Category: GlobeNewswire

  • MIL-OSI: Lendmark Financial Services Expands Virginia Presence with Williamsburg Branch, Marking its 47th Location in the State

    Source: GlobeNewswire (MIL-OSI)

    WILLIAMSBURG, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) — Lendmark Financial Services (Lendmark), a leading provider of household credit and consumer loan solutions, continues to expand its Virginia footprint, opening a new branch in Williamsburg.

    The branch is located at 6614 Mooretown Road, Suite B, and is expected to serve hundreds of customers in its first year. Sonja Winnington, who serves as the branch manager, will be responsible for administration of all daily operations. These include building personal relationships with customers and integrating into the community to ensure area residents receive a superior level of individualized loan services that meet their unique financial needs.

    “As we grow our footprint in Virginia, we will continue to focus on delivering the tailored loan solutions our customers need to meet planned and unplanned life events,” said Dan Quann, Vice President of Branch Operations at Lendmark. “Our Virginia branch openings and overall branch growth demonstrate an ongoing need for diverse household financial options for consumers here and throughout the country.”

    In addition to serving consumers directly, Lendmark provides financing solutions for thousands of retailers and independent auto dealerships, allowing these businesses’ customers to obtain Lendmark financing. Local businesses that are interested in partnering with Lendmark to provide financing solutions for their customers should visit the branch or call 757-378-6363.

    Lendmark’s ‘Climb to Cure’ is its signature cause-related initiative. The company has committed to raising $10 million by 2025 to mark its 10-year anniversary partnering with CURE Childhood Cancer. So far, Lendmark’s employees, partners and customers have raised $8.83 million to support CURE, an Atlanta-based nonprofit dedicated to funding targeted pediatric cancer research that is utilized nationwide.

    Lendmark customers can participate by donating $1 when closing their loan. Lendmark matches the donation.

    About Lendmark Financial Services
    Lendmark Financial Services (Lendmark) provides personal and household credit and loan solutions to consumers. Founded in 1996, Lendmark strives to be the lender, employer, and partner of choice by protecting household wealth, offering stability and helping consumers meet both planned and unplanned life events through affordable loan offerings. Today, Lendmark operates more than 515 branches in 22 states across the country, providing personalized services to customers and retail business partners with every transaction. Lendmark is headquartered in Lawrenceville, Ga. For more information, visit http://www.lendmarkfinancial.com.

    Media Contact
    Jeffrey Hamilton
    Senior Manager, Corporate Communications
    jhamilton@lendmarkfinancial.com
    678-625-3128

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0cb5942-d810-4b17-a625-70205d6f609c

    The MIL Network

  • MIL-OSI: MELD Launches Crypto Neobank

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Oct. 09, 2024 (GLOBE NEWSWIRE) — MELD, a new Neobank focusing on crypto friendliness launches today with their iOS mobile app. Coming to the market with a new type of banking that merges crypto and fiat services into a single platform. MELD gives you a traditional fiat deposit account and a non-custodial crypto account together in the same wallet. Account holders can exchange between crypto and fiat or between crypto tokens on different blockchains. Bringing the best of both worlds together in one account.

    MELD is approaching banking from a decentralized perspective. Through the MELD blockchain, the network is run by individuals or companies so no one single individual is in control. They currently have 26 of these independent nodes running the blockchain with plans to grow it to over 100. This is a fairly common type of blockchain, called Proof of Stake. Where MELD is innovating is on the banking side of the network.

    MELD has developed a proprietary banking system from scratch that integrated several payment and currency providers, some of which duplicate each other. This way, MELD is creating decentralization on the banking side where it can pick and choose the best provider for the right transactions. This also prevents an outage from one provider to stop the service because MELD can switch to a different provider that has a simpler service, creating redundancy in their system.

    In addition to this, MELD is building connectivity between the banking network and the blockchain with their zkBanking Network. This new technology duplicates all of the traditional banking transactions onto the MELD blockchain in a way that maintains privacy. With their zkBanking, users can send a proof of payment, fund or balance to a counterparty that can verify this on the blockchain.

    Notwithstanding the technical innovation, the new MELD Neobank brings fast, cheap and easy banking services to users in more than 160 countries around the world. Primarily targeting users that hold crypto and need an efficient way to convert crypto into fiat to buy crypto with fiat currency. MELDs goal is to let people use crypto as easily as they can use fiat like Euros.

    The banking services are mobile first, available today on iOS only, but the Android version of the Neobank is under development. You can go to the App Store and download MELDapp for Mobile in more than 160 countries.

    This new Neobank wallet supports Euros with an additional 20+ currencies coming in the next few weeks along with 4 of the major blockchains, Ethereum, MELD, Avalanche and Cardano. MELD has an ambitious plan of products and services coming out in the coming months. As a result they are offering early adopters a 70% discount for 2 months. The Premium service is only €5 per month. With this subscription, you lower your fiat/crypto on and off ramping fee from 1% to an incredibly low 0.01% per exchange.

    About MELD
    MELD is a crypto native global neobank powered by the blockchain. Bringing fiat currencies like (30+ including USD and EUR) and crypto currencies (1000+ BTC and ETH) together in one seamless wallet supporting more than 160 countries. MELD makes it easy to navigate between these two worlds and get the best out of both. From generating a yield on your crypto to debit cards and business accounts, MELD brings fundamental banking services to everyone.

    The MELD blockchain powers more than just the MELD Neobank, with a non-custodial lending and borrowing protocol and more than 30 businesses building on MELD. Users interact with all of this through the MELD web and Mobile apps helping people and businesses take full advantage of both their crypto assets and fiat assets.

    You can follow the project and stay up to date with its development at these links: Website | X (Twitter) | Telegram |

    Contact:
    press@meld.com

    Disclaimer: This content is provided by MELD. 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/5190354e-313c-44ef-ab60-82088e9d5d6b

    The MIL Network

  • MIL-OSI: FE International Advises the Acquisition of DropFunnels by OptionScout

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — FE International, the award-winning strategic advisor for technology businesses, is pleased to announce the successful acquisition of DropFunnels, an all-in-one marketing solution, by OptionScout, a FinTech platform.

    From landing page creation to SEO optimization to sales tracking, DropFunnels was designed to help founders launch products faster. It’s easy-to-use and customizable, making it flexible to specific business needs—a feature Jordan Mederich, Founder, found lacking in other solutions.

    “It’s hard as a solo entrepreneur to launch your business very quickly and rapidly iterate to get you the results that you need,” said Mederich. “I decided that there had to be a better way. I wanted to build a sales and marketing tool that would allow anyone, from any background, to very quickly launch and iterate and scale their business online with the power of WordPress.”

    A key priority for the founder was securing a buyer capable of both shaping a long-term strategic vision for DropFunnels and seamlessly transitioning ownership. The team at FE International had already identified the perfect buyer within their extensive network, ensuring a perfect match for the company’s future growth.

    “We’re very excited about the successful transaction,” said Thomas Smale, CEO of FE International, “Especially considering the deep-rooted relationships with the firm that drove both parties across the line.”

    Beau Crabill, Founder of OptionScout, runs a portfolio of fintech solutions and is a previous client of FE International. Upon learning about the opportunity from the FE International team, he quickly moved to submit an offer, recognizing its strategic value. “I was interested in DropFunnels as soon as I saw it on the market,” said Crabill. “This is a product I am passionate about. I believe it truly helps entrepreneurs.”

    His first plan as the owner of DropFunnels is to continue refining the platform. “The only priority is the product,” said Crabill. “I’ve been tracking customer tickets and the reason for them. Operationally, we’ve made zero changes to support, but our support tickets are down about 80%. Why? Because we’ve been focusing on product—making fixes and adding improvements.”

    DropFunnels customers trust the product largely because of the dependable support they receive when issues arise. However, Crabill aims to elevate this experience even further. “A year from now, I don’t want people to rely on support. I want DropFunnels to be viewed like a Toyota—reliable and always working as expected,” he said.

    The deal terms include a short transition time for Mederich, who is already building his next product—Revatto, a subscription recovery and reactivation solution for subscription brands. To learn more, see read our case study on the deal: feinternational.com/blog/profitable-from-day-one/

    About DropFunnels:

    DropFunnels is an all-in-one marketing solution to get businesses online with a website in minutes. It allows users to develop a home site, create an authority blog, and build a high-converting sales funnels all with the ease of a drag and drop editor that requires no coding or tech skills. For more information, visit dropfunnels.com.

    About FE International:

    Founded in 2010, FE International is an award-winning strategic advisor for technology businesses. FE’s team has completed over 1,500 transactions with a combined value of over $50 billion.

    With its headquarters in New York and locations in London, Miami, San Francisco, Warsaw, and Mumbai, FE International was named one of The Americas’ Fastest Growing Companies from 2020 to 2024 by the Financial Times and is also a four-time Inc. 5000 company. For more information, visit feinternational.com.

    Contact Information:

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

    Website: feinternational.com

    The MIL Network

  • MIL-OSI: Redwood Services Wins Memphis Business Journal’s Best Places to Work

    Source: GlobeNewswire (MIL-OSI)

    MEMPHIS, Tenn., Oct. 09, 2024 (GLOBE NEWSWIRE) — Redwood Services (“Redwood”), a home services firm focused on investing in leading residential HVAC, plumbing and electrical services companies in growing U.S. markets, today announced it has won the Memphis Business Journal’s Best Places to Work award in the “Small Business” category.

    “Each day, I witness our Partner Support Center (PSC) teammates come together to help support and elevate our Partner Companies across the country. This is the highest performing team I’ve ever been a part of,” said Richard Lewis, Founder and CEO of Redwood Services. “I want to take the opportunity to thank our PSC teammates for creating such a strong culture, one of both entrepreneurial spirit and accountability.”

    “Since creating Redwood in 2020, we have built one of the top home services firms in the United States. That said, Richard will be the first to tell you our company wouldn’t be where we are today without our PSC teammates giving their all to our Partners and their teams,” said John Conway, Chief Operating Officer of Redwood Services. “This award is another proof point that the vision we laid out from the start is unique and succeeding. I look forward to seeing Redwood’s growth in the years to come.”

    The Memphis Business Journal’s Best Places to Work Awards honors companies in the Mid-South that create policies and foster a work environment that employees value. Memphis Business Journal asked Redwood employees to complete an independent, quantitative, confidential, online employee engagement survey. The Memphis Business Journal analyzed survey results from companies across the Memphis metropolitan area.

    To learn more, read The Memphis Business Journal’s feature story of Redwood Services here.

    About Redwood Services                                              

    Founded in 2020, Memphis-based Redwood Services is building a family of people-focused essential home service companies, actively investing in the HVAC, plumbing and electrical trades throughout the United States. Redwood operates 15 industry leading brands as it continues to build out a national home services platform.

    For more information, visit RedwoodServices.com.

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  • MIL-OSI: Sky Quarry Announces Closing of Public Offering of $6.7 Million

    Source: GlobeNewswire (MIL-OSI)

    Shares to Begin Trading on NASDAQ on October 10, 2024, Under the Ticker Symbol “SKYQ”

    WOODS CROSS, Utah, Oct. 09, 2024 (GLOBE NEWSWIRE) — Sky Quarry Inc. (“Sky Quarry,” “SKYQ,” or the “Company”), an oil production, refining, and development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and the remediation of oil-saturated sands and soils, today announced it raised $6,708,030 through the sale of 1,118,005 shares of its Common Stock priced at $6.00 per share. Sky Quarry expects the stock to begin trading on NASDAQ under the ticker symbol “SKYQ” on October 10, 2024.

    “I would like to thank our 10,000+ individual investors who have believed in our Company and helped us get to this point in our journey. Looking ahead, we believe that our ECOSolv technology enables Sky Quarry to reduce the more than 15 million tons of waste asphalt shingles generated annually, the vast majority of which is dumped into U.S. landfills. By conserving resources, reducing landfill waste, and minimizing emissions, we are actively leading the energy transition towards more sustainable methods,” said David Sealock, Chief Executive Officer of Sky Quarry Inc.

    Digital Offering, LLC, acted as the lead managing selling agent for the offering. “As pioneers in Regulation A+ and the JOBS Act for years, having developed a methodology that allows companies to reach a diverse audience of investors and trade on a National Securities Exchange, we are thrilled to be a part of this historic moment for Sky Quarry. Companies that utilize Regulation A+ for their initial capital raises can graduate to National Securities Exchanges to access the capital markets while providing liquidity to the initial supporters and investors,” said Mark Elenowitz, Managing Director of Digital Offering.

    About Sky Quarry Inc.

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

    Forward-Looking Statements

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

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

    Company Website

    http://www.skyquarry.com

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  • MIL-OSI: gStore by GreyOrange Unveils SoftFence – Next-Generation Virtual Shielding for RFID-Driven Retail Operations

    Source: GlobeNewswire (MIL-OSI)

    GreyOrange’s gStore, a B2B SaaS real-time inventory management and store execution platform, further optimizes store performance with new smart algorithm-driven technology, SoftFence, to precisely control RFID read zones

    ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) — GreyOrange Inc., a global leader in AI-driven technology, introduces SoftFence, a groundbreaking virtual shielding technology from its renowned, state-of-the-art retail software as a service (SaaS) platform, gStore. Designed to enhance store execution through real-time inventory management and intelligent tasking, gStore is already trusted for implementing over 250 overhead RFID-enabled stores, which is a global first.

    “gStore’s SoftFence introduces virtual zoning capabilities for retailers, which is a step towards comprehending their portfolio for implementing handheld-only stores,” said Troy Siwek, gStore General Manager, GreyOrange. “SoftFence builds on gStore’s cutting-edge capabilities by incorporating selective reading, signal manipulation, and dynamic control to ensure data security and precise inventory accuracy by creating distinct store sections – including backroom vs. sales floor – without any physical barriers.”

    This smart algorithm-driven technology prevents RFID signal leakage and allows only authorized RFID readers to access tag information, preventing unauthorized scans by manipulating signal strength and timing, allowing retailers to further optimize omnichannel fulfillment and streamline operations. SoftFence also supports real-time adjustments based on store needs, offering unmatched flexibility.

    Moreover, SoftFence can integrate with existing systems, enabling seamless implementation without additional hardware investments. SoftFence uses advanced machine learning algorithms to analyze RFID signals, improving stocktake accuracy and reducing read errors. As a cost-effective solution, it optimizes sub-location data, aiding efficient restocking and enhancing store operations.

    SoftFence is the next evolution in gStore’s mission to empower retailers with comprehensive, easily deployable solutions that elevate store performance, improve customer experiences, and simplify operations.

    Learn more by visiting gstore.greyorange.com.

    About gStore by GreyOrange
    gStore by GreyOrange is a state-of-the-art, easily deployable retail SaaS application designed to enhance store execution through real-time inventory management and actionable insights. The platform empowers retailers to maintain precise inventory control, enables intelligent tasking, streamlines store operations, manages omnichannel order fulfillment and elevates customer experiences with smart technologies.

    About GreyOrange
    GreyOrange Inc. is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. Its emphasis on orchestration, innovation, and customer satisfaction marks a new era in efficient, responsive supply chain solutions. The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market, and creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, with offices and partners across the Americas, Europe, and Asia. For more information, visit http://www.greyorange.com.

    Media Contact
    Leah R H Robinson, APR
    LeadCoverage
    leah@leadcoverage.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b1b96b34-e38d-496a-8763-0db07676c4d3

    The MIL Network

  • MIL-OSI: Companjon achieves fourth consecutive ‘world’s most innovative insurtechs’ recognition from FinTech Global

    Source: GlobeNewswire (MIL-OSI)

    • The leading insurtech player launched its dynamic insurance products earlier this year, leveraging AI and machine learning to ‘right-size’ protection, an industry first.
    • The company has also recently expanded geographically to include the US and UK, and is on track to quadruple last year’s 33 million generated transactions by year’s end.

    DUBLIN, Oct. 09, 2024 (GLOBE NEWSWIRE) —  Companjon, a leading insurtech start-up specializing in end-to-end, dynamic embedded insurance solutions, was today recognized on the 2024 InsurTech100, its fourth consecutive year of inclusion on the list. The InsurTech100, published by FinTech Global, is an annual report that identifies the world’s most innovative insurtechs, as decided by a panel of experts and analysts. The award places Companjon at the forefront of industry leaders and investors.

    Companjon, headquartered in Dublin, Ireland, has experienced tremendous growth year-over-year since it was established in 2020. In the last year alone, the company launched its dynamic insurance products, signed new partnerships with major banking and mobility brands Erste Bank, Omio, and Carwiz, expanded the geographic footprint of their solutions to protect customers in the US and UK, and is on track to quadruple last year’s 33 million generated transactions. The dynamic insurance products, which utilize machine learning and artificial intelligence on consumer behavior to offer the right level of coverage at the right time for the right price, are an insurance industry first.

    Companjon CEO, Matthias Naumann, said: “We are delighted to once again be recognized as one of the world’s most innovative insurtechs with our fourth consecutive inclusion on the InsurTech100 list. The 2024 recognition is particularly rewarding as we round out a banner year for our business with the introduction of boundary-breaking dynamic solutions, expansion into new geographies, and collaboration with more big, leading brands. Companjon’s success can be attributed, with thanks, to our business partners, who also endeavor to go where none have gone before, and our incredibly diverse and talented team.”

    FinTech Global CEO, Richard Sachar, said: “We congratulate Companjon on its fourth consecutive appearance in our InsurTech100 list. We have had the pleasure of watching Companjon achieve proof of concept in its earliest days and emerge as one of today’s leaders in the insurtech space. We applaud Companjon’s contribution to transforming the insurance industry, particularly with its dynamic insurance products launched earlier this year. We look forward to seeing what the next year has in store for them.”

    Companjon seeks to change the way people think about insurance. The company has implemented a variety of fully digital and frictionless insurtech products with leading, globally recognized brands in the travel, mobility, live events and entertainment, and fintech sectors. Its unparalleled end-to-end solutions, which include the unique ability to serve as its own underwriter and risk carrier, delight their business partners’ customers with protection that provides the ultimate in flexibility and convenience across 32 countries in Europe and North America.

    About Companjon 

    Companjon is a leading B2B2C insurtech start-up specializing in fully digital, AI-driven embedded insurance. Its modern, end-to-end insurance solutions enable companies to delight their customers and drive more business value from stronger brand loyalty and new ancillary revenue opportunities. Companjon designs, builds, and underwrites its dynamic solutions on a 100% cloud-based platform capable of issuing 32,000 policies per second, integrating API gateways easily, and leveraging the latest advanced technology. It has been recognized as one of the World’s Top Insurtech Companies 2024 by CNBC and one of the world’s most innovative insurtechs by FinTech Global for four consecutive years (2021-2024).

    Companjon seeks to change the way people think about insurance by creating seamless and positive experiences when things don’t go as planned: being right there when ‘life’ happens. The company is registered in Ireland and regulated by the Central Bank of Ireland.

    http://www.companjon.com

    Media Contact:
    Kimberly Littlefield
    +353 (0)86 107 0416
    press@companjon.com

    The MIL Network

  • MIL-OSI: Native USDC on Sui – available through NAVI Protocol

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, Panama, Oct. 09, 2024 (GLOBE NEWSWIRE) — At the recent Token2049 event, the Sui Foundation made a significant announcement regarding the imminent support for native USDC on the Sui network.

    Currently, NAVI stands as the top DeFi protocol on Sui, with $120M in USDC liquidity. This constitutes the 3rd largest USDC supply in the industry, next to Aave and Compound. As the inaugural liquidity protocol on Sui, NAVI will integrate Circle’s native USDC asset on DAY 1.

    As more blockchain networks adopt USDC, with Sui being the latest addition, the role of permissionless composability—one of the fundamental principles of Web3—becomes increasingly important. This principle has fueled the rapid expansion of new applications and blockchain networks by leveraging existing open technologies.

    The integration of Circle’s USDC stablecoin directly into the Sui network enhances capital efficiency and improves the user experience across several dimensions.

    This milestone strengthens Sui’s standing in the blockchain industry, and NAVI will fully support native USDC by offering a suite of migration features and a capital-efficient native USDC Liquidity Pool.

    Native vs Bridged USDC on Sui

    Native USDC offers distinct advantages compared to bridged USDC (wUSDC). Native issuance guarantees that the asset is fully reserved and can always be redeemed 1:1 for US dollars. This adds a layer of trust for developers and users alike, who can rely on the integrity of the underlying asset.

    The introduction of native USDC to the Sui network simplifies transaction processes and enhances liquidity within the ecosystem. Users will now have the ability to access USDC directly on Sui, which streamlines workflows and increases overall value for participants.

    Moreover, with the adoption of Cross-Chain Transfer Protocol (CCTP), users can eliminate delays typically associated with bridge withdrawals, thereby establishing a new standard for blockchain efficiency.

    Native USDC available on NAVI

    In its pursuit to provide the highest level of asset composability on the Sui network, the NAVI Protocol will fully integrate native USDC as a lending and borrowing liquidity pool. As part of a broader ecosystem initiative, NAVI aims to incentivize users to transition away from bridged USDC and adopt native USDC entirely.

    To facilitate this shift, NAVI will introduce several in-application features designed to streamline the transition, including native USDC liquidity support, flash loan capabilities, and other functionalities. A comprehensive migration plan will be shared in the coming days, outlining the steps necessary for a seamless transition.

    This complete migration is poised to significantly enhance the user experience and promote wider adoption of the Sui ecosystem.

    Conclusion

    The introduction of native USDC on Sui represents a substantial upgrade over the bridged version, offering enhanced functionality and a superior user experience.

    NAVI Protocol is committed to delivering the best possible experience for lending and borrowing, which includes the integration of native USDC, fully backed by US dollars and redeemable on a 1:1 basis. The upcoming migration plan is expected to accelerate the adoption of native USDC, thereby contributing to the growth and improvement of the Sui DeFi ecosystem.

    Contact:
    Ivan Djordjevic
    team@naviprotocol.io

    Disclaimer: This content is provided by NAVI PROTOCOL . 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.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f126000c-76f8-4fbd-a4ac-f9de36f15d97
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d9a86eb7-2ead-49b4-ad52-5f892afac5d7

    The MIL Network

  • MIL-OSI: Commercial insurance market projects stability as rates moderate across most lines of business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — According to the latest Insurance Marketplace Realities report from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, commercial insurance rates have demonstrated balance and stability throughout the year across North America. Jon Drummond, Head of Broking, North America, WTW, commented, “The industry has not categorically rewritten its position on any one line of business, but rather has taken micro-actions reacting to emerging trends.”

    WTW reports that new capital in both the reinsurance and retail marketplace has led to increased competition for premium market share, excluding umbrella and excess liability. This trend has played out across the industry, which is particularly meaningful in 1st party business where capacity was a challenge at the outset of 2024.

    Capacity remains a driving force in delivering soft market conditions for financial lines. While WTW advises that it may be premature to call it a trend, there appears to be mounting focus on rate adequacy in mid-excess Directors & Officers Liability. In addition, the Cyber market projects flat to mid-single digit rate decreases across most renewals in the near term.

    In casualty, Umbrella & Excess liability has seen the most amount of disruption. Loss costs continue to rise due to factors including legal system abuse, litigation financing, and the growth of concerns such as forever chemicals, to which the insurance market has responded by reducing lines of capacity available to insureds and pushing renewal rates past high single-digit.

    WTW’s Marketplace Realities report concludes that while the industry is facing evolutionary change across many lines of business – e.g. climate change, nuclear verdicts, new capital entrants, etc. – the market should deliver relatively stable renewal conditions across most lines of business as the year comes to a close.

    Drummond added, “It goes without saying that the current state of affairs might only be one major hurricane away from being upended, and with Milton knocking on the door, the probability of disruption is growing.”

    Key Price Predictions for 2024

    Property
    CAT-exposed -5% to +10%
    Non-CAT exposed -5% to +5%
    Domestic casualty
    General liability +2% to +8%
    Umbrella (high hazard) +8% to +15%
    Excess (high hazard) +10% +
    Excess (low hazard) +2% to +7%
    Workers’ compensation -5% to +2%
    Auto +4% to +10%
    International Flat
    Executive risks
    Directors’ and officers’ public company (primary) -10% to Flat
    Directors’ and officers’ private / not-for-profit (overall) -10% to Flat
    Side A / DIC -10% to Flat
    Errors and omissions (large law firms) +2% to +8%
    Employment practices liability (primary) -5% to +5%
    Fiduciary (financial institutions) -5% to +5%
    Cyber
    Cyber -5% to Flat
    Political risk
    Most risks Flat to +20%
    Terrorism and political violence
    Terrorism and sabotage Flat to +10%        Non-volatile territories
    +10% to +25%     Volatile territories
    Political violence Flat to +15%        Non-volatile territories
    +15% to +30%     Volatile territories
       

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

    Media Contacts

    Douglas Menelly, Public Relations Lead, North America
    Douglas.Menelly@wtwco.com | +1 (516) 972 0380

    Arnelle Sullivan, Public Relations Associate, North America
    Arnelle.Sullivan@wtwco.com | +1 (718) 208-0474

    The MIL Network

  • MIL-OSI: Virginia529 Rebrands as Invest529 and Commonwealth Savers to Reflect Expanded Mission

    Source: GlobeNewswire (MIL-OSI)

    Richmond, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) — Virginia529, one of the nation’s largest and most highly rated education savings programs, is rebranding its flagship education savings plan as Invest529 and rebranding the organization as Commonwealth Savers. This rebrand reflects an expanded mission that has grown beyond tax-advantaged savings options for education, to include disability and retirement, positioning the organization as a national leader in comprehensive financial wellness.

    In addition to Invest529, Commonwealth Savers (formerly Virginia529) oversees ABLEnow one of the country’s largest savings programs for individuals with disabilities, and RetirePath Virginia, a retirement savings program. Both ABLEnow and Invest529 are available to individuals nationwide. Commonwealth Savers also manages SOAR Virginia, a statewide initiative that aims to make post-high school education more affordable and accessible to all.

    While Invest529 long has been the name of the organization’s education savings program, in Virginia, the name Virginia529 has long been synonymous with education savings, largely due to the popularity of the organization’s legacy college savings program, Prepaid529. This rebrand helps clarify that while Commonwealth Savers continues to provide the same trusted education savings options, its mission has expanded to include additional savings opportunities beyond education.

    “As we change our name and expand our offerings, some things will never change. We remain dedicated to empowering savers to be capable, confident, and in control of their future,” said Mary Morris, CEO of Commonwealth Savers. “Our commitment to providing great service to every customer remains at the core of what we do. Our new name reflects our expanded mission and means we now offer even more accessible, affordable, and tax-advantaged ways to save for life’s important milestones—from education to disability and retirement savings.”

    The new Invest529 and Commonwealth Savers brands will soon appear across the organization’s website and materials, representing a seamless transition into the future of financial wellness. The organization remains focused on helping families nationwide secure a strong financial foundation, regardless of where they are on their savings journey.

    About Commonwealth Savers

    Commonwealth Savers, formerly Virginia529, is a financial organization that helps individuals and families achieve financial wellness through a variety of tax-advantaged savings programs. With over $100+ billion in assets under management and 3+ million accounts, Commonwealth Savers is the nationwide leader in 529 education savings programs. The organization manages Invest529, a flexible, affordable education savings program, and CollegeAmerica®, the largest advisor-sold 529 plan in the nation. Through SOAR Virginia®, the organization administers a variety of scholarship and access, affordability, and attainment initiatives to foster inclusion in educational access and make postsecondary education more affordable and accessible to all. Commonwealth Savers also administers ABLEnow, a national savings program for individuals with disabilities, and ABLEAmerica, an advisor-sold disability savings option. Its newest program offering, RetirePath Virginia, helps workers across the Commonwealth save for retirement. For more information on Commonwealth Savers’ savings options, visit Commonwealthsavers.com or call 1-855-4SAVEVA. All investments are subject to risk, and prospective participants are encouraged to consult with financial professionals. For non-Virginia residents, consider whether your home state offers benefits specific to its own savings programs. ©2024 Commonwealth Savers Plan. All Rights Reserved.

    The MIL Network

  • MIL-OSI: Athli App Launches “Body Temple” by Linn Lowes: A New Fitness Program Designed to Push Your Limits

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) — In celebration of her birthday, celebrity trainer Linn Lowes is launching her latest fitness program, Body Temple – Not Your Typical Gym-program, exclusively on the Athli App. This new six-week challenge offers a dynamic, gym-based regimen that’s crafted to take users out of their comfort zones and deliver serious results.

    Available starting October 6, Body Temple offers a balanced mix of classic weightlifting routines and high-intensity interval training (HIIT) sessions to help users build strength, increase endurance, and sculpt their bodies. The program runs four days a week, ensuring participants stay engaged while accommodating the physical recovery time that fuels true progress.

    “This plan is all about breaking through barriers,” says Linn Lowes, founder of Athli and lead trainer. “It’s not about staying comfortable; it’s about pushing yourself beyond what you thought possible. Whether you’re looking to build lean muscle, target glutes, or boost overall fitness, Body Temple will keep your body guessing and growing.”

    The first week offers a sneak peek into what participants can expect:

    • Day 1: Shake It Off – Up Tempo Lifting
    • Day 2: Golden Glutes – Lower Body with Glute Focus
    • Day 3: Rest
    • Day 4: Build Your Beast – Upper Body
    • Day 5: Endurance Energy – Up Tempo Lifting
    • Day 6 & 7: Rest

    This program marks another significant step in Athli’s mission to provide empowering fitness programs for women. Athli, owned by Appex Group Inc., continues to grow its offerings, expanding the app’s diverse training options that help users stay motivated and achieve their health goals.

    “We’re excited to introduce Body Temple to our Athli community,” said Karetha Strand, CEO of Appex. “This program reflects our commitment to delivering high-impact fitness experiences. Linn’s unique approach aligns perfectly with our mission of helping users push past their limits to achieve personal strength and growth.”

    With Body Temple, Athli aims to provide users with the tools to feel empowered and accomplished, no matter where they are in their fitness journey. The launch of this program underscores Athli’s continued commitment to elevating the fitness experience for women.

    About Athli:

    Athli is a women’s fitness app owned by Appex Group Inc. and founded by celebrity trainer Linn Lowes. The app offers a comprehensive suite of features, including gym and home workout plans, pregnancy programs, step tracking, nutrition guidance, and more. Athli is designed to be a complete fitness solution for women, helping users achieve their health and fitness goals with ease.

    For more information about Athli and the new Body Temple program, visit https://www.athli.store/.

    To download the Athli App on iOS, visit https://apps.apple.com/us/app/athli-female-fitness-coach/id1546738786.

    Media Contact:

    Kerri Walsh
    press@joinappex.com   
    +1 (617) 209-9498

    The MIL Network

  • MIL-OSI: Publication of a Prospectus and Relevant Related Party Transaction

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

    THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS.

    HARGREAVE HALE AIM VCT PLC

    LEI: 213800LRYA19A69SIT31 

    9 October 2024

    Publication of a Prospectus and Relevant Related Party Transaction

    Offer for Subscription

    Further to the announcement on 18 September 2024, the Board of Hargreave Hale AIM VCT plc (the “Company“) is pleased to announce that the Company has today published a prospectus (the “Prospectus“) in relation to an offer for subscription under which the Company is seeking to raise up to £20 million (the “Offer“).

    The Offer is now open and will close at 12.00 p.m. on 12 August 2025 (unless fully subscribed by an earlier date or closed at the Directors’ discretion). Persons intending to apply for ordinary shares under the Offer for the 2024/25 tax year should note that the deadline for such applications is 5.00 p.m. on 21 March 2025.

    Persons wishing to participate in the Offer must complete an Electronic Application Form (available at http://www.hargreaveaimvcts.co.uk) accompanied by electronic payment and follow the instructions given. The Board is of the view that the Electronic Application Form is the most efficient and cost-effective way for investors to participate in the Offer.

    Early Bird Discount

    Canaccord Genuity Asset Management Limited (“CGAM“) will offer an “early bird discount” of up to 2 per cent. on the initial fee for those applications received by CGAM by 5.00 p.m. on Friday, 29 November 2024, subject to a maximum aggregate subscription under the “early bird offer” of £10 million. The 2 per cent. discount (to the standard 3.5 per cent. initial fee) will only apply to applications which do not trigger the payment of introductory commission to a Financial Intermediary. In such cases, the available discount will fall to 1 per cent. Discounts are paid through the allotment of additional Offer Shares to the Investor. CGAM reserves the right to vary the terms of the “early bird offer”, including to revoke such offer, at any time and in its sole discretion.

    Relevant Related Party Transaction

    As part of the Offer, the Company has entered into an offer agreement with CGAM, dated 9 October 2024 (the “Offer Agreement“). Under the Offer Agreement, CGAM has agreed to administer the Offer, act as receiving agent to the Company in relation to the Offer and to use its reasonable endeavours to procure subscribers for shares in the Company. As consideration for the services to be provided under the Offer Agreement, the Company shall pay CGAM a fee of 3.5 per cent. of the gross proceeds of the Offer. Out of this fee, CGAM shall pay all costs and expenses of and incidental to the Offer and the preparation of the Prospectus.

    The investment manager of the Company is CGAM. Under the Listing Rules of the FCA, a related party of a closed-ended investment fund includes the investment manager of the fund. As such, the arrangement under the Offer Agreement constitutes a relevant related party transaction as defined in UKLR 11.5.4R. The Board considers the arrangement under the Offer Agreement to be fair and reasonable as far as the shareholders of the Company are concerned having been so advised by the Company’s sponsor, Howard Kennedy Corporate Services LLP.

    The Prospectus is available to download from the Company’s website, http://www.hargreaveaimvcts.co.uk, subject to certain access restrictions. The Prospectus will also shortly be available for inspection at the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    All capitalised terms used and not defined in this announcement shall have the same meaning as in the Prospectus.

    For further information please contact:

    Oliver Bedford, Canaccord Genuity Asset Management Limited

    Tel: 020 7523 4837

    Important Information

    This announcement is an advertisement for the purposes of the Prospectus Regulation Rules of the UK Financial Conduct Authority (“FCA“) and is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to subscribe for or to acquire, any ordinary shares in the Company in any jurisdiction, including in or into Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA (other than any member state of the EEA where the Company’s securities may be lawfully marketed). Investors should not subscribe for or purchase any ordinary shares referred to in this announcement except on the basis of information in the Prospectus in its final form, published today by the Company in connection with the Offer and the proposed admission of new ordinary shares to the Official List of the FCA and to trading on London Stock Exchange plc’s main market for listed securities. A copy of the Prospectus is available for inspection, subject to certain access restrictions, from the Company’s registered office, for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s website (http://www.hargreaveaimvcts.co.uk). Approval of the Prospectus by the FCA should not be understood as an endorsement of the securities that are the subject of the Prospectus. Potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with a decision to invest in the Company’s securities.

    The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement does not constitute, and may not be construed as, an offer to sell, or the solicitation of an offer to acquire or subscribe for, securities of the Company in any jurisdiction where such offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on the Company or Howard Kennedy Corporate Services LLP. The offer and sale of securities of the Company has not been and will not be registered under the applicable securities laws of Australia, Canada, Japan, the Republic of South Africa or the United States. Subject to certain exemptions, the securities of the Company may not be offered to or sold within Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA or to any national, resident or citizen of Australia, Canada, Japan, the Republic of South Africa, the United States, or any member state of the EEA.

    This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities of the Company have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to any national, resident or citizen of the United States. No public offering of securities is being made in the United States. In addition, the Company has not been and will not be registered under the US Investment Company Act of 1940, as amended.

    The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The material contained in this announcement is given as at the date of its publication (unless otherwise marked) and is subject to updating, revision and amendment. In particular, any proposals referred to herein are subject to revision and amendment.

    This announcement does not constitute a recommendation concerning the Company or the Offer. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance and prospective investors may not receive any return from the Company. Before purchasing any securities of the Company, persons viewing this announcement should ensure that they fully understand and accept the risks set out in the Prospectus. Information in this announcement or any of the documents relating to the Company or the Offer cannot be relied upon as a guide to future performance. Potential investors should consult a professional adviser as to the suitability of the Offer for them.

    Howard Kennedy Corporate Services LLP, which is authorised and regulated by the FCA, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Howard Kennedy Corporate Services LLP or advice to any other person in relation to the matters contained herein.

    Neither Howard Kennedy Corporate Services LLP, the Company, or any of their respective parents or subsidiary undertakings, or the subsidiary undertakings of any such parent undertakings, or any of such person’s respective directors, partners, officers, employees, agents, affiliates or advisers or any other person (“their respective affiliates”) accepts (save where required by law) any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

    The MIL Network

  • MIL-OSI: Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q4 2024

    Source: GlobeNewswire (MIL-OSI)

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

    TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”), is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD $0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 2.7%.

    Record Date Payment Date Distribution per Unit
    October 31, 2024 November 6, 2024 CAD $0.038
    November 29, 2024 December 5, 2024 CAD $0.038
    December 31, 2024 January 7, 2025 CAD $0.038
         

    ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”) offered by the Fund, which provides investors with the ability to automatically reinvest distributions and realize the benefits of compounded growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.

    The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.

    For further information, please visit our website at http://www.caldwellinvestment.com or contact us at 416-593-1798 or 1-800-256-2441.

    The Fund was first offered to the public as a closed-end investment on May 28, 2015 and was converted into an open-end mutual fund effective as of November 15, 2018, with all outstanding units designated as Series F units. The ETF Series of the Fund was launched on March 18, 2020.  Performance of the Fund prior to the conversion date would have differed had the Fund been subject to the same investment restrictions and practices of the current open-end mutual fund.

    Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Caldwell Investment Management Ltd. makes no representations or warranties on the accuracy and completeness of the information included herein. Certain statements herein contain forward looking information based on certain historical information of the Fund and represent current expectations as of the date of this press release. Actual future results may differ materially due to but not limited to prevailing market conditions, there being no assurance of realizing capital gains and no assurance that issuers held in the portfolio will pay dividends or distributions on their securities. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. The payment of distributions should not be confused with a fund’s performance, rate of return or yield. If distributions paid are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid. Your adjusted cost base (“ACB”) will be reduced by the amount of any returns of capital and should your ACB fall below zero, you will have to pay capital gains tax on the amount below zero.

    The MIL Network

  • MIL-OSI: Music Licensing, Inc. (OTC: SONG) Continues Uninterrupted Operations Amid Hurricane Milton Impact

    Source: GlobeNewswire (MIL-OSI)

    Naples, FL , Oct. 09, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a leading diversified music rights management company, announces the temporary closure of its Naples, Florida office due to the impact of Hurricane Milton. While the office remains closed to ensure the safety of staff and comply with local evacuation orders, the company confirms that operations remain fully functional, with no disruption to services.

    In preparation for potential emergencies, Music Licensing, Inc. has long maintained robust contingency plans, including remote work capabilities and redundant systems, which have allowed us to transition seamlessly during this time. Our team continues to manage operations remotely, ensuring that all clients, partners, and stakeholders continue to receive the highest level of service without interruption.

    “Our thoughts are with everyone affected by Hurricane Milton,” said Jake P. Noch, CEO of Music Licensing, Inc. “We have implemented our business continuity protocols to maintain the operational integrity of our services and ensure that our clients experience no lapse in the quality of support they rely on. The safety of our team and community remains a priority, and we are committed to staying fully operational during this challenging time.”

    Music Licensing, Inc. appreciates the understanding and support of its partners and clients during this temporary disruption. The company will continue to monitor the situation and provide updates as needed.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and countless others, as well as artificial intelligence (A.I.) created music.

    Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine “Mouthwash” Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc

    The MIL Network

  • MIL-OSI: Live Oak Bancshares, Inc. Announces Date of Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2024 financial results after U.S. financial markets close on Wednesday, October 23, 2024.

    In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, October 24, 2024, at 9:00 a.m. ET.

    The call will be accessible by telephone and webcast using Conference ID: 04478. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

    The conference call details are as follows:

    Live Telephone Dial-In
    U.S.: 800.549.8228
    International: +1 646.564.2877
    Pass Code: None Required

    Live Webcast Log-In
    Webcast Link: investor.liveoakbank.com
    Registration: Name and Email Required
    Multi-Factor Code: Provided After Registration

    About Live Oak Bancshares
    Live Oak Bancshares, Inc. (NYSE: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses that share a groundbreaking focus on service and technology to redefine banking. To learn more, visit http://www.liveoakbank.com

    Contacts:
    Walter J. Phifer | CFO
    910.202.6929

    Claire Parker | Investor Relations
    910.597.1592

    The MIL Network

  • MIL-OSI: Summary of Bigbank AS Webinar Introducing the Public Subordinated Bond Offering

    Source: GlobeNewswire (MIL-OSI)

    On 9 October 2024, Bigbank AS held a webinar introducing the public offering of Bigbank AS subordinated bonds in Estonia, Latvia, and Lithuania.

    In the webinar, Bigbank AS management board members Martin Länts and Argo Kiltsmann presented an overview of Bigbank AS group, including the group’s business results, plans, and the terms and conditions of the public offering of subordinated bonds.

    Bigbank AS would like to thank all participants. Webinar recording is available at https://youtu.be/d8GGIAA2xU0.

    Additional information about the public subordinated bond offering can also be found at https://investor.bigbank.eu.

    Bigbank AS (www.bigbank.eu) is an Estonian capital-based bank specialising in loans and deposits for private and business customers. In addition to operations in Estonia, the bank has branches in Finland, Sweden, Latvia, Lithuania, and Bulgaria and offers its products on a cross-border basis in Austria, Germany, and the Netherlands. Bigbank’s total assets exceed 2.5 billion euros.

    Argo Kiltsmann
    Member of the Management Board
    Telephone: +372 5393 0833
    Email: argo.kiltsmann@bigbank.ee
    http://www.bigbank.ee

    The MIL Network

  • MIL-OSI: Awilco Drilling PLC: Notice of Extraordinary General Meeting

    Source: GlobeNewswire (MIL-OSI)

    An extraordinary General Meeting of Awilco Drilling PLC will be held on Friday 25 October 2024 at 11:00 (UK time), at the Company’s registered office of Suite 1, 7th Floor, 50 Broadway, London, SW1H 0BL, UK. The notice including agenda for the General Meeting is attached to this disclosure. The notice will be sent by mail or e-mail to the shareholders.

    The purpose of the extraordinary General Meeting will be to pass one special resolution to seek authority to cancel the Company’s share premium account. The purpose of the Reduction is to reduce the value of the Company’s share premium account to nil. The amount arising from the Reduction will be credited to reserves and will give the Company greater flexibility to make dividend payments to shareholders in the future

    The notice has been made available on our website http://www.awilcodrilling.com.

    Aberdeen, 9 October 2024

    For further information please contact:

    Eric Jacobs, CEO of Awilco Drilling PLC
    Phone: +47 9529 2271

    Cathrine Haavind, Investor Relations of Awilco Drilling PLC
    Phone: +47 9342 8464
    Email: ch@awilcodrilling.com

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

    Attachment

    The MIL Network

  • MIL-OSI: Subsea7 awarded contract in the US Gulf of Mexico

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 9 October 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced today the award of a sizeable 1 contract for a subsea tieback development in the US Gulf of Mexico.

    Subsea7 will be responsible for transporting and installing the flowline, umbilical, and associated subsea components for the tieback. Project management and engineering work will begin immediately at Subsea7’s office in Houston, Texas, and offshore activity is expected to start in 2025.

    Craig Broussard, Vice President for Subsea7 Gulf of Mexico, said: “Our strategy of early engagement and close collaboration with clients allows us to approach projects with an open mind and a deep understanding of client needs. This helps us explore innovative, cost-effective ways to deliver optimized energy solutions.”

    1. Subsea7 defines a sizeable contract as being between $50 million and $150 million

    *******************************************************************************
    Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investment community enquiries:
    Katherine Tonks
    Investor Relations Director
    Tel +44 20 8210 5568
    ir@subsea7.com

    Contact for media enquiries:
    Ashley Shearer
    Communications Manager
    Tel +1-713-300-6792
    ashley.shearer@subsea7.com

    Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 9 October 2024 at 18:20 CET.

    Attachment

    The MIL Network

  • MIL-OSI: Planisware – Availability of the 2024 half-year financial report

    Source: GlobeNewswire (MIL-OSI)

    Availability of the 2024 half-year financial report

    Paris, France, October 9, 2024 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, announces that it has made available to the public and filed with the Autorité des marchés financiers its half-year financial report as of June 30, 2024.

    This report is available for consultation and downloading on http://www.planisware.com in the Investor, Regulated Information section.

    The 2024 half-year financial report includes:

    • The 2024 half-year activity report;
    • The condensed consolidated interim financial statements 2024;
    • The Statutory auditors’ review report on the half-year financial information for 2024;
    • The declaration by the person responsible for the half-year financial information for 2024.

    Upcoming events

    • October 23, 2024:        Q3 revenue publication

    Contact

    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).

    Attachment

    The MIL Network

  • MIL-OSI: Apache Corporation Tree Grant Program Announces 2024 Recipients

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) —  Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the donation of more than 134,000 trees to 52 nonprofit partner organizations through the annual Apache Corporation Tree Grant Program. Since 2005, over 5 million trees have been granted to more than 1,000 nonprofit partners and government agencies.

    “Apache’s spirit of ingenuity has been an important driver of our tree grant program since its founding 19 years ago, emphasizing our unwavering commitment to environmental stewardship,” said John J. Christmann IV, the company’s chief executive officer. “Trees are essential to the conservation, beautification and longevity of a thriving society, providing cleaner air, water filtration and green spaces for the benefit of communities. We are honored to partner with these organizations as we continue to responsibly meet the world’s oil and gas needs.”

    A committee comprising members of the company’s community partnerships, compliance and environmental, health and safety, and government affairs departments provides guidance for the program’s direction and selection process. Organizations are chosen based on geographic location, potential for environmental impact, and opportunities for community engagement.

    U.S. tree grant recipients for the 2024-25 planting season represent an array of urban areas, rural communities and wildlife preservations that cover diverse and critical ecosystems throughout Texas, New Mexico and Louisiana. Harris County Precinct 4, Texas Parks & Wildlife Department (TPWD) and Big Bend Conservation Alliance (BBCA) are three key partners of the program, benefiting numerous habitats and bettering the quality of life for nearby communities.

    Harris County Precinct 4, represented by commissioner Lesley Briones, is part of the largest county in Texas, maintaining 55 parks and more than 14,000 acres of green space for its 1.2 million residents.

    “I am grateful for Apache Corporation’s partnership helping Harris County protect our most vulnerable communities,” Briones said. “Within Harris County Precinct 4, areas such as Alief and Gulfton experience temperatures that are 10 to 17 degrees hotter than other neighborhoods. The Apache Corporation tree grant will be key in expanding the tree canopy, providing more shade, lowering temperatures and addressing the urban heat island effect. Together, we will be advancing wellness and resiliency.”

    Additionally, Harris County Precinct 3 covers 15,000 acres of greenspace that includes 72 parks and nature centers across 6,800 lane miles across the Greater Houston area from Cypress to Baytown. Planting trees supports the goals of Precinct 3’s parks and trails masterplan to increase shade and heat relief, and restore natural habitats for birds and wildlife, help control erosion, and provide welcoming outdoor spaces for everyone to enjoy.

    “One of the hallmarks of Precinct 3 has always been parks, trails, and roadways lined with beautiful trees,” said Precinct 3 Commissioner Tom Ramsey. “Thank you to Apache Corporation for their ongoing support over the years to place more trees throughout not only our precinct, but throughout our region, as they recognize the unlimited benefits this feature brings to communities.”

    Since 1951, TPWD has provided outdoor recreational opportunities by managing and protecting wildlife, parklands and historic areas that are essential to the natural and cultural resources of Texas.

    “We are happy to be receiving trees at several of our sites located throughout the state and in different divisions of TPWD, which include state parks, wildlife management areas, fish hatcheries, Austin headquarters, and the game warden training center,” said TPWD sustainability manager Cate McClendon. “The process of coordinating tree delivery has gone smoothly this year with all sites already scheduled for October.”

    In Alpine, Texas, BBCA is a nonprofit organization that serves local wildlife by nurturing relationships within shared environments to create inclusive, equitable and just approaches to conservation with communities in the region.

    “Apache’s Tree Grant Program has given our organization the chance to connect with Big Bend’s remote and isolated communities, helping bring tree canopy to towns that regularly experience the effects of extreme heat in the Chihuahuan Desert,” said BBCA executive director Shelley Bernstein. “We’ve been able to plant hundreds of native, drought-tolerant species for residents through outreach partnerships at food pantries, libraries, social service agencies, schools and subsidized housing. The program has helped us realize our mission of inclusive, equitable, and just approaches to conservation in Far West Texas.”

    These organizations represent nonprofits and government agencies of varying scales, geographic regions and demographics that the tree grant program supports, with a full list of this year’s recipients listed below.

    2024 Grant Recipients:

    LOUISIANA

    • BREC – Recreation and Park Commission for the Parish of East Baton Rouge
    • Coalition to Restore Coastal Louisiana (CRCL)
    • Iberia Soil & Water Conservation District
    • Keep Hammond Beautiful
    • Moncus Park
    • NOLA Tree Project
    • Pearl River-Honey Island Swamp Museum & Research Center
    • Pontchartrain Conservancy
    • Proud Louisiana c/o Parish Proud
    • St. Mary Soil & Water Conservation District
    • Terrebonne Parish Consolidated Government
    • Woodlands Conservancy

    NEW MEXICO

    • City of Las Cruces
    • Hermit’s Peak Watershed Alliance
    • La Cosecha Community Supported Agriculture
    • Tree New Mexico

    TEXAS

    • Big Bend Conservation Alliance
    • Big Lake Economic Development Corp
    • Brazoria County Master Gardener Association
    • Bryan Noon Lions Club
    • Buffalo Bayou Partnership
    • City of Alpine
    • City of Andrews
    • City of Boerne
    • City of Edinburg
    • City of Fort Stockton-Keep Historic Fort Stockton Beautiful
    • City of Lubbock
    • City of McAllen
    • City of Pasadena Parks and Recreation
    • City of Seabrook
    • Exploration Green Conservancy
    • Fort Stockton Historical Society
    • Galveston Island Tree Conservancy
    • Harris County Precinct 3
    • Harris County Precinct 4
    • Hermann Park Conservancy
    • Houston Botanic Garden
    • Houston Parks & Recreation Department
    • Houston Wilderness
    • Keep Laredo Beautiful
    • Keep San Angelo Beautiful
    • Keep Sugar Land Beautiful
    • KSA Parks Foundation – Trees for Kingwood
    • Missouri City Green
    • Native Plant Society of Texas, Fredericksburg Chapter
    • Native Plant Society of Texas, Kerville Chapter
    • Scenic Texas, Inc.
    • Texas Blossoms
    • Texas Longleaf Team
    • Texas Parks and Wildlife Department (4 different projects; see pdf)
    • TreeFolks
    • Webb County

    For more information about the Apache Tree Grant Program, please visit http://www.apachelovestrees.com.

    About Apache

    Apache Corporation a wholly owned subsidiary of APA Corporation (Nasdaq: APA), is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache’s parent corporation, APA Corporation, posts announcements, operational updates, investor information and press releases on its website, http://www.apacorp.com.

    About Apache Corporation Tree Grant Program

    Founded in 2005, the Apache Corporation Tree Grant Program is a philanthropic initiative of Apache Corporation that donates trees to nonprofits and government entities in the company’s operational areas. In 2023, the program was expanded to Scotland, with the donation of 3,600 trees to several non-profit organizations. The program focuses on grants that support large-scale conservation, protection of habitats for wildlife and native species, as well as the restoration and enhancement of public greenspaces. This award-winning environmental stewardship initiative has provided more than 5 million trees to over 900 to qualified partners in the United States. In addition to the development and improvement of public parks and greenspaces, community partners often request trees to support a broad range of conservation efforts, including preservation of natural habitats and reforestation. To learn more about the program, visit http://www.apachelovestrees.com

    Contacts
    Investor: (281) 302-2286  Gary Clark
    Media: (713) 296-7276 Alexandra Franceschi 
    Website: http://www.apacorp.com  

    APA-T

    The MIL Network

  • MIL-OSI: Lendmark Financial Services Expands Kentucky Presence with Florence Branch, Marking its 22nd Location in the State

    Source: GlobeNewswire (MIL-OSI)

    FLORENCE, Ky., Oct. 09, 2024 (GLOBE NEWSWIRE) — Lendmark Financial Services (Lendmark), a leading provider of household credit and consumer loan solutions, continues to expand its Kentucky footprint, opening a new branch in Florence.

    The branch is located at 212 Mount Zion Road and is expected to serve hundreds of customers in its first year. Elaine Gambill, who serves as the branch manager, will be responsible for administration of all daily operations. These include building personal relationships with customers and integrating into the community to ensure area residents receive a superior level of individualized loan services that meet their unique financial needs.

    “Planned and unplanned life events still happen, causing many consumers to look for financial resources to meet these needs,” said EJ Ryan, Vice President of Branch Operations at Lendmark. “Our team will be laser focused on serving the Florence community, delivering personalized and convenient household credit solutions that meet their respective financial needs.”

    In addition to serving consumers directly, Lendmark provides financing solutions for thousands of retailers and independent auto dealerships, allowing these businesses’ customers to obtain Lendmark financing. Local businesses that are interested in partnering with Lendmark to provide financing solutions for their customers should visit the branch or call 859-474-5598.

    Lendmark’s ‘Climb to Cure’ is its signature cause-related initiative. The company has committed to raising $10 million by 2025 to mark its 10-year anniversary partnering with CURE Childhood Cancer. So far, Lendmark’s employees, partners and customers have raised $8.83 million to support CURE, an Atlanta-based nonprofit dedicated to funding targeted pediatric cancer research that is utilized nationwide.

    Lendmark customers can participate by donating $1 when closing their loan. Lendmark matches the donation.

    About Lendmark Financial Services
    Lendmark Financial Services (Lendmark) provides personal and household credit and loan solutions to consumers. Founded in 1996, Lendmark strives to be the lender, employer, and partner of choice by protecting household wealth, offering stability and helping consumers meet both planned and unplanned life events through affordable loan offerings. Today, Lendmark operates more than 515 branches in 22 states across the country, providing personalized services to customers and retail business partners with every transaction. Lendmark is headquartered in Lawrenceville, Ga. For more information, visit http://www.lendmarkfinancial.com.

    Media Contact
    Jeff Hamilton
    Senior Manager, Corporate Communications
    jhamilton@lendmarkfinancial.com
    678-625-3128

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4de73a45-0f99-4be1-8ac5-4dd139567888

    The MIL Network

  • MIL-OSI: Zoomtopia 2024: Unveiling AI-first work platform innovations

    Source: GlobeNewswire (MIL-OSI)

    • Next generation of Zoom AI Companion to pull in information from across Zoom Workplace, empowering users to get more done
    • New custom add-on for AI Companion to offer advanced customization capabilities, including new Zoom AI Studio
    • Zoom Tasks expands Zoom Workplace capabilities to help users detect, recommend, and complete tasks throughout their workday

    SAN JOSE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) kicked off Zoomtopia 2024 and unveiled new AI-first work platform innovations for Zoom Workplace and Zoom Business Services that will transform team communication, collaboration, and productivity and help customers get more done.

    Zoomtopia 2024 announcements include Zoom AI Companion 2.0, a new add-on option to customize and personalize AI Companion, Zoom Tasks to help users take action across Zoom Workplace, and enhanced employee and customer experience innovations underpinned by cutting-edge AI.

    “At Zoom, we’re not just reimagining communication—we’re revolutionizing the entire work experience. Our vision is to create an AI-first work platform for human connection that empowers teams to achieve more than ever,” said Eric S. Yuan, founder and CEO of Zoom. “With AI Companion already enhancing productivity, we are helping our customers transform the way they work. This is more than an evolution; it’s a complete overhaul of how we get things done in the digital age.”

    Zoom AI innovations

    Zoom’s mission is to deliver an AI-first work platform for human connection. This AI-first approach to Zoom Workplace and Zoom Business Services allows individuals and teams to free up time and focus on what they do best: engaging, connecting, and delivering creative and insightful work.

    Zoom’s federated approach to AI allows its tech stack to dynamically select from multiple AI models to provide high-quality outputs; is responsible and provides customers with controls; and helps users drive enhanced collaboration, optimize time, and prioritize tasks effectively. Additionally, Zoom AI Companion is included at no additional cost with the paid services in eligible Zoom accounts so that users can harness the benefits of AI across all of their workstreams and get more done.

    Zoom AI Companion 2.0
    Zoom is dedicated to continuously improving AI Companion, giving its customers access to its most up-to-date and high-quality AI tools to make the user experience more seamless and productive. New capabilities of AI Companion 2.0 will include:

    • Persistent: Users can now engage with AI Companion via a convenient, persistent side panel, with seamless availability throughout Zoom Workplace, delivering an AI-first user interface (UI) that seamlessly integrates graphical and conversation UIs to allow for better information flow across Zoom Workplace.
    • Expanded context: AI Companion gains advanced contextual understanding based on what the user is looking at in the Zoom Workplace app and on previous conversations to provide intelligent suggestions and responses that come with citations to help users stay on top of their workday.
    • Advanced synthesis: AI Companion can pull in interactions from across Zoom Workplace, and, when connected, information from Microsoft Outlook, Gmail, Google Calendar, and uploaded files from Microsoft Office and Google Docs to help users summarize content and interactions and get caught up fast.
    • Connected to the web: AI Companion will be able to answer user questions and look up information from the web in real time.
    • Takes action: AI Companion will be able to detect, track, and complete actions across different workloads in Zoom Workplace to help users get more done.

    AI Companion 2.0 will be available in the coming weeks at no additional cost with paid services in Zoom Workplace accounts.

    Custom add-on for AI Companion
    A new optional add-on that allows for a customized and personalized AI Companion experience for individual customers will provide expanded data access to apps beyond Microsoft and Google email and calendar services and additional company data sources to expand its knowledge, allow customization with company glossaries, offer enhanced search capabilities, and be able to take action on the user’s behalf. The personalization capabilities will help improve AI Companion’s performance on the customer’s account and empower them to scale staff development efforts with a personalized coach and help save time and resources with custom avatar clips. Key components of the new add-on include:

    • Customized experience with AI Studio: Organizations can tailor the AI Companion experience to their unique business needs with custom dictionaries, meeting summaries, and knowledge collections, helping improve response accuracy by connecting to company data sources.
    • Connected third-party apps: Get comprehensive insights with the option to connect third-party data sources that integrate with Zoom’s AI capabilities to allow AI Companion to get answers and orchestrate actions across third-party apps like Atlassian (Jira & Confluence), Glean, Workday, Zendesk, ServiceNow, Box, Asana, Hubspot, and more.
    • Personalization: With the custom AI Companion add-on, individuals can also grow their skills with personal coaching capabilities and save time and production costs with custom avatars for Zoom Clips, which help users scale video clip creation and avoid multiple takes by using a personalized AI-generated avatar to create clips with a user-provided script.

    Custom AI Companion add-on will be available for $12 per user per month and is planned to launch in the first half of 2025. Visit the Zoom newsroom for more information on Zoom’s latest AI innovations.

    Zoom Workplace advancements

    Stay on top of the workday
    With Zoom Workplace, employees can easily stay on top of their day and get more done. New innovations include an AI-first product, Zoom Tasks, which will use AI Companion to help detect, recommend, and complete tasks for a user based on conversations from across Zoom Workplace; Zoom Phone AI-first enhancements, including real-time queries, which will provide summaries of Zoom Phone calls as they happen and Zoom Phone voicemail generation that a user can set up so AI Companion can automatically create personalized voicemail greetings from their voiceprint that are tailored to the user’s calendar events, such as travel schedules, to avoid manual voicemail greeting updates.

    Collaborate more effectively
    Zoom Workplace users will be able to have more productive meetings and collaborate more effectively with AI Companion meeting agendas and real-time summaries that help them make sure the most important topics are covered and keep meetings on track; scale their efforts with a library of pre-selected avatars in Zoom Clips to generate professional video content from text; Zoom Docs will offer new organization and permission options for finer control, new Data Table views and columns for collaboration on projects, APIs and workflow automation, and AI Companion skills to help streamline writing by generating content from templates tailored for writing scenarios and additional data sources.

    These Zoom Workplace enhancements are included at no added cost with the paid services in Zoom Workplace accounts.

    In-person experiences
    Zoom announced AI Companion for in-person meetings, which provides meeting summaries and action items via the Zoom Workplace app on a mobile device. For in-office meetings, AI Companion is expanding within Workspace Reservation to recommend what days employees should go into the office based on when their teammates are there, and recommend rooms based on location and size, making it easier to coordinate, collaborate with teammates, and optimize in-office space.

    Employee engagement
    New AI-first employee engagement solutions that help foster connection include AI Companion for Workvivo, which helps keep employees informed, engaged, and connected by creating content faster, and Workvivo Employee Insights, which helps measure employee engagement, happiness, and performance.

    Visit the Zoom newsroom for more information on these Zoom Workplace features and more.

    Business Services enhancements

    Zoom Customer Experience
    Zoom introduced enhancements to self-service solutions and improved agent and management support features to help provide world-class customer experiences.

    • Zoom’s self-service chatbot, Zoom Virtual Agent, now includes multi-intent detection to handle more complex customer issues. It can process several problems within a single engagement and automatically update customer intents based on learnings from active trends or common queries. Zoom is also launching an AI virtual voice agent to bring Zoom Virtual Agent’s capabilities into self-service voice calls.
    • The new Auto Quality Management allows supervisors to gain comprehensive insights into agent performance, automatically scoring customer interactions.
    • New AI Expert Assist capabilities include dynamic agent guides—AI Expert Assist analyzes the conversation context, notices which steps the agent has already taken, and then guides them to the relevant next step.

    Visit the Zoom newsroom for more information about these customer experience announcements and additional innovations for sales and marketing.

    Industry-specific offerings

    Different types of workers, whether it’s based on where they work or their industry, have unique needs, so Zoom announced new tailored solutions enhanced with AI.

    • For frontline workers, Zoom Workplace for Frontline provides a mobile-centric experience to drive employee productivity, engagement, and collaboration. It includes AI Companion-generated shift summaries, on-shift communications, work management, insights, and more.
    • For healthcare, Zoom Workplace for Healthcare will include AI Companion 2.0 to help personnel get more done. Healthcare customers will also be able to purchase a custom AI Companion for Healthcare add-on to provide customization and personalization capabilities with healthcare dictionaries and access to third-party data sources like electronic healthcare records.
    • The new Zoom Workplace for Clinicians offering helps clinicians save time by automating the clinical workflow. A key part of the solution is clinical notes, which will use specialized healthcare AI to help reduce documentation overhead and improve doctor-patient interactions.
    • For education, Zoom Workplace for Education will include AI Companion 2.0, along with education-specific enhancements like lesson planning, lecture summaries, personalized feedback, and in-class student engagement, as well as capabilities for students, such as AI Companion-generated live notes, Zoom Docs, and more. A custom AI Companion for Education add-on will provide additional access to third-party data sources like student information systems, Learning Management Systems, and other institutional content.

    Visit the Zoom newsroom for more information on additional industry enhancements.

    Watch Zoomtopia

    Tune in to Zoomtopia today for the Americas and tomorrow, October 10 for APAC, EMEA, and Japan to learn more about these innovations, and visit the Zoom blog for product updates.

    About Zoom
    Zoom’s mission is to provide an AI-first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer experience teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    The statements contained here are for informational purposes only and may not be incorporated into any contract. Any services, products, or functionality referenced that are not currently available are subject to change at Zoom’s sole discretion and may not be delivered as planned or at all. Customers who purchase from Zoom should make their purchase decisions based on currently available pricing, features, and functions.

    Zoom Public Relations
    Lacretia Nichols
    press@zoom.us

    The MIL Network

  • MIL-OSI: PepeCoin Announces Exclusive Burn Event for BasedAI Network Integration

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — The Rare Utility Memecoin Takes a Major Step Toward Increased Scarcity and New Utility

    PepeCoin, the OG 2016 memecoin known for its rarity and utility, is about to undergo a significant transformation. The team behind PepeCoin is introducing a deflationary burn event that will reduce the supply of PEPECOIN, creating a potential supply shock in the market. This move is set to make the memecoin even more scarce, potentially boosting its value and utility in the process.

    As part of this event, PEPECOIN holders will be able to burn tokens in exchange for Brain credits. These credits will then be used to obtain BasedAI Brains, the powerful subnets driving the innovative BasedAI Network. BasedAI tokens have been fairly distributed to PepeCoin holders through a staking farm as rewards for loyalty and locking tokens. This initiative is a step toward addressing the challenges of centralized AI systems, particularly in privacy and security, by leveraging a decentralized AI network.

    A New Era of Utility for PepeCoin

    With this burn event, the coin will cement its status, offering holders a direct role in the development and growth of BasedAI’s decentralized AI network. Holders will participate technically in the BasedAI network through staking and contributing resources to the network including the mining and validation processes.

    By participating in the burn event, PEPECOIN holders are not just reducing the supply, they are also gaining a stake in the future of decentralized AI. BasedAI is tackling critical issues in centralized AI systems, ensuring enhanced privacy, security, and user control over AI technology.

    About BasedAI and the Future of Decentralized AI

    BasedAI (powered by BasedAI:BASED) is a network designed to solve the issues plaguing traditional, centralized AI systems. With the introduction of BasedAI Brains, users will have the ability to control their own AI subnets, directly contributing to a more secure, decentralized AI ecosystem. This initiative aligns with Pepecoin’s mission of breaking down barriers in both the cryptocurrency and AI worlds.

    The upcoming PepeCoin burn event is set to bring even more utility to the token, while also playing a key role in the future of AI decentralization.

    About PepeCoin

    Established in 2016, PepeCoin ($PEPECOIN) is the original meme coin. It leverages the viral internet meme ‘Pepe the Frog’ to build a strong community of crypto enthusiasts and memers. PepeCoin is also building the first decentralized social wrapper for DeFi through open-source tooling and dank memes.

    Contact

    Marjore Barros

    marjore@energentmedia.net

    The MIL Network

  • MIL-OSI: TC Energy announces pricing of cash tender offers for certain Canadian-dollar denominated debt securities

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW).

    CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, has released the pricing terms of its previously announced separate offers (the “Offers”) to purchase for cash up to C$575,000,000 in aggregate principal amount of its 4.180% Senior Notes due 2048 (the “2048 Notes”) and its 3.390% Senior Notes due 2028 (the “2028 Notes”, and together with the 2048 Notes, the “Notes”).

    The Offers

    The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase.

    The table below sets out the aggregate principal amount of 2048 Notes accepted for purchase, the Offer Yield and the Total Consideration in respect of the 2048 Notes validly tendered and accepted for purchase pursuant to the Offer for such Notes. The Company has not accepted for purchase any of the 2028 Notes tendered into the Offer for such Notes.

    Title of Notes(1) Principal
    Amount 
    Outstanding
    CUSIP / ISIN
    Nos.
    (1)
    Reference 
    Security
    Bloomberg 
    Reference
    Page
    Offer
    Yield
    Fixed
    Spread
    (Basis
    Points)
    Total
    Consideration
    (2)
    Principal
    Amount
    Accepted
    (3)
    4.180% Senior Notes due 2048 C$1,100,000,000 89353ZCC0 / CA89353ZCC01 CAN 2 ¾ 12/01/55 FIT CAN0-50 4.970% 160 C$890.60 C$575,000,000
                     
    (1) No representation is made by TC Energy or the Company as to the correctness or accuracy of the CUSIP number or ISIN listed in this news release or printed on the 2048 Notes. They are provided solely for convenience.
       
    (2) Per C$1,000 principal amount of 2048 Notes validly tendered, and not validly withdrawn, at or prior to the Expiration Date and accepted for purchase; excludes the Accrued Coupon Payment.
       
    (3) Rounded figure of aggregate principal amount. The actual aggregate principal amount of 2048 Notes accepted for purchase may be adjusted for rounding due to proration.
       

    Settlement

    Payment of Total Consideration for 2048 Notes accepted for purchase will be made by the Company on the Settlement Date, which is expected to occur on Oct. 15, 2024. In addition to the Total Consideration, Holders whose 2048 Notes are accepted for purchase will receive a cash payment equal to the Accrued Coupon Payment, representing accrued and unpaid interest on such 2048 Notes from and including the immediately preceding interest payment date for such 2048 Notes to, but excluding, the Settlement Date. Holders whose 2048 Notes are accepted for purchase will lose all rights as Holder of the tendered 2048 Notes and interest will cease to accrue on the Settlement Date for all 2048 Notes accepted in the Offers.

    Following consummation of the Offers, any 2048 Notes that are purchased in the Offers will be retired and cancelled and no longer remain outstanding. All Notes not accepted for purchase by the Company or not purchased due to proration will be returned without cost to the tendering Holders.

    Upon completion of the Offers, there will be approximately C$525,000,000 aggregate principal amount of the 2048 Notes outstanding.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered Notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers.

    Deutsche Bank Securities Inc. (“Deutsche Bank”), J.P. Morgan Securities Canada Inc. (“JPM”), Morgan Stanley Canada Limited (“MS”) and RBC Dominion Securities Inc. (“RBC”) are acting as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to JPM at 1.403.532.2126, MS at 1.416.943.8400 or RBC at 1.877.381.2099 (toll-free) or 1.416.842.6311 (collect). Deutsche Bank is not registered as a dealer in any Canadian jurisdiction and, accordingly, neither it nor any of its affiliates will, directly or indirectly, advertise, solicit, facilitate, negotiate, effect or take any other act in furtherance of any purchase or tender of Notes in connection with the Offers and any such solicitation, advertisement or other act with respect to the Offers will be conducted by JPM, MS and RBC. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

    TSX Trust Company is acting as the Tender Agent for the Offers.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in CDS will be released.

    Offer and Distribution Restrictions

    The Offers were made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of, TC Energy, the Company or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any “U.S. person” (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States.

    In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company or any of their subsidiaries.

    Forward-Looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Settlement Date thereof; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/d4cb9afa-ed66-422d-ae22-57edf08c84fa

    The MIL Network

  • MIL-OSI: CORRECTION — Survey Reveals that Half of U.S. Enterprises Have Immature External Attack Surface Management Programs Despite 90% Indicating Increases in Impactful Incidents

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — In a release issued earlier, the link to the webinar should have been http://www.tacitred.com/asm24webinar/. The corrected release follows:

    TacitRed today announced new survey findings in its “2024 State of Attack Surface Intelligence report.” The research, conducted by Cybersecurity Insiders, a community membership of over 600,000 information technology (IT) security professionals, found that half of U.S. enterprises have immature external attack surface management (EASM) programs despite nearly all respondents indicating an increase in impactful attack surface incidents. Organizations are investing in new technologies and applications to drive digital transformation, but in doing so, have enabled cyber adversaries means to exploit external attack surface exposures.

    The 2024 Attack Surface Threat Intelligence report, which aimed at getting a better understanding of the key cyber security microtrends impacting businesses today, provides insights into the challenges, advances, maturity, and best practices for managing external attack surface risk. A findings summary infographic can be downloaded at http://www.tacitred.com/asm2024inf. To obtain the full report, visit http://www.tacitred.com/asm2024rpt.

    “Given increased threats, operational deficiencies, and limited resources, the survey results underscore ample room for growth in maturing the people, processes, and tools necessary for effective EASM,” said Holger Schulze, CEO and founder of Cybersecurity Insiders. “Organizations should evaluate how to move beyond inconsistent and reactive measures and invest in more efficient, proactive, and responsive approaches to attack surface management to enhance their overall cyber posture and resiliency.”

    Attack Surface Intelligence Insights and Challenges

    Findings indicate that changes in attack surface infrastructure and external-originated incidents are steadily growing, but current tools are not effectively serving security operations teams. include:

    • 90% of organizations experienced an increase in impactful attack surface incidents.
    • 84% of respondents expressed attack surface dynamics contributing to security incidents.
    • Over a third of respondents expressed challenges of coping with too much threat noise (39%) and poor threat intelligence (37%) — contributing to analyst burnout, missed detections, and delayed response.
    • Similarly, more than half of respondents (66%) claimed only nominal usefulness in their attack surface threat intelligence tools while 40% expressed challenges in identifying third-party exposures, maintaining accurate internet-facing asset inventory, and detecting active threats.
    • Security analysts were a third less positive about tools supporting EASM programs compared to senior management — indicating a gap between tool perception and hands-on efficacy.  

    EASM Programs Lack Maturity, Not Budget  

    The maturity of EASM programs varies significantly across organizations. Nearly 50% of respondents report that their programs are in the early stages of development, either in the Initial or Repeatable phases, where risk management remains unstructured and reactive. Only 33% of respondents are in more advanced stages of maturity, having more defined, automated, and optimized capabilities. Technology and healthcare industries claim slightly (10%) stronger maturity compared to government and financial services organizations.

    Large organizations (over 2,500 employees) appear twice as likely to have mature programs than smaller organizations – which may be attributed to having more resources and investment. Fortunately, budgets for EASM programs are on the rise with 90% expecting increased investment in EASM tools and threat intelligence. 40% of respondents anticipate a budget increase over 20% compared to the previous year. The findings have major implications for EASM providers as organizations seek to improve processes and evaluate new technologies to address operational gaps.

    Additional findings include:

    • 90% of organizations experienced an increase in impactful attack surface incidents
      • Smaller companies (<2,500 employees) had 60% more incidents than larger companies
    • 49% of organizations currently have immature EASM programs
      • Near-term program objectives are to improve threat responsiveness (65%) and asset inventory accuracy (59%)
      • Over half of respondents anticipate security tool convergence and the application of Generative AI to positively impact EASM programs
    • 66% of respondents rated their attack surface intelligence tools as nominally useful
      • Professionals (65%) are seeking multi-source, curated, and prioritized threat intelligence
    • 90% anticipate budgets increasing for attack surface management and threat intelligence tools – 40% expect an increase of over 20%

    Join Cybersecurity Insiders, TacitRed, and an expert practitioner panel as they examine key survey findings, share insights, and explore best practices on the “state of attack surface threat intelligence” webinar to be held on October 22nd at 11am EST. Register for the webinar at http://www.tacitred.com/asm24webinar/.

    Tweet This: New research finds that 90% of organizations experienced an increase in impactful attack surface incidents and 66% find external attack surface threat intelligence tools ineffective. Download the report at http://www.tacitred.com/asm2024rpt. #tacitred #attacksurfacemanagement #threatintelligence

    Survey Details
    The research and report was produced by Cybersecurity Insiders, a community membership of over 600,000 information technology (IT) security professionals. The online survey was conducted in September 2024 and responses were compiled from 312 qualified security professionals in enterprises ranging from 1,000 to over 10,000 employees across multiple industries in the United States. All respondents manage external attack surface management programs and teams, or are security operations and analyst team members that use threat intelligence and EASM tools daily.

    About Cogility TacitRed™
    Cogility TacitRed™ empowers security analysts to take immediate, decisive actions to mitigate impactful cyber exposures by taking advantage of unparalleled tactical attack surface intelligence – fully curated, prioritized, and detailed. The SaaS solution continuously analyzes global internet and threat intelligence of entities and adversaries to provide actionable insight on compromised and at-imminent-risk assets with complete visualization, scoring, attack chain stage, and threat context for over 18 million U.S. entities. As a result, organizations can optimize resources, mitigate data breach exposure, proactively improve their security posture, and help reduce supply chain risk. To obtain a free 30-day trial, visit http://www.tacitred.com.

    Media Contact
    Grace Halvorsen
    gracehalvorsen@lightspeedpr.com

    A PDF accompanying this release is available at http://ml.globenewswire.com/Resource/Download/375c7a18-bd47-490a-84ec-f572ac51977e

    The MIL Network

  • MIL-OSI: StoneX completes acquisition of JBR Recovery’s recycling and refining business, to deepen the company’s end-to-end metals offering

    Source: GlobeNewswire (MIL-OSI)

    • JBR Recovery Ltd (“JBR”) is one of only two UK companies accredited by the LBMA for the supply of ‘Good Delivery’ silver to the London Bullion Market
    • Acquisition extends StoneX’s metals offering into sourcing and refining

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. (“StoneX”; NASDAQ: SNEX), has today announced that one of its subsidiaries, StoneX Metals Limited, has completed its acquisition of JBR’s precious metal recovery and refinery business. The acquisition will deepen the StoneX group’s already market leading metals offering, by allowing it to own a significant part of the supply chain, as well as meet the growing global demand for recycled silver.

    JBR is a processor of materials containing silver, gold and other platinum group metals (PGM). It specialises in the reuse and recycling of secondary or waste materials which it then processes and produces Good Delivery silver bars.

    JBR is one of only two UK companies accredited by the LBMA for the supply of ‘Good Delivery’ silver to the London Bullion Market, producing more than 250 tonnes of silver per annum. The original business was founded in Birmingham’s Jewellery Quarter and has ties to the precious metal refining and recovery industry since the 18th century.

    The acquisition will expand the StoneX group’s precious metals business to include the owning and refining of precious metals for the first time, enabling end-to-end management of metal trading from point of supply, production, and authentication through to the sale and delivery to the end client.

    Michael Skinner, Global Head of Metals, StoneX, commented: “This acquisition marks a historic moment for the StoneX group and its metals business. The acquisition of JBR is testament to the continued commitment of StoneX in furthering our offering in this market and providing our clients with a full end-to-end service and building our metals ecosystem. We will be working closely with the JBR team to ensure we continue to build on its strong reputation and hundreds of years of service in this market.”

    Simon Meddings, Managing Director, JBR Recovery, commented: “JBR has grown from strength to strength over recent years and the acquisition by the StoneX group is a momentous chapter in our history.  The acquisition will aid further business growth and opportunity, enabling the offering of an enhanced service and product line to existing and new global customers.  There are many synergies between both companies, and I look forward to working closely with the StoneX Metals team over the coming months.  We are proud to be part of the StoneX group.”

    About StoneX
    StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise. The group strives to be the one trusted partner to its clients, providing its network, product and services to allow them to pursue trading opportunities, manage their market risks, make investments and improve their business performance. A Fortune 100 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ:SNEX), StoneX Group Inc. and its more than 4,400 employees serve more than 54,000 commercial, institutional, and payments clients, and more than 400,000 retail accounts, from more than 40 offices spread across five continents. Further information on the StoneX group is available at http://www.stonex.com.

    About JBR
    JBR Recovery Ltd. is a UK-based company specializing in the recovery and refining of precious metals, particularly silver. Founded in 1760, it processes secondary materials, to extract metals like silver, gold, platinum, and palladium. Located in West Bromwich, JBR is one of the few companies certified by the London Bullion Market Association (LBMA) for producing high-quality, “Good Delivery” silver bars with a minimum purity of 99.9% which are subsequently traded OTC on the global precious metals market.

    For media inquiries please contact:
    Louis Hogan
    +44 (0) 78477 16844
    Louis.hogan@cognitomedia.com

    The MIL Network

  • MIL-OSI: Innovation in Crypto: How PlusTraders Highlight Advanced Technology Benefiting Traders

    Source: GlobeNewswire (MIL-OSI)

    London, UK, Oct. 09, 2024 (GLOBE NEWSWIRE) — PlusTraders reviews are showcasing the impact of the platform’s latest advancements in crypto trading tools, designed to empower users by maximizing profits and minimizing risk. With a suite of new cutting-edge technologies, including AI-powered algorithms and real-time market analytics, PlusTraders is emerging as a game-changing platform for those looking to navigate the ever-volatile cryptocurrency landscape with confidence.

    Pioneering AI for Smarter Trading

    The backbone of these innovations lies in the use of advanced AI algorithms, which have been programmed to analyze vast amounts of data in real-time, helping traders anticipate market movements and make faster, more informed decisions. PlusTraders reviews have highlighted how this technology provides a significant edge, even in fast-moving and unpredictable crypto markets.

    “Our mission has always been to equip traders with the tools they need to succeed,” said the CEO of PlusTraders. “Our latest AI-driven updates take trading to the next level by providing real-time analysis and predictive insights, which allow our users to stay ahead of market trends.”

    This technology is especially valuable to traders who may lack the time or resources to perform in-depth market research on their own. With PlusTraders’ AI tools, even those new to crypto trading can access insights traditionally reserved for seasoned professionals, making it possible to execute trades with the same level of confidence and expertise.

    A Seamless User Experience

    In addition to leveraging advanced technology, PlusTraders has revamped its platform with a focus on usability, creating an intuitive interface that simplifies the entire trading experience. PlusTraders reviews consistently point out how easy it is to navigate the platform’s features, enabling users to track market trends, manage portfolios, and execute trades all from a single, user-friendly dashboard.

    “We’ve designed the platform to ensure that traders of all levels can use it with ease,” said a spokesperson from PlusTraders. “Whether you’re a beginner or an expert, our platform is built to provide all the tools and insights you need in one place. The feedback we’ve received from PlusTraders reviews has been overwhelmingly positive, and it encourages us to keep improving.”

    PlusTraders’ design makes the platform accessible to traders who are new to the crypto market, while still providing advanced features for more experienced users. This ensures that as traders gain experience and confidence, the platform continues to support their growth with progressively sophisticated tools and insights.

    Advanced Security for Total Peace of Mind

    In an age of increasing cyber threats, security has become a key concern for traders worldwide. To address this, PlusTraders has integrated robust security features into its platform, ensuring that all user accounts and transactions are protected by industry-leading encryption and multi-layered authentication protocols. PlusTraders reviews highlight the company’s commitment to maintaining the highest standards of security, allowing users to trade with confidence, knowing their assets are safeguarded.

    “Security has always been at the forefront of our priorities,” said the CEO of PlusTraders. “Our clients need to know that their investments are secure, which is why we’ve invested heavily in creating a platform that not only performs exceptionally but also provides total peace of mind when it comes to protecting user data and funds.”

    This focus on security is another reason why PlusTraders reviews have been consistently positive, with traders praising the platform’s ability to deliver both a top-tier trading experience and industry-leading protection.

    The Future of Crypto Trading with PlusTraders

    As the crypto market continues to evolve, PlusTraders is committed to staying ahead of the curve, constantly refining its platform and expanding its suite of tools to meet the needs of modern traders. With an eye on innovation, PlusTraders aims to make trading more efficient, profitable, and accessible to users around the world.

    Looking forward, PlusTraders is working on further developments in its AI technology and is exploring additional ways to enhance the user experience. The company plans to roll out additional updates in the coming months, designed to meet the changing needs of its users and the ever-evolving crypto market.

    “Crypto trading is fast-paced, and we’re committed to providing the tools and technology that will keep our traders at the forefront,” added the CEO. “We’re constantly listening to user feedback and using it to shape the future of our platform. The response to our latest innovations has been phenomenal, and we’re excited to continue delivering solutions that help our clients succeed.”

    Call to Action

    PlusTraders invites traders of all levels to experience the difference advanced technology can make in their trading journey. To learn more about the platform’s innovative tools and features, visit PlusTraders reviews and explore how these enhancements can help you achieve greater success in the dynamic world of cryptocurrency trading. Join the growing community of traders who are already benefiting from PlusTraders’ cutting-edge technology and discover how you can elevate your trading strategies today.

    About PlusTraders
    PlusTraders is a leading crypto trading platform dedicated to providing traders with innovative tools, educational resources, and cutting-edge technology to succeed in the digital asset space.

    Disclaimer: 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. Cryptocurrency mining can involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-OSI: SCOR announces that it has entered into exclusive negotiations with the Albin Michel group for the sale of the Humensis group

    Source: GlobeNewswire (MIL-OSI)

    Press release
    October 9, 2024 – N° 15

    SCOR announces that it has entered into exclusive negotiations with the Albin Michel group
    for the sale of the Humensis group

    SCOR announces that it has entered into exclusive negotiations with Huyghens de Participations, the holding company of the Albin Michel group, for the sale of its stake in the capital of Humensis.

    Humensis was founded in 2016 with the aim of spreading knowledge. SCOR supported its development, making it the ninth largest generalist and educational publishing group in France.

    Initially structured around Presses Universitaires de France (PUF) and Editions Belin, Humensis is a diversified company made up of strong, recognized brands (Belin, PUF, Que sais-je ?, Editions de l’Observatoire, Editions des Equateurs, and more).

    By entering into exclusive negotiations with Albin Michel, SCOR plans to entrust a key player in the publishing industry with the preservation and future development of the Humensis group brands, while maintaining their influence in the French intellectual ecosystem.

    *

    *        *

    SCOR, a leading global reinsurer

    As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

    The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.

    For more information, visit: http://www.scor.com

    Media Relations
    Alexandre Garcia
    media@scor.com

    Investor Relations
    Thomas Fossard
    InvestorRelations@scor.com

    Follow us on LinkedIn

     

    All content published by the SCOR group since January 1, 2024, is certified with Wiztrust. You can check the authenticity of this content at wiztrust.com.

    Attachment

    The MIL Network

  • MIL-OSI: Gate.io Announces $10 Million Investment in TON Blockchain to Boost Telegram-Based Projects

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, Panama, Oct. 09, 2024 (GLOBE NEWSWIRE) — Gate.io has announced a $10 million strategic investment in The Open Network (TON) blockchain. This investment aims to enhance collaborations with the TON Foundation and accelerate the growth of Telegram-based projects.

    With this investment, Gate.io plans to deepen its involvement in the governance of the TON blockchain and contribute to its ongoing development. The company will also focus on launching new products, such as an official CeFi-driven Telegram mini-app and a Gate Wallet within Telegram, to further support and expand the TON ecosystem.

    Gate Group is also actively participating in the TON Society’s Hackers League hackathon, one of the largest hacker events of the year. Offering a total prize pool worth up to $2 million and featuring key bounty tracks from leading TON projects, this event promises to be a groundbreaking experience for participants. An offline bootcamp will be held across 19 cities worldwide, fostering global participation and innovation.

    TON-based projects present a compelling use case for mass adoption through the Telegram ecosystem, which has seen considerable growth as it expands its services to Web3 startups. Dr. Lin Han, Founder and CEO of Gate.io, noted, “The TON ecosystem holds strong potential due to its large Telegram user base and fast, low-cost blockchain technology. This makes it an ideal platform for attracting Web3 applications and developers, with promising prospects for large-scale user growth and network effects.”

    While Telegram and TON operate as separate entities, the messaging platform and blockchain protocol remain closely aligned, creating a unified environment for innovation.

    Contact
    Elaine Wang
    elaine.w@gate.io 

    Disclaimer: This content is provided by “Gate.io”. 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/82d491f2-e164-416c-863e-6772dde71d92

    The MIL Network

  • MIL-OSI: Bybit Announces 24-hour Flash Airdrop: New 100,000 USDT Prize Pool for WSOT 2024 Participants

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 09, 2024 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is keeping the surprises coming for participants of the world’s longest-running crypto trading competition, the World Series of Trading (WSOT) 2024. For 24 hours until 9:30AM UTC on Oct. 10, Bybit WSOT participants can join in to unlock a 100,000 USDT prize pool for one time only.

    In addition to various winning tracks and mechanisms and a total prize pool of 10,000,000 USDT, the flash airdrop event provides opportunities for new and existing users. Users who have yet to test their trading skills may register for WSOT 2024, and existing participants can also elevate their rewards experience by simply opening one or more subaccount(s) and joining any squad with the new subaccount(s).

    “WSOT is about camaraderie, sharing the joy of crypto trading and becoming better traders together. We want more people to access more rewards and enjoy the thrills of riding the crypto waves. This year’s participants can expect fun events and benefits throughout the journey and to explore the forefront of innovation in crypto, DeFi and Web3 with us. WSOT is open to everyone and anyone of all levels and capital sizes in crypto trading, and Bybit is committed to continuously elevating the experience and helping them unlock the ultimate prize,” said Joan Han, Sales and Marketing Director at Bybit.

    WSOT: A Pioneering Trading Competition

    WSOT was the original and longest-running global crypto competition, inspired by professional games competing on merit and skills. It set out to challenge the early stereotypes and misconceptions of crypto trading and set a standard in competitive trading.

    Over the years, WSOT has attracted many skilled traders and leaders in the industry. Two days into the registration period, over 40,000 participants in the WSOT community have already unlocked over 40% of the total 10,000,000 prize pool.

    Readers can follow WSOT 2024 and race to unlock the 100,000 prize pool in the next 24 hours: A Chance to Boost WSOT Rewards With an Extra 100,000 USDT Limited-Time Airdrop

    #Bybit / #TheCryptoArk / #WSOT2024

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, readers can visit Bybit Press

    For media inquiries, readers can contact: media@bybit.com

    For more information, readers can visit: https://www.bybit.com

    For updates, readers can follow: Bybit’s Communities and Social Media

    Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    Contact
    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    The MIL Network