Category: GlobeNewswire

  • MIL-OSI: Municipality Finance Plc Financial Statements Bulletin 1 January–31 December 2024

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Financial Statements Bulletin
    12 February 2025 at 5:00 pm (EET)

    Municipality Finance Plc Financial Statements Bulletin 1 January–31 December 2024

    In brief: MuniFin Group in 2024

    • The Group’s net operating profit excluding unrealised fair value changes* increased by 2.9% (3.2%) in January–December and amounted to EUR 181 million (EUR 176 million). Net interest income* was at the same level as in year before and totalled EUR 260 million (EUR 259 million). Net operating profit excluding unrealised fair value changes was boosted by lower expenses and increased other income compared to the previous period.
    • Net operating profit* amounted to EUR 166 million (EUR 139 million). Unrealised fair value changes amounted to EUR -16 million (EUR -37 million) in the financial year. Unrealised fair value changes were influenced in particular by changes in interest rates and credit risk spreads in the Group’s main funding markets.
    • Costs* in the financial year amounted to EUR 81 million (EUR 82 million).
    • The Group’s leverage ratio remained at a strong level, standing at 12.3% (12.0%) at the end of December.
    • At the end of December, the Group’s CET1 capital ratio was very strong at 107.7% (103.4%). CET1 capital ratio was over seven times the required minimum of 15.0% (13.9%), taking capital buffers into account.
    • Long-term customer financing (long-term loans and leased assets) excluding unrealised fair value changes* totalled EUR 35,787 million (EUR 32,948 million) at the end of December and saw an increase of 8.6% (7.5%). New long-term customer financing* increased by 17.1% (0.0%) in January–December 2024 and amounted to EUR 5,056 million (EUR 4,319 million). Short-term customer financing* totalled EUR 1,825 million (EUR 1,575 million).
    • Of all long-term customer financing, the amount of green finance* aimed at environmentally sustainable investments totalled EUR 6,817 million (EUR 4,795 million), and the amount of social finance* aimed at investments promoting equality and communality totalled EUR 2,536 million (EUR 2,234 million) at the end of December. The total amount of this financing increased by 33.1% (41.0%) from the previous year. The ratio of green and social finance to long-term customer financing excluding unrealised fair value changes* grew by 4.8% percentage points to 26.1% (21.3%).
    • In 2024, new long-term funding* reached EUR 8,922 million (EUR 10,087 million). At the end of December, the total funding* was EUR 46,737 million (EUR 43,320 million), of which long-term funding* made up EUR 43,328 million (EUR 39,332 million).
    • The Group’s total liquidity* is very strong, standing at EUR 11,912 million (EUR 11,633 million) at the end of the financial year. The Liquidity Coverage Ratio (LCR) stood at 341% (409%) and the Net Stable Funding Ratio (NSFR) at 124% (124%) at the end of the year.
    • In early 2024, MuniFin reviewed the future and development potential of the consulting services offered by its subsidiary company Financial Advisory Services Inspira Plc (Inspira) and decided to discontinue Inspira’s consulting services in summer 2024.
    • The Board of Directors proposes to the Annual General Meeting to be held in spring 2025 a dividend of EUR 1.86 per share, totalling EUR 72.7 million. The total dividend payment in 2024 was EUR 1.69 per share, totalling EUR 66.0 million.
    • Outlook for 2025: The Group expects its net operating profit excluding unrealised fair value changes to be at the same level or lower in 2025 as in 2024. The Group expects its capital adequacy ratio and leverage ratio to remain strong. The valuation principles set in the IFRS framework may cause significant but temporary unrealised fair value changes, some of which increase the volatility of net operating profit and make it more difficult to estimate.

    Comparison figures deriving from the income statement and figures describing the change during the financial year are based on figures reported for the corresponding period in 2023. Comparison figures deriving from the balance sheet and other cross-sectional items are based on the figures of 31 December 2023 unless otherwise stated.

    * Alternative performance measure.

    Key figures (Group)

      Jan–Dec 2024 Jan–Dec 2023 Change, %
    Net operating profit excluding unrealised fair value changes (EUR million)* 181 176 2.9
    Net operating profit (EUR million)* 166 139 19.5
    Net interest income (EUR million)* 260 259 0.3
    New long-term customer financing (EUR million)* 5,056 4,319 17.1
    New long-term funding (EUR million)* 8,922 10,087 -11.6
    Cost-to-income ratio, %* 27.7 32.2 -14.0**
    Return on equity (ROE), %* 7.2 6.6 9.3**
      31 Dec 2024 31 Dec 2023 Change, %
    Long-term customer financing (EUR million)* 35,173 32,022 9.8
    Green and social finance (EUR million)* 9,353 7,029 33.1
    Balance sheet total (EUR million) 53,092 49,736 6.7
    CET1 capital (EUR million) 1,646 1,550 6.2
    Tier 1 capital (EUR million) 1,646 1,550 6.2
    Total own funds (EUR million) 1,646 1,550 6.2
    CET1 capital ratio, % 107.7 103.4 4.2**
    Tier 1 capital ratio, % 107.7 103.4 4.2**
    Total capital ratio, % 107.7 103.4 4.2**
    Leverage ratio, % 12.3 12.0 2.5**
    Personnel 178 185 -3.8

    * Alternative performance measure.
    ** Change in ratio.

    Comment on the 2024 financial year by President and CEO Esa Kallio

    The operating environment in global economy and international politics went through a whirlwind of changes in 2024. Even in the turmoil, Finland stood steady and secure: our society is built on long-standing practices and institutions that have been developed together and tried and tested over time. This stability also helps safeguard MuniFin’s strong performance through shifts in the operating environment. Finnish society must continue to operate in broad collaboration and develop the structures of society in the long term. Sometimes this requires difficult decisions in society in the short term.

    In 2024, the demand for MuniFin’s financing was especially high in the affordable social housing sector. In the future, however, the sector will be facing reductions on interest subsidy loan authorisations.

    The Finnish system for affordable social housing is a success story that has served as a model across Europe – and will hopefully continue to do so, especially now that the rising cost of living has led to a surge in homelessness in many countries. Our state-subsidised housing production system has proven effective in reducing homelessness and regional segregation, increasing the supply of affordable social housing in growth centres, advancing municipalities’ housing policy goals of ensuring a diverse housing structure, and providing high-quality housing also to students, senior citizens and people with disabilities.

    Especially in the past couple of years, affordable housing production has also significantly supported the vitality of the Finnish construction sector, helping offset the slump in housing construction. Finland’s well-functioning system should not be changed; rather, the current model and level of housing production subsidies should be kept as they are. Timely investments into affordable social housing production can also help level out construction cycles and support employment.

    In 2024, MuniFin reached new milestones in sustainable investments. In October, we issued our tenth green bond, the high demand of which was once again testament to our strong position as an international forerunner in the financial sector. Moreover, sustainable finance made up the majority of the new long-term customer financing we granted in 2024.

    Information on the Group results

    Consolidated income statement Jan–Dec 2024 Jan–Dec 2023 Change, % Jul–Dec 2024 Jul–Dec 2023 Change, %
    (EUR million)            
    Net interest income 260 259 0.3 132 135 -2.4
    Other income 2 0 >100 1 -1 >100
    Income excluding unrealised fair value changes 262 259 1.1 132 134 -1.4
    Commission expenses -17 -16 8.2 -9 -8 11.2
    HR expenses -21 -20 2.0 -10 -10 -4.3
    Other items in administrative expenses -23 -20 12.4 -12 -11 12.0
    Depreciation and impairment on tangible and intangible assets -6 -7 -7.8 -3 -3 -14.3
    Other operating expenses -14 -19 -27.0 -7 -7 -0.6
    Costs -81 -82 -1.9 -40 -39 3.0
    Credit loss and impairments on financial assets 0 -1 -72.9 -1 -1 -38.7
    Net operating profit excluding unrealised fair value changes 181 176 2.9 92 95 -2.8
    Unrealised fair value changes -16 -37 -58.4 -31 -33 -3.6
    Net operating profit 166 139 19.5 61 62 -2.4
    Income tax expense -33 -28 17.3 -12 -12 -2.3
    Profit for the period 133 111 20.1 48 50 -2.4

    The Group’s net operating profit excluding unrealised fair value changes

    MuniFin Group’s core business operations remained strong in 2024. The Group’s net operating profit excluding unrealised fair value changes increased by 2.9% (3.2%) and amounted to EUR 181 million (EUR 176 million). The growth was influenced both by an increase in other income and a decrease in costs as net interest income remained at the level of previous year.

    The Group’s income excluding unrealised fair value changes was EUR 262 million (EUR 259 million) and grew by 1.1% (6.5%). Net interest income grew by 0.3% (7.5%), totalling EUR 260 million (EUR 259 million). Net interest income was positively affected by growing business volumes. The increase in funding costs due to the market conditions and the shape of the yield curve slowed the growth of net interest income.

    Other income totalled EUR 2.0 million (EUR 0.1 million). It consisted mainly of the billing of MuniFin’s digital services and the turnover of the subsidiary company Inspira from the early part of the year. In the previous year, negative realised FX rate changes reduced other income. At 0.8% (0.1%), other income relative to income excluding unrealised fair value changes forms only a minor part of the Group’s income.

    The Group’s costs were EUR 81 million (EUR 82 million), down by 1.9% from the year before (+12.4%). The reduction in expenses was due to the fact that no contribution fee was collected for the Single Resolution Fund in 2024.

    Commission expenses totalled EUR 17 million (EUR 16 million), of which EUR 14 million (EUR 13 million) consisted of the guarantee commission collected by the Municipal Guarantee Board for guaranteeing MuniFin’s funding.

    HR and administrative expenses grew by 7.2% (9.0%) and reached EUR 44 million (EUR 41 million). HR expenses comprised EUR 21 million (EUR 20 million) and other administrative expenses EUR 23 million (EUR 20 million). The average number of employees in the Group was 187 (183) during the financial year. Other items in administrative expenses grew by 12.4% (8.8%), mainly due to the increased costs of maintaining and developing information systems.

    During the financial year, depreciation and impairment of tangible and intangible assets totalled EUR 6 million (EUR 7 million).

    Other operating expenses were EUR 14 million (EUR 19 million). The main reason for this decrease is that there was no contribution fee to the Single Resolution Fund in 2024. Other operating expenses excluding fees collected by authorities grew by 22.1% (9.9%) to EUR 11 million (EUR 9 million).

    Credit loss and impairments on financial assets were EUR 0.3 million (EUR 1.2 million). This item consists of expected credit losses (ECL). The Group updated the model used to estimate the probability of default and the forward-looking macro scenarios during the financial year. The Group’s management has assessed the impact of general cost inflation and increased interest rates on customer financing receivables and credit risk and decided to release the additional discretionary provision in full at the end of 2024 (the amount of the additional discretionary provision was EUR 0.6 million at the end of 2023, and in June 2024, EUR 0.4 million of the additional provision was released). The update of the probability of default model increased expected credit losses by EUR 0.9 million euros, as the amount of exposures that moved from stage 1 to stage 2 increased. Most of the transferred exposures were subject to the previous additional discretionary provision. Therefore, the Group’s management considered that there is no longer a basis for recording a group-specific additional provision.

    The Group’s overall credit risk position has remained low. The amount of forborne loans was EUR 561 million (EUR 497 million), while non-performing exposures amounted to EUR 292 million (EUR 142 million) at the end of the year. These non-performing exposures represented 0.8% (0.4%) of total customer exposures. At the end of December, the Group had EUR 13 million in receivables due to the insolvency of customers, for which the collateral realisation process is ongoing, or the credit receivable is due for payment by the guarantor (there were no such receivables at the end of 2023). All the Group’s customer financing receivables are from Finnish municipalities, joint municipal authorities, wellbeing services counties or joint county authorities, or accompanied by a securing municipal, joint municipal authority, wellbeing services county or joint county authority guarantee or a state deficiency guarantee supplementing real estate collateral, and therefore no final credit losses will arise. According to the management’s assessment, all receivables from customers will be fully recovered. During the Group’s history of 35 years, it has never recognised any final credit losses in its customer financing.

    The credit risk of the Group’s liquidity portfolio has likewise remained at a low level, and the average credit rating of the debt securities in the portfolio is AA+ (AA+).

    The Group’s profit and unrealised fair value changes

    The Group’s net operating profit was EUR 166 million (EUR 139 million). Unrealised fair value changes decreased the Group’s net operating profit by EUR 16 million (in 2023: decreased by EUR 37 million). In January–December, unrealised fair value changes in hedge accounting amounted to EUR -12 million (EUR -27 million) and unrealised net result on financial assets and liabilities through profit or loss to EUR -4 million (EUR -10 million).

    The Group’s effective tax rate in the financial year was 19.9% (20.2%). Taxes in the Consolidated income statement amounted to EUR 33 million (EUR 28 million). After taxes, the Group’s profit for the financial year was EUR 133 million (EUR 111 million).

    The Group’s full-year return on equity (ROE) was 7.2% (6.6%). Excluding unrealised fair value changes, the ROE was 7.9% (8.4%).

    The Group’s other comprehensive income includes unrealised fair value changes of EUR 169 million (EUR 109 million). During the financial year, the most significant item affecting the other comprehensive income was net change in fair value due to changes in own credit risk of financial liabilities designated at fair value through profit or loss totalling EUR 137 million (EUR 75 million). The cost-of-hedging amounted to EUR 30 million (EUR 25 million). Net change in fair value of financial assets at fair value through other comprehensive income was EUR 2 million (EUR 8 million).

    On the whole, unrealised fair value changes net of deferred tax affected the Group’s equity by EUR 122 million (EUR 57 million) and CET1 capital net of deferred tax in capital adequacy by EUR 13 million (EUR -3 million). The cumulative effect of unrealised fair value changes on the Group’s own funds in capital adequacy calculations was EUR 58 million (EUR 45 million).

    Unrealised fair value changes reflect the temporary impact of market conditions on the valuation levels of financial instruments at the time of reporting. The value changes may vary significantly from one reporting period to another, causing volatility in profit, equity and own funds in capital adequacy calculations. The effect on individual contracts will be removed by the end of the contract period. In the financial year, unrealised fair value changes were influenced in particular by changes in interest rates and credit risk spreads in the Group’s main funding markets.

    In accordance with its risk management principles, the Group uses derivatives to financially hedge against interest rate, exchange rate and other market and price risks. Cash flows under agreements are hedged, but due to the generally used valuation methods, changes in fair value differ between the financial instrument and the respective hedging derivative. Changes in the shape of the interest rate curve and credit risk spreads in different currencies affect the valuations, which cause the fair values of hedged assets and liabilities and hedging instruments to behave in different ways. In practice, the changes in valuations are not realised on a cash basis because the Group holds financial instruments and their hedging derivatives almost always until the maturity date. The counterparty credit risk related to derivatives is comprehensively covered by collateral management. Changes in credit risk spreads are not expected to be materialised as credit losses for the Group, because the Group’s liquidity reserve has been invested in instruments with low credit risk.

    The Parent Company and subsidiary company Inspira’s results

    In 2024, MuniFin’s net interest income amounted to EUR 260 million (EUR 259 million) and net operating profit to EUR 166 million (EUR 139 million).

    The turnover of MuniFin’s subsidiary company, Financial Advisory Services Inspira Ltd, was EUR 0.4 million (EUR 1.4 million), and its net operating result amounted to EUR -0.5 million (EUR 0.0 million). The Group discontinued Inspira’s advisory services in the spring. In the future, the subsidiary company will provide some of the digital added value services MuniFin offers to its customers.

    The Group’s financial performance in July–December

    In the second half of 2024, the Group’s net operating profit excluding unrealised fair value changes amounted to EUR 92 million (Jul–Dec 2023: EUR 95 million), remaining almost at the same level as in the year before. Net interest income totalled EUR 132 million (Jul–Dec 2023: EUR 135 million) and costs EUR 40 million (Jul–Dec 2023: EUR 39 million) in July–December. Unrealised fair value changes weakened the net operating profit by EUR 31 million (in the comparison period Jul–Dec 2023: weakened by EUR 33 million). The Group’s net operating profit amounted to EUR 61 million (Jul–Dec 2023: EUR 62 million) in July–December.

    In the second half of the year, the Group’s net operating profit excluding unrealised fair value changes increased by 3.1% from the first half. Net interest income went up by 2.4% from the first half of the year. Costs amounted to EUR 40 million in July–December and to EUR 41 million in January–June. The Group’s net operating profit totalled EUR 61 million in July– December, decreasing by 42.4% from January–June. In the second half of the year, unrealised fair value changes affected the net operating profit by EUR -31 million, while in the first half of the year, their effect was EUR 16 million.

    Outlook for 2025

    Europe’s economy is starting 2025 off from a weaker position than anticipated. Business cycle expectations are subdued, and the global operating environment is fraught with uncertainty. Donald Trump’s presidential administration is expected to pursue protectionist trade policies, which could, at worst, severely slow down the euro area’s economic recovery.

    However, if Europe is exempted from the planned universal tariff on all US imports and the euro continues to weaken, businesses in the euro area could even find new opportunities to expand their market share in the US. Europe could also suffer negative economic effects if capital needed to improve productivity is increasingly allocated to strengthening military defence and supply security. The political turmoil in France and Germany adds another layer of uncertainty into the euro area economy.

    To counterbalance the growing economic uncertainty, the European Central Bank is expected to continue brisk interest rate cuts in 2025. Short-term market rates are projected to come down to about two per cent or even slightly below that by mid-year.

    The sharp interest rate cuts will be the most crucial booster for the Finnish economy in 2025. Although the overall tone of the economic turnround is still relatively subdued, the simultaneous recovery of demand drivers could boost annual GDP growth to surprisingly strong figures. Even so, macroeconomic forecasts continue to be very uncertain. Finland’s two most important export markets, the US and Germany, both entail considerable risks, and a sharperthan-expected decline in employment casts a shadow over the recovery of the domestic market. From the Group’s perspective, the 2024 rise in credit risk spreads is expected to push up the cost of funding, weakening the Group’s net interest income in 2025.

    Municipalities are undergoing sizeable adjustment programmes, but their financing deficit is nevertheless expected to grow again in 2025. Municipal finances are strained by several factors: central government transfer cuts resulting from the balancing of health and social services reform transfers, increased net investments, health and social services facilities that are left unused by wellbeing services counties but continue to incur maintenance, conversion and demolition costs, as well as uncertainty surrounding the actual costs of the employment services reform. In addition, the weakened employment outlook poses a serious risk to tax revenues.

    Privately funded housing production is expected to take an upward turn in 2025, but its volume will nevertheless remain well below normal levels. The housing market is starting to gradually pick up, and housing prices are expected to start rising moderately from 2025 onwards. In contrast, state-subsidised housing production will see fewer building starts due to reductions on interest subsidy loan authorisations. In March 2025, the Housing Finance and Development Centre of Finland (Ara) will cease to operate as an independent government agency and its operations will instead be integrated under the Ministry of the Environment. This change does not mean the end of state-subsidised housing production; rather, it aims to improve the administration of affordable social housing production. According to MuniFin’s analysis, the integration will not have a direct effect on MuniFin’s business. Interest subsidy loans will continue to be granted to state-subsidised housing production, but the related processes will be administered at the Ministry of the Environment. MuniFin will monitor the practical implications closely. With the managing authority changing, the Company may need to make changes to some of its processes in response.

    Considering the above-mentioned circumstances, the Group expects its net operating profit excluding unrealised fair value changes to be at the same level or lower in 2025 as in 2024. The Group expects its capital adequacy ratio and leverage ratio to remain strong. The valuation principles set in the IFRS framework may cause significant but temporary unrealised fair value changes, some of which increase the volatility of net operating profit and make it more difficult to estimate.

    These estimates are based on a current assessment of the development of MuniFin Group’s operations and the operating environment.

    Municipality Finance Plc

    Further information:

    Esa Kallio, President and CEO, tel. +358 50 337 7953

    Harri Luhtala, Executive Vice President, Finance, CFO, tel. +358 50 592 9454

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

    MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic, but the Company operates in a completely global business environment. The Company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: www.munifin.fi

    Attachment

    The MIL Network

  • MIL-OSI: Lender.Market Unveils AI Financial Advisor V2.0: The Ultimate Funding Solution for Construction, Dentistry, Healthcare, and More

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., Feb. 12, 2025 (GLOBE NEWSWIRE) — Lender.Market, a leader in AI-driven lending solutions, is excited to announce the launch of AI Financial Advisor V2.0, a groundbreaking upgrade to its intelligent funding platform. Designed for construction companies, dental practices, healthcare providers, and small businesses, this next-generation AI tool streamlines financial analysis, optimizes loan matching, and empowers businesses with smarter, faster, and more customized funding solutions.

    What’s New in AI Financial Advisor V2.0?

    Industry-Specific Funding Recommendations AI tailors financial strategies for construction, dentistry, healthcare, and other capital-intensive industries.

    Instant Bank Statement Analysis Processes multiple bank statements in seconds, reviewing debits, credits, revenue trends, and cash flow.

    AI-Optimized Loan Matching Identifies the best funding options based on business performance, financial health, and industry benchmarks.

    Real-Time Financial Advice Offers strategies to improve cash flow, optimize spending, and secure funding with manageable repayment plans.

    Stronger AI Accuracy & Speed Upgraded algorithms provide deeper insights and more precise funding recommendations than ever before.

    Transforming Access to Capital for Key Industries

    1. Construction Secure project funding quickly for materials, labor, and equipment with AI-driven financial insights that align with construction business loans.
    2. Dentistry: Get tailored financing for new equipment, office expansion, or practice acquisition, with AI analyzing patient volume and revenue streams find multiple Dentistry business loans.
    3. Healthcare: Medical professionals can access funding for clinic upgrades, urgent care expansion, or telehealth services, ensuring smooth financial operations.
    4. Small Businesses & Beyond: From startups to established enterprises, AI Financial Advisor V2.0 provides custom financial strategies to support sustainable growth.

    Investor Opportunities: Join the Future of AI-Powered Finance

    As Lender.Market continues to revolutionize AI-driven lending, the company is actively seeking strategic investors to accelerate its expansion into new markets. With its proven AI technology and growing demand for industry-specific funding solutions, Lender.Market presents an exciting investment opportunity in the future of AI-powered finance.

    See the full project on our investor relations page

    Exclusive Launch Event

    Lender.Market will host a virtual and in-person launch event to showcase AI Financial Advisor V2.0, including a live demo and insights from industry experts. Register today at Contact lender market lender.market to secure your spot!

    About Lender.Market

    Lender.Market is an AI-driven lending platform that simplifies and accelerates business financing. By leveraging advanced AI algorithms, it provides real-time financial analysis, industry-specific funding solutions, and customized loan matching for businesses across various industries.

    Experience AI Financial Advisor V2.0 today at Apply lender market.

    For media inquiries, please contact:

    Name: Eli Ofel
    Email: eli@lender.market
    Phone: 732 808-3305
    Business Name: Lender Market
    Eli ofel Founder and CEO also founder and chairman of leaa health
    Lender market – lending platform

    Disclaimer: This content is provided by the Lender.Market. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    The MIL Network

  • MIL-OSI: Form 8.3 – De La Rue plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    De La Rue Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    11/02/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 44 152/175p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 7,394,659 3.77%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    7,394,659 3.77%    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    44 152/175p ordinary Shares Purchase 7,600 117p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    44 152/175p ordinary Shares Internal transfer from Execution-Only to Discretionary account 10,000  
    44 152/175p ordinary Shares Internal transfer from Discretionary to Execution-Only account 1,000  
    44 152/175p ordinary Shares Internal transfer from Execution-Only to Discretionary account 1,000  

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

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

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

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 12/02/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

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

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

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

    The MIL Network

  • MIL-OSI: CEA Industries Inc. Signs Agreement to Acquire Leading Canadian Vape Retailer and Manufacturer, Fat Panda Ltd.

    Source: GlobeNewswire (MIL-OSI)

    Louisville, Colorado, Feb. 12, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it has signed an agreement to acquire Fat Panda Ltd. (“Fat Panda”), a leading Canadian retailer and manufacturer of nicotine vape products, for an aggregate purchase price of CAD $18 million (USD $12.6 million) payable at closing. The Company will pay the purchase price with a combination of cash, CEA Industries common shares, and seller and bank debt. The structure of this accretive acquisition is designed to have minimal dilution to CEA Industries’ shareholders.

    Fat Panda is central Canada’s largest retailer and manufacturer of e-cigarettes, vape devices and e-liquids, with a market share exceeding 50% in the region. The company operates 33 retail locations, including 29 Fat Panda stores and four Electric Fog vape outlets, in the provinces of Manitoba, Ontario and Saskatchewan. Fat Panda also serves a wide range of customers through its online e-commerce platform. Its retail footprint is complemented by a comprehensive portfolio of products, including its own line of premium e-liquids manufactured in-house, along with a robust portfolio of trademarks and intellectual property.

    Since its inception in 2013, Fat Panda has established a strong foundation that has fueled its growth in the vape industry and has positioned the Company for sustained expansion. By strategically locating retail stores in high-traffic areas and developing a robust e-commerce platform, Fat Panda has achieved broad market reach and customer accessibility. Its in-house product development also enables a diverse and cost-effective product portfolio that adapts to evolving consumer preferences. Additionally, Fat Panda benefits from strong supplier partnerships and management expertise in navigating complex regulatory frameworks, which reinforces its operational resilience and compliance. Given the continuity of management at Fat Panda, combined with the leadership and financial strength of CEA Industries, the Company believes Fat Panda is well positioned for continued success and further growth and profitability.

    “CEA Industries has long been active in the Canadian market, and we are pleased to take the next step in our evolution with this acquisition of Fat Panda, marking our entrance into the high-demand Canadian vape industry,” said Tony McDonald, Chairman and CEO of CEA Industries. “Fat Panda’s market leadership in central Canada, supported by its network of 33 stores and a vertically integrated product portfolio, reflects a solidified business with strong fundamentals and a proven track record of double-digit revenue growth, consistent profitability, and positive cash flow. By combining our expertise and resources with Fat Panda’s established operations, we plan to accelerate its expansion and deepen its presence in the Canadian market to create long-term, sustainable value for our shareholders.”

    CEA Industries plans to leverage its balance sheet and the market position of Fat Panda to support the strategic expansion of Fat Panda’s retail and wholesale operations. This includes acquiring additional store locations and launching de novo stores, allowing the Company to reach untapped markets and improve accessibility for its customers. Further, CEA Industries intends to scale Fat Panda’s manufacturing operations, which produce house-brand and white-label vape products for other retailers. The Company believes these strategic initiatives will enable it to build on Fat Panda’s solid foundation, accelerate growth, and enhance profitability and operational excellence.

    The acquisition will continue the employment of the current management and of the production and retail staff, for the uninterrupted, continuous operations of the business. Certain of the senior management persons will enter into employment agreements for their continued employment after the closing of the acquisition.

    The Company expects to complete the acquisition in the first half of 2025, subject to certain customary closing conditions described below.

    For more information, please reference the Company’s 8-K filed today, February 12, 2025, with the Securities and Exchange Commission.

    Acquisition Disclaimers

    Completion of the acquisition is subject to a number of conditions, which include the preparation of the Fat Panda companies and delivery of audited and unaudited interim consolidated financial statements, satisfaction of the financial condition of Fat Panda, completion of due diligence by the Company, receipt of all necessary government approvals and licenses, and continuation and reformation of the various retail location leases. Completion is also subject to the Company obtaining financing for a portion of the cash purchase price. The acquisition agreement also provides for the selling persons to make representations and warranties and undertake certain covenants about many aspects of the business of Fat Panda that shall be true and correct and performed at or prior to closing. The representations, warranties and covenants are those that are typical in relation to the acquisition of an operating business. The Company has also made certain representations, warranties and covenants, the principal one of which is to obtain financing for a part of the purchase price, which if not obtained will permit the Company to terminate the purchase agreement.

    About CEA Industries Inc.

    CEA Industries Inc. (www.ceaindustries.com) provides a suite of complementary and adjacent offerings to the controlled environment agriculture industry. The Company’s comprehensive solutions, when aligned with industry operators’ product and sales initiatives, support the development of the global ecosystem for indoor cultivation.

    Forward Looking Statements

    This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set forth in “Risk Factors” set forth in our annual and quarterly reports filed with the Securities and Exchange Commission (“SEC”), and subsequent filings with the SEC. Please refer to our SEC filings for a more detailed discussion of the risks and uncertainties associated with our business, including but not limited to the risks and uncertainties associated with our business prospects and the prospects of our existing and prospective customers; the inherent uncertainty of product development; regulatory, legislative and judicial developments, especially those related to changes in, and the enforcement of, cannabis laws; increasing competitive pressures in our industry; and relationships with our customers and suppliers. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to CEA’s website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

    Investor Contact:

    Sean Mansouri, CFA
    Elevate IR
    info@ceaindustries.com
    (720) 330-2829

    The MIL Network

  • MIL-OSI: Logansport Financial Corp. Reports Earnings for the Three and Twelve Months Ended December 31, 2024

    Source: GlobeNewswire (MIL-OSI)

    LOGANSPORT, Ind., Feb. 12, 2025 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCBB: LOGN), parent company of Logansport Savings Bank, reported net earnings for the three and twelve months ended December 31, 2024.

    Net earnings for the three months ended December 31, 2024 totaled $445,000, compared to the $295,000 in net earnings reported for the three months ended December 31, 2023.

    Net earnings for the year ended December 31, 2024 totaled $1,254,000, compared to the $1,791,000 reported for the year ended December 31, 2023. Earnings per share was $2.05 for December 31, 2024, compared to $2.93 for December 31, 2023. Return on Assets finished the year at 0.475% for 2024 compared to 0.723% for 2023. The Return on Equity finished the year at 6.14% for December 31, 2024, compared to 8.65% for December 31, 2023.

    The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company’s investments and borrowers, changes in economic conditions in the Company’s market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company’s market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation of forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    Logansport Financial Corp.
    Selected Financial Data
    (Dollars in thousands except for share data)
             
           
        12/31/2024 12/31/2023  
             
    Total Assets   $263,860 $247,713  
             
    Loans receivable, net     175,742   168,672  
    Allowance for loan losses     1,954   2,553  
    Cash and cash equivalents     14,992   4,810  
    Interest Bearing Time Deposits in banks        
    Securities available for sale     54,567   59,404  
    Federal Home Loan Bank stock     3,082   3,082  
    Deposits     225,904   207,779  
    FHLB borrowings and note payable     15,000   15,000  
    Accrued Interest and other liabilities     2,525   2,266  
    Shareholders’ equity     20,431   20,717  
    Shares Issued and Outstanding     611,597   611,334  
    Nonperforming loans     2,907   504  
    Real Estate Owned        
             
               Three months ended 12/31          Year ended 12/31  
          2024   2023     2024     2023  
                   
    Interest income   $3,559 $3,254   $12,981   $11,967  
    Interest expense     1,552   1,554     6,209     4,897  
    Net interest income     2,007   1,700     6,772     7,070  
    Provision for loan losses           (79 )    
    Net interest income after provision     2,007   1,700     6,851     7,070  
    Gain on sale of loans     133   36     393     170  
    Other income     211   179     999     1,018  
    General, admin. & other expense     1,797   1,580     6,968     6,247  
    Earnings before income taxes     554   335     1,275     2,011  
    Income tax expense     109   40     21     220  
    Net earnings   $445 $295   $1,254   $1,791  
     
    Earnings per share         $2.05   $2.93  
    Weighted avg. shares o/s-diluted           608,124     608,272  
                         

    Contact: Kristie Richey
    Chief Financial Officer
    Phone-574-722-3855
    Fax-574-722-3857

    The MIL Network

  • MIL-OSI: Meddelelse om fejl i NAV

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen A/S
    Nikolaj Plads 6
    1067 København K

    København, den 12. februar 2025

    Meddelelse om fejl i NAV i perioden 4. februar 2025 klokken 09:45 til 10. februar klokken 10:34 i Investeringsforeningen Wealth Invest

    I afdeling I&T Nordiske Aktier Large Cap (ISIN: DK0061276656) i Investeringsforeningen Wealth Invest har der i tidsrummet fra den 4. februar kl. 09:45 til 10. februar kl. 10:34 2024 været offentliggjort fejlagtige NAV-værdier.

    ISIN Afdeling Tidsinterval Afvigelse i NAV For lav eller for høj
    DK0061276656 I&T Nordiske Aktier Large Cap 4/2 09:45- 10/2 10:34 0,5-1,03% For lav

    Der er i det nævnte tidsrum blevet handlet i afdelingen.

    Med venlig hilsen
    Investeringsforeningen Wealth Invest

    The MIL Network

  • MIL-OSI: Form 8.3 – Checkit Plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Checkit Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    11/02/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    Yes – Crimson Tide Plc

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 5p Ord
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 22,497 0.02%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    22,497 0.02%    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
           

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

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

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

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 12/02/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

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

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

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

    The MIL Network

  • MIL-OSI: Form 8.3 – Crimson Tide Plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Crimson Tide PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    11/02/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    Yes – Checkit plc

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 10p Ord
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 199,498 3.03%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    199,498 3.03%    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
           

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

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

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

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 12/02/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

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

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

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

    The MIL Network

  • MIL-OSI: Ataccama launches Ataccama Lineage to deliver end-to-end visibility into data flows

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 12, 2025 (GLOBE NEWSWIRE) — Ataccama, the data trust company, today has launched Ataccama Lineage, a new module within its Ataccama ONE unified data trust platform (V16). Ataccama Lineage provides enterprise-wide visibility into data flows, offering organizations a clear view of their data’s journey from source to consumption. It helps teams trace data origins, resolve issues quickly, and ensure compliance—enhancing transparency and building confidence in data accuracy for business decision-making. Fully integrated with Ataccama’s data quality, observability, governance, and master data management capabilities, Ataccama lineage enables organizations to make faster, more informed decisions, such as ensuring audit readiness and meeting regulatory compliance requirements.

    Data challenges are increasingly complex and, according to the Ataccama Data Trust Report 2025, 41% of Chief Data Officers are struggling with fragmented and inconsistent systems. Despite significant investments in integrations, AI, and cloud applications, enterprise data often remains siloed or poor in quality. This fractured landscape obscures visibility into data transformations and flows, creating inefficiencies and operational silos. The lack of clarity hampers collaboration and increases the risk of non-compliance with regulations like GDPR, erodes customer trust, drains resources, and slows decision-making—ultimately stifling organizational growth.

    Ataccama Lineage simplifies how organizations manage and trust their data. Its AI-powered capabilities automatically map data flows and transformations, saving time and reducing manual effort. For example, tracking customer financial data across fragmented systems is a common struggle in financial services. Ataccama Lineage provides clear, visual maps that trace issues like missing or duplicate records to their source. It also tracks sensitive data, such as PII, with audit-ready documentation to ensure compliance. By delivering reliable, trustworthy data, Ataccama Lineage establishes a strong foundation for AI and analytics, enabling organizations to make informed decisions and achieve long-term success.

    Isaac Gabay, Senior Director, Data Management & Operations at Lennar, said, “As one of the nation’s leading homebuilders, Lennar is continually evolving our data foundation with best-in-class, cost-effective solutions to drive efficiency and innovation. Ataccama ONE Lineage’s detailed, visual map of data flows enables us to monitor data quality, trace issues through our ecosystem, and take a proactive approach to prevent and remediate quality concerns while maintaining centralized control. Ataccama ONE Lineage will provide unparalleled visibility, enhancing transparency, data literacy, and trust in our data. This partnership strengthens our ability to scale with confidence, deliver accurate insights, and adapt to the evolving needs of the homebuilding industry.”

    “Managing today’s data pipelines means dealing with increasing sources, diverse data types, and transformations that impact systems upstream and downstream,” said Jessie Smith, VP of Data Quality at Ataccama. “The rise of AI and generative AI has amplified complexity while expanding data estates, and stricter audits demand greater transparency. Understanding how information flows across systems is no longer optional, it’s essential. Ataccama Lineage is part of the Ataccama ONE data trust platform which brings together data quality, lineage, observability and master data management into a unified solution for enterprise companies.”

    Key benefits of AI-powered Ataccama Lineage include:

    1. Faster resolution of data quality issues: Advanced anomaly detection identifies issues like missing records, unexpected values, or duplicates caused by transformation errors. For example, retail operations with multiple sales channels, mismatched pricing, or inventory discrepancies can disrupt business. Ataccama Lineage enables teams to quickly pinpoint root causes, assess downstream impacts, and resolve issues before they affect operations—ensuring continuity and reliability.
    2. Simplified compliance: Data classification and anomaly detection enhance visibility into sensitive data, such as PII, and track its transformations. Financial organizations benefit from audit-ready documentation that ensures PII is properly traced to authorized locations, reducing regulatory risks, meeting data privacy requirements, and fostering customer trust with transparent processes.
    3. Comprehensive visibility into data flows: Lineage maps provide a detailed, enterprise-wide view of data flows, from origin to dashboards and reports. Teams in sectors like manufacturing can analyze the lineage of key metrics, such as production efficiency or supply chain performance, identifying dependencies across ETL jobs, on-premises systems, and cloud platforms. Enhanced filtering focuses efforts on critical datasets, allowing faster issue resolution and better decision-making.
    4. Streamlined data modernization efforts: During cloud migrations, Ataccama Lineage reduces risks by mapping redundant pipelines, dependencies, and critical datasets. Insurance companies transitioning to modern platforms can retire outdated systems and migrate only essential data, minimizing disruption while maintaining compliance with regulations like Solvency II.

    Read the blog “The evolution of data lineage” to learn more about Ataccama Lineage and all of the new capabilities in the Ataccama ONE data trust platform v16, and tune into the webinar Ataccama ONE v16 Deep Dive: Latest features and updates on February 19.

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

    The MIL Network

  • MIL-OSI: Real Madrid Foundation and HP join forces to empower communities with digital skills and sport for good initiatives

    Source: GlobeNewswire (MIL-OSI)

    MADRID, Feb. 12, 2025 (GLOBE NEWSWIRE) — Today, The Real Madrid Foundation announced a strategic collaboration with HP Inc. to promote digital skills and sports for disconnected communities during a joint signing ceremony at Ciudad Real Madrid. This collaboration will harness the unique capabilities of both organizations to leverage the ways in which technology as well as sport for good can empower individuals and prepare them for the future of work. The multi-year partnership is a component of the global technology sponsorship agreement announced with Real Madrid C. F. in February 2024. This collaboration will showcase how technology, sports values, and education can work together to generate positive and lasting change in the world.

    “These projects exemplify the global impact of this alliance, which will seek to empower vulnerable communities through access to sports and technological education, strengthening both individuals and their communities with essential values such as effort, overcoming challenges, and teamwork.” said Alvaro Arbeloa, the Real Madrid ambassador and coach of the Juvenil A youth team. “By bringing its technology expertise to our two existing projects in Spain and Indonesia, HP will be helping the local NGOs to enhance their support to their communities by providing access to future-critical skills.”

    HP will provide technology and digital solutions to the Real Madrid Foundation’s socio-sports programs in Spain and Indonesia, including the HP Foundation’s free business skills platform, HP LIFE.

    Initially, HP will support the following programs:

    • Spain, Red Cross, Madrid: The sports-based program for homeless people of the Real Madrid Foundation that takes place in the Temporary Care Center (CAT) of San Blas, managed by the Red Cross in agreement with the Madrid City supports unemployed and immigrant individuals facing social exclusion. Real Madrid Foundation focuses particularly on improving the psychological well-being of the participants through regular sports practice, utilizing its unique methodology. HP will provide access to hardware, digital literacy, and skills curriculum via HP LIFE.
    • Indonesia, Harapan Project: The Harapan Project aims to improve education for learners aged from 9 to 17-years-old, based in nine villages in the Hu’u district, Sumbawa, Indonesia. Real Madrid Foundation provides support via its Social Sports School program designed to improve their health through the practice of sport and foster values such as respect, autonomy, equality, self-esteem, health, motivation, and teamwork. Thanks to HP’s support, learners will be able to access technology via HP’s cutting-edge PCs and solutions for education and digital skills content developed in collaboration with Girl Rising, an HP partner supporting students and teachers with inclusive curriculum and innovative technology solutions.

    “This partnership is a beautiful example of the power of teamwork, and what it means to be stronger, together. We are honored to partner with Real Madrid Foundation and support these deeply impactful initiatives,” said Michele Malejki, Global Head of Social Impact, HP Inc., and Executive Director, HP Foundation. “At HP, we are dedicated to closing the digital divide for adolescents and adults so they can have the critical skills needed to participate and thrive in an increasingly digital economy.”

    About Real Madrid Foundation

    The Real Madrid Foundation, established in 1997, is the entity through which Real Madrid C.F. channels its social commitment, representing The Soul of the Club. Its mission is to promote the values of sport as an educational and social inclusion tool, fostering the comprehensive development of children and young people while preserving the club’s historical heritage.
    With the vision of becoming a universal benchmark in using sport for integration, the Foundation operates in more than 100 countries across five continents, guided by values such as self-esteem, autonomy, teamwork, equality, motivation, respect, and health.
    For more information, visit: https://www.realmadrid.com/es-ES/fundacion

    About HP
    HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

    HP Inc. Media Relations
    MediaRelations@hp.com 

    The MIL Network

  • MIL-OSI: Introducing #OurPower: A Movement for America’s Clean, Homegrown Energy Future

    Source: GlobeNewswire (MIL-OSI)

    SALT LAKE CITY, Feb. 12, 2025 (GLOBE NEWSWIRE) — Today, the #OurPower initiative officially launches in the United States with a bold, home-grown vision for America’s energy future. Inspired by the success of iconic campaigns like “Got Milk?”, the catch phrase #OurPower unites Americans around a simple, yet powerful message: All domestic energy resources, including sun and wind, should play a central role in powering America’s future, ensuring a sustainable and secure energy future for generations to come. This initiative is being led by Salt Lake City-based renewable energy developer rPlus Energies. Other organizations and individuals are invited to amplify and join the #OurPower movement on social media.

    This vision of the future of secure American energy kicks off with a with a powerful, one minute video.

    #OurPower is a message of unity, reminding us that solar and wind are resources that belong to us – ours to harness and protect. Just as the sun rises and the wind blows across our land, clean energy is an inherent part of our natural resources. By integrating solar and wind with energy storage and traditional domestic energy sources like American coal and gas, we strengthen our energy security, ensuring resilience in the face of global challenges and market fluctuations – achieving a sustainable future for generations to come.

    “#OurPower is the energy of America – clean, secure, affordable and generational,” said Luigi Resta, President & CEO of renewable energy developer rPlus Energies and spokesperson for the launch. “By tapping into the sun and wind that have always been ours, alongside energy storage and our other domestic fuel-based resources, we can future-proof our energy economy, enhance our national security, and ensure prosperity for all Americans.”

    Together, Americans have the power to secure a future where energy is clean, homegrown, and built for the long term.

    Contact for #OurPower:

    Maile Resta
    Communications, rPlus Energies
    mresta@rplusenergies.com
    707-776-7773

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af3bb39a-73c6-485a-964f-5fb90cec3cb9

    The MIL Network

  • MIL-OSI: Usio Announces Participation in Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    February 25-26 – Oppenheimer 10th Annual Emerging Growth Conference- Virtual

    March 16-18 – The 37th Annual Roth Conference, Laguna Beach, CA

    April 9-10 – LD Micro Conference, New York, NY

    May 21 – Ladenburg Thalmann Tech Conference, New York, NY

    SAN ANTONIO, Feb. 12, 2025 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), a leading provider of integrated, cloud-based electronic payment and embedded financial solutions, announced today its participation in a series of high-profile investor conferences. These events will include both in-person and virtual appearances, featuring presentations by Louis Hoch, CEO, or other senior company executives.

    Upcoming Conference Schedule:
    Oppenheimer 10th Annual Emerging Growth Conference
    Date: February 25-26
    Location: Virtual

    • CEO Louis Hoch will be available for one-on-one meetings. To schedule a meeting, please contact Usio or your Oppenheimer representative.

    The 37th Annual Roth Conference  
    Date: March 16-18
    Location: Laguna Beach, CA

    • The Company will be hosting one-on-one meetings with institutional investors. To schedule a meeting, please contact Usio or your Roth representative.

    LD Micro Conference,  
    Date: April 9-10
    Location: New York, NY

    • For registration information, please contact registration@ldmicro.com.

    Ladenburg Thalmann Tech Conference
    Date: May 21
    Location: New York, NY

    • To schedule a meeting, please contact your Ladenburg Thalmann representative.

    About Usio, Inc.

    Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated FinTech electronic payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, integrated software vendors and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to clients through its unique payment facilitation platform as a service. The Company, through its Usio Output Solutions division offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the card issuing sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas. Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.

    FORWARD-LOOKING STATEMENTS DISCLAIMER
    Except for the historical information contained herein, the matters discussed in this release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management’s intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as “believe,” “intend,” “look forward,” “anticipate,” “schedule,” and “expect” among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company’s business that could cause actual results to vary, including such risks related to an economic downturn as a result of the COVID-19 pandemic, the realization of opportunities from the IMS acquisition, the management of the Company’s growth, the loss of key resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2023. One or more of these factors have affected, and in the future, could affect the Company’s businesses and financial results in the future and could cause actual results to differ materially from plans and projections. The Company believes that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.

    Contact:

    Paul Manley
    Senior Vice President, Investor Relations
    paul.manley@usio.com
    612-834-1804

    The MIL Network

  • MIL-OSI: project44 extends partnership with HERE Technologies to power supply chain visibility

    Source: GlobeNewswire (MIL-OSI)

    • Since 2017, HERE and project44 have partnered to bring customers location intelligence for end-to-end supply chain visibility
    • HERE continues to be a Preferred Supplier for global location data on the project44 platform

    Las Vegas – HERE Technologies, the leading location data and technology platform, today announced an extension of its partnership with project44, the leader in high velocity supply chain visibility to license HERE location services as a Preferred Supplier across project44’s platform.

    To help manage the constraints of multimodal transportation, project44 will leverage HERE Location Services, including HERE Truck Routing and Search, to deliver valuable location intelligence. HERE Truck Routing offers traffic-aware routing that considers all physical and legal restrictions including hazardous goods, truck speed profiles, U-Turn avoidance, adjusted road hierarchy to avoid smaller roads, and more.

    project44 provides a platform that connects, automates, and optimizes the world’s most complex logistics operations. With the largest and most connected logistics network in the industry, project44 delivers real-time visibility into over 1 billion shipments annually for more than 1,000 companies, including some of the world’s top brands. Operating across 185 countries, project44 enables shippers, logistics service providers, and carriers to reduce costs, improve operational efficiency, and enhance the customer experience. Through its High-Velocity Supply Chain Platform, Movement, project44 empowers businesses to overcome visibility gaps and supply chain friction, helping them achieve seamless end-to-end shipment transparency.

    “At project44, we’re dedicated to providing our customers with unparalleled visibility and real-time intelligence across the global supply chain. Our partnership with HERE Technologies has been instrumental in enhancing our platform’s capabilities,” said Aron Kestenbaum Senior Vice President, Product at project44. “We’re excited to continue this collaboration, pushing the boundaries of innovation and bringing even greater value to our customers.”

    By integrating HERE Search and Geocoding to Movement, specifically for Over the Road (OTR) operations, supply chain professionals gain enhanced insights from across the shipment lifecycle helping save time, resources and cost.

    “We are thrilled to extend this partnership, which brings together project44’s High-Velocity Supply Chain Platform with HERE’s robust Location Services to create end-to-end supply chain visibility,” said Stuart Ryan, SVP and General Manager of the Americas at HERE Technologies. “Now more than ever, supply chain leaders recognize the value of shipment visibility – and how leveraging best-in-class location technology further optimizes end-to-end workflows and the overall customer experience. We look forward to continuing to work with project44 to bring more capabilities to their platform – and to help project44 and their customers best achieve their business goals through harnessing location technology.”

    About HERE Technologies
    HERE has been a pioneer in mapping and location technology for 40 years. Today, the HERE location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at here.com.

    About project44 
    project44 is on a mission to make supply chains work. Movement by project44, the only High-Velocity Supply Chain Platform, enables shippers, LSPs and carriers across the globe to reduce costs, optimize operations, deliver an exceptional customer experience and drive greater resiliency and sustainability. Having built the industry’s largest and most connected ecosystem, project44 provides visibility into over 1 billion shipments annually for over 1,000 companies, including world leading brands within manufacturing, automotive, retail, life sciences, food & beverage, CPG, and oil, chemical & gas.  

    project44’s commitment to excellence was recognized across organizations and awards including being named the Leader in the 2024 Gartner Magic Quadrant and as the “Customer’s Choice” in Gartner’s 2023 Voice of the Customer report, a 14-time leader on G2’s Supply Chain Visibility Grid, Google Cloud Partner of the Year, and SAP Pinnacle Award winner. project44 is headquartered in Chicago with a diverse team spanning offices around the globe including Amsterdam, Bengaluru, Kraków, Shanghai and Tokyo. Learn more at project44.com. 

    Media Contact
    Reed Findlay 
    +1 703 966 6284 
    Reed.findlay@here.com

    project44 Media
    press@project44.com 

    The MIL Network

  • MIL-OSI: Acquia Announces 2024 Partner Award Winners

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 12, 2025 (GLOBE NEWSWIRE) — Acquia, the leader in open digital experience software, today announced the winners of the 2024 Partner Awards, which showcase the top performers in Acquia’s partner ecosystem. The company recognized 22 organizations globally based on their exemplary utilization of Acquia technologies to deliver superior customer outcomes, their contribution to Acquia’s business performance, and their dedication to drive innovation with the open source Drupal content management system (CMS) and the Acquia digital experience platform (Acquia DXP).

    “Our 2024 winners set the benchmark for partnership excellence, consistently delivering high quality business impact and technical expertise that enable our customers to improve marketing outcomes and drive business results,” said Darren Burris, VP of Channels at Acquia. “Across North America, Latin America, EMEA, and APAC, these partners have demonstrated exceptional leadership, creativity, and collaboration that have helped us drive the digital experience landscape forward.”

    The list of winners:

    Excellence in Partner Growth Category:  
    Partner of the Year – Global Material+
    Partner of the Year – North America Bountenous
    Partner of the Year – EMEA Mobiiworld
    Partner of the Year – Latin America Squadra
    Partner of the Year – APJ EPAM
    Most Wins of the Year Capgemini
       
    Excellence in Customer Outcomes Category:  
    Partner of the Year – Technology Alliance AWS
    Partner of the Year – Accessibility Champion ParentSquare
    Partner of the Year – DAM Champion Velir
    Partner of the Year – DXP Champion Perficient
    Partner of the Year – DXO Champion Frankly
    Top Growth Partner of the Year Nighthawk Marketing
    Partner Advocate of the Year Hounder
    Tech for Good Partner of the Year manifesto
    Strategic Marketing Excellence Partner of the Year Paragon DCX
    Emerging Partner of the Year We are North
       
    Excellence in Innovation Category:  
    Top Developer Certified Partner of the Year Jakala
    Top Technical Excellence Partner of the Year VML
    Product Most Valuable Partner of the Year Axelerant
    Top Partner Community Contributor Lullabot
    Top Partner Starshot Contributor FreelyGive
    Advanced Technology Partner of the Year Workato

    Acquia congratulates its 2024 Partner Award winners, and thanks all of its partners for their commitment to empowering customers to deliver digital experiences that are more relevant, accessible, frictionless, and safe.

    About Acquia:
    Acquia empowers ambitious digital innovators to craft the most productive, frictionless digital experiences that make a difference to their customers, employees, and communities. We provide the world’s leading open digital experience platform (DXP), built on open source Drupal, as part of our commitment to shaping a digital future that is safe, accessible, and available to all. With Acquia Open DXP, you can unlock the potential of your customer data and content, accelerating time to market and increasing engagement, conversion, and revenue. Learn more at https://www.acquia.com/partner-of-the-year .

    All logos, company, and product names are trademarks or registered trademarks of their respective owners.

    Contact:
    Nicole Ngoon
    pr@acquia.com

    The MIL Network

  • MIL-OSI: Fortinet at Mobile World Congress: Join Us to Explore Sovereign SASE Innovations

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) —

    News Summary
    At MWC Barcelona 2025, Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, will showcase its groundbreaking sovereign SASE solution. This is a unique opportunity for service providers to explore how Fortinet Sovereign SASE enables them to create their own dedicated private SASE service to empower organizations with unparalleled control and flexibility over their data, meeting the critical needs of regulated industries like finance, healthcare, and government.

    Service providers that have already invested in Fortinet Secure SD-WAN are well-positioned to naturally expand into sovereign SASE by leveraging their existing investments and expertise. Powered by one operating system, FortiOS, and simple integration, the Fortinet Sovereign SASE solution allows service providers to quickly deploy to meet the growing demands of data sovereignty within the SASE market.

    “Organizations with strict regional or regulated industry compliance requirements are often faced with the dilemma of having a strong need for improved security posture while also having a significant barrier to adoption for modern SASE architectures,” said Pete Finalle, Research Manager, Security & Trust at IDC. “Fortinet’s Sovereign SASE solution takes the compliance guesswork out of adoption and enables service providers to deliver a robust SASE platform and expand from SD-WAN, which includes the latest DEM, network visibility and AI-assisted security capabilities to the customers that need it most.”

    Join Fortinet experts and discover how the industry’s most comprehensive unified SASE solution, including the journey from secure SD-WAN to its sovereign SASE turnkey private SASE solution, and how this ensures robust compliance and security by enabling local control over data routing, inspection, and storage. Learn how the unique architecture of sovereign SASE allows service providers to deliver private SASE services tailored quickly and cost-effectively to their customers and addresses the growing challenges service providers face in navigating data sovereignty regulations, including:

    • Ensuring compliance with regional data privacy laws
    • Managing cross-border data transfers and adhering to strict localization requirements
    • Handling the operational complexities of securing sensitive data across hybrid and multi-cloud environments
    • Balancing customer demands for low-latency performance with the need for localized data inspection and storage

    When: March 3–6, 2025

    Where: MWC 2025, Barcelona, Fortinet booth #6G48 in hall 6

    Who Should Attend:

    • Service providers looking to enhance their offerings with secure, flexible, and compliant SASE solutions
    • Industry leaders seeking to address complex data sovereignty challenges with advanced security

    Find Out More on the Following Topics:

    • From SD-WAN to SASE services to drive innovation and revenues
    • AI-driven security operations that empower automation, efficiency, mitigation, and compliance
    • Cybersecurity services for businesses and consumers to drive revenue and growth
    • AI-driven cybersecurity platform to secure your networks, services, and support compliance

    Book Time with Fortinet Experts at MWC 2025 or Learn More by Visiting the Fortinet Booth #6G48 in Hall 6

    Additional Resources

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

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

    The MIL Network

  • MIL-OSI: Kandji Announces Vulnerability Management, Delivers Stronger Security Posture for Apple in the Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 12, 2025 (GLOBE NEWSWIRE) — Kandji, the Apple endpoint management and security platform, today announced Vulnerability Management, a new security product that helps organizations identify, assess, prioritize, and fix security vulnerabilities due to out of date software on their Mac computers.

    Unlike other vulnerability management platforms, which only detect vulnerabilities without offering a way to resolve them, Kandji Vulnerability Management provides real-time insights and integrated workflows for automated patching of hundreds of business apps and macOS.

    According to McKinsey, 37% of companies said it takes more than three months to remediate a vulnerability, and according to Verizon’s 2024 Data Breach Investigations Report, 14% of breaches involved the exploitation of vulnerabilities as an initial access method, nearly tripling from the previous year’s figure.

    With Kandji Vulnerability Management, customers can identify vulnerabilities and then immediately remediate within a single workflow. This empowers teams to efficiently identify and fix vulnerabilities within a unified platform to improve their security posture without the time-consuming back and forth between security and IT teams.

    “As today’s workforce continues to embrace Mac computers as their device of choice, securing these systems has become more important than ever,” said Adam Petitt, co-founder and CEO of Kandji. “With our new Vulnerability Management product, we’re excited to help organizations strengthen their security posture in response to Apple’s steady growth in the enterprise, all while delivering the intuitive, best-in-class experience that both Kandji and Apple are known for.”

    With Kandji Vulnerability Management, IT teams are empowered to make the shift to proactive defense, enabling them to achieve unparalleled security while maintaining uncompromised productivity.

    Key highlights of Kandji’s Vulnerability Management include:

    • Unified detection and remediation: Integrates vulnerability management with powerful remediation tools to go beyond traditional scanners that only identify vulnerable software.
    • Faster risk reduction: Provides ability to resolve vulnerabilities through Kandji’s automated patch management for hundreds of business apps and macOS, while maintaining control with options to manually push updates or block compromised applications.
    • Reduced complexity: Eliminates the need for multiple solutions and costly workflow bottlenecks to create a streamlined and accelerated path from detection to resolution.
    • Security without sacrificing productivity: The Kandji Agent leverages Apple’s Endpoint Security framework to maintain optimal system performance while automatically prioritizing user tasks.
    • Simplified operations: Helps organizations efficiently scale their security operations by enabling more IT team members to contribute to security initiatives due to a single unified platform, lightweight agent, and intuitive interface.

    Kandji Vulnerability Management is the latest cybersecurity product available to Kandji Device Management customers. Kandji’s suite of security products also includes Endpoint Detection & Response, as well as the platform’s inherent ability to remediate vulnerabilities through Auto Apps, Custom Apps, Managed OS, and app blocking with MDM. As with all Kandji products, Vulnerability Management is purpose-built exclusively for Apple to enable robust security across an organization’s entire fleet.

    For more information please visit: https://kandji.io/vulnerability-management.

    Helpful Links

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

    Media Contact
    Erica Anderson
    pr@kandji.io

    The MIL Network

  • MIL-OSI: Gevo and Axens Partner to Broaden Their Alliance to Develop and Commercialize Bio-Based Renewable Hydrocarbon Fuels and Also Develop Gevo’s ETO Technology

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) and Axens (“Axens”) are pleased to announce they have formed a new strategic alliance to accelerate development and commercialization of sustainable aviation fuel (“SAF”) using the ethanol-to-jet (“ETJ”) pathway. The goal of the alliance is to leverage the most advantaged technologies, which we believe is Axens’ best-in-class and commercialized Jetanol™ technology. The alliance brings each partner’s complementary value propositions, real-world experience, substantially de-risked technologies, plant integrations, and pre-engineered systems to the ETJ space. The parties are also combining their technical resources to accelerate commercialization of Gevo’s patented, next-generation ethanol-to-olefins (“ETO”) technology for further process and cost improvements.

    “Today, Axens and Gevo are delivering the most cost-effective, commercially proven SAF technology with Axens Jetanol™ and Gevo’s process and business system,” says Dr. Paul Bloom, Chief Business Officer for Gevo. “By expanding our partnership to accelerate the commercialization of Gevo’s ETO technology, we’re combining our industry expertise to further reduce costs and create SAF that is competitive with fossil fuels while capitalizing on the growing carbon market.”

    Axens and Gevo are building on their previous successful commercial cooperation to ensure they remain leaders in the ETJ space by partnering with IFPEN on the final development and commercial deployment of Gevo’s next-generation ETO process for fuel applications that are expected to achieve zero carbon intensity or better. Gevo’s ETO process produces light olefins from ethanol, which can then be converted to transportation fuels utilizing commercially proven oligomerization and hydrogenation technologies.

    Provided the technology development is completed successfully, Gevo is expected to lead deployment of its ETO technology in North America with an effort to bring high-quality jobs and economic development to rural America, and Axens would provide process licensing, catalyst, equipment, and engineering services globally.

    “The immense potential for both our companies to lead the future of air-travel decarbonization is an obvious way forward,” says Quentin Debuisschert, CEO of Axens. “The combination of Gevo market know-how and capacity of project development with Axens best-in-class technology, Jetanol™, is expected to allow a fast acceptance and adoption of the ETJ Pathway. The future ETO technology commercialization will keep Axens and Gevo on the cutting edge of the ETJ pathway by offering end-users and project developers the possibility to select the most attractive technology for their situation.”

    “We believe that continuing to reduce production costs and capital costs for drop-in hydrocarbon fuels and chemicals has the potential to create large numbers of jobs, spur rural economic development, and create clear, market-based incentives for regenerative agriculture,” says Dr. Pat Gruber, Chief Executive Officer of Gevo. “It adds up to a practical approach for increased energy production and better energy security. This is a real way forward: it drives costs lower, uses the same, established fuel infrastructure, has proven and auditable improvements in sustainability, including how land is used, and offers large benefits to our society, and, in particular, strengthens our rural communities. We see this can be done, and we are pursuing it. It’s the right thing to do.”

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About Axens
    Axens Group provides a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics, all-natural gas treatment and conversion options, water treatment, as well as carbon capture and storage solutions. The offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents, and related services.

    For more information, see www.axens.net.

    Forward Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including the alliance between Gevo and Axens, Gevo’s ETO technology; the expected benefits of the alliance, the reduced costs from the alliance and applicable technologies, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2023, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Corporate Development
    IR@Gevo.com

    The MIL Network

  • MIL-OSI: ibex Names Phil Taylor Country Manager for Jamaica

    Source: GlobeNewswire (MIL-OSI)

    KINGSTON, Jamaica, Feb. 12, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced the appointment of Phil Taylor as Senior Vice President and Country Manager for Jamaica. In his new role, Phil will report directly to David Wilkerson, Executive Vice President of Global Operations, and will oversee the company’s operations and strategic initiatives in Jamaica.

    Phil joined ibex two years ago as Vice President of Operations and has since become an integral part of the organization. With over 20 years of experience in the contact center industry, Phil has built a reputation for his people-first leadership style, commitment to excellence, and ability to develop high-performing, collaborative teams. Prior to joining ibex, he held leadership roles at TaskUs and Alorica.

    “Phil is an exceptional leader with amazing energy and a passion for empowering teams to thrive,” said David Wilkerson. “We are thrilled to see him take on this expanded role and look forward to the continued success he will bring to our team, our clients, and our business. Phil’s deep industry expertise and unwavering commitment to operational excellence make him the ideal leader to continue our growth trajectory and strengthen our position as one of the top BPOs in Jamaica.”

    In his new role, Phil will focus on championing employee development, enhancing operations, fostering strategic partnerships, and fueling overall growth to deliver exceptional results for ibex and its growing roster of blue-chip clients.

    “I am honored and excited to take on the country leader role in Jamaica,” said Phil Taylor. “ibex is an incredible organization, and I am proud to be part of a company that truly values and rewards its people, while delivering world-class innovation and service excellence to its clients. I look forward to leveraging my experience to build on the amazing agent-first culture we have at ibex and continue to drive growth in Jamaica.”

    Beyond his professional achievements, Phil is a dedicated family man with a passion for sports, travel, and music. An accomplished musician, he frequently performs the U.S. national anthem at NBA and NFL games alongside fellow musicians.

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9eeb643e-9e3f-438f-abbd-015daeafe215

    The MIL Network

  • MIL-OSI: Surfshark releases annual company report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Surfshark Annual Wrap-up 2024 highlights another year of Surfshark’s growth and impact. In 2024, Surfshark increased product offerings, social responsibility efforts, and global outreach.

    “At Surfshark, we’re dedicated to building the most beloved security products people can rely on. Our mission is to deliver a service that earns trust and provides genuine value. We’ve recognized that our strength lies in creating a seamless user experience and outstanding service — which every team member contributes to. Especially in uncertain times, we aim to offer stability through convenient, accessible multi-product solutions that simplify online security and remove the worry of staying protected,” says Vytautas Kaziukonis, CEO at Surfshark. 

    “In 2024, we landed among the top 50 in the Financial Times 1000: Europe’s Fastest Growing Companies list. This achievement is not just about rapid growth but also about maintaining balanced, long-term, and stable development,” adds V.Kaziukonis.

    Technical Advancements in 2024

    In 2024, Surfshark focused on enhancing the quality of its services to better meet the needs of users. The technical team introduced several new features to ensure stronger privacy and security for everyone. One of the standout innovations was Alternative Number, a unique feature designed to protect users’ phone numbers online. Additionally, Surfshark expanded support for Apple TV, enabling seamless privacy protection across more devices. To further empower users, Surfshark introduced a free Data Leak Checker, allowing individuals to assess the safety of their personal information at no cost.

    Incogni’s Milestones and Expansion

    Incogni, Surfshark’s data removal product, had a remarkable year. In 2024, Surfshark acquired Ironwall to expand its offerings for individuals concerned about data protection. Ironwall specializes in online privacy protection for public servants and businesses, with a focus on judges, law enforcement, healthcare professionals, and financial institutions. Additionally, Incogni underwent a rebranding, giving it a fresh new look while staying true to its mission of protecting digital privacy in a clear and effective manner.

    Research Initiatives and Cybersecurity Awareness

    Surfshark’s research team had a productive year, rolling out impactful studies and initiatives aimed at raising awareness about cybersecurity. One major launch was the Smart Homes Privacy Checker, a tool that allows users to assess the privacy risks associated with their smart home devices.

    Surfshark also continued to track and report on the state of global internet freedom with the Internet Shutdown Tracker. Additionally, the Global Data Breach Statistics report provided insights into the increasing number of data breaches worldwide, helping promote better online safety practices.

    Commitment to Social Responsibility

    Surfshark’s dedication to corporate social responsibility remained strong in 2024. The company deepened its partnerships with trusted NGOs and nonprofits, such as the Open Observatory of Network Interference (OONI) and Open Rights Group (ORG), to advance digital rights and internet freedom.

    A major highlight was the launch of Surfshark’s first-ever Impact Report, showcasing its Environmental, Social, and Governance (ESG) efforts. This included the use of renewable energy, carbon emission mapping, and contributions to causes such as aid for Ukraine and marine conservation efforts.

    Additionally, Surfshark continued its Emergency VPN initiative, providing free VPN access to over 300 journalists, NGO workers, and activists facing internet censorship and surveillance.

    Read the full report here: surfshark.com/media/Surfshark_Annual_Wrap-Up_2024.pdf 

    NOTES TO EDITORS

    Surfshark is a cybersecurity company focused on developing humanized privacy and security solutions. The Surfshark One suite includes one of the very few VPNs audited by independent security experts, an officially certified antivirus, a private search tool, and a data leak alert system. Surfshark is recognized as the Tech Advisor’s Editor’s Choice for 2024. For a closer look at Surfshark in 2024, check our annual wrap-up. For more research projects, visit our research hub at: surfshark.com/research

    Attachment

    The MIL Network

  • MIL-OSI: Maris-Tech Secures $400,000 Repeat Order for Uranus-Based Situational Awareness Solution for Armored Fighting Vehicles

    Source: GlobeNewswire (MIL-OSI)

    Fourth Consecutive Order Reinforces Maris-Tech’s Position as a Trusted Global Vendor

    Rehovot, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, has secured a $400,000 repeat order for its Uranus-based situational awareness solution (“Uranus”) for armored fighting vehicles (“AFV”). This marks the fourth consecutive order from this customer in the defense sector, further validating Maris-Tech’s reliability in delivering mission-critical solutions.

    Designed to deliver 360° 3D situational awareness and advanced airborne threat protection, Uranus supports land defense missions, providing real-time alerts, ultra-low latency, and high-resolution video encoding. The solution addresses the growing need in the defense market for armored vehicles’ enhanced crew safety.

    The systems from the three previous orders have been successfully deployed and are fully operational in the field, meeting the customer’s expectations.

    “We are proud to once again be chosen to provide this cutting-edge solution,” said Israel Bar, Chief Executive Officer of Maris-Tech. “We believe that the continued business from this valued customer is a strong testament to both the confidence in our Uranus technology and our ability to consistently meet mission-critical operational needs. We look forward to further strengthening this relationship in the future.”

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing: the repeat order and future delivery of the Company’s products; the growing need in the defense market for armored vehicles’ enhanced crew safety; the Company’s ability to consistently meet mission-critical operational needs; and the possibility to further strengthening the Company’s relationship with this repeated costumer in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and the Company’s other filings with the SEC. 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 Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network

  • MIL-OSI: NextNav Names Renee Gregory as Vice President of Regulatory Affairs

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) — NextNav Inc. (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Renee Gregory as NextNav’s Vice President of Regulatory Affairs. In this newly created role, Ms. Gregory leads the company’s FCC regulatory approval process and compliance work. Her experience and expertise will be integral to meeting NextNav’s commitment to providing next-generation location technologies and providing a robust terrestrial complement and backup to GPS to meet an urgent national security need.

    “Renee’s appointment as NextNav’s Vice President of Regulatory Affairs will help the company deliver on its long-term mission to solve a pressing national security need,” said NextNav Chief Executive Officer Mariam Sorond. “Her decades of experience in policy and spectrum will be instrumental in shaping our regulatory strategy and delivering a wide-scale terrestrial PNT solution.”

    Ms. Gregory brings over 20 years of experience in both government and the private sector. At the federal level, she has served as Senior Policy Advisor for the White House Office of Science and Technology Policy and held key advisory roles at both the National Telecommunications and Information Administration, and the Federal Communications Commission. Her distinguished career in Washington, D.C., also includes leadership positions at Google and prominent international law firms, where she advised technology and telecommunications clients. Ms. Gregory holds a J.D. from Georgetown University Law Center and a B.A. from Yale University.

    “I’m thrilled to have the opportunity to work alongside federal agencies, industry partners, engineers and technical experts, and the talented NextNav team to help solve this national security need. Working together, I’m committed to strengthening GPS resiliency, eliminating US vulnerabilities, and advancing technical, regulatory, and business solutions that benefit us all,” said Renee Gregory.

    NextNav has petitioned the FCC to reconfigure the Lower 900 MHz band to enable a 5G-based terrestrial 3D PNT service that can be readily deployed and adopted as a complement and backup to GPS while also supporting 5G broadband deployment. In her role, Ms. Gregory will work with the company and its partners to ensure that the FCC’s rulemaking process is guided by sound, fact-based, and engineering-driven decisions that serve the best interests of public safety, national security, and America’s 5G future.

    About NextNav
    NextNav Inc. (Nasdaq: NN) is a leader in next-generation positioning, navigation and timing (PNT), enabling a whole new ecosystem of applications and services that rely upon 3D geolocation and PNT technology. Powered by low-band licensed spectrum, NextNav’s positioning and timing technologies deliver accurate, reliable, and resilient 3D PNT solutions for critical infrastructure, GPS resiliency and commercial use cases.

    For more information, please visit https://nextnav.com/ or follow NextNav on https://x.com/NextNavX or LinkedIn. 

    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. These statements are based on NextNav’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

    Source: NN-FIN

    Media Contact:
    Jayesh Patel
    jpatel@nextnav.com
    (312) 208-9732

    The MIL Network

  • MIL-OSI: LPL Financial Welcomes Southwest Advisory Group to Linsco Channel

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 12, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisors Steve Schulte, CFP®, MBA, and Melissa Toler Short have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Southwest Advisory Group. They reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

    Based in Yuma, Ariz., Schulte has provided financial guidance and wealth management for 25 years following an initial career in agriculture. Short transitioned from the hospitality industry to financial services in 2006. The advisors met at their local Rotary Club, striking up a friendship and eventual partnership, recognizing their skillsets, values and vision for their practice complemented each other. They are known for their collaborative approach, working closely with CPA firms and attorneys to provide holistic services that address each client’s entire financial situation. The team also includes client service associates Rhonda Kirk and Maren Green.

    As they considered what’s best for the future of their growing practice, the advisors turned to Linsco by LPL. The move marked a return to LPL for Schulte, who was previously with the firm from 2010 to 2014.

    Why they made the move to Linsco by LPL

    Linsco serves financial advisors seeking the core tenets of independence, including owning their client relationships and having flexibility to run their practice their way. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with support from an experienced branch management team, dedicated marketing consultant and other resources that allow advisors to focus on their clients.

    “Our move to LPL is a strategic decision that aligns with our desire for greater independence and autonomy,” said Schulte. “LPL’s commitment to advisor support and its absence of corporate influence and proprietary products make it the ideal partner as we seek new ways to elevate our practice and create differentiated experiences for clients.”

    Short added, “LPL is the right fit because they are focused on taking care of advisors, allowing us to optimize our practice and run it how we see fit. LPL’s leadership understands the relationship between advisor and clients is key, and they offer ample tools and resources to enhance that relationship. With Linsco, especially, we can turn over day-to-day management of operational tasks and concentrate on what we want to do most: help our clients and grow our business.”

    Both Schulte and Short are deeply involved in their community, with long-term memberships in Rotary International and the Yuma Elk Lodge. They emphasize the importance of community service and giving back.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Steve and Melissa to the Linsco community and congratulate them on the launch of Southwest Advisory Group. At LPL, we are committed to creating a differentiated and compelling experience for both advisors and their clients. We do that by offering unprecedented flexibility, strategic resources and innovative technology designed to help advisors deliver great advice and run thriving practices. We are excited to expand our Linsco footprint in Arizona and look forward to a long-lasting relationship with the entire team at Southwest Advisory Group.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    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 (LPL), 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.

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #688901

    The MIL Network

  • MIL-OSI: Traliant announces 2024 Partner of the Year Awards, celebrating excellence in compliance training partnerships

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — Traliant, a pioneer in online compliance training, today announced the recipients of its 2024 Partner of the Year awards, celebrating partners’ commitment to delivering cutting-edge, engaging training solutions that empower organizations to foster a culture of ethics, compliance, and inclusion.

    Now in its third year, Traliant’s Partner of the Year Awards honor the exceptional achievements of partners who have excelled in addressing critical business challenges through Traliant’s extensive suite of interactive training programs that make workplaces better for everyone.

    “Our partners are essential to helping organizations stay ahead of evolving workplace requirements, create respectful and inclusive environments and enable employees to thrive professionally,” said Mike Dahir, CEO of Traliant. “Congratulations to all of the 2024 Partner of the Year award winners for their remarkable dedication to our shared mission of making a positive difference in workplaces around the globe.”

    Mike Stankowitsch, Vice President of Partnerships at Traliant, added, “2024 has been a milestone year for our partner program. Our partners’ unwavering commitment to innovation and customer success has driven extraordinary results. We’re excited to continue collaborating with our partner community to expand our impact and deliver unparalleled value to organizations worldwide.”

    The 2024 Partner of the Year Awards recognize the excellence of Traliant’s growing partner ecosystem. This year’s honorees include:

    • Platinum Partner Award: OpenSesame received this prestigious award for the third consecutive year, for their exceptional or platinum-level performance throughout the year and aligning with Traliant’s mission to help employers build a positive work environment for their team.
    • Rising Star Award: Recently signed partner, Savvy Training & Consulting, earned this accolade for demonstrating outstanding engagement and collaboration, leading to solid business growth.
    • Reseller Partner of the Year Award: ClickSafety was recognized for turning complex organizational challenges into streamlined solutions and delivering training that addressed the unique needs of their customers, while providing outstanding service and support.
    • Referral Partner of the Year Award: GAN Integrity was honored for consistently referring clients throughout the year to support their growing compliance needs. A trusted partner to their customers, they partnered with Traliant to expand the compliance programs of organizations around the world.

    Traliant extends its gratitude to all partners for their contributions to advancing workplace excellence and looks forward to building on this momentum in 2025 and beyond. For more information about Traliant’s Partner Program, visit traliant.com/partner-program.

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

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

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

    Contact
    Reagan Bennet
    traliant@v2comms.com 

    The MIL Network

  • MIL-OSI: Stifel Introduces Stifel Discover

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, Feb. 12, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced the launch of Stifel Discover, a new Stifel-branded content feed available through its Wealth Tracker app. The innovative feature transforms how clients engage with Stifel’s research and thought leadership, delivering timely, personalized insights through a dynamic experience.

    Key features of Stifel Discover include:

    • Proprietary Insights – Stifel Discover delivers exclusive analysis and commentary from Stifel’s Chief Investment Officer, Chief Economist, Chief Washington Policy Strategist, equity research analysts, and other thought leaders. Users can explore insights tailored to their specific portfolio, market interests, and financial goals across the universe of more than 2,000 global stocks covered by Stifel research.
    • Personalization and Timeliness – The feed updates throughout the day, surfacing the most relevant and high-impact content based on users’ preferences and market movements.
    • Seamless Access – Easily accessible from the Wealth Tracker home screen, Stifel Discover is categorized for an effortless browsing experience.
    • Future Customization by Advisors – In upcoming phases, Stifel Financial Advisors will have the ability to personalize client feeds based on financial life stages, ensuring users receive curated content aligned with their investment needs.

    “We developed Stifel Discover to address our clients’ desire to easily access the firm’s timely and actionable insights as they navigate the complex market landscape. This tool is a powerful addition to our Wealth Tracker platform. Stifel Discover now provides clients with seamless, relevant, and real-time financial intelligence at their fingertips,” said Tom Lee, Stifel’s Head of Investment Products and Services.  

    Stifel Discover was developed in partnership with MoneyLion (NYSE: ML), a leader in financial engagement and financial content solutions. Powered by MoneyLion’s proprietary content-as-a-service platform, mFeed, and its expertise in delivering personalized, interactive content experiences, Stifel Discover delivers a new standard for financial content personalization – keeping users informed, engaged, and actively involved in their financial journey.

    “We’re thrilled to partner with Stifel on this trailblazing initiative,” said Jon Stevenson, Head of Corporate Development at MoneyLion. “At MoneyLion, we’ve built a best-in-class content and engagement engine that delivers personalized financial insights to millions. Customizing this technology for Stifel allows them to take their content and create an exceptional client experience. Stifel is leading the way in content-driven engagement for wealth management, and we’re excited to be part of it.”

    The Stifel Wealth Tracker app gives users the ability to view their full financial picture by aggregating all of their assets and liabilities in one spot. Stifel Wealth Tracker is available for free download on the App Store and Google Play.

    Stifel Company Information

    Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire & Co., LLC business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

    About MoneyLion

    MoneyLion (NYSE: ML) is a leader in financial technology powering the next generation of personalized products, content, and marketplace technology, with a top consumer finance super app, a premier embedded finance platform for enterprise businesses and a world-class media arm. MoneyLion’s mission is to give everyone the power to make their best financial decisions. We pride ourselves on serving the many, not the few; providing confidence through guidance, choice, and personalization; and shortening the distance to an informed action. In our go-to money app for consumers, we deliver curated content on finance and related topics, through a tailored feed that engages people to learn and share. People take control of their finances with our innovative financial products and marketplace – including our full-fledged suite of features to save, borrow, spend, and invest – seamlessly bringing together the best offers and content from MoneyLion and our 1,200+ Enterprise Partner network, together in one experience. For more information about MoneyLion, please visit www.moneylion.com. For information about Engine by MoneyLion for enterprise businesses, please visit www.engine.tech.

    For further information,
    contact Brian Spellecy
    (314) 342-2000        

    The MIL Network

  • MIL-OSI: XO Swap by Exodus Now Available in Bifrost Wallet

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., Feb. 12, 2025 (GLOBE NEWSWIRE) — XO Swap by Exodus has officially been integrated into Bifrost Wallet, marking a significant step forward for seamless cross-chain swaps. This collaboration brings XO Swap’s advanced liquidity aggregation to Bifrost, enabling users to swap tokens effortlessly, including FLR (Flare) and SGB (Songbird)—two of the most prominent assets in the Flare ecosystem.

    Bifrost has been a pioneer in supporting Songbird and Flare, making this integration a natural fit to enhance liquidity and accessibility for users. With XO Swap, Bifrost users can now swap FLR, SGB, and other key assets like BTC, ETH, and USDC, directly within their wallet without relying on centralized exchanges.

    A Collaboration to Strengthen the Ecosystem

    “Bringing XO Swap to Bifrost means more seamless, self-custodial trading options for users,” said Kevin Wood, Director of Revenue Operations at Exodus. “Supporting Songbird and Flare through Bifrost helps expand accessibility for these key assets while giving users the best swap rates in the market.”

    As one of the first wallets to support Flare and Songbird, Bifrost has been a key player in empowering users with decentralized finance tools. This integration allows for frictionless asset swapping, strengthening Songbird’s liquidity while enhancing Bifrost’s DeFi capabilities.

    “Bifrost Wallet has always prioritized interoperability and ease of use, and integrating XO Swap aligns perfectly with that mission,” said Marco, Head of Marketing at Bifrost Wallet. “Our users now have access to one of the most robust swapping engines, unlocking new trading opportunities across multiple blockchains.”

    Key Swap Pairs Now Available in Bifrost via XO Swap:

    • FLR ⇄ SGB
    • FLR ⇄ XRP
    • FLR ⇄ USDC
    • SGB ⇄ BTC
    • SGB ⇄ XRP
    • SGB ⇄ DOGE
    • BTC ⇄ FLR
    • ETH ⇄ SGB

    With XO Swap now live in Bifrost, users can experience seamless swaps with deep liquidity and competitive rates across multiple networks.

    About Exodus
    Exodus empowers individuals to take control of their lives in a digital world with secure, user-friendly crypto software. Since 2015, Exodus has made digital assets accessible through self-custodial wallets that put users in full control of their funds, enabling seamless swaps, buys, and sells. For businesses, Exodus offers Passkeys Wallet and XO Swap, leading solutions for embedded crypto wallets and swap aggregation. Committed to accessible and secure finance, Exodus is shaping the future of digital ownership. Learn more at exodus.com or follow us on X at x.com/exodus.

    About Bifrost
    Bifrost Wallet is a self-custody wallet with you in full control over your crypto assets, keys, and data, all in one simple and secure app. Supported blockchains include Bitcoin, Ethereum, XRP, Dogecoin, Flare, and many more. Learn more at bifrostwallet.com/ or follow them on X at x.com/bifrostwallet.

    Investor Contact
    investors@exodus.com

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  • MIL-OSI: Veeco Ships Nanosecond Annealing System Targeting High Volume Production of 2 Nanometer Gate-All-Around Chips

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., Feb. 12, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) announced today a NSA500™ Nanosecond Annealing system shipment to a leading-edge semiconductor company for high-volume production of 2-nanometer gate-all-around logic chips. The shipment occurred during the fourth quarter of 2024.

    Equally as important, the company’s NSA500™ evaluation programs at two other leading-edge customers are progressing well with multiple applications being considered. Interest from additional logic and memory customers to evaluate Veeco’s system also remains high.

    Veeco’s recently launched next-generation annealing platform expands the company’s overall opportunity in laser annealing to leading-edge applications in logic and memory. New applications include precise shallow anneals for 3D devices, low thermal budget anneals, and material modification applications. Compared to traditional annealing solutions, the NSA500 system is capable of precisely annealing relevant surface layers without damaging the underlying device due to its combination of short dwell times in the nanosecond scale and high temperatures. 

    “Shipment of this NSA500™ Nanosecond Annealing system is an important milestone given the growing need for annealing solutions with advanced capabilities for leading-edge applications,” commented Adrian Devasahayam, Ph.D., Veeco’s Senior Vice President, Product Line Management. “We look forward to supporting our customers as they accelerate production of next-generation chips for growing markets such as artificial intelligence and high-performance computing. The broad applicability of Veeco’s NSA500 system provides a significant opportunity to expand Veeco’s served available market.”

    About Veeco
    Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2023 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:                                
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Brenden Wright | (410) 984-2610 | bwright@veeco.com

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  • MIL-OSI: FDCTech, Inc. Announces Intention to Apply for Uplisting to a Senior Exchange

    Source: GlobeNewswire (MIL-OSI)

    The Company believes uplisting to a senior exchange will enhance liquidity, expand our investor base, and provide greater access to capital markets 

    Irvine, CA, Feb. 12, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven company specializing in acquiring and integrating small—to mid-size legacy financial services firms, proudly announces that that it has engaged Lucosky Brookman LLP to assist the Company in exploring an uplisting to a senior national securities exchange such as the Nasdaq Capital Market or the New York Stock Exchange (NYSE).

    The Company’s engagement of Lucosky Brookman marks a significant step toward enhancing shareholder value and increasing market visibility. As part of this process, FDCTech intends to submit an application for uplisting and work toward meeting the stringent regulatory and financial requirements necessary for listing on a senior exchange.

    However, there is no assurance that the Company will ultimately meet the listing requirements or that the uplisting application will be approved. Currently, FDCTech does not meet the necessary financial and regulatory criteria for uplisting, and there is no guarantee that it will do so in the future.

    Please visit our SEC filings or the Company’s website for more information on the full results and management’s plan.

    FDCTech, Inc.

    FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, CFDs, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

    Press Release Disclaimer

    This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

    Contact Media Relations
    FDCTech, Inc.
    info@fdctech.com
    www.fdctech.com
    +1 877-445-6047
    200 Spectrum Center Drive, Suite 300,
    Irvine, CA, 92618

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  • MIL-OSI: Hanmi Bank Sponsors Southern California Wildfire Relief SBA Seminar in Partnership with the SBA Los Angeles District Office and the YMCA

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 12, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced it hosted a Small Business Administration (SBA) disaster assistance seminar for homeowners, renters, nonprofits, and businesses of all sizes affected by the recent Los Angeles wildfires in partnership with the YMCA of LA. Hanmi and SBA Los Angeles District office personnel provided timely information regarding the various programs available and were on hand to answer questions and assist impacted community members with the application process.

    The Los Angeles County Economic Development Corporation estimates that approximately 1,860 small businesses and 11,430 jobs located within the fire burn zones were potentially impacted.

    In conjunction with the event, Hanmi Bank and the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) presented the YMCA and the Korean American Federation of Los Angeles (KAFLA) with a $30,000 check each. Hanmi’s portion of the donations included employee contributions and company matching funds.

    Anna Chung, Chief SBA Lending Officer at Hanmi Bank, said, “As a Los Angeles-headquartered community bank, we want to help the residents and businesses of our city get back on their feet as quickly as possible. Providing opportunities for those impacted by the fires to speak directly with SBA personnel and guide them through the relief application process is an important step in this journey. We know the road to recovery will be a long one and we will continue to identify ways to provide assistance and serve as a trusted resource.”

    To make the funding available to the YMCA and KAFLA, Hanmi Bank partnered with FHLBank San Francisco in its wildfire relief and recovery matching funds initiative that is part of a suite of tools and resources that are available to help its member financial institutions address both urgent needs and longer-term recovery efforts in local communities. These tools and resources include discounted credit programs that support affordable housing, economic development, and community revitalization efforts.

    “We are thankful to all of the first responders for their bravery and perseverance in battling the devastating wildfires in Southern California that destroyed over 10,000 homes, thousands of businesses, and displaced tens of thousands of people,” said Joe Amato, interim president and CEO, and chief financial officer with FHLBank San Francisco. “As the region begins a lengthy rebuilding effort, we will continue to serve and engage with our members, including Hanmi Bank, and community stakeholders to deliver much needed grants and funding to local organizations that serve a vital role in local community relief and recovery efforts.”

    The seminar took place on February 11th at the Anderson Munger Family YMCA Community Room in Koreatown. The Koreatown YMCA has been playing a central role in supporting victims across the entire YMCA metropolitan Los Angeles area. Representatives from the SBA Los Angeles District Office introduced the various types of SBA disaster loan programs available to impacted individuals and business owners.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of thirty-one full-service branches and eight loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Contact
    Juanita Gutierrez
    Vice President
    Financial Profiles, Inc.
    310-622-8235
    JGutierrez@finprofiles.com

    Source: Hanmi Bank

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8ec975c-dc8b-4524-ab07-89412c7e2156

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  • MIL-OSI: Safe Harbor Financial Originates $1,500,000 Secured Credit Facility for Missouri Cannabis Operator

    Source: GlobeNewswire (MIL-OSI)

    GOLDEN, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) — SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced the closing of a $1,500,000 secured credit facility for a Missouri-based cannabis operator. This transaction marks the second tranche of a $5,000,000 loan funding package aimed at refinancing expensive senior debt across four retail dispensaries in Missouri. An initial tranche of $1.07 million was originated on October 29, 2024.

    “Safe Harbor Financial is dedicated to supporting cannabis operators with robust and compliant financial solutions through our financial institution partners that mirror those available through traditional banking sources,” said John Foley, Senior Vice President, Commercial Lending at Safe Harbor Financial. “This credit facility exemplifies our commitment to delivering competitive market interest rates and favorable loan terms, allowing cannabis businesses to efficiently manage debt and focus on growth.”

    With a focus on competitive market pricing, Safe Harbor Financial structured the financing package to deliver optimal lending terms for the borrower. The deal underscores the Company’s ability to provide bank-quality lending solutions tailored specifically for cannabis operators, further reinforcing its leadership in cannabis financial services.

    Terry Mendez, Co-CEO of Safe Harbor Financial added: “This latest financing demonstrates Safe Harbor’s commitment to offering competitive market pricing and tailored financial solutions that support the long-term stability of cannabis operators. Capitalizing our ability to structure favorable loan terms, we empower cannabis businesses to thrive in an evolving marketplace. Safe Harbor remains dedicated to offering cannabis operators and the financial services they need to grow, while simultaneously delivering sustainable value to our investors through a strong and diversified credit portfolio.”

    This latest transaction reinforces Safe Harbor Financial’s ongoing mission to expand access to capital for cannabis businesses, an industry that has historically faced significant banking and lending challenges. By leveraging strong deposit relationships, Safe Harbor Financial continues to pioneer comprehensive financial services that meet the unique needs of the regulated cannabis market.

    About Safe Harbor
    Safe Harbor is among the first service providers to offer compliance, monitoring and validation services to financial institutions, providing traditional banking services to cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. Safe Harbor, through its financial institution clients, implements high standards of accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Over the past decade, Safe Harbor has facilitated more than $25 billion in deposit transactions for businesses with operations spanning more than 41 states and US territories with regulated cannabis markets. For more information, visit www.shfinancial.org.

    Cautionary Statement Regarding Forward-Looking Statements
    Certain information contained in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included herein may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Forward-looking statements may include, but are not limited to, statements with respect to trends in the cannabis industry, including proposed changes in U.S. and state laws, rules, regulations and guidance relating to Safe Harbor’s services; Safe Harbor’s ability to issue loans in the same or similar fashion; Safe Harbor’s growth prospects and Safe Harbor’s market size; Safe Harbor’s projected financial and operational performance, including relative to its competitors and historical performance; new product and service offerings Safe Harbor may introduce in the future; the impact volatility in the capital markets, which may adversely affect the price of Safe Harbor’s securities; the outcome of any legal proceedings that may be instituted against Safe Harbor; and other statements regarding Safe Harbor’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “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 predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. 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 Safe Harbor’s filings with the U.S. Securities and Exchange Commission. Safe Harbor 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 Information
    Safe Harbor Investor Relations
    ir@SHFinancial.org

    KCSA Strategic Communications
    Ellen Mellody
    safeharbor@kcsa.com

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  • MIL-OSI: Clear Street Expands UK Leadership Team with Key Senior Hires

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — Clear Street, (“Clear Street”, “the Company”) a cloud-native financial technology firm on a mission to modernise the brokerage ecosystem, today announced key leadership hires as part of its continued expansion in the UK.

    These senior hires reflect the Company’s commitment to strengthening its presence in the UK and Europe. Clear Street welcomes the following leaders to its UK team:

    • Tarquin Orchard – Global Head of Event-Driven Strategies
    • Matthew Cyzer – Head of Markets, Execution
    • Phillip Hylander – Managing Director, Execution
    • Stuart Holt – Managing Director, Client Distribution and Strategy, Equities
    • Luke Holmes – Managing Director, Sales Trading

    The moves illustrate the continued migration of talent to Clear Street from a number of traditional financial services institutions including Goldman Sachs, Deutsche Bank, Bank of America and more. The UK team has now grown to more than 40 professionals, actively hiring across business areas including equities execution, equity finance and product and systems engineering.

    Ed Tilly, CEO of Clear Street, commented, “Establishing a strong presence in the UK is a natural step in our global growth and the addition of these leaders is another major step as we activate our mission. Our success in the US illustrates that our client-centric approach sets us apart, and we remain eager to listen to our clients and expand where they want to see us grow. Clear Street continues to attract top tier talent, ensuring our clients are in the best hands every step of the way.”

    Jacinda Fahey, CEO of Clear Street UK and Europe, commented, “We are building a sustainable business in the UK with scalable infrastructure to ensure we continue delivering innovative solutions tailored to our clients’ needs.   These leadership appointments reflect our dedication to hiring top-tier talent and driving long-term success.”

    This announcement follows Clear Street’s recent UK launch and FCA approval, as well as recently launched Category 1 membership with the London Metal Exchange (LME). To learn more about Clear Street’s UK expansion, please refer to the official launch announcement.

    About Clear Street:

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

    Press Contact:
    Clear Street – press@clearstreet.io

    Clear Street does not provide investment, legal, regulatory, tax, or compliance advice. Consult professionals in these fields to address your specific circumstances. These materials are: (i) solely an overview of Clear Street’s products and services; (ii) provided for informational purposes only; and (iii) subject to change without notice or obligation to replace any information contained therein.

    Products and services are offered by Clear Street LLC as a Broker Dealer member FINRA and SIPC and a Futures Commission Merchant registered with the CFTC and member of NFA. Additional information about Clear Street is available on FINRA BrokerCheck, including its Customer Relationship Summary and NFA BASIC | NFA (futures.org).

    Copyright © 2025 Clear Street LLC. All rights reserved. Clear Street and the Shield Logo are Registered Trademarks of Clear Street LLC

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