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Category: GlobeNewswire

  • MIL-OSI: Man Group PLC : Form 8.3 – Darktrace plc

    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: Man Group PLC
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Darktrace 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    		 23/09/2024
    (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 / NO / 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  
    Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives: 7,625,908 1.09    
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 7,625,908 1.09    

    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

    (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
    1p ordinary Equity Swap Reducing a long position 190,064 5.811 GBP

    (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: 24/09/2024
    Contact name: Mackenzie Terry
    Telephone number: +442071441555

    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 www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Man Group PLC : Form 8.3 – TI Fluid Systems plc

    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: Man Group PLC
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 TI Fluid Systems 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    		 23/09/2024
    (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 / NO / 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: 11,550,599 2.32    
    (2)   Cash-settled derivatives: 10,538,589 2.12    
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 22,089,188 4.43    

    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 38,731 1.657 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
    1p ordinary Equity Swap Reducing a long position 8,555 1.657 GBP
    1p ordinary Equity Swap Reducing a long position 135 1.657 GBP
    1p ordinary Equity Swap Reducing a long position 26,648 1.657 GBP

    (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: 24/09/2024
    Contact name: Mackenzie Terry
    Telephone number: +442071441555

    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 www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – GRAN TIERRA ENERGY INC

    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: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (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    		 Gran Tierra Energy Inc  
    (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    		 23 September 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
    I3 Energy 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: USD 0.001 ordinary (US38500T2006)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 1,315,575 4.24 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 1,315,575 * 4.24 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 2,170 shares that are included in the total above.  
       
    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  
    USD 0.001 ordinary (US38500T2006) Purchase 2,100 8.4338 CAD  
       
    (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 24 September 2024  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    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 www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – VIRGIN MONEY UK PLC – Ordinary Shares

    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: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (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    		 Virgin Money UK 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    		 23 September 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: 10p ordinary (GB00BD6GN030)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 38,788,978 2.99 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 38,788,978 * 2.99 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 167,748 shares that are included in the total above.  
       
    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  
    10p ordinary (GB00BD6GN030) Sale 53,254 2.1720 GBP  
    There was a Transfer In of 5,508 shares of 10p ordinary  
       
    (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 24 September 2024  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    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 www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Middlefield Canadian Income PCC – Holding(s) in Company

    Source: GlobeNewswire (MIL-OSI)

    TR-1: Standard form for notification of major holdings

    NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
     
    1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Middlefield Canadian Income PCC
    1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
    Non-UK issuer X
    2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
    An acquisition or disposal of voting rights  
    An acquisition or disposal of financial instruments X
    An event changing the breakdown of voting rights  
    Other (please specify) iii:      
    3. Details of person subject to the notification obligation iv
    Name Saba Capital Management, L.P.
    City and country of registered office (if applicable) New York, United States
    4. Full name of shareholder(s) (if different from 3.) v
    Name Saba Capital Arcadia Master Fund, Ltd.
    City and country of registered office (if applicable) Cayman Islands
    Name Saba Capital Bluebird Fund, Ltd.
    City and country of registered office (if applicable) Cayman Islands
    Name Saba Capital Income & Opportunities Fund
    City and country of registered office (if applicable) United States
    Name Saba Capital CEF Opportunities 1, Ltd.
    City and country of registered office (if applicable) Cayman Islands
    Name Saba Capital CEF Special Opportunities Master Fund 2, Ltd.
    City and country of registered office (if applicable) Cayman Islands
    Name Saba Capital Income & Opportunities Fund II
    City and country of registered office (if applicable) United States
    Name Saba Capital Master Fund, Ltd.
    City and country of registered office (if applicable) Cayman Islands
    Name Stone Ridge Archimedes Sub-Master (Red) LP
    City and country of registered office (if applicable) United States
    5. Date on which the threshold was crossed or reached vi: 20/09/2024
    6. Date on which issuer notified (DD/MM/YYYY): 23/09/2024
    7. Total positions of person(s) subject to the notification obligation
      % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
    (total of 8.B 1 + 8.B 2)    		 Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B) vii
    Resulting situation on the date on which threshold was crossed or reached 0.000000 11.190668 11.190668 11916635
    Position of previous notification (if
    applicable)    		 0.000000 10.206889 10.206889  
    8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
    A: Voting rights attached to shares
    Class/type of
    shares
    ISIN code (if possible)    		 Number of voting rights ix % of voting rights
    Direct
    (DTR5.1)    		 Indirect
    (DTR5.2.1)    		 Direct
    (DTR5.1)    		 Indirect
    (DTR5.2.1)
    GB00B15PV034 0 0 0.000000 0.000000
             
             
    SUBTOTAL 8. A 0 0.000000%
     
    B 1: Financial Instruments according to DTR5.3.1R (1) (a)
    Type of financial instrument Expiration
    date x    		 Exercise/
    Conversion Period xi    		 Number of voting rights that may be acquired if the instrument is
    exercised/converted.    		 % of voting rights
             
             
             
        SUBTOTAL 8. B 1    
     
    B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
    Type of financial instrument Expiration
    date x    		 Exercise/
    Conversion Period xi    		 Physical or cash
    Settlement xii    		 Number of voting rights % of voting rights
    Total Return Swap 08/17/2024   Cash 11916635 11.190668
               
               
          SUBTOTAL 8.B.2 11916635 11.190668%
     
    9. Information in relation to the person subject to the notification obligation (please mark the
    applicable box with an “X”)
    Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii  
    Full chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv    		 X
    Name xv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
    Boaz Weinstein      
    Saba Capital Management GP, LLC     11.190668%
           
           
           
     
    10. In case of proxy voting, please identify:
    Name of the proxy holder  
    The number and % of voting rights held  
    The date until which the voting rights will be held  
     
    11. Additional information xvi

    JTC Fund Solutions (Jersey) Limited, Secretary
    Place of completion Jersey
    Date of completion

    24-Sep-2024

    The MIL Network –

  • MIL-OSI: RAIR Technologies Accepted to Prestigious Denarii Labs Accelerator

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, Sept. 24, 2024 (GLOBE NEWSWIRE) — RAIR Technologies, the leading open-source platform for building Web3 applications, today announced it has been accepted into the protocol-agnostic Web3 tokenomics accelerator Denarii Labs, powered by leading Web3 advisory and early-stage VC RedBeard Ventures and mentorship directly from Futureverse. RAIR Technologies will use the comprehensive 12-week program to help refine its tokenomics as it begins to raise more funding and strengthen core technologies like the RAIRprotocol. 

    The Denarii Labs accelerator empowers Web3 innovators from conceptualization to execution with unparalleled expertise in crafting, refining and executing tokenomics and launch strategies over the course of its 12-week accelerator program. The accelerator’s very selective due diligence process ensures it only chooses and nurtures the best early-stage companies, sending a strong signal to the market.

    “We couldn’t be more proud to be accepted into this unique and elite program for the Web3 industry,” said Ed Prado, CEO of RAIR Technologies. “Denarii Labs will allow us to drill down on our tokenomics before we significantly expand both the technology and our partner base.”

    The Denarii Labs accelerator tailors members’ tokenomics to align with their business and marketing goals, including whitepaper creation, technical and development checks, and investor readiness with mentorship from Insomnia Labs, GSR, Tao Tao, Coinbase and Omniscia.  The program also offers top-notch legal and regulatory advice from the accelerator’s partners at leading technology business law firm Fenwick & West.

    RAIR Technologies last year participated in Sony’s accelerator, which eventually led to RAIR Technologies being announced as an infrastructure partner for Soneium, the blockchain recently announced by Sony.

    RAIR Technologies is paving the way for a more inclusive and collaborative future in the realm of decentralized application development. Among its offerings is the RAIRprotocol, which has been in active development since 2019 as an investor-backed, heretofore proprietary enterprise SaaS product. To learn more about RAIR Technologies visit https://rair.info.

    ABOUT RAIR TECH
    RAIR Technologies enables enterprises to seamlessly navigate asset creation, DRM security, royalty tracking, and marketplace trade and execution within a secure white-label environment. RAIR is driving innovation with its open-source RAIRprotocol. RAIRprotocol fosters scalability and innovation through a distinctive token licensing model that allows full access to the underlying RAIR Technologies source code.

    The MIL Network –

  • MIL-OSI: PayMate Announces Intent to Acquire DigiAsia

    Source: GlobeNewswire (MIL-OSI)

    Valuing DigiAsia at US $400 Million

    Introduces PayMate in Indonesia with Immediate Market Share Expansion, Targeting 2025 Public Listing

    MUMBAI, India and NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) — PayMate India (“PayMate”), a leading provider of B2B payments and services with reputable investors such as Visa & Lightbox, today announced that it has entered into a binding term sheet (the “Proposed Transaction”) for the potential acquisition of DigiAsia Bios Pte Ltd., Singapore, a leading Fintech-as-a-Service (FaaS) company in Indonesia and a fully owned subsidiary of DigiAsia Corporation (NASDAQ: FAAS) (“DigiAsia”).

    Under the terms of the Proposed Transaction, an enterprise valuation of US $400 Million for DigiAsia’s business has been determined. Additionally, post the Proposed Transaction, PayMate intends to invest up to US $25 Million in cash, the aggregate financing structure and terms will be finalized in mutual agreement. PayMate and DigiAsia will continue joint due diligence on both entities, identification of the right transaction structure, entering into definitive agreements and the necessary corporate and regulatory approvals of PayMate and DigiAsia which is expected to take up to 60 days. Subsequent to the closing of the Proposed Transaction, PayMate intends to initiate proceedings to list the combined entity in India.

    About PayMate

    PayMate India Ltd – a leading digital B2B payments company that empowers businesses of all sizes to enhance financial efficiency and streamline B2B payments. The platform simplifies and digitizes B2B payment processes, optimizing working capital, and ensuring timely supplier payments. PayMate’s solutions encompass Accounts Payable, Accounts Receivable, Invoice Discounting, Cross Border and Embedded Finance. In FY24, PayMate processed USD 10.5 billion in transactions, serving over 522,000 customers worldwide. With a strong presence in India, CEMEA, and APAC regions, PayMate is the trusted partner for businesses seeking to streamline payment processes.

    For more information, visit https://paymate.in/ or follow us on LinkedIn.

    About DigiAsia

    DigiAsia is a leading Fintech as a Service (FaaS) provider operating a B2B2X model offering its complete Fintech solution in emerging markets. DigiAsia’s fintech architecture offers small and medium business enterprises (SMEs) comprehensive embedded finance APIs to streamline processes across the commerce value chain of distributors and customers. DigiAsia’s embedded fintech solutions equally address democratizing digital finance access that supports financial inclusion of underbanked merchants and consumers in emerging markets resulting in growth for enterprise business. The suite of B2B2X solutions provided by DigiAsia include, but are not limited to, cashless payments, digital wallets, digital banking, remittances and banking licenses. DigiAsia has recently established a strategic initiative to develop its embedded FaaS enterprise solution with AI capabilities in Southeast Asia, India, and the Middle East, with plans for global expansion. For more information, please visit DigiAsia’s Corporate website here or Investor Relations website here.

    Forward-Looking Statements:

    This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements including, but not limited to, statements concerning DigiAsia and the Company’s operations, financial performance and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. DigiAsia cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world including those discussed in DigiAsia’s Form 20-F under the headings “Risk Factors”, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and DigiAsia specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

    PayMate Contact DigiAsia Company Contact:
       
    Vishvanathan Subramanian Subir Lohani
       
    Wholetime Director & Chief Financial Officer Chief Financial Officer and Chief Strategy Officer
       
    91-22-2661 6178 646-480-0142
       
    Email: corporate@paymate.co.in Investor Contact:
       
      MZ North America
       
      Email: FAAS@mzgroup.us

    The MIL Network –

  • MIL-OSI: From AI Bounties to DEX 3.0: Orderly Network’s Pioneering Presence at TOKEN2049

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Sept. 24, 2024 (GLOBE NEWSWIRE) — Web 3.0 liquidity layer, Orderly Network, proudly sponsored this year’s Singapore edition TOKEN2049, one of the most prestigious events for global leaders in the Web3 space. As a key player in Web3 trading, Orderly Network showcased its vision and cutting-edge innovations throughout the week across multiple events, highlighting its work in the convergence of AI and DeFi, and providing thought leadership into the evolving landscape of decentralized trading and the potential role these technologies may play in the future of Web3.

    A key meeting of minds in the emerging AI meets DeFi space, Orderly Network and Google Cloud teamed up last Tuesday, 17 September to host a cast of decision-makers and crypto KOL’s at their highly anticipated ‘Bounty Bash’ event. This collaborative initiative marked the announcement of the Orderly Network x Google Cloud Bounty – Unleashing the Power of AI Trading Agents program, developed in partnership with Google Cloud and Empyreal. The program is designed to empower developers to build AI agents capable of autonomously trading on Orderly’s decentralized infrastructure, contributing to the future of Web3 trading and decentralized finance by making it easier than ever for new users to gain results and confidence trading.

    A key highlight in the week was the keynote presentation of Orderly Network Co-Founder Ran Yi at the TOKEN2049 event. Entitled ‘DEXs 3.0 and the Transition from CEX to DEX’, in his address, Ran shared key insights into the evolution of DEXs and the forward path toward greater adoption. As a TradFi and DeFi veteran, Ran’s discussion explored his unique perspective on how the future of DEXs lies in combining the strengths of CEXs—such as intuitive user experiences, deep liquidity, high performance, and lower trading costs—with the inherent benefits of DEXs, including transparency, permissionless access, interoperability, and decentralized governance.

    This keynote presentation built on an overarching theme for the week – how centralized and decentralized worlds can work together to grow the space by producing more compelling solutions for users.

    At Caladan’s Liquidity Day event, in a panel discussion aptly named ‘The CEX and DEX Transition’, Ran had delved into the growing convergence between centralized and decentralized trading platforms. Discussing the potential for building a powerful DEX that could rival Binance in the decentralized space, he further emphasized the importance of fostering innovation while maintaining user trust and security.

    At Morph Consumer Day, Ran joined a star-studded cast that included well-known trader and Orderly supporter Nani XBT on stage to discuss ‘The Future of Consumer DeFi & Stablecoins’. In this session, Ran delved into the growing convergence between centralized and decentralized trading platforms, examining the role of DeFi and stablecoins in shaping the next generation of consumer-facing financial services.

    To conclude a week of engaging discussions and transformative ideas, Orderly Network also co-hosted the official TOKEN2049 afterparty, AFTER2049, joining forces with several other prominent projects in celebrating the successes of the event and fostering deeper connections within the community.

    Supporting imagery can be found here

    For more information on the Orderly Network and its innovative solutions for liquidity, please visit https://orderly.network/

    About Orderly Network

    Orderly Network is a cloud liquidity infrastructure for Web3 trading. Built on omnichain architecture, Orderly enables deep liquidity for any asset across multiple blockchains. Focused on a future of DeFi that’s open to all, Orderly empowers developers to fluidly create a comprehensive array of financial products for any level of trader, without the risks of wrapped asset movement through cross-chain bridging.

    Learn more at orderly.network

    For PR enquiries related to this release, please contact pr@orderly.network

    Official Website | Twitter | Telegram | Discord | LinkedIn

    The MIL Network –

  • MIL-OSI: Eightco Regains Compliance with Nasdaq Listing Requirements

    Source: GlobeNewswire (MIL-OSI)

    Easton, PA, Sept. 24, 2024 (GLOBE NEWSWIRE) — Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced that the Company received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq’s minimum bid price requirement (the “Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2), as well as Nasdaq’s stockholders’ equity requirement (“Equity Requirement”) set forth in Nasdaq Listing Rule 5550(b)(1).

    To regain compliance with the Bid Price Requirement, the Company’s Common Stock was required to maintain a minimum closing bid price of $1.00 or more for a minimum of 10 consecutive trading days. The Notice confirmed that the Company’s Common Stock maintained a closing bid price above $1.00 for the last 20 consecutive trading days. Accordingly, this requirement had been met.

    The notice also indicated that the Company had reported stockholders’ equity of $13,428,553 in its recently filed Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, which exceeded the required minimum stockholders’ equity of $2,500,000. As a result, the Company had also regained compliance with the Equity Requirement.

    The Company’s Common Stock will continue to trade on The Nasdaq Capital Market tier of Nasdaq under the symbol “OCTO”.

    About Eightco

    Eightco (NASDAQ: OCTO) is committed to growth of its subsidiaries, made up of Forever 8, an inventory capital and management platform for e-commerce sellers, and Ferguson Containers, Inc., a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions. Through a combination of innovative strategies and focused execution, Eightco aims to create significant value and growth for its portfolio companies and stockholders.

    For additional information, please visit www.8co.holdings

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; Eightco’s inability to innovate and attract users for Eightco’s products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 1, 2024. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.

    For further information, please contact:
    Investor Relations
    investors@8co.holdings

    The MIL Network –

  • MIL-OSI: Freename Announces Plans to Apply for ICANN Top-Level Domains

    Source: GlobeNewswire (MIL-OSI)

    Zürich, Switzerland, Sept. 24, 2024 (GLOBE NEWSWIRE) — Freename, a leading player in the Web3 domain registration sector, has officially announced its plans to participate in the upcoming ICANN gTLD (generic Top Level Domains) registration round. The company intends to apply for .chain, .token, .metaverse and a variety of other gTLDs. Freename will also submit applications on behalf of third-party customers in this new gTLDs round. While the names of these partners remain undisclosed at this stage, Freename confirms that these strategic collaborations have been carefully selected to maximize the impact and relevance of each top-level domain. These Web3 domain registrations will also have their replica in the Web2/DNS space to further expand their reach and utilities.

    Freename’s Strategic Partnerships and Leadership

    This important milestone is made possible by Freename’s solid position within the domain industry, where the company enjoys strong relationships with institutional players in the traditional domain market. Among its notable collaborations, Freename has partnered with the ICANN-licensed Registry ShortDot launching the JV called WebUnited, with the mission to enhance Web2 domains with blockchain utilities. These partnerships further strengthen Freename’s ability to apply for ICANN’s gTLD programs, reaffirming its leadership in the market.

    Freename is also the first Web3 Registrar with ICANN accreditation which sells and tokenizes traditional DNS domain names as well as Web3 domains. By combining its well-established expertise in Web3 with the new technology of domain tokenization, Freename continues to dominate the Web3 domain market, as evidenced by the 2024 statistics placing it as the top Registrar in the sector.

    Looking Ahead: New Opportunities

    As the next ICANN gTLD registration round approaches, Freename invites companies looking to secure their own personalized TLD to join this journey of growth and innovation. Interested businesses can apply through this dedicated form.

    About Freename: Freename is the leading multichain Web3 Namespace where users can register and mint their own Web3 domains on their preferred chain.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Sept. 24, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC Midstream Holdings LP (“EPIC Midstream”), today announced a series of transactions to support the continued growth and strengthened financial profile of EPIC Crude Holdings, LP (“EPIC Crude”), an affiliate of EPIC Midstream, including:  

    • Diamondback and Kinetik (together, the “Partners”) acquired a 30% equity interest in EPIC Crude. The Partners now each own 27.5% of EPIC Crude.
    • EPIC Midstream continues to own a 45% equity interest in and manage the operations of EPIC Crude.
    • Diamondback is converting its existing commitment on EPIC Crude into a significantly larger volume commitment of 200 MBpd to accommodate additional crude barrels from Diamondback’s newly completed merger with Endeavor Energy Resources. As a result of that merger, Diamondback is the third largest crude producer in the Permian Basin.
    • Kinetik is also entering into a new transportation arrangement with EPIC Crude and a new connection between Kinetik’s crude gathering system and the EPIC Crude pipeline.
    • The combined long-term volume commitments from the Partners are expected to commence in 2025 and extend until 2035, fully supported by minimum volume commitments (“MVC”) and representing over 33% of EPIC Crude’s volume capacity.
    • EPIC Crude and its Partners are continuing to focus on reducing controllable costs and enhancing financial returns which will further maximize value for all stakeholders of EPIC Crude.
    • Taken together, these actions will position EPIC Crude for long-term success while increasing its long-term strategic alignment with Diamondback and Kinetik.

    EPIC Crude continues to transport more than 600 MBpd and has secured MVCs or contracts for approximately 90% of 2025 total volumes while substantially extending the weighted average contract life. EPIC Crude’s differentiated strategy helps its customers gain access to all markets and docks in Corpus Christi, in addition to the Dated Brent market through the EPIC dock.

    “Along with our execution over the past couple of years, these transactions position EPIC Crude for continued strategic and financial success,” said Brian Freed, Chief Executive Officer of EPIC Midstream. “The business continues to be transformed, and the strategic importance of this asset is supported by our Partners’ long-term commitments. EPIC Crude continues to be a critical asset for Permian Basin crude production egress to the Corpus Christi market.”

    “This series of transactions signifies a major step in ensuring reliable, cost-effective takeaway out of the basin for our expanded crude portfolio for a significant period of time, and positions EPIC Crude to be our preferred crude pipeline given our increased ownership stake and expanded governance role in the joint venture,” said Kaes Van’t Hof, President and Chief Financial Officer of Diamondback.

    “We are excited to partner with Diamondback, Ares Management funds and EPIC Midstream on these transactions,” said Jamie Welch, President and Chief Executive Officer of Kinetik. “Our volume commitment, alongside Diamondback, will generate incremental value for our crude customers seeking access to a premium market.”

    “Going forward, we believe EPIC Crude is even better positioned for shared business, customer and owner success,” said Robert Kimmel, Partner in the Ares Private Equity Group. “We remain excited to partner with Brian and his team in this transformative next chapter for EPIC Crude.”

    EPIC Crude’s financial profile continues to strengthen and is supported by continued improvement expected in its credit ratings. Its improving leverage, investment grade customers, and long-term contract profile provide a strong foundation for the business.

    EPIC Crude has the only remaining opportunity for a large-scale, highly economic crude oil pipeline expansion in the Permian. The potential expansion project is highly economic given its limited capital requirements, mostly focused on additional pumps for the existing pipeline. EPIC Crude anticipates the potential expansion project will be carried out with fully underwritten contracts, with the Partners having an option for approximately one-third of the expansion capacity.

    About EPIC Midstream

    EPIC was formed in 2017 to build, own and operate midstream infrastructure in the Delaware, Midland and Eagle Ford basins. EPIC’s Crude Oil Pipeline and NGL Pipeline each span approximately 700 miles and transport crude and natural gas liquids for delivery from the Permian and Eagle Ford basins into the Corpus Christi market. The Crude Oil Pipeline connects to the Port of Corpus Christi, including EPIC’s Marine Terminal, third-party export terminals and local refineries. EPIC’s NGL Pipeline has connectivity to EPIC’s operated fractionation complex in Robstown, Texas as well as Gulf Coast refiners, petrochemical companies and export markets. EPIC is a portfolio company of funds managed by the Private Equity Group of Ares Management. For more information, visit www.epicmid.com.

    About EPIC Crude

    EPIC Crude Holdings, LP (“EPIC Crude”) was formed in 2017 to build and operate the EPIC Crude Oil Pipeline, a 700-mile, 30” crude oil pipeline that extends from Orla, Texas to the Port of Corpus Christi and services the Midland, Delaware and Eagle Ford basins. The Crude Oil Pipeline is currently operating at a capacity of greater than 600,000 barrels per day (bpd) and has a maximum capacity of 1,000,000 bpd, as well as total operational storage of approximately 7,500,000 barrels. EPIC Crude includes terminals in Orla, Pecos, Saragosa, Crane, Wink, Midland, Helena and Gardendale, with Port of Corpus Christi connectivity and export access.

    About Diamondback Energy, Inc.

    Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

    About Kinetik Holdings Inc.

    Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, www.kinetik.com. 

    Investor and Media Contacts:

    EPIC Midstream Holdings, LP
    Mike Garberding
    Chief Financial Officer        
    (346) 231-1776
    mike.garberding@epicmid.com

    Kinetik
    Alex Durkee
    Investor Relations        
    (713) 574-4743
    adurkee@kinetik.com

    Diamondback
    Adam Lawlis
    Investor Relations
    (432) 221-7467
    alawlis@diamondbackenergy.com

    The MIL Network –

  • MIL-OSI: Silvaco Expands its Victory TCAD and Digital Twin Modeling Platform to Planar CMOS, FinFET and Advanced CMOS Technologies

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that its 2024 TCAD Baseline Release simulation platform with digital twin modeling, provides support for planar CMOS, FinFET and Gate-All-Around (GAA) transistor technologies, enabling semiconductor companies to accelerate technology development.

    Silvaco’s latest TCAD technology platform, enables advanced CMOS Process and Device simulation to support the development of next-generation semiconductor devices. This platform boosts performance, yield and efficiency across the evolving semiconductor design and manufacturing landscape. The solution enables highly accurate 3D process simulation, using digital twin-like precision and integrates stress simulation to model deformed structures. Additionally, the platform supports cryogenic applications through an atomistic quantum transport approach, enabling straightforward modeling of transistor structures down to 1 Kelvin.

    “Our TCAD platform has gained significant traction in the Display, Photonics, Memory and Power Semiconductor markets, where our solutions have been instrumental in driving innovation and enhancing performance,” said Dr. Babak Taheri, Chief Executive Officer, Silvaco. “We have now extended our comprehensive suite of tools to the advanced CMOS market, enabling next-generation advancements in technologies to address growing markets such as foundries, 5G, AI and high-performance computing. Our newly released TCAD platform has been utilized by a strategic customer for the past few years and is now available for broad market adoption. This new capability for advanced CMOS technology enables customers to accelerate their technology development with significant cost savings.”

    “Nanotechnology, like GAA, exhibits advanced quantum physical effects,” said Tillmann Kubis, Associate Professor in the Elmore Family School of Electrical and Computer Engineering at Purdue University. “Over the past six years, our team of scientists has collaborated with Silvaco to enable the simulation of full devices, such as nanowires and GAAs, powered by NEMO5 which is an NEGF-based atomistic quantum transport simulation tool developed at Purdue and licensed by Silvaco. This collaboration is now enabling Silvaco’s TCAD simulation performance with atomistic accuracy.”

    “This latest release of our TCAD platform is the culmination of years of intensive development, refinement and industry collaboration in order to meet the demanding needs of designing in advanced CMOS process technologies,” said Eric Guichard, Senior VP and General Manager TCAD Business Unit, Silvaco. “The latest release of our TCAD platform now incorporates digital twin modeling for CMOS technologies, as well as atomistic simulation technologies to provide a highly competitive and attractive alternative solution for semiconductor companies designing in advanced Planar CMOS, FinFET and emerging GAA process technologies.”

    About Silvaco

    Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco’s solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high-performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan.

    Safe Harbor Statement

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended, that are intended to be covered by the “safe harbor” provisions of those sections. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations, beliefs, intentions, plans, or strategies related to the release and adoption of its 2024 TCAD Baseline Release simulation platform, the anticipated benefits of this platform for advanced CMOS, FinFET, GAA, and other emerging technologies, and the potential advantages for customers in terms of performance, cost savings, and accelerated technology development. Forward-looking statements are typically identified by the use of words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “potential,” “continue,” and similar expressions, although not all forward-looking statements contain these words.

    These statements are based on the Company’s current expectations and assumptions and are subject to risks, uncertainties, and other factors, including those described in the Company’s most recent Quarterly Report on Form 10-Q and other filings with the Securities and Exchange Commission. These factors may cause actual results to differ materially from those expressed or implied by forward-looking statements. The Company undertakes no 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.

    Media Contact
    Tyler Weiland
    +1 972-571-7834
    press@silvaco.com

    Investor Relations:
    Greg McNiff
    investors@silvaco.com

    The MIL Network –

  • MIL-OSI: CodeMonkey Celebrates 10 Years of Transforming Coding Education

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Sept. 24, 2024 (GLOBE NEWSWIRE) — This year, CodeMonkey, an award-winning EdTech platform, marks its 10th anniversary, celebrating a decade of pioneering coding education for children worldwide. Since its founding in 2014, CodeMonkey has reached over 34 million students in 206 countries, inspiring a new generation of coders through fun, game-based learning. Now used in over 18,000 schools and after-school centers, CodeMonkey continues to redefine what it means to teach computer science in a playful, engaging, and effective way.

    A Vision Driven by Passionate Leadership

    At the heart of CodeMonkey are Jonathan Schor, Co-Founder & CEO, and Ido Schor, Co-Founder & CTO. As lifelong tech enthusiasts who started coding as 4th graders in the 1990s, the brothers founded CodeMonkey to share their love for coding with children everywhere. “We are a passionate team of technology, gaming, and pedagogy experts crafting together the world’s best computer science playground for children,” says Jonathan Schor.

    He adds, “We believe that the old-fashioned ways of learning should be challenged. New learning resources are the future of education systems worldwide. When we design our products, we focus on engagement and user experience to create a fun and effective learning process. Our deep understanding of technology and pedagogy results in a product that teachers can use without fear and kids enjoy tremendously.”

    Since Jonathan’s early success teaching children to code through playful activities, CodeMonkey has grown into a platform that brings fun, knowledge, and opportunity to millions of learners across the globe.

    Milestones Along the Journey

    • 2024: Linus the Lemur debuts in special monthly coding courses and CodeMonkey expands into Artificial Intelligence and Data Science, going beyond basic coding.
    • 2023: CodeMonkey adds a block-based design platform to create games.
    • 2022: Digital Literacy courses are introduced to accommodate for the educational needs of post COVID-19.
    • 2021: CodeMonkey partners with the King of Bhutan and the Ministry of Education to bring coding education across the country.
    • 2020: Beaver Achiever, a block-based coding course, and CodeMonkey Jr., the platform’s first block-based coding app, are launched.
    • 2019: CodeMonkey introduces Banana Tales, its first game-based Python course.
    • 2018: Dodo Does Math, a cross-curricular coding course, and Game Builder, a game design tool, are introduced to the platform.
    • 2016: CodeMonkey partners with Code.org as part of the Hour of Code initiative.
    • 2014: CodeMonkey is born, and by December, the company launches its first text-based coding game, Coding Adventure.

    What’s New in 2024

    As CodeMonkey looks ahead to the next 10 years, it’s introducing several exciting new initiatives:

    • Linus the Lemur: A brand-new character debuting in monthly coding challenges, offering students fresh opportunities to develop their coding skills.
    • New AI and Data Science Courses: Expanding beyond coding, these courses equip children with skills for the future, diving into artificial intelligence and data science at an accessible level.
    • BananaCast Podcast: A newly launched podcast that features interviews with educators, tech innovators, and thought leaders to explore the intersections of technology, education, and the future of work.
    • Merch Store: Teachers and students can now get CodeMonkey-branded swag, including classroom supplies and fun items that motivate kids to code.

    Award-Winning Leaders in EdTech

    In the past decade, CodeMonkey has earned numerous prestigious awards for its innovative approach to teaching computer science. These accolades serve as recognition of the platform’s impact on the education industry and its unwavering commitment to preparing children for a tech-driven future.

    Just this year alone, CodeMonkey has won multiple prestigious awards, including:

    • Educators Pick – Best of STEM® 2024 Award for Best AI Curriculum for Teaching and Learning
    • 2024 Overall Early Childhood Education Solution Provider of the Year
    • The Best Products for Elementary Kids 2024
    • The Best Educational Products in the World – 2024/25
    • The Best Middle School Products & The Best High School Products of 2024, I-LEARN Awards
    • 2024 Practical Homeschooling® i-Learn Award

    Social Responsibility

    Social responsibility is at the core of CodeMonkey’s mission. The company is committed to making coding accessible to all students, especially those from underserved communities. Through partnerships and grant programs, CodeMonkey has ensured that schools in need have access to its platform, meeting the requirements for federal funding under Titles I, II, and IV of the Every Student Succeeds Act (ESSA).

    In 2022, CodeMonkey partnered with the King of Bhutan and the Ministry of Education to bring its curriculum to students across Bhutan, further extending its reach to empower children globally, regardless of socioeconomic background.

    Looking Ahead

    With a bold mission to “Write Code. Catch Bananas. Save the World,” CodeMonkey is poised to lead the next wave of coding education. Through its continued innovation, dedication to social responsibility, and passion for engaging young learners, CodeMonkey is set to empower millions more children as they embark on their journeys into the world of technology.

    Here’s to the next 10 years of coding adventures, creativity, and problem-solving—one banana at a time!

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1673da7f-e835-411a-85f3-2bf486af1ec0

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d27af69-83d1-451c-bc09-85436b23b3db

    The MIL Network –

  • MIL-OSI: Danske Bank A/S, transactions by persons discharging managerial responsibilities

    Source: GlobeNewswire (MIL-OSI)

    24 September 2024

    Notification no. 94/2024

    Transactions made by persons obliged to report transactions to the Danish FSA and Nasdaq Copenhagen, cf. the EU Market Abuse Regulation.

    In connection with the share buy-back program in Danske Bank A/S, APMH Invest A/S continuously sells shares pro rata.

    For further details, please find the attached templates for notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

    Contact: Stefan Singh Kailay, Head of Media Relations, tel. +45 45 14 14 00

    Attachment

    The MIL Network –

  • MIL-OSI: AGF Partners with Archer to Support Rapid Growth of SMA Model Business

    Source: GlobeNewswire (MIL-OSI)

    TORONTO , Sept. 24, 2024 (GLOBE NEWSWIRE) — AGF Management Limited (TSX: AGF.B), is pleased to announce a partnership with Archer Holdco, LLC (“Archer”) to help further grow its Separately Managed Accounts (SMA) model business.

    AGF will leverage the technology capabilities and infrastructure of Archer, a leading technology-enabled service provider to the investment management industry.

    “We believe Archer will be a key partner as our SMA model business continues to gain momentum and we look to broaden our product offerings and onboard additional investment strategies throughout North America,” said Judy Goldring, President and Head of Global Distribution, AGF Management Limited. “While focusing on new opportunities, we will benefit from Archer’s expertise as they support our business with solutions aligned to meet our evolving needs and our continued growth.”

    “At Archer, we are committed to partnering with leading asset managers to help build their business through our customized service model,” said, Bryan Dori, President and CEO of Archer. “We look forward to developing our relationship with AGF as the firm leverages our expertise in operations and technology to grow and support their SMA presence.”

    Several leading investment strategies are currently available on the following SMA platforms: Envestnet Asset Management, Inc., Vestmark Advisory Solutions Inc. and SMArtX Advisory Solutions LLC.

    As well, the AGF Global Select ADR Constrained Strategy was recently named the winner in the Global category at the SMArtX 2024 X Awards* and AGF U.S. Large Cap Growth Equity Strategy was named a finalist in the Large Cap category.

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $50 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    About AGF Investments

    AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). The term AGF Investments may refer to one or more of these subsidiaries or to all of them jointly. This term is used for convenience and does not precisely describe any of the separate companies, each of which manages its own affairs.

    AGF Investments entities only provide investment advisory services or offers investment funds in the jurisdiction where such firm and/or product is registered or authorized to provide such services.

    About Archer

    Archer is a technology-enabled service provider that helps investment managers deliver solutions aligned with investor needs. With Archer, investment managers can maintain their proven investment process while outsourcing operations and technology to benefit from a service model geared for growth. Archer has expansive connectivity across the industry and deep experience working with asset managers to help them swiftly streamline operations, enter new distribution channels, and launch new products. 

    * SMArtX Awards Criteria and Methodology

    Candidates for the Awards are derived from the SMArtX Select List, which ranks asset managers using a proprietary quantitative screening based on a robust four-step methodology:

    1. Ability to generate alpha compared to the strategy peer group benchmark
    2. Favorable risk-adjusted returns that emphasize positive skew
    3. Effective downside and tail-risk management
    4. Consistent return generation

    The Awards calculations add an additional metric to this existing quantitative screening, namely performance exclusive to the full previous year. This year, 30 eligible strategies competed with winners ultimately chosen across 10 categories. These categories are grouped by market capitalization, geographic focus, and investment type.

    AGF Investments America Inc.’s AGF Global Select ADR Constrained Strategy was awarded SMARTX’s X award in the Global category on May 29, 2024. The award was a based on the SMARTX methodology above for the period ending December 31, 2023. AGFA’s AGF U.S. Large Cap Growth Equity Strategy was also a finalist in the Large Cap category.

    AGF Investments did not pay or provide compensation to participate in the SMArtX 2024 X Award ranking or to be included in the eligible strategies list.     

    Media Contact

    Amanda Marchment
    Director, Corporate Communications
    416-865-4160
    amanda.marchment@agf.com

    The MIL Network –

  • MIL-OSI: Draganfly Receives Military Purchase Order for its Commander 3XL to be used for logistics within various branches of the U.S. Department of Defense

    Source: GlobeNewswire (MIL-OSI)

    Commander 3XL to be used as a primary transport vehicle for the TB2 Aerospace DROPS UAV Cargo POD for autonomous tactical resupply

    Saskatoon Sask, Sept. 24, 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 that it has received a purchase order from TB2 Aerospace (TB2) for Commander 3XL Drones to be deployed with TB2 Drone Recharging Operational Payload System Pods (DROPS) within the DoD for various mission types. This order represents the beginning of the deployment and scaling of the DROPs system in conjunction with the Draganfly line of drones.

    The Commander 3XL will be utilized to carry out various logistics missions. The Commander 3XL is well suited as a transport vehicle, as is the entire Draganfly drone product line for TB2 Aerospace’s smart logistics PODs, as Draganfly Drones are interoperable, providing operators a variety of aircraft size, payload capacity and weight configurations that utilize common communication, counter electronic warfare options, mission planning software, accessories, payloads and more. TB2 Aerospace and Draganfly have collaborated to integrate TB2’s DROPS Pods on Draganfly’s drones, positioning Draganfly as a primary transport vehicle for TB2 Aerospace deployments within the DoD.

    “We are honored to be doing this exciting work with TB2 and to have been selected for this important work in the military logistics sector,” said Cameron Chell, CEO of Draganfly. “Draganfly thrives at working to provide exceptional capabilities by integrating our line of drones, experience, and technology stack into mission profiles and use cases with our commercial and military partners—and doing it within time frames and at costs that few others can.”

    “We chose Draganfly to be our launch and developmental partner as they have a fantastic series of UAVs,” said Hank Scott, CEO of TB2. “Their aircraft are very stable, easy to fly and set up, and we were impressed by the commonality between their three UAVs. Common controllers, batteries, motors, and parts mean that the DoD can train a Warfighter to operate three different-sized UAVs with a simple, standardized training package. The commonality and interchangeable components will reduce DoD operational and training costs, and standardize the supply chain. Adding the DROPS system will make each of their UAVs a Multi-Mission Payload capable system too. It’s a win-win.”

    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 can 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 www.draganfly.com. For additional investor information, visit:

    Media Contact Email: media@draganfly.com

    Company Contact Email: info@draganfly.com

    About TB2

    TB2 Aerospace from Golden, Colorado, USA is the developer the Drone Recharging Operational Payload System. This system enables a UAV to turn into a Multi-Mission Payload System capable of autonomously capturing, delivering, and recovering Cargo Pod and other payloads such as Weapons Systems and Ground Sensors without the need to place a Warfighter in harm’s way.

    Forward-Looking Statements

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to the purchase order positioning Draganfly as a primary transport vehicle for TB2 Aerospace deployments within the DoD. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network –

  • MIL-OSI: Alliance Trust PLC – Net Asset Value

    Source: GlobeNewswire (MIL-OSI)

    ALLIANCE TRUST PLC
                     
    At the close of business on Monday 23 September 2024:

    The Company’s NAV per ordinary share, valued on a bid price basis with Debt at Par, was

    –       excluding income, 1251.6p
                     
    –       including income, 1251.3p
      
    The Company’s NAV per ordinary share, valued on a bid price basis with Debt at Fair Value, was

    –       excluding income, 1257.5p

    –       including income, 1257.2p

    For further information, please contact: –

     
    Juniper Partners Limited
    Tel. +44 (0)131 378 0500

    Notes

    1. Net Asset Values are calculated in accordance with published accounting policies and AIC guidelines.
    2. The fair value of the Company’s fixed loan notes is calculated by reference to a benchmark gilt.
    3. The dividend of 6.62p, due to be paid on 27 September 2024, has been deducted from each of the ‘including income’ figures cited above as from 29 August 2024, being the date upon which the Company’s shares went ex-dividend.

    The MIL Network –

  • MIL-OSI: COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2024 EARNINGS DATE AND CONFERENCE CALL INFORMATION

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, TX, Sept. 24, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) plans to release its third quarter 2024 results on October 30, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on October 31, 2024 to discuss the third quarter results.  

    Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI25940ff3de024e45b06512519e9e6a64. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a timely connection to the call.

    ~~~

    The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL: https://edge.media-server.com/mmc/p/27pqb8gi.

    ~~~

    A replay of the third quarter 2024 conference call will be available for twelve months beginning at 1:00 p.m. CT on October 31, 2024. The replay of the conference can be accessed using the webcast link: https://edge.media-server.com/mmc/p/27pqb8gi.

    About Comstock Resources:

    Comstock Resources is a leading independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas.

    A slide show presentation on the financial results will be available on Comstock’s website at www.comstockresources.com. Click on “Quarterly Results” to view the slide show.

    The MIL Network –

  • MIL-OSI: Tyton Partners’ Listening to Learners Data Assesses Correlation Between Student Safety and Re-enrollment Decisions at Institutions

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Sept. 24, 2024 (GLOBE NEWSWIRE) — Today, Tyton Partners, a strategy consulting and investment banking firm focused on the education sector, unveiled Listening to Learners 2024: Stay Safe, Stay Informed: How Awareness of Support Services and Safety Relate to Re-enrollment, focusing on student learning outcomes. Following its widely cited debut last year, the second annual installment dives into the student perspective, linking it to institutional practices and technologies to spotlight impactful trends supporting student success in and outside the classroom.

    With data from 3,000 higher education administrators, frontline advising staff, and students, Listening to Learners 2024 offers an in-depth analysis across six pivotal areas: Safety, Learner Awareness, Basic Needs Costs, Generative AI, Stopped-out Learners, and the Equity-Excellence Imperative. These areas are critical in understanding and bridging gaps between what students need to succeed and institutional efforts.

    • Safety Concerns: Although rarely discussed during advising sessions, students are four times more likely to want to discuss safety issues as a topic than advisors, highlighting a disconnect that impacts re-enrollment.
    • Learner Awareness: Only 54% of institutions effectively communicate available student support services, underscoring an awareness gap that could significantly boost retention and re-enrollment rates. This gap is larger for students with disabilities and online students.
    • Basic Needs Costs: 60% of students cite the cost of course materials as a crucial factor in course selection, stressing the financial burdens impacting their academic choices.
    • Generative AI: 50% of students would continue using generative AI tools even if banned, indicating robust student interest in these technologies.
    • Stopped-out Learners: FAFSA delays have had disproportional effects on re-enrolled learners’ decisions to re-enroll and potentially transfer to a different college or university
    • Equity-Excellence Imperative: Despite having a perspective on which student populations are most at risk, 54% of academic advisors don’t know if student utilization of support services is tracked by at-risk sub-populations (e.g., students who are working while in school or from rural areas), suggesting a lack of targeted support.

    “At Tyton Partners, we believe deeply in the power of data to inform actionable insights,” said Catherine Shaw, Managing Director at Tyton Partners and lead author of Listening to Learners. “Through Listening to Learners, we aim to bridge the gap between student experiences and institutional strategies, fostering environments that support all aspects of student success, both in and outside the classroom.”

    “This research underscores the urgent need for higher education to equip learners with the skills for a lifelong learning journey,” said Dr. Cristi Ford, Vice President of Academic Affairs at D2L. “As people live and work longer, the traditional three-stage model of education, employment, and retirement must transform into a continuous cycle of learning and earning.”

    This year’s research, supported by the Bill & Melinda Gates Foundation, D2L, and Lumina Foundation, highlights the critical need for educational institutions to align more closely with student needs. By bridging this gap, we can not only enhance equity and effectiveness within the educational landscape but also pave the way for innovative practices that will shape the future of learning.

    Read Listening to Learners 2024 here.

    About Tyton Partners
    Tyton Partners is the leading provider of strategy consulting and investment banking services to the global knowledge and information services sector. With offices in Boston and New York City, the firm has an experienced team of bankers and consultants who deliver a unique spectrum of services from mergers and acquisitions and capital markets access to strategy development that helps companies, organizations, and investors navigate the complexities of the education, media, and information markets. Tyton Partners leverages a deep foundation of transactional and advisory experience and an unparalleled level of global relationships to make its clients’ aspirations a reality and to catalyze innovation in the sector. Learn more at tytonpartners.com.

    The MIL Network –

  • MIL-OSI: Paycor Unveils Innovative Features to Redefine Time-Off Management

    Source: GlobeNewswire (MIL-OSI)

    CINCINNATI, Sept. 24, 2024 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced a suite of innovative features designed to transform time-off management for the modern workforce. These cutting-edge additions to Paycor’s HCM platform streamline time-off operations through automation, real-time visibility and proactive controls to drive efficiency and promote employee well-being.

    “It’s so important for workers to feel in control of their time, and Paycor’s new time-off features help leaders address this pain point,” said Ryan Bergstrom, Chief Product & Technology Officer at Paycor. “Our new experience helps workers unplug, empowers employees and leaders to take control of time-off management, reduces stress, and ensures smooth operations. We’re proud to offer flexible solutions that not only meet the needs of today’s workforce but also set a new standard for the future of work.”

    Key benefits include:

    Better Insights & Visibility to Help Leaders Make Decisions
    Paycor now offers seamless integration of time-off requests with scheduling, providing leaders with real-time visibility of these requests while building schedules. This feature allows for enhanced productivity and coordination through comprehensive visibility into time-off schedules for employees and leaders. Seamless integration across our ecosystem through APIs and data streams, including automatic syncing to cloud-based calendars, ensures accurate and up-to-date information.

    Faster Communication and Approvals
    Time Off Advisor provides employees with peak time visibility through blackout dates and balance forecasting, enabling better planning and communication with managers for time-off planning. Within this module, leaders can establish predefined criteria for automatically approving or denying time off requests. Additionally, managers can conveniently manage approvals on-the-go through preferred methods, such as the mobile app or email.

    Prevent Burn-out and Encourage Time Away
    Paycor Paths offers bite-sized training to empower leaders to recognize and prevent causes of burnout while easily accessing time-off balances and requests to identify potentially at-risk employees via the COR Leadership Dashboard.

    Paycor has received several accolades for these enhancements, including “Best Advance in Time” and “Best Advancement in Online Coaching Tools” from Brandon Hall Group and “Business Intelligence Solution” from Titan Business Awards.

    To learn more about how our time experience can streamline operations and provide flexibility to your workforce, visit Paycor Time & Attendance.

    About Paycor 
    Paycor’s human capital management (HCM) platform modernizes every aspect of people management, from recruiting, onboarding, and payroll to career development and retention, but what really sets us apart is our focus on leaders. For more than 30 years, we’ve been listening to and partnering with leaders, so we know what they need: a unified HR platform, easy integration with third party apps, powerful analytics, talent development tools, and configurable technology that supports specific industry needs. That’s why more than 30,000 customers trust Paycor to help them solve problems and achieve their goals. Learn more at paycor.com. 

    Media Relations:
    Carly Pennekamp
    513-954-7282
    PR@paycor.com

    Investor Relations:
    Rachel White
    513-954-7388
    IR@paycor.com

    The MIL Network –

  • MIL-OSI: hlpy Raises 18 Millions Euros and Goes Shopping in Europe

    Source: GlobeNewswire (MIL-OSI)

    Acquisition of German HESA Solutions GmbH – MySchleppApp

    Nextalia SGR and Alkemia Capital SGR lead the Series B round of the Italian scale-up in the digital motor assistance sector

    MILAN, Sept. 24, 2024 (GLOBE NEWSWIRE) — hlpy, the leading Italian scale-up in full digital services for mobility and vehicle assistance, has successfully completed a capital raise of 18 million euros aimed at strengthening its growth process in major European markets and acquiring a leading operator in Germany in digital roadside assistance: HESA Solutions GmbH – MySchleppApp.

    The operation was co-led by Nextalia SGR through the Nextalia Venture fund and the current partner Sinergia Venture Fund of Alkemia Capital SGR, with the participation of all major shareholders of hlpy, including The Techshop SGR, CDP Venture Capital – fondo Corporate Partners I, ServiceTech, and Simest. The Series B consists of 80% capital increase and 20% long-term financing provided by credit institutions.

    Thanks to this financial injection, hlpy accelerates its international expansion plan and announces its first M&A operation in Europe with the acquisition of 100% of the capital of HESA Solutions GmbH, commercially known as MySchleppApp, one of the leading digital roadside assistance companies in Germany and Austria, with annual growth rates exceeding 130%.

    The acquisition of MySchleppApp allows hlpy to consolidate its position as the primary European operator of full-digital roadside assistance, offering its services not only in Italy, France, and Spain but also in Germany and Austria. These services include assistance, repair, and vehicle maintenance through the use of a software platform based on machine learning and artificial intelligence.

    MySchleppApp delivers its services through a network of over 1,500 partners on the ground, with operations and a technology platform that integrate well with hlpy’s.

    Since its market entry in February 2021, hlpy has handled over 550,000 assistance requests and, following the acquisition, expects to triple the volumes of fiscal year 2023, projecting a positive EBITDA.

    “This operation,” explained Valerio Chiaronzi, CEO of hlpy, “supported by leading investors, strengthens hlpy’s leadership in the European market for digital car assistance. The capital increase reflects our shareholders’ confidence in hlpy’s growth path, which recorded a revenue increase of 157% in 2023 compared to 2022, and this year will also grow by triple digits. Despite exponential organic growth, we saw the opportunity presented by MySchleppApp as the right one to seize to enter an important market like Germany and clearly mark our growth trajectory and future: to become a leader in mobility services, redefining the rules and standards in roadside assistance, as well as in vehicle repair and maintenance, without any geographical limits. We are excited to welcome the MySchleppApp team, with whom we have formed a unique synergy from day one, thanks to shared corporate values, an operational model, and a technological approach aligned with our vision.

    “We also believe that the integration of our realities can bring concrete benefits to our business partners – many of whom are common and cross-country – who, post- integration, will have a holistic view of their vehicles and drivers in multiple countries.”

    “We are proud and excited to join the hlpy group,” added Santosh Satschdeva, CEO of HESA Solutions GmbH. “The integration between hlpy and MySchleppApp represents the union of two of the most technologically advanced entities in the vehicle assistance sector in Europe, with the common goal of providing our commercial partners and drivers with a superior customer experience, while also reducing operational costs and vehicle downtime. Together, we can expand a unique service model without any geographical barriers, accelerating the growth of the network and customer base.”

    hlpy was born in Milan in May 2020 with the aim of reinventing vehicle assistance. Thanks to its innovative digital platform, hlpy aims to create value for insurance companies, car manufacturers, rental companies, rescue operators, and, above all, to make the service more reliable and secure for end users.

    HESA Solutions GmbH, with its brand MySchleppApp, was founded in Germany in 2016. The business focus is on roadside assistance and support in the event of vehicle breakdowns. MySchleppApp’s approximately 75 clients include automobile manufacturers, fleet managers, and leasing companies. Its strength lies in the fully digital management of rescue requests, with a highly efficient rescuer engagement process and short waiting times for customers.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d353f255-eab3-4f97-a5a1-42b5c4afa297
    https://www.globenewswire.com/NewsRoom/AttachmentNg/981a26b8-8423-4573-990b-2366331b2c2a

    The MIL Network –

  • MIL-OSI: TowneBank and Village Bank and Trust Financial Corp. Announce Agreement to Merge

    Source: GlobeNewswire (MIL-OSI)

    SUFFOLK, Va. and MIDLOTHIAN, Va., Sept. 24, 2024 (GLOBE NEWSWIRE) — Hampton Roads based TowneBank (NASDAQ: TOWN) and Village Bank and Trust Financial Corp. (NASDAQCM: VBFC) (“Village”), the parent company of Village Bank, today announced the signing of a definitive agreement and plan of reorganization pursuant to which TowneBank will acquire Village and Village Bank. The proposed transaction will enhance TowneBank’s continued and growing presence in the Richmond MSA while providing opportunity for diverse revenue synergies with Towne Financial Services Group and strategic capital deployment.

    “Our TowneBank family is humbled and excited to partner with Village Bank and its team members,” said G. Robert Aston, Jr., Executive Chairman of TowneBank. “We believe our partnership can bring additional products and expanded services to the clients of Village Bank while meaningfully enhancing our Richmond presence, which is core to our franchise and future growth.”

    “We’re excited to partner with TowneBank,” said Jay Hendricks, President and Chief Executive Officer of Village. “This merger is not just a business decision but a strategic move to enhance the value we deliver to our customers. This partnership will give us the ability to continue to meet our customers’ banking needs with greater resources and products while providing increased opportunities for our employees.” 

    Based on financials reported as of June 30, 2024, the combined companies would have total assets of $17.8 billion, loans of $12.1 billion and deposits of $14.9 billion. Under the terms of the agreement, shareholders of Village will receive $80.25 per share in cash for each share of Village outstanding common stock. This corresponds to an aggregate transaction value of approximately $120.0 million, based on Village common stock currently outstanding.

    TowneBank expects the transaction to be approximately 6% accretive to earnings per share with fully phased-in cost savings on a GAAP basis.

    In consideration of the transaction, extensive due diligence was performed by the management teams of TowneBank and Village. The definitive agreement was approved by the boards of directors of TowneBank and Village. The transaction is expected to close in the first half of 2025 and is subject to customary conditions, including regulatory approval, as well as the approval of Village’s shareholders.

    Piper Sandler & Co. served as the financial advisor and Troutman Pepper Hamilton Sanders LLP served as legal counsel to TowneBank in the transaction. Janney Montgomery Scott served as the financial advisor and Williams Mullen served as legal counsel to Village in the transaction.

    About TowneBank:
    Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences.

    Today, the bank operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. TowneBank offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. TowneBank has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $17.1 billion as of June 30, 2024, TowneBank is one of the largest banks headquartered in Virginia.

    About Village Bank and Trust Financial Corp.
    Headquartered in Midlothian, Virginia, Village Bank and Trust Financial Corp. is the holding company for Village Bank. Village Bank was founded in 1999 and operates nine branch offices serving the greater Richmond Metropolitan area and Williamsburg, Virginia. Village Bank and Trust Financial Corp. had total assets of $747.7 million as of June 30, 2024. Additional information is available at the company’s website, http://www.villagebank.com.

    Media contact:
    G. Robert Aston, Jr., Executive Chairman, TowneBank, 757-638-6780
    William I. Foster III, Chief Executive Officer, TowneBank, 757-417-6482
    James E. Hendricks Jr., Chief Executive Officer, Village Bank and Trust Financial Corp., 804-419-1253

    Investor contact:
    William B. Littreal, Chief Financial Officer, TowneBank, 757-638-6813
    Deborah M. Golding, Vice President, Village Bank and Trust Financial Corp., 804-897-3900

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts, but instead represent only the beliefs, expectations, or opinions of TowneBank and Village and their respective management teams regarding future events, many of which, by their nature, are inherently uncertain and beyond the control of TowneBank and Village. Forward-looking statements may be identified by the use of such words as: “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional terms, such as “will,” “would,” “should,” “could,” “may,” “likely,” “probably,” or “possibly.” These statements may address issues that involve significant risks, uncertainties, estimates, and assumptions made by management, including statements about (i) the benefits of the transaction, including future financial and operating results, cost savings, enhancement to revenue and accretion to reported earnings that may be realized from the transaction and (ii) TowneBank’s and Village’s plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts. In addition, these forward-looking statements are subject to various risks, uncertainties, estimates and assumptions with respect to future business strategies and decisions that are subject to change and difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Although TowneBank’s and Village’s respective management teams believe that estimates and assumptions on which forward-looking statements are based are reasonable, such estimates and assumptions are inherently uncertain. As a result, actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.

    The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the business of Village and Village Bank may not be successfully integrated into TowneBank, or such integration may take longer, be more difficult, time-consuming or costly to accomplish than expected; (2) the expected growth opportunities or cost savings from the transaction may not be fully realized or may take longer to realize than expected; (3) deposit attrition, operating costs, customer losses and business disruption following the transaction, including adverse effects on relationships with employees and customers, may be greater than expected; (4) the regulatory approvals required for the transaction may not be obtained on the proposed terms or on the anticipated schedule; (5) the shareholders of Village may fail to approve the transaction; (6) economic, legislative or regulatory changes, including changes in accounting standards, may adversely affect the businesses in which TowneBank and Village are engaged; (7) competitive pressures in the banking industry that may increase significantly; (8) changes in the interest rate environment that may reduce margins and/or the volumes and values of loans made or held as well as the value of other financial assets held; (9) an unforeseen outflow of cash or deposits or an inability to access the capital markets, which could jeopardize TowneBank’s or Village’s overall liquidity or capitalization; (10) changes in the creditworthiness of customers and the possible impairment of the collectability of loans; (11) insufficiency of TowneBank’s or Village’s allowance for credit losses due to market conditions, inflation, changing interest rates or other factors; (12) adverse developments in the financial industry generally, such as the recent bank failures, responsive measures to mitigate and manage such developments, related supervisory and regulatory actions and costs, and related impacts on customer and client behavior; (13) general economic conditions, either nationally or regionally, that may be less favorable than expected, resulting in, among other things, a deterioration in credit quality and/or a reduced demand for credit or other services; (14) weather-related or natural disasters, acts of war or terrorism, or public health events (such as the COVID-19 pandemic); (15) changes in the legislative or regulatory environment, including changes in accounting standards and tax laws, that may adversely affect TowneBank’s or Village’s businesses; (16) cybersecurity threats or attacks, whether directed at us or at vendors or other third parties with which we interact, the implementation of new technologies, and the ability to develop and maintain reliable electronic systems; (17) competitors may have greater financial resources and develop products that enable them to compete more successfully; (18) changes in business conditions; (19) changes in the securities market; and (20) changes in the local economies with regard to TowneBank’s and Village’s respective market areas.

    Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in TowneBank’s reports (such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K) filed with the Federal Deposit Corporation (“FDIC”) and Village’s reports (such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K) filed with the U.S. Securities and Exchange Commission (“SEC”). TowneBank and Village undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise.

    Additional Information
    This press release does not constitute a solicitation of any vote or approval. Village will deliver a definitive proxy statement to its shareholders seeking approval of the transaction and related matters. In addition, each of TowneBank and Village may file other relevant documents concerning the proposed transaction with the FDIC and SEC.

    Investors, TowneBank shareholders and Village shareholders are strongly urged to read the definitive proxy statement regarding the proposed transaction when it becomes available and other relevant documents filed with the FDIC and SEC, as well as any amendments or supplements to those documents, because they will contain important information about TowneBank, Village and the proposed transaction. Free copies of the definitive proxy statement, as well as other filings containing information about Village, may be obtained after their filing at the SEC’s website (http://www.sec.gov). In addition, free copies of the definitive proxy statement, when available, also may be obtained by directing a request by telephone or mail to Village Bank and Trust Financial Corp., 13319 Midlothian Turnpike, Midlothian, Virginia 23113, Attention: Investor Relations (telephone: (804) 897-3900), or by accessing Village’s website at https://www.villagebank.com under “About Us Investor Relations.” The documents described above also may be obtained by directing a request by telephone or mail to TowneBank, 6001 Harbour View Boulevard, Suffolk, Virginia 23425, Attention: Investor Relations (telephone: (757) 638-6794), or by accessing TowneBank’s website at https://townebank.com under “Investor Relations.” The information on TowneBank’s and Village’s websites is not, and shall not be deemed to be, a part of this presentation or incorporated into other filings either company makes with the FDIC or SEC.

    TowneBank, Village, and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Village in connection with the proposed transaction. Information about the directors and executive officers of Village and other persons who may be deemed participants in the solicitation, including their interests in the transaction, will be included in the proxy statement when it becomes available. Information about TowneBank’s directors and executive officers can be found in TowneBank’s definitive proxy statement in connection with its 2024 annual meeting of shareholders, filed with the FDIC on April 11, 2024. Additional information about Village’s directors and executive officers can be found in Village’s definitive proxy statement in connection with its 2024 annual meeting of shareholders filed with the SEC on April 9, 2024. Free copies of each document may be obtained as described in the preceding paragraph.

    The MIL Network –

  • MIL-OSI: QuestionPro Announces Fall Xday 2024 North America Lineup

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) — QuestionPro, a global leader in online survey and research services today announced the agenda and speaker lineup for its annual customer event, XDay 2024 North America. The event takes place Thursday, October 3, 2024 from 9:00 a.m. – 5:00 p.m. (U.S. Central Time) at the Thompson Austin in Austin, Texas. The event features keynotes, in-depth panels, and one-to-one chats with industry leaders on a range of topics related to the future of insights, experience, and delight.

    The day begins with opening remarks from Vivek Bhaskaran, QuestionPro’s founder and CEO, whose irreverent personality is combined with deep industry knowledge and vision. He will unveil exciting new products and feature updates across QuestionPro product lines and set the stage for a day of innovation and inspiration.

    Bhaskaran is followed immediately by the morning keynote from Dr. Dipul Patadia, a visionary healthcare executive with over 20 years of experience of leadership, innovation and insights. As the Head of Health System Strategy and Innovation at Salesforce, he has been pivotal in aligning technology with the unique needs of health systems. His extensive background, including roles as Chief Medical Officer at hospitals within Ascension and Advocate Health, uniquely equips him with insights into the melding of data, and new trends.

    Attendees will benefit from his leadership in national healthcare organizations and advisory roles with multiple healthcare startups. Expect to gain actionable insights into transforming your data, AI-driven empowerment, and leading with human centric data.

    Following the morning keynotes will be a series of practitioner-led breakouts featurimg experts who have held senior roles at some of the most recognized brands in the world, including: Microsoft, Twitch, HubSpot, Cost Plus World Market and others. Panels, workshops and keynotes will cover workplace experience; AI in research and experience; deep dives on CX and many others. A full agenda is available via the web at: https://www.questionpro.com/xday/2024/

    The afternoon keynote address will be delivered by Tim Sanders, currently the Vice President of Research Insights at G2. He brings a deep understanding of AI, digital transformation, and customer-centric strategies after serving as Vice President of Client Strategy at Upwork and many other prestigious institutions. As an Executive Fellow at Harvard’s Digital Data Design Institute, he drives AI adoption and data-driven business decisions. With a rich history at Yahoo and a bestselling author, Tim’s insights on leadership, digital transformation, and change management are not to be missed.

    The event concludes with a rooftop dinner reception at Arriba Abajo, on top of the Thompson Hotel. Arriba Abajo beckons guests with its unique blend of cantina concept and elevated hospitality while captivating guests with its awe-inspiring rooftop patio and pool.

    The event is open to the public. Information and registration are available online at:
    https://www.questionpro.com/xday/2024/.

    About QuestionPro:
    Founded in 2006, QuestionPro is a global provider of online survey and research services that help companies make better decisions through data. Our fully integrated online platform includes surveys, research & insights, customer experience (CX) and workforce/employee experience software. We additionally offer polling, journey mapping, employee 360s, and data visualization. Our clientele ranges from small businesses to Fortune 100 companies, who rely on us for insights about customers, employees, and the marketplace. With offices in the US, Canada, Mexico, U.K., Germany, Japan, Australia, the United Arab Emirates and India, we offer customers 24-7 access to highly trained support specialists and engineers. More information is available at www.questionpro.com.

    The MIL Network –

  • MIL-OSI: DocNetwork Achieves SOC 2 Type 2 Certification for CampDoc and SchoolDoc Platforms

    Source: GlobeNewswire (MIL-OSI)

    ANN ARBOR, Mich., Sept. 24, 2024 (GLOBE NEWSWIRE) — DocNetwork announced that it has successfully completed a SOC 2 Type 2 audit for its CampDoc and SchoolDoc platforms, reinforcing its commitment to the highest standards of data security and privacy.

    After completing their SOC 2 Type 1 and HIPAA audits in April 2024, Sensiba LLP completed a new audit to affirm that DocNetwork’s information security practices, policies, procedures, and operations meet the Service Organization Control (SOC) 2 standards for security, availability, processing integrity, confidentiality, and privacy over a period of time.

    SOC 2 Type 2 and HIPAA are the gold standard for data security and privacy, ensuring companies handle data responsibly. Completing these audits marks a significant milestone for DocNetwork, and sets their software apart from competitors. CampDoc is the only camp management software to achieve SOC 2 Type 2 and HIPAA certification, and SchoolDoc is the only school Electronic Health Record (EHR) software to achieve SOC 2 Type 2 and HIPAA certification.

    As camps and schools continue to rely on external vendors for essential operations, it is vital they trust and understand the software systems they use. DocNetwork’s independent security validation helps safeguard the Personal Identifiable Information (PII) and Protected Health Information (PHI) of campers, students, and staff.

    “Achieving SOC 2 Type 1 and HIPAA certification was an important milestone, but progressing to SOC 2 Type 2 demonstrates our ongoing commitment to rigorous privacy and security standards,” said Dr. Michael Ambrose, Founder and CEO of DocNetwork. “This achievement reinforces our dedication to protecting the camps and schools we serve, ensuring their confidence in our continuous efforts toward compliance and data protection.”

    CampDoc and SchoolDoc offer the most comprehensive solution to help ensure the health and safety of children while they are away from home. DocNetwork is trusted by over 1,250 programs across all 50 states and internationally, including traditional day and residential camps, YMCAs, Jewish Community Centers (JCCs), Girl Scouts, Boy Scouts, parks and recreation facilities, colleges and universities, and K-12 public, private, and charter schools.

    Camps and schools should visit www.campdoc.com or www.schooldoc.com for more information.

    About DocNetwork
    DocNetwork is an international, comprehensive electronic health record system, offering solutions to improve efficiency and maximize safety in camps, schools, and businesses. A collaborative effort between doctors, nurses, camp and school directors, and business owners, DocNetwork helps organizations manage health forms, allergies, medications, immunizations, and illness and injury tracking. DocNetwork also offers online registration, travel and emergency medical protection, emergency text message alerts, check-in, and attendance. For more information about DocNetwork and web-based health management, please visit www.campdoc.com, www.schooldoc.com, or call 734-619-8300.

    Contact:
    Michael Ambrose, M.D.
    DocNetwork
    734-619-8300
    michael@docnetwork.org

    The MIL Network –

  • MIL-OSI: Tuya Smart Selects Cerence to Provide Multi-Lingual Text-to-Speech for its Two-Wheeler Developer Platform

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Tuya Smart (NYSE: Tuya, HKEX: 2391), a global cloud platform service provider, is partnering with Cerence to provide multi-lingual text-to-speech (TTS) for its cloud developer platform designed specifically for two-wheeled vehicles, including motorcycles, e-bikes, and more.

    Tuya’s cloud developer platform provides its customers – in this case, the more than 100 two-wheeler manufacturers using the “Works with Smart Life” app – with a complete set of smart solutions, including apps, cloud capabilities, hardware, and more. Tuya will integrate Cerence TTS into its cloud developer platform designed for two-wheeler solutions, which will further enable riders to request and hear via voice real-time riding speed, riding time, battery information, phone and text messages, etc., making each ride safer and more enjoyable. In the future, the companies will partner to bring additional Cerence solutions to Tuya’s cloud developer platform, further enhancing voice-powered interaction for two-wheeler riders.

    “As voice-powered interaction continues to gain relevance and usage among consumers, it only makes sense that we would enhance our offerings with voice capabilities,” said Tony Kong, General Manager of Outdoor Business Department, Tuya Smart. “By leveraging Cerence’s industry-leading TTS, we bring best-in-class technology to our customers looking to enhance the two-wheeler rider experience with improved safety and functionality.”

    “Two-wheelers continue to present an exciting opportunity for Cerence to expand its industry-leading innovation to new areas of transportation,” said Nils Schanz, Chief Product Officer, Cerence. “We look forward to expanding the reach of our two-wheeler solutions, and transforming the rider experience, by partnering with Tuya to reach developers driving innovation within two-wheeler manufacturers.”

    To learn more about Cerence, visit www.cerence.com, and follow the company on LinkedIn.

    About Cerence Inc.
    Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world’s leading automakers and mobility OEMs, it is helping advance the future of connected mobility through intuitive, AI-powered interaction between humans and their vehicles, connecting consumers’ digital lives to their daily journeys no matter where they are. Cerence’s track record is built on more than 20 years of knowledge and 500 million cars shipped with Cerence technology. Whether it’s connected cars, autonomous driving, e-vehicles, or two-wheelers, Cerence is mapping the road ahead. For more information, visit www.cerence.com.  

    About Tuya Smart
    Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading cloud platform service provider with a mission to build a smart solutions developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built cloud developer platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and smart solutions for developers of smart device, commercial applications, and industries. Through its cloud developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI Agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness.

    Contact Information
    Kate Hickman | Tel: 339-215-4583 | Email: kate.hickman@cerence.com

    The MIL Network –

  • MIL-OSI: DISQO Holiday Advertising Insights: Consumers Embrace Early Shopping Opportunities and New Discovery Tools

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) — Today, DISQO released its 2024 Holiday Advertising report, offering marketers actionable insights into consumer holiday shopping behaviors and advertising preferences. Shoppers today have more options than ever for purchasing, discovery, and engagement. Understanding these shifts is critical for brands seeking to effectively tailor their strategies, break through the noise, and drive meaningful connections that influence purchasing decisions.

    DISQO’s new report underscores the increasing importance of employing omnichannel strategies, embracing test-and-learn approaches, and innovating advertising to capture consumers throughout their shopping journey. DISQO asked over 3,000 US members of its 100% owned and opted-in audience of 2.3M people about their 2024 holiday shopping plans. The results are balanced and weighted to the US population on gender, household income, and age.

    Key insights from the report reveal:

    • Holiday shopping is starting earlier: 52% of holiday shoppers plan to begin before November, with almost one-fifth (18%) starting before October.
    • Enabling an omnicommerce shopping journey is essential: 45% of shoppers plan to shop both in-person and online equally this year.
    • Retail media and interactive ads are gaining traction: 87% of shoppers said they had seen a seasonal ad on a retail platform that led to a purchase, while 41% said they were likely to engage with interactive ads offering exclusive holiday deals.
    • Social media drives holiday purchases: 76% of shoppers said they had purchased a product after seeing a holiday ad on a social platform, with Facebook, YouTube, and Instagram leading the way.
    • Cost and convenience win: 61% of shoppers found “free shipping” the most appealing message, and 51% were drawn to budget-friendly offers.
    • Gen Z leads in-store Black Friday shopping: 52% of Gen Z shoppers said they plan to shop in person on Black Friday, offering brands a key opportunity for in-store engagement.

    “As the holiday shopping season shifts earlier and spans across more platforms, it’s crucial for marketers to adopt a data-driven approach,” said Stephen Jepson, President, Media Effectiveness at DISQO. “To stay at the top of consumer’s wish lists, brands and retailers must continuously test campaign timing, messages, and channels, and invest in cross-platform measurement that breaks through siloed walls.”

    About DISQO

    DISQO is building the most trusted experience platform that fuels brand growth. DISQO powers smart business decisions by helping clients measure every customer, touchpoint, and outcome. DISQO’s identity-based ad measurement and audience products are powered by millions of consumers on the industry’s largest opt-in consumer data platform. DISQO is recognized in Deloitte’s Fast 500 and Ad Age’s Best Places to Work, and has won ad measurement awards from Digiday and Cynopsis Media. Follow @DISQO on LinkedIn.

    Media Contacts
    Stacy Perrus
    stacy.perrus@disqo.com

    The MIL Network –

  • MIL-OSI: SIOS Technology Releases LifeKeeper for Linux Version 9.9.0 with Enhanced Disaster Recovery and Performance Optimization

    Source: GlobeNewswire (MIL-OSI)

    SAN MATEO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) —  SIOS Technology Corp., a leading provider of application high availability (HA) and disaster recovery (DR) solutions, today announced the immediate release of SIOS LifeKeeper for Linux version 9.9.0. This latest version introduces advanced DR features, including synchronous and asynchronous data mirroring, intelligent failover mechanisms, enhanced security management, expanded language support, and additional Linux operating system compatibility.

    As enterprise applications and databases become increasingly critical to business operations, the need for robust HA/DR solutions has never been more vital. IT administrators are tasked with the challenging responsibility of ensuring continuous uptime and safeguarding against data loss, all while managing complex infrastructures and evolving security threats.

    “Our latest release offers the flexibility to tailor HA replication strategies to meet specific needs while automating failover and ensuring reliable restoration processes,” said Masahiro Arai, COO of SIOS Technology. “By eliminating complex manual steps, we ensure faster recovery times and maintain data consistency across all environments, saving both time and reducing the potential for human error.”

    Key Features of SIOS LifeKeeper for Linux 9.9.0, include:

    Advanced Disaster Recovery Protection:

    • Fully automated failover to DR nodes across different AWS regions or availability zones via WAN.
    • Flexibility to create both synchronous and asynchronous replication for geographically separated DR sites.
    • Automatic failover with no need for time-consuming data resynchronization.
    • Subscription add-on available to optimize DR performance and data integrity based on application-specific needs. Supported OS for this add-on are: RHEL 8.9/8.10, RHEL 9.3/9.4, SLES 15SP4/15SP5.

    Intelligent Failover for Added Reliability:

    • In a three-node cluster, SIOS automatically checks the status of secondary and tertiary nodes, ensuring a seamless failover to the tertiary node, if necessary.
    • Fast and efficient failover processes that guarantee system integrity.
    • Added redundancy protection with multiple paths and resources to eliminate single points of failure.

    Updated Security Management:

    • Enhanced security, maintainability, and access control.
    • IT administrators can now grant elevated permissions to users without compromising security by using personalized access credentials. This provides better traceability on SAP/HANA-related operations so they can review the activities from a security perspective.

    Expanded Language Support:

    • The SIOS LifeKeeper Web Management Console now supports German and Korean, in addition to Japanese and English.
    • Single Server Protection can now be managed through the updated Web Management Console.

    Additional Linux Operating System Support:

    • Support for Alma Linux and Amazon Linux 2023.

    Availability:
    SIOS LifeKeeper for Linux version 9.9.0 is now available. More information can be found here: https://us.sios.com/products/sios-lifekeeper-linux/

    About SIOS Technology Corp.

    SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data – protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

    SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

    Media Contact:

    Beth Winkowski
    Winkowski Public Relations, LLC for SIOS
    978-649-7189
    bethwinkowski@US.SIOS.com

    The MIL Network –

  • MIL-OSI: Enphase Brings IQ Battery to India, Offering Energy Independence Amid Outages

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., Sept. 24, 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 the launch of its most powerful Enphase® Energy System™ to-date, featuring the new IQ® Battery 5P™ and IQ8™ Microinverters, for customers in India.

    India’s power grid is among the most challenging in the world, with frequent outages disrupting daily life for many households. The new Enphase Energy System transforms this situation by enabling uninterrupted, reliable backup power. Key components of the system include:

    • IQ Battery 5P: Enphase’s most powerful home battery yet, designed for modularity. Starting at 5 kWh, it can scale up to 40 kWh to meet varying home energy needs. With 3.84 kW continuous power and 7.68 kW peak power for short bursts, it enables homeowners to run even the most power-hungry appliances during outages. Built with advanced lithium iron phosphate (LFP) chemistry, the battery offers enhanced safety and significantly less maintenance compared to the widely used lead-acid batteries in India.
    • IQ®System Controller: The controller (or backup switch) isolates the home from the grid during outages, allowing seamless power supply from Enphase’s solar and IQ Battery 5P systems. The transition is instant, so most homeowners won’t even know there was an outage.
    • IQ®Microinverters: Homeowners can choose between IQ7 or IQ8 Microinverters. The IQ8HC™ and IQ8P™ Microinverters, launched in India last year, deliver peak AC output power of 384 W and 480 W, respectively, and seamlessly pair with solar panels up to 670 W DC. IQ8 Microinverters are grid-forming and feature Enphase’s Sunlight Jump Start™, allowing the system to restart using sunlight after a prolonged grid outage that drains the battery.

    “The launch of the IQ Battery 5P marks a significant milestone for India,” said Harsha Kuntur, managing director at Ecosoch Solar. “These are some of the most advanced batteries, with built-in smart inverters that integrate seamlessly into Enphase’s ecosystem, providing complete control over both critical and non-critical loads. Homeowners can optimize energy use and ensure resilience, even under high demand. Scalable and future-ready, they allow power export to the grid during non-solar hours. With a long warranty and a durable design that eliminates any single point of failure, these batteries set a new standard in energy solutions for Indian homes.”

    “Our customers are increasingly looking for energy independence, and the Enphase Energy System, powered by the new IQ Battery 5P, delivers just that,” said Rakshith Talanki, director at SunPV Energy Pvt. Ltd. “The system’s flexibility and advanced technology, including the IQ8 Microinverters, enable us to provide solutions that are not only reliable but also scalable for future growth. This gives homeowners the confidence to power through outages and reduce their reliance on the grid.”

    Homeowners can use the Enphase® App to monitor performance and intelligently manage their battery systems, including the self-consumption feature to minimize grid electricity use. The App also offers homeowners the ability to disconnect from the grid entirely and reconnect with ease, all with just a few taps when desired. Enphase provides 24/7 customer support and industry-leading warranties, including a 15-year limited warranty—extendable up to 25 years—on IQ8 Microinverters and a 15-year limited warranty on IQ Batteries activated in India. Both limited warranties require the installation of an IQ® Relay device. The IQ Relay is integrated into the IQ System Controller for systems with IQ Batteries.

    “Homeowners prioritize reliability and safety when selecting a home energy system,” said Thejas Babu, director at Thapas Energy. “The Enphase Energy System with the IQ Battery 5P is designed to provide exceptional reliability, safety, and performance, enabling homeowners to effectively harness solar power for their daily energy needs.”

    “At Enphase, we strive to provide world-class technology for homeowners and businesses to support their energy needs,” said Mehran Sedigh, senior vice president of sales at Enphase Energy. “As India aims to increase its clean energy generation, we’re proud to work with our installer network across the country to equip homeowners with smart, safe, and powerful solar and battery products.”

    Distributors and installers in India can now place pre-orders for the IQ Battery 5P, with shipments to installers expected to begin in December. For more information about the IQ Battery 5P in India, please visit the Enphase website.

    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 Energy, Enphase, the “e” logo, IQ, IQ8, Solargraf, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products in India, including safety, quality and reliability; and the availability and market adoption of Enphase products in India. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

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    The MIL Network –

  • MIL-OSI: Aurora Information Technology joins Softlink Information Centres

    Source: GlobeNewswire (MIL-OSI)

    BRISBANE, Australia, Sept. 24, 2024 (GLOBE NEWSWIRE) — Softlink Information Centres, a Volaris Group company, has acquired Aurora Information Technology (AIT), developer of library automation software used in public and special libraries. Their flagship product, Aurora Library Management System (LMS), is based on Aurora Montage – a patron web catalogue. This year, a new, cloud-based library staff solution called Aurora Astria was introduced to the market.

    AIT was established in the late 1990s. Co-founders, Doug Coulson and Martin Fisk, designed and developed the product.

    “It took us almost one year to build Aurora software to the point of winning business. Our first customer was the Royal Blind Society (NSW) which over time became part of Vision Australia.  AIT is now providing software for Vision Australia’s major digital transformation project. With software capabilities for Libraries for the Blind, we also won business with national organisations in New Zealand and South Africa.” Doug Coulson, AIT Co-founder.

    Today, Aurora is found in large and small public libraries, predominantly in Australia. This includes the Rural Libraries Queensland network, managed by the State Library of Queensland. The solution supports the delivery of a centralised catalogue and networked library services throughout the State.

    For more than 10 years, AIT has donated Aurora LMS software, hosting and services to all indigenous knowledge centres through Queensland.  

    “The average life of a small business is less than 9 years, so to have been in business now for 28 years, still having our original customers and being able to help support indigenous library services along the way, is something for which AIT founders are very grateful.   We are pleased that Aurora has found a home at Softlink Information Centres.” Doug Coulson, AIT Co-founder.

    Sarah Thompson, General Manager of Softlink Information Centres adds: “It is exciting to include AIT as part of our wider community of software businesses across the globe that work tirelessly to provide exceptional solutions to librarians, researchers and library managers.”

    The AIT team will join Softlink Information Centres, led by Sarah Thompson.  

    About Softlink Information Centres

    Softlink Information Centres has been a leader in providing library, knowledge and research management solutions for over 40 years. Our products are trusted by hundreds of businesses worldwide, including some of the largest multi-branch law firms, parliamentary, government libraries and top management consulting firms. We combine the latest technology with ease of use and affordability, enabling our clients to adapt, grow and deliver superior services. Visit us at Softlink Information Centres [https://ic.softlinkint.com/]. 

    For further information on Softlink Information Centres, please visit ic.softlinkint.com

    About Volaris Group

    Volaris acquires, strengthens and grows vertical market technology companies. As an operating group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.

    For more information, please contact:

    Sarah Thompson
    General Manager
    Softlink Information Centres
    Sarah.Thompson@softlinkint.com

    The MIL Network –

  • MIL-OSI: Cross Keys Capital Advises Propel Engineering in Its Partnership with Traffic & Mobility Consultants

    Source: GlobeNewswire (MIL-OSI)

    Fort Lauderdale, Sept. 24, 2024 (GLOBE NEWSWIRE) — Cross Keys Capital, LLC, a leading independent investment banking firm providing M&A advisory services, is pleased to announce it acted as the exclusive financial advisor to Propel Engineering, a distinguished civil engineering firm based in West Palm Beach, FL, in its partnership with Traffic & Mobility Consultants (TMC), a portfolio company of Grovecourt Capital Partners.

    Founded in 2013, Propel Engineering has built an impressive reputation for delivering high-quality civil engineering services, with a particular focus on highway design, traffic analysis, and structural design. The firm’s expertise in working with both public and private sector clients, including the Florida Department of Transportation (FDOT), aligns perfectly with TMC’s growth strategy and commitment to excellence in transportation engineering.

    Traffic & Mobility Consultants is a Florida-based engineering company specializing in Transportation Planning and Traffic Engineering. Founded in 2012, TMC serves private clients and governmental agencies at the local, county, and state levels. TMC’s goal is to provide its clients with the highest quality services, offering innovative, strategic, and effective solutions for safe and efficient mobility.

    Maj Alam, Founder and President of Propel Engineering, commented, “Over the past decade, Propel Engineering has established itself as a trusted partner in Florida’s transportation infrastructure development. By joining TMC, we’re not just combining our expertise – we’re amplifying our ability to deliver innovative solutions for complex engineering challenges. This partnership will allow us to take on larger, more impactful projects and contribute even more significantly to Florida’s rapidly evolving transportation landscape. We’re excited about the enhanced value we’ll bring to our clients and the new opportunities this creates for our talented team.”

    Neil Dhruve, Director at Cross Keys Capital, shared his excitement, saying that “Working with Maj was an absolute pleasure, and we are excited to watch unfold all the incredible opportunities the combined companies are able to realize.”

    The financial terms of the acquisition were not disclosed. Greenberg Traurig acted as legal advisor to TMC. Cross Keys Capital acted as M&A advisor to Propel, and De Biase | Alvarez acted as legal advisor to Propel Engineering

    About Cross Keys Capital

    Cross Keys Capital is a leading middle-market investment bank providing a full range of investment banking merger and acquisition advisory services to a variety of businesses.

    This was Cross Keys’ 10th successful sell-side engagement completed in 2024.

    The MIL Network –