Category: GlobeNewswire

  • MIL-OSI: MEF Unveils NaaS Network APIs for an AI-Driven Economy and Application-Led Connectivity

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) — MEF a global industry association of enterprises and network, cloud, security, and technology providers accelerating enterprise digital transformation, today announced its NaaS Network APIs. As applications increasingly rely on APIs to optimize quality of experience, MEF – working with GSMA, CAMARA and its members – is enabling an AI-driven economy where applications can dynamically request and adjust network performance on demand.

    These capabilities will be demonstrated at Mobile World Congress (MWC) 2025, March 3-6 in Barcelona, Spain, as part of the GSMA Open Gateway Showcase. MEF, along with industry leaders Colt and Orange will present a Quality on Demand (QoD) demonstration leveraging open-source CAMARA APIs to enable real-time, automated network interactions.

    Traditionally, network performance was managed manually or through static configurations, limiting adaptability. As enterprises increasingly rely on AI, real-time analytics, and immersive technologies, networks must evolve to meet shifting demands. MEF’s NaaS Network APIs, in combination with GSMA Open Gateway and CAMARA APIs, enable applications to intelligently adjust network resources on demand—paving the way for a new era of adaptive, automated connectivity.

    “NaaS Network APIs are a significant step forward in MEF’s API strategy, enabling new opportunities for AI enabled applications, real-time automation, and secure service delivery across wired and wireless networks,” said Pascal Menezes, CTO, MEF. “By integrating open-source CAMARA APIs with MEF standards, enterprises and developers can dynamically program the network, ensuring that edge-native applications—from autonomous vehicles to AI-powered real time analytics—operate with reliable performance and security. This is a major milestone in advancing NaaS with AI, automation, and cybersecurity at its core.”

    At MWC 2025’s GSMA Open Gateway Showcase, the QoD demonstration with MEF, Colt, and Orange will highlight how edge-native applications can seamlessly interact with both mobile and fixed-line networks to dynamically provision resources. The demo features a converged approach to network quality, with Orange’s 5G Quality on Demand capability optimizing mobile network performance, and Colt’s On-Demand NaaS platform ensuring dynamic service quality across the core backbone network. By leveraging CAMARA APIs, MEF standards and software defined networking, the application intelligently provisions and adjusts network resources in real time, enabling adaptive, cross-domain connectivity for a wide range of use cases, including AI, cloud gaming, tele-robotics, and Industry 4.0 applications.

    Henry Calvert, Head of Networks, GSMA, said: “Through this showcase MEF, Colt and Orange are bringing to life the benefits that open QoD APIs can deliver. By integrating QoD APIs, enterprise developers can enhance a whole range of digital services from online gaming and entertainment streaming through to powering smart mobility, beyond line of sight aviation and industry 4.0. However, for these services to gain strong adoption around the world, it’s vital that the mobile ecosystem unifies behind a common approach, as we’re seeing here, through the GSMA Open Gateway and CAMARA initiative.”

    Mirko Voltolini, VP Technology and Innovation, Colt Technology Services, said, “Our technology demonstration with MEF and Orange is a powerful example of collaboration driving innovation and pushing boundaries. It paves the way for a more integrated and effortless service experience for our customers as we embrace the Digital AI Era.” 

    Emmanuel Rochas, CEO Orange Wholesale International, said, “Combining MEF APIs and CAMARA APIs unleashes the potential of Fixed and Mobile network convergence, enabling any application to seamlessly and transparently switch between the two networks.
    This ‘Quality on Demand’ use case applies to SD-WAN design for businesses, supports many other use cases where managing quality is required in order to deliver the right level of service. This project reinforces our commitment to providing our customers with a seamless user experience across our networks, in a federated approach with our peers.  Our NaaS offering, Click, is a key part of this approach and is already embraced by our customers.”

    Experience MEF’s NaaS Network APIs in action at MWC 2025 in the GSMA Open Gateway Showcase to see how innovative network APIs are shaping the future of AI, automation, and edge-native applications. For more information about MEF visit www.mef.net.

    About MEF
    MEF is a global consortium of enterprises and service, cloud, cybersecurity, and technology providers collaborating to accelerate enterprise digital transformation. It delivers standards-based frameworks, services, technologies, APIs, and certification programs to enable Network-as-a-Service (NaaS) across an automated ecosystem. MEF is the defining authority for certified Lifecycle Service Orchestration (LSO) business and operational APIs and Carrier Ethernet, SASE, SD-WAN, Zero Trust, and Security Service Edge (SSE) technologies and services. MEF’s Global NaaS Event (GNE) convenes industry leaders building and delivering the next generation of NaaS solutions. For more information about MEF, visit MEF.net and follow us on LinkedIn and Twitter

    Media Contact:
    Melissa Power
    MEF
    pr@mef.net

    The MIL Network

  • MIL-OSI: Jamf named as a Representative Vendor in the 2025 Gartner® Market Guide for Endpoint Management Tools

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, Feb. 19, 2025 (GLOBE NEWSWIRE) — Today, Jamf (NASDAQ: JAMF) the standard in managing and securing Apple at work, announced it has been included as a Representative Vendor in the 2025 Gartner® Market Guide for Endpoint Management Tools.

    As the report points out:  “Using a unified endpoint management (UEM) tool remains the best approach to managing the entire employee device fleet. However, Gartner clients frequently report UEM feature gaps with nonstandard devices and challenges with patching speed, custom reporting and complex migrations.” 

    “We’re proud to be named in this latest report,” said Henry Patel, Chief Strategy Officer at Jamf. “We’re seeing more and more market validation of what we’ve long known at Jamf – that specialized expertise matters when it comes to Apple device management. Jamf’s speed, reliability, and feature completeness allow us to close those feature gaps experienced by customers attempting to apply traditional UEM tools to Apple devices.”

    Dedicated Apple-first solutions like Jamf remain essential. Jamf is the only security and management platform for the Apple ecosystem. This strategic approach addresses the feature gaps of traditional UEMs by providing the following:

    • Seamless support for macOS, iOS, iPadOS, watchOS and visionOS with same-day compatibility for Apple updates, which is not always the case for platform-agnostic UEM vendors.
    • Security capabilities—such as endpoint and network protection, compliance enforcement, and Zero Trust Network Access—that are designed to complement Apple’s built-in security stack rather than overlap with it.
    • Patching and update capabilities for Apple devices that outperform general-purpose UEMs, ensuring immediate security updates without waiting for third-party integrations.
    • Automated Mac provisioning, compliance monitoring, and streamlined workflows to ensure IT teams can manage Macs with minimal effort beyond enrollment.
    • Integrations with Microsoft Entra ID, Intune, Okta, Google, and other security tools to ensure Apple devices fit seamlessly within enterprise security stacks.

    Gartner, Market Guide for Endpoint Management Tools, By Tom Cipolla, Lina Al Dana, Sunil Kumar, 13 January 2025. 

    GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About Jamf
    Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment that is enterprise secure, consumer simple and protects personal privacy. To learn more, visit www.jamf.com.

    Media Contact:
    Liarna La Porta | media@jamf.com

    Investor Contact:
    Jennifer Gaumond | ir@jamf.com

    The MIL Network

  • MIL-OSI: Applied Closed 2024 with More Agencies Selecting Applied Epic as Platform of Choice, Including 7 of Top 10 Largest Insurance Brokers

    Source: GlobeNewswire (MIL-OSI)

    Chicago, IL., Feb. 19, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced more agencies are choosing to consolidate and standardize on Applied Epic® and its Digital Agency® technology than any other system. Notably, seven of the top 10 largest brokers ranked by Business Insurance in 2024 have chosen Applied Epic to automate their operations and create more intelligence and productivity.

    Applied’s Digital Agency solution offers a comprehensive management system, coupled with an integrated payments and accounting reconciliation hub, the leading personal and commercial lines rating and automation solutions, and the largest network of carrier connectivity, all backed by award-winning customer support and extensive cyber-security protection. As the leading insurance technology specialist, Applied grounds its solutions in an unparalleled depth of expertise in insurance-specific workflows and the largest insurance datasets in the industry. Applied’s vertical focus creates unique value for its customers, enabling Applied to deliver the practical power of emerging technologies like artificial intelligence (AI) in insurance-specific solutions that create productivity and support more profitable revenue growth. Unlike generalized solutions, Applied’s products require minimal customization and reduce reliance on multiple disparate systems by delivering an integrated suite of insurance solutions that cover the end-to-end policy lifecycle. This helps insurance agencies focus their precious resources on the most valuable work – building, retaining, and growing their client relationships and books of business.

    In 2024, Applied significantly expanded its AI investments by acquiring Planck, the leading insurance-specific AI company. Planck massively enhances Applied’s AI capabilities, providing the expertise to take advantage of the rapid development of powerful AI models by applying them to insurance-specific workflows and datasets, allowing Applied to deliver value across the Digital Roundtrip of Insurance. Applied recently launched AI capabilities within Applied Epic, including robust communication summarization that helps CSRs and producers gain back hours in their workday. Applied will soon launch the Applied Book Builder product, focused on delivering powerful insights and efficiencies for the renewal and new business prospecting processes, and will follow that with an exciting lineup of other AI-enabled products throughout 2025 and beyond. By delivering these AI capabilities natively within Applied’s product ecosystem, agencies can confidently use them, knowing their data remains within the security infrastructure of existing systems and processes.

    “AI is emerging as a powerful capability that presents the insurance industry with new opportunities to grow their businesses more profitably,” said Taylor Rhodes, chief executive officer of Applied Systems. “While any company will have access to generalized AI models and capabilities, the way to make AI most effective is to marry it with industry-specific expertise and datasets so that AI can learn your business and provide powerful insights and automation that are specifically relevant to your business strategy. As the leading insurance technology partner, we are focused on building unmatched value through connecting the Digital Roundtrip of Insurance, infusing it with insurance-specific AI capabilities throughout the policy lifecycle.”

    # # #


    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    The MIL Network

  • MIL-OSI: Haivision Releases Sixth Annual Broadcast Transformation Report, Showcasing Key Industry Shifts and Emerging Technologies

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Feb. 19, 2025 (GLOBE NEWSWIRE) — Haivision (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, today announced the release of its sixth annual Broadcast Transformation Report.

    This industry-leading report provides valuable insights into the state of technology adoption in the broadcast sector, based on responses from nearly 900 broadcast and media professionals—the highest number Haivision has surveyed—between November and December 2024.

    The 2025 Broadcast Transformation Report explores how the industry is embracing innovative technologies while continuing to navigate key challenges such as budget constraints and workforce shortages. As broadcasters seek to enhance operational efficiency and scalability, the report identifies major trends shaping the future of live video contribution and production.

    Key findings from the 2025 Broadcast Transformation Report:

    • SRT adoption soars, widening the gap with RTMP: SRT usage grew by 9%, rising from 68% in 2024 to 77% in 2025. It is the most widely used transport protocol among this year’s respondents, while RTMP, in second place, is used by 58%.
    • Demand for efficiency fuels 5G usage: 76% of broadcasters using cellular networks now rely on 5G, with 21% planning adoption within a year. The top benefits include greater bandwidth (55%), lower latency (50%), and cost savings (31%).
    • Broadcasters accelerate AI adoption: 25% of broadcasters are using AI (up from 9% in 2024), with 64% believing it will have the biggest impact on the industry in the next five years.
    • Hybrid on-premise and cloud usage becomes mainstream: While 86% use cloud technology in some capacity, 49% of total respondents rely on it for less than a quarter of their workflows (up from 43% in 2024), emphasizing continued dependence on on-premise solutions.
    • HEVC catches up with H.264: HEVC usage has reached 70%, up from 50% in 2021, bringing it closer to H.264’s leading position at 79%.

    “The findings in this year’s Broadcast Transformation Report reveal both the exciting innovations and the persistent challenges facing broadcasters today,” said Marcus Schioler, Vice President of Marketing at Haivision. “From the continued expansion of SRT, 5G, and AI to the measured adoption of cloud technologies, broadcast ecosystems are evolving to leverage new tools that drive efficiency, enhance production quality, and future-proof their operations.”

    The Haivision Broadcast Transformation Report 2025 is available for download here: https://www3.haivision.com/broadcast-report-2025-press

    About Haivision

    Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision-making. We provide high-quality, low-latency, secure, and reliable live video at a global scale. Haivision open-sourced its award-winning SRT low-latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. To learn more, visit Haivision at www.haivision.com.

    Jennifer Gazin
    514.334.5445 ext 8309
    jgazin@haivision.com

    The MIL Network

  • MIL-OSI: Dinewise, Inc. (DWIS) Releases Corporate Update for 2025

    Source: GlobeNewswire (MIL-OSI)

    Discussion of New Initiatives and Plans for the Future

    ATLANTA, GA, Feb. 19, 2025 (GLOBE NEWSWIRE) — Dinewise, Inc (OTC PINK-DWIS) (referred to as “Dinewise”, “we”, “us”, “our” or the “Company”) a fintech company operating as PawnTrust Inc., providing solutions to the pawn shop industry today announces its corporate update for Q1/2025.

    The PawnTrust Marketplace

    The development team is in the testing phase of the PawnTrust Marketplace, which is expected to go live in April 2025. Management is focused on creating the first-ever pawn partner network, seamlessly integrating pawn shop inventory onto the PawnTrust platform. This initiative will allow local pawn shops to display their inventory nationally overnight, significantly increasing their exposure. PawnTrust will leverage its marketing expertise and financial strength to drive additional engagement for its Pawn Partner network. With nearly 11,000 pawn shops nationwide, the company aims to onboard 10% of them initially. The platform integrates Artificial Intelligence (AI) to enhance sales through AI-driven descriptive tags and a context-based search function. This user-friendly interface ensures an immersive and engaging shopping experience, ultimately improving customer satisfaction and driving sales growth. AI remains a key component in the company’s strategy to stay competitive and compliant in the evolving financial industry.

    TitlePal Acquisition

    PawnTrust is in the final stages of negotiations to acquire TitlePal, a fintech company that has developed an innovative online solution for Title Pawn transactions The Company expects to finalize the acquisition in early Q1 2025. TitlePal is actively processing loans and has successfully tested its online platform with favorable results. This acquisition will enable TitlePal to expand into Alabama, Texas, and Mississippi, effectively doubling its receivable base by year-end. The platform has streamlined the title loan process to a 30-minute online transaction, significantly reducing the time typically required in traditional methods.

    Registration Statement & Compliance

    The company is finalizing its 2023 and 2024 audits and expects to file its registration statement by April 2025. As part of its growth strategy, Dinewise has identified board members with the necessary expertise to facilitate market penetration. Additionally, the company is in discussions with regulators to implement both a name and ticker symbol change. Dinewise remains current in its filings and is committed to maintaining transparency with its shareholder base.

    CEO Corner

    To reinforce its commitment to transparency, the company has launched “CEO Corner,” a weekly update from CEO Michael Farr on the company’s YouTube channel (@PawnTrust). Initially scheduled for February 7, the first episode will now premiere on February 28, following a decision to enhance production quality through a partnership with Bellamar Pictures; an Atlanta-based film company. This exclusive agreement ensures professional-grade production that aligns with PawnTrust’s commitment to excellence.

    “When I accepted the role of Chief Executive Officer, my goal was to build a strong and enduring foundation. We have been diligently reinforcing the core of this company. When our investors assess our progress, they will recognize a company built on stability, capable of navigating any challenge with confidence,” Michael Farr, CEO.

    About PawnTrust

    PawnTrust is an exclusively tailored marketplace for the estimated 11,000 pawn shops nationwide. The online marketplace (www.pawntrust.com) digitizes the inventory using advanced image recognition algorithms to automate item descriptions of the participating pawn shops and markets them on a national scale. The marketplace contains cutting-edge technology that streamlines the borrowing, buying, and bartering transactions typically found at a pawn shop. The platform plans to leverage Artificial Intelligence (AI) to optimize pricing, reduce fraud, and create personalized search recommendations to enhance the customer’s experience. These enhancements let consumers experience a frictionless shopping experience on their mobile app that gives them instant access to this nationwide inventory of pawn shops. Not only does this provide a more efficient way for consumers to shop, eliminating the need to visit multiple stores, but it also amplifies the reach of individual pawn shop owners. By joining the PawnTrust- ‘Pawn Partners’ network, shop owners gain access to a broader audience, enhancing their visibility and sales opportunities. This innovative approach aligns customer convenience with business growth, reshaping how people interact with the pawn industry. Consumers that purchase items outside of their local area will have their items conveniently shipped to them. As the intermediary in each transaction, PawnTrust earns a fee on every item sold in the marketplace. Many of these local pawn shops lack an online presence or the capital to market their inventory on a national scale. By bridging this gap, PawnTrust opens up opportunities for incremental sales from a wider buying base, effectively transforming the pawn shop and micro-lending industries. This model not only supports local businesses but also extends their reach, driving growth and innovation within the market.” 

    Forward-Looking Information

    This release includes statements that may constitute ”forward-looking” statements, usually containing the words ”believe,” ”estimate,” ”project,” ”expect” or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While the Company believes the expectations reflected in forward-looking statements are reasonable, there can be no assurances such expectations will prove to be accurate. Security holders are cautioned such forward-looking statements involve risks and uncertainties. Certain factors may cause results to differ materially from those anticipated by the forward-looking statements made in this release. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company’s current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, risks and uncertainties related to the current unknown duration and severity of the COVID-19 pandemic and other risks detailed in the Company’s periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

    Investor Relations:
    Resources Unlimited
    718-269-3366
    mike@resourcesunlimitedllc.com

    The MIL Network

  • MIL-OSI: Willis appoints Helen Campbell Head of Property Wordings in North America

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business, (Nasdaq: WTW), today announced the appointment of Helen Campbell as Head of Property Wordings in North America. Her role covers property policy language, terms and conditions for both the insurance and reinsurance businesses at WTW.

    Based in Bermuda and reporting directly to Scott Pizzi, Head of Property Broking, North America, Campbell will focus on analysis and tailoring of property policies and the related coverage details to provide clients with a well-defined, clear understanding of relevant terms and conditions associated with their specific property exposures.

    Joining from Argo Group, Campbell most recently served as Senior Vice President and Head of Contract Wordings for the firm. Prior to Argo, she served as Contract Wordings Manager at Ironshore Insurance. With more than 25 years of industry experience, she rejoins Willis, having previously focused on contract wordings with the company at the beginning of her career.

    Commenting on Campbell’s appointment, Pizzi commented, “Helen brings a specialized, technical expertise, which is rare in our industry, yet critically important in delivering comprehensive property solutions for our clients. I am thrilled to have her join the team.”

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
    Learn more at wtwco.com.

    Media Contact

    Douglas Menelly
    Douglas.Menelly@wtwco.com +1 (516) 972 0380

    The MIL Network

  • MIL-OSI: CDPQ announces increase to previously announced sale of common shares of Intact Financial

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Feb. 19, 2025 (GLOBE NEWSWIRE) — CDPQ today announced that it has increased the size of its previously announced sale of common shares of Intact Financial Corporation (TSX: IFC). Pursuant to the amended terms, CDPQ has agreed to sell 3,577,000 common shares, representing approximately 2.0% of the issued and outstanding common shares of Intact as of February 19, 2025.

    The common shares are being sold at a gross price of $278.60 per share, which has been underwritten by CIBC Capital Markets and National Bank Financial. CDPQ expects to receive gross cash proceeds of approximately $996,552,200 from the offering.

    ABOUT CDPQ
    At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at June 30, 2024, CDPQ’s net assets totalled CAD 452 billion. For more information, visit cdpq.com, consult our LinkedIn or Instagram pages, or follow us on X.

    CDPQ is a registered trademark owned by Caisse de dépôt et placement du Québec and licensed for use by its subsidiaries. 

    ABOUT INTACT FINANCIAL CORPORATION
    Intact Financial Corporation (TSX: IFC) is the largest provider of Property and Casualty (P&C) insurance in Canada, a leading Specialty lines insurer with international expertise and a leader in Commercial lines in the UK and Ireland. The business has grown organically and through acquisitions to almost $24 billion of total annual operating direct premiums written (DPW).
    In Canada, Intact distributes insurance under the Intact Insurance brand through agencies and a wide network of brokers, including its whollyowned subsidiary BrokerLink. Intact also distributes directly to consumers through the belairdirect brand and affinity partnerships. Additionally, Intact provides exclusive and tailored offerings to high-net-worth customers through Intact Prestige. In the US, Intact Insurance Specialty Solutions provides a range of Specialty insurance products and services through independent agencies, regional and national brokers, wholesalers and managing general agencies. Across the UK, Ireland, and Europe, Intact provides Personal, Commercial and/or Specialty insurance solutions through the RSA, 123.ie, NIG and FarmWeb brands.

    For more information
    MEDIA RELATIONS TEAM
    CDPQ
    + 1 514 847-5493
    medias@cdpq.com

    Caroline Audet
    Manager, Media Relations and Public Affairs, Intact Financial
    Intact Financial Corporation
    416 227-7905/514 985-7165
    media@intact.net

    The MIL Network

  • MIL-OSI: Silvercrest Appoints J. Allen Gray as Head of Institutional Business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is pleased to announce that J. Allen Gray has been promoted to Head of Institutional Business. In this role, he will oversee Silvercrest’s institutional business, as well as consultant and client relations. Since joining Silvercrest in 2008, Mr. Gray has played a pivotal role in the success of the firm’s institutional equity business. He is a Silvercrest Partner and Managing Director, and a member of the company’s Executive Committee.

    Richard Hough, Chairman and Chief Executive Officer of Silvercrest, remarked, “We are immensely proud of Allen Gray’s success and of our talented equity management teams, with whom he has worked so closely for over 15 years. We are thrilled to have Allen leading our institutional business efforts.”

    About J. Allen Gray

    J. Allen Gray is a Managing Director and Head of Institutional Business. Prior to Silvercrest, Mr. Gray served as a Managing Partner and a Member of the Management Committee of Osprey Partners Investment Management, LLC and as President of the Osprey Concentrated Large Cap Value Equity Fund. At Osprey he was responsible for Sales, Marketing and Client Relations. Prior to Osprey Partners, Mr. Gray served as a Managing Director with Radnor Capital Management, a start-up investment firm, where he was responsible for the firm’s sales, marketing and client relations activities. Mr. Gray began his career with Kidder, Peabody & Co. as a financial advisor before accepting a position with Wheat, First Securities, Inc. as Vice President for institutional equity sales as well as continuing to work as a financial advisor to families and individuals. Mr. Gray remained with Wheat, First Securities until the founding of Radnor Capital Management. Mr. Gray received his B.A. in Political Science from Randolph-Macon College.

    About Silvercrest Asset Management

    Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Virginia, Atlanta, New Jersey, California and Wisconsin, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. As of September 30, 2024, the firm reported assets under management of $35.1 billion.

    Contact:
    Richard R. Hough III
    Chairman & CEO
    212-649-0601
    rhough@silvercrestgroup.com

    The MIL Network

  • MIL-OSI: Trawick International Launches Travel Insurance for Canadian Residents

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and VICTORIA, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) — Trawick International, a leader in global insurance, today announced its expansion into Canada with the launch of three new travel insurance plans designed exclusively for Canadian residents.

    Known for its award-winning trip cancellation and travel medical plans, Trawick International brings its expertise to Canada with coverage tailored to the needs of Canadian travelers. The new TrueNorth portfolio includes three plans, offering options from full coverage to budget-friendly protection:

    • TrueNorth Trip Protection Plus – Comprehensive trip cancellation and emergency medical coverage for domestic or international travel. Includes trip interruption up to $25,000, trip delay, emergency medical, evacuation, baggage coverage, and more.
    • TrueNorth Travel Medical – Covers emergency medical expenses and repatriation, ensuring travelers can return to Canada for continued care if necessary. Available as a single-trip or annual plan covering multiple trips up to 15 or 30 days each.
    • TrueNorth Trip Protection Lite – A budget-friendly option covering trip cancellation, delay, interruption, and repatriation of remains.

    All plans include 24/7 non-insurance travel assistance services and have a 10-day free look period.

    Bailey Foster, Senior Vice President of Travel Insurance, Trawick International, commented, “Expanding into Canada is a natural next step for Trawick International, and we’re thrilled to offer plans that meet the unique needs of Canadian travelers. Whether they need full trip protection, emergency medical coverage, or a more budget-friendly option, our TrueNorth plans provide the flexibility and security travelers deserve.”

    Daryl Trawick, President and CEO, Trawick International, added, “Trawick International is committed to redefining travel insurance through innovation, reliability, and customer-focused solutions. Entering the Canadian market represents another significant milestone for us, and we are proud to introduce plans that provide Canadian travelers with the confidence they need to explore the world.”

    For full details on the TrueNorth travel insurance plans for Canadian residents, visit trawickinternational.ca.

    About Trawick International
    For over 25 years, Trawick International has been a leading provider of international insurance, administration, and assistance services. The company offers a full suite of innovative products and services designed to support today’s globally mobile population. For more, visit trawickinternational.com.

    Media Contact
    Melissa Nicholson
    Director, Corporate Communications
    Trawick International
    Melissa.Nicholson@trawickinternational.com

    The MIL Network

  • MIL-OSI: ibex Celebrates Employee Growth and Career Advancement in Jamaica with Third iGrow with ibex Event

    Source: GlobeNewswire (MIL-OSI)

    KINGSTON, Jamaica, Feb. 19, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, recently hosted its third iGrow with ibex event in Jamaica, celebrating employee achievements and fostering career growth within the organization. The event, a cornerstone of ibex’s talent development strategy, recognized the 89 Jamaican team members who earned promotions over the past two quarters, highlighting the company’s commitment to nurturing talent from within.

    iGrow with ibex is a recognition program designed to empower employees, drive employee development and engagement, and build a robust leadership pipeline. The event provides employees with opportunities to connect with leaders, participate in career pathing discussions, and learn about future career opportunities within the company. This year’s event also celebrated two standout employees: the longest-tenured team member and the most promoted individual at ibex Jamaica, both of whom exemplify the company’s culture of career acceleration.

    “At ibex, we believe that our people are our greatest asset,” said Phil Taylor, Senior Vice President and Country Manager for ibex Jamaica. “iGrow with ibex is a testament to our commitment to fostering a culture of growth and opportunity. By investing in our employees’ development, we ensure that ibex remains a place where talent thrives and where future leaders are born.”

    The event, led by ibex’s Talent Mobility team, reinforces the company’s focus on internal mobility as a key differentiator. Through initiatives like iGrow with ibex, ibex Jamaica continues to strengthen its foundation by identifying, developing, and elevating talent from within. This approach enhances employee engagement while supporting the company’s ability to scale effectively.

    As ibex Jamaica looks to the future, programs like iGrow with ibex will remain central to its mission of creating a workplace where employees can grow, succeed, and achieve their career aspirations.

    About ibex
    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of approximately 30 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of over 30,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    Media Contact:
    Dan Burris
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/09ad0cd0-143c-412d-af6f-a46d0766cc9a

    The MIL Network

  • MIL-OSI: Top-Producing LO Chris Franquemont Boomerangs Back to Rate After Brief Stint with CrossCountry

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 19, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, continues to prove that top producers choose to build their careers at the company. After a short time with CrossCountry, Chris Franquemont, a dominant loan originator in the Denver market, has returned to Rate—reinforcing the company’s unmatched ability to help loan officers (LOs) maximize their production and serve their customers at the highest level.

    A 20-year industry veteran, Franquemont has built a reputation as a top-performing LO in Denver, consistently delivering high-volume production and strategic financing solutions for homebuyers. In 2024 alone, he funded $38 million across 103 loans, helping families secure homeownership with expert guidance and efficiency. His decision to return to Rate is a testament to the company’s industry-leading platform, progressive AI technology, and end-to-end support system—one that empowers LOs to significantly grow their businesses.

    “Providing an exceptional customer experience is my top priority. Aligning with Rate allows me to put families in the best position to win homes and makes the mortgage process faster and easier than ever,” said Franquemont. “The combination of Rate’s streamlined processes, cutting-edge technology, and talented personnel create the ideal environment to support my customers on their homeownership journey. Rate absolutely stands apart from the competition in its ability to provide this superior experience.”

    Franquemont’s return underscores the competitive advantage Rate offers to top producers. LOs at Rate consistently outperform industry benchmarks.

    “We’re thrilled to welcome Chris back to Rate. With his incredible track record in the Denver market, Chris is a valuable addition to our team,” said Victor Ciardelli, CEO of Rate. “We’re excited to support his current business and work alongside him to expand his reach, serving both his customers and referral partners with the highest caliber of service in the industry.”

    Rate has consistently attracted and retained top-producing LOs by offering a proven framework for exponential growth that competitors struggle to match. The company’s advanced AI-driven technology, comprehensive infrastructure, and national footprint provide unparalleled advantages, reaffirming that when it comes to long-term success, top producers choose Rate.

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate is the #2 retail mortgage lender in the U.S., with over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service.

    Honors and awards include:
    Best Mortgage Lender for First-Time Homebuyers by NerdWallet (2023)
    HousingWire’s Tech100 award for FlashClose℠ (2020), MyAccount (2022), and Language Access Program (2023)
    #2 ranking in Scotsman Guide’s 2022 list of Top Retail Mortgage Lenders
    Most Scotsman Guide Top Originators for 11 consecutive years
    Chicago Agent Magazine’s Lender of the Year for seven consecutive years
    Chicago Tribune’s Top Workplaces list for seven straight years

    Visit rate.com for more information.

    Press Contact

    press@rate.com

    The MIL Network

  • MIL-OSI: Rapsodo Extends NIL Deals to Two of the Nation’s Top Baseball Prospects, Amplifying Its Goal to Help Athletes Improve Their Skills

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, Feb. 19, 2025 (GLOBE NEWSWIRE) — Rapsodo, the company known for giving athletes the sports technology they need to play like never before, announces the addition of two athletes to the Rapsodo baseball NIL community: Noah Franco and Sebastian “Sushi” Wilson. The partnerships reflect Rapsodo’s commitment to both players as they advance their careers and continue to pursue their dreams of reaching baseball’s highest level – the MLB.

    Franco, the No. 7 nationally ranked 2024 prospect by Perfect Game, is starting his freshman season for the Texas Christian University (TCU) Horned Frogs as a two-way player – a first baseman and left-handed pitcher. While a high school player at IMG Academy in Bradenton, FL, Franco found success with a mid-90s fastball and honing his hitting skills with a batting average of .319. Franco’s success landed him on the 18U USA Baseball National Team in 2022 and 2023, a spot on the USA Prospect Development Pipeline and recognition as a high-school All-American by the MLB, Baseball America, Under Armour and Perfect Game. Franco has already been named the Big 12 Preseason Freshman of the Year.

    “I’ve used Rapsodo technology in practices and training programs my entire life, and because of that, I understand how important it is to track my performance with data when looking for ways to improve my game,” Franco said. “When I was being recruited, coaches often asked for data that backed up my skills, and I was able to show them my Rapsodo profile that showcased my two-way game. I’m excited for the next chapter of my baseball career at TCU and am thrilled to represent Rapsodo along the way.”

    Wilson, a sophomore at IMG Academy in Bradenton, FL, formerly with Lane Technical High School in Chicago, is both a right-handed pitcher and outfielder. While in the seventh grade, he verbally committed to the University of Tennessee – one of college baseball’s best programs, and at 16 years old, his skills as a utility player have solidified his place as one of the nation’s top recruits. Wilson’s talent is reflected in the data collected on his performance. As of June 2024, Wilson has recorded a 6.62 60-yard dash, reached 90 mph when pitching and had an exit velocity of 98 mph, according to Perfect Game. Most recently, Wilson was honored by MaxPreps for their 2024 Underclass All-America Team.

    “My ultimate goal is to find success in baseball as a two-way player,” Wilson said. “I’m thankful for the opportunity to join the Rapsodo team, as I believe understanding my metrics and tracking my data will help me improve my performance across all levels of my hitting and pitching game.”

    Rapsodo’s PRO 3.0 and PRO 2.0 devices measure both hitting and pitching data by tracking key performance metrics. The success of both Franco and Wilson as two-way players makes them perfect fits for Rapsodo’s technology and NIL community. By utilizing Rapsodo, both players will continue to grow their two-way game using the most accurate, reliable and affordable baseball technology available.

    “Young athletes in the early stages of their baseball careers are in tune with technology now more than ever before, and we’re seeing more MLB players join the league having already used baseball technology in their career,” said Katrina Hartwell, general manager of Rapsodo North America. “We’re thrilled for the opportunity to partner with Noah and Sebastian so early in their careers because we see their potential and want them to use Rapsodo technology to further enhance their game. We’ll be keeping tabs on their seasons and cheering for their success in hopes that they reach the next level.”

    Today’s announcement introduces Franco and Wilson to Rapsodo’s community of elite athletes in the Rapsodo Baseball NIL program. All five NIL athletes in Rapsodo’s previous baseball NIL class were drafted in the first two rounds of the 2024 MLB draft: Chase Burns (Cincinnati Reds – round 1, No. 2 overall), Jac Caglianone (Kansas City Royals – round 1, No. 6 overall), Vance Honeycutt (Baltimore Orioles – round 1, No. 22 overall), Blake Burke (Milwaukee Brewers – round 2, No. 34) and Brody Brecht (Colorado Rockies – round 2, No. 38 overall).

    Rapsodo’s mission of helping athletes reach their highest levels of success also translates to softball where Rapsodo is continuing to expand its NIL presence. With the launch of PRO 2.0 Softball in late 2024, Rapsodo added three players from the University of Florida to the Rapsodo NIL community.

    • Jocelyn Erickson – the NFCA Division 1 Player of the Year, 2024 Rawlings Gold Glove award-winner, 2024 unanimous First Team All-American and 2024 SEC Player of the Year
    • Ava Brown – 2023 National Gatorade Softball Player of the Year, 2023 Gatorade Best Female Athlete, 2024 NFCA All-Southeast Region Second Team and 2024 All-SEC Second Team
    • Keagan Rothrock – 2024 SEC Freshman of the Year, 2024 NFCA All-American Third Team, 2024 NFCA D1 Freshman of the Year Top 10

    The Gators have started the season 13-1 and are currently ranked No. 3 according to D1Softball. A media kit with photos and videos of the Gator athletes using the Rapsodo Softball PRO 2.0 can be found here.

    Players and coaches interested in using Rapsodo’s game-changing technology can find more information on Rapsodo.com.

    About Rapsodo
    Rapsodo defies limits with affordable, professional-grade technology to enhance the way athletes play across the world. Used by MLB teams, NCAA Division I Champions, and elite PGA coaches, Rapsodo technology has earned multiple MyGolfSpy’s Best Of Golf Awards and the Official Player Development Partner of USA Baseball, affirming Rapsodo’s leadership in golf, baseball, and softball tech. Do what you didn’t think was possible. Play Without Limits. Play with Rapsodo. Discover more at Rapsodo.com.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Rapsodo
    tara.evans@moburst.com

    The MIL Network

  • MIL-OSI: Ashtrom Renewable Energy Announces Power Purchase Agreement (PPA) with CPS Energy for El Patrimonio Solar Project in Texas

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Feb. 19, 2025 (GLOBE NEWSWIRE) — Ashtrom Renewable Energy, a global independent power producer and renewable energy developer and subsidiary of Ashtrom Group, has signed a Power Purchase Agreement (PPA) to sell electricity to the municipality of San Antonio, Texas through CPS Energy, the city’s local utility company.

    According to the signed agreement, CPS Energy (Aa2 Moody’s) will purchase approximately 70% of the electricity produced by the project, along with purchasing green certificates (RECs), for a period of 20 years at a predetermined fixed price. Under the agreement, Ashtrom has committed to achieve the commercial operation of the El Patrimonio project by the second half of 2027. The remaining electricity produced by the project is expected to be sold within Texas’s open electricity market. The project will produce electricity equivalent to the annual consumption for about 37,500 households.

    “We are proud to announce a significant collaboration and the signing of an important agreement with CPS Energy, the largest municipal utility company in the U.S.,” said Yitsik Mermelstein, CEO of Ashtrom Renewable Energy. “The agreement is not only an expression of our great partnership with CPS Energy, but also a central pillar in realizing our strategic vision to expand renewable energy activities in the country. This step strengthens our position as a leading player in the industry and is a significant milestone in the company’s growth journey.”

    El Patrimonio is Ashtrom’s second solar project in Texas, marking a key achievement for the company that further deepens its presence in the ERCOT market. The completion of the PPA is expected to accelerate the project’s development and construction processes. The solar project is expected to be constructed in Bexar County, Texas, with a planned capacity of approximately 150 megawatts (AC).

    In addition to delivering electricity to San Antonio, the El Patrimonio project will support the local economy and community through educational activities. Ashtrom will establish an annual scholarship program, offer field tours of the El Patrimonio site for local students, and host job fairs on-site. Through these efforts, Ashtrom aims to enhance community knowledge of renewable energy and the role people can play in its future.

    About Ashtrom Renewable Energy

    Ashtrom Renewable Energy is delivering clean energy at scale. We build best-in-class renewable energy projects in the United States and around the globe. With a hands-on, risk-informed approach that emphasizes strategic and cost-effective execution, the company is an independent power producer (IPP) led by a team of energy experts with decades of experience in solar and wind siting, development, construction, financing, and operation. Ashtrom Renewable Energy leverages the financial stability and culture of excellence cultivated by Ashtrom Group (TASE: ASHG), a leading infrastructure, construction, and real estate development company with a 60-year legacy of success. With a development pipeline of ~1.8 GWdc in the U.S. and ~2.5 GWdc worldwide, Ashtrom Renewable Energy is poised to rapidly scale its development and investment activities in the U.S. market for the long term. Learn more about Ashtrom Renewable Energy at https://www.ashtromrenewableenergy.co.il/en

    About Ashtrom Group 
    Ashtrom is one of Israel’s leading construction and real estate companies whose shares are traded on the Tel Aviv Stock Exchange 90 index The group operates in several operating sectors: Construction and infrastructure contracting in Israel – including, inter alia, residential and infrastructural contract constructions; Franchise – participation in tenders and executing planning, operations and financing activities for large-scale infrastructure and residential projects; Housing entrepreneurship in Israel, through Ashdar, a subsidiary that is a leader and among the oldest companies in the field; Investment and entrepreneurial real estate, through Ashtrom Properties, a subsidiary operating in Israel, Germany and England, holding and managing shopping malls and commercial centers, office buildings and employment centers, industrial structures and more; Industries – mainly manufacturing, marketing and selling raw materials to the construction industry and importing and marketing finishing products for the construction industry; Construction and infrastructures contracting abroad, as well as residential real estate development in the U.S. and Europe – performed by Ashtrom International; Renewable energy – investment in wind, solar, storage and other energy related projects in Israel and worldwide. Ashtrom Group chairperson is Mr. Rami Nussbaum, and the group’s CEO is Mr. Gil Gueron.

    Media Contact
    Nic Savo
    nic@teamsilverline.com

    The MIL Network

  • MIL-OSI: Veriam Becomes the First to Deliver a Fully Integrated Platform for Identity, Access, Subscriptions, and Contracting, Completing Phased Rollout

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, Feb. 19, 2025 (GLOBE NEWSWIRE) — In a first, Veriam launches a fully integrated solution for online service providers and SaaS solutions, allowing them to manage identity, access, subscription, contracting, and invoicing on a single platform. This marks a major step in Veriam’s phased rollout, which began in November 2024 with the introduction of its identity and access management (IAM) feature.

    Veriam’s integrated approach sets it apart from other solutions in the market, which often specialize in standalone features, resulting in customer journeys that depend on fragmented tools. By eliminating reliance on separate, disconnected tools, Veriam combines core functionalities in one efficient platform, enabling businesses to manage everything from authentication to payments in a single workflow. This allows them to focus on their core offerings, rather than spending time building custom integrations or switching between separate tools, all while improving customer onboarding and retention.

    “Fragmented systems force companies to waste valuable time and resources managing multiple tools, learning different interfaces, and patching together different solutions just to keep things running,” said Jeroen de Bruijn, Founder & Co-CEO of Veriam. “We’ve built a single, scalable solution that replaces disconnected systems, so businesses can focus on what matters most.”

    A smarter alternative to traditional IAM and subscription tools
    Traditional IAM and subscription tools require extensive development work for integration, maintenance, and scaling. Veriam makes setup easier, reducing integration code by 99% while boosting conversions to paying customers.

    With a unified workflow for authenticating users, managing permissions, handling contracts, and processing payments, Veriam makes user adoption more efficient, facilitating smooth transitions from free to paid services. Its flexible policy engine supports a wide range of access models, from role-based control to complex attribute- and resource-based policies. The platform will soon support various subscription models, including monthly and annual licenses, advanced or arrears payments, and pay-as-you-go pricing.

    For businesses, this means lower costs and reduced administrative workload, as they no longer need to pay for separate IAM, subscription, contracting, and billing tools. As companies grow, Veriam scales with them, making it easy to add new products and expand to new markets without constantly reworking their tech stacks. Multiple user tiers, organizational units, and access levels can all be easily managed within one, unified platform.

    The integration process for businesses adopting Veriam
    A single connection using a standard protocol allows businesses to integrate with Veriam, eliminating the need to configure separate systems for identity and access management, contracting, subscription management, payments, and invoicing. Once connected, Veriam handles authentication and authorization requests, giving service providers full oversight of access controls, subscription plans, and payments. At the same time, their customers enjoy convenient access to self-service features, subscriptions, and all Veriam-connected providers with a single login. At the application level, it ensures a frictionless, low-maintenance setup that enhances efficiency and usability.

    Key features of Veriam’s platform

    • Real-time access updates. Subscription changes instantly update access permissions, reducing support tickets and preventing lockouts.
    • Fewer points of failure. A unified system reduces security risks caused by disconnected tools, API syncs, or manual processes.
    • One login for everything. With a single login, customers can access all their products, subscriptions, and data across Veriam-connected providers.
    • Built-in compliance. Veriam helps businesses stay compliant with GDPR, PCI-DSS standards, clear audit trails for easy reporting; and policy-based access control.

    By providing unlimited B2B authentication and authorization for free, Veriam presents a unique market proposition that sets it apart in the industry. Through the Veriam Startup Program, qualifying early-stage companies can access the fully integrated solution (Access and Subscription Management) at no additional cost—only passing on transaction fees to ensure minimal operational expenses. Startups can now join a waiting list to get started.

    For more information, contact:
    Sofia Chiscop- sofia@prlab.co

    You can find the press kit here.

    About Veriam

    Veriam is an all-in-one platform for managing identity, access, and subscriptions, designed to make B2B operations simpler. By integrating identity verification, policy-based access control, and subscription management, Veriam reduces complexity, cuts costs, and increases security. A subsidiary of Metrics Matter, Veriam aims to streamline processes such as onboarding, authentication, and contract management while helping businesses improve conversions and optimize infrastructure.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6b4e4320-ffcd-428d-a040-69d296983aa2

    The MIL Network

  • MIL-OSI: Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) — Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant enhancements to FortiAnalyzer, reinforcing its role in driving faster, smarter security operations (SecOps) all from a single, turnkey hybrid platform tailored for midsize enterprises and teams impacted by the cyber skills shortage.

    FortiAnalyzer is a powerful, streamlined entry point to scale an organization’s security operations center (SOC), providing broad coverage for both on-premises and cloud environments from a single platform. With ready-to-deploy capabilities that deliver complete control with centralized visibility, advanced threat detection, and automated incident response, FortiAnalyzer helps organizations increase their agility and ability to rapidly expand SecOps coverage and use cases without adding complexity.

    “Security teams today are stretched thin, yet they’re expected to defend against increasingly complex and targeted threats,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “With the latest advancements in FortiAnalyzer, we’ve eliminated the need for additional SecOps tools, making it the ideal turnkey AI-driven security operations platform supporting on-premises and cloud environments. This is a game-changer for lean security teams, allowing them to enhance threat detection, automate incident response, and streamline critical security operations functions from a single platform.”

    AI-Driven Security Operations, Simplified
    As cyberthreats grow more sophisticated and the attack surface expands, organizations—particularly those with resource-constrained security and IT teams—struggle to manage security operations effectively. Recognizing this challenge, Fortinet continues to evolve FortiAnalyzer with cutting-edge AI and automation, ensuring that organizations can detect, investigate, and respond to threats faster and more efficiently without needing a complex, multi-tool security stack.

    The newly enhanced FortiAnalyzer delivers:

    • Unified data lake for centralized visibility: Consolidated network and security logs, security analytics, and compliance reporting from across the Fortinet Security Fabric into a single platform view, with enhanced IoT, SOC, email security, and endpoint dashboards offer deeper insights into high-severity incidents, compromised hosts, and vulnerabilities, reducing complexity for security teams.
    • Advanced threat detection and AI-powered analysis from FortiGuard Labs: Enriched views with integrated threat intelligence, including the FortiGuard Indicator of Compromise (IoC) and Outbreak Detection subscription help analysts identify and address vulnerabilities faster. FortiAnalyzer built-in AI capabilities automatically identify high-priority alerts and downloads relevant event handlers, correlation rules, and reports to help organizations understand an attack’s background, timeline, affected technologies, and related threat intelligence. These capabilities have been further enhanced through zero-trust network access (ZTNA)-based detections and Safeguarding, which detect harmful content to identify and mitigate emerging threats effectively.
    • Automated incident response: New prebuilt SOC automation content packs equip teams with the latest event handlers, playbooks, and third-party log parsers, such as Armis Platform, Microsoft Office 365, and more, enabling security teams to contain and remediate threats with minimal manual intervention.
    • Expanded automation connectors: Enhanced native integrations with FortiAuthenticator, FortiSandbox, FortiWeb, FortiMail, and VirusTotal provide more automation actions, reducing response times and improving incident resolution.
    • Native integration with the Fortinet Security Fabric: Unified interoperability across Fortinet’s cybersecurity solutions ensures end-to-end protection with AI-driven correlation and actionable insights.
    • Third-party device and dynamic SOC service support: Integrations with third-party devices and dynamic SOC services ensure organizations can seamlessly deploy FortiAnalyzer within their existing infrastructure and secure their entire ecosystem with a unified platform.
    • Embedded GenAI assistance: FortiAI, the Gen-AI assistant built into the FortiAnalyzer user experience, maximizes the product capabilities, analytics, and telemetry to help security teams supercharge threat investigation and response at the speed of AI.

    A Smarter Approach to Security Operations

    With these latest innovations, FortiAnalyzer empowers lean security teams to manage hybrid environments at the level of large, well-resourced security operations teams without requiring extensive personnel or multiple security tools. By leveraging AI-driven automation, FortiAnalyzer enables organizations to maximize efficiency at scale without complexity, delivering faster detections, smarter responses, and decreased risk within a unified platform.

    Current FortiAnalyzer customers with FortiGuard subscription services already have access to the new features and capabilities. Content packs are updated regularly, ensuring that organizations keep pace with emerging threats and enabling the expansion of SOC coverage as needs evolve.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. 

    The MIL Network

  • MIL-OSI: Varonis Named to CRN’s 2025 Security 100 List

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Feb. 19, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named by CRN®, a brand of The Channel Company, to its Security 100 list. The annual list recognizes security vendors committed to working with channel partners to protect organizations from cyber threats.

    Varonis was named in the Identity, Access and Data Security category for its ongoing innovation as a top-rated Data Security Platform. Varonis’ extensive channel partner network helps customers achieve effortless security outcomes with automation and secure what matters most — data.

    “Our partners recognize that data security is a critical and urgent challenge facing organizations. Together, we are aiding customers in preventing data breaches by securing data across the cloud and in SaaS applications,” said John Siverd, Vice President of Channel at Varonis. “We are beyond pleased to be included for the seventh consecutive year on the CRN Security 100 list, a testament to the outstanding and ongoing collaboration with our global partners.”

    “Each company on the Security 100 list provides cutting-edge security offerings through solution providers in the IT channel,” said Jennifer Follett, Vice President, U.S. Content and Executive Editor, CRN, at The Channel Company. “Robust cybersecurity is essential for modern businesses, and these vendors are committed to keeping their security portfolios ahead of bad actors and emerging threats. We congratulate them and look forward to seeing how they advance cybersecurity innovations in the future.”

    The 2025 Security 100 list will be featured in the February 2025 issue of CRN and online at www.crn.com/security100

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com 
    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    About The Channel Company 
    The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

    Follow The Channel Company: LinkedIn, X, and Facebook.

    © 2025 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved. 

    The Channel Company Contact: 
    Kristin DaSilva
    The Channel Company
    kdasilva@thechannelcompany.com

    The MIL Network

  • MIL-OSI: Traliant bolsters commitment to digital security awareness with enhanced cybersecurity, data privacy and intellectual property training

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced its new Cybersecurity Awareness training to better protect organizations’ digital infrastructures and ensure compliance with relevant laws, industry standards and company policies.

    In today’s fast-paced digital landscape, the prevalence and maturity of information security threats and risks continues to increase. Cybersecurity awareness training is crucial for all organizations, especially those that handle sensitive data or operate in a digitally connected environment. Traliant’s Cybersecurity Awareness training is designed to help employees understand common cybersecurity threats, learn best practices for protecting themselves and company data and know how to report suspicious activity.

    “Cybersecurity awareness is crucial to preventing employees from making errors that can expose companies to costly breaches,” said Mike Dahir, CEO of Traliant. “Effective training not only helps thwart potential threats and safeguard sensitive information but also cultivates a culture of security where everyone understands their role in protecting an organization’s digital footprint.”

    In addition to the 30-minute course, Traliant’s Cybersecurity Awareness training can be enhanced with Phishing Simulations, a practical, hands-on experience to improve an employee’s ability to spot phishing threats, as well as quarterly microlearning courses that keep employees prepared year-round on topics such as AI-enabled threats, social engineering, internet security and insider threats.

    As part of its commitment to helping organizations understand the full scope of modern security risks, Traliant also recently introduced new Global Data Privacy Awareness and Protecting Intellectual Property training. The courses are designed to promote a culture of compliance by educating employees on how to safeguard customer information and protect a company’s intellectual assets.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.

    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment trainingdiversity trainingcode of conduct training, and many more.  

    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn.

    Contact
    Reagan Bennet
    traliant@v2comms.com 

    The MIL Network

  • MIL-OSI: Ataccama and Concord Partner to Accelerate Data Modernization in Regulated Industries

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) — Ataccama, the data trust company, today announced a strategic partnership with Concord USA, LLC (“Concord”), a leading technology consultancy, to tackle the complex challenges of data modernization in highly regulated industries. This partnership builds on Ataccama’s Solution Partner Program to support joint enterprise clients to accelerate data-driven digital transformation and deliver measurable business value.

    Many organizations struggle to achieve high-quality, trusted data due to siloes created by legacy systems and fragmented data environments. This creates unstructured, inconsistent data that complicates analytics. These issues are magnified in highly regulated sectors like healthcare and financial services where inaccuracies can have costly—even critical—consequences. For example, healthcare requires 99.9% data accuracy to support confident decision-making and meet stringent regulatory standards, far exceeding the 80% threshold acceptable in other industries.

    Ataccama’s unified data trust platform tackles these challenges by enabling organizations to catalog and classify their data, giving them clarity on its health and origin, and allowing them to improve the quality of their data by fixing all identified issues. With data cleansed, standardized, and consolidated into a single, trusted source of truth, organizations are empowered to make informed, compliant decisions and drive meaningful outcomes.

    Concord brings a proven track record in healthcare and financial services, specializing in digital transformation and seamless data migration for Fortune 500 clients. Together, Ataccama and Concord help organizations modernize data ecosystems, and achieve digital transformation with the confidence that comes from trusted, high-quality data.

    “Healthcare and insurance organizations face some of the most complex data challenges, from fragmented legacy systems to meeting stringent regulatory requirements,” said Florin Ibrani, Chief Executive Officer at Concord. “Our partnership with Ataccama better enables highly-regulated organizations to future-proof their data infrastructure and achieve the data accuracy and availability required to advance their modernization goals confidently.”

    “Data trust is non-negotiable in healthcare and insurance—where inaccuracies can have costly, even critical, consequences,” said Jessica Goulart, vice president of Partnerships at Ataccama. “Our solution partner program supports consultancies and system integrators to provide the implementation services to support our joint clients to implement the Ataccama unified data trust platform for data quality, catalog, lineage, observability and master data management. Through our partnership with Concord, we help organizations overcome their regulated industry challenges and advance their digital transformation initiatives to drive success.”

    For more information about the Ataccama Partner Program, visit the Ataccama Partner Hub.

    About Ataccama
    Ataccama is the data trust company. Organizations worldwide rely on Ataccama ONE, the unified data trust platform, to ensure data is accurate, accessible, and actionable. By integrating data quality, lineage, observability, governance, and master data management into a single solution, Ataccama enables businesses to unlock value from their data for AI, analytics, and operations. Trusted by hundreds of global enterprises, Ataccama helps organizations drive innovation, reduce costs, and mitigate risk. Recognized as a Leader in the 2024 Gartner Magic Quadrant for Augmented Data Quality and the 2025 Magic Quadrant for Data and Analytics Governance, Ataccama continues to set the standard for trusted data at scale. Learn more at www.ataccama.com.

    About Concord
    Concord USA, LLC (“Concord”) is a next-generation technology consultancy focused on experience, data, and cloud engineering & modernization. Based in Minneapolis, Minnesota, with supporting operations across the United States, Latin America, Eastern Europe, and India, Concord serves leading enterprises and innovators in the healthcare, technology, consumer, manufacturing, distribution, and financial services industries. With a unique combination of industry expertise, technology know-how, and project execution reliability, Concord helps customers unlock business value by solving their most difficult data and technology problems. For more information, visit concordusa.com.

    The MIL Network

  • MIL-OSI: Form 8.3 – [ALLIANCE PHARMA PLC – 18 02 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    ALLIANCE PHARMA PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    18 FEBRUARY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 12,221,397 2.2609    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 12,221,397 2.2609    

    NOTE: On 18/02/2025 there was a transfer in of 12,933 shares by a discretionary client.

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 4,600 61.3p
    1p ORDINARY SALE 32,700 61.312p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 19 FEBRUARY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Dave to Host Fourth Quarter and Full Year 2024 Results Conference Call on March 4, 2025 at 8:30 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) — Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, March 4, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The Company’s results will be reported in a press release after market close on the day prior to the conference call.

    Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows:

    Date: Tuesday, March 4, 2025
    Time: 8:30 a.m. Eastern time
    Dial-in registration link: here
    Live webcast registration link: here

    The conference call will also be available for replay in the Events section of the Company’s website, along with the transcript, at https://investors.dave.com.

    If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at DAVE@elevate-ir.com.

    About Dave

    Dave (Nasdaq: DAVE) is a leading U.S. neobank and fintech pioneer serving millions of everyday Americans. Dave uses disruptive technologies to provide best-in-class banking services at a fraction of the price of incumbents. Dave partners with Evolve Bank & Trust, a FDIC member. For more information about the company, visit: www.dave.com. For investor information and updates, visit: investors.dave.com and follow @davebanking on X.

    Investor Relations Contact

    Sean Mansouri, CFA
    Elevate IR
    DAVE@elevate-ir.com

    Media Contact

    Dan Ury
    press@dave.com

    The MIL Network

  • MIL-OSI: Fluent, Inc. Appoints Adrian Stack as Chief Product Officer; Accelerates AI-Powered Innovation in Commerce Media

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading commerce media solutions company, today announced the appointment of Adrian Stack as Chief Product Officer. Stack will lead the Company’s product vision and strategy, advancing Fluent’s AI-powered Commerce Media Solutions to elevate consumer engagement and enhance partner and advertiser success.

    With over 15 years of experience in product development leadership, Stack has a proven track record of driving growth through AI-driven technologies. Most recently, he led Data Engineering (Data Science & AI) at Zillow. Previously, as SVP of Product at Rokt, he played a key role in scaling the company’s commerce media business, overseeing data engineering, machine learning, and analytics.

    “We’re thrilled to welcome Adrian as we continue to build a world-class product team to strengthen Fluent’s AI-powered marketplace,” said Don Patrick, Chief Executive Officer at Fluent. “Adrian’s leadership will accelerate investment in our data infrastructure and product capabilities, while leveraging Fluent’s unique competitive advantages to deliver more impactful commerce media solutions and results for partners, advertisers, and consumers.”

    As commerce media evolves, brands require more intelligent, scalable solutions to reach and convert high-intent consumers. Fluent’s investments in AI, identity resolution, and bidding technology position the Company to enhance ad relevance for consumers and maximize ROI for advertisers.

    “I’m excited to help drive the next wave of product innovation at Fluent,” said Stack. “We are building an AI-powered marketplace that seamlessly connects brands with high-value consumers at scale.” By leveraging our proprietary first-party identity graph and advanced machine learning models, we are driving higher ad relevance, increased conversions, and more profitable brand-consumer connections.”

    Supported by 14 years of expertise in customer acquisition, Fluent continues to differentiate itself in the commerce media space through its owned and operated marketplaces and robust first-party data assets. Building on this foundation, Stack will play a key role in enhancing data strategies, driving product innovation, and unlocking new opportunities for long-term growth and profitability.

    About Fluent, Inc.

    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit https://www.fluentco.com/.

    Contact Information

    Investor Relations

    Fluent, Inc.

    InvestorRelations@fluentco.com

    The MIL Network

  • MIL-OSI: Inuvo to Host Fourth Quarter and Year End 2024 Financial Results Conference Call on Thursday, February 27th at 4:15 P.M. EST

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., Feb. 19, 2025 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of intelligent advertising technology, will host a conference call on Thursday, February 27, 2025, at 4:15 PM Eastern Standard Time to discuss its financial results and provide a business update for the fourth quarter and year-end 2024.

    Conference Call Details: 
    Date: Thursday, February 27, 2025
    Time: 4:15 p.m. Eastern Standard Time 
    Toll-free Dial-in Number: 1-800-717-1738
    International Dial-in Number: 1-646-307-1865
    Conference ID: 11158080
    Webcast Link: HERE

    A telephone replay will be available through Thursday, March 13, 2025. To access the replay, please dial 1- 844-512-2921 (domestic) or 1-412-317-6671 (international). At the system prompt, please enter the code 11158080 followed by the # sign. You will then be prompted for your name, company, and phone number. Playback will then automatically begin.

    About Inuvo

    Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.

    Safe Harbor / Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo’s quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the “SEC”), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Inuvo, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed on February 29, 2024, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo’s business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third-party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release.

    Inuvo Company Contact:
    Wally Ruiz
    Chief Financial Officer
    Tel (501) 205-8397
    wallace.ruiz@inuvo.com

    Investor Relations :
    David Waldman / Natalya Rudman
    Crescendo Communications, LLC
    Tel: (212) 671-1020
    inuv@crescendo-ir.com  

    The MIL Network

  • MIL-OSI: Preem Partners with Imubit to Drive Sustainability and Lower Emissions Through Advanced Closed Loop AI Optimization

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, Feb. 19, 2025 (GLOBE NEWSWIRE) — Houston, TX – February 19, 2025 – Imubit, a global leader in closed loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have entered into a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s Closed Loop AIO technology. As part of Sweden’s drive toward a carbon-neutral future, this partnership underscores Preem’s commitment to innovative, data-driven solutions to reduce emissions and increase operational efficiency.

    Preem has set ambitious goals for emissions reduction, including meeting net zero GHG emissions throughout the value chain by 2035.  To meet this ambitious target, digitalisation for increased profitability is one of the main areas in Preem’s strategy. This partnership with Imubit represents a significant step in that direction. Imubit’s AI-driven Optimizing Brain™ solution will enable Preem’s Lysekil refinery to maximize the production efficiency of its Fluid Catalytic Cracking (FCC) unit. This is anticipated to also result in emissions reductions and fuel savings by enhancing yield profiles and stabilizing the fuel gas balance.

    Dennis Rohe, Business Consulting Lead at Imubit, expressed the potential impact of the project: “Our collaboration with Preem is an opportunity to showcase the power of AI in industrial sustainability. By optimizing process variables to minimize environmental impact, we are supporting Preem in achieving emission reductions. We’re excited to drive forward their vision of greener refining practices.”

    “At Preem, we are constantly exploring new technologies to reach our sustainability goals,” Erika Wikström, SVP of Technology. “Working with Imubit allows us to leverage cutting-edge AI to optimize our renewable processes while minimizing our carbon footprint. This collaboration is an important step toward a more sustainable future for our industry.”

    The partnership between Imubit and Preem demonstrates the role of AI in transforming process industries and advancing sustainable operations. Imubit’s Closed Loop AI Optimization will help Preem set a new standard in refining, by including AI-optimisation on top of Preem’s already ambitious plans to reduce dependency on fossil fuels and enabling a sustainable energy transition across Europe.

    -ENDS-

    The MIL Network

  • MIL-OSI: Heliene and Origami Solar Announce Multi-Year Agreement to Provide Steel-Framed PV Modules, Advancing Solar Industry Domestic Content, Sustainability and Value

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN IRON, Minn. and BEND, Ore., Feb. 19, 2025 (GLOBE NEWSWIRE) — Heliene Inc., a leading North American solar module manufacturer, and Origami Solar, a pioneer in steel solar module frames, are pleased to announce a multi-year agreement to offer U.S.-made, steel-framed solar modules to the North America market. Starting in April 2025, Heliene’s 144 and 156 half-cut bifacial modules will be available with Origami Solar’s strong and durable steel frames in addition to existing aluminum frame options. Origami’s steel frames offer customers increased product resilience and reduced greenhouse gas emissions, while providing a cost reduced and scalable source of domestic steel frames.

    Cost-Effective, Durable Frames Built for the Future of Solar

    Origami’s innovative steel frames provide a compelling cost advantage over domestic aluminum and eliminate the tariff and supply chain risk of imported aluminum frames. The Origami Solar frames also deliver a significant strength advantage versus weaker foreign aluminum frames. As module sizes grow and extreme weather events become more frequent, Origami’s rigorously tested steel frames outperform aluminum and help to solve emerging challenges in module fragility. Origami Solar steel frames have demonstrated superior structural performance with multiple leading tracker systems, protecting Heliene’s high-performance modules in challenging environments and ensuring structural resilience over the long term.

    “Integrating Origami’s steel frames into our 144 and 156 HC M10 SL modules enables Heliene to offer developers an affordable and sustainable domestic module,” said Martin Pochtaruk, CEO of Heliene. “This partnership aligns with our mission to strengthen the domestic solar supply chain while optimizing product value and minimizing environmental impact. We’re proud to offer steel frames as an option for customers seeking these benefits.”

    Origami’s steel frames provide more than just immediate cost savings; their domestically produced supply chain eliminates all duty, tariff, and impoundment risks. Furthermore, the switch to steel reduces embodied carbon in module frames by over 90% vs foreign aluminum.

    “Our steel module frames provide a robust, 100% domestically sourced solution for solar module manufacturers like Heliene, as well as developers and EPCs seeking to reduce costs, improve performance and ensure a reliable domestic supply chain,” said Gregg Patterson, CEO of Origami Solar. “Origami Solar’s steel frames offer superior strength, enhancing the durability and long-term performance of solar assets from shipping to end-of-life. Heliene is a leader in delivering domestically sourced modules, and we look forward to driving the industry-wide transition to steel-framed PV modules together.”

    Heliene’s commitment to a resilient, domestic supply chain is further demonstrated by recent partnerships with SOLARCYCLE, securing recycled glass for its modules, Suniva, incorporating U.S.-made monocrystalline silicon solar cells into its manufacturing and NorSun, sourcing U.S.-made silicon wafers. Together with the Origami Solar partnership, these initiatives provide Heliene with the materials needed to achieve sustainable manufacturing practices while keeping costs competitive.

    About Heliene

    Heliene, Inc. is one of North America’s fastest-growing domestic module manufacturers serving the utility-scale, commercial, and residential markets. With an in-house logistics team and remarkably responsive support staff, Heliene delivers competitively priced, high performance solar modules precisely when and where customers need them to accelerate North America’s clean energy transition. Founded in 2010, Heliene consistently ranks as a highly bankable module manufacturer. For more information, visit www.heliene.com.

    About Origami Solar

    Origami Solar is the leading developer of an innovative steel solar panel frame that is transforming the solar industry with a transparent, domestic recycled steel supply base, precise high-speed production, and dramatically lower greenhouse gas emissions. By sourcing steel from an established regional ecosystem, solar module manufacturers can eliminate supply chain risk, decarbonize their modules, and qualify for important domestic content incentives. Origami’s experienced leadership team has successfully developed utility-scale solar projects, commercialized PV components, and launched and scaled several renewable energy companies. For more information, visit: www.origamisolar.com.

    Media Contact:

    Heliene
    heliene@fischtankpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d99db78-c0f8-4d66-a1a8-4f468dc93cd4

    The MIL Network

  • MIL-OSI: Hobson & Company Analysis of KnowBe4 Finds 200-400% ROI in Reducing Human Risk

    Source: GlobeNewswire (MIL-OSI)

    Tampa Bay, FL, Feb. 19, 2025 (GLOBE NEWSWIRE) — KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today released the findings from a new report from Hobson & Company titled “From Risk to Return: How KnowBe4 Helps Deliver Measurable ROI”.

    Despite multiple security layers, breaches remain costly, with IBM reporting a 10% increase in the average data breach cost, reaching $4.88 million in 2024.

    The independent analysis from Hobson & Company found that organizations implementing KnowBe4’s Human Risk Management platform can achieve payback in just 3.5 months. For a typical organization with 2,000 employees,  KnowBe4 delivered over $537,000 in operational savings and $415,500 in reduced risk exposure over three years.

    “In today’s evolving threat landscape, organizations cannot afford to overlook the human element of cybersecurity,” said Stu Sjouwerman, CEO, KnowBe4. “This new research shows that organizations implementing comprehensive security awareness training and phishing simulation programs are seeing dramatic returns on their investment. With cyber threats becoming more sophisticated through AI-driven social engineering, the ability to transform employees from a potential vulnerability into a strong human firewall has never been more critical.”

    Key findings from the study include:

    • 80% reduction in time spent delivering security awareness training
    • 95% reduction in time spent conducting phishing simulations
    • 85% reduction in time investigating and remediating malicious emails
    • 25% decrease in risk of data breaches and ransomware attacks
    • The monthly cost of delaying the implementation of KnowBe4 would be $19,000
    • 20% decrease in cyber insurance premiums and potential compliance fines 

    To download the report, visit https://www.knowbe4.com/resources/whitepapers-and-ebooks/risk-to-return-how-knowbe4-delivers-roi

    About KnowBe4
    KnowBe4 empowers workforces to make smarter security decisions every day. Trusted by over 70,000 organizations worldwide, KnowBe4 helps to strengthen security culture and manage human risk. KnowBe4 offers a comprehensive AI-driven ‘best-of-suite’ platform for Human Risk Management, creating an adaptive defense layer that fortifies user behavior against the latest cybersecurity threats. The HRM+ platform includes modules for awareness & compliance training, cloud email security, real-time coaching, crowdsourced anti-phishing, AI Defense Agents, and more. As the only global security platform of its kind, KnowBe4 utilizes personalized and relevant cybersecurity protection content, tools and techniques to mobilize workforces to transform from the largest attack surface to an organization’s biggest asset.

    The MIL Network

  • MIL-OSI: Top KingWin Ltd Announces $1,000,000 Convertible Promissory Note Offering and Up to $28,500,000 Additional Note Offering

    Source: GlobeNewswire (MIL-OSI)

    Shenzhen, China, Feb. 19, 2025 (GLOBE NEWSWIRE) — Top KingWin Ltd (“Top KingWin” or the “Company”) (Nasdaq: WAI) today announced that on February 18, 2025, it entered into a securities purchase agreement (the “SPA”) to issue a convertible note in the original principal amount of $1,000,000 (the “Note”) to an institutional investor (the “Purchaser”), convertible into its class A ordinary shares, par value of $0.0001 per share (the “Ordinary Shares”), for gross proceeds of $900,000 (the “Offering”).

    R.F. Lafferty & Co., Inc. acted as the Company’s exclusive placement agent for this Offering.

    The Note bears interest at a rate of 11.75% per annum, subject to adjustment from time to time in accordance with the terms of the Note. All outstanding principal and accrued interest on the Note will become due and payable twelve months after the issuance of the Note (“Issuance Date”), and the Purchaser has the option to extend the maturity term for another twenty-four months upon mutual agreement of the Company and the Purchaser. The Note includes an original issue discount of 10%. The Company may not prepay any portion of the outstanding principal, accrued and unpaid interest or accrued and unpaid late charges on principal and interest, if any. At any time after the Issuance Date, the Note is convertible into validly issued, fully paid and non-assessable Ordinary Shares, on the terms and conditions set forth in the Note. Upon the occurrence of an Event of Default, as defined in the Note, the Purchaser may require the Company to redeem all or any portion of the Note by delivering written notice thereof.

    The Note will be issued to the Purchaser upon satisfaction of all closing conditions. The issuance of the Ordinary Shares issuable upon conversion of the Notes is pursuant to a shelf registration statement on Form F-3, as amended (File No. 333-283030), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on February 13, 2024.

    Subject to the terms and conditions set forth in the SPA, the Purchaser and the Company plan to participate in seven additional tranches of closings for the purchase by such Purchaser, and the sale by the Company, including (i) six tranches of a Note (or Notes) in an aggregate original principal amount of up to $4,000,000 each, and (ii) one tranche of a Note (or Notes) in an aggregate original principal amount of up to $4,500,000, as set forth in the Schedule of Buyers to the SPA, with the aggregate original principal amount of these additional closings up to $28,500,000.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Top KingWin Ltd

    Top KingWin’s main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client’s unique financial needs, and (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital. Its mission is to provide comprehensive services to address clients’ needs throughout all phases of their development and growth.

    Forward-Looking Statements

    This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company’s offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Bonnie

    Email: IR@tcjhgw.cn

    The MIL Network

  • MIL-OSI: 360 Broadband Secures $52M Grant to Expand Internet Access in Fannin County, Texas

    Source: GlobeNewswire (MIL-OSI)

    LEONARD, Texas, Feb. 19, 2025 (GLOBE NEWSWIRE) — Internet service provider 360 Broadband will expand and upgrade internet access in Fannin County, Texas, with the help of a $52 million award from the Texas Broadband Development Office’s Bringing Online Opportunities to Texas (BOOT) II Program.

    The grant will fund part of a $65 million project to bring high-speed fiber internet service to the region, transforming connectivity for residents, businesses, and community institutions. In total, the buildout will improve internet speeds and reliability for 12,000 locations, with 4,355 funded by the grant and the remainder by 360 Broadband. The project is already underway and is expected to be completed by the end of 2026, creating good local jobs in the process.

    “This is a pivotal moment for Fannin County,” said Kris McElroy, CEO of 360 Broadband. “Reliable, high-speed internet isn’t just a convenience — it’s necessary for education, business, healthcare, and overall quality of life. We’re honored to lead this effort.”

    “Our mission has always been to connect under-served communities in our area, and this will allow us to take that commitment even further,” commented Drew Beverage, COO of 360 Broadband. “We’re not just laying fiber; we’re laying the foundation for long-term growth and quality of life in Fannin County.”

    The BOOT II Program, spearheaded by the Texas Comptroller’s office, aims to bridge the digital divide by funding projects that deliver reliable, high-speed broadband to underserved areas.

    About 360 Broadband: For more information about 360 Broadband and its services, visit 360broadband.com. The 360 Broadband Texas Office is located at 607 N US Highway 69, Leonard, TX 75452.

    MEDIA CONTACT: Benjamin Bennett, benjamin.bennett@360broadband.com, 855-328-5099

    The MIL Network

  • MIL-OSI: John Levene to Join Clear Street

    Source: GlobeNewswire (MIL-OSI)

    Goldman Sachs Alum Marks Latest Addition to Leadership Bench at Clear Street

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced that John Levene will join the firm in the role of Head of Institutional, which oversees the firm’s Prime Brokerage business, this Spring.

    Levene joins Clear Street having spent over 25 years at Goldman Sachs, where he was a Partner for the last 14 years. During Levene’s time as Partner, he was a leader in the client service space and served as the Head of Global Banking and Markets Client Experience, Co-Head of Prime Services Client Experience and Head of Americas Prime Brokerage Client Franchise. He was responsible for developing Goldman’s digital service capabilities, consultancy offerings and new business support. Prior to joining Goldman, Levene worked at Salomon Brothers and Hambros Bank (now part of Société Générale).

    In his new role, Levene will head Clear Street’s Prime Brokerage business, leveraging his deep expertise in building and managing prime brokerage platforms across the capital markets.

    Edward Tilly, CEO of Clear Street, stated, “We welcome John to his new role, where his industry expertise and strategic mindset will be instrumental in advancing our mission to provide best-in-class technology and client service. He is a fantastic addition to our senior team, where his proven leadership across all facets of prime brokerage adds another layer of excellence to the organization. We are excited for the impact John will make as we continue to build the future of Clear Street.”

    About Clear Street:

    Clear Street is modernizing the brokerage ecosystem with financial technology and services that empower market participants with real-time data and best-in-class products, tools and teams, to navigate capital markets around the world. Complemented by white-glove service, Clear Street’s cloud-native, proprietary product suite delivers financing, derivatives, execution and more to power client success, adding efficiency to the market and enabling clients to minimize risk, redundancy and cost. Clear Street’s goal is to create a single platform for every asset class, in every country and in any currency. For more information, visit https://clearstreet.io.

    Contact:

    press@clearstreet.io

    The MIL Network

  • MIL-OSI: Condor Well in Uzbekistan Flows at 1,300 boepd After Workover Operation

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 19, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), a Canadian based energy transition company is pleased to provide an update on the eight gas fields production enhancement project it operates in Uzbekistan.

    On a recent workover operation, a potential gas pay section was identified using advanced cased-hole logging tools and reprocessed existing 3-D seismic data which provided significant formation imaging improvements. Prior to the workover, the well had watered out and was not producing. After perforating 23 meters of this newly identified 60-meter interval, the well began flowing at over 1,100 boepd based on a 24-hour production test and has increased to 1,300 boepd during the past 5 days as the completion fluid has now been recovered.

    At least five additional well candidates have been identified with similar geologic characteristics using a combination of legacy data and reprocessed 3-D seismic data. Over the coming weeks, these wells will be evaluated to identify potential pay intervals and perforated accordingly. The Company is currently operating two workover rigs and a wireline unit. A third workover rig and second wireline unit with advanced evaluation tools from a North American based services provider is mobilizing to Uzbekistan.

    Average production for the fourth quarter of 2024 was 10,510 boepd, up 5% from the third quarter of 2024 and yielded Q4 sales revenues of CA$20.9 million. Production was hampered in the latter part of December 2024 and January 2025 mainly from natural decline rates, as the two workover rigs focused on evaluating shallower Cretaceous-aged, stacked channel sands that had not previously been penetrated on the fields. Despite gas flowing to surface, wellhead pressures were not sufficient to match the existing flowline gathering system pressures. This was likely due in part to having limited zonal isolation to prevent water flows and also not having perforating charges that fully penetrated through two existing casing strings to provide unimpeded access to these gas reservoirs. Given that gas presence was confirmed at surface, Condor will further evaluate these Cretaceous channel sands as part of its 2025 infill well drilling campaign. Both workover rigs have now resumed work on Carbonate formation intervals and production for the past 5 days has averaged 11,455 boepd as newly perforated Carbonate zones begin flowing.

    Don Streu, President and CEO of Condor commented: “The material production gains from the ongoing workover program and facility enhancements highlights the capital efficiencies realized from our production enhancement approach. We are continuing to execute our production growth plans in 2025 by adding a third workover rig, drilling a four well vertical and horizontal infill program, continued artificial lift and in-field water separation installations, expanded regions of 3D seismic reprocessing, and field compression. The collaborative working relationship with the national company, JSC “Uzbekneftegaz (“UNG”) and national technical institutes has been instrumental in these early successes.”

    ABOUT CONDOR ENERGIES INC

    Condor Energies Inc is a TSX-listed energy transition company that is uniquely positioned on the doorstep of European and Asian markets with three distinct first-mover initiatives: increasing natural gas and condensate production from its existing fields in Uzbekistan; an ongoing project to construct and operate Central Asia’s first LNG ‘lower carbon fuel’ diesel substitution facility in Kazakhstan; and a separate initiative to develop and produce critical minerals from brines in Kazakhstan. Condor has already built a strong foundation for reserves, production and cashflow growth while also striving to minimize its environmental footprint.

    FORWARD-LOOKING STATEMENTS

    Certain statements in this news release constitute forward-looking statements under applicable securities legislation. Such statements are generally identifiable by the terminology used, such as “anticipate”, “appear”, “believe”, “intend”, “expect”, “plan”, “estimate”, “budget”, “outlook”, “scheduled”, “may”, “will”, “should”, “could”, “would”, “in the process of” or other similar wording. Forward-looking information in this news release includes, but is not limited to, information concerning: the timing and ability to complete workovers on the next five well candidates and have them produce at commercial gas rates; the timing and ability to mobilize a third workover rig and second wireline unit; the timing and ability to access and evaluate future Cretaceous channel sands; the timing and ability to execute the 2025 work plan, including adding a third workover rig, drilling a four well vertical and horizontal infill program, continued artificial lift and in-field water separation installations, expanded regions of 3D seismic reprocessing, and field compression; and the timing and ability to maintain a collaborative working relationship with UNG and national technical institutes.

    ABBREVIATIONS

    The following is a summary of abbreviations used in this news release:

    boepd barrels of oil equivalent per day*
    CA$ Canadian dollar
    MM million
       

    * Barrels of oil equivalent (“boe”) are derived by converting gas to oil in the ratio of six thousand standard cubic feet (“Mscf”) of gas to one barrel of oil based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 Mscf to 1 barrel, utilizing a conversion ratio at 6 Mscf to 1 barrel may be misleading as an indication of value, particularly if used in isolation.

    The TSX does not accept responsibility for the adequacy or accuracy of this news release.

    For further information, please contact Don Streu, President and CEO or Sandy Quilty, Vice President of Finance and CFO at 403-201-9694.

    The MIL Network

  • MIL-OSI: Dave Cantin Group Announces Strategic Collaboration with California New Car Dealers Association

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — The Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, is proud to announce its elevated partnership with the California New Car Dealers Association (CNCDA) as the exclusive licensed vendor in the mergers-and-acquisitions advisory category for 2025.

    “Our newly announced collaboration with the California New Car Dealers Association underscores Dave Cantin Group’s commitment to advancing market insights and fostering shared learning initiatives within the California dealer community,” said Dave Cantin Group President and CEO Dave Cantin. “The timing of this partnership is particularly significant as we just released the 2025 Dave Cantin Group Market Outlook Report (MOR) during NADA, the National Automobile Dealers Association annual conference, and CNCDA recently released its Year-End 2024 California Auto Outlook Report. We’re also excited to further engage with California dealers through CNCDA’s key events, such as its Annual Convention and Dealer Day, as well as welcome CNCDA leadership to DCG’s events, including its exclusive, upscale party during NADA, where we bring together industry leaders to for the most sought-after event of the week.”

    Both reports outline key market trends and forecasts in their respective areas. DCG’s exclusive licensed vendor status to CNCDA provides the company with a significant opportunity to advise California new franchised vehicle dealers on the state of the industry, changing business drivers, and the competitive landscape around them, and on the strategies that can aid in achieving business success through mergers and acquisitions. A key resource in DCG’s market intelligence approach is its proprietary AI platform, Jump IQ, which delivers real-time data insights to help advise dealers with real-time deep data in an evolving landscape.

    CNCDA President Brian Maas, who recently joined Dave Cantin on its latest episode of CBT News’ Inside M&A alongside two other prominent association presidents, expressed enthusiasm about the increased collaboration with DCG and the benefits to its California dealer members.

    “We’re pleased to see our long-standing relationship with Dave Cantin Group continue to evolve,” Maas said. DCG has built a stellar reputation as a trusted advisor in dealership M&A nationwide, with a deep understanding of the automotive retail regulatory and economic landscape. This partnership reinforces our commitment to delivering actionable market intelligence and educational resources to our members, ensuring that California’s new car dealers remain at the forefront of the industry.”

    The 2025 DCG Market Outlook Report is available here on the Dave Cantin Group website, and the CNCDA report is available here.

    DCG is excited to integrate its Market Outlook Report with CNCDA’s market intelligence communications, including the association’s educational content designed to equip dealership professionals with the insights and training they need to navigate a rapidly evolving market landscape.

    About CNCDA

    For over 100 years, the California New Car Dealers Association has represented California’s franchised new car and truck dealers. CNCDA members are primarily engaged in the retail sale and lease of new and used motor vehicles and provide automotive products, parts, services, and repairs. In 2023, California’s franchised new car dealers sold more than 1.77 million new cars and trucks, employed more than 138,807 people, paid $8.74 billion in sales tax, and donated $67.66 million to charitable and civic organizations. CNCDA is the Nation’s largest state association of franchised automotive dealers—with nearly 1,200 members— and provides legal compliance and legislative, regulatory, and legal advocacy.

    About Dave Cantin Group

    The Dave Cantin Group is a leading automotive M&A advisory company specializing in acquisitions, divestitures, intelligence, and other advisory services. The company is the M&A services provider of choice for North America’s top automotive dealership groups, advising on approximately 40 transactions annually. DCG is differentiated by its advisory approach, long-term lens on client relationships, and commitment to market intelligence tools that inform DCG and client strategies. In 2023, DCG became the only retail automotive M&A company with a significant strategic investor, welcoming Kaltroco to the DCG family.

    Through its M&A intelligence division, DCG produces automotive content and delivers relevant, timely marketing intelligence, including the automotive industry Market Outlook Report (MOR). Together with CBT News, DCG produces the Inside M&A studio show and podcast to share stories, news and trends impacting the retail automotive industry. DCG’s proprietary AI-enabled software, Jump IQ, anchors its advisory services that support retail automotive dealers in developing informed M&A strategies and making smarter M&A decisions.

    The company’s nonprofit initiative, DCG Giving, funds child and adolescent cancer research and treatment in communities nationwide and other worthy charitable initiatives. DCG team members regularly feature on the industry speaking circuit and are regularly cited by top national and global news outlets. For more information, please visit davecantingroup.com.

    Dave Cantin Group Media Contact:
    Katie Merx
    katiemerx@gmail.com
    313.510.5090

    CNCDA Media Contact:
    Autumn Heacox
    aheacox@cncda.org
    (916) 441-2599 x105

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32a089fa-49f7-4abb-b743-a54f11631f51

    The MIL Network