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Category: GlobeNewswire

  • MIL-OSI: Varonis Enhances Threat Detection and Response Capabilities with Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and SAN FRANCISCO, April 29, 2025 (GLOBE NEWSWIRE) — RSA Conference Booth N-5658 — Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today announced the addition of agentic AI to help power its industry-leading Managed Data Detection and Response (MDDR) offering.

    Modern adversaries are weaponizing AI and overwhelming security teams with waves of automated attacks. The only way to stay ahead is to fight AI with AI.

    Varonis’ agentic AI operates autonomously, performing a variety of approved actions independently to speed up triage, investigation, and containment before feeding prioritized incidents to an expert analyst on the Varonis MDDR team.

    “Varonis MDDR customers have a world-class team of human analysts supported by an army of hyper-efficient robots working around the clock to keep their data safe from threats,” said Varonis CEO, President, and Co-founder Yaki Faitelson.

    Varonis agents perform tasks such as correlating log data, associating IP addresses with known threat actors, and eliminating noise so human analysts can focus on more complex tasks. Agents improve over time by actively learning from historical incidents and analyst feedback.

    Agentic AI allows Varonis MDDR to deliver effortless data security outcomes for customers with 24×7 monitoring and an industry-best SLA.

    Varonis’ agentic AI capabilities are now available as a native capability in Varonis MDDR.

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

  • MIL-OSI: Riverview Bancorp, Inc. Announces Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, Wash., April 29, 2025 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on April 24, 2025, its Board of Directors adopted a stock repurchase program.

    Under this repurchase program, the Company may repurchase up to $2.0 million of the Company’s outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. Once the repurchase program is effective, the repurchase program will continue until the earlier of the completion of the repurchase or 12 months after the effective date, depending upon market conditions.

    “We continue to explore opportunities to enhance shareholder value and we believe capitalizing on this opportunity to repurchase common stock is a prudent way of deploying excess capital,” said Nicole Sherman, President and Chief Executive Officer.

    About Riverview
    Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon, on the I-5 corridor. With assets of $1.51 billion at March 31, 2025, it is the parent company of Riverview Bank, as well as Riverview Trust Company. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial, business and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. For the past 11 years, Riverview has been named Best Bank by the readers of The Vancouver Business Journal and The Columbian.

    This press release contains statements that the Company believes are “forward-looking statements.” These statements relate to the Company’s financial condition, results of operations, plans, objectives, future performance or business. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements the Company may make including those described in Item 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2024. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known by the Company.

    Transmitted on Globe Newswire on April 29, 2025 at 6:00AM PDT.

    Contacts: Nicole Sherman
    David Lam
    Riverview Bancorp, Inc. 360-693-6650

    The MIL Network –

  • MIL-OSI: SUNation Energy Announces $1.0 Million Line of Credit

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., April 29, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE) (“SUNation” or “the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, announced that it has entered into a new $1.0 million line of credit agreement with MBB Energy, LLC (“MBB”). As previously disclosed in our SEC filings, MBB Energy, LLC is an affiliate and related party of the Company by virtue of MBB being an entity controlled by Scott Maskin. The revolving line of credit agreement is annexed as an exhibit to our current report on Form 8-K, filed with the SEC on April 17, 2025.

    The line of credit, if utilized, will be used primarily for working capital and corporate purposes. The Company may request one or more loans of up to an aggregate principle amount $1.0 million under this line of credit for a period of one year from the date or entry. Any loans drawn by the Company under this line of credit facility will carry interest on an annualized basis of 8%.

    “We have made significant progress in strengthening our financial profile, with a primary focus on strengthening our balance sheet and enhancing future cash flows, while meeting our financial obligations on a timely basis,” said Jim Brennan, Chief Financial Officer. “Our ability to access this fresh capital on favorable terms provides us with greater financial flexibility to invest in areas that support our long-term growth initiatives. We appreciate the continuing support of MBB.”

    With this line of credit established, the Company intends to seek a new commercial banking relationship that will include a larger commercial line of credit facility.

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:
    Scott Maskin
    Chief Executive Officer
    smaskin@sunation.com

    SUNation Energy Investor Relations
    IR@sunation.com
    (631) 350-9340

    The MIL Network –

  • MIL-OSI: CAI Wins Gold Stevie® Award for Best Technical Support Solution in Computer Services

    Source: GlobeNewswire (MIL-OSI)

    ALLENTOWN, Pa., April 29, 2025 (GLOBE NEWSWIRE) — CAI, a global services firm, announced today it earned the gold Stevie® Award for Best Technical Support Solution in Computer Services. Identified for its efficiency within Service Desk, more than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

    Building on the success from the 2024 bronze Stevie® Award for Best Use of Technology in Customer Service, CAI has further improved Service Desk with innovative capabilities to streamline processes, meeting and exceeding client demands while providing a best-in-class customer experience. With AI-powered chatbots and workflow managers, longstanding partnerships and predictive analytics, the firm’s technology-driven on results in unparalleled technical support.

    “The right technology enables superior experiences,” said Matt Peters, chief technology officer at CAI. “Through constant innovation and refinement, we combine the perfect blend of human and technological power that delivers record-breaking and industry-first results to our clients. Thanks to the talent of our teams and CAI’s ability to rapidly adopt cutting-edge technology, we are able to deliver on those results every day.”

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

    The Stevie® Awards recognize organizations that have demonstrated outstanding achievements in technology and customer service.

    For a full list of Stevie® Technology Award winners, please visit: https://stevieawards.com/aba/technology-awards

    About CAI

    CAI is a global services firm with over 9,000 associates worldwide and a yearly revenue of $1.3 billion+. We have over 40 years of excellence in uniting talent and technology to power the possible for our clients, colleagues, and communities. As a privately held company, we have the freedom and focus to do what’s right—whatever it takes. Our tailor-made solutions create lasting results across the public and commercial sectors, and we are trailblazers in bringing neurodiversity to the enterprise.

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

    Contact:

    Madison Oler
    Sr. PR & Communications Specialist
    CAI
    Madison.oler@cai.io

    The MIL Network –

  • MIL-OSI: Administrative Agreement Concluded with the Bank of Lithuania

    Source: GlobeNewswire (MIL-OSI)

    UAB Urbo Bankas („Bank“), company code 112027077, address: Konstitucijos pr.18B, Vilnius.

    The Bank of Lithuania (BL) conducted a targeted scheduled inspection to assess the Bank’s compliance with anti-money laundering and counter-terrorist financing (AML/CTF) prevention requirements. The inspection revealed violations and deficiencies.

    The Bank acknowledged the identified violations, submitted a remediation plan, and committed to addressing all legal violations and operational shortcomings identified during the inspection. The Bank also informs that a significant portion of the deficiencies identified by BL have already been remedied, and actions to strengthen AML/CTF prevention procedures are ongoing.

    In view of this, the BL accepted the Bank’s proposal to enter into an administrative agreement and imposed the following measures:

    • A warning was issued for deficiencies in internal control procedures related to the roles and responsibilities of the Bank’s departments, conflict of interest management, and informing management about relevant AML/CTF risks;
    • A fine of EUR 290,000 was imposed for violations and deficiencies related to determining the purpose and intended nature of business relationships with clients, the nature of clients’ activities, enhanced due diligence, and procedures and measures for monitoring business relationships and transactions.

    It is emphasized that the Bank has not identified any cases where the deficiencies noted by BL had an impact on its clients or where the Bank was used for AML/CTF purposes.

    More information: Mr. Igor Kovalčuk, Member of the Board, Director of Legal and Compliance Service, Deputy Head of Administration. Phone: + 370 686 34122, email: igor.kovalcuk@urbo.lt

    The MIL Network –

  • MIL-OSI: HTX Launches $TRUMP Promotions: 20% APY, $20,000 Trading Competition, and 0 Fees

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — HTX is launching a series of exclusive promotions for $TRUMP, offering users multiple ways to boost earnings and capture market opportunities amid surging global interest in the token.

    Learn more about the $TRUMP promotions:
    https://www.htx.com.gt/en-us/mars/web/activity-center?callId=174581400284440

    Seize the Momentum with $TRUMP Promotions

    1. Earn $TRUMP with 20% APY – Flexible and Instant Access

    Starting April 26 at 16:00 (UTC), HTX launched a special $TRUMP Flexible Earn offer. Users can subscribe to the $TRUMP Earn product and enjoy an annualized return of up to 20% with hourly compounding. Funds can be deposited and withdrawn at any time for maximum flexibility. Simply log in to the HTX App or website and select the “$TRUMP Flexible” product under “Earn.”

    2. 0 Trading Fees for $TRUMP/USDT Spot Trading

    From April 28 at 10:00 to May 13 at 15:59 (UTC), users can trade the $TRUMP/USDT spot pair with zero trading fees. This limited-time offer lowers trading costs and makes it easier for users to capture potential gains.

    3. $TRUMP Trading Competition to Share 20,000 USDT – Race to the Top

    HTX is hosting a $TRUMP Trading Competition from April 27 at 10:00 to May 4 at 10:00 (UTC).
    Participants who trade $TRUMP spot will be ranked by total trading volume for a chance to share a 20,000 USDT prize pool.
    Bonus: $TRUMP leveraged trades will count 3x toward the total volume.
    Note: Users must register on the event page to qualify for rewards.

    HTX: Empowering Users with Quality Digital Asset Opportunities

    Through Earn promotions, fee-free trading offers, and trading competitions, HTX continues to create a low-cost, high-liquidity trading environment. The $TRUMP campaigns are part of HTX’s broader efforts to enhance user opportunities through curated digital asset offerings, while continuously optimizing platform experience and driving sustainable growth across the global user base.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c52a1adf-dbce-488c-a634-70886fb93017

    The MIL Network –

  • MIL-OSI: Global Artificial Intelligence Influence on Diabetic Retinopathy Market Expected to See Significant Growth

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 29, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to reports from industry insiders the Global AI in Diabetic Retinopathy market is projected to continue to grow at a substantial rate for years to come. According to Metastat, Global AI in Diabetic Retinopathy Market is witnessing unprecedented growth, reshaping the landscape of diagnostic and therapeutic interventions for this prevalent and sight-threatening complication of diabetes. As technology continues to advance, artificial intelligence (AI) is emerging as a transformative force in healthcare, particularly in the domain of diabetic retinopathy (DR), where early detection and timely intervention are critical. The report said “AI applications in diabetic retinopathy are gaining momentum due to their ability to augment traditional diagnostic methods. Image analysis, a cornerstone in the detection of retinal abnormalities, has witnessed a paradigm shift with the incorporation of AI algorithms. These algorithms, trained on vast datasets of retinal images, demonstrate remarkable accuracy in identifying subtle changes indicative of diabetic retinopathy. Consequently, they empower healthcare professionals with more efficient and precise tools for early diagnosis. One of the notable contributions of AI in diabetic retinopathy lies in its potential to address the challenge of limited access to ophthalmic expertise, especially in resource-constrained regions. Automated screening processes, driven by AI, enable remote and quick assessment of retinal images, offering a scalable solution to bridge the gap in healthcare accessibility. This democratization of expertise has the potential to revolutionize the way diabetic retinopathy is diagnosed and managed globally.” According to a report issued by Grand View Research: “the global diabetic retinopathy market size was estimated at USD $9.48 Billion in 2024 and is expected to grow at a CAGR of 6.4% from 2025 to 2030. One of the main factors expected to fuel market expansion is the growing incidence of diabetes in older individuals and the rising prevalence of blindness caused by diabetes. The introduction of novel diagnostic technologies and treatments and the increased awareness are driving the market expansion.”   Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Recursion (NASDAQ: RXRX), Tempus AI, Inc. (NASDAQ: TEM), Predictive Oncology Inc. (NASDAQ: POAI), ADMA Biologics, Inc. (NASDAQ: ADMA).

    The Metastat report continued: “Moreover, AI is not confined to diagnosis alone; it extends its influence on the realm of personalized treatment strategies. Tailoring interventions based on individual patient profiles; AI algorithms enhance the efficacy of therapeutic approaches. This marks a significant departure from conventional one-size-fits-all methodologies, allowing for more precise and targeted treatment plans. The continuous evolution of AI models also holds promise for prognostic applications in diabetic retinopathy. Predictive analytics, driven by machine learning algorithms, analyzes diverse patient data to forecast the progression of the disease. This foresight equips healthcare providers with valuable information to strategize long-term management plans, optimizing outcomes for patients with diabetic retinopathy.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Ainnova Request Pre-Submission Meeting with US FDA for VisionAI Platform Technology – Avant Technologies, Inc. (“Avant” or the “Company”), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced that The Center for Devices and Radiological Health of the U.S. Food and Drug Administration (FDA) has received the company’s submission package requesting a pre-submission meeting with the FDA for its VisionAI platform technology and is now under review.

    Ainnova is requesting a pre-submission meeting with the FDA’s review team to discuss any questions and/or concerns about its proposed formal submission, including seeking advice to finalize the protocol and obtain agency guidance for a clinical trial of its VisionAI platform in the early detection of diabetic retinopathy. A pre-submission meeting allows companies to clarify regulatory requirements, get feedback on their plans, and potentially avoid delays or issues during the formal review process.

    The clinical studies will aim to support an FDA 510(k) submission to obtain clearance from the regulatory agency to market its technology in the U.S.

    Ai-nova Acquisition Corp. (AAC), the company formed by the partnership between Avant and Ainnova to advance and commercialize Ainnova’s technology portfolio, including its VisionAI platform and its versatile retinal cameras, has worldwide licensing rights for this portfolio. The licensing rights include the U.S., where the FDA regulates drug and medical device development, so the success of Ainnova’s interactions with the FDA are paramount to marketing the technology portfolio in the United States.

    Vinicio Vargas, Chief Executive Officer at Ainnova and a member of AAC’s Board of Directors, said, “This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where VisionAI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market. Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product.”

    For medical device applicants like Ainnova, the FDA’s pre-submission program is useful to determine a clear regulatory pathway for the successful launch of the device, including the number of patients and the number of clinics that will be needed to generate the necessary clinical data for the FDA to make an informed decision on Ainnova’s VisionAI platform. For Avant, the pre-submission meeting will help define a precise budget for the strategic partnership’s entire FDA process.   CONTINUED… Read this and more news for Avant Technologies at:   https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the markets recently include:

    Recursion (NASDAQ: RXRX) recently announced it will present preliminary data during the 2025 Digestive Disease Week (DDW) meeting from its ongoing Phase 1b/2 clinical trial, TUPELO, which is evaluating the safety and preliminary activity of REC-4881 for the treatment of familial adenomatous polyposis (FAP). The data will be presented as a late-breaking oral presentation during the Research Forum session on Hereditary GI cancer syndromes on Sunday, May 4, 2025 in San Diego.

    “We are pleased that DDW has recognized the importance of our data in addressing the unmet needs of the FAP patient population, where no FDA-approved therapies currently exist,” said Najat Khan, PhD, Chief R&D Officer and Chief Commercial Officer at Recursion. “MEK 1/2 inhibition for the potential treatment of FAP was identified through our AI-powered Recursion OS platform, which analyzed cellular models of APC gene loss to uncover a potential first-in-disease treatment. We look forward to sharing our preliminary findings in our upcoming DDW presentation in May.”

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced Tempus Loop, a new oncology-focused platform for target discovery and validation. Loop is Tempus’ proprietary approach to novel target identification that integrates real-world patient data (RWD) with human-derived biological models and CRISPR-screens, all leveraging AI to rapidly uncover insights for pre-clinical therapeutic development.

    One of the biggest industry challenges has been translating promising preclinical experiments into treatments that can benefit patients. Conventional approaches in target discovery and validation rely on cell lines or animal models, which may not be reliable representations of human tumors. Loop’s approach is uniquely powerful because it leverages Tempus’ rich RWD to identify patient subpopulations with similar clinical, pathologic, and molecular patterns, followed by use of systems biological approaches to help reveal novel target genes and multimodal signatures. These signatures allow Tempus to seamlessly map patient subcohorts to relevant patient-derived organoids (PDOs), which the company has been expanding for years. By ensuring continuity between RWD and PDOs, Tempus can validate targets using high-throughput functional screens in models that more closely reflect patient attributes. This seamless integration—RWD to PDO and back—can help to enable rapid hypothesis generation and testing in the most relevant disease models, accelerating target discovery and validation.

    Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, recently announced that it has made significant progress along the continuum of biomarker discovery, drug discovery and drug repurposing. These latest developments build upon Predictive’s ongoing initiative to combine its in-house biomarker identification platform with its AI screening capabilities.   Identifying new indications using active machine learning and a biobank of patient derived dissociated tumor cells (DTCs) represents a novel and commercially sustainable approach to repurposing abandoned oncology drugs.

    “This efficient screening approach on a small, curated cohort of abandoned drugs identified three compounds that warrant further exploration in tumor indications that have never been examined in this way,” said Dr. Arlette Uihlein, SVP of Translational Medicine and Drug Discovery and Medical Director at Predictive Oncology. “The work that we have done successfully demonstrates our ability to utilize our active machine learning and biobank of tumor samples to capture patient response heterogeneity in less than 12 weeks.”

    ADMA Biologics, Inc. (NASDAQ: ADMA) (“ADMA” or the “Company”) recently announced U.S. FDA approval of its innovative yield enhancement production process. This innovative process has demonstrated an ability to increase production yields by approximately 20% from the same starting plasma volume.

    “This approval represents a pivotal milestone for ADMA, unlocking the opportunity for meaningful acceleration in our revenue and earnings trajectory beginning in late 2025 and accelerating further into 2026 and beyond,” said Adam Grossman, President and Chief Executive Officer of ADMA. “As the first U.S. producer of plasma-derived products to achieve regulatory approval for its innovative yield enhancement production process, ADMA continues to demonstrate its leadership in modernizing and advancing plasma fractionation through agile, forward-thinking scientific development and execution. We commend our team for driving this novel process from concept to approval with speed and capital efficiency, and we thank the FDA for its thorough and timely review as well as the Agency’s commitment to expanding immune globulin access for immunocompromised patients. Looking ahead, we are excited to continue to advance our internal R&D platform—further optimizing production capabilities and progressing novel pipeline programs, most notably SG-001, our pre-clinical, investigative hyperimmune globulin targeting S. pneumonia, which exemplify our commitment to product and process innovation.”

    About FN Media Group:

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

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

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Resolutions of Nokia Corporation’s Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    29 April 2025 at 15.45 EEST

    Resolutions of Nokia Corporation’s Annual General Meeting

    Espoo, Finland – The Annual General Meeting (AGM) of Nokia Corporation took place today 29 April 2025 in Helsinki, Finland. The AGM approved all the proposals of the Board of Directors to the AGM.

    The AGM adopted the Company’s financial statements, discharged the members of the Board and the President and Chief Executive Officer from liability for the financial year 2024 and adopted the Company’s Remuneration Report and Remuneration Policy. In addition, the AGM adopted the following resolutions.

    Authorization to the Board to decide on the asset distribution 
    The AGM decided that no dividend is distributed by a resolution of the Annual General Meeting and authorized the Board to resolve on the distribution of an aggregate maximum of EUR 0.14 per share as dividend from the retained earnings and/or as assets from the reserve for invested unrestricted equity.

    The authorization is valid until the opening of the next Annual General Meeting. The Board will resolve separately on the amount and timing of each distribution of the dividend and/or assets from the reserve for invested unrestricted equity so that the preliminary record and payment dates will be as set out below. The Company shall make a separate announcement of each such Board resolution confirming the relevant record and payment dates. 

    Preliminary record dates    Preliminary payment dates

    5 May 2025 12 May 2025
    29 July 2025 7 August 2025
    28 October 2025 6 November 2025
    3 February 2026 12 February 2026

    Each installment based on the resolution of the Board of Directors will be paid to a shareholder registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy on the record date of the payment.

    Composition of the Board of Directors
    The AGM resolved to elect ten members to the Board. The following eight members of the Board were re-elected for the term ending at the close of the next Annual General Meeting: Timo Ahopelto, Sari Baldauf, Elizabeth Crain, Thomas Dannenfeldt, Lisa Hook, Mike McNamara, Thomas Saueressig and Kai Öistämö. In addition, the AGM resolved to elect Pernille Erenbjerg and Timo Ihamuotila as new members of the Board of Directors for the same term of office. The qualifications and career experience of the elected Board members are available on the Company’s website at https://www.nokia.com/about-us/company/leadership-and-governance/board-of-directors/meet-the-board/.

    Board members’ remuneration
    The AGM resolved that the annual fees to be paid to the members of the Board for the term ending at the close of the next Annual General Meeting are as follows:

    • EUR 440 000 for the Chair of the Board; 
    • EUR 210 000 for the Vice Chair of the Board;  
    • EUR 185 000 for each member of the Board; 
    • EUR 30 000 each for the Chairs of the Audit Committee and the Personnel Committee and EUR 20 000 each for the Chairs of the Technology Committee and the Strategy Committee as an additional annual fee; and 
    • EUR 15 000 for each member of the Audit Committee and Personnel Committee and EUR 10 000 for each member of the Technology Committee and Strategy Committee as an additional annual fee. 

    The AGM resolved that approximately 40% of the annual fee will be paid in Nokia shares. The rest of the annual fee would be paid in cash to cover taxes arising from the remuneration. The members of the Board shall retain until the end of their directorship such number of shares that they have received as Board remuneration during their first three years of service on the Board. If the term of a Board member terminates before the Annual General Meeting of 2026, the Board has a right to decide upon potential reclaim of the annual fees as it deems appropriate.

    The AGM also resolved to pay a meeting fee of EUR 5 000 per meeting requiring intercontinental travel and EUR 2 000 per meeting requiring intracontinental travel for Board and Committee meetings to all Board members. The meeting fee is paid for a maximum of seven meetings per term. Only one meeting fee is paid if the travel entitling to the fee includes several meetings of the Board and the Committees. The AGM also resolved that the members of the Board of Directors shall be compensated for travel and accommodation expenses as well as other costs directly related to Board and Committee work. 

    Auditor and Sustainability Reporting Assurer
    The AGM re-elected audit firm Deloitte Oy as the auditor for Nokia for the financial year 2026. In addition, the AGM elected authorized sustainability audit firm Deloitte Oy as the sustainability reporting assurer for Nokia Corporation for the financial year 2026. Deloitte Oy has informed the Company that the key audit partner and key sustainability partner will be Authorized Public Accountant (KHT) and Authorized Sustainability Auditor (KRT) Jukka Vattulainen.

    The AGM resolved, in accordance with the Board proposal, that the auditor and the sustainability reporting assurer elected for 2026 be reimbursed based on the purchase policy approved by the Board’s Audit Committee and the invoices approved by the Company

    Authorizations to resolve on the repurchase of the Company’s own shares and on the issuance of shares and special rights entitling to shares 
    The AGM authorized the Board to resolve to repurchase a maximum of 530 million Nokia shares by using funds in the unrestricted equity. Shares may be repurchased to be cancelled, held to be reissued, transferred further or for other purposes resolved by the Board. The shares may be repurchased otherwise than in proportion to the shares held by the shareholders (directed repurchase). The authorization is effective until 28 October 2026 and it terminated the corresponding repurchase authorization granted by the Annual General Meeting on 3 April 2024 to the extent that the Board has not previously resolved to repurchase shares based on the respective authorization.

    The AGM authorized the Board to resolve to issue a maximum of 530 million shares through issuance of shares or special rights entitling to shares under Chapter 10, Section 1 of the Finnish Companies Act in one or more issues. The authorization may be used to develop the Company’s capital structure, diversify the shareholder base, finance or carry out acquisitions or other arrangements, settle the Company’s equity-based incentive plans, or for other purposes resolved by the Board. Under the authorization, the Board may issue new shares or treasury shares held by the Company. The authorization includes the right for the Board to resolve on all the terms and conditions of the issuance of shares and special rights entitling to shares, including issuance of shares or special rights in deviation from the shareholders’ pre-emptive rights within the limits set by law. The authorization is effective until 28 October 2026 and it terminated the corresponding authorization granted by the Annual General Meeting on 3 April 2024. 

    Minutes of the Annual General Meeting 
    The minutes of the AGM will be available on the Company’s website latest on 13 May 2025.

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

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

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

    Inquiries:
    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com  

    The MIL Network –

  • MIL-OSI: Farmers and Merchants Bancshares, Inc. Reports Earnings of $1.2 Million, or $0.37 per Share, for the Three Months Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    HAMPSTEAD, Md., April 29, 2025 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the quarter ended March 31, 2025 was $1.2 million, or $0.37 per common share (basic and diluted), compared to $1.2 million, or $0.39 per common share (basic and diluted), for the same period in 2024. The Company’s return on average equity during the quarter ended March 31, 2025 was 8.22% compared to 9.40% for the same period in 2024. The Company’s return on average assets during the quarter ended March 31, 2025 was 0.57% compared to 0.61% for the same period in 2024.

    Net interest income was $5.5 million for the quarter ended March 31, 2025, an increase of $321 thousand over the $5.2 million reported for the same period in 2024. The increase was due to a 35 basis point increase in the yield on earning assets to 5.03% for the three months ended March 31, 2025 compared to 4.68% for the same period in 2024. Average earning assets increased $10.6 million to $790.6 million as of March 31, 2025. Average loans increased to $593.7 million for the quarter ended March 31, 2025, an increase of $59.1 million over the $534.6 million for the quarter ended March 31, 2024. The combination of higher yields on earning assets plus higher average earning asset balances was the primary reason for the increase. Offsetting the increase in interest income was the higher cost of funds in 2025. The average interest rate paid on interest bearing liabilities was 2.70% for the three months ended March 31, 2025, compared to 2.48% for the same period in 2024. Average interest bearing liabilities increased to $650.0 million, an increase of $23.0 million when compared to the $627.0 million reported as of March 31, 2024.

    A provision for credit losses of $30 thousand was recorded for the quarter ended March 31, 2025 compared to no provision for credit loss for the quarter ended March 31, 2024. The Company’s loan portfolio continues to perform at a high level with just four non-accrual loans totaling $2.6 million and two loans more than 30 days delinquent totaling $577 thousand at March 31, 2025.

    Noninterest income increased slightly to $514 thousand for the quarter ended March 31, 2025 compared to $504 thousand for the same period in 2024. Mortgage banking income increased $24 thousand, income on bank owned life insurance increased $15 thousand, gains on the sale of investment securities increased $94 thousand, and other fees and commissions increased $37 thousand. The increases were offset by a decrease in service charges of $30 thousand and a decrease in insurance proceeds of $143 thousand due to the non-recurring receipt of insurance proceeds during the first quarter of 2024 in connection with storm damage to the Bank’s office building in Upperco, Maryland.

    Noninterest expense was $386 thousand higher for the quarter ended March 31, 2025 when compared to the same period in 2024. This increase was due primarily to a $175 thousand increase in occupancy and furniture and equipment costs, a $101 thousand increase in FDIC premiums, a $33 thousand increase in ATM related costs, and a $96 thousand increase in other expenses. The increase in other expenses was due primarily to legal fees incurred for stockholder matters and additional costs related to the Company’s captive insurance company subsidiary. The Bank’s FDIC assessment expense increased due to higher asset size and higher FDIC assessment rates. The increase in occupancy and furniture and equipment was due primarily to depreciation on the renovations and new equipment for the Bank’s Upperco, Maryland location which was placed in service at the end of the first quarter of 2024 and the Bank’s new Towson, Maryland location that was placed in service during the second quarter of 2024. The increase in ATM related expenses was due to vendor price increases.

    Income taxes decreased by $30 thousand during the quarter ended March 31, 2025 when compared to the same period in 2024 due to lower earnings before taxes. The effective tax rate decreased to 21.3% for the quarter ended March 31, 2025 from 22.1% for the same period last year due to an increase in the amount of nontaxable income included in pretax income year over year.

    Total assets were $817.6 million at March 31, 2025 compared to $844.6 million at December 31, 2024. Compared to December 31, 2024, total loans, net of the allowance for credit losses, increased $17.1 million to $600.0 million at March 31, 2025. Offsetting the increase in loans was a decrease in cash and cash equivalents of $42.0 million. The decrease was primarily due to the funding of new loans of $17.1 million, a decrease in deposits of $23.2 million, and the repayment of $5.0 million of Federal Home Loan Bank borrowings. Deposits decreased to $735.6 million at March 31, 2025 from $758.8 million at December 31, 2024. The Company’s tangible equity was $51.5 million at March 31, 2025 compared to $49.2 million at December 31, 2024.

    The book value of the Company’s common stock increased to $18.44 per share at March 31, 2025 from $17.77 per share at December 31, 2024. Book value per share at March 31, 2025 was inclusive of the $15.6 million unrealized loss, net of income taxes, on the Bank’s available for sale (“AFS”) investment portfolio as a result of higher interest rates. Changes in the market value of the AFS investment portfolio, net of income taxes, are reflected in the Company’s equity, but are not included in the income statement. The AFS investment portfolio is comprised of 72% government agency mortgage backed securities which are fully guaranteed, 22% investment grade non agency mortgage backed securities, less than 1% investment grade corporate and municipal bonds, and 5% subordinated debt of other community banks. There is no indication of credit deterioration in any of the bonds and we intend to hold these investments to maturity, so no actual losses are anticipated. The unrealized loss in the AFS investment portfolio did not impact regulatory capital because the Bank elected many years ago to not include changes in the market value of the AFS investment portfolio in the calculation of regulatory capital regardless of whether they are positive or negative.

    Our Federal Home Loan Bank facility, other borrowing lines available, unpledged securities, brokered deposit access, and cash and cash equivalents provided us with access to approximately $337.8 million of liquidity as of March 31, 2025.

    Gary A. Harris, President and CEO, commented “Our loan growth remains strong with a $17.1 million increase in net loans over the past quarter. We previously announced the opening of the new Towson Commercial Banking Office. Since its inception in June 2024, the office has produced over $29 million in new commercial loans and $8 million in new relationship deposits through March 31, 2025. We believe that this new office will be instrumental in both loan and deposit growth in 2025. Our asset growth along with the Federal Reserve’s three interest rate decreases over the past seven months have led to positive gains in our net interest margin. Asset quality remains high and our liquidity position remains strong. We continue to believe that Farmers and Merchants is well positioned to grow earnings in 2025.”

    About the Company

    The Company is a financial holding company and the parent company of the Bank. The Bank was chartered in Maryland in 1919 and has over 100 years of service to the community. The Bank serves the deposit and financing needs of both consumers and businesses in Carroll and Baltimore Counties along the Route 30, Route 795, Route 140, Route 26, and Route 45 corridors. The main office is located in Upperco, Maryland, with seven additional Maryland branches in Owings Mills, Hampstead, Greenmount, Reisterstown, Westminster, Eldersburg, and Towson. Certain broker-dealers make a market in the common stock of Farmers and Merchants Bancshares, Inc., and trades are reported through the OTC Markets Group’s Pink Market under the symbol “FMFG”.

    Forward-Looking Statements

    The statements contained herein that are not historical facts are forward-looking statements (as defined by the Private Securities Litigation Reform Act of 1995) based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. These statements are evidenced by terms such as “anticipate,” “estimate,” “should,” “will,” “expect,” “believe,” “intend,” and similar expressions. Although these statements reflect management’s good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. These projections involve risk and uncertainties that could cause actual results to differ materially from those addressed in the forward-looking statements. For a discussion of these risks and uncertainties, see the section of the periodic reports filed by Farmers and Merchants Bancshares, Inc. with the Securities and Exchange Commission entitled “Risk Factors”.

     
    Farmers and Merchants Bancshares, Inc. and Subsidiaries
    Consolidated Balance Sheets
    (Unaudited)
     
    Dollars in thousands except per share and share data
     
      March 31, December 31,
        2025       2024  
         
    Assets  
         
    Cash and due from banks $ 21,779     $ 63,962  
    Federal funds sold and other interest-bearing deposits   918       697  
    Cash and cash equivalents   22,697       64,659  
    Certificates of deposit in other banks   100       100  
    Securities available for sale, at fair value   123,780       125,713  
    Securities held to maturity, at amortized cost less allowance for credit    
    losses of $62.5 thousand and $35.6 thousand   21,135       20,499  
    Equity security, at fair value   530       518  
    Restricted stock, at cost   715       921  
    Mortgage loans held for sale   240       157  
    Loans, less allowance for credit losses of $4.3 million and $4.3 million   600,048       582,993  
    Premises and equipment, net   7,316       7,349  
    Accrued interest receivable   2,376       2,439  
    Deferred income taxes, net   7,246       7,606  
    Other real estate owned, net   1,176       1,176  
    Bank owned life insurance   15,429       15,324  
    Goodwill and other intangibles, net   7,024       7,026  
    Other assets   7,746       8,163  
    Total assets $ 817,558     $ 844,643  
         
    Liabilities and Stockholders’ Equity    
         
    Deposits    
    Noninterest-bearing $ 104,379     $ 107,197  
    Interest-bearing   631,219       651,609  
    Total deposits   735,598       758,806  
    Securities sold under repurchase agreements   5,482       5,564  
    Federal Home Loan Bank of Atlanta advances   –       5,000  
    Long-term debt, net of issuance costs   10,858       11,329  
    Accrued interest payable   766       1,003  
    Other liabilities   6,306       6,669  
    Total liabilities   759,010       788,371  
    Stockholders’ equity    
    Common stock, par value $.01 per share,    
    authorized 5,000,000 shares; issued and outstanding    
    3,175,347 shares in 2025 and 3,166,653 shares in 2024   32       32  
    Additional paid-in capital   31,294       31,136  
    Retained earnings   42,777       41,613  
    Accumulated other comprehensive loss   (15,555 )     (16,509 )
    Total stockholders’ equity   58,548       56,272  
    Total liabilities and stockholders’ equity $ 817,558     $ 844,643  
         
         
     
    Farmers and Merchants Bancshares, Inc. and Subsidiaries
    Consolidated Statements of Income
    (Unaudited)
     
    Dollars in thousands except per share data
      Three Months Ended March 31,
        2025     2024  
         
    Interest income    
    Loans, including fees $ 8,366   $ 6,882  
    Investment securities – taxable   1,051     1,579  
    Investment securities – tax exempt   156     137  
    Federal funds sold and other interest earning assets   313     468  
    Total interest income   9,886     9,066  
         
    Interest expense    
    Deposits   4,249     3,101  
    Securities sold under repurchase agreements   17     23  
    Federal Home Loan Bank advances   12     13  
    Federal Reserve Bank advances   –     622  
    Long-term debt   113     134  
    Total interest expense   4,391     3,893  
    Net interest income   5,495     5,174  
         
    Provision for credit losses   30     –  
         
    Net interest income after provision for credit losses   5,465     5,174  
         
    Noninterest income    
    Service charges on deposit accounts   165     195  
    Mortgage banking income   29     5  
    Bank owned life insurance income   105     90  
    Fair value adjustment of equity security   9     (4 )
    Gain on sale of investment securities   94     –  
    Gain on insurance proceeds, net   –     143  
    Other fees and commissions   112     75  
    Total noninterest income   514     504  
         
    Noninterest expense    
    Salaries   2,207     1,976  
    Employee benefits   382     606  
    Occupancy   328     246  
    Furniture and equipment   335     242  
    Professional services   173     205  
    Automated teller machine and debit card expenses   168     135  
    Federal Deposit Insurance Corporation premiums   199     98  
    Postage, delivery, and armored carrier   78     82  
    Advertising   56     48  
    Other real estate owned expense   5     3  
    Other   567     471  
    Total noninterest expense   4,498     4,112  
         
    Income before income taxes   1,481     1,566  
    Income taxes   316     346  
    Net income $ 1,165   $ 1,220  
         
    Earnings per common share – basic $ 0.37   $ 0.39  
    Earnings per common share – diluted $ 0.37   $ 0.39  
         
         
    Farmers and Merchants Bancshares, Inc.
    Selected Consolidated Financial Data
    (Unaudited)
    Dollars in thousands except per share data
           
      As of or For the Three Months Ended March 31,
        2025       2024       2023  
           
    OPERATING DATA      
           
    Interest income $ 9,886     $ 9,066     $ 7,051.53  
    Interest expense   4,391       3,892       1,395  
    Net interest income   5,495       5,174       5,657  
    Provision for credit losses   30       –       (270 )
    Net interest income after provision for credit losses   5,465       5,174       5,927  
    Noninterest income   514       504       382  
    Noninterest expense   4,498       4,112       3,757  
    Income before income taxes   1,481       1,566       2,552  
    Income taxes   316       346       651  
    Net income $ 1,165     $ 1,220     $ 1,901  
           
    PER SHARE DATA      
           
    Net income (Basic and diluted) $ 0.37     $ 0.39     $ 0.62  
    Dividends $ 0.00     $ 0.00     $ 0.00  
    Book value $ 18.44     $ 17.03     $ 16.53  
           
    KEY RATIOS      
           
    Return on average assets   0.57 %     0.61 %     1.05 %
    Return on average equity   8.22 %     9.40 %     15.49 %
    Efficiency ratio   75.23 %     72.42 %     59.55 %
    Dividend payout ratio   0.00 %     0.00 %     0.00 %
    Net yield on interest-earning assets   2.81 %     2.69 %     3.24 %
    Tier 1 capital leverage ratio   9.48 %     9.39 %     9.97 %
           
           
     
    Farmers and Merchants Bancshares, Inc.
    Selected Consolidated Financial Data
    (Unaudited)
    Dollars in thousands except per share data
           
      As of or For the Three Months Ended March 31,
        2025       2024       2023  
           
    AT PERIOD END      
           
    Total assets $ 817,558     $ 794,593     $ 722,679  
    Gross loans   604,352       541,398       525,485  
    Cash and cash equivalents   22,697       25,633       9,566  
    Securities   145,569       182,325       146,300  
    Deposits   735,598       655,978       637,309  
    Borrowings   10,858       71,742       24,625  
    Stockholders’ equity   58,548       53,077       50,757  
           
    SELECTED AVERAGE BALANCES      
           
    Total assets $ 816,760     $ 799,841     $ 723,106  
    Gross loans   593,653       534,566       525,516  
    Cash and cash equivalents   26,648       37,224       8,719  
    Securities   169,215       208,134       169,873  
    Deposits   634,274       550,010       501,185  
    Borrowings   4,946       69,551       36,124  
    Stockholders’ equity   54,127       51,928       49,071  
           
    ASSET QUALITY      
           
    Nonperforming assets $ 3,789     $ 1,898     $ 1,898  
           
    Nonperforming assets/total assets   0.46 %     0.24 %     0.26 %
           
    Allowance for credit losses/total loans   0.71 %     0.80 %     0.87 %
           
    Contact: Mr. Gary A. Harris
    President and Chief Executive Officer
    (410) 374-1510, ext. 1104
       

    The MIL Network –

  • MIL-OSI: Outbrain to Release First Quarter 2025 Financial Results on May 9, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), which is operating under the new Teads brand, announced today that the company will release its first quarter 2025 results before the market opens on Friday, May 9, 2025, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company’s results and business outlook.

    The conference call can be accessed live over the phone by dialing 1-877-497-9071 or for international callers, 1-201-689-8727. A replay will be available two hours after the call and can be accessed by dialing 1-877-660-6853, or for international callers, 1-201-612-7415. The passcode for the live call and replay is 13753068. The replay will be available until May 23, 2025.

    Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of the Company’s website at https://investors.outbrain.com/. The online replay will be available for a limited time shortly following the call.

    About The Combined Company

    Outbrain Inc. (Nasdaq: OB) and Teads combined on February 3, 2025 and are operating under the new Teads brand. The new Teads is the omnichannel outcomes platform for the open internet, driving full-funnel results for marketers across premium media. With a focus on meaningful business outcomes, the combined company ensures value is driven with every media dollar by leveraging predictive AI technology to connect quality media, beautiful brand creative, and context-driven addressability and measurement. One of the most scaled advertising platforms on the open internet, the new Teads is directly partnered with more than 10,000 publishers and 20,000 advertisers globally. The company is headquartered in New York, with a global team of nearly 1,800 people in 36 countries.

    Media Contact

    press@outbrain.com

    Investor Relations Contact

    IR@outbrain.com

    (332) 205-8999

    The MIL Network –

  • MIL-OSI: Primech AI Secures Foothold in Europe’s Rapidly Growing €10+ Billion Service Robotics Market Through Strategic Partnership with TCOrobotics GmbH

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its strategic entry into the European market through a Memorandum of Understanding (MOU) with TCOrobotics GmbH, establishing a distribution framework for its innovative HYTRON, AI-powered autonomous bathroom cleaning robots across Germany, Austria, and Switzerland (DACH region).

    The two-year agreement positions Primech AI to capitalize on Europe’s booming service robotics market, currently valued at over €10 billion annually and projected to reach €20-30 billion by 2030. With European service robot suppliers representing approximately 44% of global providers, this partnership gives Primech AI access to one of the world’s most sophisticated robotics ecosystems.

    “Europe represents an exceptional growth opportunity for Primech AI, with the EU service robotics market experiencing double-digit annual growth driven by labor shortages, technological advances, and increasing acceptance of automation solutions,” said Charles Ng, Co-Founder and Chief Operating Officer of Primech AI. “Our partnership with TCOrobotics gives us an immediate market presence in the DACH region, which is at the forefront of adopting innovative cleaning technologies and boasts some of the world’s leading robotics companies.”

    The European market is particularly receptive to autonomous cleaning solutions, with specialized cleaning robots seeing increased deployment following the COVID-19 pandemic. The region’s high labor costs, aging workforce, and strict hygiene standards in commercial facilities create ideal conditions for Primech AI’s HYTRON robots, which offer cost-effective, consistent cleaning performance.

    Under the terms of the MOU, TCOrobotics, based in Vaihingen an der Enz, Germany, will oversee all aspects of regional distribution, including installation processes, maintenance, technical support, and customer training. The Company will work closely with Primech AI to ensure consistent quality standards and effective implementation of HYTRON robots at customer facilities.

    “We’re seeing tremendous demand for advanced cleaning automation across the DACH region,” said Aleksandar Birmanac, CEO of TCOrobotics GmbH. “Primech AI’s HYTRON robots represent a perfect solution for facilities managers looking to address labor shortages while improving cleaning consistency and operational efficiency. We anticipate strong adoption across a variety of commercial settings.”
    This European expansion represents a significant milestone in Primech AI’s global growth strategy and offers substantial potential for revenue growth in a market expected to double in value by 2030. The Company’s entry into Europe also benefits from the EU’s supportive policy environment for robotics innovation while meeting the region’s stringent regulatory requirements.

    According to the International Federation of Robotics, Primech AI’s expansion comes at a time when specialized professional service robots for cleaning saw 12% year-over-year growth globally in 2022. The DACH region specifically has seen accelerated adoption of cleaning robots in commercial settings following the pandemic, with businesses increasingly viewing robot deployment as both a practical necessity and a marketing advantage that signals cleanliness and technological sophistication to customers.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

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

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

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

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

    The MIL Network –

  • MIL-OSI: Locus Technologies Releases the First Fully Integrated Software Suite for Water Quality, Water Compliance, and Water Sustainability Programs

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, announced the release of Locus Water, the first end-to-end, AI-ready software that has been future-proofed for the water utility industry. The suite is uniquely built upon state-of-the-art multitenant cloud, metadata-driven software-as-a-service (SaaS) architecture, empowering water and wastewater utilities to adapt to shifting priorities and address current demands without redundant data entry, compatibility issues, or technical gaps.

    “Utilities have struggled with fragmented, outdated, or single-purpose systems for too long,” said Neno Duplan, founder and CEO of Locus Technologies. “That’s why Locus Water is a game-changer for water pros trying to keep up with everything from DMRs, CCRs, PFAS and compliance to cyber security and customer outreach. We’re unifying the entire water lifecycle – from source to discharge and from metrics to quality.”

    Locus Water is comprised of eight optional and unified software apps: Drinking Water Compliance, Backflow Prevention, Industrial Pretreatment, Water Metrics, Stormwater Inspections, Test Equipment Management, Watershed Maintenance, and Customer Complaints to help water professionals efficiently leverage the data generated by diverse water initiatives for tracking, tasking, and reporting. Additional purpose-built apps are slated for release after the completion of ongoing beta tests with several water districts. As part of the software release, Locus also announced an incentive program to help water utilities quickly migrate to the new technology.

    “Water is the world’s most precious resource, and it warrants technology that rises to that level of significance,” said Duplan. “Locus Water enables true digital transformation and raises the bar for the entire industry.”

    All applications in the Locus Water collection support data capture from mobile, IoT devices, and API connectors, and they share a common user interface, a workflow engine, a reporting dashboard, GIS, Single Sign-On (SSO) and enterprise-grade security, and configuration tools for power users to adjust the software. The configurable nature of the metadata-driven architecture positions Locus clients to quickly respond to regulatory changes, emerging contaminants, and EHS compliance and ESG/CSRD requirements from the same interface.

    To learn more about Locus Water and its water quality and analytical software that has been used by municipal water districts across the U.S. for more than a decade, please visit http://www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit http://www.locustec.com or email info@locustec.com.

    The MIL Network –

  • MIL-OSI: Willis Lease Finance Corporation Closes Three Additional JOLCO Deals, Bringing Total JOLCO Financings to Nearly $120M

    Source: GlobeNewswire (MIL-OSI)

    COCONUT CREEK, Fla., April 29, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced the closing of three Japanese operating lease with call option (“JOLCO”) transactions, totaling US$64.8 million in financing. Two of the loans closed in the first quarter of 2025 for a PW1127GA-JM engine and a PW1133G-JM engine, respectively, and mature in 2033. The third loan closed in April of 2025 for a LEAP-1A engine and matures in 2034. These transactions bring WLFC’s total JOLCO financings to approximately US$119.8 million.

    “The JOLCO market remains an attractive way to diversify financing options and we’re proud to deepen our relationship with Japanese counterparties,” said Scott B. Flaherty, WLFC EVP and Chief Financial Officer. “Through global capital sources like this, WLFC is able to offer our airline customers compelling lease and financing solutions.”

    WLFC closed its first JOLCO engine transaction in August of 2023.

    Willis Lease Finance Corporation
    Willis Lease Finance Corporation (“WLFC”) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.

    Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.

    The MIL Network –

  • MIL-OSI: Hanmi Releases 2024 Annual Shareholder Letter

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 29, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced the release of its 2024 annual letter to shareholders entitled “Successfully Navigating a Dynamic Market Environment” authored by President and Chief Executive Office Bonnie Lee. To view the letter please visit Hanmi Financial Corporation (HAFC).

    About Hanmi Financial Corporation

    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Investor Contacts:
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    lfortuna@finprofiles.com
    310-622-8251

    The MIL Network –

  • MIL-OSI: SEON Powers Fraud Prevention for Tecovas Across the Brand’s Rapidly-Growing Retail and E-Commerce Operations

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 29, 2025 (GLOBE NEWSWIRE) — SEON, a leader in digital fraud prevention and compliance, today announced Tecovas, the world’s fastest-growing Western brand, has adopted SEON’s technology to strengthen security and streamline fraud detection across its retail and e-commerce operations.

    Recognizing the increasing importance of protecting both online and in-store transactions, Tecovas took a proactive approach to preventing fraudulent charges, particularly chargebacks. To maintain a seamless shopping experience and improve operational efficiency, the company sought a smarter, more automated approach to fraud prevention.

    Tecovas implemented SEON alongside Shopify’s built-in fraud detection to strengthen fraud prevention without disrupting operations. SEON’s AI-driven technology enables Tecovas to reduce manual review times and improve detection accuracy while decreasing false positives and negatives, creating a smoother and more secure shopping experience.

    “We’re excited to partner with SEON and leverage their expertise to take our fraud prevention efforts to the next level,” said Michael Draper, Vice President, Engineering, Tecovas. “SEON’s proactive approach aligns with our goal of ensuring a seamless and secure experience for our customers, whether they’re shopping online or in-store.”

    “Innovative retailers like Tecovas choose SEON because of our expertise, cutting-edge technology and commitment to delivering industry-leading service,” said Matt DeLauro, President, GTM, SEON. “We work closely with our customers to ensure they not only stop fraud more effectively, but also maintain an optimal customer experience. We’re excited to support Tecovas as they continue to grow and redefine modern Western retail.”

    About SEON
    SEON helps risk teams detect and stop fraud and money laundering while ensuring regulatory compliance. By combining real-time digital footprint analysis, device intelligence and AI-driven rules, SEON empowers over 5,000 businesses globally to prevent threats before they occur. With integrated fraud prevention and AML capabilities, SEON operates from Austin, London, Budapest and Singapore. Learn more at seon.io.

    Media
    Press@seon.io

    The MIL Network –

  • MIL-OSI: Sky Quarry Taps TAR360 to Drive Production Growth and Operational Excellence at Foreland Refinery

    Source: GlobeNewswire (MIL-OSI)

    WOODS CROSS, Utah, April 29, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or the “Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced it has engaged Kevin Arrington of TAR360 as a strategic consultant. Arrington will work closely with the Sky Quarry team to accelerate the company’s growth trajectory, optimize internal processes, and support execution across key operational initiatives.

    The consulting engagement will focus on a production scale-up strategy at the Company’s Foreland Refinery, Nevada’s only operational crude oil refinery. The initiative includes optimizing existing infrastructure and implementing a clear roadmap to initially increase output by up to 125%, from 20,000 to 45,000 barrels per month, and ultimately by up to 300% to 80,000 barrels per month.

    By improving distillation and refracturing processes at the Foreland Refinery, Sky Quarry is driving greater refining efficiency and accelerating the conversion of recycled liquid asphalt from waste shingles into blended, sustainably produced fuels and other high-value materials. The Company believes that this initiative will reinforce its position as a next-generation energy provider and will enhance its ability to meet rising regional demand, particularly as California faces ongoing fuel supply constraints driven by refinery closures and tightening environmental regulations.

    “As we scale Sky Quarry into a fully integrated waste-to-energy platform, it’s critical that our internal systems evolve with our growth,” said David Sealock, CEO of Sky Quarry. “Kevin Arrington and TAR360 bring a proven track record of transforming complex operations into high-performance systems, delivering measurable results for companies like BP, Shell, and Boeing. By leveraging that expertise, we’re strengthening our foundation for disciplined growth, operational excellence, and long-term shareholder value.”

    Arrington and TAR360 will also help design and implement a practical operating framework that connects day-to-day activities with Sky Quarry’s broader business goals, ensuring teams are aligned, performance is measurable, and resources are focused where they will have the greatest impact on the Company’s operating results. At the same time, he will evaluate and upgrade the Company’s internal reporting systems, giving the Board and executive leadership better access to timely, decision-ready information to support strategic oversight and improve transparency.

    About Kevin Arrington and TAR360

    Kevin Arrington is the founder of TAR360, a performance consulting firm with over 15 years of experience driving operational improvements across the energy, aviation, and manufacturing sectors. Known for delivering measurable results, including nearly $1 billion in added revenue at BP’s Whiting Refinery and significant efficiency gains at Shell, Boeing, and American Airlines, Arrington applies a proprietary 16 Dimensions Framework to identify performance gaps and streamline complex systems. His engagement with Sky Quarry will focus on scaling production at the Foreland Refinery, aligning internal operations, and strengthening governance systems to support the Company’s next phase of sustainable growth.

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include “forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network –

  • MIL-OSI: Helport AI Congratulates Brand Ambassador Ben Griffin on First PGA TOUR Victory at Zurich Classic

    Source: GlobeNewswire (MIL-OSI)

    Former Mortgage Loan Officer Turned PGA TOUR Champion Embodies Helport AI’s Mission to Empower Excellence

    SINGAPORE and SAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today congratulated brand ambassador Ben Griffin on capturing his first PGA TOUR title at the 2025 Zurich Classic of New Orleans alongside his friend and tournament partner, Andrew Novak, at TPC Louisiana in Avondale, Louisiana. Griffin sank a 35-foot birdie putt on the 17th hole to help seal the victory in the rotating format of four-ball and foursomes tournament, and is now ranked No. 21 in the FedExCup standings.

    Griffin’s remarkable journey—stepping away from professional golf to work as a mortgage loan officer before returning to the PGA TOUR—mirrors the spirit of resilience, performance, and empowerment that Helport AI strives to bring to customer-focused industries like mortgage lending. After reaching a career-high world ranking of No. 48, Griffin’s breakthrough win highlights the rewards of perseverance, preparation, and precision under pressure.

    “We are incredibly proud to celebrate Ben’s victory at the Zurich Classic,” said Guanghai Li, Chief Executive Officer of Helport AI. “Ben exemplifies the values we champion at Helport AI: a relentless pursuit of excellence, an unwavering commitment to growth, and the belief that the right tools and mindset can help individuals perform at their highest potential.”

    Helport AI’s flagship platform, AI Assist, acts as a real-time co-pilot for mortgage loan officers and other customer contact teams across financial services, including insurance and consumer financing. The technology provides intelligent conversation guidance, dynamic compliance support, and actionable insights—helping users achieve better customer outcomes, lower operational costs, and drive business growth.

    As a former loan officer himself, Griffin’s story resonates deeply with Helport AI’s mission of enhancing human performance through cutting-edge technology.

    “I know firsthand how demanding and high-pressure customer-facing roles can be,” said Ben Griffin. “That’s why I’m proud to partner with Helport AI, a company committed to giving professionals the tools they need to perform at their best. Winning the Zurich Classic is a dream come true, and I’m excited to continue growing both on and off the course with Helport by my side.”

    Griffin’s victory at the Zurich Classic marks a milestone not only in his professional golf career but also in the evolution of Helport AI’s growing partnerships with champions across industries who embody the pursuit of excellence.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, AI Assist, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools designed to drive sales, improve customer engagement, and lower costs. The Company’s mission is to empower everyone to work as an expert—using AI to elevate, not replace, human capability. Learn more at www.helport.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Media Contact
    Helport AI Investor Relations
    Email: ir@helport.ai
    Website: https://ir.helport.ai/

    External Investor Relations Contact
    Chris Tyson
    Executive Vice President, MZ North America
    Direct: +1 949-491-8235
    Email: HPAI@mzgroup.us
    Website: www.mzgroup.us

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88ab4713-9616-4e80-94ef-ef16ae696bc4

    The MIL Network –

  • MIL-OSI: XRP News: XenDex Presale To Hit Soft Cap In Few Hours, $XDX Price Rises After Soft Cap Sell Out, Secure Your XDX Now!

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, April 29, 2025 (GLOBE NEWSWIRE) — XenDex, the revolutionary all-in-one decentralized exchange built on the XRP Ledger, is on the brink of selling out its presale and early buyers may never see these current prices again, In just the first week of its presale launch, over 30% of the token presale has already been sold, setting the stage for what many now predict could be a complete sellout within 2 weeks.

    Currently, excitement grows across the crypto industry amid US SEC dropping the XRP Ripple Lawsuit and clearing ProShares to launch XRP Futures ETFs. A new decentralized finance project, XenDex is seizing the moment to reshape the XRP Ledger ecosystem.

    Buy $XDX Token Now

    XDX Price Set to Increase After Today

    Currently, 1 XRP = 10 XDX, But once the soft cap is filled, 1.25 XRP will be required to purchase 10 XDX.

    That’s a 25% increase after the soft cap is raised, and with demand surging, this is the final opportunity to buy $XDX at its lowest possible rate.

    The new Ripple based DeFi is already offering its native token for sale at a very cheap price, ready to raise major funds in record time for advancement and further development of the project. The new XRP project has become the talk of the XRP community and investors are already jumping onboard, convinced XDX will deliver massive returns and position itself as XRP’s breakout altcoin by 2025.

    XenDex promotes itself as a transformative platform combining the power of Artificial Intelligence (AI) with an ultra-fast and low-fee XRP Ledger (XRP).

    Join XenDex Presale

    Smart contracts are currently undergoing comprehensive audits, and the platform will be fully non-custodial with transparent DAO-based governance. Early adopters participating in the presale will benefit from staking rewards, airdrops, and priority access to upcoming product launches.

    As the market looks toward a possible XRP ETF launch, projects like XenDex are building the infrastructure needed to support this wave of adoption. With its blend of automation, community empowerment, and high-speed execution, XenDex is positioning itself as the primary DeFi gateway for XRP-based assets.

    Join the Movement Now!

    Website: https://xendex.net
    XenDex Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Gitbook Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/85f7e1e8-5eee-4a30-9a74-b94f17b1a6ce

    The MIL Network –

  • MIL-OSI: JOYY Inc. Filed 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on April 29, 2025, Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.joyy.com.

    The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at joyy-ir@joyy.com.

    About JOYY Inc.

    JOYY is a leading global technology company with a mission to enrich lives through technology. With a diversified product portfolio spanning live streaming, short-form videos, casual games, instant messaging, and emerging initiatives like advertising, JOYY has evolved beyond social entertainment into a multifaceted ecosystem powered by AI and data-driven technologies. Headquartered in Singapore and operating across the globe, JOYY has fostered a vibrant user community through its localized strategies. JOYY’s ADSs have been listed on the NASDAQ since November 2012.

    Investor Relations Contact

    JOYY Inc.
    Jane Xie/Maggie Yan
    Email: joyy-ir@joyy.com

    ICR, LLC.
    Robin Yang
    Email: joyy@icrinc.com

    The MIL Network –

  • MIL-OSI: Best No KYC Casinos: JACKBIT Is Ranked Top No Verification Casino With Exclusive Bonuses

    Source: GlobeNewswire (MIL-OSI)

    LARNACA, Cyprus, April 29, 2025 (GLOBE NEWSWIRE) — No KYC casinos are ruling the gambling landscape recently. With numerous available options, it might be overwhelming for players to choose the best No KYC casino for better and safer iGaming. After reviewing multiple No KYC casino platforms, our experts found that JACKBIT is one of the best No KYC casinos of 2025.

    JOIN JACKBIT NOW!

    However, what helps JACKBIT stand out from the rest of the casinos? Is it the wide array of 7000+ games, multiple payment options, beneficial bonuses, or a safe gaming experience? Let’s have a detailed breakdown of what makes JACKBIT the best No KYC option for both seasoned gamblers and beginners exploring the new landscape. So, here is what JACKBIT has in store for you.

    JACKBIT Casino: The Best No KYC Casino In 2025

    JACKBIT is one of the most popular and widely accepted no KYC casinos in 2025. With a sleek design, easy navigation, and user-friendly interface, JACKBIT has offered an unmatched iGaming experience since its launch in 2022. This no KYC casino platform has a noteworthy game library that offers over 7000+ different casino games, and one of the best sportsbooks, making JACKBIT the hub for most casino and gambling lovers.

    Along with diverse and engaging games, JACKBIT, the no KYC crypto casino, has the best crypto sportsbook that has 82,000+ live events monthly, 75,000+ pre-match events monthly, 4500+ betting free spins, and 140+ sports types. Talking about the bonuses and promotions, JACKBIT offers the best welcome bonus with no wagering free spins, tournaments, rakeback, VIP club offers, and many more.

    CLAIM 100 FREE SPINS + 30% RAKEBACK—ZERO KYC REQUIRED!

    Moreover, JACKBIT no verification casino is a multiple-currency casino that provides fiat as well as cryptocurrencies. The registration and account creation of this no ID verification casino are simple, with no KYC verification procedures. Furthermore, the license from the Curacao Gaming Control Board ensures that JACKBIT, the no KYC crypto casino, is a reliable casino platform with transparent and safe services.

    Pros And Cons Of JACKBIT

    Before you enter the world of casinos, it is important to understand the advantages and disadvantages the platform holds. Similar to any form of entertainment casino also comes with its own set of pros and cons. Although you have analyzed the key features and attractions of JACKBIT in the earlier section, let’s have a closer look at its pros and cons.
    Pros

    • Provides engaging 7000+ casino games and the best crypto sportsbook.
    • Offers an attractive welcome bonus with no wagering requirements.
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    • With crypto and fiat transaction options, JACKBIT, the no KYC crypto casino, offers instant and lightning-fast transactions.
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    Cons

    • Not all games offered by JACKBIT, the no KYC crypto casino, are available in every region.
    • Beginners might feel slight confusion and technical challenges, especially during crypto transactions.

    How To Join JACKBIT No KYC Casino

    As mentioned in the earlier section, the registration procedures of JACKBIT, the best no KYC casino, are easy, fast, and hassle-free. As the platform is free of KYC verifications, players can enter the casino straight away without providing sensitive and personal information. The complete guide to joining JACKBIT is as follows:

    1.   Visit the official website of JACKBIT

    As the first step, you have to visit the official website of JACKBIT. Go through the terms and conditions and rules provided by the casino and ensure that they suit your needs. Once you have finalized the platform, click on the “Log In” or “Register” option located in the top right corner of the screen.

    2.   Create your account

    Once you click the Register icon, you will be asked to provide certain details, including your email address, a secure password, the country you reside in, and your preferred currency. After providing these details, agree to the terms and conditions and proceed with account creation.

    3.   Make your first deposit

    After activating your account, you must make the first deposit to continue with the games. To do this, head to the “wallet” section and select the deposit method of your choice. JACKBIT offers multiple payment options, including cryptocurrencies, Mastercard, Visa, Apple Pay, Google Pay, and more.

    4.   Enjoy your games and win big

    Once the first deposit is completed, you can navigate to the casino or sportsbook section and choose the game of your choice. Start playing and earn big wins through safe and responsible gambling.

    Best No KYC Casino: Games Offered By JACKBIT

    JACKBIT offers a wide range of casino games and a crypto sportsbook for its players. With over 7000+ casino games, JACKBIT no verification casino ensures that all its players, whether beginners or experts, gain a premium gaming experience with safety and transparency. This platform makes iGaming engaging with a diverse category of games. Some of the popular ones include:

    Casino Slots
    Casino slots are one of the most engaging and exciting categories of games available at JACKBIT. In the 6,000+ casino games offered by this platform, diverse slots will be the most popular ones. Moreover, you will find different types of slot games including Gates of Olympus, Candy Rush, Sweet Bonanza, Fat Banker, and Wanted Dead or a Wild. So, with multiple options, the no KYC casino slots at JACKBIT make your gaming experience engaging and exciting.

    Live Casino Games
    A wide variety of live casino games is a standout feature of JACKBIT, making it an engaging platform. This best no KYC casino has an excellent collection of 248 live dealer games. With card and table games, the live dealers at JACKBIT offer a gaming experience that just makes the players feel like a real casino.

    Whether it be Bitcoin Baccarat, Online roulette, or Bitcoin Blackjack, JACKBIT has everything in store for you. With a wide variety of live casino games, this best no KYC casino ensures that every player, beginner as well as experts, enjoy this platform.

    Poker
    Poker games, whether it be video poker or table poker, JACKBIT has an extensive collection of these varieties. With instant and fast blockchain-based payments, the poker games can be enjoyed without delays or distractions. Some popularly chosen poker varieties at JACKBIT, the no verification casino, include Caribbean Stud Poker, Teen Patti, Caribbean Poker, Casino Holdem, Jacks or Better, Oasis Poker, and Texas Hold’em Poker 3D.

    Exclusive Mini Games
    Along with table games, blackjack, baccarat, roulette, and more, JACKBIT also offers a wide range of mini games. Most of these mini-games are fast, funny, and engaging crash games that offer instant results. The popular mini games offered by JACKBIT include Dino, Aero, SpeedX, Chicken, and so on.

    GRAB 30% RAKEBACK + 100 FREE SPINS—NO KYC, INSTANT PAYOUT!

    JACKBIT Bonuses And Promotions
    Gambling is gaining more and more importance these days. More than just entertainment, casino gambling has become a part of the everyday life of most gamblers. So, most of them search for the best benefits for the deposits they make. One of the leading and renowned no KYC casinos of 2025, JACKBIT has a diverse store of bonuses and promotions, elevating the gaming experience and winning possibilities of every player.

    • Welcome Casino Bonus

    Bonus of 30% Rakeback + 100 Free Spins + No KYC
    No wagering 100 free spins for every player who makes a first deposit of $50 or more. This bonus can be activated within 24 hours of the first deposit using a FreeSpin promo code, “WELCOME.”

    • Other Casino Bonuses
      • Tournaments
        Exclusive tournaments like Play Big, Win Bigger, offer tempting prize pools and free spins. These tournaments ensure 1000 free spins daily and an exciting prize pool of $10,000 weekly.
    • Drops & Wins
      This is a Network Promotion by Pragmatic Play. It includes 48 and 7-day tournaments. The expected prize pool of the entire Network Promotion is €24,000,000, and the total expected prize pool of each stage of the Network Promotion is €2,000,000.
    • JACKBIT Sports Bonuses
      • NBA Playoffs
        Place a minimum bet of $10 on the NBA playoffs and earn 10% cashback of a maximum of $100.
    • Sports Welcome Bonus
      This is a 100% no-risk bonus. The minimum stake to qualify for the bonus is $20, and the maximum bonus amount is $100.
    • 3+1 FreeBet
      In this bonus, the 4th ticket will be free and offered as a gift. So, to qualify, players have to place 3 bets and will get the 4th bet for free and unlimited.
    • Other JACKBIT bonuses
      • Rakeback VIP Club
        This bonus offers various benefits for VIP club members, including faster accumulation of points, instant rakeback, diverse and special games and sports, and so on.
    • Social Media Bonuses
      Special bonuses and rewards are offered to those who join the socials of JACKBIT.

    JOIN JACKBIT TODAY FOR 30% RAKEBACK & 100 SPINS—KYC-FREE!

    Payouts And Transactions At JACKBIT No KYC Casino

    JACKBIT ensures that all the transaction needs of its players are addressed without fail. So, this platform provides a multiple-currency system. Whether you are a crypto enthusiast who chooses fast flashing transactions or someone who seeks fiat options, JACKBIT has both options tailored for you.

    As JACKBIT accepts 17 cryptocurrencies, most players choose to deposit and withdraw money through this method. Almost all the major cryptocurrencies like Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance, Tether, Solana, Shiba, and others are accepted on this platform.

    As mentioned, JACKBIT has fiat payment options for those who do not opt for cryptocurrencies. This no KYC casino offers 24 different fiat deposit methods, including Mastercard, Apple Pay, Google Pay, Visa, Skrill, Neteller, Pix, bank transfer, and so on. However, remember, while crypto transactions offer a no KYC option, fiat payments ight need KYC verification. Moreover, fiat options cannot be used for withdrawals, as to take out the winnings, players have to choose between any cryptocurrencies.

    Self-Exclusion Tools Offered By JACKBIT
    A reputable no KYC casino, JACKBIT, values the safety of its players. So, the best no KYC casino offers multiple options that allow players to play safely and responsibly. Some of the self-exclusion methods offered by JACKBIT are:

    • Account limits: This is a method that helps players set daily, weekly, or monthly deposit limits for their accounts.
    • Time-out periods: JACKBIT allows players to take short breaks from gambling for 24 hours, 72 hours, or a couple of days to avoid addictions.
    • Self-Exclusion: If a player has more serious issues or addiction, JACKBIT helps those players exclude themselves from gambling for an extended period from 6 months to 5 years.

    Is JACKBIT A Trustworthy No KYC Casino In 2025?

    Wondering whether JACKBIT is a trustworthy platform or not? You are not alone. Although JACKBIT is a popular no KYC casino and one of the best casino platforms available in 2025, it is normal to have doubts about the reputation of the platform. Even though casinos come with certain inherent risks, JACKBIT casino without KYC, reduces them to a certain extent with its reputation, license, and fairness. In this section, let’s have a detailed look at how safe and reliable this no KYC casino is.

    License and reputation

    The first and foremost thing that ensures the reliability of JACKBIT, the best no KYC casino, is the license and certification it holds. According to official data, this casino without KYC is licensed by the Curacao Gaming Control Board. This anonymous casino is one of the most reputable and recognized organizations in the gambling landscape. So, as licensed by this organization, JACKBIT functions under a set of rules and laws recognized by it. So, we can ensure that JACKBIT is a reliable and trustworthy casino platform.

    Provably Fair Gameplay

    JACKBIT is a no KYC casino that includes over 2000+ renowned game providers. Some of the most popular ones include BGaming, AvatorUX, Apollo Play, Backseat Gaming, Booming Gaming, and more. Moreover, this anonymous casino platform follows the provably fair gameplay and works on a certified Random Number Generator (RNG) system, making things more transparent and fair.

    Transparent payment facilities

    The diverse cryptocurrency transaction facilities ensure that JACKBIT anonymous casino follows a transparent payment facility. Despite the instant deposits and withdrawals, the transaction speed and blockchain-based payment confirm that the transactions will be conducted within seconds or minutes without any unnecessary distractions.

    Players’ experience

    At JACKBIT, the experience of the players is the most valued. In order to ensure that all its players enjoy their gaming, the platform offers a minimal and easy-to-navigate interface with a clutter-free website. Moreover, JACKBIT no verification casino has a well-optimized website that works well on both desktop as well as mobile devices. Furthermore, this no KYC casino has a 24/7 live chat facility that works to address and rectify all the issues and concerns of its players.

    JACKBIT Casino Conclusion: The Best No KYC Casino In 2025

    As we reach the conclusion of this review about JACKBIT, it is clear that this no KYC casino is one of the best casinos available in 2025. This platform opens a wide array of exciting, fun, and engaging games along with noteworthy bonuses for its users. One of the best crypto sportsbooks is also available on JACKBIT.

    The total casino games, sports, and others offered by this platform exceeds 7000 in number. Among these, over 6000+ are casino games from different categories such as poker, table games, instant wins, slots, and so on. You have also come across the diverse and beneficial bonuses and promotions, ranging from welcome bonuses to tournaments and cashbacks.

    The safety and transparency maintained by JACKBIT also make it the best no KYC casino in 2025. With 17+ cryptocurrencies and other transaction methods, JACKBIT offers no KYC registration and payment facilities.

    So, the personal data collected by this platform is less compared to traditional casinos. Moreover, the games included in this casino are RNG-certified and follow provably fair gameplay. The Curacao license that JACKBIT owns also confirms that the casino is reliable and follows officially recognized laws and frameworks.

    So, altogether, JACKBIT had succeeded in proving its safety and reliability, making it one of the best and most trusted no KYC casinos of 2025. Now, the ball is in your court. It’s you, the players, who have to identify the potential benefits and bonuses of the platform and play ideally to earn significant rewards. So, responsibly and safely. Sometimes you might be a spin away from your jackpot.

    ACTIVATE YOUR 30% RAKEBACK + 100 FREE SPINS—START WINNING!

    FAQ’s About Best No KYC Casino 7Bit

    Does JACKBIT require KYC verification?

    JACKBIT allows players to engage in the diverse games offered on this platform without a KYC verification. However, the platform may ask for KYC verification while using fiat transactions.

    Is JACKBIT a legal no KYC casino?
    Yes. JACKBIT is a legal no KYC casino with a license from the Curacao Gaming Control Board. However, the legality and regulations of the casino differ depending on the region from which you access it.

    Does JACKBIT offer a mobile app?

    As JACKBIT has a well-optimized website that suits all devices, the casino does not need a separate mobile application.

    Is a VPN needed to use JACKBIT?

    A VPN is not mandatory to use JACKBIT. However, this casino is a VPN-friendly platform.

    How does JACKBIT handle players’ personal data?

    JACKBIT has advanced encryption methods and no KYC registration facilities, which help safeguard the user data easily and effectively.

    Email: support@jackbit.com

    Legal Disclaimer

    This content is for informational purposes only and not legal, financial, or gambling advice. Ensure compliance with local gambling laws. No warranties are made regarding accuracy. Readers are responsible for verifying information and ensuring legal compliance. Gambling may be restricted in some regions.

    Affiliate Disclosure

    Some links may be affiliate links, earning a commission at no cost to you. Recommendations are based on objective evaluation, and partnerships do not influence conclusions.

    Disclaimer: This press release is provided by the Jackbit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/39a4bb9e-6ef6-487b-93b8-2fedae326e5e

    The MIL Network –

  • MIL-OSI: APR Energy Delivers 150MW Fast Power to Support Mexico’s Grid

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., April 29, 2025 (GLOBE NEWSWIRE) — New APR Energy LLC (“APR Energy”), a global leader in fast-track power generation, has secured a contract to deliver 150 megawatts (MW) of power generation to support Mexico’s national utility ahead of the summer peak in Baja California. The project will mobilize six high-output mobile gas turbines, with full operational readiness targeted within 90 days—demonstrating APR Energy’s continued ability to deploy flexible, utility-scale solutions under accelerated timelines.

    This project highlights the strength of APR Energy’s seasoned leadership team, which has successfully delivered mobile power generation in over 35 countries—often in mission-critical environments requiring speed, reliability, and precision. Their operational expertise ensures disciplined execution at every stage, from mobilization to grid integration.

    Aligned with APR Energy’s broader strategy, the initiative reflects the company’s focus on meeting both immediate grid challenges and long-term power needs through flexible, scalable generation solutions. With a versatile fleet and a proven execution model, APR is positioned to meet rising demand across a wide range of industries and operational requirements.

    “This deployment reflects the unprecedented demand for reliable power across multiple sectors,” said Chuck Ferry, Chairman and CEO of APR Energy. “We see continued opportunities to deploy additional capacity from APR’s fleet in the near term. With world-class power assets and an experienced, high-performing team, APR is once again delivering fast, dependable power where it’s needed most.”

    APR Energy continues to leverage its asset management agreement with Duos Technologies Group, Inc., which provides value-added services that support the company’s operations.

    To learn more about APR Energy, please visit www.aprenergy.com.
    To learn more about Duos Technologies Group (Nasdaq: DUOT), please visit www.duostech.com

    About APR Energy
    APR Energy, based in Jacksonville, Florida, provides rapidly deployable mobile power solutions to utility and data center operators, offering emergency, temporary, bridging, and permanent energy options. For more than 20 years, APR Energy has partnered with customers around the world to deliver fast, reliable power using mobile gas turbines. The company creates unique value by executing large-scale projects in weeks or months—far faster than the 2–5 years typically required to construct permanent infrastructure. For more information, please visit www.aprenergy.com.

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

    The MIL Network –

  • MIL-OSI: Synchronoss Technologies Announces the Successful Completion of Debt Refinancing

    Source: GlobeNewswire (MIL-OSI)

    BRIDGEWATER, N.J., April 29, 2025 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, announced that it has entered into an agreement with TP Birch Grove to refinance its existing senior notes and term loan facilities with a new $200 million, four-year term loan, extending the maturity of its debt and further enhancing the Company’s financial flexibility.

    Proceeds from the Term Loan will be used to repay the remaining $73.6 million principal of the original $75 million term loan facility and the $121 million remainder of the senior notes. The company will use approximately $8 million in funds off its balance sheet to complete the transaction, including fees, call protection payments, and accrued interest.

    The Term Loan carries a maturity date of April 24, 2029, and is priced at SOFR plus 700 basis points, with one 50bps leverage-based stepdown. TD Cowen served as Exclusive Financial Advisor for the term loan refinancing.

    “We’re pleased to announce the successful completion of our new term loan facility, which allows us to retire our senior notes and extend the maturity of our debt obligation until 2029. This eliminates the near-term overhang associated with the now-retired senior notes and adds to the financial stability of the Company,” said Lou Ferraro, Chief Financial Officer of Synchronoss. “This refinancing significantly improves our capital structure, which in turn provides Synchronoss with the ability to further invest in our Personal Cloud solution as well as provide greater operational flexibility moving forward. Considering the volatility surrounding the financial markets at this time, we’re pleased to provide shareholders with an additional level of certainty in our operations. We’re also once again grateful to TP Birch Grove, who also led our $75 million term loan refinancing in 2024, and TD Cowen for their outstanding partnership and support throughout the process.”

    TD Cowen acted as Exclusive Financial Advisor to Synchronoss. Kirkland & Ellis, LLP served as legal counsel to Synchronoss. Cahill Gordon & Reindel LLP served as legal counsel to TP Birch Grove.

    About Synchronoss
    Synchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at www.synchronoss.com.

    Media Relations Contact:
    Domenick Cilea
    Springboard
    dcilea@springboardpr.com

    Investor Relations Contact:
    Ryan Gardella
    ICR for Synchronoss
    SNCRIR@icrinc.com

    The MIL Network –

  • MIL-OSI: authID Announces Strategic Partnership with TechDemocracy to Accelerate Passwordless Identity for Workforce & Customer Access

    Source: GlobeNewswire (MIL-OSI)

    Leading cybersecurity services firm to train its team on authID’s biometric authentication and verification platforms, aiming to accelerate the adoption of secure and privacy-preserving passwordless solutions.

    Denver, Colorado and Piscataway, New Jersey, April 29, 2025 (GLOBE NEWSWIRE) — authID, a leading provider of identity proofing and biometric authentication, today announced a partnership with TechDemocracy, a global cybersecurity services firm with over 25 years of Identity and Access Management (IAM) expertise, to expand the industry’s familiarity with authID’s platform and further the transition to frictionless, passwordless sign-ins.

    As a newly designated integration services partner, TechDemocracy will certify an initial cohort of 25 professionals on authID’s Proof, Verified, and PrivacyKey™ solutions. This cohort will be certified to consult, implement, operate, and support authID’s platform, which features one-in-one-billion false-match accuracy rates and lightning-fast verification speeds. It also provides companies with unparalleled peace of mind through its PrivacyKey technology, which ensures compliance and privacy through a groundbreaking private/public key process that stores zero biometric data.

    “Passwordless authentication is more than a trend—it’s a transformational shift,” said Viresh Garg, SVP of Cybersecurity & Emerging Technologies at TechDemocracy. “By partnering with authID, we’re helping enterprises embrace secure, frictionless access experiences through identity proofing, all while bringing the speed, structure, and advisory depth customers expect from us.”

    As part of this partnership, TechDemocracy will also be developing a library of QuickStart accelerators to embed authID’s biometric verification and continuous user authentication capabilities into digital identity journeys built on Ping Identity and Microsoft Entra. These accelerators enable rapid deployment of secure, low-friction authentication flows for both Workforce IAM and CIAM use cases.

    “We’re excited to expand our partner portfolio with authID’s leading biometric solutions that complement and work with our existing identity security partners,” added Todd Rossin, CEO & Chief Strategy Officer of TechDemocracy. “This partnership broadens and strengthens the capabilities we provide our customers and further fosters the widespread adoption of passwordless security.”

    “We are thrilled to welcome TechDemocracy as a strategic partner,” said Rhon Daguro, CEO of authID. “Their deep IAM expertise and unique focus on usability, security, and cost optimization will empower more organizations to fully unlock the value of authID’s passwordless identity—enabling faster, smarter transitions to frictionless, yet highly secure authentication experiences.”

    As part of their collaboration, authID and TechDemocracy will co-author a series of white papers, co-host webinars, and lead roadshows to help organizations navigate the shift from passwords to modern, biometric-first authentication.

    In addition, TechDemocracy is offering a series of complimentary one-day workshops led by its Field CISO team to help organizations evaluate their access management strategy, assess their current platform investments, compare passwordless options, and understand best practices for implementing biometric-based authentication at scale.

    Connect with TechDemocracy about authID’s platforms by emailing authID@techdemocracy.com.

    About authID

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey Solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    For more information, please visit authid.ai.

    About TechDemocracy

    With over two decades of cybersecurity expertise and 1600+ global engagements, TechDemocracy specializes in workforce IAM and customer identity & access management (CIAM), governance, risk and compliance (GRC), holistic cybersecurity, and managed security services. Combining cutting-edge technology, certified experts, and proven processes, the company helps organizations secure their digital infrastructure and manage risk. Contact us to elevate your cybersecurity posture with us. With a global presence in the US, India, Canada, and the Philippines, TechDemocracy fully manages identity security solutions throughout the entire identity journey. For more information, visit www.techdemocracy.com

    Media Contacts

    NextTech Communications

    Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    TechDemocracy

    Rashmi Shrivastava
    marketing@techdemocracy.com

    +1 732 404 8350

    The MIL Network –

  • MIL-OSI: ACM Research Announces Preliminary Unaudited Revenue and Shipments for the First Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    Coincides with Release of ACM Shanghai First Quarter 2025 Results
    ACM Reaffirms 2025 Revenue Outlook

    FREMONT, Calif., April 29, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announces expectations for preliminary unaudited revenue and total shipments for the first quarter of 2025. Today’s release coincides with the as-scheduled release of unaudited financial results by ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary (“ACM Shanghai”), to the Shanghai Stock Exchange website [link to China Disclosure].

    ACM will discuss its full financial results for the first quarter 2025 and its revenue outlook for the remainder of the year on its earnings call on Thursday, May 8, 2025, at 8 a.m. Eastern Time (8 p.m. China Time).

    ACM announces the following:

    • preliminary unaudited revenue for the first quarter of 2025 is expected to be in the range of $165 million to $170 million, which would represent year-to-year growth of 8.4% to 11.7%.
    • preliminary total shipments for the first quarter of 2025 are expected to be in the range of $154 million to $157 million, which would represent a year-to-year decrease of 36% to 37%.   This decrease is due in part to customer pull-ins in the fourth quarter of 2024, which contributed to stronger total shipments for that period. For reference, combined total shipments for the fourth quarter of 2024 and the first quarter of 2025 are expected to grow by 8% to 9% versus the prior year periods. We anticipate a return to year-on-year growth in total shipments for the second quarter of 2025.
    • re-affirms full year 2025 revenue outlook in the range of $850 million to $950 million, which would represent year-to-year growth of 9% to 21%.

    Actual unaudited first quarter 2025 results are subject to the completion of ACM’s quarter end closing procedures and review by ACM’s independent registered public accounting firm.

    ACM currently owns an 81.1% equity interest in ACM Shanghai, and a substantial majority of ACM’s consolidated revenue and net income is contributed by ACM Shanghai. The stand-alone financial results of ACM Shanghai are reported in RMB as prepared in accordance with Chinese generally accepted accounting principles, and those results will differ, potentially materially, from ACM’s consolidated revenue and net profit for the period, which will reflect additional financial and operational items and will be prepared in U.S. dollars in accordance with U.S. generally accepted accounting principles.

    About ACM Research, Inc.

    ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

    Forward-Looking Statements

    Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

    © ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.

    For investor and media inquiries, please contact:
       
    In the United States: The Blueshirt Group
      Steven C. Pelayo, CFA
      +1 (360) 808-5154
      steven@blueshirtgroup.co
       
    In China: The Blueshirt Group Asia
      Gary Dvorchak, CFA
      +86 (138) 1079-1480
      gary@blueshirtgroup.co

    The MIL Network –

  • MIL-OSI: BigCommerce and Feedonomics Announce Winners of APAC Region Customer and Partner Awards to Honor Exceptional Contributions and Results in Ecommerce

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 29, 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 the winners of the 2025 BigCommerce and Feedonomics Customer and Partner Awards. The awards programs recognize the most innovative and inspiring customers and partners doing big things on the BigCommerce and Feedonomics platforms.

    “We’re proud to recognise the outstanding achievements of our BigCommerce and Feedonomics customers and partners across the APAC region, who continue to drive innovation, embrace cutting-edge strategies and deliver exceptional results,” said Shannon Ingrey, vice president and general manager of APAC at BigCommerce. “Our partners’ forward-thinking approaches from modernising systems play a vital role in helping brands thrive in the digital landscape and help our brands achieve their commerce goals. Our customers’ innovation and success on our platform inspire us every day.”

    This year’s APAC awards featured 16 categories across BigCommerce customers and partners and Feedonomics partners with applicants evaluated by a panel of BigCommerce and Feedonomics employees and executives. The awards recognized one winner for each category based on their accomplishments.

    2025 BigCommerce Customer Award Winners

    Achievement in Growth: Highlighting exceptional growth and success achieved with BigCommerce.

    B2B Excellence Award: Recognizing leadership in B2B ecommerce that redefines what’s possible

    Design Award: Celebrating captivating storefront designs that inspire and engage customers.

    Shopper Experience Award: Acknowledging exceptional customer and user experiences that set new standards.

    Innovation Award: Honoring cutting-edge solutions that push the boundaries of ecommerce.

    2025 BigCommerce Agency Partner Winners

    Agency Partner of the Year: Awarded to the partner with the best overall performance across metrics and collaboration efforts in APAC as a whole between January 1, 2024 – December 31, 2024.

    Agency B2B Excellence Award: Awarded to agency partners that have a background in B2B problem solving, efficiencies and utilize B2B-centric product features and who consistently demonstrate superiority at meeting the complex needs of BigCommerce’s B2B customers.

    User Experience & Design Award: Awarded to an agency partner who creates world-class, visually appealing designs that enhance user experience, drive interactivity, and increase conversions.

    Creative Problem Solving Award: Awarded to agency partners who have created a world class, visually appealing design that enhances the user experience and leads to higher interactivity and conversion.

    Excellence in Delivery Award: Awarded to agency partners that consistently demonstrate the ability to successfully launch their clients’ BigCommerce storefronts on time and on budget, with high levels of customer satisfaction.

    2025 BigCommerce Technology Partner Winners

    Tech Partner of the Year Award: Awarded to technology partners whose integration features a superior user experience demonstrated by a high volume of installation and positive user reviews plus successful co-marketing activity over the last year.

    Innovative Integration Award: Awarded to technology partners that have built a new integration or feature that solves a critical need for BigCommerce customers.

    Customer Growth Award: Awarded to technology partners whose outstanding solution has generated the most revenue growth for BigCommerce customers, while aligning with BigCommerce initiatives.

    User Experience Award: Awarded to technology partners whose integration delivers a best-in-class user experience based on simplicity of app install and configuration process, ease of use and beautiful design.

    2025 Feedonomics Partner Winners

    Feedonomics Partner of the Year: Awarded to the Omnichannel Certified Agency that sourced the highest revenue for Feedonomics. This award highlights agencies that demonstrate exceptional results and sustained impact on merchant success.

    Emerging Partner: Celebrates a rising agency partner that has shown exceptional promise and leadership. This award honors partners making a meaningful impact with innovative strategies and measurable results.

    To join the BigCommerce and Feedonomics ecosystem of agency and technology partners, 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 Feedonomics
    Feedonomics is a leading data management platform powering omnichannel growth for the world’s top brands and retailers. With its flexible technology and full-service support team, Feedonomics facilitates a variety of data and order management use cases across industries such as ecommerce, automotive, employment, travel, real estate, and more. Feedonomics has thousands of active customers, integrations with hundreds of ecommerce platforms and channels, and strategic partnerships with industry leaders like Amazon, Meta, Google, Microsoft and TikTok. For more information, please visit www.feedonomics.com or follow us on X, LinkedIn, Instagram and Facebook.

    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: Aemetis to Benefit From EPA’s Approval of 15 Percent Ethanol Blend

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a diversified global renewable natural gas and biofuels company, announced today that the U.S. Environmental Protection Agency (EPA) issued a waiver allowing a 15 percent blend of ethanol (E15) to continue to be sold after May 1st which will benefit the company through increased demand and sales of the renewable fuel nationwide. The average blend of ethanol in the U.S. in 2024 was 10.4% and 14.2 billion gallons. The adoption of E15 allows up to a 50% increase in the market for ethanol in the U.S.

    “The EPA’s action allowing nationwide E15 sales to continue is a significant step toward increasing the demand for ethanol and has broad support for permanent approval from the President, as well as numerous members of Congress,” stated Eric McAfee, Chairman and CEO of Aemetis. “Permanent national approval of E15 would allow the demand for ethanol to grow as consumers nationwide benefit from lower-cost, domestic, renewable fuel that lowers the price of gasoline and supports rural communities with good jobs throughout the country.”

    The EPA has indicated its intent to ensure that E15 remains available throughout the summer driving season. The EPA’s action applies throughout the United States, except California. The E15 blend is expected to help American drivers save money at the pump, reduce carbon emissions, strengthen rural economies, and enhance U.S. energy independence, according to the Renewable Fuels Association.

    California is now the only state in the US that has not approved the E15 blend and typically has the highest average gasoline prices nationwide. To address the situation, Governor Gavin Newsom earlier this year issued a letter to the California Air and Resources Board (CARB) requesting completion of the study required to adopt E15 in California.

    The adoption of a 15 percent ethanol blend in California is projected to create more than 600 million gallons per year of new biofuels demand and save consumers an estimated twenty cents per gallon, or approximately $2.7 billion at the pump each year, according to a UC Berkeley and US Naval Academy study. Californians would also benefit from reduced greenhouse gas emissions from the increased use of ethanol, and reduced exposure to benzene and other carcinogens in gasoline.

    Senate Bill 2707, the “Nationwide Consumer and Fuel Retailer Choice Act,” was recently introduced into the U.S. Congress by 14 senators. This bill proposes the permanent sale of year-round E15 throughout the United States, except in states such as California that have their own fuel regulations. The E15 blend is approved for use in more than 95 percent of vehicles on the road today, according to the EPA.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and biofuels company focused on the operation, acquisition, development, and commercialization of innovative technologies that support energy independence and security. Founded in 2006, Aemetis operates and is expanding a California biogas digester network and pipeline system to convert dairy waste into renewable natural gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that also supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year biofuels facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel biorefinery and a carbon sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; statements related to the development, engineering, financing, construction, timing, and operation of biodiesel, biogas, sustainable aviation fuel, CO2 sequestration, and other facilities; our ability to promote, develop, finance, and construct such facilities; and statements about future market demand and market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to many risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to government policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network –

  • MIL-OSI: Kaltura Announces “Connect on the Road 2025” Conference Schedule: Join Experts from IBM, AWS, JPMorgan Chase & Co, Bloomberg, Adobe, and more in Exploring Digital Immortality and Institutional Knowledge Activation in the Age of Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    New York, April 29, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, today announced the lineup of speakers for the company’s annual Connect on the Road conference. Coming to New York (May 13th), San Francisco (May 15th), and London (May 20th), the sessions will focus on “Digital Immortality” and how AI is reshaping the ways organizations are creating living content archives to fuel smarter decisions and continuous personalization. 

    “Every enterprise knows that knowledge, whether institutional, operational, customer-centric or otherwise, drives business growth”, said Nohar Zmora, SVP Head of Marketing at Kaltura. “Digital immortality is about more than preserving information, it’s about using AI to make knowledge accessible, actionable, and alive across the enterprise. When AI becomes a strategic layer in the video database, it shapes employee and customer experiences, accelerates learning, and enables personalization we’ve never seen before.”  

    With hundreds of executives and leaders in Marketing, Communications, and Enterprise Media expected to attend, guests will have the opportunity to hear from some of the expert voices leading AI-driven transformations within their organizations, including: 

    • Toni VanWinkle, Vice President Digital Employee Experience, Adobe 
    • Phil Le-brun, Director, Enterprise Strategy, AWS 
    • Bill Macaitis, Advisor, former CMO, Slack & Zendesk 
    • Judy Lee, Senior Director, Global Brand Experiences, Pinterest 
    • Bruce Ableson, Senior Director of Global Readiness and Enablement, Adobe  
    • Viral Sanghvi, Senior Manager, Global Sales & Communications Platforms, Vanguard 
    • Davood Shamsi, Director of AI/ML, JPMorgan Chase & Co.  
    • RJ Crowder-Schaefer, Global Head of Event Product & Technology, Bloomberg  
    • Jennifer Sacks Tobener, VP, Digital & Marketing Technology, Salesforce 
    • Rodrigo Davies, AI Product Leader, Figma 
    • Amy Tennison, VP of TechXchange, IBM 
    • Unmesh Suryawanshi, Head of Streaming and Security, Visa 
    • Chris Hamilton, Senior Global Communications Director, AstraZeneca Pharmaceuticals 
    • Santiago Casto, Global Head of Automation and AI, MUFG 

    Among the topics that will be explored are: 
    1) Agentic AI that can think and execute decisions is turning corporate knowledge into a proactive, hyper-personalized, intelligent system.  
    2) Transforming content into “Living archives” with content that self-updates, contextualizes insights, and delivers hyper-relevant knowledge based on a user’s real-time needs.  
    3) Creating enduring, engaging institutional memory sources that don’t disappear with employee turnover but scale across teams, leveraging proven messaging and strategies.  
    4) Ensuring brand continuity with consistent messaging across customer and user interactions to enhance engagement.  
    5) Tackling AI ethics & ownership questions, such as who controls knowledge? How can organizations shape, govern, and direct AI-driven decision-making?  

    Attendees will also get front-row, hands-on demos of several of Kaltura’s next-generation AI platform’s new capabilities, including the Customer Experience Genie and Work Genie AI agents. These agents redefine and hyper-personalize customer engagement, employee onboarding and training by transforming search within a video library into interactive, conversational journeys tailored to each user. The Kaltura Content Lab, also available for demo, enables creators to quickly transform long-form video content into engaging, bite-sized experiences. With a single click, Content Lab generates clips, video quizzes, summaries, and chapters from videos and audio, saving time, reducing costs, and maximizing content value. These products mark a shift from passive video consumption into active, personalized experiences, reflecting Kaltura’s differentiated approach to AI – rooted in a proprietary cloud-based database, built for secure enterprise environments, and designed to transform passive content into actionable business value.  

    Kaltura will also be hosting its Education Connect on the Road track in both Europe and the US, kicking off in Utrecht, Netherlands, on May 12th. The events will bring together leaders in higher education to share insights on how they are using AI and additional new technologies to improve education, increase engagement, and more. See more locations and details here. 

    Reserve your spot at a location that works for you here. 

    About Kaltura 
    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s AI Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; and entertainment, and monetization. For more information, visit www.corp.kaltura.com. 

    The MIL Network –

  • MIL-OSI: Rate Launches ‘Rate Portfolio’ to Deliver Flexible Mortgage Financing Solutions for Modern Borrowers

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 29, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced the launch of Rate Portfolio, a suite of flexible mortgage products created to meet the needs of today’s increasingly diverse borrower landscape. Rate Portfolio offers customized financing solutions that move beyond rigid income qualifications and traditional lending limitations, enabling more people to realize their homeownership goals.

    Rate Portfolio reflects a significant step forward in Rate’s product strategy, designed specifically for self-employed individuals, small business owners, freelancers, property investors, and other well-qualified borrowers whose financial profiles don’t align with conventional standards.

    “At Rate, we think that homeownership should be accessible to well-qualified borrowers, regardless of how their income is structured,” said Shant Banosian, President of Rate. “Rate Portfolio lets us serve entrepreneurial borrowers with lending solutions tailored to their unique financial situations.”

    The suite includes four primary offerings:

    • Rate Portfolio Self-Employed – Accepts flexible income documentation to qualify on business cash flow
    • Rate Portfolio Assets – Allows qualification based on assets alone or to supplement other types of income
    • Rate Portfolio Investor – Qualifies solely on property cash flow
    • Rate Portfolio Buy Before You Sell – Enables a new home purchase without needing to sell a current home first

    These custom loan products offer significant advantages in a competitive purchase market, giving buyers tools to make non-contingent offers and move quickly without traditional financing roadblocks.

    “We’ve listened to the market and built Rate Portfolio to serve the real-world needs of modern borrowers,” said Kate Amor, EVP, Head of Enterprise Products at Rate. “From property investors and sole proprietors, to entrepreneurs and gig workers, or borrowers with significant assets, Rate Portfolio unlocks common-sense financing options that weren’t previously accessible to hardworking Americans through traditional lending channels.”

    According to recent data, investment purchases by small and mid-sized investors represented roughly 25% of U.S. home sales last year, demonstrating the growing need for products like Rate Portfolio Investor. Additionally, the self-employed and gig economy workforce is expanding faster than the overall labor force, requiring lenders to rethink how creditworthiness is evaluated.

    As borrower profiles and income structures continue to shift, lenders who offer responsible and common-sense financing solutions stand out. Rate Portfolio is built around this philosophy—accommodating each borrower’s unique and often complex financial situation to make homeownership more accessible for well qualified borrowers.

    To learn more, please visit: https://rate.com/lp/rate-portfolio

    About Rate

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

    Press Contact

    press@rate.com

    The MIL Network –

  • MIL-OSI: QuestionPro and PerformancePoint LLC Partner to Drive Business Transformation with Data-Driven Cultures, Leadership, and Engagement

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 29, 2025 (GLOBE NEWSWIRE) — QuestionPro, a global leader in online survey and research services, is joining forces with PerformancePoint LLC, a premier consulting firm specializing in culture, leadership and engagement, to revolutionize the way organizations turn insights into action.

    This partnership goes beyond traditional employee engagement surveys and culture assessments—it provides real-time, actionable intelligence that fuels meaningful transformation. By integrating QuestionPro’s advanced employee experience and data management platform with PerformancePoint’s deep expertise in leadership and culture consulting, businesses gain a powerful, end-to-end solution to drive long-term success.

    What makes this partnership different?

    • Beyond Data, Towards Action: Most engagement surveys stop at data collection. This collaboration ensures that insights are not just gathered but translated into sustainable cultural change.
    • Real-Time Decision-Making: Organizations can access live dashboards and predictive analytics to make proactive decisions that improve employee and customer experiences.
    • A Science-Backed, Human-Centered Approach: Combining novel technology with hands-on consulting means companies don’t just react to problems—they prevent them.
    • True Culture Transformation: Instead of surface-level fixes, businesses get a proven methodology to build resilient, high-performing teams.

    “For companies committed to creating and sustaining high–performance cultures, our collaboration with PerformancePoint provides new tools,” said Arti Bedi Pullins, President at QuestionPro. “This partnership ensures organizations don’t just track engagement—they create workplaces where employees thrive and customers stay loyal.”

    “At PerformancePoint, we know that culture isn’t just a buzzword—it’s the backbone of successful businesses,” said Brad Federman, CEO of PerformancePoint LLC. “With QuestionPro’s technology and our consulting expertise, we help companies unlock the full potential of their people, transforming engagement into a competitive advantage.”

    This partnership is designed for organizations that want to maximize ROI on employee engagement and leadership development, reduce costly turnover, and build cultures that sustain business success in an ever-changing world.

    About QuestionPro
    Founded in 2006, QuestionPro is a global provider of online survey and research services that help companies make better decisions through data. Our fully integrated online platform includes surveys, research & insights, customer experience (CX) and workforce/employee experience software. We additionally offer polling, journey mapping, employee 360s, and data visualization. Our clientele ranges from small businesses to Fortune 100 companies, who rely on us for insights about customers, employees, and the marketplace. With offices in the US, Canada, Mexico, U.K., Germany, Japan, Australia, the United Arab Emirates and India, we offer customers 24-7 access to highly trained support specialists and engineers. More information is available at https://www.questionpro.com/us/

    About PerformancePoint LLC
    PerformancePoint LLC is a top-tier consulting firm specializing in employee and customer experience. With expertise in culture transformation, leadership development, and engagement strategies, PerformancePoint helps organizations create environments where employees and businesses thrive.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/06a2f5fe-b0f1-4e33-a5e3-5965a4690110

    The MIL Network –

  • MIL-OSI: As European carmakers navigate the autonomous car race, Lighty’s new AI edge software offers them a lifeline amid rising tariffs

    Source: GlobeNewswire (MIL-OSI)

    Zurich, April 29, 2025 (GLOBE NEWSWIRE) — As European automakers face increasing tariffs and mounting pressure from American and Asian competitors in the autonomous driving race, leading Swiss AI startup Lightly today launches LightlyEdge – a groundbreaking edge-based data collection solution that could help level the playing field. At a time when Bosch is cutting 12,000 jobs and Mercedes is offering up to €500,000 for voluntary exits, clearly being effective and efficient matters for automotive companies. Lightly’s innovation tackles a critical bottleneck in AI development: capturing only the data that truly matters, directly at the source. This offers a strategic advantage at a time when workforce reductions threaten to slow in-house development and widen the gap with faster-moving rivals.

    As companies around the world race to develop safer autonomous vehicles, the fundamental challenge remains the same: they are drowning in data and the resulting costs. While collecting large volumes of data is essential, the difficulty lies in identifying what’s truly relevant. As AI models grow more sophisticated, so does the redundancy in the data feeding them. LightlyEdge solves this problem by making intelligent decisions about what data to keep at the moment of capture, before it enters the storage and processing pipeline.

    The LightlyEdge data collection report. 

    LightlyEdge deploys intelligent models directly onto vehicles’ cameras and sensors. The system revolutionizes data collection by analyzing video footage in real-time as it’s being captured, automatically identifying rare and valuable scenarios – like a child at a crossroad or an accident in snowy conditions – while ignoring redundant data that adds no value to training datasets. This approach dramatically slashes unnecessary storage and bandwidth costs while ensuring training datasets become more comprehensive, diverse, and optimized for real-world driving conditions.

    “This launch is a fantastic opportunity to increase development cycles for autonomous driving and driving assistance,” said Matthias Heller, Co-Founder of Lightly. “With LightlyEdge, our partners can harness smarter, real-time data collection that not only accelerates AI model training but also provides a competitive edge against established industry giants. By focusing on quality data from uncommon scenarios and hazards, we’re empowering a new era of innovation that will drive the future of mobility.”

    Lightly founders Matthias Heller and Igor Susmelj.

    The timing of LightlyEdge’s release is particularly significant. European automotive manufacturers are working to maintain their position against competitors like Tesla, whose innovative “Active Learning” approach – feeding only the most valuable data into AI models – has become a benchmark for the industry. While European companies have a rich history of engineering excellence, they now have an opportunity to leverage artificial intelligence’s potential to overhaul their operations.

    LightlyEdge captures data from cameras. 

    Building on what Lightly already achieved with LightlyOne in data centers, this new product shifts the intelligence right to where it’s needed – the edge devices in vehicles themselves. LightlyEdge gives developers real-time feedback and smart capture capabilities directly on the road. With its easy-to-use interface, teams can quickly deploy their AI models, keep an eye on them, and make them better over time – all of which dramatically speeds up how fast they can bring innovations to life.

    That speed is becoming essential. As European carmakers are feeling the squeeze from global competitors and tough trade barriers.LightlyEdge offers them a way to innovate faster while keeping costs down. By being smarter about what data they collect, these manufacturers can build better autonomous driving systems in less time and with fewer resources. This might be exactly what they need to win the autonomous car race.

    Ends

    Media images are here 

    About Lightly
    Lightly was founded in Zurich, Switzerland by Matthias Heller and Igor Susmelj, former ETH and Harvard students who worked in autonomous driving and research on computer vision and deep learning. 

    Lightly helps companies to build better machine learning models faster through better data. Data to train machine learning models is currently the biggest bottleneck in AI development. Today, Lightly is used by Fortune 500 companies and startups in autonomous driving, robotics, and video analytics. For more information, please visit https://www.lightly.ai/ or follow the company on Twitter, LinkedIn or Facebook. 

    The MIL Network –