Category: GlobeNewswire

  • MIL-OSI: ZENMEV, a Pioneer in the New Era of Crypto Staking Platforms, Announces Its Launch

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) — ZENMEV, a leader in cryptocurrency investment, proudly announces the launch of a groundbreaking blockchain platform designed to revolutionize the staking landscape. With a vision to create transparent and profitable staking opportunities, ZENMEV aims to set a new standard that enables both individual and institutional investors to achieve stable returns.

    In recent years, the concept of Maximum Extractable Value (MEV) has emerged as a crucial element in decentralized finance (DeFi). MEV refers to the maximum profit that miners or validators can extract by reordering transactions within a blockchain. As blockchain technology has evolved, particularly with Ethereum’s transition from Proof of Work (PoW) to Proof of Stake (PoS), the complexity surrounding MEV has increased, presenting both challenges and opportunities for users.

    ZENMEV’s staking platform is specifically designed to maximize the potential of MEV, providing access to favorable opportunities that were once only available to advanced traders. By utilizing its own blockchain infrastructure optimized for MEV strategies, ZENMEV enhances the transparency and efficiency of the staking process. The platform eliminates intermediaries and centralizes operations, offering users greater reliability.

    Moreover, the platform integrates both Ethereum (ETH) and Binance Smart Chain (BNB) as its core ecosystems, providing compatibility and cross-chain functionality to maximize staking returns. Users can seamlessly deposit and stake digital assets like Ethereum and stablecoins such as Tether (USDT), which are pooled to support ZENMEV’s proprietary MEV strategies. Profits are distributed proportionally among stakers, ensuring transparency in how contributions are utilized and rewarded.

    ZENMEV: Revolutionizing Cryptocurrency Staking with AI-Powered MEV Strategies

    ZENMEV introduces a new paradigm in cryptocurrency staking and investment by leveraging cutting-edge technology and AI-powered analytics to help users understand the complexities of MEV and maximize their staking potential. With a focus on transparency and profitability, ZENMEV provides robust protection mechanisms and strategies, enabling investors to generate greater returns in the cryptocurrency market.

    Addressing the Complexity of MEV

    Within decentralized networks, users often encounter MEV—often described as an “invisible tax”—during transactions. MEV occurs when miners or validators manipulate the order of transactions for profit, potentially leading to losses for the user. ZENMEV tackles this issue head-on by employing advanced algorithms to identify MEV opportunities and monitor transactions in the mempool to accurately pinpoint profitable execution moments. This allows users to engage in more efficient transactions while mitigating the risks associated with MEV.

    Innovative Staking Solutions

    ZENMEV offers a staking system that minimizes MEV-related risks while maximizing profitability. The platform is designed with a user-friendly interface and fosters a fair competitive environment, enabling cryptocurrency investors to participate equally, regardless of their investment size.

    By integrating AI, ZENMEV utilizes machine learning and deep learning techniques to analyze vast amounts of data and predict market trends. This empowers users with real-time insights during the staking process, allowing for more informed decision-making.

    AI-Driven Profitability Maximization

    By incorporating AI, ZENMEV enhances the efficiency of cryptocurrency staking. The platform minimizes transaction latency and executes automated MEV strategies, enabling users to maximize their returns. Real-time data analysis powered by AI is provided to users, ensuring that ZENMEV’s strategies are continuously optimized for the best outcomes.

    With high-performance trading systems, ZENMEV offers users a more efficient staking experience. The platform prioritizes ethical and transparent MEV extraction, operating in ways that avoid negative impacts on the network’s stability.

    User Education and Community Engagement

    ZENMEV recognizes the importance of education in the rapidly evolving DeFi environment and provides comprehensive resources to help users navigate the complexities of the cryptocurrency market. By fostering active communication within the community, ZENMEV shares valuable insights and knowledge, empowering users to make better decisions.

    ZENMEV’s Vision for the Future

    ZENMEV plans to expand beyond Ethereum and Binance Smart Chain, integrating additional blockchain networks such as Solana and Cosmos. This multi-chain approach will allow users to take advantage of staking opportunities across various networks. Additionally, ZENMEV is focusing on developing advanced AI capabilities to enhance the platform’s predictive abilities, continuously improving users’ ability to generate returns.

    The platform’s long-term vision also includes the introduction of a governance model, allowing stakers and token holders to vote on platform upgrades and the implementation of new MEV strategies. This participatory approach ensures that the platform grows in alignment with the community, fostering a sense of belonging and engagement among users.

    In Conclusion, ZENMEV is opening new possibilities in the cryptocurrency staking space with its AI-powered MEV strategies and innovative staking solutions. By prioritizing transparency and ethical operations, ZENMEV is helping investors maximize their returns while paving the way for a more inclusive and sustainable future in cryptocurrency investing.

    Media Contact

    Brand: ZENMEV

    Contact: Media team

    Email: support@zenmev.com

    Website: https://zenmev.com

    The MIL Network

  • MIL-OSI: HSBC Bank Plc – Form 8.5 (EPT/RI) – Learning Technologies Group plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.         KEY INFORMATION

    (a) Name of exempt principal trader: HSBC Bank Plc
    (b) Name of offeror/offeree in relation to whose relevant securities this form relates:
         Use a separate form for each offeror/offeree
    Learning Technologies Group plc
    (c) Name of the party to the offer with which exempt principal trader is connected: OFFEROR: GASC APF, L.P. and certain of its managed or advised funds (including Atlantic Park), accounts and/or affiliates (collectively, General Atlantic)
    (d) Date dealing undertaken: 21 October 2024
    (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
         If it is a cash offer or possible cash offer, state “N/A”
    N/A      

    2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 Purchases/ sales

     

    Total number of securities Highest price per unit paid/received
    (GBP)
    Lowest price per unit paid/received
    (GBP)
     

    Ordinary Shares

     

    Purchase

    29,583 93.454 p 92.530 p
    Ordinary Shares Sale 948 92.756 p 92.530 p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description Nature of dealing Number of reference securities Price per unit (GBP)
    e.g. CFD e.g. opening/closing a long/short position, increasing/reducing a long/short position
    ­ Ordinary shares Swap Increasing a short position 695 92.702 p
    ­ Ordinary shares Swap Increasing a short position 1 93.309 p
    ­ Ordinary shares Swap Increasing a short position 538 93.454 p
    ­ Ordinary shares Swap Increasing a short position 879 92.702 p
    ­ Ordinary shares Swap Increasing a short position 680 93.454 p
    ­ Ordinary shares Swap Increasing a short position 1 93.309 p
    ­ Ordinary shares Swap Increasing a short position 2,470 92.702 p
    ­ Ordinary shares Swap Increasing a short position 1,904 93.454 p
    ­ Ordinary shares Swap Increasing a short position 2,379 92.702 p
    ­ Ordinary shares Swap Increasing a short position 1 93.309 p
    ­ Ordinary shares Swap Increasing a short position 1,834 93.454 p
    ­ Ordinary shares Swap Increasing a short position 2,361 93.454 p
    ­ Ordinary shares Swap Increasing a short position 3,063 92.702 p
    ­ Ordinary shares Swap Increasing a short position 2 93.309 p
    ­ Ordinary shares Swap Increasing a short position 2 93.309 p
    ­ Ordinary shares Swap Increasing a short position 1,274 93.454 p
    ­ Ordinary shares Swap Increasing a short position 1,651 92.702 p
    ­ Ordinary shares Swap Increasing a short position 3 93.309 p
    ­ Ordinary shares Swap Increasing a short position 3,873 93.454 p
    ­ Ordinary shares Swap Increasing a short position 5,024 92.702 p

    (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)
       

     

       

    3.         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 exempt principal trader 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 exempt principal trader 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

    Date of disclosure: 22 October 2024
    Contact name: Dhruti Singh
    Telephone number: 0207 088 2000

    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 dealing disclosure requirements on +44 (0)20 7638 0129.

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

    The MIL Network

  • MIL-OSI: Nokia Corporation – Managers’ transactions (Hammarén)

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Managers’ transactions
    22 October 2024 at 14:00 EEST

    Nokia Corporation – Managers’ transactions (Hammarén)

    Transaction notification under Article 19 of EU Market Abuse Regulation.
    ____________________________________________
    Person subject to the notification requirement
    Name: Hammarén, Patrik
    Position: Other senior manager

    Issuer: Nokia Corporation
    LEI: 549300A0JPRWG1KI7U06
    Notification type: INITIAL NOTIFICATION
    Reference number: 81967/5/4
    ____________________________________________

    Transaction date: 2024-10-21
    Venue: NASDAQ HELSINKI LTD (XHEL)
    Instrument type: SHARE
    ISIN: FI0009000681
    Nature of the transaction: ACQUISITION

    Transaction details
    (1): Volume: 156 Unit price: 4.31633 EUR

    Aggregated transactions
    (1): Volume: 156 Volume weighted average price: 4.31633 EUR

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    The MIL Network

  • MIL-OSI: Nokia Corporation – Managers’ transactions (Uitto)

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Managers’ transactions
    22 October 2024 at 14:00 EEST

    Nokia Corporation – Managers’ transactions (Uitto)

    Transaction notification under Article 19 of EU Market Abuse Regulation.
    ____________________________________________
    Person subject to the notification requirement
    Name: Uitto, Tommi
    Position: Other senior manager

    Issuer: Nokia Corporation
    LEI: 549300A0JPRWG1KI7U06
    Notification type: INITIAL NOTIFICATION
    Reference number: 81972/4/4
    ____________________________________________

    Transaction date: 2024-10-21
    Venue: NASDAQ HELSINKI LTD (XHEL)
    Instrument type: SHARE
    ISIN: FI0009000681
    Nature of the transaction: ACQUISITION

    Transaction details
    (1): Volume: 156 Unit price: 4.31633 EUR

    Aggregated transactions
    (1): Volume: 156 Volume weighted average price: 4.31633 EUR

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    The MIL Network

  • MIL-OSI: Navatar’s Latest CRM Platform For M&A Helps Investment Banks Leverage Superior Proprietary Intelligence As M&A Deal Activity Increases

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON, Oct. 22, 2024 (GLOBE NEWSWIRE) — The M&A advisory business relies on good intelligence. Bankers must connect a lot of disparate threads of information whether they are pitching, researching buyers, managing sponsors, executing mandates or simply prioritizing their agenda for the week. To do that, bankers must find a way to automatically capture and then connect all of this proprietary information, most of it gathered painstakingly from their network over time.

    The new Navatar platform is designed to capture and harness this intelligence for investment bankers. It uses AI to automatically capture information from all of the firm’s interactions and then consolidates intelligence for each company, person, lead, sponsor, pitch, mandate, sector or even a niche subsector.

    The ability to create a sector/subsector knowledge-base incorporating proprietary intelligence is becoming critical as sector-specific opportunities in technology, energy and life sciences drive deal activity, according to the latest EY M&A Activity Report.

    “Today’s market demands your A-game. Your A-game primarily relies on proprietary intelligence. This intelligence must be collated from all the information your team painstakingly acquires from your network. The new Navatar Platform will synthesize this intelligence to help step up your game,” said Alok Misra, CEO of Navatar.

    For more information on Navatar for M&A advisory, please visit:
    https://www.navatargroup.com/mergers-and-acquisitions-crm-software/

    ABOUT NAVATAR
    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, raises the bar to help dealmakers move beyond efficiency gains and focus on competitive differentiation. Navatar is used by hundreds of firms including private equity funds, M&A boutiques and bulge brackets, fund of funds, multi-asset credit, hedge funds, real estate funds, venture capital firms, corporate development groups, family offices, private placement and other financial services companies.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network

  • MIL-OSI: Xtract One Secures Contract with Global Automotive Manufacturer to Enhance Security at Select North American Facilities

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced that its AI-based security solutions have been chosen by a leading global automotive manufacturer of cars, SUVs, and pickup trucks to secure five of its North American facilities. System deployment will start at their Tennessee and Ohio locations, with plans for future installation at more facilities.

    After a comprehensive evaluation of available solutions, Xtract One was selected for the Company’s precise weapons detection capabilities and flexible integration into daily business operations and the physical environment. Aiming to enhance security and operational efficiency, this deployment sets a new standard for safety and innovation in the automotive industry while furthering Xtract One’s leadership in threat detection and security solutions in the space.

    “We’re excited to be working with another major player, our fourth, in the automotive field and to be expanding our growing scope of innovative customers across different industries,” said Peter Evans, CEO of Xtract One. “By implementing our cutting-edge solutions, we aim to provide security measures to combat modern threats and provide a seamless experience for all guests and employees. This deployment will also enhance operational efficiency, further demonstrating how our solutions fit seamlessly into the manufacturing facility landscape.”

    Xtract One’s security solutions enhance entry experience and detect threats while preserving guests’ privacy and comfort. These systems deliver fast, reliable, and frictionless screening that unobtrusively scan patrons for weapons and other prohibited items as they walk through. This eliminates the need to empty pockets and optimizes the guest experience by reducing time spent in security lines. The Company’s Multi-Sensor Gateway portfolio was recently awarded the U.S. Department of Homeland Security DHS SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT), highlighting the efficacy of Xtract One’s innovative security solutions in safeguarding public spaces against modern threats.

    To learn more, visit http://www.xtractone.com.

    About Xtract One
    Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that enable facility operators to prioritize and deliver improved “Walk-right-In” experiences while providing unprecedented safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffics. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit http://www.xtractone.com or connect on Facebook, X, and LinkedIn.

    Forward Looking Statements
    This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

    No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this release.

    For further information, please contact:
    Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   
    Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385
    Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645

    The MIL Network

  • MIL-OSI: CW Petroleum Corp (OTCQB: CWPE) Reduces Outstanding Shares by 81.66% Through Share Exchange Transaction

    Source: GlobeNewswire (MIL-OSI)

    Katy, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors it has reduced its Outstanding Shares of Common Stock from 122,445,898 to 22,445,898, an 81.66% reduction.

    Chief Executive Officer, Christopher Williams, has elected to exchange his 100,000,000 restricted shares of Common Stock for 1,000,000 shares of Series A Preferred Stock to reflect Mr. Williams’ previous ownership in 2022. The original share exchange occurred on June 14, 2022, and was effectuated due to a potential capital raise and up list to Nasdaq in 2023, which did not occur.

    6.14.2022 – Form 1-U
    2.10.2023 – Form 1-U

    Mr. Williams commented, “We are committed to growing the Company and providing shareholder value. This share exchange will help place the Company in a better share structure, allowing greater access to growth capital and greater market liquidity for its common stock in the open market. Company revenues for the nine months ended September 30, 2024 were $6.27MM”.

    Additional accurate information about the Company can be found on the OTC Markets website at the following links and on the EDGAR filing website provided by the Securities and Exchange Commission:

    CWPE Overview
    CWPE Security Detail
    CWPE Financials
    CWPE News
    CWPE Disclosures

    SEC Filings

    For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com, or call 281-817-8099

    About CW Petroleum Corp

    CW Petroleum Corp was incorporated in the State of Texas on April 29, 2005, and began operations in 2011. On April 14, 2018, CW Petroleum Corp was incorporated in the State of Wyoming. On April 15, 2018, the Texas corporation became a wholly-owned subsidiary of the Company through a share exchange. CW Petroleum Corp (Wyoming) is a holding company and through our wholly-owned subsidiary, we supply and distribute biodiesel, biodiesel blends, ultra-low sulfur diesel, gasoline blends, renewable gasoline, and a proprietary EPA-approved reformulated no ethanol gasoline to distributors, convenience stores, and marinas.

    Forward-Looking Statements

    Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

    No Offer or Solicitation

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    The MIL Network

  • MIL-OSI: Marex Group Plc to Announce Third Quarter 2024 Earnings on November 7, 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) — Marex Group plc (NASDAQ: MRX) today announced that it will release its fiscal 2024 third quarter results before market open on Thursday, November 7, 2024. The earnings release and supplementary materials will be available through the “Investors” section of the Marex website at https://ir.marex.com/.

    A conference call to discuss the results will take place at 9am ET the same day. Analysts and investors who wish to participate in the live conference call can register using the link here: https://register.vevent.com/register/BI35bc4ad5c3ed48f8b2e48ab5dbfeb65e

    About Marex:

    Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. Enabling access to 58 exchanges, the Group provides coverage across four core services: Clearing, Agency and Execution, Market Making and Hedging, and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, serving over 4,000 active clients and executing around 129 million trades and clearing 856 million contracts in 2023. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds, and asset managers. Headquartered in London with more than 35 offices worldwide, the Group has over 2,000 employees across Europe, Asia and the Americas. For more information visit http://www.marex.com.

    The MIL Network

  • MIL-OSI: Abaxx Announces C$2.795 million Strategic Financing

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it anticipates entering into a binding agreement with a strategic investor, pursuant to which the investor has agreed to purchase 215,000 common shares (the “Shares”) of the Company at a price of CAD$13.00 per common share for aggregate gross proceeds of C$2,795,000 on a private placement basis (the “Financing”).

    The proceeds of the Financing are expected to be used for general corporate and working capital requirements, including to fund ongoing operations and/or working capital and minimum regulatory requirements for Abaxx Exchange and Abaxx Clearing. No finder’s fees or commissions were paid in connection with the Financing. The parties must enter into a binding subscription agreement to complete the Financing which is expected to close as soon as reasonably practicable and is subject to final acceptance of Cboe Canada.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities issuable under the Financing have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold to or for the account or benefit of persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Abaxx Technologies
    Abaxx is building Smarter Markets — markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is a majority-owner of Abaxx Exchange and Abaxx Clearing, subsidiaries recognized by the Monetary Authority of Singapore as “recognized market operator” and “approved clearinghouse”, respectively.

    Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy.

    For more information please visit abaxx.tech, abaxx.exchange and smartermarkets.media.

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 647 490 1590
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

    Forward-looking information related to Abaxx in this press release includes but is not limited to, Abaxx’s objectives, goals or future plans, the anticipated closing and timing of closing of the Financing, regulatory approvals in connection with the Financing and intended use of proceeds from the Financing. Such factors impacting forward-looking information include, among others: the ability to enter into a binding subscription agreement and completion of the Financing on the terms as announced or at all; risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network

  • MIL-OSI: Keiretsu Forum’s Last Call for the 2024 Investor Capital Expo

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) — The 12th Annual Investor Capital Expo, hosted by Keiretsu Forum Mid-Atlantic, South-East, and Texas, will take place on October 31, 2024, at Convene City View in Philadelphia. This signature event connects accredited investors, venture capitalists, and entrepreneurs for a day of networking, insights, and presentations from promising early-stage companies. Registration is still open, and this is the final opportunity to secure your spot.

    Event Highlights:

    Exclusive Presentations from Emerging Companies:

    Attendees will have the opportunity to see 10-12 presentations from early-stage companies that are making significant strides in their industries and actively seeking funding. Each presenting company has undergone the comprehensive Keiretsu Due Diligence process, ensuring they are well-prepared and investment-ready.

    Expert Panel on Early-Stage Investing:

    The Expo will feature a distinguished panel of legal and investment experts who will address essential issues impacting early-stage investors in 2024. Discussions will include regulatory changes, strategic investment approaches, and tax considerations that can affect portfolio decisions. Attendees will gain practical insights to navigate the evolving investment landscape and make informed decisions.

    Stephen M. Goodman Most Valued Company Award:

    A highlight of the event will be the presentation of the prestigious Stephen M. Goodman Most Valued Company Award, sponsored by Morgan, Lewis & Bockius. This award honors the legacy of Steve Goodman, a trailblazer who supported innovation and growth in emerging businesses across the Mid-Atlantic region. Accredited investors attending the Expo, both in-person and online, will vote to select this year’s winner from a select group of Series A-B Round companies.

    Vote Integrity Sponsored by Votegrity:

    Again this year, Votegrity will manage the tabulation of votes from our investors, ensuring a secure and accurate selection process for the Stephen M. Goodman Most Valued Company Award.

    Networking Opportunities:

    The Expo will bring together over 200 accredited investors, providing a unique chance to connect directly with entrepreneurs from diverse sectors, including technology, life sciences, and finance. Investors can expand their networks, share insights, and discover new opportunities in a collaborative environment.

    Don’t Miss Out – Register Today:

    With limited time remaining, interested participants are encouraged to register now to take advantage of this opportunity to engage with industry leaders and explore vetted investment opportunities.

    Register Here

    About Keiretsu Forum Mid-Atlantic, South-East and Texas

    Keiretsu Forum Mid-Atlantic, South-East, and Texas are part of a global network of angel investors dedicated to fostering collaboration, innovation, and funding opportunities for early-stage companies. Since its inception, the Investor Capital Expo has become a premier event for bringing together investors and entrepreneurs, facilitating essential connections, and supporting the growth of the startup ecosystem.

    Media Contact:

    Cindi Sutera
    CindiS@AMSCommunications.net
    610-613-2773

    The MIL Network

  • MIL-OSI: High Wire Networks Named to MSSP Alert’s 2024 List of Top 250 MSSPs

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., Oct. 22, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, announced it ranks among the Top 250 MSSPs (http://www.msspalert.com/top-250) for 2024, according to MSSP Alert, a CyberRisk Alliance resource.

    The Top 250 MSSPs for 2024 honorees were announced on October 15 at MSSP Alert Live. The 2024 MSSP Top 250 list reveal marks the first time the list has been unveiled at MSSP Alert’s annual live event. Honorees will also be celebrated at an evening party that coincides with MSSP Alert Live.

    The complete list is available at https://www.msspalert.com/top-250.

    MSSP Alert will release the full research report that goes with the MSSP 250 list on November 18. It will discuss the research results during a special webcast for which you may register for here: http://www.msspalert.com/webcast/top-250-mssps-for-2024

    High Wire Networks COO, Ed Vasko commented: “We are honored to be recognized for the fourth year in a row by MSSP Alert as a leading provider in the managed security service space. Our inclusion in the Top 100 is a testament to the hard work and dedication of our entire team in providing comprehensive, cutting-edge security solutions through our Overwatch managed security services ecosystem. By harnessing the full capabilities of our platform—from managed XDR to advanced edge protection—we effectively address the evolving needs of our partners and customers.”

    “MSSP Alert and CyberRisk Alliance congratulate High Wire on this honor,” said Jessica C. Davis, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs are an elite group of cybersecurity service providers, and they continue to outperform the overall cybersecurity services market. Members of this list are the best of the best.”

    MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.

    Operating at the core of High Wire’s security operation center is Overwatch SOAR™, a proprietary security orchestration, automation and response (SOAR) technology.

    The unique AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules that provide enhanced visibility, improved correlation, and faster remediation.

    High Wire offers its Overwatch managed security services exclusively through a global network of managed service providers (MSPs) and managed security service providers totaling more than 200 worldwide.

    High Wire’s SOAR technology serves as an exponential force multiplier for its dedicated teams of professional security experts, empowering them to deliver the most secure and cost-effective cybersecurity solutions available on the market today.

    High Wire’s Overwatch offering addresses a global cybersecurity market that is projected to grow at a 14.3% CAGR to reach $563 billion by 2032.

    High Wire was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024. It also received top 15 ranking in the new Frost & Sullivan (F&S) report on the cybersecurity industry, Frost Radar™: Managed Security Services in Americas, 2024.

    Across a field of more than 200 competitors, Frost & Sullivan ranked High Wire among the Top 15 Managed Security Service Providers (MSSPs) that are delivering the greatest results in the categories of growth and innovation.

    Porter discusses the Frost & Sullivan’s 2024 Managed Security Services report in the company’s YouTube video here.

    About CyberRisk Alliance

    CyberRisk Alliance provides business intelligence that helps the cybersecurity ecosystem connect, share knowledge, accelerate careers, and make smarter and faster decisions. Through our trusted information brands, network of experts, and more than 250 innovative annual events we provide cybersecurity professionals with actionable insights and act as a powerful extension of cybersecurity marketing teams. Our brands include SCWorld, the Official Cybersecurity Summits, Security Weekly, InfoSec World, Identiverse, CyberRisk Collaborative, ChannelE2E, MSSP Alert, LaunchTech Communications and TECHEXPO Top Secret.
    Learn more at http://www.cyberriskalliance.com.

    About High Wire Networks
    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End-customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S. based 24/7 Network Operations Center and Security Operations Center is located in Chicago.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements
    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

    Frost Radar™ is a trademark of Frost & Sullivan, Inc.

    High Wire Contact
    Susanna Song
    Chief Marketing Officer
    High Wire Networks
    Tel +1 (952) 974-4000
    Email contact

    Investor & Media Relations:
    Ronald Both or Grant Stude
    CMA Investor & Media Relations
    Tel +1 (949) 432-7557
    Email contact

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e06438d4-c5cc-43ee-9398-d444067df2fc

    The MIL Network

  • MIL-OSI: Vimeo to Report Q3 2024 Earnings and Host Earnings Video Event on November 4, 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) — Vimeo, Inc. (NASDAQ: VMEO) today announced the date for its third quarter 2024 earnings report and earnings video event. After the close of market trading on Monday, November 4, 2024, Vimeo will post its third quarter results on the Investor Relations section of its website at https://www.vimeo.com/investors. On Monday, November 4, 2024 at 5:00 p.m. ET, Vimeo will live stream a video conference to answer questions regarding its third quarter results. The live stream and replay of the video will be accessible to the public at https://www.vimeo.com/investors.

    About Vimeo

    Vimeo (NASDAQ: VMEO) is the world’s most innovative video experience platform. We enable anyone to create high-quality video experiences to better connect and bring ideas to life. We proudly serve our community of millions of users – from creative storytellers to globally distributed teams at the world’s largest companies – whose videos receive billions of views each month. Learn more at http://www.vimeo.com.

    The MIL Network

  • MIL-OSI: Sky Quarry to Present at The ThinkEquity Conference on Wednesday, October 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    WOODS CROSS, Utah, Oct. 22, 2024 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or the “Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, will attend The ThinkEquity Conference being held at the Mandarin Oriental Hotel in New York City on October 30, 2024.

    Sky Quarry Founder and Chief Executive Officer David Sealock will conduct in-person one-on-one meetings during the conference to discuss the Company’s recent successful Nasdaq listing and its ECOSolv technology that has the ability to recover both material and oil from the millions of tons of waste asphalt shingles that are dumped into landfills each year. Mr. Sealock will also be hosting a presentation during the event.

    The ThinkEquity Conference
    Date: October 30, 2024
    Location: Mandarin Oriental Hotel, New York City
    Presentation Time: Wednesday, October 30, 2024, at 12:30 pm ET/9:30 am PT in the Boardroom
    Speaker: Founder and CEO David Sealock
    Format: In-person 1×1’s and Presentations
    Conference Website: Click here

    For more information on the ThinkEquity Conference or to schedule a one-on-one meeting with Sky Quarry management, please contact your conference representative or you may also email your request to SKYQ@mzgroup.us or call Chris Tyson at (949) 491-8235.

    For more information about Sky Quarry, please visit skyquarry.com.

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include ”forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    SKYQ@mzgroup.us
    http://www.mzgroup.us

    Company Website

    https://investor.skyquarry.com/

    The MIL Network

  • MIL-OSI: Richtech Robotics to Present at the LD Micro Main Event XVII

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR), a Nevada-based provider of AI-driven service robots, announces today that Matt Casella, President of Richtech Robotics, will present a corporate overview at the LD Micro Main Event XVII. The conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

    Event: LD Micro Main Event XVII
       
    Presentation Date: Tuesday, October 29, 2024
       
    Time: 4:30 PM Pacific Time
       
    Register to watch presentation: https://me24.sequireevents.com/
       

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at http://www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    For more information, please visit https://www.richtechrobotics.com/.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Marketing Director
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network

  • MIL-OSI: Turbo Energy Teams with Connection Holdings to Introduce All-in-One, AI-Optimized SUNBOX Home Energy Storage System to U.S. Market

    Source: GlobeNewswire (MIL-OSI)

    VALENCIA, Spain, Oct. 22, 2024 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that the Company has partnered with Florida-based Connection Holdings, LLC (“CH”), the managing entity of brands operating in the performance marketing and lead generation sectors with focus on a broad range of industries, including the U.S. solar energy market. 

    Pursuant to the strategic advisory agreement entered into on October 18, 2024, CH will employ its organization’s award-winning market penetration capabilities and leverage its extensive nationwide network of leading U.S. solar installation companies to assist Turbo Energy in introducing and winning U.S. market share for the Company’s proprietary, all-in-one, Artificial Intelligence (“AI”)-optimized SUNBOX solar energy storage system designed specifically for residential application (“SUNBOX Home”).

    Turbo Energy Partners with Connection Holdings to Introduce SUNBOX Home to U.S. Market

    Mariano Soria, the Chief Executive Officer of Turbo Energy, stated, “With virtually thousands of SUNBOX Home installations spanning nine countries throughout Europe, we have been actively engaged over the past several months in progressing through extensive U.S. testing and certification processes to affirm that SUNBOX Home meets and exceeds American public and product safety standards for energy storage systems and equipment. We are very excited to be partnering with Connection Holdings to take the next pivotal step in our global expansion plan, introducing SUNBOX Home to the U.S. market in hopes that we will achieve meaningful market awareness and rapid adoption of what we believe is the industry’s most price-competitive, smart, all-in-one solar energy storage solution on the market today.”

    “We are very proud to have been chosen by Turbo Energy to lead the market launch of SUNBOX Home in the U.S.,” noted Edmond Pain, Managing Principal and Co-Founder of CH. “Considering that SUNBOX Home features scalable energy storage capacity that is up to four times greater than other leading residential energy storage systems available in the U.S., coupled with the fact that all components – inverter, batteries and AI-optimized software — are fully integrated in an innovative, all-in-one, elegantly designed system, we expect that market demand will be strong and immediate and grow exponentially in the coming years as sustainable solar energy storage solutions become a must-have for homeowners nationwide.”

    According to the Q3 2024 industry research report released by the Solar Energy Industries Association and Wood Mackenzie, homeowners and businesses are increasingly demanding solar systems that are paired with battery storage. California’s shift in net metering policy and state incentives for solar-plus-storage in other markets have driven attachment rates up in recent quarters. The report further states that by 2028, 28% of all new distributed solar capacity will be paired with storage, compared to under 12% in 2023.

    SUNBOX Home is a complete intelligent solar energy storage system powered by Turbo Energy’s patented AI algorithms and processes that allow homeowners to fully optimize the energy efficiency of their solar power panel installations. Moreover, the cloud-based Turbo Energy mobile app gives SUNBOX Home users total control over the storage system, including determining best times of day when to use the surplus energy stored, as well as providing complete real-time visibility into battery status, energy production, actual power usage and monthly cost savings. In addition, the app provides data-driven insight into weather and electricity price forecasts, among other vital metrics.  

    Turbo Energy’s  U.S. market launch will be led by a multi-month beta test, whereby Connection Holdings will coordinate the deployment of several SUNBOX Home system installations in residences located in key, high growth markets across the nation.  Following the conclusion of the beta test and analysis of collected data and feedback from installers and homeowners, Connection Holdings is tasked with implementing a national marketing campaign designed to ramp sales of SUNBOX Home and help to define and refine, as necessary, the U.S.-based infrastructure needed to support anticipated market demand in the months and years to come.

    About Connection Holdings, LLC

    Connection Holdings has built and consolidated a portfolio of U.S. companies which are trusted to provide award-winning performance marketing and comprehensive data analytic services to the nation’s leading solar, roofing, home improvement, consumer financial and health insurance companies. Its brands, which have collectively generated nearly $500 million in sales for its valued customers, include Solar Direct Marketing, Connecting the Dots, Home Direct Marketing, Senior Direct Marketing, Encompass Leads, Debt Direct Marketing, Vested Exchange and Blockhub. In 2021, 2022 and 2023, Solar Direct Marketing earned distinction as one of Inc. Magazine’s fastest growing, privately held companies in the country. Connecting the Dots was also named to Inc.’s top 500 fastest growing companies in 2022; and in 2023 and 2024 was nominated as the premiere Data Provider of the Year at the prestigious Affy Awards. For more information, please visit http://www.connectionholdings.com.  

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management.  Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies.

    For more information, please visit http://www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At Turbo Energy, S.A.
    Dodi Handy, Director of Communications
    Phone: 407-960-4636
    Email: dodihandy@turbo-e.com

    At Connection Holdings, LLC
    David Stodolak, Chief Executive Officer
    Phone: 919-802-1555
    Email: david@solardirectmarketing.com

    Attachment

    The MIL Network

  • MIL-OSI: NextNav Announces Date for Third Quarter 2024 Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) — NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, today announced that it will release its financial results for the third quarter ended September 30, 2024 after the market closes on Wednesday November 13, 2024, and will host a conference call the same day at 5:00 PM ET to discuss its results.

    Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I6293675922. After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast.

    To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/.

    A replay of the call can also be accessed via phone through November 20, 2024, by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S. The conference I.D. number is 62936.

    About NextNav Inc.

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

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

    Source: NN-FIN

    Contact:
    Erica Bartsch
    Sloane & Company
    ebartsch@sloanepr.com

    The MIL Network

  • MIL-OSI: Open Lending to Announce Third Quarter 2024 Results on November 7, 2024

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) — Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024, at 5:00pm ET. A press release with third quarter 2024 financial results will be issued after the market closes that same day.

    The conference call will be webcast live from the Company’s investor relations website at https://investors.openlending.com/ under the “Events” section. The conference call can also be accessed live over the phone by dialing (800) 343-5172, or for international callers (785) 424-1699; the conference ID is LENDING. An archive of the webcast will be available at the same location on the website shortly after the call has concluded.

    About Open Lending

    Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 20 years, we have been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward. For more information, please visit http://www.openlending.com.

    Contact information:

    Investor Relations Inquiries:
    InvestorRelations@openlending.com

    Source: Open Lending Corporation

    The MIL Network

  • MIL-OSI: Houston Natural Resources Reports Q3 2024 Financials Period Ending September 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Houston Natural Resources Corp. (OTC: HNRC) (“the Company”) reported today Q3 2024 results, concluding on September 30, 2024, as compared to Q3 2023 ending on September 30, 2023.

    Key Highlights for Nine Months Results: Q3 2024 Ending September 30, 2024 vs Q3 2023 Ending September 30, 2023

    • Total revenue was $13,094,326 for nine months in 2024, compared to $15,241,815 for nine months in 2023.
    • Total earnings for nine months in 2024 amounted to $8,764,980, compared to $8,871,912 for nine months in 2023.
    • Earnings per share (EPS) for nine months in 2024 was $0.02, compared to $0.02 for nine months in 2023.

    The company achieved a net asset value (NAV) of $0.20c per share in Q3 2024.

    Additionally, the company reported successful milestones including:

    Acquisition of Cunningham Energy, LLC:

    • Achieved 100% ownership of Cunningham Energy, LLC.
    • An independent engineering firm assessed the Oil & Gas Assets of Cunningham Energy, determining an appraised value of $352 million as of December 31st, 2022, based on a 68 well drilling program.
    • The appraised value translates to approximately $1.00 per share as of September 30, 2024.

    Corporate Changes:

    • Filed with FINRA for a comprehensive review leading to a change in name and symbol, to Cunningham Natural Resources Corp.
    • Corporate changes are expected to be completed in the fourth quarter.

    Mining Interest Acquisition:

    • Completed the acquisition of a 9% interest in Cunningham Mining Ltd that owns the Placer Claims known as the ‘Nugget Trap Placer Mine’ in the British Columbia Mineral Title registry with initial reserves valued at over $500 million.
    • Cunningham Mining Ltd announced a Nugget Trap Token Offering for 100M Units at $0.60 USD to focus on tokenizing the Mining Industry. (https://bit.ly/3Yq3kZU).
    • The company expects a liquidity event in the fourth quarter from its Cunningham Mining Ltd investment to be passed on to its shareholders.

    Spin-Off of Worldwide Diversified Holdings, Inc. (WDHI):

    • Successfully executed the corporate action to Spin-Off WDHI assets.
    • The trading of WDHI shares is pending completion of its listing.

    Financial Performance and Strategic Outlook:

    • Continued receipt of advisory fees for assets under management.
    • Actively evaluating potential acquisitions in the energy and energy services industry to enhance shareholder value.

    About Houston Natural Resources Corp

    Houston Natural Resources Corp. (OTC: HNRC) (http://www.hnrcholdings.com) stands as a versatile energy enterprise with stakes in both oil and gas. Notably, the company has successfully obtained full ownership, a 100% interest, in Cunningham Energy LLC, boasting appraised reserves totaling $352 million. Additionally, Houston Natural Resources Corp. holds minority investments in Rhino Energy Ltd, CE Energy Sponsors, LLC, and HNR Acquisition Corp. Demonstrating a commitment to growth, the company remains proactive in its pursuit of new opportunities within the energy and energy transitions sectors, all with the overarching goal of delivering enhanced value to its shareholders.

    FORWARD-LOOKING STATEMENTS:

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.

    Contact:

    Houston Natural Resources Corp
    12 Greenway Plaza, Suite 1100
    Houston, Texas 77046
    Phone: (713) 425-4901
    E-mail: frank@hnrcholdings.com
    Website: http://www.hnrcholdings.com
    Twitter: https://twitter.com/CunninghamCorp

    The MIL Network

  • MIL-OSI: Siili Solutions Plc Financial calendar and annual general meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc Financial calendar and annual general meeting 2025

    Siili Solutions Plc Stock Exchange Release 22 October 2024 at 15:15 EEST

    Siili Solutions Plc publishes its financial reports in 2025 as follows:

    • Financial statement bulletin for 2024 on 13 February 2025
    • Annual report 2024, including a sustainability report in accordance with CSRD, on week 11
    • Business review for January-March 2025 on 22 April 2025
    • Half-yearly report for January-June 2025 on 12 August 2025
    • Business review for January-September 2025 on 21 October 2025

    Financial statement bulletin 2024 and half-yearly report for 2025 will be published on or about 9:00 am. Business reviews will be published on the abovementioned days on or about 10:00 am at the latest.

    The annual general meeting of Siili Solutions Plc is planned to be held on 8 April 2025 in Helsinki, Finland. 

    Distribution:
    Nasdaq Helsinki Ltd
    Main media
    http://www.siili.com/en  

    For further information:
    Taru Kovanen, General Counsel
    Phone: +358 (0)40 4176221, email: taru.kovanen(at)siili.com

    Siili Solutions in brief:
    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. http://www.siili.com/en

    The MIL Network

  • MIL-OSI: TRESU Investment Holding A/S – Annual General Meeting 2024

    Source: GlobeNewswire (MIL-OSI)

    Tresu Investment Holding A/S – Annual General Meeting 2024

    TRESU INVESTMENT HOLDING A/S

    ANNOUNCEMENT NO. 12.2024
    22.10.2024

    On 18 March 2024, the annual general meeting 2024 of Tresu Investment Holding A/S was held, where the following decisions were made:

    • The audited annual report for 2023 was adopted.
    • In accordance with the proposal by the Board of Directors, the loss as recorded in the annual report was appropriated.
    • Jean-Marc Denis Lechene, Søren Dan Johansen, Ola Harald Erici and Stephan Hubert Plenz were re-elected as members of the Board of Directors.
    • PriceWaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as auditor of the company.
    • The Board of Directors and the Executive Board were discharged from liability.

    The general meeting had specifically waived the requirement for notice and presentation of documents under the Danish Companies Act and the Articles of Association. 

    This announcement is made public as per agreement with Nasdaq Copenhagen A/S.

    For further details, please contact
    CFO, Torben Børsting, phone: + 45 5130 2780

    The MIL Network

  • MIL-OSI: TRESU Investment Holding A/S – adjustment to full year 2024 guidance

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 11.2024
    22.10.2024

    TRESU Investment Holding A/S – adjustment to full year 2024 guidance

    TRESU Investment Holding A/S today announces an adjustment to full year guidance for 2024 mainly driven by a temporary market slowdown impacting both our Systems and Machine & Units segments.

    We have experienced a temporary slowdown in market activities in our System business segment mainly driven by a slowdown in Packaging and lower demands in Corrugated. We expect to return to growth at the beginning of 2025.

    In addition, we have seen postponed customers’ investment decisions in the Machines & Unit segment, expected to be taken now in the first half of 2025.

    The Customer Care business is expected to grow further and will be close to the plan level.

    Implemented operational initiatives are showing good results and have improved underlying margins.

    As a result, we are adjusting our expectations for full-year 2024 organic revenue growth to be -15 to -10% (previously: 0 to 5%) and the adjusted EBITDA margin to be 0 to 2% (previously: 4 to 6%) as an effect of lower sales.

    Stephan Plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    The MIL Network

  • MIL-OSI: UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it intends to offer and sell 15,000,000 American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus supplement.

    The Company expects to use the net proceeds from the proposed ADS offering for strengthening the Company’s capital base and furthering the Company’s business development initiatives.

    Deutsche Bank AG, Hong Kong Branch, China International Capital Corporation Hong Kong Securities Limited and US Tiger Securities, Inc. will act as the joint bookrunners for the proposed ADS offering.

    The proposed ADS offering will be made pursuant to an automatic shelf registration statement on Form F-3 filed with the United States Securities and Exchange Commission (the “SEC”) and is available on the SEC’s website at http://www.sec.gov. A preliminary prospectus supplement and an accompanying prospectus related to the proposed ADS offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus may be obtained by contacting Deutsche Bank AG, Hong Kong Branch, Level 60, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong; China International Capital Corporation Hong Kong Securities Limited 29/F, one International Finance Centre, 1 Harbour View Street, Central, Hong Kong; or, US Tiger Securities, Inc., 437 Madison Avenue, 27th Floor, New York, NY 10022, United States of America.

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

    About UP Fintech Holding Limited

    UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.

    For more information on the Company, please visit: https://ir.itigerup.com.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “might,” “aim,” “likely to,” “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, the Company’s strategic and operational plans and expectations regarding growth and expansion of its business lines, and the Company’s plans for future financing of its business contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company’s revenues and certain cost or expense accounting policies; and governmental policies and regulations affecting the Company’s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC, including the Company’s annual report on Form 20-F filed with the SEC on April 22, 2024. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company’s filings with the SEC.

    For investor and media inquiries please contact:

    Investor Relations Contact
    UP Fintech Holding Limited
    Email: ir@itiger.com

    The MIL Network

  • MIL-OSI: Melissa’s Cloud-Based DataGen API Provides On-Demand Access to Comprehensive Address, Consumer, and Business Data

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Complete, accurate data is key to building and maintaining a business, but comprehensive customer and prospect data is imperative to gaining and holding a competitive edge. To help companies achieve this, Melissa has launched its Restful Service DataGen API, the most flexible, third-party data resource available for on-demand address, resident, consumer, property, and business data. When integrated with in-house data, this rich resource can considerably improve business analytics and deepen insights.

    “DataGen addresses the data inaccuracies that can plague an organization, challenging its ability to make timely and accurate decisions,” said Daniel Kha Le, Chief Data Officer, Melissa. “It’s a robust Restful Service API, providing seamless, real-time access to comprehensive demographic, firmographic, location intelligence, and property information that can be used to maximize the value of a company’s existing customer data.”

    Integrated as a single API, DataGen offers address details from 240+ countries and territories. Companies can quickly develop consumer profiles featuring a range of demographic attributes, including residential information such as length of residence, age ranges, new homeownership, or new movers. In-depth property details include data such as absentee ownership, mortgage data, and foreclosures. Similar data is available on businesses and business contacts.

    DataGen provides users with counts, sample records, and comprehensive datasets. Once a user sets their preferred parameters, they can stream and access a list of contacts, addresses, businesses, or other data in real time. Users are in control of data received, using filters such as city and state, ZIP codes, polygons, or neighborhoods. Once record counts are established, users can further filter without having to pay for data that is not needed. Sample data is returned so results can be previewed; once purchased, data is streamed as a paginated result in JSON format.

    Click here to access an on-demand webinar demonstrating how Melissa’s Restful Service DataGen API provides access to high-quality third-party data useful for advanced data modeling, target marketing, and customer personalization using SQL Server or other RDBMS technologies. Click here for more information or to request a license key to access DataGen, 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 http://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: RTI Joins the Common Vulnerabilities and Exposures (CVE®) Program as a CVE Numbering Authority (CNA)

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, has become the first DDS vendor to be named as a CNA by the CVE® Program. This designation showcases RTI’s commitment to system integrity by identifying vulnerabilities early, offering enhanced protection for customers. RTI will continue to adopt best cybersecurity practices which includes a secure coding standard, static and dynamic analysis tools, and extended endurance testing to improve systems across industries such as defense, medical, and automotive.

    RTI Connext®, based on the Data Distribution Service (DDS™) standard, is the trusted industry solution that delivers reliability, security, and real-time performance essential for highly distributed autonomous systems. As a CNA, RTI has established a vulnerability management and notification process to monitor and notify customers of any known vulnerabilities that may affect systems using RTI software. The goal is to ensure that Connext users receive the information needed to properly assess their impact, through well established mechanisms, and that solutions are provided in a timely manner.

    “By enhancing our visibility and control over the CVE publication process, we reaffirm our commitment to delivering top-notch cybersecurity for our customers,” said David Barnett, VP of Products and Markets at RTI. “This initiative will streamline our disclosure process, making it easier for users to access crucial information about vulnerabilities through a trusted, recognized platform. Our priority is ensuring the security of our customers’ systems, and we are committed to providing the best solutions to protect them against evolving threats.”

    CVE is an international initiative that relies on the community to identify and catalog publicly disclosed cybersecurity vulnerabilities. Once discovered, vulnerabilities are assigned and published in the CVE List. CNAs are organizations responsible for the regular assignment of CVE IDs to vulnerabilities, and for creating and publishing information about the risk in the associated CVE Record.

    Securing autonomous and intelligent systems requires constant and careful architecting of the entire framework. RTI enables customers to design robust, reliable systems that safeguard without sacrificing real-time performance. Whether it is a large application running on powerful hardware or an embedded application running on a resource-constrained device, RTI has the industry-leading security solutions for intelligent distributed systems.

    For more information about RTI’s approach to vulnerability detection and management, please visit the policy page. To learn more about RTI’s security offerings, please visit our website.

    About RTI
    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 250 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 400 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: http://www.rti.com/downloads

    The MIL Network

  • MIL-OSI: Cayson Acquisition Corp Announces Separate Trading of its Ordinary Shares and Rights

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) — Cayson Acquisition Corp (NASDAQ:CAPNU) (the “Company”) announced today that, commencing on or about October 24, 2024, holders of its units sold in the Company’s initial public offering may elect to separately trade the Company’s ordinary shares and rights included in the units. The ordinary shares and rights that are separated will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “CAPN” and “CAPNR,” respectively. No fractional rights will be issued upon separation of the units and only whole rights will trade. Those units not separated will continue to trade on Nasdaq under the symbol “CAPNU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

    The Company is a Cayman exempt company, formed as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus its search for a target business on entities located throughout Asia but will not be limited to a particular industry or geographic location. The Company is led by its Chairman of the Board and Chief Executive Officer, Yawei Cao.

    FORWARD-LOOKING STATEMENTS 

    This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s final prospectus relating to the Company’s initial public offering filed with the SEC on September 20, 2024. Copies are available on the SEC’s website, http://www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Contact:

    Taylor Zhang
    taylorzhang@caysonspac.com 

    The MIL Network

  • MIL-OSI: CrewAI Launches Multi-Agentic Platform to Deliver on the Promise of Generative AI for Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO and SÃO PAULO, Oct. 22, 2024 (GLOBE NEWSWIRE) — CrewAI, a leading multi-agent platform, today announced $18 million in total funding that included an inception round led by boldstart ventures and a Series A led by global software investor Insight Partners. Additional investors include Blitzscaling Ventures, Craft Ventures, Earl Grey Capital, and several top angels in AI including Andrew Ng, a globally recognized voice in AI, and Dharmesh Shah, co-founder and CTO of HubSpot. 

    CrewAI’s open-source offering executes 10 million+ agents per month and is already used by nearly half of the Fortune 500. Building on the success of its open-source framework and in response to user demand, the company also launched CrewAI Enterprise, making it easier than ever for large organizations to quickly build, monitor, and iterate on complex AI agents with high-quality results. The company signed its first 150 beta enterprise customers in less than six months.

    More than 65% of companies are now using generative AI but almost all of them still express significant concerns about results accuracy and data security. These challenges are holding back the full potential of large language models (LLMs) for the enterprise. This is especially true for the automation of complex tasks in areas like marketing, accounting, and finance. Companies have not been able to use robotic process automation (RPA) for these use cases due to its rigid, deterministic approach, high implementation costs, brittleness, and inability to self-heal. 

    Developers in more than 150 countries are now using CrewAI to automate work processes and build AI-agent native features and applications. CrewAI is helping companies realize the enormous potential of LLMs by enabling AI agents to perform complex tasks that leverage LLMs in simple and complex workflows. CrewAI offers a range of advanced new features including self-iteration, performance evaluation, persistent memory, and a wide range of new agent collaboration structures.

    Enterprises are moving fast to adopt agents that deliver results
    The AI agent market is projected to grow explosively from $5 billion this year to nearly $50 billion by 2030. According to a recent Capgemini survey, 10% of large enterprise organizations already use AI agents, more than half plan to use them in the next year, and 82% will integrate them within the next three years. 

    “Agents are the key to unlocking AI’s potential and will completely redesign the way companies deliver products. RPA and LLMs alone can’t get you there. Savvy organizations around the world are already deploying multi-agentic applications to help run an entire business while moving fast,” said João Moura, founder and CEO of CrewAI. “We are seeing impact firsthand; in less than one year of launching CrewAI, we signed our first 150 beta enterprise customers. We are seeing 100,000 groups of multi-agent executions per day across hundreds of different use cases. We have made it easy for teams to build groups of AI agents to perform tasks using any LLM, integrate with more than a thousand different applications, and to do so in a way that protects their data privacy.”

    CrewAI Enterprise for deploying fast complex AI workloads that drive business value
    After a successful private beta, CrewAI is now launching its Enterprise Cloud offering, a universal platform that allows organizations to enable their teams to build crews of AI agents using any LLM or cloud platform – tailored to their unique, complex workloads – to achieve high-quality results. Built on top of CrewAI’s popular open-source framework, CrewAI Enterprise enables fast iterations by also offering templates, access to extensive VIP support, and built-in security. CrewAI Enterprise enables organizations to:

    • Plan & Build: Use either CrewAI’s framework or Crew Studio to easily build even the most complex multi-agents systems.
    • Deploy & Monitor: Bring these multi-agents automations into a production environment in a secure way with proper levels of access and control.
    • Assess & Iterate: Track ROI by using testing and training tools to constantly improve the efficiency and results quality – ensuring a fast track to value.

    The new CrewAI Enterprise platform enables teams of all sizes to build, deploy, and iterate multi-agent “crews.” These AI agent crews can be used to automate work processes and power new AI-agent native features and applications. During the beta, CrewAI saw companies build crews for hundreds of different use cases.

    For a deeper dive into how agents are working in the enterprise, join CrewAI for AI Agents Week at https://week.crewai.com/.

    Supporting Quotes
    “The widespread adoption of LLMs in the enterprise is creating an enormous opportunity for new revenue streams and cost reduction. The catalyst for this will be AI multi-agent platforms. CrewAI is one of the early leaders in this exciting space and Insight Partners is thrilled to be an investor. Joao has a big vision for what CrewAI can do and we are enjoying helping him and the team achieve that vision.”
    Praveen Akkiraju, managing director at Insight Partners 

    “CrewAI makes it easy and fast to develop both simple and complex multi-agent AI workflows. Its powerful orchestration features for enterprises—including memory and self-healing—help businesses go well beyond traditional automation. As a CrewAI user myself, I’m thrilled to be able to support João’s vision with an investment!”
    Andrew Ng, co-founder of Coursera and Stanford professor

    Supporting Resources

    About CrewAI
    CrewAI is the leading AI multi-agent platform. Built to fully leverage LLM’s reasoning capabilities and allow agents to work together, CrewAI’s open-source framework and enterprise platform powers more than 10 million agents monthly and 150 customers. With CrewAI, organizations can easily deploy and manage AI agents to automate complex tasks with a fast speed to value across a wide range of use cases, from research and analysis to coding and reporting. For more information, visit https://www.crewai.com/.

    The MIL Network

  • MIL-OSI: BOS’ Supply Chain Division Receives a $500,000 order from a Customer in India

    Source: GlobeNewswire (MIL-OSI)

    RISHON LE ZION, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), an integrator of supply chain technologies, announced today that its Supply Chain Division, which provides franchised distribution of electronic components, received a $500,000 order from a customer in India. The order is for delivery gradually by August 2025.

    Avidan Zelicovski, BOS’ President, expressed confidence in the division’s ability to expand its global sales, citing the success of achieving $6 million in overseas sales in 2023. Additionally, he highlighted that since the announcement on July 10, 2024, regarding initial sales to Greek customers, the division has received $280,000 orders from that territory.

    About BOS

    Through its three business divisions, BOS leverages cutting-edge technologies to optimize supply chain operations.

    The robotic division automates the inventory process by replacing handwork with robots. RFID division optimizes inventory management by marking and tracking inventory through the supply chain, and the supply chain division integrates its franchised electro-mechanical components into its client’s products.

    The MIL Network

  • MIL-OSI: Huntress Recognized as Inc. 2024 Power Partner for Empowering Small and Mid-Sized Businesses with Cutting-Edge Cybersecurity Protection

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., Oct. 22, 2024 (GLOBE NEWSWIRE) — Huntress has been named an Inc. Magazine 2024 Power Partner for the second consecutive year and recognized for its commitment to protecting small to mid-sized businesses (SMBs) and the managed service providers (MSPs) that support them.

    Each year, Inc. Magazine scours thousands of entries to create its annual list of high-caliber companies devoted to providing entrepreneurs with the tools and resources they need to start, run, and grow their businesses. Huntress earned this recognition for its unwavering dedication to securing the SMB community with its leading managed cybersecurity platform and an elite team of human threat analysts at a price that just makes sense.

    “At Huntress, we design our solutions with one goal in mind: to break the barriers to enterprise-grade security so SMBs and their MSP allies can defend themselves against the relentless wave of increasingly aggressive cyberattacks. Despite not having the massive IT budgets of larger enterprises, SMBs deserve enterprise-grade protection through their MSP partners. That’s why Huntress exists and why we will always have their backs,” said Jason Marshall, Chief Marketing Officer for Huntress.

    Huntress delivers a best-in-class managed security platform that includes award-winning endpoint detection and response (EDR), identity threat detection and response (ITDR), security awareness training (SAT), and a new managed SIEM. The company exists to level up SMB defenses, increase their cybersecurity knowledge, and protect their livelihoods.

    Resources
    Read the blog about why Huntress is thrilled about making it to the Inc. Power Partner list again.

    About Huntress
    Huntress is a leading cybersecurity company focused on protecting and empowering small businesses to mid-sized enterprises. Combining the power of the Huntress Managed Security Platform with a human-led 24/7 Security Operations Center (SOC), Huntress provides the top-rated technology, services, education, and expertise needed to help companies overcome cybersecurity challenges and protect critical business assets. For more information about Huntress, visit http://www.huntress.com and follow us on Twitter, Instagram, Facebook and LinkedIn.

    Contacts:
    Valerie Baccei
    press@huntresslabs.com
    +1 (650) 400-7833

    The MIL Network

  • MIL-OSI: Abacus Life Provides Preliminary Third Quarter 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    – Expects Total Revenue Between $26.0 and $28.0 Million; Grows 23-33% Year-over-Year –

    – Expects GAAP Net Income / (Loss) Between ($6.0) and ($6.75) Million Due to Non-Cash Increase in Warrant Liability of Between $8.0 and $9.0 Million –

    – Expects Adjusted EBITDA Between $14.0 and $16.0 Million; Grows 30-48% Year-over-Year –

    – Third Quarter 2024 Earnings Release and Conference Call to be Held Thursday, November 7, 2024 –

    ORLANDO, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading global alternative asset manager focused on lifespan-based financial products, today announced preliminary unaudited financial results for the third quarter ended September 30, 2024.

    Preliminary Financial Results – Third Quarter 2024

    Based upon management’s current expectations, the Company anticipates Total Revenue, Net Income, and Adjusted EBITDA, for the third quarter as follows:

      3Q24
    Total Revenue Between $26.0 and $28.0 million
    GAAP Net Income / (Loss) Between ($6.0) and ($6.75) million
    Adjusted EBITDA Between $14.0 and $16.0 million

    “We are pleased to report another strong performance across our business, continuing to underscore the clear differentiation of our business model,” said Jay Jackson, Chief Executive Officer of Abacus. “During the quarter, we announced key acquisitions of Carlisle Management Company SCA and FCF Advisors. We are excited to welcome them to the Abacus family. In addition, we further strengthened our management team, welcoming Corey McLaren as Managing Director of Capital Markets and Robert F. Phillips as our new Senior Vice President of Investor Relations and Corporate Affairs. We also partnered with Lorisco to launch PREADISAN™, a revolutionary health prediction and actuarial technology tool, which is enabling us to offer unprecedented personalization in longevity forecasting, as well as highly tailored financial solutions for our clients. We remain committed to executing on our long-term growth initiatives and delivering value to our shareholders.”

    Earnings Release and Conference Call

    As previously noted, Abacus Life, Inc. will release its third quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Management will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on November 7, 2024. A live webcast of the conference call will be available on Abacus’ investor relations website at ir.abacuslife.com. The dial-in number for the conference call is (800) 267-6316 (toll-free) or (203) 518-9783 (international). Please dial the number 10 minutes prior to the scheduled start time.

    Preliminary Information

    The unaudited financial and operational information presented in this press release is preliminary and may change. Abacus’ financial closing procedures with respect to the estimated financial information provided in this press release are not yet complete, and as a result, the Company’s final results may vary materially from the preliminary results included in this press release. Abacus undertakes no obligation to update or supplement the information provided in this press release until the Company releases its financial statements for the three months ended September 30, 2024. The preliminary financial information included in this press release reflects the Company’s current estimates based on information available as of the date of this press release and has been prepared by Company management. This preliminary financial and operational information should not be viewed as a substitute for full financial statements prepared in accordance with GAAP and is not necessarily indicative of the results to be achieved for any future periods. This preliminary financial information could be impacted by the effects of financial closing procedures, final adjustments, and other developments.

    Non-GAAP Financial Information

    Adjusted EBITDA, a non-GAAP measure, is defined as net income (loss) attributable to Abacus adjusted for depreciation expense, amortization, interest expense, income tax and other non-cash and certain non-recurring items that in our judgement significantly impact the period-over-period assessment of performance and operating results that do not directly relate to business performance within Abacus’ control. A reconciliation of Adjusted EBITDA to Net income attributable to Abacus Life, the most directly comparable GAAP measure, appears below.

    Forward-Looking Statements

    All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes but is not limited to statements regarding: Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Abacus’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ‎‎”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).

    While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the ‎fact that Abacus’s loss reserves are bases on estimates and may be inadequate to cover ‎its actual losses; the failure to properly price Abacus’s insurance policies; the ‎geographic concentration of Abacus’s business; the cyclical nature of Abacus’s industry; the ‎impact of regulation on Abacus’s business; the effects of competition on Abacus’s business; the failure of ‎Abacus’s relationships with independent agencies; the failure to meet Abacus’s investment ‎objectives; the inability to raise capital on favorable terms or at all; the ‎effects of acts of terrorism; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies.

    These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with ‎the U.S. Securities and Exchange Commission from time to time, including the Annual ‎Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent ‎periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the ‎forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations.

    About Abacus

    Abacus is a leading global alternative asset manager and market maker, specializing in use of advanced longevity and actuarial technology to purchase life insurance policies from consumers seeking liquidity while creating a high-returning asset class of insurance products, uncorrelated to market fluctuations, for institutional investors.

    With nearly $3 billion in assets under management, including pending acquisitions, Abacus is the only publicly traded global alternative asset manager focused on lifespan-based financial products traded on the Nasdaq exchange.

    Abacus has invested in two new verticals: ABL Wealth, which provides longevity-based wealth management services and investment offerings, and ABL Tech, which offers ground-breaking technology services for pension funds, governments, insurance companies, retirement associations and more that provides advanced real-time data tracking and analysis. With each new channel, we are revolutionizing the future of life insurance.

    http://www.Abacuslife.com

    Contacts:

    Investor Relations

    Robert Phillips – SVP Investor Relations
    rob@abacuslife.com
    (321) 290-1198

    David Jackson – IR/Capital Markets Associate
    djackson@abacuslife.com
    (321) 299-0716

    Abacus Life Public Relations
    press@abacuslife.com

    ABACUS LIFE, INC. Adjusted EBITDA

           
      Three Months Ended   Three Months Ended
      September 30, 2024   September 30, 2023
               
      Low   High   Actual
    GAAP Net income / (Loss) attributable to Abacus Life, Inc. $ (6,750,000 )   $ (6,000,000 )   $ 1,050,972  
               
    GAAP Net income / (Loss)   (6,750,000 )     (6,000,000 )     1,050,972  
    Depreciation and amortization expense   1,675,000       1,750,000       1,694,853  
    Income tax (benefit)   (550,000 )     (400,000 )     1,710,315  
    Stock-compensation   6,300,000       6,500,000       4,583,632  
    Due Diligence related to acquisitions   1,725,000       2,000,000        
    Other (expense)         25,000       (20,087 )
    Interest expense   3,900,000       4,125,000       2,679,237  
    Interest income   (600,000 )     (650,000 )     (63,826 )
    (Gain) Loss on change in fair value of debt         150,000       (2,088,797 )
    Change in fair value of warrant liability   8,750,000       8,900,000       943,400  
    Realized & Unrealized (gain) on investments   (450,000 )     (400,000 )     306,800  
    Adjusted EBITDA $ 14,000,000     $ 16,000,000     $ 10,796,499  
               

    The MIL Network

  • MIL-OSI: Crunchtime Unveils AI Forecasting

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Crunchtime, the leading provider of operations management solutions for the restaurant industry, today announced the availability of new artificial intelligence (AI) capabilities that enable restaurants to forecast their sales with even greater accuracy. By incorporating a custom-built machine learning algorithm into Crunchtime’s already powerful forecasting engine, the AI forecast provides restaurant teams with a new tool to more accurately predict customer demand.

    Even for a seasoned general manager, forecasting sales is difficult. This wreaks havoc on a restaurant’s profitability and creates a variety of costly operational issues related to inventory, waste, and staff scheduling.

    Over the past 12 months, Crunchtime has worked closely with customers to test, refine and improve its existing industry-leading forecast engine with the addition of AI forecasting capabilities. Early results have been promising with restaurants seeing an increase in forecast accuracy by up to 27% at different store locations during testing.

    “The restaurant landscape has become too competitive for managers to spend all their time in the back office using guesswork to forecast sales, order food, and schedule staff,” said John Raguin, CEO of Crunchtime. “By automating this time-consuming process with AI we’re delivering even better results. At one store location, the AI forecast was within 13 cents of actual sales, and the algorithm is only going to improve over time as more data is processed.”

    Crunchtime’s AI applies rigorous data science and analyzes a vast amount of a restaurant’s historical data to create a more accurate prediction of the store’s future sales, expected guest counts, and anticipated number of checks.

    Forecast data is integrated throughout the Crunchtime platform, as it drives critical recommendations for managers on the ideal number of hours to schedule labor, how much food to prep throughout the day, and how much food to order from vendors.

    “As an industry leader in forecasting, our focus is ensuring that restaurants have high-quality data, at the right time, for the right people, so restaurant teams can always make the best possible decisions about their food and labor operations,” said Erik Cox, VP of Product Management for Crunchtime. “AI forecasting is the first of many exciting applications of AI that our team will deliver to help restaurants and their teams thrive.”

    Crunchtime’s AI forecasting is included in both the Inventory Management and Labor & Scheduling solutions.

    To learn more about Crunchtime AI forecasting, visit https://www.crunchtime.com/ai-forecasting.

    About Crunchtime
    Crunchtime is how the world’s top restaurant brands achieve ops excellence in every location. Our software is used in over 150,000 locations in 100+ countries to manage inventory, staff scheduling, learning and development, food safety, operational tasks, and audits. Crunchtime enables customers, including Chipotle, Jersey Mike’s, Domino’s, Dunkin’, Five Guys, and P.F. Chang’s, to control food and labor costs and deliver great experiences. For more information, visit crunchtime.com.

    Media Contact:

    Cindy Poulos
    Vice President of Marketing Communications
    cindypoulos@crunchtime.com 

    The MIL Network