Category: GlobeNewswire

  • MIL-OSI: EZCORP Reports Second Quarter Fiscal 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 28, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its second quarter ended March 31, 2025.

    Unless otherwise noted, all amounts in this release are in conformity with U.S. generally accepted accounting principles (“GAAP”) and comparisons shown are to the same period in the prior year.

    SECOND QUARTER HIGHLIGHTS

    • Pawn loans outstanding (PLO) up 11% to $261.8 million.
    • Net income increased 18% to $25.4 million. On an adjusted basis1, net income increased 25% to $26.1 million.
    • Diluted earnings per share increased 14% to $0.33. On an adjusted basis, diluted earnings per share increased 21% to $0.34.
    • Adjusted EBITDA increased 23% to $45.1 million.
    • Total revenues increased 7% to $306.3 million, while gross profit increased 6% to $178.5 million.
    • Completed a $300.0 million private offering of senior notes due 2032.

    CEO COMMENTARY AND OUTLOOK
    Lachie Given, Chief Executive Officer, stated, “Our team delivered another impressive quarter of operational and financial performance, highlighted by record Q2 PLO, which drove strong growth in revenue and pawn service charges. Persistent inflation and economic pressure continue to impact value-conscious consumers who are increasingly turning to us for short-term cash and secondhand goods. Our strengthened operating model and best-in-class customer service also fueled the bottom line, driving a material increase in adjusted EBITDA to $45.1 million, up 23%.

    “Our consistent performance across geographies reflects our company-wide commitment to our core values of People, Pawn and Passion. In the U.S., PLO and adjusted EBITDA increased 15%, reflecting strong loan demand, increased average loan size and disciplined cost management. In Latin America, PLO increased 17% on a constant currency basis, and adjusted EBITDA grew 36%, propelled by robust demand for loans and secondhand goods and our strong operational execution.

    “Our disciplined capital allocation strategy prioritizes substantial liquidity to drive strong organic growth, pursue value-enhancing acquisitions and investments and meet near-term debt maturities. In March, we completed a $300.0 million private offering of senior notes, the Company’s largest financing transaction to date, expanding our financial flexibility for continued growth and meaningfully enhancing our capital structure, as we retire our 2025 convertible notes maturing on May 1.

    “It was another outstanding quarter for EZCORP, and I thank the team for their unwavering commitment to operational excellence as we continue to drive significantly enhanced value for our shareholders.”

    CONSOLIDATED RESULTS

    Three Months Ended March 31 As Reported   Adjusted1
    in millions, except per share amounts 2025
      2024
      2025
      2024
                   
    Total revenues $ 306.3     $ 285.6     $ 318.9     $ 285.6  
    Gross profit $ 178.5     $ 167.6     $ 185.0     $ 167.6  
    Income before tax $ 34.4     $ 28.7     $ 35.4     $ 28.0  
    Net income $ 25.4     $ 21.5     $ 26.1     $ 21.0  
    Diluted earnings per share $ 0.33     $ 0.29     $ 0.34     $ 0.28  
    EBITDA (non-GAAP measure) $ 43.8     $ 37.4     $ 45.1     $ 36.7  
                                   
    • PLO increased 11% to $261.8 million, up $26.1 million. On a same-store2 basis, PLO increased 11% due to increase in average loan size, continued strong pawn demand and improved operational performance.
    • Total revenues increased 7% and gross profit increased 6%, reflecting improved pawn service charge (PSC) revenues due to higher average PLO.
    • PSC increased 8% as a result of higher average PLO.
    • Merchandise sales gross margin at 34%, down from 35%. Aged general merchandise was 2.4% of total general merchandise inventory, up 14 basis points.
    • Net inventory increased 27%, as a result of the increase in PLO and decrease in inventory turnover to 2.5x, from 2.9x.
    • Store expenses increased 2% and were flat on a same-store basis.
    • General and administrative expenses increased 8%, primarily due to labor and a gain on a corporate lease termination in the prior year.
    • Income before taxes was $34.4 million, up 20% from $28.7 million, and adjusted EBITDA increased 23% to $45.1 million.
    • Diluted earnings per share increased 14% to $0.33. On an adjusted basis, diluted earnings per share increased 21% to $0.34.
    • Cash and cash equivalents at the end of the quarter was $505.2 million, up from $170.5 million as of September 30, 2024. The increase was primarily due to $300.0 million (less issuance costs) from the issuance of the Senior Notes due 2032 and cash from operating activities.

    SEGMENT RESULTS
    U.S. Pawn

    • PLO ended the quarter at $199.4 million, up 15% on a total and same-store basis due to increase in average loan size, increased loan demand and improved operational performance.
    • Total revenues increased 7% and gross profit increased 8%, reflecting higher PSC.
    • PSC increased 9% as a result of higher average PLO, partially offset by lower PLO yield.
    • Merchandise sales increased 2%, and gross margin decreased to 36% from 37%. Aged general merchandise decreased by 14 basis points to 2.8%, or $1.3 million of total general merchandise inventory. Excluding our three Max Pawn luxury stores in Las Vegas, aged general merchandise was 1.5%.
    • Net inventory increased 29%, due to increase in PLO, increase in customer layaways and a decrease in inventory turnover to 2.3x, from 2.6x.
    • Store expenses increased 3% (2% on a same-store basis) primarily due to labor, the majority of which was offset by a decrease in expenses related to our loyalty program.
    • Segment contribution increased 16% to $47.1 million.
    • Segment store count remained at 542.

    Latin America Pawn

    • PLO improved to $62.4 million, up 1% (17% on constant currency basis). On a same-store basis, PLO decreased 2% (14% increase on a constant currency basis). The constant currency increase was due to improved operational performance and increased loan demand.
    • Total revenues were up 9% (25% on constant currency basis), and gross profit increased 3% (18% on a constant currency basis), mainly due to increased PSC.
    • PSC increased to $28.3 million, up 4% (19% on a constant currency basis) as a result of higher average PLO.
    • Merchandise sales increased 5% (21% on constant currency basis) and merchandise sales gross margin decreased to 30% from 33%. Aged general merchandise increased to 1.9% from 1.4% of total general merchandise inventory.
    • Net inventory increased 23% (44% on a constant currency basis) due to increase in PLO and decrease in inventory turnover to 3.2x, from 3.6x.
    • Store expenses decreased 2% (13% increase on a constant currency basis) and decreased 4% on a same-store basis (11% increase on a constant currency basis). The constant currency increase was primarily due to increased labor, in line with store activity and minimum wage increases, offset by a decrease in expenses related to our loyalty program.
    • Segment contribution increased 30% to $10.6 million (43% on a constant currency basis). On an adjusted basis, segment contribution was up 42% to $11.6 million.
    • Segment store count increased by one to 742 due to the addition of nine de novo stores, the acquisition of one store, and the consolidation of nine stores.

    FORM 10-Q
    EZCORP’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 has been filed with the Securities and Exchange Commission. The report is available in the Investor Relations section of the Company’s website at http://investors.ezcorp.com. EZCORP shareholders may obtain a paper copy of the report, free of charge, by sending a request to the investor relations contact below.

    CONFERENCE CALL
    EZCORP will host a conference call on Tuesday, April 29, 2025, at 8:00 am Central Time to discuss Second Quarter Fiscal 2025 results. Analysts and institutional investors may participate on the conference call by registering online at https://registrations.events/direct/NTM1088399. Once registered you will receive the dial-in details with a unique PIN to join the call. The conference call will be webcast simultaneously to the public through this link: https://edge.media-server.com/mmc/p/hqptihjy. A replay of the conference call will be available online at http://investors.ezcorp.com shortly after the end of the call. 

    ABOUT EZCORP
    Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index. 

    Follow us on social media:
    Facebook EZPAWN Official https://www.facebook.com/EZPAWN/
    EZCORP Instagram Official https://www.instagram.com/ezcorp_official/
    EZPAWN Instagram Official https://www.instagram.com/ezpawnofficial/
    EZCORP LinkedIn https://www.linkedin.com/company/ezcorp/

    FORWARD LOOKING STATEMENTS
    This announcement contains certain forward-looking statements regarding the Company’s strategy, initiatives and expected performance. These statements are based on the Company’s current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, including all statements regarding the Company’s strategy, initiatives and future performance, that address activities or results that the Company plans, expects, believes, projects, estimates or anticipates, will, should or may occur in the future, including future financial or operating results, are forward-looking statements. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of uncertainties and other factors, including operating risks, liquidity risks, legislative or regulatory developments, market factors, current or future litigation and risks associated with the COVID-19 pandemic. For a discussion of these and other factors affecting the Company’s business and prospects, see the Company’s annual, quarterly and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    Contact:
    Email: Investor_Relations@ezcorp.com
    Phone: (512) 314-2220

           
    EZCORP, Inc.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited)
           
      Three Months Ended
    March 31,
      Six Months Ended
    March 31,
    (in thousands, except per share amounts) 2025   2024   2025   2024
    Revenues:              
    Merchandise sales $ 169,467     $ 164,687     $ 355,810     $ 344,090  
    Jewelry scrapping sales   20,938       13,714       37,670       27,796  
    Pawn service charges   115,871       107,163       232,923       213,612  
    Other revenues   40       75       83       132  
    Total revenues   306,316       285,639       626,486       585,630  
    Merchandise cost of goods sold   111,555       106,259       233,379       221,469  
    Jewelry scrapping cost of goods sold   16,309       11,788       29,251       23,996  
    Gross profit   178,452       167,592       363,856       340,165  
    Operating expenses:              
    Store expenses   116,527       114,582       232,978       225,137  
    General and administrative   19,640       18,266       38,309       34,809  
    Depreciation and amortization   8,020       8,219       16,355       16,784  
    Loss (gain) on sale or disposal of assets and other   17       3       25       (169 )
    Other income         (765 )           (765 )
    Total operating expenses   144,204       140,305       287,667       275,796  
    Operating income   34,248       27,287       76,189       64,369  
    Interest expense   3,281       3,402       6,428       6,842  
    Interest income   (1,875 )     (2,882 )     (3,968 )     (5,521 )
    Equity in net income of unconsolidated affiliates   (1,505 )     (1,719 )     (2,980 )     (2,872 )
    Other (income) expense   (65 )     (165 )     913       (436 )
    Income before income taxes   34,412       28,651       75,796       66,356  
    Income tax expense   9,022       7,172       19,390       16,407  
    Net income $ 25,390     $ 21,479     $ 56,406     $ 49,949  
                   
    Basic earnings per share $ 0.46     $ 0.39     $ 1.03     $ 0.91  
    Diluted earnings per share $ 0.33     $ 0.29     $ 0.74     $ 0.65  
                   
    Weighted-average basic shares outstanding   54,965       55,093       54,895       55,084  
    Weighted-average diluted shares outstanding   83,140       83,045       83,247       84,948  
                                   
    EZCORP, Inc.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited)
               
    (in thousands, except share and per share amounts) March 31,
    2025
      March 31,
    2024
      September 30,
    2024
               
    Assets:          
    Current assets:          
    Cash and cash equivalents $ 505,239     $ 229,111     $ 170,513  
    Restricted cash   9,499       8,581       9,294  
    Pawn loans   261,830       235,773       274,084  
    Pawn service charges receivable, net   42,323       38,268       44,013  
    Inventory, net   207,783       163,429       191,923  
    Prepaid expenses and other current assets   40,283       47,142       39,171  
    Total current assets   1,066,957       722,304       728,998  
    Investments in unconsolidated affiliates   13,967       13,162       13,329  
    Other investments   51,903       51,220       51,900  
    Property and equipment, net   64,150       63,306       65,973  
    Right-of-use assets, net   229,878       243,752       226,602  
    Goodwill   305,239       310,658       306,478  
    Intangible assets, net   57,079       61,714       58,451  
    Deferred tax asset, net   25,090       26,247       25,362  
    Other assets, net   15,365       15,779       16,144  
    Total assets $ 1,829,628     $ 1,508,142     $ 1,493,237  
               
    Liabilities and equity:          
    Current liabilities:          
    Current maturities of long-term debt, net $ 103,325     $ 34,347     $ 103,072  
    Accounts payable, accrued expenses and other current liabilities   70,843       62,838       85,737  
    Customer layaway deposits   31,016       20,352       21,570  
    Operating lease liabilities, current   58,855       55,658       58,998  
    Total current liabilities   264,039       173,195       269,377  
    Long-term debt, net   517,188       326,573       224,256  
    Deferred tax liability, net   1,818       465       2,080  
    Operating lease liabilities   182,873       197,285       180,616  
    Other long-term liabilities   12,135       10,228       12,337  
    Total liabilities   978,053       707,746       688,666  
    Commitments and contingencies          
    Stockholders’ equity:          
    Class A Non-voting Common Stock, par value $0.01 per share; shares authorized: 100 million; issued and outstanding: 52,043,599 as of March 31, 2025; 52,057,309 as of March 31, 2024; and 51,582,698 as of September 30, 2024   520       521       516  
    Class B Voting Common Stock, convertible, par value $0.01 per share; shares authorized: 3 million; issued and outstanding: 2,970,171   30       30       30  
    Additional paid-in capital   347,796       345,174       348,366  
    Retained earnings   561,211       477,683       507,206  
    Accumulated other comprehensive loss   (57,982 )     (23,012 )     (51,547 )
    Total equity   851,575       800,396       804,571  
    Total liabilities and equity $ 1,829,628     $ 1,508,142     $ 1,493,237  
                           
    EZCORP, Inc.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)
       
      Six Months Ended
    March 31,
    (in thousands) 2025   2024
       
    Operating activities:      
    Net income $ 56,406     $ 49,949  
    Adjustments to reconcile net income to net cash provided by operating activities:      
    Depreciation and amortization   16,355       16,784  
    Amortization of deferred financing costs   725       807  
    Non-cash lease expense   28,943       29,514  
    Deferred income taxes   10       515  
    Other adjustments   (1,241 )     (1,429 )
    Provision for inventory reserve   39       183  
    Stock compensation expense   5,001       4,844  
    Equity in net income from investment in unconsolidated affiliates   (2,980 )     (2,872 )
    Changes in operating assets and liabilities, net of business acquisitions:      
    Pawn service charges receivable   1,547       1,071  
    Inventory   (5,390 )     1,617  
    Prepaid expenses, other current assets and other assets   444       (8,699 )
    Accounts payable, accrued expenses and other liabilities   (45,490 )     (57,531 )
    Customer layaway deposits   9,640       886  
    Income taxes   (1,081 )     909  
    Net cash provided by operating activities   62,928       36,548  
    Investing activities:      
    Loans made   (484,611 )     (433,194 )
    Loans repaid   284,095       262,970  
    Recovery of pawn loan principal through sale of forfeited collateral   198,387       188,351  
    Capital expenditures, net   (13,966 )     (13,654 )
    Acquisitions, net of cash acquired   (79 )     (8,610 )
    Investment in unconsolidated affiliate   (509 )     (850 )
    Investment in other investments         (15,000 )
    Dividends from unconsolidated affiliates   1,902       1,745  
    Net cash used in investing activities   (14,781 )     (18,242 )
    Financing activities:      
    Taxes paid related to net share settlement of equity awards   (3,971 )     (3,253 )
    Proceeds from borrowings   300,000        
    Debt issuance cost   (5,310 )      
    Purchase and retirement of treasury stock   (3,997 )     (6,010 )
    Payments of finance leases   (266 )     (276 )
    Net cash provided by (used in) financing activities   286,456       (9,539 )
    Effect of exchange rate changes on cash and cash equivalents and restricted cash   328       (43 )
    Net increase in cash, cash equivalents and restricted cash   334,931       8,724  
    Cash and cash equivalents and restricted cash at beginning of period   179,807       228,968  
    Cash and cash equivalents and restricted cash at end of period $ 514,738     $ 237,692  
           
    EZCORP, Inc.
    OPERATING SEGMENT RESULTS
       
      Three Months Ended March 31, 2025
    (Unaudited)
    (in thousands) U.S. Pawn   Latin America
    Pawn
      Other
    Investments
      Total Segments   Corporate
    Items
      Consolidated
                           
    Revenues:                      
    Merchandise sales $ 116,915     $ 52,552     $     $ 169,467     $     $ 169,467  
    Jewelry scrapping sales   16,898       4,040             20,938             20,938  
    Pawn service charges   87,548       28,323             115,871             115,871  
    Other revenues   24       16             40             40  
    Total revenues   221,385       84,931             306,316             306,316  
    Merchandise cost of goods sold   74,772       36,783             111,555             111,555  
    Jewelry scrapping cost of goods sold   13,235       3,074             16,309             16,309  
    Gross profit   133,378       45,074             178,452             178,452  
    Segment and corporate expenses (income):                      
    Store expenses   83,532       32,995             116,527             116,527  
    General and administrative                           19,640       19,640  
    Depreciation and amortization   2,682       1,989             4,671       3,349       8,020  
    Loss on sale or disposal of assets and other   17                   17             17  
    Interest expense                           3,281       3,281  
    Interest income         (337 )     (605 )     (942 )     (933 )     (1,875 )
    Equity in net (income) loss of unconsolidated affiliates               (1,866 )     (1,866 )     361       (1,505 )
    Other expense (income)   4       (137 )           (133 )     68       (65 )
    Segment contribution $ 47,143     $ 10,564     $ 2,471     $ 60,178          
    Income (loss) before income taxes             $ 60,178     $ (25,766 )   $ 34,412  
                                       
      Three Months Ended March 31, 2024
    (Unaudited)
    (in thousands) U.S. Pawn   Latin America
    Pawn
      Other
    Investments
      Total Segments   Corporate
    Items
      Consolidated
                           
    Revenues:                      
    Merchandise sales $ 114,849     $ 49,838     $     $ 164,687     $     $ 164,687  
    Jewelry scrapping sales   12,686       1,028             13,714             13,714  
    Pawn service charges   80,010       27,153             107,163             107,163  
    Other revenues   29       15       31       75             75  
    Total revenues   207,574       78,034       31       285,639             285,639  
    Merchandise cost of goods sold   72,798       33,461             106,259             106,259  
    Jewelry scrapping cost of goods sold   10,794       994             11,788             11,788  
    Gross profit   123,982       43,579       31       167,592             167,592  
    Segment and corporate expenses (income):                      
    Store expenses   80,840       33,742             114,582             114,582  
    General and administrative                           18,266       18,266  
    Depreciation and amortization   2,516       2,392             4,908       3,311       8,219  
    (Gain) loss on sale or disposal of assets and other   (30 )     (66 )           (96 )     99       3  
    Other income                           (765 )     (765 )
    Interest expense                           3,402       3,402  
    Interest income         (608 )     (633 )     (1,241 )     (1,641 )     (2,882 )
    Equity in net income of unconsolidated affiliates               (1,719 )     (1,719 )           (1,719 )
    Other expense (income)         1       14       15       (180 )     (165 )
    Segment contribution $ 40,656     $ 8,118     $ 2,369     $ 51,143          
    Income (loss) before income taxes             $ 51,143     $ (22,492 )   $ 28,651  
                                       
      Six Months Ended March 31, 2025
    (Unaudited)
    (in thousands) U.S. Pawn   Latin America
    Pawn
      Other
    Investments
      Total Segments   Corporate
    Items
      Consolidated
                           
    Revenues:                      
    Merchandise sales $ 245,715     $ 110,095     $     $ 355,810     $     $ 355,810  
    Jewelry scrapping sales   32,396       5,274             37,670             37,670  
    Pawn service charges   175,424       57,499             232,923             232,923  
    Other revenues   51       32             83             83  
    Total revenues   453,586       172,900             626,486             626,486  
    Merchandise cost of goods sold   156,328       77,051             233,379             233,379  
    Jewelry scrapping cost of goods sold   25,203       4,048             29,251             29,251  
    Gross profit   272,055       91,801             363,856             363,856  
    Segment and corporate expenses (income):                      
    Store expenses   166,621       66,357             232,978             232,978  
    General and administrative                           38,309       38,309  
    Depreciation and amortization   5,399       4,035             9,434       6,921       16,355  
    Loss on sale or disposal of assets and other   17       8             25             25  
    Interest expense                           6,428       6,428  
    Interest income         (539 )     (1,199 )     (1,738 )     (2,230 )     (3,968 )
    Equity in net (income) loss of unconsolidated affiliates               (3,489 )     (3,489 )     509       (2,980 )
    Other (income) loss   (7 )     (208 )           (215 )     1,128       913  
    Segment contribution   100,025       22,148     $ 4,688     $ 126,861          
    Income (loss) before income taxes             $ 126,861     $ (51,065 )   $ 75,796  
                                       
      Six Months Ended March 31, 2024
    (Unaudited)
    (in thousands) U.S. Pawn   Latin America
    Pawn
      Other
    Investments
      Total Segments   Corporate
    Items
      Consolidated
                           
    Revenues:                      
    Merchandise sales $ 240,362     $ 103,728     $     $ 344,090     $     $ 344,090  
    Jewelry scrapping sales   25,501       2,295             27,796             27,796  
    Pawn service charges   159,083       54,529             213,612             213,612  
    Other revenues   66       31       35       132             132  
    Total revenues   425,012       160,583       35       585,630             585,630  
    Merchandise cost of goods sold   151,507       69,962             221,469             221,469  
    Jewelry scrapping cost of goods sold   22,078       1,918             23,996             23,996  
    Gross profit   251,427       88,703       35       340,165             340,165  
    Segment and corporate expenses (income):                      
    Store expenses   158,095       67,042             225,137             225,137  
    General and administrative                           34,809       34,809  
    Depreciation and amortization   5,140       4,731             9,871       6,913       16,784  
    (Gain) loss on sale or disposal of assets and other   (4 )     (262 )           (266 )     97       (169 )
    Other income                           (765 )     (765 )
    Interest expense                           6,842       6,842  
    Interest income         (1,028 )     (1,206 )     (2,234 )     (3,287 )     (5,521 )
    Equity in net income of unconsolidated affiliates               (2,872 )     (2,872 )           (2,872 )
    Other (income) expense         (47 )     15       (32 )     (404 )     (436 )
    Segment contribution $ 88,196     $ 18,267     $ 4,098     $ 110,561          
    Income (loss) before income taxes             $ 110,561     $ (44,205 )   $ 66,356  
                                       
    EZCORP, Inc.
    STORE COUNT ACTIVITY
    (Unaudited)
       
      Three Months Ended March 31, 2025
      U.S. Pawn
      Latin America
    Pawn
      Consolidated
                   
    As of December 31, 2024   542       741       1,283  
    New locations opened         9       9  
    Locations acquired         1       1  
    Locations combined or closed         (9 )     (9 )
    As of March 31, 2025   542       742       1,284  
                           
      Three Months Ended March 31, 2024
      U.S. Pawn   Latin America
    Pawn
      Consolidated
               
    As of December 31, 2023   530       707       1,237  
    New locations opened         9       9  
    Locations acquired   6             6  
    Locations combined or closed   (1 )     (5 )     (6 )
    As of March 31, 2024   535       711       1,246  
                           
      Six Months Ended March 31, 2025
      U.S. Pawn
      Latin America
    Pawn
      Consolidated
                   
    As of September 30, 2024   542       737       1,279  
    New locations opened         13       13  
    Locations acquired         1       1  
    Locations combined or closed         (9 )     (9 )
    As of March 31, 2025   542       742       1,284  
                           
      Six Months Ended March 31, 2024
      U.S. Pawn   Latin America
    Pawn
      Consolidated
               
    As of September 30, 2023   529       702       1,231  
    New locations opened         14       14  
    Locations acquired   7             7  
    Locations combined or closed   (1 )     (5 )     (6 )
    As of March 31, 2024   535       711       1,246  
                           

    Non-GAAP Financial Information (Unaudited)
    In addition to the financial information prepared in conformity with accounting U.S. generally accepted accounting principles (“GAAP”), we provide certain other non-GAAP financial information on a constant currency (“constant currency”) and adjusted basis. We use constant currency results to evaluate our Latin America Pawn operations, which are denominated primarily in Mexican pesos, Guatemalan quetzales and other Latin American currencies. We believe that presentation of constant currency and adjusted results is meaningful and useful in understanding the activities and business metrics of our operations and reflects an additional way of viewing aspects of our business that, when viewed with GAAP results, provides a more complete understanding of factors and trends affecting our business. We provide non-GAAP financial information for informational purposes and to enhance understanding of our GAAP consolidated financial statements. We use this non-GAAP financial information primarily to evaluate and compare operating results across accounting periods.

    Readers should consider the information in addition to, but not instead of or superior to, our financial statements prepared in accordance with GAAP. This non-GAAP financial information may be determined or calculated differently by other companies, limiting the usefulness of those measures for comparative purposes.

    Constant currency results reported herein are calculated by translating consolidated balance sheet and consolidated statement of operations items denominated in local currency to U.S. dollars using the exchange rate from the prior-year comparable period, as opposed to the current period, in order to exclude the effects of foreign currency rate fluctuations. In addition, we have an equity method investment that is denominated in Australian dollars and is translated into U.S. dollars. We used the end-of-period rate for balance sheet items and the average closing daily exchange rate on a monthly basis during the appropriate period for statement of operations items. The end-of-period and approximate average exchange rates for each applicable currency as compared to U.S. dollars as of and for the three and six months ended March 31, 2025 and 2024 were as follows:

      March 31,   Three Months Ended
    March 31,
      Six Months Ended
    March 31,
      2025
      2024
      2025
      2024
      2025
      2024
                                                   
    Mexican peso   20.4       16.6       20.4       17.0       20.3       17.3  
    Guatemalan quetzal   7.6       7.6       7.6       7.6       7.5       7.6  
    Honduran lempira   25.2       24.4       25.2       24.4       25.0       24.4  
    Australian dollar   1.6       1.5       1.6       1.5       1.6       1.5  
                                                   

    Our statement of operations constant currency results reflect the monthly exchange rate fluctuations and so are not directly calculable from the above rates. Constant currency results, where presented, also exclude the foreign currency gain or loss.

    Miscellaneous Non-GAAP Financial Measures

      Three Months Ended
    March 31,
    (in millions) 2025   2024
           
    Net income $ 25.4     $ 21.5  
    Interest expense   3.3       3.4  
    Interest income   (1.9 )     (2.9 )
    Income tax expense   9.0       7.2  
    Depreciation and amortization   8.0       8.2  
    EBITDA $ 43.8     $ 37.4  
                   
      Total
    Revenues
      Gross
    Profit
      Income
    Before Tax
      Tax Effect   Net
    Income
      Diluted EPS   EBITDA
                               
    2025 Q2 Reported $ 306.3     $ 178.5     $ 34.4     $ 9.0     $ 25.4     $ 0.33     $ 43.8  
    FX Impact               0.1             0.1             0.1  
    Constant Currency   12.6       6.5       0.9       0.3       0.6       0.01       1.2  
    2025 Q2 Adjusted $ 318.9     $ 185.0     $ 35.4     $ 9.3     $ 26.1     $ 0.34     $ 45.1  
                                                           
      Total
    Revenues
      Gross
    Profit
      Income
    Before Tax
      Tax Effect   Net
    Income
      Diluted EPS   EBITDA
                               
    2024 Q2 Reported $ 285.6     $ 167.6     $ 28.7     $ 7.2     $ 21.5     $ 0.29     $ 37.4  
    Corporate Lease Termination               (0.8 )     (0.2 )     (0.6 )     (0.01 )     (0.8 )
    FX Impact               0.1             0.1             0.1  
    2024 Q2 Adjusted $ 285.6     $ 167.6     $ 28.0     $ 7.0     $ 21.0     $ 0.28     $ 36.7  
                                                           
      Three Months Ended
    March 31, 2025
      Six Months Ended
    March 31, 2025
    (in millions) U.S. Dollar
    Amount
      Percentage
    Change YOY
      U.S. Dollar
    Amount
      Percentage
    Change YOY
                   
    Consolidated revenues $ 306.3       7 %   $ 626.5       7 %
    Currency exchange rate fluctuations   12.6           22.0      
    Constant currency consolidated revenues $ 318.9       12 %   $ 648.5       11 %
                   
    Consolidated gross profit $ 178.5       6 %   $ 363.9       7 %
    Currency exchange rate fluctuations   6.5           11.3      
    Constant currency consolidated gross profit $ 185.0       10 %   $ 375.2       10 %
                   
    Consolidated net inventory $ 207.8       27 %   $ 207.8       27 %
    Currency exchange rate fluctuations   8.7           8.7      
    Constant currency consolidated net inventory $ 216.5       32 %   $ 216.5       32 %
                   
    Latin America Pawn gross profit $ 45.1       3 %   $ 91.8       3 %
    Currency exchange rate fluctuations   6.5           11.3      
    Constant currency Latin America Pawn gross profit $ 51.6       18 %   $ 103.1       16 %
                   
    Latin America Pawn PLO $ 62.4       1 %   $ 62.4       1 %
    Currency exchange rate fluctuations   10.0           10.0      
    Constant currency Latin America Pawn PLO $ 72.4       17 %   $ 72.4       17 %
                   
    Latin America Pawn PSC revenues $ 28.3       4 %   $ 57.5       5 %
    Currency exchange rate fluctuations   3.9           6.7      
    Constant currency Latin America Pawn PSC revenues $ 32.2       19 %   $ 64.2       18 %
                   
    Latin America Pawn merchandise sales $ 52.6       5 %   $ 110.1       6 %
    Currency exchange rate fluctuations   7.9           14.5      
    Constant currency Latin America Pawn merchandise sales $ 60.5       21 %   $ 124.6       20 %
                   
    Latin America Pawn segment profit before tax $ 10.6       30 %   $ 22.2       21 %
    Currency exchange rate fluctuations   1.0           2.0      
    Constant currency Latin America Pawn segment profit before tax $ 11.6       43 %   $ 24.2       32 %
                                   

    The MIL Network

  • MIL-OSI: Rigetti Computing to Report First Quarter 2025 Financial Results and Host Conference Call on May 12, 2025

    Source: GlobeNewswire (MIL-OSI)

    BERKELEY, Calif., April 28, 2025 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release first quarter 2025 results on May 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day.

    Key details regarding the call are as follows:

    Call Date: Monday, May 12, 2025
    Call Time: 5:00 p.m. ET / 2:00 p.m. PT
    Webcast Link: https://edge.media-server.com/mmc/p/5w8qggnn/
    Live Call Participant Link: https://register-conf.media-server.com/register/BIa01e2c81dc8f4031b25c1ce89653b15e

    Webcast Instructions
    You can listen to a live audio webcast of the conference call by visiting the “Webcast Link” above or the “Events & Presentations” section of the Company’s Investor Relations website at https://investors.rigetti.com/. A replay of the conference call will be available at the same locations following the conclusion of the call for one year.

    Live Call Participant Instructions
    To participate in the live call, you must register using the “Live Call Participant Link” above. Once registered, you will receive dial-in numbers and a unique PIN number. When you dial in, you will input your PIN and be routed into the call. If you register and forget your PIN, or lose the registration confirmation email, simply re-register to receive a new PIN.

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

    Rigetti Computing Media Contact:
    press@rigetti.com
    Rigetti Computing Investor Relations Contact:
    IR@Rigetti.com

    The MIL Network

  • MIL-OSI: CrpoBase Secures US MSB License, Emerges as Fully Registered Global Compliance Digital Asset Platform

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 28, 2025 (GLOBE NEWSWIRE) — CrpoBase has obtained the Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, officially completing its compliance registration in the United States. This milestone signifies CrpoBase as one of the very few global cryptocurrency trading platforms with both U.S. domestic registration and licensing, further showcasing its compliance strength and regulatory transparency in the global digital asset industry.

    Compliance has become the core competitive advantage for the platform, with CrpoBase continuously deepening its global regulatory layout.

    CEO Michael Garrett of CrpoBase stated in a media interview, “We have not only established a physical entity in the United States but also chosen the ‘U.S. regulatory structure’ as the cornerstone of the exchange’s governance. This is to provide global users and institutional clients with clearer and more reliable legal and financial security.”

    As of now, CrpoBase Exchange has established comprehensive Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance processes, strictly adhering to the U.S. Bank Secrecy Act (BSA) and the Financial Action Task Force’s (FATF) 40 recommendations for combating money laundering. Through multi-layer verification mechanisms in registration, trading, withdrawals, custody, and other aspects, user data protection and risk screening are conducted to ensure that user assets are monitorable, auditable, and traceable throughout the entire process.

    Endorsed by the MSB license, CrpoBase attracts global capital and institutional trust.

    The U.S. MSB license, as one of the most authoritative financial regulatory qualifications globally, imposes strict requirements on platform asset security capabilities, risk control capabilities, anti-money laundering mechanisms, customer protection mechanisms, among others. The successful approval of CrpoBase indicates that its technical architecture, financial transparency, and compliance operations have met international financial institution standards.

    According to industry experts’ analysis, against the backdrop of tightening global compliance and stricter reviews, CrpoBase’s acquisition of the MSB qualification is equivalent to obtaining a “passport to the global institutional capital market.” This will not only help the platform expand its high-net-worth and institutional client base in more European and American regions but also lay a solid foundation for future applications for licenses in Singapore (PSA), the EU (MiCA), Japan (FSA), and other countries.

    CrpoBase Exchange: Establishing the cornerstone of compliant, secure, and international digital asset trading

    As one of the leading global digital asset platforms, CrpoBase Exchange has consistently adhered to the core development philosophy of “compliance driving growth, security empowering the ecosystem.” Based in the United States, the platform offers diverse services including spot trading, stablecoin exchanges, DeFi aggregation gateways, institutional custody, and more. It currently serves over 15 million users globally across North America, Europe, Southeast Asia, the Middle East, and other core markets.

    Looking ahead, CrpoBase will continue to expand its global compliance footprint, foster deep cooperation with international regulators, sovereign funds, major brokerage firms, and traditional financial institutions, striving to become the most trusted “compliant financial foundation” in the global Web3 infrastructure.

    Media contact 

    Contact: Sandra C. Collins 
    Company Name: CrpoBase LTD
    Website: https://trade.crpobasex.com
    Email: Sandra(at)crpobasex.com

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

    The MIL Network

  • MIL-OSI: JA MINING: BTC & XRP Enthusiasts Explore Potential Rewards Through Bitcoin Mining

    Source: GlobeNewswire (MIL-OSI)

    London, UK, April 28, 2025 (GLOBE NEWSWIRE) — Bitcoin (BTC) and Ripple (XRP) have both shown strong momentum in the past 24 hours. BTC prices stabilized above $94,000, 24-hour trading volume exceeded $20.5 billion, and net inflows of spot ETF funds hit a new high this year, demonstrating the continued favor of institutional investors for crypto assets. At the same time, XRP benefited from the stabilization of the US regulatory situation and the boost of market optimism, and its price performance stabilized and is expected to usher in a new round of breakthroughs.

    As Bitcoin established an upward trend and XRP was ready to go, global investors’ interest in the cryptocurrency market has rapidly heated up. Faced with the growing market heat, cloud computing power mining has become an ideal choice for low-threshold layout of the Bitcoin network. As an industry-leading cloud mining platform, JA Mining helps users easily participate in mining without purchasing equipment with its advantages of green energy mines, daily income settlement, and flexible investment plans, and seize the golden window of digital asset value growth.

    Recently, JA MINING announced its latest development plan in the field of mineral resources, aiming to push the mining industry to new heights through technological innovation and sustainable development strategies. Users can achieve a potential income on the JA MINING platform. As a leading company dedicated to the development of global mineral resources, JA MINING has always been known for its efficient, safe and environmentally friendly operating model.

    Advantages of the JA MINING platform
    ● Hands-free operation: No professional knowledge and expensive mining machines are required, just purchase a cloud mining contract package with one click and start mining immediately!
    ● Daily settlements: Returns are distributed automatically each day.
    ● Safe and reliable: regulated by FCA, funds are safe, and mining income is settled daily.                                                                                                                                             
    ● Flexible and convenient: Supports a variety of mainstream currencies (BTC, ETH, USDC, DOGE, XRP, etc.), and you can choose a variety of cryptocurrencies to deposit and withdraw freely at any time.

    How to start free cloud mining with JA MINING 
    1. Register now to get a $100 bonus 
    2. Choose a contract: After successfully registering, the next step is to choose a mining contract that suits your goals and budget. JAMining offers a variety of contracts to meet different needs, whether you are a beginner or an experienced miner. 
    Choose the contract that suits your investment strategy:

    How to potentially make more money with JA MINING 
    The JA MINING platform has the affiliates function. Users can make money on JA MINING by inviting your friends.Every time the user you recommend purchases a contract, you can get the corresponding promotion reward.
    For more details, please check the platform for more information

    Summary of JA MINING 
    JA MINING  is a leading platform focused on Bitcoin cloud mining, known for its superior AI technology, global mining pool network and user-friendly mobile applications. The platform is committed to providing users with high-yield, low-risk investment opportunities while ensuring financial security and quality services.

    JA MINING is your trusted cryptocurrency cloud mining partner! Join now to seize the opportunity and earn passive income! For more details, please visit:

    Company website: https://jamining.com/
    Company email: info@jamining.com

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

    The MIL Network

  • MIL-OSI: Faculty Group and Ghaf Capital Announce Strategic Merger to Launch Web3 Powerhouse, Ghaf Group

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 28, 2025 (GLOBE NEWSWIRE) — In a landmark move, Faculty Group and Ghaf Capital today announced their merger to form Ghaf Group, a vertically integrated Web3 advisory business. This strategic union leverages Faculty Group’s full-stack Web3 execution capabilities alongside Ghaf Capital’s elite access to capital markets, sovereign networks, and strategic enterprise relationships across the MENA region and beyond.

    With operations spanning capital allocation, product development, token advisory, liquidity management and marketing, Ghaf Group is uniquely positioned to drive the next wave of blockchain and Web3 growth. The new entity unites over 100 experts across eight subsidiaries under a single, scalable platform committed to delivering institutional-grade solutions and unlocking long-term value across the Web3 economy.

    James Childs, newly appointed CEO of Ghaf Group, commented:

    “This merger is not just an evolution, it’s an inflexion point. Faculty Group has always focused on high-conviction execution in Web3. Now, as Ghaf Group, we bring together global delivery capability with regional strategic access to capital, creating a new category of partner for protocols, corporates, and governments alike.”

    Feras Al Sadek, Chairman of Ghaf Group, added:

    “We’re combining best-in-class infrastructure with unparalleled strategic reach. Ghaf Group will be the trusted bridge between East and West, unlocking capital and capability at scale. This is a defining moment for Web3, and we’re just getting started.”

    The group’s new visual identity, rooted in the symbolism of the resilient Ghaf tree native to the UAE, reflects a commitment to strength, longevity, and organic growth. Ghaf Group is already in advanced discussions with sovereign entities, institutional investors, and emerging protocols as it builds out a robust pipeline for 2025 and beyond.

    Looking ahead, Ghaf Group will accelerate its footprint across MENA and Asia, explore strategic acquisitions, and begin laying the groundwork for a potential UAE-based IPO, positioning itself as a publicly accountable and globally trusted vehicle for Web3 advancement.

    About Ghaf Group

    Ghaf Group is a global Web3 venture platform formed through the merger of Faculty Group and Ghaf Capital. The firm provides integrated services across advisory, token design, venture capital, market-making, marketing, and blockchain development. With strong roots in the Middle East and a global vision, Ghaf Group partners with ambitious founders, forward-looking institutions, and sovereign stakeholders to catalyse the next era of decentralised innovation.

    Media Contact:
    Arvin Nathan
    Head of PR
    an@faculty.group
    hello@ghaf.group

    Disclaimer: This is a paid post and is provided by Ghaf Group. 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/2754af90-6bf1-4635-b157-7bb32c691abb

    The MIL Network

  • MIL-OSI: Secret Benefits Review [2025] Is SecretBenefits.com the Best Sugar Daddy Site?

    Source: GlobeNewswire (MIL-OSI)

    New York City, April 28, 2025 (GLOBE NEWSWIRE) — Secret Benefits is a popular sugar daddy website that connects wealthy benefactors with attractive, goal-driven partners. Known for its user-friendly design, privacy features, and verified profiles, SecretBenefits.com makes sugar dating simple and secure in 2025.

    SecretBenefits continues to offer a safe and respectful environment for everyone who is navigating the sugar dating landscape. The platform has mutual benefits for both the sugar babies and sugar daddies. With upgraded features and security measures that promote the authenticity and trust of its users, Secret Benefits has shattered all the doubts about whether it is a sugar dating website or just a scam. 

    Why Wait? Join The Best Sugar Dating Site for Free!

    SecretBenefits.com is praised for its transparent and flexible credit system, real people verified profiles, and a login process that’s easy, fast, and reliable, and with the Secret Benefits app coming soon, mobile convenience is also going to become an integral part of this sugar dating website.

    These announcements follow months of monitoring and analyzing the causes of common sugar dating scams and frauds, followed by proactive safety measures that help the users of Secret Benefits avoid sugar daddy scams. As this method of modern dating gains traction, Secret Benefits offers real users, real profiles, and real boundaries, making it the only platform you can trust for your sugar dating experience. 

      Sign Up on Secret Benefits – Discreet & Secure

    Why SecretBenefits.com Is a Secure and Trustworthy Sugar Dating Site in 2025

    Secret Benefits creates a trusted network between individuals who want to build meaningful and mutually beneficial sugar-dating relationships. 

    However, since the sugar dating landscape is heavily dependent on online platforms, it is often plagued by scams, fake profiles, and unclear intentions, and one of the reasons behind them is scam websites. SecretBenefits.com stands out as a 100% reliable and transparent platform for those individuals who want to engage in sugar dating.

    This 2025 report marks a turning point for the sugar dating niche.

    With SecretBenefits, users can now benefit from its safe and secure features, such as enhanced identity verification protocols, search filters, and a modern user dashboard that makes this website very easy to use.

      Join Secret Benefits Today and Start Connecting

    Let’s break down what makes Secret Benefits the top most reliable sugar dating site in 2025.

    1. Transparent and Flexible Credit System

    A flexible credit system allows users of Secret Benefits to have complete freedom in tailoring their sugar dating course in a way they wish. It is very different from traditional subscription-based models that charge recurring fees. SecretBenefits.com accommodates the wants and needs of sugar daddies and sugar babies by offering a credit-based system. This allows users to pay only for the features they use, providing more freedom and control.

    The Key Benefits of the Flexible Credit System Are:

    • No monthly subscriptions – alter your profile as you progress in time
    • No hidden costs – spend only when you initiate a conversation
    • Transparent usage – the credit activity will be tracked very clearly in your account

    The flexible credit system is an attractive feature for users who are tired of overpriced dating websites and their memberships.

    2. Real People, Verified Profiles

    One of the best features of SecretBenefits.com that makes it a legit and secure sugar dating website, as emphasized in its 2025 report, is that it has 100% verified profiles. Secret Benefits has implemented multiple layers of security and is moving towards a multi-step verification process for users, merging simple verification methods like email checks and phones with photo validation and biometric matching. All of these measures solidify the authenticity of Secret Benefits and ensure that users are real people seeking genuine sugar relationships and arrangements.

    The Secret Benefits verification tools include:

    • Photo validation processes
    • Manually approved profiles
    • In-house monitoring team to review reported users

    By verifying both the identities of sugar daddies and sugar babies, Secret Benefits ensures that only real and verified users are allowed to join.

    Users feel safe knowing that Secret Benefits will keep fraudsters off the app, creating a trustworthy platform for the sugar dating community.

    Start Your Sugar Dating Journey on Secret Benefits

    3. SecretBenefits Login: Easy, Fast, and Secure

    Logging into SecretBenefits.com is as simple as it is secure. 

    The login credentials used by Secret Benefits identifies each profile separately, such as by username and password. These enable users to verify their identity if they want to log in to their online accounts.

    New users can sign up within minutes, and returning members enjoy the security of their accounts and passwords from multi-device compatibility and smart authentication layers. Secret Benefits is an online platform that includes the personal data of the sugar dating community, which is why there is a dire need for secure login credentials.

    Digital profiles exist for sugar babies as well as sugar daddies, and they hold sensitive information like their names, date of birth, mailing addresses, email addresses, and banking details.

    Secret Benefits offers an easy, fast, and secure login experience via:

    • Two-factor authentication
    • Password reset protocols
    • Secure browsing with HTTPS encryption

    SecretBenefits.com protects all of its accounts with a streamlined interface so that logging in, exploring profiles, and communicating is as enjoyable as it is secure.

    4. Design and User Interface: Sleek and User-Centric 

    SecretBenefits.com’s new design update in 2025 has made the site even more modern. User-centric design is very important as it directly influences the credibility and reliability of the sugar dating website. Websites that prioritize user needs create a platform that is not just intuitive but also functional.

    So, whether you’re accessing SecretBenefits.com from a desktop or mobile, the interface will always appear to be responsive and clean. SecretBenefits places its users at the center of its website design and development. By combining strategic processes, Secret Benefits ensures that the users never feel overwhelmed and that every design element, from the dashboard to the profile grid and messaging features, is optimized for their ease of use.

      Find a Mutually Beneficial Relationship with Secret Benefits

    5. Secret Benefits App: Coming Soon

    While Secret Benefits is fully accessible via a mobile browser and offers a better reach with its website, it is also a versatile platform. Those members of the sugar dating community who want personalized experiences will benefit from the mobile app that will help them customize their experience as per their needs. 

    However, it has been confirmed in the 2025 report that a Secret Benefits App is in the development phase and expected to launch later this year.

    The features that you can expect from the SecretBenefits.com app are:

    • Swipe-style browsing
    • Push notifications for messages
    • Integrated video calling
    • Biometric login support

    This highly anticipated app will work even faster than the website and perform actions quicker than the website SecretBenefits.com. It is expected to improve on-the-go connectivity and convenience for both sugar daddies and sugar babies.

    Join Thousands Using Secret Benefits for Sugar Dating

    User Reviews: What SecretBenefits Members Are Saying in 2025

    Secret Benefits reviews have continuously shown a strong satisfaction rate from sugar babies and sugar daddies. Here are some testimonials received by SecretsBenefits in 2025:

    “I had high expectations from the beginning. Joined SecretBenefits in January 2025 and I wasn’t surprised to see how real most of the profiles are. I connected with someone in less two weeks!” – Rebecca from Atlanta.

    “I travel very often, and one platform isn’t enough to connect with sugar dating community members from all over the world. But that’s not the case with SecretBenefits.com! It gives me amazing access to people all over the world and it is also reliable and safe.” – Sarah from Los Angeles.

    “Compared to other sites I’ve used, SecretBenefits.com is worth every credit. You really do meet real sugar daddies here.” – Claire from Chicago.

    Of course, every website has occasional critiques, and SecretBenefits.com was no exception.

    Some users noted that the regional availability was limited and that there were delays in customer support. However, SecretBenefits has promptly addressed all of these issues in its new report, and hence, all the users of the sugar community are now promised more efficient responses and a better and more modern user experience. SecretBenefits.com is also expanding its reach into new markets to add versatility and more features to the website for the sugar dating community.

    Explore Verified Sugar Daddy Matches on Secret Benefits

    Is SecretBenefits.com a Trustworthy Sugar Dating Website or a Scam? 

    After reading about the countless sugar daddy scams that revolve around Instagram, Snapchat, and other platforms on the internet, it’s natural to wonder if you can ever actually find a real sugar daddy online, and if so, where?

    There is only one answer to that: secretbenefits.com!

    SecretBenefits.com has eradicated all the possibilities of sketchy DMs from strangers on social media, thus bypassing fake sugar daddies and protecting its users from their scams. SecretBenefits.com is a legitimate and dedicated sugar dating platform that builds genuine connections between consenting adults. The reason why SecretBenefits.com is such an authentic and reliable website in the sugar dating world is that it clearly outlines terms of use, ensures profile verification, and reinforces messaging systems built into the platform to provide a safer, much more reliable, and structured environment, which is very much professional and different as compared to random apps or messaging platforms.

    So, is SecretBenefits.com a scam? Absolutely not!

    It’s a trusted website used by thousands of real sugar babies and sugar daddies who want a transparent approach to mutually beneficial relationships.

    Meet Real Sugar Daddies and Babies on Secret Benefits

    What Makes SecretBenefits Different from Sugar Daddy Scams?

    Secretbenefits.com never lets its users wander to third-party apps to communicate. The website encourages communication through its internal messaging system, thus reducing the need to switch to WhatsApp or Telegram. This is because these messaging apps are often a breeding ground for scammers in the sugar dating world. SecretBenefits.com also has a photo verification process, which helps you steer clear of catfishers who commonly use stock photos or stolen identities, just like they do on social media platforms.

    Most importantly, secretbenefits applies the same rules of discrimination on itself just like it does with the rest of the users. SecretBenefits.com will never ask for your banking information, nor will it facilitate payments between users. If someone on the site is asking you for money, you must immediately block and report them, as SecretBenefits.com has all the mechanisms necessary to deal with such cases promptly.

    Get Instant Access to Secret Benefits – Sign Up Free

    Real Users. Real Profiles. Real Boundaries.

    Another reason why so many users in the sugar dating world rely on SecretBenefits.com is that the entire platform is built on boundaries and mutual respect. 

    Sugar dating isn’t for everyone, but SecretBenefits.com makes this kind of relationship easier, even for amateurs. Those who join secret benefits are very clear about what they’re seeking, and the platforms allow them to showcase their needs and requirements on their own terms. This reduces confusion and friction between the users and cuts through the awkward small talk.

    Sugar babies can boost their profiles with detailed bios, preference filters, and a safe and secure management system that gives them the power to initiate conversations without any threat of scams or phishing. Sugar daddies, on the other hand, also benefit from a respectful environment where they can find companions who will have as much value for authenticity as they have.

    Unlock Exclusive Connections on Secret Benefits

    Can You Trust SecretBenefits?

    Yes. SecretBenefits.com is a 100% trustworthy sugar dating website.

    If you’re serious about sugar dating, SecretBenefits.com is one of the safest places to start. 

    It is true that no platform can eliminate scams and risk 100%. However, SecretBenefits.com has taken multiple steps to eliminate the risks of fraud or scams and to build a reputable community.

    Still doubtful? Explore secretbenefits.com yourself. It is easy to get started. Just create a free profile, browse anonymously, and take your time navigating the safe and secure environment of sugar dating.

    SecretBenefits.com Demographics and User Insights

    Secret Benefits has achieved significant growth in both user base and engagement rates. According to internal analytics released in the report, 70% of users created profiles as sugar babies, 30% created profiles as sugar daddies, and every month, there are 17 000 000 visits per month, and over 2 million messages are exchanged monthly.

    The reason why SecretBenefits.com is growing at such an appreciable rate is because it is a safe and simple platform that brings authenticity and reliability to the sugar dating experience.

    Browse Verified Profiles on Secret Benefits Now

    Secret Benefits Login, Support, and Help Desk

    If you ever face login problems, SecretBenefits offers fast support. The help desk now operates 24/7. So whenever you have any password resets, account recovery, or profile visibility concerns, reach out to the team, and your concerns will be addressed within hours.

    The most common login-related concerns that users of SecretBenefits.com face include the following:

    • Forgotten password retrieval
    • Email verification delays
    • Account review/approval timelines.

    However, the website platform and user experience have been dramatically improved, and in 2025, the login support at SecretBenefits.com will be more straightforward than ever.

    Create Your Free Secret Benefits Profile Now

    How SecretBenefits.com Works

    Secret Benefits connects sugar daddies and sugar babies via a safe, secure, user-friendly platform. Both sugar daddies and sugar babies can explore each other’s profiles. The platform operates as a credit-based platform and is available throughout the US, UK, Australia, and Canada. Here is how to get started;

    1. Sign up by verifying your email.
    2. Create a profile and upload your photos.
    3. If you are a sugar daddy, purchase credits ($0.29-0.59 each) to unlock messaging and photo features.
    4. After that you can initiate conversations and enjoy other features using credits.
    5. Chat, set expectations, and meet IRL if both parties are comfortable.

    Message Attractive Members on Secret Benefits Today

    How SecretBenefits.com Protects Your Privacy

    In 2025, online privacy is more important than ever. But it is compromised in more than one way in the sugar dating world when scammers enter the field.

    Secret Benefits has adopted many high-standard privacy practices that eradicate any chances of scams or fraud and guarantee complete protection to its online sugar dating users. Here is what is included in the privacy practices.

    • No public display of sensitive information
    • Users can choose what images are shown (public vs. private galleries)
    • Location-hiding features are available
    • No third-party data sharing.

    Is SecretBenefits.com Legit in 2025?

    Yes. Secret Benefits is a real sugar dating website that has millions of users worldwide. It is 100% legit and authentic.

    According to recent reviews and user feedback, Secret Benefits has come out to be a safe and reliable online platform where sugar daddies and sugar babies chat and get to know each other. After the initial conversation takes place and they are both comfortable with each other’s company, both parties can meet in real life based on mutual consent and respect.

    Find a Successful Partner on Secret Benefits

    Final Thoughts: Is SecretBenefits Worth It in 2025?

    The 2025 report solidifies the fact that SecretBenefits.com is the most premium and trustworthy sugar dating platform. Its credit system is fair. Its user base trusts the platform 100%. And its security features are top-tier and foolproof.

    For anyone looking to explore sugar dating in a safe and secure environment, SecretBenefits is the best place to start.

    Media Contact

    Company: Secret Benefits

    Email: support@secretbenefits.com

    Address: 3711 Taylor Street, New York, NY 10011

    URL: https:/secretbenefits.com

    Phone: +1 9146236465

    Content Accuracy Disclaimer
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    The MIL Network

  • MIL-OSI: Lightspark: Built for the Next Century of Money

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) — Three years ago, Lightspark started with a simple conviction: The way money moves should match the speed, openness, and intelligence of the Internet itself. Since then, the world has responded to a new kind of value — digital, borderless, and instant. But the infrastructure to move that value remains outdated, closed, cumbersome, and expensive.

    Everything Lightspark does aims to change that.

    Today, Lightspark unveils a bold new identity that reflects who they are and where they’re going. It’s a system designed for developers ready to move beyond the constraints of legacy infrastructure and toward faster, more innovative, and more open payments.

    A Brand Built for the Network Lightspark’s Building

    Lightspark’s new identity reflects how money is evolving. Not just a new logo or color palette – it’s a design system built to move as dynamically as the network behind it. Lightspark has rethought everything — from typography to motion — to echo the principles that drive us: open access, instant settlement, global reach. This is the new face of a faster financial future. Powered by Bitcoin and built on the Money Grid.

    Lightspark’s technology is already powering some of the most important financial experiences in the world:

    • Instant Bitcoin payments on Coinbase
    • Seamless payouts via UMA between the US, Mexico, Latin America, Asia and Europe
    • Real-time settlement for exchanges, wallets, and digital banks
    • Stablecoin issuance on Bitcoin via Spark

    The New Mark: Beyond the Bolt

    Lightspark is moving beyond the lightning bolt. The new mark signals the origin point of the Money Grid — inspired by the Cartesian co-ordinate system’s X, Y, and Z axes and the Right-Hand Rule from physics, a principle used in electromagnetism that connects to light waves—a nod to Lightspark’s name and mission. The design symbolizes precision, direction, and interconnected movement, reinforcing the role in powering a more efficient and intelligent global financial network. More than a symbol. It’s a navigation point for the Money Grid.

    Typography: Precision, Clarity, and Scale

    At the foundation of Lightspark’s new identity is Suisse Int’l—a modern interpretation of the classic Swiss Grotesk. Chosen for its clean geometry, timeless clarity, and international versatility, it reflects the qualities Lightspark values in the infrastructure built: strength, reliability, and precision.

    Suisse Int’l brings a functional elegance that allows information, not decoration, to lead. Its wide range of weights, global character support, and structural harmony make it ideal for scaling across surfaces, from product UIs to international campaigns. It’s a typographic system built for clear communication at scale, designed to move as fluidly as the Money Grid Lightspark is powering.

    A Palette Built to Move

    Money doesn’t stop at borders — and neither does Lightspark’s color system. Designed to be bold, expressive, and highly functional, Lightspark’s palette reflects the extensible nature of the Money Grid itself. This is a working color system from high-visibility colors used in interfaces and signals, like Spark, Universal Money Address, and Connect, to a range of neutral tones for structure and contrast. One that scales across products, touchpoints, and cultures. The palette is clean where it needs to be, and loud when necessary. It’s built for scale and flexible enough to adapt to how color is seen, felt, and used across cultures.

    Bringing it all Together

    The future doesn’t need to be imagined; it’s here. With Lightspark’s partners – digital banks, crypto exchanges, non-custodial wallets, developers, marketplaces, and the entrepreneurs shaping the Money Grid – Lightspark is just getting started.

    The MIL Network

  • MIL-OSI: Resource Capital Fund VII L.P. Sells Shares of Orezone Gold Corporation

    Source: GlobeNewswire (MIL-OSI)

    DENVER, April 28, 2025 (GLOBE NEWSWIRE) — Resource Capital Fund VII L.P. (“RCF”) reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in Orezone Gold Corporation (TSX: ORE) (the “Company” or “Orezone”).

    On April 17, 2025, RCF sold 40,000,000 common shares in the capital of Orezone (the “Orezone Shares”) at a price of C$1.15 per Orezone Share. The trade was executed through the facilities of the Toronto Stock Exchange, through Canaccord Genuity Corp. (the “Sale”). The net proceeds received by RCF in respect of the Sale was C$45,655,000.

    Immediately prior to the Sale, RCF owned and controlled a total of 72,415,660 Orezone Shares, representing approximately 13.75% of the issued and outstanding Orezone Shares. As a result of and immediately following the Sale, RCF owned and controlled a total of 32,415,660 Orezone Shares, representing approximately 6.16% of the issued and outstanding Orezone Shares.

    RCF also holds a US$25 million convertible debenture, previously issued by the Company on October 15, 2021 and amended on December 20, 2024 (the “Amended Debenture”). Pursuant to the terms of the Amended Debenture, RCF may elect to convert the outstanding principal amount of the Amended Debenture into Orezone Shares at a conversion price of US$0.70 per Orezone Share (the “Conversion Price”), in accordance with the terms set out in the Amended Debenture.

    Immediately prior to the Sale, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would have come to own an aggregate of 108,129,946 Orezone Shares, representing approximately 19.23% of the issued and outstanding Orezone Shares. As a result of and immediately following the Sale, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would come to own an aggregate of 68,129,946 Orezone Shares, representing approximately 12.12% of the issued and outstanding Orezone Shares.

    RCF disposed of the Orezone Shares in accordance with RCF’s investment policy to generate proceeds from its investment in Orezone. RCF may from time to time acquire additional securities of Orezone, dispose of some or all of the existing or additional securities or may continue to hold the securities of Orezone.

    The Company’s head office is located at Suite 450 – 505 Burrard Street, Vancouver, British Columbia V7X 1M3.

    To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

    About Resource Capital Fund VII L.P.

    RCF is a private investment fund existing under the laws of the Cayman Islands. RCF is ultimately managed by RCF Management LLC. For further information and to obtain a copy of the early warning report, please contact:

    Resource Capital Fund VII L.P.
    1400 Wewatta Street, Suite 850
    Denver, Colorado, 80202
    Telephone: (720) 946-1444
    Attn: Mason Hills

    The MIL Network

  • MIL-OSI: Arovia Named Top 5 Startup at eMerge Americas for Disruptive Portable Display Innovation

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 28, 2025 (GLOBE NEWSWIRE) — Arovia, a Texas-based innovator in portable display technology, has been named one of the Top 5 Startups at the eMerge Americas conference, held annually in Miami, FL. Selected from a pool of over 1,300 startups competing in the Emerge Accelerators program, Arovia was honored for its groundbreaking Splay, a 2-in-1 foldable 25-inch display and projector, that delivers big-screen performance in a compact, travel-friendly form.

    Heading into the conference, Arovia was first selected as one of the Top 100 startups, earning a prime booth space at the March 2025 event. The team impressed judges, investors, and industry leaders with live demonstrations of Splay’s capabilities. Over two days of hands-on engagement, founder pitches, and real-time feedback, Arovia advanced into the Top 25, and ultimately, the Top 5 startups overall.

    “We built Splay to solve real-world pain points,” said Alex Wesley, CEO and Co-Founder of Arovia. “Being recognized at eMerge is a huge validation of our vision. This community of investors and entrepreneurs saw the future we’re building—and that’s incredibly energizing.”

    At its core, Splay is engineered for versatility. It serves as a full HD display when you need it and a powerful short-throw projector when you don’t. Splay is powered by rechargeable battery, includes built-in speakers, and eliminates the clutter and cords of traditional setups. Whether you’re in the field, on the road, or setting up a home theater outdoors, Splay adapts to your environment—delivering big-screen performance from a collapsible package.

    The recognition at eMerge Americas marks another major milestone in Arovia’s rapid ascent. With a growing portfolio of portable display technology, including the upcoming Splay Max, the company is poised to redefine how people work, play, and connect on the go.

    About Arovia
    Founded by optical engineer Alex Wesley and mechanical engineer George Zhu, Arovia is a Texas-based company redefining portable display technology. Their flagship product, Splay, is the world’s first fully collapsible display and projector—delivering a 2-in-1 HD experience that fits in your bag. Recently recognized as a Top 5 Startup at eMerge Americas, Arovia is on a mission to empower people to work and play wherever they go—with freedom, clarity, and ease. Learn more at www.arovia.com

    Chris Herbert
    cherbert@pendulum-pr.com 
    614-448-8703

    The MIL Network

  • MIL-OSI: Landsbankinn hf.: S&P upgrades Landsbankinn’s credit rating to A-

    Source: GlobeNewswire (MIL-OSI)

    S&P Global Ratings has today announced an upgrade of Landsbankinn’s long-term credit rating from BBB+ to A-. This is the highest the Bank’s credit rating has been since 2014, when S&P started issuing ratings for the Bank.

    This upgrade to the Bank’s credit rating is issued with reference to additional loss-absorbing capacity (ALAC). In addition, the resolution counterparty ratings (RCR) for the long and short-term are raised from A-/A-2 to A/A-1.

    The outlook of the credit rating is stable.

    In the rationale for its decision, S&P refers to Landsbankinn’s ALAC buffer following the successful build-up of senior non-preferred debt where Landsbankinn demonstrated sound market access. S&P expects Landsbankinn to maintain an ALAC ratio of above 4% and a RAC ratio of over 15% over the next two years as well as maintaining a robust credit profile, strong income generation and sound asset quality.

    Lilja Björk Einarsdóttir, CEO of Landsbankinn:

    „We are absolutely thrilled to see an upgrade in Landsbankinn’s credit rating to the A-category by S&P Global Ratings. The new rating reflects the Bank’s solid operations and sound access to domestic and international capital markets.

    Over the last few years, Landsbankinn has taken strategic steps to improve the efficiency of its capital structure as well as meet increased regulatory demands that apply to systematically important financial institutions. We have issued equity instruments that qualify as Additional Tier 1 (AT1) capital and our latest issuance was a senior non-preferred bond in foreign currency. The Bank is well funded on both domestic and international markets and strongly positioned to support its customers.“

    Further information can be found in S&P’s announcement, available on the Bank’s website: https://www.landsbankinn.is/en/the-bank/investor-relations/credit-rating

    The MIL Network

  • MIL-OSI: TeraWulf Schedules Conference Call for First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., April 28, 2025 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it will hold its earnings conference call and webcast for the first quarter ended March 31, 2025 on Friday, May 9, 2025 at 8:00 a.m. Eastern Time.

    A press release detailing these results will be issued prior to the call on the same day.

    Conference Call Information

    To participate in this event, please log on or dial in approximately 5 minutes before the beginning of the call.

    Date: May 9, 2025
    Time: 8:00 a.m. ET
    Access ID: 13753593
    Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1717868&tp_key=6213e12bff
    Dial in: 1-877-407-0789 or 1-201-689-8562 
    Call me™: https://callme.viavid.com/viavid/?callme=true&passcode=13748140&h=true&info=company&r=true&B=6

    Participants can use the dial-in numbers listed above or click the Call me™ link for instant telephone access to the event. The Call me™ link will be available 15 minutes prior to the scheduled start time.

    Replay Information

    Dial-In: (844) 512-2921 or (412) 317-6671
    Replay Expiration: Friday, May 23, 2025 at 11:59 PM ET
    Access ID: 13753593

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including nuclear and hydroelectric power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

    Investors:
    Investors@terawulf.com

    Media:
    media@terawulf.com

    The MIL Network

  • MIL-OSI: Exabits teams up with NEAR to push the boundaries of decentralized AI

    Source: GlobeNewswire (MIL-OSI)

    The merging of NEAR’s AI tools with Exabit’s scalable compute ecosystem grants developers direct access to essential AI resources, allowing them to deploy applications with enhanced speed, accuracy, and efficiency

    SAN MATEO, Calif., April 28, 2025 (GLOBE NEWSWIRE) — Exabits, a compute base-layer platform that transforms GPU (graphic processing unit) clusters into AI-ready compute and tokenized financial assets, has received a NEAR Foundation Grant to enhance and aggregate essential compute resources, ensuring both privacy and verifiability, enabling the deployment of decentralized AI. Through this partnership, Exabits and NEAR will combine their expertise in computing, AI, and blockchain to advance the foundation of user-owned AI. By promoting a robust architecture, they aim to ensure that all market participants benefit and accelerate the development of AI technologies.

    An ecosystem is considered closed-loop if its parts and functions are contained in a single, self-sustaining environment, with limited interactions with external entities. In the context of AI, this young yet growing industry has grown reliant on Big Tech players. With over $300 billion projected to be spent on AI this year by companies like Microsoft, Amazon, and Meta, developers and enterprises face escalating development costs and fragmented resources, impeding progress.

    Through this partnership, Exabits and NEAR will build an all-in-one AI and blockchain infrastructure, providing a space for developing AI-powered applications, automated transactions, and advanced financial tools within a secure ecosystem. This collaboration will offer developers and enterprises on-demand, customizable computing resources for AI inference and training, powered by high-performance GPU hardware such as MI50, 4090, A100, and H100/H200. By prioritizing the protection and integrity of data and code, this partnership will make it easier to build privacy-preserving AI solutions within Trusted Execution Environments (TEE).

    Exabits was a founding partner, alongside other reputable projects, in the launch of the Open Agents Alliance, initially introduced by the NEAR AI team. This partnership also follows Exabit’s successful completion of the inaugural AI + HZN incubator by NEAR Foundation, alongside other projects such as Ringfence, Hyperbolic, Pond, Nevermind, and Mizu.

    “We have reached a critical point in AI’s development where we understand its immense potential, but projects are confronting the tough reality that accessing the infrastructure remains a challenge,” says Dr. Hoansoo Lee, Co-Founder of Exabits. “Given the critical nature of this issue, we’re excited to partner with a project like NEAR AI to offer the infrastructure and resources needed to turn concepts into real-life solutions. Together, we can help overcome these barriers put in place by major tech players and help developers benefit from optimized ecosystems.”

    “We are excited to partner with Exabits, a project that shares our vision of providing developers with the flexibility and power to develop AI-focused applications without the costs and limitations previously associated with AI infrastructure,” says Cameron Dennis, Head of Ecosystem and Partnerships of NEAR AI. “This collaboration reflects our shared commitment to creating an open, scalable AI ecosystem, free from barriers placed by bigger players in the industry. This partnership is a positive step forward, and we look forward to continuing to help developers grow their projects in an inclusive and welcoming environment.”

    About Exabits:
    Established in 2021, Exabits is a revolutionary compute base-layer platform transforming high-end GPU clusters into accessible digital investment assets. With proprietary hardware and software, Exabits enables users to invest in GPU infrastructure, generating yield through tokenized compute assets. The company serves both Web2 enterprises and decentralized Web3 protocols, powering innovation through its scalable and secure infrastructure. To learn more, please visit https://exabits.ai/

    About NEAR AI:
    Near.ai is building a verifiable and private agent hosting network and AI assistant that will turn every app into a super app. It is also building a hub that supports developers and entrepreneurs with AI infrastructure, cross-chain, AI-native, blockchain, mindshare, and capital to support decentralized, User-Owned AI. https://near.ai/

    Disclaimer: This is a paid post and is provided by Exabits. 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.

    Contact:

    Exabits
    ReBlonde
    contact@exabits.ai

    NEAR AI
    Illia Polosukin
    social@near.foundation

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46929af5-171b-4335-b1b8-e82e355d07a9

    The MIL Network

  • MIL-OSI: XRP News: XenDex Raises More Than 50% of Its Presale in Just 4 Days Amid XRP SEC Lawsuit And XRP ETF Updates

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, Australia, April 28, 2025 (GLOBE NEWSWIRE) — In a historic week for XRP, with Brazil approving the first XRP Spot ETF and major legal wins strengthening Ripple’s standing, XenDex is riding the wave of momentum, and it’s doing so at breakneck speed.

    In just four days, XenDex has sold over 50% of its $XDX presale allocation, far surpassing early expectations. As confidence in XRP’s future skyrockets, investors are racing to secure $XDX tokens before allocations dry up and prices move higher.

    Buy $XDX Now Before Presale Ends

    Whales, retail investors, and XRP community veterans alike are rallying around XenDex which is the first all-in-one decentralized exchange on XRPL offering AI-powered copy trading, non-custodial lending and borrowing, and cross-chain trading, all built with a sleek, intuitive interface for mass adoption.

    Apparently, the $XDX Presale is moving faster than anyone predicted

    Presale Key Details:

    • Token: $XDX
    • Exchange Rate: 1 XRP = 10 XDX
    • Minimum Buy: 150 XRP (1,500 XDX)

    Secure your position now, join the Presale Now Before It Sells Out: https://xendex.net/presale

    With momentum stronger than ever and supply steadily shrinking, every hour counts.

    XenDex isn’t just another DEX. It’s delivering real solutions to real gaps on XRP Ledger:

    • AI-Powered Copy Trading — Follow elite trading strategies in real-time
    • Non-Custodial Lending & Borrowing — Borrow and lend your XRP and $XDX tokens to earn rewards
    • Cross-Chain Trading — Swap and trade XRP tokens across major blockchain networks like Solana and BNB
    • Staking and Yield Farming — Earn rewards by supplying liquidity to the platform’s liquidity pool
    • DAO Governance — $XDX holders vote on the features, upgrades of XenDex

    Participate In $XDX Presale Now

    With more than half the presale tokens sold and thousands joining the XenDex community across Telegram and Twitter, the race is intensifying. Investors know that early entry not only locks in the best price but also unlocks premium rewards, staking benefits, and governance power once the platform fully launches.

    Between the surge in XRP market optimism and XenDex’s fast-moving presale, the opportunity to buy $XDX at launch pricing is disappearing quickly. Missing out now could mean paying much higher prices post-listing or worse, missing the breakout altogether.

    Visit Official XenDex Links

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    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/68525264-6d6d-484c-ab32-1540403e6ade

    The MIL Network

  • MIL-OSI: XRP News: XploraDEX $XPL Presale in Its Final 12 Hours—Last Call for Early Investors

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 28, 2025 (GLOBE NEWSWIRE) — The race to secure $XPL tokens is almost over. With just 12 hours remaining, the XploraDEX $XPL presale is closing one of the most electrifying early-stage opportunities ever seen on the XRP Ledger. Time is now a luxury few can afford—and the door to early access is about to slam shut.

    Participate in $XPL Presale Now

    XploraDEX has made history by becoming XRPL’s first AI-powered decentralized exchange, merging smart automation, predictive trading, and intelligent liquidity management into a single, seamless trading ecosystem. It’s a project built not just for today, but for the future of decentralized finance (DeFi).

    Early investors in the $XPL token are positioning themselves ahead of the curve, gaining access to what is shaping up to be XRPL’s most advanced DeFi infrastructure yet. By combining AI analysis with the speed and efficiency of XRPL, XploraDEX aims to completely revolutionize how decentralized trading operates.

    Thousands of wallets have already secured their $XPL allocations. With over 85% of the supply now claimed, the final batch is vanishing at lightning speed as the community realizes that the early access window is about to disappear forever.

    Buy $XPL Token Now

    The opportunity is no longer measured in days—it’s now counted in hours.

    Here’s a snapshot of what’s happening at this critical moment:

    • $XPL token distribution is nearly complete as early participants start receiving their tokens.
    • Only 12 hours remain before the presale window officially closes for good.
    • Platform activation is ready—staking, AI dashboards, and governance features will launch immediately after the presale.
    • DEX listings at higher valuations are set to go live shortly after the sale concludes.

    Every minute counts from here. The XRP community is buzzing like never before. Telegram groups are overflowing with new participants, while Twitter (X) spaces are dominated by last-minute updates, discussions, and whale movements. $XPL is the name on every trader’s lips—and those who delay now risk being left behind.

    Purchase $XPL Token Before Exchange Listing

    This is not the time to watch—it’s the time to act.

    When the presale closes in just a few hours:

    • New buyers will have to acquire $XPL on open decentralized markets—and at higher prices dictated by supply and demand.
    • Early adopters will immediately begin benefiting from staking rewards and governance activation on XploraDEX.
    • The full ecosystem deployment will commence

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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/781162ea-59f1-4ed1-85c2-4973d17fec25

    The MIL Network

  • MIL-OSI: CPA Canada calls climate disclosure rule pause ‘a step backward’

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — The Canadian Securities Administrators’ recent decision to pause its work on mandatory climate disclosure rules is a disappointing development that risks undermining both market transparency and Canada’s global competitiveness, says CPA Canada president and CEO.

    As climate-related risks become increasingly material to business operations, Pamela Steer says consistent and comparable sustainability reporting is essential for investors to make informed decisions.

    “Pausing progress on the climate disclosure rule is a disappointing step backward at a time when Canada must be moving forward,” says Steer.

    The decision comes at a critical juncture, as other jurisdictions around the world strengthen their climate disclosure frameworks. Without standardized requirements, Canadian organizations continue to report climate risks inconsistently, making it harder for investors to accurately assess exposure and shifting the burden of interpretation onto them.

    “In a global economy where assessing climate risk is increasingly a prerequisite for investment, this decision risks making our markets less attractive to international capital that we urgently need to drive innovation, competitiveness and economic growth,” says Steer.

    Institutional investors have already indicated that mandatory reporting would improve Canada’s standing in the race for global capital. While the pause may give businesses time to build internal capacity for future reporting, CPA Canada warns that further delays could undermine investor confidence and stall momentum.

    “Canada cannot afford to fall behind,” says Steer. “CPA Canada remains hopeful this is only a temporary pause, and that the CSA will soon renew its commitment to the consistency and clarity the market needs.”

    To schedule an interview with CPA Canada’s president and CEO, Pamela Steer, please contact media@cpacanada.ca.

    The MIL Network

  • MIL-OSI: ABC arbitrage : General meeting of June 6 2025

    Source: GlobeNewswire (MIL-OSI)

    ABC arbitrage

    General meeting of June 6 2025

    ABC arbitrage shareholders are invited to participate in the combined general meeting held on Friday 6 June 2025 from 10.30am at the Centorial Auditorium – 18 rue du Quatre Septembre – 75002 PARIS.

    The notice of meeting including the agenda and the text of the proposed resolutions was published in the French Compulsory Legal Announcements Journal (BALO) on Monday 28 April 2025. This notice along with all participation modalities are available on the company’s website (abc-arbitrage.com).

    This year, in accordance with Article R22-10-29-1 of the French Commercial Code, the entire General Meeting will be broadcast live on the Company’s website at the following address: abc-arbitrage.com.
    A recording of the meeting, in its entirety, will be available for consultation on the Company’s website (abc-arbitrage.com) no later than seven (7) working days after the date of the meeting and for at least two years from the date it is placed online.

    All documents and information required by the law are available to shareholders within the statutory period at the company’s headquarters.

    In addition, and as last year, Dominique CEOLIN, Chairman and CEO, is pleased to invite shareholders to take part in the webinar to be held on Monday 2 June 2025 at 6.00 pm (Paris time). This webinar will provide an opportunity for dialogue ahead of the Annual General Meeting.
    To take part, please register using the following link: ABC arbitrage webinar – shareholder – registration.

    In an environmentally-respectful approach in compliance with principles described in ABC arbitrage Group CSR (Corporate Social Responsibility) report, all documents required for the Combined General Meeting to be held are communicated electronically within the statutory period.

    On the day of the Combined General Meeting, we invite our shareholders to use their smartphones, tablets and any other electronic equipment to consult the document during the meeting (a Wi-Fi connection will be available) or to print beforehand the documents they deem necessary to attend the Combined General Meeting.

    Contacts : abc-arbitrage.com
    Relations actionnaires : actionnaires@abc-arbitrage.com
    Relations presse: VERBATEE / v.sabineu@verbatee.com
    EURONEXT Paris – Compartiment B
    ISIN : FR0004040608
    Reuters  BITI.PA / Bloomberg ABCA FP

    Attachment

    The MIL Network

  • MIL-OSI: Mattermost Wins Two Global InfoSec Awards for Incident Response and Secure Communication at RSA Conference 2025

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, Calif., April 28, 2025 (GLOBE NEWSWIRE) — Mattermost, Inc., the trusted leader in secure, real-time collaboration and workflow solutions for defense, intelligence, security, and critical infrastructure, today announces it is named a “Trailblazer for Incident Response” and “Cutting Edge in Secure Communications” as part of the 13th annual Global InfoSec Awards presented by Cyber Defense Magazine during the 2025 RSA Conference.

    Selected by a distinguished panel of information security experts, these accolades reinforce Mattermost’s position as the definitive leader in secure, mission-critical collaboration. They highlight the company’s proven ability to deliver resilient, real-time communication and workflow solutions that meet the stringent requirements of the U.S. Department of Defense, intelligence agencies, critical infrastructure operators, and Fortune 500 enterprises operating in the world’s most demanding environments.

    “Mattermost embodies three major features we judges look for to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

    “We are proud to be recognized for our unwavering commitment to strengthening cybersecurity operations and advancing mission resilience,” said Leigh Dow, Chief Marketing Officer at Mattermost. “These awards affirm the critical role Mattermost plays in enabling organizations to secure their most vital communications, maintain operational continuity, and execute with confidence—even in the most complex, high-risk environments.”

    A cutting edge solution for secure communication, the Mattermost platform delivers scalable, encrypted collaboration in air-gapped and self-hosted environments. With deployment options designed to support stringent data sovereignty and compliance needs, Mattermost empowers organizations to maintain complete control of their communications. The platform’s integrated suite of capabilities—including messaging, file sharing, calls, automation, and AI-powered support—helps teams across defense, government, utilities, financial and other organizations streamline workflows and maintain operational continuity.

    The Mattermost secure collaboration platform is also highly effective for coordinating incident response efforts in the event of service outages and cyberattacks. Mattermost’s deep integrations with SIEM, SOAR, and ticketing systems centralize incident management efforts while preserving auditability and compliance. Leveraging AI-powered triage tools, the platform streamlines response workflows with customizable, automated digital playbooks, role-based communications, and real-time alerting. By ensuring fast, secure coordination across global teams, Mattermost redefines how cybersecurity teams coordinate and execute response efforts during high stakes events.

    For more information about how Mattermost can eliminate information silos, automate workflows, and streamline incident response, please visit: https://mattermost.com/solutions/use-cases/out-of-band-incident-response/.

    About Mattermost
    Mattermost is the leading collaboration and workflow platform for mission-critical work. We serve national security, government, and critical infrastructure enterprises, from the U.S. Department of Defense, to global tech giants, to utilities, banks, and other vital services. We accelerate out-of-band incident response, DevSecOps workflow, mission operations, and self-sovereign collaboration to bolster the focus, adaptability, and resilience of the world’s most important organizations.

    Our enterprise software and single-tenant SaaS platforms are built to meet the custom needs of rigorous and complex environments while offering a secure and unrivaled collaboration experience across web, desktop, and mobile with channel-based messaging, file sharing, audio calling and screen share, with integrated tooling, workflow automation and AI assistance.

    Mattermost is developed on an open core platform vetted by the world’s leading security organizations, and co-built with over 4,000 open source project contributors who’ve provided over 30,000 code improvements towards our shared vision of accelerating the world’s mission-critical work. For more information visit mattermost.com.

    About Cyber Defense Magazine
    Cyber Defense Magazine (CDM) is the premier source of cybersecurity news and information for infosec professionals. Founded in 2012, CDM delivers expert insights, threat intelligence, and best practices from leading minds in the field. As an independent publication with a strong editorial team and an advisory board of global cybersecurity thought leaders, CDM covers everything from next-gen cyber technologies to critical vulnerabilities affecting the digital world.

    With a readership spanning CISOs, security practitioners, and enterprise IT leaders, Cyber Defense Magazine is known for its annual Global InfoSec Awards, celebrating the most innovative and forward-thinking companies in the industry. CDM is also the official media partner of the RSA Conference, where it amplifies the voices of cybersecurity pioneers through exclusive coverage, interviews, and multimedia content.

    For more information, visit www.cyberdefensemagazine.com

    The MIL Network

  • MIL-OSI: Cequence Snags Top Cybersecurity Honors at RSAC 2025 for API and Bot Protection

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — Cequence Security, a pioneer in next-generation API security and intelligent bot management, today announced it has been named the winner of two prestigious Global InfoSec Awards by Cyber Defense Magazine (CDM), the industry’s premier source for cybersecurity news and insights.

    • Hot Company in API Security
    • Most Innovative in Bot Management

    These awards highlight Cequence’s leadership in defending the modern enterprise against rapidly evolving API threats, ranging from automated bot attacks to sophisticated fraud and business logic abuse.

    In addition to the Global InfoSec wins, Cequence announced major developments at RSAC this year:

    • Skyfire Launch – Cequence now supports Skyfire, enabling secure, compliant access for autonomous AI agents to digital services by verifying agent identity and intent while continuing to block malicious bots and abuse.
    • New Product EnhancementsExpanded capabilities in discovery, risk scoring, and threat mitigation across multi-cloud environments were announced, giving security teams even greater control over complex API ecosystems.

    “We’re honored to receive these two highly competitive and globally recognized cybersecurity awards from Cyber Defense Magazine, especially during their 13th anniversary of celebrating innovation in infosec,” said Ameya Talwalkar, CEO of Cequence. “These accolades validate the innovation and relentless focus of our team in helping enterprises proactively secure every inch of their API surface and outsmart automated threats before damage is done.”

    Cequence Security’s UAP platform provides comprehensive protection across the entire API security lifecycle, with key capabilities including:

    • API Attack Surface Discovery: Provides an attacker’s view into an organization’s public-facing resources, identifying external API hosts as well as edge, infrastructure, gateway, and hosting providers.
      view, prioritizing risks for zero-friction security.
    • API Security Posture Management: Safeguards APIs by assessing risk across the entire inventory, ensuring compliance, and actively detecting and remediating coding errors.
    • Bot Management and Fraud Prevention: Protects against the full range of bot attacks, preventing data loss, theft, and fraud, eliminating downtime, brand damage, skewed sales analytics, and increased infrastructure costs.
    • Support for Agentic AI – Enables secure, authenticated access for autonomous AI agents through intelligent identity recognition, allowing businesses to safely serve agents without compromising on security or compliance.

    In addition, the platform offers deployment flexibility, supporting SaaS, on-premises, and hybrid environments, and can be onboarded in less than 15 minutes without app instrumentation or additional integrations.

    “Cequence embodies three major features we judges look for to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

    Additional Resources:

    About Cequence Security
    Cequence is a pioneer in API security and bot management, protecting the applications and APIs that organizations depend on from attacks, business logic abuse, and fraud. Our unique Unified API Protection platform unites discovery, compliance, and protection capabilities, providing unmatched real-time security in the face of sophisticated threats. Demonstrating value in minutes rather than days or weeks, Cequence offers a flexible deployment model that requires no app instrumentation or modification. Cequence solutions scale to meet the needs of the largest and most demanding private and public sector organizations, protecting more than 8 billion daily API interactions and 3 billion user accounts. To learn more, visit www.cequence.ai.

    About the Global InfoSec Awards
    This is Cyber Defense Magazine’s 13th year of honoring global InfoSec innovators. The awards celebrate startups to public companies with groundbreaking products that demonstrate unique value and forward-thinking technology in the information security space. Learn more at www.cyberdefenseawards.com.

    About Cyber Defense Magazine
    Cyber Defense Magazine is the industry’s leading source of information for cybersecurity professionals. Published by and for ethical InfoSec experts, CDM shares cutting-edge knowledge, real-world case studies, and honors the best in the field during major industry events like RSAC. Visit www.cyberdefensemagazine.com to learn more.

    The MIL Network

  • MIL-OSI: Optery Wins Best Service for Attack Surface Management in the 13th Annual Global InfoSec Awards at RSAC 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — Optery has won the Best Service for Attack Surface Management award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. Now in its thirteenth year, the Global InfoSec Awards recognize cybersecurity companies with innovative and compelling solutions that push the industry forward.

    “Data broker exposure, now officially part of the enterprise attack surface, is a huge security risk for organizations,” said Paul Mander, General Manager of Optery for Business. “The recent Black Basta leaks confirmed what we’ve long known—cybercriminals actively use data broker sites for reconnaissance and targeting. Optery delivers the most comprehensive and scalable solution for finding and eliminating employee PII exposure across these sites. In doing so, we help businesses dramatically reduce their attack surface for social engineering, credential compromise, and other PII-based threats. We’re honored to be recognized by Cyber Defense Magazine in this critical category.”

    “We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber-crime. Optery is absolutely worthy of this coveted award and consideration for deployment in your environment,” said Yan Ross, Global Editor of Cyber Defense Magazine.

    We’re thrilled to be a member of this exceptional group of winners, located here: http://www.cyberdefenseawards.com/

    Optery will be at RSAC 2025 providing live demos on how Optery’s patented technology works at booth N-6467 in the North Moscone Convention Center.

    About Optery
    Optery is the first company to offer a free report with dozens of screenshots showing where your personal information is being posted by hundreds of data brokers online, and the first to offer IT teams a completely self-service platform for finding and removing employee personal information from the web. Optery subscription plans automatically remove customers from these sites, clearing your home address, phone number, email, and other personal information from the Internet at scale. The service provides users with a proactive defense against escalating PII-based threats such as phishing and other social engineering attacks, credential compromise, identity fraud, doxing, and harassment. Optery has completed its AICPA SOC 2, Type II security attestation, and distinguishes itself with unparalleled search technology, data removal automation, visual evidence-based before-and-after reporting, data broker coverage, and API integration options. Optery was awarded “Editors’ Choice” by PCMag.com as the most outstanding product in the personal data removal category in 2022, 2023, 2024, and 2025, received Fast Company’s Next Big Things in Tech award for security and privacy in 2023, was named winner in the Employee Privacy Protection, Attack Surface Management, and Digital Footprint Management categories of the 2024 and 2025 Cybersecurity Excellence Awards, and received the Top InfoSec Innovator Award for Attack Surface Management by Cyber Defense Magazine in 2024. Hundreds of thousands of people and hundreds of businesses use Optery to prevent attacks and keep their personal information off the Internet. Learn more at https://www.optery.com/.

    About the Global InfoSec Awards
    This is Cyber Defense Magazine’s thirteenth year of honoring InfoSec innovators from around the Globe. Our submission requirements are for any startup, early stage, later stage, or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com

    About the Judging
    The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for best of breed, next generation InfoSec solutions.

    About Cyber Defense Magazine
    Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.

    Optery Media Inquiries
    Sara Trammell
    sara@optery.com 

    CDM Media Inquiries:
    Contact: Irene Noser, Marketing Executive
    Email: marketing@cyberdefensemagazine.com
    Toll Free (USA): 1-833-844-9468
    International: 1-646-586-9545
    Website: www.cyberdefensemagazine.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c5138f0-3846-4d00-8e79-e7bfb8fea02b

    The MIL Network

  • MIL-OSI: ReversingLabs Named Winner of the Global InfoSec Awards at RSA 2025 Conference

    Source: GlobeNewswire (MIL-OSI)

    ReversingLabs Spectra Assure® Named Most Advanced Software Supply Chain Security Solution

    SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — RSAC 2025: Booth N-4428ReversingLabs (RL), the trusted name in file and software security, today announced that Spectra Assure has been named a winner in the Top Global InfoSec Awards in the Most Advanced Software Supply Chain Security category from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

    “At this year’s RSA conference, conversations about software supply chain security threats remain front and center, with awareness shifting from threats hiding within open source to identifying and eliminating malware and tampering within the largest and most under-addressed attack surface for enterprises today, third-party commercial software,” said Mario Vuksan, CEO and co-founder, ReversingLabs. “We are excited that Cyber Defense Magazine has recognized Spectra Assure, which is helping software vendors and enterprise buyers see and stop supply chain threats they never could before with their legacy AST solutions.”

    The 2025 Global InfoSec Award winners were announced today during RSAC 2025 in San Francisco. You can access the complete list of winners at http://www.cyberdefenseawards.com.

    “ReversingLabs embodies three major features we judges look for to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution, and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

    ReversingLabs at RSAC 2025
    In addition to the award, RL executives will be on-site at this week’s RSA Conference at Booth #N-4428, where attendees can hear about Spectra Assure and the recent news that it has expanded support for CycloneDX Extended Bill of Materials (xBOMs), including Cryptographic Bill of Materials (CBOM), Software-as-a-Service Bill of Materials (SaaSBOM), and Machine Learning Bill of Materials (ML-BOM), providing the most comprehensive xBOM and risk analysis for fully compiled commercial software.

    RL executives will be speaking about current software supply chain challenges and opportunities. Details include:

    • ReversingLabs: What’s in Your Commercial Software?
    • Executive: RL Chief Trust Officer Saša Zdjelar
    • Time: Tuesday, April 29 from 12:40 PM – 1:00 PM PT
    • Location: Briefing Center, South Expo Hall, S-2100
    • Topic:  How the attacks on SolarWinds, CodeCov, and 3CX show that enterprises need a better tool to identify the risks in third-party commercial software beyond vulnerabilities. Come learn why SBOMs and questionnaires won’t protect your business from third-party software risks like malware and tampering and how two F100 companies use binary analysis to stay safe.

    Additionally, the RL booth will feature the second annual RL Book Club at RSAC. This year’s authors include:

    • Michael Sikorski, author of Practical Malware Analysis: The Hands-On Guide to Dissecting Malicious Software
      Date / Time: Tuesday, April 29 at 2 pm PT
    • Joseph Menn, author of Cult of the Dead Cow: How the Original Hacking Supergroup Might Just Save the World
      Date / Time: Wednesday, April 30 at 2 pm PT

    For complete details on all ReversingLabs RSA activities and to schedule a meeting, visit here. For additional details on the award-winning Spectra Assure software supply chain security solution, click here.

    About ReversingLabs
    ReversingLabs is the trusted name in file and software security. We provide the modern cybersecurity platform to verify and deliver safe binaries. Trusted by the Fortune 500 and leading cybersecurity vendors, RL Spectra Core powers the software supply chain and file security insights, tracking over 422 billion searchable files with the ability to deconstruct full software binaries in seconds to minutes. Only ReversingLabs provides that final exam to determine whether a single file or full software binary presents a risk to your organization and your customers.

    About Cyber Defense Magazine
    Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professionals in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.

    Media Contact
    Doug Fraim
    Guyer Group
    Doug@Guyergroup.com

    The MIL Network

  • MIL-OSI: XRP News: XenDex Sells More Than 50% of Its Presale Ahead of Listing on Major Exchanges

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, April 28, 2025 (GLOBE NEWSWIRE) — In a monumental week for XRP and the broader crypto market, XenDex is making headlines once again. Fresh off the approval of Brazil’s first XRP Spot ETF, the SEC’s withdrawal of its XRP lawsuit, and ProShares’ XRP Futures ETF approval, XenDex is riding a historic wave of momentum and investors are going all in without thinking twice.

    In just about four days, XenDex has sold more than 50% of its $XDX token presale allocation, surpassing all early projections. With major exchange listings on the horizon, early supporters are racing to secure $XDX tokens at launch prices before broader exposure sends demand soaring.

    Buy $XDX Now Before Presale Ends

    XenDex isn’t just another project — it’s the first all-in-one decentralized exchange (DEX) built on the XRP Ledger offering AI-powered copy trading, non-custodial lending and borrowing, staking, and cross-chain trading, all in a simple, fast, and beginner-friendly platform.

    Presale Key Details:

    • Token: $XDX
    • Exchange Rate: 1 XRP = 10 XDX
    • Minimum Buy: 150 XRP (1,500 XDX)

    Join Now Before It Sells Out: https://xendex.net/presale

    Confirmed Listings on Top Exchanges

    Following the presale, $XDX is preparing for high-profile listings across major platforms, including:

    • Binance
    • Gate.io
    • MEXC
    • BitMart
    • FirstLedger
    • MagneticX

    These upcoming listings are expected to drive significant liquidity and investor access, positioning $XDX for massive exposure and trading volume right from the start.

    XenDex delivers solutions the XRP Ledger has long been missing:

    • AI-Powered Copy Trading — Automate trades by mirroring elite traders
    • Non-Custodial Lending & Borrowing — Borrow and lend your XRP and XDX tokens to earn rewards
    • Cross-Chain Trading — Swap and trade XRP tokens across major blockchains like Solana and BNB

    With XRP market confidence exploding and infrastructure like ETFs strengthening the ecosystem, XenDex is emerging as the DeFi gateway for XRP’s new era.

    Buy $XDX Now & Earn Rewards

    Thousands of new investors have already joined XenDex’s Telegram and Twitter communities, locking in $XDX tokens before wider exchange exposure drives prices upward.

    Presale supply is being squeezed aggressively. Exchange listings are locked in. XRP’s momentum is unstoppable.

    There has never been a better moment to position yourself early. Join now before the window closes.

    Visit Official XenDex Links

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    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/05c01326-e101-43f5-92a2-2efffd95f449

    The MIL Network

  • MIL-OSI: Best Payday Loans Online with No Credit Check and Same Day Guaranteed Approval for Bad Credit 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, April 28, 2025 (GLOBE NEWSWIRE) — Payday Ventures, a leading provider of online payday loan solutions, today announced enhanced loan options for borrowers seeking no credit check payday loans with same-day approval. The company now offers expanded access to $255 payday loans online, ensuring faster application reviews, flexible repayment terms, and support for borrowers with less-than-perfect credit. This expansion reinforces Payday Ventures’ commitment to providing affordable and transparent financial solutions across the United States.

    Instant Payday Loans Online Guaranteed Approval – Quick Overview

    • Big Buck Loans: Leading Provider of Affordable Online Payday Loans up to $5K
    • Green Dollar Loans: Best for $255 Payday Loans Online Same Day Feedback
    • Viva Payday Loans: Payday Loans Online Same Day Feedback with APRs from 5.99%
    • Loan Raptor: Small Payday Loans Online No Credit Check Alternatives for Bad Credit Borrowers
    • Heart Paydays: Instant Payday Loans Online Guaranteed Approval Alternatives for First-Time Borrowers

    For those looking for small payday loans online no credit check alternatives or instant payday loans online guaranteed approval alternatives, it’s important to choose lenders that offer fair terms rather than risky, quick approvals. While 1 hour payday loans online no credit check instant approval alternatives sound appealing, the best online payday loans prioritize affordability and transparency.

    If you’re considering payday loans online no credit check instant approval alternatives or $255 payday loans online same day no credit check alternatives, installment loans or cash advance apps may provide a safer solution. Even with online payday loans for bad credit, lenders now offer better instant payday loans online alternatives with manageable repayment plans.

    Click Here to Apply for No Credit Check Loans >>

    Best Online Payday Loans 2025: No Credit Check

    1 hour payday loans online no credit check instant approval alternatives are short-term loan options designed for fast processing without strict credit checks. While instant approval isn’t guaranteed, these alternatives connect borrowers with lenders who assess eligibility based on income and ability to repay rather than just credit scores.

    Types of 1 Hour Payday Loans Online No Credit Check Instant Approval Alternatives

    Best Online Payday Loans for Bad Credit

    The best online payday loans for bad credit offer amounts ranging from $100 to $5,000, with flexible repayment options from a few weeks to several months.

    Best Online Payday Loans for Self-Employed

    The best online payday loans for self-employed borrowers offer flexible funding options without traditional pay stubs.

    How to Apply for $255 Payday Loans Online Same Day No Credit Check Alternatives

    • Visit Big Buck Loans to Apply for $255 Payday Loans Online Same Day No Credit Check Alternatives
    • Input Your Details in the Online Payday Loans No Credit Check Alternatives Application Form
    • Get Feedback on Online Payday Loans No Credit Check Alternatives Applications in Minutes
    • Get a Speedy Payout on Approved Online Payday Loans for Bad Credit

    Factors to Select Online Payday Loans for Bad Credit

    We chose loan finder platforms that provide:

    • Solutions tailored for borrowers with low credit scores.
    • A range of loan amounts to suit different financial needs.
    • Manageable repayment plans designed for convenience.

    FAQs

    Can You Get Online Payday Loans for Bad Credit Without a Credit Check?
    Many online lenders offer payday loans for bad credit, focusing on income and affordability instead of strict credit score requirements. This means that bad credit borrowers can expect to be approved for a loan if they can prove they can afford it.

    How Are Online Payday Loans for Bad Credit Different from Traditional Loans?
    Unlike traditional loans that rely heavily on credit scores, these payday loans prioritize steady income and repayment ability over past financial history.

    Do Instant Payday Loans Online Alternatives Really Provide Same-Day Funding?
    While instant payday loans online alternatives offer fast approvals, actual funding times vary, with most lenders providing access to cash within 24–48 hours.

    Contact:

    Name: Mukesh Bhardwaj
    Address: Texas, United States
    Email: mukesh@paydayventures.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/06f9c7cb-630e-4b6f-9534-9316177d2bd3

    The MIL Network

  • MIL-OSI: Huntress Empowers Businesses to Take Control of Their Identity Security with Enhanced Managed Identity Threat Detection & Response Solution

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md. and SAN FRANCISCO, CA, April 28, 2025 (GLOBE NEWSWIRE) — Today, at the RSA Conference, Huntress unveiled its newly enhanced Managed Identity Threat Detection and Response (ITDR) solution, purpose-built to wreck hacker identity tradecraft, alongside new research on the growing threat of identity-based attacks and organizations’ ability to defend against them.

    Drawing insights from an independent UserEvidence survey of more than 600 IT and security professionals, the Huntress 2025 Managed ITDR Report: Identity Is the New Security Perimeter reveals key trends highlighting the growing frequency, severity, and cost of identity-based attacks:

    • Identity-based attacks are rising. A staggering 67% of organizations reported an increase in identity-based incidents over the past three years, with these attacks comprising more than 40% of security incidents for more than a third (35%) of organizations in the past year alone.
    • Rogue applications are a top concern. Nearly half (45%) of respondents encountered rogue and/or malicious applications in the past year, and 46% cited them as a top identity-based concern.
    • Detection and response times are lagging. More than half of organizations (53%) say it takes them hours to detect identity-based security incidents, with over two-thirds (68%) unable to detect or respond until attackers have already established persistence.
    • The financial impact is significant. The consequences of these attacks go beyond downtime and reputational harm, with 32% of businesses impacted by identity-based incidents reporting losses exceeding $100,000.

    “There’s no denying identity is the new endpoint. With widespread cloud adoption, the shift to hybrid work, and an increased reliance on SaaS applications, the identity attack surface has exploded over the past few years,” said Prakash Ramamurthy, Chief Product Officer at Huntress. “Hackers are no longer wasting time breaking into networks the hard way. They’re logging in using stolen credentials, session cookies, and access tokens to bypass endpoint protection and exploit weak multi-factor authentication. Our Managed ITDR solution gives organizations the proactive detection and response they need to take control of their identity security posture before attackers do.”

    Advanced Detection and Response Capabilities For “Always-On” Protection
    Protecting more than 1.8 million identities, Huntress Managed ITDR has stopped 28,000 identity attacks and counting in the last six months. With a 3-minute mean time to respond (MTTR) and a low false positive rate, Huntress Managed ITDR stops threats like phishing, Adversary-in-the-Middle (AitM) attacks, and full-scale account takeovers before they escalate. Powered by Unwanted Access, Shadow Workflows, and its new Rogue Apps capability, the solution dismantles the identity tradecraft hackers love to abuse with three primary capabilities:

    1. Rogue Apps: A new capability that makes Huntress the first vendor to offer proactive protection against OAuth application threats. These applications are frequently weaponized to access valuable data and establish persistent backdoors that can lurk in environments for years undetected. Rogue Apps proactively detects malicious or risky OAuth applications installed in Microsoft 365 environments and gives clear, actionable steps for removal.
    2. Unwanted Access: Session hijacking and credential theft are two primary ways hackers take over accounts. Unwanted Access shuts down this tradecraft by detecting and responding to any unexpected login behaviors, location-based or VPN anomalies, isolating the compromised identity before it can be exploited.
    3. Shadow Workflows: Hackers often manipulate email delivery using inbox rules and mail forwarding techniques to carry out business email compromise (BEC) scams or steal sensitive data. Shadow Workflows monitors and detects malicious inbox and forwarding rules so emails stay secure and only reach their intended destination. More features for this capability will be released in Q2 to detect malicious outbound phishing campaigns.

    “Through our research, it became strikingly clear that the threat posed by malicious OAuth applications was far greater than initially anticipated,” said Matt Kiely, Principal Cybersecurity Researcher at Huntress. “That realization drove us to develop the Rogue Apps capability to empower organizations to proactively detect and eliminate these threats. With this new capability, we’ve already analyzed over 20 million OAuth applications across our customer base and have been able to pinpoint those most likely to be malicious with incredible precision. This allows us to shrink the proverbial haystack, quickly find malicious OAuth applications, and swiftly take action.”

    “Huntress Managed ITDR has been a game-changer for us. Not only is it priced in a way that actually works for our clients, but it’s also made managing their Microsoft 365 identities and email environments so much easier,” said Ryan Rowbottom, Director of IT Services at PCS. “The tool is super effective, and the team at Huntress keeps rolling out new capabilities like Rogue Apps to help us stay ahead of attackers. While I was initially skeptical because the price seemed almost too good to be true, I’ve been completely won over.”

    Additional resources:

    • Attending RSA Conference? Stop by booth #1945 in the Moscone South Expo to learn more about Huntress Managed ITDR.
    • Discover the real-world impact of identity-based attacks, how businesses are fighting back, and steps to boost your identity security in our latest research.
    • Attacks are getting personal. Start a free trial of Huntress Managed ITDR to take control of your identity security.
    • Register for the webinar “Identity Is the New Endpoint: Meet the Next Evolution in Threat Detection” on May 6, 2025, to hear from our experts on identity-based attacks and how to stop them.

    About Huntress
    Huntress is the enterprise-grade, people-powered cybersecurity solution for all businesses, not just the 1%. With fully owned technology developed by and for its industry-defining team of security analysts, engineers, and researchers, Huntress elevates underresourced tech teams whether they work within outsourced IT environments or in-house IT and security teams.

    The 24/7 industry-leading Huntress Security Operations Center (SOC) covers cyber threats for outsourced IT and in-house teams through remediation with a false-positive rate of less than 1%. With a mission to break down barriers to enterprise-level security and always give back more than it takes, Huntress is often the first to respond to major hacks and threats while protecting its partners and shares tradecraft analysis and threat advisories with the community as they happen.

    As long as hackers keep hacking, Huntress keeps hunting. Join the hunt at www.huntress.com and follow us on X, Instagram, Facebook, and LinkedIn.

    Huntress Contact:
    Aaron Deal
    press@huntresslabs.com

    A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/e775d6aa-6345-49d6-bf8d-a8964910cc1a

    The MIL Network

  • MIL-OSI: BexBack Introduces 100x Leverage, No KYC, and Exclusive Bonuses Amid Crypto Market Volatility

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) — As Bitcoin has surged to new highs, reaching $95,000, BexBack, a fast-growing cryptocurrency derivatives platform, is positioning itself to help traders capitalize on market opportunities. Offering up to 100x leverage and no KYC, BexBack is redefining what it means to trade freely in today’s volatile market.

    In light of U.S. economic policies, such as recent tax adjustments and fiscal concerns, cryptocurrency has remained an attractive hedge. BexBack offers a suite of features that empower traders, including high leverage and enticing bonuses, to navigate the uncertain market with greater flexibility.

    Leverage Trading Made Simple

    With up to 100x leverage, BexBack enables traders to open larger positions with smaller capital. A small price movement in Bitcoin could result in significant gains, especially for those utilizing high leverage. However, traders are advised to manage risk carefully, as higher leverage also increases potential risks.

    Exclusive Bonuses to Maximize Profits

    1. $100 Welcome Bonus: Available to new users who deposit at least 0.01 BTC or 1000 USDT and complete their first trade. This bonus can help offset potential losses, offering a cushion as you start trading.
    2. 100% Deposit Bonus: Double your funds by applying for the 100% deposit bonus. While this bonus can’t be withdrawn, it can be used as margin, helping you open larger positions and trade with greater flexibility. Profits generated from trading with this bonus are fully withdrawable.

    Why Choose BexBack?

    • No KYC Requirements: BexBack prioritizes privacy, offering anonymous trading without the need for identity verification.
    • No Slippage, No Spread: Trades are executed at the set price, even with large positions, ensuring better price certainty.
    • Global Access: Available to users in the U.S., Canada, Europe, and more, with 24/7 customer support.
    • High-Leverage Trading: Trade with up to 100x leverage, maximizing your capital’s potential.

    About BexBack

    Launched in May 2024 and headquartered in Singapore, BexBack has quickly attracted over 500,000 users worldwide. The platform offers 100x leverage on Bitcoin, Ethereum, Solana, Cardano, and more, with no deposit fees and powerful promotional offers.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b71c86-c6be-4be1-9564-7a837253637d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/475f2845-0af3-4e33-8834-614f685b323a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/43201cc0-e110-426c-b827-95701fced70b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fd260378-e7b1-46fa-a657-925c5dff1c0b

    The MIL Network

  • MIL-OSI: Hedge Funds Down-shifted on Pro-Growth Positions During Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) — Unlimited, an asset management firm and ETF sponsor that uses proprietary technology to provide low-cost, alternative strategies to a variety of investors, today published its Q1 2025 Hedge Fund Barometer, which showed a significant reversal of pro-growth positions in both U.S. equities and corporate bonds over the quarter as well as an increase in bets on gold.

    According to Unlimited’s proprietary technology, hedge fund managers came into the year with relatively low conviction and modest views but subsequently ramped up pro-growth positions including long the U.S. dollar, and credit spread and equity bets in line with increased expectations of U.S. growth from the new administration. The majority of those positions were reversed starting in February with the exception of extending bullish positions on gold.

    “Hedge fund positioning shows some of the lowest conviction in the direction of asset prices that we have seen in decades,” said Bob Elliott, CEO and CIO of Unlimited and portfolio manager of actively-managed ETFs. “Those positions were a dramatic transition from the beginning of the quarter when hedge funds were ramping up their bullish bets on the U.S. economy. The prominence of policy volatility likely triggered managers’ reluctance to hold significant directional positions.”

    Hedge funds eked out modestly positive performance in the first quarter with the mix of sub-strategy returns largely reversing the moves of the previous quarter. Emerging Market funds outperformed meaningfully as Chinese stocks surged meanwhile Equity Long/Short and Event Driven strategies came in weak.

    1Q25 Hedge Fund Strategy Performance, Gross of Fees

    • Industry Return: 1.7%
    • Best Performing Fund Style: Emerging Markets 6.3%
    • Worst Performing Fund Style: Event Driven -0.8%

    Unlimited’s Hedge Fund Barometer showed other notable moves during the quarter included:

    • Bearish outlook on oil shifted towards neutral bullish positioning in Chinese and Japanese equities
    • Notable underweight in U.S. biotech
    • Equity Long/Short managers remain bearish on U.S. small and mid-cap companies

    Click here to view a video on how Unlimited’s technology works.

    About Unlimited
    Founded in 2022 by Bob Elliott, Bruce McNevin and Matt Salzberg, Unlimited is an investment firm using proprietary technology to create strategies that offer lower-cost access to 2 & 20-style alternative investment strategies, such as hedge funds, to a wide variety of investors. Mr. Elliott has built innovative hedge fund strategies for more than two decades, including at Bridgewater Associates, the world’s largest hedge fund. Mr. McNevin is a Professor of Economics at New York University and has held various data science positions at hedge funds Clinton Group and Midway Group, along with positions at Bank of America and BlackRock. Mr. Salzberg serves as a Managing Partner at Material and Board Director of Unlimited. Learn more at unlimitedfunds.com.

    For informational and educational purposes only and should not be construed as investment advice. The data shown herein represents past performance and should not be construed as providing any assurance or guarantee as to returns that may be realized in the future. No representation is being made that any investment will or is likely to achieve profits or losses similar to those shown herein. No investment strategy or risk management technique can guarantee return or eliminate risk in any market environment.

    Media Contacts:  
    Sarah Lazarus Zach Kouwe
    Dukas Linden Public Relations Dukas Linden Public Relations
    +1 617-335-7823 +1 551-655-4032
    sarah@dlpr.com zkouwe@dlpr.com

    The MIL Network

  • MIL-OSI: Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”), is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD $0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 3.4%.

    Record Date Payment Date Distribution per Unit
    April 30, 2025 May 7, 2025 CAD $0.038
    May 30, 2025 June 6, 2025 CAD $0.038
    June 30, 2025 July 8, 2025 CAD $0.038
         

    ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”) offered by the Fund, which provides investors with the ability to automatically reinvest distributions and realize the benefits of compounded growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.

    The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.

    For further information, please visit our website at www.caldwellinvestment.com or contact us at 416-593-1798 or 1-800-256-2441.

    The Fund was first offered to the public as a closed-end investment on May 28, 2015 and was converted into an open-end mutual fund effective as of November 15, 2018, with all outstanding units designated as Series F units. The ETF Series of the Fund was launched on March 18, 2020.  Performance of the Fund prior to the conversion date would have differed had the Fund been subject to the same investment restrictions and practices of the current open-end mutual fund.

    Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Caldwell Investment Management Ltd. makes no representations or warranties on the accuracy and completeness of the information included herein. Certain statements herein contain forward looking information based on certain historical information of the Fund and represent current expectations as of the date of this press release. Actual future results may differ materially due to but not limited to prevailing market conditions, there being no assurance of realizing capital gains and no assurance that issuers held in the portfolio will pay dividends or distributions on their securities. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. The payment of distributions should not be confused with a fund’s performance, rate of return or yield. If distributions paid are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid. Your adjusted cost base (“ACB”) will be reduced by the amount of any returns of capital and should your ACB fall below zero, you will have to pay capital gains tax on the amount below zero.

    The MIL Network

  • MIL-OSI: Lifestage Financial Partners with Native Source Restaurant Group, a Subsidiary of Little River Holdings LLC, to Deliver Universal Worker Wealth and Benefits

    Source: GlobeNewswire (MIL-OSI)

    MANISTEE, Mich., April 28, 2025 (GLOBE NEWSWIRE) — In a groundbreaking move to elevate financial security and opportunity for workers across the hospitality, small business, and franchise sector, Lifestage Financial, a community-first financial and wealth building platform and portfolio company of 22 X Ventures, has entered into a transformative partnership with Native Source Restaurant Group (NSRG)—who, through their subsidiary, NativeWahl owns the Exclusive Master Franchise Rights to Wahlburgers on all tribal land in North America. Through this alliance, Lifestage Financial will deliver universal worker wealth and benefit solutions to NSRG’s growing national workforce, including tribal members, small business and franchise employees. The partnership marks a national model for how tribal enterprises can lead the way in redefining workplace prosperity, wealth access, and multigenerational empowerment.

    “This is not just a benefit package—it’s a financial freedom system built for the people who make America run,” said Minh Le, Co-founder of Lifestage Financial. “We’re proud to partner with a visionary tribal enterprise like NSRG to give every worker the tools to grow wealth, weather economic shifts, and create generational opportunity.”

    About Native Source Restaurant Group (NSRG)

    As the Exclusive Master Franchisee to Wahlburgers on all tribal land in North America, NSRG oversees operations and expansion of Wahlburgers restaurants across the country on tribal land. NSRG is driven by a vision to leverage hospitality for tribal advancement—creating jobs, empowering workers, and reinvesting into tribal communities and sovereign development projects. We believe in empowering success through our people. Our team is the cornerstone of our business. We are committed to creating opportunities for growth, developing leadership skills, and prioritizing well-being, ensuring that every individual has the support, resources, and opportunities to reach their full potential.

    Wahlburgers: A Brand with Purpose

    A globally recognized, chef-inspired burger restaurant founded by Chef Paul Wahlberg and his brothers, Mark and Donnie Wahlberg. Blending quality food with a welcoming atmosphere, the brand thrives on exceptional hospitality and a family-first experience. At Wahlburgers, we’re not just creating jobs—we’re building pathways to better lives.

    “Partnering with Wahlburgers is about building a culture of care. Now, through our collaboration with Lifestage Financial, we’re weaving that care directly into the lives of our workforce,” said Josh LeClair, CEO of NSRG. “This partnership demonstrates what’s possible when business, technology, and tribal sovereignty come together in service of the people.”

    “This partnership between Lifestage Financial and Native Source Restaurant Group exemplifies the type of impactful investment that 22 X Ventures seeks to support,” said Wayne Kalish, Senior PE Advisor at 22 X Ventures. “By combining innovative financial and wealth building solutions with tribal enterprise, responsible capitalism, we’re creating a model that addresses real economic challenges while generating sustainable value across multiple communities. This initiative perfectly demonstrates how strategic partnerships can drive both business growth and meaningful social impact.”

    About Lifestage Financial

    Lifestage Financial provides financial prosperity and security for every worker—regardless of job title, background, or income level. Its all-in-one platform offers personalized wealth planning, tax-free retirement options, housing protection, income stability tools, and estate strategies typically reserved for the wealthy—now reimagined for America’s workforce. Learn more www.lifestagefinancial.com.

    About 22 X Ventures
    22 X Ventures is a private capital firm investing in transformative companies that align with its mission to create sustainable value across industries and communities. The firm focuses on growth-stage companies with high disruption potential and clear market advantages. Learn more www.22xventures.com.

    Media Contact:

    Minh Le
    Public Relations Manager
    22 X Ventures and Lifestage Financial  
    Email: info@22capitalpartners.com
    Phone: 703-629-1131

    The MIL Network

  • MIL-OSI: Sunlight Solutions to Showcase Next-Gen Insurance Platform Across Latin America in 2025

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 28, 2025 (GLOBE NEWSWIRE) — Sunlight Solutions, a leading global provider of intelligent insurance administration platforms, is proud to announce its participation in three of the most prominent insurance industry events in Latin America in 2025, as the company continues its mission to simplify insurance operations and put consumer needs at the heart of digital transformation.

    Sunlight Solutions will be featured at:

    • Cumbre SegurosAuto 2025
      April 28–30, 2025 – Hotel Trump National Doral Golf Resort, Miami, FL
    • Convención de Aseguradoras AMIS 2025
      May 13–14, 2025 – Centro de Convenciones Santa Fe, Mexico City, MX
    • Caribbean Insurance Conference 2025
      June 1–3, 2025 – The Westin Playa Bonita, Panama

    With a consistent theme of “Insurance Management Flexibility Built Around the Consumer,” Sunlight Solutions will present how its platform addresses today’s most pressing challenges in the insurance ecosystem—delivering speed, security, and scalability while ensuring a seamless experience for insurers and policyholders alike.

    “Insurance consumers are evolving, and so must the technology behind the policies,” said Antonio Lizano, Director of LATAM Marketing at Sunlight Solutions. “At these key events, we’ll demonstrate how our cloud-native, AI-driven platform adapts to any region, language, currency, or regulatory framework—ensuring insurers can meet their clients where they are, fast.”

    Platform Highlights Include:

    • Rapid Deployment & Configuration: Launch in weeks, not months
    • Multi-Region, Multi-Currency, Multi-Language Support
    • Advanced Cybersecurity and Compliance Standards
    • AI-Powered Automation for underwriting, claims, and fraud detection
    • Real-Time Flexibility for ever-changing insurance products

    Attendees will have the opportunity to see live demos, engage with product experts, and discover how Sunlight’s platform is enabling insurers to simplify operations, scale efficiently, and deliver value-driven experiences to today’s digital-first customers.

    For more information or to schedule a meeting at one of the events, please contact:

    Antonio Lizano – Director of Marketing LATAM
    alizano@sunlightsolutions.com | +1 (312) 532-4553

    LATAM Form Spanish – Sunlight Solutions

    The MIL Network

  • MIL-OSI: Šiaulių Bankas Group results for 3M 2025

    Source: GlobeNewswire (MIL-OSI)

    • Profit. Šiaulių Bankas Group earned a net profit of €17.7 million
    • Fee and commission income. Net fee and commission income exceeded €7.5 million, up 17% year-on-year
    • Loan portfolio. The loan portfolio exceeded €3.5 billion, up 15% year-on-year
    • Financing structure. The bank successfully placed €300 million bond issue on the international markets
    • Buybacks. The bank has requested the ECB for authorisation to purchase 4.5 million of own shares
    • Rebranding. Šiaulių Bankas will become Artea as of 5 May 2025.

     

    “We are about to take a historic step by becoming Artea in early May. This is more than just a new name. It is a strategic initiative to strengthen our relationship with private and corporate clients, the public and investors, and to become the first choice bank for customers in Lithuania.

    We are fully focused on this important strategic change from the beginning of the year, which we believe will support long-term business. Our first quarter were in line with our market guidance,” says Vytautas Sinius, Chief Executive Officer of Šiaulių bankas.

    Šiaulių Bankas Group earned unaudited net profit of €17.7 million in the first quarter of 2025, which is 21% less than in the corresponding period of 2024. Operating profit before impairment and income tax amounted to €24.5 million, down 18% compared to an operating profit of €30.0 million in the corresponding period of 2024.

    Net fee and commission income in Q1 2025 grew by 17% y-o-y to over €7.5 million, while net interest income decreased by 13% y-o-y to €34.4 million.

    All loan book segments grew during the quarter, with the total loan portfolio increasing by 2% (€76 million) to €3.5 billion. New credit agreements signed in the first quarter amounted to €0.4 million, 6% more than in the corresponding period of 2024 (€0.37 million).

    The quality of the loan portfolio remains very strong, with loan provisions of €1.9 million in Q1 2025 (€2.2 million in the corresponding period of 2024). The Cost of Risk (CoR) of the loan portfolio was 0.2% in Q1 2025 (0.4% in the corresponding period of 2024).

    The customer deposit portfolio grew by 1% (€45 million) since the beginning of the year and exceeded €3.6 billion at the end of the quarter. Demand deposits grew by 4% (€67 million) during the quarter to over €1.7 billion.

    In the first quarter of this year, the bank’s funding structure was reinforced by €300 million senior preffered bond issue. As planned, the bank redeemed a subordinated bond issue of €20 million after the end of the quarter.

    The group’s cost-to-income ratio at the end of the quarter was 52.6%1 (Q1 2024: 42.1%1) and the return on equity was 12.4% (Q1 2024: 17.6%). The group has accumulated capital and liquidity reserves, which include a contingent reserve for changes in CRR3 regulatory requirements to be implemented by June 30, 2025. Preliminary prudential ratios – the Capital Adequacy Ratio (CAR) stood at 22.8%2, while the Liquidity Coverage Ratio (LCR) stood at 254%2.

    The bank’s strong and sustainable capital base has enabled it not only to pay out a record dividend for 2024 (50% of 2024 net profit, €0.061 per share), but also to achieve a higher return to shareholders through the use of a buybacks of its own shares. The bank plans to continue its own share buybacks under the ECB’s authorisation and intends to buy back up to 2.65 million shares. In the first quarter of 2025 the bank has also submitted an additional request for ECB authorisation to purchase up to 4.5 million own shares

    Income Statement (€`m)

    2025 3M YTD

    2024 3M

    % ∆

     

     

    Net Interest Income

    34.4

    39.6

    -13%

    Net Fee and Commission Income

    7.6

    6.5

    17%

    Other Income

    6.4

    11.4

    44%

    Total Revenue

    48.3

    57.4

    -16%

     

     

    Salaries and Related Expenses

    -14.0

    -11.3

    24%

    Other Operating Expenses

    -9.9

    -16.1

    39%

    Total Operating Expenses

    -23.8

    -27.4

    13%

     

     

    Operating Profit

    24.5

    30.0

    -18%

    Provisions

    -2.2

    -2.2

    1%

    Income Tax Expense

    -4.6

    -5.4

    -14%

     

     

    Net Profit

    17.7

    22.5

    -21%

     

     

    Balance Sheet Metrics (€`m)

    2025.03.31

    2024.12.31

    % ∆

     

     

    Loan Portfolio

    3 511

    3 435

    2%

    Total Assets

    5 286

    4 923

    7%

    Deposits

    3 606

    3 561

    1%

    Equity

    561

    585

    -4%

     

     

    Assets under Management3

    1 957

    1 977

    -1%

    Assets under Custody

    1 964

    1 936

    1%

     

     

    Key indicators

    2025 3M YTD

    2024 3M

     

     

    Net Interest Margin (NIM)

    3.0%

    3.9%

    -94bp

    Cost-to-Income Ratio (C/I)1

    52.6%

    42.1%

    +1054bp

    Return on Equity (RoE)

    12.4%

    17.6%

    -521bp

    Cost of Risk (CoR)

    0.2%

    0.4%

    -15bp

    Capital Adequacy Ratio (CAR)2

    22.8%

    21.1%

    +169bps

     

    Overview of Business Segments

    Corporate Client Segment

    The volume of new business finance contracts in Q1 2025 was €0.2 billion, the same as a year before. Since the beginning of the year, the business loan portfolio grew by 2% (€33 million) to almost €1.9 billion. The strong growth is maintained by the high quality of the loan portfolio, with a partial release of provisions on the corporate loan portfolio Q1 2025, with a Cost of Risk (CoR) of -0.21%.

    The bank’s continues to diversify growth across strategic sectors such as manufacturing, retail and renewable energy. The favourable business environment has stimulated investment and created additional opportunities for expansion.

    Private Client Segment

    In Q1 2025, the volume of new mortgage contracts increased by 90% to €76 million compared to the same period last year. Since the beginning of the year, the housing loan portfolio has grown by 5% (€43 million) to almost €1 billion.

    The volume of new consumer finance contracts fell by 9% year-on-year to €49 million in Q1 2025 compared to the same period last year. Since the beginning of the year, the consumer loan portfolio grew by 1% (€5 million) to almost €0.4 billion.

    The bank continues to implement strategically important projects, modernising its core banking platform in line with the plan and rebranding. Šiaulių bankas will becomes Artea as of 5 May.

    Investment Client Segment

    In an environment of decreasing base rates, customers continue to invest and save actively. In Q1 2025, the value of bonds issued on behalf of corporate clients amounted to €64 million. At the end of the quarter, the value of assets under custody amounted to almost €2 billion.

    At the end of Q1 2025, the assets managed by SB Asset Management remained above €1.4 billion. The performance of the managed pension funds continues to rank among the best compared to competitors, both since the beginning of the year and over longer 3- and 5-year periods. Thanks to the applied Index Plus investment strategy—where part of the funds is allocated to private debt, real estate, and other private assets—the funds experience lower volatility during turbulent periods, while maintaining high returns.

    1eliminating the impact of SB Insurance’s client portfolio
    2Preliminary data
    3 includes assets managed by asset management and modernisation funds

    Šiaulių bankas invites shareholders, investors, analysts and all interested parties to a webinar presentation of the financial results for the first quarter of 2025. The webinar will start at 08:30 (EEST) on 29 April 2025. The webinar will be held in English. Please register here.

    If you would like to receive Šiaulių Bankas’ news for investors directly to your inbox, subscribe to our newsletter.

     

    Additional information:

    Tomas Varenbergas

    Head of Investment Management Division

    tomas.varenbergas@sb.lt, +370 610 44447

    Attachments

    The MIL Network

  • MIL-OSI: What Real AI Business Transformation Means: Insights from Forbes Tech Council and Intetics Live Webinar

    Source: GlobeNewswire (MIL-OSI)

    NAPLES, Fla., April 28, 2025 (GLOBE NEWSWIRE) — Intetics Inc., a leading global technology company specializing in custom software development and digital transformation, is proud to announce the publication of an insightful article by President and CEO Boris Kontsevoi in Forbes Technology Council. Titled “AI-Driven Business Transformation: Will You Fade Away or Forge the Future?”, the article delivers a powerful call to action for business leaders navigating the era of AI.

    In the piece, Boris Kontsevoi emphasizes that AI is no longer optional for companies that aim to stay competitive. Drawing parallels between historic labor transformations and today’s digital revolution, he argues that businesses must move beyond basic AI tool deployment and embrace AI as a core strategic asset.

    The next five years will define the winners and losers of the AI revolution. Companies that fail to integrate AI into their operational core risk becoming irrelevant,” – Boris Kontsevoi warns.

    The article outlines:

    • The Evolution of Labor — tracing economic progress from ancient systems to today’s AI-driven future.
    • The Five Levels of AI Maturity — a framework guiding companies from simple automation to autonomous organizational intelligence.
    • Best Starting Projects — real-world examples such as AI-powered troubleshooting assistants and sales automation tools that deliver measurable impact.
    • AI Implementation Best Practices — clear guidelines for companies starting or refining their AI journeys.

    Boris Kontsevoi also highlights a key Intetics innovation: Enterprise Knowledge Assistant (EKA), which exemplifies how businesses can move beyond off-the-shelf AI tools to build customized, transformational solutions.

    This latest contribution underscores Intetics’ commitment to helping organizations worldwide harness the full potential of AI to drive meaningful, sustainable growth.

    Read the full article here.

    Upcoming Webinar: “How AI Agents Fixed Our SDLC”

    In continuation of the insights shared in the article, Intetics invites technology leaders, project managers, and innovation enthusiasts to its exclusive webinar, “How AI Agents Fixed Our SDLC”.

    Participants will see first-hand how AI-driven solutions boosted project efficiency by 18% — without overhauling entire systems. The session will include:

    • Real-world demos of AI integration with Jira, GitHub, Slack, and Confluence.
    • How AI Knowledge Keepers provide instant, reliable answers to team queries.
    • Step-by-step examples of how AI improves workload estimation and delivery speed.

    Learn more and register here: https://bit.ly/3S80nZN

    About Intetics
    Intetics Inc. is a leading American technology company providing custom software application development, distributed professional teams’ creation, software product quality assessment, and “all-things-digital” solutions built with SMAC, RPA, AI/ML, IoT, blockchain, and GIS/UAV/LBS technologies. Based on proprietary pioneering business models of Offshore Dedicated Team® and Remote In-Sourcing®, an advanced Technical Debt Reduction Platform (TETRA™) and measurable SLAs for software engineering, Intetics helps innovative organizations capitalize on global talent with our in-depth engineering expertise based on our Predictive Software Engineering framework. Intetics core strength lays in design of software products in conditions of incomplete specifications. We have extensive industry expertise in Education, Healthcare, Logistics, Life Sciences, Finance, Insurance, Communications, and custom ERP, CRM, Intelligent Automation and Geospatial solutions. Our advanced software engineering background and outstanding quality management platform, along with an unparalleled methodology for talent acquisition, team building and talent retention, guarantee that our clients receive exceptional results for their projects. At Intetics, our outcomes do not just meet clients’ expectations, they have been exceeding them for a quarter of a century. Intetics operates from multiple offices in the USA, Europe and Latin America, hiring the best talent available worldwide. Intetics is ISO 9001 (quality) and ISO 27001 (security) certified and a Microsoft Gold, Amazon, and UiPath Silver partner. The company’s innovation and growth achievements are reflected in winning prestigious titles and awards, including Inc5000, Software 500, CRN 100, American Business, Deloitte Fast 50, European IT Excellence, Best European BPO, Stevie People’s Choice, Clutch and ACQ5 Awards, IAOP Global Outsourcing 100 and Fortune Innovative 300 lists.

    Learn more: www.intetics.com

    The MIL Network