Category: GlobeNewswire

  • MIL-OSI: American Rebel Light Beer Expands into Florida with North Florida Sales Distribution Agreement

    Source: GlobeNewswire (MIL-OSI)

    Nashville, TN, May 06, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is proud to announce its newest distribution agreement with North Florida Sales (nfsinfo.com), a premier beverage distributor serving the Northeast Florida market. This collaboration and expansion into Florida is another bold step in American Rebel’s mission to bring high-quality, American-made beer to hardworking, freedom-loving patriots across the Sunshine State.

    “We believe in the American dream – hard work, perseverance, and celebrating the freedoms that make this country great,” said Todd Porter, President of American Rebel Beverage. “Partnering with North Florida Sales allows us to share that spirit with more people in Florida. Their commitment to excellence, combined with their deep-rooted relationships in the market, makes them the perfect ally in our mission to expand American Rebel’s presence nationwide.”

    Gentry Pelham, President and Owner of North Florida Sales, echoed that enthusiasm, stating: “North Florida Sales is extremely excited for the opportunity to partner up with American Rebel. We can’t wait to introduce this amazing product to the Jacksonville, St. Augustine, and Lake City markets.”

    North Florida Sales has long been recognized for its dedication to delivering quality beverages while building lasting partnerships with retailers and consumers. With an extensive network and a passion for serving their communities, they will help bring American Rebel Light Beer to even more bars, restaurants, and stores across Florida.

    “We’re very excited to be expanding into Florda,” said American Rebel CEO Andy Ross. “American Rebel Beer sponsored the Scag Pro Superstar Shootout this past February at the Bradenton Motorsports Park and I’ve done television interviews in Tampa, West Palm Beach and Miami and performed in Florida several times. Look out Florida, America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer is coming. Florida is going to be a strong state for us and I couldn’t be more proud to get to work with the great team at North Florida Sales.”

    As American Rebel Beverage continues its rapid growth, the brand remains steadfast in its commitment to supporting patriotic values and celebrating the American spirit. Since its launch in September 2024, American Rebel Light Beer has earned loyal consumers across Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Indiana, Mississippi and now Florida – proving that there’s nothing more American than great beer and a good time.

    American Rebel Light is a proudly American-made premium domestic light lager, delivering a crisp, clean, and bold taste with a lighter feel. Crafted with all-natural ingredients and NO added sweeteners like corn or rice, it offers a refreshing balance of flavor with 100 calories, 3.2 carbohydrates, and 4.3% ABV per 12 oz serving. Whether it’s a backyard barbecue, a tailgate, or a weekend at the racetrack, American Rebel Light is brewed for the bold, the free, and the proud.

    For more information about American Rebel Light and its new distribution agremeent with North Florida Sales, follow us on social media @AmericanRebelBeer or on the web at americanrebelbeer.com.

    About American Rebel Light

    American Rebel Light isn’t just a beer – it’s a statement. A toast to freedom, a salute to hard-working Americans, and a bold declaration of our patriotic values. As America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer, Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers. For more information follow American Rebel Beer on all social media platforms (@americanrebelbeer).

    About North Florida Sales

    North Florida Sales (NFS) is a locally owned and operated company and covers all or part of 11 counties in Florida. These counties include Duval, Nassau, St. John’s, Putnam, Clay, Bradford, Union, Baker, Columbia, Hamilton and Suwannee. Started in 1995, NFS strives to be a leader in sales and service in the beverage industry in Jacksonville and Lake City, FL. NFS’s mission is to provide the highest quality customer service on a consistent basis, while ensuring the availability of the freshest and cleanest product possible. For more information on North Florida Sales, go to nfsinfo.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.

    info@americanrebel.com
    ir@americanrebel.com

    Media Contact:
    Matt Sheldon
    Matt@PrecisionPR.co

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our strategic planning, marketing outreach efforts, actual placement timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 02 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
    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
    02 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: 11,148,000 1.3822    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,148,000 1.3822    

    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 PURCHASE 100,000 196p

    (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: 06 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 – [ALPHA GROUP INTERNATIONAL PLC – Opening Disclosure – 02 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
    02 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: 1,507,500 3.5578    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,507,500 3.5578    

    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
    None      

    (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: 06 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: Free Psychic Reading Online by Chat [2025] Best Free Psychics for Accurate Readings!

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, CA, May 06, 2025 (GLOBE NEWSWIRE) — In today’s fast-paced world, more people are turning to spiritual tools to gain clarity and direction. Whether you’re dealing with a relationship dilemma, career confusion, or life transitions, a free psychic reading online can offer valuable insight, all from the comfort of your home. Best of all, you can now connect instantly through free psychic chat with certified advisors and get accurate answers in real time.

    The-Psychic-Experts.com, a leading platform in reviewing free psychic services, has officially announced its 2025 rankings for the best free psychic reading platforms that are available online. 

    Discover your future with an accurate free psychic reading online and unlock answers through free psychic chat with gifted intuitive advisors!

    ⇒ Connect with the best free psychics for love, career, and more!

    What Is a Free Psychic Reading Online?

    A free psychic reading online allows you to connect with a psychic advisor over the internet—usually via chat, video, or email—without any upfront cost. Many reputable psychic platforms offer introductory sessions so that new users can experience the service without financial commitment.

    These sessions typically last 3 to 10 minutes and are ideal for asking simple questions or getting a feel for the psychic’s energy and accuracy.

    ⇒ Discover what’s ahead by connecting with the best free psychics online!

    What Is Free Psychic Chat?

    Free psychic chat is a live text-based communication feature that lets you speak directly with a psychic in real time. Unlike phone or video readings, chat is discreet, fast, and easy to use—perfect for users who prefer privacy or quick answers.

    Psychic chat platforms often include features such as:

    • Real-time typing and responses
    • Saved chat history for future reference
    • Ratings and reviews of each advisor
    • Topic filters (e.g., love, career, spiritual guidance)

    Enjoy a free psychic reading online and use free psychic chat to gain clarity, peace of mind, and guidance from experienced psychic experts.

    ⇒ Start s free psychic chat and find answers to your deepest questions!

    Main Benefits of Using Free Psychic Reading and Chat Services

    1. Convenience
    Access guidance 24/7 from anywhere in the world—no appointments needed.

    2. Privacy
    Chat-based readings allow you to stay anonymous while discussing personal matters.

    3. Clarity Before You Pay
    With a free psychic chat, you can evaluate the reader’s accuracy before committing to a paid session.

    4. Wide Range of Experts
    Choose from advisors specializing in tarot, astrology, mediumship, numerology, and more.

    ⇒ Chat with the best free psychics online and explore your future!

    How to Choose a Trustworthy Free Psychic Online

    Not all psychic platforms are equal. Here’s what to look for:

    • Verified Reviews: Read ratings and feedback from real users.
    • Free Intro Offers: Look for platforms that offer several free minutes.
    • Transparency: Check the advisor’s bio, specialties, and tools used.
    • Customer Support: Reliable platforms offer 24/7 assistance in case of technical issues.

    Top-rated psychic sites often include filters to help you choose a psychic by category (love, career, etc.), reading style (compassionate, direct), and tool (tarot, clairvoyance, etc.).

    ⇒ Ask a psychic your most urgent question free of charge!

    Best Times to Use Free Psychic Chat

    • When facing an urgent decision and needing fast clarity
    • After a breakup or during a relationship crisis
    • When changing jobs or considering a move
    • During emotional stress or uncertainty
    • For ongoing spiritual growth or guidance

    ⇒ Discover your future with a free psychic reading and real insight

    Psychic Experts: Your Go-To Resource for Free Psychic Readings in 2025

    Digital access is growing the demand for online services, and the same is true for psychic services. The psychic experts recognize that online users often get nervous when trying to choose between different psychic services, since all of them claim accuracy and authenticity. 

    This year’s Best Free Psychic Reading Online for 2025 list was meticulously curated for this very reason. It is based on verified user feedback, psychic credentials, and ease of access. And it also particularly focuses on free psychic chat and ask a free psychic question services.

    So if you are looking for free psychic love readings, or simply want to know about your future via free psychic reading by date of birth and time, the-psychic-experts.com will help its users find authentic guidance in the world of psychics in an affordable way.

    ⇒ Receive a free psychic reading from experienced, trusted advisors!

    Why Free Psychic Readings Are on the Rise

    Free psychic readings have always been popular among those who know its worth. These are considered a spiritual outlet for people who have questions about the unknown or are in search of clarity. However, the online psychic popularity has made it easier than ever to ask a free psychic question online, from the comfort of your home. 

    So whether you are into clairvoyance, tarot, astrology, or mediumship, you can be guaranteed that these services are now available online. Most platforms now offer:

    • Free trial readings online
    • Online psychic chat sessions
    • Free psychic chat sessions online
    • One free psychic question before you pay for the full session
    • Free psychic reading by date of birth and time
    • Free psychic readings online with no credit card.

    This freedom for the user, that they are allowed to test out a service before paying in full, makes a free psychic reading the first step that introduces them to the mystical world.

    ⇒  Find peace and clarity through a free psychic reading with gifted advisors!

    Who Are These Readings For?

    Free psychic readings are for everyone. Anyone can benefit from the spiritual guidance, whether they are dealing with personal issues or professional performances.

    The beauty of free psychic readings online is how they cater to absolutely everyone, including;

    • Singles who are looking for love
    • Couples who are in a relationship struggle
    • Professionals who need guidance when stuck at career crossroads
    • Students who want to explore purpose in life and career direction
    • Grieving individuals who want to seek comfort and connection with passed away loved ones.

    Psychic readings can change the minds of anyone. Even skeptics admit that they walked away feeling much lighter, mind clearer, and more confident.

    ⇒ Ask a free psychic question and receive spiritual guidance on love, career, or life direction.

    Benefits of Free Online Psychic Readings

    Free online psychic readings have many benefits. Because they are; a) free, and b) available online. 

    Unlike traditional in-person visits, the online psychic readings do not cost hundreds per hour. The online services offer access, affordability, and privacy. 

    Other key benefits include:

    Convenience

    Online psychic readings are convenient. The psychic expert steps in to offer its users complete convenience and authenticity. You can get a free psychic reading via online chat, and no credit card is required no matter if you accessing the online service from anywhere in the world.

    Variety of Readers

    Psychic reading isn’t just restricted to palm or tarot readings. With the psychic expert’s recommendations, you can access multiple psychic readers, from empaths and mediums to energy readers and clairvoyants.

    ⇒ Explore the best free psychic reading services trusted by thousands around the world!

    No Pressure

    The psychic experts ensure that their users feel completely at ease when availing any of the online services. You can first test the waters with a free psychic question, and then, if you feel a connection with the reader, you can continue at your own pace.

    How Free Psychic Reading Works

    Many free psychic services, such as the ones rated and reviewed by the psychic experts, follow a similar process:

    1. The user chooses their reader (based on profile, ratings, or specialization).
    2. Then, ask a free psychic question via chat or phone.
    3. Then receive a brief but insightful reading, which is enough to decide if they would like to go further.
    4. Then the reader offers an option to continue for a fee or end the session after the free portion.

    ⇒  Chat with the best free psychics today for answers, healing, and spiritual guidance!

    What Makes a Great Free Psychic Reading Site in 2025?

    The psychic experts don’t claim to be a great psychic reading website for no reason. There are many standards that it follows to ensure that the users are 100% satisfied with the services.

    The psychic experts vet their psychics via multi-step background and skill evaluations. The higher they score, the higher they are rated. Genuine reviews also help them identify the psychics who truly deliver versus those who just talk. Specializations, such as love psychics, energy healers, astrologers, and tarot experts, are all represented individually. And lastly, no credit card is required for the first reading. Users can simply get a free psychic reading online chat with no credit card, which reduces inconvenience and friction and increases trust in the psychic experts.

    Here are some of the most common psychic reading services at the-psychic-experts.com.

    Love Life On The Rocks? Try a Free Psychic Love Reading

    Many people arrive at the psychic experts, unsure about the idea whether their partner is “the one,” or sometimes they are dealing with a breakup, or wondering about future compatibility. Free psychic love readings offer a non-judgmental insight in these matters. 

    ⇒  Unlock love insights with a free psychic love reading from trusted advisors!

    Get Answers with Just a Name or Birth Date

    Some platforms on the psychic experts even offer free psychic readings by date of birth and time, or just your name and one question. These readings heavily lean on astrology or numerology, and they are also perfect for long-term clarity. However, it doesn’t always result in immediate answers.

    Free psychic readings by date of birth and time are best for:

    • Major life decisions
    • Birth chart readings
    • Career mapping
    • Family patterns
    • Generational healing.

    Many users come to the psychic experts with questions like:

    • “Will I find love this year?”
    • “Is my ex thinking about me?”
    • “Should I change careers now or should I wait?”
    • “What is blocking my happiness?”
    • “What’s my purpose in life?”

    … and so many other questions like these.

    ⇒ Start a free psychic chat and connect instantly with gifted advisors online!

    Common Questions Regarding Free Psychic Reading Online Chats

    Users of the psychic experts are as curious about the free psychic reading services as they are about their future. Here is a breakdown of some of the most commonly asked questions about free psychic reading online chats.

    1. What Happens During a Free Psychic Reading Online Chat?

    During free psychic readings via chat, readers offer complete discretion and instant access, which means that you can enter a live chat session with a psychic with your questions in mind, and enjoy a few free minutes to explore their commitment and connection before paying for their services.

    During a free psychic chat session:

    • You’ll be asked to provide your name and birth details (possibly).
    • The psychic will then begin tuning into your energy.
    • You can type your question in the chat box.
    • Responses come in real-time
    • However, you can always request clarification as needed.

    ⇒ Ask a free psychic question and get quick, honest answers!

    2. Can You Trust a Free Psychic?

    Many people are skeptical about psychic readings. However, the skepticism stems from a lack of knowledge or misunderstanding. It is important to understand that not all psychic platforms operate with integrity. This is precisely why the psychic experts exist. They test, compare, and rank psychic services so that you don’t have to risk your time or emotions to fraudulent psychic readers.

    The readers at The-Psychic-Experts.com are;

    • Transparent: Clear about what is free and what isn’t.
    • Verified: Authentic user feedback verifies genuine profiles.
    • Screened: Vetted for experience and accuracy.
    • Guaranteed: Offer money-back or satisfaction guarantees.

    3. Can I Get a Free Psychic Love Reading?

    Yes, you can get a free psychic love reading.

    One of the most in-demand categories of online psychic reading services is free psychic love reading. Psychics in this field of specialization can offer:

    • Insights about your current relationship
    • Whether you should stay or move on
    • Energy readings and knowledge about your romantic compatibility
    • Predictions about any future romantic encounters

    Many users begin with a fun and free psychic love reading. Which then goes on to become regular clients due to the commitment, value, and exceptional knowledge they receive.

    ⇒ Start a free psychic love reading and understand your emotional journey!

    What to Expect During Your First Free Psychic Reading

    Your first free psychic reading (or online psychic reading) can be overwhelming, curious, and exciting. 

    People have claimed that during their first free psychic reading session, they had a million thoughts running through their minds. 

    Here’s something we need to tell you: A psychic reading goes extremely well when you’re well-prepared. It can feel like a thoughtful, soul-searching, heart-to-heart conversation. And it will surely leave you feeling much lighter, more self-aware, and in control of your life.

    To reduce your nervousness, here are all the things that you can expect from your first free psychic reading, no matter if it is in-person or online.

    ⇒ Free psychic chat available now with accurate, real-time responses!

    The Atmosphere and Energy

    Whether it’s in person, over the phone, or via chat, the ambiance matters. 

    Psychics usually begin by helping you feel comfortable. They will ask for your name and birthdate, and then begin with a short grounding ritual. 

    Some will also explain how this whole process works, whether it’s through tarot, clairvoyance, mediumship, or energy reading.

    Don’t worry. You’re not expected to say much at the beginning. Just be present for the reading and receptive to its knowledge. A cold reading is where the psychic has no prior info about you, and it can be especially powerful in validating the psychic’s skills. 

    You might even come to know things that seem oddly specific or feel extremely personal.

    What You Want to Hear

    A psychic will never tell you what you want to hear. Rather, they will tell you what is true and specific. Their role is not to hide the truth from you or to sugarcoat, but rather to convey messages or insights that they receive from the physical realm, even if those truths are difficult. 

    No, that doesn’t mean they’ll predict doom for you. Reputable psychics mostly focus on the good things, such as healing. They may gently guide you toward an uncomfortable realization or a hard truth, but they will also provide guidance and strength to face it.

    Psychics can also confirm things you’ve felt but couldn’t articulate. This spiritual validation can be life-changing and is one of the reasons why people go to psychics for readings.

    ⇒ Chat live with the best free psychics and ask anything you want!

    Different Types of Free Psychic Readings: Which One Is Right for You?

    There are different styles of psychic readings, and no two of them work the same way. Choosing the right type of reading depends on what you’re seeking.

    1. Tarot Card Reading

    Tarot is one of the most common reading tools that psychics use. Here is what happens in this reading; the deck is filled with symbolic cards that look into your subconscious and spiritual energy. Then, a tarot reader will use spreads like the Celtic Cross or Three-Card Spread to gain even more insight into questions like love, finances, or your life’s purpose.

    Tarot reading is less about “fortune-telling” and more about identifying patterns and paths towards which your life is headed.

    2. Love Readings

    Love readings focus on love, and specifically on matters of the heart. These could be romantic relationships, soul mates, and breakups, etc. During love readings, users sometimes want to know if their current partner is “the one,” or whether their ex still have feelings for them, or what hurdles are preventing them from finding love.

    A love psychic will look into the energy between two people and read patterns even if one of them isn’t physically present. You can also avail of love reading services online for free at the-psychic-experts.com.

    ⇒ Get a love-focused free psychic reading and make better choices

    3. Mediumship

    Mediumship is another type of psychic reading in which mediums connect with spirits. 

    For example, if a person or an online user has lost a loved one and is looking for closure or a sign from the other side, a medium will help them bridge that gap. They can convey messages from the other side and thus bring peace, closure, or comfort to their client.

    Not all psychics are mediums. And many of them claim to be mediums but are actually not. So make sure that you are choosing someone with this specific gift if that’s your goal.

    4. Past Life Readings

    Many people feel a strong connection to a place, era, or person. This is where past life readings come into play. A past life psychic reading delves into the idea that our souls may have lived multiple times before and that past experiences resurface to influence us today.

    These psychic readings can be insightful for the curious mind. Especially if a person is struggling with repetitive patterns, or unexplainable fears, or deep soul connections.

    ⇒ Ask a free psychic question now and explore new possibilities

    5. Dream Interpretation

    Dream interpretation is also an important psychic reading, as dreams and nightmares often plague the sleep of people. Psychics believe that dreams are the soul’s way of processing information from both this world and beyond it. 

    These psychics can decode the symbolic language of dreams and thus reveal hidden messages, suppressed emotions, or spiritual messages.

    What NOT to Do During a Free Psychic Reading

    Free psychic readings are meant to be emotional and even life-changing. But it has rules, and there are things that you should not do. If you don’t show up with the right mindset, the readings will not go well. It doesn’t matter whether you’re a skeptic or a believer; your energy and behavior matter a lot during a reading.

    So, before you hop on a call, book a one-on-one session, or choose a free online psychic reading via chat, here are a few common mistakes that you should avoid if you don’t want to disturb your psychic reading session.

    ⇒ Try a free psychic reading and see what’s coming next in life!

    1. Forgetting To Skip the Recording

    If you think that you’ll remember everything a psychic tells you, then you are wrong. Especially if it’s an emotional session. Psychic readings can often involve many insights, revelations, and moments that can leave you stunned or distracted. 

    This is why it’s not only smart but also very important to record your session. Whether you are taking a psychic reading on your phone, a chat, or during a physical session, keep a voice recorder or even handwritten notes to record everything.

    Most professional psychics allow recording (in fact, many encourage it). Recordings will give you the chance to revisit the reading with a fresh mindset. You might catch details that you didn’t fully accept the first time, or connect dots, or a message with something you later discover to be true. 

    However, always ask for permission from your psychic before recording. It’s respectful and sets up mutual trust between both parties.

    ⇒ Get Clarity Now – Ask a Free Psychic Question Instantly!

    2. Don’t Try to “Trick” the Psychic

    People who come to psychics with a skeptical mindset try to test the psychic by feeding them false information, or they also try to withhold details just to “see what they say.” 

    While it’s natural to be on guard and feel cautious, especially when the reading is free, at least don’t try to outsmart or mislead a psychic for the following reasons.

    First, you’re not giving an authentic energy to begin with. They cannot read that. Most psychics work in collaboration with your energy field, and not just guess facts about your life. So, if you block that energy, the session will become confusing for both of you. 

    Second, some mediums work with spiritual guides or spirits. And they will definitely call you out. Which will lead to disagreement between the reader and the client. 

    And lastly, it’s just a waste of time. If you’re going to lie during a reading, then don’t go. Only honesty leads to clarity in this case.

    ⇒  Start your free psychic reading today and receive instant clarity!

    3. Don’t Show Up Under the Influence

    It doesn’t matter if you’re feeling nervous or just got back from a happy hour; showing up intoxicated to a psychic reading is not the right way to do this. 

    Alcohol or drugs will alter your emotional and energetic state, and thus, make it extremely hard for a psychic to read your energies and spiritual connections easily. But that’s not all. It will also affect your ability to focus, you will have difficulty remembering details, and won’t be able to respond to the information that is being shared by the reader.

    Plus, some psychics will even outright refuse to read a person who seems to be inebriated. Which makes sense, because it’s unprofessional and it can derail the whole experience of psychic reading.

    4. Don’t Dictate the Session

    If you’ve booked a free psychic reading to figure out your love life or professional career, then you will have questions and intentions. However, always keep in mind that you should never micromanage the psychic reader or their session, or refuse to accept or shut down anything that doesn’t fit your opinions and beliefs.

    Psychics receive messages or impressions all the time, and they go beyond the specific issue that you walked in with. Sometimes, these are the very unexpected messages that can prove to be more relevant or urgent than the task at hand. So if you try to dictate the reading into one topic, you will definitely miss out on important guidance that your intuition, a spiritual source, or the reader is trying to deliver.

    ⇒ Ask a free psychic question and receive support from real, compassionate advisors!

    5. Don’t Do a Group Reading If You Want It to Be All About You

    Group readings are the perfect way to destroy your personal reading. 

    Yes, bringing a friend along for moral support is good, but not during a psychic reading. It is something you must do alone. Group readings shift the focus away from you, because someone else’s energy or spirit connection can be stronger in the moment or interfere with yours. Psychics can’t control, most of the time, which messages come through the loudest. Which is why your friend might get all the answers, while yours go unnoticed.

    If your goal is to get personal clarity or closure with a psychic reader, book a solo reading. In this way, the psychic will concentrate fully on your energy and concerns rather than someone else’s. 

    ⇒  Get the answers you seek through free psychic chat and real insights!

    6. Don’t Be Rude, Late, or Distracted

    All of these things are against professionalism. Basic manners apply in the psychic world too, because a reading is a professional service, even if it’s free. It should be approached with the same level of respect that you’d give to any other personal appointment. Which is why;

    • Show up on time 
    • Give a heads-up if you’re running late
    • Silence your phone
    • Only record with permission 
    • Don’t argue about prices, even if you are just there for a free intro session
    • Treat the psychic with respect.

    When you show respect and gratitude, you will receive it too, as well as have a mutually positive experience. 

    ⇒ Find the best free psychics here and choose from top-rated advisors!

    7. Don’t Expect Exact Timelines or Life-Altering Predictions

    One major misconception about psychic readings is that they will change your life dramatically, or work like a crystal-clear map. In reality, readings are fluid, symbolic, and most often, open to interpretation. 

    The predictions that psychics will make might also be metaphorical. Other predications may play out over months or even years. All this is to tell you that psychic insights are not guaranteed; they’re more like nudges.

    This is why you should not demand guaranteed answers from psychics. They cannot tell you the exact date you will get married or win the lottery. That’s not how it works. Instead, stay open to the signs that emerge and reflect throughout your journey.

    8. Don’t Get Hung Up on One Thing You Don’t Like

    If the psychic says something that you don’t like or feel uncomfortable with, it’s fine to question it. However, what you must not do is dismiss the entire session based on one detail you hung up on and didn’t like. Sometimes, the messages that these psychic readers will tell you will take time to make sense. And in some cases, uncomfortable truths will also be revealed, because they are exactly what you need to hear.

    A good psychic will never hide things from you, but they also won’t send you into misery and disappointment. If you find yourself resisting one specific point, think about it, take a deep breath, and reflect later. 

    ⇒ Ask a psychic question for free and receive guidance instantly!

    9. Don’t Be Scared Or Nervous 

    The key to getting maximum clarity with psychics is to ask with confidence. 

    Psychics will perform readings that reflect innate human need, as they seek clarity without commitment, especially when it comes to deeply personal matters. 

    So, whether you’re asking about love, finances, health, or career, craft your question well, and you will see how it shapes the clarity and accuracy of the answer you receive.

    Be specific but open, and instead of asking “Will I be happy?” try asking, “What should I focus on to achieve happiness?” Similarly, avoid Yes/No questions, because open-ended questions will lead to even more comprehensive insights.

    Many psychics offer a free psychic reading by date of birth and time, which provides deeper astrological accuracy, but whatever you have in mind, have realistic expectations, because psychics only guide, and not dictate, your destiny.

    ⇒ Start a real-time free psychic live chat and gain valuable perspective!

    10. How to Choose the Right Psychic for You

    Finding the right psychic reader is very easy, thanks to resourceful content present on the psychic experts, such as;

    • Star Ratings and Reviews: You must look for 4.5+ stars and feedback.
    • Specialty Tags: For example, love psychic, medium, or tarot expert. Their specialty must match your needs.
    • Intro Videos: A short video can help you “meet” your psychic before booking.
    • Trust Your Gut: if a psychic’s tone or wording doesn’t match your vibe, move on.
    • Use the Free Minutes Wisely: Your trial time is precious. Don’t waste it with small talk. Move straight to your main question.

    11. How to Spot a Fake Psychic

    Unfortunately, not everyone in the psychic world is genuinely ethical. Many psychic readers aren’t even psychics – they take advantage of vulnerable people by making fake promises or forcing them to buy expensive add-ons (like curse removals). 

    Here are some red flags present in all fake psychics:

    • They guarantee 100% accuracy
    • They ask leading/fishing questions
    • They claim you’re cursed and ask for money to remove it
    • They pressure you into buying more sessions

    If you spot such a psychic, don’t believe a word they say. Instead, stick to reputable platforms, such as the psychic experts, with verified reviews and satisfied users.

    ⇒  Get started with a free psychic reading and explore your destiny today!

    Final Thoughts

    A free psychic reading can help you with matters of this world or the next, whether it is love life, career choices, or grief resolution. Platforms like the psychic experts allow users to safely explore spiritual wisdom without any risks, as there are trusted psychics, verified reviews, and no pressure to pay until you’re 100% satisfied.

    Frequently Asked Questions

    Are free psychic readings really free?

    Yes, many top-rated platforms, such as the-psychic-experts.com, may offer a few minutes free for your online psychic readings on chat or call. These minutes are enough to help you decide if the psychic is right for you.

    What is the best way to ask a psychic a question?

    Ask open-ended questions and be receptive to their guidance on love, career, and personal growth. The more detailed your question is, the better the reader will provide an answer.

    Can I get a free psychic reading by date of birth and time?

    Of course! Many psychic readers use date of birth and time as well as astrology as a tool to offer you insights about your life. Always provide correct birth information for accurate answers.

    Are free psychic readings online really accurate?

    Yes, they can be. The accuracy depends on the psychic’s skill and your openness. Free minutes are a great way to test an advisor’s style and abilities. The accuracy of free online psychic readings depends on the psychic’s ability and your willingness to cooperate and coordinate with them. Top-rated platforms like the-psychic-experts.com tend to feature the most genuine and insightful psychic readers for accurate readings.

    How long do free psychic chat sessions usually last?

    Most platforms offer between 3 and 10 free minutes. This is often enough to ask one or two questions and get a feel for the reader.

    Do I need a credit card for a free psychic chat?

    Some platforms do not require a credit card for the free portion, while others may request it for verification. Always read the terms before signing up.

    Can I ask anything during a free psychic reading online?

    Yes. You can ask about love, career, family, health, or spiritual paths. Just be mindful that time is limited during the free session.

    Is free psychic chat safe and confidential?

    Reputable platforms use secure technology and keep chats private. Be sure to choose a trusted site with good reviews and a clear privacy policy.

    Is a free psychic reading better via phone or chat?

    Honestly, it depends on your preference. If you want a psychic reading via chat, it will offer discretion, but on the other hand, phone readings offer verbal clarity and a better energy connection.

    Media Contact

    Company: The Psychic Experts

    Contact Person: Anthony C. Bedoya

    Email: support@the-psychic-experts.com

    Address: 1 Fremont St, Las Vegas, NV 89101, USA

    URL: https://the-psychic-experts.com/

    Phone: +1 414-203-2598

    Content Accuracy Disclaimer
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    All product reviews and descriptions reflect the author’s honest opinion based on available public data, user feedback, and scientific references at the time of writing. The inclusion of affiliate links does not influence the objectivity or integrity of the content. However, readers are encouraged to independently verify product information and consult with healthcare professionals prior to purchase or use.
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  • MIL-OSI: Orbit International’s Simulator Product Solutions LLC Subsidiary Reports April Bookings in Excess of $1,125,000

    Source: GlobeNewswire (MIL-OSI)

    HAUPPAUGE, N.Y., May 06, 2025 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Simulator Product Solutions LLC (“SPS”) subsidiary received orders during the month of April of 2025 totaling in excess of $1,125,000. Deliveries for these awards have already commenced and will continue through the third quarter of 2025.

    Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report SPS bookings in excess of $1,125,000 for the month of April of 2025, which comes on the heels of $4,700,000 in bookings for our Orbit Electronics Group (“OEG”) that we announced for the first quarter. In addition to the firm monthly bookings, SPS continues to bid on several new opportunities which we hope will continue the momentum of bookings for the second quarter. We also believe that our position in the marketplace will add to additional business opportunities in the second half of 2025. However, the timing of receipt of military awards is always an uncertainty.”

    Binder added, “We continue to be very confident in the progress of our Orbit Power Group (“OPG”). We recorded a very firm booking year in 2024, principally due to record bookings for power supplies utilizing our VPX technology. We continue to be confident that in 2025, we will continue to both receive follow-on business for our VPX power supplies and deliver new designs that will expand our reach in the marketplace for this technology. We are monitoring the recent tariff announcements and are evaluating their impact on the cost of our product and in particular our VPX power supplies.”

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

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

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

    CONTACT                        
    David Goldman
    Chief Financial Officer
    631-435-8300

    The MIL Network

  • MIL-OSI: SIOS Technology to Demonstrate High Availability Clustering Software for Mission-Critical Applications at Red Hat Summit, Milestone Technology Day and XPerience Day, and SQLBits 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., May 06, 2025 (GLOBE NEWSWIRE) — SIOS Technology Corp., a leading provider of application high availability (HA) and disaster recovery (DR) solutions, today announced it will demonstrate its high availability clustering software for business-critical applications at four leading technology events this spring. SIOS also announced that it is inviting all IT practitioners to participate in its newly launched 2025 HA/DR Practices Survey, designed to gather insights into current trends, challenges, and strategies for ensuring application uptime and data protection.

    At each event, SIOS experts will demonstrate how SIOS LifeKeeper and DataKeeper software provide high availability and disaster recovery for critical applications like SQL Server, SAP, and Oracle. Attendees will learn how SIOS clustering software ensures application uptime, eliminates data loss, and simplifies HA/DR across physical, virtual, cloud, and hybrid environments.

    SIOS clustering software enables IT teams to create highly available application environments without the need for shared storage. Through intelligent application monitoring, real-time data replication, and automated failover and recovery, SIOS ensures business continuity with minimal complexity and reduced cost. With support for Windows and Linux in any infrastructure, SIOS solutions are trusted by enterprises worldwide to protect mission-critical operations.

    SIOS Launches Survey to Gather Insights on HA/DR Practices

    As part of its commitment to advancing resilience strategies in the enterprise, SIOS is launching its 2025 HA/DR Practices Survey to collect insights into the challenges, priorities, and real-world strategies used by IT professionals to ensure application uptime and data protection. The results will be compiled into the SIOS 2025 State of High Availability and Disaster Recovery Report, providing valuable benchmarks for the industry.

    All practitioners, including attendees of the Red Hat Summit, Milestone Technology Day, Milestone XPerience Day, and SQLBits, are invited to participate in the survey here.

    About SIOS Technology Corp.

    SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data – protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

    SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

    Media Contact:

    Beth Winkowski
    Winkowski Public Relations, LLC for SIOS
    978-649-7189
    bethwinkowski@US.SIOS.com

    The MIL Network

  • MIL-OSI: 3D Systems’ NextDent® Material Portfolio Addressing Broadest Set of Patient-specific Indications

    Source: GlobeNewswire (MIL-OSI)

    • 3D Systems’ NextDent branded dental materials have set the benchmark for quality and aesthetics, addressing the broadest set of patient-specific dental solutions in the world
    • NextDent materials form the foundation for 3D Systems’ dental ‘repair’ offerings with regulatory approvals across the US, Europe and Asia
    • Industry’s largest portfolio of dental 3D printing materials seamlessly integrates with leading dental 3D printers across the industry, enabling improved production efficiency and aesthetics, reduced labor costs, and expanded service offerings
    • 3D Systems’ solutions for the ‘repair’ market are integral to its dental strategy, as the market is expected to be worth approximately $150 million by 2029
    • 3D Systems’ Digital Dentistry Solutions are catalyzing the adoption of 3D printing — serving more than one million patients

    ROCK HILL, S.C., May 06, 2025 (GLOBE NEWSWIRE) — 3D Systems’ (NYSE: DDD) Digital Dentistry Solutions are helping dental laboratories and clinics efficiently deliver patient-specific devices to straighten, protect, repair, and replace teeth with high precision. 3D printing combined with advanced dental materials can now provide individually customized patient solutions faster, better and at a lower cost than conventional technologies. The Company has cemented its leadership in Digital Dentistry by providing the most extensive portfolio of integrated solutions. At the core of 3D Systems’ strategy is a portfolio of NextDent® materials that are engineered to address the most comprehensive range of patient-specific indications. The Company’s deep experience and expertise — which includes nearly a century of pioneering dental material development — enables the production of custom prosthetics for the repair of teeth such as crowns and bridges that provide a precise fit, enhanced durability, and cost-effective results.

    3D Systems’ portfolio of clinically validated NextDent 3D printing resins now address more than 30 applications, including those focused on repairing teeth. This includes materials such as NextDent C&B MFH (Micro Filled Hybrid). This material has been developed for crowns and bridges, and engineered to efficiently produce strong, durable patient-specific devices. 3D Systems has also added a third-party material which shares the Company’s commitment to the highest quality standards to its portfolio to support an ever-increasing range of solutions for the ‘repair’ of teeth. In 2022, 3D Systems announced a partnership with Saremco Dental AG, and in so doing, made Saremco’s CROWNTEC material available for its NextDent 3D printers to produce patient-specific permanent crowns.

    3D Systems’ NextDent materials are compatible with the Company’s 3D printing technologies — NextDent 5100 and NextDent LCD1 — and are also validated to integrate with a variety of industry-leading dental 3D printers. Opening its materials portfolio to use with other renowned dental 3D printers helps lower the barrier to adoption by enabling more print solutions to capitalize on the rich legacy and expertise of the NextDent portfolio. NextDent materials for medical devices are fully biocompatible and carry all of the required regulatory clearances in many jurisdictions around the world.

    “3D Systems has been recognized for decades as an industry-leader in Digital Dentistry innovation,” said Dr. Jeffrey Graves, president & CEO, 3D Systems. “With the broadest range of technology in our industry and our strategic focus on dentistry, we are perfectly positioned to drive widespread adoption across all dental applications. Our mission is to be the leader in all aspects of dentistry, providing the highest-quality solutions to straighten, protect, repair and replace teeth for patients around the world. Our efforts in the ‘repair’ space are foundational to our business, which is deeply rooted in the rich history of the NextDent brand. Our validated 3D printing workflows featuring our industry-leading materials and empower dental labs and clinics to improve efficiency, reduce costs, and expand their service offerings, ensuring scalability and a competitive edge. Ultimately, our advanced solutions deliver better-fitting, longer-lasting, and aesthetically superior dental prosthetics, enhancing patients’ confidence and quality of life. Our continued focus on R&D enables the development of ever-improving solutions designed to rapidly meet the diverse patient needs.”

    According to internal market estimates, applications for the ‘repair’ pillar of 3D Systems’ dental strategy in the United States alone represent an approximately $150 million addressable market by 2029. The U.S. market is estimated to be roughly one-third of the total available global market. When combined with the markets for ‘straighten’ (approximately $125 million), ‘protect’ (approximately $150 million) and ‘replace’ (approximately $600 million), the U.S. Dental market represents a nearly $1 billion opportunity for the integration of 3D printing technology.

    3D Systems’ Digital Dentistry Solutions are integral to catalyzing the adoption of 3D printing — serving more than one million patients. The Company’s solutions for ‘repair’ applications include 3D printing materials, 3D printing technology (i.e., NextDent 5100, NextDent LCD1, DMP Flex 200), additive manufacturing software (i.e., 3D Sprint, 3DXpert) and deep applications expertise. For more information, please visit the Company’s website.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    More than 35 years ago, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.

    Investor Contact:   investor.relations@3dsystems.com
    Media Contact:      press@3dsystems.com

    The MIL Network

  • MIL-OSI: Smackover Lithium Submits Royalty Application to Arkansas Oil and Gas Commission for South West Arkansas Project

    Source: GlobeNewswire (MIL-OSI)

    LEWISVILLE, Ark., May 06, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE:A:SLI) and Equinor, announced that SWA Lithium LLC has submitted an application to the Arkansas Oil and Gas Commission (“AOGC”) to establish a fair and equitable lithium royalty for the Reynolds Unit for Phase I of its South West Arkansas (“SWA”) Project in Lafayette and Columbia Counties, Arkansas. The hearing is scheduled for Wednesday, May 28th, 2025, at 9:00 am CDT and is to be held at the Donald W. Reynolds Community Center Grand Hall at South Arkansas University (100 East University) in Magnolia, Arkansas.

    The application proposes a quarterly gross royalty of 2.5% that will be based on the total amount of lithium produced and the average FastMarkets North American Index Price for technical grade lithium carbonate, which is higher than comparable projects globally on a lithium carbonate equivalent (“LCE”) basis. The lithium royalty will be paid to brine owners in addition to the brine fee, also referred to as the “in lieu bromine royalty,” of $65.05 per acre per year, making the total proposed royalty compensation approximately 3% based on current lithium prices.

    “Working with landowners and the AOGC to establish a fair and equitable royalty is key to the SWA Project’s success,” said Standard Lithium’s CEO, David Park, “The proposed royalty generously compensates brine owners, is fair for industry, and encourages development of the Smackover resource. The royalty is only the beginning of the economic impact this project will have for South Arkansas and the rest of the state.”

    “Establishing a royalty for the SWA Project allows us to continue the path towards a final investment decision,” said Allison Kennedy Thurmond, VP for US Lithium at Equinor. “The proposed royalty rate enables capital investment, infrastructure improvements, jobs, tax revenue and brings tremendous benefits to the Smackover region.”

    For more information about the SWA Project and Smackover Lithium, please visit www.smackoverlithium.com

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by high-grade resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction (“DLE”) and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.

    Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    About Equinor

    Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Norway, Equinor is the leading operator on the Norwegian continental shelf and is present in around 30 countries worldwide. Equinor’s partnership with Standard Lithium to mature DLE projects builds on its broad US energy portfolio of oil and gas, offshore wind, low carbon solutions and battery storage projects.

    For more information on Equinor in the US, please visit: Equinor in the US – Equinor

    Investor and Media Inquiries

    Chris Lang
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, including approval of the royalty application submitted to the AOGC, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such forward-looking statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    The MIL Network

  • MIL-OSI: Banzai Secures Expanded Agreement with RBC Capital Markets for OpenReel Enterprise License

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, May 06, 2025 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced it has expanded its agreement with RBC Capital Markets.

    As part of the expanded agreement, RBC Capital Markets’ Wealth Marketing Division will have an enterprise license for usage of OpenReel, Banzai’s leading digital video creation platform.

    “This agreement reinforces our strategy of expansion in the enterprise,” said Joe Davy, Founder and CEO of Banzai. “Having already been working with RBC Global Asset Management, this deal shows movement throughout the enterprise into the wealth marketing division, doubling our current engagement and validating our growth in the enterprise space. We are seeing solid traction in the financial sector, where the OpenReel Creator tool gives global financial firms the ability to offer standardized branded video with personalization at scale for their wealth managers, partners, and other stakeholders.”

    OpenReel empowers organizations to efficiently produce high-quality, branded video content at scale. Its platform enables users to remotely direct, record, edit, and collaborate on professional-grade video projects, significantly streamlining the production process and ensuring brand consistency. OpenReel serves a global enterprise client base, including industry leaders like Bristol Myers Squibb, Ingram Micro, DXC Technology, Insider Inc., and US Steel.

    About RBC Capital Markets

    The most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe recognize RBC Capital Markets as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance. We are well-established in the largest, most mature capital markets across North America, Europe, and the Asia Pacific region, which collectively encompasses 80% of the global investment banking fee pool.

    RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Founded in 1864, RBC is one of the largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks. Learn more at rbccm.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

    About Banzai

    Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Customers who use Banzai’s product suite include Autodesk, Dell Technologies, New York Life, Thermo Fisher Scientific, Thinkific, and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    BNZI@mzgroup.us
    www.mzgroup.us

    Media
    Nancy Norton
    Chief Legal Officer, Banzai
    media@banzai.io

    The MIL Network

  • MIL-OSI: Sagtec Global Secures US$30 Million Revenue Pipeline Through Exclusive UAE Partnership, Accelerating Global Expansion

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, May 06, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its international growth strategy through the signing of a Master Dealership Agreement with SMD Tech – FZCO (“SMD Tech”), a premier technology distributor based in Dubai, United Arab Emirates.

    Under the terms of the agreement, SMD Tech is appointed as Sagtec’s exclusive master dealer for its flagship Speed+ Cloud-Based Smart Ordering System (“Speed+”) across Dubai with a firm commitment to purchase a minimum of 10,000 software licenses over the next five years. This translates into an expected revenue pipeline of no less than US$30 million, substantially enhancing Sagtec’s long-term recurring revenue visibility and global market penetration.

    Speed+, Sagtec’s cloud-native ordering platform, is purpose-built to transform operations in the retail and food & beverage (F&B) sectors – delivering seamless order processing, real-time analytics, and automated customer engagement. The platform’s relevance is further underscored by regional digital momentum. According to PwC Middle East, the UAE’s digital economy is projected to contribute over US$140 billion to gross domestic product (GDP) by 2031, driven by government-led innovation and enterprise digitalization. Dubai, in particularly, has emerged as a key innovation hub, fueled by substantial investments in cloud infrastructure, artificial intelligence, and smart city technologies.

    Supporting this backdrop, Statista forecasts the UAE’s F&B market will surpass US$37 billion by 2030, propelled by rising consumer expectations for digital convenience and operational efficiency. In parallel, Grand View Research projects the Middle East’s cloud-based point of sale (POS) market will grow at a 19% compound annual growth rate (CAGR) through 2030, reaching approximately US$1 billion. These converging treads points to an urgent demand for integrated platforms like Speed+, which empower businesses to streamline ordering, enhance customer engagement, and scale operations efficiently, making this the ideal time for Sagtec’s market entry.

    “This agreement unlocks a predictable multi-year revenue stream and positions Sagtec as a key digital enabler in the Middle East’s F&B transformation. With Speed+ backed by SMD Tech’s local market expertise, we are not only capturing market share but laying the groundwork for long-term Software-as-a-Service (SaaS) dominance in the region,” said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    About SMD Tech – FZCO

    SMD Tech – FZCO is a technology-focused enterprise based in the United Arab Emirates, specializing in digital infrastructure, IoT solutions, and enterprise transformation. With a mission to empower businesses through innovative software and hardware integration, SMD Tech delivers cutting-edge solutions tailored to the region’s fast-evolving digital ecosystem. The company is committed to driving operational excellence and future-ready growth for its clients.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network

  • MIL-OSI: Atsign Supercharges File Sharing with Invisible SMB/CIFS Connections

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., May 06, 2025 (GLOBE NEWSWIRE) — Atsign, the leader in invisible zero trust connectivity solutions, today announced that its NoPorts technology now supports invisible SMB/CIFS connections. This breakthrough enables users to access file servers remotely with unparalleled security and ease, regardless of network configurations, including those with Carrier-Grade NAT (CGNAT). By eliminating open ports, NoPorts makes SMB/CIFS endpoints completely invisible to attackers scanning the internet for vulnerabilities, completely eliminating the attack surface.

    SMB/CIFS (Server Message Block/Common Internet File System) is a widely used protocol for sharing files across networks. However, traditional SMB/CIFS implementations require open ports, making them vulnerable to attack. NoPorts eliminates this vulnerability by creating secure, encrypted tunnels that do not require any open ports. This innovative approach ensures that SMB/CIFS communication is not exposed to the internet, enhancing security.

    Overcoming CGNAT Challenges

    NoPorts, built on Atsign’s atPlatform, uses an unique addressing system—one that works independently of IP addresses— which is particularly beneficial in environments where CGNAT is present, such as those using Starlink, cellular networks, and other services that rely on shared IP addresses. While CGNAT places multiple users behind a single public IP address, making direct inbound connections impossible, NoPorts address system enables zero trust connections as illustrated in a recent case study involving a rural estate management company in Scotland:

    • Challenge – The company’s transition to Starlink introduced CGNAT, breaking their existing DDNS-based remote access to a Windows 11 file server and Synology NAS devices.
    • Solution – By implementing NoPorts, the company established secure, encrypted connections for SMB/CIFS access, Synology Drive Client synchronization, and RDP access – all without requiring open ports.
    • Benefits
      • Restored reliable remote access to essential file server resources.
      • Enhanced security through NoPorts’ encrypted connections.
      • Improved connection resiliency, even during Starlink handoffs.

    Key Features and Benefits of NoPorts for SMB/CIFS:

    • Invisible Connections – No open ports are required, making SMB/CIFS connections invisible to potential attackers.
    • End-to-End Encryption – All data transmitted through NoPorts is securely encrypted.
    • CGNAT Compatibility – NoPorts bypasses the limitations of CGNAT, enabling remote access in challenging network environments.
    • IP Address Agnostic – NoPorts works independently of IP addresses, ensuring connectivity even with dynamic IPs.
    • Simplified Network Management – Eliminates the complexity and security risks associated with firewalls, NAT, and port forwarding.
    • Cryptographic Authentication – Ensures that only authorized devices can connect, adding an additional layer of security before any data is transmitted.

    Atsign’s Commitment to Invisible Connectivity

    This latest innovation builds upon Atsign’s ongoing commitment to providing zero trust connections across the Internet. Atsign’s NoPorts technology already supports invisible connections for a wide range of protocols and applications, including:

    “We are excited to extend the benefits of NoPorts to SMB/CIFS users,” said Barbara Tallent, CEO at Atsign. “By eliminating the need for open ports, we are providing a more secure and reliable way to share files remotely, regardless of network complexities.”

    About NoPorts

    NoPorts eliminates network & security vulnerabilities by securing connections between people, entities, and things making them invisible to would-be attackers by eliminating attack network surfaces. Built on Atsign’s atPlatform, NoPorts provides a zero trust architecture, end-to-end encryption, and no reliance on cumbersome security layers, enabling seamless and secure communication across virtually any environment. Organizations gain scalability, operational efficiency, and stronger security—all while reducing costs and complexity. For more information, visit NoPorts.com.

    About Atsign

    At Atsign, we believe that people, entities, and things—including AI—should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

    For More Information Contact

    Scott Hetherington
    Atsign
    Scott@Atsign.com
    844-827-0985

    The MIL Network

  • MIL-OSI: Form 8.3 – [Alpha Group International PLC (GB)]

    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: Danske Bank A/S
    (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.
     
    (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 (GB)
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    02 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: Equity
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 727 830,00 1,72    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    727 830,00 1,72    

    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
    Equity Purchase          727 830,00
           
           
    2.764.711538 GBP

    (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
             

    (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
                   

    (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)
           

    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: 06 May 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

    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.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network

  • MIL-OSI: Best Payday Cash Advance Loans Near Me – Online Direct Lenders Only

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 06, 2025 (GLOBE NEWSWIRE) — Need money now and looking for payday advance loans near me with fast approval? Then you should definitely apply for payday cash advance online from direct lenders only. These same day payday loans are short-term cash advances which cater to the urgent needs of people. The borrower can easily pay the amount back on time when he receives the next paycheck. The main feature about this paycheck advance loan is that the cash is availed in a very speedy manner. This is primarily because the direct lender does not require the borrower to do any sort of paperwork or documentation in the entire process.

    Today’s Best Payday Cash Advance Online From Direct Lenders

    There are many people who require quick funds in time of need. These people usually belong to the working class. Since they get their pay only once a month, they do not have any money left for urgent expenses. In such a case, these people can apply for paycheck advance near me.

    #1 Radiant Cash Loans – is a top choice for many borrowers looking for fast no denial payday loans online. This is because the company offers cash advances online with same day deposits. You just have to fill in the application form available on the website. Next the direct payday advance lenders from Radiant Cash, after checking the application properly, will send you an email confirmation. Then the money is transferred into your valid bank account.

    Click Here To APPLY For Payday Cash Advance Loan Near Me >>

    Payday Advance Loans With Guaranteed Approval Near Me

    Payday advance near me, often referred to as payday loans, are short-term loans designed to provide borrowers with quick access to cash. Typically, these loans are intended to cover urgent expenses until the borrower receives their next paycheck.

    Payday advances online are the best solutions to your financial difficulty. They are designed in such a way that you can avail quick cash as and when you are in need. These funds are taken into consideration basically to avoid bank drafts, pending bills or bouncing of cheques.

    For those in need of payday advance loans, several local options are available from Radiant Cash. Anyone can borrow an amount ranging from $80 – $1500 for a period ranging from 1- 30 days and the repayment date is usually the borrower’s payday.

    Cash Advance Online Without Credit Check Near Me

    Cash advance no credit check are short term loans that are offered to the needy persons without any credit verification. Lenders here are least interested in your credit history. If you are earning a good income, then you may easily get the loan approved.

    Key Features of Cash Advances

    • Quick Access to Funds: Cash advances near me are designed for immediate financial needs, providing quick access to cash.
    • Short-Term Solutions: These advance loans are usually intended to be repaid within a few weeks or months.
    • Minimal Requirements: Many direct lenders do not require a credit check, making it easier for individuals with poor or no credit history to qualify.

    One of the main advantages of payday advance loans online is that the amount can be used for financing your various requirements. These requirements include payment of different pending bills like grocery bills, library bills, store utility bills, consolidation of debts, for getting your car repaired, for maintenance of your house and many more.

    The Appeal of No Credit Check

    For many borrowers, the absence of a credit check is a significant advantage. Traditional lenders often rely heavily on credit scores to determine eligibility, which can be a barrier for those with less-than-perfect credit histories. Cash advances without credit checks offer an alternative for:

    • Individuals with Bad Credit: Those who have struggled with credit issues can still access funds.
    • First-Time Borrowers: People new to borrowing may not have an established credit history, making it difficult to secure loans elsewhere.

    With various Radiant Cash payday advance lenders, offering flexible terms and quick access to funds, borrowers can find solutions tailored to their needs.

    Payday Loan Online Lenders Near Me

    For those looking for payday loans near me there are online lenders available at your service so you just need to check the suitable lender. This is easy now as you can do your search even at your home or office.

    Payday advance loans or check advance near me are intended as short term credit loans. If used as intended, they can be the best way to fix a temporary financial hardship. However they can also be easily abused. For one thing, it is important to pay them off promptly. Rolling them over several times can turn a good tool into a bad one quickly. Also, when considering a payday advance loan, it is of utmost importance that the borrower deals with an ethical and trusted online lender near him.

    Radiant Cash Loans provides access to such direct payday advance lenders online with fast approval and same day deposits. There is no need to visit loan places near me. Application can be submitted online from the comfort of your home and be approved without any hassle.

    Benefits Of Cash Advance Online With Same Day Deposits

    One of the major benefits of cash advance online is that anyone can avail instant financial assistance with instant payday loans without any faxing and paperwork hassle. When you require quick cash, make an online research and discover an affordable deal of this financial help. Comparing various loan quotes from different payday advance lenders with Radiant Cash will let you discover deals with sound rates. Once you get the endorsement, you can locate the loan money directly in your checking bank account within hours.

    Various benefits associated with payday advances, highlighting their convenience and accessibility also include:

    No Collateral Required

    • Another significant benefit of cash payday advances is that they generally do not require collateral. This means that borrowers do not need to risk their assets, such as a home or car, to secure the loan. This feature makes cash advances an attractive option for individuals who may not have valuable assets to pledge.

    Flexible Use of Funds

    • Cash advances provide borrowers with the flexibility to use the funds for various purposes. Whether it is for unexpected medical expenses, car repairs, or other urgent financial needs, cash advances can help individuals manage their cash flow effectively.

    Convenience of Online Applications

    • The rise of technology has made it easier than ever to apply for cash advances online. Borrowers can complete the application process from the comfort of their homes, eliminating the need for in-person visits to loan companies near me. This convenience is especially beneficial for those with busy schedules or mobility issues.

    All these features make cash advances online an appealing option for individuals facing unexpected financial challenges. But, as with any financial product, it is essential for borrowers to consider their options carefully and ensure that they understand the terms and conditions associated with quick payday loans online.

    Click Here To APPLY For Payday Cash Advance Same Day Deposit>>

    Requirements For Payday Loans Online Near Me

    There are various conditions that you have to fulfill if you want such an advance loan to be approved. You have to be at least 18 years old. You must also have a permanent nationality of US. You must also have a valid bank account in any bank in the US and must be on some job earning not less than 1000 dollars each month.
    These are the basic requirements for every potential borrower looking for online loans near me.

    The amount of online payday loans is generally not fixed. It may vary as per the loan policies and the needs of the borrower. But in most cases, it varies from $100 to $1500. In certain cases, this amount may be increased as per the credibility and the need of the borrower.

    Additional Considerations

    While the above criteria are generally applicable, there are additional factors that potential borrowers should consider:

    • Credit History: Although payday lenders often do not conduct extensive credit checks, having a poor credit history may affect the terms of the loan or the approval process.
    • Loan Amount and Fees: The amount that you can borrow varies by lender and is typically based on the applicant’s income. Additionally, borrowers should be aware of the fees associated with payday loans, which can be significant.
    • Repayment Terms: Payday loans are short-term loans, usually requiring repayment within two to four weeks. Borrowers should ensure they can meet these repayment terms to avoid additional fees or penalties.

    Click Here To APPLY For Payday Loans Near Me >>

    How To Apply For Payday Advance Near Me

    To apply for such an advance all you need to do is fill up a single form with your personal details online. The application form is submitted to the lender. He then verifies the details and sends it for approval. The cash is directly transferred into the borrower’s checking account within 24 hours.

    Applying for a payday loan can be straightforward if one follows the necessary steps. Here’s a general outline of the process:

    1. Research Local Lenders

    Before applying, it is advisable to research payday loan providers in your area.

    Radiant Cash provides cash advances near me and online loans, with locations available for in-person applications.

    2. Gather Required Documentation

    To apply for a payday loan, borrowers typically need to provide certain documents. Common requirements include:

    • Government-Issued ID: To verify identity.
    • Proof of Income: Such as pay stubs or bank statements.
    • Checking Account Information: For direct deposit of funds and automatic repayment.
    • Social Security Number or ITIN: For identification purposes.

    3. Choose the Application Method

    Borrowers can apply for payday advance loans either online or in person. Each method has its advantages:

    • Online Application: Convenient and can be completed from home. Many lenders offer quick approval times.
    • In-Person Application: Allows for direct interaction with the lender, which can be helpful for first-time borrowers.

    4. Complete the Application

    When filling out the application, it is crucial to provide accurate information. This includes personal details, income information, and the amount of money needed.

    5. Review Loan Terms

    Once approved, borrowers should carefully review the loan terms, including:

    • Interest Rates: Understand how much interest will be charged.
    • Repayment Schedule: Know when payments are due and the total amount to be repaid.
    • Fees: Be aware of any additional fees associated with the loan.

    6. Receive Funds

    After accepting the loan terms, funds are typically deposited quickly. Borrowers can expect to receive the money either through direct deposit into their bank account or in cash if applying in person.

    Click Here To APPLY For Best Cash Advance Online Near Me >>

    Frequently Asked Questions

    1. What are payday advance loans near me?

    Payday advance loans are short-term loans designed to provide quick cash before your next paycheck. They typically have high interest rates and must be repaid within 14 to 30 days.

    2. How do payday cash advance work?

    Borrowers receive funds quickly and must repay the loan in full, usually by their next payday. The lender may require a postdated check or authorization for direct withdrawal from the borrower’s account.

    3. Where can I find payday advance loans near me?

    You can find payday lenders:

    • Online, where applications are processed digitally.
    • Local storefronts, often in financial service centers.
    • Credit unions, some offer payday alternative loans (PALs) with better terms.

    4. What are the interest rates for payday loans?

    Payday loans have very high interest rates, often upwards of 300-600% APR. Borrowers should compare options and understand the total repayment amount before accepting a loan.

    5. Can I get a payday loan with bad credit?

    Yes, most payday lenders do not require a credit check. Approval is based on income and ability to repay, making them accessible to borrowers with poor credit scores.

    6. Are payday loans legal in my state?

    Laws vary by state. Some ban payday advance loans, while others regulate fees and loan amounts. Check state regulations before borrowing.

    7. Can payday loans help build credit?

    Most online payday advance lenders near me do not report payments to credit bureaus, so they typically do not improve credit scores.

    ___________________________________________________________________________

    Radiant Cash

    Laura Brown
    laura@radiantcashs.com
    https://www.radiantcashs.com
    9620 Las Vegas Blvd S #Ste 569 | Las Vegas, NV 89123

    Disclaimer: This announcement contains general information about Radiant Cash services and should not be considered financial advice. Radiant Cash services does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4015df62-18d2-47f7-9081-1d140ef6529d

    The MIL Network

  • MIL-OSI: Coralogix Launches Advanced Continuous Profiling to Accelerate Issue Resolution Without Slowing Production

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 06, 2025 (GLOBE NEWSWIRE) — Coralogix, the first cross-stack observability platform provider, today announced Continuous Profiling, an advanced capability that delivers unparalleled real-time visibility into application performance without any code changes or production impact. It seamlessly integrates with Coralogix logs, metrics and traces to help engineering teams pinpoint and resolve bottlenecks in minutes.

    Continuous profiling allows developers to connect overall CPU utilization with the underlying application, OS, and kernel processes that are impacting overall performance. By continuously collecting and storing profiling data, developer teams can visualize trends in processes, connect spikes or anomalies with code changes, and highlight troublesome PIDs before they escalate. However, traditional profiling solutions can significantly impact production performance by creating additional workload for the application, consuming extra CPU and memory, and persistently collecting large volumes of data.

    Coralogix’s Continuous Profiling eliminates this problem by leveraging vendor-neutral eBPF (extended Berkeley Packet Filter) probes together with the OpenTelemetry standard to deliver kernel-level, always-on performance telemetry with less than 1% overhead. These lightweight in-kernel probes capture high-frequency stack traces, CPU cycles, memory allocations, I/O wait times and thread states, all ingested by Coralogix’s OpenTelemetry-compatible collector. The platform then renders detailed system information—ranging from latency and process IDs (PIDs) to memory allocation and more—within a powerful user interface. This UI enables customers to explore their data visually through flame graphs or investigate the precise impact of every individual process via an interactive table. Within the table, users can traverse each row to understand the role a specific PID has played in contributing to overall process latency, CPU utilization, and additional system metrics.

    Later this year, the company will broaden support to include off-CPU profiling (blocked and scheduling delays), GPU utilization metrics, detailed memory-allocation insights and fine-grained I/O profiling—offering end-to-end visibility across every performance dimension.

    “Traditional profiling solutions may provide useful insights, but their invasive and resource-intensive nature often degrades performance,” said Ariel Assaraf, CEO of Coralogix. “With Coralogix Continuous Profiling, we’re giving teams an unprecedented lens into production code paths — automatically and without compromise. By pairing eBPF’s efficiency with Coralogix’s cross-stack observability, we are enabling organizations to accelerate root-cause analysis, optimize resources, and cut costs, all in one unified platform.”

    Benefits of the new feature include:

    • Rapid Deployment: Get up and running in minutes without having to modify application code.
    • Performance Optimization: Identify slow function calls within production applications, enabling immediate code optimizations.
    • Cost Efficiency: Quickly detect and mitigate resource-intensive processes, directly lowering infrastructure costs.
    • Enhanced Troubleshooting: Correlate stack traces with logs and metrics, dramatically reducing incident resolution times.

    About Coralogix
    Coralogix is a modern, cross-stack observability platform that enables businesses to monitor and manage data in real time, providing instant insights without the need for complex storage solutions. The platform supports application performance monitoring (APM), security information and event management (SIEM), real user monitoring (RUM), and infrastructure monitoring, offering complete visibility into AI performance, security, and governance in a single solution. Coralogix offers a simple pricing model based on data volume, along with world-class support that ensures rapid response times and swift resolutions. Following the acquisition of Aporia in December 2024, Coralogix expanded into AI observability, giving businesses the ability to monitor and govern generative AI models with full transparency. To learn more about how Coralogix can help your business, visit www.coralogix.com.

    PR Contact
    Mark Prindle
    Fusion PR
    mark.prindle@fusionpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8eabb591-14dd-4713-8e31-fce55748e649

    The MIL Network

  • MIL-OSI: RTI at AUVSI XPONENTIAL 2025: Accelerating the Future of Autonomy from Concept to Deployment

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., May 06, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, will exhibit at AUVSI XPONENTIAL 2025, held May 19-22 at the George R. Brown Convention Center in Houston, TX. At Booth #1628, RTI will demonstrate how RTI Connext® accelerates the development and deployment of next-generation autonomous systems across defense and commercial domains.

    As the demand for smarter, more capable autonomy grows across both defense and commercial sectors, Connext delivers the secure, real-time connectivity required to power AI-driven autonomy, multi-vehicle coordination, and unmanned operations in complex, high-stakes environments. Built on the Data Distribution Service (DDS™) standard, Connext helps teams move efficiently from concept to deployment—accelerating prototyping, simplifying integration, and evolving systems to meet dynamic mission or market needs.

    RTI experts will be available to discuss how a data-centric approach enables scalable, flexible architectures for the future of mission-ready autonomous systems.

    To learn more or schedule a meeting with the RTI team, click here.

    Event Details
    What: RTI at AUVSI XPONENTIAL 2025, Booth #1628
    When: May 19-22, 2025
    Where: George R. Brown Convention Center, Houston, TX

    About RTI

    RTI is the software framework company for physical AI systems, with a mission to run a smarter world. RTI Connext® provides the data architecture for over 2,000 designs in Aerospace and Defense, Medtech, Automotive, and Robotics – running in more than $1T of total deployed systems worldwide. Only RTI combines decades of technical expertise with industry-leading software and tools to develop smarter systems, faster. Learn more at www.rti.com.

    The MIL Network

  • MIL-OSI: Lingokids puts Parent Guilt on Trial in First of its Kind Campaign

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 06, 2025 (GLOBE NEWSWIRE) — Today, Lingokids, the #1 interactive app for kids aged 2-8, puts the parenting screen time debate on trial with the launch of its largest U.S. campaign, The Trial by Lingokids. The campaign film highlights the invisible weight of parental guilt that over 74% of American parents feel when it comes to their child’s screen time and encourages open dialogue on the topic, which affects most parents, but is not frequently discussed (less than 10%).

    To create the film, Lingokids partnered with Piel Studios, Emmy-winning Film Director Diego Hurtado de Mendoza and Latin Grammy-winning Composer Fernando Velazquez to conduct a striking social experiment, enlisting 11 real parents to unknowingly put their parental guilt, particularly related to their child’s screen time use, on trial. During the trial, the parents expressed their unscripted feelings and doubts about their parenting styles and approach to screen time. The result is an emotional and impactful look at parental guilt around screen time use, providing a powerful message for parents.

    “Today’s parents, compared to past generations, often prioritize emotional engagement, open communication, and understanding their children’s perspectives, while facing increased pressure and societal expectations,” said board-certified pediatrician Dr. Mona. “This stress can lead to an immense amount of parental guilt and more intensive parenting styles. The resolution in The Trial by Lingokids underscores that parents are more than enough for their children just as they are, and it’s okay to take a break using technology, as long as it is safe, educational and used in moderation.”

    In April, Lingokids invited parents to open a conversation around screen time parent guilt by rolling out thought-provoking out-of-home content in New York City, prompting parents to vote “guilty or not-guilty” about their feelings when it comes to screen time use for their kids. The brand also commissioned two surveys that revealed:

    • Approximately 87% of American parents permit their children to use screens, however, less than 10% of American parents frequently engage in discussions about screen time with other parents or caregivers
    • Nearly half of parents (46%) feel pressured to constantly entertain their child
    • 77% of American parents feel judged by others at least some of the time for allowing their children to use screens
    • One in four American parents report that judgment related to their child’s screen usage has a detrimental impact on their mental well-being
    • 1 in 2 American parents believe that screen time can definitely or probably benefit their child’s development if managed correctly
    • Nearly 40% of parents endorse moderation as the cornerstone of managing screen time effectively

    “This data reinforces that technology isn’t the enemy—and not all screen time is created equal,” said Lingokids CMO Mikael Journo. “The real challenge is that parents often feel caught between two extremes: content their kids enjoy but they feel guilty about, and content they approve of but kids won’t engage with on their own. At Lingokids, we want to help parents move beyond that guilt. Guilt-free screen time is possible when it’s intentional—when parents choose content that’s both developmentally beneficial and genuinely engaging for children. It’s not about eliminating screen time, but about turning it into a meaningful, enriching part of a child’s day.”

    Designed to fill a notable gap in the children’s app market, Lingokids has created an entertaining resource that captivates children through interactive play and self-exploration. Historically, it has been a challenge for parents to find solutions for child screen time that are both educational and entertaining, yet safe. The Lingokids app meets this need with high-quality content and vibrant characters, ensuring that parents can offer their children guilt-free screen time. The Lingokids app is a safe, ad-free platform that offers thousands of educational activities in a 100% secure environment parents can trust. This liberates parents from the dilemma of choosing between their child responsibly using technology and maintaining their mental well-being. Lingokids understands when parents take the time to care for themselves, they are better equipped to care for their families.

    For more information on Lingokids, visit https://lingokids.com/.

    Methodology

    Lingokids conducted paid surveys in February and March 2025 utilizing Pollfish, a leading survey platform, to collect insights from 1,000 parents of children aged 2-8 in the United States.

    About Lingokids

    Lingokids is an EdTech and media company behind the #1 interactive app for kids aged 2-8.

    With more than 165M+ downloads around the world, the Lingokids app is packed with thousands of shows, songs and interactive games kids love—all fun, safe and educational.

    Its unique Playlearning™ methodology puts kids at the center of the Lingokids universe. As they explore, they’ll pick up academic knowledge and modern life skills in a safe, age-appropriate, ad-free environment designed for independent exploration. For more information, please visit www.lingokids.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/41f9ad3c-5ca0-46f2-b88c-c61cded3ebcc

    The MIL Network

  • MIL-OSI: Apollo Funds to Acquire Hav Energy from HitecVision

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and STAVANGER, Norway, May 06, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and HitecVision, a leading investor in the European energy industry, today announced that Apollo-managed funds (the “Apollo Funds”) have agreed to acquire maritime liquefied natural gas carrier (“LNGC”) infrastructure platform Hav Energy LNG Holding AS (“Hav Energy”) from HitecVision. Financial terms were not disclosed.

    Established by HitecVision in 2022, Hav Energy invests in LNGC infrastructure projects in partnership with Knutsen LNG, a large owner-operator of LNGCs globally, and jointly owns a portfolio of 10 newbuild LNGCs which are 100% contracted on long-term charters with investment grade counterparties. The portfolio includes two modern operating vessels and eight under construction at the Hyundai Heavy Industries shipyard in Korea due to be delivered in 2025 and 2026.

    Global LNG imports are forecast to reach over 600 million metric tons annually by 2040, driven by growth in Asia and Europe as well as efforts to cut emissions in heavy industries and transportation, and expectations for robust new liquification capacity coupled with limited newbuild LNG vessel supply also provide strong tailwinds supporting Hav Energy’s future growth trajectory.

    Apollo Partner Joseph Romeo said, “Hav Energy has quickly scaled into a top platform facilitating the global transport of LNG, which we view as a bridge fuel capable of reducing emissions for rapidly growing power demand. We are excited to work with the Hav Energy team and their aligned, well-regarded partners in Knutsen to accelerate growth of the platform, which we believe can serve as a vital infrastructure link supporting enhanced energy resiliency for customers around the world.”

    Hav Energy CEO Randi Vestbø said, “This transaction represents a critical juncture for Hav Energy as we continue to build a next-generation fleet of LNG infrastructure carriers and pursue attractive growth opportunities to expand our capabilities alongside our new partners at Apollo. We are grateful for the guidance, backing and strategic support from HitecVision, which has been instrumental in our development and positions us for our next phase of growth as industry tailwinds continue to drive long-term LNG demand globally.”

    HitecVision Senior Partner Jan H. Solstad said, “We are proud that we in partnership with Knutsen LNG and the Hav management team have been able to develop Hav LNG into a differentiated, highly scalable platform, leveraging HitecVision’s significant expertise in building companies within the energy space. With a leading management team, strong institutional partners and clear strategy, we believe Hav Energy is well positioned for future success.”

    Thommessen, Stephenson Harwood LLP and Vinson & Elkins LLP served as legal counsel to the Apollo Funds. HitecVision has been advised by DNB Markets and law firm BAHR.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    About Hav Energy

    Hav Energy is a Norway-based energy infrastructure company established by HitecVision in 2022. The current asset portfolio has 10 state-of-the-art newbuild LNG vessels co-owned and operated by Knutsen LNG. 

    About HitecVision

    HitecVision is a Norwegian private equity firm and a leading provider of institutional capital to Europe’s energy industry. For almost four decades, we have been investing in the energy sector, starting out in the oil and gas industry before turning to the current focus on decarbonisation and energy transition. We have about EUR 9 billion in assets under management, and is headquartered in Stavanger, with offices and investment professionals in Oslo, London and Milan. Our 65-person team focuses on developing profitable and sustainable companies, working closely with our management teams and boards.

    Contacts

    For Apollo:

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    212-822-0540
    IR@apollo.com.

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    212-822-0491
    Communications@apollo.com.

    For HitecVision:

    Birgitte Kolstad
    Director Investor Relations
    Birgitte.Kolstad@hitecvision.com

    The MIL Network

  • MIL-OSI: Live Oak Bank Announces $600,000 Grant in Support of Child Care Providers in New Hanover County

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, N.C., May 06, 2025 (GLOBE NEWSWIRE) — Live Oak Bank has announced a $600,000 grant to help licensed early child care providers connect with qualified substitute teachers to ensure both continuity of care and strong student-teacher ratios in the classroom. 

    “At Live Oak Bank, we believe in the power of strengthening our local community, and that starts with access to quality early education,” said BJ Losch, president of Live Oak Bank. “We are proud to partner with Wonderschool to offer New Hanover County preschool providers access to a platform that directly supports the stability of local childcare, a cornerstone for working families.”  

    This grant, paid out over two years, gives public and private early child care providers in New Hanover County free access to Wonderschool’s innovative technology that allows them to review and match with pre-qualified substitute teachers, an otherwise time-consuming process that includes recruitment, critical background screening and training.  

    “Sometimes life gets in the way for early educators, and that can have a big impact on working parents, families and children. We’re building technology to try and make their lives just a little bit easier,” said Chris Bennett, founder and CEO of Wonderschool. “We’re teaming up with Live Oak to build a qualified and caring pool of substitutes who are ready to ensure not just continuous, but quality preschool experiences day in and day out.” 

    Live Oak’s philanthropic efforts prioritize workforce development, specifically helping people secure jobs with family-supporting wages, benefits and career advancement opportunities. “To achieve this vision,” said Kate Groat, Live Oak’s director of corporate philanthropy, “working parents must have access to reliable, high-quality childcare from educators they can trust.” 

    About Live Oak Bank 
    Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (NYSE: LOB), is a digitally focused, FDIC-insured bank serving customers across the country. Live Oak brings efficiency and excellence to the banking process, without branches, by using a focused approach to technology and innovation. To learn more, visit www.liveoak.bank.  

    About Wonderschool 
    Wonderschool’s comprehensive technology and business support platform is designed to address every aspect of the child care and early learning ecosystem. Wonderschool’s vision is to ensure that quality early care and education are conveniently accessible to every child within a 5-minute radius of their home. As leaders in collaborating with governments and employers, Wonderschool spearheads initiatives to scale and enhance child care access for every community across the country. Named one of Time’s Most Influential Companies in 2022, Wonderschool is venture-backed by Goldman Sachs, Andreessen Horowitz, First Round, Omidyar, Unusual Ventures, and Gary Community Investments, among others. Learn more at www.wonderschool.com

    Contacts: 

    Claire Parker
    Live Oak Bank, Corporate Communications
    910.597.1592 
    claire.parker@liveoak.bank 

    Madison Carlos
    Live Oak Bank, Corporate Communications
    910.386.6616 
    madison.carlos@liveoak.bank 

    The MIL Network

  • MIL-OSI: Scality expands distribution with Ingram Micro in ANZ and the South Pacific region

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 06, 2025 (GLOBE NEWSWIRE) — Scality, a global leader in cyber-resilient storage software for the AI era, announced today the expansion of its distribution network with Ingram Micro in Australia, New Zealand, and the South Pacific region. The growth builds on Scality’s North American relationship with Ingram Micro, giving more organizations in ANZ and the South Pacific region access to Scality’s industry-leading ARTESCA and RING object storage software through the region’s largest IT distributor.

    The collaboration equips local businesses and enterprise organizations with sovereign, scalable, and cyber-resilient storage to defend against modern ransomware threats while supporting the increasing demands of AI-powered workloads. Ingram Micro’s established network of partners ensures seamless delivery and expert support for Scality’s solutions to enterprise and government customers across the region.

    “The growing threat of ransomware and the acceleration of AI have made secure, high-performance storage a top priority for enterprises in our region,” said Brett Lobwein, country manager for Australia, New Zealand, and the South Pacific at Scality. “Expanding our reach with Ingram Micro allows us to meet demand through trusted local channels that provide the expertise and support needed for organizations to protect their data and modernize their IT infrastructure.”

    The expanded relationship is a natural progression following a year of record-breaking channel momentum for Scality. As highlighted in Scality’s recent partner momentum announcement, 60% of sales are now driven by the VAR community.

    Meeting sovereign data requirements with cyber-resilient storage
    With governments enforcing more regulations for local, sovereign data protection and cybersecurity readiness, Scality’s solutions help organizations meet stringent compliance requirements. ARTESCA and RING provide immutable, scalable, and cost-effective storage that ensures data remains secure and accessible—even in the face of ransomware attacks.

    “Scality strengthens our ability to deliver solutions that address the growing need for sovereign, cyber-resilient data protection,” said Stuart Murray, vendor business manager at Ingram Micro. “With Scality, we help customers to safeguard critical data while innovating for the next generation of AI infrastructure.”

    About Scality
    Scality solves organizations’ biggest data storage challenges — growth, security, performance, and cost. Designed for end-to-end cyber resilience, only Scality S3 object storage with CORE5 safeguards data at every level of the system, from API to architecture. Its patented MultiScale Architecture enables limitless, independent scalability in all critical dimensions to meet the unpredictable demands of modern workloads. The world’s most discerning companies depend on Scality to accelerate high-performance AI initiatives, optimize cloud deployments, and defend their data with confidence. Recognized as a leader by Gartner, Scality software is reliable, secure, and sustainable. Follow us on LinkedIn. Visit www.scality.com and our blog.

    Media Contact:
    Jon Lavietes
    A3 Communications
    +1 415-572-4408
    jon.lavietes@a3communications.com

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3aef05d1-c540-40ef-8955-953123d4362c

    The MIL Network

  • MIL-OSI: 180 Degree Capital Corp. Notes Filing of Updated Preliminary Joint Proxy Statement/Prospectus for Proposed Business Combination with Mount Logan Capital Inc.

    Source: GlobeNewswire (MIL-OSI)

    MONTCLAIR, N.J., May 06, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) today noted the filing of an amended preliminary joint proxy statement/prospectus on Schedule 14A with the Securities and Exchange Commission (“SEC”) regarding its proposed merger with Mount Logan Capital Inc. (“Mount Logan”) in an all-stock transaction (the “Business Combination”). As noted in its original press release issued on January 17, 2025, the surviving entity is expected to be a Delaware corporation operating as Mount Logan Capital Inc. (“New Mount Logan”) listed on Nasdaq under the symbol “MLCI”. In connection with the Business Combination, 180 Degree Capital shareholders will receive proportionate ownership of New Mount Logan determined by reference to 180 Degree Capital’s net asset value at closing relative to a valuation of Mount Logan of approximately $67.4 million at signing, subject to certain pre-closing adjustments.

    “Our amended joint proxy statement/prospectus regarding our proposed Business Combination with Mount Logan includes Mount Logan’s financial statements which were prepared in accordance with accounting principles generally accepted in the US, or US GAAP,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “The conversion of Mount Logan’s financial statements from International Financial Reporting Standards, or IFRS, to US GAAP is an important milestone as now we are in a position to be able to speak freely with current and potential investors regarding historical financial performance and apples-to-apples comparisons of Mount Logan to its publicly traded peers. This conversion to US GAAP also resulted in favorable improvements in historical financial metrics, including an increase in Mount Logan’s reported fee-related earnings in 2024 under IFRS to approximately $9.1 million under US GAAP, and an increase in the reported shareholder equity value of Mount Logan as of December 31, 2024, under IFRS to approximately $104.1 million under US GAAP.”

    “We believe that the availability of Mount Logan’s US GAAP financial statements will add to the strong indications of support we have received from initial conversations with our shareholders following the filing of our initial joint proxy statement/prospectus in late March 2025,” added Daniel B. Wolfe, President of 180 Degree Capital. “We believe our investors who have signed voting agreements and/or provided indications of support already understood the potential that we believe exists to create significant value for shareholders of 180 Degree Capital through this Business Combination even before Mount Logan’s US GAAP financial statements were available. We appreciate all of this support and patience as we move steadily through the SEC review process, toward the start of soliciting votes, and the ultimate goal of the completion of our proposed Business Combination.”

    Mr. Rendino continued, “Our belief about the potential of our proposed Business Combination to create significant shareholder value for 180 Degree Capital shareholders has only grown stronger since our initial announcement in January 2025. This belief is amplified by numerous significant shareholders who have voiced their support for our proposed Business Combination to us, as well as new shareholders who were drawn to invest in 180 Degree Capital based on what we believe to be a shared view that our proposed Business Combination is a unique opportunity for future value creation. We continue to believe that converting to an operating company will make 180 Degree Capital’s net asset value a floor for our stock price rather than the ceiling as it is for most closed-end funds. The pro forma combination of our businesses, based on 180 Degree Capital’s net asset value and Mount Logan’s equity value, respectively as of December 31, 2024, less estimated merger-related expenses and other estimated adjustments, yields a combined entity with an estimated shareholder equity value of nearly $140 million. While the ultimate ratio of ownership between 180 Degree Capital and Mount Logan shareholders will be based on 180 Degree Capital’s net asset value at closing, if the transaction closed on December 31, 2024, the portion of this equity value ascribed to 180 Degree Capital shareholders would equate to more than 180 Degree Capital’s net asset value as of that date. This fact is only one of the multitude of reasons we are so excited about this proposed transaction and its potential opportunity to create meaningful value for 180 Degree Capital’s shareholders.”

    Mr. Wolfe concluded, “We look forward to discussing these updates to our preliminary joint proxy statement/prospectus and to having robust conversations with all of our current and potential future shareholders. Feel free to reach out to us at any time.”

    About 180 Degree Capital Corp.

    180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.

    Press Contact:
    Daniel B. Wolfe
    Robert E. Bigelow
    180 Degree Capital Corp.
    973-746-4500
    ir@180degreecapital.com

    Additional Information and Where to Find It

    In connection with the agreement and plan of merger among 180 Degree Capital Corp. (“180 Degree Capital”), Mount Logan Capital Inc. (“Mount Logan”), Yukon New Parent, Inc. (“New Mount Logan”), Polar Merger Sub, Inc., and Moose Merger Sub, LLC, dated January 16, 2025, as it may from time to time be amended, modified or supplemented (the “Merger Agreement”) that details the proposed combination of the businesses of 180 Degree Capital and Mount Logan and any other transactions contemplated by and pursuant to the terms of the Merger Agreement (the “Business Combination”), 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, New Mount Logan plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.

    Certain Information Concerning the Participants

    180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 13, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination will be contained in the Proxy Statement when such document becomes available.

    Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 13, 2025, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://www.sedarplus.com. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.com/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.

    Non-Solicitation

    This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common shares or 180 Degree Capital’s common shares; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.

    Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.

    The MIL Network

  • MIL-OSI: Rise8 Names Mike Gehard as Director of Research and Development, Advancing AI-Driven Agile Software Delivery

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., May 06, 2025 (GLOBE NEWSWIRE) — Rise8 announces the addition of Mike Gehard as its new Director of Research and Development, reinforcing the company’s commitment to innovation at the intersection of agile software development and artificial intelligence (AI). Gehard will lead Rise8’s efforts to responsibly and effectively integrate AI across all services, products, and processes to enhance delivery speed, ensure quality, and drive mission impact for Veterans, Defense organizations, and the broader public sector.

    Gehard brings over 20 years of deep technical and leadership experience from startup and enterprise environments, including roles at Pivotal Labs, VMware, and Artium AI. Throughout his career, he has championed modern development practices and helped organizations implement agile principles at scale — expertise that will be crucial as Rise8 helps government agencies navigate the complex and rapidly evolving landscape of AI adoption.

    In his new role, Gehard will focus on:

    • Building AI-assisted balanced teams where each team member — engineers, designers, and product owners — is empowered with AI tools to increase efficacy and improve efficiency without compromising human creativity and judgment.
    • Establishing intentional AI use practices, ensuring that new tools are applied thoughtfully, critically, and in service of real results rather than hype.
    • Implementing guardrails to protect quality and security, particularly critical in the Federal environment.
    • Helping clients shape their own AI governance and processes, including forming Communities of Practice to navigate the cultural and operational shifts AI adoption requires.
    • Promoting a culture of optimism and critical thinking, ensuring teams remain grounded while embracing new possibilities.

    “Mike’s arrival at Rise8 marks a pivotal moment, not just for our company, but for the broader government software development community,” said Bryon Kroger, Founder and CEO of Rise8. “His leadership will enable us to partner even more effectively with agencies to build the next generation of software factories that are AI-augmented, mission-driven, and relentlessly focused on delivering value to the warfighter, Veterans, and the American public.”

    “By thoughtfully integrating AI across balanced teams, we can shrink the time between understanding a user’s needs and delivering working software,” said Gehard. “It’s not just about building faster; it’s about building smarter and never losing sight of why we build in the first place: mission impact.”

    To learn more about Rise8’s offerings and services, please visit www.rise8.us.

    About Rise8
    Rise8 develops custom software for critical missions to create a future where fewer bad things happen because of bad software. Rise8 is a Service-Disabled Veteran-Owned Small Business (SDVOSB) with headquarters in Tampa, FL, and a fully remote workforce. Learn more at https://www.rise8.us/ and on LinkedIn, and X.

    Media Contact:
    Casey Dell’Isola
    REQ for Rise8
    rise8@req.co

    The MIL Network

  • MIL-OSI: Duos Technologies Group Sets First Quarter 2025 Earnings Call for Thursday, May 15, 2025 at 4:30 PM ET

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., May 06, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) will hold a conference call on Thursday, May 15, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. Financial results will be issued via press release prior to the call.

    Duos management will host the conference call, followed by a question-and-answer period.

      Date:   Thursday, May 15, 2025
      Time:   4:30 p.m. Eastern time (1:30 p.m. Pacific time)
      U.S. dial-in:   877-407-3088
      International dial-in:   201-389-0927
      Confirmation:   13753649
           

    Please call the conference telephone number 5-10 minutes prior to the start time of the conference call. An operator will register your name and organization.

    If you have any difficulty connecting with the conference call, please contact DUOT@duostech.com.

    The conference call will be broadcast live via telephone and available for online replay via the investor section of the Company’s website here.

    About Duos Technologies Group, Inc.
    Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com , www.duosedge.ai and www.duosenergycorp.com.

    Forward- Looking Statements
    This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/99e27e1c-76bd-4efe-abb0-6ae0bff35e41

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

    The MIL Network

  • MIL-OSI: QphoX, Rigetti and the NQCC Announce Collaboration on Multi-Channel Optical Readout of Quantum Processors

    Source: GlobeNewswire (MIL-OSI)

    DELFT, Netherlands, BERKELEY, Calif. and OXFORDSHIRE, United Kingdom, May 06, 2025 (GLOBE NEWSWIRE) — QphoX B.V., a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc. (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, and the National Quantum Computing Centre (NQCC), the UK’s national lab for quantum computing, today announced that they have been awarded a multinational grant to perform readout of superconducting qubits using light transmitted over optical fiber.

    In a recent demonstration, QphoX and Rigetti validated the potential of this technique by optically reading out the state of a single superconducting qubit1. Optical readout is made possible by microwave-to-optical transduction at the base temperature of the cryostat. This transduction process converts the information contained in the microwave readout pulse into an optical signal carried over optical fiber. This approach could eventually replace conventional microwave amplifiers and coaxial wiring as part of the qubit signal processing chain and thereby offer considerable scaling advantages due to the comparatively low dissipation of the transducer and the negligible passive heat loads from telecommunications optical fiber.

    QphoX, Rigetti and the NQCC are partnering to take the next step in this research to realize optical readout of a fully-fledged superconducting quantum computer. In this multinational collaboration, QphoX will scale its optical qubit readout system that will interface with Rigetti’s 9-qubit Novera QPU, enabling optical readout of all qubits in the processor. The combined system will be installed and operated at the NQCC.

    “Using light to readout the state of a superconducting qubit will remove a significant amount of heat load on cryogenic systems and therefore allow to overcome one of the critical bottlenecks in building a universal quantum computer. We are excited to take our developments to the next level and work with our partners in demonstrating this critical technology at scale,” says Simon Groeblacher, CEO of QphoX.

    “This innovative solution to a well-known scaling challenge is made possible by an open and modular system architecture,” says Dr. Subodh Kulkarni, Rigetti CEO. “Integrating our partners’ technology with our QPU enables us to benefit from even more expertise to accelerate our work towards fault tolerance.”

    “Demonstrating optical qubit readout at the system level represents an important step in our mission to advance scalable quantum computing, and we are delighted to host this collaborative work at the NQCC with such innovative project partners,” commented Dr. Michael Cuthbert, Director of NQCC.

    The 33-month program is funded by the Rijksdienst voor Ondernemend Nederland (RVO) and Innovate UK via the Eureka network, an intergovernmental organization for research and development funding and coordination.

    1van Thiel, T.C., Weaver, M.J., Berto, F. et al. Optical readout of a superconducting qubit using a piezo-optomechanical transducer. Nat. Phys. 21, 401–405 (2025).

    About QphoX
    QphoX is the leading developer of quantum transduction systems that enable quantum computers to network over optical frequencies. Leveraging decades of progress in photonic, MEMS and superconducting device nanofabrication, their single-photon interfaces bridge the gap between microwave, optical and telecom frequencies to provide essential quantum links between computation, state storage and networking. QphoX is based in Delft, the Netherlands. See qphox.eu for more information.

    About Rigetti
    Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti’s 9-qubit Novera™ QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at rigetti.com.

    About the NQCC
    The NQCC is the UK’s national lab for quantum computing, dedicated to accelerating the development of quantum computing by addressing the challenges of scaling up the technology. The centre is working with businesses, government, and the research community to deliver quantum computing capabilities for the UK and support the growth of the emerging industry. The NQCC’s programme is being delivered jointly by UKRI’s research councils, EPSRC and STFC. It is a part of the National Quantum Technologies Programme (NQTP) to develop and deliver quantum technologies across the areas of sensing, timing, imaging, communications and computing. The centre is headquartered in a purpose-built facility on STFC’s Rutherford Appleton Laboratory site at the Harwell Campus in Oxfordshire. Visit nqcc.ac.uk for more information.

    Cautionary Language Concerning Forward-Looking Statements
    Certain statements in this communication may be considered “forward-looking statements” within the meaning of the federal securities laws, including statements with respect to the Company’s future success and performance, including expectations with respect to timing of the development and commercialization of superconducting quantum computing; expectations regarding the advantages and impact of the multinational-funded projects on the Company’s operations, technology roadmap, milestones, and the Company’s position in the industry; statements to optical readouts eventually replacing conventional components as part of the qubit signal processing chain and thereby offering scaling advantages; the extent that the optical qubit readout systems may interface with Rigetti’s Novera QPU and enable optical readout of all qubits; the extent that using light will remove a significant amount of heat load on cryogenic systems; the extent that using light will overcome critical bottlenecks in building a universal quantum computer; and the extent to which Rigetti’s open and modular system architecture will allow for partners to integrate their technology with Rigetti’s QPUs. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s ability to achieve milestones, technological advancements, including with respect to its technology roadmap; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the success of the Company’s partnerships and collaborations, including the strategic collaboration with Quanta; the Company’s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company’s estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives and expansion plans; the expected use of proceeds from the Company’s past and future financings or other capital; the sufficiency of the Company’s cash resources; unfavorable conditions in the Company’s industry, the global economy or global supply chain, including rising inflation and interest rates, deteriorating international trade relations, political turmoil, natural catastrophes, warfare and terrorist attacks; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.

    Rigetti Media Contact
    press@rigetti.com

    The MIL Network

  • MIL-OSI: BigCommerce Taps Klarna as Global Preferred Partner for Flexible Payment Solutions

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 06, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, today announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner. As a global preferred partner, Klarna will bring its flexible, interest-free payment options to merchants worldwide, enhancing the shopping experience and driving growth with one single integration.

    Klarna offers a wide range of payment options, including Pay in Full, a hassle-free transaction for those who want to pay the full amount of their order upfront, Pay in 4, which allows customers to split their purchase into four interest-free payments, as well as Fair Financing, which offers flexible payment plans for larger purchases. The partnership furthers BigCommerce and Klarna’s mutual mission to help brands and retailers optimize their checkouts and conversion rates by offering payment flexibility and making large purchases more accessible to consumers.

    “BigCommerce is committed to empowering merchants with the flexibility and tools they need to grow on their own terms,” said Michaela Weber, senior vice president of strategic business development and general manager of payments at BigCommerce. “Klarna’s extensive global reach, trusted brand and shopper-first approach make them an ideal partner for our merchants. Together, we are expanding access to flexible payment solutions that drive conversion and customer loyalty across international markets.”

    “Today’s consumers expect greater flexibility and convenience in how they pay,” said David Sykes, chief commercial officer at Klarna. “Our partnership with BigCommerce enables brands and retailers to streamline their operations through a single global solution, eliminating the need for fragmented regional providers and delivering a smooth, scalable experience for businesses and their customers alike.”

    Klarna is natively integrated to BigCommerce and can be easily enabled for the brands, retailers, manufacturers, distributors and other merchants that choose to use it. As a native integration, it is also maintained by BigCommerce’s development team, making it a great option for merchants that need checkout customizations and flexibility.

    “Implementing Klarna with our BigCommerce store has been a big asset to our strategy to provide a market-leading purchasing experience,” said Jon Cleaver, CTO at SportsShoes.com, a leading UK-based online running shoes, running clothing and outdoor gear retailer. “Our customers appreciate the flexibility it gives them, and it in turn has helped maintain SportsShoes.com’s position as an unrivalled retailer in the running, fitness and outdoor communities.”

    To learn more about Klarna’s integration with BigCommerce, click here.

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    About Klarna

    Klarna is on a mission to be available everywhere for everything. With over 93 million global active Klarna users and 2.9 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter — online, in-store and through Apple Pay in the U.S., UK and Canada. More than 675,000 retailers trust Klarna’s innovative solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. For more information, visit Klarna.com.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network

  • MIL-OSI: Blue Mantis Acquires North Shore Data Services to Strengthen Networking Capabilities

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., May 06, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced the acquisition of North Shore Data Services, an IT services provider specializing in customized network infrastructure solutions. North Shore Data Services is headquartered in Kingston, NH with customers and employees located throughout the Northeast.

    Driving Productivity and Customer Satisfaction Through Smarter Networking

    Mid-market IT teams face increased pressure to operate more efficiently, securely and sustainably, making modern networking a critical foundation for businesses. According to Cisco’s 2024 Global Networking Trends Report, investments in future-ready networking technologies have resulted in a 19% increase in customer satisfaction, 10% growth in revenue year-over-year and 17% rise in employee productivity. With this acquisition, Blue Mantis strengthens its existing networking services portfolio, which includes SD-WAN, wireless implementation, WAN, LAN and more, enabling organizations to securely bridge the gap between on-premises environments and the cloud.

    The North Shore Data Services team, led by Chuck Desjardins, brings 35 years of experience in IBM Power Systems, managed IT services, network security and compliance, network infrastructure and services and data center colocation experience to Blue Mantis.

    “The distributed nature of organizations today has made modernizing infrastructure, without compromising security or performance, more necessary than ever. Whether a company is starting from scratch, looking to make upgrades or facing the complexities of merging two businesses, the combined Blue Mantis and North Shore Data Services expertise will ensure that our customers IT operations stay seamless and secure,” said Josh Dinneen, Blue Mantis CEO. “North Shore Data Services brings a diverse portfolio of customers to Blue Mantis, and our customers and partners will benefit from their team’s knowledge and experience across the networking spectrum.”

    “The last three decades have brought immense changes to networking. From the cloud evolution to the emergence of generative AI technologies, our team has been at the forefront of it all,” said Chuck Desjardins, North Shore Data Services founder and president. “Joining forces with Blue Mantis will enable us to expand our mission to provide fully managed, secured and scalable network solutions to customers with greater reach and resources. Together, we can simplify clients’ complex IT challenges.”

    Acquisition Highlights

    • Broader Customer and Market Presence: North Shore Data Services brings a vertically diverse customer portfolio, enabling Blue Mantis to expand further into key sectors like the sports and entertainment industries.
    • Blue Chip Technology Partnerships: Blue Mantis’ practice areas will benefit from North Shore Data Services’ existing relationships with HPE, Cisco, IBM, Dell, Extreme Networks and VMWare.
    • Extensive Experience in Network Services: The North Shore Data Services’ team enables Blue Mantis to significantly enhance the networking practice.
    • Strong Cultural Alignment: The North Shore Data Services and Blue Mantis’ teams share the same customer-first mindset, bringing a high-touch, consultative approach to deliver tailored solutions for organizations’ success.
    • Cross Sell Opportunities: With the acquisition, North Shore Data Services customers can benefit from Blue Mantis’ existing services such as cyber, carrier services and more.

    For more information about Blue Mantis’ networking services and others, visit www.bluemantis.com.

    About Blue Mantis
    Blue Mantis is a security-first, IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information about Blue Mantis and its services, please visit www.bluemantis.com.

    Contact
    Shannon Cieciuch
    Touchdown PR for Blue Mantis
    Bluemantis@touchdownpr.com

    The MIL Network

  • MIL-OSI: Liquidia Corporation to Present at BofA Securities 2025 Health Care Conference

    Source: GlobeNewswire (MIL-OSI)

    MORRISVILLE, N.C., May 06, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced  that the company’s Chief Financial Officer and Chief Operating Officer, Michael Kaseta, and Chief Medical Officer, Rajeev Saggar, will provide a business update during a fireside chat at the BofA Securities 2025 Health Care Conference on Tuesday, May 13, 2025, beginning at 1:40 p.m. PT / 4:40 p.m. ET in Las Vegas, Nevada.

    Access to a webcast will be available to investors and other interested parties by accessing Liquidia’s website at https://liquidia.com/investors/events-and-presentations.

    An archived, recorded version of the presentation will be available on Liquidia’s website for at least 30 days following the event.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network

  • MIL-OSI: ReportAId raises €2.2M using AI to unlock healthcare data

    Source: GlobeNewswire (MIL-OSI)

    Milan, May 06, 2025 (GLOBE NEWSWIRE) — Ask any doctor what’s keeping them from delivering better care, and paperwork will top the list. Despite billions invested in healthcare technology, 80% of clinical data remains trapped in unstructured reports, and 70% of patients don’t return to the same facility for follow-ups. Today, ReportAId announces a €2.2 million pre-seed funding round to address this massive inefficiency with an AI platform that automatically interprets medical reports and transforms them into interactive tools that guide both patients and clinicians through personalized care pathways.

    The capital raise was led by Italian Founders Fund with participation from Heartfelt, Exceptional Ventures, 2100 Ventures, Vento, Ithaca, B Heroes, Vesper Holding, and angel investors Luca Ascani, Enrico Giacomelli, Francesco Zaccariello and Luca Foschini. This investment will enable ReportAId to add ten new team members and expand across Italian and European healthcare, scaling a solution already in use at leading institutions like San Raffaele Hospital and currently being adopted by Ospedale Isola Tiberina – Gemelli Isola.

    ReportAId founders: (L to R) Claudio Caletti, Giuseppe Faraci and Luca Foresti.

    “ReportAId is the first operator to bring AI at scale into Italian healthcare. In the coming years, this technology will become a core pillar of the health system,” said Giuseppe Faraci, CEO and co-founder of ReportAId. “We already work with leading private providers, but our goal is to support the public sector as well. We are ready for a concrete dialogue with local-health directors, regional councillors and national ministries to help modernise the NHS.”

    ReportAId’s platform tackles the root causes of healthcare inefficiency: poorly managed reports, fragmented care journeys, and difficulties in treatment planning. The AI-powered system extracts key data from medical documents and creates structured, personalized care plans that make next steps clear for everyone involved. For patients, this means quick, guided access to every aspect of their care pathway – streamlining appointment booking, medication purchases, and follow-up care. For providers, the platform enables more efficient scheduling of tests and surgeries, design of therapeutic and preventive plans, and assessment of prescription appropriateness in line with clinical guidelines.

    Founded in Milan in 2024 by Giuseppe Faraci (CEO), Claudio Caletti (CTO) and Luca Foresti (Chairman), ReportAId emerged from the founders’ firsthand observations of the critical inefficiencies plaguing healthcare. By applying AI to the fundamental problem of unstructured clinical data, they’ve created a solution that not only improves the patient experience but also delivers significant operational benefits to healthcare providers – with revenue increases of up to 25% reported by hospitals using the system.

    What differentiates ReportAId is its focus on turning unactionable medical reports into structured databases and automated workflows while maintaining full compliance with EU privacy regulations. The platform’s ability to create a comprehensive clinical database covering every medical report gives healthcare facilities unprecedented insight into their operations and patient outcomes.

    The ReportAId platform.

    “ReportAId is one of the most tangible and transformative AI applications in healthcare. It tackles critical inefficiencies – from fragmented clinical data and gaps in patient management to structural waiting-list issues,” said Irene Mingozzi, Principal at Italian Founders Fund. “By turning medical reports into structured, automated actions, the platform directly improves continuity and quality of care. This is exactly the kind of impact IFF seeks: ambitious founders, enabling technology and a long-term vision to make things better. We also believe ReportAId’s potential extends far beyond Italy.”

    The healthcare AI sector has seen explosive growth, but few solutions address the fundamental data structuring problem that ReportAId tackles. With proven traction at prestigious institutions like San Raffaele Hospital and a clear path to both private and public sector adoption, the company is positioned to become a critical infrastructure layer in the European healthcare system.

    “Healthcare is the perfect field for AI, and the founders – already well-known in the AI and health ecosystem – are attacking one of the sector’s biggest inefficiencies with a simple, elegant and scalable solution,” added Paolo Pio, Co-Founder & General Partner at Exceptional Ventures. “Traction in Italy is real and demand is knocking. We’re excited to join their mission.”

    Looking ahead, ReportAId plans to expand its integration capabilities with existing healthcare IT systems, develop additional AI capabilities for specialized medical disciplines, and work directly with public healthcare authorities to implement its solution at scale – creating a more efficient, accessible healthcare system that serves patients better while reducing costs and administrative burdens.

    Ends 

    Media images can be found here.

    About ReportAId
    Founded in Milan in 2024 by Giuseppe Faraci (CEO), Claudio Caletti (CTO) and Luca Foresti (Chairman), ReportAId leverages artificial intelligence to optimise healthcare processes, automatically interpreting medical reports and turning them into interactive tools for providers and patients—fully compliant with European privacy regulations. Backed by Italian Founders Fund, Heartfelt, Exceptional Ventures, 2100 Ventures, Vento, Ithaca, B Heroes, Vesper Holding, Luca Ascani, Enrico Giacomelli, Francesco Zaccariello and Luca Foschini, the solution is live or being rolled out at private hospitals including San Raffaele and Ospedale Isola Tiberina – Gemelli Isola. ReportAId now aims to serve the public sector, helping make healthcare systems more efficient and accessible.

    The MIL Network

  • MIL-OSI: Change of share capital

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 19/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

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

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

    6 May 2025  

    Dear Sirs

    Change of share capital

    At the AGM of Sydbank A/S held on 20 March 2025 it was resolved to
    reduce the Bank’s share capital by nominally DKK 33,839,600 by
    cancelling 3,383,960 shares which were purchased under the Bank’s
    share buyback programme in 2024.

    The creditors’ time limit for filing claims has expired and the Board of
    Directors has subsequently decided to implement the capital reduction.

    The capital reduction will be registered with the Danish Business
    Authority.

    Sydbank’s total share capital represents nominally DKK 512,044,600,
    equal to 51,204,460 shares of DKK 10 each (51,204,460 voting rights).
    As a result of the capital reduction the Bank’s Articles of Association have
    been amended with respect to the size of the share capital. The revised
    Articles of Association are available at sydbank.dk and sydbank.com.

    Yours sincerely

            
    Sydbank A/S

    Attachment

    The MIL Network

  • MIL-OSI: Plotly Showcases AI-powered Platform for Interactive Data Application Development at Leading Industry Events in May and June 2025

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 06, 2025 (GLOBE NEWSWIRE) — Plotly, the premier Data App platform for Python, today announced it will participate in multiple leading industry events in May and June, 2025, where Plotly experts and users will share their unique insights and demo Plotly’s Data App platform.

    “The ability to create custom data apps is now critical to every aspect of a company – from financials to product development, to customer journeys – but complexity continues to prevent data teams from providing business users with insights at the required speed and scale,” said Domenic Ravita, Vice President of Marketing at Plotly. “These industry events provide a great opportunity for Plotly experts and users to share how the Plotly Data App enables less technical users to use natural language to build smarter and safer data apps faster.”

    Webinar

    Conferences

    • DSC ALIGN AI Executive Summit – May 8, 2025, New York – More than 200 senior data and AI leaders from leading organizations gather to discuss the latest in AI, network with fellow industry leaders, and engage in thought-provoking discussions about AI’s biggest challenges and opportunities. Plotly will be exhibiting & demoing Dash Enterprise in Booth# 5.
    • Gartner Data & Analytics Summit 2025 – May 12-14, 2025, London – Zahin Rahim, Data Scientist at UK Power Networks, will present “Plotly: Enabling Net Zero: Data-Driven Tools for a Flexible Grid.” The session will discuss how real-world tools are driving a smarter, more flexible electricity grid on the path to Net Zero. Plotly will be exhibiting & demoing Dash Enterprise in Booth# 527.
    • ODSC East 2025 – May 13, 2025, Boston – Basil Cleveland, PhD, CIO, EVP and Co-founder at Shorelight, will present “Reimagining the Sales Funnel: A Laboratory Model for Interactive Sales Analytics with Plotly Dash Enterprise.” This session offers lessons learned from managing sales analytics in complex organizations and introduces a modular approach that bridges traditional funnel reporting and modern data application design. Plotly will be exhibiting & demoing Dash Enterprise in Booth# 7.
    • Databricks Data + AI Summit – June 9–12, 2025, San Francisco – Plotly will be featured in three presentations. Plotly will be exhibiting & demoing Dash Enterprise in Booth# F612.

    To learn more about the future of data apps and join the 5,000+ companies that use Plotly:

    • Read the Plotly Blog to get an insider’s look at what’s next for data apps.
    • Join a Plotly Dash Demo to see how Dash makes data come alive in future-forward visualizations and apps.
    • Download this Plotly white paper to learn how AI-powered data app dev builds what BI never could.
    • See how to go from raw data to dynamic apps in minutes in this Plotly Tour.
    • Discover how Plotly Customers are putting data and AI to work for production data applications.

    About Plotly
    Plotly is a leading provider of open-source graphing libraries and enterprise-grade analytics solutions. Its flagship product, Dash Enterprise, enables organizations to build scalable and interactive data apps that drive impactful decision-making. To learn more about Plotly, visit our website at http://www.plotly.com.

    For media inquiries:
    Brigit Valencia
    For Plotly
    brigit@compel-pr.com

    The MIL Network

  • MIL-OSI: Genie Energy Announces First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Newark, NJ, May 06, 2025 (GLOBE NEWSWIRE) — Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025. 

    Michael Stein, Chief Executive Officer of Genie Energy, commented: 

    “Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter.

    “At GRE, the significant investments we made in 2024 to expand our customer base drove a year-over-year increase of over 48,000 net new meters. We ended the quarter with approximately 413,000 meters served comprising 402,000 RCEs. Customer base growth in combination with a stable pricing environment enabled GRE to generate an 18% increase in both revenue and income from operations compared to the year ago quarter.

    “At GREW, we continue to advance our utility-scale project pipeline including the construction of our first community solar project in Lansing, New York. The Lansing array is on track for completion as early as the third quarter of this year. We expect it will become EBITDA accretive immediately once online.”

    “During the first quarter, we again returned value directly to our stockholders, repurchasing approximately 127,000 shares and paying our regular quarterly dividend of $0.075 per share.”

    First Quarter 2025 Highlights
    (Unless otherwise noted, 1Q25 results are compared to 1Q24, and results of Genie Retail Energy International (GREI) are included in discontinued operations for all periods.) 

      Revenue increased 14.3% to $136.8 million from $119.7 million;
      Gross profit increased 10.6% to $37.4 million from $33.8 million. Gross margin decreased to 27.3% from 28.2%;
      Income from operations increased to $12.8 million from $9.8 million;
      Adjusted EBITDA1 increased to $14.4 million from $11.7 million;
      Net income attributable to Genie common stockholders and income per diluted share (EPS) attributable to Genie common stockholders of $10.6 million and $0.40 compared to $8.1 million and $0.30, respectively;
      Non-GAAP net income1 and non-GAAP EPS1 attributable to Genie common stockholders of $11.1 million and $0.42 compared to $8.9 million and $0.33, respectively;
      Cash and cash equivalents, short and long-term restricted cash, and marketable equity securities increased to $210.2 million at March 31, 2025;
      Genie repurchased approximately 127,000 shares of its Class B Common stock for $1.9 million during 1Q25;
      Genie will pay a $0.075 per share quarterly dividend to Class A and Class B common stockholders on May 30, 2025, with a record date of May 19, 2025.
         

    1 Adjusted EBITDA, Non-GAAP net income attributable to Genie Energy Ltd. common stockholders, and Non-GAAP EPS for all periods presented are non-GAAP measures intended to provide useful information that supplements the core operating results in accordance with GAAP for Genie Energy or the relevant segment. Please refer to the Reconciliation of Non-GAAP Financial Measures at the end of this release for an explanation of these non-GAAP metrics, as well as reconciliations to its most directly comparable GAAP measures.

    Select Financial Metrics

    (in millions except for EPS)*   1Q25     1Q24     Change  
    Total revenue   $ 136.8       $ 119.7         14.3   %
    Genie Retail Energy   $ 132.5       $ 112.5         17.8   %
    Electricity   $ 104.1       $ 89.4         16.4   %
    Natural gas    $ 28.4       $ 22.4         26.8   %
    Others   $ 0.0       $ 0.7         (99.6 ) %
    Genie Renewables    $ 4.3       $ 7.2         -40.0   %
    Gross margin      27.3   %     28.2   %     (90 ) bps
    Genie Retail Energy     27.1   %     28.6   %     (150 ) bps
    Genie Renewables     33.7   %     22.0   %     1,170   bps
    Income from operations   $ 12.8       $ 9.8         30.3   %
    Operating margin     9.4   %     8.2   %     120   bps
    Net income from continuing operations   $ 10.4       $ 8.4         23.4   %
    Loss attributable to discontinued operations, net of tax   $ (0.1 )     $ (0.3 )       (60.7 ) %
    Net income attributable to Genie common stockholders   $ 10.6       $ 8.1         30.9   %
    Diluted earnings per share   $ 0.40       $ 0.30        $ 0.10    
    Non-GAAP net income attributable to Genie common stockholders   $ 11.1       $ 8.9         24.7   %
    Non-GAAP diluted earnings per share   $ 0.42       $ 0.33       $ 0.09    
    Adjusted EBITDA   $ 14.4       $ 11.7         22.7   %
    Cash flow from continuing operating activities   $ 13.5       $ 8.7         55.1   %

    * Numbers may not add due to rounding

    Segment Highlights

    Genie Retail Energy (GRE)

    GRE’s first quarter revenue increased 17.8% to $132.5 million from $112.5 million last year. Income from operations increased 18.2% to $16.8 million from $14.2 million, and Adjusted EBITDA increased 17.1% to $17.1 million from $14.6 million. The increases primarily reflect the growth in GRE’s customer base and higher consumption per customer.

    GRE Operational Metrics

    (RCEs and Meters in thousands at end of period)*   1Q25     1Q24     Change    
    RCEs     402       348       15.6   %  
    Electricity     318       267       19.2   %  
    Natural gas     84       81       3.8   %  
    Meters     413       365       13.3   %  
    Electricity     325       281       15.6   %  
    Natural gas     88       83       5.4   %  
    Gross meter additions during the period     61       70       (12.8 ) %  
    Churn**     5.5 %     5.5 %       %  
      * Numbers may not add due to rounding
      ** Excludes the impacts of aggregation deal expirations
         

    Genie Renewables (GREW)

    GREW’s first quarter revenue decreased 40.0% to $4.3 million from $7.2 million in 1Q24, primarily reflecting Genie Solar’s exit from the commercial-scale projects business during the second half of 2024. 

    Diversegy, Genie’s energy brokerage business, increased revenue by 55% year-over-year, and contributed the significant majority of GREW revenues in 1Q25.

    GREW’s loss from operations increased to $0.9 million from $0.6 million in 1Q24.

    At March 31, 2025, Genie Solar’s operating portfolio and development pipeline comprised:

    Pipeline   Total   Operational   Site Control   Permitting   Construction
    MW   123   10   97   6   10
    Project count   18   1   14   1   2

    During the quarter, portfolio and pipeline net additions totaled 15 MW and 2 projects.

    Balance Sheet and Cash Flow Highlights

    As of March 31, 2025, Genie reported cash and cash equivalents, short and long-term restricted cash, and marketable equity securities of $210.2 million.

    Total assets as of March 31, 2025 were $384.4 million. Liabilities totaled $197.0 million, and working capital (current assets less current liabilities) totaled $121.2 million. 

    Cash provided by operating activities increased to $13.5 million in 1Q25 from $8.7 million in 1Q24.

    Trended Financial Information*

    (in millions except EPS)**     1Q24     2Q24     3Q24       4Q24       1Q25     2023       2024  
    Total Revenue     $ 119.7     $ 90.7     $ 111.9     $ 102.9     $ 136.8     $ 428.7     $ 425.2  
    Genie Retail Energy     $ 112.5     $ 86.7     $ 105.8     $ 98.4     $ 132.5     $ 409.9     $ 403.6  
    Electricity     $ 89.4     $ 78.3     $ 100.7     $ 82.1     $ 104.1     $ 350.8     $ 350.8  
    Natural gas     $ 22.4     $ 8.4     $ 5.1     $ 16.2     $ 28.4     $ 56.0     $ 52.1  
    Others     $ 0.7     $ 0.0     $ 0.1     $ 0.0     $ 0.0     $ 3.1     $ 0.7  
    Genie Renewables     $ 7.2     $ 4.0     $ 6.1     $ 4.5     $ 4.3     $ 18.8     $ 21.9  
    Gross Profit     $ 33.8     $ 33.3     $ 37.9     $ 33.5     $ 37.4     $ 146.2     $ 138.8  
    Genie Retail Energy     $ 32.2     $ 32.3     $ 35.8     $ 31.9     $ 35.9     $ 143.3     $ 132.4  
    Genie Renewables     $ 1.6     $ 1.1     $ 2.1     $ 1.5     $ 1.5     $ 2.8     $ 6.3  
    Gross Margin       28.2 %     36.8 %     33.9 %     32.5 %     27.3 %     34.1 %     32.6 %
    Genie Retail Energy       28.6 %     37.2 %     33.8 %     32.4 %     27.1 %     35.0 %     32.8 %
    Genie Renewables       22.0 %     26.8 %     34.9 %     33.9 %     33.7 %     15.1 %     29.0 %
    Income (loss) from operations     $ 9.8     $ 10.6     $ 11.7     $ (20.8 )   $ 12.8     $ 10.0     $ 11.3  
    Operating margin       8.2 %     11.6 %     10.4 %     (20.2 )%     9.4 %     2.3 %     2.7 %
    Net income (loss) attributable to Genie common stockholders     $ 8.1     $ 9.6     $ 10.2     $ (15.3 )   $ 10.6     $ 19.2     $ 12.6  
    Diluted earnings (loss) per share     $ 0.30     $ 0.36     $ 0.38     $ (0.58 )   $ 0.40     $ 0.74     $ 0.5  
    Adjusted EBITDA     $ 11.7     $ 12.0     $ 13.6     $ 11.1     $ 14.41     $ 58.2     $ 48.5  
      * Some Genie Retail Energy International (GREI) operations have been classified as a discontinued operation and their results excluded from current and historical results
      ** Numbers may not add due to rounding
         

    Earnings Announcement and Supplemental Information

    At 8:30 AM Eastern this morning, Genie Energy’s management will host a conference call to discuss the Company’s financial and operational results, business outlook, and strategy. The call will begin with management’s remarks, followed by Q&A with investors.

    To participate in the conference call, dial 1-877-545-0523 (toll-free from the US) or 1-973-528-0016 (international) and provide the following participant access code: 585907.

    Approximately three hours after the call, a call replay will be accessible by dialing 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and providing the replay passcode: 52352. The replay will remain available through Tuesday, May 20, 2025. In addition, a recording of the call will be available for playback on the “Investors” section of the Genie Energy website.

    About Genie Energy Ltd.

    Genie Energy Ltd., (NYSE: GNE) is a leading retail energy and renewable energy solutions provider. The Genie Retail Energy division (GRE) supplies electricity, including electricity from renewable resources, and natural gas to residential and small business customers in the United States. The Genie Renewables division’s (GREW) holdings include Genie Solar, a vertically-integrated provider of community and utility-scale solar energy solutions, and Diversegy, an energy procurement advisor. For more information, visit Genie.com.

    In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate, “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10-K (under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

    Contact

    Bill Ulrey
    Investor Relations
    Genie Energy, Ltd.
    wulrey@genie.com

    GENIE ENERGY LTD.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except per share amounts)

        March 31,
    2025
        December 31,
    2024
     
                 
    Assets             
    Current assets:            
    Cash and cash equivalents (including amounts related to variable interest entity of $255 and $263 at March 31, 2025 and December 31, 2024, respectively)   $ 112,544     $ 104,456  
    Restricted cash—short-term     27,178       26,608  
    Marketable equity securities     405       357  
    Trade accounts receivable, net of allowance for doubtful accounts of $8,238 and $8,086 at March 31, 2025 and December 31, 2024, respectively (including amounts related to variable interest entity of $255 and $250 at March 31, 2025 and December 31, 2024, respectively)     64,218       61,858  
    Inventory      13,726       12,188  
    Prepaid expenses (including amounts related to variable interest entity of $130 and $307 at March 31, 2025 and December 31, 2024, respectively)     9,503       9,893  
    Other current assets     9,207       8,493  
    Current assets of discontinued operations     1,727       3,594  
    Total current assets     238,508       227,447  
    Restricted cash—long-term     70,104       69,580  
    Property and equipment, net     26,866       25,246  
    Goodwill     12,686       12,749  
    Other intangibles, net     2,275       2,367  
    Deferred income tax assets, net     7,045       7,055  
    Other assets (including amounts related to variable interest entity of $364 and $363 at March 31, 2025 and December 31, 2024, respectively)     22,305       22,365  
    Noncurrent assets of discontinued operations     4,589       4,466  
    Total assets   $ 384,378     $ 371,275  
    Liabilities and equity                
    Current liabilities:                
    Trade accounts payable     29,752       31,233  
    Accrued expenses (including amounts related to variable interest entity of $476 and $502 at March 31, 2025 and December 31, 2024, respectively)     52,497       48,793  
    Income taxes payable     13,596       9,196  
    Current captive insurance liability     9,236       9,120  
    Current debt, net     2,167       357  
    Due to IDT Corporation, net     136       135  
    Other current liabilities     6,227       6,393  
    Current liabilities of discontinued operations     3,706       4,585  
    Total current liabilities     117,317       109,812  
    Noncurrent captive insurance liability     70,104       69,580  
    Noncurrent debt, net     6,838       8,668  
    Other liabilities     2,022       2,959  
    Noncurrent liabilities of discontinued operations     707       705  
    Total liabilities     196,988       191,724  
    Commitments and contingencies            
    Equity:                
    Genie Energy Ltd. stockholders’ equity:                
    Preferred stock, $0.01 par value; authorized shares – 10,000:                
    Series 2012-A, designated shares – 8,750; at liquidation preference, consisting of 0 shares issued and outstanding at March 31, 2025 and December 31, 2024            
    Class A common stock, $0.01 par value; authorized shares – 35,000; 1,574 shares issued and outstanding at March 31, 2025 and December 31, 2024     16       16  
    Class B common stock, $0.01 par value; authorized shares -200,000 ; 29,324 and 29,310 shares issued and 25,336 and 25,482 shares outstanding at March 31, 2025 and December 31, 2024, respectively     293       293  
    Additional paid-in capital     159,981       159,192  
    Treasury stock, at cost, consisting of 3,988 and 3,828 shares of Class B common stock at March 31, 2025 and December 31, 2024     (39,835 )     (37,486 )
    Accumulated other comprehensive income     4,373       3,919  
    Retained earnings     73,178       64,574  
    Total Genie Energy Ltd. stockholders’ equity     198,006       190,508  
    Noncontrolling interests:                
    Noncontrolling interests     (9,833 )     (10,174 )
    Receivable for issuance of equity of a subsidiary     (783 )     (783 )
    Total noncontrolling interests     (10,616 )     (10,957 )
    Total equity     187,390       179,551  
    Total liabilities and equity   $ 384,378     $ 371,275  


    GENIE ENERGY LTD.

    CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited)

        Three Months Ended March 31,  
        2025     2024  
        (in thousands, except per share data)
    Revenues:            
    Electricity   $ 104,063     $ 89,396  
    Natural gas     28,409       22,398  
    Other     4,335       7,894  
    Total revenues     136,807       119,688  
    Cost of revenues     99,444       85,902  
    Gross profit     37,363       33,786  
    Operating expenses:                
    Selling, general and administrative (i)     23,887       22,901  
    Provision for captive insurance liability     645       1,036  
    Income from operations     12,831       9,849  
    Interest income     1,981       1,340  
    Interest expense     (189 )     (32 )
    Gain on marketable equity securities and other investments     168       117  
    Other income, net     (6 )     80  
    Income before income taxes     14,785       11,354  
    Provision for income taxes     (4,380 )     (2,920 )
    Net income from continuing operations     10,405       8,434  
    Loss from discontinued operations, net of taxes     (104 )     (265 )
    Net income     10,301       8,169  
    Net income (loss) attributable to noncontrolling interests, net     (329 )     46  
    Net income attributable to Genie Energy Ltd. common stockholders   $ 10,630     $ 8,123  
                     
    Net income attributable to Genie Energy Ltd. common stockholders                
    Continuing operations   $ 10,734     $ 8,388  
    Discontinued operations     (104 )     (265 )
    Net income attributable to Genie Energy Ltd. common stockholders   $ 10,630     $ 8,123  
                     
    Earnings (loss) per share attributable to Genie Energy Ltd. common stockholders:                
    Basic:                
    Continuing operations   $ 0.40     $ 0.31  
    Discontinued operations           (0.01 )
    Earnings per share attributable to Genie Energy Ltd. common stockholders   $ 0.40     $ 0.30  
    Diluted                
    Continuing operations   $ 0.40     $ 0.31  
    Discontinued operations           (0.01 )
    Earnings per share attributable to Genie Energy Ltd. common stockholders   $ 0.40     $ 0.30  
                     
    Weighted-average number of shares used in calculation of earnings per share:                
    Basic     26,338       26,790  
    Diluted     26,612       27,298  
                     
    Dividends declared per common share    $ 0.075     $ 0.075  
    (i) Stock-based compensation included in selling, general and administrative expenses   $ 739     $ 749  


    GENIE ENERGY LTD. 

    CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited) 

        Three Months Ended March 31,  
        2025     2024    
        (in thousands)  
    Operating activities            
    Net income   $ 10,301     $ 8,169    
    Net loss from discontinued operations, net of tax     (104 )     (265 )  
    Net income from continuing operations     10,405       8,434    
    Adjustments to reconcile net income to net cash provided by operating activities:                
    Provision for captive insurance liability     645       1,036    
    Depreciation and amortization     235       219    
    Provision for doubtful accounts receivable     309       729    
    Stock-based compensation     739       749    
    Unrealized gain on marketable equity securities and investment and others, net     (171 )     (49 )  
    Inventory valuation allowance           417    
    Changes in assets and liabilities:                
    Trade accounts receivable     (2,668 )     1,093    
    Inventory     (1,538 )     (2,191 )  
    Prepaid expenses     390       581    
    Other current assets and other assets     (209 )     505    
    Trade accounts payable, accrued expenses and other liabilities     981       (5,694 )  
    Due to IDT Corporation, net     1       (25 )  
    Income taxes payable     4,400       2,914    
    Net cash provided by operating activities of continuing operations     13,519       8,718    
    Net cash provided by operating activities of discontinued operations     1,830       4,208    
    Net cash provided by operating activities     15,349       12,926    
    Investing activities                
    Capital expenditures     (1,773 )     (1,206 )  
    Improvement of investment property     (370 )        
    Purchase of solar system facility           (1,344 )  
    Purchases of marketable equity securities and other investment           (2,094 )  
    Purchase of equity of subsidiary           (1,200 )  
    Proceeds from return of investments     50          
    Net cash used in investing activities     (2,093 )     (5,844 )  
    Financing activities                
    Dividends paid     (2,026 )     (2,121 )  
    Repurchases of Class B common stock     (1,887 )     (4,101 )  
    Repurchases of Class B common stock from employees     (462 )     (1,508 )  
    Net cash used in financing activities     (4,375 )     (7,730 )  
    Effect of exchange rate changes on cash, cash equivalents, and restricted cash     (80 )     74    
    Net increase (decrease) in cash, cash equivalents, and restricted cash     8,801       (574 )  
    Cash, cash equivalents, and restricted cash (excluding cash held at discontinued operations) at beginning of period     201,958       165,479    
    Cash, cash equivalents and restricted cash (including cash held at discontinued operations) at end of the period     210,759       164,905    
    Less: Cash of discontinued operations at end of period     933       2,886    
    Cash, cash equivalents, and restricted cash (excluding cash held at discontinued operations) at end of period   $ 209,826     $ 162,019    


    Reconciliation of Non-GAAP Financial Measures for the First Quarter of 2025

    In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), Genie Energy disclosed Adjusted EBITDA on a consolidated basis and for GRE and disclosed Non-GAAP Net Income Attributable to Genie Energy Ltd. Common Stockholders (Non-GAAP Net Income and Non-GAAP earnings per share (Non-GAAP EPS). Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS are non-GAAP financial measures.

    Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP.

    Genie’s measure of consolidated Adjusted EBITDA starts with income from operations and adds back depreciation, amortization, and stock-based compensation and deducts impairment of assets and equity in the net loss of equity method investees, net.

    Genie’s measure of Non-GAAP Net Income starts with net income attributable to Genie Energy Ltd. Common Stockholders in accordance with GAAP and adds captive insurance liability and the tax effect of this adjustment. These additions are non-cash and/or non-routine items in the relevant periods.

    Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS should be considered in addition to, not as a substitute for, or superior to, revenue, gross profit, income from operations, cash flow from operating activities, net income, basic and diluted earnings per share or other measures of liquidity and financial performance prepared in accordance with GAAP. In addition, Genie’s measurement of Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS may not be comparable to similarly titled measures reported by other companies.

    Management believes that Genie’s measure of Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS provide useful information to both management and investors by excluding certain expenses that may not be indicative of Genie’s or GRE’s core operating results. Management uses Adjusted EBITDA, non-GAAP Net Income and Non-GAAP EPS, among other measures, as relevant indicators of core operational strengths in its financial and operational decision-making.

    Management also uses Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS to evaluate operating performance in relation to Genie’s competitors. Disclosure of these non-GAAP financial measures may be useful to investors in evaluating performance and allows for greater transparency to the underlying supplemental information used by management in its financial and operational decision-making. In addition, Genie Energy has historically reported Adjusted EBITDA and believes it is commonly used by readers of financial information in assessing performance. Therefore, the inclusion of comparative numbers provides consistency in financial reporting at this time.

    Management refers to Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS as well as the GAAP measures revenue, gross profit, and income from operations, as well as net income, on a consolidated level to facilitate internal and external comparisons to Genie’s historical operating results, in making operating decisions, for budget and planning purposes, and to form the basis upon which management is compensated.

    Although depreciation and amortization are considered operating costs under GAAP, they primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or constructed in prior periods. Genie’s operating results exclusive of depreciation and amortization are therefore useful indicators of its current performance.

    Stock-based compensation recognized by Genie Energy and other companies may not be comparable because of the various valuation methodologies, subjective assumptions, and the variety of types of awards that are permitted under GAAP. Stock-based compensation is excluded from Genie’s calculation of Adjusted EBITDA because management believes this allows investors to make more meaningful comparisons of the operating results of Genie’s core business with the results of other companies. However, stock-based compensation will continue to be a significant expense for Genie Energy for the foreseeable future and an important part of employees’ compensation that impacts their performance. 

    Impairment of assets is a component of income (loss) from operations that is excluded from the calculation of Adjusted EBITDA. The impairment of assets is primarily dictated by events and circumstances outside the control of management that trigger an impairment analysis. While there may be similar charges in other periods, the nature and magnitude of these charges can fluctuate markedly and do not reflect the performance of Genie’s continuing operations. 

    Captive insurance liability is a non-cash charge incurred by Genie’s insurance operations. While there may be related charges in other periods, the magnitude of these changes can fluctuate markedly and do not reflect the performance of Genie’s continuing operations. Captive insurance losses are excluded from Genie’s calculation of Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS because management believes this allows investors to make more meaningful comparisons of the operating results of Genie’s core business with the results of other companies. 

    Following are the reconciliations of Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP EPS on a consolidated basis to its most directly comparable GAAP measure. Adjusted EBITDA is reconciled to income from operations for Genie Energy on a consolidated basis as well as for GRE. 

    Non-GAAP Reconciliation – Consolidated Adjusted EBITDA

    (in millions)    1Q23     2Q23     3Q23     4Q23     1Q24     2Q24      
    3Q24
        4Q24       1Q25     2023     2024  
    Income (loss) from operations   $ 11.3     $ 15.0     $ 17.9     $ (34.2 )   $ 9.8     $ 10.6     11.7       (20.8 )     12.8     $ 10.0     $ 11.3  
    Add back                                                                                        
    Captive insurance liability   $ 0.0     $ 0.0     $ 0.0     $ 45.1     $ 1.0     $ 0.6     $ 1.0       30.9       0.6     $ 45.1     $ 33.6  
    Depreciation and amortization   $ 0.1     $ 0.1     $ 0.1     $ 0.2     $ 0.2     $ 0.2     0.2       0.2       0.2     $ 0.5     $ 0.9  
    Non-cash compensation   $ 0.8     $ 0.8     $ 0.6     $ 0.5     $ 0.7     $ 0.5     0.6       0.6       0.7     $ 2.7     $ 2.3  
    Impairment   $ 0.0     $ 0.0     $ 0.0     $ 0.0     $ 0.0     $ 0.1     0.1       0.0       0     $ 0.0     $ 0.2  
    Equity in net loss (income) of equity method investees   $ 0.2     $ (0.1 )   $ (0.1 )   $ (0.1 )   $ (0.1 )   $ 0.0     0.0       0.1       0.0     $ (0.1 )   $ 0.2  
    Adjusted EBITDA   $ 12.4     $ 15.8     $ 18.5     $ 11.5     $ 11.7     $ 12.0     13.6       11.1       14.4     $ 58.2     $ 59.5  


    Non-GAAP Reconciliation – GRE Adjusted EBITDA

    (in millions)   1Q25     1Q24     2024     2023  
    Income from operations   $ 16.8     $ 14.2     $ 56.5     $ 71.9  
    Add back                                
    Depreciation and amortization   $ 0.1     $ 0.1     $ 0.3     $ 0.3  
    Stock-based compensation   $ 0.3     $ 0.2     $ 1.1     $ 1.0  
    Impairment   $ 0.0     $ 0.0     $ 0.0     $ 0.0  
    Equity in the income of equity method investees   $ (0.1 )   $ 0.0     $ 0.5     $ 0.0  
    Adjusted EBITDA   $ 17.1     $ 14.6     $ 58.4     $ 73.3  

     Non-GAAP Reconciliation – Consolidated Non-GAAP Net Income Attributable to Genie Energy Ltd. Common Stockholders and Non-GAAP Diluted Income Per Share

    (in millions except for EPS)   1Q25     1Q24     2024     2023  
    Net income attributable to Genie Energy Ltd. common stockholders   $ 10.6     $ 8.1     $ 12.6     $ 19.2  
    Add back                                
    Captive insurance liability   $ 0.6     $ 1.0     $ 33.6     $ 45.1  
    Income tax effect of adjustment   $ (0.2 )     (0.3 )   $ (8.8 )   $ (10.5 )
    Non-GAAP net income attributable to Genie Energy Ltd. common stockholders   $ 11.1     $ 8.9     $ 37.4     $ 53.7  
                                     
    Diluted earnings per share   $ 0.40     $ 0.30     $ 0.46     $ 0.74  
    Total adjustments   $ 0.02     $ 0.03     $ 0.91     $ 1.33  
    Non-GAAP diluted earnings per share   $ 0.42     $ 0.33     $ 1.38     $ 2.06  
                                     
    Weighted average number of shares used in the calculation of diluted earnings per share     26.6       27.3       27.2       26.1  

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