Category: GlobeNewswire

  • MIL-OSI: Bitcoin Solaris Mobile Mining Delivers Daily Passive Income with Just a Smartphone

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 12, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris is redefining how users earn passive income in crypto. Through the Nova App — launching soon — anyone with a smartphone can begin mining BTC-S tokens with just a few gigabytes of storage and idle CPU. There’s no technical setup, no staking or delegation, and no need to lock up funds. Simply download, activate, and start earning rewards daily.

    A Simpler, Smarter Approach to Crypto Mining

    Designed with accessibility in mind, Bitcoin Solaris introduces a mobile-first mining model that makes crypto income available to everyone — even those with no prior experience in the blockchain space.

    Key benefits of BTC-S mobile mining:

    • One-click activation: No wallet configuration or mining rig required
    • Daily rewards: Earn BTC-S tokens based on uptime and participation
    • Full liquidity: No locked tokens — users maintain complete access to their assets
    • Scalable ROI: Returns increase with uptime, not token holdings

    A Powerful Infrastructure for Global Adoption

    At the heart of Bitcoin Solaris is a high-performance dual-layer blockchain architecture:

    • Base Layer: Secured by Proof-of-Stake (PoS) and Proof-of-Capacity (PoC)
    • Solaris Layer: Powered by Proof-of-History (PoH) and Proof-of-Time (PoT), enabling 10,000+ transactions per second and 2-second finality

    This layered design supports global scalability while ensuring network integrity, speed, and decentralization — all without compromising the user experience.

    Presale Now Live: Limited Supply, Fixed Emission

    Bitcoin Solaris is modeled after Bitcoin, with a hard cap of 21 million BTC-S tokens and a halving-based emission schedule. The project is currently in Presale Phase 3, where tokens are priced at 3 USDT. Only 4.2 million tokens (20%) are available during the presale. Phase 4 will see the token price increase to 4 USDT.

    Audited and Verified

    To reinforce transparency and community trust, Bitcoin Solaris has completed:

    • Cyberscope Audit
    • Freshcoins Audit
    • Full KYC Verification

    Bitcoin Solaris is building a new standard for mobile-first crypto mining — where passive income is simple, secure, and accessible to all. With no lockups, no technical hurdles, and a smartphone-only setup, BTC-S is putting the power of blockchain in the hands of the everyday user.

    Learn more and join the presale:
    Website: https://bitcoinsolaris.com/
    X: https://x.com/BitcoinSolaris
    Telegram: https://t.me/Bitcoinsolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8c262d47-5dbe-4f63-b719-ea96341e79c4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4ee41e1-029d-4fb2-9d28-e121f6a49e91

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3c16c41-9dcf-440a-b573-75d2536685d8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8b2742df-9ec2-47aa-b344-763b832e1497

    The MIL Network

  • MIL-OSI: Sydbank share buyback programme: transactions in week 19

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 22/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    12 May 2025  

    Dear Sirs

    Sydbank share buyback programme: transactions in week 19
    On 26 February 2025 Sydbank announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    696,000

     

    289,031,550.00

    05 May 2025
    06 May 2025
    07 May 2025
    08 May 2025
    09 May 2025
    12,000
    13,000
    13,000
    14,000
    14,000
    433.74
    428.47
    422.12
    421.07
    417.79
    5,204,880.00
    5,570,110.00
    5,487,560.00
    5,894,980.00
    5,849,060.00
    Total over week 19 66,000   28,006,590.00
    Total accumulated during the
    share buyback programme

    762,000

     

    317,038,140.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank A/S holds a total of 760,964 own shares, equal to 1,48% of the Bank’s share capital. Sydbank A/S had at its disposal, through direct and indirect holdings, 768,839 shares in Sydbank A/S, representing 1.51% of the total share capital of Sydbank A/S.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI: ALR Miner Launches Next-Gen Cloud Mining Platform, Empowering Global Users with Secure and Scalable Crypto Earning Solutions

    Source: GlobeNewswire (MIL-OSI)

    Monmouth, Monmouthshire, May 12, 2025 (GLOBE NEWSWIRE) — ALR Miner celebrates its seventh anniversary and continues to lead the new wave of legal, green, and safe cloud mining. sign up and get $12, with special anniversary benefits for both new and existing users.

    Against the backdrop of the growing maturity of the global blockchain and digital currency industry, ALR Miner, the world’s leading cloud mining platform, celebrates its seventh anniversary today. As a crypto technology company legally registered and compliantly operated in the UK, ALR Miner has always adhered to the core concepts of technology-driven, safety-first, green, and low-carbon since its establishment in 2018, and is committed to providing global users with cloud mining services with low thresholds, stable returns, and controllable risks.

    To celebrate its seventh anniversary, ALR Miner officially launched the “5.18 Anniversary Series of Activities,” launching several limited-time benefits, including a $12 mining experience bonus for new users upon registration, doubled mining rewards for all currencies on the platform, and multiple rewards for inviting friends, etc., to give back to millions of loyal users around the world for their long-term support and trust.

    Legal and compliant, with British qualifications, and global operations
    As a technology-based company headquartered in the UK, ALR Miner was registered and established by ALR FINANCIAL SERVICES LIMITED and provides cryptocurrency cloud computing services by relevant British laws and regulations. The platform also actively responds to the compliance guidelines of major global regulators, including the UK Financial Conduct Authority (FCA), to ensure that the business is stable, safe and transparent.

    ALR Miner has branches or cooperative nodes in many countries and regions around the world, supports multi-currency and cross-time zone operations, and deploys mining resources through green data centres around the world. The platform adopts a high-level security protection system, combined with cold and hot wallet separation and a multi-authentication mechanism to maximise the security of user assets.

    Green and low-carbon, promote a new model of sustainable mining
    At present, the world is highly concerned about the energy consumption and carbon emissions caused by cryptocurrency mining. As an industry pioneer, ALR Miner has completed the transition to a green and clean energy mining model. Most of the computing power resources come from environmentally friendly mines driven by hydropower, wind power, and solar power, especially in Northern Europe, Canada, and other regions. Established green computing power hubs.

    In addition, ALR Miner introduces an AI-driven mining scheduling system to dynamically optimise mining resource allocation, improve energy utilisation, and reduce power consumption to implement the sustainable development vision of the blockchain industry.

    Sign up and get $12 to start your mining journey

    In order to encourage more users to understand the world of digital assets safely and with a low threshold, ALR Miner has launched a new user benefit of $12 for free registration. You can start your mining journey without recharging and automatically generate income every day. Users can choose to participate in mining mainstream currencies such as Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) and easily enjoy the distribution of on-chain income.

    The platform has a simple interface, convenient operation, support for multiple languages and multiple payment methods, and a mobile synchronisation experience, and it is the common choice of novices and senior miners around the world.

    The 5.18 7th Anniversary Celebration is launched, and multiple rewards are given away for a limited time.

    On the occasion of the 7th anniversary of the platform, ALR Miner launched the “5.18 Anniversary Celebration” special feedback event, which covers new and old users. The specific content includes:

    Register to get $12 experience money, and you can start automatic mining income.

    Mining income increase: the income ratio of all currencies during the event is increased to 120% of the original plan.

    Invite friends to enjoy double returns: both the inviter and the invitee can get additional computing power and experience money rewards.

    Exclusive anniversary red envelopes and airdrop activities: covering USDT, FIL, platform tokens, limited NFTsother diverse prizes;

    Limited subsidies for active old users: the platform will count the recharge records of old users and issue anniversary subsidies.

    All activities will last until June 18, 2025. Users can obtain detailed participation methods through the official website or official social platforms.

    Moving towards the future: Building a globally trusted digital asset service platform
    ALR Miner has achieved remarkable achievements in the past seven years – the number of platform users has exceeded 5 million, the cumulative mining income has exceeded US$200 million, and the cooperative mines are spread across Europe, America and Asia. In the future, ALR Miner will continue to deepen its global compliance layout, expand more green energy computing resources, and plan to introduce more intelligent asset management tools to support users to upgrade from “mining income” to “asset appreciation”.

    The person in charge of the platform said: “ALR Miner always adheres to the principles of technology empowerment and user first. In the next five years, our goal is to build a more robust, secure, green and open global digital asset infrastructure network, and truly realize a mining economic ecology that everyone can participate in and everyone can benefit from.”

    About ALR Miner

    ALR Miner is a global cloud mining platform headquartered in London, UK, dedicated to providing one-stop, secure and transparent cryptocurrency mining services to global users. Since its establishment in 2018, ALR Miner has served more than 100 countries and regions around the world and has accumulated more than US$200 million in stable income for users. The platform takes “legality, environmental protection, and efficiency” as its core operation, promotes global users to participate in the digital asset industry more conveniently, and helps the popularisation and implementation of the blockchain ecosystem.

    Media Contact:
    Name: Olivia Miller
    Email: info@alrminer.com
    Address: Singleton Court Business Park, Wonastow Road,
    Monmouth, Monmouthshire, United Kingdom, NP25 5JA
    Web: https://alrminer.com

    Attachment

    The MIL Network

  • MIL-OSI: MaxisIT Evolves to Maxis AI, Launches Enterprise-Ready Agentic AI Platform to Transform Clinical Trials in Pharmaceutical and Life Sciences Industry

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., May 12, 2025 (GLOBE NEWSWIRE) — MaxisIT, a long-recognized provider of clinical data analytics platform for clinical trials, today announced its transformation into Maxis AI. This strategic evolution is marked by the introduction of the company’s innovative Agentic AI Platform, launched with the guiding principle: “Designed to Think. Built to Act.” This initiative signals a new direction for clinical development. As part of this change, Maxis AI’s new platform will support pharmaceutical and life sciences companies in achieving greater efficiency, deeper insights, and accelerated progress.

    Bringing life-saving therapies to patients comes with complexity, rising costs, and lengthy timelines. Maxis AI addresses these challenges with Agentic AI, enabling systems to understand objectives, determine key steps, and execute tasks throughout clinical trials.

    The launch marks a major milestone in the evolution of enterprise AI, an evolution from passive copilots and static chatbots to fully actionable, domain-aware agents that can reason, act, and adapt across complex workflows.

    Built for Enterprise, Tuned for Industry

    Maxis AI’s Agentic AI Platform is designed to meet enterprise requirements from the ground up. Features include:

    • Multi-agent orchestration for automating end-to-end workflows
    • Built-in governance and auditability for compliance with HIPAA, GxP, 21 CFR Part 11, and other regulations
    • Pre-trained industry agents for pharma R&D, regulatory operations, clinical trials, and patient services
    • Ecosystem of 100s of integrations with various third-party systems and data sources

    The core idea behind the Agentic AI platform emphasizes its capacity to lead industry in transitioning from moving from AI that answers… to AI that achieves, thereby speeding up results and supporting more informed decision-making. This platform will be the engine for a collaborative approach where AI agents and human experts work together to coordinate and improve all facets of clinical research.

    “Today signifies an important new direction for our company and, we believe, Scaling Agentic AI in clinical trials isn’t just a tech lift, it’s an organizational evolution,” said Moulik Shah, CEO of Maxis AI. “Our transition to Maxis AI and our platform vision, ‘Designed to Think. Built to Act.,’ highlight our commitment to innovation. We empower partners to steer through clinical trials with greater agility, deeper insights, and streamlined processes to accelerate progress.”

    Proven Results in Pharma and Healthcare

    Maxis AI has already piloted its platform with early adopters in the pharmaceutical and healthcare sectors. In a recent deployment with a large pharma organization, AI agents built on the platform demonstrated significant proof of value. Another implementation at a CRO organization improved site monitoring, reducing turnaround time from days to mins in detecting and addressing compliance issues.

    “We’ve seen strong early validation: our AI agents are helping organizations operationalize AI—not just as a prototype, but in production environments. Whether it’s a clinical data agent or a site monitoring agent, we’re seeing measurable proof of value within weeks of deployment,” said Nicole Powell, Senior Vice President, Business Development at Maxis AI.

    The Maxis AI Platform will enhance its suite of trusted solutions, including CTRenaissance® Clinical Data Analytics, while ensuring seamless interoperability with other clinical data platforms. This supports a smooth transition for clients and a unified industry offering. Its core INSPIRE values –Innovation, Security, Precision, Transparency, Integrity, Diversity, and Excellence – will continue guiding the development of responsible technology solutions.

    About Maxis AI

    Maxis AI (formerly MaxisIT) is focused on transforming drug development through the power of intelligent technology. With its forward-thinking “Maxis AI – Drug Development Agency” model and its Intelligent Platform “Designed to Think. Built to Act.,” the company helps pharmaceutical, and life sciences organizations achieve smarter, faster insights and more effective processes for superior clinical outcomes. Drawing on over 20 years of industry experience and a comprehensive suite of solutions, Maxis AI is committed to accelerating the delivery of life-saving therapies. Headquartered in Edison, NJ, Maxis AI is committed to innovation, precision, and integrity in advancing clinical trials. Explore the future of clinical development at www.maxisai.com.

    Contact Information:

    Nicole Powell
    SVP, Business Development
    Nicole.P@maxisit.com

    Moulik Shah
    CEO
    MShah@maxisit.com

    Press/Media Contact:
    Sneha Gupta
    Associate Director, Corporate Communications and Marketing
    Sneha.Gupta@maxisclinical.com

    The MIL Network

  • MIL-OSI: BOS Secures Orders for Two New Robotic Packing and Palletizing Systems from Food Manufacturing Customers in Israel

    Source: GlobeNewswire (MIL-OSI)

    RISHON LE ZION, Israel, May 12, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), an integrator of supply chain technologies, is pleased to announce that it has secured new orders from two food manufacturing customers for automated end-of-line systems.

    The orders, which will be installed at manufacturing sites in Israel and represent a combined value of approximately $270,000, are the result of close collaboration between BOS’s RFID and Intelligent Robotics divisions to provide a fully integrated solution.

    The systems leverage BOS’s expertise in end-of-line automation for critical yet repetitive tasks such as automatic carton erection, robotic enabled printing and attaching of labels, automatic box sealing and robotic arm palletizing of boxes for bulk shipment.

    Eyal Cohen, CEO of BOS, stated, “End-of-line processes are a major bottleneck in production and often involve extensive manual labor. Automating these processes is crucial as manufacturers seek to increase capacity and reliability, especially in regions where workforce availability may be limited.

    “Each of these orders is from a customer with multiple sites, which we hope will lead to additional opportunities to implement these same end-of-line solutions to enhance operating efficiency and reduce costs in their other facilities.”

    BOS will report its first quarter 2025 results on May 29, 2025.

    About BOS Better Online Solutions Ltd.

    BOS integrates cutting-edge technologies to streamline and enhance supply chain operations across three specialized divisions:

    • Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.
    • RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.
    • Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing innovative solutions.

    For more information on BOS Better Online Solutions Ltd., visit boscom.com

    Safe Harbor Regarding Forward-Looking Statements

    The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, changes in trade policies and tariffs, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up with or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the war against the Hamas and other parties in the region, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

    For additional information, contact:

    Matt Kreps, Managing Director
    Darrow Associates
    +1-214-597-8200
    mkreps@darrowir.com

    Eyal Cohen, CEO
    +972-542525925
    eyalc@boscom.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d18ba59c-1adf-4773-911b-bae9456c2a5b

    The MIL Network

  • MIL-OSI: CBAK Energy to Report First Quarter 2025 Unaudited Financial Results on Monday, May 19, 2025

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 12, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy”, or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025 on Monday, May 19, 2025, before the U.S. market opens. The earnings results will be available on the Company’s Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

    CBAK Energy’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, May 19, 2025 (8:00 PM Beijing/Hong Kong Time on May 19, 2025).

    For participants who wish to join our call online, please visit: 

    https://edge.media-server.com/mmc/p/wfu5unoh

    Participants who plan to ask questions at the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin and an email with detailed instructions.

    Participant Online Registration: 

    https://register-conf.media-server.com/register/BIb49b754e574a43e68068965ba0234966

    Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

    A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/wfu5unoh

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are 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. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    The MIL Network

  • MIL-OSI: Paytronix Upgrades In-App Navigation for Guests with Interstitials, Deep Linking Messages

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass., May 12, 2025 (GLOBE NEWSWIRE) — Paytronix, the leader in guest engagement for restaurants and convenience stores, today announced the launch of two new features to its branded mobile app: interstitial messages and deep linking push and pull messages. The new features will enable hospitality and convenience brands of all sizes to respond to guests’ preference for digital engagement and mobile app use with more sophisticated messages as well as a more streamlined user journey for push/pull message promotions.

    “Brands are increasingly turning to mobile apps as an effective channel for both messaging and advertising. Conversely, guests prefer to share information via digital engagement. Interstitial ads allow them to light up this channel with full-screen images, text and video content that really drive campaign results,” said Alison Evers, mobile products manager, Paytronix, an Access Group Company. “Deep linking takes the benefits of interstitials even further by allowing brands to directly take customers anywhere within their app. Each second with a guest counts; these updates aim to make it easier for brands to drive customer actions.“

    Campaign Based Interstitials
    Interstitials add a key communication option beyond push and pull messages to reach mobile app users and drive engagement and revenue. Through in-app pop ups, interstitials ensure high visibility on key campaigns and meet guest preferences for digital engagement. Increased in-app activity will be realized through easy navigation and guest communications for menu, deals and incentives.

    Deep Linking Push & Pull Messages
    In the past, brands could direct guests to the dashboard of their app with push messages or link to surveys in the app with pull messages. Now, with deep linking, brands can provide access to specific spots within their apps and ensure their guests are seeing and able to easily access information. Whether it’s promoting a new seasonal menu item, directing traffic to redeem rewards or promoting in-app e-gift purchases, deep linking empowers brands to:

    • Increase mobile ordering through fast and easy navigation to menu, deals and incentives;
    • Drive in-app engagement by directing their guests exactly where they need to go to find information;
    • Eliminate guess work on the guest side and improve their experience by maximizing impact communications.

    Learn more about the Paytronix mobile app.

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

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

    The MIL Network

  • MIL-OSI: ASUS Republic of Gamers Strengthens Partnership with Team NRG

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — ASUS Republic of Gamers (ROG) and NRG today announced the expansion of their partnership. NRG, an American esports team, will benefit from a full range of ROG laptops, desktops, and handheld gaming devices — equipping them with leading hardware on their road to excellence and success.

    “NRG is a massive force in esports, and we’re proud to expand our partnership to include ROG’s latest laptops, handhelds, and desktops,” said Galip Fu, Director of Marketing for Systems at ROG. “We look forward to building the future of esports together, powered by innovation and the drive to win.”

    Andy Miller, co-founder and CEO of NRG, remarked, “ROG has been an exceptional partner of NRG for the last few years. We are proud to extend our relationship with ROG beyond peripherals to encompass their high-powered PCs, laptops, and handheld devices to ensure that our esports athletes have the best equipment possible to compete at the highest level.”

    Equipped for victory

    Continuing their shared commitment to performance excellence, ROG will equip NRG players with several new ROG models, including:

    • ROG Strix SCAR 18 (2025): Featuring an Intel® Core Ultra 9 275HX 2.7 GHz processor and up to a NVIDIA® GeForce RTX 5090 Laptop GPU with 24GB GDDR7 VRAM — guaranteeing top all-around performance.
    • ROG G700 (2025): Featuring an Intel Core Ultra 9 285K processor and a ROG GeForce RTX 5090 graphics card with 32GB GDDR7 VRAM — pushing performance boundaries to deliver an uncompromising gaming and creative experience.
    • ROG Ally X: Powered by the AMD Ryzen Z1 Extreme processor, this Windows handheld allows gamers to take their entire library on the go.

    Thanks to this continued collaboration, NRG team members will benefit from cutting-edge gaming hardware designed and tested to meet the demands of the highest competitive level. These devices offer unrivalled processing power, ultrahigh refresh rates, and minimal latency, guaranteeing maximum precision and responsiveness every time.

    The partnership with NRG marks a further step in ROG innovation, offering professional and amateur gamers an increasingly immersive and high-performance gaming experience.

    A commitment to the esports community

    In addition to the players’ hardware, the collaboration also includes exclusive YouTube content featuring the players and their ROG devices, allowing fans to see firsthand the success of the NRG team.

    By joining forces, ROG and NRG are sending a strong message that esports is a fast-growing, innovative sector, offering a wealth of opportunities for brands. This partnership aims to unite millions of fans around the world and offer high-impact activations, captivating content, and unique experiences.

    PRICING & AVAILABILITY

    The high-performance gear powering the NRG team — including the ROG Strix SCAR 18 (2025) laptop, ROG G700 desktop, and ROG Ally X gaming handheld — is available in multiple configurations on the ASUS Store and at select retailers.

    Please contact your local ASUS representative for further information.

    NOTES TO EDITORS

    Where to buy links:

    Team NRG: https://www.nrg.gg/pages/about

    2025 ROG Gaming Laptops: https://rog.asus.com/content/2025-rog-gaming-laptops/

    ROG Facebook: https://www.facebook.com/asusrog

    ROG X (Twitter): https://www.x.com/asus_rog

    ASUS Pressroom: http://press.asus.com

    ASUS Global Facebook: https://www.facebook.com/asus

    ASUS Global Twitter: https://www.x.com/asus

    About ROG

    Republic of Gamers (ROG) is an ASUS sub-brand dedicated to creating the world’s best gaming hardware and software. Formed in 2006, ROG offers a complete line of innovative products known for performance and quality, including motherboards, graphics cards, system components, laptops, desktops, monitors, smartphones, audio equipment, routers, peripherals and accessories. ROG participates in and sponsors major international gaming events. ROG gear has been used to set hundreds of overclocking records and it continues to be the preferred choice of gamers and enthusiasts around the world. To become one of those who dare, learn more about ROG at http://rog.asus.com.

    About Team NRG

    NRG is a professional gaming and entertainment company renowned for its championship teams and innovative gaming lifestyle content. As the highest viewed gaming organization in North America, NRG continues to lead the industry with its engaging, authentic, and original gaming content.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0bb2f2a3-997e-4564-8915-58f76dc90483

    The MIL Network

  • MIL-OSI: IT Nation Announces PitchIT Class of 2025 Contestants

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., May 12, 2025 (GLOBE NEWSWIRE) — IT Nation, a global community of peers, thought leaders, and experts dedicated to elevating the IT ecosystem to new heights, is pleased to announce the companies selected to compete in the PitchIT program. Established in 2018, PitchIT is a startup incubation competition that allows innovators to showcase potential offerings that can be built or integrated into the ConnectWise ecosystem. The competition aims to improve the efficiency, profitability, and security of ConnectWise’s partner base. By fostering collaboration and investment in partner growth, PitchIT facilitates faster innovation and synergies between ConnectWise and its partners, ultimately driving the advancement of ConnectWise partners.

    The selected start-ups will participate in a 16-week business transformation course, co-marketing efforts with IT Nation through webinars aimed at the managed service provider (MSP) space. To increase partner visibility, participating companies will be listed on the ConnectWise Marketplace and participate in various awareness activities, where they will have the opportunity to grow their MRR by up to 50%, increase lead generation by 40% and shorten sales cycles by 30%.

    Over 75 companies from more than 10 different countries have participated in PitchIT since 2018. The following 24 companies have been selected as the 2025 class:

    1. ABC Solutions LLC
    2. AP2T Labs
    3. BlackSmith InfoSec
    4. Cavelo
    5. ChannelFalcon
    6. Everykey
    7. GetinSync
    8. Giant Rocketship
    9. Hirexe
    10. HitWit
    11. Mizo
    12. MSPX
    13. Nayak
    14. P2P Global
    15. Palisade Technology
    16. Plumber
    17. Smart Eye Technology
    18. Strategy Overview
    19. TheComplianceAide
    20. ThreatCaptain
    21. Threatmate
    22. TurboDocx
    23. TopLeft Technologies
    24. Xamplify

    Throughout the competition, thought leaders within the MSP space will serve as “Cameo Coaches” to provide guidance and feedback to participating companies. The judges will evaluate each solution based on product innovation, value proposition, go-to-market strategy, contribution to the industry, and likelihood of success in order to narrow down the three finalists.

    “In the rapidly transforming MSP space, innovation is crucial, and PitchIT participants are a critical piece in supporting such transformation,” said Sean Lardo, IT Nation Communities vice president. “We are incredibly excited to announce this year’s PitchIT cohort and look forward to introducing this year’s solutions to our community at IT Nation Connect in November.”

    The finalists selected from this group will be invited to present their solutions on the center stage at IT Nation Connect, held November 5-7, 2025. The first-place winner will receive $70,000 in prize money and the second-place winner will receive $30,000.

    “The PitchIT program gave us the platform to speak up about a problem the market is ignoring,” said Zach Kromkowski, co-founder of Senteon Managed Endpoint Hardening and 2024 PitchIT first-place winner. “It was an incredible chance to sharpen our message, improve our speaking skills, and connect with partners who share our vision. Opportunities like this remind us why we keep pushing forward. PitchIT doesn’t just support early-stage companies, they prepare them for the realities of entrepreneurship.”

    About IT Nation
    The IT Nation is a vibrant and inclusive community that brings together the brightest minds from Managed Solution Providers (MSPs) and IT channel vendors worldwide. Our shared culture, rooted in the Go-Giver philosophy, enables us to harness collective wisdom for mutual growth. Our mission is to empower individuals who align with this worldview by providing purpose-built tools and success frameworks. These resources are designed to help our members define goals, create strategic plans, and execute with precision. At IT Nation, we are dedicated to cultivating an environment where innovation, education, planning, accountability, and celebration serve as the pillars of success. The IT Nation inspires excellence, collaboration fuels advancement, and shared success drives us toward our mission: Wise Together, Rise Together. Learn more at theitnation.com.

    Media Contact
    Keith Giannini
    connectwise@inkhouse.com

    The MIL Network

  • MIL-OSI: Nokia delivers advanced tactical private wireless solutions to Marine Corps Tactical Systems Support Activity (MCTSSA)

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia delivers advanced tactical private wireless solutions to Marine Corps Tactical Systems Support Activity (MCTSSA)

    • Enhanced battlefield connectivity with Nokia Banshee tactical private wireless solutions
    • Supporting Marine Corps modernization efforts with resilient, high-speed communications
    • Providing hands-on training for seamless deployment and operational success

    12 May 2025
    Chantilly, Virginia – Nokia today announced that it has delivered its Banshee tactical private wireless solutions to the Marine Corps Tactical Systems Support Activity (MCTSSA), reinforcing the U.S. Marine Corps’ commitment to provide seamless, secure, and resilient communications for tactical operations. This milestone builds upon years of collaboration between Nokia and the Marine Corps in testing and refining next-generation communication capabilities to support critical operational needs.

    In 2023, Nokia and the Marine Corps conducted a two-day proof-of-concept at Marine Corps Air Station Yuma, validating Banshee’s ability to deliver secure, high-capacity tactical communications beyond expectations. That same year, Nokia and MCTSSA partnered at Project Convergence to showcase Banshee’s effectiveness in denied, disrupted, intermittent, and limited (DDIL) environments. These demonstrations reinforced its role in enabling resilient, high-speed connectivity across joint warfighting networks.

    Following these findings, MCTSSA acquired multiple Banshee units in early 2025 for further evaluation and integration into Marine Corps exercises. To support seamless deployment, Nokia provided hands-on training to MCTSSA and other Marine Corps units, covering private wireless network operations, setup, troubleshooting, and live demonstrations of Banshee’s capabilities.

    “Banshee is a game-changer for the warfighter, providing the Marine Corps with a powerful, scalable private wireless solution that meets the demand of modern warfare. We are honored to support MCTSSA and the Marine Corps as they modernize battlefield connectivity while enhancing operational efficiency and resilience,” said Scott Ferguson, Chief Revenue Officer, Nokia Federal Solutions.

    “High bandwidth, low latency transport is critical for sensor-to-shooter integration, enabling real-time data flow from sensors to weapon systems. This ensures precise, timely strikes, maintaining battlefield advantage. Even slight delays can jeopardize missions, making robust connectivity a strategic necessity for lethality and adaptability in modern warfare,” said Capt. Eric Perez, MCTSSA Cyber Network Operation Officer.

    The Nokia Banshee family delivers a high-speed, long-range, and secure tactical communication solution designed for rapid deployment in demanding environments. As a cost-efficient, commercial off-the-shelf (COTS) system, it leverages industry R&D investments to provide a scalable alternative to traditional Marine Corps communications. With its lightweight, easy-to-use design and advanced security, Banshee ensures resilient, mission-critical connectivity while significantly reducing costs, aligning with MCTSSA’s vision for modernizing battlefield communications.

    Multimedia, technical information, and related news
    Web Page: 5G tactical private wireless
    Press release: Nokia launches the 5G Banshee Flex Radio: a revolutionary mobile broadband edge network for modern battlefield communications

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

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

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

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

    Nokia Federal Services
    Jacqueline Lampert
    Email: media@nokiafederal.com  

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network

  • MIL-OSI: Federal Home Loan Bank of Atlanta Issues Impact and Affordable Housing Advisory Council Report

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 12, 2025 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) released its Impact and Affordable Housing Advisory Council (AHAC) Report, describing the organization’s highest year of funding to date for affordable housing and community development. The report also outlines the widespread reach of FHLBank Atlanta’s lending products for member institutions and the community investment programs positively impacting its district in 2024.  

    “We are proud of our work to provide nearly 800 financial institutions with access to funding to support local lending for small businesses, mortgages, and community development projects,” said Kirk Malmberg, president and CEO of FHLBank Atlanta. “Additionally, each year we work with members to ensure we offer affordable housing grant programs that address current needs. For 2024, this resulted in the introduction of Workforce Housing Plus+, a new initiative to provide downpayment assistance to a broader population of borrowers challenged by the rising cost of homes and high interest rates.”

    In total, FHLBank Atlanta contributed a record $120 million in grants for affordable housing and community development in 2024. Additional highlights of the report include:

    • $55 million distributed through the Affordable Housing Program (AHP) General Fund, supporting 66 projects that will create or rehabilitate more than 4,200 affordable housing units
    • $40 million distributed through the AHP Homeownership Set-aside Program, providing homeownership grants to more than 3,000 households for downpayment, closing cost, and home rehabilitation assistance
    • $20 million distributed through the Workforce Housing Plus+ program, providing downpayment and closing cost assistance to more than 1,300 households
    • $5.9 million in total allocated to 21 organizations addressing heirs’ property issues to help more than 5,000 families protect their assets and build generational wealth
    • $1 billion in Community Investment Program advances to support housing and economic development
    • $250,000 donated to the American Red Cross for recovery efforts following Hurricane Helene
    • 48 forums attended to promote financial literacy and homeownership knowledge sharing across the FHLBank Atlanta district

    The report also highlights FHLBank Atlanta’s culture of giving back, including its ongoing Community Involvement program and volunteerism efforts.

    “FHLBank Atlanta continues to remain a reliable source of lending for members, allowing us to deliver on our purpose of earning trust, building relationships, and bettering lives,” said Tomeka Strickland, senior vice president and director of community investment services of FHLBank Atlanta. “The record amount of grant funding we distributed last year is a direct reflection of our collaboration with members and commitment to our communities, and we look forward to strengthening these partnerships in 2025 to continue investing in the neighborhoods our members serve.”

    About Federal Home Loan Bank of Atlanta
    FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank is a cooperative whose members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System (FHLBank System). Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. 
    For more information, visit our website at www.fhlbatl.com.

    Contact: Sheryl Touchton
    Federal Home Loan Bank of Atlanta
    stouchton@fhlbatl.com

    The MIL Network

  • MIL-OSI: Best Antivirus Software (2025): ESET Recognized as Top Cybersecurity Solution by Software Experts

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK CITY, May 12, 2025 (GLOBE NEWSWIRE) — The recognition comes amid an increase in phishing attacks, ransomware activity, and zero-day exploits that have placed new demands on antivirus software. Analysts emphasized the need for security tools that balance real-time defense with system performance, and cited ESET’s consistent delivery on both fronts.

    Top Antivirus Software

    • ESET – efficient, reliable antivirus protection tailored for today’s evolving digital threats with minimal system impact and advanced threat detection built for both home and business environments

    Recognized for Threat Prevention and System Efficiency

    ESET’s cyber security offerings have gained attention for its ability to detect and block a broad range of threats without slowing down device operations. It uses heuristic analysis, behavioral detection, and a cloud-based reputation system to assess potential threats before they can execute.

    Key technical features noted in the 2025 evaluations include:

    • Heuristic and Behavioral Detection: Identifies and neutralizes threats by monitoring file behavior, helping intercept malware before damage occurs.
    • Ransomware and Phishing Protection: Prevents unauthorized encryption of files and blocks fraudulent websites aimed at stealing user data.
    • Exploit Blocker and Device Control: Targets methods attackers use to gain access through third-party applications and removable media.
    • Low Resource Usage: Runs quietly in the background with minimal impact on system speed, making it suitable for gaming, creative, or high-performance workflows.
    • Layered Security Approach: Combines multiple detection technologies including real-time scanning and machine learning, for more accurate results.

    This balance of performance and protection has made ESET a consistent choice for users who need reliable coverage without interference.

    Use Across Home and Business Environments

    ESET’s recognition in 2025 extends beyond individual users. The company offers a range of solutions designed for small businesses and enterprise networks, built on the same antivirus engine that powers its home products.

    Home users can choose from three core options:

    • ESET HOME Security Essential: Core antivirus and anti-malware protection with features like real-time threat detection, ransomware shield, and anti-phishing.
    • ESET HOME Security Premium: Adds advanced tools such as password management and sensitive data protection.
    • ESET HOME Security Ultimate: Includes all features from the Premium tier, plus identity protection and unlimited VPN for added online privacy.

    Small businesses have access to ESET Small Business Security, a package designed for up to 25 devices. It supports centralized management via the ESET PROTECT console and works across Windows, macOS, and Android devices.

    Larger organizations use the ESET PROTECT platform to secure thousands of endpoints. Available features include full disk encryption, email security, and advanced threat detection. Optional services such as managed detection and response (MDR) provide additional coverage for companies with more complex security requirements.

    All of ESET’s business solutions are designed to be scalable and configurable, offering flexibility as organizations grow or shift.

    Transparent Pricing and Flexible Options

    ESET’s pricing model allows users to select the level of protection and coverage that suits their needs. For home users in the U.S., current pricing is:

    • ESET HOME Security Essential: starts at $59.99/year
    • ESET HOME Security Premium: starts at $69.99/year
    • ESET HOME Security Ultimate: starts at $179.99/year

    Multi-device and multi-year discounts are available. Business pricing varies depending on the number of devices and desired features, with quotes provided for customized deployments.

    Free trials are available for home products, and business users can request demos of ESET’s enterprise platform.

    Global Reach and Real-Time Threat Intelligence

    ESET operates in more than 200 countries and territories, serving tens of millions of users worldwide. The company leverages a global network of threat sensors that feed real-time intelligence into its malware research centers. This enables faster detection of emerging threats and allows ESET to update its protection systems quickly and continuously.

    The company’s layered security model combines traditional signature detection with newer technologies such as cloud-based analysis and machine learning. This approach helps reduce false positives while maintaining strong protection against evolving attack vectors.

    ESET’s placement among the top antivirus software solutions of 2025 reflects the company’s continued focus on practical, effective digital security. From its lightweight NOD32 Antivirus and HOME Security software to its enterprise-scale protection tools, ESET offers consistent performance and adaptability across user types.

    As cybersecurity risks continue to shift, ESET remains a trusted option for individuals, startups, and large organizations seeking dependable protection without unnecessary system overhead.

    The full article can be viewed at SoftwareExperts.org.

    About ESET

    ESET is a global leader in digital security, dedicated to developing advanced cybersecurity solutions that protect millions of users and businesses in over 200 countries and territories. Since its founding in 1992, ESET has focused on creating innovative, research-driven technologies that detect and prevent a wide range of digital threats. The company’s antivirus and endpoint protection products are known for their high detection rates, low system impact, and proactive multilayered defense. With headquarters in Slovakia and a strong global presence, ESET continues to invest in cutting-edge threat intelligence, research, and education to help people and organizations stay safe in an increasingly complex digital world.

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

    The MIL Network

  • MIL-OSI: AnyTech365 Announces Termination of Cooperation with J. Streicher

    Source: GlobeNewswire (MIL-OSI)

    MARBELLA, Spain, May 12, 2025 (GLOBE NEWSWIRE) — AnyTech365 announces today the termination of any cooperation with J. Streicher and brings to a close our current IPO effort.

    This decision follows a period during which J. Streicher failed to deliver on key commitments and were unable to raise the capital required to move the IPO process forward. Despite extended timelines and repeated assurances, the necessary progress was not achieved.

    Additionally, recent macroeconomic headwinds have led many companies to delay or suspend IPO plans. AnyTech365 believes that continuing to pursue the public markets at this stage, particularly by seeking a replacement M&A advisor, would be misaligned with current market sentiment and investor appetite.

    We will continue to explore opportunities to raise capital that support our long-term vision. This includes accelerating AI integration across our operations and products, pursuing strategic acquisitions within the AI sector, and capitalizing on the strong pipeline of growth opportunities we have cultivated.

    AnyTech365 remains confident in its direction and the strength of its business, and we thank our stakeholders for their continued trust and support.

    About AnyTech365

    AnyTech365 is a leading European IT Security company, leveraging the latest advancements in Artificial Intelligence (AI) technology to create cutting-edge security products and services, enhance device security, and elevate the way people experience technology.

    To learn more, visit www.anytech365.com

    Contacts:
    Investor Relations & Media Contacts
    Email: investorrelations@anytech365.com

    Source: AnyTech365

    The MIL Network

  • MIL-OSI: Fixing Political Conversations in America: Meet the App Replacing Conflict With Connection

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) — In a world where political conversations too often spiral into division, the new Sandbox app offers something rare: a safe, structured space for thoughtful dialogue where both sides are heard — without the finger-pointing. Born from the tension and eventual transformation of a father-daughter relationship nearly torn apart by politics, Lee Prosch and his daughter, Libby, created this first-of-its-kind app to redefine how Americans engage with others who see the world differently. Rather than avoiding difficult topics like tariffs, immigration, border control, abortion, climate change and so much more, Sandbox is tackling them head on.

    America’s Losing Its Mind Over Politics
    Politics has become the ultimate stress test on relationships — with 62% of Americans calling it a major source of anxiety, according to the APA. A study by More in Common found 77% of Americans believe that despite our differences, we can still come together, while only 23% think the divide is too wide for us to work together anymore. From family dinner blowups to friend group implosions, the emotional toll is real. But instead of unplugging completely or yelling into the void, Sandbox offers a third option: structured, one-on-one conversations between people who see the world differently — but are willing to talk it out.

    Born From a Family Meltdown
    The idea sparked after co-founders Libby and Lee Prosch watched their own family unravel over heated debates about COVID, climate change and other third-rail topics. After one especially tense Thanksgiving dinner turned into a full-on battleground, they stopped talking politics altogether — even keeping a “freakout jar” that collected donations anytime discussions got heated. But the silence just made it worse.

    “It eventually got to a point where our family avoided certain topics altogether — and that avoidance just made us feel further apart than we really were,” said the younger Prosch. “So we built a space where people could hear each other out, without trying to change each other’s minds.”

    7 Days to Productive Political Conversations
    Here’s how Sandbox works:

    • Sunday: Complete a short survey, responding to 5 assertions on a new political topic every week. The assertions represent the spectrum of how people think about the topic. Get matched with someone who answered differently — not wildly, but just enough to make it interesting.
    • Monday – Friday: Take turns responding to quotes on daily topics, then replying to each other’s comments.
    • Saturday: Open chat. Say what’s on your mind, respectfully.
    • All chats are archived. Trolls are reported. Simple.

    And yes, people are talking — about DEI, gender and immigration, and they’re actually listening.

    “We’re seeing people take each other seriously. They might freak out when they first make contact with an idea they disagree with, especially on a topic they really care about,’” said Lee Prosch. “But at the end of the week, most of the feedback for partners is positive, even when they disagree vehemently.”

    What’s Coming Next: Is President Trump really a Fascist? (Yep, We’re Going There)
    Each week’s topics are curated by Sandbox’s editorial team to reflect what’s happening in the real world. The week of May 18 we’re diving straight into the debate around Trump and fascism. Not to fight — to help each other find out what we’re missing.

    To join that conversation, users must sign up by Sunday, May 17, and complete the in-app survey. The app is totally free and available on iOS and Android.

    Inside the Sandbox
    Every Monday, users get a peek behind the curtain to find out how things went for the whole Sandbox community, like what ideas were considered reasonable differences of opinion and which ones were beyond the pale.. Because this isn’t just talk — it’s insight into what Americans actually think when they stop yelling and start listening.

    Ready to Try a Different Kind of Political Conversation? Get started at www.sandbox.app.

    Download press materials here.

    About Sandbox
    Sandbox is an app for one-on-one political conversations. It’s designed for people who may not see eye-to-eye on politics, but want to engage without exploding. With structured dialogue, curated content and a weekly rhythm, it’s helping people across the spectrum talk like humans again — one real conversation at a time.

    Media Contact
    Bethany Rhodes
    Uproar by Moburst for Sandbox
    bethany@moburst.com

    The MIL Network

  • MIL-OSI: REMINDER: Boralex will release its 2025 first quarter financial results on May 14, at 9 a.m.

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9 a.m.

    Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

    Date and time

    Wednesday, May 14, 2025, at 9 a.m. ET

    To attend the conference

    Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2 

    To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

    Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until May 14, 2026.

    The financial information will be released through a press release and on Boralex’s website on May 14, 2025, at 7 a.m.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. Our pipeline of projects and growth path total over 78GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.  

    For more information

    MEDIA INVESTOR RELATIONS
    Camille Laventure
    Senior Advisor, Public Affairs and External Communications

    Boralex Inc.

    438-883-8580
    camille.laventure@boralex.com

    Stéphane Milot
    Vice President, Investor Relations and Financial Planning and Analysis

    Boralex Inc.

    514-213-1045
    stephane.milot@boralex.com

    Source: Boralex inc.        

    The MIL Network

  • MIL-OSI: Orbit International Corp. Reports 2025 First Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    First Quarter 2025 Net Loss of $2,152,000 ($0.65 loss per share) v. Net Loss of $751,000 ($0.22 loss per share) in Prior Year Comparable Period

    First Quarter 2025 EBITDA, as adjusted, was a loss of $1,949,000 ($0.59 loss per share) v. loss of $551,000 ($0.16 loss per share) in Prior Year Comparable Period

    Backlog at March 31, 2025 was $13.3 million compared to $12.0 million at December 31, 2024

    HAUPPAUGE, N.Y., May 12, 2025 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT) today announced results for the first quarter ended March 31, 2025.

    First Quarter 2025 vs. First Quarter 2024

    • Net sales were $4,726,000, as compared to $6,175,000.
    • Gross margin was 12.4%, as compared to 30.8%.
    • Net loss was $2,152,000 ($0.65 loss per share), as compared to a net loss of $751,000 ($0.22 loss per share).
    • Earnings before interest, taxes, depreciation and amortization, fair value adjustment on contingent liabilities and other non-current liability, and stock-based compensation (EBITDA, as adjusted) was a loss of $1,949,000 ($0.59 loss per share), as compared to a loss of $551,000 ($0.16 loss per share).
    • Backlog at March 31, 2025 was $13.3 million compared to $12.0 million at December 31, 2024.

    Mitchell Binder, President and CEO of Orbit International commented, “The first quarter for 2025 was a very challenging quarter for our Company. Our net loss for the three months ended March 31, 2025, was $2,152,000 ($0.65 loss per share) compared to a net loss of $751,000 ($0.22 loss per share) for the prior comparable period. EBITDA, as adjusted, for the three months ended March 31, 2025, was a loss of $1,949,000 ($0.59 loss per share) compared to a loss of $551,000 ($0.16 loss per share) in the prior comparable period. Our current first quarter operating results were negatively affected by significantly lower sales incurred by our Orbit Electronics Group (“OEG”) inclusive of our Simulator Product Solutions LLC (“SPS”) subsidiary. In particular, we incurred an operating loss at our Orbit Instrument division due to a gap in our delivery schedules. Our Orbit Instrument division has historically been our best performing operating unit with strong operating leverage. However, it was adversely affected by contract delays in the second half of 2024 and a temporary pause in certain production contracts as our engineering team worked with our customers for next generation enhancements. The Orbit Power Group (“OPG”), which makes up the remainder of our legacy business, recorded operating income that was relatively flat for the first quarter.

    Binder added, “Operating results for SPS were adversely impacted by lower sales during the quarter as a consequence of reduced bookings in the second half of 2024 due to contract delays that were eventually awarded in 2025. Bookings were also negatively affected by ongoing opportunities that have not yet finalized in 2025 and certain lost opportunities, primarily due to lack of funding or our customer losing awards to competitors. Bookings for SPS in 2025 have since improved from the second half of 2024. In addition, aside from certain costs mentioned above, general and administrative costs at SPS, in general, have stabilized. We had incurred significant infrastructure costs in 2023 and 2024 in order to support SPS’ sales increase since the Company’s acquisition of the SPS business in 2022. At the time of the SPS acquisition, we anticipated the need to invest in infrastructure and internal controls in order to bring SPS up to the standards of a public company. We believe that our cost structure at SPS is now aligned to support our growth.”

    Binder noted, “Operating results for SPS were also burdened by more than $200,000 ($0.06 loss per share) of expenses incurred by SPS for fees paid to an outside engineering firm in order to modify legacy drawings, along with bill of material part identification, that was developed prior to the acquisition, as well as legal fees incurred in connection with the litigation associated with the termination of the former President of SPS.”

    Mr. Binder added, “Our sales for the three months ended March 31, 2025, decreased significantly to $4,726,000 compared to $6,175,000 from the prior comparable period. This decrease in sales was primarily attributable to lower sales at our OEG and despite higher sales at our OPG. As previously mentioned, the lower sales at our OEG were attributable to lower bookings in the second half of 2024 due primarily to contract delays which is an inherent risk in contracting with the U.S. government and its prime contractors.”

    Mr. Binder further added, “Our gross margin for the three months ended March 31, 2025, decreased to 12.4% compared to 30.8% in the prior year comparable period. The decrease in gross margin during the three months ended March 31, 2025, was attributable to a significantly lower gross margin at our OEG due to decreased sales resulting in a higher percentage attributable to overhead and other fixed costs; and a slightly lower OPG gross margin due to product mix and despite slightly higher sales.”

    Mr. Binder added, “For the three months ended March 31, 2025, selling, general and administrative expenses were $2,717,000, compared to $2,643,000, an increase of $74,000, primarily due to higher expenses from SPS and slightly higher corporate expenses. The increase in selling, general and administrative expenses at SPS increased principally due to more than $200,000 of expenses incurred for (i) an outside engineering firm engaged to modify legacy drawings as well as bill of material part identification that was developed prior to the acquisition and (ii) legal fees incurred in connection with the litigation associated with the termination of the former President of SPS. The engineering firm was needed in order to conform drawing documentation to the actual manufacturing procedures to build the product as well as to comply with inventory internal controls. This was in addition to over $200,000 in engineering fees that were incurred in the fourth quarter of 2024. The increase in corporate expenses was primarily due to (i) all audit fees for our 2024 audit being billed in the first quarter of 2025 whereas prior years audit fees were distributed during all the quarters and (2) slightly increased payroll costs. Selling, general and administrative expenses at our OEG (exclusive of SPS), and our OPG did not materially change. We expect that the outside engineering fees at SPS will decrease significantly, beginning the second quarter of 2025 and corporate expenses should also decrease beginning the second quarter due to the absence of any audit fees for the remainder of the year.”

    Mr. Binder continued, “Backlog at March 31, 2025, was approximately $13,300,000 compared to approximately $12,000,000 at December 31, 2024, an increase of approximately 10.8%. This increase in backlog is reflective of a general increase in bookings from our OEG, inclusive of SPS and despite a decrease in bookings from our OPG during the quarter. In 2024, for our OPG, bookings for our VPX power supplies increased by 91.5% over the prior comparable period and represented the highest amount of VPX bookings in any previous calendar year. We are hopeful that the momentum of continued bookings for our VPX power supplies will continue in 2025. Bookings for our OEG, inclusive of SPS, improved in the first quarter of 2025 and are expected to continue to improve, as many anticipated follow-on awards expected in the second half of 2024 were delayed, resulting in a poor second half of bookings for the segment. Some of these orders were received in the first quarter of 2025 and are now expected to continue to be received in the first half of 2025. Contract delays are an inherent part of doing business with the U.S. Government.”

    David Goldman, Chief Financial Officer, noted, “At March 31, 2025, our cash and cash equivalents aggregated approximately $0.7 million and our financial condition continued to remain solid as evidenced by our 2.5 to 1 current ratio. We have access to a $4,000,000 line of credit (“LOC”) with our bank and have borrowed $900,000 under the LOC as of March 31, 2025. Our book value per share at March 31, 2025 was $4.69, which compares to $5.34 at December 31, 2024 and $5.54 at December 31, 2023. (Note: book value per share does not include any additional value for our partially reserved deferred tax asset.) To offset future federal and state taxes resulting from profits, we have approximately $2.4 million and $0.4 million in available federal and New York State net operating loss carryforwards, respectively.”

    Mr. Binder added, “Because our revenues are tied to delivery schedules specified in our contracts, it is often difficult to judge our performance on a quarterly basis. Our operating results for the three months ended March 31, 2025 resulted from weak bookings in the second half of 2024 that emanated from contract delays that led to a significant gap in first quarter delivery schedules. Some of these contracts were awarded in the first quarter and some represent ongoing opportunities that we have not yet finalized with our customer. We reported at year end that these contract delays would adversely affect our operating performance in the first half of 2025. Although, we expect an improvement in the second quarter operating results, we expect the results to still be somewhat affected by the 2024 contract delays. Because of the improved bookings in the first quarter and our expectation of improved bookings throughout our operating units and barring unforeseen delays, we expect these awards to fill in our delivery schedules and lead to an improvement to operating results in the second half of 2025.”

    Mr. Binder concluded, “We continue to evaluate the impact of tariff announcements and are evaluating their impact on the cost of our products and, in particular, our VPX power supplies, which recorded significant sales growth in 2024 and is expected to be the driver of the growth of our OPG in the future. We are addressing the tariffs in a number of ways, including a pass through to our customers, adjusting our pricing, negotiating with our vendors or seeking out alternative sources. We’ve been proactive in moving certain of our foreign vendors to countries that are not expected to be materially affected by tariffs.”

    Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, New York and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power supplies, frequency converters, inverters, VME/VPX power supplies as well as various COTS power sources.

    Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

    Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit’s reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

    CONTACT   
    David Goldman 
    Chief Financial Officer 
    631-435-8300 

    (See Accompanying Tables)

     
    Orbit International Corp.
    Consolidated Statements of Operations
    (in thousands, except per share data)
    (unaudited)
     
        Three Months Ended
    March 31,
    (unaudited)
          2025       2024  
             
    Net sales   $ 4,726     $ 6,175  
             
    Cost of sales     4,138       4,275  
             
    Gross profit     588       1,900  
             
    Selling general and administrative expenses     2,717       2,643  
             
    Interest expense     19       5  
             
    Other (income) expense, net     (7 )     (14 )
             
    Loss before income taxes     (2,141 )     (734 )
             
    Income tax provision     11       17  
             
    Net loss   $ (2,152 )   $ ( 751 )
             
             
    Basic loss per share   $ (0.65 )   $ (0.22 )
             
    Diluted loss per share   $ (0.65 )   $ (0.22 )
             
    Weighted average number of shares outstanding:        
    Basic     3,327       3,343  
    Diluted     3,327       3,343  
             
     
    Orbit International Corp.
    Consolidated Statements of Operations
    (in thousands, except per share data)
    (unaudited)
     
     
        Three Months Ended
    March 31,
          2025       2024  
             
    EBITDA (as adjusted) Reconciliation        
    Net loss   $ (2,152 )   $ (751 )
    Income tax expense     11       17  
    Depreciation and amortization     170       165  
    Interest expense     19       5  
    Fair value adj-contingent liabilities & other non-current liability    

         

    10

     
    Stock-based compensation     3       3  
    EBITDA (as adjusted) (1)   $ (1,949 )   $ (551 )
             
    EBITDA (as adjusted) Per Diluted Share Reconciliation        
    Net loss   $ ( 0.65 )   $ (0.22 )
    Income tax expense     0.00       0.01  
    Depreciation and amortization     0.05       0.05  
    Interest expense     0.01       0.00  
    Fair value adj-contingent liabilities & other non-current liability    

    0.00

         

    0.00

     
    Stock-based compensation     0.00       0.00  
    EBITDA (as adjusted) per diluted share (1)   $ (0.59 )   $ (0.16 )

    (1) The EBITDA (as adjusted) tables presented are not determined in accordance with accounting principles generally accepted in the United States of America. Management uses EBITDA (as adjusted) to evaluate the operating performance of its business. It is also used, at times, by some investors, securities analysts and others to evaluate companies and make informed business decisions. EBITDA (as adjusted) is also a useful indicator of the income generated to service debt. EBITDA (as adjusted) is not a complete measure of an entity’s profitability because it does not include costs and expenses for interest, depreciation and amortization, income taxes, fair value adj.-contingent liabilities and other non-current liability and stock-based compensation. EBITDA (as adjusted) as presented herein may not be comparable to similarly named measures reported by other companies.

        Three Months Ended
    March 31,
    Reconciliation of EBITDA, as adjusted,
    to cash flows provided by (used in) operating activities (1)
       

                  2025

         

    2024

     
                     
    EBITDA (as adjusted)   $ (1,949 )   $ (551 )
    Income tax expense     (11 )     (17 )
    Interest expense     (19 )     (5 )
    Fair value adj-contingent liabilities and other non-current liability           (10 )
    Stock-based compensation     7       7  
    Net change in operating assets and liabilities     1,353       1,230  
    Cash flows (used in) provided by operating activities   $ ( 619 )   $ 654  
     
    Orbit International Corp.
    Consolidated Balance Sheets
     
      March 31, 2025
    (unaudited)
      December 31, 2024
    ASSETS      
    Current assets:      
    Cash and cash equivalents $ 696,000     $ 1,355,000  
    Accounts receivable, less allowance for credit losses   2,152,000       3,935,000  
    Inventories   9,068,000       8,884,000  
    Contract assets   1,029,000       643,000  
    Other current assets   376,000       428,000  
           
    Total current assets   13,321,000       15,245,000  
           
    Property and equipment, net   1,147,000       1,192,000  
    Right of use assets, operating leases   2,122,000       2,297,000  
    Right of use assets, financing leases   67,000       77,000  
    Goodwill   3,515,000       3,515,000  
    Intangible assets, net
    Deferred tax asset
      2,262,000
    100,000
          2,322,000
    100,000
     
    Other assets   52,000       53,000  
           
    Total assets $ 22,586,000     $ 24,801,000  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Current liabilities:      
    Accounts payable $ 1,000,000     $ 878,000  
    Accrued expenses   975,000       990,000  
    Notes payable   86,000       99,000  
    Lease liabilities, operating leases   716,000       717,000  
    Lease liabilities, financing leases   39,000       38,000  
    Contingent liability   1,362,000       1,362,000  
    Line of credit   900,000       850,000  
    Customer advances   282,000       296,000  
           
    Total current liabilities   5,360,000       5,230,000  
           
    Notes payable, net of current portion   69,000       83,000  
    Lease liabilities, operating leases   1,498,000       1,678,000  
    Lease liabilities, financing leases   31,000       41,000  
           
    Total liabilities   6,958,000       7,032,000  
           
    Stockholders’ Equity      
    Common stock   352,000       351,000  
    Additional paid-in capital   17,181,000       17,171,000  
    Treasury stock   (1,224,000 )     (1,224,000  
    Retained earnings (accumulated deficit)   (681,000 )     1,471,000  
           
    Stockholders’ equity   15,628,000       17,769,000  
           
    Total liabilities and stockholders’ equity $ 22,586,000     $ 24,801,000  

    The MIL Network

  • MIL-OSI: Healthcare Diagnostics Sector Witnessing Significant Growth in Artificial Intelligence Based Technologies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 12, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Artificial Intelligence (AI) is becoming more essential in the medical markets every day, it seems. AI algorithms have demonstrated the capability to analyze vast amounts of medical data, including patient records and genetic information. This efficiency allows healthcare professionals to diagnose conditions more quickly and accurately, leading to better patient outcomes. AI-powered diagnostic tools can detect subtle patterns and indicators of diseases; this offers early detection and further works on early prevention of diseases. AI systems also help in assisting healthcare professionals with valuable tools, all these factors that offer improved diagnosis process act as a driver for the market’s growth. A report from MarketsAndMarkets projected that the global AI in medical diagnostics market is forecasted to grow at a robust CAGR of 22.5%, reaching US$1.71 billion in 2024 and an impressive US$4.72 billion by 2029. The report said: “Government initiatives towards increasing Al-based technologies, access to finance for Al-based startups, big data influx, and growing cross-industry alliances and collaborations are key drivers of this market’s growth. Growth in the AI in medical diagnostics market is primarily driven by the growing demand for AI tools, increasing focus on reducing the workload of radiologists, influx of large & complex datasets, funding for AI based startups, and growing cross-industry partnerships & collaborations.” Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Tempus AI, Inc. (NASDAQ: TEM), Predictive Oncology Inc. (NASDAQ: POAI), Teladoc Health, Inc. (NYSE: TDOC), GE HealthCare (NASDAQ: GEHC).

    MarketsAndMarkets continued: “Emerging countries and the increasing focus on developing human-aware AI systems are expected to offer growth opportunities in the coming years. The European AI in medical diagnostics market is projected to reach USD 4,719.3 Million by 2029 growing at a CAGR of 22.5% during the forecast period. The diagnostics sector has seen a significant growth in demand for Al-based technologies over time due to their enormous potential in medical image diagnosis. Among the benefits are enhanced imaging triage and clinical decision assistance, quicker diagnostic image analysis, and effective interpretation of the smallest data that radiologists frequently overlook. With the help of these tools, radiologists may concentrate on improving patient care rather than image interpretation. In recent years, North America held the most market share in this industry. The lack of radiologists, the rise in chronic illnesses, improved research on the ethical application of AI in diagnostic tools, and study financing are some of the factors propelling the regional market’s expansion.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Ainnova Tech Begin Acquisition Talks Ahead of FDA Pre-Submission Meeting Avant Technologies, Inc. (“Avant” or the “Company”), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced the companies and their advisors have entered into negotiations for an acquisition to better compete in the rapidly changing global AI-driven healthcare industry.

    Six months ago, the two companies formed Ai-nova Acquisition Corp. (AAC) to advance and commercialize Ainnova’s technology portfolio, including its Vision AI platform and its versatile retinal cameras. During that time, the two companies completed further due diligence and focused on an opportunity to work together as one company. The Board of Directors and management team of Avant remain fully committed to executing the Company’s strategic plan, which is focused on enhancing long-term value. Leadership at Avant expects the negotiations to move forward with an acquisition of Ainnova.

    Both Avant and Ainnova agree that the time is now to solidify the relationship and move forward as one entity prior to the Company’s pre-submission meeting with the U.S. Food and Drug Administration in July for the planned clinical trial of its Vision AI platform in the early detection of diabetic retinopathy.

    Vinicio Vargas, Chief Executive Officer at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp., said of the negotiations, “We believe bringing the two companies together will offer tremendous value for shareholders, it will simplify the process of advancing our technology to market, and it will deliver value to our customers and partners as we promote our technology portfolio globally.

    We feel the joint venture has been a success and both companies have worked well together toward a common goal, so we believe that we can be even more successful and use our resources more effectively as one company to further AI in healthcare.”

    Currently, AAC has the worldwide licensing rights for Ainnova’s technology portfolio. The licensing rights include the U.S., where the FDA regulates drug and medical device development, so both companies expect that an acquisition will unlock growth opportunities and drive sustained performance as both entities plan to interact with the FDA in July for an upcoming clinical trial working even more closely together under one banner.

    Vargas continued, “The success of our interactions with the FDA are crucial to our success in the clinic and eventually the success of marketing our technology portfolio in the United States and around the world. Entering the U.S. market will unlock significant commercial potential, and this early engagement with the FDA ensures that we can do so with speed, credibility, and a validated product.” CONTINUED… Read this and more news for Avant Technologies at: https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the tech markets recently include:

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, has recently announced the launch of Notetaker, an AI-powered clinical assistant to aid psychiatrists in generating progress notes. Notetaker, which is available in Tempus Hub, ambiently records patient sessions to generate transcripts and clinical notes that can be seamlessly stored in patients’ electronic health records.

    Notetaker complements Tempus’ existing mental health platform designed to support clinicians in delivering personalized care. It joins other precision medicine solutions, including the Tempus nP pharmacogenomic test and PRO™, the company’s patient reported outcome solution.

    “We are excited to enhance our mental health platform with Notetaker, a tool built by clinicians, for clinicians, and thoughtfully designed to meet the unique demands of psychiatric care,” said Dr. Muneer Ali, Senior Director of Medical Affairs, Neurology and Psychiatry, at Tempus. “Notetaker eases the burden of clinical documentation, helping providers reclaim their time and streamline their workflow so they can focus on what matters most: their patients.”

    Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, recently announced it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.

    The acquisition supports the company’s strategy to further enhance its leadership position in virtual mental health, including the ability for consumers served by its BetterHelp segment to access benefits coverage for mental health services. UpLift serves the health plan market and has arrangements covering over 100 million lives, a network of over 1,500 mental health professionals, important capabilities and a talented team.

    GE HealthCare (NASDAQ: GEHC) recently announced an intended expansion of its radiation oncology portfolio as well as the introduction of the new AI-enabled MR Contour DL™ at the European Society for Therapeutic Radiology and Oncology (ESTRO) 2025 Congress in Vienna, Austria. The company will also showcase its updated Intelligent Radiation Therapy (iRT), a software solution that standardizes complex workflows, helping to enable a shorter timeline from diagnosis to treatment and more precise radiation therapy.

    According to the World Health Organization (WHO), cancer continues to be a leading cause of death worldwide, accounting for nearly ten million deaths per year. However, it is estimated that approximately one-third of these lives could be saved if cancer is detected and treated early. GE HealthCare’s solutions featured at ESTRO aim to empower healthcare professionals with advanced tools and technologies to deliver more precise care, improve timeliness and efficiency, and enhance patient outcomes.

    Renovaro Biosciences Inc., a TechBio leader focused on next-generation diagnostics, drug discovery, and genetically enhanced cancer therapies, recently provided an update regarding its Definitive Agreement with Predictive Oncology Predictive Oncology, Inc. (NASDAQ: POAI) to initiate the previously announced integration of AI/ML platform technologies, core laboratory capabilities and business development efforts in Europe and the United States.

    Renovaro entered into a binding merger agreement with Predictive Oncology, Inc. (“POI”) dated January 1, 2025, and supplemented with the Extension Agreement dated February 28, 2025 (collectively, the “Binding Agreements”). On April 3, 2025, Renovaro received an email from POI terminating the merger transaction. Renovaro’s position is that POI must comply with the binding obligations thereunder and enter into an exclusive License Agreement as required in each of the Binding Agreements. Renovaro notes that POI is in breach of the Binding Agreements and has caused substantial damage to Renovaro for which it will seek redress. Failure to enter into an exclusive License Agreement on the terms set forth in the Binding Agreement on or before April 10, 2025, will cause Renovaro to seek all its legal remedies to recover all its damages and/or seek additional remedies to fully redress the breaches.

    About FN Media Group:

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

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

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

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Best Crypto Casinos: JACKBIT Rated #1 As Top Crypto Casino With Instant Payouts, No KYC, & Provably Fair Games

    Source: GlobeNewswire (MIL-OSI)

    OKLAHOMA CITY, May 12, 2025 (GLOBE NEWSWIRE) — We tried plenty of online casinos—limited games, tiny bonuses, clunky layouts. Then we found JACKBIT, one of the best crypto casinos around. It greets you with a generous welcome bonus, pays out instantly in crypto, and offers hundreds of games. Voted the best crypto casino of 2025 by iGaming experts, JACKBIT delivers a smooth, secure experience for players.

    GRAB YOUR WELCOME BONUS AND START WINNING AT JACKBIT

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    • Live Dealer Games: Powered by Evolution Gaming, the live section features Live Blackjack, Live Roulette, Live Baccarat, and interactive game shows like Dream Catcher and Crazy Time.
    • Sportsbook: A comprehensive sportsbook covering 140+ sports, with 82,000+ live monthly events and 4,500+ betting types, including football, basketball, tennis, and e-sports.
    • Specialty Games: Casual options like bingo (Shamrock Bingo), scratch cards, and crypto-friendly mini-games such as Aviator and Plinko.
    • Virtual Sports: 24/7 betting on simulated events like virtual football, horse racing, and greyhound racing.

    This extensive selection ensures JACKBIT remains the best bitcoin casino for players seeking variety and quality.

    Bonuses and Promotions

    JACKBIT’s promotional offers are a key factor in its ranking as the best instant withdrawal casino. New players are greeted with a 30% Rakeback and 100 free spins wager-free on their first deposit. Ongoing promotions include:

    • Weekly giveaways with $10,000 and 10,000 free spins.
    • VIP Rakeback up to 30%, scaling with loyalty tiers.
    • Pragmatic Drops & Wins with a €2,000,000 prize pool.
    • Social media bonuses for engaging on platforms like Twitter.
    • Regular slot and table game tournaments with cash prizes.

    These bonuses are designed with fair terms, ensuring players get maximum value. JACKBIT’s creative promotions make it a standout in the crypto casino space.

    SIGN UP AT JACKBIT NOW AND CLAIM 30% RAKEBACK + 100 FREE SPINS

    How to Get Started with JACKBIT

    Joining JACKBIT is simple and takes less than five minutes:

    1. Visit the official JACKBIT website.
    2. Click “Sign Up” or “Register” in the top-right corner.
    3. Provide minimal details (email, password, preferred currency).
    4. Select a payment method (crypto or fiat) and make a deposit.
    5. Claim your 30% Rakeback + 100 free spins welcome bonus.
    6. Dive into 7,000+ games or explore the sportsbook.

    Ensure you meet your jurisdiction’s legal gambling age (typically 18 or 19) before registering. JACKBIT’s streamlined process makes it the best crypto casino for accessibility.

    Payment Flexibility and Speed

    As an instant payout casino, JACKBIT supports over 17 cryptocurrencies, including Bitcoin, Ethereum, Tether, Solana, Ripple, and Dogecoin. Crypto transactions are instant and fee-free, providing unmatched convenience. Traditional banking options include:

    • Visa and MasterCard (instant deposits, 1-3 day withdrawals).
    • Google Pay and Apple Pay (instant mobile deposits).
    • Bank transfers (3-5 day withdrawals).

    With high withdrawal limits (up to $10,000 weekly) and robust SSL encryption, JACKBIT ensures secure and flexible banking, reinforcing its position as the best crypto casino.

    Security and Fair Play

    Security is a top priority at JACKBIT, a trusted online casino. The platform employs SSL encryption and blockchain technology to safeguard player data and transactions. Provably fair games and Random Number Generators (RNGs) ensure unbiased outcomes, making JACKBIT one of the safest online casinos. The no-KYC policy enhances privacy, offering instant withdrawal and no verification while maintaining trust.

    Mobile Gaming Experience

    JACKBIT’s mobile-optimized platform delivers a seamless experience on iOS and Android without requiring a dedicated app. Players can access the full game library, make instant deposits, and claim bonuses on the go. The responsive design ensures smooth navigation, making JACKBIT the new crypto casino a top choice for mobile gamblers seeking the best crypto casinos.

    Customer Support Quality

    JACKBIT, the new crypto casino, offers 24/7 live chat support in multiple languages, including English, German, French, and Spanish. The team is highly responsive, resolving queries within minutes. Email support and a comprehensive FAQ section provide additional resources. Player feedback highlights the support team’s professionalism, cementing JACKBIT’s reputation as a trusted online casino.

    Sportsbook Features

    JACKBIT’s sportsbook is a standout, offering 140+ sports, including football, basketball, tennis, cricket, and e-sports like Counter-Strike. With 82,000+ live monthly events, 75,000+ pre-match events, and 4,500+ betting types, it caters to sports betting enthusiasts. Live streaming and competitive odds make JACKBIT the best bitcoin casino for sports fans.

    Responsible Gambling Tools

    JACKBIT prioritizes player well-being with tools like deposit limits, self-exclusion, reality checks, and links to organizations like GamCare and Gambling Therapy. These features ensure a safe and enjoyable experience, aligning with the standards of safe online casinos.

    No-KYC Benefits

    The no-KYC policy is a game-changer, allowing players to enjoy instant withdrawal and no verification while maintaining anonymity. This feature, combined with fast crypto payouts, makes JACKBIT the best instant withdrawal casino for privacy-conscious players.

    What Sets JACKBIT Apart

    JACKBIT distinguishes itself as the best crypto casino through several unique advantages:

    • Privacy First: The no-KYC policy ensures complete anonymity, which is ideal for discreet gambling.
    • Unrivaled Game Library: Over 7,000 games provide more variety than most competitors.
    • Lightning-Fast Payouts: Instant crypto withdrawals outpace other platforms.
    • Creative Promotions: From Rakeback to social media bonuses, JACKBIT offers unique value.
    • Global Reach: Multilingual support and mobile optimization make it accessible worldwide.

    These strengths make JACKBIT a leader in the crypto gambling industry, delivering a player-focused experience that’s hard to match.

    UNLOCK INSTANT PAYOUTS AND TOTAL PRIVACY AT JACKBIT NOW!

    JACKBIT’s VIP and Loyalty Program

    JACKBIT’s VIP program rewards dedicated players with tailored benefits:

    • Up to 30% Rakeback based on loyalty tier.
    • Exclusive bonuses, including free spins, deposit matches, and tournament entries.
    • Priority support with dedicated account managers.
    • Higher withdrawal limits for high rollers.

    Players earn points through wagers, progressing through tiers for better perks. This program enhances the value of playing at the best crypto casinos, ensuring loyal players are well-rewarded.

    Community Engagement and Social Features

    JACKBIT fosters a vibrant community through:

    • Social Media Bonuses: Free spins and cash rewards for engaging on platforms like Twitter and Telegram.
    • Tournaments: Competitive slot and table game events with leaderboards and prize pools.
    • Player Feedback: Positive reviews on sites like AskGamblers and Trustpilot highlight community trust.

    This engagement creates a dynamic and interactive experience, making JACKBIT a top choice for players seeking the best bitcoin casino.

    Exploring JACKBIT’s Game Categories in Depth

    • Slots: A World of Spins

    JACKBIT’s slot collection is a highlight, with over 5,000 titles ranging from classic fruit machines to modern video slots. Popular games like Gold Party offer high volatility for big wins, while Chilli Heat provides medium-variance fun with free spins. Progressive jackpots like Mega Moolah and Divine Fortune offer life-changing payouts. Regular tournaments and free spins promotions make slots a core part of the best crypto casino experience.

    • Table Games: Strategy and Skill

    For players who enjoy strategy, JACKBIT offers a robust selection of table games. Blackjack variants like Power Blackjack and Infinite Blackjack provide low house edges, while roulette options like Lightning Roulette add excitement with multipliers. Poker fans can play Texas Hold’em or Caribbean Stud, and craps brings fast-paced dice action. These games cater to both casual and seasoned players, reinforcing JACKBIT’s status as a trusted online casino.

    • Live Dealer Games: Real Casino Vibes

    JACKBIT’s live dealer section, powered by Evolution Gaming and Pragmatic Play, delivers an authentic casino atmosphere. Live Blackjack and Live Roulette offer multiple tables for all budgets, while game shows like Dream Catcher and Mega Wheel add interactive fun. High-definition streaming and real-time chat create an immersive experience, making JACKBIT a leader among safe online casinos.

    • Sportsbook: Betting Beyond the Casino

    JACKBIT’s sportsbook is a major draw, covering traditional sports like football and basketball, as well as niche options like cricket and e-sports. With 82,000+ live events and 4,500+ betting types, players can wager on everything from moneylines to prop bets. Live streaming for select events enhances the experience, making JACKBIT the best crypto casino for sports betting enthusiasts.

    • Specialty Games: Casual Fun

    JACKBIT’s specialty games cater to players seeking low-stakes entertainment. Bingo titles like Shamrock Bingo and Burning Pearl Bingo offer quick play, while scratch cards provide instant-win thrills. Crypto-friendly mini-games like Aviator and Plinko are popular for their simplicity and high RTPs, adding diversity to the best instant withdrawal casino.

    • Virtual Sports: 24/7 Action

    Virtual sports at JACKBIT include simulated events like virtual football and horse racing, powered by advanced algorithms for realistic graphics and quick results. Available 24/7, these games offer constant betting opportunities, making JACKBIT a versatile platform for all types of gamblers.

    EXPERIENCE 7,000+ GAMES AT JACKBIT NOW

    The Future of Crypto Gambling with JACKBIT

    Since its launch in 2022, JACKBIT has rapidly become a frontrunner in the crypto gambling industry. Its focus on innovation, such as integrating 17+ cryptocurrencies and offering provably fair games, positions it as a trailblazer. The no-KYC policy and instant payouts cater to the growing demand for privacy and speed, ensuring JACKBIT remains the best crypto casino for years to come.

    As the crypto gambling market evolves, JACKBIT is poised to stay ahead by expanding its game library, introducing new promotions, and enhancing its platform. The casino’s commitment to player satisfaction and responsible gambling makes it a reliable choice for both new and experienced players.

    Comparing JACKBIT to Competitors

    To understand why JACKBIT is the best crypto casino, it’s worth comparing it to other leading platforms:

    • Game Library: While competitors like BitStarz and Stake offer large game selections, JACKBIT’s 7,000+ titles and 85 providers provide unmatched variety.
    • No-KYC Policy: Unlike many casinos requiring identity verification, JACKBIT’s no-KYC approach ensures instant withdrawal and no verification, a rare feature.
    • Payout Speed: JACKBIT’s instant crypto payouts surpass platforms with slower processing times, making it the best instant withdrawal casino.
    • Bonuses: JACKBIT’s 30% Rakeback and weekly giveaways offer more value than standard deposit matches found elsewhere.

    These advantages highlight why JACKBIT leads the pack as the best bitcoin casino.

    Tips for Maximizing Your JACKBIT Experience

    To get the most out of JACKBIT, consider these tips:

    • Claim All Bonuses: Start with the welcome offer and stay active to unlock weekly giveaways and VIP rewards.
    • Explore the Game Library: Try different categories, from slots to live dealer games, to find your favorites.
    • Use Cryptocurrencies: Crypto deposits and withdrawals are faster and fee-free, enhancing your experience at this instant payout casino.
    • Engage on Social Media: Follow JACKBIT on Twitter and Telegram for exclusive bonuses.
    • Set Limits: Use responsible gambling tools to manage your spending and play safely.

    These strategies will help you enjoy the full potential of the best crypto casino.

    How JACKBIT Stands Out From Other Crypto Casinos

    JACKBIT’s blend of no-KYC gaming, instant crypto payouts, and a vast game library makes it unmatched. Its player-centric features, from generous bonuses to robust security, ensure a rewarding and safe experience. The Curacao license, while not the strictest, is backed by transparency and responsible gambling tools, building trust among players.

    As a relatively new platform, JACKBIT has quickly set the standard for innovation, offering a seamless experience for casual players and high rollers alike. Its global accessibility and vibrant community make it the best crypto casino for 2025 and beyond.

    CLAIM YOUR WINS AT JACKBIT TODAY

    Frequently Asked Questions

    Can I play at JACKBIT without verifying my identity?

    Yes, JACKBIT supports anonymous crypto gaming with no mandatory KYC for most withdrawals, letting you enjoy full privacy while playing and cashing out securely.

    I want fast access to my winnings. Are JACKBIT’s crypto payouts quick?

    JACKBIT is known for its rapid crypto transactions. BTC, ETH, and other coins are typically processed within minutes, especially for verified or frequent users.

    Can I use Bitcoin bonuses right after signing up at JACKBIT?

    Absolutely. New players at JACKBIT can instantly claim crypto welcome bonuses upon their first deposit—no delays or complicated conditions.

    I play on mobile- does JACKBIT work smoothly on phones?

    Yes, JACKBIT offers a seamless mobile experience. Whether you’re using Android or iOS, the site runs fast and securely, with full access to games and crypto payments.

    Can I earn rewards or cashback the more I play at JACKBIT?

    Definitely, JACKBIT features a rewarding VIP program where consistent play unlocks cashback, free spins, exclusive bonuses, and faster payout privileges.

    Email: support@JACKBIT.com

    Disclaimer and Affiliate Disclosure

    This article is for informational and entertainment purposes only and does not constitute legal or financial advice. The content is based on research and user reviews, with no warranties made as to its accuracy or completeness. Users must verify information before acting.

    Online gambling involves risks and is not suitable for everyone. Confirm you meet the legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We do not promote gambling; participation is at your own risk. JACKBIT is a third-party platform, and we are not liable for losses or disputes.

    This article may contain affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content, but our reviews remain unbiased. Always conduct your own research before signing up.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/31263d1d-2af2-4fc3-b3a0-0f9631b86b98

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b80e34ef-a073-4410-a4e6-5b9e57a5bf9d

    The MIL Network

  • MIL-OSI: Plethora Businesses Represents Ferralloy, Inc. in Strategic Acquisition by EQI

    Source: GlobeNewswire (MIL-OSI)

    Orange, CA, May 12, 2025 (GLOBE NEWSWIRE) — May 6, 2025 – Plethora Businesses, a leading lower middle market investment banking firm specializing in M&A advisory, is pleased to announce it served as exclusive sell-side advisor to Ferralloy, Inc. in its acquisition by EQI Ltd., a global leader in engineered components and materials.

    Established in 1984 and headquartered in Cleveland, Ohio, Ferralloy, Inc. is a global supplier of heat-resistant alloy products and value-added metal components. With a manufacturing footprint in Wuxi, China, Ferralloy has built a reputation for delivering complex castings, forgings, fabrications, and machined components across a diverse range of critical industries. The company’s commitment to quality and customer service has earned it longstanding relationships with global OEMs, including Fortune 500 manufacturers.

    The strategic acquisition by EQI Ltd. further enhances EQI’s footprint in the thermal processing and metal components industries. Ferralloy’s deep expertise and international capabilities will integrate with and bolster EQI’s existing portfolio, including Pro-Tech, to deliver expanded solutions to a shared customer base.

    “We are proud to have represented Ferralloy in this milestone transaction,” said George Lanza, Co-Founder and CEO of Plethora Businesses. “This acquisition brings together two highly complementary organizations with shared values of innovation, technical excellence, and customer commitment.”

    Transaction terms were not disclosed.

    About Plethora Businesses

    Plethora Businesses is a boutique M&A advisory firm dedicated to offering sell-side and buy-side M&A advisory, corporate strategy, and valuations. Tailored to meet the unique needs of the middle market, Plethora is committed to delivering strategic solutions that drive growth and value for its clients. For more information, please visit www.plethorabusinesses.com or contact us at 714-255-8862.

    Media Contact:
    Plethora Businesses
    714.255.8862
    info@plethorabusinesses.com
    www.plethorabusinesses.com

    2117 W. Orangewood Ave., Orange, CA 92868

    The MIL Network

  • MIL-OSI: LM Funding America Announces April 2025 Production and Operational Update

    Source: GlobeNewswire (MIL-OSI)

    – Bitcoin HODL 148.7 BTC as of April 30, 2025 valued at $14.1 million or $2.75 per share1

    TAMPA, Fla., May 12, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended April 30, 2025.

    Metric Feb 2025 Mar 2025 Apr 2025
    – Bitcoin2      
    – Mined, net 7.6 8.7 6.6
    – Sold (14.2) (18.0)
    – Purchased
    – Service Fee (0.0) (0.1) (0.1)
    – Bitcoin HODL 165.8 160.2 148.7
    – Machines2      
    – Operational 5,121 5,121 5,121
    – Storage 719 496 496
    – Total Machines 5,840 5,617 5,617
    – Hashrate (EH/s2)      
    – Oklahoma 0.43 0.43 0.43
    – Hosted 0.13 0.13 0.13
    – Energized 0.56 0.56 0.56
    – Storage 0.07 0.05 0.05
    – Total 0.63 0.61 0.61

    ________________________
    1 Calculated using 5,133,412 shares outstanding as of 12/31/24 from SEC Form 10-K filed March 31, 2025
    2 Unaudited

    “Transitioning to a vertically integrated model has proved valuable to our bottom line,” said Bruce Rodgers, Chairman and CEO of LM Funding. “In April, we mined 6.6 Bitcoin due to curtailments and disruptions at our hosting site as we began relocating 800 machines to our wholly owned Oklahoma facility. Our Oklahoma site enabled us to generate approximately $120,000 in power sales during the month — an offset to our mining costs that improved our margins and overall efficiency. We also made several strategic decisions, including ordering two 1 MW immersion containers to start our 2 MW expansion at our Oklahoma site. After careful diligence, we believe immersion offers faster deployment timelines, better margins, and improved equipment longevity.”

    Richard Russell, CFO of LM Funding added, “In parallel with our Oklahoma expansion, we made the decision to sell our recently acquired S21+ miners from Bitmain. This transaction is expected to recover our investment and preserve capital for higher-return opportunities. Regarding our 2 MW expansion, we anticipate completing construction and energization by the end of the third quarter, subject to international shipping timelines. We believe these strategic moves will strengthen our operational foundation, protect capital, and position us for long-term success in an evolving market landscape.”

    The Company estimates that the value of its 148.7 Bitcoin holdings on April 30, 2025, was approximately $14.1 million or $2.751 per share, based on a Bitcoin price of approximately $94,900 as of April 30, 2025, compared to a stock share price of $1.49 as of April 30, 2025.

    Upcoming Conferences and Events

    • May 15, 2025: LM Funding’s First Quarter 2025 Earnings Call
      • Time: 8 AM EST
      • Participant Call Links:
        • Live Webcast: Link
        • Participant Call Registration: Link
    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About LM Funding America
    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements
    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact: 

    Investor Relations 
    Orange Group 
    Yujia Zhai 
    LMFundingIR@orangegroupadvisors.com 

    The MIL Network

  • MIL-OSI: Brag House, in partnership with Florida Gator Athletics and Learfield’s Florida Gators Sports Properties, Launches the Inaugural “Brag Gators Gauntlet” Series Baseball Edition at the University of Florida – A tournament Featuring Fortnite ahead of the Florida vs. Alabama Baseball Game

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the premier Gen Z engagement platform that operates at the intersection of gaming, college sports, and social interaction, today announced the launch of the ‘Brag Gators Gauntlet’ Series – Baseball Edition, a high-impact, single-day tournament Featuring Fortnite hosted in collaboration with Florida Gators Athletics and Learfield’s Florida Gators Sports Properties.

    This landmark activation is the first in a nationwide rollout stemming from Brag House’s strategic partnership roadmap that was announced on April 28, 2025, and reaffirmed in the Company’s recently filed Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The Brag Gators Gauntlet is designed to fuse the passion of college sports, starting with college baseball, and the cultural power of gaming, in a way that only Brag House can deliver – by bringing students, alumni, and brands together in real time through interactive and gamified experiences.

    “This isn’t just a tournament – it’s a gamified digital tailgate, a new way for Gen Z to rally around their school,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “With Learfield and Florida Gators Athletics, we’re redefining what it means to be a fan – empowering students and alumni to play, brag, and win as an essential part of the college sports experience.”

    Tournament Details

    • Name: Brag Gators Gauntlet – Baseball Edition
    • Date, Time and Place: Saturday, May 17, 2025 | 12:00 PM – 4:00 PM EST | Online
      Format: Fortnite No-Build, Solos, Battle Royale (private lobbies) – 4 rounds (heats) leading to a final heat
    • Eligibility: Open to current students and alumni from both the University of Florida and the University of Alabama
    • Live Broadcast: Activation will be streamed live on the Brag House platform with casters, play-by-play in-game analysis, and other interactive elements

    The tournament will serve as a lead-in to the highly anticipated Florida vs. Alabama college baseball game, further aligning digital and physical campus events into a cohesive fan experience.

    Beyond the Game

    The Brag Gators Gauntlet reflects Brag House’s larger mission: to build a new digital sports medium tailored to Gen Z by merging college athletics with competitive, casual gaming. It also continues the Company’s focus on NIL-integrated content, loyalty token rewards, and data-rich experiences that enable brands to engage authentically with hyper-targeted college communities.

    “With every activation, we are not only creating entertainment – we’re generating insights, building brand equity, and delivering measurable ROI for our partners,” added Malloy.

    What’s Next

    Following this activation, Brag House and Learfield plan to replicate the Brag Gauntlet model across additional campuses in 2025 and beyond, with the goal of establishing an enduring layer of Gen Z engagement within the college sports ecosystem.

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

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

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

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

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

    The MIL Network

  • MIL-OSI: CSW Industrials Announces Date for Fiscal Fourth Quarter and Full Year 2025 Earnings Release Conference Call

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 12, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (NASDAQ: CSWI) announced that it will release its earnings results for the fiscal fourth quarter and year ended March 31, 2025, on Thursday, May 22, 2025, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results.

    Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast will also be available at https://cswindustrials.gcs-web.com.

    A telephone replay will be made available shortly following the conclusion of the call and until June 5, 2025. Participants may access the replay at 1-844-512-2921, international callers may use 1-412-317-6671 and enter access code 13753549. An archived replay of the call will also be available on the Investors portion of the CSWI website at www.cswindustrials.com.

    About CSW Industrials
    CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.

    Investor Relations
    Alexa Huerta
    Vice President, Investor Relations and Treasurer
    214-489-7113
    alexa.huerta@cswindustrials.com

    The MIL Network

  • MIL-OSI: First Pacific to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 12, 2025 (GLOBE NEWSWIRE) — First Pacific Company Limited (Hong Kong: 00142, ADR: FPAFY) based in Hong Kong and focused on domestic defensive businesses in the fast-growing region of Southeast Asia, today announced that Associate Director John W. Ryan will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 10:00 AM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Participation is free of charge.

    What First Pacific offers

    First Pacific has a mature market listing and offers access to defensive industries in the fastest-growing region of the world; none of our businesses is significantly affected by primary consequences of changes in foreign trade tariffs. First Pacific has three key guidelines in its strategy to maximise shareholder returns:

    • Stick to the industries we know – consumer foods, telecommunications, infrastructure and natural resources
    • Stick to one geography – the emerging economies of southeast Asia
    • Hold majority or significant stakes in our investments to ensure control over cash flows

    Through 2024 the Company has had six years of profit growth, with the last four recording successive record highs. First Pacific management is confident of continuing earnings growth in the medium term owing to the strong market positions of our companies and the region’s continuing strong growth against a background of low inflation. In addition, all our investments are immune to the immediate consequences of any struggle over tariffs.

    Assets include the world’s biggest maker of instant noodles (Indofood), the region’s largest privately owned toll road operator (MPTC), and the biggest power company (Meralco), telecommunications (PLDT), and water (Maynilad) companies in the Philippines. The company is also the biggest shareholder in Philex Mining, which plans to open a second gold and copper mine in 2026 using development funding already in place.

    First Pacific’s borrowings are low with an interest coverage ratio of 4x and the Company has held investment grade credit ratings from Moody’s and S&P Global for three years. After seeing its share price rise by 25% in 2023 and 45% in 2024, First Pacific has a recurring p/e ratio of 3.6x at FY 2024.

    About First Pacific
    First Pacific is a Hong Kong-based investment holding company with operations located in Asia-Pacific. The Company’s principal businesses are in consumer food products, telecommunications, infrastructure, and mining. First Pacific is listed in Hong Kong (HKSE: 00142) and its shares are also available in the United States through American Depositary Receipts (ADR code: FPAFY). For further information, visit www.firstpacific.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    First Pacific Company Limited
    John W. Ryan
    Associate Director, Group Head of Investor Relations
    +852 6336 1411
    johnryan@firstpacific.com

    Virtual Investor Conferences

    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: Belite Bio, Inc to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 12, 2025 (GLOBE NEWSWIRE) — Belite Bio, Inc (NASDAQ: BLTE) a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that CSO, Dr. Nathan L. Mata will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 12:30 pm ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Participation is free of charge.

    Recent Company Highlights

    • DRAGON trial, a pivotal global Phase 3 trial of Tinlarebant in adolescent Stargardt disease (STGD1) subjects is expected to be completed by Q4 2025
    • Following a pre-specified interim analysis, an independent DSMB recommended to submit the interim analysis data of DRAGON trial for further regulatory review for drug approval
    • Pivotal global Phase 3 PHOENIX trial of Tinlarebant in geographic atrophy (GA) subjects is ongoing with more than 460 subjects enrolled

    About Belite Bio
    Belite Bio is a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, such as Stargardt disease type 1 (STGD1) and Geographic Atrophy (GA) in advanced dry age-related macular degeneration (AMD), in addition to specific metabolic diseases. Belite’s lead candidate, Tinlarebant, an oral therapy intended to reduce the accumulation of toxins in the eye, is currently being evaluated in a Phase 3 study (DRAGON) and a Phase 2/3 study (DRAGON II) in adolescent STGD1 subjects and a Phase 3 study (PHOENIX) in subjects with GA. For more information, follow us on XInstagramLinkedInFacebook or visit us at www.belitebio.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Belite Bio
    Jennifer Wu
    ir@belitebio.com
    Julie Fallon
    belite@argotpartners.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: Bitget Delivers Critical Aid to Earthquake-Affected Families in Myanmar

    Source: GlobeNewswire (MIL-OSI)

    BANGKOK, May 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has mobilized relief efforts for vulnerable communities in Myanmar following the devastating 7.7 magnitude earthquake that struck the Sagaing region on March 28. The disaster, which sent tremors as far as Bangkok, compounded existing hardships in an area already grappling with civil unrest and economic instability.

    In coordination with local partners, Bitget delivered 150 Emergency Resilience Kits to high-risk families, including those who lost homes, were caring for infants or elderly relatives, or had received minimal aid. Each kit provided comprehensive support: hygiene essentials to prevent disease, sleeping mats and blankets for displaced families, cooking tools to restore daily routines, water filters for safe drinking water, and basic medicines to address urgent health needs.

    The operation was not without its challenges. Navigating security risks, logistical hurdles, and the potential for aid diversion in a conflict zone required meticulous planning and deep community trust. Bitget’s partners on the ground leveraged their local expertise to ensure equitable distribution, reaching families whose needs might otherwise have been invisible in the chaos of crisis response.

    “True humanitarian action isn’t just about meeting urgent needs—it’s about seeing the unseen,” said Bitget CEO Gracy Chen. “As the second-largest crypto exchange ecosystem, we believe that real growth in our industry must be matched by real responsibility. Crypto was built on the ideals of empowerment and global connection. In times of crisis, these ideals must be translated into action. Our support for Myanmar’s affected communities is a reminder that innovation must go hand-in-hand with human impact. As we help build the future of finance, we are equally committed to building a future where no one is left behind,” she added.

    The impact extended beyond material relief. For displaced families living in overcrowded temporary shelters, the kits alleviated pressure on shared resources. For others, they represented the first semblance of stability since the disaster struck, a signal that they had not been forgotten.

    As recovery efforts continue in Sagaing, Bitget’s initiative serves as a small reminder that effective crisis response begins with listening and learning. By combining swift action with deep local understanding, we were able to offer support where it was needed most—one family, one community at a time.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2e78ebbf-6ded-4cce-b3d3-8a04e4476fc3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/903331f2-0e74-497a-be44-64186ea543cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4296f30-257b-43fd-9c40-b19e38a3f3b7

    The MIL Network

  • MIL-OSI: Pieridae Energy Changes Name to Cavvy Energy

    Source: GlobeNewswire (MIL-OSI)

    Not For Distribution to United States News Wire Services or Dissemination in United States

    CALGARY, Alberta, May 12, 2025 (GLOBE NEWSWIRE) — Cavvy Energy Ltd. (formerly Pieridae Energy Limited) (“Cavvy” or the “Company”) (TSX:PEA) is pleased to announce that the Company has changed its name from Pieridae Energy Limited to Cavvy Energy Ltd., effective May 9, 2025.

    The Company first announced its intention to change its name on March 27, 2025 and obtained shareholder approval for the name change at the Company’s Annual and Special Meeting of Shareholders (the “Meeting”) held on May 8, 2025. The Company received approval from the Toronto Stock Exchange (the “TSX”) in respect of the name change and expects that its common shares will begin trading on the TSX under the new name and the ticker symbol “CVVY” as of the open of markets on May 13, 2025.

    Following the name change, the Company also completed the previously announced continuance out of the federal jurisdiction of Canada under the Canada Business Corporations Act and into the provincial jurisdiction of Alberta under the Business Corporations Act (Alberta) (the “ABCA”), effective May 9, 2025. As a result of the continuance, the Company now exists under and is governed by the ABCA. Additionally, in connection with the continuance, the Company has adopted new by-laws under the ABCA. The continuance, including the adoption of the new by-laws in connection therewith, was approved by shareholders at the Meeting.

    No action is required to be taken by the Company’s shareholders in respect of the name change or the continuance. The Certificate and Articles of Amendment effecting the name change, Certificate and Articles of Continuance effecting the continuance and new by-laws of the Company are available on the Company’s website and under the Company’s SEDAR+ profile at www.sedarplus.ca.

    About Cavvy Energy

    Cavvy Energy is a Canadian energy company headquartered in Calgary, Alberta. The Company is a significant upstream producer and midstream custom processor of natural gas, NGLs, condensate, and sulphur from Western Canada. Cavvy’s vision is to provide responsible, affordable natural gas and derived products to meet society’s energy security needs.

    For further information, visit www.cavvyenergy.com, or please contact:

    Darcy Reding, President & Chief Executive Officer Adam Gray, Chief Financial Officer
    Telephone: (403) 261-5900 Telephone: (403) 261-5900
       

    Investor Relations
    investors@cavvyenergy.com

    Forward-Looking Statements

    Certain of the statements contained herein may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively “forward-looking statements”), including the Company’s expectation that its common shares will begin trading under the new name and stock symbol “CVVY” on the TSX on May 13, 2025. Words such as “will”, “intend”, “expect”, “vision”, “strategy” and similar expressions may be used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management.

    Forward-looking statements are based on a number of factors and assumptions which have been used to develop such forward-looking statements, but which may prove to be incorrect. Although Cavvy believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because Cavvy can give no assurance that such expectations will prove to be correct. A number of risk factors could cause actual results to differ materially from those anticipated, expressed or implied by the forward-looking statements contained herein. For more information about the assumptions and risks associated with the forward-looking statements contained herein, see “Forward Looking Information” and “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2024 and “Cautionary Note Regarding Forward-Looking Information” in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2024, each of which can be accessed through the Company’s SEDAR+ profile at www.sedarplus.ca.

    Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, management cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and Cavvy assumes no obligation to update or review them to reflect new events or circumstances except as required by applicable securities laws.

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

    The MIL Network

  • MIL-OSI: LIS Technologies Inc. Appoints Ryan Norton as its Senior Mechanical Design Engineer

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, May 12, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that Ryan Norton has joined the Company as its Senior Mechanical Design Engineer.

    Ryan Norton is an engineer with a background in mechanical and optomechanical design and analysis for both R&D and commercial products. His experience spans research, design and analysis of downhole drilling and laser tools, surface equipment and electronics packaging for space.

    Figure 1 – LIS Technologies Inc. Appoints Ryan Norton as its Senior Mechanical Design Engineer.

    During his time at Foro Energy, Ryan played a pivotal role in developing high-power laser tools for the energy sector. He led the design and testing of various groundbreaking optomechanical systems like the world’s first high power optical slip ring and novel hard rock laser drilling systems using both gases and fluids. He also worked on various other technologies such as high-performance nozzles, fiber optic connectors and high-pressure laser windows. His work has resulted in multiple patents related to high-power laser energy transfer and drilling technologies.

    Ryan holds a B.S. in Engineering with a Mechanical concentration and a minor in Mathematics from LeTourneau University.

    “It is a pleasure to welcome Ryan to LIS Technologies at this key junction,” said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. “His expertise will be instrumental as we move into the next phases of CRISLA development, and he will play a key part in facilitating the demonstration activities essential to CRISLA’s growth and expansion.”

    In his role, Ryan will support the development of mechanical solutions that drive advancement in the Company’s proprietary CRISLA-3G laser isotope separation technology, which was recently evaluated and determined to meet all elements required for a Technology Readiness Level (TRL) of 4.

    “LIS Technologies is broadening its capabilities and assembling a team equipped with the knowledge and expertise to be a leading innovator in the space,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “Engaging key professionals like Ryan is vital to sustaining our growth trajectory and I welcome him to the team.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:

    Email: info@laseristech.com

    Telephone: 800-388-5492

    Follow us on X Platform

    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Enphase Energy Expands in Europe with the IQ Balcony Solar System in Belgium

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., May 12, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of the Enphase® IQ® Balcony Solar System in Belgium. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to generate their own clean energy from balconies, patios, and small outdoor areas. It’s also a simple and affordable solution for fully off-grid use cases, offering reliable daytime power for cabins, camping sites, mobile home setups, and more. The IQ Balcony Solar System includes Enphase IQ8HC™ Microinverters, IQ® Balcony Gateway, and other components. Enphase also recently launched the product in Germany.   

    Balcony solar systems – or “plug-in solar” systems – are rapidly expanding access to clean energy for residents without traditional rooftop space. Belgium legalized balcony solar systems for the first time in April 2025, as the country targets a 40% increase in solar capacity by the end of this year. The Enphase IQ Balcony Solar System will help more people participate in the energy transition, supporting greater energy independence across Europe.

    The IQ Balcony Solar System offers the following key features:

    • Do-it-yourself installation: The system has an easy setup with plug-and-play connectors for self-installation and commissioning through the Enphase® App.
    • Off-grid operation: The system’s IQ Microinverters switch seamlessly between grid-tied and off-grid modes, so connected devices can stay powered during daytime grid outages, or function entirely off-grid when the sun is shining in rural or remote areas where grid power isn’t available.
    • Scalable solution: Homeowners can start with a small system and expand over time using an Enphase expansion kit as energy needs grow. Additional energy from the expansion kit can be harvested using the auxiliary socket.
    • Integrated connectivity: The system offers a simplified setup using Wi-Fi or cellular data, supported by a 5-year data plan for seamless monitoring and updates.
    • Highly reliable: The IQ8HC Microinverters come with an IP67 rating, while the IQ Balcony Gateway has an IP65 rating and a 5-year warranty.

    “We’re seeing a surge in interest from Belgians looking for easy-to-install systems that can help deliver real energy savings,” said Brent Groven, head of renewables procurement at GROEP Alelek, a distributor of Enphase products in Belgium. “The IQ Balcony Solar System makes solar energy available to people in apartments and homes who couldn’t participate before.”

    The standard Enphase IQ Balcony Solar Kit includes two IQ8HC Microinverters, one IQ Balcony Gateway, IQ® Cables, and one AC Power Cable. Retailers can bundle it with solar panels and racking before it is sold. The scalable system can accommodate up to seven IQ8HC Microinverters and panels, enabling the system to evolve with energy needs. System owners can easily install the system on their own and commission it using the Enphase App, which also allows users to monitor and view their energy production.

    “The IQ Balcony Solar System is a simple, powerful, and user-friendly solar balcony solution,” said Wiet Vande Velde, CEO of EnergyKing, an installer of Enphase products in Belgium. “We are excited about its scalability, reliability, and high performance, which we believe will enable more Belgians to achieve energy independence and resilience while reducing their utility costs.”

    “With the launch of the IQ Balcony Solar System in Belgium, we’re continuing to expand how and where people can access clean energy,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “This is a meaningful step in our broader European growth strategy, and we’re excited to bring more innovative, space-efficient solar solutions to customers across the region.”

    The Enphase IQ Balcony Solar System is available for purchase today on the Enphase website or with select partners. Solar panels, shelves, and mounting hardware are not included in this kit and must be purchased separately. To learn more about Enphase’s IQ Balcony Solar System in Belgium, visit the websites for homeowners (French and Dutch) and installers (French and Dutch).

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power – and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; the ability of more people to participate in the energy transition; Enphase Energy’s ability to support greater energy independence across Europe; and statements regarding the timing and availability Enphase Energy’s products in Belgium. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: Oxford Lane Capital Corp. Schedules Fourth Fiscal Quarter Earnings Release and Conference Call for May 19, 2025

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., May 12, 2025 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) announced today that it will hold a conference call to discuss its fourth fiscal quarter earnings on Monday, May 19, 2025 at 9:00 AM ET. The toll-free dial-in number is 1-833-470-1428, access code number 818188. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-866-813-9403. The replay pass-code number is 138532.

    About Oxford Lane Capital Corp.

    Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.

    Contact:
    Bruce Rubin
    203-983-5280

    The MIL Network

  • MIL-OSI: nuVizz and Ford Motor Company to Share Keys to 96% Parts Delivery Success at Home Delivery World

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 12, 2025 (GLOBE NEWSWIRE) — nuVizz, a leading innovator in last-mile transportation management solutions (TMS), will present alongside Ford Motor Company at Home Delivery World 2025, one of North America’s premier logistics and supply chain conferences. This session will provide a behind-the-scenes look at how nuVizz’s specialized last-mile TMS is streamlining one of the most expensive aspects of Ford’s logistics operations, creating a more innovative and efficient Dealer Delivery Service (DDS) network for parts deliveries.

    The session will feature Douglas Cantriel, Head of North American Transportation & Modernization at Ford Motor Company, and Gururaj Rao, CEO of nuVizz. The joint presentation will showcase Ford’s use of nuVizz’s cloud-based, AI-driven technology to improve visibility, efficiency and customer satisfaction in their complex parts delivery operations.

    “Our collaboration with Ford emphasizes the amazing possibilities of last-mile logistics technology. We are seeing a shift where large shippers are taking “ownership” of their delivery network with the help of true network-enabled technologies like nuVizz,” said Rao. “Initially, Ford faced a disjointed delivery network when we began our partnership. We have successfully provided Ford with a unified platform to oversee route design, evaluate operational and on-road performance and standardize processes to ensure Ford employs the most cost-effective strategies and provide dealers with true real-time visibility.”

    As customer expectations continue to rise with demands for same-day or next-day delivery, nuVizz plays a critical role in powering Ford’s supply chain efficiency. With nuVizz’s cutting-edge technology, Ford is able to deliver an incredible 96% of parts ordered by 4:00 pm by 10:00 am the next morning, ensuring minimal downtime for its dealers. Through this efficiency, nuVizz helps Ford deliver an astounding 90 million parts annually, providing unparalleled visibility and insights into their parts delivery operations. This enhanced transparency accelerates delivery times and enables Ford to make data-driven decisions, driving continuous improvement, operational excellence, and unmatched dealer satisfaction.

    “As Ford continues to push the boundaries of innovation in transportation and modernization, our partnership with nuVizz has redefined how we approach last-mile logistics,” said Cantriel. “I’m excited to join Guru at Home Delivery World to share how this collaboration is transforming Ford’s last-mile delivery processes and shaping the future of logistics.”

    Home Delivery World 2025 will be held May 21-22, 2025, at the Music City Convention Center in Nashville, TN. The joint nuVizz and Ford session is scheduled for May 21 at 2:20 pm in Theater 3.

    Ford’s collaboration with nuVizz exemplifies how the use of next-generation technologies can simplify and enhance complex supply chain frameworks, leading to more efficient operations. For more information about nuVizz and its last-mile TMS platform, visit www.nuvizz.com.

    About nuVizz
    nuVizz lights the way to better delivery and transportation logistics. From the first mile to the last mile-and everything in between – we’re trailblazers in supply chain optimization and digitization. Infinitely flexible, the nuVizz SaaS platform drives visibility, control, cost savings and a better customer experience across the fulfillment lifecycle.

    Our single-minded mission: simple, sustainable transportation solutions for every business on the planet. Go further, grow faster. For more information, visit nuvizz.com.

    Media Contact
    Tyler Thornton
    LeadCoverage
    tyler@leadcoverage.com

    nuVizz Contact
    marketing@nuvizz.com

    The MIL Network