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Category: GlobeNewswire

  • MIL-OSI: Nasdaq, Inc. Announces Pricing of Cash Tender Offers and Acceptance of $218 Million Outstanding Debt Securities

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq” or the “Company”) announced today the consideration payable in connection with its previously announced offers to purchase for cash up to an aggregate principal amount of $218,053,000 (the “Aggregate Notes Cap”) (reflecting an $18,053,000 increase from the previously announced cap of $200,000,000) of its outstanding Notes, comprised of (i) up to $41,360,000 aggregate principal amount (the “2028 Notes Cap”) of the Company’s 5.350% Senior Notes due 2028 (the “2028 Notes”), (ii) up to $57,583,000 aggregate principal amount (the “2034 Notes Cap”) of the Company’s 5.550% Senior Notes due 2034 (the “2034 Notes”) and (iii) up to $119,110,000 aggregate principal amount (the “2052 Notes Cap”) of the Company’s 3.950% Senior Notes due 2052 (the “2052 Notes”), for a total aggregate purchase price, excluding accrued and unpaid interest, of approximately $197 million. The 2028 Notes, the 2034 Notes and the 2052 Notes are referred to collectively herein as the “Notes,” such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer,” and the 2028 Notes Cap, the 2034 Notes Cap and the 2052 Notes Cap are referred to collectively herein as the “Series Notes Caps” and each a “Series Notes Cap.”

    The table below sets forth, among other things, the Total Consideration (as defined below) for each series of Notes, as calculated at 10:00 a.m., New York City time, today, February 25, 2025.

      Title of
    Security    		 Security
    Identifiers    		 Principal
    Amount
    Outstanding    		 Series Notes
    Cap    		 U.S. Treasury
    Reference
    Security    (1)    		 Fixed
    Spread
    (basis
    points)    		 Reference
    Yield    		 Total
    Consideration    (2)(3)
    2028 Tender Offer 5.350% Senior Notes due 2028 CUSIP:
    63111X AH4
    ISIN:
    US63111XAH44    		 $921,360,000 $41,360,000 4.250% UST due January 15, 2028 45 bps 4.109% $1,023.63
    2034 Tender Offer 5.550% Senior Notes due 2034 CUSIP:
    63111X AJ0
    ISIN:
    US63111XAJ00    		 $1,187,583,000 $57,583,000 4.250% UST due November 15, 2034 73 bps 4.311% $1,035.58
    2052 Tender Offer 3.950% Senior Notes due 2052 CUSIP:
    631103 AM0
    ISIN:
    US631103AM02    		 $549,105,000 $119,110,000 4.500% UST due November 15, 2054 82 bps 4.585% $794.48
    (1) The applicable page on Bloomberg from which the dealer manager quoted the bid side price of the U.S. Treasury Security is FIT1.
    (2) Per $1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date (as defined below) and accepted for purchase by the Company. Includes the Early Tender Premium (as defined below).
    (3) Does not include Accrued Interest (as defined below), which will also be payable as described below.
       

    The Tender Offers are being made upon the terms and subject to conditions described in the Offer to Purchase, dated February 10, 2025 (as it may be amended or supplemented from time to time, the “Offer to Purchase”), which sets forth a detailed description of the Tender Offers. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.

    Withdrawal rights for the Notes expired at 5:00 p.m., New York City time, on February 24, 2025 (the “Early Tender Date”). The Tender Offers for the Notes will continue to expire at 5:00 p.m., New York City time, on March 11, 2025, or any other date and time to which the Company extends the applicable Tender Offer, unless earlier terminated. As previously announced, all conditions were satisfied or waived by the Company at the Early Tender Date. As previously announced, the Company has elected to exercise its right to make payment for Notes that were validly tendered on or prior to the Early Tender Date and that are accepted for purchase on February 27, 2025 (the “Early Settlement Date”). As the aggregate principal amount of the Notes validly tendered and not validly withdrawn on or prior to the Early Tender Date exceeds the Aggregate Notes Cap, the Company will accept for purchase the Notes on a prorated basis and will not accept for purchase any Notes validly tendered after the Early Tender Date.

    The applicable consideration (the “Total Consideration”) listed in the table above will be paid per $1,000 principal amount of the Notes validly tendered (and not validly withdrawn) on or prior to the Early Tender Date and accepted for purchase pursuant to each Tender Offer on the Early Settlement Date. The Total Consideration includes an early tender premium of $30.00 per $1,000 principal amount of Notes accepted for purchase (the “Early Tender Premium”). Only holders of Notes who validly tendered and did not validly withdraw their Notes on or prior to the Early Tender Date are eligible to receive the applicable Total Consideration for Notes accepted for purchase. All holders of Notes accepted for purchase in the Tender Offers will receive accrued and unpaid interest on such Notes from the last interest payment date with respect to such Notes to, but not including, the Early Settlement Date (“Accrued Interest”).

    All Notes accepted for purchase will be retired and canceled and will no longer remain outstanding obligations of the Company.

    Information Relating to the Tender Offers

    The complete terms and conditions of the Tender Offers are set forth in the Offer to Purchase. J.P. Morgan Securities LLC is serving as dealer manager in connection with the Tender Offers. Investors with questions regarding the terms and conditions of the Tender Offers may contact the dealer manager as follows:

    J.P. Morgan Securities LLC
    383 Madison Avenue
    New York, New York 10179
    United States
    Attention: Liability Management Group
    U.S. Toll-Free: (866) 834-4666
    Collect: (212) 834-7489
     

    D.F. King & Co., Inc. is the Tender and Information Agent for the Tender Offers. Any questions regarding procedures for tendering Notes or request for copies of the Offer to Purchase should be directed to D.F. King & Co., Inc. by any of the following means: by telephone at (866) 342-4881 (toll-free) or (212) 269-5550 (collect) or by email at nasdaq@dfking.com.

    This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, the Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Tender Offers are being made solely pursuant to the Offer to Purchase made available to holders of the Notes. None of the Company or its affiliates, their respective boards of directors, the dealer manager, the tender and information agent or the trustee with respect to any series of Notes is making any recommendation as to whether or not holders should tender or refrain from tendering all or any portion of their Notes in response to the Tender Offers. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisors and make their own decisions whether to tender Notes in the Tender Offers, and, if so, the principal amount of Notes to tender.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence.

    Cautionary Note Regarding Forward Looking Statements

    This press release contains forward-looking information that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. When used in this communication, words such as “enables,” “intends,” “will,” and similar expressions and any other statements that are not historical facts are intended to identify forward-looking statements. Forward-looking statements in this press release include, among other things, statements about the proposed Tender Offers and the expected source of funds. Risks and uncertainties include, among other things, risks related to the ability of Nasdaq to consummate the Tender Offers on the terms and timing described herein, or at all, Nasdaq’s ability to implement its strategic vision, initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s reports filed on Forms 10-K, 10-Q and 8-K and in other filings Nasdaq makes with the SEC from time to time and available at www.sec.gov. These documents are also available under the Investor Relations section of the Company’s website at http://ir.nasdaq.com. The forward-looking statements included in this communication are made only as of the date hereof. Nasdaq disclaims any obligation to update these forward-looking statements, except as required by law.

    Media Relations Contacts:

    Nick Jannuzzi
    +1.973.760.1741
    Nicholas.Jannuzzi@Nasdaq.com

    Nick Eghtessad
    +1.929.996.8894
    Nick.Eghtessad@Nasdaq.com

    Investor Relations Contact:

    Ato Garrett
    +1.212.401.8737
    Ato.Garrett@Nasdaq.com

    NDAQF

    The MIL Network –

  • MIL-OSI: FINANCIAL 15 SPLIT CORP. Financial Results to November 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“the Company”) announces that its annual financial statements and management report of fund performance for the year ended November 30, 2024 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

           
           
    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com
           

    The MIL Network –

  • MIL-OSI: Sprott Inc. Declares Fourth Quarter 2024 Dividend

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a fourth quarter 2024 dividend of US$0.30 per common share, payable on March 25, 2025 to shareholders of record at the close of business on March 10, 2025.

    Registered shareholders who are residents of Canada as reflected in the Company’s shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co. (“CDS”), will receive their dividend in Canadian dollars, calculated based on the spot price exchange rate on March 25, 2025. Registered shareholders resident outside of Canada as reflected in Sprott’s shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in U.S. dollars. However, beneficial holders whose intermediary is a participant in CDS, may elect to change the currency of their dividend payments to U.S. dollars and can contact their broker for more details. Registered shareholders, other than CDS, who are residents of Canada and wish to receive their dividend in U.S. dollars should make arrangements to deposit their common shares with CDS, and make a currency election, prior to March 10, 2025.

    The dividend is designated as an eligible dividend for Canadian income tax purposes.

    About Sprott

    Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.

    Investor contact information:

    Glen Williams
    Managing Partner
    Investor and Institutional Client Relations
    (416) 943-4394
    gwilliams@sprott.com

    The MIL Network –

  • MIL-OSI: DIVIDEND 15 SPLIT CORP. II Financial Results to November 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (“the Company”) announces that its annual financial statements and management report of fund performance for the year ended November 30, 2024 are now available on the Company’s website at www.dividend15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com. 

    The MIL Network –

  • MIL-OSI: North American Financial 15 Split Corp. Financial Results to November 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (“the Company”) announces that its annual financial statements and management report of fund performance for the year ended November 30, 2024 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

    The MIL Network –

  • MIL-OSI: DIVIDEND 15 SPLIT CORP. Financial Results to November 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (“the Company”) announces that its annual financial statements and management report of fund performance for the year ended November 30, 2024 are now available on the Company’s website at www.dividend15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com.

    The MIL Network –

  • MIL-OSI: MRF 2025 Resource Limited Partnership Second Closing March 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Middlefield, on behalf of MRF 2025 Resource Limited Partnership (“MRF 2025” or the “Partnership”), is pleased to announce that it has completed the first closing of the initial public offering of MRF 2025 Class A and Class F units for total gross proceeds of $10.4 million. The maximum offering size is $50 million. The offering is being made in each of the provinces of Canada. The Partnership intends to have a second closing on March 26, 2025.

    The objectives of the Partnership are to provide investors with capital appreciation and significant tax benefits to enhance after-tax returns to limited partners, including the deductibility of 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio comprised primarily of equity securities of Canadian companies involved in the resource sector.

    Middlefield is a leading provider of flow-through share funds in Canada and has a strong track record of delivering positive after-tax returns. Since 1983, Middlefield has sponsored 70 public and private flow-through funds and has acted as agent or manager for over $2.5 billion of resource investments.

    The syndicate of agents for the offering is being co-led by CIBC Capital Markets and RBC Capital Markets and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Richardson Wealth Limited, Manulife Securities Incorporated, iA Private Wealth Inc., Canaccord Genuity Corp., Raymond James Ltd. and Wellington-Altus Private Wealth Inc.

    For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

    This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from your CIRO registered financial advisor using the contact information for such advisor. Investors should read the prospectus before making an investment decision.

    The MIL Network –

  • MIL-OSI: TEM Prepares to Launch Global P2P Marketplace for Digital Assets, Lucky Box Now Open

    Source: GlobeNewswire (MIL-OSI)

    JAKARTA, Indonesia, Feb. 25, 2025 (GLOBE NEWSWIRE) — TEM is preparing to launch a global P2P marketplace for secure and transparent trading of game items, NFTs, and cryptocurrencies.

    The platform will feature Trade-to-Earn (T2E) rewards, escrow-based transactions, NFT staking, and Lucky Box services to enhance user engagement and security.

    TEM’s Lucky Box feature is open, allowing users to earn rare game items, NFTs, and cryptocurrencies through daily logins, referrals, and platform activities.

    This rewards system adds excitement while providing real value to users.

    The upcoming P2P marketplace will support major cryptocurrencies like BTC, ETH, and USDT, as well as TEM’s native transaction token.

    Users will be able to trade game accounts, prepaid cards, unique NFTs, and more with escrow protection ensuring safe and fraud-free transactions.

    With multilingual support targeting markets like Indonesia, Vietnam, and Singapore, TEM aims to provide a seamless, secure, and rewarding experience for digital asset traders worldwide.

    Stay tuned for the official launch and start earning rewards today with Lucky Box and Trade-to-Earn (T2E)!

    For more details, visit the official website. https://tem.best/

    Try your luck now with Lucky Box Rewards! https://luckybox.tem.best

    Contact:
    Henry
    team@tem.best

    Disclaimer: This press release is provided by TEM. 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 and 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/582d8b07-fd14-4892-8c9f-987bb3028304

    The MIL Network –

  • MIL-OSI: AutoScheduler.AI Exhibits AI-Enhanced Warehouse Orchestration at ProMat 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) — AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator, will exhibit its award-winning platform at ProMat 2025 in Booth E11539. AutoScheduler booth visitors will learn how to maximize labor utilization, eliminate dock congestion, and optimize automation for peak efficiency.

    “Many supply chains struggle with uncoordinated workflows, unpredictable labor needs, and automation inefficiencies that increase costs and reduce productivity,” says Keith Moore, CEO of AutoScheduler.AI. “These challenges result in dock congestion, labor shortages, data silos, and disconnected automation. With AutoScheduler, companies gain optimum real-time workflows, leading to a fully optimized operation. Our solution prioritizes tasks instantly to streamline operations and improve bottom-line profits.”

    At booth #E11539, AutoScheduler.AI will be showcasing how AI-powered orchestration transforms operations to:

    • Boost labor efficiency and reduce costs
    • Level-load automation for maximum ROI
    • Eliminate dock congestion and streamline workflows

    AutoScheduler is hosting a Happy Hour on March 18. To register for the Happy Hour, visit:
    https://info.autoscheduler.ai/asi_promat_happyhour_2025?utm_campaign=8721832-ProMat%202025&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-_xiCihisd_9vNdl3SN6-aLu3tLSqAG3A7iBB0kDUuTSC-M54VRGE4af6aGAmGMmVBzbiim

    ProMat 2025 will showcase the world’s leading manufacturing and supply chain solution providers at McCormick Place in Chicago on March 17 – 20, 2025. In over 200 educational sessions, attendees will gain insights on the leading trends and innovations from thought leaders, see leading solution providers in action, and network with peers and suppliers from around the world to create strong business relationships.

    To schedule a meeting with AutoScheduler executives at the booth, visit: https://info.autoscheduler.ai/asi_promat_2025?utm_campaign=8721832-ProMat%202025&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-853U5Bi9-MNkact1dnl6IiojyVgAnRAlpBaYBSSKAkavYzn8MP3ccg3vhj4Tz1UtNQY5EU

    About AutoScheduler.AI

    AutoScheduler.AI empowers you to take full control of your warehouse with a cloud-based solution that seamlessly integrates with your existing WMS/LMS/YMS or any other solution. We automate critical tasks like labor scheduling, dock management, and task sequencing, ensuring everything runs smoothly and efficiently. You’ve already invested in the software to run your warehouse—what we do is provide the orchestration layer that ties it all together to make real-time data driven decisions. With AutoScheduler.AI, you get smart orchestration for a smarter, more agile warehouse. For more information, visit: http://www.autoscheduler.ai.

    Contact:
    Becky Boyd
    MediaFirst PR
    Becky@MediaFirst.Net
    Cell: (404) 421-8497 

    The MIL Network –

  • MIL-OSI: Reserve Launches Index Protocol; Bloomberg Indices, CoinDesk Indices, MarketVector, And More Join Launch

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 25, 2025 (GLOBE NEWSWIRE) —

    Reserve Index Protocol introduces DTFs, allowing anyone to create, trade, and redeem crypto index products with instant 24/7 access and real-time transparency.

    Today, ABC Labs, the team behind Reserve, launches their Reserve Index Protocol, which offers a first-of-its-kind, build-your-own ETF-like experience to crypto. The Index Protocol’s Decentralized Token Folios (DTFs) bring everyday investors and institutions the one-click, easy-to-use experience they’ve become accustomed to since the S&P 500 ETF revolutionized the investing world in 1992. Starting today, 12 index-based DTFs are available, including the Bloomberg Galaxy Crypto Index, CoinDesk DeFi Select Index, and MarketVector Token Terminal Fundamental Index by Re7 Labs; the Virtuals Index by Virtuals Protocol; the RWA Index and Large Cap DeFi Index by MEV Capital; and the Alpha Base Index by Altcoinist.com; and more.

    With over 50,000 new tokens launching daily, DTFs simplify the process of investing in crypto by bundling tokens into broad, diversified crypto indexes or emerging thematic narratives that empower investors to tap into sectors like DeFi, real-world assets (RWA), AI, and memes without the guesswork. Anyone can create a new DTF, and anyone can mint or redeem its tokens 24/7 in a single click. 

    “Our mission is to fight inflation and expand access to better financial products, and we firmly believe that crypto will be an integral part of the future financial landscape.” says Thomas Mattimore, CEO of ABC Labs. “We built the Reserve Index Protocol to become a ‘decentralized BlackRock,’ which we believe will open up the floodgates of creativity. Plus, by partnering with some of the premier index creators in the world, people can now easily get one-click exposure to this growing industry alongside trusted brand names.”
    “The integration of the MarketVector’s indexes into Reserve’s DTF platform through our partnership with Re7 Labs is an exciting moment for institutional-grade crypto indexing. By combining MarketVector’s proven methodology with Reserve’s trusted, permissionless infrastructure, we’re making regulated, professional-grade indexes more accessible while maintaining the transparency that institutional and retail investors demand,” says Martin Leinweber, Director of Digital Asset Research & Strategy at MarketVector Indexes.

    Like an ETF, each DTF unit is redeemable 1:1 for its underlying basket of assets. However, redemption happens via a smart contract, so anyone—not just authorized participants & market makers—can redeem. The underlying tokens remain in this contract, eliminating the need for a centralized custodian. Because DTFs operate on smart contracts, they can be governed by a decentralized body instead of a centralized investment company.

    The Reserve Index Protocol also adds a powerful new incentive mechanism where creators are given more control over how fees from native tokens launched on the Reserve Index Protocol are divided up. This incentive approach allows DTF creators to form teams, raise capital, offer liquidity incentives, and so on.

    “While ETFs revolutionized thematic investing, DTFs are completely redefining it. We’ve barely scratched the surface of what’s possible with onchain indexes, unlocking potential that was previously unimaginable. With Reserve’s Index Protocol, this is just the beginning,” says Connor Milner, Partnerships at Re7 Labs.

    For more information users can visit Reserve’s DTF announcement blog post here and follow them on (formerly Twitter). 

    About ABC Labs:
    ABC Labs is the team behind Reserve Yield Protocol and Reserve Index Protocol. Their mission is to fight inflation and expand access to better financial products.

    Contact

    Founder
    Margaret Hyde
    Margaret Hyde Consulting
    margaret@mhconsulting.io 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/162f7da7-63d0-47ee-8f61-1ac659501d63

    The MIL Network –

  • MIL-OSI: ASM announces fourth quarter 2024 results

    Source: GlobeNewswire (MIL-OSI)

    Almere, The Netherlands
    February 25, 2025, 6 p.m. CET

    Eighth consecutive year of double-digit full-year growth, outperforming WFE in 2024

    ASM International N.V. (Euronext Amsterdam: ASM) today reports its Q4 2024 results (unaudited).

    Financial highlights

    € million Q4 2023 Q3 2024 Q4 2024
    New orders 677.5 815.3 731.4
    yoy change % at constant currencies (14%) 30% 8%
           
    Revenue 632.9 778.6 809.0
    yoy change % at constant currencies (7%) 26% 27%
           
    Gross profit margin % 47.2  % 49.4 % 50.3  %
    Adjusted gross profit margin 1 47.9  % 49.4 % 50.3  %
           
    Operating result 131.5 215.2 222.3
    Operating result margin % 20.8  % 27.6  % 27.5  %
           
    Adjusted operating result 1 141.0 219.9 227.0
    Adjusted operating result margin 1 22.3  % 28.2  % 28.1  %
           
    Net earnings 90.9 127.9 225.8
    Adjusted net earnings 1 100.3 133.6 231.5

    1 Adjusted figures are non-IFRS performance measures. Refer to Annex 3 for a reconciliation of non-IFRS performance measures. 

    • New orders of €731 million in Q4 2024 increased YoY by 8% at constant currencies (also 8% as reported), with the increase again mainly driven by solid demand for gate-all-around (GAA) and high-bandwidth memory (HBM) DRAM.
    • Revenue of €809 million increased by 27% at constant currencies (increased by 28% as reported) from Q4 of last year and at the upper end of the guidance (€770-810 million).
    • YoY improvement in adjusted gross profit margin is due to strong mix.
    • Adjusted operating result margin increased to 28.1%, compared to 22.3% in Q4 2023 mainly due to higher gross margin and a moderation in SG&A, partially offset by higher investments in R&D.
    • Revenue for Q1 2025 is expected to be in the range of €810-850 million.

    Comment

    “ASM continued to deliver a solid performance in 2024. Sales increased by 12% at constant currencies, outperforming the wafer fab equipment (WFE) market which increased by a mid-single digit percentage in 2024. This marks our company’s eighth consecutive year of double-digit growth.” said Hichem M’Saad, CEO of ASM. “Revenue in Q4 2024 increased to €809 million, up 27% year-on-year at constant currencies and at the top end of our guidance of €770-810 million. The revenue increase in Q4 was driven by higher sales in leading-edge logic/foundry. Q4 bookings of €731 million increased, at constant currencies, by 8% from Q4 2023. Bookings were down from the level in Q3 2024, which was in part explained by order pull-ins from Q4 2024 to Q3 2024, as communicated last quarter. GAA-related orders increased strongly from Q3 to Q4, but this was offset by a drop in China demand. The gross margin came in at 50.3% in Q4 2024. Operating margin of 28.1% increased by nearly 6% points compared to Q4 2023.

    Growth in the WFE market was uneven in 2024: AI-related segments continued to increase strongly, but other parts of the market showed a mixed performance. For ASM, this meant strong momentum in our GAA-related applications. With the mix shifting from pilot-line to high-volume manufacturing, both quarterly GAA-related sales and orders increased strongly in the course of 2024.  We also saw a surge in demand for HBM-related, high-performance DRAM applications in 2024. This fueled a rebound in our total memory sales from a relatively low level of 11% in 2023 to a very strong level of 25% in 2024. Sales from the Chinese market remained strong in 2024, but dropped from the first half to the second half and also from Q3 to Q4, as expected. Sales in the power/analog/wafer market dropped by a significant double-digit percentage in 2024, reflecting the cyclical slowdown in the automotive and industrial end markets. Our SiC Epi increased by a mid-single digit percentage in 2024. While this was below our prior expectation of double-digit growth, we believe it was still a robust performance in view of significant weakening of the SiC market in 2024. 

    Financial results were again strong in 2024. Adjusted gross margin increased to 50.5% in 2024, supported by mix, a continued substantial contribution from the Chinese market, and improvements in our operations to reduce costs. In 2024, adjusted operating profit increased by 17%. We further stepped up adjusted net R&D spending (+20%) in view of our growing pipeline of opportunities, while the increase in adjusted SG&A expenses moderated (+3%), reflecting ongoing cost control. Free cash flow increased by 23% in 2024 to a record-high level of €548 million. 

    We remain on track towards our strategic targets and continue to invest in our people, in innovation and expansion, including in our planned new facilities in Hwaseong, Korea, and Scottsdale, Arizona.  We also made further strides in accelerating sustainability. We published our Climate Transition Plan last year, and, as a first milestone, we achieved our target of 100% renewable electricity in 2024, which contributed to a 52% drop in our combined Scope 1 and 2 GHG emissions.”

    Outlook

    Market conditions continue to be mixed looking into 2025, with WFE spending expected to increase slightly. Leading-edge logic/foundry is expected to show the highest growth in 2025. There have been some further shifts in capex forecasts among customers in this segment, but overall our forecast for a substantial increase in GAA-related sales in 2025 is unchanged. In memory, we expect healthy sales in 2025, supported by continued solid demand for HBM-related DRAM, although it is too early to tell if memory sales will be at the same very strong level as in 2024. The power/analog/wafer segments are still in a cyclical correction with no signs of a recovery in the near term. In SiC Epi, the outlook further weakened. Taking into account the recently announced new U.S. export controls and as communicated in our press release of December 4, 2024, our China revenue is expected to decrease in 2025, with equipment sales from this market falling in a range of low-to-high 20s percentage of total ASM revenue.

    We confirm our target for revenue in a range of €3.2-3.6 billion in 2025, but it is too early to provide a more specific forecast due to market uncertainty and as visibility for the second half of the year is still limited.
    At constant currencies, we expect revenue for Q1 2025 to be in a range of €810-850 million, with a projected further increase in Q2 compared to Q1.

    Share buyback program

    ASM announces today that its Management Board authorized a new repurchase program of up to €150 million of the company’s common shares within the 2025/2026 time frame. This repurchase program is part of ASM’s commitment to use excess cash for the benefit of its shareholders.

    Dividend proposal

    ASM will propose to the forthcoming 2025 Annual General Meeting on May 12, 2025, to declare a regular dividend of €3.00 per common share over 2024, up from €2.75 per common share over 2023.

    Modification in spares & service revenue reporting definition

    Effective 2025, ASM will include installation and qualification revenue as part of spares & services revenue aligning with our business organization structure at ASM. Further details of the quarterly and full-year impact on 2024 revenue can be found in annex 4.

    About ASM

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Cautionary note regarding forward-looking statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics, pandemics and other risks indicated in the company’s reports and financial statements. The company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.

    This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Quarterly earnings conference call details

    ASM will host the quarterly earnings conference call and webcast on Wednesday, February 26, 2025, at 3:00 p.m. CET.

    Conference-call participants should pre-register using this link to receive the dial-in numbers, passcode and a personal PIN, which are required to access the conference call.

    A simultaneous audio webcast and replay will be accessible at this link.

    Contacts  
    Investor and media relations Investor relations
    Victor Bareño Valentina Fantigrossi
    T: +31 88 100 8500 T: +31 88 100 8502
    E: investor.relations@asm.com E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Clicks brings its award-winning iPhone keyboard case to Google, Motorola and Samsung smartphones

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 25, 2025 (GLOBE NEWSWIRE) — Clicks Technology today announced the first three Clicks Keyboards for Android smartphones. Building on the popularity of Clicks for iPhone introduced last year, Clicks extends a premium typing experience, more screen real estate and keyboard shortcuts to owners of Google Pixel, Motorola Razr and Samsung Galaxy smartphones. Available for pre-order today, Clicks for Android smartphones will start shipping beginning in April.

    Watch the launch video.

    “Android phones are loved for the choice over hardware, software and experience they offer,” said Michael Fisher, Clicks co-founder and YouTube tech reviewer (MrMobile) with 1.2 million subscribers. “Clicks gives the Android community more choice over how to type, navigate and take action with a smart accessory that’s as fun as it is functional.”

    Clicks for Motorola Razr redefines the fun and functionality of flip phones

    Clicks unlocks a new way to use the Motorola Razr. Text, email, chat and game without needing to flip open the phone by combining the size and smarts of the external display with a real keyboard. Compatible with Motorola Razr and Razr+ (2024). Available in two colors: Electric (blue) and Onyx (black).

    Clicks for Pixel: More Control. More Screen. More Personalization.

    Clicks enhances the Pixel with tactile buttons, a full-screen experience, and powerful shortcuts that enable productivity and personalization. Plus, Clicks gives Pixel support for wireless charging with a strong magnetic array built into the enclosure. Compatible with Pixel 9 Pro and Pixel 9. Available in two colors: Surge (high-vis yellow-green) and Onyx (black).

    Clicks for Samsung Galaxy: Unlock the Full Potential of Galaxy

    Clicks supercharges the Samsung Galaxy with a premium typing experience engineered for speed and accuracy. Maximize every bit of the S25’s 6.2” display by moving the virtual keyboard off screen. Put Samsung AI at your fingertips with keyboard shortcuts. Compatible with Samsung Galaxy S25. Available in two colors: Pinot (red) and Onyx (black).

    Expanding the audience for Clicks

    With over 100,000 keyboards sold in more than 100 countries, Clicks is changing the way people use their smartphones.

    “Over the last year we’ve heard stories from customers about how Clicks is helping them do more from their phone without waiting to get back to their desk,” said Jeff Gadway, Clicks co-founder and CMO. “With customers ranging from the CEOs of Fortune 100 companies, best-selling authors and world leaders to students, entrepreneurs and mobile professionals, we’re proud to be helping people take action.”

    Adding a Clicks Keyboard to a Pixel, Razr or Galaxy smartphone combines the benefits of buttons with the power of Android in a seamless experience.

    • Premium Typing Experience. Type with speed and confidence with ergonomically designed keys that provide satisfying tactile feedback.
    • 50% More Screen. By moving the keyboard off the display Clicks frees up screen space for apps and content.
    • Keyboard Shortcuts. Launch your favourite apps and navigate Android.
    • Gemini Key. Launch AI features at the push of a button.
    • Keyboard Backlight. Backlit keys make typing in low light a breeze.
    • Clicks App. Customize and personalize your typing experience.
    • Charge Your Phone as Normal. Clicks connects through USB-C so there’s no battery to charge or bluetooth connection to pair.
    • Easy on and off. Add a compact, lightweight keyboard when needed, or leave it on all the time.
    • Protection & personality. Clicks protects your phone and grabs attention wherever you go.

    Launch Pricing and Availability

    • Google Pixel 9 and Pixel 9 Pro: Pre-orders begin February 25 at an introductory price of USD $99, available until March 21. After this date, the price increases to USD $139. Orders will begin shipping at the end of April.
    • Motorola Razr+ and Razr (2024): Reservations open February 25 for USD $49 to secure a special launch price of USD $99 until March 21. After March 21, pre-orders remain available for USD $49, but the final price increases to USD $139. Shipping starts in late May.
    • Samsung Galaxy S25: Reservations open starting February 25 for USD $49 to lock in a limited-time USD $99 launch price until March 21. After this period, pre-orders remain open for USD $49, with the final price increasing to USD $139. Shipping begins in June.

    Order Clicks for Android exclusively at Clicks.tech. Follow Clicks for updates on Instagram (@ClicksKeys) and on YouTube (@ClicksKeys).

    About Clicks Technology:
    Clicks designs and manufactures innovative smart accessories that enhance the modern mobile experience. Founded by a team of industry veterans with decades of experience at some of the world’s leading tech brands, Clicks products blend form and function to give customers clever new ways to engage with technology. For more information on Clicks, visit clicks.tech.

    MEDIA CONTACT
    Praytell – clicks@praytellagency.com

    DISTRIBUTOR PARTNER CONTACT
    Johnathan Young – partners@clicks.tech

    SOCIALS
    Instagram – @ClicksKeys
    YouTube – @ClicksKeys

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1212c169-bdd2-46bb-92c8-58680d6e5889
    https://www.globenewswire.com/NewsRoom/AttachmentNg/25e30f1c-6488-437c-ab95-7b3934c4de34
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b6c0afc6-895c-4419-a2d5-2f77536d8d1e
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b5234ee4-fcb5-4303-89f4-b6428b584fd2
    https://www.globenewswire.com/NewsRoom/AttachmentNg/827a5d2e-6530-4238-9506-199b324b6323

    A video accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/de1db1fd-6a66-4160-82c0-913f1a7f59a3

    The MIL Network –

  • MIL-OSI: New Report from Dash Social Shows How Brands Are Driving Growth Through Creator Partnerships

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — Social media is undergoing a seismic shift, and the power is in the hands of creators. According to Dash Social’s latest Social Media Trends Report, The Creator Effect: Redefining Social Media Growth for Brands, creators are no longer simply influencers, they are key drivers of engagement, community and brand growth.

    Last year, creator-led content on Instagram saw a 13% rise in engagements, while TikTok soared by 46%. The report, which analyzes social media trends across more than 300 creators and brands, unveils a key finding: brands that prioritize creator partnerships will be best positioned for success in 2025.

    The Rise of the Creator-First Era

    As social platforms evolve, consumer expectations have shifted. People no longer want to simply follow brands, they want to connect with the real people behind them.

    “The relationship between brands and creators is no longer transactional — it’s transformational,” the report states. “Creators give brands a face, a voice, and, most importantly, a connection to communities that are highly engaged and eager to share.”

    The report highlights how creators drive distinct outcomes for brands across platforms:

    • TikTok is the ultimate awareness engine, with creators helping brands reach new audiences and go viral.
    • Instagram creators drive deeper audience engagement, generating 17% more likes and 30% more comments than creators on TikTok.
    • Shares are the new currency of social success, with TikTok creator content being 10x more shareable than brand-created content.

    Brands like BÉIS and Crumbl are already proving the power of creator partnerships:

    • BÉIS saw a 200% spike in TikTok comments in 2024 after expanding beyond founder-led content to include bold creator strategies.
    • Crumbl has tapped into creator strategies to master the art of viral, shareable content, turning cookie taste tests into 21 million TikTok profile views and 1.5 TikTok shares.

    “Social media success no longer belongs to the brands that post the most, it belongs to the brands that create the most meaningful connections,” says Thomas Rankin, Co-Founder and CEO, Dash Social. “Creators are the bridge between brands and audiences, and The Creator Effect proves that investing in them isn’t optional, it’s essential.”

    Download the Full Report

    To explore the full findings and discover how brands can redefine their social media strategies with creator-led content, download The Creator Effect: Redefining Social Media Growth for Brands here.

    Contact

    For all PR and media inquiries or to speak with a representative regarding this press release, please contact pr@dashsocial.com.

    About Dash Social

    Dash Social is a social media management platform that equips brands with intelligence and speed to stay ahead of the curve. Through its sophisticated cross-channel insights and workflow tools, Dash Social enables brands to create content that entertains, engages and drives consistent business results. To discover how Dash Social empowers brands to outsmart social, visit dashsocial.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cba0e824-9a4d-40ce-904d-29d5ab7a8bb9

    The MIL Network –

  • MIL-OSI: Coface SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on February 21, 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on February 21, 2025

    Paris, 25 February – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

    • Trading session of (Date): 21/02/2025
    • Number of shares: 10,000
    • Weighted average price: 16.0826 €
    • Gross amount: 160,826.70 €
    • MIC: XPAR
    • Purpose of buyback: LTIP 

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

    Attachment

    The MIL Network –

  • MIL-OSI: Progressive Announces Investor Relations Event

    Source: GlobeNewswire (MIL-OSI)

    MAYFIELD VILLAGE, OHIO, Feb. 25, 2025 (GLOBE NEWSWIRE) — As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Tuesday, March 4, 2025, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximate 45-minute presentation on our claims process and technology, followed by a question-and-answer session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online.

    On March 3, 2025, Progressive expects to file its Annual Report on Form 10-K with the Securities and Exchange Commission and post its Shareholders’ Report, including the Letter to Shareholders from Tricia Griffith, to its website at www.progressive.com/annualreport.

    To receive the details on how to access the call or to join the webcast, visit Progressive’s website at https://investors.progressive.com/events/default.aspx.

    Replays of the webcast will be available approximately two hours after the call concludes. The archived webcast will be able to be accessed from Progressive’s website at https://investors.progressive.com/events/default.aspx and will remain available until March 5, 2026.

    About Progressive
    Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

    Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. 

    Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

    The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

    Company Contact:
    Douglas S. Constantine
    (440) 395-3707
    investor_relations@progressive.com

    The Progressive Corporation
    300 North Commons Blvd.
    Mayfield Village, Ohio 44143
    http://www.progressive.com

    The MIL Network –

  • MIL-OSI: Bitcoin Depot Adds Another 11 BTC to its Treasury

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has purchased an additional 11.1 Bitcoin as part of its treasury strategy, first announced in June of last year.

    This purchase comes three weeks after the Company’s purchase of 51 Bitcoin earlier this month, bringing its total treasury holdings to 82.6 BTC.

    “Adopting Bitcoin as part of our treasury strategy underscores our long-standing belief in Bitcoin as a significant financial asset and a store of value,” said Brandon Mintz, CEO of Bitcoin Depot. “We have always believed in providing easy access to Bitcoin for everyone, and this move reaffirms our confidence in Bitcoin’s potential for growth.”

    About Bitcoin Depot
    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com.

    Cautionary Statement Regarding Forward-Looking Statements
    This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

    These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

    We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

    Contacts:

    Investors 
    Cody Slach
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network –

  • MIL-OSI: The World’s Most Attractive Investment Migration Programs in 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 25, 2025 (GLOBE NEWSWIRE) — Malta retains 1st place in the 2025 Global Citizenship Program Index for the 10th consecutive year, while Greece reaches the top of the 2025 Global Residence Program Index for the first time, highlighting the dominance of European residence and citizenship by investment programs on Henley & Partners’ annual rankings of the most important investment migration programs in the world. 

    The firm onboarded clients from 94 different nationalities in 2024 and received enquiries from over 180 countries. US nationals accounted for 23% of all applications processed by Henley & Partners last year, totaling nearly as many as the next four client nationality groups — Indians, Turkish, Filipinos, and Brits — combined. Comparing 2024 US-American client numbers to five years ago (2019), there has been a staggering increase of over 1,000%. Last year was also record-breaking for the UK, with a 57% increase in the number of applications submitted by British citizens in 2024 versus 2023.

    The two indexes — featured in the 2025 edition of the annual Investment Migration Programs report — offer a systematic analysis and comprehensive benchmarking of the world’s most attractive residence and citizenship by investment offerings, providing the gold standard in the sector. Interactive digital comparisons of the programs are also available, enabling global investors and wealthy families to select what matters most to them when weighing up their options.

    Dr. Christian H. Kaelin, Chairman of Henley & Partners, says, “the publication is important for governments and policy makers looking to attract and retain wealth to achieve greater fiscal autonomy and economic growth. In this era of heightened global volatility, nation states are using residence and citizenship by investment programs as an innovative financing tool to fund development initiatives that mitigate sustainability and climate-related risks, and that directly benefit their citizens. For investors, alternative residence and citizenship is a unique investment that enables them to be as globally diversified as their wealth portfolios.”

    Citizenship programs: Malta remains the gold standard

    The Global Citizenship Program Index ranks 14 programs, with the strategically located European nation of Malta scoring 76 out of 100 and taking top honors for the 10th consecutive year. Retaining 2nd place with a score of 75 is Austria’s premium citizenship by investment offering, which requires applicants to make a substantial contribution to the country’s economy. The next two ranks are occupied by Caribbean island nations: Grenada 3rd with a score of 69, and Antigua and Barbuda 4th with 67.

    Three other Small Island Developing States (SIDS) share the 5th spot, each scoring 66: newcomer to the index, Nauru, along with St. Kitts and Nevis and St. Lucia. Nauru’s citizenship program offers significant advantages in global mobility, granting an alternative and safe passport to travel on, with visa-free access to some of the world’s key wealth hubs. Successful applicants will also be contributing to climate crisis solutions in the South Pacific, where SIDS face rising sea levels and biodiversity loss, with the funds channeled into development projects, including climate resilience initiatives, infrastructure improvements, renewable energy projects, and sustainable economic diversification.

    Residence programs: Greece takes the crown

    In the 2025 Global Residence Program Index, which ranks 26 programs, Greece’s popular golden visa program secures top spot with a score of 73 out of 100, toppling Portugal, which has held or shared first place for the past nine years. Portugal now ranks joint 3rd with Italy and the UK, all scoring 70, while Switzerland, which has an option developed by Henley & Partners that combines private residence with Swiss forfait tax provisions, ranks 2nd with a score of 72.

    Australia, which recently launched its National Innovation Visa (NIV) Program to attract high-level tech skills, Canada, which introduced changes to its Start-Up Visa Program to enhance its appeal and flexibility for entrepreneurs, and Spain (due to close in early 2025) are all joint 4th, each scoring 69, and the UAE, which strategically expanded its golden visa program last year to attract top talent and drive growth and innovation, rounds up the Top 5 with a score of 68.

    One of two new entrants to the index in 2025 is Hungary which ranks 6th with a score of 67. Small but powerful wealth hubs — Luxembourg and Singapore — occupy the 7th and 8th spots, scoring 66 and 65, respectively, while two others share the 9th spot: Jersey and Panama, both scoring 64. Costa Rica, the second newcomer to the index, rounds up the Top 10 with a score of 63 out of 100 and offers investors and their families a business-friendly landscape, a favorable tax regime, and a safe environment in Central America.

    Read Full Press Release

    Media Contact: Sarah Nicklin

    sarah.nicklin@henleyglobal.com

    Mobile +27 72 464 8965

    The MIL Network –

  • MIL-OSI: Ponemon Cybersecurity Report: Insider Risk Management Enabling Early Breach Detection and Mitigation

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) — DTEX Systems, the trusted leader of insider risk management, today announced the findings of the 2025 Cost of Insider Risks Global Report, independently conducted by the Ponemon Institute. For the first time since the inception of the report, the average time to contain an insider incident has declined (81 days, down from 86 in 2023).

    The decrease comes amid growing adoption of insider risk management solutions. The findings show that organizations are spending 16.5% of their annual IT security budget on insider risk management – up from 8.2% in 2023. Eighty-one percent of organizations now have or are planning to have an insider risk management program. Notably, of those with an insider risk management program, 65% say their program was the only security strategy that enabled them to pre-empt a data breach by detecting insider risk early. Meanwhile, 63% of respondents cited faster breach response as a top outcome of early insider risk detection.

    “With escalating foreign interference, global remote workforces, and a rapidly shifting political landscape, the need for proactive insider risk management has never been greater. Insider-driven security incidents result in significant financial and reputational costs. However, organizations investing in dedicated insider risk management programs are achieving faster containment or preventing incidents entirely—a decisive win in the fight against data loss,” DTEX Systems CEO Marshall Heilman said.

    “The findings underscore the importance of insider risk management as an essential component of security and highlight key opportunities for governments, critical infrastructure, and commercial organizations to protect sensitive data and maintain operational integrity in an increasingly volatile threat landscape.”

    Now in its sixth edition, the 2025 Cost of Insider Risks Global Report is a comprehensive study designed to understand the financial consequences of insider risks caused by negligent or mistaken employees, outsmarted employees (including insider incidents related to credential theft), or malicious insiders. This year’s report examines how organizations are funding their insider risk management programs and introduces new data evaluating the effectiveness.

    “Our research findings highlight the growing need to drive awareness of the increasing costs of insider risks, often occurring due to employee negligence while handling sensitive data,” Ponemon Institute Chairman and Founder Larry Ponemon said.

    “This study helps materialize risk by shining light on the increasing cost behind an incident to help organizations reduce containment time and ultimately, reduce cost.”

    Key findings of the 2025 Cost of Insider Risks Global Report include:

    • Post-incident activity costs have climbed significantly, contributing to a higher average annualized cost of insider risk: $17.4M — up from $16.2M in 2023. The average costs of containment ($211,021) and incident response ($154,819) are the most expensive activity cost centers (up from $179,209 and $113,635 in 2023 respectively). Escalation is the least costly activity center at $32,242.
    • For the first time since the inception of the report, the time to contain an insider incident has declined. The average time to contain an insider incident has reduced to 81 days, down from 86 days in 2023.
    • Insider risk management is affording companies a proactive approach to security through early insider risk detection. 65% said their insider risk management program was the only security strategy that effectively enabled them to pre-empt a data breach by detecting insider risk early.
    • Companies with an insider risk management program are saving time, money, and reputational damage associated with a breach. When asked the top three outcomes of having an insider risk management program, 63% said saved time in responding to a breach, 61% said protected brand reputation, and 59% said saved money lost in a breach.
    • Organizations are increasingly adopting insider risk management. The amount of IT security budget allocated to insider risk management has more than doubled, rising from 8.2% in 2023 to 16.5%. Additionally, 81% of companies now have or plan to have an insider risk management program, up from 77% in 2023.
    • Companies expect insider risk management budgets to increase. 45% say the current level of funding is inadequate. 46% expect a mild to significant increase in funding in 2025.
    • About half of organizations (49%) agree that technology consolidation is essential or very important. The top three driving factors, ranked by importance, are cost savings (85%), reduced complexity (64%), and faster detection times (61%), followed by scalability (48%), and actionable data (42%).
    • More than half (51%) of organizations say AI and machine learning are essential or very important in the detection and prevention of insider risks. The top three driving factors, ranked by importance, are reduced investigation times (70%), improved behavioral insights (59%), and lowered skillset for insider risk analysts (58%).
    • Health and pharma have the highest average activity costs. The average activity cost for health and pharma is $29.2M, followed by technology and software ($23M).
    • The most prevalent insider security incident continues to be caused by negligent or careless employees. 55% of incidents are due to employee negligence or mistakes, while 25% of incidents are caused by malicious insiders, and 20% by outsmarted insiders.

    Sponsored by DTEX Systems, the 2025 Cost of Insider Risks Global Report is based on responses from 8,306 IT and IT security practitioners in 349 organizations across North America, Europe, Middle East, Africa, and Asia-Pacific region.

    Read the complete 2025 Cost of Insider Risks Global Report here.

    Join Dr. Larry Ponemon, DTEX CTO Rajan Koo and national security veteran Christopher Burgess on March 12 for a webcast on the key findings and turning insights into action.

    About DTEX Systems
    As the trusted leader of insider risk management, DTEX transforms enterprise security by displacing reactive tools with a proactive solution that stops insider risks from becoming data breaches. DTEX InTERCEPT™ consolidates data loss prevention, user activity monitoring, and user behavior analytics in one lightweight platform to enable organizations to achieve a trusted and protected workforce. Backed by behavioral science, powered by AI, and used by governments and organizations around the world, DTEX is the trusted authority for protecting data and people at scale with privacy by design.

    To learn more about DTEX, visit dtexsystems.com
    Connect with DTEX: LinkedIn | Twitter | YouTube

    Media Contact
    Mariah Gauthier
    dtex@highwirepr.com

    The MIL Network –

  • MIL-OSI: Andes Technology and proteanTecs Partner to Bring Performance and Reliability Monitoring to RISC-V Cores

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and HAIFA, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) — proteanTecs’ on-chip monitoring successfully integrated into the AndesCore™ AX45MPV RISC-V multicore vector processor

    Andes Technology Corporation (TWSE: 6533), a leading supplier of RISC-V processor IP, and proteanTecs, a global leader of health and performance monitoring solutions for advanced electronics, today announced a strategic partnership. This collaboration enables joint customers to seamlessly integrate proteanTecs’ on-chip monitoring IP into Andes’ RISC-V processor cores. Customers can then leverage proteanTecs’ real-time analytics software applications to optimize performance, reduce power consumption, detect faults, and enhance overall system reliability, during production and lifetime operation.

    To kick off their partnership, proteanTecs’ monitoring IP has been successfully integrated on the AndesCore™ AX45MPV, a popular 64-bit RISC-V multicore vector processor. Equipped with powerful RISC-V vector processing and parallel execution capability, this core has been adopted by over a dozen applications with large data sets, such as AI inference and training, signal processing, and scientific computing since released in 2022. By pre-validating this IP integration, customers can easily design in this licensed core, shorten their development time and accelerate their time-to-market.

    “proteanTecs offers the industry’s most comprehensive and robust on-chip monitoring solutions,” said Dr. Charlie Su, CTO and President at Andes Technology. “As chip complexity increases, monitoring is paramount, especially in AI applications. proteanTecs’ deep data insights will empower our mutual customers to optimize their designs, improve their power/performance envelope, proactively prevent faults, and deliver superior products faster.”

    This partnership underscores the continued commitment of Andes Technology and proteanTecs in advancing the RISC-V open standard. Reports estimate that by 2030 there will be over 16 billion RISC-V-based SoC units shipped annually.[1] Both Andes Technology and proteanTecs are active members of RISC-V International, the global non-profit organization devoted to furthering the RISC-V Instruction Set Architecture (ISA). Andes is a founding Premier member of RISC-V International, and proteanTecs is a Strategic Member.

    “With the rapid growth of high-performance applications, high compute density and advanced packaging technologies—especially in evolving AI models and workloads—on-chip monitoring is no longer a luxury, but a necessity,” said Uzi Baruch, Chief Strategy Officer (CSO) at proteanTecs. “Partnering with Andes Technology—a key player in the RISC-V ecosystem and AI core development—brings the value of proteanTecs’ solutions to a wider range of SoC devices. These benefits extend beyond production into the field, with real-time monitoring applications that enable proactive fault prevention and the unique ability to reduce power and increase performance in mission-mode.”

    Andes and proteanTecs will discuss their ongoing partnership at upcoming RISC-V events. Interested parties can reach out to marketing@proteantecs.com for more information and the relevant deliverables.  

    About Andes Technology

    As a Founding Premier member of RISC-V International and a leader in commercial CPU IP, Andes Technology (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099) is driving the global adoption of RISC-V. Andes’ extensive RISC-V Processor IP portfolio spans from ultra-efficient 32-bit CPUs to high-performance 64-bit Out-of-Order multiprocessor coherent clusters. With advanced vector processing, DSP capabilities, the powerful Andes Automated Custom Extension (ACE) framework, end-to-end AI hardware/software stack, ISO 26262 certification with full compliance, and a robust software ecosystem, Andes unlocks the full potential of RISC-V, empowering customers to accelerate innovation across AI, automotive, communications, consumer electronics, data centers, and mobile devices. Over 16 billion Andes-powered SoCs are driving innovations globally. Discover more at www.andestech.com and connect with Andes on LinkedIn, X (formerly Twitter), Bilibili and YouTube.

    About proteanTecs

    proteanTecs is the leading provider of deep data analytics for advanced electronics monitoring. Trusted by global leaders in the AI, datacenter, automotive, communications and mobile markets, the company provides system health and performance monitoring, from production to the field. By applying machine learning to novel data created by on-chip monitors, the company’s deep data analytics solutions deliver unparalleled visibility and actionable insights—leading to new levels of power, quality and reliability. The company is headquartered in Israel and has offices in the United States, India, South Korea and Taiwan. For more information, visit www.proteanTecs.com.

    [1] “RISC-V Market Report: Application Forecasts in a Heterogenous World,” The SHD Group, Jan. 2024. 

    Press Contacts:

    proteanTecs

    Jennifer Scher, Media Relations

    jennifer.s@proteantecs.com

    		 Andes Technology

    Ruby Tseng, Deputy Manager Marketing Division

    ruby670@andestech.com

    The MIL Network –

  • MIL-OSI: Ascent Cloud Announces Geopointe and LevelEleven Actions Powered by Agentforce

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, Feb. 25, 2025 (GLOBE NEWSWIRE) — Ascent Cloud today announced Geopointe and LevelEleven Agentforce Actions to unlock critical insights for sales and revenue teams. With Ascent Cloud’s agent actions for Geopointe and LevelEleven, customers can extend agent capabilities to help field sales teams execute more effectively and motivate team members autonomously.

    Agentforce is the agentic layer of the Salesforce platform for deploying autonomous AI agents across any business function. Agentforce includes a set of tools to create and customize agents, as well as a library of pre-built skills for any use case across sales, service, marketing and commerce, MuleSoft, Tableau, Slack, partners and more.

    Agentforce introduces a library of ready-to-use skills – packaged topics and actions to get work done, including skills from Ascent Cloud on the AppExchange – all grounded on the data and metadata of your org. Agentforce is backed by the first-ever enterprise ecosystem of agent skills, enabling partners and customers to extend their Agentforce with custom Topics and Actions ranging from new agent types to new, partner-built actions.

    Ascent Cloud’s agent actions for Agentforce can be integrated into customers’ existing Salesforce agents in Agent Builder or discovered on Salesforce AppExchange, the leading enterprise cloud marketplace.

    Customers can now use agents and Geopointe agent actions to automatically build business trip plans and prospecting lists based on geographic insights into your Salesforce data. Customers can also streamline recognition and achievement by using agents and LevelEleven agent actions to give badges anywhere inside Salesforce.

    “We are thrilled to provide our customers with Agentforce actions for Geopointe and LevelEleven,” said David Leinweber, CEO of Ascent Cloud. “These and future enhancements will unlock greater insights that drive performance for sales teams. We will be introducing additional complementary enhancements throughout 2025.”

    “Salesforce’s leading partner ecosystem is at the forefront of the AI enterprise, where humans and AI come together through autonomous Agents and Agent Actions,” said Brian Landsman, EVP, Global Technology Partners, Salesforce. “These latest innovations boost scale, efficiency, and satisfaction across a variety of use cases, while enabling Agents to execute complex tasks across an organization’s technology stack. We look forward to seeing our customers take full advantage of these and experience better business outcomes.”

    Ascent Cloud’s Agentforce Actions for Geopointe and LevelEleven are now available on Salesforce’s AppExchange.

    Additional Resources

    Salesforce, Agentforce and others are among the trademarks of Salesforce, Inc.

    About Ascent Cloud
    Ascent Cloud helps companies Plan, Execute, and Grow with its industry-leading sales performance management solutions. Plan and optimize your territories with Territory Planner. Execute your go-to-market strategy with Geopointe. Grow your team members with LevelEleven.

    Geopointe is a geolocation solution that location-enables CRM data to help companies geographically visualize accounts, opportunities, and other critical business information. With Geopointe, sales teams can efficiently execute with optimized routes, territory management, and geoanalytics.

    LevelEleven is a gamification and coaching solution that helps companies drive the behaviors that lead to sales and customer retention. With LevelEleven, sales leaders are able to motivate and coach their teams to better outcomes.

    Media Contact:
    Steve Gravel
    Ascent Cloud
    (800) 932-3779
    steve.gravel@ascentcloud.io

    The MIL Network –

  • MIL-OSI: ITS Logistics February Supply Chain Report: Warehouse Lease Costs Stay High, Truckload Contract & Spot Rates See Dip After January Boost

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 25, 2025 (GLOBE NEWSWIRE) — ITS Logistics released the February ITS Supply Chain Report. This month, the report confirms truckload rates fell while warehouse lease prices remained high. In addition, 2025 has started strong for the stock and bond markets, with above-average growth making a promising case for strong economic performance throughout the year.

    “Contract and spot rates across reefer and dry vans held strong in January before dipping slightly in February,” said Josh Allen, Chief Commercial Officer for ITS Logistics. “Available capacity in the spot market continues to ease following mid-February’s rate decrease, though moving averages remained above those of 2024. Macro volumes decreased by roughly 5% but are anticipated to increase for reefers as we kick off produce season.”

    According to Truckstop and FTR, dry van spot rates were at their lowest level since late September 2024. Refrigerated spot rates fell to their lowest level since April 2024, and flatbed spot rates continued their general firming in 2025. Furthermore, flatbed spot rates were at their highest level since late October 2024.

    Van rates saw marginal decreases in both spot and contract rates heading into February. Reefer rates also saw dips in contract rates, with spot rates decreasing slightly more than those for dry vans. Available capacity continues to ease following last week’s $0.03/mile decrease to a national seven-day rolling average of $1.66/mile, $0.02/mile higher than last year. Volumes were down 5% last week, and DAT’s Top 50 lanes confirmed carriers received an average of $1.94/mile when ranked by the volume of loads moved.

    “The freight industry isn’t the only sector of logistics experiencing fluctuating prices,” said Ryan Martin, President of Distribution and Fulfillment for ITS Logistics. “Despite a cooling demand over the past two years, warehouse lease prices have remained high due to reduced new construction. This has led to a 4.5% rise in national average asking rents in the fourth quarter of 2024. Warehousing costs are estimated to account for 13% of the total supply chain expenses, while last-mile delivery holds the largest share at 41% of the total supply chain costs.”

    A recent GlobeSt.com report confirmed that mega big box deals have dominated the market, resulting in the number of leases for one million square feet being representative of nearly half of the top 100 leases in 2024. This growth was driven by record-breaking online sales. The report concluded that the demand for mega distribution centers should stabilize in 2025, as occupiers take stock of their inventory needs.

    Overall, by January 2025, the U.S. economy continued to expand, with projections indicating growth just above 2% for the year. However, inflation remains a concern, prompting the Federal Reserve to reconsider potential interest rate cuts. Globally, growth is projected at 3.3% for both 2025 and 2026, slightly below the historical average.

    “The big wildcard moment for 2025 will be the recovery of business confidence,” said Stan Kolev, Chief Financial Officer of ITS Logistics. “Uncertainty about how the newly elected U.S. administration will proceed on tax, regulation, and trade policy may keep companies sidelined in 2025. In addition, renewed inflationary pressures could interrupt the monetary policy pivot, with high debt levels having the ability to create vulnerabilities that may manifest themselves suddenly. Furthermore, the ongoing geopolitical issues, including trade disputes and regional conflicts, pose risks to global stability.”

    The Brookings Institution confirmed that expected tariffs would cause employment to decline by 0.11% from the 25% tariffs on imports and rise to a 0.25% loss of jobs with retaliation. This will equate to over 177,000 job losses from the 25% tariff, rising to over 400,000 job losses in the event Canada and Mexico retaliate.

    ITS Logistics offers a full suite of network transportation solutions across North America and distribution and fulfillment services to 95% of the U.S. population within two days. These services include drayage and intermodal in 22 coastal ports and 30 rail ramps, a full suite of asset and asset-lite transportation solutions, omnichannel distribution and fulfillment, LTL, and outbound small parcel.

    The monthly ITS Supply Chain Report serves to inform ITS employees, partners, and customers of marketplace changes and updates. The information in the report combines data provided through DAT and various industry sources with insights from the ITS team. Visit here for a comprehensive copy of the report with expected industry insights and market updates.

    About ITS Logistics
    ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industry’s most complicated supply chain challenges. With a people-first culture committed to excellence, the company relentlessly strives to deliver unmatched value through best-in-class service, expertise, and innovation. The ITS Logistics portfolio features North America’s #19 asset-lite freight brokerage, the #12 drayage and intermodal solution, a top 50 dedicated fleet, an innovative cloud-based technology ecosystem, and a nationwide distribution and fulfillment network.

    Media Contact
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1e87d831-e0e4-499f-bbb8-735fa81c1386

    The MIL Network –

  • MIL-OSI: Results of additional issuance – RIKB 38 0215

    Source: GlobeNewswire (MIL-OSI)

    As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 21. February, at the price of accepted bids.

    Series RIKB 38 0215
    ISIN IS0000037265
    Additional issuance (nominal) 600,000,000
    Settlement date 02/26/2025
    Total outstanding (nominal) 13,981,000,000

    The MIL Network –

  • MIL-OSI: Cardinal Energy Ltd. Announces $40 Million Bought Deal Offering of Senior Subordinated Unsecured Debentures

    Source: GlobeNewswire (MIL-OSI)

    THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT AND ANY AMENDMENT TO THE FOREGOING DOCUMENTS WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+

    NOT FOR DISTRIBUTION IN THE UNITED STATES.
    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, Feb. 25, 2025 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company”) (TSX: CJ) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by CIBC Capital Markets, RBC Capital Markets and ATB Capital Markets, with CIBC Capital Markets and RBC Capital Markets acting as joint-bookrunners, pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, $40 million aggregate principal amount of senior subordinated unsecured debentures due September 30, 2030 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Company has also granted the Underwriters an option to purchase up to an additional $5 million aggregate principal amount of Debentures, such option to be exercised in whole or in part at the sole discretion of the Underwriters, at any time until two business days prior to the Closing Date (as defined below). The Offering is expected to close on or about March 4, 2025 (the “Closing Date”).

    The Company intends to use the net proceeds of the Offering to first repay and reduce the indebtedness of its outstanding senior credit facility, then to de-risk the completion of the Company’s Reford thermal facility and accelerate the de-risking of the Company’s Kelfield thermal oil opportunity. As well the Company may use some of the proceeds for land and seismic acquisitions to delineate other thermal oil opportunities available to the Company.

    The Debentures will bear interest at a rate of 8.25% per annum, payable semi-annually in arrears on the last business day of March and September of each year commencing on September 30, 2025. The first payment will include accrued and unpaid interest for the period from the Closing Date to, but excluding, September 30, 2025. The Debentures will mature on September 30, 2030 (the “Maturity Date”).

    The Debentures will not be redeemable by the Company before September 30, 2028 (the “First Call Date”). On and after the First Call Date and prior to September 30, 2029, the Debentures will be redeemable, in whole or in part, from time to time at the Company’s option at a redemption price equal to 104.125% of the principal amount of the Debentures redeemed plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. On and after September 30, 2029 and prior to the Maturity Date, the Debentures will be redeemable, in whole or in part, from time to time at the Company’s option at par plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. The Company shall provide not more than 60 nor less than 30 days’ prior notice of redemption of the Debentures. The Company has the option to satisfy its obligations to repay the principal amount of and premium (if any) on the Debentures due at redemption or on maturity of the Debentures by issuing and delivering that number of freely tradeable common shares of the Company to Debenture holders in accordance with the terms of the debenture indenture that will govern the terms of the Debentures.

    The Debentures will be distributed in all provinces of Canada (other than the province of Quebec) by way of a prospectus supplement to the Company’s base shelf prospectus dated March 28, 2024 and by private placement in the United States to “qualified institutional buyers” pursuant to Rule 144A of the U.S. Securities Act of 1933.

    Access to the Base Shelf Prospectus, the Prospectus Supplement, and any amendments to the documents are provided in accordance with securities legislation relating to procedures for providing access to a base shelf prospectus, a prospectus supplement and any amendment to the documents. The Base Shelf Prospectus, the Prospectus Supplement (when filed) and any amendments to these documents may be accessed for free on the System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.ca. Alternatively, electronic or paper copies of the foregoing documents may be obtained, without charge, from: CIBC Capital Markets, 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8 or by telephone at 1-416-956-6378 or by email at mailbox.canadianprospectus@cibc.com or from RBC Dominion Securities Inc., Attention: Distribution Centre, 180 Wellington Street West, 8th Floor, Toronto, ON M5J 0C2 or by email at Distribution.RBCDS@rbccm.com, by providing the contact with an email address or address, as applicable. The Offering is subject to customary regulatory approvals, including the approval of the TSX.

    This new release is not an offer of securities of Cardinal for sale in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the securities may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements and forward-looking information (collectively “forward-looking information”) within the meaning of applicable securities laws relating to Cardinal’s plans and other aspects of Cardinal’s anticipated future operations, management focus, objectives, strategies, financial, operating and production results. Forward-looking information typically uses words such as “anticipate”, “believe”, “project”, “expect”, “goal”, “plan”, “intend”, “may”, “would”, “could” or “will” or similar words suggesting future outcomes, events or performance. The forward-looking statements contained in this press release speak only as of the date thereof and are expressly qualified by this cautionary statement. Specifically, this press release contains forward-looking statements relating to the anticipated closing date of the Offering and the use of proceeds of the Offering.

    Although Cardinal believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Cardinal can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the net proceeds of the Offering may change if the board of directors of Cardinal determines that it would be in the best interests of Cardinal to deploy the proceeds for some other purpose and the closing date for the Offering may be changed. The forward looking statements contained in this press release are made as of the date hereof and Cardinal undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws

    About Cardinal Energy Ltd.

    Cardinal is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. Cardinal differentiates itself from its peers by having the lowest decline conventional asset base in Western Canada. Cardinal has recently announced the commencement of its first thermal SAGD oil development project which will further increase the long-term sustainability of the Company.

    For further information:

    M. Scott Ratushny, CEO or Shawn Van Spankeren, CFO, Laurence Broos, VP Finance or Cody Kwong, Manager Business Development Email: info@cardinalenergy.ca Phone: (403) 234-8681

    The MIL Network –

  • MIL-OSI: EXL launches EXLerate.AI platform to drive accelerated AI business benefits at scale for enterprises

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data and AI company, announced EXLerate.AI, its agentic AI platform designed to help enterprises reimagine workflows with the ability to seamlessly integrate EXL and third-party AI agents into their business operations. The new platform accelerates progress on the path to greater efficiency, enhanced customer experience, improved accuracy and increased scalability across business operations, resulting in a better return on investment from AI.

    EXLerate.AI is an open, cloud-agnostic, and modular orchestration platform, allowing for fast implementation in all client environments. It includes more than 10 industry-specific EXL-built AI agents already in use across insurance, healthcare, retail, utilities and financial services. Clients benefit from EXL’s deep data and domain knowledge, data models and knowledge graphs and retain the flexibility to incorporate third party or internal AI agents, as well as current digital systems. Out-of-the-box capabilities improve the effectiveness of processes such as claims adjudication, commercial underwriting, payment servicing, customer service, internal audit, energy billing, accounts payable and legacy code migration.

    The biggest challenge enterprises are facing when it comes to implementing AI is integrating it across workflows seamlessly. By providing an orchestration solution with embedded high value AI agents, clients can now scale AI across their businesses in a hybrid environment.

    “Our teams have spent more than two years working with partners and clients to enhance our AI solutions platform to include our proprietary LLMs, AI agents, knowledge graphs and data models to help businesses harness AI and redesign workflows without getting bogged down by technical complexities,” said Anand “Andy” Logani, EXL’s chief digital and AI officer. “We invested in EXLerate.AI with three core principles in mind: a strong data and domain foundation, flexibility for rapid innovation and the ability to integrate AI seamlessly into enterprise operations.”

    Unlike most AI solutions, which perform a single task, EXLerate.AI orchestrates multiple AI models, alongside human expertise and other AI-powered analytics. EXL will continue to innovate at a rapid pace and invest in the development of new AI solutions across key functions in insurance, healthcare, banking and capital markets, and other industries.

    Key capabilities of EXLerate.AI include:

    • AI Agents and Accelerators: The platform supports more than 100 accelerators designed to enhance automation and efficiency at speed and scale. EXLerate.AI also incorporates a growing library of domain-specific AI agents that can dynamically interact with enterprise systems, streamlining processes, enhancing decision making and improving customer experiences.
    • Domain Specific Large Language Models (LLMs): EXLerate.AI includes two newly developed, proprietary LLMs for health and finance. These specialized AI models are trained on domain-specific data, building on the EXL Insurance LLM that was introduced in 2024 to support critical claims and underwriting tasks. With 25 years of domain expertise and proprietary, industry-specific labeled data, EXL’s LLMs deliver unmatched accuracy, efficiency, and compliance, outperforming generic models.
    • Open Architecture Platform: Building on EXL’s deep data management and domain-specific knowledge, EXLerate.AI offers an open architecture platform, ensuring clients have flexibility and are not locked into a single platform. The platform is fully compatible with existing enterprise IT systems and is pre-integrated with technology from industry leaders that are important to our clients, including, NVIDIA, AWS, Google, Microsoft, ServiceNow and Salesforce.

    Learn more about EXLerate.AI at EXL’s AI in Action event on March 5, 2025 at https://www.exlservice.com/ai-in-action-driving-the-shift-to-scalable-AI.

    About EXL

    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 57,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation, recessionary economic trends, and ability to successfully integrate strategic acquisitions, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10- K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by applicable law.

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network –

  • MIL-OSI: Electrify Expo Renews with Anker SOLIX to Power 2025 Festival Tour

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Feb. 25, 2025 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, is once again partnering with Anker SOLIX, a global leader in power delivery and power storage solutions, to provide sustainable power solutions throughout its 2025 festival tour. For the third consecutive year, Anker SOLIX will serve as the official portable power provider, supplying reliable and renewable energy to support event infrastructure and exhibitors at all eight stops on the nationwide tour.

    “Our partnership with Anker SOLIX highlights how large festivals can use renewable energy to power electrical needs,” said BJ Birtwell, founder and CEO of Electrify Expo. “The F3800 and F2000 from Anker Solix power nearly every element of our show providing stable, rechargeable and portable power that allows Electrify Expo to nearly eliminate our need for any gas powered alternatives.”

    Anker SOLIX’s advanced portable power stations will be deployed throughout Electrify Expo’s event spaces, providing essential energy for key festival operations, exhibitor activations, and charging stations for e-bikes, e-scooters, and e-skateboards. Additionally, Anker will offer free phone charging stations for attendees to charge their phones free of charge. With a focus on efficiency and sustainability, Anker SOLIX’s solutions will ensure seamless power delivery while supporting Electrify Expo’s mission of demonstrating the accessibility and practicality of renewable energy.

    Among the power solutions featured at Electrify Expo will be the Anker SOLIX F2000 and F3800, delivering sustainable energy across more than 1 million square feet of festival space. These cutting-edge power stations are engineered for high-performance applications, meeting 100% of the tour’s 110V-240V energy needs with a clean and renewable energy source.

    • The Anker SOLIX F3800 boasts a 3.84kWh battery capacity, expandable up to 53.76kWh with additional expansion batteries. Its high-output capabilities make it ideal for powering high-energy devices, exhibitor setups, and essential festival operations.
    • Designed for versatility, the F3800 also features 6,000W AC power output with 120V/240V dual voltage, enabling it to power multiple high-demand devices simultaneously. It can serve as a plug-and-play home backup solution, supporting EV charging, RV power, and full-home energy needs during outages.
    • For homeowners looking to integrate solar energy, the F3800 pairs with the Anker SOLIX Home Power Panel, enabling home solar cycling—storing excess energy during peak solar hours for nighttime use or providing backup power in emergency situations.

    Beyond powering the festival, Anker Innovations will showcase the latest in charging technology, including portable power stations, home energy storage solutions, and power banks from both Anker and Anker SOLIX at select Electrify Expo locations. Attendees will have the opportunity to explore real-world applications of these products and discover how to integrate clean energy solutions into their daily lives.

    Electrify Expo’s 2025 tour schedule:

    • March 22-23: Orlando, FL
    • April 12-13: Phoenix, AZ
    • May 24-25: Dallas, TX **new city
    • June 21-22: Los Angeles, CA
    • July 12-13: Seattle, WA
    • August 23-24: San Francisco, CA
    • September 13-14: Chicago, IL **new city
    • October 17-19: New York, NY

    To learn more about Anker SOLIX charging solutions visit www.ankersolix.com.

    For the full 2025 schedule and to secure tickets, visit www.electrifyexpo.com. Media interested in attending may request credentials by emailing ee@skyya.com.

    Companies interested in exhibiting at the 2025 Electrify Expo locations can visit https://www.electrifyexpo.com/partner-registration.

    About Electrify Expo
    Electrify Expo is North America’s largest electric vehicle (EV) and technology festival, where consumers come to shop and experience all things electric. The festival showcases the industry’s leading brands and exciting startups through hands-on activations, demos and experiences spanning EVs, micromobility, solar energy, charging solutions, powersports, automotive aftermarket, and connected home technology, providing attendees with immersive learning opportunities and memorable interactions. From high-powered demo courses to engaging education zones, Electrify Expo offers a unique festival vibe for consumers to reshape what they think they know about EVs. In 2025, Electrify Expo’s nationwide tour will visit Orlando, Phoenix, Dallas, Los Angeles, Seattle, San Francisco, Chicago and New York. To stay up to date on the latest news and announcements from Electrify Expo, visit www.electrifyexpo.com and follow on Facebook, Instagram and YouTube.

    About Anker SOLIX
    Leveraging Anker’s leadership in battery storage and power delivery, Anker SOLIX is dedicated to developing power solutions that will provide energy independence to people worldwide. This includes modular solar battery storage systems for homes, solar balcony solutions designed for apartments, and a growing portfolio of portable power stations. Additional details about Anker SOLIX can be found at ankersolix.com.

    About Anker
    Anker is the world’s #1 mobile charging brand and a developer of high-speed charging technologies for the home, car, and on the go. This includes wall plugs, wireless chargers, car chargers, power banks, cables, and more. Find out more about Anker at anker.com.

    Media Contact
    Skyya PR
    ee@skyya.com

    Anker Innovations
    Emeline Bonnefoy
    emeline.bonnefoy@anker.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21310239-4f34-4f33-b9e5-282620ff135d

    The MIL Network –

  • MIL-OSI: Penns Woods Bancorp, Inc. Announces Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    WILLIAMSPORT, Pa., Feb. 25, 2025 (GLOBE NEWSWIRE) — Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company’s Board of Directors declared a first quarter 2025 cash dividend of $0.32 per share.

    The dividend is payable March 25, 2025 to shareholders of record March 11, 2025.

    About Penns Woods Bancorp, Inc.
    Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. Penns Woods Bancorp, Inc. stock is listed on the NASDAQ National Market under the symbol PWOD.

    Previous press releases and additional information can be obtained from the company’s website at www.pwod.com.

    Contact: Richard A. Grafmyre, Chief Executive Officer
    300 Market Street, Williamsport, PA, 17701
    (570) 322-1111
    (888) 412-5772
    pwod@pwod.com
    www.pwod.com

    The MIL Network –

  • MIL-OSI: Westland Insurance acquires Youngs Insurance Brokers’ West Burlington Office

    Source: GlobeNewswire (MIL-OSI)

    Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Feb. 25, 2025 (GLOBE NEWSWIRE) — Westland Insurance, one of Canada’s fastest-growing insurance brokers, today announced that it acquired Youngs Insurance Brokers’ West Burlington operation. The acquisition was effective on February 21.  

    Youngs – Burlington West is a P&C brokerage that has served the Greater Toronto Area for over 20 years. With deep roots in its community, Youngs – Burlington West is experienced in providing custom-tailored insurance solutions to its clients. With this acquisition, Westland deepens its roots in Ontario, a province that is strategically important as the brokerage continues expanding across Canada.  

    “We’re thrilled to welcome Youngs’ West Burlington location to the Westland team,” says Jamie Lyons, Westland’s President & CEO. “As we continue our growth journey across Canada, we feel privileged to partner with a brokerage with such a long and rich insurance history. We’re looking forward to joining forces with their team to continue providing their community with best-in-class insurance solutions and service.”  

    Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions.  

    – 30 –   

    About Westland Insurance Group   

    Westland Insurance Group is one of the largest and fastest-growing insurance brokers in Canada. Trading nearly $4 billion of premium, Westland continues to expand coast to coast. Westland’s brokers provide expertise and advisory-based services across commercial, personal, employee benefits, farm, and specialty insurance segments. Since its founding in 1980, Westland has remained committed to supporting its clients, industry partners and local communities. For more information, please visit westlandinsurance.ca. 

    The MIL Network –

  • MIL-OSI: Data443 Announces Product Launch – ClassiForAI (CAFAI)

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., Feb. 25, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), an AI data security and privacy software company for “All Things Data Security,” today announced new capabilitis for its data classificaiton and governance product line – ClassiForAI (CAFAI). This offering leverages the companies’ significant and ongoing investments in Machine Learning to accelerate customer adoption of AI & LLMs.

    The product capabilty includes access to their new datacenter facilitities in the heart of Research Triangle Park and Data LLM Training engineering. The capability enables customers to come with their own AI engine of choice (Amazon, Microsoft, HuggingFace, ChatGPT, etc.) and have their internal corporate documents form the foundation for a very accurate, safe and confidential AI model for end users, advanced analytics, and of course – to train new AIs. Most importantly, Data443’s capability includes identification of extremely sensitive content that is not allowed to be generally exposed in any way by the AIs.

    “As we spoke to analysts about our approach, the result was the same – ‘Customers are struggling with what do to, don’t trust the public cloud, and really do not have the capabilities inside their own business. Plus, they are nervous about disclosure of sensitive content to employees and customers. Customers have no way of separating this data.”, stated Jason Remillard, CEO and Founder of Data443.

    The methology that Data443 applies is simplistic and focussed on fast results and high accuracy. A known issue with AI engines is that if you train it on too much data, mixed use data or data that is not specific enough – you end up with unreliable models which are prone to problems of hallucianation and unsourced content. Data443’s ClassiForAI utilizes its existing capabiltiy of classifying content with over 1,400 policies in 43 languages. The company can scan a massive content repository (of almost any kind in legal, finiance, defence, government) and produce reference examples of extremely high confidence datasets that match the policy – for example – (Personal Privacy Information) and language (German).

    ‘We’ve been offering our classification engine for different use cases for years, and the feedback is always the same – your policy frameworks are unique and on target. By leveraging our ecosystem (including physical hosting of the models) Data443 is able to provide full lifecycle services for AI accuracy, and reverse train negative outputs for usage in security and disclosure environments. To truely garner the benefits of AI, it isn’t useful if it is inaccurate, making up informtation, or its capabilities degrade over time. Our solutions are designed to be a full life cycle implementation – with continues subscriptions in place to continuously refine models, execute data transactions with them and in some cases, host the hardware and softare components on behalf of the customers”.

    The acquisition coincides with significant market validation of AI-powered email security solutions, evidenced by Abnormal Security’s anticipated IPO and growing enterprise demand for intelligent security platforms like Sailpoint. This strategic move positions Data443 to capture an expanding share of the email security market, which is experiencing rapid growth driven by the increasing sophistication of cyber threats and its recent acquisitions of Cyren.

    The announcement today will deliver immediate benefits to Data443’s customers:

    • Offline and live training of AI LLMs
    • Rental of Data443’s AI hardware, including NVidia, Tenstorrent, AMD, Cerebras Systems.
    • Secured facilites in its new USA-based data center.
    • High power draw capabilities for certain physical premises
    • Continuous leasing of AI engines for continuous data analysis while it is being used for training or queries.
    • Identification and removal of extremely sensitive content as defined by the customer.
    • Reducing exposure of content by LLM’s in chatbots, emails and other distribution types

    “This offering has been a long time in coming as the industry continues to iterate. Much like our investments with Ripple XRP, these long term plays differentiates us from others as we have mature technology, usually with 1-2 decades of runtime, with actual customers. The startup space has much excitement and investment dollars – which we appreciate. We like our position as recognized experts in data center management and classification,” added Remillard. “Like our recent acquisition of Breezemail.ai – we will continue to share with the industry as we win customer engagements.”

    Interested parties may review the offering at the website: https://data443.com/classi-for-ai-cafai/

    About Data443 Risk Mitigation, Inc.

    Data443 Risk Mitigation, Inc. (OTCPK: ATDS) provides software and services to enable secure data across devices and databases, at rest and in flight/in transit, locally, on a network or in the cloud. We are All Things Data Security™. With over 10,000 customers in over 100 countries, Data443 provides a modern approach to data governance and security by identifying and protecting all sensitive data regardless of location, platform or format. Data443’s framework helps customers prioritize risk, identify security gaps and implement effective data protection and privacy management strategies.

    Forward-Looking Statements 

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

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Summary of Baltic Horizon Fund webinar

    Source: GlobeNewswire (MIL-OSI)

    On the 25th of February 2025, Baltic Horizon held an investor webinar where fund manager Tarmo Karotam introduced the results of Q4 2024.

    Baltic Horizon Fund would like to thank all participants. Webinar recording is available here. Presentation is available here.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

  • MIL-OSI: The Now Corporation’s (OTC: NWPN) Green Rain Solar Inc. and Chronical Engineering Partner on EV Charging Feasibility Study at Fairfield Inn & Suites Alamogordo

    Source: GlobeNewswire (MIL-OSI)

    PASADENA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) — The Now Corporation (OTC: NWPN), through its subsidiary Green Rain Solar Inc., is pleased to announce a partnership with Chronical Engineering to conduct a feasibility study for an electric vehicle (EV) charging station at Fairfield Inn & Suites Alamogordo in Alamogordo, New Mexico. This marks The Now Corporation’s first EV charging initiative in the state, highlighting its commitment to expanding renewable energy infrastructure.

    New Mexico offers a business-friendly environment for renewable energy projects, making it an attractive location for EV charging expansion. The increasing adoption of electric vehicles, coupled with strong government support, creates a prime opportunity to establish strategic charging locations that benefit both travelers and local communities.

    “We are excited to work with Chronical Engineering on this feasibility study,” said Alfredo Papadakis, CEO of The Now Corporation. “Green Rain Solar Inc. is dedicated to advancing clean energy solutions, and integrating EV charging infrastructure is a natural step in our growth strategy.”

    The feasibility study will evaluate the site’s technical requirements, energy sources, and economic impact, with the goal of implementing a state-of-the-art EV charging station powered by sustainable energy solutions. The Now Corporation sees this project as a foundation for further EV charging deployments in high-demand locations.

    About The Now Corporation:

    The Now Corporation (OTC: NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.

    About Green Rain Solar Inc.:

    Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC: NWPN), is a solar energy utility company specializing in urban solar energy and grid integration. The company develops innovative rooftop solar projects to transform sunlight into grid-connected power, promoting sustainable energy solutions for high-cost urban areas. https://greenrainenergy.com/

    About M Love Vintage Holdings Inc.

    M Love Vintage Holdings Inc. offers clients exclusive access to an unparalleled collection of vintage fashion. From rare accessories to complete ensembles, the company curates garments from past eras, celebrating the beauty and craftsmanship of bygone times.

    Legal Notice Regarding Forward-Looking Statements:

    This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.

    For press inquiries, please contact:
    Michael Cimino
    Michael@pubcopr.com

    The MIL Network –