NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: New Partnership Brings Solar Financing to More Homeowners Nationwide

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, April 09, 2025 (GLOBE NEWSWIRE) — ION Solar, one of the nation’s leading residential solar providers has added Sungage Financial, a trusted name in solar financing, to their business to make solar energy more accessible and affordable for homeowners across the country.

    This collaboration allows Ion Solar to offer homeowners flexible loan terms, competitive rates, and a comprehensive financing experience through Sungage. By partnering with Sungage, ION Solar enhances its ability to deliver high-quality solar solutions backed by a financing partner dedicated to supporting the growth of the residential solar industry.

    “We are excited to partner with ION Solar, a leader in residential solar and top-five installer, to make solar more accessible with simple, flexible financing,” said Mike Gilroy, CEO of Sungage Financial. “Their commitment to quality and customer experience aligns with our values and our mission to ensure more homeowners can switch to clean energy with confidence.”

    Homeowners working with ION Solar will now have direct access to Sungage’s financing platform, ensuring a straightforward and transparent loan process. Sungage’s streamlined application and approval process allows homeowners to take control of their energy future without financial roadblocks.

    “At ION Solar, we put homeowners first, and we seek partners who share that philosophy,” said Matt Rasmussen, CEO of ION Solar. “Sungage’s reputation for service excellence initially drew us in, and their wide range of competitive loan options and high approval rates made them the perfect fit. Together, we’re making it easier for more homeowners to go solar seamlessly.”

    About ION Solar:
    ION Solar is a leading full-service residential solar provider committed to delivering premium solar solutions with exceptional customer service. With a mission to help homeowners achieve energy independence, ION Solar has helped thousands of families make the switch to clean, renewable energy. Learn more: https://www.ionsolar.com/.

    About Sungage Financial:
    Sungage Financial LLC is shaping the residential solar industry by offering reliable and flexible financing solutions with low monthly payments. Sungage enables solar installers to build strong and resilient businesses while helping families save money and live more sustainably. Headquartered in Boston, MA, with offices in Oakland, CA, and teams in Hawaii and Utah, Sungage currently operates in 42 states as well as the District of Columbia. For more information, please visit https://www.sungage.com/.

    For more information, reach out to Stella Chaves at stella.chaves@sungagefinancial.com.

    The MIL Network –

  • MIL-OSI: Inspired by the First-Ever Big Screen Adaptation of the Bestselling Video Game of All Time, A Minecraft Movie Hologram Experience Launches Nationwide

    Source: GlobeNewswire (MIL-OSI)

    New York, New York, April 09, 2025 (GLOBE NEWSWIRE) — As part of the buildup to the premiere of Warner Bros. Pictures and Legendary Pictures’ A Minecraft Movie, Warner Bros. and Hologram Media Network (HMN) have created exclusive hologram content available every day at a new network of 4 Macerich Malls and 30 Simon® malls across the country and utilizes HMN’s exclusive technology partnership with Proto Hologram. The Minecraft experience and show was created by Los Angeles-based creative studio Pretty Big Monster. 

    Snapchat has also partnered with Warner Bros. and HMN to launch a collection of four AR Lens experiences, called Blockify Your World, including the innovative 3D Body Tracking lens that will debut in a one-day event at Roosevelt Field Mall in New York, and introduce four different AR Lenses inspired by the world of A Minecraft Movie directly in the Snapchat app.

    See a clip from the interactive A Minecraft Movie hologram event 

    Cameron Curtis, Executive Vice President, Global Digital Marketing at Warner Bros. Pictures said, “We are thrilled to bring A Minecraft Movie to life in a whole new way through cutting-edge holographic and AR technology. By partnering with Hologram Media Network, Pretty Big Monster, and Snapchat, we’re giving fans an immersive, interactive experience that allows them to step inside the world of A Minecraft Movie like never before. Whether through holograms at top malls or innovative AR lenses, this is an exciting way to build anticipation for the movie’s release.”

    James Andrew Felts, Founder and CEO, Hologram Media Network said, “Holographic technology gives the best storytellers in the world a brand-new canvas to reach audiences, promote new content and create deep fan relationships. With Warner Bros. and Minecraft, customers are entering a whole new world of engaging with their favorite characters and stories.”

    “Combining hologram technology with Snapchat augmented reality unlocks an exciting new world of storytelling capabilities,” said Adam Katzenback, Head of Entertainment Creative Strategy at Snap Inc. “Together, Snap, HMN, and Warner Brothers are inviting fans to literally step into the world of Minecraft in a way that’s creative and playful, just like Snapchat.”

    For Hologram Media Network distribution and ad sales contact: andrew@hologrammedia.net
    +1 818.385.5259

    For photos, videos, demonstrations, interviews and other press info contact: owen@protohologram.com 

    About Warner Bros. Pictures: Warner Bros. Pictures is a part of Warner Bros. Motion Picture Group, which also includes New Line Cinema and Warner Bros. Pictures Animation. Warner Bros. Pictures partners with the world’s most inspiring storytellers to create extraordinary entertainment on every screen for global audiences. Warner Bros. Pictures has been at the forefront of the motion picture industry since its inception and continues to be a leading creative force, producing the broadest slate of films for worldwide theatrical release. 

    About A Minecraft Movie: Warner Bros. Pictures and Legendary Pictures Present A Vertigo Entertainment/On The Roam/Mojang Studios Production, A Jared Hess Film, “A Minecraft Movie.”  The film will be distributed by Warner Bros. Pictures worldwide and by Legendary East in China, and released only in theaters and IMAX in North America on April 4, 2025, and internationally beginning 2 April 2025.

    About Hologram Media Network: Hologram Media Network is a pioneering experiential advertising platform specializing in immersive, 3D holographic experiences. With a mission to revolutionize consumer engagement in the real world, we deploy cutting-edge hologram units in high-traffic locations such as shopping malls and movie theaters. By combining innovative technology with strategic placement, we offer advertisers unparalleled opportunities to captivate audiences in dynamic, interactive ways. Our vision is to create a nationwide network of 200 premium hologram displays within two years, setting a new standard for DOOH advertising. To learn more about Hologram Media Network, visit www.hologrammedia.net

    About Proto Inc.: Proto Inc. is the patented leader in hologram technology and AI spatial computing. Proto devices and its platform are in use across enterprise, finance, healthcare, education, retail, hospitality, sports and entertainment. Invented in Los Angeles and with showrooms and distribution partners around the globe, Proto distributes the large Proto Epic and Proto Luma, the desktop-sized Proto M, and a suite of hologram AI and spatial computing services. Learn more at protohologram.com

    About Simon: Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

    About Pretty Big Monster: Pretty Big Monster is an award-winning full-service immersive digital marketing agency with capabilities including AR, VR, Websites, Social, Display, and Experiential Activations. Pretty Big Monster has strategized, designed, built, and managed all forms of content for some of the world’s most iconic brands including Warner Bros. Amazon, HBO Max, Hulu, Paramount, Netflix, NBCUniversal, Disney, and more.

    The MIL Network –

  • MIL-OSI: Pythian launches Agentspace QuickStart

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, April 09, 2025 (GLOBE NEWSWIRE) — Pythian Services Inc. (“Pythian”), a leading global services company specializing in data, analytics, and AI solutions, announced the launch of its Google Agentspace QuickStart service. This new offering is designed to provide businesses with a fast and efficient pathway to leverage the power of Agentspace, putting industry-leading AI and Google quality search to work for their enterprise. Pythian’s new Agentspace QuickStart service enables businesses to rapidly deploy Agentspace, unlocking enhanced productivity, improved decision-making, and faster accessibility to AI-curated insights grounded in enterprise data.

    “AI-powered enterprise search presents opportunities for organizations to enhance business operations and simplify access to their internal information,” said Kevin Ichhpurani, Global Partner Organization, Google Cloud. “Pythian’s Agentspace QuickStart offers a framework for organizations looking to implement Google Agentspace and understand its impact on internal productivity.”

    Powered by Google’s decades-long leadership in AI, Agentspace delivers high-quality search, insights and recommendations, driving tangible business value across numerous areas. Pythian’s Agentspace QuickStart service facilitates the creation of a unified search interface, integrating various enterprise applications and enabling a Google-like search experience with generative AI, intent-based search, conversational interfaces and clear source citations. This empowers employees to unlock enterprise expertise, search across enterprise data and public websites, and utilize expert agents for all business workflows.

    “Businesses can easily license and set up Agentspace in just four weeks with our new QuickStart service,” stated Brooks Borcherding, CEO at Pythian. “Our Agentspace QuickStart service is designed to quickly boost employee productivity and provide a clear path to the organization’s success with AI Adoption.”

    Pythian’s Agentspace QuickStart service includes a structured four-week process:

    • Discovery: establish project governance, define success criteria, and confirm technical setup. 
    • Solution design: design a solution architecture unique to the customer’s environment to meet the outlined business and technical requirements including specifics around the security and system designs, data model design, and connector configuration.
    • Solution development: Configure platforms and the identity provider for Agentspace. Configure and connect each of the identified data sources to Agentspace, ensuring each connector supports user-specific access.
    • Testing and optimization: Configure and test data source connections within Agentspace ensuring user-specific access and proper access controls. Evaluate the solution against a customer-provided dataset and refine based on feedback, with ongoing technical assistance provided throughout testing.
    • Deployment: The project will conclude with a knowledge transfer meeting to review goals, lessons learned and deliverables, including a Technical Design Document. Operational guidelines will be provided alongside regular status reports and meetings throughout the project lifecycle.

    Get started today with Pythian’s Agentspace QuickStart, and visit Pythian in booth #2787 at Google Cloud Next 25 in Las Vegas from April 9 to 11 to discuss Agentspace.

    “Agentspace enterprise search connects the hundreds to thousands of applications businesses use,” said Paul Lewis, chief technology officer at Pythian. “With Agentspace, employees have easier and faster access to information, can make better decisions with greater data accuracy and availability, enhance customer experiences by empowering customer-facing roles, and save significant developer time.” 

    Agentspace ensures data privacy with Google Cloud’s robust commitments: customers own their data, Google Cloud guards against insider access, never sells customer data and does not use customer data for model training or advertising.

    The enterprise AI adoption is undergoing a rapid transformation. AI spending has surged to $13.8 billion, an increase of 600 percent from the previous year. Enterprises are shifting from AI proof of concepts (PoC) to execution, integrating AI into their core  business strategies. 

    “One of the biggest challenges business leaders face, specifically CIOs, is delivering real results from AI investments,” said Lewis. “The AI services Pythian offers have high impact, delivering appreciated ROI to demonstrate clear business outcomes. Organizations need to demystify the complex concept of AI and think about its immediate impact, starting from within their organization.” 

    The greatest impact of AI will be to drive adoption within an organization. Pythian’s Agentspace QuickStart service aims to deliver clear improvements in productivity and employee satisfaction, driving internal demand to onboard more applications onto the platform to improve access to information and data–boosting productivity and better decision-making. 

    About Pythian

    Founded in 1997, Pythian is a leading data and AI services provider specializing in digital transformation and operational excellence for enterprise customers. We help organizations optimize their data estates, helping them to drive AI enablement, innovation, and growth. Through strategic consulting, managed services and cloud migrations, we enable cost savings, risk reduction and seamless operations while preparing businesses to adopt AI and for the future of data management. A Google Cloud Premier Partner with multiple Specializations, including Data Analytics, Marketing Analytics, Machine Learning, Data Management, Infrastructure, Cloud Migration and a certified Google Cloud MSP, we’ve delivered thousands of professional and managed services projects for leading enterprises. For more information, visit www.pythian.com or follow us on X, LinkedIn, and our Blog. 

    Pythian Media Contacts        

    Matt Malanga
    Senior Vice President, Marketing
    mmalanga@pythian.com    		 Elisabeth Grant
    Branch Out Public Relations
    egrant@branchoutpr.com
    +1 612-599-7797    		  

    The MIL Network –

  • MIL-OSI: CORRECTION — Clear Blue Technologies Completes Balance Sheet Restructuring, Strengthening Platform for Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 09, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today by Clear Blue Technologies International Inc. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF), please note the terms of the Financing Agreements with RE Royalties have been updated. The corrected release is as follows:

    Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”), a leader in Smart Power solutions for the telecom and IoT sectors, is pleased to announce the successful completion of a comprehensive balance sheet restructuring initiative.

    The global COVID-19 pandemic and subsequent macroeconomic challenges made equity financing particularly difficult for small-cap public companies. Despite this environment, Clear Blue has continued to invest in its industry-leading technology platform, strengthening its position as a market leader in Smart Power solutions.

    This ongoing commitment to R&D has required significant capital investment, resulting in a higher debt component on the Company’s balance sheet. Beginning in November 2024, Clear Blue launched a coordinated effort to restructure its financial position, working collaboratively with shareholders, lenders, customers, suppliers, and employees.

    The Company is now pleased to confirm the successful completion of this initiative. This milestone significantly enhances Clear Blue’s financial flexibility and positions the Company for long-term growth and value creation for shareholders.

    “We are proud to have the support of our stakeholders through this critical process,” said Miriam Tuerk, CEO of Clear Blue Technologies. “With a stronger financial foundation, we are well-positioned to capitalize on new opportunities and deliver on our growth strategy.”

    Outlook

    Clear Blue Technologies is seeing strong momentum entering 2025, with sales orders and pipeline activity pointing toward a return to top-line growth. Management is targeting positive EBITDA for the year, reflecting the Company’s operational progress and strategic positioning across multiple markets.

    Clear Blue benefits from a diversified global customer base across key verticals, including telecommunications in Africa—supported by strong international partners such as European satellite service providers—and smart city initiatives in North America. While the U.S. remains an important market, Clear Blue anticipates that more than 80% of its 2025 revenue will be generated from outside the United States.

    Although recent tariff changes have introduced operational complexity, the financial impact to date has been minimal due to the Company’s global diversification.

    In light of continued macroeconomic and geopolitical uncertainty, and in line with broader market practices, Clear Blue will not be providing formal forward-looking guidance at this time. The Company remains focused on execution and is committed to transparency as conditions evolve.

    The final two steps of the restructuring initiative consisted of two major developments:

    • the Company has entered into a comprehensive financing agreement with RE Royalties Ltd. (“RER”),
    • a share consolidation (the “Consolidation”) of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of one (1) post-Consolidation Common Share for every six (6) pre-consolidation Common Shares.

    Financing Agreements with RE Royalties

    Clear Blue has signed a debt conversion agreement (the “Debt Conversion Agreement”), amended and restated loan agreement, and royalties agreement with RE Royalties to convert its existing banking debt obligations into a structured package comprising equity, royalty payments, and a term loan. Under the terms of the agreements:

    1. Debt-to-Equity Conversion:
      CAD 250,000 of Clear Blue’s existing bank loan facility will be converted into 1,388,889 post-consolidation equity units. Each unit consists of one common share and one common share purchase warrant. Units are priced at CAD 0.18 per share, and each warrant is exercisable at CAD 0.30 for 24 months. The units to be issued pursuant to the Debt Conversion Agreement are subject to the final approval of the TSX-V.
    2. Royalty Financing:
      CAD 316,114 of the existing facility will be converted into a 15-year royalty of 0.75% on Clear Blue’s gross consolidated revenues, payable quarterly, with total cumulative payments capped at CAD 750,000.
    3. Term Loan:
      The remaining CAD 250,000 of the Clear Blue’s banking loan, along with an additional CAD 125,000 from RER, will be combined into a 12-month secured term loan totaling CAD 375,000, with an annual interest rate of 12%, compounded monthly and payable quarterly.

    There are no structuring, early repayment, or management fees associated with the new financing.

    Completion of Share Consolidation

    In tandem with the new financing structure, effective April 11, 2025 (the “Effective Date”) the Company will complete a consolidation of issued and outstanding common shares on the basis of one (1) post-consolidation share for every six (6) pre-consolidation shares.

    Key highlights of the consolidation include:

    • The number of outstanding shares will be reduced from 463,278,450 to 77,213,075.
    • Post-consolidation shares will commence trading on the TSX Venture Exchange on April 11, 2025 under the same ticker symbol, “CBLU”, with a new CUSIP number: 18453C404.
    • The Company’s shares also continue to trade on the Frankfurt Stock Exchange under the symbol “OYA”.

    As stated in the Company’s press release announcing the Consolidation dated January 6, 2025, no fractional Common Shares have been issued in connection with the Consolidation. The exercise or conversion price and the number of Common Shares issuable under any of the Company’s outstanding convertible securities has been proportionately adjusted in connection with the Consolidation.

    The post-consolidated Common Shares are delivered by the Company’s transfer agent to shareholders holding book shares / DRS Advice positions and their pre-consolidated shares become null and void automatically. Shareholders holding physical share certificates are required to deposit a completed Letter of Transmittal and the physical share certificates for cancellation to receive post-consolidated shares. Letters of Transmittal were mailed by the Company’s transfer agent on the Effective Date. Registered shareholders may also obtain a copy of the Letter of Transmittal by accessing the Company’s SEDAR+ profile at www.sedarplus.ca. Shareholders who hold their Common Shares through intermediaries (e.g., a broker, bank, trust company investment dealer or other financial institution) and who have questions about the Consolidation should contact their intermediaries.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    About Clear Blue Technologies International Inc.

    Clear Blue Technologies (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF) is the Smart Off-Grid™ company, delivering clean, managed, “wireless power” solutions for telecom, lighting, security, and Internet of Things (IoT) devices in over 37 countries. Clear Blue’s systems provide reliable and sustainable power in areas where traditional energy infrastructure is costly or inaccessible.

    About RE Royalties Ltd.

    RE Royalties is a leader in innovative financing for renewable energy companies, offering capital in exchange for royalties from sustainable infrastructure projects around the world.

    For More Information:

    Miriam Tuerk, Co-Founder and CEO
    +1 416 433 3952
    miriam@clearbluetechnologies.com 
    www.clearbluetechnologies.com/en/investors

    The MIL Network –

  • MIL-OSI: New AI-Powered Documentation Platform to Enhance TSplus User Experience and Accessibility

    Source: GlobeNewswire (MIL-OSI)

    PARIS, April 09, 2025 (GLOBE NEWSWIRE) — TSplus is proud to announce the launch of its newly redesigned online documentation platform, now enhanced with cutting-edge AI-powered features that make it easier than ever for users around the globe to access, search, and share information.

    This major innovation reflects TSplus’ ongoing commitment to improving the user experience by delivering intuitive solutions that hide technical complexity and make powerful software easy to use, deploy, and maintain.

    A New Era of Smarter Documentation for TSplus User

    The new TSplus Documentation is more than a facelift – it’s a complete rethinking of how users interact with support resources. Key new features include:

    • AI-powered automatic translation in 8 languages for truly global support
    • Multilingual smart search – find relevant content instantly, in your preferred language
    • Downloadable multilingual PDFs – easy sharing and offline access
    • An integrated AI Chat Assistant – get instant answers and guidance 24/7
    • Dark/Light Mode – choose your preferred reading experience
    • Enhanced code block formatting & one-click copy – faster implementation for IT professionals
    • A sleek, modern interface – faster loading, more intuitive navigation, and mobile-friendly

    These enhancements are designed to make the search for information faster and more natural; while also improving the way users can share or embed knowledge across teams, clients, and platforms.

    A New Domain for a New TSplus User Experience

    The documentation is now hosted on a new domain: https://docs.tsplus.net/

    While redirects from the old address (docs.terminalserviceplus.com) are in place, TSplus encourages users and partners to update their bookmarks and website links to ensure a seamless experience.

    Designed With the TSplus User in Mind

    This launch is the direct result of feedback from customers and partners around the world.

    “We’ve listened to our users,” says Amine Boukhari, the developer behind the project. “They needed faster access to help articles, better multilingual support, and easier ways to find and share information. This new platform delivers all that – and more.”

    The initiative perfectly aligns with the TSplus philosophy: making enterprise-grade remote access and IT management tools accessible — not just in terms of pricing and platform compatibility, but in usability. TSplus products are designed to simplify IT operations by hiding technical complexity behind clean, easy-to-use interfaces, empowering organizations of all sizes to work smarter and more efficiently.

    Download and try any TSplus software for free today: https://tsplus.net/download/

    About TSplus

    TSplus provides secure, cost-effective, and user-friendly remote access, application delivery, and system monitoring solutions to over 500,000 businesses and public organizations worldwide. With a focus on simplicity, innovation, and customer satisfaction, TSplus is redefining what remote access should look like — accessible, powerful, and easy to use.

    Press Contact:
    Caleb Zaharris
    Marketing Director – TSplus
    caleb.zaharris@tsplus.net
    www.tsplus.net

    Photos accompanying this announcement are available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b067ba37-0d40-4af7-9957-cd5b21ce5417
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4c45013c-032e-47e6-8942-abe9a0209964
    https://www.globenewswire.com/NewsRoom/AttachmentNg/9da189d7-1c01-48db-90db-33b141fd8b26
    https://www.globenewswire.com/NewsRoom/AttachmentNg/13a960b6-17d0-4e3d-87de-55c5aed24a57

    The MIL Network –

  • MIL-OSI: Hoopis Performance Network announces Strategic Partnership with Moody’s Learning Solutions to Elevate Professional Development in the Financial Services Industry

    Source: GlobeNewswire (MIL-OSI)

    Northfield, Illinois, April 09, 2025 (GLOBE NEWSWIRE) — Hoopis Performance Network (HPN), a leading provider of professional development and performance improvement solutions in the financial services industry, has announced a strategic partnership with Moody’s Learning Solutions, a global leader in financial training and education throughout the world. This collaboration aims to deliver cutting-edge educational content and training resources tailored to meet the evolving needs of financial professionals worldwide.

    Hoopis Performance Network announces Strategic Partnership with Moody’s Learning Solutions to Elevate Professional Development in the Financial Services Industry

    The partnership brings together HPN’s extensive experience in delivering practical, results-driven training solutions with Moody’s unparalleled insight in financial analysis, credit risk assessment, and market insights. By combining their strengths, the two companies will develop innovative learning solutions designed to enhance critical skills, boost productivity, and foster professional development among financial professionals.

    “We are thrilled to partner with Moody’s Learning Solutions,” said Harry Hoopis, CEO at HPN. “This collaboration aligns with our commitment to providing top-tier training and development programs that empower financial professionals to excel in an increasingly complex and competitive environment.”

    The joint solutions will include interactive courses, virtual training modules, and comprehensive certification programs that integrate real-world scenarios and industry best practices. By leveraging digital platforms and AI-driven tools, these programs will offer personalized learning experiences that adapt to the unique needs of each participant. 

    “Our partnership with HPN is an exciting opportunity to leverage both organizations’ insights to deliver impactful learning experiences to financial professionals,” said Andrew Stewart, Managing Director at Moody’s Learning Solutions. “Together, we will equip professionals with the knowledge and skills needed to navigate the financial landscape with confidence.” 

    The partnership between HPN and Moody’s Learning Solutions represents a commitment to innovation and excellence in professional development within the financial services industry. For more information on upcoming programs and initiatives, visit Moody’s Learning Solutions.

    Hoopis Performance Network

    About Hoopis Performance Network

    Hoopis Performance Network is a trusted leader in professional development, delivering training and consulting solutions to organizations worldwide. With a focus on empowering leaders, enhancing team performance, and driving sustainable growth, HPN provides cutting-edge tools and strategies for success. For more information, visit https://www.hoopis.com/

    Press inquiries

    Hoopis Performance Network
    https://www.hoopis.com/
    Grace Egan
    info@hoopis.com
    (847) 977-2632
    790 Frontage Rd #300
    Northfield, Illinois 60093

    The MIL Network –

  • MIL-OSI: Clear Blue Technologies Completes Balance Sheet Restructuring, Strengthening Platform for Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 09, 2025 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”), a leader in Smart Power solutions for the telecom and IoT sectors, is pleased to announce the successful completion of a comprehensive balance sheet restructuring initiative.

    The global COVID-19 pandemic and subsequent macroeconomic challenges made equity financing particularly difficult for small-cap public companies. Despite this environment, Clear Blue has continued to invest in its industry-leading technology platform, strengthening its position as a market leader in Smart Power solutions.

    This ongoing commitment to R&D has required significant capital investment, resulting in a higher debt component on the Company’s balance sheet. Beginning in November 2024, Clear Blue launched a coordinated effort to restructure its financial position, working collaboratively with shareholders, lenders, customers, suppliers, and employees.

    The Company is now pleased to confirm the successful completion of this initiative. This milestone significantly enhances Clear Blue’s financial flexibility and positions the Company for long-term growth and value creation for shareholders.

    “We are proud to have the support of our stakeholders through this critical process,” said Miriam Tuerk, CEO of Clear Blue Technologies. “With a stronger financial foundation, we are well-positioned to capitalize on new opportunities and deliver on our growth strategy.”

    Outlook

    Clear Blue Technologies is seeing strong momentum entering 2025, with sales orders and pipeline activity pointing toward a return to top-line growth. Management is targeting positive EBITDA for the year, reflecting the Company’s operational progress and strategic positioning across multiple markets.

    Clear Blue benefits from a diversified global customer base across key verticals, including telecommunications in Africa—supported by strong international partners such as European satellite service providers—and smart city initiatives in North America. While the U.S. remains an important market, Clear Blue anticipates that more than 80% of its 2025 revenue will be generated from outside the United States.

    Although recent tariff changes have introduced operational complexity, the financial impact to date has been minimal due to the Company’s global diversification.

    In light of continued macroeconomic and geopolitical uncertainty, and in line with broader market practices, Clear Blue will not be providing formal forward-looking guidance at this time. The Company remains focused on execution and is committed to transparency as conditions evolve.

    The final two steps of the restructuring initiative consisted of two major developments:

    • the Company has entered into a comprehensive financing agreement with RE Royalties Ltd. (“RER”),
    • a share consolidation (the “Consolidation”) of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of one (1) post-Consolidation Common Share for every six (6) pre-consolidation Common Shares.

    Financing Agreements with RE Royalties

    Clear Blue has signed a debt conversion agreement (the “Debt Conversion Agreement”), amended and restated loan agreement, and royalties agreement with RE Royalties to convert its existing banking debt obligations into a structured package comprising equity, royalty payments, and a term loan. Under the terms of the agreements:

    1. Debt-to-Equity Conversion:
      CAD 250,000 of the Bank of Nova Scotia (BNS) loan facility will be converted into 1,388,889 post-consolidation equity units. Each unit consists of one common share and one common share purchase warrant. Units are priced at CAD 0.18 per share, and each warrant is exercisable at CAD 0.30 for 24 months. The units to be issued pursuant to the Debt Conversion Agreement are subject to the final approval of the TSX-V.
    2. Royalty Financing:
      CAD 250,000 of the existing facility will be converted into a 15-year royalty of 0.75% on Clear Blue’s gross consolidated revenues, payable quarterly, with total cumulative payments capped at CAD 750,000.
    3. Term Loan:
      The remaining CAD 250,000 of the BNS loan, along with an additional CAD 125,000 from RER, will be combined into a 12-month secured term loan totaling CAD 375,000, with an annual interest rate of 12%, compounded monthly and payable quarterly.

    There are no structuring, early repayment, or management fees associated with the new financing.

    Completion of Share Consolidation

    In tandem with the new financing structure, effective April 11, 2025 (the “Effective Date”) the Company will complete a consolidation of issued and outstanding common shares on the basis of one (1) post-consolidation share for every six (6) pre-consolidation shares.

    Key highlights of the consolidation include:

    • The number of outstanding shares will be reduced from 463,278,450 to 77,213,075.
    • Post-consolidation shares will commence trading on the TSX Venture Exchange on April 11, 2025 under the same ticker symbol, “CBLU”, with a new CUSIP number: 18453C404.
    • The Company’s shares also continue to trade on the Frankfurt Stock Exchange under the symbol “OYA”.

    As stated in the Company’s press release announcing the Consolidation dated January 6, 2025, no fractional Common Shares have been issued in connection with the Consolidation. The exercise or conversion price and the number of Common Shares issuable under any of the Company’s outstanding convertible securities has been proportionately adjusted in connection with the Consolidation.

    The post-consolidated Common Shares are delivered by the Company’s transfer agent to shareholders holding book shares / DRS Advice positions and their pre-consolidated shares become null and void automatically. Shareholders holding physical share certificates are required to deposit a completed Letter of Transmittal and the physical share certificates for cancellation to receive post-consolidated shares. Letters of Transmittal were mailed by the Company’s transfer agent on the Effective Date. Registered shareholders may also obtain a copy of the Letter of Transmittal by accessing the Company’s SEDAR+ profile at www.sedarplus.ca. Shareholders who hold their Common Shares through intermediaries (e.g., a broker, bank, trust company investment dealer or other financial institution) and who have questions about the Consolidation should contact their intermediaries.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    About Clear Blue Technologies International Inc.

    Clear Blue Technologies (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF) is the Smart Off-Grid™ company, delivering clean, managed, “wireless power” solutions for telecom, lighting, security, and Internet of Things (IoT) devices in over 37 countries. Clear Blue’s systems provide reliable and sustainable power in areas where traditional energy infrastructure is costly or inaccessible.

    About RE Royalties Ltd.

    RE Royalties is a leader in innovative financing for renewable energy companies, offering capital in exchange for royalties from sustainable infrastructure projects around the world.

    For More Information:

    Miriam Tuerk, Co-Founder and CEO
    +1 416 433 3952
    miriam@clearbluetechnologies.com 
    www.clearbluetechnologies.com/en/investors

    The MIL Network –

  • MIL-OSI: Orbital Materials Partners with Civo to Pilot Data Center-Integrated Carbon Removal Technology

    Source: GlobeNewswire (MIL-OSI)

    London, UK / Princeton, NJ, April 09, 2025 (GLOBE NEWSWIRE) — Orbital Materials, a company that uses its proprietary AI platform to develop new advanced materials and technologies, and Civo, the company reimagining cloud computing, have announced a strategic partnership to pilot Orbital’s carbon removal technology at its data center and support the development of new data center decarbonization and efficiency solutions. 

    This pilot comes in the wake of global AI policy announcements, including the AI Opportunities Action Plan recently announced by the UK government.

    Data centers are currently responsible for approximately 1% of overall greenhouse gas emissions. The data center boom is projected to produce approximately 2.5 billion tons of Co2-equivalent emissions globally through the end of 2030, according to research by Morgan Stanley. 

    As part of the partnership, Civo will deploy Orbital’s carbon removal technology for data centers and support its efforts to develop new materials and technologies to improve the sustainability and efficiency of data centers. Orbital will have access to Civo’s data centers, to pilot and test these solutions.   

    “We are excited to partner with Civo to deploy our carbon removal technology for data centers which will help the data center industry transition to a more sustainable future. Our partnership with Civo will accelerate the development of our data center decarbonization and efficiency technologies,” said Jonathan Godwin, CEO and Co-Founder of Orbital.

    Orbital has already achieved a 10x improvement in the performance of its carbon capture material through the use of its AI platform – an order of magnitude faster than traditional development and breaking new ground in carbon removal efficacy. Orbital plans to deploy and test its carbon removable technology at Civo’s UK-based data center by the end of 2025. As part of the partnership, Civo will provide Orbital with a high performance compute cluster with H200 NVIDIA GPUs to support its AI model training.

    “We are thrilled to partner with Orbital Materials, a true innovator in the field of sustainable materials and technologies. Together, we can make a significant impact on reducing carbon emissions and driving a more sustainable future for our planet. With the growing investment in UK data centers and the UK government’s AI action plan, we must implement solutions now to reduce the environmental impact of the UK’s expanding data center capacity,” said Mark Boost, CEO of Civo.

    Better advanced materials, such as semiconductors, batteries, and catalysts, are the building blocks of the next generation of transformational technologies. However, the development of advanced materials and technologies has historically taken years, even decades, of slow trial and error in the lab. Orbital leverages its proprietary AI technologies at its advanced materials R&D facility in Princeton, NJ to design, develop and deploy new advanced materials and technologies faster and more accurately than is possible with human input alone. 

    This partnership marks an impactful milestone, following a recent partnership announcement with Amazon Web Services, investment from NVentures, Nvidia’s venture capital arm, and the launch of “Orb”, its open-source AI model for designing advanced materials. 

    ###

    About Orbital:
    Launched at the end of 2022, Orbital Materials (Orbital)  leverages AI to accelerate and redefine the discovery, testing, and deployment of advanced materials and technologies. Traditional methods of discovering these technologies have long relied on time-consuming trial and error processes in the lab, often resulting in years of experimentation before success is achieved. By leveraging its proprietary AI technologies at its advanced materials R&D facility in Princeton, Orbital designs, synthesizes and deploys end-to-end technologies quicker than possible with human input alone. 

    Learn more:

    About Civo:
    Civo is the cloud provider built for the cloud-native era, delivering fast, reliable, and scalable infrastructure with simplicity at its core. Offering both public and private cloud solutions, Civo ensures organizations have full control over their data while maintaining flexibility and compliance. Designed to challenge traditional cloud models, Civo prioritizes fairness, data sovereignty, and transparent pricing, enabling businesses to scale without hidden costs. Trusted by DevOps teams and enterprises worldwide, Civo provides lightning-fast Kubernetes, high-performance AI/ML GPUs, and cutting-edge managed machine learning solutions. With a commitment to sustainability and innovation, Civo empowers businesses to navigate the complexities of modern cloud computing with confidence.

    The MIL Network –

  • MIL-OSI: River releases public financials as a private bitcoin company

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, April 09, 2025 (GLOBE NEWSWIRE) — River, a leading US-based bitcoin exchange, announces the public release of its financial statements. This launch makes River the first Bitcoin-only exchange to provide its financials publicly.

    Public Financials and Proof of Reserves
    Since its founding in 2019, River has encouraged clients to self-custody or take direct ownership of their bitcoin. However, the reality is some people prefer to trust an institution with their bitcoin. As such, River has taken proactive steps to give clients the transparency they need to feel confident in its financial strength and the security of its infrastructure.

    Last fall, River launched Proof of Reserves to enable clients to verify that River holds their bitcoin in 100% full reserve. Now, River is sharing its 2024 financial statements so that clients can verify the company’s financial strength and risk-managed, long-term approach to growth. River’s founder and CEO Alex Leishman has also shared a video walking through the business’ operations.

    The Gold Standard for Financial Institutions

    Bitcoin allows us to build better institutions. Through Proof of Reserves, clients can verify that all bitcoin on River is held in full reserve custody, and all of it can be withdrawn at any time.

    However, Proof of Reserves doesn’t provide insight into the overall health of the company, as it does not include all of the company’s liabilities. It’s the combination of Proof of Reserves and Public Financials that provides clients with a true overview of the health of their financial partner.

    About River
    River is a premier US-based, bitcoin-only financial services company dedicated to providing the most secure and transparent platform for investing in bitcoin. The company is fully licensed and regulated in the United States and adheres to strict compliance standards to ensure the security and transparency of its operations.

    River was founded with a mission to build the world’s most trusted institution to empower people to take ownership of their financial lives through Bitcoin, the world’s only incorruptible digital currency. By combining robust security measures with a simple user experience, River empowers individuals and institutions to confidently manage their bitcoin investments.

    Contact Information:
    hello@river.com

    The MIL Network –

  • MIL-OSI: Completion of Societe Generale’s 872 million euros share buyback program for cancellation purpose

    Source: GlobeNewswire (MIL-OSI)

    COMPLETION OF SOCIETE GENERALE’S 872 MILLION EUROS SHARE BUYBACK PROGRAM FOR CANCELLATION PURPOSE

    Regulated Information

    Paris, 9 April 2025

    (In accordance with article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and article 3(3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures)

    Societe Generale announces the completion of its share buyback program for cancellation purpose, which began on 10 February 2025.

    22,667,515 Societe Generale ordinary shares have been purchased for a total amount of 872 million euros and will later be cancelled.

    The description and weekly information on the shares acquired in the context of this share buyback program are available on the Societe Generale website under the section Regulated Information and Other Important Information (societegenerale.com) and here below for the last buyback period.

    The liquidity contract concluded with Rothschild has also temporarily been suspended throughout the buyback period.

    Issuer name: Societe Generale – LEI O2RNE8IBXP4R0TD8PU41

    Reference of the financial instrument: ISIN FR0000130809

    Period: From 7 to 8 April 2025

    Purchases performed by Societe Generale during the period

    Aggregated presentation by day and market

    Issuer name Issuer code (LEI) Transaction date ISIN Code Daily total volume (in number of shares) Daily weighted average price of shares acquired Platform
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 7-Apr-25 FR0000130809 1 026 774 33,0597 XPAR
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 7-Apr-25 FR0000130809 548 455 33,0694 CEUX
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 7-Apr-25 FR0000130809 79 250 33,0365 TQEX
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 7-Apr-25 FR0000130809 56 437 33,0179 AQEU
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 8-Apr-25 FR0000130809 903 223 35,2255 XPAR
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 8-Apr-25 FR0000130809 390 000 35,1024 CEUX
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 8-Apr-25 FR0000130809 55 000 34,8731 TQEX
    SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 8-Apr-25 FR0000130809 40 000 34,8287 AQEU
          TOTAL 3 099 139 34,0033  

    Press contacts:

    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network –

  • MIL-OSI: Annual General Meeting 2025 Resolutions

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, April 9, 2025

    SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 9, 2025. The adopted resolutions include the re-appointment of Douglas Wood as member of the Management Board and Chief Financial Officer, as well as the re-appointment of Ingelise Arntsen as member of the Supervisory Board.

    Shareholders also voted in favor of the proposed cash dividend of EUR150 million, which represents a dividend distribution of EUR0.8606 per ordinary share. The cash dividend is payable on May 6, 2025 to all shareholders of record as at April 14, 2025 through the bank or broker administering the shares.

    ABN AMRO is responsible for executing the dividend payment on behalf of SBM Offshore and offers the Company’s shareholders the option to participate in a Dividend Reinvestment Plan (DRIP). By participating in this program, shareholders can reinvest their net dividend into shares of the Company. Further information regarding the DRIP will be made available by ABN AMRO to all financial intermediaries.

    Further details on the adopted resolutions can be found on the Company’s website. 

    Corporate Profile

    SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
    More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
    For further information, please visit our website at www.sbmoffshore.com.

    Financial Calendar   Date Year
    First Quarter 2025 Trading Update   May 15 2025
    Half Year 2025 Earnings   August 7 2025
    Third Quarter 2025 Trading Update   November 13 2025
    Full Year 2025 Earnings   February 26 2026
    Annual General Meeting   April 15 2026

    For further information, please contact:

    Investor Relations

    Wouter Holties
    Corporate Finance & Investor Relations Manager

    Media Relations

    Giampaolo Arghittu
    Head of External Relations

    Market Abuse Regulation

    This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Disclaimer

    Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.

    Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

    This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports – SBM Offshore.

    Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

    “SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

    Attachment

    The MIL Network –

  • MIL-OSI: RCI Banque: ‘’2024 ESEF Annual Financial Report is now available’’

    Source: GlobeNewswire (MIL-OSI)

    April 9th, 2025

    RCI Banque: ‘’2024 ESEF Annual Financial Report is now available’’

    The ‘’2024 Annual Financial Report’’ prepared in XHTML format filed with the AMF on April 4, 2025 is now available on the Mobilize Financial Services website www.mobilize-fs.com   

    Attachments

    The MIL Network –

  • MIL-OSI: ProVen Growth and Income VCT plc: Allotment Update

    Source: GlobeNewswire (MIL-OSI)

    ProVen Growth and Income VCT plc (the “Company”)

    Allotment Update

    09 April 2025

    On 6 November 2024, the Company and ProVen VCT plc published a prospectus (comprising a securities note, registration document and summary (the “Prospectus”)) in relation to a joint offer for subscription to raise up to £30,000,000 in aggregate by way of an issue of new ordinary shares in the Companies, with an over-allotment facility of up to a further £10,000,000 in aggregate (the “Offer”).

    The Prospectus noted that the first allotment for the 2025/2026 Offer was expected to occur on or around 11 April 2025. Given current volatility in public stock markets, the Company intends to delay the allotment date to on or around 30 April 2025.

     Beringea LLP
    Company Secretary
    Telephone 020 7845 7820

    -End-

    The MIL Network –

  • MIL-OSI: Correction: Information Relating to the Total Number of Voting Rights and Shares Forming the Share Capital

    Source: GlobeNewswire (MIL-OSI)

    Bernin, on April 9, 2025

    INFORMATION RELATING TO THE TOTAL NUMBER
    OF VOTING RIGHTS AND SHARES
    FORMING THE SHARE CAPITAL

    (Article L. 233-8 II of the French Commercial Code 
    and article 223-16 of the General Regulation of the French financial markets authority (AMF))

    This declaration cancels and replaces the previous one dated April 4, 2025

    Corporate name and address of the company: SOITEC
    Parc Technologique des Fontaines – Chemin des Franques
    38190 Bernin (FRANCE)

    Statement date Total number of shares forming the share capital Total number of voting rights
    03/31/2025 35,726,462(1) Number of theoretical (gross) voting rights (2): 45,641,575
    Number of exercisable (net) voting rights (3): 45,567,342
    1. 35,726,462 ordinary shares of €2.00 par value each, listed on the Euronext Paris regulated market under ISIN code FR0013227113 and the mnemonic “SOI”.
    1. The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with article 223-11 of the General Regulation of the French Financial Markets Authority (Autorité des Marchés Financiers – AMF), this number is calculated on the basis of all shares to which single or double voting rights are attached, including shares without voting rights (for example, treasury shares, liquidity contract, etc.).
    1. The total number of exercisable voting rights (or “net” voting rights) is calculated after taking into account the number of shares entitled to double voting rights, and after deduction of the shares without voting rights (for example, treasury shares, liquidity contract, etc.).

    #  #  #

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information visit our Website and follow us on LinkedIn and X 

    #  #  #

    Attachment

    The MIL Network –

  • MIL-OSI: SeafoodAI Secures Investment from NEC X, Accelerating AI-Powered Biometrics to Enhance Seafood Sustainability

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., April 09, 2025 (GLOBE NEWSWIRE) — NEC X, the Silicon Valley venture studio backed by NEC’s advanced technologies and global businesses, today announced a strategic investment in SeafoodAI, an innovative startup revolutionizing sustainable seafood with real-time biometric data and AI-powered traceability. The announcement coincides with SeafoodAI’s graduation from NEC X’s prestigious Elev X! Ignite program.

    CrabScan360 – Automated crab scanning and sorting system for verifiable, traceable harvests

    SeafoodAI addresses the seafood industry’s $50 billion in annual losses due to outdated, manual processes that hinder compliance, traceability and efficiency—starting with the crab fisheries sector, valued globally at $11.5 billion. Leveraging AI-powered biometric scanning technology, SeafoodAI’s flagship solution, CrabScan360, automates crab measurement, sorting and data recording, replacing error-prone manual processes. This transformative solution significantly enhances traceability, simplifies regulatory compliance and delivers precise operational insights to stakeholders across the supply chain.

    Leading retailers, including Whole Foods, Walmart and Costco, have committed to exclusively selling sustainably certified seafood by 2027 or earlier. SeafoodAI’s innovative approach enables fisheries and processors to achieve verifiable sustainability certifications rapidly, efficiently and at scale, meeting the growing demand for transparent seafood sourcing.

    SeafoodAI is revolutionizing seafood sourcing with advanced technology, enhancing sustainability and profitability through real-time data insights and instant verification.

    “Seafood sustainability is no longer optional; it’s imperative,” said Rob Terry, CEO and Founder of SeafoodAI. “With CrabScan360, we’re digitizing what was once a manual, labor-intensive process—bringing accuracy, transparency and trust directly to the seafood industry. The strategic investment and technical expertise from NEC X significantly accelerate our ability to drive meaningful change across seafood supply chains.”

    NEC X’s Elev X! Ignite program provides early-stage startups with strategic guidance, cutting-edge technology access and business resources to drive innovation. SeafoodAI directly leveraged NEC X’s expertise in image recognition and artificial intelligence, rapidly advancing its technology during the program as part of cohort Batch 9.

    “SeafoodAI represents the impactful innovation that NEC X is committed to nurturing,” said Shintaro Matsumoto, CEO of NEC X. “Their biometric scanning technology unlocks new value across seafood supply chains by addressing global challenges with scalable, AI-driven solutions. We’re excited to support SeafoodAI’s journey toward redefining seafood supply chain standards.”

    Alongside its new investment from NEC X, SeafoodAI is gaining significant momentum. The company successfully launched a beta of its field scanner, is rapidly advancing its digital logbook and is adapting its scanner for aquaculture in collaboration with the University of Mississippi. A graduate of Techstars’ Water Tech and Sustainability cohort, SeafoodAI is also part of Blue Swell’s Sea Ahead program and is working with partners like Hyperion to enhance its AI-powered seafood scanner for factory automation.

    SeafoodAI is actively collaborating with leading certification bodies and seafood industry stakeholders, including Aruna, ASIC and Where Food Comes From, to implement digital verification solutions.

    Beyond hardware, SeafoodAI is building a scalable data infrastructure—laying the groundwork for a trusted digital verification marketplace that connects harvesters, processors, regulators and retailers with real-time, actionable data. The startup is also expanding its biometric scanning innovations to additional seafood markets such as tuna, salmon and shrimp. It is in pilot discussions with government agencies and recently won the Open Sphere Startup Awards 2024.

    SeafoodAI generates revenue through a hybrid model of hardware sales and recurring SaaS subscriptions, supporting long-term growth across the $12B seafood tech market.

    For more information on SeafoodAI and its groundbreaking technology, visit https://seafoodai.com/.

    About SeafoodAI
    SeafoodAI provides AI-powered tools and technologies that enable a smarter, more connected seafood economy. Its intelligent scanners, sorters, graders, and digital logbooks help producers and processors improve efficiency while seamlessly capturing critical, verifiable data across every stage of the supply chain.

    By embedding productivity tools that enhance operations and generate ground-truth insights, SeafoodAI supports real-time traceability, streamlined compliance, and data-driven decision-making from harvest to distribution. The company’s solutions help reduce waste, accelerate sustainability certification, and unlock access to premium markets.

    With inefficiencies and data gaps costing the global seafood industry over $50 billion annually, SeafoodAI addresses a major need in an underserved, high-value sector. Its hybrid business model—combining hardware sales or leasing with recurring software subscriptions—positions the company for scalable, defensible growth.

    For more information, visit www.seafoodai.com.

    About NEC X 
    NEC X is an innovation powerhouse and curator of disruptive startups backed by the global technology leadership of NEC. Leveraging 125 years of IT and network technologies expertise, NEC X’s startup-focused approach transforms visionary ideas into commercial successes that revolutionize how we work and live. Since its inception in 2018, NEC X has helped launch and grow more than 150 startups. 

    Their Silicon Valley programs – Elev X! Ignite and Elev X! Boost – equip early-stage startup founders with the tools to fast-track their tech development and adoption. Elev X! fuels startup success from inception to launch, connecting innovators with NEC’s 45,000 patents; global network of partners, mentors and advisors; reach into 55+ international markets; and $8 billion R&D ecosystem.  

    For more information, visit https://nec-x.com and https://www.elev-x.com. 

    About NEC Corporation
    NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.

    For more information, visit NEC at https://www.nec.com.

    NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2025 NEC Corporation.

    Media Contact:

    Robert Brownlie
    Bob Gold & Associates
    310-320-2010
    necx@bobgoldpr.com

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a6b250bd-383c-4d49-a37b-ab8ff9ab56cf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/448ec661-76f6-42d4-8308-57143f629580

    https://www.globenewswire.com/NewsRoom/AttachmentNg/695be8e8-0e5b-43b9-8bd2-132300918d37

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8fc9cff2-5636-45ea-abf7-187557ca5630

    A video accompanying this announcement is available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4e9aa436-4ac8-4e5a-96d4-1eed76da5a57

    The MIL Network –

  • MIL-OSI: Nerdio Announces Annual Partner of the Year Award Winners at NerdioCon 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — Nerdio, a premier solution for organizations of all sizes looking to manage and cost-optimize native Microsoft cloud technologies, today announced the winners of its annual Partner of the Year Awards at NerdioCon. These awards recognize MSPs and enterprise partners who have demonstrated exceptional expertise, growth, and commitment to delivering cutting-edge Azure Virtual Desktop (AVD) and Microsoft 365 solutions using Nerdio’s technology.

    Nerdio’s partner-first approach sets it apart by equipping MSPs and enterprise IT teams with powerful automation, cost optimization, and streamlined management of cloud environments in Microsoft Azure. These winners exemplify what’s possible when organizations fully leverage Nerdio’s advanced capabilities to simplify and scale virtual desktop and cloud IT deployments.

    MSP Partner of the Year Winners:

    • North America Partner of the Year: Red River – Recognized for its innovative approach to delivering scalable, cost-effective cloud solutions to government and commercial customers. Red River grew its Microsoft 365 practice with Nerdio by onboarding over 200 customers, ensuring efficient endpoint management through native Microsoft technologies.
    • International Partner of the Year: Sogeti Nederland B.V. – Honored for its leadership in helping European organizations modernize their IT infrastructure with Nerdio. Sogeti grew desktops under management by over 500% last year and rapidly rolled out Intune management across its managed service customer base.
    • Growth Partner of the Year: Premier One – Awarded for its rapid expansion and public sector impact by streamlining secure, cloud-based IT environments. Premier One deployed Nerdio for over 29 customers and nearly 2,000 Azure Virtual Desktop users, realizing significant cost and time savings for IT teams.

    Enterprise Partner of the Year Winners:

    • North America Partner of the Year: Alchemy Technology Group – Recognized for its leadership in helping enterprise organizations seamlessly transition from legacy solutions to Azure Virtual Desktop. In the past year, Alchemy grew its MRR by 66% year-over-year and more than doubled deal registrations, showcasing a strong commitment to driving modernization at scale.
    • International Partner of the Year: Softcat – Honored for its continued success in empowering global enterprises to embrace Modern Work and Azure. Softcat grew its deal registrations by over 100% year-over-year and increased billings more than fourfold, reflecting its ability to deliver impactful, enterprise-grade cloud solutions with Nerdio.
    • Growth Partner of the Year: Proact UK – Awarded for its rapid growth and expanding footprint in the enterprise space. Proact saw a 40% increase in validated deal registrations and drove meaningful cloud transformation efforts by helping organizations simplify and scale cloud management with Nerdio.

    “These partners are raising the bar for how IT services are delivered in the cloud,” said Joseph Landes, Co-Founder and Chief Revenue Officer of Nerdio. “They’ve not only adopted our platform but have used it to fundamentally transform how businesses operate in the cloud—whether that’s helping enterprises modernize their workforce technology or enabling MSPs to scale their offerings with efficiency and automation. Their success is a testament to the power of strategic partnership, deep technical expertise, and a shared vision for the future of cloud IT.”

    To learn more about Nerdio’s Partner Program and how it accelerates cloud adoption, operational efficiency, and profitability, visit www.getnerdio.com.

    The MIL Network –

  • MIL-OSI: Tessell Raises $60M Series B to Expand AI-Driven Multi-Cloud Data Ecosystems

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, April 09, 2025 (GLOBE NEWSWIRE) — Tessell, the leading next-generation multi-cloud database-as-a-service (DBaaS) that enables enterprises and startups to accelerate database, data, and application modernization journeys at scale, today announced its $60 million Series B funding round, bringing total funding to $94 million. The round was led by WestBridge Capital, with continued strong participation from Lightspeed Venture Partners and new investments from B37.vc and Rocketship.vc. This capital will accelerate Tessell’s go-to-market expansion and fuel research and development in AI-powered data management within the evolving enterprise data ecosystem.

    “Enterprises today struggle with siloed data and rigid database solutions that are incomplete, lacking performance, resilience, governance, and flexibility,” said Bala Kuchibhotla, Co-Founder and CEO of Tessell. “At Tessell, we are redefining cloud data management by creating a seamless, secure, high-performant AI-driven platform that supports both operational and analytical workloads—powering a true data ecosystem. This funding enables us to scale faster and continue pioneering the future of enterprise data management.”

    “We could not be more excited to partner with Tessell to build the next generational data platform,” said Sumir Chadha, Co-founder and Managing Partner at WestBridge Capital. “Prior to Tessell, few companies could challenge incumbents in database management despite their inefficiencies. Now, enterprises are shifting to Tessell for a high-performing and cost-effective solution, spending less time managing their databases and creating more business value.”

    Tessell was created to address a fundamental challenge: while cloud adoption has surged, managing enterprise databases in the cloud remains archaic and expensive. Tessell’s fully managed, multi-cloud database platform eliminates these pain points by offering:

    • Modern cloud DB platform for AI apps with vector extensions to popular DB engines, and providing conversational query capabilities.
    • High-performance, scalable cloud database compatible with PostgreSQL and MySQL, powered by patented technology to eliminate provisioned IOPS
    • A unified control plane for seamless management of multiple cloud providers, database engines, and infrastructures
    • Comprehensive data ecosystem, connecting mission-critical operational data with analytical/decision-making systems (data lakes, warehouses)
    • Zero RPO/RTO high availability & disaster recovery services for uninterrupted operations
    • Enterprise-grade security and compliance with custom policies
    • Lift & Shine for your data estate to achieve significant TCO reduction

    “Tessell is solving one of the most pressing challenges today in enterprise cloud adoption: data fragmentation and inefficiency,” said Rishit Desai, Partner at WestBridge Capital. “Their platform brings unprecedented performance, flexibility, and automation to AI-powered database management, helping enterprises unlock the full potential of their data. We’re thrilled to support their next phase of growth.”

    Tessell has already built an enterprise-grade cloud database service and data ecosystem with a consumer-grade interface. Now, it is advancing these solutions through AI and Conversational Data Management (CoDaM), allowing enterprises to manage and interact with their data through an intuitive, conversation-grade experience. This funding will accelerate the development of AI-driven capabilities that make data management more accessible, intelligent, and interactive, empowering businesses to seamlessly harness the full potential of their data through natural, AI-powered interactions.

    “We are just getting started,” added Kuchibhotla. “This funding marks a major milestone, but it’s only the beginning of our journey. The future of enterprise data management is being rewritten, and we’re excited to be a part of that driving force. We will make it “Conversational”, “Affordable”, and “Prescriptive”, defying CAP theorem for enterprise data management. With AI at the core of our platform, we’re making data more accessible, more powerful, and more intuitive than ever before. The opportunities ahead are limitless, and we can’t wait to continue pushing the boundaries of what’s possible for our customers.”

    For more information about Tessell and its DBaaS solutions, visit https://www.tessell.com/.

    About Tessell
    Tessell is a multi-cloud DBaaS platform redefining enterprise data management with its comprehensive suite of AI-powered database services. By unifying operational and analytical data within a seamless data ecosystem, Tessell enables enterprises to modernize databases, optimize cloud economics, and drive intelligent decision-making at scale. Through AI and Conversational Data Management (CoDaM), Tessell makes data more accessible, interactive, and intuitive, empowering businesses to harness their data’s full potential easily.

    About WestBridge Capital
    WestBridge Capital is a global investment firm with over $7 billion in assets under management and offices in Silicon Valley, Bangalore, and Mauritius. For over 20 years, WestBridge has partnered with transformative entrepreneurs at every stage across both private and public markets. WestBridge’s long-term investment approach is enabled by the fund’s unique evergreen and crossover structure, allowing for partnerships that span decades. WestBridge has a long-standing track record of leading investments and advising companies as their largest institutional partner. Some notable investments in the US include Innovaccer, Turing, zScaler, and Freshworks. For the full portfolio and more information, visit www.westbridgecap.com.

    Media Contact
    Len Fernandes
    Firecracker PR for Tessell
    len@firecrackerpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dfb2c0bf-d94c-4cf2-bf5d-4bded68997f0

    The MIL Network –

  • MIL-OSI: Energys Group Signs Memorandum of Understanding to Acquire 49% Interest in Energy Services Company Operating in Hong Kong

    Source: GlobeNewswire (MIL-OSI)

    BILLINGSHURST, WEST SUSSEX, UNITED KINGDOM, April 09, 2025 (GLOBE NEWSWIRE) — Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”), a vertically integrated energy efficiency and decarbonization solutions provider for the built environment, today announced that it has entered into a non-binding Memorandum of Understanding (MOU) to acquire a 49% equity interest in Energys Spectrum Limited (the “Target Company”), a Hong Kong-based energy-saving technologies and services provider.

    The Target Company specializes in providing end-to-end retrofitting solutions aimed at reducing energy consumption, carbon emissions, and operating costs for both public and private sector clients. As the exclusive licensee of Energys Group in Hong Kong and Macau, the Target Company actively promotes the Energys brand by procuring products and solutions from the Company’s wholly-owned operating subsidiary and recommending them to its clients.

    The MOU is non-binding and remains subject to the negotiation and execution of a definitive agreement and customary closing conditions. The consideration for the shares to be purchased by the Company will be determined with reference to the valuation of the shares as determined by a professional valuator to be engaged by the Company, and is subject to negotiation between the parties. Among other conditions, the acquisition of the shares is contingent on (i) the Company and the Target Company having agreed on the purchase price for the shares; and (ii) the Company being satisfied with the results of its due diligence review of the Target Company’s financial position and business condition.

    The Company has paid a refundable deposit of US$5.5 million, which will be applied towards the purchase price of the shares, unless it is forfeited due to the Company not having fulfilled its obligations under the MOU. The MOU provides that the acquisition is to be consummated no later than December 31, 2025.

    Upon completion, the acquisition is expected to further strengthen the Company’s presence and competitiveness in the Hong Kong and Macau markets, while securing higher margins from product and solution sales to the Target Company.

    Michael Lau, Executive Director and Chief Technology Officer of Energys Group Limited, commented, “We are delighted to have reached an MOU with our key partner in Hong Kong. If the acquisition is completed, it is expected to further strengthen Energys’ brand profile in the regional market. It is also expected to generate a financial return through increasing product adoption and expanding margins as a result of value chain consolidation and streamlined operations. We hope that this will be the first of many acquisitions, and we will continue to accelerate regional decarbonization efforts while driving shareholders’ return.”

    About Energys Group

    Founded in 1998 as an energy conservation consultancy, Energys Group has since transitioned into a vertically integrated energy efficiency and decarbonization solutions provider for the built environment. Serving organizations from both the private and public sectors, including schools, universities, hospitals, and offices, primarily in the UK, the Company’s vision is to deliver innovative solutions that reduce carbon emissions, lower costs, and support the Net Zero agenda – alongside improving the wellbeing of building users within the built environment.

    Forward-Looking Statements

    All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:
    DLK Advisory
    Phone: +852-2857-7101
    Email: ir@dlkadvisory.com

    The MIL Network –

  • MIL-OSI: Ageas publishes its 2024 reports

    Source: GlobeNewswire (MIL-OSI)

    Ageas publishes its 2024 reports

    Ageas has today released its 2024 Annual Reporting, including the Report of the Board of Directors, the Ageas Consolidated Financial Statements, and the 2024 Statutory Accounts of ageas SA/NV. The reporting was prepared for the first time in accordance with the Corporate Sustainability Reporting Directive and the associated European Sustainability Reporting Standards.

    The reports as well as additional information on the Group’s 2024 performance, highlighting the accomplishments of Ageas’s businesses and expanding on the conclusion of its strategic plan Impact24 are available on the Ageas website: ageas.com/en/annual-report-2024

    The annual results for 2024 were published on February 27, 2025.

    Ageas is a listed international insurance Group with a heritage spanning 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of more than EUR 18.5 billion in 2024.

    Attachment

    The MIL Network –

  • MIL-OSI: Locus Technologies Reaches PFAS Tracking Milestone with 3 Million Records

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the leader in sustainability and Environmental Health and Safety (EHS) compliance software, announced that as of today, Locus clients have collectively contributed 3,000,000 validated Per- and Polyfluoroalkyl Substances (PFAS) records to the company’s environmental database, making it the most extensive real-time, aggregated global analytical and geospatial PFAS information source. The records are secured in Locus’s sophisticated, multitenant SaaS database.

    Locus’s expansive PFAS dataset includes all 430 chemicals identified in the US Environmental Protection Agency (EPA) PFAS inventory, collected from 38,553 global sites, predominantly in the United States. By combining advanced geographic information system (GIS) tools and artificial intelligence (AI)-driven analytics, Locus provides unmatched capabilities for identifying contamination sources, tracking environmental accumulations in water, soil, and living organisms, and visualizing critical “hot spots” for strategic remediation.

    “This milestone underscores our commitment to advancing environmental safety through technology innovation,” said Neno Duplan, founder and CEO of Locus Technologies. “Our multitenant SaaS infrastructure uniquely positions Locus as the only platform capable of aggregating, analyzing, and reporting critical PFAS data in real-time. With three million records, we’ve reached an unprecedented capability for understanding and managing this global health threat.”

    Locus Technologies’ multitenant SaaS platform enables individual organizations to securely manage and report their PFAS sampling data and compliance requirements while gaining broader insights from aggregated data. The company’s unique software architecture empowers clients to stay ahead of stringent regulatory frameworks, including emerging EU directives and global ESG reporting demands, while ensuring the absolute privacy of their proprietary information.

    “Emerging research indicates the PFAS health crisis will be more significant than Asbestos, lead, and tobacco combined. Empowering organizations to effectively track and manage this data is imperative,” said Duplan. By leveraging the real-time analytical power of Locus, utilities, government agencies, and enterprises can proactively manage PFAS risks, streamline regulatory compliance, and safeguard public health and environmental ecosystems worldwide.

    To learn more about Locus Technologies, please visit locustec.com.

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

    Media Contact:
    Brenda Mahedy
    Locus Technologies
    media@locustechnologies.net

    The MIL Network –

  • MIL-OSI: SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2025-1

    Source: GlobeNewswire (MIL-OSI)

    Press release
    09 April 2025 – N° 07

    SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2025-1

    SCOR has successfully sponsored a new catastrophe bond (“cat bond”), Atlas Capital DAC Series 2025-1, which will provide the Group with multi-year risk transfer capacity of USD 240 million to protect itself against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms. The risk period for Atlas Capital DAC Series 2025-1 will run from 1 June 2025 to 31 May 2028. The transaction has received the approval of the Irish regulatory authorities. The cat bond offering integrates ESG-related considerations to support investors’ due diligence.

    The cat bond was priced on 3 April 2025 with an interest spread of 7.25% and was issued on 9 April 2025. Atlas Capital DAC Series 2025-1 was well received and benefited from high investor demand. GC Securities1 acted as Sole Structuring Agent and Sole Bookrunner for the deal. Willkie Farr and Walkers advised SCOR as legal counsels.

    Atlas Capital DAC Series 2025-1 is an aggregate, index-based trigger cat bond issued by Atlas Capital DAC, a multi-arrangement special purpose vehicle approved in Ireland under Solvency II. This vehicle was created in 2023 for the Series 2023-1 cat bond issuance, and it may be utilized by the Group to sponsor cat bonds covering various perils in both L&H and P&C. The benefits of this vehicle were again visible this year, as it allowed for a fast and cost-effective issuance process. In particular, the transaction was offered to investors around two months in advance of the start of the risk period, allowing SCOR to benefit from the currently favorable conditions in the cat bond market.

    The size of the Series 2025-1 issuance is in line with the Group’s cat exposures and with its retrocession strategy under the Forward 2026 strategic plan, which identifies risk partnerships – including capital market solutions like cat bonds – as one of the Group’s levers for value creation.

    François de Varenne, Group CFO and Deputy CEO of SCOR, comments: “SCOR is pleased to sponsor a new cat bond this year, securing multi-year protection against peak natural perils from the ILS market at favorable pricing conditions. SCOR has been a regular sponsor of cat bonds over the last 25 years, and we are delighted by the strong and continued investor demand, as cat bonds remain an integral part of our risk partnerships strategy under the Forward 2026 plan. We are also very pleased with the efficiency gains made by reusing Atlas Capital DAC for a third year.”

    *

    *            *

    SCOR, a leading global reinsurer

    As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

    The Group generated premiums of EUR 20.1 billion in 2024 and serves clients in more than 150 countries from its 37 offices worldwide.

    For more information, visit: www.scor.com

    		 Media Relations
    Alexandre Garcia
    media@scor.com

    Investor Relations

    Thomas Fossard
    InvestorRelations@scor.com

    Follow us on LinkedIn
     

    All content published by the SCOR group since January 1, 2024, is certified with Wiztrust. You can check the authenticity of this content at wiztrust.com.

    Forward-looking statements

    This press release may include forward-looking statements, assumptions, and information about SCOR’s financial condition, results, business, strategy, plans and objectives, including in relation to SCOR’s current or future projects.

    These statements are sometimes identified by the use of the future tense or conditional mode, or terms such as “estimate”, “believe”, “anticipate”, “expect”, “have the objective”, “intend to”, “plan”, “result in”, “should”, and other similar expressions.

    It should be noted that the achievement of these objectives, forward-looking statements, assumptions and information is dependent on circumstances and facts that arise in the future.

    No guarantee can be given regarding the achievement of these forward-looking statements, assumptions and information. These forward-looking statements, assumptions and information are not guarantees of future performance. Forward-looking statements, assumptions and information (including on objectives) may be impacted by known or unknown risks, identified or unidentified uncertainties and other factors that may significantly alter the future results, performance and accomplishments planned or expected by SCOR.

    In particular, it should be noted that the full impact of the inflation and geopolitical risks including but not limited to the Russian invasion and war in Ukraine on SCOR’s business and results cannot be accurately assessed.

    Therefore, any assessments, any assumptions and, more generally, any figures presented in this press release will necessarily be estimates based on evolving analyses, and encompass a wide range of theoretical hypotheses, which are highly evolutive.

    These points of attention on forward-looking statements are all the more essential that the adoption of IFRS 17, which is a new accounting standard, results in significant accounting changes for SCOR.

    Information regarding risks and uncertainties that may affect SCOR’s business is set forth in the 2024 Universal Registration Document filed on 20 March 2025, under number D.25-0124 with the French Autorité des marchés financiers (AMF) posted on SCOR’s website www.scor.com.

    In addition, such forward-looking statements, assumptions and information are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980.

    SCOR has no intention and does not undertake to complete, update, revise or change these forward-looking statements, assumptions and information, whether as a result of new information, future events or otherwise.

    Disclaimer

    This communication does not constitute or form part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for the securities mentioned herein in any jurisdiction. The securities mentioned herein have not been, and will not be, registered under the Securities Act, and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act. Atlas Capital DAC and the securities mentioned are not and will not be registered under the U.S. Investment Company Act of 1940, as amended.

    Rule 144A offerings are offerings of securities conducted on a private placement basis for the purposes of the U.S. Securities Act of 1933, as amended (the “Securities Act”) and that limit initial distribution and secondary sales of the securities to entities that are Qualified Institutional Buyers as defined in Rule 144A under the Securities Act. The offering of securities in a Rule 144A offering does not require registration of the issuer or the securities with the U.S. Securities Exchange Commission.

    Catastrophe bond transactions provide sponsoring insurers and reinsurers protection against catastrophe risks through the release to the sponsor of a portion or the whole principal amount upon the occurrence of pre-defined events (namely triggers). Triggers can be determined in different ways: an industry loss trigger provides for payment once the losses to the industry generated by specific natural events (typically) are higher than a certain specified amount provided for in the terms of the transaction.

    1 GC Securities is a division of MMC Securities LLC, a US registered broker-dealer and member of FINRA/NFA/SIPC.

    Attachment

    The MIL Network –

  • MIL-OSI: Coface SA: Combined Shareholders’ Meeting on Wednesday, May 14, 2025 at 02.00pm

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Combined Shareholders’ Meeting on Wednesday, May 14, 2025
    at 02.00pm

    Paris, April 9, 2025 – 17.45

    COFACE SA’s shareholders are hereby informed that the Combined Shareholders’ Meeting will be held on Wednesday, May 14, 2025 at 02.00pm at the Group’s headquarters and registered office:

    1 Place Costes et Bellonte

    92270 Bois-Colombes – France

    The notice of meeting containing the agenda and draft resolutions was published in the Bulletin des Annonces Légales Obligatoires (French Bulletin of Mandatory Legal Notices – BALO) No.42 on 7 April 2025 (announcement No. 2500820).

    Shareholders may attend the meeting regardless of the number of shares they own, under the conditions described in the notice of meeting.

    We advise the shareholders to:

    • To vote on the resolutions by post or online, using either the postal voting form or the Votaccess platform. They can also appoint the Chairman of the Shareholders’ Meeting to represent them.
    • To submit written questions by registered letter with acknowledgement of receipt at: COFACE SA, for the attention of the Investors Relations department, 1 place Costes et Bellonte, 92270 Bois-Colombes, France or electronically to the following address: investors@coface.com on May 8, 2025, at the latest. To be taken into account, these questions must be accompanied by a book-entry certificate justifying the share ownership.

    All documents that must be disclosed for this Shareholders’ Meeting will be available to the shareholders, within the legal deadlines, on COFACE SA institutional website (www.coface.com) and more precisely under “Investors/General Assembly” (https://www.coface.com/investors/regulated-information/documents-relating-to-the-general-assembly)

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 3 April 2025 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: Capgemini expands strategic partnership with Google Cloud to revolutionize CX across industries with agentic AI

    Source: GlobeNewswire (MIL-OSI)

    Press contact:
    Mollie Mellows
    Tel.: + 44 (0) 7342 709384
    E-mail: mollie.mellows@capgemini.com

    Capgemini expands strategic partnership with Google Cloud to revolutionize CX across industries with agentic AI

    Paris, April 9, 2025 – Capgemini today announced a strategic agentic AI initiative with Google Cloud to transform customer experience (CX) into a key value driver for clients. Building on its existing partnership, Capgemini will create industry-specific agentic AI solutions designed to handle customer requests across all communication channels (web, social, phone etc.) and improve employee productivity. Underpinned by Google Cloud’s AI technology, Capgemini will develop bespoke solutions designed to enhance customer services with intelligent automation and deep customer insights, enabling organizations to deliver more personalized, efficient, and effective CX to elevate brand perception, increase loyalty, and drive revenue growth. 

    A recent report by the Capgemini Research Institute found that although customer service is considered strategically important, less than half of organizations feel prepared to integrate AI and generative AI into the function.1 Recognized as the Global Industry Solution Partner of the Year 2025 by Google Cloud, Capgemini will combine its deep industry expertise and technical capabilities to develop solutions powered by Google Agentspace and Customer Engagement Suite with Google AI. This will accelerate adoption of secure, trusted agentic AI capabilities that are interoperable with a client’s existing technology infrastructure and can support a variety of industry and regulatory needs. The agentic AI solutions will be designed to significantly optimize business processes and unlock commercial value by enhancing organizations’ own search capabilities, automating complex workflows, as well as understanding and proactively anticipating customer needs.

    “Capgemini is entering the next phase of its strategic partnership with Google Cloud and this new collaboration focuses on driving revenue for our clients by elevating customer service to a strategic value driver in industries where CX is paramount,” said Fernando Alvarez, Chief Strategy and Development Officer and Group Executive Board Member at Capgemini. “The customer service function is undergoing a transformative shift as business leaders increasingly recognize its importance in unlocking commercial potential. Agentic systems can play a key role in this, and the future of customer service will require a strategic blend of human and virtual agents, enhanced by generative and agentic AI. By understanding the potential of agentic AI and the business realities of our clients, we’re expertly placed to maximize its value and deliver genuine impact.”

    “Businesses require a combination of technical expertise and advanced technology to fully realize the benefits of agentic AI within their current IT infrastructure. Through Agentspace and our new Agent2Agent interoperability protocol, our partnership with Capgemini will provide clients with AI solutions that drive long-term value across industries,” said Kevin Ichhpurani, President, Global Partner Organization, Google Cloud.

    Primarily focused on telco, retail, and financial services, the partnership is intended to expand into further industries such as life sciences and utilities, with a goal of accelerating business outcomes by enabling customer services transformation. This includes areas such as:

    • Improving productivity in telco: New solutions to optimize call routing and resolution in contact centers by leveraging conversational AI to improve intent and understanding, increase call containment and assist agents. Organizations can benefit from reduced handling time and improved first-call resolution rates, while human agents are freed-up to focus on higher value tasks. Capgemini’s research finds that around 9 in 10 organizations using gen AI are already seeing improved first contact resolution rates or expecting to see this benefit in the future.1
    • Personalizing CX in retail: AI agents to help better personalize shopping experiences by using AI to analyze customer data and provide tailored product recommendations, promotions, and support interactions across all channels (online, in-store, mobile). 
    • Enhancing security in financial services Using Google Cloud’s AI, financial services clients can improve risk assessment and fraud detection with agents that analyze customer transactions and identify suspicious patterns, improving security and regulatory compliance.

    Google Cloud’s new Agent2Agent interoperability protocol will enable AI agents to successfully communicate with one another, safely exchange information, and coordinate actions no matter which platform they are running on or built on top of. As agentic AI becomes more widely adopted, this protocol will ensure agent functionality across diverse and separate data sources and applications.

    Google Cloud recognizes Capgemini as a trusted partner for driving clients’ large-scale transformation, with the company winning three Google Cloud Partner of the Year awards in 2025. The awards celebrate Capgemini’s expertise in creating compelling solutions that make an impact for joint clients worldwide:

    • Global Industry Solutions Partner of the Year
    • Global Industry Solutions Partner of the Year for Sustainability
    • Country Partner of the Year in Denmark

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
    Get The Future You Want | www.capgemini.com

    1 “Unleashing the value of customer service: The transformative impact of Gen AI and Agentic AI”, Capgemini Research Institute, March 2025

    Attachment

    The MIL Network –

  • MIL-OSI: Treasury Bond Auction Announcement – RIKB 26 1015 – RIKB 35 0917 – Switch Auction or Cash payment

    Source: GlobeNewswire (MIL-OSI)

    Series RIKB 26 1015 RIKB 35 0917
    ISIN IS0000034874 IS0000035574
    Maturity Date 10/15/2026 09/17/2035
    Auction Date 04/11/2025 04/11/2025
    Settlement Date 04/16/2025 04/16/2025
    10% addition 04/15/2025 04/15/2025
     
    Buyback issue RIKB 25 0612  
    Buyback price (clean) 99.9500  

    On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

    Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

    Payment in cash for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date. If payment is made with the Buyback issue, a notification of the amount must be received no later than by 14:00 on the Auction Date. In that case, the value of the Buyback bond is determined by the Buyback price plus accrued interest (i.e. dirty price).

    No fee is paid in relation to the purchase of RIKB 25 0612.

    Further reference is made to the description of the Treasury bond and the General Terms of Auction of Treasury Bonds.

    For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

    The MIL Network –

  • MIL-OSI: CallRevu Launches RecruitTrack: A Smarter, Data-Driven Solution for Automotive Hiring

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — CallRevu, the industry leader in automotive communication solutions, proudly announces the release of RecruitTrack, a transformative new tool designed to streamline hiring processes and reduce employee turnover for dealerships. By expanding its platform capabilities to include recruiting intelligence, CallRevu now empowers dealers to hire smarter and train more effectively through an integrated workflow with TestTrack.

    Recruit Smarter. Train Smarter. Perform Better.
    RecruitTrack is built to help dealerships evaluate candidates with greater consistency and precision—ultimately improving hiring outcomes. By bringing data and structure to the recruitment process, RecruitTrack ensures that the right candidates are hired and supported with tailored development from day one.

    Key Capabilities:

    • Rapid Candidate Creation: Quickly create Candidate user profiles for seamless onboarding into the evaluation process.
    • Custom Challenge Assignments: Assign targeted challenges to assess key competencies relevant to each role.
    • Progress Monitoring: Track Candidate completion rates and activity within the platform.
    • Performance Evaluation: Gain insights into Candidate aptitude and readiness with consistent, data-backed evaluation tools.
    • Flexible Workflow Integration: Designed to support a variety of interview structures and recruitment strategies.

    “RecruitTrack marks a critical evolution in how dealerships can think about talent acquisition,” said Ben Chodor, CEO at CallRevu. “We’re giving our partners the ability to self-remediate hiring challenges with tools that not only help identify the right people but also set them up for success immediately through integrated, prescriptive training.”

    RecruitTrack complements CallRevu’s existing suite of performance and communication tools, providing a unified approach to improving every stage of the employee lifecycle—from hiring through development.

    About CallRevu
    Originating from within a dealership, our platform offers unified solutions designed specifically for the automotive industry. Our capabilities start from the origin with a comprehensive hosted phone system, call monitoring & tracking, performance training, and reputation management, all driven by real-time data and analytics.

    By transforming each interaction into valuable analytics and actionable insights, we empower our partners to make informed decisions, streamline operations, accelerate revenue growth, and cultivate customer excellence. 

    Media Contact: 
    corp.comms@callrevu.com 
      
    For more information visit www.callrevu.com. 

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3030790b-d6c7-4dc2-8ba5-3cd962c64129

    The MIL Network –

  • MIL-OSI: Solix Raises $29.5M to Revolutionize Decentralized Internet Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    MUNICH, Germany, April 09, 2025 (GLOBE NEWSWIRE) — Solix DePIN, a pioneer in decentralized physical infrastructure networks, has secured $29.5 million in funding from Eclip Foundation. This investment will accelerate the development of Solix’s groundbreaking MODEL CONTEXT PROTOCOL (MCP) technology, which enables intelligent bandwidth sharing without affecting users’ internet experience.

    Founded with the mission to transform how internet bandwidth is shared and monetized, Solix has created a platform where users can contribute their unused bandwidth and earn rewards through a simple browser extension. This approach addresses critical challenges in today’s internet landscape, including bandwidth inequality and inefficient resource allocation.

    “We designed Solix with simplicity and accessibility as core principles,” said David Rodriguez, CEO of Solix DePIN. “By removing technical barriers to entry, we’re enabling anyone with an internet connection to participate in the decentralized economy and be rewarded for sharing resources they already have.”

    The MODEL CONTEXT PROTOCOL at the heart of Solix’s technology represents a significant advancement in the DePIN space. This innovative protocol connects AI models to real-time contextual data about internet usage, allowing for dynamic, intelligent decision-making on bandwidth allocation. Unlike traditional bandwidth sharing solutions that operate on fixed rules, MCP ensures that users’ internet experience remains uncompromised.

    Our MODEL CONTEXT PROTOCOL implementation is what truly sets Solix apart in the DePIN ecosystem,” explained Emily Richardson, Chief Technology Officer at Solix. “MCP allows for sophisticated real-time analysis of bandwidth availability, creating an optimal balance between sharing resources and maintaining exceptional user experience.”

    The company’s user-friendly approach has driven impressive adoption metrics. Solix currently boasts over 100,000 active users across more than 63 countries, processing approximately 275 TB of data daily. These figures demonstrate both the robust infrastructure and growing demand for decentralized bandwidth solutions.

    Eclip Foundation, known for backing transformative Web3 technologies, recognized Solix’s potential to reshape internet resource distribution. “Solix represents exactly the kind of innovation we aim to support – solutions that combine technical excellence with practical utility and broad market potential,” said James Wilson, Managing Partner at Eclip Foundation.

    The $29.5 million investment will fund several key initiatives on Solix’s roadmap. These include enhancing the core technology, expanding global reach, and introducing advanced features such as smart bandwidth allocation and AI-powered network optimization. The company also plans to establish strategic partnerships with cloud service providers and content delivery networks to create broader use cases for its decentralized bandwidth marketplace.

    As internet bandwidth demands continue to grow exponentially with the rise of AI, streaming services, and IoT devices, Solix’s decentralized approach offers a scalable and sustainable alternative to traditional bandwidth provisioning. The platform’s ability to dynamically adjust to network demands ensures optimal performance while maximizing rewards for contributors.

    Participating in the Solix network is straightforward – users simply download and activate the Solix browser extension. Once running, the extension intelligently allocates a portion of the user’s unused bandwidth to the network, automatically earning them SLIX Points for their contribution.

    With this significant funding round, Solix is positioned to lead the next wave of innovation in decentralized infrastructure, creating a more accessible, efficient, and equitable internet experience for users worldwide.

    About Solix DePIN

    Solix DePIN is a decentralized physical infrastructure network enabling users to share and monetize their excess bandwidth. As the first DePIN project implementing MODEL CONTEXT PROTOCOL (MCP), Solix creates a more accessible, efficient, and equitable internet experience. Solix is committed to building a user-centric sharing economy for digital resources.

    Media Contact:
    Company Name: Solix DePIN
    Contact Person: Leo Bennett
    Email: business@solixdepin.net  
    Twitter: https://x.com/solix_depin
    Discord: https://discord.gg/solixdepin
    Website: https://solixdepin.net

    SOURCE: Solix DePIN

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cfefada4-59af-416a-9bbf-1083025c7ea3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/06e89a86-bc69-45c0-a3d1-314d8316a81c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dbca1a80-0529-4b74-871d-a2d35ba8a2d0

    The MIL Network –

  • MIL-OSI: ProVen VCT plc: Allotment update

    Source: GlobeNewswire (MIL-OSI)

    ProVen VCT plc (the “Company”)

    Allotment Update

    09 April 2025

    On 6 November 2024, the Company and ProVen Growth and Income VCT plc published a prospectus (comprising a securities note, registration document and summary (the “Prospectus”)) in relation to a joint offer for subscription to raise up to £30,000,000 in aggregate by way of an issue of new ordinary shares in the Companies, with an over-allotment facility of up to a further £10,000,000 in aggregate (the “Offer”).

    The Prospectus noted that the first allotment for the 2025/2026 Offer was expected to occur on or around 11 April 2025. Given current volatility in public stock markets, the Company intends to delay the allotment date to on or around 30 April 2025.

    Beringea LLP
    Company Secretary
    Telephone 020 7845 7820

    -End-

    The MIL Network –

  • MIL-OSI: BAR Technologies Announces Wind Propulsion Strategy Amid Geopolitical Setbacks at IMO Talks

    Source: GlobeNewswire (MIL-OSI)

    Portsmouth, Hampshire , April 09, 2025 (GLOBE NEWSWIRE) — BAR Technologies, a leading developer of wind propulsion solutions for the maritime sector, today announced a strategic wind propulsion initiative in response to mounting geopolitical tensions at the International Maritime Organization (IMO) climate talks. The announcement follows the United States’ formal withdrawal from emissions negotiations, prompting BAR Technologies to call on the global shipping industry to accelerate the adoption of proven, scalable decarbonisation technologies.

    John Cooper CEO BAR Technologies

    As reported by TradeWinds yesterday (8 April), the Trump administration has formally withdrawn the United States from climate policy negotiations at the International Maritime Organization (IMO), raising the stakes for international shipping’s decarbonisation efforts. BAR Technologies today issued a call for the global maritime sector to double down on credible, proven solutions such as wind propulsion, in light of the growing uncertainty around global emissions policy.

    The withdrawal, confirmed via diplomatic communication to other IMO delegations, expressed strong opposition to the economic measures under discussion, including the proposed levy on greenhouse gas emissions and a mandatory fuel standard. The US statement described the IMO’s net zero ambitions as economically burdensome and reliant on what it characterised as “unproven fuels” while warning of potential retaliatory measures against any charges imposed on US-flagged vessels.

    Reacting to these developments, BAR Technologies’ CEO John Cooper stressed that the industry must not allow political turbulence to derail progress towards shipping’s climate goals. He stated that wind propulsion remains an essential, deployable technology that can provide immediate and scalable emissions reductions, regardless of the regulatory headwinds.

    “This latest development only sharpens the industry’s need to prioritise solutions that are already available and proven in operation,” Cooper said. “Wind propulsion is a tried and tested method of reducing fuel consumption and emissions. It is inherently zero-emission, freely available, and requires no external supply chain. With WindWings®, we’ve demonstrated that wind-assisted propulsion solution is not a theoretical concept but a working solution that can deliver commercial and environmental benefits right now.”

    BAR Technologies has long championed wind as a central pillar of shipping’s decarbonisation strategy, particularly as fuel markets remain volatile and regulatory alignment proves difficult. With vessels already operating with WindWings® installed, the company believes the maritime sector has a clear opportunity to take ownership of its decarbonisation pathway, using technologies that are resilient to the kind of geopolitical shifts currently playing out on the global stage.

    As the IMO’s Marine Environment Protection Committee continues its high-stakes negotiations this week in London, BAR Technologies urges policymakers and industry leaders alike to acknowledge the unique potential of wind propulsion, not only as a bridge to cleaner fuels but as a cornerstone of energy transition in its own right.

    Wind remains the only energy source that can be captured and used directly onboard a ship without mining, refining, bunkering, or storing. In a time when consensus is difficult and timelines are tight, wind propulsion stands out as an immediate, inclusive and scalable solution.

    WindWings® are built on BAR Technologies’ patented three-element wing design, delivering 2.5 times more lift than traditional single-element configurations, reducing CO2 emissions by an average of 4.7t per day per wing This advanced design provides greater thrust and adaptability, enabling consistent performance across global trade routes. By unlocking the full potential of wind, a limitless, natural and zero-emission resource, WindWings® elevate wind from a supplementary aid to a primary propulsion method, offering ship operators a practical and immediate pathway to reduce fossil fuel dependency while enhancing operational resilience.

    About BAR Technologies

    With an impressive heritage, having spun out of Great Britain’s former America’s Cup Team, BAR Technologies provides a wide range of design and engineering consultancy services across commercial ships, workboats, leisure boats, and engineered solutions. The company boasts a team of world-leading naval architects, optimisation specialists, fluid dynamists, and system engineers, all focused on delivering next-generation maritime technology. BAR Technologies patented three-element wing design is unique in the marketplace, delivering 2.5 times the lift of a single-element wing. Unlike conventional wind-assisted propulsion systems, WindWings® require no continuous power for suction fans or mechanical spinning. They automatically adjust camber and angle of attack for optimised efficiency, offering a proven, scalable solution for emissions reduction.

    Press inquiries

    BAR Technologies
    https://www.bartechnologies.uk/
    Tom James
    sue@imageline.co.uk
    07770755201
    The Camber, East Street,
    Portsmouth, Hampshire, PO1 2JJ

    The MIL Network –

  • MIL-OSI: WithSecure Corporation: SHARE REPURCHASE 9.4.2025

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, STOCK EXCHANGE RELEASE, 9 April 2025 at 6.30 PM (EET)
         
         
    WithSecure Corporation: SHARE REPURCHASE 9.4.2025
         
    In the Helsinki Stock Exchange    
         
    Trade date           9.4.2025  
    Bourse trade         Buy  
    Share                  WITH  
    Amount             15 000 Shares
    Average price/ share    0,8238 EUR
    Total cost            12 357,00 EUR
         
         
    WithSecure Corporation now holds a total of 401 890 shares
    including the shares repurchased on 9.4.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
         
    On behalf of Withsecure Corporation  
         
    Nordea Bank Oyj    
         
    Janne Sarvikivi           Sami Huttunen  
         
         
    Contact information:    
    Laura Viita    
    Vice President Controlling, Investor relations and Sustainability
    WithSecure Corporation    
    Tel. +358 50 4871044    
    Investor-relations@withsecure.com    
         
         
         
         
         
         

    Attachment

    The MIL Network –

  • MIL-OSI: Results of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Diversified Energy Company PLC
    (“Diversified” or the “Company”)

    Results of Annual General Meeting

    Diversified Energy Company PLC (LSE: DEC, NYSE: DEC) is pleased to announce that all 20 resolutions put to shareholders at the Company’s Annual General Meeting held on April 9, 2025 were duly passed.

    The total votes were cast as follows:

    Resolution   For %   Against %   Withheld
    1 Receipt of Annual Report   50,118,979 100 %   90,746 — %   39,401
    2 Approval of Final Dividend   50,186,943 100 %   42,897 — %   19,286
    3 Authority to re-appoint Auditor   53,936,715 100 %   100,784 — %   49,749
    4 Authority to determine Auditor’s Remuneration   50,176,989 100 %   47,950 — %   24,187
    5 Re-elect David Edward Johnson   50,096,070 100 %   126,406 — %   26,650
    6 Re-elect Robert “Rusty” Russell Hutson, Jr.   50,079,603 100 %   143,175 — %   26,348
    7 Re-elect Martin Keith Thomas   48,239,720 96 %   1,982,930 4 %   26,476
    8 Re-elect David Jackson Turner, Jr.   49,112,530 98 %   1,108,448 2 %   28,148
    9 Re-elect Sandra Mary Stash   50,076,037 100 %   145,379 — %   27,710
    10 Re-elect Kathryn Klaber   46,216,417 92 %   3,950,411 8 %   82,298
    11 Authority to allot shares   49,410,519 98 %   810,329 2 %   28,278
    12 Directors’ Remuneration Report   49,223,090 98 %   984,189 2 %   41,847
    13 Director’s Remuneration Policy   38,283,303 79 %   10,373,294 21 %   1,592,529
    14 Political donations & expenditures   49,933,787 100 %   226,129 — %   89,210
    15 Amendment to 2017 Equity Incentive Plan   49,745,588 99 %   250,196 1 %   253,342
    16 Dis-apply pre-emption rights   49,750,124 99 %   257,326 1 %   241,676
    17 Dis-apply pre-emption rights (Acquisitions)   49,146,350 98 %   854,587 2 %   248,189
    18 Purchase of Company’s own shares   50,132,207 100 %   75,167 — %   41,752
    19 Share Repurchase Contracts and Counterparties   50,148,797 100 %   69,100 — %   31,229
    20 Short General Meeting notice period   49,221,371 98 %   999,242 2 %   28,513

    Note: A vote “Withheld” is not a vote in law and is not counted in the calculation of the proportion of the votes “For” or “Against” shown.

    The full text of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    The Board of Diversified Energy Company PLC (the “Board”) is pleased to note that shareholders unanimously approved all of the general and special resolutions. Having actively engaged with many shareholders ahead of the AGM and throughout the year, the Board would like to thank shareholders for their input and continued support.

    The Board notes that shareholders approved the resolutions with significant majorities, including Resolution 13 (Approval of the Director’s Remuneration Policy), which was passed with a majority vote of 79% in favor of the resolution.

    The approved Director’s Remuneration Policy was developed through consultation with a significant number of the Company’s largest shareholders and proxy advisors, and the Board believes that the approved Remuneration Policy reinforces alignment of Executive Director compensation with long-term shareholder value creation and remuneration best-practice standards, and reflects competitive practices among the Company’s peers. The Board will continue to engage with key stakeholders on a regular basis while continuing the important focus on remuneration matters that properly align with US-based compensation practices. In accordance with provision 4 of the UK Corporate Governance Code, the Company will publish an update on this engagement, in accordance with the UK Corporate Governance Code, within six months of the 2025 AGM and a final summary in the Company’s Annual Report for the 2025 Financial Year.

    For further information, please contact:

    Diversified Energy Company PLC +1 973 856 2757
    Doug Kris dkris@dgoc.com
    Senior Vice President, Investor Relations &
    Corporate Communications    		 www.div.energy
       
    FTI Consulting dec@fticonsulting.com
    U.S. & UK Financial Public Relations  


    About Diversified Energy Company PLC

    Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

    The MIL Network –