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Category: GlobeNewswire

  • MIL-OSI: ARB IOT Group Limited Unveils Cutting-Edge Smart AI Robot to Revolutionize Fertilization in Agriculture

    Source: GlobeNewswire (MIL-OSI)

    Kuala Lumpur, Malaysia, March 27, 2025 (GLOBE NEWSWIRE) — ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) has unveiled its AI-powered fertilizer system that seamlessly integrates the intelligent multi-functional agricultural robot (“Smart AI Robot”). This innovation is set to revolutionize modern farming by optimising fertilisation processes, enhancing crop yield, and promoting sustainable farming. This advanced AI-powered robot represents a significant leap forward in precision agriculture.

    The Smart AI Robot features unmanned field operations, modular design, all-terrain capability, centimetre-level positioning, ultra-long endurance, quick-replaceable battery, and precise operation, among others. It can be widely used in various types of plants such as palm oil, durian, lychee, mango, citrus, and orchards to realize unmanned spraying, mowing, fertilizing and delivery. The Company’s AI-powered fertilizer system will contribute to the materialization of a new mode of environmentally friendly agriculture production, through a series of new energy unmanned robotics and a big data platform that carry out intelligent and standardized management of various types of agricultural plants with fully automated fertilization, pesticide application, diagnostic scanning of plant and fruit conditions, and soil NPK (nitrogen, phosphorus, potassium) measurement.

    It is estimated that by 2027, approximately 35% of Malaysia’s oil palm land will be overaged. Currently, only approximately 17% of such land has trees in the optimal four to eight-year range where motorised cutters could be effective—though their performance remains inconsistent. In Sabah and Sarawak, which account for approximately 55% of Malaysia’s oil palm areas, the terrain is dominated by steep hills and vast peatlands.

    The Company’s AI-powered fertilizer system utilizes cutting-edge machine learning algorithms and real-time soil data analysis to determine the precise amount of fertilizer needed for each section of farmland. When paired with the Smart AI Robot, the system is able to automate fertilizer application, minimize waste, maximize crop yield, and reduce environmental impact.

    “Traditional farming methods often rely on manual labor and generic fertilizer application, leading to inefficiencies and excessive resource consumption. By integrating AI and automation, our Smart AI Robot empowers farmers with more efficient and sustainable farming practices. This technology is a major step towards addressing global food security and environmental challenges” said Dato’ Sri Liew Kok Leong, CEO of ARB IOT. “With our AI-driven solution, farmers can now achieve precision farming at an unprecedented scale, ensuring optimal nutrient distribution tailored to specific crop and soil conditions.”

    Key benefits of the integrated Smart AI Robot include:

    • Precision Application: AI-driven data analytics ensure targeted fertilizer distribution, reducing overuse and underuse.
    • Automation and Efficiency: The autonomous agricultural robot reduces the need for manual labor, operating seamlessly across vast farmlands.
    • Sustainability: By minimizing fertilizer runoff and optimizing nutrient absorption, the system supports eco-friendly farming practices.
    • Cost Reduction: The conversion of solid fertilizers to liquid form leads to cost savings by reducing waste and improving absorption efficiency.
    • Real-time Monitoring: The AI system continuously collects and analyzes soil health and crop growth data, allowing for timely adjustments.

    The convergence of IoT technology with our smart farming system enables real-time monitoring through strategically placed sensors across plantations. These sensors capture data on soil moisture, temperature, humidity and other key environmental factors, providing farmers with instant insights via a central digital hub. This empowers them to make data-driven decisions, respond proactively to environmental changes and optimize farm productivity.

    With a focus on AI-driven advancements, we aim to drive progress in precision agriculture worldwide.

    About ARB IOT Group Limited

    ARB IOT Group Limited is a provider of complete solutions to clients for the integration of Internet of Things (IoT) systems and devices from designing to project deployment. We offer a wide range of IoT systems as well as provide customers a substantial range of services such as system integration and system support service. We deliver holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are 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. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward looking statements, other than as required by applicable law.

    For further information, please contact:
    ARB IOT Group Limited
    Investor Relations Department
    Email: contact@arbiotgroup.com

    The MIL Network –

  • MIL-OSI: Gevo Reports Fourth Quarter 2024 Financial Results and Reaffirms Business Update

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., March 27, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”), a leading developer of cost effective, renewable hydrocarbon fuels and chemicals with reduced greenhouse gas emissions, today announced financial results for the fourth quarter and full year ended December 31, 2024, and reaffirmed the Business Update that was released on March 7, 2025 (the “Business Update”), which is available on our website at https://investors.gevo.com/news-releases/news-release-details/gevo-provides-business-update-1.

    2024 Fourth Quarter Financial Highlights

    • Ended the fourth quarter with cash, cash equivalents and restricted cash of $259.0 million.
    • Combined operating revenue and investment income was $8.9 million and $32.7 million for the fourth quarter and full year 2024, respectively.
      • On a standalone basis, our RNG subsidiary generated revenue of $15.8 million during the year ended December 31, 2024. This reflects an increase of $0.3 million compared to the previous year, primarily due to higher sales of environmental attributes from our RNG project. We expect a lower CI score in anticipation of receiving the final pathway approval under the LCFS Program, which is anticipated in the first quarter of 2025. 
    • Loss from operations of $19.6 million for the fourth quarter.
    • Non-GAAP adjusted EBITDA loss1 of $11.3 million for the fourth quarter.
    • Sale of environment attributes net of $5.4 million for the fourth quarter.
    • RNG subsidiary generated a loss from operations of $3.5 million, and non-GAAP adjusted EBITDA profit1 of $2.7 million for the fourth quarter.
    • Net loss per share of $.08 for the fourth quarter.

    1        Adjusted EBITDA is a non-GAAP measure calculated by adding back depreciation and amortization, allocated intercompany expenses for shared service functions, and non-cash stock-based compensation to GAAP loss from operations. A reconciliation of adjusted EBITDA to GAAP loss from operations is provided in the financial statement tables following this release. Adjusted EBITDA was referred to as “cash EBITDA” in previous periods.

    2024 Fourth Quarter Financial Results

    Operating revenue. During 2024, operating revenue decreased $0.3 million compared to the prior year, primarily due to lower sales of environmental attributes from our RNG project. This is due to a buildup of environmental attribute inventory in anticipation of receiving the final pathway approval under the LCFS Program, which we expect to result in a lower CI score. The approval is anticipated in the first quarter of 2025. During 2024, we sold 366,557 MMBtu of RNG from our RNG project, resulting in biogas commodity sales of $0.7 million and environmental attribute sales of $15.1 million. Additionally, we recognized $0.8 million of licensing and development revenue from the agreement with LG Chem as well as $0.3 million from the sale of isooctane and software services during 2024.

    Cost of production. Cost of production remained consistent during 2024, compared to the prior year.

    Depreciation and amortization. Depreciation and amortization, which includes depreciation and amortization which was allocated to inventory and is included in depreciation and amortization upon the sale of the associated inventory, decreased $0.7 million during 2024, compared to the prior year, primarily due to the timing of sales of environmental attribute inventory.

    Research and development expense. Research and development expense decreased $1.1 million during 2024, compared to the prior year, primarily due to a reduction of consulting expenses and personnel related costs.

    General and administrative expense. General and administrative expense increased $3.2 million during 2024 compared to the prior year, primarily due to increases in personnel costs related to the hiring of highly qualified and skilled professionals, and professional consulting fees, partially offset by a decrease in stock-based compensation.

    Project development costs. Project development costs are related to our future Alcohol-to-Jet Projects and Verity and consist primarily of employee expenses, preliminary engineering costs, and technical consulting costs. Project development costs increased $3.4 million during 2024, compared to the prior year, primarily due to patent related costs, increases in personnel costs, and consulting fees.

    Acquisition related costs. Certain acquisition costs incurred related to the Red Trail Purchase Agreement during the year ended December 31, 2024.

    Facility idling costs. Facility idling costs are related to care and maintenance of our Luverne Facility. Facility idling costs decreased by $1.1 million during 2024, compared to the prior year.

    Loss from operations. The Company’s loss from operations increased by $9.0 million during the year ended December 31, 2024, compared to the year ended December 31, 2023, primarily due to the increase in costs related to acquisitions, general and administrative expenses, and project development costs.

    Interest expense. Interest expense increased by $1.7 million during 2024 compared to the prior year, primarily due to interest on the Remarketed Bonds.

    Interest and investment income. Interest and investment income decreased $3.4 million during 2024, compared to the prior year, primarily due to the usage of cash for our capital projects and operating costs, resulting in a lower balance of cash equivalent investments during 2024.

    Other income. Other income increased $1.6 million during 2024, compared to the prior year, primarily due to the termination of the expediting procurement agreement with a local utility which resulted in a one-time charge of $1.6 million in 2023.

    Webcast and Conference Call Information

    Hosting today’s conference call at 4:30 p.m. ET will be Dr. Patrick R. Gruber, Chief Executive Officer, L. Lynn Smull, Chief Financial Officer, Dr. Paul Bloom, Chief Business Officer and Dr. Eric Frey, Vice President of Corporate Development. They will review Gevo’s financial results and provide an update on recent corporate highlights.

    To participate in the live call, please register through the following event weblink: https://register.vevent.com/register/BIfe02700a31384d12946e60bf35964cb8. After registering, participants will be provided with a dial-in number and pin.

    To listen to the conference call (audio only), please register through the following event weblink: https://edge.media-server.com/mmc/p/h9wkbjf5.

    A webcast replay will be available two hours after the conference call ends on March 27, 2025. The archived webcast will be available in the Investor Relations section of Gevo’s website at www.gevo.com.

    About Gevo

    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based RNG facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent CCS facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty ATJ fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    Forward-Looking Statements

    Certain statements in this press release and the Business Update may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, the financing and the timing of our NZ1 project, the agreement with LG Chem, the DOE loan guarantee process, the Red Trail Energy acquisition and timing of its closing, the successful integration of the CultivateAI acquisition, the success and revenue of Verity, the success of our ETO business, our financial condition, our results of operation and liquidity, our business plans, our business development activities, our Alcohol-to-Jet Projects, financial projections related to our business, our RNG project, our fuel sales agreements, our plans to develop our business, our ability to successfully develop, construct, and finance our operations and growth projects, our ability to achieve cash flow from our planned projects, the ability of our products to contribute to lower greenhouse gas emissions, particulate and sulfur pollution, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in our most recent Annual Report on Form 10-K and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Non-GAAP Financial Information

    This press release contains a financial measure that does not comply with U.S. generally accepted accounting principles (“GAAP”), including non-GAAP adjusted EBITDA. Non-GAAP adjusted EBITDA excludes depreciation and amortization, allocated intercompany expenses for shared service functions, and non-cash stock-based compensation from GAAP loss from operations. Management believes this measure is useful to supplement its GAAP financial statements with this non-GAAP information because management uses such information internally for its operating, budgeting and financial planning purposes. This non-GAAP financial measure also facilitates management’s internal comparisons to Gevo’s historical performance as well as comparisons to the operating results of other companies. In addition, Gevo believes this non-GAAP financial measure is useful to investors because it allows for greater transparency into the indicators used by management as a basis for its financial and operational decision making. Non-GAAP information is not prepared under a comprehensive set of accounting rules and therefore, should only be read in conjunction with financial information reported under U.S. GAAP when understanding Gevo’s operating performance. A reconciliation between GAAP and non-GAAP financial information is provided below.

    Gevo, Inc.
    Condensed Consolidated Balance Sheets
    (In thousands, except share and per share amounts)
                 
        December 31, 2024      December 31, 2023
    Assets              
    Current assets              
    Cash and cash equivalents   $ 189,389     $ 298,349  
    Restricted cash     1,489       77,248  
    Trade accounts receivable, net     2,411       2,623  
    Inventories     4,502       3,809  
    Prepaid expenses and other current assets     5,920       4,353  
    Total current assets     203,711       386,382  
    Property, plant and equipment, net     221,642       211,563  
    Restricted cash     68,155       —  
    Operating right-of-use assets     1,064       1,324  
    Finance right-of-use assets     1,877       210  
    Intangible assets, net     8,129       6,524  
    Goodwill     3,740       —  
    Deposits and other assets     75,623       44,319  
    Total assets   $ 583,941     $ 650,322  
    Liabilities              
    Current liabilities              
    Accounts payable and accrued liabilities   $ 22,006     $ 22,752  
    Operating lease liabilities     333       532  
    Finance lease liabilities     2,001       45  
    Loans payable     21       130  
    2021 Bonds payable, net     —       67,967  
    Total current liabilities     24,361       91,426  
    Remarketed Bonds payable, net     67,109       —  
    Loans payable     —       21  
    Operating lease liabilities     966       1,299  
    Finance lease liabilities     187       187  
    Other long-term liabilities     1,830       —  
    Total liabilities     94,453       92,933  
    Commitments and Contingencies              
    Stockholders’ Equity              
    Common stock, $0.01 par value per share; 500,000,000 shares authorized; 239,176,293 and 240,499,833 shares issued and outstanding at December 31, 2024, and December 31, 2023, respectively.     2,392       2,405  
    Additional paid-in capital     1,287,333       1,276,581  
    Accumulated deficit     (800,237 )     (721,597 )
    Total stockholders’ equity     489,488       557,389  
    Total liabilities and stockholders’ equity   $ 583,941     $ 650,322  
    Gevo, Inc.
    Condensed Consolidated Statements of Operations
    (In thousands, except share and per share amounts)
                 
           Year Ended December 31, 
           2024        2023  
    Total operating revenues   $ 16,915     $ 17,200  
    Operating expenses:              
    Cost of production     12,002       11,991  
    Depreciation and amortization     18,298       19,007  
    Research and development expense     5,576       6,637  
    General and administrative expense     45,798       42,628  
    Project development costs     18,166       14,732  
    Acquisition related costs     4,932       —  
    Facility idling costs     2,967       4,040  
    Total operating expenses     107,739       99,035  
    Loss from operations     (90,824 )     (81,835 )
    Other income (expense)              
    Interest expense     (3,879 )     (2,161 )
    Interest and investment income     15,740       19,090  
    Other income (expense), net     323       (1,309 )
    Total other income, net     12,184       15,620  
    Net loss   $ (78,640 )   $ (66,215 )
    Net loss per share – basic and diluted   $ (0.34 )   $ (0.28 )
    Weighted-average number of common shares outstanding – basic and diluted     231,674,716       238,687,621  
    Gevo, Inc.
    Condensed Consolidated Statements of Comprehensive Loss
    (In thousands)
                 
        Year Ended December 31, 
         2024        2023  
    Net loss   $ (78,640 )   $ (66,215 )
    Other comprehensive income:            
    Unrealized gain on available-for-sale securities     —       1,040  
    Comprehensive loss   $ (78,640 )   $ (65,175 )
    Gevo, Inc.
    Condensed Consolidated Statements of Stockholders’ Equity
    (In thousands, except share amounts)
                                       
        For the Year Ended December 31, 2024 and 2023
        Common Stock         Accumulated Other   Accumulated    Stockholders’
           Shares      Amount      Paid-In Capital      Comprehensive Loss      Deficit      Equity
    Balance, December 31, 2023      240,499,833        $ 2,405        $ 1,276,581        $ —        $ (721,597 )      $ 557,389  
    Non-cash stock-based compensation   —       —       14,847       —       —       14,847  
    Stock-based awards and related share issuances, net   5,784,668       58       495       —       —       553  
    Repurchase of common stock   (7,190,006 )     (72 )     (4,638 )     —       —       (4,710 )
    Issuance of common stock upon exercise of warrants   81,798       1       48       —       —       49  
    Net loss   —       —       —       —       (78,640 )     (78,640 )
    Balance, December 31, 2024   239,176,293     $ 2,392     $ 1,287,333     $ —     $ (800,237 )   $ 489,488  
                                       
    Balance, December 31, 2022      237,166,625        $ 2,372        $ 1,259,527        $ (1,040 )      $ (655,382 )      $ 605,477  
    Non-cash stock-based compensation   —       —       17,087       —       —       17,087  
    Stock-based awards and related share issuances, net   3,333,208       33       (33 )     —       —       —  
    Other comprehensive income   —       —       —       1,040       —       1,040  
    Net loss   —       —       —       —       (66,215 )     (66,215 )
    Balance, December 31, 2023   240,499,833     $ 2,405     $ 1,276,581     $ —     $ (721,597 )   $ 557,389  
    Gevo, Inc.
    Condensed Consolidated Statements of Cash Flows
    (In thousands)
                 
        Year Ended December 31, 
        2024        2023  
    Operating Activities                 
    Net loss   $ (78,640 )   $ (66,215 )
    Adjustments to reconcile net loss to net cash used in operating activities:              
    Stock-based compensation     14,733       17,087  
    Depreciation and amortization     18,298       19,007  
    Amortization of marketable securities discount     —       (102 )
    Other noncash expense     2,497       908  
    Changes in operating assets and liabilities, net of effects of acquisition:            
    Accounts receivable     417       (2,147 )
    Inventories     (706 )     670  
    Prepaid expenses and other current assets, deposits and other assets     (19,050 )     (25,620 )
    Accounts payable, accrued expenses and non-current liabilities     5,068       2,693  
    Net cash used in operating activities     (57,383 )     (53,719 )
    Investing Activities              
    Acquisitions of property, plant and equipment     (51,085 )     (54,455 )
    Proceeds from sale of investment tax credit     15,336       —  
    Payment of earnest money deposit     (10,000 )     —  
    Acquisition of CultivateAI, net of cash acquired     (6,070 )     —  
    Proceeds from maturity of marketable securities     —       168,550  
    Proceeds from sale of property, plant and equipment     —       34  
    Net cash (used in) provided by investing activities     (51,819 )     114,129  
    Financing Activities              
    Proceeds from issuance of Remarketed Bonds     68,155       —  
    Extinguishment of 2021 Bonds, net     (68,155 )     —  
    Payment of debt offering costs     (1,665 )     —  
    Proceeds from the exercise of warrants     49       —  
    Payment of loans payable     (130 )     (167 )
    Payment of finance lease liabilities     (906 )     (22 )
    Repurchases of common stock     (4,710 )     —  
    Net cash used in financing activities     (7,362 )     (189 )
    Net (decrease) increase in cash and cash equivalents     (116,564 )     60,221  
    Cash, cash equivalents and restricted cash at beginning of period     375,597       315,376  
    Cash, cash equivalents and restricted cash at end of period   $ 259,033     $ 375,597  
    Gevo, Inc.
    Reconciliation of GAAP to Non-GAAP Financial Information
    (In thousands)
                             
           Three Months Ended December 31,       Year Ended December 31, 
           2024        2023        2024        2023  
    Non-GAAP Adjusted EBITDA (Consolidated):                            
    Loss from operations   $ (19,646 )   $ (21,337 )   $ (90,824 )   $ (81,835 )
    Depreciation and amortization     6,076       4,684       18,298       19,007  
    Stock-based compensation     2,248       4,335       14,733       17,087  
    Non-GAAP adjusted EBITDA (loss) (Consolidated)   $ (11,322 )   $ (12,318 )   $ (57,793 )   $ (45,741 )
                             
        Three Months Ended December 31,    Year Ended December 31, 
        2024     2023        2024     2023  
    Non-GAAP Adjusted EBITDA (Gevo NW Iowa RNG):                        
    Loss from operations   $ (3,497 )   $ (1,274 )   $ (8,760 )   $ (7,656 )
    Depreciation and amortization     5,233       1,606       8,580       6,705  
    Allocated intercompany expenses for shared service functions     890       890       3,561       3,561  
    Stock-based compensation     46       42       171       102  
    Non-GAAP adjusted EBITDA (Gevo NW Iowa RNG)   $ 2,672     $ 1,264     $ 3,552     $ 2,712  

    Media Contact
    Heather Manuel
    Vice President of Stakeholder Engagement & Partnerships
    PR@gevo.com

    Investor Contact
    Eric Frey, PhD
    Vice President of Corporate Development
    IR@Gevo.com

    The MIL Network –

  • MIL-OSI: Credit Acceptance Announces Completion of $400.0 Million Asset-Backed Financing

    Source: GlobeNewswire (MIL-OSI)

    Southfield, Michigan, March 27, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $400.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $500.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:

    Note Class   Amount   Average Life   Price     Interest Rate  
      A   $ 223,080,000     2.48 years     99.99519 %       5.02 %  
      B   $ 65,780,000     3.14 years     99.97454 %       5.30 %  
      C   $ 111,140,000     3.52 years     99.98897 %       5.71 %  

    The Financing will:

    • have an expected average annualized cost of approximately 5.6% including upfront fees and other costs;
    • revolve for 24 months after which it will amortize based upon the cash flows on the conveyed loans; and
    • be used by us to repay outstanding indebtedness and for general corporate purposes.

    We will receive 4.0% of the cash flows related to the underlying consumer loans to cover servicing expenses. The remaining 96.0%, less amounts due to dealers for payments of dealer holdback, will be used to pay principal and interest on the notes as well as the ongoing costs of the Financing. The Financing is structured so as not to affect our contractual relationships with dealers and to preserve the dealers’ rights to future payments of dealer holdback.

    The notes have not been and will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This news release does not and will not constitute an offer to sell or the solicitation of an offer to buy the notes. This news release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

    Description of Credit Acceptance Corporation

    We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

    Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq stock market under the symbol CACC.  For more information, visit creditacceptance.com.

    The MIL Network –

  • MIL-OSI: Bitget Lists Walrus (WAL) in the Innovation and Web3 Zone

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 27, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Walrus (WAL) on its platform. Trading for WAL/USDT will commence on 27 March 2025, 10:00 (UTC), with a deposit available now and a withdrawal available on 28 March 2025, 11:00 (UTC).

    Walrus is a decentralized storage network that stores and delivers raw data and media files, including videos, images, and PDFs. Walrus splits data into small pieces and distributes them across multiple nodes globally, ensuring data availability even in challenging situations.

    Built on the Sui Network with smart contracts, Walrus improves on protocols like Filecoin and Arweave for programmable, scalable storage. Metadata and proof of availability are stored on Sui, allowing users to leverage the composability, expressivity, and security offered by Sui and the Move programming language. Storage capacity can be tokenized and used as a programmable asset, allowing developers to integrate storage with apps on Sui. However, Walrus isn’t limited to Sui, it’s available to builders on other blockchains like Solana and Ethereum.

    The inclusion of Walrus provides an opportunity for users to engage with an innovative decentralized storage project enhancing data security and accessibility. It expands Bitget’s portfolio of assets available in the Innovation and Web3 Zone, underlining the platform’s commitment to offering promising projects which aligns with user needs and decentralized principles of blockchain technology.
    The Walrus listing further enriches the portfolio of assets available in the Innovation and Meme Zone, a segment customized for tokens that show creativity and cultural relevance. Bitget continues to position itself as a hub for innovative digital assets, enabling users to explore new opportunities in a fast-paced and ever-changing market.

    For more information on Walrus (WAL), users can visit here.

    About Bitget
    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, users can contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to the Terms of Use.

    Contact

    Simran Alphonso
    media@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e0f1dab-b978-4cbd-be2d-b441f546e517

    The MIL Network –

  • MIL-OSI: Global Policy Advisors Releases Report on Rare Earths, U.S. Sovereign Wealth Fund, and the Expanding Role of the Development Finance Corporation

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — Global Policy Advisors LLC (GPA), a recognized authority on sovereign wealth strategies and institutional investment frameworks, has released a new SWF 2050™ report titled “Strategic Metals, Rare Earths: The Role of Development Finance Corporation in a Resource-Backed U.S. Sovereign Wealth Fund.”

    The report examines how critical minerals and rare earths—highlighted in the March 20, 2025 Executive Order titled “Immediate Measures to Increase American Mineral Production”—may serve as funding anchors for a proposed U.S. sovereign wealth fund. While the Executive Order does not directly reference a SWF, GPA’s analysis identifies strong signals pointing toward the development of a resource-backed sovereign investment platform.

    The study also outlines the emerging role of the U.S. International Development Finance Corporation (DFC), particularly the agency’s CEO, who has been tasked by the Executive Order to coordinate with the Departments of Energy, Defense, Interior, and State on critical mineral strategy—positioning the DFC as a likely institutional steward for sovereign capital deployment.

    “As the policy environment evolves, we see the alignment of strategic metals, interagency investment coordination, and sovereign capital as more than coincidental—it’s directional,” said Global Policy Advisors president and sovereign wealth fund expert Salar Ghahramani. “The DFC is uniquely positioned to anchor a future U.S. sovereign wealth fund at the intersection of national interest and market access.”

    Key topics covered in the report include:

    • The Executive Order’s use of the Defense Production Act as a tool for industrial and financial policy
    • Revenue models for a SWF based on mineral royalties and federal land leases
    • Ukraine’s rare earth potential and its broader geopolitical investment context
    • How the DFC could house a sovereign wealth fund and engage external managers
    • Market implications for asset managers, private equity, and strategic supply chains

    Read the summary of the report here:

    https://www.globalpolicyadvisors.com/swf-2050trade/strategic-metals-rare-earths-the-role-of-development-finance-corporation-in-a-resource-backed-us-sovereign-wealth-fund

    About Global Policy Advisors

    Global Policy Advisors® LLC is a boutique sovereign wealth fund advisory to corporations, boards of directors, and institutional investors—including hedge funds, private equity firms, pension funds, and SWFs. GPA’s ​expertise is delivering actionable insights, strategy sessions, and executive briefings on the governance, operations, and investment strategies of sovereign wealth funds.

    The MIL Network –

  • MIL-OSI: XRP Community Goes All in on XploraDEX, The First AI-Powered DEX Sparks Presale Frenzy as Traders Race for $XPL

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 27, 2025 (GLOBE NEWSWIRE) — XploraDEX, the first-ever AI-powered decentralized exchange built on the XRP Ledger, has officially kicked off its $XPL presale and the crypto world is taking notice.

    With wallet data confirming early participation from XRP whales and DeFi strategists, the project is gaining momentum as a potential 100x breakout play in 2025. The $XPL Presale has become the go-to event for XRP holders looking for real innovation, real utility, and real returns.

    Why XploraDEX Has Everyone Talking

    XploraDEX isn’t offering recycled DeFi mechanics. It’s delivering something brand new:

    • AI That Trades Smarter Than You – Machine learning models that analyze markets in real-time and execute trades with precision
    • Built for XRPL Speed – Sub-second settlement, micro-fees, and scalability to rival any chain
    • Smart Liquidity Management – AI constantly optimizes routing and pool balancing to protect against slippage
    • A Dashboard That Thinks – Predictive analytics, volatility alerts, and high-probability setups built into every user’s toolkit

    This isn’t just a new DEX—it’s the first intelligent trading platform ever built for XRP users.

    BUY $XPL TOKENS ON PRESALE

    With presale prices significantly lower than projected listing levels, $XPL offers investors early access to an ecosystem designed for long-term adoption.

    Presale Is Filling Fast – Here’s Why You Need In Now

    XRP’s top traders and communities are already talking. Influencers are watching. The market is preparing. If you’ve been waiting for the next big DeFi opportunity on XRPL—this is it.

    Presale Highlights:

    • Discounted $XPL pricing for early supporters
    • Exclusive access to beta AI tools at launch
    • Extra rewards for early stakers and liquidity providers
    • Community voting rights from Day 1

    $XPL Pre-Sale Round is Live!

    The XPL Token Presale is already attracting major interest, early investors will gain first-mover advantages!

    Buy $XPL Tokens Now: https://sale.xploradex.io

    Whales are already accumulating. You don’t want to be late.

    Conclusion: The Future of XRP Trading Starts Now

    We’re entering a new era one where traders don’t just react to markets… they stay ahead of them. XploraDEX is building that future with AI and XRP at its core. Whether you’re a seasoned DeFi pro or a newcomer ready to go beyond basic swaps, $XPL is your chance to get in early on the next trading evolution.

    Join the $XPL Presale Today: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

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

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a33af546-f13f-470e-9ef0-59b1563faee7

    The MIL Network –

  • MIL-OSI: Dominican Republic: A Global Benchmark for Investment

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, March 27, 2025 (GLOBE NEWSWIRE) — In a global context marked by increasing economic uncertainty and market volatility, the Dominican Republic is consolidating itself as a global benchmark for foreign investment, especially for companies seeking new destinations from which to operate to reduce costs, mitigate risks, and strengthen the resilience of their supply chains.

    With a GDP growth of 5.0% in 2024, the highest in all Latin America and the Caribbean, the country remains one of the most dynamic, outperforming larger economies. For the coming years, this impressive dynamism is expected to continue, with IMF growth projections of 4.5% and 5.1% for 2025 and 2026, respectively, driven by solid political and social stability, a robust financial system, and favorable economic policies for business development. This extraordinary performance has also strengthened the confidence of international investors, reflected in the improvement of the country’s credit rating by major rating agencies such as S&P Global and Fitch Ratings.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    Thus, beyond its idyllic landscapes, the Dominican Republic has managed to establish itself as a key destination for Foreign Direct Investment (FDI). In 2024, according to the United Nations Conference on Trade and Development (UNCTAD), FDI in the country increased by 7.1%, representing 41% of the capital flows captured by Central America.

    The Dominican Republic Industrial Tech revolution is no longer a secret – it’s a movement. This dynamic shift is not only transforming the country’s industrial landscape but is also positioning the Dominican Republic as a central hub for technological innovation, creating exciting opportunities for growth and international partnerships.

    Global companies continue to choose the Dominican Republic to relocate their operations in key sectors such as medical and pharmaceutical products, electrical and electronic devices, textile manufacturing, tobacco and its derivatives, jewelry, among others. Clearly, this outlook shows that nearshoring is not an emerging trend, but a reality in the country. We’ve seen how innovation, investment, and talent are transforming the nation into a powerhouse of technological advancement.

    Free Zones in the Dominican Republic: Engine of Economic Diversification and Nearshoring

    The growing interest in creating more resilient, sustainable, and closer supply chains to end consumer markets has made nearshoring a key competitive strategy for companies. In this context, the Dominican Republic, located just two hours by air and two days by sea from the United States, offers multiple competitive advantages:

    • Geographic proximity to the world’s largest consumer markets.
    • Legal security and clear, predictable rules of the game.
    • Top-level connectivity and logistics infrastructure, with 8 international airports, 18 seaports, 5 logistics centers, and 33 logistics operator companies. This infrastructure includes ports that have positioned themselves as important terminal operators, playing a strategic role in the sustainability of global supply chains.
    • Several Free Trade Agreements, including DR-CAFTA and EPA, which open the doors to more than 900 million potential consumers worldwide.
    • Competitive operational costs.

    These extraordinary advantages, combined with the attractive tax incentives offered by the Free Zones Regime, make the Dominican Republic an unbeatable investment destination for companies looking to relocate or expand their manufacturing operations.

    Free Zones, which have been successfully implemented for over half a century without modifications, have played a crucial role in the industrial and social development of the country, attracting the attention of global companies, including those on the Fortune 500 list, and consolidating themselves as a key pillar of the economy. Their main benefits include:

    • 100% tax exemptions on national and local taxes.
    • Access to a skilled and competitive workforce, with experience in advanced manufacturing processes.
    • Specialized training and development programs.
    • Simplified customs processes that streamline export logistics.
    • Competitive wage structures tailored to the Free Zones Regime.
    • Parks Operators which offer business services and solutions to facilitate the operations of Free Zones companies.

    Clearly, this is an exceptional regime for companies interested in developing operations with certainty and predictability, strengthening their supply chains, and successfully navigating disruptions and changes in the global environment.

    About the Ministry of Industry, Commerce, and MSME’s (MICM)
    MICM is the government agency responsible for the formulation, adoption, monitoring, evaluation, and control of policies in the fields of industry, exports, foreign trade, free zones, special regimes, and SMEs.

    Contact Information

    Ministry of Industry, Commerce, and MSME’s (MICM)
    Vice Ministry of Free Zones and Special Regimes
    (1) 809-685-5171 ext. 1017
    www.micm.gob.do

    For more information, visit:
    www.drfreezones.com

    The MIL Network –

  • MIL-OSI: Rate Surpasses $65M in VA Loan Fee Waivers, Strengthening Commitment to Veterans

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 27, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, has reaffirmed its commitment to veterans by waiving over $65 million in VA loan lender fees since launching its initiative on May 1, 2018. This effort has helped over 47,000 veterans secure home financing without unnecessary costs, making Rate one of the few lenders in the country actively reducing barriers to homeownership for military families.

    “This is what leadership looks like. While others talk about serving veterans, we’ve taken real action—waiving more than $65 million in fees to make homeownership more accessible for the people who’ve served our country. It’s not just about the number. It’s about doing what’s right every single day. We’re proud to lead the industry with transparency, fairness, and a commitment to the families who’ve given so much,” said Victor Ciardelli, CEO and President, Rate Companies.

    “Many lenders claim to prioritize veterans, but some engage in misleading practices that drive up costs,” said Jennifer Beeston, EVP of Mortgage Lending at Rate. “We’re taking a stand by eliminating fees and ensuring veterans get the fair, affordable home financing they deserve.”

    By the Numbers: Rate’s Impact on VA Lending

    • $65,289,930 in lender and application fees waived (2018–2025).
    • 47,617 VA loans closed with fees waived.
    • $0.31 per second waived—every second of every day since the program began.
    • Goal for 2025: Waive an additional $20 million in lender fees.

    A Stark Contrast: Rate vs. Competitor Practices

    Unlike lenders who charge veterans thousands in unnecessary fees, Rate has led with transparency, affordability, and education. The company’s ongoing efforts include:

    • Public education to expose misleading VA loan claims.
    • Direct savings of up to $1,640 per loan for veterans and their families.
    • Continued momentum, with over $18M waived in 2023 and 2024 combined, and a goal of $20 million in 2025.

    As VA lending remains a critical pathway to homeownership for service members, Rate is calling on the industry to do better. Jennifer Beeston is available to discuss veteran lending best practices, industry trends, and real-life examples of how Rate’s fee waivers are making a difference.

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashCloseSM digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact
    press@rate.com

    Operating as Guaranteed Rate, Inc. in New York.

    Guaranteed Rate, Inc. D/B/A Rate; NMLS #2611. For licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Subject to approval. Conditions may apply.

    Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply.

    Rate has no affiliation with the U.S. Department of Housing and Urban Development, the U.S. Department of Veterans Affairs, the U.S. Department of Agriculture, or any other government agency.

    The MIL Network –

  • MIL-OSI: SafeCard Reviews (Read Before Buying): Does It Really Work or Is It a Scam?

    Source: GlobeNewswire (MIL-OSI)

    MONROE, La., March 27, 2025 (GLOBE NEWSWIRE) — The world is gradually going fully digital with the advent of many of the latest technologies. We have embraced the convenience it brings with each tap, swipe, and contactless payment, even though it brings with it a new set of vulnerabilities. The proliferation of digital technologies raises the possibility of illegal access to private data, and resultant theft of personal information. This is where RFID-blocking technology comes into play, and SafeCard is one gadget that has generated a lot of attention.

    SafeCard Reviews

    SafeCard is designed to serve as a portable protector for your personal and financial data. According to the manufacturer claims and many consumer reports, It successfully prevents unwanted scanning by erecting an imperceptible barrier around your credit cards, passports, and other RFID-enabled devices using an innovative RFID and NFC blocking technology. To put it another way, SafeCard quietly protects your sensitive information in the background so you may profit from online transactions without worrying about cybercrime all the time.

    The SafeCard has been trending online and on different blogs because of the many claims and features users stand to gain from getting it. Also, users have asked many questions with the aim of confirming the authenticity and manufacturer’s claims. Is the SafeCard Worth My Dime? SafeCard Consumer Reports? Benefits of SafeCard? How Is the SafeCard better than an RFID Blocking Wallet? You will get to learn the answers to these and even more by the end of this review.

    We will holistically be looking at SafeCards performance, features, consumer reports, usefulness, and design. We are aware that making an informed choice requires a clear, factual analysis of the device’s functionality in real-world situations and we will be giving you just that. We will also discuss actual user experiences of the SafeCard from people in the USA, and Canada. Let’s get started!

    What Is SafeCard?
    (SafeCard Reviews USA, Canada, Australia)

    SafeCard is a thin and lightweight innovative card designed to keep you safe from unwanted access to your digital information. SafeCard provides a crucial line of security for your credit cards, passports, and other RFID-enabled devices in this age of contactless payments and growing cyberthreats. It prevents possible scanners from intercepting your data by establishing an imperceptible electromagnetic barrier using innovative RFID and NFC blocking technologies. Even in crowded public areas, this protective field guarantees that your personal identification and financial information stay private.

    SafeCard has an incredibly tiny design, unlike traditional RFID-blocking devices that come in the form of large wallets or separate sleeves. It blends in perfectly with any wallet, pocketbook, or cardholder thanks to its slightly thicker than one millimeter thickness, which keeps the design simple and elegant without adding extra bulk. SafeCard is a great option for anyone looking for both style and security because of its small size.

    The SafeCard functions passively so it doesn’t need batteries, recharging, or complicated setup. It automatically starts protecting your data by thwarting unauthorized scanning efforts as soon as it is put next to your cards. Whether you’re traveling, commuting, or just running your daily affairs, its sturdy, water-resistant materials guarantee that it can endure normal wear and tear. Essentially, SafeCard offers 24/7 security against digital theft by fusing an innovative technology with a user-friendly design.

    Does The SafeCard Really Work?

    By employing RFID and NFC blocking technology, SafeCard creates an imperceptible electromagnetic barrier that protects your private information from unwanted scanning attempts. SafeCard actively blocks radio frequency signals that hackers could otherwise intercept when it is in your wallet with your credit cards, passports, and other RFID-enabled devices.

    Your financial and personal information is always safe because of this passive interference, which operates constantly without the need for batteries or any setup. SafeCard eliminates the risk of digital theft by creating a protective barrier around your cards that stops skimming devices from accessing or sending your data. Because of its incredibly thin and light form, it fits neatly into any wallet or pocketbook and offers strong yet covert security wherever you go.

    SafeCard essentially provides a hassle-free, automated solution to protect your digital data around-the-clock. It is indispensable for anyone interested in digital security.

    DON’T MISS OUT: SafeCard is Available At A Special Price – Click Here To Order From The Official Website

    What Are the Special Features Of SafeCard?
    (SafeCard Reviews United States)

    The SafeCard has become a must-have device, especially for frequent travelers. Let’s quickly look at the features of the SafeCard RFID/NFC blocking card.

    • Advanced NFC and RFID Blocking Technology: To protect your private data from online scammers, SafeCard uses state-of-the-art NFC (Near Field Communication) and RFID (Radio Frequency Identification) blocking technology. The SafeCard blocks unwanted scanning attempts before they can intercept your financial data by forming a strong undetectable electromagnetic barrier of about 5 centimeters. SafeCard provides complete protection for all RFID-enabled devices, including credit and debit cards, identification badges, smart passports, and tap-to-pay devices, in contrast to traditional security methods that might only protect a subset of cards. Even the most sophisticated skimming tools are made ineffective by the SafeCard tried-and-true protection system, providing you with peace of mind in any crowded or public location.
    • Slim and Compact Design: The days of compromising convenience and style for security are long gone. The smart thin design of the SafeCard, which is only 1.1 mm thick, makes it nearly identical to a regular credit card. Its incredibly thin profile makes it fit neatly into any wallet, pocketbook, or cardholder without adding extra bulk. SafeCard fits in perfectly with your lifestyle, regardless of whether you’re a minimalist who appreciates clean design or someone who carries numerous cards and documents on a regular basis. In addition to preserving your wallet’s overall appearance, its small size guarantees that all of the RFID-enabled cards in your collection are protected without the mess of bulky wallets or conventional RFID-blocking sleeves.
    • 24/7 Protection: SafeCard’s capacity to provide continuous protection without any active action is one of its best qualities. SafeCard offers 24/7 security without requiring batteries or recharging thanks to its passive operation. Its protection field is instantly activated when it is placed next to your RFID-enabled cards, guaranteeing that no unlawful scan is missed. Your personal information is always protected thanks to its always-on security system, whether you’re at home, on the road, or in a crowded public area. SafeCard’s dependable, continuous operation allows you to concentrate on your day while your digital security is taken care of automatically, eliminating the need for planned maintenance or downtime.
    • No Setup Required: SafeCard’s design philosophy is centered on ease of usage. There is no installation, configuration, or technical expertise needed. The SafeCard starts protecting you as soon as you put it in your wallet with your RFID-enabled cards. It’s a simple plug-and-play experience with no buttons to click, software upgrades to handle, or complicated instructions to follow. SafeCard is perfect for users of all ages and technical skill levels because of its simple usage.
    • Award-Winning Innovation: Both customers and industry professionals have acknowledged SafeCard’s superiority. This device, which has received praise and prizes from respectable organizations all around the world, is praised for its innovative approach to digital security. SafeCard has established itself as a reliable and creative solution in digital security thanks to thousands of good reviews and an expanding user base of over 10,000 happy customers. It is the preferred option for people looking for dependable, cutting-edge protection against digital theft due to its demonstrated track record of accomplishment. Choosing SafeCard ensures that you’re always one step ahead of cyber threats by investing in a device that has undergone extensive testing and been praised for its effectiveness and inventiveness.
    • Lightweight: SafeCard is the perfect addition for everyone who appreciates portability because, in spite of its strong security measures, it is remarkably light. Its feather-light design practically never adds weight to your daily carry, maintaining the convenience and comfort of your wallet.
    • Long-lasting and durable: SafeCard’s design places a strong emphasis on durability to make sure it can handle the rigors of regular use. SafeCard is made from high-quality, durable materials and is designed to withstand physical wear and tear, including scratches and water spillage. The sturdy design ensures that your card will stay in perfect shape for lengthy periods of time, offering ongoing protection without the need for regular replacements. SafeCard’s resilience guarantees that it will continue to be a reliable defender of your digital data regardless of the challenges provided by inclement weather or the demands of regular use..
    • Travel-Friendly: SafeCard is a necessary travel companion that blends ease and security for those who travel frequently. You may carry it covertly everywhere you go thanks to its small form, which fits neatly into any pocket or travel wallet without calling attention to itself. SafeCard’s dependable security is especially helpful in transit hubs where RFID skimming is more likely, like train stations, airports, and crowded cities. SafeCard guarantees that your sensitive information is protected during your travels. You can now concentrate on your experiences without having to worry about digital theft thanks to this travel-friendly feature.

    Are SafeCards Safe?

    SafeCards are designed to protect against illegal digital scanning and RFID skimming. SafeCard creates a barrier that keeps your RFID cards and documents protected when you slide them into your wallet.

    SafeCards provide complete protection for all RFID-enabled objects, including credit cards, passports, and even key cards, so it’s not just about stopping one kind of card. The verified efficiency reduces the possibility of illegal data collection in congested public areas such as busy transit stations, shopping malls, and airports.

    Once positioned next to your cards, they constantly protect your information around-the-clock because they don’t need batteries or active setup. Thanks to this hands-off design, you won’t have to bother about upkeep, which guarantees that your data is safe every day.

    The increasing quantity of glowing client testimonials also supports its safety. SafeCards are praised by users for providing peace of mind by lowering the danger of fraud and identity theft. Cybersecurity experts agree that SafeCards are a helpful personal security tool. The SafeCards is 100% safe and will not disappoint when you need them the most!

    How Do You Use SafeCard?

    SafeCard doesn’t require any technical setup and is incredibly user-friendly. Unlike other security devices, SafeCard runs passively, so you don’t need to charge it, turn it on, or do any other maintenance. Use SafeCard effectively by doing the following:

    • Unbox and Place SafeCard in Your Wallet: Place SafeCard in your wallet, purse, or cardholder just like you would with a regular credit card.
    • Place SafeCard Next to Your RFID-Enabled Cards: Keep your SafeCard near your contactless payment cards, identification cards, or passports for optimal security. One SafeCard can be used to protect several cards.
    • Take Advantage of Automatic RFID Protection: SafeCard begins to function as soon as it is in your wallet. By emitting a low-frequency signal that tampers with RFID scanners, it stops unauthorized access to private data.

    Is SafeCard Shield Legit?

    SafeCard Shield, a small and powerful RFID-blocking card made to protect your private data, is one product that has drawn a lot of interest. But is the SafeCard Shield genuine? The answer is definitely yes!

    SafeCard Shield’s innovative RFID and NFC blocking technology keeps data thieves at bay by erecting an imperceptible barrier around your RFID-enabled cards. Even with sophisticated scanning tools, SafeCard Shield ensures hackers cannot access your information, including your credit card, passport, or work ID. SafeCard Shield provides universal protection and is remarkably thin and light, unlike conventional RFID-blocking wallets that are large and costly.

    SafeCard Shield’s passive, battery-free operation is one of the things that makes it stand out as a genuine security tool. SafeCard Shield operates automatically around the clock, unlike other RFID blockers that need to be charged or powered by external sources. It offers immediate, continuous security without requiring setup, activation, or upkeep; just put it in your wallet next to your RFID-enabled cards.

    Thousands of excellent reviews from happy clients around the world are another indication of SafeCard Shield’s genuineness. Many users have reported feeling more at ease while traveling, shopping, or commuting in crowded areas. Additionally, tech reviewers and security experts have acknowledged SafeCard Shield as a straightforward and effective method of preventing unwanted RFID reading.

    Additionally, SafeCard Shield is composed of premium, long-lasting materials that guarantee protection for an extended period. Even after regular usage, its scratch-proof and water-resistant design ensures dependability. You can rely on SafeCard Shield to safeguard your private information for many years. SafeCard Shield is entirely legit!

    CLICK HERE NOW TO GET SAFECARD DIRECTLY FROM THE OFFICIAL WEBSITE AT A MASSIVE DISCOUNT

    Best Places To Use SafeCard (SafeCard Review)

    SafeCard is a flexible addition to your daily security routine because it is made to offer strong protection wherever you go. Your credit cards, passports, and other RFID-enabled devices will always be protected thanks to its sophisticated passive RFID and NFC blocking technology.

    Airports are one of the best places for frequent travelers to take advantage of SafeCard. SafeCard provides a covert layer of security in crowded terminals where digital skimming is common. As you move through congested security lines, lounges, and boarding gates, it guards against illegal scanning.

    Another situation where SafeCard excels is on public transit. Because of the close quarters and quick person turnover, buses, trains, and subways are frequently hotspots for digital pickpocketing. A proactive step that protects your personal information while you commute every day is keeping your SafeCard in your wallet.

    SafeCard is also used in restaurants and retail establishments. The possibility of illegal data collection rises as more companies use contactless payment methods. SafeCard helps guarantee that your digital payment information remains safe as you take advantage of the convenience of tap-to-pay transactions, whether you’re at a busy restaurant, a small boutique, or a retail mall.

    The device is equally useful in professional environments such as co-working spaces and offices. Credit, debit, and access cards are among the several cards that business workers frequently carry. By using SafeCard in these settings, possible data breaches that can happen in open-plan workplaces or while traveling for work are avoided. It adds an additional degree of protection without disrupting your productivity.

    Furthermore, SafeCard can be used most effectively at educational institutions and public gatherings like conferences, concerts, and festivals. SafeCard makes sure that your financial and personal information is safe from any cyber threats in these busy places where there are many distractions and personal security can occasionally take a backseat. The SafeCard blends in well with your lifestyle wherever you are because of its thin, light design.

    Pros of SafeCard (SafeCard Reviews)

    Below are a few benefits of having the SafeCard with you all the time:

    • Advanced RFID and NFC blocking technology.
    • Incredibly thin design blends in perfectly with any wallet without adding bulk.
    • No need for batteries
    • Offers round-the-clock protection.
    • Several RFID-enabled cards are protected at once
    • Sturdy, water-resistant, and scratch-resistant.
    • Thin and lightweight
    • User-friendly for people
    • No-setup installation needed.
    • 30-day money back guarantee

    Cons (SafeCard Reviews)

    Below are a few drawbacks of the SafeCard:

    • Only RFID-enabled devices are protected; physical theft is not covered.
    • Only works when kept in the same wallet as your cards.
    • Retail availability is limited because purchases can only be made on the official website.
    • Limited in stock so hurry while supplies last.

    DON’T MISS OUT: SafeCard is Available At A Special Price – Click Here To Order From The Official Website

    SafeCard Reviews Consumer Reports USA, Canada, Australia, UK

    Below are reviews from verified users of the SafeCard:

    • Melissa H. | Verified Buyer -“I love going to holiday markets, but after watching my friend lose hundreds to a scammer, I knew I needed protection. SafeCard blocks thieves silently, and I haven’t had an issue since. It’s the best purchase I’ve made for my security!”
    • Rachel T . | Verified Buyer – “While traveling through Rio, I discovered my bank account had been drained by scammers. I was devastated. A fellow traveler recommended SafeCard, and it’s been a lifesaver ever since. No more stolen data, no more stress. Now I can travel with confidence knowing my wallet is secure.”
    • James K. | Verified Buyer -“I bought a 3-pack of SafeCards so my wife and kids could have one too. Now, wherever we go, we know our data is secure. It’s such a relief!”

    How Much Does A SafeCard Cost?

    Right now, the SafeCard is currently being offered at a discounted price, especially if you purchase straight from the manufacturer. The SafeCard at its current price is unquestionably a fantastic deal for a product with such high-end features. The following costs are associated with obtaining your own SafeCard:

    Where Can I Order SafeCard in the USA, Canada, and Australia?

    To ensure that you receive the genuine product with full warranty coverage, it is recommended that you purchase SafeCard directly from the manufacturer’s official website.

    Buying from the official website not only guarantees authenticity but also gives you access to any special offers, discounts, or package discounts that might not be available from third-party sellers. Additionally, the official website ensures that your private card information is secure. On the manufacturer’s website, you can easily place your order with hassle-free shipping guaranteed.

    CLICK HERE NOW TO BUY SAFECARD DIRECTLY FROM THE OFFICIAL WEBSITE AT A MASSIVE DISCOUNT

    SafeCard Reviews: Frequently Asked Questions

    We will be providing answers to some frequently asked questions on the SafeCard RFID blocking device. Please go through it as you will gain extra information about the use and functioning of the device:

    Do Safe Shield Cards Really Work?

    SafeCard has been shown to be successful in preventing unwanted RFID scanning, according to several user reports and independent evaluations. It greatly lowers the risk of data skimming, a typical tactic used by fraudsters, by erecting an imperceptible barrier around your RFID-enabled cards. SafeCard’s innovative design and technologies provide a strong line of defense that improves your overall digital security.

    What is the difference between SafeCard and conventional RFID-blocking wallets?

    Conventional RFID-blocking wallets are designed to use integrated panels or several large sleeves, which can be inconvenient and add extra weight. Conversely, SafeCard provides an even higher degree of security but is made to be thin and undetectable. Multiple cards are protected simultaneously by its single-card design, which eliminates the need for separate compartments.

    Is it simple to use SafeCard?

    Definitely, SafeCard’s ease of use is one of its main benefits. No buttons need to be pressed, no complex setup, and no technical knowledge is required. SafeCard starts working as soon as you put it in your wallet with your RFID-enabled cards. It is the perfect answer for people from all walks of life because of its passive functioning, which guarantees users can enjoy continuous protection without worrying about configuration or recharging.

    Can other RFID-enabled devices be used with SafeCard?

    SafeCard is designed to provide all-around safety for many RFID-enabled devices all at once. SafeCard’s innovative technology builds a complete barrier that prevents unwanted scanning attempts on a variety of devices, including credit cards, debit cards, passports, access cards, and even identification badges. It is a practical option for anyone wishing to secure several RFID devices without having to deal with buying separate protective gear or tools.

    Who needs the SafeCard?

    Anyone who wants to improve their digital security and uses RFID-enabled devices should consider getting the SafeCard. This includes professionals with hectic schedules, frequent travelers, students, and even casual users who are worried about RFID skimming threats. It is a useful addition for people who appreciate convenience and security because of its simplicity of use, small size, and dependable protection. SafeCard can be easily incorporated into your lifestyle, regardless of whether you’re a tech expert or someone searching for a simple security solution.

    What are the opinions of actual users regarding SafeCard?

    The majority of actual user reviews have been favorable, with numerous clients complimenting SafeCard on its efficiency, ease of use, and stylish appearance. When traveling or shopping in congested areas, users report feeling more at ease. For those who are worried about the security issues associated with RFID, the high customer satisfaction percentage indicates that it is a smart investment.

    Conclusion on SafeCard RFID Blocking Card Reviews

    Modern RFID and NFC blocking technology employed by SafeCard prevents unwanted scanning and safeguards private data on credit cards, passports, and other RFID-enabled devices. It’s incredibly thin profile guarantees protection without the hassle of bulk or complicated setups, while also preserving the elegant appearance of contemporary wallets.

    During our review, we found that SafeCard’s smooth, passive protection sets it apart from other conventional RFID-blocking devices. The SafeCard starts protecting your digital data as soon as it is in your wallet and doesn’t require any further upkeep or power sources. Customers have praised the device’s longevity, highlighting its scratch- and water-resistant design as two significant daily-use benefits.

    SafeCard provides a practical and dependable defense against typical travel risks including digital theft and unauthorised data skimming. Its strong performance and simple design make it a desirable option for frequent travelers, busy professionals, and anybody else worried about the security of their personal information.

    Many USA consumer reports support the manufacturer’s claims with many real users stating that it exceeded their expectations. The SafeCard is a wise and proactive way to stay safe in these dangerous times of sophisticated data theft. Why travel scared when you can do your trips confidently with SafeCard? You can stay safe all through your trips by getting your own SafeCard!

    DON’T MISS OUT: SafeCard is Available At A Special Price – Click Here To Order From The Official Website

    Contact: SafeCard
    Email: support@safecardshield.com

    Disclaimer:
    This article is intended for informational and educational purposes only. It does not constitute professional, legal, or cybersecurity advice. While SafeCard may help reduce the risk of RFID-based digital theft, no security product can guarantee 100% protection in all scenarios. Individual results may vary based on usage and other factors. Always exercise general caution and follow best practices when safeguarding your financial and personal data. The publisher and all parties involved in the creation and distribution of this content are not liable for any misuse, loss, or damages arising from the use or reliance on the information provided herein. Always consult the official product website or customer support for the most accurate and updated details.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/5b2f8b2b-7614-471e-bc04-df63db036bea

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b1e8d76f-8ecf-4176-a754-f9f916e782ff

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7e1131b2-5041-4305-8773-cc7188774ecf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4ad570a4-17b3-4a6f-aaa3-17fc4a2788e1

    The MIL Network –

  • MIL-OSI: Phyllis Nomura Promoted to Chief Financial Officer of First Fed Bank and First Northwest Bancorp

    Source: GlobeNewswire (MIL-OSI)

    PORT ANGELES, Wash., March 27, 2025 (GLOBE NEWSWIRE) — First Northwest Bancorp (NASDAQ: FNWB) and its subsidiary First Fed Bank (collectively the “Company”), today announced the promotion of Phyllis Nomura to Executive Vice President and Chief Financial Officer of First Fed. She will also serve as EVP/CFO and as Treasurer for First Northwest. Nomura joined First Fed as Senior Director of Accounting in November 2024.

    “We are excited to welcome Phyllis to our executive team. She was hired in 2024 as part of our management succession plan and brings over 30 years of experience in accounting, finance, and audit. Her leadership skills and experience are a meaningful addition to our team,” said Matt Deines, President and CEO of FNWB and First Fed.

    “I am deeply honored to step into the role of Chief Financial Officer. In the time I have been a part of this incredible team, I’ve witnessed first-hand our unwavering commitment to our mission to improve the lives of those we serve. I am thrilled to be working alongside our talented team and to continue building on our strong foundation and creating value for our customers, employees, communities, and shareholders,” said Nomura.

    Nomura brings more than 20 years of financial experience in Chief Financial Officer (CFO) positions. Prior to joining First Fed, she served as CFO of the YWCA Seattle King Snohomish, located in Seattle, from May 2023 to November 2024, and CFO of Kosmos Management, in Seattle, from August 2016 to November 2022, and CFO of First Sound Bank, also in Seattle, from June 2013 to January 2016. She held other CFO positions prior to First Sound Bank and served as an Auditor and Senior Audit Manager at Deloitte from January 1994 to September 2001. Nomura holds a Bachelor of Business Administration degree from Grand Valley State University and is a licensed CPA.

    Consistent with the management succession plan, Geri Bullard will continue to serve as Chief Operating Officer leading the Bank’s initiatives to enhance profitability, efficiency, and back-office operations. She is responsible for our core operating system and related systems. Her financial background will be invaluable to the Bank as she focuses on leading departments that are critical to our success.

    “Geri is the hardest working person I have ever known. She has handled her responsibilities as CFO with aplomb, managing our Accounting and Finance Team, SEC reporting, budgeting and financial planning. She has significantly enhanced the Accounting and Finance teams, our financial reporting, investment portfolio, expense management, financial analysis, interest rate and liquidity reporting and capital management. Her work with our balance sheet restructure over the past five quarters helped place us in the position to return to profitability in 2025 and beyond. She is a loyal and trusted advisor to me, the Board, and the entire Senior Team,” said Deines.

    About FNWB

    First Northwest Bancorp (Nasdaq: FNWB) is a financial holding company engaged in investment activities including the business of its subsidiary, First Fed Bank. First Fed is a Pacific Northwest-based financial institution which has served its customers and communities since 1923. Currently First Fed has 18 locations in Washington state including 12 full-service branches. First Fed’s business and operating strategy is focused on building sustainable earnings by delivering a full array of financial products and services for individuals, small businesses, non-profit organizations and commercial customers. In 2022, First Northwest made an investment in The Meriwether Group, LLC, a boutique investment banking and accelerator firm. Additionally, First Northwest focuses on strategic partnerships to provide modern financial services such as digital payments and marketplace lending. First Northwest Bancorp was incorporated in 2012 and completed its initial public offering in 2015 under the ticker symbol FNWB. First Fed is headquartered in Port Angeles, Washington.

    First Fed Bank was recognized by Puget Sound Business Journal as a Best Workplace in 2023 and top Corporate Philanthropist in 2023 and 2024. By popular vote, First Fed received 2024 awards for Best Bank and Best Lender in Best of the Peninsula for Clallam County. First Fed is a Member FDIC and equal housing lender.

    Contact: Matthew P. Deines
    President & CEO
    (360) 457-0461

    The MIL Network –

  • MIL-OSI: AssetMark Announces Organizational Changes as Adhesion CEO Barrett Ayers Plans to Retire at End of 2025

    Source: GlobeNewswire (MIL-OSI)

    CONCORD, Calif., March 27, 2025 (GLOBE NEWSWIRE) — AssetMark, a leading wealth management solutions provider, today announced that Barrett Ayers, President and CEO of Adhesion, will retire after 20 years at Adhesion. Michael Kim, in addition to his current role as CEO of AssetMark, will assume the role of President and CEO of Adhesion Wealth. Adhesion Wealth is a wholly owned subsidiary of AssetMark. Mr. Ayers will remain an employee through the end of 2025 before retiring.

    Since acquiring Adhesion Wealth in 2022, AssetMark has continued to enhance its RIA-focused solutions, technology, and services. As part of this ongoing commitment, AssetMark remains dedicated to providing RIAs with the most comprehensive, efficient, and scalable platform to support their growth and client success.

    “We want to express our deep gratitude to Barrett for his dedication and contributions to Adhesion Wealth. His leadership has been instrumental in shaping the firm, which today provides enhanced efficiency and flexibility for RIAs. Adhesion Wealth is a trusted platform for independent advisors nationwide, and we will continue to invest and grow in the RIA market. The RIA space is experiencing an exciting phase of growth, innovation, and investment, and we remain laser-focused on equipping advisors with the tools, technology, and expertise they need to thrive,” said Michael Kim, President and CEO of AssetMark and Adhesion Wealth.

    As part of AssetMark’s continued investment, Adhesion Wealth will introduce a suite of consulting services, including Advanced Planning, Outsourced Marketing, and Business Consulting, designed to help RIAs accelerate organic growth in 2025. Over time, Adhesion Wealth plans to implement AssetMark’s industry-renowned capabilities including institutional tax management, tax transition solutions, and private market investments—empowering advisory firms with enhanced tools to better serve their clients.

    Ayers commented, “It has been the honor of a lifetime to lead Adhesion Wealth, supporting an incredible community of advisors. Watching their focus on delivering exceptional client outcomes has been truly inspiring. With Michael at the helm, alongside the most gifted and dedicated team in the business, I am confident that Adhesion and AssetMark will take the platform – and our advisors – to new heights.”

    Lou Maiuri, Group CEO and Chairman of AssetMark remarked, “Barrett’s legacy is one of innovation, hard work, and an unwavering commitment to empowering independent advisors. We thank him for his invaluable contributions to both Adhesion and the broader RIA community. I am confident that the exceptional leadership team we’ve assembled at AssetMark and Adhesion will continue to deliver on our mission—providing advisors with industry-leading solutions to drive client success.”

    About AssetMark

    AssetMark operates a wealth management platform whose mission is to help financial advisors and their clients. AssetMark, together with its affiliates AssetMark Trust Company, Voyant, and Adhesion Wealth Advisor Solutions, serves advisors at every stage of their journey with flexible, purpose-built solutions that champion client engagement and drive efficiency. Its ecosystem of solutions equips advisors with services and capabilities to help deliver better investor outcomes by enhancing their productivity, profitability, and client satisfaction.

    With a history going back to 1996, AssetMark has over 1,000 employees, and its platform serves over 10,700 financial advisors and over 317,000 investor households. As of December 31, 2024, the Company had over $139 billion in platform assets. AssetMark, Inc. is a Registered Investment Adviser with the U.S. Securities and Exchange Commission. For more information, please visit www.assetmark.com. Follow us on LinkedIn.

    Media:
    Vesselina Davenport
    Public Relations & Communications
    vesselina.davenport@assetmark.com

    The MIL Network –

  • MIL-OSI: Cegedim Full year 2024 results: Operating profitability improved

    Source: GlobeNewswire (MIL-OSI)

     

    PRESS RELEASE

    Quarterly financial information as of December 31, 2024
    IFRS – Regulated information – Audited

    Full year 2024 results: Cegedim’s operating profitability improved

    • 2024 revenues rose 6.3% to €654.5 million
    • Recurring operating income(1) increased 24.7% to €39.5 million
    • Recurring operating margin came to 6.0% in 2024, up from 5.1% in 2023

    Boulogne-Billancourt, France, March 27, 2025, after the market close

    Cegedim generated consolidated revenues of €654.5 million in 2024, an increase of 6.3%, and recurring operating income(1)of €39.5 million, a 24.7% increase. Recurring operating margin was 6.0%, up from 5.1% one year earlier.

    Consolidated income statement

      2024 2023 Change
      (in €m) (in %) (in €m) (in %) (in %)
    Revenue 654.5 100% 616.0 100.0% +6.3%
    EBITDA(1) 123.6 18.9% 108.8 17.7% +13.5%
    Depreciation and amortization -84.1 -12.8% -77.2 -12.5% +9.0%
    Recurring operating income(1) 39.5 6.0% 31.7 5.1% +24.7%
    Other non-recurring operating income and expenses(1) -28.4 -4.3% -11.7 -1.9% -143.0%
    Operating income 11.1 1.7% 20.0 3.2% -44.5%
    Financial result -20.9 -3.2% -11.9 -1.9% -75.8%
    Total tax -5.8 -0.9% -14.8 -2.4% -61.1%
    Net profit attributable to owners of the parent -14.7 -2.2% -7.4 -1.2% -98.6%
    Earnings per share (in euros) -1.1 – -0.5 – -120.0%

    Consolidated revenues: rose €38.5 million, or +6.3%, to €654.5 million in 2024 compared with €616.0 million in 2023. The positive scope effect of €8.2 million, or 1.4%, was attributable to the first-time consolidation of Visiodent starting March 1, adjusted for the deconsolidation of INPS from Cegedim’s accounts since December 10. The positive currency impact was €1.1 million, or 0.2%. Like-for-like(2) revenue increased +4.7% over the period.

    Recurring operating income(1): rose €7.8 million in 2024 to €39.5 million compared with €31.7 million in 2023. It amounted to 6.0% of 2024 revenue compared with 5.1% in 2023. This increase was driven chiefly by the profitability improvement in the insurance businesses, especially the Software and BPO offerings, as well as further strong growth in Cegedim Business Services in Human Resources and in digitalized flow services for businesses and healthcare. Another highlight of the year’s results was the very strong performance of the marketing in pharmacies offering and the positive contribution from the first-time consolidation of Visiodent.

    Other non-recurring operating income and expenses(1): amounted to an expense of €28.4 million in 2024 compared with an income of €11.7 million in 2023. Following the voluntary placement of its INPS subsidiary in administration, the Group recognized a capital loss of €8.8 million. The remainder consists of an €8.6 million asset impairment charge on its software for pharmacies business in France and the United Kingdom and a goodwill impairment charge of €4.7 million related to its Clamae subsidiary. Of this total of €28.4 million, the cash impact was only €5.7 million, related principally to payroll costs.

    Depreciation and amortization expenses: rose €6.9 million in 2024. Amortization of R&D costs rose €6.0 million year on year compared with 2023, and depreciation of capital expenditures rose €2.4 million as a result of investments in the operations of cegedim.cloud and C-Media. Amortization of intangible assets and depreciation of right-of-use assets declined by €1.5 million.

    EBITDA: the €14.8 million or 13.5% increase between 2023 and 2024 was the result of a stabilization in payroll costs, external expenses and purchases used relative to the pace of revenue growth, reflecting the special attention the Group paid to cost control.

    Financial result: was a loss of €20.9 million, down €9.0 million compared with 2023, owing to a provision related to the voluntary placement of INPS in administration and the increase in interest expense owing to the new financing arrangement put in place in the summer.

    Total tax: came to a charge of €5.8 million, down €9.0 million compared with 2023. As a reminder, note that in 2023 the Group made a €12.3 million accounting adjustment to previously recognized deferred tax assets. The adjustment had no cash impact and was intended to reflect recent developments in judicial precedent that led the Group to measure its potential unrealized gain more conservatively.

    Analysis of business trends by division

    in millions of euros Total Software & Services Flow Data & Marketing BPO Cloud & Support
    Revenue            
    2023 as reported 616.0 326.6 95.9 114.9 71.5 7.1
    2023 reclassified (*) 616.0 302.3 93.4 114.9 71.5 33.9
    2024 654.5 307.8 100.3 125.9 82.7 37.8
    Change +6.3% +1.8% +7.3% +9.6% +15.8% +11.3%
                 
    Recurring operating income(3)            
    2023 as reported 31.7 4.2 12.1 15.9 4.0 -4.5
    2023 reclassified (*) 31.7 2.3 11.2 15.9 4.1 -1.8
    2024 39.5 5.1 12.5 16.5 7.2 -1.9
    Change +24.7% +126.7% +11.8% +3.5% +77.2% -5.0%
                 
    Recurring operating margin            
    2023 as reported 5.1% 1.3% 12.6% 13.9% 5.5% -62.9%
    2023 reclassified (*) 5.1% 0.8% 11.9% 13.9% 5.7% -5.2%
    2024 6.0% 1.7% 12.4% 13.1% 8.7% -4.9%
                 

    (*)As of January 1, 2024, our Cegedim Outsourcing and Audiprint subsidiaries—which were previously housed in the Software & Services division—as well as BSV—formerly of the Flow division—have been moved to the Cloud & Support division in order to capitalize on operating synergies between cloud activities and IT solutions integration.

    • Software & Services: 2024 revenue rose 1.8%, boosted by the HR solutions, insurance businesses and the first-time consolidation of Visiodent from March 1, 2024. The pharmacy business and Cegedim Santé felt the impact of comparisons with Ségur public health investment spending, while the international businesses recorded a business contraction owing to the decision to wind down, then shutter its software for doctors business in the United Kingdom.

    Recurring operating income (REBIT) amounted to €5.1 million in 2024, a €2.8 million increase compared with income of €2.3 million in 2023. Of this income, €3.2 million flowed from the firmer business trends at Cegedim Santé, chiefly as a result of the first-time consolidation of Visiodent. This cost control policy together with strong activity levels boosted the Insurance business, and HR solutions also made a positive contribution to the improvement in recurring operating income. The pharmacy software business in France was adversely affected by the slowdown in equipment sales after many pharmacies updated their equipment in 2023. The international businesses recorded a small decrease in their recurring operating income owing to the deconsolidation of INPS, which incurred expenses for the Pharmacy business in the United Kingdom.

    Software & Services Change
    2024/2023 reclassified
    in millions of euros 2024 2023 reclassified (*) 2023 as reported
    Revenue 307.8 302.3 326.6 +5.5 +1.8%
    Cegedim Santé 80.2 76.5 76.5 +3.7 +4.8%
    Insurance, HR, Pharmacies, and other services 176.7 173.3 197.6 +3.4 +2.0%
    International businesses 50.9 52.5 52.5 -1.6 -3.0%
    Recurring operating income(4) 5.1 2.3 4.2 +2.8 +126.7%
    Cegedim Santé 0.3 -2.9 -2.9 +3.2 +111.9%
    Insurance, HR, Pharmacies, and other services 13.3 12.8 14.7 +0.5 +4.4%
    International businesses -8.5 -7.6 -7.6 -0.9 -12.4%

    (*)As of January 1, 2024, our Cegedim Outsourcing and Audiprint subsidiaries—which were previously housed in the Software & Services division—have been moved to the Cloud & Support division in order to capitalize on operating synergies between cloud activities and IT solutions integration.

    • Flow: Revenue rose 7.9%, propelled by e-business, e-invoicing, and digitized data exchanges (+5.6%), and by the Third-party payer business (+9.9%), which was supported by the powerful momentum of its fraud detection and long-term illness detection offerings.         
      The €1.3 million improvement, or +11.8% increase, in recurring operating income was driven by the rapid growth in the business and by a tight grip on expenses and payroll costs.
    • Data & Marketing: Revenue came to €125.9 million, up +9.6% on the back of a record performance by the Marketing division. It posted growth of 19.9%, underpinned by its phygital media communication strategy and boosted by special campaigns during the Olympic Games. Even though performance in 2023 was highly impressive, the Data business still managed to post growth of 1.6% in 2024.

    The division’s recurring operating income(1) grew by €0.6 million or +3.5% owing to the Marketing division converting robust revenue growth into operating income growth. On the other hand, the slowdown in international Data was a drag on the division’s profitability.

    • BPO: the division’s revenues grew 15.8% in 2024 compared with 2023, owing principally to services managed on behalf of health and personal protection insurers, which grew by 20.2% as a result of its flourishing overflow business and a favorable comparison linked to the start of the new contract with Allianz on April 1, 2023. Revenues from services management on behalf of HR departments rose 5.5%.

    The division’s recurring operating income rose by €3.1 million, or +77.2%. Most of this increase came from BPO Business services, which benefited from the tight control of payroll costs amid revenue growth and an allocation of its internal IT expenses more appropriate for its business level. The business for insurers posted an increase in recurring operating income, despite the costs incurred on the Allianz contract, as a result of the improvement in the profitability of other BPO contracts and, crucially, the impact of its flourishing overflow offering.

    • Cloud & Support: the Cloud & Support division posted a revenue increase of €3.9 million on the back of its expanded range of sovereign cloud-backed products and services, which earned the ANSSI security visa for SecNumCloud

    certification. The 2024 recurring operating loss(1) was €1.9 million, almost stable compared with 2023, demonstrating the Cloud business’ ability to offset the support activity expenses.

    Highlights

    To the best of the Company’s knowledge, there were no events or changes during 2024 that would materially alter the Group’s financial situation.

    • Acquisition of Visiodent

    On February 15, 2024, Cegedim Santé acquired Visiodent, a key French publisher of management software for dental practices and health clinics. Visiodent launched the market’s first 100% SaaS solution, Veasy, at a time of significant expansion for those organizations. Its users now include the country’s largest nation-wide networks of health clinics, both cooperative and privately owned, as well as several thousand dental surgeons in private practice. Visiodent generated revenue of c.€10 million in 2023 and began contributing to Cegedim Group’s consolidation scope on March 1, 2024.

    On December 10, 2024, Cegedim announced that it had voluntarily placed its UK subsidiary—INPS, which sells software for doctors—under administration.

    • New financing arrangement

    On July 31, 2024, Cegedim announced that it had secured a new financing arrangement consisting of a €230 million syndicated loan. The arrangement is split into €180 million of lines drawn upon closing to refinance the Group’s existing debt (RCF and Euro PP, which were to mature in October 2024 and October 2025 respectively) and an additional, undrawn revolving credit facility (RCF) of €50 million. This new financing arrangement will bolster the Group’s liquidity and extend the maturity of its debt to, respectively, 5 years (€30 million, payments every six months); 6 years (€60 million, repayable upon maturity); and 7 years (€90 million, repayable upon maturity).

    Cegedim S.A. has been subject to two tax audits since 2018, which have resulted in reassessments relating to the use of tax-loss carryforwards contested by the tax authorities. After consultation with its lawyers and based on the applicable tax law and ample precedent, Cegedim S.A. believes that the tax authorities’ proposed reassessments are unwarranted. As a result, the Company has appealed the decision and continues to explore its options for contesting the reassessments.

    In the event of an unfavorable ruling, based on the tax losses used up to December 31, 2024, Cegedim S.A. would have to book tax expense of €30.8 million in its P&L, of which it has already paid €23 million, and to cancel €4.1 million in deferred tax assets, which would not entail any cash outflow.

    In the last quarter of 2023, the Company referred this dispute to the administrative court, and the dispute is likely to continue for several years.

    Significant transactions and events post December 31, 2024

    To the best of the Company’s knowledge, there were no post-closing events or changes after December 31, 2024, that would materially alter the Group’s financial situation.

    Outlook

    Based on the currently available information, the Group expects 2025 like-for-like(1) revenue growth to be in an approximative range of 2-4% relative to 2024. Recurring operating income should continue to improve, following a similar trajectory to 2024.

    These targets are not forecasts and may need to be revised if there is a significant worsening of geopolitical, macroeconomic, or monetary risks.

    —————

    The Audit Committee met on March 26, 2025. The Board of Directors, chaired by Jean-Claude Labrune, met on March 27, 2025. It approved the consolidated financial statements at December 31, 2024, and will ask the Shareholders’ Meeting to approve the financial statements for the year 2024. The consolidated accounts have been audited. The statutory auditors’ report will be issued once the formalities required for submission of the Universal Registration Document have been completed.

    The Universal Registration Document will be available in a few days’ time, in French and in English, on our website.

    ———

    (1) At constant scope and exchange rates.

    WEBCAST ON MARCH 27, 2025, AT 6:15 PM (PARIS TIME)
    The webcast is available at:www.cegedim.fr/webcast

    The fiscal 2024 results presentation is available on the website:

    https://www.cegedim.fr/finance/documentation/Pages/presentations.aspx

    Financial calendar for 2025

    2025 March 28 at 10:00 am

    April 24 after the close

    June 13 at 9:30 am

    July 24 after the close

    September 25 after the close

    September 26 at 10:00 am

    October 23 after the close

    		 SFAF meeting

    Q1 2025 revenues

    Shareholders’ meeting

    H1 2025 revenues

    H1 2025 results

    SFAF meeting

    Q3 2025 revenues

    Financial calendar: https://www.cegedim.fr/finance/agenda/Pages/default.aspx

    Disclaimer
    This press release is available in French and in English. In the event of any difference between the two versions, the original French version takes precedence. This press release may contain inside information. It was sent to Cegedim’s authorized distributor on March 27, 2025, no earlier than 5:45 pm Paris time.
    The figures cited in this press release include guidance on Cegedim’s future financial performance targets. This forward-looking information is based on the opinions and assumptions of the Group’s senior management at the time this press release is issued and naturally entails risks and uncertainty. For more information on the risks facing Cegedim, please refer to Chapter 7, “Risk management”, section 7.2, “Risk factors”, and Chapter 3, “Overview of the financial year”, section 3.6, “Outlook”, of the 2023 Universal Registration Document filed with the AMF on April 3, 2024, under number D.24-0233.

    About Cegedim:
    Founded in 1969, Cegedim is an innovative technology and services group in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs nearly
    6,700 people in more than 10 countries and generated revenue of over €654 million in 2024.
    Cegedim SA is listed in Paris (EURONEXT: CGM).
    To learn more please visit: www.cegedim.fr
    And follow Cegedim on X: @Cegedimgroup, LinkedIn, and Facebook.

    Aude Balleydier
    Cegedim
    Media Relations and
    Communications Manager

    Tel.: +33 (0)1 49 09 68 81
    aude.balleydier@cegedim.fr

    		 Damien Buffet
    Cegedim
    Head of
    Financial Communication

    Tel.: +33 (0)7 64 63 55 73
    damien.buffet@cegedim.com

    		 Céline Pardo
    Becoming RP Agency
    Media Relations Consultant

    Tel.:         +33 (0)6 52 08 13 66
    cegedim@becoming-group.com

    		  

    Appendix

    Consolidated financial statements at December 31, 2024

    • Assets at December 31, 2024
    In thousands of euros 12/31/2024 12/31/2023
    Goodwill arising on acquisitions 235,747 199,787
    Development costs 857 1,562
    Other intangible assets 190,555 192,616
    Intangible assets 191,412 194,178
    Land 594 544
    Buildings 1,451 1,660
    Other property, plant and equipment 51,539 45,829
    Advances and non-current assets in progress 4,876 831
    Right-of-use assets                   86,273                   89,718
    Property, plant and equipment 144,733                 138,582
    Equity investments 0 0
    Loans 14,156 15,332
    Other financial assets 5,820 5,230
    Financial assets excluding investments in affiliates 19,976 20,563
    Investments in affiliates 15,354 22,065
    Deferred tax assets 16,597 19,747
    Prepaid expenses: long-term proportion – –
    Non-current assets 623,819                 594,922   
    Goods held for resale 6,741 5,498
    Advances and deposits received on orders 1,296 3,703
    Trade receivables: short-term portion 186,003 175,199
    Other receivables: short-term portion 66,945 59,563
    Current tax credits 29,152 16,495
    Cash equivalents 0 0
    Cash 49,577 46,606
    Prepaid expenses: short-term portion 23,357 22,082
    Current assets 363,071 329,146
    Total assets 986,890 924,068
    • Liabilities and equity at December 31, 2024
    In thousands of euros 12/31/2024 12/31/2023
    Share capital 13,432 13,337
    Retained earnings 268,728 282,521
    Group unrealized exchange gains/losses -3,105 -12,275
    Group profit (loss) -14,707 -7,407
    Shareholders’ equity, Group share 264,348 276,175
    Non-controlling interest 18,156 18,381
    Equity 282,503             294,556   
    Financial liabilities 223,777 188,546
    Lease liabilities 77,639 78,761
    Deferred tax liabilities 1,654 5,600
    Post-employment benefit obligations 33,024 31,007
    Provisions 2,073 2,521
    Non-current liabilities 338,167             306,435   
    Financial liabilities 10,315 3,006
    Lease liabilities 14,118 14,789
    Trade payables and related accounts 71,784 61,734
    Current tax liabilities 279 235
    Tax and social security liabilities 128,289 121,371
    Provisions 1,502 1,730
    Other liabilities 139,932 120,212
    Current liabilities 366,220             323,077   
    TOTAL Liabilities and equity             986,890               924,068  
    • Income statement as of December 31, 2024
    In thousands of euros 12/31/2024 12/31/2023
    Revenue 654,496 615,995
    Purchases used -29,565 -28,547
    External expenses -143,770 -138,544
    Taxes and duties -4,468 -5,352
    Payroll costs -349,803 -331,748
    Impairment of trade receivables and other receivables and on contract assets -1,984 -2,444
    Allowances to and reversals of provisions -4,832 -2,714
    Other operating income and expenses 1,640 431
    Share of profit (loss) from affiliates included in operating income 1,853 1,757
    EBITDA(1) 123,567 108,834
    Depreciation expenses other than right-of-use assets -66,934 -59,471
    Depreciation expenses of right-of-use assets -17,149 -17,693
    Recurring operating income(1) 39,484 31,670
    Impairment of goodwill arising on acquisitions -4,667 –
    Non-recurring operating income and expenses -23,730 -11,687
    Other non-recurring operating income and expenses(1) -28,397 -11,687
    Operating income 11,087 19,983
    Income from cash and cash equivalents 1,650 475
    Cost of gross financial debt -17,902 -11,742
    Other financial income and expenses -4,629 -614
    Financial result -20,881 -11,881
    Income taxes -4,010 -4,509
    Deferred taxes -1,770 -10,336
    Total taxes -5,780 -14,845
    Share of profit (loss) from affiliates 440 -1,195
    Consolidated net profit -15,134 -7,937
    Group share -14,708 -7,407
    Non-controlling interests -426 531
    Average number of shares excluding treasury stock 13,706,333 13,610,429
    Earnings per share (in euros) -1.1 -0.5

    (1) Alternative performance indicator.

    • Cash flow statement as of December 31, 2024
    In thousands of euros 12/31/2024 12/31/2023
    Consolidated net profit -15,133 -7,937
    Share of profit (loss) from affiliates -2,293 -561
    Depreciation and amortization expenses and provisions 93,449 84,010
    Capital gains or losses on disposals of operating assets 8,030 -1,816
    Cash flow after cost of net financial debt and taxes 84,053 73,695
    Cost of net financial debt 20,881 11,881
    Tax expense 5,780 14,845
    Cash flow from operating activities before tax and interest 110,714 100,420
    Tax paid -16,216 -4,233
    Change in working capital requirement: requirement – –
    Change in working capital requirement: release 7,350 1,736
    Cash flow generated from operating activities after tax paid and change in working capital requirements 101,848 97,923
    Acquisitions of intangible assets -58,607 -53,538
    Acquisitions of property, plant and equipment -31,309 -21,952
    Acquisitions of financial assets – -1,036
    Disposals of property, plant, and equipment and of intangible assets 4,969 2,598
    Disposals of financial assets 934 805
    Change in deposits received or paid 3,904 83
    Impact of changes in consolidation scope -36,878 -3,371
    Dividends received from outside the Group 5,663 1,114
    Net cash flow used in investing activities -111,324 -75,296
    Capital increase 985 0
    Dividends paid to minority shareholders of consolidated companies -105 -2
    Dividends paid to shareholders of the parent company – –
    New borrowings 180,000 0
    Repayments of borrowings -136,398 -263
    Employee profit sharing -445 -65
    Repayment of lease liabilities -17,283 -19,796
    Interest paid on borrowings -8,880 -5,050
    Other financial income received 4,098 966
    Other financial expenses paid -8,856 -6,861
    Net cash flow generated/(used in) financing activities 13,116 -31,071
    Change in net cash excluding currency impact 3,640 -8,444
    Impact of changes in foreign currency exchange rates -672 -503
    Change in net cash 2,968 -8,947
    Opening cash 46,606 55,553
    Closing cash 49,574 46,606
    • Financial covenants
    In thousands of euros 12/31/2024 Criterion
    Net debt(1) 172,489  
    EBITDA(2) 103,551  
    Leverage ratio 1.67 < 2.5
    In thousands of euros 12/31/2024 Criterion
    Interest expense 10,192  
    EBITDA(2) 103,551  
    Interest cover ratio 10.16 > 4.5

    (1)   excluding employee profit sharing liabilities, the FCB loan,and IFRS 16 liabilities and excluding cash allocated to BPO insurance activities
    (2)   Recurring EBITDA excluding IFRS 16 amortization impact

    The Group complied with all these covenants as of December 31, 2024, and there is no foreseeable risk of default.

    (1)   Alternative performance indicator. See pages 112–113 of the 2023 Universal Registration Document.
    (2)   At constant scope and exchange rates.

    (1)   Alternative performance indicator. See pages 112–113 of the 2023 Universal Registration Document.

    (1)   Alternative performance indicator. See pages 112–113 of the 2023 Universal Registration Document.

    Attachment

    The MIL Network –

  • MIL-OSI: Viridien Announces its First Quarter 2025 Financial Results on Tuesday, April 29, 2025, after Market Close

    Source: GlobeNewswire (MIL-OSI)

    Paris, France – March 27, 2025

    First Quarter 2025 financial results and conference call

    Viridien will announce its first quarter 2025 financial results on Tuesday, April 29, after market close.

    • The press release and the presentation will be made available on our website www.viridiengroup.com at 5.45 pm (CET).
    • An English language analysts conference call is scheduled the same day at 6.00 pm (CET).

    Participants should register for the call here to receive a dial-in number and code or participate in the live webcast from here.

    A replay of the conference call will be made available the day after for a period of 12 months in audio format on the Company’s website www.viridiengroup.com.

    Erratum: Please note that the Q4 & FY 2024 press release and presentation, published on February 27, 2025 have been amended. The new versions are available on our website :

    Download Full Press Release

    Download Presentation

    About Viridien:

    Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,400 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

    Contacts

    Attachment

    The MIL Network –

  • MIL-OSI: Fluxys Belgium – Regulated information: 2024 annual results

    Source: GlobeNewswire (MIL-OSI)

    Overview of 2024 annual results  

    • Consolidated net profit was EUR 82.1 million (EUR 77.4 million in 2023)  
    • Proposed allocation of profit submitted to the Annual General Meeting on 13 May 2025: gross dividend of EUR 1.40 per share (2024: EUR 1.40 per share)  
    • Belgium remains essential hub for energy supplies in NW Europe  
    • Switch to high-calorific gas successfully completed 
    • Green Logix: first biomethane plant directly connected to the Fluxys network 
    • Fluxys hydrogen appointed operator of hydrogen transmission network in Belgium 
    • Partner in the hydrogen link with Luxembourg, France and Germany 
    • Working with industry to cut CO2 in Belgium 
    • North Sea Integration Model: working together towards net zero emissions 
    • Good results towards our ESG targets 
    • 91 new colleagues hired 

    Key financial data   

    Income statement  (in thousands of EUR)  31/12/2024  31/12/2023 
    Operating revenue  608,789  592,788 
    EBITDA*  302,283  285,809 
    EBIT*  133,931  129,570 
    Net profit  82,061  77,423 
    Balance sheet  (in thousands of EUR)  31/12/2024  31/12/2023 
    Investments in property, plant and equipment for the period  92,122  167,654 
    Total property, plant and equipment  1,804,302  1,873,286 
    Equity  603,813  613,413 
    Net financial debt*   159,750  219,404 
    Total consolidated balance sheet  3,310,096  3,358,616 

    *For definitions and reasons for using these indicators, see the annex  

    Consolidated turnover and net profit 

    Fluxys Belgium generated consolidated turnover of EUR 608.8 million in 2024. This represents an increase of EUR 16.0 million compared with 2023, when turnover stood at EUR 592.8 million. This change is in line with the 2024-2027 tariff methodology. 

    The consolidated net profit increased by EUR 77.4 million in 2023 to EUR 82.1 million in 2024, a rise of EUR 4,7 million.  

    Efficiency efforts in line with regulated tariff model 

    The 2024-2027 tariff methodology (established by the regulator, CREG) applies the principle that all reasonable costs, including interest and fair compensation, are covered by the regulated income. In addition, there are various incentives to control costs and guide and control aspects of company performance. By strictly controlling its operating costs, combined with significant efforts to improve efficiency, Fluxys Belgium has managed to achieve most regulatory objectives and to book those incentives in a period of major operational challenges.  

    Investments totalling EUR 92.1 million 

    In 2024 investments in property, plant and equipment totalled EUR 92.1 million, compared with EUR 167.7 million in 2023. Of this amount, EUR 4.6 million was spent on LNG infrastructure projects, EUR 3.6 million on storage-related projects and EUR 83.9 million on transmission-related projects, including EUR 10.3 million for the Desteldonk-Opwijk pipeline, which is ready to be used to carry hydrogen as soon as the market is ready. 

    Key events   

    Belgium remains essential hub for energy supplies in NW Europe  

    As in previous years, our teams once again made every effort to supply the Belgian network with natural gas. We also continued to transport large volumes to our neighbouring countries, with Germany as the main destination. 

    Since the start of the conflict in Ukraine, an EU regulation has imposed a requirement that European gas reserves be adequately replenished by 1 November every year. Our storage facility in Loenhout was already completely filled by 1 August, three months before the EU’s deadline. 

    With Zeebrugge serving as a crossroads, our Belgian network continues to play its role as an energy hub in North-West Europe. 

    Switch to high-calorific gas successfully completed 

    Until 2017, about half of Belgian households and SMEs used low-calorific gas from a production field in the Netherlands. With the depletion of that field in sight, the Netherlands decided to gradually reduce the export of low-calorific gas. Since 2018, Fluxys Belgium has been adapting its network to gradually replace the supply of low-calorific gas with high-calorific natural gas from other sources. In 2024, we successfully completed the switch to high-calorific gas. Belgium no longer uses low-calorific gas, but Fluxys Belgium continues to transport it to France until the switch is also completed there. 

    Green Logix: first biomethane plant directly connected to the Fluxys network 

    On 23 October 2024, the first volumes of biomethane were injected directly into our transmission system. The molecules are produced by Green Logix Biogas in Lommel. During the initial phase, the plant produces a volume of biomethane equivalent to the consumption of some 7,000 households.  

    Fluxys hydrogen appointed operator of hydrogen transmission network in Belgium 

    On 26 April 2024, the Federal Energy Minister appointed Fluxys hydrogen, a subsidiary of Fluxys Belgium, as the operator for the development and operation of the hydrogen network in Belgium.  

    In line with the federal hydrogen strategy, Fluxys hydrogen is responsible for developing a hydrogen pipeline network which will form part of the European Hydrogen Backbone. This will allow the necessary low-carbon energy and feedstock to be transported both for the Belgian market and neighbouring countries at the pace of market development.  

    Partner in the hydrogen link with Luxembourg, France and Germany 

    With a view to developing cross-border hydrogen transmission infrastructure, Fluxys hydrogen is stepping up its cooperation with our partners Creos ((Grand Duchy of Luxembourg) and GRTgaz (France) in the HY4Link project. 

    HY4Link is an infrastructure project aiming to connect industrial clusters requiring hydrogen in France, Germany and Luxembourg to import hubs in Antwerp, Zeebrugge, Rotterdam and Dunkirk. This future infrastructure can help accelerate the decarbonisation of industry in North-West Europe. We are also exploring cross-border connections with transmission system operators (TSOs) in Germany (OGE), the Netherlands (HyNetwork Services) and the United Kingdom (National Gas). 

    Working with industry to cut CO2 in Belgium 

    Capturing CO2, then transporting it and finally using or storing it (CCUS): for some industrial players, there is no other way to make their operations carbon-neutral. During Princess Astrid’s royal mission to Oslo, several stakeholders, including Fluxys, signed a joint declaration to fully commit to CCUS. The declaration calls for work on decarbonisation including through an appropriate regulatory framework. 

    North Sea Integration Model: working together towards net zero emissions 

    The energy landscape will change radically in the years to come. How can we design an affordable energy system and ensure that all solutions work together to achieve net zero CO2 emissions? To answer this question, in 2024 we devised the North Sea Integration Model: a computational model that simulates all interactions between electricity, hydrogen, methane and CO2 infrastructures in Belgium and all other countries bordering the North Sea. 

    The model is a tool that, based on future consumption scenarios, shows how the entire chain from production to transport to consumption can be optimised in terms of costs, CO2 emissions and preservation of security of supply.  

    Good results towards our ESG targets 

    In 2024, we started measuring our progress towards the Environment, Social, and Governance (ESG) targets we set in 2023, for each of our material ESG topics.  With our 2024 ESG results we are on track to achieve our targets.  

    91 new colleagues hired  

    Fluxys is growing! In 2024, no fewer than 91 new colleagues joined our ranks, meaning that 982 employees are working at Fluxys Belgium. 103 colleagues were given the opportunity to take on new responsibilities and other roles; such internal mobility is particularly encouraged at Fluxys.  

    Fluxys Belgium – 2024 results (according to Belgian standards): proposed allocation of profit  

    Fluxys Belgium NV’s net profit totalled EUR 84.1 million, compared with EUR 79.5 million in 2023.  

    At the Annual General Meeting on 13 May 2025, Fluxys Belgium will propose a gross dividend of EUR 1.40 per share.  

    Taking into account a profit of EUR 101.7 million carried over from the previous financial year and a withdrawal of EUR 24.4 million from the reserves, the Board of Directors will propose to the Annual General Meeting that the profits be allocated as follows:  

    • EUR 98.4 million as a dividend payout and  
    • EUR 111.8 million as profit to be carried forward.  

    If this profit allocation proposal is adopted by the Annual General Meeting, the total gross dividend for financial year 2024 will be EUR 1.40 per share. This amount will be payable as of 21 May 2025.  

    Outlook for 2025  

    The net result of the Belgian regulated activities will, in accordance with the tariff methodology, mainly be determined on the basis of various regulatory parameters, including invested equity capital, financial structure, interest rates (OLO) and incentives. The result will continue to evolve according to the evolution of these four parameters. Current financial markets do not allow for an accurate projection of the evolution of interest rates and therefore of the yield of regulated activities. 

    In June 2024, the Council of the European Union adopted a 14th sanctions package against Russia. The package bans from 27 March 2025 the transshipment of LNG from Russia for export to countries outside the EU.  

    The Zeebrugge LNG terminal is underpinned by the legal principle of open access. This means that any company interested in the supply of LNG can book capacity at the terminal, and therefore no customer can be discriminated against, by law. As an essential service provider Fluxys ensures that its infrastructure is operational at all times for the overall security of supply. 

    As before, we continue to operate in full compliance with applicable international, European and Belgian regulations. A Royal Decree sets the implementation modalities for the 14th sanctions package. The LNG terminal has adapted its operational rules accordingly and the existing contracts are currently being continued in accordance with the sanctions regime without any negative impact on the financial performance of Fluxys Belgium.  

    In the first quarter of 2025, based on the available info and a number of hypotheses, Fluxys Belgium and its subsidiary Fluxys hydrogen made the investment decision for the first hydrogen infrastructure with a limited scope that takes into account initial anticipated market demand. The infrastructure will be constructed in multi-purpose technology, just like the recent natural gas pipelines. We are also working on pre-investments for a multi-purpose pipeline in the Antwerp port area that can initially be used for transporting CO2.  

    External audit   

    The auditor confirmed that its audit work, which has been substantially completed, has not revealed any significant correction that should be made to the accounting information included in this press release. 

    Contact  

    Financial and accounting data: Filip De Boeck +32 2 282 79 89 – filip.deboeck@fluxys.com 

    Press Office: +32 282 74 44 • press@fluxys.com   

    About Fluxys Belgium  

    Fluxys Belgium is a Euronext-listed subsidiary of energy infrastructure group Fluxys. The company is headquartered in Belgium, has more than 950 employees and operates 4,000 kilometres of pipelines, a liquefied natural gas terminal with an annual regasification capacity of 197 TWh and an underground storage facility. 

    As a purpose-led company, Fluxys Belgium together with its stakeholders contributes to a better society by shaping a bright energy future. Building on the unique assets of its infrastructure and its commercial and technical expertise, Fluxys Belgium is committed to transporting hydrogen, biomethane or any other carbon-neutral energy carrier as well as CO2, accommodating the capture, usage and storage of the latter. 

    Attachment

    The MIL Network –

  • MIL-OSI: Flow Traders 1Q 2025 Pre-Close Call Script

    Source: GlobeNewswire (MIL-OSI)

    Flow Traders 1Q 2025 Pre-Close Call Script

    Eric Pan – Head of Investor Relations, Flow Traders

    Welcome to the Flow Traders 1Q 2025 pre-close call, which is being conducted post the European market close on 27 March. During this call I will highlight relevant publicly available data and industry trends in our markets as well as previously published data by Flow Traders and relate these data points to their impact on our business for the quarter. We will publish our 1Q 2025 Trading Update on 24 April at 07:30 CEST.

    Market Environment

    In general, the market trading volumes in Equity improved in the quarter, both when compared to the same period a year ago as well as compared to last quarter. Equity volatility was mixed, however, depending on the comparison period and region. Within Fixed Income, volume trends were mixed depending on the segment while volatility declined both year-on-year and quarter-on-quarter. In Digital Assets, trading volumes increased compared to the same period a year ago but decreased compared to last quarter as fund flows into digital asset ETFs were lower than last year, which was expected given the spot Bitcoin ETF launches in January of 2024.

    Diving deeper into each of the asset classes and regions:

    Equity

    In Equity, European exchange operators Euronext, Deutsche Börse and the London Stock Exchange saw double-digit improvements in trading volumes both year-on-year and quarter-on-quarter. In the Americas, volumes on both the Nasdaq and NYSE also increased by double-digits year-on-year and quarter-on-quarter, for the most part. APAC saw mixed trading in the quarter as volumes across the Hong Kong and Shanghai Stock Exchange increased significantly year-on-year, but to a lesser extent quarter-on-quarter, while the Tokyo Stock Exchange saw volumes declined both year-on-year and quarter-on-quarter.

    Volatility, as exemplified by the VSTOXX in Europe, VIX in the Americas, VHSI in Hong Kong, and JNIV in Japan, declined for the most part across the different regions. The VSTOXX declined by double-digits year-on-year and was flat quarter-on-quarter. The VIX also declined by double-digits year-on-year but was up slightly quarter-on-quarter. VHSI was flat year-on-year and declined slightly quarter-on-quarter, while JNIV increased year-on-year but declined quarter-on-quarter.

    FICC

    In Fixed Income, the market trading environment in the quarter continue to be mixed as trading volumes improved in some segments but declined in others, either on a year-on-year or quarter-on-quarter basis. Fixed income volatility, as indicated by the MOVE index, declined by double-digits both year-on-year and quarter-on-quarter.

    Within Digital Assets, trading volumes in Bitcoin, the barometer of the industry, increased year-on-year but decreased quarter-on-quarter. Fund flows into digital asset ETFs were down meaningfully when compared to the spot Bitcoin ETF launches in the U.S. during the same period last year.

    ETP Market Volumes

    As per Flow Traders’ previously published monthly ETP Market Statistics, quarter-to-date, On and Off Exchange Value Traded was up 39% year-on-year in EMEA, up 1% in the Americas, up 67% in APAC, and up 11% globally. Average volatility, as indicated by the VIX, was up 22% quarter-to-date compared to the same period a year ago.

    Impact on Flow Traders

    Coming to Flow Traders’ quarterly performance, the improvement in trading volumes in the period within Equity positively contributed to NTI when compared to the same period a year ago, offset by the expected lower contribution from Digital Assets given the unprecedented spot Bitcoin ETF launches in the U.S. last year. From a regional perspective, EMEA and APAC improved compared to the same period a year ago, positively impacted by the market outperformance in these regions as a result of the current geopolitical climate, offset by the market underperformance in the Americas. On the cost front, Fixed Operating Expenses in the quarter were in-line with our previous guidance.

    Contact Details

    Flow Traders Ltd.

    Investors
    Eric Pan
    Phone:         +31 20 7996799
    Email:                investor.relations@flowtraders.com

    Media
    Laura Peijs
    Phone:         +31 20 7996799
    Email:                press@flowtraders.com

    About Flow Traders

    Flow Traders is a leading trading firm providing liquidity in multiple asset classes, covering all major exchanges. Founded in 2004, Flow Traders is a leading global ETP market marker and has leveraged its expertise in trading European equity ETPs to expand into fixed income, commodities, digital assets and FX globally. Flow Traders’ role in financial markets is to ensure the availability of liquidity and enabling investors to continue to buy or sell financial instruments under all market circumstances, thereby ensuring markets remain resilient and continue to function in an orderly manner. In addition to its trading activities, Flow Traders has established a strategic investment unit focused on fostering market innovation and aligned with our mission to bring greater transparency and efficiency to the financial ecosystem. With over two decades of experience, we have built a team of over 600 talented professionals, located globally, contributing to the firm’s entrepreneurial culture and delivering the company’s mission.

    Important Legal Information

    This publication is prepared by Flow Traders Ltd. and is for information purposes only. It is not a recommendation to engage in investment activities and you must not rely on the content of this document when making any investment decisions. The information in this publication does not constitute legal, tax, or investment advice and is not to be regarded as investor marketing or marketing of any security or financial instrument, or as an offer to buy or sell, or as a solicitation of any offer to buy or sell, securities or financial instruments.

    The information and materials contained in this publication are provided ‘as is’ and Flow Traders Ltd. or any of its affiliates (“Flow Traders”) do not warrant the accuracy, adequacy or completeness of the information and materials and expressly disclaim liability for any errors or omissions. This publication is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation on Flow Traders. All intellectual property rights, including trademarks, are those of their respective owners. All rights reserved. All proprietary rights and interest in or connected with this publication shall vest in Flow Traders. No part of it may be redistributed or reproduced without the prior written permission of Flow Traders.

    Flow Traders expressly disclaims any obligation or undertaking to update, review or revise any statements contained in this publication to reflect any change in events, conditions or circumstances on which such statements are based. Unless the source is otherwise stated, the market, economic and industry data in this publication constitute the estimates of our management, using underlying data from independent third parties. We have obtained market data and certain industry forecasts used in this publication from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. The third party sources we have used generally state that the information they contain has been obtained from sources believed to be reliable but that the accuracy and completeness of such information is not guaranteed and that the projections they contain are based on a number of assumptions.

    By accepting this publication you agree to the terms set out above. If you do not agree with the terms set out above please notify legal.amsterdam@nl.flowtraders.com immediately and delete or destroy this publication.

    Attachment

    The MIL Network –

  • MIL-OSI: WithSecure Corporation: SHARE REPURCHASE 27.3.2025

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, STOCK EXCHANGE RELEASE, 27 March 2025 at 6.30 PM (EET)
         
         
    WithSecure Corporation: SHARE REPURCHASE 27.3.2025
         
    In the Helsinki Stock Exchange    
         
    Trade date           27.3.2025  
    Bourse trade         Buy  
    Share                  WITH  
    Amount             10 000 Shares
    Average price/ share    0,9397 EUR
    Total cost            9 397,00 EUR
         
         
    WithSecure Corporation now holds a total of 276 890 shares
    including the shares repurchased on 27.3.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
         
    On behalf of Withsecure Corporation  
         
    Nordea Bank Oyj    
         
    Janne Sarvikivi           Sami Huttunen  
         
         
    Contact information:    
    Laura Viita    
    Vice President Controlling, Investor relations and Sustainability
    WithSecure Corporation    
    Tel. +358 50 4871044    
    Investor-relations@withsecure.com    

    Attachment

    The MIL Network –

  • MIL-OSI: ASM announces the availability of the 2025 AGM materials

    Source: GlobeNewswire (MIL-OSI)

    Almere, The Netherlands
    March 27, 2025

    ASM International N.V. (Euronext Amsterdam: ASM) today announces that the information regarding the Annual General Meeting scheduled for Monday, May 12, 2025 (AGM) is now available on ASM’s website. This information includes the convocation, the agenda and annexes thereto. The U.S. market proxy materials for holders of New York Registry Shares are also posted on our website.

    The AGM will commence at 2:00 p.m. CET at the Van der Valk Hotel in Almere, located at Veluwezoom 45, 1327 AK in Almere, the Netherlands.

    The AGM can be attended in person by shareholders. Our shareholders are also offered the possibility to exercise their voting rights by proxy and to follow (view and hear only) the meeting through our live webcast.

    The agenda for the AGM includes, amongst others, approvals of:

    • the annual accounts of 2024;
    • the remuneration report 2024;
    • the proposal to declare a regular dividend of €3.00 (three euros) per common share;
    • the reappointment of Mr. Verhagen (for two years) as member of the Management Board;
    • the reappointment of Ms. Van der Meer Mohr (for four years), Mr. Sanchez (for four years) and Ms. Kahle-Galonske (for one year) as members of the Supervisory Board;
    • the appointment of EY Accountants B.V. as auditor to audit the annual accounts for the financial year 2026 and as assurance provider of sustainability information for the financial years 2025 and 2026.

    In accordance with applicable legal requirements in the Netherlands the record date for the AGM is April 14, 2025. The total number of issued shares in ASM International N.V. as per today amounts to 49,328,548 common shares. Considering the number of shares held in treasury as per today, amounting to 219,935 shares, the number of voting shares amounts to 49,108,613.

    About ASM International
    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    		  

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Spartan Capital Securities, LLC Serves as Sole Book-Runner in LogProstyle, Inc.’s $10 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, March 27, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the successful pricing of the $10 million Initial Public Offering for LogProstyle, Inc. (NYSE American: LGPS). Spartan Capital Securities acted as Sole Book-Runner for the offering of 2,000,000 Japanese common shares at a price of $5.00 per share.

    The shares began trading on the NYSE American on March 25, 2025, under the ticker symbol “LGPS.” LogProstyle has also granted underwriters a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments, if any.

    LogProstyle Inc., headquartered in Japan, operates across real estate development, hotel management, and restaurant operations. The company intends to use the net proceeds from the offering to expand its ProstyleRyokan hotel brand in Japan, the U.S., and the UAE, as well as to scale its real estate renovation and resale business across Asia and the United States.

    “Once again, the Spartan team has showcased exceptional performance as the Sole Book-Runner,” said John Lowry, CEO of Spartan Capital Securities. “It has been an honor to partner with LogProstyle and play a pivotal role in bringing them to the public market. This transaction demonstrates our commitment to introducing international issuers to the U.S. capital markets and supporting their global expansion strategies.”

    Hunter Taubman Fischer & Li LLC served as U.S. securities counsel to LogProstyle, Inc., while Anthony, Linder & Cacomanolis, PLLC served as U.S. securities counsel to Spartan Capital Securities, LLC.

    A registration statement on Form F-1 (File No. 333-283286) was declared effective by the U.S. Securities and Exchange Commission on March 24, 2025. The offering is being made only by means of a prospectus, available from the SEC at www.sec.gov and from Spartan Capital Securities, LLC, Attn: Prospectus Department, 45 Broadway, 19th Floor, New York, NY 10006, or by email at: investmentbanking@spartancapital.com.

    About Spartan Capital Securities, LLC

    Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients’ financial goals.

    For more information, visit www.spartancapital.com

    Contact:

    Spartan Capital Securities, LLC

    45 Broadway, 19th Floor

    New York, NY 10006

    investmentbanking@spartancapital.com

    The MIL Network –

  • MIL-OSI: American Rebel Expands its Successful Sponsorship for 2025 with Tony Stewart Racing (TSR) in NHRA Mission Foods Drag Racing Series

    Source: GlobeNewswire (MIL-OSI)

    Company Touts Multiple Achievements Working with TSR

    Nashville, TN, March 27, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), will expand its successful sponsorship for 2025 with Tony Stewart Racing (tsrnitro.com) in the NHRA Mission Foods Drag Racing Series (nhra.com). American Rebel will be highly visible throughout the season on both the Tony Stewart Top Fuel Dragster and the Matt Hagan Funny Car. American Rebel has found that the relationship with Tony Stewart Racing has created opportunities for American Rebel Beer to contract with top beer distributors and top retailers and advance the company’s marketing objectives.

    American Rebel will be a secondary sponsor on the Tony Stewart driven Top Fuel Dragster and the Matt Hagan driven Funny Car for all 20 races as well as be the primary sponsor of the Matt Hagan Funny Car for five races and be the primary sponsor of the Tony Stewart Top Fuel Dragster for one race during the NHRA 2025 season. Being a sponsor provides opportunities for vast exposure during the race broadcasts on Fox Sports, Fox Sports 1 (FS1) and Fox Sports 2 (FS2). Ratings for NHRA telecasts are very strong and visibility continues to expand through additional streaming options through NHRA.tv.

    “I’m very excited to expand our sponsorship of Tony Stewart Racing through work with Tony, Matt and Leah,” said American Rebel CEO Andy Ross. “Tony, Matt and Leah have been a big part of our incredible success opening up distributors across the country. Various consultants told me opening up distributors was next to impossible, but American Rebel has proven them wrong because we have a real 12-year organic story of how we got here, and Tony, Matt and Leah’s support have poured patriotic fuel all over the fire we had already started. I can’t thank them enough for everything they’ve done. Our relationship started out as a sponsorship, turned into a friendship and now it’s family.”

    In addition to the strong television viewership of NHRA racing, NHRA has unveiled exciting opportunities for digital media and content creators heading into the 2025 NHRA Mission Foods Drag Racing Series season. Aiming to change the way influencers, content creators and digital media members experience drag racing, NHRA is working to expand its reach across social media platforms with its Cornwell Tools Burnout Box Content Creator Zone. This expansion and emphasis in the digital media space will significantly benefit American Rebel.

    American Rebel has also benefitted from the relationship with Tony Stewart Racing through the social media reach of Tony Stewart, Matt Hagan and Leah Pruett. Tony Stewart has nearly 750,000 followers on X (@TonyStewart) and over 250,000 followers on Instagram (@tsrsmoke). Matt Hagan has nearly 150,000 followers on Instagram (@matthagan_fc) and Leah Pruett has nearly 400,000 followers on Instagram (@leah.pruett).

    “Tony, Matt and Leah are such an important part of our story,” said Andy Ross. “Tony is a legendary NASCAR driver who may be the most versatile race car driver in history, having also driven in IndyCar, USAC, NHRA and just about anything with wheels. And Matt has 52 NHRA national event wins and is one of only four legendary Funny Car drivers to win four championships (John Force, Don Prudhomme and Kenny Bernstein are the others) and Leah has kicked in doors as a Top Fuel driver and she continues to provide unparalleled support for American Rebel at the track and on social media. Our distributors love our connection with Tony Stewart Racing as American Rebel Light Beer connects with our customers through this sponsorship.”

    It’s been said that Andy Ross wrote the most on-brand drag racing song ever with his “Nitro Lightning” that he wrote for Matt Hagan. The song gets played at the track nearly every race weekend and even has been referenced on the Fox broadcasts. Andy has performed concerts at the Texas Motorplex and the Bradenton Motorsports Park after race events and is scheduled to perform this year at the NHRA Four-Wide Nationals in Concord, NC.

    “What’s more American Rebel than rock ‘n’ roll and drag racing?” said Andy Ross. “Drag racing fans are the perfect demo for American Rebel Beer and we’re looking forward to continuing this relationship a long time.”

    Primary sponsorship dates for American Rebel Beer on the Matt Hagan Funny Car are April 25 – 27 at the NHRA Four-Wide Nationals in Concord, NC; June 20 – 22 at the Virginia NHRA Nationals at North Dinwiddle, VA; August 14 – 17 at the Lucas Oil NHRA National in Brainerd, MN; September 26 – 28 at the NHRA Midwest Nationals near St. Louis, MO; and October 30 – November 2 at the NHRA Nevada Nationals in Las Vegas, NV. American Rebel Beer will also be a primary sponsor for the Tony Stewart Top Fuel Dragster on September 26 – 28 at the NHRA Midwest Nationals near St. Louis, MO.

    About American Rebel Light Beer

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

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

    About American Rebel Holdings, Inc.

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

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

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

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    Attachment

    The MIL Network –

  • MIL-OSI: Legible Announces $4M Financing Round with Strategic Lead Investment and Capital Structure Enhancements

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) (“Legible” or the “Company”), a consumer brand with an entertainment and education platform that uses AI and technology as a tool, today announced a non-brokered private placement offering of Units of the Company at $0.03 per Unit for gross proceeds of up to approximately $4,000,000 (the “Offering”), pursuant to exemptions under applicable Canadian securities laws.

    Each Unit will consist of one common share (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.05, exercisable at any time prior to 5:00 p.m. (Pacific time) on the date that is two (2) years from the closing date. The Warrants are subject to acceleration: should the volume-weighted average trading price of the Common Shares on the Canadian Securities Exchange (“CSE”) equal or exceed $0.25 for 15 consecutive trading days, the Company may accelerate the expiry date upon issuing a press release, giving Warrant holders no less than 15 trading days’ notice.

    The Offering is expected to have a first close on or about April 3, 2025, subject to customary closing conditions, and may be completed in tranches. The Company reserves the right to increase or decrease the total gross proceeds. A finder’s fee of up to 8% in cash may be paid on all or a portion of the Offering. In addition, the Company may issue finders’ warrants equal to up to 8% of the number of units sold, with each finder’s warrant exercisable at $0.05 for two years, subject to the same acceleration terms noted above.

    In accordance with CSE requirements, the Company has received written consent to the Offering from 24 shareholders, representing approximately 53.3% of the Company’s outstanding Common Shares, totaling 75,215,608 out of 141,101,803 shares.

    “This Offering is more than capital, it’s a catalyst for scale. With global distribution partnerships, a suite of innovative products including celebrity-led Living Books and AI-powered infotainment apps, and increasing traction across automotive and publishing verticals, these funds will accelerate our growth trajectory,” said Kaleeg Hainsworth, Founder and CEO of Legible. “We’ve received an expression of interest for a $1.2 million lead investment, subject to a minimum $2 million close, which is expected to include a portion of debt conversions into equity, an important step in optimizing our balance sheet and positioning the Company for growth. This Offering will fortify our capital structure and allow us to execute on a range of high-impact initiatives designed to drive recurring revenue and expand market share.”

    Use of Proceeds
    The net proceeds of the Offering will be used to support Legible’s ongoing growth and operational initiatives. This includes investment in technology development, product and feature enhancements, targeted marketing and user acquisition campaigns, and general working capital.

    In addition, the Company intends to complete select debt-to-equity conversions, which will strengthen Legible’s capital structure by reducing liabilities and optimizing the balance sheet. These conversions position the Company for future financing opportunities, enhances financial flexibility, and supports long-term value creation for shareholders.

    In alignment with this new phase of growth, the Company anticipates thoughtful enhancements to its board and leadership structure to further strengthen execution, governance, and strategic reach.

    About Legible Inc.

    Legible is a consumer brand with an entertainment and education platform that uses AI and technology as a tool to redefine how people discover, access, and engage with digital books. At the core of its emerging platform is LegibleOS™, the Company’s proprietary operating system that powers intelligent AI content management, delivery, and personalized user experiences, with seamless engagement across mobile, web, and in-vehicle environments. LegibleOS offers authors and publishers the turn-key opportunity to embed AI interactive content, video and audio, directly into digital books, available exclusively on Legible’s platform. Legible is also a groundbreaking publisher delivering world-first AI-interactive rich media-enhanced Living Books and audiobooks that integrate ecommerce and social media opportunities and have been featured on major US media, including the Drew Barrymore Show, one of the highest rated US talk shows with millions of viewers.

    The Company holds strong partnerships with major publishers and global distributors, offering a catalog of millions of titles across direct-to-consumer and B2B channels. Legible is also a first mover in automotive infotainment, enabling immersive in-car reading through partnerships with leading in-vehicle technology platforms.

    Named the 2024 EdTech Breakthrough Award for eLearning Innovation of the Year, Legible is redefining the future of interactive learning and entertainment by combining content innovation, platform intelligence, and strategic distribution.

    Visit Legible.com, where books meet technology.

    Press Contact:
    Ms. Deborah Harford
    EVP, Global Strategic Partnerships
    invest@legible.com
    Website: https://invest.legible.com
    Tel: (604) 283-2028

    Cautionary Note Regarding Forward Looking Information
    This Press Release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Legible’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Legible’s control, including the impact of general economic conditions, industry conditions, currency fluctuations, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Legible believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward- looking information. As such, readers are cautioned not to place undue reliance on the forward-looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Legible does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

    NOT FOR DISTRIBUTION IN THE US

    The MIL Network –

  • MIL-OSI: Bitget Wallet Expands Cross-Chain Swap Support to 27 Networks, Among the Most in the Industry

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, March 27, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has expanded its cross-chain trading functionality to support 27 blockchains, including newly added ecosystems such as Berachain and Sonic. This enhancement solidifies Bitget Wallet’s position at the forefront of the industry, offering users unparalleled access to a diverse range of blockchain networks without the need to switch wallets or perform manual bridging.

    The expansion enables users to seamlessly swap mainstream native tokens like ETH, SOL and BNB for emerging ecosystem tokens such as BERA and SONIC with a single click. This streamlined process simplifies participation in activities like mining and staking within these new ecosystems. Bitget Wallet also supports gasless transactions via its GetGas feature, allowing users to complete cross-chain swaps, even without native tokens on the destination chain—removing one of the most common pain points for everyday users. Additionally, Bitget Wallet provides real-time market charts and onchain data, empowering users to make informed trading decisions.

    Currently, Bitget Wallet supports cross-chain swaps across 27 major networks, including Bitcoin, Ethereum, Solana, BNB, TON, Base, Berachain, Sonic, Arbitrum, Avalanche, TRON, Polygon, Optimism, Aptos, Morph, Linea, Manta, zkSync, Ripple, Sui, Near, Polkadot, Dogecoin, Hyperliquid, Scroll, Merlin and opBNB. This extensive network support enhances market access and liquidity, allowing assets to move freely across different blockchain networks.

    “Our mission is to make cross-chain access seamless for everyone, whether you’re entering a major Layer 1 or exploring the next breakout ecosystem,” said Alvin Kan, COO of Bitget Wallet. “By supporting cross-chain swaps across 27 blockchains and continuing to expand, we’re positioning Bitget Wallet as the go-to platform for frictionless multi-chain interaction. We’re excited to see users join next-gen networks with confidence.”

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

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81a6d490-c999-48de-ab24-8f250cfcb72b

    The MIL Network –

  • MIL-OSI: Albion Enterprise VCT PLC: Interim management report

    Source: GlobeNewswire (MIL-OSI)

    ALBION ENTERPRISE VCT PLC
    LEI Code: 213800OVSRDHRJBMO720
    Interim Management Statement

    Introduction
    I present Albion Enterprise VCT PLC (the “Company”)’s interim management statement for the period from 1 October 2024 to 31 December 2024.

    Performance and dividends
    The Company’s unaudited net asset value (“NAV”) on 31 December 2024 was £266.8 million or 118.86 pence per share (excluding treasury shares). After accounting for the 13.50 pence per share special dividend paid on 25 October 2024 to shareholders on the register on 4 October 2024, this is an increase of 1.15 pence per share (1.0%) since 30 September 2024.

    The Company paid a second interim dividend for the year ending 31 March 2025 of 3.28 pence per share on 28 February 2025 to shareholders on the register on 7 February 2025. After adjusting for this dividend the NAV is 115.58 pence per share.

    Albion VCTs Mergers
    On 12 November 2024, the Company issued a circular, jointly with the other Albion managed VCTs, proposing, amongst other things, the Merger of the Company with Albion Development VCT PLC (“AADV”) and an offer for subscription. A copy of the circular can be found at www.albion.capital/mergers.

    The Merger was approved by the Company’s shareholders at a General Meeting held on 11 December 2024. All the conditions of the Merger were satisfied on 19 December 2024, and accordingly AADV shareholders were issued 112,097,051 shares in the Company at an issue price of 117.00092 pence per share in consideration for the transfer of the assets and liabilities of AADV to the Company which were valued at £131.15 million.

    Dividend reinvestment scheme
    During the period from 1 October 2024 to 31 December 2024, the Company issued the following new Ordinary shares of nominal value 1 penny per share under the terms of the Dividend Reinvestment Scheme Circular (dated 26 November 2009):

    Date of allotment Number of shares allotted Issue price
    (pence per share)    		 Net invested
    £’000
    25 October 2024 1,987,326 119.46 2,353

    Albion VCTs Prospectus Top Up Offers 2024/25
    On 12 November 2024 the Company published a prospectus Top Up Offer of new Ordinary shares to raise up to £20 million (before issue costs), including an overallotment facility of £10 million. The Offer of the Company was fully subscribed and closed on 27 February 2025, and the allotment of shares took place on 21 March 2025. Details of the shares allotted can be found in the events after the period end section below.

    The proceeds of the Offer will be used to provide further resources to our existing portfolio and to enable us to take advantage of new investment opportunities.

    Portfolio
    The following investments have been made during the period from 1 October 2024 to 31 December 2024:

    New investments £000s Activity
    Ionate 1,807 Developing new hybrid transformers for grid and industrial power networks.
    Open Trade Technology 705 Embedded finance to allow fintechs to provide yield products backed by Stablecoins.
    Total new investments 2,512  
    Further investments £000s Activity
    Convertr Media 408 A customer acquisition platform which tracks advertising leads all the way to sale.
    GX Molecular (T/A CS Genetics) 142 Develop single-cell sequencing solutions.
    Total further investments 550  

    Top ten holdings (on 31 December 2024)

    Investment Carrying value
    £000s    		 % of net asset value Activity
    Quantexa 57,899 21.7% Decision intelligence platform to help solve challenges across customer intelligence, KYC, financial crime, risk management, fraud, and security
    Proveca 17,913 6.7% Reformulation of medicines for children
    Oviva 11,307 4.2% A technology enabled service business in medical nutritional therapy (MNT)
    Gravitee TopCo 8,202 3.1% API management platform
    The Evewell Group 6,182 2.3% Operator and developer of women’s health centres focusing on fertility
    Healios 6,049 2.3% Provider of an online platform delivering family centric psychological care primarily to children and adolescents
    Radnor House School (TopCo) 6,016 2.3% Independent school for children aged 2-18
    Panaseer 5,627 2.1% Provider of cyber security services
    Convertr Media 4,588 1.7% A customer acquisition platform which tracks advertising leads all the way to sale
    Runa Network 4,358 1.6% Cloud platform and infrastructure that enables corporates to issue digital incentives and payouts

    A full breakdown of the Company’s portfolio can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/AAEV.

    Share buy-backs
    During the period from 1 October 2024 to 31 December 2024, the Company purchased 678,345 shares for £762,000 (including stamp duty) at an average price of 111.82 pence per share. All of the shares were cancelled.

    It remains the Board’s policy to buy back shares in the market, subject to the overall constraint that such purchases are in the Company’s interest, including the maintenance of sufficient resources for investment in existing and new portfolio companies and the continued payment of dividends to shareholders.

    It is the Board’s intention for such buy-backs to be at around a 5% discount to net asset value, so far as market conditions and liquidity permit.

    Material events and transactions after the period end

    After the period end, the Company issued the following new Ordinary shares of nominal value 1 penny per share under the Albion VCTs Prospectus Top Up Offers 2024/2025:

    Date of allotment Number of shares allotted Issue price
    (pence per share)    		 Net consideration received
    £’000
    21 March 2025 16,817,928 117.94p – 119.16p 19,440

    The Company also issued the following Ordinary shares of nominal value 1 penny per share under the dividend reinvestment scheme:

    Date of allotment Number of shares allotted Issue price
    (pence per share)    		 Net invested
    £’000
    28 February 2025 1,062,950 113.72 1,188

    As part of Quantexa’s recent Series F funding round, which completed in March 2025, the Company made a partial disposal of its holding. The Company received proceeds of £4.7m from the sale of c.8% of its stake in Quantexa representing a 13x return on the weighted average original cost of those shares.  

    There have been no other material events or transactions after the period end to the date of this announcement.

    Further information
    Further information regarding historic and current financial performance and other useful shareholder information can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/AAEV.

    Ben Larkin, Chairman
    27 March 2025

    For further information please contact:
    Vikash Hansrani
    Operations Partner
    Albion Capital Group LLP
    Telephone: 020 7601 1850

    The MIL Network –

  • MIL-OSI: NEC X Unveils Elev X! Ignite Batch 13: Six Disruptive Startups Driving Innovation in Fintech, AgTech, Lifesciences Tech and More

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., March 27, 2025 (GLOBE NEWSWIRE) — NEC X, the Silicon Valley venture studio backed by NEC’s advanced technologies and global businesses, today announced the six visionary startups selected for Batch 13 of its Elev X! Ignite program – a cohort that reflects surging demand for innovation in agriculture, healthcare, compliance, financial services and enterprise tech.

    Elev X! continues to experience record-breaking growth, with applications jumping 64% year over year and increasing 37% since the last cohort, highlighting the program’s growing influence and ability to attract high-potential startups from around the world.

    “Elev X! provides a collaborative environment where bold ideas become impactful solutions. Our record-breaking growth shows that startup founders and investors alike recognize the unmatched value NEC X delivers,” said Shintaro Matsumoto, President and CEO of NEC X. “We’re helping bold innovators accelerate faster, and the startups in Batch 13 are poised to make a meaningful impact – whether it’s transforming wine production, automating debt collection, streamlining biotech compliance or enhancing enterprise decision-making with conversational AI.”

    Introducing the Elev X! Ignite Batch 13 Startups:

    • Bazzuka AI – AI agent for debt collections to save costs and boost recovery for collection teams.
    • EnterpriseChai – The insight engine that thinks & acts for your GTM teams.
    • Lokatial – AI-powered compliance platform streamlines regulatory workflows for pharma and life sciences companies, reducing compliance costs by up to 60%.
    • Otani – AI-driven assistant enhances VC investment decisions with data-driven evaluations, improving efficiency in early-stage deal assessments.
    • Vigneron.AI – AI platform helps wine growers analyze data for proactive vineyard management, enhancing agricultural efficiency and wine quality.
    • Yadag – AI-powered seasonal staffing platform that helps farms hire, onboard and manage workers through WhatsApp—automating paperwork, visa processing and compliance. Over 30K workers sign-ups and growing.

    Each startup benefits from NEC X’s extensive support ecosystem, including access to NEC’s global network of 45,000 patents, curated workshops, investor readiness training, expert advisors and connections across 55+ international markets.

    Graduates of Elev X! programs have gone on to raise funding, gain early traction and bring transformative solutions to market. Recent alumni include Chekable, Clikr, GPx, Multitude Insights, Qualitative Intelligence, Reveleum, Verdi and more.

    Applications for the upcoming cohort, Batch 14, will open in May 2025. For more information about Elev X! Programs, click here.

    About NEC X
    NEC X is an innovation powerhouse and curator of disruptive startups backed by the global technology leadership of NEC. Leveraging 125 years of IT and network technologies expertise, NEC X’s startup-focused approach transforms visionary ideas into commercial successes that revolutionize how we work and live. Since its inception in 2018, NEC X has helped launch and grow more than 130 startups.

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

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

    About NEC Corporation

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

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

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

    Media Contact:

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e46b8ab4-1ef7-4daa-9865-93a342383119

    The MIL Network –

  • MIL-OSI: 2025 BC Cleantech Awards Winners: Meet the Leaders Driving the Future Economy

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Foresight Canada revealed the winners of the fifth annual British Columbia Cleantech Awards at last night’s sold-out ceremony in Vancouver. The awards recognize the innovators, funders, adopters, and supporters working together to catalyze clean technology adoption and net zero progress across the province.

    As global environmental and economic challenges grow, BC’s leadership in cleantech demonstrates how innovation delivers real solutions—advancing a sustainable global economy while simultaneously supporting and growing businesses and industries at home. Recognizing these leaders strengthens BC’s cleantech ecosystem, inspiring innovation and driving meaningful change toward a more resilient and sustainable future economy.

    Meet the winners:

    Adopter of the Year: City of Vancouver

    The City of Vancouver recently expanded its Neighbourhood Energy Utility, tripling sewage heat recovery capacity to supply low-carbon thermal energy to key communities. This project demonstrates cutting-edge filtration and heat pump technologies while serving as a model for urban decarbonization.

    Funder of the Year: Active Impact Investments

    As Canada’s largest climate tech seed fund, Active Impact Investments has fueled early-stage cleantech innovation, catalyzing sustainable growth. In 2024, they launched their third fund and supported startups that collectively mitigated over 1M tonnes of CO2e.

    Cleantech Supporter of the Year: Zero Emissions Innovation Centre

    Led by Melina Scholefield, ZEIC accelerates climate solutions through programs like Building to Electrification, ZEBx, and BC Retrofit Accelerator. ZEIC is driving market transformation, advancing sustainable building practices, and supporting BC’s net zero economy.

    Startup Venture of the Year: Green Manganese Technologies

    Green Manganese Ltd. has developed a revolutionary, eco-friendly method for extracting battery-grade manganese. Their closed-loop process eliminates harmful by-products, remediates mine waste, and sets new sustainability standards for EV battery production.

    Scaleup Venture of the Year: pH7 Technologies Inc.

    pH7 Technologies is transforming metal extraction with a sustainable, near-zero-emissions process. Partnering with industry leaders, pH7 has scaled its operations to recover critical metals from mining waste and recycled materials, supporting the global energy transition.

    Learn more about all our 2025 Canada Cleantech Awards finalists and winners.

    Quotes

    “It’s truly an honour to receive this recognition, and we’re very grateful for the support. This award is a big milestone for our company, which is still young but deeply committed to making a real impact in cleantech. Our journey has been full of learning and growth. As we continue to develop and scale, this recognition reinforces our mission and motivates us to push forward.” — Alexey Demykin, Co-Founder, Green Manganese

    “The 2025 BC Cleantech Award winners are a testament to BC’s unwavering leadership in the cleantech sector, and it fills me with immense pride to recognize their achievements. The winners’ efforts prove that we are not just talking about a sustainable future—we are building it, while also supporting a resilient provincial economy, setting an example for Canada and the world to follow.” — Jeanette Jackson, CEO, Foresight Canada

    About Foresight Canada

    ​​Foresight Canada helps the world do more with less, sustainably. As Canada’s largest cleantech innovation and adoption accelerator, they connect public and private sectors to the world’s best clean technologies, de-risking and simplifying the adoption of innovative solutions that improve productivity, profitability, and economic competitiveness, all while addressing today’s most urgent climate challenges.

    Contact:
    Heather Kingdon
    Manager, Communications
    hkingdon@foresightcac.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d437486b-001c-4506-924a-5a3b5c488443

    The MIL Network –

  • MIL-OSI: Oma Savings Bank Plc’s Chief Communications Officer Changes

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 27 MARCH 2025 AT 17.30 P.M EET, CHANGES BOARD/MANAGEMENT/AUDITORS

    Oma Savings Bank Plc’s Chief Communications Officer Changes

    Chief Communications Officer of Oma Savings Bank (OmaSp or the Company) Minna Sillanpää will leave the Company as of 27 March 2025. MMM, MBA Pirjetta Soikkeli has been appointed as new Chief Communications Officer, starting on 7 July 2025 at the latest.

    CEO Sarianna Liiri:
    “I would like to extend my sincere gratitude to Minna for her long and dedicated service to Oma Savings Bank. Minna has made significant contributions to the development of the Company’s communications, branding, and sustainability efforts”, says interim CEO Sarianna Liiri.

    Pirjetta Soikkeli joins Oma Savings Bank from the position of Senior Vice President Communications, Marketing and Sustainability at Handelsbanken Finland. Previously, she has held leadership positions in communications, marketing and sustainability at Metsä Group, Fortum, and Stora Enso.

    In the interim, the duties of the Chief Communications Officer will be handled through internal arrangements.

    Oma Savings Bank Plc

    Additional information:
    Sarianna Liiri, interim CEO, tel. +358 40 835 6712, sarianna.liiri@omasp.fi

    DISTRIBUTION:
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Intchains Group Limited’s Goldshell launches its innovative product today: Goldshell Byte enables dual mining with swappable cards

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG), a leading innovator in integrated solutions consisting of efficient mining products for altcoins, is proud to announce its launch of the Goldshell Byte under its Goldshell brand on 27 March 2025.

    Goldshell Byte is an innovative home miner with a standard dual-slot mining base and hot-swappable mining hash boards, enabling miners to simultaneously apply two different algorithms and easily switch mining cards based on market conditions.

    Currently, Goldshell has released two companion cards for the Byte product: the AE Card and DG Card. The default hash rate of the AE Card is 4.5 MH/s ±5%, while the DG Card operates at 65 MH/s ±5%.

    Mr Ding Qiang, CEO of ICG, said: “The Goldshell Byte enables quick switching mining algorithms without replacing the entire rig. While reducing miners’ exposure to market volatility, it also enables them to capitalize on early-market opportunities more easily. The company has successfully developed mining rigs for more than ten different projects to date. The launch of the Goldshell Byte product not only further solidifies our market position in the home mining sector but also enhances the standardization of our product lineup.”

    Product Innovation and Key Advantages

    • Market-Responsive Mining: While traditional miners are limited to specific cryptocurrencies, Byte is a long-term solution that dynamically adapts to market conditions through swappable mining cards, enabling seamless capture of emerging opportunities.
    • Dual Mining Capability: Mine two cryptocurrencies simultaneously with Goldshell Byte’s dual-mining architecture.
    • Home-Friendly Design: Noise-free operation, simple setup and ideal for household environment.
    • Wireless& Cloud control: monitor and control Byte using WiFi and the Goldshell Hub App.

    Availability

    The Goldshell Byte is available from today (27 March 2025) on Goldshell’s official website.

    For more information about ICG, please visit https://intchains.com/ and follow ICG on LinkedIn and X.

    About Intchains Group

    Intchains Group Limited (ICG) is a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications.

    Contacts:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    Redhill Communications

    Belinda Chan
    Tel: +852-9379-3045
    Email: belinda.chan@creativegp.com

    The MIL Network –

  • MIL-OSI: Payment Fraud Goes Mainstream: Sift’s Q1 2025 Digital Trust Index Reveals 89% Surge in Consumer Exposure to Fraud Schemes

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 27, 2025 (GLOBE NEWSWIRE) — Sift, the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index. The report revealed an alarming trend in the democratization of payment fraud: 34% of consumers have seen offers to participate in payment fraud online—an 89% increase over 2024.

    This dramatic increase highlights how payment fraud has moved from the domain of sophisticated cybercriminals to become accessible to everyday consumers through easily available tools and services. The report details how fraudsters openly advertise and sell stolen payment information and fraud services on social media platforms and deep web forums like Telegram, significantly lowering the barrier to entry for anyone to participate in fraudulent activities.

    “The democratization of fraud through the widespread availability of stolen payment information and validation tools—easily found and purchased online—is luring ordinary consumers into cybercrime,” said Kevin Lee, SVP of Customer Experience, Trust & Safety at Sift. “This new reality for fraud demands a fundamental shift in how businesses approach risk decisioning, moving beyond fragmented data points and using a framework that puts identity insights as the core tenant for establishing trust.”

    The report highlights “Silver Bullet Configs,” a service found on Telegram that provides users with device configurations that allow them to bypass security measures on many digital platforms. These configurations equip individuals with the ability to test compromised payment information and login credentials with minimal technical expertise.

    Generational data reveals a concerning trend: younger consumers are significantly more likely to engage in payment fraud. Among those who personally participated in or know someone who has participated in payment fraud (23% of all surveyed consumers), 32% of Gen Z and 43% of Millennials admitted to personally participating in payment fraud schemes.

    Industry-specific data from the Sift Global Network shows payment fraud attack rates remained high at 3.3% in 2024, with certain sectors experiencing disproportionate targeting:

    • Ticketing & Reservations: 7.4% attack rate
    • Social Media: 5.2% attack rate
    • Transportation: 4.8% attack rate
    • Payment Service Providers: 4.7% attack rate
    • Online Travel Agencies & Services: 4.3% attack rate

    Alternative payment methods also faced higher fraud risks, with loyalty points (6.19%), financing options (5.15%), and prepaid cards (4%) experiencing the highest fraud rates among payment types. Traditional payment methods like credit cards (1.31%) and debit cards (1.6%) saw comparatively lower fraud rates.

    The full Q1 2025 Digital Trust Index is available here.

    About Sift

    Sift is the AI-powered fraud platform securing identity trust for leading global businesses. Our deep investments in machine learning and user identity, a data network scoring 1 trillion events per year, and a commitment to long-term customer success empower more than 700 customers to grow fearlessly. Brands including DoorDash, Yelp, and Poshmark rely on Sift to unlock growth and deliver seamless consumer experiences. Visit us at sift.com and follow us on LinkedIn.

    Media Contact:
    Victor White
    VP, Corporate Marketing, Sift
    press@sift.com

    The MIL Network –

  • MIL-OSI: Gate Technology Ltd Rebrands to Gate.io in Europe

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, Panama, March 27, 2025 (GLOBE NEWSWIRE) — Gate Technology Ltd ( the “Company”), previously operating as Gate.MT has officially announced the rebranding from Gate.MT name to Gate.io. This change reflects the Company’s commitment to strengthening its presence across Europe and aligning its operations with the globally recognized Gate.io brand.

    Since 2022, Gate Technology Ltd has been serving its clients in Europe through its VFA Class 4 license obtained from the Malta Financial Services Authority (MFSA). In Italy, the Company operates through its subsidiary, which registered as a Virtual Asset Service Provider (VASP) with the Organismo Agenti e Mediatori (OAM) in 2024. Both entities will continue providing services to their clients under the new Gate.io branding.

    The rebranding aims to leverage the strength of the Gate.io name, widely recognized as one of the largest crypto exchanges globally, used by over 22 million clients worldwide. This shift is part of a broader strategy to enhance the Company’s brand presence in Europe and continue its commitment to delivering top-tier cryptocurrency exchange and custody services.

    ​​The Company emphasized that the rebranding is not just a name changing. It is part of a broader effort to improve service offerings for European clients and ensure a secure, user-friendly experience while remaining compliant with local crypto regulations.

    Looking ahead, The Company plans to expand its regulated operations across Europe, with ambitions to reach the full coverage of all its nations in a regulated manner. The Company will make further announcements in the coming months regarding the scope and timeline of its expansion.

    Giovanni Cunti, CEO of Gate Technology Ltd, expressed his gratitude to clients for their continued trust and support, reassuring them that the Company is committed to maintaining its leadership position in the European cryptocurrency space and continuing to serve its growing client base.

    Disclaimer
    This document is intended for informational purposes only and does not constitute legal, financial, or investment advice. The rebranding referred to herein relates to Gate Technology Ltd and its operations in Europe.
    Gate Technology Italia SRL, limited liability company incorporated in Italy with company registration number 13347630967. Gate Technology Italia SRL is licensed by the OAM to operate as virtual currency operators, registry number PSV150.
    Any services mentioned in this communication are provided only in accordance with applicable regulatory permissions in the respective jurisdictions.

    Media Contact:
    Elaine Wang
    elaine.w@gate.io

    Disclaimer: This press release is provided by Gate.io. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/38b93ebc-5308-47cd-ab21-f02887735e03

    The MIL Network –

  • MIL-OSI: XploraDEX Ignites XRP DeFi – $XPL Presale Heats Up as Whales Accumulate

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 27, 2025 (GLOBE NEWSWIRE) — The $XPL Presale is Now Live, and wallet activity shows that the smartest money in crypto is already securing early positions. With real AI technology, real trading utility, and first-mover status on XRPL, this could be the 100x opportunity XRP holders have been waiting for.

    Why the Buzz? XploraDEX Delivers Real Innovation

    While most DEXs are playing catch-up, XploraDEX is building the future with:

    • AI-Driven Trading Automation – Predictive analytics, auto-execution, and 24/7 intelligent trade strategies
    • Smart Liquidity Optimization – Real-time routing that eliminates slippage and maximizes efficiency
    • Advanced Insights – AI dashboards offering deep market forecasting, trend tracking, and signal alerts
    • Lightning-Fast Transactions on XRPL – Settle trades in 3–5 seconds with near-zero fees

    This isn’t just another DeFi protocol. It’s a next-gen platform built for performance, speed, and scalability—powered by real AI.

    GET $XPL TOKEN https://sale.xploradex.io

    The $XPL Token: Utility, Governance & Serious Upside

    The $XPL Token unlocks access to everything inside the XploraDEX ecosystem, including:

    • Premium AI tools & trading features
    • Staking rewards & passive income
    • Fee discounts for active traders
    • DAO voting rights for future upgrades
    • Liquidity mining incentives for early supporters

    And with whale wallets already stacking $XPL, early participants are positioning themselves ahead of what could become XRPL’s most explosive DeFi launch.

    $XPL PreSale Information

    Token Name: XploraDEX

    Total Supply: 500,000,000

    Presale Allocation: First Come, First Serve!

    DEX Listing: 25% Higher

    Liquidity Pools: Launching immediately after TGE!

    BUY $XPL TOKEN: https://sale.xploradex.io

    Don’t Sit This Out – The $XPL Presale Is Live

    The window to grab $XPL Token at presale pricing is closing fast. Investors who act now will enjoy:

    • Lower entry price before listing
    • Priority access to staking & AI beta tools
    • High allocation rewards for early commitment
    • Direct impact on protocol development through governance

    XploraDEX is not just creating a token, it’s launching an AI-driven trading revolution on XRPL.

    Join the AI Revolution on XRP Ledger

    If you missed XRP’s last bull run, this is your second shot—with AI, automation, and whale momentum on your side.

    The future of trading is intelligent, fast, and built on XRPL. That future is called XploraDEX.

    Join the $XPL Presale Now: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

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

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cada7ee7-597d-43e2-aaa5-7ee8a34a36d2

    The MIL Network –

  • MIL-OSI: Ascend Learning Announces Acquisition of Clover Learning to Expand Allied Health Education Offerings

    Source: GlobeNewswire (MIL-OSI)

    LEAWOOD, Kan., March 27, 2025 (GLOBE NEWSWIRE) — Ascend Learning, a leading healthcare and learning software company, today announced the acquisition of Clover Learning, a pioneer in online diagnostic imaging education. Clover Learning enhances Ascend’s portfolio of allied health brands, furthering its mission to provide comprehensive training and certification solutions to healthcare professionals.

    As the US population ages, demand for medical imaging services is increasing and contributing to staffing challenges and shortages in the radiology workforce. Learning and upskilling to aid in retention and attracting new talent are critical needs in this workforce.

    “We are thrilled to welcome Clover Learning to our growing portfolio of allied health brands as this acquisition aligns with our shared mission to bring skilled workers to the healthcare industry,” said Kathy Hunter, Allied Health category leader at Ascend Learning. “Clover’s innovative approach to education and their commitment to excellence will help us continue to serve the allied health professions and ultimately create better-qualified healthcare professionals to serve patients.”

    Clover Learning is an established leader in online diagnostic imaging market training, certification exam preparation, and continuing education through its innovative platform that leverages evidence-based learning methodologies and interactive experiences. With a 96% pass rate on certification exams, Clover Learning’s transformative courses are designed to ignite curiosity and encourage critical thinking among healthcare students and professionals.

    Ascend Learning’s Allied Health offerings include National Healthcareer Association (NHA), a market leader in preparing and certifying healthcare students for high demand allied health professions with nationally recognized accredited credentials. NHA’s offerings include learning resources, exam preparation, and professional development solutions. Together, Ascend’s NHA and Clover Learning will expand and enhance support for these critical professions.

    “Joining forces with Ascend Learning is an incredible opportunity for Clover Learning,” said Ari Blum, Founder and CEO of Clover Learning. “With Ascend Learning’s significant resources and long-standing expertise in healthcare learning, we will have opportunities to scale our imaging offerings and continue to provide best-in-class training, prep materials, continuing education, and cross-training solutions to the imaging market. Together, we can continue transforming healthcare education and supporting the next generation of healthcare professionals.”

    “The acquisition of Clover Learning underscores Ascend Learning’s ongoing commitment to improve patient care by equipping healthcare professionals with the skills and knowledge they need to enter the workforce and continue to succeed in these critical professions,” said Lissy Hu, MD, CEO of Ascend Learning. “Clover Learning enables us to further strengthen and enhance the training and development of allied health professionals, indispensable members of healthcare teams, across more disciplines and professions.”

    Tyton Partners served as the exclusive financial advisor to Clover.

    About Ascend Learning: 
    Ascend Learning is a leading healthcare and learning technology company. With products that span the learning continuum, Ascend Learning focuses on high-growth careers in a range of industries, with a special focus on healthcare and other licensure-driven occupations. Ascend Learning products, from testing to certification, are used by physicians, emergency medical professionals, nurses, allied health professionals, certified personal trainers, financial advisors, skilled trades professionals and insurance brokers. Learn more at www.ascendlearning.com.

    About Clover Learning: Clover Learning, Inc. is a pioneer in online healthcare education for the diagnostic imaging field. Founded in 2017, Clover Learning has become one of the fastest-growing companies in the industry, offering engaging video lessons, quizzes, assessments, and certification exam prep tools. Clover Learning’s mission is to transform students into professionals and professionals into experts through personalized, innovative, and accessible online education.

    Media Contact
    V2 Communications for Ascend Learning
    ascend@v2comms.com

    The MIL Network –