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Category: GlobeNewswire

  • MIL-OSI: Rapsodo Partners with TruGolf’s E6 APEX to Enhance Simulated Golf, Adding Improved Player Analysis and Practice Capabilities

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, Feb. 18, 2025 (GLOBE NEWSWIRE) — Rapsodo, the leading developer of golf, baseball and softball ball-flight monitors and simulators, today announces compatibility with TruGolf’s E6 APEX. The new partnership makes the software available for use with the Mobile Launch Monitor 2 Pro (MLM2PRO), expanding simulation capabilities for premium MLM2PRO members.

    While current Rapsodo MLM2PRO premium members can access trials of E6 software, this new partnership offers Rapsodo members the option to upgrade to a yearly membership. There are three annual membership tiers to choose from – Play Suite ($300), Improve Suite ($150) or Enjoy Suite ($450).

    • The Play Suite uses AI and machine learning technology to recreate nearly any course in the world in industry-leading 4K quality. It features a multiplayer stroke play, online statistic tracking and AI commentary on over 1,500 Courses, with more releasing throughout the year.
    • The Improve Suite serves as a player’s secret tool for long-term improvement, featuring three modes: comprehensive practice range, club fitting and bag mapping. Members can improve their on-course strategy or use the guided skills challenges to enhance certain aspects of their game.
    • The Enjoy Suite combines all the capabilities of the Improve and Play suites, delivering the ultimate user experience.

    “E6 APEX is at the forefront of golf gamification and club analysis, and we’re thrilled to offer compatibility with the software on the MLM2PRO,” said Pete Gibbons, director of golf at Rapsodo. “Golfers are consistently looking for ways to improve their game and lower their scores, and as a sports technology company, we’re constantly looking for the newest technology that can enhance our user’s experience and improve their performance. The integration of TruGolf’s E6 APEX expands our product offerings so athletes at every level can experience real-life conditions and grow their skills during practice rounds and skills games.”

    Today’s announcement follows a recent simulation update to the MLM2PRO that enhanced the quality of graphics and added junior tee locations to Rapsodo simulated courses, which improved the game experience and raised the bar on family-friendly fun. Each of these updates signifies Rapsodo’s commitment to regularly expanding and improving its golf technology.

    Rapsodo MLM2PRO premium members can purchase access to TruGolf’s E6 Apex here for an additional yearly fee. Once downloaded, users can connect the software to their Rapsodo MLM2PRO through a simple integration.

    A media kit with images of TruGolf’s E6 Apex can be found here.

    Rapsodo products are available for purchase 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:
    Matt Greenfield
    Uproar by Moburst for Rapsodo
    matthew.greenfield@moburst.com

    The MIL Network –

  • MIL-OSI: Wix to Participate in Fireside Chat at Morgan Stanley Technology, Media & Telecom Conference

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK –  Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced that Wix management will participate in a fireside chat at Morgan Stanley’s Technology, Media & Telecom Conference on Wednesday, March 5th at 3:20 p.m. PST.

    The event will be available via live audio webcast and archived replay on Wix’s investor relations website: https://investors.wix.com.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    The MIL Network –

  • MIL-OSI: Coop Pank extends authorities of Margus Rink as a Member of the Supervisory Board of Coop Liising AS

    Source: GlobeNewswire (MIL-OSI)

    Today, on January 18th, 2025, the Coop Pank AS decided to extend the term of office of Mr. Margus Rink, a Member of the Supervisory Board of Coop Liising AS a subsidiaries of Coop Pank AS, for a another 3-years term effective as of the end of his previous term.

    Margus Rink has been the Chairman of the Management Board of Coop Pank AS since 2017. He is also a member of the Supervisory Board of bank’s subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS. Margus Rink is a member of the Council of the Estonian Banking Association and member of the management board of Estonian Chamber of Commerce and Industry. Margus Rink obtained a master’s degree in business administration from the Faculty of Economics of the University of Tartu in 2000 and a bachelor’s degree in financial accounting and analysis from the same university in 1994.
    Margus Rink currently owns 806 000 shares in Coop Pank and 7 subordinated bonds of Coop Pank.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 209 500 everyday banking customers. Coop Pank uses the synergies between retail and banking and brings everyday banking services close to people’s homes. The majority shareholder of the bank is the domestic retail chain Coop Eesti, whose sales network includes 320 stores.

    Additional information:
    Katre Tatrik
    Communication Manager
    Tel: +372 5151 859
    E-mail: katre.tatrik@cooppank.ee

    The MIL Network –

  • MIL-OSI: IndyKite Launches AI Control Suite to Redefine AI Security

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 18, 2025 (GLOBE NEWSWIRE) — IndyKite, a pioneer in data trust and AI enablement, today announced the launch of its AI Control Suite, a comprehensive set of capabilities designed to secure and govern AI-driven data operations.

    With this launch, IndyKite builds on its data trust and control platform capabilities, to bring three new products to market:

    • RagProtect ensures that only authorized users and applications can access specific data during the retrieval process.
    • AgentControl provides contextual, fine-grained authorization for agentic AI.
    • TrustScore allows the enterprise to score the risk of their data for trusted use in authorization decisions and query parameters.

    This new suite empowers enterprises to confidently harness AI while mitigating risks associated with data misuse and unauthorized data access.

    The introduction of the AI Control Suite represents a significant leap forward in enabling trust and secure control in AI-powered systems. With a focus on delivering fine-grained data control, contextual data governance, and secure data mobilization, IndyKite addresses some of the most pressing challenges enterprises face as they scale AI initiatives.

    “AI is transforming industries at an unprecedented pace, but enterprises need tools that provide not just innovation but also control and trust,” said Lasse Andresen, CEO of IndyKite. “With the AI Control Suite, we’re equipping businesses with the ability to secure data workflows, govern AI operations, and unlock the full potential of AI while safeguarding their most critical assets.”

    Andresen is former CEO and co-founder of ForgeRock, an identity and access management (IAM) solution provider and led the company through the startup phase to become an industry leader, with a $2.8 billion valuation at IPO. He is also a former CTO of Sun Microsystems.

    Driving innovation and trust in the AI era

    Enterprises increasingly recognize the need for robust control mechanisms in AI adoption, and IndyKite’s solutions uniquely combine advanced data governance, trust, and enablement to provide this foundation. With its identity-powered approach, IndyKite enables organizations to mobilize data securely and in compliance with regulatory requirements, delivering more efficient operations and bringing smarter, contextually-relevant products and applications to market.

    With the IndyKite Platform, businesses can use data across the following use cases:

    • Data capture and pipelines: Capturing both structured and unstructured data from across the organization and partner network. Surfacing full understanding of data lineage, driving confidence in its use, traceability and auditability.
    • Protecting retrieval-augmented generation (RAG): Providing fine-grained authorization to secure data access in the correct context, preventing unauthorized use and data leaks during AI driven interactions.
    • Agentic access control: Providing fine-grained authorization to AI agents, preventing unauthorized data access in autonomous workflows.
    • Proactive Prompt Defense: Real-time validation, entitlement checks, and threat detection at the prompt level to prevent unauthorized access, and data leakage before execution.
    • Governing data for AI use: Delivering unparalleled data quality and trust with provenance and specialized metadata, driving compliant use of data and enabling organizations to use AI with confidence.

    Industry Reaction

    The launch of the AI Control Suite has already garnered interest from enterprise leaders seeking to align their AI strategies with effective security and governance requirements.

    Emil Eifrem, CEO and founder of Neo4j said, “AI’s success depends on trust—trust in data, governance, and security. Enterprises need solutions that not only accelerate AI but ensure its responsible use by securing and mobilizing high-quality data at scale.”

    IndyKite recently joined Project CAMARA, a Linux Foundation open source community addressing telco industry API interoperability, and partnered with Deutsche Telekom to provide richer services to customers. It also has acquired 3Edges, a relationship-based dynamic authorization tool that authorizes access based on relationships between subjects, objects and actions, via graph database technology.

    About IndyKite

    IndyKite is transforming enterprise data management with identity-centric, graph-powered solutions that enable organizations to build trust in their data and AI systems. By delivering enhanced data visibility, governance, and control, IndyKite empowers enterprises to unlock the value of their data for secure and innovative applications.

    The company has raised a total of $10.5 million in pre-seed and seed financing. Investors include Alliance Ventures, Molten Ventures and SpeedInvest. Advisors to the company include Scott McNealy, Sun Microsystems co-founder.

    For more information, visit www.indykite.com.

    Media Contact

    Madi Olivé
    UPRAISE Marketing + Public Relations for IndyKite
    415.397.7600, indykite@upraisepr.com

    The MIL Network –

  • MIL-OSI: Grayscale Investments® Launches Grayscale® Pyth Trust

    Source: GlobeNewswire (MIL-OSI)

    STAMFORD, Conn., Feb. 18, 2025 (GLOBE NEWSWIRE) — Grayscale Investments®, a leading crypto asset management firm, offering more than 30 crypto investment products, today announced the creation and launch of Grayscale® Pyth Trust (the “Trust”).

    Grayscale® Pyth Trust offers exposure to PYTH, the governance token powering the Pyth network. By providing accurate and real-time data feeds, Pyth plays a crucial role in the Solana ecosystem and is poised to thrive alongside Solana’s growth. An impressive 95%* of decentralized applications (dApps) on Solana rely on Pyth’s price feeds, highlighting its significance and strong market position.

    “The Pyth network plays one of the most significant roles in the Solana ecosystem,” said Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary. “By introducing Grayscale Pyth Trust, we aim to give investors access to additional higher-beta and higher-upside opportunities associated with the continued growth of Solana.”

    The Trust is now open for daily subscription by eligible individual and institutional accredited investors.** The Trust functions like Grayscale’s other single-asset investment trusts, and is solely invested in the token underpinning the Pyth protocol.

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

    *https://kpi.pyth.network/

    **Grayscale’s private placements are only available to Accredited Investors as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended. Most individuals are not Accredited Investors. For additional information on Accredited Investors and their qualifications please consult https://www.sec.gov/newsroom/speeches-statements/spch121714laa

    Grayscale intends to attempt to have shares of new products quoted on a secondary market. However, there is no guarantee that Grayscale will be successful. Although the shares of certain products have been approved for trading on a secondary market, investors in the new products should not assume that the shares will ever obtain such an approval due to a variety of factors, including questions regulators, such as the SEC, FINRA, or other regulatory bodies may have regarding such products. As a result, shareholders of such products should be prepared to bear the risk of investment in the shares indefinitely. To date, certain products have not met their investment objective, and the shares of such products quoted on OTC Markets have not reflected the value of the digital assets held by such products, less such products’ expenses and other liabilities, but have instead traded at a premium over such value, which at times has been substantial. There have also been instances where the shares of certain products have traded at a discount.

    Private placement securities are speculative, illiquid, and entail a high level of risk, including the risk that an investor could lose their entire investment. The Pyth protocol was relatively recently conceived and the Pyth protocol and its particular underlying technological mechanisms may not function as intended, which could have an adverse impact on the value of PYTH and an investment in the Shares.

    Extreme volatility of trading prices that many digital assets have experienced in recent periods and may continue to experience, could have a material adverse effect on the value of the Trust and the shares could lose all or substantially all of their value.

    About Grayscale Investments®

    Grayscale enables investors to access the digital economy through a family of future-forward investment products. Founded in 2013, Grayscale has a decade-long track record and deep expertise as an asset management firm focused on crypto investing. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure. For more information, please follow @Grayscale or visit grayscale.com.

    Media Contact

    press@grayscale.com

    Client Contact

    866-775-0313

    info@grayscale.com

    The MIL Network –

  • MIL-OSI: Varonis Wins SiliconANGLE Media’s Tech Innovation CUBEd Award

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named the winner of SiliconANGLE Media’s inaugural 2025 Tech Innovation CUBEd Awards in the Top Data Protection Innovation category.

    Varonis for Microsoft 365 Copilot was recognized as a groundbreaking solution that demonstrates significant innovation in safeguarding data in the age of AI. Varonis tracks user interactions with Copilot in real time, flags unusual prompts and data access, and removes improper access to sensitive data by both humans and AI agents.

    “We are honored to receive the Top Data Protection Innovation award for our gen AI copilot advancements,” said Varonis Field CTO Brian Vecci. “AI is rapidly transforming the way work gets done, but many organizations can’t move forward because they can’t find and secure their most critical data. With our Data Security Platform, customers are adopting AI safely and confidently by removing exposure and allowing safe usage.”

    “The winners of our inaugural Tech Innovation CUBEd Awards represent some of the boldest thinkers and determined innovators in the tech industry,” said Dave Vellante, co-founder and co-CEO of SiliconANGLE Media. “Each person, company and product honored has proven that true breakthroughs happen when we dare to challenge traditional conventions and pursue ambitious visions.”

    “Today, we honor excellence across the full spectrum of innovation—from the visionary leaders who inspire us, to groundbreaking products that transform industries, to the companies that make it all possible,” said John Furrier, co-founder and co-CEO of SiliconANGLE Media. “Our awards program celebrates the courage to think differently, the persistence to overcome obstacles, and the vision to transform bold ideas into real-world impact.”

    For more information visit https://www.thecube.net/awards. 

    About SiliconANGLE Media

    SiliconANGLE Media is a recognized leader in digital media innovation, bringing together cutting-edge technology, influential content, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — such as those established in Silicon Valley and the New York Stock Exchange (NYSE) — SiliconANGLE Media transforms the way technology companies connect with their target markets. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a powerful ecosystem of industry-leading digital media brands, with a reach of 10+ million elite tech professionals, 4+ million SiliconANGLE readers and 250,000+ social media subscribers. The company’s new, proprietary theCUBE AI LLM is breaking ground in audience interaction, leveraging CUBE365’s neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.

    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

    The MIL Network –

  • MIL-OSI: Schurz Communications Appoints Austin Cook as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    MISHAWAKA, Ind., Feb. 18, 2025 (GLOBE NEWSWIRE) — Schurz Communications, Inc. (“Schurz”) today announced that Austin Cook has been appointed Chief Financial Officer (CFO).

    As CFO, Cook will oversee financial strategy and operations for Schurz. He will direct all aspects of the company’s finance organization and work with Schurz’s portfolio companies as well as the board of directors on strategic projects. Cook previously served as the CFO of Schurz’ cloud business OTAVA and has been Schurz’ interim CFO since 2024. He will remain aligned with OTAVA, delivering strategic support.

    “Austin has been a part of the Schurz family for nearly six years delivering significant contributions to the leadership team,” said John Reardon, President and CEO of Schurz Communications. “Austin’s initiative, drive, and supportive mindset make him a strong leader for the business. We are thrilled to work with him in this expanded role.”

    Cook is a seasoned finance leader with more than a decade of experience. He joined Schurz’ cloud service provider OTAVA in 2019 where he has held multiple finance roles, including Vice President of Finance, Controller, and most recently CFO. Prior to OTAVA, Cook served as Controller at ForeSee, where he oversaw all aspects of accounting and finance. Earlier in his career, he held other accounting roles and was an adjunct professor at Concordia University in Ann Arbor, Michigan.

    “Schurz Communications is an outstanding organization with deep roots, strong financial backing, and time-honored leaders,” said Cook. “With a focus on broadband and cloud technology, Schurz has a clear vision for the future, and I am excited to be part of the team creating ongoing growth, advancement, and innovation in areas that matter most to today’s customers.”

    Austin is a Certified Public Accountant (CPA) and Certified Management Accountant (CMA). He holds a B.B.A. in Accounting from Concordia University and an MBA in Accounting from Liberty University.

    About Schurz Communications
    Schurz is a family-owned corporation that has been helping businesses, communities and individuals make meaningful connections for five generations. The Schurz legacy began in newspaper publishing, radio, and television, and today, the company remains committed to making information more accessible through the platforms and technology of the digital age. Schurz Communications’ recent investments include regional broadband companies and cloud managed services providers, and the company’s portfolio also includes a variety of minority investments. For more information, visit: www.schurz.com.

    The MIL Network –

  • MIL-OSI: ServiceTrade Research Reveals Strategies for Attracting, Hiring, and Retaining Techs Amid Today’s Top Business Challenge: The Skilled Labor Shortage

    Source: GlobeNewswire (MIL-OSI)

    DURHAM, N.C., Feb. 18, 2025 (GLOBE NEWSWIRE) — ServiceTrade, an innovative software platform designed to optimize commercial service business operations for growth and profit, released the 2025 Technician Insights Report today to help commercial service business owners address the most significant challenge they face today – a critical shortage of skilled labor. There is currently a 14-20% skilled labor shortfall in the commercial fire and mechanical markets, further complicated by 6-8% industry growth and a rapidly aging workforce. ServiceTrade surveyed 650 technicians in the fire safety and mechanical services industries, discovering the top drivers of job satisfaction, common frustrations, and improvement opportunities shared across the profession.   

    “Skilled technicians are the heart of commercial service businesses, yet the industry is facing a critical shortage of these highly skilled professionals,” said William Chaney, CEO of ServiceTrade. “Building an efficient, satisfied, and dedicated workforce is essential to achieving business results. Our Technician Insights Report uncovers the factors that drive technician satisfaction and productivity, enabling business owners to differentiate their work environment and attract and retain a more satisfied workforce.”

    Unprecedented Market Growth Drives Technician Demand

    The ServiceTrade report reveals that 54% of technicians feel their profession provides a solid financial future. When asked what they like most about their profession, 17% cited competitive pay and benefits.  The survey reveals that techs prioritize earning potential, supportive management, and opportunities for training and growth provided by their companies. 

    In the U.S., the commercial HVAC market is expected to grow to $15.70 billion by 2029, necessitating an 8% increase in the technician workforce. The commercial fire protection sector is expected to increase by 4.1% annually, requiring a 6% increase in technicians over the same period.  Further exacerbating the lack of talent, about 26% of technicians are nearing retirement age, while 31% of business owners say retaining skilled technicians is already a significant challenge. 

    Tech Satisfaction is Key To Retaining Top Techs

    Technicians want to be productive, do good work, and be recognized for it.  The ServiceTrade report reveals techs are frustrated by non-maintenance tasks that consume valuable time, such as manual paperwork (49%), inefficient office communication (22%), and customer miscommunication (18%). Inefficient travel and job scheduling (11%) or arriving at the job site without the right equipment and tools (17%) also negatively affect job satisfaction. The report provides insights to help businesses improve technicians’ job satisfaction, ability to serve customers, perform daily tasks, and progress in their careers.

    • Technicians need easier access to job or customer information (24%)
    • They want more training (27%) and professional development opportunities (49%)
    • Most technicians surveyed say that more flexible schedules and a better work/life balance (59%) could improve their job satisfaction.

    ServiceTrade Enables Tech Satisfaction, Better Customer Service, and Business Performance

    “Addressing the skilled labor shortage is not just a challenge, but an opportunity to invest in the future of our workforce,” said Jim Pauley, NFPA CEO, in a statement. “In 2025, we can expect to see more organizations focused on talent development, embracing innovation, and supporting education and training to help bridge the gap…”

    In 2025, almost half of commercial fire service organizations (49%) plan to adopt more digital tools within day-to-day operations to streamline work, share knowledge, and collaborate with peers.  ServiceTrade’s service management platform enables techs to increase field performance by 52%, while business owners simplify back office operations by 12%, reduce time spent on communications and admin, and win and keep 36% more profitable customers. The platform automates customer communications and syncs data to the office without requiring manual paperwork. It guides techs through efficient job completion and helps them proactively identify needed repairs and inspections, increasing work orders by 15%. By harnessing the power of ServiceTrade, companies can improve technician satisfaction and operational excellence while ensuring quality customer service.

    For more information on the 2025 Technician Insights Report and to explore its full findings, please visit—https://servicetrade.com/knowledge-base/technician-insights-report/ 

    To learn more about ServiceTrade:

    About ServiceTrade

    ServiceTrade, Inc. is a software platform for commercial mechanical, fire, and life safety contractors. During a chronic skilled labor shortage, ServiceTrade helps commercial contractors increase profit by improving service and project operations, increasing technician productivity, selling more service agreements, and growing customer loyalty. Located in Durham, North Carolina, ServiceTrade was founded in 2012 to automate and streamline the commercial mechanical and fire protection industry and has grown to have more than 1,300 customers. More than 10% of the commercial or industrial buildings in the United States are serviced by contractors using ServiceTrade. Learn more at www.servicetrade.com.

    Media Contact:
    Media@Ktcmarketingandpr.com

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Strengthens Intellectual Property Portfolio with Four New Patent Applications Updated

    Source: GlobeNewswire (MIL-OSI)

    Protections Surrounding Key Enabling ALIP Technology Adds to NANO Nuclear’s Stable of Granted or Acquired Patents and Patent Applications

    New York, N.Y., Feb. 18, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has filed four new separate utility patent applications with the United States Patent and Trademark Office (USPTO) related to NANO Nuclear’s Annular Linear Induction Pump (ALIP) technology.

    The ALIP technology, a thermal management and distribution system which is based on electromagnetic (rather than mechanical) pumps, is a core technology in the development of advanced molten-salt and liquid-metal nuclear reactors. By utilizing a time-varying magnetic field, ALIPs enable the movement of conductive fluids without mechanical components, reducing wear and maintenance requirements while increasing efficiency.

    The ALIP technology, acquired by NANO Nuclear last year and part of its suite of energy systems, is considered a key-enabling technology for the development of advanced nuclear reactors, not only for NANO Nuclear’s microreactors in development but as a third-party commercial opportunity for other advanced nuclear reactor systems.

    In addition to enhancing energy conversion cycles, optimizing thermal management, and ensuring operational longevity in high-temperature applications across the energy, propulsion, and industrial sectors, applications of the ALIP technology extend beyond nuclear energy to space power and propulsion systems, industrial cooling systems, and defense applications, positioning NANO Nuclear at the forefront of emerging high-performance fluid control markets.

    A U.S. Department of Energy’s Small Business Innovation Research (SBIR) Phase III project is ongoing to refine the ALIP technology, led by inventor and NANO Nuclear’s Head of Thermal Hydraulics and Space Program Dr. Carlos O. Maidana, with a view to separately commercialize the technology as a component for liquid metal and all molten salt-based nuclear reactors.

    Figure 1 – NANO Nuclear Energy’s Annular Linear Induction Pump (ALIP) technology cross-sectional visualization.

    “The development and eventual commercialization of the ALIP technology is essential for advancing next-generation nuclear reactor solutions,” said Carlos O. Maidana, Ph.D., Head of Thermal Hydraulics and Space Program of NANO Nuclear Energy. “Filing these utility patents highlights our commitment to leading the charge in next-generation technologies that are critical to the ongoing evolution of advanced energy systems. I’m pleased to have housed these inventions within NANO Nuclear and to lead the team to progress and refine this technology.”

    The newly filed patent applications include:

    1. Patent Application # 19/030,148, titled “Integrated platform and method for optimizing an electromagnetic pump,” relates to the development of software for the design of annular linear induction pumps.
    2. Patent Application # 19/030,130, titled “Electromagnetic pump system and method for moving conducting fluid,” relates to the design of the next generation of annular linear induction pumps.
    3. Patent Application # 19/030,098, titled “Electromagnetic pump and method for manufacturing the same,” relates to the advanced manufacturing of annular linear induction pumps.
    4. Patent Application # 19/030,068, titled “Cooling system for electromagnetic pump system,” relates to the design of a micro-channel cooling system, using advanced manufacturing methods, for annular linear induction pumps operating at very high temperature.

    These intellectual properties are expected to provide enhanced component life span and operation metrics in all advanced molten-salt and liquid-metal reactors, including NANO Nuclear’s KRONOS MMR™, LOKI MMR™, and ODIN portable microreactor, all of which are currently in development.

    “The filing of these additional utility patents further bolsters our intellectual property portfolio and helps to ensure the protection of our progress in developing this key enabling technology,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “We believe that the ALIP technology will be instrumental in the development and optimization of the next generation of advanced nuclear reactors, and I’m pleased with the progress Dr. Maidana has overseen through the SBIR Phase III program. We look forward to continuing our progress with ALIP with a view towards including in it our own microreactors in development as well as seeking to separately commercialize it as soon as possible.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:
    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those related to (i) the anticipated benefits to NANO Nuclear of the patent applications described herein and (ii) the future prospects for the ALIP technology generally as part of NANO Nuclear’s reactors in development or via separate commercialization. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues, securing intellectual property protection, and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: WSO2Con 2025 to Showcase How Enterprises Can Embrace ‘Platformless Modernization’ to Drive Innovation

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX, Feb. 18, 2025 (GLOBE NEWSWIRE) — WSO2Con 2025 will empower enterprises to embrace ‘Platformless Modernization’ by showcasing real-world strategies, expert insights, and innovations that simplify development, accelerate digital transformation, and future-proof IT infrastructures. Keynotes, customer stories and technical discussions during the three-day event will explore and deep-dive into how enterprises can transform digital innovation by eliminating the complexities of traditional platforms either by adopting an enterprise-grade internal developer platform or leveraging software-as-a-service offerings to build your own. The event will take place from March 18 to 20, 2025, in Barcelona, Spain, at the Palau de Congressos de Catalunya.

    Delivering a platform experience without the complexity

    Platformless modernization aims to redefine how organizations build, deploy, and manage applications. Traditional platforms often come with operational overhead, requiring businesses to maintain infrastructure and navigate complex configurations. A platformless approach removes these burdens, making the platform layer invisible to developers, so they can focus on just building innovative applications and providing better digital experiences to their customers and users.

    At WSO2Con 2025, WSO2 executives and industry experts will explore what platformless modernization means for enterprises, offering insights into:

    • How businesses can deliver developer-friendly experiences without the overhead of managing platforms
    • Strategies for enabling rapid, secure, and scalable application development powered by API management, integration, and identity solutions
    • The role of internal developer platforms (IDPs) in modernizing software delivery with AI, Kubernetes, and cloud-native architectures

    Insightful keynotes and customer success stories

    The conference will feature a distinguished lineup of keynote speakers. In his opening keynote, WSO2’s Founder and CEO, Dr. Sanjiva Weerawarana will discuss the vision for platformless modernization with WSO2 technical experts providing in-depth sessions on how platformless is shaping the future of integration, API management and identity & access management. 

    Jeremy Schneider, Senior Partner & Co-Head of Global Software & High-Tech Practice, McKinsey and Company will provide a framework for navigating evolution in the digital economy in his keynote Every Company is a Software Company. In other keynote presentations, Amy Bingham, vice president & chief information officer at Pekin Insurance will share learnings on how Pekin turned a challenging year of unprecedented setbacks into a story of resilience, rebuilding, and long-term success in an increasingly unpredictable world. Jonathan Pearl, executive director – technology product management at financial services company, BNY Mellon, will explore the power of APIs and how they can be used to drive modernization, innovation and collaboration – both internally and externally. He will discuss the key principles and best practices for designing, building, discovering and governing APIs, as well as the cultural and organizational changes needed to successfully support an API first strategy.

    Registration for WSO2Con 2025 is still open with a flash sale from February 18 to 21, 2025. To register and view the full agenda, visit https://wso2.com/wso2con/2025/. 

    About WSO2

    Founded in 2005, WSO2 is the largest independent software vendor providing open-source API management, integration, and identity and access management (IAM) products. WSO2’s products and platforms—including our next-gen internal developer platform, Choreo—empower organizations to leverage the full potential of APIs for secure delivery of digital services and applications, enabling thousands of enterprises in over 90 countries globally to drive their digital transformation journeys. Our open-source, API-first approach frees developers and architects from vendor lock-in, enabling rapid digital product creation. Recognized as leaders by industry analysts, WSO2 has over 800 employees worldwide with offices in Australia, Brazil, Germany, India, Spain, Sri Lanka, the UAE, the UK, and the US, with USD100M in annual recurring revenue. Visit https://wso2.com to learn more. Follow WSO2 on LinkedIn and X (formerly Twitter).

    Trademarks and registered trademarks are the properties of their respective owners.

    ###

    The MIL Network –

  • MIL-OSI: Customer reviews help Rightworks collect nine G2 Winter 2025 badges

    Source: GlobeNewswire (MIL-OSI)

    NASHUA, N.H., Feb. 18, 2025 (GLOBE NEWSWIRE) — Rightworks, the only intelligent cloud service provider of solutions purpose-built for accounting firms and professionals, is proud to announce its OneSpace platform was awarded nine badges in G2’s Winter 2025 Reports. The recognition marks Rightworks’ 15th consecutive quarter being awarded top honors in G2’s market reports, the world’s largest and most trusted software marketplace.

    Rightworks OneSpace earned the following recognition in G2’s Winter 2025 Reports:

    • Leader
    • Leader — Small-Business
    • High Performer (for OneSpace Firm)
    • High Performer
    • High Performer — Mid-Market
    • High Performer — Small-Business
    • Users Love Us
    • Best Support — Mid-Market
    • Easiest To Do Business With

    “Earning a spot in a G2 Report is a testament to the positive experiences of real users,” said Sydney Sloan, CMO of G2. “Congratulations to Rightworks for their inclusion in G2 Reports for the winter 2025 season, powered by their customers’ authentic reviews.”

    Rightworks achieved Leader and High Performer recognition after receiving positive reviews from verified users compared to similar products in each category. In G2’s Winter 2025 Reports, just 4% of the Software & Services received a Leader badge.

    “We are honored to begin the new year receiving high ratings from G2 and our customers. As the accounting profession enters another busy tax season, equipping our customers with powerful and purpose-built solutions is our highest priority,” said Joel Hughes, CEO of Rightworks.

    More than 100 million people annually use G2 to make smarter software decisions based on authentic peer reviews.

    Visit Rightworks’ G2 page to read user reviews and learn more.

    Connect with Rightworks
    Visit our newsroom; read our blog; and follow us on LinkedIn, Facebook and Instagram.

    About Rightworks
    Rightworks enables accounting firms and businesses to significantly simplify operations and expand their value to clients via our award-winning intelligent cloud and learning resources. This is possible with Rightworks OneSpace, the only secure cloud environment purpose-built for the accounting and tax profession, and Rightworks Academy, the premier community for firm optimization, growth and professional development. The Academy offers access to thought leadership, events, peer communities and extensive learning resources. Founded in 2002, we’ve grown to serve over 10,000 accounting firms in the US—from single practitioners to Top 10 firms. For more information, please visit rightworks.com or follow us on LinkedIn, Facebook and Instagram.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b83c827a-2cf4-4b92-900e-aef9a6b45949

    The MIL Network –

  • MIL-OSI: Tenable Strengthens Its Identity Exposure Capabilities to Protect Against Compromises

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., Feb. 18, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced the launch of Identity 360 and Exposure Center, two new Tenable Identity Exposure capabilities designed to help organizations pinpoint identity risks and take swift, targeted action to prevent identity-based attacks.

    Identity management has become fragmented, leading to identity sprawl – a tangled web of accounts, permissions and misconfigurations across disparate platforms. This fragmentation severely limits visibility and risk detection, weakens access controls, and increases the threat of privilege escalation and lateral movement. The combined power of Identity 360 and Exposure Center simplifies this complexity, delivering unified visibility across identity providers to serve as a single source of truth.

    “Compromised identities are at the root of nearly every successful cyberattack,” said Shai Morag, Chief Product Officer, Tenable. “Today, 75% of organizations manage two or more identity solutions,1 leading to increased complexity around identity security. Tenable Identity Exposure ensures that organizations have full visibility into their identity risks and provides actionable remediation guidance so organizations can swiftly and confidently prevent attacks before they occur.”

    Key functionality available in this release includes:

    • 360-Degree Identity Visibility and Risk Prioritization: Gain a unified view of accounts, weaknesses, entitlements, roles, groups and relationships across Active Directory and Entra ID. Tenable Identity Exposure consolidates this information into comprehensive identity profiles for streamlined risk management.
    • Centralized Weakness Management and Streamlined Remediation: Consolidate identity-related weaknesses—including privilege misconfigurations, excessive permissions, stale accounts, default settings, risky trust relationships and unmonitored service accounts—into a single interface, and take action with detailed remediation steps and one-click PowerShell scripts.
    • AI-Driven Identity Asset Exposure Score (AES): Identify the most critical identity weaknesses with AI-driven risk scoring and focus remediation efforts on the highest-priority threats.

    Tenable Identity Exposure continuously monitors for misconfigurations, attack paths and security weaknesses, empowering organizations to proactively reduce risk and strengthen their security posture. More information on Tenable Identity Exposure is available at: https://www.tenable.com/products/identity-exposure.

    1 Cloud Security Alliance and Strata study, “The State of Multi-Cloud Identity Survey”, October 2024

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: LPL Financial Launches Planning Tools to Help Advisors Provide Personalized Service for Business Founders and CEOs

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC, a leader in the wealth management industry, is expanding its portfolio of high-net-worth services with the launch of business planning tools designed to help its network of nearly 29,000 financial advisors provide personalized support to their clients who are Chief Executive Officers (CEOs) and/or have founded their own businesses.

    There are more than 33 millioni small businesses in the U.S., and more than halfii of all private employer business owners are over the age of 55. Additionally, it’s estimated that approximately 12 millioniii of those firms will be sold over the next decade, and most small business owners do not have a succession plan in place.

    Through this new offering, advisors are connected with a certified business exit planner who supports the business owner’s needs and serves as a liaison to vetted banking partners. This full-service experience is designed to meet the discerning needs of advisors and differentiate the value they provide to their entrepreneurial clients.

    “CEOs and founders have worked incredibly hard to build their businesses and deserve the highest caliber of planning and advice,” said Jen Hollers, senior vice president and head of high-net-worth services at LPL Financial. “Through relationships with trusted investment banks, we enable LPL advisors to offer their business-owner clients a full-service experience, helping them strategize, scale, and, when the time is right, pursue an optimized sale.”

    LPL offers a range of specialized planning services tailored to address the complex needs of high-net-worth and ultra-high-net-worth clients, including:

    • Case consultations
    • Advanced planning
    • Estate and philanthropic planning
    • Tax planning
    • Business planning

    For more information about this new offering, financial advisors can visit High-Net-Worth Services for Advisors.

    About LPL Financial
    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 697285

    ________________________
    i    https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-US.pdf
    iihttps://www.sbc.senate.gov/public/index.cfm/2024/1/shaheen-convenes-hearing-on-small-business-succession-planning
    iiihttps://www.score.org/princeton/resource/blog-post/current-rise-small-businesses-being-sold-over-next-10-15-years

    The MIL Network –

  • MIL-OSI: Coalesce Announces Top System Integrator Partners for 2024

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 18, 2025 (GLOBE NEWSWIRE) — Coalesce, the data transformation company, today announced its 2024 Systems Integrator (SI) Partners of the Year, recognizing top partners across North America, Europe-Middle East-Africa (EMEA), and Australia-New Zealand (ANZ) for their outstanding contributions to customer success, data innovation, and solution development. These partners have demonstrated deep expertise in the Coalesce platform, delivering scalable and impactful data solutions for organizations worldwide.

    “Our SI partners play a critical role in the success of our customers, and we’re thrilled to recognize this year’s standout partners for their expertise and commitment to helping organizations unlock the full potential of their data,” said Courtney Heithoff, Director of SI Alliances at Coalesce.

    And the winners are:

    U.S. Partner of the Year – Hakkoda

    Hakkoda has been recognized as the U.S. Partner of the Year for its deep commitment to helping enterprises modernize their data strategies using Coalesce. With a strong focus on Snowflake and next-generation data architectures, Hakkoda has consistently delivered exceptional value to customers, leveraging Coalesce’s metadata-driven automation to streamline data transformation and enable organizations to get the most out of their Snowflake investment.

    “We are proud to be recognized as Coalesce’s U.S. SI Partner of the Year for the second consecutive year,” said Ryan Tucker, Chief Revenue Officer and co-founder of Hakkoda. “This achievement reflects our joint commitment to delivering innovative, high-impact solutions and helping our clients simplify and accelerate their data architectures with the best tools the Modern Data Stack has to offer. We are excited to continue our collaboration with Coalesce to solve some of the gnarliest challenges in the modern data landscape, and are confident we will continue to drive success and growth for our joint clients in the years ahead.”

    U.S. Emerging Partner of the Year – phData

    phData has earned the U.S. Emerging Partner of the Year award for its rapid adoption of Coalesce and its ability to drive innovative, scalable data solutions. By integrating Coalesce’s automation-first approach with its robust data engineering and analytics capabilities, phData has helped organizations unlock new efficiencies in their data engineering workflows.

    “This award is a testament to the strong partnership we’ve built and the impact we’ve delivered together for our joint customers,” said Sam Mehlhaff, SVP of Marketing and Partnerships at phData. “We’re grateful for the collaboration with the Coalesce team and look forward to driving even more success in 2025.”

    EMEA Partner of the Year – Nextview Consulting

    Nextview Consulting has been named EMEA Partner of the Year for its outstanding expertise in data strategy, governance, and digital transformation. Nextview has played a crucial role in driving adoption of Coalesce’s platform in the region, helping customers simplify complex data workflows and optimize performance.

    “Winning the European Partner of the Year is a testament to our team’s dedication to delivering best-in-class data solutions,” said Ralph Knoops, Managing Data and Analytics Consultant at Nextview. “Coalesce’s platform has been instrumental in our ability to drive efficiency and innovation for our clients.”

    EMEA Emerging Partner of the Year – Kemb

    Kemb has been recognized as the EMEA Emerging Partner of the Year for its rapid growth and strong execution in data modernization initiatives. By leveraging Coalesce’s metadata-driven approach and intuitive feature set, Kemb has helped organizations across the region modernize their data environments with speed and precision.

    “Coalesce has revolutionized how our clients approach data transformation and significantly improved the way they create and update their business logic,” said Konstantin Wemhöner, CDO at Kemb. “We’re excited to continue growing our partnership and helping even more organizations achieve data excellence.”

    ANZ Partner of the Year – FIRN

    FIRN has been awarded ANZ Partner of the Year for its leadership in bringing Coalesce’s transformative data solutions to the Australia-New Zealand region. FIRN’s expertise in cloud data platforms and commitment to customer success have made it a driving force in the adoption of Coalesce across the region.

    “This recognition highlights our commitment to building business value and driving customer growth through innovation, collaboration, and impactful solutions,” said Nick Lupis, Managing Director at FIRN. “We look forward to continuing our successful partnership.”

    Commitment to Partner Success

    Coalesce’s SI Partner Program is designed to empower partners with the technology, training, and support needed to drive successful data initiatives for their customers. As organizations scale their data operations at an accelerating pace, Coalesce remains committed to fostering strong partnerships that enable successfully delivering data projects now, and in the future.

    For more information about Coalesce’s SI Partner Program, visit https://coalesce.io/partners.

    Resources
    Follow Coalesce on LinkedIn and YouTube
    Partner websites: Hakkoda, phData, Nextview Consulting, Kemb, FIRN

    About Coalesce
    Coalesce revolutionizes data transformations to accelerate the delivery of data projects. Recognizing data transformation’s critical role in the analytics lifecycle, we’ve created an inclusive developer platform that automates most SQL coding without sacrificing flexibility. Our platform boosts data team efficiency tenfold, allowing faster data pipeline development while empowering organizations to concentrate on extracting maximum value from their data. Discover more at Coalesce.io.

    The MIL Network –

  • MIL-OSI: Eos Energy Enterprises Announces Date for Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it will release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 4, 2025. A conference call to discuss its results will take place the following morning on March 5 at 8:30 a.m. Eastern Time.

    Eos is now partnering with Say Technologies to allow retail and institutional shareholders to submit and vote on questions ahead of the earnings call. A selection of key questions applicable to the broad investor base will be addressed live during the call, offering shareholders an opportunity to engage with Eos management.

    Starting on February 25, 2025, at 8:00 a.m. ET, registered shareholders will be able to submit questions via the Say Technologies Q&A Platform, which will remain open until 8:00 a.m. ET on March 3, 2025. For any support inquiries shareholders may email support@saytechnologies.com.

    Registration Information

    The live webcast of the earnings call will be available on the “Investor Relations” page of the Company’s website at Eos Investors or may be accessed using this link (registration link). To avoid delays, we encourage participants to join the conference call fifteen minutes ahead of the scheduled start time.

    The conference call replay will be available via webcast through Eos’ investor relations website for twelve months following the live presentation. The webcast replay will be available from approximately 11:30 a.m. ET on March 5, 2025, and can be accessed by visiting Eos Investors

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our path to profitability and strategic outlook, statements regarding our capital needs to support project AMAZE, statements regarding the anticipated use of proceeds from the delayed draw term loan with Cerberus, and statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future, including the discretionary revolving facility from Cerberus; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; uncertainties around our ability to meet the applicable conditions precedent to funding under the DOE loan; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; risks resulting from the impact of global pandemics, including the novel coronavirus, Covid-19; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

  • MIL-OSI: John Snow Labs to Present Latest Advances in Healthcare Generative AI at HIMSS 2025

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., Feb. 18, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the details of its participation at the 2025 HIMSS Global Health Conference & Exhibition, taking place from March 3-6 in Las Vegas. The company’s CEO David Talby will speak about new, state-of-the-art capabilities in healthcare AI with partners Databricks, Carahsoft, and AWS, respectively.

    The largest gathering of healthcare technology professionals worldwide, HIMSS brings together more than 30,000 attendees to discuss global health topics shaping the next generation of healthcare. John Snow Labs will join partners on the show floor to demonstrate its part in this ecosystem in the following sessions:

    3pm PT, Tuesday, March 4: Unifying Multimodal Patient Data with Medical LLMs (Databricks booth #4360)
    This talk will explore a new capability that transforms diverse clinical data (EHR, FHIR, notes, and PDFs) into a unified patient timeline, enabling natural language question answering. Combining healthcare-specific LLMs along with a terminology service and scalable data ingestion pipelines, it excels in complex queries and is ideal for organizations seeking OMOP data enrichment.

    10am-12pm PT, Wednesday, March 5: The Medical Research Agent (CarahSoft booth #2216)
    David will demonstrate state-of-the-art accuracy of the Medical Research Agent medical LLM, automated systematic reviews, and question answering on private and public knowledge bases.

    9am PT Thursday, March 6: Automated DICOM Deidentification with AWS HealthImaging (AWS booth #4624)
    This talk will explore John Snow Labs’ turnkey, regulatory-grade DICOM image deidentification on AWS HealthImaging, including both metadata and pixel-level PHI, integrated with AWS HealthImaging to support compliance and scale.

    “With no shortage of AI solutions on the market, few can say they are delivering state-of-the-art results, updated daily with the latest research and advances in the field,” said Talby. “John Snow Labs is excited to showcase how we’re helping leading healthcare organizations leverage accurate, safe, and responsible AI, already making an impact on research, patient care, and operations.”

    Additional Resources:

    • Click here to book a meeting with John Snow Labs at the show
    • For media inquiries, contact gina@johnsnowlabs.com
    • For more information about John Snow Labs, visit https://www.johnsnowlabs.com/ or follow us on LinkedIn for the latest updates

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Spark NLP, Healthcare NLP, the Healthcare GPT LLM, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network –

  • MIL-OSI: Exterro Disrupts the Status Quo for Mobile Device Investigations

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Exterro, Inc., the leading provider of data risk management software solutions for e-discovery, digital forensics, and data privacy, security, and governance professionals, today announced its latest industry-shaping innovation – Exterro Remote Mobile Discovery. This patent-pending addition to the Exterro software platform breaks the barriers faced by internal investigation experts by powering secure, non-intrusive data preview and collection of remote mobile device data for critical digital forensic and e-discovery workflows.

    Historically, most remote data collection solutions were more complex than the problem – requiring organizations to physically gather or travel to retrieve remote devices, attach physical cables or collection kits at the time of collection, and then re-ship devices back to the users. With Exterro Remote Mobile Discovery, Legal, IT, and forensic investigation teams can initiate remote collections with a few simple clicks in the Exterro Data Risk Management platform.

    Once the collection is complete, digital forensic investigators and e-discovery teams can review the remotely collect mobile data alongside other relevant information collected from other data sources in Exterro’s FTK Suite or its E-Discovery Data Management (EDDM) module, Exterro’s purpose-built legal document review solution. Exterro’s platform capabilities provide users with the ability to view all the evidence in an investigation in one place, saving time and getting to the facts faster by eliminating the need for data transfers or multiple review solutions.

    “Mobile data discovery has become one of the most important and challenging aspects of data collection,” says Ryan O’Leary, Research Director, Privacy and Legal Technology at IDC. “Exterro’s mobile data discovery software hopes to solve this challenge with its all-in-one solution for e-discovery and forensic investigations. Unlike traditional tools that require extensive technical expertise, Exterro’s intuitive platform makes mobile data collection accessible to legal and compliance teams, enabling them to efficiently review mobile data alongside other evidence for faster, more effective case resolution.”

    How It Works

    Remote Mobile Discovery enables seamless wireless data collection from mobile devices without installing software on the device. Leveraging existing enterprise infrastructure in the Exterro FTK Suite and EDDM, investigators and legal professionals can securely collect data over Wi-Fi or a network connection or wired connection, enabling incremental, connection-free backups without disrupting users. With a streamlined process and enterprise-grade security, this solution simplifies mobile investigations, making remote collections faster, more efficient, and scalable. Collections may be targeted to specific applications or capture the full device. Exterro currently supports collection from dozens of the most used chat applications, including Discord, Google Duo/Meet, Instagram, IOS Messages, Reddit, TikTok, Twitter, Uber, and WhatsApp–and additional apps are being added daily.

    Top Benefits of Exterro Remote Mobile Discovery

    “Our mission has always been to protect our customers from data risk and the impact it can have on an organization’s reputation, the requirements of litigation and privacy and compliance,” said Bobby Balachandran, founder and CEO of Exterro. “With the exponential growth of data residing on remote mobile devices, the ability to identify it, collect it and analyze it in an efficient way has been a significant limitation for e-discovery and forensics professionals around the world. Exterro Remote Mobile Discovery solves this problem with the ultimate solution for seamless and comprehensive mobile data investigations.”

    • No Agent Installation
      Eliminates the need for installing potentially intrusive agents on mobile devices.
    • Seamless Operation
      Enables continuous and remote data collection over Wi-Fi or wired connections with minimal user intervention.
    • Saves Money
      Eliminate device shipping costs, IT personnel travel expenses, and custodian downtime by collecting remotely.
    • Reduces IT Overhead
      Allows Exterro digital forensics and e-discovery solutions to communicate with and collect data from all data sources—computers, mobile devices, and cloud data sources–in a single solution.
    • Targeted Data Preview and Collection
      Conduct complete remote mobile device collections or preview and target selective collections with industry-leading data source filtering.
    • Compatible with Enterprise IT
      Available on-premises or as a cloud-based SaaS solution to integrate seamlessly with enterprise IT infrastructure and workflows.

    Pricing and Availability
    Exterro Remote Mobile Collection will be generally available at the end of March. Pricing is based on the number of mobile devices and the amount of data undermanagement required.

    Exterro will be demonstrating Exterro Remote Mobile Discovery at LegalWeek 2025 in New York, Booth 2100.

    About Exterro

    Exterro empowers organizations to manage data risks with a complete platform for e-discovery, data privacy, cybersecurity and governance, and digital forensics. Unlike any other software provider, Exterro makes it easy for organizations to understand their data and take swift action. Exterro’s AI-driven solutions provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations while lowering costs. With Exterro, organizations gain the clarity and confidence needed to address their most critical data challenges. For more information, visit www.exterro.com.

    Press Contact

    Hazel Ramirez

    570-975-9261

    hazel@plat4orm.com

    The MIL Network –

  • MIL-OSI: Mavenir and EdgeQ Introduce Industry’s First Software-Defined 4G and 5G Next Generation Small Cells for Neutral Host and Urban Densification

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and EdgeQ, a leader in 5G wireless infrastructure, unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025. The cloud-native, software programmable small cells deliver both 4G and 5G on a single chip, allowing customers to dynamically reconfigure and elastically scale from 4G to 5G without any hardware change, redesign, or reinstallation.

    The collaboration introduces new capabilities aimed at enterprise and neutral host providers for indoor environments and meet the demands of communication service providers (CSPs) needing cutting-edge outdoor equipment to support urban densification.

    The next generation small cell offering will focus on enabling flexibility, low power consumption, and ease of deployment. The solution empowers CSPs to address rapidly increasing data traffic demands while ensuring a long-term return on investment. The small cell solution, set for general availability in 2Q 2025, will support a range of 4G and 5G spectrum bands, and flexible configurations from single-band 4G or 5G setups to complex multi-band combinations, on a single board. Additionally, the solution offers a future-proof approach with remote software upgrades, allowing CSPs to migrate smoothly from 4G to 5G without hardware changes and maximizing their investments.

    Sachin Karkala, SVP & GM RAN at Mavenir, said: “This strategic relationship will be disruptive for the small cell market, introducing new capabilities that meet a wide range of needs. EdgeQ is a partner that’s working at the cutting edge of silicon technology, and this partnership enables increased levels of flexibility for CSPs, enterprises and neutral host providers. We’re changing the economics of 5G deployments with small cells by reducing energy consumption, simplifying deployment and ensuring long-term ROI.”

    Mavenir’s indoor small cell solution leverages EdgeQ’s highly programmable “Base station-on-a-chip” to deliver a singular solution that is dynamically configurable to help service providers navigate 4G to 5G migration, NSA to SA migration, TDD and FDD migration, and multi-carrier support. The lean design is ideal for both indoor and outdoor deployments where ubiquity of coverage at low TCO is expected by operators.

    Vinay Ravuri, Founder and CEO of EdgeQ, said: “We are delighted to partner with Mavenir to enable a new category of small cells that converges multiple radios, bands, and carriers at new unit economics long sought after by service providers. The flexibility that we are enabling with Mavenir will drive frictionless small cell deployments by meeting the short and long-term needs of all connectivity providers. Our state-of-the-art 4G and 5G platform makes the widest range of spectrum configurations possible and ensures a clear upgrade path as traffic grows.”

    Mavenir’s small cell solutions enable enhanced network capacity and coverage in indoor and outdoor environments meeting the full range of public and private network use cases.

    Mavenir’s full radio portfolio will be displayed at the upcoming MWC Barcelona, March 3-6, in Hall 2, Stand 2H60. For more on Mavenir’s presence at the show visit https://www.mavenir.com/mwc-2025/

    About Mavenir:

    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

    About EdgeQ

    EdgeQ is a Silicon Valley based semiconductor company that has developed the world’s first software-defined 4G+5G “Base Station-on-a-Chip,” giving customers the revolutionary ability to build and deploy cellular networks on a single chip the size of a coin. Led by executives from Qualcomm, Intel, and Broadcom, EdgeQ is pioneering converged connectivity and AI that is fully software-customizable and programmable. The company is backed by world-renowned investors and industry titans. To learn more about EdgeQ, visit www.edgeq.io 

    PR Contacts:

    Mavenir: Emmanuela Spiteri | PR@mavenir.com
    EdgeQ: Edward Wu (Head of Marketing) | ewu@edgeq.io

    The MIL Network –

  • MIL-OSI: Sweed Establishes Largest Development Team in the Cannabis Industry

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) — Sweed, the leading enterprise retail technology platform for the cannabis industry, is now also the largest technology development team in the industry. The company announced today that through recent hires and expansions of the in-house development team, Sweed now boasts the largest and most innovative team of developers of any cannabis-specific technology platform. Sweed, which recently announced the successful completion of its SOC 1 and SOC 2 Type II audits, has emerged as the unmatched leader in product innovation and agility, providing cannabis retail clients with best-in-class digital solutions. The Sweed development team has grown by 41% since Q1 2024. The increased scale of the development team is being deployed to provide innovation and enhanced services across the native eCommerce, point-of-sale, inventory management, logistics, payment processing, and other integral programs built into the Sweed platform.

    Establishing the largest development team in the cannabis industry is critical to the advancements that Sweed is bringing to market. As industry experts in both retail technology and the specific needs and challenges that face the cannabis industry, Sweed is looking ahead at the impact of automation and functional A.I. tools on the future of the cannabis retail market. Creating smarter, more actionable, and responsive tools will help retailers provide better service to their customers, thereby increasing customer retention and loyalty, while also expanding cart sizes. Customizing offers and menus, maximizing the value of each communication, streamlining workflow between inventory and sales, and ultimately providing revenue-driving support to retailers are all areas of focus Sweed is enhancing. With the largest development team, an expansive AI-powered platform, and a deep commitment to innovation, Sweed is setting the new standard for dispensary technology–one that is efficient, scalable, and built for 2025 and beyond.

    “Reaching this level of bandwidth for our development team highlights our view that Sweed is an innovation and technology company leading the cannabis industry forward to a more profitable and scalable future,” said Rocco Del Priore, Co-Founder of Sweed. “The cannabis industry is littered with technology solutions that do part of the job for retailers, but our goal is to constantly raise the bar – which we often set ourselves – to offer the best solution across every digital need our customers might have. We’re immensely proud to have the industry’s largest development team, and we’re excited by the possibilities that lay ahead as we help advance this industry with tools and services that exceed anything currently on the market.”

    Sweed pioneered the concept of cohesive cannabis retail solutions, creating the first platform to connect operations, marketing, and compliance seamlessly. Since its inception, the company has focused on refining technology to meet the evolving needs of cannabis businesses. Providing enterprise-grade capabilities that are intuitive, scalable, and deeply rooted in the industry’s unique requirements has enabled Sweed to become the preferred technology partner of the industry’s most forward-looking companies. Throughout 2025 Sweed will be unveiling industry-first advancements to its already leading technology offerings, giving cannabis retailers insights and impactful upgrades to help them scale their dispensary operations.

    About Sweed
    Sweed is redefining cannabis retail management with its cohesive platform, seamlessly combining Point of Sale, eCommerce, and Marketing & Loyalty solutions. As the original enterprise-grade platform purpose-built for multi-location scalability, Sweed empowers retailers to efficiently manage sales, customer engagement, marketing, and inventory — all from one system. By delivering a tailored, data-driven experience without relying on external integrations, Sweed enables cannabis retailers to drive growth and deliver exceptional customer experiences. For more information, visit https://sweedpos.com/.

    Contact
    Oak PR
    sweed@oakpr.com

    The MIL Network –

  • MIL-OSI: Franklin Access Appoints Ira Greenstein to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) — Franklin Wireless Corp. (NASDAQ: FKWL) announces the appointment of Ira Greenstein to the Company’s Board of Directors, effective February 17, 2025.

    “We are pleased to welcome Ira Greenstein to the Company’s Board of Directors,” said OC Kim, President and CEO of Franklin Wireless. “Ira’s extensive legal, corporate, and government experience brings a new depth of knowledge, critical skills in strategic decision-making and governance to the board.”

    Mr. Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm. He previously served as Deputy Assistant and Strategist to the President during the first Trump Administration. Before his government service, he was President of IDT Corporation and Genie Energy Ltd.

    Mr. Greenstein holds a Bachelor of Science degree from Cornell University’s School of Industrial and Labor Relations and a Juris Doctor (JD) from Columbia University School of Law. He is currently a member of the board of Forafric Global plc. (NASDAQ: AFRI), where he serves on the Audit and Remuneration Committees.

    Mr. Greenstein will be replacing Gary Nelson on the Board as Mr. Nelson has decided to resign from the Board to enjoy more time with his family.

    About Franklin Access
    Franklin Access (NASDAQ: FKWL) specializes in integrated connectivity solutions powered by 4G LTE and 5G technologies. The company offers mobile device management (MDM), network management solutions (NMS), and innovative wireless products for the digital age. For more information, visit FranklinAccess.com.

    Safe Harbor Statement
    Certain statements in this press release constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Actual results may differ materially from those expressed or implied due to various factors.

    For media inquiries, please contact: marketing@franklinaccess.com

    The MIL Network –

  • MIL-OSI: Onfolio Holdings Inc. Releases Shareholder Letter

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., Feb. 18, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) (the “Company” or “Onfolio”), a company that acquires and manages a diversified portfolio of online businesses, today announced that its chairman and chief executive officer released the following letter to Onfolio shareholders.

    A longer version as part of a “2024 In Review” piece has been posted on the Company’s corporate website at https://onfolio.com/2024-in-review.

    Dear Shareholders,

    What a difference a year makes.

    Looking back on 2024, I’d like to reflect on our journey and progress in light of our original thesis. We started with four key beliefs:

    1. There are hundreds or thousands of profitable online businesses undervalued due to idiosyncratic risks or suboptimal operations.
    2. Aggregating these businesses reduces individual risk, strengthening the portfolio.
    3. Our operational expertise enables us to run and grow these businesses more effectively than their previous management.
    4. Our public company status allows us to access capital at costs lower than the returns generated by our acquisitions.

    In 2024, we made significant strides in all these areas.

    1. Strategic Acquisitions Strengthened Our Portfolio

    We acquired three new businesses, adding eight revenue streams and $6M in revenue:

    • RevenueZen (RZ) (January 2024): A content marketing agency with $1.4M revenue and $227K net profit. RZ retained its entire team post-acquisition, enhancing operational expertise across our portfolio. This acquisition demonstrated our ability to structure deals with minimal upfront cash, utilizing promissory notes, preferred shares, and seller financing.
    • DDSRank (July 2024): A niche SEO agency for dentists ($500K revenue, $200K net profit). Funded via one of our our SPV funds, preferred shares, and seller notes, requiring minimal Onfolio cash.
    • Eastern Standard (ES) (October 2024):  A digital marketing agency well known in the health and education industries, with $4MM revenue and $630K net profit. This was structured similarly to DDSRank, with SPV fund participation enabling us to secure a majority stake while preserving capital.

    Each acquisition reinforced our ability to execute capital-efficient deals while improving operational efficiency.

    2. Evolving Our Operating Model

    Effective post-acquisition management is key to our success. While we initially operated as a centralized entity and later decentralized entirely, in 2024, we adopted a hybrid model;“centralized strategy, decentralized execution.” This allows portfolio company leaders to focus on their strengths while benefiting from Onfolio’s shared expertise, strategic oversight, and best practices.

    This approach enhances operational efficiency, accelerates growth, and enables acquired businesses to maintain and expand profitability. It also allows us to actively participate in strategic hiring, key decision-making, and resource allocation, maximizing value creation across our holdings.

    3. Expanding Our Capital Strategy with SPVs

    In March 2024, we launched SPVs (Special Purpose Vehicles), allowing accredited investors to co-invest in acquisitions. This proved instrumental in funding DDSRank and ES, enabling us to secure valuable businesses while preserving Onfolio’s cash. While SPVs involve higher capital costs due to equity sharing, they provide an effective solution for funding accretive deals without reliance on traditional debt markets.

    For SPV investors, this offers exposure to specific online businesses with a clear return profile, albeit with higher risk and less diversification than Onfolio itself. While not a long-term strategy, SPVs will remain part of our acquisition playbook in 2025, alongside preferred shares.

    4. Quoting Our Preferred Shares on OTCQB

    A major milestone was quoting our preferred shares on OTCQB, providing liquidity for early investors and expanding access for new ones. Each share pays a $3 annual dividend, appealing to income-focused investors. Since 2022, we’ve raised $1.5M in preferred share financing and issued $3M of preferred shares as part of acquisition financing.

    This liquidity should drive demand, potentially allowing us to raise capital more efficiently in 2025 at a lower cost (12%) than SPVs. We anticipate growing this funding channel, unlocking further acquisition opportunities with minimal dilution.

    On the Verge of Profitability

    Throughout 2024, we have significantly reduced our losses and we now appear to be essentially at profitability. We’ve reached a position where we can continue operations without requiring additional fundraising or acquisitions to achieve profitability, yet we will continue to pursue both because they accelerate our growth and long-term value creation. With this foundation, we expect to move firmly into sustained profitability in the near term.

    Looking Ahead to 2025

    With our acquisition model validated, capital access expanded, and operational efficiencies improving, 2025 promises even greater momentum. Our roadmap is clear:

    • Continue acquiring high-quality businesses, where synergies create exponential value.
    • Expand capital raising efforts, leveraging preferred shares and SPVs.
    • Further optimize operations, scaling our playbook for sustained growth.

    If we execute well, we anticipate achieving significant profitability in the near term, reinforcing our ability to deliver compounded returns for our shareholders.

    Onward to an even stronger 2025.

    About Onfolio Holdings

    Onfolio acquires and manages a diversified portfolio of online businesses. Onfolio acquires business that meet its investment criteria, being that such businesses operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence and can be managed by our existing team or have strong management teams largely in place. The Company excels at finding acquisition opportunities where the seller has not fully optimized their business, and Onfolio’s experience and skillset allows it to add increased value to these existing businesses. Visit www.onfolio.com for more information.

    Safe Harbor Statement

    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A “Risk Factors” in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Contact

    investors@onfolio.com

    The MIL Network –

  • MIL-OSI: Micron Redefines Performance for AI PCs, Gamers and Professionals

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, Feb. 18, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced the Micron 4600 PCIe® Gen5 NVMe™ SSD, an innovative client storage drive for OEMs that is designed to deliver exceptional performance and user experience for gamers, creators and professionals. Leveraging Micron® G9 TLC NAND, the 4600 SSD is Micron’s first Gen5 client SSD and doubles the performance of its predecessor.1

    The Micron 4600 SSD showcases sequential read speeds of 14.5 GB/s and write speeds of 12.0 GB/s. These capabilities allow users to load a large language model (LLM) from the SSD to DRAM in less than one second,2 enhancing the user experience with AI PCs. For AI model loading times, the 4600 SSD reduces load times by up to 62% compared to Gen4 performance SSDs3 ensuring rapid deployment of LLMs and other AI workloads. Additionally, the 4600 SSD provides up to 107% improved energy efficiency (MB/s per watt) compared to Gen4 performance SSDs,1 enhancing battery life and overall system efficiency.

    The 4600 SSD is the second Micron client SSD to incorporate the most advanced Micron G9 NAND technology, following the Micron 2650 NVMe SSD already in production.

    Why it matters
    Accomplishing more and cutting down wait time is more important than ever to gamers, creators and professionals alike. The 4600 leverages PCIe Gen5 technology and the Micron G9 TLC NAND to provide remarkable speed and energy efficiency.

    “With the 4600 NVMe SSD, users can load large language models in less than one second, enabling PC experiences in data-intensive applications, especially for AI,” said Prasad Alluri, vice president and general manager for Client Storage at Micron. “As AI inference runs locally on the PC, the transition to Gen5 SSDs addresses the increased need for higher performance and energy efficiency.”

    Gen5 SSD technology will grow rapidly in 2025 and 2026. The 4600 NVMe SSD is compatible with the leading-edge platforms such as AMD’s Ryzen™ 9000 Series processors, and the Intel® Core™ Ultra Desktop and Mobile (Series 2) processors, ensuring seamless integration for PC OEMs.

    “AMD is excited to collaborate on the validation of the Micron 4600 NVMe™ SSD with our latest Ryzen family of processors,” said Joe Macri, senior vice president and chief technology officer of Compute and Graphics at AMD. “The Micron 4600 NVMe™ SSD is anticipated to deliver exceptional performance and a best-in-class user experience for the most demanding professional applications and high-speed gaming.”

    “The co-validation efforts with Micron in our Intel Folsom Open Labs have been instrumental to achieving today’s compatibility milestone. The Micron 4600 SSD, which has been designed for PCIe Gen5 platforms and offers fantastic performance and power efficiency, is now listed on the Intel PCL (Platform Component List),” said Todd Lewellen, vice president of Client Ecosystem Group at Intel. “The 4600 SSD is an ideal fit for AI PCs based on Intel Core Ultra processors, as well as future platforms.”

    “Lenovo will qualify the Micron 4600 SSD because of its industry-leading performance and its use of low temperature soldering (LTS) technology during SSD module assembly,” said Takashi Sugawara, director and principal engineer at Lenovo. “As a pioneer in LTS technology, Lenovo has been collaborating with Micron in the pursuit of reducing the amount of energy consumed in the SSD manufacturing process.”

    Level up to high-performing Gen5 storage
    The Micron 4600 NVMe SSD delivers up-to performance improvements over Gen4 SSDs:4

    • 14.5 GB/s sequential read speeds, 107%
    • 12.0 GB/s sequential write speeds, 71%
    • 2.1 million random read IOPS, 83%
    • 2.1 million random write IOPS, 83%

    Enhanced user experience
    Designed to elevate AI, scientific, gaming and content creation experiences, the Micron 4600 NVMe SSD unlocks best-in-class PCMark 10 benchmark scores:

    • Up to 38% better than Gen4 performance SSDs4
    • Up to 11% better scores compared to Gen5 competitors5

    The 4600 SSD provides exceptional user experiences over previous Gen4 drives for scientific, media and entertainment, along with a variety of other use cases, as demonstrated with the SPECwpc5 benchmark results on speed improvements:4

    • Media and entertainment applications: up to 61% faster
    • Energy industry applications: up to 59% faster
    • Product development applications: up to 45% faster
    • Life sciences applications: up to 38% faster

    Building upon prior ultra-secure features like TCG Opal, signed firmware and secure boot, the 4600 SSD includes the latest in advanced security features such as Security Protocol and Data Model (SPDM), Data Object Exchange (DOE) and Device Identifier Composition Engine (DICE), helping provide improved protection of user data.

    The Micron 4600 NVMe SSD is now available for OEM sampling globally. For more information, visit Micron 4600 NVMe SSD.

    Additional Resources:

    About Micron Technology, Inc.
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    Micron Media Relations Contact
    Kelly Sasso
    Micron Technology, Inc.
    +1 (208) 340-2410
    ksasso@micron.com

    ______________________________________________________

    1 Performance and power efficiency statements are based on comparisons to PCIe Gen4 Micron 3500 SSD vs. Micron 4600 SSD.

    2 The large language model (LLM) used in testing was the Llama2 with 13 billion parameters and 10.4GB file size.

    3 Statement based on a Llama2 with 13 billion parameter model load times using a 1TB Micron 3500 PCIe Gen4 SSD compared to the same model’s load times using a 1TB Micron 4600 PCIe Gen5 SSD.

    4 All performance statements in this section are relative to the claim made and are based on PCIe Gen4 Micron 3500 SSD vs. PCIe Gen5 Micron 4600 SSD comparisons.

    5 Comparisons are made to publicly announced client SSD suppliers with at least 10% client OEM SSD revenue share, excluding Apple® and gaming consoles, as noted in Forward Insights analyst report: SSD Supplier Status Q3/24 November 2024. Scores are based on benchmark testing in Micron labs with competitive drives available at the time of Micron 4600 SSD announcement.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/77292e81-46a9-4efd-a11a-f6bf283c361c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7bc4d23c-bb7d-4adb-93da-509efe70e80a

    The MIL Network –

  • MIL-OSI: ITS Logistics February Port Rail Ramp Index: Potential Effects of Tariffs and Impact on Trade Lanes Signify Most Pressing Unknown Supply Chain Threat

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 18, 2025 (GLOBE NEWSWIRE) — ITS Logistics today released the February forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month the index reveals that operations have returned to normal in all regions following the Lunar New Year peak and light inventory front loading to avoid anticipated bottlenecks. In addition, the most significant current unknowns for the industry are the potential effects of tariffs and their impact on trade lanes. 

    “Though changing booking patterns and front loading inventory can help with savings in the short-term, these strategies usually lead to additional cost and material flow problems,” said Paul Brashier, Vice President of Global Supply Chain for ITS Logistics. “The consensus from most experienced shippers is to not be reactionary, as this issue will continue to be very fluid, and the timing and duration of disruptions is unknown.” 

    In an effort to promote fairer trade and enhance the appeal of U.S. goods, President Trump has called for agencies to explore reciprocal tariffs aimed at increasing America’s revenue. This move, however, risks sparking a global trade war, potentially worsening inflation.

    Last week, the President signed a memorandum proposing a 25% tariff on non-energy imports from Canada and a 10% tariff on imports of Canadian energy—primarily crude oil. He also signed proclamations to help bolster tariffs on all steel and aluminum imports into the U.S. to help minimize attempts by China and Russia to evade penalties. To encourage this change, an incremental 10% tariff on imports from China was established, along with an executive order to place a 25% tariff on imports from Mexico, which has been postponed until March. 

    While the tariffs have not yet been imposed, the signing of the memo allows the current presidential administration to begin a review process to initiate them. As the industry awaits further action from the administration, ocean carrier RFP season is approaching, and professionals should begin seeing volumes shift back to the East and Gulf Coast ports as Red Sea diversions and labor disruptions are not expected to be a concern in 2025.

    “We suggest companies consider moving bookings to the East and Gulf Coast ports now that the labor issues have been resolved,” continued Brashier. “Earlier in the month, the wage scale committee for the International Longshoremen’s Association (ILA) approved a tentative six-year agreement with the United States Maritime Alliance from early January. Members are now expected to vote on their new master contract regarding the East and Gulf Coast ports on February 25.”

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

    The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions. Ocean and domestic container rail ramp operations are also highlighted in the index for both the West Inland and East Inland regions. Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

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

    Media Contact
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/128e7687-6bfd-4f21-af3a-442b9cc93409

    The MIL Network –

  • MIL-OSI: MEF’s Ninth LSO API Release Expands Capabilities for Seamless NaaS Automation

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) — MEF, a global industry association of enterprise and network, cloud, security, and technology providers accelerating enterprise digital transformation, today announced its most powerful Lifecycle Service Orchestration (LSO) API release to date. MEF’s ninth LSO API release solves for the first time complex addressing and operational challenges, including observability. Additionally, this release introduces a suite of advancements designed to enhance service provider and enterprise adoption of standardized, open ecosystem automation for Network-as-a-Service (NaaS) offerings.

    “As enterprise networks increasingly become mission-critical, especially with the advent of generative AI, service providers must have the automation capabilities necessary to deliver seamless, standardized services at scale,” said Pascal Menezes, CTO, MEF. “This latest LSO API release represents MEF’s most advanced set of automation tools yet, solving fundamental challenges in service qualification, operational observability, and product definition.”

    Key enhancements in the latest MEF LSO API release include:

    Advanced Addressing Capabilities – One of the most significant challenges in network automation is determining service availability at specific locations due to varying global address representations. MEF’s new LSO API release solves this challenge by introducing the concept of Installation Place within the MEF Addressing and Site API, allowing service providers to validate addresses more accurately. This innovation enables multiple representations of an address, improving the success rate of service qualification queries and enhancing global service delivery.

    Comprehensive Operational Observability – Enterprises increasingly demand full observability of the services they subscribe to, even when delivered across multiple supply chain partners. Now global service providers can interconnect and offer real-time insights into Service Function Testing, performance monitoring, fault detection, and trouble ticketing. This delivers comprehensive end-to-end operational observability for Day N automation workflows.

    Expanded Suite of Product and Service Payloads – MEF LSO APIs are designed to support the full lifecycle of NaaS, enabling automated service delivery among enterprises, service providers, and cloud providers. This release augments Carrier Ethernet, DIA, and IP Broadband payloads while incorporating pre-standard payloads for SD-WAN, Wavelengths, Data Center Cross-Connect, MEC IaaS, CAMARA Quality on Demand, and Google Cloud Connect.  

    Enhanced Product Catalog API – The new API release introduces bundling and pricing capabilities to better define and automate NaaS service offerings. By providing a machine-readable product schema, service providers can create flexible, standardized service definitions that streamline interactions with ecosystem partners.

    MEF’s LSO Irene release is now available on the MEF LSO Marketplace.

    MEF’s State of the Industry Report: Paradigm Shift – Automating Business Functions Between Service Providers highlights why standardized business and operational APIs are critical for unlocking new market opportunities in NaaS and next-generation services.

    MEF’s NaaS Customer experience white paper defines key service features, helping enterprises understand what to expect—scalability, dynamic connectivity, real-time insights, and security—while guiding providers on standardized, automated delivery.

    MEF’s 2025 NaaS Industry Blueprint provides a comprehensive guide to help service providers and ecosystem participants develop, deliver, and manage NaaS offerings across a standards-based automated ecosystem.

    For more information, visit www.mef.net.

    About MEF
    MEF is a global consortium of 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

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  • MIL-OSI: Wedbush Enters the ETF Market

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) — Wedbush, a Los Angeles-based financial services firm with global reach, and a legacy of innovation and client-focused investment solutions, introduces Wedbush Fund Advisers and announces its entry into the rapidly growing exchange-traded fund (ETF) market. This milestone marks an expansion of Wedbush’s commitment to cutting-edge investment solutions and highly curated product development.

    A Strategic Expansion into ETFs

    ETFs continue to be one of the fastest-growing segments of the investment management industry, with actively managed and rules-based index ETFs seeing increased adoption by institutional and retail investors alike. Wedbush will sponsor its own ETFs to provide clients and investors with cost-effective, transparent investment options designed to meet modern portfolio construction needs.

    “ETF creation is a logical progression for Wedbush as we continue to provide efficient solutions to our investor clients,” said Gary Wedbush, Chief Executive Officer at Wedbush. “For nearly 70 years, we’ve steadily grown Wedbush by leveraging the expertise of our colleagues and our cutting-edge technology and operational infrastructure. It’s our vision that Wedbush will become the platform of choice for entrepreneurial ETF managers.”

    Wedbush Fund Advisers will rely on a team of experienced professionals bringing a wealth of knowledge in asset management, quantitative research, and market analysis, with the long-term goal of providing investors tools that align with their financial objectives, risk tolerances and market views. Wedbush anticipates further expansion in the ETF space, with additional product launches designed to address emerging trends and investor demand.

    About Wedbush

    Since its founding in 1955, Wedbush is widely known for providing clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California, with 100 registered offices and nearly 900 colleagues, the firm focuses on client service, financial safety, innovation, and the utilization of advanced technology. Certain securities and Investment Advisory services are offered through Wedbush Securities Inc., Member NYSE/FINRA/SIPC. Investment Advisory services to the Wedbush Series Trust will be provided by Wedbush Fund Advisers, LLC.

    Media Contact
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

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  • MIL-OSI: First Bank Welcomes Joe Shearin, President, Greater Richmond Market

    Source: GlobeNewswire (MIL-OSI)

    STRASBURG, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce the addition of Joe Shearin as President, Greater Richmond Market. Joe will lead First Bank’s strategic efforts across Richmond, Southside Virginia, and northern North Carolina. He will be responsible for community impact and all lines of business banking and business development in the expanded footprint, following the 2024 merger with Touchstone Bank.

    Joe brings over 40 years of banking experience and is retired President and CEO of Sonabank/Southern National Bancorp (formerly EVB/Eastern Virginia Bankshares). During Joe’s tenure as President and CEO of Sonabank, he successfully led the company through major economic conditions, while growing the bank from approximately $500 million in assets to over $3.4 billion when he retired.

    “We are thrilled to have a banker of Joe Shearin’s experience and caliber join our team. He is a proven community leader, and with his banking expertise and knowledge of the greater Richmond and Southside Virginia communities, this is a tremendous win for First Bank,” said Scott C. Harvard, CEO of First National Corporation and First Bank. “We believe banking is a people business, and Joe is a known and trusted advisor to his clients and in the community. His experience clearly aligns with our culture and strategic commitment to growth in the Richmond region and beyond.”

    Joe was appointed in 2023 by Governor Glen Youngkin as the Executive Director of the Small Business Financing Authority (VSBFA). The VSBFA is dedicated to providing essential financing programs that support businesses, not-for-profits, and economic development authorities with the financing necessary for economic growth and expansion throughout the Commonwealth. In addition, Joe is the Founder and CEO of Jamescrest Consulting Group, whose mission is to assist organizations develop strategies to help improve their efficiencies, productivity, and profitability. A graduate, and now trustee, of North Carolina Wesleyan University, Joe has served as board member for Infinex Financial Services, Virginia Bankers Association, and director and previous chairman of Virginia Association of Community Banks. Currently he is director and Chairman of the Board for Community Bankers Bank. Joe is very active in the community, serving with many non-profit organizations.

    “As a long-time Prince George and Richmond area resident, I am excited about the opportunity to lead true community banking here. First Bank understands what is important to our current clients and is eager to share those values with new and existing customers,” Joe stated. “While the banking industry in the Tri-Cities market is competitive, we feel the flexibility and efficiency that First Bank provides are key aspects of how we do business and do it well. Our team is focused on delivering community banking with a personal touch and a commitment to service.”

    Joe and his team stand prepared to meet the banking needs of small businesses, corporations, real estate investors, individuals, municipalities, and non-profits alike.

    Harvard added, “Joe adds to already impressive roster of leadership in our growing Richmond area market. His experience fully aligns with our culture and our focus on positioning First Bank for transformational growth in greater Richmond and beyond. We are excited about the significant contributions he will bring to First Bank.”

    First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg. The Bank offers loan and deposit products and services through its website, www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, a loan production office, a customer service center in a retirement community, and thirty-three bank branch office locations located through the Shenandoah Valley, the south-central regions of Virginia, the Roanoke Valley, the Richmond MSA, and in northern North Carolina. In addition to providing traditional banking services, the Bank operates a wealth management division under the name First Bank Wealth Management. First Bank also owns First Bank Financial Services, Inc, which owns an interest in an entity that provides title insurance services.

    CONTACTS

    Scott C. Harvard
    President and CEO
    (540) 465-9121
    sharvard@fbvirginia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d129ef30-5acb-4c96-b0a0-51f51dc1babc

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  • MIL-OSI: The Now Corporation’s (OTC: NWPN) Green Rain Solar Inc. Launches Joint Venture with Chronical Engineering for Solar and EV Charging Stations

    Source: GlobeNewswire (MIL-OSI)

    PASADENA, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — The Now Corporation (OTC: NWPN), through its subsidiary Green Rain Solar Inc., a solar energy utility company specializing in urban solar energy and grid integration, is pleased to announce a new joint venture with Chronical Engineering, a California based firm with extensive experience in solar infrastructure and EV charging technology.

    The joint venture will focus on the construction and leasing of multiple solar farms and EV charging stations, with an initial rollout in high-traffic locations across Orange County, California. This initiative represents a significant step in Green Rain Solar’s long-term strategy to modernize underutilized urban spaces, including former gas station sites, transforming them into hubs for clean energy production and EV charging.

    The partnership will leverage Chronical Engineering’s proven expertise in renewable energy infrastructure to design, build, and implement solar carports and EV charging stations. Green Rain Solar will secure long-term land leases for these installations, with each site undergoing a rigorous financial viability assessment to ensure strong, sustained returns. The energy generated will be sold directly to local utilities through community solar programs, contributing to a cleaner, more resilient grid.

    “This joint venture marks a pivotal step in our growth and reinforces our commitment to sustainable urban energy solutions,” said Alfredo Papadakis, CEO of The Now Corporation. “Chronical Engineering’s track record in solar and EV infrastructure makes them an ideal partner as we continue to execute our vision of transforming urban landscapes into renewable energy assets.”

    The company plans to begin construction on three initial sites in Orange County, with potential expansion into additional markets based on performance and demand.

    Sustainable Urban Energy Solutions

    Green Rain Solar Inc. remains focused on delivering innovative, high-yield solar solutions that reduce carbon footprints and provide long-term value for shareholders.

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

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3482bd03-8970-4080-bab2-6929dc4a2fed

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  • MIL-OSI: Reliance Global Group Expands RELI Exchange Commercial Quote & Bind InsurTech Platform Following Successful Beta Launch

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced a significant expansion of its Commercial Quote & Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange’s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months.

    “At Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,” said Ezra Beyman, Chairman and CEO of Reliance. “By expanding our network of carriers and product lines, we are providing our agency partners with the tools they need to serve clients more quickly and effectively. These enhancements will enable agents to connect with more prospects, write more policies, and ultimately build their businesses and increase their earnings.”

    “Strategic technology integration remains a key driver of our continued success, and the enhanced RELI Exchange platform is a testament to this commitment. With its ability to seamlessly quote and bind a broader range of commercial insurance policies, RELI Exchange continues to strengthen its position as a leading InsurTech provider—leveraging automation to optimize the insurance purchasing experience for both agents and their clients,” added Mr. Beyman.

    “This expansion marks another milestone in our vision to make RELI Exchange the most powerful and comprehensive agency partner platform in the industry,” said Moshe Fishman, Director of InsurTech and Operations at Reliance. “By continuously adding new carriers and insurance products, we are ensuring that our agents remain at the forefront of the industry, equipped with the latest technology to drive their success.”

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, while reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions and include statements such as the Company having built a best-in-class InsurTech platform, making RELI Exchange an even more compelling value proposition and further accelerating growth of the platform, rolling out several other services in the near future to RELI Exchange agency partners, building RELI Exchange into the largest agency partner network in the U.S., the Company moving in the right direction and the Company’s highly scalable business model driving significant shareholder value. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere ,and risks and uncertainties related to the Company’s ability to generate the revenue anticipated and the ability to build the RELI Exchange into the largest agency partner network in the U.S., and the other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as the same may be updated from time to time. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company’s Quarterly Reports on Form 10-Q, the Company’s Current Reports on Form 8-K and subsequent filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network –

  • MIL-OSI: Locus Technologies Scores in Top 3 out of 200+ Software Companies

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, today announced that its CSRD and ESG reporting software was a top performer in the “Smart Innovators: ESG & Sustainability Reporting and Data Management Software (2025)” report published by Verdantix. The companies featured in the analysis were evaluated for their maturity in 10 key functional categories. Locus CSRD and ESG software was acknowledged for its “market-leading functionality, with differentiated offering” or “strong functionality” in all categories, resulting in the third highest performance overall.

    Of the 200+ software companies originally considered for the report, only 38 met the baseline criteria, including the ability to deliver across E, S and G metrics and to support large enterprises with at least $1 billion in revenue.

    “As a small company doing big things under the radar every day, we are pleased to be acknowledged by Verdantix for our accomplishments in the ESG software space,” said Neno Duplan, founder and CEO of Locus Technologies. “Drawing upon nearly 30 years of smart innovation, Locus has become the only rated company that also leads in the adjacent markets for EHS compliance, water quality and mass balance, radionuclides compliance, clean construction, and refrigerant management – which enables us to deliver a single, integrated platform for all types of environmental data and compliance activities: from sampling to sustainability.”

    This recognition highlights Locus’s critical role in helping organizations navigate an ever-evolving global regulatory landscape. The unified Locus Platform has been adopted by large and diverse organizations like Port Authority of New York and New Jersey, Los Alamos National Laboratory, and Chevron to seamlessly manage, report on, and succeed in their global EHS compliance, ESG, and sustainability initiatives.

    The Verdantix report informs enterprise software purchasing decisions for ESG and evaluates vendors on product maturity in key areas like data collection and verification, double materiality, reporting, and workflows.

    To learn more about Locus CSRD and ESG software and recent implementations in the US and abroad, please visit www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit https://www.locustec.com or email info@locustec.com.

    Media Contact:
    Brenda Mahedy
    Locus Technologies
    media@locustechnologies.net

    The MIL Network –

  • MIL-OSI: 3D Systems Transforming Dental Lab Efficiency with Integrated Digital Dentistry Solutions

    Source: GlobeNewswire (MIL-OSI)

    • Company to showcase market-leading solutions portfolio at LMT Lab Day 2025
    • Will preview NextDent® 300 MultiJet 3D printer designed to rapidly produce multi-material, monolithic dentures
    • Plans include solutions for nightguards and direct-printed aligners in near future, bolstering portfolio to address straightening, protection, repair, replacement of teeth
    • Comprehensive solutions portfolio for dental laboratories and practitioners intended to cement 3D Systems’ leadership in global digital dental industry — a market estimated to exceed $14 billion by 2032

    ROCK HILL, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) revealed several new innovations it intends to showcase at LMT Lab Day 2025 including the NextDent® Jetted Denture Solution for multi-material monolithic dentures, as well as previews of its solutions for night guards and direct printed aligners. 3D Systems has established itself as a leader in digital dentistry – revolutionizing the industry with the broadest portfolio of integrated solutions that are helping dental laboratories and clinics more efficiently deliver patient-specific devices. The addition of solutions to address applications for dentures, and in the future night guards and direct-printed aligners, further strengthens the Company’s innovative position in the industry.

    Foundational to 3D Systems’ multi-material, monolithic jetted denture solution the Company introduced at LMT Lab Day 2024, 3D Systems is pleased to debut the NextDent® 300 MultiJet 3D printer. This unique printer facilitates rapid production of patient-specific dentures that are fully cured and safe to handle without the need for additional post-curing steps. To complement the NextDent 300, 3D Systems’ materials scientists developed NextDent® Jet Teeth and NextDent® Jet Base — the former uniquely formulated to mimic tooth rigidity and aesthetics, and the latter to absorb impact. When these materials are used as part of 3D Systems’ FDA-cleared complete workflow solution comprising materials, jetted 3D printing technology, software, and services, high-volume dental laboratories can deliver dentures with improved performance and aesthetics, resulting in a superior patient experience. The speed of 3D Systems’ jetting technology combined with monolithic denture printing accelerates total production rates — enabling a full build of 15 arches in as little as nine hours — significantly reducing time to completion resulting in expedited delivery to the prosthodontist and patient. 3D Systems will be taking pre-orders for its NextDent Jetted Denture solution at Lab Day and anticipates general availability early in the third quarter of 2025.

    With the introduction of the NextDent 300 for multi-material printing, 3D Systems is looking to the future with the next application of this technology for night guards. Night guards are a rapidly growing market segment driven by the need to prevent damage to teeth from night grinding, an affliction affecting millions of people around the world. Night guards are also increasingly used by physicians for the treatment of sleep apnea and related disorders. The Company expects night guards to become an important element of its dental technology portfolio in late 2025.

    Finally, with the exceptional legacy 3D Systems has established for itself as a key supplier of 3D printing technology to the clear aligner industry, its technology today enables the manufacture of roughly one million patient-specific clear aligners daily across this rapidly growing market. The Company believes this work provides a strong foundation upon which to launch the next phase of significant expansion in the dental market, which will include novel technology for the direct printing of clear aligner products. 3D Systems anticipates availability of this solution in 2026.

    “3D Systems has been a pioneer in digital dentistry for years, establishing itself as an industry leader,” said Dr. Jeffrey Graves, president & CEO, 3D Systems. “Additive manufacturing is poised for widespread adoption across all dental applications — to straighten, protect, repair and replace teeth — and we’re perfectly positioned to capitalize on this growth. Our decades of experience developing specialized dental materials and 3D printing technology along with our deep applications expertise will allow us to bring a full spectrum of high-volume production solutions to market in the coming years. We’re committed to this expansion and are working closely with key players in every dental product category to accelerate the availability of these advancements.”

    According to Vantage Market Research, the global dental 3D printing market is estimated to be valued at $14.6 billion by 2032. With decades of experience in the dental industry, 3D Systems has been instrumental in catalyzing the adoption of 3D printing to produce patient-specific dental devices. The Company currently boasts the largest portfolio of dental 3D printing materials to address more than 30 applications and empowers dental facilities to manufacture dental appliances with heightened efficiency while minimizing material waste. This translates to accelerated production timelines, resulting in streamlined experiences for more than one million patients served each day.

    3D Systems will showcase its digital dentistry portfolio designed to address a breadth of dental applications for orthodontics, prosthodontics, and implantology such as the production of trays, models, surgical guides, dentures, orthodontic splints, retainers, crowns, and bridges at LMT Lab Day (booth A-43/B-42, East Exhibit Hall), to be held February 20-22, 2025 at the Hyatt Regency Chicago (Illinois). Additionally, the Company will highlight how it has validated the NextDent materials portfolio to perform across a wide selection of the industry’s most trusted 3D printers. Attendees are also invited to participate in 3D Systems’ seminars to be held in the Comiskey Room, West Tower, Bronze Level. For more information, please visit the 3D Systems website.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction – empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the company is available at www.3dsystems.com.

    Investor Contact: investor.relations@3dsystems.com 
    Media Contact: press@3dsystems.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/09f04e9d-bb94-4270-ad01-0c13663e2c8e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/15756820-4962-48ac-ab25-5237f33cdbb6

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