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Category: GlobeNewswire

  • MIL-OSI: Nutanix Enables Agentic AI Anywhere with Latest Release of Nutanix Enterprise AI

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, May 07, 2025 (GLOBE NEWSWIRE) — .NEXT Conference — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the general availability of the latest version of the Nutanix Enterprise AI (NAI) solution, adding deeper integration with NVIDIA AI Enterprise, including NVIDIA NIM microservices and the NVIDIA NeMo framework, to speed the deployment of Agentic AI applications in the enterprise.

    NAI is designed to accelerate the adoption of generative AI in the enterprise by simplifying how customers build, run, and securely manage models and inferencing services at the edge, in the data center, and in public clouds on any Cloud Native Computing Foundation® (CNCF)-certified Kubernetes® environment.

    The latest NAI release extends a shared model service methodology that simplifies agentic workflows, helping to make deployment and day two operations simpler. It streamlines the resources and models required to deploy multiple applications across lines of business with a secure, common set of embedding, reranking, and guardrail functional models for agents. This builds on the NAI core, which includes a centralized LLM model repository that creates secure endpoints that make connecting generative AI applications and agents simple and private.

    “Nutanix is helping customers keep up with the fast pace of innovation in the Gen AI market,” said Thomas Cornely, SVP of Product Management at Nutanix. “We’ve expanded Nutanix Enterprise AI to integrate new NVIDIA NIM and NeMo microservices so that enterprise customers can securely and efficiently build, run, and manage AI Agents anywhere.”

    “Enterprises require sophisticated tools to simplify agentic AI development and deployment across their operations,” said Justin Boitano, Vice President of Enterprise AI Software Products at NVIDIA. “Integrating NVIDIA AI Enterprise software including NVIDIA NIM microservices and NVIDIA NeMo into Nutanix Enterprise AI provides a streamlined foundation for building and running powerful and secure AI agents.”

    NAI for agentic applications can help customers:

    • Deploy Agentic AI Applications with Shared LLM Endpoints – Customers can reuse existing deployed model endpoints as shared services for multiple applications. This re-use of model endpoints helps reduce usage of critical infrastructure components, including GPUs, CPUs, memory, file and object storage, and Kubernetes® clusters.
    • Leverage a Wide Array of LLM Endpoints – NAI enables a range of agentic model services, including NVIDIA Llama Nemotron open reasoning models, NVIDIA NeMo Retriever and NeMo Guardrails. NAI users can leverage NVIDIA AI Blueprints, which are pre-defined, customizable workflows, to jumpstart the development of their own AI applications that leverage NVIDIA models and AI microservices. In addition, NAI enables function calling for the configuration and consumption of external data sources to help AI agentic applications deliver more accurate and detailed results.
    • Support Generative AI Safety – This new NAI release will help customers implement agentic applications in ways consistent with their organization’s policies using guardrail models. These models can filter initial user queries and LLM responses to prevent biased or harmful outputs and can also maintain topic control and jailbreak attempt detection. For example, NVIDIA NeMo Guardrails are LLMs that provide content filtering to filter out unwanted content and other sensitive topics. These can also be applied to code generation, providing improved reliability and consistency across models.
    • Unlock Insights From Data with NVIDIA AI Data Platform – The Nutanix Cloud Platform solution builds on the NVIDIA AI Data Platform reference design and integrates the Nutanix Unified Storage and the Nutanix Database Service solutions for unstructured and structured data for AI. The Nutanix Cloud Infrastructure platform provides a private foundation for NVIDIA’s accelerated computing, networking, and AI software to turn data into actionable intelligence. As an NVIDIA-Certified Enterprise Storage solution, Nutanix Unified Storage meets rigorous performance and scalability standards, providing software-defined enterprise storage for enterprise AI workloads, through capabilities such as NVIDIA GPUDirect Storage.

    NAI is designed to use additional Nutanix platform services while allowing flexible deployments on HCI, bare metal, and cloud IaaS. NAI customers can also leverage the Nutanix Kubernetes Platform solution for multicloud fleet management of containerized cloud native applications, and Nutanix Unified Storage (NUS) and Nutanix Database Service (NDB) as discrete data services, offering a complete platform for agentic AI applications.

    “Customers can realize the full potential of generative AI without sacrificing control, which is especially important as businesses expand into agentic capabilities,” said Scott Sinclair, Practice Director, ESG. “This expanded partnership with NVIDIA provides organizations an optimized solution for agentic AI minimizing the risk of managing complex workflows while also safeguarding deployment through secure endpoint creation for APIs. AI initiatives are employed to deliver strategic advantages, but those advantages can’t happen without optimized infrastructure control and security.”

    To learn more about how to get started with the latest NAI version and new NVIDIA capabilities, visit our latest blog post.

    NAI with agentic model support is now generally available.

    About Nutanix

    Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

    © 2025 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Kubernetes is a registered trademark of The Linux Foundation in the United States and other countries. All other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. This release contains express and implied forward-looking statements, including but not limited to statements regarding the latest NAI release and its expected benefits, capabilities, features and technology. Such statements are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

    The MIL Network –

  • MIL-OSI: Glen Burnie Bancorp Announces First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    GLEN BURNIE, Md., May 07, 2025 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), today reported results for the first quarter ended March 31, 2025. Net income for the first quarter was $153,000, or $0.05 per basic and diluted common share, as compared to net income of $3,000, or $0 per basic and diluted common share for the three-month period ended March 31, 2024.   On March 31, 2025, Bancorp had total assets of $358.0 million. Bancorp is the oldest independent commercial bank in Anne Arundel County.

    “The Company continues to pursue growing loans and deposits to improve revenues, margins and, ultimately, profitability. That said, we are aware of headwinds that could result in a slowing economy. We continue to emphasize disciplined lending practices, focusing on growing new client relationships, safety, and margin. Our allowance for credit losses stood at $2.7 million at March 31, 2025, representing 1.30% of total loans. Our non-performing assets remained at minimal levels consistent with previous quarters, underscoring the strength of our underwriting standards and ongoing credit monitoring,” said Mark C. Hanna, President and Chief Executive Officer. “Our team is committed to our customers and communities, and we continue to focus on growing funding sources, growing earning assets and building the infrastructure needed to grow customer relationships. These strategic priorities drive all areas of revenue and expense control, with the goal of expanding both return on assets and return on capital for the long term. While markets have been volatile recently, our Company remains financially strong, sound, and secure as reflected in our capital levels, asset quality, diversified deposit base and access to multiple liquidity sources.”

    Highlights for the First Three Months of 2025

    Net interest income decreased $8,000, or 0.31% to $2.56 million through March 31, 2025, as compared to $2.57 million during the prior-year first quarter. The decrease resulted from a $233,000 increase in interest expense, offset by a $224,000 increase in interest income. The increase in interest on deposits was driven by increased deposit balances in the money market products. The increase in interest and fees on loans was driven by the $30.0 million higher average balance and 0.27% higher yield on loan balances.

    The Company expects that its strong liquidity and capital positions will provide ample capacity for future growth.

    Return on average assets for the three-month period ended March 31, 2025, was 0.17%, as compared to 0% for the three-month period ended March 31, 2024. Return on average equity for the three-month period ended March 31, 2025, was 3.22%, as compared to 0.06% for the three-month period ended March 31, 2024.   Release of provision for credit allowance on loans and unfunded commitments primarily drove the higher return on average assets and average equity.

    On March 31, 2025, liquidity remained strong due to managed cash and cash equivalents, borrowing lines with the FHLB of Atlanta, the Federal Reserve and correspondent banks, and the size and composition of the bond portfolio.

    Balance Sheet Review

    Total assets were $358.0 million on March 31, 2025, a decrease of $1.0 million or 0.27%, from $359.0 million on December 31, 2024.   Cash and cash equivalents decreased $788,000 or 3.22%, from December 31, 2024, to March 31, 2025. Investment securities were $106.6 million on March 31, 2025, a decrease of $1.3 million or 1.23%, from $107.9 million on December 31, 2024.   Loans, net of deferred fees and costs, were $207.4 million on March 31, 2025, an increase of $2.2 million or 1.06%, from $205.2 million on December 31, 2024.   Loan balances increased 16.52% over the last four quarters, growing from $178.0 million on March 31, 2024 to $207.4 million on March 31, 2025. With the $20 million reduction in short term borrowings over the past twelve months, average earning-asset balances declined slightly to $356.2 million on March 31, 2025, as compared to $362.0 million during the prior-year first quarter.

    Total deposits were $317.3 million on March 31, 2025, an increase of $8.1 million or 2.61%, from $309.2 million on December 31, 2024. Noninterest-bearing deposits were $104.5 million on March 31, 2025, an increase of $3.7 million or 3.71%, from $100.7 million on December 31, 2024.   Interest-bearing deposits were $212.8 million on March 31, 2025, an increase of $4.4 million or 2.08%, from $208.4 million on December 31, 2024. Total borrowings were $20.0 million on March 31, 2025, a decrease of $10.0 million, or 33.33% from $30.0 million on December 31, 2024.

    As of March 31, 2025, total stockholders’ equity was $19.2 million (5.36% of total assets), equivalent to a book value of $6.61 per common share. Total stockholders’ equity on December 31, 2024, was $17.8 million (4.96% of total assets), equivalent to a book value of $6.14 per common share. The increase in the ratio of stockholders’ equity to total assets was due to an increase in equity from the decline in the market value loss of the Company’s available-for-sale securities portfolio. Included in stockholders’ equity on March 31, 2025, and December 31, 2024, were unrealized losses (net of taxes) on the Company’s available-for-sale investment securities totaling $17.8 million and $19.0 million, respectively. This decrease in unrealized losses primarily resulted from decreasing market interest rates during the first quarter of 2025, which increased the fair value of the investment securities. Changes in unrealized losses on the investment portfolio are attributed to changes in interest rates, not credit quality. The Company does not intend to sell, and it is more likely than not that it will not be required to sell any securities held at an unrealized loss.

    Asset quality, which has trended within a narrow range over the past several years, remains sound on March 31, 2025. Nonperforming assets, which consist of nonaccrual loans, restructured loans to borrowers with financial difficulty, accruing loans past due 90 days or more, and other real estate owned, represented 0.32% of total assets on March 31, 2025, as compared to 0.10% on December 31, 2024, demonstrating positive asset quality trends across the portfolio.   The allowance for credit losses on loans was $2.7 million, or 1.30% of total loans, as of March 31, 2025, as compared to $2.8 million, or 1.38% of total loans, as of December 31, 2024. The allowance for credit losses for unfunded commitments was $110,000 as of March 31, 2025, as compared to $584,000 as of December 31, 2024. The $474,000 decrease was primarily driven by the utilization of 1.33% lower loss rates during the first quarter of 2025 as compared to the fourth quarter of 2024.

    Review of Financial Results

    For the three-month periods ended March 31, 2025, and 2024

    Net income for the three-month period ended March 31, 2025, was $153,000, as compared to net income of $3,000 for the three-month period ended March 31, 2024.   The increase is primarily the result of a $315,000 decrease in the allowance for credit loss and $474,000 decrease in the allowance for unfunded commitments included in other noninterest expenses, partially offset by a $209,000 increase in salary and employee benefits costs, a $129,000 increase in legal, accounting and other professional fees, and a $203,000 decrease in income tax benefit.  

    The Company is taking steps to reduce non-interest expenses in future periods which include the January 2025 closure of our Linthicum branch office, the planned closing of our Severna Park branch office in May of 2025, and the recent announcement of an early retirement program.

    Net interest income for the three-month period ended March 31, 2025, totaled $2.56 million, as compared to $2.57 million for the three-month period ended March 31, 2024. The $8,000 decrease in net interest income was primarily due to the $439,000 increase in interest expense related to higher balances on money market deposits, $193,000 lower interest and dividends on securities due to principal paydowns, and $77,000 lower interest on deposits with banks due to lower cash balances, offset by $494,000 higher interest income on loans due to higher yields and balances, and $206,000 lower interest on short term borrowings due to lower borrowing balances.

    Net interest margin for the three-month period ended March 31, 2025, was 2.92%, as compared to 2.86% for the same period of 2024, an increase of 0.06%. The increase in the net interest margin is primarily due to increases in the yield on loans, offset by increases in yields on interest-bearing deposits and borrowed funds. Loan yields increased from 5.06% to 5.34% between the two periods while the cost of interest-bearing liabilities increased from 1.51% to 1.89% between the two periods.  

    The average balance of interest-earning assets decreased $5.8 million while the yield increased 0.35% from 3.78% to 4.13%, when comparing the three-month periods ended March 31, 2025, and 2024, respectively. The average balance of interest-bearing funds increased $7.6 million during these same periods. The average balance of noninterest-bearing funds decreased $12.9 million, and the cost of funds increased 0.31%, when comparing the three-month periods ended March 31, 2025, and 2024.

    The release of credit loss allowance on loans for the three-month period ended March 31, 2025, was $146,000, as compared to a provision of credit loss allowance of $169,000 for the same period of 2024. The decrease for the three-month period ended March 31, 2025, when compared to the three-month period ended March 31, 2024, primarily reflects the use of a lower loss rate. Noninterest income for the three-month period ended March 31, 2025, was $205,000, as compared to $229,000 for the three-month period ended March 31, 2024.

    For the quarter ended March 31, 2025, noninterest expense totaled $2.8 million, a decrease of $69,000 compared to $2.9 million for the quarter ended March 31, 2024. On a year-over-year comparative basis, noninterest expenses decreased due to a $474,000 decrease in the credit allowance for unfunded commitments, partially offset by a $209,000 increase in salary and employee benefits and $129,000 increase in legal, accounting, and other professional fees. Salary and employee benefits expenses increased primarily due to increased employee wages and the cost of incentive programs.

    For the three-month period ended March 31, 2025, income tax benefit was $29,000, as compared with $232,000 for the same period a year earlier.   The $232,000 income tax benefit included $87,000 associated with amended Maryland tax returns for tax years 2022 and 2021.

    Glen Burnie Bancorp Information

    Glen Burnie Bancorp is a bank holding company headquartered in Glen Burnie, Maryland. Founded in 1949, The Bank of Glen Burnie® is a locally owned community bank with seven branch offices serving Anne Arundel County. The Bank is engaged in the commercial and retail banking business including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships, and corporations. The Bank’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. The Bank also originates automobile loans through arrangements with local automobile dealers. Additional information is available at www.thebankofglenburnie.com.

    Forward-Looking Statements

    The statements contained herein that are not historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, which could cause the Company’s actual results in the future to differ materially from its historical results and those presently anticipated or projected. These statements are evidenced by terms such as “anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,” and similar expressions. Although these statements reflect management’s good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. For a more complete discussion of these and other risk factors, please see the Company’s reports filed with the Securities and Exchange Commission.

             
    GLEN BURNIE BANCORP AND SUBSIDIARY
    CONSOLIDATED BALANCE SHEETS
    (dollars in thousands)
               
      March 31,   March 31,   December 31,
        2025       2024       2024  
      (unaudited)   (unaudited)   (audited)
    ASSETS          
    Cash and due from banks $ 1,792     $ 9,091     $ 2,012  
    Interest-bearing deposits in other financial institutions   21,884       33,537       22,452  
       Total Cash and Cash Equivalents   23,676       42,628       24,464  
               
    Investment securities available for sale, at fair value   106,623       128,727       107,949  
    Restricted equity securities, at cost   1,201       246       1,671  
               
    Loans, net of deferred fees and costs   207,393       177,950       205,219  
    Less: Allowance for credit losses(1)   (2,689 )     (2,035 )     (2,839 )
       Loans, net   204,704       175,915       202,380  
               
    Premises and equipment, net   2,609       2,928       2,678  
    Bank owned life insurance   8,877       8,700       8,834  
    Deferred tax assets, net   8,088       8,255       8,548  
    Accrued interest receivable   1,243       1,281       1,345  
    Accrued taxes receivable   159       363       148  
    Prepaid expenses   474       460       471  
    Other assets   319       367       468  
       Total Assets $ 357,973     $ 369,870     $ 358,956  
               
    LIABILITIES          
    Noninterest-bearing deposits $ 104,487     $ 115,167     $ 100,747  
    Interest-bearing deposits   212,770       194,064       208,442  
    Total Deposits   317,257       309,231       309,189  
               
    Short-term borrowings   20,000       40,000       30,000  
    Defined pension liability   338       327       330  
    Accrued expenses and other liabilities   1,197       2,183       1,620  
       Total Liabilities   338,792       351,741       341,139  
               
    STOCKHOLDERS’ EQUITY          
    Common stock, par value $1, authorized 15,000,000 shares, issued and outstanding 2,900,681, 2,887,467, and 2,900,481 shares as of March 31, 2025, March 31, 2024, and December 31, 2024, respectively.   2,901       2,887       2,901  
    Additional paid-in capital   11,037       10,989       11,037  
    Retained earnings   23,035       23,575       22,882  
    Accumulated other comprehensive loss   (17,792 )     (19,322 )     (19,003 )
       Total Stockholders’ Equity   19,181       18,129       17,817  
       Total Liabilities and Stockholders’ Equity $ 357,973     $ 369,870     $ 358,956  
               
    GLEN BURNIE BANCORP AND SUBSIDIARY
    CONSOLIDATED STATEMENTS OF (LOSS) INCOME
    (dollars in thousands, except per share amounts)
    (unaudited)
             
         Three Months Ended
    March 31,
          2025       2024  
    Interest income        
    Interest and fees on loans   $ 2,709     $ 2,215  
    Interest and dividends on securities     745       938  
    Interest on deposits with banks and federal funds sold     175       252  
    Total Interest Income     3,629       3,405  
             
    Interest expense        
    Interest on deposits     841       402  
    Interest on short-term borrowings     225       431  
    Total Interest Expense     1,066       833  
             
    Net Interest Income     2,563       2,572  
    (Release) provision of credit loss allowance     (146 )     169  
    Net interest income after credit loss provision     2,709       2,403  
             
    Noninterest income        
    Service charges on deposit accounts     31       38  
    Other fees and commissions     131       148  
    Income on life insurance     43       43  
    Total Noninterest Income     205       229  
             
    Noninterest expenses        
    Salary and employee benefits     1,827       1,618  
    Occupancy and equipment expenses     309       331  
    Legal, accounting and other professional fees     383       254  
    Data processing and item processing services     256       250  
    FDIC insurance costs     41       38  
    Advertising and marketing related expenses     37       23  
    Loan collection costs     45       5  
    Telephone costs     38       40  
    Other expenses     (146 )     302  
    Total Noninterest Expenses     2,790       2,861  
             
    Loss before income taxes     124       (229 )
    Income tax beneift     (29 )     (232 )
             
       Net income   $ 153     $ 3  
             
    Basic and diluted net income per common share   $ 0.05     $ –  
             
    GLEN BURNIE BANCORP AND SUBSIDIARY            
    CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY
    For the three months ended March 31, 2025 and 2024            
    (dollars in thousands)                  
                         
                    Accumulated    
            Additional       Other   Total
        Common   Paid-in   Retained   Comprehensive   Stockholders’
    (unaudited) Stock   Capital   Earnings   Loss   Equity
    Balance, December 31, 2023 $ 2,883   $ 10,964   $ 23,859     $ (18,381 )   $ 19,325  
                         
    Net income   –     –     3       –       3  
    Cash dividends, $0.10 per share   –     –     (287 )     –       (287 )
    Dividends reinvested under dividend reinvestment plan   4     25     –       –       29  
    Other comprehensive loss   –     –     –       (941 )     (941 )
    Balance, March 31, 2024 $ 2,887   $ 10,989   $ 23,575     $ (19,322 )   $ 18,129  
                         
                         
                    Accumulated    
            Additional       Other   Total
        Common   Paid-in   Retained   Comprehensive   Stockholders’
    (unaudited) Stock   Capital   Earnings   (Loss) Income   Equity
    Balance, December 31, 2024 $ 2,901   $ 11,037   $ 22,882     $ (19,003 )   $ 17,817  
                         
    Net income   –     –     153       –       153  
    Other comprehensive income   –     –     –       1,211       1,211  
    Balance, March 31, 2025 $ 2,901   $ 11,037   $ 23,035     $ (17,792 )   $ 19,181  
                         
    GLEN BURNIE BANCORP AND SUBSIDIARY
    SELECTED FINANCIAL DATA
    (dollars in thousands, except per share amounts)
                     
        Three Months Ended   Year Ended
        March 31,   December 31,   March 31,   December 31,
          2025       2024       2024       2024  
        (unaudited)   (unaudited)   (unaudited)   (unaudited)
                     
    Financial Data                
    Assets   $ 357,973     $ 358,956     $ 369,870     $ 358,956  
    Investment securities     106,623       107,949       128,727       107,949  
    Loans, (net of deferred fees & costs)     207,393       205,219       177,950       205,219  
    Allowance for loan losses     2,689       2,839       2,035       2,839  
    Deposits     317,257       309,189       309,231       309,189  
    Borrowings     20,000       30,000       40,000       30,000  
    Stockholders’ equity     19,181       17,817       18,129       17,817  
    Net income (loss)     153       (39 )     3       (112 )
                     
    Average Balances                
    Assets   $ 353,308     $ 366,888     $ 358,877     $ 363,994  
    Investment securities     132,805       136,868       163,618       148,037  
    Loans, (net of deferred fees & costs)     205,868       204,703       175,914       192,646  
    Deposits     312,030       314,046       305,858       309,838  
    Borrowings     20,215       30,323       31,667       32,721  
    Stockholders’ equity     19,258       20,664       19,124       19,169  
                     
    Performance Ratios                
    Annualized return on average assets     0.17%       -0.04%       0.00%       -0.03%  
    Annualized return on average equity     3.22%       -0.75%       0.06%       -0.58%  
    Net interest margin     2.92%       2.98%       2.86%       2.98%  
    Dividend payout ratio     0%       0%       9426%       -773%  
    Book value per share   $ 6.61     $ 6.14     $ 6.28     $ 6.14  
    Basic and diluted net income (loss) per share     0.05       (0.01 )     –       (0.04 )
    Cash dividends declared per share     0.00       0.00       0.10       0.30  
    Basic and diluted weighted average shares outstanding     2,900,681       2,900,681       2,885,552       2,893,871  
                     
    Asset Quality Ratios                
    Allowance for loan losses to loans     1.30%       1.38%       1.14%       1.38%  
    Nonperforming loans to avg. loans     0.55%       0.18%       0.21%       0.19%  
    Allowance for loan losses to nonaccrual & 90+ past due loans     236.9%       789.1%       549.1%       789.1%  
    Net charge-offs (recoveries) annualize to avg. loans     0.01%       -0.04 %     0.66%       0.08%  
                     
    Capital Ratios                
    Common Equity Tier 1 Capital   N/A     15.15%       17.14%       15.15%  
    Tier 1 Risk-based Capital Ratio   N/A     15.15%       17.14%       15.15%  
    Leverage Ratio   N/A     9.97%       10.43%       9.97%  
    Total Risk-Based Capital Ratio   N/A     16.40%       18.30%       16.40%  
                     

    The MIL Network –

  • MIL-OSI: UPDATE – Abundance Energy, SOLRITE Energy, and sonnen Develop Residential Battery-Enabled Virtual Power Plants in Texas

    Source: GlobeNewswire (MIL-OSI)

    STONE MOUNTAIN, Ga., May 07, 2025 (GLOBE NEWSWIRE) — Abundance Energy, sonnen, SOLRITE Energy, and Energywell Technology Licensing, LLC (“Energywell”) are joining forces to power the future of energy through the development of behind-the-meter, battery-enabled Virtual Power Plants (“VPP”) in Texas.

    The collaboration empowers Abundance Energy customers to use their sonnenConnect home batteries to support grid stability, ensure reliable energy delivery, and lower electricity costs while driving the development of smart, sustainable energy solutions.

    Enabled by SOLRITE Energy’s innovative virtual power plant purchase agreement (VPA) financing model, participants can install solar panels and sonnen battery systems at no upfront cost, lowering barriers to entry for this VPP program. sonnen and SOLRITE first introduced this novel VPA structure to the Texas market in January 2025.

    Optimized through the integration of Energywell’s Proton platform with sonnen’s advanced control technology, each battery is continuously managed in response to market price signals, customer usage, and solar generation. Networked together, these batteries create a VPP, dynamically balancing energy supply and demand to maximize value for both the grid and the customer. Under the VPA financing model, SOLRITE owns and manages all the customer solar and sonnen energy storage systems and customers in turn receive the benefit of low energy costs and reliable back-up power.

    “Our mission is to empower homeowners with smarter, more sustainable energy solutions,” said Thomas Mandry, CEO of Abundance Energy. “By combining sonnen’s best-in-class battery technology, Energywell’s market expertise through its Proton platform, and SOLRITE’s unique financing model, we are delivering an innovative VPP model that benefits both customers and the Texas grid.”

    sonnen’s VPP technology intelligently manages energy supply and demand, ensuring stored solar or grid energy is strategically deployed when needed most. “Our VPP solutions enable customers to actively participate in the energy market while maintaining resilience in their homes,” said Blake Richetta, Chairman and CEO of sonnen. “With Abundance Energy, SOLRITE, and Energywell, we’re setting a new standard for residential energy management.”

    “At SOLRITE, we believe financial innovation is key to unlocking the full potential of distributed energy,” said Regan George, CEO of SOLRITE Energy. “By eliminating upfront costs for solar and battery installations, we enable more homeowners to participate in this VPP program, delivering clean, reliable power to customers and adding value to the grid.”

    Energywell’s Proton platform provides advanced forecasting and optimization tools to ensure batteries are dispatched in alignment with market opportunities. “The Texas energy landscape is evolving, and this partnership exemplifies the future of distributed energy,” said Michael Fallquist, CEO of Energywell. “By optimizing stored energy, we are reducing reliance on fossil fuels and lowering carbon emissions, building a smarter, cleaner, and more flexible grid.”

    This VPP initiative aligns with Texas’ growing demand for resilient, customer-driven energy solutions and paves the way for further innovation in the residential energy sector.

    About SOLRITE

    SOLRITE Energy is a clean energy financing company pioneering new ways to make solar and battery storage accessible to homeowners. Its flagship Virtual Power Plant Power Purchase Agreement (VPA), developed with sonnen, provides solar panels and home battery systems at no upfront cost in exchange for a low, fixed energy rate. By partnering with retail electric providers and technology companies, SOLRITE makes sustainable energy solutions accessible while supporting grid reliability. Visit solriteenergy.com for more information.

    About Abundance Energy

    Abundance Energy is a digital-native Retail Electric Provider (REP) startup licensed for operations in Texas. Abundance’s products include transparent fixed-rate residential plans and multi-meter Continuous Service Agreement plans for vacant property management with a built-to-purpose CSA customer platform. Abundance is part of the Quext family of companies that includes next-generation LoRaWAN proprietary IoT thermostats and smart locks for the multifamily market. Visit abundanceenergy.com for more information.

    About sonnen

    sonnen is one of the world’s leading manufacturers of smart energy storage systems for residential applications, and a pioneer of the residential battery based virtual power plant. The sonnen VPP is nationally recognized as a blueprint for the decentralized, digitalized, decarbonized energy system of the future. sonnen is one of the most experienced and fastest growing VPP energy storage companies in the world. sonnen has received many internationally recognized awards celebrating our technological achievement. sonnen products and services are used by the sonnenCommunity, a collection of visionaries around the world who share our vision of clean and affordable energy for everyone. In Texas, sonnen partners with SOLRITE Energy to bring their flagship Virtual Power Plant Power Purchase Agreement (VPA), to provide solar panels and home battery systems at no upfront cost.

    sonnen’s offices are located in Germany, Italy, Spain, Australia, and the USA. sonnen is a wholly owned subsidiary of Shell. Learn more at: https://sonnenusa.com/en

    About Energywell

    Energywell is an energy technology company powering the sustainable energy transition. Energywell combines the financial strength of funds managed by Oaktree Capital Management, L.P. and capital and commodities expertise from Hartree Partners L.P. with proprietary technology and a seasoned team of energy industry veterans. Visit Energywell.com for more information.

    About Proton

    Energywell’s Proton platform delivers real-time energy insights and seamless device integration, empowering businesses and customers to optimize energy more sustainably. Proton uses cloud-native, event-driven architecture to ensure energy solutions scale quickly while maintaining the highest standards of security, including SOC 2 Type 2 compliance. Proton is available for licensing for third parties looking to accelerate their own energy management capabilities. Visit Energywell.com for more information.

    Media contact:

    FischTank PR

    sonnen@fischtankpr.com

    The MIL Network –

  • MIL-OSI: Canadian Nuclear Laboratories and Isowater Sign Strategic Partnership Agreement to Expand Heavy Water Production

    Source: GlobeNewswire (MIL-OSI)

    CHALK RIVER, Ontario, May 07, 2025 (GLOBE NEWSWIRE) — Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, is pleased to announce that it has entered into a strategic partnership agreement with Isowater Corporation, a member of the KEY DH Technologies Inc. Group, a Canadian-based, international leader in the hydrogen and deuterium industries. The partnership will support the growth of Isowater’s deuterium oxide (heavy water) refinement business. Under terms of the agreement, CNL will offer support to Isowater in the form of expertise in hydrogen isotope separation and related technologies, leveraging Atomic Energy of Canada Limited’s (AECL) extensive intellectual property related to the upgrading of heavy water.

    With CNL’s support, Isowater will work to expand and improve its deuterium refining capabilities. This will enable the company to better serve various non-nuclear deuterium markets through the provision of deuterium production and recycling services, and a higher-purity end-product. This aligns with CNL’s holistic heavy water strategy, which is aimed at leveraging the extensive expertise and technologies within Canada’s national nuclear laboratories to help address the growing international market demand for heavy water in both the nuclear and non-nuclear sectors.

    “CNL is excited to enter into this partnership with Isowater, a Canadian leader in the supply of heavy water and deuterium-based compounds, and a company whose expertise and capabilities complement our own,” commented Jack Craig, CNL’s President and CEO. “This agreement comes amidst growing interest in the use of heavy water in non-nuclear industries, from electronics to health sciences. By applying our expertise and technologies, built through more than 60 years of scientific research in hydrogen isotope management, we believe that CNL can help Isowater grow and improve its heavy water refining capabilities. We look forward to working with them under the terms of our new agreement.”

    “This partnership represents the next phase of the close relationship between Isowater, CNL and AECL that has developed over the past decade,” said Andrew T.B. Stuart, Chairman of KEY. “Our collaboration has been an important enabler of the more than 10% compound annual growth rate in deuterium oxide use by the global high technology and life sciences industries.” Stuart added, “CNL, Canada’s premier science and technology laboratory, offers world-class technology and expertise that support the path to global success of organizations like ours.”

    Deuterium oxide (heavy water) is a form of water in which the normal hydrogen is replaced by a heavier form of hydrogen called deuterium. Since the company was founded in 2009, Isowater has established a global market presence as a trusted and reliable supplier of high-purity heavy water to some of the world’s most sophisticated industries, including life sciences and manufacturers of semiconductors, OLED displays and fibre optics. As part of their strategic partnership, CNL will supply Isowater with isotope exchange catalyst technologies for its deuterium refinement process. On an as-needed basis, CNL will also provide subject matter expert support for Isowater’s deuterium refineries, which is envisioned to include process optimization and troubleshooting.

    Thanks to the foundation of research from its predecessor, AECL, CNL is now considered a world leader in heavy water production and upgrading technology, with over 60 years of expertise, experience and innovation covering all aspects of the technology. These capabilities include laboratory development activities; development of proprietary wetproofed catalysts with the required longevity for economical deployment; demonstrations through design, construction, commissioning and operation of pilot and prototype plants; and development of a family of proprietary codes for simulating the processes and catalyst performance profiles along the isotope exchange catalyst beds.

    As a federal Crown corporation, AECL owns and oversees the sites under management by CNL. “AECL is pleased to see the signing of this agreement, which makes use of our extensive intellectual property in heavy water production and refinement,” said Fred Dermarkar, AECL’s President and CEO. “This is another example of the value of Canada’s investment in its national nuclear laboratories. Our model allows us to connect commercial and academic partners with Canada’s unique nuclear science assets. This agreement would not be possible without the innovative collaboration between the federal government and the private sector,” added Dermarkar.

    To learn more about CNL, including its research related to hydrogen isotope technologies, please visit www.cnl.ca.

    About CNL

    As Canada’s premier nuclear science and technology laboratory and working under the direction of Atomic Energy of Canada Limited (AECL), CNL is a world leader in the development of innovative nuclear science and technology products and services. Guided by an ambitious corporate strategy known as Vision 2030, CNL fulfills three strategic priorities of national importance – restoring and protecting the environment, advancing clean energy technologies, and contributing to the health of Canadians.

    By leveraging the assets owned by AECL, CNL also serves as the nexus between government, the nuclear industry, the broader private sector and the academic community. CNL works in collaboration with these sectors to advance innovative Canadian products and services towards real-world use, including carbon-free energy, cancer treatments and other therapies, non-proliferation technologies and waste management solutions.

    To learn more about CNL, please visit www.cnl.ca.

    About Isowater

    Isowater is the deuterium oxide production, refining and sales entity of the Key (KEY) DH Technologies Inc. Group. The KEY Group also includes deutraMed, a developer and provider of value-added deuterium-based products and services to the high technology and life sciences industries; and Hydrogen Optimized, a manufacturer of large-scale water electrolyzers for the production of both hydrogen and enriched deuterium oxide. Together, these companies enable a long-term, secure supply of deuterium for global markets. KEY Group products are exported to customers in more than 25 countries.

    For more information, please visit www.keydht.com. Links to Isowater and other KEY Group companies can be accessed via this website.

    CNL Contact:
    Philip Kompass
    Director, Corporate Communications
    1-866-886-2325
    media@cnl.ca 

    Isowater Contact:
    Don Hogarth
    Director of Communications
    416-565-8920
    don-hogarth@isowater.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/77c74a3b-5ad9-456d-bd4d-3ce3a62956e3

    The MIL Network –

  • MIL-OSI: Westland Benefits acquires Alberta-based Sagium Health Strategies Inc.

    Source: GlobeNewswire (MIL-OSI)

    Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), May 07, 2025 (GLOBE NEWSWIRE) — Westland Insurance today announced that its newly launched benefits brand, Westland Benefits, has acquired Sagium Health Strategies Inc. (Sagium Health) effective May 1. This strategic acquisition expands Westland Benefits’ position in the benefits and health insurance sector and grows its presence in Alberta. 

    Sagium Health, located in Calgary, specializes in providing employee benefits and private healthcare solutions tailored to the needs of individuals and small to mid-sized companies. The firm is known for bridging unique individual and employer needs through its bespoke health programs and comprehensive group benefits offerings. 

    “We’re very excited to welcome Sagium Health to the Westland Benefits team,” says Matt Mann, President of Westland Benefits. “The acquisition of Sagium Health is a pivotal step in our commitment to delivering exceptional benefits solutions to our clients. By integrating Sagium’s expertise and innovative offerings, we’re poised to enhance our service delivery and expand our reach in the Alberta market.” 

    Greg Guderyan, President & CEO of Sagium Health, added, “Joining forces with Westland Benefits allows us to leverage their extensive resources and network, enabling us to provide even more comprehensive solutions. We look forward to this new chapter and the opportunities it brings for our team and our clients.” 

    Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions. 

    -30- 

    About Westland Benefits 

    Westland Benefits is the dedicated employee benefits division of Westland Insurance Group, one of Canada’s largest and fastest growing insurance brokerages. Combining the personalized service of a boutique advisory firm with the reach and resources of a national broker, Westland Benefits delivers tailored, people-first solutions that support employee well-being and business performance. With deep expertise and a high-touch approach, Westland Benefits helps organizations navigate the evolving benefits landscape with confidence. As part of the Westland family, Westland Benefits is committed to empowering Canadian businesses through trusted advice and innovative benefits strategies. For more information, please visit our website. 

    About Westland Insurance Group   

    Westland Insurance Group is one of the largest and fastest growing insurance brokers in Canada. Trading over $4 billion of premium, Westland continues to expand coast to coast. Westland’s brokers provide expertise and advisory-based services across commercial, personal, employee benefits, farm, and specialty insurance segments. The company’s mission is to protect individuals, businesses, and communities across Canada with trusted advice and tailored insurance solutions. As a Canadian-based company, Westland is proud to support local communities, Canadian jobs, and a strong economy. For more information, please visit westlandinsurance.ca.   

    The MIL Network –

  • MIL-OSI: AI Uncovers $27B Risk in Appraisals: Restb.ai White Paper Finds Flawed Condition and Quality Adjustments

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 07, 2025 (GLOBE NEWSWIRE) — A new Restb.ai White Paper released today analyzes more than 1,200 real estate appraisals to reveal for the first time over $27 billion in potential hidden financial risk tied to flawed property condition and quality adjustments – exposing a major blind spot in the real estate and mortgage ecosystem.

    The new Restb.ai study uncovers widespread inconsistencies and transparency issues in how appraisers assess and adjust for a property’s physical condition and quality, two factors that directly impact property valuation, borrower equity, and lender risk. Crucially, the White Paper provides deep insight into how appraisers can leverage computer vision to mitigate risks using objective image-based scoring to detect and justify condition and quality adjustments with greater precision.

    The study’s findings echo recent warnings from Fannie Mae, which identified condition and quality misreporting as one of its top three appraisal quality concerns.

    “The scale of flawed condition and quality adjustments in appraisals is bigger than most people realize,” said Nathan Brannen, Chief Product Officer at Restb.ai. “Most AMCs and lenders simply don’t have a quick and easy way to check for these issues, so they ignore the problem and hope for the best. AI finally offers a solution to efficiently manage this risk.”

    Unlocking new findings from appraisals
    Using its proprietary computer vision technology, Restb.ai analyzed 1,271 appraisals and 6,495 comparable properties and uncovered:

    • 1 in 3 appraisals contains a major risk tied to condition or quality adjustments that don’t match the actual property.
    • Nearly 3 out of 4 appraisals show warning signs of inconsistencies that could lead to inaccurate valuations.
    • Most homes were lumped into just two categories for condition (86%) and quality (97%), making it difficult to identify the real differences that could affect property value.
    • Adjustments were made even when properties had identical condition or quality scores – 11.8% for condition and 5.3% for quality – raising questions about consistency and transparency.

    The study warns that these patterns can lead to systematic overvaluations or undervaluations, which carry legal, reputational, and financial risks for lenders and appraisal management companies.

    Supporting appraiser empowerment to reduce risk
    The Restb.ai White Paper on quality and condition findings come at a pivotal moment as the GSEs advance appraisal modernization and shift toward component-based scoring. The study provides indisputable statistical evidence demonstrating that AI-powered computer vision is a vital resource for appraisers – helping them tackle one of the industry’s most persistent and historically costly challenges with greater consistency, precision, and confidence.

    “Automated, scalable risk detection is no longer a luxury – it’s now a necessity,” said Tony Pistilli, President, Valuation at Restb.ai. “By integrating computer vision into appraisal workflows, high-risk files can be flagged by lenders earlier, protect against repurchase claims, and promote fairer outcomes for consumers.”

    The White Paper shows that implementation of AI tools can improve appraisal quality, enhance compliance, and align with evolving GSE requirements, ultimately supporting a more stable and equitable housing finance system.

    A free copy of the Restb.ai White Paper on conditions and quality is available at blog.restb.ai/impact-of-condition-and-quality-on-appraisal-accuracy.

    About Restb.ai
    Restb.ai, the leader in AI-powered computer vision for real estate, provides image recognition and data enrichment solutions for many of the industry’s top brands and leading innovators in the mortgage industry with AI solutions for valuations and appraisals. Its advanced AI-powered technology automatically analyzes property imagery to unlock visual insights at scale – including property conditions – empowering mortgage, valuation, and appraisal firms with relevant and actionable property intelligence. Its proprietary artificial intelligence technology transforms property imagery into actionable insights, helping clients unlock new value from visual data and providing deep insight into each of the 1 million property photos uploaded daily.

    Media contacts:
    Restb.ai
    Maya Makarem | maya@restb.ai
    or
    Kevin Hawkins | WAV Group
    206-866-1220
    kevin@wavgroup.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/06854f8f-7e94-4319-84a9-9f75e4140b23

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0eb40f78-8077-41c3-af8a-7eca62a476b7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8aee103a-cb72-47f4-9848-12af60ac4113

    The MIL Network –

  • MIL-OSI: MadCap Software Debuts MadCap Flare Online, the Next-Generation Documentation Platform for the AI-Driven Future of Content

    Source: GlobeNewswire (MIL-OSI)

    Denver, CO, May 07, 2025 (GLOBE NEWSWIRE) — MadCap Software, Inc., the leader in multi-channel content authoring, management and publishing, backed by global investment firm Battery Ventures, today introduced MadCap Flare Online—the industry’s only documentation platform combining full desktop authoring with real-time cloud collaboration and artificial intelligence (AI) powered content generation and optimization. As a result, documentation teams no longer need to choose between cloud flexibility and authoring power. With MadCap Flare Online, they get everything needed to write, manage and publish state-of-the-art, AI-enhanced content anywhere.

    Now available, MadCap Flare Online combines the power of MadCap Flare with MadCap Central and access to advanced AI assistance. MadCap Flare is the industry’s leading desktop authoring software for technical communications professionals—trusted by thousands of organizations worldwide to produce single-source content for multiple channels, including modern documentation websites, online Help, print brochures, knowledge bases, support sites, training and development resources, and compliance reporting, among others. MadCap Central is the widely adopted, cloud-based content management platform that complements MadCap Flare by delivering robust functionality for publishing, project management, collaboration, translation, hosting, analytics, and AI-powered assistance.

    MadCap Flare Online is the next-generation documentation platform that is built on and replaces MadCap Central. Key new capabilities include:

    • Concurrent authoring with near-desktop-level functionality to enable collaboration while meeting most modern technical communications and documentation demands.
    • A MadCap Flare desktop install with seamless Flare Online integration, providing both the flexibility to work offline and features for advanced, specialized use cases.
    • Access to advanced AI functionality via MadCap Syndicate, including AI tool integration, semantic search, and retrieval augmented generation (RAG) chatbot support.

    “For years, enterprise documentation teams have had to choose between the collaboration and flexibility of cloud platforms and the robust advanced technical authoring features provided by desktop software. With MadCap Flare Online, there’s no longer a need to compromise,” said Anthony Olivier, MadCap Software founder and CEO. “By bringing the best of MadCap Flare and Central into a unified, next-generation documentation platform, Flare Online simplifies content development and delivery from start to finish without sacrificing control, scalability or structure. It’s flexible enough for technical authors, structured enough for enterprise teams, and smart enough for the AI-driven future of content.”

    Collaborative, Cloud-Based Authoring
    MadCap Flare Online makes it easier than ever for team members to collaborate. It allows authors and subject matter experts (SMEs) to create and edit content concurrently, leveraging the best-in-class technical authoring capabilities of MadCap Flare in the cloud. Meanwhile, a new intuitive interface designed for all skill levels makes it easy for anyone in the organization to create, contribute and review content.

    Using MadCap Flare Online, enterprises can maximize content reuse, streamline the creation of technical documentation, and enable single-source multi-channel publishing. The platform promotes modular writing for consistent, scalable documentation via robust topic-based authoring and snippet management, and it provides customizable project templates to help teams get started quickly. MadCap Flare Online also maintains full support for Flare desktop projects—including conditional text, variables, and tables of contents (TOCs)—so existing MadCap Flare projects can be pushed to the cloud and edited with full fidelity. 

    Additionally, MadCap Flare Online automatically includes a desktop installation of Flare with the online version. This unique hybrid model of online and desktop authoring gives teams the flexibility to work online or offline—no Internet connection required for continued productivity. The MadCap Flare desktop version also handles complex, advanced authoring tasks not supported by cloud authoring tools. These include importing and leveraging existing content from across the organization, such as Microsoft Word, Excel, etc.; building events and batch targets; integrating documentation with continuous integration/continuous delivery (CI/CD) workflows; and extending functionality via advanced scripting and plugin support.

    “Flare Online makes it easy for authors and SMEs to collaborate in real time, through the web on any device,” said Scott DeLoach, ClickStart founder. “Whether you’re conducting technical reviews or need to make a quick update, Flare Online is fast, efficient, and built for today’s content management workflows.”

    Comprehensive Content Management and Publishing
    The comprehensive, cloud-based MadCap Flare Online documentation platform complements Flare authoring features with robust functionality for publishing, project management, collaboration, translation management, AI-assisted authoring, hosting and analytics. The result is an all-in-one solution that enables teams to author, manage and publish content directly from their browsers—no downloads or installations required.

    • One-click, multichannel publishing provides the power to instantly push updates live to desired channels, such as HTML5 and other responsive outputs, PDF, ePub, Microsoft Word, and Microsoft PowerPoint, among others.
    • Role-based permissions enable organizations to maintain control with user roles and collaborative workflows.
    • Version control and review empower teams to track changes and maintain governance throughout the content lifecycle.
    • Content usage analytics provide insights on how to improve content quality and users’ experiences.
    • Advanced translation management reduces the cost and complexity of localizing content.

    MadCap Flare Online also gives enterprises a future-proof approach for creating, delivering and managing content.

    • Built for scale: MadCap Flare Online provides the ability to adapt to teams as they evolve, from a solo writer to a global documentation department.
    • Freedom from lock-in: Both MadCap Flare Online and MadCap Flare are based on open industry standards, so unlike proprietary products, there is no vendor lock-in.

    AI-Driven Assistance and Insights
    MadCap Flare Online also features AI Assist, which allows customers to leverage ChatGPT from within the Flare Online interface. For example, using AI Assist, authorized users can train ChatGPT on their existing content to receive responses in the company’s voice; edit and format the ChatGPT responses in the AI Assist interface; click to insert the text directly into a document in Flare Online; view the difference between original content and text edited by ChatGPT; and translate content directly in the Content Editor. Importantly, MadCap Flare Online allows administrators to control how much or whether to use AI Assist at all, depending on their corporate policies.

    In addition to AI Assist, MadCap Flare Online provides access to the advanced AI features provided by MadCap Syndicate, an enterprise-scale, cloud-based content delivery and aggregation platform. Using the Publish to Syndicate feature, teams can publish content directly from Flare Online to Syndicate. Once the content is stored in MadCap Syndicate:

    • AI tool integration is supported through the ability to feed Flare content into large language models (LLMs).
    • AI-powered semantic search lets teams use natural language to find the content most relevant to their needs across all their organization’s content, even if there are no exact text matches.
    • RAG chatbot support allows RAG chatbots to leverage Flare content in a secure, access-controlled way without exposing it to external AI services, such as ChatGPT.

    Beyond the AI capabilities, MadCap Flare Online customers with Publish to Syndicate can also take advantage of Syndicate for advanced search and content filtering, seamless integration with other systems and applications, role-based permissions and content governance, enhanced analytics, and robust compliance support.

    Availability and Pricing
    MadCap Flare Online is available today. Product pricing is based on team size and implementation. Visit MadCap Software at https://www.madcapsoftware.com, or contact MadCap Software at sales@madcapsoftware.com or +1 (858) 320-0387 to learn more.

    About MadCap Software        
    MadCap Software powers the world’s leading companies with state-of-the-art content creation and AI-readiness knowledge management solutions. Our products and services streamline content creation, management, delivery, translation, and syndication for both technical documentation and learning assets—ensuring mission-critical knowledge is always accurate and up to date. By optimizing content for AI and maximizing reuse across the enterprise, we help organizations reduce costs, improve efficiency, and accelerate productivity. Explore how MadCap Software helps enterprises harness AI, streamline content operations, and transform their content strategies at www.madcapsoftware.com. Connect with us on LinkedIn, X and Facebook.

    MadCap Software, the MadCap Software logo, MadCap Central, MadCap Flare, MadCap Syndicate, and Publish to Syndicate are trademarks or registered trademarks of MadCap Software, Inc. in the United States and/or other countries. Other marks are the properties of their respective owners.

    The MIL Network –

  • MIL-OSI: BexBack Revolutionizes Crypto Futures Trading with 100x Leverage, No KYC, and Over 50 Tradable Assets

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 07, 2025 (GLOBE NEWSWIRE) — In response to growing global demand for high-performance, user-centric trading platforms, BexBack, a fast-growing cryptocurrency derivatives exchange, is transforming how traders approach the crypto market. Offering up to 100x leverage, support for 50+ major cryptocurrencies, and a no-KYC policy, BexBack delivers unmatched accessibility and trading freedom to users worldwide.

    Backed by industry-grade security and regulatory compliance, BexBack enables traders to access high-leverage futures contracts with ease, regardless of location or experience level. New users are welcomed with a 100% deposit bonus and a $100 Trading bonus, both designed to reduce entry barriers and enhance capital efficiency.

    “BexBack was created with a simple goal: to empower traders everywhere with unrestricted access to leveraged crypto markets,” said Amanda, Business Manager at BexBack. “We’ve eliminated complex verification steps, added generous bonus incentives, and built a platform that’s fast, secure, and globally inclusive.”

    Key Features of BexBack

    • 100x Leverage on 50+ Crypto Contracts
      Trade perpetual futures on top assets like BTC, ETH, XRP, ADA, SOL, and more with up to 100x leverage.
    • No KYC Required
      Register and start trading instantly with just an email address — no personal ID or verification needed.
    • 100% Deposit Bonus
      Users can double their initial deposit by applying for the deposit bonus. While not withdrawable, the bonus can be used as margin to increase trading flexibility and reduce liquidation risk.
    • $100 Trading Bonus
      Traders who deposit at least 0.01 BTC or 1000 USDT and complete their first trade can claim an additional $50 in bonus funds.
    • Zero Spread Execution
      Execute trades without slippage or price spread, ensuring maximum transparency and fairness.
    • Risk-Free Demo Account
      Practice strategies with 10 BTC or 1M USDT in virtual funds before entering the live market.
    • Advanced Security Protocols
      BexBack protects user assets with multi-signature cold wallet storage, SSL encryption, 2FA authentication, and DDoS protection.
    • U.S. MSB Registered
      The platform operates under a U.S. FinCEN-registered Money Services Business (MSB) license, demonstrating its commitment to regulatory transparency and operational integrity.

    Built for All Levels of Traders

    From beginners exploring their first crypto trade to experienced futures traders seeking high leverage and full privacy, BexBack serves a broad spectrum of users. Its intuitive interface, multilingual support, and round-the-clock service make it an ideal choice for anyone looking to maximize opportunities in the volatile crypto market.

    Start Trading Today

    Users can register in under a minute at www.bexback.com, claim their bonuses, and begin trading with full control and zero restrictions.

    About BexBack

    BexBack is a global cryptocurrency derivatives platform offering perpetual futures contracts on more than 50 leading digital assets. Launched in May 2024 and headquartered in Singapore, BexBack prioritizes user privacy, security, and trading efficiency. The platform supports clients across the U.S., Europe, Asia, and beyond, and is fully compliant as a registered Money Services Business (MSB) under U.S. FinCEN guidelines.

    With 100x leverage, no KYC onboarding, and powerful trading tools, BexBack is redefining the crypto trading experience for the next generation of traders.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack, The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
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    Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ff140d6-1743-47a7-8d12-a366e598a26f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3c1fde9-f5a2-4238-923c-aa07b2304d5b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3e8e0b3d-60f1-4b62-9188-ba2c94ea5824

    The MIL Network –

  • MIL-OSI: Plantro Ltd. Releases Questions for Information Services Corporation’s 2025 First Quarter Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    BRIDGETOWN, Barbados, May 07, 2025 (GLOBE NEWSWIRE) — Plantro Ltd. (“Plantro”) a shareholder of Information Services Corporation (TSX: ISC) (“ISC” or the “Company”) today released questions it hopes ISC management will address to investors and the news media on its 2025 first quarter earnings call.

    1. ISC just reported one of its worst quarters of cash generation in many years. With cash expense levels remaining elevated, when can shareholders expect an improvement in non-adjusted cash flow?
    2. Achieving ISC’s 2028 management guidance for adjusted EBITDA will require annual growth of 16% -18% from 2025 to 2028. What organic growth rate is the Company targeting in 2026 – 2028 to help meet that guidance?
    3. How will ISC generate the cash required for the M&A the Company says it needs to meet its 2028 guidance without exceeding its commitment to continue deleveraging to its target of 2.0x to 2.5x EBITDA or without diluting shareholders by issuing equity?
    4. ISC’s valuation has been declining since its IPO and significantly lags its peers. Will ISC consider returning capital through repurchasing shares or increasing dividends, and/or reducing indebtedness as better uses of shareholder cash than additional non-accretive M&A?
    5. The majority of ISC’s workforce appears to be concentrated and growing in high-cost global hubs, such as Toronto and Dublin, Ireland. Will ISC consider establishing a center of excellence in Saskatchewan, that could offer enhanced operational performance and enable opportunities for margin expansion?

    About Plantro
    Plantro is a privately held company, with an established track record of making successful investments in undervalued and high quality legal, financial, and information services businesses.

    Media Contact: Gagnier Communications
    Riyaz Lalani / Dan Gagnier
    Email: Plantro@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Risk Strategies Annual Education Practice Student Health Plan Survey Finds Costs Rising Nationwide

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 07, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today released the findings of its Annual Student Health Plan Benchmarking Survey. For the fourth consecutive year, managing student health plan costs remains the top priority for nearly 90% of educational institutions surveyed.

    Conducted midyear 2024, the survey of approximately 170 colleges and universities showed an overall average plan cost rise of 7.1% with schools in the survey’s Eastern region seeing increases of 10% or more. Other regions surveyed experienced more moderate hikes of 5% or less. The survey also noted a decline in enrollment in student health plans, from 29% in 2023 to 24% in 2024.

    “While student health plans are generally more stable in cost than employer-based plans, they are not immune to larger pricing trends,” said Terry Lyons, National Education Practice Leader, Risk Strategies. “Our survey shows the higher education industry is working hard to manage the issue and meet student needs.”

    To address rising costs, 32% of schools indicated that they had adjusted medical benefits offerings, and 18% said they had modified the prescription drug coverage offered in the plan. The most common changes included:

    • Higher copays and deductibles, with the average deductible increasing from $300 to $360
    • Shifts from copays to coinsurance for specialty drugs, rising from 12% to 27%
    • Increase in insurance verification for waiver/opt-out enrollment

    “With plan costs increasing and enrollments in those plans declining, we see institutions working to find new ways to engage their students about the value of plan coverage,” said Elizabeth Marks, Senior Strategy Consultant, Student Health, Risk Strategies National Education Practice. “Clarifying plan benefits and emphasizing affordability will likely be key elements of this effort.”

    In other findings from this edition of the survey, mental health remained an important focus, though it ranked fourth nationally as a priority (76%) – lower than in previous years. It does remain, however, a leading priority for small schools (88%) and institutions in the East (91%). The survey also indicated that more schools (89% in 2024, up from 74% in 2023) are offering wellness programs, though smaller institutions face resource constraints.

    To access the full results of the survey, please click here.

    To learn more about Risk Strategies, please visit risk-strategies.com.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com.

    Media Contact 
    Alana Bannan
    Senior Account Executive
    rsc@matternow.com  
    (720) 400-8025

    The MIL Network –

  • MIL-OSI: Rudy R. Miller Among Most Generous Donors to National Museum of the United States Army Campaign

    Source: GlobeNewswire (MIL-OSI)

    FORT BELVOIR, Va., May 07, 2025 (GLOBE NEWSWIRE) — The Army Historical Foundation announced that Rudy R. Miller has presented a gift to the campaign for the National Museum of the United States Army that qualifies him for the Foundation’s One-Star Circle of Distinction. The Museum, which will debut a special Revolutionary War exhibit in June marking the 250th Birthday of the U.S. Army and next year’s 250th anniversary of the nation’s founding, has been praised as one of the top military museums in the nation.

    Rudy R. Miller stated, “I became a member and early supporter of The Army Historical Foundation and the National Museum of the United States Army a few years ago. In 2024, I was very proud to become a lifetime member of The 1814 Society, which shares a commitment and desire to see the Army’s history preserved and exhibited for future generations. I have great respect for our flag plus symbols of our nation’s freedom and independence.”

    Miller continued, “I was born in Tennessee and raised in Virginia. My grandfather, father, uncle, brother, and myself all served in the U.S. Army. I am a passionate, motivated individual, a serial entrepreneur, and a philanthropist. I’m inspired by the Foundation’s challenge coin which has the following words engraved, “ENGAGE * EDUCATE * INSPIRE * HONOR * PRESERVE!”

    The Army Historical Foundation serves as the official fundraising organization for the National Army Museum as part of its mission to preserve and present the history of the American Soldier. The Museum, which is owned and operated by the U.S. Army, is the first to tell the entire history of the nation’s oldest military service, immersing visitors in the Army story through compelling galleries, moving exhibits, a multisensory 300-degree theater, tranquil rooftop garden, and hundreds of historic artifacts rarely or never-before seen by the public.

    “Rudy Miller has led a lifetime of service to our great nation, and we are deeply grateful that he has made a defining gift toward the Foundation’s mission to preserve and present the history of the American Soldier,” said retired Brig. Gen. Burt Thompson, president of The Army Historical Foundation. “With Rudy’s support, we will be better able to remind the nation of all we owe those who wore the Army uniform, including Rudy himself and the members of his proud military family.”

    Rudy R. Miller’s contribution places him among the campaign’s most generous donors. Mr. Miller is Chairman, President and Chief Executive Officer of Miller Capital Corporation, a private equity firm and an affiliated company of The Miller Group of entities, established in 1972. Mr. Miller was Founder and Chairman of the Board of Miller Capital Markets, a FINRA member investment banking firm, from 2006 through 2012. He previously served over 20 years as a certified arbitrator for the NASD (now known as FINRA). He has years of executive-level experience owning, operating, and advising national and international corporations, from NYSE listed public companies to emerging-growth private companies, through varying economic climates. He has worked with various U.S. government contractors and possesses the ability to address crisis issues on behalf of his clients as one of his crucial skillsets. In 2025, Miller Capital was voted Best of Our Valley – Best Investment Firm for the sixth consecutive year by Arizona Foothills Magazine’s readers who responded with hundreds of thousands votes.

    Mr. Miller served in the United States Army, U.S. Army Reserve, and the U.S. Air Force Reserve, in the Vietnam era, and received honorable discharges as a Noncommissioned Officer. Mr. Miller also has an aviation background and is listed on the Smithsonian National Air and Space Museum Wall of Honor. Prior to his military service, he served as a fireman and first responder. Mr. Miller earned his Bachelor and Master of Business Administration degrees from Pacific Western University.

    President of the United States of America, Ronald W. Reagan, presented Mr. Miller the Medal of Merit in appreciation of his support and service as a member of a Presidential Task Force. Miller was honored to be the keynote speaker at a U.S. Navy Relinquishment of Command and Retirement Ceremony aboard the USS Midway Museum, San Diego, California in 2018. Mr. Miller accepted an invitation in 2014 to become a member of Thunderbird Field II Veterans Memorial, Inc., a non-profit organization for veterans and non-veterans. He was selected by the Board of Directors to be the Chairman of the Advisory Board where he developed and managed its Aviation Scholarship Program. Prior to retiring from Tbird2 in 2024, he served as Co-Chairman of the Scholarship Committee and a key fundraiser. He was the recipient of the first Tbird2 Leadership Award. Mr. Miller’s philanthropic endeavors include support for the non-profit arts community, athletic foundations, universities, community colleges, numerous non-profit entities, and veterans’ projects.

    In 2008, Mr. Miller instituted the annual Rudy R. Miller Business – Finance Scholarship in support of Arizona State University, in particular the W. P. Carey School of Business. His active involvement at the University also included having served as a member of ASU’s Dean’s Council of 100. In 2023, Mr. Miller was selected by Embry-Riddle Aeronautical University to join two influential advisory boards for both the College of Aviation (COA) and the College of Business, Security and Intelligence (CBSI). In addition to joining Embry-Riddle’s COA and CBSI advisory boards, Miller has established scholarships for students, both veterans and non-veterans, at both colleges. He also set up a fund to support COA simulator training to improve commercial pilot safety (ISCP) as well as a fund to support CBSI students with CompTIA Security+ courseware and exam fees.

    In January 2024, Mr. Miller accepted a position on the Advisory Board at CrossFirst Bank (Phoenix, Arizona), a subsidiary of CrossFirst Bankshares, Inc. Effective March 1, 2025, First Busey Corporation (NASDAQ: BUSE), the holding company for Busey Bank, acquired by merger CrossFirst Bankshares, Inc. Mr. Miller agreed to continue to serve on the Busey Bank (Arizona) Advisory Board.

    For more information about Rudy R. Miller and The Miller Group of entities, please visit www.themillergroup.net.

    Individuals and organizations that wish to support the Foundation’s mission can make a gift through its website at armyhistory.org. The Foundation can also arrange for large group visits and special events at the Museum. The Museum is open every day, except December 25, with free admission and parking.

    About The Army Historical Foundation
    The Army Historical Foundation establishes, assists, and promotes programs and projects that preserve the history of the American Soldier and promote public understanding of and appreciation for the contributions by all components of the U.S. Army and its members. The Foundation serves as the Army’s official fundraising entity for the Capital Campaign for the National Museum of the United States Army. The award-winning, LEED- certified Museum opened on November 11, 2020, at Fort Belvoir, Va., and honors the service and sacrifice of all American Soldiers who have served since the Army’s inception in 1775. For more information on the Foundation and the National Museum of the United States Army, visit www.armyhistory.org.

    Official photographer for The Miller Group and its affiliated entities – Gordon Murray, 480 205-9691 (www.flashpv.com)

       
    Contact: Contact:
    The Army Historical Foundation Miller Capital Corporation
    Lydia Pitea Kristina McDaniel
    Senior Donor Relations Manager Vice President Admin & Corporate Controller
    lydia.pitea@armyhistory.org kmcdaniel@themillergroup.net
    973.632.1244 602.225.0505
       

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ec64ce26-7579-48b1-9fe9-9388078f1411

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3b9eef90-f7c5-427f-9de6-05efa2a0daf5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cf3a312d-a7fa-4374-9fb0-efebf75aa551

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e0d35d5a-9a50-4004-886c-a838fc8936c5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a0900908-b6ab-4d6f-bf2f-e3bc81e5ba64

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Women-Led West Texas Investments

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Stephanie Stewart, Debra Hedgcoth, CFP®, RICP®, and Madison Wentland, CPA, of West Texas Investments have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $170 million in advisory, brokerage and retirement plan assets* and join LPL from B. Riley Wealth Advisors, Inc.

    Based in Lubbock, Texas, Stewart founded West Texas Investments in 2012 with her late partner, David Barber. Hedgcoth joined the team in 2018 following a 25-year career with the IRS, and Wentland joined two years later in 2019. With more than 40 years of combined industry experience, the all-female team takes a holistic and team approach to helping clients work towards their fiscal goals.

    “We understand that finances are a deeply personal topic, and we use a ‘Discover, Design and Deliver’ approach to help our clients pursue their financial goals,” Hedgcoth said. “First, we take the time to understand our clients’ dreams, goals and values. Then we work with them to design a financial plan with those in mind. After we share their customized plan, we work with them every step of the way, making changes as necessary, to help them work towards realizing their short- and long-term financial vision.”

    Looking to enhance their offerings and provide an elevated client experience, the West Texas Investments team turned to LPL.

    “I was taught that you design your own life, and part of that means working towards a future that aligns with your values and aspirations. Moving our business to LPL will help us achieve that goal,” Wentland said. “With LPL’s impressive integrated and streamlined technology and their extensive back-office services, like Marketing and Paraplanning Solutions, I am confident we will be able to provide our clients with a next-level customer experience.”

    Stewart added, “Our transition to LPL has been seamless, and I have been impressed with the constant communication and step-by-step instructions we’ve received from our transition team as we move our accounts over and answer our clients’ questions. It’s been a best-in-class experience.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Stephanie, Debra and Madison to LPL and look forward to helping them with this next chapter of their business. Just as the West Texas Investments team walks in lockstep with their clients to help them meet their goals, we are committed to helping our advisors differentiate themselves and enhance the client experience. We look forward to supporting the West Texas Investments team for years to come.”

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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

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

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

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

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #734052

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 06 05 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 06 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,502,500 3.5460    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,502,500 3.5460    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 5,000 2890p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 07 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: While AI makes writing code easier than ever, CodeAnt AI secures $2M to make it easy to review

    Source: GlobeNewswire (MIL-OSI)

    California, May 07, 2025 (GLOBE NEWSWIRE) — AI might be great at helping engineers write code, but it’s creating a new problem – all that code still needs to be reviewed by humans. CodeAnt AI is stepping in with a solution that uses AI to tackle the review process itself, raising $2 million in seed funding to help engineering teams move faster without sacrificing quality or security.

    The funding, CodeAnt AI’s first institutional round, values the company at $20 million. It will be used to expand the engineering and business development teams and to scale CodeAnt AI’s code quality and application security platform. For engineering teams already feeling the pressure to ship faster, the investment comes at the perfect time.

    The funding round was led by Y Combinator, VitalStage Ventures, and Uncorrelated Ventures, and with participation from DeVC, Transpose Platform, Entrepreneur First, and a number of marquee angel investors.

    CodeAnt AI founders: Amartya Jha and Chinmay Bharti.

    “As AI-driven coding becomes widespread, the real bottleneck isn’t writing code — it’s reviewing it,” said Amartya Jha, Co-founder and CEO of CodeAnt AI. “Today, when a developer submits a change request, it often sits idle for hours or even days waiting for peer review. And even when a reviewer does pick it up, they rarely have full context of the code change. This is a critical risk point: most software bugs and vulnerabilities slip through at the peer review stage, where issues could have been caught early and cheaply.”

    AI Code Review In Action with CodeAnt AI.

    CodeAnt AI’s platform plugs right into GitHub, GitLab, Bitbucket, and Azure DevOps, giving developers instant feedback on their code across more than 30 programming languages. More impressively, it doesn’t just find problems – it suggests fixes that developers can apply with a single click, turning reviews that used to take hours into proactive quick, five-minute sessions. For companies racing to get products out the door, this means fewer delays and higher quality code. It also means cost savings – fixing problems during code reviews costs 10x less compared to fixing them later during CI/CD or after production deployments. 

    CodeAnt AI dashboard. 

    “We now have a new team member: CodeAnt AI. It sees our entire codebase in seconds, catches what linters miss, and suggests optimizations, refactors, even typos. It’s fully integrated into our on-prem GitLab — and the whole team adopted it instantly” said Michel Naud, Head of IT Solutions, Autajon Group. While, Sundaraman Venkataramani, Tech Lead at Motorq added:“At Motorq, speed, quality and precision are paramount. CodeAnt AI’s Agile team mirrors our fast-paced environment, delivering rapid iterations and responsive support. Their AI-driven code reviews, real-time feedback and robust security features have streamlined our development process allowing us to focus on core domain challenges. With CodeAnt AI, We’ve already been able to enhance code quality, security and are pushing our boundaries of innovation”.

    The company was founded by Amartya Jha and Chinmay Bharti, who both saw the same problem from different angles. Jha worked on scaling infrastructure at Zeta and ShareChat, where he noticed how easily critical bugs slipped through when reviews weren’t thorough. Bharti, with a master’s specialising in AI from IIT Bombay, faced similar issues while building high-frequency trading software at Blu Analytics – where a single bug could have serious financial consequences. Together, they built CodeAnt AI and were accepted into Y Combinator.

    What makes CodeAnt AI different is the technology under the hood. The company built  a proprietary language-agnostic AST engine that actually understands how different parts of a codebase connect, letting it spot issues that isolated code reviews would miss. The platform also pulls in data from major security databases and lets companies set up their own rules based on their specific needs. For security-conscious organizations, CodeAnt AI can run entirely within their own infrastructure, ensuring code never leaves their environment.

    “In today’s AI-driven environment, enterprises need solutions that either replace aging systems or deliver clear productivity gains,” added Amartya Jha. “CodeAnt AI is built to do both — helping companies move faster and stay competitive without compromising on security or code quality.”

    Tom Blomfield, Partner at Y Combinator added: “With more and more code being generated by AI, code review has never been more important. CodeAnt fits into your CI/CD pipeline and ensures that only high-quality code makes it into production. Not AI-generated slop!”

    Pricing starts at $10 per developer per month for the basic AI code review features, with a full package including code quality, security, and compliance tools available for $40 per developer per month.

    As AI continues to transform how code gets written, CodeAnt AI is positioning itself as the bridge to a future where code can be both rapidly created and confidently deployed. The founders envision a world where AI doesn’t just help developers write code faster, but also ensures that every line shipped to production is secure, efficient, and ready for the real world – giving engineering teams the confidence to move at the speed their businesses demand.

    Meanwhile, early investor at Hubspot Brian Shin, Managing Partner for VitalStage Ventures, commented: “CodeAnt AI is redefining one of the most critical — and often overlooked — parts of modern software development: the code review. In a world where AI is rapidly democratizing code generation, the bottleneck has shifted to validation. CodeAnt’s platform slashes review time by over 50%, ensuring not just speed, but quality, security, and reliability at scale. This leap forward empowers engineering teams to ship faster while catching issues earlier — a foundational advantage in today’s software-driven economy.”

    Code review and code quality are becoming super critical for teams to measure, track and improve. Especially with the rapid pace of adoption of AI for code generation. CodeAnt AI has built a great product that many engineering leaders swear by already added Aakash Kumar, General Partner at DeVc.

    “I love that CodeAnt stands on the shoulders of giants such as Sonar,” said Salil Deshpande, General Partner at Uncorrelated Ventures. “CodeAnt not only integrates into enterprise environments to help deliver clean, consistent, and reliable code, but also dramatically speeds up code reviews by identifying and fixing issues early during the review process — one of the most manual and critical parts of software development today.”

    Alex Bangash, Partner at Transpose Platform commented: “CodeAnt is enabling software engineering focused on creativity and innovation, not time consuming mundane yet important tasks. The automation is slick but they are keeping human reviewers in the loop. For a future where many PRs will be written by coding assistants, having a software engineering “empowerment” platform like CodeAnt will become even more critical to ensure performant, secure, and innovative software solutions.”

    Ends 

    Media images can be found here.

    About CodeAnt AI
    CodeAnt AI is an AI code reviewer that fixes code quality issues and security vulnerabilities. It’s proven to help enterprises reduce manual code review time by over 50%. 

    CodeAnt AI integrates directly across the development workflow—from IDEs to pull requests to CI/CD—offering one-click fixes for code quality and security issues. CodeAnt AI does this via: 

    • AI Code Review: Automatically reviews each pull request, summarizes changes, flags issues, and offers one-click fixes.
    • Code Quality Platform: Continuously scans the entire codebase for code smells, dead/ duplicate/ complex code, adds docstrings, and provides real-time quality insights.
    • Code Security Platform: Continuously monitors code, infra, and dependencies, detects vulnerabilities and secrets, and offers real-time security insights.

    CodeAnt AI is SOC 2 & HIPAA compliant and trusted by teams ranging from small startups to large unicorns. For more information please visit https://www.codeant.ai/ or follow via X or LinkedIn.

    The MIL Network –

  • MIL-OSI: Introducing the Wix Model Context Protocol (MCP) Server for Seamless AI-Driven Web App Development

    Source: GlobeNewswire (MIL-OSI)

    With Wix MCP Server, users can leverage natural language prompts to seamlessly connect Wix’s comprehensive business functionality with their preferred compatible AI-powered tools, enabling them to build custom experiences on top of Wix or manage their Wix-based business

    NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally, today announced the launch of the Wix Model Context Protocol (MCP) Server. This enables anyone—from developers to business owners— to deliver production-ready Wix business solutions seamlessly through AI coding assistants and LLMs, ensuring they can generate code for a vast array of needs and manage Wix businesses using natural language. 

    The Wix MCP Server provides access to a wide range of Wix’s business solution functionalities, enabling users to manage their Wix-based business and generate code through AI assistants including Claude, Cursor, and Windsurf. Whether it’s a developer building a custom integration or a business owner chatting with Claude, the MCP provides the context and intelligence to get things done without coding or manual setup required. These powerful tools include inventory management, staff scheduling, secure checkouts, ticketing, a flexible CMS, and more. It also offers built-in CRM capabilities to capture and manage leads, such as  through forms, and comes with comprehensive back-office management as part of the Wix ecosystem, making it a robust platform for running, integrating, and building various aspects of your business.

    The Wix MCP Server is  a bridge between MCP-compatible AI clients and Wix’s robust headless infrastructure simply by using natural language prompts. Developers can operate directly from familiar Integrated Development Environments (IDEs), minimizing the need for manual integration and extensive documentation. Moreover, it is designed to cater to various user groups, including freelance web developers, agency teams, in-house development specialists, and AI automation experts.

    “We continue to invest in tools for developers, building on the momentum of our launch of Wix Studio. The addition of the Wix MCP Server expands this offering, making our powerful business solutions even more accessible to developers through instant, effective tools backed by Wix’s enterprise-grade infrastructure. This framework not only enhances productivity but also provides access to a wide variety of APIs and services, enabling the creation of seamless, cross-vertical solutions such as integrated commerce, blogs, scheduling, and events,” said Yaniv Even Haim, CTO at Wix. “As we step into the world of LLM-powered code generation, the quality and completeness of our APIs become one of our most important assets. Developers can now easily generate code that seamlessly integrates with Wix’s infrastructure, ensuring efficiency and reliability. This empowers them to provide secure, scalable solutions for their clients while harnessing the full potential of Wix’s headless platform. This initiative underscores the importance of continuing our efforts to open more APIs and enhance our documentation, marking just the beginning of a larger strategy to facilitate AI disruption within the industry.” 

    Wix will demonstrate the capabilities of the Wix MCP Server for payments at today’s Stripe Sessions. Developers will see firsthand how to generate reliable code for fully functional payment solutions using LLMs, creating a complete service website that accepts online payments via credit cards, Apple Pay, and Google Pay through Wix Payments and Stripe.

    Developers can start coding with the MCP at no cost with the option to upgrade to a Premium Plan for extended functionality for business operations including accepting online payments.  Learn more about the Wix MCP here.

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

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

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

    Attachments

    The MIL Network –

  • MIL-OSI: AssetMark Trust Marks $100 Billion Milestone with Continued Investment in Arizona

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, May 07, 2025 (GLOBE NEWSWIRE) — AssetMark, a leading national wealth management solutions provider, is celebrating a major milestone for AssetMark Trust Company based in Phoenix. AssetMark Trust has surpassed $100 billion in assets under custody.

    This milestone comes alongside the company’s continued expansion in Arizona, underscoring its deep-rooted commitment to the local community. To commemorate this success, AssetMark Trust will unveil a new illuminated sign atop its midtown high-rise at 3200 North Central Avenue, symbolizing the company’s growth and dedication to the Phoenix region.

    AssetMark Trust Company started operating out of this office 18 years ago with about 15 employees. “We started with a strong focus on building a great business and providing exceptional service to Financial Advisors and their clients nationwide,” said Brad Wheeler, President of AssetMark Trust Company. “Today we have over 340 employees serving and have been growing each year. AssetMark Trust is mission-driven and exists to help financial advisors make a difference in their clients’ lives. Advisors choose AssetMark Trust because of our relentless focus on their success and serving them well. We’ve earned their trust over time, and that’s what has driven our growth.”

    Carrie Hansen, Chief Operating Officer of AssetMark and Board Chair of AssetMark Trust stated, “Our success is a direct reflection of the trust and dedication of the advisors we serve. This event highlights our unwavering commitment to supporting their success and the communities we’re privileged to be part of. We’ve long valued Arizona’s business climate and talent pool, and we continue to invest in expanding our footprint here. We look forward to further strengthening our presence in this region.”

    About AssetMark Trust

    AssetMark Trust Company is an Arizona-based financial institution that provides custody, recordkeeping, account administration and reporting to clients and financial advisors using the AssetMark, Inc. platform.

    About AssetMark Inc. (“AssetMark”)

    AssetMark, Inc. operates a wealth management platform whose mission is to help financial advisors and their clients. AssetMark, together with its affiliates AssetMark Trust Company, Voyant, and Adhesion Wealth Advisor Solutions, serves advisors at every stage of their journey with flexible, purpose-built solutions that champion client engagement and drive efficiency. Its ecosystem of solutions equips advisors with services and capabilities to help deliver better investor outcomes by enhancing their productivity, profitability, and client satisfaction.  

    With a history going back to 1996, AssetMark has over 1,000 employees, and its platform serves over 10,700 financial advisors and over 317,000 investor households. As of December 31, 2024, AssetMark had over $139 billion in platform assets. AssetMark is a registered investment adviser with the U.S. Securities and Exchange Commission.

    For more information, please visit www.assetmark.com. Follow us on LinkedIn.

    IMPORTANT INFORMATION

    This is for informational purposes only, is not a solicitation, and should not be considered investment, legal or tax advice. The information has been drawn from sources believed to be reliable, but its accuracy is not guaranteed, and is subject to change.

    Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results.

    AssetMark, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission.

    2024 AssetMark, Inc. All rights reserved.

    The MIL Network –

  • MIL-OSI: Micropolis Delivers on Vision of Robotics, Artificial Intelligence (AI) and Intelligent Systems at Make it in the Emirates 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, May 07, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE American: MCRP), a UAE-based pioneering force in robotics, AI, and autonomous mobility, today announced its participation in Make it in the Emirates 2025, the UAE’s premier manufacturing event, taking place May 19-22, 2025 at the Abu Dhabi National Exhibition Centre (ADNEC). The event brings together manufacturers, innovators, policymakers, and global investors to explore industrial growth opportunities within the UAE.

    At the exhibition, a series of daily showcases will display two of Micropolis’s innovative robotics portfolios—an agriculture robot and a container cleaning robot—demonstrating the power of its autonomous mobile robots and AI to enhance productivity and lower customers’ operating costs.

    To take part in Micropolis’s display and experience the excitement of their robotic solutions, please visit the Company at ADNEC May 19-22 in Booth 6-AM30.

    For more information or to schedule a meeting with Micropolis’s management team, please email Micropolis@kcsa.com.

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

    For more information please visit www.micropolis.ai.

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

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

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/276fe904-a544-478a-ab28-f317c2a4065f

    The MIL Network –

  • MIL-OSI: Principal Protocol Announces Innovative RWA-DeFi Concept with 100% Asset-Backed Valuation

    Source: GlobeNewswire (MIL-OSI)

    Singapore, May 07, 2025 (GLOBE NEWSWIRE) — Principal Protocol (PRN), a new project blending traditional RWA with Defi concepts, has announced an innovative approach to tokenizing real-world assets, including a 100% asset-backed valuation for the projects it offers. The company aims to disrupt the decentralized finance landscape and democratize access to RWA investments. An ongoing private sale for the PRINCIPAL token (PRN) should help fund the project’s expansion and development.

    Principal Protocol’s “Digitized Estates” concept focuses mainly on real estate assets, seeking to eliminate geographical barriers and provide greater liquidity. The project leverages blockchain technology and smart contracts to enable fractional ownership of real estate assets through digital NFT tokens.

    All PRN projects are tokenized into NFTs and issued to the buyers. The participants then access rewards depending on the RWA asset’s performance and potential returns. Principal Protocol has multiple safety nets in place to protect its RWA projects’ valuations. These safeguards include a bi-annual valuation of each project and a protocol-owned Crypto Reserve of various blue chip coins. This way, buyers can rely on several precautions guarding their participation in a tokenized RWA.

    PRN will periodically acquire real estate property and structure it into a fixed number of Non-fungible Tokens (NFT). The project will then distribute rewards via automatic airdrops to the NFT holders’ wallets every financial quarter. Also, Principal Protocol plans to integrate a DeFi platform, enabling NFT holders to stake their holdings as collateral on Defi platforms and protocols.

    PRN will place each acquired property project under an SPV company wholly owned by Principal Protocol to ensure actual ownership. Every property will benefit from proper accounting records published quarterly and accessible to the individual project NFT holders via specific channels. Lastly, PRN will distribute individual project net profits as rewards on the blockchain.

    Principal Protocol believes that its approach rewards participants with perks and benefits that are difficult to find in other projects, such as:

    Global Accessibility

    PRN makes participation in global real estate markets available, opening the doors to communities that didn’t previously have access to them.

    Liquidity

    The project relies on sturdy blockchain for easy token trading, potentially increasing liquidity better than traditional options.

    Fractional Ownership

    Principal Protocol lets participants own fractions of high-value properties, reducing the barrier to entry.

    Transparency

    PRN’s use of smart contracts ensures a transparent distribution of benefits and rewards.

    Efficiency

    PRN’s seamless blend of RWA and DeFi via blockchain technology creates a secure, decentralized environment. Reduced intermediaries and streamlined processes can lead to cost savings.

    The PRN Token is the backbone of Principal Protocol and its rapidly growing ecosystem. The team has set a maximum supply of 100,000,000 PRN tokens distributed as follows:

    – Ecosystem – 50,000,000 (50%)

    – Team – 10,000,000 (10%)

    – Advisors – 5,000,000 (5%)

    – Marketing – 5,000,000 (5%)

    – Reserves – 20,000,000 (20%)

    – Private Sales – 10,000,000 (10%)

    As Principal Protocol scales its platform, it aims to diversify its portfolio, integrate DeFi, and develop a Real Estate Attestation Chain. The latter will enable users globally to double-check the validity and authenticity of title deeds and various real estate documentation on the chain. The project has an ambitious roadmap ahead with several important milestones:

    – Mobile App beta test launch (June 2025)

    – Mobile App launch (July 2025)

    – Defi platform integration (August 2025)

    – Platform scaling (October 2025)

    – Asset class diversification (Jan 2026)

    – Development of Real Estate Attestation Chain (June 2026)

    – Initial Public Offering (Jan 2027)

    About Principal Protocol (PRN)

    Principal Protocol aims to bridge DeFi and RWA and democratize access to real estate assets via its Digitized Estates concept. Behind the project is a professional team with solid expertise in relevant industries and areas, including real estate, blockchain, marketing, and entrepreneurship.

    PRN’s web app beta is currently live at app.prnpl.io.

    You can contact Principal Protocol here to learn more about the ongoing PRN token private sale: jason@prnpl.io

    For ongoing updates and community engagement, follow Principal Protocol here: Website, X, and Telegram.

     Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities

    The MIL Network –

  • MIL-OSI: MKS Breaks Ground on New Chemical Manufacturing and TechCenter Facility in Thailand

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., May 07, 2025 (GLOBE NEWSWIRE) — MKS Instruments. Inc. (NASDAQ: MKSI) (“MKS”), a global provider of enabling technologies that transform our world, announced today the groundbreaking of its cutting-edge Atotech chemical manufacturing and TechCenter facility at the Asia Industrial Estate Suvarnabhumi, located east of Bangkok, Thailand. This strategic investment aligns with MKS’ commitment to grow alongside its customers and deliver localized expertise to accelerate technological advancements across the region. The new facility also underscores MKS’ dedication to fostering Thailand’s growing role within the printed circuit board (“PCB”) industry.

    “This facility represents a major milestone for MKS, as we expand our footprint in Southeast Asia,” said John T. C. Lee, President and CEO of MKS Instruments. “By bringing world-class manufacturing, cutting-edge technology, and specialized laboratory services to Thailand, we are reinforcing our ability to support Southeast Asia’s fast growing PCB manufacturing and semiconductor advanced packaging sectors, as well as the region’s top specialty industrial manufacturers. This investment demonstrates our long-term vision for growth and innovation in the global electronics and plating industries.”

    The facility will be located on a 11.7-acre plot, spanning approximately 27,000 square meters and just 30 minutes from Bangkok International Airport. The facility will feature:

    • A state-of-the-art manufacturing space dedicated to producing chemicals for surface treatments and plating, serving industries such as Electronics and Automotive.
    • A TechCenter featuring advanced Electronics and General Metal Finishing plating equipment, along with laser machinery for innovative applications.
    • Fully equipped laboratories for analytics, quality control, and material science, supporting customer ramp-ups, ensuring high standards and continuous innovation.
    • Comprehensive technical service capabilities, including maintenance, spare parts, and support for new IIoT and software solutions tailored to the region’s installed equipment base.
    • A modern main office building designed to efficiently support administrative and operational functions.

    Dedicated to driving innovation and operational excellence, the facility will focus on producing process chemicals, providing customer service and application work for advanced electronics and industrial markets. With a total production capacity of 18,500 tons per year, this new MKS site represents an investment of $40M+ and operations are set to begin in the second half of 2027.

    Safe Harbor for Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, regarding MKS’ construction of a chemical manufacturing and TechCenter facility in Thailand, as well as the projected features and the projected timeline for completion of the facility. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein, including as a result of the factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.

    About MKS Instruments

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

    About the Atotech Brand

    Atotech is a brand within the Materials Solutions Division of MKS Instruments. Atotech’s portfolio consists of leading process and manufacturing technologies for advanced surface modification, electroless and electrolytic plating, and surface finishing. Applying a comprehensive systems-and-solutions approach, the Atotech portfolio includes chemistry, equipment, software, and services for innovative and high-technology applications. These solutions are used in a wide variety of end-markets, including datacenter, consumer electronics and communications infrastructure, as well as in numerous industrial and consumer applications such as automotive, heavy machinery, and household appliances.

    With its well-established innovative strength and industry-leading global TechCenter network, MKS delivers pioneering solutions through its Atotech brand – combined with unparalleled on-site support for customers worldwide. For more information, please visit us at www.atotech.com.

    Contacts:

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

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

    The MIL Network –

  • MIL-OSI: VERB CEO Rory J. Cutaia Interview Live from the Floor of the NY Stock Exchange on Cheddar TV’s Power Players

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 07, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show, today announced that CEO Rory J. Cutaia was featured on Cheddar TV’s Power Players live from the floor of the NY Stock Exchange on an episode that airs Friday, May 9, 2025, at 8PM ET.

    Hosted by J.D. Durkin, Power Players dives deep with business leaders to uncover the motivations, strategies, and defining decisions that shape today’s most influential companies. In this segment, Cutaia discusses his motivation for creating the innovative crowd funding TV show GO FUND YOURSELF, VERB’s original television series that blends real-time interactivity with investment access and product discovery — ushering in a new era for retail investing and consumer engagement, currently airing its first season on Cheddar TV. He will also provide a candid look into VERB’s ambitious growth plans — including its recent acquisition of Lyvecom, the popular new AI technology social commerce innovator for big brands.

    Here’s a sneak peek at the segment on Cheddar.com.

    Broadcast Information
    Power Players featuring Rory J. Cutaia
    Friday, May 9, 2025, at 8PM ET on Cheddar TV
    Encore presentations to air throughout the weekend and following week.

    About VERB
    Verb Technology Company, Inc. (Nasdaq: VERB), is transforming the landscape of social commerce, social telehealth and social crowdfunding with MARKET.live, LyveCom, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show. The Company operates multiple business units, each of which leverages the Company’s social commerce technology and video marketing expertise.
    MARKET.live, together with recently acquired AI social commerce technology innovator LyveCom, is a multi-vendor, livestream social shopping platform that allows brands and merchants to deliver a true omnichannel livestream shopping experience across their own websites, apps, and social platforms. Advanced AI capabilities power real-time user-generated-content creation, automated video content repurposing for high conversion video ads, and AI-powered virtual live shopping hosts that are virtually indistinguishable from human hosts, capable of real-time audience engagement. Brands utilize the Company’s proprietary AI model trained on tens of thousands of video commerce interactions to automate content creation and intelligent tools designed to optimize merchandising strategies and increase conversion rates. 
    GO FUND YOURSELF TV show is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive national TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons.
    VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices – without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping.
    The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in the Los Angeles, California vicinity.
    For more information, please visit: www.verb.tech

    Follow VERB here:

    Facebook: https://www.facebook.com/VerbTechCo

    X: https://twitter.com/VerbTech_Co

    LinkedIn: https://www.linkedin.com/company/verb-tech

    YouTube: https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ

    Sign up for E-mail Alerts here: https://ir.verb.tech/news-events/email-alerts

    FORWARD-LOOKING STATEMENTS

    Statements contained in this press release that are not statements of historical fact are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements can be identified by words such as “anticipate,” “designed,” “expect,” “may,” “will,” “should” and other comparable terms. Forward-looking statements include statements regarding VERB’s intentions, beliefs, projections, outlook, analyses or current expectations and the other risk factors and other cautionary statements included in VERB’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements made in this press release speak only as of the date of this press release and are based on management’s assumptions and estimates as of such date. Except as required by law, VERB undertakes no obligation to update or revise forward-looking statements to reflect new information, future events, changed conditions or otherwise after the date of this press release.

    Investor Relations Contact: investors@verb.tech
    Media Contact: info@verb.tech

    The MIL Network –

  • MIL-OSI: Fortinet Expands Hybrid Mesh Firewall Portfolio with FortiGate 700G

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., May 07, 2025 (GLOBE NEWSWIRE) —

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the FortiGate 700G series, a next-generation firewall (NGFW) purpose-built for the modern campus. Powered by Fortinet’s proprietary Network Processor 7 (NP7), Security Processor 5 (SP5) ASIC, and FortiOS, Fortinet’s unified operating system, the FortiGate 700G series delivers up to 7x higher firewall throughput, 4x better threat protection, and 7x lower power consumption than competitor offerings. With support for advanced networking, FortiGuard AI-Powered Security Services, and new FortiOS enhancements, including post-quantum cryptography readiness, FortiAI-Protect for AI-driven threat detection, and generative AI (GenAI) risk assessment, the FortiGate 700G helps organizations reduce risk, optimize performance, and future-proof hybrid IT environments.

    “With the FortiGate 700G series, we’re delivering more than just industry-leading performance that customers have come to expect from Fortinet—we’re equipping organizations with advanced capabilities to stay ahead of current and emerging cyberthreats,” said Nirav Shah, Senior Vice President, Products and Solutions, at Fortinet. “From AI-powered threat detection and GenAI risk mitigation with FortiAI-Protect to post-quantum cryptography readiness built into FortiOS, this new next-generation firewall series helps our customers consolidate infrastructure, reduce cyber risk, and confidently build for the future.”

    FortiGate 700G: Industry-leading Performance with AI-Powered Security
    Today’s enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate 700G series is engineered to meet these demands, offering:

    • Unmatched performance and security: Delivering 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) than the industry average, the FortiGate 700G series ensures businesses maintain high-speed, secure operations.
    • Energy resilience through ultra-efficient design: The FortiGate 700G series enables continuous security even in energy-constrained or sustainability-focused environments. Consuming 7x fewer watts per Gbps than the industry average, the FortiGate 700G series sets the standard for energy efficiency and significantly reduces operational costs.
    • Enhanced threat detection and response with AI-powered security: As attackers increasingly weaponize AI and automate cyberattacks, FortiGuard AI-Powered Security Services, enhanced by FortiAI-Protect, enables organizations to detect and block emerging, unknown, and increasingly sophisticated threats. FortiAI-Protect also delivers contextual risk assessments and enforces access controls for third-party GenAI applications, providing visibility into shadow AI usage across business groups and helping improve the overall data security posture of organizations.
    • Post-quantum cryptography readiness: New FortiOS capabilities help protect sensitive data against quantum-era threats by enabling quantum-resistant encryption, algorithm stacking for enhanced protection, and a seamless transition to post-quantum security, ideal for organizations in finance, healthcare, government, and other sectors handling long-term sensitive information.
    • Support for a wide range of network interfaces, ranging from 5GE to 25GE: Ensuring the flexibility to connect various devices and topologies, the FortiGate 700G series enables organizations to seamlessly adapt to developing technologies and accommodate future upgrades without costly overhauls.
    • Deeper protections for critical system files: FortiSentry is a unique out-of-band hardware module that provides continuous, non-intrusive file-system monitoring, adding another layer of protection to detect and prevent unauthorized access to critical system files.
    Specification FortiGate
    700G
    series    		 Security
    Compute
    Rating    		 Industry
    Average    		 Palo Alto
    Networks
    PA-3410
    series    		 Check
    Point
    6700    		 Cisco
    Secure
    Firewall
    3110
    Firewall Throughput 164 Gbps 7x 23.3 Gbps 14.0 Gbps 38.0 Gbps 18.0 Gbps
    IPsec VPN Throughput 55 Gbps 7x 7.7 Gbps 6.6 Gbps 4.6 Gbps 12.0 Gbps
    Threat Protection 26 Gbps 4x 6.7 Gbps 7.5 Gbps 5.8 Gbps –
    Concurrent Sessions 16M 3x 6.5M 1.4M 16M 2M
    Connections/Second 700K 3x 231K 145K 250K 300K
    Power Consumption FortiGate
    700G
    series    		 Energy
    Efficiency    		 Industry
    Average    		 Palo Alto
    Networks
    PA-3410
    series    		 Check
    Point
    Quantum
    9200
    series    		 Cisco
    Secure
    Firewall
    3100 series
    Watts/Gbps Firewall Throughput 1.8 W 7x 12.7 W 12.1 W 3.7 W 22.2 W
    Watts/Gbps IPsec VPN Throughput 5.4 W 6x 29.9 W 25.8 W 30.6 W 33.3 W
    • Threat Protection performance is measured with Firewall, IPS, Application Control and Malware Protection, and Logging enabled.
    • The numbers for competitive solutions are based on publicly available sources. Other vendors may have different testing methodologies.
    • All power consumption values are taken from external data sheets and hardware system guides using maximum power consumption.

    Fortinet Security Fabric: Powering a Unified and Scalable Cybersecurity Platform

    At the core of Fortinet’s approach is the belief that effective cybersecurity starts with the convergence of networking and security. The Fortinet Security Fabric, an integrated platform built on a common operating system and purpose-built technologies like the FortiGate 700G series, delivers consistent protection across hybrid environments. It empowers organizations with centralized management, automated threat intelligence, and real-time visibility. With seamless integration across Fortinet and third-party solutions, the Fortinet Security Fabric helps customers confidently scale from foundational network protection to advanced capabilities like SASE and AI-driven security operations. Fortinet continues to innovate and enable businesses to simplify complexity, reduce risk, and evolve their cybersecurity strategy with a platform approach that grows with them.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Conifers.ai Unveils Program to Transform SOC Operations for Managed Security Service Providers

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 07, 2025 (GLOBE NEWSWIRE) — Conifers.ai, the agentic AI platform designed to transform security operations, today unveiled a new program designed to address the greatest challenges of managed security service providers (MSSPs). With industry-leading AI capabilities, disruptive pricing, and unique multi-tenancy features, Conifers improves service delivery, enabling MSSPs to scale and profitably expand their business.

    Threats have become more persistent and sophisticated as attackers leverage AI, leaving companies demanding more from MSSPs and managed detection and response (MDR) providers. These teams are under immense pressure to deliver services faster with more accuracy, while continuously growing their businesses and increasing revenue. Conifers’ MSSP program addresses these pain points with a strategic approach blending industry-leading technology, phased onboarding, seamless integration, and competitive, predictable pricing. With Conifers, service providers become more innovative, and they can scale to support more customers with less financial impact, ultimately increasing their margins and quality.

    “Our team has extensive experience working with service providers. We understand their pain points and the constant pressure to safeguard customers while growing their businesses,” said Tom Findling, co-founder and CEO of Conifers. “With this knowledge, we designed our patent-pending agentic AI platform to boost their effectiveness and efficiency with high-quality investigations so they can meet demand head-on, delivering excellence for customers and accelerating business growth.”

    Tackling Complex Threats at the Speed of AI
    The Conifers CognitiveSOC™ was designed with service providers’ unique needs in mind, empowering managed SOC teams to tackle complex, multi-tier security incidents with unparalleled speed, accuracy, and confidence. The platform continuously ingests security incidents and, in conjunction with tenant-based institutional knowledge, provides deep, contextual investigations for each client. Centralized tenant management and nested multi-tenancy capabilities with seamless integration to any tech stack facilitate expansion. Strategic, customer-specific dashboards deliver meaningful insights that translate tactical results into outcomes that prove value. With Conifers, managed SOC and MDR teams can be more proactive, expand incident coverage, reduce resolution times, and focus on higher-value tasks.

    While competitors focus on just solving low-tier incidents, Conifers provides solutions for all issues encountered by SOC teams — from basic tier one to complex tier three incidents and everything in between. It has been proven to reduce end-to-end investigation times by up to 87%, solving complex incidents and freeing up analysts responsible for these triage processes, enhancing both SOC effectiveness and efficiency. For service providers, this scalability allows them to handle more clients without increasing resources, directly improving margins and competitiveness. Other benefits include:

    • Expand customer contracts via multi-tier service offerings and support for a large variety of security products
    • Improve retention and increase revenue with more accuracy and consistency in incident resolution, which results in more predictable overall costs
    • Grow business overall by increasing productivity and efficiency through unique multi-tenancy features and the smart use of AI
    • Improve the ability to measure real impact and risk reduction to more effectively demonstrate ROI, which is key for retention and expansion and a critical differentiator for MSSPs
    • Expand profit margins more easily with predictable, MSSP-friendly pricing
    • Integrate seamlessly with existing tools and processes
    • Onboard many customers seamlessly and at your own pace with dedicated, white-glove support for MSSPs

    Conifers was recently listed as a Sample Vendor in a Gartner emerging trends report titled, “Emerging Tech: Emerging MDR Trends to Grow Your Security Service Revenue.” Topics discussed include the integration of advanced AI for managed detection and response, and use of AI for prioritization and enhanced effectiveness.

    The Benefits of Agentic AI for MSSPs
    “The Conifers platform’s ability to manage dozens of tenants, each with its own baseline and customer-specific knowledge base, has significantly improved the quality of our operations, reducing investigation times in a way that’s both efficient and effective.” – Rutger de Boer, CTO, Dutch Technology eXperts

    “Broader detection coverage can result in higher alert volumes and false positives, but reducing the noise can cause teams to miss real threats. AI presents an opportunity to eliminate the compromise between effectiveness and efficiency. With Conifers it’s possible to maintain comprehensive detection coverage while conducting deep, high-quality investigations, ensuring faster and more accurate responses to incidents.” – Randy Watkins, CTO, Critical Start

    “Conifers is transforming how we run our SOC. Instead of drowning in alerts or hiring more analysts, we now have agentic AI that acts with context, scales our expertise, and adapts in real time. It’s more than what automation provides—it’s intelligence we can trust. With Conifers, we’re delivering faster, smarter, and more precise security outcomes for every customer.” – Edmund How, Founder & CEO, ONESECURE

    Visit the website or the company blog to learn more about Conifers CognitiveSOC™ program for MSSPs.

    About Conifers.ai
    Conifers.ai is transforming security operations centers (SOCs) with its AI-native Conifers CognitiveSOC™ platform, enabling enterprises and managed security service providers (MSSPs) to achieve SOC excellence. By leveraging agentic AI, Conifers empowers security teams to investigate complex, multi-tier incidents at scale with confidence, efficiency, and accuracy. Led by seasoned industry veterans and supported by SYN Ventures, Conifers is committed to addressing critical SecOps challenges through innovative solutions that enhance operational effectiveness, advanced investigation reasoning, and decision-making capabilities. With its unique staged implementation framework and patent-pending architecture, Conifers.ai builds trust in AI adoption, delivering measurable ROI and business impact. Learn more at https://www.conifers.ai/.

    Media Contact
    Geena Pickering
    Look Left Marketing
    conifers@lookleftmarketing.com

    The MIL Network –

  • MIL-OSI: First Pacific Bancorp Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    WHITTIER, Calif., May 07, 2025 (GLOBE NEWSWIRE) — First Pacific Bancorp (the “Company”) (OTC Pink: FPBC), the holding company for First Pacific Bank (the “Bank”), today reported consolidated results for the first quarter ending March 31, 2025, marking its eighth consecutive quarter of profitability. The Company remains well-capitalized, with a healthy liquidity position supported by a stable core deposit base and access to substantial sources of liquidity.

    Highlights for the first quarter of 2025 include:

    • Total assets ended the first quarter 2025 at $456 million, up $23 million from $433 million at year end 2024.
    • Total deposits ended the first quarter 2025 at $390 million, up $39 million since year end 2024.
    • Total loans ended the first quarter 2025 at $294 million, up $17 million from year end 2024.
    • Asset quality remains excellent with minimal levels of classified or non-performing assets.
    • The Bank ended the first quarter with a strong capital position, with a leverage capital ratio of 9.0% and a total risk-based capital ratio of 12.7%.
    • As of March 31, 2025, cash and cash equivalents totaled $47 million, including funds invested overnight, up $6 million since year end 2024.
    • Unused borrowing capacity from credit facilities on March 31, 2025, totaled $187 million.

    For the first quarter ending March 31, 2025, the Company realized a pre-tax, pre-provision profit of $550 thousand, compared to a pre-tax, pre-provision profit of $702 thousand in Q4 2024 and $222 thousand in Q1 2024. Net income for the first quarter of 2025 was $393 thousand, up from $162 thousand in Q1 2024.    

    Asset quality remains excellent with minimal non-performing assets, an allowance for credit losses of 1.08% of total loans, and zero loan losses.

    “We are pleased with the momentum we’ve carried into 2025. Our diversified business model, prudent risk management, and focus on operational discipline continue to position us for sustained performance in a dynamic environment,” said Joe Matranga, Chairman of the Board.

    “We delivered strong first quarter results, driven by consistent performance across our markets and continued growth in both loans and deposits,” said Nathan Rogge, President and Chief Executive Officer. “As we execute our client-focused strategy and invest in infrastructure and technology, we are well positioned for long-term success. Our recent move to a larger San Diego regional office reflects our confidence in future growth and our ongoing commitment to serving our clients.”

    ABOUT FIRST PACIFIC BANK

    First Pacific Bank is a wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC) and is a growing community bank catering to individuals, professionals, and small-to-medium sized businesses throughout Southern California. Since opening in 2006, the Bank has offered a personalized approach, access to decision makers, a broad range of solutions, and a commitment to delivering an exceptional customer experience. First Pacific Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire. For more information, visit firstpacbank.com or call 888.BNK.AT.FPB.

    FORWARD-LOOKING STATEMENTS

    This news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, and First Pacific Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely. Forward-looking statements relate to, among other things, our business plan, and strategies, and can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” and similar expressions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. Factors that might cause such differences include, but are not limited to: successfully realizing the benefits of our business strategy and plans,; changes in general economic and financial market conditions, either nationally or locally, in areas in which First Pacific Bank conducts its operations; effects of inflation and changes in interest rates; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; impact of any natural disasters, including earthquakes; effect of governmental supervision and regulation, including any regulatory or other enforcement actions; legislation or regulatory changes which adversely affect First Pacific Bank’s operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. The Company does not undertake, and specifically disclaims any obligation to update any forward-looking statements to reflect occurrences or unanticipated events, or circumstances after the date of such statements except as required by law.  

    — Summary Financial Tables Follow —

    First Pacific Bancorp 
    Consolidated Balance Sheets
    (Unaudited)
      Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024
    ASSETS          
    Cash and due from banks $ 8,042,164   $ 4,708,926   $ 23,584,084   $ 4,671,483   $ 7,317,500  
    Fed funds sold & int-bearing balances   39,250,000     36,290,000     25,520,000     37,860,000     37,575,000  
    Total cash and cash equivalents   47,292,164     40,998,926     49,104,084     42,531,483     44,892,500  
               
    Debt securities (AFS)   1,859,740     1,866,022     3,041,852     3,077,666     5,138,340  
    Debt securities (HTM)   99,099,346     100,257,560     101,260,391     102,202,926     103,474,749  
    Total debt securities   100,959,086     102,123,582     104,302,243     105,280,592     108,613,089  
               
    Construction & land development   25,245,823     23,320,351     23,067,204     24,651,513     25,480,398  
    1-4 Family residential   63,536,698     58,588,090     58,082,570     68,588,393     68,521,663  
    Multifamily residential   30,452,183     28,561,276     28,966,811     26,800,829     26,947,419  
    Nonfarm, nonresidential real estate   105,299,777     100,066,570     99,715,860     94,643,169     97,893,840  
    Commercial & industrial   64,956,570     62,322,690     57,342,017     53,504,969     54,785,564  
    Consumer & Other   4,572,607     4,525,108     780,639     1,831,036     1,123,918  
    Total loans   294,063,658     277,384,085     267,955,101     270,019,909     274,752,802  
    Allowance for credit losses (loans)   (3,179,637 )   (3,179,637 )   (3,109,975 )   (3,109,975 )   (3,109,975 )
    Total loans, net   290,884,021     274,204,448     264,845,126     266,909,934     271,642,827  
               
    Premises, equipment, and ROU net   2,822,403     1,328,964     1,452,886     1,714,833     1,992,588  
    Goodwill, core deposit & other intangibles   1,259,139     1,273,134     1,287,129     1,298,084     1,313,367  
    Bank owned life insurance   5,317,491     5,287,738     5,257,550     5,227,763     5,198,654  
    Accrued interest and other assets   7,703,693     7,755,355     7,505,380     7,476,554     7,415,609  
               
    Total Assets $ 456,237,997   $ 432,972,147   $ 433,754,398   $ 430,439,243   $ 441,068,634  
               
    LIABILITIES AND SHAREHOLDERS’ EQUITY          
    Deposits:          
    Noninterest-bearing demand $ 143,205,484   $ 131,515,568   $ 129,473,091   $ 144,240,187   $ 133,945,262  
    Interest-bearing transaction accounts   39,203,360     28,454,639     24,660,000     24,797,108     28,166,207  
    Money market and savings   162,563,677     146,423,126     143,270,628     143,497,864     148,732,230  
    Time deposits   44,568,676     44,302,867     44,388,137     41,060,590     38,662,227  
    Total deposits   389,541,197     350,696,200     341,791,856     353,595,749     349,505,926  
               
    Borrowings   23,000,000     40,000,000     50,000,000     35,000,000     50,000,000  
    Accrued interest and other liabilities   3,952,095     3,122,902     3,430,132     3,781,444     3,936,909  
    Total liabilities   416,493,292     393,819,102     395,221,988     392,377,193     403,442,835  
               
    Shareholders’ Equity:          
    Capital stock and APIC   37,389,068     37,272,567     37,117,627     36,970,386     36,788,606  
    Retained earnings   3,043,502     2,650,877     2,151,305     1,902,788     1,705,174  
    Accum other comprehensive income   (687,865 )   (770,399 )   (736,522 )   (811,124 )   (867,981 )
    Total shareholders’ equity   39,744,705     39,153,045     38,532,410     38,062,050     37,625,799  
               
    Total Liabilities and Shareholders’ Equity $ 456,237,997   $ 432,972,147   $ 433,754,398   $ 430,439,243   $ 441,068,634  
               
    First Pacific Bancorp
    Consolidated Income Statements – Quarterly
    (Unaudited)
               
      Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024
    INTEREST INCOME          
    Loans, including fees $ 4,788,107   $ 4,814,128   $ 4,817,174   $ 4,655,844   $ 4,700,535  
    Debt securities   462,472     484,508     499,268     514,613     543,857  
    Fed funds & int-bearing balances   339,864     419,597     450,166     573,022     410,685  
    Total interest income   5,590,443     5,718,233     5,766,608     5,743,479     5,655,077  
               
    INTEREST EXPENSE          
    Deposits   1,812,760     1,777,351     1,790,578     1,687,121     1,746,032  
    Borrowings   219,832     332,375     444,250     524,599     507,390  
    Total interest expense   2,032,592     2,109,726     2,234,828     2,211,720     2,253,422  
               
    Net interest income   3,557,851     3,608,507     3,531,780     3,531,759     3,401,655  
               
    Provision for credit losses   –     –     –     –     –  
               
    Net interest income after provision   3,557,851     3,608,507     3,531,780     3,531,759     3,401,655  
               
    NONINTEREST INCOME          
    Service charges, fees and other income   122,610     119,173     106,628     96,460     108,365  
    Sublease income   45,222     –     53,975     52,970     53,872  
    Gains (losses) on sale of assets   –     –     15,335     –     –  
    Gains on early payoff of debt   –     54,125     –     144,325     –  
    Total noninterest income   167,832     173,298     175,938     293,755     162,237  
               
    NONINTEREST EXPENSE          
    Salaries and benefits   2,119,302     1,984,774     2,154,290     2,182,674     2,178,486  
    Occupancy and equipment   259,480     258,180     374,069     363,695     368,816  
    Other expense   797,261     836,692     834,281     1,007,247     794,158  
    Total noninterest expense   3,176,043     3,079,646     3,362,640     3,553,616     3,341,460  
               
    Income before income tax expense   549,640     702,159     345,078     271,898     222,432  
               
    Income tax expense (benefit)   157,015     202,586     96,563     74,281     60,524  
               
    Net Income $ 392,625   $ 499,573   $ 248,515   $ 197,617   $ 161,908  
               
    Earnings per share basic (QTR) $ 0.09   $ 0.12   $ 0.06   $ 0.05   $ 0.04  
    Weighted average shares outstanding (QTR)   4,333,735     4,293,829     4,288,851     4,283,351     4,281,653  
               
    First Pacific Bancorp
    Quarterly Financial Highlights
    (Unaudited)
                 
        Quarterly
        2025 2024 2024 2024 2024
    ($$ in thousands except per share data)   1st Qtr 4th Qtr 3rd Qtr 2nd Qtr 1st Qtr
    EARNINGS            
    Net interest income $ 3,558   3,609   3,532   3,532   3,402  
    Provision for loan losses $ 0   0   0   0   0  
    Noninterest income $ 168   173   176   294   162  
    Noninterest expense $ 3,176   3,080   3,363   3,554   3,341  
    Income tax expense $ 157   203   97   74   61  
    Net income $ 393   500   249   198   162  
                 
    Earnings per share basic $ 0.09   0.12   0.06   0.05   0.04  
    Weighted average shares outstanding   4,333,735   4,293,829   4,288,851   4,283,351   4,281,653  
    Ending shares outstanding   4,335,088   4,294,500   4,291,927   4,283,351   4,283,351  
                 
    PERFORMANCE RATIOS            
    Return on average assets   0.37 % 0.47 % 0.23 % 0.18 % 0.15 %
    Return on average common equity   4.05 % 5.12 % 2.58 % 2.10 % 1.73 %
    Yield on loans   6.79 % 6.91 % 6.98 % 6.97 % 6.84 %
    Yield on earning assets   5.44 % 5.50 % 5.58 % 5.52 % 5.49 %
    Cost of deposits   2.00 % 1.98 % 2.05 % 1.96 % 2.05 %
    Cost of funding   2.12 % 2.18 % 2.32 % 2.28 % 2.35 %
    Net interest margin   3.46 % 3.47 % 3.42 % 3.40 % 3.31 %
    Efficiency ratio   85.2 % 81.4 % 90.7 % 92.9 % 93.8 %
                 
    CAPITAL            
    Tangible equity to tangible assets   8.46 % 8.77 % 8.61 % 8.57 % 8.26 %
    Book value (BV) per common share $ 9.17   9.12   8.98   8.89   8.78  
    Tangible BV per common share $ 8.88   8.82   8.68   8.58   8.48  
                 
    ASSET QUALITY            
    Net loan charge-offs (recoveries) $ 0   0   0   0   0  
    Allowance for credit losses (loans) $ 3,180   3,180   3,110   3,110   3,110  
    Allowance to total loans   1.08 % 1.15 % 1.16 % 1.15 % 1.13 %
    Nonperforming loans $ 849   672   991   77   160  
                 
    END OF PERIOD BALANCES            
    Total loans $ 294,064   277,384   267,955   270,020   274,753  
    Total assets $ 456,238   432,972   433,754   430,439   441,069  
    Deposits $ 389,541   350,696   341,792   353,596   349,506  
    Loans to deposits   75.5 % 79.1 % 78.4 % 76.4 % 78.6 %
    Shareholders’ equity $ 39,745   39,153   38,532   38,062   37,626  
    Full-time equivalent employees   46   49   44   44   46  
                 
    AVERAGE BALANCES (QTRLY)            
    Total loans $ 286,119   276,301   273,960   267,766   275,578  
    Earning assets $ 416,486   412,424   410,298   416,965   412,791  
    Total assets $ 430,891   425,750   424,199   430,830   426,592  
    Deposits $ 368,363   355,369   346,142   346,032   341,226  
    Shareholders’ equity $ 39,326   38,746   38,267   37,788   37,443  
                           

    The MIL Network –

  • MIL-OSI: Rate Supports Our Military Service Members and Veterans Beyond Offering Industry-Leading Mortgage Options

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — In recognition of Military Appreciation Month, Rate, a leader in fintech mortgage solutions, is spotlighting its continued support for active-duty military members, veterans, and their families—support that extends well beyond the closing table.

    While Rate is nationally recognized for its industry-leading VA mortgage products and top-tier loan officers, the company’s dedication to the military community runs deeper. With no lender fee on VA loans, amounting to $65.3 million in waived fees, and no overlays, Rate delivers unmatched accessibility and affordability for eligible homebuyers. The company is also home to the #1 VA purchase loan officer in the country, supported by a team of specialized underwriters and credit experts dedicated to navigating the unique needs of VA borrowers.

    “Serving our military community is not a tagline. It’s a core part of who we are,” said Victor Ciardelli, CEO of Rate. “We’re proud to offer the most competitive VA loan options on the market, but just as important is how we show up for veterans and service members every day, through real outreach, education, and giving.”

    That commitment is evident in Rate’s year-round military initiatives:

    • $1.08 million raised for nine nonprofits benefiting military families in 2024.
    • VA loan education classes for service members at various points of their careers, including service members preparing to leave the barracks.
    • A 2025 clothing drive in partnership with Operation Deploy Your Dress, donating 1,000+ dresses and 200 suits for military community members.
    • A holiday toy and sweater drive benefiting families across multiple military bases.
    • A Military Appreciation Baseball Game hosted at Rate Stadium, honoring military spouses, recognizing a “Hero of the Game” servicemember, and welcoming parachuters delivering the White Sox game ball, complete with 500 tickets and concession vouchers donated to military families.

    At the heart of these efforts is HONOR, Rate’s internal employee resource group focused on military outreach and support. HONOR’s mission is to embrace the company’s proud community of active and retired service members, veterans, spouses, and their families through shared experiences and resources.

    “We are dedicated to educating Veterans as well as the real estate community about VA loans. VA loans are a true benefit and many veterans use their VA benefit to build generational wealth. I am honored to be part of their journey home as is every member of the Rate team,” said Jennifer Beeston, Rate’s EVP National Lending and the nation’s top VA purchase loan officer. “From planning to buying to 20 years from now, we’re here to make homeownership a reality for the people who’ve served our country.”

    As May marks Military Appreciation Month, Rate remains committed to honoring the sacrifices of our nation’s military community, not only with unmatched home financing solutions, but also through continued action, advocacy, and care.

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Press Contact

    press@rate.com

    The MIL Network –

  • MIL-OSI: John Snow Labs Wins 2025 Oracle Excellence Award for AI Innovation

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., May 07, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced it has won a 2025 Oracle Customer Excellence Award in the AI category for North America. The Oracle Customer Excellence Awards celebrate the very best of business innovation, showcasing how organizations around the world—and their leaders—use Oracle technology to help reinvent business practices, reimagine the workday, and boost sales. The AI category honors the most innovative and creative use of generative AI to drive innovation and address real-world challenges to make a measurable impact.

    John Snow Labs has transformed business operations by embedding AI-powered automation, predictive analytics, and real-time decision support into healthcare, life sciences, and insurance. By leveraging Oracle Cloud Infrastructure (OCI) AI infrastructure, the company has reduced costs, improved efficiency, and accelerated AI adoption across multiple sectors for its customers, reinforcing its leadership in AI-driven healthcare innovation.

    John Snow Labs has optimized several of its medical language models for OCI, including Medical LLM and Healthcare NLP, enabling customers to leverage OCI’s robust infrastructure securely and compliantly and to quickly deploy and scale these models. John Snow Labs also runs its Medical Chatbot Platform on OCI, which provides tools for biomedical literature reviews, query resolution, clinical case analysis, and clinical text summarization. Applications running on OCI include FunctionalMind™, which is a specialized AI solution for functional and integrative medicine, real-world data curation in specialties like oncology and mental health, and regulatory-grade medical data de-identification. As evidenced by peer-reviewed papers, these solutions deliver state-of-the-art performance for improved decision-making, increased compliance, and higher adoption and trust of AI-driven healthcare solutions. Additionally, by using OCI’s AI-optimized cloud compute services, customers can benefit from reduced AI compute costs and energy consumption.

    “OCI’s AI-optimized infrastructure and privacy-focused approach to the cloud makes it a strong choice to power healthcare AI applications,” said David Talby, CEO, John Snow Labs. “We are honored to be recognized as a GenAI innovator and are excited to continue making customers successful in putting it to good use.”

    This award comes on the heels of several significant milestones for John Snow Labs, including the release of the first commercially available medical reasoning LLM and the release of Generative AI Lab 7.0, an update enabling domain experts, such as healthcare professionals, to evaluate and improve custom-built LLMs with precision and transparency.

    For additional information on the Oracle 2025 Customer Excellence Awards, please visit: https://www.oracle.com/corporate/customers/awards/.

    To learn more about John Snow Labs, visit https://www.johnsnowlabs.com/.

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Trademarks
    Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network –

  • MIL-OSI: Dino Psirogiannis, Former iCIMS SVP of Sales, Joins GoodTime as Chief Revenue Officer

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 07, 2025 (GLOBE NEWSWIRE) — GoodTime, a leader in human-centric AI for hiring, today announced the appointment of Dino Psirogiannis as the company’s Chief Revenue Officer (CRO). In his new role, Dino will lead GoodTime’s global revenue operations, bringing a strategic focus on scaling enterprise growth, expanding partnerships, and delivering exceptional value to customers.

    Advancing GoodTime’s vision for more efficient, human-centered hiring experiences

    Dino joins GoodTime after serving as Senior Vice President of North American Sales at iCIMS, where he played a key role in driving significant revenue growth and strengthening strategic partnerships. His deep background in enterprise software and human capital management — through leadership roles at Alight Solutions, Kronos, ADP, and Intuit — gives him a rich understanding of the challenges and opportunities facing today’s talent acquisition leaders.

    “Enterprise talent teams are under more pressure than ever to deliver results quickly while building strong, human-centered hiring experiences,” said Dino. “GoodTime’s focus on bringing human-centric AI to talent acquisition teams is exactly what the market needs right now. I’m thrilled to join a company that’s reimagining hiring in a way that elevates both efficiency and humanity in the hiring journey.”

    Empowering talent teams with a digital workforce of AI agents

    With Dino’s leadership, GoodTime is doubling down on its commitment to helping enterprise talent teams dramatically improve time-to-hire, reduce administrative burden, and create more meaningful candidate and interviewer experiences with the help of AI agents.

    “Dino deeply understands the world of enterprise talent teams — their goals, their challenges, and how to help them win,” said Ahryun Moon, CEO and Co-Founder of GoodTime. “With the rise of AI agents transforming the hiring process, his leadership is arriving at the perfect moment. Dino’s experience scaling enterprise solutions will be instrumental as we continue building the most advanced AI-powered hiring platform in the market.”

    About GoodTime
    GoodTime elevates the entire hiring experience with human-centric AI, powered by a digital workforce of intelligent AI agents. Trusted by global talent teams at companies like Hubspot, Spotify, Priceline, and Lyft, our platform not only automates interview scheduling but also keeps candidates and interviewers deeply engaged throughout the hiring journey. Gain access to powerful insights and AI-driven recommendations to streamline processes and ensure every interviewer is always well-prepared. The result? Exceptional hiring experiences that consistently land you top talent.

    Learn more at goodtime.io.

    Media Contact
    For more information or to arrange an interview with Ahryun Moon or Dino Psirogiannis, please contact:
    Jake Link
    press@goodtime.io

    The MIL Network –

  • MIL-OSI: BFCM Communiqué de mise à disposition des Final Terms de l’émission séries 586 tranche 1

    Source: GlobeNewswire (MIL-OSI)

    Paris, le 7 mai 2025

    Communiqué information réglementée

    Communiqué précisant les modalités de mise à disposition des Final Terms de l’émission de la BFCM séries 586 tranche 1.

    La Banque Fédérative du Crédit Mutuel informe que ce document est à la disposition du public sur le site de l’émetteur à l’adresse suivante :

    https://www.bfcm.creditmutuel.fr/en/programs/standard.html

    Des exemplaires de ce document sont disponibles, sans frais auprès de l’émetteur :
    https://www.bfcm.creditmutuel.fr/fr/informations/contact.html

    Contact Relation Investisseurs
    Banque Fédérative du Crédit Mutuel: Sandrine Cao Dac Viola :  BFCM-WEB@bfcm.creditmutuel.fr

    Attachment

    The MIL Network –

  • MIL-OSI: PubMatic Unveils AI-Powered Media Buying Platform

    Source: GlobeNewswire (MIL-OSI)

    NO-HEADQUARTERS/REDWOOD CITY, Calif., May 07, 2025 (GLOBE NEWSWIRE) — PubMatic, a leader in digital advertising technology, today announced the launch of its upgraded solution suite for buyers, powered by generative AI. PubMatic’s buyer platform streamlines every stage of the media buying process – from audience and inventory discovery and forecasting to curation, activation, and performance optimization. It is the only solution with direct access to nearly the entire open internet – 1,900 premium publishers, privacy-safe audience data from 190 data partners, and over 821 billion daily ad impressions.

    The buyer-facing platform combines proprietary supply-side intelligence with AI-powered buying tools, and by uniquely combining direct SSP access with seamless campaign activation capabilities, it offers supply-path transparency unavailable to DSPs. This is critical at a time when buyers demand greater control over and visibility into where and how their media dollars are spent.

    Announced on the two-year anniversary of PubMatic’s Activate product launch, this marks a milestone in PubMatic’s evolution from a traditional SSP into an innovative end-to-end technology company powering the future of programmatic advertising on the open internet. With Gen AI at its core, PubMatic’s buyer suite addresses an array of inefficiencies around supply paths, workflows, inventory discovery, audience strategy, and optimization.

    New Capabilities of the Upgraded Platform Include:

    • AI-Driven Efficiency: In PubMatic’s Gen AI-powered marketplace, buyers will describe their campaign goals, audience strategy, or inventory needs using natural language. The platform will instantly surface or create curated deals while built-in forecasting tools will recommend optimal budgets and bid CPMs to maximize performance, resulting in faster deal creation and more predictable, high-performing outcomes.
    • Unified Activation & Insights: Buyers will seamlessly activate curated deals through PubMatic’s Activate platform or their DSP of choice while benefiting from real-time supply insights.
    • Omnichannel Scale: Buyers will tap into premium streaming and omnichannel inventory across connected TVs, mobile apps and browsers, enriched with audience data from PubMatic’s Connect platform to drive better targeting and efficiency.
    • Real-Time, Always-On Optimization: PubMatic’s Gen AI monitoring agent will proactively track campaign and deal performance 24/7, surfacing actionable insights and optimization recommendations to ensure delivery goals are met. This always-on intelligence will reduce manual efforts, flag issues before they impact outcomes, and free up traders to focus on higher-value strategic tasks.
    • Privacy-First Approach: The platform will ensure compliance with privacy regulations while leveraging first-party data for precision targeting, addressing the growing demand for privacy-conscious advertising solutions.

    “Our goal is to give media buyers a smarter, faster path to campaign performance,” said Kyle Dozeman, Chief Revenue Officer, Americas, at PubMatic. “We’ve embedded Generative AI into the entire PubMatic experience, integrating the technology seamlessly into our proven tools – Activate, Connect, and our SSP – unlocking the full potential of data-driven decision-making, while bringing buyers closer to high-quality, performant supply that reaches across the breadth of the open internet. Early adopters of our buy-side tools have already seen remarkable improvements in campaign efficiency and ROI, and we’re excited to continue driving innovation in partnership with leading agencies and advertisers.”

    Currently in beta testing with long-standing partners, the combined suite has strong support from industry leaders. GroupM, a global partner and early adopter of PubMatic’s Activate platform, which delivered a 126% incremental sales lift for a client, implements PubMatic’s buy-side solutions worldwide. Andrew Meaden, Global Head of Investment at GroupM expressed enthusiasm for the new platform: “Our long-standing partnership with PubMatic is based on a shared commitment to privacy-first, AI-powered innovation and helps us stay ahead in a rapidly evolving industry. PubMatic’s new unified platform will help us deliver smarter, more efficient campaigns for our clients, bringing together discovery, curation and activation in a single easy-to-use solution.”

    Publishers also stand to gain from the platform’s success. By leveraging machine learning and curated deals, the platform helps publishers maximize yield, increase fill rates, and maintain control over inventory quality and pricing. Integration with first-party data and commerce media networks empowers publishers to deliver targeted, privacy-compliant advertising experiences that drive incremental revenue and long-term growth. PubMatic’s integrated supply chain brings buyers and sellers closer together, reduces complexity, and ensures more value flows directly to publishers.

    As the industry moves toward a fully integrated supply chain, PubMatic’s buyer platform emerges as a critical nexus – scaling partnerships and AI-driven innovation across curation, activation and measurement to unlock ecosystem-wide collaboration. PubMatic’s curation partner Attain, whose transaction insights power precision targeting and will be available immediately to buyers on the platform, highlights the platform’s opportunity: “PubMatic’s AI-first platform represents an exciting vision for aligning ad spend with curated purchasing behavior”, said Dave Constantino, SVP at Attain. “By integrating real-time transaction data directly into deal curation and activation workflows, buyers gain an unprecedented ability to target high-intent audiences while measuring and optimizing for true business outcomes. This is the future of technology-first, performance-driven programmatic, and we’re excited to be a part of it.”

    To preview the new platform’s user experience, click to watch the video below:
     https://vimeo.com/1082017337/63a02d270b?ts=0&share=copy

    For more information about PubMatic’s enhanced buyer suite or partnership opportunities, please visit: www.pubmatic.com/buyers

    About PubMatic:
    PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.

    Press Contact:
    Ashley Jacobson, Director of Corporate Marketing, press@pubmatic.com
    Broadsheet Communications for PubMatic, pubmaticteam@broadsheetcomms.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a21bf614-d202-4e4f-a765-c3dca0defe02

    The MIL Network –

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 06 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 GLOBALDATA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 06 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,085,810 1.3745    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,085,810 1.3745    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 3,260 187.25p
    0.01p ORDINARY SALE 1,750 191.88p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 07 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALLIANCE PHARMA PLC – 06 05 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALLIANCE PHARMA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 06 MAY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,170,178 2.0664    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,170,178 2.0664    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 760,175 64.5p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 07 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –