Category: GlobeNewswire

  • MIL-OSI: Syncfusion® Announces Sponsorship of the .NET Foundation to Support Open-Source Development

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., March 04, 2025 (GLOBE NEWSWIRE) — Syncfusion®, Inc., the enterprise technology provider of choice, today announced its sponsorship of the .NET Foundation, furthering its support of open-source development and the global .NET community.

    “We are thrilled to support the .NET Foundation and its mission to foster a strong and open .NET ecosystem,” said Daniel Jebaraj, CEO of Syncfusion. “We believe in the power of open-source software to drive innovation, build community, and enable developers to build exceptional applications. This sponsorship aligns with what our mission has been since the beginning: to equip developers with the best tools and resources available.”

    The .NET Foundation is an independent, nonprofit organization that champions an innovative, commercially friendly, open-source ecosystem around the .NET platform. By supporting open-source projects with free administrative services, networking events, and educational resources, the .NET Foundation fosters sustainability, development, and collaboration within the .NET community. As a sponsor, Syncfusion will actively contribute to the foundation’s initiatives to enhance the open-source ecosystem millions of developers rely on daily.

    “Syncfusion has been a key player in the .NET development space for over two decades,” said Mitchel Sellers, vice president of the .NET Foundation. “It’s contributions from sponsorship organizations like Syncfusion that help the .NET Foundation build the programs that enable our open-source project communities to grow and thrive.”

    Syncfusion provides a robust suite of UI controls, data visualization tools, and enterprise-grade solutions that help developers accelerate their projects. Recently, the company announced the release of two sets of open-source .NET MAUI controls to enhance cross-platform development, with more planned for the future. The Syncfusion Toolkit for .NET MAUI, available for free in NuGet and GitHub repositories, provides developers with 19 controls to build beautiful, responsive, feature-rich applications quickly and easily. Syncfusion engineers have already strengthened the .NET MAUI platform, having resolved dozens of issues and accounted for over half of all community contributions in the first three months of their involvement.

    For more information about Syncfusion and its developer tools, visit www.syncfusion.com.

    For more information about the .NET Foundation, visit dotnetfoundation.org.

    About Syncfusion, Inc.
    Headquartered in the technology hub of Research Triangle Park, N.C., Syncfusion®, Inc. delivers an award-winning ecosystem of developer control suites, embeddable BI platforms, and business software. Syncfusion was founded in 2001 with a single software component and a mission to support businesses of all sizes—from individual developers and start-ups to Fortune 500 enterprises. Though its pilot product, the Essential Studio® suite, has grown to over 1,900 developer controls, its mission remains the same. With offices in the U.S., India, and East Africa, Syncfusion prioritizes the customer experience by providing feature-rich solutions to help developers and enterprises solve complex problems, save money, and build high-performance, robust applications.

    Contact: Brittany Kearns
    Phone: 571-271-7211
    Email: brittany@crossroadsb2b.com

    The MIL Network

  • MIL-OSI: Magic Empire Global Limited announces that the bid price deficiency concern raised by Nasdaq has been successfully resolved

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) — Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) is pleased to announce that the bid price deficiency concern raised by Nasdaq has been successfully resolved.

    The Company has received written notification (the “Nasdaq Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set forth in the rules for continued listing on the Nasdaq Capital Market (the “Listing Rules”).

    On February 26, 2025, the Company received a letter from Nasdaq notifying the Company that it has not regained compliance with Listing Rule 5550(a)(2). Accordingly, its securities will be delisted from the Capital Market. The Company may appeal Staff’s determination to the Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.

    On March 4, 2025, the Company received formal notification from Nasdaq, that the Company has regained compliance with the Nasdaq Minimum Bid Price Requirement. Nasdaq made this determination of compliance after the closing bid price of the Company’s ordinary shares was at $1.00 per share or greater for the last 10 consecutive business days from February 18, 2025 to March 3, 2025. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed.

    MEGL remains committed to maintaining the highest standards of corporate governance and compliance. The company appreciates the support of its shareholders.

    About Magic Empire Global Limited

    Magic Empire Global Limited is a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services. Its service offerings mainly comprise (i) IPO sponsorship services; (ii) financial advisory and independent financial advisory services; (iii) compliance advisory services; (iv) underwriting services; and (iv) corporate services. For more information, visit the Company’s website at http://www.meglmagic.com.

    Safe Harbor Statement

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    Hong Kong:

    Magic Empire Global Limited
    Ms. Vivien Tai
    Tel: +852 3577 8770
    E-mail: meglir@giraffecap.com

    The MIL Network

  • MIL-OSI: Urbana Corporation Provides Ongoing Drill Program

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

    TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A)

    Urbana Corporation is pleased to provide an update on its current drill program underway on its 100% owned “Urban Township Project” located in the Urban-Windfall area, Quebec.

    Summary Highlights:

    • Drilling in an emerging major gold mining camp.
    • Five holes totalling 1,503 metres were completed as of yesterday, all in the southeast sector.
    • Area targeted covers the Bank-Mazeres fault, the same fault associated with gold mineralization at the nearby Windfall and Barry gold deposits.
    • All holes have intersected a sequence of volcanics lithologies consisting of tuffs, rhyolites, dacites and andesites. Gabbros were also intersected in a few of the holes.
    • Mineralization intersected in several holes consisting of iron sulphides and/or visible gold.
    • The core showed areas of strong alterations, consisting mostly of sericitization and silicification in some areas.
    • The drill is scheduled to be moved to the central-south portion of the project area upon completion of the current drill hole.
    • The program is on track to be completed in mid-March.

    Geology

    The drilling to date has concentrated on an area with no historical drill holes and little bedrock exposure. The current drill program intersects a sequence of volcanic rocks, including tuffs and rhyolite and gabbros. The lithologies are considered important as these are the same that host large portions of the nearby world-class Windfall deposit. The presence of visible gold, pyrite and pyrrhotite associated with faulting and alteration is also of keen interest and will form part of the basis on planning follow-up drilling in the area.

    The program, which consists of up to 4,150 metres of drilling, is concentrating on the southern sector of the project where gold mineralization has been encountered near the claim boundary by adjacent explorers Osisko Mining and Bonterra Resources. The area is known to host the Mazere fault, a major structure associated with most of the gold mineralization of importance in the region.

    The project is located between the nearby Windfall and Barry gold deposits, along the same geological feature. It is situated near existing infrastructure and is accessible by road.

    A review of additional data located in the northern sector of the project is underway. Data collected shows numerous gold prospects throughout the area which warrant a potential second drill program in late summer.

    PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca.

    Qualified Persons

    Technical and scientific aspects of this news release have been reviewed, verified, and approved by Mathieu Stephens, P.Geo., the Qualified Person, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

    For further information contact:
    Elizabeth Naumovski, Investor Relations
    (416) 595-9106     enaumovski@urbanacorp.com

    Certain statements in this news release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.

    150 KING ST. WEST, SUITE 1702, TORONTO, ONTARIO M5H 1J9
    TEL: 416-595-9106     FAX: 416-862-2498     www.urbanacorp.com

    The MIL Network

  • MIL-OSI: Woodbridge Closes Sale of Plastic Components, Inc. to Trim-Tex Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW HAVEN, Conn., March 04, 2025 (GLOBE NEWSWIRE) — Woodbridge, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Plastic Components, Inc. by Trim-Tex Inc.

    Plastic Components, (PCI) is a leading manufacturer of PVC trims and plastic accessories used in the exterior insulation and finishing of commercial and residential buildings. PCI products reduce labor and maintenance costs due to their longevity and durability. The Company’s diverse inventory includes accessories and trims for stucco, exterior insulation and finish systems, direct applied finish systems, continuous insulation systems, drywall, fiber cement board trims and stone veneer. PCI’s products, with 4 patented lines, form part of the essential process of insulating and weather-proofing buildings.

    “The Plastic Components team is excited to join forces with such a reputable, family-owned company as Trim-Tex,” said Herman Guevara, Director of Sales and 19-year employee at Plastic Components. “We’ve been industry friends for years, often referring customers to one another. This partnership makes perfect sense, and together, we look forward to building the premier global provider of PVC finishing solutions — both interior and exterior.”

    Trim-Tex Inc. located in Lincolnwood, Illinois is the premier USA manufacturer of rigid vinyl drywall corner beads and accessories. With over 50 years of experience, Trim-Tex offers a complete line of commercial and residential products, including Corner Beads, J Beads, L Beads, Reveals and Expansion products.

    Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business. Woodbridge is a Mariner Company.

    For more information, contact Don Krier, dkrier@woodbridgegrp.com, or call 203-389-8400 x201.

    The MIL Network

  • MIL-OSI: Kandji Continues Global Expansion with New East Coast Headquarters in Miami to Accelerate Growth, Innovation for Apple in the Enterprise

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, March 04, 2025 (GLOBE NEWSWIRE) — Kandji, the Apple endpoint security platform, today announced the opening of its new East Coast headquarters to further the company’s global scaling efforts, attract world-class talent, and support rapid customer growth. In addition to the East Coast headquarters in Miami, Kandji has offices in California, London, Sydney, and Japan.

    Located at The Plaza Coral Gables, 2811 Ponce de Leon in Coral Gables, Fla., Kandji’s East Coast headquarters boasts nearly 30,000 square feet to accommodate the company’s sizable recruiting efforts. More than 100 new openings are available to support Kandji’s mission of empowering secure and productive global work.

    “Miami is fueling the next frontier for technology advancement,” said Adam Pettit, co-founder and CEO of Kandji. “We’re thrilled to immerse ourselves in this dynamic community and look forward to welcoming its world-class talent to our expanding team. Our East Coast headquarters will not only allow us to contribute to the local economy, but will provide the space, talent, and resources to accommodate Kandji’s growth and ability to deliver cutting-edge solutions that enable our customers to manage and secure their Apple device fleets at scale.”

    Kandji’s dedication to supporting local talent development in Miami-Dade County is evident through its alignment with organizations such as: The Beacon Council, Creative Hub, Miami Tech Works, eMerge, Opportunity Miami, Miami Dade College, and more. Through these partnerships, Kandji has participated in community events, workforce development programs, and initiatives that drive local innovation.

    “Miami-Dade County is redefining what it means to be a global tech hub, and Kandji’s decision to open their East Coast headquarters in Miami-Dade is proof of that transformation,” said Miami-Dade County Mayor Daniella Levine Cava. “Our strategic location, diverse talent pool and pro-business environment make Miami-Dade a natural home for innovators. Collaboration with companies like Kandji drive our county’s continued growth and continue to strengthen our competitive edge as a premier tech hub.”

    The opening of the East Coast headquarters follows continued company momentum for Kandji. In July 2024, the company raised $100 million in capital from General Catalyst – with $50 million allocated to equity financing for its Series D, and $50 million for go-to-market investment – bringing its total funding to over $280 million and its valuation to $850 million. Kandji has over 4,500 customers across 40+ industries, with 1,300 new customers signed in 2024. Notable customers include Canva, Deel, Twilio, Notion, and Wiz, and the company has partnerships with such industry giants as ServiceNow, AWS, and Okta. In addition, Kandji was recognized today on Forbes’ America’s Best Startup Employers 2025 list, which identified the top performing startups in the United States based on employer reputation, employee satisfaction and company growth.

    Along with corporate and customer growth, Kandji continues to bring new solutions to the market to further its mission of creating an integrated platform for enterprise Apple device management and security. Most recently, Kandji announced Vulnerability Management, a new security product that helps organizations identify and remediate security vulnerabilities due to out of date software on their Mac computers, Kai, a first-of-its-kind AI device management assistant for Apple devices, and Device Management for Apple Vision Pro, a groundbreaking solution that revolutionizes how businesses deploy and manage Apple Vision Pro devices at scale.

    “Kandji’s decision to establish its East Coast headquarters in Greater Miami is a testament to our region’s dynamic tech evolution,” said Rodrick T. Miller, President & CEO, Miami-Dade Beacon Council. “As one of the fastest-growing tech hubs in the country, Miami continues to attract top investors, startups, and global leaders like Apple and Kandji who are fueling this momentum. By creating 200 high-value jobs and investing in our innovation ecosystem, Kandji is further strengthening Miami’s reputation as a pro-business community where talent and companies thrive. We look forward to continuing to partner on their growth as they make themselves at home in South Florida.”

    Kandji is actively recruiting for a variety of roles across engineering, product, and go-to-market. To learn more about employment opportunities at Kandji, visit https://www.kandji.io/company/careers/#open-roles.

    Helpful Links

    About Kandji
    Kandji is the Apple endpoint security platform. Kandji empowers companies to manage and secure Apple devices in the enterprise and at scale. By centrally securing and managing your Mac, iPhone, iPad, and Apple TV devices, IT and InfoSec teams can save countless hours of manual, repetitive work with features like one-click compliance templates and more than 150 pre-built automations, apps, and workflows. Learn more at http://www.kandji.io.

    Media Contact
    Erica Anderson
    pr@kandji.io

    The MIL Network

  • MIL-OSI: iLobby Acquires Leading Logistics Management Provider SCLogic and Rebrands as FacilityOS

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 04, 2025 (GLOBE NEWSWIRE) — iLobby, a global leader in enterprise facility and visitor management solutions, today announced the acquisition of SCLogic, a leading logistics management solution provider, and its rebrand to FacilityOS.

    For over two decades, SCLogic has been at the forefront of last-yard logistics, delivering innovative solutions that enhance operational efficiency, reliability, and customer satisfaction. By integrating SCLogic’s proven technology and expertise into the FacilityOS platform, the combined company is now positioned as the most comprehensive solution for facility management.

    “Bringing SCLogic into FacilityOS is a game-changer for the industry,” said Ariel Mashiyev, Chairman and CEO of FacilityOS. “Facility management is evolving, and organizations need an integrated, intelligent platform to streamline operations and drive better outcomes. The addition of SCLogic’s expertise in logistics and asset management strengthens our ability to provide end-to-end solutions that improve efficiency, security, and compliance for our customers worldwide.”

    “This acquisition is a significant step forward in accelerating SCLogic’s growth and enhancing the value we deliver to our customers,” said Mike Saldi, CEO of SCLogic. “Integrating our Intra solution into the FacilityOS platform creates a more robust and comprehensive offering, allowing both existing and future customers to benefit from expanded capabilities.”

    A New Era: iLobby Rebrands as FacilityOS

    Alongside the acquisition, iLobby has officially rebranded as FacilityOS. Originally launched in 2022, the FacilityOS platform was designed to unify iLobby’s suite of products into a single, cohesive interface. Adopting FacilityOS as the company’s name marks a pivotal milestone, reinforcing its expanded vision of delivering end-to-end facility management solutions.

    “iLobby has experienced remarkable growth since its inception, evolving from a niche visitor management solution into a comprehensive, modular facility management platform,” said Mashiyev. “With offices in the United States, Canada, and Europe, we now serve over 25% of Fortune 500 companies. FacilityOS better reflects the breadth of our solutions and the dynamic, innovative company we’ve become.”

    Introducing LogisticsOS & ContractorOS

    Coinciding with the rebrand, FacilityOS has launched two new platform modules:

    • LogisticsOS – An evolution of SCLogic’s Intra platform, LogisticsOS streamlines operations across mailroom handling, central receiving, and asset management, enhancing transparency and eliminating inefficiencies.
    • ContractorOS – A contractor compliance management solution that centralizes documentation, automates key workflows, and ensures audit readiness, providing organizations with improved visibility and compliance confidence.

    New Website & Expanded Resources

    To support this transformation, the company has launched a new corporate website, www.facilityos.com. The new site provides a centralized resource for facility, asset, and visitor management, while also incorporating insights from the SCLogic acquisition.

    For more information, visit www.facilityos.com.

    About FacilityOS

    Deployed across more than 7,000 sites worldwide, FacilityOS powers complex work environments by optimizing and automating key facility processes to achieve regulatory compliance, enforce safety protocols, improve operational efficiencies, and drive site security requirements.

    The integrated FacilityOS platform is supported by robust reporting, turnkey onboarding, and extensive configurability that ensures a strong impact in many industries, such as manufacturing, industrial, healthcare, higher education, and other mission-critical environments. Each module within FacilityOS is designed to work standalone or together with other modules to maximize the impact of the platform.

    FacilityOS is a global company with offices in the United States, Canada, and Europe. Learn more at www.facilityos.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4b5dbaf-5a93-4cc9-afd4-164b58fb1e10

    The MIL Network

  • MIL-OSI: The Victory Bank Announces Upcoming Opening of Second Retail Branch, Bringing Personalized Banking Closer to You

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Pa., March 04, 2025 (GLOBE NEWSWIRE) — The Victory Bank, renowned for its customer-first approach, is thrilled to announce the grand opening of its second retail branch in Horsham, Pennsylvania, slated for April 1, 2025. Known for its unique commitment to personalized service, The Victory Bank stands apart by offering direct, live interactions with its team—no automated phone systems, no voice mails, just real people ready to assist. In an era where many businesses are shifting towards self-service models, The Victory Bank remains steadfast in its belief that banking should be human and personal.

    This new branch will uphold the Bank’s promise of exceptional, one-on-one service, providing customers with the same level of care and attention that has earned The Victory Bank its stellar reputation. Whether you’re calling for assistance or stepping into the branch, the focus will always be on you—the customer. The Victory Bank is dedicated to ensuring that, no matter how technology evolves, your experience remains connected, direct, and tailored to your needs.

    Located at 100 Gibraltar Road, Horsham, PA 19044, this new branch will bring The Victory Bank’s signature banking experience closer to even more members of the community. The Bank’s focus on delivering a hassle-free, customer-first experience has earned it a loyal following, and this expansion marks an exciting step toward serving more people in the area.

    Joseph Major, CEO and Bank Leader, stated, “At The Victory Bank, we do things differently. When you call, you’ll connect directly with a friendly, knowledgeable representative—no voicemail or wait times. We’re excited to bring our customer-focused, personalized service to the Horsham area and offer real solutions at our new branch. Our business loans are ‘custom-underwritten,’ allowing us to gain a deep, personal understanding of each client, their unique preferences, and needs, ensuring we offer the best possible solutions tailored just for them. In addition to traditional services like checking and savings accounts, home equity loans, and personal loans, the new branch will continue offering customized financial guidance that has made the Bank a local favorite, whether you’re opening your first account, exploring loan options, or growing your business.”

    Stay tuned for details about The Victory Bank’s Grand Opening Celebration, taking place June 2–6, 2025. The week-long event will feature exciting promotions, giveaways, and opportunities to meet the team dedicated to serving the community’s financial needs. For more information about The Victory Bank and its new branch, visit VictoryBank.com or call 610-948-9000.

    “We’re not just opening another branch; we’re opening a new chapter in our community,” said Elizabeth Knott, Branch Manager. “We look forward to welcoming both new and longtime customers to our second location and continuing our commitment to always being there for you.”

    With the new location opening soon, the Bank is expanding its team. Interested candidates can explore current job openings and apply— click here for more details.

    About The Victory Bank

    Founded in 2008, The Victory Bank is a Pennsylvania state-chartered commercial bank headquartered in Limerick Township, Montgomery County. It offers a full range of banking services, including checking and savings accounts, home equity lines of credit, and personal loans. In addition to traditional banking, the Bank specializes in high-quality business lending, serving small and mid-sized businesses and professionals. With three offices across Montgomery and Berks Counties, it is dedicated to meeting the financial needs of the local community. For more information, visit its website at VictoryBank.com. FDIC-Insured.

    Joseph W. Major,
    Bank Leader and Chief Executive Officer

    610-948-9000

    The Victory Bank.
    548 N. Lewis Rd.
    Limerick, PA 19468

    The MIL Network

  • MIL-OSI: XBP Europe Holdings, Inc. Signs Exclusive Non-Binding Letter of Intent to Acquire Exela Technologies BPA, LLC

    Source: GlobeNewswire (MIL-OSI)

    SANTA MONICA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe”) (Nasdaq: XBP), a pan-European integrator of bills, payments, and related solutions and services, today announced that it has entered into an exclusive, non-binding letter of intent with Exela Technologies, Inc. to acquire Exela Technologies BPA, LLC (“BPA”), a leading provider of business process automation solutions. The closing of the acquisition will be subject to BPA completing a corporate reorganization which is expected to create a sustainable capital structure with a substantially deleveraged balance sheet. If completed, the acquisition will expand XBP Europe’s revenue to more than $1 billion from $145 million on a pro forma basis for the twelve months ending September 30, 2024.

    “We are excited to announce this possible transaction, which will combine the forces of XBP Europe and BPA in a new way and allow us to pursue opportunities deploying the latest AI-enabled technologies and with a very robust balance sheet,” said Andrej Jonovic, Chief Executive Officer of XBP. “BPA has a longstanding blue chip client base in the Americas and a growing business in APAC, and with a reconstituted global platform, we look forward to competing with the top global business process automation players.”

    The parties have agreed to act in good faith to negotiate definitive agreements, complete due diligence, undertake necessary regulatory approvals, and seek any necessary approvals, including from XBP Europe’s shareholders. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated. Readers are cautioned that those portions of the LOI that describe the proposed transaction are non-binding. XBP Europe only intends to announce additional details regarding the proposed transaction if and when a definitive agreement is executed.

    About XBP Europe Holdings, Inc.

    XBP Europe is a pan-European integrator of bills, payments and related solutions and services seeking to enable digital transformation of its more than 2,000 clients. The Company’s name – ‘XBP’ stands for ‘exchange for bills and payments’ and reflects the Company’s strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients’ bills and payments and related digitization processes. The Company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, along with the Middle East and Africa. The physical footprint of XBP Europe spans 15 countries and 32 locations and a team of approximately 1,500 individuals. XBP Europe believes its business ultimately advances digital transformation, improves market wide liquidity by expediting payments, and encourages sustainable business practices. For more information, please visit: www.xbpeurope.com.

    About Exela Technologies BPA, LLC

    BPA is a leading provider of business process automation solutions, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, BPA serves a growing roster of more than 1,550 customers worldwide. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, BPA’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and approximately 11,000 employees operating in 5 countries, BPA rapidly deploys integrated technology and operations as an end-to-end digital journey partner.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include, without limitation, predictions regarding the possible transaction, and relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those stated or implied by these forward-looking statements as a result of various important factors, including without limitation those discussed under the heading “Risk Factors” in XBP Europe’s Annual Report on Form 10-K and other securities filings. XBP Europe assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.

    Contact: investors@xbpeurope.com

    Please follow us on social:

    X: https://X.com/XBPEurope

    LinkedIn: https://www.linkedin.com/company/xbp-europe/

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  • MIL-OSI: Poppulo Strengthens Digital Signage Portfolio with Strategic Acquisition of REACH Media Network

    Source: GlobeNewswire (MIL-OSI)

    DENVER, March 04, 2025 (GLOBE NEWSWIRE) — Poppulo, a global leader in digital signage and omnichannel employee communications software, today announced its acquisition of REACH Media Network (REACH), a prominent provider of reliable, user-friendly digital signage solutions to mid-market customers. With a combined reach of more than 10,000 digital signage customers worldwide, this strategic acquisition underscores Poppulo’s dedication to delivering high impact digital signage solutions for a broader range of customers and use cases. 

    With more than 45 years combined experience in the digital signage industry, Poppulo and REACH will drive innovation that helps organizations more effectively use digital signage to improve customer experience, increase revenue, drive brand awareness, improve performance and enhance their workplaces. Poppulo plans to retain both platforms to serve the needs of its diverse customer base, ensuring continuity for existing customers of both companies. 

    Key Benefits of the Acquisition: 

    • Expanded Market Coverage: The acquisition allows Poppulo to bring the benefits of digital signage to a wider spectrum of businesses and use cases, from large enterprises to mid-market organizations. 
    • Innovation at Scale: A broader portfolio of solutions, diverse expertise, and additional scale will drive product innovation for customers. 
    • Increased Resources and Expertise: Customers will benefit from a scaled global provider with increased resources and advanced support options, while continuing to enjoy the dedicated support they trust. 

    Ruth Fornell, CEO of Poppulo, said: “We are thrilled to welcome REACH to the Poppulo family. This acquisition aligns perfectly with our vision to lead the market with best-in-class digital signage solutions that drive engagement, enhance productivity, and create meaningful connections. By joining forces, we are not only enhancing our offerings but also expanding our ability to support businesses of all sizes in creating exceptional communication experiences. This acquisition is a key milestone in our growth strategy.” 

    Darren Wercinski, CEO of REACH, added: “Joining forces with Poppulo marks an exciting new chapter for REACH. Together, we’ll deliver cutting-edge digital signage solutions on a global scale, empowering businesses to transform their communication strategies. We’re proud to bring our expertise to Poppulo and look forward to the opportunities this partnership will create for our customers.”

    This acquisition represents Poppulo’s commitment to growing its leadership position in the digital signage industry and its dedication to meeting the evolving communications needs of organizations worldwide.

    District Capital Partners (“DCP”) served as exclusive financial advisors to Poppulo in connection with the transaction.

    For more information about the acquisition and what it means for Poppulo and REACH customers, contact info@poppulo.com.

    About Poppulo

    Poppulo helps enterprise companies achieve more by connecting and communicating with employees and customers at scale through leading, AI-powered digital signage, employee communications, and workplace management solutions. Poppulo’s 4,500+ customer base is representative of the world’s most successful companies, including more than 40 of the Fortune 100. Poppulo Digital Signage solutions are deployed across 500,000+ screens in 80 countries. For more information, visit https://www.poppulo.com/products/digital-signage. Follow Poppulo on LinkedIn and on Twitter.  

    About REACH Media Network 

    REACH Media Network is a leading provider of innovative digital signage solutions designed to connect people, enhance engagement, and simplify information sharing. Serving businesses, educational institutions, healthcare facilities, and more, REACH empowers organizations to effectively communicate with their audiences through dynamic, cloud-based signage solutions. Established in 2005, REACH serves over 9,000 customers and manages over 25,000 screens globally. For more information, visit www.reachmedianetwork.com. Follow REACH Media Network on LinkedIn

    The MIL Network

  • MIL-OSI: Anjuna Fuels Secure AI Innovation in the Digital Payments Industry

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Anjuna, a leader in Universal Confidential Computing and AI Data Fusion Clean Rooms, today announced significant momentum in the digital payments industry. This announcement comes off the heels of Anjuna being selected by Gartner as a Tech Innovator in the Preemptive Cybersecurity category.

    Several market-leading financial services and fintech companies have selected Anjuna’s platform to ensure secure data collaboration, privacy, and compliance while leveraging AI to drive innovation:

    • Global Leader in Financial Services – A Fortune 500 financial institution providing trusted payment, network, and digital banking solutions. Anjuna helped the institution secure its essential cryptographic services layers for public cloud acceleration.
    • Narval – A crypto institutional connectivity layer that enables secure connection & integration between custodians and crypto protocols/applications. Narval’s stack leverages Anjuna’s Confidential Pods to ensure credentials live and operations occur within a verifiable trusted execution environment.
    • Payfinia – an independent payments company, providing community financial institutions (CFIs) access to and ownership of their instant payments services. Anjuna enables Payfinia to ensure both speed and security for its users.
    • Portal – A borderless finance infrastructure provider, enabling companies to move money anywhere in the world fast and cheaply by leveraging blockchains and stablecoins. Anjuna enables Portal to speed up the wallet creation and account setup, open up the solution to more customers, and improve the user experience for wallet recovery.
    • rootVX – A unified infrastructure for value storage and interchange based on the three pillars of tokenization, programmability and proving systems. rootVX uses Anjuna’s advanced TEE mechanism to protect its platform services that handle sensitive user data and financial transactions.

    Executives from Anjuna’s new customers emphasized the importance of implementing secure AI-driven collaboration for their operations:

    “Security and trust are foundational for institutional crypto adoption. Anjuna’s Confidential Pods enable us to provide institutions with a secure connectivity layer that protects sensitive operations and credentials while enabling safe access to vetted protocols and applications.”
    Greg Jessner, Co-Founder & CEO, Narval

    “Anjuna enables us to process and analyze financial data in a confidential environment, ensuring both speed and security for our users.”
    Nizar Jamal, Chief Technology Officer, Payfinia

    “By leveraging Anjuna to deploy secure enclaves, we have strengthened our ability to serve enterprise customers with robust treasury management and seamless stablecoin orchestration—all while adhering to the highest security standards. Secure enclaves not only enable us to meet stringent compliance requirements but also unlock new opportunities to optimize our infrastructure, enhancing both security and operational efficiency without compromising trust.”
    Parsa Attari, Co-Founder & Head of Product, Portal

    Anjuna’s AI Data Fusion Clean Room, Anjuna Northstar, and its Universal Confidential Computing Platform, Anjuna Seaglass, allow digital payment providers to:

    • Enable secure AI-driven innovation – Unlock new business opportunities by sharing insights while keeping the raw sensitive data private.
    • Ensure regulatory compliance – Maintain adherence to financial and data privacy regulations, including GDPR and PCI DSS.
    • Faster, more granular fraud detection – Protect sensitive financial data with zero-trust security.

    For more information on how Anjuna is transforming AI-driven financial collaboration, visit www.anjuna.io.

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

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

    The MIL Network

  • MIL-OSI: Premier Protein and Exverus Unlock Social Reach On the Open Web With SeenThis

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — SeenThis today announced a partnership with Exverus to power their Social Reach product with its streaming vertical video technology. Premier Protein is the first client to run this new product. SeenThis’ new ad format brings the engagement of social ads to the open web, delivering with lightning fast speed using adaptive streaming technology. With SeenThis, Exverus combines the creativity and mobile-first design of social media ad formats with the power of targeted advertising at scale on premium content environments for their clients. SeenThis and Exverus are partnered with PubMatic to deliver Social Reach across their premium supply. 

    “This year, we’re doubling down on sweetening the journey. New flavors, new products and new creative, all speaking to our strategic positioning,” said Kristin Rasmussen, Associate Director, Integrated Marketing, Premier Protein. “With the help of SeenThis and PubMatic, we’re able to spread the joy and encourage even more protein-users to join the party with amplified distribution of social content via high-performing video experiences.”

    “Social Reach powered by SeenThis streaming vertical video gives us access to new environments to deliver social creative to audiences beyond the social walled-gardens. This represents the next generation of much needed social extension. SeenThis’ adaptive streaming technology takes existing social assets and delivers them more efficiently than standard social formats via targeted inventory from PubMatic across the open web,” said Hillary Kupferberg, VP Performance Marketing at Exverus. 

    The groundbreaking campaign brings the first to market vertical video ad format to the open web and improves upon it with high-quality streaming delivery and premium placements in brand-safe environments. Social Reach powered by SeenThis vertical video ads can deliver in standard display ad slots, giving brands the ability to scale their campaigns across more of the open web and reach their audiences in new ways.  

    “SeenThis gives advertisers the opportunity to reinvent their approach to display advertising, delivering high quality vertical social video in standard IAB ad slots. With lightning-fast load times and creative formats that fit the vertical experience of a smartphone, we are unlocking new levels of performance for advertisers,” said Susan Kravitz, Head of Commercial Partnerships at SeenThis. 

    About SeenThis
    Since 2017, SeenThis has been evolving screen experiences for everyone, everywhere. With its groundbreaking adaptive streaming technology, SeenThis is transforming the distribution and climate impact of digital content compared to traditional technology. With billions of streams served for 5000+ brands in 50+ countries, the company is on a journey to reshape the internet – for good. Working across seven offices globally, SeenThis employees are obsessed with creating a truly high-speed and energy-efficient Internet. For more information, visit seenthis.co.

    About Exverus Media
    Founded in 2014, Exverus is a Los Angeles-headquartered media agency elevating growth-stage brands through full-funnel media planning, traditional and programmatic advertising, retail media & e-commerce, paid search, paid social, and analytics. Our data-driven media plans combine precise market research with creative ideas to confidently allocate every ad dollar for the maximum return. Named for the Latin phrase “from the truth”, Exverus is dedicated to transparency and long-term client trust. Learn more at exverus.com. 

    Contact:

    Emily Riley
    emily@rileystrategic.com
    914-330-1128

    The MIL Network

  • MIL-OSI: Risk Strategies Mike Vitulli to Chair Zywave’s Casualty Insights Conference

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 04, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced that Mike Vitulli, National Casualty Practice Leader, will preside over an information-packed slate of events at the 15th annual Zywave Casualty Insights Conference taking place on March 6, 2025, in New York City.

    Serving as conference chair, Vitulli will help shepherd a day-long event designed to share expert knowledge on everything from market trends, significant legal and regulatory developments, to emerging exposures and managing ever-evolving risk. Mo Tooker, Head of Commercial Lines at The Hartford, will be the keynote speaker for this year’s conference.

    “The evolving challenges of the casualty market can be sometimes underappreciated,” said Vitulli. “These conference sessions are designed to bring expert insight to bear on these challenges, helping attendees to better understand what is happening, why, and what they can do to better manage their unique risks.”

    The day’s planned agenda covers a wide range of topics and issues of increasing importance to a variety of stakeholders, including risk managers, brokers, underwriters, re-insurers, and attorneys. Panels will address key issues such as:

    • Modeling and Reserving for the Risks of Today – and Tomorrow
    • The Client Perspective: Surviving and Thriving in an Uncertain World
    • Tackling Fraud in Civil Litigation

    “Zywave’s leaders and the conference board members have put a tremendous amount of work into shaping the event agenda and bringing together the world-class expertise for this year’s event,” said Vitulli. “This conference has consistently attracted sold-out crowds because of the quality of information it provides. I am honored to be part of the event and am confident that attendees will find it well worth their time.”

    As conference chair, Vitulli will host the event and guide its agenda. Vitulli’s planned remarks to the conference will address the current state of the casualty insurance market, the critical role insurers play in the smooth functioning of the economy, the need for long term financial stability and predictability in the industry, as well as factors influencing that stability.

    “We are grateful for innovative thought leaders like Mike Vitulli, and the other advisory board members, who invest their time and talent to move our industry forward in a challenging market,” said Jeff Cohen, Senior Vice President, Zywave. “Given today’s heightened level of risk with increasing loss costs and expanding causes of loss, Zywave is committed to helping carriers, brokers, and insurance buyers better understand the complicated casualty risk landscape, and we thank Mike and Risk Strategies for their ongoing support.”

    Zywave’s Casualty Insights Conference will be hosted at Convene, 117 W 46th St, New York, NY. Risk Strategies is a branding sponsor of this year’s event.

    For more information on the conference, please visit: https://zywave.cventevents.com/event/CasualtyInsights2025/overview.

    To learn more about Risk Strategies, please visit risk-strategies.com.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com.

    Media Contact
    Alana Bannan
    Senior Account Executive
    (720) 400-8025
    Rsc@matternow.com

    The MIL Network

  • MIL-OSI: TeraWulf Announces Participation in Upcoming Conferences and Events

    Source: GlobeNewswire (MIL-OSI)

    EASTON, Md., March 04, 2025 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, today announced that various members of senior management will be participating in the following upcoming conferences and events:

    • March 5-7, 2025: Bitcoin Ski Summit, Jackson Hole, WY
    • March 11-12, 2025: Cantor Global Technology Conference, New York, NY
    • March 16-18, 2025: 37th Annual Roth Conference, Dana Point, CA
    • March 24-25, 2025: DCD>Connect, New York, NY
    • March 17-20, 2025: NVIDIA GTC 2025, San Jose, CA
    • March 26, 2025: DC Blockchain Summit 2025, Washington, DC
    • April 8-9, 2025: Jones Healthcare and Technology Innovation Conference, Las Vegas, NV
    • April 14-17, 2025: Data Center World, Washington, DC
    • April 16, 2025: Jefferies Power x Coin Conference, Virtual

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for bitcoin mining and hosting HPC workloads. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through bitcoin mining, leveraging predominantly zero-carbon energy sources, including hydroelectric and nuclear power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “seek,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “strategy,” “opportunity,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) the ability to mine bitcoin profitably; (2) our ability to attract additional customers to lease our HPC data centers; (3) our ability to perform under our existing data center lease agreements (4) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates; (5) the ability to implement certain business objectives, including its bitcoin mining and HPC data center development, and to timely and cost-effectively execute related projects; (6) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to expansion or existing operations; (7) adverse geopolitical or economic conditions, including a high inflationary environment, the implementation of new tariffs and more restrictive trade regulations; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability and cost of power as well as electrical infrastructure equipment necessary to maintain and grow the business and operations of TeraWulf; and (10) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

    Investors:
    Investors@terawulf.com

    Media:
    media@terawulf.com

    The MIL Network

  • MIL-OSI: Data443 Completes Operational Expense Rationalization

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., March 04, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), an AI data security and privacy software company for “All Things Data Security,” today announced the completion of major operational expense rationalizations yielding immediate and long-term financial benefits.

    $3.1 Million in Annual Cost Savings Achieved

    “As part of our march toward profitability and operational efficiencies across all acquisitions, we have successfully eliminated over $3.1 million in annualized operational expenses from our current operations,” stated Jason Remillard, CEO of Data443.

    This cost optimization initiative follows the Company’s recent expansion in the AI sector, including an acquisition focused on email categorization and classification technologies and the launch of its innovative CAFAI training solution for AI large language models. Additionally, the newly established relationship with leading data center provider TierPoint, announced last week, has contributed significantly to these operational expense reductions.

    Renewed Focus on Efficiency and Growth

    “As the broader market recovers globally, we continue to identify new opportunities for a disciplined, optimization-focused approach in our operating reviews and deal structures, enabling us to deliver more unique, forward-leaning data security solutions for our customers,” Remillard continued. “These efficiencies drive higher quality and more focused product capabilities for customers while enabling greater investments in the business. Furthermore, as our recurring revenue continues to compound, the Company will realize additional cost savings around interest expense, which has historically been a significant financial burden.”

    The Company expects to maintain these efficiencies consistently for current business operations without incurring any one-time charges.

    These operational improvements coincide with significant market validation of AI-powered email security solutions, evidenced by Abnormal Security’s anticipated IPO and growing enterprise demand for intelligent security platforms such as Sailpoint.

    Forward-Looking Statements 

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by use of terms such as “expect,” “believe,” “anticipate,” “may,” “could,” “will,” “should,” “plan,” “project,” “intend,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue” or the negative of these words or other comparable terminology. Statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance, or regarding the anticipated consummation of any transaction, are forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and assumptions, many of which are difficult to predict or are beyond Data443’s control. These risks, uncertainties and assumptions could cause actual results to differ materially from the results expressed or implied by the statements. They may relate to the outcome of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; inability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in the Company’s charter documents; and the uncertainties created by global health issues, such as the ongoing outbreak of COVID, and political unrest and conflict, such as the invasion of Ukraine by Russia. These and other important risk factors are described more fully in the Company’s reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including in Part I, Item 1A of the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024, and subsequent filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. Except as otherwise required by applicable law, Data443 undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

    “DATA443” is a registered trademark of Data443 Risk Mitigation, Inc.

    All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this press release are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

    For further information:
    Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
    Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA
    Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/

    To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg

    Investor Relations Contact:
    Matthew Abenante
    ir@data443.com
    919.858.6542

    The MIL Network

  • MIL-OSI: Changelly Offers $50 Welcome Bonuses to New Mobile App Users Throughout March

    Source: GlobeNewswire (MIL-OSI)

    KINGSTOWN, St. Vincent and the Grenadines, March 04, 2025 (GLOBE NEWSWIRE) —

    Changelly, an instant cryptocurrency exchange platform, launches an exclusive campaign offering a US$50 welcome bonus to cover service fees for crypto swaps to all new mobile app users throughout March 2025.

    New users who download and install the Changelly mobile app between March 4 and March 31, 2025, will automatically receive a US$50 welcome bonus. They can apply this credit toward service fees across crypto-to-crypto swaps for 30 days after downloading the app. This allows users to take advantage of Changelly’s comprehensive cryptocurrency exchange features with a significantly reduced barrier to entry.

    The initiative comes at a time of increasing global adoption and follows Changelly’s recent enhancements designed to improve user experience and security. The instant cryptocurrency exchange platform recently redesigned its app and website to offer a more comprehensive interface, simplified the user experience while creating transactions, and improved navigation across over 1,000 coins available for swaps across 185 blockchain networks.

    How to Claim a $50 Welcome Bonus for Service Fees
    To get started swapping crypto with a US$50 welcome bonus, new users need to:

    1. Download the Changelly app via this link throughout March 2025
    2. Launch the app and receive an exclusive in-app welcome bonus of US$50 valid for 30 days
    3. Proceed to the exchange tab and spend the credit on service fees swapping crypto 

    “This welcome bonus campaign reflects our mission to democratize access to cryptocurrency exchange and ownership,” said Zifa Mae, Head of Product at Changelly. “By eliminating initial fee concerns, we’re empowering more individuals to participate in the digital economy with confidence and get access to Web3 services on the go with the Changelly mobile app.”

    Users can learn more about this welcome bonus campaign and read the terms and conditions here.

    About Changelly
    Changelly is a global instant crypto exchange platform serving over 7 million users worldwide. Founded in 2015, Changelly offers safe and fast crypto-to-crypto and fiat-to-crypto exchanges of over 1,000 crypto coins across 185 blockchains with 24/7 live customer support. As a CeDeFi ecosystem, Changelly provides its 600+ partners with instant exchange and fiat on-/off-ramp APIs, a platform for listings, and a DEX aggregator for decentralized swaps. Changelly is available on the desktop (website), iOS (App Store), and Android (Google Play).

    Contact

    Head of Marketing & PR
    Ashley Vancouver
    Changelly
    pr@changelly.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d9c31242-7702-4543-888a-a2a770f2f543

    The MIL Network

  • MIL-OSI: Progress Unveils Fully Managed Web Application Firewall for MOVEit Cloud to Bolster File Transfer Security and Support PCI 4.0 Compliance

    Source: GlobeNewswire (MIL-OSI)

    New functionality adds additional protection against cyber threats and supports compliance with evolving security standards for sensitive data transfers

    BURLINGTON, Mass., March 04, 2025 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the addition of Web Application Firewall (WAF) functionality to Progress® MOVEit® Cloud managed file transfer (MFT) solution. This new feature strengthens security for sensitive data by blocking malicious web traffic before it can infiltrate systems, empowering organizations to meet Payment Card Industry Data Security Standard (PCI DSS) 4.0 requirements and harden the security of their file transfers.

    With PCI DSS 4.0 mandating that organizations deploy a WAF in front of public-facing applications by March 31, 2025, the new WAF functionality in MOVEit Cloud WAF delivers a critical layer of protection for businesses managing sensitive data and mission-critical file transfers.

    “The addition of a Web Application Firewall in MOVEit Cloud underscores our commitment to helping businesses protect sensitive data and maintain compliance in today’s evolving threat landscape,” said Loren Jarrett, EVP & GM of Digital Experience at Progress. “By layering WAF technology into MOVEit Cloud, we help our customers guard against cyber threats, meet regulatory demands and achieve peace of mind knowing their managed file transfers are scalable and hardened against cyber threats.”

    Key Features and Benefits of WAF Functionality in the MOVEit Cloud Solution:

    • Enhanced Security and Defense: The WAF functionality in MOVEit Cloud WAF functionality automatically monitors and filters HTTPS traffic, mitigating risks from injection attacks, unauthorized file access and other malicious activities. It is built using OWASP-based industry standards to help protect against the OWASP Top 10 threats and is supported by Progress’ ISO 27001 and SOC 2 certifications, upholding industry-leading security practices.
    • Compliance with Latest Standards: MOVEit Cloud is continuously updated to align with the most recent compliance standards for a proactive response to regulatory changes. With this release, MOVEit Cloud software is certified to meet PCI DSS 4.0 in addition to HIPAA, HITECH and HIPAA Omnibus standards.
    • Streamlined Administration: MOVEit Cloud customers save valuable hours with Progress experts managing all WAF updates, testing and scaling to meet organizational needs. Its multi-node scaling supports rapid deployment and effortlessly manages spikes in demand. Additionally, MOVEit Cloud provides 24/7 monitoring, active alerts and support from Progress security specialists.

    As cybercriminals evolve their tactics, IT leaders face mounting challenges in securing data transfers between external and internal systems. MOVEit Cloud now provides a proactive solution to help protect sensitive information, ease compliance efforts and centralize file transfers while simplifying management of the file transfer infrastructure.

    For more information about the MOVEit Cloud solution and its new WAF functionality, visit https://www.progress.com/moveit/whats-new.

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

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

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

    The MIL Network

  • MIL-OSI: Cangrade Launches AI-Powered Synchronous Video Interviews, Streamlining Intelligent and Efficient Talent Decisions

    Source: GlobeNewswire (MIL-OSI)

    WATERTOWN, Mass., March 04, 2025 (GLOBE NEWSWIRE) — Cangrade today announced it will now offer synchronous video interviewing. This capability will enable human resources (HR) professionals to leverage Cangrade’s skills-based, AI-generated interview guides to conduct live interviews within Cangrade. The software takes the legwork out of the hard-to-score live interviewing process by automating interview planning, focusing on pertinent skills for specific roles, and streamlining decision-making with collaborative feedback tools.

    Despite being tasked with acquiring and retaining top talent, HR experiences higher burnout and turnover compared to other industries (LinkedIn). In the face of high attrition rates, but also high expectations for recruiting teams, Cangrade’s synchronous video interviewing tool helps alleviate some of the burden of finding and vetting qualified candidates. Additionally, as candidates become increasingly AI-savvy, live interviews can help prevent cheating in the interview process.

    Some of the benefits of Cangrade’s synchronous video interviewing include:

    • Automated interview planning: Build dynamic interview guides based on talent intelligence and your KPIs or build a static interview guide customizable to your unique needs.
    • Integrated interview guides: Provide real-time interview guides to your hiring team with dedicated spaces for notes and response ranking.
    • Skills-based interviewing: Assess candidates’ strengths and weaknesses on the key competencies the role requires, eliminating redundant interview questions.
    • Streamlined interview feedback collection: Leverage real-time note-taking and dedicated scoring fields during the interview to avoid chasing feedback.
    • Collaborative interview processes: Automatically collect and average each interviewer’s notes and scores to objectively evaluate candidate fit, while also receiving diverse feedback to facilitate discussions.
    • Accelerated review processes: Leverage response summaries and update notes and rankings with revised thoughts to speed up the review process.
    • Customizable interview methods: Interviewers can choose to interview candidates live or asynchronously to ensure a process that works for your team.

    “The tightening job market leads to new challenges for resource-strained HR teams, which makes interviewing a high volume of applicants and making unbiased hiring decisions an even taller task for recruiters,” said Gershon Goren, founder and CEO, Cangrade. “Our new synchronous video interviewing aims to solve both problems by incorporating a highly effective, structured interview guide right into the conferencing experience.”

    Click here to learn more about Cangrade’s video interviewing software. For more information about Cangrade’s AI-powered, bias-free hiring and talent management solutions, visit www.cangrade.com.

    About Cangrade
    For HR leaders, Cangrade is the bias-free, AI-powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit www.cangrade.com.

    Media Contact:
    Gina Devine
    Public Relations
    press@cangrade.com

    The MIL Network

  • MIL-OSI: Gradle Inc. and Google Celebrate 10-Year Partnership on Android™ Studio

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 04, 2025 (GLOBE NEWSWIRE) — This past December marked the 10-year anniversary of Android Studio’s 1.0 release, a key milestone in the long-standing partnership between Google—producer of Android Studio—and Gradle Inc, the company behind Gradle Build Tool, one of the world’s most popular build systems. For the past decade, Android Studio has been the go-to IDE (integrated development environment) for millions of Android developers worldwide with Gradle Build Tool as the default build system. From faster build times to managing complex build requirements, Gradle Build Tool has been a critical part of Android toolchain, fostering developer productivity and happiness.

    The partnership is a testament to Gradle and Android’s shared commitment to equipping developers with tools to improve the developer experience. According to industry market research firm Evans Data, there are 5.9 million Android developers across the globe. The vast majority of them rely on Gradle Build Tool integration in Android Studio via the Android Gradle Plugin to build their apps.

    ‘With Android Studio, we made two big bets: switching to a new IDE and switching to a new build system. After evaluating the alternatives, we chose Gradle as our default build system because of its ability to handle Android’s complex build requirements and be seamlessly integrated into the IDE creating a single consistent build experience across IDE usage and CI builds,” said Tor Norbye, Engineering Director of Android Studio at Google. “We’re incredibly thankful for our partnership with Gradle over the last decade, and are looking forward to many more years of working together to power fast and flexible builds!”

    Over the years, Gradle has scaled to support the tremendous growth of the Android ecosystem. Improved build performance thanks to parallel execution, build cache, and more recently configuration cache, allowed Gradle Build Tool to scale to support even the largest of Android projects. The addition of Kotlin DSL as the default for new builds allows Android developers to use the same language in both production code and build scripts.

    “Android Studio’s 10th anniversary marks a decade of incredible progress for Android developers,” said Hans Dockter, co-founder and CEO of Gradle Inc. “We are proud that Gradle Build Tool has continued to be a foundational part of the Android toolchain, enabling millions of Android developers to build their apps faster, more elegantly, and at scale.”

    With current initiatives, like Declarative Gradle and Isolated Projects, Google and Gradle continue to collaborate on the next advancements in usability and scalability. Android developers can also access Gradle’s free Build Scan® service, which has generated over 100 million detailed reports on builds since 2020. In addition to Android, Gradle Build Tool also supports Java, Kotlin, Groovy, and Scala ecosystems and is trusted by millions of developers creating innovative, high-quality software. Develocity offers advanced features like advanced Build Cache, Predictive Test Selection, Test Distribution, Flaky Test Detection, Test Failure Analytics, and deep toolchain observability leveraged by multiple Android projects, including AndroidX.

    For more information on Gradle Build Tool for Android Studio, visit this Android developer page. For Develocity and Android Studio, visit this solution page.

    About Gradle
    Gradle Inc. is the award-winning developer productivity company behind Gradle Build Tool—one of the most used build systems in the world—and Develocity, the leading developer toolchain observability platform. Develocity provides comprehensive observability, build and test acceleration technologies, and rapid troubleshooting features for Apache Maven, Android, Bazel, sbt, npm, Python, and Gradle Build Tool. Top companies like Netflix, LinkedIn, ASML, Airbnb, Microsoft, Nasdaq, and SAP use Develocity to deliver critical software faster at scale.

    Contact
    LaunchSquad for Gradle, gradle@launchsquad.com

    Disclaimer: Android is a trademark of Google LLC.

    The MIL Network

  • MIL-OSI: Weaviate Goes Full Stack With Launch of Weaviate Agents for AI Development

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, March 04, 2025 (GLOBE NEWSWIRE) — Vector database developer Weaviate just added a crucial piece to its AI development stack. Today it launched Weaviate Agents, a new set of services for building the next generation of AI and agentic applications.

    Weaviate Agents join Weaviate’s industry-leading vector database and vector embedding service to provide a unified solution for developers building applications powered by GenAI.

    “Weaviate’s development tools come with batteries included,” said Weaviate VP of Product Alvin Richards. “By unifying data management, agentic workflows and vector storage and search on our enterprise-class infrastructure, we empower development teams to quickly create applications that bring intelligent AI to the masses.”

    Weaviate Agents

    Weaviate Agents are modular agentic workflows that use LLMs and prompts to interact dynamically with data in Weaviate. They are pretrained on Weaviate’s APIs, making them experts in performing Weaviate-specific data tasks based on natural language commands. Agents can be easily swapped, rearranged or used together, speeding up development with their simple APIs and powerful functionality.

    The first three Weaviate Agents, launching in Public Preview this month, enable developers to query, improve and augment their data with less operational overhead.

    Query Agent: Simplify complex query workflows and supercharge RAG pipelines by querying data in Weaviate using natural language. Developers configure Query Agent with their desired collections in Weaviate and submit search parameters and aggregations for each query in plain text prompts. Query Agent decides which data is relevant, formulates the necessary searches, retrieves the data, correlates and ranks the answers and returns the results. It can even chain commands together, taking the results of a previous query and extending it with a new prompt.

    Transformation Agent: Organize, enrich or augment datasets at scale with a single prompt. Based on the natural language instructions passed into it, Transformation Agent can automatically update data, create new properties, add new data and more. Use cases include cleaning and organizing raw data for AI, generating and enriching metadata, automatically categorizing, labeling and preprocessing data or even translating your entire dataset.

    Personalization Agent: Dynamically personalize experiences based on user behavior. With Weaviate Personalization Agent, developers can go beyond static, rules-based recommendations and deliver smart, LLM-based personalization on the fly. Personalization Agent makes it easy to curate search results tailored to each user’s preferences and interactions. It can be used in conjunction with Weaviate Query and Transformation Agents to deliver hyper-personalized user experiences in real-time.

    As they are released, Weaviate Agents will become available in Weaviate Cloud, including its free developer sandbox. Query Agent is available now, and Transformation and Personalization Agents are coming later this month.

    “The emergence of vector databases, vector embedding services and agentic architectures represents a pivotal moment in the evolution of data management and transformation,” said Bob van Luijt, CEO of Weaviate.

    “Vector embeddings have been at the core of AI’s development—from early deep learning models to transformers and today’s large language models. What started as a linear process—data to vector, to database, to model, to results—evolved into dynamic feedback loops, giving rise to agentic architectures. This milestone is a natural next step in a journey we saw beginning a decade ago. And that’s why I’m incredibly excited to see a new stack emerging for developers. For those using Weaviate, it’s made up of the Weaviate vector database, Agents and Vector Embeddings. And what’s most exciting is that this is just the beginning.”

    For more on Weaviate Agents, visit Weaviate’s website.

    About Weaviate
    Weaviate is an open-source AI-native vector database that makes it easier for developers to build and scale AI applications. With powerful hybrid search out of the box, seamless connection to machine learning models and a purpose-built architecture that scales to billions of vectors and millions of tenants, Weaviate is a foundation for modern, AI-native software development. Customers and open-source users, including Instabase, NetApp and Morningstar power search and generative AI applications with Weaviate while maintaining control over their own data. Weaviate was founded in 2019 and is funded by Battery Ventures, Cortical Ventures, Index Ventures, ING Ventures, NEA and Zetta Venture Partners. For more information, visit Weaviate.io.

    Media Contact
    Chris Ulbrich
    weaviate@firebrand.marketing
    415 848 9175

    The MIL Network

  • MIL-OSI: Ushur Launches AI Agent for Member Service to Unlock Faster, More Equitable Access to Healthcare Information

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Ushur, a leader in Customer Experience Automation (CXA), today introduced its AI Agent for Member Service, the first-of-its-kind solution purpose-built to revolutionize health plan support. Powered by generative and agentic AI, this solution analyzes data, makes informed decisions and guides members to fast, seamless resolutions. By automating requests with empathetic, real-time assistance, Ushur’s AI Agent empowers health plans to scale service delivery while ensuring more equitable access to care.

    With increasing demand for healthcare services and a shortage of resources, health plans are struggling to meet the needs of their members. In fact, despite digital investments, call centers remain inundated with only 25% of members and patients actively engaging with portals and apps, according to the National Institute of Health. Ushur’s AI Agent bridges this gap by offering fast, accurate, and empathetic responses, ensuring that members can access the support they need—at any time—without burdening already overworked customer support teams.

    Health plans benefit from Ushur’s AI Agent in multiple ways, including:

    • Faster Resolutions: Automates common tasks–like benefits explanations, ID card replacements and Primary Care Physician updates–reducing turnaround times and operational costs.
    • Scalable Support: Manages 24×7 demand and peak periods like open enrollment without requiring additional staff.
    • Enhanced Member Satisfaction: Provides clear, accurate and empathetic responses that improve satisfaction and experience scores.
    • Proactive Engagement: Automates two-way updates for appointments, benefits information and claims progress to reduce member frustration and employee burden.
    • Compliance Adherence: Fully HIPAA-compliant with secure handling of sensitive data, ensuring peace of mind for both health plans and members.

    “In our work with highly regulated industries, we recognize the critical importance of innovation rooted in security and trust,” shares Simha Sadasiva, Co-Founder and CEO of Ushur. “Ushur’s AI Agent that we developed is tailored with healthcare-specific guardrails, ensuring compliance and protecting customer data. These safeguards empower health plans to deliver round-the-clock personalized assistance to their members, achieving unprecedented levels of intelligence and efficiency.”

    Powered by Ushur’s Customer Experience Automation™ platform, Ushur’s AI Agent seamlessly supports health plans to deliver intelligent, compliant, and empathetic member interactions.

    • Healthcare-Specific Intelligence: Finely tuned Large Language Models (LLMs) and knowledge graphs ensure precise, policy-driven responses tailored to payer-specific language.
    • Adaptive Decision Making: A powerful reasoning engine analyzes data from CRMs, enterprise knowledge bases, and other sources to extract insights, determine the best course of action, and dynamically refine recommendations in real time.
    • Goal-Based Task Completion: Integrates with third-party applications and downstream systems, enabling proactive member support and streamlined resolutions.
    • Multimodal & Omni-Channel Engagement: Enhances interactions with dynamic elements like geo-location maps and file attachments, while seamlessly transitioning conversations across preferred digital channels, from text and email to voice and web portals.
    • Empathetic, Context-Aware Conversations: Built-in safeguards handle sensitive topics with care, escalating issues to human resources when needed while simplifying complex healthcare information to a 6th-grade reading level.
    • Privacy, Accessibility & Compliance: Adheres to HIPAA, the Affordable Care Act (ACA), and other regulations to protect Private Health Information (PHI), while supporting multiple languages, including English, Spanish, Chinese, Vietnamese, Korean, and Portuguese.

    Ushur is revolutionizing customer engagement for highly regulated industries with secure, empathetic and AI-driven solutions at scale. The AI Agent for Member Service embodies Ushur’s mission to enhance healthcare access and transform customer experiences for both businesses and the people they serve.

    To see how Ushur’s AI Agent can help you provide faster, more equitable care, please visit www.ushur.com or contact us at anthony@scribewise.com.

    About Ushur
    Ushur delivers the world’s first Customer Experience Automation platform built specifically for regulated industries. Purpose-built for delivering ideal self-service, Ushur infuses intelligence into digital experiences for the most delightful and impactful customer engagements. Equipped with guardrails and compliance-ready infrastructure, Ushur powers vertical AI Agents for healthcare, financial services and insurance use cases. Designed for rapid code-less deployment with flexible, advanced capabilities for IT and business teams, enterprises can transform customer and employee journeys at scale, driving faster time-to-value and improved outcomes.

    The MIL Network

  • MIL-OSI: Ken Garff’s 70 Automotive Dealerships Set New Industry Standard with Point Predictive’s BorrowerCheck™ to Combat Rising Auto Lending Fraud

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 04, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in risk solutions for dealerships and consumer lending today announced that Ken Garff Automotive Group, one of the nation’s largest automotive retailers, has selected BorrowerCheck™ to protect its 70 dealerships from the rising tide of loan fraud and costly lender pushbacks of loans. The decision follows a successful six-month pilot program where the solution identified significant instances of hidden fraud and misrepresentation that traditional red flag tools missed.

    With auto lending fraud reaching $8 billion last year, dealers face mounting challenges from sophisticated identity theft schemes and income misrepresentation. Lenders are increasingly pushing back fraudulent loans to dealers, creating substantial financial risk. Ken Garff’s implementation of BorrowerCheck represents a strategic move to protect its dealerships while streamlining the car-buying process for legitimate customers.

    Ken Garff dealers will benefit from BorrowerCheck in several ways:

    • Prevent pushbacks by detecting over 90% of fraud traditional red flag reports miss.
    • Detect all types of fraud including identity, income, and employment misrepresentation.
    • Activate 100% seamless integration requiring no change to existing processes.

    “The automotive retail landscape is evolving rapidly, and so are the fraud risks our dealers face,” said Brett Hopkins, CEO of Ken Garff Automotive Group. “By partnering with Point Predictive, we’re not just protecting our bottom line, we’re ensuring our customers have a seamless, secure car-buying experience while safeguarding our relationships with lending partners. When our dealerships identify a single instance of fraud with BorrowerCheck it delivers a significant Return on Investment”.

    The implementation of BorrowerCheck requires no operational changes for dealerships, seamlessly integrating into existing workflow and process while providing more comprehensive protection against identity, income, and employment fraud.

    “The automotive industry is moving beyond outdated red flag solutions that generate excessive false positives and miss sophisticated fraud schemes,” said Tim Grace, CEO of Point Predictive. “By leveraging our proprietary database and technology, BorrowerCheck helps dealerships like Ken Garff identify fraud that traditional tools miss and that often leads to costly loan pushbacks. Our modern approach doesn’t just catch more fraud – it makes the entire process significantly faster and more effective, replacing cumbersome 15-minute authentication surveys with 90-second verifications. This is the future of fraud prevention and customer satisfaction at dealerships.”

    The pilot program revealed BorrowerCheck’s ability to detect sophisticated fraud schemes that traditional red flag solutions missed. The system’s comprehensive approach draws on Point Predictive’s proprietary data repository, which includes intelligence from over 250 million historical loan applications, historical information on over 93 million unique identities, insights on more than 23 million employers and 300 million historically reported incomes.

    The solution will be rolled out across all 70 Ken Garff dealerships in the coming months, representing one of the largest implementations of BorrowerCheck in the automotive retail sector.

    For more information, contact info@pointpredictive.com.

    About Point Predictive

    Point Predictive powers a new level of lending confidence and speed through artificial intelligence, powerful data insight from our proprietary data repository, and decades of risk management expertise. The company’s data and technology solutions quickly and accurately identify truthful and untruthful disclosures on loan applications. As a result, lenders can fund the majority of loans without requiring onerous documentation from consumers, such as pay stubs, utility bills, or bank statements, improving funding rates while reducing early payment default losses. Subsequently, borrowers get loans faster, and lenders realize a more profitable bottom line.

    About Ken Garff Automotive Group

    Ken Garff Automotive Group is one of the largest privately-held automotive retailer groups in the United States, with 70 dealerships across multiple states. Founded in 1932, Ken Garff has built its reputation on a commitment to treat customers and employees with respect while maintaining the highest standards of integrity in automotive retail. The company’s success is driven by its mission to create lifetime customers through exceptional experiences.

    Media Contact

    Jill Robb
    jrobb@pointpredictive.com

    The MIL Network

  • MIL-OSI: Moderne Unveils Moddy: The First Multi-Repository AI Code Agent for Analyzing and Evolving Large Codebases

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, March 04, 2025 (GLOBE NEWSWIRE) — Moderne, the automated code refactoring and analysis company, is proud to announce the launch of the first-ever multi-repository AI agent—code-named Moddy—designed to transform how developers understand and evolve large-scale codebases. Unlike code assistants that operate within a single repository and integrate solely with the developer’s IDE, Moddy is a powerful component of the multi-repository Moderne Platform, offering unprecedented power and precision to developers tasked with managing today’s sprawling codebases.

    Moddy is a complementary solution to code assistants in the IDE, like GitHub Copilot, that focus entirely on net-new code authorship. These code assistants rely on IDEs’ internal representations of code, limiting them to a single repository at a time. This restriction prevents them from scaling to multi-repo capabilities and unable to address important use cases—such as vendor migrations, security remediations, and dependency upgrades—that require understanding and modifying code across multiple repositories at once.

    Moddy shatters the single-repo barrier with access to the OpenRewrite Lossless Semantic Tree (LST) code representation and Moderne’s unique ability to serialize LSTs. LSTs capture the intricate structure, dependencies, and relationships across multi-repository codebases, which Moddy can use to analyze and modify vast codebases deterministically using thousands of OpenRewrite recipes.

    “Moddy opens the door to billions of lines of code. This is a fundamental shift that empowers engineering teams to evolve software faster and with greater confidence, giving businesses the agility to keep pace with change,” said Olga Kundzich, CTO and Co-Founder of Moderne. “With Moddy, developers can now see and act on the entire codebase, not just the fraction open in their IDE. Think of the ability to onboard a developer to a new codebase in one day rather than six months.”

    For example, if a developer wants to migrate legacy database usage to PostgreSQL, they can ask Moddy how SQL is used across the organization’s entire codebase. Moddy will identify the appropriate Moderne recipe to locate SQL usage, then execute it across all repositories, gathering the results in a structured format.

    From there, Moddy can analyze the data, cluster results by various dimensions, and pinpoint proprietary legacy SQL syntax that needs updating for PostgreSQL compatibility. The developer can then decide whether to apply deterministic changes using additional OpenRewrite recipes or make manual updates, all while maintaining full visibility into the migration process across the entire business unit.

    Moddy seamlessly integrates large language models (LLMs) with Moderne’s deterministic systems, allowing each to excel at what they do best. The advent of LLM tool-function calling in late 2024 is what enabled this hybrid approach. Suddenly, the thousands of OpenRewrite recipes that already existed in the Moderne marketplace became tools that an LLM could use.

    LLMs are good at interpreting human requests, while deterministic tools deliver accurate, actionable data. When equipped with accurate data, all LLMs perform remarkably well. The hallucination problem many LLMs face stems from insufficient access to in-depth code data. This synergy allows developers to receive clear, trustworthy insights and execute large-scale code changes with confidence because changes can be validated by the underlying data.

    In addition, Moddy also has access to knowledge graphs (built through the LLM and recipe interaction) that enable deep understanding of business logic, not just the technology in use. For example, Moddy can answer questions about where payments processing happens in a business unit.

    Moderne offers a choice of LLM with Moddy (including BYOM). Moderne tested AI models from many providers, and, when enabled with deterministic tools, they all performed well and were undifferentiated.

    Developers typically have only a tiny fraction of their enterprise code open in their IDE. Moddy changes the game by providing multi-repo visibility, enabling developers to understand and evolve entire codebases—not just the repository in front of them. This leap in capability represents a step function increase in developer productivity, particularly for maintaining, modernizing, and securing complex software environments.

    Moddy is currently available in an exclusive beta for Moderne customers. For more information, please read this blog post.

    About Moderne
    Moderne automates mass-scale code modernization that’s critical to the progress and success of enterprise companies today—making a difference in minutes, not months. Moderne is based in Miami, and its investors include Acrew Capital, Intel Capital, True Ventures, Mango Capital, Allstate Strategic Ventures, Morgan Stanley, Amex Ventures, and TIAA Ventures, among other investors and advisors. To learn more visit www.moderne.ai

    Media Contact
    Merrill Freund
    merrill@freundpr.com
    +1-415-577-8637

    The MIL Network

  • MIL-OSI: Introducing New Cloud-Based CorelDRAW Go, Creative and Workflow Enhancements in CorelDRAW Graphics Suite 2025, and Browser-Based Design with CorelDRAW Web

    Source: GlobeNewswire (MIL-OSI)

    CorelDRAW Go provides a beginner-friendly design experience, empowering creativity from anywhere.

    CorelDRAW Graphics Suite delivers Painterly Brush tool enhancements and streamlined print to PDF workflows, alongside flexible, online design with CorelDRAW Web.

    OTTAWA, Ontario, March 04, 2025 (GLOBE NEWSWIRE) — Introducing CorelDRAW Go, a beginner-friendly online graphic design tool for creative enthusiasts and aspiring designers. This newest addition to the CorelDRAW family simplifies the creative process, equipping users with intuitive tools to design efficiently from anywhere.

    Alongside this, the latest updates to award-winning graphic design software, CorelDRAW Graphics Suite, are unveiled, including CorelDRAW Web, providing subscribers with a flexible, cloud-based design experience.

    “With CorelDRAW Go and CorelDRAW Web, we’re making creativity more accessible than ever,” said Prakash Channagiri, Senior Director of Product Management for CorelDRAW. “The flexibility of these new cloud-based tools combined with the latest creative and workflow enhancements in CorelDRAW Graphics Suite, reinforce our commitment to empowering design professionals and creative enthusiasts to work more efficiently and push the boundaries of what’s possible in graphic design.”

    CorelDRAW Go is a browser-based tool that makes design more intuitive and accessible, without the steep learning curve that comes with professional graphic design software. With an easy-to-use interface it delivers more advanced drawing and editing capabilities than many template-based alternatives.

    Here’s what’s available in CorelDRAW Go:

    Robust Design Tools

    • Interactive drawing tools
    • Realistic brushes
    • Straightforward node editing
    • User-friendly text tools
    • Easy-to-use masking controls
    • Essential image editing features

    Extensive Creative Assets

    • Fully customizable templates
    • Thousands of editable vector icons, illustrations, and clipart
    • More than 6 million royalty-free stock photos
    • Thousands of fonts

    In this latest release, CorelDRAW Graphics Suite customers get access to powerful tools and enhancements designed to elevate creativity and simplify workflows.

    Here’s what’s new in CorelDRAW Graphics Suite 2025:

    • NEW! CorelDRAW Web: CorelDRAW is more accessible than ever thanks to the introduction of CorelDRAW Web, a powerful browser-based version of the award-winning graphic design suite. Available exclusively to subscribers, CorelDRAW Web delivers a full CorelDRAW experience in the browser, allowing users to design seamlessly from any device.
    • NEW! Advanced Print to PDF capabilities: Streamline workflows and enjoy faster, more efficient output with new Print to PDF functionality, now integrated into CorelDRAW and Corel PHOTO-PAINT.
    • ENHANCED! Painterly Brush tool: Unleash creativity with the upgraded Painterly Brush tool, now featuring additional brush controls, and improved compatibility with other tools. Plus, subscribers get exclusive access to 50 additional free brushes, unlocking a world of new creative possibilities.
    • NEW! Simplified multi-seat license management: The redesigned Corel Customer Account Portal streamlines license administration, allowing businesses to assign licenses or deploy software without requiring individual user accounts.

    This latest release also includes performance and quality improvements, direct access to additional Google Fonts, and advanced security upgrades.

    Availability and Pricing

    CorelDRAW Graphics Suite is available on Windows, macOS, and web in English, German, Italian, French, Spanish, Brazilian Portuguese, Dutch, Polish, Czech, Russian, Simplified Chinese, Traditional Chinese, Turkish, Swedish, and Japanese. Subscription is $269 USD / €369 / £319 per year. CorelDRAW Graphics Suite 2025 is available for one-time purchase at the suggested retail price of $549 USD / €779 / £659. EUR and GBP prices include VAT.

    To compare purchase options of CorelDRAW Graphics Suite, please visit: https://www.coreldraw.com/coreldraw/#compare.

    For more information about business licenses, visit www.coreldraw.com/business, and for more information about education licenses, visit www.coreldraw.com/education.

    CorelDRAW Web is available to all CorelDRAW subscribers and active maintenance customers and is supported on the most recent versions of Google Chrome, Microsoft Edge, and Firefox, on both Windows and macOS. To learn more about CorelDRAW Web, or to try a 15-day trial, visit: www.coreldraw.corel.com.

    CorelDRAW Go performs best with Google Chrome or Microsoft Edge, with the latest updates, on both Windows and macOS, and is available in English, German, Italian, French, Spanish, Brazilian Portuguese, Dutch, Polish, and Czech. A subscription is $9.99 USD / €9.99 / £8.99 monthly or $99 USD / €115 / £95 per year. EUR and GBP prices include VAT. To learn more about CorelDRAW Go, visit: www.go.corel.com.

    About Alludo

    Alludo is a global technology company helping people work better and live better. We’re the people behind award-winning, globally recognizable brands including Parallels, Corel, MindManager, and WinZip. Our professional-caliber graphics, virtualization, and productivity solutions are finely tuned for the digital remote workforce delivering the freedom to work when, where, and how you want.

    With a 35+ year legacy of innovation, Alludo empowers all you do, helping more than 2.5 million paying customers to enable, ideate, create, and share on any device, anywhere. To learn more, visit www.alludo.com

    © 2025 Cascade Parent Limited trading as Alludo. All rights reserved. Alludo, and the Alludo logo are trademarks of Cascade Parent Limited in Canada, the United States and/or elsewhere. Corel, CorelDRAW, Corel PHOTO-PAINT, Go, MindManager and WinZip are trademarks or registered trademarks of Corel Corporation. Parallels is a registered trademark of Parallels International GmbH. MacOS is a trademark of Apple Inc. Google and Chrome are trademarks of Google LLC. All other company, product and service names, logos, brands and any registered or unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. For all notices and legal information please visit www.alludo.com/en/legal and www.corel.com/en/legal-information/.

    Contact:
    Ashley Ruess
    ashley.ruess@alludo.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9c05058a-e856-498a-88b3-2330c0f33de1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c0add386-97a5-490e-ad55-360995e05f1d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/32ad5403-f765-41bd-8d7c-117c67db1399

    https://www.globenewswire.com/NewsRoom/AttachmentNg/94cf185e-48cb-4409-bd79-555aa6d1c49d

    The MIL Network

  • MIL-OSI: Swipesum Partners with Facility Ally to Redefine Payment Solutions for Eatertainment Venues and Sports Facilities

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, March 04, 2025 (GLOBE NEWSWIRE) — Swipesum, a leading payment processing consultancy and merchant services company, announced today its partnership with Facility Ally, a premier provider of business solutions for sports and entertainment facilities. Together, Swipesum and Facility Ally have launched AllyPay, an embedded payments solution that streamlines transactions and customer support and improves financial management for eatertainment venues, sports clubs, and facility management organizations.

    Through AllyPay, Facility Ally customers will now have access to a more seamless and efficient payment processing experience backed by Swipesum’s industry expertise. Key features of AllyPay include:

    • Optimized Transaction Processing: In addition to providing higher-level payment security, Swipesum will use its proprietary auditing software, Staitment, to negotiate lower payment processing fees and transaction costs with facility operators.
    • Real-Time Chargeback Notifications and Support: Proactively addresses disputes to save time and reduce manual workloads.
    • White Glove Support: Offers access to Swipesum’s team of payments experts with a dedicated support team that provides personalized guidance, expert insights and tailored solutions that improve efficiency.
    • Next-Day Funding: Offers an expedited funding timeline, allowing businesses to access their revenue as soon as the next day.

    Beyond payment processing, Facility Ally delivers comprehensive business solutions that support every aspect of facility operations. In addition to scheduling, resource management, and consulting, Facility Ally’s dedicated media agency provides branding, website development, SEO, and marketing services tailored for sports and eatertainment venues. With the rise of membership-based and social sports clubs—including the 18,000 new pickleball courts added in 2024—sports facilities increasingly rely on recurring payment systems, reinforcing the need for robust chargeback support and optimized payment solutions.

    “Swipesum is thrilled to leverage our embedded payments expertise in partnership with Facility Ally’s cutting-edge solution,” said Michael Seaman, founder and CEO of Swipesum. “Our goal with AllyPay is to equip facility managers with efficient tools that streamline operations, reduce costs, and deliver a seamless payment experience for their clients while increasing the revenues from payment processing for Facility Ally.”

    With AllyPay, facilities gain access to an embedded payment gateway with additional features like QuickBooks syncing, detailed sales tracking reports and enhanced security features. These tools help eliminate manual work and errors, accelerate payment cycles, and create a seamless, user-friendly payment experience for facility members and visitors.

    “Partnering with Swipesum to launch AllyPay allows us to provide unparalleled value to our clients,” said Luke Wade, founder and CEO of Facility Ally. “By offering a specialized payment solution tailored to our industry, we’re empowering our customers to streamline their financial processes and focus on what matters most.”

    To learn more about Facility Ally and AllyPay, visit https://facilityally.com/allypay. To learn more about Swipesum visit www.swipesum.com.

    About Swipesum
    Swipesum is a comprehensive credit card processing company and merchant services consultancy delivering innovative auditing solutions to businesses nationwide. Swipesum acts as a company’s Chief Payments Officer, combining industry knowledge, AI and proprietary software to create a transparent payments strategy that optimizes payment processing fees. The team of expert consultants provides 24/7 assistance and continued monitoring to return the budgetary power back to the business owner. Visit www.swipesum.com for more information.

    About Facility Ally
    Facility Ally is a turnkey business solution designed for sports and entertainment facilities, offering everything you need to launch and manage your venue seamlessly. From simplified booking software to a dedicated media agency for branding, website development, and SEO, Facility Ally ensures your new facility is set up for success. Their expert consulting services provide the guidance needed to plan, strategize, and execute a successful facility launch with confidence. With over 15 years of experience and a proven track record of successful implementations, Facility Ally delivers the tools and expertise to streamline operations and enhance customer experiences. For more information, visit https://facilityally.com.

    Media Contact
    Kalie Griffin
    Uproar by Moburst for Swipesum
    kalie.griffin@moburst.com

    The MIL Network

  • MIL-OSI: Skyward Unveils New Turnkey Data Visualization Tool During 2025 International Conference, iCon

    Source: GlobeNewswire (MIL-OSI)

    STEVENS POINT, Wis., March 04, 2025 (GLOBE NEWSWIRE) — Skyward, a school administration software provider committed to helping K-12 leaders spend less time on tasks and more time with students, held their international conference, iCon, February 26-28 in St. Pete Beach, Florida. The event featured over 80 sessions and various networking opportunities, with the highlight being the unveiling of Skyward’s DistrictPulse, a new analytics reporting tool designed to quickly connect data to capture strategic insights, integrated seamlessly with Skyward’s Qmlativ Education Management System.

    Developed in partnership with Amazon Web Services (AWS), Skyward’s DistrictPulse is designed to pull data directly from Qmlativ and deliver actionable insights to key district personnel. Unlike many existing solutions, DistrictPulse ensures that data remains secure and accessible only to authorized users, reflecting the security established in Qmlativ. To learn more about Skyward’s DistrictPulse, go to skyward.com/districtpulse.

    “The launch of DistrictPulse emphasizes our commitment to providing powerful analytics that empower district leaders with the insights needed to improve performance and achieve their goals,” said Tom King, chief marketing officer at Skyward. “iCon 2025 was a fantastic opportunity to connect with edtech leaders and showcase how Skyward continues to innovate.”

    “AWS was thrilled be a part of iCon 2025 to show Skyward users how DistrictPulse is a game-changer for them,” said Adam Leahy, senior enterprise account executive at AWS. “We’ve worked closely with Skyward over the past year to ensure this tool saves customers time and delivers data in an entirely new way to analyze and visualize trends, which district leaders can then act on.”

    The unveiling of DistrictPulse sparked immediate excitement among iCon attendees, with many eager to explore how the new tool will transform their reporting capabilities and data analytics.

    “I’m excited about the potential of DistrictPulse,” said Liz Boyles, iCon 2025 attendee and director of information services at Troy CCSD 30C in IL. “This tool will significantly reduce concerns regarding data accuracy, and at-a-glance visuals will provide opportunities for continuous growth at our district and play a significant role in our strategic plan.”

    iCon provided attendees with hands-on learning about how Skyward can help streamline district operations. Attendees also participated in leadership-focused presentations, had the opportunity to connect with other like-minded professionals, heard from keynote Thomas C. Murray, and recognized this year’s Leader in Excellence winners. Find the full list of winners at skyward.com/leaders.

    Next year’s international conference will take place February 25-27, 2026 at TradeWinds Island Resort in St. Pete Beach, Florida. For more information, visit skyward.com/icon.

    About Skyward

    Since 1980, Skyward’s SIS and ERP solutions have helped more than 2,500 school districts save time, connect with families, and empower success. By blending advanced technology guided by actual users with world-class support delivered with a personal touch, Skyward is the clear choice for K-12 leaders who want to spend less time on tasks and more time with students. To learn more about the next generation of K-12 administration software, visit www.skyward.com.

    About Amazon Web Services

    Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

    Media Contact:
    Alexis Bushman
    Skyward, Inc.
    (715) 972-4397
    alexis.bushman@skyward.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8793ef1-0539-432e-8679-c077243f1f26

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  • MIL-OSI: nuVizz Recognized in the 2025 Gartner® Market Guide for Vehicle Routing and Scheduling

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) — nuVizz, a provider of transportation management solutions and last-mile delivery technology, today announced its recognition as a Representative Vendor in the 2025 Gartner® Market Guide for Vehicle Routing and Scheduling1. This is the second consecutive year that nuVizz is recognized as a Representative Vendor in Gartner’s VRS Market Guide.

    nuVizz was also recognized as a Representative Vendor in the 2024 Gartner Market Guide for Last-Mile Delivery Technology Solutions.

    The report says, “Gartner defines a vehicle routing and scheduling (VRS) solution as an application that creates vehicle routes and schedules, considering multiple constraints and service requirements while minimizing transportation fleet costs and mileage. VRS creates repeatable scheduled static routes and/or dynamic routes based on inputs (orders, deliveries and pickups), rules and constraints for meeting objectives. Transportation delivery fleets include both full truckload and last mile. VRS solutions are capable of running both scenario modeling analysis to support fleet sizing, delivery window optimization, long-term planning and tactical optimization for execution of deliveries.”

    nuVizz’s AI- and ML-powered last-mile TMS platform serves shippers with large delivery networks, last-mile delivery fleets, carriers, LSPs, and agents, optimizing both B2B and B2C deliveries. By analyzing data and real-time conditions, nuVizz can route and schedule last-mile deliveries and streamline delivery progress updates through real-time notifications.

    The report goes on to note, “Vendors are also optimizing other aspects of the transportation operation, such as driver and fleet utilization and address validation. Routing algorithms can process new data inputs to provide more accurate, optimal routing, resulting in near-real-time operation control and visibility. Examples of the new data inputs include historical and predicted traffic patterns, weather or detention times at distribution centers, and customers preferences and their delivery options.”

    nuVizz recently announced its new AI assistant, Vizzard, which helps dispatchers select ideal algorithms to optimize routes, improve vehicle utilization, and reduce mileage based on delivery demand patterns, as well as provide intelligent address correction and validation. nuVizz empowers users to optimize last-mile operations with predictive analytics, real-time alerts, and omnichannel supply chain visibility.

    “For fleets, drivers and shippers to thrive in the evolving supply chain landscape, they need intelligent, adaptable technology that enables seamless orchestration and optimization of deliveries in real-time,” said nuVizz CEO Guru Rao. “We believe that being recognized in Gartner’s VRS Market guide underscores our commitment to providing innovative solutions that empower logistics operators to enhance efficiency, visibility, and the overall last-mile experience for their customers.”

    Gartner® adds, “Routing algorithms are one of the components that define and differentiate VRS solutions from other transportation solutions. Vendors keep adding more capabilities that enhance the optimization options provided. In order to maximize the use of the different routing options (static, dynamic or real-time routing), vendors are adding options to outsource transportation to external fleets, such as parcel couriers, on-demand fleets and full truckload carriers. This has created an opportunity for VRS to have specialized solutions for the complexity to support each routing type.”

    Gartner® subscribers can access the full report here.

    Disclaimer
    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

    1. Gartner, Market Guide for Vehicle Routing and Scheduling, Nathan Lease, Oscar Sanchez Duran, and Carly West, January 29, 2025

    About nuVizz
    nuVizz lights the way to better delivery and transportation logistics. From the first mile to the last mile-and everything in between – we’re trailblazers in supply chain optimization and digitization. Infinitely flexible, the nuVizz SaaS platform drives visibility, control, cost savings, and a better customer experience across the fulfillment lifecycle.

    Our single-minded mission: simple, sustainable transportation solutions for every business on the planet. Go further, grow faster. For more information, visit nuvizz.com.

    Media Contact
    Erika Belezarian
    LeadCoverage
    erika@leadcoverage.com

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  • MIL-OSI: Server-Class Ethernet NIC Market Increased by $2 Billion in 2024, Reports Crehan Research

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 04, 2025 (GLOBE NEWSWIRE) — Server-Class Ethernet NIC revenues increased by $2 billion in calendar-year 2024, according to the latest report from Crehan Research. The increase reflects a continuation in the trend of strong investment in server-class Ethernet NICs, resulting in a doubling of market revenues in just three years — despite one of those years having seen relatively weak performance due to a general market inventory correction. Analysis of the strong growth also reveals that data center customers are spending a greater portion of networking budgets on Ethernet NICs (see accompanying chart).

    “Data Center Ethernet NICs have gone from low-cost commodity chips soldered down on volume server motherboards to high-performance, differentiated, add-in cards that provide a multitude of high-value network functions, including ones formerly handled by CPUs,” said Seamus Crehan, president of Crehan Research. “As a result, Ethernet NICs have seen an upward trend in share of data center networking budgets, even as those budgets grew robustly.”

    Crehan also reported a strong surge in demand for the highest speed NICs during the year, with combined 100GbE, 200GbE and 400GbE NICs increasing more than 50% in both shipment and revenues. “Although generative AI was a driver of the high-speed Ethernet NIC demand surge,” Crehan said, “there were numerous other areas contributing to the growth, including general cloud compute and storage.”

    About Crehan Research Inc.
    Crehan Research Inc. produces reports with very detailed statistics and information on the data center switch and server-class adapter & LOM/controller (NIC) markets. The company’s reports are supported with rich insights and context to deliver increased value. 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/671cbc98-74e5-4ef3-8728-930ab1950931

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  • MIL-OSI: Form 8.3 – Warehouse REIT Plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Warehouse REIT Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    03/03/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p Ordinary Shares
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 69,220,080 16.29%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    69,220,080 16.29%    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p Ordinary Shares Sale 7,400 82.152p
    1p Ordinary Shares Sale 31,380 82.2896p
    1p Ordinary Shares Sale 9,362 82.4524p
    1p Ordinary Shares Sale 10,500 82.551p
    1p Ordinary Shares Sale 11,500 82.612p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    1p Ordinary Shares Internal transfer from Discretionary to Execution-Only 5,500  
    1p Ordinary Shares Internal transfer from Discretionary to Execution-Only 2,500  
    1p Ordinary Shares Internal transfer from Discretionary to Execution-Only 6,500  
    1p Ordinary Shares Internal transfer from Discretionary to Execution-Only 10,925  

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 04/03/2025
    Contact name: Callum Ridley – Compliance Department
    Telephone number: 0151 243 7037

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at.

    The MIL Network

  • MIL-OSI: Ambiq Democratizes Edge AI with the Apollo330 Plus Series SoCs

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 04, 2025 (GLOBE NEWSWIRE) — Ambiq®, a leading provider of ultra-low-power semiconductor solutions that address the significant power consumption challenges of conventional and AI compute at the edge, unveils the Apollo330 Plus System-on-Chip (SoC) series. The series consists of the base Apollo330 Plus, the Apollo330B Plus, and the Apollo330M Plus, each offering a rich set of peripherals and connectivity options for healthcare, smart homes and buildings, industrial edge applications, and more to drive always-on and real-time AI at the edge.

    Key Features:

    • Up to 250 MHz Arm® Cortex ®-M55 application processor with turboSPOT® and Arm® Helium™ technology
    • 48/96 MHz Arm Cortex-M4F network processor and multi-protocol radio (in wireless product options)
    • Over 16x faster performance and lower latency, and 30x better AI energy efficiency than similar solutions based on previous generation Cortex-M processors
    • Ultra-low power digital microphone PDM for truly always-on voice
    • Multiple package and connectivity options such as Bluetooth® Low Energy, Matter, and Thread for diverse edge devices

    The Apollo330 Plus series is purpose-built to enable always-on and real-time AI inferencing on devices. Built on Ambiq’s proprietary subthreshold power optimized technology (SPOT®) platform, it achieves unprecedented 16x faster performance and up to 30x better AI energy efficiency compared to similar solutions based on previous generation Cortex-M processors, so manufacturers can deliver innovative features while extending device lifetimes, offering multi-protocol connectivity across diverse endpoints, and enhancing user experiences.

    The Apollo330 Plus architecture fully leverages the Arm Cortex-M55 processor with Arm Helium technology for AI acceleration, processing up to 8 MACs per cycle. The Apollo330 Plus series includes 2MB of on-chip system RAM, 2MB of embedded non-volatile memory, a large 32kB I-cache and 32kB D-cache on a wide bus, and a multi-protocol radio for developers to create high-performing and power-efficient products.

    While today’s smart devices rely heavily on power-hungry cloud computing, the Apollo330 Plus series creates a brand-new opportunity by enabling true edge AI processing,” says Fumihide Esaka, CEO of Ambiq. “This empowers manufacturers to create longer-lasting, more responsive, intelligent devices for homes, offices, and factories.

    With a growing number of new and compelling edge AI applications emerging across markets including industrial and smart home, enabling ultra-low-power AI processing directly at the edge will be transformative,” said Laurence Bryant, VP segment marketing, IoT Line of Business at Arm. “With this new solution, built on Arm, Ambiq is paving the way for smarter, more efficient devices that can deliver real-time intelligence across a wide range of use cases.

    The Apollo330 Plus series offers three variants:

    • The Apollo330 Plus base model without wireless connectivity offers a rich set of peripherals for wearables, medical/healthcare, and smart home, empowering developers to create sophisticated sensor-based applications easily.
    • The Apollo330B Plus extends upon the Apollo330 Plus with Bluetooth® Low Energy (BLE) support for a wide selection of connected peripherals and audio applications
    • The Apollo330M Plus further adds multi-protocol radio support for IEEE 802.15.4, Thread, and Matter, enabling low-power interoperability mesh networking between next-gen smart home, smart meter, and industrial edge devices

    Its streamlined multi-core architecture comprises a powerful application processor and a dedicated network co-processor for uncompromised radio performance. The design simplifies development while delivering uncompromised multi-protocol radio performance with robust signal strength up to +14dBm signal strength and enhanced radio sensitivity.

    Innovative secureSPOT® 3.0 features based on Arm TrustZone® technology further enhance Apollo330 Plus Series SoCs, ensuring the integrity and confidentiality of data transmitted and processed by connected devices. With hardware-based security mechanisms, such as secure boot and secure firmware updates, these SoCs provide robust protection against unauthorized access and malicious attacks, enabling secure deployment in various applications.

    As the newest addition to Ambiq’s portfolio, the Apollo330 Plus SoC series sets a new standard for ultra-low-power AI processing at the edge. With more connectivity, security, a wider set of peripheral interfaces, and multiple package options, these SoCs provide developers with the tools they need to implement sophisticated, energy-efficient AI solutions in edge devices.

    Check out the Apollo330 Plus SoC Series, and visit Ambiq at Embedded World 2025 by booking a meeting with their team.

    About Ambiq

    Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We enable our customers to deliver artificial intelligence compute at the edge where power consumption challenges are the most profound. Our technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. We’ve powered over 260 million devices today. For more information, visit www.ambiq.com.

    Contact 

    Charlene Wan 
    VP of Branding, Marketing, and Investor Relations
    cwan@ambiq.com
    +1.512.879.2850

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/caa4645a-4944-4bf7-b13b-0a3177b7d62c

    The MIL Network

  • MIL-OSI: Primech AI Launches Global Robotics as a Service (RaaS) Initiative with Chinachem Group Partnership

    Source: GlobeNewswire (MIL-OSI)


    Pioneering AI-Powered Cleaning Technology Deployment Marks Strategic Expansion into Hong Kong Market

    SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI”) or (the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), is proud to announce the launch of its innovative Robotics as a Service (RaaS) business line, revolutionizing the cleaning solutions industry. This strategic initiative addresses critical industry challenges including labor shortages, hygiene standards, and operational costs through proprietary AI-driven technology.

    As part of this global expansion strategy, Primech AI has signed a Memorandum of Understanding (MoU) with CCG Property Services, a subsidiary of Hong Kong’s leading property developer Chinachem Group, to deploy HYTRON, an AI-powered fully automated toilet cleaning robot, in selected facilities managed by CCG Property Services in Hong Kong.

    Figure 1: Nina Tower 1 in Hong Kong, where Primech AI’s HYTRON will be deployed.

    The deployment of HYTRON marks the initial phase of Primech AI’s bold initiative to roll out 300 cleaning robots across Singapore, Hong Kong, and Dubai. This expansion reinforces the company’s position as a technology leader in autonomous cleaning solutions for facility services and sanitation.

    “This collaboration marks a significant milestone in our global expansion of our Robotics as a Service solution,” said Charles Ng, Chief Operating Officer of Primech AI. “While our cleaning services continue to serve the Singapore market, we are extending the Raas business model making it accessible internationally, beginning with this strategic partnership in Hong Kong’s premier property portfolio.”

    Under the two-year MoU, Primech AI will supply and install HYTRON robots in designated facilities, including the iconic Nina Tower 1, with comprehensive maintenance, technical support, and staff training. CCG Property Services will integrate the robots into daily operations, showcasing HYTRON’s capabilities in elevating cleanliness standards and operational efficiency.

    Primech AI envisions a long-term expansion of HYTRON into additional global markets, including Australia, Europe, and the United States, bringing cutting-edge cleaning solutions to more regions worldwide. Beyond this initial deployment, the company also plans to extend its Robotics-as-a-Service (RaaS) offering to these markets, further enhancing accessibility of its advanced cleaning technology on a global scale.

    “Beyond advancing automation in the traditional cleaning industry, this deployment marks a significant milestone for Primech Holdings Limited. It demonstrates our ability to expand internationally and provide cutting-edge cleaning solutions across borders. By working with esteemed partners like Chinachem Group and CCG Property Services, we are proving that our technology is not only effective but also scalable on a global level. This is just the beginning of our vision to redefine commercial cleaning through AI and robotics.” said Kin Wai Ho, CEO of Primech Holdings Limited. This initiative underscores Primech Holdings’ commitment to transforming the cleaning industry through advanced technology while expanding its global footprint beyond its traditional Singapore base.

    Primech AI’s self-developed HYTRON bathroom cleaning robot is integrated with advanced NVIDIA technology. The latest HYTRON model incorporated the NVIDIA Jetson Orin Nano Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. The HYTRON robot also uses a suite of NVIDIA software, including CUDA, CuDNN, TensorRT, and NVIDIA Driver, to optimize its AI capabilities.  This combination of hardware and software allows HYTRON to deliver superior processing speed, efficiency, and reliability in its cleaning tasks.

    About Chinachem Group

    Founded in 1960, Chinachem Group is a private real estate company in Hong Kong, with a portfolio covering residential, commercial, retail and industrial buildings for sales and investment, in addition to operating hotels and property management services as well as elderly services.

    Dedicated to making better places to live, work and raise future generations in Hong Kong and beyond, the Group seeks to deliver lasting commercial, social and environmental benefits.

    Please visit www.chinachemgroup.com/en

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

    About Primech AI

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

    Forward-Looking Statements

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

    Company Contact:

    Email: ir@primech.com.sg

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

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