Category: GlobeNewswire

  • MIL-OSI: WithSecure Corporation: SHARE REPURCHASE 18.3.2025

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, STOCK EXCHANGE RELEASE, 18 March 2025 at 6.30 PM (EET)
           
           
    WithSecure Corporation: SHARE REPURCHASE 18.3.2025  
           
    In the Helsinki Stock Exchange      
           
    Trade date           18.3.2025    
    Bourse trade         Buy    
    Share                  WITH    
    Amount             15 000 Shares  
    Average price/ share    0,9562 EUR  
    Total cost            14 343,00 EUR  
           
           
    WithSecure Corporation now holds a total of 181 890 shares  
    including the shares repurchased on 18.3.2025    
           
    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      

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    The MIL Network

  • MIL-OSI: Dassault Systèmes: Filing of the 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceMarch 18, 2025

    Filing of the 2024 Universal Registration Document

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) announces the filing on March 18, 2025 of its French 2024 Universal Registration Document (constituting the Annual Financial Report) with the Autorité des marchés financiers.  

    The French version of this document is available on Dassault Systèmes’ website at https://investor.3ds.com/fr (sections Regulated information or Events & Publications/ Reports). Hard copies of the French 2024 Universal Registration Document are also available upon request at Dassault Systèmes’ headquarters (10, rue Marcel Dassault, CS 40501 – 78946 Vélizy-Villacoublay, France). The English version will be available on Dassault Systèmes’ website (https://investor.3ds.com/) in the coming days.

    The following documents are included in the Universal Registration Document in accordance with legal provisions:

    • 2024 Annual Financial Report;
    • Board of Directors’ Report on corporate governance;
    • Sustainability Report; and
    • Description of the share repurchase program proposed to the General Shareholders’ Meeting.

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 350 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com.

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe: +33 1 61 62 87 73
    arnaud.malherbe@3ds.com        

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    Attachment

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  • MIL-OSI: BW Offshore: Short-term extension for BW Pioneer

    Source: GlobeNewswire (MIL-OSI)

    Short-term extension for BW Pioneer

    BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates the completion of administrative processes necessary for finalising the sale.

    For further information, please contact:
    Ståle Andreassen, CFO, +47 91 71 86 55

    IR@bwoffshore.com or www.bwoffshore.com

    About BW Offshore:
    BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI: Fast Company Names Huntress Among 50 Most Innovative Companies for Democratizing Enterprise Security

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., March 18, 2025 (GLOBE NEWSWIRE) — Huntress has been named to Fast Company’s prestigious Most Innovative Companies list for 2025, earning recognition for democratizing cybersecurity previously reserved for Fortune 500 companies. As cybercrime costs approach a staggering $10.5 trillion annually, Huntress is challenging the status quo by making enterprise-grade protection accessible to businesses of all sizes.

    “While industry giants focus on the Fortune 500, we’re protecting the backbone of the economy,” said Kyle Hanslovan, CEO of Huntress. “We set out from the start to protect everyone, and our 24/7 security team, empowered by our technology, catches threats every day that can devastate a business.”

    Fast Company sifts through thousands of applications to find standout companies that are demonstrating leadership and making an impact on the world. Huntress earned its overall ranking for democratizing cybersecurity for all and the number one spot in the security category for the newest additions to its managed cybersecurity platform:

    • Huntress Managed Security Information and Event Management (SIEM): Traditional SIEMs are notorious for overwhelming alerts, operational complexity, and high costs. Huntress Managed SIEM simplifies data and event monitoring by using and retaining only what’s needed to prioritize actionable insights, streamline compliance needs, and remove blockers to successful use.
    • Huntress Managed Identity Threat Detection and Response (ITDR): Modern attackers increasingly target identities as entry points. ITDR addresses this growing threat vector by proactively monitoring and protecting against credential-based attacks and privilege escalations, locking out attackers before they cause damage.

    What separates Huntress is its “One Team Advantage”—every product is built, owned, and operated by one team, enabling the company to innovate and adapt as quickly as the threat actors do.

    “The cybersecurity industry has failed millions of businesses by making protection too complex and expensive,” added Hanslovan. “We’re proving that world-class security doesn’t have to be a luxury.”

    Huntress protects organizations across industries with its 24/7 Security Operations Center, achieving a false-positive rate under 1% – a metric that outperforms many enterprise solutions costing significantly more.

    Additional resources:

    • Join the hunt: visit Huntress’ career page.
    • Learn how Huntress protects endpoints, identities, and more with managed detection, investigation, and response.
    • Read the Huntress blog to learn from our leading experts.

    About Huntress
    Huntress is the enterprise-grade, people-powered cybersecurity solution for all businesses, not just the 1%. With fully owned technology developed by and for its industry-defining team of security analysts, engineers, and researchers, Huntress elevates underresourced tech teams whether they work within outsourced IT environments or in-house IT and security teams.

    The 24/7 industry-leading Huntress Security Operations Center (SOC) covers cyber threats for outsourced IT and in-house teams through remediation with a false-positive rate of less than 1%. With a mission to break down barriers to enterprise-level security and always give back more than it takes, Huntress is often the first to respond to major hacks and threats while protecting its partners and shares tradecraft analysis and threat advisories with the community as they happen.

    As long as hackers keep hacking, Huntress keeps hunting. Join the hunt at www.huntress.com and follow us on XInstagramFacebook, and LinkedIn.

    Huntress Contact:
    press@huntresslabs.com

    The MIL Network

  • MIL-OSI: Shaping the Future of Work: HP Amplify 2025

    Source: GlobeNewswire (MIL-OSI)

    News Highlights

    • Brings world’s largest portfolio of AI PCs to the mainstream1 with new HP EliteBooks, HP EliteDesks, and HP OmniBooks – delivering smarter workflows and incredible productivity.
    • Launches the world’s first printers that protect against quantum computer attacks2 with the HP LaserJet Enterprise 8000 Series Printers for enhanced hardware security.
    • Enhances AI-powered insights in Workforce Experience Platform (WXP) to improve IT and employee experiences.
    • Optimizes gameplay with OMEN AI on the new OMEN 16 Slim Gaming Laptop, and HyperX Cloud III S Wireless Gaming Headset delivers unmatched immersive audio experiences.

    NASHVILLE, Tenn., March 18, 2025 (GLOBE NEWSWIRE) — At its annual Amplify Conference, HP Inc. (NYSE: HPQ) today announced new products and services designed to shape the future of work, empowering people and businesses to create and manage their own way of working. The company unveiled more than 80 PCs, AI-powered print tools for SMBs, and Workforce Experience Platform enhancements all built to drive company growth and professional fulfillment.

    “HP is translating AI into meaningful experiences that drive growth and fulfillment,” said Enrique Lores, President and CEO at HP Inc. “We are shaping the future of work with game-changing AI innovations that seamlessly adapt to how people want to work.”

    Leading the Future of Work

    HP’s 2024 Work Relationship Index reports that only 28 percent of workers have a healthy relationship with work. Companies and people are seeking better work experiences and new advancements in technology – from seamless device connectivity to AI applications – that can help people work faster, think more creatively, and connect on a deeper level.

    With customers looking to refresh their devices to Windows 11,3 HP is supercharging its PCs to take advantage of the latest technologies available with select models qualifying as Copilot+ PCs, 4 so work doesn’t feel like work:

    • The HP EliteBook 8 Series is masterfully redesigned with mainstream enterprise workers in mind, delivering AI-powered productivity and seamless collaboration in a repairable and upgradeable package. With NPU options up to 50 TOPS, experience up to 224% better power efficiency and up to 43 times faster AI image generation for incredible performance gains versus previous non-NPU models.5
    • The HP EliteDesk 8 Series brings AI powerfully and securely to the company’s desktop portfolio. These devices are ideal for corporate project managers and workers who need a reliable PC that can manage even the most demanding projects for smarter workflows and productivity. This is the world’s first business desktop PC portfolio to protect against quantum computer hacks,6 combining high performance with lower power consumption to reduce costs.
    • The HP EliteStudio 8 AiO G1i is the perfect tool for an on-the-go employee constantly moving around the office. As the world’s first commercial PC with integrated KVM ability through HP Device Switch,7 an employee can use the all-in-one for work or quickly plug their laptop into the AIO with a single cable to power the notebook and access all the available peripherals.
    • The OmniBook X Series is designed for creators who need a PC that adapts to their workflow, whether it be a svelte 14-inch flip device to ideate and draw, or a powerhouse clamshell 17.3-inch PC to power through their larger-than-life creations. The OmniBook 7 Series is built for power users on their PC for all-day productivity for school or work. And the OmniBook 5 Series is ideal for families and students with a versatile design that’s built for streaming, light gaming, and personal productivity. Devices across the consumer notebook portfolio are offered in a variety of sizes with powerful Intel Ultra or AMD Ryzen™ processors.

    HP is also delivering powerful new AI software experiences to complement this next generation of AI PCs. Qualifying consumer and commercial devices from HP are equipped with exclusive software designed to transform how people work in the office, at home, and everywhere in between:

    • HP AI Companion is an advanced on-device AI research assistant that delivers instant answers and secured file analysis, even without an internet connection.8,9 New features planned for this Spring include intuitive voice and text commands and built-in keylogger protections to enhance productivity while keeping data secure on the device.
    • HP Go10 plans to deliver seamless global connectivity for highly mobile professionals. With automatic network switching regardless of carrier, advanced fleet management, and effortless setup, road warriors can connect and be productive wherever work takes them. The HP Go service option will first be available on the HP EliteBook 6 G1q powered by Snapdragon X Series, making it the world’s first AI PC with zero-touch multi-carrier 5G deployment.11
    • Poly Camera Pro newest features make virtual interactions and video conferencing more dynamic and engaging, with AI-powered features like Magic Background, seamless streaming integrations, and presenter overlays.12 Multi-camera support, customizable aesthetics, and auto-framing transforms any workspace into a professional studio experience.

    HP is changing the way customers print and manage documents, making it easier and more efficient with new features and technology:

    • Two new features to its collection of AI-powered tools that help SMBs simplify and enhance the print experience. The first feature streamlines the process of sharing scanned documents by using AI to summarize them and draft an email with the document attached, allowing for easy sharing via email or chat. The second feature offers automatic and guided redaction to safeguard sensitive information, ensuring that private data remains secure on HP devices without requiring a cloud connection. These innovations aim to reduce the complexity and enhance the security of document handling for small businesses. 
    • The HP LaserJet Enterprise 8000 Series Printers are the world’s first printers that protect against quantum computer attacks2. They provide enhanced hardware-level security for highly regulated organizations that rely on secure printing, ensuring protection against future quantum computer attacks while seamlessly integrating with Zero Trust architectures.
    • The HP Latex R530 Printer is the only compact all-in-one HP Latex printer13, capable of handling both rigid and flexible media. Its digital operation simplifies workflows and maximizes space, boosting efficiency. It helps small and medium-sized print shops (PSPs) meet customer demands with high-quality prints and impressive output.

    HP provides IT with valuable insights that empower employees to thrive with HP Workforce Experience Platform (WXP)14 enhancements and expanded availability. New features include:

    • AI Sentiment Analysis now includes AI capabilities to assess and improve employee experience by analyzing thousands of free text surveys.
    • Fleet Explorer is a new AI-powered natural language processing (NLP) tool lets users query fleet data instantly for insights.
    • Vyopta Integration15 enables HP and Vyopta customers to now check on the overall health of their organization’s collaboration environment in WXP.
    • Pre-built scripts, alerts and dashboards help organizations monitor fleets, automate workflows.

    Shaping the Future in Play

    Technology can also offer people a smooth transition from work into play. According to Mohamed Ala Saayed, Senior Program Director & Fellow, Frost & Sullivan, “About 60% of gaming PCs owners likely use their systems for work-related activities in addition to gaming.”16

    New gaming hardware across OMEN and HyperX delivers meaningful performance and personalization for the ultimate in gameplay:

    • The OMEN 16 Slim Gaming Laptop redefines portable gaming with its ultra-thin design to game anywhere. The PC delivers next-level performance with up to Intel® Core™ Ultra 9 285H processors,17 and comes with up to an NVIDIA® GeForce RTX™ 5070 Laptop GPU for next-level graphics fidelity.
    • The OMEN Transcend 14 Gaming Laptop is refreshed to deliver the same powerful CPU and GPU performance as the OMEN 16 Slim for gamers and creators on the go, bringing 25% more power.18
    • OMEN AI is a personalized, one-click solution that recommends the best system, hardware, and gaming settings based on each unique device and game to eliminate endless tinkering. Accessible within OMEN Gaming Hub, OMEN AI is available on all HP gaming and consumer PCs.
    • The HyperX Cloud III S Wireless Gaming Headset delivers unmatched comfort and immersive audio for up to 120 hours of battery life in 2.4GHz and up to 200 hours in Bluetooth mode on a single charge.19 HyperX-tuned acoustics ensure crystal-clear audio and the durable yet flexible design, boom and boomless mic options, and customizable earcup plates let gamers play longer, sound better, and do it in style.20

    HP Amplify Newsroom
    For all the latest HP Amplify Partner Conference news and updates, visit the HP Newsroom including the just released Threat Research Report press release and news from the Advanced Compute Solutions business. More news posting at 2 p.m. ET and 4 p.m. ET.

    • Follow @HP on LinkedIn, X, and Instagram
    • Follow @Enrique Lores on LinkedIn
    • Follow #HPAmplify across social platforms for the latest updates

    About HP
    HP Inc. is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

    1 Based on HP’s internal analysis of AI-enabled platforms across all commercial PC and consumer PC vendors as of March 2025. “AI PC” is defined as a PC with an integrated Neural Processing Unit (NPU) designed to accelerate AI workloads, regardless of TOPS count.
    Comparison includes commercially and consumer available AI PCs available in the market.
    2 Based on HPs internal analysis of business Printers with preinstalled encryption, authentication, malware protection, post-quantum digital signature, and initial BIOS firmware integrity protection with automatic self-healing recovery finding that no other in-class Printers implement a quantum-resistant cryptographic scheme to protect the integrity of the BIOS and firmware as of March 2025.
    3 Not all features are available in all editions or versions of Windows. Systems may require upgraded and/or separately purchased hardware, drivers, software or BIOS update to take full advantage of Windows functionality. Windows is automatically updated and enabled. High speed internet and Microsoft account required. ISP fees may apply and additional requirements may apply over time for updates. See http://www.windows.com.
    4 On some devices, some Copilot+ PC experiences require free updates continuing to roll out through early 2025. Timing varies by device and region. See aka.ms/copilotpluspcs. Copilot is not available in China, Russia, Belarus, and embargoed regions Cuba, Iran, North Korea, and Crimea.
    5 Based on image generation with NPU vs. non-NPU processor using Amuse software generating a 1024 x 1024 pixel image from the same text prompt repeatedly until battery depletion to determine power efficiency. Configurations tested: HP EliteBook 8 G1a AI with AMD Ryzen AI PRO 350 and 32GB RAM vs. HP EliteBook 845 G10 with AMD Ryzen 7 PRO 7840U and 32GB RAM. Results may vary
    6 Based on HPs internal analysis of business PCs with preinstalled encryption, authentication, malware protection, BIOS-level protection and passing MIL-STD testing, finding that no other in-class PC implements a quantum-resistant cryptographic scheme to protect the integrity of UEFI BIOS firmware as of February 2024. Requires Windows 10 or higher. For supported HP PCs with the latest HP Endpoint Security Controller. See https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=4AA8-3644ENW.
    7 Optional feature must be configured at the time of purchase.
    8 HP AI Companion is available preloaded on select HP next gen AI PCs or is available for download from the Microsoft store and requires a HP next gen AI PC with a NPU supporting 40-60 TOPS with 16 GB or more of storage and requires Windows 11. Perform requires account set up within 30 days of PC boot or enrollment through the HP AI Companion app. Some features require customer upload of local data. Ten (10) library 100 MB limit each, supported files may vary and at launch include pdf, .txt., .docx files. For ‘On device’ AI use, your HP Next Gen AI PC requires 32GB RAM and will require up to 4.5 GB storage on your PC. “On device” mode uses a downloaded LLM Phi 3.5 to process queries locally and does not require an internet connection. “Cloud” mode uses GPT-4o to process queries online and requires an internet connection. Spotlight and voice capability expected availability in Spring 2025 Availability varies by region.
    9 HP AI Companion requires an HP Next Gen AI PC with a NPU supporting 40-60 TOPS and requires Windows 11. For ‘On device’ AI use, your HP Next Gen AI PC requires 32 GB RAM and will require up to 4.5 GB storage on your PC.
    10 HP Go integrates pre-embedded carrier profiles, pre-activation processes, and pre-configured APNs at the factory, enabling seamless out-of-the-box connectivity. Requires 5G module and Windows support for carrier profile management and network selection. North America subscription service ONLY. Available in Spring 2025.
    11 Zero-touch multi-carrier 5G deployment is the ability to automatically onboard and activate 5G connectivity across multiple carriers without requiring manual carrier selection, IT-managed profile provisioning, or traditional enterprise (STD) onboarding methods. Unlike standard WWAN and eSIM-based setups, HP Go integrates pre-embedded carrier profiles, pre-activation processes, and pre-configured APNs, enabling automatic connection to the fastest available network. North America subscription service ONLY. Available in Spring 2025.
    12 Requires myHP application and Windows OS.
    13 Based on internal HP testing.
    14 HP Workforce Experience Platform (WXP) is available in various tiers with optional add-on solutions in various term licenses. WXP is for commercial customers and some features and capabilities may require additional purchase of HP Services and/or commercial hardware supporting the HP Insights agent for Windows, Mac, & Android available for download at https://workforceexperience.hp.com/software.admin.hp.com/software. For full system requirements and services that require the agent, please visit https://workforceexperience.hp.com/requirements. Activation and restrictions may apply. The agent collects telemetry and analytics around devices and applications that integrate into the Workforce Experience platform and is not sold as a standalone service. The agent is ISO27001, ISO27701, ISO27017 and SOC2 Type2 certified for Information Security.
    15 HP Vyopta license required for collaboration technology monitoring
    16 March 2025. Mohamed Alaa Saayed, Senior Program Director & Fellow, Frost & Sullivan. 60% of gaming PCs are split between 55% desktop and 65% laptop users.
    17 Multi-core is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. Intel’s numbering, branding and/or naming is not a measurement of higher performance. Intel, Core, and the Intel logo are trademarks and/or registered trademarks of Intel Corporation in the U.S. and other countries.
    18All performance specifications represent the typical specifications provided by HP’s component manufacturers; actual performance may vary either higher or lower. Total processors power = Total GPU power plus total thermal power.
    19 Tested at 50% headphone volume, continuous playback. Using 2.4GHz mode, the headset has a battery life of up to 120 hours. Using Bluetooth mode, the headset has a battery life of up to 200 hours. Actual battery life will vary with use and maximum battery capacity will naturally decrease with time and usage.
    20 Earcup plates sold separately. Available in select countries/regions.

    The MIL Network

  • MIL-OSI: Resolutions of the Annual General Meeting of WithSecure Corporation and the decisions of the organizing meeting of the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, Stock Exchange Release, 18 March 2025, 18:00 EET

    Resolutions of the Annual General Meeting of WithSecure Corporation and the decisions of the organizing meeting of the Board of Directors                            

    The Annual General Meeting of WithSecure Corporation was held on 18 March 2025. The General Meeting adopted the financial statements for the financial year 2024 and approved as advisory resolution the remuneration report and the updated remuneration policy for governing bodies. The members of the Board as well as the President and CEO were discharged from liability.

    The use of the loss shown on the balance sheet and the distribution of dividend 

    The General Meeting approved the proposal of the Board of Directors that no dividend will be paid for the financial year 2024 due to the loss-making net result of the year. The Company will focus on funding its growth and developing the business.

    Board of Directors and Auditors 

    The General Meeting decided that the annual remuneration of the Board of Directors will remain unchanged: EUR 80,000 for the Chair of the Board of Directors, EUR 48,000 for the Committee Chairs, EUR 38,000 for the members of the Board of Directors, and EUR 12,667 for a member of the Board of Directors employed by the Company. Approximately 40% of the remuneration will be paid as the Company’s shares acquired on the Board members’ behalf.

    The General Meeting decided that the number of Board members be seven (7). The following current Board members were re-elected: Risto Siilasmaa, Tuomas Syrjänen, Ciaran Martin, Amanda Bedborough and Niilo Fredrikson. Mervi Kerkelä-Hiltunen as well as Artturi Lehtiö, who belongs to the personnel of WithSecure Corporation, were elected as new members of the Board of Directors.

    The Board elected Risto Siilasmaa as the Chair of the Board. Tuomas Syrjänen was nominated as the Chair of the Personnel Committee and Risto Siilasmaa and Niilo Fredrikson as members of the Personnel Committee. Mervi Kerkelä-Hiltunen was nominated as the Chair of the Audit Committee and Ciaran Martin, Amanda Bedborough and Artturi Lehtiö were nominated as members of the Audit Committee.

    It was decided that the remuneration to the auditor is paid in accordance with the approved invoice. Audit firm PricewaterhouseCoopers Oy was re-elected as auditor of the Company. Mr. Jukka Karinen, APA, acts as the responsible auditor. 

    It was decided that the remuneration to the sustainability auditor is paid in accordance with the approved invoice. Sustainability audit firm PricewaterhouseCoopers Oy was elected as sustainability auditor of the Company. Mr. Jukka Karinen, ASA, acts as the responsible sustainability auditor. 

    Authorizing the Board of Directors to resolve on the repurchase of the Company’s own shares 

    The General Meeting authorized the Board of Directors to resolve upon the repurchase of a maximum of 17,609,870 of the Company’s own shares in total. The maximum amount equals to approximately 10% of all the shares in the Company, in one or several tranches with the Company’s unrestricted equity.

    The authorisation entitles the Board of Directors to resolve on the repurchase also in deviation from the proportional holdings of the shareholders (directed repurchase). The authorisation comprises the repurchase of shares either in the public trading or otherwise in the market at the trading price determined for the shares in public trading on the date of purchase, or with a purchase offer to the shareholders, in which case the repurchase price must be the same for all shareholders. The Company’s own shares shall be repurchased to be used for carrying out acquisitions or implementing other arrangements related to the Company’s business or for optimising the Company’s capital structure, to be used as part of the implementation of the Company’s incentive scheme or otherwise to be transferred further or cancelled. The authorisation includes the right of the Board of Directors to resolve on all other terms related to the repurchase of the Company’s own shares.

    The authorization is valid until the conclusion of the next Annual General Meeting, in any case no later than until 30 June 2026.

    Authorizing the Board of Directors to resolve on the issuance of shares as well as the issuance of options and other special rights entitling to shares

    The General Meeting authorized the Board of Directors to resolve on the issuance of a maximum of 17,609,870 shares in total through a share issue as well as by issuing options and other special rights entitling to shares pursuant to chapter 10, section 1 of the Companies Act in one or several tranches. The maximum number of shares corresponds to 10% of all shares in the Company. The authorization concerns both the issuance of new shares and the transfer of treasury shares held by the Company.

    The authorisation entitles the Board of Directors to resolve on all terms related to the share issue as well as the issuance of options and other special rights entitling to shares. The issuance of shares may be carried out in deviation from the shareholders’ pre-emptive subscription right (directed issue). The authorisation may be used for potential acquisitions or other arrangements, for share-based incentive schemes or otherwise for purposes resolved by the Board of Directors. Of the authorisation, a maximum of 2,000,000 shares may be used as part of the above-mentioned share-based incentive schemes, which corresponds to approximately 1% of all shares in the Company.

    The authorization is valid until the conclusion of the next Annual General Meeting, in any case until no later than 30 June 2026.

    Helsinki, 18 March 2025

    WITHSECURE CORPORATION 
    Board of Directors

    Contact information:

    Tiina Sarhimaa
    Chief Legal Officer
    WithSecure Corporation

    Laura Viita
    VP, Controlling, Investor relations and Sustainability
    WithSecure Corporation
    +358 50 487 1044
    investor-relations@withsecure.com

    The MIL Network

  • MIL-OSI: UPAY Inc. – AML GO invited to Crypto Assets Regulation & Compliance Conference

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, March 18, 2025 (GLOBE NEWSWIRE) — UPAY Inc. (“UPAY” or the “Company”) (OTCQB: UPYY) is delighted to announce UPAY Inc.’s (“UPAY” or the “Company”) (OTCQB: UPYY) South African subsidiary, AML GO (Pty) Ltd (“AML GO”), was invited as special guests to the prestigious Crypto Assets Regulation & Compliance Conference. The event took place on March 12 and 13, 2025, at the Indaba Hotel in Fourways, Johannesburg.​

    Organized by Trade Conferences International, the conference focused on regulatory governance, compliance, and risk within the crypto assets ecosystem. The conference brought together crypto asset and blockchain providers, financial intermediaries, transaction processors, trading platforms, payment and wallet providers, government representatives, and banks to engage in a collaborative learning process.

    As special guests, the AML GO team engaged in wide range of topics, including how digital assets are transforming financial markets, regulation and reporting frameworks, risks faced by banks, anti-money laundering (AML) measures, cross-border financial flows, compliance issues, and technology. AML Go’s participation highlighted its commitment to staying at the forefront of compliance advancements and assisting financial institutions to navigate the complexities of digital asset regulation.​

    UPAY Inc. recognizes the significant role AML GO plays in fostering compliance excellence and remains committed to supporting industry-wide initiatives that drive financial security and regulatory best practices. The Company looks forward to continuing its engagement with the crypto assets community and strengthening its contributions to the financial services sector.​

    About AML GO

    AML GO (Pty) Ltd is a leading provider of advanced AML screening and compliance solutions, dedicated to helping financial institutions and businesses mitigate risk and adhere to stringent regulatory requirements. Specializing in anti-money laundering (AML) compliance, credit vetting, and risk management tools, AML GO delivers cutting-edge solutions that enhance operational integrity and ensure compliance with evolving financial regulations. As a subsidiary of UPAY Inc., AML GO continues to innovate and drive excellence in the financial services sector.​ For more information, visit www.amlgo.co.za

    About UPAY

    UPAY is a US publicly traded holding company at the forefront of the fintech industry. By investing in innovative technologies, UPAY delivers comprehensive Financial Software Platforms that offer full system automation, intelligent data solutions, and an enhanced user experience. The Company is dedicated to bridging the gap between clients and consumers in an evolving financial ecosystem, ensuring high engagement and lasting impact. For more information, visit www.upaytechnology.com and connect with us on LinkedIn and Facebook.​

    Forward-Looking Statements

    This press release contains “forward-looking statements” as defined under applicable securities laws. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update or revise forward-looking statements because of new information, future events, or other circumstances. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

    Contact Information

    UPAY INC.​

    Media Relations​: info@upaytechnology.com

    The MIL Network

  • MIL-OSI: Basis Climate facilitates transfer of multiple solar and wind Production Tax Credits (PTCs) for ACCIONA Energía

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Basis Climate, a leading facilitator of clean energy tax credit transfers, announces the successful transfer of Production Tax Credits (PTCs) across three transactions on behalf of ACCIONA Energía, a subsidiary of ACCIONA, a global leader in the development and management of infrastructure, water, services, and renewable energies.

    The transferred credits were generated by ACCIONA Energía’s Fort Bend, Red-Tailed Hawk, Green Pastures I, and Green Pastures II facilities located in Texas. Fort Bend is a 240MWac solar project, while the larger Red-Tailed Hawk is a 350MWac solar farm. Green Pastures I and Green Pastures II, two wind farms with combined capacity of 300MWac, were acquired by ACCIONA in November 2024. These four projects, alongside three wind farms in Cameron County, and the Cunningham Battery Storage System located in Hunt County, Texas represent the company’s commitment to continued renewable energy investments in the state.

    For the Fort Bend and Red-Tailed Hawk projects, ACCIONA Energía engaged Basis to find buyers for the PTCs associated with its Class B interest in each project, outside of an existing tax equity partnership. Additionally, ACCIONA Energía was able to efficiently monetize the Production Tax Credits from Green Pastures I & II wind projects following their acquisition.

    Basis Climate’s CEO Erik Underwood noted “the era of tax credit transferability means many new forms of selling credits are now possible. We look forward to supporting more developers as they evaluate this type of tax credit sale in the future.”

    About Basis Climate
    Basis Climate is a leading facilitator of clean energy tax credit transfers, providing a seamless and efficient platform for businesses and individuals to monetize their tax credits generated from renewable energy projects. The company’s mission is to unlock the full potential of clean energy tax credits by connecting credit generators with motivated buyers, ultimately accelerating the transition to a clean and sustainable future.

    Press/Media Contact

    Erik Underwood
    erik@buildwithbasis.com

    The MIL Network

  • MIL-OSI: Extensiv Appoints Carey Ballard as New Chief Marketing Officer

    Source: GlobeNewswire (MIL-OSI)

    EL SEGUNDO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Extensiv, a leading provider of omnichannel software solutions for warehouse, inventory, and order management, today announced the appointment of Carey Ballard as its new Chief Marketing Officer (CMO). Ballard brings two decades of marketing experience with a focus on messaging and brand strategy to the role.

    Throughout her career, Ballard has held leadership positions at prominent organizations, including Lumin Digital and Arizona State University. She successfully developed and executed comprehensive marketing strategies at these institutions that enhanced brand recognition and drove revenue growth. Her experience and expertise span various industries, including technology and software development, where she has consistently demonstrated a keen ability to align marketing and brand initiatives with business objectives.

    In her new role at Extensiv, Ballard will be responsible for leading the company’s overall marketing strategy, including brand building, demand generation, product marketing, and communications. She will work closely with the sales, product, and customer success teams to strengthen Extensiv’s market position and drive continued growth.

    “I am thrilled to join Extensiv at this exciting time in the company’s growth,” said Carey Ballard. “Extensiv is a leader in the omnichannel fulfillment space, and I see tremendous potential to further elevate the brand and communicate the value of its solutions to a wider audience. I look forward to working with the team to develop and execute innovative marketing strategies to drive business growth and solidify Extensiv’s position as the partner of choice for businesses looking to optimize their warehouse, inventory, and order management.”

    “We are thrilled to welcome Carey to our team,” said Aaron Stead, CEO of Extensiv. “Her experience as a business owner and marketer, coupled with her proven track record of success in technology and software, makes her the right person to lead us forward. Carey’s strategic vision and understanding of Extensiv’s leadership position in the market will be invaluable as we continue to expand our reach and deliver best-in-class solutions to our customers. We are confident she will play a key role in driving Extensiv’s continued profitable growth.”

    About Extensiv 

    Extensiv, formerly 3PL Central, is a visionary technology leader focused on creating the future of omnichannel fulfillment. We partner with warehouse professionals and entrepreneurial brands to transform their fulfillment operations in the radically changing world of commerce and consumer expectations. Through our unrivaled network of more than 1,500 connected 3PLs and a suite of integrated, cloud-native warehouse management (WMS), order management (OMS), inventory management (IMS), and integration management software, we enable modern merchants and brands to fulfill demand anywhere with superior flexibility and scale without painful platform migrations as they grow. More than 25,000 logistics professionals and thousands of brands trust Extensiv every day to drive commerce at the pace modern consumers expect. Learn more at www.extensiv.com

    Media Contact
    Jill Hillen
    jhillen@extensiv.com

    The MIL Network

  • MIL-OSI: AssetMark Launches New Program to Help Bridge Succession Planning Gap for Financial Advisors

    Source: GlobeNewswire (MIL-OSI)

    CONCORD, Calif., March 18, 2025 (GLOBE NEWSWIRE) — AssetMark, a leading provider of wealth management and technology solutions for financial advisors, today announced the launch of a new program for advisors, Ascent. The program is aimed at helping advisors face the challenges of succession planning by providing education and guidance throughout the entirety of their career.

    Succession planning has become an increasingly urgent issue for financial advisors as a growing number of them approach retirement, while fewer new entrants are joining the industry. According to data from Cerulli, 72% of new advisors leave the profession shortly after entering, raising concerns about the sustainability of financial advisory practices. The demographic shift within the advisor population is particularly striking, with an estimated 110,000 advisors expected to retire in the next decade. In stark contrast, only 9% of advisors are under the age of 35, while 45% are 55 or older.

    In response to this challenge, AssetMark developed Ascent to support advisors at various stages of their careers. The program offers tailored training and resources designed to help them plan for succession and ensure the continuity of their businesses. The Ascent program features a range of training mediums, mentorship opportunities, and events, structured across three key stages:

    • Embark for Future Advisors: A six-month program for advisors who are new to the industry.
    • Advance for Successor Advisors: A year-long program for next-gen advisor leaders and successors.
    • Summit for Established Advisors: A four-month program for advisors who own their practice and those approaching exit.

    “AssetMark works with thousands of financial advisors who bring up succession planning time and time again as an area where they need greater support,” said Matt Matrisian, Head of Client Growth at AssetMark. “This is why we developed Ascent – to help advisors start their careers with succession planning in mind while providing guidance to more experienced advisors ready to exit their practice, ensuring a smooth process through the entire lifecycle.”

    The program’s structure makes it possible for advisors to make succession decisions that not only assure the continuity of their business but also align with their personal goals and retirement plans. The program’s training provides advisors with a variety of skills – from allowing future advisors to learn about client experiences, to coaching seasoned advisors through overcoming emotions often tied to letting go of their practice.

    “The launch of Ascent is AssetMark’s latest step in our mission to continuously enhance and grow the capabilities that we provide to today’s financial advisors,” said Michael Kim, CEO of AssetMark. “The job of an advisor continues to evolve, so naturally, their expectations of a service partner platform do too. I’m proud of how the AssetMark team continues to meet these expectations in areas that are most important and challenging to advisors, such as succession planning.”

    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 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: Overland AI Launches SPARK to Deliver Instant Vehicle Autonomy to Military Fleets

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, March 18, 2025 (GLOBE NEWSWIRE) — Overland AI today unveiled SPARK, a comprehensive autonomy upfit that transforms any ground vehicle into a fully autonomous platform by integrating the company’s advanced OverDrive software stack with existing vehicle hardware. Designed for rapid deployment across existing military fleets, SPARK provides an immediate path to autonomy without the extended procurement timelines typically associated with new autonomous systems.

    “By integrating SPARK, the DOD and other government departments can transform their existing fleets into autonomous ground vehicles, rapidly and at scale,” said Byron Boots, co-founder and chief executive officer of Overland AI. “This immediate capability provides tactical advantages in a military theater that is changing minute over minute.”

    SPARK runs Overland’s OverDrive technology on an ultra-compact compute module that fits in most vehicles. Its perception system uses LiDAR and stereo cameras to see through darkness, dust, and storms, while tracking movement via integrated GPS, IMU, and speed encoders. The system’s modular, drive-by-wire design allows for rapid installation with minimal modifications to the host vehicle, preserving manual control capabilities when needed.

    Overland AI’s SPARK integrates complex infrastructure, including perception sensors, compute, comms, and drive-by-wire, to rapidly upfit ground vehicles with advanced autonomy powered by OverDrive, the company’s autonomy stack.

    Additionally, the modern battlefield demands vehicles that can operate in degraded environments where GPS may be denied and communication compromised. SPARK’s communications system maintains connectivity via Starlink, tactical mesh, LTE, and WiFi when possible, ensuring mission continuity even in the harshest conditions.

    “Autonomous vehicles are force multipliers that allow a single operator to control multiple vehicles, all while out of harm’s way. Our troops deserve access to this technology in a matter of days, not years,” said Greg Okopal, chief operating officer of Overland AI.

    To learn more about SPARK and see open roles, visit Overland AI’s website.

    About Overland AI

    Founded in 2022 and headquartered in Seattle, Washington, Overland AI is powering ground operations for modern defense. The company leverages over a decade of advanced research in robotics and machine learning, as well as a field-test forward ethos, to deliver advanced autonomy for unit commanders. Hazardous missions in austere and electronically denied environments demand that this technology is reliable and resilient. Overland AI’s SPARK autonomy upfit and OverDrive stack enable ground vehicles to navigate off-road without GPS or direct operator control, while its OverWatch C2 provides commanders with precisely coordinated capabilities that are vital for complex missions to succeed. Overland AI is developing these capabilities and putting them into the hands of tactical operators today.

    Media Contact

    Cameron Langford

    cameron@1stprinciples.io

    First Principles Communications

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ae03361-7811-41dc-ba7d-dcb4f9cfd739

    The MIL Network

  • MIL-OSI: Bitget Hosts First-Ever Ramadan Iftar Night in Dubai for MENA Community, Raising Funds for 100,000 Meals

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, hosted a Ramadan Iftar night, gathering blockchain pioneers, crypto investors, and industry experts for an evening of networking, collaboration, and reflection. The event highlighted the spirit of Ramadan while aligning with Bitget’s broader initiative to donate 100,000 meals to vulnerable communities. The event is co-hosted with Cypher Capital and IO.net.

    The Iftar night provided a platform for meaningful dialogue among attendees, who broke their fast together in a warm, inclusive atmosphere. Discussions centered on blockchain innovation, market trends, and opportunities for collective growth, showing the blockchain industry’s potential to drive social impact.

    Bitget initially pledged 10,000 meals, and extended donation matches to all donations, a dollar for a dollar to double the efforts of the community. With the generous support, the gathering reflected the essence of Ramadan, emphasizing compassion, reflection, and collective growth. Guests enjoyed a traditional Iftar meal while exploring collaborative opportunities and discussing the future of blockchain technology. By fostering connections among blockchain enthusiasts, Bitget aimed to highlight the importance of community-driven initiatives in advancing innovation and inclusivity within the crypto ecosystem.

    The Iftar night event aligns with Bitget’s 100,000-meal donation initiative. Attendees contributed through donations, with Bitget matching each dollar raised.

    “Ramadan is a time for reflection, gratitude, and giving back. By bringing together leaders, investors and experts from the blockchain space and supporting those in need through our meal donation program, we aim to embody the values of compassion and unity,” said Vugar Usi Zade, COO of Bitget. “We’re committed to doing our part, and we’ll keep pushing to help as many people as we can—not just during Ramadan, but every chance we get.”

    The 100,000-meal initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month. To achieve the fundraising target, Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners. Exclusive auctions featuring memorabilia from partnerships with La Liga also go towards the fundraiser.

    Bitget’s Ramadan Iftar Night celebrated cultural traditions and promoted popularization of technology and humanitarian efforts. In a total so far, Bitget has raised 42604 meals aiming to surpass 100,000 anticipating auction results and events upcoming in Jakarta and Malaysia. The blockchain industry continues to evolve, Bitget remains steadfast in its pledge to empower communities, drive innovation, and create lasting positive impact.

    Media partners: Bitcoinist | Blockchain Reporter | Bitcoin.com | Coinedition | Coingape | Crypto news | Crypto Daily | Cryptopolitan | Cryptorank | Mpost | NewsBTC | UAE news 247

    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, please 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 our Terms of Use.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f05ecca2-3fbe-45f9-8477-2fc955aa7d3d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/05b3adea-092e-4ffa-92ca-0ebf42710bef

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7c2ba72c-9d67-43ed-ab12-6ee7aa378aaf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/63374c99-9629-4953-b319-86f8ef988469

    The MIL Network

  • MIL-OSI: Nerdio Secures $500 Million in Series C Investment from General Atlantic at $1 Billion+ Valuation

    Source: GlobeNewswire (MIL-OSI)

    Chicago, March 18, 2025 (GLOBE NEWSWIRE) — Nerdio, the automated End-User Computing (EUC) platform transforming how organizations deploy and manage Microsoft cloud technologies, today announced it has signed a definitive agreement for a $500 million minority investment from General Atlantic, a leading global growth investor, with participation from Lead Edge Capital and StepStone. Upon closing, the investment will quadruple Nerdio’s valuation in just two years to $1 billion+.

    Companies waste millions trying to manage complex cloud environments, relying on highly-skilled IT talent and outdated tools. This challenge has become increasingly critical as flexible work models become the norm and end-user computing requires increasing sophistication. Industry analysts project the Desktop-as-a-Service market will exceed $60 billion by 2037, growing by 18% annually, as organizations worldwide seek more efficient ways to deliver secure, high-performance digital workspaces to their employees.

    Nerdio solves this problem with a platform that simplifies Microsoft cloud management, automating both routine and complex processes while making the most of existing resources and enabling cost savings. The platform allows organizations to deliver better digital workspace experiences for employees while eliminating the complexity typically associated with cloud infrastructure—all without requiring specialized technical expertise.

    The Nerdio platform serves more than 5 million users across 15,000 customers in over 50 countries, including Chevron, Impact Networking, Kraft Heinz, ASDA, Carnival Cruise Line, Willis Towers Watson, and Penn State University.

    Nerdio’s record over the past year included:

    • Scaling profitably at over 85% year-over-year ARR growth
    • Being awarded 2024 Microsoft Americas Partner of the Year
    • Influencing more than $350 million of Microsoft revenue
    • Launching 20 product releases, including new Microsoft 365 management capabilities for Nerdio Manager for MSP, broad endpoint management and application delivery enhancements, and AI infused into all products
    • Expanding its global presence with new offices in the EMEA and APAC regions

    “The workplace has fundamentally changed, with remote and hybrid models becoming standard for organizations of all sizes,” said Vadim Vladimirskiy, Co-Founder and CEO of Nerdio. “Most companies struggle with the technical complexities and costs of supporting this transformation. Nerdio’s platform turns what would be months of engineering work into automated processes that any IT team can manage. We are pleased to partner with General Atlantic on the next stage of our growth journey and believe this investment will accelerate our mission to make cloud management simple and cost-effective for every organization, regardless of their technical resources.”

    “Switching from traditional virtual desktop infrastructures to Nerdio has truly been transformative for Teleperformance,” said Garion Bown, Global Vice President of Virtualization Technologies at Teleperformance. “The challenge with traditional VDI is that you still have that legacy mindset with infrastructure. With the capabilities of the cloud, you now have the ability to essentially manage your entire infrastructure, and that’s what drove me to Nerdio. The ability to no matter where I was in the world, have a central management plane for my organization.”

    The new funding will help drive innovation and growth across several strategic areas:

    • Accelerating product innovation for the End-User Computing (EUC) market and Managed Service Providers (MSPs), including enhanced Windows 365, Azure Virtual Desktop, and Microsoft 365 management solutions to simplify IT operations and boost efficiency
    • Expanding Nerdio’s global presence to serve growing international demand
    • Augmenting its engineering and customer success teams to support rapid customer growth

    “Nerdio is enabling the transition of virtualization to the cloud and is delivering immediate and measurable value to organizations struggling with cloud complexity,” said Aaron Goldman, Managing Director and Head of Enterprise Technology at General Atlantic. “The team’s ability to combine technical innovation with ease of use has resulted in remarkable customer loyalty and growth.”

    Asher Hecht, Principal at General Atlantic, added, “We’re excited to support Nerdio’s vision of making advanced cloud workspace technology accessible to all organizations.”

    As part of the investment, General Atlantic will take two seats on Nerdio’s board, with Aaron Goldman and Asher Hecht representing the firm. J.P. Morgan served as exclusive financial advisor to Nerdio. With no debt, ongoing profitability, and a growing global footprint, Nerdio is well-positioned to scale while continuing to prioritize its mission—making cloud management accessible, cost-effective, and effortless for organizations of all sizes and managed service providers.

    Nerdio is hiring across all departments. For more information, visit: https://getnerdio.com/careers-nerdio/

    The MIL Network

  • MIL-OSI: RegEd Expands AI Capabilities with Launch of New AI-Powered Media Transcription for Advertising Compliance Review

    Source: GlobeNewswire (MIL-OSI)

    Raleigh, NC, March 18, 2025 (GLOBE NEWSWIRE) — RegEd, the leading provider of compliance solutions for financial services firms, today announced the launch of media transcription capabilities within its AI-powered advertising review solution. This new feature enables firms to seamlessly review multimedia content—such as videos, webinars, and podcasts—by automatically transcribing audio and video files and applying AI-enabled compliance analysis as part of a seamless, fully integrated workflow. 

    As firms increasingly leverage digital media to engage clients, regulatory expectations for compliance oversight remain stringent and continue to evolve. This latest innovation ensures that advertising review teams, as well as content submitters can quickly and efficiently assess all forms of marketing content, reducing manual effort while improving accuracy and consistency. 

    Transforming Compliance Oversight with AI-Powered Transcription 

    The new transcription capability automates the conversion of video files into text, enabling compliance teams to analyze content in the same way they would a written document. Once transcribed, the AI-driven review process scans for potential compliance risks, including: 

    • Problematic language detection – Identifying misleading claims, exaggerated or promissory statements, or other regulatory violations. 
    • Required disclosures – Ensuring that necessary disclaimers and suitability language are present. 
    • Brand and policy alignment – Verifying adherence to firm-approved messaging per company policy and regulatory expectations. 

    With this enhancement, compliance teams can eliminate time-consuming manual video reviews, accelerate approval timelines, and maintain consistency across all media formats. 

    Industry-Leading Innovation 

    “As firms expand their use of digital media, compliance teams are challenged with reviewing an increasing volume of video and audio content,” said Ethan Floyd, Chief Product Officer at RegEd. “With our AI-powered media transcription, firms can now analyze multimedia content as efficiently as written materials, reducing manual effort while ensuring full regulatory compliance. This is a game-changer for advertising compliance teams striving to keep pace with evolving marketing trends.” 

    Enhancing Efficiency in Advertising Review 

    AI-powered media transcription provides financial firms with an end-to-end compliance workflow that: 

    • Reduces review time by eliminating the need for manual transcription and video playback. 
    • Improves compliance accuracy with automated risk detection across all content formats. 
    • Enables scalability by allowing teams to process higher volumes of marketing materials with greater efficiency. 

    RegEd’s AI-powered media transcription capability is now available to clients. To learn more or schedule a demo, visit www.reged.com.  

    About RegEd 

    RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 200 enterprise clients, including 80% of the top 25 financial services firms. 

    Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk. 

    Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients. For more information, please visit www.reged.com

    The MIL Network

  • MIL-OSI: The recording of Šiaulių Bankas Investor Conference Webinar on Rebranding

    Source: GlobeNewswire (MIL-OSI)

    During the Investor Conference Webinar Vytautas Sinius, CEO and Raimonda Gudaitė, CMO introduced new Bank’s brand and answered questions of participant afterwards.

    The recording of it can be found on Šiaulių Bankas YouTube channel here.

    Presentation and the recording of webinar are also posted on the Bank’s website https://www.sb.lt/en/investors

    Šiaulių bankas thanks all participants.

    If you would like to receive Šiaulių Bankas news for investors directly to your inbox, subscribe to our newsletter.

    Additional information:

    Tomas Varenbergas

    Head of Investment Management Division

    tomas.varenbergas@sb.lt

    The MIL Network

  • MIL-OSI: KIS Bridging Loans announces new research on “The Trump Effect”

    Source: GlobeNewswire (MIL-OSI)

    London, UK , March 18, 2025 (GLOBE NEWSWIRE) — With the 2024 US presidential election looming, the global financial landscape is bracing for potential volatility. In a newly published article, KIS Bridging Loans explores the implications of ‘The Trump Effect’ on the UK’s economy, interest rates, and investment trends. Read the full analysis here.

    Worldwide Rare Earth Deposits

    The article delves into how market fluctuations, investor sentiment, and trade policies influenced by a possible second Trump administration could affect UK businesses and borrowers. Historically, political shifts in the United States have had a ripple effect on global financial markets, and the UK is no exception.

    “Uncertainty breeds caution in the financial sector, and we’re already seeing a shift in lending patterns,” said [Spokesperson Name], a financial expert at KIS Bridging Loans. “Investors and borrowers alike are closely watching the US election, as the outcome could have significant consequences for interest rates and economic stability in the UK.”

    The in-depth analysis covers key factors such as:

    • The potential impact of Trump’s economic policies on UK trade and investment
    • Fluctuations in the stock market and how they influence UK lending conditions
    • What property investors and homebuyers should anticipate in a changing economic climate

    As financial institutions navigate these uncertain times, KIS Bridging Loans remains committed to providing insights and flexible financing solutions to help borrowers stay ahead of market shifts.

    To read the full article and stay informed on how political developments may shape the UK economy, visit https://www.kisbridgingloans.co.uk/finance-news/the-Trump-effect/.

    The MIL Network

  • MIL-OSI: Sandoz signs landmark supply and manufacturing agreement

    Source: GlobeNewswire (MIL-OSI)

    • Sandoz signs 10-year agreement with partner Delpharm, a global pharmaceutical developer and contract manufacturer
    • Agreement will secure a reliable supply of affordable, quality sterile injectables made in Canada
    • With this decision, Sandoz solidifies its position as the #1 supplier of sterile injectables to Canadian hospitals

    BOUCHERVILLE, Quebec, March 18, 2025 (GLOBE NEWSWIRE) — Sandoz Canada, the leader in generic and biosimilar medicines in Canada, has signed a 10-year, long-term supply agreement with its partner Delpharm, a global pharmaceutical developer and contract manufacturer. This partnership, along with financial backing from the Government of Canada, will allow Delpharm to carry out its modernization plan for its Boucherville plant.

    Michel Robidoux, President and General Manager of Sandoz Canada, said: “Almost every minor or major surgery in the country is performed with at least one Sandoz medicine that is manufactured in Boucherville. This is how we are continuing our Purpose of pioneering access for Canadian patients.”

    After Delpharm bought the Boucherville plant in 2022, Sandoz signed an exclusive partnership with the company to maintain its supply of sterile injectables for Canadian hospitals.

    The Boucherville plant is considered to be essential to the Canadian hospital network as it produces an essential range of molecules used in various surgical procedures and intensive care units. In addition, the site is responsible for producing 20 of Canada’s top 100 molecules, and has the country’s largest manufacturing capacity for injectable narcotics.

    The project mainly involves renewing and refurbishing production equipment and the laboratory to create a state-of-the-art plant. Over the next few years, the plan will be carried out in several phases so as not to compromise supply. This modernization will not only ensure continuity in meeting the highest quality standards, but also maintain cutting-edge local production of sterile injectables commercialized by Sandoz Canada.

    Disclaimer
    This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

    About Sandoz Canada
    As a Canadian leader in off-patent medicines, Sandoz Canada has a product portfolio that includes over 700 generics and biosimilars spanning multiple therapeutic areas, such as anti-infective, cardiovascular, central nervous system, immunology and oncology. In 2024, 56 million Sandoz prescriptions were issued in Canada (source: IQVIA Compuscript TRx). Sandoz Canada employs 300 people across the country and at its head office in Boucherville, Quebec. It is a trusted partner for pharmacists, physicians and hospitals for quality medicine and outstanding customer service and is committed to ensuring a reliable supply. For more information about Sandoz Canada, visit www.sandoz.ca.

    About Sandoz AG
    Sandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: Pioneering access for patients. 20,000 people of more than 100 nationalities work together to bring Sandoz medicines to some 800 million patients worldwide, generating substantial global healthcare savings and an even larger social impact. Its leading portfolio of more than 1,500 products addresses diseases from common colds to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to the year 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the world’s first biosimilar in 2006. In 2022, Sandoz sales achieved USD 9.6 billion.

    Media relations contact    
    Sophie Levasseur
    Manager, Corporate Communications
    sophie-1.levasseur@sandoz.com
    (+1) 263-788-3835
       
    Follow Sandoz on social media  
    LinkedIn https://www.linkedin.com/company/sandozcanada

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46860583-a539-4025-a530-29a72250b652

    The MIL Network

  • MIL-OSI: New Vulnerability in GitHub Copilot and Cursor: How Hackers Can Weaponize Code Agents Through Compromised Rule Files

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) — Pillar Security, a pioneering company in AI security, discovered a significant vulnerability affecting GitHub Copilot and Cursor – the world’s leading AI-powered code editors.

    This new attack vector, dubbed the “Rule Files Backdoor,” allows attackers to covertly manipulate these trusted AI platforms into generating malicious code that appears legitimate to developers.

    This newly discovered attack vector exploits hidden configuration mechanisms within these tools, enabling attackers to inject malicious code suggestions that blend seamlessly into legitimate AI-generated recommendations and bypass human scrutiny and conventional security checks.

    Unlike traditional code injection attacks that target specific vulnerabilities, “Rule Files Backdoor” represents a significant risk by weaponizing the AI itself as an attack vector, effectively turning the developer’s most trusted assistant into an unwitting accomplice.

    “This new attack vector demonstrates that rule files can instruct AI assistants to subtly modify generated code in ways that introduce security vulnerabilities while appearing completely legitimate to developers,” said Ziv Karliner, CTO & Co-Founder of Pillar Security. “Developers have no reason to suspect their AI assistant is compromised, as the malicious code blends seamlessly with legitimate suggestions. This represents a fundamental shift in how we must think about supply chain security.”

    Key Findings and Implications:

    • Widespread Industry Exposure: The vulnerability affects Cursor and GitHub Copilot, which collectively serve millions of developers and are integrated into countless enterprise development workflows worldwide.
    • Minimal Attack Requirements: Execution requires no special privileges, administrative access, or sophisticated tools–attackers need only manipulate configuration files within targeted repositories.
    • Undetectable Infiltration: Malicious code suggestions blend seamlessly with legitimate AI-generated code, bypassing both manual code reviews and automated security scanning tools.
    • Data Exfiltration Capabilities: Well-crafted malicious rules can direct AI tools to add code that leaks sensitive information while appearing legitimate, including environment variables, database credentials, API keys, and user data–all under the guise of “following best practices.”
    • Long-Term Persistence & Supply Chain Risk: Once a compromised rule file is incorporated into a project repository, it affects all future code generation, with poisoned rules often surviving project forking, creating vectors for supply chain attacks that affect downstream dependencies.

    Who is Affected?
    A 2024 GitHub survey found that nearly all enterprise developers (97%) are using Generative AI coding tools. According to Pillar, because these rule files are shared and reused across multiple projects, one compromised file can lead to widespread vulnerabilities. The research identified several propagation vectors:

    1. Developer Forums and Communities: Malicious actors sharing “helpful” rule files that unwitting developers incorporate
    2. Open-Source Contributions: Pull requests to popular repositories that include poisoned rule files
    3. Project Templates: Starter kits containing poisoned rules that spread to new projects
    4. Corporate Knowledge Bases: Internal rule repositories that, once compromised, affect all company projects

    Mitigation

    To mitigate this risk, we recommend the following technical countermeasures:

    1. Audit Existing Rules: Review all rule files in your repositories for potential malicious instructions, focusing on invisible Unicode characters and unusual formatting
    2. Implement Validation Processes: Establish review procedures specifically for AI configuration files, treating them with the same scrutiny as executable code
    3. Deploy Detection Tools: Implement tools that can identify suspicious patterns in rule files and monitor AI-generated code for indicators of compromise
    4. Review AI-Generated Code: Pay special attention to unexpected additions like external resource references, unusual imports, or complex expressions

    Following responsible disclosure practices, Pillar alerted both Cursor (February 26) and GitHub (March 12), who responded that users bear responsibility for reviewing AI-generated code suggestions.

    “Given the growing reliance on AI coding assistants within development workflows, we believe it’s essential to raise public awareness about potential security implications. We have reached an era where AI coding assistants must be regarded as critical infrastructure,” said Karliner.

    Link to the full report: www.pillar.security/blog/new-vulnerability-in-github-copilot-and-cursor-how-hackers-can-weaponize-code-agents

    About Pillar Security

    Pillar is a unified, end-to-end AI security platform that accelerates AI initiatives by establishing robust security foundations across the entire AI lifecycle. By embedding security from development through runtime, Pillar enables organizations to ship AI-powered applications and agents with confidence while managing critical business risks.

    The platform’s comprehensive capabilities—including AI fingerprinting, asset inventory, and deep integration with development and data platforms—create a secure foundation that prevents data breaches and ensures compliance. Through tailored adversarial AI testing and adaptive guardrails aligned with industry standards, Pillar removes security bottlenecks, allowing teams to innovate and deploy AI faster without compromising on security.

    The MIL Network

  • MIL-OSI: Growers Edge, Compeer Financial, and Evergreen Bank Group Partner to Deliver Rapid Input Financing Offering

    Source: GlobeNewswire (MIL-OSI)

    JOHNSTON, Iowa, March 18, 2025 (GLOBE NEWSWIRE) — Growers Edge, a technology firm that provides modern financial products and data-driven tools for agricultural retailers, manufacturers and lenders, today announced a new partnership with Evergreen Bank Group and Compeer Financial.

    Faced with low profit margins and high interest rates, agricultural retailers and manufacturers have embraced in-house input financing programs to increase wallet share and better serve their grower customers. In-house input financing helps retailers and manufacturers retain sales opportunities and valuable data, unlike other lines of credit (like local operating loans), which can be used elsewhere.

    Together, Compeer Financial, Evergreen Bank Group and Growers Edge provide funding liquidity and a partner branded SaaS platform that simplifies the application, credit decisioning, and loan management process. By empowering agricultural retailers and manufacturers to provide growers with instant financing decisions at competitive rates, the partnership helps growers manage risk and defer payment on new, innovative crop inputs.

    “Given the current state of the ag economy, input financing is a powerful sales tool,” said Andy Flores, Business Development Director at Growers Edge. “Our customer agronomists report that financing conversations are often initiated by growers. They’re willing to try new inputs, but they need their retailer partners to help mitigate the risk.”

    Aligned in their missions of supporting rural communities, Compeer Financial, Evergreen Bank Group and Growers Edge will also partner in the development of other financial products and new digital tools that help growers maximize output, achieve peace of mind and secure their economic futures.

    “This partnership brings financing options to farmers when and where they need it,” said Kelly Miller, Director of AgTech at Compeer Financial. “Growers Edge and Evergreen Bank Group understand the importance of making it easier for clients to do business in their local communities and Compeer Financial is proud to provide a cutting-edge option to do just that.”

    The landmark partnership follows a series of major achievements for Growers Edge. In addition to serving four of the top ten largest retailers in the country with the Crop Plan Warranty, Growers Edge has partnered with organizations like Nutrien, PepsiCo, Mondelez and Helena Agri-Enterprises to boost sustainable agriculture practices.

    In 2024, Growers Edge acquired AQUAOSO Technologies, which offers its services under the Agcor brand and provides mapping, data, and analytics software for agricultural lenders, and expanded its farmland valuation tool to cover more than 144 million acres of land across nine states. Earlier this year, Growers Edge announced it protected over 1 million acres of American farmland from downside risk through its crop plan warranty program.

    To request an input financing platform demo from Growers Edge and request a term sheet, go demo at Growers Edge.

    About Growers Edge

    Growers Edge provides modern financial products and data-driven tools that help forward-thinking agriculture retailers, manufacturers, and lenders reduce their growers’ risks and costs when adopting newer innovative solutions and practices. The company’s crop plan warranties and input financing solutions are trusted by dozens of retailers and manufacturers to assist hundreds of growers affordably purchase their products and guarantee yields on over one million acres of cropland.

    About Compeer Financial

    Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities. The $33.1 billion organization provides loans, leases, risk management and other financial services throughout 144 counties in Illinois, Minnesota and Wisconsin. Based in the Upper Midwest, Compeer Financial exists to champion the hopes and dreams of rural America, while providing personalized service and expertise to clients and the agriculture industry.

    About Evergreen Bank Group

    Founded in 2007 and headquartered in Oak Brook, IL, Evergreen Bank Group is a leading tech-savvy community bank serving the greater Chicago area and beyond. In addition to its retail and commercial banking services, Evergreen is a national leader in niche lending markets, including collector car, powersports, and manufactured housing loans. With a focus on delivering exceptional customer experiences through innovative digital platforms, Evergreen is redefining community banking for the modern era.

    Media Contact
    Sergut Dejene
    sergut@propllr.com

    The MIL Network

  • MIL-OSI: LockerMap Expands with Fleet Pricing and Mobile Apps to Help Truck Drivers Receive Personal Packages on the Road

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX, March 18, 2025 (GLOBE NEWSWIRE) — LockerMap, the leading package pickup locator, has announced new fleet pricing and mobile apps designed to help truck drivers easily receive their personal online orders while on the road. LockerMap aggregates publicly accessible, secure package lockers, helping truck drivers and travelers find a convenient pickup location for their personal packages. With thousands of retail lockers and other pickup locations mapped, LockerMap is now offering fleet subscriptions at just $20 per driver per year, making it an affordable perk for trucking companies to provide their drivers. Individual drivers can also subscribe to LockerMap Plus for access to premium features designed to make finding pickup locations even easier.

    “Truckers spend weeks or months on the road, and receiving personal packages isn’t as easy as it is for someone at home,” said Justin Capogna, founder of LockerMap. “Our new Fleet Pricing makes it simple for companies to give their drivers easy access to pickup locations nationwide, with zero management required. And for individual drivers, LockerMap Plus provides powerful tools to find the most convenient pickup spots along their routes.”

    Drivers Experiencing Real Benefits on the Road

    “As a professional driver, finding package lockers along my route was nearly impossible before LockerMap. This application has completely solved that challenge for me,” said Chris K., independent owner-operator.

    “LockerMap has allowed me to discover convenient pickup locations along my regular routes. It’s significantly improved my quality of life on the road,” said Shannon B., long-haul driver.

    Fleet Pricing: Hassle-Free for Companies, Game-Changing for Drivers

    LockerMap’s Fleet Pricing is designed to be a low-cost, zero-maintenance benefit for trucking companies. Every driver enrolled through a fleet subscription receives full access to LockerMap Plus, ensuring they can take advantage of premium features like truck stop filtering and route-based searching. Fleets receive a custom signup link for drivers to join, and there’s no need to manage seats or subscriptions, just a simple, flat-rate cost per driver with bulk discounts available.

    For truck drivers, LockerMap makes picking up personal packages significantly easier—reducing the frustration of rejected deliveries at truck stops, unnecessary detours, and wasted time searching for lockers.

    Learn more at lockermap.com/fleet-pricing.

    LockerMap Plus: Premium Features for Individual Drivers

    LockerMap is free to use, allowing anyone to browse and locate pickup locations. For truck drivers and frequent travelers who need more advanced features, LockerMap Plus provides:

    • Truck stop filtering – Find pickup locations at truck stops nationwide.
    • Route-based searching – Easily locate package pickup points along your planned route.
    • More detailed location info – Get precise details on locker types and operating hours.

    Drivers can upgrade to LockerMap Plus to access advanced search and filtering options, making it faster and easier to find the best pickup locations along their route.

    New iOS & Android Apps Make Finding Pickup Locations Even Easier

    LockerMap is available on web, iOS, and Android, ensuring drivers can access it anywhere. The new apps are available now in the App Store and Google Play and introduce truck stop filtering and route-based searching, helping drivers find the most convenient package pickup points without detouring off their route.

    With over 20,000 pickup locations in the U.S., including 650+ at truck stops, LockerMap is the first and only tool built specifically to help truckers, RVers, and frequent travelers access convenient package pickup locations.

    About LockerMap

    LockerMap helps people find package pickup locations with ease, offering a powerful search tool for Amazon lockers, package pickup solutions, and more. Whether you’re a trucker, RVer, traveler, or a shopper looking for a secure delivery option, LockerMap makes it easy to pick up packages safely and conveniently. Learn more at lockermap.com. 

    Press inquiries

    LockerMap
    https://lockermap.com
    Justin Capogna
    press@lockermap.com

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  • MIL-OSI: Anjuna Named to Fast Company’s 2025 Most Innovative Companies List

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Anjuna, a leader in Universal Confidential Computing and AI Data Fusion Clean Rooms, today announced its selection to Fast Company’s Most Innovative Companies of 2025. This recognition underscores Anjuna’s groundbreaking advancements in security and privacy, enabling enterprises to unlock new value from AI and data collaboration without compromising confidentiality.

    Fast Company’s annual Most Innovative Companies list celebrates organizations that are reshaping industries and redefining business. This is not Anjuna’s first recognition; the company was also named a winner in the Next Big Things in Tech Awards in the Security & Privacy category in 2023 for its Universal Confidential Computing Platform, Anjuna Seaglass.

    Anjuna’s latest honor comes amid significant company momentum. Earlier this year, Gartner recognized Anjuna as a Tech Innovator in Preemptive Cybersecurity for its role in safeguarding enterprises against emerging AI-driven threats. Additionally, Anjuna announced this month that it has secured major customers in the digital payments industry, including a Fortune 500 financial institution, all leveraging Anjuna’s technology to implement secure AI-driven processing, analytics, and collaboration in financial services.

    Innovation at the Core of Anjuna’s Mission

    At the heart of Anjuna’s innovation is Anjuna Northstar, the first AI Data Fusion Clean Room, which redefines secure AI-driven collaboration by enabling enterprises to fuse, analyze, and derive insights from multiple data sources without ever exposing it. First announced in December of 2024, Northstar offers an out-of-the-box, intrinsically secure environment, supporting industries from financial services to healthcare in unlocking AI-driven innovation.

    “Being named to Fast Company’s Most Innovative Companies list is an incredible honor that validates our mission to make security intrinsic, not an obstacle, to AI-driven collaboration,” said Ayal Yogev, CEO and co-founder of Anjuna. “This recognition highlights not only our cutting-edge technology but also the real-world impact we’re having—helping enterprises across industries securely unlock the value of their most sensitive data.”

    The full list of Fast Company’s Most Innovative Companies honorees can now be found at fastcompany.com. It will also be available on newsstands beginning March 25. To learn more about Anjuna, please visit anjuna.io

    Meet Anjuna at NVIDIA GTC 2025

    Anjuna’s recognition comes as the NVIDIA GTC conference is underway in San Jose CA, where the company is showcasing its latest innovations. Anjuna’s solutions integrate seamlessly with NVIDIA’s Confidential Computing-enabled Hopper and Blackwell architectures, empowering enterprises to run AI workloads with uncompromising security and privacy. Attendees are invited to visit booth #3311 to chat with Anjuna experts and see firsthand how Anjuna Northstar and Seaglass are enabling AI security and data collaboration.

    About Anjuna
    Anjuna unlocks secure, AI-driven innovation with two groundbreaking solutions. Anjuna Seaglass, the Universal Confidential Computing Platform, delivers ubiquitous data privacy and intrinsic cloud security. Anjuna Northstar, the AI Data Fusion Clean Room, builds on Seaglass to provide an out-of-the-box, private environment for limitless AI-driven data collaboration and value discovery. Anjuna works with enterprises around the globe, including financial services, government, healthcare and SaaS. Anjuna is backed by prominent investors, including Playground Global, Insight Partners, M Ventures, and SineWave Ventures.

    Media Contact:
    Mauricio Barra, VP of Marketing for Anjuna
    Email: mauricio.barra@anjuna.io

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9ac29037-1bfb-456f-84f8-33af76572a4e

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  • MIL-OSI: Karolinska Development’s portfolio company Umecrine Cognition provides update on ongoing Phase 1b/2a clinical study

    Source: GlobeNewswire (MIL-OSI)

    STOCKHOLM, SWEDEN – March 18, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company Umecrine Cognition has provided an update regarding the ongoing clinical phase 1b/2a trial evaluating the drug candidate golexanolone in PBC patients. Due to technical issues in the production of capsules used in the study, the clinical trial has been delayed. No patient safety concerns have been noted, and Umecrine Cognition is working intensively together with its supplier to resolve the issue.

    Umecrine Cognition is developing a new class of drugs to alleviate cognitive symptoms caused by liver disease. The company’s most advanced drug candidate, golexanolone, is currently being evaluated in a randomized, double-blind, placebo-controlled, clinical phase 1b/2a study in patients with primary biliary cholangitis (PBC) who experience clinically significant fatigue and cognitive symptoms.

    Karolinska Development’s ownership in Umecrine Cognition amounts to 73%.

    For further information, please contact:

    Viktor Drvota, CEO, Karolinska Development AB
    Phone: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com 

    Johan Dighed, General Counsel and Deputy CEO, Karolinska Development AB
    Phone: +46 70 207 48 26, e-mail: johan.dighed@karolinskadevelopment.com

    TO THE EDITORS

    About Karolinska Development AB

    Karolinska Development AB (Nasdaq Stockholm: KDEV) is a Nordic life sciences investment company. The company focuses on identifying breakthrough medical innovations in the Nordic region that are developed by entrepreneurs and leadership teams. The company invests in the creation and growth of companies that advance these assets into commercial products that are designed to make a difference to patient’s lives while providing an attractive return on investment to shareholders.

    Karolinska Development has access to world-class medical innovations at the Karolinska Institutet and other leading universities and research institutes in the Nordic region. The company aims to build companies around scientists who are leaders in their fields, supported by experienced management teams and advisers, and co-funded by specialist international investors, to provide the greatest chance of success.

    Karolinska Development has a portfolio of eleven companies targeting opportunities in innovative treatment for life-threatening or serious debilitating diseases.

    The company is led by an entrepreneurial team of investment professionals with a proven track record as company builders and with access to a strong global network.

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

    Attachment

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  • MIL-OSI: Mark Werner, CFA Joins Laffer Tengler Investments as Portfolio Manager

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz. and NASHVILLE, Tenn., March 18, 2025 (GLOBE NEWSWIRE) — Laffer Tengler Investments, Inc., a boutique investment management firm for high-net worth individuals, institutional clients and platform advisors is pleased to announce the addition of Mark Werner as Portfolio Manager and Strategy Team member of the Dividend Growth Strategy team. Werner brings with him over two decades of investment experience at asset and wealth management firms.  

    “Our dividend growth strategy is best in an important and unique strategy; we welcome Mark’s experience and market expertise,” says Nancy Tengler, CEO and CIO of Laffer Tengler Investments. “Adding Mark to our team will help expand our investment strategy offerings as well as add to the firms’ equity research efforts. His background offers the team additional expertise in portfolio management to benefit our valued clients.”  

    “Laffer Tengler’s proven model was immediately appealing,” says Werner. “I am excited to join the Laffer Tengler team to provide the firm’s clients with diversified and tailored investment strategies.”  

    Werner’s background includes building and developing asset allocation strategies, conducting in-depth fundamental equity research across global markets, and managing portfolios for both institutional and private clients. Throughout his career, he has held investment and portfolio management roles at firms such as Fred Alger Management, Merrill Lynch, Ashfield Capital Partners, and AXA Rosenberg Investment Management.  

    Werner holds a Bachelor of Science in Marketing from Arizona State University, a Master of Science in Financial Analysis and Investment Management from St. Mary’s College and is a CFA charter holder.  

    About Laffer Tengler Investments, Inc.  

    Laffer Tengler Investments, Inc., headquartered in Nashville, Tennessee, with national distribution and an office in Scottsdale, Arizona, is an asset management firm providing investment solutions to Institutional, Platform and high-net worth clients. The company is an investment advisor registered with the SEC, and it offers advisory services. Laffer Tengler Investments, Inc. is an affiliate of ButcherJoseph. Nancy Tengler, CEO and CIO, has been managing large cap value strategies for over 35 years. The investment team has an average of 20 years of experience in the investment management business.  

    Media Contact

    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network

  • MIL-OSI: Notice to annual general meeting in Agillic A/S

    Source: GlobeNewswire (MIL-OSI)

    Announcement no. 4 – 2025

    Copenhagen – 18 March 2025 – Agillic A/S

    Notice is hereby given to shareholders in Agillic A/S of the annual general meeting scheduled for 3 April 2025 at 14:30 (CET). 

    The general meeting is held at the company’s address at Masnedøgade 22, 2, DK-2100 Copenhagen.

    Enclosed please find notice and agenda for the annual general meeting. 

    For further information, please contact:
    Christian Samsø, CEO
    +45 24 88 24 24
    Christian.samsoe@agillic.com

    Certified Adviser
    HC Andersen Capital
    Pernille Friis Andersen

    About Agillic A/S
    Agillic (Nasdaq First North Growth Market Denmark: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit www.agillic.com.

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  • MIL-OSI: TopLine Financial Credit Union Advocates for Members in Washington D.C.

    Source: GlobeNewswire (MIL-OSI)

    MAPLE GROVE, Minn., March 18, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, visited Capitol Hill in Washington, D.C., March 2 to March 5, 2025, as part of the annual America’s Credit Unions Governmental Affairs Conference, the credit union industry’s largest advocacy event.

    During the conference, TopLine executives and officials, along with over 6,000 other credit union professionals, board members and Minnesota Credit Union Network (MnCUN) staff members, discussed several top credit union issues with key legislative staff members. The group met with U.S. Senators Amy Klobuchar and Tina Smith as well as members of the U.S. House and their staff. Meetings focused on expanding credit union’s opportunities to serve more Minnesotans, emphasizing the importance of preserving our not-for-profit financial cooperative tax status, fighting back on efforts to disrupt the interchange system, and maintaining an independent credit union regulator – all are very important to the health of the credit union industry.

    TopLine spent valuable face time meeting with lawmakers and sharing members’ stories on how TopLine provides safe and affordable financial services to help members with all of their financial needs, from buying cars and homes, saving for retirement and investing in small businesses. These conversations emphasized the importance of preserving the tax status of credit unions, which allows credit unions to continue to do what they do best: focus on serving members and communities instead of chasing profits. Credit unions advocates shared with lawmakers that any limitation or curtailment of the tax status would have a dramatic impact on the $950 million in direct financial benefits Minnesota credit unions provide their members and over $4 billion in economic output in the state.

    “The Governmental Affairs Conference united credit union champions from across the nation to discuss key policies, engage with legislators on Capitol Hill, and reinforce to lawmakers and regulators why credit unions are America’s best financial partner—prioritizing people over profits, strengthening communities, and enhancing financial well-being for all,” said Mick Olson, President and Chief Executive Officer at TopLine Financial Credit Union. “TopLine representatives had meaningful discussions with our state lawmakers, emphasizing the importance of preserving our not-for-profit financial cooperative tax status. This fundamental aspect of our structure enables us to build a stronger, healthier financial future for the consumers we serve.”

    America’s Credit Unions is the premier national trade association serving America’s credit unions. The not-for-profit trade group is governed by volunteer directors who are elected by their credit union peers. To learn more, visit www.americascreditunions.org.

    Minnesota Credit Union Network (MnCUN) is the statewide trade association that works to ensure the success, growth and vitality of Minnesota credit unions. For more information, visit www.mncun.org.

    TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com or www.ahcu.coop. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.

    CONTACT:
    Vicki Roscoe Erickson
    Senior Vice President and Chief Marketing Officer
    TopLine Financial Credit Union
    verickson@toplinecu.com | 763.391.0872

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46b657cc-d617-4f18-a6af-6e6d0a03cb26

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  • MIL-OSI: HUMAN Sightline Revolutionizes Bot Management with AI-Enhanced Insights to Detect, Isolate, and Track Attackers

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — HUMAN Security, Inc., a leading cybersecurity company committed to safeguarding every step of the customer’s online journey by defending against bots, fraud, and digital risk, announced today HUMAN Sightline, an innovative suite of capabilities that detects, isolates, and tracks individual bot profiles. HUMAN Sightline enables security teams to conduct faster investigations and optimize their response to evolving threats in the era of AI. This fundamentally transforms bot management by delivering never-before-seen insights into automated traffic.

    “The bot mitigation landscape is swiftly evolving with the proliferation of AI-generated threats, and the industry can no longer rely on last-gen methods to detect and investigate next-gen threats,” said Christos Kalantzis, CTO of HUMAN. “Bots are becoming more sophisticated, and organizations must respond with advanced detection techniques to protect their business and drive security optimization strategies at scale. With HUMAN Sightline, we are putting data-driven investigation tools straight into the hands of our customers and their security teams.”

    With HUMAN Sightline, customers can isolate individual attacker profiles and uncover what each one is doing in granular detail. HUMAN’s secondary detection engine analyzes all automated activity on an application and segments it into distinct profiles, going beyond simple anomaly detection or basic signature mapping. Using sophisticated data modeling, HUMAN Sightline identifies and tracks nuanced shifts in bot behavior as they occur. This enables security analysts to see the activity of individual bot profiles over time, as well as their sophistication, capabilities, and the specific factors that distinguish them from humans and other bots on the application.

    “The responsibility of security is making decisions, and HUMAN Sightline helps us make decisions,” said Omri Lotan, Site Reliability Engineer at Fiverr. “Of course, we want to block bots, but when a tool just blocks bots without explaining why, I still have to investigate it. HUMAN Sightline gives me all the details I need to understand what exactly a bot was doing and why it was blocked. I can zero in on specific threat behaviors and turn these learnings into targeted mitigation strategies.”

    HUMAN Sightline offers three key benefits that revolutionize bot management:

    1. Focus and accelerate investigations: Surfaces distinct bot activities, attack paths, and changing behaviors, such as bots targeting specific products or visiting select pages at a glance. Security teams can then uncover hidden patterns and zero in on key attacks, transforming their investigative capabilities.
    2. Translate attack data into a board-ready threat narrative: Allows teams to present business-level visualizations of bot behavior and show the effect of their actions over time. This empowers security teams to lead with data-backed authority, bridging the gap between deep technical analysis and business actions.
    3. Optimize your security strategy for your unique threats: This enables security teams to gain unprecedented clarity on each attacker’s actions and intent to define threat priorities. This real-time adaptability empowers security teams to proactively identify new threat patterns, respond faster, and stay agile against evolving risks.

    “HUMAN Sightline completely transforms how the industry thinks about bot management,” said Bryan Becker, Senior Director of Project Management at HUMAN. ”In an industry used to anomaly detection as the only way to measure bot attacks, HUMAN Sightline isolates each bot profile to give security practitioners unprecedented visibility into the behavior of specific threats on their application.”

    HUMAN Sightline insights will be available through a new set of dashboards in HUMAN’s Application Protection package. They will also be available in Account Takeover Defense and Scraping Defense at no additional cost.

    About HUMAN
    HUMAN is a leading cybersecurity company committed to protecting the integrity of the digital world. We ensure that every digital interaction, transaction, and connection is authentic, secure, and human. Our Human Defense Platform safeguards the entire customer journey with high-fidelity decision-making that defends against bots, fraud, and digital threats. Each week, HUMAN verifies 20 trillion digital interactions, providing unparalleled telemetry data to enable rapid, effective responses to even the most sophisticated threats. Recognized by our customers as a G2 Leader, HUMAN continues to set the standard in cybersecurity. To ensure your digital connections are trusted, visit www.humansecurity.com

    Contact information:
    Masha Krylova, Director of Communications
    masha.krylova@humansecurity.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/65debe93-90d3-4833-b82d-dabd0a88cb38

    The MIL Network

  • MIL-OSI: SECU Foundation Awards $150,000 to Rural Investment Collaborative for Improving Rural Leadership and Economic Opportunities in Appalachian Region of North Carolina

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., March 18, 2025 (GLOBE NEWSWIRE) — Rural Investment Collaborative (RIC), a program of Appalachian Community Capital, has received a $150,000 challenge grant from SECU Foundation. The funding will support a two-year pilot program to improve leadership and economic opportunities for rural communities across North Carolina.

    RIC was created by the Federal Reserve Bank of Richmond and is a collective of foundations, financial centers, educational institutions, and government agencies working cooperatively to enhance the workforce and economic outcomes for rural communities.

    “We are thrilled to provide essential funding to help the Rural Investment Collaborative expand access to needed resources and systems to foster long-term change,” said SECU Foundation Board Vice Chair Mona Moon. “We look forward to seeing the positive impacts as the participating groups work to address rural infrastructure, social determinants of health, access to care, disaster recovery, and healthy living in their communities.”

    “The SECU Foundation’s generous support of the Richmond Federal Reserve’s Rural Investment Collaborative has been critical to ensuring the success of the program,” said President and CEO of Appalachian Community Capital Donna Gambrell. “The Foundation’s grant is assisting community leaders from small towns and rural areas in North Carolina to develop investment-ready project proposals and to make access to funding easier.” 

    About SECU and SECU Foundation
    A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 87 years. SECU is the second largest credit union in the United States with $53 billion in assets. It serves more than 2.8 million members through 275 branch offices, 1,100 ATMs, Member Services Support via phone, www.ncsecu.org, and the SECU Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $300 million for initiatives to benefit North Carolinians statewide.

    Contact: Jama Campbell, Executive Director, secufoundation@ncsecu.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/720d3f26-4426-401d-9148-bf0b71d93183

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  • MIL-OSI: ZOOZ Power Enhances Global Strategy with New Energy Storage Solutions, Advanced Energy Management System and Expended Sales Team

    Source: GlobeNewswire (MIL-OSI)

    Tel-Aviv, Israel, March 18, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems for enabling ultra-fast EV charging solutions, announced today the enhancement of its strategic focus with the introduction of Energy Storage Systems (ESS) and an enhanced Energy Management System (EMS) designed to lead to maximizing EV charging performance and cost efficiency, along with the expansion of its sales team.

    The newly introduced Energy Storage System (ESS), in addition to ZOOZ Power’s intelligent* boosting offering, allows charging operators to significantly reduce electricity costs by storing energy during off-peak periods and deploying it during peak demand hours. This new addition to ZOOZ Power’s offering of systems to manage and improve overall power delivery to clusters of ultra-fast EV chargers substantially lowers operational expenses and enhances overall cost efficiency of EV charging infrastructure.

    Additionally, ZOOZ Power has upgraded its Energy Management System (EMS), improving the benefits of both the Intelligent Power Booster solution (ZOOSTER) and the new ESS offerings. The advanced EMS operates locally on-site, providing real-time management and rapid response capabilities to efficiently control energy flow, reduce power peaks, and extend battery lifecycles.

    The ZOOZTER Intelligent Power Booster continues to play a vital role in ZOOZ Power’s comprehensive solution, offering ultra-fast EV charging even in locations with limited grid capacity. By providing high-power bursts during charging sessions, the ZOOZTER effectively mitigates grid constraints, allowing consistent and reliable ultra-fast charging without costly infrastructure upgrades.

    In conjunction with its technological advancements, ZOOZ Power is expanding its global sales team. The Company is excited to announce the appointment of Mr. Ilan Tevet as the new Vice President of Global Sales. With over 25 years of experience in global B2B sales, business development and marketing, Ilan has a proven track record of driving growth. His deep expertise will be instrumental in accelerating ZOOZ Power’s planned global expansion.

    Furthermore, ZOOZ Power is strengthening its worldwide sales presence by appointing new sales managers in strategic markets, including the UK, Germany, and France. Further expansions are planned in other regions to align with the growing adoption of electric vehicles.

    “Our new ESS solutions, the enhanced EMS, and the strategic expansion of our sales team are pivotal steps toward providing comprehensive, efficient, and cost-optimized EV charging infrastructure,” said Erez Zimerman, CEO of ZOOZ Power. “With Ilan’s leadership and our expanded sales force in key markets, we are uniquely positioned to support and drive the global shift toward EV adoption.”

    *As used in this Press Release, intelligent boosting and Intelligent Power Booster refer to the ZOOZ Power Energy Management Software, which dynamically manages and optimizes energy consumption at the charging site

    About ZOOZ Power
    ZOOZ Power is a leading provider of flywheel-based power boosting and energy management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.

    ZOOZ Power pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.

    ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ Power is publicly traded on NASDAQ and TASE under the ticker ZOOZ

    For more information, please visit: www.zoozpower.com/

    Investor Contact:
    Miri Segal – CEO
    MS-IR LLC
    msegal@ms-ir.com

    Media enquiries:
    Media@zoozpower.com

    Forward-Looking Statement
    This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and “ON” charging network (including any plans to implement ZOOZ Power’s solution and upgrade an additional site of “ON” on Route 6) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ Power’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the limited operating history and evolving business model of ZOOZ Power, ZOOZ Power’s future prospects, ZOOZ Power’s planned global expansion, including the timing and the results thereof, statements regarding ZOOZ Power’s newly introduced Energy Storage System (ESS), intelligent boosting offering and Energy Management System (EMS), their adoption by the market and any benefits that they may have to ZOOZ Power, its operations, financial position and its current and potential customers, statements regarding the expansion of ZOOZ Power’s sales team and the effect of that expansion on ZOOZ Power’s planned global expansion, financial condition, market position and results of operations, statements relating to ZOOZ Power’s market position, statements regarding the demand for ZOOZ Power’s products, and the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.

    The MIL Network

  • MIL-OSI: Summit Nanotech Corporation Closes US$25.5M Funding Round to Accelerate Commercialization of their Direct Lithium Extraction Technology

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) — Summit Nanotech Corporation (“Summit”), a leader in sustainable lithium extraction technology, announced today that it has successfully closed US$25.5 million in funding led by Evok Innovations and BDC Capital’s Climate Tech Fund, with participation from Xora Innovation, Capricorn Investment Group, Mitsui Kinzoku – SBI Material Innovation Fund, and LG Technology Ventures.

    “This funding comes at a pivotal time for Summit as we strengthen our strategic partnerships and transition from demonstration to full-scale commercial design,” said Amanda Hall, Founder and CEO. “We are ready to provide our industry-leading solution to lithium mining companies who want to maintain a strong focus on economics and environmental responsibility.”

    Summit’s innovative direct lithium extraction (“DLE”) technology, denaLi™, combines system and fully integrated water recycling. Data analytics and AI are harnessed for advanced process control that ensures reduced water use, maximum sorbent lifespan, maximum lithium recovery and leading on-stream reliability, driving levelized lithium costs down. By unlocking more resources economically, Summit’s technology will strengthen international supply chains.

    Nobuyoshi Sogabe, General Manager at Mitsui Kinzoku, expressed enthusiasm about the investment: “We are committed to make an effort to achieve a lithium supply chain from brine by collaborating our advanced material synthesis, processing, and scaling technologies with Summit’s innovative denaLi™ system, thereby contributing to the realization of a sustainable society.”

    In the last six months, Summit has achieved key milestones, including commissioning a demonstration plant in Northern Chile, successful sorbent qualification results with a major lithium mining company, and launching their proprietary data analytics platform. With strong investor backing and a commitment to innovation and cost reduction, Summit is well-positioned to drive the future of sustainable lithium extraction.

    “The demand for electric vehicles will soon outpace growth in lithium supply. Summit’s technology addresses this challenge by optimizing lithium extraction from brine to produce high-quality lithium at a lower cost,” said Cheri Corbett, Partner at BDC Capital’s Climate Tech Fund. “We need to get more competitive lithium to market if we are to meet the global demand for electric vehicles. That’s why we’re working with results-driven leaders like Amanda and her team. A great example of a growth-minded Canadian business, exactly the kind that BDC is designed to help get to the next level.”

    About Summit Nanotech Corporation

    Summit is a leading provider of direct lithium extraction (DLE) technology for the lithium mining industry. Founded in 2018 and headquartered in Calgary, Alberta, Summit has invented a patented sorbent, DLE process technology, and data analytics platform that, when combined, improves project economics by over $1,000 per tonne LCE and unlocks additional plant capacity compared to competing DLE technologies. Its technology selectively and efficiently captures lithium ions from brine which, after conversion, can be sold directly to a battery manufacturer. Summit partners with mining and oil and gas companies to accelerate and optimize their lithium resources.

    As the world shifts toward electrification, Summit is committed to building a cleaner, more responsible lithium supply chain for future generations.

    Learn more at summitnanotech.com.

    Media Contact:

    Kristen Gray
    Manager, Communications and Investor Relations
    media@summitnanotech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/20d7e71d-1bb4-4c64-b152-1b74dfa09897

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  • MIL-OSI: Fullstory Has Successful Second Half: Sees Sustained Enterprise Customer Growth, Launches Innovation Solutions with Google, and Becomes First In Industry Certified In Responsible AI

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, March 18, 2025 (GLOBE NEWSWIRE) — Fullstory, a leading behavioral data company, today announced several milestones the company reached in the second half of its fiscal year, including customer growth in key market segments, co-developed partner solutions, and certification for responsible AI.

    Following a strong first half, Fullstory’s momentum carried through the remainder of its year, and the company continues to see an increasing appetite for digital behavioral data. Its recent research findings highlighted the significant opportunity for enterprises to improve customer experiences and anticipate buyer needs through AI-driven personalization, a task that hinges on nuanced customer behavioral insights made available only through this unique data source.

    Customer and Partner Momentum
    Fullstory continues to see noteworthy growth in its enterprise customer base. Large accounts have been its fastest-growing customer segment for the past six consecutive quarters, with sustained double-digit growth for the past 14 consecutive quarters. In the second half of its fiscal year, Fullstory added several large and well-respected organizations to its customer portfolio, including: one of the largest crowdfunding platforms; a top 10 airline; one of the largest cruise lines; a Fortune 100 technology company; a high-end fashion house; a prominent online retail styling service; a Fortune 500 bank; a luxury women’s retailer; and one of the largest online gaming and sports betting companies in North America.

    Its inaugural customer awards, announced in January 2025, included winners across industries. The winners were Autodesk—Customer Experience Champion; Chipotle—Analytics In Action; LTK—AI Innovator; NOBULL—Fastest Time To Value; Patagonia—Data-Driven Innovator; PepsiCo—Cross-Platform Creator; and Pizza Hut—Digital Transformation Leader.

    Fullstory also continued to deepen its relationship with key partners across the ecosystem, activating its digital behavioral data in unique ways to deliver value to customers. In the fall of 2024, Fullstory and Google launched a number of Innovation Solutions that address specific mission-critical use cases across industries:

    Fullstory, alongside NVIDIA and Palo Alto Networks, will present additional top-of-mind use cases, like monetizing AI agents, at Google Cloud Next in April 2025.

    Leadership Appointments
    In addition to the appointments of President Jason Wolf and Chief Product and Technology Officer Claire Fang in the first half of its year, Fullstory added notable roles, including:

    • Chief Customer Officer: Adam Spisak, who has nearly two decades of experience and a depth of knowledge in customer success, was appointed Chief Customer Officer.
    • Chief Revenue Officer: Phil Simpson, a longtime Fullstory employee and former Salesforce sales executive, was appointed Chief Revenue Officer.

    Industry Recognition
    Fullstory continued to lead and innovate by being the first in the digital behavioral data analytics space to receive ISO/IEC 42001, the accredited certification for responsible AI.

    “We are honored to be not only the first in our industry but also amongst some of the largest and most trusted companies in the world to receive ISO/IEC 42001 certification,” said Mark Stanislav, vice president of security engineering & governance, risk, and compliance at Fullstory. “The power of AI must be matched with responsible, early security diligence to allow exciting new solutions to meet the expectations that customers should place on their vendors.”

    To learn more about Fullstory, visit www.fullstory.com.  

    About Fullstory
    Fullstory is on a mission to help technology leaders make better, more informed decisions by injecting behavioral data into their analytics stack. The company’s patented technology unlocks the power of quality behavioral data at scale by transforming every digital visit into actionable data and insights. With Fullstory, enterprises can get closer to their customers’ true sentiments and intentions to predict what they want, create personalized experiences, and drive conversion, loyalty, and revenue. Fullstory is headquartered in Atlanta, USA, with regional teams across North America, EMEA, and APAC. For more information, visit www.fullstory.com.

    Fullstory Media Relations
    Alexandra King
    Director of Communications
    pr@fullstory.com 

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