Category: GlobeNewswire

  • MIL-OSI: RegEd Advances Next-Generation AI Capabilities of Its Industry-Leading Advertising Compliance Review Solution

    Source: GlobeNewswire (MIL-OSI)

    Raleigh, NC, May 15, 2025 (GLOBE NEWSWIRE) — RegEd, the leading provider of compliance solutions for the financial services industry, today announced the release of Version 3.0 of the proprietary AI model that powers its Advertising Review solution. This marks a significant milestone in the evolution of RegEd’s Submission Intelligence suite of capabilities and underscores the company’s leadership in enterprise-grade, AI-enabled compliance technology. 

    Less than a year after being the first to deliver enterprise-ready AI for advertising compliance, RegEd has introduced its third-generation model, setting a new benchmark for precision, efficiency, and data security. The AI 3.0 release achieves more than 90% accuracy in identifying problematic content in advertising and marketing materials, with continuous refinement driven by real-world use across dozens of leading financial services firms. 

    “At RegEd, AI is more than a buzzword,” said Ethan Floyd, Chief Product Officer at RegEd. “Many vendors are using ‘AI’ as a marketing tactic, describing capabilities as “agents” that are not built on AI technology. Because of the value it can bring our customers, RegEd invested in building its own AI technology and development discipline that is in production today. Our model continues to improve because of the level of adoption we have across our customer base, and because we’ve implemented a robust methodology to constantly fine-tune it for maximum utility for the industry.”

    Developed within a closed-loop system, RegEd’s AI ensures complete client data privacy. The model is governed, trained, and deployed exclusively within RegEd’s secure infrastructure, avoiding the security and privacy risks associated with third-party models, or those that are externally trained or managed. 

    Key Enhancements in Version 3.0: 

    • Improved Accuracy: Now exceeding 90% accuracy in problematic content detection, with continued reduction in false positives. 
    • Client-Calibrated Tuning: Firms can now adjust sensitivity thresholds to align the model with internal standards and review preferences. 
    • Consistency Across Review Teams: AI delivers repeatable, scalable identification of red flags, helping teams maintain uniformity across reviewers and workflows. 

    In addition to the enhancements in Version 3.0, RegEd will introduce AI-assisted pre-review later this year. This next-phase capability will enable firms to screen materials for compliance issues before human review, further accelerating review cycles and improving speed to market. 

    RegEd’s ongoing commitment to governance, model validation, and robust testing ensures that each evolution of its solution delivers measurable impact without compromising on security, privacy or compliance effectiveness. 

    To learn more or request a demonstration, visit www.reged.com

    About RegEd 

    RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 200 enterprise clients that represent more than 35 of the top 50 insurance companies. 

    Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk. 

    Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients. For more information, please visit www.reged.com

    The MIL Network

  • MIL-OSI: Immunefi Partners with Fuzzland to Bring Advanced AI-Driven Threat Prevention to Magnus

    Source: GlobeNewswire (MIL-OSI)

    Singapore, May 15, 2025 (GLOBE NEWSWIRE) — Immunefi, the leading onchain security platform protecting over $190 billion in user funds, today announces Fuzzland as the latest strategic partner of its Magnus platform. This partnership marks a significant step toward building a unified, proactive, and intelligent defense system for decentralized protocols, integrating advanced AI-driven fuzzing and real-time threat detection technologies directly into Magnus.

    Fuzzland is recognized for its deeply technical, multi-layered approach to threat prevention. The company has been responsible for identifying 8,291+ vulnerabilities in protocols, rescuing over $33.4 million in assets, and directly preventing over 110 attacks. Its approach goes far beyond threat detection, actively neutralizing vulnerabilities through powerful, automated analysis solutions, including:

    • 24/7 On-Chain Penetration Testing: Utilizes AI-driven fuzzing and formal verification to analyze smart contracts across thousands of transactions per second, identifying vulnerabilities before they can be exploited. 
    • Monitoring Alerts: Instant notifications for suspicious activities across blockchain and infrastructure layers.
    • Mitigation: Proactive and reactive interventions using real-time mempool analysis to prevent exploits.

    Magnus users now benefit from enhanced security intelligence and always-on protection across the entire onchain security stack. The seamless integration of Fuzzland’s advanced technologies enables continuous smart contract monitoring, AI-driven real-time vulnerability detection, and proactive and reactive mitigation of live threats — all from a single command center.

    “We’re excited to partner with Fuzzland and integrate their cutting-edge AI-driven security technology into Magnus. Their innovative approach to proactive threat prevention is a game-changer, and it perfectly complements our mission to protect protocols before threats can even surface,” said Mitchell Amador, Founder and CEO of Immunefi. 

    “For protocols building in today’s high-risk environment, it’s not enough to detect vulnerabilities, you need to outpace them. That’s exactly what this integration enables, and we’re thrilled to join Magnus and contribute to building the future of onchain security. Magnus is exactly what the industry has been waiting for: a revolutionary platform unifying the entire security stack into one integrated solution, transforming how protocols defend themselves,” said Dan Matulula, Ecosystem Lead at Fuzzland.

    The future of decentralized security is collaborative, automated, and relentless — and it’s being built now. Protocols can sign up for early access to Magnus and experience the next generation of onchain security. Sign up now, here.

    About Immunefi
    Immunefi is the leading onchain security platform, working with ground-breaking protocols such as Chainlink, Ethereum Foundation, Optimism, Arbitrum, and many more. Our latest product, Magnus, bridges the gap between security solutions by creating a unified platform for security operations. Allowing protocols to easily launch bug bounties, audit competitions, and proactively stop threats using our automations engine built with the industry’s best vulnerabilities dataset. Our growing community of over 60,000 security researchers protects $190B in user funds and has prevented over $25B in hacks across 500+ protocols. Learn more at immunefi.com.

    The MIL Network

  • MIL-OSI: The Southern Banc Company, Inc. Announces Third Quarter Earnings

    Source: GlobeNewswire (MIL-OSI)

    GADSDEN, Ala., May 15, 2025 (GLOBE NEWSWIRE) — The Southern Banc Company, Inc. (OTCBB: SRNN), the holding company for The Southern Bank Company (the “Bank”), announced net income of approximately $230,000, or $0.30 per basic and $0.30 per diluted share, for the quarter ended March 31, 2025, as compared to net income of approximately $340,000, or $0.45 per basic and $0.44 per diluted share, for the quarter ended March 31, 2024. The Company announced that for the nine-month period ended March 31, 2025, the Company recorded net income of approximately $775,000, or $1.02 per basic and $1.01 per diluted share, as compared to net income of approximately $1,177,000, or $1.55 per basic and $1.53 per diluted share, for the nine-month period ended March 31, 2024. The Company’s fiscal year ends June 30, 2025.

    Gates Little, President and Chief Executive Officer of the Company stated that the Company’s net interest margins increased approximately $335,000, or 17.92%, during the quarter as compared to the same period in 2024. The increase in the net interest margin before provision for credit losses for the quarter was primarily attributable to an increase in total interest income of approximately $477,000 offset by an increase in total interest expense of approximately $142,000. For the three-month period ending March 31, 2025, the Company recorded a provision for loan and lease losses in the amount of approximately $99,000 as compared to no provision for the three-month period ended March 31, 2024. For the quarter ending March 31, 2025, total non-interest income decreased approximately $53,000, or (27.88%), while total non-interest expense increased approximately $332,000, or 20.70%, as compared to the same three-month period in 2024. The decrease in non-interest income was primarily attributable to a decrease in miscellaneous income of approximately $51,000 and customer services fees of approximately $2,000. The increase in non-interest expense was primarily attributable to increases in salaries and benefits of approximately $289,000, professional service expense of approximately $26,000, and occupancy expense of approximately $8,000 offset in part by a decrease in data processing expenses of approximately $10,000.

    For the nine months ending March 31, 2025, net interest income increased approximately $1,442,000, or 20.17%, as compared to the same period in 2024. For the nine-month period ending March 31, 2025, the Company recorded a provision for loan and lease losses in the amount of approximately $541,000 as compared to no provision for the nine-month period ended March 31, 2024. For the nine-months ended March 31, 2025, total non-interest income decreased approximately $42,000, or (8.53%), while total non-interest expense increased approximately $774,000, or 16.70%, as compared to the same period in 2024. The decrease in non-interest income was primarily attributable to decreases in miscellaneous income of approximately $37,000 and customer service fees of approximately $5,000. The increase in non-interest expense was primarily attributable to increases in salaries and benefits of approximately $630,000, occupancy expense of approximately $21,000, professional fees of approximately $144,000, offset in part by a decrease in data processing expense of approximately $25,000.

    The Company’s total assets on March 31, 2025, were approximately $127.7 million, as compared to $113.1 million at June 30, 2024. Total stockholders’ equity was approximately $16.3 million on March 31, 2025, or 12.73% of total assets as compared to approximately $14.5 million on June 30, 2024, or approximately 12.80% of total assets.

    The Bank has four full-service banking offices located in Gadsden, Albertville, Guntersville, and Centre, AL, and one loan production office in Birmingham, AL that conducts factoring activities. Common stock of The Southern Banc Company, Inc. trades in the over-the-counter market under the symbol “SRNN”.

    Certain statements in this release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which statements can generally be identified by the use of forward-looking terminology, such as “may,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “target,” “plan,” “project,” “continue,” or the negatives thereof, or other variations thereon or similar terminology, and are made on the basis of management’s plans and current analyses of the Company, its business and the industry as a whole. These forward-looking statements are subject to risks and uncertainties, including, but not limited to, economic conditions, competition, interest rate sensitivity and exposure to regulatory and legislative changes. The above factors, in some cases, have affected, and in the future could affect the Company’s financial performance and could cause actual results to differ materially from those expressed or implied in such forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

     
    (Selected financial data attached)
     
     
    THE SOUTHERN BANC COMPANY, INC.
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
    (Dollar Amounts in Thousands)
     
        March 31,     June 30,
        2025     2024
        Unaudited     Audited
    ASSETS          
    CASH AND CASH EQUIVALENTS $ 26,537     $ 12,632  
    SECURITIES AVAILABLE FOR SALE, at fair value   38,922       37,912  
    FEDERAL HOME LOAN BANK STOCK   125       120  
    LOANS RECEIVABLE, net of allowance for loan losses of $1,605 and $1,160, respectively   58,408       58,199  
    PREMISES AND EQUIPMENT, net   1,025       1,133  
    ACCRUED INTEREST AND DIVIDENDS RECEIVABLE   955       934  
    PREPAID EXPENSES AND OTHER ASSETS   1,763       2,124  
               
    TOTAL ASSETS $ 127,735     $ 113,054  
               
    LIABILITIES          
    DEPOSITS $ 104,249     $ 92,250  
    FHLB ADVANCES   0       0  
    OTHER LIABILITIES   7,227       6,338  
    TOTAL LIABILITIES   111,476       98,588  
               
    STOCKHOLDERS’ EQUITY:          
    Preferred stock, par value $.01 per share 500,000 shares authorized; no shares issued and outstanding          
    Common stock, par value $.01 per share, 3,500,000 authorized, 1,454,750 shares issued   15       15  
    Additional paid-in capital   13,947       13,943  
    Shares held in trust, 44,081 and 46,454 shares at cost, respectively   (762 )     (772 )
    Retained earnings   14,660       13,884  
    Treasury stock, at cost, 648,664 shares   (8,825 )     (8,825 )
    Accumulated other comprehensive (loss)   (2,776 )     (3,779 )
    TOTAL STOCKHOLDERS’ EQUITY   16,259       14,466  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 127,735     $ 113,054  
     
    THE SOUTHERN BANC COMPANY, INC.
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (Dollar Amounts in Thousands, except per share data)
     
                                                                     Three Months Ended     Nine Months Ended
              March 31,     March 31,
                                 
              2025
    (Unaudited)
        2024     2025
    (Unaudited)
        2024
                                 
    INTEREST INCOME:                      
                                 
      Interest and fees on loans $ 2,476   $ 2,108   $ 7,548   $ 6,284
      Interest and dividends on securities   200     182     545     551
      Other interest income   213     122     494     310
                                 
        Total interest income   2,889     2,412     8,587     7,145
                                 
    INTEREST EXPENSE:                      
      Interest on deposits   685     543     2,020     1,392
      Interest on borrowings   0     0     0     0
        Total interest expense   685     543     2,020     1,392
        Net interest income before provision for loan losses   2,204     1,869     6,567     5,753
      Provision for loan losses   99     0     541     0
        Net interest income after provision for loan losses   2,105     1,869     6,026     5,753
                                 
    NON-INTEREST INCOME:                      
      Fees and other non-interest income   30     32     96     101
      Net gain on sale of securities   0     0     0     0
      Miscellaneous income   107     158     344     381
      Total non-interest income   137     190     440     482
                                 
    NON-INTEREST EXPENSE:                      
      Salaries and employee benefits   1,239     950     3,402     2,772
      Office building and equipment expenses   101     93     285     264
      Professional Services Expense   195     169     565     421
      Data Processing Expense   185     195     555     580
      Net loss on sale of securities   0     0     0     0
      Other operating expense   211     192     610     606
          Total non-interest expense   1,931     1,599     5,417     4,643
                                 
      Income before income taxes   311     460     1,049     1,592
                                 
    PROVISION FOR INCOME TAXES   81     120     274     415
                                 
        Net Income $ 230   $ 340   $ 775   $ 1,177
                                 
    EARNINGS PER SHARE:                      
        Basic $ 0.30   $ 0.45   $ 1.02   $ 1.55
        Diluted $ 0.30   $ 0.44   $ 1.01   $ 1.53
                                 
    DIVIDENDS DECLARED PER SHARE $   $   $   $
                                 
    AVERAGE SHARES OUTSTANDING:                      
        Basic   763,918     759,650     761,050     760,729
        Diluted   768,309     766,093     766,710     767,791

    Contact: Gates Little
    (256) 543-3860

    The MIL Network

  • MIL-OSI: EVA AI Launches First Real-Time AI Antivirus for Web3 to Block On-Chain Threats

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 15, 2025 (GLOBE NEWSWIRE) — EVA AI – a leading provider of decentralized security solutions and one of Q1’s top-performing on-chain projects – has launched EVA Sentinel Extension, the first AI-powered antivirus built exclusively for Web3 users. The browser-based tool operates in real time, auditing tokens, scanning smart contracts, and blocking malicious scripts — all without requiring a wallet connection or compromising user privacy.

    As adoption of decentralized applications (dApps) accelerates, so does the frequency of on-chain threats. In 2024 alone, Web3 users lost over $1.7 billion to scams and exploits, according to Chainalysis – the majority of which began with invisible, malicious code embedded in contracts or websites. EVA Sentinel was designed to stop these threats before users engage with them.

    “EVA Sentinel Extension is our answer to an increasingly hostile Web3 landscape,” said Extiint, Co-founder of EVA AI. “Users deserve better protection, and that starts with full transparency and real-time threat detection, before a wallet is ever connected. Our mission is to deliver first-rate security for Web3 and beyond. DeFi is the future, and we’re committed to building protection that evolves alongside the groundbreaking advancements happening across the space.”

    A New Standard for Web3 Security

    EVA Sentinel Extension is the first tool of its kind to deliver real-time, AI-powered protection without requiring setup, browser changes, or wallet permissions. It activates the moment a user visits a site or interacts with on-chain elements – flagging risks and blocking attacks before any transaction takes place.

    Key capabilities include:

    • Real-Time Token & Contract Audits

    Instantly analyzes any token or smart contract encountered while browsing – offering actionable insights before users approve, sign, or swap.

    • Auto-Blocking of Untrusted Scripts

    Detects and disables malicious code before it can execute – stopping phishing attempts, drainers, and stealth exploits at the source.

    • Ultra Protection Mode

    Preemptively disables all Web3 scripts on uncertified or untrusted websites. Users can whitelist or blacklist sites manually.

    • EVA Logo Risk Indicator

    A color-coded icon (green, yellow, red) appears in-browser to signal the threat level of any webpage at a glance.

    • EVA Widget

    An optional, on-page tool that lets users:

    View smart contracts loaded on any webpage

    Audit tokens or contracts instantly

    Monitor transactions in real time

    Auto-scan tokens before buying or approving

    • Popup & Ad Removal

    Blocks Web2-originating popups and ads often used to deliver hidden scripts and phishing attempts.

    • P2P Community Trust System

    Every site trusted or blacklisted by users feeds into a shared intelligence network, strengthening threat detection across the entire EVA ecosystem.

    Privacy by Design

    Unlike most wallet-connected security tools, EVA Sentinel is completely wallet-free. It doesn’t manage private keys, request permissions, or store personal data – ensuring robust protection with complete privacy.

    “You shouldn’t have to connect your wallet to know if you’re at risk,” said Cosmo, Co-founder of EVA. “EVA is invisible until you need it, but always watching for threats.”

    Available Now

    EVA Sentinel Extension is now available for Chrome and Brave browsers. Users can install the tool and begin browsing Web3 with full protection in under 60 seconds.

    A more advanced version, EVA Plus, is scheduled for release in June – bringing enhanced AI protections and premium security layers for power users and institutions.

    Download now:

    https://chromewebstore.google.com/detail/eva-sentinel/fbemejbekefmhnfhknjdelipddeadofo

    Learn more: www.eva-ai.cloud

    About EVA AI

    Security is the foundation of EVA. From our real-time API – trusted by over 45 on-chain projects – to the EVA Sentinel Extension, we deliver advanced, AI-powered protection for the entire Web3 stack. EVA safeguards users, developers, and protocols with tools that audit smart contracts, detect threats autonomously, and defend against exploits in real time. Whether it’s a dApp, token, or transaction, EVA ensures Web3 is safer for everyone.

    With EVA, security isn’t a feature – it’s the foundation.

    Media contact:

    Eva Team
    cosmo@eva-ai.cloud

    The MIL Network

  • MIL-OSI: Michael Sandin Appointed Interim CFO of Serstech

    Source: GlobeNewswire (MIL-OSI)

    Serstech’s Chief Financial Officer, Simon Persson, will be on parental leave from June 1 to October 31, 2025. During this period, Michael Sandin will assume the role of interim CFO.

    Michael Sandin brings over 30 years of experience in finance, including roles as an accountant and as CEO of Outbrave Finance, based in Malmö. Michael has a degree in finance from Lund University in Sweden.

    “We are pleased to welcome Michael to the Serstech team during Simon’s temporary leave. His extensive experience will ensure continued financial leadership and stability during this period,” says Stefan Sandor, CEO of Serstech.

    For further information, please contact:
    Stefan Sandor,
    CEO, Serstech AB

    Phone: +46 739 606 067
    Email: ss@serstech.com

    or

    Thomas Pileby,
    Chairman of the Board, Serstech AB

    Phone: +46 702 072 643
    Email: tp@serstech.com
    or visit: www.serstech.com

    Certified advisor to Serstech is Svensk Kapitalmarknadsgranskning AB (SKMG).

    About Serstech

    Serstech delivers solutions for chemical identification and has customers around the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organizations and first responders. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech’s solution. Serstech’s head office is in Sweden and all production is done in Sweden.

    Serstech is traded at Nasdaq First North Growth Market and more information about the company can be found at www.serstech.com

    The MIL Network

  • MIL-OSI: Baltic Horizon Fund publishes its NAV for April 2025

    Source: GlobeNewswire (MIL-OSI)

    The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) decreased to EUR 0.6740 at the end of April 2025 (0.6769 as of 31 March 2025). The month-end total net asset value of the Fund was EUR 96.8 million (EUR 97.2 million as of 31 March 2025). A minor NAV decline stemmed from the decrease in fair value of the derivative financial instruments and expenses incurred due to the early partial bond redemption. The EPRA NRV as of 30 April 2025 stood at EUR 0.7200 per unit.

    In April 2025, the consolidated net rental income of the Fund remained at the same level, amounting to EUR 1.0 million (EUR 1.0 million in March 2025).

    At the end of April 2025, the Fund’s consolidated cash and cash equivalents amounted to EUR 8.2 million (31 March 2025: EUR 12.8 million). As of 30 April 2025, the total consolidated assets of the Fund were EUR 239.0 million (31 March 2025: EUR 243.2 million). The decrease is mainly related to early partial redemption of the bonds on 10 April 2025 in the amount of EUR 3 million.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI: SpyCloud Appoints Brad Rouse as Chief Revenue Officer Amid Growing Demand for Identity Threat Protection

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 15, 2025 (GLOBE NEWSWIRE) — SpyCloud, the leader in identity threat protection, today announced the appointment of Brad Rouse as Chief Revenue Officer (CRO). In this role, he leads SpyCloud’s global sales, partnerships, and customer success teams as the company scales its go-to-market efforts to meet surging demand for proactive threat remediation solutions.

    With more than 30 years of experience in technology sales and executive leadership, Brad brings a track record of building high-performing revenue organizations and delivering customer-centric security solutions. His leadership will play a key role in expanding SpyCloud’s global footprint and strengthening customer relationships as organizations face increasingly complex identity-based threats.

    “Brad’s expertise in scaling revenue teams and navigating the enterprise security landscape is a tremendous asset,” said Ted Ross, CEO and co-founder of SpyCloud. “As cybercriminals shift tactics and target the holistic identity, Brad’s leadership will help us deliver our differentiated approach to a broader audience and empower more businesses to take proactive steps against ransomware, account takeover, and online fraud.”

    Brad joins SpyCloud from Protegrity, where he served as CRO, where he oversaw global sales, customer success, support, and professional services. He has also held senior leadership roles at Entrust, Gemalto, Ping Identity, and IBM, helping to drive transformational growth and deepen enterprise customer engagement.

    In his new role, Brad oversees SpyCloud’s enterprise, mid-market, and Federal sales teams – as well as the channel, tech alliances, and customer success functions, which serve 700+ customers and partners around the globe.

    “SpyCloud’s mission to disrupt cybercrime by turning exposed identity data into a company’s best defense is not only compelling – it’s critical,” explained Brad Rouse, CRO of SpyCloud. “I’m excited to join a team that’s leading identity security innovation, and look forward to helping more organizations prevent devastating cyberattacks.”

    Brad’s appointment follows recent product innovations that reinforce SpyCloud’s leadership in transforming recaptured data – sourced from breaches, malware infections, and phishing attacks – into automated, holistic identity threat protection solutions. SpyCloud’s products enable security, identity, and fraud prevention to prevent, remediate, and investigate identity threats – acting on exposed credentials, session cookies, and financial data before it’s exploited.

    About SpyCloud

    SpyCloud transforms recaptured darknet data to disrupt cybercrime. Its automated identity threat protection solutions leverage advanced analytics to proactively prevent ransomware and account takeover, safeguard employee and consumer accounts, and accelerate cybercrime investigations. SpyCloud’s data from breaches, malware-infected devices, and successful phishes also powers many popular dark web monitoring and identity theft protection offerings. Customers include seven of the Fortune 10, along with hundreds of global enterprises, mid-sized companies, and government agencies worldwide. Headquartered in Austin, TX, SpyCloud is home to more than 200 cybersecurity experts whose mission is to protect businesses and consumers from the stolen identity data criminals are using to target them now.

    To learn more and see insights on your company’s exposed data, visit spycloud.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c0f0a07-120c-4c44-a6e7-08559687112d

    The MIL Network

  • MIL-OSI: Viventium Revolutionizes Exclusion Monitoring for Healthcare Organizations With Exclugo Partnership

    Source: GlobeNewswire (MIL-OSI)

    BERKELEY HEIGHTS, N.J., May 15, 2025 (GLOBE NEWSWIRE) — Viventium, who offers an industry-leading payroll, HR, and compliance platform purpose-built for healthcare providers, is proud to announce a strategic partnership with Exclugo, an AI-powered exclusion monitoring and license verification company. This collaboration will integrate Exclugo’s real-time, continuous exclusion monitoring and license verification services into Viventium’s platform, offering healthcare providers the easiest ever path to monitoring compliance.

    These monitoring services are crucial to healthcare employers to ensure that employees, contractors, and vendors are licensed and are not listed on federal or state exclusion lists, such as the Office of Inspector General’s (OIG) List of Excluded Individuals and Entities (LEIE) and the System for Award Management’s (SAM) exclusion list. Employing or associating with excluded or unlicensed individuals or entities can lead to severe penalties, including denied claims, fines, and loss of federal funding.

    Traditional exclusion monitoring and license verification methods are often manual, time consuming, and prone to errors. Viventium and Exclugo have come together with a modern solution to these challenges by utilizing real-time integration and artificial intelligence to deliver a completely automated, always-on monitoring solution that is the first of its kind in the industry. Viventium clients will benefit from novel features including:

    • Real-time alerts: Always-on monitoring of all employees with immediate notifications for any changes in exclusion or license status.
    • AI-powered precision: Machine learning algorithms that continuously enhance monitoring accuracy and reduce false matches.
    • Comprehensive coverage: Monitoring services encompassing OIG, Office of Foreign Assets Control (OFAC), and state-level exclusions, as well as sex offender registries and Death Master File (DMF). National Provider Identifier (NPI) monitoring is also available.

    By integrating Exclugo’s advanced monitoring capabilities, Viventium clients can ensure compliance with regulatory requirements more efficiently, reducing administrative burdens and mitigating risks associated with non-compliance.

    “We are committed to providing our clients with innovative solutions to maintain compliance and simplify complex administrative tasks,” said Navin Gupta, CEO of Viventium. “This collaboration sets an entirely new industry benchmark, changing the way clients experience exclusion monitoring by bringing Exclugo’s real-time, AI-infused continuous monitoring services into Viventium’s platform. This unique offering gives healthcare providers the easiest ever path to exclusion monitoring compliance.”

    Michael Wenger, CEO of Exclugo, shared his enthusiasm for the collaboration: “Partnering with Viventium allows us to extend our AI-driven monitoring solutions to a broader audience. Together, we are empowering healthcare organizations to maintain the highest standards of compliance, ultimately contributing to better patient outcomes and operational efficiency.”

    About Viventium

    Viventium is healthcare’s trusted ally for payroll, HR, and compliance, combining innovative solutions with deep expertise in the healthcare industry. Its purpose-built cloud-based platform is designed to tackle the complexity and compliance challenges healthcare providers face, simplifying the workday, every day. Viventium helps organizations hire and retain care staff, improve the employee experience, and drive measurable value. Serving clients in all 50 states and supporting over 500,000 healthcare employees, Viventium enables organizations to focus on what matters most: providing compassionate care. It’s a new day, with Viventium. 

    For more information, visit viventium.com

    About Exclugo

    Exclugo is an AI-powered compliance monitoring company dedicated to revolutionizing exclusion monitoring in the healthcare industry. Our platform offers real-time, continuous monitoring of third-party vendors, contractors, business associates, medical staff, and employees. Designed by healthcare data experts, Exclugo ensures organizations stay compliant with ease, confidence, accuracy, and speed.

    For media inquiries, please contact:

    Jeff Petescia

    jpetescia@viventium.com

    The MIL Network

  • MIL-OSI: No KYC. 100x Leverage. Double Deposit Bonus. Crypto Futures Trading Made Easy on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 15, 2025 (GLOBE NEWSWIRE) — With the price of Bitcoin fluctuating above $100,000, many analysts are predicting a prolonged period of high volatility in the cryptocurrency market. Holding spot positions may struggle to generate short-term profits in such conditions. As a result, 100x leverage futures trading has become the preferred tool for seasoned investors looking to maximize potential gains in this volatile market. BexBack Exchange is ramping up its efforts to offer traders unmatched promotional packages. The platform now features a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading, providing exceptional opportunities for investors.

    Advantages of 100x Leverage Crypto Futures

    1. Amplified Profits: Control large positions with a small amount of capital, capturing more profits from market fluctuations.
    2. Low Capital Requirement: Participate in high-value trades with minimal investment, lowering the entry barrier.
    3. Increased Market Opportunities: Profit quickly from price fluctuations, especially in volatile markets.
    4. High Capital Efficiency: Leverage enables better use of your capital, expanding your investment potential.
    5. Profit from Both Up and Down Markets: Adapt to any market conditions, with opportunities to profit whether the market goes up or down.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign Up Now on BexBack — Break the 100x Leverage and KYC Barriers, Get Double Deposit Bonus and $50 Welcome Bonus Instantly

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack 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/33a2f92a-19d5-458b-9591-7d22ecb524df

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5b8f4756-81a9-422d-89a0-52bf94338f93

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cef19994-896c-42eb-9e8e-7ff269e9bd2f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ff556d3d-4f48-4d4d-909d-21f25e3f2dfe

    The MIL Network

  • MIL-OSI: Aircela Unveils Machine That Turns Air into Fossil-Free Gasoline

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Aircela, a New York-based fuels company, has developed a compact machine designed to turn air, water, and renewable electricity into real, engine-ready gasoline—without fossil inputs. Built for off-grid and distributed use, the machine captures CO₂ directly from the atmosphere and synthesizes it into clean fuel that works in any standard engine, with no modifications required.

    “We didn’t build a prototype. We built a working machine,” said Eric Dahlgren, co-founder and CEO of Aircela. “We want people to walk away knowing this isn’t too good to be true—it actually works.”

    The fully operational machine will be publicly demonstrated for the first time on May 20, producing gasoline on-site and in real time. The fuel is free of sulfur, heavy metals, and ethanol, and fully compatible with today’s engines and infrastructure.

    The technology builds on decades of research by Dr. Klaus Lackner, a physicist who pioneered the concept of direct air capture in the early 2000s. He will join Aircela’s unveiling to walk attendees through the technology—bringing his long-held vision for climate-ready fuels into real-world form.

    With over 90% of vehicles worldwide still running on fossil fuels, Aircela offers a practical path to decarbonize transportation—without requiring new infrastructure, new vehicles, or changes in driver behavior.

    Backed by Chris Larsen (founder of Ripple), Jeff Ubben (activist investor and ExxonMobil board member), and global shipping leader Maersk, Aircela has attracted support from across climate finance and transportation. The company plans to begin scaling production later this summer to support residential, commercial, and industrial deployments.

    About Aircela
    Aircela makes modular machines that produce fossil-free, engine-ready gasoline from air, water, and renewable electricity. Designed for flexible deployment and drop-in compatibility, Aircela’s technology offers a practical alternative to fossil fuels—without requiring new vehicles, new infrastructure, or new habits.

    The company was founded in 2019 by Mia Dahlgren and Eric Dahlgren, and is backed by Chris Larsen (founder of Ripple), Jeff Ubben (investor and activist board member of ExxonMobil), and global shipping leader Maersk.

    Media Contact:
    Nora Abramov
    Head of Communications, Aircela
    nora@aircela.com | www.aircela.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8a4f0ce-4b55-4a3e-b2a2-a9425a5e1f5a

    The MIL Network

  • MIL-OSI: Best Scam Protection Software (2025): McAfee Named Top Choice for Email, Text, and Video Scam Detection by Software Experts

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK CITY, May 15, 2025 (GLOBE NEWSWIRE) — With the average person seeing 14 scam messages per day and dedicating over 90 hours each year to identifying threats*, the importance of strong digital protection is greater than ever. Today, Software Experts is proud to recognize McAfee’s Scam Detector – a key feature included at no cost with McAfee’s core plans, including McAfee+ and McAfee Total Protection – as a top scam protection tool of 2025.

    Top Scam Protection Software

    • Scam Detector – an AI-powered feature that helps users detect and block scam texts, emails, and deepfake videos in real time across their devices

    Backed by decades of cybersecurity leadership, McAfee has evolved beyond traditional antivirus to meet the needs of modern users facing sophisticated scams in their inboxes, message threads, and even social media feeds. Scam Detector answers this urgent need by using AI-powered scans to detect dangerous text, email, and video scams and alert users.

    All-in-One Scam Protection At No Extra Cost

    Included in McAfee+ and McAfee Total Protection plans, Scam Detector equips users with proactive tools to recognize and scan suspicious content across key communication channels:

    • Text Scams: Alerts users to SMS-based phishing attempts and dangerous links directly within the McAfee mobile app, available on both Android and iOS.
    • Email Scams: Users can link Gmail, Microsoft, and Yahoo Mail accounts for real-time scans in the background. McAfee identifies suspicious messages and explains why they’re risky – no guessing required.
    • Video Scams: A unique feature that uses AI to detect deepfake videos and other manipulative media designed to impersonate trusted individuals or spread disinformation. It’s the world’s first automatic deepfake detection among online protection providers.

    Scam Detector works locally for privacy and supports multiple languages, ensuring scam protection is both private and accessible to diverse users. It also integrates with McAfee’s Safe Browsing technology, which blocks risky links if accidentally clicked.

    Simple Setup, Smart Protection

     

    Scam Detector is designed to deliver powerful scam protection without the complexity. Setup is quick and seamless: to enable email scam protection, users simply connect the email account registered to their McAfee subscription or link a new one – no additional apps or extensions required. For scam texts and deepfake video detection, users activate the feature through the McAfee mobile app. There’s no need to copy and paste suspicious links or upload content for review, though users can if they want to test that functionality in the app. Once activated, Scam Detector works in the background to proactively scan incoming messages, emails, and videos, alerting users when potential threats are detected.

    But Scam Detector does more than just warn – it educates. Each time an email scam is flagged, McAfee provides a clear, contextual explanation of the risks involved, helping users understand the social engineering tactics, deceptive language, or impersonation strategies that scammers commonly use. This empowers individuals to recognize warning signs on their own, building long-term digital awareness and confidence.

    Alerts are delivered in a non-intrusive manner, whether through a mobile notification, a flagged email, or a warning overlaid on suspicious videos. The goal is to provide helpful guidance without interrupting the user experience – keeping people informed, protected, and in control at all times.

    A Response to a Growing Crisis

    The need for smarter scam protection has never been more urgent. Americans are now targeted by an average of 14 scam messages a day, losing an average of $1,471 each time they fall for one*. Worse still, these scams are becoming more sophisticated – blending AI-generated deepfake videos, realistic phishing emails, and fake text alerts that mimic real businesses. It’s not just tech novices who are falling victim, even digital-savvy individuals can be deceived.

    Part of the problem lies in the speed at which these scams unfold. According to McAfee’s research, only 17% of people recognize they’ve encountered a scam within five minutes*. That delay can be costly, leading to compromised identities, drained bank accounts, or irreversible emotional harm.

    Scam Detector was created to meet this moment – offering fast, intelligent detection that’s built directly into the tools people already use every day. By integrating scam protection into core McAfee+ and McAfee Total Protection plans, McAfee ensures users are safeguarded from the most common and costly forms of online deception, all without needing to download or juggle additional tools.

    Click here to explore McAfee’s plans. For the full review, please visit the Software Experts website.

    About McAfee

    McAfee Corp. is a global leader in online protection for consumers. Focused on protecting people, not just devices, McAfee’s consumer solutions adapt to users’ needs in an always online world, empowering them to live securely through integrated, intuitive solutions that protect their families, communities, and businesses with the right security at the right moment. For more information, please visit McAfee.com.

    *A McAfee survey, which focused on the topic of deepfakes, text and email scam messages, and the impact of these scams on consumers, was conducted online in December 2024. 5,000 adults, age 18+, In 7 countries (US, Australia, India, UK, France, Germany, Japan), participated in the study.

    About Software Experts: Software Experts provides news and reviews of consumer products and services. As an affiliate, Software Experts may earn commissions from sales generated using links provided. 

    The MIL Network

  • MIL-OSI: Caro Holdings & Animoat Partner to Expand Distribution of Innovative Pet Bowls

    Source: GlobeNewswire (MIL-OSI)

    SHEFFIELD, United Kingdom, May 15, 2025 (GLOBE NEWSWIRE) — Caro Holdings Inc. (OTC: CAHO), through its subsidiary, has been named agency of record by Value Added Technologies LLC (d/b/a Animoat) to deliver full-service support aimed at increasing sales and expanding the brand’s geographic reach.

    Animoat, an emerging brand in the pet bowl category, has developed the Ani-moat Pet Feeder—a patented, veterinarian-backed product designed to promote cleaner, healthier mealtimes for cats and small dogs. With a moat-style water channel that repels ants and an elevated ergonomic design that supports digestion and joint comfort, the Ani-moat sits at the intersection of health, hygiene, and smart pet care.

    Caro will support Animoat by optimising its online presence through product storytelling, logistics coordination, and conversion-focused campaigns. This includes helping the brand list on key online marketplaces such as Amazon, along with retail outreach, operations planning, and fulfilment partnerships to ensure reliable delivery across all channels.

    To further enhance digital performance, Caro will deploy its AI Chat Agent platform to improve customer service and drive online conversions. The system uses conversational AI to offer real-time assistance, reduce cart abandonment, and streamline support.

    Driven by rising pet ownership and increased interest in pet wellness, the U.S. pet bowl market forms part of a global sector valued at USD 3.48 billion in 2023, with projections reaching nearly USD 5.57 billion by 2032.

    “We’re proud to support Animoat as they scale from a product-led startup to a trusted name in pet bowls and accessories,” said Meriesha Rennalls, COO of Caro Holdings. “Our team is focused on building market visibility and delivering sustainable growth through strategic execution.”

    The partnership reflects Caro’s broader mission to accelerate growth for high-potential direct-to-consumer (DTC) brands using performance marketing, e-commerce optimisation, and AI-powered tools.

    About Caro Holdings Inc.
    Caro Holdings is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its services include e-commerce strategy, digital marketing, AI voice technology, logistics support, and growth capital. Learn more at www.caroholdings.com.

    About Value Added Technologies LLC
    Animoat designs pet products focused on wellness, simplicity, and functionality. Its flagship Ani-moat Feeder offers a hygienic, design-forward solution for pet mealtimes. Learn more at www.animoat.com.

    Caro Holdings Inc.
    +1 786-755-3210
    ir@caroholdings.com

    The MIL Network

  • MIL-OSI: Crowd Street Sponsors Premier Venture Capital Event To Showcase Momentum in Self-Directed Private Market Investing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Crowd Street, the direct-access private market investment platform dedicated to helping members reach their financial ambitions, today announced its sponsorship of Beyond Summit 2025. Beyond Summit, which runs from May 19-21 in Carlsbad, Calif., is an annual event hosted by Allocate, a leading technology platform transforming private market investing for wealth advisors and family offices. The conference is a premier gathering designed to bring together leading limited partners, fund managers, venture and technology leaders to discuss the future of innovation and private markets investing.

    As the world of private market investing enters an increasingly exciting inflection point, Crowd Street’s goal is to help individual investors gain access to private market opportunities that have historically been reserved for institutions and ultra-high-net-worth individuals. Through its presence at Beyond Summit, Crowd Street is reinforcing its commitment to providing more access and education across various asset classes in an effort to reimagine wealth-building strategies for a new generation of investors.

    “Private markets are no longer a niche segment of the investment landscape – it is a thriving ecosystem with the potential to redefine how individual investors diversify their portfolios and work to build wealth,” said John Imbriglia, CEO of Crowd Street. “Our mission is to help inspire and empower the millions of individual investors in this country who want to realize their financial goals through a self-directed platform. We have admired what Allocate has been building since it first started, so it makes sense to support them at the Beyond Summit. We believe the rising tide of private market investing will lift all boats. We currently have tens of thousands of accredited investors who are actively investing in real estate through our platform. As more and more people understand the potential for wealth creation in private markets, we expect our member base to grow significantly, especially as we work to expand our investment offerings to more asset classes such as private equity and private credit.”

    “Like Crowd Street, we have seen the growing interest in Private Market investing from family offices and registered investment advisors,” said Samir Kaji, CEO of Allocate. “We’re grateful to have Crowd Street as a premier sponsor for this event. We are thrilled to share the energizing trajectory of our industry with Crowd Street – a company that appears to have what it takes to meet the moment and shape the future. Through the lens of Venture Capital, we have been at the forefront of all of this increased interest in private market investing. It feels like the demand that has been bubbling beneath the surface in recent years is getting ready to explode. So, it’s a very exciting moment for Allocate and Crowd Street to stay closely connected.”

    The invite-only event will bring together over 200 of the most influential minds in the industry to explore the rising potential of private market investing. Last year’s event welcomed more than 200 family offices, representing 13 countries and 70 cities, and included 70+ venture general partners.

    According to Allocate, attendees will hear from some of the most insightful investors in private markets and the innovation economy from leading companies such as OpenAI, Kleiner Perkins, Forerunner and more. These leaders will discuss what it takes to implement succession planning at a top-tier venture capital franchise and explore how private capital – coupled with a multi-asset investment approach from one of the world’s largest family offices – is driving impactful societal and environmental change. Most importantly, attendees will receive unique insights into private market investments, gain greater education into the private market ecosystem, and understand the opportunity in self-directed access to private market investing.

    Together, Crowd Street and Allocate are committed to the larger purpose of giving access to self-directed investors to the expansive private market ecosystem that has an $87 trillion market opportunity (Blue Owl, February 2025). By providing the tools, education, and connections needed to navigate the private markets, individual investors will have the necessary understanding to explore various asset classes with confidence. As self-directed private market investing continues to gain traction, this collaboration is a testament to how the future of wealth-building may be rooted in shared access.

    This sponsorship follows Crowd Street’s latest brand-building initiatives, which demonstrate the company’s broader vision of providing self-directed access to private market investments that have typically been reserved for institutions and wealth managers. To learn more about Crowd Street’s new vision that will help empower the next generation of private market investors, visit https://new.crowdstreet.com/.

    About Crowd Street
    Crowd Street empowers its members to reach their financial ambitions through self-directed private market investments. The platform offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, Crowd Street is also building a member experience rooted in trust and experience – further bridging the gap between investment opportunities and true financial wealth. Learn more at https://www.crowdstreet.com/.

    Media Contact
    LaunchSquad
    CrowdStreet@launchsquad.com

    CrowdStreet, Inc. (“Crowd Street”) offers investment opportunities and financial services on its website. Broker dealer services provided in connection with an investment are offered through CrowdStreet Capital LLC (“Crowd Street Capital”), a registered broker dealer, Member FINRA/SIPC. Advisory services are offered through CrowdStreet Advisors, LLC (“Crowd Street Advisors”), a wholly-owned subsidiary of Crowd Street and a federally registered investment adviser. Investment opportunities available through Crowd Street are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.

    The MIL Network

  • MIL-OSI: Vantage Drilling International Ltd. Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Dubai, May 15, 2025 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net loss attributable to shareholders of approximately $18.9 million or $1.42 per diluted share for the three months ended March 31, 2025, based on the weighted average shares outstanding, as compared to a net loss attributable to shareholders of approximately $2.9 million or $0.22 per diluted share for the three months ended March 31, 2024. 

    As of March 31, 2025, Vantage had approximately $76.4 million in cash. This total includes $15.5 million in pre-funding for upgrading the Tungsten Explorer, $3.3 million in restricted cash and $5.8 million pre-funded by our Managed Services customers for near-term obligations. In comparison, as of March 31, 2024, Vantage had $67.0 million in cash, including $10.8 million of restricted cash and $11.1 million pre-funded by our Managed Services customers for near-term obligations.

    Ihab Toma, CEO, commented: “The Company is pleased to have received a Conditional Letter of Award for the Platinum Explorer for work later this year. We continue to remain focused on completing the sale of the Tungsten Explorer and are pleased to expand the Managed Services segment through the execution of a marketing agreement with Eldorado Drilling.”

    Vantage, a Bermuda exempted company, is an offshore drilling contractor. Vantage’s primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells globally for major, national and independent oil and gas companies. Vantage also markets, operate and provides management services in respect of third party-owned drilling units. For more information about the Company, please refer to the Company’s website, www.vantagedrilling.com. 

    The information above includes forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in the Company’s reports or filings posted to its website or otherwise made available to its investors or creditors. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements. Vantage disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

    Non-GAAP Measures

    We report our financial results in accordance with generally accepted accounting principles (GAAP) in the United States. However, in our earnings release and during our earnings calls we may reference company information that does not conform to GAAP. Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that exclude or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and allows investors to better evaluate the financial results of the Company. However, these measures should not be viewed as an alternative to or substitute for GAAP measures of performance, and these non-GAAP measures may not be consistent with previously published Company reports on Forms 10-K, 10-Q and 8-K. Non-GAAP measures we may reference have been reconciled to the nearest GAAP measure in the tables entitled Reconciliation of GAAP to Non-GAAP Financial Measures below.

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

    Attachment

    The MIL Network

  • MIL-OSI: MKS Instruments Announces Change of Corporate Name to MKS Inc.

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., May 15, 2025 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of enabling technologies that transform our world, announced today that its shareholders have approved the change of the Company’s name to “MKS Inc.” and the change is effective May 16, 2025. 

    John T.C. Lee, President and CEO of MKS, said: “Since its founding in 1961 as an industrial instruments company, MKS has significantly expanded and entered new markets through organic growth from investment in research and development and strategic acquisitions, such as Newport in 2016, ESI in 2019, and Atotech in 2022. The name MKS Inc. better reflects the breadth and scope of our current and future business as a provider of not only industrial instruments but also world-class subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance, optimize productivity, and enable unique innovations for many of the world’s leading technology and industrial companies. This change commemorates the “new” MKS that has been years in the making.”   

    The Company’s stock will continue to trade on Nasdaq under its current symbol “MKSI” and the name change will have no effect on MKS’ corporate structure or the names of any of its subsidiaries.

    About MKS Instruments
    MKS Instruments, Inc. enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

    Contacts:

    Bill Casey
    Vice President, Marketing
    Telephone: +1 (630) 995-6384
    Email: press@mksinst.com

    Kelly Kerry, Partner
    Kekst CNC
    Email: kerry.kelly@kekstcnc.com

    The MIL Network

  • MIL-OSI: Traliant to spotlight innovative Code of Conduct, harassment prevention and AI training solutions at ATD25

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Traliant, a leading provider of online compliance training, is set to turn heads at this year’s ATD25 Conference & Expo in Washington, DC, from May 18–21. At booth #2135, attendees can get a firsthand look at Traliant’s innovative training solutions — designed to help L&D professionals and HR leaders deliver compliance training that’s not just effective – it’s engaging, relatable and memorable.

    Visitors will get an exclusive first look at Traliant’s reimagined Code of Conduct training, featuring The Code — a cinematic, TV-style series that brings complex ethical dilemmas to life and empowers employees to apply policies in real-world situations. The launch of the training coincides with Traliant’s new 2025 Code of Conduct Report, which reveals that over one-third of employees have encountered ethical situations at work where they were unsure how to respond. With more than half saying that a more relatable Code of Conduct would improve ethical decision-making, the findings underscore the importance of delivering training that truly connects – giving employees the confidence to act with integrity when it matters most.

    Alongside the premiere of its groundbreaking Code of Conduct training, Traliant will spotlight two powerful additions:

    • Preventing Workplace Harassment: 2025 Edition
      Annually updated for the year ahead, this new season of training combines cinematic scenarios with unscripted, real-life stories to help employees recognize, navigate and respond to inappropriate behavior. Fully accessible and compliant in all 50 states, the course is available in industry-specific and global versions, making it easy for L&D and HR teams to scale training across the organization.
    • AI in the Workplace
      As AI continues to evolve in the workplace, this timely training equips organizations to guide responsible AI adoption in alignment with company policies. The course helps build essential AI literacy through real-world scenarios and practical decision-making frameworks, helping employees use GenAI tools confidently and ethically.

    Interactive Games + Giveaways
    Stop by booth #2135 to test your knowledge in Traliant’s fast-paced Compliance Challenges game, get your portrait drawn by an AI-powered sketchbot, grab some cool swag, and enter to win a FREE Nespresso Creatista Plus just by following Traliant on LinkedIn at the booth.

    To learn more or book a meeting with Traliant at ATD25, visit https://www.traliant.com.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.

    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment traininginclusion trainingcode of conduct training, and many more.

    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn

    Contact:
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network

  • MIL-OSI: Hedra raises $32M to build the leading generative media platform for digital characters

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, May 15, 2025 (GLOBE NEWSWIRE) — In the fight for audience attention, video wins – but producing it remains out of reach for most companies. Hedra, the AI video generation platform behind over 10 million lifelike videos, has raised $32 million to bring AI-powered video creation to enterprise marketers. 

    The series A funding round was led by Andreessen Horowitz’s Infrastructure fund (a16z Infra), with participation from existing investors, including a16z speedrun, Abstract, and Index Ventures. This round brings the company’s total funding to $44 million since its last announced fundraise in 2024. 

    Video production is mired in lengthy timelines and production costs that can spike up to thousands of dollars per minute. While over 2.5 million users have already generated millions of videos with Hedra,  the company is now bringing this creative superpower to enterprise marketers (and beyond) who need to produce character-driven video content at scale. Whether it’s a seasonal campaign or a response to a real-time cultural moment, Hedra allows teams to create high-quality content fast featuring lifelike digital characters – so they can meet their audience where they are, when it matters most.

    Hedra founder Michael Lingelbach.

    Hedra’s origin is deeply personal for founder and CEO Michael Lingelbach. Before pursuing a PhD at Stanford, he spent years on stage as a theatre actor. That experience shaped his belief that characters are the heart of every story, and that believable digital characters would unlock the next era of storytelling. “We’re building the next generation of storytelling technology to empower content creators and enterprise marketers to tell narratives at scale on their own. Getting over the uncanny valley of compelling performance is the hardest frontier in video, and with our Character-3 foundation model, we’re devoted to crossing it,” said Michael Lingelbach, Founder and CEO of Hedra.

    At the heart of Hedra’s magic is Character-3, the first omnimodal foundation model that seamlessly blends text, image, and audio to create character performance videos. Whether you need a professional spokesperson explaining your product, an animated brand mascot, or even an animal-style character, the model works across any style and framing — from cinematic full-body shots to intimate close-ups. This breakthrough technology powers Hedra Studio, where users can transform simple ideas into compelling visual stories with just a few clicks.

    Video creation in motion with Hedra.

    Since launching in 2024, Hedra has seen explosive growth, attracting a wide range of users, from social media creators to enterprise teams looking to streamline video production – including Jon LaJoie and Reid Hoffman. As marketing teams face pressure to do more with less, and as consumers grow increasingly discerning in a tighter economic climate, the ability to produce content quickly — and with emotional impact — has become a competitive necessity. With Hedra, brands can speak to the moment, respond to cultural conversations in real time, and cut through the noise with high-quality videos that resonate.

    “This kind of creative agility is no longer just a nice-to-have — it’s essential for capturing attention in an increasingly crowded digital landscape,” added Michael Lingelbach. Unlike competitors focused solely on avatars or narrow use cases, Hedra delivers a unified solution that integrates story, sound, and video generation into one seamless workflow. Teams can create customizable digital characters with unique appearances, voices, and personalities and place them into dynamic scenes — empowering them to scale content production without sacrificing quality or originality.

    Team Hedra is bringing creative superpowers to enterprise marketers (and beyond) who need to produce character-driven video content at scale.

    “Hedra is building foundational technology for the next generation of media,” said Matt Bornstein, Partner at Andreessen Horowitz who had joined the Hedra board. “Character-3 is a breakthrough model that integrates text, video, and audio to create highly controllable, expressive characters. If you want to create AI-driven actors, it’s the best model in the market by far. And that capability unlocks use cases across the creator economy, enterprise marketing, entertainment, and more. We’re absolutely thrilled to back Michael and the Hedra team as they build the foundation model for generative characters.”

    As AI-powered storytelling continues to evolve, Hedra is investing heavily in pushing the next frontier of quality and controllable model quality — ensuring that its technology not only performs at the cutting edge, but solves real-world creative challenges. The team has grown to 20 employees, with plans to triple headcount by year’s end.

    Looking ahead, Hedra is poised to become the creative canvas for the next generation of media creators – from individuals to global brands. By combining cutting-edge AI models with intuitive creation tools, the company is democratizing video production and enabling a future where compelling visual narratives are limited only by imagination, not by budget or technical expertise. As the line between human and AI-generated content continues to blur, Hedra is ensuring that the art of storytelling remains vibrant, accessible, and deeply human at its core.

    Ends

    Media images can be found here

    About Hedra
    Hedra is at the forefront of combining artificial intelligence with creative video production making digital creation as accessible and engaging as it should be. Their platform is designed to democratize video creation, making it easier and faster for users to produce high-quality content with complex narratives and personalized characters. Hedra’s developments are set to transform how brands and individual creators engage with audiences, providing new avenues for storytelling in the digital age. More for information please visit https://www.hedra.com/ or follow via LinkedIn, X or TikTok

    The MIL Network

  • MIL-OSI: Wix Aims to Disrupt the Design Experience with Wixel, The Next-Generation AI-Powered Visual Design Platform for Anyone

    Source: GlobeNewswire (MIL-OSI)

    Wix is redefining creative empowerment with the launch of Wixel – a standalone AI-powered design platform that brings the most advanced visual design capabilities into a single intuitive interface

    NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1 today announced the launch of Wixel, a new standalone AI-powered visual design platform.  Built to democratize visual design, Wixel enables anyone to effortlessly bring their ideas to life, producing high-quality results with ease. The platform integrates cutting-edge artificial intelligence with an intuitive user interface and powerful features to offer a seamless visual design experience.

    A Media Snippet accompanying this announcement is available in this link.

    In an era of rapid technological change and rising user expectations, studio-quality design has become the new standard. With the overwhelming amount of available tools, the landscape is constantly shifting, and many business owners and creators often struggle with finding the right tools for specific use cases and producing professional results.

    Wix has long been at the forefront of making complex technologies accessible to all, empowering anyone to build professional-quality websites. That same vision now powers Wixel, an AI-driven design platform that brings high-end creative tools to anyone. Wixel is unique in that it handles the complexity behind the scenes, choosing the best models for each task to ensure optimal results. 

    For example, a jewelry designer can snap a photo of their product, upload it to Wixel, instantly remove or place their product in a completely different setting and context, fine-tune contrast and saturation, and place it into a professionally designed template – all within minutes. They can add text, customize the layout, and download the final image to use on social media or their online store. Alternatively, Wixel can generate high-quality images in several different styles, giving users the flexibility to match their brand seamlessly. This end-to-end workflow makes it easier than ever to create visual assets, with even more advanced features, like video and story creation on the horizon. 

    “AI is the foundation of Wixel,” said Avishai Abrahami, Co-Founder and CEO of Wix. “Design is in our DNA, and simplifying complex experiences is what we do best. We’re now determined to revolutionize design by democratizing access to powerful and creative tools for everyone, regardless of their design expertise. This version is just the beginning, and I am excited to explore the limitless creative possibilities that Wixel will unlock as we continue to innovate and refine our platform.”

    Among the advanced models powering Wixel is OpenAI’s new image generation model. Colin Jarvis, Head of Forward Deployed Engineering at OpenAI, said: “We’re always excited to see how our API can create new user experiences and Wix is making it easier than ever for people to create professional-looking visuals, fast. By integrating our image generation technology into Wixel, they’ve built a simple, powerful tool that helps anyone—from small business owners to creators—to bring their ideas to life with just a few clicks.

    Wixel is now available in English, providing free usage with an optional upgrade to a Pro Plan for enhanced usage and access to premium templates and design elements. Learn more about Wixel here.

    About Wix.com Ltd.
    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    Attachments

    The MIL Network

  • MIL-OSI: Nokia and Celesta Capital launch Astranu to advance healthcare imaging technology

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and Celesta Capital launch Astranu to advance healthcare imaging technology

    • Startup spin-out from Nokia Bell Labs will commercialize advanced healthcare imaging technology.
    • Venture is the first in a Nokia – Celesta collaboration aiming to create a pipeline of spin outs from Nokia Bell Labs technologies.
    • Astranu’s transformative technology delivers a highly performant, cost-effective imaging system for rapid and accurate 3D imaging of middle-ear conditions and hearing response.

    15 May 2025
    Murray Hill, New Jersey and San Mateo, California – Nokia and Celesta Capital today announced that Astranu, a company transforming hearing care through next-generation imaging technology, has officially spun out from Nokia as part of a collaboration to accelerate the commercialization of innovative technologies. This marks the inaugural venture launched through the collaboration between Nokia and Celesta Capital.

    Astranu leverages proprietary integrated Optical Coherence Tomography (iOCT) technology developed by Nokia Bell Labs and aims to dramatically transform ear diagnostic care through advanced, non-invasive, high-resolution 3D imaging. The iOCT technology brings high performance imaging into the world’s most cost-effective OCT system, providing instant, high-accuracy imaging of middle-ear conditions and hearing response. This has the potential to address critical healthcare gaps by helping to reduce incidences of misdiagnosis, unnecessary referrals, and significantly reducing the reliance on costly and invasive exploratory surgery and imaging techniques such as CT and MRI scans.

    Through the spin out, experienced healthcare technology executive Trevor Hawkins, PhD, joins Astranu as CEO, bringing decades of leadership in successfully scaling healthcare and diagnostic startups. iOCT co-inventors Michael Eggleston, PhD, and Bibek Samanta, PhD, who incubated and developed the technology to commercial readiness at Nokia Bell Labs, will help support Astranu in this next phase.

    Nokia Bell Labs, Nokia’s award-winning industrial research arm, will continue to support Astranu with vital laboratory resources and R&D expertise, reaffirming their commitment to fostering innovation with real world-impact.

    “Astranu reflects Nokia Bell Labs’ approach and commitment to nurturing groundbreaking innovations from early-stage research through commercialization. Astranu’s revolutionary imaging technology holds transformative promise for healthcare, and we’re proud to support their journey,” said Mike Chen, Vice President of Ventures at Nokia.

    Celesta Capital’s involvement brings strategic direction, commercialization support, and substantial industry networks vital for rapid market adoption of Astranu’s technology.

    “We are excited to partner with Nokia in spinning out Astranu, which represents the ideal convergence of innovative technology and high impact healthcare applications. Celesta’s experience in scaling deep technology ventures uniquely positions us to help Astranu navigate the complex dynamics of establishing and scaling a successful technology business,” said Sriram Viswanathan, Founding Managing Partner at Celesta Capital.

    Achin Bhowmik, PhD, Chief Technology Officer and Executive Vice President of Engineering for hearing technology company Starkey, will join the Company’s Board of Directors. “Astranu’s imaging technology offers the potential to deliver high-resolution insights at the point of care,” said Dr. Bhowmik. “I look forward to supporting the company’s journey and helping explore ways this technology can advance patient outcomes.”

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About Celesta Capital
    Celesta Capital is a global deep technology venture capital firm. Led by technology industry veterans with decades of investment and operational experience, Celesta Capital has a passion and proven track record for building and scaling global businesses. Founded in 2013, Celesta has a portfolio of more than 100 early-stage technology investments. Learn more at http://celesta.vc.

    Media contacts
    Nokia Press Office
    Email: Press.Services@nokia.com

    Celesta Capital
    Trevor DeWitt, Head of Marketing
    Email: trevor@celesta.vc

    Follow us on social media
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    Connect with Celesta
    LinkedIn X Newsletter TechSurge Podcast

    The MIL Network

  • MIL-OSI: TAB Bank Provides $3 Million Factoring Line of Credit for CNC Precision Machine

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, May 15, 2025 (GLOBE NEWSWIRE) — TAB Bank has structured a $3 million factoring line of credit for CNC Precision Machine Inc. to improve cash flow for inventory and working capital.

    CNC Precision Machine is a leading manufacturer of world-class hydraulic fittings serving the aerospace, transportation and machinery industries. The company, headquartered in Parkman, Ohio, was founded in 2002, and manufactures high-quality hydraulic fittings in its state of the art 100,000 square feet of flexible manufacturing space. The company’s in-house experts assist customers with complex design challenges, offering custom orders to meet specific project needs.

    “I’ve closed similar loans in the past, but my TAB Bank experience has been, by far, the best,” said Marc Karyo, CFO of CNC Precision Machine. “Natasha, our underwriter, was always available and kept the process rolling where others would have let it stall. Everyone on the TAB Bank team seemed to take a personal interest in our account and wanted to ensure that our transition went smoothly. Also, I love the small bank attention and service we’ve gotten from our Relationship Manager, LilyAnn. This is the banking team that we’ve been looking for!”

    TAB Bank offers tailored financial solutions to small and mid-sized businesses across various industries, including manufacturing, specializing in asset-based lending, equipment financing and working capital solutions. Leveraging the right financial tools to match a company’s objective solves financial challenges and unlocks access to working capital for operations and growth.

    “Our partnership with CNC Precision Machine is an example of how our pillar of hiring, developing and retaining ‘Extraordinary People’ builds value for our customers,” said Justin Hatch, Chief Lending Officer at TAB Bank. “We look forward to helping CNC Precision Machine use the right financial tools to grow its business to its 25th Anniversary and beyond.”

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to making financial success accessible to everyone through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-710-6318
    trevor.morris@tabbank.com

    The MIL Network

  • MIL-OSI: Altai Announces Senior Management Addition

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that the Company has added Yana Silina to the senior management team, in the role of Chief Financial Officer (the “CFO”). Ms. Silina is a Chartered Professional Accountant with over 15 years of experience in financial reporting, corporate governance, and regulatory compliance, primarily within the venture capital and resource sectors.

    Ms. Silina holds a Diploma in Management Studies from Thompson Rivers University and is currently a Senior Accountant at Da Costa Management Corp., where she provides financial consulting and outsourced CFO services to both public and private companies.

    Ms. Silina also serves as the CFO of StimCell Energetics Inc., Stuhini Exploration Ltd., Tocvan Ventures Corp, and Cascade Copper Corp. In addition, she is a Director of Kesselrun Resources Ltd.

    ABOUT ALTAI
    Altai Resources Inc. is a Toronto, Ontario based resource company with a producing oil property in Alberta, an exploration gold property in Quebec, and a Canadian investment portfolio comprised of cash, cash equivalents, and marketable securities. Additional information about Altai is available on SEDAR+ at www.sedarplus.ca and on Altai’s website at www.altairesources.com.

    For further information, please contact:
    Kursat Kacira, Chairman & CEO/President
    T: (647) 282-8324, E: kursatkacira@altairesources.ca

    Neither 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 release.

    The MIL Network

  • MIL-OSI: La Société de projet BVH1, s.e.n.c. Announces a $960 Million Financing for Des Neiges – Secteur sud Wind Project

    Source: GlobeNewswire (MIL-OSI)

    LA CÔTE-DE-BEAUPRÉ, Quebec, May 15, 2025 (GLOBE NEWSWIRE) — La Société de projet BVH1, s.e.n.c., consisting of affiliates of each of Boralex Inc, Énergir Développement Inc and Hydro-Québec, is proud to announce having put in place a $960 million financing for the 400 MW Des Neiges – Secteur sud wind power project, currently under construction on the private lands of Seigneurie de Beaupré.

    This project has the potential to be a major boost to Côte-de-Beaupré’s economic development and to contribute to Québec’s economic and climate resilience. It represents an investment of around $1 billion, and is projected to employ a total of around 500 people during the construction phase, in addition to creating some fifteen jobs during the operation and maintenance phases. Additionally, more than $80 million is expected to be distributed among the host communities, exclusively for the Secteur sud project.

    “I would like to salute the outstanding collaboration with our partners Énergir and Hydro-Québec in the realization of this vital project for Québec,” said Hugues Girardin, Executive Vice President and General Manager, North America, Boralex. “We’ve been fortunate enough to successfully develop and operate wind farms on the Seigneurie de Beaupré for nearly 15 years. It’s the strength of this partnership that will enable us to bring the Des Neiges – Secteur sud project to fruition, thereby contributing to the province’s energy independence and sustainable economic growth.”

    “The financing of the Des Neiges – Secteur sud wind power project is a testament to Energir’s commitment to diversifying our energy portfolio,” said Jean-François Jaimes, Executive Director of Renewable Energy & LNG Development, Énergir. “This project, driven by a collaboration between Quebec players, illustrates our shared desire to develop renewable energy solutions to meet the needs of our communities. We are proud to be part of it, and grateful to our partners, whose trust has enabled us to move forward.”

    “Hydro-Québec is pleased to announce alongside its partners this important milestone in the development of the Seigneurie de Beaupré wind farms,” said Mathieu Johnson, Senior Vice President, Wind Power, R&D and Energy Trading. “We are moving forward with our ambition to reach an additional 10,000 MW of wind power capacity by 2035, helping to secure a clean and prosperous energy future for Québec.”

    Financial Highlights

    The Des Neiges – Secteur sud project financing includes:

    • A $733 million construction loan, which will convert to a term loan following the start of deliveries of electricity, scheduled for the fourth quarter of 2026;
    • A $170 million bridge loan, allowing the financing of the refund to be received for the switchyard. This short-term facility will reduce the amount of equity capital allocated to the project in the short term and thus optimizing the overall capital structure required for the project.
    • A $57 million guarantees facility.

    The Desjardins Group serves as Administrative Agent for this financing.

    Next Steps

    The general contractor, Borea Construction, has been mobilized on site for preliminary work since December 2024. Borea will then collaborate with Québec companies and suppliers for the bulk of the site work, which is scheduled to begin more formally in the coming months.

    Once operational, the project’s 57 wind turbines are expected to generate 1.2 TWh per year, equivalent to the energy consumed annually by around 70,000 homes or 325,000 electric vehicles on Québec roads. The Des Neiges – Secteur sud wind project is the first of three potential 400 MW wind power projects on Seigneurie de Beaupré private lands.

    Caution Regarding Forward-Looking Statements
    Some of the statements contained in this press release, including, without limitation, those regarding the economic impact of the project and monetary contributions proposed to host communities, the employment opportunities to be created by the project, the start date of site work and electricity deliveries, and the amount of power to be delivered by the project, are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by Boralex, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events, or other changes.

    About La Société de projet BVH1, s.e.n.c.

    Société de projet BVH1, s.e.n.c. is a corporation created jointly by Boralex Inc. Énergir Développement Inc. and Hydro-Québec, through affiliated companies, for the development and operation of the Des Neiges – Secteur sud wind power project. The project will be located entirely on Seigneurie de Beaupré land, on the unorganized Lac-Jacques-Cartier territory in the La Côte-de-Beaupré RCM, and will have a total capacity of 400 MW.

    For more information

    The MIL Network

  • MIL-OSI: Redwood Services Announces 19th Partnership With New Jersey-Based Guaranteed Service

    Source: GlobeNewswire (MIL-OSI)

    MEMPHIS, Tenn., May 15, 2025 (GLOBE NEWSWIRE) — Redwood Services (“Redwood”), an established home services firm focused on investing in leading HVAC, plumbing, and electrical services companies in growing U.S. markets, announced that it has partnered with Guaranteed Service (“Guaranteed”). This partnership marks Redwood’s nineteenth platform investment, highlighting the company’s ongoing growth and commitment to expansion.

    Founded in May 2018 by Helmi Ben Flah, Guaranteed has quickly grown into one of New Jersey’s premier home service companies, specializing in plumbing, heating, cooling, and electrical work. Known for its outstanding customer care, the company has earned thousands of 5-star reviews and serves a customer base of tens of thousands of loyal homeowners. With a team of over 80 dedicated professionals, Guaranteed delivers exceptional service across New Jersey, driven by a culture of excellence, professionalism, and unwavering customer focus.

    “Guaranteed Service lives up to its name by delivering on its promise in every interaction — whether with customers or team members,” said Richard Lewis, CEO of Redwood Services. “Their commitment to excellence across New Jersey has earned them a deeply loyal customer base, and we’re eager to begin supporting their continued growth and success.”

    The Guaranteed Service team will continue to operate and manage the business under its banner and name, while Redwood will provide operational, strategic, and financial support to enhance the company’s growth. Helmi Ben Flah will retain a significant minority ownership stake as part of the investment.

    “At Guaranteed Service, we’re extremely committed to building a culture that prioritizes personal growth, celebrates team wins, and promotes mutual respect and accountability across the board,” said Ben Flah. “That strong internal foundation shines through in every customer interaction, driving the kind of experiences that lead to thousands of five-star reviews and lasting relationships. Partnering with Redwood will only strengthen our ability to grow, thrive as a business, and continue exceeding customer expectations.”

    About Redwood Services
    Founded in 2020 and headquartered in Memphis, Redwood Services is a nationwide people-focused platform dedicated to empowering elite contractors in the essential home services industry. Redwood provides world-class resources, coaching, and strategic partnerships to 19 leading companies across the United States, enabling its Partners to deliver exceptional HVAC, plumbing, and electrical services to residential customers. Redwood’s mission is to unleash the full potential of its Partners, supporting them in providing high-quality service and building lasting relationships with customers. For more information, visit www.redwoodservices.com.

    From left to right: Raj Midha, David Katz, Lisa White, Richard Lewis, Helmi Ben Flah, John Conway, Sandra Koblas, Lauren Pelkey

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc970928-9df8-4127-99f9-92753ec8539a

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  • MIL-OSI: Vocodia Secures Up to $3 Million to Advance Digital Asset Strategy

    Source: GlobeNewswire (MIL-OSI)

    BOCA RATON, Fla., May 15, 2025 (GLOBE NEWSWIRE) — Vocodia Holdings Corp. (OTC: VHAI), a provider of AI-powered customer engagement solutions, today announced it has secured up to $3 million in funding to support the company’s entry into the digital asset space.

    The capital will be used to acquire select digital assets, aligning with Vocodia’s long-term technology and investment strategy. The company’s proprietary Predictive AI tools, developed in collaboration with strategic partners, will guide asset selection and risk management to build a diversified portfolio.

    “This funding enhances our ability to strategically enter the digital asset space in a way that aligns with our core competencies in AI and data analysis,” said Brian Podolak, CEO of Vocodia. “We’re not just speculating—we’re applying real technology to make informed decisions and drive long-term value.”

    About Vocodia Holdings Corp.
    Vocodia is an AI software company that develops practical AI solutions, making them easily accessible for businesses through cloud-based platforms. These solutions are cost-effective and scalable to enterprise levels. Vocodia specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions. Their Digital Intelligent Sales Agents (DISAs) are designed to sound and feel human, performing tasks that require human-like conversation, thereby reducing labor costs and enhancing communication effectiveness. For more information, please visit: http://www.vocodia.com

    Forward-Looking Statements
    This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s Registration Statement on Form S-1 related to the public offering (SEC File No. File No. 333-269489) and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, our actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date and undertake no duty to update such information except as required under applicable law.

    Investor Relations Contact: 
    ir@vocodia.com

    The MIL Network

  • MIL-OSI: Tenable Powers AI-Driven Exposure Management with Third-Party Data Connectors and Unified Dashboards

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., May 15, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced powerful new enhancements to its flagship platform, Tenable One, with the introduction of Tenable One Connectors and customizable risk dashboards. These advancements — powered by Tenable ExposureAI™ and built on the Tenable Data Fabric — make Tenable One the most advanced exposure management solution available today. With third-party data connectors, organizations unlock a contextualized view of all their security risk data in one place, regardless of the security products they use.

    In today’s fragmented security landscape, large organizations juggle an average of 83 disconnected tools1, leading to siloed operations and critical blind spots. The result is scattered data and operational inefficiencies across the attack surface. Tenable One addresses this complexity by consolidating exposure insights from both native and third-party tools into a unified, contextual view, transforming fragmented data into business-aligned intelligence.

    Tenable One now features a vast and rapidly expanding ecosystem of out-of-the-box Connectors, enabling seamless integration with widely used third-party tools for endpoint detection and response (EDR), cloud security, vulnerability management, operational technology security, ticketing systems and more. With new Connectors launching throughout Q2 2025 and beyond, Tenable unifies security data across the enterprise, delivering a comprehensive and actionable view of organizational risk.

    At the core of the platform is the Tenable Exposure Data Fabric, a scalable, cloud-native architecture that ingests, normalizes, and connects data across the security ecosystem. This foundation feeds Tenable ExposureAI, the platform’s machine learning engine that surfaces toxic risk combinations and hidden attack paths, and prioritizes actions based on potential business impact.

    New unified risk dashboards further elevate the platform’s impact. Designed to eliminate time-consuming manual reporting, these dashboards offer fully customizable views that align to specific business roles and priorities. With flexible report configurations and powerful visualization options, security teams can deliver insights and communicate risks faster and with greater business impact.

    “The cybersecurity market is saturated with point solutions that operate in isolation, slowing security efforts and leaving organizations vulnerable,” said Steve Vintz, co-chief executive officer and chief financial officer, Tenable. “The power of Tenable One enables organizations to view risks across security tools in context and focus remediation efforts on the exposures that matter most.”

    These innovations mark a major milestone following Tenable’s acquisition of Vulcan Cyber and reinforce Tenable’s commitment to lead the exposure management market with unmatched breadth, intelligence and operational scale.

    Additional Information:

    1 IBM report, “Capturing the cybersecurity dividend”, January 2025

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact are forward-looking statements and represent our views as of the date of this press release. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond our control that could affect our financial results. These risks and uncertainties are detailed in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2024 as well as other filings that we make from time to time with the SEC, which are available on the SEC’s website at sec.gov. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, we are under no obligation to update these forward-looking statements subsequent to the date of this press release, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

    The MIL Network

  • MIL-OSI: Aptean Apparel Shop Floor Control Wins Best New Concept at the 2025 Texprocess Innovation Awards

    Source: GlobeNewswire (MIL-OSI)

    ALPHARETTA, Ga., May 15, 2025 (GLOBE NEWSWIRE) — Aptean’s Apparel Shop Floor Control has been awarded Best New Concept at the 2025 Texprocess Innovation Awards. This real-time production management solution provides apparel manufacturers with instant access to critical data and insights, enhancing efficiency, visibility and increasing workforce productivity. The recognition reinforces Aptean’s commitment to delivering enterprise solutions that drive smarter decision making for manufacturers.

    To further support apparel manufacturers in navigating today’s challenges, Aptean has introduced AI-powered tools that streamline troubleshooting, making the process faster and more intuitive for customers.

    The Texprocess award spotlights Aptean Shop Floor Control, alongside Aptean’s ERP and PLM solutions, and its revolutionary, new AI-driven platform, AppCentral. Custom-built to streamline operations and integrate Aptean tools seamlessly, AppCentral is designed to support the apparel industry stay ahead in an increasingly dynamic market.

    “Aptean is honored to receive the Best New Concept award,” said TVN Reddy, CEO of Aptean. “Aptean Shop Floor Control empowers manufacturers to take control of their operations with the right solutions to optimize performance, reduce costs and improve efficiency – all in real time. As an AI-first company, we believe AI generates the most value when integrated across a comprehensive suite of solutions tailored to the industry’s needs. Aptean’s offerings span ERP, Product Lifecycle Management, (PLM), Electronic Data Interchange (EDI) and Shop Floor Control, ensuring an end-to-end approach that goes beyond what traditional ERPs provide. Now with AppCentral at the core of our AI strategy, we are committed to delivering exponentially greater value for our apparel customers.”

    Texprocess Americas 2025 is the premier event of the year for the apparel industry and showcases the entire global textile value chain, from high-tech textiles and smart art fabrics, to processing technologies like design, cutting, sewing and logistics. The 2025 Texprocess Innovations Awards honor exceptional performance in the fields of new materials products and technologies as well as applications and concepts. The awards have been designed to make innovative developments visible, promote unconventional thinking and intensify dialogue between researchers, manufacturers and users. A key criterion is that an innovation must have been discovered or invented, developed, introduced and institutionalized.

    Taking the Next Step with Aptean
    Companies seeking to accelerate their operations with tailored AI-driven intelligence can connect with an Aptean specialist for a discussion on how this purpose-built ERP solution can transform their apparel business. Personalized demos are available and Aptean provides regular webinars to view the technology in action.

    Act now and move into the future of Apparel with tailored intelligence.

    About Aptean: Aptean is one of the world’s leading providers of purpose-built, industry-specific software that helps manufacturers and distributors effectively run and grow their businesses. With both cloud and on-premises deployment options, Aptean’s products, services and unmatched expertise help businesses of all sizes to be Ready for What’s Next, Now®. Aptean is headquartered in Alpharetta, Georgia, USA, and has offices in North America, Europe, and Asia-Pacific.
    To learn more about Aptean and the markets we serve, visit www.aptean.com.
    Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

    For Media Inquiries Please Contact
    MediaRelations@Aptean.com

    The MIL Network

  • MIL-OSI: Micropolis to Present at the Aegis Capital Corp. 2025 Virtual Conference on May 20th

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 15, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that its management team is scheduled to present at the Aegis Capital Corp. 2025 Virtual Conference on May 20, 2025.

    Presentation Details:
    Date: May 20, 2025
    Time: 12:30 p.m. ET
    Webcast: Register Here

    For more information, please contact your Aegis Capital representative or email KCSA Strategic Communications at Micropolis@kcsa.com.

    About Micropolis Holding Co.
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

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  • MIL-OSI: Broadcom Announces Third-Generation Co-Packaged Optics (CPO) Technology with 200G/lane Capability

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., May 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced significant advancements in its co-packaged optics (CPO) technology with the launch of its third-generation 200G per lane (200G/lane) CPO product line. In addition to the 200G/lane breakthrough, Broadcom demonstrated the maturity of its second-generation 100G/lane CPO products and ecosystem, highlighting key improvements in OSAT processes, thermal designs, handling procedures, fiber routing, and overall yield. A growing list of publicly-announced industry partners further underscores Broadcom’s CPO platform readiness, enabling AI scale-out and scale-up applications for large AI deployments.

    Broadcom’s Legacy in CPO

    Broadcom’s leadership in CPO began in 2021 with its first-generation Tomahawk 4-Humboldt chipset, enabling an early learning cycle across the entire CPO supply chain, well ahead of the industry. This pioneering chipset introduced key innovations, including high-density integrated optical engines, edge coupling, and detachable fiber connectors.

    Building on that success, the second-generation Tomahawk 5-Bailly (TH5-Bailly) chipset became the industry’s first volume-production CPO solution. As part of the TH5-Bailly production, Broadcom focused on automated testing and scalable manufacturing processes, setting the stage for high-volume production of future generations. The deployment of Broadcom’s 100G/lane CPO product line has enabled the company to gain unmatched expertise in CPO system design, seamlessly integrating optical and electrical components to maximize the performance while delivering the lowest power optical interconnects in the industry.

    Today, with the announcement of the third-generation 200G/lane CPO product line, alongside commitment to developing a fourth-generation 400G/lane solution, Broadcom continues to lead the industry in delivering the lowest power and highest bandwidth density optical interconnects.

    A Rapidly Developing CPO Ecosystem

    Broadcom’s leadership in CPO is driven not only by its cutting-edge switch ASICs and optical engine technology but also by a comprehensive ecosystem of passive optical components, interconnects, and system solutions partners. Through its 100G/lane CPO product line, Broadcom has proven its ability to scale its technology, meeting the growing demands of inference-based AI and supporting the next wave of AI-driven applications.

    “Broadcom has spent years perfecting our CPO platform solutions, as evidenced by the maturity of our second generation 100G/lane products and the ecosystem readiness,” said Near Margalit, Ph. D., vice president and general manager of the Optical Systems Division, Broadcom. “With our third-generation 200G/lane CPO solutions, we are once again setting the bar for the next-generation of AI interconnects. Our commitment to delivering the industry-leading performance, power efficiency, and scalability will help our customers meet the demands of today’s rapidly evolving AI infrastructure.”

    Key Partner Milestones Towards Mass Deployment

    Broadcom’s advancements in CPO technology are supported by the growing number of key publicly announced partnerships across the ecosystem, as several major collaborators announced significant milestones this week:

    • Corning Incorporated announced collaboration with Broadcom on advanced fiber and connector technology including shipments of components on the TH5-Bailly platform.
    • Delta Electronics announced production for the TH5-Bailly 51.2T CPO Ethernet switch in a compact 3RU form factor, available in both air-cooled and liquid-cooled configurations.
    • Foxconn Interconnect Technology revealed the production release of CPO LGA sockets and Pluggable Laser Source (PLS) cages and connectors, critical components for ensuring reliable, high-performance system integration.
    • Micas Networks announced production of the TH5-Bailly network switch system that delivers more than 30% system level power savings compared to systems with traditional pluggable modules.
    • Twinstar Technologies celebrated milestone volume shipments of high-density CPO fiber cables, further enabling the scaling of optical interconnects in next-gen data center infrastructures.

    These partner milestones demonstrate the continued progress in building a complete, fully integrated CPO ecosystem that enables the next generation of AI networking solutions.

    Gen 3 CPO: Unlocking 200G/lane CPO Systems

    Broadcom’s 200G/lane CPO technology is designed for next-generation, high-radix scale-up and scale-out networks, which will demand parity with copper interconnect reliability and power efficiency. This capability is crucial for enabling scale-up domains exceeding 512 nodes, while also addressing the bandwidth, power, and latency challenges associated with the increasing size of next-generation foundation model parameters.

    Broadcom’s Gen 3 solutions are engineered to address scale-up interconnects, where issues such as link flaps and operational disruptions can significantly affect the industry’s ability to achieve the lowest cost per token. Broadcom’s Gen 3 and 4 roadmap includes close collaboration with ecosystem partners to optimize the integration of CPO solutions, ensuring they meet the demanding requirements of hyperscale data centers and AI workloads. Additionally, Broadcom remains committed to open standards and system-level optimization, which are essential to the continued success and evolution of our CPO technology.

    For more information on Broadcom’s CPO technology and latest advancements, please click here: www.broadcom.com/cpo

    Supporting Quotes

    “Corning has been collaborating with Broadcom for several years to ensure that their CPO connectivity needs can be met with a high degree of performance and reliability as AI-enabled datacenters continue to scale,” said Mike O’Day, Senior Vice President and General Manager, Corning Optical Communications. “We’re delivering an optical connectivity solution that enables unprecedented levels of optical speeds and bandwidth concentrations with lower power consumptions and costs. Corning looks forward to continued collaboration with Broadcom on their Bailly deployments as well as innovating towards next generation 200G per lane CPO systems.”

    “We are excited to bring this state-of-the-art CPO switch to market, empowering data centers to achieve even greater efficiency and performance,” said Wangson Wang, General Manager of Data Networks Infrastructure BU at Delta. “Our goal is to support the next generation of networking infrastructure with innovative solutions that deliver unparalleled speed, reduced energy consumption, and scalable growth for AI networks.

    “We’re deepening our partnership with Broadcom to drive innovation in 200G co-packaged optics,” said Joseph Wang, Chief Technology Officer at Foxconn Interconnect Technology. “Our joint efforts are aimed at delivering AI infrastructure that’s ready for scale—built on high-performance, energy-efficient interconnects designed for tomorrow’s data demands.”

    “At Micas Networks, we’re excited to see Broadcom pushing the boundaries of networking technology with their next-generation 200G per lane CPO solutions. Our collaboration with Broadcom has been instrumental in launching the industry’s first volume production, 100G per lane, CPO system delivering ultra low-power optical interconnects into AI fabrics,” said Joey Gou, CEO of Micas Networks. “Now, with a 200G per lane version, we’re pushing even further into ultra-fast, power-efficient networking that will enable a range of next-gen applications. We look forward to continuing our partnership with Broadcom to support the evolving demands of the data-driven world.”

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting Everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Khanh Lam
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 408 433 8649

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  • MIL-OSI: Guaranteed Rate Affinity’s David Goldberg Launches The Goldberg Group to Better Serve St. Louis Area Clients

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 15, 2025 (GLOBE NEWSWIRE) — Guaranteed Rate Affinity (GRA), a leading mortgage provider offering unparalleled lending services, today announced the launch of The Goldberg Group, a new team led by long-time GRA loan officer David Goldberg, aimed at expanding services and improving support for homebuyers across St. Louis.

    Goldberg, a 12-year industry veteran who has been with Guaranteed Rate Affinity for the past four years, is forming this new team to bring greater resources, sharper purchase expertise, and deeper community engagement to a market challenged by low inventory and growing buyer demand.

    “The creation of the Goldberg Group allows me to dedicate additional time to leveraging my expertise in complex situations, helping borrowers secure contracts, and performing advanced loan analysis,” said Goldberg. “It’s also an opportunity to invest in the next generation of loan officers while creating a stronger brand and better client engagement through education and social media.”

    The Goldberg Group will focus on service, transparency, and smart growth—with an emphasis on agent collaboration and local expertise.

    “David Goldberg has always been a strong leader in his market,” said Scott Throneberry, EVP of National Sales at Guaranteed Rate Affinity. “We’re excited to see how the elevated support of this new team will help drive growth across St. Louis and raise the bar for client service.”

    About Guaranteed Rate Affinity

    Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Anywhere Integrated Services (NYSE: HOUS), which owns some of the industry’s most recognized and respected real estate brands. The innovative JV has funded over $100 billion in loans since its inception. Guaranteed Rate Affinity originates and markets its mortgage lending services to Anywhere’s real estate, brokerage, and relocation subsidiaries.

    Guaranteed Rate Affinity provides unmatched support to Anywhere brokers coast-to-coast, ensuring their customers receive fast pre-approvals, appraisals, and loan closings, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The company also provides the same services to the public and other real estate brokerage and relocation companies across the country—helping employers improve their employees’ relocation experience by prioritizing customer service, digital mortgage ease, and competitive rates.

    Guaranteed Rate owns a controlling 50.1% stake in Guaranteed Rate Affinity, and Anywhere owns 49.9%. Visit grarate.com for more information.

    Media Contact:
    press@rate.com

    The MIL Network

  • MIL-OSI: Drone as a Service Market Well Poised for Sustained Growth in Commercial, Industrial and Civic Usage

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 15, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts are expecting the Drone Service market to flourish. One such report from FACT.MR projected that the drone services market is valued at USD 8.66 billion in 2025 and the industry will grow at a CAGR of 14.3% and reach USD 32.96 billion by 2035. The report said: “In 2024, the drone services industry recorded dynamic shifts fueled by regulatory clarity, commercial adoption, and end-user digitization efforts. Fact.MR analysis found that demand surged notably in the precision agriculture segment, particularly across North America and Western Europe, as growers adopted drone-based imaging and multispectral analysis to improve field-level decision-making. In the mining as well as construction sectors, companies increased use of aerial mapping, which provided real-time volumetric analysis as well as site safety compliance. At the same time, drone-enabled monitoring made substantial progress in city policing and border security, with large pilot schemes initiated in the Middle East and South Asia. Commercial media organizations, event producers, and property agents also ramped up drone-based photography as well as filming in anticipation of increasing visual content needs. These trends reinforced a larger move away from use-case limitations toward operational adoption across industries.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Vertical Aerospace (NYSE: EVTL), Unusual Machines, Inc. (NYSE American: UMAC), NVIDIA Corporation (NASDAQ: NVDA), Archer Aviation Inc. (NYSE: ACHR).

    FACT.MR continued: “As the sector moves into 2025, the environment is on the cusp of increased scalability. Business drone fleets are moving from pilot to standard operations, particularly in logistics and asset inspection. Fact.MR indicates that increasing adoption of AI-driven navigation, enhanced battery density, and BVLOS (Beyond Visual Line of Sight) capabilities will drastically enhance service accuracy and cost-effectiveness. Valued at USD 8.66 billion in 2025 and expected to reach USD 32.96 billion by 2035 at a CAGR of 14.3%, the industry is well placed for sustained growth in industrial and civic usage. To stay ahead, companies must immediately pivot toward building integrated drone service platforms that combine AI-enabled flight autonomy, sector-specific analytics, and BVLOS capabilities. This intelligence highlights a shift from isolated deployments to enterprisescale drone ecosystems, requiring the client to reprioritize R&D toward modular, scalable solutions for logistics, agriculture, and infrastructure sectors.”

    ZenaTech (NASDAQ:ZENA) Reports Nearly Double Revenue Year-Over-Year for the First Quarter of 2025 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the first quarter 2025.

    First Quarter 2025 Highlights:

    • Total revenues for the first quarter of 2025 were $1.13 million, up 92% compared to $591,379 for the first quarter of 2024 primarily due to acquisitions and organic growth.
    • ZenaTech’s new Drone as a Service or DaaS segment grew from completing two acquisitions of land survey drone servicing companies ─ Oregon-based Weddle Surveying and Florida-based KJM Land Surveying. The Company also signed five LOIs (Letter of Intent) for additional acquisitions during the quarter.
    • The company acquired Othership, a UK workplace management software company supporting its enterprise SaaS software segment, where it plans to leverage workplace AI and quantum computing productivity solutions targeting business and government customers.
    • The company made investments in longer term growth and in new segment development that caused general and administrative expenses to increase to $5.75 million in Q1 2025 versus about $0.7 million in Q1 of 2024. This primarily consisted of sales and marketing activities, new hires, professional services, and finance expenses.
    • ZenaTech made investments in its subsidiary ZenaDrone’s UAE manufacturing capabilities during the quarter, including hiring 35 new engineers and technicians. Also announced was the opening of a drone testing facility in Turkey for beyond-the-line-of-sight drone testing.
    • Drone product highlights in Q1 include finalizing the third-generation design and “production model” of the ZenaDrone 1000 drone that will enable the start of scaling up of production. The company also announced the IQ Square drone has moved from prototype to manufacturing stage.
    • The commence of work on a heavy-lift gas-powered ZD 1000 model for longer fight times for US defense applications took place during the quarter. Testing also commenced on a new high-density drone battery and a proprietary communications system for this drone.
    • The company reported that ZenaDrone is preparing for Green UAS followed by Blue UAS certification required to sell to the US Military. Additionally, it is reviewing and putting in place cybersecurity practices, documentation, and internal controls necessary to apply for this certification.
    • ZenaTech further expanded its Taiwan drone component manufacturer─ Spider Vision Sensors, adding additional engineering and business development staff. It also announced the first Blue UAS-certifiable drone sensors are under development.

    “The first quarter of 2025 was a very strong and encouraging start to the year as revenue nearly doubled, up 92% primarily due to acquisitions and organic growth across both our software and drone segments,” said CEO Shaun Passley, Ph.D. “During the first quarter we launched our Drone as a Service or DaaS business segment with a vision to have a national footprint in the US and globally.”

    “Although expenses increased during the first quarter, these are investments intended to grow the company over the long-term, namely in marketing, manufacturing, product development and testing capacity, which we believe will yield future rewards.

    “We believe that this quarter’s performance demonstrates that our strategy to disrupt legacy businesses like land surveys via a DaaS business model is on track. Our momentum is strong, and we are well positioned to expand our range of drone services with a pipeline of over 20 acquisitions over the next 12 months,” concluded Dr. Passley. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) Expands Drone-as-a-Service (DaaS) Exterior Building Power Washing to Dubai Tapping into a Global Drone Cleaning Services Market Growing to USD 13 Billion by 2030 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announced it is expanding its United Arab Emirates (UAE) presence by establishing a new office to sell Drone-as-a-Service (DaaS) offerings based in Dubai. Initially this office will focus on delivering drone-powered cleaning services for building exteriors using the IQ Square drone tethered to a water pipe and electrical cord. The company is currently obtaining a permit from the Dubai Civil Aviation Authority to begin power wash testing and operations. Supporting this expansion, ZenaTech will hire two business development managers and up to four additional drone pilots, with drones supplied from its subsidiary ZenaDrone which has a manufacturing hub in nearby Sharjah.

    The global drone power washing market falls under a broader drone cleaning services market category that was valued at approximately USD 4.36 billion in 2023 and is projected to reach USD 13.2 billion by 2030, growing at a compound annual growth rate (CAGR) of almost 17% according to market analyst Valuates Reports , fueled by increasing demand for safe, efficient and cost-effective maintenance solutions.

    “With rising demand for tech-enabled and efficient maintenance solutions, whether for power washing buildings, renewable energy assets, or public spaces, we believe AI-powered drones will bring new safety standards, cost-efficiency, and greater environmental sustainability to maintenance tasks. UAE’s openness to innovative technology makes it an ideal launchpad for these DaaS solutions that we hope to expand to all seven emirates in addition to the US and Europe,” said CEO Shaun Passley, Ph.D.   Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    Vertical Aerospace (NYSE: EVTL), a global aerospace and technology company that is pioneering electric aviation, recently provided an operating update and released financial results for the first quarter ended March 31, 2025. The first quarter 2025 results filing is accessible on the Company’s investor relations website.

    Stuart Simpson, CEO at Vertical, said: “2025 is on pace to be a transformational year for Vertical as we advance our piloted flight test programme and move into the final flight test phases. With the announcement of our hybrid-electric programme – opening up new high-value markets – and the expansion of our partnership with Honeywell to certify critical flight systems, we are deepening our technical and commercial edge. With growing regulatory confidence in the VX4 and a strong team behind us, we’re well positioned to deliver a scalable, certifiable aircraft to the global market.”

    Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a leading U.S. manufacturer of drone components, recently announced it will exhibit at AUVSI XPONENTIAL 2025, the premier event for autonomy and uncrewed systems, taking place May 20-22, 2025, at the George R. Brown Convention Center in Houston, Texas.

    Unusual Machines will host a booth on the expo floor, where the Company will feature its new U.S.-made FPV motors and its growing portfolio of Blue UAS Framework-approved drone components. These offerings underscore Unusual Machines’ commitment to delivering high-performance, NDAA-compliant drone technology for defense, commercial, and public safety applications.

    Attendees are invited to visit the booth for product demonstrations and to meet with representatives from Unusual Machines. The Company will be actively engaging with integrators, OEMs, and procurement professionals throughout the event and will be ready to take orders on-site.

    Vision software company Foresight Autonomous Holdings has integrated NVIDIA Corporation (NASDAQ: NVDA) Jetson Orin generative AI computing modules into its 3D-perception system.

    Foresight is using Nvidia’s Jetson Orin Nano and Jetson AGX Orin modules to improve the capabilities of its perception systems deployed in various use cases, with a major focus on autonomous drones and unmanned aerial vehicles.

    The Jetson modules, which are used in generative AI, computer vision and advanced robotics, upgrade Foresight’s vision system with the computing power needed for autonomous drones and UAVs, according to Foresight.

    Archer Aviation Inc. (NYSE: ACHR) recently announced operating and financial results for the first quarter ended March 31, 2025. The Company issued a shareholder letter discussing those results, as well as its second quarter 2025 estimates.

    Commenting on first quarter 2025 results, Adam Goldstein, Archer’s founder and CEO, said: “Archer’s pushing the boundaries of what’s possible and reshaping the future of aviation for years to come. This quarter, the team made strong progress across our civil and defense efforts as we continue to deepen our strategic partner relationships and prepare for commercialization in the UAE later this year.”

    About FN Media Group:

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

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    SOURCE: FN Media Group

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