Category: GlobeNewswire

MIL-OSI: 21/2025・Trifork Group: Shareholders approve all resolutions at the Annual General Meeting 2025
Source: GlobeNewswire (MIL-OSI)

Company announcement no. 21 / 2025
Schindellegi, Switzerland – 15 April 2025

Shareholders approve all resolutions at the Annual General Meeting 2025

The shareholders of Trifork Group AG (“Trifork“) today approved all resolutions proposed by the Board of Directors at Trifork’s Annual General Meeting 2025 (the “AGM“) which was held at Grabenstrasse 2, 6430 Baar, Switzerland.

Composition of the Board of Directors
The shareholders re-elected Julie Galbo as Chairperson of the Board of Directors and all other members standing for re-election for a term of one year. In addition, the shareholders elected Lars Stugemo as new member of the Board of Directors for a term of one year. The Board of Directors designated Maria Hjorth as Vice-Chairperson. Furthermore, the shareholders (re-)elected the following members of the Board of Directors to the Nomination and Remuneration Committee for one year: Julie Galbo, Maria Hjorth, and Lars Stugemo. The Board of Directors designated Maria Hjorth as Chairperson of this Committee.

Olivier Jaquet decided not to stand for re-election. On behalf of the Board of Directors, the Chairperson thanked him for his valuable contributions during his six terms of office.

Financial and non-financial reports
The AGM had to vote on Trifork’s financial and non-financial reports. In accordance with applicable laws and regulation, the ESG report was prepared compliant with EU’s Corporate Sustainability Reporting Directive (CSRD). This report, as well as the annual report with consolidated and separate financial statements, were approved.

Remuneration confirmed and prospectively approved
The shareholders approved the 2024 remuneration report in a consultative vote. Further, the shareholders approved the maximum aggregate amount of the remuneration for the Board of Directors from the AGM 2025 to the AGM 2026. Additionally, the shareholders approved the maximum aggregate amount of the fixed and variable remuneration for the members of the Executive Management for the financial year 2026.

Investor and media contact
Frederik Svanholm, Group Investment Director, frsv@trifork.com , +41 79 357 73 17

About Trifork
Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

Attachment
- CA_21_25_AGM results
The MIL Network –
April 16, 2025
MIL-OSI: AvePoint Launches Risk Posture Command Center to Improve Data Security Posture Management (DSPM) for Organizations Worldwide
Source: GlobeNewswire (MIL-OSI)

JERSEY CITY, N.J., April 15, 2025 (GLOBE NEWSWIRE) — AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced the launch of its Risk Posture Command Center within the AvePoint Confidence Platform, a single pane of glass to help organizations enhance their data security posture management (DSPM) with faster decision making and proactive risk mitigation. The Risk Posture Command Center adds to AvePoint’s growing repertoire of Command Centers available in the AvePoint Confidence Platform, all designed to provide business and IT leaders with the insights and recommended actions necessary to understand, manage, and mitigate potential vulnerabilities across their digital ecosystem.

Today’s organizations continue to struggle with fragmented views of their data landscape, navigating multiple dashboards and third-party tools to obtain critical components of DSPM including data security, cloud backup, policy management, insights, and operational intelligence. 86% of organizations cannot balance their data security needs with business objectives, and when it comes to using AI, 47% of IT leaders are either not very confident or have no confidence at all in their organization’s ability to manage security and access risks.

AvePoint’s Risk Posture Command Center eliminates this complexity, offering an intuitive interface that not only delivers immediate visibility into an organization’s risk posture, but also provides actionable recommendations. This powerful combination enables organizations to quickly understand their data landscape and take precise, informed actions to enhance data protection and security within the AvePoint Confidence Platform.

“For years, AvePoint has built engines to help our customers improve their risk postures, but now, with the AvePoint Risk Posture Command Center, we’re making that easier to see and act upon, within one single pane of glass,” said John Peluso, Chief Technology Officer, AvePoint. “As data complexity threatens to overwhelm even the most sophisticated teams, we’re providing a clear path forward, transforming potential data sprawl into a strategic advantage that drives innovation, reduces risk, and unlocks agility for every organization.”

The AvePoint Risk Posture Command Center arms organizations with:
- Early Threat Detection: Comprehensive ransomware detection capabilities.
- Protection at a Glance: A unified view of data protection status, with a centralized dashboard displaying backup health and identifying potential data oversharing risks.
- Compliance Confidence: Insights into potential compliance vulnerabilities.
- Data Intelligence in Action: A visual representation of the data landscape, to offer actionable intelligence for risk mitigation and next steps for enhanced data protection and security.
- Generated Recommended Insights: Information to take immediate action on vulnerabilities and security risks.
Released earlier this year, the AI Confidence Command Center was AvePoint’s first Command Center, helping organizations assess the security and success of their AI investments. Its features allow organizations to evaluate their overall adoption performance of Microsoft 365 Copilot and understand change management success from enablement to adoption, while also noting potential risk factors.

“AvePoint’s Command Centers are more than a technology solution – they are a strategic transformation engine. By breaking down the traditional silos between technical teams and business leadership, these dashboards create a universal language of data intelligence,” said John Hodges, Chief Product Officer, AvePoint. “What was once confined to IT departments can now drive board-level strategy, turning raw data into a powerful narrative of organizational health, risk management, and future potential.”

To learn more about the newly launched Risk Posture Command Center visit the AvePoint website.

About AvePoint:

Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint’s global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

Forward-Looking Statements:

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Annual Report on Form 10-K. Copies of this and other documents filed by AvePoint from time to time are available on the SEC’s website, www.sec.gov. This filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms “AvePoint,” “the Company,” “we,” “our” and “us” refer to AvePoint, Inc. and its subsidiaries.

Disclosure Information:

AvePoint uses the https://www.avepoint.com/ir website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Investor Contact
AvePoint
Jamie Arestia
ir@avepoint.com
(551) 220-5654

Media Contact
AvePoint
Nicole Caci
pr@avepoint.com
(201) 201-8143

The MIL Network –
April 16, 2025
MIL-OSI: Guaranteed Rate Affinity Names Bob Bachman Vice President of Mortgage Lending in Los Gatos, CA

Source: GlobeNewswire (MIL-OSI)

CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) — Guaranteed Rate Affinity (GRA), a leading mortgage provider offering unparalleled lending services through its partnership with Coldwell Banker, has appointed Bob Bachman as Vice President of Mortgage Lending in Los Gatos, California.

Bachman brings 23 years of mortgage industry experience to the role and has been a member of the President’s Council for the past decade. He chose to join Guaranteed Rate Affinity for its marketing and technology tools, which help loan officers stay engaged with past clients and maintain strong relationships with real estate professionals.

“Joining Guaranteed Rate Affinity was an easy decision,” said Bachman. “I’ve been in the mortgage space for over two decades now, and the culture at GRA is by far the best at enabling loan officers and industry agents to grow their businesses together, while making the mortgage process easier than ever for customers.”

“We look forward to Bob’s contributions to our team,” said Jim Anderson, Regional President of Guaranteed Rate Affinity. “He has built lasting relationships with clients and partners, and his experience will be valuable in serving borrowers throughout California.”

Bachman, recognized as one of the leading loan specialists in Los Gatos and Santa Clara County, has built a successful career dedicated to helping clients navigate the lending process with confidence. He holds a Bachelor of Science in Mechanical Engineering from the University of Washington, equipping him with a strong analytical and problem-solving mindset that he applies to his work in the financial and real estate sectors. Actively engaged in the real estate community, Bachman remains committed to staying informed and connected to better serve his clients. and has built his career in the San Jose area. Outside of work, he enjoys an active lifestyle that includes boxing, golfing, skiing, and various outdoor activities, continually seeking new challenges both professionally and personally.

About Guaranteed Rate Affinity

Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Anywhere Integrated Services (NYSE: HOUS), which owns some of the industry’s most recognized and respected real estate brands. The innovative JV has funded over $100 billion in loans since its inception. Guaranteed Rate Affinity originates and markets its mortgage lending services to Anywhere’s real estate, brokerage, and relocation subsidiaries.

Guaranteed Rate Affinity provides unmatched support to Anywhere brokers coast-to-coast, ensuring their customers receive fast pre-approvals, appraisals, and loan closings, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The company also provides the same services to the public and other real estate brokerage and relocation companies across the country—helping employers improve their employees’ relocation experience by prioritizing customer service, digital mortgage ease, and competitive rates.

Guaranteed Rate owns a controlling 50.1% stake in Guaranteed Rate Affinity, and Anywhere owns 49.9%. Visit grarate.com for more information.

Media Contact:
press@rate.com

The MIL Network –

April 16, 2025
MIL-OSI: Nerdio Accelerates Microsoft 365 Management for Modern MSPs with Launch of Nerdio Manager for MSP 6.0
Source: GlobeNewswire (MIL-OSI)

CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) — Nerdio, the automated End-User Computing (EUC) platform transforming how organizations deply and manage Microsoft cloud technologies, today announced the launch of Nerdio Manager for MSP 6.0, significantly enhancing the platform’s capabilities for managing Microsoft 365. This update reinforces Nerdio Manager’s status as the most comprehensive cloud management tool for MSPs. In addition, NMM 6.0 signifies Nerdio’s continuing evolution beyond Azure Virtual Desktop (AVD) automation, bringing Microsoft 365 management to the forefront of the platform.

The latest enhancements make it easier for MSPs to optimize, secure, and streamline both Microsoft 365 and AVD environments. With NMM 6.0, MSPs can:
- Reduce operational complexity and manual intervention.
- Deliver better end-user experiences with streamlined Microsoft 365 management.
- Improve security and compliance with expanded CIS, Azure Government, and GCC high support.
- Boost efficiency with enhanced automation, tenant monitoring, and professional services automation (PSA) integration.
NMM 6.0 delivers the most comprehensive and streamlined management experience for Microsoft 365 and AVD in the industry. Remote Monitoring and Management solutions and other piecemeal tools typically focus on endpoint management and address Microsoft 365 and AVD separately. Nerdio Manager instead supports both in a single platform, reducing tool fatigue and inefficiency. Furthermore, NMM’s automation and UI enhancements simplify workflows and reduce operational complexity, unlike traditional Microsoft admin tools.

“Today’s MSPs support their SMB customers with a lot more than just Azure Virtual Desktop. In the past, they’ve relied on a disparate mix of tools to manage Microsoft 365 and AVD, which has proven to be a costly and cumbersome process,” said Vadim Vladimirskiy, CEO and Co-founder of Nerdio. “Nerdio has evolved alongside MSPs to offer a better alternative, expanding NMM to support both Microsoft 365 and AVD seamlessly in a single package. Unlike other solutions, Nerdio Manager for MSP is purpose-built for MSPs, with multi-tenant management, automation, and security best practices baked in.”

NMM 6.0 equips MSPs with over 10 new capabilities for managing Microsoft 365 and Azure Virtual Desktop ecosystems. Leading features include:
- Auto-Scale Profiles allows MSPs to define multiple scaling profiles based on time, workload, or user demand, ensuring resources scale dynamically to meet customer needs.
- Tenant Monitoring provides real-time insights into Microsoft 365 and AVD environments, including performance metrics and alerts. This gives MSPs proactive issue management and data-driven decision-making for better service delivery.
- Azure Government Support enables compliance with government cloud regulations and security frameworks, opening new opportunities to serve government agencies and highly regulated industries.
- Early Access to New UI provides a refreshed and more intuitive user interface with streamlined navigation, improving efficiency for MSP admins while reducing time spent on platform navigation and setup.
- Application Discovery for Images automates application inventory discovery within images, reducing the need for manual tracking. This saves time, prevents deployment errors, and ensures accurate image creation.
“This latest release offers a massive leap forward for modern MSPs that see their clients’ Microsoft 365 deployments expand rapidly. Nerdio Manager for MSP 6.0 introduces a variety of automation, security, and troubleshooting features that help simplify, optimize, and safeguard Microsoft 365 and Azure Virtual Desktop environments,” said Amol Dalvi, Vice President of Product & Engineering at Nerdio. “NMM 6.0’s innovative auto-scale profiles and application discovery tools make automation easy to implement and manage. Meanwhile, expanded CIS coverage and Azure Government support help MSPs ensure that Microsoft 365 and AVD deployments meet the latest security standards with minimal effort.”

For more information, please visit Nerdio Manager for MSP.

About Nerdio

Nerdio is a leading provider of powerful, simplified cloud management solutions for businesses of all sizes. Trusted by enterprise IT departments and managed service providers (MSPs) alike, Nerdio equips organizations with seamless, cost-effective management tools for Azure Virtual Desktop (AVD), Windows 365, and comprehensive Modern Work solutions.

With thousands of customers worldwide, Nerdio accelerates cloud adoption, enabling companies to thrive in an era of hybrid work by providing modern, future-proof technology that adapts to evolving workplace needs.

For more information, please visit www.getnerdio.com.

The MIL Network –
April 16, 2025
MIL-OSI: Zero Hash Powered $2 Billion+ in Tokenized Fund Flows within the Last Four Months

Source: GlobeNewswire (MIL-OSI)

CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) — Zero Hash, the leading infrastructure for stablecoins and crypto, today announced it powered more than $2 billion in tokenized fund flows within the last four months – fueling the rise of on-chain capital markets.

As adoption of tokenized funds accelerates, Zero Hash has emerged as a core enabler of the on-chain markets ecosystem. Its infrastructure underpins the payment rails for tokenized funds, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) in partnership with Securitize, as well as Franklin Templeton’s BENJI Token and the Hamilton Lane Private Infrastructure Fund (HLPIF) in partnership with Republic. Zero Hash facilitates compliant, real-time, 24/7/365 funding across seven stablecoins, underpinned by 22 blockchains.

Tokenization has the potential to fundamentally reshape financial markets by enabling instant, always-on settlement. Traditional payment systems, however, aren’t designed to support this level of availability and remain a bottleneck. Stablecoins unlock the true utility of tokenized assets, including stable instruments, enabling them to move as flexibly as the blockchain allows. Zero Hash payment rails are an essential tool for institutions looking to unlock blockchain technology and enable completely on-chain transactions, from asset origination to redemption, without having to manage the complexities of accepting stablecoins.

In his annual Letter to Investors, BlackRock Chairman and CEO Larry Fink wrote, “Every stock, every bond, every fund – every asset – can be tokenized. If they are, it will revolutionize investing. Markets wouldn’t need to close. Transactions that currently take days would clear in seconds. And billions of dollars currently immobilized by settlement delays could be reinvested immediately back into the economy, generating more growth.” This vision is already in motion – and Zero Hash is powering the payment rails underpinning tokenized assets.

“Tokenized finance is no longer theoretical. Institutions are deploying real capital to tokenization and need the payment infrastructure to match,” said Edward Woodford, CEO and Founder of Zero Hash. “Our rails enable fully on-chain transactions end-to-end, real-time, 24/7/365. Zero Hash abstracts the blockchain complexity and meets the regulatory standards required by the largest financial firms.”

Zero Hash’s infrastructure is trusted by global businesses that require enterprise-grade stablecoin payment rails. This is because Zero Hash addresses two of the most pressing barriers to institutional adoption: regulatory compliance around source-of-funds transparency and technical complexity. Zero Hash’s abstracts away the complexity of multi-chain, multi-stable operations – allowing issuers to operate with the simplicity of account-to-account transfers, while their infrastructure handles the complexities behind the scenes.

In less than four months, Zero Hash has facilitated over $2 billion in tokenized funding through partners including Securitize, Franklin Templeton, and Republic. The broader market reflects that momentum. The tokenized real-world asset (RWA) market grew ~85% year-over-year to hit $15.2 billion by the end of 2024. In the first quarter of 2025, another $5.44 billion was added – bringing total RWA value on-chain to $20.64 billion, as of April 11th (Source: rwa.xyz). Zero Hash’s on-ramped approximately 35% of all on-chain RWAs in Q1, solidifying its position as a foundational layer in the evolving capital markets stack.

As institutional adoption deepens, Zero Hash continues to serve as the stablecoin infrastructure partner of choice for asset managers and platforms driving the future of financial services.

About Zero Hash
Zero Hash is the leading infrastructure provider for crypto, stablecoin, and tokenized asset settlement. Its embeddable, API-first platform enables regulated money movement across fiat, crypto, and stable instruments. Clients use Zero Hash to build solutions for cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets, on/off-ramps, and more.

Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

Zero Hash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company.

Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.

Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).

Media Contact:
Zero Hash
Shaun O’Keeffe
(855) 744-7333
media@zerohash.com

The MIL Network –

April 16, 2025

MIL-OSI: White River Bancshares Co. Reports Net Income of $2.63 million, or $1.07 Per Diluted Share, for the First Quarter of 2025

Source: GlobeNewswire (MIL-OSI)

FAYETTEVILLE, Ark., April 15, 2025 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased to $2.63 million, or $1.07 per diluted share, in the first quarter of 2025, compared to $509,000, or $0.26 per diluted share, in the first quarter of 2024. The Company reported net income of $1.83 million, or $0.75 per diluted share, for the prior quarter. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split effected September 4, 2024.

“Thanks to a solid start to the year, we produced the strongest first quarter earnings in our Bank’s history,” said Gary Head, Chairman and CEO. “Loan portfolio growth contributed to an increase in net interest income compared to the first quarter of 2024. This is exactly the kind of excitement I’ve been ‘banking on’ as we head into the second quarter and celebrate the Bank’s 20 year anniversary. I am confident in our team’s capability and enthusiasm to build upon this momentum for the rest of the year.”

“Expanding our deposit base to fund new loan growth remains our top priority, and also our biggest challenge as a community bank,” said Scott Sandlin, Chief Strategy Officer. “The Company has made deposit gathering the primary focus and our team has done an excellent job of expanding existing client relationships as well as attracting new customers to the Bank. As a result, total deposits increased 9.9% during the first quarter of 2025 and 18.9% year-over-year. At quarter end, demand and non-interest bearing accounts represented 19.3% of total deposits, and savings and interest-bearing transaction accounts represented 38.0% of total deposits. We will continue to look for additional opportunities for growing deposits in the year ahead to keep up with loan demand.”

First Quarter 2025 Financial Highlights:

Net income for the first quarter of 2025 increased to $2.63 million, or $1.07 per diluted share, compared to $509,000, or $0.26 per diluted share, in the first quarter of 2024.
Net interest income increased 32.0% to $10.6 million in the first quarter of 2025, compared to $8.0 million in the first quarter of 2024.
Net interest margin (“NIM”) increased 42 basis points to 3.39% in the first quarter of 2025, compared to 2.97% in the first quarter of 2024.
The Company recorded a $670,000 provision for credit losses in the first quarter of 2025, compared to a $550,000 provision in the fourth quarter of 2024, and a $648,000 provision in the first quarter of 2024.
Net loans increased 16.3% to $1.128 billion at March 31, 2025, compared to $969.7 million at March 31, 2024.
Nonperforming loans totaled $420,000, or 0.04% of total loans at March 31, 2025, compared to 0.18% a year ago.
Total deposits increased $190.7 million, or 18.9%, year-over-year, to $1.201 billion at March 31, 2025, compared to $1.010 billion at March 31, 2024.
Core deposits (demand and non-interest-bearing, and savings and interest-bearing transaction accounts, and CDs under $250,000) represent 70.25% of total deposits at March 31, 2025.
Total risk-based capital ratio estimates of 12.30%, Tier 1 ratio of 11.05%, and Leverage ratio of 9.35% for the Bank at March 31, 2025.
Tangible book value per common share was $40.33 at March 31, 2025, compared to $39.05 a year ago.

Income Statement

In the first quarter of 2025, the Company generated a return on average assets of 0.79% and a return on average equity of 10.64%, compared to 0.58% and 7.34%, respectively, in the fourth quarter of 2024 and 0.18% and 2.52%, respectively, in the first quarter of 2024.

“Our strong loan growth and higher yields on interest earning assets contributed to the four basis point NIM expansion during the first quarter of 2025 compared to the prior quarter and the 42 basis point increase compared to the year ago quarter,” said Brant Ward, President. NIM was 3.39% in the first quarter of 2025, compared to 3.35% in the fourth quarter of 2024, and 2.97% in the first quarter of 2024.

Net interest income increased 32.0% to $10.6 million in the first quarter of 2025, compared to $8.0 million in the first quarter of 2024. The increase was primarily due to year-over-year loan growth. Total interest income increased 23.6% to $19.8 million in the first quarter of 2025, compared to $16.0 million in the first quarter of 2024, primarily attributable to increased loans. Total interest expense increased to $9.2 million in the first quarter of 2025, from $8.0 million in the first quarter of 2024, primarily due to an increase in deposit costs.

Noninterest income increased 22.7% to $1.9 million in the first quarter of 2025, compared to $1.6 million in the first quarter of 2024. The increase was primarily due to a $172,000 increase in wealth management fee income, the largest component of noninterest income, and a $72,000 increase in secondary market fee income during the first quarter of 2025.

Noninterest expense was $8.4 million in the first quarter of 2025, compared to $8.3 million in the first quarter of 2024, as expenses have normalized following the investment in expanding the Company’s market presence over the past few years.

Balance Sheet

Total assets increased 17.2% to $1.379 billion at March 31, 2025, from $1.177 billion at March 31, 2024, and increased 7.0% compared to $1.290 billion at December 31, 2024. Cash and cash equivalents totaled $48.4 million at March 31, 2025, compared to $33.4 million a year ago. Investment securities totaled $135.0 million at March 31, 2025, an increase from $113.0 million at March 31, 2024.

Loans, net of allowance for credit losses, increased 16.3% to $1.128 billion at March 31, 2025, compared to $969.7 million at March 31, 2024, and increased 6.0% compared to $1.064 billion at December 31, 2024.

Total deposits increased 18.9% to $1.201 billion at March 31, 2025, compared to $1.010 billion at March 31, 2024, and increased 9.9% compared to $1.093 billion at December 31, 2024. Demand and non-interest-bearing deposits decreased less than 1% compared to March 31, 2024 while savings and interest-bearing transaction accounts increased 34.7% compared to March 31, 2024.

FHLB advances were $21.6 million at March 31, 2025, compared to $36.9 million at March 31, 2024, and $43.7 million at December 31, 2024. Total stockholders’ equity increased to $100.5 million at March 31, 2025, compared to $79.4 million at March 31, 2024, and $96.6 million at December 31, 2024. Tangible book value per common share was $40.33 at March 31, 2025, compared to $39.05 at March 31, 2024, and $38.74 at December 31, 2024.

Credit Quality

Due to strong quarterly loan growth, the Company recorded a $670,000 provision for credit losses in the first quarter of 2025. This is compared to a $550,000 provision for credit losses in the fourth quarter of 2024, and a $648,000 provision for credit losses in the first quarter of 2024.

There were $420,000 in nonperforming loans at March 31, 2025. This compared to $55,000 in nonperforming loans at December 31, 2024, and $1.7 million in nonperforming loans at March 31, 2024. Nonperforming loans represented 0.04% of total loans on March 31, 2025, 0.01% of total loans on December 31, 2024, and 0.18% of total loans a year ago.

“We continue to take a prudent approach to building our allowance for credit losses by monitoring our portfolio mix and evaluating loan growth and local and national economic conditions to maintain what we believe to be an appropriate allowance,” said Jeff Maland, Chief Risk Officer. The allowance for credit losses was $13.3 million, or 1.17% of total loans, at March 31, 2025, compared to $12.8 million, or 1.19% of total loans, at December 31, 2024, and $12.1 million, or 1.23% of total loans, at March 31, 2024.

Net loan charge-offs were $137,000 in the first quarter of 2025. This compared to net loan recoveries of $106,000 in the fourth quarter of 2024, and net loan recoveries of $21,000 in the first quarter of 2024.

Capital

The Bank’s capital ratios continued to exceed regulatory “well-capitalized” requirements, with a Total risk-based capital ratio estimate of 12.30%, a Tier 1 ratio of 11.05%, and a Leverage ratio of 9.35% for the Bank at March 31, 2025.

About White River Bancshares Company

White River Bancshares Company is the single bank holding company for Signature Bank of Arkansas, headquartered in Fayetteville, Arkansas. The Bank has locations in Fayetteville, Springdale, Bentonville, Rogers, Brinkley, Harrison and Jonesboro, Arkansas. Founded in 2005, Signature Bank of Arkansas provides a full line of financial services to small businesses, families and farms. White River Bancshares Company (OTCQX: WRIV), trades on the OTCQX^® Best Market.

White River Bancshares Company and Signature Bank of Arkansas will celebrate its 20-year anniversary in May 2025.

About the Region

White River Bancshares Company is headquartered in thriving Northwest Arkansas in the Fayetteville-Springdale-Rogers MSA. The region is home to the corporate headquarters for Walmart Stores Inc, Sam’s Club, Tyson Foods, Simmons Foods, and J.B. Hunt Transport. Hundreds of other market-leading companies including Procter & Gamble, Johnson & Johnson, Coca-Cola and Rubbermaid maintain offices in the region in order to maintain their relationships with the locally based Fortune 500 companies. Northwest Arkansas is also home to the state’s flagship public educational institution, The University of Arkansas, and its Sam M. Walton College of Business. The region has seen significant growth in its medical and arts infrastructures with the continued expansion of Washington Regional Medical System, Northwest Medical System, Mercy Health System of Northwest Arkansas and Arkansas Children’s Hospital Northwest. Crystal Bridges Museum of American Art and the Walton Arts Center have led the expansion of the arts. Northwest Arkansas has been repeatedly recognized in recent years as one of the best places to live in the country and remains one of the nation’s fastest-growing regions. In May 2024, Walmart issued a relocation mandate requiring most of its remote employees, as well as most of its office workers in Dallas, Atlanta and Toronto to move to, in most cases, Bentonville by November 1, 2024. While the company did not disclose a number, Bloomberg reported that the number of Walmart employees who would be moving to Bentonville would be in the thousands. Walmart is making a major investment in its hometown facilities, building a new, 350-acre headquarters campus, including walking and biking trails, a hotel, fitness facilities and a large childcare center.

The Company has expanded eastward, with new markets in Jonesboro and Harrison. Jonesboro, located in Craighead County, is a city located on Crowley’s Ridge in the northeastern corner of Arkansas. It is the home of Arkansas State University and the cultural and economic center of Northeast Arkansas. Jonesboro also houses the region’s hospital network. U.S. Steel Corp. announced that it would locate a new $3 billion steel factory in Northeast Arkansas in Osceola, a move expected to create 900 jobs with an average pay over $100,000 annually, making it the largest capital investment project in Arkansas history. Harrison sits below Branson, Missouri, which is a family tourist destination and outdoor recreation, and is well known as an entertainment destination.

The Company currently operates out of ten locations; three in Washington County; three in Benton County; two in Monroe County; one in Boone County; and one in Craighead County.

The housing market in Washington and Benton counties remains robust. According to the Northwest Arkansas Board of Realtors, the average home in Washington County sold for $390,000 in February 2025, with an average of 103 days on the market. For Benton County, the average house sold for $446,000, with an average of 108 days on the market.

Source:
http://www.nwarealtors.org/market-statistics/

Forward Looking Statements

This press release contains statements about future events. These forward-looking statements, which are based on certain assumptions of management of the Company and the Bank and describe our future plans, strategies and expectations, can generally be identified by use of forward-looking terminology such as “may,” “will,” “believe,” “plan,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or the negative of those terms. Our ability to predict results of future events and the actual effect of future plans or strategies are inherently uncertain, and actual results may differ materially from those predicted in such forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects or that could affect the outcome of such forward-looking statements include, but are not limited to, changes in interest rates; the economic health of the local real estate market; general economic conditions; credit deterioration in our loan portfolio that would cause us to increase our allowance for loan losses; legislative or regulatory changes; technological developments; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of our loan and securities portfolios; demand for loan products in our market areas; deposit flows and costs of capital; competition; retention and recruitment of qualified personnel; demand for financial services in our market areas; and changes in accounting principles, policies, and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically declines any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Contact:		Scott Sandlin, Chief Strategy Officer
		479-684-3754

WHITE RIVER BANCSHARES COMPANY
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)

		For the Three Months Ended
		March 31,		December 31,		March 31,
		2025		2024		2024

INTEREST INCOME
Loans, including fees		$	18,315,006	$	17,118,955	$	14,994,922
Investment securities			1,258,571		1,300,977		929,040
Federal funds sold and other			232,978		262,856		96,154
Total interest income			19,806,555		18,682,788		16,020,116

INTEREST EXPENSE
Deposits			8,312,455		7,963,925		6,984,793
Federal Home Loan Bank advances			393,057		300,137		520,319
Notes payable			475,425		396,899		398,017
Federal funds purchased and other			13,022		4,101		78,260
Total interest expense			9,193,959		8,665,062		7,981,389
NET INTEREST INCOME			10,612,596		10,017,726		8,038,727
Provision for credit losses			670,000		550,000		648,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES			9,942,596		9,467,726		7,390,727

NON-INTEREST INCOME
Service charges and fees on deposits			171,186		182,870		150,349
Wealth management fee income			1,017,829		1,035,160		845,506
Secondary market fee income			128,824		196,277		57,064
Bank owned-life insurance income			80,603		82,171		79,881
Gain on sales and write-downs of foreclosed assets			–		11,085		1,050
Other			544,141		535,284		449,255
TOTAL NON-INTEREST INCOME			1,942,583		2,042,847		1,583,105

NON-INTEREST EXPENSE
Salaries and benefits			4,931,692		5,226,075		4,999,533
Occupancy and equipment			1,145,101		1,130,174		928,124
Data processing			858,115		806,411		790,569
Marketing and business development			397,137		518,628		463,697
Professional services			650,708		660,860		669,867
Amortization of other intangible assets			53,036		53,032		53,036
Other			393,498		445,998		403,836
TOTAL NON-INTEREST EXPENSE			8,429,287		8,841,178		8,308,662

Income before income taxes			3,455,892		2,669,395		665,170
Income tax provision			826,085		834,444		155,942
NET INCOME		$	2,629,807	$	1,834,951	$	509,228

EARNINGS PER SHARE
Basic (1)		$	1.07	$	0.75	$	0.26
Diluted (1)		$	1.07	$	0.75	$	0.26

	(1)	Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.

WHITE RIVER BANCSHARES COMPANY
CONSOLIDATED BALANCE SHEETS
(Unaudited)

			March 31, 2025			December 31, 2024			March 31, 2024

ASSETS
Cash and cash equivalents			$	48,360,156		$	22,149,012		$	33,147,221
Investment securities				134,968,153			133,228,210			113,033,028
Loans held for sale				874,009			1,117,750			696,271
Loans				1,141,369,199			1,076,674,377			981,829,042
Allowance for credit losses				(13,347,855	)		(12,814,824	)		(12,113,099	)
Net loans				1,128,021,344			1,063,859,553			969,715,943
Premises and equipment, net				35,647,835			36,335,828			29,442,303
Foreclosed assets held for sale				310,406			310,406			640,574
Accrued interest receivable				6,629,881			6,035,084			4,966,665
Bank owned life insurance				9,859,911			9,779,307			9,534,373
Deferred income taxes				4,220,559			4,390,227			4,888,369
Other investments				6,782,614			8,421,651			7,548,338
Intangible assets, net				1,750,204			1,803,240			1,962,350
Other assets				1,825,830			2,080,346			1,323,255
TOTAL ASSETS			$	1,379,250,902		$	1,289,510,614		$	1,176,898,690

LIABILITIES & STOCKHOLDERS’ EQUITY
Deposits:
Demand and non-interest-bearing			$	231,331,391		$	214,838,920		$	233,082,292
Savings and interest-bearing transaction accounts				456,733,576			429,293,348			339,042,365
Time deposits				512,882,444			448,909,115			438,110,170
Total deposits				1,200,947,411			1,093,041,383			1,010,234,827
Federal Home Loan Bank advances				21,593,143			43,667,559			36,887,028
Notes payable				26,141,832			26,124,556			26,337,909
Operating lease liability				20,029,714			20,851,721			16,128,536
Reserve for losses on unfunded commitments				1,478,000			1,478,000			1,433,000
Accrued interest payable				2,731,699			2,838,298			2,635,771
Other liabilities				5,798,159			4,919,715			3,868,383
TOTAL LIABILITIES				1,278,719,958			1,192,921,232			1,097,525,454

Stockholders’ equity:
Common stock (1)				24,882			24,854			20,162
Surplus (1)				102,784,831			102,679,096			90,538,459
Retained earnings (accumulated deficit)				4,714,375			2,084,568			(3,115,687	)
Treasury stock, at cost				(1,265,731	)		(1,265,715	)		(1,119,100	)
Accumulated other comprehensive loss				(5,727,413	)		(6,933,421	)		(6,950,598	)
TOTAL STOCKHOLDERS’ EQUITY				100,530,944			96,589,382			79,373,236

	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$	1,379,250,902		$	1,289,510,614		$	1,176,898,690

		(1)	Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.

WHITE RIVER BANCSHARES COMPANY
SUPPLEMENTAL INFORMATION

		(Unaudited)
		Three Months Ended
		March 31,			December 31,			March 31,
		2025			2024			2024

FOR THE PERIOD
Net income		$	2,629,807		$	1,834,951		$	509,228
Net income before taxes			3,455,892			2,669,395			665,170
Dividends declared per share (1)			–			–			–


PERIOD END BALANCE
Total assets		$	1,379,250,902		$	1,289,510,614		$	1,176,898,690
Total investments			134,968,153			133,228,210			113,033,028
Total loans, net			1,128,021,344			1,063,859,553			969,715,943
Allowance for credit losses			(13,347,855	)		(12,814,824	)		(12,113,099	)
Total deposits			1,200,947,411			1,093,041,383			1,010,234,827
Stockholders’ equity			100,530,944			96,589,382			79,373,236


RATIO ANALYSIS
Return on average assets (annualized)			0.79	%		0.58	%		0.18	%
Return on average equity (annualized)			10.64	%		7.34	%		2.52	%
Net loans/Deposits			93.93	%		97.33	%		95.99	%
Total Stockholders’ Equity/Total assets			7.29	%		7.49	%		6.74	%
Net loan losses/Total loans			0.01	%		-0.01	%		-0.00	%
Uninsured & unpledged deposits			31.00	%		31.78	%		30.22	%


PER SHARE DATA
Shares oustanding (1)			2,449,317			2,446,563			1,982,630
Weighted average shares outstanding (1)			2,446,747			2,446,241			1,983,378
Diluted weighted average shares outstanding (1)			2,451,161			2,446,471			1,983,378
Basic earnings (1)		$	1.07		$	0.75		$	0.26
Diluted earnings (1)			1.07			0.75			0.26
Book value (1)			41.04			39.48			40.03
Tangible book value (1)			40.33			38.74			39.05


ASSET QUALITY
Net (recoveries) charge-offs		$	136,970		$	(106,340	)	$	(21,195	)
Classified assets			853,745			494,828			2,657,273
Nonperforming loans			419,985			55,132			1,718,805
Nonperforming assets			730,391			365,538			2,359,378
Total nonperforming loans/Total loans			0.04	%		0.01	%		0.18	%
Total nonperforming loans/Total assets			0.03	%		0.00	%		0.15	%
Total nonperforming assets/Total assets			0.05	%		0.03	%		0.20	%
Allowance for credit losses/Total loans			1.17	%		1.19	%		1.23	%


	(1)	Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.

WHITE RIVER BANCSHARES COMPANY
INTEREST INCOME AND EXPENSE
(Unaudited)

		Three Months Ended
		March 31,						December 31,						March 31,
		2025						2024						2024
		Average				Average		Average				Average		Average				Average
		Balance		Interest		Yield/Rate		Balance		Interest		Yield/Rate		Balance		Interest		Yield/Rate

Interest-earning assets:
Federal funds sold and other		$	23,287,989	$	232,978	4.06	%	$	20,998,114	$	262,856	4.98	%	$	8,343,674	$	96,154	4.63	%
Investment securities available-for-sale (1)			133,405,472		1,208,821	3.67	%		132,386,055		1,150,282	3.46	%		114,440,538		900,886	3.17	%
Loans receivable			1,106,648,533		18,315,006	6.71	%		1,018,919,798		17,118,955	6.68	%		960,808,253		14,994,922	6.28	%
Total interest-earning assets			1,263,341,994	$	19,756,805	6.34	%		1,172,303,967	$	18,532,093	6.29	%		1,083,592,465	$	15,991,962	5.94	%
Noninterest-earning assets			81,821,189						81,203,717						70,720,928
Total assets		$	1,345,163,183					$	1,253,507,684					$	1,154,313,393
Interest-bearing liabilities:
Interest-bearing deposits		$	937,669,969	$	8,312,455	3.60	%	$	847,808,178	$	7,963,925	3.74	%	$	762,899,599	$	6,984,793	3.68	%
FHLB advances and federal funds purchased			36,654,930		406,079	4.49	%		28,097,088		304,238	4.31	%		50,749,219		598,579	4.74	%
Notes payable			26,131,761		475,425	7.38	%		26,118,547		396,899	6.05	%		25,489,325		398,017	6.28	%
Total interest-bearing liabilities			1,000,456,660	$	9,193,959	3.73	%		902,023,813	$	8,665,062	3.82	%		839,138,143	$	7,981,389	3.83	%
Noninterest-bearing liabilities			244,466,979						252,089,008						233,847,965
Total liabilities			1,244,923,639						1,154,112,821						1,072,986,108
Stockholders’ equity			100,239,544						99,394,863						81,327,285
Total liabilities and stockholders’ equity		$	1,345,163,183					$	1,253,507,684					$	1,154,313,393
Net interest-earning assets		$	262,885,334					$	270,280,154					$	244,454,322
Net interest spread				$	10,562,846	2.62	%			$	9,867,031	2.47	%			$	8,010,573	2.11	%
Net interest margin						3.39	%					3.35	%					2.97	%

	(1)	Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).

The MIL Network –

April 16, 2025

MIL-OSI: Roth Canada Opens Calgary Office, Bolsters Energy and Sustainability Practice with Senior Investment Banking and Research Hires

Source: GlobeNewswire (MIL-OSI)

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — via IBN — Roth Canada, Inc. (Roth Canada), the Canadian affiliate of Roth Capital Partners LLC, (collectively “ROTH”), announces today the expansion of its Energy and Sustainability teams with the addition of Tony Loria as Managing Director, Co-Head Investment Banking; Matt Halasz as Managing Director, Investment Banking; and Zain Sadek as Analyst, Investment Banking. In addition, Roth Canada has added Jamie Somerville and Christopher True as Managing Directors, Senior Research Analysts, to its Calgary office. These strategic additions reinforce our commitment to supporting Canadian growth equity companies with full-service investment banking capabilities, access to international investors, and providing institutional clients with research-driven ideas.

Ted Roth, Vice-Chairman of ROTH and CEO of Roth Canada, noted, “ROTH has a track record of over 30 years supporting growth-stage companies across many sectors and is a leading underwriter in the small and mid-cap space. Our Energy and Sustainability practices have been core to our business, supported not only by our banking, research, and sales capabilities in the United States, but also by our international distribution and leading corporate access activities. We are committed to leveraging this platform in support of Canadian issuers, investors, and stakeholders.”

Additions to Roth Canada’s Investment Banking:

Tony Loria has joined Roth Canada as Managing Director, Co-Head Investment Banking, bringing over 25 years of experience in the industry. Throughout his career, he has built and managed multiple banking franchises while advising a global client base on corporate finance, M&A, strategy, and innovation. Based in Calgary, Alberta, Tony specializes in the upstream small and mid-cap Energy sector and has led multiple investment banking franchises, including Genuity, Canaccord Genuity, Dundee Securities, and Eight Capital. At Eight Capital, he played a pivotal role in expanding the firm’s presence in the Sustainability and New Energy sectors, establishing it as a cornerstone asset.

Matt Halasz has joined Roth Canada as Managing Director, Investment Banking, bringing nearly 15 years of experience in the investment banking industry. Known for his leadership, strategic thinking, and financial expertise, Matt oversees key client relationships and leads complex financial transactions across the oil & gas, energy, and sustainability sectors. Before joining Roth Canada, he worked at several leading full-service, independent investment dealers, gaining a deep understanding of capital markets.

Zain Sadek has joined Roth Canada as Analyst, Investment Banking, bringing three years of experience in strategic and financial advisory services. Previously, he worked as an investment banker at a prominent independent Canadian investment bank, where he supported clients in the Energy and Sustainability sectors. Before that, Zain served as a management consultant at a leading global advisory firm.

Additions to Roth Canada’s Research Team:

Jamie Somerville has joined Roth Canada as Managing Director, Senior Research Analyst. Jamie has over 20 years of energy finance experience. He was most recently an equity research analyst at Eight Capital, and was previously at TD Securities from 2010-2015, and at Genuity Capital Markets from 2006-2010, where he was a Brendan Woods-ranked and StarMine award-winning analyst. He has also worked in executive and senior management positions for multiple publicly listed oil and gas companies.

Christopher True has joined Roth Canada as Managing Director, Senior Research Analyst. Christopher has 6 years of sell-side equity research experience covering energy stocks for Eight Capital and CIBC World Markets. Before that, Christopher worked in the acquisitions and growth group at a leading Canadian oil and gas royalty company. Christopher graduated from the University of Calgary with a Bachelor of Commerce from the Haskayne School of Business.

“It is with a great deal of excitement that we announce the opening of our Calgary office, and the addition of Tony, Matt, Zain, Jamie, and Christopher,” said Brady Fletcher, President of Roth Canada. “We launched in Canada to support Canadian companies providing strategic advisory and access to capital by leveraging ROTH. Having top talent like Tony and his team recognize that opportunity continues to demonstrate the demand for our platform, and access to a differentiated network of investors, in the Canadian market.”

About Roth Canada, Inc.

Roth Canada, Inc. is a Canadian CIRO-regulated Dealer Member focused on serving emerging Canadian growth companies and their investors. Roth Canada is headquartered in Toronto and maintains offices in Calgary and Vancouver. For more information on Roth Canada, please visit www.rothcanada.ca.

Investor Contact:

Roth Canada, Inc.
Brady Fletcher
President
bfletcher@rothcanada.ca

ROTH – Member FINRA/SIPC – www.roth.com
Roth Canada – Member CIRO/CIPF – www.rothcanada.ca

Media Contact:

IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

The MIL Network –

April 16, 2025
MIL-OSI: Broadcom Introduces Industry’s First Incident Prediction Capability to Stop Living-Off-The-Land Attacks
Source: GlobeNewswire (MIL-OSI)

PALO ALTO, Calif., April 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) today announced Incident Prediction, an industry-first security capability that extends Adaptive Protection, a unique feature of Symantec Endpoint Security Complete (SES-C), by leveraging AI to identify and disrupt living-off-the land (LOTL) attacks and other cyberthreats.

Trained on a catalog of over 500,000 real-world attack chains built by the world-class Symantec Threat Hunter Team, Incident Prediction puts the advantage back in defenders’ hands by: predicting attackers’ behaviors, preventing their next move in the attack chain even when they’re using legitimate software, and then quickly returning the enterprise to its normal state. With Incident Prediction, SES-C delivers exceptional cyber resilience against motivated adversaries.

“The inspiration for Incident Prediction came from how GenAI can ‘predict’ the next word when generating text,” said Eric Chien, Fellow, Symantec Threat Hunter Team, Broadcom. “By leveraging our extensive attack chain repository and threat intelligence using advanced AI and ML, Incident Prediction can predict the next four or five possible moves attackers will make in a customer’s environment, disrupt them, and then revert to normalcy right away. As a result, security analysts no longer need to triage the event to figure out mitigation strategies; Incident Prediction does that automatically for them.”

With Incident Prediction, SOC analysts and other security professionals can:
- Automate mitigation and disrupt attackers: Automatically identify the next steps that a specific attacker will most likely take based on past attack patterns. It then applies mitigation policies to block those predicted actions, disrupting most attacker’s progress before they can reach their end goal of encrypting data or exfiltrating information.
- Reduce burden on SOC analysts: Eliminate the need for SOC analysts to manually triage alerts, analyze attack sequences and determine mitigation strategies. It handles this automatically, freeing up analysts to focus on other security priorities.
- Avoid business impact: Incident Prediction provides specific granular attacker behaviors to block limiting impact to normal business processes. Common day, but crude mitigation measures, which disrupt business such as quarantining machines, shutting down the network, removing user access, or reimaging machines are largely unnecessary.
- Reduce attack surface: Enhancing Symantec Adaptive Protection, which identifies and recommends blocking low-prevalence applications and behaviors to proactively shrink the attack surface. It helps close the “doors” to attackers and their common attack techniques.
The use of legitimate software by cybercriminals, the approach used in LOTL attacks, is on the rise. According to “Ransomware 2025: A Resilient and Persistent Threat,” a new report by the Symantec Threat Hunter Team, LOTL attacks are used by nearly all ransomware actors. Nation-state actors also use them to conduct surveillance or exfiltrate data. And large organizations are not the only victims – mid-market businesses increasingly are targeted. Instead of re-imaging the whole machine or changing everyone’s credentials when an attack is discovered, security professionals can use Incident Prediction to have more granular control over their security by blocking only the attacker’s most likely behaviors to reduce the risk of business disruption and enable a streamlined incident response – as attacks happen – all without additional cost.

“Broadcom is focused on providing enterprise-grade security for all organizations, whether they have a mature SOC or a small security team. Incident Prediction delivers on this commitment – organizations can enhance SOC capabilities regardless of sophistication,” said Jason Rolleston, Vice President and General Manager, Enterprise Security Group, Broadcom. “Today, every organization needs to empower their security teams to become faster, stronger and more resilient against highly sophisticated APT groups. With Incident Prediction, they now have an automated system that can flag, act and help protect against cyberattacks – as they happen – faster and more cost-effectively.”

See Us At RSAC™ 2025 Conference

Broadcom is a Gold Sponsor of RSAC™ 2025 Conference, which will take place April 28 – May 1, 2025 at the Moscone Center in San Francisco. Broadcom will be demonstrating innovations from Symantec and Carbon Black at booth N-5345 in the North Expo. In addition, Broadcom executives will be speaking at the event. Arnaud Taddei, Global Security Strategist, Broadcom, and Roelof du Toit Distinguished Engineer, Broadcom, will present, “ECH: Hello to Enhanced Privacy or Goodbye to Visibility?” on Monday, April 28^th from 10:50 AM to 11:40 AM PT. In addition, Eric Chien, Fellow, Symantec Threat Hunter Team, Broadcom, and Jason Rolleston, Vice President & General Manager, Enterprise Security Group, Broadcom, will present, “Under Siege: How APTs and Nation-States Are Coming for Everyone,” on Tuesday, April 29^th from 2:25 PM to 3:15 PM PT.

Pricing and Availability

Incident Prediction is available now as a new feature for Adaptive Protection, which is part of Symantec Endpoint Security Complete (SES-C), at no additional cost to current SES-C customers. SES-C is one of the most integrated endpoint security platforms on the planet and delivers cloud-based protection with AI-guided security management, all on a single agent/console architecture.

About Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

Press Contact:
Dan Mellinger
Enterprise Security Group Communications
daniel.mellinger@broadcom.com
Telephone: +1 415 572 0216

The MIL Network –
April 16, 2025
MIL-OSI: EnerPure Announces Appointment of New President and CEO, Rick Koshman

Source: GlobeNewswire (MIL-OSI)

Winnipeg, MB, April 15, 2025 (GLOBE NEWSWIRE) — EnerPure Inc. (“EnerPure” or the “Company”), a recycling and energy transition company, is pleased to announce that it has appointed Rick Koshman as President and Chief Executive Officer (“CEO”). This planned leadership transition marks a key milestone for EnerPure as it shifts focus from technology development to commercial growth and large-scale deployment. Rick will also join EnerPure’s Board of Directors.

Rick’s skill set aligns extremely well with the Company’s deliverables and objectives with his in-depth understanding and experience in engineering, construction and project management, operational excellence, and safety in the energy sector. These skills, combined with his leadership pedigree and corporate development background, made him the Company’s preferred candidate and will help ensure that EnerPure capitalizes on the tremendous opportunity ahead.

“EnerPure is now at a critical inflection point thanks to the dedication of our current and former employees, board members and professional advisors. I have always been amazed by the high calibre of talent and outstanding individuals we have been able to attract and are very appreciative of their amazing contributions to date.” commented Todd Habicht, Founder and former CEO, who now transitions to Executive Chairman. “Rick’s depth of experience and alignment with our mission make him the ideal leader for this next chapter. I look forward to supporting him in my new role as we drive EnerPure into widespread commercial deployment.”

“I’ve long admired what Todd and the EnerPure team have developed – a clean, elegant solution to a global problem with real potential to scale,” said Rick Koshman. “I’m honoured to join the team to advance the company through its next phase of growth and to help unlock the enormous opportunity ahead, starting right here in Canada.”

The Company undertook an extensive search process to identify a new CEO, with Heidrick & Struggles (“H&S”), a leading international executive search firm, and were very impressed by the talent identified and the number of individuals that expressed an interest in leading EnerPure into the future. EnerPure would like to thank both the H&S team, led by Sean McLean, and the numerous candidates who expressed an interest in working with the Company.

About Rick Koshman

A seasoned energy executive with over 25 years of experience, Rick has a strong track record of delivering value across operations, project execution, and corporate development. He has led the successful delivery of over $5 billion in infrastructure projects across Canada, the U.S., and Central Asia through senior roles at Keyera Corporation, Athabasca Oil Corporation, and Canadian Natural Resources Limited.

Rick is known for building high-performing teams and leading large-scale industrial projects from concept to operation. He has transformed multiple corporate project delivery groups by implementing best-in-class processes and fostering a strong culture of accountability and performance. In addition to his operational background, Rick has significant capital markets and private equity exposure.

Rick is a registered professional engineer in Alberta and holds an MBA from IMD Business School in Switzerland. He currently serves on the Board of Governors of the Canadian Energy Executive Association.

About Heidrick & Struggles – www.heidrick.com

“Helping our clients change the world, one leadership team at a time”

Founded in Chicago, Illinois in 1953, Heidrick & Struggles launched as one of the world’s first executive search firms. Today, Heidrick & Struggles is consistently included in the Forbes list of the World’s Best Management Consulting Firms and is best known as a premier provider of executive search, on-demand talent and leadership consulting services. Having served over 70% of the Fortune 1000 and numerous early-stage ventures, the firm brings global expertise and networks, coupled with local presence and knowledge through its over 50 offices on 6 continents, to every engagement. Heidrick & Struggles’ data-driven advisory approach and extensive global network identifies critical talent solutions to achieve the highest levels of profitability and performance.

About EnerPure – https://enerpure.tech

“We recycle Used Motor Oil (UMO) to reduce GHG emissions while producing a lower carbon-intensive marine fuel.”

Each year ~17 billion litres of UMO* are improperly burned or dumped, causing widespread environmental harm. EnerPure sees a tremendous opportunity to solve this problem through the deployment of its modular micro-scale recycling plants using its patented technology to convert UMO into high-quality marine fuel.

EnerPure is entering its next phase of growth, with our first commercial plant planned for Alberta. Our recycling plants require ~5% of the capex of traditional solutions, enabling localized recycling (while reducing the cost of collection) and providing strong economic returns.

Our technology has been proven via our pilot plant (operating at 43% of scale) with 1.6 million litres processed and validated through the sale of over 1.2 million litres. Our drop-in ISO 8217-compliant marine fuel is in high demand in a growing market with its 14.6% lower carbon intensity. Annually each recycling plant can reduce greenhouse gas (“GHG”) emissions and criteria air contaminants by 36,315 and 437 tonnes, respectively.

EnerPure, while delivering strong economic returns, offers a proven, scalable platform where environmental need meets commercial opportunity, powering the energy transition through smart regional recycling.

*UMO is defined as any petroleum-based or synthetic lubricating oil that cannot be used for its original purpose due to contamination.

Disclosure and Caution

This press release may contain certain disclosures that may constitute “forward-looking statements” within the meaning of Canadian securities legislation. In making the forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements are subject to numerous risks, uncertainties and other factors, including but not limited to economic, capital expenditures, and engineering projections, that may cause future results to differ materially from those expressed or implied in such forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

The MIL Network –

April 16, 2025
MIL-OSI: Veeco Earns Intel’s 2025 EPIC Supplier Award

Source: GlobeNewswire (MIL-OSI)

PLAINVIEW, N.Y., April 15, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) is proud to announce that it has earned the exclusive Intel EPIC Supplier Award for 2025. This award recognizes the top performers in the Intel supply chain for their world-class commitment to continuous improvement and performance excellence over the past year.

“Congratulations to Veeco on receiving the Intel EPIC Supplier Award, Intel’s highest supplier recognition,” said Frank Sanders, corporate vice president and general manager of Global Supply Chain Operations at Intel. “Their unwavering commitment to quality, drive for excellence, and dedication to technology innovation make them vital to our success. We greatly appreciate their collaboration and continued focus on results.”

“As one of a select few companies awarded the Intel EPIC Supplier Award in 2025, Veeco is truly one of the best suppliers in the semiconductor industry,” said Dave Bloss, corporate vice president and general manager of Global Sourcing for Equipment & Materials at Intel. “Their customer orientation and commitment to superior performance is a testament to their dedication and serves as a global benchmark for others to follow.”

The Intel EPIC Supplier Award recognizes the top performers in the Intel supply chain for their dedication to “EPIC” performance—Excellence, Partnership, Inclusion and Continuous Improvement. Of the thousands of Intel suppliers around the world, only a few hundred qualify to participate in the EPIC Supplier Program.

To qualify for the Intel EPIC Supplier Award, suppliers must exceed the highest expectations and achieve aggressive strategic objectives aligned to Intel’s priorities.

Get more information about the Intel EPIC Supplier Awards
Find the latest at the Intel Newsroom
Visit the Intel EPIC Supplier Awards page

About Veeco
Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, metal organic chemical vapor deposition (MOCVD), and chemical vapor deposition (CVD) 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: Brenden Wright | (410) 984-2610 | bwright@veeco.com

The MIL Network –

April 16, 2025
MIL-OSI: NVIDIA Blackwell GeForce RTX Arrives for Every Gamer, Starting at $299

Source: GlobeNewswire (MIL-OSI)

SANTA CLARA, Calif., April 15, 2025 (GLOBE NEWSWIRE) — NVIDIA today announced the NVIDIA GeForce RTX™ 5060 family of GPUs, including two graphics cards that deliver neural rendering and NVIDIA Blackwell architecture innovations for every gamer — starting at just $299.

The GeForce RTX 5060 Ti and RTX 5060 graphics cards feature NVIDIA DLSS 4, full ray tracing, neural rendering and NVIDIA Reflex technologies for exceptional performance and image quality.

“The RTX 5060 family offers gamers next-generation performance and AI-enhanced visuals starting at $299,” said Matt Wuebbling, vice president of GeForce marketing at NVIDIA. “Powered by the advanced NVIDIA Blackwell architecture and featuring DLSS 4 technology in over 100 games, this new class of GPUs elevates gaming with stunning visuals, high frame rates and quick responsiveness.”

DLSS 4 Now in 100+ Games
The GeForce RTX 5060 family includes DLSS 4 capabilities such as Multi Frame Generation and Super Resolution, as well as NVIDIA Reflex to reduce latency. More than 100 games now feature these AI-powered enhancements. Blockbuster titles like Alan Wake 2, Black Myth: Wukong, Cyberpunk 2077 and Hogwarts Legacy boast stunning ray-traced visuals at over 100 frames per second (fps) on maximum settings.

Boosting Creative Workflows
The RTX 5060 family can also serve as a powerful companion for creators. Equipped with Blackwell FP4 Tensor Cores and ninth-generation NVIDIA NVENC encoders, the GPUs can enhance creative workflows for livestreamers, video editors, 3D artists and others.

Introducing GeForce RTX 5060 Laptops
In addition, the GeForce RTX 5060 Laptop GPU has arrived, bringing enhanced gaming and creative capabilities to laptops. Built with the Blackwell architecture and DLSS 4, the GPU ensures every gamer and creator can enjoy 144 fps and 8K 4:2:2 color format video editing. GeForce RTX 5060 laptops can deliver double the frame rates and lower latency compared with previous-generation models — and are coming in a broad range of designs and sizes as thin as 14.9 millimeters.

Availability
GeForce RTX 5060 Ti graphics cards, equipped with 16GB or 8GB graphics memory, will be available starting April 16 at $429 and $379, respectively.

GeForce RTX 5060 graphics cards will be available starting in May at $299.

Stock-clocked and factory-overclocked models will be available from top add-in card providers such as ASUS, Colorful, Gainward, GALAX, GIGABYTE, INNO3D, KFA2, MSI, Palit, PNY and ZOTAC, and in desktops from system builders including Falcon Northwest, Infiniarc, MAINGEAR, Mifcom, ORIGIN PC, PC Specialist and Scan Computers.

Laptops equipped with GeForce RTX 5060 laptop GPUs will be available from every major manufacturer beginning in May, starting at $1,099.

Find full specifications and additional details on the NVIDIA GeForce webpage.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

For further information, contact:
Ben Berraondo
NVIDIA Corporation
+1 669 271 5730
bberraondo@nvidia.com

Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of NVIDIA’s products, services, and technologies; and GeForce RTX 5060 family of GPUs providing an immersive experience for cinematic-quality gaming are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo and GeForce RTX are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb8489ce-2035-4e01-881d-2dff56782704

The MIL Network –

April 16, 2025
MIL-OSI: Global Robotic Exoskeleton Market Size Expected to Reach $30 Billion By 2032 as A.I. Influence Disrupts the Industry

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., April 15, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts project that the wearable robotic exoskeleton market, which has experienced notable growth over the past decade, driven by advancements in robotics, the increasing need for rehabilitation technologies, and heightened emphasis on workplace safety, will continue to grow substantially. The market’s growth has been particularly robust in the healthcare and manufacturing sectors, where both assistive and powered exoskeletons are in high demand. Furthermore, the market’s expansion is propelled by technological innovations, with powered systems holding the largest wearable robotic exoskeleton market share due to their superior performance and adaptability. Ongoing technological advancements, particularly in AI, sensors, and battery efficiency, are expected to drive further adoption across various sectors. The healthcare sector is anticipated to witness increased adoption of rehabilitation and assistive solutions. At the same time, the defense and manufacturing industries continue to seek solutions for enhancing human endurance and reducing injury risks. With strong growth projections, especially in emerging markets such as Asia Pacific, the market is expected to see continued investment and development over the forecast period. A report from Fortune Business Insights said that the global wearable robotic exoskeleton market size is projected to grow to USD 30.56 billion by 2032, exhibiting a CAGR of 43.1% during the forecast period. North America dominated the global market with a share of 38.64% in 2024. Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Pitney Bowes (NYSE: PBI), GXO Logistics, Inc. (NYSE: GXO), Microbot Medical Inc. (NASDAQ: MBOT).

The Fortune Business Insights report continued: “A key trend in the wearable robotic exoskeleton market is the integration of Artificial Intelligence (AI) and advanced sensor technologies to improve precision, functionality, and user experience. AI-powered exoskeletons are capable of learning and adapting to the user’s movements, offering personalized assistance based on real-time data. This adaptive functionality is particularly beneficial in rehabilitation, where exoskeletons can adjust their support levels according to the patient’s progress, enhancing recovery outcomes. Advanced sensors, including pressure, motion, and biofeedback sensors, are enabling more intuitive control, allowing the exoskeleton to respond seamlessly to the user’s body movements. These innovations are improving the ease of use and reducing the cognitive load on users, making the technology more accessible and effective for a broader audience. As AI and sensor technology continue to evolve, the capabilities of wearable exoskeletons are expected to grow, driving higher adoption across various sectors, from healthcare to industrial applications.”

KULR Technology Group, Inc. (NYSE American: KULR) Expands into High-Growth Robotics Market with German Bionic AI-Powered Exoskeletons for U.S. Workforce – KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a leader in advanced energy management platforms, today announced the launch of a new strategic partnership with German Bionic (“GB”), a leading global robotics company known for its groundbreaking robotic exoskeleton, Apogee ULTRA, to expand into the rapidly growing fields of robotics and artificial intelligence. GB counts global logistics companies, large retailers, hospitals, and major international airports among its customers, including Dachser Intelligent Logistics, GXO, Nuremberg Airport, Canadian Tire, the British consumer electronics retailer Currys, and the Charité Hospital Berlin. According to Spherical Insights, the global wearable robotic exoskeleton market size is expected to reach $41.5 billion by 2033.

The initiative includes the formation of a dedicated business unit, KULR AI & Robotics, aimed at driving innovation and commercialization of affordable and mature robotic solutions to support the US workforce and reshoring of manufacturing. During their EOY and Q4 earnings call, KULR also announced that their website has been updated and relaunched as KULR.ai to reflect this shift and the introduction of the new business unit. The new unit will be led by Josh Steinmann, VP of AI and Robotics.

“This partnership exemplifies our broader strategy to leverage our energy management expertise and become a key enabler of the robotics and AI ecosystem, as these applications demand higher battery performance and more efficient thermal management for their high-performance electronics,” said Michael Mo, CEO of KULR Technology Group. “AI is a critical enabler of robotics, and we’re aggressively focused on this area – through this partnership and other strategic initiatives – to help shape the future of human-machine interface.”

“We are pleased to have KULR as a key partner, joining us in the journey to scale and deliver the world’s strongest data-driven exoskeletons to North America and beyond,” says Armin G. Schmidt, Founder and CEO of German Bionic. “At the core of our innovation is a clear understanding of energy as a fundamental force – something unseen yet essential in driving both progress and human advancement. Our exoskeletons are designed to empower and elevate frontline workers, unlocking their full potential each day. This partnership is the natural unfolding of our mission to infuse the world with greater value, vitality, and purpose.”

The sixth-generation Apogee ULTRA is a proven, in-market solution engineered for large-scale deployment. Apogee ULTRA and anticipated future generations of the exoskeleton can enhance human energy output significantly and materially reduce workplace injuries, driving outsized returns on investment, employee satisfaction and retention, and reduced healthcare costs. This technology has demonstrated success across multiple sectors, including delivery logistics, supply chain solutions, manufacturing, construction, and healthcare. CONTINUED… Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/.

In other developments in the markets of note:

C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) recently announced that it will issue its first quarter 2025 results after the market closes on Wednesday, April 30, 2025. The company will hold a conference call from 5:00 pm – 6:00 pm Eastern Time on the same day to discuss the quarterly results and answer live questions from the investment community. Presentation slides and a simultaneous audio webcast of the conference call may be accessed at http://investor.chrobinson.com. To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. An audio replay will be available at http://investor.chrobinson.com.

C.H. Robinson delivers logistics like no one else™. Companies around the world look to us to reimagine supply chains, advance freight technology, and solve logistics challenges—from the simple to the most complex. 83,000 customers and 450,000 contract carriers in our network trust us to manage 37 million shipments and $23 billion in freight annually. Through our unmatched expertise, unrivaled scale, and tailored solutions, we ensure the seamless delivery of goods across industries and continents via truckload, less-than-truckload, ocean, air, and beyond. As a responsible global citizen, we make supply chains more sustainable and proudly contribute millions to the causes that matter most to our employees.

Pitney Bowes (NYSE: PBI) recently announced Pitney Bowes has been recognized as the Top Company in Shipping Software for 2025 by Logistics Tech Outlook, a leading enterprise technology magazine trusted by senior-level leaders and decision-makers in the logistics industry. This award highlights Pitney Bowes’ commitment to delivering cutting-edge shipping technology that empowers businesses to streamline their logistics operations.

“Pitney Bowes has set a new benchmark in the shipping software industry by providing highly adaptable, secure, and data-driven solutions,” said Linda James, Managing Editor of Logistics Tech Outlook. “Their ability to continually innovate and address the evolving needs of businesses, from eCommerce retailers to large enterprises, made them a clear choice for this recognition.”

GXO Logistics, Inc. (NYSE: GXO) recently announced a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense’s logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization.

‘We are very proud of this new strategic partnership with Hisense, a company that shares our values of innovation and excellence,” said Rui Marques, Managing Director of GXO in Spain and Portugal. “Our ability to address supply chain challenges such as peak demand, as well as operate an environmentally sustainable facility, are key to enabling increased customer satisfaction for Hisense.”

Microbot Medical Inc. (NASDAQ: MBOT), developer of the innovative LIBERTY^® Endovascular Robotic System, recently presented for the first time the data from its ACCESS-PVI pivotal trial at the Society of Interventional Radiology (SIR) annual meeting. The study was performed at three leading medical centers in the U.S.; Memorial Sloan Kettering Cancer Center (New York, NY), Baptist Hospital of Miami (Miami, FL) and Brigham and Women’s Hospital (Boston, MA). The late-breaking podium presentation was given by Francois Cornelis, M.D., PhD, Director of the Neuro Vascular Interventional Radiology Program at Memorial Sloan Kettering Cancer Center.

The data presented concluded that robotic endovascular procedures using LIBERTY^® are feasible and significantly minimize radiation exposure.

About FN Media Group:

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

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

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SOURCE: FN Media Group

The MIL Network –

April 16, 2025
MIL-OSI: Tenable Announces Date For Its First Quarter Earnings Conference Call

Source: GlobeNewswire (MIL-OSI)

COLUMBIA, Md., April 15, 2025 (GLOBE NEWSWIRE) — Tenable® (NASDAQ: TENB), the exposure management company, today announced it will release its financial results for its first quarter ended March 31, 2025, after the U.S. market close on Tuesday, April 29, 2025. Tenable will host a conference call that day at 4:30 p.m. ET to discuss the results.

A live webcast of the event will be available on the Tenable Investor Relations website at https://investors.tenable.com. A live dial-in will be available domestically at 1-877-407-9716 or internationally at 1-201-493-6779. An archived replay will be available following the call.

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

Media Contact:
Tenable
tenablepr@tenable.com

The MIL Network –

April 16, 2025
MIL-OSI: LocatorX Tags Industry Trailblazer Tim Williams to Lead IoT Strategy and Solutions

Source: GlobeNewswire (MIL-OSI)

ORLANDO, Fla., April 15, 2025 (GLOBE NEWSWIRE) — LocatorX, a trusted leader in secure supply chain visibility and IoT solutions, today announced Tim Williams as Vice President of IoT Strategy and Solutions. Williams will lead the company’s efforts to expand its IoT portfolio, drive sensor flexibility and scalability, and support enterprise adoption across key industries including defense, aerospace, and life sciences.

Williams is a proven technology leader and serial entrepreneur with a track record of building and scaling high-growth startups in the IoT and AdTech sectors. He was Co-Founder and CEO of NanoThings, an IoT startup that pioneered the development of smart label technology for real-time location tracking and temperature monitoring. NanoThings was successfully acquired in Q3 2024.

In addition to NanoThings, Williams is also the Co-Founder of Nell, an IoT SaaS platform designed to simplify and streamline IoT device onboarding and deployment at scale. Prior to his IoT ventures, he co-founded Acquisition Labs, one of the earliest advertising platforms built atop Meta’s (Facebook) infrastructure, which was acquired within two years of launch. In his most recent role, he led the development of new connected label products for OnAsset Intelligence.

“Tim’s entrepreneurial background and deep technical expertise in IoT will be instrumental in leading our next phase of innovation,” said Chester Kennedy, CEO of LocatorX. “His ability to identify market opportunities and deliver scalable, real-time solutions will be essential as we continue to shape the future of connected, secure supply chains for mission-critical industries.”

“I am excited to join LocatorX at such a pivotal time. The team, cutting-edge technology, and the potential for growth made this an ideal opportunity to be part of something transformational,” said Williams. “With IoT adoption accelerating across these mission-critical industries, we can redefine what real-time visibility means and impact how the data aids in making the supply chain smarter, faster, resilient, and more secure.”

The addition of Williams to the leadership team reinforces the company’s commitment to advancing the performance, scalability, and intelligence of IoT-driven visibility solutions for the supply chain.

LocatorX ensures real-time visibility of mission-critical assets and connected insights that drive efficient processes across the supply chain. The company’s patented LX Digital Fingerprint, secure TAA-compliant IoT sensors, and visibility platform redefines how aerospace, defense, and government sectors track and manage critical assets. To learn more about LocatorX, visit www.locatorx.com.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/98893ba4-f845-4ea9-9d2f-c9c90818d68e

The MIL Network –

April 16, 2025
MIL-OSI: Moderne Joins Microsoft Pegasus Program to Accelerate Large-Scale Code Modernization for Enterprises

Source: GlobeNewswire (MIL-OSI)

MIAMI, April 15, 2025 (GLOBE NEWSWIRE) — Moderne, a leader in automated code refactoring and analysis, announced today its selection for the exclusive Microsoft for Startups Pegasus Program. This milestone provides Microsoft channels and customers easy access to Moderne’s automated code transformation platform, helping enterprises modernize, secure, and maintain their software efficiently at scale.

Moderne’s automated approach reduces manual code migration and remediation efforts by up to 90%, allowing teams to complete updates that previously took months in just days or weeks. For example, enterprises use Moderne to accelerate application modernization, making it easier to migrate workloads to cloud infrastructure like Microsoft Azure or transition from another cloud provider. Other key use cases include automating security vulnerability remediation, executing large-scale framework migrations, and shifting from one solution to another to avoid vendor lock-in.

Built on the OpenRewrite open-source project that Moderne CEO and co-founder Jonathan Schneider developed at Netflix, Moderne leverages deterministic recipes with the powerful Lossless Semantic Tree (LST) data model to analyze and transform multiple codebases quickly and accurately. When combined with Moderne’s new multi-repository AI agent Moddy, developers can work even more efficiently to understand and evolve large codebases.

“The Microsoft for Startups Pegasus Program unlocks an incredible opportunity for Moderne to scale its impact, reaching developers all over the world struggling to maintain and secure their critical software,” said Jonathan Schneider, co-founder and CEO of Moderne. “With the backing of Microsoft and our recent Series B funding, we are poised to accelerate adoption and drive the future of automated code transformation.”

The Microsoft for Startups Pegasus Program is an invite-only initiative under the Microsoft for Startups umbrella. It is designed to support growth-stage startups in scaling their businesses and connects startups with Microsoft’s technical and go-to-market expertise.

“Moderne’s selection to the Microsoft Pegasus Program gives enterprise developers a scalable, automated approach to modernizing their software,” said Heena Purohit, Director of AI Startups at Microsoft for Startups. “We are thrilled to support Moderne’s mission of eliminating the massive amount of technical debt organizations have accumulated, enabling organizations to drastically reduce the cost and complexity of maintaining and securing their applications.”

The Moderne Platform runs as a secure SaaS tenant on Microsoft Azure cloud infrastructure. The platform is now available on Azure Marketplace, making it easier than ever for Microsoft customers to integrate automated code refactoring into their workflows.

About Moderne
Moderne automates mass-scale code modernization that’s critical to the progress and success of enterprise companies today—making a difference in minutes, not months. Moderne is based in Miami, and its investors include Acrew Capital, Intel Capital, True Ventures, Mango Capital, Allstate Strategic Ventures, Morgan Stanley, Amex Ventures, and TIAA Ventures, among other investors and advisors. To learn more, visit www.moderne.ai

Media Contact
Merrill Freund
415-577-8637
merrill@freundpr.com

The MIL Network –

April 16, 2025
MIL-OSI: Charli AI Acquires Sums Capital to become Charli Capital and Disrupt the World of Investments with AI-Powered Insights for Private and Public Markets
Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Charli AI, a leader in AI driven market intelligence, announced today that the company entered into an agreement to acquire Sums Capital, an early-stage investment platform specializing in streamlining investor transparency, reporting, and portfolio management for private companies. This strategic move enhances Charli AI’s ability to deliver advanced, AI-powered financial insights, streamlining capital flow and decision-making across both private and public markets.

The acquisition of Sums Capital marks a transformative milestone as it brings a sizeable network of private investors and integrates its advanced investor reporting platform with Charli AI’s autonomous, AI-driven financial analysis. This strategic union will redefine how startups, investors, and financial institutions approach investment intelligence, portfolio oversight, and capital engagement. Moving forward, Charli AI will operate under its new name—Charli Capital—the market intelligence platform setting the standard for industry wide analysis across both public and private companies.

Redefining Investment Capital Allocation with AI-Driven Market Intelligence
“The acquisition of Sums Capital marks a transformative step in redefining financial intelligence,” said Kevin Collins, CEO of Charli AI. “By combining Charli AI’s advanced intelligence with Sums Capital’s private investment expertise and investor network, we’re delivering the first end-to-end solution that brings transparency, automation, and actionable insights to a market where investors have long lacked visibility—especially to private company in depth analysis. This democratizes access to investments in the 99% of companies that are private.

Key Benefits of the Acquisition:
- Intelligent Investment Network: Connecting private companies seeking capital with investors looking for a pre-qualified deal flow, facilitated by dealers/brokers and powered by Private and Public market insights.
- Stronger Startup & Investor Support: The integration enhances startup access to capital and delivers streamlined investor reporting, valuations, and portfolio transparency.
- AI-Driven Financial Innovation: Charli AI’s purpose-built platform strengthens Sums Capital’s offerings with pre-analyzed and instantly available investment scorecards.
- Accelerated Go To Market: Leverage Sums Capital’s deep ties to early-stage investors fast-track Charli AI’s expansion, positioning it as a leader in AI-powered investment intelligence.
Pioneering the Future of AI in Financial Services
With this acquisition, Charli Capital provides a first of its kind dual-sided network—scaled by Charli’s multidimensional intelligence. Charli Capital is shaping the future of investment by enabling investors to discover hidden investment opportunities, access high-quality deal flow, and opens the gates for a new era of private investing.

About Charli AI

Charli AI is an advanced and well-recognized AI driven market intelligence platform designed specifically for banking and investment services. Leveraging Multidimensional AI™, Charli AI provides accurate, secure, scalable, and compliant solutions that empower financial organizations to focus on high-value activities rather than manual data tasks. For more information, visit www.charliai.com.

About Sums Capital

Sums Capital is a financial technology platform focused on improving investor relations and transparency for early-stage companies. By providing structured reporting, valuations, and streamlined communication, Sums Capital helps startups build stronger relationships with investors and navigate the path to growth with confidence.

For media inquiries, please contact:

Fatema Bhabrawala
Media Relations
fbhabrawala@allianceadvisors.com

The MIL Network –
April 16, 2025
MIL-OSI: BoldSign® by Syncfusion® Earns Spot on G2’s 2025 Best Software Awards for Sales

Source: GlobeNewswire (MIL-OSI)

RESEARCH TRIANGLE PARK, N.C., April 15, 2025 (GLOBE NEWSWIRE) — Syncfusion®, Inc., the enterprise technology provider of choice, today announced that its electronic signature solution, BoldSign®, has been named to review site G2’s 2025 Best Software Awards. Out of 4,500 products in the running for the 2025 Best Sales Software list, BoldSign ranked 30^th.

“We’re seeing an acceleration in adoption because organizations large and small need the best business tools available,” said Daniel Jebaraj, CEO of Syncfusion. “As a bootstrapped company with nearly 25 years of steady growth and expertise in enterprise tools, we can truly dedicate ourselves to our most important stakeholders: our customers.”

Additional Bold product-specific updates are detailed below.

BoldSign

BoldSign has seen significant growth in user adoption levels as well as consistently high customer ratings and retention numbers. According to the company, customers who switch from other e-signature solutions save 60% on average.

In addition to the Best Sales Software award, BoldSign was ranked first in G2’s Spring 2025 Small-Business Usability Index for E-Signature report.

Bold BI®

After unveiling eight feature updates in 2024, including the Bold BI AI Assistant and Q&A widget, the business analytics platform’s most recent update includes enhanced security features and added support for additional data source connectors. Bold BI’s AI Assistant leverages advanced AI algorithms to analyze data, automate processes, and provide real-time actionable recommendations.

Additionally, Bold BI was recognized in G2’s Spring reports for having earned the highest Ease of Admin rating among small business users in the Embedded Business Intelligence category.

BoldDesk®

Syncfusion now offers BoldDesk for Startups to provide qualifying organizations with a 12-month license for its help desk and customer support software, in addition to an existing offer for nonprofits, charities, and NGOs. BoldDesk’s feature updates continue to enhance customization, AI utilization, integration, and automation.

Bold Reports

Syncfusion offers a no-cost business analytics course for Bold Reports trial users. For more information or to enroll in the course, visit the Udemy learning platform. Recent feature updates include new filters, expanded integration support, and enhancements to the report designer and viewer functions.

Syncfusion’s Bold products are designed for seamless deployment—on-premises, in the cloud, or embedded—across .NET, JavaScript, and other tech stacks. All four platforms are built with robust security, developer-friendly APIs, and enterprise-grade scalability. With continued investment in AI features, analytics, and integrations, Syncfusion is committed to supporting the growing demand for agile, secure, and customizable platforms across tech-driven industries.

For more information about low- or no-cost options for BoldSign, Bold BI, BoldDesk, Bold Reports, and developer component suite Essential Studio, visit https://www.syncfusion.com/pages/syncfusion-ecosystem/.

About Syncfusion, Inc.

Syncfusion® is the enterprise technology partner of choice for software development and business intelligence, delivering an ecosystem of compatible developer control suites, embeddable BI platforms, and business software. Headquartered in Research Triangle Park, NC, Syncfusion has established itself as a trusted partner worldwide for use in mission-critical applications through its service-oriented approach. The Syncfusion Essential Studio® suite has expanded from one data grid at its launch in 2001, to over 1,900 controls for web, mobile, and desktop development. After nearly two decades of helping developers build business software with Essential Studio, the company channeled this expertise into its own line of enterprise products: Bold BI® and Bold Reports® for embedded business intelligence, data analysis, and visualization; BoldSign®, an embeddable e-signing solution; and most recently, BoldDesk®, a customer support platform. Today, Syncfusion has more than 35,000 customers, including large financial institutions, Fortune 500 companies, and global IT consultancies, relying on Essential Studio and Bold products for their business success.

Contact: Brittany Kearns
Phone: 919-270-8054
Email: brittany@crossroadsb2b.com

The MIL Network –

April 16, 2025
MIL-OSI: Unlimited Expands ETF Lineup with New Global Macro Hedge Fund Strategy

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Bob Elliott, CEO and CIO of Unlimited, today announced the launch of the Unlimited HFGM Global Macro ETF (NYSE: HFGM), a new actively managed exchange-traded fund offering exposure to global macro hedge fund style strategies. The Fund capitalizes on Mr. Elliott’s extensive experience as a systematic global macro portfolio manager by dynamically allocating capital long and short across a wide range of global markets opportunities in search of mispricing. The fund utilizes liquid exchange-listed futures contracts, and a basket of ETFs based upon systematic signals. The positions are adjusted based on evolving market conditions with the goal of adding diversification benefits to investors’ portfolios.

HFGM seeks to capitalize on global market mispricing opportunities spanning currency, fixed income, equity, credit and exchange rate markets. Global macro managers have a long track record of generating consistent alpha with low correlation to the broader equity and fixed income markets. HFGM deploys Unlimited’s proprietary, data-driven technology to interpret the current positioning of global macro managers and replicate those positions in its own portfolio.

The launch of HFGM expands on Unlimited’s mission to provide investors with access to hedge fund-style returns without the high fees and tax inefficiencies that can erode performance over time. Unlimited’s ETF offering includes the Unlimited HFND Multi-Strategy Return Tracker ETF (NYSE: HFND), which has a two-year track record of offering investors exposure to a broad set of hedge fund style strategies.

“Financial advisors and institutional investors facing turbulent markets are looking for ways to diversify their portfolios, but many find the high fees, lack of liquidity and adverse tax treatment associated with traditional alts offerings untenable,” said Mr. Elliott. “Our Global Macro ETF was designed to offer a volatility target aligned with equity markets as an investor-friendly way to add the diversification features of alts to a balanced portfolio.”

Hedge fund strategies overall have historically generated strong uncorrelated returns for investors, but high fees combined with inefficient tax structures have significantly eroded that performance.

HFGM offers a transparent, liquid, and cost-effective alternative to traditional hedge fund allocations, carrying a lower expense ratio than the standard “2 and 20” hedge fund fee model.

HFGM is the first of several new actively managed ETFs the firm plans to launch over the coming months. The suite includes two additional strategies that have been approved by the Securities and Exchange Commission with launch plans in the works for later this year, Unlimited HFMF Managed Futures ETF and Unlimited HFEQ Equity Long/Short ETF.

Unlimited’s ETFs are managed by Mr. Elliott, former investment committee member at Bridgewater Associates and Bruce McNevin, co-founder and Chief Data Scientist at Unlimited. Mr. McNevin brings extensive experience in quantitative modeling and data science, having held positions at hedge funds Clinton Group and Midway Group, as well as Bank of America and BlackRock.

For more information on HFGM or HFND, please visit https://www.unlimitedetfs.com

Media Contacts:

Sarah Lazarus Zach Kouwe

Dukas Linden Public Relations Dukas Linden Public Relations

+1 617-335-7823 +1 551-655-4032

sarah@dlpr.com zkouwe@dlpr.com

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by visiting www.unlimitedetfs.com. Please read the prospectus carefully before you invest.

Important Risks

Underlying ETFs Risks. The Fund will incur higher and duplicative expenses because it invests in Underlying ETFs. There is also the risk that the Fund may suffer losses due to the investment practices of the Underlying ETFs. The Fund will be subject to substantially the same risks as those associated with the direct ownership of securities held by the Underlying .ETFs.

Management Risk. The Fund is actively managed and may not meet its investment objective based on the Sub-Adviser’s success or failure to implement investment strategies for the Fund.

Machine Learning, Model and Data Risk. The Fund relies heavily on proprietary “machine learning” selection processes. In addition, the composition of the Fund’s portfolio is heavily dependent on proprietary quantitative models as well as information and data supplied by third parties (“Models and Data”).

Volatility Risk. The Fund seeks to achieve a higher level of volatility than its target hedge fund industry sector, which may result in substantial price fluctuations over short periods. As a result, the value of the Fund’s investments may rise or fall significantly, and investors should be prepared for increased levels of volatility compared to traditional equity funds.

Commodity Risk. Underlying ETFs that invest in the commodities markets may be subject to greater volatility than investments in traditional securities.

Derivatives Risk. The Fund’s or an Underlying ETF’s derivative investments have risks, including the imperfect correlation between the value of such instruments and the underlying assets or index; the loss of principal, including the potential loss of amounts greater than the initial amount invested in the derivative instrument; the possible default of the other party to the transaction; and illiquidity of the derivative investments.

Emerging Markets Risk. The Fund may invest in Underlying ETFs that invest in securities issued by companies domiciled or headquartered in emerging market nations. Investments in securities traded in developing or emerging markets, or that provide exposure to such securities or markets, can involve additional risks relating to political, economic, currency, or regulatory conditions not associated with investments in U.S. securities and investments in more developed international markets.

Fixed Income Securities Risk. The Fund may invest in Underlying ETFs that invest in fixed income securities. The prices of fixed income securities may be affected by changes in interest rates, the creditworthiness and financial strength of the issuer and other factors. An increase in prevailing interest rates typically causes the value of existing fixed income securities to fall and often has a greater impact on longer-duration and/or higher quality fixed income securities.

Foreign Securities Risk. Foreign securities held by Underlying ETFs in which the Fund invests involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies.

Futures Contracts Risk. The Fund or Underlying ETFs may invest in futures contracts. Risks of futures contracts include: (i) an imperfect correlation between the value of the futures contract and the underlying asset; (ii) possible lack of a liquid secondary market; (iii) the inability to close a futures contract when desired; (iv) losses caused by unanticipated market movements, which may be unlimited; (v) an obligation for the Fund or an Underlying ETF, as applicable, to make daily cash payments to maintain its required margin, particularly at times when the Fund or Underlying ETF may have insufficient cash; and (vi) unfavorable execution prices from rapid selling.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Short Selling Risk. The Fund may make short sales of securities of Underlying ETFs, which involves selling a security it does not own in anticipation that the price of the security will decline. Short sales may involve substantial risk and leverage. Short sales expose the Fund to the risk that it will be required to buy (“cover”) the security sold short when the security has appreciated in value or is unavailable, thus resulting in a loss to the Fund. Short sales also involve the risk that losses may exceed the amount invested and may be unlimited.

Swap Agreement Risk. The Fund or an Underlying ETF may invest in swap agreements. Swap agreements could result in losses if the underlying asset or reference does not perform as anticipated. Swaps can have the potential for unlimited losses. They are also subject to counterparty risk. If the counterparty fails to meet its obligations, the Fund (or the Underlying Fund) may lose money.

Definitions:

20 and 2 strategy: Describes the standard fee structure charged by advisers of private funds, which generally includes a 2% asset-based management fee, in addition to a 20% performance fee charged on the profits on investments.

Distributed by Foreside Fund Services, LLC.

The MIL Network –

April 16, 2025
MIL-OSI: American Rebel Beer Announces Launch Event in Bowling Green Kentucky with Distribution Partner – Clark Distributing Company

Source: GlobeNewswire (MIL-OSI)

Nashville, TN, April 15, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com), and a designer, manufacturer, and marketer of branded safes, personal security, self-defense products and apparel, is proud to announce a Tax Day Launch Event for southern Kentucky at the Spillway Bar & Grill, 2195 River Street in Bowling Green, Kentucky with its distribution partner, Clark Distributing Company (ccclark.com). This morning American Rebel CEO Andy Ross appeared live on air at D93 WDNS Classic Rock Radio in Bowling Green to celebrate the launch party.

Kentucky is a key strategic state as American Rebel Light Beer continues to rapidly grow its distribution partnerships throughout the Southeastern United States. Clark Distributing Company, a premier distributor serving more than 5,000 retail and restaurant customers throughout Kentucky, covers 97 counties out of 120 total, representing 81% of Kentucky’s counties and serving 67% of the state’s population. Kentucky residents can now enjoy American Rebel Premium Light Lager Beer that not only is great tasting but unapologetically celebrates true fundamental American values.

“Kentucky is an important state for us as we expand American Rebel Light Beer across this great, God-fearing nation,” said Andy Ross, CEO of American Rebel. “We are thrilled to see American Rebel Light Beer reach patriotic customers throughout the Commonwealth, and we couldn’t have asked for a better partner than Clark Distributing Company to help us serve customers looking for American Rebel Light – America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.”

American Rebel Light Beer is growing rapidly due to its great taste and drinkability, with a smooth and crisp finish that appeals to light beer enthusiasts. It continues to receive overwhelmingly positive feedback, leading to increasing and repeat customer demand due to its balance of flavor and drinkability. It is the light beer of choice for consumers looking for a great tasting light beer that is aligned with traditional American patriotic values, liberty, and freedom.

“Between the on-air appearance at D93 and the launch event this evening, I want to head over to the Corvette Museum here in Bowling Green,” said Andy Ross. “Danny built me the Second Amendment Muscle Car, a ’69 Corvette, on the “Rocked and Loaded” episode of Counting Cars on the History Channel. I get people coming up to me all the time asking me about the car and saying they just saw the episode air again. Millions of people have seen that episode over the years and that car has become known as the Batmobile of the Second Amendment.”

For more information about American Rebel Light Beer, visit americanrebelbeer.com.

About American Rebel Light Beer

Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

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

About American Rebel Holdings, Inc.

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

About Clark Distributing Company

Clark Distributing Company (ccclark.com) is a premier beverage distributor serving over 5,000 customers across the Commonwealth of Kentucky. With a focus on quality, service, and customer satisfaction, Clark Distributing is proud to bring premium brands to Kentucky’s diverse market.

American Rebel Holdings, Inc.

info@americanrebel.com

American Rebel Beverages, LLC

Todd Porter, President
tporter@americanrebelbeer.com

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 launch party, actual launch timing and availability of American Rebel Beer, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:

tporter@americanrebelbeer.com

info@americanrebel.com

Attachment

The MIL Network –

April 16, 2025
MIL-OSI: Bitget Wallet Supports Babylon Mainnet for Seamless BABY and BTC Staking

Source: GlobeNewswire (MIL-OSI)

SAN SALVADOR, El Salvador, April 15, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has announced official support for the Babylon Genesis mainnet. With this integration, users can now easily add the Babylon network in-app, transfer and receive $BABY, and participate in native staking for both $BABY and $BTC directly within the wallet. A dedicated Babylon DApp section has also been launched, allowing users to quickly discover and interact with the growing Babylon ecosystem.

Babylon introduces a new layer of utility for Bitcoin by enabling it to secure proof-of-stake (PoS) networks. With Babylon Genesis now live, users can stake $BTC and $BABY onchain via Bitget Wallet, unlocking new yield opportunities while contributing to the security and liquidity of PoS chains. Bitget Wallet users can also connect directly to Babylon’s website for one-click $BTC staking, simplifying access to Babylon’s staking functions and reducing the technical barriers for participation.

As one of the wallets with the broadest support for public blockchains, Bitget Wallet offers an extensive multichain infrastructure that supports over 130 blockchain networks and seamless access to nearly a million tokens and over 20,000 DApps. The Babylon integration further reinforces Bitget Wallet’s commitment to enabling real onchain participation through secure and accessible tools. By supporting both Bitcoin-native and Babylon-native assets, Bitget Wallet empowers users to bridge liquidity and security between ecosystems in a single interface.

“As the Web3 ecosystem matures, it’s important to lower barriers to participation in emerging networks like Babylon,” said Alvin Kan, COO of Bitget Wallet. “By supporting native $BABY and $BTC staking in a secure and accessible way, we aim to contribute to a more inclusive onchain environment—where crypto is usable and relevant for everyone.“

Experience Babylon mainnet on Bitget Wallet.

About Bitget Wallet
Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser and crypto payment solutions. Supporting over 130 blockchains, 20,000+ DApps, and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
For media inquiries, please contact media.web3@bitget.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/be6e8c40-e822-4b34-b6e4-0642d9127c4f

The MIL Network –

April 16, 2025

MIL-OSI: Cyabra Announces Record 2024 Financial Performance, Doubling Revenue and Strengthening Gross Margins

Source: GlobeNewswire (MIL-OSI)

New York, NY, April 15, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, today announced its financial results for the fiscal year 2024, showcasing exceptional growth and strengthened gross margins. The company’s revenue surged from $1.9 million in 2023 to $4.2 million in 2024, marking a 116% year-over-year increase. Additionally, Cyabra significantly improved its gross margins, rising from 69% in 2023 to 81% in 2024, reflecting enhanced operational efficiency and strong demand for its cutting-edge technology solutions.

“This past year has been transformative for Cyabra, as our capabilities continue to set the standard in the fight against disinformation,” said Dan Brahmy, CEO and Co-Founder of Cyabra. “Our strong revenue growth and gross margin expansion demonstrate the increasing reliance of enterprises and governments on our technology to navigate the evolving digital landscape.”

The company’s robust performance in 2024 was driven by increased demand from both public and private sector clients, as organizations increasingly recognize the need to identify the sources of harmful narratives and inauthentic online activity.

Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company.

FINANCIAL RESULTS

Revenues for the year ended December 31, 2024, were approximately $4,155 thousand, reflecting an increase of 116% compared to $1,922 thousand for the year ended December 31, 2023. The growth in revenues was primarily due to an expansion in the customer base, with approximately 50% of 2024 revenues coming from new customers acquired during the year.
Cost of revenues for 2024 was approximately $782 thousand, marking an increase of 30% from $603 thousand in 2023. This increase was primarily driven by a higher level of commercial activity.
Research and development expenses for 2024 were approximately $4,653 thousand, an increase of 30% compared to $3,593 thousand in 2023, largely due to expanded payroll and personnel investments in Cyabra’s R&D team.
Sales and marketing expenses for 2024 reached approximately $3,316 thousand, reflecting an increase of 21% from $2,738 thousand in 2023. This was primarily due to an increase in headcount and related expenses in sales and marketing teams.
General and administrative expenses for 2024 were approximately $4,602 thousand, an increase of 395% compared to $929 thousand in 2023. The increase was mainly attributed to higher professional services costs associated with the business combination with Trailblazer, along with increased payroll and related expenses.
Finance expenses for 2024 were approximately $6,398 thousand, an increase of 959% compared to $604 thousand in 2023. The increase was mainly due to increased expenses related to the revaluation of financial liabilities measured at fair value.
Total loss for 2024 amounted to approximately $15,610 thousand, reflecting an increase of 138% from $6,550 thousand in 2023, primarily driven by the factors described above.

About Cyabra
Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI solutions protect corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

For more information, visit www.cyabra.com

Media Contact:
Jill Burkes
Jill@cyabra.com
Signal Contact: Jillabra.24

Investor Relations Contact:
Miri Segal
MS-IR
msegal@ms-ir.com

About Trailblazer
Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com


Consolidated Balance Sheets as of December 31, U.S. dollars in thousands (except share data)

	2024		2023
Assets
Current assets
Cash and cash equivalents	927		520
Restricted cash	19		6
Accounts receivable	113		70
Other current assets	194		108
Total current assets	1,253		704

Non-Current Assets
Operating right-of-use asset	551		41
Property and equipment, net	143		98
Total non-current assets	694		139
Total Assets	1,947		843

Liabilities, Redeemable Convertible Preferred Shares and Capital Deficiency
Current liabilities
Trade accounts payable	1,084		141
Current maturities of long-term loans	1,175		1,179
Operating lease liability	190		40
Deferred revenues	2,423		1,473
Employees and related	983		675
Other current liabilities	684		321
Convertible notes	11,649		–
Total current liabilities	18,188		3,829

Non-Current Liabilities
Long-term loans	198		1,376
Operating lease liability	389		–
Long-term deferred revenues	362		154
Liability for future equity (SAFE)	1,206		–
Liability with respect to warrants	244		93
Total non-current liabilities	2,399		1,623
Total liabilities	20,587		5,452

Commitments and contingent liabilities

Redeemable Convertible Preferred Shares:
Redeemable Preferred A and A-1 shares, NIS 0.01 par value: 607,373 shares authorized as of December 31, 2024 and 2023, 515,186 issued and outstanding as of December 31, 2024 and 2023 Aggregate liquidation preference of $6,838 and $6,511 as of December 31, 2024 and 2023, respectively; Redeemable Preferred A-2 and A-3 shares, NIS 0.01 par value: 596,056 shares authorized as of December 31, 2024 and 2023, and 388,739 issued and outstanding as of December 31, 2024 and 2023, respectively Aggregate liquidation preference of $6,242 and $5,944 as of December 31, 2024 and 2023, respectively.	11,780		11,780

Capital Deficiency:
Ordinary shares, NIS 0.01 par value: 8,796,571 shares authorized as of December 31, 2024 and 2023, and 651,571 and 628,801 issued and outstanding as of December 31, 2024 and 2023, respectively.	2		2
Additional paid in capital	4,132		2,553
Accumulated deficit	(34,554	)	(18,944	)
Total capital deficiency	(30,420	)	(16,389	)
Total liabilities, redeemable convertible preferred shares and capital deficiency	1,947		843


Consolidated Statements of Operations for the year ended December 31,U.S. dollars in thousands (except per share data)

	2024		2023
Revenues	4,155		1,922
Cost of revenues	782		603
Gross profit	3,373		1,319

Operating costs and expenses
Research and development expenses	4,653		3,593
Sales and marketing expenses	3,316		2,738
General and administrative expenses	4,602		929
Total operating loss	9,198		5,941

Finance expenses, net	6,398		604
Loss before taxes on income	15,596		6,545
Taxes on income	14		5
Net loss for the year	15,610		6,550

Loss per share attributable to ordinary shareholders
Basic and diluted loss per share	(21.62	)	(10.29	)

Weighted average number of ordinary shares outstanding used in computation of basic and diluted loss per share	748,188		680,182

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

Important Information for Investors and Stockholders
In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.

Trailblazer stockholders are currently able to obtain copies of the preliminary proxy statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

Participants in the Solicitation
Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

No Offer or Solicitation
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

The MIL Network –

April 16, 2025

MIL-OSI: Eos Energy and Frontier Power Announce 5 GWh Memorandum of Understanding to Advance Long-Duration Energy Storage in the United Kingdom

Source: GlobeNewswire (MIL-OSI)

EDISON, N.J. and WARWICKSHIRE, United Kingdom, April 15, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it has signed a memorandum of understanding with Frontier Power Ltd. (“Frontier”), a UK-based energy developer, for a 5 GWh energy storage framework agreement. The agreement marks Eos’ entrance into a new international market and supports Frontier’s plans to submit multiple bids utilizing Eos’ Znyth™ battery technology in the first application window of Ofgem’s new long-duration energy storage (LDES) cap and floor scheme.

“We are proud to partner with Frontier Power, a respected leader in UK energy development, to bring Eos’ safe and recyclable storage technology to a new market,” said Justin Vagnozzi, Senior Vice President of Global Sales at Eos Energy Enterprises. “The novel cap and floor scheme incentivizes investments in long-duration storage technologies that are critical for grid stability and renewable integration. Our participation in this scheme with an established global supply partner like Frontier furthers our commitment to scale our operations, expand our market reach and encourage the adoption of alternative technologies for the energy storage market.”

Under the agreement, Eos and Frontier will also look to expand the collaboration globally to new international markets. This partnership also opens the door to developing local manufacturing in the UK. Should significant LDES project volumes materialize using Eos technology, it could incentivize the establishment of manufacturing operations in the UK, supporting domestic supply chains and job creation.

“Our supply chain strategy was designed to be transportable,” said Joe Mastrangelo, Eos Chief Executive Officer. “We can co-locate manufacturing capacity near customer demand and not only provide innovative energy storage, but sustainable jobs in regions that have demand for our technology. As that demand grows, both domestically and internationally, we’ll expand our manufacturing footprint, and we’re excited to partner with Frontier to execute on that vision in the UK market and beyond.”

“This agreement reflects Frontier Power’s commitment to driving innovation in clean energy while fostering international collaboration,” said Humza Malik, Frontier Power Chief Executive Officer. “By working with Eos, we are advancing our portfolio of long-duration storage projects and strengthening trade relations between the US and UK. The prospect of local manufacturing in the UK could further boost economic growth and job creation.”

The UK’s cap and floor scheme, administered by Ofgem and the Department for Energy Security and Net Zero, is designed to provide long-term revenue certainty for innovative energy storage technologies and help incentivize investment in alternative technologies to lithium-ion in the UK market. Eos’ eight-hour technology is well suited for the program, which supports the UK’s broader goals of achieving grid stability and enables higher levels of renewable integration.

This agreement will be incremental to Eos’ pipeline numbers as of March 31, 2025 when the Company reports first quarter 2025 results.

About Eos Energy Enterprises

Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

About Frontier Power

Founded in 2009, Frontier Power is a leading developer of innovative energy solutions with expertise spanning electricity interconnectors, offshore wind transmission, offshore wind generation and energy storage. With over £30 billion in combined investment experience in the team, Frontier Power is at the forefront of driving clean energy transitions globally.

Forward Looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

The MIL Network –

April 16, 2025
MIL-OSI: TOP Ships Inc. Announces Filing of 2024 Annual Report on Form 20-F

Source: GlobeNewswire (MIL-OSI)

ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) — TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.topships.org, or on the website of the Commission, www.sec.gov.

About TOP Ships Inc.

TOP Ships Inc. is an international owner and operator of ocean-going vessels focusing on modern, fuel-efficient eco tanker vessels transporting crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. For more information about TOP Ships Inc., visit its website: www.topships.org.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including statements regarding the Company’s vessel acquisitions and employment.

The Company 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 “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

For further information please contact:

Alexandros Tsirikos
Chief Financial Officer
TOP Ships Inc.
Tel: +30 210 812 8107
Email: atsirikos@topships.org

The MIL Network –

April 16, 2025
MIL-OSI: High Wire Networks – Overwatch Launches Risk-as-a-Service Offering to Help Organizations Stay Ahead of Emerging Cyber Threats
Source: GlobeNewswire (MIL-OSI)

BATAVIA, Ill., April 15, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leader in managed cybersecurity services, today announced the launch of Risk-as-a-Service (RaaS), a new professional service offering from its Overwatch cybersecurity division, designed to help organizations continuously identify, analyze, and mitigate cybersecurity risks.

Unlike one-time assessments, Overwatch’s RaaS is a comprehensive, ongoing program that empowers mid-market and enterprise customers to manage risk proactively. The new service combines ongoing threat detection, regulatory compliance monitoring, and expert-led incident response planning, backed by real-time analytics, to strengthen organizations’ cyber resilience without needing a large in-house team.

“Security is not just about risk mitigation and elimination of risk; it’s about prioritization. Businesses don’t have infinite resources and need to quickly and efficiently figure out which actions deliver maximum value for the effort. Our RaaS offering provides our customers a way to make such decisions quickly and efficiently,” said Kim Jones, High Wire – Overwatch CISO.

The Overwatch RaaS Platform Includes:
- Risk Baseline Assessments: Evaluate current security posture and identify the most critical vulnerabilities.
- Real-Time Threat Detection & Alerting: Stay ahead of adversaries with always-on threat monitoring.
- Regulatory Compliance Monitoring: Automate compliance tracking across HIPAA, GDPR, and CMMC standards.
- Incident Response Planning & Support: Be prepared with tailored plans and expert guidance during a security event.
- Analytics & Reporting Dashboards: Gain visibility into evolving risks and performance against key metrics.
- Ongoing Risk Posture Monitoring: Ensure continuous improvement with recurring analysis and risk insights.
“Our Risk-as-a-Service model isn’t just about delivering another report—it’s about delivering ongoing insight, action, and results,” said Ed Vasko, High Wire – Overwatch CEO. “This is a smarter way to scale risk management in today’s threat environment, especially for businesses without the resources to build a full internal risk and compliance team.”

RaaS is ideal for small to mid-sized enterprises, government agencies, and large organizations looking to augment their existing programs with continuous protection and expert oversight. Real-world applications include healthcare providers using RaaS to streamline HIPAA compliance or manufacturers maintaining CMMC alignment while managing complex threat landscapes.

By leveraging best-in-class tools and partnerships, Overwatch RaaS delivers cost-effective, scalable risk intelligence, empowering customers to make smarter decisions and reduce exposure across the enterprise.

About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S.-based 24/7 Network Operations Center and Security Operations Center is located in Chicago, Illinois.

High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.

Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

Forward-Looking Statements
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

High Wire Networks Contact
Mark Porter
Chief Executive Officer
High Wire Networks
1+ (952) 974-4000

Media Contact
Lori Aleman
Director of Marketing
High Wire Networks
Tel 1+ (630) 635-8477
Lori.aleman@highwirenetworks.com

The MIL Network –
April 16, 2025
MIL-OSI: Ingersoll Rand Further Enhances Air Treatment Capabilities with Two Acquisitions
Source: GlobeNewswire (MIL-OSI)
- Execution of bolt-on acquisition strategy continues to enhance company’s durable financial profile by adding highly complementary products and capabilities focused on high-growth, sustainable end markets
- Acquisitions will expand Ingersoll Rand’s product and technology portfolio with additional chiller and onsite gas generation offerings and support the company’s in-region for the region strategy
- Acquisitions have a combined pre-synergy Adjusted EBITDA purchase multiple of high-single digits
DAVIDSON, N.C., April 15, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired G & D Chillers, Inc. (“G & D”) and Advanced Gas Technologies Inc. (“AGT”) for a combined purchase price of approximately $27 million to further grow the company’s air treatment portfolio.

G & D, headquartered in the United States, builds premium glycol chillers to cool liquids, especially in applications requiring temperatures below freezing, like in breweries, wineries, and food processing. G & D expands Ingersoll Rand’s manufacturing, engineering, and Engineer to Order (ETO) capabilities for chillers in the North American market.

AGT, headquartered in Ontario, Canada, is a custom designer and supplier of onsite gas generation systems serving industrial customers primarily in Canada. This acquisition adds new packaging capabilities and an established channel presence.

G & D and AGT will both join the Industrial Technologies and Services segment (IT&S).

“I would like to extend a warm welcome to the employees of G & D and AGT,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “Both are solid businesses with strong performance and growth potential backed by great teams. Their offerings in the air treatment space will be beneficial as we continually look for ways to better serve our customers.”

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events or other events outside of our control; (2) unexpected costs, charges or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Contacts:
Investor Relations:
Matthew.Fort@irco.com

Media:
Sara.Hassell@irco.com

The MIL Network –
April 16, 2025
MIL-OSI: Fluent, Inc. Unveils Enhanced Identity Graph to Power Smarter Personalization and Campaign Performance

Source: GlobeNewswire (MIL-OSI)

NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading commerce media solutions company, today announced the release of its enhanced Fluent Identity Graph, designed to scale personalization and optimize results for advertisers, partners, and consumers across its suite of commerce media solutions.

Fluent’s identity graph is a key differentiator for the Company in a competitive market environment. Supported by 14 years of experience at the forefront of customer acquisition, Fluent’s identity graph leverages an extensive first-party database of customer insights and behaviors. Combined with industry-leading technology and AI solutions, it ensures optimal ad delivery and enhanced return on ad spend for media partners and advertisers alike.

As part of the release, Fluent has partnered with Experian, a global leader in data and technology, to augment its proprietary first- and second-party identity graph and gain deeper insights into U.S. consumers. By securely integrating Experian’s online and offline identity data with Fluent’s 200M+ first-party profiles, the partnership provides a more complete, privacy-safe view of consumers’ digital identities across channels and devices—enhancing targeting accuracy, improving ad relevance, and driving a measurable lift in revenue per transaction.

“Fluent’s proprietary first- and second-party data foundation is our key market advantage,” said Brian Silveri, Senior Product Manager at Fluent. “By integrating Experian’s identity data, we’re further enhancing our ability to deliver and optimize smarter, more personalized post-purchase offers. Through advanced algorithms and continuous machine learning, we’re maximizing relevance for consumers and driving best-in-class performance for our partners and advertisers.”

Fueling a full-funnel performance strategy, Fluent’s AI ranks and serves the most relevant post-transaction offers based on behavior, purchase intent, and conversion signals. From niche targeting to deeper audience insights, the result is better personalization for consumers, higher yield for partners, and scalable customer growth for brands.

“The Fluent Identity Graph builds on over 14 years of experience fostering strong consumer relationships and advertiser outcomes across Fluent’s performance marketplace,” said Adrian Stack, Chief Product Officer at Fluent. With Experian’s identity resolution expertise, we’re excited to strengthen our ability to help partners and advertisers better understand, reach, and convert high-intent audiences through our commerce media solutions.”

As the commerce media category evolves, this release is part of Fluent’s broader investment in AI-powered innovation—designed to unlock greater value for partners, enhance monetization across the customer journey, and drive long-term growth.

About Fluent, Inc.

Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit https://www.fluentco.com/.

Contact Information

Investor Relations
Fluent, Inc.
InvestorRelations@fluentco.com

The MIL Network –

April 16, 2025
MIL-OSI: CVR Energy to Release First Quarter 2025 Earnings Results

Source: GlobeNewswire (MIL-OSI)

SUGAR LAND, Texas, April 15, 2025 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI) plans to release its first quarter 2025 earnings results on Monday, April 28, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Tuesday, April 29, at 1 p.m. Eastern to discuss these results.

This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Energy’s website at www.CVREnergy.com. For investors or analysts who want to participate during the call, the dial-in number is (877) 407-8291. The webcast will be archived and available for 14 days at https://edge.media-server.com/mmc/p/uxpz7jf5. A repeat of the call also can be accessed for 14 days by dialing (877) 660-6853, conference ID 13752979.

CVR Energy’s first quarter 2025 earnings news release will be distributed via GlobeNewswire and posted at www.CVREnergy.com.

About CVR Energy, Inc.
Headquartered in Sugar Land, Texas, CVR Energy is a diversified holding company primarily engaged in the renewables, petroleum refining and marketing businesses as well as in the nitrogen fertilizer manufacturing business through its interest in CVR Partners, LP. CVR Energy subsidiaries serve as the general partner and own 37 percent of the common units of CVR Partners, LP.

For further information, please contact:

Investor Relations:
Richard Roberts
CVR Energy, Inc.
(281) 207-3205
InvestorRelations@CVREnergy.com

Media Relations:
Brandee Stephens
CVR Energy, Inc.
(281) 207-3516
MediaRelations@CVREnergy.com

The MIL Network –

April 16, 2025

MIL-OSI: EverQuote to Announce First Quarter 2025 Financial Results on May 5, 2025

Source: GlobeNewswire (MIL-OSI)

CAMBRIDGE, Mass., April 15, 2025 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report first quarter financial results after the market close on Monday, May 5, 2025. Management will host a conference call and webcast to discuss the Company’s financial results, recent developments, and business outlook at 4:30 p.m. ET.

What:	EverQuote First Quarter 2025 Financial Results Conference Call

When:	Monday, May 5, 2025

Time:	4:30 p.m. ET

Live Call:	US Toll Free: (800) 715-9871 All Other: +1 (646) 307-1963 Conference ID: 4210704

Live Webcast and Replay: http://investors.everquote.com/

About EverQuote

EverQuote operates a leading online marketplace for insurance shopping, connecting consumers with insurance provider customers, which includes both carriers and agents. Our vision is to be the leading growth partner for property and casualty, or P&C, insurance providers. Our results-driven marketplace, powered by our proprietary data and technology platform, is improving the way insurance providers attract and connect with consumers shopping for insurance.

For more information, visit https://investors.everquote.com and follow on LinkedIn.

Investor Relations Contact:

Brinlea Johnson
The Blueshirt Group
415-489-2193
brinlea@blueshirtgroup.com

The MIL Network –

April 16, 2025

MIL-OSI: Boralex will release its 2025 first quarter financial results on May 14

Source: GlobeNewswire (MIL-OSI)

MONTREAL, April 15, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9:30 a.m.

Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

Date and time

Wednesday, May 14, 2025, at 9:30 a.m. ET

To attend the conference

Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2

To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until May 14, 2026.

The financial information will be released through a press release and on Boralex’s website on May 14, 2025, at 7 a.m.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. Our pipeline of projects and growth path total over 78GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.

For more information

MEDIA

INVESTOR RELATIONS

Camille Laventure
Senior Advisor, Public Affairs and External
Communications

Boralex Inc.

438-883-8580
camille.laventure@boralex.com

Stéphane Milot
Vice President, Investor Relations and Financial
Planning and Analysis

Boralex Inc.

514-213-1045
stephane.milot@boralex.com

Source: Boralex inc.

The MIL Network –

April 16, 2025

MIL-OSI: Helport AI Launches Enhanced AI Software to Modernize Consumer Financing Operations
Source: GlobeNewswire (MIL-OSI)

New Offering Aims to Drive Efficiency and Compliance in Consumer Financing and Debt Collection

Successful Initial Deployments Already Underway in the Philippines

Partnerships Secured with Three Consumer Financing Companies, Including Two Publicly Listed in the U.S., Since the Opening of the Philippines Office

SINGAPORE and SAN DIEGO, April 15, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today announced the launch of the newest version of its AI-powered software tailored for the consumer financing industry. The announcement marks a significant step forward in Helport AI’s mission to transform financial services through automation, real-time intelligence, and regulatory compliance.

The rollout is being led by Helport AI’s recently inaugurated Philippines office, which serves as the Company’s ‘Global Center of Excellence’ for AI operations and training. This regional hub has already completed successful pilot programs across multiple consumer financing projects, showcasing the software’s capacity to optimize collection strategies and improve customer outcomes in different regulatory environments.

“Our AI solutions are designed not only to enhance operational efficiency and accuracy, but to ensure compliance, accountability, and fairness in the consumer financing space,” said Guanghai Li, Chief Executive Officer of Helport AI. “With the Philippines as our strategic launch point, we are bringing transformative technology to one of Southeast Asia’s most dynamic financial markets, with the goal of serving customers worldwide.”

AI-Powered Transformation for Consumer Financing

Helport AI’s consumer financing solution leverages the Company’s proprietary real-time AI engine to automate core components of debt servicing and recovery, including:
- AI-Guided Conversation: real-time intelligent scripting, live customer profiling, and automated call summaries designed to increase agent accuracy and productivity, compliance, and reduced training costs.
- Real-time Compliance & Risk Management: the AI engine facilitates comprehensive regulatory compliance across customer interactions, with the aim of strengthening consumer protection, minimizing human errors, and reducing legal risks, while preserving customer trust.
- Data-driven Business Optimization: the AI engine continuously analyzes customer dialogue, feedback data, regulatory changes, and market trends to generate actionable insights and drive efficiency improvements.
By reducing manual processes, Helport AI’s platform can help lower operational costs, shorten resolution time, and support lenders in achieving higher recovery rates, while preserving customer relationships.

Driving Impact in the Philippines and Beyond

Since the opening of its Philippines office in January 2025, Helport AI has secured partnerships with three consumer financing companies – two of which are publicly listed in the U.S. – to incorporate AI-driven software into debt collection operations across Southeast Asia. Leveraging its background in financial services, Helport AI’s software has been deployed in multiple test environments across debt collection and consumer financing, generating strong performance benchmarks, including increased agent efficiency, improved customer engagement, and enhanced management oversight.

Looking Ahead

The introduction of this new software version builds upon Helport AI’s broader strategy of applying AI-driven customer contact solutions to high-impact industries such as mortgage sales, insurance, and consumer financing. With a growing global presence and a portfolio of industry-tailored AI tools, the Company continues to partner with enterprise clients seeking scalable, cost-efficient solutions.

This announcement follows a series of strategic investments by Helport AI into infrastructure and talent across Southeast Asia and North America as the Company prepares for expanded deployment in high-growth financial services markets.

About Helport AI

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

Forward-Looking Statements

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

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

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

The MIL Network –
April 16, 2025

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