NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: The Cabrach Trust challenges Canadian power giant over Scottish windfarm plan raised in Scottish Parliament

    Source: GlobeNewswire (MIL-OSI)

    • The Cabrach Trust writes to Quebec-based Boralex
    • Canadian firm cited in parliamentary debate on energy projects
    • Plans attract widespread UK national media attention

    MORAY, Scotland, Feb. 10, 2025 (GLOBE NEWSWIRE) — A letter from The Cabrach Trust, a community led project, in the Scottish Highlands to Canadian energy giant Boralex about its plans for a new windfarm have been raised in a Scottish Parliament debate about the impact of energy projects.

    The debate last month (January 22) was led by Conservative MSP Douglas Lumsden who mentioned the Boralex project after stories appeared in major UK newspapers the previous weekend about a letter sent to company bosses from the local regeneration trust.

    Quebec-based Boralex hopes to develop the Clashindarroch Extension scheme in The Cabrach area of the Scottish Highlands to build 22 wind turbines and a battery energy storage facility. The area already has 78 turbines operational within a six miles radius, and a further 21 consented.

    Boralex, which last year posted revenues of CA$1.02bn (£580m) but has recently announced quarterly losses of CA$14 million (£7.9 million), took over the project when it acquired the UK interests of European energy company Infinergy in July 2022. It has now formed a joint venture with site owner Dr Christopher Moran, the London-based businessman and Conservative Party donor.

    Last year, The Cabrach Trust, the charity established in 2013 to safeguard the fragile community and preserve its cultural heritage, wrote to Boralex Chief Executive Patrick Decostre, and has now written to Boralex’s UK Country Director, Esbjorn Wilmar, to seek further clarification about the company’s commitment to corporate social responsibility and community engagement.

    In his letter to Mr Wilmar, Cabrach Trust Chief Executive Jonathan Christie wrote: “We feel strongly there is acute over-provision of wind turbines around our remote and fragile community, and further expansion, such as planned by Boralex, is at odds with our ambitions to regenerate the area in a way which is sensitive and in harmony with its landscape, community, and history.”

    The company’s environmental mission statement promises to “foster an open dialogue with our host communities, listen to their concerns and take them into account in our environmental response.”

    In October, Scotland’s Deputy First Minster, Kate Forbes, inaugurated the The Cabrach Trust’s £5m Cabrach Distillery & Heritage Centre, part a wider programme of community regeneration initiatives.

    The MIL Network –

  • MIL-OSI: Euronext announces volumes for January 2025    

    Source: GlobeNewswire (MIL-OSI)

    Euronext announces volumes for January 2025        

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 10 February 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for January 2025.

    Monthly and historical volume tables are available at this address:

    euronext.com/investor-relations#monthly-volumes

    CONTACTS  

    ANALYSTS & INVESTORS – ir@euronext.com

    Aurélie Cohen  
    Judith Stein  +33 6 15 23 91 97 

                          

    MEDIA – mediateam@euronext.com 

    Europe Aurélie Cohen + 33 1 70 48 24 45  
      Andrea Monzani +39 02 72 42 62 13
    Belgium  Marianne Aalders + 32 26 20 15 01
    France, Corporate Flavio Bornancin-Tomasella + 33 1 70 48 24 45
    Ireland Andrea Monzani  + 39 02 72 42 62 13
    Italy  Ester Russom + 39 02 72 42 67 56
    The Netherlands Marianne Aalders + 31 20 721 41 33
    Norway Cathrine Lorvik Segerlund + 47 41 69 59 10
    Portugal Sandra Machado + 351 91 777 68 97
    Corporate Services Coralie Patri + 33 7 88 34 27 44

     About Euronext   

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. 

    As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. 

    For the latest news, go to euronext.com or follow us on X and LinkedIn. 

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Attachment

    The MIL Network –

  • MIL-OSI: RUBIS: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 3 to 7 February 2025

    Source: GlobeNewswire (MIL-OSI)

    Paris, 10 February 2025, 06:00pm
      

    Issuer Name: Rubis (LEI: 969500MGFIKUGLTC9742)
    Category of securities: Ordinary shares (ISIN: FR0013269123)
    Period: From 3 au 7 February 2025

    Upon the authorisation granted by the Ordinary Shareholders’ Meeting held on 11 June 2024 to implement a share buyback program, the Company carried out, between 3 to 7 February 2025, the repurchases of its own shares in order to transfer them to employees and/or corporate officers of the Company and/or companies related to it in the context of a shareholding plan.

    Aggregate presentation per day and per market:

    Name of issuer Identification code of issuer (Legal Entity Identifier) Day of transaction Identification code of financial instrument Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares * Market
    (MIC Code)
    RUBIS 969500MGFIKUGLTC9742 03/02/2025 FR0013269123 2,000 24.5936 AQEU
    RUBIS 969500MGFIKUGLTC9742 03/02/2025 FR0013269123 10,000 24.6277 CEUX
    RUBIS 969500MGFIKUGLTC9742 03/02/2025 FR0013269123 2,000 24.6088 TQEX
    RUBIS 969500MGFIKUGLTC9742 03/02/2025 FR0013269123 21,827 24.6310 XPAR
    * Four-digit rounding after the decimal TOTAL 35,827 24.6268  

    Detailed presentation per transaction:

    Detailed information on the transactions carried out from 3 to 7 February 2025 is available on the Company’s website (www.rubis.fr) in the section “Investors – Regulated information – Share buyback programme”.

      Contact
      RUBIS – Legal Department
      Tel. : + 33 (0)1 44 17 95 95

    Attachment

    The MIL Network –

  • MIL-OSI: Sapphire Technologies and Tulip Compression Private Limited Join Forces to Advance Clean Energy in India

    Source: GlobeNewswire (MIL-OSI)

    CERRITOS, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) — Sapphire Technologies, a leader in energy recovery systems for hydrogen and natural gas applications, has announced a strategic expansion into India with its partnership with Tulip Compression Private Limited (TCPL), a prominent provider of energy solutions in the region’s natural gas industry. Together, the companies aim to deploy Sapphire’s FreeSpin® In-line Turboexpander (FIT) technology to India, addressing critical energy infrastructure challenges while advancing the country’s clean energy ambitions.

    As India’s natural gas sector continues to expand, with over 24,000 kilometers of pipelines supporting industrial growth, the need for sustainable solutions has never been greater. By leveraging Sapphire’s cutting-edge FIT technology and TCPL’s extensive industry expertise to transform pressure regulation stations into clean energy assets — the two companies have outlined an ambitious plan to deploy over 150 FIT systems across India in the coming years, which could result in a total reduction of 300,000 CO2e per year, marking a significant impact in advancing India’s decarbonization goals.

    “Partnering with Tulip Compression Private Limited is an exciting milestone as we expand into one of the world’s most dynamic energy markets,” said Freddie Sarhan, CEO of Sapphire Technologies. “India’s growing natural gas sector offers immense opportunities to deploy FIT technology, addressing inefficiencies while driving sustainability and economic growth. Together with TCPL, we aim to create a significant impact on India’s journey towards a cleaner energy future.”

    “Deploying state-of-the-art FIT technology in the Indian market for energy recovery shall significantly contribute to cost efficiency across the ecosystem,” said Rajkumar Sachdeva, Director of Tulip Compression Private Limited. “This partnership marks a pivotal moment for the industry, as we integrate innovative solutions to meet India’s clean energy aspirations. By addressing challenges across key industrial sectors like steel and fertilizer production and the expanding City Gas Distribution network, we are creating opportunities to deliver both environmental and economic benefits to the natural gas ecosystem.”

    By harnessing energy that would otherwise be wasted, the collaboration seeks to enhance operational efficiency, strengthen infrastructure, reduce carbon emissions, and create new revenue opportunities for gas companies. This deployment not only reflects the scale of their commitment but also highlights the potential to create local jobs and promote broader clean energy adoption. With the success of this initiative, the partnership is poised to expand into neighboring South Asian markets, further advancing Sapphire’s mission to drive global decarbonization.

    About Sapphire Technologies
    Sapphire Technologies is driving global decarbonization through developing and manufacturing energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. Sapphire Technologies’ systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers maximize efficiencies, improve productivity, reduce carbon emissions, offset electrical costs and achieve substantial financial returns. For additional information visit: https://www.sapphiretechnologies.com.

    About Tulip Compression Private Limited
    Tulip Compression Private Limited (TCPL) is a leading solution provider in the energy sector, with its origins rooted in the natural gas industry. Steered by a management team with over 20 years of experience, the company has earned the trust of the industry through its unwavering commitment to product safety and operational efficiency. TCPL’s expertise includes packaging of reciprocating equipment, lifecycle equipment maintenance, consulting in the energy and related industries, and leveraging AI for diagnostics and monitoring insights. Focused on industrial growth, TCPL emphasizes the principle of ongoing innovation, continually expanding its portfolio with new solutions, such as recent advancements in hydrogen, to meet the evolving needs of the energy sector.

    Media Contact:
    Kite Hill PR
    Lara Schembri Sant
    lara@kitehillpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b4f6bab-b352-44ac-bfc2-3db7491d06bc

    The MIL Network –

  • MIL-OSI: EchoSense Quantitative Think Tank Center Expands Global Investment Solutions with Dr. Oliver James Montgomery

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, Feb. 10, 2025 (GLOBE NEWSWIRE) — EchoSense Quantitative Think Tank Center, a leader in the financial technology industry, is proud to announce a significant milestone in its mission to provide innovative, data-driven tools that empower investors to make smarter decisions. This new initiative is designed to strengthen the company’s global presence, enabling EchoSense to offer precision-driven investment solutions tailored to a diverse range of market needs.

    The latest development builds on EchoSense’s commitment to advancing investment strategies by leveraging advanced analytics and market data. By integrating cutting-edge technologies and real-time insights, EchoSense aims to further support investors in navigating increasingly complex market conditions with greater confidence.

    EchoSense’s core strategy is centered on providing users with the most effective tools to maximize returns while minimizing risks. Through continuous innovation, the company ensures that its solutions remain adaptable to shifting market dynamics, enabling both individual and institutional investors to make more informed decisions in any economic environment. The driving force behind this new initiative is the ability to offer highly personalized investment tools, which are designed to cater to the specific needs of various market segments. Whether an investor is focusing on long-term growth, short-term opportunities, or managing a diversified portfolio, EchoSense’s tools ensure that strategies are not only data-backed but also continuously updated to reflect real-time market conditions.

    Founder Dr. Oliver James Montgomery shared his vision for the project:

    “We are excited to take this next step in EchoSense’s evolution. This initiative will significantly enhance our platform, providing our clients with even more advanced tools to simplify investment strategies and optimize their outcomes. Our mission remains focused on empowering investors with the tools they need to succeed in today’s fast-moving financial markets.”

    In addition to enhancing the platform’s technological capabilities, EchoSense continues to prioritize user education. The company offers a wide range of resources, including webinars, guides, and expert consultations, designed to help investors fully understand how to leverage its solutions. By offering ongoing training and support, EchoSense ensures that both novice and experienced investors are equipped to navigate the complexities of the financial world.

    EchoSense’s ongoing product development is designed to provide flexible solutions that cater to the evolving needs of investors. With a commitment to continuous refinement and optimization, the company ensures its products are always aligned with modern investment demands. This commitment to innovation means that EchoSense remains at the forefront of technological advancements in financial tools, constantly integrating feedback and insights from both industry professionals and investors.

    EchoSense also emphasizes collaboration within the investment community. By creating an environment where users can share insights, ask questions, and work together toward common goals, the company is fostering a dynamic ecosystem that promotes long-term growth and success. This collaborative approach, combined with a robust set of educational resources, helps ensure that investors are equipped with the knowledge and tools necessary to leverage EchoSense’s platform effectively.

    The company’s approach also focuses on transparency, ensuring that users can fully understand the models and methodologies behind the tools they use. With an emphasis on clear communication and accessible data, EchoSense enables users to make decisions with confidence, backed by actionable insights.

    Looking ahead, EchoSense is focused on expanding its reach globally, aiming to bring its data-driven solutions to new markets. The company’s dedication to innovation and customer satisfaction positions it as a leader in the financial technology sector, helping investors navigate an increasingly complex landscape with confidence. EchoSense plans to continue its expansion by entering new regions, forging strategic partnerships, and offering even more advanced tools that will allow investors worldwide to optimize their strategies.

    https://www.echosenseai.com/

    The MIL Network –

  • MIL-OSI: SOAX Releases Real-Time Data Extraction for Shopee, Outperforms Other Web Scrapers

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 10, 2025 (GLOBE NEWSWIRE) — SOAX, the leading intelligent data extraction and collection platform, today announced the availability of a new scraper API product to extract data from Shopee, the leading ecommerce platform in Southeast Asia and Taiwan. Initial tests show the new SOAX Shopee Scraper API outperforms other web data scrapers for a fraction of the cost.

    Shopee is one of the most popular ecommerce sites serving Southeast Asia, including Indonesia, Taiwan, Vietnam, Thailand, Philippines, Malaysia, and Singapore, as well as South American markets like Brazil, Mexico, Colombia, and Chile. Real-time access to detailed product, review and pricing data is essential to remain competitive. Web data scraping is the most effective way to monitor ecommerce competitors. It’s also the best way to monitor the minimum advertised price (MAP) to ensure others aren’t underselling your brand. Businesses also analyze scraped reviews to gain valuable insights on how to improve their products.

    The SOAX Shopee Scraper API has been shown to achieve higher success rates at a cost three to six times lower than other solutions. SOAX accesses the Shopee API, gathering all available data rather than just what’s on the web page. The result is a comprehensive view. SOAX uses proprietary, adaptive AI technology to unblock sites using constant fingerprint generation, self-healing proxies, and custom browser builds. And, thanks to SOAX’s vast network of 191 million proxy servers, the Shopee Scraper API is capable of scaling to millions of requests per day for virtually unlimited data gathering. Pricing starts as low as $1 per thousand requests, compared to $3 from the closest competitors.

    “Access to accurate Shopee data is essential for any e-tailer to stay competitive,” said Anton Rachitskiy, Vice President of Data Products for SOAX. “We are delighted to be able to add a Shopee to Amazon, eBay, Etsy, Walmart, and our other ecommerce scraper APIs. Our customers are already benefiting from SOAX’s superior speed and accuracy in web data gathering, along with our highly reliable proxy network boasting 99.9% uptime.”

    Shopee is the latest addition to SOAX’s more than 50 scraper APIs for ecommerce, search engines, and social networks. SOAX also offers sophisticated web unblockers capable of bypassing the most advanced anti-bot systems and residential, mobile, ISP, and datacenter proxies for every need.

    SOAX sells directly to corporate customers through a subscription-based model, providing access to its ethical proxy network, web unblocker, and scraper APIs. Customers can sign up via SOAX’s self-service platform, select a plan, and start immediately. Larger enterprises can opt for custom plans with white glove support. SOAX’s services are API-driven, allowing seamless integration into existing workflows, and its flexible pricing tiers accommodate varying usage needs, location coverage, and feature requirements.

    For more information about SOAX Shopee Scraper API, visit https://soax.com/targets/shopee.

    About SOAX
    SOAX is building the future of data extraction. They provide data-hungry companies with an automated, one-stop platform for accessing web data quickly and ethically. SOAX’s extensive network of nearly 200 million ethically-sourced proxies, combined with powerful scraping APIs, enables businesses to unlock valuable insights in a fraction of the time it takes with traditional methods.

    Recognized as a leader in the proxy market, SOAX prioritizes customer satisfaction through product performance, security, and legal compliance. They’ve earned industry recognition like “Newcomer of the Year” (Proxyway, 2021) and “Contender of the Year” (Proxyway, 2023) for their commitment to innovation and excellence. SOAX is leveraging AI to further enhance its platform and empower businesses with AI-powered data solutions.

    For more information, visit https://soax.com.

    Media Contact

    Len Fernandes
    Firecracker PR
    len@firecrackerpr.com
    1-888-317-4687 ext. 707

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea8828bd-cca5-4d2e-b338-3a73b50ec506

    The MIL Network –

  • MIL-OSI: Coface SA: Disclosure of total number of voting rights and number of shares in the capital as at 31 January 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 31 January 2025

    Paris, 10 February 2025 – 17.45

    Total Number of
    Shares Capital    		 Theoretical Number of Voting Rights1 Number of Real
    Voting Rights2
    150,179,792 150,179,792 149,405,017

    (1)   including own shares
    (2)   excluding own shares

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

    About Coface

    COFACE SA is a société anonyme (joint-stock corporation), with a Board of Directors (Conseil d’Administration) incorporated under the laws of France, and is governed by the provisions of the French Commercial Code. The Company is registered with the Nanterre Trade and Companies Register (Registre du Commerce et des Sociétés) under the number 432 413 599. The Company’s registered office is at 1 Place Costes et Bellonte, 92270 Bois Colombes, France.

    At the date of 31 December 2024, the Company’s share capital amounts to €300,359,584, divided into 150,179,792 shares, all of the same class, and all of which are fully paid up and subscribed.

    All regulated information is available on the company’s website (http://www.coface.com/Investors).

    Coface SA. is listed on Euronext Paris – Compartment A
    ISIN: FR0010667147 / Ticker: COFA

    Attachment

    The MIL Network –

  • MIL-OSI: Alaris Equity Partners Announces Timing of 2024 Q4 Financial Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

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

    CALGARY, Alberta, Feb. 10, 2025 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it will release its year-end results for the period ended December 31, 2024 following the closing of regular trading on the Toronto Stock Exchange Monday, March 10, 2025. Alaris management will host a conference call at 9 am MT (11am ET) the following day, Tuesday, March 11, 2025 to discuss the financial results and outlook for the Trust.

    Participants must register for the call using this link: Pre-registration to Q4 to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call). Participants can access the webcast here: Q4 webcast. A replay of the webcast will be available two hours after the call and archived on the same web page for six months. Participants can also find the link on our website, stored under the “Investors” section – “Presentations and Events”, at www.alarisequitypartners.com.

    About Alaris

    The Trust, through its subsidiaries, invests in a diversified group of private businesses (“Private Company Partners“) primarily through structure equity. The principal objective of the structured equity investments is to generate stable and predictable returns for its unitholders through cash distributions and capital appreciation and is complimented with common equity positions which generate returns alongside the founders of our Private Company Partners.

    For further information please contact:

    Investor Relations
    P: (403) 260-1457
    ir@alarisequity.com

    Alaris Equity Partners Income Trust
    Suite 250, 333 24th Avenue S.W.
    Calgary, Alberta T2S 3E6
    www.alarisequitypartners.com

    The MIL Network –

  • MIL-OSI: Global B2B Spare Parts Marketplace to Elevate Customer Experience in the Commercial Vehicle Sector

    Source: GlobeNewswire (MIL-OSI)

    • Powered by Spryker, the marketplace will make it faster, easier, and more convenient to buy spare parts online
    • Dealers can focus more on servicing rather than selling and acquiring the right spare parts, leading to decreased costly downtime for trucks

    BERLIN and NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Spryker, the leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces and IoT Commerce, and Daimler Truck today announced a global partnership to shape the future of the commercial vehicle industry. The world’s largest commercial vehicle manufacturer is taking its B2B spare parts webshop experience to the next level for their customers in Europe by optimizing the spare parts purchasing journey to be faster, easier, and more convenient.

    Fleet vehicles deal with unexpected downtime that can be very costly for businesses. This is often because of unexpected repairs or scheduled maintenance. When this occurs, getting the right spare parts quickly and easily in order to get the vehicle back on the road is paramount. Very often in the industry, the parts ordering process is complicated and sometimes takes place offline, leaving customers dependent on store opening times and challenging schedules. With an easy to use online webshop, B2B customers can focus on servicing their trucks and getting them back on the road rather than finding the right spare part.

    The majority of the sophisticated requirements for the project, implemented by Valantic, will be met with Spryker’s out of the box enterprise marketplace and B2B Commerce functionality. The commercial vehicle manufacturer’s existing system infrastructure will be seamlessly managed due to Spryker’s flexible architecture. Spryker’s composability allows for maximum speed, flexibility, and scalability as well as a minimal marketable product approach to test, learn, and adjust on the go.

    “We are proud to power the new global B2B spare parts marketplace which marks a transformative shift in the commercial vehicle sector by pushing offline transactions to online,” said Boris Lokschin, Co-Founder and CEO at Spryker. “For the commercial vehicle industry, time on the road is money. A flexible commerce solution that can adapt to supply chain or other unforeseen challenges is critical for ensuring that parts can be purchased quickly and reliably when needed.”

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46d232be-3c1d-48ff-99d2-00b93477e9c1

    The MIL Network –

  • MIL-OSI: Great Southern Bancorp, Inc. to Hold 36th Annual Meeting of Stockholders

    Source: GlobeNewswire (MIL-OSI)

    SPRINGFIELD, Mo., Feb. 10, 2025 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, will hold its 36th Annual Meeting of Stockholders at:

    10 a.m. CDT
    Wednesday, May 7, 2025
    Virtual Meeting (Webcast)

    This year’s Annual Meeting of Stockholders will be a virtual meeting over the internet. Stockholders will be able to attend the Annual Meeting via a live webcast. Additional information about the Annual Meeting, including how stockholders can access the live webcast, will be provided in the Company’s Notice of Annual Meeting and Proxy Statement.  

    Holders of Great Southern Bancorp, Inc. common stock at the close of business on the record date, March 4, 2025, can vote during the live webcast of the Annual Meeting or by proxy.

    Material to be presented at the Annual Meeting will be available on the Company’s website, www.GreatSouthernBank.com, prior to the start of the meeting.

    About Great Southern Bancorp

    With total assets of $6.0 billion, Great Southern offers a broad range of banking services to commercial and consumer customers. Headquartered in Springfield, Missouri, Great Southern operates 89 retail banking centers in Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska and commercial lending offices in Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix. The common stock of Great Southern Bancorp, Inc. is listed on the Nasdaq Global Select Market under the symbol “GSBC.”

    CONTACT:
    Zack Mukewa
    Investor Relations
    (616) 233-0500
    GSBC@lambert.com

    The MIL Network –

  • MIL-OSI: Analog’s Timechain Revolution: Pioneering Proof-of-Time with $ANLOG Major Exchange Listings

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 10, 2025 (GLOBE NEWSWIRE) — Analog is set to become the gateway to blockchain’s future, powered by Timechain — a decentralised, boundary-breaking Layer-0 network. With the simultaneous listing of its native token, $ANLOG, on KuCoin, Bitget, MEXC and Gate.io, Analog takes a bold step forward in reshaping blockchain connectivity and expanding $ANLOG’s reach across the ecosystem.

    The $ANLOG token will be listed for trading on February 10th at 11 AM UTC with an ANLOG/USDT trading pair. Deposits and withdrawals will also go live at this time. Public sale and Airdrop participants can trade their $ANLOG tokens or use them within Analog’s growing ecosystem, while all users can acquire the token on the open market.

    Analog is led by a team of blockchain and DeFi experts with over 150 years of combined experience. The project has attracted major partners and investors including key players such as Tribe Capital, Near Foundation, Black Label Ventures, Wintermute, GSR, and DeSpread. These collaborations attest to the industry’s confidence in Analog’s potential to address the long-standing challenges of blockchain connectivity.

    As a multi-purpose utility token, $ANLOG supports transaction validation, staking, and governance participation. The token is used to secure the Timechain, a layer-0 blockchain that enables seamless cross-chain data and transaction flow, addressing one of the most critical bottlenecks in blockchain technology today. Analog’s suite of products, including the Watch SDK and GMP protocol, further distinguishes it from competitors, offering accessible solutions for developers to build interoperable decentralized applications without limitations.

    Analog’s ecosystem is expanding rapidly, with 50+ projects across DeFi, AI, NFTs, and gaming building on its technology. At the core of this growth are ecosystem dApps like Zenswap and Pixelport, which are deeply integrated into Analog’s infrastructure. Zenswap is revolutionising cross-chain swaps, enabling seamless asset transfers across multiple networks, while Pixelport is redefining NFT trading and digital ownership in a truly omnichain environment. Beyond these flagship dApps, a diverse range of projects — including Frax Finance, XYO, StationX, and Parami Protocol — are leveraging Analog’s Watch, GMP protocols, and automation tools to enhance cross-chain interactions, decentralised AI, and real-time data sharing.

    Analog continues to solidify its leadership in blockchain through the innovative proprietary Proof-of-Time (PoT) consensus mechanism. This cutting-edge protocol — validated by two officially approved patents. These patents highlight Analog’s commitment to pioneering solutions that overcome the limitations of fragmented blockchain ecosystems. Proof-of-Time is designed to enhance security and scalability by leveraging verifiable delay functions (VDFs), ensuring accurate data flow and secure operations across diverse chains. Although still under development, this mechanism exemplifies Analog’s forward-thinking ethos, positioning it as a transformative force in Web3’s future.

    Interest in Analog has been solidified by significant engagement on its testnet, which has attracted over 380,000 participants globally which have been verified through their innovative Proof-Of-Humanity system. The growing support, both on-chain and in the demand for its recent public token sale, reflects the industry’s enthusiasm for Analog’s approach to solving blockchain’s primary fragmentation challenges. The project is now positioned as a leading force in the $2 billion blockchain interoperability market which is poised for exponential growth as Web3 adoption soars.

    Analog’s innovations have broad appeal. From retail investors and blockchain developers to validators, DeFi enthusiasts, and those exploring decentralized science (DeSci), the potential impact is immense. Analog’s innovative solutions also hold significant promise for AI projects, enabling seamless cross-chain communication for data sharing and computation. Even communities centered around memecoins can benefit from a unified blockchain ecosystem, unlocking new possibilities for token utility and connectivity. With such a wide range of use cases, Analog is a compelling proposition for anyone interested in the future of interconnected blockchains.

    Analog’s focus on cross-chain interactions is critical as the space becomes increasingly fragmented. By enabling communication and transaction flow between different networks, Analog lays the groundwork for new levels of scalability, efficiency, decentralization, and connectivity across the broader Web3 and DeFi.

    The debut of $ANLOG on leading exchanges will enhance liquidity levels while making it easier for any user to access the token which will power Analog’s ecosystem and suite of products.

    About Analog

    Analog is the ultimate gateway for seamless blockchain connectivity, empowering developers to create dApps that work effortlessly across every network. Built as a natively chain-agnostic protocol, Analog redefines the multi-chain experience, enabling dApps and users to break boundaries and unlock new possibilities across blockchain ecosystems.

    Learn more: https://www.analog.one/

    Media Contact

    Name: Jaime Ekner
    Email: jaime@analog.one

    Disclaimer: This content is provided by Analog. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/504de97e-ceee-4511-a31d-fef40b6eea78

    The MIL Network –

  • MIL-OSI: Precision Inspection Partners with Cotton Creek Capital

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Feb. 10, 2025 (GLOBE NEWSWIRE) — Cotton Creek Capital (“Cotton Creek”) is pleased to announce a strategic partnership with Precision Inspection Services, LLC (“Precision”), a premier provider of non-destructive examination, inspection, and testing services for the chemical and petrochemical industries.

    Headquartered in Geismar, Louisiana with additional offices in Sulphur, Louisiana and Beaumont, Texas, Precision provides mission-critical weld testing and inspection services to chemical production facilities across the U.S. Gulf Coast, specializing in radiographic, ultrasonic, eddy current and other technical examinations. Precision’s customers include some of the world’s largest and most complex chemical production plants, which rely on Precision to ascertain the mechanical integrity of their assets, ensure process safety, minimize downtime, and adhere to stringent industry standards. Precision supports plant turnarounds, new construction projects, and ongoing plant maintenance, including technicians nested on-site at customer locations.

    Following the acquisition, Precision will continue to be led by its founders, CEO A.J. Smith and President Chris Petitto, who remain significant shareholders.

    “Precision is dedicated to forming lasting relationships with our clients, built on trust and transparency and with a commitment to safety, quality, and excellence,” said A.J. Smith and Chris Petitto, co-founders of Precision. “We are excited to partner with Cotton Creek and to continue building on our history of success. Cotton Creek’s experience in industrial services, shared values, and operational approach represented an ideal fit for Precision as the Company enters its next phase of growth.”

    Lee Rash, Partner at Cotton Creek, added “Chris and A.J. have built a remarkable business fulfilling a critical function within the chemical production value chain. We are excited to be a part of the Precision story, and look forward to jointly executing on the numerous geographic and capability expansion opportunities in front of Precision.”

    Cotton Creek’s investment in Precision is made through Cotton Creek Capital Partners IV, L.P., furthering its investment strategy of partnering with leading founder-owned, lower middle market businesses.

    About Precision

    Precision Inspection Services, LLC provides a comprehensive range of non-destructive examination and post-weld heat treat services to plants and facilities throughout the U.S. Gulf Coast. The Company utilizes its highly specialized fleet of inspection and treatment equipment, and industry- leading team of technicians to support customers through new facility construction, planned turnarounds, and unscheduled maintenance. The Company also provides welder training and testing services for customers at its Geismar, Louisiana headquarters. For more information, visit Precision’s website at www.precisionwtt.com.

    Media Contact:
    Tawny Goddard
    P: (512) 412-3306
    tgoddard@cottoncreekcapital.com

    The MIL Network –

  • MIL-OSI: Ataccama Appoints Scott Lewis as Chief Customer Officer and Matthew Lane as Chief Revenue Officer to Drive Data Trust and Accelerate Global Expansion

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 10, 2025 (GLOBE NEWSWIRE) — Ataccama, the data trust company, today announced the appointments of Scott Lewis as Chief Customer Officer (CCO) and Matthew Lane as Chief Revenue Officer (CRO). The leadership team expansion reinforces Ataccama’s commitment to data trust, customer success, and strategic growth as the company continues to empower enterprises to navigate complex data challenges and unlock the value of their data.

    Scott Lewis, a proven leader with more than 20 years of global experience in sales, pre-sales, and post-sales functions, assumes the new role of CCO. Previously SVP Customers at Ataccama, Scott brings a relentless focus on customer-centricity, with a mission to strengthen long-term partnerships, deliver faster time-to-value, and foster a data-driven culture among customers. His expertise in scaling global teams and developing innovative go-to-market strategies will help Ataccama customers unlock the full potential of their data.

    “As I step into this new role, I’m ambitious to continue evolving the overall experience of our customers and the value we deliver to them. This includes augmenting our offerings with skills that will enable us to better partner with our customers and help solve more of the challenges they face every day,” said Scott Lewis, CCO of Ataccama. “This starts with our team, and I’m excited to work closely with them to ensure that every decision they make prioritizes activities and best practices that drive the best outcomes for our customers. I encourage my teams to adopt a customer-centric mindset that focuses on understanding as much about the customer and what they are trying to achieve as possible. Fostering this deep understanding will set our customers up for success.”

    Having successfully served as SVP Global Sales for the past 18 months at Ataccama, Matthew Lane brings extensive expertise in scaling revenue operations and leading high-performing teams to his new role as CRO. Matthew will focus on expanding Ataccama’s partner ecosystem, driving growth in emerging industries, and aligning revenue strategies with the rising demand for trusted data management solutions. His leadership will further solidify Ataccama’s position as a trusted partner for organizations navigating the complexities of modern data governance.

    “We have already started building a culture and GTM foundation that I am incredibly proud of and, in this new position, I’m grateful to have been given the opportunity to build on Ataccama’s solid foundations to ensure we are driving world class engagement with our partners and customers,” said Matthew Lane, CRO of Ataccama. “As we continue along our exciting growth trajectory, it’s imperative that we stay customer-obsessed and deepen our reputation as a trustworthy vendor and a true partner. To achieve this, it’s important that our ‘Ataccamas’ feel seen, heard, valued and empowered every single day as I believe that our commitment to them bleeds into everything we touch – especially our customers.”

    These appointments reflect Ataccama’s dedication to delivering innovative solutions that empower enterprises to confidently address complex data challenges. With a continued focus on data trust and a growing global customer base, Ataccama is well-positioned to scale its impact and deliver tailored solutions across diverse industries.

    As part of its broader strategy, Ataccama is advancing its partner ecosystem and customer-focused offerings to drive value across industries. By providing vertical-specific expertise and sharing best practices developed through decades of experience, Ataccama enables customers to accelerate their journey toward trusted, business-ready data.

    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: Ormat Commences Commercial Operation of 35 MW Ijen Geothermal Facility in Indonesia, Delivering Low Carbon Geothermal Power

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations (COD) for the 35MW Ijen geothermal power plant. The power plant is jointly owned with PT Medco Power Indonesia (“Medco Power”), through their subsidiary company, PT Medco Cahaya Geothermal (“MCG”). Ormat’s share of the facility is 17MW. This is the first geothermal power plant in East Java, Indonesia, contributing to Indonesia’s plan for an additional 7.2 GW of geothermal capacity by 2035.

    The Ijen Geothermal Power Plant, equipped with Ormat Energy Converter (“OEC”), began operations with its first phase, delivering 35 MW of electricity power to the Java grid. The commencement of this first phase marks a significant step of the Ijen Facility, which has a total planned capacity of 110 MW under a 30-year power purchase agreement.

    MCG, a jointly owned company between Medco Power (51% equity share) and Ormat Technologies (49% equity share), will operate the Ijen geothermal facility.

    Doron Blachar, Chief Executive Officer of Ormat Technologies, stated, “We are pleased to announce the commencement operations of the Ijen geothermal facility. The launch of the Ijen facility is a key step in our strategy to consistently and accretively grow our leading global geothermal energy portfolio and expand our presence in Indonesia. Indonesia has one of the largest geothermal potentials globally and with the geothermal targets set by the Indonesian government, we plan to expand our operations in the country. Achieving COD at Ijen demonstrates our strong development capabilities and our commitment towards advancing our short and long-term growth targets in our Electricity segment. We look forward to supporting Indonesia’s goal of increasing geothermal deployment and aiding in their efforts to achieve net zero emissions.”

    ABOUT ORMAT TECHNOLOGIES

    With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,537MW with a 1,247MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 23, 2024, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com    		 Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

  • MIL-OSI: Animoca Brands leads Hivello funding round ahead of Token Listing

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that:

    • Animoca Brands is leading the investment round of Blockmate’s subsidiary, Hivello Holdings Ltd (“Hivello”), and
    • Hivello’s associated token, HVLO, is scheduled for listing on leading exchanges, Gate.io and MEXC on February 11, 2025

    Animoca Brands leads the funding round alongside Taisu Ventures, NGC, Blockchange and Contango.

    Blockmate will not be directly issuing any tokens or receive any proceeds from the token listing. The token will be issued by the Swiss-based HVLO Association, under licence from Hivello Holdings Ltd.

    Below is the press release from Hivello:

    Hivello Secures Strategic Investment Led by Animoca Brands Ahead of Token Listing

    Highlights:

    • Animoca Brands leads investment into Hivello alongside Taisu Ventures, NGC, Blockchange and Contango.
    • Hivello will list its token (HVLO) on Gate.io and MEXC exchanges.
    • Animoca & Hivello are hosting a live X Space on 11th February

    London & Amsterdam, 10 February 2025 – Hivello, a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks, has announced that Animoca Brands, the company driving digital property rights to help build the open metaverse, is leading its current funding round.

    Hivello will use the funds to further innovate and achieve its objectives of simplifying DePIN nodes and making them more user-friendly. Hivello is a DePIN aggregator focused on making DePINs more accessible. By allowing users to contribute their computing resources, Hivello enables them to earn through various Web3 protocols. Its mission is to eliminate the complexities often associated with decentralized networks, empowering users to engage in Web3 projects without needing specialized technical knowledge.

    In addition, Hivello’s Token Generation Event (TGE) is taking place on Gate.io and MEXC, marking a significant milestone in the company’s growth and ecosystem development. The $HVLO token will play a crucial role in powering Hivello’s decentralized economy, facilitating staking, rewards, and broader participation in DePIN networks.

    As part of this journey, Hivello and Animoca Brands will be hosting a live discussion to dive deeper into the company’s growth, investment landscape, and future roadmap.

    Event details:

    • Date & Time: February 11 at 5 PM HKT | 9 AM UTC | 4 AM EST | 10 AM CET
    • Streaming on X

    Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 540 investments in Web3. Its mission is to advance digital property rights and decentralized projects to help build the open metaverse. The investment announced today connects Hivello with Animoca Brands’ extensive experience and innovation, furthering Hivello’s mission to simplify access to DePIN and enable users to earn rewards by contributing their computer resources.

    Hivello is dedicated to making DePIN nodes accessible and user-friendly for everyone, breaking down complex barriers often associated with decentralized networks. Animoca Brands’ mission to deliver digital property rights to gamers and internet users worldwide aligns with Hivello’s goal of empowering users by enabling them to contribute to DePIN networks. Both companies focus on providing users with true ownership and control over their digital assets.

    Yat Siu, the co-founder and executive chairman of Animoca Brands, said: “Animoca Brands is dedicated to building a more equitable digital framework that enables all users to benefit from the many advantages conferred by digital property rights. We are thrilled to support Hivello’s efforts to make DePIN nodes more accessible and user-friendly, helping to advance and simplify true digital ownership, network effects, and the open metaverse.’’

    Domenic Carosa, co-founder and chairman of Hivello, said: “We welcome Animoca Brands as a strategic partner and lead investor in our latest funding round. Its expertise and innovation in the digital and blockchain space will be instrumental as we continue to simplify access to decentralized physical infrastructure networks.”

    About Animoca Brands
    Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain and gamification. It develops and publishes a broad portfolio of products, including the REVV token and SAND token; original games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products using popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP and Formula E. The company has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, Lympo, and Grease Monkey Games.

    About Hivello
    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to generate an extra source of income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources with no technical knowledge required. It’s as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.
    For more information about Hivello and to stay updated on its developments, visit www.hivello.com

    About Blockmate Ventures Inc.

    Blockmate Ventures is a venture creator focussing on building fast-growing technology businesses relating to cutting-edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.

    The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network –

  • MIL-OSI: ITS Logistics Unveils DropFleet to Serve Complex Drop Trailer and Trailer Pool Solutions

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) — ITS Logistics, one of the fastest-growing logistics companies in the United States, has unveiled DropFleet, a premium trailer pool and drop trailer solution. DropFleet delivers cost-effective dedicated capacity and flexible, on-demand transportation anywhere by combining power-only services with ITS trailers. 

    Tailor-made for businesses with complex and time-sensitive supply chains, DropFleet provides value for those in the ecommerce, automotive, retail, manufacturing, and technology sectors. As a leader in freight brokerage—ranked #19 nationally—ITS Logistics leverages its flexible and scalable hybrid capacity model to address some of the most pressing challenges in the logistics industry, including dramatic fluctuations in demand, peak season surges, asset visibility, and carrier management.

    “Over 40% of our volume includes dense, complex drop trailer projects,” said Josh Allen, CCO of ITS Logistics. “We designed DropFleet as a dynamic, asset-smart solution that provides our customers with a reliable and universal service capable of meeting their unique supply chain needs.”

    ITS has implemented the offering for some of its most demanding clients, including a top ten automotive manufacturer that employs a fleet of 200 specially-modified ITS trailers across 70 daily lanes. By leveraging an asset-lite approach to keep trailers on site, the company has resolved live loading challenges, streamlined operations, and achieved a 98% on-time delivery rate.

    “Our reach extends beyond our owned equipment to that of our carrier partners, giving us massive flexibility and scale into every major U.S. market,” continued Allen.

    With DropFleet, shippers can take advantage of several key benefits, including:

    • Dedicated Capacity: Secure, reliable transportation assets when and where they are needed most
    • Enhanced Visibility: Real-time tracking capabilities ensure precise asset management and shipment tracking
    • Scalability and Flexibility: Adjust trailer usage seamlessly to accommodate peak seasons and inventory surges
    • Fraud Protection: Robust fraud prevention measures and comprehensive carrier vetting that surpasses industry standards

    “We’ve seen increasing demand from customers for these flexible solutions that provide them more control over their supply chain operations,” Allen continued. “DropFleet is a direct response to that demand. We’re excited to continue improving and scaling this offering with AI-driven technology, a highly vetted carrier network, a rapidly expanding footprint, and an experienced team to set a new standard for drop trailer and trailer pool services.”

    For more information about DropFleet and ITS Logistics’ comprehensive service offerings, visit https://www.its4logistics.com/services.

    About ITS Logistics

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

    Media Contact
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    The MIL Network –

  • MIL-OSI: Thomas Kimsey, President and CEO of Thomas Financial Group Appointed as Associate Administrator for Capital Access, Small Business Administration

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., Feb. 10, 2025 (GLOBE NEWSWIRE) — Community Bankshares, Inc. congratulates Thomas Kimsey, President and CEO of Thomas Financial Group, on his appointment by President Trump to the Small Business Administration (SBA) as Associate Administrator for the Office of Capital Access. Thomas Financial Group is a subsidiary of Community Bankshares, Inc.

    During this distinguished assignment, Mr. Kimsey will take a leave of absence from his role as President and CEO of Thomas Financial Group to dedicate himself to this prestigious and impactful appointment. An interim president will be named shortly to ensure continuity and the ongoing success of the company during his absence.

    “We are immensely proud of Thomas Kimsey’s commitment to serving his country in this critical role,” said Jeremy Gilpin, Chairman of the Board of Community Bankshares, Inc. “His extensive experience and passion for supporting small businesses make him uniquely qualified to improve the SBA’s ability to drive economic growth and create opportunities for entrepreneurs nationwide.”

    “Thomas Kimsey has been a visionary leader at Thomas Financial Group, and while we will miss his daily leadership, we are honored to see him take on this national responsibility,” said Chris Hurn, President of Community Bankshares, Inc. “His commitment to improving the landscape for small businesses will leave a lasting impact on the SBA and the entrepreneurs it serves.”

    Mr. Kimsey’s appointment reflects his unwavering dedication to strengthening the small business sector and empowering underserved communities. As Associate Administrator for Capital Access, he will work to enhance SBA programs and policies that support small businesses, ensuring they have the resources and access to capital needed to succeed in today’s competitive economy. The entire team at Community Bankshares, Inc. wishes him well in this important endeavor.

    About Thomas Financial Group

    Thomas Financial Group, based in Atlanta, Georgia, is now a subsidiary of Community Bankshares, Inc. and a nationally recognized leader in commercial lending solutions. Specializing in USDA and SBA programs, the company has a proven track record of empowering businesses, strengthening rural and underserved communities, and advancing government-guaranteed lending.

    About Community Bankshares, Inc.

    Headquartered in LaGrange, Georgia, Community Bankshares, Inc. is the parent company of Community Bank & Trust and a network of financial service subsidiaries. Phoenix Lender Services (PHX) is a subsidiary of Community Bankshares, Inc. whose mission is redefining the way lending capital is provided across America, in a manner that promotes business stability and encourages community prosperity. The company serves a diverse clientele across the nation, fostering growth, opportunity, and collaboration.

    Media Contact:

    Hannah Williams
    Uproar by Moburst for Community Bankshares, Inc.
    hannah.williams@moburst.com

    The MIL Network –

  • MIL-OSI: Parker Announces Retirement of EMEA President Joachim Guhe, Appoints Thomas Ottawa as Successor

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that Joachim Guhe, President – Europe, Middle East and Africa (EMEA) Group, will retire after 32 years of dedicated service. Mr. Guhe will step down from his current role on June 30, 2025, but continue with the company until August 31, 2025, to ensure a successful leadership transition.

    The company has appointed Thomas Ottawa, currently Vice President of Operations – Motion Systems Group Europe, to succeed Mr. Guhe as President – Europe, Middle East and Africa (EMEA) Group, effective July 1, 2025.

    “In the more than three decades he spent with us, Joachim progressed from an entry level role to head of the critically important EMEA region, and then led EMEA through improvements that drove operational excellence and led to significant growth and margin expansion,” said Andy Ross, President and Chief Operating Officer. “In addition to his many contributions over the years, we thank Joachim for a career that exemplifies Parker leadership and wish him the very best in retirement.” 

    Mr. Guhe joined Parker in 1993 as a Product Cost Accountant in Bielefeld, Germany. He progressed through increasingly senior roles across Parker’s Fluid Connectors, Engineered Materials and Filtration Groups, including as division General Manager and Vice President of Operations. In his current role as EMEA President, he has been responsible for leading Parker’s sales companies and commercial operations in the region, as well as its HR, Finance, IT, Marketing and Supply Chain functions. 

    Commenting on Mr. Ottawa’s new role as President for the EMEA Region, Mr. Ross said, “Thomas will take on this important leadership role with nearly 30 years of Parker experience, a deep knowledge of our global operations and a proven record of success.” He added, “We are highly confident the EMEA region will continue to thrive under his guidance and are fortunate to have such a strong leader to drive our performance to even greater levels.”

    Mr. Ottawa joined Parker in 1995 as a Graduate Trainee with the Fluid Connectors Group Europe, where he held positions of increasing responsibility, including as division General Manager. He became General Manager of the Prädifa Technology Division in 2015. Mr. Ottawa was promoted to his current role as Vice President of Operations – Motion Systems Group EMEA in 2019 and has been instrumental in improving the group’s financial performance and driving profitable growth in the region. In his new role as EMEA President, he will oversee nearly 14,000 team members across 22 countries. He holds a Master’s degree in Mechanical Engineering from the University of Bochum in Germany.

    About Parker Hannifin
    Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

    ###

    The MIL Network –

  • MIL-OSI: Imperial Petroleum Inc. Announces the Date for the Release of Fourth Quarter and Twelve Months 2024 Financial and Operating Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, Feb. 10, 2025 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its fourth quarter and twelve months financial results for the period ended December 31, 2024 before the market opens in New York on February 13, 2025.

    On February 13, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Conference Call details:

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

    Online Registration:

    https://register.vevent.com/register/BI127dcd86b3bd4efc8d71152e3b8a8800

    Slides and audio webcast:

    There will also be a live and then archived webcast of the conference call, through the IMPERIAL PETROLEUM INC. website (www.imperialpetro.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    ABOUT IMPERIAL PETROLEUM INC.

    IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of twelve vessels on the water – seven M.R. product tankers, two suezmax tankers and three handysize drybulk carriers – with a total capacity of 751,000 deadweight tons (dwt), and has contracted to acquire an additional seven drybulk carriers of 443,000 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 19 vessels. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

    Company Contact:
    Fenia Sakellaris
    IMPERIAL PETROLEUM INC.
    info@imperialpetro.com

    The MIL Network –

  • MIL-OSI: MINILUXE ANNOUNCES STRONG PERFORMANCE TRENDS AND COMPLETION OF USD $6.98M (CDN $10M) IN CAPITAL-ENHANCING TRANSACTIONS THAT INCLUDE AN OVERSUBSCRIBED PRIVATE PLACEMENT AND DEBT CONVERSION

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR 

    FOR DISSEMINATION IN THE UNITED STATES

    Alongside its strong performance momentum, MiniLuxe successfully completes an oversubscribed private placement initially offered for up to $5M while contemporaneously satisfying the principal of USD $945,000 of convertible debt obligations.

    Boston, MA, Feb. 10, 2025 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) today announces that it has completed a successful and final closing of an oversubscribed non-brokered private placement of Class A subordinate voting shares of the Company (the “Subordinate Voting Shares”). The Company first announced its intention for a non-brokered private placement on November 27, 2024, at a price of USD$0.55 per share for total proceeds up to $5.0M USD (the “Offering”). Since its announcement of the Offering, the Company has had strong investor demand reinforcing confidence in MiniLuxe’s continued performance and growth strategy.

    Per the Company’s press release of January 2nd, 2025, MiniLuxe did a first closing for approximately one-third of the anticipated maximum of the Offering. In this second and final closing, the Company is pleased to announce that it has raised incremental gross proceeds of USD $3,436,250 (resulting in the issuance of 6,247,717 Subordinate Voting Shares at a price of USD $0.55 or CDN $0.79 per Share). Together, the first and second and final closing of the Offering raised total new primary capital for the Company in the amount of USD $5.067M or (~CDN $7.26M). Additionally, the Company finalized the conversion of USD$945,000 million or ~CDN $1.35M in principal value of prior convertible notes through shares for debt agreements, with further details provided below.

    “We are humbled by the recent oversubscribed investor interest level and quantum raised, but even more excited by the quality of this capital. This financing brings new participants who share aligned principles to our vision and who offer value-add strategic perspectives. The investment interest is also a reflection of the work and progress made by the team over the past year and investors’ conviction behind our future growth plans,” said Tony Tjan, CEO of MiniLuxe.

    As previously shared, the company is focused on three key performance objectives:

    1.  Accelerating overall studio contribution growth
    2. Increasing fixed cost leverage and SG&A efficiency
    3. Focusing growth through operating and franchise partners and a focused set of innovative products

    Overall same studio cash contribution grew materially in 2024, in concert with increased profitability trends of studios across all regions. The most critical factor for the success of our base business is the success the company has in recruiting, developing and retaining nail designer and other beauty service professional talent. The Company’s current retention rate of its talent base stands at its all-time record high at 87 percent. The Company remains focused on ways to reconfigure and create greater SG+A efficiency with year-over-year reduction trends north of 25% on corporate level SG+A. As a percent of revenue on a TTM (trailing twelve month) basis corporate SG+A as a percent of revenue has improved ~2x going from ~32% to ~16% demonstrating continued fixed cost leverage. From the standpoint of key internal cash management metrics, annualized and average monthly operating cash burn have been very materially reduced. While not an IFRS measurement, on a company-wide basis and on a preliminary unaudited basis, it is expected that YoY adjusted EBITDA improvement in 2024 to be over 50 percent. The Company’s focus on instilling an entrepreneurial culture and creating aligned performance incentives with its studio leaders and through operating partners (JVs or franchise partners) with shared ownership of studios have meaningfully contributed to these results. 

    The net proceeds from the Offering will be used to build momentum on these performance trends while investing behind a focused set of strategic growth investments including the expansion of new studios– especially through an expanded set of world-class operators who hold connection and conviction with the MiniLuxe brand and who seek to own or jointly own and operate a MiniLuxe studio. The Company also intends to be filing for an NCIB (New Course Issuer Bid) to have the option to buy back shares at times when it believes that the market price does not reflect the company’s intrinsic and future value.

    Alongside the Offering, the Company has also finalized additional shares-for-debt agreements to satisfy an aggregate of USD$1,055,577 (~CDN$1.51 million) of outstanding debt related to the principal and accrued but unpaid interest on certain convertible debentures of the Company (the “Debentures”). This is in addition to USD$1,085,944 (~CDN$1.56 million) of Debentures converted in the first tranche. As part of this debt conversion, an aggregate of 2,294,731 Subordinate Voting Shares will be issued at a deemed price of USD$0.46 per share, with an effective conversion date of February 7, 2025. The Company offered existing Debenture holders participating in the Offering the opportunity to elect to receive Subordinate Voting Shares at a discounted conversion price relative to the original terms of the Debentures. All Debenture holders electing to convert are deemed to be at arm’s length from the Company. The issuance of these shares remains subject to TSX Venture Exchange approval. Similarly, completion of all tranches of the private placement Offering is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange. The securities issued pursuant to the initial closing of the Offering are subject to a hold period of four months and one day from the issuance date in accordance with applicable securities laws.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

    About MiniLuxe

    MiniLuxe, a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. Through its company-owned and partner-operated studios, Company delivers high-quality nail care and esthetic services that incorporate the brand’s proprietary products. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, modern design, ethical labor practices, and better-for-you, cleaner products. MiniLuxe’s vision is to radically transform the highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that together enable better talent and client experiences.

    Towards building long-term durable value for its stakeholders, MiniLuxe is expanding its reach through franchising and operating JV partners seeking ownership and impact with a brand recognized as the best nail salon franchise. Through self-care and self-expression, MiniLuxe is empowering one of the largest hourly work forces through professional development, economic mobility, and equity ownership. Since its founding, MiniLuxe has performed over 4.5 million services.

    For further information

    Christine Mastrangelo
    Investor Relations, MiniLuxe Holding Corp.
    cmastrangelo@MiniLuxe.com
    MiniLuxe.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-looking statements

    This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) concerning the Company and its subsidiaries within the meaning of applicable securities laws. Forward-looking information may relate to the future financial outlook and anticipated events or results of the Company and may include information regarding the Company’s financial position, business strategy, growth strategies, acquisition prospects and plans, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding the Company’s expectations of future results, performance, achievements, prospects or opportunities or the markets in which the Company operates is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects”, “budgets”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projects”, “prospects”, “strategy”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will” occur. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. 

    Many factors could cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking information, including, without limitation, those listed in the “Risk Factors” section of the Company’s filing statement dated November 9, 2021. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance, or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this press release. 

    Forward-looking information, by its nature, is based on the Company’s opinions, estimates and assumptions in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate and reasonable in the circumstances. Those factors should not be construed as exhaustive. Despite a careful process to prepare and review forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the Company bases its forward-looking information on assumptions that it believes were reasonable when made, which include, but are not limited to, assumptions with respect to the Company’s future growth potential, results of operations, future prospects and opportunities, execution of the Company’s business strategy, there being no material variations in the current tax and regulatory environments, future levels of indebtedness and current economic conditions remaining unchanged, the Company cautions readers that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and the development of the industry in which the Company operates may differ materially from the forward-looking statements contained in this press release. In addition, even if the Company’s results of operations, financial condition and liquidity, and the development of the industry in which it operates are consistent with the forward-looking information contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. 

    Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as of the date made (or as of the date they are otherwise stated to be made). Any forward-looking statement that is made in this press release speaks only as of the date of such statement.

    The MIL Network –

  • MIL-OSI: Viridien: Information on the total number of voting rights and shares

    Source: GlobeNewswire (MIL-OSI)

    Viridien

    A French société anonyme
    with a share capital of € 7,161,465
    Registered office: 27 avenue Carnot, 91300 Massy, France
    Evry Trade and Companies Register 969 202 241

    Information on the total number of voting rights and shares

    Pursuant to Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial markets authority
    (AMF- Autorité des Marchés Financiers)

    Date of the information Total number of issued shares Number of actual voting rights* Number of theoretical voting rights**
    January 31, 2025 7,161,465 7,186,734 7,186,983

    *         All of the Company shares have the same voting rights, except for treasury shares which do not have voting rights and registered shares held for more than two years, which have double voting rights.

    **         Pursuant to Article 223-11 of the General Regulation of the French Financial markets authority, the number of theoretical voting rights is calculated based on the shares having either single or double voting rights, including treasury shares which are deprived of voting rights.

    Attachment

    The MIL Network –

  • MIL-OSI: BRKZ closes $17M Series A to transform construction procurement as Saudi Arabia’s $3T project pipeline accelerates

    Source: GlobeNewswire (MIL-OSI)

    Riyadh, Feb. 10, 2025 (GLOBE NEWSWIRE) — While the MENA region drives forward with $3 trillion in infrastructure and building projects, construction companies face a critical challenge: fragmented supply chains and inefficient procurement processes that delay projects and inflate costs. Today, BRKZ announced it has completed its Series A funding at $17M, bringing total funding to $22.5M, to scale its technology platform that’s revolutionizing how contractors source and purchase building materials.

    The funding includes an $8M Series A2 round closed in January 2025, complemented by $1M in venture debt from Capifly, following the initial $8M Series A1 round from December 2023. All existing investors strongly recommitted, including BECO Capital, Aramco’s Waed, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, and Fluent Ventures.

    Founded in 2023 by Ibrahim Manna, serial entrepreneur and former Managing Director at Careem, BRKZ emerged from firsthand experience with construction industry inefficiencies. “Traditional procurement in construction is highly fragmented and manual, often requiring contractors to juggle multiple suppliers, long negotiations, and delayed payments,” said Ibrahim Manna, Founder and CEO of BRKZ. “This funding will help us double down on tech development, enhance our BNPL offering aligned with construction cash flow cycles, and expand into cross-border trading.”

    The BRKZ team.

    Unlike traditional procurement methods, BRKZ’s platform combines a tech-enabled marketplace with embedded financing solutions, transforming how contractors and suppliers interact. Through its digital platform, contractors can access over 7,000 SKUs from more than 1,100 local suppliers, receiving competitive quotes within 20 minutes. The platform’s built-in financing options align with construction cash flow cycles, addressing a critical pain point in the industry.

    The platform’s rapid adoption validates its approach. Since launching its Series A1, BRKZ has grown revenue fourfold during 2024, now serving more than 850 unique contractors and factories across flagship projects like King Salman Park, Neom, and Red Sea. The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major regions, while processing $350m (SAR 1.3 billion) in RFQs through its platform.

    BRKZ marketplace and app.

    Real-world applications demonstrate the platform’s transformative impact. A contractor working in KSA’s central region, awarded a project in the Western Region, used BRKZ to price and procure materials from local suppliers despite having no team in the project location. Similarly, a local cement block factory broke traditional geographical constraints by listing on BRKZ, expanding its customer base while sourcing raw materials through the platform.

    AbdulRauf H. Al-Matar, AGM at AlRashed Building Materials commented: “Partnering with BRKZ has revolutionized how we connect with contractors and streamline our operations. Their innovative approach to digitizing the construction industry is setting a new standard for efficiency and growth.”

    Tamer Salah, CEO at AlMimar AlAraby for General Contracting added: “Working with BRKZ has been a game-changer for us. Their focus on understanding contractors’ needs and delivering tailored solutions has made it easier to meet tight deadlines and exceed customer expectations. BRKZ’s highly advanced technology provides the best e-commerce platform, which makes it easy to manage my orders and get automated updates on their status.”

    The construction market in MENA represents a massive opportunity, driven by mega-projects reshaping the region. Major developments like Neom, The Red Sea Project, King Salman Park, and upcoming events like Expo 2030 and FIFA World Cup in Saudi Arabia underscore the urgent need for innovative, tech-driven solutions to streamline procurement and enhance efficiency.

    Dany Farha, co-founder and managing partner at BECO Capital, commented: “The construction industry is foundational to the Kingdom’s Vision 2030, and is ripe for technology and organizational optimization. The BRKZ team has executed its product and operational roadmap to drive efficiencies in this rapidly scaling sector, and we’re excited to continue supporting them in their next chapter. BRKZ’s financing product will complement their digitized procurement platform and address customer cash flow challenges. Having known Ibrahim and the team for years, we’ve seen firsthand their agility, prudence, and unique skill set that enable them to fulfill their promise of digitizing this industry.”

    Looking ahead, BRKZ plans to establish offices in Saudi Arabia’s Northern and Southern regions during 2025 while expanding its supplier network into global markets, focusing on China and India. The company will continue enhancing its technology platform and financing solutions, positioning itself as the comprehensive solution for construction procurement in the MENA region.

    Ends 

    Media images can be found here.

    About BRKZ

    BRKZ is a B2B managed marketplace transforming construction procurement in Saudi Arabia. By connecting contractors with suppliers through a tech-enabled platform, BRKZ provides access to thousands of SKUs, competitive pricing, and tailored financing solutions. With a focus on efficiency and transparency, BRKZ empowers MENA’s construction sector to meet the ambitious goals. For more information please visit https://brkz.com/en 

    About BECO Capital

    BECO Capital is the largest non-government venture capital firm in the Gulf, managing over $500 million in AUM. Since its inception in 2012, BECO Capital has played a pivotal role in developing the regional tech ecosystem, helping it grow from its nascent stages to its current dynamism, and has been a notable investor behind many of the region’s success stories. These include Careem, the region’s ride-hailing service turned super-app, acquired by Uber for $3.1 billion, and Property Finder, the real estate marketplace that BECO exited at a $1 billion valuation in April 2024, alongside other prominent startups such as Kitopi and Fresha.

    The MIL Network –

  • MIL-OSI: ASM named in CDP’s ‘A List’ for climate and water

    Source: GlobeNewswire (MIL-OSI)

    Almere, the Netherlands
    February 10, 2025

    ASM has been awarded CDP’s prestigious ‘A List’ ranking for both climate and water reporting, recognizing its corporate sustainability leadership, performance, and transparency.

    This is the first time ASM has achieved A List status with the global environmental non-profit, CDP, the organization that runs the world’s most recognized environmental disclosure system and sets the standard for environmental reporting. From over 22,000 annual reporting submissions this year, CDP has awarded its highest A List ranking to only a select group of companies demonstrating the strongest sustainability leadership.

    ASM is among very few companies in the semiconductor industry to score an A in CDP’s 2024 assessment, with even fewer reaching the A List for both climate and water. This marks a significant milestone in our sustainability journey and is a testament to our continued commitment to environmental progress.

    ASM has been reporting into CDP for thirteen consecutive years, consistently strengthening our environmental strategy and performance. In 2024, we reached 100% renewable electricity across our global operations, reinforcing our commitment to sustainable business practices.

    Inclusion in CDP’s prestigious A List highlights the strides we have made in reducing our operational carbon footprint and exemplifies our focus on meaningful climate action. In addition to decarbonizing our own operations, we are investing in research and development to enhance the energy efficiency of our deposition equipment, enabling our customers to reduce their energy consumption while maintaining high-performance production capabilities. This ensures our technologies contribute to lower emissions in semiconductor manufacturing and the broader tech ecosystem.

    In 2021, ASM published an ambitious target of reaching net zero by 2035. In 2023, ASM’s net zero target was approved by the Science Based Targets Initiative (SBTi), a first in the semiconductor industry. ASM’s Climate Transition Plan, released in early 2024, details how we target to achieve this goal by decarbonizing our products, optimizing our operations, and collaborating with our value chain to drive sustainability improvements to ensure ASM remains at the forefront of sustainable innovation.

    As ASM expands, we are focused on achieving green standards such as LEED building certification, which rates buildings for energy efficiency and sustainability across multiple environmental aspects. Our new facility in Scottsdale, Arizona, which is currently in design, aims to reuse more than 80% of the water it consumes, significantly reducing ASM’s water footprint and supporting circular resource use.

    John Golightly, ASM VP of Sustainability remarked: “We are honored to receive this recognition for our efforts in climate and water. CDP’s A List is the gold standard for environmental reporting, so our inclusion for the first time is a proud moment, for our company and everyone who worked so hard on our sustainability journey. Our resolute focus on transparently reporting our progress has led us to this point and we will continue to push the boundaries of sustainable semiconductor manufacturing, with cutting-edge innovation and collaborative partnerships to create a greener, more resilient future. Accelerating Sustainability is a strategic objective at ASM for good reason. We believe our products and operations enable positive impact for society and our planet.” 

    About ASM International

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

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    		  

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    Source: GlobeNewswire (MIL-OSI)

    New York, Feb. 10, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    New York, NY

    Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released an update note on Genius Group Ltd. (NYSE: GNS). The update note includes information on Genius Group Ltd.’s recent developments, management commentary, future outlook, and risks.

    The update note is available below.

    Genius Group February 2025 Update Note

    Highlights from the note include:

    • Genius Group Launches $33 Million Rights Offering to Strengthen Its Bitcoin Treasury: Genius Group’s Board approved a rights offering aimed at raising up to $33 million to expand the company’s Bitcoin Treasury, with 100% of net proceeds dedicated to purchasing Bitcoin. The offering provides shareholders with the opportunity to acquire additional ordinary shares at a fixed subscription price, reinforcing the company’s commitment to its Bitcoin-first strategy. Key terms of the Rights Offering include:
      • Shareholder Rights Allocation: Each shareholder received one transferable right for every ordinary share held as of the record date on January 24, 2025, with the number rounded up to the nearest whole right. The company’s ordinary shares began trading ex-rights on January 24, 2025.
      • Subscription Details: Each right entitles the holder to purchase one ordinary share at a subscription price of $0.50. Shareholders fully exercising their basic subscription rights are eligible for an over-subscription privilege, which allows them to subscribe for additional ordinary shares on a pro rata basis. Rights holders may also choose to sell any rights they opt not to exercise.
      • Trading and Expiration Details: Rights trading commenced on a “when-issued” basis on January 23, 2025, under the symbol “GNS RTWI.” Regular trading of the rights began on January 27, 2025, under the symbol “GNS RT” and will continue until the close of trading on February 13, 2025. The offering expires at 4:30 p.m. Eastern Time on February 14, 2025, unless extended by the company. Registered shareholders received rights certificates based on the company’s stockholder registry, while those holding shares in “street name” will see the rights reflected in their brokerage accounts.
      • Additional Potential Funding: In addition to the $33 million rights offering, the company plans to pursue additional loan financings of up to approximately $22 million. If fully secured, this combined funding is expected to boost the Bitcoin Treasury from current levels, reported between $40 million and $45 million, to a range between $86 million and $100 million.
      • Management Participation: Complementing this initiative, Founder and CEO Roger Hamilton has completed his planned transactions, having acquired 500,000 shares under the pre-approved plan and subsequently purchasing an additional 500,000 shares on January 15, 2025, resulting in a holding of approximately 6.8 million shares. Mr. Hamilton has also notified the Company that he will fully subscribe to his rights under this Rights Offering, which will entitle him to acquire an additional 6.8 million shares on the same terms as all shareholders on the Record Date.

    This rights issue follows Genius Group’s established Bitcoin treasury approach and can be positive for shareholders if Bitcoin’s momentum persists-currently trading above $96,000 and recently peaking at $108,000. However, should Bitcoin’s price fall, the impact on shareholders could be less favorable, as the benefits of this initiative are closely tied to Bitcoin’s continued upward performance, which some analyst reports suggest is likely to persist.

    • Genius Group Expands Bitcoin Treasury to $42 Million Amid Strategic Financial Milestones: Genius Group has further advanced its Bitcoin-first strategy by acquiring an additional $12 million of Bitcoin, bringing its Bitcoin Treasury to 440 Bitcoin at a new average price of $95,519 per Bitcoin. This $42 million purchase, completed within three months of the November 12, 2024 announcement to allocate 90% or more of its current and future reserves to Bitcoin (with an initial target of $120 million), builds on an earlier milestone where the company secured 319.4 Bitcoin for $30 million at an average price of $93,919 per Bitcoin within two months. At an earlier date, as of Friday, January 31, 2025, Genius Group’s 440-Bitcoin holding was valued at $46 million, while the company’s market capitalization was $33.1 million (derived from 68.8 million issued shares trading at $0.48), resulting in a BTC/Price ratio of 139%, making Genius Group one of the highest among its peers. This ratio tells us that 139% of Genius Group’s market value is directly backed by its Bitcoin holdings, a stark contrast to the industry average of approximately 40% observed among other popular Bitcoin treasury companies, such as Microstrategy, Marathon Digital Holdings, and Riot Platforms. Funding for these purchases has been sourced from a mix of internal reserves, the use of its ATM facility, and debt financing from crypto-backed loan platform Arch Lending. In addition, the company has approved a Founder Compensation Plan with Founder and CEO Roger Hamilton that sets forth long-term milestones, including goals to reach a $1 billion market cap and to grow the Bitcoin Treasury’s net asset value to $1 billion within the next 10 years.

    About Genius Group Limited

    Genius Group Ltd. (NYSE: GNS) is a Bitcoin treasury company with an AI powered education platform engaged in providing AI training and AI tools to 5.4 million students in over 200 countries worldwide. It aims to develop an AI-powered lifelong learning curriculum and make its educational products accessible worldwide to all age groups.

    For more information, visit https://www.geniusgroup.net/

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by Genius Group Limited for producing research materials regarding Genius Group Limited, and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however, the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for an annual or semi-annual research engagement. As of 02/10/2025, the issuer had paid us $81,000 for our research services, which commenced 04/16/2022 and was billed annually for the first year for $27,000 and after in equal installments of $13,500 for six-month semi-annual periods with $13,500 received in April 2023 for six-month terms. $27,000 was paid in May 2024 (payment was for two outstanding six-month payment terms of October 2023 and April 2024, allocated to the following six-month periods of research coverage in each respective period), and $13,500 received in November 2024 for the October 2024 six-month semi-annual period of coverage. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has paid us for non-research related services as of 02/10/2025 consisting of $3,000 for presenting at a virtual investment conference and $2,000 for organizing an investment dinner. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for Genius Group Limited. Please consult the attached research report for disclosures.

    Contact:

    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –

  • MIL-OSI: Obagi Medical Announces the Launch of Latest Innovations in The SUZANOBAGIMD® Collection

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Obagi Medical (“Obagi”), a leader in advanced skincare innovation and the originator of medical-grade skincare, proudly unveils the latest groundbreaking additions to its highly regarded SUZANOBAGIMD® collection. The new products – Super Antioxidant Serum and Moisture Restore Hydration Replenishing Cream – offer cutting-edge solutions to address common skincare concerns such as skin discoloration and brightening, oxidative stress, and skin hydration to maintain a healthy skin barrier function. Formulated to be safe and effective for all skin types—whether sensitive, oily, dry, or somewhere in between—Obagi’s inclusive approach ensures that everyone can experience the benefits of advanced skincare, no matter their unique needs or concerns.

    Developed by Dr. Suzan Obagi, a distinguished dermatologist and the Chief Medical Director at Obagi, the powerhouse duo of skincare solutions reflects her extensive research and expertise in dermatologic surgery and skin health. Her expertise in formulation is drawn from her extensive experience treating thousands of patients each year, addressing a wide range of concerns. The most common issues she observes are hyperpigmentation and challenges with sensitive skin. Dr. Obagi’s groundbreaking work, especially in understanding the unique needs of skin of color and the needs of sensitive skin types, led her to identify the five key pathways essential for optimal skin health. These pathways include reducing pigment formation and visibly improving hyperpigmentation, calming redness and reducing skin irritation, combating oxidative stress, supporting cell turnover, and restoring the skin barrier. Dr. Obagi has created effective products that do not irritate the skin while delivering results you can see in as little as a few weeks in some cases.

    Dr. Suzan Obagi, Chief Medical Director at Obagi, commented, “I am so excited to finally share these groundbreaking innovations with the world. These products are the culmination of years of research and patient testing, driven by my passion for helping patients unveil their naturally radiant skin without irritation. By incorporating cutting-edge ingredients like encapsulated silymarin to protect against oxidative stress and multi-weight hyaluronic acids for multi-layered hydration, we’ve developed solutions that truly push the envelope in skincare. I genuinely believe these novel formulations not only set a new standard but also reflect my unwavering commitment to treating skin holistically, ensuring health, resilience, and a luminous glow for every skin type.”

    Drawing on this wealth of expertise in treating skin discoloration, Dr. Obagi formulated these latest additions to her namesake collection to transform skin health and deliver a radiant, brighter complexion. The collection includes the new Super Antioxidant Serum, providing medical-grade defense against oxidative stress for more resilient, radiant and youthful-looking skin. Super Antioxidant Serum is formulated with a potent blend of antioxidants, including encapsulated Silymarin and stabilized Vitamin C, to neutralize free radicals, combat oxidative stress, and brighten skin.

    Moisture Restore Hydration Replenishing Cream is a medical-grade, multi-layered moisturizer which delivers intense, multi-layered hydration. With a blend of both low and high-molecular-weight Hyaluronic Acids this cream delivers moisture to different layers of the skin.

    Delivering both immediate and long-lasting results, these products were clinically tested by Dr. Obagi and third party clinical graders. During testing of Super Antioxidant Serum and Moisture Restore Hydration Replenishing Cream, 94% of subjects felt their skin was refreshed and smoother immediately after a single application* and 97% of subjects observed an improvement in overall skin appearance after 2 weeks* including:

    • Visible improvement in the appearance of fine lines
    • Visible improvement in the appearance of hyperpigmentation
    • Visibly calms irritation and boosts hydration

    Justin Giouzepis, Chief Marketing Officer of Obagi, added, “We’re thrilled to partner with Dr. Suzan Obagi on bringing to market Super Antioxidant Serum and Moisture Restore, products designed to address the critical needs of both skin brightening and hydration. Obagi is the leader in innovating products that defend against environmental aggressors with our vitamin C collection and products that treat hyperpigmentation with the Obagi Nu-Derm® collection. Having Super Antioxidant Serum in the Obagi portfolio provides professionals with an additional oxidative stress fighting product to recommend to their patients who may have sensitive skin but don’t want to compromise on results. We know achieving radiant, healthy skin shouldn’t come at the cost of irritation, which is why we’ve prioritized gentle yet effective formulations suitable for even the most sensitive skin types. These launches represent our commitment to providing inclusive skincare solutions for everyone.”

    The SUZANOBAGIMD® Super Antioxidant Serum, priced at $158, and the SUZANOBAGIMD® Moisture Restore Hydration Replenishing Cream, priced at $78, are now available through partnering professional channels. They will be available for customers to purchase on Obagi.com on 2.24.2025.

    *Results are based on a 2024 2-week clinical test, with subjects using SOMD Super Antioxidant Serum & Moisture Restore Replenishing Cream (if needed) daily within protocol.

    About Obagi Medical
    Obagi Medical is an industry-leading, advanced skincare line rooted in research and skin biology, refined with a legacy of 35 years’ experience. First known as leaders in the treatment of hyperpigmentation with the Obagi Nu-Derm® System, Obagi products are designed to diminish the appearance of premature aging, photodamage, skin discoloration, acne, and sun damage. Backed by science and trusted by professionals, Obagi empowers individuals to achieve healthy, beautiful skin.

    More information about Obagi is available on the brand’s website, https://www.obagi.com.

    About Waldencast
    Founded by Michel Brousset and Hind Sebti, Waldencast’s ambition is to build a global best-in-class beauty and wellness operating platform by developing, acquiring, accelerating, and scaling conscious, high-growth purpose-driven brands. Waldencast’s vision is fundamentally underpinned by its brand-led business model that ensures proximity to its customers, business agility, and market responsiveness, while maintaining each brand’s distinct DNA. The first step in realizing its vision was the business combination with Obagi Cosmeceuticals and Milk Makeup. As part of the Waldencast platform, its brands will benefit from the operational scale of a multi-brand platform; the expertise in managing global beauty brands at scale; a balanced portfolio to mitigate category fluctuations; asset-light efficiency; and the market responsiveness and speed of entrepreneurial indie brands. For more information please visit: https://ir.waldencast.com/.

    Media Contact:
    obagi@purplepr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2e3ff584-7c90-4039-9b0e-ab93ef0fcf5a

    The MIL Network –

  • MIL-OSI: MultiCorp International, Inc.

    Source: GlobeNewswire (MIL-OSI)

    AGOURA HILLS, CALIFORNIA, Feb. 10, 2025 (GLOBE NEWSWIRE) — Multicorp International, Inc. (OTCPINK: MCIC) is pleased to announce its arrangement with 40 Brightwater LLC.

    On February 3, 2025, Multicorp International, Inc. entered into an Exchange Agreement with 40 Brightwater LLC, exchanging 3,000,000,000 Preferred and 3,250,000,000 Common Stock Shares for 2,000,000 Gold Backed Cryptocurrency Tokens.This transaction will allow Multicorp International, Inc. to establish solid and stable assets backed by Gold, opening doors to access the financing needed to acquire a core business to increase real value for MCIC shareholders.

    MultiCorp International Inc. Announces Strategic Growth Initiatives and Expansion Plans

    About MultiCorp International, Inc.

    Multicorp International, Inc. is a diversified leader in health, energy and agriculture, announces a series of strategic initiatives aimed at accelerating its growth and expanding its market presence. The company is actively pursuing joint ventures and acquisitions, is fortifying its organizational infrastructure and is preparing for significant advancements in the stock market.

    About 40 Brightwater LLC

    40 Brightwater LLC is a private holding company focusing specifically on acquiring private entities and merging its holdings with public companies by leveraging its financial network and resources through its Managing Member, President & CEO Shannon Newby.

    Disclaimer

    This press release does not constitute an offer to sell or solicit an offer to buy, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful before registration or qualification under applicable securities laws. Any offer will be made only through a prospectus supplement and accompanying base prospectus as part of an effective registration statement.

    This press release is for informational purposes only and should not be considered investment advice or a solicitation to purchase securities.

    Forward-looking statements are not guarantees of future performance. These statements are based on current expectations and could differ materially from actual events.

    Contact:  J. A. Coleman,  J.a.coleman1512@gmail.com

    The MIL Network –

  • MIL-OSI: Groundbreaking Formal Verification Further Enhances the Quality of CHERIoT-Ibex

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, United Kingdom, Feb. 10, 2025 (GLOBE NEWSWIRE) — lowRISC C.I.C., the open silicon ecosystem organisation, today announced the addition of formal verification to the toolbox of open source design verification (DV) techniques used to ensure the commercial level quality of the Microsoft-created CHERIoT-Ibex core, the processor at the heart of the UKRI-funded Sonata™ platform.

    CHERIoT-Ibex pipeline with specification installed using a pipeline follower

    Prof. Tom Melham and Louis-Emile Ploix of the University of Oxford, and Alasdair Armstrong of the University of Cambridge, have created an extensive formal verification framework to establish observational equivalence, using unbounded proofs, between the hardware and the RISC-V International Sail specification of instruction behaviour. This greatly strengthens confidence in the design’s conformance to the specification. The verification uses the Cadence Jasper™ tool, along with new Sail support to automatically build a SystemVerilog reference model from the specification. They describe their work in a pre-print paper published on arXiv, and have collaborated with Microsoft to upstream this into the open source CHERIoT-Ibex repository.

    CHERIoT-Ibex is Microsoft’s open-source extension of lowRISC’s Ibex®, a 32-bit RISC-V processor. CHERIoT provides fine-grained memory protection for embedded systems, which deterministically mitigates over two thirds of memory vulnerabilities and enables efficient compartmentalization. Of course, it is critical that the hardware correctly implements the CHERIoT extension to ensure that the security guarantees it offers are valid. “Correct” implementation is defined in a standardised way for RISC-V using Sail. This is a domain-specific language which describes, in a formal but readable fashion, exactly what each processor instruction does.

    This new formal verification framework and proof developed by the University of Oxford, the University of Cambridge, and lowRISC takes the formal specification for CHERIoT — written in Sail — and checks that for any stream of instructions the CHERIoT-Ibex implementation performs the same memory operations. This equivalence checking is decomposed into multiple steps to help the tool converge, by first proving simple properties, then using those to prove more and more complex ones. It is important to note that the proofs developed as part of this work are different from the more common bounded proofs, where only a limited amount of system evolution is explored for counter-examples. By contrast, unbounded proofs hold true for all possible executions. While no single verification technique should be relied on in isolation, a formal proof (in combination with a traditional functional verification flow) significantly increases confidence in the design.

    Besides the work on CHERIoT-Ibex, lowRISC has also published an adaptation of this proof for regular Ibex (which of course also has extensive conventional DV), the main microprocessor core used in the OpenTitan® root of trust.

    “We’re thrilled to see the achievement of this milestone, demonstrating that well managed open-source silicon designs can not just match the DV quality of commercial IP, in some cases they’re beginning to lead the field,” said Dr. Gavin Ferris, CEO of lowRISC. “The successful formal verification of CHERIoT-Ibex exemplifies our Silicon Commons approach, bringing the best of industry, academia and the open source community together through collaborative engineering — and moving the game forward for everyone. Now, not only can companies bring products to market cheaper and faster by leveraging open-source silicon designs, they can do so with the strongest possible assurance that specification fidelity has been maintained. We’re proud to have worked with Microsoft, the University of Oxford, University of Cambridge and Cadence to help make this fantastic result possible.”

    “The CHERIoT-Ibex project has been an ideal challenge for our formal verification research at Oxford, which aims at both scientific innovation and strong real-world impact,” Professor Tom Melham and lead verification engineer Louis-Emile Ploix said. “We are delighted that our work has significantly helped to increase confidence in the commercial-grade quality of Microsoft’s CHERIoT-Ibex core, driven by the development of a new Sail to Verilog compiler by our colleagues at the University of Cambridge, and demonstrated new methodology for RISC-V formal verification. Our hope is that other RISC-V verification projects can substantially benefit from our experience, through our publications and open source formal verification code.”

    “We are excited to see this formal verification milestone, building on the Sail formal specifications of RISC-V, CHERI RISC-V, and CHERIoT developed by multiple partners over recent years,” said Professor Peter Sewell at the University of Cambridge. “This links formal specifications of the instruction set, previously used for architecture design, hardware testing, software development, and formal reasoning about software, all the way down to the detailed hardware design. The work shows that full formal verification is viable for such designs with reasonable effort.”

    “Finding and fixing bugs early in the design cycle is crucial to address the fast growing complexity of chip design. Formal verification is a key technology that allows teams to boost the functional verification productivity, reduce costs, improve quality, and ensure more reliable designs in less time,” Ziyad Hanna, Corporate Vice President of Cadence Design Systems, said. “We’re delighted that Cadence Jasper Formal Verification Platform has been instrumental in supporting this effort, contributing to the future of secure computing.”

    lowRISC would like to thank all the supporters of the Sunburst project, with special thanks to Microsoft for contributing the core CHERI implementation within the CHERIoT-Ibex processor and making it open source. “Microsoft is thrilled to upstream an extensive formal verification framework and proof to the open-source CHERIoT-Ibex repository. The CHERIoT-Ibex core augments lowRISC’s Ibex with the CHERIoT ISA extension,” said Tony Chen, Partner Security Architect at Microsoft. “The formal verification pioneered by Oxford University has instilled an unmatched level of confidence in the CHERIoT-Ibex core.”

    CHERIoT-Ibex is the processor core of Sonata which puts CHERI technology into the hands of embedded-system engineers. Sonata is part of the Sunburst project, which is funded by DSbD and UKRI (Grant Number 107540). The early, foundational work at Oxford on the formal verification of CHERIoT-Ibex was funded by DSbD and UKRI as part of the SCorCH project (EPSRC Grant Number EP/V000225/1).

    About lowRISC®
    Founded in 2014 at the University of Cambridge Department of Computer Science and Technology, lowRISC is a not-for-profit company/CIC that provides a neutral home for collaborative engineering to develop and maintain commercial-quality open source silicon designs and tools for the long term. The lowRISC not-for-profit structure combined with full-stack engineering capabilities in-house enables the hosting and management of high-quality projects like OpenTitan and Sunburst via the Silicon Commons® approach.

    Media Contact
    lowRISC@w2comm.com

    An infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/432a234b-dca0-44be-9118-91ca2b8996c4

    The MIL Network –

  • MIL-OSI: Wearable Devices Unveils Future AI-Powered Gesture Personalization Technology, Paving the Way for Next-Gen User Interactions

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, Feb. 10, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is developing cutting-edge methods for gesture personalization that will transform user interactions in the near future. By harnessing biopotential signals from the human wrist, Wearable Devices is working towards redefining how people interact with digital devices, creating an intuitive, personalized experience for the AI era.

    The Future of Personalized AI-Driven Gestures

    As AI continues to shape our digital landscape, the way we interact with technology is evolving. Traditional input methods – keyboards, touchscreens, and voice commands – are expected to give way to more natural, seamless interactions. Wearable Devices is developing an AI-powered neural wristband technology for detection of user specific micro-gestures, enabling a future of personalized controls tailored to individual users.

    Leveraging Large MUAP Models (“LMMs”), Wearable Devices is enhancing its ability to create truly personalized gesture experiences that improve and adapt more effectively with continued use.

    A New Era for AI-Powered Devices and XR Platforms

    Wearable Devices’ neural-based gesture personalization is being developed to revolutionize extended reality (XR), smartwatches, and other AI-driven interfaces. The technology aims to enable:

    • Micro-Gesture Precision: AI refining recognition of tiny movements, such as a finger swipes or pinches, ensuring reliable, real-time responsiveness.
       
    • Context-Aware Interactions: A system that is adaptive to user habits.
       
    • Cross-Device Integration: Personalized gestures seamlessly operating across augmented reality (“AR”)/virtual reality headsets, AR glasses, smartwatches, and other AI-powered devices, creating a unified interaction experience.

    Wearable Devices is focused on taking it a step further by developing adaptive, user-specific models rather than one-size-fits-all solutions. This approach is expected to enhance accessibility, usability, and engagement in AI-driven environments.

    A Call to AI and XR Innovators

    As AI-powered devices become more ubiquitous, Wearable Devices is actively developing next-generation intuitive and personalized user interactions. With over a decade of research and development and a growing portfolio of patents, the Company invites industry leaders to explore collaboration opportunities.

    “We believe AI-driven gesture personalization is the next frontier in human-device interaction,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “By seamlessly integrating AI with biopotential sensing, we are developing innovations that will revolutionize the way people engage with technology.”

    For more information about Wearable Devices’ AI-powered gesture control solutions under development, visit www.wearabledevices.co.il.

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

    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 our 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, we are using forward-looking statements when we discuss that we are developing cutting-edge methods for gesture personalization that will transform user interactions in the near future, the benefits and advantages of our technology, including the aims of our technology, that our approach is expected to enhance accessibility, usability, and engagement in AI-driven environments, and our belief that AI-driven gesture personalization is the next frontier in human-device interaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. 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 our control. Our 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 our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our 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; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our 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 Contact

    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network –

  • MIL-OSI: Kvika banki hf.: Correction: Publication of annual financial statements on Wednesday 12 February

    Source: GlobeNewswire (MIL-OSI)

    On Monday 10 February 2025 Kvika announced that a meeting to present financial results to shareholders and market participants will be held at 08:30 on Thursday 15 August. However, the meeting will be held at 08:30 on 13 February 2025. The revised announcement is as follows: 

    The Board of Directors of Kvika banki hf. is set to approve the financial statements of the Group for the year 2024 at a board meeting on Wednesday 12 February. The financial statements will subsequently be published after the domestic market has closed.

    A meeting to present the results to shareholders and market participants will be held the next day, at 08:30 on Thursday 13 February, at the bank’s headquarters on the 9th floor at Katrínartún 2, where Ármann Þorvaldsson, CEO of Kvika, and Eiríkur Magnús Jensson, CFO, will present the company’s financial results.

    The presentation will be conducted in Icelandic and will be streamed live. Further, a recording of the meeting with English subtitles will later be made available on Kvika’s website.

    Meeting participants will be able to send questions before or during the meeting via ir@kvika.is

    The investor presentation will be made public before the meeting.

    The MIL Network –

  • MIL-OSI: Paradigm Oil and Gas Partners with Hallmark Venture Group to Drive Scalable Revenue Growth

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights:

    • Strategic Partnership Announcement: Paradigm Oil and Gas, Inc. (OTC: PDGO) has engaged Hallmark Venture Group, Inc. (OTC: HLLK) to develop scalable revenue strategies and enhance digital operations.
    • Revenue Growth & Digital Expansion: The collaboration aims to optimize lead generation, implement revenue-driving strategies, and develop new digital infrastructure for sustained business growth.
    • Operational Management & Market Positioning: Hallmark Venture Group will oversee website development, traffic acquisition, lead generation, public relations, and administrative management to enhance monetization efforts.
    • AI-Driven Business Solutions: The partnership leverages Hallmark’s AI-driven marketing and consulting expertise to create innovative business models that increase profitability.
    • Scalable & Sustainable Business Model: Paradigm Oil and Gas expands beyond traditional operations by exploring digital and third-party service integrations to maximize shareholder value.
    • Investor & Market Outlook: The initiative aligns with evolving market demands, ensuring long-term financial stability and operational efficiency.

    NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Paradigm Oil and Gas, Inc. (OTC: PDGO) expands its revenue potential by engaging Hallmark Venture Group, Inc. (OTC: HLLK) to enhance digital operations and implement scalable revenue strategies. This strategic partnership is designed to optimize lead generation, strengthen market positioning, and maximize profitability through AI-driven solutions and digital infrastructure.

    Accelerating Digital Growth and Revenue Optimization

    Paradigm Oil and Gas is committed to diversifying revenue streams beyond traditional operations. By leveraging Hallmark Venture Group’s expertise, the Company will implement advanced digital strategies, optimize monetization efforts, and develop high-quality traffic acquisition models.

    Hallmark Venture Group will oversee key operational areas, including:

    • Website Development & Digital Infrastructure – Enhancing user experience and optimizing engagement.
    • Traffic Acquisition & Lead Generation – Deploying AI-driven marketing strategies for high-quality conversions.
    • Public Relations & Market Outreach – Strengthening brand visibility and investor relations.
    • Administrative & Operational Management – Streamlining business processes for improved efficiency.

    AI-Powered Solutions for Market Expansion

    Hallmark Venture Group specializes in AI-driven consulting and revenue growth solutions. Through this collaboration, Paradigm Oil and Gas will integrate data-driven marketing techniques, predictive analytics, and automated lead generation tools to drive long-term financial sustainability.

    Strategic Growth & Shareholder Value Enhancement

    This initiative aligns with Paradigm Oil and Gas’s mission to explore innovative business models that create sustainable growth. By embracing digital transformation and AI-powered strategies, the Company aims to increase shareholder value and remain competitive in evolving market conditions.

    About Paradigm Oil and Gas, Inc.

    Paradigm Oil and Gas, Inc. (OTC: PDGO) is a publicly traded company focused on optimizing revenue generation and expanding its market opportunities. The Company actively pursues strategic partnerships and digital initiatives to drive profitability and long-term business growth.

    About Hallmark Venture Group, Inc.

    Hallmark Venture Group, Inc. (OTC: HLLK) is a digital marketing and consulting firm specializing in AI-driven strategies, lead generation, and scalable revenue solutions. The Company’s proprietary platforms help businesses enhance digital growth, optimize customer acquisition, and improve market positioning.

    Safe Harbor Statement

    Safe Harbor This release contains statements that constitute 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words ”may”,”would”, ”will”, ”estimate”, ”can”, ”believe”, ”potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission and/or OTC Markets.

    For Media & Investor Inquiries:

    Website: https://pdgoinc.net/
    Email: info@pdgoinc.net
    X (formerly Twitter): @PDGOinc

    The MIL Network –