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Category: GlobeNewswire

  • MIL-OSI: HYPR Continues Global Expansion with New Belgrade Office Amid Shift to Passkeys and Rising Deepfake Threats

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) — Today, HYPR, the Identity Assurance Company, announced a significant acceleration of its global growth strategy with the opening of a new European Center of Excellence in Belgrade, Serbia. This strategic second physical office will amplify the company’s capacity to serve its rapidly expanding worldwide customer base while leveraging the region’s deep reservoir of technical talent. Further fueling this global momentum, HYPR also announced the promotion of Douglas McLaughlin to Senior Vice President of Worldwide Sales, a strategic appointment that underscores the company’s response to the surging demand for its passwordless authentication and identity verification solutions across key sectors like financial services and healthcare, where cyber threats are reaching critical levels.

    Identity Renaissance Drives Market Demand

    HYPR’s recently released 2025 State of Passwordless Identity Assurance Report, conducted in partnership with S&P Global Market Intelligence 451 Research, reveals a critical inflection point in authentication security driven by a concerning reality. In 2024, nearly half (49%) of organizations suffered a breach, with an overwhelming 87% attributed to identity vulnerabilities. These breaches resulted in substantial financial losses averaging $2.5 million per incident, alongside legal ramifications forcing many organizations to reduce headcount and implement executive changes. Adding to this challenging landscape, the report also uncovers one of the most alarming findings: nearly 40% of organizations experienced a GenAI-related security incident in the past year, with a staggering 95% encountering some form of deepfake attack—including altered static imagery (50%) and manipulated live (44%) and recorded (41%) audio/video. However, amidst these escalating threats, the report highlights a historic shift in the authentication landscape. For the first time in its five-year history, FIDO passkeys and hardware keys are on track to become the dominant authentication method by 2027, offering a potential pathway to a more secure future.

    Global Expansion and Hiring Initiatives

    To better equip organizations for the escalating battle against identity-based attacks and to fuel its ambitious growth trajectory, HYPR has strategically expanded its operational footprint with a new European Center of Excellence in Belgrade, Serbia. This critical addition will significantly enhance the company’s ability to serve its increasing global customer base with localized expertise while tapping into the region’s robust technical talent market.

    “Our new Belgrade office represents a strategic investment in HYPR’s future,” added Simic. “As threats like sophisticated phishing campaigns and the alarming trend of North Korean hackers infiltrating IT departments continue to make headlines, organizations worldwide are recognizing that robust identity assurance is non-negotiable. We’re actively hiring across multiple functions in both the US and internationally to meet this surging demand.”

    The company’s HYPR Affirm identity verification solution has seen strong adoption across organizations of all sizes, from nimble SMBs to large enterprises, as identity fraud and verification challenges affect businesses regardless of scale. Organizations are leveraging HYPR Affirm to address critical identity challenges including employee onboarding fraud prevention, detection of fake workers, secure account recovery for helpdesks, and verification during high-risk transactions. This growth aligns with the report’s finding that identity verification tools are now the most widely deployed IAM tool (63%) and a top choice for post-breach implementation (68%).

    When combined with HYPR’s passwordless authentication capabilities, customers create a comprehensive identity assurance framework that significantly reduces risk across the identity lifecycle.

    Leadership for Hypergrowth

    Douglas McLaughlin has been named SVP of Worldwide Sales. Over the last six years, McLaughlin has been instrumental in HYPR’s growth trajectory, personally cultivating strategic partnerships with one of the top four US banks, a top five healthcare organization, and one of the nation’s largest credit unions, among other marquee accounts. His leadership has been pivotal in establishing HYPR as the trusted identity assurance partner for enterprises seeking to eliminate credential-based attacks. Additionally, Doug has played a crucial role in building and enhancing HYPR’s channel partner program, significantly expanding the company’s market reach and creating mutually beneficial relationships with strategic technology and service providers.

    “Doug has consistently demonstrated exceptional leadership and an unwavering commitment to our customers’ success,” said Bojan Simic, co-founder, CEO and CTO of HYPR. “His deep understanding of the evolving threat landscape and ability to translate our technical innovations into tangible business value for customers makes them the ideal leader to scale our global sales operations. This promotion reflects not only Doug’s individual achievements but also our company’s commitment to recognizing and elevating top talent.”

    Customers consistently cite McLaughlin’s ability to guide them through complex digital transformations, providing the confidence needed to undertake significant authentication modernization initiatives that deliver both enhanced security and improved user experiences.

    About HYPR

    HYPR, the Identity Assurance Company, helps organizations create trust in the identity lifecycle. The HYPR solution provides the strongest end-to-end identity security, combining modern passwordless authentication with adaptive risk mitigation, automated identity verification and a simple, intuitive user experience. With a third-party validated ROI of 324%, HYPR easily integrates with existing identity and security tools and can be rapidly deployed at scale in the most complex environments.

    Media Contact:
    Fabienne Dawson
    fabienne@hypr.com 
    917.374.6860

    The MIL Network –

  • MIL-OSI: Cequence Security Unveils Industry-First Security Layer to Govern and Protect Agentic AI

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — Cequence Security, a leader in API security and bot management, today announced significant enhancements to its Unified API Protection (UAP) platform to deliver the industry’s first comprehensive security solution for agentic AI development, usage, and connectivity. This enhancement empowers organizations to secure every AI agent interaction, regardless of the development framework. By implementing robust guardrails, the solution protects both enterprise-hosted AI applications and external AI APIs, preventing sensitive data exfiltration through business logic abuse and ensuring regulatory compliance.

    There is no AI without APIs, and the rapid growth of agentic AI applications has amplified concerns about securing sensitive data during their interactions. These AI-driven exchanges can inadvertently expose internal systems, create significant vulnerabilities, and jeopardize valuable data assets. Recognizing this critical challenge, Cequence has expanded its UAP platform, introducing an enhanced security layer to govern interactions between AI agents and backend services specifically. This new layer of security enables customers to detect and prevent AI bots such as ChatGPT from OpenAI and Perplexity from harvesting organizational data.

    Internal telemetry across Global 2000 deployments shows that the overwhelming majority of AI-related bot traffic, nearly 88%, originates from large language model infrastructure, with most requests obfuscated behind generic or unidentified user agents. Less than 4% of this traffic is transparently attributed to bots like GPTBot or Gemini. Over 97% of it comes from U.S.-based IP addresses, highlighting the concentration of risk in North American enterprises. Cequence’s ability to detect and govern this traffic in real time, despite the lack of clear identifiers, reinforces the platform’s unmatched readiness for securing agentic AI in the wild.

    Key enhancements to Cequence’s UAP platform include:

    • Block unauthorized AI data harvesting: Understanding that external AI often seeks to learn by broadly collecting data without obtaining permission, Cequence provides organizations with the critical capability to manage which AI, if any, can interact with their proprietary information.
    • Detect and prevent sensitive data exposure: Empowers organizations to effectively detect and prevent sensitive data exposure across all forms of agentic AI. This includes safeguarding against external AI harvesting attempts and securing data within internal AI applications. The platform’s intelligent analysis automatically differentiates between legitimate data access during normal application usage and anomalous activities signaling sensitive data exfiltration, ensuring comprehensive protection against AI-related data loss.
    • Discover and manage shadow AI: Automatically discovers and classifies APIs from agentic AI tools like Microsoft Copilot and Salesforce Agentforce, presenting a unified view alongside customers’ internal and third-party APIs. This comprehensive visibility empowers organizations to easily manage these interactions and effectively detect and block sensitive data leaks, whether from external AI harvesting or internal AI usage.
    • Seamless integration: Integrates easily into DevOps frameworks for discovering internal AI applications and generates OpenAPI specifications that detail API schemas and security mechanisms, including strong authentication and security policies. Cequence delivers powerful protection without relying on third-party tools, while seamlessly integrating with the customer’s existing cybersecurity ecosystem. This simplifies management and security enforcement.

    “Gartner® predicts that by 2028, 33% of enterprise software applications will include agentic AI, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously.”*

    “We’ve taken immediate action to extend our market-leading API security and bot management capabilities,” said Ameya Talwalkar, CEO of Cequence. “Agentic AI introduces a new layer of complexity, where every agent behaves like a bidirectional API. That’s our wheelhouse. Our platform helps organizations embrace innovation at scale without sacrificing governance, compliance, or control.”

    These extended capabilities will be generally available in June.

    Additional Resources:

    *Gartner Articles, Intelligent Agents in AI Really Can Work Alone. Here’s How., October 2024. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

    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.

    The MIL Network –

  • MIL-OSI: Dividend Payments ex-date of Coop Pank AS

    Source: GlobeNewswire (MIL-OSI)

    For the year of 2024 Coop Pank AS will pay dividend in the net amount of 7,00 eurocents per share. The list of shareholders entitled to receive dividend will be established as at 02.05.2025 COB in the settlement system. Consequently, the day of change of the rights related to the shares (ex-date) is set to 30.04.2025. From this day onwards, the person acquiring the shares will not have the right to receive dividend for the financial year 2024. Dividend shall be disbursed to the shareholders on 06.05.2025.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking reached 213,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 320 stores.

    Additional information:
    Paavo Truu
    CFO
    Phone: +372 5160 231
    E-mail: paavo.truu@cooppank.ee

    The MIL Network –

  • MIL-OSI: Torrey Jacoby Joins Rate as Vice President of Mortgage in Houston

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 28, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, welcomes Torrey Jacoby to Rate as Vice President of Mortgage, based in Houston. A top 1% originator both locally and nationally, Torrey brings more than a decade of experience and a track record of consistent production—closing over $62 million in 2024 alone. As Rate continues to grow in Texas and nationwide, Torrey’s customer-first approach and deep roots in the Houston market are a strong match for our fintech-powered, loan officer–driven model.

    “I’ve always believed that customer service is the foundation of long-term success in this business,” said Jacoby. “That’s how you earn referrals for life. After seven great years at my previous company, I knew it was time to make a move to a platform built for top producers, with the tools and support to take things to the next level.”

    Torrey began his mortgage career in Houston in 2011, shortly after graduating from Pepperdine University and moving from California. He has been a President’s Club winner for the past 10 years and has built his business on trust, responsiveness, and results. He lives in Houston with his wife, Victoria (Tori), and their two children, Hudson (5) and Georgie (2).

    “Torrey represents exactly the kind of leadership and production mindset we value at Rate,” said Todd Heaton, EVP and Western Divisional Manager for Rate. “He’s a powerhouse originator who’s built his business on relationships and repeat referrals. We’re proud to have him on board.”

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service.

    Honors and awards include Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years.

    Visit rate.com for more information.

    Media Contact

    press@rate.com

    The MIL Network –

  • MIL-OSI: ServiceTrade Recognized on 2025 Capterra Shortlist for Field Service Management Software

    Source: GlobeNewswire (MIL-OSI)

    DURHAM, N.C., April 28, 2025 (GLOBE NEWSWIRE) — ServiceTrade, Inc., the premier provider of commercial field service management software tailored explicitly for mechanical and fire protection contractors, has once again earned recognition on the Capterra Shortlist for Field Service Management (FSM) software. ServiceTrade has consistently ranked highly in Capterra’s extensive survey of solutions for field service management thanks to its ease of use, robust features, exceptional customer service, and outstanding value for money. This affirmation of its industry leadership position is based directly on customer experiences and reviews.

    “ServiceTrade is specifically built to help commercial fire and life safety and mechanical service contractors accelerate growth, enhance profitability, and deliver unparalleled service to their customers,” said Brook Bock, Chief Product Officer at ServiceTrade.  “Recognition on the Capterra Shortlist validates our commitment to driving profitable growth, fueling technician efficiency, and increasing operational efficiency in a single, end-to-end platform. Our customers consistently report measurable improvements in profitability, efficiency, and overall satisfaction with the ServiceTrade platform, which underscores our mission and motivates us to continually innovate.”

    The Capterra Shortlist features top software solutions, selected based on verified user ratings, comprehensive reviews, and customer popularity. The Short List offers valuable insights to help businesses choose software that aligns with their specific needs. According to Capterra’s detailed summary of ServiceTrade customer reviews, the platform consistently excels in:

    • Enabling Customer Service Excellence: Contractors praise ServiceTrade’s advanced quoting capabilities for dramatically improving response times and boosting customer satisfaction. Real-time notifications and detailed reporting ensure contractors deliver highly professional and efficient customer communications.
    • Comprehensive Service Management: Reviewers highlight the platform’s intuitive features that simplify complex service management processes. Contractors value the flexibility of ServiceTrade to handle diverse service types in a single, complete solution. They also noted ServiceTrade’s continuous innovation.
    • Efficient Scheduling Capabilities: ServiceTrade’s scheduling capabilities, particularly the dispatch board and advanced scheduling features, consistently earn top ratings. Users appreciate the platform’s ability to prioritize jobs and align technicians’ schedules according to business goals. ServiceTrade customers experience a decrease of up to 40% in the time spent on scheduling and dispatch tasks.

    “With ServiceTrade, we are able to fully run our business with the ease of customer locations, ticket prep, quoting, and invoicing all in the same place,” said ServiceTrade customer Jerry Harrold, Founder and General Manager of Sterling Fire and Safety.

    ServiceTrade enables contractors to focus on high-profit customers, capture targeted revenue growth opportunities, and achieve maximum profitability per technician and job. In today’s competitive market, characterized by persistent skilled labor shortages, the platform is essential for reducing operational chaos, maximizing technician productivity, and helping commercial service contractors sell and keep their ideal customers.  Trusted by over 1,300 commercial contractors, ServiceTrade helps manage more than 13 million assets and processes invoices totaling over $7.5 billion annually.

    “It’s an honor to be repeatedly recognized by Capterra because it reflects the direct experiences of our customers,” concluded Ms. Bock. “We remain committed to setting the industry standard for field service management software, enabling our customers to increase productivity, provide exceptional service, and attain their business goals.”

    To learn more about ServiceTrade:

    About ServiceTrade
    ServiceTrade, Inc. is a leading Field Service Management (FSM) software platform for commercial mechanical and fire and life safety contractors. During a chronic skilled labor shortage, ServiceTrade helps contractors increase profits by improving service and project operations, enhancing technician productivity, selling more service agreements, and fostering customer loyalty. Located in Durham, North Carolina, ServiceTrade was founded in 2012 to automate and streamline the commercial mechanical and fire protection industry and has grown to have more than 1,300 customers. More than 10% of the commercial or industrial buildings in the United States are serviced by commercial service contractors using ServiceTrade. Learn more at www.servicetrade.com.

    Contact:

    media@ktcmarketingandpr.com

    The MIL Network –

  • MIL-OSI: EIGHTCO HOLDINGS INC. APPOINTS NICOLA CAIANO TO BOARD OF DIRECTORS

    Source: GlobeNewswire (MIL-OSI)

    Easton, PA, April 28, 2025 (GLOBE NEWSWIRE) — Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced the appointment of Nicola Caiano to its Board of Directors. Mr. Caiano brings over three decades of expertise in financial strategy, capital markets, and investment management, further strengthening Eightco’s strategic vision and growth trajectory.

    Mr. Caiano currently serves as Chief Financial Officer at Cytometric Therapeutics, where he leads capital formation strategies to fund clinical trials for groundbreaking cancer therapies. He is also the Founding Partner of Olea Management LLC, where he advises family offices and early-stage companies across diverse industries, including technology, finance, and consumer goods, on capital raising and mergers and acquisitions. Previously, Mr. Caiano was a Partner and Director of Research at Pinyon Asset Management, managing a global event-driven equity and credit portfolio. His career also includes senior roles at Paulson & Co. Inc., J.P. Morgan Chase, and Bear, Stearns & Co. Inc.

    “We are thrilled to welcome Nicola Caiano to our Board of Directors,” said Paul Vassilakos, CEO and Chairman of Eightco. “Nic’s proven track record in financial strategy, capital raising, and investment management aligns with our goals to drive sustainable growth and shareholder value. We look forward to him utilizing his expertise and strategic vision to help us execute our ambitious plans to lead in the technology and inventory funding sectors.”

    Mr. Caiano is replacing Mary Ann Halford. Ms. Halford had served on Eightco’s Board since October 2021. “We would like to thank Mary Ann for her dedicated service. Her insights, commitment, and leadership have made a lasting impact. We deeply appreciate her contributions and wish her all the best in her current and future endeavours,” said Mr. Vassilakos.

    About Eightco Holdings, Inc. Eightco (NASDAQ: OCTO) is committed to growth of its subsidiary, Forever 8 Fund, LLC, an inventory capital and management platform for e-commerce sellers. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions. Through a combination of innovative strategies and focused execution, Eightco aims to create significant value and growth for its stockholders.

    For additional information, please visit www.8co.holdings and www.forever8.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; and Eightco’s inability to innovate and attract users for Eightco’s products and services. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the SEC, including in its Annual Report on Form 10-K filed with the SEC on April 15, 2025. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.

    For further information, please contact:
    Investor Relations
    investors@8co.holdings

    The MIL Network –

  • MIL-OSI: Houston American Energy Corp. Announces Results of Special Meeting of Stockholders

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”), today announced the results of the Company’s special meeting of stockholders (the “Meeting”) held virtually on April 24, 2025.

    At the Meeting, all of the matters put forward before the Company’s stockholders for consideration and approval, as set out in the Company’s definitive proxy statement dated April 11, 2025, were approved by the requisite number of votes cast at the meeting.

    Of most importance, the HUSA shareholders approved the Company’s proposed acquisition of Abundia Global Impact Group (AGIG) with over 90% of shareholders’ votes cast supporting HUSA’s plan to acquire AGIG, a company specializing in converting waste into high value fuels and chemicals. The acquisition supports HUSA’s strategy to diversify its portfolio, expand its global footprint and execute its strategy aimed at driving shareholder value through innovation in the renewable energy sector.

    HUSA and AGIG will continue developing a structured integration and execution plan, with additional updates to come as the acquisition advances toward closing. HUSA currently anticipates closing on the AGIG acquisition by the end of second quarter of 2025.

    “The AGIG acquisition aligns with our strategy to position HUSA into the multi-billion-dollar renewable energy market” said Peter Longo, CEO of HUSA. AGIG has developed a commercially ready project for converting waste into valuable fuels and chemicals, and this transaction gives HUSA stockholders a ready-made platform and project pipeline for future value generation. We are witnessing the growing momentum of the fuel and chemical industry’s transformation into alternative solutions like recycled chemical alternatives and the highly publicized sustainable aviation fuel market.”

    About HUSA

    HUSA is an independent oil and gas company focused on the development, exploration, acquisition, and production of natural gas and crude oil properties. Our principal properties, and operations, are in the U.S. Permian Basin. Additionally, we have properties in the Louisiana U.S. Gulf Coast region. For more information, please visit: https://houstonamerican.com/.

    About Abundia Global Impact Group

    AGIG’s mission is to transition the world into a decarbonized future through the deployment of its technologies, which convert plastic and certified biomass waste into high-quality renewable fuels, energy, and chemical products, providing sustainable solutions that meet the growing demand within established global markets, thus facilitating the transition into a decarbonized future. AGIG is preparing to build its first advanced plastic recycling facility in Cedar Port, Texas. The facility represents the first phase of a structured, capital-efficient growth plan aimed at scaling and deploying AGIG’s technologies for producing renewable fuels and chemicals from waste.

    Cautionary Note Regarding Forward-Looking Information:

    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is based on management’s current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes, but not limited to, statements regarding HUSA’s expected financial condition and performance, the current and projected market, and growth opportunities for the company.

    With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing our business is disclosed in our Annual Report on Form 10-K and other filings with the SEC on www.sec.gov.

    All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

    For additional information, view the company’s website at www.houstonamerican.com or contact Houston American Energy Corp. at (713) 222-6966.

    The MIL Network –

  • MIL-OSI: Check Point Software Achieves FedRAMP “In Process” Milestone to Deliver AI-Powered Cyber Security Solutions to U.S. Government

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., April 28, 2025 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced it has achieved “In Process” status for the Federal Risk and Authorization Management Program (FedRAMP) Moderate baseline. This designation signifies a significant step toward FedRAMP Authorization, enabling U.S. federal agencies to leverage Check Point’s advanced threat protection and real-time threat intelligence to safeguard systems against known and emerging threats.​

    “Achieving FedRAMP ‘In Process’ status is a critical milestone in our mission to provide robust and compliant cyber security solutions to the U.S. government,” said Avi Rembaum, President of Americas Sales at Check Point Software Technologies. “We are dedicated to supporting federal agencies in securing their digital assets against ever evolving cyber threats.”

    The FedRAMP “In Process” status indicates that Check Point is actively working with a federal agency sponsor to achieve full FedRAMP Authorization. This collaboration underscores Check Point’s commitment to meeting the stringent security requirements necessary to protect federal information systems.

    FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. By achieving “In Process” status, Check Point demonstrates its commitment to delivering secure and reliable solutions that meet federal security standards.

    For more information on Check Point’s FedRAMP journey, please visit the FedRAMP Marketplace: https://marketplace.fedramp.gov/products/FR2511048038.

    Follow Check Point via:
    X (Formerly known as Twitter): https://www.twitter.com/checkpointsw
    Facebook: https://www.facebook.com/checkpointsoftware
    Blog: https://blog.checkpoint.com
    YouTube: https://www.youtube.com/user/CPGlobal
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

    About Check Point Software Technologies Ltd. 
    Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements
    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

    The MIL Network –

  • MIL-OSI: Veeco’s Laser Annealing Platform Named Production Tool of Record for New Applications at Leading-Edge Logic Manufacturers

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., April 28, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) announced today two leading-edge logic customers have selected Veeco’s Laser Spike Annealing Platform as Production Tool of Record for new applications at their gate-all-around nodes. Veeco expects high-volume manufacturing orders tied to these wins as each customer ramps their advanced nodes.

    “We continue to see growing adoption of our laser annealing platform for new applications as demonstrated by today’s announcement,” commented Adrian Devasahayam, Ph.D., Veeco’s Senior Vice President, Product Line Management. “Veeco’s LSA system is widely acknowledged as the optimum annealing solution for low thermal-budget applications, and as device geometries and performance requirements at advanced nodes continue to evolve, precise annealing by our LSA platform has become increasingly critical. Both wins are a culmination of ongoing collaboration with each customer and validate Veeco’s strategy of expanding its Served Available Market by investing at the leading-edge.”

    Laser spike annealing is a millisecond annealing technology used in front-end semiconductor manufacturing to lower the resistance of key transistor structures by activating dopants. Veeco’s LSA system is capable of high temperature annealing while staying within reduced thermal budgets of advanced devices at leading-edge nodes. Veeco’s Laser Annealing portfolio also includes its NSA500 system, which extends annealing capabilities to low thermal budget applications, like Backside Power Delivery and Contact Annealing for advanced nodes and material modification applications such as void-removal, recrystallization, and grain growth. These annealing steps are instrumental in determining the electrical properties and performance of the resulting devices.

    About Veeco
    Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, and metal organic chemical vapor deposition (MOCVD) technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2024 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Javier Banos | (516) 673-7328 | jbanos@veeco.com

    The MIL Network –

  • MIL-OSI: ARRAY Technologies Names Brian Pitel General Manager, Latin America

    Source: GlobeNewswire (MIL-OSI)

    ALBUQUERQUE, N.M., April 28, 2025 (GLOBE NEWSWIRE) — ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, has named Brian Pitel as its general manager, Latin America. He will be based in São Paulo, Brazil.

    With a career spanning more than two decades across technology and renewable energy in the Brazilian and Latin American markets, Pitel brings deep expertise in the local markets and regulatory environments. His track record of growing business operations through strategic partnerships led to his ascension at General Electric (GE), where he began as a senior sourcing and logistics manager before becoming general manager of its Latin America branch.

    “Brian’s impressive background in the energy sector combined with his expertise in the Brazilian and Latin American markets made him the perfect fit to lead ARRAY’s growth objectives in the region,” said Neil Manning, President and Chief Operating Officer at ARRAY. “He has an ability to anticipate trends and manage business relationships, which will help us expand our global footprint and reinforce our leadership in renewable energy innovation.”

    Pitel will oversee all of ARRAY’s operations in Brazil and Latin America, fostering efficiency, compliance, and alignment with regional and global objectives. He will play a critical role in supporting existing customers and exploring new market opportunities as ARRAY continues its mission to provide smart, sustainable, and cost-effective solar energy solutions.

    “The solar industry is entering a pivotal moment as we work to realize the impact of recent investments, and I admire ARRAY’s dedication to advancing clean energy across Latin America,” said Pitel. “I look forward to working with the leadership team to drive strategic growth in the region and shape the next generation of solar tracking solutions.”

    Since 2024, Pitel had served as senior advisor and new business development leader at Grupo GA230, a Brazilian manufacturer of components for the oil and gas and renewable energy sectors. He was previously at GE, managing its Latin America supply chain before rising to a general manager position in 2020. Pitel began his career at United Technologies Corporation, starting as a sourcing specialist and eventually relocated to Brazil to lead materials management and logistics at the UTC Otis Elevator factory in Sao Paulo. Pitel graduated from the University of Minnesota and has master’s degrees from RPI Lally School of Management and Purdue University.

    About ARRAY
    ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, software platforms and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

    Forward Looking Statements
    This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Media Contact
    Nicole Stewart
    505-589-8257
    nicole.stewart@arraytechinc.com

    Investor Relations
    ARRAY Technologies, Inc.
    Investor Relations
    investors@arraytechinc.com

    The MIL Network –

  • MIL-OSI: TeraWulf Announces Participation in Upcoming Investor and Industry Conferences

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., April 28, 2025 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, today announced that various members of senior management will be participating in the following upcoming conferences and events:

    • May 13-15, 2025: JP Morgan Global TMT Conference, Boston, MA
    • May 19-20, 2025: AIM Summit, London
    • May 21-22, 2025: B Riley 25th Annual Investor Conference, Marina del Ray, CA
    • May 27-29, 2025: Bitcoin 2025, Las Vegas, NV
    • June 3-5, 2025: Datacloud Global Congress 2025, Cannes FRA
    • June 10-11, 2025: Rosenblatt Annual Age of AI Summit, Virtual
    • June 24-26, 2025: Roth 15th Annual London Conference, London
    • June 25, 2025: Northland Growth Conference, Virtual

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for bitcoin mining and hosting HPC workloads. 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 hydroelectric and nuclear 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,” “seek,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “strategy,” “opportunity,” “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) the ability to mine bitcoin profitably; (2) our ability to attract additional customers to lease our HPC data centers; (3) our ability to perform under our existing data center lease agreements (4) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates; (5) the ability to implement certain business objectives, including its bitcoin mining and HPC data center development, and to timely and cost-effectively execute related projects; (6) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to expansion or existing operations; (7) adverse geopolitical or economic conditions, including a high inflationary environment, the implementation of new tariffs and more restrictive trade regulations; (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 and cost of power as well as electrical infrastructure equipment necessary to maintain and grow the business and operations of TeraWulf; and (10) 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: Moomoo Foundation Celebrates 2025 Financial Literacy Month

    Source: GlobeNewswire (MIL-OSI)

    • Partnered with Working in Support of Education (W!se)
    • Continued Campus Tour with Columbia University and New Jersey City University (NJCU)
    • Published Financial Literacy Survey with moomoo’s North America users

    JERSEY CITY, N.J., April 28, 2025 (GLOBE NEWSWIRE) — The intuitive global trading platform moomoo and its Moomoo Foundation with the dedication to boosting financial literacy, are excited to announce its 2025 plan to celebrate the financial literacy month with its North American users and communities worldwide.

    This year, the moomoo foundation is partnering with the New York city-based educational nonprofit Working in Support of Education (W!se) to recognize the 100 Best W!se High Schools Teaching Personal Finance at Touro College in Midtown New York. Moomoo’s US CEO Neil McDonald presented awards to representatives from the 100 highest ranking high schools whose students excelled on W!se’s Financial Literacy Certification Test in the 2023-24 school year. Always held during April -Financial Literacy Month – the 100 best ceremony, is the first and only national ranking award to honor outstanding schools from W!se’s national network whose students performed well on the Test.

    In addition, Moomoo Foundation will host a series of financial literacy seminars across the New York and New Jersey area. Moomoo Technology’s Vice President of Strategy Justin Zacks spoke about stock market fundamentals and equity trading at Columbia University on April 25 and will conduct a seminar at NJCU’s business school on May 2. Working with Columbia’s GCC and NJCU’s Student Development & Community Engagement team, moomoo continues its efforts of bringing financial inclusion to empower individual investors of all kinds, irrespective of ethnicity, age or gender, with the tools they need to make informed investment decisions.

    Zacks said, “we are thrilled to extend our educational mission to the diverse academic audience in the Tri-State Area. These events reflect our long-term mission to inspire financial literacy at an early age and strengthen our community engagement with underserved demographics at every level of learning.”

    To understand investors’ financial health and their personal finance behaviors and habits, moomoo also conducted a quarterly survey with its North American users. As the U.S. markets notched a second consecutive year of over 20% price appreciation. Many retail investors gained a positive return financially, but a new tariff policy and signs of an economic slowdown made some of them concerned.

    The majority of moomoo users are better off than last year and many are able to save a consistent amount some of which is going into stocks. Low income and housing is a headwind for some and is preventing them from saving.

    Moomoo’s users in Canada are closely watching political developments both at home and in the US in order to help them adjust their spending plans.

    For more details, please download the moomoo North America financial literacy whitepaper here.

    About Moomoo Foundation

    Moomoo Foundation is a non-profit initiative launched by Moomoo, an intuitive investment and trading platform dedicated to financial empowerment. The foundation seeks to further Moomoo’s mission by promoting financial literacy, advancing economic equality, and fostering technological innovation.

    Through strategic partnerships and targeted grants, Moomoo Foundation focuses on nurturing fintech startups that share its vision, working to build a more inclusive and forward-thinking financial landscape.

    Our commitment goes beyond traditional philanthropy. At Moomoo Foundation, we are dedicated to establishing a sustainable, long-term approach that ensures our efforts make a lasting impact. We believe in equipping those we support with the knowledge, tools, and resources they need to shape their own financial journey and thrive as active participants in the investment world. For more information, please visit moomoo’s official website at

    https://www.moomoo.com/us/moomoofoundation 

    About the Survey

    The survey included approximately 1200 registered moomoo users in North America (1000 U.S. users, 200 Canada users) from March 14 to March. 23, 2025. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

    This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

    We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    For more information, please visit moomoo’s official website at www.moomoo.com or feel free to email us: pr@us.moomoo.com.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    Investing is risky. Securities offered through Moomoo FInancial Inc. Member FINRA/SIPC

    W!se and Nasdaq are independent third parties, not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5a4ba7f-fa71-4fad-8fb2-6066d1f2c32c

    The MIL Network –

  • MIL-OSI: Fortinet Threat Report Reveals Record Surge in Automated Cyberattacks as Adversaries Weaponize AI and Fresh Techniques

    Source: GlobeNewswire (MIL-OSI)

    FortiGuard Labs 2025 Global Threat Landscape Report highlights a boom in Cybercrime-as-a-Service on the darknet, fueling a lucrative market for credentials, exploits, and access

    SUNNYVALE, Calif., April 28, 2025 (GLOBE NEWSWIRE) —
            
    News Summary

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the release of the 2025 Global Threat Landscape Report from FortiGuard Labs. The latest annual report is a snapshot of the active threat landscape and trends from 2024, including a comprehensive analysis across all tactics used in cyberattacks, as outlined in the MITRE ATT&CK framework. The data reveals that threat actors are increasingly harnessing automation, commoditized tools, and AI to systematically erode the traditional advantages held by defenders.

    “Our latest Global Threat Landscape Report makes one thing clear: Cybercriminals are accelerating their efforts, using AI and automation to operate at unprecedented speed and scale,” said Derek Manky, Chief Security Strategist and Global VP Threat Intelligence, Fortinet FortiGuard Labs. “The traditional security playbook is no longer enough. Organizations must shift to a proactive, intelligence-led defense strategy powered by AI, zero trust, and continuous threat exposure management to stay ahead of today’s rapidly evolving threat landscape.”

    Key findings from the latest FortiGuard Labs Global Threat Landscape Report include:

    • Automated scanning hits record highs as attackers shift left to identify exposed targets early. To capitalize on newfound vulnerabilities, cybercriminals are deploying automated scanning at a global scale. Active scanning in cyberspace reached unprecedented levels in 2024, rising by 16.7% worldwide year-over-year, highlighting a sophisticated and massive collection of information on exposed digital infrastructure. FortiGuard Labs observed billions of scans each month, equating to 36,000 scans per second, revealing an intensified focus on mapping exposed services such as SIP and RDP and OT/IoT protocols like Modbus TCP.
    • Darknet marketplaces fuel easy access to neatly packaged exploit kits. In 2024, cybercriminal forums increasingly operated as sophisticated marketplaces for exploit kits, with over 40,000 new vulnerabilities added to the National Vulnerability Database, a 39% rise from 2023. In addition to zero-day vulnerabilities circulating on the darknet, initial access brokers are increasingly offering corporate credentials (20%), RDP access (19%), admin panels (13%), and web shells (12%). Additionally, FortiGuard Labs observed a 500% increase in the past year in logs available from systems compromised by infostealer malware, with 1.7 billion stolen credential records shared in these underground forums.
    • AI-powered cybercrime is scaling rapidly. Threat actors are harnessing AI to enhance phishing realism and evading traditional security controls, making cyberattacks more effective and difficult to detect. Tools like FraudGPT, BlackmailerV3, and ElevenLabs are fueling more scalable, believable, and effective campaigns, without the ethical restrictions of publicly available AI tools.
    • Targeted attacks on critical sectors intensify. Industries such as manufacturing, healthcare, and financial services continue to experience a surge in tailored cyberattacks, with adversaries deploying sector-specific exploitations. In 2024, the most targeted sectors were manufacturing (17%), business services (11%), construction (9%), and retail (9%). Both nation-state actors and Ransomware-as-a-Service (RaaS) operators concentrated their efforts on these verticals, with the United States bearing the brunt of attacks (61%), followed by the United Kingdom (6%) and Canada (5%).
    • Cloud and IoT security risks escalate. Cloud environments continue to be a top target, with adversaries exploiting persistent weaknesses such as open storage buckets, over-permissioned identities, and misconfigured services. In 70% of observed incidents, attackers gained access through logins from unfamiliar geographies, highlighting the critical role of identity monitoring in cloud defense.
    • Credentials are the currency of cybercrime. In 2024, cybercriminals shared over 100 billion compromised records on underground forums, a 42% year-over-year spike, driven largely by the rise of “combo lists” containing stolen usernames, passwords, and email addresses. More than half of darknet posts involved leaked databases, enabling attackers to automate credential-stuffing attacks at scale. Well-known groups like BestCombo, BloddyMery, and ValidMail were the most active cybercriminal groups during this time and continue to lower the barrier to entry by packaging and validating these credentials, fueling a surge in account takeovers, financial fraud, and corporate espionage.

    CISO Takeaway: Strengthening Cyber Defenses Against Emerging Threats
    Fortinet’s Global Threat Landscape Report provides rich details on the latest attacker tactics and techniques while also delivering prescriptive recommendations and actionable insights. Designed to empower CISOs and security teams, the report offers strategies to counter threat actors before they strike, helping organizations stay ahead of emerging cyberthreats.

    This year’s report includes a “CISO Playbook for Adversary Defense” that highlights a few strategic areas to focus on:

    • Shifting from traditional threat detection to continuous threat exposure management: This proactive approach emphasizes continuous attack surface management, real-world emulation of adversary behavior, risk-based remediation prioritization, and automation of detection and defense responses. Utilizing breach and attack simulation (BAS) tools to regularly assess endpoint, network, and cloud defenses against real-world attack scenarios ensures resilience against lateral movement and exploitation.
    • Simulating real-world attacks: Conduct adversary emulation exercises, red and purple teaming, and leverage MITRE ATT&CK to test defenses against threats like ransomware and espionage campaigns.
    • Reducing attack surface exposure: Deploy attack surface management (ASM) tools to detect exposed assets, leaked credentials, and exploitable vulnerabilities while continuously monitoring darknet forums for emerging threats.
    • Prioritizing high-risk vulnerabilities: Focus remediation efforts on vulnerabilities actively discussed by cybercrime groups, leveraging risk-based prioritization frameworks such as EPSS and CVSS for effective patch management.
    • Leveraging dark web intelligence: Monitor darknet marketplaces for emerging ransomware services and track hacktivist coordination efforts to preemptively mitigate threats like DDoS and web defacement attacks.

    Discover how FortiGuard Labs Advisory Services combine cutting-edge technology and expert services to help organizations strengthen their security posture before threats emerge. In the event of an incident, FortiGuard Labs offers swift, effective response and in-depth forensic analysis to minimize impact and prevent future intrusions, delivering comprehensive protection in today’s increasingly volatile digital landscape.

    Additional Resources

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

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

    The MIL Network –

  • MIL-OSI: MKS Instruments to Participate in JP Morgan’s 53rd Annual Global Technology, Media and Communications Conference

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., April 28, 2025 (GLOBE NEWSWIRE) —  MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, announced today that John T.C. Lee, President and Chief Executive Officer, will participate in a fireside chat at JP Morgan’s Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 at 11:20 a.m. EDT.

    A live webcast of the session will be available in the Investor Relations section of the company’s website at https://investor.mksinst.com/events-and-presentations and a replay of the event will be available for a limited time thereafter.

    About MKS Instruments

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

    MKS Investor Relations Contact:
    Paretosh Misra
    Vice President, Investor Relations
    Telephone: +1 (978) 284-4705
    Email: paretosh.misra@mksinst.com

    The MIL Network –

  • MIL-OSI: Aktsiaselts Infortar 2024 audited Annual Report

    Source: GlobeNewswire (MIL-OSI)

    The Supervisory Board of Aktsiaselts Infortar approved the audited annual report for 2024 and will submit it to the Annual General Meeting for approval.

    Major events

    Maritime transport

    In the summer, Infortar invested €110 million in acquiring Tallink Grupp (Tallink) shares, increasing its shareholding in Tallink to 68.5%.

    The total number of passengers in 2024 reached 5.6 million. As of the end of the financial year, Tallink operated 14 vessels. Three vessels were chartered out during the year. The number of transported cargo units exceeded 303,000, and passenger vehicles transported totalled 777,000.

    Energy

    Infortar’s subsidiary, Elenger Grupp (Elenger), signed a €120 million agreement with the German energy conglomerate EWE AG to acquire EWE Group’s business operations in Poland. The transaction included natural gas assets, a distribution network in Western Poland, and all energy sales segments.

    In 2024, Elenger sold a total of 18.4 TWh of energy (15.9 TWh in 2023). Sales in Estonia accounted for 16% of the total energy sales in 2024. The company’s market share in gas sales across the Finland-Baltic gas market for the year was 24.3%.

    Real estate

    Infortar’s real estate portfolio has expanded from 100,000 to 141,000 square meters over the past year. At the end of last year, the Rimi logistics centre in Saue received its occupancy permit. This summer, a new bridge in Pärnu will be completed, followed by the opening of Lasnamäe’s second DEPO store in Estonia next year. In early 2028, the Kangru-Saku section of the Rail Baltica main route will also be completed.

    Key figures of financial year

    Key figures 12 months 2024 12 months 2023
    Sales revenue. m€ 1 371.775 1 084.626
    Gross profit. m€ 128.628 149.473
    EBITDA. m€ 145.275 143.283
    EBITDA margin (%) 10.6% 13.2%
    Operating profit. EBIT. m€ 77.024 123.628
    Total profit(-loss). m€1,2 193.670 293.830
    EPS (euros)2 9.36 14.62
    Total equity m€ 1 166.221 820.210
    Total liabilities m€3 1 223.287 441.160
    Net debt m€4 1 055.708 354.045
    Investment loans to EBITDA (ratio)5 3.0x 1.7x

    1.The 2024 financial year total profit includes a one-off revaluation of €94 million, mainly arising from the acquisition of Tallink. The 2023 financial year profit includes a one-off revaluation of €159 million, mainly arising from the acquisition of Gaso.

    2. In the Q4 and 12-month annual results reported on 25 February 2025, the consolidated total profit for the financial year was €173.351 million, and earnings per share (EPS) amounted to €8.46. Adjustments have been made in the audited figures, mainly related to the purchase price allocation of Tallink Grupp, resulting in an increase of €20.319 million in the total profit for the annual year and an increase of earnings per share (EPS) by 0.9 euros.

    3–4. The significant increase in liabilities and net debt is due to the consolidation of Tallink’s loans into Infortar’s financial statements in 2024.

    5. Infortar Group’s investment loans / EBITDA ratio. For 2024 Tallink’s 12-month EBITDA (€265.447 million) has been used for comparability purposes

    Revenue

    2024. financial year, the group´s consolidated sales revenue increased by €287.149 million reaching €1 371.775 million (compared to €1 084.626 million in 2023). A significant impact was made by the consolidation of Tallink Grupp’s results into Infortar’s consolidated financial statements starting from August 1, 2024.

    EBITDA and Segment Reporting

    Maritime transport Segment: The EBITDA for the maritime transport segment in 2024 financial year was €175.181 million (compared to €214.528 million in the 2023 financial year). In segment reporting 100% Tallink results are presented.

    Tallink´s financial results were affected by difficult economic environment across all our home markets, and the lowest consumer confidence levels in a decade.

    Energy Segment: The EBITDA for the energy segment of the 2024 financial year was €77.235 million (compared to €135.999 million in 2023). Warmer winter led to a decrease in sales volumes, which in turn impacted profitability in the fourth quarter.

    Real Estate Segment: The profitability assessment considers the EBITDA of individual real estate companies. The EBITDA for the real estate segment of the 2024 financial year was €13.567 million (compared to €12.39 million in 2023). Three new buildings at Liivalaia 9, Tähesaju 9, and Tähesaju 11 were included in the accounting for the 2023 financial year.

    Total Profit

    The consolidated total profit for the 2024 financial year was €193.67 million (compared to €293.83 million in the 2023 financial year). One-off significant impacts included the effects related to the acquisition of Tallink in 2024 and Latvian gas distribution company Gaso in 2023. The consolidated operating profit for the 2024 financial year was €77.024 million (compared to €123.628 million in 2023).

    Investments

    Infortar entered the agricultural sector by acquiring one of Estonia’s largest dairy farms in Halinga and began constructing a biomethane plant next to the farm for local biomethane production. Infortar invested €110 million in purchasing Tallink shares, increasing its shareholding in Tallink to 68,5%.

    Infortar subsidiary Elenger signed a €120 million agreement with the German energy group EWE AG to acquire EWE Group’s entire Polish business. The transaction includes the natural gas distribution network in Western Poland as well as all energy sales operations.

    Financing

    Loan and lease liabilities amounted to €1 223.287 million in 2024 financial year (compared to €441.16 million in 2023 financial year). Significant increase in the 2024 financial year is primarily due to the line-by-line consolidation of Tallink Grupp, which resulted in the full inclusion of Tallink’s liabilities among the group’s obligations.

    Proportionally to the growth in assets, Infortar’s net debt increased by €701.663 million, reaching €1 055.708 million (compared to €354,045 million in 2023 financial year). The net debt to EBITDA ratio was 3.4.

    Dividends

    According to the dividend policy, the objective is to pay dividends of at least 1 euro per share per financial year. Dividend payments are made semi-annually. Infortar Group’s management proposes to pay a dividend of 3 euros per share for the 2024 financial year results.

    Consolidated statement of profit or loss and other comprehensive income

    (in thousands of EUR) 12 months 2024 12 months 2023
    Revenue 1 371 775 1 084 626
    Cost of goods (goods and services) sold -1 243 034 -934 811
    Write-down of receivables -113 -342
    Gross profit 128 628 149 473
    Marketing expenses -21 086 -1 620
    General administrative expenses -50 438 -22 085
    Profit (loss) from biological assets -139 0
    Profit (loss) from the change in the fair value of the investment property -949 -4 074
    Profit (loss) from changes in the fair value of fixed assets -8 691  
    Unsettled gain/loss on derivative financial instruments 26 672 1 969
    Other operating revenue 4 682 2 523
    Other operating expenses -1 655 -2 558
    Operating profit 77 024 123 628
    Profit (loss) from investments accounted for by equity method 22 974 39 639
    Financial income and expenses 13 392 0
    Other financial investments -50 -4
    Interest expense -38 274 -22 573
    Interest income 4 979 2 765
    Profit (loss) from changes in exchange rates 100 -173
    Gain from bargain purchase 93 659 159 158
    Total financial income and expenses 73 806 139 173
    Profit before tax 173 804 302 440
    Corporate income tax 19 866 -8 610
    Profit for the financial year 193 670 293 830
    including:    
    Profit attributable to the owners of the parent company 191 253 293 778
    Profit attributable to non-controlling interest 2 417 52
    Other comprehensive income    
    Items that will not be reclassified to profit or loss    
    Revaluation of post-employment benefit obligations -141 -44
    Items that may be subsequently reclassified to the income statement:    
    Revaluation of risk hedging instruments -45 792 -58 189
    Exchange rate differences attributable to foreign subsidiaries 53 -42
    Total of other comprehensive income -45 880 -58 275
    Total income 147 790 235 555
    including:    
    Comprehensive profit attributable to the owners of the parent company 145 514 235 503
    Comprehensive profit attributable to non-controlling interest 2 417 52
    Ordinary earnings per share (in euros per share) 9,36 14,62
    Diluted earnings per share (in euros per share) 9,12 14,15

    Consolidated statement of financial position

    (in thousands of EUR) 31.12.24 31.12.23
    Current assets    
    Cash and cash equivalents 167 579 87 115
    Short-term derivatives 8 333 28 728
    Settled derivative receivables 676 5 958
    Other prepayments and receivables 155 351 162 575
    Prepaid taxes 3 831 925
    Trade and other receivables 38 517 20 185
    Prepayments for inventories 2 498 3 493
    Inventories 215 914 146 884
    Biological assets 941 0
    Total current assets 593 640 455 863
    Non-current assets    
    Investments to associates 16 603 346 014
    Long-term derivative instruments 3 214 1 125
    Long-term loans and other receivables 35 163 9 072
    Investment property 67 931 176 024
    Property, plant and equipment 1 909 458 446 748
    Intangible assets 38 874 14 366
    Right-of-use assets 47 598 11 300
    Biological assets 2 753 0
    Total non-current assets 2 121 594 1 004 649
    TOTAL ASSETS 2 715 234 1 460 512
         
    (in thousands of EUR) 31.12.24 31.12.23
    Current liabilities    
    Loan liabilities 497 162 184 259
    Rental liabilities 9 020 1 766
    Payables to suppliers 87 941 74 751
    Tax obligations 49 354 32 822
    Buyers’ advances 31 126 3 099
    Settled derivatives 8 728 1 463
    Other current liabilities 63 431 10 851
    Short term derivatives 27 704 3 659
    Total current liabilities 774 466 312 670
    Non-current liabilities    
    Long-term provisions 9 946 8 399
    Deferred taxes 2 816 33 233
    Other long-term liabilities 43 209 30 679
    Long-term derivatives 1 471 186
    Loan-liabilities 676 670 246 410
    Rental liabilities 40 435 8 725
    Total non-current liabilities 774 547 327 632
    TOTAL LIABILITIES 1 549 013 640 302
         
    (in thousands of EUR) 31.12.24 31.12.23
    Equity    
    Share capital 2 117 2 105
    Own shares -72 -95
    Share premium 32 484 29 344
    Reserve capital 212 205
    Option reserve 6 223 3 864
    Hedging reserve* -21 674 24 118
    Unrealised exchange rate differences 45 -39
    Post-employment benefit obligation reserve -185 -44
    Retained earnings from previous periods 890 167 759 918
    Total equity attributable to equity holders of the Parent 909 317 819 376
    Minority interests 256 904 834
    Total equity 1 166 221 820 210
         
    TOTAL LIABILITIES AND EQUITY 2 715 234 1 460 512

    Consolidated statement of cash flows

    Cash flows from operating activities    
    (in thousands of EUR) 12 months
    2024    		 12 months
    2023
    Profit for the financial year 193 670 293 830
    Adjustments:    
    Depreciation, amortisation, and impairment of non-current assets 68 251 19 655
    Change in the fair value of the investment property -22 974 -39 639
    Change in the value of derivatives -1 483 54 122
    Other financial income/expenses -112 030 -161 965
    Calculated interest expenses 38 274 22 573
    Profit/loss from non-current assets sold -955 -91
    Income from grants recognised as revenue -643 784
    Corporate income tax expense -19 866 8 610
    Income tax paid -10 551 -267
    Change in receivables and prepayments related to operating activities 52 023 54 540
    Change in inventories -12 831 -61 914
    Change in payables and prepayments relating to operating activities -81 275 -406
    Change in biological assets -322 0
    Total cash flows from operating activities 89 288 189 832
         
    Cash flows from investing activities    
    Purchases of associates 0 -10 314
    Purchases of subsidiaries -111 684 -103 414
    Received dividends 20 862 0
    Given loans 1 918 6 652
    Interest gain 4 953 2 691
    Purchases Investment property -10 352 -18 304
    Purchases of property, plant and equipment -27 835 -18 143
    Proceeds from sale of property 1 561 -252
    Total cash flows used in investing activities -120 577 -141 084
         
    Cash flows used in financing activities 12 months
    2024    		 12 months
    2023
    Proceeds from targeted financing 225 0
    Changes in overdraft 12 863 14 348
    Proceeds from borrowings 358 731 287 606
    Repayments of borrowings -151 790 -312 846
    Repayment of finance lease liabilities -11 300 -2 233
    Interest paid -39 153 -22 224
    Dividends paid -60 997 -15 750
    Gain from share emission 3 174 29 464
    Total cash flows used in financing activities 111 753 -21 635
         
    TOTAL NET CASH FLOW 80 464 27 113
    Cash at the beginning of the year 87 115 60 002
    Cash at the end of the period 167 579 87 115
    Net (decrease)/increase in cash 80 464 27 113

    The 2024 Annual Report of Aktsiaselts Infortar is attached to this notice and will be made available on the website Reports | Infortar.

    Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar also operates in construction and mineral resources, agriculture, printing, and other areas. A total of 110 companies belong to the Infortar group: 101 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Infortar employs 6,228 people.

    Additional information:

    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail: kadri.laanvee@infortar.ee
    www.infortar.ee/en/investor

    Attachments

    The MIL Network –

  • MIL-OSI: GDS Files 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, April 28, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 28, 2025 U.S. Eastern Time.

    The annual report can be accessed on the Company’s investor relations website at investors.gds-services.com and on the SEC’s website at www.sec.gov. The Company will provide hardcopies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@gds-services.com.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network –

  • MIL-OSI: MEXC Announces the Listing of MilkyWay (MILK) with 448,000 MILK and 50,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 28, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announces the upcoming listing of MilkyWay (MILK) on April 29, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 448,000 MILK and 50,000 USDT for both new and existing users.

    MilkyWay is a next-generation restaking protocol addressing security fragmentation across modular blockchains. As a liquid staking solution within the Celestia ecosystem and the leading restake protocol under Initia, it allows staked assets to secure multiple chains while improving capital efficiency through liquid staking (milkTIA) and AVS integration. It is currently integrated with over 10 DeFi protocols, including Osmosis, Levana, and Mars, offering users services such as trading, leverage, lending, and yield farming.MilkyWay’s TVL currently reaches $190 million.

    $MILK is the governance token of the MilkyWay ecosystem. Holders can stake to support network security, vote on proposals, and earn rewards through staking, liquidity incentives, and ecosystem growth. 10% of the total supply is airdropped to Celestia TIA stakers as a tribute to early supporters.

    To celebrate the listing, MEXC will launch an Airdrop+ event from April 28, 2025, 13:00 to May 8, 2025, 10:00 (UTC). The event includes the following benefits:
    Benefit 1: Deposit and share 336,000 MILK (New user exclusive)
    Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
    Benefit 3: Invite new users and share 112,000 MILK (For all users)

    The listing of MilkyWay (MILK) is just the latest example of MEXC’s dedication to bringing the most innovative and timely assets to its platform. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

    For full event details and participation rules, visit here.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

    Disclaimer: This is a paid post and is provided by MEXC. 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/73192371-340b-4487-b735-2023126ae5f7

    The MIL Network –

  • MIL-OSI: Varonis Announces AI Shield: Always-On AI Risk Defense

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — RSA Conference Booth N-5658 – Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced the industry’s first always-on AI risk defense that continuously identifies data exposure in real time, flags violations, and automatically fixes issues before they can become data breaches.

    In organizations with poor data security posture, employees and AI agents are only one action away from accessing troves of data they should never have had access to in the first place.

    Varonis AI Shield continuously analyzes your AI security posture, monitors how AI interacts with data, and dynamically right-sizes permissions so that sensitive information isn’t exposed due to poor data security hygiene.

    AI Shield makes intelligent decisions about which data to restrict from AI using Varonis’ patented permissions analysis algorithms that factor in data sensitivity, staleness, user profile, and more. Even if you haven’t right-sized access, AI Shield has you covered.

    “AI makes the data security challenge much more urgent and complex,” said Varonis EVP of Engineering and Chief Technology Officer David Bass. “AI Shield gives our customers the confidence to deploy AI with both preventative and detective controls that require zero setup and maintenance. It’s always on, always learning, and always working for you behind the scenes to prevent breaches and compliance violations.”

    With Varonis AI Shield, customers have always-on defense to ensure the secure use of AI, including:

    • Real-time risk analysis to show you exactly which sensitive data is exposed to AI
    • Automated risk remediation to continually eliminate data exposure at scale
    • Behavior-based threat detection to identify abnormal or malicious behavior
    • 24x7x365 alert response to investigate, contain, and stop data threats

    AI security is data security. AI Shield helps employees use AI without putting data at risk, ensuring only the right people — and agents — have access to data, that use is monitored, and abuse is flagged.

    Additional Resources

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Champion Safe Company Wraps Up a Strong Showing at the 154th NRA Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    PROVO, UT, April 28, 2025 (GLOBE NEWSWIRE) — Champion Safe Company, a leading manufacturer of premium safes and wholly-owned subsidiary of American Rebel Holdings, Inc. (NASDAQ: AREB), America’s Patriotic Brand (americanrebel.com), is proud to announce a strong and successful presence at the 154th NRA Annual Meetings & Exhibits held this past weekend in Atlanta, Georgia. Champion’s booth saw steady traffic and enthusiastic interest from NRA members passionate about protecting their firearms, their families, and their Second Amendment rights.

    “Our team was energized by the incredible passion and patriotism of the NRA members we met in Atlanta,” said Tom Mihalek, CEO of Champion Safe Company. “It’s clear that Champion’s commitment to building safes with American-made steel and uncompromising strength really resonates with people who care deeply about freedom and security.”

    Throughout the event, attendees explored Champion’s full lineup of gun safes and vault doors, drawn to the company’s reputation for superior strength, fire protection, and craftsmanship. Many took advantage of show specials, and the strong interest in Champion products led to a significant boost to the brand during the weekend.

    “The NRA Annual Meeting is a reminder of why we do what we do,” Mihalek added. “Champion safes are built to protect the rights, values, and possessions that matter most to Americans.”

    Champion Safe Company extends its thanks to the NRA, the City of Atlanta, The Atlanta Safe House and the thousands of attendees who made the 154th Annual Meeting a tremendous success.

    For more information about Champion Safe, visit championsafe.com.

    About Champion Safe Company

    Champion Safe Company has been at the forefront of safe manufacturing for over 25 years, offering a range of high-quality safes designed for ultimate security and fire protection. With a commitment to craftsmanship and innovation, Champion Safes are trusted by homeowners, gun owners, and businesses across the nation.

    About American Rebel Holdings, Inc.

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

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of the meeting, actual effect of the meeting on sales, margin and profit growth, our ability to effectively execute our business plan, and the Risk Factors contained within AREB’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2023 and Form 10-Q for the nine months ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact:
    ir@americanrebel.com

    The MIL Network –

  • MIL-OSI: Arctic Wolf Accelerates Momentum of Aurora Endpoint Security by Doubling Industry’s Largest Warranty Offering to $3 Million

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced that the Arctic Wolf Security Operations Warranty now offers up to $3 million USD in the event of a covered cybersecurity incident for customers who deploy Aurora Managed Endpoint Defense alongside the company’s Security Operations Bundles. This doubling in warranty coverage further extends Arctic Wolf’s leadership in offering the largest warranty in the cybersecurity industry and reflects the efficacy of Aurora Endpoint Security and the Arctic Wolf Aurora Platform.

    This announcement comes as Arctic Wolf Endpoint Security continues to see strong market momentum across customers and partners from around the globe, with more than 3,000 organizations in over 60 countries now relying on the solution to protect their endpoints. The expanded warranty underscores Arctic Wolf’s continued investment in outcome-based security and reaffirms its commitment to assisting customers of all sizes throughout their security journey.

    “Doubling our industry-leading Security Operations Warranty to $3 million underscores our confidence in the power of Aurora Endpoint Security,” said Dan Schiappa, president, technology and services, Arctic Wolf. “Customers and partners are responding with real enthusiasm because they see the innovation and value Aurora Endpoint Security brings to the market. This expanded warranty reinforces our commitment to delivering trusted outcomes and world-class endpoint security to measurably reduce risk.”

    New AI-enhanced Behavioral Detection Engine Enhances Detection Efficacy
    In addition to the expanded Security Operations Warranty, Arctic Wolf is introducing a new AI-enhanced Behavioral Detection Engine within Aurora Endpoint Security that delivers a streamlined and modern approach to endpoint threat detection. Launching with double the detection coverage and increased accuracy over previous detection capabilities, the engine builds on Arctic Wolf Endpoint Security’s proven foundation in endpoint defense to deliver even greater efficacy and precision.

    This enhancement includes a refreshed library of high-efficacy detection rules vetted by Arctic Wolf Labs, AI-assisted tuning workflows, and threshold-based alerting that reduces noise without compromising visibility. With support for MITRE ATT&CK tagging and flexible exception management across tenants, zones, and device policies, the engine helps security teams focus on the threats that matter most while reducing operational overhead.

    Arctic Wolf Signs CISA Secure by Design Pledge
    As part of its leadership in secure software development with Aurora Endpoint Security, Arctic Wolf has signed the CISA Secure by Design Pledge, reinforcing its commitment to building secure software as a core part of its development process. By aligning with CISA’s principles, Arctic Wolf is taking meaningful steps to reduce exploitable vulnerabilities, implement secure defaults, and embed security into every stage of the product lifecycle. This pledge reflects the company’s broader mission to end cyber risk for its customers while promoting greater transparency and accountability across the industry.

    To learn more about Aurora Endpoint Security and the Arctic Wolf Aurora platform, visit them at RSA Conference (Booth S-549) in San Francisco from April 28 – May 1, or visit arcticwolf.com.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: Arctic Wolf and Anthropic to Advance R&D for Next-Generation Autonomous SOC

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf, a global leader in security operations, today announced a strategic collaboration with Anthropic, a leading AI safety and research company, to accelerate the development of next-generation autonomous Security Operations Centers (SOCs). This collaboration combines the human augmented AI capabilities of the Arctic Wolf Aurora Platform, home to one of the world’s largest commercial SOCs, with Anthropic’s cutting-edge AI models and deep expertise in building safe, interpretable, and controllable AI systems.

    The Arctic Wolf Aurora Platform, built on an open XDR architecture, processes more than 8 trillion security events each week across endpoint, network, cloud, and identity, integrating with hundreds of third-party tools to deliver broad, real-time visibility across the enterprise. With a global customer base of over 10,000 organizations and millions of hours of analyst experience, Arctic Wolf has built one of the most robust and operationalized data lakes in cybersecurity.

    Building on this foundation, Arctic Wolf is collaborating with Anthropic to apply cutting-edge AI in ways that drive measurable improvements in security outcomes. Together, Arctic Wolf’s massive datasets and Anthropic’s LLM models aim to accelerate automation within the Arctic Wolf’s AI-powered SOC by improving detection precision, accelerating response, and strengthening cyber resilience as threats grow in volume and complexity.

    The first output of the Arctic Wolf and Anthropic collaboration is Cipher, an AI security assistant. Purpose-built to help customers extract deeper insights from the Arctic Wolf Aurora Platform, Cipher meets the highest standards of safety, privacy, and performance. Its launch marks a concrete step toward delivering on the promise of the autonomous SOC, demonstrating how AI can augment security teams with new levels of speed, accuracy, and intelligence at scale.

    “To keep up with the speed and complexity of today’s cyber threats, the Autonomous SOC is no longer aspirational, it’s essential,” said Dan Schiappa, president, technology and services, Arctic Wolf. “Anthropic brings world-class AI research and a deep commitment to building safe, high-performing systems. When paired with the scale of Arctic Wolf’s threat data, the openness of our platform, and the operational depth of our global SOC, we have everything needed to redefine what security operations can be.”

    “As model capabilities increase, access to expert, domain-specific data remains the bottleneck in highly complex jobs like cyber operations,” said Michael Gerstenhaber, VP of product, Anthropic. “We’re proud to support Arctic Wolf’s development of Cipher and excited to see how it empowers security teams with instant, reliable access to the intelligence they need to conduct their operations.”

    To learn more about the Arctic Wolf and Anthropic collaboration, or see Cipher in action, visit Arctic Wolf at the RSA Conference  (Booth S-549) in San Francisco from April 28 – May 1.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: Arctic Wolf Introduces Cipher: an AI Security Assistant Built on the Arctic Wolf Aurora Platform

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today introduced Cipher, a AI security assistant that provides customers with self-guided access to deeper security insights directly within the Arctic Wolf® Aurora Platform. Cipher enhances investigations and alert comprehension by delivering instant answers, contextual enrichment, and actionable summaries, all informed by real-world experience from Arctic Wolf’s AI-enabled global security operations centers (SOC).

    Cipher is the newest element of Alpha AI, Arctic Wolf’s portfolio of AI technologies designed to deliver market leading AI SOC intelligence. Alpha AI leverages the full scale of the Arctic Wolf Aurora Platform which ingests more than 8 trillion security events each week across every major attack surface, including endpoint, network, cloud, and identity. This depth and diversity of telemetry forms the foundation of our industry-leading data lake, enabling real-time threat detection and response. In a security landscape that’s evolving faster than most organizations can staff or skill for, many teams lack the time, tools, or expertise to turn data into action. Cipher bridges that gap by making deep security insights instantly accessible, helping customers investigate faster, prioritize smarter, and respond with greater confidence.

    Cipher is enhanced by more than a decade of expert informed annotation from Arctic Wolf’s global SOC, leveraging millions of hours of human-reinforced learning to significantly streamline investigations and fuel more informed security decisions. We believe this unique combination of scale, experience, and security-specific expertise makes Cipher one of the most powerful AI-based security assistants in the market today.

    Built to serve as a seamless extension of the Concierge Security® experience that Arctic Wolf customers know and trust, Cipher introduces more flexibility in how customers interact with their security data. While users will continue to receive expert guidance from their dedicated Concierge Security Team, Cipher adds a 24/7 self-service option to access insights, context, and recommendations on demand to help drive stronger outcomes.

    “Cipher marks a defining moment in the evolution of security operations. Through a combination of the scale of our data lake and our Alpha AI technologies, we’re empowering every security team to operate with the speed, insight, and confidence of the world’s best analysts, on demand and at scale,” said Dan Schiappa, president, technology and services, Arctic Wolf. “As a fully integrated part of the Aurora Platform, Cipher gives customers new, intuitive ways to interact with their security data, whether that’s summarizing alerts, exploring vulnerabilities, or identifying incident trends. It’s about delivering flexibility and control, without ever compromising trust or accuracy.”

    Unlike many GenAI security tools that only operate within a single vendor’s ecosystem, Cipher runs on the Arctic Wolf Aurora Platform, which integrates hundreds of leading security and IT tools via its open XDR architecture. With this broad visibility, Cipher is unique in its ability to analyze signals across a wide range of technologies, to provide richer context and more usable insights across multiple attack surfaces. As a result, organizations benefit from an AI-driven experience that reflects the full complexity of their environment, not just a narrow slice of it.

    Cipher was developed in collaboration with Anthropic, a leading AI safety and research company, to ensure the solution meets the highest standards for both security and privacy. Leveraging Anthropic’s advanced large language model (LLM) technology, Cipher is purpose-built to deliver fast, accurate insights while respecting data boundaries and maintaining control over sensitive information.

    “Arctic Wolf’s breadth and depth of data, thanks to their open platform, make them positioned to bring generative AI to security operations in a meaningful and effective way,” said Michael Gerstenhaber, VP of product, Anthropic. “We’re proud to support Cipher’s development and excited to see how it empowers security teams with instant, reliable access to the intelligence they need.”

    Cipher is launching as a beta to Arctic Wolf customers on April 28.

    To learn more about Cipher or the Arctic Wolf Aurora platform, visit Arctic Wolf at the RSA Conference  (Booth S-549) in San Francisco from April 28 – May 1, or visit arcticwolf.com.

    Privacy and Data Handling
    Arctic Wolf is committed to upholding the highest privacy and security standards. Click here to read Arctic Wolf’s customer privacy policy.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com 

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc.

    The MIL Network –

  • MIL-OSI: Arctic Wolf Promotes Dan Schiappa to President, Technology and Services

    Source: GlobeNewswire (MIL-OSI)

    EDEN PRAIRIE, Minn., April 28, 2025 (GLOBE NEWSWIRE) — Arctic Wolf®, a global leader in security operations, today announced the promotion of Dan Schiappa to President, Technology and Services. In this expanded leadership role, Schiappa will oversee the strategic direction and continued innovation of Arctic Wolf’s industry-leading Aurora Platform, which is transforming cybersecurity outcomes via artificial intelligence and the human-reinforced learning from one of the world’s largest commercial security operations centers (SOCs).

    Schiappa, who previously served as Chief Product and Services Officer at Arctic Wolf, brings decades of experience leading product strategy and development at some of the world’s most recognized cybersecurity and technology companies. Since joining Arctic Wolf, he has played a pivotal role in scaling the platform’s capabilities, driving product innovation, and aligning the company’s services with the evolving needs of customers navigating an increasingly complex threat landscape.

    “Dan’s promotion reflects the incredible impact he has made on our technology and services organization, as well as the confidence we have in his ability to lead Arctic Wolf into its next phase of growth,” said Nick Schneider, president and chief executive officer, Arctic Wolf. “His leadership will be instrumental as we continue to scale our AI-powered security operations platform and deliver outcomes that make security more accessible and effective for organizations of all sizes.”

    As President, Technology and Services, Schiappa will guide Arctic Wolf’s strategic initiatives across product management, engineering, security services, and threat intelligence—ensuring the company remains at the forefront of innovation in AI-driven security operations.

    Schiappa’s distinguished career includes executive roles at Sophos, Microsoft, and RSA, where he consistently championed security transformation and operational excellence.

    About Arctic Wolf
    Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

    To learn more about Arctic Wolf, visit www.arcticwolf.com.

    Press Contact:
    Lauren Back
    PR@arcticwolf.com 

    © 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

    The MIL Network –

  • MIL-OSI: AI Lifecycle Automation Leader ModelOp Strengthens Its Commitment to Trustworthy and Ethical AI in Healthcare by Joining the Coalition for Health AI (CHAI)

    Source: GlobeNewswire (MIL-OSI)

    As a member of CHAI, ModelOp joins a diverse network of industry leaders, healthcare providers, academic institutions, and technology organizations working together to establish best practices and frameworks that ensure the safe and equitable deployment of health AI systems.

    CHICAGO, April 28, 2025 (GLOBE NEWSWIRE) — ModelOp, the leading AI lifecycle automation and governance software for enterprises, announced today its official membership in the Coalition for Health AI (CHAI), a private sector coalition committed to developing industry best practices and frameworks to address the urgent need for independent validation for quality assurance, representation, and ethical practices for health AI. CHAI aims to address the critical need for independent validation and oversight of AI technologies that impact patient care, clinical outcomes, and health equity.

    “AI is rapidly transforming healthcare, and with that transformation comes a heightened responsibility to ensure models are transparent, trustworthy, and aligned with ethical standards,” said Pete Foley, CEO of ModelOp. “Joining CHAI reflects ModelOp’s deep commitment to enabling both innovation and robust governance for health AI, ensuring that AI initiatives are not only effective but also fair, explainable, and safe.”

    ModelOp’s expertise in operationalizing and governing AI models at scale will support CHAI’s mission to create interoperable frameworks for evaluating AI performance, bias mitigation, and regulatory compliance. With its enterprise-grade model operations platform, ModelOp helps healthcare organizations manage the entire AI model lifecycle – from use case intake, risk tiering, and compliance reviews, to model implementation, recurring validations, monitoring, decommissioning, and audit reporting – while ensuring alignment with industry regulations and ethical guidelines.

    “I am thrilled to welcome ModelOp to our growing community of organizations committed to ensure responsible health AI for all of us,” said Brian Anderson, CHAI’s CEO. “We are driven by the expertise and diverse perspectives of our members together with the feedback of our broader health ecosystem and the public. We look forward to working together to unlock the potential benefits of AI, on a foundation of trust and safety.”

    As a coalition bringing together leaders and experts across the community of health systems, patient advocates, researchers, professional associations, start-ups and established technology providers, CHAI has established diverse working groups focusing on privacy & security, fairness, transparency, usefulness, and safety of AI algorithms.

    CHAI was started by clinicians. Its mission is to build the broadest possible consensus across the health ecosystem to help ensure health AI is trusted and safe. The CHAI membership is diverse, open and rapidly expanding. Today it includes over 2500 organizations including health systems, patient advocacy groups, academia, and a wide range of industry start-ups and incumbents. CHAI is committed to convening and dialogue to achieve consensus. There are no limits to who can join and participate. Learn more about a CHAI membership here.

    Visit https://www.modelop.com/ to learn more about ModelOp.

    About CHAI
    The CHAI (Coalition for Health AI) mission is to be the trusted source of guidelines for Responsible AI in Health that serves all. It aims to ensure high-quality care, foster trust among users, and meet the growing healthcare needs. As a coalition bringing together leaders and experts representing health systems, startups, government and patient advocates, CHAI has established diverse working groups focusing on privacy & security, fairness, transparency, usefulness, and safety of AI algorithms.

    About ModelOp
    ModelOp is the leader in AI lifecycle automation and governance software, purpose-built for enterprises. It enables organizations to bring all of their AI initiatives – from GenAI and ML to regression models – to market faster, at scale, and with the confidence of end-to-end control, oversight, and value realization. ModelOp is used by the most complex and regulated institutions in the world – including major banks, insurers, regulatory bodies, healthcare organizations, and global CPG companies – because it delivers the structure, automation, and oversight necessary to operationalize AI at scale across the entire enterprise. In 2024, ModelOp received the prestigious AI Breakthrough Award for “Best AI Governance Platform” and was also recognized as a winner in Inc.’s Best in Business Awards in the AI & Data category. In 2025, it was awarded the “Best AI Governance Software Award” from Netty Awards and received Business Intelligence Group’s Artificial Intelligence Excellence Award. Follow ModelOp on LinkedIn.

    Media Contact
    Ria Romano, Partner
    RPR Public Relations, Inc.
    Tel. 786-290-6413

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/daed40bd-0503-446a-9b72-bda2edc3ed16

    The MIL Network –

  • MIL-OSI: Block Advisors by H&R Block Now Accepting Entries for Second Annual ‘Fund Her Future’ Grant Program Created to Help Female Founders Thrive, Fuel Small Business Growth

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo., April 28, 2025 (GLOBE NEWSWIRE) — Block Advisors by H&R Block today announced the return of its Fund Her Future grant program. Starting today, applications are being accepted through May 30, 2025. In its second year, the 2025 program is recognizing six women-owned small businesses with high growth and community impact potential. Grant recipients will receive a combined award of $100,000 in funding plus a year of small business services from Block Advisors valued at nearly $30,000.

    Despite women being one of the fastest-growing segments of new small business owners, female entrepreneurs face more hurdles compared to male entrepreneurs when it comes to accessing capital and resources. The 2024 State of Women’s Small Business Report by Block Advisors found that 42% of women business owners who applied for a bank loan were never approved, and nearly 90% of women reported relying on personal finances and credit cards to fund their ventures due to the lack of accessible funding.

    “We understand the challenges entrepreneurs face as they grow their businesses. They need more than just capital; they need trusted expertise that saves them time and puts their mind at ease,” said Jamil Khan, Chief Small Business Officer at H&R Block. “That’s why Fund Her Future provides not only financial support but also access to Block Advisors year-round small business services, including such business-critical services as tax preparation, payroll, bookkeeping and business structure analysis.”

    Fund Her Future Entries Now Open

    The 2025 program will award up to one small business owner a grant package of $50,000. Up to five additional recipients will receive a $10,000 grant. All winners will receive a year of access to Block Advisors small business services.

    To apply, applicants must be over 18 years old and an owner of a United States-based business. Other eligibility requirements can be found on the Fund Her Future website. Businesses that demonstrate community impact are especially encouraged to apply. Submissions to the 2025 Fund Her Future small business grant program are being accepted from April 28 through May 30. Recipients will be notified by the end of July. 

    Driving Impact, Fueling Growth: The Success Stories of Fund Her Future 2024

    Last year’s Fund Her Future grant program received more than 6,000 applicants and awarded grants to five entrepreneurs whose businesses were poised to achieve growth with the right resources.

    Grant recipient Heather Jiang, who owns Allégorie, a NYC-based small-batch accessory line that turns food waste into fashion, leveraged her grant winnings to expand her product lines and hire additional staff. The Block Advisors services Jiang received as part of the grant package helped her position her company for long-term success. “There is a sense of relief in handing off my bookkeeping to a Block Advisors expert,” Jiang explained. “It frees up my time to focus on other aspects of the business. They ensure everything is handled properly. The recognition from the grant has been amazing, as well. We’ve seen a 50 percent increase in online traffic to our website since the 2024 grant was announced.”

    Erica Cole is the owner of Richmond-based No Limbits, an accessible apparel brand for people with lower limb differences, those with limited dexterity in their hands and arms, individuals with sensory processing challenges and wheelchair users. When asked about the impact of winning a Fund Her Future grant, Cole shared “the funding and small business support from Block Advisors has allowed me to scale my business. It enabled me to launch my sensory-friendly collection in Walmart and acquire Buck & Buck, a leader in adaptive apparel.”

    Ameka Coleman, owner of Strands of Faith based in Pearl, MS, is a former healthcare professional who started her company after noticing many healthcare patients lacked access to non-toxic haircare products that celebrated their textured hair. “This grant allowed us to onboard two more hospital networks, which significantly increases demand for our products. We’re looking at a 400% increase in revenue from this workstream,” said Coleman.

    To learn more, including how to apply to the 2025 Fund Her Future Grant program, visit www.BlockAdvisors.com/FundHerFutureGrant. For more information about Block Advisors and its year-round services for small businesses, visit www.BlockAdvisors.com.

    About H&R Block
    H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

    The MIL Network –

  • MIL-OSI: IDEX Biometrics ASA: Registration of share capital increase – 28 April 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the announcement by IDEX Biometrics ASA (the “Company”) on 11 March 2025 regarding a loan financing of NOK 30 million and a proposed debt conversion of the loan. Reference is also made to the announcement on 11 April 2025 regarding the resolution by the Extraordinary General Meeting to carry out the debt conversion by issuance of a total of 3,000,000,000 new shares in the Company.

    The share capital increase by debt conversion has duly been registered in the Norwegian Register of Business Enterprises. Following the share capital increase, the Company’s share capital is NOK 38,315,942.32 divided into 3,831,594,232 shares, each with a nominal value of NOK 0.01.

    For further information, please contact:

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com  

    About this notice:

    This notice was published by Kristian Flaten, CFO, 28 April 2025 at 14:30 CET on behalf of IDEX Biometrics ASA.  This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    The MIL Network –

  • MIL-OSI: Reduction of share capital by cancellation of own shares

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no 21 2025 Danske Bank
    Bernstorffsgade 40
    DK-1577 København V
    Tel. + 45 45 14 14 00

    28 April 2025

    Page 1 of 1

    Reduction of share capital by cancellation of own shares

    At Danske Bank A/S’ annual general meeting on 20 March 2025, it was resolved to reduce Danske Bank’s share capital by nominally DKK 271,894,960 from nominally DKK 8,621,846,210 to nominally DKK 8,349,951,250 by cancelling a part of Danske Bank’s holding of own shares.

    Danske Bank has registered the share capital reduction with the Danish Business Authority, cancelled shares at a nominal value of DKK 271,894,960 and thereby completed the share capital reduction with Nasdaq Copenhagen.

    With reference to section 32 of the consolidated act no. 198 of 26 February 2024 on capital markets, Danske Bank A/S’ total share capital as of today amounts to nominally DKK 8,349,951,250 corresponding to 834,995,125 shares of nominally DKK 10 each and 834,995,125 voting rights.

    The reduction of the share capital will not affect Danske Bank’s current share buy-back programme, which will continue as previously announced.

    Danske Bank A/S

    Contact: Stefan Kailay Wind, Head of Corporate Communications & Media Relations, tel. +45 45 14 14 00

    Attachment

    The MIL Network –

  • MIL-OSI: ESCO Completes Acquisition of SM&P

    Source: GlobeNewswire (MIL-OSI)

    St. Louis, April 28, 2025 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) today announced that it has completed the acquisition of the Signature Management & Power (SM&P) business of Ultra Maritime for a purchase price of $550 million in cash. SM&P is an established, long-standing provider of mission-critical signature and power management solutions for the US and UK naval defense markets. Their sole source product offerings will add significant scale to ESCO’s Navy businesses, providing increased content on US Navy submarine and surface ship programs and expansion into vital UK and AUKUS navy platforms.

    SM&P will become part of ESCO’s Aerospace & Defense (A&D) segment. Their Signature Management and Power Management product lines are highly complementary to ESCO’s current naval programs. Signature Management offers solutions for surface ships and submarines that provide magnetic and electric field countermeasures to prevent underwater mine and sensor detection. Power Management provides innovative and highly-engineered motors that drive critical ship propulsion systems with an ultra-quiet design ensuring low vibration levels to increase stealth capabilities.    

    This acquisition supports ESCO’s long-term objective of expanding our leadership positions in our high-growth end-markets. SM&P is well-positioned to benefit from increasing global naval defense spending as the US and its allies upgrade their aging naval defense programs.

    Our previously issued FY 2025 guidance does not include the impact of the SM&P acquisition.   Our guidance will be updated to include the FY 2025 impact of SM&P in our Q2 2025 earnings announcement on May 7, 2025.

    ESCO is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, space, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement products and systems; and provides diagnostic instruments, software and services to industrial power users and the electric utility and renewable energy industries. Headquartered in St. Louis, Missouri, ESCO and its subsidiaries have offices and manufacturing facilities worldwide. For more information on ESCO and its subsidiaries, visit ESCO’s website at www.escotechnologies.com.

    SOURCE ESCO Technologies Inc.
    Kate Lowrey, Vice President of Investor Relations, (314) 213-7277

    The MIL Network –

  • MIL-OSI: POET Technologies Announces US$25 Million Offering Priced at a Premium to Market

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the “Units“) at a price of US$5.00 per Unit (the “Issue Price“) for aggregate gross proceeds to the Corporation of US$25 million (the “Offering“). Each Unit will be comprised of one common share of the Corporation (each, a “Common Share“) and one common share purchase warrant of the Corporation (each, a “Warrant“), with each Warrant being exercisable to acquire one Common Share at a price of C$8.32 for a period of five years from the date of issuance.

    The Issue Price represents a premium of approximately 21.8% over the closing price of the Common Shares on the TSX Venture Exchange on Friday, April 25, 2025. The Corporation anticipates using the net proceeds of the Offering for working capital and general corporate purposes.

    The Offering will be made by way of a prospectus supplement (the “Prospectus Supplement“) to the short form base shelf prospectus of the Corporation dated September 6, 2024, which Prospectus Supplement will be prepared and filed by the Corporation prior to the closing of the Offering with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of the Corporation’s U.S. registration statement on Form F-10 (“Form F-10“) (Registration No. 333-280553) under the U.S.-Canada Multijurisdictional Disclosure System, with such additions thereto and deletions therefrom as may be permitted or required by Form F-10. The Offering is expected to be fully subscribed by a single institutional investor in Canada that qualifies as an “accredited investor” under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.

    The consummation of the Offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange“), and the satisfaction of other customary closing conditions. No commission or finder’s fee will be paid in connection with the Offering.

    The Corporation had announced the terms of a similar offering on December 12, 2024. However, the Corporation decided to postpone such offering in order to prioritize the completion of its previously announced acquisition of Quanzhou San’an Optical Communication Technology Co., Ltd.’s 24.8% interest in Super Photonics Integrated Circuit Xiamen Co., Ltd. (“SPX“) and meet key milestones related to establishing assembly and manufacturing capabilities in Malaysia. With the SPX acquisition now complete and the Malaysia expansion well underway, the Corporation and the investor have agreed to revised offering terms and anticipate completing the Offering on or about May 15, 2025. With an already robust cash position, the completion of the current offering will be used to further establish the Corporation as a leading supplier of optical engines and light sources that power connectivity in artificial intelligence systems and networks.

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications.  POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China.  More information about POET is available on our website at www.poet-technologies.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s expectations with respect to consummation of the Offering, the Corporation’s ability to complete the Offering on the announced terms, the Corporation’s products, the scalability of the POET Optical Interposer and the success of the Corporation’s products, the Corporation’s ability satisfy all closing conditions and close the Offering within the announced timeline, the investor acquiring all of the Units under the Offering on the terms announced, the Corporation’s use of proceeds for the Offering, the Corporation’s ability to complete the Malaysia expansion, the Corporation’s ability to obtain the final approval of the Exchange, the Corporation being well-capitalized upon the closing of the Offering and the Corporation being able to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the size of the market for its products, the capability of SPX to produce products on time and at the expected costs, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation’s product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation’s filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation’s securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: Endeavor Bancorp Reports Net Income of $1.4 Million for the First Quarter of 2025; Highlighted by Loan and Deposit Growth and Net Interest Margin Expansion

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 28, 2025 (GLOBE NEWSWIRE) — Endeavor Bancorp (OTCQX: EDVR) (the “Company,” or “Bancorp”), the holding company for Endeavor Bank (the “Bank”), today reported net income of $1.36 million, or $0.32 per diluted share, for the first quarter of 2025, compared to net income of $1.08 million, or $0.25 per diluted share, for the fourth quarter of 2024, and $407,000, or $0.10 per diluted share, for the first quarter of 2024. First Quarter 2025 financial results are unaudited.

    Results for the first quarter of 2025 included a $385,000 provision for credit losses, compared to a $374,000 provision for credit losses in the fourth quarter of 2024, and a $450,000 provision for credit losses in the first quarter of 2024. Excluding taxes and loan loss provisions, the Company’s pretax, pre-provision net income increased to $2.33 million in the first quarter of 2025, compared to $1.93 million in the preceding quarter and $1.04 million in the first quarter of 2024.

    “Endeavor’s first quarter performance marks a great start to the year, underscoring our continued commitment to delivering value to our shareholders and the businesses we serve,” stated Julie Glance, CFO. “We allocated significant resources toward growing the company and expanding our team in 2024, and our first quarter operating results demonstrate the positive impact of these investments on our earnings. We experienced meaningful growth in both loans and deposits, coupled with continued margin expansion. Net loans increased 4.6% during the quarter and 34.9% year-over-year. Additionally, total deposits grew nicely during the quarter, increasing 4.2% compared to the prior quarter end and 27.2% over the prior year. For a community bank like Endeavor, deposits are the most integral component in keeping our balance sheet healthy and keeping us lending to our business clients. We will continue to focus on deposit gathering in the year ahead, with an emphasis on bringing in full client relationships to grow our core deposit base.”

    Income Statement 
    Strong first quarter earnings were driven by loan growth and earning asset rates. Total interest income on loans and bank deposits and investments was $11.1 million, an increase of $365,000 compared to the preceding quarter, while total interest expenses decreased $130,000 during the same timeframe. Net interest income was $7.0 million in the first quarter of 2025, which was an increase of $495,000, or 7.6% compared to the preceding quarter and a 39.5% increase compared to the first quarter of 2024.

    “The 15-basis point increase in our net interest margin during the first quarter of 2025, compared to the prior quarter, was primarily the result of strong loan growth, in addition to improving funding costs,” said Dan Yates, CEO. “In the current rate environment, we continue to actively manage our asset-liability mix to protect our net interest margin, while ensuring competitive loan and deposit pricing across our portfolio.”

    The Company’s net interest margin increased 15 basis points to 4.12% in the first quarter of 2025 compared to 3.97% in the fourth quarter of 2024 and increased 44 basis points compared to 3.68% in the first quarter of 2024. The yield on total earning assets remained strong, decreasing only 2 basis points during the first quarter of 2025 to 6.52%, compared to 6.54% in the preceding quarter, and up from 6.23% in the first quarter of 2024. The cost of deposits decreased to 2.58% in the first quarter, compared to 2.76% in the fourth quarter, and unchanged from 2.76% in the first quarter of 2024.

    Non-Interest income was $183,000 in the first quarter of 2025, an increase of $23,000 or 14% compared to the fourth quarter of 2024, and a slight increase compared to $151,000 in the first quarter of 2024.

    Non-Interest expense was $4.86 million in the first quarter of 2025, an increase of $112,000 compared to the fourth quarter of 2024, and an increase of $725,000 compared to the first quarter of 2024. The higher expenses year-over-year were largely due to strategic investment in staff throughout 2024. “During 2024, Endeavor made significant investments in our team, increasing headcount by over 30%. These investments are now yielding results, as revenue growth driven by our expanded capabilities has more than offset the increase in expenses this quarter. The strong improvement in the efficiency ratio is also evidence that the 2024 additional hires are now fully engaged and productive driving the efficiency ratio from 79.9% in first quarter 2024, to 71.2% in fourth quarter 2024, to 67.6% in first quarter 2025. We have fewer new hires planned for 2025, and as we continue to leverage our expanded team we are well positioned for additional earnings growth throughout the remainder of the year,” said Yates.

    A significant portion of the annual board compensation will be paid in the second quarter of 2025 in contrast to 2024 in which the compensation was $312,000 in the first quarter. Adjusting the first quarter 2025 net income for the timing of board compensation and the annual expense for a contract negotiation, net income would have been reduced to $1.2 million in first quarter 2025.

    The Company’s annualized return on average equity for the first quarter of 2025 was 11.68%, compared to 9.35% in the fourth quarter of 2024 and 3.79% in the first quarter of 2024. The annualized return on average assets for the first quarter of 2025 was 0.79% compared to 0.65% in the fourth quarter of 2024 and 0.29% in the first quarter of 2024.

    Balance Sheet 
    Total assets increased by $26.2 million, or 3.9%, during the first quarter of 2025 to $704.6 million at March 31, 2025, compared to $678.3 million at December 31, 2024, and increased $138.7 million, or 24.5%, compared to March 31, 2024. Balance sheet liquidity remains strong with cash balances of $80.9 million, which represents 11.5% of total assets as of March 31, 2025. The Company’s bond portfolio increased $609,000 during the first quarter of 2025 to $26.4 million as of March 31, 2025, representing 3.7% of total assets. Total available borrowing capacity through the Federal Home Loan Bank and the Federal Reserve discount window totaled $210.0 million as of quarter end.

    “Our results for the first quarter emphasized the effort of our strong, experienced team, and our commitment to expanding our brand of business banking, which includes growing both sides of the balance sheet while maintaining strong credit quality,” said Steve Sefton, President. “Loan growth and new loan originations remained strong during the first quarter of 2025, as we continue to seek out high quality lending opportunities in our markets.”

    Total loans outstanding increased $26.0 million, or 4.6%, during the first quarter of 2025 to $597.8 million at March 31, 2025, compared to $571.8 million three months earlier, and increased $154.6 million, or 34.9%, when compared to $443.2 million a year earlier. Total non-performing loans decreased to 0.40% of the total loan portfolio as of March 31, 2025, compared to 0.46% in the prior quarter. The Company had no net charge offs during the first quarter of 2025, or in the prior quarter.

    Total deposits increased $24.9 million, or 4.1%, during the quarter to $626.2 million at March 31, 2025, compared to $601.2 million three months earlier, and increased $134.0 million, up 27.2% when compared to $492.2 million a year earlier. The loan to deposit ratio was 95.5% at March 31, 2025, compared to 95.1% at December 31, 2024, and 90.1% as of March 31, 2024.

    As a result of its participation in a reciprocal deposit placement network, the Bank accepted “reciprocal” deposits from other institutions, enabling the Bank to offer customers FDIC insurance on accounts in excess of the typical $250,000 FDIC insurance limit. Although the reciprocal deposits maintained through the network are core deposits seeking FDIC insurance, the FDIC rules indicate that reciprocal deposits aggregating over 20% of total liabilities are classified as deposits obtained by or through a deposit broker. The total reciprocal deposits reported as brokered deposits were $82.6 million at March 31, 2025, and $113.7 million as of December 31, 2024. To support strong loan growth, the Company is utilizing a conservative amount of wholesale deposits. As of March 31, 2025, total wholesale deposits, excluding the reciprocal deposits, was $60.2 million, representing 8.9% of total deposits compared to $60.7 million, or 10.1% of total deposits as of December 31, 2024.

    Shareholders’ equity was $47.7 million at March 31, 2025, compared to $46.0 million at December 31, 2024, and $42.5 million at March 31, 2024. Tangible book value per share increased to $13.49 at March 31, 2025, compared to $13.20 three months earlier and $12.64 a year earlier.

    Capital 
    The Bank’s Tier 1 leverage ratio was 10.57% as of March 31, 2025, compared to 10.90% at December 31, 2024. The Tier 1 risk-based capital ratio was 10.47% as of March 31, 2025, compared to 10.71% on December 31, 2024, and the Total risk-based capital ratio was 11.65% compared to 11.90% three months earlier, all of which were well above regulatory minimums.

    About Endeavor Bancorp 
    Endeavor Bancorp, the holding company for Endeavor Bank, is primarily owned and operated by Southern Californians for Southern California businesses and their owners. The bank’s focus is local: local decision-making, local board, local founders, local owners, and relationships with local clients in Southern California.

    Headquartered in downtown San Diego in the Symphony Towers building, the Bank also operates a loan production and executive administration office in Carlsbad and a branch office in La Mesa. Endeavor Bank provides traditional business banking services across a broad spectrum of industries and specialties. Unique to the bank is its consultative banking approach that partners our business clients with Endeavor Bank’s senior management. Together, we build strategies and provide resources that solve problems, plan for the future, and help clients’ efforts to grow revenues and profits. Endeavor Bancorp trades on the OTCQX® Best Market under the symbol “EDVR.” Visit www.endeavor.bank for more information.

    Endeavor Bank is rated by Bauer Financial as Five-Star “Superior” for strong financial performance, the top rating given by the independent bank rating firm. DepositAccounts.com awarded Endeavor Bank an A rating.

    EDVR Shareholders 
    With many of our shareholders transferring their EDVR shares to their brokerage companies, along with ongoing trading taking place, Bancorp may not have the most current shareholder contact information. If you are an EDVR shareholder and would like to receive information via a more timely method, please complete the Shareholder Communication Preference Form on our website: https://www.bankendeavor.com/investor-relations so we can keep you updated on EDVR news, and invite you to various shareholder networking events throughout the year. 

    Forward-Looking Statements 
    This press release includes “forward-looking statements,” as such term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the current beliefs of the Company’s directors and executive officers (collectively, “Management”), as well as assumptions made by and information currently available to the Company’s Management. All statements regarding the Company’s business strategy and plans and objectives of Management of the Company for future operations, are forward-looking statements. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect” and “intend” and words or phrases of similar meaning, as they relate to the Company or the Company’s Management, are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s expectations (“cautionary statements”) are loan losses, rapid and unanticipated deposit withdrawals, unavailability of sources of liquidity, additional regulatory requirements that may be imposed on community banks or banks generally, changes in interest rates, loss of key personnel, lower lending limits and capital than competitors, regulatory restrictions and oversight of the Company, the secure and effective implementation of technology, risks related to the local and national economy, the effect on customers, collateral value and property insurance markets of the recent wildfires in the Los Angeles metropolitan area and similar events in the future, changes in real estate values, the Company’s implementation of its business plans and management of growth, loan performance, interest rates, and regulatory matters, the effects of trade, monetary and fiscal policies, inflation, and changes in accounting policies and practices. Based upon changing conditions, if any one or more of these risks or uncertainties materialize, or if any underlying assumptions prove incorrect, actual results may vary materially from those described as anticipated, believed, estimated, expected, or intended. The Company does not intend to update these forward-looking statements.

               
    SELECTED FINANCIAL DATA
    (In thousands of dollars, except for ratios and per share amounts)
    Unaudited
              Three Months Ended        
        March 31, 2025 December 31, 2024   March 31, 2024
        (Consolidated) (Consolidated)   (Consolidated)
    SUMMARY OF OPERATIONS          
    Interest income   $ 11,119   $ 10,754     $ 8,516  
    Interest expense     4,106     4,236       3,488  
    Net interest income     7,013     6,518       5,029  
    Provision for credit losses     385     374       450  
    Net interest income after loss provision     6,628     6,144       4,580  
    Non-interest income     183     160       151  
    Non-interest expense     4,864     4,752       4,139  
    Income before tax     1,947     1,552       591  
    Federal income tax expense     372     296       117  
    State income tax expense     214     171       66  
    Net income   $ 1,361   $ 1,084     $ 407  
               
    Core pretax earnings*   $ 2,332   $ 1,926     $ 1,041  
    *excludes taxes and provision for loan losses              
               
    PER COMMON SHARE DATA          
    Number of shares outstanding (000s)*     3,503     3,494       3,422  
    *Adjusted for May 2024 Stock Dividend          
    Earnings per share, basic   $ 0.39   $ 0.31     $ 0.12  
    Earnings per share, diluted   $ 0.32   $ 0.25     $ 0.10  
    Book Value per share   $ 13.61   $ 13.17     $ 12.43  
               
    BALANCE SHEET DATA          
    Assets   $ 704,564   $ 678,332     $ 565,881  
    Investments securities     26,385     25,777       13,432  
    Total loans, net of unearned income     597,846     571,817       443,203  
    Total deposits     626,165     601,219       492,169  
    Borrowings     26,721     26,697       27,090  
    Shareholders’ equity     47,667     46,009       42,526  
    Loan to Deposit ratio     95.48 %   95.11 %     90.05 %
    Wholesale Deposits to Total Deposits     8.90 %   10.10 %    
               
    AVERAGE BALANCE SHEET DATA          
    Average assets   $ 697,617   $ 660,748     $ 557,691  
    Average total loans, net of unearned income     589,037     549,340       434,999  
    Average total deposits     618,844     582,583       514,445  
    Average shareholders’ equity     47,256     46,117       43,247  
               
    ASSET QUALITY RATIOS          
    Net (charge-offs) recoveries   $ –   $ –     $ –  
    Net (charge-offs) recoveries to average loans     0.00 %   0.00 %     0.74 %
    Non-performing loans as a % of loans     0.40 %   0.46 %     0.07 %
    Non-performing assets as a % of assets     0.34 %   0.38 %     0.05 %
    Allowance for loan losses as a % of total loans     1.36 %   1.37 %     1.45 %
    Non-performing assets as a % of allowance for loan losses     29.60 %   33.27 %     4.66 %
               
    FINANCIAL RATIOSSTATISTICS          
    Annualized return on average equity     11.68 %   9.35 %     3.79 %
    Annualized return on average assets     0.79 %   0.65 %     0.29 %
    Net interest margin     4.12 %   3.97 %     3.68 %
    Efficiency ratio     67.59 %   71.17 %     79.91 %
               
    CAPITAL RATIOS          
    Tier 1 leverage ratio — Bank     10.57 %   10.90 %     12.18 %
    Common equity tier 1 ratio — Bank     10.47 %   10.71 %     12.49 %
    Tier 1 risk-based capital ratio — Bank     10.47 %   10.71 %     12.49 %
    Total risk-based capital ratio –Bank     11.65 %   11.90 %     13.69 %
               
    TCE/TA *     6.77 %   6.78 %     7.52 %
    Tangible Book Value per Share   $ 13.49   $ 13.20     $ 12.64  
               
    *Non-GAAP financial measure.          
    Unaudited financials 2025          
               

    Endeavor Bancorp Contact Information:  
    (858) 230.5185  
    Dan Yates, CEO  
    dyates@bankendeavor.com   
      
    (858) 230.4243  
    Steve Sefton, President  
    ssefton@bankendeavor.com

    The MIL Network –