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Category: GlobeNewswire

  • MIL-OSI: Bitget Wallet Launches In-App Crypto Shopping Across 300+ Global Brands

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 14, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched “Shop with Crypto,” a new in-app marketplace enabling users to spend cryptocurrencies directly on goods and services. The service removes the need for fiat conversion, offering a streamlined crypto-native checkout experience from within the wallet.

    The in-app shop grants access to more than 300 global brands, spanning digital wallet top-ups, mobile recharges, e-commerce gift cards, gaming, entertainment and travel. Users can make purchases directly using crypto through global merchants such as Amazon, Walmart, Google Play, Steam, Shopee, Tmall, and JD.com and more—with no need to off-ramp to fiat. The integration significantly broadens crypto’s practical utility and underscores Bitget Wallet’s commitment to real-world adoption.

    “Bitget Wallet is the only self-custodial wallet offering maximum spending flexibility—users will be able to scan QR codes, tap cards, or shop in-app across hundreds of brands,” said Alvin Kan, COO of Bitget Wallet. “We’ve built a simple, seamless, and secure experience that bridges digital assets with everyday spending.” Kan added that the company plans to extend Shop with Crypto to include lifestyle subscriptions, additional travel options, and an expanded roster of merchant integrations.

    To access the service, users navigate to the “Shop with Crypto” section in the Discovery tab of the app. Purchases can be completed directly with the Bitget Wallet balance, and redemption instructions are sent via email immediately after checkout. The entire process is designed to offer a user experience comparable to mainstream e-commerce, but crypto-native at its core.

    A central offering of the new marketplace is its gaming feature, launched in partnership with DotMart. Users can purchase in-game credits for titles such as PUBG Mobile, Free Fire MAX, and Mobile Legends at prices up to 30% lower than buying directly in-game. Transactions are completed via the DotMall app within Shop with Crypto, with codes redeemable instantly.

    For more information, please visit Bitget Wallet blog.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and payment solutions. Supporting 130+ blockchains and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/158f36b1-b391-46e3-a2c2-a37d2b932aea

    The MIL Network –

  • MIL-OSI: Olga Haygood Named S44 Energy CEO to Lead OaaS EV Charging

    Source: GlobeNewswire (MIL-OSI)

    MONTVALE, N.J., May 14, 2025 (GLOBE NEWSWIRE) — S44, a technology leader specializing in transformative software solutions for the automotive and energy sectors, today announced Olga Haygood as CEO of S44 Energy. Haygood, who has been leading S44 Energy’s strategic initiatives and product innovation, brings more than two decades of leadership experience to the role. As CEO, she will continue to drive S44 Energy’s mission to break software barriers and scale charging infrastructure, advancing a more sustainable, accessible future.

    Over the past five years, Haygood has played a critical role in S44’s evolution, helping transform the company into a global leader in EV and mobility software. As Chief Growth Marketing Officer, she spearheaded the development of CitrineOS, the open-source charge station management system (CSMS), now part of Linux Foundation Energy. Her leadership extended across marketing, sales, brand and business development, helping shape S44’s overall strategy and guiding its expansion into international markets.

    In 2024, Haygood grew S44 Energy with professional services for EV charging software while developing a new product in stealth. As CEO, she will launch the company’s new Open-as-a-Service (OaaS) platform, revolutionizing how EV charging networks are deployed and operated. This new product will provide unparalleled flexibility, transparency and scalability for operators worldwide.

    “The industry doesn’t need another software company. It needs a catalyst. A way to unlock EV infrastructure at scale,” said Haygood. “As the leader of S44 Energy, I look forward to helping CPOs deploy charging networks that are reliable, flexible and future-proof.

    Before joining S44, Haygood held leadership roles at global agencies including J. Walter Thompson and Wunderman, where she worked with Fortune 500 clients such as Northrop Grumman, GE Digital and Walmart. Her background spans public policy, marketing, branding and culture transformation, with a consistent focus on building high-performing, mission-aligned teams.

    To learn more about S44 Energy, visit the company website and follow it on LinkedIn for updates about its OaaS EV charging software.

    About S44
    S44 is a technology group comprising two specialized companies: S44 Energy and S44 Automotive. S44 Energy is a software company dedicated to advancing e-mobility through scalable, open EV charging solutions for charge point operators, fleets and infrastructure providers. With a commitment to open standards, innovation and sustainability, S44 Energy empowers the transition to electric mobility. S44 Automotive, a SaaS provider to automotive retailers and OEMs, offers solutions for personalization, predictive analytics, and product configurators — enhancing customer experiences and improving sales efficiency.

    Headquartered in the U.S. and Germany, S44 Holdings leverages the strengths of its two companies to drive innovation and transformation across the mobility ecosystem.

    Media Contact
    Liesse Jayalath
    Look Left Marketing
    s44@lookleftmarketing.com

    The MIL Network –

  • MIL-OSI: First Busey Corporation Prices Depositary Share Offering

    Source: GlobeNewswire (MIL-OSI)

    LEAWOOD, Kan., May 14, 2025 (GLOBE NEWSWIRE) — First Busey Corporation (“Busey”) (Nasdaq: BUSE), the holding company for Busey Bank and CrossFirst Bank, announced the pricing of an underwritten public offering of 8,000,000 depositary shares, each representing a 1/40th ownership interest in a share of its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock (the “Series B preferred stock”), with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share).

    When, as, and if declared by the board of directors of Busey, dividends will be payable on the Series B preferred stock from the date of issuance at a rate of 8.25% per annum, payable quarterly in arrears, on March 1, June 1, September 1 and December 1 of each year, beginning on September 1, 2025. Busey may redeem the Series B preferred stock at its option at a redemption price equal to $25.00 per depositary share, as described in the prospectus supplement and accompanying prospectus relating to the offering.

    Net proceeds from the offering are expected to be used to redeem Busey’s 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030, and for general corporate purposes including to support balance sheet growth of Busey Bank.

    Busey intends to apply to list the depositary shares on the Nasdaq Global Select Market under the symbol “BUSEP.”

    Piper Sandler & Co., Morgan Stanley & Co. LLC and Keefe, Bruyette & Woods, Inc. are serving as joint bookrunning managers for the offering, and Janney Montgomery Scott LLC is acting as the co-manager.

    The Company expects to close the offering, subject to customary conditions, on or about May 20, 2025.

    The Company filed a “shelf” registration statement (File No. 333-274620) (including a base prospectus (the “Base Prospectus”)) on September 21, 2023 and the related preliminary prospectus supplement on May 13, 2025 (the “Preliminary Prospectus Supplement”) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, Busey, any underwriter or any dealer participating in the offering will arrange to send you the Base Prospectus and the Preliminary Prospectus Supplement if you request it by emailing Piper Sandler & Co. at fsg-dcm@psc.com or calling Morgan Stanley & Co. LLC toll-free at 1-866-718-1649 or Keefe, Bruyette & Woods, A Stifel Company at 1-800-966-1559.

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

    Corporate Profile
    As of March 31, 2025, First Busey Corporation (Nasdaq: BUSE) was a $19.46 billion financial holding company headquartered in Leawood, Kansas.

    Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation headquartered in Champaign, Illinois, had total assets of $11.98 billion as of March 31, 2025. Busey Bank currently has 62 banking centers, with 21 in Central Illinois markets, 17 in suburban Chicago markets, 20 in the St. Louis Metropolitan Statistical Area, three in Southwest Florida, and one in Indianapolis. More information about Busey Bank can be found at busey.com.

    CrossFirst Bank, a wholly-owned bank subsidiary of First Busey Corporation headquartered in Leawood, Kansas, had total assets of $7.45 billion as of March 31, 2025. CrossFirst Bank currently has 16 banking centers located across Arizona, Colorado, Kansas, Missouri, New Mexico, Oklahoma, and Texas. More information about CrossFirst Bank can be found at crossfirstbank.com. It is anticipated that CrossFirst Bank will be merged with and into Busey Bank on June 20, 2025.

    Through Busey’s Wealth Management division, the Company provides a full range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services to individuals, businesses, and foundations. Assets under care totaled $13.68 billion as of March 31, 2025. More information about Busey’s Wealth Management services can be found at busey.com/wealth-management.

    Busey Bank’s wholly-owned subsidiary, FirsTech, specializes in the evolving financial technology needs of small and medium-sized businesses, highly regulated enterprise industries, and financial institutions. FirsTech provides comprehensive and innovative payment technology solutions, including online, mobile, and voice-recognition bill payments; money and data movement; merchant services; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments at retail agents. Additionally, FirsTech simplifies client workflows through integrations enabling support with billing, reconciliation, bill reminders, and treasury services. More information about FirsTech can be found at firstechpayments.com.

    For the fourth consecutive year, Busey was named among 2025’s America’s Best Banks by Forbes. Ranked 88th overall, Busey was one of seven banks headquartered in Illinois included on this year’s list. Busey was also named among the 2024 Best Banks to Work For by American Banker, the 2024 Best Places to Work in Money Management by Pensions and Investments, the 2024 Best Places to Work in Illinois by Daily Herald Business Ledger, the 2025 Best Places to Work in Indiana by the Indiana Chamber of Commerce, and the 2024 Best Companies to Work For in Florida by Florida Trend magazine. We are honored to be consistently recognized globally, nationally and locally for our engaged culture of integrity and commitment to community development.

    First Busey Corporation Contacts
    For Financials:  For Media:
    Scott Phillips, Interim CFO Amy L. Randolph, EVP & COO
    First Busey Corporation  First Busey Corporation
    (239) 689-7167 (217) 365-4049
    scott.phillips@busey.com amy.randolph@busey.com
       

    Forward-Looking Statements
    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to Busey’s financial condition, results of operations, plans, objectives, future performance, and business. Forward-looking statements, which may be based upon beliefs, expectations, and assumptions of Busey’s management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should,” “position,” or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and Busey undertakes no obligation to update any statement in light of new information or future events.

    A number of factors, many of which are beyond Busey’s ability to control or predict, could cause actual results to differ materially from those in any forward-looking statements. These factors include, among others, the following: (1) the strength of the local, state, national, and international economies and financial markets (including effects of inflationary pressures, the threat or implementation of tariffs, trade wars, and changes to immigration policy); (2) changes in, and the interpretation and prioritization of, local, state, and federal laws, regulations, and governmental policies (including those concerning Busey’s general business); (3) the economic impact of any future terrorist threats or attacks, widespread disease or pandemics, or other adverse external events that could cause economic deterioration or instability in credit markets (including Russia’s invasion of Ukraine and the conflict in the Middle East); (4) unexpected results of acquisitions, including the acquisition of CrossFirst Bankshares, Inc., which may include the failure to realize the anticipated benefits of the acquisitions and the possibility that the transaction and integration costs may be greater than anticipated; (5) the imposition of tariffs or other governmental policies impacting the value of products produced by Busey’s commercial borrowers; (6) new or revised accounting policies and practices as may be adopted by state and federal regulatory banking agencies, the Financial Accounting Standards Board, the Securities and Exchange Commission, or the Public Company Accounting Oversight Board; (7) changes in interest rates and prepayment rates of Busey’s assets (including the impact of sustained elevated interest rates); (8) increased competition in the financial services sector (including from non-bank competitors such as credit unions and fintech companies) and the inability to attract new customers; (9) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (10) the loss of key executives or associates, talent shortages, and employee turnover; (11) unexpected outcomes and costs of existing or new litigation, investigations, or other legal proceedings, inquiries, and regulatory actions involving Busey (including with respect to Busey’s Illinois franchise taxes); (12) fluctuations in the value of securities held in Busey’s securities portfolio, including as a result of changes in interest rates; (13) credit risk and risk from concentrations (by type of borrower, geographic area, collateral, and industry), within Busey’s loan portfolio and large loans to certain borrowers (including commercial real estate loans); (14) the concentration of large deposits from certain clients who have balances above current Federal Deposit Insurance Corporation insurance limits and may withdraw deposits to diversify their exposure; (15) the level of non-performing assets on Busey’s balance sheets; (16) interruptions involving information technology and communications systems or third-party servicers; (17) breaches or failures of information security controls or cybersecurity-related incidents; (18) the economic impact on Busey and its customers of climate change, natural disasters, and exceptional weather occurrences such as tornadoes, hurricanes, floods, blizzards, and droughts; (19) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact Busey’s cost of funds; (20) the ability to maintain an adequate level of allowance for credit losses on loans; (21) the effectiveness of Busey’s risk management framework; and (22) the ability of Busey to manage the risks associated with the foregoing. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

    The MIL Network –

  • MIL-OSI: Micropolis Begins Testing Phase in AI and Robotics Infrastructure for SEE Holding’s Sustainable City 2.0

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 14, 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 it has commenced the testing phase of its collaboration with SEE Holding Ltd at The Sustainable City 2.0 (TSC 2.0) to deploy Micropolis’s advanced robotics platforms, AI-powered surveillance systems, smart mobility applications, and edge computing nodes across the next generation of Sustainable City projects.

    The Sustainable City is SEE Holding’s globally recognized model of a next-generation city designed to harness intelligent systems to enhance performance, efficiency, and everyday lifestyle and to provide a framework for achieving net zero emissions by 2050.

    This is the latest step in the strategic collaboration between Micropolis and SEE Holding following the Memorandum of Understanding signed in April. The deployment will encompass integrated command systems for security operation, autonomous fleets and smart mobility applications, edge computing, and computer vision technologies.

    “Deploying our technologies throughout The Sustainable City 2.0 marks a significant milestone for our company,” said Fareed Aljawhari, CEO of Micropolis Holding Co. “This initial phase will demonstrate how our AI-driven solutions can seamlessly integrate with net-zero principles, enhancing safety, efficiency, and quality of life for residents.”

    A joint R&D program is also underway to advance Micropolis’s sustainable urban technologies, aimed at driving operational efficiency, resident experience, and environmental performance across SEE Holding’s global sustainable city projects.

    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.

    About SEE Holding
    SEE Holding, is a UAE-based sustainably focused global holding group that designs, invests in, and builds sustainable infrastructures and cities through its three operational verticals: SEE Solutions, SEE Developers, and SEE Engineering.

    Driven by its purpose of spearheading a net zero emissions future and achieving the 2050 UN targets, SEE Holding develops inclusive and sustainable communities that prioritize education, sports, healthcare, and overall well-being as part of its commitment to social, environmental and economic impact. SEE Holding currently has projects in the UAE across Dubai, Abu Dhabi and Sharjah, as well as in Oman.

    For more information, please visit us on: https://seeholding.com

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ebe2e39-9f87-4709-bd4f-cae5804c2b03

    The MIL Network –

  • MIL-OSI: AMD Announces New $6 Billion Share Repurchase Authorization

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., May 14, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced that its board of directors approved a new $6 billion share repurchase program. The new authorization is in addition to the remaining balance, as of March 29, 2025, of approximately $4 billion of its existing share repurchase program, increasing the total current repurchase authority to approximately $10 billion.

    “Our expanded share repurchase program reflects the Board’s confidence in AMD’s strategic direction, growth prospects, and ability to consistently generate strong free cash flow,” said AMD Chair and CEO Dr. Lisa Su. “We remain committed to disciplined capital allocation and driving strong shareholder returns, including investing in our leadership product portfolio to drive growth, while returning capital to owners.”

    The timing and total amount of stock repurchases will depend upon market conditions and may be made from time to time in open market purchases or privately negotiated purchases. This program has no termination date, may be suspended or discontinued at any time and does not obligate the company to acquire any amount of common stock.

    About AMD

    For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and X pages.

    Cautionary Statement

    This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including those related to AMD’s share repurchase program; AMD’s strategic direction, growth prospects and ability to consistently generate strong free cash flow; AMD’s commitment to disciplined capital allocation and driving strong shareholder returns; AMD’s investment in AMD’s leadership product portfolio to drive growth; and AMD’s ability to return capital to owners, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as “would,” “may,” “expects,” “believes,” “plans,” “intends,” “projects” and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and generally beyond AMD’s control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: Intel Corporation’s dominance of the microprocessor market and its aggressive business practices; Nvidia’s dominance in the graphics processing unit market and its aggressive business practices; competitive markets in which AMD’s products are sold; the cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; AMD’s ability to introduce products on a timely basis with expected features and performance levels; loss of a significant customer; economic and market uncertainty; quarterly and seasonal sales patterns; AMD’s ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD’s products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD’s products; AMD’s ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyberattacks; uncertainties involving the ordering and shipment of AMD’s products; AMD’s reliance on third-party intellectual property to design and introduce new products; AMD’s reliance on third-party companies for design, manufacture and supply of motherboards, software, memory and other computer platform components; AMD’s reliance on Microsoft and other software vendors’ support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; efficiency of AMD’s supply chain; AMD’s ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control sales of its products on the gray market; long-term impact of climate change on AMD’s business; impact of government actions and regulations such as export regulations, tariffs and trade protection measures, and licensing requirements; AMD’s ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals related provisions and other laws or regulations; evolving expectations from governments, investors, customers and other stakeholders regarding corporate responsibility matters; issues related to the responsible use of AI; restrictions imposed by agreements governing AMD’s notes, the guarantees of Xilinx’s notes, the revolving credit agreement and the ZT Systems credit agreement; impact of acquisitions, joint ventures and/or strategic investments on AMD’s business and AMD’s ability to integrate acquired businesses, including ZT Systems; AMD’s ability to sell the ZT Systems manufacturing business; impact of any impairment of the combined company’s assets; political, legal and economic risks and natural disasters; future impairments of technology license purchases; AMD’s ability to attract and retain qualified personnel; and AMD’s stock price volatility. Investors are urged to review in detail the risks and uncertainties in AMD’s Securities and Exchange Commission filings, including but not limited to AMD’s most recent reports on Forms 10-K and 10-Q.

    Media Contact:
    Phil Hughes
    AMD Communications
    512-865-9697
    phil.hughes@amd.com

    Investor Contact:
    Liz Stine
    AMD Investor Relations
    720-652-3965
    liz.stine@amd.com

    The MIL Network –

  • MIL-OSI: Alternative Ballistics Advances Less-Lethal Innovation Through V2 Global Partnership

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, May 14, 2025 (GLOBE NEWSWIRE) — Alternative Ballistics Corporation, an innovative safety technology company, is pleased to announce its engagement with V2 Global, a distinguished advisory consulting firm specializing in risk mitigation, business intelligence, public safety advisory, and security solutions.

    This partnership represents a pivotal advancement in Alternative Ballistics’ mission to broaden the reach and impact of its innovative, life-saving technology. As part of the collaboration, Don De Lucca—Partner at V2 Global and a former Chief of Police with more than 30 years of leadership in law enforcement and public safety—will work closely with the Alternative Ballistics team to help guide strategic growth and implementation.

    “We’re excited to partner with V2 Global and to welcome Don De Lucca’s leadership and expertise,” said Steve Luna, CEO of Alternative Ballistics. “His extensive experience in policing and public safety will be invaluable as we continue to scale our efforts and bring life-saving technologies to agencies both in the U.S. and abroad.”

    De Lucca also shared his enthusiasm for the partnership: “Alternative Ballistics has created a groundbreaking tool that enhances both officer and public safety. I’m honored to support their mission and help further the adoption of more responsible and effective force alternatives in modern policing.”

    This collaboration marks a key milestone in Alternative Ballistics’ commitment to advancing innovative, less-lethal solutions that bridge the crucial gap between preserving life and protecting officers.

    About Alternative Ballistics Corp.

    Alternative Ballistics Corporation (“ABC”) produces an innovative less-lethal product known as The Alternative® which features patented bullet capture technology. The product is used by law enforcement as a de-escalation tool in critical incidents when encountering a non-compliant subject in crisis, in possession of a weapon other than a firearm, who presents a threat to themselves, to officers, or to bystanders. A lightweight, easy-to-carry docking unit, The Alternative® efficiently attaches to a service weapon to convert a fired bullet into a kinetic impact round that, when deployed from a safe distance, travels downrange with non-penetrating energy, and temporarily incapacitates an individual with low risk of critical injury or death. Once deployed, the service weapon reverts to standard use. The Alternative® may also be available in the future in the commercial market as a self-defense tool for the purpose of protecting life and property. It is the only less-lethal product in either the law enforcement or commercial market that works with a service weapon or semi-automatic handgun for seamless protective cover and doesn’t require transition to a separate device, allowing the user to keep eyes and weapon on the threat at all times.

    About V2 Global

    V2 Global is a risk mitigation and relationship management consulting firm delivering Business Intelligence, Crisis Management & Strategic Advisory Services, Public Safety Advisory and Security Solutions. V2 specializes in identifying, remediating and monitoring risk across your enterprise. Clients are C-Suite executives, law firms and their clients, general counsels and high-profile individuals. V2 Global’s success is based on the ability to rapidly assemble a team anywhere on the globe to identify, resolve and mitigate business issues. Additional information can be found at their website https://www.v2-global.com/about-v2.

    Forward-Looking Statements

    This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. In evaluating these forward-looking statements, you should consider various factors, including: our ability to advance the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Company Contact:
    info@alternativeballistics.com
    www.alternativeballistics.com

    For Investor Inquiries, please contact:
    Hanover International, Inc.
    Kathy Cusumano, President
    ka@hanoverintlinc.com

    The MIL Network –

  • MIL-OSI: Desk-Based Roles See Application Surges Amid Slowing Demand, Growing AI Adoption, While Frontline and Hourly Workforce Face Talent Shortages

    Source: GlobeNewswire (MIL-OSI)

    DENVER, May 14, 2025 (GLOBE NEWSWIRE) — As economic conditions shift across industries, the U.S. job market is showing clear signs of fragmentation. According to the new Job Seeker Nation report from Employ, desk-based job sectors are experiencing a dramatic rise in competition and application volume, while employers in frontline roles continue to struggle with talent shortages. Overall employment remains strong, but these varying degrees of trends point to deeper shifts in how different segments of the labor market are evolving—and what job seekers and employers must do to keep pace.

    Desk-Based Role Competition Intensifies Amid Slowing Demand, While Frontline Faces Labor Shortages

    Job postings from desk-based worker sectors like finance, professional services, and tech have declined year over year, creating bottlenecks of qualified talent competing for a shrinking number of roles. Recent findings revealed that desk-based workers are interviewing more often than those in frontline roles. Overall, 64 percent of respondents reported having more than two interviews in the past year—but that number drops to 55 percent among fully on-site workers, compared to those who work remotely 1–2 days per week (77 percent) or split their time 50/50 between being remote and in office (75 percent).

    This gap may stem from both flexibility and function. Remote workers have more privacy to take interviews without being seen or overheard, while on-site workers may need to take PTO just to participate. And with more volatility in desk-based industries like tech and quits rates for the private sector falling to 2.1 percent, according to the Bureau of Labor Statistics, this fairly recent drop in quits suggests employees are staying in roles longer, which could be due to competition and lack of work.

    “This is no longer a one-size-fits-all labor market,” said Stephanie Manzelli, Chief Human Resources Officer at Employ. “We’re seeing two very different job markets emerge—one overwhelmed with applications, and another starved for talent. Businesses need to reassess and refine hiring processes to ensure they are meeting the needs of today’s dynamic candidate market, especially as we continue to see certain sectors being significantly impacted by layoffs or new college grads getting ready to graduate.”

    AI Drives an Application Arms Race

    As job seekers navigate the hiring crunch, many are turning to AI tools to gain an edge. About one-third of respondents from the report (31 percent) say they’re using AI to support their job search—an increase of seven percentage points from last year. Desk-based worker applicants were using AI the most, especially those in software/technology/IT (50 percent) and finance/insurance/accounting (47 percent).

    While the ways candidates use AI have shifted slightly, some trends are holding steady. Fewer respondents reported using AI to write or review resumes (52 percent, down from 58 percent in 2024) and to generate interview questions (38 percent, down from 42 percent in 2024). However, AI usage in other areas remains consistent: nearly half (48 percent) still use it to write or review cover letters, and 69 percent continue to rely on AI to find or match with relevant job listings.

    AI has become a standard part of the desk-based worker job search, using every tool at their disposal to optimize their applications, sometimes even applying to multiple roles in a week. By contrast, AI adoption remains fairly limited in the frontline space just due to the continued use of more traditional methods of recruiting/hiring, such as referrals, job fairs, trade schools, and in-person applications.

    The Growing Divide—and What It Means

    With 66 percent of workers feeling burnt out from a stagnant market, where employers are cautious, and more employees are staying put at their current jobs, it’s no wonder that 82 percent of surveyed respondents are thinking we could see a “white-collar recession.”

    This split in labor dynamics is forcing employers to reconsider hiring practices, workforce development, and the role of technology in talent acquisition. For desk-based worker employers, streamlining hiring processes, prioritizing skills-based hiring over diplomas, and ensuring accurate job descriptions are strategies to reduce applicant fatigue. For frontline employers, investing in tools such as recruitment marketing, on-the-job training, and broader talent pipelines may be key to attracting new talent.

    To access the full Job Seeker Nation report and discover more about trends in job seeker behavior, visit here.

    About Employ

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

    The MIL Network –

  • MIL-OSI: Annual Benevity State of Corporate Purpose Report Finds Purpose Remains a Strategic Contributor to Business Success

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — Today, Benevity Inc. released its fifth annual State of Corporate Purpose Report during the Benevity Live! conference in Palm Springs, California. The report shows that while corporate social responsibility (CSR) has become significantly more complex and cross-functional, it continues to be a measurable, strategic contributor to business success and resilience.

    The 2025 report reflects a defining moment for corporate purpose, with nearly two-thirds of companies having significantly shifted their corporate purpose strategies in the past year, tapping into new opportunities, and increasing budgets while responding to rising scrutiny and regulatory shifts.

    “This year’s data reveals a deep tension in the corporate purpose space–one where CSR leaders are clear on the business value of their investments but are struggling with how to execute it to its maximum potential in a charged environment,” said Sona Khosla, Chief Impact Officer of Benevity and Head of Benevity Impact Labs. “CEOs have a vital role to play in maintaining corporate trust and building business resilience by sustaining investment in purpose or risk declining revenue and loyalty from increasingly discontented employees and customers.”

    For the fifth consecutive year, the State of Corporate Purpose study was conducted by Benevity Impact Labs, a social innovation lab and research hub. The annual survey included more than 500 corporate impact leaders from around the globe. The data shows that corporate social impact is maturing as it becomes an enterprise-wide endeavor but remains a critical strategy for building business and employee resilience.

    • 92% of leaders say they are investing in social impact programs because it’s good for business;
    • 88% say their impact strategy is future-proofing their business when it comes to talent acquisition and retention, customers and regulatory requirements; and
    • 91% say they are making sure their programs support their corporate strategy & values.

    According to the 2025 Benevity State of Corporate Purpose Report, as external pressures and complexities increase in the CSR and social impact space, several key trends are at work and expected to influence and shape corporate purpose perspectives, strategies, and implementations in 2025.

    • Corporate caution heightens business risk. Companies who scale back their communications and public commitments to social and environmental impact risk eroding trust among both employees and consumers, negatively impacting their brand and bottom line. While 52% of leaders say their CEOs will be less vocal this year, more than three quarters (76%) acknowledge they expect employee activism. Balancing that potential gap is a corporate risk factor that is being managed across departments, from impact professionals to communications, HR, and legal teams.

    “Leaders across the board are adjusting the way they talk about corporate impact. They are still doing the work but are adapting their narratives to meet the moment and working more cross functionally to do so,” said Khosla. “In 2025, corporate communications will be a key partner for CSR teams. Two-thirds expect to engage with corporate communications teams more, and 30% expect to do so a lot more.”

    • Volunteering builds business resilience. Volunteering continues to be a core component of purpose programs, but is changing shape to drive even greater business value. The 2025 Benevity study reveals that 94% of companies say volunteering helps build a resilient business and prior Benevity research shows open-choice volunteering demonstrably increases participation.

    “More than 23 million volunteer hours were tracked across the Benevity Enterprise Impact Platform in 2024,” said Candace Worley, Chief Product Officer for Benevity. “Volunteering is emerging as a critical component of building more resilient companies and cultures as we continue to experience the increasing pace of both technological and workplace change.”

    • Employee resource groups are a source of trust. The study shows a continued commitment to building inclusive cultures with investments in employee resource groups (ERGs). Earlier Benevity studies have quantified that these groups bring significant value to companies by strengthening the employer value proposition and building employee trust. 92% of CSR leaders say that ERGs are viewed positively by leadership and the report also shows that those groups are evolving to become a trusted source of information within an organization (87%).

    “In an era of distrust and polarization, these numbers represent a real opportunity for companies to lean into ERGs as a powerful and authentic way to sustain inclusion efforts amidst a changing regulatory and legal environment and strengthen business resilience,” said Khosla.

    • Evolving grant programs and AI influence. The 2025 Benevity study shows shifts in focus and implementation of grantmaking, reflecting moves to strengthen the nonprofit sector. More than half (51%) of companies are expecting increased granting budgets this year and within the last year grants made to Community Improvement and Nonprofit Capacity Building jumped from ninth to fourth position. At the same time, CSR teams are leaning into AI-driven efficiencies to streamline administrative tasks, with 64% and 62% of respondents noting that CSR teams are using AI for grant application summaries and reviews respectively.

    “As everyone works through the opportunities that responsible AI can offer, our State of Corporate Purpose study found that 82% of companies believe nonprofits require more corporate support to bridge the AI gap,” commented Ian Goldsmith, Chief AI Officer for Benevity. “As corporations advance their AI capabilities, they have a unique opportunity to offer technical expertise, fund AI-driven tools, and provide skill-sharing with nonprofit partners.”

    Insights for navigating the current environment and trends in the 2025 State of Corporate Purpose Report included: driving efficiency and measurement into core CSR programs, strengthening internal and external narratives around CSR to more clearly connect purpose to company values, maintaining employee choice in giving and volunteering, and investing in more holistic direct support for nonprofits and communities infrastructure needs.

    This week at Benevity Live!, further insights offered by Khosla, other Benevity executives, and impact practitioners from around the world focused on the challenges and opportunities for CSR and social impact today – and how purpose is connected to business success.

    The full 2025 Benevity State of Corporate Purpose Report may be found here.

    About Benevity
    Benevity, a certified B Corporation, is the leading global provider of social impact software, providing the only integrated suite of community investment and employee, customer and nonprofit engagement solutions. Recognized as one of Fortune’s Impact 20, Benevity provides a robust, all-in-one SaaS platform designed to simplify and scale CSR and social impact programs. The platform unifies giving, volunteering, grants management, and employee mobilization – empowering companies to connect purpose with measurable business results. Benevity has processed more than $18.5 billion in donations and 99 million hours of volunteering time to support 513,000 nonprofits worldwide. The company’s solutions have also facilitated 1.5 million acts of goodness and managed grants worth $18 billion. For more information, visit benevity.com.

    About Benevity Impact Labs
    Benevity Impact Labs is a social innovation lab that brings new data, research and insights to help companies, nonprofits and individuals accelerate their impact and inclusion efforts. With unparalleled access to the world’s most iconic brands, Benevity Impact Labs combines Benevity’s robust data and insights with third-party research to report on the top trends shaping corporate purpose and to provide measurable proof of the value of social impact.

    Media Contact:
    Indrani Ray-Ghosal│ Press & Analyst Relations │ 1.647.574.9559 │ press@benevity.com

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  • MIL-OSI: Advocus Names Michael Moore SVP of Illinois Operations

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 14, 2025 (GLOBE NEWSWIRE) — Chicago-based title insurance underwriter Advocus National Title Insurance Company (Advocus) announced today that the company has named Mike Moore SVP of Illinois Operations, underscoring Advocus’ commitment to service excellence and regional leadership in attorney agent escrow services.

    With more than three decades of experience in real estate and business operations, Moore brings a strategic mindset and a proven track record of operational leadership. In his new role, he will oversee all aspects of Illinois escrow operations, implementing scalable processes that align with Advocus’s long-term growth strategy while ensuring superior customer service and agent satisfaction.

    “Mike’s appointment reflects both his outstanding contributions to our organization and his deep understanding of the Illinois market,” said Lynne Crotty, Executive Vice President and Chief Operating Officer at Advocus. “He combines data-driven operational insight with a people-first leadership style that inspires trust across our teams and agency partners.”

    Moore has been part of Advocus (formerly ATG) for more than thirty years, and most recently served as Vice President of Special Markets, where he led initiatives tailored to unique customer segments and supported both operational and sales teams. Prior to joining Advocus, he served for over a decade as President of NLT Title, a division of Attorneys’ Title Guaranty Fund, Inc., where he successfully modernized systems and enhanced performance across departments.

    A graduate of National Louis University, Moore is actively involved in the Illinois Land Title Association and holds the ITP and IEP professional designations, reflecting his ongoing commitment to industry best practices and professional development.

    “I’m honored to step into this expanded role and continue supporting the incredible work of our Illinois team,” said Moore. “At Advocus, we believe in combining legal expertise with streamlined processes to deliver unmatched value to our clients, and I look forward to building on that foundation.”

    To learn more about Advocus and its attorney-centered approach to title insurance, visit advocus.com.

    About Advocus
    Advocus is a national provider of title insurance and settlement services dedicated to preserving the role of lawyers in real estate transactions. Founded in 1964 on the belief that every consumer deserves legal representation and advocacy, Advocus is dedicated to preserving the attorney’s role in real estate transactions and offering attorney-led underwriting expertise. With a growing presence in markets across the United States, Advocus continues to set the standard for excellence in the title insurance industry. For more information, visit www.advocus.com.

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

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  • MIL-OSI: Pushpay Unveils New Strategic Partnerships and Integrations to Support Church Growth and Engagement

    Source: GlobeNewswire (MIL-OSI)

    New product integrations with Mailchimp and StudioC, and a partnership with VisitorReach, help ministries improve communication, outreach and foster deeper discipleship

    REDMOND, Wash., May 14, 2025 (GLOBE NEWSWIRE) — Pushpay, the leading payments and engagement solutions provider for mission-driven organizations, today announces three new strategic partnerships and product integrations designed to further equip churches in their mission to build community and deepen connections for a greater Kingdom impact. The latest additions reflect Pushpay’s continued investment in innovation and delivering an expansive product ecosystem that supports the evolving needs of modern ministry.

    Pushpay’s new partnership with VisitorReach enables churches to connect with their congregation more effortlessly through VisitorTap—a tap-to-engage technology designed specifically for churches. By using NFC technology, VisitorTap allows guests to simply tap their phones to instantly access giving platforms, digital connect cards, event sign-ups, and ministry opportunities. This seamless experience makes guest engagement easier, faster, and more intuitive. Pushpay customers receive an exclusive discount on VisitorTap, including free setup and the first 100 VisitorTap cards at no cost.

    “We’re proud to expand our integration ecosystem, which is a part of a broader strategy to equip and empower ministry leaders with the tools they need to lead in a digitally connected world,” said Gruia Pitigoi-Aron, Pushpay’s Chief Product Officer. “Investing in a robust partnership and integration network helps our customers remove technology barriers, allowing them to focus more time on what matters most: their people.”

    According to the company’s 2025 State of Church Technology report, 86% of church leaders agree technology helps strengthen connection in their community. Yet, communication remains the top challenge, with 51% saying it’s the area they most want technology to improve. Several of the company’s new integrations are designed to help solve that challenge:

    • Mailchimp Integration: A new integration with Mailchimp will enable churches to connect their ChMS data directly to Mailchimp—eliminating time-consuming manual exports and improving message targeting. Saved Searches, Groups, and Process Queues within Pushpay’s ChMS can now be synced to Mailchimp tags or audiences, allowing churches to send more personalized and timely communications. The integration will be available in late May.
    • StudioC Integration: Pushpay’s enhanced mobile app experience now includes integration with StudioC, a technology company that helps churches strengthen discipleship and engagement through data-driven communication. The new mobile app integration helps churches guide people more intuitively through their spiritual journey by providing relevant content and next steps—helping churches deliver the right content, to the right people, at the right time.

    “We’re thrilled to collaborate with Pushpay. Our integration is about empowering churches to communicate with clarity, compassion, and strategic impact,” said Blue Van Dyke, founder of StudioC. “Pushpay customers can now engage their congregations with personalized, data-driven messaging—right in the palm of their hands. Together, we’re not just enhancing digital tools, we’re reimagining how churches connect, disciple, and grow in a mobile-first world.”

    With over 80 integrations, Pushpay integrates with the majority of the top software solutions used by churches today, delivering a comprehensive and connected technology ecosystem for its more than 15,000 customers. For more information about today’s announcement, or Pushpay’s growing integration ecosystem, visit www.pushpay.com/integrations.

    About Pushpay
    Pushpay empowers mission-based organizations to engage their communities. We exist to bring people together and help people be known. Through our innovative suite of products, we cultivate generosity by streamlining donation processes, enhancing communication, and strengthening connection. Whether managing donations, organizing events, or connecting with community members, Pushpay’s integrated tools enable ministry leaders to focus on what matters most – growing their ministry and deepening engagement. For more information visit www.pushpay.com.

    US Media / PR Contact: Chelsea Looney PR@pushpay.com

    The MIL Network –

  • MIL-OSI: ibex Wave iX Wins Gold Stevie® Award at The 23rd Annual American Business Awards®

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, May 14, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced that ibex Wave iX has earned the Gold Stevie® Award in the Achievement in Technology Innovation category for The 23rd Annual American Business Awards®. This honor emphasizes the success of ibex’s AI-powered Wave iX solution platform in transforming the customer experience for leading brands around the world.

    “We are proud to be recognized by The Stevie® Awards for The Annual American Business Awards®,” said Carl O’Neil, EVP and GM of Wave iX, Augment, and ibex CX. “AI is transforming the customer experience landscape, and ibex is leading this evolution by creating groundbreaking AI-powered CX solutions that redefine how businesses engage with their customers.”

    ibex takes a solutions-driven approach to align with specific business needs and deliver real solutions for transformative outcomes. ibex Wave iX fuses cutting-edge technology with unmatched CX expertise to enable the next generation of AI and agent-assisted customer experience.

    “ibex Wave iX solutions drive true digital transformation and empower businesses of all sizes with advanced, customer-facing self-service capabilities as they adapt to deliver smarter, more personalized interactions,” O’Neil said. “Rather than forcing one-size-fits-all tools, we work closely with our clients to create customized, AI-powered CX solutions that produce meaningful, transformative results.”

    The American Business Awards complimented the impressive achievements of ibex Wave iX on multiple levels. The judges commended how ibex’s innovative approach to digital marketing and customer acquisition is transforming the industry. ibex is additionally recognized as an ideal strategic partner that executes the goals of their clients with excellent customer satisfaction.

    Explore the full suite of ibex Wave iX solutions here.

    “Organizations across the United States continue to demonstrate resilience and innovation,” said Stevie Awards president Maggie Miller. “The 2025 Stevie winners have helped drive that success through their innovation, persistence and hard work.”

    About the Stevie Awards
    Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

    About ibex
    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of approximately 30 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of more than 31,000 employees together with industry-leading technology, including its AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f2882e7-814b-4215-b4a0-caa2e4d988ec

    The MIL Network –

  • MIL-OSI: Texas Capital Foundation Awards $250,000 to Texas Nonprofits

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 14, 2025 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the recipients of its 2025 Honors Awards. Launched in 2022, the Honors Awards are a signature initiative of the Texas Capital Foundation, awarding $250,000 in total annually to four organizations dedicated to addressing community needs across the state.

    “We are proud to honor four nonprofits as the recipients of this year’s Honors Awards for their dedication to improving the lives of Texans,” said Rob C. Holmes, Chairman, President & CEO of Texas Capital. “Through the Texas Capital Foundation, we are able to shine a light on organizations that are shaping a better future for all of Texas.”

    The Texas Capital Foundation’s approach to grantmaking focuses on nonprofit organizations that operate in areas within the firm’s footprint. Through the Honors Awards, the Texas Capital Foundation aims to fund small to mid-sized organizations that serve the greatest needs of communities through a competitive grant application process.

    The third annual Honors Awards recipients are:

    • The Art Station, a Fort Worth-based nonprofit focused on improving mental health through art therapy. The Art Station is using its grant to hire additional art therapists and expand services by offering a second location to increase accessibility to mental health services for individuals and families across Tarrant County.
    • Center for Applied Science and Technology (CAST) Schools, a San Antonio-based nonprofit network of schools that prepare students for the future through hands-on, project-based learning rooted in science, technology, engineering, arts and math. The grant will be used to bolster the drone program across the CAST STEM High School and CAST Imagine Middle School.
    • ScholarShot, a Dallas-based nonprofit focused on increasing college graduation rates for first-generation students will use the grant to hire an additional Academic Manager to expand support for students through academic support, mentorship and career guidance – increasing the number of Scholars served from 160 to 200.
    • STAR Award (Supporting our Troops Active and Remembered): Folds of Honor is a national nonprofit, with a strong presence in Central Texas and Houston, dedicated to providing educational scholarships to the spouses and children of America’s fallen or disabled military service members and first responders. The organization plans to use the STAR Award to expand its operations and provide college scholarships for 20 Texas families in Houston and Austin, covering tuition, fees, housing, meal plans and textbooks.

    For more information about the Honors Awards, visit the Texas Capital Foundation website.

    About Texas Capital
    Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com.

    The MIL Network –

  • MIL-OSI: Traliant launches groundbreaking TV-inspired Code of Conduct training and ethics report to help organizations bridge policy and practice

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today unveiled a reimagined Code of Conduct training featuring The Code – a cinematic TV series that helps employees see how their organization’s Code connects to the choices they make every day. Alongside the training, Traliant also released its 2025 Code of Conduct Report, offering new insights on how employees perceive and navigate ethical situations in the workplace.

    Training that helps turn policy into practice
    Designed to make Code of Conduct training both engaging and effective, The Code delivers short, bingeworthy episodes that immerse employees in realistic ethical dilemmas – from conflicts of interest, accepting gifts and bribery risks to protecting confidential information and reporting misconduct. Paired with a companion podcast that unpacks the learning and shares additional “Code Confessions” scenarios, the experience challenges employees to reflect, relate and apply the lessons long after the course ends.

    “A Code of Conduct is only as effective as an employees’ ability to apply it,” said Mike Dahir, CEO of Traliant. “To reduce risk and foster a culture of ethics, organizations need more than awareness – they need to equip employees with the confidence to make the right call, especially in gray areas when the right course of action isn’t always clear. That’s exactly what our training is designed to do.”

    With a modular, customizable format, employers can select from a library of pre-recorded risk-based topics that matter most to their organization and even incorporate real stories from within the organization into podcast segments – creating a highly personalized training experience more relevant and aligned with company values.

    Insights from the 2025 Code of Conduct Report
    In tandem with the course launch, Traliant’s 2025 Code of Conduct Report surveyed over 1,000 US employees to explore how well they understand and act on ethical principles in the workplace. The findings highlight a troubling gap between awareness and action, with more than one-third of respondents (37%) reporting they were unsure how to proceed when faced with an ethical situation in the workplace.

    The report uncovers additional key findings pointing to why employers need to better align their Code of Conduct training with the everyday challenges employees face, including:

    • More than half (57%) of those surveyed observed behavior at work that seemed like a potential violation of their company’s Code of Conduct.
    • While 72% of Baby Boomers reported never encountering an ethical dilemma where they were unsure what to do, only 51% of Gen Z respondents shared that level of confidence.
    • 22% of respondents have been in a situation where they later realized or learned their actions may have violated the Code of Conduct. 
    • 54% of respondents said ethical decision-making at their company could be improved with clearer examples and scenarios in training that reflect everyday situations.

    “These survey findings reinforce why traditional, checkbox training falls short,” adds Dahir. “Organizations need modern, relatable training that helps employees understand what the Code looks like in action – and empowers them to act ethically when it matters most.”

    For more details on Traliant’s Code of Conduct training and report findings, go to www.traliant.com.

    Methodology 
    The independent market research firm Researchscape conducted the online survey in March 2025. Respondents included 1,032 US-employed adults working in hospitality, healthcare, retail, industrial/manufacturing, and in-office/professional settings in other industries with 100+ employees.

    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 training, inclusion training, code 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: Mezmo Disrupts Market by Reducing Observability Cost Structure by 90%

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Mezmo, the modern observability company, today announced a simple, more predictable pricing structure for its intelligent telemetry orchestration platform. The new structure includes one component for processing and analyzing data and another for data retention: $0.20 per gigabyte ingested and $0.20 per gigabyte retained per month, respectively. That’s down from $1.80 per gig retained, delivering nearly 90% in savings. The company’s simple, transparent approach to pricing gives companies the freedom to scale without high, unpredictable costs.

    The move is a response to a compounding industry problem: Infrastructure and applications have created an explosion in data from cloud, microservices and AI, causing observability costs to skyrocket. Most vendors charge premium prices — calculated in complex formulas — to process and analyze telemetry data, even as global data volumes are projected to more than double by 2028. As a result, companies are forced to keep everything, driving up observability costs with bloated, unpredictable bills.

    Mezmo took a different approach, restructuring and modernizing its backend to compress infrastructure costs while continuously enhancing its pipeline processing and data orchestration capabilities to enable greater efficiency and pass those savings directly to customers. The company saw more than a 90% reduction in infrastructure and resources and a 70% reduction in operational applications. The result? Mezmo completely transformed its approach to pricing, significantly reducing customer costs and simplifying the structure to correlate cost with value.

    “We tackled the rising costs of observability head-on by taking a holistic look at how organizations process, analyze and store telemetry data,” said Tucker Callaway, CEO of Mezmo. “The result is a more sustainable, scalable and valuable model for observability data.”

    Key benefits of Mezmo’s 2025 pricing:

    • Simple, transparent pricing for contract customers. $0.20 per gigabyte ingested, and $0.20 per gigabyte retained monthly. No confusing formulas based on CPU, data type, user count or queries.
    • Built-in cost control. Teams can decide what data to ingest, preprocess it locally with Mezmo Edge, or send it directly to Mezmo to intelligently filter and route, retaining only what matters, wherever they need it.
    • Cold storage with rehydration. Rehydration lets users archive data to reduce spend and restore it to Mezmo when needed for analysis or debugging, balancing cost with access.

    Learn more about Mezmo’s new pricing on the company website or start your free trial today.

    About Mezmo
    Mezmo is the intelligent telemetry orchestration platform for SREs, developers and DevOps leaders. It empowers organizations to understand, optimize and respond to their observability data with unparalleled efficiency. The AI-powered solution combines data profiling, responsive pipelines and comprehensive management features to deliver enhanced visibility, cost optimization and compliance while reducing operational toil. The company has been recognized as one of the fastest-growing companies in the U.S. by Inc. 5000 and Deloitte Fast 500.

    Media contact
    Jennifer Tanner
    Look Left Marketing
    mezmo@lookleftmarketing.com

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  • MIL-OSI: Farmers & Merchants Bancorp (FMCB) Increases Cash Dividend for the 60th Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LODI, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), the Board of Directors declared a mid-year cash dividend of $9.30 per share, an increase of 5.7% over the $8.80 per share paid in July of 2024. The cash dividend is payable on July 1, 2025, to shareholders of record on June 10, 2025. Net income over the trailing twelve months was $88.7 million compared with $87.5 million for the same trailing period a year earlier. Diluted earnings per share over the trailing twelve months totaled $123.32, up 5.97% compared with $116.37 for the same trailing period a year ago.

    For the quarter ended March 31, 2025, Farmers & Merchants Bancorp reported net income of $23.0 million, or $32.86 per diluted common share, compared with $22.7 million, or $30.56 per diluted common share for the first quarter of 2024. Annualized return on average assets for the first quarter of 2025 was 1.70% and return on average equity was 15.65%. Total assets at quarter-end were $5.7 billion. The Company’s credit quality remained solid with only $193,000 in non-accrual loans and leases as of March 31, 2025 and a negligible delinquency ratio of 0.01% of total loans and leases. At quarter-end, the Company’s allowance for credit losses was $75.4 million, or 2.10% of total loans and leases. The Company’s common equity tier 1 ratio was 13.75% at March 31, 2025, and the total risk-based capital ratio was 15.23%. All F&M Bank capital ratios exceeded the regulatory requirements to be classified as “well-capitalized”. For further details on our first quarter results please see our press release dated April 16, 2025.

    Kent A. Steinwert, Chairman, President and CEO noted, “The Board is very pleased with the Company’s strong first quarter 2025 and record full-year 2024 financial results and unanimously approved the cash dividend. This year marks the 90th consecutive year that Farmers & Merchants Bancorp has paid cash dividends and the 60th consecutive year we have increased dividends. As a result of the reliability of our cash dividends over many decades, we remain a member of a select group of only 55 publicly traded companies designated as “Dividend Kings” by Sure Dividend where Farmers & Merchants Bancorp is currently ranked 17th.”

    About Farmers & Merchants Bancorp

    Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, and is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 33 convenient locations. F&M Bank is financially strong, with $5.7 billion in assets, and is consistently recognized as one of the nation’s safest banks by national bank rating firms. The Bank has maintained a 5-Star rating from BauerFinancial for 35 consecutive years, longer than any other commercial bank in the State of California.

    Farmers & Merchants Bancorp has paid dividends for 90 consecutive years and has increased dividends for 60 consecutive years. As a result, Farmers & Merchants Bancorp is a member of a select group of only 55 publicly traded companies referred to as “Dividend Kings,” and is ranked 17th in that group based on consecutive years of dividend increases. A “Dividend King” is a stock with 50 or more consecutive years of dividend increase.

    In August 2024, Farmers & Merchants Bancorp was named by Bank Director’s Magazine as the #2 best performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2023. In August 2023, the Bank was named by Bank Director’s Magazine as the #1 best performing bank in the nation across all asset categories in their annual “Ranking Banking” study of the top performing banks for 2022.

    In April 2024, F&M Bank was ranked 6th on Forbes Magazine’s list of “America’s Best Banks” in 2023. Forbes’ annual “America’s Best Banks” list looks at ten metrics measuring growth, credit quality, profitability, and capital for the 2023 calendar year, as well as stock performance in the 12 months through March 18, 2024.

    In December 2023, F&M Bank was ranked 4th on S&P Global Market Intelligence’s “Top 50 List of Best-Performing Community Banks” in the US with assets between $3.0 billion and $10.0 billion for 2023. S&P Global Market Intelligence ranks financial institutions based on several key factors including financial returns, growth, and balance sheet risk profile.

    In October 2021, F&M Bank was named the “Best Community Bank in California” by Newsweek magazine. Newsweek’s ranking recognizes those financial institutions that best serve their customers’ needs in each state. This recognition speaks to the superior customer service the F&M Bank team members provide to its clients.

    F&M Bank is the 15th largest bank lender to agriculture in the United States. F&M Bank operates in the mid-Central Valley of California, including Sacramento, San Joaquin, Solano, Stanislaus, and Merced counties and the east region of the San Francisco Bay Area, including Napa, Alameda and Contra Costa counties.

    F&M Bank was inducted into the National Agriculture Science Center’s “Ag Hall of Fame” at the end of 2021 for providing resources, financial advice, guidance, and support to the agribusiness communities as well as to students in the next generation of agribusiness workforce. F&M Bank is dedicated to helping California remain the premier agricultural region in the world and will continue to work with the next generation of farmers, ranchers, and processors. F&M Bank remains committed to servicing the needs of agribusiness in California as has been the case since its founding over 109 years ago.

    F&M Bank offers a full complement of loan, deposit, equipment leasing and treasury management products to businesses, as well as a full suite of consumer banking products. The FDIC awarded F&M Bank the highest possible rating of “Outstanding” in their last Community Reinvestment Act (“CRA”) evaluation.

    Forward-Looking Statements

    This press release may contain certain forward-looking statements that are based on management’s current expectations regarding the Company’s financial performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “intend,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Forward-looking statements in this press release include, without limitation, statements regarding loan and deposit production levels of net interest margin, the ability to control costs and expenses, the competitive environment, financial and regulatory policies of the United States government, general economic conditions, inflation, recessions, tariffs, economic uncertainty in the United States, and changes in interest rates. Forward-looking statements in this press release include matters that involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from results expressed or implied by such forward-looking statements. Such risk factors include, among others: the effects of and changes in monetary and fiscal policies, including the interest rate policies of the Federal Reserve Board and their effects on inflation risk; political and economic uncertainty, including any decline in global, domestic or local economic conditions or the stability of credit and financial markets; and other relevant risks detailed in the Company’s Form 10-K, Form 10-Qs, and various other securities law filings made periodically by the Company, copies of which are available from the Company’s website. All such factors are difficult to predict and are beyond the Company’s ability to control or predict. There also may be additional risks that the Company does not presently know, or that the Company currently believes to be immaterial, that could also cause actual results to differ materially and adversely from those contained in these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances after the date of this press release or otherwise, except as may be required by applicable law.

    For more information about Farmers & Merchants Bancorp and F&M Bank, visit fmbonline.com.

    Investor Relations Contact

    Farmers & Merchants Bancorp
    Bart R. Olson
    Executive Vice President and Chief Financial Officer

    Phone: 209-367-2485
    bolson@fmbonline.com

    The MIL Network –

  • MIL-OSI: Euronet’s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network

    Source: GlobeNewswire (MIL-OSI)

    BUENA PARK, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and its Money Transfer segment (Ria Money Transfer, Xe and Dandelion) announced today a collaboration with Visa, a world leader in digital payments, to make Visa Direct available to its customers. Through this partnership, Dandelion extends its network as an industry leader, expanding its digital payout capabilities, which includes more than 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 locations across nearly 200 countries and territories, to include 4 billion Visa debit cards.

    According to the World Bank, 52.8% of people aged 15 and above have a debit card. As such, debit card usage has become increasingly prevalent, with expansion being led by financial inclusion initiatives and the adoption of contactless payments.

    The Nilson Report estimates that debit and prepaid card transactions to purchase goods and services will reach USD$1.1 trillion worldwide by 2029. With this service expansion, Euronet’s Money Transfer segment continues to embrace evolving consumer trends by providing customers with an unmatched digital payout offering.

    With the partnership, Euronet’s Money Transfer customers can send funds within minutes to 4 billion Visa debit cards by simply providing the recipient’s name and debit card number. In addition, payment and account data information is dually safeguarded by Visa’s payment security infrastructure and Euronet’s robust compliance framework, offering both convenience and peace of mind for senders and receivers.

    “The shared mission of Euronet’s Money Transfer segment is to enable customers to manage their money movement however they prefer through straight-forward and convenient cross-border payment solutions,” said Juan Bianchi, Euronet’s EVP & CEO Money Transfer segment. “Thanks to this new relationship with Visa, we are now able to expand and enhance our digital offering while upholding the high security standards and impeccable delivery promise our cross-border, real-time payments network is known for.”

    “Visa supports our clients with innovative solutions for simple and secure money transfers. By integrating Visa Direct, Euronet’s Money Transfer segment is poised to further digitize its remittance offering with fast, secure and transparent push-to-card payments,” said Vera Platonova, Chief Revenue Officer and Global Head of Sales and Solutioning Teams, Visa Direct. “This partnership underscores our mutual commitment to delivering exceptional cross-border remittance services for end users around the globe.”

    This is the first step in Euronet and Visa’s collaboration, as both companies remain committed to fostering growth and driving innovation worldwide.

    About Euronet

    Starting in Central Europe in 1994 and growing to a global real-time digital and cash payments network with millions of touchpoints today, Euronet now moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit card processing, ATMs, point-of-sale (POS) services, branded payments, foreign currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone. 

    A leading global financial technology solutions and payments provider, Euronet has developed an extensive global payments network that includes 55,512 installed ATMs, approximately 1,214,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 69 countries; card software solutions; a prepaid processing network of approximately 735,000 POS terminals at approximately 358,000 retailer locations in 64 countries; and a global money transfer network of approximately 624,000 locations serving 199 countries and territories with digital connections to 4 billion bank accounts, 3.2 billion digital wallet accounts and 4 billion Visa debit cards through Visa Direct. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 offices worldwide. For more information, please visit the Company’s website at www.euronetworldwide.com.

    The MIL Network –

  • MIL-OSI: Enterprise Digital Asset Summit Returns, Highlighting Stablecoins & AI-Driven Finance at SF Tech Week

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 14, 2025 (GLOBE NEWSWIRE) — Bitwave, the leading enterprise digital asset finance platform, is thrilled to announce the Enterprise Digital Asset Summit (EDAS), returning for its highly anticipated fourth annual edition on October 8, at the iconic St. Francis Yacht Club in San Francisco.

    “For 2025, we’re embracing two transformative themes: the rise of stablecoin payments and the emergence of agentic AI in back-office operations. EDAS is where you come to learn how these innovations are reshaping enterprise finance,” said Pat White, CEO and Co-Founder of Bitwave.

    “These technologies aren’t theoretical anymore. Stablecoins are here, they’re working, and they’re driving real savings. And AI? It’s not just analyzing spend, it’s executing on-chain today.”

    This year, EDAS takes an exciting step forward by becoming an official part of SF Tech Week, the world’s largest decentralized technology conference presented by a16z, bringing together hundreds of top-tier founders, funds, and companies from around the globe. As digital assets continue to redefine the future of enterprise finance, EDAS remains the industry’s go-to gathering for fresh insights, dynamic thought leadership, and elevated networking opportunities.

    “The age of crypto is here. We are seeing an evolution across industries as more companies evaluate the use of digital assets from investing to operations, transactions and more,” said Rob Massey, Deloitte Tax LLP Partner, Global Tax Leader – Blockchain & Digital Assets.

    “With stablecoin volume and adoption on the rise, the market presents significant opportunities for prospective issuers. EDAS is a fantastic forum to discuss the possibilities and risks – there is much to consider.”

    What to Expect at EDAS 2025

    EDAS is a curated, one-day experience designed for CFOs, financial operators, auditors, accountants, and other enterprise leaders driving the future of finance. With a focus on real-world adoption and a compliance-first strategy, EDAS 2025 is your front-row seat to the next wave of financial innovation.

    Key features of EDAS 2025 include:

    • Dynamic sessions focused on enterprise stablecoin usage, AI-powered financial automation, on-chain payment adoption, and more.
    • A spotlight on agentic finance, exploring how these technologies are redefining accounting, treasury, and compliance.
    • World-class speakers from global institutions, crypto pioneers, and regulatory experts.
    • NASBA-certified continuing education opportunities for accounting and finance professionals.
    • Exclusive venue access at the historic St. Francis Yacht Club, offering unparalleled views of the Golden Gate Bridge and San Francisco Bay.
    • Integration with SF Tech Week — extending networking opportunities with founders, investors, and technologists across multiple disciplines.

    Past speakers and attendees have represented top-tier organizations including Deloitte, RSM, EY, KPMG, Circle, NetSuite, Google, Hedera, and more.

    “At EDAS, we’re not just exploring what’s next, we’re shaping it,” added Amy Kalnoki, Co-Founder and COO of Bitwave.

    “Whether you’re a Fortune 500 finance lead or a crypto-native innovator, this event delivers the practical insights and connections to lead in this new era of enterprise finance.”

    Now in its fourth year, EDAS continues to serve as the premier forum for enterprise finance leaders to unlock the promise of compliant, efficient, and forward-thinking digital asset adoption.

    How to Attend

    Limited early-bird passes are now available at edas.live. Attendees are encouraged to register early to secure access to this high-impact event.

    About Bitwave
    Bitwave is the #1 digital asset subledger and on-chain finance platform for businesses.

    Built for enterprises and institutions, Bitwave simplifies digital asset tax, accounting, and payment workflows for global finance teams – all with a comprehensive, audit-ready platform.

    Trusted by Fortune 100 leaders, Bitwave delivers the reliability, security, and control demanded by today’s leading finance teams. We enable the digital asset economy with scalable financial operations.

    For more, visit bitwave.io.

    Media Contact:
    Kaleb Leija
    VP of Marketing, Bitwave
    marketing@bitwave.io

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1d555f10-1dd1-4d44-8f87-54270109b958

    The MIL Network –

  • MIL-OSI: Dan Starr and Mindy Creighton Truex Appointed to Lakeland Financial Corporation and Lake City Bank Boards of Directors

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, Ind., May 14, 2025 (GLOBE NEWSWIRE) — Lakeland Financial Corporation (Nasdaq Global Select/LKFN) and Lake City Bank announced today that Dan Starr and Mindy Creighton Truex have been appointed to their respective Boards of Directors.

    “Our boards represent the foundational building blocks of stable corporate governance, leadership and engagement in our Indiana communities and provide balanced and thoughtful feedback to our leadership team. The addition of Dan and Mindy brings two proven business and community leaders to the table,” said David M. Findlay, Chairman and CEO. “Our boards are an extension of the bank in our Indiana markets and are active partners in the focus to drive long-term shareholder value. Both Dan and Mindy share a strong commitment to building long-term relationships within their industries and communities, which fits perfectly with Lake City Bank’s community banking philosophy.”

    Starr is CEO of Do it Best Corp., a Fort Wayne-based member-owned hardware, lumber and building materials buying cooperative in the home improvement industry with thousands of member-owned locations across the United States and in more than 60 countries. He has been with Do it Best Corp. for two decades and held several leadership roles prior to becoming President and CEO in 2016. Before joining Do it Best Corp., Starr was a partner with Barnes & Thornburg LLP and served as the firm’s Business, Tax & Real Estate departmental administrator in Fort Wayne.

    “Lake City Bank plays a vital role in many communities across our state and joining the board is an exciting opportunity,” said Starr. “I look forward to contributing to the continued growth and momentum of the bank.”

    Starr has a juris doctor degree magna cum laude from the Indiana University School of Law. He has served in numerous board leadership roles within the greater Fort Wayne community, including the Northeast Indiana Innovation Center, St. Francis Family Business Center and Fort Wayne Ballet. He currently serves as chairman of the Parkview Health Board of Directors, as well as on the Manchester University Board of Trustees Outreach Committee and the Do it Best Foundation.

    Mindy Creighton Truex is President of Creighton Brothers Farms LLC, a Warsaw-based family-owned farm founded in 1925. With extensive experience in the agricultural sector, she has been instrumental in developing innovative initiatives with Creighton Brothers Farms, including educational and farm-to-table experiences. She has served in leadership roles with national and local agricultural advocacy organizations, including the American Egg Board, United Egg Producers, Indiana State Poultry Association and Purdue University Animal Science Department Dean’s Advisory Committee.

    “As a sixth generation Kosciusko County farmer, I’m honored to join the Lake City Bank and Lakeland Financial Corporation boards,” said Creighton Truex. “Lake City Bank has been a part of the fabric of our community since 1872 and I’m excited to help the bank continue to grow.”

    Creighton Truex has a bachelor’s degree in agribusiness management from Purdue University. She has served on the boards of many nonprofit organizations that impact her local community, including the Kosciusko County Visitor’s Bureau, Kosciusko County Community Foundation, Kosciusko County Leadership Academy, Purdue University’s Kosciusko County Agricultural Extension, Kosciusko County Farm Bureau, and United Way of Kosciusko County.

    Lakeland Financial Corporation (Nasdaq Global Select/LKFN) is a $6.9 billion bank holding company headquartered in Warsaw, Indiana. Lake City Bank, its single bank subsidiary, was founded in 1872 and serves Central and Northern Indiana communities with 54 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in‐market long‐term customer relationships while delivering technology‐forward solutions for retail and commercial clients. For more information visit www.lakecitybank.com.

    Contact
    Luke Weick
    Marketing Manager
    574 267-9198, x47279 office
    260 431-7061 mobile
    luke.weick@lakecitybank.com

    The MIL Network –

  • MIL-OSI: Sprout Social Unveils New Innovations in its Care Solution, Empowering Brands to Drive Business with Proactive Social Care

    Source: GlobeNewswire (MIL-OSI)

    • Innovations to Care by Sprout will enable marketers to provide proactive, secure and insights-driven customer care on social.
    • New releases, available today, include additional bot channels, customizable workflows, compliance and governance capabilities, as well as more holistic reporting functionality.
    • Sprout announces its upcoming AI agent integration to resolve inquiries in seconds and free teams from repetitive tasks using a trained bot deployed across multiple channels.

    CHICAGO, May 14, 2025 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced a set of new innovations to its Care by Sprout Social solution. Designed to help brands meet rising customer expectations, the new features empower teams to deliver more proactive, secure and insights-driven social care–elevating support from a reactive necessity to a strategic business driver. Sprout Social also announced an upcoming AI agent integration, which will further enhance the care experience for customers and drive even more efficiency and impact for brands.

    Social media has become central to product discovery and purchasing, which means brands must deliver fast, personalized social care across platforms or risk losing vital customer trust and business. In fact, 73% of consumers say they will buy from a competitor if a brand doesn’t reply to them on social. While reactive support is expected, the new innovations in Care by Sprout empower brands to deliver proactive care, turning positive interactions into business assets that build loyalty and attract new customers.

    “We’re entering a new era where social care is a key differentiator, influencing purchasing decisions and shaping brand loyalty,” said Scott Morris, Sprout Social’s Chief Marketing Officer. “These latest innovations give brands the tools to not only meet but exceed customer expectations, turning care into a powerful driver of business outcomes across the organization. As technology and expectations continue to accelerate, our focus remains on building an adaptable, powerful platform that keeps our customers ahead of the curve.”

    Key Innovations in Care by Sprout:

    • Harness the Power of AI: Sprout’s upcoming AI agent integration will quickly resolve routine care inquiries, allowing human agents to dedicate their time on more complex, meaningful tasks.
    • Automate for Efficiency: New bot channels, such as Instagram and WhatsApp, along with enhanced flexibility features like Queue Customizations, empower teams to engage customers across more platforms, streamline agent workflows, and allow brands to tailor social care programs to their specific needs.
    • Proactively Protect Your Brand: New governance and compliance capabilities enable brands to manage more complex social care cases within social—eliminating the need to deflect to traditional channels. With secure forms and data masking, customer data stays protected, while access controls and blocked word settings help teams maintain security and brand integrity.
    • Unlock Actionable Insights: New Cases API allows brands to easily connect social care data to broader datasets for more holistic insights, while features like goal time reporting help brands better understand their team operations and trends over time.

    “At ScottsMiracle-Gro, we’ve realized that social care isn’t just a support function but a strategic imperative that the success of our entire organization relies on,” said Sara Smith, Manager of Consumer Services at ScottsMiracle-Gro. “Sprout Social has helped us embrace this shift by providing an intuitive platform that brings our social and care teams together, enabling us to connect more effectively with our audiences and strengthen customer relationships. Social is now where critical engagement happens, and with Sprout, we’re navigating this new era of care as a united front that’s always ready to show up for our customers.”

    These enhancements further build on Sprout’s innovative care solution, which features AI capabilities, intuitive workflows and an industry-leading integration with Salesforce Service Cloud. The updates will be featured in today’s Breaking Ground, Sprout’s quarterly showcase of the company’s latest product updates and cutting-edge industry insights.

    For more information on Care by Sprout Social, please visit https://sproutsocial.com/social-customer-service/

    Social Media Profiles:
    www.x.com/SproutSocial
    www.x.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Kaitlyn Gronek
    Email: pr@sproutsocial.com
    Phone: (773) 904-9674

    Investors:
    Lexi Johnson
    Email: lexi.johnson@sproutsocial.com
    Phone: (312) 528-9166

    About Sprout Social

    Sprout Social is a global leader in social media management and analytics software, built on the belief that All Business is Social℠. Sprout’s intuitive platform puts powerful social data into the hands of approximately 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “can,” “continue,” “could,” “enables,” “estimate,” “expect,” “explore,” “intend,” “long-term model,” “may,” “might” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “strategy,” “target,” “will,” “would,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. However, not all forward-looking statements contain these identifying words. These statements may relate to the success, performance, and effect on our business and customers of our product features, our market size and growth strategy, our estimated and projected costs, margins, revenue, expenditures and customer and financial growth rates, our plans and objectives for future operations, growth, initiatives or strategies. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the forward-looking statements. These assumptions, uncertainties and risks include that, among others: we may not be able to sustain our revenue and customer growth rate in the future; price increases have and may continue to negatively impact demand for our products, customer acquisition and retention and reduce the total number of customers or customer additions; our business would be harmed by any significant interruptions, delays or outages in services from our platform, our API providers, or certain social media platforms; if we are unable to attract potential customers through unpaid channels, convert this traffic to free trials or convert free trials to paid subscriptions, our business and results of operations may be adversely affected; we may be unable to successfully enter new markets, manage our international expansion and comply with any applicable international laws and regulations; we may be unable to integrate acquired businesses or technologies successfully or achieve the expected benefits of such acquisitions and investments; unstable market, economic, and political conditions, such as recession risks, effects of inflation, trade tensions, changes in government spending, labor shortages, supply chain issues, high interest rates, and the impacts of current and potential future bank failures and impacts of ongoing overseas conflicts, could adversely impact our business and that of our existing and prospective customers, which may result in reduced demand for our products; we may not be able to generate sufficient cash to service our indebtedness; covenants in our credit agreement may restrict our operations, and if we do not effectively manage our business to comply with these covenants, our financial condition could be adversely impacted; any cybersecurity-related attack, significant data breach or disruption of the information technology systems or networks on which we rely could negatively affect our business; and changing regulations relating to privacy, information security and data protection could increase our costs, affect or limit how we collect and use personal information and harm our brand. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our filings with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 26, 2025, and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 filed with the SEC on May 8, 2025, as well as any future reports that we file with the SEC. Moreover, you should interpret many of the risks identified in those reports as being heightened as a result of the current instability in market, economic, and political conditions. Forward-looking statements speak only as of the date the statements are made and are based on information available to Sprout Social at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Sprout Social assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

    The MIL Network –

  • MIL-OSI: insightsoftware Unveils New Leadership and Expands Business Unit Model to Accelerate Innovation for the Office of the CFO

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., May 14, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, recently finalized a strategic realignment into four dedicated business units: ERP Reporting & BI, EPM, Controllership, and Data & Analytics. This new structure mirrors how modern finance teams operate, enabling insightsoftware to align with the evolving needs of CFOs and their organizations. By aligning to key functional areas within the Office of the CFO, the company is deepening its market focus, accelerating AI-powered product innovation, and enhancing the customer experience across its global footprint.

    “As we scale and adapt to market demands, we’ve refined our organizational structure to help us move faster and remain close to our customers,” said Mike Sullivan, CEO of insightsoftware. “Expanding to four business units sharpens our focus on innovation, accelerates product development, and creates new opportunities to enhance how we work with customers and partners. Our newly appointed leaders will play a key role in delivering the speed, agility, and insight that today’s CFOs demand.”

    As part of this evolution, insightsoftware is also announcing new Executive Leadership Team members:

    Jennifer Warawa joins as General Manager of the Controllership business unit. With more than 25 years of experience in the Office of the CFO landscape, Jennifer brings a proven track record of operational excellence and customer-centric product development. Most recently, she served as president of North America at QuickFee, a payment technology platform. Prior to that, she held executive roles at Sage, where she focused on commercial strategy, partner development, and driving innovation across global markets. In her new role, Jennifer will oversee the equity management, lease lifecycle management, and tax reporting solutions, enhancing insightsoftware’s ability to deliver trusted and effective solutions for its customers.

    Chad Theule joins insightsoftware as Chief Customer Officer. He is a seasoned executive with more than 25 years of experience in customer success, leadership, and sales. Chad’s background includes serving as Vice President of Go-To-Market success at UKG, where he led initiatives to improve customer outcomes and expand relationships with key partners. At insightsoftware, Chad will focus on enhancing the customer experience, optimizing customer success strategies, and deepening relationships with customers.

    Lindsey Paschal has been promoted to Chief Marketing Officer. Since joining insightsoftware in 2020, Lindsey has been instrumental in shaping and scaling the Marketing organization, most recently as SVP, Global Growth Marketing. She has been a pillar of the department, leading rapid expansion of the team and helping to realign Marketing with the company’s evolving business unit structure. Previously, Lindsey held leadership positions at Relias, a B2B software company serving healthcare organizations, where she led product marketing teams and stood up a corporate marketing function. As CMO of insightsoftware, she will drive global marketing initiatives, focusing on brand growth, customer engagement, and driving impactful results that push the company toward its strategic objectives.

    Finance teams are under immense pressure to make high-stakes decisions with speed and precision. With extensive financial reporting solutions that drive efficiency, ensure compliance, and enhance agility, insightsoftware is empowering teams to build the resilience required to navigate any environment. As insightsoftware continues to scale and innovate, its strategic realignment and leadership appointments strengthen the company’s ability to deliver cutting-edge solutions and exceptional service to the Office of the CFO.

    Learn more about how insightsoftware is redefining the way finance teams operate at insightsoftware.com.

    About insightsoftware
    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    The MIL Network –

  • MIL-OSI: Gregg Wheeler joins TXI as Chief Revenue Officer

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 14, 2025 (GLOBE NEWSWIRE) — TXI, a Chicago-based digital consultancy that helps companies turn complex data into usable digital tools, has appointed Gregg Wheeler as its new Chief Revenue Officer (CRO). Wheeler joins the team as TXI deepens its focus on digital transformation in industrial sectors and the rising demand for data- and AI-driven solutions.

    Wheeler brings more than 25 years of experience leading revenue strategy and business development at consulting and technology firms. He previously held leadership roles at Distillery, Solstice, and Kin + Carta, where he built growth teams, secured multimillion-dollar engagements, and led client partnerships across financial services, manufacturing, logistics, fintech, and agtech.

    As CRO, Wheeler is shaping how TXI brings its work to market. He’s refining sales processes, formalizing business development operations, and helping the company scale in a way that aligns with its approach: collaboratively, cross-functionally, and with long-term client success in mind.

    “Gregg brings the kind of steady, systems-minded leadership that helps teams grow with clarity and intention,” said Mark Rickmeier, CEO of TXI. “He leads our go-to-market strategy, refines sales operations and aligns our growth approach with evolving client needs—helping us scale in a way that stays true to how we work and what we value. That’s especially important as we continue to expand our work in emerging technologies and high-impact data initiatives.”

    Wheeler has worked alongside TXI’s executive team for years and understands how the company solves problems. His collaborative style fits naturally with TXI’s close-knit, high-trust approach to working internally and with clients.

    “What drew me to TXI was the rare combination of purpose, skill, and integrity,” said Wheeler. “It’s a team that tackles complex challenges with care and rigor and values how the work gets done just as much as the outcomes. I’ve respected TXI for years and am excited to help grow the business in a way that stays true to that mindset.”

    Wheeler’s appointment is part of TXI’s broader effort to bring more structure to its growth and modernize industry through data, AI, and emerging tech—while staying true to its founding values.

    About TXI
    TXI is an award-winning digital product agency headquartered in Chicago. For over 20 years, our team of strategists, designers, engineers, and delivery experts have created experience-led data products from concept to execution. Within the manufacturing, logistics, healthcare and education sectors, TXI partners with clients from startups to Fortune 100s to fuel growth by giving users the digital products they want to use. We blend product, design and engineering across web, mobile, IoT, and data into an integrated approach that is critical to our partners’ success. To learn more about TXI, visit txidigital.com.

    Media Contact:
    Rachel Morrison
    Rachel@Propllr.com

    The MIL Network –

  • MIL-OSI: Silynxcom Announces Record Annual Revenue of Approximately $9.1 million in 2024

    Source: GlobeNewswire (MIL-OSI)

    Netanya, Israel, May 14, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, has released its consolidated financial results for the full year period ended December 31, 2024. 

    Key Financial Highlights for 2024:

    • Revenues for the year ended December 31, 2024 increased to a record of $9.1 million, up approximately 18% from the previous year. This growth reflects the Company’s ongoing expansion and product adoption.
       
    • Cash and cash equivalents as of December 31, 2024 totaled $3.2 million.
       
    • Gross profit for the year ended December 31, 2024 amounted to approximately $3.8 million, up 17% compared to $3.2 million from the same period in the previous year.

    Recent Corporate Highlights:

    • On April 2, 2025, the Company announced the closing of underwritten public offering of, for gross proceeds of approximately $2.9 million, before deducting underwriting discounts and offering expenses.
       
    • Entry into drone detection technology- the Company introduced an armored personnel carrier headset that enhances battlefield awareness by detecting drone noise while maintaining hearing protection.
       
    • Received $10 Million in orders from the Israel Defense Forces Since October 7, 2023.
       
    • Asia Pacific Growth- expanded sales operations in the Asia Pacific region.
       
    • Enhanced its position as a market innovator with new orders from militaries, special units and police departments worldwide.
       
    • Advanced its revolutionary in-ear communication solution with real-time vital signs monitoring.
       
    • Successfully completed field trials for its innovative product, aimed at boosting situational awareness and safety for armored personnel carrier crews and other heavy military vehicles, with a military force in Asia.

    The Company has filed its Annual Report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) with the U.S. Securities and Exchange Commission (“SEC”), which can be accessed on its website at https://www.silynxcom.com/. Shareholders may request, free of charge, a hard copy of the Annual Report, which includes Silynxcom’s complete audited consolidated financial statements for the year ended December 31, 2024, by contacting ir@silynxcom.com.

    About Silynxcom Ltd.

    Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

    For additional information about the company please visit: https://silynxcom.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 13, 2025, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Capital Markets & IR Contact

    Michal Efraty
    ir@silynxcom.com

    The MIL Network –

  • MIL-OSI: Form 8.3 – H&T Group Plc

    Source: GlobeNewswire (MIL-OSI)

    Downing LLP
    LEI: 213800G3X76VBG9SB504
    14 May 2025
    Form 8.3 re. H&T Group Plc

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Downing LLP
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a): Client funds managed by Downing LLP
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates: H&T Group Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: n/a
    (e)   Date position held/dealing undertaken: 14 May 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

    Class of relevant security: Ordinary shares 1p
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 874,638 1.99    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 874,638 1.99    

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
           

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
             

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
             

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

    Class of relevant security Nature of dealing Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

    None

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

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 14 May 2025
    Contact name:  
    Telephone number*: 0207 416 7780

    The MIL Network –

  • MIL-OSI: NB Private Equity Limited: Holding(s) in Company

    Source: GlobeNewswire (MIL-OSI)

    TR-1: Standard form for notification of major holdings

    1. Issuer Details
    ISIN
    GG00B1ZBD492
    Issuer Name
    NB PRIVATE EQUITY PARTNERS LIMITED
    UK or Non-UK Issuer
    Non-UK
    2. Reason for Notification
    An acquisition or disposal of voting rights; An event changing the breakdown of voting rights
    3. Details of person subject to the notification obligation
    Name
    Quilter Plc
    City of registered office (if applicable)
    London
    Country of registered office (if applicable)
    United Kingdom
    4. Details of the shareholder
    Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

    City of registered office (if applicable)

    Country of registered office (if applicable)

    5. Date on which the threshold was crossed or reached
    08-May-2025
    6. Date on which Issuer notified
    14-May-2025
    7. Total positions of person(s) subject to the notification obligation

    . % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer
    Resulting situation on the date on which threshold was crossed or reached 9.997996 0.000000 9.997996 4558054
    Position of previous notification (if applicable) 10.002160 0.000000 10.002160  

    8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
    8A. Voting rights attached to shares

    Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
    GG00B1ZBD492   4558054   9.997996
    Sub Total 8.A 4558054 9.997996%

    8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

    Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
             
    Sub Total 8.B1      

    8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

    Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
               
    Sub Total 8.B2      

    9. Information in relation to the person subject to the notification obligation
    2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

    Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
    Quilter Plc Quilter Investors Limited 0.321743   0.321743%
    Quilter Plc Quilter Cheviot Europe Limited 0.331779   0.331779%
    Quilter Plc Quilter Cheviot Limited 8.182416   8.182416%
    Quilter Plc Quilter Cheviot International Limited 1.162057   1.162057%

    10. In case of proxy voting
    Name of the proxy holder

    The number and % of voting rights held

    The date until which the voting rights will be held

    11. Additional Information

    12. Date of Completion
    14-May-2025
    13. Place Of Completion
    London, UK

    The MIL Network –

  • MIL-OSI: Bitget Wallet and Reserve Launch Onchain Index Fund

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 14, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has integrated Reserve’s Decentralized Token Folios (DTFs), introducing a new onchain index fund experience to retail crypto users. DTFs allow users to gain exposure to a diversified set of digital assets through a single token, removing the need to manage multiple positions individually.

    DTFs operate as blockchain-native equivalents to ETFs, offering theme-based portfolios that group tokens from areas like large-cap assets, AI, and emerging blockchain ecosystems. Built on Reserve, these indexes are permissionless, fully self-custodied, and transparently managed by smart contracts. Users can view portfolio composition, performance, and circulating supply directly onchain, and can mint or redeem DTFs at any time—without intermediaries or centralized approval.

    “Our goal with DTFs is to give users a simple and transparent way to gain exposure to key areas of the crypto economy,” said Thomas Mattimore, CEO of ABC Labs, the core team behind Reserve. “Through Bitget Wallet’s integration, we’re making this accessible to a wider user base who may not want to actively manage portfolios but still want to participate in broader market or narrative trends.”

    Developed by Reserve, a decentralized asset platform backed by Coinbase Ventures, Peter Thiel, and Sam Altman, DTFs aim to simplify how crypto users manage diversified exposure. Bitget Wallet currently supports four Reserve-issued DTFs: $BGCI, which tracks the Bloomberg Galaxy Crypto Index; $CLX, focused on the Clanker ecosystem; $ABX, a DAO-governed portfolio of Base chain projects; and $MVTT10F, which tracks the MarketVector Token Terminal Fundamental Index, an index based on fundamentals like fees and user activity. These tokens are now available for purchase and tracking within the Bitget Wallet app.

    “DTFs are part of a broader evolution in how people interact with digital assets,” said Alvin Kan, COO of Bitget Wallet. “As the ecosystem matures, users are looking for tools that offer both simplicity and strategic exposure. Integrating DTFs into the wallet makes this type of investing more accessible — and through this campaign, we aim to accelerate adoption.”

    To introduce the product to more users, Bitget Wallet and Reserve have launched a joint campaign running from May 14 to June 14, 2025, offering $200,000 rewards in USDC. Eligible users who hold DTFs or trade them within the wallet app will qualify for the prize pool, with additional rewards tied to activity levels. The campaign is designed to encourage participation from both first-time and experienced users.

    For more information, visit Bitget Wallet blog.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

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

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

    About Reserve
    Reserve is a free, permissionless platform to create, own, and govern DTFs (Decentralized Token Folios) — index products and asset-backed currencies launched on its protocols. Reserve’s mission is to create a more accessible financial system through decentralized index technology, allowing anyone to build and manage token baskets that work like traditional ETFs but with the benefits of blockchain.

    For more information, visit reserve.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/886abef9-1d57-44e0-88b2-86f4eeba9494

    The MIL Network –

  • MIL-OSI: Primech Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) — Primech Holdings Limited (“Primech” or the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that it has received notice from the Nasdaq Stock Market (“Nasdaq”) on May 13, 2025 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing on The Nasdaq Capital Market. 

    Primech was previously notified by Nasdaq on May 14, 2024 that it was not in compliance with the minimum bid price rule because its ordinary share failed to meet the closing bid price of $1.00 or more for 30 consecutive business days. In order to regain compliance with the Rule, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. This requirement was met on May 12, 2025, the tenth consecutive trading day when the closing bid price of the Company’s ordinary share was over $1.00. Therefore, Nasdaq considers the prior bid price deficiency matter now closed.

    “We are pleased to have regained compliance with Nasdaq’s listing standards,” said Kin Wai Ho, CEO of Primech Holdings Limited. “This reflects the resilience of our business model and the unwavering dedication of our team. We remain focused on our growth initiatives to expand our market presence in the facility services sector, particularly our AI-powered cleaning technologies.”

    About Primech Holdings Limited

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Fiera Capital Corporation announces $60 million bought deal offering of 7.75% Senior Subordinated Unsecured Debentures

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) — Fiera Capital Corporation (“Fiera Capital” or the “Company”) (TSX: FSZ) is pleased to announce that it has entered into an agreement with Scotiabank, CIBC Capital Markets, Desjardins Capital Markets and RBC Capital Markets, as joint bookrunners, on behalf of a syndicate of underwriters which also included National Bank Financial Inc., BMO Capital Markets, TD Securities Inc., Canaccord Genuity Corp., iA Private Wealth Inc. and Raymond James Ltd. (collectively, the “Underwriters”), whereby the Underwriters have agreed to purchase $60 million aggregate principal amount of senior subordinated unsecured debentures due June 30, 2030 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). Fiera Capital has also granted the Underwriters an option to purchase up to an additional $9 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, for a period of 30 days following closing of the Offering. The Offering is expected to close on or about June 3, 2025.

    The Debentures will bear interest at a rate of 7.75% per annum, payable semi-annually in arrears on June 30 and December 31 of each year, with the first interest payment on December 31, 2025. The December 31, 2025 interest payment will represent accrued interest from the closing of the Offering, to but excluding December 31, 2025. The Debentures will mature on June 30, 2030 (the “Maturity Date”).

    The Debentures will not be redeemable prior to June 30, 2028 (the “First Call Date”), except upon the occurrence of a change of control of the Company in accordance with the terms of the indenture (the “Indenture”) governing the Debentures. On and after the First Call Date and prior to June 30, 2029, the Debentures will be redeemable in whole or in part from time to time at the Company’s option at a redemption price equal to 103.875% of the principal amount of the Debentures redeemed plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. On and after June 30, 2029 and prior to the Maturity Date, the Debentures will be redeemable, in whole or in part, from time to time at the Company’s option at par plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. The Company shall provide not more than 60 nor less than 30 days’ prior notice of redemption of the Debentures.

    The Company will have the option to satisfy its obligation to repay the principal amount of the Debentures due at redemption or maturity by issuing and delivering that number of freely tradeable Class A subordinate voting shares (the “Class A Shares”) in accordance with the terms of the Indenture.

    The Debentures will not be convertible into Class A Shares at the option of the holders at any time.

    The net proceeds of the Offering will be used to fund the redemption of the Company’s 8.25% Senior Subordinated Unsecured Debentures due December 31, 2026 (the “2026 Debentures”) that the Company intends to effect on the first call-date, December 31, 2025, and for general corporate purposes. Pending such use, the net proceeds from the Offering will temporarily be used by the Company to reduce indebtedness under the Company’s unsecured revolving credit facility. The foregoing is not a redemption notice with respect to the 2026 Debentures. Any redemption of the 2026 Debentures will be made pursuant to a notice of redemption under the indenture governing those securities.

    The Debentures will be direct, senior subordinated unsecured obligations of the Company which will rank pari passu with one another and will rank (a) effectively subordinate to any existing and future secured indebtedness of the Company but only (other than with respect to the Senior Credit Facilities (as defined in the Indenture)) to the extent of the value of the assets securing such secured indebtedness, (b) subordinate to the obligations under the current and future Senior Credit Facilities (as defined in the Indenture), (c) pari passu with the Company’s existing 2026 Debentures and 6.00% Senior Subordinated Unsecured Debentures due June 30, 2027 and, except as prescribed by law, all existing and future unsecured indebtedness (other than the Senior Credit Facilities) that by its terms is not subordinated in right of payment to the Debentures, including indebtedness to trade creditors, and (d) senior to all existing and future unsecured indebtedness that by its terms is subordinated in right of payment to the Debentures, including any convertible unsecured subordinated debentures which may be issued by the Company in the future. In addition, the Debentures will be structurally subordinated to all existing and future indebtedness and other liabilities of the Company’s subsidiaries.

    A preliminary short form prospectus will be filed with securities regulatory authorities in all provinces of Canada. The Offering is subject to customary regulatory approvals, including the approval of the Toronto Stock Exchange.

    The securities to be offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    Legal advisors

    Legal advice is being provided to Fiera Capital by Fasken Martineau DuMoulin LLP. Legal advice is being provided to the Underwriters by Norton Rose Fulbright Canada LLP.

    Forward-Looking Statements

    This document may contain certain forward-looking statements relating to future events or, future performance reflecting management’s expectations or beliefs regarding future events, including, without limitation, business and economic conditions, outlook and trends, Fiera Capital’s growth, results of operations, performance, business prospects and opportunities, objectives, plans and strategic priorities, new initiatives, such as those related to sustainability and other statements that do not refer to historical facts. In particular, this press release includes forward-looking statements relating to the proposed timing of completion of the Offering and the anticipated use of the net proceeds of the Offering. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. These forward-looking statements may typically be identified by words and expressions such as “assumption, “continue”, “estimate”, “forecast”, “goal”, “guidance”, “likely”, “plan”, “objective”, “outlook”, “potential”, “foresee”, “project”, “strategy”, “target”, and other similar words or expressions or future or conditional verbs (including in their negative form), such as “aim”, “anticipate”, “believe”, “could”, “expect”, “foresee”, “intend”, “may”, “plan”, “predict”, “seek”, “should”, “strive” and “would”.

    Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, which make it possible for actual results or events to differ materially from management’s expectations and that predictions, forecasts, projections, expectations, conclusions or statements will not prove to be accurate. As a result, Fiera Capital does not guarantee that any forward-looking statement will materialize and readers are cautioned not to place undue reliance on these forward-looking statements. These risks include, but are not limited to, the failure or delay in satisfying any of the conditions to the completion of the Offering. Additional factors include, but are not limited to, market and general economic conditions, the nature of the financial services industry, and the risks and uncertainties detailed from time to time in Fiera Capital’s interim condensed and annual consolidated financial statements, and its latest Annual Report and Annual Information Form filed on www.sedarplus.ca. These forward-looking statements are made as of the date of this document, and Fiera Capital assumes no obligation to update or revise them to reflect new events or circumstances.

    About Fiera Capital Corporation

    Fiera Capital is a leading independent asset management firm with a growing global presence. The Company delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle East. Fiera Capital’s depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.

    Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (U.S.), London (UK), Hong Kong (SAR) and Abu Dhabi (ADGM).

    Each affiliated entity (each an “Affiliate”) of Fiera Capital only provides investment advisory or investment management services or offers investment funds in the jurisdictions where the Affiliate is authorized to provide services pursuant to the relevant registrations, an exemption from such registrations and/or the relevant product is registered or exempt from registration.

    Fiera Capital does not provide investment advice to U.S. clients or offer investment advisory services in the U.S. In the U.S., asset management services are provided by Fiera Capital’s Affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC) or exempt from registration. Registration with the SEC does not imply a certain level of skill or training. For details on the particular registration of, or exemptions therefrom relied upon by, any Fiera Capital entity, please consult https://www.fieracapital.com/en/registrations-and-exemptions

    Additional information about Fiera Capital, including its Annual Information Form, is available on SEDAR+ at www.sedarplus.ca

    SOURCE Fiera Capital Corporation

    The information contained in press releases and company news is valid as of the date indicated. You should not assume that statements remain accurate or valid after the date.

    For more information: Analysts and investors, Marie-France Guay, Senior Vice President, Treasury and Investor Relations, Fiera Capital Corporation, 514 294-5878, mguay@fieracapital.com

    The MIL Network –

  • MIL-OSI: Sustain SoCal to Host Agriculture, Food Systems and Waste Stream Innovations event on May 15

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, Calif., May 14, 2025 (GLOBE NEWSWIRE) — via InvestorWire — Sustain Southern California (“Sustain SoCal”) is excited to announce the upcoming Agriculture, Food Systems and Waste Stream Innovations event, scheduled for Thursday, May. 15, 2025 from 1pm to 7pm. The event will take place in person at UCI Beall Applied Innovation, 5270 California Ave # 100, Irvine, CA 92617.

    With the extensive overlap between the themes of Agriculture and Food Systems, as well as Waste and Circularity, these two series are being strategically combined into a single event which will take place on the above mentioned date. The synergistic agenda shall drive comprehensive discussions along the entire spectrum of the supply chain right from agtech, farm to table, packaging innovations, and waste management policy.

    Bringing together renowned experts with decades of combined agriculture, waste management and sustainable circularity experience, this event promises to be a can’t-miss gathering for those interested in ensuring abundant food security, maintaining enviro-human health securing the farming future of the Southern California region, and waste management innovations.

    Recognized pioneers and policy experts from Southern California and surrounding regions will converge to share their invaluable perspectives, practical insights, and vision with attendees across a broad spectrum of areas.

    Speaker sessions and panel discussions shall be primarily explore the following thematic areas:

    1. Urban Agriculture

    Key experts shall discuss fundamental issues such as encouraging locally-sourced food ecosystems including farm-to-table initiatives; developing incentive structures to enable businesses to switch to affordable, eco-packaging; and exploration of ‘beyond the green bin’ end-of-life strategies in the secondary markets.

    Speakers shall delve into Case Study A on AgTech and Soil Health, weaving together issues related to regenerative practices, soil health and agtech advancements.

    2. Combating the “Ick” Factor Associated with SB1383

    One of the key challenges in sustainable waste management is the separation of green waste at the household and business levels. Some of the foremost minds at the intersection of behaviour change and sustainability shall enlighten attendees on designing educational and infrastructure systems that encourage a high-level of compliance to strenghten SB1383 (“California’s Short-Lived Climate Pollutant Reduction Strategy”).

    Moreover, innovations on managing kitchen and bin odors that present a challenge to our cities shall be discussed.

    In a special session, experts from Sustain SoCal and OC Waste and Recycling shall review their findings in the Multifamily Roundtable series.

    Case Study B on SB54 and Regulatory Burdens (“Plastic Pollution Prevention and Packaging Producer Responsibility Act”) shall also be presented, including issues of extended producer responsibility (EPR) and encouraging the streamlining of waste management efforts.

    3. Hazardous Waste Management

    In the third section of the event, invited speakers shall unpack efforts to improve the waste management of dangerous items such as paint and batteries; and share their perspectives on business opportunities in secondary life systems.

    The event also offers attendees a unique opportunity to directly engage with thought leaders and leverage their expertise to better understand cutting-edge concepts, technologies, future market opportunities, products, services, and the regulatory landscape.

    C. Scott Kitcher, President, and CEO of Sustain SoCal, emphasized the importance of the event, stating,

    “We are pleased to offer a new initiative – Agriculture, Food Systems and Waste Stream Innovations which shall provide a new-age forum for industry experts, businesspersons and agricultural enterprises, policymakers and academics. To drive progress on sustainability, it is more important than ever to take a multi-pronged strategy integrating our knowledge of farmers’ challenges, restaurant business practices, technology-enabled sustainability practices, end-of-life strategies, wider educational initiatives and public innovations, and sharpen the design, adoption and implementation of supportive regulatory regimes and outreach activities. At the May event, invited experts will also share their perspectives and practical opportunities on agricultural science, business, behavorial and policy innovation, and sustainable circularity in the farm-to-restaurant supply chain and other secondary waste markets. We would like to extend special thanks to UCI Beall Applied Innovation that have remained incredibly steadfast in their support for our mission for over a decade. Their profound expertise would be a great asset to anyone in the industry making this a must-attend event for farmers, local food service workers and waste management professionals, both in Southern California and beyond.”

    For more information and registration details, visit: https://sustainsocal.org/event/ag-food-waste/.

    About Sustain SoCal

    Sustain SoCal, a non-profit organization, accelerates sustainability and economic growth through innovation, collaboration and education in Southern California. The organization has a ten-year history of exploring and implementing pragmatic, real-world solutions to the challenges created by growth, change and inefficiency. It conducts conferences, workshops and networking events that lead to initiatives that positively impact our region’s economic progress and sustainability. For more information, please visit www.sustainsocal.org.

    About IBN

    IBN consists of financial brands introduced to the investment public over the course of 18+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

    Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.

    For more information, please visit https://www.InvestorBrandNetwork.com

    Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer.

    Corporate Communications

    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: Altura Energy Provides Update on Brokered Private Placement

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

    VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) — Altura Energy Corp. (the “Company”) (TSXV: ALTU), (FRA: Y02.F) is pleased to announce that, further to its news release dated April 15, 2025, it has engaged Haywood Securities Inc. (the “Agent”) to act as the sole agent and bookrunner in connection with a private placement offering of up to 15,000,000 units of the Company (each, a “Unit”) at a price of $0.10 per Unit for gross proceeds to the Company of up to $1,500,000 (the “Offering”).

    Each Unit will consist of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of $0.25 at any time up to sixty months following the Closing Date (as defined herein). In the event that the closing price of the Common Shares on the TSX Venture Exchange (or such other stock exchange the Common Shares may be listed on from time to time) is equal to or greater than $0.75 for a period of twenty consecutive trading days (the “Acceleration Event”), the Company may, within five trading days following the Acceleration Event, upon issuing a news release, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such news release.

    The Company has granted the Agent an option to sell up to an additional 2,250,000 Units at the Issue Price for additional gross proceeds to the Company of up to $225,000, exercisable in whole or in part at any time up to 48 hours prior to the Closing Date.

    The Units to be issued under the Offering will be Offered by way of private placement pursuant to applicable exemptions from the prospectus requirements in each of the provinces of Canada, and in jurisdictions outside of Canada, excluding the United States, mutually agreed by the Company and the Agent, provided that no prospectus filing, registration or comparable obligation arises in such other jurisdiction.

    The Offering is expected to close on or around June 4, 2025 or such other date as agreed upon between the Company and the Agent (the “Closing Date”) and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities to be issued under the Offering will have a hold period of four months and one day from the Closing Date in accordance with applicable securities laws.

    The net proceeds from the Offering will be utilized by the Company to repay existing indebtedness and for working capital and general corporate purposes.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    ABOUT ALTURA ENERGY CORP.

    Altura Energy Corp. is an exploration and production company with interests in the prolific Holbrook basin of Arizona. For more information, please visit SEDAR+ (www.sedarplus.ca).

    FOR FURTHER INFORMATION

    Robert Johnston
    CEO & Director
    +1 604-609-6110

    Forward Looking Statements

    Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

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

    The MIL Network –

  • MIL-OSI: TruGolf Links Signs Newest Franchisee to Begin Developing on Long Island

    Source: GlobeNewswire (MIL-OSI)

    LONG ISLAND, NY, May 14, 2025 (GLOBE NEWSWIRE) — TruGolf Links Franchising, LLC (“TruGolf”), wholly owned by TruGolf Holdings, Inc. (Nasdaq: TRUG), the leading provider of golf simulator software and hardware, announced today the signing of its newest franchisee, Giovanni “Gio” Dinsay. With over 27 years of experience in physical therapy and rehabilitation, Gio has built a reputation as a visionary in the wellness space. His private practice, founded 17 years ago, has grown from a single location to 20 high-performing outpatient clinics on Long Island and in Queens. Known for his deep connections within the orthopedic and chiropractic communities, Gio brings a trusted voice and proven leadership to TruGolf Links’ strategic expansion with the first presence in New York.

    “I’ve always looked for innovative ways to support physical health and performance,” said Dinsay. “Partnering with TruGolf Links allows me to bring that philosophy into an entirely new arena—one that aligns performance, recreation, and rehabilitation in a powerful way.”

    TruGolf Links, known for delivering immersive, high-tech golf simulator experiences, is expanding nationwide through a network of experienced entrepreneurs like Gio. His business acumen, local market expertise, and passion for helping others achieve their best make him the ideal partner to introduce and grow the TruGolf Links presence in Long Island.

    “We’re excited to welcome Gio to the TruGolf Links family,” said Dr. Ben Litaien, CFE, Chief Development Officer at TruGolf Links. “His proven track record in scaling a successful business and his deep roots in the Long Island community make him a tremendous asset to our team.”

    TruGolf Links is transforming the way golf is played, practiced, and enjoyed with state-of-the-art indoor golf simulators that blend realism, technology, and accessibility. With proprietary software, precision tracking systems, and immersive course simulations, TruGolf Links provides a best-in- class experience for everyone—from beginners to PGA professionals. In addition to recreation, TruGolf simulators are also being integrated into health, wellness, and performance training environments, helping individuals improve posture, coordination, strength, and range of motion through the game of golf.

    “We started TruGolf Links because of our passion for golf any time of the year,” said Chris Jones, founder and CEO of TruGolf, Inc. “We need to ensure both owner-operators and investors are supported, and we’ve developed an innovative approach to achieve this by offering a variety of growth paths. We are thrilled to officially hit the ground running with our first-ever franchisee to deliver our tech-forward vision to golfers everywhere.”

    The company is rapidly expanding across the U.S. through a regional developer model, partnering with high-level entrepreneurs and professionals who are aligned with its vision of bringing golf indoors to more communities, more often. The regional developer franchise allows them to build a network of franchise locations in their territory and participate in the revenues generated. The regional developer franchisees are also offered a reseller agreement to represent the full line of TruGolf products in their territory, a unique and unparalleled opportunity.

    For more information about TruGolf Links, visit www.trugolflinks.com or contact Andrew Johnson, Vice President of Franchising at andrewj@trugolflinks.com. Connect on the brand’s social pages by visiting https://www.linkedin.com/company/trugolflinks and/or https://www.facebook.com/trugolflinks/.

    About TruGolf, Inc.

    Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award- winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

    About TruGolf Links Franchising

    While the company offers individual franchises, the focus of its expansion efforts is with Regional Developers who acquire a territory of 1M or more in population, open a flagship location within that territory, then develop the territory with additional units they own or with independent franchisees. Regional Developers are compensated for attracting franchisees and providing support locally to all TruGolf Links locations within their territory. For more information about TruGolf Links franchise program, visit: www.trugolflinks.com/franchising.

    CONTACTS: Brenner Adams
      b@trugolf.com
      (801) 298-1997
      trugolflinks.com

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