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Category: GlobeNewswire

  • MIL-OSI: World Network Unveils Major Updates at San Francisco Event

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) — World Network, formerly known as Worldcoin, today made a series of groundbreaking announcements during its exclusive global event in San Francisco, hosted by co-founders Sam Altman and Alex Blania. As artificial intelligence (AI) continues to evolve at a rapid pace, World is introducing new infrastructure to empower individuals and create systems that benefit everyone.

    Here are the key updates from the event:

    1. Next-Generation Orb: Expanding the Reach of Proof of Human Verifications

    World unveiled the latest Orb, a revolutionary new device that enhances the efficiency and scalability of World ID verifications. Powered by the latest NVIDIA Jetson chipset, the new Orb offers nearly five times the AI performance compared to its predecessor. Its updated design reduces complexity with 30% fewer parts and includes a removable external SD card for full auditability.

    The new Orb enables the creation of more flexible verification models, including flagship locations, on-demand Orbs, and self-serve kiosks—accelerating the deployment of proof of human verifications across the globe.

    2. World ID 3.0: Credentials and Enhanced Privacy Features

    The launch of World ID 3.0 introduces new features like World ID Credentials, allowing users to store and use information from their NFC-enabled passports on their devices. This enables World ID holders to verify their age, nationality, or passport ownership without revealing their full identity.

    Additionally, World ID 3.0 brings stronger privacy protections with AMPC (Advanced Multiparty Computation) and World ID Deep Face, a new tool designed to combat online fraud and enhance security in digital interactions.

    3. World App 3.0: The Super App for Humans

    World announced the release of World App 3.0, a redesigned platform built to scale with the expanding World Network. It now supports Mini Apps, allowing third-party apps to integrate directly with World ID, Wallet, and Contacts, all while maintaining user anonymity.

    The updated World App also includes enhanced wallet features like Vault and World Pay (where available), and it supports World ID Credentials, offering greater utility and security for users.

    4. World Chain Mainnet Launch

    The highly anticipated World Chain mainnet is officially live. With the migration of over 15 million World ID holders and World App users to the network, World Chain is the first blockchain designed specifically to prioritize human activity and transactions.

    World Chain is supported by leading blockchain services, including Optimism, Alchemy, Uniswap, Safe, Dune, and Etherscan, ensuring a robust and scalable infrastructure for users worldwide.

    5. Worldcoin Becomes World Network

    As the scope and scale of the project continue to expand, Worldcoin has officially rebranded as World Network. The name change reflects the project’s broader mission to accelerate progress for all humanity. World Network now stands on three key pillars: World Chain, World ID, and Worldcoin—a network of verified humans designed to ensure an optimistic future where humans remain at the center of AI development.

    About World Network

    Initially developed by Sam Altman, Alex Blania and Max Novendstern, World Network is intended to be the world’s largest, most inclusive identity and financial public utility accessible by everyone: an open network supported by a global community of developers, individuals, economists, and technologists. Stewarded by the World Foundation, the project aims to expand global economic participation and accessibility.

    About Tools For Humanity

    Tools for Humanity (TFH) is a global technology company established to accelerate the transition towards a more just economic system. It led the initial development of World Network and operates the World App. It is governed entirely independently of the World Foundation. Over time, TFH will continue to develop important tools supporting World Network and beyond. Tools for Humanity Corporation is a Delaware (U.S.) corporation headquartered in San Francisco, California. To learn more, visit: https://www.toolsforhumanity.com/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80a18d67-54e6-435d-9234-25420ac00506

    The MIL Network –

  • MIL-OSI: PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States newswire services or for dissemination in the United States

    TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2024 October cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on October 23, 2024, will receive per-unit cash distribution payable on or about October 31, 2024.

    Details of the per-unit cash distribution amount are as follow:

    Fund Name Ticker Cash Distribution per Unit
    PIMCO Monthly Income Fund (Canada) PMIF $0.11425
    PIMCO Monthly Income Fund (Canada) US$ PMIF.U US $0.11878
    PIMCO Investment Grade Credit Fund (Canada) IGCF $0.06267
    PIMCO Global Short Maturity Fund (Canada) PMNT $0.08361
    PIMCO Low Duration Monthly Income Fund (Canada) PLDI $0.10933

    The Manager, PIMCO Canada administers and manages the PIMCO Canada ETFs, and retains Pacific Investment Management Company LLC (“PIMCO”), to provide sub-advisory services to the Funds.

    About PIMCO

    PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, drawing upon our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

    Forward-Looking Statements

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Funds’, PIMCO Canada’s and/or PIMCO’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Funds, PIMCO Canada and/or PIMCO believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, PIMCO Canada and/or PIMCO undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other factors which affect this information, except as required by law.

    No offering is being made by this material. Interested investors should obtain a copy of the prospectus, which is available from your Financial Advisor.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

    All investments contain risk and can lose value. For a summary of the risks of an investment in a specific fund, please see the Funds prospectus.

    The Fund’s distribution rates may be affected by numerous factors, including but not limited to changes in realized and projected market returns, fluctuations in market interest rates, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund’s distribution rate or that the rate will be sustainable in the future.

    For instance, during periods of low or declining interest rates, the Fund’s distributable income and distribution rate may decline for many reasons. For example, the Fund may have to deploy uninvested assets (whether from purchases of Fund units, proceeds from matured, traded or called debt obligations or other sources) in new, lower yielding instruments. Additionally, payments from certain instruments that may be held by the Fund (such as variable and floating rate securities) may be negatively impacted by declining interest rates, which may also lead to a decline in the Fund’s distributable income and distribution rate.

    Funds can offer different series, which are subject to different fees and expenses (which may affect performance), having different minimum investment requirements and are entitled to different services.

    The products and services provided by PIMCO Canada may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose.

    PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.

    PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. ©2024, PIMCO

    PIMCO Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350

    Contact:
    Agnes Crane
    PIMCO – Media Relations
    Phone: +212 597.1054

    The MIL Network –

  • MIL-OSI: Goosehead Insurance, Inc. to Report Third Quarter 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, Oct. 17, 2024 (GLOBE NEWSWIRE) — Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), announced today that it will report its third quarter 2024 results after the market close on Wednesday, October 23, 2024.

    The company will hold a conference call to discuss results at 4:30 PM ET on October 23rd. To access the call by phone, participants should go to this link (registration link), and you will be provided with the dial in details. A live webcast of the conference call will also be available on Goosehead’s investor relations website at ir.gooseheadinsurance.com.

    A webcast replay of the call will be available at ir.gooseheadinsurance.com for one year following the call.

    About Goosehead

    Goosehead (NASDAQ: GSHD) is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services through corporate and franchise locations throughout the United States. Goosehead was founded on the premise that the consumer should be at the center of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience. Goosehead represents over 150 insurance companies that underwrite personal and commercial lines. For more information, please visit goosehead.com or goosehead.com/become-a-franchisee.

    Contacts

    Investor Contact:

    Dan Farrell
    Goosehead Insurance – VP Capital Markets
    Phone: (214) 838-5290
    E-mail: dan.farrell@goosehead.com; IR@goosehead.com

    PR Contact

    Mission North for Goosehead Insurance
    Email: goosehead@missionnorth.com; PR@goosehead.com

    The MIL Network –

  • MIL-OSI: b1BANK Promotes Jerry Vascocu to President

    Source: GlobeNewswire (MIL-OSI)

    BATON ROUGE, La., Oct. 17, 2024 (GLOBE NEWSWIRE) — b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced today that N. Jerome “Jerry” Vascocu Jr. will be the bank’s new president, reporting to Jude Melville, who will retain the title of chairman and CEO.

    Vascocu, who joined b1BANK in 2022 as chief administrative officer, oversees the coordination of banking, operations, risk and credit functions for the bank. He has also led several functions for the bank including correspondent banking, wealth management, human resources and marketing, where he recruited additional strong teammates, developed new products and introduced new technology.

    “With an extensive and varied 30-year career, Jerry’s proven leadership and broad-based banking experience is especially relevant to the challenges and opportunities we anticipate facing as we continue to grow our impact on behalf of clients across the regions in which we operate,” said Jude Melville, chairman and CEO of b1BANK. “Most important, he’s a good person and I look forward to partnering with him in this new role.”

    Before joining b1BANK and relocating to Baton Rouge, La., Vascocu led the development and implementation of client-focused strategies for commercial banking teams across the Southeast at First Horizon Bank. During his 17-year career at IBERIABANK and First Horizon, he also served as market president in multiple markets across Louisiana and Arkansas. Vascocu started his banking career immediately after earning his Bachelor of Arts in Economics from Vanderbilt University.

    “b1BANK continues to build momentum in all our markets and across our various business units. This is a direct result of our teams’ dedication to our clients and to the communities we serve,” said Vascocu. “I am fortunate to be part of a great organization and thankful for the opportunity to serve in an expanded leadership role. I am excited about what is ahead for b1BANK.”

    Vascocu remains focused on community development, economic development, education and healthcare, having served in board leadership roles across Louisiana most recently for One Acadiana, Ochsner Lafayette General Hospital and Foundation, University of Louisiana at Lafayette College of Business and Athletic Foundation.

    About Business First Bancshares, Inc.

    As of June 30, 2024, Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, had approximately $6.7 billion in assets, $6.1 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and Texas, providing commercial and personal banking products and services. Commercial banking services include commercial loans and letters of credit, working capital lines and equipment financing, and treasury management services. b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista and is a multiyear winner of American Banker’s “Best Banks to Work For.” Visit b1BANK.com for more information.

    Misty Albrecht
    b1BANK
    225.286.7879
    Misty.Albrecht@b1BANK.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f3fe29c-03e2-468c-afd8-4ed162d7727e

    The MIL Network –

  • MIL-OSI: Dundee Corporation Announces Acquisition of Shares of Greenheart Gold Inc.

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 2,000,000 common shares of Greenheart Gold Inc. (TSXV – GHRT) (the “Issuer”) at the price of C$0.50 per share for aggregate consideration of C$1,000,000 as part of the Issuer’s bought deal private placement.

    Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned 9,768,366 common shares of the Issuer representing an approximate 12.07% interest in the Issuer on an undiluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own or control an aggregate of 11,768,366 common shares representing an approximate 7.68% interest in the Issuer on an undiluted basis.  

    Dundee acquired the securities of the Issuer for investment purposes only. Dundee intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Issuer, subsequent developments affecting the Issuer or its business, and the general market and economic conditions. Based upon these and other factors, Dundee may decide to purchase additional securities of the Issuer or may decide in the future to sell all or part of its investment.

    This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at http://www.sedar.com under the Issuer’s profile. To obtain a copy of the early warning report filed by Dundee, please contact:

    Dundee Corporation
    Legal Department
    80 Richmond Street West, Suite 2000
    Toronto, Ontario M5H 2A4
    Tel: (416) 365-5172

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network –

  • MIL-OSI: KnowBe4 Honours 2024 EMEA Partner Programme Award Winners

    Source: GlobeNewswire (MIL-OSI)

    Leeds, UK, Oct. 17, 2024 (GLOBE NEWSWIRE) — KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced the winners of its 2024 Partner Programme Awards from Europe, the Middle East and Africa during their KB4-CON EMEA event.

    This annual awards programme recognises KnowBe4 Partners demonstrating sales excellence, marketing innovation, thought leadership and top performance in key areas of growth. Held in person for the first time, the awards ceremony closed the cybersecurity conference where attendees immersed themselves into the convergence of AI and the human layer. KnowBe4’s mission, together with its partner community, is to empower customers’ cybersecurity through knowledge, awareness, coaching and human risk mitigation.

    “Our 2024 EMEA Partner Programme Award winners represent some of our strongest partnerships in the region,” said Tony Jennings, EVP international & global channel sales and 2024 CRN Channel Chief. “Celebrating this excellence in person for the first time further demonstrates the significant investments we have made in accelerating partner-led growth. We thank these partners for their dedication, and we look forward to continued success.”

    “We believe in the power of data to drive success, and our partner awards programme was founded on this core value,” said Kirsten Esposito, VP, global channel sales and 2024 CRN Channel Chief. “These partners have not only exceeded quantitative benchmarks but have championed a customer-first approach to human risk management. We are proud to welcome them into our 2024 global awards class.”

    The winners of the KnowBe4 2024 Partner Programme Awards from Europe, the Middle East and Africa are:

    EMEA Partner of the Year
    United Security Providers AG
    Awards the partner who has demonstrated overall excellence in advocating for strong security culture, joint go-to-market strategy, sales growth and marketing innovation.

    Partners to Watch

    Awards the partners regionally who have shown tremendous growth and potential for future advancement in our Partner Programmes.

    EMEA Marketing Innovator of the Year
    InfoGuard AG
    Awards the partner who has executed creative and successful marketing campaigns and gone above and beyond to promote our joint value.

    EMEA Product Champion of the Year
    Integrity360
    Awards the partner who has championed selling the full product suite to help their customers build a human layer of defence.

    For more information on KnowBe4’s partner programmes, visit https://www.knowbe4.com/partners/partner-programs.

    About KnowBe4
    KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 70,000 organisations around the globe. Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organisations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. The late Kevin Mitnick, who was an internationally recognised cybersecurity specialist and KnowBe4’s Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Organisations rely on KnowBe4 to mobilise their end users as their last line of defence and trust the KnowBe4 platform to strengthen their security culture and reduce human risk.

    The MIL Network –

  • MIL-OSI: Berry Corporation to Report Third Quarter 2024 Results and Hold Conference Call November 7

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 17, 2024 (GLOBE NEWSWIRE) — Berry Corporation (NASDAQ: BRY) (“Berry” or the “Company”) today announced it will report third quarter 2024 results on Thursday, November 7, 2024, before the open of U.S. financial markets and will host a conference call and webcast that morning to discuss these results; details and links are provided below.

    Earnings Call Information

    Call Date: Thursday, November 7, 2024
    Call Time: 11:00 am a.m. Eastern Time / 10:00 a.m. Central Time / 8:00 a.m. Pacific Time
     

    Join the live listen-only audio webcast at https://edge.media-server.com/mmc/p/tysxczje or at https://bry.com/category/events

    If you would like to ask a question on the live call, please preregister at any time using the following link:
    https://register.vevent.com/register/BIe48b23e273834c71bc53e0d17114932f.
    Once registered, you will receive the dial-in numbers and a unique PIN number. You may then dial in or have a call back. When you dial in, you will input your PIN and be placed into the call. If you register and forget your PIN or lose your registration confirmation email, you may simply re-register and receive a new PIN.

    A web based audio replay will be available shortly after the broadcast and will be archived at https://ir.bry.com/reports-resources or visit https://edge.media-server.com/mmc/p/tysxczje or https://bry.com/category/events

    About Berry Corporation

    Berry is a publicly traded (NASDAQ: BRY) Western United States independent upstream energy company with a focus on onshore, low geologic risk, long-lived oil and gas reserves. We operate in two business segments: (i) exploration and production (“E&P”) and (ii) well servicing and abandonment. Our E&P assets are located in California and Utah, are characterized by high oil content and are predominantly located in rural areas with low population. Our California assets are in the San Joaquin basin (100% oil), while our Utah assets are in the Uinta basin (60% oil and 40% gas). We operate our well servicing and abandonment segment in California. More information can be found on the Company’s website at bry.com.

    The MIL Network –

  • MIL-OSI: Infrastructure Dividend Split Corp. Announces Preferred Distribution and Increase to Class A Distribution Rate

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Infrastructure Dividend Split Corp. (TSX: IS and IS.PR.A) (the “Company”), is pleased to announce an increase in the monthly distribution rate of Class A shares from $0.125/share to $0.14/share. The distribution increase is supported by dividend growth from several of the Company’s portfolio holdings and the strong performance and outlook for the infrastructure sector.  

    On May 6, 2024, the Class A shares were converted from units of the International Clean Power Dividend Fund (TSX: CLP.UN) at a value of $15.00 per share. As of October 16, 2024, the Net Asset Value per Class A share is $17.93. In addition, the Company has paid cumulative monthly distributions to Class A shareholders of $0.75 per share since inception.

      Record Date   Payable Date Distribution Per
    Equity Share
    October 31, 2024 November 15, 2024 $0.14
         

    The Company also announces the second quarterly distribution of 2024 will be payable to preferred shareholders as follows:

      Record Date   Payable Date Distribution Per
    Preferred Share
    October 31, 2024 November 15, 2024 $0.18
         

    The equity and preferred shares both trade on the Toronto Stock Exchange under the respective symbols IS and IS.PR.A.

    The Company invests in a diversified, actively managed portfolio of dividend-paying securities of issuers operating in the infrastructure sector, focusing on issuers that that Middlefield Capital Corporation, the investment advisor of the Company, believes are undervalued and well-positioned to benefit from the outlook for a gradual reduction in interest rates, the global decarbonization, and favourable demographics.

    For further information, please visit our website at http://www.middlefield.com or contact our Sales and Marketing Department at 1.888.890.1868.

    This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Company. Actual future results, including the amount of distributions paid by the Company, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Company’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Company; and the uncertainty of realizing capital gains.  The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Company’s prospectus and other documents filed by the Company with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Company’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Company’s estimate as of any date other than the date of this press release.

    The MIL Network –

  • MIL-OSI: XTOOLOnline Launches the XTOOL D5, D5S, D6, D6S, and IP500 OBD2 Scanner: Trusted Automotive Diagnostic Tools Backed by Industry-Leading Innovation

    Source: GlobeNewswire (MIL-OSI)

    SANTA ANA, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) — XtoolOnline, a leader in advanced automotive diagnostics, has unveiled eight new tools, marking a significant milestone in the brand’s evolution. Jim Jin, CEO of XtoolOnline, stated, “This launch features a comprehensive product matrix, including single-model, four-system, and full-system tools. We developed these offerings to address gaps in our current product line at this price point, cater to diverse consumer needs, and further enhance our brand visibility.”

    XtoolOnline’s newly launched eight tools feature a fresh design, portable size, and robust capabilities. This lineup includes the four-system XTOOL D5 and D5S, the full-system XTOOL D6 and D6S, as well as the four single-model diagnostic tools IP500. The intuitive interface makes them accessible to both novice users and seasoned professionals, ensuring seamless operation and enhanced efficiency.

    D5/D5S: Four-System Diagnostic Tool

    The XTOOL D5/D5S is designed for automotive technicians and DIY enthusiasts looking for reliable diagnostics at an entry-level price. Developed with an in-depth understanding of our customers’ diverse daily diagnostic needs, this tool provides basic diagnostics for four systems, along with complete OBD2 functionality. The D5 includes 9 special functions, while the D5S enhances your capabilities with 15 special functions, making it an excellent choice for those starting in vehicle diagnostics.

    D6/D6S: All-System Diagnostic Tool

    For professionals seeking advanced diagnostic solutions, the XTOOL D6/D6S offers extensive vehicle coverage and comprehensive OBD2 functionality. The D6 includes 15 special functions, while the D6S boasts an impressive 30 special functions. This series is ideal for daily repair tasks, delivering exceptional performance and outstanding value as a cost-effective solution for both seasoned professionals and automotive enthusiasts. The D6 series represents an upgrade from the D5 series, catering to users who require more advanced diagnostic capabilities.

    IP500: All-System, Full-Function Diagnostic Tool for Specific Vehicle Models: IP500-TLS, IP500-BMR, IP500-BCC, and IP500-DJC

    The XTOOL IP500 series is tailored for specific vehicle models such as BMW, Toyota, Buick, and Dodge. These diagnostic tools provide comprehensive full-system and full-function diagnostics, supporting a range of functions, including active tests, calibration, resets, and coding. Ideal for specialized technicians and workshops, the IP500 series delivers precise diagnostics for those working with specific brands.

    XtoolOnline’s newly launched range of these eight products comes with lifetime free updates. XtoolOnline aims for these tools to be your long-term companions, ensuring the safety and optimal performance of your vehicle.

    For more information, please visit http://www.xtoolonline.com

    For Purchase, please visit http://www.xtoolglobal.com

    ABOUT XTOOLONLINE

    Established in 2011, XTOOLonline is the extension of XTOOL, offering a comprehensive range of automotive tools tailored to meet the diverse needs of our global customers. XTOOLonline specializes in delivering top-of-the-line products, we cover a wide spectrum, including cars, trucks, electric vehicle scanners, key programming tools, and code readers.

    XTOOLONLINE Make Repairs Easier-Online Series of XTOOL.

    Media Contact:
    Full company name: XTOOLONLINE
    Company website: http://www.xtoolonline.com
    Name: Jason Lin
    Email id: marketing@xtoolonline.com

    SOURCE Xtoolonline Technology Co, Ltd

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc1b5c0d-b496-488a-b45f-58240c5d4b9f

    The MIL Network –

  • MIL-OSI: Bitget Wallet Users Doubled in Six Months Amid DEX Trading Surge, TON, and Meme Coin Booms

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 18, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, the leading Web3 non-custodial wallet, has surpassed 40 million users with 100% growth in just six months, becoming the second most downloaded crypto app globally after Binance. This surge reflects Bitget Wallet’s growing role in the DeFi ecosystem, closely tied to the rapid expansion of the TON ecosystem and rising DEX trading activity.

    Bitget Wallet’s growth is largely contributed by its deep integration with the TON ecosystem, offering seamless access to decentralized apps and services through Telegram. This year, the wallet partnered with over 40 TON projects and saw a 4,886% increase in TON addresses in Q3 2024. Overall, on-chain activity surged with token swaps up 125% and token transfers rising 175%, reflecting growing user demand for decentralized solutions. Bitget Wallet’s comprehensive features—including asset management, swaps, and staking—make it a key entry point for new Web3 users, including those onboarding through Telegram.

    The explosive growth of Bitget Wallet is also closely tied to the rising popularity of DEX trading, as more users seek decentralized solutions to manage their digital assets. DEX trading has hit an all-time high of over 20% of the total spot trading volume, according to DeFiLlama, as more users turn to decentralized exchanges. Bitget Wallet’s intuitive interface and comprehensive product offerings have made it easier for first-time crypto users to engage with DeFi. A standout feature driving this growth is Bitget Wallet’s advanced Swap function, which aggregates liquidity from over 100 DEXs, enabling fast and cost-effective token exchanges. In Q3 2024, the wallet saw a 125% increase in Swap activity, underscoring its crucial role in facilitating seamless trading experiences for users. This signals a broader trend in the industry, where decentralized wallets are competing with centralized exchanges and becoming critical gateways to Web3 trading.

    The ongoing meme coin boom has also fueled growth, attracting both new users and seasoned investors. Solana and TON ecosystems have demonstrated significant wealth effects, bringing liquidity and innovation to decentralized exchanges, while meme coins have boosted transaction demand and user engagement. This surge has increased on-chain activity and positioned Bitget Wallet as a hub for decentralized trading. Since its inception in 2018, Bitget Wallet has established itself as a comprehensive Web3 hub. Supporting over 100 blockchains, 20,000+ DApps and 500,000+ tokens, it stands out in the decentralized marketplace. The wallet’s Swap feature not only enables efficient token exchanges but also enhances the overall user experience by providing access to real-time market insights and trading tools.

    Alvin Kan, COO of Bitget Wallet, stated, “Surpassing 40 million users is a clear indication that we’re meeting the demand for accessible crypto solutions in a rapidly evolving market. Our Swap feature has become a vital tool for users looking to trade seamlessly and efficiently. We’re excited to be at the forefront of this decentralized finance revolution.”

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 500,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9440c859-8c8a-4b49-8bb3-ae1be97dba72

    The MIL Network –

  • MIL-OSI: Bitget Wallet and 1inch Partner to Elevate Multichain DEX Trading Experience

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 18, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, the leading Web3 non-custodial wallet, has announced a strategic partnership with 1inch, the premier DEX aggregator. 1inch has integrated Bitget Wallet as a wallet connection option on its platform, enabling users to trade seamlessly through Bitget Wallet for a smoother experience. Previously, Bitget Wallet had integrated 1inch as an aggregator to enhance its swap functionality, offering users a better experience and improved pricing.

    As pioneers in decentralized trading, Bitget Wallet and 1inch have established a strong partnership. 1inch, known for its top-tier DEX aggregation and advanced routing algorithms, ensures optimal trading prices and minimized slippage. With decentralized trading at its core, Bitget Wallet is the most user-friendly multichain wallet and the leading gateway for Web3 traders. Previously, Bitget Wallet had incorporated 1inch’s services within its Swap feature, allowing users to perform instant token swaps and place limit orders, boosting trading efficiency while providing competitive prices and broad liquidity.

    Bitget Wallet’s Swap feature aggregates hundreds of DEXs and cross-chain bridges, offering token swaps, limit orders, and cross-chain services across more than 50 blockchains. Its smart algorithms deliver the best pricing for seamless exchanges between any tokens. In addition, users benefit from real-time market data, advanced trading tools, such as gasless transactions, automatic slippage adjustments, smart money tracking, and rapid trading modes. These features enhance both flexibility and speed, giving users a powerful edge in decentralized markets.

    Bitget Wallet recently surpassed 40 million users, growing over 100% in six months, and now it is the second most downloaded crypto app globally, rivaling Binance. This growth has been driven by the wallet’s robust Swap functionality and deep integration with the TON ecosystem. In Q3 2024, Bitget Wallet recorded a 125% surge in Swap activities and a 4886% increase in TON addresses, highlighting its role as a key player in Web3 trading.

    Alvin Kan, COO of Bitget Wallet, commented, “Swap has always been one of our core product offerings, and we’re committed to building the best trading experience. This deepened collaboration with 1inch helps us strengthen our position as the top multichain wallet and gives users access to more opportunities in Web3.” Looking ahead, Kan also hinted at further joint initiatives with 1inch aimed at delivering greater value and rewards to users.

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 500,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a1e534af-2f11-4e29-b348-93414e50ae0c

    The MIL Network –

  • MIL-OSI: The Enemy Within: Navigating the Evolving Landscape of Insider Threats

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, UAE, Oct. 18, 2024 (GLOBE NEWSWIRE) — In today’s interconnected digital world, organizations face a multitude of cybersecurity challenges, with insider threats posing a significant risk. These threats, whether malicious or unintentional, pose a significant risk to organizations of all sizes and industries.

    The Evolving Nature of Insider Threats

    Traditionally, insider threats were often disgruntled employees or those motivated by personal gain. However, the landscape has shifted. State-sponsored actors, and sophisticated hacking groups are now actively planting threat actors inside of target organizations. This new breed of insider threat is patient, highly skilled, and often backed by substantial resources.

    Recently, KnowBe4 inadvertently hired a North Korean threat actor who attempted to infiltrate the organization by posing as a software engineer. Thanks to our strong security protocols and the vigilance of the InfoSec team, they were exposed within 25 minutes of showing suspicious activities during onboarding, preventing any unauthorized access to systems.

    Incidents like these underscore a well-known and widespread tactic employed by North Korean threat actors. This was confirmed later when we shared the collected data with the FBI and cybersecurity experts at Mandiant. It’s a reminder that in cybersecurity, information sharing is crucial.

    Other recent incidents across various industries have also highlighted this growing trend. Organizations have found themselves unknowingly hiring individuals with malicious intent. These threat actors often pose as legitimate job seekers, using stolen or fabricated identities, and leveraging advanced technologies like AI to create convincing personas.

    The Modern Insider Threat

    Today’s insider threats are mostly characterized by:

    • Sophisticated Identity Theft: Using stolen identities complete with verifiable background information.
    • Advanced Technology: Employing AI-generated images and deep fake technology to bypass visual verifications.
    • Social Engineering: Expertly navigating interview processes and social interactions within the organization.
    • Technical Skills: Possessing genuine skills to perform job functions while covertly pursuing malicious objectives.
    • Patience and Persistence: Willing to invest significant time to gain trust and access within an organization.

    The Stakes Are Higher Than Ever

    The potential damage from insider threats extends far beyond data breaches or financial losses. These threat actors can:

    • Exfiltrate sensitive data
    • Sabotage critical infrastructure
    • Manipulate financial systems
    • Compromise national security
    • Damage brand reputation and erode customer trust

    Mitigating Insider Threats

    To combat this evolving threat, organizations must adopt a multi-faceted approach:

    • Enhanced Vetting Processes: Implement rigorous background checks, including cross-referencing multiple sources.
    • Continuous Monitoring: Employ advanced behavioral analytics and anomaly detection systems.
    • Zero Trust Mindset: Adopt a “never trust, always verify” approach to access control.
    • Security Awareness Training: Educate all employees about the signs of insider threats and reporting suspicious behavior.
    • Regular Security Audits: Conduct frequent assessments of access privileges and system vulnerabilities.
    • Incident Response Planning: Develop and regularly test plans for quickly containing potential insider threats.
    • Cross-Departmental Collaboration: Foster close cooperation between HR, IT, and security teams to create a unified defense.

    The Path Forward

    As insider threats evolve, organizations must adopt a holistic strategy combining technology with human vigilance. Building a culture of security awareness is crucial, empowering employees to act as human firewalls. Information sharing within industries and with law enforcement is vital, as collaboration is key to combating these sophisticated threats. 

    Conclusion

    The fight against insider threats is an ongoing process of adaptation, learning, and vigilance. In this new era of cybersecurity, our greatest assets are our people, our processes, and our willingness to evolve. By harnessing these strengths, we can create resilient organizations capable of withstanding the threats that lie within.

    To learn more about how you can protect your organization, read the KnowBe4 whitepaper on the topic here.

    By Dr. Martin J. Kraemer, Cybersecurity Awareness Advocate at KnowBe4

    The MIL Network –

  • MIL-OSI: Coop Pank unaudited financial results for Q3 2024

    Source: GlobeNewswire (MIL-OSI)

    By the end of the Q3 2024, Coop Pank had 202,000 customers, increased by 6,000 customers in the quarter (+3%) and by 27,000 in the year (+15%). The bank had 90,100 active customers, increased by 600 (+1%) in the quarter and by 12,700 (+16%) in the year.

    In Q3 2024, volume of deposits in Coop Pank increased by 99 million euros (+6%), reaching total of 1.84 billion euros. Deposits from private clients increased by 9 million euros: demand deposits increased by 3 million euros and term deposits increased by 6 million euros. Deposits from domestic business customers increased by 11 million euros: demand deposits increased by 17 million euros and term deposits decreased by 6 million euros. Deposits from the international deposit platform Raisin and other financing increased by 79 million euros. Compared to Q3 2023, volume of Coop Pank’s deposits has increased by 132 million euros (+8%). In an annual comparison, share of demand deposits of total deposits has increased from 31% to 32%. In Q3 2024, the bank’s financing cost was 3.3%, at the same time last year the financing cost was 2.9%.

    In Q3 2024, net loan portfolio of Coop Pank increased by 40 million euros (+2%), reaching 1.66 billion euros. The volumes of home loan portfolio increased by 31 million euros (+5%), the volumes of business loan portfolio increased by 4 million euros (+1%), the leasing portfolio increased by 3 million euros (+2%) and consumer finance portfolio increased by 1 million euros (+1%). Compared to Q3 2023, total loan portfolio of Coop Pank has increased by 167 million euros (+11%).

    In Q3 2024, overdue loan portfolio of Coop Pank increased from the level of 2.2% to the level of 2.4%. A year ago, overdue loan portfolio was at the level of 2.1%.

    Impairment costs of financial assets in Q3 2024 were 1.0 million euros, which is 0.2 million euros (-17%) less than in the previous quarter and 0,3 million euros (-21%) less than in Q3 2023.

    Net income of Coop Pank in Q3 2024 was 21.2 million euros, increasing by 4% in a quarterly comparison and decreasing by 7% in an annual comparison. Operating expenses reached 10.3 million euros in Q3, operating expenses increased by 2% in the quarterly comparison and 14% in the annual comparison.

    In Q3 2024, net profit of Coop Pank was 8.6 million euros, which is 8% more than in the previous quarter and 22% less than a year ago. In Q3 2024, cost to income ratio of the bank was 48% and return on equity was 17.3%.

    As of 30 September 2024, Coop Pank has 36,400 shareholders.

    Margus Rink, Chairman of the Management Board of Coop Pank, comments the results:

    “At the beginning of September, the 200,000th customer joined Coop Pank. We continue to rapidly grow our customer base: an average, the number of our customers increases by nearly 2,000 and the number of customers actively using our services by nearly 1,000 every month.

    In the third quarter, the growth of Coop Pank’s loan portfolio was driven by private customer home loans. The growth of the business customers loan portfolio was modest. Over the year, the loan portfolio of private and business customers of Estonian banks has grown by nearly 6% (€1.6 billion), while the loan portfolio of Coop Pank has grown by nearly 11% (€167 million). Thus, Coop Pank’s loan volumes grow twice as fast as the market.

    The quality of the loan portfolio continues to be very good, and the long stagnation in the economy has not affected the payment behaviour of customers.

    The interest rate environment is in a downward trend. Since the fall of last year, the 6-month Euribor has fallen by almost 1 percentage point (from 4.1% to 3.1%). Interest on deposits has also responded: the interest paid on annual deposits has decreased by 1 percentage point (from 4.3% to 3.3%). As a result of the mentioned trends, our net interest margin fell from 4.4% to 3.9% during the year. In a falling interest rate environment, the bank’s revenues can only grow at the expense of the growth of business volumes, and that is how it has been at Coop Pank.

    In summary, with the bank’s performance indicators, after the extraordinary year of 2023 with high interest levels, we are back in reality, i.e. at the level of 2022. According to Coop Pank’s long-term goals, our cost-income ratio is below 50% and our return on equity is above 15%.”

    Income statement, in th. of euros Q3 2024 Q2 2024 Q3 2023 9M 2024 9M 2023
    Net interest income 20 021 19 319 21 257 58 420 60 672
    Net fee and commission income 1 040 1 000 1 147 3 054 3 359
    Net other income 167 146 334 438 758
    Total net income 21 228 20 464 22 738 61 912 64 789
    Payroll expenses -6 138 -5 858 -5 297 -17 405 -14 739
    Marketing expenses -593 -775 -630 -1 902 -1 676
    Rental and office expenses, depr. of tangible assets -729 -775 -673 -2 299 -2 098
    IT expenses and depr. of intangible assets -1 579 -1 474 -1 203 -4 457 -3 440
    Other operating expenses -1 221 -1 208 -1 218 -3 716 -3 230
    Total operating expenses -10 261 -10 091 -9 022 -29 777 -25 182
    Net profit before impairment losses 10 967 10 374 13 716 32 135 39 607
    Impairment costs on financial assets -1 022 -1 224 -1 296 -2 822 -5 155
    Net profit before income tax 9 945 9 150 12 420 29 313 34 452
    Income tax expenses -1 296 -1 152 -1 344 -3 528 -3 634
    Net profit for the period 8 649 7 998 11 076 25 785 30 818
               
    Earnings per share, eur 0,08 0,08 0,11 0,25 0,30
    Diluted earnings per share, eur 0,08 0,08 0,11 0,25 0,30
    Statement of financial position, in th. of euros 30.09.2024 30.06.2024 31.12.2023 30.09.2023
    Cash and cash equivalents 404 472 335 710 428 354 404 911
    Debt securities 37 445 36 980 36 421 31 765
    Loans to customers 1 661 152 1 621 000 1 490 873 1 493 985
    Other assets 31 956 32 608 30 564 30 527
    Total assets 2 135 025 2 026 298 1 986 212 1 961 188
    Customer deposits and loans received 1 838 626 1 739 709 1 721 765 1 707 214
    Other liabilities 28 026 28 121 28 435 27 451
    Subordinated debt 63 410 63 148 50 187 50 148
    Total liabilities 1 930 062 1 830 978 1 800 387 1 784 813
    Equity 204 963 195 320 185 825 176 375
    Total liabilities and equity 2 135 025 2 026 298 1 986 212 1 961 188

    The reports of Coop Pank are available at: https://www.cooppank.ee/en/reporting

    Coop Pank will organise a webinar on 18 October 2024 at 9:00 AM, to present the financial results of Q3 2024. For participation, please register in advance at: https://bit.ly/18102024-registreerumine-veebiseminarile

    The webinar will be recorded and published on the company’s website http://www.cooppank.ee and on the YouTube channel.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 202,000 daily banking clients. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 320 stores.

    Additional information:
    Paavo Truu
    CFO
    Phone: +372 516 0231
    E-mail: paavo.truu@cooppank.ee

    Attachments

    The MIL Network –

  • MIL-OSI: Nokia announces changes to its Group Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    18 October 2024 at 08:00 EEST

    Nokia announces changes to its Group Leadership Team

    • Nokia has decided to divide its Corporate Affairs function into two separate functions: Geopolitics and Government Relations; and Communications.
    • Finland’s former Ambassador to the U.S. Mikko Hautala will join Nokia as Chief Geopolitical and Government Relations Officer, and he will become a member of the Group Leadership Team.
    • Louise Fisk has been promoted to Chief Communications Officer and will become a member of the Group Leadership Team.
    • Melissa Schoeb, Chief Corporate Affairs Officer, has decided to leave the company and will step down from the Group Leadership Team.
    • Jenni Lukander, President of Nokia Technologies business group, has decided to leave the company and will step down from the Group Leadership Team.

    Espoo, Finland – Nokia today announced changes to its Group Leadership Team. Its Corporate Affairs function, which is responsible for protecting and enhancing Nokia’s reputation, will be divided into two parts: Geopolitics and Government Relations; and Communications. Former Finland ambassador to the U.S. Mikko Hautala has been appointed Chief Geopolitical and Government Relations Officer and member of the Group Leadership Team, effective November 1, 2024. Louise Fisk has been promoted to Chief Communications Officer, and member of the Group Leadership Team, effective immediately. Chief Corporate Affairs Officer, Melissa Schoeb, has decided to leave the company, effective December 31, 2024, and step down from the Group Leadership Team immediately.

    In addition, President of Nokia Technologies, Jenni Lukander, has decided to leave the company, effective December 31, 2024, and will step down from the Group Leadership Team immediately. Patrik Hammaren, who is currently Chief Licensing Officer, Wireless Technologies, will assume an interim role leading Nokia Technologies and will be a member of the Group Leadership Team as the search commences for Lukander’s successor.

    “Jenni has been a valued member of the Group Leadership Team and played a crucial role in securing the long-term stability of our Technologies business, building a solid foundation for the future. The business group will now move into the next phase of its growth journey. I’m grateful for Jenni’s contribution to Nokia over the past 17 years and for her support during the upcoming transition. I wish her all the best for the next chapter of her career,” said Pekka Lundmark, President and CEO of Nokia.

    As the impact geopolitics has on Nokia’s business continues to grow, the company has taken the decision to establish the new role of Chief Geopolitical and Government Relations Officer. Mikko Hautala has been appointed to this role and will be based in Espoo, Finland, reporting to Pekka Lundmark.

    Hautala is a highly respected diplomat with over two decades of government experience in prominent roles across the world. He served as Finland’s ambassador to the United States between 2020 and 2024. Prior to that, he was the Ambassador of Finland to Russia between 2016 and 2020, and has held a range of government roles, including foreign policy advisor to Finland’s former President Sauli Niinistö.

    “Mikko’s vast experience, excellent networks and deep understanding of international diplomacy will be hugely valuable to Nokia as geopolitical factors and government policies increasingly shape our operating environment. I’m excited to welcome Mikko to the Nokia team and believe his unique strategic perspective will help strengthen our positioning in our key markets,” said Lundmark.

    “I am extremely delighted to join Nokia’s leadership team at the moment when geopolitical and strategic considerations matter more than ever. Navigating the right path under these conditions is demanding, but offers great potential for sustainable business growth,” said Hautala.

    As Nokia continues to strengthen its position and expand into new markets, the company has promoted Louise Fisk to Chief Communications Officer. She will continue to be based in London, U.K. and report to Pekka Lundmark. Fisk’s previous role at Nokia was VP, Corporate Affairs Programs & Corporate Communications. Before joining Nokia, she worked in a number of senior leadership roles, including BAE Systems Applied Intelligence and Logica.

    “I’m pleased to welcome Louise to our leadership team where she will further strengthen our strategic communications and brand positioning. Louise has already proven her ability to protect and enhance Nokia’s reputation and I look forward to her further developing our strategic positioning. I would also like to thank Melissa for her contribution, not least for delivering our brand refresh in 2023 to reposition Nokia as who we are today: a B2B technology innovation leader. I wish her all the best in her future endeavors,” said Lundmark.

    In the new setup, Nokia’s Sustainability team, previously part of the Corporate Affairs function, will report to Chief Legal Officer, Esa Niinimäki, with immediate effect.

    About Mikko Hautala:

    Born: 1972

    Nationality: Finnish

    Education:

    • Master of Social Sciences (Political history), University of Helsinki
    • Master of Philosophy (Slavic languages), University of Helsinki

    Experience:

    • 2020–2024        Ambassador, Head of Mission, Embassy of Finland, Washington DC 2016–2020        Ambassador, Head of Mission, Embassy of Finland, Moscow
    • 2012–2016        Foreign Policy Adviser to the President, Office of the President of the Republic of Finland, Helsinki
    • 2011–2012        Minister, Deputy Head of Mission, Embassy of Finland, Moscow
    • 2007–2011        Diplomatic Adviser to the Minister of Foreign Affairs, Ministry for Foreign Affairs, Helsinki
    • 2002–2007        First Secretary, Permanent Representation of Finland to the EU, Brussels
    • 2001–2002        Attaché, Ministry for Foreign Affairs, Helsinki 1999–2001        Attaché, Embassy of Finland, Kyiv
    • 1998–1999        Visa Officer, Embassy of Finland, Kyiv
    • 1998        Market Analyst, Kazakhstan, Oy Sinebrychoff Ab, Helsinki
    • 1997        Trainee, Embassy of Finland, Kyiv

    Additional positions:

    • Board Member Support for Finnish Society (SYT) foundation.
    • Chairman John Morton Center for North American Studies Board. University of Turku.

    About Louise Fisk:

    Born: 1976

    Nationality: British

    Education:

    • Advanced executive leadership development, DUKE University.
    • Advanced global leadership, INSEAD business school
    • Post graduate diploma in PR & Journalism, University of Wales, College of Cardiff
    • BA Hons in Communication, University of Wales, College of Cardiff

    Experience:

    • 2020-2024 Vice President, Corporate Affairs Programs & Corporate Communications, Nokia.
    • 2015-2019 Global leadership team, Communications and Marketing Director, BAE Systems Applied Intelligence.
    • 2012-2015 Head of Global Communications, Investor Relations and Marketing, Innovation Group.
    • 2006-2012 Global PR Director & Deputy Communications Director, Logica.
    • 1999-2006 Partner & Associate Director, LEWIS Communications.

    Additional positions:

    • Trustee of the Williams Syndrome Foundation

    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: Subsidiary of EfTEN Real Estate Fund AS acquired the ELP Logistics OÜ logistics center

    Source: GlobeNewswire (MIL-OSI)

    On 17.10.2024, EfTEN Härgmäe OÜ finalized the transaction by which the company acquired the properties located at Härgmäe Str. 8 and Piimamehe Str. 7 in Tallinn from the Conus Assets OÜ.
    Previously (20.09.2024), the fund has notified the stock exchange of the conclusion of a contract of sale under the law of obligations. All the agreed preconditions for the transfer of ownership and the conclusion of a real right contract have been met.
    The properties will be used by the logistics company ELP Logistics OÜ under a long-term lease (10+5 years).

    Viljar Arakas
    Member of the Management Board
    Tel. 655 9515
    Email: viljar.arakas@eften.ee

    The MIL Network –

  • MIL-OSI: Sampo plc’s share buybacks 17 October 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 18 October 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 17 October 2024

    On 17 October 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      4,168 41.68 AQEU        
      36,033 41.69 CEUX
      412 41.69 TQEX
      49,202 41.68 XHEL
    TOTAL 89,815 41.69  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 8,862,408 Sampo A shares representing 1.61 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    The principal media
    FIN-FSA
    DEN-FSA
    http://www.sampo.com

    Attachment

    The MIL Network –

  • MIL-OSI: Changes to the Management Board of Inbank

    Source: GlobeNewswire (MIL-OSI)

    The Supervisory Board of AS Inbank confirmed the appointment of Ivar Kurvits as a new member of the Management Board returning from a sabbatical, who assumed his role on October 17, 2024.

    Ivar Kurvits returns to his position as Chief of Staff at Inbank and resumes his responsibilities as a board member after a six-month sabbatical. Ivar Kurvits, who has long-term experience in legal and management, has been a member of the Inbank management board since 2020. Prior to joining Inbank, he held senior positions at Eesti Energia and the law firm Sorainen.  

    The eight-member Management Board of AS Inbank also includes Chairman of the Board Priit Põldoja, CFO Marko Varik, Head of Baltic Business Margus Kastein, Head of CEE Business Maciej Pieczkowski, Head of Growth and Business Development Piret Paulus, Chief Product and Technology Officer Erik Kaju, and Head of Risk Control Evelin Lindvers.

    Inbank is a financial technology company with an EU banking license that connects merchants, consumers and financial institutions on its next generation embedded finance platform. Partnering with 6,100 merchants, Inbank has 895,000+ active contracts and collects deposits across 7 markets in Europe. Inbank bonds are listed on the Nasdaq Tallinn Stock Exchange.

    Additional information:
    Merit Arva
    Inbank AS
    Head of Brand and Communications
    merit.arva@inbank.ee
    +372 553 3550

    The MIL Network –

  • MIL-OSI: Azerion publication date of Q3 2024 results set for 19 November 2024

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, 18 October 2024 – Azerion, one of Europe’s largest digital advertising and entertainment media platforms, announces the adjustment of its upcoming Q3 interim unaudited financial reporting date to 19 November 2024, ten days earlier than the previously scheduled 28 November 2024. Over the past year, integration and consolidation efforts have helped Azerion mature as a publicly listed company, resulting in improved reporting efficiencies. These enhancements support Azerion’s growth and commitment to timely reporting while enabling it to capture opportunities faster and expand its market share.

    Future reporting dates:

    Q3 2024 Q4 and FY 2024 Q1 2025 Q2 2025 Q3 2025
    19 November 2024 27 February 2025 28 May 2025 28 August 2025 18 November 2025

    About Azerion
    Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. Azerion brings global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners.

    Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in over 22 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advertising.

    For more information visit: http://www.azerion.com

    Contact
    Investor Relations: ir@azerion.com
    Media: press@azerion.com

    The MIL Network –

  • MIL-OSI: Awilco Drilling Plc: New Sponsored Norwegian Depository Receipts (SNDRs) issued

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the stock exchange notices from Awilco Drilling PLC (“Awilco Drilling” or the “Company”) on 1 October and 10 October regarding the issuing of 10,136,819 new Sponsored Norwegian Depository Receipts (SNDRs) based on the exercising of 10,136,819 warrants at a subscription price of NOK 1 per SNDR (the “Private Placement”) and the corresponding issuance of new shares.

    On 17 October 2024, the 10,136,819 new shares were legally and validly issued. Following the issuance of the new shares, Awilco Drilling has a share capital of GBP 495,099.08 divided into 24,754,954 shares, each with a nominal value of GBP 0.02.

    Furthermore, Equro Issuer Services AS, Awilco Drilling’s issuer account operator with Euronext Securities Oslo (the “VPS”) has today issued new 10,136,819 SNDRs, each corresponding to one underlying share in Awilco Drilling. The SNDRs will be delivered to subscribers in the Private Placement on or about 18 October on a delivery-versus-payment basis.

    Aberdeen, 18 October 2024

    For further information please contact:

    Eric Jacobs, CEO of Awilco Drilling; Tel: +47 95 29 22 71
    Cathrine Haavind, Investor Relations of Awilco Drilling; Tel: +47 93 42 84 64, ch@awilcodrilling.com

    This information is published in accordance with the requirements of the Continuing Obligations.

    The MIL Network –

  • MIL-OSI: China Medical System：First Ruxolitinib Cream’s Prescriptions for Vitiligo Issued in the Greater Bay Area

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, CHINA, Oct. 18, 2024 (GLOBE NEWSWIRE) — China Medical System Holdings Limited (the “Group” or “CMS”) is pleased to announce that on 18 October, the first batch of prescriptions of ruxolitinib phosphate cream (the “ruxolitinib cream” or the “Product”) for qualified vitiligo patients were issued in the Greater Bay Area, at Zhongshan Chen Xinghai Hospital of Integrated Traditional Chinese and Western Medicine, Foshan Fosun Chancheng Hospital, and Dongguan Songshan Lake Tungwah Hospital. The Product’s new drug application (NDA) was approved by the Pharmaceutical Administration Bureau (ISAF) of Macau on 11 April 2024, and subsequently the Product was approved by the Guangdong Provincial Medical Products Administration on August 19 through the “Hong Kong and Macau Medicine and Equipment Connect” policy, which officially introduced ruxolitinib cream for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age, providing a novel treatment option for patients with relevant indication into designated medical institutions in the Mainland of Greater Bay Area.

    In addition, on 24 September, the NDA for vitiligo indication of ruxolitinib cream has been accepted by the National Medical Products Administration of China (NMPA). In accordance with the relevant regulations of the drug real-world data application pilot program in the Hainan Boao Lecheng International Medical Tourism Pilot Zone (the “Pilot Zone”), CMS has conducted a real-world study on ruxolitinib cream in China. The results have shown positive efficacy, which is consistent with the key outcomes of global pivotal clinical studies. All secondary efficacy endpoints showed a trend of benefit consistent with the primary efficacy endpoint, and the treatment effect for vitiligo continued to improve with longer treatment duration. Meanwhile, through the safety monitoring data of the Pilot Zone, no new safety events have been identified. Adverse events mostly had severity levels of grade 1 or 2. No adverse event (AE) leading to discontinuation or withdrawal, and no serious adverse event (SAE) related to the study drug occurred.

    If the Product is successfully approved for marketing in Mainland China, it will be the first prescription drug approved by NMPA for repigmentation in vitiligo, bringing this novel treatment hopes for Chinese vitiligo patients.

    Furthermore, on 12 August 2023, the Product was approved by Hainan Medical Products Administration for Urgent Clinical Import, and officially became available to applicable patients in the Pilot Zone on August 18, for the topical treatment of non-segmental vitiligo in adults and adolescents aged 12 and above with facial involvement. Benefiting from the Early and Pilot Implementation Policy granted by the state to Hainan Free Trade Port and the Pilot Zone, patients with vitiligo in China can apply for the Product in Boao Super Hospital first and receive treatment from the expert team. As of 30 June 2024, more than 3,200 patients have been treated with ruxolitinib cream in Boao Super Hospital.

    CMS has always been patient-oriented and innovation-driven based on clinical needs, continuously striving to improve drug accessibility. Benefited from the “Hong Kong and Macau Medicine and Equipment Connect” policy, ruxolitinib cream was approved for use in the Greater Bay Area and completed its first batch of prescriptions, shortening the time difference for Chinese vitiligo patients to use innovative drug and benefiting more domestic patients. Looking forward to the future, the Group will continuously strive to meet the unmet needs of Chinese patients, continuously explore novel drugs with international quality, and efficiently promote products’ clinical development and commercialization, so as to bring more quality pharmaceutical products through differentiated innovation-breakthrough, to safeguard the health and life-quality of patients.

    About ruxolitinib cream
    Ruxolitinib cream (Opzelura), a novel cream formulation of Incyte’s selective JAK1/JAK2 inhibitor ruxolitinib, is approved by the U.S. Food & Drug Administration for the topical treatment of nonsegmental vitiligo in patients 12 years of age and older. As of now, it is the first and only treatment for repigmentation approved for use in the United States[1]. Ruxolitinib cream (Opzelura) is also approved in the U.S. for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis (AD) in non-immunocompromised patients 12 years of age and older whose disease is not adequately controlled with topical prescription therapies, or when those therapies are not advisable[2]. In Europe, ruxolitinib cream (Opzelura) is approved for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age[3].

    On 2 December 2022, the Group through a subsidiary of the Company, a dermatology medical aesthetic company (“CMS Skinhealth”) entered into a Collaboration and License Agreement (the “License Agreement”) with Incyte for topical formulations of ruxolitinib for the treatment of autoimmune and inflammatory dermatology diseases. In accordance with the License Agreement, the Group through CMS Skinhealth received an exclusive license to develop, register and commercialize the Product in Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (Indonesia, Philippines, Vietnam, Thailand, Myanmar, Malaysia, Cambodia, Laos, Singapore, Timor-Leste and Brunei Darussalam) (the “Territory”) and a non-exclusive license to manufacture the Product in the Territory. The License Agreement commenced on its effective date and has a royalty term of ten years from the date of the commercial sale of the Product in the Territory (the “Royalty Term”). Upon the expiration of the Royalty Term, the License Agreement may be renewed for a period of ten years thereafter (the “Initial Extended Royalty Term”) as per certain conditions defined in the License Agreement. Upon the expiration of the Initial Extended Royalty Term, the License Agreement may be extended for a period otherwise agreed by both sides as per certain conditions defined in the License Agreement.

    Incyte has worldwide rights for the development and commercialization of the Product, marketed in the United States and Europe as Opzelura®. Opzelura and the Opzelura logo are registered trademarks of Incyte.

    About vitiligo

    Vitiligo is a chronic autoimmune disease characterized by depigmentation of the skin, which results from the loss of pigment-producing cells known as melanocytes. It is estimated that there are approximately 14 million vitiligo patients in China[4]. Non-segmental vitiligo patients account for approximately 85% of them. Topical corticosteroids (TCS) and calcineurin inhibitors (CI) are used off-label for non-segmental vitiligo, however, these therapies have clinical deficiencies with long-term adverse reactions of long-term treatment or limited efficacy[5、6].

    About CMS
    CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

    CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

    CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development of its advantageous specialty fields and expand business boundaries. While strengthening the competitiveness of the cardio-cerebrovascular/gastroenterology business, CMS independently operates its dermatology and medical aesthetics business, and ophthalmology business, aiming to gain leading positions in specialty therapeutic fields, whilst enhancing the scale and efficiency. At the same time, CMS has expanded its business territory to the Southeast Asian market, striving to become a “bridgehead” for global pharmaceutical companies to enter the Southeast Asian market, further escorting the sustainable and healthy development of the Group.

    Reference：

    1. Drug approval information can be found on the FDA official website, as follows:  https://www.fda.gov/drugs/news-events-human-drugs/fda-approves-topical-treatment-addressing-repigmentation-vitiligo-patients-aged-12-and-older
    2. Drug approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-us-fda-approval-opzeluratm-ruxolitinib-cream
    3. Drug approval information can be found on the EMA official website, as follows: https://www.ema.europa.eu/en/medicines/human/EPAR/opzelura
    4. Ezzedine K, Eleftheriadou V, Whitton M, van Geel N. Vitiligo. Lancet. 2015;386(9988):74-84. doi:10.1016/S0140-6736(14)60763-7
    5. Consensus on the diagnosis and treatment of vitiligo (2021 version)
    6. Kubelis-López DE, Zapata-Salazar NA, Said-Fernández SL, Sánchez-Domínguez CN, Salinas-Santander MA, Martínez-Rodríguez HG, Vázquez-Martínez OT, Wollina U, Lotti T, Ocampo-Candiani J. Updates and new medical treatments for vitiligo (Review). Exp Ther Med. 2021 Aug;22(2):797. doi: 10.3892/etm.2021.10229. Epub 2021 May 25. PMID: 34093753; PMCID: PMC8170669.

    CMS Disclaimer and Forward-Looking Statements
    This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

    This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

    Media Contact

    Brand: China Medical System Holdings Ltd.

    Contact: CMS Investor Relations

    Email: ir@cms.net.cn

    Website: https://web.cms.net.cn/en/home/

    Source: China Medical System Holdings Ltd.

    The MIL Network –

  • MIL-OSI: Planisware brought together European clients for its annual user conference in Paris: Exchange24 EMEA

    Source: GlobeNewswire (MIL-OSI)

    Planisware brought together European clients for its annual user conference in Paris:
    Exchange24 EMEA

    Paris, France, October 18, 2024 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market has hosted over the last two days in Paris its annual client conference: Exchange24 EMEA. Together with its North American edition held in Philadelphia in April 2024, the Parisian edition is a highly anticipated event that has been held continuously for over 20 years, providing a platform for Planisware to showcase its latest innovations while enabling fruitful exchanges within the large Planisware’s clients community and with PPM1 and SPM2 professionals from diverse industries.

    Loïc Sautour, CEO of Planisware, commented: “Exchange24 EMEA has been a powerful testament to the strength of our community. Bringing together the brightest minds in project and portfolio management, we explored our latest innovations and the future of our platform. The event was filled with inspiring insights, real-world success stories, and hands-on experiences that will continue to drive success for our clients. This gathering wasn’t just about showcasing what’s new, but also about pushing the boundaries of what’s possible together with our incredible partners and clients through fruitful exchanges within the large Planisware’s clients community.”

    Following Planisware’s successful IPO in April 2024, the conference took on a heightened significance, attracting not only PPM experts but also stakeholders interested in Planisware’s growth trajectory. Exchange24 served as a strategic opportunity to showcase how cutting-edge solutions help clients navigate their complete portfolio of projects and to better align it with their strategic goals.

    During these sessions, Planisware introduced its latest innovations, focusing on four key areas:

    • User Interface & Experience: New chart design, generalization of tiled dashboards, and more generally many improvements across the board based on customer feedback and usage analysis.
    • Artificial Intelligence: Introduction of Planisware Co-Pilot, Planisware Trusted GenAI, and fuzzy search capabilities.
    • Capabilities: Several new or enhanced features including sensitivity analysis, task automation, and task date inspector.
    • Collaboration: Improvements to the mobile app, enhance shared screen options, and more native integration.

    AI-Powered innovation in PPM has been one of the focal points of Exchange24. A much-anticipated roundtable discussion delved into how AI-driven tools, integrated into Planisware’s solutions, are improving decision-making, forecasting, and automation across project portfolios.

    Clients such as Total Energies, Teva, Schwarz Group, Saint-Gobain, Enedis, Stora Enso, or UCB were prominently featured throughout the conference. They shared their success stories in personalized customer sessions, bringing forward how Planisware’s PPM solutions have transformed their approach, optimized project delivery, better driving business outcomes. These sessions provided practical insights into overcoming challenges and seizing opportunities in today’s volatile market.

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With more than 700 employees across 14 offices, Planisware operates at significant scale serving around 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”). For more information, visit: https://planisware.com/

    Connect with Planisware on: LinkedIn and X (formerly Twitter).

    Contact

    1 Project Portfolio Management
    2 Strategic Portfolio Management

    Attachment

    The MIL Network –

  • MIL-OSI: Nokia Altiplano accelerates autonomous networks by introducing AI for broadband operations

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia Altiplano accelerates autonomous networks by introducing AI for broadband operations

    • Nokia enhances Altiplano Access Controller with AIOps to drive better network decisions.
    • AI-powered applications and smart analytics improve network operations and resource utilization.

    18 October 2024 – Nokia today announced the integration of AI-driven operations (AIOps) into its Altiplano Access Controller, an automation platform for broadband networks. The new AIOps uses artificial intelligence (AI) from applications in Nokia’s Altiplano Marketplace to analyze network data and drive automation.   By combining AI and smart analytics, AIOps allows operators to detect network anomalies faster, anticipate service-affecting issues before they occur, and improve network utilization.

    Through the use of big data analytics, digital twins, and trained AI-agents, Nokia helps operators increase efficiency and drive higher levels of automation in network and service operations. By extending the Altiplano core platform with AI applications available in Nokia’s Altiplano Application Marketplace, operators can:

    • Detect network anomalies: Identifying anomalies with high accuracy before they impact services is essential to maintaining network reliability and customer satisfaction.
    • Improve network utilization: AI and digital twins help optimize network resources to enhance capacity planning and customer experiences.
    • Provide human assistance: AI assists human operators by simplifying incident management, speeding up problem resolution and, improving inventory accuracy. 

    Nokia’s Altiplano Access Controller is the most widely deployed network automation platform on the market, used by over 160 broadband operators globally. Ranked as the #1 network automation platform for fixed network automation by Global Data, Nokia’s Altiplano Access Controller powers the largest and most advanced SDN networks in the world – including those serving over 1 million live subscribers.

    Geert Heyninck, Vice President of Broadband Networks for Nokia Fixed Networks, said: “With AI and advanced network analytics, operators can gain deeper insights and make smarter decisions to ensure smooth operations. By detecting issues faster and optimizing resources, we’re moving closer to fully autonomous networks. This shift empowers operators to enhance customer experiences while letting AI handle complex network management.”

    Resources
    Website: Fixed access network automation | Nokia
    Website: Nokia Altiplano Access Controller

    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.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: Prosafe SE: Operational update – September 2024

    Source: GlobeNewswire (MIL-OSI)

    18 October – Fleet utilisation for Q3 2024 was 57 percent.  

    In Q3 2024, Safe Concordia, Safe Notos and Safe Eurus all achieved 100% utilisation. Safe Zephyrus reached 99% utilisation.

    Safe Caledonia is laid up at Scapa Flow, UK, and is scheduled for deployment to the Captain Field, UK, starting Q2 2025.

    Safe Boreas is laid up in Norway pending relocation in Q2 2025 for a contract in Australia commencing earliest October 2025.

    Safe Scandinavia is laid up in Norway.

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

    For further information, please contact:

    Terje Askvig, CEO
    Phone: +47 952 03 886

    Reese McNeel, CFO
    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

  • MIL-OSI: Trophée Roses des Sables 2024 – Official Rally Kickoff, TSplus Cheering for Crew 21

    Source: GlobeNewswire (MIL-OSI)

    PAU, France, Oct. 18, 2024 (GLOBE NEWSWIRE) — TSplus is excited to announce that the adventure has officially begun! Teams participating in the Trophée Roses des Sables 2024 have gathered in Pau, France on October 15 and 16 for their final technical and administrative checks at the “Village Départ.” This final stage allows participants to meet, complete verifications, and make last-minute preparations before heading south on their incredible journey through the Moroccan desert.

    The Starting Point: Pau, Gateway to the Pyrenees

    Pau, a city rich in history and nestled at the foot of the Pyrenees, provides an ideal backdrop for the event’s launch. Over these two days, participants from across the globe are meeting to connect, share their experiences, and prepare for the journey ahead.

    On October 16, the teams will set off, driving through southern Europe and crossing into Morocco, where the real challenges await. TSplus will be following every stage with excitement.

    7 Stages Through the Moroccan Desert

    From October 18 to 25, the rally will take the participants across seven stages, navigating a range of diverse and challenging Moroccan terrains, from rocky trails to vast desert dunes, and everything in between.

    Key dates include:

    • October 16: Departure from Pau, France for Casablanca, Morocco
    • October 17: Transfer to the Boulaajoul region by bus
    • October 18: Technical and administrative checks at the bivouac in Errachidia, followed by vehicle handovers
    • October 18 – 25: Seven stages through the Moroccan desert, passing through iconic locations such as Errachidia, Merzouga, and Tiguerna
    • October 26: Rally concludes in Marrakech with a grand prize ceremony

    Crew 21: A Personal Challenge for a Noble Cause

    Among the many teams participating this year is Crew 21, comprised of Alexandra, the pilot, and Pauline, her co-pilot. Both women are driven by a personal mission to support their association, Colibris des Sables, which raises awareness for autoimmune diseases.

    Reflecting on their first impressions, Alexandra shared:
    “It’s incredible to be here with all these amazing women. The excitement and anticipation are at their peak as we prepare for this life-changing experience.”

    Pauline added:
    “We’ve been preparing for months, and now the moment has come. We’re ready to face the challenges of the desert, united in our cause and supported by an amazing community.”

    TSplus is proud to be one of the main sponsors of Crew 21, standing 100% behind them in this incredible journey.

    Follow the Rally Live with TSplus!

    Stay up to date with the race as it unfolds. Follow all the live updates on the official rally platform: course-en-direct.trophee-roses-des-sables.fr and don’t miss the updates from Colibris des Sables on Instagram @Colibris_des_sables. TSplus will also regularly share updates on this official social media pages:

    Press Contact Details: Floriane Mer Marketing Manager for TSplus
    floriane.mer@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dac80e24-560f-4652-af7a-7fc3e411448f

    The MIL Network –

  • MIL-OSI: Agillic patents large-scale personalised communication solution

    Source: GlobeNewswire (MIL-OSI)

    Press release, Copenhagen, 18 October 2024

    Agillic has achieved a Danish patent for its unique method for processing large-scale, real-time data processing. 

    The method reduces the complexity and efforts required to carry out such processing compared to other solutions leading to lower power consumption and lower financial operating costs.

    The Agillic platform has long been a leap forward in marketing technology, empowering brands to deliver personalised, real-time, and scalable customer experiences across channels, positioning them – and Agillic – at the forefront of omnichannel marketing.

    Says Martin Lindboe, Chief Technology Officer:
    “We are thrilled to achieve the patent, acknowledging the efforts behind our unique and highly effective solution for large-scale data communication. With this patent, we are reinforcing our commitment to innovation and supporting brands in creating seamless, data-driven customer engagement that drive results in the most efficient way possible.”

    For further information, please contact
    Emre Gürsoy, CEO, Agillic A/S
    +45 3078 4200
    emre.gursoy@agillic.com

    About Agillic A/S
    Agillic (Nasdaq First North Growth Market Copenhagen: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark, with teams in Germany, Norway, and Romania.
    Agillic A/S – Masnedøgade 22 – 2100 Copenhagen – Denmark – www.agillic.com

    The MIL Network –

  • MIL-OSI: Fanhua Announces Change of Ticker Symbol From “FANH” to “AIFU”

    Source: GlobeNewswire (MIL-OSI)

    GUANGZHOU, China, Oct. 18, 2024 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced the change of its ticker symbol from “FANH” to “AIFU”. Effective on October 23, 2024, the Company’s American Depository Shares will begin trading on Nasdaq under the new ticker symbol “AIFU”.

    The change aligns with the Company’s proposed change of Company’s English name from “Fanhua Inc.” to “AIX Inc.” and Chinese name from “泛华控股集团”to“智能未来有限公司”with effect from November 1, 2024, pending approval by the Company’s shareholders at the extraordinary general meeting scheduled on October 31, 2024.

    About Fanhua Inc.

    Driven by its digital technologies and professional expertise in the insurance industry, Fanhua Inc. is the leading independent financial service provider in China, focusing on providing insurance-oriented family asset allocation services that covers customers’ full lifecycle and a one-stop service platform for individual sales agents and independent insurance intermediaries.

    With strategic focus on long-term life insurance products, we offer a broad range of insurance products, claims adjusting services and various value-added services to meet customers’ diverse needs, through an extensive network of digitally empowered sales agents and professional claims adjustors. We also operate Baowang (www.baoxian.com), an online insurance platform that provides customers with a one-stop insurance shopping experience.

    For more information about Fanhua Inc., please visit https://ir.fanhgroup.com

    Forward-looking Statements

    This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company’s future financial and operating results, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Fanhua and the industry. Potential risks and uncertainties include, but are not limited to, those relating to its ability to attract and retain productive agents, especially entrepreneurial agents, its ability to maintain existing and develop new business relationships with insurance companies, its ability to execute its growth strategy, its ability to adapt to the evolving regulatory environment in the Chinese insurance industry, its ability to compete effectively against its competitors, quarterly variations in its operating results caused by factors beyond its control including macroeconomic conditions in China. Except as otherwise indicated, all information provided in this press release speaks as of the date hereof, and Fanhua undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Fanhua believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by Fanhua is included in Fanhua’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

    For more information, please contact:

    Fanhua Inc.

    Investor Relations
    Tel: +86 (20) 8388-3191
    Email: ir@fanhgroup.com

    The MIL Network –

  • MIL-OSI: Simpsonhaugh Architects Embraces Digital Transformation with VDI And AI, Leveraging ControlUp’s DEX Platform for Real-Time Performance Analytics and Remediation

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 18, 2024 (GLOBE NEWSWIRE) — ControlUp, at the forefront of Digital Employee Experience (DEX) management, today announced that SimpsonHaugh Architects, a UK-based, award-winning and respected practice, is utilising the ControlUp DEX platform to monitor and optimise its new VDI environment in real-time.

    SimpsonHaugh is making a £1.21 million investment over several years to digitally transform by introducing VDI and AI technology to underpin the future development and operations of the business. Industry leading solutions have been installed including Citrix Virtual Apps and Desktop, Citrix NetScaler, VMware vSphere Hypervisor, Dell Servers with vSAN storage, NVIDIA vGPU and ControlUp’s DEX platform which is providing VDI performance analytics and remediation.

    Adopting VDI was driven by a strategic decision to centralise IT on-premise at SimpsonHaugh’s headquarters in Manchester, improve remote-working, support a work-life balance for staff and boost project collaboration by not being constrained by physical workstations.

    The IT team also wanted to avoid the complexity, time and expense of managing systems over three locations given the practice also has offices in London and Birmingham. Furthermore, many workstations – high end PCs each costing up to £6,500 – were becoming end of life, unreliable, consuming a lot of power and needed to be upgraded.

    The new VDI platform supports agile working yet is optimised to run GPU-intensive architectural applications like Revit, Rhino, Enscape and SketchUp – crucial to delivering customer projects on time, in what is an ever-demanding industry.

    “Architecture is a heavy user of graphics-based IT. Building Information Modelling is now adopted pervasively, producing large volumes of data and consuming substantial compute. Clients recognise the technology improvements so the expectations about the visuals and data provided are growing,” says Dave Moyes, partner, information and digital systems, SimpsonHaugh. “Ten years ago, we might have created 500 drawings for a project. Today, it’s at least double. Projects are increasingly complex and time scales are tight. The pressure to be quick and agile while creating quality design proposals which optimise a client’s brief is therefore considerable. It is no exaggeration to say that ICT to support this is indispensable.”

    SimpsonHaugh’s ICT strategy involves keeping technology simple for staff to use. The business is project delivery and ‘time charge’ based. ICT system availability is paramount given downtime has material impact on this.

    UK managed service provider and digital workspace consultancy, ebb3, was selected to support with the roll out and have been instrumental in the design, implementation and management of the VDI environment. ebb3 also provides SimpsonHaugh technical 2nd and 3rd line support.

    “The transition to VDI is being phased. SimpsonHaugh is running a hybrid environment – both virtual desktops and physical desktops – so as to capitalise on its existing investment in expensive workstations,” explains Jav Fiaz, ebb3’s Technical Architect & Senior Platform Engineer. “A key project goal was to keep the compute and data as close as possible to minimise latency which we’ve delivered.”

    Moyes adds, “If virtual desktops aren’t resourced properly – and applications freeze or suffer from latency – staff will blame the “new system”. Guaranteeing the end-user experience is vital. Monitoring in real-time using ControlUp’s DEX platform identifies which applications are hogging resources so that remedies can be considered like adding RAM, GPU or ‘throttling down’ software which is compute intensive.”

    SimpsonHaugh is experiencing significant benefits through the combination of VDI and ControlUp’s DEX platform:

    1. Potentially £1.79 million lost earnings saved. VDI has resulted in a huge reduction in IT downtime equating to approximately 17% of SimpsonHaugh’s 2023 turnover. This is based on 15% gain in hours per week multiplied by 80 architectural staff over the course of a 38-week year using an average hourly rate of £105. Time savings result from less break-fix, fewer hardware and software issues with files and applications opening faster.
    2. Annual overall ICT investment maintained through the VDI implementation – no significant spikes in hardware cost, with VDI giving certainty that systems are guaranteed to work.
    3. Huge productivity gains for staff, with superior work-life balance realised. Architecture is a vocation. SimpsonHaugh’s employees are passionate about what they do. Citrix enables people to work easily from home – just as if they were in the office – while juggling their personal lives more advantageously.
    4. Staff cannot tell if they are working on a physical machine or via VDI – a testament to the quality and ease of use of Citrix and careful management by ebb3.
    5. VDI has improved collaboration with trusted third parties such as specialist consultants by opening up part of the environment when required.
    6. Potentially £35,000 saved not hiring an additional employee to support VDI by leveraging the ControlUp DEX platform.
    7. Problem solving time has drastically reduced using ControlUp information as real-time data about what is happening within the IT environment is provided, thereby pinpointing issues faster. VDI can now be fully optimised to cater for the peaks and troughs of project workflow, without the ‘over spec’ing‘ of IT hardware required which reduces ICT costs.

    Project next steps

    SimpsonHaugh is currently working to expand its VDI environment to cover the whole business. This will take 3-5 years to complete. The strategy is to replace workstations as they approach end of life rather than waste perfectly good IT equipment.

    In addition, SimpsonHaugh is upgrading its corporate network to a 25 Gigabit Ethernet backbone to further support the end-user experience. The practice is also purchasing higher resolution 2k and 4k screens for staff and introducing Nutanix data storage to manage the virtual server environment.

    SimpsonHaugh is also working on other ICT innovation projects such as introducing privately hosted AI using private data across the practice (where powerful networking and compute is paramount) – a key priority given the impact AI is making on the architecture profession.

    Private AI is the only option because of client project confidentiality issues – where strict NDAs are signed – with SimpsonHaugh using three types of AI engine:

    • Word AI. This is an expanding area and involves the automation of tasks such as minutes of meetings, site reports and schedules.
    • Image AI. This is a new area and will involve using AI to create detailed images of early-stage design proposals based on sketches and LLM text inputted into an AI system. This will take into account a range of parameters like site orientation, type of cladding material (brick, render, glass etc), with the AI tools generating options in a SimpsonHaugh ‘style’ to facilitate communication of ideas. The practice is reviewing using ComfyUI and Microsoft Copilot as possible solutions.
    • Generative AI. This branch of AI is well established and used to support work such as the production of parametric designs. The planning of space layouts in a building is an excellent example. Using generative AI, you can stretch a grid in any given direction to change the number and types of spaces within a given architectural form.

    “The project to introduce VDI and our DEX platform has boosted operational performance at SimpsonHaugh and put in place infrastructure to support the practice’s needs in the future,” says Robert Ellis, UK Sales Director at ControlUp. “End-users cannot tell whether they are using a physical workstation or desktop served by VDI – the implementation has been that well managed – and the speed of roll out was fast and disruption minimal because of extensive pre-implementation design and planning work carried out by ebb3.”

    About SimpsonHaugh

    SimpsonHaugh Architects is well known for projects which elegantly shape and revitalise urban areas. The practice has a diverse portfolio including commercial offices, hotels, cultural, education, purpose-built student accommodation, residential and mixed-use neighbourhood developments.

    Key award-winning schemes include: Deansgate Square, One Blackfriars, The Engineering Innovation Centre (University of Central Lancashire), Circus West Village (Battersea Power Station Phase 1) and 4 Angel Square, part of the 20-acre NOMA area in Manchester.

    Founded in 1987, the practice employs 100 staff across studios in Manchester, London and Birmingham – a new office which opened in 2023 demonstrating the ongoing success of the business. For further information, visit https://www.simpsonhaugh.com

    About ebb3

    ebb3 accelerates business transformation through its expertise in enterprise AI and VDI digital workspaces. Offering award-winning end-to-end services for private AI and VDI platforms, ebb3 delivers secure, high-performance infrastructure tailored to the unique needs of enterprise clients. ebb3 is NVIDIA Preferred Partner certified and has VMware’s Master Services Competency. For more information, visit https://www.ebb3.com

    About ControlUp

    ControlUp reimagines Digital Employee Experience (DEX) management with true real-time visibility, enabling 20X faster issue resolution on any desktop, any application, anywhere. ControlUp empowers IT to focus on elevation, not escalation, by equipping them with actionable, true AI-driven insights and proactive remediation tools to drive unbounded productivity for IT teams and employees. Nearly 2,000 customers across the globe trust ControlUp, including more than one-third of the Fortune 100. Learn more at https://www.controlup.com

    For media inquiries:
    ControlUp PR
    media@controlup.com

    The MIL Network –

  • MIL-OSI: ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit

    Source: GlobeNewswire (MIL-OSI)

    Dubai, United Arab Emirates, Oct. 18, 2024 (GLOBE NEWSWIRE) — – ChainSwap, the cross-chain swap platform, has announced during its attendance at the major Dubai conference Future Blockchain Summit, its plans to integrate Solana into its decentralized application (dApp), further expanding its multi-chain transaction capabilities. This planned integration will allow ChainSwap users to perform same-chain and cross-chain token swaps on the Solana network, known for its high-speed transactions and low fees.
    The integration, expected to launch in the coming months, will enable faster and more efficient token swaps across Solana and other popular blockchain networks such as Ethereum, Binance Smart Chain, and Polygon.
    “Integrating Solana into our platform is a strategic step to improve the user experience and expand the range of supported blockchains,” said Fitzy, CEO and Founder of ChainSwap. “Solana’s fast and affordable transactions make it a perfect fit for our platform, and we are excited to bring this option to our users in the near future.”
    Once completed, the integration will offer:

    • Same-Chain Swaps: Users will be able to swap tokens within the Solana network, leveraging its fast transaction speeds and low costs.
    • Cross-Chain Swaps: Users will benefit from secure and efficient token swaps between Solana and other major networks like Ethereum, Polygon, and Avalanche.

    Solana’s integration is a crucial step forward in ChainSwap’s mission to deliver an accessible and scalable platform for decentralized finance (DeFi) users, offering a broad range of multi-chain options to meet the growing needs of the DeFi ecosystem. -END- About ChainSwap  ChainSwap is a platform at the forefront of Web3 innovation, facilitating seamless transactions across multiple blockchains and servicing any blockchain where demand arises. Leveraging cutting-edge security protocols such as Chainlink’s CCIP, ChainSwap provides a secure layer 5 environment for cross-chain transactions. ChainSwap’s multi-chain DEX simplifies swaps, ensuring privacy and effortless token distribution within a unified ecosystem, and allows for users to eliminate the need for bridges and decentralised exchanges that do not provide cross-chain support. ChainSwap revolutionises blockchain communication, enhancing chain interoperability and security to unprecedented levels.
    Discover more on https://www.chain-swap.org
    Media Contacts:
    LJ Collier
    lj@lunapr.io

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  • MIL-OSI: Form 8.5 (EPT/RI) – Brown (N.) 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: Shore Capital Stockbrokers Ltd
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Brown (N) Group Plc
    (c)        Name of the party to the offer with which exempt principal trader is connected: Brown (N) Group Plc
    (d)        Date dealing undertaken: 17 October 2024
    (e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
    Ordinary Purchases 755,146 38.802p 38.5p
    Ordinary Sales 804,984 38.8p 38.54p

    (b)        Derivatives transactions (other than option)

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

    (c)        Options transactions in respect of existing securities

    (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)        Exercising

    Class of relevant security Product description
    e.g. call option    		 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)
           

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

    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.

    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:
    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: 18 October 2024
    Contact name: Laura Parmenter
    Telephone number: 0207 648 8154

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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: Seraph Launches Public Test Realm, Offering Exclusive Early Access and Rewards to Players

    Source: GlobeNewswire (MIL-OSI)

    Web3 Game Launches Final PTR Test, Paving the Way for Official Season 1 Release

    SEOUL, Korea, Oct. 18, 2024 (GLOBE NEWSWIRE) — Seraph, one of the most highly anticipated AAA Web3 games, is set to launch its Public Test Realm (PTR) on Oct. 17, 2024. This milestone marks a significant step in the game’s development, giving players early access to new features and gameplay mechanics ahead of the official release of Season 1.

    The PTR will allow players to explore exclusive in-game content, participate in time-limited events, and earn valuable rewards. This testing phase offers players the opportunity to provide feedback and help shape the final version of the game.

    Exciting Play-to-Earn Opportunities

    Coinciding with the PTR launch, Seraph is also unveiling the RUSH Season 1 event. During this event, players can earn Starry Feathers, which will be redeemable for $SERAPH tokens in the future. By completing tasks and earning points, players can unlock rewards, including:

    • 100 Points: 1 Starry Feather
    • 200 Points: 1 Starry Feather
    • 500 Points: 3 Starry Feathers
    • 1,000 Points: 5 Starry Feathers

    Starry Feathers can be minted as NFTs, providing players with the flexibility to trade or hold them for future token airdrops. All in-game activities, including NFT minting, will be managed through the ActPass wallet system.

    New Features and Content in the PTR

    Throughout the PTR test, players can expect a series of updates designed to enhance gameplay and introduce new content. Key features include:

    • Activation Code Invitation Rewards
    • Secret Prison Mode
    • New Guild Gameplay and Class Adjustments
    • Cosmetic System Enhancements
    • Chaos Dungeon Treasure Chest Broadcast
    • Adventure Notes and New Dark Gold Equipment

    Players will also get a first look at the new Druid character, along with updated Void Realm maps, new leveling systems, and dynamic gameplay elements designed to keep the testing experience engaging.

    Seraph’s Growing Success

    Seraph has already made waves in the GameFi space, achieving over 17,000 ETH in NFT trading volume and attracting more than 90,000 active players during its Season 0 phase. Built on the BNB Chain, Seraph continues to push the boundaries of Web3 gaming innovation.

    By joining the PTR, players can secure early access to exclusive content, unlock rewards during the RUSH event, and gain valuable assets for future game updates—without any upfront investment required.

    How to Participate

    To join the PTR, players need to obtain an activation code, which can be accessed through official Seraph channels. Registration is open at https://reserve.seraph.game/, where players can secure their spot and start exploring Seraph’s final PTR phase.

    For more information and updates, visit the official website at https://www.seraph.game/#/news.

    Contact:
    Nell Loo
    Brand Director
    seraph@actoz.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/edc7d671-799b-422d-bfd6-dd635c933186

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