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Category: GlobeNewswire

  • MIL-OSI: NANO Nuclear Energy Establishes Specialized Facility in New York State to Demonstrate Key Components of its Nuclear Microreactor Designs

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., Feb. 04, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is establishing a purpose-built demonstration facility in Westchester County, New York to be used to demonstrate the operation and viability of several non-nuclear parts and components of NANO Nuclear’s four nuclear microreactors in development: ZEUSTM, ODINTM, LOKI MMRTM and KRONOS MMRTM.

    Figure 1 – Image of Exterior of NANO Nuclear’s New Advanced Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, NY

    The facility will also support ongoing work on NANO Nuclear’s SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology. ALIP addresses challenges in high-efficiency thermal fluid management for clean energy and high-temperature industrial processes and is based on electromagnetic (rather than mecha1nical) pumps. A key enabling technology for NANO Nuclear’s suite of nuclear microreactors, ALIP is being further developed under the SBIR Phase III project to accelerate the transition from research to practical products and services.

    “This advanced facility, will play a major role in our development efforts, providing our technical teams with access to key physical data. We plan to announce timely updates throughout the year on certain key research and developmental milestones,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “The facility will also be used to advance commercialization efforts surrounding our ALIP technology, which could have a significant impact on the wider nuclear energy sector in addition to being a key enabling technology for our own, proprietary suite of microreactor technologies.”

    Figure 2 – Image of NANO Nuclear’s Management and Technical teams at the Company’s New Advanced Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, New York

    The expansion of NANO Nuclear’s operations in New York State follows its December 17, 2024 response to a New York State Energy Research and Development Authority (NYSERDA) Request for Information (RFI) concerning the development of advanced nuclear energy technologies in New York State. The demonstration facility will enhance NANO Nuclear’s ability to support the New York’s pursuit of cost-effective alternatives to heavily polluting carbon-based energy sources and intermittent options such as wind or solar. The facility is in the final stages of retrofitting and is expected to be operational this spring.

    “We are excited to announce this additional significant milestone to our journey as a company and the advancement of our technology,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “Once operational, the facility will provide our technical teams with invaluable opportunities to gather physical data and optimize designs to integrate non-nuclear components effectively. This is a critical step in accelerating our reactor development and ensuring the seamless integration of all components in the final product.”

    Onsite attendance at NANO Nuclear Energy’s specialized facility in New York State:

    • Jay Yu, Founder and Chairman
    • James Walker, CEO & Head of Reactor Development
    • Professor Ian Farnan, Lead of Nuclear Fuel Cycle, Radiation and Materials
    • Professor Massimiliano Fratoni, Senior Director and Head of Reactor Design
    • Professor Peter Hosemann, Head of Nuclear Reactor Design and Materials
    • Carlos O. Maidana, Ph.D., MBA, Head of Thermal Hydraulics and Space Program
    • John G. Vonglis, Executive Director of Global Government Affairs
    • Michael Norato, Ph.D., Director of Nuclear Facilities and Infrastructure
    • David Tiktinsky, Head of Nuclear Regulatory Licensing
    • Eric R. Oesterle, Head of Microreactor Regulatory Licensing
    • Oscar Leandro, MBA, VP of International Business
    • Ross Mitchell, Nuclear Engineer and Project Manager
    • Michael Lim, Manufacturing and Operations Manager
    • Josey Anna Widhalm, Office Director & Marketing Manager

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

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

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

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

    Cautionary Note Regarding Forward Looking Statements

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

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    The MIL Network –

  • MIL-OSI: Data443 Acquires Breezemail.ai, Accelerating AI-Powered Email Privacy Capabilities for Microsoft Office and Google GMail

    Source: GlobeNewswire (MIL-OSI)

    RESEARCH TRIANGLE PARK, N.C., Feb. 04, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), a data security and privacy software company for “All Things Data Security,” today announced the acquisition of intellectual property and operational assets of Breezemail.ai, an innovative provider of AI-powered email management technology. This acquisition marks a significant expansion of Data443’s capabilities in intelligent threat detection and leverages its leadership at the forefront of the rapidly evolving AI security landscape.

    Breezemail.ai leverages proprietary implementations of machine-learning algorithms that manage end-user mailboxes for both Microsoft Office365 and Google GSuite GMail. This capability is the industry’s first implementation, giving end users direct management of their inboxes from outside the service provider – creating private implementations of email organization, detection, and visibility for important information. Managing this privately ensures that the mail provider does not have access to the rulesets that the end user designs, ensuring ongoing privacy of private rulesets for the customer. Email providers do not see the rules that the end user creates.

    “AI privacy continues to be a major issue the industry continues to tackle. End users should be able to keep their mailbox organization rules private, change them at will, and have a simple interface for managing this. Breezemail.ai enables this capability in a few mouse clicks and gives the user ultimate control. Even more importantly, the users’ private rules and decisions are not shared with any service provider,” stated Jason Remillard, CEO and Founder of Data443.

    Integrating this technology into Data443’s award-winning product suites increases the adoption of these capabilities in other segments, such as healthcare, national defense, and government organizations.

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

    The integration of Breezemail.ai’s technology will deliver immediate benefits to Data443’s customers:

    • Seamless integration with existing Cyren by Data443 deployments
    • Enhanced protection against sophisticated social engineering attacks
    • Real-time threat intelligence sharing across the customer base
    • A rich implementation for selective decision-making driven by the end-user without IT assistance
    • Complete privacy on how the users’ internal mindset works with data

    “Combining Breezemail.ai’s innovative AI implementations with our existing security capabilities, we’re building on our compounding advantages with our Cyren by Data443 email and threat intelligence product stack,” added Remillard. “This integration will provide our customers with unprecedented AI privacy enablement protection while significantly simplifying management tools for end users.”

    “This acquisition transcends mere technological expansion, marking a pivotal shift in email privacy protection. As artificial intelligence continues to automate more aspects of our digital lives, safeguarding user privacy has emerged as one of the industry’s most pressing challenges. This enables millions of users to self-manage their data with complete privacy,” concluded Mr.Remillard.

    About Data443 Risk Mitigation, Inc.

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

    Forward-Looking Statements 

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

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

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

    For further information:

    Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
    Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA
    Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/
    To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg

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

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    The MIL Network –

  • MIL-OSI: CVR Energy to Release Fourth Quarter and Full-Year 2024 Earnings Results

    Source: GlobeNewswire (MIL-OSI)

    SUGAR LAND, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI) plans to release its fourth quarter and full-year 2024 earnings results on Tuesday, Feb. 18, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Wednesday, Feb. 19, at 1 p.m. Eastern to discuss these results.

    This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Energy’s website at www.CVREnergy.com. For investors or analysts who want to participate during the call, the dial-in number is (877) 407-8291. The webcast will be archived and available for 14 days at https://edge.media-server.com/mmc/p/4a2maqba. A repeat of the call also can be accessed for 14 days by dialing (877) 660-6853, conference ID 13751234.

    CVR Energy’s fourth quarter and full-year 2024 earnings news release will be distributed via GlobeNewswire and posted at www.CVREnergy.com.

    About CVR Energy, Inc.
    Headquartered in Sugar Land, Texas, CVR Energy is a diversified holding company primarily engaged in the renewables, petroleum refining and marketing businesses as well as in the nitrogen fertilizer manufacturing business through its interest in CVR Partners, LP. CVR Energy subsidiaries serve as the general partner and own 37 percent of the common units of CVR Partners, LP.

    For further information, please contact:

    Investor Relations:
    Richard Roberts
    CVR Energy, Inc.
    (281) 207-3205
    InvestorRelations@CVREnergy.com

    Media Relations:
    Brandee Stephens                        
    CVR Energy, Inc.
    (281) 207-3516
    MediaRelations@CVREnergy.com

    The MIL Network –

  • MIL-OSI: EZCORP to Release First Quarter Fiscal 2025 Results After Market Close on Wednesday, February 5th, 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (“EZCORP” or the “Company”) (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, will issue first quarter fiscal 2025 results (period ended December 31, 2024) on Wednesday, February 5th, 2025, after the market close.

    The Company will host a webcast and conference call at 9:00 a.m. Eastern time on Thursday, February 6th, 2025, to discuss its results. The presentation slides will be posted to the Investor Relations section of its website after the market close on Wednesday, February 5th, 2025.

    Date Thursday, February 6th, 2025
    Time: 9:00 a.m. Eastern time
    Dial-in registration link: https://register.vevent.com/register/BI86f9072cf4c447ae86954e0a22daa957
    Live webcast registration link: https://edge.media-server.com/mmc/p/j568nkgu

    A replay of the conference call will be available online at http://investors.ezcorp.com shortly after the live call concludes. If you have any difficulty accessing the conference call, please contact Elevate IR at EZPW@elevate-ir.com.

    About EZCORP
    Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index.

    Follow EZCORP on social media:
    Facebook EZPAWN Official https://www.facebook.com/EZPAWN/
    EZCORP Instagram Official https://www.instagram.com/ezcorp_official/
    EZPAWN Instagram Official https://www.instagram.com/ezpawnofficial/
    EZCORP LinkedIn https://www.linkedin.com/company/ezcorp/

    Investor Relations Contact:
    Sean Mansouri, CFA
    Elevate IR
    EZPW@elevate-ir.com
    (720) 330-2829

    The MIL Network –

  • MIL-OSI: FE International Reports: 2025 Primed to be a Busy Year For M&A

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — FE International, the leading firm in lower and middle market tech M&A, is proud to announce their semi-annual industry reports. This full suite of industry research reports includes sweeping analysis of global markets as well as detailed snapshots of industry-specific M&A activity.

    Global economic outlook overall is more hopeful for 2025. Cabinet changes across several of the G20 and accommodative monetary policies signal greater potential for growth across markets and industries.

    The incoming US Presidential Administration heavily influences the global macroeconomic outlook for 2025. The election of Donald Trump is set to bring profound changes to the economic and regulatory landscape of the United States and beyond. In the international arena, President-elect Trump’s trade policies will likely focus on ensuring U.S. dominance in areas such as digital technology and artificial intelligence.

    Overall, tax cuts and promises of deregulation, particularly for corporations and high-income earners, should stimulate increased investment and economic activity. Financial markets especially are poised for a potentially transformative period, despite the unusual possibility of across-the-board tariffs announced by the US President-Elect. While the impacts of the proposed tariffs would be considerable for the global economy, the potential imposition of tariffs is more likely the starting point of political negotiations.

    Learn how changes in government administrations will impact the global economy with industry insights from:

    With decades of experience, FE International can provide the expertise and guidance founders and investors need to achieve their financial goals. The firm helps businesses prepare for a successful exit by conducting a thorough valuation, suggesting optimizations for operations and profitability, identifying areas for potential growth, and crafting a compelling story for investors.

    About FE International

    Founded in 2010, FE International is an award-winning strategic advisor for technology businesses. FE’s team has completed over 1,500 transactions with a combined value of over $50 billion. FE International was named one of The Americas’ Fastest Growing Companies from 2020 to 2024 by the Financial Times and is also a four-time Inc. 5000 company.

    Media Contact:
    Gaj Tanwar
    Marketing Coordinate, FE International
    Email: gaj.tanwar@feinternational.com

    The MIL Network –

  • MIL-OSI: Exodus Movement, Inc. Announces Offer to Acquire Banxa Holdings Inc.

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., Feb. 04, 2025 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial cryptocurrency platform, today announced that it has submitted a proposal (the “Exodus Offer”) for the acquisition of all of the issued and outstanding common shares of Banxa Holdings Inc. (TSXV: BNXA) (“Banxa”), a globally recognized financial technology platform specializing in digital asset on-and-off ramp solutions. Banxa today announced that its Board of Directors, after consultation with its financial and legal advisors, and after consideration of a recommendation from its Special Committee of the Board of Directors, has unanimously determined that the Exodus Offer constitutes a “Superior Proposal” under the terms of the arrangement agreement between Banxa and 1493819 B.C. Ltd. (“1493819”). Banxa also announced that it provided notice of such determination to 1493819 and that, under its arrangement agreement with 1493819, 1493819 now has the right, until 5:00 p.m. (Vancouver time) on February 10, 2025, to propose to amend the terms of the arrangement agreement in order to make the Exodus Offer no longer a Superior Proposal.

    Pursuant to the terms of the Exodus Offer, Exodus has offered to acquire all of the issued and outstanding common shares of Banxa (“Banxa Shares”) for consideration per Banxa Share comprised of (i) CDN$1.10 in cash; and (ii) 0.0079 of class A common stock of Exodus (“Exodus Shares”). Based on the closing price of the Exodus Shares on NYSE American on February 3, 2025 of US$59.59 and the U.S./Canada daily exchange rate on February 3, 2025 of US$1.00/CDN$1.4603, the value of the share consideration to be paid to Banxa shareholders is US$0.47 or approximately CDN$0.69 per Banxa Share, bringing the total consideration to be received by Banxa shareholders to approximately CDN$1.79 per Banxa Share.

    At this time, there can be no assurance that the Exodus Offer will lead to a termination of the arrangement agreement between Banxa and 1493819 and the execution of a definitive arrangement agreement between Banxa and Exodus in respect of the Exodus Offer, or that the proposed transaction contemplated by the Exodus Offer will be consummated.

    About Exodus

    Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use.

    With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation.

    Exodus is committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus_io.

    Investor Contact
    investors@exodus.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” as that term is defined by the federal securities laws. All forward-looking statements are based upon our current expectations and various assumptions and apply only as of the date made. Our expectations, beliefs, and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that our expectations, beliefs and projections will be achieved. Forward-looking statements are generally identified by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “forecast,” as well as variations of such words or similar expressions. Forward-looking statements in this document include, but are not limited to, statements regarding the Exodus Offer, including the consideration to be issued pursuant to the Exodus Offer, the possibility that 1493819 submits a revised offer during the matching period, the possibility that Banxa and 1493819 amend the terms of their arrangement agreement that results in the Exodus Offer no longer being a Superior Proposal and the ability of Exodus and Banxa to consummate the transaction on the terms and in the manner contemplated by the Exodus Offer. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include the possible actions by or on behalf of 1493819; the possibility that Exodus withdraws the Exodus Offer; or the possibility of a third party submitting a proposal or a revised proposal which leads to a new Superior Proposal, as well as those set forth in “Item 1. Business” and “Item 1A. Risk Factors” of Amendment No. 6 to our Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”) on November 27, 2024, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

    No Offer or Solicitation

    The Exodus Offer contemplates that the Exodus Shares will be issued in a transaction exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), pursuant to Section 3(a)(10) of the U.S. Securities Act. Consequently, the Exodus Shares will not be registered under the U.S. Securities Act or under any U.S. state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy Exodus Shares or any other securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

    Source: Exodus Movement, Inc.

    The MIL Network –

  • MIL-OSI: NEXE Innovations to Present at the Small Cap Growth Virtual Investor Conference on February 6th

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — NEXE Innovations Inc. (“NEXE” or the “Company”) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, today announced that Kam Mangat, Vice President, Investor Relations & Corporate Strategy, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on February 6th, 2025.

    DATE: February 6th
    TIME: 1:30 pm ET
    LINK: https://bit.ly/40HJNUC
    Available for 1:1 meetings

    This will be a live, interactive online event where investors are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Why NEXE?

    Targeting the multi-billion dollar single-use plastics industry through its:

    • Vertically integrated facility and economies of scale: NEXE utilizes a vertically integrated manufacturing process, including compounding its proprietary resin, extrusion, and injection molding. We believe this end-to-end manufacturing process increases supply chain efficiency, reduces its carbon footprint, and safeguards its intellectual property.
    • Comprehensive IP Portfolio: We developed a pod structure for the compostable coffee pod designed to accommodate higher volumes and still provide a high-quality brewing experience. NEXE accomplished this feat through its innovative technology that increases the filter area (U.S. Pat. No. 12,004,678 issued on June 11, 2024) allowing for more volume per pod and increased coffee extraction, which in our view improves taste and richness. The Company believes that, given these key competitive features, it is well-positioned to offer a compelling “pour-over” coffee experience that appeals to premium coffee brands seeking a sustainable solution. For more details on our IP: NEXE Expands IP Portfolio to Drive Sustainability and Growth Across Different Markets
    • Proprietary Resin: The development of our coffee pod was not without challenges. K-Cup* compatible coffee pods face unique obstacles during the brewing process, including exposure to heat, high pressure, and water flow. Achieving a consistent and satisfying coffee extraction in a K-Cup* compatible machine requires precise engineering to balance these variables. Addressing these complexities demanded significant R&D efforts to create a capsule capable of meeting these rigorous demands while ensuring a premium coffee experience. However, addressing these challenges led to an incredible breakthrough for us in our proprietary resin. We believe this material now forms the foundation of our competitive edge and has positioned NEXE as an innovator that can target low-hanging fruit with higher margins across various industries.
    • Cost Competitive: Compostability often entails higher costs, but at NEXE Innovations, our solution is designed to be environmentally friendly and competitively priced compared to plastics and other alternative material solutions.

    Recent Company Highlights

    Announced three different partnerships:

    • ecoBeans: This West Coast brand is available in retail locations and distributed in the office coffee services (OCS) space.
    • Bridgehead Coffee: An established premium coffee company in Ontario with over 40 years of history, Bridgehead transitioned from another compostable pod to our NEXE pod. Bridgehead works with well-known retail and grocery chains, including Costco, Whole Foods, Sobey’s, and Farm Boy.
    • EKOCUPS: A high-volume online seller and Amazon retailer. This partnership will allow us to expand in the U.S. and build a strong foothold in the largest single-serve market. ~40 million U.S. households own a K-Cup* compatible single-serve brewing system.

    Future Products:

    • NEXE is working with two customers to test compostable pods for the Nespresso** OriginalLine. We expect to launch these pods later in 2025.
    • NEXE continues to invest in R&D and is working on additional sustainable products targeting various industries. Our proprietary resin may be an ideal fit in these industries, and the total addressable market for these industries is larger than that of the coffee pod market.

    Financial Position:

    • NEXE has a strong cash position to execute its strategy, work with large-scale coffee companies, and start building on opportunities outside the coffee space. At the end of fiscal Q2 2025, our total cash position was $14.5 million. 
    • NEXE has minimal debt. The current debt outstanding is $0.5 million, related to an interest-free government loan. NEXE’s commitments at the end of the quarter were $1.3 million, with minimal capex expected over the next two years.

    About NEXE Innovations Inc.
    NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material’s durability and is an ideal substitute for plastic.  The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE’s vertically integrated facility based in North America. Discover our innovative approach to sustainability at www.nexeinnovations.com and join our journey on social media @nexeinnovations. #compostablecoffeepods #sustainability #greentech

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    NEXE Innovations

    On behalf of the Company:
    Ash Guglani
    President & Director

    For investor relations, contact:
    Kam Mangat
    VP, Investor Relations & Corporate Strategy
    invest@nexeinnovations.com
    Office +1-604-359-4725
    Mobile +1-604-359-4742
    For media relations, contact: media@nexeinnovations.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    *NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Keurig®. Keurig® is a registered trademark of Keurig Dr Pepper Inc.

    **NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Nespresso®. Nespresso® is a registered trademark of Société des Produits Nestlé S.A.

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

    Cautionary Note Regarding Forward-Looking Statements
    Certain statements in this release are forward-looking statements or information, which include, but are not limited to, statements in respect of the potential benefits of the Nexe Pod including for premium coffee brands, potential launch of new coffee pods, continued investment in R&D, potential applications of proprietary resin to other industries and benefits of proprietary resin to Nexe’s business overall, the Company’s overall business strategy, increases in production and revenue, and the Company’s long-term growth and development plans. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, the Company’s ability to execute on its business strategy, the adoption of Nexe’s proprietary resin in other industries, and those risks set out in the Company’s management’s discussion and analysis for year ended May 31, 2024 under the headings “Risk and Uncertainties”. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include receipt of necessary approvals and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

    The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Small Cap Growth Virtual Investor Conference Agenda Announced for February 6th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Small Cap Growth Virtual Investor Conference to be held February 6th.

    Individual investors, institutional investors, advisors, and analysts are invited to attend.

    REGISTER NOW AT: https://bit.ly/3PUIzQM

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

    “We’re looking forward to hosting the Small Cap Growth Virtual Investor Conference this week, which will feature innovative companies across the OTC markets and major exchanges elaborating on their strategies and connecting directly with investors,” said Jason Paltrowitz, Executive Vice President at OTC Markets Group. “Many thanks to these companies and their great teams for their collaboration on this event.”

    February 6th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Media Contact: 
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Edge Total Intelligence to Present at the Small Cap Growth Virtual Investor Conference February 6th

    Source: GlobeNewswire (MIL-OSI)

    ARLINGTON, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (“edgeTI”, “Company”) (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i), based in DC Metro Area, focused on real-time digital twin software, today announced that Jim Barrett, CEO of edgeTI™, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on February 6th, 2025

    DATE: February 6th
    TIME: 12:30PM EST
    LINK: https://bit.ly/3PZaKOG
    Available for 1×1 meetings: February 7th and afternoon February 10 and 11th

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    About edgeTI

    edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applications and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform’s low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations — helping them achieve the impossible.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    edgeTI
    Nick Brigman
    Analyst and Press Relations
    Phone: 888-771-3343
    Email: ir@edgeti.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

  • MIL-OSI: Form 8.3 – Intelligent Ultrasound Group Plc

    Source: GlobeNewswire (MIL-OSI)

    8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Rathbones Group Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Intelligent Ultrasound Group Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 03/02/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p Ord
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 9,427,443 2.84%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 9,427,443 2.84%    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p Ordinary Shares Sale 35,000 12.77p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

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

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

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? No
    Date of disclosure: 04/02/2025
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

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

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

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

    The MIL Network –

  • MIL-OSI: Fengate expands retirement community portfolio with the acquisition of two new properties in British Columbia

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (‘Fengate’) is pleased to announce the successful close of two premier seniors housing properties in Vancouver, British Columbia. The acquisition marks Fengate’s and Seasons Retirement Communities’ (‘Seasons’) first venture into the British Columbia market, further growing its portfolio of retirement communities across Canada.

    The new properties, Seasons Arbutus Walk and Seasons Wesbrook Village, collectively offer 295 rental suites and 88 managed condominium suites located in two of Vancouver’s most sought-after neighbourhoods, offering residents easy access to parks, local amenities, and cultural attractions.

    Fengate and Seasons are managing this investment on behalf of their investors, including the LiUNA Pension Fund of Central and Eastern Canada (‘LPFCEC’).

    “We are proud to build on our legacy of empowering Canada’s seniors through market-leading housing that advances Seasons’ mission of affecting positive change in the lives of this vital and growing community,” said Joseph Mancinelli, International Vice President and Regional Manager for Central and Eastern Canada at LiUNA.

    “This acquisition is transformational for Fengate and Seasons as we build the foundation for our growth in British Columbia. Fengate and Seasons are well positioned to capitalize on the growing seniors’ demographic in this key strategic growth market and across Canada,” said Jaime McKenna, President Fengate Real Estate.

    “Seasons is pleased to continue to work with Fengate to diversify our portfolio of quality retirement communities,” said Michael Lavallée, Chief Executive Officer at Seasons Retirement Communities.

    “Our best-in-class management team is committed to collaborating with our communities to provide residents with a continuum of care within a warm, welcoming, and vibrant atmosphere that embodies the Seasons promise.”

    Established in 2009 by Fengate, Seasons Retirement Communities is a Canadian company that currently owns and operates 25 retirement communities across Ontario, Alberta, and British Columbia, with more developments underway. Seasons is dedicated to addressing the needs of Canada’s aging population by offering exceptional seniors housing and services.

    MEDIA CONTACT

    Matthew Ventura
    Director, Communications and Marketing, Real Estate
    Fengate Asset Management
    matthew.ventura@fengate.com
    416-432-6194

    About the LiUNA Pension Fund of Central and Eastern Canada

    Established in 1972, the LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) is one of the fastest growing multi-employer pension funds across Canada, voted top 10 pension funds by Benefits Canada. With a diverse investment portfolio and over $12 billion in assets, LPFCEC has yielded positive returns for the plan, great work opportunities for LiUNA members, and has created many needed institutions across North America through a broad range of investments. Learn more at lpfcec.org.

    About Fengate Asset Management

    Fengate is a leading alternative investment manager, with more than $40 billion of assets under management, focused on infrastructure, private equity, and real estate strategies. With offices and team members in Canada and the United States, Fengate has a proven track record of successful projects and partnerships and an established reputation as one of the most active real asset investors and developers in North America. Fengate Real Estate, a division of Fengate Asset Management, is a fully integrated real estate investment, development and asset management platform with a $20 billion portfolio, including a 25,000+ residential unit pipeline and 5M+ square feet of industrial space in varying stages of development. Learn more at fengate.com.

    About Seasons Retirement Communities

    Established in 2009, Seasons is a Canadian company that operates 15 retirement residences in Ontario, eight residences in Alberta, and two in British Columbia, with more under development. Our management team has extensive experience in the senior housing sector and has developed a culture dedicated to providing residents with superior customer service. At Seasons, we want our residents to feel proud to call us home and to know they are surrounded by people who genuinely care. Connect. Care. Change®.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/83e9e1fe-ce65-4988-aa79-2d431daa80e1
    https://www.globenewswire.com/NewsRoom/AttachmentNg/09619cb9-0b02-456e-aa3e-aaa24488aa2b

    The MIL Network –

  • MIL-OSI: Tactile Medical Expands Launch of Nimbl™ to Include Patients with Lower Extremity Lymphedema

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, Feb. 04, 2025 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today announced that Nimbl, its next-generation pneumatic compression platform, is now commercially available throughout the United States (U.S.) for the treatment of both upper and lower extremity lymphedema. Nimbl’s expanded availability to include lower extremity conditions (“phlebolymphedema”) follows its commercial introduction in October 2024, initially focused on treating patients suffering from upper extremity lymphedema.

    “On the heels of Nimbl’s launch for patients with upper extremity swelling, we are pleased to now expand access to the 16 million Americans with chronic swelling in the lower extremities,” said Sheri Dodd, Chief Executive Officer at Tactile Medical. “These patients require effective, convenient therapies to help manage their symptoms. With Nimbl, they now have access to a solution which embodies patient-focused innovation and reflects our commitment to serving patients and improving their care experience.”

    Nimbl is the smallest pneumatic compression device (PCD) of its kind, featuring a compact controller that is 68% lighter and 40% smaller than the Company’s current generation PCD. The lower extremity garment uses 94% less hosing, making the device easy to transport and manage. Nimbl is the only basic PCD with Bluetooth® connectivity, providing patients a way to track their treatments and symptom progress with the Company’s free Kylee™ digital application.

    “Nimbl for lower extremity lymphedema is intentionally designed as a user-friendly, patient-centric treatment option that is comfortable, clinically effective, and optimized for increased adherence,” said Tony Gasparis, MD, Chief Medical Officer at Tactile Medical. “Its physical dimensions and significant reduction in hose length afford patients the ability to more easily transport Nimbl around the home, or take it with them when traveling, providing an improved all around patient experience.”

    About Tactile Systems Technology, Inc. (DBA Tactile Medical)

    Tactile Medical is a leader in developing and marketing at-home therapies for people suffering from underserved, chronic conditions including lymphedema, lipedema, chronic venous insufficiency and chronic pulmonary disease by helping them live better and care for themselves at home. Tactile Medical collaborates with clinicians to expand clinical evidence, raise awareness, increase access to care, reduce overall healthcare costs and improve the quality of life for tens of thousands of patients each year.

    Investor Inquiries:
    Sam Bentzinger
    Gilmartin Group
    investorrelations@tactilemedical.com

    The MIL Network –

  • MIL-OSI: January Chapter 11 Commercial Filings Increase 16 Percent Over Last Year

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and ALEXANDRIA, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — There were 539 commercial chapter 11 filings recorded in January 2025, a 16 percent increase from the 465 commercial chapter 11s in January 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial bankruptcy filings rose 11 percent in January 2025, with the 2,358 filings ticking up from the 2,126 filings in January 2024. Small business filings, captured as subchapter V elections within chapter 11, increased 7 percent to 171 in January 2025, up slightly from 160 in January 2024.

    Total bankruptcy filings increased 13 percent to 41,492 in January 2025 from the 36,629 filings recorded in January 2024. Individual bankruptcy filings also increased 13 percent in January to 39,134, up from the January 2024 individual filing total of 34,503. There were 22,938 individual chapter 7 filings in January 2025, a 17 percent increase over the 19,580 filings recorded in January 2024, and there were 16,087 individual chapter 13 filings in January 2025, an 8 percent increase over the 14,873 filings last January.

    “Total bankruptcy filings continue to grow double digit percentages each month,” said Michael Hunter, Vice President of Epiq AACER. “The signs of consumer stress also have become more pronounced as credit card delinquency reach a 12-year high and the share of those active credit card holders making the minimum payments are at a 13-year high. I expect this growth trend to continue and then accelerate after tax season concludes into the summer months.”

    “The pace of year-over-year increases for both small business subchapter V elections and consumer chapter 13 filings continues to taper following the expiration last year of enhanced debt limits for both filing categories,” said ABI Executive Director Amy Quackenboss. “We look forward to continuing to work with Congress to provide the data and research needed to demonstrate how higher debt-eligibility limits for small businesses and individuals creates greater access and a more efficient process for families and businesses looking for a financial fresh start.”

    Compared to December, bankruptcy filings registered moderate fluctuations. Total bankruptcies increased 9 percent over December’s 38,130 filings, and consumer bankruptcies also edged up 9 percent over December’s total of 35,791. Individual chapter 7s increased 5 percent, and chapter 13s increased 17 percent, from December’s filings. Overall commercial filings increased 1 percent from the 2,339 filings registered in December. Conversely, commercial chapter 11s decreased 3 percent from December’s 553 filings, and subchapter V elections within chapter 11 decreased 9 percent from the 187 filed in December 2024.

    ABI has partnered with Epiq Bankruptcy to provide the most current bankruptcy filing data for analysts, researchers, and members of the news media. Epiq Bankruptcy is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Its Bankruptcy Analytics subscription service provides on-demand access to the industry’s most dynamic bankruptcy data, updated daily. Learn more at https://bankruptcy.epiqglobal.com/analytics.

    About Epiq
    Epiq, a global technology-enabled services leader to the legal industry and corporations, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at https://www.epiqglobal.com.

    About ABI 
    ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

    Press Contacts
    Carrie Trent
    Epiq, Director of Communications & Public Relations
    Carrie.Trent@epiqglobal.com

    John Hartgen
    ABI, Public Affairs Officer
    jhartgen@abi.org

    The MIL Network –

  • MIL-OSI: Melissa Alert Service Revolutionizes Active Data Quality with Real-Time Alerts

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, CALIF., Feb. 04, 2025 (GLOBE NEWSWIRE) — The critical nature of data accuracy has paved the way for Melissa’s newest data quality solution—the first of its kind to run automated checks giving businesses real-time insights into changes within their customer data. Melissa Alert Service is a transformative cloud-based contact management service (CMS) that promises to streamline operations, improve decision-making, and maintain the most accurate customer records for organizations across industries.

    “As an all-in-one hub for data storage, validation, and monitoring, Melissa Alert Service represents a dramatic shift in how businesses manage data quality,” said Bud Walker, Chief Information Officer at Melissa, a global leader in data quality and address management solutions. “By continuously monitoring and updating customer data, this service eliminates manual checks, reduces errors, and ensures businesses always have the most accurate and actionable customer insights at their fingertips.”

    Melissa Alert Service allows businesses to upload customer records, such as addresses and property data, into Melissa Vault, a secure cloud-based system. The Melissa Alert Service system continuously monitors these records against Melissa’s current data updates and automatically sends alerts when changes are detected. Whether it’s a change of address, updated property details, such as ownership transfers, the service empowers businesses to act on accurate data immediately.

    Key Features and Benefits of the Melissa Alert Service:

    • Live Notifications: Automatically alerts users to changes in their customer or property records, ensuring up-to-date and reliable data
    • Comprehensive Monitoring: Tracks an array of daily, weekly, monthly data updates, including National Change of Address (NCOA), property ownership, and address corrections
    • Scalable Solutions: Designed for businesses of all sizes, with flexible subscription tiers supporting up to one million records
    • Ease of Use: Offers seamless data uploads via FTP or API, enabling integration with CRM tools like HubSpot and other marketing platforms
    • Future-Proofing: Provides businesses with a scalable platform for ongoing data monitoring and future alert capabilities, including weather events, vacancies, and deceased monitoring

    “Whether you’re a marketing team managing campaigns or an insurance company monitoring properties, Melissa Alert Service provides unmatched convenience and accuracy,” said Phil Maitino, Chief Technology Officer at Melissa. “The service is flexible to accommodate user-scheduled jobs and data attributes required by your particular business—empowering businesses to focus on growth and customer satisfaction based on their specific needs.”

    Melissa is offering subscription-based pricing tailored to business needs, starting at just $95 annually for up to 10,000 records. Higher tiers accommodate businesses managing up to one million records, ensuring scalability for organizations of all sizes.
    For more information, access the Melissa Alert Service page, visit www.Melissa.com, or contact sales@Melissa.com.

    About Melissa
    Since 1985, Melissa has specialized in global intelligence solutions to help organizations unlock accurate data for a more compelling customer view. More than 10,000 clients worldwide in arenas such as retail, education, healthcare, insurance, finance, and government rely on Melissa for full spectrum data quality and ID verification software, including data matching, validation, and enhancement services to gain critical insight and drive meaningful customer relationships. For more information or free product trials, visit www.Melissa.com or call 1-800-MELISSA (635-4772).

    Media contacts
    Greg Brown
    Vice President, Global Marketing, Melissa
    greg.brown@Melissa.com
    +1-800-635-4772 x1130

    MPoweredPR for Melissa
    pr@mpoweredpr.com
    +1-877-794-6777

    The MIL Network –

  • MIL-OSI: Morris State Bancshares Announces Solid Earnings in 2024, Declares Special Dividend, and Increases Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ga., Feb. 04, 2025 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today reported its financial results for the quarter and year ended December 31, 2024. Year over year and quarter by quarter comparisons are included herewith.

    On January 29, 2025, the Company’s Board of Directors announced a 30.43% increase in its quarterly cash dividend, raising it to $0.12 per common share—an increase of $0.028 per share over the quarterly dividend of $0.092 paid in each of the prior quarters last year1. This dividend will be payable on or about March 14, 2025, to all shareholders of record as of February 15, 2025. In addition to this increase, the Board also approved a one-time special dividend of $0.15 per common share. This special dividend will be payable on or about March 21, 2025, to all shareholders of record as of February 15, 2025.

    “We are extremely pleased with the Company’s strong financial performance in 2024, achieving net earnings of $21.8 million. As the Federal Reserve pivoted during the year and decreased interest rates for the first time since March of 2020, our team effectively managed our net interest margin, closing the year at 4.06%—an increase of 8 basis points from the prior year end,” said Spence Mullis, Chairman and CEO. “At the bank level, we achieved a 1.68% return on average assets and a 12.74% return on average equity, closing the year with a leverage ratio of 12.84%, placing us in the top 10% of our FDIC peer group* in terms of capital strength. As mentioned in our third-quarter earnings release, given our strong capital position at both the bank and holding company and solid cash position at the holding company, we have the ability and plan to retire the remaining $15.0 million in subordinated debt when the window for retirement opens in July 2025. With our robust capital levels and strong earnings performance, we are well-positioned to capitalize on strategic opportunities and drive continued organic growth within our existing footprint while continuing to grow value for our shareholders through earnings and dividends.”

    Following is a summary of the quarterly and annual highlights:

    Fourth Quarter 2024 Highlights

    • Net income for the fourth quarter of 2024 was $6.1 million, compared to $5.4 million for the third quarter of 2024 and $5.9 million for the fourth quarter of 2023.
    • Diluted earnings per share for the fourth quarter of 2024 was $0.52, compared to $0.51 for the third quarter of 2024 and $0.56 for the fourth quarter of 2023.
    • Earnings before taxes for the fourth quarter of 2024 was $6.6 million, compared to $5.7 million for the third quarter of 2024 and $5.5 million for the fourth quarter of 2023.
    • Net loans in the fourth quarter of 2024 totaled $1.10 billion, versus $1.05 billion in the third quarter of 2024 and $1.06 billion at year end 2023.
    • Average cost of funds for the fourth quarter of 2024 was 206 basis points, compared to 218 basis points for the third quarter of 2024 and 192 basis points for the fourth quarter of 2023.
    • Return on average assets (annualized) at the bank level for the fourth quarter of 2024 was 1.79%, compared to 1.65% for the third quarter of 2024 and 1.84% for the fourth quarter of 2023.

    Full Year 2024 Highlights

    • Total assets remained level at $1.49 billion at December 31, 2024, compared to $1.44 billion at December 31, 2023.
    • Earnings before income taxes totaled $23.0 million at December 31, 2024 compared to $21.5 million at December 31, 2023.
    • Full year net income of $21.8 million in 2024, compared to $19.3 million in 2023.
    • Return on average assets at the bank level of 1.68% for the full year 2024, compared to 1.55% for 2023.
    • Diluted earnings per share of $2.72 in 2024, compared to $1.83 in 2023.
    • Total shareholders’ equity increased 9.81% or $17.5 million to $195.6 million at December 31, 2024, compared to $178.1 million at December 31, 2023.
    • Tangible book value per share of $17.45 at December 31, 2024, compared to $15.79 at December 31, 2023.
    • Net loans grew $52.1 million, or 4.96%, during 2024.
    • The Bank’s asset quality remains solid, ending the year with nonperforming assets to total loans and other real estate of 0.41%, past due and nonaccrual loans of 0.72% and net charge offs to average loans of 0.04% for 2024.
    • Bank-level efficiency ratio net of tax credit amortization expense was 53.30% in 2024, compared to 52.99% in 2023.

    *as defined in the FDIC’s Uniform Bank Performance Report

     Forward-looking Statements

    Certain statements contained in this release may not be based on historical facts and are forward-looking statements. These forward-looking statements may be identified by their reference to a future period or periods or by the use of forward-looking terminology such as “anticipate,” “believe,” “estimate,” “expect,” “may,” “might,” “plan,” “will,” “would,” “could” or “intend.” We caution you not to place undue reliance on the forward-looking statements contained in this news release, in that actual results could differ materially from those indicated in such forward-looking statements as a result of a variety of factors, including, among others, the business and economic conditions; risks related to the integration of acquired businesses and any future acquisitions; changes in management personnel; interest rate risk; ability to execute on planned expansion and organic growth; credit risk and concentrations associated with the Company’s loan portfolio; asset quality and loan charge-offs; inaccuracy of the assumptions and estimates management of the Company makes in establishing reserves for probable loan losses and other estimates; lack of liquidity; impairment of investment securities, goodwill or other intangible assets; the Company’s risk management strategies; increased competition; system failures or failures to prevent breaches of our network security; changes in federal tax law or policy; the impact of recent and future legislative and regulatory changes; and increases in capital requirements. We undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this news release. 

    1 Per share amounts for March 31, 2024 and previous quarters have been adjusted to reflect the April 22, 2024 4-for-1 stock dividend.

    MORRIS STATE BANCSHARES, INC.
    AND SUBSIDIARIES
                             
    Consolidated Balance Sheets
    December 31, 2024 and 2023
                             
                             
              December 31,   December 31,          
                2024       2023     Change   % Change  
              (Unaudited)   (Unaudited)          
      ASSETS                      
                             
      Cash and due from banks       $ 53,898,138     $ 51,060,389     $ 2,837,749     5.56 %  
      Federal funds sold         42,064,131       17,268,446       24,795,685     143.59 %  
      Total cash and cash equivalents         95,962,269       68,328,835       27,633,434     40.44 %  
                             
      Interest-bearing time deposits in other banks         100,000       100,000       —     0.00 %  
      Securities available for sale, at fair value         9,726,716       7,875,780       1,850,936     0.00 %  
      Securities held to maturity, at cost         215,836,502       240,205,635       (24,369,133 )   -10.15 %  
      Federal Home Loan Bank stock, restricted, at cost         1,032,800       1,029,600       3,200     0.31 %  
                             
      Loans, net of unearned income         1,116,074,659       1,063,772,222       52,302,437     4.92 %  
      Less-allowance for loan losses         (14,488,525 )     (14,291,923 )     (196,602 )   1.38 %  
      Loans, net         1,101,586,134       1,049,480,299       52,105,835     4.96 %  
                             
      Bank premises and equipment, net         12,780,014       13,188,353       (408,339 )   -3.10 %  
      ROU assets for operating lease, net         776,979       1,126,156       (349,177 )   -31.01 %  
      Goodwill         9,361,704       9,361,704       —     0.00 %  
      Intangible assets, net         1,338,964       1,679,989       (341,025 )   -20.30 %  
      Other real estate and foreclosed assets         21,898       3,611,235       (3,589,337 )   -99.39 %  
      Accrued interest receivable         7,278,258       6,424,090       854,168     13.30 %  
      Cash surrender value of life insurance         15,128,762       14,711,623       417,139     2.84 %  
      Other assets         22,674,658       25,321,092       (2,646,434 )   -10.45 %  
      Total Assets       $ 1,493,605,658     $ 1,442,444,391     $ 51,161,267     3.55 %  
                             
                             
      LIABILITIES AND SHAREHOLDERS’ EQUITY                      
                             
      Deposits:                      
      Non-interest bearing       $ 325,534,335     $ 316,224,444     $ 9,309,891     2.94 %  
      Interest bearing         939,354,005       909,976,336       29,377,669     3.23 %  
                1,264,888,340       1,226,200,780       38,687,560     3.16 %  
                             
      Other borrowed funds         19,019,372       27,151,283       (8,131,911 )   -29.95 %  
      Lease liability for operating lease         776,979       1,126,156       (349,177 )   -31.01 %  
      Accrued interest payable         2,111,093       1,059,226       1,051,867     99.31 %  
      Accrued expenses and other liabilities         11,206,717       8,773,430       2,433,287     27.73 %  
                             
      Total liabilities         1,298,002,501       1,264,310,875       33,691,626     2.66 %  
                             
      Shareholders’ Equity:                      
      Common stock         10,688,723       10,645,508       43,215     0.41 %  
      Paid in capital surplus         34,936,059       33,711,561       1,224,498     3.63 %  
      Retained earnings         130,111,050       115,232,196       14,878,854     12.91 %  
      Current year earnings         21,804,345       19,332,489       2,471,856     12.79 %  
      Accumulated other comprehensive income (loss)         1,422,709       1,968,846       (546,137 )   -27.74 %  
      Treasury Stock, at cost 95,498 shares         (3,359,729 )     (2,757,084 )     (602,645 )   21.86 %  
      Total shareholders’ equity         195,603,157       178,133,516       17,469,641     9.81 %  
                             
      Total Liabilities and Shareholders’ Equity       $ 1,493,605,658     $ 1,442,444,391       51,161,267     3.55 %  
                             
    MORRIS STATE BANCSHARES, INC.
    AND SUBSIDIARIES
                         
    Consolidated Statements of Income
    For the Years Ended December 31, 2024 and 2023
                         
                         
          December 31,   December 31,        
            2024       2023     Change   % Change  
          (Unaudited)   (Unaudited)          
      Interest and Dividend Income:                  
      Interest and fees on loans   $ 72,453,630     $ 62,157,217     $ 10,296,413     16.57 %  
      Interest income on securities     7,368,157       8,196,152       (827,995 )   -10.10 %  
      Income on federal funds sold     851,717       627,235       224,482     35.79 %  
      Income on time deposits held in other banks     1,699,224       1,214,072       485,152     39.96 %  
      Other interest and dividend income     183,239       255,689       (72,450 )   -28.34 %  
      Total interest and dividend income     82,555,967       72,450,365       10,105,602     13.95 %  
                         
      Interest Expense:                  
      Deposits     25,981,731       18,599,664       7,382,067     39.69 %  
      Interest on other borrowed funds     1,548,980       2,148,019       (599,039 )   -27.89 %  
      Interest on federal funds purchased     296       842       (546 )   -64.85 %  
      Total interest expense     27,531,007       20,748,525       6,782,482     32.69 %  
                         
      Net interest income before provision for loan losses     55,024,960       51,701,840       3,323,120     6.43 %  
      Less-provision for loan losses     556,913       450,475       106,438     23.63 %  
      Net interest income after provision for loan losses     54,468,047       51,251,365       3,216,682     6.28 %  
                         
      Noninterest Income:                  
      Service charges on deposit accounts     2,164,988       2,143,550       21,438     1.00 %  
      Other service charges, commissions and fees     1,553,493       1,589,747       (36,254 )   -2.28 %  
      Gain on sales of foreclosed assets     —       —       —     0.00 %  
      Gain on sales and calls of securities     182       —       182     0.00 %  
      Gain on sale of loans     —       —       —     —    
      Increase in CSV of life insurance     417,139       378,079       39,060     10.33 %  
      Other income     644,868       606,754       38,114     6.28 %  
      Total noninterest income     4,780,670       4,718,130       62,540     1.33 %  
                         
      Noninterest Expense:                  
      Salaries and employee benefits     19,050,416       17,414,685       1,635,731     9.39 %  
      Occupancy and equipment expenses, net     2,223,832       2,250,663       (26,831 )   -1.19 %  
      (Gain) Loss on sales of foreclosed assets and other real estate     9,681       321,783       (312,102 )   0.00 %  
      Loss on sales of premises and equipment     —       54,269       (54,269 )   -100.00 %  
      Tax credit amortization expense     2,920,825       2,733,248       187,577     6.86 %  
      Other expenses     12,040,179       11,713,425       326,754     2.79 %  
      Total noninterest expense     36,244,933       34,488,073       1,756,860     5.09 %  
                         
      Income Before Income Taxes     23,003,784       21,481,422       1,522,362     7.09 %  
      Provision for income taxes     1,199,439       2,148,933       (949,494 )   -44.18 %  
                         
      Net Income   $ 21,804,345     $ 19,332,489       2,471,856     12.79 %  
                         
                         
      Earnings per common share:                  
      Basic   $ 2.72     $ 1.83       0.89     48.63 %  
      Diluted   $ 2.72     $ 1.83       0.89     48.63 %  
                         
                         
      Per share amounts for December 31, 2023 has been adjusted to reflect the April 22, 2024 4-for-1 stock dividend.
       
    MORRIS STATE BANCSHARES, INC.
    AND SUBSIDIARIES
                                         
    Selected Financial Information
                                         
                                         
              Year Ending   Quarter Ended
              December 31, December 31,     December 31,   September 30,   June 30,   March 31,   December 31,
                2024     2023         2024         2024       2024       2024       2023  
      (Dollars in thousand, except per share data)       (Unaudited) (Unaudited)     (Unaudited)     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)
                                         
      Per Share Data                                  
      Basic Earnings per Common Share       $ 2.72   $ 1.83       $ 0.52       $ 0.51     $ 0.50     $ 0.46     $ 0.56  
      Diluted Earnings per Common Share         2.72     1.83         0.52         0.51       0.50       0.46       0.56  
      Dividends per Common Share         0.368     0.352         0.092         0.092       0.092       0.092       0.088  
      Book Value per Common Share         18.46     16.84         18.46         17.99       17.56       17.20       16.84  
      Tangible Book Value per Common Share         17.45     15.79         17.45         16.97       16.53       16.17       15.79  
                                         
                                         
      Average Diluted Shares Outstanding         10,603,218     10,582,377         10,596,432         10,602,348       10,611,811       10,582,377       10,582,820  
      End of Period Common Shares Outstanding         10,593,225     10,582,219         10,593,225         10,596,345       10,605,080       10,582,218       10,581,052  
                                         
      Selected Balance Sheet Data (Bank Only)                                  
      Net Loans       $ 1,101,586   $ 1,049,480       $ 1,101,586       $ 1,048,418     $ 1,023,367     $ 1,040,412     $ 1,063,772  
      Non-Interest Bearing Deposits         347,929     315,953         347,929         336,698       339,177       346,232       339,785  
      Interest Bearing Demand Deposits         260,371     286,112         260,371         249,649       243,744       260,624       270,473  
      Savings & Money Market Deposits         402,641     393,139         402,641         401,234       422,048       441,911       444,170  
      Time Deposits         276,898     231,692         276,898         211,590       193,110       175,534       161,933  
                                         
      Earnings Summary                                  
      Net Interest Income         55,025     51,701         14,496         13,998       13,569       12,963       12,934  
      Provision for Credit Losses         557     450         28         252       272       5       242  
      Non-Interest Income         4,781     4,718         1,076         1,106       1,392       1,208       1,098  
      Non-Interest Expense         36,245     34,488         8,934         9,142       9,047       9,123       8,275  
      Earnings before Taxes         23,004     21,481         6,610         5,710       5,641       5,043       5,515  
      Income Taxes         1,199     2,149         465         263       319       152       (416 )
      Net Income         21,804     19,332         6,144         5,447       5,322       4,891       5,931  
                                         
      Annualized Performance Ratios (Bank Only)                                  
      Return on Average Assets         1.68 %   1.55 %       1.79 %       1.65 %     1.73 %     1.55 %     1.84 %
      Return on Average Equity         12.74 %   12.25 %       13.69 %       12.37 %     13.12 %     11.74 %     14.11 %
      Equity/Assets         12.84 %   13.07 %       12.84 %       13.23 %     13.18 %     13.09 %     13.07 %
      Cost of Funds         2.12 %   1.57 %       2.06 %       2.18 %     2.16 %     2.09 %     1.92 %
      Net Interest Margin         4.06 %   3.98 %       4.17 %       4.10 %     4.02 %     3.95 %     3.97 %
      Efficiency Ratio         58.27 %   57.51 %       54.21 %       58.90 %     58.36 %     61.92 %     55.17 %
      Efficiency Ratio Net of Tax Credit Amortization Expense   53.30 %   52.99 %       49.45 %       53.96 %     53.40 %     56.68 %     50.90 %
      Nonperforming Assets to Total Loans and Other Real Estate   0.41 %   0.58 %       0.41 %       0.46 %     0.39 %     0.28 %     0.58 %
      Past Due and Nonaccural Loans Ratio         0.72 %   0.65 %       0.72 %       1.01 %     0.68 %     0.73 %     0.65 %
      Net Chargeoffs to Average Loans         0.04 %   0.01 %       0.01 %       0.03 %     0.02 %     0.00 %     0.33 %
                                         
                                         
      Shares outstanding and per share amounts for March 31, 2024 and prior quarters have been adjusted to reflect the April 22, 2024 4-for-1 stock dividend.
                                         

    The MIL Network –

  • MIL-OSI: D. Boral Capital Announces Approval as a Nasdaq Member

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — D. Boral Capital, a premier Global Investment Bank focused on high-quality mid-market and growth issuers announces its approval as a Limited Underwriting Member of the Nasdaq Stock Market, one of the largest and most active securities exchanges in the world. As of February 3, 2025, D. Boral Capital was officially accepted, and this approval enables it to act as a principal lead underwriter under Nasdaq Listing Rule 5210(m).

    D. Boral Capital’s membership in Nasdaq represents a significant milestone in the firm’s growth and evolution. As a lead underwriter for IPOs, this achievement enhances our ability to execute high-profile investment banking transactions and solidifies its position for continued growth and influence within the financial services sector.

    David W. Boral, Founder & CEO, states: “D. Boral Capital’s joining Nasdaq marks a significant milestone for the firm, highlighting steadfast dedication to providing outstanding services to our clients. This achievement grants us access to a platform renowned for its innovation, efficiency, and global presence—principles that deliver unmatched insight and value to both our client issuers and investors.”

    D. Boral Capital’s Nasdaq membership follows a period of significant growth, further reinforcing the firm’s dedication to ongoing innovation and excellence. D. Boral Capital looks forward to leveraging this membership to expand our capabilities and provide even greater value for our clients.

    About D. Boral Capital
    D. Boral Capital is a premier, relationship-driven global investment bank headquartered in New York. The firm is dedicated to delivering exceptional strategic advisory and tailored financial solutions to middle-market and emerging growth companies. With a proven track record, D. Boral Capital provides expert guidance to clients across diverse sectors worldwide, leveraging access to capital from key markets, including the United States, Asia, Europe, the UAE, and Latin America.

    A recognized leader on Wall Street, D. Boral Capital has successfully aggregated over $23 billion in capital since its inception in 2020, executing approximately 300 transactions across a broad range of investment banking products.

    Safe Harbor Statement
    This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” and “plan” and similar expressions indicate forward-looking statements.

    Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change.

    The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

    A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    Contact Us:
    D. Boral Capital
    590 Madison Avenue
    New York, NY 10022
    Main Phone: +1 (212) 970-5150
    www.dboralcapital.com
    info@dboralcapital.com

    The MIL Network –

  • MIL-OSI: 2025 Best of Legal™ Award Winners Achieve Superior Ratings for Client and Employee Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for law firms, announced the winners of their inaugural Best of Legal™ award today on ClearlyRated.com.

    “The remarkable achievements of our 2025 Best of Legal winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the legal industry.”

    The 2025 Best of Legal award program recognizes client and employee satisfaction leaders in the legal industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of Legal award.

    According to ClearlyRated’s latest survey data, 2025 Best of Legal winners have a Net Promoter® Score 90% higher than the industry average. Fewer than 1% of all law firms in the U.S. and Canada achieve Best of Legal for client or employee satisfaction.

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for law firms and other professional service providers. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of Legal
    ClearlyRated’s Best of Legal Award is the only award in the U.S. and Canada that recognizes law firms that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: Duck Creek Technologies Launches End-to-End Payments Marketplace and New Integration with Paymentus

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces the launch of its Payments Marketplace, a comprehensive payments ecosystem purpose-built for the global insurance industry. The Duck Creek Payments Marketplace offers seamless integration with trusted payment providers and delivers end-to-end payment management for carriers. Duck Creek announced a significant partnership with Paymentus, (NYSE: PAY), a leading provider of digital payment solutions to our marketplace for ease of integration. This partnership brings billions in payment volume to the Payments Marketplace. Together, Duck Creek and Paymentus will serve several global Top 10 insurance carriers as well as large regional insurers as customers. 

    Leveraging the Duck Creek Payments Orchestrator, the Payments Marketplace accelerates payment integration timelines to as little as one to two weeks—a significant improvement over the nine to 18 months typically required for direct integrations. Notably, the integration process leverages Duck Creek Payments Orchestrator, offering carriers rapid connectivity without requiring years of orchestration readiness. Duck Creek Payments Orchestrator connects insurers to global payment technologies and providers, supporting both collections and payouts, regardless of existing IT infrastructure.

    “Duck Creek continues to innovate with the launch of our Payments Marketplace, which represents a major leap forward in insurance technology and delivers security-focused, seamless payment processing for carriers and their customers,” said Allan Lacoste, Chief Payments Officer at Duck Creek Technologies. “Through strategic partnerships with industry leaders like Paymentus, we’re building a robust ecosystem that empowers carriers with both payment flexibility and reliability.”

    Carriers benefit from continuous updates, robust redundancy, and enhanced customer experiences. Payments Marketplace prioritizes best practices, certifications, and a thorough vetting process for all partners. This includes adherence to rigorous security standards and seamless compatibility with Duck Creek’s SaaS core systems.

    “Through our partnership with Duck Creek, we can deliver our best-in-class electronic billing and payment solutions to a larger, more global customer base,” said Jerry Portocalis, Chief Commercial Officer of Paymentus Holdings, Inc. “Together, we’ll realize our common goal to simplify payments for carriers and help them deliver the best customer experiences for their customers.”

    About Duck Creek Technologies  
    Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.   

    Media Contacts:  
    Marianne Dempsey/Tara Stred  
    duckcreek@threeringsinc.com  

    The MIL Network –

  • MIL-OSI: REC Solar Appoints Colin Temme to General Counsel

    Source: GlobeNewswire (MIL-OSI)

    SAN LUIS OBISPO, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — REC Solar, a leading nationwide developer of on-site solar and storage projects, has hired Colin Temme as General Counsel. Temme brings over a decade of experience in renewable energy, sustainable infrastructure and project finance and will provide legal advice and guidance to the Company as it grows its footprint and customer base across the U.S.

    Temme joins REC Solar from Generate Capital, where he served as Associate General Counsel, structuring and negotiating mergers, acquisitions and project financing for community solar and fuel cell assets. He also led debt and equity investment strategies supporting sustainable infrastructure development, spanning community and utility-scale solar, microgrids, energy efficiency and fiber networks. Before that, Temme was Assistant General Counsel at The AES Corporation, where he played a key role in structuring and negotiating distributed generation solar and solar-plus-storage projects. He also built and led a legal team dedicated to AES’ distributed generation solar business.

    “Colin is a terrific addition to the REC Solar team and its leadership. His experience in renewable energy and sustainable infrastructure, combined with his proven track record in legal leadership, will be a huge asset as we continue to grow in the solar industry,” said Robb Jetty, CEO of REC Solar. “We’re confident his expertise will help us navigate opportunities and challenges ahead to deliver even more value to our customers.”

    “I am thrilled to join the REC Solar team to help grow the business and shape its future,” said Colin Temme, General Counsel. “From my first interactions with REC Solar, I was drawn to the company’s strategy, direction and culture. The leadership team’s vision aligns with my professional experience, and I am excited to contribute from day one while embracing new challenges in this role.”

    This appointment is pivotal for REC Solar as it grows its business in tandem with the U.S. solar market and navigates a new policy environment. With energy demand rising by 2% annually, experts predict that the U.S. solar industry will grow by 34% in 2025 and by 17% in 2026.

    About REC Solar
    Founded in 1997, REC Solar is a trusted leader in solar energy integration, delivering high-quality solar and energy storage solutions to businesses, universities, municipalities and more. REC Solar offers a seamless experience, from zero-upfront-cost financing to long-term ownership, operation and maintenance of solar projects. With decades of expertise, REC Solar is committed to providing every customer the same integrity and high-quality solutions and services that have made it a trusted solar company for the past 25+ years. Learn more about REC Solar at recsolar.com.

    Media inquiries:
    recsolar@fischtankpr.com

    The MIL Network –

  • MIL-OSI: authID’s Biometric Identity Platform Selected by Salus to Secure Its Financial Services Solutions for the Underprivileged

    Source: GlobeNewswire (MIL-OSI)

    Microlending platform Salus will leverage authID’s technology to provide applicants with intuitive and data-secure authentication

    DENVER, Feb. 04, 2025 (GLOBE NEWSWIRE) — authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced it has been chosen by Salus, an inclusive microlending platform servicing underprivileged communities, for onboarding and authentication of applicants while protecting user privacy and maintaining compliance with regulatory requirements.

    “Our goal in choosing authID was to provide the most advanced and seamless user experience for our customers, and the best outcome for our partners,” said James Chemplavil, CEO of Salus. “In order to have that best-in-class experience for the populations we service, we need fast, friendly, accurate verification, and that’s precisely what we get with authID. Their solutions for onboarding and authenticating applicants help our partners build the mutual trust they need with their own members, in order to fulfill our joint mission to bring financial stability to people who have little access to traditional banking.”

    Salus was launched in 2023 to partner with credit unions for providing credit to lower income, thin-file, and typically younger constituents. It provides a digital platform that helps credit unions create financial access and wellness for over 120 million young, under-served adults without prime credit scores. Their technology integrates with existing platforms for automated underwriting and data analysis to complement credit histories, allowing their customers to more confidently make loans to underbanked members.

    “We are thrilled to add Salus to our portfolio of customers whose mission in life is to serve individuals who struggle with traditional banking processes,” said Rhon Daguro, CEO of authID. “We greatly admire the institutions within our customer base who help underprivileged citizens participate more fully in the economy. We also recognize that they need to quickly and accurately onboard as many legitimate applicants as possible, while deflecting any criminals, deepfakes, and frauds who might try to take advantage of their services.”

    In choosing authID for identity verification, Salus examined a variety of vendors in the space and found authID’s solutions for biometric verification and authentication to be best in class for aiding their credit union partners in identifying credit applicants. Previous solutions dependent on probabilistic fraud signals did not provide a guided user experience for satisfactory outcomes, whereas authID brings a deterministic validation of identity in identifying online participants.

    “With our delivery of speed, accuracy, privacy protection, and commitment to compliance, we are the future of identity verification and authentication,” added Daguro. “We are more than pleased to bring that level of performance to our partnership with Salus and help them in their mission to broaden access to financial participation. This is another example of how our clients leverage our technology to securely expand their own customer portfolios.”

    About authID
    authID® (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, FIDO2 passwordless login, and biometric authentication and account recovery, with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and the more accurate user identity experience demanded by today’s digital ecosystem. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover.

    About Salus

    Salus is a fintech organization that empowers credit unions with solutions and data services to aid in improving the financial wellbeing of underprivileged and underbanked communities. Their platform enables frictionless integrations with credit unions’ systems to eliminate manual review and the hurdles of credit checks while automating the underwriting process and delivering financial services to individuals who are otherwise unable to access traditional credit.

    Media Contacts

    NextTech Communications
     Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    Gateway Group, Inc.
    Cody Slach and Alex Thompson
    1-949-574-3860
    AUID@gateway-grp.com

    The MIL Network –

  • MIL-OSI: YPrime Releases Reimagined eCOA Automated Data Change Form for More Efficient Clinical Trial Data Management

    Source: GlobeNewswire (MIL-OSI)

    MALVERN, Pa., Feb. 04, 2025 (GLOBE NEWSWIRE) — YPrime, the leading pioneer in clinical trial technology, today announced the launch of its groundbreaking electronic clinical outcome assessment (eCOA) Automated Data Change Form (DCF). This innovative solution, integrated into YPrime’s latest eCOA 7.x release, transforms how clinical trial sites manage and control their data, offering unprecedented efficiency and accuracy.

    A 2024 survey of eCOA professionals at sponsor organizations revealed that 50% of respondents identified eCOA Data Change Capabilities as a top 3 pain point1. YPrime’s reimagined automated DCF solution, part of its industry-leading 7.x eCOA platform, tackles this challenge head-on by automating data changes, significantly reducing the need for manual interventions that may delay trials and decrease quality by introducing errors. This automated system empowers site staff to execute edits in minutes rather than days or weeks, minimizing disruptions to ongoing studies and enhancing data integrity through advanced validation and edit checks with fully accessible audit trails.

    “Our reimagined Automated Data Change Form as part of our 7.x eCOA platform represents a significant advancement in clinical trial data management,” said Mike Hughes, Chief Product Officer at YPrime. “This tool is particularly valuable in today’s unique environment, where there’s increasing pressure to enhance efficiency and meet aggressive timelines while maintaining scientific rigor and data integrity. Our user experience (UX) researchers worked closely with site staff to ensure this solution meets their needs. It significantly reduces their workload and frustration, allowing them to focus more on patient care and less on administrative tasks.”

    Key Benefits of YPrime’s reimagined Automated DCF for eCOA:

    • Rapid Execution and Customization. Sites can rapidly execute changes with automated approval processes, while sponsors can tailor workflows per DCF type and study, boosting efficiency.
    • Enhanced Data Control and Integrity. Sites maintain ownership over their data, with seamless updates and comprehensive audit trails preserving data quality.
    • Error Reduction and Time Savings. Advanced validation and edit checks maintain high data standards, allowing site staff to execute edits in minutes rather than days, minimizing disruptions to ongoing studies.

    “Automating the data change process will be a game-changer for sites,” explained Alexandria Clark, BSE, CCRC, Owner of One of a Kind Clinical Research Center. “It will eliminate a time-consuming pain point and ensure we can focus more on patient care rather than administrative tasks.”

    The new DCF capability is the latest in a series of advancements included in YPrime’s eCOA 7.x, a configurable platform that has the capability to deliver study launches 47% faster than the industry average. Other recently introduced patient-focused functionalities include a glucometer/eCOA integration and the Tender Swollen Joint Count (TSJC) assessment. The company’s innovation in clinical trials has been externally recognized with the Trailblazer award from Everest Group‘s Clinical Trial Patient Engagement Products Assessment.

    YPrime eCOA supports both complex and simple studies, delivering unparalleled benefits to patients, sites, and sponsors alike. Learn more about YPrime’s advanced, 100% configurable, multi-tenant eCOA platform by visiting the YPrime website.

    About YPrime
    YPrime simplifies clinical trials with eCOA, IRT, and eConsent solutions that combine speed, flexibility, and quality. The YPrime eCOA platform enhances patient compliance with an intuitive app and easy-to-use design, streamlines site workflows through a powerful eCOA portal, integrates seamlessly with connected devices, and supports sponsors with real-time dashboards for better decision-making. A pre-validated and configurable eCOA platform delivers study startup 47% faster than industry benchmarks, with AI-supported localization that accelerates globalization. Delivering ~50% faster IRT startup times, eConsent that drives engagement, and quality metrics 55% above industry standards, YPrime is trusted by top pharma leaders and emerging biotech companies alike. With nearly two decades of experience, solutions in 250+ languages, and support in 100+ countries, YPrime is your partner in solving for certainty. Visit www.yprime.com or email marketing@yprime.com.

    Media Contact        
    Terry Rehm
    Head of Thought Leadership and Public Relations, YPrime
    trehm@yprime.com
    862-288-0329

    Citations
    1 Bustos, Drew and Hughes, Mike. eCOA Trends for Today and Tomorrow. January 2024. https://www.yprime.com/ecoa-trends-for-today-and-tomorrow/

    The MIL Network –

  • MIL-OSI: 2025 Best of HR Services™ Award Winners Achieve Superior Ratings for Client Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for HR Services firms, announced the winners of their 7th annual Best of HR Services™ award today on ClearlyRated.com.

    “The remarkable achievements of our 2025 Best of HR Services winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the HR services industry.”

    The 2025 Best of HR Services award program recognizes client satisfaction leaders in the outsourced HR services industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of HR Services award.

    According to ClearlyRated’s latest survey data, 2025 Best of HR Services winners have a Net Promoter® Score that is 50% higher than the industry average. Fewer than 1% of all outsourced HR services firms in the U.S. and Canada achieve Best of HR Services.

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for HR service firms and other professional service providers. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of HR Services
    ClearlyRated’s Best of HR Services Award is the only award in the U.S. and Canada that recognizes HR service firms that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: 2025 Best of Insurance™ Award Winners Achieve Superior Ratings for Client Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, a leading provider of client and employee satisfaction surveys and service quality research for professional service providers in the U.S. and Canada, announced the winners of their second annual Best of Insurance™ award today on ClearlyRated.com.

    The 2025 Best of Insurance award recognizes service leaders in the insurance industry based exclusively on satisfaction ratings provided by their clients. Utilizing a transparent, validated, and unbiased approach to measuring the client experience, Best of Insurance winners have proven that the service they deliver outpaces the rest of the industry. Clients who work with the 2025 Best of Insurance winners are 50% more likely to be completely satisfied with the services provided than the 2024 industry average. Fewer than 1% of all insurance firms in the U.S. and Canada achieve Best of Insurance.

    “The remarkable achievements of our 2025 Best of Insurance winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the insurance industry.”

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for commercial insurance brokers and other professional service firms. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of Insurance
    The Best of Insurance Award is the only award in the U.S. and Canada that recognizes commercial insurance providers that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: 2025 Best of Accounting™ Award Winners Achieve Superior Ratings for Client and Employee Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for accounting firms, announced the winners of their 12th annual Best of Accounting™ award today on ClearlyRated.com.

    “The remarkable achievements of our 2025 Best of Accounting winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the accounting industry.”

    The 2025 Best of Accounting award program recognizes client and employee satisfaction leaders in the accounting industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of Accounting award.

    According to ClearlyRated’s latest survey data, clients of 2025 Best of Accounting winners for client satisfaction are 60% more likely to be completely satisfied with the services provided than the 2024 industry average. Fewer than 1% of all accounting firms in the U.S. and Canada achieve Best of Accounting for client or employee satisfaction.

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for accounting and other professional service providers. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of Accounting
    ClearlyRated’s Best of Accounting Award is the only award in the U.S. and Canada that recognizes public accounting firms that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com/accounting—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    Stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: 2025 Best of IT Services™ Award Winners Achieve Superior Ratings for Client and Employee Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for IT Services firms, announced the winners of their inaugural Best of IT Services™ award today on ClearlyRated.com.

    “The remarkable achievements of our 2025 Best of IT Services winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the IT services industry.”

    The 2025 Best of IT Services award program recognizes client and employee satisfaction leaders in the IT services industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of IT Services award.

    According to ClearlyRated’s latest survey data, clients of 2025 Best of IT Services winners for client satisfaction are 70% more likely to be completely satisfied with the services provided than the 2024 industry average. Fewer than 1% of all accounting firms in the U.S. and Canada achieve Best of IT Services for client or employee satisfaction.

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for IT and other professional service providers. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of IT Services
    The Best of IT Services Award is the only award in the U.S. and Canada that recognizes IT services firms that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: 2025 Best of Staffing® Award Winners Achieve Superior Ratings for Client, Talent, and Employee Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated, the leading provider of client, talent, and employee satisfaction surveys and service quality benchmarking for staffing firms, announced the winners of their 15th annual Best of Staffing® award winners today on ClearlyRated.com.

    “The remarkable achievements of our 2025 Best of Staffing winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the staffing & recruiting industry.”

    The 2025 Best of Staffing award recognizes client, placed talent, and employee satisfaction leaders in the staffing industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients, placed talent, and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of Staffing award.

    According to ClearlyRated’s latest survey data, clients of these winning staffing and recruiting agencies are 50% more likely to report complete satisfaction with the services provided, compared to the industry average for 2024. Similarly, candidates placed by these agencies experience 60% more satisfaction than the 2024 industry average.

    About ClearlyRated
    ClearlyRated administers more staffing agency and talent satisfaction surveys than any other firm in the world, reporting on more than 1.2 million satisfaction surveys from staffing agency clients, job seekers, and internal staff each year. ClearlyRated’s online survey platform helps firms utilize the Net Promoter® Score methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of Staffing
    ClearlyRated’s Best of Staffing® Award is the only award in the U.S. and Canada that recognizes staffing agencies that have proven superior service quality based entirely on ratings provided by their clients, placed talent, and internal employees. Award winners are showcased by city and area of expertise on http://clearlyrated.com/staffing—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    Stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    FORT WAYNE, Ind., Feb. 04, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2024 earnings at 8:00 am ET on Tuesday, February 18, 2025. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter and fiscal year 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to:

    https://edge.media-server.com/mmc/p/9jnstij5

    For those interested in participating in the question-and-answer portion of the call, please register for the call at the link below.

    https://register.vevent.com/register/BI4b232e4ceea6435ba8f046e92e18e563

    All registrants will receive dial-in information and a PIN allowing them to access the live call. 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).

    A replay of the conference call will be available from Tuesday, February 18, 2025, through 9:00 am ET on Tuesday, February 25, 2025, by visiting the listen-only webcast link above.

    About Franklin Electric
    Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be named in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024 and America’s Climate Leaders 2024 by USA Today.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2023, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

    CONTACT: Jeff Taylor
    Franklin Electric Co., Inc.
    260.824.2900

    The MIL Network –

  • MIL-OSI: Seven in Ten Companies Plan to Increase Retail Media Budgets, But Scale and Measurement Remain Key Barriers

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 04, 2025 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) announced today newly commissioned research by The Path to Purchase Institute (P2PI), the 2025 Annual Trends Study, highlighting continued growth in retail media investment alongside persistent challenges in optimizing these platforms. The study reveals that 70% of companies plan to increase their retail media budgets in 2025. However, persistent challenges such as scale, targeting, and measurement remain key obstacles to broader growth across the retail industry.

    “Retail media is undeniably reshaping the way brands connect with shoppers, but proving its value isn’t always straightforward,” said Mark Rose, senior director, market strategy for TransUnion’s retail business. “Brands face challenges with targeting and measurement consistency across retailers, as well as comparing ROI across retail media and other digital media channels. The key is solving these challenges with the development of aligned best practices to broaden participation in retail media growth industry-wide.”

    Brands are optimistic on the future of retail media
    Eighty percent (80%) of marketers recognize the value of retail media, saying it is as effective or more effective than other digital channels. Whereas annual trade budgets have traditionally formed the basis for retail media budgets, the survey found that 70% of retail media spending was incremental to those annual budgets.

    Accordingly, respondents reported that retail media spending was less likely to come from trade budgets (decreasing from 26% of retail media spending in 2024 to 20% in 2024) and increasingly from media budgets (increase from 74% of retail media spending in 2023 to 80% in 2024). 

    Identifying room for improvement
    However, gaps in measurement and ROI attribution across retailers remain critical barriers. The study identifies key priorities for marketers to address these issues, including: 

    • 88% seek proof of sales lift and ROI from campaigns 
    • 45% prioritize comparable cross-retailer measurement and attribution 
    • 42% call for standardized metrics and definitions 
    • 39% emphasize the need for offline and online attribution 

    The research found significant differences in retail media networks across the industry. On average, brands were 3.4x more likely to rate the largest national retailer platforms as Excellent or Very Good in capabilities related to scale, targeting, and measurement.

    “As retailers adopt industry standards they will see improved ratings,” added Rose. “However, retailers beyond the largest national platforms will also need to simplify and streamline how brands can partner with them for large-reach national campaigns.” 

    Areas in Which Retailers are Rated as Having Very Good or Excellent Capabilities

    Retailer Type Traffic-driving Targeting Measurement Sales Growth ROI
    National Platforms 45% 50% 49% 43% 42%
    Broader Retail
    Industry*    		 15% 16% 11% 13% 15%

    *National and regional retailers excluding the national platforms

    According to the report, brands currently work with an average of eight retail media networks, with nearly half (49%) engaging with no more than five networks. National retailer platforms lead in adoption, reflecting their competitive advantage in targeting, traffic-driving, and measurement capabilities. 

    “Retail media can reshape how brands connect with consumers, but we must address its challenges head-on to ensure its actual growth meets projections, and in a way that enables broad participation across the retail industry,” Rose concluded. “Focus on scale, targeting, and measurement is key to unlocking its full potential for everyone involved.”

    Explore the full findings of the 2025 Annual Trends Study and learn how these insights can inform your strategy.

    Click here for more information about TransUnion’s TruAudience® marketing solutions.

    About the 2025 Annual Trends Study
    The 2025 Annual Trends Study was conducted by the Path to Purchase Institute between August 26 and October 9, 2024, surveying 67 professionals working with retailer media networks. The study focuses on trends in retail media investment, engagement, and performance, offering actionable insights for brands and retailers.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

       
    Contact     Dave Blumberg
      TransUnion
    E-mail david.blumberg@transunion.com
       
    Telephone 312-972-6646
       

    The MIL Network –

  • MIL-OSI: 2025 Best of RPO™ Award Winners Achieve Superior Ratings for Client Experience

    Source: GlobeNewswire (MIL-OSI)

    PORTLAND, Ore., Feb. 04, 2025 (GLOBE NEWSWIRE) — ClearlyRated®, a leading provider of client and employee satisfaction surveys and service quality research for professional service providers in the U.S. and Canada, announced the winners of their 5th annual Best of RPO™ award today on ClearlyRated.com/.

    “The remarkable achievements of our 2025 Best of RPO winners deserve the highest recognition,” said ClearlyRated CEO, Baker Nanduru. “These industry leaders have proven through independently verified service ratings that excellence isn’t just a goal—it’s their standard operating procedure. As we celebrate this year’s honorees, we’re inspired by their commitment to consistently delivering exceptional experiences that shape the future of the RPO industry.”

    The 2025 Best of RPO award program – supported by the Recruitment Process Outsourcing Association (the RPOA) – recognizes client and employee satisfaction leaders in the recruitment process outsourcing industry. Participating firms use the Net Promoter® Score (NPS®) methodology to collect feedback and measure satisfaction of their clients and/or internal employees. Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2025 Best of RPO award.

    According to ClearlyRated’s latest survey data, 2025 Best of RPO winners have a Net Promoter® Score that is over 50% higher than the industry average.

    About ClearlyRated
    ClearlyRated is a leading provider of client satisfaction surveys and service quality research for RPOS, HR service firms, and other professional service providers. We help firms leverage the Net Promoter® Score survey methodology to gain deep insights, identify strengths and weaknesses, fuel data-driven action, build reputation and future-proof their organizations with third-party validation.

    About Best of RPO
    ClearlyRated’s Best of RPO Award is the only award in the U.S. and Canada that recognizes RPO firms that have proven superior service quality based entirely on ratings provided by their clients. Award winners are showcased by city and area of expertise on ClearlyRated.com—an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated client ratings and testimonials.

    Net promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain & Company, and Fred Reichheld.

    Contact
    Stephen Banbury, VP of Marketing
    P (503) 977-6295
    stephen.banbury@clearlyrated.com

    The MIL Network –

  • MIL-OSI: Sunrun’s Power Plant Programs Complete Successful 2024 with Expansion and Innovation To Support Power Grids Across the Country

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that its growing portfolio of virtual power plants (VPPs) successfully supported power grids across the country in 2024 with a combined instantaneous peak of nearly 80 megawatts—a capacity greater than many traditional fossil-fuel power plants. These innovative programs leveraged Sunrun’s fleet of residential solar and battery systems—the largest in America—empowering customers to generate, store, and share their own solar energy.

    In 2024, more than 20,000 Sunrun customers participated in 16 virtual power plant programs across nine states and territories. From California and Texas to Puerto Rico and New England, the customers’ batteries supplied on-demand, stored solar energy to augment power resources during hundreds of critical energy events.

    “Utilities are at a point where they can’t grow fast enough for the increased demand for electricity, which is why they are coming to Sunrun for help,” said Sunrun CEO Mary Powell. “Our power plant portfolio is at an inflection point because we have the resources and expertise to quickly develop, deploy, and scale programs to provide smart, controllable load. Combining solar with storage not only provides American families with energy independence and peace of mind, but also the ability to support the grid when it’s needed most.”

    Extreme weather events and soaring electricity demand underscore the importance for these power plant programs. The North American Electric Reliability Corporation warns that over half the U.S. faces blackout risks in the next decade due to capacity shortfalls, as peak demand continues to climb with the rise of artificial intelligence, domestic manufacturing growth, and electrification of the economy. According to the Department of Energy, data center load growth has tripled over the past decade and is expected to more than double by 2028.

    Sunrun’s 2024 virtual power plant initiatives have demonstrated the ability to enhance grid reliability, lower harmful emissions, and decrease costs for all electricity customers. Notable examples of performance include:

    • California: Over 16,000 Sunrun customers participating in California’s statewide CalReady program—the nation’s largest single-owner virtual power plant—delivering an average of 48 megawatts of stored solar energy to the grid during peak evening hours in the summer months. Output peaked at 54 megawatts, enough to power approximately 48,000 homes—equivalent to a city the size of Santa Monica.
    • Puerto Rico: Over 4,000 customers’ batteries participating in Sunrun’s PowerOn Puerto Rico program provided vital backup energy to the island’s grid during more than 70 energy shortfall events. Within just an hour’s notice, Sunrun dispatched its batteries as a single power plant to avoid rolling blackouts to help keep the lights on for communities across Puerto Rico.
    • Texas: Sunrun partnered with Tesla Electric, a retail electricity provider operated by Tesla Energy Ventures LLC, a subsidiary of Tesla, Inc., and Vistra on two virtual power plants in the Lone Star State. Still growing, the Tesla Electric program leverages home batteries to provide reserves during peak consumption. Customers receive an annual payment, currently set at $400 per Powerwall, while Sunrun earns recurring revenue through the program. The Vistra partnership also offers customers financial incentives and credits.
    • New York: Sunrun activated the state’s largest residential virtual power plant in collaboration with Orange & Rockland Utilities, Inc., a subsidiary of Consolidated Edison, Inc. Over 300 solar-plus-storage systems provided stored solar energy during peak demand events in the summer. Participating customers received a free or heavily discounted home battery in exchange for their commitment to the 10-year program, while Sunrun received upfront payments from O&R.
    • Maryland: Sunrun launched the nation’s first bidirectional electric vehicle-to-home virtual power plant, partnering with Baltimore Gas and Electric Company (BGE), a subsidiary of Exelon Corporation, to utilize a small group of customer-owned Ford F-150 Lightnings. BGE was awarded grant funding from the Department of Energy to create the program, and Sunrun developed and operated this first-in-the-nation electric vehicle VPP. Participating customers earned several hundred dollars by sharing energy from their F-150 Lightning trucks.

    “My wife and I earned nearly $1,700 just by sharing the energy from our Ford Lightning,” said Sunrun customer Brian Foreman. “It’s exciting to be an early adopter of this technology and making extra money with our electric truck is just an added bonus.”

    “Sunrun is executing its virtual power plant strategy at a scale that is unmatched, and we’re excited to monetize more battery assets and secure additional, recurring revenue streams in 2025,” said Sunrun President and Chief Revenue Officer Paul Dickson. “With over half of new Sunrun customers installing storage, we are laying a strong foundation to create future programs where there is value for our customers, benefit to the grid, and revenue for Sunrun.”

    Sunrun’s storage-first approach has positioned it to become one of the nation’s largest distributed power providers, serving as a vital resource for utilities and grid operators in protecting Americans from outages, pollution, and rising energy costs. Peak season customer enrollment in Sunrun’s power-sharing programs grew approximately 100% year-over-year in 2024.

    “Sunrun is the industry leader, and we’re proving that every utility can and should have a virtual power plant program,” said Chris Rauscher, head of Grid Services at Sunrun. “Our largest and most successful programs are in Puerto Rico and California—places with vastly different power grids—but both equally benefiting from Sunrun customers’ solar-plus-storage systems being networked together to augment supply. I want to thank our amazing team which has turned the dream of VPPs into a reality.”

    About Sunrun
    Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com.

    Media Contact
    Wyatt Semanek
    Director, Corporate Communications
    press@sunrun.com

    Investor & Analyst Contact
    Patrick Jobin
    SVP, Deputy CFO & Investor Relations Officer
    investors@sunrun.com

    The MIL Network –