Source: GlobeNewswire (MIL-OSI)
ProVen Growth and Income VCT plc
Transaction in own shares
27 February 2025
ProVen Growth and Income VCT plc announces that, on 27 February 2025, it purchased the following shares for cancellation:
| No. purchased |
Price paid per share |
% of class in issue |
|
| Ordinary shares of 1.6187p each | 4,197,322 | 47.93p | 1.33% |
Beringea LLP
Company Secretary
Telephone: 020 7845 7820
-End
Source: GlobeNewswire (MIL-OSI)
SAN DIEGO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, today announced a collaboration with the Cyber Center of Excellence (CCOE) and the Boys & Girls Clubs of Greater San Diego (BGCGSD) to provide an opportunity for San Diego middle school youth to learn about cybersecurity skills, safety, risks and potential careers the field.
According to CISA’s January 2023 report “Protecting Our Future: Partnering to Safeguard K–12 organizations from Cybersecurity Threats,” many K-12 schools lack the resources to implement comprehensive cybersecurity programs.
“ESET is committed to empowering San Diego youth with the skills and knowledge to stay safe online,” said Marissa Pitchford, Head of Corporate Social Responsibility, ESET North America. “Through our longstanding relationship with both the Cyber Center of Excellence (CCOE) and the Boys & Girls Clubs of Greater San Diego we aim to close cybersecurity education gaps and help keep our community safe from cyber threats.”
The Event
On Thursday, February 27th, 100 middle school students will participate in cybersecurity workshops led by San Diego cybersecurity professionals. The educational event will be held from 2:00-4:30pm at Rincon Middle School, 925 Lehner Ave, Escondido, California. Workshops include sessions on cyber hygiene and online safety, and gamified cybersecurity skills training using the popular, hands-on video game program, World of Haiku. Volunteers will also help build awareness about the interests and skillsets that make good cyber professionals and how to pursue a career in cybersecurity.
“ESET has been a valuable partner for the BGCGSD and are invested in improving the lives of young people,” said Michelle Malin, COO of the Boys & Girls Clubs of Greater San Diego. “As a recent partner in our annual Back 2 School Drive, ESET donated a free one-year security license and a cyber-safety parental guide with each of the 2,000 backpacks empowering local families in San Diego to navigate the digital world safely and confidently.”
Leading the workshops will be cybersecurity professionals volunteering their time from ESET, INDUS, Booz Allen, Yahoo!, Aira, Rice University/Women in Cybersecurity (WiCyS) San Diego, NVIDIA/National University, San Diego Gas & Electric/WiCyS San Diego, ASML, and the San Diego County Credit Union.
“We are grateful for our ongoing partnership with ESET,” said Lisa Easterly, President & CEO of the San Diego Cyber Center of Excellence (CCOE). “CCOE mobilizes businesses, academia, and government in the region, and ESET’s support has been instrumental in inspiring the next generation of cyber warriors and educating local SMBs and vulnerable communities to foster a more secure digital community for all San Diegans.”
About ESET
ESET provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of known and emerging cyber threats — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud or mobile protection, its AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multi-factor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. An ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow us on LinkedIn, Facebook, and Twitter.
Source: GlobeNewswire (MIL-OSI)
Paris (France), February 27th, 2025, 17h45 CET
2024: A YEAR OF OVERACHIEVEMENTS
2025: ON TRACK TO DELIVER c.$100 MILLION NET CASH FLOW
| Q4 | FY1 | |
| Revenue2 | $339M | $ 1,117M (-1%) |
| Adjusted EBITDA3 | $157M | $455M (+14%) |
| Net Cash-Flow | $27M | $56M (+73%) |
Sophie Zurquiyah, Chief Executive Officer of Viridien, said:
“In 2024, we met our revenue and exceeded our profitability and cash generation targets driven by strong commercial successes at Geoscience, a dynamic performance at Earth Data in both our key basins and prospective regions and the continued focus on operational efficiency at Sensing & Monitoring.
In 2025, Viridien will continue strengthening its technology leadership in its core markets while further developing its New Businesses. We anticipate continued improvements thanks to Geoscience’s record high backlog, Earth Data’s solid pipeline of projects and the termination of contractual fees for vessel commitments, and Sensing & Monitoring’s progress towards their restructuring plan.
In this context, we confirm with confidence our target of c.$100 million of net cash generation and balance sheet deleveraging.”
2024 Highlights2
The Board of Directors met on February 27, 2025 and approved the consolidated financial statements ending December 31, 2024. The Statutory Auditors are in the process of issuing a report with an unqualified opinion.
About Viridien:
Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,400 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN ISIN: FR001400PVN6).
Contact:
VP Corporate Finance
Jean-Baptiste Roussille
jean-baptiste.roussille@viridiengroup.com
Q4 & FY 2024- Financial Results
| Key Segment P&L figures (In million $) |
2023 Q4 |
2024 Q4 |
Var. % |
2023 FY |
2024 FY |
Var. % |
|
| Exchange rate euro/dollar | 1,07 | 1,09 | 2% | 1,08 | 1,09 | 1% | |
| Segment revenue | 320 | 339 | 6% | 1 125 | 1 117 | (1%) | |
| DDE | 201 | 238 | 19% | 672 | 787 | 17% | |
| Geoscience | 98 | 107 | 10% | 335 | 404 | 20% | |
| Earth Data | 103 | 131 | 27% | 337 | 383 | 14% | |
| Prefunding | 62 | 49 | (20%) | 194 | 205 | 6% | |
| After-Sales & other | 41 | 82 | 99% | 143 | 178 | 25% | |
| SMO | 119 | 100 | (16%) | 453 | 330 | (27%) | |
| Land | 42 | 55 | 32% | 176 | 157 | (10%) | |
| Marine | 66 | 29 | (56%) | 230 | 117 | (49%) | |
| Beyond the core | 11 | 16 | 45% | 48 | 56 | 17% | |
| Segment EBITDA | 122 | 128 | 5% | 400 | 422 | 5% | |
| Adjusted * Segment EBITDA | 121 | 157 | 30% | 400 | 455 | 14% | |
| DDE | 117 | 150 | 28% | 367 | 458 | 25% | |
| SMO | 9 | 18 | – | 56 | 35 | (37%) | |
| Corporate and other | (5) | (11) | – | (24) | (38) | (59%) | |
| Segment operating income | 15 | 33 | – | 138 | 113 | (18%) | |
| Adjusted* Segment Opinc | 14 | 89 | – | 138 | 173 | 25% | |
| DDE | 21 | 89 | – | 140 | 206 | 47% | |
| SMO | (1) | 11 | 24 | 4 | (83%) | ||
| Corporate and other | (6) | (11) | – | (26) | (38) | (44%) | |
| *Adjusted for non-recurring charges and gains. |
| Other KPI (In million $) |
2023 Q4 |
2024 Q4 |
Var. % |
2023 FY |
2024 FY |
Var. % |
|
| Geoscience Backlog | 184 | 351 | 90% | 184 | 351 | 90% | |
| Total Capex | (42) | (81) | (92)% | (232) | (285) | (23)% | |
| Industrial capex | (8) | (4) | 51% | (44) | (17) | 61% | |
| R&D capex | (4) | (5) | (5)% | (17) | (16) | 7% | |
| Earth Data (Cash) | (29) | (72) | – | (171) | (252) | (47)% | |
| Earth Data Cash predunding rate | 210% | 68% | 113% | 81% | |||
| EDA Library net book value* | 458 | 456 | (0)% | 458 | 456 | (0)% | |
| Liquidity | 422 | 392 | 422 | 392 | |||
| o.w. undrawn RCF | 95 | 90 | 95 | 90 | |||
| Gross debt* | (1 301) | (1 223) | (1 301) | (1 223) | |||
| o.w. accrued interests | (20) | (18) | (19) | (18) | |||
| o.w. lease liabilities | (103) | (125) | (103) | (125) | |||
| Net debt* | 974 | 921 | 974 | 921 | |||
| Net debt*/Segment adjusted EBITDA | x2.4 | x2.0 | |||||
| *Post IFRS15/16 |
| Consolidated IFRS Income Statements (In million $) |
2023 Q4 |
2024 Q4 |
Var. % |
2023 FY |
2024 FY |
Var. % |
|
| Exchange rate euro/dollar | 1,07 | 1,09 | 1,08 | 1,09 | |||
| Revenue | 265 | 427 | 61% | 1 076 | 1 211 | 13% | |
| EBITDA | 68 | 216 | – | 351 | 516 | 47% | |
| Operating Income | (11) | 49 | – | 119 | 143 | 21% | |
| Equity from Investment | (3) | (1) | 47% | (2) | (0) | 77% | |
| Net cost of financial debt | (20) | (24) | (20%) | (95) | (97) | (2%) | |
| Other financial income (loss) | (2) | 5 | – | (4) | 4 | – | |
| Income taxes | 11 | 1 | (94%) | (14) | (13) | 3% | |
| Net Income / Loss from continuing operations | (25) | 29 | – | 4 | 36 | – | |
| from discontinued operations | 10 | 0 | (100%) | 12 | 15 | 20% | |
| Net income / (loss) | (15) | 29 | – | 16 | 51 | – | |
| Shareholder’s net income / (loss) | (15) | 29 | – | 13 | 50 | – | |
| Basic Earnings per share in $ | 0,00 | 0,00 | 1,81 | 6,97 | |||
| Diluted Earnings per share in € | 0 | 0,00 | 1,80 | 6,93 |
| Cash Flow items (In million $) |
2023 Q4 |
2024 Q4 |
Var. % |
2023 FY |
2024 FY |
Var. % |
|
| Segment EBITDA | 122 | 128 | 5% | 400 | 422 | 5% | |
| Income Tax Paid | 9 | (2) | – | 6 | (12) | – | |
| Change in Working Capital & Provisions | 21 | 30 | 42% | 3 | 48 | – | |
| Other Cash Items | 1 | (0) | – | 1 | (1) | – | |
| Cash provided by Operating Activity | 153 | 155 | 1% | 410 | 457 | 11% | |
| Earth Data Capex | (29) | (72) | – | (171) | (252) | (47%) | |
| Industrial Capex & Dev. Costs | (13) | (9) | 32% | (61) | (33) | 46% | |
| Acquisitions and Proceeds of Assets | 5 | 6 | 24% | 3 | 7 | – | |
| Cash from Investing Activity | (37) | (75) | – | (229) | (278) | -22% | |
| Paid Cost of Debt | (44) | (43) | 2% | (91) | (86) | 6% | |
| Lease Repayement | (19) | (12) | 36% | (57) | (56) | 2% | |
| Asset Financing | 1 | (0) | – | 22 | (1) | – | |
| Cash from Financing Activity | (63) | (56) | 11% | (126) | (142) | -13% | |
| Discontinued Operations Acquisitions | (6) | 3 | – | (23) | 19 | – | |
| Net Cash Flow | 48 | 27 | -43% | 32 | 56 | 73% | |
| Financing cash flow | (2) | (49) | (6) | (69) | |||
| Forex and other | 7 | (12) | 3 | (11) | |||
| Net increase/(decrease) in cash | 52 | (34) | 29 | (25) |
CONSOLIDATED FINANCIAL STATEMENTS – December 31st, 2024
6.1 2023-2024 Viridien consolidated financial statements
6.1.1 CONSOLIDATED STATEMENT OF OPERATIONS
| In millions of US$ | Notes | December 31 | |
| (1) 2024 | 2023 | ||
| Operating revenues | 18, 19 | 1,211.3 | 1,075.5 |
| Other income from ordinary activities | 0.1 | 0.3 | |
| Total income from ordinary activities | 1,211.4 | 1,075.8 | |
| Cost of operations | (871.2) | (817.4) | |
| Gross profit | 340.2 | 258.4 | |
| Research and development expenses – net | 20 | (17.8) | (26.1) |
| Marketing and selling expenses | (37.1) | (36.1) | |
| General and administrative expenses | (82.9) | (75.8) | |
| Other revenues (expenses) – net | 21 | (58.9) | (1.4) |
| Operating income | 19 | 143.5 | 119.0 |
| Cost of financial debt – gross | (109.4) | (103.3) | |
| Income from cash and cash equivalents | 12.3 | 8.0 | |
| Cost of financial debt – net | 22 | (97.2) | (95.3) |
| Other financial income (loss) | 23 | 3.7 | (3.8) |
| Income (loss) before income taxes and share of income (loss) from companies accounted for under the equity method | 50.1 | 19.9 | |
| Income taxes | 24 | (13.4) | (14.0) |
| Net income (loss) before share of net income (loss) from companies accounted for under the equity method | 36.6 | 5.9 | |
| Net income (loss) from companies accounted for under the equity method | 8 | (0.5) | (2.0) |
| Net income (loss) from continuing operations | 36.1 | 3.9 | |
| Net income (loss) from discontinued operations | 5 | 14.7 | 12.3 |
| Consolidated net income (loss) | 50.8 | 16.2 | |
| Attributable to: | |||
| Owners of Viridien S.A | 49.8 | 12.9 | |
| Non-controlling interests | 1.0 | 3.3 | |
| Weighted average number of shares outstanding (a) | 29 | 7,150,958 | 7,131,286 |
| Weighted average number of shares outstanding adjusted for dilutive potential ordinary shares (a) | 29 | 7,184,713 | 7,171,894 |
| Net income (loss) per share (in US$) | |||
| (1) – Base (a) | 6.97 | 1.81 | |
| (2) – Diluted (a) | 6.93 | 1.80 | |
| Net income (loss) from continuing operations per share (in US$) | |||
| (3) – Base (a) | $ | 4.91 | 0.08 |
| (4) – Diluted (a) | $ | 4.89 | 0.08 |
| Net income (loss) from discontinued operations per share (in US$) | |||
| (5) – Base (a) | $ | 2.06 | 1.72 |
| (6) – Diluted (a) | $ | 2.05 | 1.72 |
(a) As a result of the July 31, 2024 reverse share split, the calculation of basic and diluted earnings per shares for 2023 has been adjusted retrospectively. Number of ordinary shares outstanding has been adjusted to reflect the proportionate change in the number of shares.
The accompanying notes are an integral part of the consolidated financial statements.
Consolidated statement of comprehensive income (loss)
| In millions of US$ | December 31 | |
| (2) 2024 (a) | 2023 (a) | |
| Net income (loss) from consolidated statement of operations | 50.8 | 16.2 |
| Other comprehensive income to be reclassified in profit (loss) in subsequent period: | ||
| Net gain (loss) on cash flow hedges | 0.4 | 2.0 |
| Variation in translation adjustments | (23.0) | 14.2 |
| Net other comprehensive income to be reclassified in profit (loss) in subsequent period (1) | (22.7) | 16.2 |
| Other comprehensive income not to be classified in profit (loss) in subsequent period: | ||
| Net gain (loss) on actuarial changes on pension plan | 3.6 | (4.6) |
| Net other comprehensive income not to be reclassified in profit (loss) in subsequent period (2) | 3.6 | (4.6) |
| Total other comprehensive income (loss) for the period, net of taxes (1)+(2) | (19.1) | 11.6 |
| Total comprehensive income (loss) for the period | 31.8 | 27.8 |
| Attributable to: | ||
| Owners of Viridien S.A | 31.3 | 25.1 |
| Non-controlling interests | 0.5 | 2.7 |
| (a) Including other comprehensive income related to discontinued operations which is not material. | ||
The accompanying notes are an integral part of the consolidated financial statements.
6.1.2 CONSOLIDATED STATEMENT OF FINANCIAL POSITION
| In millions of US$ | Notes | (3) Dec 31, 2024 | Dec 31, 2023 |
| ASSETS | |||
| Cash and cash equivalents | 28 | 301.7 | 327.0 |
| Trade accounts and notes receivable, net | 3, 18 | 339.9 | 310.9 |
| Inventories and work-in-progress, net | 4 | 163.3 | 212.9 |
| Income tax assets | 24 | 22.9 | 30.8 |
| Other current assets, net | 4 | 74.0 | 92.1 |
| Assets held for sale, net | 5 | 24.5 | – |
| Total current assets | 926.2 | 973.7 | |
| Deferred tax assets | 24 | 43.6 | 29.9 |
| Other non-current assets, net | 16 | 8.9 | 6.8 |
| Investments and other financial assets, net | 7 | 25.7 | 22.7 |
| Investments in companies accounted for under the equity method | 8 | 1.1 | 2.2 |
| Property plant & equipment, net | 9 | 220.6 | 206.1 |
| Intangible assets, net | 10 | 535.4 | 579.7 |
| Goodwill, net | 11 | 1,082.8 | 1,095.5 |
| Total non-current assets | 1,918.1 | 1,942.9 | |
| TOTAL ASSETS | 2,844.3 | 2,916.6 | |
| LIABILITIES AND EQUITY | |||
| Financial debt – current portion | 13 | 56.9 | 58.0 |
| Trade accounts and notes payable | 3 | 120.9 | 86.4 |
| Accrued payroll costs | 84.5 | 89.1 | |
| Income taxes payable | 24 | 20.4 | 12.5 |
| Advance billings to customers | 19.2 | 24.0 | |
| Provisions – current portion | 16 | 19.7 | 8.7 |
| Other current financial liabilities | 14 | 0.5 | 21.3 |
| Other current liabilities | 12 | 182.5 | 250.3 |
| Liabilities associated with non-current assets held for sale | 5 | 2.4 | – |
| Total current liabilities | 507.0 | 550.3 | |
| Deferred tax liabilities | 24 | 18.4 | 24.3 |
| Provisions – non-current portion | 16 | 28.8 | 30.1 |
| Financial debt – non-current portion | 13 | 1,165.6 | 1,242.8 |
| Other non-current financial liabilities | 14 | – | 0.5 |
| Other non-current liabilities | 12 | 1.7 | 4.3 |
| Total non-current liabilities | 1,214.5 | 1,302.0 | |
| Common stock (a) | 15 | 8.7 | 8.7 |
| Additional paid-in capital | 118.7 | 118.7 | |
| Retained earnings | 1,036.5 | 980.4 | |
| Other Reserves | 55.2 | 27.3 | |
| Treasury shares | (20.1) | (20.1) | |
| Cumulative income and expense recognized directly in equity | (1.1) | (1.4) | |
| Cumulative translation adjustments | (113.3) | (90.8) | |
| Equity attributable to owners of Viridien S.A. | 1,084.7 | 1,022.8 | |
| Non-controlling interests | 38.1 | 41.5 | |
| Total Equity | 1,122.8 | 1,064.3 | |
| TOTAL LIABILITIES AND EQUITY | 2,844.3 | 2,916.6 | |
| (a) Common stock: 11,215,501 shares authorized and 7,165,465 shares with a nominal value of €1.00 outstanding at December 31, 2024. | |||
The accompanying notes are an integral part of the consolidated financial statements.
6.1.3 CONSOLIDATED STATEMENT OF CASH FLOWS
| In millions of US$ | Notes | December 31 | |
| (4) 2024 | 2023 | ||
| OPERATING ACTIVITIES | |||
| Consolidated net income (loss) | 1, 19 | 50.8 | 16.2 |
| Less: Net income (loss) from discontinued operations | 5 | (14.7) | (12.3) |
| Net income (loss) from continuing operations | 36.1 | 3.9 | |
| Depreciation, amortization and impairment | 1, 19, 28 | 124.7 | 91.5 |
| Impairment and amortization of Earth Data surveys | 1, 10, 28 | 261.4 | 153.1 |
| Amortization and depreciation of Earth Data surveys, capitalized | 10 | (16.6) | (15.4) |
| Variance on provisions | 14.3 | (2.6) | |
| Share-based compensation expenses | 3.4 | 2.8 | |
| Net (gain) loss on disposal of fixed and financial assets | (3.7) | (1.7) | |
| Share of (income) loss in companies recognized under equity method | 0.5 | 2.0 | |
| Other non-cash items | (0.3) | 5.2 | |
| Net cash flow including net cost of financial debt and income tax | 419.8 | 238.8 | |
| Less: Cost of financial debt | 97.2 | 95.3 | |
| Less: Income tax expense (gain) | 13.4 | 14.0 | |
| Net cash flow excluding net cost of financial debt and income tax | 530.4 | 348.1 | |
| Income tax paid – Net (a) | (12.4) | 5.5 | |
| Net cash flow before changes in working capital | 518.0 | 353.6 | |
| Changes in working capital | (61.2) | 54.7 | |
| – Change in trade accounts and notes receivable | (128.4) | 51.8 | |
| – Change in inventories and work-in-progress | 28.1 | 49.2 | |
| – Change in other current assets | 10.5 | (9.9) | |
| – Change in trade accounts and notes payable | 26.8 | (5.4) | |
| – Change in other current liabilities | 1.8 | (31.0) | |
| Net cash flow from operating activities | 456.7 | 408.3 | |
| INVESTING ACTIVITIES | |||
| Total capital expenditures (tangible and intangible assets) net of variation of fixed assets suppliers and excluding Earth Data surveys) | 9 | (32.9) | (60.9) |
| Investments in Earth Data surveys | 10 | (252.1) | (171.1) |
| Proceeds from disposals of tangible and intangible assets | 28 | 6.8 | 0.4 |
| Proceeds from divestment of activities and sale of financial assets | 28 | – | 6.2 |
| Dividends received from investments in companies under the equity method | 0.5 | – | |
| Acquisition of investments, net of cash & cash equivalents acquired | 28 | – | (1.9) |
| Variation in other non-current financial assets | 28 | (8.2) | (5.2) |
| Net cash-flow used in investing activities | (286.0) | (232.5) | |
| FINANCING ACTIVITIES | |||
| Repayment of long-term debt | 13, 28 | (59.4) | (1.8) |
| Total issuance of long-term debt | 13, 28 | 0.1 | 23.9 |
| Lease repayments | 13, 28 | (55.7) | (57.0) |
| Financial expenses paid | 13, 28 | (85.6) | (90.7) |
| Net proceeds from capital increase: | |||
| – from shareholders: | – | 0.1 | |
| – from non-controlling interests of integrated companies | – | – | |
| Dividends paid and share capital reimbursements: | – | – | |
| – Equity attributable to owners of Viridien S.A. | – | – | |
| – to non-controlling interests of integrated companies | (3.8) | (0.9) | |
| Net cash-flow from (used in) financing activities | (204.4) | (126.4) | |
| Effect of exchange rate changes on cash | (11.0) | 2.6 | |
| Net cash flows incurred by discontinued operations | 5 | 19.3 | (23.0) |
| Net increase (decrease) in cash and cash equivalents | (25.3) | 29.0 | |
| Cash and cash equivalents at beginning of year | 327.0 | 298.0 | |
| Cash and cash equivalents at end of period | 301.7 | 327.0 | |
| (a) Includes a cash inflow of US$6 million in 2024 and US$32 million in 2023 for the research tax credit in France. | |||
The accompanying notes are an integral part of the consolidated financial statements.
6.1.4 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
| In millions of US$, except for share data | Number of shares issued (a) | Share capital | Additional paid-in capital | Retained earnings | Other reserves | Treasury shares | Income and expense recognized directly in equity | Cumu-lative translation adjust-ment | Viridien S.A. – Equity attributable to owners of Viridien S.A. | Non-controlling interests | Total equity |
| Balance at January 1, 2023 | 7,123,573 | 8.7 | 118.6 | 967.9 | 50.0 | (20.1) | (3.4) | (102.4) | 1,019.3 | 39.5 | 1,058.8 |
| Net gain (loss) on actuarial changes on pension plan (1) | (4.6) | (4.6) | (4.6) | ||||||||
| Net gain (loss) on cash flow hedges (2) | 2.0 | 2.0 | 2.0 | ||||||||
| Net gain (loss) on translation adjustments (3) | 14.8 | 14.8 | (0.6) | 14.2 | |||||||
| Other comprehensive income (1)+(2)+(3) | – | – | (4.6) | – | – | 2.0 | 14.8 | 12.2 | (0.6) | 11.6 | |
| Net income (loss) (4) | 12.9 | 12.9 | 3.3 | 16.2 | |||||||
| Comprehensive income (1)+(2)+(3)+(4) | – | – | 8.3 | – | – | 2.0 | 14.8 | 25.1 | 2.7 | 27.8 | |
| Exercise of warrants | 238 | 0.1 | 0.1 | 0.1 | |||||||
| Dividends | – | (1.0) | (1.0) | ||||||||
| Cost of share based payment | 12,951 | 2.6 | 2.6 | 2.6 | |||||||
| Transfer to retained earnings of the parent company | – | – | |||||||||
| Variation in translation adjustments generated by the parent company | (22.7) | (22.7) | (22.7) | ||||||||
| Changes in consolidation scope and other | 1.6 | (3.2) | (1.6) | 0.3 | (1.3) | ||||||
| Balance at December 31, 2023 | 7,136,763 | 8.7 | 118.7 | 980.4 | 27.3 | (20.1) | (1.4) | (90.8) | 1,022.8 | 41.5 | 1,064.3 |
(a) Pro forma following Reverse Share Split (see note 2 – Significant events, acquisitions and divestitures).
| In millions of US$, except for share data | Number of shares issued (b) | Share capital | Additional paid-in capital | Retained earnings | Other reserves | Treasury shares | Income and expense recognized directly in equity | Cumu-lative translation adjust-ment | Viridien S.A. – Equity attributable to owners of Viridien S.A. | Non-controlling interests | Total equity |
| Balance at January 1, 2024 | 7,136,763 | 8.7 | 118.7 | 980.4 | 27.3 | (20.1) | (1.4) | (90.8) | 1,022.8 | 41.5 | 1,064.3 |
| Net gain (loss) on actuarial changes on pension plan (1) | 3.6 | 3.6 | 3.6 | ||||||||
| Net gain (loss) on cash flow hedges (2) | 0.4 | 0.4 | 0.4 | ||||||||
| Net gain (loss) on translation adjustments (3) | (22.5) | (22.5) | (0.6) | (23.0) | |||||||
| Other comprehensive income (1)+(2)+(3) | – | – | 3.6 | – | – | 0.4 | (22.5) | (18.5) | (0.6) | (19.1) | |
| Net income (loss) (4) | 49.8 | 49.8 | 1.0 | 50.8 | |||||||
| Comprehensive income (1)+(2)+(3)+(4) | – | – | 53.4 | – | – | 0.4 | (22.5) | 31.3 | 0.5 | 31.8 | |
| Exercise of warrants | |||||||||||
| Dividends | – | (3.8) | (3.8) | ||||||||
| Cost of share based payment | 24,703 | 2.7 | 2.7 | 2.7 | |||||||
| Transfer to retained earnings of the parent company | – | – | |||||||||
| Variation in translation adjustments generated by the parent company | 28.0 | 28.0 | 28.0 | ||||||||
| Changes in consolidation scope and other | |||||||||||
| Balance at December 31, 2024 | 7,161,465 | 8.7 | 118.7 | 1,036.5 | 55.2 | (20.1) | (1.1) | (113.3) | 1,084.7 | 38.1 | 1,122.8 |
(b) Reverse Share Split: Pursuant to a delegation from the Combined General Meeting of shareholders of May 15, 2024, and a sub-delegation from the Board of Directors held on the same day, a reversed share split has been implemented, on July 31, 2024, on the basis of 1 new share of €1.00 nominal value for 100 old shares of €0.01 nominal value.
The accompanying notes are an integral part of the consolidated financial statements.
1All variations refer to the same period last year
2Unless otherwise stated, all figures and comments are referring to “Segment” (i.e. pre-IFRS 15), as defined in the 2023 and 2024 Universal Registration Documents’ glossaries, under section 8.7
3Adjusted for non-recurring items
Attachment
Source: GlobeNewswire (MIL-OSI)
Press contact:
Florence Lièvre
Tel.: +33 1 47 54 50 71
Email: florence.lievre@capgemini.com
A dual challenge for the battery industry: ramping up production while innovating game-changing chemistries for the future
Paris, February 27, 2025 – The Capgemini Research Institute’s report ‘The battery revolution: Shaping tomorrow’s mobility and energy’, published today, shows that batteries are transforming existing industries and enabling the emergence of new business models. However, despite the surging demand for Electric Vehicles (EVs) and energy-storage solutions, the future of batteries depends on overcoming a series of complex challenges across the entire value chain, from securing sustainable raw materials and optimizing manufacturing processes to advancing recycling capabilities.
According to the new report, the battery industry is reaching an inflection point, driven on the one hand by the need for higher energy density, faster charging times, improved safety, greater sustainability, and, on the other, the need for manufacturers to reduce costs.
While batteries are playing a critical role in decarbonizing carbon-intensive mobility and driving the renewable energy transition1, the industry is facing series of challenges that have wide ranging implications for scaling production, gigafactory industrialization and ramp-up, economic viability, and supply chain constraints.
Battery technology is constantly evolving to improve performance and reduce costs
While almost all (98%) battery manufacturers surveyed produce lithium-ion batteries (using liquid electrolyte), the industry is actively exploring alternative chemistries to support electric mobility and accelerate energy storage. Amongst them, solid-state batteries (using solid electrolyte), represent a major shift in battery technology, primarily for EVs. They answer the need for improved performance owing to their potentially higher energy densities, faster charging times, and improved safety compared with traditional lithium-ion batteries.
“Innovation is driving a sustainable and competitive battery industry, with advancements in technologies and alternative chemistries improving performance and longevity. At this transformative time, while European and North American manufacturers are navigating production ramp-ups and exploring next generation of batteries, a solid and scalable digital foundation will be crucial for the industry’s future,” said Pierre Bagnon, Global Head of Intelligent Industry Accelerator at Capgemini. “Data and digital technologies can enhance the entire battery value chain, optimizing lifecycle management from quality control to waste management and recycling. Equally, collaboration within an innovation ecosystem that brings together all players and regulators is vital to continue the industry’s journey towards a battery-driven sustainable future.”
Advances will enable new business models but not without challenges
According to the survey, batteries are enabling new business models in the mobility industry to make EVs accessible to a broader range of consumers: a majority (around 64%) of mobility players are exploring battery swapping; nearly two-thirds of automotive organizations are considering battery-leasing and over half Battery-as-a-Service (BaaS) model that allows EV owners to lease or rent their batteries, rather than buy them. However, the success of these business models depends heavily on the implementation of standards, battery performance notably regarding longevity, adequate infrastructure, and economies of scale.
In the energy and utilities sector, two in five organizations say they are integrating batteries with renewable energy systems to optimize energy storage and usage, with most of them (69%) currently offering or planning to offer BaaS solutions. However, key challenges remain; while a battery is considered an expensive asset, the electricity it stores is relatively cheap. Furthermore, most organizations emphasize the lack of robust grid infrastructure and advanced control systems (65%); the need for multiple battery types to facilitate both short-term and long-term storage solutions (61%) and for open performance standards to ensure reliability and transparency (59%).
Beyond the automotive and energy sectors, multiple industries are rapidly integrating batteries into their operations: three in five of the organizations surveyed stated that battery innovation will impact fleet operators and heavy transportation in the next 5-10 years. Disruptions are also expected in aviation and shipping. Innovations in these industries include battery-powered eVTOLs (Electric Vertical Take-off and Landing), heavy-duty vehicles, and electric ships on short sea routes.
Overcoming production ramp-up challenges with scalable digital foundations
The battery industry is facing a number of complex and pressing challenges. Over half of battery manufacturers cite time required to build and ramp up gigafactories and difficulties in securing a stable supply chain for battery components and materials (respectively 59% and 53%). Uncertainty, around economic viability and profitability, appears as a key concern to scaling production.
The scarcity of experienced talent also represents a significant challenge for the battery industry, with 60% of organizations facing skills shortages in both battery technology and manufacturing. Expertise gaps extend beyond specialized skills and encompass data scientists and manufacturing engineers who can analyze and correlate production data with battery performance, enabling process optimization and defect reduction.
While batteries are key to decarbonizing carbon-intensive mobility and driving the renewable energy transition, only one in three battery manufacturers surveyed have taken meaningful steps toward establishing a sustainable circular economy.
A majority (67%) of respondents acknowledge that data and digital technologies are crucial to the industry’s future. However, digitalization among battery manufacturers is currently low, at just 17% and data usage remains minimal in sustainability-related fields. In Europe, a Digital ‘battery passport’2, setting high environmental standards for battery production and recycling, will enable suppliers and OEMs to make informed decisions by considering the complete lifecycle of battery manufacturing.
To read the full report: LINK
Report Methodology
The Capgemini Research Institute surveyed 750 senior executives from large battery, automotive, and energy and utilities organizations across 15 countries in North America, Europe, and APAC. The survey findings are complemented by in-depth discussions with 22 experts from battery, automotive, and energy and utilities sectors. The organizations surveyed are significant players in their respective segments, including battery manufacturers with annual revenue exceeding $50 million; energy and utilities firms with revenues over $1 billion (except those from Sweden and Norway, whose revenue exceeds $500 million); and automotive manufacturers with revenue above $1 billion (excluding two- and three- wheeler original equipment manufacturers [OEMs] with revenue over $300 million). The global survey was conducted in September-October 2024.
About Capgemini
Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
Get The Future You Want | www.capgemini.com
About the Capgemini Research Institute
The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first.
Visit us at https://www.capgemini.com/researchinstitute/
1 According to IEA, batteries account for 90% of the Net Zero Emissions by 2050 Scenario (NZE Scenario), with 60% of CO2 emissions reductions to be made in the energy sector by 2030 associated with batteries – Source: IEA, “Batteries and secure energy transitions,” April 2024.
2 From February 2027, EVs sold within the EU must be equipped with ‘battery passports’ that provide detailed information on battery composition, including sources of key materials, carbon footprint, and recycled content.
Attachments
Source: GlobeNewswire (MIL-OSI)
This Announcement relates to the following Exchange Traded Products entered the Official List of the FCA and admitted to the London Stock Exchange:
ETP: 21Shares Bitcoin ETP
ISIN: CH0454664001
TIDM: ABTC / BTCU
ETP: 21Shares Ethereum Staking ETP
ISIN: CH0454664027
TIDM: AETH / ETHU
ETP: 21Shares Bitcoin Core ETP
ISIN: CH1199067674
TIDM: CBTC / CBTU
ETP: 21Shares Ethereum Core Staking ETP
ISIN: CH1209763130
TIDM: ETHC/ CETU
(hereinafter referred to as the “Products” and each a “Product”)
Name, registered office and address of the Company: 21Shares AG is a stock corporation under the laws of Switzerland. It has its registered office and address at Pelikanstrasse 37, 8001 Zurich.
With respect to each Product, during the period between 24 May 2024 and the dates specified in the table below for each Product (see column “Dates” in the table below), the following total number of outstanding Products presented in the table below have been recorded in the Official List of the FCA and admitted to trading on the London Stock Exchange. Those total numbers of Products that were incorrectly filed and listed into the Official list of the FCA by the Company are set out in column “Incorrectly Disclosed/Filed Total Numbers” in the table below.
Further to the Company’s previous announcement dated 25 February 2025, in order to correct the incorrectly disclosed/filed total number of outstanding Products listed into the Official list of the FCA, the Company has submitted a formal amendment request to the FCA to rectify them and specify the correct number of such total number of outstanding Products, as recorded in the Official List of the FCA and admitted to trading on the London Stock Exchange (see column “Actual/Corrected Total Numbers” in the table below).
The Company hereby informs the public of the revised total number of outstanding number of its Products (and the corresponding number of tranches of each such Product) listed into the Official list of the FCA and admitted to trading on the London Stock Exchange as of the dates specified below:
| ISIN | Products | Dates | Incorrectly Disclosed/Filed Total Numbers | Actual/Corrected Total Numbers | Actual number of tranches of Products that are listed into the Official list of the FCA and admitted to trading on the London Stock Exchange |
| CH0454664001 | 21Shares Bitcoin ETP | 28.05.2024 – 15.01.2025 | 1’165’472’500 | 26’152’500 | 39 |
| CH0454664027 | 21Shares Ethereum Staking ETP | 28.05.2024 – 14.01.2025 | 491’947’500 | 12’325’000 | 37 |
| CH1199067674 | 21Shares Bitcoin Core ETP | 28.05.2024 – 15.01.2025 | 361’110’000 | 13’155’000 | 40 |
| CH1209763130 | 21Shares Ethereum Core Staking ETP | 28.05.2024 – 09.12.2024 | 38’820’000 | 2’510’000 | 20 |
Contact Details:
21Shares AG, attn. Mr. Eric Baumgartner, Pelikanstrasse 37, 8001 Zurich, Switzerland, email: legal@21.co
Further Information:
For further information, please refer to the Programme and UK Base Prospectus dated May 22, 2024, and the respective Final Terms. This Announcement neither constitutes a prospectus nor advertisement within the meaning of the Swiss Financial Services Act. Copies of the prospectus and any supplements thereto, if any, as well as copies of all transaction documents are available free of charge at 21Shares AG, Zurich (email: etp@21shares.com).
* * *
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG.
This document and the information contained herein is not for publication or distribution into the United States of America and should not be distributed or otherwise transmitted into the United States or to U.S. persons (as defined in the U.S. Securities Act of 1933, as amended (the “Securities Act) or publications with a general circulation in the United States. This document does not constitute an offer or invitation to subscribe for or to purchase any securities in the United States of America. The securities referred to herein have not been and will not be registered under the Securities Act or the laws of any state and may not be offered or sold in the United States of America absent registration or an exemption from registration under Securities Act. There will be no public offering of the securities in the United States of America.
The products are exchange traded products, which do not qualify as units of a collective investment scheme according to the relevant provisions of the Swiss Federal Act on Collective Investment Schemes (CISA), as amended, and are not licensed thereunder. Therefore, the products are neither governed by the CISA nor supervised or approved by the Swiss Financial Market Supervisory Authority FINMA (FINMA). Accordingly, Investors do not have the benefit of the specific investor protection provided under the CIS
Source: GlobeNewswire (MIL-OSI)
Stockholm, February 27, 2025 – Virtune announces that as of March 3, 2025, the ETP Calculation Agent for Virtune’s ETPs will change to ETFBook. The ETP Calculation Agent is responsible for calculating and distributing PCFs (Portfolio Composition Files) to counterparties as a third party in relation to Virtune.
Notification of Service Provider Change within Virtune’s ETP Program
Virtune announces a change of ETP Calculation Agent to ETFBook for all Virtune’s ETPs, which will be reflected in the updated final terms, available as of March 3, 2025. This change aims to optimize and streamline the process of PCF calculations and their further distribution.
Please note that this change does not affect investors or the trading of Virtune’s ETPs, and no action is required from investors.
Change:
This change applies to all Virtune’s ETPs, which include the following:
Press contact
Christopher Kock, VD Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64
Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.
Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.
Attachment
Source: GlobeNewswire (MIL-OSI)
LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) — Lloyds Bank plc announces that on 27 February 2025 it filed its Annual Report on Form 20-F for the year ended 31 December 2024 with the Securities and Exchange Commission.
A copy of the Form 20-F is available through the ‘Investors’ section of our website at www.lloydsbankinggroup.com and also online at www.sec.gov
Shareholders can receive hard copies of the complete audited financial statements free of charge upon request. Printed copies of the 2024 Lloyds Bank plc Annual Report on Form 20-F can be requested from Investor Relations by email to investor.relations@lloydsbanking.com
-END-
| For further information: | |
| Investor Relations | |
| Douglas Radcliffe | +44 (0)20 7356 1571 |
| Group Investor Relations Director | |
| douglas.radcliffe@lloydsbanking.com | |
| Corporate Affairs | |
| Matt Smith | +44 (0)20 7356 3522 |
| Head of Media Relations | |
| matt.smith@lloydsbanking.com | |
FORWARD LOOKING STATEMENTS
This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and section 27A of the US Securities Act of 1933, as amended, with respect to the business, strategy, plans and/or results of Lloyds Bank plc together with its subsidiaries (the Lloyds Bank Group) and its current goals and expectations. Statements that are not historical or current facts, including statements about the Lloyds Bank Group’s or its directors’ and/or management’s beliefs and expectations, are forward looking statements. Words such as, without limitation, ‘believes’, ‘achieves’, ‘anticipates’, ‘estimates’, ‘expects’, ‘targets’, ‘should’, ‘intends’, ‘aims’, ‘projects’, ‘plans’, ‘potential’, ‘will’, ‘would’, ‘could’, ‘considered’, ‘likely’, ‘may’, ‘seek’, ‘estimate’, ‘probability’, ‘goal’, ‘objective’, ‘deliver’, ‘endeavour’, ‘prospects’, ‘optimistic’ and similar expressions or variations on these expressions are intended to identify forward-looking statements. These statements concern or may affect future matters, including but not limited to: projections or expectations of the Lloyds Bank Group’s future financial position, including profit attributable to shareholders, provisions, economic profit, dividends, capital structure, portfolios, net interest margin, capital ratios, liquidity, risk-weighted assets (RWAs), expenditures or any other financial items or ratios; litigation, regulatory and governmental investigations; the Lloyds Bank Group’s future financial performance; the level and extent of future impairments and write-downs; the Lloyds Bank Group’s ESG targets and/or commitments; statements of plans, objectives or goals of the Lloyds Bank Group or its management and other statements that are not historical fact and statements of assumptions underlying such statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon circumstances that will or may occur in the future. Factors that could cause actual business, strategy, targets, plans and/or results (including but not limited to the payment of dividends) to differ materially from forward-looking statements include, but are not limited to: general economic and business conditions in the UK and internationally (including in relation to tariffs); acts of hostility or terrorism and responses to those acts, or other such events; geopolitical unpredictability; the war between Russia and Ukraine; the conflicts in the Middle East; the tensions between China and Taiwan; political instability including as a result of any UK general election; market related risks, trends and developments; changes in client and consumer behaviour and demand; exposure to counterparty risk; the ability to access sufficient sources of capital, liquidity and funding when required; changes to the Lloyds Bank Group’s or Lloyds Banking Group plc’s credit ratings; fluctuations in interest rates, inflation, exchange rates, stock markets and currencies; volatility in credit markets; volatility in the price of the Lloyds Bank Group’s securities; natural pandemic and other disasters; risks concerning borrower and counterparty credit quality; risks affecting defined benefit pension schemes; changes in laws, regulations, practices and accounting standards or taxation; changes to regulatory capital or liquidity requirements and similar contingencies; the policies and actions of governmental or regulatory authorities or courts together with any resulting impact on the future structure of the Lloyds Bank Group; risks associated with the Lloyds Bank Group’s compliance with a wide range of laws and regulations; assessment related to resolution planning requirements; risks related to regulatory actions which may be taken in the event of a bank or Lloyds Bank Group or Lloyds Banking Group failure; exposure to legal, regulatory or competition proceedings, investigations or complaints; failure to comply with anti-money laundering, counter terrorist financing, anti-bribery and sanctions regulations; failure to prevent or detect any illegal or improper activities; operational risks including risks as a result of the failure of third party suppliers; conduct risk; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; technological failure; inadequate or failed internal or external processes or systems; risks relating to ESG matters, such as climate change (and achieving climate change ambitions) and decarbonisation, including the Lloyds Bank Group’s or the Lloyds Banking Group’s ability along with the government and other stakeholders to measure, manage and mitigate the impacts of climate change effectively, and human rights issues; the impact of competitive conditions; failure to attract, retain and develop high calibre talent; the ability to achieve strategic objectives; the ability to derive cost savings and other benefits including, but without limitation, as a result of any acquisitions, disposals and other strategic transactions; inability to capture accurately the expected value from acquisitions; and assumptions and estimates that form the basis of the Lloyds Bank Group’s financial statements. A number of these influences and factors are beyond the Lloyds Bank Group’s control. Please refer to the latest Annual Report on Form 20-F filed by Lloyds Bank plc with the US Securities and Exchange Commission (the SEC), which is available on the SEC’s website at www.sec.gov, for a discussion of certain factors and risks. Lloyds Bank plc may also make or disclose written and/or oral forward-looking statements in other written materials and in oral statements made by the directors, officers or employees of Lloyds Bank plc to third parties, including financial analysts. Except as required by any applicable law or regulation, the forward-looking statements contained in this document are made as of today’s date, and the Lloyds Bank Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this document whether as a result of new information, future events or otherwise. The information, statements and opinions contained in this document do not constitute a public offer under any applicable law or an offer to sell any securities or financial instruments or any advice or recommendation with respect to such securities or financial instruments.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Source: GlobeNewswire (MIL-OSI)
ProVen VCT plc
Transaction in own shares
27 February 2025
ProVen VCT plc announces that, on 27 February 2025, it purchased the following shares for cancellation:
| No. purchased |
Price paid per share |
% of class in issue |
|
| Ordinary shares of 10p each | 3,390,555 | 59.38p | 1.25% |
Beringea LLP
Company Secretary
Telephone: 020 7845 7820
-End
Source: GlobeNewswire (MIL-OSI)
San Francisco, Feb. 27, 2025 (GLOBE NEWSWIRE) — LambdaTest, a leading cloud-based unified testing platform is advancing mobile accessibility testing with its latest addition—VoiceOver testing on real iOS devices. By enabling developers and QA teams to evaluate app accessibility in real-world conditions, this feature ensures apps meet the highest inclusivity standards.
Unlike simulators, real device testing replicates genuine user experiences, accounting for network variability, hardware performance, and actual screen sizes. This approach uncovers subtle accessibility issues that only surface in real environments, such as device-specific gestures and hardware interactions. With real-time VoiceOver narrations, teams can identify and fix problems like missing labels, incorrect focus order, and ambiguous UI descriptions—enhancing the user experience for visually impaired individuals.
Seamless activation of VoiceOver within LambdaTest’s real device cloud allows for quick compliance checks with WCAG guidelines. Teams can efficiently track issues through session recordings, screenshots, and annotations, streamlining collaboration and remediation efforts.
“Accessibility isn’t an afterthought—it’s a necessity. True accessibility comes from understanding how real users interact with technology in their everyday lives. By testing on real devices, we ensure that digital experiences are not just compliant, but truly usable and inclusive for everyone,” said Mayank Bhola, Co-founder and Head of Product at LambdaTest.
Recent studies indicate an increasing reliance on mobile apps among screen reader users, reinforcing the need for accessible digital experiences. By integrating VoiceOver testing into their workflows, developers can address usability barriers before release, fostering an inclusive and frictionless app experience.
With this expansion to its accessibility toolkit, LambdaTest continues to empower teams to build functional, high-performance, and equitable applications, ensuring no user is left behind. For more information please visit: https://www.lambdatest.com/real-device-cloud
About LambdaTest
LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.
For more information, please visit, https://lambdatest.com
Source: GlobeNewswire (MIL-OSI)
LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) — After success in centralized exchange (CEX) trading, Mizar, the automated trading platform backed by Nexo, KuCoin, and other notable traders, is expanding its focus to decentralized exchanges (DEX), bringing advanced trading tools on-chain.
Since launching its DEX trading products in 2024, Mizar has seen strong results, particularly on Base and BNB Chain, where traders in the Mizar Alpha Program report millions in net profits within months. With Solana integration on the horizon, the community is anticipating even more opportunities.
Mizar aims to replicate the seamless, feature-rich experience of CEX trading on DEXs. “Our goal is to enhance the on-chain trading experience—delivering the same ease and efficiency as Binance, but on decentralized platforms like Raydium” said Francesco Ciuci, CEO of Mizar.
The platform already offers an intuitive, high-performance trading terminal that simplifies meme-coin and token trading. Users can trade directly from the Mizar app or via the Mizar Telegram bot, which features a fast, user-friendly mini-app interface.
Beyond execution, Mizar is looking to revolutionize on-chain trading through AI and automation. “There’s so much untapped data on-chain that the potential for AI and automation is enormous. In a few years, I believe most on-chain crypto trading will be managed by bots and AI agents” said Ciuci. “We envision Mizar as an AI-powered platform that can either handle everything for users or recommend optimal strategies using advanced AI models.”
This vision is already evident in Mizar’s current offerings. The platform provides free AI-powered analytics, helping traders discover new tokens, identify smart wallets, and spot potential scam tokens. Its advanced trading bots take automation further, allowing users to capitalize on market volatility, copy-trade others wallets, and execute trades directly from Telegram chats.
With cutting-edge technology, AI-driven tools, and a strong community, Mizar is positioning itself as a key player in on-chain trading. As the platform continues to expand and refine its offerings, traders can expect a constantly evolving suite of smart tools designed to optimize success in the decentralized market.
About Mizar
Mizar is a next-generation trading platform that empowers users with advanced automation tools and AI, for seamless trading across both CEX and DEX markets. With a commitment to innovation and user success, Mizar is redefining the landscape of crypto trading for the modern investor.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae946eca-f6e8-4aed-bbdd-31ea59201250
Source: GlobeNewswire (MIL-OSI)
MCLEAN, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) — Kajeet®, a leader in IoT and private wireless connectivity solutions, today announced its selection as a Cisco Select Partner, joining forces to deliver a high-performance Private 5G Managed Service with Cisco’s Private 5G management platform to efficiently manage the private 5G network and Kajeet’s neutral host networks designed to solve in-building connectivity challenges for hospitals and healthcare systems. As a Select Partner in Cisco’s channel ecosystem, Kajeet is recognized for its specialized expertise in deploying secure, scalable, and intelligent networking solutions. The collaboration will be highlighted March 3-6 at HIMSS25 in Las Vegas, where Kajeet and Cisco will demonstrate hospital campus use cases and present Kajeet’s Healthcare oriented 5G solutions.
Addressing the Biggest Connectivity Gaps in Healthcare
Hospital CIOs face ongoing challenges with inconsistent cellular coverage, network security, and seamless access to critical applications. Traditional Wi-Fi and public cellular networks often fail to provide reliable, hospital-wide connectivity for medical staff, IoT devices, and guest access. The Kajeet Healthcare 5G solution offered with Cisco’s Private 5G solution for management of private networks bridges these gaps with:
“Kajeet’s partnership with Cisco marks a significant step forward in bringing secure, hospital-wide private 5G to the healthcare industry,” said Ben Weintraub, CEO of Kajeet. “This isn’t just about connectivity—it’s about ensuring that doctors have instant access to records, patients experience uninterrupted care, and hospital IT leaders gain full control over their networks.”
Live Demos at HIMSS25: Healthcare 5G in Action
Cisco and Kajeet will demonstrate Healthcare 5G solution various use cases live at Cisco Booth #1227 at The Venetian during HIMSS25, highlighting how hospitals can eliminate coverage gaps, strengthen network security, and enhance the patient experience. The demo will highlight:
“Cisco and Kajeet are leveraging our combined strengths to bring consistent, high-performing mobile connectivity and private network management capabilities to the healthcare market,” said Masum Mir, SVP and General Manager, Provider Mobility, Cisco. “Our Cisco Mobility Services Platform enables a wide range of enterprise use cases including Private 5G, and together with Kajeet, we can deliver secure and more reliable mobile connectivity, improved experiences, and ultimately provide a better patient outcomes for healthcare providers.”
To see a live demonstration at HIMSS, stop by the Cisco-Kajeet booth to speak with Cisco representatives and Kajeet healthcare leaders or book an appointment here- Cisco-and-Kajeet-at-HIMSS25
Kajeet Connected Health Portfolio
Healthcare 5G is one of several solutions under the Kajeet Connected Health umbrella, which also includes:
Telehealth and Remote Patient Monitoring (RPM): Secure, high-speed connectivity for virtual care and at-home patient monitoring.
Life Sciences and Clinical Trials: Reliable private networks for real-time data collection and research collaboration.
About Kajeet
Kajeet is a leading provider of private wireless solutions, offering secure, flexible, and fully managed private 5G networks for hospitals, schools, municipalities, and enterprises. The company’s carrier-agnostic approach, advanced Sentinel® platform, and expert deployment teams help organizations deploy reliable connectivity solutions tailored to their needs. To learn more, visit www.kajeet.com.
For media and analyst inquiries, please contact:
Linda Jennings, Director of Corporate Communications, Kajeet
248-521-3606
Source: GlobeNewswire (MIL-OSI)
FORM 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: | CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients) |
| (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. |
N/A |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
LEARNING TECHNOLOGIES GROUP PLC |
| (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
| (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure |
26 FEBRUARY 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” |
N/A |
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: | 0.375p ORDINARY | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | 9,004,993 | 1.1363 | ||
| (2) Cash-settled derivatives: | ||||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
| TOTAL: | 9,004,993 | 1.1363 | ||
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 |
| 0.375p ORDINARY | SALE | 7,275 | 99.2p |
| 0.375p ORDINARY | PURCHASE | 4,100 | 99.275p |
(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 |
| NONE |
(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 |
| NONE |
(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) |
| NONE |
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: | 27 FEBRUARY 2025 |
| Contact name: | MARK ELLIOTT |
| Telephone number: | 01253 376539 |
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 www.thetakeoverpanel.org.uk.
Source: GlobeNewswire (MIL-OSI)
FORM 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: | CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients) |
| (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. |
N/A |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
ALLIANCE PHARMA PLC |
| (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
| (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure |
26 FEBRUARY 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” |
N/A |
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 | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | 12,156,221 | 2.2488 | ||
| (2) Cash-settled derivatives: | ||||
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
| TOTAL: | 12,156,221 | 2.2488 | ||
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 | SALE | 18,490 | 61p |
(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 |
| NONE |
(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 |
| NONE |
(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) |
| NONE |
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: | 27 FEBRUARY 2025 |
| Contact name: | MARK ELLIOTT |
| Telephone number: | 01253 376539 |
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 www.thetakeoverpanel.org.uk.
Source: GlobeNewswire (MIL-OSI)
REDMOND, Wash., Feb. 27, 2025 (GLOBE NEWSWIRE) — Titan America, based in Norfolk, Virginia, has announced it will install cloud-based concrete dispatch from BCMI Corp., a software developer for the bulk construction materials industry based in Redmond, Washington.
Titan America, a leading building materials supplier in key urban markets spanning the U.S. East Coast, from New York to Miami, will add BCMI Dispatch to its existing suite of BCMI products, in all its U.S. operations including Titan Virginia Ready Mix, Powhatan Ready Mix, S&W Ready Mix and Titan Florida.
The cement and concrete producer is poised to support strong construction trends in infrastructure, residential and urban development, in part through its commitment to technology that boosts operational efficiency, performance and customer satisfaction.
“We are proud to partner with BCMI’s dispatch system to streamline order placement and the dispatching process,” Titan America Vice President of Logistics and Supply Chain Rod Cintra says. “To provide exceptional service, it’s critical that our dispatch team has real-time information to optimize delivery options, while enabling faster and better decisions.”
By adopting BCMI’s cloud-based dispatch, analytics and mobile app for customers, Titan America is leveraging best-in-class technology that will improve data flow. BCMI will integrate with other critical systems such as SAP to share business-critical information across the organization.
Titan America is a long-time advisor and contributor to the growth of BCMI’s software for ready mix, aggregates and cement producers.
“Titan was BCMI’s first supporter and customer back in 2013,” BCMI Co-founder and CEO Craig Yeack, says. “This milestone is the result of years of product refinement, support and relationship building. We are honored to support Titan America in its current operations and in its future growth.”
About Titan America
Titan America LLC and its family of companies are leading heavy building materials producers in the eastern United States. Titan America is headquartered in Norfolk, Virginia, and its subsidiary companies produce cement, aggregates, ready mixed concrete, concrete block and beneficiated fly ash. Titan America is a member of TITAN Cement Group, an international cement and building materials producer. For more information, visit www.titanamerica.com.
About BCMI
BCMI Corp.’s mobile software empowers bulk construction material producers to improve business processes. BCMI’s performance analytics, interactive communication tools and AI-assisted dispatch keep materials producers and contractors aligned with real-time business solutions. For more on our cloud-based BCMI Dispatch, Material Pro and Material Now apps, visit www.bcmicorp.com.
Media Contact
Jennifer Jensen, BCMI Media and PR Specialist: Jennifer.jensen@bcmicorp.com
Source: GlobeNewswire (MIL-OSI)
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) — Blockgraph, the privacy-first data collaboration platform designed to fuel the future of connected TV advertising, today announced the successful integration of its identity and data collaboration platform with VideoAmp, a leader in cross-platform media measurement and optimization. The integration provides a streamlined, high-fidelity approach that allows VideoAmp and their clients to leverage first and third party data to enable more accurate planning and measurement, and ultimately, drive better business outcomes.
VideoAmp’s integration is one of the largest and most advanced measurement implementations of Blockgraph’s Identity Platform to date and strengthens VideoAmp’s measurement offerings, enabling seamless, privacy-compliant identity resolution with media publishers, agencies, advertisers and partners. Blockgraph will also now be a foundational component of VALID™, which powers all of VideoAmp’s industry-leading Big Data and technology solutions. With the integration, VideoAmp’s clients will be able to utilize the recently launched Blockgraph OnDemand offering so advertisers of all sizes can use their first party data in VideoAmp solutions in a privacy centric manner.
“The combination of VideoAmp’s cross-platform measurement expertise and Blockgraph’s household identity and data collaboration platform will deliver more comprehensive and powerful planning and measurement solutions for advertisers and publishers,” said Jason Manningham, CEO of Blockgraph. “This new integration reflects our commitment to enabling solutions that allow all parties to more easily, quickly and accurately move data in a privacy compliant manner.”
Key benefits of the integration include:
“VideoAmp’s new integration with Blockgraph and Blockgraph OnDemand will enable our customers and partners to more easily and effectively leverage their first-party data for both planning and measurement of their target audiences,” said Randy Laughlin, SVP Business Development at VideoAmp. “As a result, they can quickly assess what is working and optimize cross platform campaigns to maximize reach, ROI, and business outcomes.”
Blockgraph’s relationship with VideoAmp ultimately allows publishers and advertisers to extract more insights from their multiscreen measurement, delivering a more transparent and unified view of audiences across connected TV, digital, and linear environments and unlocking data-driven insights that inform smarter media investment.
About Blockgraph
Blockgraph is a leading privacy-centric identity and data collaboration platform designed to fuel the future of connected TV advertising. The world’s leading media, technology, and information services companies collaborate with trusted partners using Blockgraph’s privacy-focused platform to create and implement identity-based targeting and measurement solutions for multiscreen advertising. Blockgraph is owned by Charter Communications Inc., Comcast NBCUniversal, and Paramount. For more information, please visit Blockgraph a www.blockgraph.co.
About VideoAmp
VideoAmp is a media measurement company transforming advertising. By leveraging the power of currency-grade, big data, VideoAmp’s solutions allow clients to access advanced audiences and real-time insights to plan, optimize and measure media investments across platforms. With these solutions, media sellers can maximize the value of their inventory, while advertisers can benefit from increased return on investment. VideoAmp has seen incredible adoption for its measurement and currency solutions with 13 major linear and streaming publishers on board, along with all major media holding companies and several independent agencies, with hundreds of advertisers now utilizing VideoAmp to guarantee their media investments. VideoAmp is headquartered in Los Angeles and New York with offices across the United States. To learn more, visit www.videoamp.com.
Contact:
Alexandra Levy
650-996-5758
alex@siliconalley-media.com
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) — With Bitcoin’s price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such conditions. As a result, 100x leverage futures trading has become the preferred tool for seasoned investors looking to maximize potential gains in this volatile market. BexBack Exchange is ramping up its efforts to offer traders unmatched promotional packages. The platform now features a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading, providing exceptional opportunities for investors.
What Is 100x Leverage and How Does It Work?
Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:
Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.
One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.
With BexBack’s deposit bonus
BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.
Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.
How Does the 100% Deposit Bonus Work?
The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.
About BexBack?
BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP, and 50 other major cryptocurrencies for futures contracts.. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.
Why recommend BexBack?
No KYC Required: Start trading immediately without complex identity verification.
100% Deposit Bonus: Double your funds, double your profits.
High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.
Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.
Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.
Convenient Operation: No slippage, no spread, and fast, precise trade execution.
Global User Support: Enjoy 24/7 customer service, no matter where you are.
Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.
Take Action Now—Don’t Miss Another Opportunity!
If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.
Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!
Website: www.bexback.com
Contact: business@bexback.com
Contact:
Amanda
business@bexback.com
Disclaimer: This content is provided by BexBack.The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
Photo accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2ddb1a66-1ec1-4636-b4f5-f40d903ddf8b
https://www.globenewswire.com/NewsRoom/AttachmentNg/517f2c2a-7f4c-46fc-8934-641773b8be44
https://www.globenewswire.com/NewsRoom/AttachmentNg/c8e31b58-96c3-4f4c-be5a-453578cabc6f
https://www.globenewswire.com/NewsRoom/AttachmentNg/5adafee9-e7c7-4651-a732-2e9becab267d
Source: GlobeNewswire (MIL-OSI)
TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) — ASUS today announced that the new Zenbook DUO (UX8406CA) and Zenbook 14 (UX3405CA), are now available in Canada. These new additions join the recently launched Zenbook A14, the lightest 14-inch Copilot+ PC on the market, further expanding ASUS’s lineup of AI-powered Zenbook laptops.
The ASUS Zenbook DUO is now available at the ASUS Store, Best Buy, Amazon, and Canada Computers, with Costco joining later this year. The ASUS Zenbook 14 is available at the ASUS Store, Amazon and Shi, with Canada Computers, Costco, and Staples set to carry it later this year.
Designed for power, portability, and next-level AI capabilities, the latest Zenbook models feature extended battery life, premium designs, and a customizable Copilot key, delivering an effortless blend of speed, creativity, and productivity. With cutting-edge AI tools at their core, these laptops streamline tasks, enhance security, and supercharge performance for work and play.
Next-Gen AI Power with Intel Core Ultra (Series 2) Processors
At the heart of these two new 2025 ASUS Zenbook laptops are the new Intel® Core™ Ultra processor (Series 2), featuring integrated AI acceleration, next-gen Intel Arc™ graphics, and an upgraded core architecture. Built for the AI era, this powerhouse processor boosts gaming, content creation, and multitasking to new heights, delivering exceptional speed and efficiency in a slim and stylish package.
ASUS Zenbook DUO (UX8406CA)
The revolutionary dual-screen Zenbook DUO (2025) features twin 14-inch 16:10 OLED HDR NanoEdge touchscreens with up to 3K 120Hz resolution, seamlessly blending AI-powered performance with versatile multi-mode functionality — Dual Screen, Desktop, Laptop, and Screen Sharing — and superb mobility. Measuring just 14.6mm (0.57″) at its thinnest and weighing only 1.35 kg (2.98 lbs)1, it’s powered by up to the latest Intel Core Ultra 9 Processor 285H with integrated NPU, unlocking enhanced AI capabilities. It also features a large-capacity 75Wh battery and includes a comprehensive array of I/O ports. The easy-to-use Zenbook DUO maximizes productivity, with zero fuss.
ASUS Zenbook 14 (UX3405CA)
Zenbook 14 (UX3405CA) takes sophistication to a whole new level, with an environmentally-conscious thin-and-light design. It amplifies AI efficiency with its Intel Core Ultra 9 Processor 285H and Intel Arc graphics, and offers an immersive experience with its vivid 14-inch 16:10 ASUS Lumina OLED touchscreen and powerful super-linear speakers.
Later this year, an AMD-powered variant, the Zenbook 14 (UM3406KA), will join the lineup, featuring the new AI-enabled AMD Ryzen AI 7 350 processor with a 50 TOPS NPU for accelerated AI performance.
AVAILABILITY & PRICING
The Zenbook DUO and Zenbook 14 are now available in Canada. The Zenbook DUO is available at the ASUS Store, Best Buy, Amazon, and Canada Computers, with Costco joining later this year. The Zenbook 14 is available at the ASUS Store, Amazon and Shi, with Canada Computers, Costco, and Staples set to carry it later this year. The Zenbook 14 (UM3406KA) will also be available later this year.
For detailed specifications, availability, pricing, and where to buy links, please see below.
Please contact your local ASUS representative for further information.
SPECIFICATIONS2
ASUS Zenbook DUO (UX8406CA)
| Model | UX8406CA-BS91T-CB | UX8406CA-DS91T-CA | UX8406CA-CS71-CB |
| Marketing Name | ASUS Zenbook DUO (2025) | ||
| Operating System | Windows 11 Home | ||
| Color | Inkwell Gray | ||
| Weight | 1.65 kg (3.64 lbs)
Weight without keyboard: 1.35 kg (2.98 lbs) Weight of keyboard: 0.30 kg (0.66 lbs) |
||
| Dimensions | 31.35 x 21.79 x 1.46 ~ 1.99 cm (12.34″ x 8.58″ x 0.57″ ~ 0.78″) | ||
| Keyboard Dimensions | 31.28 x 20.90 x 0.51 ~ 0.53 cm (12.31″ x 8.23″ x 0.20″ ~ 0.21″) | ||
| Display | Dual 14” touchscreens, 2880×1800, OLED, 16:10, 120 Hz, 0.2ms, 500 nits peak brightness, 100% DCI-P3, VESA Certified Display HDR True Black 500, Pantone validated | Dual 14” touchscreens, 1920×1200, OLED, 16:10, 120 Hz, 0.2ms, 500 nits peak brightness, 100% DCI-P3, VESA Certified Display HDR True Black 500, Pantone validated | Dual 14” touchscreens, 1920×1200, OLED, 16:10, 120 Hz, 0.2ms, 500 nits peak brightness, 100% DCI-P3, VESA Certified Display HDR True Black 500, Pantone validated |
| Processor | Intel Core Ultra 9 Processor 285H
2.9 GHz (24MB Cache, up to 5.4 GHz, 16 cores, 16 Threads); Intel AI Boost NPU up to 13TOPS |
Intel Core Ultra 7 Processor 255H
2.0 GHz (24MB Cache, up to 5.1 GHz, 16 cores, 16 Threads); Intel AI Boost NPU up to 13 |
|
| Graphics | Intel Arc Graphics | ||
| Memory | 32GB LPDDR5X (on board) | 16GB LPDDR5X (on board) | |
| Storage | 1 TB PCIe 4.0 SSD (1 x M.2 2280 slot) | ||
| Keyboard | Bilingual French | English | Bilingual French |
| Webcam | 1080p FHD IR Camera | ||
| Wi-Fi | Wi-Fi 7 + Bluetooth 5.4 | ||
| IO Ports | 1 x USB 3.2 Gen 2 Type-A 2 x Thunderbolt 4 (PD, DP) 1 x HDMI 2.1 (TMDS) 1 x 3.5 Audio Combo Jack |
||
| Battery | 75Whr | ||
| AC Adapter | Type-C, 65W AC Adapter, Output: 20V DC, 3.25A, 65W, Input: 100-240V AC 50/60GHz universal | ||
| Availability | ASUS Store | ASUS Store | Costco (available later this year) |
| MSRP | C$2,699 | C$2,499 | C$2,399 |
ASUS Zenbook 14 (UX3405CA)
| Model | UX3405CA-CS91T-CB | UX3405CA-RS71T-CA | UX3405CA-SS71T-CB | UX3405CA-DS51T-CA | |
| Marketing Name | ASUS Zenbook 14 | ||||
| Operating System | Windows 11 Home | ||||
| Color | Ponder Blue | ||||
| Weight | 1.28 kg (2.82 lbs) | ||||
| Dimensions | 31.24 x 22.01 x 1.49 ~ 1.49 cm (12.30″ x 8.67″ x 0.59″ ~ 0.59″) | ||||
| Display | 14” touchscreen, WUXGA, 1920×1200, OLED, 16:10, 60 Hz, 0.2ms, 500 nits peak brightness, 100% DCI-P3, VESA Certified Display HDR True Black 500 | ||||
| Processor | Intel Core Ultra 9 Processor 285H
2.9 GHz (24MB Cache, up to 5.4 GHz, 16 cores, 16 Threads); Intel AI Boost NPU up to 13TOPS |
Intel Core Ultra 7 Processor 255H
2.0 GHz (24MB Cache, up to 5.1 GHz, 16 cores, 16 Threads); Intel AI Boost NPU up to 13 |
Intel Core Ultra 5 Processor 225H
1.7 GHz (18MB Cache, up to 4.9 GHz, 14 cores, 16 Threads); Intel AI Boost NPU up to 13TOPS |
||
| Graphics | Intel Arc Graphics | ||||
| Memory | 16GB LPDDR5X (on board) | 32GB LPDDR5X (on board) | 16GB LPDDR5X (on board) | 16GB LPDDR5X (on board) | |
| Storage | 1 TB PCIe 4.0 SSD (1 x M.2 2280 slot) | 512 GB PCIe 4.0 SSD (1 x M.2 2280 slot) | |||
| Keyboard | Bilingual French | English | Bilingual French | English | |
| Webcam | 1080p FHD IR Camera | ||||
| Wi-Fi | Wi-Fi 7 + Bluetooth 5.4 | ||||
| IO Ports | 1 x USB 3.2 Gen 1 Type-A 2 x Thunderbolt 4 (PD, DP) 1 x HDMI 2.1 (TMDS) 1 x 3.5 Audio Combo Jack |
||||
| Battery | 75Whr | ||||
| AC Adapter | Type-C, 65W AC Adapter, Output: 20V DC, 3.25A, 65W, Input: 100-240V AC 50/60GHz universal | ||||
| Availability | Costco (available later this year) | Canada Computers (available later this year) | Staples (available later this year) | ASUS Store | |
| MSRP | C$1,899 | C$1,899 | C$1,699 | C$1,499 | |
NOTES TO EDITORS
Product pages:
Where to buy links:
ASUS Zenbook Page: https://www.asus.com/ca-en/site/zenbook/
ASUS LinkedIn: https://www.linkedin.com/company/asus/posts/
ASUS Pressroom: http://press.asus.com
ASUS Canada Facebook: https://www.facebook.com/asuscanada/
ASUS Canada Instagram: https://www.instagram.com/asus_ca
ASUS Canada YouTube: https://ca.asus.click/youtube
ASUS Global X (Twitter): https://www.x.com/asus
About ASUS
ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.
1 Without keyboard
2 Price and specifications and subject to change without notice. For the latest information please visit https://www.asus.com/ca-en/
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/64840812-c385-471d-8435-9e9dc833ca33
Source: GlobeNewswire (MIL-OSI)
LLOYDS BANK PLC ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) — Lloyds Bank plc announces that the following document will be submitted today to the National Storage Mechanism and will shortly be available for inspection in unedited full text at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the document is also available through the ‘Investors’ section of our website www.lloydsbankinggroup.com
This announcement is made in accordance with DTR 4.1.
For further information:
| Investor Relations | |
| Douglas Radcliffe | +44 (0)20 7356 1571 |
| Group Investor Relations Director | |
| douglas.radcliffe@lloydsbanking.com | |
| Corporate Affairs | |
| Matt Smith | +44 (0)20 7356 3522 |
| Head of Media Relations | |
| matt.smith@lloydsbanking.com |
FORWARD LOOKING STATEMENTS
This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and section 27A of the US Securities Act of 1933, as amended, with respect to the business, strategy, plans and/or results of Lloyds Bank plc together with its subsidiaries (the Lloyds Bank Group) and its current goals and expectations. Statements that are not historical or current facts, including statements about the Lloyds Bank Group’s or its directors’ and/or management’s beliefs and expectations, are forward-looking statements. Words such as, without limitation, ‘believes’, ‘achieves’, ‘anticipates’, ‘estimates’, ‘expects’, ‘targets’, ‘should’, ‘intends’, ‘aims’, ‘projects’, ‘plans’, ‘potential’, ‘will’, ‘would’, ‘could’, ‘considered’, ‘likely’, ‘may’, ‘seek’, ‘estimate’, ‘probability’, ‘goal’, ‘objective’, ‘deliver’, ‘endeavour’, ‘prospects’, ‘optimistic’ and similar expressions or variations on these expressions are intended to identify forward-looking statements. These statements concern or may affect future matters, including but not limited to: projections or expectations of the Lloyds Bank Group’s future financial position, including profit attributable to shareholders, provisions, economic profit, dividends, capital structure, portfolios, net interest margin, capital ratios, liquidity, risk-weighted assets (RWAs), expenditures or any other financial items or ratios; litigation, regulatory and governmental investigations; the Lloyds Bank Group’s future financial performance; the level and extent of future impairments and write-downs; the Lloyds Bank Group’s ESG targets and/or commitments; statements of plans, objectives or goals of the Lloyds Bank Group or its management and other statements that are not historical fact and statements of assumptions underlying such statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon circumstances that will or may occur in the future. Factors that could cause actual business, strategy, targets, plans and/or results (including but not limited to the payment of dividends) to differ materially from forward-looking statements include, but are not limited to: general economic and business conditions in the UK and internationally (including in relation to tariffs); acts of hostility or terrorism and responses to those acts, or other such events; geopolitical unpredictability; the war between Russia and Ukraine; the conflicts in the Middle East; the tensions between China and Taiwan; political instability including as a result of any UK general election; market related risks, trends and developments; changes in client and consumer behaviour and demand; exposure to counterparty risk; the ability to access sufficient sources of capital, liquidity and funding when required; changes to the Lloyds Bank Group’s or Lloyds Banking Group plc’s credit ratings; fluctuations in interest rates, inflation, exchange rates, stock markets and currencies; volatility in credit markets; volatility in the price of the Lloyds Bank Group’s securities; natural pandemic and other disasters; risks concerning borrower and counterparty credit quality; risks affecting defined benefit pension schemes; changes in laws, regulations, practices and accounting standards or taxation; changes to regulatory capital or liquidity requirements and similar contingencies; the policies and actions of governmental or regulatory authorities or courts together with any resulting impact on the future structure of the Lloyds Bank Group; risks associated with the Lloyds Bank Group’s compliance with a wide range of laws and regulations; assessment related to resolution planning requirements; risks related to regulatory actions which may be taken in the event of a bank or Lloyds Bank Group or Lloyds Banking Group failure; exposure to legal, regulatory or competition proceedings, investigations or complaints; failure to comply with anti-money laundering, counter terrorist financing, anti-bribery and sanctions regulations; failure to prevent or detect any illegal or improper activities; operational risks including risks as a result of the failure of third party suppliers; conduct risk; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; technological failure; inadequate or failed internal or external processes or systems; risks relating to ESG matters, such as climate change (and achieving climate change ambitions) and decarbonisation, including the Lloyds Bank Group’s or the Lloyds Banking Group’s ability along with the government and other stakeholders to measure, manage and mitigate the impacts of climate change effectively, and human rights issues; the impact of competitive conditions; failure to attract, retain and develop high calibre talent; the ability to achieve strategic objectives; the ability to derive cost savings and other benefits including, but without limitation, as a result of any acquisitions, disposals and other strategic transactions; inability to capture accurately the expected value from acquisitions; and assumptions and estimates that form the basis of the Lloyds Bank Group’s financial statements. A number of these influences and factors are beyond the Lloyds Bank Group’s control. Please refer to the latest Annual Report on Form 20-F filed by Lloyds Bank plc with the US Securities and Exchange Commission (the SEC), which is available on the SEC’s website at www.sec.gov, for a discussion of certain factors and risks. Lloyds Bank plc may also make or disclose written and/or oral forward-looking statements in other written materials and in oral statements made by the directors, officers or employees of Lloyds Bank plc to third parties, including financial analysts. Except as required by any applicable law or regulation, the forward-looking statements contained in this document are made as of today’s date, and the Lloyds Bank Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this document whether as a result of new information, future events or otherwise. The information, statements and opinions contained in this document do not constitute a public offer under any applicable law or an offer to sell any securities or financial instruments or any advice or recommendation with respect to such securities or financial instruments.
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Source: GlobeNewswire (MIL-OSI)
SANTA BARBARA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — H2C Safety Pipe, Inc. announces that Peter Miller has joined the company as Environmental Policy Director. In this role, Miller will engage with environmental stakeholders, policymakers, and industry leaders to advance regulatory standards that help ensure hydrogen pipeline safety and integrity, supporting the global transition to clean energy.
Miller brings over 35 years of experience in environmental policy, clean energy advocacy, and regulatory development. Most recently, he served as Director of the Western Region Climate and Clean Energy Program at the Natural Resources Defense Council (NRDC), where he played a pivotal role in shaping California’s renewable energy policies, energy efficiency programs, and carbon reduction initiatives. His extensive background includes collaborating with public, private, and nonprofit sectors to develop innovative environmental solutions.
Miller was drawn to H2C Safety Pipe by its mission to address one of the most critical challenges in hydrogen infrastructure: minimizing hydrogen leakage to maximize public safety and environmental benefits. “The transition to a clean energy economy depends not only on expanding hydrogen infrastructure but ensuring that it is deployed responsibly,” said Miller. “H2C Safety Pipe’s innovative technology provides an essential solution to a key problem—controlling hydrogen leakage while keeping costs affordable. I’m excited to bring my expertise to this team and help shape the policies that will make an industry standard a reality.”
Robert Shelton, President of H2C Safety Pipe, said, “We are at a pivotal moment in the clean energy transition, and ensuring that hydrogen pipelines meet the highest safety and environmental standards is critical to long-term success. Millions of miles of natural gas pipelines have taught us that gas pipelines invariably leak, and we know hydrogen poses even greater challenges. Peter will be instrumental in building support for strong, science-backed standards that will ensure future hydrogen pipelines are safe and leak-free. His leadership will help us establish a sustainable framework for the future of hydrogen infrastructure.”
The addition of Miller follows H2C Safety Pipe’s November 2024 announcement that Nick Gaines has joined the company as Director of Legislative Affairs. Gaines brings over a decade of experience at the intersection of technology, policy, and community development. Together, Miller and Gaines will engage with regulators, legislators, and the environmental community to champion a zero-leakage hydrogen standard in California that advances a responsible transition to a clean energy future.
About the H2C Safety Pipe™Technology
H2C Safety Pipe, Inc. is revolutionizing hydrogen transport and distribution with its proprietary Safety Pipe™ technology. Designed to address leakage concerns and enhance safety, this technology allows for the cost-effective, scalable and environmentally responsible distribution of hydrogen, particularly in densely populated areas. By retrofitting existing infrastructure, H2C’s pipe-within-a-pipe solution significantly reduces the costs and complexities associated with deploying new hydrogen pipelines, thus accelerating the transition to cleaner energy sources. For more information about H2C Safety Pipe and its groundbreaking hydrogen pipeline technology, visit H2Csafetypipe.com.
Media Contact:
Lisa Murray
Trevi Communications, Inc.
lisa@trevicomm.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d780016d-d0b5-4e98-a52a-5a7ea11bf42f
Source: GlobeNewswire (MIL-OSI)
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to a recent article issued by Fact.MR, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said: “The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.” Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), ParaZero Technologies Ltd. (NASDAQ: PRZO), New Horizon Aircraft (NASDAQ: HOVR), Unusual Machines (NYSE: UMAC).
Fact.MR added: “The industries catered to by drones have also increased significantly. Earlier most of the demand for drones was from agriculture and public administration, now it has increased to infrastructure development, mining, energy, education, and transportation among others. Now a mining company can easily calculate/measure the area covered for the mining, or the stockpile volume with the help of drone surveys. It is expected that in the coming years, the drone surveying industry will witness continuous technological advancement, resulting in the expansion of service offerings. The US drone surveying market and construction and mining industry is expected to be the market leader in the demand for drone surveying services. Increased spending from governments and rising demand for residential and commercial spaces would add a significantly high pace to the overall drone surveying demand in the US.”
ZenaTech (NASDAQ:ZENA) ZenaDrone Advances IQ Square Drone to Manufacturing Stage for Outdoor Applications Including Inspections, Surveys, and the Fast-Growth Power Washing Sector – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that its subsidiary ZenaDrone has moved its first batch of IQ Square multifunction drones from prototype to manufacturing stage. This drone was designed for outdoor applications for operator line-of-site inspections such as for building and construction inspections, short-range land surveys, power washing and other business and government applications. The IQ Square is also expected to be a key part of ZenaDrone’s multifunction drone inventory for its Drone as a Service or DaaS business, which enables business and government users to hire a turnkey drone service and drone pilot through a local store for easy subscription-based or pay-as-you-go access to drones for various uses.
“The IQ Square’s rapid progression from the prototype stage, initiated in 2022, to the manufacturing and assembly stage is a testament to our hardware and engineering team’s dedication and hard work. We see many commercial and government applications for the IQ Square, which we also envision will be central to powering our future DaaS operations as a versatile multifunction drone for multiple outdoor uses requiring line-of-site including fast growth uses like power washing,” said CEO Shaun Passley, Ph.D.
The IQ Square will be equipped with a power wash system for use in larger-scale cleaning jobs such as stadium seating, building exteriors, and public spaces; drones eliminate the need for scaffolding, lifts, or manual labor by providing a more efficient, safe, and cost-effective solution. Tethered to a ground-based water and a power source, it is designed to maintain a continuous supply of high-pressure water needed to clean large areas without the weight limitations of onboard tanks.
The mold and drone body frames of the first batch of IQ Square drones are currently being completed, after which they will be assembled, integrated, and tested at the company’s Sharjah, UAE production facility. The Company will oversee the integration and quality inspection of electronics, battery and propulsion systems, software, and sensor installation and calibration, concluding with final flight testing.
According to QYResearch, the global market for drone cleaning services, including applications such as water hose-tethered power washing for stadium seats and public areas, is projected to reach approximately $53.89 billion by 2030, growing at a CAGR of 19.3%.
ZenaTech’s Drone as a Service or DaaS business model enables government agencies, building developers, entertainment facilities, farmers, environmental firms, etc. to conveniently access a turnkey drone solution via a local store on a pay-as-you-go or subscription basis rather than having to buy the entire drone hardware and software solution. Like Amazon Web Services, where Amazon owns computer equipment platforms and hires the personnel, with the DaaS model, ZenaDrone owns the drones, hires the pilots and ensures regulatory compliance to enable the cost savings, precision and efficiency of drones over existing legacy methods. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/
Other recent developments in the drone industry include:
Safe Pro Group Inc. (NASDAQ: SPAI) recently announced that its Safe Pro AI subsidiary reached its latest milestone having processed over 1,000,000 real-world images and 20,000 explosive threat detections in Ukraine utilizing its patented AI-powered small object threat detection and drone image analysis and mapping technology.
Sourced from real-world aerial imagery collected in Ukraine by organizations utilizing commercially available drones over the past two years, SafePro’s latest generation of small object detection models include one of the largest and widest arrays of labeled imagery of landmines, unexploded ordnance (UXO) and explosive remnants of war (ERW) in existence today. Supported by the hyper scale of the Amazon Web Services (AWS) cloud, this robust dataset enables the patented SpotlightAI™ ecosystem to rapidly detect over 150 types of surface-level explosive hazards, enabling government and humanitarian organizations to quickly assess threats on the ground with sub-centimeter precision. The Company intends to utilize its newly enhanced models to power new threat detection solutions designed for expanded domestic and international applications in defense, public safety and commercial markets.
ParaZero Technologies Ltd. (NASDAQ: PRZO) recently announced that it has successfully achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems. This milestone marks a step forward for the company, solidifying its position as a trusted provider of safety solutions in the rapidly expanding drone market.
ParaZero secured EASA compliance for its SafeAir systems. The Company announced last week that its system is integrated with the DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, and has successfully achieved CE Class C5 compliance. This achievement marks a significant advancement in drone safety and regulatory readiness, particularly within the European market.
New Horizon Aircraft (NASDAQ: HOVR) announces that John Wyzykowski has been appointed as a Technical Expert. Horizon Aircraft recently announced that John Wyzykowski has joined the company as a Technical Expert to support the development of its propulsion systems. John is the latest in a series of new hires as Horizon Aircraft continues to bolster its engineering team with people who have proven track records in the aerospace sector. John joins from Lilium, a leading eVTOL developer, where he held the position of Head of Propulsion. With decades of experience in advanced aerospace propulsion, John will play a key role in supporting the ongoing development and optimization of the Cavorite X7, Horizon’s revolutionary hybrid-electric eVTOL.
John is a recognized expert in propulsion system design, integration, and performance optimization for next-generation aerospace platforms. His extensive background includes work on gas turbine and fully electric propulsion architectures, with a deep understanding of the unique challenges associated with eVTOL applications, including power density, thermal management, and system redundancy. His insights will be instrumental as Horizon Aircraft continues its rigorous testing and refinement of the Cavorite X7’s propulsion system.
Unusual Machines (NYSE:UMAC) announced it has recently secured Red Cat Holdings (RCAT) as a customer for motors. This marks the company’s first partnership to develop motors built to a U.S. drone producer’s specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications.
Red Cat has placed its initial order, marking a significant milestone in Unusual Machines’ efforts to become a Tier 1 supplier of drone motors for American manufacturers. The motors will be among the first produced in Unusual Machines’ U.S.-based manufacturing facility, which is currently under development. In the interim, production will take place in a partnered facility, that we believe will result in a seamless supply chain transition. Unusual Machines expects to begin delivering on Red Cat’s first order by the end of March.
This order further strengthens the relationship between Unusual Machines and Red Cat, as the companies continue their collaborative work on the FANG™, a high-performance FPV drone designed for defense applications.
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Source: GlobeNewswire (MIL-OSI)
Tel Aviv, Feb. 27, 2025 (GLOBE NEWSWIRE) — ZOOZ Power Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and power management solutions enabling ultra-fast multi-port Electric Vehicle (EV) charging, today announced that Mr. Erez Zimerman, Chief Executive Officer, will present at the 5th European EV Charging Infrastructure 2025 Conference in Amsterdam on Tuesday, March 4, 2025, at 4:20pm CET.
Mr. Zimerman will discuss how kinetic power boosters with smart energy management enable ultra-fast EV charging and network expansion without costly grid upgrades. By improving energy distribution through adaptive charging, peak shaving and efficient power allocation, these boosters could reduce demand charges and support the deployment of multiple ultra-fast EV chargers. This innovative approach leverages kinetic energy to enhance sustainability and promote a greener future.
About the 5th European EV Charging Infrastructure 2025 Conference
The 5th European EV Charging Infrastructure 2025 Conference is a premier event focused on advancing EV infrastructure and modernizing Europe’s electrical grids. It will showcase innovations in ultra-fast and smart charging technologies, tackling key challenges like grid stability, energy distribution, and sustainability. Industry experts, grid operators, and stakeholders will discuss best practices, energy storage solutions, and strategies for optimizing EV network efficiency. With a strong emphasis on smart charging systems and renewable energy integration, this conference offers valuable insights and networking opportunities for those shaping the future of EV charging in Europe.
About ZOOZ Power Ltd.
ZOOZ Power is the leading provider of Flywheel-based power boosting and power management solutions enabling widespread deployment of ultra-fast multi ports charging infrastructure for EVs, while overcoming existing grid limitations. ZOOZ Power pioneers its unique Flywheel-based power boosting technology, which could enable efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel-based technology is designed to allow high-performance, reliable, and cost-effective ultra-fast EV charging infrastructure.
The rapid acceleration of the EV revolution is outpacing grid infrastructure. As charging demands grow, limited grid capacity has created a gap that requires innovative solutions to bridge this divide. ZOOZ Power’s sustainable, power-boosting solutions are designed with longevity and the environment in mind, could assist its customers and partners accelerate the deployment of fast-charging infrastructure, thus increasing the potential for improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ Power is publicly traded on NASDAQ and TASE under the ticker ZOOZ.
For more information, please visit: www.zoozpower.com/
Forward-Looking Statement
This Press Release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this Press Release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy and future operations are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ Power’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by ZOOZ Power from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to the acceleration of the EV revolution, statements relating to the charging demands and their effect on the grid capacity, statements relating to the acceptance and utilization of ZOOZ Power’s solutions and the effects of the evolving nature of the war situation in Israel, and the related evolving regional conflicts, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. ZOOZ Power’s management has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.
For all investor inquiries, please contact:
Miri Segal
MS-IR LLC
msegal@ms-ir.com
Source: GlobeNewswire (MIL-OSI)
ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) — GreyOrange Inc., a leader in AI-driven fulfillment automation, announces recognition of its GreyMatter hyper-intelligent warehouse orchestration in Interact Analysis’ comprehensive report, Warehouse Software Market Insight. Authored by Interact Analysis Research Manager Rueben Scriven and Senior Analyst Irene Zhang, the report reveals key insights into the rapidly evolving warehouse software market, highlighting a projected CAGR of 12.7% from 2023 to 2030. Interact Analysis predicts the warehouse automation software market will reach over $16 billion by 2030.
The report underscores the pivotal role of mobile robots in propelling growth within the fleet management system market. Their swift deployment, space efficiency compared to fixed automation, and flexible purchasing models, such as Robotics as a Service (RaaS), have accelerated the adoption of mobile robots – and the need for corresponding software.
According to the report, “To enhance operational efficiency in warehouses, implementing a Warehouse Execution System (WES) is likely to be considered a strategic choice.”
“With more disparate automation systems being used, along with more complex logistical processes, the need for fine-tuned orchestration and execution is becoming paramount to stay ahead of the curve,” said Rueben Scriven, Research Manager, Interact Analysis. “Being able to orchestrate fixed automation, mobile automation, and manual operations, GreyMatter is a true Warehouse Execution System.”
In alignment with this concept, GreyMatter’s hyper-intelligent warehouse orchestration is at the forefront of this software revolution. GreyMatter is designed to solve critical warehouse operation challenges. It seamlessly supports both fixed automation and robotics while maintaining exceptional reliability as agent numbers grow. With advanced functional areas like Fulfillment Engine, Inventory in Motion, and Integrated Automation, GreyMatter ensures precise and efficient operational orchestration.
“The recognition of GreyMatter’s value to the industry by Interact Analysis is a nod to the commitment of GreyOrange to producing competitive advantages for our customers,” said Akash Gupta, Co-Founder and CEO, GreyOrange. “GreyMatter’s capability to operate across various facility types, flex up and down according to inventory levels and demand, and provide agnostic multiagent orchestration for robotic and human labor differentiates the WES, and prepares companies today with solutions for future needs.”
Download the Warehouse Software Market Insight report, compliments of GreyOrange here.
Learn more about GreyOrange’s GreyMatter by visiting www.greyorange.com.
About Interact Analysis
Interact Analysis is the leading authority on the warehouse automation market. With analysts located across the world including the US, China, UK, and Germany, Interact Analysis helps its clients stay ahead of the curve with its high quality research and analysis.
About GreyOrange
GreyOrange Inc. is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. Its emphasis on orchestration, innovation, and customer satisfaction marks a new era in efficient, responsive supply chain solutions. The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market, and creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, with offices and partners across the Americas, Europe, and Asia. For more information, visit www.greyorange.com.
Media Contact
Leah R H Robinson, APR
LeadCoverage
leah@leadcoverage.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92008480-c341-412b-9df1-dca3d9c05478
Source: GlobeNewswire (MIL-OSI)
CHICAGO, Feb. 27, 2025 (GLOBE NEWSWIRE) — VelocityEHS®, the global leader in enterprise EHS & ESG software solutions, has announced the publication of three groundbreaking scientific papers, further cementing its leadership in artificial intelligence (AI) and machine learning (ML) in workplace safety and sustainability. These papers, published in the esteemed journals Ergonomics; International Journal of Data Warehousing and Mining; and Elsevier, showcase VelocityEHS’ innovative in musculoskeletal disorder (MSD) risk assessment, ESG data management, and Chemical Safety.
Advancements in Ergonomics Risk Assessment
The first paper, NLP-based Ergonomics MSD Risk Root Cause Analysis and Risk Controls Recommendation, published in Ergonomics and authored by Pulkit Parikh, PhD., Julia Penfield, PhD., Richard Barker, CPE, CSP, Blake McGowan, CPE, and James Richard Mallon, CPE, presents an AI-powered framework that utilizes Natural Language Processing (NLP) to automate the identification of musculoskeletal disorder (MSD) risks and recommend targeted risk controls.
By leveraging deep learning and expert-driven ML models, this system goes beyond traditional risk scoring to provide actionable insights that improve workplace ergonomics and reduce injuries.
“Traditional ergonomics assessments often stop at producing risk scores, leaving companies without clear guidance on control actions,” said Rick Barker, CPE, Senior Director, Solution Strategy.
Until now, most research using artificial intelligence to combat musculoskeletal disorders has been limited to risk assessment. One of the unanswered questions among researchers is how to enhance the model to offer sustainable improvement strategies.
Julia Penfield, PhD., VP of Research & Machine Learning at VelocityEHS addressed this challenge: “We presented a framework that goes beyond MSD risk scoring. Along with machine learning, computer vision and natural language processing can propose risk control recommendations to help organizations achieve their goal to create safer workplaces. To the best of my knowledge, we are the first to take this holistic approach.”
Revolutionizing ESG Data Management
The second paper, Automatic Question Answering from Large ESG Reports, published in International Journal of Data Warehousing and Mining, and co-authored by Pulkit Parikh, PhD., and Julia Penfield, PhD., introduces the first AI-driven system designed to automatically extract and answer questions from extensive Environmental, Social, Governance (ESG) reports.
ESG reports often exceed 50 pages, making manual extraction for audits, benchmarking, or Scope 3 reporting time-consuming and labor-intensive. Compounding this challenge, audits require answering hundreds of questions, posing difficulties even for experts. Additionally, midsize companies managing Scope 3 reports must manage thousands of suppliers, making it difficult to process ESG data.
“An AI-system could transform this process, enabling organizations to retrieve relevant information and drive informed decision-making effortlessly and efficiently,” said Dr. Julia Penfield.
Transforming Chemical Safety with AI-driven SDS Indexing
The third paper, A Machine Learning Driven Automated System to Extract Multiple Information Fields from Safety Data Sheet Documents, published in Elsevier, and authored by Misbah Khan, Julia Penfield, PhD., Aatish Suman, and Stephanie Crowell, presents an AI-powered system designed to automate the extraction of key chemical safety data from Safety Data Sheets (SDS).
SDS indexing has evolved from storing physical copies to digitally extracting key fields for inventory and risk management. While essential for compliance, manual SDS indexing is labor-intensive, costly and time consuming. An AI-driven solution will automate this process, allowing organizations to access critical chemical information with speed and accuracy.
“Effective chemical data management is essential for workplace safety and regulatory compliance. AI is no longer the future of chemical safety — it’s the present. With automated SDS indexing, we’re setting a new standard for speed, accuracy, and compliance,” says Misbah Khan, Staff Machine Learning Scientist, VelocityEHS. “An AI-driven solution will allow an organization’s team member to quickly retrieve SDS information in case of an accident, improving the response time and potentially saving a life. This blend of innovation and responsibility propels us toward an EHS future that’s both efficient and human centered.”
The paper concluded that an automated system could improve efficiency and compliance by indexing fields, such as product name, manufacturer, supplier, and revision date, with a precision accuracy of 96 to 99%.
Driving Innovation in Workplace Safety & Sustainability
These research contributions reflect VelocityEHS’ commitment to pioneering AI to improve workplace safety and operational performance. The company continues to invest in innovation to provide advanced solutions so organizations can reach all their EHS goals.
To learn how Velocity’s AI Machine Leaning scientists worked with certified ergonomists to deliver the most comprehensive ergonomics assessment tool, watch this video.
For more about VelocityEHS, visit www.EHS.com.
About VelocityEHS
Relied on by more than 10 million users worldwide to drive operational excellence and achieve outstanding outcomes, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform is the definitive gold standard, delivering best-in-class software solutions for managing Safety, Ergonomics, Chemical Management, and Operational Risk. In addition, Velocity offers world-class applications for Contractor Safety & Permit to Work, Environmental Compliance, and ESG.
The VelocityEHS team includes unparalleled industry expertise, with more certified experts in health, safety, industrial hygiene, ergonomics, sustainability, the environment, AI, and machine learning than any other EHS software provider. Recognized by the EHS industry’s top independent analysts as a Leader in the Verdantix 2025 Green Quadrant Analysis, VelocityEHS is committed to industry thought leadership and to accelerating the pace of innovation through its software solutions and vision. Its privacy and security protocols, which include SOC2 Type II attestation, are among the most stringent in the industry.
VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Western Australia; and Cork, Ireland. For more information, visit www.EHS.com.
Media Contact:
Jennifer Sinkwitts
VelocityEHS
jsinkwitts@ehs.com
Source: GlobeNewswire (MIL-OSI)
Chicago, Feb. 27, 2025 (GLOBE NEWSWIRE) — Healthcare desperately needs more clinicians, but can’t scale up fast enough. Traditional medical training demands thousands of hours of supervised, hands-on practice and struggles to prepare today’s workforce for modern challenges – especially the management of chronic diseases. Today, SimCare AI announces $2 million in seed funding to rethink clinical training from first principles: using AI patients to bypass regulatory constraints and certify clinical skills with far fewer patient interactions.
The funding round was led by Y Combinator and Drive Capital, with participation from Harper Court Ventures Fund, Singularity Capital, Triple S Ventures, Goodwater Capital, Asymmetry Ventures, Sand Hill North, and Transpose Platform.
SimCare AI founders Vrishank Saini and Tigran Bdoyan.
The story began with a problem: when founder Vrishank Saini failed a critical clinical communications exam and couldn’t afford the $9,000 tutor fee, he got together with Tigran Bdoyan and built an AI solution instead. The tool worked so well it attracted 2,500 users and reached $5,000 in monthly recurring revenue within three weeks. After an initial rejection from Y Combinator’s S24 batch, Saini and his co-founder Bdoyan dropped out of college with no funding, moved to San Francisco, and – when told they couldn’t reapply to the same batch – created new email accounts and applied again. Y Combinator caught them but, impressed by their determination, gave them $500,000 to build SimCare AI.
“We took a risk to prove our point,” said Vrishank Saini, CEO and Co-founder of SimCare AI. “By using AI patients, we’ve set a clinical benchmark for how training should be measured – efficient, reliable, and cost-effective. Current training methods excel at teaching acute conditions but fall short with chronic diseases that develop over months and years. A medication change today might not show its impact for months, and missed interventions might not reveal their consequences for years. SimCare AI’s simulations compress these timelines dramatically, allowing clinicians to witness disease progression patterns that would traditionally take years to experience.”
Vrishank Saini, CEO and Co-founder of SimCare AI.
The SimCare AI platform can be customized for different specialties and use cases, from residency programs preparing trainees for complex patient scenarios to social work programs practicing family interventions. Telehealth companies, for example, screen job applicants by testing their skills with SimCare AI patients, enabling faster and more cost-effective hiring. The platform also supports their onboarding, training, upskilling, and remediation without the prolonged timelines and high expenses of traditional training. For healthcare organizations, being able to benchmark and predict performance of their workforce will offer employers an advantage. Currently, SimCare AI has already closed 30 pilots with institutions including the University of Pennsylvania.
The innovation comes at a crucial moment. As seasoned physicians leave the profession while less experienced clinicians backfill positions, the clinical experience gap is widening. Traditional training methods – role-playing, in-person evaluations, and one-on-one interviews – cost institutions hundreds of thousands of dollars annually in faculty time and administrative overhead, while still failing to provide comprehensive exposure to complex patient cases.
Professor Emeritus of Medicine and Psychiatry, University of North Carolina Douglas A. Drossman MD, President at DrossmanCare commented: “I have been extremely impressed with our collaboration with SimCare AI. At DrossmanCare, in partnership with the Rome Foundation, we develop educational programs designed to enhance healthcare providers’ communication skills with patients. SimCare AI has seamlessly integrated our vast library of publications and videos on communication into an innovative program that allows providers to engage in advanced, simulated patient interviews with a virtual avatar. This approach enables providers to gain valuable insights into complex psychosocial issues through the use of sophisticated interview techniques. Additionally, the program provides real-time feedback, allowing providers to continuously refine their skills. I’ve never encountered a company with such a refined ability to replicate the nuances of a clinical encounter, offering a truly remarkable training experience.”
SimCare AI’s technology offers a radical solution: proving clinical competency with just 20 patient encounters instead of 200. The system’s sophisticated AI maps decision trees for each patient interaction, creating dynamic, realistic conversations that align with accreditation standards. This precision helps institutions track, assess, and verify student competencies according to regulatory requirements – allowing students and professionals to practice and be evaluated anytime, anywhere. This standardized approach not only reduces faculty burden and costs but accelerates the pace at which new clinicians can enter the workforce.
Molly Bonakdarpour, Partner at Drive Capital, commented: “SimCare AI is addressing a clear need in healthcare training. In just four months, they’ve demonstrated strong early impact, delivering measurable ROI for customers. We’re impressed with their vision and execution and look forward to supporting their continued growth in AI-driven healthcare solutions.”
The platform’s impact extends across the healthcare education landscape. While medical schools use SimCare AI to teach patient interactions and clinical reasoning, therapy programs employ it for counseling practice, and telehealth companies leverage it for hiring and upskilling. SimCare AI’s precision helps institutions track, assess, and verify student competencies according to regulatory requirements – a crucial feature for medical schools, nursing programs, and continuing medical education.
Vrishank Saini added: “Looking ahead, SimCare AI plans to integrate more detailed clinical data – from transcripts to diagnostic workups – into its evaluation system. The company’s goal is to standardize clinical training and evaluation across healthcare, enabling competency to be measured quickly and reliably. For risk-bearing organizations, this provides a clear, consistent method to train clinicians in the specific skills that drive quality metrics.”
Ends
Media images can be found here.
About SimCare AI
SimCare AI (YC S24) creates simulated conversations with AI patients to scale healthcare training. Healthcare organizations use our clinical simulations for more efficient recruitment, reduced training time and costs, and enhanced patient outcomes. Governments are pushing to expand the healthcare workforce by increasing training output; however, it is illegal to train without direct clinical supervision, limiting scale in training. These restrictions don’t apply to AI patients, providing a scalable solution that helps organizations train more people, meet accreditation standards, and grow faster. For more information please visit: http://simcare.ai/
About Drive Capital
Drive Capital is a venture capital firm in Columbus that invests in world-class founders building the next generation of market-defining companies.
Source: GlobeNewswire (MIL-OSI)
Aktia Bank Plc
Stock Exchange Release
27 February 2025 at 4.30 p.m.
Sari Pohjonen leaves Aktia’s Board of Directors
Sari Pohjonen, a member of the Board of Directors and the Chair of the Audit Committee of Aktia Bank Plc, has submitted her resignation to the Board of Directors of Aktia today, 27 February 2025. Pohjonen has announced her resignation from the Board as of today, due to her other commitments.
After the change, Aktia will have eight Board members until the next Annual General Meeting. On 3 April 2025, the Annual General Meeting of Aktia will elect the members of the Board of Directors for a new term of office. Aktia’s Shareholders’ Nomination Board proposes that the number be set to seven members. In a Stock Exchange Release 31 January 2025, Aktia published the Shareholders’ Nomination Board’s proposal for the composition and remuneration of the Board of Directors of Aktia.
Aktia would like to thank Sari Pohjonen for her contribution to the Board of Directors since 2022.
Aktia Bank Plc
Further information:
Lasse Svens, Chairman of the Board of Aktia Bank Plc, Tel. +358 50 056 2945
Oscar Taimitarha, Director, Investor Relations, Tel. +358 40 562 2315, ir (at) aktia.fi
Distribution:
Nasdaq Helsinki Ltd
Mass media
www.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 860 people around Finland. Aktia’s assets under management (AuM) on 31 December 2024 amounted to EUR 14.0 billion, and the balance sheet total was EUR 11.9 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.
Source: GlobeNewswire (MIL-OSI)
BOSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) — IP Fabric, the Automated Network Assurance Platform, today announced the launch of Firewall Policy Management in collaboration with Network to Code. IP Fabric integrates with Network to Code’s open source Enterprise Network Source of Truth and Automation Platform, Nautobot, to automate firewall rule creation, validation and deployment. The solution delivers vendor-neutral visibility, which is essential for enterprises managing multiple firewalls across on-premises and multi-cloud environments.
Many modern enterprises struggle with an inefficient and error-prone firewall rule request process. Application product owners frequently lack networking and vendor-specific expertise, creating time-consuming back-and-forth and forcing network engineers to manually verify network paths, correct request details and configure rules. This fragmented workflow leads to inefficiencies in firewall policy management and critical compliance gaps.
IP Fabric delivers an automated, integrated solution for security and visibility across multi-vendor environments by automatically discovering and contextualizing the entire network infrastructure. The platform applies more than 160 intent-based security and compliance checks to identify risks and inefficiencies. And Path Lookup determines which firewalls network traffic traverses, ensuring policies are correctly applied and up to date.
“With Skybox ceasing operations, there’s a gap for independent solutions that can automate cross-vendor firewall management,” said Pavel Bykov, CEO and co-founder of IP Fabric. “By combining our capabilities with Nautobot’s policy automation and remediation, we deliver a complete solution for enterprises managing multiple firewall policies across diverse environments.”
Integrated with Nautobot’s Application Dictionary and Firewall Modules App
By integrating with Nautobot’s Application Dictionary, IP Fabric leverages its vendor-agnostic firewall rule abstraction capability, allowing users to define high-level application connectivity requirements (e.g., “Connect App A to App B”) without needing to configure vendor-specific settings. Additionally, the integration with Nautobot’s Firewall Models App offers a structured data schema for modeling Layer 4 firewall policies and extended access control lists (ACLs), ensuring consistency and efficiency in firewall rule management.
“Two things are happening in tandem: Enterprises are deploying more firewalls across increasingly diverse environments, while cyber threats are growing more sophisticated,” said Jason Edelman, CTO and founder of Network to Code. “Traditional firewall management approaches simply can’t keep up — firewalls now have more to defend and are facing more advanced adversaries. A comprehensive and automated approach to firewall policy management is essential to ensuring enterprises stay secure, compliant and resilient against evolving threats.”
Key Benefits of IP Fabric and Network to Code’s Firewall Policy Management
For more information about IP Fabric Firewall Policy Management, visit the IP Fabric blog.
About IP Fabric
IP Fabric is the industry’s leading Automated Network Assurance Platform, offering a continuously validated view of cloud, network and security infrastructure to improve stability, security and spend. Within minutes, the platform creates a unified view of devices, state, configurations and interdependencies, normalizing multi-vendor data and revealing operational truth through automated compliance checks.
By uncovering risks and providing actionable insights, IP Fabric enables enterprises to accelerate IT and business transformation while reducing costs. Trusted by industry leaders like Red Hat, Major League Baseball and Air France, IP Fabric delivers the foundation for a secure and modern network.
Learn more at www.ipfabric.io and follow the company on LinkedIn.
About Network to Code
Network to Code is the foremost expert in network automation and has deployed more network automation projects than any other company in the world. Our network automation solutions help organizations transform the way their networks are deployed, managed and consumed. Through managed and professional services, NTC deploys data-driven network automation based on NetDevOps principles to improve reliability, efficiency and security while reducing costs. NTC is the creator of Nautobot, the leading open source Network Source of Truth and Automation platform.
Learn more at www.networktocode.com.
Media Contact
Liesse Jayalath
ipfabric@lookleftmarketing.com
Source: GlobeNewswire (MIL-OSI)
SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Gala is advancing blockchain interoperability with the launch of the Solana Bridge for GalaChain, enabling seamless asset transfers between GalaChain and Solana. As one of the fastest and most widely adopted blockchain networks, Solana’s integration enhances GalaChain’s accessibility and expands its role in the broader Web3 ecosystem.
The Solana Bridge strengthens GalaChain’s cross-chain functionality, providing users with more flexibility and control over their assets. Initially, $TRUMP is the first token supported for bridging, allowing users to transfer it to GalaChain where it will be received as $GTRUMP. Additional assets will be introduced soon, expanding cross-chain capabilities for token holders and developers alike.
Solana’s high-speed transactions and low fees make it an ideal blockchain for GalaChain’s expansion. By connecting to Solana, GalaChain users gain access to a wider DeFi and crypto ecosystem while maintaining the efficiency and security of GalaChain’s Layer 1 blockchain infrastructure. This integration reinforces Gala’s broader commitment to decentralization and seamless blockchain connectivity.
“Cross-chain interoperability is the future of Web3,” said Eric Schiermeyer, CEO and Founder of Gala. “Integrating GalaChain with Solana is a major step toward that vision, ensuring users can move assets freely and efficiently across chain ecosystems.”
The Solana Bridge launch is part of a broader initiative to enhance GalaChain’s ecosystem. Gala is currently in beta testing for its Gala Wallet app, which will provide users with an easy way to create or connect a GalaChain wallet, unlocking additional functionality across the platform.
For more details and updates, visit www.galagames.com or follow Gala on X, Telegram, or Discord.
About Gala
Gala, founded in 2019, is a pioneer in blockchain-based, groundbreaking platform built on GalaChain, a purpose-built Layer 1 blockchain tailored for Web3 applications in gaming, music, and film. By leveraging GalaChain’s decentralized architecture and high-performance capabilities, Gala is transforming digital asset ownership, offering players unprecedented control and value through blockchain-powered ecosystems.
Gala’s ecosystem is powered by GALA tokens, which are distributed daily based on an annual halving model. These tokens are split between the platform’s Founder’s Node operators and the Gala Conservatorship, reinforcing the company’s commitment to decentralization and community-driven growth. For more information visit www.galagames.com or follow Gala on X, Telegram, or Discord.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/90b18b3b-f3fb-4f52-8e67-c36a7a4de925
Source: GlobeNewswire (MIL-OSI)
ANDOVER, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) — Axyom.Core, a global leader in cloud-native wireless core and enterprise radio access network (RAN) solutions, today announced the launch of its best-in-class 5G Core for Fixed Wireless Access (FWA) services.
The expanding market for 5G FWA presents a significant opportunity for service providers to deploy scalable and high-performance solutions to meet customer needs. Axyom.Core’s FWA solution helps mobile service providers to efficiently respond to rapidly increasing customer demand.
The 5G Core is ideal for mobile service providers looking to expand or enhance their FWA offerings. Axyom.Core’s innovative platform provides high capacity, excellent throughput, flexibility, and improved quality of service, ensuring that service providers can meet the evolving needs of their customers.
5G FWA services have been on a dramatic growth trajectory in the U.S., realizing between 600,000 and 700,000 added subscribers per quarter, according to Opensignal, an independent analytics company.
Axyom.Core’s 5G Core combines the power of 5G and 4G technologies by offering both the SMF/PGW-C control plane and the UPF/PGW-U user plane, while delivering exceptional performance for FWA deployments. Designed to support service providers in expanded connectivity, Axyom.Core’s 5G FWA solution enables high-performance broadband for millions of subscribers, strengthening the company’s role in advancing next-generation network technology.
“We’re seeing a lot of demand from service providers for exactly this type of product with this set of features to address the growing market for FWA,” said Kurt Daniel, CEO of Axyom.Core. “Our 5G Core serves as an ideal solution for service providers looking to grow their business delivering FWA services to their customers.This is particularly crucial for rural and high-growth urban areas that require reliable and scalable connectivity solutions to bridge the digital divide and expand their reach.”
Trusted by six of the world’s top 10 communications service providers, Axyom.Core’s products include high-performance 4G and 5G converged core solutions, Femto core, security gateway, and enterprise RAN. The Axyom.Core platform offers unparalleled efficiency, scalability, and economics, ensuring that customers remain at the forefront of the rapidly evolving telecommunications landscape.
Attendees at Mobile World Congress from March 3-6 in Barcelona are invited to visit the Axyom.Core booth at Hall 2, Stand 2G11. Schedule a meeting at MWC to discuss how Axyom.Core can support your connectivity needs.
About Axyom.Core
Axyom.Core is a global leader in cloud-native wireless core and enterprise radio access network solutions, trusted by major communications service providers worldwide. Our advanced product portfolio includes high-performance 4G and 5G Converged core, Femto core, security gateway, and enterprise RAN units. Axyom.Core is dedicated to delivering innovative solutions that meet the evolving needs of the telecommunications industry. For more information, visit www.axyomcore.ai.
Source: GlobeNewswire (MIL-OSI)
Chicago, IL., Feb. 27, 2025 (GLOBE NEWSWIRE) — Applied Systems today announced that Merchants Insurance Group has gone live on Tarmika, the single-entry commercial lines quoting application powered by the Ivans Distribution Platform. Agents using Tarmika can now quote Merchants’ commercial lines BOP and Contractor products via the platform.
Merchants went live on Ask Kodiak in 2024, enabling agents utilizing Ask Kodiak to access the carrier’s most up-to-date appetite within their typical workflows. Because Ask Kodiak supports Ivans Distribution Platform quotes, Merchants was able to smoothly merge its appetite on Ask Kodiak with the Tarmika application.
Merchants Insurance Group is a leading regional property and casualty insurance carrier specializing in commercial lines. Merchants sells exclusively through independent insurance agents. Concentrated in the northeast United States, Merchants does business in Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, and Vermont.
Tarmika seamlessly integrates with Applied Epic and EZLynx and offers agents a streamlined quoting process where they can easily pass key risk data points between applications, ensuring a smooth and efficient quoting experience. This integration also allows agents to track activities and important quoting details directly in the management system, providing a comprehensive and convenient quoting solution.
Through a free online search tool, and APIs into many leading agency systems, Ask Kodiak enables producers to instantly identify carrier appetite when searching for markets to submit new and renewal business. The application enables producers to reduce dependency on traditional, more time-consuming methods of identifying appetite. Agencies can build new business opportunities with appointed carriers.
“As agents’ operations continue to modernize, they are demanding connected experiences from their carrier partners to make their day-to-day workflows more efficient,” said Graham Blackwell, president, Applied Systems. “We are thrilled to partner with Merchants on the Tarmika integration.”
# # #
About Applied Systems
Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.
Source: GlobeNewswire (MIL-OSI)
Naples, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced its financial results for the fiscal year ended December 31, 2024. The Company has also filed its annual report on Form 1-K with the U.S. Securities and Exchange Commission (SEC), which includes the audited financial statements and a comparative analysis of its 2024 and 2023 financial performance.
Key Financial Highlights for Fiscal Year 2024:
The decline in revenue was primarily due to a shift in the Company’s strategic focus, which involved the reassessment and reduction of certain accounts receivable and changes in its business model to focus on acquiring and trading royalty-generating intellectual property (IP) stakes rather than relying on traditional public performance rights operations.
Strategic Initiatives and 2025 Outlook
As previously announced, Music Licensing, Inc. is undergoing a significant transformation, focusing on the acquisition and monetization of royalty-generating intellectual property. This pivot is expected to provide more predictable, recurring revenue streams and enhance shareholder value over the long term. The Company has identified acquisition targets valued between $36 million and $250 million in royalty-generating IP assets for 2025, a strategic move designed to mitigate revenue volatility and ensure sustainable profitability.
In line with this transformation, Music Licensing, Inc. has made key investments in revenue-generating assets, including:
Management Commentary
“Our 2024 results reflect a transitional year as we reposition Music Licensing, Inc. for long-term success,” said Jake P. Noch, CEO of Music Licensing, Inc. “While the financials show a reduction in reported revenue and earnings, these changes align with our strategic shift to focus on acquiring high-quality, royalty-generating intellectual property. We are confident that these moves will drive sustainable growth and enhance shareholder value in the coming years.”
Regulatory Filings
The Company’s full audited financial results, along with the comparative analysis between 2024 and 2023, are available in the Form 1-K filed with the SEC. Investors and stakeholders can access the filing on the SEC’s website or the Company’s official website.
About Music Licensing, Inc. (OTC:SONG) (ProMusicRights.com)
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).
Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.
Non-Legal Advice Disclosure:
This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.
Non-Investment Advice Disclosure:
This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication
Contact: investors@ProMusicRights.com
SOURCE: Music Licensing, Inc.