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Category: GlobeNewswire

  • MIL-OSI: $TOCKHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger – TGI, VOXX, ML, SKGR

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 08, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Triumph Group, Inc. (NYSE: TGI), relating to the proposed merger with Warburg Pincus and Berkshire Partners. Under the terms of the agreement, shareholders of Triumph will receive $26.00 per share in cash.

    Click here for more https://monteverdelaw.com/case/triumph-group-inc-tgi/. It is free and there is no cost or obligation to you.

    • VOXX International Corporation (NASDAQ: VOXX), relating to the proposed merger with Gentex Corporation. Under the terms of the agreement, Gentex will acquire all issued and outstanding shares of VOXX common stock not already owned by Gentex for $7.50 per share.

    ACT NOW. The Shareholder Vote is scheduled for March 31, 2025.

    Click here for more https://monteverdelaw.com/case/voxx-international-corporation-voxx/. It is free and there is no cost or obligation to you.

    • MoneyLion Inc. (NYSE: ML), relating to the proposed merger with Gen Digital Inc. Under the terms of the agreement, shareholders of MoneyLion will receive $82.00 per share in cash, and one contingent value right per share entitling the shareholder to a contingent payment of Gen Digital common stock.

    ACT NOW. The Shareholder Vote is scheduled for April 10, 2025.

    Click here for more https://monteverdelaw.com/case/moneylion-inc-ml/. It is free and there is no cost or obligation to you.

    • SK Growth Opportunities Corporation (NASDAQ: SKGR), relating to the proposed merger with Webull Corp. Under the terms of the agreement, shares of SK Growth will be converted into shares of Webull Corp.

    Click here for more information: https://monteverdelaw.com/case/sk-growth-opportunities-corporation-skgr/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI: AppTech Payments Corp. Highlights Q4 2024 Financial and Strategic Developments

    Source: GlobeNewswire (MIL-OSI)

    CARLSBAD, Calif., March 07, 2025 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech or the “Company”) (NASDAQ: APCX), a fintech company, today shared its Fourth Quarter 2024 financial results. The Company reported an operating loss of $2.1 million ($0.08 per share) versus a $3.4 million loss in the same quarter of 2023 ($0.18 per share).

    The operating loss for the full year 2024 was $8.8 million ($0.35 per share) versus $18.5 million ($1.01 per share) in 2023.

    CEO Thomas DeRosa noted that AppTech underwent significant organizational changes in the fourth quarter when a new investor group committed $5 million to improve the Company’s operations; established voting control of the Board of Directors and replaced certain key executives including the CEO and CFO. New CFO Felipe Corrado stated “We are encouraged by the organizational and operating improvements made in the fourth quarter. We bolstered our capital position, reduced expenses and narrowed our focus solely to several potentially near-term and profitable customers.”

    The company also announced it would file its 2024 Form 10K on March 31, 2025.

    About AppTech Payments Corp.

    AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

    AppTech Payments Corp.
    760-707-5959
    info@apptechcorp.com

    The MIL Network –

  • MIL-OSI: AI-Powered Success: How DeckTrade is Helping Traders Maximize Profits

    Source: GlobeNewswire (MIL-OSI)

    london, uk , March 07, 2025 (GLOBE NEWSWIRE) — Revolutionizing Trading with AI-Powered Strategies

    In today’s fast-paced trading environment, traders are turning to artificial intelligence to optimize their strategies and enhance profitability. DeckTrade has emerged as a leader in AI-driven trading solutions, providing traders with cutting-edge automation tools that remove human error and improve market efficiency.

    With its proprietary AI technology, DeckTrade’s smart trading system continuously analyzes market data, executes trades with precision, and adjusts strategies based on real-time conditions. As a result, traders are seeing higher returns, better accuracy, and improved risk management. Many users have shared positive experiences in decktrade reviews, highlighting how AI-powered automation has transformed their trading performance.

    The AI Advantage: Why DeckTrade Outperforms Manual Trading

    Traditional trading relies heavily on human decision-making, which is often influenced by emotions, bias, and reaction time delays. DeckTrade’s AI system eliminates these inefficiencies by using advanced machine learning models to analyze thousands of data points in real-time. This provides traders with:

    • Faster trade execution with minimal slippage
    • Data-driven decision-making without emotional bias
    • Automated portfolio adjustments based on market conditions
    • Advanced risk management strategies to protect capital

    Many traders have noted in decktrade reviews that AI-driven trading has helped them improve profitability and reduce losses, even during volatile market conditions.

    How DeckTrade Maximizes Profits for Traders

    1. AI-Driven Market Predictions

    DeckTrade’s AI system scans the markets 24/7, identifying trends before they fully develop. By detecting profitable opportunities early, traders using AI-powered tools can capitalize on market movements faster than manual traders.

    According to multiple decktrade reviews, users have seen higher accuracy in trade predictions, allowing them to enter and exit positions at optimal times.

    2. Smart Risk Management for Long-Term Stability

    AI not only helps in identifying profitable trades but also plays a crucial role in risk management. DeckTrade’s system automatically adjusts stop-loss and take-profit levels based on market volatility, ensuring traders maximize gains while minimizing potential losses.

    Traders frequently mention in decktrade reviews how the platform’s AI-driven risk management features have helped them preserve capital and protect their investments during market downturns.

    3. Automated Trading Without Emotional Bias

    One of the biggest challenges human traders face is emotional decision-making, which often leads to irrational trades driven by fear or greed. AI-powered trading on DeckTrade removes these emotional factors, ensuring that every trade is based on logic and data rather than human psychology.

    Many users in decktrade reviews have praised the automated nature of DeckTrade’s system, stating that it helps them maintain a disciplined trading approach without second-guessing their decisions.

    4. High-Speed Execution for Market Advantage

    The financial markets move fast, and delayed execution can cost traders valuable opportunities. DeckTrade’s AI trading system ensures that all orders are executed within milliseconds, reducing the risk of slippage and improving overall trade efficiency.

    Users frequently highlight in decktrade reviews how DeckTrade’s high-speed execution capabilities have allowed them to capitalize on short-term market fluctuations and maximize profits.

    What Traders Are Saying: DeckTrade Reviews Speak for Themselves

    The impact of DeckTrade’s AI-powered tools can be seen in the growing number of positive decktrade reviews. Traders worldwide have reported higher accuracy, better risk management, and increased profitability after integrating AI into their strategies.

    • Emma P., UK: “Since using DeckTrade’s AI system, my profits have increased significantly. I no longer need to spend hours analyzing charts—AI does the work for me!”
    • Daniel T., Australia: “Risk management was always my biggest struggle, but DeckTrade’s AI helps me set stop-losses automatically, which has made a huge difference.”
    • Sophia L., Canada: “The AI execution speed is amazing. My trades get placed instantly, ensuring I never miss a good entry.”
    • Liam K., UAE: “I’ve used several platforms, but DeckTrade is by far the best. The AI is incredibly accurate, and my results have improved dramatically.”

    With thousands of traders sharing their experiences in decktrade reviews, it’s clear that AI-driven trading is the future.

    The Future of Trading with DeckTrade

    As the trading industry evolves, AI-powered solutions like DeckTrade will continue to shape the way traders engage with financial markets. The platform is constantly improving its algorithms, adding new features, and expanding asset coverage to help traders achieve even better results.

    Future innovations in DeckTrade’s roadmap include:

    • More sophisticated AI models for even higher trading accuracy
    • Expanded trading assets, including forex, commodities, and indices
    • A mobile trading app for seamless AI-powered trading on the go
    • Enhanced AI-powered copy trading, allowing users to follow top-performing AI strategies

    Traders looking for an edge in today’s competitive markets will find that DeckTrade’s AI technology provides a clear advantage.

    Why Traders Are Choosing DeckTrade

    Traders are increasingly adopting AI-powered tools to improve their profitability, efficiency, and risk management. DeckTrade stands out as one of the most advanced AI-driven trading platforms, offering solutions that give traders:

    • Higher success rates with AI-optimized market strategies
    • Fully automated trading with minimal manual effort
    • Advanced risk management to protect capital
    • Real-time AI predictions for better decision-making

    For traders ready to maximize profits and automate their trading strategies, DeckTrade provides a reliable and powerful solution.

    Final Thoughts: AI Trading is the Future—Are You Ready?

    With the financial markets becoming increasingly competitive, traders need every advantage they can get. AI-driven solutions like DeckTrade are proving to be the key to unlocking greater profitability, efficiency, and consistency in trading.

    By leveraging the power of AI, traders can reduce risk, make smarter decisions, and maximize returns, all while saving time. The growing number of positive decktrade reviews speaks volumes about the platform’s effectiveness.

    For those looking to take their trading to the next level, now is the time to embrace AI-powered trading with DeckTrade.

    Start trading smarter today—visit DeckTrade to learn more.

    The MIL Network –

  • MIL-OSI: Brag House Holdings, Inc. Announces Closing of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (“Brag House” or the “Company”), a premier media technology platform designed for casual college gamers and brands seeking to connect with the Gen Z demographic, today announced the closing of its initial public offering (the “Offering”) of 1,475,000 shares of its common stock at a public offering price of US$4.00 per share.

    Kingswood Capital Partners, LLC is acting as the Sole Bookrunning Manager and WestPark Capital Inc. is acting as an underwriter. Lucosky Brookman LLP is acting as U.S. securities counsel to the Company, and Dickinson Wright LLP is acting as U.S. securities counsel to the underwriters in connection for the Offering.

    A registration statement on Form S-1 (File No. 333-280282) relating to the Offering was filed with the U.S. Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on Friday, February 14, 2025 and an additional registration statement on Form S-1 (File No. 333-285586) related to the Offering was filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and became automatically effective on March 5, 2025. The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering may be obtained from Kingswood Capital Partners, LLC, at 126 East 56th Street Suite 22R New York, NY 10022, via email at syndicate@kingswoodus.com, or by calling 212-487-1080. In addition, a copy of the final prospectus can also be obtained via the SEC’s website at www.sec.gov.

    About Brag House
    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed Offering. 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. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “believe,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, 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 investors that such expectations will turn out to be correct, and the Company cautions that actual results may differ materially from anticipated results. Additional factors are discussed in the Company’s registration statement and other filings with the SEC, available for review at www.sec.gov.

    Media Contact:
    Dan Walsh
    dan@mustardpr.com
    +44 (0) 7827 816 971

    Investor Relations Contact:
    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network –

  • MIL-OSI: Orezone Gold Files Final Short Form Prospectus in Connection With C$35 Million Bought Deal

    Source: GlobeNewswire (MIL-OSI)

    Final Short Form Prospectus is accessible on SEDAR+

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

    VANCOUVER, British Columbia, March 07, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to announce that, further to its press release dated February 23, 2025 in respect of its bought deal offering of common shares of the Company (the “Common Shares”), it has filed a final short form prospectus dated March 7, 2025 (the “Final Prospectus”) with the securities commissions in all provinces of Canada, except Quebec, and has obtained a receipt therefor.

    The Final Prospectus qualifies the distribution of 42,683,000 Common Shares at a price of C$0.82 per Common Share (the “Offering Price”) for aggregate gross proceeds of C$35,000,060 and up to an additional 6,402,450 Common Shares at the Offering Price issuable upon exercise of the over-allotment option granted to the underwriter, all as more fully described in the Final Prospectus (the “Offering”). Closing of the Offering is expected on or about March 13, 2025, and is subject to customary closing conditions and regulatory approval, including final approval of the Toronto Stock Exchange.

    Access to the Final Prospectus and any amendment is provided in accordance with securities legislation relating to procedures for providing access to a short form prospectus and any amendment. The Final Prospectus is accessible under the Company’s profile on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Final Prospectus and any amendment may be obtained, without charge, from Canaccord Genuity Corp. by email at ecm@cgf.com by providing the contact with an email address or address, as applicable. Prospective investors should read the Final Prospectus in its entirety before making an investment decision.

    The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities in the United States, nor in any other jurisdiction in which such offer, solicitation or sale would be unlawful. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

    About Orezone Gold Corporation

    Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its oxide operations on December 1, 2022, and is now focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social responsibility and sustainability with a proven track record in project construction and operations, financings, capital markets and M&A.

    The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on SEDAR+ and the Company’s website.

    Contact Information

    Patrick Downey
    President and Chief Executive Officer

    Kevin MacKenzie
    Vice President, Corporate Development and Investor Relations

    Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663
    info@orezone.com / www.orezone.com

    For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at www.orezone.com.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that may constitute “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”).  Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur.  Forward-looking statements in this press release include, but are not limited to closing of the Offering, and regulatory and TSX approval thereof.

    All such forward-looking statements are based on certain assumptions and analyses made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management and the qualified persons believe are appropriate in the circumstances.

    All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, delays caused by pandemics, terrorist or other violent attacks (including cyber security attacks), the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel and general economic, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company’s most recent annual information form and management discussion and analysis filed on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking statements.

    Although the forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this press release.

    The MIL Network –

  • MIL-OSI: Spartan Capital Securities, LLC Announces Key February Transactions

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, March 07, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC, a full-service investment banking firm, is pleased to announce a series of strategic transactions completed in February 2025, reinforcing its position as a trusted financial partner for companies across diverse industries.

    Spartan Capital successfully served as the sole placement agent for Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) in a $3.788 million private placement. This financing represents an important milestone in Lipella’s efforts to advance its clinical pipeline and address significant unmet medical needs under the leadership of CEO Dr. Jonathan Kaufman.

    The firm also played a key role as Co-Placement Agent in Healthcare Triangle, Inc.’s (Nasdaq: HCTI) $15.2 million private placement, securing $14.2 million of the total offering. The proceeds will support Healthcare Triangle’s strategic acquisitions, general corporate purposes, and working capital needs, enabling the company to further its mission of driving digital transformation in healthcare and life sciences through cloud enablement, cybersecurity, and data analytics.

    “These transactions highlight Spartan Capital’s ability to deliver meaningful results for our clients,” said John Lowry, CEO of Spartan Capital Securities, LLC. “We take pride in our role as a trusted partner, helping companies secure the capital they need to fuel innovation, execute strategic growth initiatives, and drive long-term success. Our investment banking team remains committed to delivering exceptional service and tailored financial solutions across diverse industries.”

    Spartan Capital extends its gratitude to Sichenzia Ross Ference Carmel LLP for their expert legal representation of Spartan Capital in the Lipella Pharmaceuticals transaction and Sullivan & Worcester LLP for representing Lipella Pharmaceuticals. Additionally, we appreciate the contributions of RBW Capital Partners LLC (a division of Dawson James Securities, Inc.), Sichenzia Ross Ference Carmel LLP, and Manatt, Phelps & Phillips, LLP in the Healthcare Triangle placement.

    These February transactions exemplify Spartan Capital Securities’ ongoing commitment to providing impactful investment banking solutions. With a deep understanding of market dynamics and a focus on delivering strategic financial solutions, Spartan Capital remains dedicated to supporting clients in achieving their long-term goals.

    As we continue into 2025, Spartan Capital is excited about the opportunities ahead and remains committed to delivering excellence in investment banking.

    About Spartan Capital Securities, LLC

    Spartan Capital Securities, LLC is a full-service, integrated financial services firm providing strategic investment banking solutions to high-net-worth individuals and institutions. With deep market expertise and a steadfast commitment to client success, Spartan Capital continues to set the standard for excellence in the financial industry.

    Contact:
    Spartan Capital Securities, LLC
    45 Broadway, 19th Floor
    New York, NY 10006
    investmentbanking@spartancapital.com

    The MIL Network –

  • MIL-OSI: Constellation Software Inc. Announces Results for the Fourth Quarter and Year Ended December 31, 2024 and Declares Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2024 and declared a $1.00 per share dividend payable on April 15, 2025 to all common shareholders of record at close of business on March 28, 2025. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated.

    The following press release should be read in conjunction with the Company’s annual Consolidated Financial Statements, prepared in accordance with IFRS Accounting Standards (“IFRS”) and our annual Management’s Discussion and Analysis for the year ended December 31, 2024, which can be found on SEDAR+ at www.sedarplus.com and on the Company’s website www.csisoftware.com. Additional information about the Company is also available on SEDAR+ at www.sedarplus.com.

    Q4 2024 Headlines:

    • Revenue grew 16% (1% organic growth, 2% after adjusting for changes in foreign exchange rates) to $2,703 million compared to $2,323 million in Q4 2023.
    • Net income attributable to common shareholders increased 102% to $285 million ($13.44 on a diluted per share basis) from $141 million ($6.65 on a diluted per share basis) in Q4 2023.
    • A number of acquisitions were completed for aggregate cash consideration of $475 million (which includes acquired cash). Deferred payments associated with these acquisitions have an estimated value of $144 million resulting in total consideration of $620 million.
    • Cash flows from operations (“CFO”) was $678 million, an increase of 33%, or $167 million, compared to $511 million for the comparable period in 2023.
    • Free cash flow available to shareholders1 (“FCFA2S”) was $482 million, an increase of 48%, or $157 million compared to $325 million for the comparable period in 2023.

    2024 Headlines:

    • Revenue grew 20% (2% organic growth, 2% after adjusting for changes in foreign exchange rates) to $10,066 million compared to $8,407 million in 2023.
    • Net income attributable to common shareholders increased 29% to $731 million ($34.48 on a diluted per share basis) from $565 million ($26.67 on a diluted per share basis) in 2023.
    • A number of acquisitions were completed for total consideration of $1,792 million including holdbacks and contingent consideration.
    • Cash flows from operations (“CFO”) was $2,196 million, an increase of 23%, or $417 million, compared to $1,779 million for the comparable period in 2023.
    • Free cash flow available to shareholders (“FCFA2S”) was $1,472 million, an increase of 27%, or $312 million, compared to $1,160 million for the comparable period in 2023.

    Total revenue for the quarter ended December 31, 2024 was $2,703 million, an increase of 16%, or $380 million, compared to $2,323 million for the comparable period in 2023. For the year ended December 31, 2024 total revenues were $10,066 million, an increase of 20%, or $1,660 million, compared to $8,407 million for the comparable period in 2023. The increase for both the three and twelve month periods compared to the same periods in the prior year is primarily attributable to growth from acquisitions as the Company experienced organic growth of 1% and 2% respectively, 2% for both periods after adjusting for the impact of changes in the valuation of the US dollar against most major currencies in which the Company transacts business. Organic growth is not a standardized financial measure and might not be comparable to measures disclosed by other issuers.

    Net income attributable to common shareholders of CSI for the quarter ended December 31, 2024 was $285 million compared to $141 million for the same period in 2023. On a per share basis this translated into a net income per diluted share of $13.44 in the quarter ended December 31, 2024 compared to net income per diluted share of $6.65 for the same period in 2023. For the year ended December 31, 2024, net income attributable to common shareholders of CSI was $731 million or $34.48 per diluted share compared to $565 million or $26.67 per diluted share for the same period in 2023.

    For the quarter ended December 31, 2024, CFO increased $167 million to $678 million compared to $511 million for the same period in 2023 representing an increase of 33%. For the year ended December 31, 2024, CFO increased $417 million to $2,196 million compared to $1,779 million during the same period in 2023, representing an increase of 23%.

    For the quarter ended December 31, 2024, FCFA2S increased $157 million to $482 million compared to $325 million for the same period in 2023 representing an increase of 48%. For the year ended December 31, 2024, FCFA2S increased $312 million to $1,472 million compared to $1,160 million for the same period in 2023 representing an increase of 27%.

    Forward Looking Statements
    Certain statements herein may be “forward looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Constellation or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. These forward looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Constellation assumes no obligation, except as required by law, to update any forward looking statements to reflect new events or circumstances.

    Non-IFRS Measures
    Free cash flow available to shareholders ‘‘FCFA2S’’ refers to net cash flows from operating activities less interest paid on lease obligations, interest paid on debt, debt transaction costs, payments of lease obligations, the IRGA / TSS membership liability revaluation charge, and property and equipment purchased, and includes interest and dividends received, and the proceeds from sale of interest rate caps. The portion of this amount applicable to non-controlling interests is then deducted. We believe that FCFA2S is useful supplemental information as it provides an indication of the uncommitted cash flow that is available to shareholders if we do not make any acquisitions, or investments, and do not repay any debts. While we could use the FCFA2S to pay dividends or repurchase shares, our objective is to invest all of our FCFA2S in acquisitions which meet our hurdle rate.

    FCFA2S is not a recognized measure under IFRS and, accordingly, readers are cautioned that FCFA2S should not be construed as an alternative to net cash flows from operating activities.

    The following table reconciles FCFA2S to net cash flows from operating activities:

          Three months ended
    December 31,    		       Year ended
    December 31,    		    
          2024     2023         2024     2023      
        ($ in millions)   ($ in millions)  
                           
    Net cash flows from operating activities     678     511         2,196     1,779      
    Adjusted for:                      
    Interest paid on lease obligations     (4 )   (3 )       (14 )   (11 )    
    Interest paid on debt     (37 )   (37 )       (178 )   (133 )    
    Proceeds from sale of interest rate cap     –     –         –     5      
    Debt transaction costs     (3 )   (2 )       (16 )   (5 )    
    Payments of lease obligations     (29 )   (31 )       (118 )   (109 )    
    IRGA / TSS membership liability revaluation charge     (61 )   (58 )       (183 )   (152 )    
    Property and equipment purchased     (25 )   (13 )       (67 )   (42 )    
    Interest and dividends received     9     2         33     3      
                           
          527     369         1,653     1,333      
    Less amount attributable to                      
    Non-controlling interests     (45 )   (44 )       (180 )   (173 )    
                           
    Free cash flow available to shareholders     482     325         1,472     1,160      
                           
    Due to rounding, certain totals may not foot.                      
                           

    About Constellation Software Inc.

    Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation acquires, manages and builds vertical market software businesses.

    For further information:

    Jamal Baksh
    Chief Financial Officer
    (416) 861-9677
    info@csisoftware.com
    www.csisoftware.com

    SOURCE: CONSTELLATION SOFTWARE INC.

     
    CONSTELLATION SOFTWARE INC.
    Consolidated Statements of Financial Position
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)
             
             
            December 31, 2024     December 31, 2023  
             
    Assets    
             
    Current assets:    
      Cash $ 1,980   $ 1,284  
      Accounts receivable   1,292     1,138  
      Unbilled revenue   369     325  
      Inventories   56     51  
      Other assets   597     541  
            4,294     3,339  
             
    Non-current assets:    
      Property and equipment   223     142  
      Right of use assets   328     312  
      Deferred income taxes   219     108  
      Other assets   329     286  
      Intangible assets   7,470     6,675  
            8,569     7,523  
             
    Total assets $ 12,863   $ 10,862  
             
    Liabilities and Shareholders’ Equity    
             
    Current liabilities:    
      Debt with recourse to Constellation Software Inc. $ 303   $ 861  
      Debt without recourse to Constellation Software Inc.   319     225  
      Redeemable preferred securities   –     814  
      Accounts payable and accrued liabilities   1,589     1,427  
      Dividends payable   21     21  
      Deferred revenue   1,967     1,757  
      Provisions   22     9  
      Acquisition holdback payables   225     168  
      Lease obligations   115     112  
      Income taxes payable   111     89  
            4,672     5,483  
             
    Non-current liabilities:    
      Debt with recourse to Constellation Software Inc.   1,855     863  
      Debt without recourse to Constellation Software Inc.   1,689     1,385  
      Deferred income taxes   673     604  
      Acquisition holdback payables   134     88  
      Lease obligations   252     236  
      Other liabilities   300     242  
            4,903     3,418  
             
    Total liabilities   9,575     8,901  
             
             
    Shareholders’ equity:    
      Capital stock   99     99  
      Accumulated other comprehensive income (loss)   (224 )   (99 )
      Retained earnings   2,919     1,876  
      Non-controlling interests   493     85  
            3,288     1,961  
             
             
             
    Total liabilities and shareholders’ equity $ 12,863   $ 10,862  
             
     
    CONSTELLATION SOFTWARE INC.
    Consolidated Statements of Income (loss)
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)  
             
           
             
        Years ended December 31,  
          2024     2023    
             
             
    Revenue      
    License $ 393   $ 386    
    Professional services   1,975     1,766    
    Hardware and other   302     268    
    Maintenance and other recurring   7,396     5,985    
          10,066     8,407    
             
    Expenses      
    Staff   5,322     4,493    
    Hardware   169     158    
    Third party license, maintenance and professional services   960     810    
    Occupancy   64     51    
    Travel, telecommunications, supplies, software and equipment   502     398    
    Professional fees   178     151    
    Other, net   182     138    
    Depreciation   182     162    
    Amortization of intangible assets   1,044     859    
          8,602     7,219    
             
             
    Foreign exchange loss (gain)   (26 )   43    
    IRGA/TSS Membership liability revaluation charge   183     152    
    Finance and other expense (income)   (60 )   (34 )  
    Bargain purchase gain   (10 )   (54 )  
    Impairment of intangible and other non-financial assets   28     26    
    Redeemable preferred securities expense (income)   58     597    
    Finance costs   280     192    
          452     922    
             
    Income (loss) before income taxes   1,011     265    
             
    Current income tax expense (recovery)   525     370    
    Deferred income tax expense (recovery)   (281 )   (166 )  
    Income tax expense (recovery)   244     204    
             
    Net income (loss)   767     62    
             
    Net income (loss) attributable to:      
    Common shareholders of Constellation Software Inc.   731     565    
    Non-controlling interests   37     (503 )  
    Net income (loss)   767     62    
             
    Earnings per common share of Constellation Software Inc.      
      Basic and diluted $ 34.48   $ 26.67    
             
             
    CONSTELLATION SOFTWARE INC.
    Consolidated Statements of Comprehensive Income (loss)
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)
             
             
             
      Years ended December 31,  
        2024       2023    
             
    Net income (loss) $ 767     $ 62    
             
    Items that are or may be reclassified subsequently to net income (loss):        
             
    Foreign currency translation differences from foreign operations and other, net of tax   (135 )     51    
             
    Other comprehensive income (loss), net of income tax   (135 )     51    
             
    Total comprehensive income (loss) $ 633     $ 113    
             
    Total other comprehensive income (loss) attributable to:        
    Common shareholders of Constellation Software Inc.   (119 )     38    
    Non-controlling interests   (16 )     13    
    Total other comprehensive income (loss) $ (135 )   $ 51    
             
    Total comprehensive income (loss) attributable to:        
    Common shareholders of Constellation Software Inc.   612       603    
    Non-controlling interests   21       (490 )  
    Total comprehensive income (loss) $ 633     $ 113    
             
                 
    CONSTELLATION SOFTWARE INC.
    Consolidated Statement of Changes in Equity
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)
                     
                     
    Year ended December 31, 2024
          Equity Attributable to Common Shareholders of CSI    
          Capital
    stock    		 Accumulated
    other
    comprehensive
    income (loss)    		 Retained
    earnings    		 Total Non-controlling
    interests    		 Total equity
                     
    Balance at January 1, 2024 $ 99 $ (99 ) $ 1,876   $ 1,877   $ 85   $ 1,961  
                     
    Total comprehensive income (loss):            
                     
    Net income (loss)   –   –     731     731     37     767  
                     
    Other comprehensive income (loss)            
                     
    Foreign currency translation differences from            
      foreign operations and other, net of tax   –   (119 )   –     (119 )   (16 )   (135 )
                     
                 
    Total other comprehensive income (loss)   –   (119 )   –     (119 )   (16 )   (135 )
                     
    Total comprehensive income (loss)   –   (119 )   731     612     21     633  
                     
    Transactions with owners, recorded directly in equity            
                     
    Non-controlling interests arising from business combinations   –   –     –     –     (0 )   (0 )
                     
    Conversion of Lumine Special Shares to subordinate voting shares of Lumine and settlement of accrued dividend on Lumine Special Shares through the issuance of subordinate voting shares of Lumine   –   –     –     –     872     872  
                     
    Conversion of Lumine Preferred Shares to subordinate voting shares of Lumine and settlement of accrued dividend on Lumine Preferred Shares through the issuance of subordinate voting shares of Lumine     (6 )   400     394     (394 )   –  
                     
    Other movements in non-controlling interests   –   –     (2 )   (2 )   (2 )   (4 )
                     
    Dividends paid to non-controlling interests   –   –     –     –     (89 )   (89 )
                     
    Dividends to shareholders of the Company   –   –     (85 )   (85 )   –     (85 )
                     
    Balance at December 31, 2024 $ 99 $ (224 ) $ 2,919   $ 2,795   $ 493   $ 3,288  
                     
                   
    CONSTELLATION SOFTWARE INC.              
    Consolidated Statement of Changes in Equity          
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)  
                       
                       
    Year ended December 31, 2023              
                       
          Equity Attributable to Common Shareholders of CSI      
          Capital
    stock    		 Accumulated
    other
    comprehensive
    income (loss)    		 Retained
    earnings    		 Total Non-controlling
    interests    		 Total equity  
                       
    Balance at January 1, 2023 $ 99 $ (150 ) $ 1,763   $ 1,713   $ 221   $ 1,933    
                       
    Total comprehensive income (loss):              
                       
    Net income (loss)   –   –     565     565     (503 )   62    
                       
    Other comprehensive income (loss)              
                       
    Foreign currency translation differences from              
      foreign operations and other, net of tax   –   38     –     38     13     51    
                       
    Total other comprehensive income (loss)   –   38     –     38     13     51    
                       
    Total comprehensive income (loss)   –   38     565     603     (490 )   113    
                       
    Transactions with owners, recorded directly in equity              
                       
    Special dividend of Lumine Subordinate Voting Shares   –   12     (378 )   (366 )   366     –    
                       
    Non-controlling interests arising from business combinations           2     2    
                       
    Acquisition of non-controlling interests   –   –     –     –     (2 )   (2 )  
                       
    Conversion of Lumine Special Shares to subordinate voting shares of Lumine   –   –     –     –     5     5    
                       
    Other movements in non-controlling interests   –   0     15     15     (17 )   (2 )  
                       
    Other distributions and movements in equity     2     (4 )   (3 )   –     (3 )  
                       
      Dividends to shareholders of the Company (note 17)   –   –     (85 )   (85 )   –     (85 )  
                       
    Balance at December 31, 2023 $ 99 $ (99 ) $ 1,876   $ 1,877   $ 85   $ 1,961    
                       
             
    CONSTELLATION SOFTWARE INC.
    Consolidated Statements of Cash Flows
    (In millions of U.S. dollars, except per share amounts. Due to rounding, numbers presented may not foot.)  
                 
                 
                 
          Years ended December 31,  
            2024       2023    
                 
    Cash flows from (used in) operating activities:        
      Net income (loss) $ 767     $ 62    
      Adjustments for:        
        Depreciation   182       162    
        Amortization of intangible assets   1,044       859    
        IRGA/TSS Membership liability revaluation charge   183       152    
        Finance and other expense (income)   (60 )     (34 )  
        Bargain purchase (gain)   (10 )     (54 )  
        Impairment of intangible and other non-financial assets   28       26    
        Redeemable preferred securities expense (income)   58       597    
        Finance costs   280       192    
        Income tax expense (recovery)   244       204    
        Foreign exchange loss (gain)   (26 )     43    
        Depreciation of third party costs   12       –    
      Change in non-cash operating assets and liabilities        
        exclusive of effects of business combinations   (45 )     (36 )  
      Income taxes paid   (460 )     (394 )  
      Net cash flows from (used in) operating activities   2,196       1,779    
                 
    Cash flows from (used in) financing activities:        
      Interest paid on lease obligations   (14 )     (11 )  
      Interest paid on debt   (178 )     (133 )  
      Proceeds from sale of interest rate cap   –       5    
      Increase (decrease) in CSI facility   (578 )     256    
      Increase (decrease) in Topicus revolving credit debt facility without recourse to CSI   73       27    
      Proceeds from issuance of debentures   –       209    
      Proceeds from issuance of Senior Notes   1,000       –    
      Proceeds from issuance of debt facilities without recourse to CSI   381       447    
      Repayments of debt facilities without recourse to CSI   (149 )     (282 )  
      Other financing activities   (25 )     (1 )  
      Dividends paid to non-controlling interests   (89 )     –    
      Debt transaction costs   (16 )     (5 )  
      Payments of lease obligations, net of sublease receipts   (118 )     (109 )  
      Distribution to the Joday Group   (64 )     –    
      Principal repayments to the Joday Group pursuant to the Call Notice   (22 )     –    
      Dividends paid to common shareholders of the Company   (85 )     (85 )  
      Net cash flows from (used in) in financing activities   114       316    
                 
    Cash flows from (used in) investing activities:        
      Acquisition of businesses   (1,347 )     (1,609 )  
      Cash obtained with acquired businesses   164       152    
      Post-acquisition settlement payments, net of receipts   (336 )     (238 )  
      Purchases of investments and other assets   (8 )     (23 )  
      Proceeds from sales of other investments and other assets   7       119    
      Decrease (increase) in restricted cash   (14 )     (2 )  
      Interest, dividends and other proceeds received   33       4    
      Property and equipment purchased   (67 )     (42 )  
      Net cash flows from (used in) investing activities   (1,567 )     (1,639 )  
                 
    Effect of foreign currency on        
      cash   (48 )     17    
                 
    Increase (decrease) in cash   696       473    
                 
    Cash, beginning of period $ 1,284     $ 811    
                 
    Cash, end of period $ 1,980     $ 1,284    
                 

    The MIL Network –

  • MIL-OSI: Canoe EIT Income Fund Announces March 2025 Monthly Distribution

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, March 07, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the March 2025 monthly distribution of $0.10 per unit. Unitholders of record on March 21, 2025, will receive distributions payable on April 15, 2025.

    About Canoe EIT Income Fund
    Canoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $19,5 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    For further information, please contact:
    Investor Relations
    1–877–434–2796
    www.canoefinancial.com
    info@canoefinancial.com

    Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.

    The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund’s ability to generate future income. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.

    This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.

    The MIL Network –

  • MIL-OSI: S&P Global Ratings affirms Iceland at ‘A+/A-1’, Outlook Stable

    Source: GlobeNewswire (MIL-OSI)

    S&P Global Ratings has affirmed ‘A+/A-1’ long- and short-term foreign and local currency sovereign credit ratings on Iceland. The outlook is stable.

    S&P´s ratings on Iceland reflect the country’s very high GDP per capita and strong growth track record, which has been higher than most sovereigns S&P rates in Western Europe, as well as Iceland’s robust institutional framework and sound economic and fiscal policies. The ratings remain constrained by the volatile nature of Iceland’s small, open economy, which, in S&P’s view, is vulnerable to natural events, including volcanic activity, as well as adverse external developments outside of its control, such as geopolitical risks, trade and tariff tensions, and fluctuating terms-of-trade. The small size of Iceland’s economy also somewhat limits economic and monetary policy effectiveness, due to the influence of external factors largely outside the country’s control.

    The stable outlook reflects S&P´s view that, beyond the temporary slowdown in 2024, Iceland’s growth will rebound over the next few years while fiscal and external deficits will remain contained. The outlook also reflects the assumption that neither volcanic activity nor global trade tensions will have a significant sustained adverse effect on the country’s economic, fiscal, and balance-of-payments performance. Iceland’s key aluminium exports are mostly sold to European markets, particularly the Netherlands and Germany, mitigating current direct tariff-related risks.

    The ratings could be raised if Iceland’s public finances strengthened significantly more than S&P anticipates. The ratings could also be raised if, in S&P´s view, increasing diversification made the economy more resilient to external shocks while current global trade tensions eased without a sustained negative economic impact.

    S&P could lower the ratings if Iceland’s fiscal or balance-of-payments performance proved materially weaker than in its baseline forecasts. This could happen, for example, if persistently disruptive volcanic activity hampered the country’s tourism sector and growth performance; or Iceland was more significantly affected by global trade tensions or forced to sharply increase defence-related expenditure.

    Further information on www.government.is

    The MIL Network –

  • MIL-OSI: Castillo Trade’s New Smart Trading Bots Outperform Human Traders by 72%

    Source: GlobeNewswire (MIL-OSI)

    London, UK, March 07, 2025 (GLOBE NEWSWIRE) — Castillo Trade has taken a major leap forward in trading automation with the launch of its Smart Trading Bots, which have demonstrated a 72% higher success rate than human traders in live market conditions. This groundbreaking development cements Castillo Trade’s position as a leader in AI-driven trading solutions, giving both retail and institutional traders a significant advantage in the ever-evolving financial markets.

    By integrating advanced machine learning, real-time market analysis, and predictive algorithms, Castillo Trade has created one of the most powerful trading automation tools available today. Whether it’s crypto, forex, or stocks, these AI-driven bots are designed to maximize profitability, minimize risk, and execute trades with unparalleled precision.

    The Future of Trading: AI vs. Human Traders

    The debate over AI vs. human traders has intensified in recent years, as artificial intelligence continues to outperform even the most seasoned professionals. While human traders rely on experience, intuition, and manual strategies, AI-powered bots from Castillo Trade have the ability to:

    • Analyze vast amounts of data in milliseconds
    • Execute trades with perfect timing and zero emotional bias
    • Adapt to changing market conditions instantly

    These advantages give AI-powered trading an edge over human decision-making, allowing for faster, more accurate, and more profitable trades.

    According to internal performance tests, the new Smart Trading Bots from Castillo Trade achieved a 72% higher success rate compared to human traders, marking a significant breakthrough in algorithmic trading technology.

    How Castillo Trade’s Smart Trading Bots Achieve Superior Performance

    1. AI-Powered Market Analysis

    The Smart Trading Bots analyze millions of data points across multiple financial markets in real time. Using machine learning algorithms, the bots detect profitable trading opportunities and execute orders at the optimal moment—something human traders cannot do with the same level of speed or accuracy.

    2. Automated Risk Management

    Risk management is a critical component of successful trading. Castillo Trade’s bots employ automated risk controls, including stop-loss, take-profit, and trailing stop mechanisms, to protect traders from unnecessary losses while maximizing their potential gains.

    3. 24/7 Trading with Zero Downtime

    Unlike human traders who need rest, AI-powered bots operate 24/7, ensuring continuous market monitoring and execution of trades at all hours. This eliminates missed opportunities and allows traders to profit from price movements around the clock.

    4. Emotional-Free Trading

    One of the biggest weaknesses of human traders is emotional decision-making. Fear and greed often lead to poor trading choices, hesitation, and losses. Castillo Trade’s AI-driven bots execute trades based purely on data and logic, removing emotional bias from the equation.

    5. High-Speed Execution for Market Advantage

    The Smart Trading Bots execute trades within milliseconds, capitalizing on market fluctuations before the competition. This speed advantage ensures that traders using Castillo Trade stay ahead in the fast-moving financial markets.

    What This Means for Traders

    The introduction of Castillo Trade’s Smart Trading Bots is a game-changer for traders of all experience levels. Whether you’re a beginner looking for automation or an advanced trader seeking an AI-powered edge, these bots provide:

    • Increased profitability with a 72% higher success rate than human traders
    • Reduced trading risks through AI-driven risk management
    • Hands-free trading with real-time automation
    • A smarter way to navigate volatile markets with predictive analytics

    With AI taking over manual charting, analysis, and execution, traders can focus on strategy while letting the bots handle the execution with higher accuracy and efficiency.

    Industry Experts Weigh In on Castillo Trade’s Smart Bots

    The trading industry has taken notice of this innovation, with experts praising Castillo Trade for its commitment to AI-powered trading solutions.

    “AI trading is no longer the future—it’s the present. Castillo Trade’s Smart Trading Bots give traders a clear competitive advantage by making faster, data-driven decisions without hesitation,” said Michael Jensen, a senior market analyst.

    Another industry veteran, Sarah Collins, added:
    “The ability to trade with AI at this level of accuracy is something human traders simply cannot match. Castillo Trade has created a truly revolutionary product.”

    What’s Next for Castillo Trade?

    With AI-driven trading growing rapidly, Castillo Trade has ambitious plans to continue enhancing its technology. Future developments include:

    • Even more advanced AI algorithms for market prediction
    • Integration with decentralized finance (DeFi) trading strategies
    • Expanded asset support, including commodities and NFTs
    • A mobile app for easy access to AI-powered trading on the go

    As financial markets evolve, Castillo Trade is dedicated to staying at the forefront of innovation, ensuring that traders always have access to the most powerful AI trading tools available.

    Why Traders Are Switching to Castillo Trade’s Smart Bots

    As more traders seek automation and AI-driven strategies, Castillo Trade’s Smart Trading Bots provide the ultimate solution. Key benefits include:

    • Fully automated execution with minimal manual input
    • Market-leading AI algorithms for predictive trading
    • 24/7 monitoring and trade execution
    • Advanced risk management features to protect capital
    • No emotional trading—only data-driven decision-making

    By eliminating human error and enhancing profitability, these AI-powered bots make trading more efficient, consistent, and profitable.

    Final Thoughts: The Future of Trading is AI-Driven

    With 72% higher profitability compared to human traders, Castillo Trade’s Smart Trading Bots are setting a new industry standard for AI-powered investing. Traders looking to maximize their profits, automate their strategies, and gain a competitive edge should consider making the switch today.

    As AI continues to dominate financial markets, traders who embrace automation will stay ahead of the curve—and Castillo Trade is leading the way.

    Ready to experience the power of AI trading?
    Start using Castillo Trade’s Smart Trading Bots today and take your trading to the next level.

    Visit Castillo Trade for more information.

    The MIL Network –

  • MIL-OSI: ARB IOT GROUP LIMITED EXPANDS AI FOOTPRINT INTO EAST MALAYSIA

    Source: GlobeNewswire (MIL-OSI)

    Kuala Lumpur, Malaysia, March 07, 2025 (GLOBE NEWSWIRE) — ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary, ARB R1 Technology Sdn Bhd, appointed Whizzl Sdn Bhd (“Whizzl“) as its exclusive wholesaler, sole distributor, and system integrator for the ARB AI workstations and servers in the regions of Sabah and Sarawak. ARB IOT has strengthened its commitment to meeting the surging demand in AI and supporting the Malaysian government’s initiatives to foster digital innovation and sustainability development.

    The ARB AI workstations and servers consist of ARB 222 and ARB 333 models, designed to support both server and edge computing devices within the AI supply chain. By deploying a suite of high-performance immersible computing servers and solutions, the ARB AI workstations and servers ensure seamless integration across the entire AI ecosystem. The rapid expansion of cloud services has driven ARB IOT to introduce more competitive products to the market that are able to deliver superior performance and efficiency to meet the growing demands of the industry.

    Dato’ Sri Liew Kok Leong, CEO of ARB IOT said, “The expansion to East Malaysia will be a new milestone for the Company. ARB IOT has a robust growth prospect given the evolving demand for new technology trend in AI, which continues to gain momentum. With the collaboration with Whizzl, the Company will be able to achieve greater market penetration and wider customer base.

    Whizzl is granted the exclusive rights to sell, distribute, and integrate the ARB AI workstations and servers in the regions of Sabah and Sarawak, within the territory of Malaysia.

    We are confident that Whizzl will be well-positioned to grow and generate more value for our shareholders. Going forward, our Company is in a good position to expand its business and will accelerate the expansion by gaining new market share.”

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

    Safe Harbor Statement
    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward looking statements, other than as required by applicable law.

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

    The MIL Network –

  • MIL-OSI: Wah Fu Education Group Ltd. Announces Financial Results for the First Half of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, March 07, 2025 (GLOBE NEWSWIRE) — Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2024.

    Financial Highlights for the Six Months Ended September 30, 2024

        For the Six Months Ended
    September 30,    		  
    ($’000, except per share data)   2024     2023     % Change  
    Revenue   $ 2,799     $ 3,648       (23.3 )%
    Gross profit   $ 1,572     $ 2,063       (23.8 )%
    Gross margin     56.1 %     56.6 %     (0.5 )pp
    (Loss) income from operations   $ (571 )   $ 273       (309.5 )%
    Operating (loss) profit margin     (20.4 )%     7.5 %     (27.9 )pp
    Net (loss) income   $ (581 )   $ 125       (566.3 )%
    Basic and diluted (loss) earnings per share   $ (0.12 )   $ 0.05       (343.3 )%
                             

    * pp: percentage points

    • Revenue decreased by 23.3% year-over-year to $2.80 million for the six months ended September 30, 2024 from $3.65 million for the same period of the prior fiscal year. The decrease in revenue was primarily attributable to a decrease in self-taught higher education exams included in our Business-to-Business-to-Customer (“B2B2C”) revenue from our online education services.
    • Gross profit decreased by 23.8% to $1.57 million for the six months ended September 30, 2024 from $2.06 million for the same period of the prior fiscal year. Gross margins were 56.1% and 56.6% for the six months ended September 30, 2024 and 2023, respectively. The decrease in gross profit of online education services was primarily due to the decrease in revenue.
    • Loss from operations was $0.57 million for the six months ended September 30, 2024 when it was income from operation of $0.27 million for the six months ended September 30, 2023. Operating loss margin was 20.4% for the six months ended September 30, 2024, compared to operating profit margin of 7.5% for the same period of the prior fiscal year.
    • Net loss was $0.58 million or, loss per share of $0.12 for the six months ended September 30, 2024, compared to net income of $0.13 million, or income per share of $0.05, for the same period of the prior fiscal year.

    Unaudited Financial Results for the six months ended September 30, 2024

    Revenue

    For the six months ended September 30, 2024, revenue decreased by $0.85 million, or 23.3%, to $2.80 million from $3.65 million for the same period of the prior fiscal year. The decrease in revenue was primarily due to the decrease of revenue from self-taught higher education exams included in our Business-to-Business-to-Customer (“B2B2C”) revenues from our online education services.

    For the six months ended September 30, 2024, revenue from providing online education services decreased by $0.99 million for the same period of the prior fiscal year. The decrease was mainly due to a decrease in self-taught higher education exams included in our Business-to-Business-to-Customer (“B2B2C”) revenues. During the six months ended September 30, 2024, due to the implementation of local policies in Hunan province, some universities canceled the self-study examination, thus the courses provided to self-study examination decreased, the revenue from Business-to-Business-to-Customer (“B2B2C”) decreased gradually.

    Cost of revenue

    Cost of revenue decreased by $0.35 million, or 22.4%, to $1.22 million for the six months ended September 30, 2024 from $1.57 million for the same period of the prior fiscal year. The decrease in overall cost of revenue was mainly due to decrease in cost of revenue for online education services. Cost of revenue mainly comprised of salaries and related expenses for our teaching support, course and content development, website maintenance and information technology engineers and other employees, fees paid to our course lecturers, depreciation and amortization expenses, server relocation and bandwidth leasing fees paid to third-party providers and other miscellaneous expenses. As the decrease of online education service revenue, cost related to online education service deceased for the six months ended September 30, 2024 compared to the same period last year.

    Gross profit

    Gross profit decreased by $0.49 million, or 23.8%, to $1.57 million for the six months ended September 30, 2024 from $2.06 million for the same period of the prior fiscal year. Gross margin decreased by 0.5 percent to 56.1% for the six months ended September 30, 2024 from 56.6% for the same period of the prior fiscal year. The decrease of gross profit was mainly due to the decrease of online education service revenue from self-taught higher education exams.

    Operating expenses

    Selling expenses decreased by $0.05 million, or 6.0%, to $0.76 million for the six months ended September 30, 2024 from $0.80 million for the same period of the prior fiscal year. This decrease was primarily due to the decrease in salaries for our sales department since our revenue decreased.

    General and administrative expenses increased by $0.40 million, or 40.71%, to $1.39 million for the six months ended September 30, 2024 from $0.99 million for the same period of the prior fiscal year. General and administrative expenses increased mainly due to the increase of provision for bad debts.

    Total operating expenses increased by $0.35 million, or 19.72%, to $2.14 million for the six months ended September 30, 2024 from $1.79 million for the same period of the prior fiscal year.

    Income (loss) from operations

    Loss form from operations was $0.57 million for the six months ended September 30, 2024 when it was an income of $0.27 for the six months ended September 30, 2023. Please see above for a detailed description of such Income (loss) from operations.

    Other income (expenses)

    Total other income expenses, including interest income, net of other expenses, net other income was $0.08 million for the six months ended September 30, 2024 when it was a net expense of $0.09 million in the same period of the prior fiscal year.

    Income before income taxes

    Loss before income taxes was $0.49 million for the six months ended September 30, 2024, compared to income before income taxes of $0.18 million for the same period of the prior fiscal year.

    Net income (loss) and earnings (loss) per share

    Net loss was $0.58 million for the six months ended September 30, 2024, compared to net income of $0.12 million for the same period of the prior fiscal year. Net loss margin was 20.7% for the six months ended September 30, 2024, compared to net profit margin of 3.4% for the same period of the prior fiscal year.

    After deducting non-controlling interests, net loss attributable to the Company was $0.55 million, or loss of $0.12 basic and diluted share, for the six months ended September 30, 2024. This compared to net profit of $0.23 million, or profit of $0.05 per basic and diluted share, for the same period of the prior fiscal year.

    Weighted average numbers of shares outstanding were 4,410,559 and 4,440,085 for the six months ended September 30, 2024 and 2023.

    Financial Condition

    As of September 30, 2024, the Company had cash of $10.15 million, compared to $11.05 million as of March 31, 2024. Total working capital was $10.56 million as of September 30, 2024, compared to $10.75 million as of March 31, 2024.

    Net cash used in operating activates was $1.19 million for the six months ended September 30, 2024 compared to net cash used in operating activities of $0.10 million for the same period last year. Net cash used in investing activities for the six months ended September 30, 2024 was $0.04 million. There was no cash used in or provided by investing activities for the six months ended September 30, 2023. There was no cash used in or provided by financing activities for the six months ended September 30, 2024 and 2023.

    Subsequent Events

    On January 21, 2025, Wah Fu Education Group Ltd. (the “Company”) amended and restated its memorandum and articles of association, including

    • Creation of a new class of Class A shares with each Class A share being entitled to fifteen (15) votes on all matters subject to vote at general meetings of the Company. Any Class A Shares which are fully paid may be converted into ordinary shares on a one-for-one basis at the option of the holder of such Class A Shares upon giving five days’ notice by such holder to the Company.
    • The maximum number of shares that the Company is authorized to issue was increased from 30,000,000 ordinary shares of US$0.01 par value each to 600,000,000 shares divided into 500,000,000 ordinary shares with a par value of US$0.01 each and 100,000,000 Class A shares with a par value of US$0.01 each.
    • The redemption of 1,488,000 ordinary shares held by HFGFR Inc. and reissue of 1,488,000 Class A Shares to HFGFR Inc. were approved.

    Management has evaluated subsequent events through March 7, 2025, the date which the financial statements were available to be issued. All subsequent events requiring recognition as of September 30, 2024 have been incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”

    About Wah Fu Education Group Limited

    Headquartered in Beijing, China, Wah Fu Education Group Limited provides online training and exam preparation services, as well as related training materials and technology solutions for both institutions, such as universities and training institutions, and students. For more information about Wah Fu, please visit www.edu-edu.cn.

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are not statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the online training industry in China and the other markets the Company serves or plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the other markets the Company serves or plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (the “SEC”).  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    For more information, please contact:

    Raincy Du
    ir@edu-edu.com.cn

    WAH FU EDUCATION GROUP LIMITED AND SUBSIDIARIES
    CONDENSED CONSOLIDATED BALANCE SHEETS
                 
        As of
    September 30,    		     As of
    March 31,    		  
        2024     2024  
        (Unaudited)        
    ASSETS            
    CURRENT ASSETS:            
    Cash   $ 10,145,053     $ 11,045,708  
    Accounts receivable, net     646,487       1,039,580  
    Other receivables, net     1,014,317       188,441  
    Loan to third parties, current     514,634       524,969  
    Loan to related parties     1,778,524       1,778,524  
    Other current assets     59,728       95,583  
    TOTAL CURRENT ASSETS     14,158,743       14,672,805  
                     
    Loan to third parties, noncurrent     215,229       194,229  
    Property and equipment, net     464,073       485,660  
    Intangible assets, net     1,918       7,456  
    Long-term investment     142,499       138,498  
    Operating lease right-of-use assets     237,865       341,895  
    Long-term rent deposit     45,735       53,303  
    Deferred tax assets, net     231,919       262,577  
    TOTAL ASSETS   $ 15,497,981     $ 16,156,423  
                     
    CURRENT LIABILITIES:                
    Due to related parties   $ 315,512     $ 315,512  
    Deferred revenue     1,575,010       1,818,426  
    Operating lease liabilities, current     197,316       260,283  
    Taxes payable     1,003,350       969,595  
    Other payables     300,018       176,257  
    Accrued expenses and other liabilities     165,348       173,791  
    Accounts payable     39,023       210,348  
    TOTAL CURRENT LIABILITIES     3,595,577       3,924,212  
                     
    Operating lease liabilities, noncurrent     39,377       72,975  
    TOTAL LIABILITIES     3,634,954       3,997,187  
                     
    COMMITMENTS AND CONTINGENCIES                
                     
    EQUITY                
    Ordinary shares, $0.01 par value, 30,000,000 shares authorized; 4,410,559 shares issued and outstanding as of September 30, 2024 and March 31, 2024     44,106       44,106  
    Additional paid-in capital     5,124,236       5,124,236  
    Statutory reserve     867,530       867,530  
    Retained earnings     5,813,559       6,362,554  
    Accumulated other comprehensive loss     (923,282 )     (1,248,648 )
    Total shareholders’ equity     10,926,149       11,149,778  
    Non-controlling interest     936,878       1,009,458  
    TOTAL EQUITY     11,863,027       12,159,236  
    TOTAL LIABILITIES AND EQUITY   $ 15,497,981     $ 16,156,423  
    WAH FU EDUCATION GROUP LIMITED AND SUBSIDIARIES
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
     
        For the Six Months
    Ended
    September 30,    		  
        2024     2023  
                 
    REVENUE   $ 2,799,328     $ 3,647,954  
                     
    COST OF REVENUE AND RELATED TAX                
    Cost of revenue     1,217,472       1,569,477  
    Business and sales related tax     10,083       15,606  
                     
    GROSS PROFIT     1,571,773       2,062,871  
                     
    OPERATING EXPENSES                
    Selling expenses     756,639       804,790  
    General and administrative expenses     1,386,486       985,346  
    Total operating expenses     2,143,125       1,790,136  
                     
    (LOSS) INCOME FROM OPERATIONS     (571,352 )     272,735  
                     
    OTHER(EXPENSES) INCOME                
    Interest income     99,809       98,240  
    Other expenses     (19,254 )     (190,929 )
    Total other income (expense), net     80,555       (92,689 )
                     
    (LOSS) INCOME BEFORE INCOME TAX PROVISION     (490,797 )     180,046  
                     
    PROVISION FOR INCOME TAXES     89,953       55,492  
                     
    NET (LOSS) INCOME     (580,750 )     124,554  
                     
    Less: net loss attributable to non-controlling interest     (31,755 )     (102,575 )
                     
    NET (LOSS) INCOME ATTRIBUTABLE TO WAH FU EDUCATION GROUP LIMITED   $ (548,995 )   $ 227,129  
                     
    COMPREHENSIVE (LOSS) INCOME                
    Net income     (580,750 )     124,554  
    Other comprehensive loss: foreign currency translation gain (loss)     284,541       (732,741 )
    Total comprehensive loss   $ (296,209 )     (608,187 )
    Less: Comprehensive (loss) income attributable to non-controlling interest     (40,825 )     2,352  
                     
    COMPREHENSIVE LOSS ATTRIBUTABLE TO WAH FU EDUCATION GROUP LIMITED   $ (255,384 )   $ (610,539 )
                     
    (Loss) earnings per ordinary share – basic and diluted   $ (0.12 )   $ 0.05  
    Weighted average shares – basic and diluted     4,410,559       4,440,085  
    WAH FU EDUCATION GROUP LIMITED AND SUBSIDIARIES
    UNAUDITED CONDENSED CONSOLIDATION STATEMENTS OF CHANGES IN EQUITY
     
        Ordinary Shares     Additional
    Paid-in    		     Statutory     Retained     Accumulated
    Other
    Comprehensive    		     Shareholders’     Non-controlling     Total  
        Shares     Amount     Capital     Reserves     Earnings     Income (Loss)     Equity     Interest     Equity  
                                                           
    Balance at March 31, 2024   4,410,559     $ 44,106     $ 5,124,236     $ 867,530     $ 6,362,554     $ (1,248,648 )   $ 11,149,778     $ 1,009,458     $ 12,159,236  
                                                                           
    Net loss   –       –       –               (548,995 )     –       (548,995 )     (31,755 )     (580,750 )
    Foreign currency translation adjustment   –       –       –       –       –       325,366       325,366       (40,825 )     284,541  
                                                                           
    Balance at September 30, 2024   4,410,559     $ 44,106     $ 5,124,236     $ 867,530     $ 5,813,559     $ (923,282 )   $ 10,926,149     $ 936,878     $ 11,863,027  
                                                                           
    Balance at March 31, 2023   4,440,085     $ 44,401     $ 5,123,941     $ 867,530     $ 6,417,842     $ (752,391 )   $ 11,701,323     $ 1,328,660     $ 13,029,983  
                                                                           
    Net income (loss)   –       –       –               227,129       –       227,129       (102,575 )     124,554  
    Appropriation of statutory reserve   –       –       –       40,339       (40,339 )     –       –       –       –  
    Foreign currency translation adjustment   –       –       –       –       –       (735,093 )     (735,093 )     2,352       (732,741 )
                                                                           
    Balance at September 30, 2023   4,440,085     $ 44,401     $ 5,123,941     $ 907,869     $ 6,604,632     $ (1,487,484 )   $ 11,193,359     $ 1,228,437     $ 12,421,796  
    WAH FU EDUCATION GROUP LIMITED AND SUBSIDIARIES
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
     
        For the six months
    ended September 30,    		  
        2024     2023  
    Cash flows from operating activities:            
    Net (loss) income   $ (580,750 )   $ 124,554  
    Adjustments to reconcile net (loss) income to net cash used in operating activities:                
    Depreciation and amortization     45,344       37,158  
    Non-cash lease expense     110,983       122,276  
    Loss from disposal of property and equipment     3,245       –  
    Provision for doubtful accounts     127,686       194,014  
    Interest income from loan to third parties     (14,995 )     1,445  
    Deferred tax benefit     37,262       –  
    Changes in operating assets and liabilities:                
    Accounts receivable, net     284,584       (225,539 )
    Other receivable, net     (782,810 )     (33,407 )
    Other current assets     37,521       (112,254 )
    Deferred revenue     (288,352 )     (115,033 )
    Taxes payable     5,601       (12,102 )
    Accounts payable     –       (131,131 )
    Other payable     116,056       (1,551 )
    Operating lease liabilities     (103,468 )     58,915  
    Accrued expenses and other liabilities     (185,969 )     (7,708 )
    Net cash used in operating activities     (1,188,062 )     (100,363 )
                     
    Cash flows from investing activities:                
    Purchase of property and equipment     (8,281 )     –  
    Repayment received for loans to third parties     24,845       –  
    Purchase of ownership of a subsidiary     (53,733 )        
    Net cash used in investing activities     (37,169 )     –  
                     
    Effect of exchange rate fluctuation on cash     324,576       (1,045,602 )
                     
    Net decrease in cash     (900,655 )     (1,145,965 )
    Cash at beginning of the period     11,045,708       12,567,463  
    Cash at end of the period   $ 10,145,053     $ 11,421,498  
                     
    Supplemental cash flow information                
    Cash paid for income taxes   $ (49,575 )   $ (37,190 )
                     
    Non-cash financing activities                
    Right of use assets obtained in exchange for operating lease obligations   $ –     $ 200,115  

    The MIL Network –

  • MIL-OSI: PDF Solutions Completes Acquisition of secureWISE, LLC

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., March 07, 2025 (GLOBE NEWSWIRE) — PDF Solutions, Inc. (NASDAQ: PDFS), today announced it has closed the acquisition of secureWISE, LLC, a widely used secure, remote connectivity solution in the semiconductor manufacturing equipment industry, from Telit IOT Solutions Inc.

    By acquiring secureWISE, PDF Solutions expects to extend its leadership in data, analytics, and connectivity for the semiconductor industry ecosystem by significantly expanding PDF Solutions’ manufacturing connectivity network to include most of the 300mm fabs in the world. PDF’s footprint in the outsourced semiconductor assembly and test market is expected to accelerate the rate at which secureWISE moves into that part of the supply chain as well.

    “We are pleased to welcome secureWISE to the PDF Solutions team,” said Dr. John Kibarian, President, CEO, and co-founder of PDF Solutions. “We provide a leading analytics platform for the semiconductor industry, which, with secureWISE, we believe will further support the type of secure integration and collaboration needed across the industry.”

    Forward-Looking Statements

    The statements in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company’s expectations regarding the expected benefits of the secureWISE LLC acquisition and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms, that are subject to future events and circumstances. Risks and uncertainties that could cause results to differ materially include risks associated with: the effectiveness of the PDF Solutions’ business and technology strategies; current semiconductor industry trends and competition; rates of adoption of PDF Solutions’ solutions by new and existing customers; project milestones or delays and performance criteria achieved; cost and schedule of new product development and investments in research and development; the continuing impact of macroeconomic conditions, including inflation, changing interest rates and tariffs, the evolving trade regulatory environment and geopolitical tensions, and other trends impacting the semiconductor industry, PDF Solutions’ customers, operations, and supply and demand for its products; supply chain disruptions; the success of PDF Solutions’ strategic growth opportunities and partnerships; recent and future acquisitions, strategic alliances and relationships and PDF Solutions’ ability to successfully integrate acquired businesses and technologies, including secureWISE LLC and its business; whether PDF Solutions can successfully convert backlog into revenue; customers’ production volumes under contracts that provide Gainshare; the sufficiency of PDF Solutions’ cash resources and anticipated funds from operations; PDF Solutions’ ability to obtain additional financing if needed; PDF Solutions’ ability to use support and updates for certain open-source software; and other risks and uncertainties discussed in PDF Solutions’ periodic public filings with the SEC, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2024. All forward-looking statements and information included herein is given as of the filing date of this press release and based on information available to PDF Solutions at the time of this press release and future events or circumstances could differ significantly from these forward-looking statements. Unless required by law, PDF Solutions undertakes no obligation to update publicly any such forward-looking statements.

    About PDF Solutions 

    PDF Solutions (Nasdaq: PDFS) provides comprehensive data solutions designed to empower organizations across the semiconductor and electronics industry ecosystem to improve the yield and quality of their products and operational efficiency for increased profitability. The Company’s products and services are used by Fortune 500 companies across the semiconductor and electronics ecosystem to achieve smart manufacturing goals by connecting and controlling equipment, collecting data generated during manufacturing and test operations, and performing advanced analytics and machine learning to enable profitable, high-volume manufacturing. 

    Founded in 1991, PDF Solutions is headquartered in Santa Clara, California, with operations across North America, Europe, and Asia. The Company (directly or through one or more subsidiaries) is an active member of SEMI, INEMI, TPCA, IPC, the OPC Foundation, and DMDII. For the latest news and information about PDF Solutions or to find office locations, visit https://www.pdf.com. 

    Headquartered in Santa Clara, California, PDF Solutions also operates worldwide in Canada, China, France, Germany, Italy, Japan, Korea, Sweden, and Taiwan. For the Company’s latest news and information, visit https://www.pdf.com. 

    About secureWISE 

    The secureWISE platform is designed to enable secure and controlled remote connectivity, collaboration and service enablement in the semiconductor industry. The secureWISE suite of products and services is designed to give OEM suppliers role-based, real-time and on-demand access to their equipment that is installed at the production facilities of their customers, to deliver valuable operational insights, mission-critical performance, substantial time and cost savings, and new service revenue opportunities. As a remote access tool built around the ISMI guidelines, secureWISE is installed in over 90% of the world’s 300mm semiconductor fabs and also numerous solar and chemical plants across the globe.

    PDF Solutions, secureWISE, and the PDF Solutions logo are trademarks or registered trademarks of PDF Solutions, Inc. and/or its subsidiaries in the United States and other countries. Telit is a trademark or registered trademark of Telit. Other trademarks used herein are the property of their owners. 

    Company Contacts:      
    Adnan Raza    Sonia Segovia 
    Chief Financial Officer    Investor Relations 
    Tel: (408) 516-0237    Tel: (408) 938-6491 
    Email: adnan.raza@pdf.com    Email: sonia.segovia@pdf.com 

    The MIL Network –

  • MIL-OSI: Fairfax India Holdings Corporation: Executive Announcements

    Source: GlobeNewswire (MIL-OSI)

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

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) is pleased to announce that Debbie Chalkley will be appointed Chief Financial Officer (“CFO”) of Fairfax India effective March 10, 2025. Debbie has been part of the Fairfax family for over 13 years, with her most recent role being the CFO of Onlia Insurance. Prior to being CFO of Onlia Insurance, Debbie held a number of roles, with increasing responsibility, at Northbridge Financial Corporation, including Vice President in both finance and information technology.

    Amy Sherk, who is the current CFO of Fairfax India, will be appointed CFO of Fairfax, the controlling shareholder of Fairfax India, effective March 10, 2025. Amy will remain a Vice President of Fairfax India to ensure a seamless transition for her successor and to continue to contribute to the growth of the Company over the long term.

    Prem Watsa, Founder of Fairfax India, commented, “Fairfax India is fortunate to have had the benefit of Amy’s leadership, expertise, dedication and financial acumen for the past six years. I have no doubt Amy will continue to thrive in her new role as CFO of Fairfax. We are also excited to welcome Debbie to the Fairfax India team and look forward to working with her during the next phase of Fairfax India’s growth. As I have said many times, we are lucky to have the executive depth within the Fairfax family to continue to execute sound succession planning.”

    About Fairfax India

    Fairfax India is an investment holding company whose objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

       
    For further information, contact: John Varnell, Vice President, Corporate Affairs
      (416) 367-4755

    The MIL Network –

  • MIL-OSI: NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    FARGO, N.D., March 07, 2025 (GLOBE NEWSWIRE) — NI Holdings, Inc. (“NI Holdings,” or the “Company,” NASDAQ: NODK) announced today results for the year ended December 31, 2024.

    Summary of Year-End 2024 Results
    (All comparisons vs. continuing operations for the year-end 2023, unless noted otherwise)

    • Strong fourth quarter net income of $9.9 million, with 16.2% return on average equity.
    • Fourth quarter combined ratio of 80.0%, up 1.3 pts compared to the prior year quarter, reflecting excellent underwriting results in our Private Passenger Auto and Home and Farm segments, partially offset by unfavorable prior year reserve development and further current year reserve strengthening in Non-Standard Auto.
    • Combined ratio of 100.7% for full year 2024 versus 97.0% for the prior year, driven by unfavorable prior year reserve development in Non-Standard Auto and higher loss severity and higher non-catastrophe weather-related losses in North Dakota and Nebraska Home and Farm, partially offset by lower levels of weather-related losses and a sustained moderation of severity in Private Passenger Auto.
    • Net investment income increased 36.2% to $10.9 million, driven by higher fixed income reinvestment rates.
    • Direct written premiums of $73.1 million during the quarter, down 7.9% compared to the prior year quarter and full year direct written premiums of $342.3 million, up 0.3% compared to prior year. Decrease for the quarter was driven by Non-Standard Auto, while full-year growth was driven by increased premiums in the Private Passenger Auto and Home and Farm segments, partially offset by Crop and Non-Standard Auto.
    • Net earned premiums of $71.8 million, down 3.0% compared to prior year quarter and full year net earned premiums of $310.1 million, up 6.2% compared to prior year.
    • Earnings per share of $0.47 for the current year quarter compared to $0.92 for the prior year quarter, and earnings per share of $0.31 for the current year compared to $0.93 for the prior year.
      Three Months Ended December 31,   Year Ended December 31,
    Dollars in thousands, except per share data
    (unaudited)    		 2024 2023 Change   2024 2023 Change
    Direct written premiums $73,084 $79,370 (7.9%)   $342,301 $341,234 0.3%
    Net earned premiums $71,787 $73,993 (3.0%)   $310,110 $292,117 6.2%
    Loss and LAE ratio 45.8% 43.5% 2.3 pts   66.9% 63.8% 3.1 pts
    Expense ratio 34.2% 35.2% (1.0) pts   33.8% 33.2% 0.6 pts
    Combined ratio 80.0% 78.7% 1.3 pts   100.7% 97.0% 3.7 pts
    Net income (loss) attributable to NI Holdings $9,848 $6,625 48.6%   $(6,060) $(5,476) 10.7%
    Continuing operations $9,848 $19,202 (48.7%)   $6,600 $19,581 (66.3%)
    Discontinued operations – $(12,577) NM   $(1,512) $(25,057) (94.0%)
    Loss on sale of discontinued operations – – NM   $(11,148) – NM
    Return on average equity 16.2% 32.3% (16.1) pts   2.8% 7.9% (5.1) pts
    Basic earnings (loss) per share $0.47 $0.32 46.9%   $(0.29) $(0.26) 11.5%
    Continuing operations $0.47 $0.92 (48.9%)   $0.31 $0.93 (66.7%)
    NM = not meaningful


    Management Commentary

    “I would like to reiterate the honor and privilege it is to have the opportunity to lead this organization,” said Seth Daggett, newly named President and Chief Executive Officer. “I am excited to continue to build off its excellent foundation and partner with our talented board, employees, and agents to further advance the Company toward a successful future.

    Turning to results, we were pleased with our performance during the fourth quarter, particularly our Private Passenger Auto and Home and Farm segments, which benefited from improved weather and the aggressive rate and underwriting actions we’ve taken over the past two years. Our high-quality investment portfolio once again produced strong returns, resulting in a meaningful $2.9M year-over-year increase in net investment income. We continued to face challenging operating conditions in our Non-Standard Auto business, leading to another quarter of unfavorable reserve development in the segment. To that end, in the fourth quarter we began to execute aggressive strategic actions to address these issues and will continue these efforts in the coming year.

    These actions, as well as the sale of Westminster American Insurance in the second quarter, support our immediate priority of improving our risk profile to target reduced earnings volatility, while ultimately supporting our ability to generate consistent profitable growth going forward.

    Looking ahead, we will refocus our efforts on development of a comprehensive long-term strategic plan centered around our strong and longstanding foundation in North Dakota, including increased investments in people and technology, enhanced distribution management efforts, and a renewed focus on expense management initiatives. We’re confident this plan will support our primary objective of creating lasting value for our shareholders through sustained growth and profitability over time.”

    Securities and Exchange Commission (SEC) Filings

    The Company’s Annual Report on Form 10-K and latest financial supplement can be found on the Company’s website at www.niholdingsinc.com. The Company’s filings with the SEC can also be found at www.sec.gov.

    About the Company
    NI Holdings, Inc. is an insurance holding company. The Company is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. NI Holdings’ financial statements are the consolidated financial results of NI Holdings; Nodak Insurance, including Nodak’s wholly-owned subsidiaries American West Insurance Company, Primero Insurance Company, and Battle Creek Insurance Company; Direct Auto Insurance Company; and Westminster Insurance Company until the date of sale.

    Safe Harbor Statement
    Some of the statements included in this news release, particularly those anticipating future financial performance, including investment performance and yields, business prospects, growth and operating strategies, the impact of underwriting changes and other strategic actions on operating results, our plans to increase investments in people and technology, enhance distribution management efforts, and focus on expense management initiatives, our ability to generate consistent profitable growth and create lasting value for our shareholders, and similar matters, are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Actual results could vary materially. Factors that could cause actual results to vary materially include: our ability to maintain profitable operations, the adequacy of the loss and loss adjustment expense reserves, business and economic conditions, the changes in the international trade policies and the potential impact of such changes, interest rates, competition from various insurance and other financial businesses, terrorism, the availability and cost of reinsurance, adverse and catastrophic weather events, including the impacts of climate change, legal and judicial developments, changes in regulatory requirements, our ability to integrate and manage successfully the insurance companies we may acquire from time to time, the impact of inflation on our operating results, and other risks we describe in the periodic reports we file with the SEC. You should not place undue reliance on any such forward-looking statements. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to our Annual Report on Form 10-K, as filed with the SEC.

    Investor Relations Contact:
    Matt Maki
    Executive Vice President, Treasurer and Chief Financial Officer
    701-212-5976
    IR@nodakins.com

    The MIL Network –

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 07.03.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    7 March 2025 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 07.03.2025

    Espoo, Finland – On 7 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 2,323,101 4.80
    CEUX 1,122,657 4.81
    BATE – –
    AQEU 169,407 4.80
    TQEX 128,083 4.80
    Total 3,743,248 4.81

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 7 March 2025 was EUR 17 987 430. After the disclosed transactions, Nokia Corporation holds 153 058 513 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network –

  • MIL-OSI: BitMart Announces VIP Elite Invitation: Unlock Top-Tier VIP Benefits!

    Source: GlobeNewswire (MIL-OSI)

    Mahe, Seychelles , March 07, 2025 (GLOBE NEWSWIRE) — BitMart, a leading global cryptocurrency exchange, is thrilled to introduce the all-new VIP Elite Channel, designed to provide traders with an unparalleled crypto trading experience. By meeting any of the eligibility criteria, users can quickly unlock high-level VIP benefits, enjoy exclusive services, and enhance their trading journey! 

    Event Duration

    Starting March 8, 2025, VIP experience cards will be available for a limited-time free giveaway!

    How to Participate

    To apply for a VIP Experience Card, simply follow these steps:

    1. Click to Apply – Submit any of the following task screenshots:
      • A 30-day spot trading volume screenshot 
      • Proof of VIP membership from another exchange
    2. Enjoy VIP+1 Perks – If you provide proof of VIP membership from another exchange, BitMart will grant you an upgraded 28-day VIP+1 experience!
    3. Alternative Submission – You can also email vip.support@bitmart.com to submit relevant materials and fast-track your VIP experience application.

    Example

    • Submit a 30-day spot trading volume screenshot from BitMart between 700,000 USDT and 1,000,000 USDT, and receive a VIP1 28-day experience card!
    • After the experience period, if you become a formal VIP, you will unlock VIP welcome gifts. Contact vip.support@bitmart.com to redeem them!

    Terms and Conditions

    • This event is exclusive to non-VIP users. Existing VIP users are not eligible.
    • Eligible users will receive their VIP experience cards within 7 business days.
    • Any malicious activity, including multiple account creation or fraudulent actions, will result in disqualification.
    • BitMart reserves the right to interpret the event’s terms and conditions, including modifying, changing, or canceling the event without prior notice.

    For any inquiries, please contact our VIP support team at vip.support@bitmart.com.

    About BitMart
    BitMart is the premier global digital asset trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinGecko, it currently offers 1,700+ trading pairs with competitive trading fees. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their Website, follow their X (Twitter), or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.

    Disclaimer:

    Use of BitMart services is entirely at your own risk. All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.

    The MIL Network –

  • MIL-OSI: Mountain America Credit Union Expands Partnership With CenterPoint Theatre

    Source: GlobeNewswire (MIL-OSI)

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

    CENTERVILLE, Utah, March 07, 2025 (GLOBE NEWSWIRE) — Mountain America Credit Union announced today the expansion of its partnership with CenterPoint Theatre. The announcement was made during a special event at the theater this morning, attended by theater and credit union executives, community leaders, and several hundred invited guests.

    “We are pleased to continue our support of CenterPoint Theatre and the incredible programs they provide, especially those for children and teens,” said Sterling Nielsen, president and CEO of Mountain America Credit Union. “For more than three decades, they have been a vital part of this community, transforming and enriching the lives of thousands.”

    This expanded partnership includes renaming of the Main Stage to the Mountain America Main Stage at CenterPoint Theatre. This new partnership will provide critical funding to improve and expand the theater’s facilities, while also enhancing the programs of CenterPoint Academy, the state’s preeminent musical theater training program that provides education and performance opportunities to more than 1,000 students from more than 700 families. The funding will support the Academy as it puts on 10 shows each year that entertain more than 25,000 people through nearly 200 performances.

    “We are beyond excited to have Mountain America Credit Union as our partner now and into the future,” said Danny Inkley, executive director of CenterPoint Theatre. “They’ve been a tremendous supporter of our community, the CenterPoint organization overall, and CenterPoint Academy in particular. We’re thrilled for this expanded partnership that supports our exciting growth and lays out even more significant opportunities for all community members to experience the connection, joy, and quality entertainment CenterPoint provides.”

    CenterPoint Theatre is in its 35th year of telling the Stories That Connect Us. Founded in 1990 by Ralph and Joan Rodgers, Margo and Dave Beecher, and Beverly and Blaine Olsen, the theater now operates in a state-of-the-art facility that promotes CenterPoint’s mission to offer transformative live performances to enrich the community and significant arts education to develop young people.

    “This partnership highlights Mountain America’s commitment to the arts and the communities we serve,” said Nathan Anderson, chief operating officer for Mountain America. “We are proud to collaborate with such an outstanding organization whose vision and mission touch the lives of so many.”

    For more information about Mountain America Credit Union, visit macu.com.

    For more information about CenterPoint Theatre, visit centerpointtheatre.org.

    NOTE: Video and photo assets available at https://shorturl.at/t7xJW or macu.com/centerpoint after 5:00pm MST.

    About Mountain America Credit Union

    With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across a multi-state region, and more than 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.

    About CenterPoint Theatre

    CenterPoint Theatre, located in Centerville, Utah, is the premier community theatre in the state of Utah, committed to telling the best stories in the best ways and helping our community build meaningful connections. The theatre is committed to elevating, educating, and entertaining the community through participation in and enjoyment of the performing arts. CenterPoint produces more than a dozen shows each year, with 480 performances to audiences of more than 150,000. The theatre also operates CenterPoint Academy, the pre-eminent musical theatre training program in the state of Utah, offering training to more than 1,000 students from more than 700 families. In addition, CenterPoint’s community outreach programs impact tens of thousands of students, community members, and many of our friends with special needs.

    The MIL Network –

  • MIL-OSI: Roper Technologies announces dividend

    Source: GlobeNewswire (MIL-OSI)

    SARASOTA, Fla., March 07, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) announced that its Board of Directors has approved a dividend of $0.825 per share payable on April 22, 2025 to stockholders of record on April 4, 2025.

    About Roper Technologies

    Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

    Contact information:
    Investor Relations
    941-556-2601
    investor-relations@ropertech.com

    The MIL Network –

  • MIL-OSI: Cross Trade Pro Sets New Industry Standard with 99.9% Trade Execution Accuracy

    Source: GlobeNewswire (MIL-OSI)

    London, UK, March 07, 2025 (GLOBE NEWSWIRE) — Cross Trade Pro has once again raised the bar for the global trading industry by achieving an unprecedented 99.9% trade execution accuracy. This milestone cements its position as the most advanced and reliable trading platform, offering traders seamless execution, zero slippage, and superior market performance.

    With cutting-edge AI-driven technology, deep liquidity pools, and an ultra-fast execution engine, Cross Trade Pro is redefining how traders interact with global financial markets. Whether it’s crypto, forex, or commodities, traders can now trade with confidence, knowing that their orders are executed with unmatched precision.

    Setting a New Benchmark in the Trading Industry

    The global trading landscape is evolving rapidly, with technology playing a crucial role in improving efficiency, reducing errors, and maximizing profitability. Many platforms struggle with slippage, delays, and inconsistent order execution, leading to missed opportunities and financial losses for traders.

    By reaching an industry-leading 99.9% trade execution accuracy, Cross Trade Pro eliminates these concerns, providing a seamless and frictionless trading experience. Unlike traditional platforms that rely on outdated order-matching systems, Cross Trade Pro leverages high-frequency trading (HFT) algorithms and deep liquidity aggregation to ensure near-instant trade execution at the most favorable prices.

    How Cross Trade Pro Achieves 99.9% Trade Execution Accuracy

    Achieving this level of precision is no small feat. Cross Trade Pro utilizes a combination of cutting-edge technologies and strategic partnerships to deliver flawless execution.

    1. AI-Powered Smart Order Routing (SOR)

    Cross Trade Pro’s advanced Smart Order Routing (SOR) system scans multiple liquidity providers and exchanges in real-time to find the best available prices for traders. By analyzing order books and depth-of-market data, SOR ensures that every trade is executed at the optimal price with minimal latency.

    2. Ultra-Low Latency Trading Infrastructure

    Latency is a trader’s worst enemy, often leading to slippage and price discrepancies. Cross Trade Pro has invested heavily in state-of-the-art trading infrastructure, utilizing high-speed data centers located near major financial hubs, fiber-optic connectivity for lightning-fast data transmission, and cloud-based order processing for maximum efficiency.

    With execution speeds measured in microseconds, traders experience real-time responsiveness like never before.

    3. Deep Liquidity and Multi-Exchange Connectivity

    Liquidity fragmentation is a major challenge for traders, especially in volatile markets. Cross Trade Pro integrates with leading liquidity providers, banks, and global exchanges, offering traders access to institutional-grade liquidity for large orders, tighter spreads and better pricing, and reduced slippage for high-frequency trading strategies.

    This ensures that even during high market volatility, traders get the best possible execution rates.

    4. Cutting-Edge Risk Management Technology

    Trading involves risk, and mitigating it is crucial. Cross Trade Pro employs AI-driven risk management tools to detect and prevent trade anomalies, identify and mitigate potential slippage in real-time, and ensure order book stability even during rapid price movements.

    This results in greater stability, security, and confidence for traders executing both small and large-volume trades.

    What 99.9% Trade Execution Accuracy Means for Traders

    The impact of this milestone cannot be overstated. Traders on Cross Trade Pro now enjoy:

    • Zero Slippage Execution – Orders are matched precisely at the entered price, avoiding unnecessary losses.
    • Instant Market Access – High-frequency traders (HFTs) and algorithmic traders can execute strategies without execution delays.
    • Lower Trading Costs – Reduced spreads and higher liquidity translate into cost savings for every trade.
    • Higher Profit Potential – Traders can capitalize on market opportunities faster and with greater precision.

    This level of execution accuracy makes Cross Trade Pro the go-to platform for institutional traders, hedge funds, and retail investors alike.

    Industry Experts React to Cross Trade Pro’s Breakthrough

    The trading community has taken notice of Cross Trade Pro’s latest achievement. Industry leaders and professional traders have lauded the platform’s commitment to innovation and performance.

    “99.9% execution accuracy is a game-changer. It eliminates the uncertainty that comes with market fluctuations, giving traders an edge over competitors,” said David Larson, a veteran forex trader.

    Another professional trader, Emma Reynolds, praised the platform’s efficiency, stating:
    “Having traded on multiple platforms, I can confidently say that Cross Trade Pro offers the fastest and most reliable execution I’ve experienced.”

    The Future of Trading with Cross Trade Pro

    With a mission to empower traders with cutting-edge technology, Cross Trade Pro is continuously evolving. The company is investing in even more AI-driven features, enhanced analytics, and next-generation trading algorithms that will further optimize the trading experience.

    The roadmap for Cross Trade Pro includes:

    • Advanced AI Market Prediction Tools – Leveraging big data to anticipate market movements with higher accuracy.
    • Expanded Asset Offerings – Providing traders with more cryptocurrency pairs, forex options, and commodities.
    • User-Centric Interface Upgrades – Ensuring an even smoother and more intuitive trading experience.
    • Greater Institutional Access – Strengthening partnerships with hedge funds and liquidity providers.

    By staying ahead of technological trends, Cross Trade Pro ensures that traders always have a competitive edge in global markets.

    Join the Future of Trading with Cross Trade Pro

    The trading industry is rapidly changing, and traders need a platform that offers stability, reliability, and innovation. With its groundbreaking 99.9% trade execution accuracy, Cross Trade Pro is leading the charge toward a more efficient and profitable trading experience for all.

    Traders looking to maximize their profit potential, reduce trading costs, and gain access to superior liquidity can sign up today and start experiencing the future of trading.

    To learn more and start trading with unparalleled precision, visit Cross Trade Pro today. 

    The MIL Network –

  • MIL-OSI: Bel Announces Grand Opening of New Facility in India

    Source: GlobeNewswire (MIL-OSI)

    WEST ORANGE, N.J., March 07, 2025 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the grand opening of its new facility in Manesar, Gurugram, India, a critical milestone following Bel’s acquisition of Enercon in November 2024. The original Enercon factory in India, which this replaces, was opened in 2018 and grew from 17 associates to over 200 associates today. The new facility will enable our Power Solutions and Protection segment to double its manufacturing capacity in India. This expands the overall Bel footprint outside of China thus providing more optionality for our customers. 

    Dan Bernstein, President and CEO of Bel, commented, “We’re excited to be celebrating the opening of our new facility in India. This project was underway by the Enercon team at the time of our acquisition and will aid Bel’s goal to accelerate the geographic diversification of our manufacturing footprint.” Eyal Shary, CEO of Enercon, added, “We are proud of our investment in India and our ability to grow our manufacturing base within it. The Enercon team did an amazing job of keeping this project on track even during the acquisition process and we look forward to the combined company benefitting from the additional space.”

    About Bel
    Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the defense, commercial aerospace, networking, telecommunications, computing, general industrial, high-speed data transmission, transportation and eMobility industries. Bel’s portfolio of products also finds application in the automotive, medical, broadcasting and consumer electronics markets. Bel’s product groups include Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies), and Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components). The Company operates facilities around the world.

    Company Contact:
    Lynn Hutkin
    VP Financial Reporting & Investor Relations
    ir@belf.com 

    Investor Contact:
    Three Part Advisors
    Jean Marie Young, Managing Director or Steven Hooser, Partner
    631-418-4339
    jyoung@threepa.com; shooser@threepa.com

    The MIL Network –

  • MIL-OSI: RegEd Welcomes Evan Cox as Chief Technology Officer to Drive Technology Innovation and Client Success

    Source: GlobeNewswire (MIL-OSI)

    Raleigh, NC, March 07, 2025 (GLOBE NEWSWIRE) — RegEd, the market-leading provider of enterprise compliance solutions for insurance companies and financial services firms, is thrilled to announce the appointment of Evan Cox as Chief Technology Officer (CTO). With more than two decades of experience in technology leadership, Cox will spearhead RegEd’s technology strategy—advancing security, reliability, and platform modernization to ensure continued innovation and superior client outcomes. 

    As CTO, Cox will focus on enhancing RegEd’s cloud-based SaaS architecture, modernizing APIs and software development processes, expanding deployment options, and fortifying cybersecurity and compliance measures. His leadership will be instrumental in strengthening RegEd’s cutting-edge compliance and credentialing technology, ensuring clients receive the most advanced, secure, and efficient solutions available. 

    Cox joins RegEd from ION, a global provider of trading and workflow automation software for financial institutions, where he led the development of high-performance, mission-critical enterprise solutions known for their scalability and reliability. Prior to that, he held leadership roles at Allegro Development Corporation, including serving as CTO, where he drove technology transformation in the financial services sector. 

    “Evan is a dynamic technology leader with a track record of driving meaningful innovation,” said Frank Brienzi, CEO of RegEd. “Having worked alongside him before, I have seen firsthand his ability to transform technology ecosystems, enhance security, and deliver solutions that empower clients. His expertise will be invaluable as we continue evolving our platform to meet the ever-changing needs of our industry.” 

    Cox is equally enthusiastic about the opportunity to shape RegEd’s next phase of growth. 

    “RegEd is at a pivotal moment, and I’m honored to join at such an exciting time,” said Evan Cox, CTO. “The demand for secure, scalable, and intelligent compliance solutions has never been greater. I look forward to working with Frank and the entire team to drive technology modernization, enhance platform capabilities, and ensure we continue to set the standard for excellence in compliance solutions.” 

    With Cox at the helm of technology strategy, RegEd reaffirms its commitment to delivering industry-leading compliance solutions that empower clients to operate with confidence and efficiency. 

    For more information, visit https://www.reged.com/. 

    About RegEd

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

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

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

    The MIL Network –

  • MIL-OSI: Financial Institutions Face Economic Uncertainties, Rising Competition from Consolidation and Digital-Only Providers, According to New Strata Report

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 07, 2025 (GLOBE NEWSWIRE) — Financial institutions nationwide are preparing to navigate significant economic uncertainties and mounting competition from non-traditional, digitally based competitors and industry consolidation throughout 2025, according to a new report from Strata Decision Technology.

    The 2025 CFO Outlook for Financial Institutions report combines industry analysts’ projections with Strata’s independent research. The impacts of interest rate changes and other economic factors — such as tariffs on imports from countries such as China, Canada, and Mexico — remain unknown. At the same time, analysts predict financial institutions could benefit from regulatory changes and the expansion of new technologies.

    “Financial institution leaders face considerable challenges as they work to bolster stability for their institutions in 2025,” said Eric Wheeler, Senior Director for Product Management at Strata. “Yet analysts are cautiously optimistic and predict that the momentum of 2024 will continue this year. Leaders will need to prepare for a variety of potential outcomes as they navigate shifting market forces, rising competition, and an unclear economic environment.”

    Finance leaders cited shifting interest rates as both the No. 1 risk and the primary driver of business model change in 2025. The Federal Reserve has indicated it will lower interest rates in 2025, but not to the extent originally projected and dependent on how the broader economy performs.

    With the Trump administration’s promises to scale back Biden-era regulations, financial institutions anticipate potential easing of capital requirements and further incentives for digital innovation. At the same time, however, the Trump administration is also easing restrictions on fintechs and cryptocurrency providers, which could lead to heightened competition from non-traditional financial services companies.

    The continued rise of digital-only, alternative finance providers such as neobanks and buy-now pay-later platforms remains a serious concern for industry leaders. In response, leaders cited their top three areas for technology spend in 2025 as digital banking, data and analytics, and fraud prevention and security.

    Analysts predict the industry will see an increase in the number of mergers and acquisitions in 2025, as asset quality improvements that began in late 2024 continue. Banks, credit unions, and other financial institutions are expected to continue to consolidate as they seek to build scale and keep pace with technological advancements. Some analysts anticipate the increased M&A activity will include a rise in non-traditional mergers among credit unions and banks, and banks and fintech companies.

    Artificial intelligence (AI) was identified as the top factor that will have the biggest impact on the future of financial services. Business applications of AI remain relatively low across all industries — including financial institutions — but that is expected to rapidly change in the coming years. Strata customers have said their institutions are applying AI primarily for customer service, such as the use of chatbots to communicate with customers. Many institutions plan to expand AI use over the next 12-18 months in areas such as financial systems, planning, fraud prevention, and further personalizing the customer experience.

    To address interest rate uncertainties, institutions are implementing numerous strategies, including increasing their focus on non-interest income, decreasing expenses, and changing product pricing. Financial institution leaders noted that commercial loans are projected to be their top area of profitability growth in 2025. Other anticipated growth areas include mortgage loans, consumer loans, deposits, and small business loans.

    About Strata Decision Technology

    Strata Decision Technology, LLC provides a cloud-based, enterprise performance platform for software, and data and service solutions to help organizations better analyze, plan, and perform in support of their missions. More than 2,300 organizations rely on Strata’s StrataJazz and Axiom solutions for financial analytics, planning, and performance management. Named the market leader for Business Decision Support for more than 15 consecutive years, Strata delivers first-class solutions and service, with an intense focus on accelerating innovation. For more information, please go to www.stratadecision.com.

    Media contact: 
    Sally Brown, Inkhouse
    strata@inkhouse.com

    The MIL Network –

  • MIL-OSI: Bigbank 2024 Audited Annual Report

    Source: GlobeNewswire (MIL-OSI)

    The Management Board of Bigbank has compiled the audited Annual Report for 2024. Compared to the unaudited interim report published on 26 February, there are no differences in the financial results.

    The consolidated Annual Report for 2024 of Bigbank AS is attached to this announcement and is also available on the bank’s investor page: https://investor.bigbank.eu/reports.

    The report will be presented for approval at the General Meeting of Shareholders.

    Growth in Operating Volumes in 2024

    • Total assets grew to 2.78 billion euros, increasing by 491 million euros (+21%).
    • The deposit portfolio grew to 2.39 billion euros, increasing by 456 million euros (+24%).
    • The gross loan portfolio grew to 2.2 billion euros, increasing by 535 million euros (+32%).
    • Net profit totalled 32.3 million euros.
    • Return on equity (ROE) stood at 12.5%.

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 31 December 2024, the bank’s total assets amounted to nearly 2.8 billion euros, with equity close to 270 million euros. Operating in nine countries, the bank serves more than 167,000 active customers and employs over 500 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Tel: +372 53 930 833
    Email: Argo.Kiltsmann@bigbank.ee 
    www.bigbank.ee

    Attachments

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  • MIL-OSI: Mountain America Partnered to Build 15 Little Free Libraries in Phoenix

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, March 07, 2025 (GLOBE NEWSWIRE) — Mountain America Credit Union, in collaboration with the Phoenix Suns/Phoenix Mercury Foundation and Southwest Human Development, recently organized a hands-on volunteer event aimed at promoting literacy and community engagement. On February 26, 2025, volunteers gathered at Player 15 Group to build, paint, and decorate Little Free Libraries. These libraries will be strategically placed around the Phoenix Valley to increase access to books for underserved communities.

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

    “We are dedicated to actively contributing and making a meaningful impact within our community,” said Nathan Anderson, executive vice president and chief operating officer at Mountain America. “Our commitment goes beyond mere participation; we strive to be a driving force for positive change and growth.”

    With Mountain America’s contribution, 15 Little Free Libraries will be placed around the Valley. The libraries will be stocked with copies of the community book, “We Are the Valley/Somos El Valle,” a bilingual book celebrating the diverse community’s love of basketball. The Little Free Libraries and these books ensure local youth have access to meaningful reading materials.

    “We are very excited to have the opportunity to work with two of our long-time partners, the Phoenix Suns Phoenix Mercury Foundation and Mountain America Credit Union,” said Jake Adams, chief development officer at Southwest Human Development. “These two organizations have financially invested in making our community a great place and their employees are always ready to roll up their sleeves to pitch in and get work done. We’re thrilled to build Little Free Libraries with our partners and make sure children in all neighborhoods in the Valley have access to books.” 

    Mountain America has collaborated with Southwest Human Development since 2017, contributing over $150,000 to various projects, including the Little Free Libraries.

    To learn more about Mountain America’s community involvement initiatives, visit macu.com.

    About Mountain America Credit Union
    With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across multiple states, and more than 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com.

    The MIL Network –

  • MIL-OSI: Euronext announces volumes for February 2025

    Source: GlobeNewswire (MIL-OSI)

    Euronext announces volumes for February 2025        

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 7 March 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for February 2025.

    Monthly and historical volume tables are available at this address:

    euronext.com/investor-relations#monthly-volumes 

    CONTACTS  

    ANALYSTS & INVESTORS – ir@euronext.com
    Investor Relations       Aurélie Cohen                 
                              Judith Stein        +33 6 15 23 91 97          
    MEDIA – mediateam@euronext.com 
    Europe                  Aurélie Cohen         +33 1 70 48 24 45   
                              Andrea Monzani         +39 02 72 42 62 13 
    Belgium                 Marianne Aalders         +32 26 20 15 01                 
    France, Corporate      Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 
    Ireland                  Andrea Monzani         +39 02 72 42 62 13                 
    Italy                     Ester Russom         +39 02 72 42 67 56                 
    The Netherlands       Marianne Aalders         +31 20 721 41 33                 
    Norway                 Cathrine Lorvik Segerlund        +47 41 69 59 10                 
    Portugal                Sandra Machado        +351 91 777 68 97                
    Corporate Solutions   Coralie Patri         +33 7 88 34 27 44         

              

    About Euronext   

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. 

    As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. 

    For the latest news, go to euronext.com or follow us on X and LinkedIn. 

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Attachment

    The MIL Network –

  • MIL-OSI: BW Offshore: New awards under Long-Term Incentive Programme

    Source: GlobeNewswire (MIL-OSI)

    New awards under Long-Term Incentive Programme

    The Board of Directors of BW Offshore Limited (“BWO” or the “Company”) has approved new awards under the Long-Term Incentive Programme (LTIP) adopted in 2024. The programme is a combination of Share Options and Restricted Share Unit (RSUs), aimed to align the interests of the participating employees with those of the Company’s shareholders. The programme is discretionary, and participants are invited on an annual basis.

    The total number of options awarded under the LTIP for 2025 is 800,000 where each option will give the holder the right to acquire one BW Offshore share. A total of 6 BW Offshore employees have been invited to participate in the Share Option Programme.

    The strike price of the options is calculated based on the volume weighted average share price five trading days prior to grant date, plus a premium of 15.76% (corresponding to a 5% increase annually over three years). The strike price for the options awarded on 7 March 2025 is NOK 32.19.

    The options will have a vesting period of three years, followed by a three-year exercise period. Exercise windows will be set by the Company. The options will expire six years after the award date.

    The options are non-tradable and conditional upon the option holder being employed by the Company and not having resigned or being terminated for cause prior to the vesting date.

    For the year 2025, the Board of Directors has on 7 March 2025 also awarded 92,400 RSUs to 18 employees within the Company.

    The RSUs will be settled in shares following a three-year vesting period from the grant date.

    The following primary insiders of the Company have been awarded options under the LTIP:

    1. Chief Executive Officer, Marco Beenen
    Options awarded: 300,000
    Total number of options: 2,159,372
    Shares held: 49,993

    2. Chief Financial Officer, Ståle Andreassen
    Options awarded: 100,000
    Total number of options: 634,355
    Shares held: 229,273

    3. Chief Commercial Officer, Mona Rajoo
    Options awarded: 100,000
    Total number of options: 189,689
    Shares held: 1,618

    4. Chief Technical Officer, Mike McAreavey
    Options awarded: 100,000
    Total number of options: 264,860
    Shares held: 0

    5. Chief Strategy Officer, Anders S. Platou
    Options awarded: 100,000
    Total number of options: 364,860
    Shares held: 0

    6. General Counsel, Ming Yen Yip
    Options awarded: 100,000
    Total number of options: 236,360
    Shares held: 0

    For further information, please contact:
    Ståle Andreassen, CFO, +47 91 71 86 55
    IR@bwoffshore.com or www.bwoffshore.com

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

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

    Attachment

    The MIL Network –

  • MIL-OSI: Form 8.3 – Dalata Hotel Group plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    IRISH TAKEOVER PANEL

    DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

    DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

    1. KEY INFORMATION

    Name of person dealing (Note 1) State Street Global Advisors & Affiliates
    Company dealt in Dalata Hotel Group plc
    Class of relevant security to which
    the dealings being disclosed relate (Note 2)    		 €0.01 ordinary shares
    Date of dealing 06 March 2025

    2. INTERESTS AND SHORT POSITIONS
    (110) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

      Long Short
      Number (%) Number (%)
    (1) Relevant securities 2,278,380 1.07733%    
    (2) Derivatives (other than options) N/A N/A    
    (3) Options and agreements to
    purchase/sell    		 N/A N/A    
    Total 2,278,380 1.07733%           

            

    (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

    Class of relevant security: Long Short
      Number (%) Number (%)
    (1) Relevant securities N/A      
    (2) Derivatives (other than options) N/A      
    (3) Options and agreements to purchase/sell N/A      
    Total N/A      

    3. DEALINGS (Note 4)
    (110) Purchases and sales

    Purchase/sale Number of relevant securities Price per unit (Note 5)

            
    (b) Derivatives transactions (other than options transactions)

    Product name,
    e.g. CFD    		 Nature of transaction

    (Note 6)

    		 Number of relevant securities

    (Note 7)

    		 Price per unit

    (Note 5)
    N/A      

            
    (c) Options transactions in respect of existing relevant securities

    (i) Writing, selling, purchasing or varying

    Product name,
    e.g. call option    		 Writing, selling,
    purchasing
    varying etc.    		 Number of
    securities to which
    the option relates
    (Note 7)    		 Exercise
    price    		 Type, e.g.
    American,
    European etc.    		 Expiry
    date    		 Option money
    paid/received
    per unit (Note 5)
    N/A            

    (ii) Exercising

    Product name,
    e.g. call option    		 Number of securities Exercise price per
    unit (Note 5)
    N/A    

    (d) Other dealings (including transactions in respect of new securities) (Note 4)

    Nature of transaction
    (Note 8)    		 Details Price per unit
    (if applicable) (Note 5)
    N/A    

    4. OTHER INFORMATION
    Agreements, arrangements or understandings relating to options or derivatives

    Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
    N/A
    Is a Supplemental Form 8 attached? (Note 9) NO
    Date of disclosure 07 March 2025
    Contact name Divya K
    Telephone number                                 +918067452364
    If a connected EFM, name of offeree/offeror with which connected N/A
    If a connected EFM, state nature of connection (Note 10) N/A

    The MIL Network –

  • MIL-OSI: Changes in the Supervisory Board and Management Board of subsidiary

    Source: GlobeNewswire (MIL-OSI)

    The membership of the Supervisory Board of Aktsiaselts Infortar subsidiary Elenger Polska Sp. z o.o. is changing. As of 07.03.2025, Vaiko Tammeväli was called back from Supervisory Board based on a resolution of the sole shareholder of Elenger Polska Sp. z o.o. The Supervisory Board of Elenger Polska Sp. z o.o. will continue with five members.
    Additionally, the Supervisory Board has decided to appoint Paweł Szaniewski as a Management Board member. After these changes, the Management Board will continue with three members.
    The short description of the previous professional experience Vaiko Tammeväli and Paweł Szaniewski and the amount of shares in Infortar are attached to this notice.

    Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar also operates in construction and mineral resources, agriculture, printing, and other areas. A total of 110 companies belong to the Infortar group: 101 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Infortar employs 6,228 people.

    Additional information:
    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail: kadri.laanvee@infortar.ee
    www.infortar.ee/en/investor
     
     

    Attachments

    The MIL Network –

  • MIL-OSI: ESET Celebrates Tenth Anniversary of Women in Cybersecurity Scholarship, Expands 2025 Canadian Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, today announced the anniversary of its Women in Cybersecurity North American Scholarship, launched in 2016 to support and empower women pursuing careers in cybersecurity. As part of its ongoing commitment to fostering diverse talent, ESET is expanding the program in Canada, increasing both the number and value of scholarships available to Canadian applicants.

    For a decade, ESET North America has encouraged and uplifted women to pursue careers in cybersecurity, offering financial assistance to help achieve their aspirations. In solidarity with the 2025 International Women’s Day’s #AccelerateAction theme, the Women in Cybersecurity North American Scholarship program is expanding its scope this year with additional awards, enhanced evaluation criteria and a renewed focus on recognizing both technical excellence and emerging potential.

    As a long-time advocate for cybersecurity and talent development in Canada, ESET has built strong relationships with key technology hubs, including the city of Markham. Over the years, ESET has received a wealth of strong candidates from Markham and the Greater Toronto Area, reinforcing the region’s reputation as a growing center for cybersecurity innovation. By investing in opportunities for aspiring cybersecurity professionals, ESET aims to support both local talent and the broader cybersecurity workforce.

    Pioneering one of the first scholarships of its kind, Celeste Blodgett, Vice President of Human Resources at ESET North America, originated the program at the North American headquarters in San Diego to support women who want to go into technology fields. Bolstered by Celeste’s passion, the program has since awarded scholarships to more than 25 recipients in the U.S. and Canada, and has expanded globally to Australia, the United Kingdom and Singapore.

    “Around the world, ESET Women in Cybersecurity Scholarship recipients are showcasing a passion for protecting digital citizens, yet with women only accounting for less than one-fifth of the cybersecurity workforce there is much work to be done,” said Blodgett. “We’ve encountered so many remarkable women who are passionate about shaping the future of this field and are thrilled to celebrate our tenth anniversary by earmarking one additional Cybersecurity Trailblazer award in the U.S. and five additional Future Leader awards in Canada.”

    According to the 2024 Cybersecurity Workforce Study conducted by (ISC)², women account for only 14.4% of the cybersecurity workforce, while men make up 79.6%. This stark imbalance underscores the critical need to bring more women into the profession, particularly as emerging technologies like generative AI continue to evolve. ESET is committed to fostering opportunities for women to lead in cybersecurity and AI, helping to bridge this gap and build a more balanced, innovative and equitable future. Diversity in AI development is essential to ensure these tools are ethical, secure and inclusive.

    In 2025, ESET North America will award $45,000 in scholarships to support the next generation of cybersecurity professionals. Canadian students will have access to new and expanded awards, including two $5,000 Cybersecurity Trailblazer awards for applicants who demonstrate exceptional technical proficiency and a strong focus on cybersecurity. To mark the tenth anniversary, five new $1,000 Future Leader Awards will be introduced in Canada to recognize emerging talent with great potential in cybersecurity. In the U.S., three $10,000 scholarships will be awarded in the Cybersecurity Trailblazer Award Tier, including one dedicated to a recipient in San Diego, honouring the program’s origins.

    The scholarship has already helped many women pursue careers in cybersecurity, including Anushka Khare, a Canadian recipient of the 2022 ESET Women in Cybersecurity Scholarship who is now a Security Program Manager at Microsoft. “This scholarship has greatly supported my career and academic journey by providing me the financial freedom to focus on my studies,” shared Khare. “It has also allowed me to pursue advanced courses in cybersecurity, attend relevant workshops and gain hands-on experience. This support has not only enhanced my technical skills, but has also boosted my confidence, knowing I have the backing to succeed in this competitive field.”

    DETAILS AND HOW TO APPLY
    Applications are now being accepted for the 2025 round, and submissions must be received by 11:59 p.m. PT on April 8, 2025. Applicants can learn more about the scholarships and submit their application by visiting our dedicated web pages. If you’re a Canadian student, apply here; if you’re a US student, you can apply here.

    Questions? Email us at CA-scholarship@eset.com [Canada-only inquiries] or US-scholarship@eset.com [US-only inquiries] with any questions.

    About ESET
    ESET provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of known and emerging cyber threats — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud or mobile protection, its AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multi-factor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. An ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow us on LinkedIn, Facebook, and Twitter.

    Media contact:
    Emily Zwart
    ezwart@enterprisecanada.com
    905.515.9169

    The MIL Network –