Category: GlobeNewswire

  • MIL-OSI: IDT Corporation to Report Fourth Quarter and Fiscal Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, Sept. 23, 2024 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2024 (the three and twelve months ended July 31, 2024) on Tuesday, October 8, 2024.

    IDT’s earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-andmedia) at approximately 4:30 PM Eastern.

    IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 126998).

    A replay of the conference call will be available approximately three hours after the call concludes through October 22, 2024. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 51021. The replay will also be accessible via streaming audio at the IDT investor relations website.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and BOSS Revolution Calling make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network

  • MIL-OSI: Wearable Devices Announces First Half 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    YOKNE’AM ILLIT, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd.  (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced its financial results for the six months ended June 30, 2024.

    First Half 2024 Financial Results and Recent Company Highlights:

    • Recognized initial revenue from the sale of business-to-consumer (B2C) focused Mudra Band for Apple Watch and business-to-business (B2B) collaborations, totaling $394 thousand.

    Mudra Band:

    • Enhanced product proposition for flagship product: We have introduced two major new features for our Mudra Band: touchless gesture control for Apple Watch, allowing users to manage tasks hands-free, and integration with ChatGPT, enabling users to interact with AI directly via predefined gestures and voice commands on their Apple Watch. These innovations enhance convenience, accessibility, and AI-powered functionality for on-the-go multitasking.
    • Announced new innovative and disruptive product- the Mudra Link: Currently receiving preorders for Mudra Link, the first AI neural interface wristband for Android and beyond, providing advanced neural input technology for Android users. Official launch expected in the first quarter of 2025.
    • Expanded market potential with range of new supported devices: Now supports the Apple Vision Pro, in addition to other Apple devices including Mac, iPad, Apple TV and iPhone, allowing Apple users to extend their gesture control experience.

    Global B2B collaborations:

    • Signed an agreement with Qualcomm Technologies (“Qualcomm”) to collaborate in elevating extended reality (“XR”) experiences with Mudra neural technology and successfully completed the first phase of integration of Mudra technology with Qualcomm’s Snapdragon Spaces XR developer platform.
    • Fortune 500 consumer electronics corporation has purchased a special license for a state-of-the-art Mudra Development Kit (“MDK”) to evaluate certain deep-level capabilities of the MDK for developing next-generation user interfaces.
    • Announced successful demonstrations of the Mudra technology on Lenovo’s ThinkReality XR headset, at the Augmented World Expo (AWE) 2024.
    • Signed reseller agreement to enhance licensing program presence in South Korea and China.
    • Strengthened presence in the defense sector and delivered custom touchless technology to global defense company as part of an ongoing collaboration.

    In the first half of 2024, Wearable Devices continued recognizing revenue from the sale of Mudra Band for Apple Watch, the Company’s flagship B2C product, which began shipping towards the end of 2023. Revenues for the six months ended June 30, 2024 were $394 thousand, increasing from approximately $12 thousand compared to the six months ended June 30, 2023. Net loss increased to $4.2 million, or $(0.21) per basic and diluted share, in the six months ended June 30, 2024, compared to net loss of $3.9 million, or $(0.26) per basic and diluted share, for the six months ended June 30, 2023, primarily related to an increase in the Company’s operating expenses associated with its continued efforts to scale its business activity.

    Asher Dahan, Chairman of the Board and Chief Executive Officer of Wearable Devices, commented, “In the first half of 2024, we increased the delivery of our flagship B2C product, the Mudra Band for Apple Watch. After an extended preorder period during which the Mudra Band generated strong customer interest, we began shipping the product towards the end of 2023 and are pleased to have reached this important milestone.

    Subsequent to the close of the first half of 2024, we announced the launch of our new Mudra Link wristband, bringing our state-of-the-art neural input Mudra technology to a broader range of operating system platforms, including iOS, Android, Windows, and macOS. This has been a major initiative for our business, and the logical next step in our growth trajectory. With preorders now open and an official launch planned for the first half of 2025, we expect the Mudra Link to significantly expand our addressable market as we tap into the large and expanding population of Android, Windows, and macOS users.

    We continue to invest in our business, as reflected in the modest increases in research and development, sales and marketing, and general and administrative expenses in the period. We’re still in the early stages of growth in the broader wearables industry, and Wearable Devices is well positioned to be a leader in the space given our patented AI-based neural input interface technology.”

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbols “WLDS” and “WLDSW”, respectively.

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss our growth trajectory; the launch of the Mudra Link and its benefits and advantages, including significant potential increase in the Company’s total available market; future investment in our business; and our position as a leader in the space of wearable devices. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    IMS Investor Relations
    203.972.9200
    wearabledevices@imsinvestorrelations.com

         
    INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)    
    U.S. dollars (in thousands)          
               
        June 30,   December 31,  
        2024   2023  
    ASSETS          
               
    CURRENT ASSETS:          
               
    Cash and cash equivalents   3,103   810  
    Short-term bank deposits   57   4,045  
    Account receivable   47    
    Governmental grant receivable   7   108  
    Other receivables and prepaid expenses   306   757  
    Inventories   1,218   1,032  
               
    TOTAL CURRENT ASSETS   4,738   6,752  
               
    NON-CURRENT ASSETS:          
               
    Long-term bank deposits     54  
    Right-of-use assets   458   592  
    Property and equipment, net   176   194  
               
    TOTAL NON-CURRENT ASSETS   634   840  
               
    TOTAL ASSETS   5,372   7,592  
               
               
    INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)          
    U.S. dollars (in thousands)          
               
        June 30,   December 31,  
        2024   2023  
    LIABILITIES AND SHAREHOLDERS’ EQUITY          
               
    CURRENT LIABILITIES:          
    Accounts payables   175   410  
    Advance payments   101   312  
    Accrued payroll and other employment related accruals   641   579  
    Convertible promissory note   1,934    
    Accrued expenses   386   190  
    Lease liabilities   296   297  
    TOTAL CURRENT LIABILITIES   3,533   1,788  
    Lease liabilities   144   278  
    TOTAL LIABILITIES   3,677   2,066  
               
    SHAREHOLDERS’ EQUITY          
    Ordinary shares, NIS 0.01 par value:   58   57  
    Authorized 50,000,000 as of June 30, 2024 and December 31, 2023; issued and outstanding 20,887,428 shares as of June 30, 2024 and 20,387,428 shares as of December 31, 2023  
    Additional paid-in capital   27,070   26,692  
    Accumulated losses   (25,433)   (21,223)  
               
    TOTAL SHAREHOLDERS’ EQUITY   1,695   5,526  
               
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY   5,372   7,592  
               
    INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)          
    U.S. dollars (in thousands)          
               
        Six months ended
    June 30,
    2024
        Six months
    ended
    June 30,
    2023 
               
         U.S. dollars
    in thousands
        (except per share amounts)
               
    Revenues   394     12
    Expenses:          
    Cost of revenues   (315)     (3)
    Research and development, net   (1,616)     (1,560)
    Sales and marketing expenses   (1,083)     (1,050)
    General and administrative expenses   (1,601)     (1,453)
    OPERATING LOSS   (4,221)     (4,054)
    FINANCING INCOME, NET   11     158
               
    NET LOSS AND TOTAL COMPREHENSIVE LOSS   (4,210)     (3,896)
               
    Net loss per ordinary share, basic and diluted   (0.21)     (0.26)
               
    Weighted average number of ordinary shares outstanding basic and diluted   20,392,984     15,254,457
               
                 
    INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
    U.S. dollars (in thousands)
               
                   
        Six months ended  
    June 30,
        2024     2023  
    CASH FLOWS FROM OPERATING ACTIVITIES:            
    Net loss   (4,210)     (3,896)  
                 
    Adjustments required to reconcile net loss to net cash used in operating activities              
                 
    Depreciation   54     23  
    Accrued interest on deposits   39     *(19)  
    Interest expenses on convertible promissory note   14      
    Share based compensation expenses   112     109  
    Unrealized gain from foreign currency derivative activities   61      
                 
    Changes in operating assets and liabilities items:            
    Increase in inventory   (186)     (6)  
    Increase in accounts receivables   (47)      
    Decrease (increase) in governmental grants receivables   101     (29)  
    Decrease (increase) in other receivables and prepaid expenses   380     (95)  
    (Decrease) increase in advance payments   (211)     20  
    Decrease in deferred revenues       (12)  
    Decrease in accounts payable   (236)     (44)  
    Increase in accrued payroll and other employment related accruals   62     163  
    Increase in accrued expenses   206     48  
    Net cash used in operating activities   (3,861)     (3,738)  
                 
    CASH FLOWS FROM INVESTING ACTIVITIES:            
    Purchase of property and equipment   (36)     (93)  
    Proceeds (investments) associated with deposits, net   4,003     *(2,036)  
    Net cash (used in) provided by investing activities   3,967     (2,129)  
                 
    CASH FLOWS FROM FINANCING ACTIVITIES:            
    Proceeds from issuance of convertible promissory note   1,920      
    Proceeds from issuance of ordinary shares as a result of exercise of warrants       1,448  
    Proceeds from issuance of ordinary shares associated with the SEPA   267        
    Net cash provided by financing activities   2,187     1,448  
                 
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS   2,293     (4,419)  
    CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD   810     10,373  
    CASH AND CASH EQUIVALENTS AT END OF PERIOD   3,103     5,954  
         
    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
    Interest received from deposits 110       159  
    Right-of-use asset recognized against lease liability       446  
                   
                   
    *Reclassified              

    The MIL Network

  • MIL-OSI: dsm-firmenich to present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference on September 25 2024

    Source: GlobeNewswire (MIL-OSI)

    MAASTRICHT, The Netherlands, Sept. 23, 2024 (GLOBE NEWSWIRE) — dsm-firmenich (AMS: DSFIR; OTCQX: DSFIY) based in Kaiseraugst, Switzerland and focused on nutrition, health and beauty, today announced that Anna Morello, Director Investor Relations at dsm-firmenich will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on September 25. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: September 25, 2024
    TIME: 11:30 AM ET
    LINK: https://bit.ly/47xPcjS

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the organization’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

    Participation is free of charge.

    https://investors.dsm-firmenich.com/en/investors/dsm-firmenich-at-a-glance.html

    About dsm-firmenich

    As innovators in nutrition, health, and beauty, dsm-firmenich reinvents, manufactures, and combines vital nutrients, flavors, and fragrances for the world’s growing population to thrive. With our comprehensive range of solutions, with natural and renewable ingredients and renowned science and technology capabilities, we work to create what is essential for life, desirable for consumers, and more sustainable for the planet. dsm-firmenich is a Swiss-Dutch company, listed on the Euronext Amsterdam, with operations in almost 60 countries and revenues of more than €12 billion. With a diverse, worldwide team of nearly 30,000 employees, we bring progress to life™ every day, everywhere, for billions of people.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Contacts
    dsm-firmenich
    Investor Relations
    T: +31 (0)45 578 2864
    E: investors@dsm-firmenich.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: InspireSemi Announces C$10M Convertible Loan Agreement, Proposed Delisting from TSXV and Date for a Business Update

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia and AUSTIN, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, today announced that it has entered into a convertible loan agreement (the “Loan Agreement”) dated September 23, 2024 with Humanitario Capital LLC (the “Lender”) in the principal amount of C$10,000,000 (the “Loan”).

    The Loan is unsecured, bears interest of 10% per annum, compounded monthly, and is repayable on September 23, 2025, subject to the penalty clause discussed below.

    The Loan Agreement provides that if a delisting of all classes of shares of the Company from the TSX Venture Exchange (“TSXV”) occurs, the Loan shall automatically convert to units (each a “Unit”) at a price per Unit of C$13.50 and all accrued and unpaid interest thereon will be forgiven.

    Each Unit will consist of one proportionate voting share in the capital of the Company (each an “PV Share”) and one PV Share purchase warrant of the Company (a “PVS Warrant”).

    Each PVS Warrant shall be exercisable to acquire one PV Share until September 23, 2029 at an exercise price of C$13.50.

    In addition the Lender has been granted:

    (i) the right of first refusal (the “ROFR”) to purchase additional Units on the same terms as described above should the Company request additional funding from the Lender;
    (ii) a pre-emptive right to participate in all future financings conducted by the Company on a pro-rata basis as it relates to the Lender’s then interest in the Company;
    (iii) the right to nominate a person for election to the board of directors of the Company immediately and at each subsequent shareholders meeting; and
    (iv) the right to nominate an additional person to attend all meetings of the Board in a non-voting observer capacity.

    The ROFR will expire upon the Company achieving a positive EBDITA for a one month period. All other rights set out above will exist for so long as the Lender’s pro rata interest in the Company is more than 5%.

    A copy of the Loan Agreement has been posted on the Company’s profile at www.sedarplus.ca.

    The Loan is subject to the approval of the TSXV.

    Delisting from TSXV

    The Loan Agreement provides that the Company will make its best efforts to delist its subordinate voting shares from the TSXV as soon as is reasonably practicable. If a delisting of the Company’s subordinate voting shares from the TSXV is not achieved by January 31, 2025, the Company will be deemed in default, and the Loan, all accrued interest thereon and a penalty of an additional 25% of the amount of the Loan, being C$2,500,000 will be due and payable immediately.

    Therefore, the Company announces its intention to voluntarily delist (the “Delisting“) its subordinate voting shares from the TSXV. The Delisting will be subject to, among other things, TSXV and majority of the minority shareholder approval.

    The Company will ask and encourages its shareholders to approve of the Delisting as described above at an annual general and special shareholder meeting (the “Meeting”) that will be scheduled in due course. More information regarding the Delisting, the Loan and the reasons therefore will be available in a management information circular to be prepared and mailed to shareholders and posted on the Company’s profile at www.sedarplus.ca in connection with the Meeting.

    The Company is not paying any bonus, commission or finder’s fees in respect of the Loan. The proceeds from the Loan will be used to prepare the Company’s Thunderbird Chip for delivery to customers, support the Company’s commercialization drive and for general working capital requirements.

    Nasdaq Listing Update

    The Company has currently paused its work on a proposed up list to a major U.S. Stock Exchange as announced by press release dated June 18, 2024. The Company has decided it is in its best interests to focus on commercializing its Thunderbird chip and achieving its aim of reaching profitability in 2025 prior to embarking on a further stock exchange listing.

    The Company is still interested in exploring such a listing in future and has made valuable progress in working with its various counsel and advisors to better prepare it for such an eventuality in future.

    Business Update

    The Company announces it will be holding a business update call on September 30, 2024, at 1:00 p.m. (Eastern Time). The Company will press release any new material information prior to the Business Update.

    To join the Business Update please use the following Zoom link:

    https://us06web.zoom.us/j/85079936546

    Webinar ID: 850 7993 6546

    Or One tap mobile :
        +16469313860,,85079936546# US
        +19292056099,,85079936546# US (New York)
    Or Telephone:
        Dial(for higher quality, dial a number based on your current location):
        +1 646 931 3860 US
        +1 929 205 6099 US (New York)
        +1 309 205 3325 US
        +1 312 626 6799 US (Chicago)
        +1 301 715 8592 US (Washington DC)
        +1 305 224 1968 US
        +1 253 205 0468 US
        +1 253 215 8782 US (Tacoma)
        +1 346 248 7799 US (Houston)
        +1 360 209 5623 US
        +1 386 347 5053 US
        +1 507 473 4847 US
        +1 564 217 2000 US
        +1 669 444 9171 US
        +1 669 900 6833 US (San Jose)
        +1 689 278 1000 US
        +1 719 359 4580 US

        International numbers available: https://us06web.zoom.us/u/kfZXmuhg6

    About InspireSemi

    InspireSemi (TSXV: INSP) provides revolutionary high-performance, energy-efficient accelerated computing solutions for High-Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads. The Thunderbird ‘supercomputer-cluster-on-a-chip’ is a disruptive, next-generation datacenter accelerator designed to address multiple underserved and diversified industries, including financial services, computer-aided engineering, energy, climate modeling, cybersecurity, and life sciences & drug discovery. Based on the open standard RISC-V instruction set architecture, InspireSemi’s solutions set new standards of performance, energy efficiency, and ease of programming. InspireSemi is headquartered in Austin, TX.

    For more information visit    https://inspiresemi.com  
    Follow InspireSemi on LinkedIn

    Company Contact
    John B. Kennedy, CFO
    (737) 471-3230
    invest@inspiresemi.com

    Cautionary Statement on Forward-Looking Information
    This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass.

    Forward-looking information includes, but is not limited to, information regarding: (i) the business plans and expectations of the Company including expectations with respect to production and development; and (ii) expectations for other economic, business, and/or competitive factors (iii) expectations as to the use of funds in respect of the Loan, the Delisting and any potential future up list to a U.S. Stock Exchange. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this presentation, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of InspireSemi, to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company including information obtained from third-party industry analysts and other third-party sources and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: (i) statements relating to the business and future activities of, and developments related to, the Company after the date of this press release; (ii) expected completion of or satisfaction of all closing conditions in connection with the Loan and Delisting including receipt of final approval from the Exchange; (iii) expectations for other economic, business, regulatory and/or competitive factors related to the Company or the technology industry generally; (iv) the risk factors referenced in this news release and as described from time to time in documents filed by the Company with Canadian securities regulatory authorities on SEDAR+ at www.sedarplus.ca; and (v) other events or conditions that may occur in the future. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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

    THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES DESCRIBED HEREIN, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE OR JURISDICTION.

    The MIL Network

  • MIL-OSI: SBB Research Group Foundation Names August 2024 Grant Finalists: CASA Lake County, Insight Youth Outreach Blessings, Naomi Ruth Cohen Institute for Mental Health Education

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 23, 2024 (GLOBE NEWSWIRE) — The SBB Research Group Foundation recognizes three Chicago-area charities as the August 2024 finalists of its monthly grant program supporting impactful nonprofits (in alphabetical order): 

    • CASA Lake County (Vernon Hills, IL) is committed to protecting the best interests of youth experiencing abuse or neglect. By training volunteers to advocate for these children in court and the community, the organization aims to help them safely reunite with their families or find secure, permanent homes. The vision is for all children and families to thrive emotionally, mentally, and physically, with lasting connections to caring adults and a nurturing environment.
    • Insight Youth Outreach Blessings (Bellwood, IL) creates a safe and supportive environment where children can thrive by offering programs that promote physical activity, nutrition, and mental well-being. They believe that every child, regardless of socioeconomic background, should have access to healthy extracurricular activities and aim to help children develop life skills, self-confidence, and a positive outlook on life.
    • Naomi Ruth Cohen Institute for Mental Health Education (Chicago, IL) is dedicated to reducing the stigma of mental illness, which often prevents individuals, families, and communities from receiving essential support. The institute provides resources and hope to those affected by mental illness and those who support them. The institute educates the public on mental health issues, with the overarching goal of giving a voice to those living with mental illness.

    The Foundation encourages any 501(c)(3) nonprofit organization to apply for a grant at sbbrg.org/apply-for-grant. Donations are awarded to different organizations monthly.

    About the SBB Research Group Foundation 

    The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies. In addition, the Foundation sponsors the SBBRG STEM Scholarship, which supports students pursuing science, technology, engineering, and mathematics degrees. 

    Contact: Erin Noonan 
    Organization: SBB Research Group Foundation 
    Email: grants@sbbrg.org 
    Phone: 1-847-656-1111 
    Website: https://www.sbbrg.org 

    The MIL Network

  • MIL-OSI: Repsol to present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference on September 25 2024

    Source: GlobeNewswire (MIL-OSI)

    MADRID, Sept. 23, 2024 (GLOBE NEWSWIRE) — Repsol (REP), based in Madrid, is a global multi-energy company that creates value through innovation, efficiency, and respect to drive progress in society and achieve a profitable energy transition, today announced that Repsol Senior Investor Relations Officer Álvaro Visús will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on September 25th. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: September 25, 2024
    TIME: 10:30 AM ET
    LINK: https://bit.ly/47xPcjS

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the organization’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

    Participation is free of charge.

    Recent Company Highlights

    • Strategic Update 24-27 (Link) focus on achieving a profitable energy transition, which prioritizes investments with Repsol’s current integrated portfolio of quality assets and low-carbon initiatives, attractive shareholder remuneration, and the maintenance of financial strength.

    About Repsol

    Repsol is a global multi-energy company that is capable of meeting all its customers’ needs, whether at home or on the move. It employs 25,000 people in more than twenty countries and serves twenty-four million customers.

    Its extensive network of 4,500 service stations across Spain, Portugal, Peru and Mexico offers fuels and is incorporating alternatives such as 100% renewable fuels, electric recharging, AutoGas, and natural gas for vehicles. In addition, Repsol has 2.4 million electricity and gas customers in Spain and Portugal and is the fourth largest operator in this market in Spain. The company is building a diversified renewable generation portfolio, with an installed capacity of 3.118 MW, mainly in Spain, the United States and Chile.

    Producing an average of 599,000 barrels of oil per day, Repsol boasts one of Europe’s most efficient refining systems. Repsol is transforming its six industrial complexes in the Iberian Peninsula into multi-energy hubs, capable of turning a wide variety of raw materials and waste into products with a low carbon footprint such as 100% renewable fuels, which will be key to achieving its goal of reaching net zero emissions by 2050.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Contacts
    REPSOL
    Investor Relations: investor.relations@repsol.com

    Virtual Investor Conferences

    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to New York City Teens

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in New York, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in New York. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in New York on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: Rapid7 Adds Extended Ecosystem Support of Third-Party Detections to Managed Detection and Response

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Sept. 23, 2024 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the addition of third-party detections for defense in-depth with Managed Threat Complete (MTC), the company’s Managed Detection and Response (MDR) solution. Rapid7’s global service now includes coverage for CrowdStrike Falcon, SentinelOne Singularity Endpoint, and Microsoft Defender for Endpoint.

    Native endpoint security has always been part of Rapid7’s defense-in-depth approach. Now, by enriching and layering SOC expertise with third-party endpoint detections, MTC delivers a more comprehensive defense of the customer’s extended ecosystem.

    Rapid7’s MDR service goes beyond endpoint telemetry alone and leverages its leading next-gen SIEM foundation to integrate and correlate diverse telemetry across the attack surface – endpoint, network, user, cloud. This wider coverage, combined with Rapid7’s expertise, provides critical context and faster investigations for more effective response for the modern attack surface. The additional endpoint support announced today builds on Rapid7’s strategy to provide modern attack surface monitoring across endpoint, cloud service providers, identity and access management, and network security solutions.

    “Our leading next-gen SIEM allows Rapid7 to process broad telemetry and was purpose built to operationalize our SOC expertise to deliver unparallelled clarity for our MDR service,” said Craig Adams, chief product officer at Rapid7. “Adding third-party detection support to Managed Threat Complete deepens our visibility across a customer’s environment, which in turn helps us respond even more quickly and efficiently to threats.”

    With the addition of extended ecosystem monitoring, customers can connect the supported tools in their environment to MDR for triage, investigation, and response. Rapid7’s SOC analysts now can better serve customers with:

    • Enhanced Visibility: With coverage for third-party event sources, the need to manually normalize information across a customer’s technical environment is eliminated, saving time and giving teams confidence that their full attack surface is covered.
    • Reduced Noise: Detect threats across all phases of the MITRE ATT&CK framework and modern threat landscape – without more noise. Realize high efficacy detections with operationalized threat intelligence and expertise.
    • Optimized Response: With broader telemetry and correlation across endpoint, network, identity and cloud, Rapid7’s incident response analysts can respond faster and more accurately to threats to eradicate them from customers’ environments.

    To learn more about Rapid7’s Managed Detection and Response service and its Managed Threat Complete with extended ecosystem monitoring, visit https://www.rapid7.com/services/managed-detection-and-response-mdr.

    About Rapid7
    Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

    Rapid7 Media Relations
    Kelly Crummey
    Corporate Communications
    press@rapid7.com 
    (617) 921-8089

    Rapid7 Investor Contact
    Elizabeth Chwalk
    Sr. Director, Investor Relations
    investors@rapid7.com 
    (617) 865-4277

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to Raleigh-Durham Teens

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH-DURHAM, N.C., Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in Raleigh, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to Raleigh-Durham high school students. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in Raleigh on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to Richardson Teens

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in Richardson, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Richardson. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in Richardson on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: EquityZen Adds to Senior Executive team – Hires Justin Howell as COO and promotes Jean Brandolini Lamb to CMO

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — EquityZen, an online marketplace for company-approved sales of pre-IPO employee shares, today announces the appointment of Justin Howell as Chief Operating Officer. Howell’s appointment marks a significant milestone for EquityZen as it accelerates its mission of bringing “private markets to the public” for investors and shareholders on its fintech platform. 

    Howell will oversee daily operations and will report to EquityZen CEO, Atish Davda. Before joining EquityZen, Justin founded and led Rize Money, Inc., a pioneering embedded payments platform that provided payment infrastructure and risk management capabilities to fintechs and other technology companies seeking to integrate innovative financial products into their existing user experiences. Under his leadership, Rize was successfully acquired by Fifth Third Bank, where he served as Senior Vice President and oversaw the integration of Rize’s infrastructure into Newline, Fifth Third’s embedded payments division, allowing Fifth Third to win enterprise-scale clients like Stripe and Trustly. 

    “Throughout my career I have been on a mission to transform financial services through technology,” said EquityZen’s newly appointed COO, Justin Howell. “As an early investor in EquityZen and a long-time client, I am thrilled to be working with the leadership team at EquityZen to help bring greater access to alternative markets.”

    Howell’s career spans over 20 years with various roles at Bain & Company, Bain Capital, Soleil Securities and Perry Capital, where he gained experience in strategy, operations, and investment across both startups and Fortune 100 companies before founding Rize. His passion for building impactful companies extends to sectors such as personal finance, greentech, education and media & entertainment. Justin holds a Bachelor’s degree from Harvard University and an MBA from The Wharton School. He actively contributes to the entrepreneurial community as a mentor, advisor and board member.

    Jean Brandolini Lamb has spent two years as EquityZen’s head of marketing before being promoted to Chief Marketing Officer. 

    “It’s been a pleasure to be part of EquityZen’s advancement as we see interest in our category and company grow. I look forward to working even more deeply with the leadership team to focus on our customers and the opportunities ahead of our thriving business,” said Jean Brandolini Lamb, EquityZen’s new CMO. 

    Jean joined EquityZen as head of marketing in 2022. Over the last 20+ years, Jean has led marketing teams at global financial services and technology companies including J.P. Morgan, TIAA, SAP and Hewlett Packard Enterprise. She holds a Bachelor’s degree from NYU and an MA from Columbia University. 

    “Justin is an invaluable addition to our team given his experience as a seasoned entrepreneur, business strategist and his proven track record in scaling businesses. His deep understanding of our business, financial technology and how to operate nimbly in a highly regulated industry will be instrumental as we continue to innovate and transform our pre-IPO platform,” said Atish Davda, CEO of EquityZen. “Jean joined to lead marketing two years ago and expanded her purview to also lead funds, research and customer experience in her tenure. With this promotion, she brings her valued voice and insight into our customers to the senior executive team. Our goal at EquityZen is to democratize access to investing in the private markets and I look forward to both of their contributions at our company,” he added.

    About EquityZen

    Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in the private companies shaping the future. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 41,000 private placements completed across 450+ companies, EquityZen leads the way in delivering “Private Markets for the Public.” 

    Media Contact

    Deborah Kostroun, Zito Partners

    +1 (201) 403-8185

    deborah@zitopartners.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/946c4fa0-0b3d-4fb1-ad69-92656e2711ca
    https://www.globenewswire.com/NewsRoom/AttachmentNg/24305c18-3024-4999-be01-12e6d1ecd213

    The MIL Network

  • MIL-OSI: Sprout Social Deepens Commitment to Public Sector by Partnering With Carahsoft as a NASPO-Approved Vendor for Government Agencies

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced their publishing, engagement, customer care, advocacy, and AI-powered business intelligence solutions have been added to the National Association of State Procurement Officials (NASPO) ValuePoint Cloud Solutions Contract held by Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. The contract enables Carahsoft and its reseller partners to provide Sprout Social’s products to participating state and local government agencies.

    NASPO ValuePoint Cloud Solutions Contract is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. The program provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint Cloud Solutions delivers the highest valued, reliable and competitively sourced contracts, offering public entities outstanding pricing.

    “Social media has become a vital tool for government agencies to engage with the public and deliver timely, transparent communication,” said Ryan Barretto, President and incoming CEO, Sprout Social. “Our partnership with Carahsoft and NASPO ensures Sprout customers in the public sector can work more efficiently, create more time for citizen engagement and confidently demonstrate the value of social.”

    Sprout takes billions of social conversations from across the major social networks and brings them together in seconds, surfacing rich insights, building comprehensive dashboards and powering intelligent automations. With the addition of Sprout Social solutions to NASPO, government agencies may now purchase the platform alongside other approved technologies, all from one contract offered by Carahsoft.

    “Carahsoft is excited to announce that Sprout Social’s cloud-based social media management platforms are now available to NASPO members,” said Craig P. Abod, Carahsoft President. “The inclusion of Sprout Social in NASPO’s offerings expands the range of digital communication solutions available to State and Local agencies. Carahsoft is committed to helping NASPO members enhance their social media management through collaboration with our resellers. With Sprout Social now part of NASPO, customers can more effectively communicate and serve their communities.”

    Learn more about Sprout Social here.

    About Sprout Social
    Sprout Social is a global leader in social media management and analytics software. Sprout’s intuitive platform puts powerful social data into the hands of more than 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    Social Media Profiles:
    www.twitter.com/SproutSocial
    www.twitter.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Layla Revis
    Email: pr@sproutsocial.com
    Phone: (866) 878-3231

    Investors:
    Lexi Johnson
    Twitter: @SproutSocialIR
    Email: investors@sproutsocial.com
    Phone: (312) 528-9166

    About Carahsoft
    Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Customer Experience and Engagement, Cybersecurity, HR and Training Technology, MultiCloud, Big Data, Artificial Intelligence, Open Source, DevSecOps and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com. 

    Contact
    Mary Lange
    (703) 230-7434
    PR@carahsoft.com

    The MIL Network

  • MIL-OSI: Broadcom Delivers Industry Leading 200G/lane DSP for Gen AI Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced the general availability of Sian2, 200 Gbps per lane (200G/lane) PAM-4 DSP PHY. Sian2 features 200G/lane electrical and optical interfaces to augment the Sian DSP that supports 100 Gbps electrical and 200Gbps optical interfaces. Sian and Sian2 DSPs enable pluggable modules with 200G/lane interfaces that are foundational to connect next generation AI clusters.

    AI cluster sizes and cluster performance needs are growing dramatically to support exploding AI model sizes. High performance, low latency, and resilient connectivity are vital for the scale-up and scale-out of next generation AI clusters. For these networks, customers demand reliable optical network connectivity with higher bandwidth, lower power, lower latency and lower cost. This necessitates the migration from the 400G/800G links with 100G/lane optics being used in AI clusters today to 800G/1.6T links with 200G/lane optics that Sian2 enables. Broadcom’s Sian2 and Sian DSPs are optimized for 800G and 1.6T optical module platforms and deliver unmatched performance by doubling the bandwidth with lower power, lower latency and lower cost per bit to facilitate AI data center scale.

    “200G/lane DSP is foundational to high-speed optical links for next generation scale-up and scale-out networks in the AI infrastructure,” said Vijay Janapaty, vice president and general manager of the Physical Layer Products Division at Broadcom. “The Sian family of products reinforces Broadcom’s leadership in optical DSP PHYs and enables our AI data center customers to deploy high-performance 800G and 1.6T links.”

    Further, the combination of Sian2 and Sian PHY and Broadcom’s leading-edge 200G/lane optics, including electro-absorption modulated laser (EML) and continuous wave laser (CWL), provides the best-in-class performance and power consumption enabling data center operators to cost-effectively scale AI workloads.

    “AI market leaders will start ramping optical modules using 200G/lane in 2025,” commented Dr. Vlad Kozlov, CEO and Chief Analyst at LightCounting. “There is a race for dominance in AI fueling a demand for delivery in excess of 1M units of 1.6T optical transceivers within the first 12 months. We have never seen new products ramping at such rate.”

    Sian2 Product Highlights:

    • Low power 5nm 200G/lane DSP solution enabling sub-28W 1.6T transceivers
    • Supports 800G and 1.6T pluggable modules
    • Support for both 212.5-Gb/s and 226.875-Gb/s data rates for InfiniBand and Ethernet applications
    • Support for multiple FEC options including Bypass, Segmented and Concatenated FEC
    • Built-in low-swing and high-swing laser driver for both SiP and EML based optical modules
    • Sub-80ns roundtrip (Ingress + Egress) latency for AI/ML applications
    • Crossbar support for ease of transceiver design

    Demo Showcase at ECOC 2024
    Broadcom Sian2 PHY and 200G/lane optics inside 1.6T DR8 optical modules will be demonstrated in the Innolight Booth B81 and Eoptolink Booth D60 taking place at ECOC Exhibition 2024, in Frankfurt, Germany from September 23-25. Attendees will see live transmit eye performance and end-to-end pre-FEC & post-FEC performance with IEEE compliant KP4 FEC.

    “Sian2 enables the design of high-speed optical transceivers for next generation switches, network interface cards and accelerators with 200G SerDes interfaces,” said Richard Huang, CEO, Eoptolink Technology. “The Broadcom Sian2 DSP and Eoptolink’s innovative transceiver design approach results in performance leading 1.6T pluggable optical transceivers. Combined with Eoptolink’s high volume manufacturing capability, this ensures the supply for the growing bandwidth in AI networks.”

    “InnoLight is leading the industry’s transition to 1.6T with the lowest power transceiver solutions, leveraging Broadcom’s Sian2 DSP,” said Hai Ding, VP of Marketing, InnoLight Technology. “As engineering pioneers, we’re redefining optical networking with our cutting-edge innovations, and helping accelerate the deployments of 200G/lane pluggables for next generation AI workloads.”

    Availability
    Broadcom is currently sampling the Sian2 BCM8582X device to its early access customers and partners. Please contact your local Broadcom sales representative for samples and pricing.

    For more information on Broadcom’s 200G/lane optical solutions, please click here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Khanh Lam
    Corporate Communications
    press.relations@broadcom.com
    Telephone: +1 408 433 8649

    The MIL Network

  • MIL-OSI: FHLBank Atlanta Announces $5 Million Heirs’ Property Family Wealth Protection Fund

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Sept. 23, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced its 2024 Heirs’ Property Family Wealth Protection Fund (FWP), allocating $5 million to assist organizations with the prevention and resolution of heirs’ property issues.

    A recent survey sponsored by FHLBank Atlanta and conducted by The Harris Poll found that most homeowners (90%) expect the equity in their home to benefit their heirs when they die, yet more than 4 in 10 (43%) do not have a will/trust or estate plan. The survey also showed that roughly 1 in 5 homeowners did not have, or were not sure whether they have, a clear title (22%) or recorded deed (20%).

    “Without the proper legal process, there are often roadblocks preventing equity from being passed down as property owners intend,” said FHLBank Atlanta’s President and Chief Executive Officer Kirk Malmberg. “As part of our work to address housing and homeownership challenges, FHLBank Atlanta has focused on heirs’ property issues, which occur when a property owner passes away without a will designating a successor owner or the heirs fail to properly vest title to the property in their names.”

    Through FHLBank Atlanta member institutions, starting October 1, 2024, community organizations, tribal entities, governments and municipalities may apply for up to $500,000 in grant funding to assist property owners located in low-to-moderate income areas within communities in the FHLBank Atlanta district: Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina and Virginia. The application deadline is October 31, 2024.

    Heirs’ property issues may also arise when a property is left to multiple beneficiaries without a plan to manage the property, resulting in fractured or tangled title. The survey found that 38% of homeowners without a will/trust or estate plan intend to leave their home or property to more than one heir.

    “Family homes and properties are key to generational wealth building, but all too often, this legacy is lost due to inadequate legal documentation,” said Georgia Congresswoman Nikema Williams, a member of the Financial Services Committee and the Subcommittee on Housing and Insurance. “Earlier this year, I led the introduction of the HEIRS Act, which shares the same goal as FHLBank Atlanta’s program: to increase access to essential legal services, bridge wealth disparities, and give families confidence that their properties are secure for future generations.”

    Further, heirs’ property could be a more common challenge among lower income households. The survey indicated that 57% of homeowners with an annual household income under $50,000 do not have a will/trust or estate plan, and 42% in the same income range intend to leave their home to multiple heirs, exacerbating the potential risk.

    “When ownership of a property is unclear, it hinders the accumulation of generational wealth and makes it hard for the home to be maintained or sold, often leading to neighborhood blight,” said FHLBank Atlanta Senior Vice President and Director of Community Investment Services Tomeka Strickland. “The Family Wealth Protection Fund was created to help individuals protect their hard-earned assets for future generations while strengthening communities.”

    For additional information on FHLBank Atlanta’s Heirs’ Property Family Wealth Protection Fund or to identify a FHLBank Atlanta member financial institution for partnership opportunities, visit the Bank’s Find a Member page or contact Community Investment Services at 800.536.9650, option 3 or FHLBAtlantaHeirsProperty@fhlbatl.com.

    About the Federal Home Loan Bank of Atlanta
    FHLBank Atlanta is a member-owned cooperative that offers competitively-priced financing, community development grants, and other banking services to assist its member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households.

    For more information, visit our website at www.fhlbatl.com.

    Survey Method

    The survey was conducted online within the United States by The Harris Poll on behalf of Federal Home Loan Bank of Atlanta from August 20-22, 2024, among 1,306 homeowners. The sampling precision of Harris online polls is measured using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.2 percentage points using a 95% confidence level.

    CONTACT:
    Sheryl Touchton
    Federal Home Loan Bank of Atlanta
    stouchton@fhlbatl.com
    404.716.4296

    The MIL Network

  • MIL-OSI: Aether Fuels Signs MOU with JetBlue

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Aether Fuels (Aether), a venture-backed climate technology company, today announced that it has signed a Memorandum of Understanding (MOU) with JetBlue (NASDAQ: JBLU). Aether has developed a breakthrough technology that utilizes a diverse array of waste feedstocks to produce sustainable liquid fuels at a lower cost and greater scale than existing approaches. The agreement creates a pathway for Aether to supply JetBlue with sustainable aviation fuel (SAF) when commercial production begins.

    The MOU extends Aether’s relationship with JetBlue that began when its venture capital subsidiary, JetBlue Ventures, invested in Aether’s convertible note and Series A financings.

    Aether’s technology, known as Aether Aurora™, uses a range of waste carbon feedstocks that do not compete with food or feed value chains. This critical “feedstock flexibility” differentiator enables the large-scale deployment of Aether Aurora technology and contributes to the breakthrough economics that are essential for sustainable liquid fuels, by enabling the conversion of numerous abundant waste carbon feedstocks into jet fuel. This overcomes the supply constraints faced by many other SAF production processes that rely on a limited type of often-scarce or cost-constrained feedstocks.

    The technology, an enhanced version of the Fischer-Tropsch (FT) process, combines innovations in chemistry (catalysts), equipment (reactors), and novel process flow schemes that enable major process simplifications (intensification) when converting waste carbon streams, such as captured carbon dioxide, industrial waste gases, biogas and treated agricultural residues, into liquid hydrocarbons. It is a robust, flexible, and efficient process engineered to deliver high yield and broad feedstock support at lower investment and operating costs.

    This MOU is the first for Aether in the SAF space. It comes as the company’s team of expert technologists, in partnership with GTI Energy, are constructing a 100 gallon-per-day (380l/day) pilot line that builds on the successful operation of an existing 1.5 gallon-per-day (6l/day) pilot line. The work leverages eight years of technology development initiated by GTI Energy and accelerates the commercial deployment of Aether Aurora at scale.

    In parallel, Aether is developing a pipeline of commercial-scale production facilities. This includes projects in the U.S. and Southeast Asia to produce SAF and other high-value sustainable liquid fuels in collaboration with select strategic partners.

    “JetBlue is a leader in proactively transitioning to SAF so their interest in the company and the Aether Aurora technology is gratifying,” said Conor Madigan, Co-founder and CEO at Aether. “For a disruptive technology like ours, early and informed input from potential users, including airlines, can accelerate the ramp from R&D to commercialization. We are excited to engage with JetBlue and look forward to supporting their SAF vision.”

    “Scaling up production of SAF is the essential challenge to solve for the decarbonization of aviation,” said Sara Bogdan, Managing Director of Sustainability and ESG at JetBlue. “Aether Fuels’ technology targets a key need. By enabling access to a much wider range of feedstocks than previously available, the new technology shows incredible promise to help SAF reach the commercial scale needed for the industry transition to renewable fuels. As our investment via JetBlue Ventures demonstrates, we are believers in the Aether technology and team, and we look forward to being part of that journey.”

    Aether Aurora is trademarked by Aether Fuels

    About JetBlue: JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue, known for its low fares and great service, carries customers to more than 100 destinations throughout the United States, Latin America, the Caribbean, Canada and Europe. For more information and the best fares, visit jetblue.com.

    About Aether Fuels: Aether Fuels envisions a net-zero world enabled by its breakthrough sustainable liquid fuel production technology. We are developing highly scalable solutions that dramatically improve the unit economics of producing sustainable fuels for aviation and ocean shipping. Established in 2022 as a spin-out of Xora Innovation, a deep-tech early-stage investment platform of Temasek, we maintain principal offices in the U.S. and Singapore. For more information, visit www.aetherfuels.com or follow us on LinkedIn.

    Contact

    Kelsey Duke; Diffusion PR for Aether Fuels; email: AetherFuels@Diffusionpr.com

    The MIL Network

  • MIL-OSI: Des Moines Register Names VizyPay as Top Workplace for Fourth Year in a Row

    Source: GlobeNewswire (MIL-OSI)

    WAUKEE, Iowa, Sept. 23, 2024 (GLOBE NEWSWIRE) — VizyPay, the leading payment processing fintech serving small businesses in rural America, today announces its recognition as an Iowa Top Workplace by the Des Moines Register for the fourth year in a row. The winners are selected based solely on employee feedback gathered through a third-party survey that measures employee experience and themes of employees feeling respected and supported, enabled to grow, and empowered to execute.

    VizyPay was recognized specifically for its transparent, diverse and energetic environment. The company represents a melting pot of diverse backgrounds, ideas, and perspectives, creating an atmosphere that fosters innovation and creativity. The strong culture fuels success and enables top-notch service to VizyPay merchants year after year.

    “This recognition highlights the strength of #TeamVizy. At VizyPay, we prioritize our team over everything else, fostering an environment where we build strong relationships, enjoy ourselves, and support each other’s professional growth,” said VizyPay CEO Austin Mac Nab. “Our team is more than just colleagues; we’re a family that supports each other through thick and thin. We celebrate our successes and learn from our failures, always striving to be better.”

    “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That’s something to be proud of. In today’s market, leaders must ensure they’re allowing employees to have a voice and be heard. That’s paramount. Top Workplaces do this, and it pays dividends.”

    For more information about VizyPay’s culture, please visit www.vizypay.com.

    About VizyPay
    Headquartered in Waukee, Iowa, VizyPay was founded in 2017 by entrepreneurs who each had either significant credit card processing experience or were previously small business owners. Their combined understanding of these different industries created the perfect cocktail for a credit card processing company that could truly look out for the business owner. Making a huge splash nationwide by being honest and simple, VizyPay ranked #1841 on the 2023 Inc. 5000 list of fastest-growing private companies in America with a three-year revenue growth of 305%.

    About Energage
    Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 18 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

    Media Contact
    Alexis Ware
    Uproar PR for VizyPay
    aware@uproarpr.com

    The MIL Network

  • MIL-OSI: Banzai to Host Shareholder Update Conference Call Webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern Time

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, Sept. 23, 2024 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call webcast on Tuesday, October 1, 2024 at 11:00 a.m. Eastern time to discuss recent announcements, review ongoing initiatives, and anticipated 2024 milestones.

    Banzai Founder and CEO Joe Davey will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.

    To access the call, please use the following information:

    A replay of the webcast and the presentation utilized during the call will be available in the Company’s investor relations section here.

    About Banzai

    Banzai is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. On a mission to help their customers achieve their mission, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai customers include Square, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

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

    Media
    Rachel Meyrowitz
    Director, Demand Generation, Banzai
    rachel.meyrowitz@banzai.io

    The MIL Network

  • MIL-OSI: Innofactor Plc: Managers’ Transactions – Risto Linturi

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Managers’ Transactions, on September 23, 2024, at 16:25 Finnish time

    Innofactor Oyj – Managers’ Transactions

    ____________________________________________

    Person subject to the notification requirement
    Name: Risto Linturi
    Position: Member of the Board/Deputy member
    Issuer: Innofactor Oyj
    LEI: 7437008OSKQFEDZYD835
    Notification type: INITIAL NOTIFICATION
    Reference number: 78187/4/4

    ____________________________________________

    Transaction date: 2024-09-19
    Venue: NASDAQ HELSINKI LTD (XHEL)
    Instrument type: SHARE
    ISIN: FI0009007637
    Nature of transaction: DISPOSAL

    Transaction details
    (1): Volume: 337304 Unit price: 1.68 EUR

    Aggregated transactions (1):
    Volume: 337304 Volume weighted average price: 1.68 EUR

    Espoo, September 23, 2024

    INNOFACTOR PLC

    Eija Theis, General Counsel

    Additional information:
    Eija Theis, General Counsel
    Innofactor Plc
    Tel. +358 44 343 4278
    eija.theis@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com
    #ModernDigitalOrganization #PeopleFirst #CreatingSmiles #BeTheRealYou

    The MIL Network

  • MIL-OSI: Partners Value Split Corp. Announces $125,000,000 Public Offering of Class AA Preferred Shares, Series 14

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”) announced today that it has entered into an agreement to sell 5,000,000 Class AA Preferred Shares, Series 14 (the “Series 14 Preferred Shares”) to a syndicate of underwriters led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc. on a bought deal basis.

    The Series 14 Preferred Shares will be issued at a price of $25.00 per share, for gross proceeds of $125,000,000. The Series 14 Preferred Shares will carry a fixed coupon of 5.50% and will have a final maturity of June 30, 2030. The Series 14 Preferred Shares have a provisional rating of Pfd-2 from DBRS Limited. The net proceeds of the offering will be used by the Company in connection with the Company’s redemption of its outstanding Class AA Preferred Shares, Series 8 and to pay a special dividend on the Company’s capital shares.

    The Company has granted the underwriters an option, exercisable in whole or part prior to closing, to purchase up to an additional 1,000,000 Series 14 Preferred Shares at the same offering price, which, if exercised in full, would increase the gross offering size to $150,000,000. Closing of the offering is expected to occur on or about September 27, 2024.

    The Company owns a portfolio consisting of approximately 119 million Class A Limited Voting Shares of Brookfield Corporation and approximately 30 million Class A Limited Voting Shares of Brookfield Asset Management Ltd. (collectively, the “Brookfield Securities”),which are expected to yield quarterly dividends that are sufficient to fund quarterly fixed cumulative preferential dividends for the holders of the Company’s preferred shares and to enable the holders of the Company’s capital shares to participate in any capital appreciation of the Brookfield Securities.

    Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. Brookfield Corporation has three core businesses: alternative asset management, wealth solutions, and its operating businesses which are in renewable power, infrastructure, business and industrial services, and real estate. Brookfield Corporation is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BN.

    Brookfield Asset Management Ltd. (“BAM”) is a leading global alternative asset manager with approximately US$1 trillion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit. BAM’s objective is to generate attractive, long-term risk-adjusted returns for the benefit of its clients and shareholders. BAM is listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol BAM.

    Jason Weckwerth, Chief Financial Officer, will be available at (416) 363-9491 to answer any questions regarding the offering.

    This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and regulations. The words “expected”, “will”, “agreed” and “enable” and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters or identify forward-looking information. Forward-looking information in this news release includes statements with regard to the provisional rating on the Series 14 Preferred Shares, which is not a final rating, the use of proceeds of the offering and quarterly dividends from the Company’s portfolio of Brookfield Securities which are expected to fund quarterly fixed cumulative preferential dividends for holders of the Company’s preferred shares and to enable holders of its capital shares to participate in any capital appreciation of the Brookfield Securities. Although the Company believes that the anticipated future results or achievements expressed or implied by the forward-looking information and statements are based upon reasonable assumptions and expectations, the reader should not place undue reliance on the forward-looking information and statements because they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking information and statements. Factors that could cause actual results to differ materially from those contemplated or implied by the forward-looking information and statements include: the behaviour of financial markets, including fluctuations in interest and exchange rates, availability of equity and debt financing and other risks and factors detailed from time to time in the Company’s other documents filed with the Canadian securities regulators. We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking information to make decisions with respect to the Company, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as may be required by law, the Company undertakes no obligation to publicly update or revise any forward-looking information or statements, whether written or oral, that may be as a result of new information, future events or otherwise. Reference should be made to the Company’s short form base shelf prospectus dated September 19, 2024 for a description of the major risk factors.

    The MIL Network

  • MIL-OSI: Canon U.S.A., Inc. Supports Cross-University Project

    Source: GlobeNewswire (MIL-OSI)

    MELVILLE, N.Y., Sept. 23, 2024 (GLOBE NEWSWIRE) — Aligned with its commitment to supporting higher education and fostering collaboration, Canon U.S.A., Inc., a leader in digital imaging solutions, is proud to announce its support of a collaborative project between Syracuse University and Universidad del Sagrado Corazón in San Juan, Puerto Rico through which their students created a documentary film. The project was made possible through the help of powerful technology provided by Canon1, enabling students from both universities to work together to bring their ideas to life from ideation to execution. The resulting documentary, A Tale of Two Cities, will make its debut at the upcoming Syracuse Film Festival in Syracuse, New York, showcasing the students’ unique perspectives and collaborative efforts.2

    Under the guidance of faculty members Milton Santiago at Syracuse University and Professor Harold Leonard Navarro at Universidad del Sagrado Corazón, students explored a topic of mutual regional significance. Despite the geographic distance between the two groups, they were able to seamlessly collaborate using Canon’s AMLOS (Activate My Line of Sight) solution and captured the documentary on Canon’s EOS R5C hybrid camera. Canon’s AMLOS solution facilitated real-time interaction, allowing the students to communicate in an engaging way to merge their unique perspectives and skills into a cohesive documentary project.

    “This project truly enabled our students to understand the power of collaboration,” said Santiago, an assistant professor of visual communications at Syracuse University’s renowned Newhouse School of Public Communications.

    “Despite being geographically distant, the students at Syracuse and at Sagrado were able to rally around a common goal: telling an important story while raising awareness about a timely issue,” Santiago added. “In joining forces through storytelling, the work they have created will have impact beyond our academic walls.”

    In exclusive behind-the-scenes footage, captured on Canon’s EOS R5 C camera, students reflect on how they used the AMLOS solution to collaborate seamlessly across geographic boundaries.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    Additional footage shows the students working with the EOS R5 C camera to bring their documentary vision to life, highlighting the impact of Canon’s technology on their creative process.

    A Media Snippet accompanying this announcement is available by clicking on this link.

    The benefits of Canon’s technology extended beyond merely facilitating interaction. It empowered students to work together to merge their perspectives seamlessly to help them create a polished final product.

    “The success of this project demonstrates that technology is an extremely powerful tool for collaboration across academic disciplines,” said Professor Navarro. “This experience has opened the door for future projects, bringing together students and faculty from diverse backgrounds in innovative ways.”

    Students echoed this sentiment, emphasizing how the project made a profound impact on their learning experience.

    “The experience that everyone got from this project is something that will leave a lasting impact on us,” said Jennifer Wybieracki, master’s graduate student at Syracuse University. “The collaboration between multidisciplinary fields is super important as we’re able to see how different industries operate and how we all contribute to the end product.”

    “We thank Canon for providing us with the equipment that allowed us to present the reality of the community by enabling us to obtain high-quality content,” said Victor Jiménez, journalism undergraduate student at Universidad del Sagrado Corazón.

    Supporting this collaborative project underscores Canon’s ongoing commitment to fostering creativity and innovation across academic institutions.

    “At Canon, we believe that technology has the power to transcend boundaries, whether geographic, cultural, or academic,” said Shinya Fukuda, senior vice president, Corporate Planning and Communications, Canon U.S.A., Inc. “By supporting this cross-university collaboration, we’re proud to help equip the next generation of filmmakers and storytellers with the tools they need to not only share their unique perspectives but also to foster meaningful connections through creativity and innovation.”

    About Newhouse School at Syracuse University

    The S.I. Newhouse School of Public Communications at Syracuse University trains the next generation of communications leaders, preparing students to not only enter a rapidly changing media industry, but to shape its future. Called one of the “very best schools” in its field by the Accrediting Council on Education in Journalism and Mass Communications (ACEJMC) in a 2023 report, Newhouse has been lauded for providing an excellent educational experience due to its outstanding students, faculty, staff, leadership and facilities, as well as financial stability and a deep curriculum. Newhouse is committed to expanding academic excellence through research and creative activity, as well as community engagement and professional opportunities to help students develop their skill set outside the classroom.

    About Universidad del Sagrado Corazón

    The Universidad del Sagrado Corazón is the oldest educational project in Puerto Rico, founded in 1880. It is located in the heart of Santurce, in the capital city of San Juan. The university offers academic programs that foster innovative thinking and creativity, helping students develop into leaders across various industries. The Ferré Rangel School of Communication is the premier institution for media and communication studies in Puerto Rico and the Caribbean. Its graduates hold leadership roles in media and communication organizations both domestically and internationally. Learn more about the Ferré Rangel School of Communication at https://www.sagrado.edu/en/communications/

    About Canon U.S.A. Inc.

    Canon U.S.A. Inc. is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $29.4 billion in global revenue, its parent company, Canon Inc. as of 2023 has ranked in the top-five overall in U.S. patents granted for 38 consecutive years. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To learn more about Canon, visit us at www.usa.canon.com and connect with us on LinkedIn at https://www.linkedin.com/company/canonusa.

    † Based on weekly patent counts issued by United States Patent and Trademark Office.

    1 Canon U.S.A., Inc. also provided limited financial support to the schools for the project.

    The views and opinions expressed in the documentary are the views and opinions of the makers thereof and do not reflect the views and opinions of Canon U.S.A.

    To learn more about the AMLOS solution, including requirements, technical specifications and compatibility information please contact your Canon Authorized Representative. Subscription to, purchase, and use of other Canon and third-party services and solutions required for set-up, sound, to see remote users, and other features. Subject to applicable Canon or third-party provider’s terms and conditions. Neither Canon Inc. nor Canon U.S.A., Inc. represents or warrants any third-party product, service, or feature referenced hereunder.

    Not responsible for typographical errors.

    Canon is a registered trademark of Canon Inc. in the United States and may also be a registered trademark or trademark in other countries. AMLOS, the AMLOS logo and Activate My Line of Sight are trademarks of Canon U.S.A., Inc. All referenced product names, and other marks, are trademarks of their respective owners.

    Contact info: Nicole Esan Niesan@cusa.canon.com

    The MIL Network

  • MIL-OSI: Taglich Brothers Initiates Coverage of RYVYL Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — Taglich Brothers, Inc. announces that it has initiated coverage of RYVYL Inc. (NASDAQ: RVYL).

    RYVYL Inc., headquartered in San Diego, California, is a global financial payment processing technology organization that has developed applications in order to provide an end-to-end suite of turnkey financial products with enhanced security, data privacy, identity theft protection, and rapid speed to settlement. The technology platform can process high volumes of unchanged transactional records at the speed of the internet for first-tier partners, merchants, and consumers. The company provides private and white label licensing opportunities for its payment processing technology offerings.

    The complete 20-page report is available at https://taglichbrothers.com/

    Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

    We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Axos Clearing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the company mentioned in this report. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company within the last three years.

    All research issued by Taglich Brothers, Inc. is based on public information. In September 2024, the company paid Taglich Brothers a monetary fee of $9,000 (USD) representing payment for the creation and dissemination of research reports for three months. Three-months after publication of the initial report (January 2025), the company will begin paying Taglich Brothers a monthly monetary fee of $3,000 (USD) for the creation and dissemination of research reports for a minimum of twelve months after the date the initiation report is first published.

    Contact:
    Rick Oh
    Taglich Brothers, Inc.
    631-757-1500

    The MIL Network

  • MIL-OSI: Innofactor Plc: Managers’ Transactions

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Managers’ Transactions, on September 23, 2024, at 16:30 Finnish time

    Innofactor Oyj – Managers’ Transactions

    ____________________________________________

    Person subject to the notification requirement
    Name: R. Linturi Oyj
    Position: Closely associated person
    (X) Legal person

    (1):Person Discharging Managerial Responsibilities In Issuer
    Name: Risto Linturi
    Position: Member of the Board

    Issuer: Innofactor Oyj
    LEI: 7437008OSKQFEDZYD835
    Notification type: INITIAL NOTIFICATION
    Reference number: 78198/4/4

    ____________________________________________

    Transaction date: 2024-09-19
    Venue: NASDAQ HELSINKI LTD (XHEL)
    Instrument type: SHARE
    ISIN: FI0009007637
    Nature of transaction: DISPOSAL

    Transaction details
    (1): Volume: 489107 Unit price: 1.68 EUR

    Aggregated transactions (1):
    Volume: 489107 Volume weighted average price: 1.68 EUR

    Espoo, September 23, 2024

    INNOFACTOR PLC

    Eija Theis, General Counsel

    Additional information:
    Eija Theis, General Counsel
    Innofactor Plc
    Tel. +358 44 343 4278
    eija.theis@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com
    #ModernDigitalOrganization #PeopleFirst #CreatingSmiles #BeTheRealYou

    The MIL Network

  • MIL-OSI: Bitget Introduces Multi-Asset Margin Mode for USDT-M Futures, Enhancing Capital Efficiency

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Sept. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the launch of the USDT-M Futures in Multi-Asset Mode, available to all users starting on September 23, 2024, at 16:00 (UTC+8). This new feature allows users to trade USDT-margined futures by using non-USDT assets as margin, offering greater flexibility and capital efficiency.

    In single-asset margin mode, only USDT is used as collateral, whereas multi-asset margin mode allows users to leverage a variety of cryptocurrencies for USDT-M Futures trading. Bitget’s Multi-Asset Margin Mode now supports BTC, ETH, SOL, XRP, PEPE, USDC, BGB, and USDT as collateral. This means users can utilize their existing assets directly for margin trading without needing to convert them into USDT. Bitget will continue to update the list of supported assets as market conditions change, providing users with more trading options.

    “At Bitget, we are dedicated to offering top-tier trading solutions that meet the diverse needs of our users. The introduction of the Multi-Asset Margin Mode is a significant step toward enhancing our users’ trading experience, empowering them to maximize the utility of their assets while providing more flexibility in managing their portfolios. This is just one of many innovations we are implementing to improve the trading experience and deliver secure, efficient solutions for our expanding global community,” commented Gracy Chen, CEO of Bitget.

    To utilize the Multi-Asset Margin Mode on the Bitget platform, users simply need to follow a few steps. First, switch the margin mode to multi-asset in the margin section of the trading page. Next, by transferring coins from their spot account to the USDT-M Futures account as margin, users can adjust their leverage according to their risk tolerance and trading strategy.

    As one of the largest derivatives trading platforms in crypto, Bitget is renowned for its high liquidity, low fees, and stability, supporting over 300 cryptocurrencies. The futures trading volumes of major assets like BTC consistently rank Bitget among the top two in the industry. Additionally, to help users trade smarter, Bitget supports tools such as copy trading and AI bots in the derivatives market, enabling the optimization of trading strategies and the automation of trading operations.

    This new mode enhances the capital efficiency of users by allowing them to trade without needing to liquidate or convert their preferred cryptocurrencies. Bitget remains dedicated to continuous innovation and to meeting the demand for more flexible derivatives products, empowering its 45 million users to manage and diversify portfolios in a rapidly evolving market.

    For more information on Bitget Multi-Asset Margin Mode, please visit here.

    About Bitget
    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b6dd6544-cd36-43be-800d-bea2108c0800

    The MIL Network

  • MIL-OSI: Intesa Sanpaolo is the World’s Leading Bank for Diversity and Inclusion in the 2024 “Ftse Diversity & Inclusion Index – Top 100”

    Source: GlobeNewswire (MIL-OSI)

    MILAN and TURIN, Italy, Sept. 23, 2024 (GLOBE NEWSWIRE) — Intesa Sanpaolo has been ranked the world’s leading bank among the 100 most inclusive and diversity-sensitive workplaces in the FTSE Diversity & Inclusion Index – Top 100, the FTSE Russel (formerly Refinitiv) international index. The Group ranks seventh globally among all companies, and is the leading banking group worldwide as well as the only Italian bank in the index.

    The analysis by FTSE Russell assesses more than 15,500 listed companies worldwide, using 24 parameters that fall into four key categories: gender diversity, inclusion, people development and controversies. FTSE Russell is a leading global provider of benchmarking, analytics and data solutions.

    Inclusion in the FTSE Diversity & Inclusion Index – Top 100 underlines the commitment of Intesa Sanpaolo, led by CEO Carlo Messina, to promoting diversity and inclusion as essential components for growth. It also reflects the Group’s commitment to promoting an inclusive workplace, that welcomes and values all forms of diversity, supported by a process of continuous measurement, evaluation and enrichment of the results obtained.

    “Society, the business world, and especially the banking sector are experiencing rapid, transformative changes driven by new technologies.

    “At Intesa Sanpaolo, we believe that the human factor – the talent and dedication of our people – is more important than ever to face these new realities. That’s why we invest significant effort, resources, and innovative programs in our employees, aimed at building a bank that nurtures the best talents with a focus on inclusivity and appreciation for the richness of human capital in terms of gender and other forms of diversity.

    “This recognition from such a prestigious index is both an honor and an encouragement to keep advancing in this direction.”

    Carlo Messina, CEO of Intesa Sanpaolo

    Media Relations Intesa Sanpaolo
    international.media@intesasanpaolo.com

    Intesa Sanpaolo
    Intesa Sanpaolo, with over €422 billion in loans and €1.35 trillion in customer financial assets at the end of June 2024, is the largest banking group in Italy, with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. The Group will provide €115 billion of Impact lending by 2025 to support communities and the green transition, together with a €1.5 billion program (2023-2027) to help people in need. The Bank’s network of museums, the Gallerie d’Italia, hosts its owned artistic heritage and cultural projects of recognized value.

    News: group.intesasanpaolo.com/en/newsroom
    X: @intesasanpaolo

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b0c50f6-2842-48f3-9bc4-979813f4d7b6

    The MIL Network

  • MIL-OSI: Top KingWin Announces Update to Supply Chain Business – Tuoxun Technology (Shenzhen) Co., Ltd. Signs A Letter of Intent with Top KingWin’s Subsidiary, Guji Technology (Shenzhen) Co., Ltd.

    Source: GlobeNewswire (MIL-OSI)

    GuangZhou, China, Sept. 23, 2024 (GLOBE NEWSWIRE) — Top Kingwin Ltd (the “Company”) (NASDAQ – TCJH) announced today that its subsidiary, Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”) signed a nonbinding letter of intent (“LOI”) with Tuoxun Technology (Shenzhen) Co., Ltd. (“Tuoxun Technology”), for the potential sale of 1,000 units of Lenovo Think System SR588/860 servers to Tuoxun Technology. The term of the LOI is one year from September 30, 2024 to September 29, 2025, and the parties may not enter into any definitive purchase agreement. The final purchase price will be decided based on the listed market price and the minimum market price for the product to be set forth in a definitive purchase agreement.

    Guji Technology’s hardware supply chain business continues to expand, covering areas such as servers, integrated circuits and tablet computers. By continuously growing its market share in supply chain products, Guji Technology plans to enhance its reputation in the market.

    Guji Technology CEO Wei Dai commented: “With the rising demand for data processing, providing robust servers has become a key part of our supply chain business. By supplying these servers to Tuoxun Technology, we are expanding our market share in supply chain products.”

    Guji Technology remains committed to providing hardware supply to its customers to meet the growing demands. Looking ahead, Guji Technology plans to continue to deepen its partnerships within the industry and further expand its market presence in hardware supply chain.

    About Top KingWin Ltd

    Top KingWin’s main clients are entrepreneurs and executives in small and medium-sized enterprises in China. Services provided by Top KingWin to its clients including (i) corporate business training services, which mainly focus on providing training services of advanced knowledge and new perspectives on the capital markets, (ii) corporate consulting services, which mainly focus on providing a combination of customized corporate consulting services to fulfill client’s unique financial needs, and (iii) advisory and transaction services, which mainly focus on connecting entrepreneurs and businesses with diversified sources of capital. Its mission is to provide comprehensive services to address clients’ needs throughout all phases of their development and growth.

    Forward-Looking Statements

    This press release contains forward-looking statements. All statements other than statements of historical fact in this press release are forward-looking statements, including but not limited to, the use of proceeds from the Company’s offering, the intent, belief or current expectations of Top KingWin and members of its management, as well as the assumptions on which such statements are based. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Bonnie

    Email: IR@tcjhgw.cn

    SOURCE: Top Kingwin Ltd

    The MIL Network

  • MIL-OSI: 38/2024・Trifork Group AG – Financial Calendar 2025

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 38 / 2024
    Schindellegi, Switzerland – 23 September 2024


    Trifork Group – Financial Calendar 2025

    Trifork today publishes its financial calendar for 2025.

    Q4 and Annual Report 2024 28 February 2025
    Annual General Meeting 2025 15 April 2025
    Q1 Report 2025 6 May 2025
    Q2 & Half-Year Report 2025 19 August 2025
    Q3 Report 2025 31 October 2025

    Contact
    Frederik Svanholm, Group Investment Director & Head of IR
    frsv@trifork.com, +41 79 357 7317


    About Trifork Group
      
    Trifork is a globally pioneering technology partner to its enterprise and public sector customers. The group has 1,273 employees across 74 business units in 15 countries. Trifork works in six business areas: Digital Health, FinTech, Smart Building, Smart Enterprise, Cloud Operations, and Cyber Protection. Trifork’s research and development takes place in Trifork Labs, where Trifork continuously invests in and develops technology companies. Trifork owns and operates the software conference brands GOTO and YOW! and the global GOTO tech community with more than one million online subscribers and 72 million video views. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network

  • MIL-OSI: Infrastructure Dividend Split Corp. Class A Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Infrastructure Dividend Split Corp. (TSX:IS) (the “Fund”) is pleased to announce that a distribution for September 2024 will be payable to Class A shareholders as follows:

    Record Date Payable Date Distribution Per
    Preferred Share
    September 30, 2024 October 15, 2024 $0.125
         

    The equity shares trade on the Toronto Stock Exchange under the symbol IS.

    Middlefield

    Founded in 1979, Middlefield is a specialist equity income asset manager with offices in Toronto, Canada and London, England. Our investment team utilizes active management to select high-quality, global companies across a variety of sectors and themes. Our product offerings include proven dividend-focused strategies that span real estate, healthcare, innovation, infrastructure, energy, diversified income and more. We offer these solutions in a variety of product types including ETFs, Mutual Funds, Closed-End Funds, Split-Share Funds and Flow-through LPs.

    For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

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

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    AngloGold Ashanti 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
    20.09.2024  
    (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, Centamin 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 1 ordinary GB00BRXH2664  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 1,665,180* 0.39      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell: 205,500 0.04 410,000 0.09  
      Total 1,870,680* 0.44 410,000 0.09  
    *The change in the holding of 2,154 shares since the last disclosure on 13.09.2024 is due to the transfer out of a discretionary holding.  
       
    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 1 ordinary GB00BRXH2664 Sale 1,311 28.03 USD  
    USD 1 ordinary GB00BRXH2664 Sale 05 28.06 USD  
       
    (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? YES  
       
    Date of disclosure 23.09.2024  
    Contact name Philippa Holmes  
    Telephone number +441491417447  
       

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

                                              SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

    DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

    Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    Full name of person making disclosure: Invesco Ltd.
    Name of offeror/offeree in relation to whose relevant securities the disclosure relates: AngloGold Ashanti PLC

    2.        STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

    Class of relevant security Product description e.g. call option Written or purchased Number of securities to which option or derivative relates Exercise price per unit Type

    e.g. American, European etc.

    Expiry date
    USD 1 ordinary GB00BRXH2664 Put Option Written 102,500 1.17 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Put Option Written 103,000 1.31 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 1.62 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.63 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.61 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.77 USD American 18/10/2024

    3.        AGREEMENTS TO PURCHASE OR SELL ETC.

    Full details should be given so that the nature of the interest or position can be fully understood:
     

    It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

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

    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: Invesco Ltd: Form 8.3 – DS Smith PLC ;Public dealing disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Smith (DS) 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
    20.09.2024  
    (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, International Paper Company  
       
    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 GB0008220112  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 5,955,810* 0.43      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 5,955,810* 0.43      
    *The change in the holding of 1,232 shares since the last disclosure on 12.09.2024 is due to the transfer in of a discretionary holding.

    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 GB0008220112 Sale 43,783 4.68 GBP  
    10p Ordinary GB0008220112 Purchase 332 4.68 GBP  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
            
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements, or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 23.09.2024  
    Contact name Philippa Holmes  
    Telephone number +441491417447  
       

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

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

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

    The MIL Network

  • MIL-OSI: Real Estate Split Corp. Class A and Preferred Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Real Estate Split Corp. (TSX: RS and RS.PR.A) is pleased to announce that a distribution for September 2024 will be payable to Class A shareholders as follows:

    Record Date Payable Date Distribution Per Equity Share
    September 30, 2024 October 15, 2024 $0.13

    The Fund also announces that the third quarter distribution of 2024 will be payable to preferred shareholders as follows:

    Record Date Payable Date Distribution Per Preferred Share
    September 30, 2024 October 15, 2024 $0.13125


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

    Middlefield

    Founded in 1979, Middlefield is a specialist equity income asset manager with offices in Toronto, Canada and London, England. Our investment team utilizes active management to select high-quality, global companies across a variety of sectors and themes. Our product offerings include proven dividend-focused strategies that span real estate, healthcare, innovation, infrastructure, energy, diversified income and more. We offer these solutions in a variety of product types including ETFs, Mutual Funds, Closed-End Funds, Split-Share Funds and Flow-through LPs.

    For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

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

    The MIL Network