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Category: GlobeNewswire

  • MIL-OSI: Pivotal Appoints Marjorie Dickman to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, March 18, 2025 (GLOBE NEWSWIRE) — Pivotal, the market leader in light electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Marjorie Dickman to its board of directors. A global government affairs and geopolitical expert, Ms. Dickman is consistently recognized among the nation’s top public policy executives and top women in technology. For decades, she has led corporate strategies that navigate complex regulatory landscapes in the U.S. and abroad – creating opportunities, managing risk and growing market share.

    “We are thrilled to welcome Marjorie to Pivotal’s Board of Directors. Her wisdom of U.S. and global government affairs and her deep business acumen in the emerging tech and transportation sectors are invaluable to our growth,” said Ken Karklin, Chief Executive Officer, Pivotal. “This is an exciting time for Pivotal. Our aircraft offer a new way to experience flight, and our aero architecture is ready for public safety and defense use cases.”

    “I am excited to join the board and delighted that my extensive experience in tech and transportation innovation aligns with Pivotal’s mission,” said Marjorie Dickman. “I am especially pleased that my regulatory expertise in navigating global market access and competition can be an asset for Pivotal’s growth in the eVTOL market.”

    About Marjorie Dickman
    Ms. Dickman is a highly seasoned government affairs expert and attorney, based in Washington, D.C.

    She built her career leading government engagement and communication strategies for multinational technology companies – with a focus on rapidly evolving sectors like AI, automated and connected vehicles, cybersecurity, data privacy, Internet of Things (transport, energy, manufacturing), and secure communications for defense and first responders. Her track record of success building trusted government relationships, influencing public policy, and navigating regulatory and legal frameworks has earned numerous accolades. Examples include “Tech Titan” Policy Influencer, Global HERoes Role Model, and Most Powerful Women in Tech.

    As BlackBerry’s first Chief Government Affairs and Public Policy Officer and direct report to the CEO/Executive Chairman, Ms. Dickman opened the company’s Washington, D.C. office in 2020. She built BlackBerry’s Global Government Affairs and Public Policy organization from the ground up, including the company’s Government Relations and Technical Standards teams operating in the U.S., Canada, EMEA, the UK, LATAM, and APJ.

    Prior to BlackBerry, Ms. Dickman led a highly successful 16-year career at Intel Corporation – most recently launching and leading global government affairs for two of Intel’s most ‘disruptive’ businesses: Automated Driving and the Internet of Things – where she managed teams across the U.S., EMEA, China and Japan. Prior to Intel, she practiced law at a prominent Washington firm, specializing in telecom regulation and M&A.

    Ms. Dickman has been appointed to the Boards of the Eno Center for Transportation, Consumer Technology Association (CES), U.S. Chamber of Commerce’s Technology Engagement Center and Cybersecurity Leadership Council, No. Virginia Technology Council, and George Mason University’s College of Engineering and Computing. She is an honors graduate of Georgetown University Law Center (J.D.) and Duke University (A.B., Public Policy).

    About Pivotal
    Pivotal designs, develops, and manufactures light eVTOL aircraft. An industry pioneer, Pivotal is renowned for the BlackFly, the first light eVTOL to be commercially available and delivered to customers in the United States. In October 2023, Pivotal introduced its next generation production aircraft, the Helix, and in January 2024 began sales of the Helix. The company’s distinctive tilt-aircraft architecture and scalable technology platform have been under continuous improvement for well over a decade, and today, Pivotal has the most mature technology in the light eVTOL category. Efficient, compact, and simple, Pivotal vehicles are designed for a wide range of consumer, public safety, and defense applications. The company is headquartered in Palo Alto, CA. For videos and more information, visit https://pivotal.aero.

    Media Contact:
    Heidi Groshelle
    press@pivotal.aero

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7ffc9-f2e7-429c-b5b0-55ff0a50da3d

    The MIL Network –

  • MIL-OSI: Pacific AI Launches to Tackle Growing AI Legal Risks with a Free AI Policy Suite

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., March 18, 2025 (GLOBE NEWSWIRE) — Pacific AI, a new company focused on helping organizations deliver legal and compliant artificial intelligence (AI) systems, has launched today. Created by the CEO of John Snow Labs, Pacific AI was established to address the rapidly changing regulatory landscape. The company offers a free AI Policy Suite, as well AI Governance Certification to guarantee responsible use of AI in accordance with the most current laws and regulations.

    The AI Policy Suite is a comprehensive, continuously updated set of policies designed to ensure compliance with more than 80 AI-related laws, regulations, and standards across national, state, and international jurisdictions. By translating complex legal and regulatory requirements into clear, actionable policies within one, central framework, the AI Policy Suite:

    • Eliminates compliance overhead by keeping organizations up to date with evolving laws, from NIST, ISO, and the EU AI Act, down to state and local laws
    • Translates legal requirements into practical controls and policies
    • De-duplicates overlapping obligations from multiple regulatory sources

    To accelerate industry-wide adoption and encourage community feedback, Pacific AI is making the AI Policy Suite available for free. The suite will be introduced in an upcoming webinar at 2pm ET on Wednesday, March 19. Hosted by Pacific AI CEO David Talby and AI Governance Lead Maria Baranchikova, the event will provide insights into today’s AI governance landscape and how to best mitigate risks.

    “In 2024, lawmakers in 45 states introduced 635 AI-related bills, of which 99 became laws. In the healthcare industry alone, there were an additional 13 guidance frameworks, not even inclusive of all new regulatory rules and industry standards,” said Talby. “Compliance requirements are emerging faster than teams with even the best intentions can track. Pacific AI aims to reduce legal liability, financial, and reputational risks by providing a framework that simplifies AI compliance so businesses can focus on growing and innovating.”

    Pacific AI also offers an AI Governance Certification, available when organizations adopt AI policies, implement AI governance, and pass a Pacific AI audit. With certification, companies can attest that an AI governance framework has been implemented and that its AI services are compliant across the US. Companies like Opptly are already experiencing value in certification for their proprietary AI platform.

    “At Opptly, ensuring compliance with evolving AI regulations is a top priority. We recognize the need for proactive solutions to keep pace with rapid changes. Pacific AI’s Governance Certification ensures our AI platform meets the highest compliance standards, enhancing risk management and strengthening customer trust,” said Lori Hock, CEO, Opptly.

    For an introduction to the Pacific AI Policy Suite, register for our webinar. To learn more about Pacific AI, visit https://pacific.ai/.

    About Pacific AI
    Pacific AI is dedicated to helping organizations deliver AI systems that comply with the rapidly evolving regulatory landscape in the USA. Whatever your starting point, Pacific AI can help you reach the next level of AI governance, implement tools and controls for compliance, or audit and certify what you’ve already built. To learn more, visit: https://www.pacific.ai.

    Contact
    Gina Devine
    Head of Communications
    Pacific AI Corp.
    gina@pacific.ai

    The MIL Network –

  • MIL-OSI: Nowutalk AI Unveils Voice-First Sales Agent for Shopify

    Source: GlobeNewswire (MIL-OSI)

    HOLMDEL, N.J., March 18, 2025 (GLOBE NEWSWIRE) —

    The AI-powered sales agent enhances sales processes while assisting merchants in making informed decisions—Nowutalk AI is now live.

    Nowutalk AI has set to transform online shopping with the first voice-driven sales agent for Shopify stores, bringing the ease of in-store conversation to digital shopping. Unlike traditional chatbots, Nowutalk AI goes beyond answering questions by actively facilitating sales.

    With a simple voice command, customers can browse products, get instant recommendations, and complete purchases hands-free. But it’s not just about voice—behind every interaction, Nowutalk AI gathers real-time intelligence to help merchants make data-backed business decisions.

    “E-commerce owners struggle with data overload. We don’t just automate sales—we help them understand their customers better, in real-time,” said Serge Beck, CEO of Nowutalk AI. “We built a voice agent that does more than just talk—it learns, adapts, and helps businesses grow.”

    LIVE on Shopify & Protected by a Patent
    Merchants can install it on Shopify and start converting voice interactions into sales. The technology is also patented, making it a first-mover in voice-driven e-commerce intelligence.

    Real Traction & Influencer Backing

    • Strategic partnerships are rolling out to integrate Nowutalk AI into more high-traffic e-commerce platforms.
    • 60% of the team are engineers, ensuring a product built for scale.

    Why This Matters for E-commerce Owners

    • Increased Conversions: Customers shop faster with conversational commerce.
    • Data-Driven Sales: Merchants receive intelligence reports to optimize inventory & marketing.
    • Seamless Integration: Works instantly with Shopify—no complex setup.

    Getting Involved

    About Nowutalk AI
    Nowutalk AI is transforming digital interactions with next-generation AI-powered voice sales agents. The company delivers human-like conversations that convert browsers into buyers by integrating core Intelligence, natural language processing, and adaptive learning. As a leader in voice-first AI technology, Nowutalk AI is setting a new standard for customer engagement and sales automation in e-commerce.

    Testing the waters legal disclosure.
    We are ‘testing the waters’ to gauge investor interest in an offering under Regulation Crowdfunding. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and only through Wefunder’s platform. Any indication of interest involves no obligation or commitment of any kind.

    Contact

    Nowutalk Team
    Nowutalkai, Inc.
    c.calvo@nowutalk.ai

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/99efae28-802e-4274-b92d-b32c1f912421

    The MIL Network –

  • MIL-OSI: Advocus Launches GO Live in Chicago

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 18, 2025 (GLOBE NEWSWIRE) — Chicago-based title insurance underwriter Advocus announced today the launch of GO Live, a cutting-edge, first-of-its-kind virtual closing system designed to provide attorneys and their clients unparalleled convenience, connectivity and security. GO Live launches in Chicago and will be rolled out in additional markets during the coming months.

    GO Live addresses the common challenges attorneys and buyers face during virtual closings by delivering a seamless, personalized, and professional experience. The platform is equipped with state-of-the-art features, ensuring every stakeholder feels confident and connected throughout the process. Key features of GO Live include:

    • Real-Time Document Viewing – Attorneys can now review and guide buyers through their closing documents in real time. Through streaming video, GO Live enables attorneys to see the documents buyers are signing in real time, ensuring accuracy and reducing errors like signing on the wrong line or overlooking critical details.
    • Integrated Devices – With GO Live, buyers no longer need to bring their own devices to closings. Advocus provides all the necessary technology, ensuring smooth and secure connections without relying on buyers’ personal technology.
    • Reliable Connectivity – GO Live guarantees seamless communication between buyers and attorneys, eliminating the stress of navigating connectivity problems or resorting to less effective alternatives like speakerphone.
    • Enhanced Collaboration with Closers – Closers are fully integrated into the GO Live experience. They participate in the virtual meeting alongside buyers, ensuring swift resolution of questions and smooth collaboration—just as if everyone were seated together at the table.
    • Clarity and Security – GO Live offers a secure, real-time interface that allows attorneys to address client questions and explain documents in detail, providing a polished, professional experience while maintaining rigorous security for personal and financial information​.

    “Advocus is committed to redefining the title insurance experience,” said Peter Birnbaum, Executive Chairman of Advocus. “With GO Live, we’re offering attorneys and buyers a stress-free, connected, and transparent process. This platform is designed to enhance the professionalism of real estate closings and give our clients the confidence they deserve during such a significant life event.” Learn more about GO Live here.

    About Advocus National Title Insurance Company
    Advocus is a national provider of title insurance and settlement services. Founded in 1964 on the belief that every consumer deserves legal representation and advocacy, Advocus is dedicated to preserving the attorney’s role in real estate transactions and offering attorney-led underwriting expertise. With a growing presence in markets across the United States, Advocus continues to set the standard for excellence in the title insurance industry. For more information, visit www.advocus.com.

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI: Nexla Open Sources its Agentic Chunking Technology to Improve AI Accuracy for All

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Nexla, a leader in AI-powered integration for data and AI, is contributing key innovations from its cutting-edge agentic AI framework to the open source community, reinforcing its commitment to advancing enterprise-grade AI technology. Building on years of technological leadership, Nexla has released its groundbreaking advancements in agentic chunking to developers worldwide, empowering organizations to create more accurate GenAI-powered agents and assistants while accelerating industry-wide innovation.

    Nexla has the industry’s first AI-powered integration platform that handles today’s overwhelming data variety, replacing endless connectors, diverse formats, and infinite schemas with AI-ready data products. With Nexla, you can integrate any document, data, app, or API, create AI-ready data products, and deliver GenAI projects without coding, up to 10x faster than the alternatives.

    Nexla uses AI to connect, extract metadata, and transform source data into human-readable data products, called Nexsets, that can be shared in a built-in marketplace for true data reuse and governance. Nexla’s agentic AI framework lets companies implement agentic RAG for agents and assistants without coding, using LLMs during each stage to improve accuracy. For example, Nexla can get context from multiple data products, use a unique algorithm to rank, prioritize, and eliminate data, and then combine the context with a rewritten query and submit it to just about any LLM.

    Agentic chunking represents the next evolution of document processing for Retrieval-Augmented Generation (RAG), providing AI engineers with an intelligent, structured, and scalable way to break down complex documents for optimal retrieval and generation.

    Agentic chunking has delivered the following benefits over other chunking techniques across internal tests and production deployments:

    • Smarter document understanding: Instead of blindly splitting text into fixed-sized chunks, agentic chunking treats documents as structured knowledge, identifying key sections, headings, and relationships.
    • Precision-driven efficiency: Uses LLMs like GPT-4o only where they add real value—detecting and classifying headings—while relying on smaller models and deterministic rule-based processing for everything else to achieve the best price-performance.
    • Improved retrieval and accuracy: By preserving hierarchical relationships and semantic structure, chunks retain essential context, leading to significantly better responses from RAG-based systems.
    • Enterprise-grade: Scales linearly with document size and has proven its reliability in production deployments.
    • Domain adaptability: Incorporates domain-specific chunking strategies beyond generic embeddings, ensuring AI-powered retrieval works optimally for financial reports, technical manuals, legal documents, and more.

    “Companies who have deployed GenAI assistants and agents often cite data quality and AI accuracy as two of their top challenges. They’re related: bad data leads to bad outcomes and AI hallucinations,” said Saket Saurabh, Nexla Co-founder and CEO. “Our agentic AI framework has dramatically improved AI accuracy and scale for our customers. But we believe the best solution is to solve these problems together as an industry by jointly contributing to open source. Open sourcing agentic chunking is just the first step. We’re excited to work with other vendors, and to release more of our agentic AI technology to help companies get to even higher quality data and outcomes.”

    To learn more about Nexla, visit us at GTC 2025 in San Jose at booth No. 2008, or visit:

    About Nexla

    Nexla is a leader in AI-powered integration for data and AI whose mission is to make data ready-to-use for everyone. The Nexla Integration Platform is the first integration platform powered by AI and built to handle today’s data variety. With Nexla you can integrate any data, create AI-ready data products, and deliver enterprise-grade GenAI without coding, up to 10x faster than the alternatives.

    Trusted to deliver mission-critical data by leading companies including DoorDash, LinkedIn, Johnson & Johnson, and LiveRamp, Nexla is headquartered in San Mateo, California. It has been recognized in the 2022, 2023, and 2024 Gartner Magic Quadrant™ for Data Integration Tools and top-rated by customers on Gartner Peer Insights.

    Media Contact:
    Nexla@bocamarketing.com

    The MIL Network –

  • MIL-OSI: Esusu and Amazon to Bring Rent Reporting and Financial Well-being to Tens of Thousands of Renters

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Today, Esusu, the innovative fintech platform transforming lives through rental data and credit building, announced a partnership with Amazon to help residents living in Amazon-funded affordable housing units across the Puget Sound, National Capital, and Nashville regions build their credit scores through on-time rental payments.

    The partnership furthers Esusu and Amazon’s shared commitment to uplift underserved communities by driving economic equity and financial stability. Residents in these communities will also gain access to Esusu’s industry-leading platform for renter financial health, which encompasses access to financial coaching, financial education, rent relief, tax filing support, and a variety of other tools. This collaboration follows Amazon Housing Equity Fund’s $3.6 billion commitment to preserve and create more than 35,000 affordable homes for individuals living in the communities that Amazon calls home.

    “Together, Amazon and Esusu are setting a new standard for the role of institutions in the communities they operate in. We are proud to partner with Amazon to provide access to transformative opportunities for renters, enabling them to improve their financial well-being and ultimately unlock wealth creation,” said Esusu co-founders and co-CEOs Samir Goel and Wemimo Abbey. “We are committed to strengthening the economic and social fabric of our neighborhoods in partnership with Amazon and creating better outcomes for families nationwide.”

    To date, the Esusu platform has enabled hundreds of thousands of renters to establish a credit score for the first time while unlocking approximately $50 billion in credit activity. On average, renters see a positive credit score increase of 45 points, providing them access to better-quality financial products and lower interest rates. When paired with Esusu’s comprehensive financial coaching, integration with local social services, and marketplace of vetted financial resources, it provides a holistic safety net for renters across the country.

    “We created the Amazon housing fund to help address the increasing need for affordable housing in the communities Amazon calls home, helping families improve their quality of life,” said Senthil Sankaran, Managing Principal, of the Amazon Housing Equity Fund. “Through this partnership, we hope to make a transformative difference for tens of thousands more people by enabling renters to build their credit scores by making on-time rent payments.”

    “This initiative not only enhances individual financial stability and strengthens communities, but it also benefits property owners and investors by fostering more financially secure residents, ultimately improving retention and long-term asset performance,” said Clear Blue Company CEO Nick Ogden. “It’s a powerful example of how the private sector can drive meaningful change in affordable housing while creating shared value.”

    About Esusu
    Esusu is the leading financial technology platform that leverages data solutions to empower residents and improve property performance. Esusu’s rent reporting platform captures on-time rental payment data and reports it to credit bureaus to boost credit scores. This allows renters to build and establish their credit scores while helping property owners mitigate against initiating evictions, powered by differentiated data and insights. Founded in 2018, Esusu reaches over 4 million rental units across all 50 states in the United States. Learn more at www.esusu.com and follow us on Instagram @myesusu and on X @getesusu.

    About Amazon
    Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

    Media Contact:
    Small Girls PR
    esusu@smallgirlspr.com

    The MIL Network –

  • MIL-OSI: Enterprises Gain Control Over LLM Oversharing with Prompt Security’s New GenAI Authorization Features

    Source: GlobeNewswire (MIL-OSI)

    • Prompt Security launches comprehensive Authorization features for enterprise GenAI applications, enabling granular, context-aware access control as queries are made
    • Addresses critical security gap in GenAI adoption by preventing unauthorized access to sensitive corporate data through AI apps and copilots
    • Delivers seamless integration with existing identity providers while maintaining productivity and user experience

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Prompt Security, a leader in generative AI (GenAI) security, today announced new Authorization features that transform how organizations manage and secure access to GenAI applications and organizational data. This innovative identity and context-based Authorization system addresses the critical challenge of protecting sensitive corporate data while enabling productive AI use across the enterprise, providing granular control over specific features and content within AI applications.

    In simple terms: when employees query AI tools like Copilot or any embedded AI application, they only see what they’re authorized to see. If they want to ask about the CEO’s salary or a colleague’s performance review, unless they have permission, they won’t get access.

    The Challenge of GenAI Authorization

    AI is becoming increasingly integrated into enterprise workflows and datasets through tools like Microsoft 365 Copilot, Google Gemini, custom internal AI applications and an array of tools with AI features like Notion AI, Salesforce AI Copilot or Jira.

    As these AI-enhanced products become an integral part of daily workflows, often without the awareness of security teams, organizations face unprecedented challenges in controlling access to sensitive information. This adds an extraordinary layer of complexity to authorization governance that current permission-based access systems cannot control, and introduces risks that GenAI tools can potentially expose confidential data through natural language interfaces.

    A comprehensive GenAI Security solution must protect organizations wherever their users interact with AI, regardless of platform or device. This is especially critical for authorization in native desktop applications, where LLMs are increasingly embedded and handling sensitive information. Prompt Security introduced the industry’s first lightweight desktop agent several months ago, bringing robust GenAI Security to native desktop tools like Copilot for 365. Today, we’re expanding these Authorization capabilities to cover every touchpoint where users engage with AI, ensuring consistent security and protection across all interactions.

    “Organizations have spent years building robust, permission-based access systems, and here comes AI and introduces a brand new challenge,” said Itamar Golan, CEO and co-founder of Prompt Security. “Employees can now simply ask AI to reveal sensitive information, like salary details or performance reviews, and LLMs may inadvertently comply. Our new Authorization features close this critical gap, ensuring AI applications respect existing security boundaries. This isn’t just about restricting access—it’s about empowering enterprises to embrace AI with confidence, knowing their sensitive data remains protected. We’re delivering the missing piece that enables organizations to maintain their security posture while fully harnessing AI’s transformative potential.”

    Comprehensive Authorization Capabilities

    The multi-layered Authorization system delivers enterprise-grade access control with real-time prevention of sensitive data exfiltration, contextual inspection of prompts and model responses and granular policy enforcement. Designed for simplicity and flexibility, it ensures robust security without complex integrations or invasive architectures.

    Key features include:

    • Contextual runtime authorization analyzing both user identity and request context
    • Granular, department-specific policies to enforce appropriate access permissions (e.g., marketing vs. finance), based on job functions and data privacy clearance
    • Deep integration with leading identity providers like Okta and Microsoft Entra
    • Real-time monitoring and enforcement with flexible redaction options, from full content blocking to selective data masking
    • Comprehensive audit logging for security compliance which can be integrated with existing SIEM solutions

    This streamlined approach enables organizations to manage tens of thousands of user groups efficiently while maintaining transparency, ease of configuration and security at scale.

    For more information on Prompt Security, visit our website https://www.prompt.security/.

    Watch a demo of Prompt Security’s New GenAI Authorization Features here.

    About Prompt Security

    Founded in August 2023, Prompt Security delivers a complete solution for all Generative AI security in the enterprise. Its platform supports millions of prompts and thousands of users every month. The founding team combines deep expertise in both cybersecurity and AI, with years of experience building and securing machine learning systems at organizations like Check Point, Orca Security and Israel’s elite intelligence unit 8200. Prompt Security’s CEO Itamar Golan was on the OWASP Top 10 for LLM Applications core team and Prompt Security’s CTO & co-founder Lior Drihem contributed to the project. The Prompt Security team of researchers has created proprietary LLMs and developed novel patent-pending techniques for detecting generative AI threats and addressing the associated risks.

    Media Contacts
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/40231ff5-7556-43e9-a248-d51eeebdfbc4

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Expands Individual Investor Distribution Platform with Strategic Joint Venture

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 18, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today announced a strategic joint venture to establish a premier individual investor distribution platform focused on the registered investment advisor (RIA), independent broker-dealer, and family office channels. The initiative marks a strategic expansion of GCM Grosvenor’s capabilities, building on GCM Grosvenor’s strong brand and distribution platform success in the wirehouse channels, and enhancing its ability to serve the growing demand for alternative investments among individual investors.

    The joint venture, Grove Lane Partners, will be led by Ryan Chapman, an industry veteran with a track record of scaling alternative investment platforms for individual investors. Chapman previously held senior roles at Blackstone, where he was instrumental in developing and executing distribution strategies for private market solutions across the registered investment advisor (RIA), independent broker-dealer, and family office channels. His expertise spans product structuring, capital raising, and advisory education – critical elements for driving adoption of alternative strategies in the individual investor market.

    “This initiative represents a strategic expansion of our individual investor capabilities,” said Michael Sacks, Chairman and Chief Executive Officer at GCM Grosvenor. “As demand for alternative investments accelerates among individual investors, we are pleased to partner with Grove Lane Partners to expand our channel reach and position us to deliver institutional-quality solutions to a broader investor base.”

    “We are committed to equipping advisors with sophisticated alternative investment solutions from leading asset managers that can enhance portfolio diversification and long-term return potential,” said Ryan Chapman, President, Grove Lane Partners. “We are excited to partner with GCM Grosvenor given their extensive track record in alternative investments and their unwavering focus on client success.”

    This partnership aims to provide individual investors with exposure to institutional quality private alternative investments, managed by GCM Grosvenor and third-party managers. Interests in the GCM Grosvenor investment products are offered through GRV Securities LLC, a Delaware limited liability company registered with the Securities and Exchange Commission as a broker-dealer and a member of Financial Industry Regulatory Authority and Securities Investor Protection Corporation.

    GCM Grosvenor holds a minority interest in the joint venture today, with an option to acquire full ownership in the future.

    With its investment in Grove Lane Partners, GCM Grosvenor is strengthening its position as a leading provider of alternative investments across institutional and private wealth channels. For more information on GCM Grosvenor’s Individual Investor Solutions, please visit: www.gcmgrosvenor.com/individual-investor-solutions. For more information on Grove Lane Partners, please visit: www.GroveLanePartners.com.

    About GCM Grosvenor 

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. The firm is registered with the Securities and Exchange Commission as an investment adviser.

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Media Contact 
    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy 
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global 
    212-371-5999 

    The MIL Network –

  • MIL-OSI: LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte

    Source: GlobeNewswire (MIL-OSI)

    MAASSVLAKTE, Netherlands, March 18, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration and is driven by the continued pressure on Maasvlakte’s profitability due to global overcapacities, a strong increase of imports from Asia and high costs of European production. Unfortunately, this situation is expected to continue, so longer-term profitable production is not anticipated.

    “While the decision to shut down the PO11 unit is difficult, we must ensure all assets within our portfolio are a long-term strategic fit,” said Aaron Ledet, executive vice-president, I&D and Supply Chain. “We are prioritizing our core assets which play a key role in our technology differentiation and circularity or provide attractive returns over the cost of capital. We take our obligations toward our employees, European employee reps, councils and unions seriously. We have engaged with them in line with these obligations and will continue to do so. We would like to thank them for the constructive dialogue. We are also in communication with customers, suppliers and other parties across the value chain and will continue to do business as usual. There is no change to our working relationship, and we continue to focus on providing an exceptional customer and supplier experience.”

    “As part of our Sustainable Future Strategy, we’re continuously working to optimally position Covestro to be a reliable partner for our customers and to operate competitively in a challenging market environment,” said Hermann-Josef Dörholt, head of the Performance Materials Business Entity at Covestro. “Due to global overcapacities, persistently weak demand, and high costs in Europe, we have jointly decided with LYB to close the PO11 plant. We will support LYB in implementing this change as socially responsibly as possible. At the same time, we remain committed to the European market and will continue to supply customers with our renowned polyether polyols portfolio.”

    The Maasvlakte site, a joint venture between LYB and Covestro, has been operational in the Rotterdam region since 2003. Between now and the end of 2026, LYB will carry out a process to safely shut down and prepare for the demolition of the asset.

    In 2024, LYB announced a strategic review of European assets of its Olefins & Polyolefins (O&P) and Intermediates & Derivatives (I&D) business units. LYB has taken the next step in evaluating the option to seek alternative ownership for the O&P sites in the strategic assessment. At this time no decisions have been made and various outcomes remain possible.

    About LyondellBasell
    We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors, and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

    About Covestro
    Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

    The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

    Media Inquiries LYB Global
    LyondellBasell Media Relations
    Phone: +1-713-309-7575
    Email: mediarelations@lyondellbasell.com

    Or:

    Media Inquiries LYB Europe
    Robert Kleissen, External Affairs Europe
    Phone: +31-6-273-573-98
    Email: robert.kleissen@lyondellbasell.com

    Media Inquiries Covestro
    Markus Kleine-Beck, Corporate Trade Media Relations
    Phone: +49-173-2320-686
    Email: markus.kleine-beck@covestro.com

    Svenja Paul, Corporate Media Relations
    Phone: +49-214-6009-2814
    Email: svenja.paul@covestro.com

    Forward-Looking Statements LYB
    The statements in this release relating to matters that are not historical facts are forward-looking statements. Actual results could differ materially based on factors including, but not limited to, our ability to align our asset base with our strategic goals; and our ability to safely shut the asset described down and conduct demolition. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2024, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

    Forward-Looking Statements Covestro
    This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports, which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab7935cb-361b-4c8f-82f7-81f1b6bcd387

    The MIL Network –

  • MIL-OSI: Exterro and Integreon Join Forces to Deliver the Gold Standard in Managed E-Discovery and Document Review Solutions

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, Texas and AUSTIN, Texas, March 18, 2025 (GLOBE NEWSWIRE) — Exterro, Inc., the global leader in providing data risk management software solutions for e-discovery, digital forensics, and data privacy, security, and governance professionals, and Integreon, a leading global provider of tech-enabled legal solutions, today announced a strategic partnership delivering managed e-discovery and document review services.

    Together, the two industry leaders now provide enterprise customers with a best-in-class managed e-discovery solution that combines Exterro’s cutting-edge software with Integreon’s deep expertise in managed document review. By utilizing a comprehensive solution from Exterro and Integreon, organizations can effectively manage risk while enhancing efficiency, cost-effectiveness, and defensibility in their e-discovery and document review processes.

    For organizations involved in multiple litigation matters, Exterro’s single-instance storage solution multiplies the savings as documents can be reviewed a single time and leveraged across any number of cases. By leveraging the managed e-discovery solution from Exterro and Integreon, enterprise clients will benefit from:

    • Cost Reduction & Efficiency: Minimize expenses by consolidating vendors while streamlining legal workflows to boost productivity.
    • Risk Mitigation & Compliance: Ensure defensible, industry-leading compliance across litigation, regulatory responses, and internal investigations, reducing legal risk and potential fines.
    • Enhanced Accuracy & Speed: Improve data processing speed and accuracy, enabling quicker, more informed legal decisions.
    • Simplified Management: Remove the complexity of managing multiple software and service providers with a fully integrated solution.

    “With the exponential growth of electronically stored information and evolving state and federal regulations, organizations must be more proactive than ever in managing risks – including cyber threats, regulatory compliance, data privacy and legal exposure,” said Bobby Balachandran, Exterro Founder and CEO. “By combining Exterro’s cutting-edge technology with Integreon’s proven expert services, organizations can effectively find, analyze and protect against these risks, staying ahead of emerging threats.”

    Exterro’s AI-driven technology is continuously evolving, providing smarter, actionable insights and automation that many competitors lack. When combined with Integreon’s global team of legal experts, organizations benefit from a uniquely scalable and defensible e-discovery framework that is tailored to their specific needs.

    “Our clients require sophisticated, technology-enabled solutions to meet the evolving demands of litigation, investigations, and regulatory compliance,” added Phil Goodin, Executive Vice President, Litigation Services at Integreon. “This holistic approach positions Exterro and Integreon as the gold standard in managed e-discovery and document review services, providing an integrated solution that ensures superior results while reducing the burden on in-house legal teams.”

    About Exterro 
    Exterro empowers organizations to manage data risks with a complete platform for e-discovery, data privacy, cybersecurity and governance, and digital forensics. Unlike any other software provider, Exterro makes it easy for organizations to understand their data and take swift action. Exterro’s AI-driven solutions provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations while lowering costs. With Exterro, organizations gain the clarity and confidence needed to address their most critical data challenges. For more information, visit www.exterro.com.

    About Integreon
    Integreon is the trusted, global provider of legal, creative and business outsourced solutions to corporations and law firms seeking to expand their capabilities and transform their performance. The company’s 4,000+ professionals provide expert support across a range of managed services—from creative design, content delivery and administrative support to legal and compliance. With global delivery centers on three continents, Integreon delivers round-the-clock service in 70+ languages and is deeply committed to client success, consistently delivering innovative, tech-enabled solutions that improve agility and efficiency to drive business performance. Integreon is owned by EagleTree Capital, a leading New York-based middle-market private equity firm with over $5 billion of assets under management.

    For more information about Integreon’s range of services, email info@integreon.com, visit www.integreon.com and follow Integreon at LinkedIn, X, and Facebook.

    Press Contact:

    For Exterro
    Hazel Ramirez
    hazel@plat4orm.com
    570-975-9261

    For Integreon
    Meg McEvoy
    meg@limelightgrowth.com
    434-409-0050

    The MIL Network –

  • MIL-OSI: VMware Explore 2025, an Essential Cloud Event for IT Professionals, Returns to Las Vegas and Extends to New Regions

    Source: GlobeNewswire (MIL-OSI)

    VMware Explore on Tour to be Newly Held in Frankfurt, London, Mumbai, Paris, Sydney and Tokyo in Fall 2025

    PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced highlights and new program elements of VMware Explore(R) 2025, an essential cloud event for IT professionals. VMware Explore 2025 will kick-off in Las Vegas on August 25 at The Venetian Convention and Expo Center. Explore will then go on the road to select cities in Asia Pacific, Japan and Europe.

    VMware Explore 2025 in Las Vegas will feature technical and business-level sessions and panel discussions, technical deep-dive sessions, expert roundtables, instructor-led and self-paced labs, as well as a general session designed to map the course for attendees across private cloud, private AI and more. Attendees will have opportunities to gain actionable insights on technical topics focused on cloud infrastructure, modern applications, and networking, security and load balancing through programming filled with technology innovation, education, and training. They will also have access to an extensive ecosystem including VMware Cloud Service Providers (VCSPs), hyperscalers, Value-Added OEMs (VAO) partners, and VMware Technology Alliance Partners (TAP) with many opportunities to interact and network across the VMware community.

    “We are excited to offer Explore across more countries and communities while also building more engagement and choice with our flagship Las Vegas event,” said Joan Stone, vice president of corporate marketing, Broadcom. “With Explore 2025, we’re delivering more content sessions, a new pricing model and additional locations to better meet the needs of IT practitioners, innovators and leaders. The goal remains to provide our customers with insights, tools and engagement opportunities required to succeed in a continually dynamic IT environment.”

    New for 2025
    VMware Explore in Las Vegas will offer a more personalized approach to registration with new tiered pass options for attendees. Attendees will now have the option to register for a Full Event Pass, Essentials Pass or Meetings+ Pass based on their event needs.

    VMware Explore on Tour
    This year, Explore is extending across the globe to highlight the top content and insights from Explore in Las Vegas. Each event will include a curated subset of sessions and Hands-on Labs, a meetings program, and networking opportunities and will provide access to key partners, regional leaders, and experts. Select events will also include companion programs including Advisory Boards and events to support VMUG members. Explore on Tour will take place in Frankfurt, London, Mumbai, Paris, Sydney and Tokyo throughout Fall 2025. Full event dates and details will follow.

    Additional Explore on Tour details are available here: https://www.vmware.com/explore

    Register for VMware Explore 2025 in Las Vegas
    Registration for VMware Explore 2025 in Las Vegas will open on April 29. For more details on event registration and pass types, please visit: https://www.vmware.com/explore

    For questions about industry analyst and influencer registration, please contact: Heather Haley, heather.haley@broadcom.com

    Additional Resources

    About VMware Explore
    VMware Explore is the definitive cloud event for IT practitioners seeking to unravel IT complexity, stay on top of AI-driven advancements, and spur professional growth. VMware Explore 2025 will welcome a vibrant community of IT experts with the in-depth technical content they want and the Hands-on Labs and certifications they need. Attendees will see firsthand how VMware solutions simplify private cloud, so they can shift from managing their clouds to reaping the benefits of a modern, future-proof solution.

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

    Media Contact:

    Heather Haley
    Broadcom Global Communications
    heather.haley@broadcom.com
    925-856-8042

    The MIL Network –

  • MIL-OSI: Urgently Secures Multi-Year Contract with On-Demand Towing and Roadside Assistance Company

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., March 18, 2025 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced a new multi-year customer partner contract with an innovative provider of on-demand towing and roadside assistance. When the partnership officially launches this month, Urgently will begin providing light duty towing, technology and related services to on-demand roadside customers of the new customer partner across the U.S. and Canada.

    Under the customer parter contract, Urgently’s connected assistance platform will power the customer partner’s services, enhancing their roadside assistance offerings with streamlined operations and exceptional assistance experiences. As a tech-forward company, Urgently will deliver its comprehensive technology stack and capabilities, to meet demand for safe, quick and reliable assistance on the road.

    This collaboration is expected to grow Urgently’s volume and related revenue, and enable the new customer partner to elevate its customer experience with access to Urgently’s network of trusted service providers. By expanding its footprint in North America, Urgently continues to solidify its position as an industry leader committed to delivering exceptional roadside experiences powered by technology.

    “We are thrilled to launch this new partnership with an organization that shares Urgently’s deep commitment to providing the highest quality customer service,” said Matt Booth, Chief Executive Officer of Urgently. “Through this partnership, we will combine our shared strengths in the use of innovative technology and on-demand roadside assistance. We believe this collaboration will create tremendous value for customers, and allow us to continue expanding our presence across North America.”

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    Forward-Looking Statements
    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s new customer partner contract and the expected growth in Urgently’s volume and related revenue, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 14, 2025, our quarterly reports on Form 10-Q and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network –

  • MIL-OSI: American National Launches Digital Experience for Do-It-Yourself Planners Seeking Guaranteed Growth through Annuities

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, March 18, 2025 (GLOBE NEWSWIRE) — Today American National Insurance Company announced it is now offering fixed annuity products through a simple, secure online platform in addition to its extensive network of professional agents and advisors. This innovative experience allows individuals to purchase American National’s Palladium® Multi-Year Guarantee Annuity (MYG annuity) through a do-it-yourself platform, providing them with guaranteed growth and protection from market exposure through a fast, easy digital experience.

    • A simple and secure application process takes less than 10 minutes online
    • A convenient, online customer account portal provides clients with 24-hour access
    • Annuities can be purchased starting with just $5,000
    • Guaranteed growth periods of 5, 7 or 10 years
    • Competitive, guaranteed interest rates

    For 120 years, American National has been a trusted partner in helping individuals protect their assets and secure their financial futures. As the financial landscape evolves, so do the needs and expectations of today’s consumers seeking greater control, flexibility and access to financial products. By offering its MYG annuity through an easy online experience, American National is responding to the growing number of self-directed planners by offering them the growth, stability and tax advantages they seek—all from a trusted, highly-rated carrier.

    “By making our MYG annuities available directly to consumers, we are empowering more people to use part of their retirement savings to protect against market ups and downs,” said Scott Campbell, Chief Client Experience Officer at American National. “The MYG annuity we offer through our new online experience is an excellent choice for DIY planners who want a simple and reliable way to grow their savings and secure their financial future.”

    The American National online platform complements the company’s partnerships with agents across the country serving a broad range of individuals who depend on their support for insurance and annuities. All American National annuities are backed by the company’s strong financial foundation and commitment to being a source of certainty for policyholders.

    For more information, visit Annuities.AmericanNational.com.

    MYG annuity withdrawals are subject to taxation and may incur surrender charges. Other restrictions apply. Form Series: MYG24; AI20 (Forms may vary by state). CA Form: MYG16(04). Not available in New York. Not a deposit. Not FDIC insured.

    ABOUT AMERICAN NATIONAL

    Founded in 1905 and based in Galveston, Texas, American National Insurance Company (American National) is dedicated to being a source of certainty for millions of Americans through a comprehensive range of wealth protection, retirement, and insurance products and services. American National combines our expertise and resources to cater to the diverse needs of our clients, guiding them towards financial security and peace of mind. For more information, visit our website at AmericanNational.com.

    Annuities, life insurance and other products and services are written through multiple companies. Property and casualty insurance is written through American National Property And Casualty Company, Springfield, Missouri, and affiliates. In New York, business is written through Farm Family Casualty Insurance Company, United Farm Family Insurance Company, and American National Life Insurance Company of New York, Glenmont, New York. Not all products and services are available in all states. Not all companies are licensed in all states. Each company has financial responsibility only for the products and services it issues.

    Contact:
     Katie Piretti
    AVP, Corporate Communications
    Katie.Piretti@AmericanNational.com

    The MIL Network –

  • MIL-OSI: CMBlu Energy, Inc. Announces Rubicon Professional Services as a Desert Blume Project Partner

    Source: GlobeNewswire (MIL-OSI)

    PETALUMA, Calif., March 18, 2025 (GLOBE NEWSWIRE) — CMBlu Energy, a leading battery technology company focused on developing and manufacturing a safe, sustainable, and secure long-duration energy storage system, announced today that it has selected Rubicon Professional Services (RPS) as a project partner for the design and engineering of Desert Blume. Announced in August 2023, Desert Blume is a 5-megawatt (MW), 10-hour-duration project developed in collaboration with Salt River Project (SRP), a community-based, not-for-profit public power utility serving the greater Phoenix metropolitan area. Located at SRP’s Copper Crossing Energy and Research Center in Florence, Ariz., Desert Blume is the largest organic, non-lithium energy storage project under active development in the United States, positioning SRP as the first U.S. electric utility to deploy CMBlu’s energy storage solution at this scale.

    CMBlu’s Organic SolidFlow battery technology combines a non-flammable, proprietary carbon-based solid energy storage material with water-based electrolytes, resulting in high energy density and improved performance. This technology delivers up to 5 to 10 times the energy density of conventional flow batteries, enabling a smaller footprint to operate and maintain for easy-to-deploy long-duration energy storage. Made from earth-abundant, readily available and recyclable materials, the Organic SolidFlow battery reduces reliance on rare metals and minimizes supply chain risks. CMBlu expects its battery system to cost-effectively store and deliver energy for two to three times longer per cycle than traditional lithium-ion batteries, which are typically designed for short-duration applications of up to four hours.

    For Desert Blume, battery modules are stacked three modules high on industrial racks within a building – a novel design requiring close coordination with our partners. RPS expertise is playing an integral role in the project’s realization.

    “With such an innovative design for the CMBlu Organic SolidFlow battery energy storage system, we needed a project partner that could work hand in hand with us to build the next generation of energy storage. We couldn’t be prouder to welcome RPS as our partner in this great endeavor,” said Giovanni Damato, President of CMBlu Energy, Inc. “Desert Blume represents a significant milestone and major step forward for developing non-lithium energy storage projects at scale and we look forward to building a safer, more sustainable battery project that can provide cost-effective energy reliability and resiliency to Arizonans.”

    “RPS is thrilled to partner with CMBlu on moving Desert Blume from design to approaching ‘boots on the ground,’” said Abbot Moffat, Director of Business Development with Rubicon Professional Services. “RPS has focused on critical infrastructure and BESS projects for years, so the development of non-lithium-ion long-duration storage solutions is something we’ve wanted to actively facilitate. CMBlu is at the forefront of this technology and is exactly the kind of company RPS values collaborating with. We’re confident that our extensive experience with lithium-ion BESS Projects, Data Centers, and Microgrids will translate to a smooth and successful project here with Desert Blume. In addition, SRP’s support of emerging technologies like CMBlu’s is something to celebrate.”

    Desert Blume is designed to store excess energy during the day and return that energy to SRP customers at night or when solar energy is not available. The project will store enough energy to power about 1,125 average homes for 10 hours.

    “We’re excited to see the Desert Blume pilot continuing to progress and have RPS join the project team,” said Chico Hunter, SRP Manager of Innovation and Development. “This project represents an important step in advancing long duration energy storage technology, which SRP will need to meet the significant customer growth in the Phoenix area, in the reliable, affordable and sustainable manner our customers expect.”

    A groundbreaking ceremony to celebrate the construction of Desert Blume will be held in 2025, with the project expected to come online in 2026.

    About CMBlu Energy

    CMBlu Energy empowers the world with unlimited energy storage inspired by nature. CMBlu’s first-of-a-kind Organic SolidFlow battery is a safe, sustainable, and secure long-duration energy storage system made from abundant and easily sourced raw materials, eliminating many concerns often associated with lithium-ion batteries. CMBlu Energy combines the best of solid-state batteries with the architecture of flow batteries, redefining flow battery performance. CMBlu Energy supports a localized supply chain, reducing dependence on imports and ensuring energy security. CMBlu has a team of over 250 employees, including 150 scientists in Germany, Greece, and across the U.S. For more information, visit www.cmblu.com.

    About RPS

    At RPS, our mission is to make our customers successful. We accomplish this by always focusing on their goals and objectives, regardless of the ‘issue of the day’. We sincerely value our clients and the relationships we have developed with them, and understand that the effective management of critical facility planning, engineering, and construction is essential to achieving our clients’ success.

    RPS provides an innovative approach to building or upgrading critical facilities. Whether an alternative energy projects, data center, R&D lab, or telecommunications hub, RPS focuses on the owner’s interests, develops strategy, assembles a top team of technical experts, subcontractors, and equipment vendors, and then expertly manages the entire process. Find out more at www.rubiconps.com.

    About SRP

    SRP is a community-based, not-for-profit public power utility and the largest electricity provider in the greater Phoenix metropolitan area, serving about 1.1 million customers. SRP provides water to about 2.5 million Valley residents, delivering more than 244 billion gallons of water (750,000 acre-feet) each year, and manages a 13,000-square-mile watershed that includes an extensive system of reservoirs, wells, irrigation laterals, and 131 miles of canals.

    Media Contact
    Nic Savo
    Silverline
    (203) 456-0843
    nic@teamsilverline.com

    The MIL Network –

  • MIL-OSI: Haman Group, one of The Largest Inbound Tour Operators in Scandinavia, Selects Flywire as its Exclusive International Payments Partner

    Source: GlobeNewswire (MIL-OSI)

    Flywire delivers streamlined, secure payment experiences for Authentic Scandinavia and Authentic Europe, two of the Haman Group’s leading travel brands

    Flywire integrates with Haman Group’s booking system to streamline payment processing and reconciliation for Haman’s businesses and international guests

    BOSTON, March 18, 2025 (GLOBE NEWSWIRE) — Today, Haman Group – one of the largest inbound tour operators in Scandinavia, announced it has selected Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, as the exclusive international payments partner for two of the Haman Group’s leading brands, Authentic Scandinavia and Authentic Europe. The partnership will enhance the payment experience for Haman Group’s growing international clientele and provide seamless integration into the company’s booking system for efficient payment processing and reconciliation.

    Recognized as one of the most innovative and respected travel brands in Scandinavia, Haman Group offers a wide range of services for travel agencies, groups and independent travelers. From personalised itineraries and specially curated tours to guaranteed departures, Haman is backed by more than 60 years of experience in creating unforgettable trips to Scandinavia and Europe and is supported by its five travel brands including Haman Scandinavia, Cities+Tours, Terra Nova Scandinavia, Authentic Scandinavia, and Authentic Europe.

    Prior to Flywire, Haman Group relied on a legacy payments system which created inefficiencies for the organization and guests alike. For example, manual invoicing didn’t provide clients with enough visibility into additional fees, and additional charges due to FX rates and fees sometimes surprised travelers when they got their bank or credit card statements.

    Seeking to overhaul the payments process for their international guests, Haman Group selected Flywire for a few key reasons:

    • Integrated with bookings system: Processing and reconciling payments has been streamlined because Flywire is integrated with Haman Group’s booking system. Payment reminders are sent automatically, and all payment processes are digitized.
    • Elevated guest experience: Flywire provides choice, convenience, and support. Haman Group’s guests pay in their local currency, with competitive exchange rates, and have access to 24×7 live support. Travelers are also confident their payments are secure.
    • Diverse payment options: Flywire automates the currency conversion, and the company receives 100% of their payments in the currency of their choice.

    “At Haman Group, our focus is on providing our guests with once in a lifetime travel experiences,” said Trude Sivertsen, director of sales and operations at Authentic Scandinavia. “And we know that these experiences start at the very first interactions with our guests, including their very first payment experiences. We feel confident that Flywire is the optimal extension of our brand, offering our guests flexible, localized payment options, and ensuring their booking and payment experience is effortless and secure. And as a critical benefit, we can optimize our internal processes, giving us more time to focus on crafting even more memorable travel experiences.”

    “We are honored to partner with The Haman Group and deliver exceptional payment experiences for their growing footprint of travel businesses,” said Colin Smyth, SVP and GM, Travel. “With Flywire, Haman Group can both meet the needs of their clients, and gain a number of operational efficiencies to help them focus on running their organization. And given Haman Group’s extensive reach throughout Scandinavia, Flywire is thrilled to scale our capabilities across the region.”

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

    About Haman Group

    Haman Group (est. 1964) offers a wide range of services for travel agencies, groups and independent travellers. From personalised itineraries and specially curated tours to guaranteed departures, we have over 50 years of experience in creating unforgettable trips to Scandinavia and Europe.

    The following five companies are part of Haman Group: Haman Scandinavia, Authentic Scandinavia, Authentic Europe, Terra Nova Scandinavia and Cities+Tours. Our colleagues are spread across five different offices. Our main offices are situated in Oslo and in Stockholm, and we also operate field offices in Tromsø, Gothenburg, Ramlösa and Cologne.

    Media Contact
    Sarah King
    Media@Flywire.com

    Investor Relations Contact
    Masha Kahn
    IR@Flywire.com

    Forward-Looking Statements

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its travel clients and business, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    The MIL Network –

  • MIL-OSI: CURRENC Group and ARC Group Jointly Launch $100 Million AI-Focused Infrastructure & Investment Fund

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced its plan to form an AI-focused investment fund in collaboration with ARC Group, a leading global investment bank (“CURR-ARC AI Fund 1” or the “Fund”). As the first of a series of initiatives in CURRENC’s strategic AI investment blueprint, CURR-ARC AI Fund 1 aims to raise up to $100 million and will invest in AI data center (AIDC), green energy, and computing power development, driving AI innovation and digital transformation globally.

    The Fund’s general partner is CURR-ARC GP Limited, a joint venture company owned 80% by CURRENC and 20% by ARC Group.

    The investment focus of the Fund will be as follows:
    1. Approximately 80% of the Fund will be dedicated to global investments in AI computing power and green energy infrastructure projects, including the first phase of CURRENC’s planned 500MW hyperscale AIDC in Malaysia.
    2. Approximately 20% of the Fund will target emerging enterprises in the fields of AI ecosystems, fintech, and AI-driven solutions.

    The Fund will benefit from the leadership of a seasoned team of technology and finance experts, as well as experienced asset managers and AIDC operators. Together, they will execute the Fund’s investment strategy.

    “The CURR-ARC AI Fund 1 is a transformative initiative in our strategy to create a robust, sustainable ecosystem that spans AIDCs, green energy, fintech, and AI-driven solutions,” said Alex Kong, Founder and Executive Chairman of CURRENC. “It will allow us to support both established leaders and emerging disruptors across industries, simultaneously fueling innovation in AI and sustainable technology. We’re confident that this investment will enable us to harness AI’s full potential and propel the digital transformation globally, creating substantial value for our stakeholders and society as a whole.”

    Abraham Cinta, CEO of ARC Group, added, “We are thrilled to partner with CURRENC Group to advance our shared vision for the future of global industries. With our combined expertise in technology and finance, we are well-positioned to shape the next generation of AI innovations, green energy infrastructure, and scalable computing solutions that will drive sustainable global development.”

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    About ARC Group
    ARC Group is a globally based investment bank and management consultancy firm, specializing in bridging Asia and the West. Our services encompass a full spectrum of financial solutions, including IPOs, M&A, financing, venture capital, and SPACs. ARC Group also includes an independent consulting division dedicated to addressing the unique challenges faced by companies operating across both Asian and Western markets. Headquartered in Hong Kong, with offices across Mainland China, the USA, Malaysia, Indonesia, Vietnam, India, Sweden, and the UAE, we are well-positioned to provide cross-border financial and advisory services.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: Vimeo Named a Top 5 Brand in Video Leadership in Fast Company’s Most Innovative Companies List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today announced it was named as a top 5 video company on Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025.

    This year’s list shines a spotlight on businesses shaping industry and culture through their innovations to set new standards and achieve remarkable milestones in all sectors of the economy. Vimeo was recognized for its achievements as an AI-powered video platform, as it continues adding innovative AI tools and capabilities that empower video storytelling efforts for businesses and creators. Over the past year, Vimeo has added several AI-powered features designed to deliver greater productivity and value, including automated video transcription, video captioning, social media clip generation, and video translation into 29 languages.

    “Video is becoming the language of the world, and we are honored to be recognized by Fast Company as one of the world’s most innovative companies,” said Philip Moyer, CEO of Vimeo. “We deliver the most cutting edge, secure, and scalable video and AI technologies to individual creators and to the largest companies in the world. From beautifully crafted films and global streaming, to new forms of marketing and deeply engaging education content, we protect and uplift video creators. The next generation of storytelling is arriving, and Vimeo is proud to be recognized for our leadership.”

    The World’s Most Innovative Companies stands as Fast Company’s hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company’s editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.

    “Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,” said Fast Company editor-in-chief Brendan Vaughan. “This year, we recognize companies that are harnessing AI in deep and meaningful ways, brands that are turning customers into superfans by overdelivering for them, and challengers that are introducing bold ideas and vital competition to their industries. At a time when the world is rapidly shifting, these companies are charting the way forward.”

    About Vimeo
    Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to better connect and bring ideas to life. We proudly serve our community of millions of users – from creative storytellers to globally distributed teams at the world’s largest companies – whose videos receive billions of views each month. Learn more at www.vimeo.com.

    About Fast Company
    Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.

    Press Contact:
    Frank Filiatrault
    frank.filiatrault@vimeo.com

    The MIL Network –

  • MIL-OSI: Overwatch Expands Cybersecurity Innovation with AI-Driven Hyper-Automation, Delivering Unfair Advantage to MSPs

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., March 18, 2025 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI) is redefining cybersecurity for Managed Service Providers (MSPs) and their customers by embedding hyper-automation and AI-driven security into its platform. Through strategic partnerships with SentinelOne (NYSE: S), D3 Security, and other industry leaders, High Wire – Overwatch does the hard, behind-the-scenes work so that partners and their customers receive a seamless, white-glove cybersecurity experience. This unfair advantage allows partners and customers to deliver enterprise-grade protection without the complexity or overhead of managing it themselves.

    “SentinelOne recognizes Overwatch is more than just a cybersecurity provider—we are an enabler of success for our partners,” said Ed Vasko, CEO of Overwatch. “As such, they want to partner with us to increase our revenue growth across their expanding portfolio. Because AI and automation are the foundation of a smarter, more efficient security ecosystem, we can scale revenue faster, keep costs flat, and provide better security. By doing the heavy lifting, we help our channel partners deliver powerful security outcomes without adding operational burden. Our focus on innovation is about adopting new technology that works at scale against the constant onslaught of multi-vector cyber-attacks across industries. It’s about leveraging AI and automation to streamline security operations, enhance threat detection, and reduce technical debt—giving our partners a true competitive edge.”

    Overwatch integrates AI-powered threat detection, automated response, and hyper-automation to eliminate inefficiencies and enhance security outcomes. By leveraging Managed Endpoint Detection and Response (MEDR), Managed eXtended Detection and Response (MXDR), and Security Orchestration Automation and Response (SOAR), Overwatch enables MSPs to activate services faster, streamline operations, and reduce technical debt—all while maintaining top-tier security.

    Through its partnership with SentinelOne, Overwatch provides next-generation Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) solutions.   

    With SentinelOne’s Singularity platform, Overwatch unifies cloud, endpoint, and firewall logs for seamless threat correlation. Leveraging Purple AI, the industry’s most advanced AI security analyst, we help our customers detect attacks earlier, respond faster, and stay ahead of them. Purple AI streamlines detection rule creation and threat hunting, reducing manual effort and enhancing visibility. Integrated vulnerability detection proactively identifies and mitigates risks by linking security gaps to active threats. 

    As a trusted partner in SentinelOne’s UXIP program, Overwatch is among a select group of companies granted firsthand access to beta features, user experience enhancements, and new product capabilities before they go to market. This exclusive partnership allows Overwatch to test, refine, and provide feedback on SentinelOne’s latest innovations, ensuring that our clients benefit from the most advanced security technologies as soon as they become available.

    “The combination of High Wire’s Overwatch MDR and MSSP services with SentinelOne’s AI security technology is a powerful one that will create significant value for customers,” said Brian Lanigan, SVP, Global Head of Partner Ecosystem, SentinelOne (NYSE: S). “Together, we can deliver innovations that empower security leaders to reimagine and revolutionize how they respond to emerging threats in ways that significantly reduce risk, speed decision-making, and free up their teams to focus on high-impact initiatives.”

    Overwatch’s partnership with D3 Security takes automation and orchestration to the next level. D3’s AI-powered platform integrates alerts from multiple security sources, allowing automated responses such as account lockdowns and password resets. SOAR connections enable Overwatch to execute security actions inside client networks without manual intervention, ensuring faster and more precise incident resolution.

    The combination of D3’s hyper-automation capabilities and Overwatch’s 24/7 Security Operations Center (SOC) means low-level alerts are handled automatically, while critical threats like ransomware trigger immediate, hands-on intervention. Overwatch’s white-glove approach ensures partners and customers never need to worry about cybersecurity gaps.

    Overwatch continues to push the boundaries of AI-driven security with D3’s Morpheus AI, set to launch in 2025. This next-generation AI SOC solution will revolutionize managed security by providing real-time detection, autonomous analysis, and rapid mitigation of cyber threats.

    High Wire Network’s commitment to innovation and hyperautomation transforms cybersecurity delivery and drives tangible business growth. By enabling partners to deliver enterprise-grade protection with greater speed, efficiency, and scalability, Overwatch creates a distinct competitive advantage in the marketplace. This strategic focus positions Overwatch to accelerate partner adoption, expand recurring revenue streams, and strengthen its overall market presence—delivering meaningful value to shareholders and supporting long-term growth objectives.

    About SentinelOne

    SentinelOne (NYSE: S) is a leading AI-powered cybersecurity platform. Built on the first unified Data Lake, SentinelOne empowers the world to run securely by creating intelligent, data-driven systems that think for themselves, stay ahead of complexity and risk, and evolve on their own. Leading organizations—including Fortune 10, Fortune 500, and Global 2000 companies, as well as prominent governments – trust SentinelOne to Secure Tomorrow™. Learn more at sentinelone.com.

    About High Wire Networks

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

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

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

    Forward-Looking Statements

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

    Media Contact:
    Lori Aleman
    Director of Marketing
    Phone: O: 630-635-8477 C: 602-920-0902
    Email: lori.aleman@highwirenetworks.com

    The MIL Network –

  • MIL-OSI: Jackery Showcases Smart Essential Home Backup Solutions & Energy-Efficient Upgrades at National Hardware Show 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, March 18, 2025 (GLOBE NEWSWIRE) — As spring kicks off and the season for home improvement gets underway, homeowners are focusing on upgrades that enhance efficiency, resilience, and sustainability. Jackery, a leader in reliable and innovative renewable energy solutions, is set to exhibit at the National Hardware Show 2025 in Las Vegas, showcasing cutting-edge essential home backup solutions designed to make homes smarter, stronger, and better prepared for any emergency.

    With extreme weather events and power disruptions becoming more frequent, Jackery continues to innovate, ensuring people have high-capacity, easy-to-use backup power solutions that not only provide peace of mind during outages, but also support long-term energy efficiency upgrades. Whether people are looking to modernize their energy systems, reduce electricity costs, or prepare for the unexpected, Jackery offers the perfect seasonal home upgrade for 2025.

    At the show, Jackery will showcase its industry-leading solar generator lineup, designed to power essential home functions during blackouts, storms, and emergencies. These plug-and-play, solar-compatible solutions keep refrigerators running, lights on, and communication devices charged—ensuring uninterrupted comfort and security when the grid goes down.

    Jackery’s Latest Innovations on Display

    Jackery’s 5000 Plus Essential Home Backup Kit – A Smarter Approach to Backup Power

    The modern alternative to whole-home energy storage systems. Designed for seamless, automatic backup, this high-capacity solar generator integrates with a Smart Transfer Switch to instantly restore power to essential appliances—keeping refrigerators, lights, WiFi routers, and other electronics running without interruption. Unlike traditional backup systems, the 5000 Plus is modular, allowing homeowners to expand their energy storage over time—a flexible, cost-effective solution that grows with their needs.

    This smart system makes it possible to save more with every charge. With the ability to prioritize solar charging and schedule charging during off-peak hours, users can optimize energy usage and cut electricity costs by up to 30% per month. When battery levels are above a set threshold, Jackery’s 5000 Plus Essential Home Backup Kit prioritizes solar charging; if they drop below, it seamlessly switches to hybrid solar + AC charging. Scheduled charging shifts energy consumption to lower-cost nighttime rates, maximizing savings.

    Plus, when not in use for essential home backup, the 5000 Plus transforms into a portable solar generator, perfect for job sites, DIY projects, and outdoor adventures.

    Jackery Solar Roof – The Future of Aesthetic, Integrated Solar Energy

    For homeowners investing in energy efficiency and cost-saving upgrades, the Jackery Solar Roof seamlessly combines form and function. The first-ever and only curved solar tiles available in the U.S., this sleek innovation blends into modern and traditional architecture while delivering industry-leading solar efficiency of over 25%. Designed to withstand extreme weather conditions, the Jackery Solar Roof helps homeowners future-proof their energy consumption and lower electricity bills, all while maintaining the architectural integrity of the home.

    Jackery HomePower 3000 – The Essential Home Backup for Every Household

    As homeowners look to spring and summer home upgrades that enhance reliability, efficiency, and resilience, the Jackery HomePower 3000 stands out as a must-have essential backup solution for any home. With a massive 3,072Wh capacity and 3,600W output (7,200W peak), it delivers seamless power to critical appliances, ensuring uninterrupted comfort and security during blackouts, storms, and emergencies. Designed for effortless plug-and-play use, it requires no installation, making it a versatile and cost-effective alternative to complex whole-home backup systems. With an ultra-fast UPS (≤20ms switching), the HomePower 3000 instantly detects and responds to power outages, keeping refrigerators, lights, and communication devices running without interruption. Its solar-ready compatibility also allows users to harness renewable energy for long-term savings and sustainability. Built with a durable, long-lasting LiFePO4 battery, the HomePower 3000 is engineered for safety, reliability, and all-season performance—making it a smart and practical home upgrade for those preparing for unpredictable weather, rising energy costs, and the need for greater energy independence.

    Upgrade Your Home This Season with Jackery – Visit Booth #W1001

    Spring and summer aren’t just about cosmetic upgrades—they’re the perfect time to invest in practical improvements that enhance home efficiency, resilience, and comfort. Jackery’s Essential Home Backup solutions offer energy independence, affordability, and peace of mind, ensuring people are prepared for outages while reducing reliance on the grid.

    Attendees at National Hardware Show 2025 can visit Booth #W1001 for a hands-on experience and to gain expert insights on integrating Jackery’s portable solar power solutions into their emergency preparedness and home upgrade plans.

    For more information about Jackery and its lineup of solar generators, visit www.jackery.com.

    About Jackery:

    Founded in California in 2012, Jackery is a leader in innovative solar generators and renewable energy solutions. Offering a diverse range of products from compact 100W units to robust 123kWh energy storage systems for whole-home backup, Jackery combines cutting-edge technology with a steadfast commitment to sustainability. Dedicated to providing reliable, renewable energy solutions, Jackery prioritizes convenience, trust, energy independence, and environmentally responsible practices. With over 150,000 five-star reviews, Jackery has earned the trust of customers worldwide. As of mid-year 2024, Jackery solar panels sold have saved 760 million kilowatt-hours of electricity and reduced carbon emissions by 758,000 tons—equivalent to the annual carbon emissions of a medium-sized city. To learn more, check out Jackery on Facebook, Instagram, X, YouTube, and LinkedIn.

    MEDIA CONTACTS
    ICR
    jackery@icrinc.com

    Rachel Stotts
    rachel.stotts@jackery.com

    The MIL Network –

  • MIL-OSI: IDT Corporation to Present at Sidoti Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, March 18, 2025 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, will present at the Sidoti Virtual Investor Conference that will be held on March 19th and 20th, 2025.

    Marcelo Fisher, Chief Financial Officer, will present at 10:45 AM Eastern time on Wednesday, March 19th. His presentation will provide an overview of IDT’s operations, strategy, and financial results. Mr. Fischer will also host one-on-one investor meetings throughout both days of the conference.

    The IDT presentation can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_WzrWFhVxTyWLK2-SZOALTg.

    To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free.

    All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network –

  • MIL-OSI: Preferred Bank Announces Approval to Continue Share Repurchase Plan

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $84.3 million of its common stock during 2023 and 2024, however regulatory approval expired in January of 2025. As a state, non-member Bank that issues its common stock at the bank level (no holding company), Preferred Bank is required to seek regulatory approval to engage in transactions that either increase or decrease capital. The shareholder and regulatory approvals to repurchase the remaining $65.7 million of common stock will expire in May of 2025.

    During this repurchase program, the Bank has repurchased 1.3 million shares at an average price of $63.94 per share. Stock repurchases under this Plan will be made in the open market.

    About Preferred Bank

    Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Bank conducts its banking business from its main office in Los Angeles, California, and through twelve full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine (2), Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)). The Bank also operates a branch in Flushing, New York and in the Houston suburb of Sugar Land, Texas as well as a Loan Production Office in Sunnyvale, California. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.

    AT THE COMPANY:   
    Edward J. Czajka               
    Executive Vice President 
    Chief Financial Officer     
    (213) 891-1188

    AT FINANCIAL PROFILES:        
    Jeffrey Haas
    General Information
    (310) 622-8240
    PFBC@finprofiles.com

    The MIL Network –

  • MIL-OSI: FE International Advises on the Acquisition of Cloud Orca by Cooper Parry

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) — FE International, a leading global M&A advisor for technology businesses, is pleased to announce the acquisition of Cloud Orca, a leading a UK-based Salesforce Summit Partner, by Cooper Parry, a next-gen accountancy and business advisory firm.

    Founded by two entrepreneurs with backgrounds in sales and military service, Cloud Orca specializes in cloud-based CRM, marketing automation, and revenue management solutions. As a fast-growing Salesforce Summit Partner, Cloud Orca has successfully completed 400+ Salesforce projects since its inception and holds 25 Salesforce certifications. The company serves clients across industries such as financial services, high-tech, retail, and life sciences, delivering tailored digital transformation solutions that enhance business operations.

    Cooper Parry, a UK-based accountancy and business advisory firm with a strong presence in digital transformation, backing Cloud Orca will enhance the organization’s ability to support the financial operations of their clients. This acquisition positions Cooper Parry at the forefront of CRM-driven business solutions, as Salesforce continues to lead the CRM software market with a 23% market share. This also means that the firm will be introduced to a new sea of partnerships while providing advanced technical infrastructure and expertise in Salesforce implementation, training and development, support and maintenance, and custom development.

    “This Cloud Orca deal is a massive leap forward in our tech offering. It ticks tons of the right boxes: market reputation, powerful culture, huge growth, and a passion for sustainability. The fit is spot on. As we create the UK’s next-gen accountancy firm, the landing of such an impressive anchor firm in the digital and tech space is brilliant news. What a way to start the new financial year! And the great thing is, there’s plenty more on the horizon.” said Ade Cheatham, CEO of Cooper Parry, in their press release.

    A key aspect of this transaction is Cooper Parry’s commitment to preserving Cloud Orca’s operational autonomy. Ed Rowland, CEO of Cloud Orca, and Tony Di Carlo, COO, will continue to lead the company, ensuring that clients receive the exceptional service they have come to expect.

    FE International executed a competitive sale process, garnering multiple offers from industry-leading buyers. “Cloud Orca’s impressive growth and expertise in Salesforce made this a highly sought-after opportunity. At FE International, we are deeply familiar with the Salesforce ecosystem, allowing us to successfully execute a competitive sale process that aligned Cloud Orca with the right strategic partner,” said Jake Olivieri, Partner at FE International.

    For more information about FE International and its role in technology M&A, visit www.feinternational.com.

    About FE International

    Founded in 2010, FE International is a globally recognized M&A advisor specializing in SaaS, e-commerce, and digital media businesses. With over 1,500 transactions completed and a total deal value exceeding $50 billion, FE International has been named one of The Americas’ Fastest Growing Companies by the Financial Times from 2020 to 2024 and is a four-time Inc. 5000 company.

    About Cloud Orca

    Cloud Orca is a leading Salesforce consultancy that specializes in digital transformation through CRM solutions, marketing automation, and revenue management. As a Salesforce Summit Partner, Cloud Orca delivers tailored solutions to businesses looking to optimize their operations, enhance customer experiences, and drive sustainable growth. The company is dedicated to providing expert guidance and innovative technology solutions that empower businesses to maximize their Salesforce investment. For more information, visit www.cloudorca.com

    About Cooper Parry

    Cooper Parry is a UK-based accountancy and business advisory firm that is redefining the industry with its innovative and people-first approach. Specializes in providing disruptive financial and business advisory services, with a strong focus on digital transformation, IT integration, and technology-driven solutions. Cooper Parry partners with ambitious businesses to help them scale, optimize financial performance, and navigate complex digital landscapes. For more information, visit www.cooperparry.com

    Media Contact:

    Gaj Tanwar
    Marketing Coordinator, FE International
    Email: gaj.tanwar@feinternational.com

    The MIL Network –

  • MIL-OSI: Swiss Re to sell 10.05% stake in Definity Financial for CAD 655 million

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 18, 2025 (GLOBE NEWSWIRE) — Swiss Re announced an agreement to sell 11,647,217 common shares (“Common Shares”) of Definity Financial Corp. (TSX: DFY) (“Definity”) representing approximately 10.05% of the issued and outstanding Common Shares as of March 17, 2025 (the “Offering”).

    The Common Shares are being sold by Swiss Re Investment Holdings Company Ltd on an underwritten block trade basis at a price of CAD 56.20 per Common Share for aggregate cash proceeds of approximately CAD 655 million. The Offering has been underwritten by CIBC Capital Markets and National Bank Financial Inc. (the “Underwriters”) and is expected to close on March 19, 2025.

    Immediately before the Offering, Swiss Re owned 11,647,217 Common Shares, representing approximately 10.05% of the issued and outstanding Common Shares. After giving effect to the Offering, Swiss Re will no longer hold any Common Shares.

    “We are very impressed with the significant progress Definity has made since its IPO in November 2021 and continue to value the ongoing business relationship with the Company. Swiss Re continues to be a strong believer in Definity’s path towards becoming a leading P&C insurer in Canada,” said Andreas Berger, Swiss Re’s Group Chief Executive Officer. “The sale was done in the context of a regular review and rebalancing of Swiss Re’s investment portfolio and is consistent with the Group’s overall investment strategy across equity and alternative investments.”

    Swiss Re’s head office is located at Mythenquai 50/60 8002 Zurich, Switzerland. Swiss Re will file an early warning report with the securities regulators in each of the provinces and territories of Canada with respect to the foregoing matters pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the Common Shares sold, a copy of which will be available under Definity’s profile on SEDAR+ at www.sedarplus.ca. For further information and/or a copy of the related early warning report to be filed, please contact James Raphael at +1 212 317 5428. Definity’s head office is located at 111 Westmount Road South, Waterloo, Ontario N2L 2L6.

    About Swiss Re
    The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

    Media Relations
    Zurich
    Telephone +41 43285 7171

    New York
    Telephone +1 914 828 6511

    Investor Relations
    Telephone +41 43 285 4444

    Swiss Re Ltd
    Mythenquai 50/60
    CH-8022 Zurich
    Telephone +41 43 285 2121

    www.swissre.com
    @SwissRe

    Contact person
    Mark Bonthrone
    Mark_Bonthrone@swissre.com
    +1 646 662 0212

    Additional information
    For press releases, logos and photography
    of Swiss Re executives,
    directors or offices go to
    www.swissre.com/media

    The MIL Network –

  • MIL-OSI: CSW Industrials Announces Definitive Agreement to Acquire Aspen Manufacturing for $313.5 Million, Executing Disciplined Capital Allocation and Strategic Expansion in the HVAC/R End Market

    Source: GlobeNewswire (MIL-OSI)

    Aspen Manufacturing Acquisition Highlights

    • Continues the expansion of existing product portfolio in the profitable heating, ventilation, air conditioning, and refrigeration (HVAC/R) end market with the addition of evaporative coils and air handler offerings
    • Aligns with previously established acquisition criteria to leverage existing distribution channels, increase our market share in HVAC/R end market, expand products offerings, and grow share of wallet with our existing customers
    • All of Aspen’s products are designed, engineered and manufactured in the United States
    • Valuation represents approximately 11x Aspen Manufacturing’s estimated 2024 adjusted EBITDA
    • Expected to be immediately accretive to CSWI’s EPS and EBITDA
    • Transaction economics allow CSWI to maintain a strong balance sheet and ample liquidity to continue executing on growth strategy

    DALLAS, March 18, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) and Aspen Manufacturing announced today the execution of a definitive agreement under which CSWI will acquire Aspen Manufacturing for approximately $313.5 million in cash, subject to customary post-closing adjustments. The proposed purchase price is approximately 11x Aspen Manufacturing’s estimated 2024 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.5 million. CSWI anticipates funding the transaction with a combination of cash on hand and debt under its existing $500 million credit facility, with closing expected to occur in the first quarter of CSWI’s 2026 fiscal year following the satisfaction of customary closing conditions, including the expiration or termination of any waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

    Aspen Manufacturing, based in Humble, Texas, with estimated 2024 revenues of $122.4 million, is one of the largest independent evaporator coil and air handler manufacturers for the HVAC/R industry and is a recognized leader in product quality and indoor comfort. All of Aspen’s products are designed, engineered, and assembled in the United States. Aspen’s current product suite includes a vast range of high-quality residential and light commercial evaporator coils, blowers, and air handling units for single-family, multi-family, and manufactured homes.

    Aspen Manufacturing is uniquely positioned to serve its customers with the current refrigerant transition, having the ability to manufacture legacy (R-410a) and new refrigerant (R-32 and R-454B) rated products, leveraging both copper and aluminum heat transfer technologies. It is well positioned to enable distributors and contractors to service legacy air conditioning systems that have a failed coil or air handler without having to replace the overall system. Moreover, Aspen has been effective in supporting HVAC OEMs with the production of service coils and niche products to serve specific geographies and more effectively meet customer demand.

    Joseph B. Armes, Chairman, President, and Chief Executive Officer of CSW Industrials, said, “I am pleased to announce that we have entered into a definitive agreement to acquire Aspen Manufacturing. This acquisition will allow CSWI to expand our existing HVAC/R product portfolio with an innovative portfolio of high-caliber evaporator coils and air handlers, while building on our existing HVAC/R end market leadership position. With our market knowledge and investment in people, systems, and processes, CSWI is uniquely positioned to accelerate Aspen’s growth strategy. This acquisition will enable us to continue driving above market, profitable growth, and deliver value to our shareholders.”

    Jeff Underwood, Senior Vice President of CSWI and General Manager, Contractor Solutions, commented, “I am eagerly looking forward to Aspen joining the RectorSeal family and our lineup of high-quality HVAC/R, plumbing and electrical products. I have had a chance to form strong relationships with Aspen’s leadership team over the years and know that the team shares our values on how to treat customers and team members. The combined organization will allow us to better serve distributors and contractors with segment-leading products.”

    A presentation with more information about this acquisition is available on CSW’s website at https://cswindustrials.gcs-web.com.

    Safe Harbor Statement
    This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations, and financial performance and condition.

    The forward-looking statements included in this press release are based on our current expectations, projections, estimates, and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

    This press release contains estimated results of Aspen Manufacturing for the calendar year 2024 (the “estimated results”). The estimated results are forward-looking statements based on Aspen Manufacturing’s management’s preliminary, unaudited results as of the date hereof, and Aspen Manufacturing’s actual results may be materially different from the estimated results. We assume no obligation to update any forward-looking statement as a result of new information, future events or other factors. Accordingly, you should not place undue reliance on the estimated results. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to the estimated results and does not express any opinion or any other form of assurance with respect thereto.

    All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

    About CSW Industrials
    CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com. 

    Investor Relations

    Alexa Huerta
    Vice President, Investor Relations, & Treasurer
    214-489-7113
    alexa.huerta@cswindustrials.com

    The MIL Network –

  • MIL-OSI: Helport AI Expands AI Solutions for the Insurance Industry with Enhanced Insurance Edition

    Source: GlobeNewswire (MIL-OSI)

    Collaboration with Five Insurance Agencies to Pilot Upgraded AI-Powered Software

    SINGAPORE and SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, announced today the official launch of the latest upgraded version of Helport AI Insurance Edition, an AI-powered solution designed specifically for the insurance sector.

    Helport AI has been serving insurance providers for years, offering AI-driven tools designed to optimize customer interactions, streamline claims processes, and enhance policy management. Building on this experience, the enhanced Insurance Edition software introduces new capabilities tailored for broader adoption across the U.S. market.

    As a key milestone for the Company, Helport AI has secured partnerships with five independently owned U.S. insurance agencies, all operating under a nationally recognized, top ten-ranked insurance franchise, to pilot the solution. The AI-powered platform is designed to improve policy recommendations, enhance operational efficiency, and provide real-time compliance monitoring—ultimately aiming to transform how insurance agencies interact with customers.

    Advancing AI Adoption in the Insurance Industry

    The insurance sector presents unique challenges, due to its complex regulatory requirements, broad product offerings, and reliance on expertise-driven decision-making. Traditional training models often lead to inconsistencies in service quality and extended onboarding times for new agents.

    Helport AI Insurance Edition, which initially targeted home and auto insurance sales, seeks to address these challenges by offering a series of capabilities that include:

    • AI-driven expertise: Industry-trained AI assists with policy analysis, risk assessment, claims consultation, and compliance interpretation, providing agents a tool to operate with expert-level knowledge.
    • Smart marketing and personalized recommendations: AI-powered analytics enhances customer profiling and product recommendations, helping improve conversion rates while adapting to client needs.
    • Real-time compliance and risk management: The platform assists with regulatory compliance by offering full-process oversight, which is expected to reduce human errors and strengthen trust between insurers and clients.
    • Data-driven business optimization: AI continuously analyzes customer conversations, feedback, and market trends, offering actionable insights to improve operational efficiency.

    Building on Our Track Record in Insurance AI

    With deployments across both Asian and U.S. insurance markets, Helport AI continues to expand AI adoption in the financial services sector. The upgraded Insurance Edition represents a significant leap forward, as agencies increasingly turn to AI to improve efficiency, enhance customer experiences, and streamline compliance processes.

    “The insurance industry has long relied on experience-based decision-making, but AI is now reshaping the landscape,” said Guanghai Li, CEO of Helport AI. “With our enhanced Helport AI Insurance Edition, we aim to equip insurance professionals with AI-powered expertise that improves service quality, drives sales, and simplifies compliance. With the launch of the new Insurance Edition, we hope to bring a new wave of AI-driven transformation.”

    Expanding AI Across Industries

    Beyond insurance, Helport AI has deployed industry-specific AI solutions across Business Process Outsourcing (“BPO”) call centers, consumer financing and debt collection, mortgage lending, and government services. With a foundation in sector-specific AI models, the Company is actively exploring future applications in healthcare, human resources and recruitment, and real estate.

    AI-Powered Transformation for the Insurance Industry

    The launch of the enhanced Helport AI Insurance Edition is anticipated to further strengthen Helport AI’s position in AI innovation within the insurance sector. By leveraging its AI technologies, the Company expects to continue to reshape how insurers operate, helping them make data-driven decisions, automate complex processes, and elevate customer interactions.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Expion360 to Host Fourth Quarter and Full Year 2024 Financial Results Conference Call on Monday, March 31, 2025 at 4:30 p.m. Eastern Time

    Source: GlobeNewswire (MIL-OSI)

    REDMOND, Ore., March 18, 2025 (GLOBE NEWSWIRE) — Expion360 Inc. (Nasdaq: XPON) (the “Company”), an industry leader in lithium-ion battery power storage, will hold a conference call on Monday, March 31, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2024, and review ongoing initiatives and anticipated 2025 milestones. A press release detailing these results will be issued prior to the call.

    Expion360 Chief Executive Officer Brian Schaffner will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.

    To access the call, please use the following information:

    A telephone replay will be available approximately three hours after the call and will remain available through April 14, 2025, by dialing 1-844-512-2921 from the U.S., or 1-412-317-6671 from international locations, and entering replay pin number: 10196334. The replay can also be viewed through the webcast link above and the presentation utilized during the call will be available via the investor relations section of the Company’s website here.

    About Expion360

    Expion360 is an industry leader in premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles and marine applications, with residential and industrial applications under development. On December 19, 2023, the Company announced its entrance into the home energy storage market with the introduction of two premium LiFePO4 battery storage systems that enable residential and small business customers to create their own stable micro-energy grid and lessen the impact of increasing power fluctuations and outages.

    The Company’s lithium-ion batteries feature half the weight of standard lead-acid batteries while delivering three times the power and ten times the number of charging cycles. Expion360 batteries also feature better construction and reliability compared to other lithium-ion batteries on the market due to their superior design and quality materials. Specially reinforced, fiberglass-infused, premium ABS and solid mechanical connections help provide top performance and safety. With Expion360 batteries, adventurers can enjoy the most beautiful and remote places on Earth even longer.

    The Company is headquartered in Redmond, Oregon. Expion360 lithium-ion batteries are available today through more than 300 dealers, wholesalers, private-label customers, and OEMs across the country. To learn more about the Company, visit expion360.com.

    Company Contact:
    Brian Schaffner, CEO
    541-797-6714
    Email Contact

    External Investor Relations:
    Chris Tyson, Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    XPON@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI: Primech AI Launches Hytron Lite Smart Cleaning Robot — Optimized for Narrow Spaces and Speed

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the launch of its latest innovation, the Hytron Lite autonomous bathroom cleaning robot. This compact version of the successful Hytron robot is specifically engineered for smaller spaces while maintaining the advanced technological capabilities of its predecessor.

    The new Hytron Lite, featuring the powerful NVIDIA Jetson Orin Nano Super System-on-Module (SoM), represents a significant advancement in Primech AI’s mission to revolutionize the cleaning industry. At 30% smaller than the original Hytron, this compact model is specifically designed to address the unique challenges of urban environments where space is at a premium.

    [Images: Two Hytron robots featuring white and red design elements positioned side by side, showcasing the size difference between the original Hytron and the new Hytron Lite model. Both robots display articulated cleaning arms covered in white protective material.]

    “In developing the Hytron Lite, we drew inspiration from successful compact versions of popular technology products, similar to how Apple approached the iPhone SE,” said Charles Ng, Chief Operating Officer of Primech AI. “Our goal was to bring the same powerful cleaning capabilities to smaller spaces without compromising performance or technological sophistication.”

    The Hytron Lite leverages the same cutting-edge NVIDIA technology suite as its larger counterpart. At its core, the robot is powered by the NVIDIA Jetson Orin Nano Super, delivering enhanced AI processing and efficiency for optimal performance. This is complemented by the CUDA parallel computing platform, which easily handles complex computational tasks, while the CuDNN deep learning neural network library enables sophisticated decision-making capabilities. The system’s performance is further optimized through TensorRT for neural network deployment, with the NVIDIA Driver ensuring seamless integration across all components.

    Despite its reduced size, the Hytron Lite retains all the advanced features that made its predecessor successful. The robot employs sophisticated smart navigation and environmental sensing systems, operating with remarkable energy efficiency while enabling comprehensive remote monitoring capabilities. Its innovative design incorporates contact-based and contactless cleaning technology and enhanced 3D space cleaning capabilities, ensuring thorough sanitization of all surfaces. The addition of an interactive display interface provides intuitive user engagement and real-time status updates.

    The compact design of the Hytron Lite makes it an ideal solution for a wide range of urban environments. The robot excels in small public restrooms within shopping malls and easily navigates narrow bathroom facilities in office buildings. Its versatility extends to compact washrooms in hotels and restaurants, while its efficient operation proves particularly valuable in space-constrained transportation hubs. The adaptable design also makes it well-suited for educational institutions with varied facility sizes, ensuring effective cleaning solutions across different spatial configurations.

    “The introduction of the Hytron Lite demonstrates our commitment to innovation and adaptability in the cleaning industry,” added Mr. Ng. “By maintaining the same powerful NVIDIA technology in a more compact form factor, we’re ensuring that even the smallest facilities can benefit from our autonomous cleaning solutions.”

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: LPL Welcomes Legacy Premier Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 18, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Larry Hubbard, APMA™, Craig Conner, CFP®, APMA™, ChFC®, BFA™, and Jade Maasch, CFP®, BFA™, APMA™, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $275 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

    The advisors are longtime colleagues who teamed up to create a full-service wealth management firm dedicated to helping motivated clients understand their entire financial picture. Formerly Alliance Financial Partners, the team has rebranded as Legacy Premier Wealth Management with the move to LPL. They are based out of Greeley, Colo., and Cheyenne, Wyo., and are supported by Chief Operating Officer Rob Timme.

    “We’re passionate about helping create a lasting legacy for our clients and their families,” Hubbard said. “Our mission is to educate and empower our clients, helping them navigate financial decisions with confidence.”

    As the team continued to evolve, the advisors sought a new firm that would best support their vision for the future. Their due diligence process led them to LPL.

    “By making this move, we have the flexibility to grow the practice in a way that will be seamless and non-disruptive for clients and our staff,” Hubbard said. “LPL does not offer proprietary investment products, which allows us to provide the products and services our clients need. Additionally, we appreciate LPL’s size and scale, along with its integrated, open architecture platform where we can access everything we need with a single sign-on.”

    The team is committed to building long-term relationships with both clients and their communities. They actively volunteer with United Way of Weld County, Kiwanis, Muley Fanatic Foundation, Michael Ray Lee Foundation, Rocky Mountain Elk Foundation and American Cancer Society.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Larry, Craig and Jade to the LPL community and congratulate them on the launch of Legacy Premier Wealth Management. Advisors who join LPL have access to dedicated support teams and integrated capabilities that allow them to run high-performing practices, maintain operational efficiency and focus on their clients. We look forward to supporting the entire Legacy team for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Legacy Premier Wealth Management and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #707704

    The MIL Network –

  • MIL-OSI: Delinea Nears $400M, Demonstrating Strong Growth In Securing AI with Advanced Identity Security

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) — Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, today announced the close of its 2024 fiscal year with several key achievements, cementing its leadership in identity security. The company delivered annual recurring revenue (ARR) approaching $400 million, with recurring revenue now comprising 95% of Total GAAP Revenue. Additionally, Delinea continued to grow its SaaS ARR, representing the majority of total ARR, demonstrating the value its cloud-native platform brings to its customers, particularly as organizations require advanced identity security solutions to secure AI-driven systems.

    Delinea also continued to achieve an operating profile that reflects its ability to drive profitable growth, showcasing its strength in executing a sustainable business model. To build on this momentum and drive continuous innovation in a rapidly evolving market, the company is expanding its global footprint to Mexico City. This strategic investment allows the company to build centralized teams, increase capacity, and scale operations more efficiently, strengthening its position as a leader in identity security.

    “2024 was a transformative year for our industry, with AI rapidly reshaping how organizations operate and intensifying the need for advanced identity security,” said Art Gilliland, Chief Executive Officer of Delinea. “We’re committed to staying ahead of this shift, helping customers secure AI-driven systems and adapt to emerging threats. Expanding to Mexico City is a key part of our strategy to foster innovation, enhance collaboration, and scale operations, ensuring we continue to deliver the solutions our customers need to thrive in an evolving digital landscape.”

    To further accelerate its growth and innovation roadmap, Delinea has strengthened its leadership team with key executive hires:

    • Chris Kelly, President – A visionary leader with deep expertise in enterprise software growth and strategy, bringing valuable experience from his tenure at CyberArk.
    • Pierre Mouallem, Chief Information Security Officer (CISO) – A seasoned security expert dedicated to strengthening Delinea’s cybersecurity leadership with a proven track record from SailPoint.
    • Missy Ballew, Chief People Officer – An accomplished people leader with extensive experience scaling high-growth SaaS companies, including time at Hewlett Packard, focused on driving talent and culture to support Delinea’s expansion.

    “Our execution remains strong, driven by high market demand for our solutions,” said Stephanie Reiter, Chief Financial Officer at Delinea. “With ARR approaching $400 million and our SaaS business at the forefront, we are well-positioned to continue shaping the future of identity security for modern enterprises – especially as AI adoption accelerates.”

    To learn more about the Delinea Platform, visit: https://delinea.com/products

    About Delinea

    Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization. Our solutions empower organizations to seamlessly govern interactions across the modern enterprise, ensuring robust security while maintaining operational efficiency. Leveraging AI-powered intelligence, Delinea’s cloud-native Identity Security Platform applies context across the entire identity lifecycle — from cloud and infrastructure to data, SaaS, and AI – enabling real-time threat detection and rapid response. By securing all users and identities — including workforce, IT admin, developers, and machines — Delinea guarantees secure access regardless of location or device. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a guaranteed 99.99% uptime, Delinea delivers security and efficiency without compromise. Learn more about Delinea on delinea.com, LinkedIn, X, and YouTube.

    Media Contact 
    Justin Ordman
    Corporate Communications Director 
    justin.ordman@delinea.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d824fd94-e074-4f61-a7ab-3951dbbc0d72

    The MIL Network –

  • MIL-OSI: Alto Ingredients, Inc. Directors to Not Stand for Reelection

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that two long-standing directors, Douglas L. Kieta and Michael D. Kandris, have decided they will not stand for reelection to the Alto Ingredients Board of Directors at the company’s 2025 Annual Meeting of Stockholders, scheduled for June 25, 2025.

    Bryon McGregor, President and Chief Executive Officer of Alto Ingredients said “Doug and Mike have been exceptional board members, and they have provided excellent service to the company and our stockholders. Doug’s depth and breadth of experience, intellectual curiosity, technical acumen, and unwavering determination has been pivotal to the many improvements and successes at Alto. Mike’s dedication to excellence as a board member, his sound leadership as Chief Operating Officer and CEO, and personal approach will leave an enduring positive impact on Alto’s culture and employees. On behalf of everyone at Alto Ingredients, I want to extend a heartfelt thanks to Doug and Mike for their remarkable years of service.”

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
    Statements and information contained in this communication that refer to or include Alto Ingredients’ estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients’ current perspective of existing trends and information as of the date of the communication. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements concerning Alto Ingredients’ projected outlook and future performance, including the timing and effects of its cost savings initiatives and its acquisition of a liquid carbon dioxide processor adjacent to its Columbia plant; Alto Ingredients’ capital projects, including its carbon capture and storage (CCS) project and opportunities to optimize carbon; and Alto Ingredients’ other plans, objectives, expectations and intentions. It is important to note that Alto Ingredients’ plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Alto Ingredients’ current expectations depending upon a number of factors affecting Alto Ingredients’ business and plans. These factors include, among others adverse economic and market conditions, including for renewable fuels, specialty alcohols and essential ingredients; export conditions and international demand for the company’s products; fluctuations in the price of and demand for oil and gasoline; raw material costs, including production input costs, such as corn and natural gas; adverse impacts of inflation and supply chain constraints; and the cost, ability to fund, timing and effects of, including the financial and other results deriving from, Alto Ingredients’ repair and maintenance programs, plant improvements and other capital projects, including CCS, and other business initiatives and strategies. These factors also include, among others, the inherent uncertainty associated with financial and other projections and large-scale capital projects, including CCS; the anticipated size of the markets and continued demand for Alto Ingredients’ products; the impact of competitive products and pricing; the risks and uncertainties normally incident to the alcohol production, marketing and distribution industries; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Alto Ingredients’ facilities, products and/or businesses; changes in laws, regulations and governmental policies, including with respect to the Inflation Reduction Act’s tax and other benefits Alto Ingredients expects to derive from CCS; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Alto Ingredients’ filings with the Securities and Exchange Commission including, specifically, those factors set forth in the “Risk Factors” section contained in Alto Ingredients’ Quarterly Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2025.

    Company IR and Media Contact:
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755
    Investorrelations@altoingredients.com

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777
    altoinvestor@allianceadvisors.com

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