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Category: GlobeNewswire

  • MIL-OSI: Fundamental Global Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Mooresville, NC, April 01, 2025 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the “Company” or “Fundamental Global”) today announced results for the fourth quarter and full year ended December 31, 2024.

    Kyle Cerminara, Chairman and Chief Executive Officer commented, “During 2024, we implemented initiatives to consolidate multiple public companies and streamline and simplify our operating structure. We successfully completed three merger transactions, monetized one of our real estate holdings, and continued to drive operating profit improvements in our managed services business. Recently, we announced an agreement for the sale of a portion of our reinsurance business for $5.6 million which we expect to close in the first half of 2025.”

    “Our balance sheet is strong, with $109 million in total assets, nominal long-term debt and $74 million in stockholders’ equity. As part of our ongoing strategic evaluation, we will continue to focus on streamlining and simplifying our operations and increasing capital allocated to cash flow producing assets.”

    Key Operational Highlights:

      ● In February 2024, the Company completed its merger with FG Group Holdings Inc. to consolidate operations, reduce operating costs and streamline the Company’s operations.
         
      ● In April 2024, the Company completed the sale of its Digital Ignition facility in Alpharetta, Georgia significantly reducing general and administrative expenses and long-term debt obligations.
         
      ● In September 2024, the Company completed the sale of its Strong/MDI Screen Systems, Inc. operating subsidiary for approximately $30 million and launched Saltire Capital Ltd. as a Canadian public company.
         
      ● In September 2024, the Company completed its merger with Strong Global Entertainment, Inc. to further reduce operating expenses and streamline the Company’s operations.
         
      ● In October 2024, our merchant banking team announced the closing of an initial public offering for Aldel Financial II Inc., a SPAC client for the Company.
         
      ● In February 2025, our merchant banking team announced the closing of an initial public offering for FG Merger II Corp., a SPAC client for the Company.
         
      ● In March 2025, the Company executed an agreement for the sale of a portion of its reinsurance business for $5.6 million.
         

    Financial Highlights

    Note: The financial results reflect the Company’s performance following the reverse merger between Fundamental Global Inc. and FG Group Holdings, Inc. Consequently, the financial results for periods prior to the merger include only the operations of FG Group Holdings, while results after February 29, 2024, reflect the combined operations of Fundamental Global. Additionally, the results of Strong/MDI and the Company’s reinsurance operations have been reclassified as discontinued operations and are not included in the results of continuing operations.

    As of December 31, 2024, the Company’s key balance sheet items included:

      ● Total assets of $109.5 million, an increase of $47.3 million from December 31, 2023. Assets included equity holdings of $60.1 million, which included directly or indirectly held positions in Saltire Capital, Ltd., GreenFirst Forest Products, Inc., Firefly Media Systems Inc., OppFi Inc., FG Communities, Inc., Craveworthy LLC, and other holdings.
         
      ● Total stockholders’ equity of $74.2 million, an increase of $37.2 million from December 31, 2023, reflecting the increased scale of the Company following the merger transactions and consolidation initiatives.
         
      ● Short- and long-term debt totaled $2.4 million, a decrease of $5.4 million from December 31, 2023.
         

    Revenue during 2024 increased $0.3 million or 1.5% to $17.3 million for the year. Revenue from managed services increased $5.5 million or 20.7% to $32.0 million on increasing demand from entertainment operators and contributions from the acquisition of Innovative Cinema Solutions in late 2023. Revenue growth from managed services was partially offset by increased non-cash equity method losses in the current year period.

    Net loss attributable to common shareholders improved to $2.6 million for the year from a loss of $14.1 million in the prior year primarily due to the $21.8 million gain on the sale of Strong/MDI recognized during the year and improved performance in managed services. Net loss from continuing operations increased to $22.9 million from $12.3 million for the year. Stronger gross profit from managed services was offset by the addition of expenses of FGF which are not included in the periods prior to the merger and increased non-cash equity method losses.

    Net loss per common share improved to $2.43 from $35.22 per common share in the prior year and net loss per common share from continuing operations improved to $22.84 from $29.38. The improvements are primarily due to the $21 million gain on the sale of Strong/MDI recognized during the 2024, as well as an increase in the number of weighted average shares outstanding as a result of the merger of the Company and FG Group Holdings.

    Fundamental Global Inc. 

    Fundamental Global Inc. (Nasdaq: FGF, FGFPP) and its subsidiaries engage in diverse business activities including reinsurance, asset management, merchant banking, and managed services.

    The FG® logo and Fundamental Global® are registered trademarks of Fundamental Global LLC.

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation, general conditions in the global economy; risks associated with operating in the merchant banking, and managed services industries, including inadequately priced insured risks, credit risk; our inability to execute on our multi-industry business strategy and potential loss of value of investments; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of being unable to close the sale of our reinsurance business in a reasonable time period or at all; risks of not being able to execute on our investment and investment management strategy and potential loss of value of holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of being unable to close the sale of our reinsurance business in a reasonable time period or at all; risks of not being unable to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; our limited operating history as a public company; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; and potential conflicts of interest between us and our directors and executive officers.

    Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.

    Investor Contact:

    investors@fundamentalglobal.com

    FUNDAMENTAL GLOBAL INC.
    Consolidated Balance Sheets
    ($ in thousands)

        December 31, 2024     December 31, 2023  
                 
    ASSETS                
    Cash and cash equivalents   $ 7,794     $ 5,995  
    Accounts receivable, net     3,384       3,529  
    Inventories, net     1,432       1,482  
    Equity holdings, at fair value     5,763       10,552  
    Other equity holdings and other holdings     54,310       17,469  
    Property, plant and equipment, net     2,781       11,115  
    Operating lease right-of-use assets     201       371  
    Finance lease right-of-use assets     1,105       1,258  
    Assets of discontinued operations     31,626       9,886  
    Other assets     1,073       486  
    Total assets   $ 109,469     $ 62,143  
                     
    LIABILITIES                
    Accounts payable and accrued expenses   $ 5,704     $ 4,834  
    Deferred revenue and customer deposits     857       867  
    Operating lease liabilities     236       421  
    Finance lease liabilities     1,136       1,283  
    Short-term debt     2,068       2,294  
    Long-term debt, net of debt issuance costs     301       5,461  
    Deferred income taxes     2,412       3,075  
    Liabilities of discontinued operations     22,436       6,799  
    Other liabilities     122       102  
    Total liabilities     35,272       25,136  
                     
    Commitments and contingencies     –       –  
                     
    SHAREHOLDERS’ EQUITY                
    Series A Preferred Shares     22,365       –  
    Common stock     29       225  
    Additional paid-in capital     50,924       55,856  
    Retained earnings     (229 )     2,336  
    Treasury stock     –       (18,586 )
    Accumulated other comprehensive income (loss)     1,108       (4,682 )
    Total Fundamental Global stockholders’ equity     74,197       35,149  
    Equity attributable to non-controlling interest     –       1,858  
    Total stockholders’ equity     74,197       37,007  
    Total liabilities and stockholders’ equity   $ 109,469     $ 62,143  


    FUNDAMENTAL GLOBAL INC.
    Consolidated Statements of Operations
    ($ in thousands, except per share data)

        Three Months Ended December 31,     Year Ended December 31,  
        2024     2023     2024     2023  
    Revenue:                        
    Net (loss) earnings on equity holdings and other holdings   $ (4,628 )   $ 440     $ (14,675 )   $ (9,437 )
    Net product sales     3,463       2,783       18,561       13,978  
    Net services revenue     3,696       3,314       13,462       12,552  
    Total revenue     2,531       6,537       17,348       17,093  
                                     
    Expenses:                                
    Costs of products     3,067       2,619       15,530       12,583  
    Costs of services     2,791       2,263       9,963       8,893  
    Selling expense     305       197       1,277       797  
    General and administrative expenses     2,348       2,757       13,979       11,111  
    Loss (gain) on impairment and disposal of assets     –       –       1,475       (5 )
    Total expenses     8,511       7,836       42,224       33,379  
    Loss from operations     (5,980 )     (1,299 )     (24,876 )     (16,286 )
    Other income (expense):                                
    Interest expense, net     (60 )     (237 )     (360 )     (520 )
    Foreign currency transaction income (loss)     20       2       (7 )     (1 )
    Bargain purchase on acquisition and other (expense) income, net     472       3,469       2,245       3,502  
    Total other income, net     432       3,234       1,878       2,981  
    Loss from continuing operations before income taxes     (5,548 )     1,935       (22,998 )     (13,305 )
    Income tax benefit     29       685       139       998  
    Net (loss) income from continuing operations     (5,519 )     2,620       (22,859 )     (12,307 )
    Net (loss) income from discontinued operations     (1,913 )     (4,556 )     21,544       (2,334 )
    Net (loss) income     (7,432 )     (1,936 )     (1,315 )     (14,641 )
    Net loss attributable to non-controlling interest     –       (442 )     (160 )     (564 )
    Dividends declared on Series A Preferred Shares     (447 )     –       (1,410 )     –  
    Net loss attributable to common shareholders   $ (7,879 )   $ (1,494 )   $ (2,565 )   $ (14,077 )
                                     
    Basic and diluted net (loss) income per common share:                                
    Continuing operations   $ (4.72 )   $ 7.27     $ (22.83 )   $ (29.38 )
    Discontinued operations     (1.50 )     (10.82 )     20.41       (5.84 )
    Total   $ (6.23 )   $ (3.55 )   $ (2.43 )   $ (35.22 )
                                     
    Weighted average common shares outstanding:                                
    Basic and diluted     1,265       421       1,056       400  


    FUNDAMENTAL GLOBAL INC.
    Consolidated Statements of Cash Flows
    (in thousands)

        Year Ended December 31,  
        2024     2023  
    Cash flows from operating activities:                
    Net loss from continuing operations   $ (22,859 )   $ (12,307 )
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities:                
    Net unrealized holding loss on equity holdings     5,039       6,176  
    Loss from equity method holdings     10,713       3,261  
    Adjustment to gain acquisition of ICS assets     69       –  
    Net realized gain on sale of equity holdings     (306 )     (1 )
    Provision for doubtful accounts     68       7  
    Provision for (benefit from) obsolete inventory     1       (34 )
    Provision for warranty     –       2  
    Depreciation and amortization     829       841  
    Amortization and accretion of operating leases     262       138  
    Impairment of property and equipment     1,422       –  
    Gain on merger of FGF and FGH     (2,321 )     –  
    Deferred income taxes     (469 )     (933 )
    Stock compensation expense     1,619       1,605  
    Changes in operating assets and liabilities:                
    Other assets     1,109       378  
    Accounts receivable     178       1,831  
    Inventories     (19 )     393  
    Current income taxes     (46 )     345  
    Accounts payable and accrued expenses     952       817  
    Deferred revenue and customer deposits     (66 )     (789 )
    Operating lease obligations     (224 )     (151 )
    Net cash (used in) provided by operating activities from continuing operations     (4,049 )     1,579  
    Net cash used in operating activities from discontinued operations     (665 )     (1,423 )
    Net cash (used in) provided by operating activities     (4,714 )     156  
                     
    Cash flows from investing activities:                
    Capital expenditures     (46 )     (164 )
    Proceeds from sales of equity securities     5,021       198  
    Proceeds from sales of property and equipment     6,161       –  
    Collection of note receivable     203       –  
    Cash acquired in acquisition of ICS     –       58  
    Cash acquired in Merger of FGF and FGH     1,903       –  
    Net cash provided by investing activities from continuing operations     13,242       92  
    Net cash used in investing activities from discontinued operations     (94 )     (787 )
    Net cash provided by (used in) investing activities     13,148       (695 )
                     
    Cash flows from financing activities:                
    Payment of dividends on preferred shares     (1,411 )     –  
    Principal payments on short-term debt     (603 )     (653 )
    Payment payments on long-term debt     (5,192 )     (224 )
    Net borrowing under credit facility     97       –  
    Proceeds from Strong Global Entertainment initial public offering     –       2,411  
    Payments of withholding taxes for net share settlement of equity awards     (21 )     (135 )
    Payments on finance lease obligations     (253 )     (159 )
    Net cash (used in) provided by financing activities from continuing operations     (7,383 )     1,240  
    Net cash provided by financing activities from discontinued operations     525       2,143  
    Net cash (used in) provided by financing activities     (6,858 )     3,383  
                     
    Effect of exchange rate changes on cash and cash equivalents from continuing operations     (11 )     21  
    Effect of exchange rate changes on cash and cash equivalents from discontinued operations     (36 )     95  
    Net increase in cash and cash equivalents from continuing operations     1,799       2,932  
    Net (decrease) increase in cash and cash equivalents from discontinued operations     (270 )     28  
    Net increase in cash and cash equivalents     1,529       2,960  
                     
    Cash and cash equivalents from continuing operations at beginning of year     5,995       3,063  
    Cash and cash equivalents from continuing operations at end of year   $ 7,794     $ 5,995  

    The MIL Network –

  • MIL-OSI: Locafy to Present at the AI & Technology Virtual Investor Conference April 3rd

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, April 01, 2025 (GLOBE NEWSWIRE) — Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized leader in location based digital marketing solutions, with market leading SEO capabilities, today announced that CEO Gavin Burnett will present at the AI & Technology Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on April 3, 2025, at 9:00 a.m. Eastern Time.

    Burnett will discuss how Locafy is addressing the rapidly evolving online and AI search landscape. He will highlight the Company’s proprietary entity-based SEO technology, which enables businesses to achieve fast, cost-effective Page 1 visibility across both traditional search engines and emerging AI-powered platforms. Burnett will also explore how AI is transforming search behavior and emphasize the importance of unique, authentic business content and optimized digital infrastructure for gaining recognition in both AI and organic search. Additionally, he will preview Locafy’s upcoming AI Chat and Voice Bot solutions—designed to boost customer engagement and drive conversions—as part of the Company’s broader strategy to scale globally through strategic partnerships and a subscription-based business model.

    This will be a live, interactive online event where investors are invited to ask questions in real time. An archived webcast will be made available after the event for those unable to attend live.

    Online investors are encouraged to pre-register and run the online system check to expedite participation and receive event updates.

    Learn more and register at www.virtualinvestorconferences.com.

    About Locafy
    Locafy (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service technology company specializing in local search engine marketing. Founded in 2009, Locafy’s mission is to revolutionize the US$700 billion SEO sector. We help businesses and brands increase search engine relevance and prominence in a specific proximity using a fast, easy, and automated approach. For more information, please visit www.locafy.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Locafy Investor Relations Contact
    Matt Glover
    Gateway Group, Inc.
    (949) 574-3860
    LCFY@gateway-grp.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: 10 More MLSs deploy Restb.ai advanced AI features

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, April 01, 2025 (GLOBE NEWSWIRE) — Restb.ai, the real estate industry’s leader in AI-powered computer vision technology, continues its rapid expansion by serving 10 additional Multiple Listing Services (MLSs) throughout the US. With these new integrations, over 45,000 thousand more real estate professionals will gain access to AI-driven tools that enhance property listings, streamline compliance, and improve the home search experience. Restb.ai technology reaches more than 800,000 agents and brokers across North America.

    “These MLSs are embracing artificial intelligence to deliver real, tangible value to their members,” said Dominik Pogorzelski, President, MLS at Restb.ai. “By deploying AI-powered solutions, they are reducing manual work for agents and ensuring more complete, accurate, and searchable property listings – benefits that directly impact both agents and consumers.”

    MLSs that are bringing for the first time advanced Restb.ai technology to their members/subscribers include:

    Mid-America Regional Information Systems, Inc. (MARIS)
    Headquartered in St. Louis, Missouri, Mid-America Regional Information Systems (MARIS) is a regional MLS in the heart of the Midwest with a mission of providing an orderly marketplace of cooperation and compensation for participants through a common database of real estate information. Established in 1995, MARIS supports over 15,000 subscribers in 14 Associations covering 67 counties.

    MIBOR Broker Listing Cooperative®
    The MIBOR Broker Listing Cooperative® (BLC) is the engine that powers the local real estate market. By providing best-in-class listing services to members in 17 counties throughout central Indiana, the BLC empowers REALTORS® to facilitate transactions with timely, accurate, and reliable listing information, which creates an efficient marketplace. Owned by the MIBOR REALTOR® Association, founded in 1912, MIBOR proudly represents more than 10,000 real estate professionals in central Indiana.

    All Jersey MLS (formerly CJMLS)
    ALL JERSEY MLS, formerly known as Central Jersey MLS, is New Jersey’s most comprehensive real estate resource, with statewide listing services covering the entire state of New Jersey. All Jersey MLS provides premier business solutions to appraisal and real estate professionals statewide.

    Maine Listings
    Maine Listings, a subsidiary of the Maine Association of REALTORS®, is the state’s official Multiple Listing Service, providing over 6,900 real estate professionals with comprehensive property data, compliance tools, and advanced listing solutions to enhance accuracy and market transparency.

    Montana Regional MLS
    Montana Regional MLS serves real estate professionals covering Central and Western Montana from the Rocky Mountains to the Idaho state line. With the most up-to-date, accurate, and complete information on real estate for sale in Montana, the Montana Regional MLS is REALTOR® owned.

    Capital Area Technology & REALTOR®Services (CATRS – Tallahassee Board of REALTORS®)
    CATRS is a wholly owned subsidiary of the Tallahassee Board of REALTORS®. It serves real estate professionals in the state’s capital and surrounding area by providing resources and opportunities to support their success.

    Bryan-College Station Multiple Listing Service
    The Bryan-College Station MLS, wholly owned by the Bryan-College Station Regional Association of REALTORS®, serves as the primary MLS for the region with approximately 1,800 subscribers and over 3,000 listings on the market.

    Vail Multi-List Service (VMLS)
    The Vail Multi-List Service serves real estate professionals throughout Colorado’s entire Vail Valley market. VMLS is recognized as the most accurate source for local real estate data and market analysis tools and provides relevant technology and accurate accessible data to its members.

    St. Augustine & St. Johns County Board of REALTORS®
    Founded in 1964, the St. Augustine & St. Johns County Board of REALTORS® is a member of the National Association of REALTORS®, whose core purpose is to help its members become more profitable and successful. The association provides its members access to a wide range of value-added offers as well as significant savings on products and services they use daily.

    Longview Area Association of REALTORS®
    The Longview Area Association of REALTORS® (LAAR) has been a cornerstone of professionalism and integrity in the East Texas real estate industry since its formation. LAAR is committed to supporting its members with cutting-edge tools, expert guidance, and strong advocacy for private property rights.

    “MLSs adopting AI aren’t just improving efficiency. They’re setting the foundation to power future real estate technology,” said Nathan Brannen, Chief Product Officer at Restb.ai. “This expansion is another step toward a smarter, more streamlined industry where AI helps agents focus on what they do best: serving home buyers and sellers.”

    More information about Restb.ai MLS software solutions is here – restb.ai/customers/MLS.

    About Restb.ai
    Restb.ai, the leader in AI-powered computer vision for real estate, provides image recognition and data enrichment solutions for many of the industry’s top brands and leading innovators. Its advanced AI-powered technology automatically analyzes property imagery to unlock visual insights at scale that empower real estate companies with relevant and actionable property intelligence. Its proprietary artificial intelligence technology transforms property imagery into actionable insights, helping clients unlock new value from visual data and providing deep insight into each of the 1 million property photos uploaded daily.

    For more information on Restb.ai, visit its website. For Restb.ai-related media inquiries, please contact Maya Makarem at contact@restb.ai or maya@restb.ai or Kevin Hawkins at 1-206-866-1220 or kevin@wavgroup.com.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b657c390-46bc-4a81-8845-a02d7a1223d2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e24dad74-069d-4ae1-9c37-7f3d5b486563

    The MIL Network –

  • MIL-OSI: Franklin Access Announces the First in Its New Series of Remotely Managed M2M Routers for IoT: The Seiona – RT410S

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) — Franklin Access, a leading provider of integrated wireless solutions, has unveiled its latest product, the Seiona – RT410S, at the Channel Partners Conference in Las Vegas. The Seiona – RT410S delivers secure, stable, and reliable connectivity for a wide range of edge applications, expanding Franklin’s product offerings into the multi-billion-dollar IoT market. Designed for industries such as digital signage, healthcare, ATMs, kiosks, vending machines, and EV charging stations, the Seiona – RT410S facilitates seamless data exchange between computers and automated systems, enhancing operational efficiency.

    Setting itself apart from competitors, Franklin’s Seiona series integrates full access to the Pintrac Mobile Device Management (MDM) platform, enabling comprehensive remote management. This solution allows administrators to configure, secure, deploy, monitor, and update devices remotely, significantly reducing the time and cost associated with on-site servicing. The Seiona – RT410S is the first in a series of upcoming devices and will be available in various physical configurations, all leveraging LTE technology.

    At its core, the Seiona – RT410S incorporates proven cellular, Wi-Fi, and GPS technologies to ensure robust performance. Its compact and portable design makes it ideal for a variety of deployment scenarios. Currently, Seiona is undergoing technical evaluation with leading national retailers for kiosk applications.

    The Seiona – RT410S is currently undergoing U.S. wireless carrier certification and will be available for purchase soon.

    About Franklin Access

    Franklin Access (NASDAQ: FKWL) is a leader in integrated wireless solutions, offering state-of-the-art 4G LTE and 5G technologies, including mobile hotspots, routers, and mobile device management (MDM) solutions. Learn more at franklinaccess.com.

    For media inquiries, please contact: marketing@franklinaccess.com

    Safe Harbor Statement

    Certain statements in this press release constitute “forward-looking statements” under the Securities Act of 1933 and the Securities Exchange Act of 1934. Actual results may differ materially from those expressed or implied due to various factors.

    The MIL Network –

  • MIL-OSI: It’s a New Day for Healthcare Providers as Viventium Delivers Innovation and Industry-Specific Expertise to Address Workforce Management Challenges

    Source: GlobeNewswire (MIL-OSI)

    BERKELEY HEIGHTS, N.J., April 01, 2025 (GLOBE NEWSWIRE) — Viventium, who offers an industry-leading payroll, HR, and compliance platform purpose-built for healthcare providers, has unveiled a refreshed brand identity as the company introduces new capabilities to its cloud-based software platform, reaffirming its commitment to home-, facility-, and community-based care providers.

    Viventium is on a mission to simplify workforce challenges for healthcare providers with a customized suite of payroll, HR, compliance, and other solutions designed to reconnect care staff to their purpose and joy. Today, Viventium is the workforce management partner to healthcare organizations across all 50 states, supporting more than 500,000 care staff nationwide.

    Through a software platform that’s tailor-made to address the unique workforce management challenges that healthcare providers face today, Viventium provides solutions to help companies hire and retain care staff, maintain compliance, and create true measurable value. Viventium’s newly refreshed branding reflects the company’s unique and compelling mix of future-focused technology and everyday humanity that embodies why they have become a long-standing and trusted industry ally.

    “At Viventium, we understand the unique challenges healthcare providers face because we live and breathe this industry,” said Navin Gupta, Chief Executive Officer, Viventium. “Our solutions are designed to simplify complex administrative tasks so care staff can focus on what matters most—delivering exceptional care and rediscovering joy in their work.”

    Staffing shortages, employee retention challenges, care staff burnout, and redundant manual processes remain an unfortunate reality across the healthcare industry. To help solve these challenges for skilled nursing facilities and senior living communities, Viventium recently announced the launch of its Open Shift Management feature within its Scheduling software.

    This proprietary workforce software streamlines scheduling processes, reduces the stress of last-minute staffing gaps, and enhances employee satisfaction with innovative technology features like real-time updates, mobile access, and flexible shift options. Designed by industry experts for skilled nursing and senior living professionals, the software ensures compliance with industry standards and promotes a balanced approach to improving workforce management.

    Viventium also recently released advanced logic to simplify compliance for home-based care agencies, with complex compensation models like Per Visit Pay, Blended Rate Overtime, and California Piece Rate. Home-based care agencies can now complete payroll with a single click, saving hours each week. The detailed pay stub also builds trust and confidence with caregivers by ensuring clear and accurate compensation, promoting job satisfaction that will further aid recruitment and retention efforts.

    This sentiment was further emphasized by Gupta: “The need to effectively locate and engage talent is now more important than ever. However, the work does not stop there. Once hired, companies must properly onboard, manage, schedule, and compensate their teams. Failing to do so can have devastating impacts on an organization, its quality, and its reputation.”

    Enhancing care staff satisfaction is one of the main pillars of improving retention, especially in healthcare segments where retention is a major issue. Research from Viventium’s upcoming report on workforce management decisions in healthcare found that 94% of home-, facility-, and community-based care administrators reported that they are currently experiencing a staffing shortage or anticipate a shortage (research conducted by TSC, 2024).

    “We know that every day, our clients go to work and face challenges,” said Bernadette Bressler, Chief Marketing Officer, Viventium. “As a company, our brand reflects who we are and reinforces our commitment to positively impacting the lives of healthcare providers, their staff, and the patients, clients, and residents they serve. It’s a new day at Viventium, and a new day for healthcare providers. Our goal is to make sure that every day starts with our clients feeling confident and supported in all that they do.”

    For more information on Viventium’s products and resources, visit viventium.com.

    About Viventium
    Viventium is healthcare’s trusted ally for payroll, HR, and compliance, combining innovative solutions with deep expertise in the healthcare industry. Its purpose-built cloud-based platform is designed to tackle the complexity and compliance challenges healthcare providers face, simplifying the workday, every day. Viventium helps organizations hire and retain care staff, improve the employee experience, and drive measurable value. Serving clients in all 50 states and supporting over 500,000 healthcare employees, Viventium enables organizations to focus on what matters most: providing compassionate care. It’s a new day, with Viventium.

    For more information, visit viventium.com.

    For More Information:
    Jeff Petescia
    jpetescia@viventium.com

    The MIL Network –

  • MIL-OSI: Empowering Global Users, Global Assets Releases AI Intelligent Trading System Technical Whitepaper

    Source: GlobeNewswire (MIL-OSI)

    New York, April 01, 2025 (GLOBE NEWSWIRE) —
    With the rapid development of financial technology, intelligent trading and decentralized finance (DeFi) are increasingly becoming important components of the financial market. In this trend, Global Assets proudly announces the release of its AI intelligent trading system technical whitepaper, aimed at creating an efficient, secure, and intelligent trading environment for global users, further promoting technological innovation in the financial market.

    Technological Innovation Leading the Future of Trading
    Global Assets’ AI intelligent trading system combines advanced artificial intelligence algorithms and blockchain technology to monitor market data in real time around the clock and optimize trading processes. This system enhances trading efficiency through automated trading strategies, reducing the influence of human factors on market decisions, and ensuring the safety and stability of trades.

    Core features of the AI intelligent trading system include:

    Intelligent Market Analysis: AI robots can analyze market data in real time, automatically identifying potential market dynamics.

    High-Speed Trade Execution: The system can execute trading orders in milliseconds, improving trading efficiency.

    Risk Management Mechanism: A multi-layer risk management mechanism ensures the safety of trading funds and reduces risk exposure.

    Blockchain Collateral Lending to Unlock Asset Value
    Global Assets’ blockchain collateral lending service provides users with an efficient asset management tool, helping them release instant liquidity without selling assets. Through this service, users can use mainstream crypto assets as collateral to quickly obtain liquid funds.

    Key advantages of this service include:

    No Traditional Credit Review Required: Users only need to provide digital assets as collateral to secure funding.

    Fast Loan Disbursement Mechanism: The system automatically evaluates the value of the collateralized assets, with funds available instantly.

    Transparent and Secure Blockchain Mechanism: All transaction records are recorded on the blockchain, ensuring transparency and trustworthiness.

    Diverse Trading Ecosystem to Meet All Needs
    Global Assets is committed to providing users with diverse asset trading options, creating a one-stop trading ecosystem. Users can engage in cross-market trading on the same platform, meeting diverse asset allocation requirements.

    The types of trading supported by the platform include:

    Digital Currency Trading: Supports mainstream cryptocurrencies.

    Forex Trading: Covers major fiat currencies such as USD, EUR, and JPY.

    Commodity Trading: Provides trading opportunities for commodities like gold and crude oil.

    Stocks and ETFs: Connects global stock markets, offering investment choices in international markets.

    Why Choose Global Assets?

    Technology-Driven Innovation: The combination of AI and blockchain technology constructs an intelligent trading ecosystem.

    Safeguarded Fund Security: Multiple security protection mechanisms ensure the safety of user funds.

    Global Market Coverage: Supports multiple countries and regions, offering round-the-clock trading services.

    Efficient Customer Support: A professional team provides 24/7 online support.

    Conclusion
    In the context of the continuous development of global financial technology, the combination of AI intelligent trading and blockchain technology injects new vitality into the financial market. Through the release of its technical whitepaper, Global Assets demonstrates its deep strength in technological innovation and service ecology, committed to providing global users with a more efficient and intelligent trading environment. To learn more about the Global Assets AI Intelligent Trading System, please visit the official website and embark on a new era of intelligent trading!

    Media Contact
    Company Name: Global Assets
    Website: https://global-assets.com
    Email: service@global-assets.com
    Contact: Markus Johann Fischer

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

    The MIL Network –

  • MIL-OSI: Volatus Aerospace to Present at the AI & Technology Virtual Investor Conference April 3rd

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, April 01, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc., (OTCQX: TAKOF) (TSXV: FLT) (Frankfurt: ABB), a leader in innovative aerial solutions, today announced that Glen Lynch, CEO of Volatus Aerospace will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3rd, 2025.

    This live presentation, led by CEO Glen Lynch, will cover Volatus’ strategic growth plan, outline its initiatives for remotely piloted aircraft systems (RPAS) and piloted solutions, and detail recent partnerships aimed at accelerating the commercialization of its RPAS technologies, including Volatus’ recent alliances with Kongsberg Geospatial, Dufour, RigiTech and Ondas Holdings.

    DATE: Thursday April 3, 2025
    TIME: 10:00am EDT
    LINK: CLICK HERE TO REGISTER

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Volatus Highlights:

    About Volatus Aerospace
    Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational efficiency, safety, and sustainability through cutting-edge, real-world solutions.

    Connect with Volatus: Website 

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    Volatus Aerospace Inc.

    Danielle Gagne
    Head of Marketing and Communications
    Volatus Aerospace Inc.
    +1 833-865-2887
    danielle.gagne@volatusaerospace.com

    Bill Mitoulas
    Investor Relations
    Volatus Aerospace Inc.
    +1.416.479.9547
    investorrelations@volatusaerospace.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

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

    The MIL Network –

  • MIL-OSI: Bruce Bond, Innovator ETFs® CEO and Industry Trailblazer, Nominated for etf.com Lifetime Achievement Award

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (“Innovator”), pioneer and provider of the first and largest lineup of Defined Outcome ETFs™, is proud to announce that its CEO and co-founder, Bruce Bond, is a finalist for etf.com’s 2025 Lifetime Achievement Award1. This annual honor recognizes one individual for outstanding long-term contributions to the ETF industry.

    Throughout his career, Bond’s creativity and entrepreneurial vision have moved the industry forward. He cofounded Innovator with longtime business partner John Southard in 2017, with the goal of redefining the way investors manage risk through innovative yet simple products.

    Together they introduced the world’s first Defined Outcome ETFs™, also known as Buffer ETFs™, which seek to provide exposure to market upside, to a cap, with built-in, known levels of protection on the downside, a concept that was formerly confined to the multi-trillion dollar annuity and structured products markets.

    Under Bond’s leadership, Innovator has blazed a trail for a segment of asset management that now surpasses $50 billion in total AUM. Today, the firm maintains the most expansive suite of Defined Outcome ETFs™, along with a range of other products, totaling 153 funds and approximately $23.7 billion in assets under management as of February 28, 2025. The firm is one of the fastest-growing in the industry, generating inflows of approximately $1.2 billion in net new assets in 2025 through the end of February.

    Prior to launching Innovator, Bond was already regarded for his ETF industry leadership. He and Southard founded PowerShares in 2003, which later sold to Invesco, paving the way for the massive growth of what is known today as smart or strategic beta.

    “It comes as no surprise that Bruce is being recognized for his long list of achievements in and contributions to our industry,” said Southard. “I’ve seen firsthand over the past two decades both his foresight about the category’s massive potential as well as his dogged perseverance in pushing the boundaries of what’s possible.”

    Added Bond, “I am grateful for this recognition and to be among a group of such important figures in the ETF world. With Innovator, and throughout my career, I’ve set out to create something new and powerful within an inherently groundbreaking industry. It’s humbling to reflect on what we’ve accomplished, and exciting to look ahead to a future with significant upside yet to be realized.”

    More information about Bruce’s storied career can be found on etf.com. The 2025 etf.com Awards will be held on April 23 in New York City.

    About Innovator Capital Management, LLC

    Innovator was established in 2017 by Bruce Bond and John Southard, founders of the PowerShares ETF lineup that has grown to be the fourth largest in the world. The listing of three Innovator Buffer ETFs™ in August 2018 marked the launch of the world’s first Defined Outcome ETFs™. Innovator is dedicated to providing ETFs with built-in risk management that offer investors a high level of predictability around their investment outcomes. Today, with more than 140 ETFs and $23 billion in AUM, Innovator is the industry’s leading provider of Defined Outcome ETFs™.

    Media Contact
    Frank Taylor
    innovator@dlpr.com
    (646) 808-3647

    1 Etf.com’s Awards Nominating Committee review nominations, screen nominations for eligibility, and then costs votes on a majority basis. More information regarding etf.com’s nomination and award methodology is available at https://www.etf.com/awards-2025.

    The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Funds is right for you, please see “Investor Suitability” in the applicable prospectus.

    The Fund’s investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing. Investing involves risk. Principal loss is possible. Innovator ETFs are distributed by Foreside Fund Services, LLC.

    The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF®, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF®, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Step-Up™, Step-Up ETFs®, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.

    Copyright © 2025 Innovator Capital Management, LLC. All rights reserved.

    The MIL Network –

  • MIL-OSI: Triller Group Executives to Attend Exclusive Mar-a-Lago Luncheon Ahead of TikTok Ban

    Source: GlobeNewswire (MIL-OSI)

    As TikTok ban nears, Triller makes moves to capture market share for its short-form video platform

    Los Angeles, CA, April 01, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (“Triller” or “the Company is set to participate in an exclusive luncheon at President Donald J. Trump’s Palm Beach, Florida club Mar-a-Lago. Triller Group CEO Wing Fai Ng and CFO Mark Carbeck will represent the company at this prestigious gathering, marking Triller’s first official engagement at the esteemed venue.

    The luncheon presents a strategic opportunity for Triller to connect with new investors, forge key relationships, and explore potential growth avenues ahead of the impending TikTok ban, currently slated for April 5, 2025. As the Company continues to expand its influence in the digital and creator-driven economy, securing strong partnerships remains a top priority.

    “The Mar-a-Lago luncheon is the perfect forum for Triller to connect and engage with industry leaders who share our vision for innovation and disruption in the digital space,” said Wing Fai Ng, CEO of Triller Group. “This gathering gives us the opportunity to showcase Triller’s unique position at the intersection of AI, entertainment, and social media.”

    With a global footprint and a strong commitment to empowering creators, Triller continues to revolutionize digital engagement. The Company looks forward to leveraging this event to strengthen its financial strategy and drive future success.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network –

  • MIL-OSI: Blockmate Ventures Inc to Present at the AI & Technology Virtual Investor Conference April 3rd

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”), today announced that Justin Rosenberg, CEO, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3rd, 2025.

    DATE: April 3rd
    TIME: 3:30 – 4:00 pm ET
    LINK: REGISTER HERE
    Available for 1×1 meetings: April 7-8

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • Feb 10, 2025 – Animoca Brands announces that they led Hivello’s pre-TGE investment round
    • Feb 11, 2025 – Hivello’s (HVLO) Token lists on Gate.io and MEXC
    • Dec 17, 2024 – Blockmate receives strategic investment from Tony G and co

    About Blockmate Ventures Inc.
    Blockmate Ventures is a venture creator focusing on building fast growing technology businesses relating to cutting edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.

    The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Justin Rosenberg
    CEO
    Blockmate Ventures Inc
    (580) 262-6130
    justin@blockmate.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Cequence Security Achieves AWS Security Competency Status, Delivering Advanced API Protection and Bot Management Solutions

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., April 01, 2025 (GLOBE NEWSWIRE) — Cequence Security, a pioneer in API security and bot management, announced today that it has achieved Amazon Web Services (AWS) Security Competency status in the Cyber Security category. This designation highlights Cequence’s proven ability to meet AWS’s rigorous standards for delivering cutting-edge cybersecurity solutions to AWS customers. The AWS Security Competency directly aligns common customer use cases to AWS Partner capabilities, accelerating positive security outcomes.

    This Cequence AWS Security Competency achievement highlights the company’s validated expertise across seven foundational categories of cybersecurity use cases: Perimeter Protection, Identity and Access Management, Threat Detection and Response, Infrastructure Protection, Data Protection, Compliance and Privacy, and Application Security. Partners that excel across all seven foundational security categories unlock the exclusive opportunity to qualify for the prestigious 8th designation: Core Security Partner. Each foundational category contains multiple cybersecurity capabilities, each with technical and operational requirements.

    In 2022, AWS revamped the AWS Security Competency program to streamline access for customers, ensuring they can confidently adopt cybersecurity solutions from AWS Partners that have been rigorously validated by AWS. AWS security experts annually validate the tools used and operational processes of each AWS Security Competency partner to address specific cloud security challenges aligned to the categories and use cases that they have applied for. The AWS Security Competency provides a faster and easier experience for customers to select the right AWS Partner to help them achieve their goals for business risk and cloud strategy confidence.

    Cequence proudly earns the distinguished AWS Security Competency, underscoring its leadership in API security and bot management making it a premier AWS Partner. This achievement highlights Cequence’s advanced expertise and unwavering commitment to delivering cutting-edge cybersecurity solutions that meet AWS’s rigorous standards for protecting cloud environments.

    “Cequence is excited to achieve AWS Security Competency status,” said Ameya Talwalkar, CEO at Cequence Security. “This milestone reflects our dedication to empowering organizations to secure their API ecosystems. By harnessing the agility and innovation of AWS, we equip businesses to defend against sophisticated bot attacks and API abuse, allowing them to focus on growth and innovation with confidence. Together with AWS, we provide the expertise needed to navigate the complexities of API security, ensuring that organizations can operate resiliently and securely.”

    AWS empowers organizations, from startups to global enterprises, with scalable, flexible, and cost-effective solutions. To ensure seamless integration and deployment of these solutions, AWS established the AWS Competency Program, designed to help customers identify trusted AWS Partners with deep industry expertise. As an AWS Security Competency Partner, Cequence stands at the forefront, delivering advanced cybersecurity solutions tailored to safeguard cloud environments while leveraging the full power of AWS.

    Additional Resources:

    • Explore Cequence Security’s comprehensive API protection solutions tailored for AWS customers: Cequence for AWS.
    • Watch our recent webinar: Fortifying the Future: Securing Agentic AI With Cequence and AWS – View on demand.
    • Learn how Cequence and AWS deliver advanced API protection together: ESG Showcase.
    • To discover more about our innovative solutions, visit Cequence Security.

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

    The MIL Network –

  • MIL-OSI: NBT Bancorp Inc. Announces Date of First Quarter Conference Call

    Source: GlobeNewswire (MIL-OSI)

     

    NORWICH, N.Y., April 01, 2025 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2025 on Thursday, April 24, 2025, following the market close. The Company will host a conference call at 10:00 a.m. (Eastern) Friday, April 25, 2025, to review these results.

    The audio webcast link, along with the corresponding presentation slides, will be available on the Company’s Event Calendar page at www.nbtbancorp.com/bn/presentations-events.html#events prior to the beginning of the conference call. The call will also be archived on the Company’s website for twelve months and can be accessed at any time and at no cost during this period.

    Corporate Overview

    NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.79 billion at December 31, 2024. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services companies. NBT Bank, N.A. has 157 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services, based in Rochester, NY, is a national benefits administration firm. NBT Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions is available online at: www.nbtbancorp.com, www.nbtbank.com, www.epicrps.com and www.nbtbank.com/Insurance.

       
    Contact: Scott A. Kingsley, President and CEO
    Annette L. Burns, Executive Vice President and CFO
    NBT Bancorp Inc.
    52 South Broad Street
    Norwich, NY 13815
    607-337-6589

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

    The MIL Network –

  • MIL-OSI: John Snow Labs Integrates Select Guideline Central Content to Streamline Clinical Guideline Compliance with a New AI-Enhanced Knowledge Agent

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., April 01, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, is now incorporating select Guideline Central content, introducing a turnkey AI solution designed to simplify and enhance clinical decision-making. By leveraging John Snow Labs’ advanced medical Large Language Models (LLMs) with select content from the largest guideline library in the world, healthcare providers can automatically access accurate, current, and actionable recommendations to promote guidelines-based decision making for improved patient outcomes. This will be introduced today in a session at the Healthcare NLP Summit.

    Healthcare organizations are increasingly required to adhere to complex standards and performance measures to comply with quality initiatives, pay-for-performance programs, and payer guidelines. However, many providers lack the time and resources to keep up with frequently changing industry standards, and thus, the ability to act upon an appropriate next step for each unique patient case.

    This solution ensures that providers can confidently determine the evidence-based next-best action for each patient—saving time while improving compliance and patient outcomes. With the ability to be used as a standalone tool for clinicians and medical societies or an embeddable module for Electronic Health Record (EHR) and Clinical Decision Support (CDS) vendors, integration is seamless.

    Key features include:

    • Advanced Question-Answering: AI comprehends and answers detailed questions about clinical guidelines, including interpreting visual tables, flowcharts, and nuanced criteria.
    • Patient-Specific Guideline Matching: It intelligently maps an unstructured patient case summary to the correct guideline and identifies the most relevant section tailored to the patient’s current condition.
    • Transparent Reasoning and Deep Linking: The solution explains its recommendations and provides direct links to the corresponding sections of guidelines for further review.

    “Guideline Central works with with approximately 50 medical associations to curate a library of the most comprehensive guidelines in existence, but because guideline content is mostly unstructured and spread across multiple platforms and locations, it’s impossible for providers to read in their entirety or easily access the specific information they need,” said David Talby, CEO John Snow Labs. “With our state-of-the-art medical LLMs, any healthcare organization can leverage the power of AI to access select guidelines-based best practices.”

    “The ability to quickly find and identify the key takeaways and recommendations from clinical guidelines is critical for all healthcare organizations to ensure the most optimal care is offered,” said Vickie Reyes, Director of Clinical Informatics, Guideline Central. “John Snow Labs’ licensed use of the select Guideline Central Pocket Guide content helps deliver the most current guidelines to healthcare providers in a way that’s fast, intuitive, and simple to integrate.”

    To learn more about this turnkey AI solution, register for the Healthcare NLP Summit or tune into the recording of John Snow Labs’ and Guideline Central’s session after the show.

    About Guideline Central
    Guideline Central is dedicated to providing healthcare professionals with evidence-based clinical decision-support tools that are current, practical, and easily accessible. Guideline Central partners with approximately 50 medical societies and government agencies to provide quick-reference tools that physicians can rely on for credible guidance in the management of a medical condition. For more information about licensing Guideline Central content visit GuidelineCentral.com/contact.

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMS, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network –

  • MIL-OSI: Movellus and RTX’s SEAKR Engineering Collaborate on Advancing Mission-Critical ASICs

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., April 01, 2025 (GLOBE NEWSWIRE) — Movellus announced today that RTX’s, SEAKR Engineering, LLC, selected the Aeonic™ Generate Intellectual Property (IP) Platform for its next-generation radiation-tolerant ASIC designs.

    As part of the collaboration, Movellus provides a portion of the computer chip designs utilized in SEAKR’s spacecraft payload electronics to maximize ease of integration. Through the observable technology, mission operations staff can easily monitor the health of RTX’s SEAKR ASIC.

    “The Movellus IP enabled us to quickly meet our block-to-block communication performance goals and mitigate aging effects,” said Steve Tigner, Director of ASIC Development for SEAKR Engineering. “With the Movellus team, we have a solution that is robust and tolerant of radiation effects improving the performance and on-orbit availability of our next-generation ASICs.”

    The next generation of military and aerospace designs requires sophisticated computing capabilities built on advanced process technology. Movellus’ high-performance, synthesizable IP helps partners deliver on these requirements. The Aeonic™ Digital IP portfolio enables easy migration across advanced process nodes with a radiation-tolerant ready architecture that also provides mission-mode telemetry information.

    Movellus continues to advance high-performance silicon through feature-rich, synthesizable IP, with a unique, radiation-hardened ready architecture that enables increased use of commercial technology in military and aerospace applications. This is a pillar of U.S. Government technology strategy in areas including the Department of Defense Microelectronic Activity initiative, The Aeonic™ Digital IP portfolio, implemented across various process nodes from 40nm to 3nm, complements this charter.

    About Movellus
    Movellus provides critical technology that is integrated into an array of applications ranging from edge AI devices to performance-centric cloud datacenter compute and networking offerings. The company is headquartered in Santa Clara, CA, with R&D centers in Michigan and Toronto. Visit us at: www.movellus.com.

    About SEAKR Engineering
    SEAKR Engineering, LLC, is RTX’s leading-edge provider of advanced payload and mission solutions for space applications. For more than 40 years, we have developed and delivered reliable and innovative solutions across a wide range of space systems. SEAKR is headquartered in Centennial, Colorado. www.SEAKR.com

    About RTX 
    With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia. 

    Movellus, the Movellus logo, Aeonic, Aeonic Generate, Elevating Silicon, Aeonic Insight and Intelligent Clock Networks are among the trademarks of Movellus. The term “Movellus” refers to Movellus Circuits, Inc and / or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact: Aakash Jani |   aakash@movellus.com

    The MIL Network –

  • MIL-OSI: Epiq Wins Partnership with Technology and Innovation Law Firm Merchant & Gould P.C.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with Merchant & Gould P.C. focused on bringing innovation and improved operational efficiency to their law firm operations. Epiq will provide several business process outsourcing and workplace transformation services, including hospitality and reception services, copy and print productions, and mail management across its seven U.S. office locations.

    Merchant & Gould is one of the nation’s leading intellectual property boutiques comprised of nearly 100 attorneys, registered patent agents, and technical experts. Epiq’s deep understanding of business transformation and depth of experience in cities across the U.S. enables it to support Merchant & Gould P.C. with leadership across a comprehensive suite of office services.

    “Epiq invests in the development and training of team members to provide the critical support we need with efficiency, speed, and confidence,” said Tracey Skjeveland, Chief Financial Officer. “Epiq’s marketplace presence and ability to quickly educate employees and build a custom team that is skilled to anticipate our firm’s changing needs were a few of the factors making our selection of Epiq an ideal partner committed to our long-term success.”

    Epiq’s commitment to investing in technology and extensive training ensures impactful organizational change at a cost-effective value. The cross-functionally trained staff members at Merchant & Gould P.C. support the firm’s leaders, helping to achieve operational goals and meet the everchanging demands of an evolving workplace.

    “Merchant & Gould P.C. is such a well-respected and progressive firm, and we are proud to elevate their business operations and help them continue to grow,” said Michelle Deichmeister, President of Epiq’s Global Business Transformation Solutions business. “We take pride in being able to create multiskilled and empowered teams through standardized processes, technology, and our unique utility player program. In collaboration and partnership, we look forward to bringing efficiencies that help Merchant & Gould P.C. achieve their operational goals and accelerate the transformation of the business of law.”

    Merchant & Gould selected Epiq based on its proven ability to provide superior service, recognized focus on process innovation, and commitment to client success. By understanding the evolution of client pressures and priorities, Epiq has become the trusted advisor to 91 of the top 100 law firms, as well as thousands of other brand name organizations across the world. Leveraging its expertise with records and information governance, business operations, utility players, process improvement, and attention to quality, Epiq soundly engrains with clients’ strategies to outsource front- and back-end processes to accelerate efficiencies.  

    About Epiq
    Epiq is a leading legal and compliance services platform integrating people, process, and technology. Through this combination of innovative technology, legal and business expertise, and comprehensive solutions, Epiq drives efficiency in large-scale and increasingly complex tasks. High-performing clients around the world rely on Epiq to streamline the administration of business, settlement administration, legal, and compliance operations to solve immediate challenges and provide scalable ongoing support to transform the enterprise. Learn more at www.epiqglobal.com.

    Press Contact
    Carrie Trent
    Epiq, Director of Communications and Public Relations
    Carrie.Trent@epiqglobal.com

    The MIL Network –

  • MIL-OSI: Progress MOVEit Recognized in G2’s Best IT Infrastructure Products List for Third Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    Managed file transfer solution recognized for excellence based on user reviews

    BURLINGTON, Mass., April 01, 2025 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Progress® MOVEit® managed file transfer (MFT) software has been recognized with a 2025 Best Software Award from G2 in the Best IT Infrastructure Products category. Out of 6,562 total products in this category, and 1,856 eligible for the 2025 awards, MOVEit was one of only 13 products to retain a spot on the list from last year, highlighting its continued leadership in the MFT and IT infrastructure sectors.

    The G2 Best Software Awards rank the world’s best software companies and products based on authentic, timely reviews from real users and publicly available market presence data. The continued recognition of MOVEit software highlights its value in helping organizations transfer sensitive files more securely and efficiently while promoting compliance with industry standards.

    MOVEit software has continually evolved to meet the growing demands of secure file transfer, providing businesses with a trusted, scalable and efficient solution. It is recognized for its leadership and innovation, offering increased reliability in secure file transfers.

    In addition to this year’s recognition, MOVEit software is:

    • The only MFT solution to make the Best IT Infrastructure list more than once—and for three consecutive years (2023, 2024, 2025).
    • 20-time leader in G2’s quarterly MFT report since spring 2020, solidifying its position as the go-to solution for managed file transfer.
    • Trusted by enterprises worldwide to automate and protect sensitive file transfers across highly regulated industries including banking and financial services, healthcare, insurance, and government.

    Core Features That Set MOVEit Software Apart

    • Security and Compliance: Provides advanced encryption, access controls and compliance certifications, including ISO 27001, SOC 2 Type 2, FIPS 140-2, GDPR, HIPAA and PCI 4.0.
    • File Transfer Automation: Reduces manual errors and increases efficiency through workflow automation.
    • Broad Visibility and Control: Helps organizations maintain consistent oversight—from high-level task tracking to granular audit logs.
    • Scalability and High Availability: Offers flexible cloud and on-premises deployment options with built-in high availability and disaster recovery solutions for secure, uninterrupted file transfers at scale.

    Unlike traditional methods, such as FTP and email, MOVEit promotes secure, automated and compliant file transfer for businesses looking to reduce inefficiencies and risk.

    For more information about Progress MOVEit, visit www.progress.com/moveit.

    About Progress
    Progress (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress and MOVEit are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners. 

    Press Contact:
    Kim Baker
    Progress
    +1-800-477-6473
    pr@progress.com

    The MIL Network –

  • MIL-OSI: Check Point Software to Announce 2025 First Quarter Financial Results on April 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, April 01, 2025 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the first quarter ended March 31, 2025, on Wednesday, April 23, 2025, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EST/5:30 AM PST on April 23, 2025. A live video webcast of the call will be hosted on the company’s website at http://www.checkpoint.com/ir.

    To follow this and other Check Point news visit:

    About Check Point Software Technologies Ltd.
    Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.

    ©2025 Check Point Software Technologies Ltd. All rights reserved

    INVESTOR CONTACT:   MEDIA CONTACT:
    Kip E. Meintzer   Gil Messing
    Check Point Software   Check Point Software
    +1.650.628.2040   +1.650.628.2260
    ir@checkpoint.com   press@checkpoint.com

    The MIL Network –

  • MIL-OSI: Presidio Unveils AI-Powered Solutions to Transform Fan Engagement and Increase Monetization for Sports and Media Industries

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Presidio, a leading technology services and solutions provider, today announced the launch of its Sports, Media and Entertainment practice with new, innovative tailored cloud-based, AI-powered solutions and services. As organizations in these industries look for new ways to engage viewers, increase revenue, and deliver richer fan experiences, Presidio’s new Captivate suite of AI-powered metadata solutions is designed to transform content discovery, audience interaction, and betting engagement.

    Built on Presidio’s proven expertise with industry leaders including the National Hockey League (NHL) and DraftKings, Captivate is an innovative audience experience solution with accelerators that leverage AWS for scalability, flexibility, and intelligence to drive immersive experiences and dynamic monetization opportunities specifically for the Sports, Media and Entertainment industries. By integrating AI-driven content curation with real-time data processing, Presidio Captivate enables organizations to deliver tailored, high-impact experiences faster and more efficiently. These include:

    • AI Metadata Extraction: automatically extracts rich metadata from live streams and digital video archives to allow for enhanced discoverability and personalized content experiences. 
    • Virtual Panel for Video Optimization: a virtual control room allows the ability to dynamically adjust camera angles and visual elements in real-time. This ensures high-quality viewing experiences by automatically adapting to varying network conditions and audience demands.
    • Second Screen Application: creates interactive audience experiences with real-time stats, behind-the-scenes insights, social media engagement and exclusive offers on second screens or embedded within existing apps.

    “We’ve worked with Presidio on a wide range of innovative projects spanning modernizing our IT infrastructure, developing and managing mission-critical applications and enhancing streaming and production experiences for fans. Their cloud-first solutions, combined with deep expertise in media workflows, have allowed us to advance the NHL and transform the way we engage with fans, deliver content, and operate as a league,” said Grant Nodine, NHL Senior Vice President, Technology.

    “Our extensive success solving technology challenges for high-profile sports, media and entertainment customers provides invaluable insights into their specific and continuously evolving challenges. From ideation to execution across AI-powered fan experiences to optimizing operations and everything in between, we’re helping our customers excel in a rapidly shifting and competitive market,” said Roger Sherwood, Industry Practice Director at Presidio.

    Discover how Captivate is redefining fan engagement here and if you’re attending NAB 2025 April 5–9, 2025 attend our session in the AWS theater “Unlocking the Future of Fan Engagement with Presidio & the NHL”

    About Presidio

    At Presidio, speed and quality meet technology and innovation. Presidio is a trusted ally for organizations across industries with a decades-long history of building traditional IT foundations and deep expertise in AI and automation, security, networking, digital transformation, and cloud computing. Presidio fills gaps, removes hurdles, optimizes costs, and reduces risk. Presidio’s expert technical team develops custom applications, provides managed services, enables actionable data insights and builds forward-thinking solutions that drive strategic outcomes for clients globally. For more information, visit www.presidio.com.

    The MIL Network –

  • MIL-OSI: Brand Engagement Network to Present at the AI & Technology Virtual Investor Conference April 3rd

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., April 01, 2025 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced that CEO Paul Chang, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3, 2025

    DATE: April 3, 2025
    TIME: 1:00 PM
    LINK: REGISTER HERE
    Available for 1×1 meetings: April 3rd, 4th, and 7th

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Why BEN?

    • High-Growth Market Leader: BEN is positioned to capture opportunities in the $30B conversational AI industry with tailored, impactful solutions. Unlike generalist AI models that rely on expensive GPUs, BEN AI’s small language models run efficiently on CPUs, offering unmatched scalability and cost-effectiveness for businesses.
    • Proven Innovation and Technology: With 21 granted and 28 pending patents, BEN leads in personalization, adaptive AI, and secure integration. Cataneo’s MYDAS platform optimizes advertising for major broadcasters like Disney and BBC, unlocking new revenue streams.
    • Industry Versatility: BEN’s scalable AI-powered solutions transform customer engagement across industries, including automotive, healthcare, and media, creating measurable impact and value.
    • Commitment to Trust and Security: BEN AI ensures transparency, reliability, and U.S.-based data security with HIPAA and SOC2 compliance. Its Virginia-hosted servers and offline capabilities make it ideal for regulated industries like healthcare.
    • Visionary Leadership: BEN’s leadership team has the expertise to drive industry transformation and maintain its position at the forefront of customer engagement.

    Recent Company Highlights:

    • Transformational Acquisition: BEN recently announced the acquisition of Cataneo GmbH, a media technology leader managing over €5 billion in annual media spend. This $19.5 million deal combines BEN’s Generative AI with Cataneo’s Mydas platform, setting a new benchmark in global media engagement and interactive advertising.
    • AI-Driven Radio Advertising with Vybroo & Grupo Siete: BEN and Cataneo GmbH partnered with Vybroo and Grupo Siete on a pilot program to modernize radio advertising in Mexico by streamlining ad placement and optimizing campaign performance.
    • Cox Automotive Partnership: BEN successfully integrated its Digital AI Assistant with Cox Automotive’s Dealer.com, enhancing customer engagement and dealership operations through personalized, multimodal experiences.
    • Expanding Market Reach: BEN continues to explore new verticals and applications for its AI solutions, positioning the company to capture untapped opportunities and deliver sustained growth.

    About Brand Engagement Network (BEN)
    Brand Engagement Network Inc. (NASDAQ: BNAI) innovates in AI-powered customer engagement, delivering safe, intelligent, and scalable solutions. Its proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture enable highly personalized interactions supported by customers’ curated data in closed-loop environments. BEN develops AI-driven engagement solutions for the life sciences, automotive, and retail industries, featuring AI-powered avatars for outbound campaigns, inbound customer service, and real-time recommendations. With a global AI research and development team, BEN provides secure cloud-based or on-premises deployments, granting complete control of the technology stack and ensuring compliance with GDPR, CCPA, HIPAA, and SOC 2 Type 1 standards. The company holds 21 patents, with 28 pending, demonstrating its commitment to advancing AI-driven consumer engagement. For more information, visit www.beninc.ai.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    BEN Contacts:
    Investor Relations
    Susan Xu
    E: sxu@allianceadvisors.com
    P: 778-323-0959

    Media Contact
    Amy Rouyer
    E: amy@beninc.ai
    P: 503-367-7596

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: BioLargo to Present at the AI & Technology Virtual Investor Conference April 3, 2025

    Source: GlobeNewswire (MIL-OSI)

    WESTMINSTER, Calif., April 01, 2025 (GLOBE NEWSWIRE) — BioLargo, Inc. (OTCQX:BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, today announced that Dennis P. Calvert, CEO of BioLargo, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3, 2025

    DATE: April 3, 2025
    TIME: 12:00 PM EDT
    LINK: Register Here

    This will be a live, interactive online event where investors are invited to ask the company
    questions in real-time. If attendees are not able to join the event live on the day of the
    conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    About BioLargo, Inc.

    BioLargo, Inc. (OTCQX:BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    BioLargo, Inc.
    Dennis P. Calvert
    President and CEO, BioLargo, Inc.
    888-400-2863

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: ECN Capital Announces Closing of C$8 Million Offering of 6.50% Convertible Senior Unsecured Debentures Pursuant to Over-Allotment Option

    Source: GlobeNewswire (MIL-OSI)

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

    TORONTO, April 01, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital”) today announced that, further to its previously announced closing of the offering (the “Offering”) of C$75 million aggregate principal amount of convertible senior unsecured debentures due April 30, 2030 (the “Debentures”), the syndicate of underwriters co-led by CIBC Capital Markets, National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets, and including Raymond James Ltd., TD Securities Inc., Canaccord Genuity Corp. and Cormark Securities Inc. have exercised their over-allotment option (the “Over-Allotment Option”) in part and have purchased an additional C$8 million aggregate principal amount of Debentures on the same terms and conditions as the Offering. The additional gross proceeds of C$8 million from the exercise of the Over-Allotment Option brings the total gross proceeds raised from the Offering to C$83 million.

    Further details concerning the Offering are set out in ECN Capital’s prospectus supplement dated March 14, 2025, available on SEDAR+ at www.sedarplus.com.

    About ECN Capital Corp.

    With managed assets of US$6.9 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American-based banks, institutional investors, insurance company, pension plan, bank and credit union partners (collectively, its “Partners”). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (floorplan and rental) loans. Its Partners are seeking high-quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Recreational Vehicle and Marine Finance.

    Contact

    Katherine Moradiellos
    561-631-8739
    kmoradiellos@ecncapitalcorp.com

    The MIL Network –

  • MIL-OSI: Societe Generale offer to purchase certain of its debt securities

    Source: GlobeNewswire (MIL-OSI)

    SOCIETE GENERALE OFFER TO PURCHASE CERTAIN OF ITS DEBT SECURITIES

    Press release

    Paris, April 1, 2025

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

    Societe Generale announces today the launch of an offer to purchase for cash (the “Offer”) any and all of its outstanding Undated Deeply Subordinated Resettable Interest Rate Notes (the “Notes”), upon the terms and subject to the conditions set forth in the offer to purchase dated April 1, 2025 (the “Offer to Purchase”) and the related notice of guaranteed delivery.

    The following table sets forth the Notes subject to the Offer and the key economic terms of the Offer:

    CUSIP No. ISIN Title of Security Principal Amount Outstanding Amount to be Accepted Tender Offer Consideration
    83368J FA3 F43628 B41 US83368JFA34 USF43628B413 Undated Deeply Subordinated Resettable Interest Rate Notes (the “Notes”) $1,250,000,000 Any and all $1,007 (1)

     (1)   The amount to be paid for each $1,000 principal amount of Notes validly tendered and not validly withdrawn and accepted for purchase, excluding accrued and unpaid interest.

    The Offer will commence on April 1, 2025 and will expire at 5:00 p.m. (New York City time) on April 7, 2025 unless it is extended or terminated by Societe Generale. The expected guaranteed delivery date is 5:00 p.m. (New York City time) on April 9, 2025. The deadlines set by any intermediary may be earlier than the above deadline.

    Consideration for Notes validly tendered and not validly withdrawn and accepted for payment pursuant to the Offer is $1,007 per $1,000 principal amount of Notes. In addition, Societe Generale will pay all accrued and unpaid interest on the Notes purchased pursuant to the Offer up to, but not including, the settlement date.

    The purpose of the Offer is to efficiently manage Societe Generale’s regulatory capital while providing liquidity to Holders.

    The Notes are governed by English law, which, following the UK’s withdrawal from the European Union, has become a third country law. Because the Notes do not include a contractual recognition of bail-in clause, the Notes will cease to qualify as Additional Tier 1 on June 28, 2025.

    If any Notes remain outstanding after the consummation of the Offer, Societe Generale intends to consider future optional redemption rights in respect of the Notes in accordance with their terms and conditions, including pursuant to condition 8.3 “Redemption upon the occurrence of a Capital Event” for which it has received the European Central Bank’s permission. Any future decision by Societe Generale to redeem the Notes then outstanding will be made on an economic basis, considering current and future regulatory value, relative funding cost, rating agency considerations, and having regard to the prevailing circumstances at the relevant time.

    With respect to the other notes issued by Societe Generale and governed by English law listed below, which will cease to qualify as Tier 2 on June 28, 2025, Societe Generale intends to consider future optional redemption rights in accordance with their terms and conditions, including pursuant to condition 7.2 “Redemption upon the occurrence of a Capital Event” and condition 6(c) “Redemption upon the occurrence of a Capital Event with respect to Subordinated Notes”, as the case may be:

    • USD 1,000,000,000 Subordinated 4.750% Notes due November 24, 2025 (144A ISIN: US83367TBR95, RegS ISIN: USF8586CBS01)
    • AUD 150,000,000 4.875% Subordinated Tier 2 Notes due October 13, 2026 (ISIN: XS1503159219)
    • EUR 70,000,000 fixed rate resettable callable Subordinated Tier 2 Notes due October 21, 2026 (ISIN: XS1308623658)

    Societe Generale and SG Americas Securities, LLC are acting as Dealer Managers for the Offer, and D.F. King Ltd. is acting as Tender and Information Agent. For detailed terms of the Offer, please refer to the Offer to Purchase which, subject to offer and distribution restrictions, can be obtained from the Dealer Managers and the Tender and Information Agent. Questions regarding the Offer may be directed to the Dealer Managers and the Tender and Information Agent at the contact details set forth below:

    D.F. King Ltd.
    Email: SGCIB@dfkingltd.com
    Offer Website: https://clients.dfkingltd.com/sgcib

    In New York

    48 Wall Street, 22nd Floor
    New York, New York 10005
    United States of America

    Banks and Brokers, Call Collect: (212) 269 5550

    All others, Call Toll-Free: (800) 848-2998

    		 In London

    51 Lime Street
    London EC3M 7DQ
    United Kingdom

    Tel: +44 20 7920 9700

    		  
    Societe Generale

    17, cours Valmy

    BP 18236

    92987 Paris la Défense Cedex

    France

    Tel: +33 (0)1 42 13 32 40

    Email: liability.management@sgcib.com

    		 SG Americas Securities, LLC

    245 Park Avenue

    New York, New York 10167

    United States

    Tel: + 1 (212) 278-7631

    Toll-Free: 1 (855) 881 2108

    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.

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    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).

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    Offer Restrictions
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    United Kingdom
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    Holders or beneficial owners of the Notes that are resident and/or located in the Republic of Italy can tender Notes for purchase in the Offer through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February 2018, as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB, the Bank of Italy or any other Italian authority.
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    European Economic Area
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    Attachment

    The MIL Network –

  • MIL-OSI: Safe Harbor Financial Reports Fourth Quarter and Year-End 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    — Adjusted EBITDA(1)is positive for each of the last 3 years; Adjusted Working Capital(2)is approximately positive $2 million

    — Loan Interest Income increased 82% and 123% year-over-year for the three months and full-year ended December 31, 2024, respectively

    — Revenue for the Q4 2024 increased 5% compared to the Q3 2024, led by a 35% sequential increase in loan interest income

    — Loan Loss Reserve of approximately $1.4 million reserved as a result of a modified Commercial Alliance Agreement (CAA) with Partner Colorado Credit Union (PCCU)

    — Modifications of PCCU Commercial Alliance Agreement and Note enable new CEO Terry Mendez to implement growth strategy offering broader solutions for clients

    GOLDEN, Colo., April 01, 2025 (GLOBE NEWSWIRE) — SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced today its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2024.

    Fourth Quarter 2024 Financial and Operational Summary

    ●   Revenue was approximately $3.7 million, compared to approximately $4.5 million for the fourth quarter of 2023 and $3.5 million for the third quarter of 2024.
    ●   Loan Interest Income increased 82% to approximately $1.8 million from approximately $1.0 million the fourth quarter of 2023.
    ●   Compensation and Employee Benefits expense of approximately $1.4 million declined 32% compared to approximately $2.1 million in 2023.
    ●   General and Administrative Expense of approximately $1.1 million declined 36% from $1.7 million in 2023.
    ●   Adjusted EBITDA(1) was positive at $63,581, compared to $1.3 million in the fourth quarter of 2023(1).
    ●   On October 29, 2024, the Company announced it originated a $1.07 million secured credit facility for a Missouri cannabis operator.
    ●   On December 4, 2024, Safe Harbor, Collective Clean Energy Fund and Partner Colorado announced they are collaborating to fund a $500,000 sustainable upgrade loan for a Denver cannabis facility.
         

    Full-Year 2024 Financial & Operational Summary

    ●   Revenue was approximately $15.2 million, compared to approximately $17.6 million for the full year of 2023.
    ●   Loan Interest Income increased 123% to approximately $6.6 million for the full year of 2024 from approximately $3.0 million for the full year of 2023.
    ●   Operating Expenses decreased to approximately $22.3 million, compared to approximately $38.3 million in 2023.
    ●   Adjusted EBITDA(1) was approximately $2.9 million, compared to approximately $3.6 million for the full year of 2023(1).
    ●   Adjusted Working Capital(2) was approximately $2 million at December 31, 2024
         

    (1) Adjusted EBITDA is a non-GAAP financial metric. A reconciliation of non-GAAP to GAAP measures is included below in this earnings release.
    (2) Adjusted Working Capital is a non-GAAP financial metric. A reconciliation of non-GAAP to GAAP measures is included below in this earnings release.

    Subsequent Operational Highlights

    ●   On December 31, 2024, the Company and PCCU entered into an Amended Commercial Alliance Agreement (the “Amended CAA”), extending the term through December 31, 2028, with automatic two-year renewal periods unless a party provides written notice of non-renewal at least 12 months before the current term expires. In addition, the Amended CAA eliminates the Company’s indemnification obligations for any losses related to any loans it facilitated under the Original Commercial Alliance Agreement or will facilitate in the future.
    ●   On January 16, 2025, the Company announced it had processed over $25 Billion in cannabis-related funds.
    ●   On January 29, 2025, Safe Harbor announced that Terry Mendez joined as Co-CEO, and he became CEO on February 28, 2025, upon the retirement of former CEO Sundie Seefried.
    ●   On February 12, 2025, the Company announced it had originated a $1,500,000 secured credit facility for a Missouri cannabis operator.
    ●   On March 4, 2025, Safe Harbor announced it successfully modified its debt obligation with Partner Colorado Credit Union (the “Amended PCCU Note”), unlocking $6.4 million in cash flow over the next two years.
    ●   On March 20, 2025, the Company announced Mike Regan has joined as Head of Investor Relations and Data Science.
         

    “Throughout 2024, the lending arm of Safe Harbor was a driving force for the Company as our loan interest income was up 82% for the fourth quarter and 123% for the year,” said Terry Mendez, Chief Executive Officer of Safe Harbor Financial. “We continue to be an innovator in this sector as we instituted a new small business line of credit program while also originating several debt and credit facilities at market-competitive terms for numerous clients across the U.S. We were able to do this while remaining diligent in lower overall expenses. While fourth quarter 2024 operating expenses increased 86% compared to the fourth quarter of 2023, operating expenses declined 42% for the full year 2024. Operating expenses adjusted for material non-cash items declined approximately 15% year-over year in the fourth quarter 2024 and 24% for the full-year of 2024.”

    Mendez continued, “Subsequent to the quarter end, the Company surpassed $25 billion in processed cannabis-related funds through our trusted network of partner banks. This is a significant milestone that we achieved on our 10th anniversary and is another proven point that Safe Harbor continues to be a leader in offering compliant banking services to cannabis related businesses. We also originated a $1.5 million secured credit facility with a cannabis operator out of Missouri, further cementing our position as a trusted financial partner to cannabis businesses.

    “Finally, in a redefining transaction for the Company, we successfully modified our debt obligation with Partner Colorado Credit Union. This modification greatly improves our financial stability as we are able to unlock over $6 million in cashflow over the next two years and push the term of the debt obligation out to October 2030. This updated debt deal provides Safe Harbor with the financial flexibility needed to enhance and expand our overall business services as we execute on our business strategy throughout 2025 and beyond.

    “One of the major reasons I joined Safe Harbor is the tremendous opportunity I see to build upon our strong foundation, to evolve from a single compliance solution into a provider of a broad array of services focused on addressing the needs of our clients. I believe that Safe Harbor is well positioned to offer competitive solutions designed to protect, lend, connect and enable the success of our customers and our clients,” concluded Mendez.

    Full Year 2024 Financial Results

    For the year ended December 31, 2024, total revenue was $15.2 million, compared to approximately $17.6 million in the prior year. The decrease in revenue was due to a reduction in deposit activity and onboarding income and was primarily attributable to the decrease in the number of accounts related to the Abaca acquisition, offset by a 123% year-over-year increase in loan interest income. In the full-year ended December 31, 2024, PCCU accounted for $4.6 million of the revenue generated from deposits, activities, and client onboarding. Related to this revenue, the Company recognized $452,371 in account hosting expenses.

    Full-year 2024 operating expenses decreased over 42% to $22.3 million, compared to $38.3 million in the prior year period, which was comprised of the following:

    ●   Compensation and employee benefits expenses decreased 25% due to decrease in stock-based compensation and a lower headcount as compared to previous year. Restructuring efforts will continue as we optimize our talent portfolio.
         
    ●   General and administrative expenses decreased 39% across various categories including: i) $988,412 in investment hosting fees as a result of the decrease in investment income, ii) $900,034 in decreased bank sharing fees due to the decrease in the number of accounts, and iii) $661,776 in decreased amortization and depreciation.
         
    ●   For the year ended December 31, 2024, the Company fully impaired goodwill and finite-lived intangible assets. Goodwill and intangible assets are now fully written down to $0 on the balance sheet.
         
    ●   The professional services expense increased primarily due to higher legal fees related to ongoing litigation.
         
    ●   Credit Loss Expense benefitted from the elimination of the indemnity liability from the Balance Sheet as of December 31, 2024, due to the Amended CAA.
         

    Net loss for full year 2024 was approximately $48.3 million, compared to a net loss of approximately $17.3 million in the prior year period. This includes the impact of approximately $43.9 million non-cash valuation allowance on the deferred tax asset and $9.1 million in non-cash Goodwill and Long-Lived Intangible Asset Impairment expenses.

    As of December 31, 2024, the Company had cash and cash equivalents of $2.3 million, compared to $4.9 million at December 31, 2023.

     
    SHF Holdings, Inc.
    CONSOLIDATED BALANCE SHEETS
                 
        December 31,
    2024
    (Unaudited)    		     December 31,
    2023    		  
                 
    ASSETS                
    Current Assets:                
    Cash and cash equivalents   $ 2,324,647     $ 4,888,769  
    Accounts receivable – trade     134,609       121,875  
    Accounts receivable – related party     968,023       2,095,320  
    Prepaid expenses – current portion     659,536       546,437  
    Accrued interest receivable     16,319       13,780  
    Forward purchase receivable     4,584,221       –  
    Short-term loans receivable, net     13,332       12,391  
    Other current assets     3,000,000       82,657  
    Total Current Assets   $ 11,700,687     $ 7,761,229  
    Long-term loans receivable, net     378,854       381,463  
    Property, plant and equipment, net     3,154       84,220  
    Operating lease right to use assets     703,524       859,861  
    Goodwill     –       6,058,000  
    Intangible assets, net     –       3,721,745  
    Deferred tax asset, net     –       43,829,019  
    Prepaid expenses – long term position     412,500       562,500  
    Forward purchase receivable     –       4,584,221  
    Security deposit     19,568       18,651  
    Total Assets   $ 13,218,287     $ 67,860,909  
                     
    LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY                
    Current Liabilities:                
    Accounts payable   $ 140,723     $ 217,392  
    Accounts payable-related party     75,608       577,315  
    Accrued expenses     1,301,378       1,008,987  
    Contract liabilities     28,335       21,922  
    Lease liabilities – current     161,952       132,546  
    Senior secured promissory note – current portion     255,765       3,006,991  
    Deferred consideration – current portion     3,338,343       2,889,792  
    Forward purchase derivative liability     7,309,580       –  
    Other current liabilities     72,836       41,639  
    Total Current Liabilities   $ 12,684,520     $ 7,896,584  
    Warrant liabilities     1,360,491       4,164,129  
    Deferred consideration – long term portion     –       810,000  
    Forward purchase derivative liability     –       7,309,580  
    Senior secured promissory note—long term portion     10,748,408       11,004,175  
    Net deferred indemnified loan origination fees     –       63,275  
    Lease liabilities – long term     712,882       875,447  
    Indemnity liability     –       1,382,408  
    Total Liabilities   $ 25,506,301     $ 33,505,598  
    Commitment and Contingencies                
    Stockholders’ (Deficit) Equity                
                     
    Convertible preferred stock, $.0001 par value, 1,250,000 shares authorized, 111 and 1,101 shares issued and outstanding on December 31, 2024, and December 31, 2023, respectively     –       –  
    Class A Common Stock, $.0001 par value, 130,000,000 shares authorized, 2,783,667 and 2,728,169 issued and outstanding on December 31, 2024, and December 31, 2023, respectively     278       273  
    Additional paid in capital     108,467,253       105,924,859  
    Retained deficit     (120,755,545 )     (71,569,821 )
    Total Stockholders’ (Deficit) Equity   $ (12,288,014 )   $ 34,355,311  
    Total Liabilities and Stockholders’ (Deficit) Equity   $ 13,218,287     $ 67,860,909  
                     
     
    SHF Holdings, Inc.
    CONSOLIDATED STATEMENTS OF OPERATIONS
           
        For the year ended December 31,  
        2024
    (Unaudited)    		     2023  
    Revenue   $ 15,242,560     $ 17,562,903  
                     
    Operating expenses                
    Compensation and employee benefits     7,783,331       10,334,212  
    General and administrative expenses     4,018,094       6,587,392  
    Professional services     2,518,394       1,858,137  
    Lease expense     258,477       315,615  
    Credit loss (benefit) expense     (1,393,131 )     290,857  
    Impairment of goodwill     6,058,000       13,208,276  
    Impairment of long-lived intangible assets     3,090,881       5,699,463  
    Total operating expenses   $ 22,334,046     $ 38,293,952  
    Operating loss     (7,091,486 )     (20,731,049 )
    Other (income) expenses                
    Interest expense     533,390       1,094,736  
    Change in fair value of warrant liabilities     (2,803,638 )     1,853,920  
    Change in the fair value of deferred consideration     (361,449 )     (4,570,157 )
    Total other (income) expenses   $ (2,631,697 )   $ (1,621,501 )
    Net loss before income tax     (4,459,789 )     (19,109,548 )
    Provision (benefit) for income taxes   $ 43,859,686     $ (1,829,701 )
    Net loss   $ (48,319,475 )   $ (17,279,847 )
    Weighted average shares outstanding, basic     2,772,867       2,128,728  
    Basic net loss per share   $ (17.43 )   $ (8.12 )
    Weighted average shares outstanding, diluted     2,772,867       2,128,728  
    Diluted net loss per share   $ (17.43 )   $ (8.12 )
                     
     
    SHF Holdings, Inc.
    Consolidated Statements of Stockholders’ (Deficit) Equity
     
    FOR THE YEARS ENDED DECEMBER 31, 2024 (UNAUDITED) AND 2023
                                   
        Preferred
    Stock    		     Class A
    Common Stock    		     Additional
    Paid-in    		     Retained     Total
    Shareholders’
    (Deficit)    		  
        Shares     Amount     Shares     Amount     Capital     (Deficit)     Equity  
    Balance, January 01, 2023     14,616     $ 1       1,186,644     $ 119     $ 44,808,286     $ (39,695,281 )   $ 5,113,125  
    Cumulative effect from adoption of CECL     –       –       –       –       –       (581,318 )     (581,318 )
    Issuance of shares to Abaca shareholders     –       –       291,791       29       4,085,047       –       4,085,076  
    Conversion of PIPE Shares     (13,515 )     (1 )     628,110       63       14,013,313       (14,013,375 )     –  
    Restricted stock units     –       –       61,623       6       1,252,037       –       1,252,043  
    Stock compensation cost     –       –       –       –       2,459,324       –       2,459,324  
    PCCU Restructuring     –       –       560,000       56       38,406,352       –       38,406,408  
    Reversal of deferred underwriting cost     –       –       –       –       900,500       –       900,500  
    Net loss     –       –       –       –       –       (17,279,847 )     (17,279,847 )
    Balance, December 31, 2023     1,101     $ –       2,728,168     $ 273     $ 105,924,859     $ (71,569,821 )   $ 34,355,311  
    Issuance of equity for marketing services     –       –       12,117       1       149,999       –       150,000  
    Conversion of PIPE shares     (990 )     –       39,600       4       866,245       (866,249 )     –  
    Restricted stock units     –       –       3,781       –       63,784       –       63,784  
    Stock compensation cost     –       –       –       –       1,462,366       –       1,462,366  
    Net loss     –       –       –       –       –       (48,319,475 )     (48,319,475 )
    Balance, December 31, 2024     111     $ –       2,783,666     $ 278     $ 108,467,253     $ (120,755,545 )   $ (12,288,014 )
                                                             
     
    SHF Holdings, Inc.
    CONSOLIDATED STATEMENTS OF CASH FLOWS
           
        Year ended December 31,  
        2024
    (Unaudited)    		     2023  
    CASH FLOWS FROM OPERATING ACTIVITIES:                
    Net loss   $ (48,319,475 )   $ (17,279,847 )
    Adjustments to reconcile net loss to net cash provided by operating activities:                
    Depreciation and amortization expense     711,929       1,373,707  
    Stock compensation expense     1,575,952       3,739,156  
    Net deferred indemnified loan origination fees     (63,275 )     (45,806 )
    Interest expense     –       663,208  
    Lease expense     23,181       136,097  
    Credit loss (benefit) expense     (1,393,131 )     290,857  
    Impairment of goodwill     6,058,000       13,208,276  
    Impairment of long-lived intangible assets     3,090,881       5,699,463  
    Deferred tax expense (benefit), net     43,859,686       (1,829,701 )
    Marketing expense settled via common stock     100,000       –  
    Change in fair value of warrant liabilities     (2,803,638 )     1,853,920  
    Change in the fair value of deferred consideration     (361,449 )     (4,570,157 )
    Changes in operating assets and liabilities:                
    Accounts receivable – trade     (12,734 )     81,183  
    Accounts receivable – related party     1,127,297       (863,593 )
    Contract assets     –       21,170  
    Prepaid expenses     86,901       (220,852 )
    Other current liabilities     527       –  
    Accrued interest receivable     (2,542 )     (6,460 )
    Deferred underwriting payable     –       (550,000 )
    Other current assets     (2,967,145 )     40,371  
    Accounts payable     (76,672 )     (2,515,442 )
    Accounts payable – related party     (501,709 )     386,660  
    Accrued expenses     292,396       (464,424 )
    Contract liabilities     6,413       20,926  
    Security deposit     (916 )     (856 )
    Net cash provided by (used in) operating activities   $ 430,477     $ (832,144 )
                     
    CASH FLOWS FROM INVESTING ACTIVITIES:                
    Purchase of property and equipment     –       (208,434 )
    Payment to Abaca Shareholder     –       (3,000,000 )
    Loan receivable repayment     12,394       1,027,986  
    Net cash provided by (used in) investing activities   $ 12,394     $ (2,180,448 )
                     
    CASH FLOWS FROM FINANCING ACTIVITIES:                
    Repayment of senior secured promissory note     (3,006,993 )     (488,834 )
    Net cash used in financing activities   $ (3,006,993 )   $ (488,834 )
                     
    Net decrease in cash and cash equivalents     (2,564,122 )     (3,501,426 )
    Cash and cash equivalents – beginning of period     4,888,769       8,390,195  
    Cash and cash equivalents – end of period   $ 2,324,647     $ 4,888,769  
                     
    Supplemental disclosure of cash flow information                
    Interest paid   $ 416,852     $ 450,258  
    Non-cash transactions:                
    Marketing expense settled via common stock   $ 50,000     $ –  
    Shares issued for the settlement of abaca acquisition     –       4,085,076  
    Operating lease right of use assets recognized     –       –  
    Operating lease liabilities recognized     –       –  
    Shares issued for the settlement of PCCU debt obligation     –       38,406,408  
    Cumulative effect from adoption of CECL     –       581,318  
    Reversal of deferred underwriting cost     –       900,500  
    Interest recognized on PCCU settlement     –       639,521  
                     

    Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) and Adjusted EBITDA

    To provide investors with additional information regarding our financial results, we have disclosed EBITDA and Adjusted EBITDA, both of which are non-GAAP financial measures that we calculate as net loss before taxes and depreciation and amortization expense in the case of EBITDA and further adjusted to exclude non-cash, unusual and/or infrequent costs in the case of Adjusted EBITDA. Below we have provided a reconciliation of net loss (the most directly comparable GAAP financial measure) to EBITDA and from EBITDA to Adjusted EBITDA.

    We present EBITDA and Adjusted EBITDA because these metrics are a key measure used by our management to evaluate our operating performance, generate future operating plans, and make strategic decisions regarding the allocation of investment capacity. Accordingly, we believe that EBITDA and Adjusted EBITDA provide useful information to investors and others in understanding and evaluating our operating results in the same manner as our management.

    EBITDA and Adjusted EBITDA have limitations as an analytical tool, and it should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. Some of these limitations are as follows:

    ● although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and both EBITDA and Adjusted EBITDA do not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements;

    ● EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, our working capital needs; and

    ● EBITDA and Adjusted EBITDA do not reflect tax payments that may represent a reduction in cash available to us.

    Because of these limitations, you should consider EBITDA and Adjusted EBITDA alongside other financial performance measures, including net loss and our other GAAP results.

    A reconciliation of net loss to non-GAAP EBITDA and Adjusted EBITDA is as follows:

        Year Ended December 31,  
        2024
    (Unaudited)    		     2023  
    Net loss   $ (48,319,475 )   $ (17,279,847 )
    Interest expense     533,390       1,094,736  
    Depreciation and amortization     711,929       1,373,707  
    Provision (benefit) for income taxes     43,859,686       (1,829,701 )
    EBITDA     (3,214,470 )     (16,641,105 )
                     
    Other adjustments –                
    Credit loss (benefit) expense     (1,393,131 )     290,857  
    Change in the fair value of warrants and forward purchase derivatives     (2,803,640 )     1,853,920  
    Change in the fair value of deferred consideration     (361,449 )     (4,570,157 )
    Deferred loan origination fees and costs     (63,275 )     27,271  
    Stock based compensation     1,575,952       3,739,156  
    Goodwill and long-lived intangible assets impairment     9,148,881       18,907,739  
    Adjusted EBITDA   $ 2,888,868     $ 3,607,681  
                     

    Working Capital and Adjusted Working Capital

    While the company reported a net working capital deficit of $983,833 at the end of 2024, this figure includes several non-cash liabilities that do not affect liquidity. After adjusting for these non-cash items and considering the cost of the Amended PCCU Note the adjusted working capital calculation is as follows:

    #   Particulars   Amount  
    A   Net working capital as reported on December 31, 2024   $ (983,833 )
    B   Forward purchase contract, net     2,725,359  
    C   Third anniversary payment consideration     322,000  
    D   Fees paid in 2025 on the Amended PCCU Note     (53,742 )
        Adjusted working capital as of December 31, 2024 (A+B+C+D)   $ 2,009,784  
                 

    About Safe Harbor

    Safe Harbor is among the first service providers to offer compliance, monitoring and validation services to financial institutions, providing traditional banking services to cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. Safe Harbor, through its financial institution clients, implements high standards of accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Over the past decade, Safe Harbor has facilitated more than $25 billion in deposit transactions for businesses with operations spanning more than 41 states and US territories with regulated cannabis markets. For more information, visit www.shfinancial.org.

    Cautionary Statement Regarding Forward-Looking Statements

    Certain information contained in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included herein may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Forward-looking statements may include, but are not limited to, statements with respect to trends in the cannabis industry, including proposed changes in U.S. and state laws, rules, regulations and guidance relating to Safe Harbor’s services; Safe Harbor’s ability to issue loans in the same or similar fashion; Safe Harbor’s growth prospects and Safe Harbor’s market size; Safe Harbor’s projected financial and operational performance, including relative to its competitors and historical performance; new product and service offerings Safe Harbor may introduce in the future; the impact volatility in the capital markets, which may adversely affect the price of Safe Harbor’s securities; the outcome of any legal proceedings that may be instituted against Safe Harbor; and other statements regarding Safe Harbor’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Safe Harbor’s filings with the U.S. Securities and Exchange Commission. Safe Harbor undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Contact Information

    Mike Regan, Head of Investor Relations and Data Science
    ir@SHFinancial.org

    KCSA Strategic Communications
    Ellen Mellody
    safeharbor@kcsa.com

    The MIL Network –

  • MIL-OSI: TowneBank Announces Completion of Village Bank and Trust Financial Corp. Merger

    Source: GlobeNewswire (MIL-OSI)

    SUFFOLK, Va., April 01, 2025 (GLOBE NEWSWIRE) — TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Village Bank and Trust Financial Corp. and its subsidiary, Village Bank.   The merger enhances TowneBank’s continued and growing presence in the Richmond MSA while providing opportunity for diverse revenue synergies with Towne Financial Services Group and strategic capital deployment. The merger was announced in September 2024 and received overwhelming support at the special meeting of Village shareholders held in December 2024.

    “Our TowneBank family is delighted to have our long-time friends at Village Bank join us,” said G. Robert Aston, Jr., Executive Chairman of TowneBank. “We look forward to welcoming more members across the greater Richmond area and providing enhanced capabilities through the bank and our family of companies.” William I. Foster III, TowneBank President and CEO, added, “We have great respect for the bankers joining us from Village and know that our combined companies will be even stronger together.”

    Following the merger, which was effective on April 1, 2025, the Village Bank locations will operate as “Village Bank, a Division of TowneBank” until June 2025, when the core systems and operations of Village Bank are scheduled to be converted into those of TowneBank. In connection with the merger, Frank E. Jenkins, Jr., a former director of Village, was appointed to the TowneBank board of directors, effective as of April 1, 2025.

    James E. Hendricks, Jr., the former President and Chief Executive Officer of Village, added, “This merger has provided a great opportunity to partner with a strong organization that shares a common commitment to community engagement and preserving neighborhood banking.” Mr. Hendricks was appointed as a Senior Executive Vice President at TowneBank in connection with the merger.

    About TowneBank:

    Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences.

    Today, TowneBank operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. TowneBank has grown its capabilities beyond banking to provide expertise through its affiliated companies that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices RW Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $17.25 billion as of December 31, 2024, TowneBank is one of the largest banks headquartered in Virginia.

    For more information, contact:
    G. Robert Aston, Jr., Executive Chairman, 757-638-6780
    William I. Foster III, Chief Executive Officer, 757-417-6482

    Investor contact:
    William B. Littreal, Chief Financial Officer, 757-638-6813

    The MIL Network –

  • MIL-OSI: FDCTech Reports Over 111% Revenue Growth in Fiscal Year 2024, Driven by Full-Year Contributions from Strategic Acquisitions

    Source: GlobeNewswire (MIL-OSI)

    Robust Revenue Expansion Across All Business Segments – Investment and Brokerage, Wealth Management, and Technology Solution. 

    Irvine, CA, April 01, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced audited results for the fiscal year ending December 31, 2024.

    Full Year Highlights: FY 2024 vs. FY 2023

    • Total Revenues: $26.94 million in FY 2024, up from $12.75 million in FY 2023 – an increase of 111.24% due to the consolidation of Alchemy Markets Ltd. (AML) and Alchemy Prime Ltd. (APL) for the full 2024 fiscal year, which contributed significantly to revenue expansion.
    • Net Profit: $80,027 in FY 2024 compared to a net profit of $1.57 million in FY 2023 – a higher profit in FY 2023 was mainly due to non-recurring sales in the third quarter ending December 31, 2023.
    • Gross Profit: $12.04 million in FY 2024, up from $8.88 million in FY 2023 – an increase of 92.73% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to the increase in gross profit.
    • Cash Position: $24.78 million as of December 31, 2024.
    • Working Capital Surplus: $9.42 million in FY 2024 compared to $7.46 million in FY 2023, an increase of 21.94%.

    Performance by Segement

    Investment and Brokerage

    • Revenue surged to $18.80 million in FY 2024, compared to $5.02 million in FY 2023 – an increase of 274.86% due to the consolidation of AML and APL for the full 2024 fiscal year, which contributed significantly to revenue expansion.

    Wealth Management

    • Revenue increased to $6.50 million in FY 2024 from $5.93 million in FY 2023 – an increase of 9.63%.

    Technology & Software Development

    • Revenue of $1.64 million in FY 2024 compared to $1.81 million in FY 2023 – a decrease of 9.35% as the Company focused its time and effort on integrating its technology in its subsidiaries.

    Strategic and Operational Highlights

    • Successfully integrated full-year financials from AML and APL following 2023 acquisitions.
    • AML acquired over 2,361 clients from Next Markets and 35 clients from a Cypriot broker, expanding its presence in the EU.
    • AML secured authorization in terms of article 6 of the Investment Services Act, Chapter 370 of the Laws of Malta, to offer equities and money market securities, enabling the Company to provide stocks and interest-yielding products.
    • Launched new offices in Cyprus, Malta, and the UK.
    • Ongoing development of the Condor Investing & Trading App, slated for commercialization in late 2025.

    The management is proud of the transformative growth achieved in the fiscal year 2024. With a strong capital position, scalable platform, pipeline of upcoming acquisitions, and growing international footprint, the Company is well-positioned to deliver sustained value to shareholders and clients alike in the 2025 fiscal year and beyond.

    Please visit our SEC filings or the Company’s website for more information on the full results and management’s plan.

    FDCTech, Inc.

    FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

    Press Release Disclaimer

    This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

    Contact Media Relations
    FDCTech, Inc.
    info@fdctech.com
    www.fdctech.com
    +1 877-445-6047
    200 Spectrum Center Drive, Suite 300,
    Irvine, CA, 92618

    The MIL Network –

  • MIL-OSI: Compass Diversified Announces Appointment of Matthew Blake as CEO of Arnold Magnetics

    Source: GlobeNewswire (MIL-OSI)

    WESTPORT, Conn., April 01, 2025 (GLOBE NEWSWIRE) — Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market branded consumer and industrial businesses, today announced that Matthew Blake has been named Chief Executive Officer of its subsidiary, Arnold Magnetic Technologies Corporation (“Arnold”), a leading global manufacturer of high-performance electric motors, magnets, and thin metals, effective March 31, 2025. Concurrent with his appointment, Blake will join Arnold’s Board of Directors. After a successful nine-year tenure as CEO, Dan Miller will be concluding his time at Arnold after a planned transition period ending April 30, 2025.

    “On behalf of Compass and Arnold, I want to extend our sincere gratitude to Dan for his dedication and service in building Arnold into the industry leader it is today,” said Elias Sabo, CEO of CODI. “Under his leadership, Arnold has strengthened its position as a leading solutions provider, successfully navigated the COVID-19 pandemic and oversaw the company’s recent plant relocation. We wish him all the best. I also want to welcome Matt to both Arnold and Compass Diversified. With leadership experience spanning multiple facets of industrial manufacturing, I believe he is the ideal choice to lead Arnold in its next phase of growth.”

    Blake brings broad global operations experience across a range of industrial end-markets. He has a track record of driving growth, operational excellence and strategic execution. Most recently, he was the Chief Operations Officer at DwyerOmega, a manufacturer and global provider of precision measurement solutions. Prior to DwyerOmega, he held various leadership roles at Alpha Packaging, Cleaver-Brooks, and ESAB Welding & Cutting Products. Blake holds a Master of Science in Engineering and Global Operations Management from Clarkson University, as well as an MBA from Webster University.

    Ryan Thorp, Chairman of Arnold’s Board of Directors added: “We are extremely grateful for Dan’s stewardship of Arnold in continuing to grow and diversify the business and position it for continued success. I’d also like to welcome Matt to Arnold. Matt possesses a wealth of industrial experience and I am sure he will build on Arnold’s impressive performance.”

    Dan Miller added: “It has been an honor to lead Arnold and work alongside such a talented and committed team. I am incredibly proud of what we have accomplished together and wish the company continued success under Matt’s leadership.”

    “I am excited at the privilege of leading the exceptional team at Arnold and building upon its strong foundation,” said Matthew Blake, incoming CEO of Arnold. “I look forward to driving continued success and creating value for our customers and shareholders.”

    About Compass Diversified (“CODI”)

    Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the branded consumer, industrial, healthcare, and critical outsourced services sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability. For more information, please visit compassdiversified.com.

    About Arnold Magnetic Technologies

    Based in Rochester, NY, Arnold serves a variety of markets including aerospace and defense, general industrial, motorsport/automotive, oil and gas, medical, energy, reprographics and advertising specialties. Over the course of more than 125 years, Arnold has successfully evolved and adapted its products, technologies, and manufacturing presence to meet the demands of current and emerging markets. Arnold produces high performance permanent magnets (PMAG), turnkey electric motors (“Ramco”), precision foil products (Precision Thin Metals or “PTM”), and flexible magnets (Flexmag™) that are mission critical in motors, generators, sensors and other systems and components. Arnold has expanded globally and built strong relationships with its customers worldwide.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with regard to the expectations related to the future performance of Arnold and CODI. Words such as “believes,” “expects,” “will,” “anticipates,” “intends,” “continue,” “projects,” “potential,” “assuming,” and “future” or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions, some of which are not currently known to CODI. In addition to factors previously disclosed in CODI’s reports filed with the SEC, the following factors, among others, could cause actual results to differ materially from forward-looking statements: changes in the economy, financial markets and political environment; risks associated with possible disruption in CODI’s operations or the economy generally due to terrorism, natural disasters, social, civil and political unrest or the COVID-19 pandemic; future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); and other considerations that may be disclosed from time to time in CODI’s publicly disseminated documents and filings. Further information regarding CODI and its subsidiaries and factors which could affect the forward-looking statements contained herein can be found in CODI’s annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Forward-looking statements speak only as of the date they are made. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations

    Compass Diversified
    irinquiry@compassdiversified.com

    Gateway Group
    Cody Slach
    949.574.3860
    CODI@gateway-grp.com

    Media Relations

    Compass Diversified
    mediainquiry@compassdiversified.com

    The IGB Group
    Leon Berman
    212.477.8438
    lberman@igbir.com

    The MIL Network –

  • MIL-OSI: CEA Industries Inc. Provides Update on Acquisition of Leading Canadian Vape Retailer and Manufacturer, Fat Panda Ltd.

    Source: GlobeNewswire (MIL-OSI)

    Louisville, Colorado, April 01, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is providing an update on its previously announced acquisition of Fat Panda Ltd. (“Fat Panda”), a leading central Canadian retailer and manufacturer of nicotine vape products.

    Fat Panda is central Canada’s largest retailer and manufacturer of e-cigarettes, vape devices, and e-liquids, with 33 retail locations across Manitoba, Ontario, and Saskatchewan. Fat Panda also operates its own e-commerce platform and offers a comprehensive product lineup, including in-house premium e-liquids and a portfolio of trademarks and intellectual property. Based on preliminary, unaudited financials, in its fiscal 2024, Fat Panda generated CAD $38.5 million (USD $28.5 million) in revenue with 39% gross margins and CAD $8.4 million (USD $6.2 million) in adjusted EBITDA. Both revenue and adjusted EBITDA grew over 10% from fiscal 2023 while gross margin declined by 15% from fiscal 2023.

    “We are making steady progress on our acquisition of Fat Panda and we are excited to finalize this transformative step in our strategic evolution,” said Tony McDonald, Chairman and CEO of CEA Industries. “As a long-time participant in the Canadian market, we view this transaction as a pivotal entry into the high growth vape industry, anchored by Fat Panda’s market leadership, large retail network, vertically integrated operations and outstanding management team that is staying with the business. With a proven track record of strong financial performance and recent double-digit growth, we believe the combination of our resources with Fat Panda’s strong foundation will accelerate expansion and unlock long-term value creation for our shareholders.”

    The Company continues to expect to complete the acquisition in the first half of 2025, subject to certain customary closing conditions described below.

    Acquisition Disclaimers

    Completion of the acquisition is subject to a number of conditions, which include the preparation and delivery of the Fat Panda companies audited and unaudited interim consolidated financial statements, satisfaction of the financial condition of Fat Panda, completion of due diligence by the Company, receipt of all necessary government approvals and licenses, and continuation and reformation of the various retail location leases. Completion is also subject to the Company obtaining satisfactory financing for a portion of the cash purchase price. The acquisition agreement also provides for the selling persons to make representations and warranties and undertake certain covenants about many aspects of the business of Fat Panda that shall be true and correct and performed at or prior to closing. The representations, warranties and covenants are those that are typical in relation to the acquisition of an operating business. The Company has also made certain representations, warranties and covenants, the principal one of which is to obtain financing for a part of the purchase price, which if not obtained will permit the Company to terminate the purchase agreement.

    About CEA Industries Inc.

    CEA Industries Inc. (www.ceaindustries.com) provides a suite of complementary and adjacent offerings to the controlled environment agriculture industry. The Company’s comprehensive solutions, when aligned with industry operators’ product and sales initiatives, support the development of the global ecosystem for indoor cultivation.

    Forward Looking Statements

    This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set forth in “Risk Factors” set forth in our annual and quarterly reports filed with the Securities and Exchange Commission (“SEC”), and subsequent filings with the SEC. Please refer to our SEC filings for a more detailed discussion of the risks and uncertainties associated with our business, including but not limited to the risks and uncertainties associated with our business prospects and the prospects of our existing and prospective customers; the inherent uncertainty of product development; regulatory, legislative and judicial developments, especially those related to changes in, and the enforcement of, cannabis laws; increasing competitive pressures in our industry; and relationships with our customers and suppliers. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to CEA’s website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

    Non-GAAP Financial Measures

    To supplement our financial results on U.S. generally accepted accounting principles (“GAAP”) basis, we use non-GAAP measures including net bookings and backlog, as well as other significant non-cash expenses such as stock-based compensation and depreciation expenses. We believe these non-GAAP measures are helpful in understanding our past performance and are intended to aid in evaluating our potential future results. The presentation of these non-GAAP measures should be considered in addition to our GAAP results and are not intended to be considered in isolation or as a substitute for financial information prepared or presented in accordance with GAAP. We believe these non-GAAP financial measures reflect an additional way to view aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business.

    Investor Contact:

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    info@ceaindustries.com
    (720) 330-2829

    The MIL Network –

  • MIL-OSI: Vocodia Holdings Corp. Issues CEO Letter and Discusses Outlook for 2025

    Source: GlobeNewswire (MIL-OSI)

    BOCA RATON, Fla., April 01, 2025 (GLOBE NEWSWIRE) — Vocodia Holdings Corp. (OTC: VHAI) (“Vocodia”), a leader in AI software development focusing on practical AI applications, announced today that Brian Podolak, Co-founder, Chairman and CEO, has issued a letter to the shareholders of Vocodia Holdings Corp. The full text is as follows:

    To My Fellow Stockholders,

    2024 was our first year as a public company—and the most difficult in our history.

    We faced market headwinds, financial constraints, and operational challenges that tested our team, our technology, and our vision. In September 2024, our stock was delisted from the CBOE and now trades on the OTC Markets. As a public company, this is not where we want to be, but I am a firm believer that with adversity also comes opportunity.

    As we enter 2025, I am optimistic about our company’s future. We have made meaningful progress, laid critical groundwork, and built real technology My focus now is on generating positive momentum, driving disciplined execution, and getting our company back on track—one milestone at a time.

    While our share price has declined, our mission remains strong. And while our access to capital remains tight, our opportunity in artificial intelligence is wide open.

    I want to walk you through where we are, what we have accomplished, and where we are going without sugarcoating anything.

    We have built real technology that solves real problems.

    Call centers are broken. Wait times are too long, quality is inconsistent, and costs are high. Most businesses know this, but they have not found a reliable, scalable way to fix it.

    Vocodia is solving that problem with Digital Intelligent Sales Agents (DISAs)—AI-powered voice bots that can do the work of human call center reps faster, cheaper, and with better results.

    • Our DISAs handle sales, service, and support across dozens of industries. They do not need breaks. They do not need sleep. And they do not complain. But they do sound human, adapt to natural conversations, and follow scripts with perfect recall.

    We have raised capital. We have invested wisely. We have moved fast.

    In 2024, we raised approximately $6 million through our IPO, giving us the runway to accelerate development and expand our sales pipeline. Our executive team personally invested $400,000 in that offering because we believe in what we are building. We are not just leading this company—we are betting on it.

    We are tightening up our operations and expanding our cap table.

    We have made tough decisions to reduce unnecessary spending and streamline our organizational structure. We have scaled back where necessary and doubled down where it matters—product development, platform stability, and customer delivery.

    We are also working closely with Alpine Securities Corporation, whom we engaged in March, to explore strategic pathways for financing, uplisting, and maximizing long-term shareholder value. We believe a more robust capital structure and a more visible market listing are both achievable—and necessary.

    We are earning recognition. And we are telling our story.

    In January, our AI platform was featured in USA Today as a solution to eliminate call center hold times—a powerful validation of our mission and technology. More recently, we formed a joint venture with Traccom Inc. to apply our Narrative AI to event monitoring and logistics—a sign of how flexible and far-reaching our technology can be.

    We are no longer just a tech startup. We are an AI infrastructure company with enterprise-grade tools that solve billion-dollar problems in telecom, retail, utilities, insurance, and more.

    Where do we go from here?

    I will not pretend that the road ahead will be easy. AI is competitive, the market is volatile, capital is still expensive, and we have much to prove.

    But I will say this: we are executing a plan grounded in real revenue, real customers, and real technology. We are not swinging blindly. We are building something with lasting value, and we believe the market will eventually reflect that value.

    Yes, we need to grow, communicate more consistently, and win back the trust of shareholders who have been disappointed by stock performance. And we will.

    The foundation is in place, the platform is scalable, the product is live, and the opportunity is massive.

    Thank you.

    To those of you who have stuck with us through the highs and lows, thank you. Your support means everything. We do not take it for granted, and we work every day to earn it.

    Vocodia’s best days are ahead of us—not behind. Let’s go build something great.

    With respect and determination,

    Brian Podolak

    Co-founder, Chairman & CEO

    Vocodia Holdings Corp.

    About Vocodia Holdings Corp.

    Vocodia is an AI software company that develops practical AI solutions, making them easily accessible for businesses through cloud-based platforms. These solutions are cost-effective and scalable to enterprise levels. Vocodia specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions. Their Digital Intelligent Sales Agents (DISAs) are designed to sound and feel human, performing tasks that require human-like conversation, thereby reducing labor costs and enhancing communication effectiveness. For more information, please visit: http://www.vocodia.com

    Forward-Looking Statements

    This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s Registration Statement on Form S-1 related to the public offering (SEC File No. File No. 333-269489) and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, our actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date and undertake no duty to update such information except as required under applicable law.

    Investor Relations Contact: 
    ir@vocodia.com

    The MIL Network –

  • MIL-OSI: High Wire Reports 2024 Continuing Operations Revenue Up 21% to Record $8.38 Million

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., April 01, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and wholesale telecommunications transport, reported results from continuing operations for the quarter and year ended December 31, 2024. All comparisons are for the same year-ago period unless otherwise noted.

    On June 27, 2024, High Wire announced the sale of its technology services business. The following financial results from continuing operations exclude this divested business and provide only the results from the company’s continuing managed cybersecurity and technology enablement business. GAAP results for the full year 2024 can be found at www.sec.gov in the company’s annual report as filed on Form 10-K.

    2024 Financial Highlights

    • Implemented a virtualized platform at Secure Voice Corp to enhance gross margin performance and scale revenue-generating capacity, achieving profitability and strong cash flow.
    • Achieved sustained year-over-year growth from 2023 to 2024 of 21%, with 2025 on track to continue the upward trajectory.
    • Increased Overwatch monthly recurring revenue (MRR) by 134% over the past six months, reflecting strong market demand and value delivery.
    • Sold the technology enablement services business to a leading provider of technology infrastructure services in an all-cash deal. The sale allows the company to focus on its managed security solutions line of business.

    2024 Managed Cybersecurity Highlights

    • Developed streamlined service bundles and simplified pricing models to empower Channel partners, resulting in a robust deal pipeline, a strengthened backlog, and improved partner alignment.
    • Expanded vendor partnerships to consolidate cost structures and deliver more competitive pricing to the Channel.
    • Continued strategic investments in the Channel ecosystem to unlock untapped market segments and create a sustainable competitive edge for both partners and their customers.

    2024 Operational Highlights

    • In Q3, Overwatch executed a strategic leadership transformation, appointing Ed Vasko, CISSP, as Chief Executive Officer (30+ years in cybersecurity), Mark Dallmeier as Chief Revenue Officer (27 years in revenue growth strategy), Michael Lieder as Senior Director of Service Delivery (10+ years in operational leadership), and Kim Jones, CISM CISSP, as Chief Information Security Officer (38 years in cybersecurity and risk management).
    • Revitalized the sales leadership team and sales motion under new executive guidance to align with enterprise-level growth objectives. Redefined the sales and marketing strategies, rebuilt the team, and repositioned the brand to focus on upmarket opportunities and larger, high-value deals.
    • Redesigned the Service Delivery architecture to streamline operations and lay the foundation for the organization-wide hyperautomation initiative planned for 2025.
    • Launched a new portfolio of professional services to provide added value for partners and their customers, enhancing both revenue potential and customer success.

    2024 Awards

    • Frost & Sullivan ranked High Wire Networks as one of the Top 12 Managed Security Service Providers (MSSPs) in the categories of growth and innovation. The report noted that High Wire is a relatively new market entrant but is growing incredibly fast thanks to its partner-focused strategy, flexibility, and portfolio underpinned by open XDR.
    • Named to CRN MSP 500 list of Nation’s Top IT Managed Service Providers, which recognizes leading MSPs “whose forward-thinking approach to providing managed services is changing the landscape of the IT channel.”
    • Added to CRN 2024 Women of the Channel list, which honors the most “influential women in leadership at some of the country’s most prominent IT integrators, managed service providers, and value-added resellers for their channel advocacy and dedication to helping their customers and technology partners thrive.”

    Management Commentary

    “2024 was a pivotal year for High Wire Networks. The divestiture of our technology enablement services business was a critical strategic move. While we successfully returned that segment to profitability for the first time since COVID-19 severely impacted its revenues, it consumed disproportionate management time and resources and was not cash-efficient. The project-based nature of the business created unpredictable revenue cycles and made it difficult to maintain resource productivity,” stated High Wire Networks CEO Mark Porter.

    “By completing the transaction, we significantly reduced our liabilities, positioning the company for our planned move to a National Exchange. With our Net Shareholder Equity now within striking distance, we are well on our way to achieving that milestone. As reflected in our public filings, this remains a major strategic priority, and one that we believe will be a key driver of future success and long-term shareholder value.”

    “We also rebuilt the Overwatch leadership team from the ground up, assembling what we believe is the strongest cybersecurity leadership team in the country. Their predecessors laid a solid foundation by guiding the business through its startup phase and getting it ready to scale. Now, with proven leaders in place, we’re poised to drive substantial organic growth and aggressively pursue acquisitions of other managed security revenue streams.

    Thanks to our early investments in AI-driven automation, we can scale revenues without significant increases in headcount. That’s a powerful advantage—it will enable us to reach profitability organically while accelerating margin expansion as we grow through acquisition.”

    Porter added, “Secure Voice Corp had an outstanding year and is well-positioned for even greater success in 2025. We expect to see continued improvements in gross margins, which will drive stronger operating income and increased free cash flow from that business unit.”

    “We are moving forward with a relentless pursuit of increasing gross profit and managing costs through AI-driven automation capabilities, creating an unfair advantage for our partners and their clients,” Porter concluded.

    Full Year 2024 Financial Summary (based on results from Continuing Operations)

    Revenue in 2024 totaled $8.4 million, up 21% from $6.9 million in 2023. The increase was primarily due to a substantial increase in revenues from the company’s Overwatch managed cybersecurity recurring revenue.

    Total operating expenses decreased to $16.9 million (which included non-cash expenses of $0.8 million in depreciation and amortization, $1.2 million in goodwill impairment charges and $0.8 million of stock-based compensation as well as additional one-time expenses of $1.0 million), compared to $18.8 million in 2023. The decrease was due to a reduction in goodwill and intangible impairment charges from 2023, as well as cost optimization opportunities, following the Company’s ability to focus its efforts solely on the cybersecurity segment.

    Net income for 2024 totaled $0.4 million, which included $9.7 million in net income from discontinued operations, compared to a net loss of $14.5 million in 2023.

    About High Wire Networks

    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through more than 200 channel partners, it delivers trusted managed services for nearly 1,100 managed security customers. Its end customers include hundreds of Fortune 500 companies and the nation’s largest government agencies.

    The company’s Overwatch by High Wire Networks™ platform offers a range of subscription services for threat prevention, detection, and response, meeting the security and compliance requirements of organizations large and small. The company’s IT enablement services provide the foundation for growing its higher-margin Overwatch business.

    High Wire was recently ranked by Frost & Sullivan as a Top 12 Managed Security Service Provider in the Americas. It was also recently named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT-managed service providers.

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

    Forward-Looking Statements

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

    Company Contact
    Mark Porter, CEO
    High Wire Networks
    Tel +1 (952) 974-4000

    Media Relations
    Lori Aleman
    Director of Marketing
    High Wire Networks
    Tel +1 (952) 974-4000

    Investor Relations
    Ronald Both or Grant Stude
    CMA Investor Relations
    Tel +1 (949) 432-7557

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  • MIL-OSI: Turbo Energy’s SUNBOX Home All-In-One Energy Storage System Meets U.S.’s Highest Standards for Safety, Reliability and Performance

    Source: GlobeNewswire (MIL-OSI)

    Company Granted UL Certifications After Undergoing U.S.’s Most Demanding Testing and Evaluation Processes

    Company Advances U.S. Market Launch with Planned Installations in Five States

    VALENCIA, Spain, April 01, 2025 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that it has completed one of the most rigorous safety certification processes in the United States and received Underwriters Laboratories (“UL”) 5500 and 9540 certifications for its innovative SUNBOX Home all-in-one solar energy storage system for residential applications. The UL certification mark is one of the most widely recognized product accreditations in the U.S. and is regarded a pre-requisite for permitting and insurance purposes. 

    Now available in the U.S., SUNBOX Home is a complete intelligent solar energy storage system powered by Turbo Energy’s patented AI algorithms and processes that allow homeowners to fully optimize the energy efficiency of their solar power panel installations

    Commenting on the mission critical milestone, Mariano Soria, Chief Executive Officer of Turbo Energy, stated, “This UL certification is one of the most important criteria in the permitting of new technologies for use in homes and businesses, affirming that our solutions meet rigorous safety standards and regulatory requirements. Moreover, with the award of these certifications, Turbo Energy is empowered to take a significant step forward in our Company’s expansion strategy aimed at penetrating and ultimately dominating the U.S. market for highly advanced, user-friendly solar energy storage solutions.”

    In collaboration with its U.S. partner Connection Holdings, Turbo Energy is in the process of launching SUNBOX Home in the U.S. with units already shipped stateside and initial residential installations being scheduled as part of the Company’s planned American beta initiative being conducted in California, Florida, Georgia, Louisiana and Texas.    

    SUNBOX Home is an all-in-one back-up solar energy storage solution for split phase installations, modular with energy storage capacity up to 20.48 kWh. Supported by Turbo Energy’s proprietary, cloud-based SaaS solution powered by Artificial Intelligence, SUNBOX Home users benefit from intelligent data collection, optimized stored energy management and predictive analytics which provide real-time insight into weather and electricity price forecasts, solar panel performance, energy consumption and material cost savings opportunities, among other key metrics.

    Underwriters Laboratories was established in 1894 and is the world’s largest non-profit product safety certification organization, with global name recognition and acceptance. Products intended to be used in homes and businesses must be listed by a Nationally Recognized Testing Laboratory (“NRTL”) such as Underwriters Laboratories which are accredited by the US Occupational Safety and Health Administration (“OSHA”). Turbo Energy teamed with Intertek Group, plc, one of the world’s leading total quality assurance providers, to manage its testing, inspection and certification processes, resulting in SUNBOX Home’s UL certification for safety, quality and performance.

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and Latin America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies. For more information, please visit www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:
    At Turbo Energy, S.A.
    Dodi Handy, Director of Communications
    Phone: 407-960-4636
    Email: dodihandy@turbo-e.com 

    Attachment

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