Category: GlobeNewswire

  • MIL-OSI: Landsbankinn hf.: Tender offer results

    Source: GlobeNewswire (MIL-OSI)

    Landsbankinn hf. announced today the results of a tender offer published on 30 September 2024 where holders of its EUR 2025 notes (ISIN: XS2306621934) were invited to tender their notes for purchase by the bank against a cash payment. The tender offer was subject to the terms and conditions outlined in the tender offer memorandum.

    The bank received valid tenders of EUR 124,731,000 of which all were accepted.

    Dealer managers are ABN AMRO Bank, J.P. Morgan, Natixis and Nomura.

    Further information on the tender offer results is available in the announcement made public on Euronext Dublin (http://www.ise.ie) where the bonds are listed.

    This announcement is released by Landsbankinn hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (“MAR”), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Hreiðar Bjarnason, Chief Financial Officer for Landsbankinn hf.

    The MIL Network

  • MIL-OSI: YieldMax™ Launches Option Income Strategy ETF on Palantir Technologies (PLTR)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of the following ETF:

    YieldMax™ PLTR Option Income Strategy ETF (NYSE Arca: PLTY)

    PLTY seeks to generate current income by pursuing options-based strategies on Palantir Technologies Inc. (“PLTR”). PLTY is actively managed by ZEGA Financial. PLTY does not invest directly in PLTR.

    PLTY is the newest member of the YieldMax™ ETF family and like all YieldMax™ ETFs, aims to deliver current income to investors. With respect to distributions, PLTY will be a Group B ETF and its first distribution is expected to be announced on November 6, 2024. Please see table below for distribution and yield information for all outstanding YieldMax™ ETFs.

    ETF
    Ticker
    1
    ETF Name Reference
    Asset
    Distribution
    Rate
    2,4,5
    30-Day
    SEC Yield
    3
    TSLY YieldMax™ TSLA Option Income Strategy ETF TSLA 115.53% 3.09%
    OARK YieldMax™ Innovation Option Income Strategy ETF ARKK 53.47% 3.37%
    APLY YieldMax™ AAPL Option Income Strategy ETF AAPL 31.19% 3.17%
    NVDY YieldMax™ NVDA Option Income Strategy ETF NVDA 65.43% 3.24%
    AMZY YieldMax™ AMZN Option Income Strategy ETF AMZN 41.70% 3.27%
    FBY YieldMax™ META Option Income Strategy ETF META 31.65% 3.22%
    GOOY YieldMax™ GOOGL Option Income Strategy ETF GOOGL 22.22% 3.28%
    NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX 36.06% 3.45%
    CONY YieldMax™ COIN Option Income Strategy ETF COIN 97.94% 3.70%
    MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT 27.17% 3.33%
    DISO YieldMax™ DIS Option Income Strategy ETF DIS 35.17% 3.41%
    XOMO YieldMax™ XOM Option Income Strategy ETF XOM 18.73% 3.32%
    JPMO YieldMax™ JPM Option Income Strategy ETF JPM 34.76% 3.60%
    AMDY YieldMax™ AMD Option Income Strategy ETF AMD 73.41% 3.24%
    PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL 102.97% 2.94%
    SQY YieldMax™ SQ Option Income Strategy ETF SQ 86.71% 3.44%
    MRNY YieldMax™ MRNA Option Income Strategy ETF MRNA 71.92% 3.91%
    AIYY YieldMax™ AI Option Income Strategy ETF AI 47.26% 3.76%
    MSTY YieldMax™ MSTR Option Income Strategy ETF MSTR 81.35% 0.00%
    YBIT YieldMax™ Bitcoin Option Income Strategy ETF Bitcoin ETP 87.09% 4.07%
    CRSH YieldMax™ Short TSLA Option Income Strategy ETF TSLA 101.44% 3.61%
    GDXY YieldMax™ Gold Miners Option Income Strategy ETF GDX® 40.15% 3.27%
    SNOY YieldMax™ SNOW Option Income Strategy ETF SNOW 40.64% 3.44%
    ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB 33.60% 2.84%
    FIAT YieldMax™ Short COIN Option Income Strategy ETF COIN 110.90% 3.22%
    DIPS YieldMax™ Short NVDA Option Income Strategy ETF NVDA 87.48% 3.69%
    BABO YieldMax™ BABA Option Income Strategy ETF BABA 33.24% 2.62%
    YQQQ YieldMax™ Short N100 Option Income Strategy ETF NDX® 26.88% 3.63%
    TSMY YieldMax™ TSM Option Income Strategy ETF TSM 23.98% 3.48%
    SMCY* YieldMax™ SMCI Option Income Strategy ETF SMCI
    YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple 61.63% 62.93%
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple 45.17% 50.85%
    ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple 113.94% 0.00%


    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

    Note: CRSH, FIAT, DIPS and YQQQ are hereinafter referred to as the “Short ETFs” and “ADR” stands for American Depositary Receipt.

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    * The inception date for SMCY is September 11, 2024.

    1. All YieldMax™ ETFs shown in the table above (except YMAX, YMAG and ULTY) have a gross expense ratio of 0.99%. YMAX and YMAG have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio of 1.24% but the investment adviser has agreed to a 0.10% fee waiver through at least February 28, 2025.
    2. The Distribution Rate shown is as of close on October 7, 2024. The Distribution Rate is the annual distribution rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying such distribution by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
    3. The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended September 30, 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. As of such date, the ULTY subsidized and unsubsidized 30-Day SEC Yields were 0.00% and 0.00%, respectively. The subsidized yield reflects fee waivers in effect while the unsubsidized yield does not adjust for any fee waivers in effect.
    4. Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
    5. As of the date hereof, distributions for the following ETFs have included return of investor capital: TSLY, OARK, APLY, AMZY, NVDY, GOOY, JPMO, XOMO, PYPY, CONY, DISO, FBY, MSFO, NFLY, SQY, AMDY, MRNY, AIYY, MSTY, ULTY, YMAX, YMAG, YBIT, SNOY, CRSH and GDXY. For additional information, please visit http://www.YieldMaxETFs.com/TaxInfo.

    Standardized Performance

    For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For SQY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For YMAX, click here. For YMAG, click here. For ULTY, click here.

    Prospectuses

    Click here.

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are in the prospectus. Please read the prospectuses carefully before you invest.

    There is no guarantee that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Contact Gavin Filmore at gfilmore@tidalfg.com for more information.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs and ZEGA Financial is their sub-adviser.

    THE FUND, TRUST, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERNCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX and YMAG generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer time periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given month. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer time periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given month. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given time period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    Holdings

    As of October 7, 2024, the YieldMax™ PLTR Option Income Strategy ETF did not hold any shares of Palantir Technologies Inc. (“PLTR”). As of such date, the holdings of PLTR in such fund were 0.00%.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs or ZEGA Financial.

    © 2024 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI: Array and Lumin Digital Announce Partnership To Help Financial Institutions Deliver Financial Wellness Tools Within Lumin Digital’s Digital Banking Experience

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and SALT LAKE CITY, Oct. 08, 2024 (GLOBE NEWSWIRE) — Array, a leading financial innovation platform, announced a partnership today with Lumin Digital, a leading cloud-native digital banking provider. Through this partnership, Lumin will now offer a suite of Array’s products, including My Credit Manager with Offers Engine, Identity Protect, Privacy Protect, and Subscription Manager, as part of its Financial Wellness Monitoring suite for financial institution customers.

    The complexity of consumers’ personal financial ecosystems can make it difficult for them to effectively manage their finances – especially when they are spread across many apps and institutions. Array’s innovative product suite aims to help financial institutions equip consumers with financial health tools that enable them to understand and more effectively manage their financial lives – all from a single place. The suite of embeddable products can be seamlessly integrated into a Lumin customer’s existing digital banking platform, allowing for the quick deployment of financial tools without exhausting internal resources through costly and time-consuming development processes.

    “Bank and credit union customers have evolved regarding what their financial institution should offer within its digital experience,” said Sean Weadock, Chief Product Officer for Lumin Digital. “Through our partnership with Array, our community of banks and credit unions can now bundle full-featured credit management with ID and privacy protection products within their banking experience platform. This increases accessibility to these must-have features and the efficiency at which institutions can deliver highly innovative digital solutions to meet their customers’ needs while reducing overall costs.”

    Array’s My Credit Manager with Offers Engine lets users view, understand, and manage their credit information. They can receive score change alerts, interact with a score simulator, and view credit score factors and debt analysis components. With this product, financial institutions see an average of 2.2 return visits per month. Array’s Offers Engine, an embedded data and workflow solution, helps financial institutions market their services to account holders with actionable offers based on the user’s credit-data attributes. They are then matched to appropriate credit products, resulting in greater relevance and likelihood of approval. Through this service, financial institutions have seen a significant increase in personal loan email opens, and, in some cases, have boosted personal loan values by 3x-4x.

    Array’s ID Protect includes identity monitoring, insurance, and restoration services that help keep users safe from fraud, and features dark web monitoring, alerts, and identity theft restoration services. This product demonstrates exceptional retention, with one Array client achieving a 96% retention rate as users increasingly recognize security features as essential tools for protecting their personal information. Users will also have access to Privacy Protect, which offers the most effective data removal for consumers – having removed more than 200 million records to date and assisting more than 4 million individuals.

    Finally, Array’s Subscription Manager is an embeddable, private-label app that helps financial institutions, fintechs, and digital brands attract and retain customers by providing insight into and control over recurring payments.​​ It is available in various models, including as a value-added service, a premium upgrade, or other options. With the new tool, users can monitor their subscriptions in a single, consolidated view, and cancel unused or low-value subscriptions with just a single click. Additionally, users can request that Array negotiate a lower rate on select subscriptions on their behalf, and consolidate their subscription management with other financial services.

    “Lumin accelerates the process of digital banking innovation and product deployment for financial institutions, and this strengthens customer relationships over the near and long term,” said Mario DeLecce, Head of Partnerships at Array. “While banks and credit unions are competent in delivering superior customer service in person, digital banking acumen remains a challenge. Lumin is helping these institutions navigate the digital customer experience, prioritize the products that have a client’s needs as the core focus, and find initiatives that deliver the most value. We are fortunate they have chosen our products to assist customers and members to achieve better financial health and wellness.”

    About Lumin Digital
    Lumin Digital is the leading, future-ready digital banking solution powering remarkable growth for financial institutions across the United States. Combining innovation, data, and speed, Lumin’s disruption-proof platform was born in the cloud to stay ahead of the evolving expectations of retail and business banking users. With Lumin Digital’s unique approach, our clients innovate and scale at their own pace, optimize digital banking ROI, and create a strong digital relationship with their customers. For more information, visit lumindigital.com.

    About Array
    Array is a financial innovation platform that helps digital brands, financial institutions, and fintechs get compelling consumer products and features to market quickly. Array’s products enable its clients to drive more revenue while increasing digital engagement and financial literacy for their customers. The company has clients across multiple market segments serving millions of active users. Array was founded in 2020 by Martin Toha and Phillip Zedalis and its investors include Battery Ventures, General Catalyst, and Nyca Partners. To learn more visit http://www.array.com.

    Media Contacts

    Kurt Foeller, Array
    press@array.com

    Olivia Knecht
    Clarity for Lumin Digital
    lumin@clarity.global

    The MIL Network

  • MIL-OSI: ZeroDual, Powered by OPTIZMO™ Technologies, Debuts as an Innovative Solution to Dual Representation Issues in the MDL Arena

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 08, 2024 (GLOBE NEWSWIRE) — OPTIZMO Technologies, recognized for its leading solutions in email compliance, data security, and suppression list management, proudly introduces ZeroDual. This innovative platform is specifically designed to revolutionize the management of dual representation challenges faced by law firms in Mass Tort and Class Action litigation. ZeroDual harnesses OPTIZMO’s industry-leading technology to offer a secure, and intuitive approach to ensure clean dockets and reduce case attrition.

    Launched in 2009 by co-founders Khris Thayer and Grant Fern, OPTIZMO has been at the cutting edge of managing and securing sensitive data for 15 years. With the launch of ZeroDual, OPTIZMO delivers a solution critically needed to enhance efficiency and data integrity within the mass tort industry.

    ZeroDual: An Innovative Shift in Docket Management
    Catering to the complexities of Mass Tort litigation, ZeroDual presents a pivotal advancement in real-time case management and duplication checks. The platform enables law firms to ensure that cases being onboarded are not already represented by another firm, promoting real-time transparency in docket management, and reducing overall case attrition in the census/certification process.

    Why ZeroDual is the Definitive Solution:

    • Instant Duplicate Claimant Checks: Instantaneously verify if claimants are unique within the MDL upon intake, significantly mitigating duplicate retainer purchases and longer-term case processing costs.
    • Streamlined Docket Certification: Facilitate smoother docket certification processes with courts, enhancing the efficiency of legal proceedings.
    • Privacy and Security at the Forefront: With encoded, anonymized case data, ZeroDual keeps your case demographics confidential and shielded from other law firms.
    • Centralized Plaintiff Database: ZeroDual creates a comprehensive, centralized case database for each MDL, streamlining case management.
    • User-Friendly Interface: Equipped with a simple, one-click tool for instant claimant duplicate checks, ZeroDual is designed for ease of use without compromising on precision.

    Advanced Data Security Measures
    Building on OPTIZMO’s core commitment to data security, ZeroDual incorporates extensive security protocols, ensuring sensitive case information is rigorously protected. Through encoding, anonymization, and an array of vulnerability assessments, ZeroDual delivers industry-best data security protocols within the legal industry.

    As OPTIZMO continues to expand its product and service offerings, ZeroDual exemplifies the company’s innovation-driven philosophy. By introducing ZeroDual, OPTIZMO not only addresses an industry-wide challenge but also reinforces its reputation as a pioneer in technological solutions for complex data management issues.

    Learn more at ZeroDual.com

    About OPTIZMO

    OPTIZMO Technologies is the recognized thought leader in the email and online marketing space for email suppression list management, email campaign management, data management, and risk mitigation services relative to email compliance. With an expert staff in pursuit of unrivaled efficiency, innovative technology, and an insatiable desire to problem-solve, clients find a customer-centric business model that not only enhances the way OPTIZMO clients do business but drives the company forward. The company is headquartered in Austin, TX, and has offices and team members in Charleston, Denver, and Brisbane, Australia.

    Media Contact:
    Antonio Jones
    Marketing Manager
    antonio@optizmo.com

    Tom Wozniak
    Chief Operations Officer
    tom@optizmo.com

    The MIL Network

  • MIL-OSI: Converge Selects Infinera’s 1.2T ICE7

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that Converge ICT Solutions Inc. (PSE: CNVRG), the leading fiber broadband and technology solutions provider in the Philippines, selected Infinera as its submarine line terminal equipment (SLTE) vendor for the fiber pairs over which Converge has been granted an Indefeasible Right of Use (IRU) on the Bifrost Cable System, using Infinera’s industry-leading GX Series Compact Modular Platform and its next-generation high-performance 1.2T ICE7 optical engine.

    Additionally, Converge will use Infinera’s solutions to modernize its nationwide terrestrial fiber network across the Philippines.

    Keppel and Converge have entered into agreements for the grant of an IRU to Converge for one fiber pair on the main trunk and the entire Davao branch of the Bifrost Cable System. Developed by Keppel, Meta, and Telin, the Bifrost Cable System is an end-to-end trans-Pacific cable system spanning over 15,000 km, connecting the west coast of North America via Guam with the Philippines, Indonesia, and Singapore. Converge is also the landing party for the Davao branch segment of the Bifrost Cable System and owns the cable landing station in Davao, located in the southern Mindanao region.

    Converge is the fastest-growing fiber broadband and Information and Communications Technology (ICT) solutions provider in the Philippines, with total fiber assets extending over 70,000 kilometers. It operates the biggest fiber-to-the-home network in the country, with total homes passed reaching 16 million.

    Converge selected Infinera’s solution based on Infinera’s proven track record in subsea networking with industry-leading reach and capacity performance. Leveraging Infinera’s subsea solution will enable Converge to monetize its fiber assets by delivering the highest capacity at the lowest cost over ultra-long distances.

    Once deployed, Converge will benefit from the industry’s latest generation of advanced high-speed optics and 5-nm technology, enabling single wavelengths of up to 1.2T and improved capacity-reach. Infinera’s solution provides Converge with an operationally seamless solution including advanced spectrum sharing capabilities in a single platform that supports both ICE7 transponders and next-generation optical line system (OLS) capabilities.

    “We are excited to leverage the latest generation of Infinera’s technology for our terrestrial and subsea cable assets. Infinera provides the most advanced subsea networking solution with industry-leading capabilities including advanced power management,” said Dennis Anthony Uy, CEO and Co-Founder of Converge. “Leveraging Infinera’s innovative solution, Converge will be able to effectively scale to meet rapidly growing bandwidth demands across the Philippines and the entire Asia-Pacific region.”

    “By selecting Infinera’s ICE7 as the SLTE for the fiber pairs utilized by Converge in the Bifrost Cable System and to modernize its terrestrial backbone, Converge will benefit from the industry’s latest technology, enabling them to provide their customers with access to cost-effective, high-performance, and high-capacity services,” said David Heard, CEO at Infinera. “We are pleased to have been selected for the company’s growth and expansion, which underscores the value of Infinera’s innovative optical engine solutions and expertise in deploying critical networks globally.”

    Contacts:

    Infinera Media:
    Anna Vue
    Tel. +1 (916) 595-8157
    avue@infinera.com

    Converge Media:
    Jay-Anne Encarnado
    VP and Head of Corporate Communications and Public Relations
    corpcomm@convergeict.com   

    Infinera Investors:
    Amitabh Passi, Head of Investor Relations
    Tel. +1 (669) 295-1489
    apassi@infinera.com

    Converge Investors:
    Owen Ocampo
    VP and Head of Investor Relations
    Investor.relations@convergeict.com

    About Converge ICT Solutions
    Converge Information and Communications Technology Solutions, Inc. (PSE:CNVRG) is the fastest-growing fixed broadband service provider in the Philippines. It is the first to run an end-to-end pure fiber internet network in the country, providing Filipinos simple, fast, and reliable connectivity. Aside from broadband services, Converge also offers integrated data center and network solutions services. With over 70,000 kilometers of fiber optic assets nationwide, it has one of the most extensive fiber networks in the Philippines. With this fiber-powered network, Converge provides premium world-class digital experience for residential, enterprise, and wholesale customers. Go to https://www.convergeict.com for more information.

    About Infinera
    Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit http://www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.

    Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

    This press release contains forward-looking statements, including but not limited to the operational, performance and financial benefits of Infinera’s GX Series Compact Modular Platform and its ICE7 optical engine. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended June 29, 2024 as filed with the SEC on August 2, 2024, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at http://www.infinera.com and the SEC’s website at http://www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

    The MIL Network

  • MIL-OSI: Baker Hughes Lands Largest Integrated Compressor Line Order in Company’s History

    Source: GlobeNewswire (MIL-OSI)

    • Baker Hughes Integrated Compressor Line (ICL) technology to enhance gas swing storage capacity as part of the United Arab Emirates decarbonization strategy
    • Scope includes 10 ICL units to be installed at Margham Gas storage facility in the Emirate of Dubai

    HOUSTON and LONDON, Oct. 08, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to enhance the reliability of energy supply and support local decarbonization efforts. The order was booked in the third quarter of 2024.

    The 10 ICL units – five for gas storage and five for dual-use injection boosting or gas export to the existing gas distribution system – will be installed at the Margham Gas storage facility in Dubai, significantly increasing its capacity. Through the adoption of the ICL technology, the project aims to achieve a high-reliability system with reduced emissions. The project will provide stability to Dubai’s energy supply by strengthening the system’s ability to switch between natural gas and solar power.

    “Our innovative ICL technology is set to be critical to support the gas infrastructure needed to address Dubai’s increasing expansion of renewables into its energy mix,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. “This landmark order underscores the proven track record we have built in the market for our low-carbon solutions, and we are grateful to DPE for their continued commitment and trust as they deliver sustainable energy development.”

    With already three ICL units successfully in operation since 2020, DPE’s decision to continue working with Baker Hughes is a testament to the performance and reliability of the installed technology. With zero seal leakages and minimal downtime required for maintenance, Baker Hughes’ ICL technology continues to solidify its position as a highly sought-after option in the market. The latest award from DPE continues the positive order momentum for this technology and follows awards for different applications in projects across Italy, Germany, Argentina and the United States.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner, and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Media Relations
    Chiara Toniato
    +39 3463823419       
    chiara.toniato@bakerhughes.com

    Investor Relations:

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network

  • MIL-OSI: First Orion, TNS and TransUnion Partnership Launches Branded Calling with Logos for Enterprises

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Oct. 08, 2024 (GLOBE NEWSWIRE) — First OrionTransaction Network Services (TNS), and TransUnion (NYSE: TRU) today announced the availability of branded calling with logos across the top three U.S. wireless carriers. The partnership ensures branded calls with rich content are verified with end-to-end authentication, providing a secure method to help prevent call spoofing. With the addition of logo delivery to the portfolio of rich content, the partnership expects a continued increase in secure branded calling adoption before the end of 2024.

    In a joint statement at Mobile World Congress, the companies said, “Despite the many digital communication channels available, the phone call is the preferred channel for addressing personal, complex, and high-value business situations. Companies must consider leveraging the benefits of authenticated branded calling to build long-term brand affinity and improve engagement. This becomes even more vital to financial service firms that have experienced a dramatic uptick in fraudulent activity, which can negatively impact their brand and customers.”

    Branded calling enables enterprises to add rich content to the mobile display, including name, number, and now, logo, along with a secure end-to-end authentication and verification framework, to ensure calls are not spoofed. The solution is essential for promoting businesses, establishing consumer trust, and increasing engagement while protecting brands and consumers from fraud.

    After two years of close collaboration, the partnership continues to advance innovation and adoption, most recently achieving industry milestones, including:

    • Branded calling adoption by more than 4,500 U.S. businesses, including 15 percent of Fortune 500 companies
    • Delivering more than 3.7 billion branded calls this year, on track to reach five billion by the end of 2024
    • Shared network coverage, including more than 300 million consumers
    • Registering more than 250,000 businesses and 22 million phone numbers

    According to Juniper Research, robocall scams could cost consumers $73 billion this year, and “the implementation of frameworks such as STIR/SHAKEN, and mass rollout of branded calling solutions, are expected to significantly impact criminals’ operations.” Already working in lockstep with this guidance, the partnership is responsible for establishing the industry standards that helped introduce branded calling to the U.S. marketplace.

    With the addition of logos and nationwide coverage across the top three wireless carriers in the U.S., a mass branded calling rollout is already underway, with expectations to continue to reach more businesses and consumers over time.

    About First Orion
    Since 2008, First Orion has transformed the phone call experience for businesses, carriers and consumers through its industry-leading communication branding and protection solutions. As the market leader in branded calling, First Orion is a trusted partner to Fortune 500 companies and the largest U.S. mobile carriers. The global telecommunications solutions provider helps businesses generate more revenue, increase efficiency, and improve the customer experience by empowering them to brand their phone calls with their name, logo and reason for calling. First Orion also provides the industry’s most secure calling experience and best-in-class analytics for call program optimization. For more information, visit firstorion.com.

    About Transaction Network Services (TNS)
    TNS, a market leader in call identification and robocall mitigation, provides an end-to-end ecosystem for protecting and restoring trust in voice calling. TNS addresses the full needs of wireless and wireline operators globally with TNS Call Guardian®, the industry-leading call analytics solution that protects subscribers from high risk and nuisance robocalls. In addition, its Enterprise product suite, including TNS Enterprise Authentication and Spoof Protection and TNS Enterprise Branded Calling, is taking the next step in enriching consumer engagement, making the voice channel an integral part of an omnichannel customer experience program. TNS analyzes over 1.5 billion call events across more than 500 operators every single day, enabling enterprises to protect their brand and consumers, and carriers to identify more unwanted robocalls. For additional information visit: https://tnsi.com/resource-center/communications/.

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

    Learn more about TransUnion Branded Call Display (BCD).

    Media/PR Contacts:

    First Orion Media Relations
    Lucie Pathmann
    Lpathmann@firstorion.com
    501-772-6108

    TNS Media Relations
    Brian Lustig
    202-836-9112
    tns@bluetext.com 

    TransUnion Media Relations
    Dave Blumberg
    david.blumberg@transunion.com
    312-972-6646

    The MIL Network

  • MIL-OSI: Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Oct. 08, 2024 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter financial results in a press release that will be issued on Wednesday, November 6, 2024, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, November 7, 2024.

    To join the call, please dial +1-646-960-0440, approximately 15 minutes prior to the scheduled start of the call. The access code for the call is 2705841. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a live webcast which will be hosted on the Investor Relations section of the Company’s website.

    A replay will be available one hour after the end of the conference call. To access the replay, please dial +1-647-362-9199. Please use the replay access code 2705841. The webcast will also be archived on the Investor Relations section of the Company’s website.

    ABOUT ORMAT TECHNOLOGIES

    With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,200 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,420MW with a 1,230MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 190MW energy storage portfolio that is located in the U.S.

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

    The MIL Network

  • MIL-OSI: Airloom Energy Announces $13.75M Financing to Accelerate Development of Pilot in Wyoming

    Source: GlobeNewswire (MIL-OSI)

    LARAMIE, Wyo., Oct. 08, 2024 (GLOBE NEWSWIRE) — Airloom Energy, the company unlocking the next generation and full potential of wind power, has secured $7.5 million in financing led by Lowercarbon Capital with participation from Breakthrough Energy Ventures, WYVC, Crosscut Ventures, WovenEarth Ventures, Adiuvans, and the Kutnick Family Office to support its vision of revolutionizing wind energy generation. The company also secured $5 million in Energy Matching Funds from the State of Wyoming and a $1.25M non-dilutive contract from the U.S. Department of Defense.

    The new funding will support the development of a pilot in Wyoming to prove out power production and system efficiency, while demonstrating that Airloom can build wind for one-third the cost of conventional horizontal-axis turbines. The company will break ground on the project in the summer of 2025.

    Just as Horizontal-Axis Wind Turbines (HAWTs) continue to grow in size and complexity, continued cost reductions are hindered by interest rates and supply chain issues. Airloom takes a fundamentally different approach with its simple, mass-manufacturable design that enables higher energy density and a smaller visual footprint without the massive infrastructure that conventional turbines require.

    More efficient, easier to deploy wind technology has been a goal for decades, but previous efforts haven’t succeeded in displacing HAWTs because they didn’t have the right combination of high energy production, low capital costs, and system sturdiness. Airloom solves this with a robust, scalable system architecture that is engineered to withstand the harsh and dynamic conditions wind turbines are exposed to. In addition, Airloom is engineered to utilize common materials, automated manufacturing, and existing transportation networks. The resulting system is not only built to wind industry engineering standards, but achieves exceptional power production at low-cost.

    “As global demand for renewable energy increases, Airloom’s technology offers a breakthrough in reducing the Levelized Cost of Energy (LCOE) while addressing the supply chain challenges that have long hindered the wind sector,” said Neal Rickner, CEO of Airloom. “With a focus on efficiency, scalability, and sustainability, Airloom is positioned to become a key player in the future of renewable energy.”

    The Airloom team includes industry veterans from Google X, Boeing, GE, Vestas, Gulfstream, DNV GL, and more. Rickner previously served as COO of Makani, a next-generation wind turbine company owned by Alphabet and Shell.

    As Airloom builds its first-of-a-kind pilot project, it has opened dialogue with wind developers, asset owners, and power producers to explore partnerships for its next projects. The company is building a coalition of industry players and early adopters who will get early access as Airloom begins to scale. If you are an interested company or would like to learn more, please visit http://www.airloom.energy.

    About Airloom Energy

    Airloom Energy is developing a new generation of renewable energy technology designed to unlock the full potential of wind power. Airloom’s turbines are more efficient, can be mass manufactured, and deployed just about anywhere. Backed by leading investors, Airloom is on a mission to disrupt the wind energy industry and accelerate the global energy transition. To learn more follow Airloom on LinkedIn @airloomenergy, visit the website http://www.airloom.energy, or reach out directly: info@airloom.energy  

    About Lowercarbon Capital

    Lowercarbon Capital is a multibillion dollar venture capital firm founded by Chris and Crystal Sacca that backs kickass companies making real money slashing CO2 emissions, sucking carbon out of the sky, and buying us time to heal the planet. For more information, visit http://www.lowercarboncapital.com.

    About Breakthrough Energy Ventures

    Breakthrough Energy Ventures is a purpose-built investment firm that partners with, launches, and scales global companies that are building an emissions-free global economy. We seek true breakthroughs and are committed to supporting these entrepreneurs and companies by bringing to bear a unique combination of technical, operational, market, and policy expertise. Backed by many of the world’s top business leaders, companies, and investors, Breakthrough Energy Ventures has raised more than $3.5 billion in committed capital and partnered with more than 110 groundbreaking companies. Breakthrough Energy Ventures is the venture capital arm of Breakthrough Energy, a global network of climate leaders committed to accelerating the world’s journey to a clean energy future. The organization funds breakthrough technologies, advocates for climate-smart policies, and mobilizes partners around the world to take effective action, accelerating progress at every stage. Visit Breakthrough Energy Ventures to learn more.

    About WYVC

    Utilizing federal funds provided by the U.S. Treasury’s State Small Business Credit Initiative (SSBCI), the Wyoming Business Council launched Wyoming Venture Capital (WYVC) in April 2023. Designed to support the innovation and growth needs of founders across the state, WYVC is an equity financing option for Wyoming high-growth companies with an eye toward future exit.

    WYVC utilizes two investment strategies – the Direct Strategy and the Funds Strategy – to support the growth of Wyoming startups. The program targets contributing 20% to selected funds or companies’ fundraising rounds. Ultimately, both strategies are designed to support in-state companies and to help bridge the early gaps in startup equity funding.

    Contact:

    Neal Rickner, CEO
    neal@airloom.energy
    858-254-2246

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a8911e47-61c1-4b45-bec0-4a18505f232d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/725e62b4-c946-40a9-a36f-936ec4993c49

    https://www.globenewswire.com/NewsRoom/AttachmentNg/06018e8c-9348-4461-bdad-d484285e5f31

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8958f274-14c9-41c4-abc0-f875c307afe3

    The MIL Network

  • MIL-OSI: Tanjea Introduces Exciting New Match-3 Game Update to iOS Version of “Race to Riches”

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 08, 2024 (GLOBE NEWSWIRE) — Boba Mint Holdings Ltd. (CSE: TNJ) (“Boba” or the “Company”) is excited to announce a major update to its flagship mobile gaming platform, Tanjea. The popular iOS game Race to Riches, developed under the Tanjea ecosystem, now features an exciting Match-3 game mode where players can collect TNJ tokens by matching colorful Jea eggs, reminiscent of fan-favorite games like Candy Crush. With multiple levels designed to challenge and engage, this new feature offers endless hours of fun and strategy for players.

    This addition means that similar to Android users, iOS users now have access to two dynamic games within the Tanjea app: the Match-3 Jea egg collector and the classic endless runner combat game. Whether players are looking for fast-paced action or more strategic puzzle-solving, Tanjea now offers multiple ways to keep gamers engaged.

    “We’re always looking for ways to innovate and improve our platform for players,” said Rody Lazar, CEO of Boba. “With the addition of the Match-3 game, we’re excited to offer even more variety, ensuring there’s something for every type of player in Tanjea: Race to Riches.”

    Testnet Token Integration

    As part of this major update, Tanjea is preparing to introduce testnet tokens within the app. This feature will allow players to test the withdrawal feature of TNJ tokens before the integration of the real token, offering an early preview of how the in-game economy will function. This is a critical step toward ensuring smooth and secure token transactions when the official TNJ token is fully implemented.

    “We want our community to feel confident and excited about the integration of TNJ tokens, so allowing them to experience it on the testnet first is an important milestone,” added Rody Lazar. “It’s a chance for our players to get comfortable with the system and provide feedback before we roll out the full integration.”

    Players can download the latest version of Tanjea: Race to Riches today on the iOS App Store, with the new Match-3 game mode now live. Stay tuned for more exciting updates, including the upcoming TNJ token integration.

    About Boba Mint Holdings Ltd.

    Boba Mint Holdings Ltd. is focused on the development of blockchain mobile games that integrate ERC20 tokens and ERC721 NFTs. Its primary product is a mobile blockchain gaming ecosystem called Tanjea, where gamers collect NFT characters (primarily birds and wolves) in multiple mobile games and use them to earn $TNJ tokens.

    Boba Mint is a pioneering blockchain gaming company dedicated to creating immersive, decentralized gaming experiences. Boba Mint has become synonymous with innovation and excellence in the blockchain gaming industry.

    On Behalf of the Board of Directors,
    Boba Mint Holdings Ltd.
    “Rody Lazar” CEO

    For further information, please contact:
    Rody Lazar – CEO
    Phone: 1-800-556-1015
    Email: info@bobamint.com

    Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for this release’s adequacy or accuracy.

    Forward-Looking Statements

    This news release contains statements that constitute “forward-looking statements”. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Boba’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Such statements include those relating to game development and the Company’s expectations and plans. Although Boba believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

    Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments in the blockchain sector; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mobile video game industry and markets in Canada and generally; the ability of Boba to implement its business strategies; competition; and other assumptions, risks and uncertainties. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. The foregoing statements expressly qualify any forward- looking information contained herein. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Risk Factors” in Boba’ Form 2A Listing Statement dated April 19, 2024 which is available on Boba’s profile at http://www.sedarplus.ca and on the CSE website at https://thecse.com/listings/boba-mint-holdings- ltd/.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy, and shall not constitute an offer, solicitation or sale in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction.

    We seek Safe Harbor.

    The MIL Network

  • MIL-OSI: Enphase Energy Announces Conference Call to Review Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that it will host a conference call and webcast on Tuesday, Oct. 22, 2024 at 4:30 p.m. Eastern Time to discuss its third quarter 2024 financial results for the period ended Sept. 30, 2024. The live webcast can be accessed on the Enphase Energy Investor Relations website at investor.enphase.com, and a recorded version of the call will also be available there approximately one hour after the call.

    What: Enphase Energy’s Third Quarter 2024 Financial Results Earnings Conference Call and Webcast
       
    Date:  Tuesday, Oct. 22, 2024
       
    Time: 4:30 p.m. Eastern Time
       
    Live Call: 833.634.5018
       
    International:  +1.412.902.4214
       
    Replay: United States: 877.344.7529
      International: +1.412.317.0088
      Canada: 855.669.9658
      Replay access code: 2677879
       

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 76.3 million microinverters, and over 4.3 million Enphase-based systems have been deployed in more than 150 countries. For more information, visit https://enphase.com/.

    © 2024 Enphase Energy, Inc. All rights reserved. Enphase, the “e” logo, and certain other names and marks are registered trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Contact:

    Zach Freedman
    Enphase Energy, Inc.
    Investor Relations
    ir@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: Asset Entities Announces New Episode with Miami Hurricanes Michael “The Playmaker” Irvin and Sandy “The Hammer” Jack on “The Lounge” Podcast

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 08, 2024 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and Ternary Payment Platform company, today announced their next episode on the Lounge featuring former National Champion Miami Hurricanes, Michael Irvin and Sandy Jack.

    This episode will feature Irvin and Jack, who discuss their journey as teammates at the University of Miami, playing football for famed head coach Jimmy Johnson, winning a national championship with the Hurricanes, and other life lessons. “The Lounge” is hosted by well-known TikToker, Kyle Fairbanks, who also serves as the Executive Vice Chairman and Chief Marketing Officer for Asset Entities. The Lounge can be viewed on its YouTube channel @TheAELounge.

    It is an exciting time for the University of Miami and the Hurricanes Football team as they are now undefeated at 6-0 and received national notoriety in recent weeks for their come-from-behind wins against Virginia Tech and Cal (University of California at Berkley) in the last seconds of both of those games.

    Michael Irvin and Sandy Jack both played their entire NCAA Division 1 Football careers at the University of Miami. Michael Irvin went on to play his entire 12-year professional career for the Dallas Cowboys and was inducted into the Pro Football Hall of Fame in 2007, while Sandy Jack pursued a graduate degree by attending the Georgetown University Law Center in Washington, D.C., obtaining his Juris Doctorate and becoming an attorney in the State of Florida. Irvin and Jack, while playing for the Hurricanes, won an NCAA Division I National Championship in 1988 playing for Coach Jimmy Johnson.

    Irvin was nicknamed “the Playmaker” due to his incredible ability to make big plays in big games during his pro and college careers. An Emmy Award-winning Sports Analyst, Irvin also serves as a consultant to Asset Entities in the area of Sports and Entertainment.   You can watch Michael as an NFL analyst on Fox’s FS1 sports show, “Speak,” which is on weekly at 4:00 p.m. CST.

    To visit “The Lounge,” go to @TheAELounge on YouTube. To learn about Asset Entities Inc., please go to http://www.assetentities.com. To learn about Ternary, please go to http://www.ternarydev.com. To learn about the AE.360.DDM suite of services, please go to http://www.ae360.com and https://discord.gg/ae360ddm.

    Caption: Sandy Jack on the left, Michael Irvin on the right.

    About Asset Entities, Inc. 
    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    Important Cautions Regarding Forward-Looking Statements

    This press release contains forward-looking statements. In addition, from time to time, representatives of the Company may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from the information currently available to the Company. Such forward-looking statements relate to future events or the Company’s future performance, including its financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. Forward-looking statements can be identified by those statements that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors including those that are described in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

    Company Contacts:

    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117
    Email Contact

    Investor Contact:
    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    The MIL Network

  • MIL-OSI: Electrify Expo Returns to New York, Anticipating Thousands to Feel the Thrill of Going Electric

    Source: GlobeNewswire (MIL-OSI)

    • The festival is making its return to Nassau Coliseum and will cover over 1 million square feet of outdoor space
    • General Motor Company (GMC) will make its Electrify Expo debut with its HUMMER EV and Sierra EV Denali alongside Tesla, Volvo, Ford, Rivian, Lucid, Toyota, Porsche, Lexus, Nissan and more
    • Tesla Cybertruck drive experiences will be available on both Saturday and Sunday
    • With multiple demo zones for e-bikes, e-scooters, e-skateboards and more plus live music, food and fun, attendees of all ages will have a thrilling weekend
    • Festival hours are 10 a.m. to 5 p.m. Saturday, October 12 and Sunday, October 13, tickets can be purchased online and in person

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) festival, continues its eight-city tour, returning to New York for an action-packed weekend at Nassau Coliseum in Long Island. On October 12-13, the coliseum will transform into a 1 million square feet of all-electric fun with immersive experiences for all ages centered around the rapidly evolving world of electric and hybrid vehicles. The event will feature hands-on experiences with the latest in electric cars and trucks, e-bikes, e-scooters, motorcycles, and more and is designed for everyone, from EV skeptics to advocates, tech lovers, and EV-curious families wanting to explore the future of transportation.

    As electric vehicles gain popularity, Electrify Expo is the perfect opportunity for New Yorkers to experience nearly all the electric brands and options on the market. As of 2023, NY is in the top 3 US markets for EV adoption, with a significant portion of them located in the Long Island area. In addition to cars, electric two-wheeled vehicles (micro-mobility) are immensely popular in the area, with many residents using e-bikes as their primary means of transportation.

    “New Yorkers are leading the way for electric transportation of all kinds, from cars to bikes to scooters and more, and we are excited to bring our festival back to Long Island to thrill and surprise thousands of attendees, and give people real-world, hands-on experiences during their shopping process” said BJ Birtwell, CEO and founder of Electrify Expo. “We continue to add the most exciting EV brands in the industry including the debut of GMC to our exhibitor lineup alongside Tesla, Volvo, Ford, Lucid, Rivian, Porsche, Lexus, Toyota, Nissan and Ford. Add the many two-wheel brands available to demo, huge Kids Zone, E Charging and Solar brands, as well as the final race of our National Championship for Electrify Race League, and you have a jam-packed weekend of all-electric fun for all ages.”

    Special Attractions for New York:

    • GMC will make its Electrify Expo debut with demos of the HUMMER EV and Sierra EV Denali.
    • Attendees can experience the thrill of the Tesla Cybertruck behind the wheel as they take on the streets of Long Island throughout the weekend-long festival.
    • The Amazon Recharge Zone will address frequently asked questions pertaining to purchasing an EV, as well as debunking EV myths, through a full weekend of programming.
    • Go SIM racing with Nissan, as well as experience their Formula E race car
    • Electrify Showoff, a custom car show within the festival will ​​feature the world’s most radical customized EVs and inspire Electrify Expo attendees with ideas of how they can customize their own rides.
    • The Volvo Cars Drive Electric Zone offers attendees a thrilling closed-course experience to immerse into incredible performance, handling and safety features of their lineup.

    Whether you crave the rush of a high-performance demo or the ease of a street cruise, Electrify Expo is your go-to destination to experience and demo all things electric, including:

    • Ford: Mustang Mach-E and F-150 Lightning
    • GMC: HUMMER EV, Sierra EV Denali
    • Lexus: 2024 RZ 450e, 2024 RX 450h+, 2024 NX 450h+, 2024 TX 550h+
    • Lucid: Air models
    • Nissan: ARIYA, LEAF
    • Porsche: Taycan
    • Rivian: R1T, R1S, R2, R3
    • Tesla: Cybertruck, Model S, Model 3, Model X, Model Y
    • Toyota: Grand Highlander Hybrid, Prius Prime, RAV 4 Prime, bZ4X, SiriusXM (Sienna HV)
    • Volvo: EX30, C40 Recharge, XC40 Recharge, EX90

    In addition to automakers, New York attendees will be treated to an exciting lineup of e-bikes, e-scooters, and other micromobility offerings from top brands on two and four wheels, including:

    • SUPER 73
    • GoTrax Bikes + Scooters
    • Stacyc
    • JackRabbit
    • Stromer
    • Gazelle
    • Tripper
    • Tern
    • and many more

    For a full brand lineup, visit https://www.electrifyexpo.com/ny.

    Electrify Expo gates will open at 10 a.m. on Saturday and Sunday, October 12-13, with a full day of fun concluding at 5 p.m. each day. Tickets for Electrify Expo are available to purchase in person and online.

    For more information and to purchase tickets to Electrify Expo visit http://www.electrifyexpo.com. Media interested in attending may request credentials by emailing ee@skyya.com.

    About Electrify Expo
    Electrify Expo is North America’s largest outdoor electric vehicle (EV) festival showcasing the latest technology and products in electrification including startup and legacy EVs, electric motorcycles, bikes, scooters, skateboards, boats, surfboards and more. The festival addresses one of the most challenging barriers to mass adoption of electric vehicles – understanding how electric transportation works – with meaningful consumer experiences behind the wheel or in the seat on thrilling demo courses. Top brands from around the world exhibit and attend Electrify Expo’s events to meet consumers at all stages on their path to electrification. 2024 events will take place in Long Beach and San Francisco, Calif., Phoenix, Denver, New York, Seattle, Orlando, and Austin, Texas. To stay up to date on the latest news and announcements from Electrify Expo, visit http://www.electrifyexpo.com and follow on Twitter, Facebook and Instagram.

    Media Contact
    Skyya PR
    ee@skyya.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/60f9a6c3-8b5c-4fa8-a97a-2039b0750fa4

    The MIL Network

  • MIL-OSI: Silicon Motion Announces Preliminary Third Quarter 2024 Revenue and Earnings Conference Call Details

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and MILPITAS, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary third quarter financial results, sequential revenue growth is expected to be above the midpoint of its original guidance range of $205 million to $216 million, which the company issued on August 2, 2024. Gross margin (non-GAAP) is expected to be in the upper half of the company’s original 46.0% to 47.0% guidance range.

    The Company will release its third quarter 2024 financial results after the market closes on October 30, 2024, and will host a conference call on October 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call.  

    CONFERENCE CALL DETAILS:

    Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

    Participant Online Registration:
    https://register.vevent.com/register/BI3e5d77077ee94ca9b9fd61325f52a0e9

    This call will be webcasted on the Company’s website at http://www.siliconmotion.com.

    ABOUT SILICON MOTION:

    We are the global leader in supplying NAND flash controllers for solid state storage devices.  We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications.  We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at http://www.siliconmotion.com.

    FORWARD-LOOKING STATEMENTS:

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2024. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this press release.

    Investor Contacts:          
    Tom Sepenzis Selina Hsieh
    Senior Director of IR & Strategy Investor Relations
    tsepenzis@siliconmotion.com ir@siliconmotion.com

    The MIL Network

  • MIL-OSI: Mattermost Appoints Dr. Bill Anderson as Principal Product Manager to Lead Innovation in Secure Communications and Emerging Technologies

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Mattermost, Inc., a leader in delivering the secure, real-time collaboration and workflow tools that modern defense, security and intelligence teams need to maintain command, control, and operational tempo, is excited to announce the appointment of Dr. Bill Anderson as Principal Product Manager. With a distinguished career in public and private security companies, Bill will drive Mattermost’s innovation in cutting-edge technology sectors such as AI, quantum cryptography, and secure communications. His leadership is expected to attract new collaborations, particularly with the U.S. Department of Defense (DoD) and the Intelligence Community (IC), and foster discussions around Small Business Innovation Research (SBIR) and other federal innovation projects.

    Dr. Anderson holds a Doctorate in Electrical Engineering from the University of Waterloo, specializing in cryptography, and brings more than two decades of experience to Mattermost. Bill’s proven ability to innovate and secure information in complex critical infrastructure environments makes him an ideal addition to the Mattermost team as the company continues to push the boundaries of secure collaboration.

    “We are thrilled to have Bill on board as Principal Product Manager,” said Ian Tien, CEO of Mattermost. “His extensive experience in security technologies will play a vital role in advancing our product offerings and forging new alliances within the DoD and IC. Bill is not only an innovator but also a visionary in the field of secure communications, and his insights will help Mattermost drive meaningful progress in security and national defense innovation.”

    Prior to joining Mattermost, Bill served as President of CIS Secure where he introduced a successful secure mobile platform solution for U.S. and international government defense and intelligence use. He is also well known as the founder of Oculis Labs, an innovative data-in-use security company that served both the DoD and the IC, and which he led through a successful acquisition by OptioLabs. As a leader at OptioLabs, Bill first served as Chief Product Officer and later as CEO, where he introduced groundbreaking security solutions for Android devices.

    Dr. Anderson has also held executive roles at SafeNet Inc., Aether Systems, and Certicom, where he managed highly successful cryptography and communications product lines, including pioneering work in elliptic curve cryptography. His leadership extends to his role as Vice Chairman of the Maryland Technology Development Corporation (TEDCO) board of directors, where he supported early-stage technology investments.

    Dr. Anderson holds multiple patents, including innovations in computer display privacy and secure information systems. His patented technologies focus on physically securing information on computer monitors, using advanced facial recognition and privacy control mechanisms to ensure that sensitive data is only visible to authorized users.

    “I’m excited to join Mattermost and contribute to its mission of securing communications for organizations with the highest security demands,” said Dr. Bill Anderson. “This is an exciting time in technology, with the rapid advancement of AI, quantum cryptography, and secure collaboration solutions. I look forward to working with Mattermost to bring new, innovative solutions to market, particularly for the DoD and IC, where the need for secure, cutting-edge technology is paramount.”

    Bill’s experience in working with the U.S. government and commercial sectors positions him to bridge the gap between technology development and national security needs. His role will be instrumental in driving the adoption of Mattermost’s solutions within federal agencies and fostering partnerships around innovation projects.

    About Mattermost

    Mattermost is the leading collaboration and workflow platform for mission-critical work. We serve national security, government, and critical infrastructure enterprises, from the U.S. Department of Defense, to global tech giants, to utilities, banks, and other vital services. We accelerate out-of-band incident response, DevSecOps workflow, mission operations, and self-sovereign collaboration to bolster the focus, adaptability, and resilience of the world’s most important organizations. 

    Our enterprise software and single-tenant SaaS platforms are built to meet the custom needs of rigorous and complex environments while offering a secure and unrivaled collaboration experience across web, desktop, and mobile with channel-based messaging, file sharing, audio calling and screen share, with integrated tooling, workflow automation and AI assistance. 

    Mattermost is developed on an open core platform vetted by the world’s leading security organizations, and co-built with over 4,000 open source project contributors who’ve provided over 30,000 code improvements towards our shared vision of accelerating the world’s mission-critical work. 

    For more information visit mattermost.com. 

    The MIL Network

  • MIL-OSI: HSBC Continental Europe: Pre Stabilisation Notice

    Source: GlobeNewswire (MIL-OSI)

    PARIS, Oct. 08, 2024 (GLOBE NEWSWIRE) —

    Banque Fédérative du Crédit Mutuel
    (“BFCM”)

    Pre Stabilisation Notice

    HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities

    The securities:
    Issuer: Banque Fédérative du Crédit Mutuel (“BFCM”)
    Guarantor (if any): na
    Aggregate nominal amount: EUR Benchmark
    Description: Fixed rate due 17th October 2031
    Offer price: TBC
    Other offer terms:  
    Stabilisation:
    Stabilising Manager(s): HSBC Continental Europe, CIC, Société Générale and UBS
    Stabilisation period expected to start on: 8th October 2024
    Stabilisation period expected to end no later than: 15th November 2024
    Existence, maximum size & conditions of use of over-allotment facility[1]: 5% of the aggregate nominal amount
    Stabilisation Venue(s) Over the counter (OTC)
       

    In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Regulation (EU) 2017/1129 (the “Prospectus Regulation”) (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.

    This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

    This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

    _____________________________________

    [1] Please note that the existence and the maximum size of any greenshoe option, the exercise period of the greenshoe option and any conditions for exercise of the greenshoe option must also be disclosed, if such option exists. In addition, the exercise of the greenshoe option must be disclosed to the public promptly, together with all appropriate details, including in particular the date of exercise and the number and nature of securities involved 

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com.

    The MIL Network

  • MIL-OSI: CN and Duos Technologies Sign Five Year Strategic Agreement 

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (Nasdaq: DUOT) is pleased to announce a new five-year agreement signed with CN (NYSE: CNI) that will enable Duos to offer Machine Vision/AI Wayside Detection Safety Data through a subscription service. For more than five years, CN has used Machine Vision/AI Wayside Detection technology along its network in Canada and the United States. CN has been using this solution to complement current manual inspections, helping maintain its fleet with more efficiency, leading to a safer and more reliable railway.

    Duos is the inventor of the Railcar Inspection Portal and holder of ten active U.S. Patents of this cutting-edge solution making continual technical advances since 2010 with 13 portals deployed in Canada, Mexico, and the United States supporting four Class 1s and Amtrak.

    Late last year, Duos and Amtrak began a pilot program to test the subscription concept for images. Amtrak’s long-distance passenger trains are scanned, and the machine vision images are sent in real time to Amtrak mechanical inspectors who have used the data with excellent results during the testing period.

    Beginning this month, Duos will offer shippers and car owners that transit the CN network the opportunity to subscribe to this cutting-edge machine vision safety data. This safety information can be used in various ways to include predictive maintenance, trend analytics, and overall fleet health and maintenance.   The intent is to have better maintained railcars that make the network safer and more productive for everyone.

    “Duos Technologies is honored to continue our long-standing support to CN,” said Chuck Ferry, CEO for Duos. “Duos has invested significant time and resources to prove out the Railcar Inspection Portal and we are pleased to be able to offer it to the many car owners and shippers that will benefit from it. Going forward we intend to further improve the solution and add additional cutting-edge capabilities with special emphasis on wheels and brakes.”

    “We are thrilled to strengthen our partnership with Duos Technologies through this new five-year agreement,” said Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer at CN. “By leveraging Duos’ technology, we are enhancing our inspection processes, ensuring better maintenance and health of our overall fleet through key data points and predictive analytics.”

    To stay up to date on Duos most recent developments or to learn more about the Duos story and its revolutionary technology platforms, be sure to follow here or sign up for email alerts here. For more information please contact DUOT@duostech.com or visit Duos website and social media channels: Website, LinkedIn, X.

    About Duos Technologies Group, Inc.

    Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation designs, develops, deploys, and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit http://www.duostech.com and http://www.duosedge.ai.

    Forward- Looking Statements
    This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: Lucinity and Facctum Partner for AI-Powered, Real-Time Watchlist Screening and Investigations

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 08, 2024 (GLOBE NEWSWIRE) — Lucinity, a leader in AI-driven financial crime investigation tools, and Facctum, a provider of watchlist screening technology, have announced a strategic partnership. This collaboration offers a seamless, end-to-end financial crime prevention solution by integrating Facctum’s real-time screening capabilities into Lucinity’s platform.

    By combining their strengths, Lucinity and Facctum will handle alerts across watchlist screening use cases including sanctions and PEP screening. Facctum’s flexible solution allows customers to configure their own watchlists or utilize third-party sources such as LSEG (WorldCheck), Dow Jones, Kharon, and many others, providing institutions with the agility needed to adapt to evolving compliance challenges.

    Key Benefits for Customers:

    • Regulatory Compliance: Integrating Facctum will provide customers with real-time updates to sanctions lists within 15 minutes – an industry-leading capability that helps institutions stay compliant with fast-changing regulatory requirements like SEPA Instant Payments.
    • Customizable Screening: Institutions can create custom watchlists or use external sources, reducing false positives and improving screening accuracy.
    • End-to-End Management with AI-Powered Efficiency: The integrated solution embeds watchlist screening into Lucinity’s Case Management platform, providing a comprehensive view of financial crime risks. With Luci, Lucinity’s AI copilot, screening results are analysed in real-time, offering suggestions and insights to speed up the review and decision-making process.
    • Real-time Decisioning and Automatic Payment Holds: Analysts can block or release transactions directly from the Lucinity interface as part of reviewing matches. Additionally, payments suspected of fraud are temporarily held, ensuring verification before processing.
    • Quick Integration and Deployment: Lucinity’s system-agnostic platform integrates seamlessly with various data sources and systems. Customers can quickly implement the joint solution and start seeing results without disrupting their existing workflows.

    Facctum’s advanced matching engines drastically reduce false positives, improving the efficiency of compliance processes. Additionally, the platform helps financial institutions stay ahead of regulatory changes, such as the SEPA Instant Payment Regulation, which requires screening as soon as possible after new EU sanctions are announced.

    Lucinity’s platform also reduces investigation times from three hours to just 30 minutes, delivering productivity gains that can save large banks up to $25 million annually. The combined solution offers immense productivity gains, cost savings, and faster compliance with rigorous regulatory requirements.

    “At Lucinity, we’ve always aimed to provide comprehensive solutions that simplify financial crime management for our customers,” said Udi, President and Chief Revenue Officer at Lucinity. “Our partnership with Facctum enables us to offer real-time screening alerts alongside fraud and AML monitoring and investigations, all within one platform. This allows institutions to remain compliant with rapidly changing regulations while efficiently managing investigations.”

    “Our partnership with Lucinity meets the growing demand for fast, accurate sanctions screening,” said KK Gupta, CEO of Facctum. “By integrating our solutions, we help financial institutions stay compliant and reduce the risk of costly penalties from regulators.”

    Contact

    celina@lucinity.com

    The MIL Network

  • MIL-OSI: Invesco Ltd: Form 8.3 – Centamin PLC; Public dealing disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Centamin PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    07.10.2024  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    Yes, AngloGold Ashanti PLC  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: Ordinary NPV JE00B5TT1872  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 21,152,041* 1.82      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 21,152,041* 1.82      
    *The change in the holding of 6,280 shares since the last disclosure on 18.09.2024 is due to the transfer out of a discretionary holding at 1.53 GBP.  
       
    All interests and all short positions should be disclosed.

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

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    Ordinary NPV JE00B5TT1872 Sale 491,319 1.46 GBP  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements, or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 08.10.2024  
    Contact name Philippa Holmes  
    Telephone number +441491417447  
       

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

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

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

    The MIL Network

  • MIL-OSI: Bread Financial Schedules Third Quarter 2024 Earnings Conference Call for Oct. 24

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, Oct. 08, 2024 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, Oct. 24, 2024, at 8:30 a.m. ET to discuss the company’s third quarter 2024 results.

    Conference Call/Webcast Information
    Participants can register in advance here, and the conference call will be available at the company’s investor relations website. Analysts planning to participate in the Q&A can register in advance here. Additionally, there will be several slides accompanying the webcast. Please go to the website at least 15 minutes prior to the call to register, as well as download and install any necessary software. The webcast will also be archived on the investor relations website.

    About Bread Financial® 
    Bread Financial® (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive suite of payment solutions that includes private label and co-brand credit cards and Bread Pay® buy now, pay later products. Bread Financial also offers direct-to-consumer products that give customers more access, choice and freedom through its branded Bread Cashback® American Express® Credit Card, Bread Rewards™ American Express® Credit Card and Bread Savings® products.    
         
    Headquartered in Columbus, Ohio, Bread Financial is powered by its approximately 7,000 global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit breadfinancial.com or follow us on Facebook, LinkedIn, X and Instagram.

    Contacts
    Brian Vereb — Investor Relations
    Brian.Vereb@breadfinancial.com

    Susan Haugen – Investor Relations
    Susan.Haugen@breadfinancial.com

    Rachel Stultz — Media
    Rachel.Stultz@breadfinancial.com

    The MIL Network

  • MIL-OSI: Draganfly Announces Board Update

    Source: GlobeNewswire (MIL-OSI)

    Advisory Board Welcomes Former White House Chief of Staff Andy Card and Kim Moody as Audit Chair

    Saskatoon, SK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce updates to its Board of Directors and Advisory Board. Olen Aasen is stepping down from the Draganfly Board, and Kim Moody has been appointed as the new Audit Chair. Additionally, Draganfly is welcoming back Andy Card, former White House Chief of Staff, to the Advisory Board.

    Andy Card, who previously served on Draganfly’s Board of Directors, is rejoining the Company as a member of its Advisory Board, brings decades of leadership experience. He served as White House Chief of Staff under President George W. Bush from 2000 to 2006, managing the Executive Office of the President and shaping U.S. policy during critical moments, including the September 11th attacks. Andy’s career also includes roles as U.S. Secretary of Transportation and Vice President of Government Relations for General Motors.

    “We are thrilled to welcome Andy back to the Draganfly team in this advisory capacity,” commented Cameron Chell, Draganfly CEO. “His leadership experience and trusted counsel have been critical to the Company’s growth, and we look forward to his continued insights as we drive innovation and expand our presence in the UAV industry.”

    Kim Moody has been appointed as the new Audit Chair, replacing Olen Aasen, who is stepping down to pursue new opportunities after servings as a director for over five years. Kim is the Founder of Moodys Private Client LLP, bringing extensive expertise in tax advisory, accounting, and financial governance. “On behalf of the Board and management, I would like to thank Olen for his exceptional service and contributions to Draganfly. We look forward to his continued advice when possible,” added Chell.

    New Committee Appointments

    • Julie Myers Wood, Chief Executive Officer at Guidepost Solutions, has been appointed as the head of the Compensation Committee. With over 25 years of experience in regulatory and enforcement issues, Julie brings a wealth of knowledge from her time as Assistant Secretary of Homeland Security for Immigration and Customs Enforcement (ICE) under President George W. Bush and her work in both public and private sectors.
    • Tim Dunnigan, CEO & President of MMS Products, Inc., and a retired U.S. Army Infantry Officer, will join the Audit Committee. Tim is a seasoned defense technology entrepreneur with a proven track record of developing leadership solutions for warfighters. He also holds multiple patents and has extensive experience supporting the Department of Defense.
    • Thomas B. Modly, former Acting Secretary of the Navy and Under Secretary of the Navy, will serve on the Audit and Nominating Committee. Throughout his career, Tom has focused on improving the agility and accountability of the Department of Defense. His vast experience in leadership, education, and defense operations and audit will be invaluable to Draganfly as it continues to grow in defense-related markets.

    Cameron Chell further commented, “With the addition of such seasoned leaders as Andy Card, Kim Moody, Tim Dunnigan, and Thomas B. Modly, our board brings an important level of defense and government expertise. This positions Draganfly to leverage our advanced drone technology in defense applications and address emerging challenges in national security. Their knowledge will guide us as we continue to innovate and expand our presence in these critical sectors.”

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations do business and serve their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

    For more information on Draganfly, please visit us at http://www.draganfly.com. For additional investor information, visit:

    CSE Listing
    NASDAQ Listing
    Frankfurt Listing

    Media Contact
    Email: media@draganfly.com

    Company Contact
    Email: info@draganfly.com

    The MIL Network

  • MIL-OSI: Stardust Power Secures Exclusivity to Negotiate Licensing Arrangement for Lithium Brine Concentration Technology from KMX Technologies

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Oct. 08, 2024 (GLOBE NEWSWIRE) — Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, and KMX Technologies, Inc. (“KMX”) announced that it has entered into a 90-day exclusivity period during which Stardust Power and KMX will negotiate the terms and conditions related to Stardust Power’s exclusive use of lithium brine concentration technology from KMX (the “Licensing Arrangement”). The transaction is subject to the negotiation and execution of definitive documentation and the parties’ mutual board approvals.

    This important technology would allow Stardust Power to potentially lower operating costs and capital expenditures across its supply chain, including at its 50,000 metric tons per annum battery-grade lithium refinery under development in Muskogee, Oklahoma, while also potentially reducing the energy and carbon intensity of the refining process. A definitive agreement could give Stardust Power exclusive use of the technology for lithium in the United States and Canada, as well as certain other jurisdictions around the world.

    Stardust Power remains focused on increasing its sustainability and recycling water following commencement of its operations. KMX’s unique technology, known as vacuum membrane distillation (“VMD”), uses hydrophobic membranes to separate lithium while creating a high quality water as its byproduct. This process is less costly and potentially less energy-intensive than many competing solutions. The distilled quality water can also be used by lithium project developers as part of their direct lithium extraction washing process, in lieu of tapping sparse local freshwater resources and other uses.

    Stardust Power’s Chief Executive Officer and Founder, Roshan Pujari, commented: “Creating battery-grade lithium requires energy and water, and KMX’s technology is highly efficient on both fronts. Their VMD technology produces an extremely high-quality concentrate with significantly improved water recycling. Following the execution of definitive documentation, Stardust Power would intend to deploy this technology across the supply chain at its Oklahoma refinery, when it is put into operation, and at upstream sites. This is another step forward for Stardust Power, leading at the forefront of sustainability within the U.S. lithium supply chain.”

    Zachary Sadow, KMX Chief Executive Officer, said, “We are proud to partner with Stardust Power, pioneers in the critical mineral industry, as they build out the North American lithium supply chain.”

    KMX’s lithium concentration technology has been publicly validated by the Canadian government, showing its ability to concentrate lithium without significant losses, generating substantially enhanced project economics.

    About Stardust Power Inc.

    Stardust Power is a developer of battery-grade lithium products designed to supply the electric vehicle (EV) industry and bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.” For more information, visit http://www.stardust-power.com

    Stardust Power Contacts

    For Investors:
    Johanna Gonzalez
    investor.relations@stardust-power.com

    For Media:
    Michael Thompson
    media@stardust-power.com

    About KMX Technologies

    KMX Technologies is solving the most critical environmental and energy challenges of the 21st century. Through its proprietary membrane distillation technology, the company sustainably sources critical minerals necessary for next generation supply chains and infrastructure, is advancing wastewater treatment, and is accelerating energy storage with its direct lithium recovery enhancement processes.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release constitute “forward-looking statements.” Such forward-looking statements are often identified by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “forecasted,” “projected,” “potential,” “seem,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the negotiation and execution of definitive documentation regarding the Licensing Arrangement, the ability of Stardust Power to realize the anticipated benefits of KMX’s technology, the ability of Stardust Power to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Stardust Power; risks related to the price of Stardust Power’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Stardust Power plans to operate, variations in performance across competitors, changes in laws and regulations affecting Stardust Power’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.

    Stockholders and prospective investors should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Stardust Power from time to time with the SEC.

    Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Stardust Power. Stardust Power expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Stardust Power with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    The MIL Network

  • MIL-OSI: Efabless Unveils New Custom Chip Platform Designed for Edge ML Products

    Source: GlobeNewswire (MIL-OSI)

    • Achieve a 10x improvement in performance and power efficiency compared to current solutions
    • Partnership with SensiML delivers a complete end-to-end solution for ML edge applications such as keyword spotting

    PALO ALTO, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Efabless Corporation, the creator platform for chips, today announced the launch of chipIgnite ML, a new system-on-chip (SoC) platform. This empowers developers to create custom silicon solutions ten times more efficient than traditional off-the-shelf hardware, redefining possibilities for edge Machine Learning (ML) applications.

    Designed with ML in mind, the SoC platform offers dedicated functionality, which can be accessed using SensiML’s development tools. This integration allows developers to reduce development time and maximize the ML capabilities for edge applications. By leveraging these tools, engineers can efficiently deploy advanced ML models on custom silicon tailored to specific edge use cases, ensuring scalable and effective solutions such as keyword spotting.

    Power and Performance for Edge ML Applications
    The new SoC platform delivers an impressive 10x improvement in power efficiency and performance compared to microcontrollers (MCUs) with general-purpose Neural Processing Units (NPUs). This allows developers to optimize performance while reducing power consumption, which is crucial for battery-operated edge devices.

    “With our chipIgnite ML custom silicon platform, developers can create solutions that are perfectly tailored to their edge applications, offering significantly improved power efficiency and performance compared to existing solutions,” said Mohamed Kassem, CTO at Efabless. “This creates numerous opportunities for specialized ML edge applications that require both optimal performance and reduced power consumption.”

    Partnership with SensiML
    Efabless and SensiML have joined forces to deliver an open source enabled hardware and software solution for ML edge processing in IoT applications. SensiML’s AutoML platform enables embedded developers—regardless of their data science experience—to quickly create ultra-efficient sensor inference algorithms that run autonomously on resource-limited edge devices. Similarly, Efabless equips developers with easy-to-use, open-source tools to design optimized custom SoCs without requiring deep expertise in IC design. Together, Efabless and SensiML are eliminating two of the biggest barriers to IoT innovation by providing a seamless path from development to deployment.

    Key Benefits

    • Unmatched Performance: Leverage chipIgnite ML custom silicon platform to achieve dramatically faster performance compared to traditional MCU-based solutions.
    • Optimized Power Efficiency: Reduce power consumption by 10x, enabling longer battery life.
    • Tailored Solutions: Our combined expertise allows you to customize your silicon design to meet the specific requirements of your edge ML applications. Profiling and optimization of ML inference workloads can be accomplished in pre-hardware simulation to assist in sizing inference models appropriately.
    • Seamless Integration: Benefit from a complete development path, from data to silicon, powered by Efabless and SensiML.
    • Open-Source: Open-source hardware and software development tools provide transparency, customization, and a cost-effective path to ML at the edge products.

    “We’re excited to collaborate with Efabless to offer a comprehensive development pathway for intelligent edge devices,” said Chris Rogers, CEO of SensiML. “By combining our strengths, this joint platform tackles the complex hardware and software challenges developers face, enabling the creation of truly differentiated IoT edge sensing products and applications.”

    Availability
    Efabless has already taped out the chipIgnite ML, marking a major milestone in the platform’s development. A design kit will be available for early evaluation starting in November 2024, providing developers with the tools they need to explore and design using the platform. The first shuttle for prototyping is scheduled for April 2025, with full-scale production expected to follow.

    The introduction of this chipIgnite ML platform marks a significant advancement in the field of edge ML applications, giving innovators the ability to design custom silicon that delivers both performance and power efficiency, all at a fraction of the cost traditionally associated with custom hardware.

    For more information about Efabless’ SoC platform and partnership with SensiML, please visit http://www.efabless.com/chipignite-ml

    About SensiML
    SensiML, a subsidiary of QuickLogic (NASDAQ: QUIK), offers cutting-edge software that enables ultra-low power IoT endpoints that implement AI to transform raw sensor data into meaningful insight at the device itself. The company’s flagship solution, the SensiML Analytics Toolkit, provides an end-to-end development platform spanning data collection, labeling, algorithm and firmware auto-generation, and testing. The SensiML Toolkit supports a growing list of hardware including 8/16/32-bit MCUs from Microchip®, Arm® Cortex®-M class and higher microcontroller cores, Intel® x86 instruction set processors, and heterogeneous core AI/ML optimized SoCs. For more information, visit https://sensiml.com.

    About Efabless
    Efabless offers a platform applying open source and community models to enable a global community of chip experts and non-experts to collaboratively design, share, prototype and commercialize special purpose chips. Over the past three years, 1,400 designs and six hundred tapeouts have been executed on Efabless. The company’s customers include startups, Fortune 500 companies, universities, and research institutions around the world. For more information, please visit http://www.efabless.com.

    Press Contact:
    Andrea Vedanayagam
    andrea@efabless.com
    408.656.4494

    The MIL Network

  • MIL-OSI: Eviden launches PQC HSMaaS, a EU sovereign, Post-Quantum Cryptography Hardware Security Module as a Service

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Eviden launches PQC HSMaaS, a EU sovereign, Post-Quantum Cryptography
    Hardware Security Module as a Service

    This secure cloud-independent solution, based on ANSSI’s Highest Qualified HSM,
    helps organizations meet the most stringent NIS2 requirements

    Les Assises de la Sécurité, Monaco and Paris, France – October 8, 2024Eviden, the Atos Group business leading in digital, cloud, big data and security today announces PQC HSMaaS, its EU sovereign, post-quantum cryptography Hardware Security Module (HSM) as a Service, powered by the Eviden HSM Trustway Proteccio™ brand.

    This secure, cloud-independent solution is the only HSM available on the market today which is based on ANSSI’s (Agence Nationale de la Sécurité des Systèmes d’Information1) Highest Security Qualification (“reinforced qualification”), thereby providing businesses with the highest level of security possible.

    Post-quantum-ready and EU sovereign for NIS2 compliance

    In addition to being based upon one of the most certified HSM on the market, Eviden’s PQC HSMaaS supports Post-Quantum Cryptography (PQC) algorithms, providing encryption that is future-proof against the advances of quantum computing.

    As a fully EU sovereign solution, Eviden’s PQC HSMaaS is hosted in resilient, sovereign data centers in France and managed by French teams, ensuring full control over sensitive data. This minimizes dependence on public cloud providers, reinforcing both data sovereignty and regulatory compliance. Furthermore, Eviden’s PQC HSMaaS helps businesses meet the stringent requirements of the NIS22Directive, securing sensitive data with robust encryption practices that guarantee confidentiality, integrity, and availability.

    Antoine Schweitzer-Chaput, Head of Trustway Business Unit, Eviden, Atos Group said: This solution not only empowers companies to protect against emerging threats such as quantum computing through Post-Quantum Cryptography support, but it also established us as a strategic partner in helping organizations meet the stringent requirements of the NIS2 Directive. We take pride in offering an HSMaaS that blends the highest levels of security with the flexibility and control businesses need in today’s evolving landscape.”

    Eviden customers can now benefit from the PQC HSMaaS solution, via a monthly subscription. For more information, please visit : https://eviden.com/solutions/digital-security/data-encryption/trustway-proteccio-nethsm/

    ***

    About Eviden

    Eviden is a next-gen technology leader in data-driven, trusted and sustainable digital transformation with a strong portfolio of patented technologies. With worldwide leading positions in advanced computing, security, AI, cloud and digital platforms, it provides deep expertise for all industries in more than 47 countries. Bringing together 47,000 world-class talents, Eviden expands the possibilities of data and technology across the digital continuum, now and for generations to come. Eviden is an Atos Group company with an annual revenue of c. € 5 billion.

    About Atos

    Atos is a global leader in digital transformation with c. 92,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Zohra Dali – zohra.dali.external@eviden.com – +33 (0) 6 71 92 71 87


    1 National Cybersecurity Agency of France responsible for ensuring the security of information systems across France, particularly within government institutions and critical infrastructure.
    2 The NIS2 Directive (Directive on security of network and information systems) is a European Union regulation aimed at enhancing cybersecurity across the EU. It updates and expands upon the original NIS Directive (2016) to address the evolving landscape of cyber threats and improve the overall level of cybersecurity within member states.

    3 Eviden business is operated through the following brands: AppCentrica, ATHEA, Cloudamize, Cloudreach, Cryptovision, DataSentics, Edifixio, Energy4U, Engage ESM, Evidian, Forensik, IDEAL GRP, In Fidem, Ipsotek, Maven Wave, Profit4SF, SEC Consult, Visual BI, Worldgrid, X-Perion.

    Eviden is a registered trademark. © Eviden SAS, 2024.

    Attachment

    The MIL Network

  • MIL-OSI: Parex Resources Announces Production Update and Timing of Q3 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as its plan to release its Q3 2024 financial and operating results on Tuesday, November 5, 2024.

    Q3 2024 Production Update(1)

    • Q3 2024 average production was 47,569 boe/d.
    • Average production was in line with the most recent production guidance(2).
    • September 2024 production was supported by a new well at Capachos.
    • Parex’s production guidance incorporates a range of technical outcomes and contingency for significant downtime events; there were no notable downtime events during the quarter.
    boe/d For the three months ended September 30, 2024
    Block LLA-34 24,975
    Southern Llanos 15,031
    Northern Llanos 4,567
    Magdalena Basin 2,268
    Natural Gas Production 728
    Average Production 47,569

    (1) See “Product Type Disclosure.”
    (2) See August 28, 2024 news release.

    Monthly Production Breakdown(1)(2)

    boe/d July 2024 August 2024 September 2024
    Average Production 48,850 46,350 47,450

    (1) See “Product Type Disclosure.”
    (2) Rounded for presentation purposes.

    Q3 2024 Conference Call & Webcast

    Parex will host a conference call and webcast to discuss its Q3 2024 results on Wednesday, November 6, 2024, beginning at 9:30 am MT (11:30 am ET). Additional details will be available on the Company’s website in due course.

    About Parex Resources Inc.

    Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

    For more information, please contact:

    Mike Kruchten
    Senior Vice President, Capital Markets & Corporate Planning
    Parex Resources Inc.
    403-517-1733
    investor.relations@parexresources.com

    Steven Eirich
    Investor Relations & Communications Advisor
    Parex Resources Inc.
    587-293-3286
    investor.relations@parexresources.com

    NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES

    Product Type Disclosure

    Product Type July 2024 August 2024 September 2024
    Light & Medium Crude Oil (bbl/d) 9,308 8,832 9,041
    Heavy Crude Oil (bbl/d) 38,793 36,808 37,681
    Conventional Natural Gas (mcf/d) 4,492 4,262 4,363
    Oil Equivalent (boe/d) 48,850(1) 46,350(1) 47,450(1)

    (1) Rounded for presentation purposes.

    Product Type For the three months ended September 30, 2024
    Light & Medium Crude Oil (bbl/d) 9,064
    Heavy Crude Oil (bbl/d) 37,776
    Conventional Natural Gas (mcf/d) 4,370
    Oil Equivalent (boe/d) 47,569

    Oil & Gas Matters Advisory

    The term “Boe” means a barrel of oil equivalent on the basis of 6 thousand cubic feet (“Mcf”) of natural gas to 1 bbl. Boe may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 Mcf: 1Bbl, utilizing a conversion ratio at 6 Mcf: 1 Bbl may be misleading as an indication of value.

    Advisory on Forward-Looking Statements

    Certain information regarding Parex set forth in this press release contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The use of any of the words “plan”, “expect”, “prospective”, “project”, “intend”, “believe”, “should”, “anticipate”, “estimate”, “forecast”, “guidance”, “budget” or other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking statements. Such statements represent Parex’s internal projections, estimates or beliefs concerning, among other things, future growth, results of operations, production, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, plans for and results of drilling activity, environmental matters, business prospects and opportunities. These statements are only predictions and actual events or results may differ materially. Although the Company’s management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause Parex’s actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Parex.

    Although the forward-looking statements contained in this press release are based upon assumptions which management believes to be reasonable, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. With respect to forward-looking statements contained in this press release, Parex has made assumptions regarding, among other things: current and anticipated commodity prices and royalty regimes; availability of skilled labour; timing and amount of capital expenditures; future exchange rates; the price of oil, including the anticipated Brent oil price; the impact of increasing competition; conditions in general economic and financial markets; availability of drilling and related equipment; effects of regulation by governmental agencies; receipt of partner, regulatory and community approvals; royalty rates; future operating costs; uninterrupted access to areas of Parex’s operations and infrastructure; recoverability of reserves and future production rates; the status of litigation; timing of drilling and completion of wells; on-stream timing of production from successful exploration wells; operational performance of non-operated producing fields; pipeline capacity; that Parex will have sufficient cash flow, debt or equity sources or other financial resources required to fund its capital and operating expenditures and requirements as needed; that Parex’s conduct and results of operations will be consistent with its expectations; that Parex will have the ability to develop its oil and gas properties in the manner currently contemplated; that Parex’s evaluation of its existing portfolio of development and exploration opportunities is consistent with its expectations; current or, where applicable, proposed industry conditions, laws and regulations will continue in effect or as anticipated as described herein; that the estimates of Parex’s production and reserves volumes and the assumptions related thereto (including commodity prices and development costs) are accurate in all material respects; that Parex will be able to obtain contract extensions or fulfill the contractual obligations required to retain its rights to explore, develop and exploit any of its undeveloped properties; that Parex will have sufficient financial resources in the future to pay a dividend in the future; that the Board will declare dividends in the future; and other matters.

    These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to, the impact of general economic conditions in Canada and Colombia; prolonged volatility in commodity prices; industry conditions including changes in laws and regulations including adoption of new environmental laws and regulations, and changes in how they are interpreted and enforced in Canada and Colombia; determinations by OPEC and other countries as to production levels; competition; lack of availability of qualified personnel; the results of exploration and development drilling and related activities; obtaining required approvals of regulatory authorities in Canada and Colombia; risks associated with negotiating with foreign governments as well as country risk associated with conducting international activities; volatility in market prices for oil; fluctuations in foreign exchange or interest rates; environmental risks; changes in income tax laws or changes in tax laws and incentive programs relating to the oil industry; changes to pipeline capacity; ability to access sufficient capital from internal and external sources; failure of counterparties to perform under contracts; risk that Brent oil prices are lower than anticipated; risk that Parex’s evaluation of its existing portfolio of development and exploration opportunities is not consistent with its expectations; risk that initial test results are not indicative of future performance or ultimate recovery; risk that other zones to be tested do not contain the expected hydrocarbon bearing formations; the risk that Parex’s 2024 capital expenditures and planned exploration and development programs are different than expected, including in a manner adverse to Parex; the risk that Parex’s financial and production results may be less favorable than anticipated; the risk that certain of Parex’s wells may not spud or come onstream when anticipated, or at all; the risk that Parex may not have sufficient financial resources in the future to pay a dividend or repurchase its shares; the risk that the Board may not declare dividends in the future or that Parex’s dividend policy changes; that risk that Parex may not actively adjust its capital allocation or maximize shareholder value; the risk that the Company may purchase less shares per day through its automatic share purchase plan than anticipated and that it may not adjust to match its targeted long-term capital allocation framework as required; and other factors, many of which are beyond the control of the Company. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect Parex’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca).

    Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide shareholders with a more complete perspective on Parex’s current and future operations and such information may not be appropriate for other purposes. Parex’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits Parex will derive. These forward-looking statements are made as of the date of this press release and Parex disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

    Abbreviations

    The following abbreviations used in this press release have the meanings set forth below:

    bbl one barrel
    bbl/d barrels per day
    boe barrels of oil equivalent of natural gas; one barrel of oil or natural gas liquids for six thousand cubic feet of natural gas
    boe/d barrels of oil equivalent of natural gas per day
    mcf thousand cubic feet
    mcf/d thousand cubic feet per day

    The MIL Network

  • MIL-OSI: Apollo Commercial Real Estate Finance, Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI), today announced the Company will hold a conference call to review its third quarter 2024 financial results on Thursday, October 31, 2024 at 9:00 a.m. Eastern Time. The Company’s third quarter 2024 financial results will be released after the market closes on Wednesday, October 30, 2024. During the conference call, Company officers will review third quarter 2024 performance, discuss recent events and conduct a question-and-answer period.

    To register for the call, please use the following link:

    https://register.vevent.com/register/BIa37467c5213342ac9459168840830682

    After you register, you will receive a dial-in number and unique pin. The Company will also post a link in the Stockholders’ section on ARI’s website for a live webcast. For those unable to listen to the live call or webcast, there will be a webcast replay link posted in the Stockholders’ section on ARI’s website approximately two hours after the call.

    About Apollo Commercial Real Estate Finance, Inc.
    Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a high-growth, global alternative asset manager with approximately $696 billion of assets under management as of June 30, 2024.

    Additional information can be found on the Company’s website at http://www.apollocref.com. Please note that our URL address has changed.

    Forward-Looking Statements
    Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: higher interest rates and inflation; market trends in the Company’s industry, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    CONTACT: Hilary Ginsberg
    Investor Relations
    (212) 822-0767

    The MIL Network

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC] – 07 10 2024 – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    KEYWORDS STUDIOS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    07 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,370,614 1.7023    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,370,614 1.7023    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 715 2438p
    1p ORDINARY SALE 1,935 2438.2p
    1p ORDINARY SALE 1,015 2438.202p
    1p ORDINARY PURCHASE 400 2440p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 08 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network

  • MIL-OSI: Craft Named “Top 50 Providers to Watch” by Spend Matters

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 08, 2024 (GLOBE NEWSWIRE) — Craft, the supply chain resilience company, today announced it was named a “Top 50 Providers to Watch” by Spend Matters. This achievement further solidifies Craft’s standing as an industry trailblazer, dedicated to developing innovative solutions that enable organizations to know their suppliers, protect against disruptions, and build resilient supply chains.

    Each year the Spend Matters’ ‘50 Providers to Watch’ list recognizes the fast-rising companies in the procurement and supply chain market. These companies are the up-and-coming solution providers who continue to grow and develop innovative products propelling the market forward.

    “We are thrilled to be acknowledged by Spend Matters as a fast rising company to watch in this highly important market,” said Ilya Levtov, CEO and founder, Craft. “Being named a top provider to watch reflects the recognition by our customers and dedication of our team as we illuminate the path to supply chain resilience by providing real-time visibility, predictive insights and coordinated execution across supply chains.”

    “With the emergence of new procurement software and services offerings, decisions on who make the lists are only getting tougher,” said Nikhil Gaur, Director, Strategic Projects & Research Analyst, Spend Matters.

    Abigail Ommen, Research Analyst & Production Manager, Spend Matters, added, “Craft provides a supplier intelligence layer that stands out for its user-friendly UX.” She also noted the depth and breadth of data in Craft’s platform which harnesses over 2,100 streams of data and provides 500+ data points per supplier profile.

    With Craft, the U.S. Department of Defense and 60+ other federal government organizations, Hapag-Lloyd, major financial services institutions, and other Fortune 500 companies confidently navigate third-party risks, regulatory environments, uphold ethics, and drive business continuity and growth. 

    For more information about Craft, visit http://www.craft.co or contact press@craft.co.

    For more information on Spend Matters Top 50 Procurement Providers to Watch, visit https://spendmatters.com/procurement-tech-recognition/

    #SpendMatters50toWatch

    About Craft
    Craft illuminates the path to global supply chain resilience. It empowers businesses to strengthen their supplier networks and supply chains with the industry’s most reliable and comprehensive data fabric and AI-driven risk mitigation engine. Craft’s user-friendly platform offers 360-degree visibility to explore and evaluate supplier networks, AI-generated insights to detect and mitigate disruptions, and collaborative tools to enhance supply chain strategies. Procurement and supply chain professionals can confidently navigate regulatory environments, adhere to ethical standards, and ensure business continuity. Headquartered in San Francisco, CA, Craft assists commercial and governmental organizations worldwide in creating more resilient supply chains. 
    For more information about Craft, visit http://www.craft.co.

    About Spend Matters
    Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c9c1eba1-9297-4655-ad92-64ab4daa11ca

    The MIL Network

  • MIL-OSI: eCaring™ Announces Key Hires to Support Continued Growth

    Source: GlobeNewswire (MIL-OSI)

    Boston, Oct. 08, 2024 (GLOBE NEWSWIRE) — eCaring™, an integrated software platform specifically for the in-home care industry, is pleased to welcome several new members to its rapidly growing team. The Company has focused on adding industry experts who bring a wealth of experience in home care and technology:

    • Justin Hanzlik, with over 15 years of experience in enterprise software development, has recently been promoted to Chief Operating Officer. In this role, he will continue to lead key departments, driving growth, scaling operations, and fostering innovation across the organization;
    • Linda Palutzke, Director of Client Services, will lead eCaring’s Client Services division as an expert in implementation and client relationships. Linda joins the team from WellSky where she has spent the last eight years driving client implementations of the WellSky and TapCloud platform. She’s joining forces with Keith Dzialo and Devin Farley to ensure a best-in-class experience for our customers;
    • Stefan Gomez, Director of Engineering, brings over 15 years of tech industry experience to eCaring, drawing on a wealth of knowledge from his work with startups at various stages of growth. In his career, Stefan has led the payments engineering team at SkillShare and gained valuable experience in the home care industry during his time at WellSky and Anonymous Health;
    • Ray Krehn, Senior Product Owner, has joined the product team alongside Mike Sincavage, both veterans of the home care space with previous roles at Homewatch CareGivers and Bayada;
    • Justin Woods has been appointed to lead all sales efforts, bringing expertise from his previous positions at WellSky and Cezta. Justin has 20 years of experience working with businesses implementing SaaS solutions.

     “The additions to our team reflect our commitment to building a top-tier organization capable of delivering the best possible service and technology to our clients,” said Justin Hanzlik, Chief Operating Officer. “Each of these individuals brings unique experience and perspective, and we are thrilled to have them on board as we continue to scale and innovate.”

    About eCaring™

    eCaring is an integrated software platform that aligns the entire in-home care team, allowing home care agencies, caregivers, clinicians, families, and payors to communicate seamlessly. By converting traditional paper logs into an electronic home care record (eHCR™), eCaring enables real-time, proactive management of client health for better outcomes, engaging and rewarding caregivers while streamlining the delivery of non-medical and medical services.

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

    The MIL Network

  • MIL-OSI: Urgently Secures Three-Year, Roadside Assistance Contract Renewal with Global Automotive Fleet Management Customer Partner

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., Oct. 08, 2024 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced its three-year contract renewal with a customer partner that operates a global automotive fleet management company. The renewal extends this long-term customer partner relationship to nine years, with Urgently powering the fleet management company’s roadside assistance program.

    With the addition of this customer partner renewal, Urgently has successfully retained all roadside assistance contracts up for renewal since the beginning of the second quarter of 2024, an indication of Urgently’s commitment to delivering customer value through exceptional service, cutting edge technology and a prioritization of safety.

    “We are privileged to have the opportunity to continue this successful partnership, which we believe reflects the strength of our technology and the outstanding level of service we deliver,” said Matt Booth, Chief Executive Officer, Urgently. “We look forward to continuing to provide roadside assistance solutions that meet our customer partner’s evolving needs and support our focus on accelerating profitable growth.”

    Under the renewed contract, the automotive fleet management company will leverage Urgently’s comprehensive technology stack and capabilities, including:

    • Service capabilities, encompassing vehicle classes 1 through 6, from light duty passenger cars, vans and small pickup trucks, through medium duty commercial vehicles
    • AI-driven yield-based pricing technology with predictive and location-aware capabilities that deliver network pricing and actionable insights to help minimize vehicle downtime

    Urgently believes this renewal solidifies its position as a preferred roadside and mobility assistance partner, leveraging Urgently’s connected assistance platform to drive efficiency and an exceptional customer experience aligned with the automotive fleet management company’s brand.

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit http://www.geturgently.com.

    Forward Looking Statements

    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s customer partner contract renewal, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on March 29, 202, our quarterly reports on Form 10-Q, including our quarterly report on Form 10-Q for the quarter ended June 30, 2024, which was filed with the SEC on August 13, 2024, and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network