NewzIntel.com

Category: Internet

  • MIL-OSI Economics: The implications of a democracies-only trade pact

    Source: International Chamber of Commerce

    Headline: The implications of a democracies-only trade pact

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    MIL OSI Economics –

  • MIL-OSI United Nations: Airing climate justice in Costa Rica on World Radio Day

    Source: United Nations 2

    By Carla Garcia

    Climate and Environment

    Quality radio remains ever universal, popular and more reliable in an era of artificial intelligence (AI) and social media, including in Costa Rica, where unique programming raises awareness and promotes public participation on climate decision making in Latin America, the theme of this year’s World Radio Day, marked annually on 13 February.

    In a crucial year for climate action which, in accordance with the Paris Agreement, seeks to limit global warming to 1.5°C above pre-industrial levels, World Radio Day is dedicated in 2025 to highlighting the power of broadcasting to bring climate change issues to prominence.

    That’s the goal of Climate Radio Route.

    Radio democratises

    Radio is considered the most reliable medium, according to the UN Educational, Scientific and Cultural Organization (UNESCO), which supports radio stations, like Climate Radio Route, in their journalistic coverage of this year’s theme.

    Adrián Martínez, director of La Ruta del Clima – the Climate Route – a Costa Rican non-governmental organization (NGO) promoting public participation in climate and environmental decision-making that has been an observer, advocating at the UN climate summits since 2014.

    “Radio in all its versions, whether digital or transmitted by antennas, is super important because it democratizes,” he told UN News . “Radio traditionally reaches places and communities where there is no Internet. It is also very generational. People interact with the radio day by day because it is ephemeral.”

    Climate hits the radio waves

    The Climate Route studies and exposes impacts “on the human rights of people in vulnerable communities in Latin America, especially in Central America, who have to deal with the adverse effects of climate change, for which they have very little responsibility but which is transforming their territories and ways of life”, Mr. Martínez explained.

    With the aim of disseminating and raising awareness in society about these issues, in 2015 the organization created the Ruta del Clima Radio – the Climate Radio Route.

    The programme was broadcast in the first years by a radio station of the University of Costa Rica and then by digital media through podcasts.

    Communities can make their voices heard

    “Communication that can have a massive reach has become very expensive and elitist,” Mr. Martínez said. “However, digital or traditional radio opens up that opportunity for communities, social organizations and movements to create their window and make their voices heard.”

    UNESCO argues that beyond popularising environmental concepts, by disseminating information independent of economic, ideological and political powers, radio can condition listeners’ perception of climate change, and the importance given to the issue.

    As such, radio can also contribute to shaping the public agenda and influencing policies in this regard.

    © La Ruta del Clima

    A training workshop on damage and loss in the community of Cahuita in Costa Rica.

    Connecting climate change to people

    The Climate Radio Route has focused a lot on connecting the issue of climate change with people, not only at the national level in Costa Rica, but throughout the Latin American region.

    The programme discusses issues most relevant in climate governance and amplifies the work and experiences and opinions of colleagues,  activists and experts from this region and others on climate issues.

    “Citizens can have information and criteria beyond what is in the official media and thus can have a more comprehensive vision and promote the effective participation of our communities in climate decisions,” Mr. Martínez said.

    Climate Route Radio productions are self-contained and include climate summits, community interviews and online interviews with people around the world in English or Spanish.

    In line with the SDGs

    The Climate Route underlines the importance of the 17 Sustainable Development Goals (SDGs), particularly those that refer to: climate action; peace, justice and solid institutions; and partnerships to achieve the goals.

    Mr. Martínez points out that the NGO has worked with some UN agencies, such as the UN Children’s Fund (UNICEF) and the UN Development Programme (UNDP).

    “We collaborate, for example, with the High Commissioner for Human Rights (OHCHR), on climate change issues, and we are always discussing with them and with the rapporteurs of the United Nations system or the OAS [Organization of American States] on environmental issues,” he said.

    Presidency of Costa Rica

    The impact of Storm Nate was catastrophic for Costa Rica, affecting 117 national roads and 113,000 hectares of agricultural production, damaging 423 bridges and causing more than $380 million in losses. (file)

    Climate justice claims

    Costa Rica is a country that for years has stood out for the ecological and climate awareness of its population and government, and the Climate Radio Route could have something to do with that awareness.

    “We know that we have a very specialised community of listeners and have helped to interact with this technical group from various countries: politicians, activists or members of governments or national delegations,” Mr. Martínez said, adding that it has also helped to talk about issues of human rights, gender and community perspective as well as make constructive criticism.

    This interaction, he adds, has made it possible to strengthen demands for climate justice.

    © La Ruta del Clima

    Adrián Martínez, director of La Ruta del Clima, facilitates a workshop on climate reparations at COP 29.

    A ‘very special’ radio

    “We are not a very large radio station, but perhaps very special in its message,” Mr. Martínez said. “I think that has opened doors for us to make our perspective known and create a link with this community that is sometimes difficult to engage.”

    In this vein, he underlined the relevance of radio.

    “It allows us to access communication in an oral way, which is sometimes very necessary to be able to have understanding,” he said. “The way we communicate orally is very different from the way we do in writing and sometimes we cannot communicate in the same way.”

    Radio is essential to be able to generate that dialogue of ideas, emotions and feelings that can enhance decision making for peace and for the construction of a better relationship with the environment.

    “I think we must continue to explore not only the use of radio, but also other media that connect us and understand the need to work together,” he said. “That is the important thing about the media: to be able to understand others and then to be able to take common action.”

    MIL OSI United Nations News –

  • MIL-OSI Economics: Huawei’s OptiXaccess MA5800T Smart 10G OLT Series Scores Highest Across the Board in GlobalData FTTP Competitive Landscape Assessment Feb 13, 2025

    Source: Huawei

    Headline: Huawei’s OptiXaccess MA5800T Smart 10G OLT Series Scores Highest Across the Board in GlobalData FTTP Competitive Landscape Assessment
    Feb 13, 2025

    [Shenzhen, China, February 13, 2025] GlobalData, a world-renowned consulting firm, released the 2024 Fiber to the Premise (FTTP) Competitive Landscape Assessment, which evaluates and ranks the OLT products of five top global vendors. Huawei’s OptiXaccess MA5800T smart 10G OLT series (MA5800T series) scored the highest across all five dimensions measured: density/scalability, backplane/system throughput capacity, ONT range, deployment flexibility, and customer and market traction. This placed Huawei at No.1 in overall competitiveness and highlighted its position as the leader in the FTTP field.
    Huawei 10G smart OLT leading across all dimensions in GlobalData report

    Specializing in ICT data analysis and consulting, GlobalData focuses on ICT industry research and provides evaluation reports on areas such as market research and forecast and product analyses. In its 2024 FTTP assessment, the MA5800T series has shown outstanding performance in the following five scoring dimensions defined by GlobalData:
    Density/Scalability
    An OLT should have high density and scalability. Huawei’s MA5800T series supports 8-/16-port symmetric/asymmetric triple-mode 50G PON with high-density deployment, meeting the access requirements for a large number of 10G users.
    Backplane/System Throughput Capacity
    An OLT should have sufficient capacity to support upstream and downstream links. The Huawei MA5800T series supports 1 Tbps per slot, leading the industry.
    ONT Range
    It is important for an OLT to support various ONT models during FTTP deployment. The Huawei MA5800T series supports concurrent access of GPON, 10G PON, and 50G PON ONTs, as well as being compatible with GPON and 10G PON user access on the live network, offering strong protection for customers’ live network investments.
    Deployment Flexibility
    An OLT should support the flexible deployment of different PON technologies and nodes of different scales. Huawei’s MA5800T series is compatible with GPON, 10G PON, and 50G PON technologies. Furthermore, it provides an optical power budget up to 32 dB, and enables smooth upgrades without the need to change existing ODNs, thus maximizing return on investment (ROI).
    Customer and Market Traction
    The quantity, quality, and scale of cooperation with operators were all key scoring criteria in the GlobalData FTTP report. The Huawei MA5800T series has been tested and deployed by more than 60 operators, more than any other vendor. In addition, it is the only 50G PON OLT that can currently enter commercial use.
    Huawei’s next-generation OptiXaccess MA5800T smart OLT series is the industry’s first smart OLT platform designed for the 10G era. Featuring a deterministic experience, ultra-large bandwidth, smooth upgrades, and native intelligence, it provides operators and enterprises with the solutions they need to quickly and efficiently deploy premium FTTP networks, and drives the transformation from bandwidth to experience monetization.

    MIL OSI Economics –

  • MIL-OSI Economics: Huawei’s OptiXaccess MA5800T Smart 10G OLT Series Scores Highest Across the Board in GlobalData FTTP Competitive Landscape Assessment

    Source: Huawei

    Headline: Huawei’s OptiXaccess MA5800T Smart 10G OLT Series Scores Highest Across the Board in GlobalData FTTP Competitive Landscape Assessment

    [Shenzhen, China, February 13, 2025] GlobalData, a world-renowned consulting firm, released the 2024 Fiber to the Premise (FTTP) Competitive Landscape Assessment, which evaluates and ranks the OLT products of five top global vendors. Huawei’s OptiXaccess MA5800T smart 10G OLT series (MA5800T series) scored the highest across all five dimensions measured: density/scalability, backplane/system throughput capacity, ONT range, deployment flexibility, and customer and market traction. This placed Huawei at No.1 in overall competitiveness and highlighted its position as the leader in the FTTP field.
    Huawei 10G smart OLT leading across all dimensions in GlobalData report

    Specializing in ICT data analysis and consulting, GlobalData focuses on ICT industry research and provides evaluation reports on areas such as market research and forecast and product analyses. In its 2024 FTTP assessment, the MA5800T series has shown outstanding performance in the following five scoring dimensions defined by GlobalData:
    Density/Scalability
    An OLT should have high density and scalability. Huawei’s MA5800T series supports 8-/16-port symmetric/asymmetric triple-mode 50G PON with high-density deployment, meeting the access requirements for a large number of 10G users.
    Backplane/System Throughput Capacity
    An OLT should have sufficient capacity to support upstream and downstream links. The Huawei MA5800T series supports 1 Tbps per slot, leading the industry.
    ONT Range
    It is important for an OLT to support various ONT models during FTTP deployment. The Huawei MA5800T series supports concurrent access of GPON, 10G PON, and 50G PON ONTs, as well as being compatible with GPON and 10G PON user access on the live network, offering strong protection for customers’ live network investments.
    Deployment Flexibility
    An OLT should support the flexible deployment of different PON technologies and nodes of different scales. Huawei’s MA5800T series is compatible with GPON, 10G PON, and 50G PON technologies. Furthermore, it provides an optical power budget up to 32 dB, and enables smooth upgrades without the need to change existing ODNs, thus maximizing return on investment (ROI).
    Customer and Market Traction
    The quantity, quality, and scale of cooperation with operators were all key scoring criteria in the GlobalData FTTP report. The Huawei MA5800T series has been tested and deployed by more than 60 operators, more than any other vendor. In addition, it is the only 50G PON OLT that can currently enter commercial use.
    Huawei’s next-generation OptiXaccess MA5800T smart OLT series is the industry’s first smart OLT platform designed for the 10G era. Featuring a deterministic experience, ultra-large bandwidth, smooth upgrades, and native intelligence, it provides operators and enterprises with the solutions they need to quickly and efficiently deploy premium FTTP networks, and drives the transformation from bandwidth to experience monetization.

    MIL OSI Economics –

  • MIL-OSI: Nokia and Cellcard upgrade residential fiber broadband network in Cambodia

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia and Cellcard upgrade residential fiber broadband network in Cambodia

    • Cellcard deploys Nokia’s next-generation XGS-PON solution, providing multi-gigabit broadband access to homes and businesses across Cambodia.
    • Cellcard uses Nokia’s Lightspan and Altiplano solutions to automate and increase the performance of its residential fiber broadband network.  
    • The upgraded network will enable Cellcard to provide enhanced broadband services and support new high-speed, low-latency applications such as Augmented Reality (AR) and Virtual Reality (VR).

    13 February 2025
    Phnom Penh, Cambodia – Nokia today announced that CAMGSM PLC, commercially known as Cellcard, will migrate its fiber network from GPON to XGS-PON using Nokia’s Lightspan and Altiplano broadband solutions. The modernized network will improve end-user experiences and provide up to 10Gb/s internet speeds to customers. It will also help Cellcard increase competitive advantage and enhance the reliability, flexibility, and scale of its fiber network to better support evolving customer demands.

    Under the agreement, Cellcard will deploy Nokia’s Lightspan Optical Line Terminals (OLTs) and its Altiplano Access Controller in the capital city of Phnom Penh, Siem Reap, and other major cities across the region. Nokia’s Altiplano Access Controller provides a cloud-native platform with a complete suite of network management and SDN control functions that will enable Cellcard to better visualize, automate and optimize the broadband access services it offers. Using Nokia’s Lightspan access nodes, Cellcard will also be able to establish a future-ready network that can seamlessly evolve to 25G PON and immediately address the growing demand for more capacity.

    Asitha De Costa, ICT Division CIO at Cellcard, said: “We are dedicated to delivering a best-in-class network experience to our customers, especially as data consumption continues to rise and individuals rely more on digital infrastructure for their professional and personal activities. We are delighted to collaborate with Nokia for the first time in our fiber networks domain to enhance the residential broadband experience of our subscribers. The new network will enable our users to enjoy high-bandwidth-consuming applications like gaming while enhancing network efficiency through automation.”

    Ajay Sharma, Head of South-East Asia North Sales, Network Infrastructure at Nokia, said: “We remain committed to helping service providers across the world transition to XGS-PON and automation to better support the growing demand for 10Gb/s services and need for improved network utilization and operational efficiencies. Our field-proven Lightspan and Altiplano solutions will help Cellcard modernize its fiber broadband network and enable them to reduce its power expenditure and lower its carbon emissions. This significant project reinforces our longstanding partnership with Cellcard.”

    Resources and additional information
    Product page: Altiplano Access Controller
    Product page: Lightspan FX fiber access nodes

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Communications, Asia Pacific
    Email: cordia.so@nokia.com

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

    Follow us on social media
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    The MIL Network –

  • MIL-OSI Security: Syracuse Man Sentenced to 30 Years in Prison for Sexual Exploitation of a Child and Distribution of Child Sexual Abuse Material

    Source: Office of United States Attorneys

    SYRACUSE, NEW YORK – William Seneca, Sr., age 65, was sentenced today to 30 years in federal prison to be followed by 15 years of supervised release for sexual exploitation of a child and distribution of child sexual abuse material. United States Attorney Carla B. Freedman and Erin Keegan, Special Agent in Charge of the Buffalo Field Office of Homeland Security Investigations (HSI), made the announcement.

    As part of his prior guilty plea, Seneca admitted that, from approximately 2000 through 2008, he engaged in sexual conduct with a minor male child, starting when the child was about seven years old. On several different occasions during that period, Seneca created sexually explicit images depicting that child. Seneca also admitted that, on at least one occasion, he distributed the material he created to someone in Canada.

    In addition to the terms of imprisonment and supervised release, the district court also ordered Seneca to pay $1,141.14 in restitution to the victim, and he will have to register as a sex offender upon his release from prison.

    This case was investigated by HSI with the assistance of the New York State Police and is being prosecuted by Assistant United States Attorney Michael D. Gadarian as part of Project Safe Childhood.

    Launched in May 2006 by the Department of Justice, Project Safe Childhood is led by United States Attorney’s Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS). Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    MIL Security OSI –

  • MIL-OSI Security: Federal jury convicts Florida man of attempting to coerce minor for sex in Missoula undercover investigation

    Source: Office of United States Attorneys

    MISSOULA — A federal jury today convicted a Florida man of attempting to coerce a minor for sex after he was arrested in Missoula in an undercover investigation, U.S. Attorney Jesse Laslovich said.

    After a three-day trial that began on Feb. 10, the jury found the defendant, Stevenson Metelus, 36, of Margate, Florida, guilty of attempted coercion and enticement of a minor. Metelus faces a mandatory minimum of 10 years to life in prison, a $250,000 fine and at least five years to a lifetime of supervised release.

    U.S. District Judge Donald W. Molloy presided. The court will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors. Sentencing was set for June 24. Metelus was released pending further proceedings.

    “Metelus was a truck driver passing through Montana when he used social media to attempt to coerce a minor to have sex with him. The problem for him was he was unwittingly talking to an undercover law enforcement officer. This is the kind of critical work our office and our law enforcement partners are doing across the state to keep kids safe. Our work will continue, and it can only be done effectively due to the diligence, brilliance, and dedicated service of the people in our office and our law enforcement partners,” U.S. Attorney Laslovich said.

    The government alleged at trial and in court documents that in October 2023, an FBI special agent, using a persona identified as Child 1, posted on MegaPersonals an advertisement for prostitution services in Missoula, listed the age of Child 1 as “99” and a phone number at which to contact Child 1. Metelus responded to the ad on Nov. 16, 2023 and asked Child 1 what her “specials” were. Metelus spoke with Child 1, eventually negotiating a price and sexual acts to engage in with her. Child 1 noted she was a minor girl. Ultimately, Metelus asked Child 1 to meet him in his truck when he arrived, but Child 1 said she had a room at the hotel and would leave the door open for him. Child 1 then said that she could meet him at a nearby gas station when he expressed concern about the plan. The undercover FBI agent had confidential source call Metelus and, acting as Child 1, spoke briefly with him. The confidential source again told Metelus that she was a minor. The parties then confirmed their plans to meet. Shortly thereafter, Metelus texted Child 1 that he had arrived at the gas station, where law enforcement arrested him. Metelus eventually admitted to law enforcement his intention was to meet Child 1 for commercial sex.

    The U.S. Attorney’s Office is prosecuting the case. The FBI’s Montana Regional Violent Crime Task Force, Missoula Police Department and Missoula County Sheriff’s Office conducted the investigation.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit Justice.gov/PSC.

    XXX

    MIL Security OSI –

  • MIL-OSI Security: Child Predator Sentenced to 84 Months’ Imprisonment

    Source: Office of United States Attorneys

    SALT LAKE CITY, Utah – Randall Walker Holland, 51, of West Jordan, Utah, was sentenced today to seven years’ imprisonment and a life term of supervised release after he admitted to distributing images of child sexual abuse.

    According to court documents and statements made at Holland’s change of plea and sentencing hearing, from May 2, 2024 thru May 9, 2024, Holland used his cellphone to communicate via social media and text messaging with an individual he believed had access to, and was abusing, a 12-year-old victim. The individual Holland was communicating with was an undercover officer.  During Holland’s communication he sent over 1,000 videos files of child sexual abuse materials to the undercover officer. Holland also discussed his interest in engaging in sexual acts with the 12- year-old victim. When Holland arrived at the meeting location, he was arrested by law enforcement.

    United States Attorney Trina A. Higgins of the District of Utah made the announcement.

    The case was investigated by the FBI Child Exploitation Task Force.

    Assistant U.S. Attorney Carol A. Dain of the U.S. Attorney’s Office for the District of Utah prosecuted the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    MIL Security OSI –

  • MIL-OSI: THE ANNOUNCEMENT on the holding of the extraordinary general meeting

    Source: GlobeNewswire (MIL-OSI)

    THE ANNOUNCEMENT
    on the holding of the extraordinary general meeting

    of a joint stock company:

    ZTS Sabinov, a. s., registered seat: Hollého 27, 083 30 Sabinov, ID No.: 00 590 797, registered in the Commercial Register of the District Court of Prešov, Sec.: Sa, Ins. No.: 76/P
    (hereinafter referred to as the “Company“)

    The Board of Directors of the Company, in accordance with § 184 et seq. of Act No. 513/1991 Coll., the Commercial Code, as amended (hereinafter referred to as the “Commercial Code“), convenes

    EXTRAORDINARY GENERAL MEETING
    OF THE COMPANY,

    to be held on 19.03.2025 at 08:00 a.m. at the registered seat of the Company, at Hollého 27, 083 30 Sabinov, with the following agenda:

    1. opening of the Extraordinary General Meeting and election of its bodies (chairman, recorder, verifiers of the minutes and scrutineers);
    1. deciding on changes to the Articles of Association of the Company;
    1. deciding on the termination of trading with all shares of the Company on the Bratislava Stock Market and on the fact that the Company ceases to be a public joint stock company and becomes a private joint stock company;
    1. deciding on the conversion of the type and form of all shares of the Company from book-entry bearer shares to registered paper shares;
    1. deciding on the approval of the process of conversion of all shares of the Company and the issuance of new shares;
    1. deciding according to § 161a of the Commercial Code;
    1. deciding on changes to the Articles of Association of the Company effective as of the date of the announcement of the mandatory takeover bid for the shares of the Company;
    1. closing.

    Registration and presentation of shareholders will take place at the premises of the Company from 07:00 a.m. to 07:55 a.m., personally arranged by authorized persons of the Company. Registration and presentation will close five (5) minutes prior to the commencement of the Extraordinary General Meeting.
    The decisive date for exercising the shareholder’s rights under Section 180(1) of the Commercial Code in the case of shares of a public joint-stock company is the third day preceding the date of the Extraordinary General Meeting, i.e. 16.03.2025.
    The person attending the Extraordinary General Meeting shall be required to prove their identity at the time of registration and presentation. In the case of the personal attendance of a person who is a shareholder:

    1. natural person shall present their valid identity document at the time of presentation and registration;
    1. legal entity shall hand over the original or an officially certified copy of a up to date extract from the commercial register or from a similar register, not older than 90 days, to the person in charge of the presentation and registration of shareholders; if the shareholder (legal entity) is not registered in such a register, the original or an officially certified copy of a up to date proof of the legal personality of such entity shall be handed over, including a document certifying who is authorized to act on behalf of the legal entity; at the same time, the natural person acting on behalf of the shareholder (legal entity) shall present their valid identity document;

    Shareholder may participate in the Extraordinary General Meeting represented by an authorized representative on the basis of a written power of attorney with the officially verified signature of the shareholder. In the case of a shareholder being represented by a representative, the representative shall:

    – shall hand over the original of the written power of attorney with the officially verified signature of the shareholder or an officially verified copy thereof at the time of registration and presentation to the authorized person of the Company;

    – shall hand over the original or an officially certified copy of the documents to be presented or handed over by the shareholder to prove the identity of the shareholder (except for the identity document to be presented) and the circumstances relating to the proceedings and the subject matter of the Extraordinary General Meeting;

    – shall present their valid identification document at the time of presentation and registration;
    Provided that the shareholder, holder of bearer shares, established, as a security covering the respective expenses, a pledge over at least one share of the company pursuant to Section 184(3) of the Commercial Code, shall have the right to request sending a copy of the draft amendment of the Articles of Association of the Company at his own expense and risk to the address given by them. The shareholder shall have the right to request information and explanations at the Extraordinary General Meeting that are relevant to the subject matter thereof. The Board of Directors is obliged to provide the shareholder with the information in writing no later than 15 days after the Extraordinary General Meeting.

    The Board of Directors of the Company, in accordance with Section 184(6) of the Commercial Code, hereby notifies the shareholders of the substance of the proposed changes to the Articles of Association of the Company, which changes are to be subject to decision in accordance with items 2. and 7. of the proposed agenda of the Extraordinary General Meeting:

    • establishment of the shareholders’ right to decide on the conversion of the form of shares of the Joint Stock Company (agenda item 2);
    • change in the details of the type and form of the shares as a result of the conversion of the shares of the Company (agenda item 7);
    • establishing the obligation of the Company to keep a list of shareholders holding registered shares (agenda item 7);
    • regulation of the rights and obligations of shareholders holding registered paper shares in accordance with the provisions of the Commercial Code (agenda item 7);

    Information for Shareholders of the Company:

    • shareholder has the right to attend and vote at the Extraordinary General Meeting. The number of votes of a shareholder corresponds to the ratio of the nominal value of his shares to the amount of the share capital of the Company, whereby one vote shall be cast for every EUR 16.00 of the nominal value of the shareholder’s shares;
    • shareholder attends the extraordinary general meeting at his own expense;
    • shareholder has the right to request information and explanations at the Extraordinary General Meeting concerning the Company’s affairs or the affairs of persons controlled by the Company, which matters are related to the subject matter of the Extraordinary General Meeting, and the shareholder is obliged to exercise this right no later than the decisive date specified in this announcement, i.e. no later than 16.03.2025;
    • shareholder has the right to request copies of the draft Articles of Association or to have them sent to the address provided by the shareholder at the shareholder’s own expense and risk;
    • at the request of a shareholder or shareholders holding shares with a nominal value of at least 5% of the share capital, the Board of Directors shall include the matter specified by them in the agenda of the Extraordinary General Meeting. The Extraordinary General Meeting shall be obliged to discuss the matter in such a case. The request for the addition to the agenda must be supported by reasons or be accompanied by a draft resolution of the extraordinary general meeting, otherwise the extraordinary general meeting may not take such a request into consideration; if the request for the addition of the matter to the agenda of Extraordinary General Meeting is received after the publication of the announcement of the Extraordinary General Meeting, the Board of Directors shall send or publish the addition to the agenda of the Extraordinary General Meeting in the manner prescribed by law and specified in the Articles of Association for convening Extraordinary General Meetings at least 10 days before the Extraordinary General Meeting, i.e. no later than on 09.03.2025; if such publication of the addition to the agenda of the Extraordinary General Meeting is not possible, the specified matter may be included in the agenda of the Extraordinary General Meeting only in the presence and with the consent of all shareholders of the Company; the Board of Directors shall be obliged to send or publish the notification of the addition to the agenda within 10 days before the Extraordinary General Meeting in each case if it is received by the shareholder or shareholders holding shares with a nominal value of at least 5% of the share capital not later than 20 days before the Extraordinary General Meeting, i.e. not later than 27.02.2025;
    • shareholder may participate in the Extraordinary General Meeting represented by an authorized representative on the basis of a written power of attorney with the officially verified signature of the shareholder, a specimen of which is attached as Annex 1 to this announcement; the original of the written power of attorney or an officially verified copy thereof shall be handed over by the authorized representative to the persons in charge of the registration and presentation of the shareholders at the Extraordinary General Meeting no later than the beginning of the Extraordinary General Meeting, which persons shall present the power of attorney to the recorder of the Extraordinary General Meeting; the original of the written power of attorney or a certified copy thereof may be substituted by the verification of the ordinary copy of the written power of attorney by the recorder of the Extraordinary General Meeting – the verification by the recorder of the Extraordinary General Meeting shall be carried out on the basis of the presentation of the original of the document and its ordinary copy, while the verification of the ordinary copy shall be marked thereon and shall be retained for the purposes of the records of the Company; the original of the document shall be returned to the person who presented it;
    • Company accepts shareholder’s notices of appointment, change or revocation of a power of attorney, accompanied by documents proving the indicated legal facts (i) in person at the registered office of the Company, (ii) by means of paper delivery to the registered office of the Company, alternatively (iii) by electronic means in favor of the e-mail address: griad@ztssabinov.sk; the authorized person is obliged to present the original officially certified written power of attorney at the time of registration and presentation of the shareholders at the Extraordinary General Meeting;
    • if a shareholder has granted a written power of attorney to more than one person to exercise the voting rights attached to the same shares at a single extraordinary general meeting, the Company shall enable to vote to that representative who has been entered the earliest in the list of attendees at the extraordinary general meeting;
    • if several shareholders have granted a written power of attorney for representation to one representative, the latter may vote separately for each shareholder duly represented at the Extraordinary General Meeting;
    • shareholder may grant a written power of attorney to a member of the Supervisory Board of the Company exclusively stipulating the specific instructions for voting on each resolution or item on the agenda of the Extraordinary General Meeting on which the member of the Supervisory Board, as representative, is appointed to vote on behalf of the shareholder;
    • shareholder’s voting and participation in the Extraordinary General Meeting cannot be carried out by means of postal services prior to the Extraordinary General Meeting, nor by electronic means, as such voting or participation in the Extraordinary General Meeting is not provided for in the Articles of Association of the Company;
    • Company shall make available to shareholders on the Company’s website www.ztssabinov.sk (electronically) at least 30 days prior to the Extraordinary General Meeting:
    • full text of all documents to be discussed in the agenda of the Extraordinary General Meeting;
    • total number of shares and voting rights attached to the shares as of the date of publication of the announcement of the Extraordinary General Meeting;
    • draft resolutions, if any, of the Extraordinary General Meeting according to the individual items on the agenda of the Extraordinary General Meeting and the opinion of the Board of Directors on each item on the agenda of the Extraordinary General Meeting for which no draft resolution is submitted;
    • specimen of the written power of attorney form that may be used for the voting of representatives;
    • full texts of the documents (in particular the draft Articles of Association) and drafts of any resolutions of the Extraordinary General Meeting to be discussed at the Extraordinary General Meeting are made available to shareholders in hard copy form for inspection at the registered office of the Company within 30 days prior to the Extraordinary General Meeting, on working days between 1:00 p.m. and 3:00 p.m.;
    • Company publishes information pursuant to a special regulation by means of the Internet, on its website at www.ztssabinov.sk ;

    SAMPLE POWER OF ATTORNEY
    for representation at the Extraordinary General Meeting

    POWER OF ATTORNEY

    The undersigned Principal

    Full name/Business name: ………………………………
    Address / Registered office: …………………………….
    Date of birth / Company ID: ……………………………
    Registered in     1: …………………………………………….
    Acting through1: …………………………………………..

    as the owner of ………. dematerialized shares of the issuer ZTS Sabinov, a. s., with its registered office at Hollého 27, 083 30 Sabinov, Company ID: 00 590 797, registered in the Commercial Register of the District Court Prešov, Section: Sa, Insert No.: 76/P, in bearer form, ISIN: ……………………………., with a nominal value of 16 EUR per share.

    (hereinafter referred to as the “Principal“),

    hereby authorizes

    the Authorized Representative
    Full name/Business name: ……………………………….
    Address/Registered office: ……………………………….
    Date of birth/Company ID: ……………………………….
    Registered in1: ……………………………………………..
    Acting through1: ……………………………………………
    (hereinafter referred to as the “Authorized Representative”)

    to represent the Principal at the Extraordinary General Meeting of ZTS Sabinov, a. s., with its registered office at Hollého 27, 083 30 Sabinov, Company ID: 00 590 797, registered in the Commercial Register of the District Court Prešov, Section: Sa, Insert No.: 76/P (hereinafter referred to as the “Company“), which will be held on March 19, 2025, at 08:00 AM at the registered office of the Company (hereinafter referred to as the “Extraordinary General Meeting“), in accordance with the provisions of Section 31 et seq. of the Civil Code, and within the agreed scope of authorization.

    The Authorized Representative is entitled to exercise all rights and fulfill all obligations at the Extraordinary General Meeting, which are granted to the Principal as a shareholder of the Company under the legal framework of the Slovak Republic and the Articles of Association of the Company. In particular, but not exclusively, the Authorized Representative is entitled to vote, submit proposals, and request information on behalf and in the name of the Principal.

    I hereby grant this power of attorney in relation to the shares owned by the Principal as a shareholder of the Company, which are registered on the following securities accounts2:

    1. Securities account number:…………, number of shares owned by the Principal and registered on the specified securities account: ………………;
    2. Securities account number: ………, number of shares owned by the Principal and registered on the specified securities account: ……………;
    3. Securities account number: …………………, number of shares owned by the Principal and registered on the specified securities account: ………………;

    If this power of attorney is granted to an Authorized Representative who is a member of the Supervisory Board of the Company, the Authorized Representative is entitled to exercise all rights at the Extraordinary General Meeting, which the legal system of the Slovak Republic and the Articles of Association of the Company grant to the Principal as a shareholder of the Company, under the following conditions3:

    • For agenda item(s) no. ……………….., the Authorized Representative is obliged to vote in favor;
    • For agenda item(s) no. ……………….., the Authorized Representative is obliged to vote against;
    • For agenda item(s) no. ……………….., the Authorized Representative is obliged to abstain from voting.

    This power of attorney is granted for the duration of the Extraordinary General Meeting.

    By signing this document, the Authorized Representative unconditionally confirms that they have been acquainted with the Articles of Association of the Company by the Principal and are aware of their obligations arising from this power of attorney.

    The Authorized Representative is not entitled to delegate this authorization to another person (prohibition of substitution).

    This power of attorney shall be governed by the legal system of the Slovak Republic.

    On behalf of the Principal:
    In __________________, on __________.2025

    full name / business name:  

     
    position1:  

     
    signature:  

     

     

     

    (officially certified signature)

     

     

     

    On behalf of the Authorized Representative:
    In __________________, on __________.2025

    full name / business name:  

     
    position1:  

     
    signature:  

     

     

     

    (officially certified signature)

     

     

     

    ZTS Sabinov, a. s. accepts notifications regarding the granting of power of attorney, changes to an already granted power of attorney, and revocation of power of attorney also via email at griad@ztssabinov.sk in PDF document format.

    The MIL Network –

  • MIL-OSI Security: Charlotte Man Sentenced To Prison For Possession Of Child Sexual Abuse Material

    Source: Office of United States Attorneys

    CHARLOTTE, N.C. – Robert Upchurch, 52, of Charlotte, was sentenced today to 54 months in prison and a lifetime of supervised release for possession of child sexual abuse material (CSAM), announced Dena J. King, U.S. Attorney for the Western District of North Carolina. Upchurch was also ordered to pay a $17,000 special assessment for the Amy, Vicky, and Andy Child Pornography Victim Assistance Act of 2018.

    Robert M. DeWitt, Special Agent in Charge of the Federal Bureau of Investigation (FBI), Charlotte Division, and Chief Johnny Jennings of the Charlotte Mecklenburg Police Department (CMPD), join U.S. Attorney King in making today’s announcement.

    According to court documents and today’s sentencing hearing, in July 2022, the National Center for Missing and Exploited Children (NCMEC) referred a tip to law enforcement that a Dropbox account user had uploaded numerous images containing suspected CSAM. Law enforcement identified Upchurch as the Dropbox account user. On December 8, 2022, law enforcement executed a search warrant at Upchurch’s residence, seizing the defendant’s cell phone, computers, and other electronic devices. A forensic analysis of the seized items revealed that they contained more than 5,800 images and 2,500 videos depicting the sexual abuse of children, including infants and toddlers, and files depicting sadistic or masochistic behavior or violence involving young children. During an interview with law enforcement, Upchurch first denied possessing CSAM, but later admitted to viewing child pornography.

    On September 4, 2024, Upchurch pleaded guilty to possession and accessing with intent to view child pornography containing a minor who had not attained the age of 12 years.

    The FBI and CMPD investigated the case.

    Assistant U.S. Attorney Nick J. Miller of the U.S. Attorney’s Office in Charlotte prosecuted the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse, launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    MIL Security OSI –

  • MIL-OSI Security: Montgomery County Man Sentenced to 20 Years in Prison for Enticing Minors to Engage in Sexually Explicit Conduct, Manufacturing and Possessing Child Pornography

    Source: Office of United States Attorneys

    PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Kevin Kelly Murray, 30, of Oreland, Pennsylvania, was sentenced today by United States District Court Judge R. Barclay Surrick to 20 years in prison, to be followed by 15 years of supervised release, for child exploitation and child pornography offenses.

    In June 2022, Murray was charged by indictment with one count of use of an interstate commerce facility to entice a minor to engage in sexually explicit conduct, one count of manufacture and attempted manufacture of child pornography, and one count of possession of child pornography. He pleaded guilty to all three charges in October of last year.

    As presented in court filings, on September 1, 2020, a user of the online chat service Omegle uploaded and shared videos depicting the sexual abuse and exploitation of prepubescent children. A content moderator for Omegle reported the activity to the National Center for Missing and Exploited Children (“NCMEC”), with NCMEC subsequently providing this report in the form of a cybertip to the Pennsylvania Internet Crimes Against Children Task Force. Records revealed that the unlawful content had been distributed online using an internet account registered to the defendant’s residence.

    On October 22, 2020, law enforcement executed a search warrant on Murray’s residence and found the defendant inside. After being advised of the reason for the search warrant, Murray admitted to possessing child pornography on his computer. Murray then consented to an interview at the local police station, where he confessed to police that he had accessed Omegle to both download and share child pornography. He further admitted to soliciting “preteen” girls over Omegle to undress themselves and perform sexual acts on themselves, at which point he would record their images/videos on his computer for his sexual gratification.

    A forensic review of his electronic devices showed that from 2019 through 2020, the defendant used his cell phone and his computer to obtain at least 361 images and 93 videos of child pornography. Among the videos were several taken during Murray’s Omegle video chats with at least three different young girls, including Minor #1, who appeared to be approximately eight to ten years old. Chat records documented the defendant directing the child to engage in sexually explicit behavior. In response, Minor #1 engaged in the sexually explicit conduct and the defendant created three videos depicting the conduct.

    “Murray preyed on children, grooming them for his own deviant purposes,” said U.S. Attorney Romero. “He exposed these young girls to child pornography to normalize sexual behavior in their minds, convinced them to engage in explicit acts on camera, then saved the material for his repeated consumption. My office and our partners are working every day to prosecute predators like this, get justice for their victims, and keep all children safe from similar harm.”

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit projectsafechildhood.gov.

    The case was investigated by Homeland Security Investigations and the Abington Township Police Department and is being prosecuted by Assistant United States Attorney Priya T. De Souza.

    MIL Security OSI –

  • MIL-OSI USA: Cornyn, Blumenthal, Colleagues Introduce Bill to Combat Child Exploitation

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senators John Cornyn (R-TX), Richard Blumenthal (D-CT), Josh Hawley (R-MO), and Marsha Blackburn (R-TN) and Representatives Jeff Van Drew (NJ-02), Debbie Wasserman Schultz (FL-25), Nathaniel Moran (TX-01), and Jared Moskowitz (FL-23) today introduced the PROTECT Our Children Act, which would reauthorize and modernize the Internet Crimes Against Children Task Force Program:
    “The Internet Crimes Against Children Task Force Program has a long history of equipping our law enforcement officers with the tools needed to safeguard children and hold perpetrators accountable,” said Sen. Cornyn. “This legislation would reauthorize and update this critical program to address the evolving digital threat landscape and protect our children from these heinous crimes.”
    “The Internet Crimes Against Children Task Force leads the fight to keep kids safe from predators online,” said Sen. Blumenthal. “This bipartisan legislation gives the Task Force and its law enforcement partners the tools and resources they need in their collaborative effort to fight child exploitation and protect our nation’s kids from abhorrent abuse in an increasingly online society.”
    “The number of threats children face online in today’s digital age is unlimited, and we need to make certain that law enforcement has the resources to go after these criminals and prevent future crimes against innocent children,” said Sen. Blackburn. “The Internet Crimes Against Children Task Force Program has helped law enforcement protect children from harm for decades, and this bill would reauthorize this important program.”
    “Predators are using new technology every day to exploit children online, and law enforcement needs to be able to keep up,” said Rep. Van Drew. “The PROTECT Our Children Act gives them the tools to track down these criminals, rescue victims, and hold offenders accountable.”
    “Our lives are increasingly intertwined with the internet, and those who would commit crimes against our children know that all too well. With the PROTECT Our Children Act, the ICAC Task Force Program will get predators off line and help make the internet a safe space for all children,” said Rep. Wasserman Schultz. “I’m proud to introduce this bipartisan legislation to build on the original PROTECT Our Children Act that I authored over a decade ago. We all have a role to play in keeping our children safe.”
    “Our nation’s children must be protected at all costs from technology-facilitated child exploitation and Internet crimes against them,” said Rep. Moran. “The PROTECT Our Children Act reauthorizes the Internet Crimes Against Children (ICAC) Task Force and ensures that federal, state, and local law enforcement work together to combat the exploitation of children from online predators.”
    “In Florida and every other state in the country, Internet Crimes Against Children (ICAC) Task Forces have protected our kids from vile predators in the darkest parts of the digital world,” said Rep. Moskowitz. “These law enforcement programs have a proven track record of getting tens of thousands of bad actors off the streets, and reauthorizing this program is the right thing to do to keep kids safe. I’m proud to be joining this broad, bipartisan group of colleagues to support these programs so law enforcement agencies across Florida can continue their work combatting child exploitation and other heinous crimes.”
    Background:
    The Internet Crimes Against Children (ICAC) Task Force Program helps state and local law enforcement agencies develop an effective response to technology-facilitated child sexual exploitation and Internet crimes against children. This encompasses forensic and investigative components, training and technical assistance, victim services, and community education. This national network of 61 coordinated task forces represents more than 5,400 federal, state, and local law enforcement and prosecutorial agencies engaged in both proactive and reactive investigations, forensic investigations, and criminal prosecutions.
    From 1998 to 2022, ICAC Task Forces trained more than 826,700 law enforcement officers, prosecutors, and other professionals on techniques to investigate and prosecute ICAC-related cases. They also reviewed more than 1.4 million reports of online child exploitation, which resulted in the arrest of more than 123,790 suspects.
    The PROTECT Our Children Act would:
    Update and modernize the requirements for the National Strategy for Child Exploitation Prevention and Interdiction, including requiring the U.S. Department of Justice to provide detailed, useful information on efforts to protect children nationwide;
    Provide liability protection for ICAC Task Forces in the course of conducting criminal investigations of child sexual abuse material (CSAM) and child abuse material;
    Make needed technical improvements and clarifications to the statutory text of the program to match it to current technology and needs;
    Focus the ICAC program on both proactive and reactive investigations;
    And reauthorize the ICAC Program through 2027 with an escalator authorization.
    The PROTECT Our Children Act is endorsed by the National Center on Sexual Exploitation (NCOSE), the Rape, Abuse, and Incest National Network (RAINN), National Children’s Alliance, National Center for Missing & Exploited Children (NCMEC), Rights 4 Girls, National District Attorneys Association (NDAA), Raven, Fraternal Order of Police, Association of State Criminal Investigative Agencies (ASCIA), and the National Criminal Justice Training Center (NCJTC). 
    Sen. Cornyn has long championed the ICAC Task Force Program and has led its reauthorization efforts in the U.S. Senate since 2017.

    MIL OSI USA News –

  • MIL-OSI Security: Repeat Child Sex Offender Sentenced to 270 Months in Federal Prison for Child Exploitation Offenses

    Source: Federal Bureau of Investigation (FBI) State Crime News

    United States Attorney Ronald C. Gathe, Jr. announced that U.S. District Judge Judge Brian A. Jackson sentenced James Tyra Bowman, age 30, of Appleton, Wisconsin, to 270 months in federal prison following his convictions for attempted coercion and enticement of a minor and attempted transfer of obscene material to a minor. The Court further sentenced Bowman to serve five years of supervised release following his term of imprisonment and ordered him to complete sex offender treatment and register as a sex offender upon his release.

    Bowman, while in Wisconsin, used social media applications and the name “Genius_Outlaw” to attempt to convince someone he believed was an 11-year-old girl in Baton Rouge, Louisiana to have an illegal sexual relationship with him.  Bowman offered her gifts to entice her to engage in the sexual acts.  The 11-year-old girl was actually an undercover law enforcement officer.  Bowman also sent the undercover officer a picture of himself and his genitals and demanded that she send him sexually explicit videos and images of herself. Bowman also planned an arrangement to train the supposed 11-year-old girl (undercover officer) in illegal sex acts in Wisconsin.  Bowman was arrested by law enforcement in January of 2024.  Bowman was previously convicted and sentenced for child sexual exploitation crimes in Wisconsin in 2017.

    This matter was investigated by the Federal Bureau of Investigation and was prosecuted by Assistant United States Attorney Edward H. Warner, who also serves as Deputy Criminal Chief.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse, launched in May 2006 by the Department of Justice.  Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims.  For more information about Project Safe Childhood, please visit http://www.justice.gov/psc.

    MIL Security OSI –

  • MIL-OSI USA: Expanding Affordable Broadband Access

    Source: US State of New York

    Governor Kathy Hochul today announced a $26 million ConnectALL grant to Oswego County to construct a fiber-to-the-home network that will expand broadband access to about 10,792 homes, businesses and community institutions across 22 towns and villages. The project will construct 345 miles of fiber infrastructure, significantly expanding high-speed internet access throughout rural areas of the county. This grant is part of New York State’s Municipal Infrastructure Program, which has now awarded over $240 million in funding for broadband expansion projects. Collectively, these investments support the construction of nearly 2,400 miles of broadband infrastructure, reaching about 98,000 locations across New York State.

    “This $26 million investment in Oswego County’s broadband infrastructure represents our commitment to building a more connected New York, where every family and business can access affordable, high-speed internet,” Governor Hochul said. “By partnering with local governments to expand broadband coverage, we’re creating opportunities for economic growth, improving access to health care and education, and ensuring our rural communities are fully equipped to participate in our digital future.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Expanding reliable broadband connectivity is crucial for New York State’s economic growth. Through ConnectALL’s transformative work in Oswego County, we will help bridge the digital divide and connect thousands of Central New York residents and businesses to the modern digital economy. Through the ConnectALL initiative, we are building the infrastructure needed to provide all New Yorkers with reliable, affordable internet access.”

    Oswego County will own the broadband network and make it available for lease to internet service providers, including Empire Access, on a non-discriminatory and non-exclusive basis. The revenue generated from these leases will support the network’s ongoing maintenance and future expansion. This innovative public infrastructure model ensures sustainable, affordable access while promoting competition among service providers.

    The project specifically targets rural areas with high poverty rates and geographic isolation, addressing critical needs for affordable and reliable broadband service. The expanded connectivity will enhance residents’ access to essential services including:

    • Telehealth resources
    • Remote education opportunities
    • Digital employment platforms
    • Online business services

    Funding for ConnectALL’s Municipal Infrastructure Program has been awarded through the U.S. Department of the Treasury under the American Rescue Plan’s Capital Projects Fund. Broadband infrastructure in the Municipal Infrastructure Program will be owned by a public entity or publicly controlled. Internet Service Providers will use the new broadband infrastructure to provide New Yorkers with affordable, high quality service options.

    Oswego County Legislature Chairman James Weatherup said, “For more than a decade, we have been working to identify a funding source that would enable us to reach the areas in our county that, for various reasons, had been ignored by the major corporate Internet Service Providers. The Municipal Infrastructure Program offered by New York’s ConnectAll broadband office fit our needs nicely, allowing us to reach nearly 100 percent of the addresses that had been identified as unserved, as well as many that lacked service sufficient to carry out the needs of an average household. The project, when complete, will support the existing business community, enhance future economic development opportunities, provide a more robust learning environment for children and elevate the quality of life throughout the County. We are very grateful for this affordable opportunity to enhance our communities with these critical infrastructure assets.”

    Governor Hochul’s ConnectALL Initiative

    Governor Hochul has made expanding broadband access a cornerstone of her administration’s efforts to create a more equitable New York. Through the ConnectALL initiative, New York State is investing $1 billion to transform the State’s digital infrastructure, enhance competition among providers and ensure that every New Yorker has access to reliable, affordable high-speed internet.

    To date, ConnectALL has overseen the successful launch and implementation of several programs to advance broadband access, including:

    • The Digital Equity Program, which will invest $50 million, including a federal allocation of at least $37 million, to implement the New York State Digital Equity Plan to close the digital divide. ConnectALL is accepting responses to the Digital Equity Program Capacity Grant Request for Applications through March 24, 2025. ConnectALL will award about $15.5 Million through this Request for Applications to entities and partnerships working to bridge the digital divide.
      The Affordable Housing Connectivity Program, which will bring new broadband infrastructure to homes in affordable and public housing, leveraging a $100 million federal investment from the U.S. Treasury Department’s Capital Projects Fund. The program is currently accepting applications from internet service providers and expressions of interest from housing owners and public housing authorities.
      The ConnectALL Deployment Program, which will fund internet service providers to reach unserved and underserved locations, drawing on an allocation of $664.6 million in federal funding from the Broadband Equity, Access, and Deployment Program, as described in the ConnectALL Broadband Deployment Initial Proposal.

    MIL OSI USA News –

  • MIL-OSI Security: Head of Commercial Real Estate Investment Firm Pleads Guilty in $62.8M Fraud Scheme Targeting Atlanta Financial Center Investors

    Source: Office of United States Attorneys

    ATLANTA – Elchonon “Elie” Schwartz pleaded guilty today to wire fraud for executing a massive investment fraud scheme that caused more than 800 investors to send approximately $62.8 million to Schwartz, which he then diverted for his own use. Approximately $54 million dollars in investments were intended for the Atlanta Financial Center, a planned commercial real estate complex on Peachtree Road. 

    “Seeking to do nothing more than pad his own bank accounts and buy expensive luxury items, Elie Schwartz betrayed hundreds of investors who sought the opportunity to invest in these commercial real estate projects,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “This office is committed to protecting investors from individuals, like Schwartz, who defraud donors out of their hard-earned money and seek to prioritize their own greed at the expense of legitimate investors.”

    “Although investment fraud schemes are not violent crimes, they are just as destructive as they can destroy the livelihoods of entire families. Schwartz admitted to this complex scheme out of pure greed and will now face the steep consequences,” said Sean Burke, Acting Special Agent in Charge of FBI Atlanta. 

    According to Acting U.S. Attorney Moultrie, the charges, and other information presented in court: Elie Schwartz ran a successful commercial real estate investment firm. Beginning in May 2022, he solicited investments through CrowdStreet Marketplace in connection with a large commercial real estate complex in Atlanta, Georgia (“Atlanta Financial Center”), and ultimately raised approximately $54 million from approximately 654 investors for this venture. Later, beginning in November 2022, Schwartz again solicited investments through CrowdStreet concerning a mixed-use building in Miami Beach, Florida (“Lincoln Place”), and ultimately raised approximately $8.8 million from approximately 167 investors for this development. In total, Schwartz raised approximately $62.8 million from investors through CrowdStreet for the investments in the Atlanta Financial Center and Lincoln Place. The CrowdStreet investor funds were deposited into a segregated bank account for each investment.

    As part of the investment solicitation process, Schwartz executed agreements with CrowdStreet that stated, among other terms, that the funds raised from CrowdStreet investors would be held in segregated bank accounts controlled by Schwartz. In the documentation that was provided to CrowdStreet investors, Schwartz represented that he would only “use any proceeds from this Offering, net of any organizational and offering expenses, to fund” the investment in each property and that Schwartz had a fiduciary duty to safeguard the funds and prohibit commingling or use of the money that did not benefit each investment.

    But contrary to the representations he made to CrowdStreet investors, and before either the Atlanta Financial Center or Lincoln Place transaction closed, Schwartz misappropriated and converted CrowdStreet investor funds for his own use. Beginning in June 2022, and continuing through June 2023, Schwartz transferred nearly all of the $62.8 million raised through CrowdStreet for the Atlanta Financial Center and Lincoln Place investments out of the segregated bank accounts. He then diverted these funds to his personal bank account, personal brokerage account, and accounts for other unrelated commercial real estate investments affiliated with, and controlled by, him.

    Schwartz used the funds raised from the CrowdStreet investors to, among other things, pay for payroll expenses for his commercial real estate businesses, purchase luxury watches, and invest in stocks and options in his brokerage account. Ultimately, in mid-July 2023, the corporate entities that Schwartz formed to receive funds from CrowdStreet investors for their investments in the Atlanta Financial Center and Lincoln Place both filed for Chapter 11 bankruptcy.

    Schwartz, 46, of New York, New York, pleaded guilty to one count of wire fraud and faces a maximum penalty of 20 years in prison. In determining the actual sentence, the Court will consider the United States Sentencing Guidelines, which are not binding but provide appropriate sentencing ranges for most offenders.

    Sentencing is scheduled for May 19, 2025, at 2:00 p.m. before U.S. District Judge Steven D. Grimberg.       

    This case is being investigated by the Federal Bureau of Investigation. The Securities and Exchange Commission’s Division of Enforcement provided valuable assistance in the investigation.

    Assistant U.S. Attorney Kelly K. Connors and Trial Attorney Matthew F. Sullivan of the Criminal Division’s Fraud Section are prosecuting the case. Former Assistant U.S. Attorneys David O’Neal and Christopher Huber provided substantial assistance in the investigation and prosecution.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI Security: Former Riverside School Counselor Sentenced to 30 Years in Prison for Child Sexual Exploitation Crimes, Including Hiding Cameras in Bathrooms

    Source: Office of United States Attorneys

    LOS ANGELES – A former counselor at a private school in Riverside County was sentenced today to 360 months in federal prison for possessing child sexual abuse material (CSAM) and placing a hidden camera inside bathrooms to film boys using the toilet and showers.

    Matthew Daniel Johnson, 34, of Bryan, Texas, was sentenced by United States District Judge Sherilyn Peace Garnett, who scheduled a restitution hearing for May 28. Upon his eventual release from prison, Johnson will be placed on lifetime supervised release. Johnson has been in federal custody since October 2024.

    Law enforcement searched Johnson’s home in March 2020 and seized several videos featuring minor boys engaged in sexual activity. The videos depicted victims under the age of 12 and some as young as 3 to 5 years old.

    During the search of his residence, Johnson admitted to law enforcement that he had hidden a pen-shaped recording device in a toilet paper holder inside of a school bathroom, across the hall from his office as a school counselor at La Sierra Academy in Riverside.

    Another video file depicted Johnson adjusting a recording device inside a different bathroom at a Junior High School Bible Camp where he was working as a chaperone of children attending the camp. The video file subsequently captured minor boys using the toilet and the shower.

    Johnson further admitted to using and employing a minor victim in January 2020 for the purpose of creating a visual depiction of the victim engaging in sexual conduct.

    The Fontana Internet Crimes Against Children Task Force, Riverside Police Department, and the FBI investigated this matter.

    Assistant United States Attorney Sonah Lee of the Riverside Branch Office prosecuted this case.

    MIL Security OSI –

  • MIL-OSI Economics: Minecraft Education’s CyberSafe series explores risks and opportunities of AI

    Source: Microsoft

    Headline: Minecraft Education’s CyberSafe series explores risks and opportunities of AI

    Getting a Jump Start on AI Literacy and Skills

    CyberSafe AI: Dig Deeper builds on the success of the CyberSafe DLC series, available free on the Minecraft Marketplace and in Minecraft Education, which has helped a generation of players learn key digital citizenship skills like password protection, data privacy, and ways to deal with online bullying. Last year’s launch of Good Game inspired millions of young Minecrafters to create in-game codes of conduct. Through a partnership between Xbox and Minecraft, the CyberSafe series has reached more than 80 million downloads since 2022.

    With Dig Deeper, players will learn the critical questions to ask when working with AI or encountering AI-generated content and build an understanding of how to navigate these systems thoughtfully and safely. Ultimately, the experience aims to illustrate that for all their capabilities, AI systems require human intelligence, intervention, and oversight to work safely and constructively. Use the included Minecraft Family Cyber Toolkit for further guidance on navigating the CyberSafe DLC series.

    If you’re looking for more resources and tips for family gaming, visit xbox.com/family. You can learn more about what Xbox offers for families, including information about privacy and access to privacy tools, the Xbox Family Settings app and Community Standards.

    You can read more about Microsoft’s Global Online Survey Results and the efforts being taken to tackle abusive AI-generated content risks at Microsoft’s Safer Internet Day 2025 blog.   

    MIL OSI Economics –

  • MIL-OSI Security: Thirty-Eight Defendants Sentenced in Massive Prison-Based Drug Trafficking Ring

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    ATLANTA, Ga. – Thirty-eight members of a drug trafficking organization, including several State of Georgia prison inmates, have been sentenced for their roles in coordinating and distributing deadly heroin, methamphetamine, and fentanyl throughout the metro-Atlanta area, as well as laundering drug proceeds to Mexico.

    “The successful dismantling of this large organization is a result of a tenacious multi-year effort from federal, state, and local authorities to root out narcotics trafficking originating from state prisons,” said Acting U.S. Attorney Richard S. Moultrie, Jr.  “Our office will continue to work closely with our law enforcement partners to leverage all resources to identify, apprehend, and prosecute entire networks of offenders responsible for distributing deadly drugs into our communities.” 

    “These sentences mirror the destructive impact on the community caused by this violent drug trafficking organization,” said Jae W. Chung, Acting Special Agent in Charge of the DEA Atlanta Division. “Wherever you operate, if you distribute dangerous drugs, DEA will find you and hold you accountable.”

    “Thanks to the hard work and collaboration of our local, state, and federal law enforcement partners, thirty-eight members of this extensive drug distribution network will spend significant time behind bars where they will no longer be able to plague our community with poison,” said Sean Burke, Special Agent in Charge of FBI Atlanta. 

    According to Acting U.S. Attorney Moultrie, the charges and other information presented in court: During the investigation, federal special agents learned that a network of prison inmates was using contraband cell phones to broker drug transactions throughout the metro-Atlanta area, including importing drug shipments from Mexico and other states. These prison brokers relied on conspirators on the outside to store, package and distribute multiple types of illegal drugs. Other members of the organization were responsible for laundering the proceeds from the drug sales to Mexico using local money remitters.  The organization also repeatedly threatened violence to uncooperative members.  In one case, agents learned of a plot to abduct and murder a narcotics dealer.  In response, law enforcement quickly mobilized to disrupt the plan.

    After the first phase of the investigation concluded, a Grand Jury sitting in the Northern District of Georgia returned an indictment against 19 of the conspirators for drug trafficking and money laundering offenses.  During the second phase of the investigation, agents identified additional conspirators including two of the high-level prison brokers, Jesus Sanchez-Morales and Juan Ramirez, who were later indicted by the Grand Jury for drug trafficking offenses.  After Ramirez was brought into federal custody, he used another contraband cell phone to broker drug deals, including the attempted distribution of fentanyl.  The Grand Jury later charged him with this new conduct.  

    Through this multi-year investigation, agents seized over 250 kilograms of methamphetamine, 25 gallons of liquid methamphetamine, more than 12,000 fentanyl pills, kilogram-quantities of fentanyl powder, heroin, and marijuana, and over $450,000 in drug proceeds. 

    The defendants were convicted and sentenced by U.S. District Judge Leigh Martin May:

    • Juan Ramirez was sentenced earlier today to 27 years in prison to be followed by five years of supervised release .  Ramirez was convicted of ten drug trafficking counts including Conspiracy and Possession with the Intent to Distribute  Methamphetamine, Heroin, and Fentanyl, after a jury found him guilty of these charges on July 25, 2024.
    • Jesus Sanchez-Morales was sentenced to 27 years in prison to be followed by five years of supervised release. Sanchez-Morales was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on June 22, 2020, after he pleaded guilty.
    • Martin Maldonado was sentenced to 19 years, seven months in prison to be followed by five years of supervised release. Maldonado was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on April 26, 2021, after he pleaded guilty.
    • Benjamin Villareal Perez was sentenced to 19 years, seven months in prison to be followed by five years of supervised release. Perez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on September 17, 2019, after he pleaded guilty.
    • Jaime Chavez was sentenced to 17 years in prison to be followed by five years of supervised release. Chavez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl and Possession of a Firearm in Furtherance of a Drug Trafficking Crime on April 30, 2021, after he pleaded guilty.
    • Aszavious Anderson was sentenced to 15 years in prison to be followed by five years of supervised release. Anderson was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl and Possession of a Firearm in Furtherance of a Drug Trafficking Crime on May 28, 2020, after he pleaded guilty.
    • Kristofer Ty Armistead was sentenced to 15 years in prison to be followed by five years of supervised release. Armistead was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on June 7, 2021, after he pleaded guilty.
    • Mario Castillo was sentenced to 15 years in prison to be followed by five years of supervised release. Castillo was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine and Possession of a Firearm in Furtherance of a Drug Trafficking Crime on September 25, 2019, after he pleaded guilty.
    • Aricus Cantrell Holloway was sentenced to 15 years in prison to be followed by five years of supervised release. Holloway was convicted of Conspiracy and Possession with Intent to Distribute Methamphetamine on April 24, 2023, after he pleaded guilty.
    • Cristian Hernandez-Lovo was sentenced to 15 years in prison to be followed by five years of supervised release. Hernandez-Lovo was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl and Possession of a Firearm in Furtherance of a Drug Trafficking Crime on September 24, 2019, after he pleaded guilty.
    • Jesus Antonio Molina-Ortiz was sentenced to 15 years in prison to be followed by five years of supervised release. Molina-Ortiz was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl and Possession of a Firearm in Furtherance of a Drug Trafficking Crime on August 10, 2020, after he pleaded guilty.
    • Jamar Tyrone Zanders was sentenced to 15 years in prison to be followed by five years of supervised release. Zanders was convicted of Conspiracy and Possession with Intent to Distribute Methamphetamine on September 24, 2020, after he pleaded guilty.
    • Brandon Richard Duncan was sentenced to 14 years in prison to be followed by five years of supervised release. Duncan was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on July 9, 2021, after he pleaded guilty.
    • Joseph Dominic Edwards was sentenced to 14 years in prison to be followed by five years of supervised release. Edwards was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on August 4, 2023, after he pleaded guilty.
    • Rafael Alvarez was sentenced to 13 years in prison to be followed by five years of supervised release. Alvarez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on August 13, 2019, after he pleaded guilty.
    • Jason Garcia-Lara was sentenced to 13 years in prison to be followed by five years of supervised release. Garcia-Lara was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on June 23, 2020, after he pleaded guilty.
    • Jordan Duane Bowers was sentenced to 12 years, six months in prison to be followed by five years of supervised release. Bowers was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Fentanyl, and Heroin on May 10, 2022, after he pleaded guilty.
    • Emmanuel De Santos Nieto was sentenced to 12 years in prison to be followed by five years of supervised release. De Santos Nieto was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on September 9, 2019, after he pleaded guilty.
    • Salvador Valencia-Zavala was sentenced to 11 years, three months in prison to be followed by five years of supervised release. Valencia-Zavala was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on January 27, 2020, after he pleaded guilty.
    • Marvin Gaye Banks was sentenced to 11 years in prison to be followed by five years of supervised release. Banks was convicted of Possession with Intent to Distribute Methamphetamine on July 15, 2020, after he pleaded guilty.
    • Samantha Fagundes was sentenced to 11 years in prison to be followed by five years of supervised release. Fagundes was convicted of Conspiracy and Possession with the Intent to Distribute Methamphetamine, Heroin, and Fentanyl, on January 15, 2020, after she pleaded guilty.
    • Alejandro Vasquez-Lopez was sentenced to 10 years, nine months in prison to be followed by five years of supervised release. Vasquez-Lopez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on May 24, 2021, after he pleaded guilty.
    • Shelly Denise Class was sentenced to 10 years in prison to be followed by five years of supervised release. Class was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on October 10, 2019, after she pleaded guilty.
    • Edgar Ochoa Martinez was sentenced to 10 years in prison to be followed by five years of supervised release. Martinez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on July 22, 2019, after he pleaded guilty.
    • Allison Nichole Daniel was sentenced to 10 years in prison to be followed by five years of supervised release. Daniel was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on May 27, 2020, after she pleaded guilty.
    • Enrique Rodriguez-Govea was sentenced to 10 years in prison to be followed by five years of supervised release. Rodriguez-Govea was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on May 30, 2019, after he pleaded guilty.
    • Taurus Basil Stephens was sentenced to 10 years in prison to be followed by five years of supervised release. Stephens was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on December 16, 2020, after he pleaded guilty.
    • Raheem Jamal Morris was sentenced to nine years in prison to be followed by three years of supervised release. Morris was convicted of Conspiracy and Possession with Intent to Distribute Methamphetamine on June 26, 2023, after he pleaded guilty.
    • Lilia Martinez Rodriguez was sentenced to eight years in prison to be followed by three years of supervised release. Martinez Rodriguez was convicted of Conspiracy to Commit Money Laundering on September 21, 2020, after she pleaded guilty.
    • Roberto Rojas was sentenced to eight years in prison to be followed by five years of supervised release. Rojas was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on January 13, 2023, after he pleaded guilty.
    • Nicholas Charles Johnson was sentenced to seven years, eight months in prison to be followed by five years of supervised release. Johnson was convicted of Conspiracy and Possession with Intent to Distribute Methamphetamine on July 10, 2023, after he pleaded guilty.
    • Leonardo Rosas was sentenced to six years in prison to be followed by five years of supervised release. Rosas was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on October 3, 2019, after he pleaded guilty.
    • Daniel Gonzalez was sentenced to five years, four months in prison to be followed by five years of supervised release. Gonzalez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on July 11, 2019, after he pleaded guilty.
    • Juan Torres Chavez was sentenced to a time-served sentence of approximately four years, nine months in prison to be followed by three years of supervised release. Chavez was convicted of Possession with Intent to Distribute Methamphetamine on December 14, 2023, after he pleaded guilty.
    • David Chavez-Ortiz was sentenced to four years in prison to be followed by five years of supervised release. Chavez-Ortiz was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine, Heroin, and Fentanyl on October 21, 2019, after he pleaded guilty.
    • Antwonette Jarnez Thomas was sentenced to four years in prison to be followed by five years of supervised release. Thomas was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on January 7, 2021, after she pleaded guilty.
    • Erin Cortez was sentenced to three years in prison to be followed by three years of supervised release. Cortez was convicted of Conspiracy to Possess with Intent to Distribute Methamphetamine on January 22, 2020, after she pleaded guilty.
    • Joaquin Flores, Jr. was sentenced to three years in prison to be followed by three years of supervised release. Flores was convicted of Conspiracy and Possession with Intent to Distribute Methamphetamine on January 19, 2024, after he pleaded guilty. 

    Eusebio Paniagua-Paz remains a fugitive.  If you have any information about his whereabouts, please contact your local law enforcement agency. 

    This case was investigated by the Drug Enforcement Administration and the Federal Bureau of Investigation, with valuable assistance provided by the Bureau of Alcohol, Tobacco, Firearms, and Explosives, U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, Federal Bureau of Investigation, United States Marshals Service, Atlanta Police Department, Cobb County Sheriff’s Office, Coweta County Sheriff’s Office, DeKalb County Police Department, Forsyth County Sheriff’s Office, Georgia Department of Corrections, Georgia State Patrol, and the South Fulton Police Department.

    Assistant United States Attorneys Alison B. Prout, Amy M. Palumbo, Elizabeth M. Hathaway, Sarah Klapman, and Nicholas Evert, together with former Assistant United States Attorneys Tyler Mann, Scott McAfee, and Erin H. Harris, prosecuted the case.

    This effort is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI: LECTRA: 2024: improved financial results in what remains a degraded environment

    Source: GlobeNewswire (MIL-OSI)

    2024: improved financial results in what remains a degraded environment

    • Revenues: 526.7 million euros (+10%)*
    • EBITDA before non-recurring items: 91.1 million euros (+15%)*
    • Net income: 29.6 million euros (-9%)*
    • Free cash flow before non-recurring items: 72.1 million euros (+59%)*
    • Dividend**: €0.40 per share (+11%)

    * Change at actual exchange rates (%)
    ** Proposed to the Annual Shareholders’ Meeting on April 25, 2025

         
    In millions of euros October 1 – December 31 January 1 – December 31
      2024(1) 2023 2024(1) 2023
    Revenues 132.5 119.3 526.7 477.6
    Change at actual exchange rates (%) 11%   10%  
    EBITDA before non-recurring items(2) 22.6 19.8 91.1 79.0
    Change at actual exchange rates (%) 14%   15%  
    EBITDA margin before non-recurring items
    (in % of revenues)    		 17.1% 16.6% 17.3% 16.5%
    Income from operations before non-recurring items(2) 11.9 12.3 49.3 49.1
    Change at actual exchange rates (%) -3%   0%  
    Net income 8.4 7.7 29.6 32.6
    Free cash flow before non-recurring items(2) 22.2 13.2 72.1 45.3
             

    (1)   2024 figures include Launchmetrics since January 23,2024
    (2)   The definition for performance indicators appears in the Management Discussion of December 31, 2024

    Paris, February 12, 2025. Today, Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the fiscal year 2024. Audit procedures have been performed by the Statutory Auditors. The certification report will be issued at the end of the Board of Director’s meeting of February 27, 2025.

    To facilitate analysis of the Group’s results, the accounts of Lectra excluding Launchmetrics (the “Lectra 2023 scope”) are analyzed separately from the Launchmetrics accounts. The detailed 2024 vs 2023 comparisons for the Lectra 2024 scope and for Launchmetrics are based on actual exchange rates, whereas the comparisons for the Lectra 2023 scope are stated on a like-for-like basis.

    1.    SUMMARY OF THE YEAR 2024

    The year 2024 was marked by a severely degraded macroeconomic and geopolitical environment, prompting the Group’s customers to exercise prudence in their investment decisions, though situations varied across geographies and market sectors.

    Under these conditions, for the Lectra 2023 scope, orders for new systems were stable, and new SaaS subscriptions grew by 8%, confirming their success and increasing adoption by the Group’s customers.

    2024 earnings in line with recent estimates

    On October 30, the Group reported that revenues and EBITDA before non-recurring items were expected to be near the lower end of the ranges indicated on February 14, i.e., revenues of 480 million euros and EBITDA before non-recurring items of 85 million euros for the Lectra 2023 scope; and 42 million euros in revenues and EBITDA margin before non-recurring items of over 15% for Launchmetrics, i.e., revenues of 522 million and 91.3 million euros of EBITDA margin before non-recurring items for the Lectra 2024 scope.

    In total, full-year 2024 revenues grew 10% to 526.7 million euros and EBITDA before non-recurring items increased 15% to 91.1 million euros.

    Successful integration of Launchmetrics

    Launchmetrics achieved revenues of 41.2 million euros and an EBITDA before recurring items of 7.0 million euros, and exceeded the Group’s profitability expectations with an EBITDA margin before non-recurring items of 16.9%.

    What’s more, this acquisition has considerably expanded Lectra’s SaaS activity, providing the basis for a twofold increase in SaaS revenues to 77.4 million euros at end-2024 and strengthening SaaS’s future potential.

    The integration — in terms of processes, teams and products — is already a proven success and enables Lectra to form a coherent set of SaaS activities. Launchmetrics has also contributed its top-level practices in the area of SaaS, thus enriching the customer experience across the Group.

    Continuing improvement in the fundamentals of the Group’s business model

    The fundamentals of the Group’s business model were substantially improved, notably on the basis of the strict cost control policy implemented since May 2023, and the contribution of Launchmetrics. Recurring revenues increased by 18%, with margins covering nearly all fixed costs. The EBITDA margin before non-recurring items rose 0.8 percentage point, to 17.3%. Free cash flow before non-recurring items generated in 2024 came to 72.1 million euros (+59%) and the Group’s net debt was brought down to 20.6 million euros at December 31, 2024.

    2.    Q4 2024

    Q4 2024 revenues were up 11% compared to Q4 2023, at 132.5 million euros, with Launchmetrics contributing 11.0 million euros.

    EBITDA before non-recurring items (22.6 million euros) was up 14% and the EBITDA margin before non-recurring items came to 17.1% (+0.5 percentage points).

    Free cash flow before non-recurring items rose sharply to 22.2 million euros (+68%).

    Lectra 2023 scope

    Currency changes had only a limited impact on revenues and results.

    Orders for new systems were stable compared to Q4, 2023, at 38.6 million euros, and new SaaS subscriptions came up to 3.6 million euros (+17%).

    Revenues came to 121.5 million euros, up 1%: revenues for new systems were down 6%, while recurring revenues were 5% higher.

    EBITDA before non-recurring items was 21.0 million euros and the EBITDA margin before non-recurring items came to 17.3%, up 0.3 percentage point.

    3.    2024

    Full-year 2024 revenues came to 526.7 million euros, up 10% with the following breakdown: 28% of total revenues for new systems, down 5%, 72% of total revenues in recurring revenues, up 18%, including Saas revenues of 77.4 million euros (x2.5).

    Launchmetrics, which has been consolidated since January 23, 2024, contributed 41.2 million euros to 2024 revenues.

    Gross profit came to 376.9 million euros, up 13%, and the gross profit margin was 71.6%, up 1.8 percentage points over 2023.

    EBITDA before non-recurring items came to 91.1 million euros, up 15%, and the EBITDA margin before non-recurring items rose 0.8 point to 17.3%.

    Income from operations before non-recurring items amounted to 49.3 million euros, stable compared to 2023. This included a 22.7-million-euro charge for amortization of intangible assets arising from the acquisitions carried out since 2021.

    Research and development costs, which were fully expensed in the period and included in fixed overhead costs, represented 12.8% of revenues (11.7% in 2023).

    Financial income and expenses represented a net charge of 6.0 million euros (2.8 million euros in 2023) due to higher interest rates and the financing of the Launchmetrics acquisition.

    Foreign exchange gains and losses generated a net loss of 2.2 million euros.

    Taking into account the amortization of intangible assets, the increase in financial expenses, and an income tax expense of 10.9 million euros, net income amounted to 29.6 million euros, down 9% compared to 2023.

    Free cash flow before non-recurring items was significantly higher, at 72.1 million euros (+59%).

    A particularly robust balance sheet

    At December 31, 2024, the Group had a particularly robust balance sheet with a consolidated shareholders’ equity of 374.4 million euros, a negative working capital requirement of 25.2 million euros and net debt of 20.6 million euros. The net debt consisted of financial debt of 102.5 million euros and cash of 81.9 million euros.

    Lectra 2023 scope

    Currency changes had only a limited impact on revenues and results.

    Orders for new systems (144,9 million euros) were stable compared to 2023.

    Orders for perpetual software licenses (11.4 million euros) fell by 18% — as most new software is now sold in SaaS mode— while orders for equipment and accompanying software (113.0 million euros), and for training and consulting (17.3 million euros) rose by 2% and 9%, respectively.

    Revenues were up 2% at 485.5 million euros, and recurring EBITDA was up 7% at 84.2 million Euros.

    4.    DIVIDEND

    The Company maintained its attractive shareholder compensation policy with dividends representing a payout ratio of about 40% of net income in 2023 and, as a result of the strong increase in free cash flow, the company has decided on a payout ratio of 50% of net income for the year 2024.

    The Board of Directors will propose to the Shareholders’ Meeting of April 25, 2025 the payment of a dividend at €0.40 per share in respect of fiscal year 2024.

    5.    CHANGES IN GOVERNANCE

    Following a disagreement with the Chairman and Chief Executive Officer regarding the role of the Lead Director, Ross McInnes has decided to resign from his position as Director, effective April 24, 2025. The Board of Directors thanks him for his contribution over the past three years. 

    As of April 25, 2025, the Board of Directors of Lectra will consist of 7 members: Daniel Harari (Chairman and Chief Executive Officer), Nathalie Rossiensky (Lead Director, Independent Director), Céline Abecassis-Moedas (Independent Director), Karine Calvet (Independent Director), Pierre-Yves Roussel (Independent Director), Jérôme Viala (non-Independent Director) and Hélène Viot-Poirier (Independent Director). 

    6.    ASSESSMENT OF THE 2023-2025 STRATEGIC ROADMAP – SECOND PROGRESS REPORT

    Launched in 2017, the Lectra 4.0 strategy aims to position the Group as a key Industry 4.0 player in its three strategic market sectors: fashion, automotive and furniture, before 2030. The strategy has been implemented up to now through three strategic roadmaps.

    The first strategic roadmap, which covered the 2017-2019 period, established the key fundamentals for the future of the Group.

    The second roadmap, which ran from 2020 through 2022, achieved a new dimension for the Group – primarily through the acquisition of Gerber in June 2021 – and opened new perspectives, with a financial position stronger than ever before, an extended worldwide presence, a broader customer base, a powerful product portfolio, a growing number of customers using its new offers for Industry 4.0, and a new brand image.

    The Group’s ambition over the 2023-2025 period is to take full advantage of its change in dimension to accelerate growth, to significantly increase the volume of SaaS in revenues, and to seize acquisition opportunities.

    Despite the unstable economic and geopolitical climate, Lectra successfully maintained its long-term strategic orientations. Further, all the fundamentals of the Group’s business model improved significantly and customer adoption of the SaaS model accelerated. The Group acquired Launchmetrics and strategic partnerships were concluded with Six Atomic and AQC.

    With the commitment of employees and recognition by customers, Lectra stands at the forefront in building a more sustainable future. The Group has taken numerous steps to enhance its offering to reduce environmental impact for its customers, notably through material traceability for fashion, thanks to the acquisition of a majority stake in TextileGenesis in early 2023.

    Details of the second progress report on this 2023-2025 strategic roadmap can be found in the December 31, 2024 “Management Discussion and Analysis” document, available on Lectra.com.

    7.    OUTLOOK

    In the challenging environment of 2024, Lectra proved to be highly resilient, confirming the relevance of its strategy and the quality of its fundamentals—crucial assets for the Group’s continued development.

    Outlook for 2025

    While initial positive signs can be detected, the lack of visibility in what remains an uncertain economic and geopolitical context, could continue to weigh on investment decisions by the Group’s customers going forward.

    In this context, the Group has begun the year 2025 with confidence and will pursue its strategy by meeting the needs of its customers as closely as possible via the quality of its offers for Industry 4.0 and by developing its SaaS activity.

    As in the previous two years, visibility regarding orders for new systems remains low, with no way of anticipating the timing or magnitude of a possible rebound, which could nevertheless occur during the course of the year.

    Recurring revenues, which accounted for 72% of total revenues in 2024, are expected to grow further in 2025, largely on the strength of expanding SaaS activity.

    Furthermore, the Group will maintain strict cost controls and anticipates a mix of orders that will favorably impact the gross margin.           

    In light of the above, Lectra has set the 2025 objective of achieving recurring revenues of over 400 million euros, including 90 million euros of SaaS revenues.

    Overall, revenues are expected to be between 550 and 600 million euros, with an EBITDA margin before non-recurring items close to 20%, based on exchange rates at December 31st, 2024, particularly of $1.04/€1.

    The Management Discussion and Analysis of Financial Conditions and Results of Operations and the financial statements for Q4 and the fiscal year 2024 are available on lectra.com. First quarter earnings for 2025 will be published on April 24. The Annual Shareholders’ Meeting will take place on April 25, 2025.

    About Lectra

    As a major player in the fashion, automotive and furniture markets, Lectra contributes to the Industry 4.0 revolution with boldness and passion by providing best-in-class technologies.The Group offers industrial intelligence solutions – software, equipment, data and services – that facilitate the digital transformation of the companies it serves. In doing so, Lectra helps its customers push boundaries and unlock their potential. The Group is proud to state that its 3,000 employees are driven by three core values: being open-minded thinkers, trusted partners and passionate innovators.Founded in 1973, Lectra reported revenues of 527 million euros in 2024. The company is listed on Euronext, where it is included in the following indices: CAC All Shares, CAC Technology, EN Tech Leaders and ENT PEA-PME 150.

    For more information, visit lectra.com.

    Lectra – World Headquarters: 16–18, rue Chalgrin • 75016 Paris • France
    Tel. +33 (0)1 53 64 42 00 – www.lectra.com
    A French Société Anonyme with capital of €37,966,274 • RCS Paris B 300 702 305

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    The MIL Network –

  • MIL-OSI: Surfshark releases annual company report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Surfshark Annual Wrap-up 2024 highlights another year of Surfshark’s growth and impact. In 2024, Surfshark increased product offerings, social responsibility efforts, and global outreach.

    “At Surfshark, we’re dedicated to building the most beloved security products people can rely on. Our mission is to deliver a service that earns trust and provides genuine value. We’ve recognized that our strength lies in creating a seamless user experience and outstanding service — which every team member contributes to. Especially in uncertain times, we aim to offer stability through convenient, accessible multi-product solutions that simplify online security and remove the worry of staying protected,” says Vytautas Kaziukonis, CEO at Surfshark. 

    “In 2024, we landed among the top 50 in the Financial Times 1000: Europe’s Fastest Growing Companies list. This achievement is not just about rapid growth but also about maintaining balanced, long-term, and stable development,” adds V.Kaziukonis.

    Technical Advancements in 2024

    In 2024, Surfshark focused on enhancing the quality of its services to better meet the needs of users. The technical team introduced several new features to ensure stronger privacy and security for everyone. One of the standout innovations was Alternative Number, a unique feature designed to protect users’ phone numbers online. Additionally, Surfshark expanded support for Apple TV, enabling seamless privacy protection across more devices. To further empower users, Surfshark introduced a free Data Leak Checker, allowing individuals to assess the safety of their personal information at no cost.

    Incogni’s Milestones and Expansion

    Incogni, Surfshark’s data removal product, had a remarkable year. In 2024, Surfshark acquired Ironwall to expand its offerings for individuals concerned about data protection. Ironwall specializes in online privacy protection for public servants and businesses, with a focus on judges, law enforcement, healthcare professionals, and financial institutions. Additionally, Incogni underwent a rebranding, giving it a fresh new look while staying true to its mission of protecting digital privacy in a clear and effective manner.

    Research Initiatives and Cybersecurity Awareness

    Surfshark’s research team had a productive year, rolling out impactful studies and initiatives aimed at raising awareness about cybersecurity. One major launch was the Smart Homes Privacy Checker, a tool that allows users to assess the privacy risks associated with their smart home devices.

    Surfshark also continued to track and report on the state of global internet freedom with the Internet Shutdown Tracker. Additionally, the Global Data Breach Statistics report provided insights into the increasing number of data breaches worldwide, helping promote better online safety practices.

    Commitment to Social Responsibility

    Surfshark’s dedication to corporate social responsibility remained strong in 2024. The company deepened its partnerships with trusted NGOs and nonprofits, such as the Open Observatory of Network Interference (OONI) and Open Rights Group (ORG), to advance digital rights and internet freedom.

    A major highlight was the launch of Surfshark’s first-ever Impact Report, showcasing its Environmental, Social, and Governance (ESG) efforts. This included the use of renewable energy, carbon emission mapping, and contributions to causes such as aid for Ukraine and marine conservation efforts.

    Additionally, Surfshark continued its Emergency VPN initiative, providing free VPN access to over 300 journalists, NGO workers, and activists facing internet censorship and surveillance.

    Read the full report here: surfshark.com/media/Surfshark_Annual_Wrap-Up_2024.pdf 

    NOTES TO EDITORS

    Surfshark is a cybersecurity company focused on developing humanized privacy and security solutions. The Surfshark One suite includes one of the very few VPNs audited by independent security experts, an officially certified antivirus, a private search tool, and a data leak alert system. Surfshark is recognized as the Tech Advisor’s Editor’s Choice for 2024. For a closer look at Surfshark in 2024, check our annual wrap-up. For more research projects, visit our research hub at: surfshark.com/research

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    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Wilhelmina International, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Wilhelmina International, Inc. (OTCQX: WHLM), a company that, through its subsidiaries, provides fashion model and talent management services in the United States, has qualified to trade on the OTCQX® Best Market. Wilhelmina International, Inc. previously traded on NASDAQ.

    Wilhelmina International, Inc. begins trading today on OTCQX under the symbol “WHLM.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    About Wilhelmina International, Inc.
    Wilhelmina International, Inc., through its subsidiaries, provides fashion model and talent management services in the United States. The Company specializes in the representation and management of models, entertainers, artists, athletes, and other talent to various customers and clients, including retailers, designers, advertising agencies, and catalog companies. It also engages fashion modeling and talent product-endorsement services to clients, such as ad agencies, branded consumer goods companies, fashion designers, magazines, retailers and department stores, product catalogs, and Internet sites; licensing of the Wilhelmina brand name; and engages in television syndication royalties and production series contracts. The company was founded in 1967 and is headquartered in Dallas, Texas.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI USA: Space Shuttle Endeavour Takes Flight

    Source: NASA

    Blue mach diamonds from the main engine nozzles and bright exhaust from the solid rocket boosters mark the successful launch of space shuttle Endeavour 25 years ago on Feb. 11, 2000. The STS-99 mission crew – including astronauts from NASA, the National Space Development Agency of Japan (NASDA), and the European Space Agency (ESA) – were aboard the shuttle.
    This mission saw the deployment of the Shuttle Radar Topography Mission mast and the antenna turned to its operation position. After a successful checkout of the radar systems, mapping began less than 12 hours after launch. Crewmembers split into two shifts so they could work around the clock.
    Also aboard Endeavour was a student experiment called EarthKAM, which took 2,715 digital photos during the mission through an overhead flight-deck window. The NASA-sponsored program lets middle school students select photo targets and receive the images via the Internet. 
    Image credit: NASA

    MIL OSI USA News –

  • MIL-OSI: MEXC Unveils February Futures Trading Competition with 8,000,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 12, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is thrilled to announce the launch of its highly anticipated Futures Trading Competition, set to take place from February 12 to February 26, 2025. This event offers participants the opportunity to sharpen their trading skills and compete for a substantial prize pool that can reach an impressive 8,000,000 USDT based on the number of participants.

    Event Timeline

    • Registration Period: February 11, 2025, 08:00 – February 26, 2025, 14:55 (UTC)
    • Event Period: February 12, 2025, 15:00 – February 26, 2025, 14:59 (UTC)

    Who Can Participate?

    The competition is open to all participants who maintain a minimum Futures wallet balance of 200 USDT. MEXC will verify the eligibility of registered participants prior to the competition. Participants who do not meet this requirement can easily adjust their wallet balance and re-register for a chance to compete.

    Prize Pool Unlocks Up to 8,000,000 USDT

    The Futures Trading Competition opens with a 1,000,000 USDT prize pool. As the competition unfolds and participant numbers hit the 150,000 mark, the prize pool grows to 8,000,000 USDT. This progressive prize structure is designed to increase participation and trading volume, thereby enhancing the stakes and rewards for all involved.

    Ways to Win: Futures Bonuses and Prize Pool Breakdown

    Traders can claim their share of the prize pool and win Futures Bonuses through several ways, including:

    Lucky Spin: Share 35% of the Total Prize Pool
    Every participant has the chance to spin the Lucky Wheel. For every 150,000 USDT in daily trading volume, participants earn one spin, with the opportunity to spin up to 3 times daily. Each spin offers random Futures bonuses from the prize pool until all bonuses are claimed. Spins reset daily at 14:59 (UTC), providing participants with fresh opportunities to earn rewards each day.

    Top Ranking Traders: Share 35% of the Total Prize Pool
    Participants with a cumulative USDT-M Futures trading volume of at least 20,000 USDT will qualify for the PNL and Daily Trading Volume rankings.

    • The top 200 traders by Daily Trading Volume will share 25% of the prize pool.
    • The top 100 traders by PNL will share 10% of the prize pool.

    Special Rewards for Exceeding Daily Trading Volume Threshold
    If the overall daily trading volume exceeds a specific threshold, participants will be eligible to claim additional rewards and Futures bonuses.

    Best of MEXC

    MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 32 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/74acc1a4-044f-42ee-81b5-d3303fddab4a

    The MIL Network –

  • MIL-OSI: Bitget Wallet Integrates Mantra Mainnet, Enabling Access to RWA Tokenization

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 12, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has announced full support for the Mantra Mainnet, a Layer 1 blockchain focused on the tokenization of real-world assets (RWA). With this integration, Bitget Wallet users can easily access Mantra’s network to transfer and receive $OM tokens, participate in cross-chain transactions, and explore staking opportunities through Mantra’s DApp.

    The Mantra Mainnet is designed to enable the onchain representation of real-world assets, bridging the gap between traditional finance and blockchain ecosystems. Through tokenization, Mantra aims to provide a scalable and flexible foundation for integrating RWAs within decentralized finance (DeFi). By offering a compliant-ready framework, it positions itself as a key player in unlocking RWA potential.

    Bitget Wallet’s integration with Mantra highlights its commitment to expanding user access to emerging on-chain asset ecosystems. Users can interact seamlessly with Mantra’s DApp, which offers $OM token staking, cross-chain functions, and official rewards programs. This integration aligns with the growing trend of bringing real-world asset exposure to the decentralized world.

    Looking ahead, Bitget Wallet plans to deepen its collaboration with Mantra through upcoming reward programs designed to encourage user participation in the evolving RWA ecosystem. “As real-world assets move on-chain, wallets become gateways to a new era of finance,” said Alvin Kan, COO of Bitget Wallet. “Our partnership with Mantra accelerates this shift by providing users with direct access to tokenized assets, reshaping how value is stored, transferred, and grown in the digital world.”

    About Bitget Wallet
    Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, an NFT marketplace and crypto payment. Supporting over 100 blockchains, 20,000+ DApps, and 500,000+ tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b1b3321-b108-40cb-94a7-2d49171cac93

    The MIL Network –

  • MIL-OSI Europe: Slovenian businesses among EU’s climate-action leaders, EIB Investment survey shows

    Source: European Investment Bank

    • Almost all companies in Slovenia – 97% – have taken steps to cut emissions, according to annual survey commissioned by EIB.
    • Share of Slovenian businesses moving to reduce carbon footprint is second highest in EU.
    • Slovenian firms also have done more than most in EU in embracing digital technologies.

    Nearly all Slovenian companies – 97% – have taken steps to reduce greenhouse gas emissions, the second-highest share in Europe behind only Finland, according to a European Investment Bank (EIB) Group survey. In addition, four in five Slovenian businesses have embraced advanced digital technologies compared with a European Union average of 74%, new country results from the EIB Group Investment Survey (EIBIS) show.

    EIBIS is an annual report based on polling of approximately 13,000 firms in all EU Member States plus a sample from the United States. Its main results were released in October 2024, showing that EU businesses lead the way in investments in climate mitigation and adaptation.

    The detailed reports for individual EU countries were published today. Key takeaways for Slovenia include:

    • The share of Slovenian companies that have moved to reduce greenhouse gas emissions trails only Finland’s 99% in the EU, where the average is 91%.
    • Slovenian businesses are more likely than counterparts elsewhere in the EU to invest in less-polluting technologies and sustainable practices.
    • Slovenian firms are more likely than EU firms to have adopted automation via robotics, Internet of Things and big data/AI.
    • Green strategies by firms in Slovenia include saving energy, curbing waste and recycling.
    • Regarding investment barriers, Slovenian companies express concerns about political, regulatory and economic factors and an insufficiency of skilled staff is the most common obstacle cited.

    “Slovenian firms are leading the way in green and digital investments, showing strong commitment to sustainability and innovation,” said EIB Vice-President Kyriacos Kakouris. “However, challenges such as regulatory uncertainty and workforce availability must be addressed to unlock further growth. The EIB Group is committed to continue supporting Slovenian businesses to overcome these challenges and boost their competitiveness.” 

    The full country report about Slovenia is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.  

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe. 

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.   

    MIL OSI Europe News –

  • MIL-OSI Europe: EIB Investment Survey shows Belgium investments have returned above pre-COVID levels.

    Source: European Investment Bank

    • Investments in Belgium last year were 4% higher than pre-COVID levels.
    • Businesses in Belgium are ahead of overall European levels in terms of innovation and adoption of advanced digital technologies.
    • Share of Belgian firms prioritising development or introduction of new products and services is far above the bloc’s average.

    A very high percentage of Belgian firms (90%) reported having adopted digital technologies, the second highest percentage of all EU-countries and far above the bloc’s average, according to the European Investment Bank (EIB) Group Investment Survey country results released today. The survey results for Belgium also show that Belgian businesses are far ahead in using Internet of Things (IoT) in their firms. In this field Belgium is far ahead of other EU countries, with an adoption rate of around 65%.

    The EIB Group Investment Survey (EIBIS), is an annual report based on polling of approximately 13,000 firms across all EU member states, with an additional sample from the United States. Its main results were released in October, showing that EU businesses lead way in investments in climate mitigation and adaptation.

    The detailed country reports for individual member states are released today

     When it comes to Belgium, key takeaways include:

    • Together with the Netherlands, Belgium leads the way in terms of the share of businesses’ investments devoted to intangible assets like software, data and website activities.
    • Belgium shows a strong focus on investments in new products and services (39% vs. EU average of 25%).
    • Around six out of every ten Belgian businesses (58%) invested in energy efficiency improvements.

    “European companies are making significant progress in tackling climate change and embracing digital transformation across the board,” remarked EIB Chief Economist Debora Revoltella. “However, enhancing EU investment necessitates a more cohesive and integrated single market.”

    The full country report about Belgium is available here.

    Survey results feed into the annual Investment Report, the flagship publication of the EIB Group’s Economics Department, gauging the investment outlook for Europe’s economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.  

    The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe’s policies, including industrial decarbonization, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year’s event is Investing in a more sustainable and secure Europe. 

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    In 2024, the EIB Group reached a funding volume of just over €2 billion in Belgium, focusing on energy, innovation, SMEs and climate.

    MIL OSI Europe News –

  • MIL-OSI Economics: Gabriel Makhlouf: The importance of foresight

    Source: Bank for International Settlements

    Good morning, and welcome to today’s Strategic Foresight Symposium. This morning’s program seeks to cultivate debate, foster exploration, and encourage reflection on how strategic foresight and anticipatory governance can shape our strategies, plans, and policy decisions for the future. 

    To maintain trust and credibility as public institutions, we must demonstrate to our stakeholders a capacity to anticipate and plan for the future. Over the past decades, we have witnessed transformative shifts, not least the rise of the Internet, other rapid technological advancements, the internationalisation of supply chains, and the global financial crisis. More recently, the past five years have brought a global pandemic, significant military conflicts, the resurgence of extreme political movements, and the accelerating impact of climate change. In my view the interconnected trends and signals of change highlight the need to build strategic foresight capacity to help navigate an increasingly complex and uncertain world. Being future-focused is one of the four themes of our strategy, emphasising the importance of preparing for the challenges and opportunities ahead. 

    Let me mention some of them.

    As we look to the future, it is clear that we are navigating a new era of great power competition, marked by the rapid shift to a multipolar world and the erosion of the international order that has underpinned global cooperation since World War II. Policy-induced geoeconomic fragmentation has moved from being a risk to becoming a reality, disrupting trade and foreign direct investment flows. As a small, open economy, Ireland finds itself at the crossroads of these geopolitical headwinds, deeply exposed to its challenges and complexities. 

    Ireland’s ageing demographics pose significant challenges to our future labour supply and productivity, and to the sustainability of our long-term growth. As the more productive segments of our population shrink, the resulting pressure on government finances will intensify. This trend is not unique to Ireland. Across the EU, populations are nearing their peak and are projected to decline, with implications for the Union’s economic growth and geopolitical influence. The IMF predicts that total hours worked in Europe will decline over the next five years. These shifts carry far-reaching policy implications, impacting working age and pension sustainability, healthcare resourcing, infrastructure, and our broader fiscal resilience. Addressing these challenges requires forward-thinking strategies. 

    The pandemic catalysed a significant acceleration in digitalisation, enabled by the expanded adoption of cloud computing. Alongside this we are witnessing a rapid evolution in artificial intelligence, reshaping not only the financial services industry but also the broader economy and the future of work. However, these transformative technologies come with complex challenges. AI’s integration will spark critical debates around privacy and ethical use. And while continued digitalisation in financial services offers opportunities to streamline transactions, it also heightens the need to address operational resilience, including ensuring robust defences against information and cyber security risks. 

    An increasingly insidious challenge is the growing risk of misinformation or alternative truths or straightforward lies, amplified by the rise of social media and the retreat from content moderation and fact-checking. This trend poses serious threats to the values that we have become used to and to democracy itself. Misinformation can undermine the stability of public institutions by corroding trust. This presents new challenges for all of us, as individuals, as institutions and as a community of citizens. 

    Strategic foresight is the ability of an organisation to continuously perceive, interpret, and respond to emerging ideas about the future. Rather than attempting to predict what lies ahead, foresight broadens our perspective, fostering dialogue that incorporates peripheral viewpoints and explores how multiple potential futures might unfold. To achieve this, we must augment our toolkit with methods such as horizon scanning and scenario analysis, empowering us to embrace anticipatory governance and navigate uncertainty through future-focused insights and dialogue. 

    I hope this morning’s event inspires you to explore how strategic foresight can help future-proof our strategies and policies. Let me leave you with three takeaways: 

    • The status quo is unlikely to prevail: in the uncertain world we are now navigating, there is a requirement to augment our approach to governance, to be more future-focused, and the use of strategic foresight can help;
    • Make time for foresight: amid daily challenges, it’s essential to set aside governance time, and to develop the capability and tooling to support effective horizon scanning;
    • Be open and engaged: the challenges we face are deeply interconnected, affecting multiple policy areas. To future-proof effectively, we must break down silos, share insights, challenge perspectives, and adopt a collaborative, horizontal approach. 

    Thank you for coming and I hope you have a good morning. 

    MIL OSI Economics –

  • MIL-OSI Economics: Empowering Future Leaders: Samsung Innovation Campus at Malawi University of Science & Technology Celebrates Successful Graduates

    Source: Samsung

    Samsung in collaboration with the Malawi University of Science and Technology (MUST) recently hosted an award ceremony where 31 students graduated from the Samsung Innovation Campus (SIC). SIC is a global Corporate Social Responsibility (CSR) flagship programme that seeks to improve the nation’s youth employment in the technology sector.
     
    The partnership between MUST and Samsung was officiated at the end of 2023, targeting youth on the African continent who are tertiary students or unemployed, with the aim of empowering them to develop their Fourth Industrial Revolution (4IR) skills. The SIC programme is aimed at training underserved youths with 21st Century technology knowledge and skills to enable them to stand a better chance of earning a living through employment or business opportunities.
     
    The graduation – a celebration of excellence in technology was attended by the Principal Secretary of the Ministry of Youth and Sports in Malawi, Mr Isaac Katopola as well as representatives from the Ministry of Education and the Information Communication Technology Association of Malawi (ICTAM).
     
    The guest of honour at the graduation, Mr Katopola outlined how this coding and software development training is contributing directly to job creation, innovation and entrepreneurship in Malawi. He explained how this MUST-SIC programme is in precise alignment with the country’s long-term development vision: “the Human Capital Development and Enablement in Malawi 2063”.
     
    Mr Katopola said: “In today’s world, coding and programming skills are essential because they allow youth to compete in both local and international platforms. The MUST graduates’ ability to code will now open doors to global markets, entrepreneurship and innovation. These skills will enable these Malawian young people to become problem solvers, innovators and creators rather than just consumers of any technology that is available to them.
     

     
    “This coding training is an enabler and a significant contributor to the attainment and realisation of Malawi’s development vision. He added that this vision is dependent on well educated, high skilled and innovative work force. And by equipping young people with digital skills and programming knowledge, we are all ensuring that they can actively participate in 4IR and drive technological advancement.”
    Through the SIC programme, MUST in partnership with Samsung have now had the opportunity to develop 4IR skills by teaching Coding and Programming (C&P) education in Python.
     
    Yolanda Chisi, a SIC beneficiary said: “I’m grateful to both Samsung and MUST for bringing this SIC programme into our country and for providing the unemployed youth of Malawi access to technological advancement. This SIC programme has not only provided us with technical skills in C&P, but also other critical soft skills, such as work readiness, communication and teamwork. These technical and soft skills combined are already helping to promote and turn us into talented young individuals who will shape the future of our society.”
     

     
    By providing the unemployed youth in Malawi with relevant skills and knowledge, the SIC programme is empowering the next generation of leaders and innovators, poised to drive positive change and economic growth in the country. The inclusion of C&P in education has ensured that the selected individuals are able to learn at their own pace, improve their understanding of key technological concepts as well as develop critical thinking and problem-solving skills.
     
    MUST Vice Chancellor, Professor Address Malata, added: “As MUST, we feel that our partnership with Samsung is critical to the advancement of both our educators and students’ knowledge, skills and experience. We are, therefore, thrilled to be part of a programme that is playing a vital role in harnessing the talent of Malawi’s youth and ultimately, contributing positively to the development of our future leaders.”
     
    Lefa Makgato, Corporate Social Responsibility Manager for Samsung Electronics in Southern Africa concluded: “We are happy to see a group of passionate and talented students graduating from the SIC programme. With this programme focusing on future technological innovation such as Coding and Programming – as Samsung, we are now able to re-affirm our commitment to creating opportunities that will see the youth becoming technology innovators.”
     

     

    MIL OSI Economics –

  • MIL-OSI USA: 87 Conducting an Effective Management Review – CANCELED

    Source: US Government research organizations

    This 2-hour webinar introduces the Laboratory Management Review process, an important tool to foster communication between top management and laboratory personnel to improve laboratory operations to produce quality calibrations and highly satisfied customers.

    Learning Objectives:

    At the end of (or during) this session, using your notes, ISO/IEC 17025:2017 and NIST HB 143, you will:

    • IDENTIFY management review criteria (Section 8.9) in ISO/IEC 17025, NIST HB 143, and your laboratory quality manual and related procedures;
    • LIST the personnel that should participate in a management review;
    • LIST the 15 elements that are typically discussed during a management review;
    • SELECT sources of objective evidence that are used during a management review;
    • DISCUSS the value and benefits of management reviews; and
    • APPLY the management review and process to laboratory scenarios.

    Materials & Supplies:

    None.

    Prerequisite(s):

    There are no prerequisites for this webinar.

    Pre-Work:

    To complete the pre-work, participants will need the following resources:

    • ISO/IEC 17025:2017 (Section 8.9 Management Reviews) and NIST HB 143
    • Laboratory policy and procedure for conducting a Management Review.
    • Laboratory’s most recent Management Review.
      • If you are planning on opening (or reopening) a laboratory, please contact the instructor for an alternative pre-work assignment.

    Pre-Work Deadline:

    Pre-work should be submitted to the instructor COB by Thursday, January 30, 2025.

    Post-Work:

    None. 

    Minimum Requirement(s):

    Completion includes completing pre-work assignment, full attendance, and active participation in the session activities and discussions.

    Audience:

    Laboratory personnel who have responsibilities for developing, implementing, and/or improving the quality management system in their laboratory as well as those who are seeking OWM recognition and/or accreditation or improvements to support recognition/accreditation. This webinar is especially useful for administrative or management staff who participate in management reviews and monitor the implementation and effectiveness of the resulting action items. This webinar is especially helpful for laboratory personnel and for the managers/administrators involved in the regular management review sessions. This course is available for non-weights and measures participants.

    Registration Fee:

    The current registration fee for webinars is $350.  The payment deadline is COB Monday, February 3, 2025, and confirmed participants will be sent payment instructions when their training request is confirmed.  Registration fees for State weights and measures metrologists are funded by NIST OWM.

    Instructor:

    Elizabeth Koncki
    Email: elizabeth.koncki [at] nist.gov (elizabeth[dot]koncki[at]nist[dot]gov)

    Technology Requirement(s):

    The webinar will be a live stream, so participants must have a constant connection during the webinar (hard-wired is preferred).
     
    1. Operating System (browser) configurations:

    • Windows
      • Windows 10, 8.1 (32-bit/64-bit), Windows 7 (32-bit/64-bit)
      • Microsoft Internet Explorer 11 or later, Windows Edge browser, Mozilla Firefox, and Google Chrome
      • For HTML Client – Google Chrome (v70.0 & above), Mozilla Firefox (v65.0 & above), and Edge (v42.0 & above)
    • Mac OS
      • Mac OS X 10.12, 10.13 and 10.14
      • Mozilla Firefox, Apple Safari, Google Chrome
      • For HTML Client – Google Chrome (v70.0 & above), Apple Safari (v12.0 & above), and  Mozilla Firefox (v65.0 & above)
    • Linux
      • Ubuntu 16.04; Red Hat Enterprise Linux 6
      • No application support is available for Linux. Users on Linux can attend meetings in a browser.
      • Google Chrome, Adobe Flash Player 23.0

    2. Mobile

    • The Adobe Connect app for iOS and Android requires Adobe Connect Server version 8.2 or later
    • Google Android 4.4 or later
    • Apple iOS: iOS 8.1.2 or later
    • Some features may not be enabled in all Adobe Connect meetings if one is using an Adobe Connect Server older than version 9.4.2 (required for Custom pods)
      • NOTE:  OWM discourages using the Adobe Connect app for iOS and Android because engaging with highly technical content and interactive polls are challenging on a small screen.

    3. Media players

    • In order to access the event, you must have, at a minimum, Adobe® Flash® Player 13 or higher installed on your computer. Please visit http://get2.adobe.com/flashplayer/ to download the Flash Player.

    4.  International Phone Calls

    • Before the webinar – Participants are responsible for verifying and testing that international calling is enabled on any telephone extension that will be used during the webinar. Some organizations permit only domestic calls, which may restrict the participant from making an international call to the OWM toll free number. A request to enable international call services may be necessary. Failing to test the international phone service could prevent participation in the webinar.

    5. Optional: If you have never attended an Adobe Connect meeting before:

    * Adobe, the Adobe logo, Acrobat and Adobe Connect are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries.

    MIL OSI USA News –

  • MIL-OSI Russia: Capital projects receive awards at international exhibition in Bangkok

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Three capital projects received awards at the International Exhibition of Intellectual Property, Inventions, Innovations and Technologies IPITEX 2025, which was held in Bangkok. This was reported by Maria Bagreeva, Deputy Mayor of Moscow, Head of the Department of Economic Policy and City Development.

    The gold medal in the category “Construction, civil engineering and architecture” was won by the collection of standards for assessing the costs of operating urban facilities (SN-2012). The organizers also awarded it a special prize for the high level of the product.

    The electronic robotic system “Risk-Based Approach to Execution of Government Contracts” won the gold medal in the category “Robotics, Electronics, Automation, Internet of Things and Software”. In addition, the project was awarded a special prize by the Japan Intellectual Property Association (JIPA) as the best innovative IT development.

    The investment program registry won a silver medal in the category “Environmental protection, energy, water supply, green technologies”. In addition, it was awarded a diploma by the World Association of Women Inventors and Entrepreneurs as the best development.

    “The digital technologies that Moscow is implementing to improve the quality of life of the population and improve the business climate of the Russian capital are receiving recognition from the expert community at the international level. The SN-2012 collection contains prices for all types of work and services for the maintenance and repair of schools, clinics, parks, roads, bridges and other city facilities. This information helps the city avoid unjustified costs and provides businesses with equal conditions for participation in government procurement,” noted Maria Bagreeva.

    She also emphasized that the robotic system “Risk-oriented approach to the execution of state contracts” allows organizations to control the timely payment of contracts and reduces the time for auditing subordinate institutions. The register of investment programs, in turn, simplifies the interaction between project initiators and potential investors, which accelerates the implementation of significant city initiatives.

    In 2024, the main IPITEX awards were given to the Unified Data Warehouse database, as well as the digital mechanism for forming purchases in the healthcare system within the Expertise platform. The model for predicting citizens’ fees in the Tariff information and analytical system won a bronze medal.

    The International Exhibition of Intellectual Property, Inventions, Innovations and Technologies IPITEX has been held in Bangkok since 1995 under the auspices of the National Research Council under the patronage of the King of Thailand and the International Federation of Inventors Associations. In 2025, 680 developers from 22 countries took part in it.

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