Category: Internet

  • MIL-OSI USA: Summerville man arrested on Child Sexual Abuse Material* chargesRead More

    Source: US State of South Carolina

    (COLUMBIA, S.C.) – South Carolina Attorney General Alan Wilson announced the arrest of Richard Vincent Willis, Jr., 54, of Summerville, S.C., on 19 charges connected to the sexual exploitation of minors. Internet Crimes Against Children (ICAC) Task Force investigators with the Dorchester County Sheriff’s Office made the arrest. Investigators with the Attorney General’s Office, also a member of the state’s ICAC Task Force, assisted with the investigation.

     

    Investigators received a CyberTipline report from the National Center for Missing and Exploited Children (NCMEC), which led them to Willis. Investigators state Willis possessed files of child sexual abuse material.

     

    Willis was arrested on February 6, 2025. He is charged with 19 counts of sexual exploitation of a minor, third degree (§16-15-410), a felony offense punishable by up to 10 years imprisonment on each count.

     

    This case will be prosecuted by the Attorney General’s Office.

     

    Attorney General Wilson stressed all defendants are presumed innocent unless and until they are proven guilty in a court of law.

     

     

     

    * Child sexual abuse material, or CSAM, is a more accurate reflection of the material involved in these heinous and abusive crimes. “Pornography” can imply the child was a consenting participant.  Globally, the term child pornography is being replaced by CSAM for this reason.

    MIL OSI USA News

  • MIL-OSI United Nations: Secretary-General’s press encounter on the Democratic Republic of the Congo [scroll down for French version]

    Source: United Nations secretary general

    Good morning. 

    I wanted to say a few words about the deeply concerning situation in the Democratic Republic of the Congo.

    We are at a pivotal moment and it is time to rally together for peace. 

    Tomorrow, leaders from the East African Community and the Southern African Development Community will take part in a Summit in Tanzania. 

    The focus will be addressing the crisis in the face of the offensive by the M23, supported by the Rwandan Defence Forces.

    Next week, in Addis Ababa, I will take part in a Summit-level meeting of the African Union Peace and Security Council where this crisis will be also front and centre.

    In advance of these crucial gatherings, I want to make a special appeal for peace.  

    Thousands of people have been killed – including women and children – and hundreds of thousands have been forced from their homes in the eastern DRC.

    We also see the continued threat by other armed groups, either Congolese or foreign.

    All of this is having an enormous human toll. 

    We have countless reports of human rights abuses, including sexual and gender-based violence, forced recruitment, and the disruption of lifesaving aid.

    The humanitarian situation in and around Goma is perilous.

    Hundreds of thousands of people are on the move, with many of the previous sites hosting displaced people north of the city now looted, destroyed or abandoned. 

    Healthcare facilities are overwhelmed. 

    And other basic services – including schools, water, electricity, phone lines and the internet – are severely limited.

    Meanwhile, the conflict continues to rage in South Kivu and risks engulfing the entire region. 

    I want to pay tribute to all those who have lost their lives, including MONUSCO blue helmets and regional forces. 

    And I express my solidarity with the Congolese people who find themselves yet again the victims of a seemingly endless cycle of violence.

    As the Summit in Tanzania gets underway, and as I prepare to leave for Addis Ababa, my message is clear: 

    Silence the guns. 

    Stop the escalation.

    Respect the sovereignty and territorial integrity of the Democratic Republic of the Congo.

    Uphold international human rights law and international humanitarian law.

    There is no military solution.

    It is time for all the signatories of the Peace, Security and Cooperation Framework for the DRC and the region to honour their commitments.

    It is time for mediation.  It is time to end this crisis.  It is time for peace. 

    The stakes are too high.

    We need the active and constructive role of all players — namely neighbouring countries, subregional organizations, the African Union and the United Nations.

    Let us all act together for peace.

    Thank you.

    ***
    [French translation]

    Bonjour

    Je tenais à dire quelques mots sur la situation extrêmement préoccupante en République démocratique du Congo.

    Nous sommes à un tournant décisif et le moment est venu d’agir ensemble pour la paix.

    Demain, les dirigeantes et dirigeants des pays membres de la Communauté d’Afrique de l’Est et de la Communauté de développement de l’Afrique australe participeront à un sommet en Tanzanie.

    Le Sommet sera consacré aux moyens de faire face à la crise provoquée par l’offensive menée par le M23 avec l’appui des Forces de défense rwandaises.

    La semaine prochaine, à Addis-Abeba, je prendrai part à une réunion au sommet du Conseil de paix et de sécurité de l’Union africaine qui aura aussi cette crise pour sujet principal.

    Avant ces rencontres indispensables, je tiens à lancer un appel spécial à la paix.

    Des milliers de personnes ont été tuées – notamment des femmes et des enfants – et des centaines de milliers de personnes vivant dans l’est du pays ont été contraintes de fuir leur foyer.

    Nous constatons également que d’autres groupes armés, congolais ou étrangers, continuent de représenter une menace.

    Le coût humain de tout cela est énorme.

    D’innombrables cas d’atteintes aux droits humains nous sont signalés, dont des actes de violence sexuelle et fondée sur le genre, des cas de recrutement forcé et des entraves à l’acheminement d’une aide vitale.

    La situation humanitaire à l’intérieur et autour de Goma est précaire.

    Des centaines de milliers de personnes sont déplacées, et un grand nombre de sites accueillant des personnes déplacées dans le nord de la ville ont été pillés, détruits ou abandonnés.

    Les structures de soins sont débordées.

    D’autres services essentiels – dont les écoles, l’alimentation en eau et en électricité, les lignes téléphoniques et le réseau Internet – sont extrêmement limités.

    Dans le même temps, le conflit continue de faire rage au Sud-Kivu et risque d’engloutir l’ensemble de la région.

    Je tiens à rendre hommage à toutes les personnes qui ont perdu la vie, y compris les casques bleus de la MONUSCO et les membres des forces régionales.

    Et j’exprime ma solidarité avec le peuple congolais qui se retrouve une fois de plus victime d’un cycle de violence apparemment sans fin.

    À la veille du Sommet en Tanzanie, et alors que je suis sur le point de me rendre à Addis-Abeba, mon message est clair :

    Il faut faire taire les armes,

    Arrêter l’escalade,

    Respecter la souveraineté et l’intégrité territoriale de la République démocratique du Congo,

    Faire régner le droit international des droits humains et le droit international humanitaire.

    Il n’y a pas de solution militaire.

    Il est l’heure pour tous les signataires de l’Accord-cadre pour la paix, la sécurité et la coopération pour la République démocratique du Congo et la région d’honorer leurs engagements.

    Il est temps de recourir à la médiation et de mettre fin à cette crise. L’heure de la paix est arrivée.

    L’enjeu est trop élevé.

    Tous les acteurs – à savoir les pays voisins, les organisations sous-régionales, l’Union africaine et l’ONU – doivent jouer un rôle actif et constructif.

    Mobilisons-nous tous et toutes pour la paix.

    Je vous remercie.
     

    MIL OSI United Nations News

  • MIL-OSI Security: U.S. Attorney’s Office Returns $328,573 to Victim of Computer Support Scam

    Source: Office of United States Attorneys

    Marc H. Silverman, Acting United States Attorney for the District of Connecticut, and Michael J. Krol, Special Agent in Charge of Homeland Security Investigations (HSI), New England, today announced that the U.S. Attorney’s Office has returned approximately $328,573 to the victim of a computer support scam.

    A computer support scam is a type of fraud scheme where an alert appears on the victim’s computer imitating a customer support alert, tricking the victim into contacting the bad actors.  When the victim contacts the scammers, the scammers then take remote control of the computer and either directly transfer money from the victim to the scammers or trick the victim into sending money to the scammers.

    According to the complaint (3:24cv840), in February 2024, an elderly woman who was tricked by a computer support scheme that mimicked Microsoft customer support transferred approximately $550,000 to the scammers in two wire transfers.  Within two days of the transfers, the victim and a family member reported the incident to the Simsbury Police Department, who then partnered with HSI to investigate the crime.  Fortunately, one of the wire transfers, in the amount of $221,000, was reversed by the bank and returned to the victim.  HSI traced the remaining money, totaling approximately $328,573, and seized it.  The U.S. Attorney’s Office then filed a civil asset forfeiture action to forfeit the money to the government, and the U.S. Attorney’s Office and HSI then worked with the Department of Justice’s Money Laundering and Asset Recovery Section (MLARS) to return the money to the victim.  MLARS initiated the return of the money on February 4, 2025.

    Generally, the U.S. Attorney’s Office first forfeits the money, then returns it to the crime victims, so that the crime victims have clear title to the property without risk of further litigation.

    “The U.S. Attorney’s Office is committed to helping victims of crime, and civil asset forfeiture is a powerful tool that allows the government to return money to victims of fraud schemes,” said Acting U.S. Attorney Silverman.  “As we continue to pursue criminal prosecution of the individuals responsible for this and other computer crimes, it is equally important to ensure that the government uses all of its tools to minimize, and in this case, undo, the financial impact these crimes have on victims.  This case represents the best case scenario, where nearly every dollar taken from the victim was returned to her.  While it can be difficult to come forward and admit that you have been victimized by online scammers, know that federal law enforcement and our state and local partners stand ready to help you to the fullest extent possible.”

    “Cyber scams run by foreign malign actors are becoming more common and more sophisticated every day,” said HSI New England Special Agent in Charge Krol.  “The victim in this case contacted authorities quickly resulting in the recovery of most of her money by the bank and by HSI – a best case scenario and rare result.  It is essential for victims of these kinds of cybercrimes to come forward as soon as possible.  We want the public to know that help is available and to reach out immediately if they’ve been victimized by international scammers.”

    If you think you have been a victim of a computer support scam, immediately contact your bank or financial institution to request a recall or reversal as well as a Hold Harmless Letter or Letter of Indemnity, and contact local law enforcement.  Additionally, file a detailed complaint with the Internet Crime Complaint Center at www.ic3.gov.  The Internet Crime Complaint Center is run by the FBI and serves as the country’s hub for reporting cybercrime.  Visit www.ic3.gov for updated information regarding cyber fraud schemes.

    This case is being prosecuted by Assistant U.S. Attorney David C. Nelson.

    MIL Security OSI

  • MIL-OSI United Kingdom: RAF Invictus competitors share their recovery journey07 Feb 2025

    Source: United Kingdom – Royal Air Force

    UK Armed Forces personnel and veterans are joining counterparts from 20 nations to compete in adaptive sports at the Invictus Games Vancouver Whistler 2025.

    Team UK comprises 62 competitors – all wounded, injured and sick serving personnel and veterans, who have experienced a range of challenging physical and mental injuries sustained while serving in the UK Armed Forces either at home or abroad.

    Team UK departing for the Invictus Games 2025 in Vancouver.

    Some of Team UK, who serve or served in the RAF, have shared their inspiring recovery journeys in this short documentary, ‘I AM INVICTUS: Finding me again’.

    This video contains emotional discussions around mental and physical health that some viewers may find upsetting. If you are affected by any of the issues raised, please see the link below for support.

    What the competitors want to share with those listening, is how powerful the Invictus Games can be in your recovery.

    “A big thing for me is I really want to keep promoting the programme. Because for me it’s been so powerful. If that can just reach one person that felt the way I did, and help them to realise, you may think you’ve tried everything but there are other things out there. I really hope that my contribution to the Invictus Games and my part of the programme and the journey isn’t about what we achieve this time round, it’s about getting other people involved for the legacy of the games. So that they get involved next time round and it helps them.”

    Corporal Matthew ‘Twitch’ Wickens

    The Invictus Games uses the power of sport to inspire recovery, offering a recovery pathway that helps wounded, injured or sick servicemen and women reclaim their purpose, identity and future, beyond their injury. The Ministry of Defence and the Royal British Legion are supporting Team UK to compete at the seventh Invictus Games, which features winter sports for the first time. Selection for the Games is based on the recovery benefit to each individual, rather than solely on expected performance. 

    Access to adaptive sports and the opportunity to participate in the Invictus Games is just one way the Royal British Legion & MOD supports the wounded, injured and sick Armed Forces community. There are also adventurous training and theatre and art programmes available for personnel, veterans and families which are delivered by partners via the RAF Recovery and Support Team.

    In recent months, Team UK have been preparing for the Games at the Royal British Legion’s Battle Back Centre in Lilleshall, which promotes the use of adaptive sport and adventure activities to help improve confidence and positively impact mental health and wellbeing. These activities are designed to help each individual achieve their best possible recovery and either return to Service duty or make a smooth transition to civilian life.

    The Invictus Games will be broadcast in the UK between 8-16 February on ITV in the UK. Nine daily highlight shows will be available on ITVX across the duration of the Games, which will include the Opening Ceremony.

    If you or a friend needs help or support, visit the Health and Wellbeing page for links to resources and partners who can help.

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: AI-enabled National Consumer Helpline system set up; gives sector-wise analysis of grievances

    Source: Government of India

    AI-enabled National Consumer Helpline system set up; gives sector-wise analysis of grievances

    National Consumer Helpline available as toll-free number “1915” or through web portal

    Posted On: 07 FEB 2025 11:36AM by PIB Delhi

    In a significant move towards enhancing consumer grievance redressal mechanisms, the Department of Consumer Affairs, under Ministry of Consumer Affairs, Food and Public Distribution, Government of India, has adopted an AI-enabled National Consumer Helpline (NCH) system that offers sector-wise analysis of grievances.

    This new technology-driven approach is aimed at improving the speed and efficiency of resolving consumer issues, particularly in the education sector.

    As a result of these technological advancements, the number of calls received by NCH has grown more than tenfold, from 12,553 in December 2015 to 1,55,138 in December 2024. This exponential growth reflects the rising confidence of consumers in the helpline. Similarly, the average number of complaints registered per month has surged from 37,062 in 2017 to 1,12,468 in 2024. The monthly average number of grievances registered digitally has increased from 54,893 in the FY 2023-24 to 68,831 in FY 2024-25 (as of December 2024).

    The Department therefore, urges all consumers to utilize the National Consumer Helpline accessible via a toll-free number 1915 or web portal https://consumerhelpline.gov.in/user/signup.php for any grievances related to products or services, ensuring that their voices are heard and that their issues are resolved promptly and effectively.

    The NCH has seen a remarkable reduction in the grievance disposal time. In 2024, the disposal rate of consumer grievances decreased to 48 days, down from 66.26 days in 2023. This reflects a substantial improvement in the resolution time; ensuring consumer’s concerns are addressed promptly.

    A key component of this strategy involves proactively identifying and transitioning companies with the highest number of grievances to ‘convergence partners.’ Once onboarding as a ‘convergence partner’ with NCH, these companies, which have the highest number of unresolved consumer complaints, are required to prioritize swift and effective grievance redressal in collaboration with the NCH. Under its initiative aimed at enhancing consumer welfare and promoting fair trade practices, NCH has successfully surpassed the significant milestone of 1,038 convergence companies to date, up from 263 in 2017.

    This initiative has already yielded promising results, especially in sectors such as education, where faster resolution of consumer complaints has become a priority. With NCH’s AI-driven, sector-specific analysis, these convergence partners can now act more effectively and efficiently in resolving consumer issues, thereby enhancing consumer trust and satisfaction. It is a Win-Win situation for both consumers & companies.

    As a result of this ongoing initiative, many large companies identified with the highest number of consumer grievances have now become official convergence partners of the National Consumer Helpline. Their inclusion is expected to lead to quicker resolutions and a higher disposal rate of consumer grievances, ultimately benefiting millions of consumers across the country.

    The NCH, a vital initiative of Department of Consumer Affairs, Government of India, has proven to be a cornerstone in the effective and timely redressal of consumer grievances. Operating at the pre-litigation stage, the helpline has made significant strides in resolving consumer complaints across a wide range of sectors, including Broadband & Internet, E-commerce, Consumer Durables, Digital Payment Modes, Petroleum, Banking, healthcare, consumer durables, real estate, and automobiles, etc. without requiring consumers to resort to formal legal proceedings.

    Below are key highlights that demonstrate the significant impact of the NCH in promoting consumer rights and enhancing the grievance redressal mechanism:

    Some of the key success stories includes:

    Broadband & Internet: A consumer from West Bengal encountered difficulties in obtaining a refund from an Internet service provider for services that were not availed. After reaching out to the National Consumer Helpline, the issue was resolved promptly. The provider issued a full refund and rectified the consumer’s account. Additionally, other satisfied consumers shared their positive feedback with the department, commending the efficient and effective resolution of their issues.

    E-Commerce Sector: A consumer from Karnataka raised an issue regarding the refund and return of a defective product received from an online retailer. Following the intervention of the National Consumer Helpline (NCH), the product was replaced, and a refund was promptly facilitated, enhancing the consumer’s trust in e-commerce platforms. Furthermore, the consumer shared their positive feedback, reflecting their increased trust in NCH 2.0. The review emphasized the effectiveness and reliability of the helpline in resolving issues swiftly and efficiently, further bolstering consumer confidence in the platform’s services.

    Consumer Durables: A citizen from Rajasthan reported a major malfunction in a product he had purchased. Despite his continuous requests, the company had failed to address the issue. With the assistance of the National Consumer Helpline (NCH), the product was promptly replaced, and the company issued a formal apology. Furthermore, consumers from different states shared their valuable feedback about the NCH team, praising their professionalism and efficiency in resolving grievances.

    Digital Payment Mode: A complaint was raised by a consumer from Delhi who was unable to use his online transaction service, and an amount of Rs. 45,000/- was frozen in his account. After engaging the National Consumer Helpline (NCH), the issue was resolved swiftly, with the bank unfreezing the amount and restoring the consumer’s access to their account. Furthermore, other satisfied consumers shared their positive reviews with the department, praising the efficient and timely intervention by NCH in resolving their grievances.

     

    Petroleum: A buyer in Telangana encountered extra charges that exceeded the MRP when receiving a cylinder he had booked. With the intervention of the National Consumer Helpline (NCH), the issue was swiftly resolved, and the consumer was compensated, safeguarding his rights.  Additionally, consumers from various corners of the nation shared their views regarding the operation of NCH 2.0.

    ****

    Abhishek Dayal/Nihi Sharma

    (Release ID: 2100545) Visitor Counter : 15

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: INITIATIVES TO PROMOTE SUSTAINABLE FARMING PRACTICES AND RESILIENCE AGAINST CLIMATE CHANGE

    Source: Government of India

    Posted On: 07 FEB 2025 4:45PM by PIB Delhi

    The Government through ICAR flagship network project ‘National Innovations in Climate Resilient Agriculture’ (NICRA) develop and promotes climate resilient agricultural technologies in 151 climatically vulnerable districts spread across the country, which are prone to extreme weather conditions like droughts, floods, frost, heatwaves, etc in light of the challenges posed by climate change. Climate resilient technologies viz., climate resilient varieties, intercropping systems, conservation agriculture, crop diversification, agroforestry systems, zero-till sowing, green manuring, integrated farming systems, integrated nutrient and pest management, organic farming, site specific nutrient management, in-situ moisture conservation, protective irrigation, micro irrigation methods etc. have been developed and demonstrated to large number of farmers through farmers’ participatory approach. Further, these technologies have been documented for 23 States and 3 Union Territories and shared with the State departments for further upscaling and convergence with on-going schemes in the States.

    To promote Precision Agriculture, ICAR has a Network Program on Precision Agriculture (ICAR-NePPA) working at 16 locations to develop ICT based technologies for accelerated profitable and sustainable system through precise use of inputs. Some of the outcomes of the project related to adopting to climate change/ weather aberrations are as, sensor-based soil and crop health monitoring and precision management of inputs (water and fertilizer) using robotics, IoTs and Data analytics; developed technologies for pest and disease monitoring particularly for rice and cotton crops for value added advisories for real time management.

    ICAR operates All India Coordinated Research Programme on Integrated Farming Systems (AICRP-IFS) in 25 States/UTs and All India Network Programme on Organic Farming (AINP-OF) in 16 States to develop sustainable farming practices such as alternate efficient cropping systems, integrated farming systems, organic farming and natural farming to address the challenges posed by climate change. A total of 76 models of integrated farming system (IFS) including 8 integrated organic farming system models for 26 States/UTs and organic farming packages for 80 cropping systems suitable to 16 States have been developed so far.          

    (c):    To help farmers in building resilience against extreme weather events and ensure long-term agricultural sustainability in the country, the Government of India implements National Mission for Sustainable Agriculture (NMSA), which is one of the Missions within the National Action Plan on Climate Change (NAPCC). NMSA has three major components i.e. Rainfed Area Development (RAD); On Farm Water Management (OFWM); and Soil Health Management (SHM). The Government of India provides financial assistance to the states through the NMSA to cope with the adverse impacts of climate change.

    Further, Government has introduced flagship yield based Pradhan Mantri Fasal Bima Yojana (PMFBY) along with Restructured Weather Based Crop Insurance Scheme (RWBCIS) from Kharif 2016 to help farmers build resilience against extreme weather events.

    Through Technology Demonstration component of NICRA, 6,93,629 farmers were benefitted through technology demonstrations and 6,47,735 farmers were benefitted through 23,613 capacity building programs on climate resilient agriculture.

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath Choudhary in a written reply in Rajya Sabha today.

    ******

     MG/KSR

    (Release ID: 2100674) Visitor Counter : 39

    MIL OSI Asia Pacific News

  • MIL-OSI: Global Net Lease Announces Release Date for Fourth Quarter and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2024 on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange.

    The Company will host a conference call and audio webcast on Friday, February 28, 2025, beginning at 11:00 a.m. ET, to discuss the fourth quarter and full year results and provide commentary on business performance. The results will be released before the call which will be conducted by GNL’s management team. A question-and-answer session will follow the prepared remarks.

    Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through the GNL website, www.globalnetlease.com, in the “Investor Relations” section. To listen to the live call, please go to the “Investor Relations” section of the Company’s website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the GNL website.

    Conference Call Details

    Live Call
    Dial-In (Toll Free): 1-877-407-0792
    International Dial-In: 1-201-689-8263

    Conference Replay*
    Domestic Dial-In (Toll Free): 1-844-512-2921
    International Dial-In: 1-412-317-6671
    Conference Replay Number: 13750621

    *Available from 2:00 p.m. ET on February 28, 2025 through May 28, 2025.

    About Global Net Lease, Inc.

    Global Net Lease, Inc. is a publicly traded real estate investment trust listed on the NYSE, which focuses on acquiring and managing a global portfolio of income producing net lease assets across the United States, and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.

    Important Notice

    The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks associated with realization of the anticipated benefits of the merger with The Necessity Retail REIT, Inc. and the internalization of the Company’s property management and advisory functions; that any potential future acquisition or disposition by the Company is subject to market conditions and capital availability and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in its forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

    Contacts:
    Investor Relations
    Email: investorrelations@globalnetlease.com
    Phone: (332) 265-2020

    The MIL Network

  • MIL-OSI Economics: Asian Development Blog: Preparing the Nation for Integration: Timor-Leste’s Path to ASEAN

    Source: Asia Development Bank

    Timor-Leste has taken major steps toward joining the Association of Southeast Asian Nations, but challenges remain. Strengthening governance, promoting investments, expanding trade, and enhancing human capital are still needed

    Timor-Leste is a young democracy facing significant development challenges. The poverty rate remains high at 41.8% and economic growth has been volatile, affected by both external and domestic shocks.

    The economy relies heavily on public spending and petroleum revenues. Long-standing structural challenges such as a weak private sector, inadequate infrastructure, a lack of skilled labor, and a challenging business environment, present daunting obstacles to economic diversification and long-term growth.

    Recognizing the role that regional cooperation and integration can play in addressing these challenges, Timor-Leste has long pursued membership in the Association of Southeast Asian Nations (ASEAN). This has been a strategic priority and a cornerstone of its economic development and foreign policy.

    ASEAN membership is expected to drive domestic policy and institutional reforms while expanding markets and reduce costs. It should also diversify the economy, attract trade and investments, and improve access to technology and skills.  

    Since applying for ASEAN membership in 2011, Timor-Leste has undertaken significant reforms, investments, and policy alignments—establishing a Directorate-General for ASEAN Affairs, modernizing customs, and engaging the private sector—to meet the requirements for full membership.

    Supported by partners like the Asian Development Bank, the country has accelerated capacity-building initiatives and advanced infrastructure, trade, renewable energy, and agriculture to foster broader economic opportunities.

    But more needs to be done for Timor-Leste to reap the full benefits of ASEAN.

    Timor-Leste requires comprehensive capacity-building initiatives to enhance the technical knowledge and skills of government officials and stakeholders. Developing and implementing targeted training workshops and seminars in key areas, especially those focused on specialized areas and sectoral drivers of growth, such as tourism or agriculture, will be crucial. Establishing mentorship programs that pair ASEAN expertise with Timor-Leste sectoral counterparts will provide knowledge transfer.

    Timor-Leste has made significant progress toward ASEAN accession, but continued collaboration, investment in human capital, and infrastructure improvements remain crucial for fully integrating into the region and maximizing economic opportunities.

    To ensure harmonization with ASEAN standards, expert guidance will be needed to assist in the review and improvement of government legislation, rules, and procedures. Facilitating peer-to-peer learning opportunities and best practices exchanges with other ASEAN member states that have successfully implemented core provisions will be beneficial. Providing resources and tools to assist in drafting and updating legislation to ensure compliance with core provisions is essential.

    Upgrading transport infrastructure is also crucial, requiring a strategic approach involving the development of comprehensive transport plans, substantial financial investments, and the engagement of specialized transport engineering expertise.

    Key areas of support include sustainable financing for road maintenance, capacity building, and technical assistance to strengthen planning, monitoring, and project supervision. Enhancing border protection and monitoring, improving equipment and resource allocation, and incorporating environmentally sustainable practices are also key elements.

    By aligning with international standards and focusing on regional integration, Timor-Leste can foster connectivity, streamline trade processes, and contribute significantly to overall economic growth and regional integration. Furthermore, developing ICT infrastructure is vital. Assisting in the design and implementation of automation and digitization projects for public services and trade facilitation measures will enhance efficiency.

    Timor-Leste requires comprehensive support to address its human capital challenges and improve labor force participation and food security. Key initiatives from ASEAN member states and other partners include promoting higher education through international education fairs, prioritizing Timorese students for university admissions, and establishing student and labor exchange programs.

    For basic education, creating teacher training centers and improving English language proficiency is a key priority. Online learning platforms will ensure continuous skill development and retention. The government has renewed focus on early childhood development, supported by the 2024 general state budget.

    Additional initiatives like the Inter-Ministerial Taskforce and the National Health Sector Nutrition Strategic Plan (2022-2026) target stunting and malnutrition, with the goal to reduce stunting from 47% to 25% by 2030. Promoting sustainable agricultural practices and strengthening healthcare infrastructure are also crucial.

    Timor-Leste is committed to modernizing its financial systems, developing e-payment solutions, and enhancing financial literacy and inclusion. Strengthening the business sector will create more opportunities for trade and investment.

    Supporting local businesses through capacity-building training focused on ASEAN trade, marketing, financial access policies, connectivity, and digital skills will ease integration barriers. Improving infrastructure and internet access through financial assistance will help businesses overcome critical barriers. Connecting with the ASEAN Business Advisory Council and other ASEAN members will boost trade and investment linkages.

    Timor-Leste aims to establish strong connections with ASEAN officials, stakeholders, and bodies, such as central banks and national statistics institutes. Government agencies represent Timor-Leste’s interests at ASEAN meetings and working groups. On the private sector side, Timor Leste’s Chamber of Commerce and Industry has participated in meetings with the ASEAN Business Advisory Council as an observer.

    Timor-Leste has made significant progress toward ASEAN accession, implementing key reforms and strengthening its economic and institutional frameworks. However, continued collaboration with ASEAN member states and development partners is crucial to overcoming remaining challenges.

    By sustaining momentum in governance, trade, and infrastructure improvements, Timor-Leste can fully integrate into the region and unlock new opportunities for growth. Stakeholders must remain engaged in supporting this journey, ensuring that the country maximizes the benefits of ASEAN membership for its people and economy.

    Bold Sandagdorj, country economist at ADB’s Timor-Leste Resident Mission, contributed to this blog post.
     

    MIL OSI Economics

  • MIL-OSI China: Thailand tightens border control after cutting power supply to Myanmar

    Source: China State Council Information Office

    Thailand has tightened border control to prevent possible adverse effects after it suspended power supply to five areas in Myanmar as part of its effort to combat illegal operations, Deputy Prime Minister Phumtham Wechayachai said on Thursday.

    Thai border patrol police and military forces have strengthened security along the border and all relevant agencies have been fully engaged in implementing the measures to tackle drug trafficking and border-related crimes, Phumtham said during an inspection visit to the Tak province bordering Myanmar.

    Phumtham cited one example where power usage visibly decreased by half in one of Myanmar’s areas where online scams are concentrated, after the electricity supply was cut off on Wednesday, indicating the impact of the measure.

    He noted that the Thai telecom regulatory body would terminate all problematic Internet connections by the end of this month, while essential services would face reduced connectivity.

    Thailand’s National Security Council resolved on Tuesday to cut electricity, fuel supply, and Internet services to five locations across three Myanmar states identified as bases for illegal activities, including human trafficking, call center scams, money laundering and transnational crimes.

    MIL OSI China News

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 4

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL4

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 4
    NWS Storm Prediction Center Norman OK
    730 PM EST Thu Feb 6 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast Kentucky
    Northeast Tennessee
    Extreme Southwest Virginia

    * Effective this Thursday night from 730 PM until Midnight EST.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph possible
    Scattered large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Scattered intense storms will track southeastward across
    the watch area for the next few hours, capable of hail and damaging
    winds. A tornado or two is also possible.

    The severe thunderstorm watch area is approximately along and 45
    statute miles north and south of a line from 50 miles northwest of
    Knoxville TN to 30 miles north northeast of Hot Springs NC. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU4).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 450. Mean storm motion vector
    27030.

    …Hart

    SEL4

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 4
    NWS Storm Prediction Center Norman OK
    730 PM EST Thu Feb 6 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast Kentucky
    Northeast Tennessee
    Extreme Southwest Virginia

    * Effective this Thursday night from 730 PM until Midnight EST.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph possible
    Scattered large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Scattered intense storms will track southeastward across
    the watch area for the next few hours, capable of hail and damaging
    winds. A tornado or two is also possible.

    The severe thunderstorm watch area is approximately along and 45
    statute miles north and south of a line from 50 miles northwest of
    Knoxville TN to 30 miles north northeast of Hot Springs NC. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU4).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 450. Mean storm motion vector
    27030.

    …Hart

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW4
    WW 4 SEVERE TSTM KY TN VA 070030Z – 070500Z
    AXIS..45 STATUTE MILES NORTH AND SOUTH OF LINE..
    50NW TYS/KNOXVILLE TN/ – 30NNE HSS/HOT SPRINGS NC/
    ..AVIATION COORDS.. 40NM N/S /44NW VXV – 25WSW HMV/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 450. MEAN STORM MOTION VECTOR 27030.

    LAT…LON 36988464 36958261 35658261 35688464

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU4.

    Watch 4 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (5%)

    Wind

    Probability of 10 or more severe wind events

    Mod (50%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Mod (50%)

    Probability of 1 or more hailstones > 2 inches

    Low (20%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI Economics: Samsung Galaxy S25 Series Arrives Worldwide

    Source: Samsung

    Samsung Electronics today announced the global availability of the new Galaxy S25 series. Together with One UI 7, Gemini is officially available at launch in 46 languages,1 making it easier than ever to perform seamless interactions across Samsung and Google apps.
     
    ▲ New York 500 Broadway, Galaxy Experience Space
     
    “The Galaxy S25 series is a fundamental shift in how we interact with our phones,” said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics. “We are thrilled to see how our users will enjoy this true AI companion that offers seamless and intuitive solutions in their daily lives.”
     
    ▲ Dubai The Bay Festival City Mall, Galaxy Experience Space
     
    On the Galaxy S25 series, AI agents with multimodal capabilities are integrated within the One UI 72 platform to perform complex tasks seamlessly across apps and enable natural user interactions through speech, text, videos and images. Now Brief3 provides tailored suggestions to guide through the day and Now Bar4 offers a new hub for ongoing activities. From enhanced productivity with Writing Assist to limitless creativity unleashed by Drawing Assist,5 the expanded capabilities of Galaxy AI6 continue to empower users in every aspect of their daily lives.
     
    Interactions with the Galaxy S25 series are also more intuitive. With just a single command, Gemini7 can effortlessly find a user’s favorite sports team’s schedule and add it to Samsung Calendar. Additionally, Google’s enhanced Circle to Search8 now gives users more helpful information with AI Overviews and one-tap actions.
     
    ▲ Vietnam Ho Chi Minh City, Galaxy AI Sai Gon Terminal
     
    The Galaxy S25 series further refines and enhances the core capabilities that define the Galaxy experience. Powering the Galaxy S25 series globally, the Snapdragon® 8 Elite Mobile Platform for Galaxy fuels on-device processing for more responsive AI experiences. With unique customizations for Galaxy, including ProScaler9 and Samsung’s mobile Digital Natural Image engine (mDNIe), the Galaxy S25 series boasts enhanced AI image processing and display power efficiency. The newly introduced 50MP ultrawide camera sensor for the Galaxy S25 Ultra delivers epic shots from every range in exceptional clarity, while professional grade controls like Virtual Aperture and Samsung Log turn any photo or video into the ultimate visual experience.

     
    ▲ Indonesia Jakarta Kota Kasablanka, Galaxy Experience Space
     
    The Galaxy S25 series is the industry’s first smartphone lineup to support Content Credentials, based on the open technical standard from the Coalition for Content Provenance and Authenticity (C2PA). Samsung has also joined the C2PA as a member, alongside industry leaders including Adobe, Microsoft, OpenAI, Google, Publicis Groupe and more, all collaborating to establish Content Credentials as the universal standard for digital content provenance. In line with its commitment to responsible mobile AI innovation, Samsung adopted this standard to enhance transparency for content created and edited with generative AI.
     
    Starting February 7, the Galaxy S25 series will be widely available through carriers and retailers and on Samsung.com. Galaxy S25 Ultra is available in Titanium Silverblue, Titanium Black, Titanium Whitesilver and Titanium Gray. Galaxy S25 and Galaxy S25+ come in Navy, Silver Shadow, Icyblue and Mint. More unique color options are also available exclusively at Samsung.com,10 including Titanium Pinkgold, Titanium Jetblack and Titanium Jadegreen for Galaxy S25 Ultra as well as Blueblack, Coralred and Pinkgold for Galaxy S25+ and Galaxy S25.
     
    All Galaxy S25 devices will come with six months of Gemini Advanced and 2TB of cloud storage at no extra cost. Gemini Advanced comes with Samsung’s most capable AI models and priority access to the newest features like Gems, custom AI experts for any topic, and Deep Research, which acts as a personal AI research assistant.
     
    For more information about Galaxy S25 series, please visit: Samsung Newsroom, Samsungmobilepress.com and Samsung.com.
     
    ▲ Mexico City Santa Fe Mall, Galaxy Experience Space
     
    ▲ Brazil Sao Paulo, Galaxy S25 launch event
     
    ▲ Germany Berlin, Galaxy Experience Space
     
     
    1 Supported languages include Arabic, Bengali, Bulgarian, Chinese (Simplified / Traditional), Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Finnish, French, German, Greek, Gujarati, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Kannada, Korean, Latvian, Lithuanian, Malayalam, Marathi, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swahili, Swedish, Tamil, Telugu, Thai, Turkish, Ukrainian, Urdu and Vietnamese.2 The official One UI 7 release will commence with the latest Galaxy S series devices. The update is expected to gradually roll out to other Galaxy devices.3 Now Brief feature requires Samsung Account login. Service availability may vary by country, language, device model, or apps. Some features may require a network connection.4 Availability of functions supported within the apps may vary by country. Some functional widgets may require a network connection and/or Samsung Account login.5 Drawing Assist feature requires a network connection and Samsung Account login. A visible watermark is overlaid on the image output upon saving in order to indicate that the image is generated by AI. The accuracy and reliability of the generated output is not guaranteed.6 Samsung Account login may be required to use certain Samsung AI features. Samsung does not make any promises, assurances or guarantees as to the accuracy, completeness or reliability of the output provided by AI features. Availability of Galaxy AI features may vary depending on the region / country, OS / One UI version, device model and phone carrier. Some function availability may vary by device model. Galaxy AI service may be limited for minors in certain regions with age restrictions over AI usage. Galaxy AI features will be provided for free until the end of 2025 on supported Samsung Galaxy devices. Different terms may apply for AI features provided by third parties.7 Gemini Extensions feature availability varies based on content. Internet connection, Android device, and set up required. Language availability varies. Results for illustrative purposes and may vary. Check responses for accuracy.8 Sequences shortened and simulated. Results for illustrative purposes only. Service availability may vary by country, language, or device model. Requires internet connection. Users may need to update Android and Google app to the latest version. Results may vary depending on visual or audio matches. Accuracy of results is not guaranteed. Works on compatible apps and surfaces, and with ambient music only. Will not identify music coming through headphones or if phone volume is off.9 ProScaler feature is supported on Galaxy S25+ and Ultra models. Image quality can be enhanced up to QHD+, depending on the screen resolution setting of the device.10 Availability of colors may vary by market and network provider.

    MIL OSI Economics

  • MIL-OSI USA: ICAC Task Force Executes Three Search Warrants in Treasure Valley this Week

    Source: US State of Idaho

    [BOISE] – Attorney General Raúl Labrador has announced investigators with his Idaho Internet Crimes Against Children (ICAC) Task Force served three residential search warrants this past week in the Treasure Valley.
    On Wednesday February 5th, 2025, Jacob Taylor (43) of Caldwell, was arrested for two (2) counts of possession of child sexual exploitation material. The Idaho State Police was the primary agency to assist the Idaho ICAC Task Force along with support from Canyon County Sheriff’s Office, Nampa Police Department, Homeland Security Investigations (HIS), and the Caldwell Police Department.
    On Thursday February 6th, 2025, the Idaho ICAC Task Force Timothy Woods (52) from Boise for (1) count of possession of child sexual exploitation material after a search warrant was served at his residence. The Idaho ICAC Task Force was assisted by the Boise Police Department.
    “Our growing network of partnerships and agencies across the state is showing that, together, we are making a difference in protecting children,” said Attorney General Labrador.  “We are holding these predators accountable for their crimes and removing them from our communities.”
    Information regarding the third search warrant served on Tuesday February 4th is forthcoming with charges still pending.
    Anyone with information regarding the exploitation of children is encouraged to contact local police, the Attorney General’s ICAC Unit at 208-947-8700, or the National Center for Missing and Exploited Children at 1-800-843-5678.
    The Attorney General’s ICAC Unit works with the Idaho ICAC Task Force, a coalition of federal, state, and local law enforcement agencies, to investigate and prosecute individuals who use the internet to criminally exploit children.
    Parents, educators, and law enforcement officials can find more information and helpful resources at the ICAC website, ICACIdaho.org.

    MIL OSI USA News

  • MIL-OSI Security: Topeka man indicted for possession of child sexual abuse materials

    Source: Office of United States Attorneys

    TOPEKA, KAN. – A federal grand jury in Topeka returned an indictment charging a Kansas man with having child sexual abuse materials.

    According to court documents, Joseph Donald Dube, 38, of Topeka was indicted on one count of possessing of child sexual abuse materials. 

    Dube is accused of knowingly accessing and possessing materials depicting minors under 12 years of age engaging in sexually explicit conduct.

    The defendant made his initial court appearance before a U.S. Magistrate Judge of the U.S. District Court for the District of Kansas. 

    The U.S. Secret Service and the Kansas Bureau of Investigation (KBI) are investigating the case.

    Assistant U.S. Attorney Steve Hunting is prosecuting the case.

    Project Safe Childhood
    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.

    An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
    ###

    MIL Security OSI

  • MIL-OSI Security: Hagerstown Man Faces Federal Indictment for Sexually Exploiting a Minor and Producing Child Sexual Abuse Material

    Source: Office of United States Attorneys

    Baltimore, Maryland – A federal grand jury indicted William Foster Alger, 75, of Hagerstown, Maryland, charging him with seven counts of sexual exploitation of a child, three counts of coercion and enticement of a child, and five counts of possession of child sexual abuse material.

    Erek L. Barron, U.S. Attorney for the District of Maryland, announced the indictment with Special Agent in Charge Michael S. McCarthy, Homeland Security Investigations (HSI); Colonel Paul Joey Kifer, Chief of Police of the Hagerstown Police Department (HPD); and Washington County State’s Attorney Gina Cirincion.

    According to the indictment, between November 2023 and December 2024, the defendant persuaded, induced, enticed, and coerced three minor females to engage in sexually explicit conduct for the purpose of producing and transmitting child sexual abuse material.  Additionally, Alger allegedly enticed the minors to engage in prohibited sexual conduct.  He also possessed child sexual abuse material in an internet-based account and on four digital devices.

    If convicted, Alger faces a mandatory minimum sentence of 15 years and up to a maximum sentence of 30 years in federal prison for each of the seven counts of sexual exploitation of a minor; a mandatory minimum sentence of 10 years and up to a maximum of life imprisonment for each of the three counts of coercion and enticement of a child; and a maximum of 20 years in federal prison for each of the four counts of possession of child sexual abuse material.

    Actual sentences for federal crimes are typically less than the maximum penalties.  A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors.

    An indictment is not a finding of guilt.  Individuals charged by indictment are presumed innocent until proven guilty at a later criminal proceeding.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse.  Led by the United States Attorney’s Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims.  For more information about Project Safe Childhood, please visit www.justice.gov/psc.   For more information about Internet safety education, click on the “Resources” tab on the left of the page.

    U.S. Attorney Barron commended HSI, HPD, and the Washington County State’s Attorney’s Office for their work in the investigation.  Mr. Barron also thanked Assistant U.S. Attorney Paul E. Budlow who is prosecuting the federal case.

    For more information on the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI

  • MIL-OSI: Lantronix Reports Results for Second Quarter of Fiscal 2025

    Source: GlobeNewswire (MIL-OSI)

    • Second Quarter Net Revenue of $31.2 Million
    • Second Quarter GAAP EPS of ($0.06)
    • Second Quarter Non-GAAP EPS of $0.04

    IRVINE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for the Internet of Things (IoT) solutions enabling Artificial Intelligence (AI) Edge Intelligence, today reported results for its second quarter of fiscal 2025.

    Net revenue totaled $31.2 million, near the midpoint of the guidance range provided for the quarter.

    GAAP EPS of ($0.06), compared to ($0.07) in the prior year and $(0.07) in the prior quarter.

    Non-GAAP EPS of $0.04, compared to $0.08 in the prior year and $0.06 in the prior quarter.

    “Lantronix has the key assets in Compute and Connect to drive Edge Intelligence, and the company remains focused on three key vertical markets: Enterprise; Smart Cities including critical infrastructure; and Transportation,” said Lantronix President and CEO Saleel Awsare. “We are actively advancing Edge AI solutions, integrating the recently acquired IoT assets from Netcomm, and positioning Lantronix for exciting future growth.”

    Business Outlook

    For the third fiscal quarter of 2025, the company expects revenue in a range of $27.0 million to $31.0 million and non-GAAP EPS of $0.01 to $0.05 per share.

    Conference Call and Webcast

    Management will host an investor conference call and audio webcast on Thursday, Feb. 6, 2025, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss its results for the second quarter of fiscal 2025 that ended Dec. 31, 2024. To access the live conference call, investors should dial 1-844-802-2442 (US) or 1-412-317-5135 (international) and indicate that they are participating in the Lantronix Q2 FY 2025 call. The webcast will be available simultaneously via the investor relations section of the company’s website.

    Investors can access a replay of the conference call starting at approximately 7:00 p.m. Pacific Time on Feb. 6, 2025, at the Lantronix website. A telephonic replay will also be available through Feb. 13, 2025, by dialing 1-877-344-7529 (US) or 1-412-317-0088 (international) or Canada toll-free at 1-855-669-9658 and entering passcode 3433776.

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    Discussion of Non-GAAP Financial Measures

    Lantronix believes that the presentation of non-GAAP financial information, when presented in conjunction with the corresponding GAAP measures, provides important supplemental information to management and investors regarding financial and business trends relating to the company’s financial condition and results of operations. Management uses the aforementioned non-GAAP measures to monitor and evaluate ongoing operating results and trends to gain an understanding of our comparative operating performance. The non-GAAP financial measures disclosed by the company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations of the non-GAAP financial measures to the financial measures calculated in accordance with GAAP should be carefully evaluated. The non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. The company has provided reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

    Non-GAAP net income consists of net loss excluding (i) share-based compensation and the employer portion of withholding taxes on stock grants, (ii) depreciation and amortization, (iii) interest income (expense), (iv) other income (expense), (v) income tax provision (benefit), (vi) restructuring, severance and related charges, (vii) acquisition related costs, (viii) impairment of long-lived assets, (ix) amortization of purchased intangibles, (x) amortization of manufacturing profit in acquired inventory, (xi) fair value remeasurement of earnout consideration, and (xii) loss on extinguishment of debt.

    Non-GAAP EPS is calculated by dividing non-GAAP net loss by non-GAAP weighted-average shares outstanding (diluted). For purposes of calculating non-GAAP EPS, the calculation of GAAP weighted-average shares outstanding (diluted) is adjusted to exclude share-based compensation, which for GAAP purposes is treated as proceeds assumed to be used to repurchase shares under the GAAP treasury stock method.

    Guidance on earnings per share growth is provided only on a non-GAAP basis due to the inherent difficulty of forecasting the timing or amount of certain items that have been excluded from the forward-looking non-GAAP measures, and a reconciliation to the comparable GAAP guidance has not been provided because certain factors that are materially significant to Lantronix’s ability to estimate the excluded items are not accessible or estimable on a forward-looking basis without unreasonable effort.

    Forward-Looking Statements

    This news release contains forward-looking statements, including statements concerning our revenue and earnings expectations for the third fiscal quarter of 2025, the market opportunities offered by the current shift towards edge computing and our positioning to capitalize on this trend, and our expectations regarding the benefits of our acquisition of Netcomm Wireless Pty Ltd. and our cost reduction initiatives. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. We have based our forward-looking statements on our current expectations and projections about trends affecting our business and industry and other future events. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. Forward-looking statements are subject to substantial risks and uncertainties that could cause our results or experiences, or future business, financial condition, results of operations or performance, to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. Other factors which could have a material adverse effect on our operations and future prospects or which could cause actual results to differ materially from our expectations include, but are not limited to: the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to a pandemic or similar outbreak, wars and recent conflicts in Europe, Asia and the Middle East, hostilities in the Red Sea, or other causes; our ability to successfully convert our backlog and current demand;  the impact of a pandemic or similar outbreak on our business, employees, customers, supply and distribution chains and the global economy; our ability to successfully implement our acquisition strategy or integrate acquired companies; uncertainty as to the future profitability of acquired businesses, and delays in the realization of, or the failure to realize, any accretion from acquisition transactions; acquiring, managing and integrating new operations, businesses or assets, and the associated diversion of management attention or other related costs or difficulties; our ability to continue to generate revenue from products sold into mature markets; our ability to develop, market, and sell new products; our ability to succeed with our new software offerings; our use of AI may result in reputational, competitive or financial harm and liability; fluctuations in our revenue due to the project-based timing of orders from certain customers; unpredictable timing of our revenues due to the lengthy sales cycle for our products and services and potential delays in customer completion of projects; our ability to accurately forecast future demand for our products; delays in qualifying revisions of existing products; constraints or delays in the supply of, or quality control issues with, certain materials or components; difficulties associated with the delivery, quality or cost of our products from our contract manufacturers or suppliers; risks related to the outsourcing of manufacturing and international operations; difficulties associated with our distributors or resellers; intense competition in our industry and resultant downward price pressure; rises in inventory levels and inventory obsolescence; undetected software or hardware errors or defects in our products; cybersecurity risks; our ability to obtain appropriate industry certifications or approvals from governmental regulatory bodies; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to protect patents and other proprietary rights and avoid infringement of others’ proprietary technology rights; issues relating to the stability of our financial and banking institutions and relationships; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; the impact of rising interest rates; our ability to attract and retain qualified management; and any additional factors included in our Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report; in our Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024, to be filed with the SEC on Feb. 7, 2025, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; and in our other public filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    © 2025 Lantronix Inc. All rights reserved. Lantronix is a registered trademark.

    Lantronix Investor Relations Contact:
    investors@lantronix.com

    LANTRONIX, INC.
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
     (In thousands)
           
      December 31,
      June 30,
        2024       2024  
    Assets      
    Current assets:      
    Cash and cash equivalents $ 19,210     $ 26,237  
    Accounts receivable, net   30,472       31,279  
    Inventories, net   29,070       27,698  
    Contract manufacturers’ receivables   3,473       1,401  
    Prepaid expenses and other current assets   3,329       2,335  
    Total current assets   85,554       88,950  
    Property and equipment, net   3,155       4,016  
    Goodwill   30,491       27,824  
    Intangible assets, net   4,910       5,251  
    Lease right-of-use assets   9,430       9,567  
    Other assets   683       600  
    Total assets $ 134,223     $ 136,208  
           
    Liabilities and stockholders’ equity      
    Current liabilities:      
    Accounts payable $ 15,975     $ 10,347  
    Accrued payroll and related expenses   2,968       5,836  
    Current portion of long-term debt, net   3,056       3,002  
    Other current liabilities   11,436       10,971  
    Total current liabilities   33,435       30,156  
    Long-term debt, net   11,630       13,219  
    Other non-current liabilities   11,245       11,478  
    Total liabilities   56,310       54,853  
           
    Commitments and contingencies      
           
    Stockholders’ equity:      
    Common stock   4       4  
    Additional paid-in capital   305,433       304,001  
    Accumulated deficit   (227,895 )     (223,021 )
    Accumulated other comprehensive income   371       371  
    Total stockholders’ equity   77,913       81,355  
    Total liabilities and stockholders’ equity $ 134,223     $ 136,208  
           
    LANTRONIX, INC.
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (In thousands, except per share data)
                       
                       
      Three Months Ended   Six Months Ended
      December 31,   September 30,   December 31,   December 31,
        2024       2024       2023       2024       2023  
    Net revenue $ 31,161     $ 34,423     $ 37,038     $ 65,584     $ 70,069  
    Cost of revenue   17,877       19,948       22,007       37,825       40,941  
    Gross profit   13,284       14,475       15,031       27,759       29,128  
    Operating expenses:                  
    Selling, general and administrative   8,811       9,467       10,224       18,278       19,394  
    Research and development   4,984       4,956       4,725       9,940       9,831  
    Restructuring, severance and related charges   193       900       530       1,093       550  
    Acquisition-related costs   208       29             237        
    Fair value remeasurement of earnout consideration                           (9 )
    Amortization of intangible assets   1,248       1,251       1,310       2,499       2,694  
    Total operating expenses   15,444       16,603       16,789       32,047       32,460  
    Loss from operations   (2,160 )     (2,128 )     (1,758 )     (4,288 )     (3,332 )
    Interest expense, net   (126 )     (119 )     (232 )     (245 )     (570 )
    Other income (loss), net   8       (37 )     (23 )     (29 )     (4 )
    Loss before income taxes   (2,278 )     (2,284 )     (2,013 )     (4,562 )     (3,906 )
    Provision for income taxes   94       218       580       312       573  
    Net loss $ (2,372 )   $ (2,502 )   $ (2,593 )   $ (4,874 )   $ (4,479 )
    Net loss per share – basic and diluted $ (0.06 )   $ (0.07 )   $ (0.07 )   $ (0.13 )   $ (0.12 )
    Weighted-average common shares – basic and diluted   38,631       38,024       37,354       38,330       37,170  
                       
    LANTRONIX, INC.
    UNAUDITED RECONCILIATION OF NON-GAAP ADJUSTMENTS
    (In thousands, except per share data)
                       
      Three Months Ended   Six Months Ended
      December 31,   September 30,   December 31,   December 31,
        2024       2024       2023       2024       2023  
                       
    GAAP net loss $ (2,372 )   $ (2,502 )   $ (2,593 )   $ (4,874 )   $ (4,479 )
    Non-GAAP adjustments:                  
    Cost of revenue:                  
    Share-based compensation   48       64       64       112       105  
    Employer portion of withholding taxes on stock grants   2       5       1       7       5  
    Amortization of manufacturing profit in acquired inventory               189             506  
    Depreciation and amortization   114       123       109       237       195  
    Total adjustments to cost of revenue   164       192       363       356       811  
    Selling, general and administrative:                  
    Share-based compensation   1,044       1,126       1,628       2,170       2,901  
    Employer portion of withholding taxes on stock grants   20       78       10       98       47  
    Depreciation and amortization   348       351       338       699       672  
    Total adjustments to selling, general and administrative   1,412       1,555       1,976       2,967       3,620  
    Research and development:                  
    Share-based compensation   421       410       484       831       912  
    Employer portion of withholding taxes on stock grants   2       19       5       21       18  
    Depreciation and amortization   111       69       52       180       160  
    Total adjustments to research and development   534       498       541       1,032       1,090  
    Restructuring, severance and related charges   193       900       530       1,093       550  
    Acquisition related costs   208       29             237        
    Fair value remeasurement of earnout consideration                           (9 )
    Amortization of purchased intangible assets   1,248       1,251       1,310       2,499       2,694  
    Litigation settlement cost   158       40             198        
    Total non-GAAP adjustments to operating expenses   3,753       4,273       4,357       8,026       7,945  
    Interest expense, net   126       119       232       245       570  
    Other (income) expense, net   (8 )     37       23       29       4  
    Provision for income taxes   94       218       580       312       573  
    Total non-GAAP adjustments   4,129       4,839       5,555       8,968       9,903  
    Non-GAAP net income $ 1,757     $ 2,337     $ 2,962     $ 4,094     $ 5,424  
                       
                       
    Non-GAAP net income per share – diluted $ 0.04     $ 0.06     $ 0.08     $ 0.10     $ 0.14  
                       
    Denominator for GAAP net income (loss) per share – diluted   38,631       38,024       37,354       38,330       37,170  
    Non-GAAP adjustment   953       1,257       1,228       901       938  
    Denominator for non-GAAP net income per share – diluted   39,584       39,281       38,582       39,231       38,108  
                       
    GAAP cost of revenue $ 17,877     $ 19,948     $ 22,007     $ 37,825     $ 40,941  
    Non-GAAP adjustments to cost of revenue   (164 )     (192 )     (363 )     (356 )     (811 )
    Non-GAAP cost of revenue   17,713       19,756       21,644       37,469       40,130  
    Non-GAAP gross profit $ 13,448     $ 14,667     $ 15,394     $ 28,115     $ 29,939  
    Non-GAAP gross margin   43.2 %     42.6 %     41.6 %     42.9 %     42.7 %
                       
    LANTRONIX, INC.
    UNAUDITED NET REVENUES BY PRODUCT LINE AND REGION
    (In thousands)
                       
      Three Months Ended   Six Months Ended
      December 31, 2024   September 30, 2024   December 31, 2023   December 31, 2024   December 31, 2023
    Embedded IoT Solutions $ 10,784     $ 13,387     $ 11,764     $ 24,171     $ 23,137  
    IoT System Solutions   18,592       18,759       23,022       37,351       42,058  
    Software & Services   1,785       2,277       2,252       4,062       4,874  
      $ 31,161     $ 34,423     $ 37,038     $ 65,584     $ 70,069  
                       
                       
      Three Months Ended   Six Months Ended
      December 31, 2024   September 30, 2024   December 31, 2023   December 31, 2024   December 31, 2023
    Americas $ 16,386     $ 17,420     $ 20,601     $ 33,806     $ 43,534  
    EMEA   9,036       10,484       12,886       19,520       19,477  
    Asia Pacific Japan   5,739       6,519       3,551       12,258       7,058  
      $ 31,161     $ 34,423     $ 37,038     $ 65,584     $ 70,069  
                       

    The MIL Network

  • MIL-OSI: Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    • Net sales of $1.026 billion, down 11.8% sequentially and down 41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 was net sales of $1.025 billion.
    • On a GAAP basis: gross profit of 54.7%; operating income of $30.9 million and 3.0% of net sales; net loss of $53.6 million; and loss of $0.10 per diluted share. Our guidance provided on November 5, 2024 was for GAAP earnings (loss) per share of $(0.04) to $0.03 per diluted share.
    • On a Non-GAAP basis: gross profit of 55.4%; operating income of $210.7 million and 20.5% of net sales; net income of $107.3 million; and EPS of $0.20 per diluted share. Our updated guidance provided on December 2, 2024 was for Non-GAAP EPS of $0.25 per diluted share.
    • Returned approximately $244.6 million to stockholders in the December quarter through dividends.
    • Quarterly dividend declared today for the March quarter of 45.5 cents per share, an increase of 1.1% from the year ago quarter.

    CHANDLER, Ariz., Feb. 06, 2025 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today reported results for the three months ended December 31, 2024, as summarized in the table below.

      Three Months Ended December 31, 2024(1)
    Net sales $1,026.0      
      GAAP % Non-GAAP(2) %
    Gross profit $561.4 54.7% $568.8 55.4%
    Operating income $30.9 3.0% $210.7 20.5%
    Other expense $(77.0)   $(76.7)  
    Income tax provision $7.5   $26.7  
    Net (loss) income $(53.6) (5.2)% $107.3 10.5%
    Net (loss) income per diluted share $(0.10)   $0.20  

    (1) In millions, except per share amounts and percentages of net sales.
    (2) See the “Use of Non-GAAP Financial Measures” section of this release.

    Net sales for the third quarter of fiscal 2025 were $1.026 billion, down 41.9% from net sales of $1.766 billion in the prior year’s third fiscal quarter.

    GAAP net loss for the third quarter of fiscal 2025 was $53.6 million, or $0.10 per diluted share, down from GAAP net income of $419.2 million, or $0.77 per diluted share, in the prior year’s third fiscal quarter. For the third quarters of fiscal 2025 and fiscal 2024, GAAP results were adversely impacted by amortization of acquired intangible assets associated with our previous acquisitions.

    Non-GAAP net income for the third quarter of fiscal 2025 was $107.3 million, or $0.20 per diluted share, down from non-GAAP net income of $592.7 million, or $1.08 per diluted share, in the prior year’s third fiscal quarter. For the third quarters of fiscal 2025 and fiscal 2024, our non-GAAP results exclude the effect of share-based compensation, expenses related to our acquisition activities (including intangible asset amortization, severance, and other restructuring costs, and legal and other general and administrative expenses associated with acquisitions including legal fees and expenses for litigation and investigations related to our Microsemi acquisition), professional services associated with certain legal matters, and losses on the settlement of debt. For the third quarters of fiscal 2025 and fiscal 2024, our non-GAAP income tax expense is presented based on projected cash taxes for the applicable fiscal year, excluding transition tax payments under the Tax Cuts and Jobs Act. A reconciliation of our non-GAAP and GAAP results is included in this press release.

    Microchip announced today that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share, up 1.1% from the year ago quarter. The quarterly dividend is payable on March 7, 2025 to stockholders of record on February 24, 2025.

    “Our December quarter performance reflects the need for the decisive steps we are taking to realign our business, as revenue declined to $1.026 billion and inventory levels reached 266 days,” said Steve Sanghi, Microchip’s CEO and President. “Since returning as CEO in November, we have already initiated several key actions, including restructuring our manufacturing footprint, adjusting our channel strategy and intensifying our customer engagement. Our initial assessment indicates clear areas for operational enhancement, and we are taking a methodical yet urgent approach to evaluating all aspects of our business and implementing necessary changes to strengthen our competitive position.”

    Eric Bjornholt, Microchip’s Chief Financial Officer, said, “We are executing on multiple operational initiatives to enhance our financial performance. Our focus remains on returning to premium profitability levels that have historically differentiated Microchip, supported by our diversified business model. While navigating the current cycle, we continue to focus on inventory management while maintaining our commitment to shareholder returns.”

    Rich Simoncic, Microchip’s Chief Operating Officer, said, “Our comprehensive technology platform is driving innovation across critical markets, with our new RISC-V processors and expanded connectivity solutions demonstrating strong momentum in industrial, automotive, and aerospace applications. By delivering advanced AI capabilities, enhanced networking, and robust security technologies, we believe we are well-positioned to meet the evolving needs of our customers in increasingly complex technological environments.”

    Mr. Sanghi concluded, “While we have seen substantial inventory destocking at our customers and channel partners, we believe the correction cycle is still not completed. Our March quarter bookings are running at a higher rate than December, though overall levels remain low. With net sales guidance of $920.0 million to $1.000 billion for our March quarter, we maintain a cautious but focused approach and look forward to providing a comprehensive update during our business update call on March 3, 2025.”

    Fourth Quarter Fiscal Year 2025 Outlook:

    The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially.

      Microchip Consolidated Guidance
    Net Sales $920.0 million to $1.000 billion    
      GAAP(5) Non-GAAP Adjustments(1) Non-GAAP(1)
    Gross Profit 51.2% to 53.1% $7.8 to $8.8 million 52.0% to 54.0%
    Operating Expenses(2) 56.1% to 60.0% $179.7 to $183.7 million 37.7% to 40.5%
    Operating Income (loss) (8.9)% to (2.9)% $187.5 to $192.5 million 11.5% to 16.3%
    Other Expense, net $69.7 to $71.3 million $(0.2) to $0.2 million $69.5 to $71.5 million
    Income Tax (Benefit) Provision $(24.5) to $(19.8) million(3) $29.5 to $33.4 million $5.0 to $13.6 million(4)
    Net Income (loss) $(128.5) to $(79.4) million $157.8 to $159.3 million $29.3 to $79.9 million
    Diluted Common Shares Outstanding Approximately 538.4 million shares   Approximately 541.5 to 542.5 million shares
    Earnings (loss) per Diluted Share $(0.24) to $(0.14) $0.29 $0.05 to $0.15

    (1) See the “Use of Non-GAAP Financial Measures” section of this release for information regarding our non-GAAP guidance.
    (2) We are not able to estimate the amount of certain Special Charges and Other, net that may be incurred during the quarter ending March 31, 2025. Therefore, our estimate of GAAP operating expenses excludes certain amounts that may be recognized as Special Charges and Other, net in the quarter ending March 31, 2025.
    (3) The forecast for GAAP tax expense excludes any unexpected tax events that may occur during the quarter, as these amounts cannot be forecasted.
    (4) Represents the expected cash tax rate for fiscal 2025, excluding any transition tax payments associated with the Tax Cuts and Jobs Act.
    (5) Our GAAP guidance excludes the impact of any potential charges related to our ongoing evaluation of restructuring activities.

    Capital expenditures for the quarter ending March 31, 2025 are expected to be about $23 million. Capital expenditures for all of fiscal 2025 are expected to be about $135 million. Consistent with the slowing macroeconomic environment in fiscal 2025, we have paused most of our factory expansion actions and reduced our planned capital investments through fiscal 2026. However, we are adding capital equipment to selectively expand our production capacity and add research and development equipment.

    Under the GAAP revenue recognition standard, we are required to recognize revenue when control of the product changes from us to a customer or distributor. We focus our sales and marketing efforts on creating demand for our products in the end markets we serve and not on moving inventory into our distribution network. We also manage our manufacturing and supply chain operations, including our distributor relationships, towards the goal of having our products available at the time and location the end customer desires.

    Use of Non-GAAP Financial Measures: Our non-GAAP adjustments, where applicable, include the effect of share-based compensation, expenses related to our acquisition activities (including intangible asset amortization, severance, and other restructuring costs, and legal and other general and administrative expenses associated with acquisitions including legal fees and expenses for litigation and investigations related to our Microsemi acquisition), professional services associated with certain legal matters, and losses on the settlement of debt. For the third quarters of fiscal 2025 and fiscal 2024, our non-GAAP income tax expense is presented based on projected cash taxes for the fiscal year, excluding transition tax payments under the Tax Cuts and Jobs Act.

    We are required to estimate the cost of certain forms of share-based compensation, including employee stock options, restricted stock units, and our employee stock purchase plan, and to record a commensurate expense in our income statement. Share-based compensation expense is a non-cash expense that varies in amount from period to period and is affected by the price of our stock at the date of grant. The price of our stock is affected by market forces that are difficult to predict and are not within the control of management. Our other non-GAAP adjustments are either non-cash expenses, unusual or infrequent items, or other expenses related to transactions. Management excludes all of these items from its internal operating forecasts and models.

    We are using non-GAAP operating expenses in dollars, including non-GAAP research and development expenses and non-GAAP selling, general and administrative expenses, non-GAAP other expense, net, and non-GAAP income tax rate, which exclude the items noted above, as applicable, to permit additional analysis of our performance.

    Management believes these non-GAAP measures are useful to investors because they enhance the understanding of our historical financial performance and comparability between periods. Many of our investors have requested that we disclose this non-GAAP information because they believe it is useful in understanding our performance as it excludes non-cash and other charges that many investors feel may obscure our underlying operating results. Management uses non-GAAP measures to manage and assess the profitability of our business and for compensation purposes. We also use our non-GAAP results when developing and monitoring our budgets and spending. Our determination of these non-GAAP measures might not be the same as similarly titled measures used by other companies, and it should not be construed as a substitute for amounts determined in accordance with GAAP. There are limitations associated with using these non-GAAP measures, including that they exclude financial information that some may consider important in evaluating our performance. Management compensates for this by presenting information on both a GAAP and non-GAAP basis for investors and providing reconciliations of the GAAP and non-GAAP results.

    Generally, gross profit fluctuates over time, driven primarily by the mix of products sold and licensing revenue; variances in manufacturing yields; fixed cost absorption; wafer fab loading levels; costs of wafers from foundries; inventory reserves; pricing pressures in our non-proprietary product lines; and competitive and economic conditions. Operating expenses fluctuate over time, primarily due to net sales and profit levels.

    Diluted Common Shares Outstanding can vary for, among other things, the trading price of our common stock, the exercise of options or vesting of restricted stock units, the potential for incremental dilutive shares from our convertible debentures (additional information regarding our share count is available in the investor relations section of our website under the heading “Supplemental Information”), and repurchases or issuances of shares of our common stock. The diluted common shares outstanding presented in the guidance table above assumes an average Microchip stock price in the March 2025 quarter between $55 and $65 per share (however, we make no prediction as to what our actual share price will be for such period or any other period and we cannot estimate what our stock option exercise activity will be during the quarter).

     
    MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (in millions, except per share amounts; unaudited)
     
      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Net sales $ 1,026.0     $ 1,765.7     $ 3,431.1     $ 6,308.6  
    Cost of sales   464.6       645.7       1,464.3       2,102.8  
    Gross profit   561.4       1,120.0       1,966.8       4,205.8  
                   
    Research and development   246.2       266.0       728.6       857.1  
    Selling, general and administrative   158.2       172.2       465.7       572.4  
    Amortization of acquired intangible assets   122.6       151.3       368.3       454.2  
    Special charges and other, net   3.5       1.1       7.6       4.6  
    Operating expenses   530.5       590.6       1,570.2       1,888.3  
                   
    Operating income   30.9       529.4       396.6       2,317.5  
                   
    Other expense, net   (77.0 )     (45.1 )     (189.4 )     (151.3 )
    (Loss) income before income taxes   (46.1 )     484.3       207.2       2,166.2  
    Income tax provision   7.5       65.1       53.1       414.0  
    Net (loss) income $ (53.6 )   $ 419.2     $ 154.1     $ 1,752.2  
                   
    Basic net (loss) income per common share $ (0.10 )   $ 0.78     $ 0.29     $ 3.23  
    Diluted net (loss) income per common share $ (0.10 )   $ 0.77     $ 0.28     $ 3.19  
                   
    Basic common shares outstanding   537.4       540.8       536.9       543.0  
    Diluted common shares outstanding   537.4       546.5       542.1       549.0  
     
    MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (in millions; unaudited)
     
    ASSETS
      December 31,   March 31,
        2024       2024  
    Cash and short-term investments $ 586.0     $ 319.7  
    Accounts receivable, net   857.2       1,143.7  
    Inventories   1,356.3       1,316.0  
    Other current assets   196.3       233.6  
    Total current assets   2,995.8       3,013.0  
           
    Property, plant and equipment, net   1,152.1       1,194.6  
    Other assets   11,484.3       11,665.6  
    Total assets $ 15,632.2     $ 15,873.2  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY
           
    Accounts payable and accrued liabilities $ 1,330.3     $ 1,520.0  
    Current portion of long-term debt         999.4  
    Total current liabilities   1,330.3       2,519.4  
           
    Long-term debt   6,749.5       5,000.4  
    Long-term income tax payable   598.7       649.2  
    Long-term deferred tax liability   22.9       28.8  
    Other long-term liabilities   899.3       1,017.6  
           
    Stockholders’ equity   6,031.5       6,657.8  
    Total liabilities and stockholders’ equity $ 15,632.2     $ 15,873.2  


    MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES

    RECONCILIATION OF GAAP TO NON-GAAP MEASURES
    (in millions, except per share amounts and percentages; unaudited)

    RECONCILIATION OF GAAP GROSS PROFIT TO NON-GAAP GROSS PROFIT

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Gross profit, as reported $ 561.4     $ 1,120.0     $ 1,966.8     $ 4,205.8  
    Share-based compensation expense   7.4       6.0       18.3       20.2  
    Cybersecurity incident expenses               20.1        
    Non-GAAP gross profit $ 568.8     $ 1,126.0     $ 2,005.2     $ 4,226.0  
    GAAP gross profit percentage   54.7 %     63.4 %     57.3 %     66.7 %
    Non-GAAP gross profit percentage   55.4 %     63.8 %     58.4 %     67.0 %

    RECONCILIATION OF GAAP RESEARCH AND DEVELOPMENT EXPENSES TO NON-GAAP RESEARCH AND DEVELOPMENT EXPENSES

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Research and development expenses, as reported $ 246.2     $ 266.0     $ 728.6     $ 857.1  
    Share-based compensation expense   (28.8 )     (24.4 )     (79.0 )     (71.0 )
    Other adjustments         (0.1 )           (0.5 )
    Non-GAAP research and development expenses $ 217.4     $ 241.5     $ 649.6     $ 785.6  
    GAAP research and development expenses as a percentage of net sales   24.0 %     15.1 %     21.2 %     13.6 %
    Non-GAAP research and development expenses as a percentage of net sales   21.2 %     13.7 %     18.9 %     12.5 %

    RECONCILIATION OF GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Selling, general and administrative expenses, as reported $ 158.2     $ 172.2     $ 465.7     $ 572.4  
    Share-based compensation expense   (13.2 )     (14.4 )     (42.4 )     (43.5 )
    Cybersecurity incident expenses               (1.3 )      
    Other adjustments   (3.9 )     (1.0 )     (7.3 )     (0.5 )
    Professional services associated with certain legal matters   (0.4 )     (0.4 )     (1.1 )     (1.2 )
    Non-GAAP selling, general and administrative expenses $ 140.7     $ 156.4     $ 413.6     $ 527.2  
    GAAP selling, general and administrative expenses as a percentage of net sales   15.4 %     9.8 %     13.6 %     9.1 %
    Non-GAAP selling, general and administrative expenses as a percentage of net sales   13.7 %     8.9 %     12.1 %     8.4 %

    RECONCILIATION OF GAAP OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Operating expenses, as reported $ 530.5     $ 590.6     $ 1,570.2     $ 1,888.3  
    Share-based compensation expense   (42.0 )     (38.8 )     (121.4 )     (114.5 )
    Cybersecurity incident expenses               (1.3 )      
    Other adjustments   (3.9 )     (1.1 )     (7.3 )     (1.0 )
    Professional services associated with certain legal matters   (0.4 )     (0.4 )     (1.1 )     (1.2 )
    Amortization of acquired intangible assets (1)   (122.6 )     (151.3 )     (368.3 )     (454.2 )
    Special charges and other, net   (3.5 )     (1.1 )     (7.6 )     (4.6 )
    Non-GAAP operating expenses $ 358.1     $ 397.9     $ 1,063.2     $ 1,312.8  
    GAAP operating expenses as a percentage of net sales   51.7 %     33.4 %     45.8 %     29.9 %
    Non-GAAP operating expenses as a percentage of net sales   34.9 %     22.5 %     31.0 %     20.8 %

    (1) Amortization of acquired intangible assets consists of core and developed technology and customer-related acquired intangible assets in connection with business combinations. Such charges are excluded for purposes of calculating certain non-GAAP measures.

    RECONCILIATION OF GAAP OPERATING INCOME TO NON-GAAP OPERATING INCOME

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Operating income, as reported $ 30.9     $ 529.4     $ 396.6     $ 2,317.5  
    Share-based compensation expense   49.4       44.8       139.7       134.7  
    Cybersecurity incident expenses               21.4        
    Other adjustments   3.9       1.1       7.3       1.0  
    Professional services associated with certain legal matters   0.4       0.4       1.1       1.2  
    Amortization of acquired intangible assets (1)   122.6       151.3       368.3       454.2  
    Special charges and other, net   3.5       1.1       7.6       4.6  
    Non-GAAP operating income $ 210.7     $ 728.1     $ 942.0     $ 2,913.2  
    GAAP operating income as a percentage of net sales   3.0 %     30.0 %     11.6 %     36.7 %
    Non-GAAP operating income as a percentage of net sales   20.5 %     41.2 %     27.5 %     46.2 %

    (1) Amortization of acquired intangible assets consists of core and developed technology and customer-related acquired intangible assets in connection with business combinations. Such charges are excluded for purposes of calculating certain non-GAAP measures. The use of acquired intangible assets contributed to our revenues earned during the periods presented.

    RECONCILIATION OF GAAP OTHER EXPENSE, NET TO NON-GAAP OTHER EXPENSE, NET

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Other expense, net, as reported $ (77.0 )   $ (45.1 )   $ (189.4 )   $ (151.3 )
    Loss on settlement of debt   0.3             0.3       12.2  
    Loss on available-for-sale investments               1.8        
    Non-GAAP other expense, net $ (76.7 )   $ (45.1 )   $ (187.3 )   $ (139.1 )
    GAAP other expense, net, as a percentage of net sales (7.5 )%   (2.6 )%   (5.5 )%   (2.4 )%
    Non-GAAP other expense, net, as a percentage of net sales (7.5 )%   (2.6 )%   (5.5 )%   (2.2 )%

    RECONCILIATION OF GAAP INCOME TAX PROVISION TO NON-GAAP INCOME TAX PROVISION

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Income tax provision as reported $ 7.5     $ 65.1     $ 53.1     $ 414.0  
    Income tax rate, as reported (16.3 )%     13.4 %     25.6 %     19.1 %
    Other non-GAAP tax adjustment   19.2       25.2       54.2       (27.2 )
    Non-GAAP income tax provision $ 26.7     $ 90.3     $ 107.3     $ 386.8  
    Non-GAAP income tax rate   19.9 %     13.2 %     14.2 %     13.9 %

    RECONCILIATION OF GAAP NET (LOSS) INCOME AND GAAP DILUTED NET (LOSS) INCOME PER COMMON SHARE TO NON-GAAP NET INCOME AND NON-GAAP DILUTED NET INCOME PER COMMON SHARE

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    Net (loss) income, as reported $ (53.6 )   $ 419.2     $ 154.1     $ 1,752.2  
    Share-based compensation expense   49.4       44.8       139.7       134.7  
    Cybersecurity incident expenses               21.4        
    Other adjustments   3.9       1.1       7.3       1.0  
    Professional services associated with certain legal matters   0.4       0.4       1.1       1.2  
    Amortization of acquired intangible assets   122.6       151.3       368.3       454.2  
    Special charges and other, net   3.5       1.1       7.6       4.6  
    Loss on settlement of debt   0.3             0.3       12.2  
    Loss on available-for-sale investments               1.8        
    Other non-GAAP tax adjustment   (19.2 )     (25.2 )     (54.2 )     27.2  
    Non-GAAP net income $ 107.3     $ 592.7     $ 647.4     $ 2,387.3  
    GAAP net (loss) income as a percentage of net sales (5.2 )%     23.7 %     4.5 %     27.8 %
    Non-GAAP net income as a percentage of net sales   10.5 %     33.6 %     18.9 %     37.8 %
    Diluted net (loss) income per common share, as reported $ (0.10 )   $ 0.77     $ 0.28     $ 3.19  
    Non-GAAP diluted net income per common share $ 0.20     $ 1.08     $ 1.19     $ 4.35  
    Diluted common shares outstanding, as reported   537.4       546.5       542.1       549.0  
    Diluted common shares outstanding non-GAAP   541.6       546.5       542.1       549.0  

    RECONCILIATION OF GAAP CASH FLOW FROM OPERATIONS TO FREE CASH FLOW

      Three Months Ended December 31,   Nine Months Ended December 31,
        2024       2023       2024       2023  
    GAAP cash flow from operations, as reported $ 271.5     $ 853.3     $ 692.2     $ 2,462.7  
    Capital expenditures   (18.1 )     (59.5 )     (111.8 )     (245.0 )
    Free cash flow $ 253.4     $ 793.8     $ 580.4     $ 2,217.7  
    GAAP cash flow from operations as a percentage of net sales   26.5 %     48.3 %     20.2 %     39.0 %
    Free cash flow as a percentage of net sales   24.7 %     45.0 %     16.9 %     35.2 %

    Microchip will host a conference call today, February 6, 2025 at 5:00 p.m. (Eastern Time) to discuss this release. This call will be simulcast over the Internet at www.microchip.com. The webcast will be available for replay until February 27, 2025.

    A telephonic replay of the conference call will be available at approximately 8:00 p.m. (Eastern Time) on February 6, 2025 and will remain available until 5:00 p.m. (Eastern Time) on February 27, 2025. Interested parties may listen to the replay by dialing 201-612-7415/877-660-6853 and entering access code 13750989.

    Cautionary Statement:
    The statements in this release relating to the decisive steps we are taking to realign our business, restructuring our manufacturing footprint, adjusting our channel strategy and intensifying our customer engagement, clear areas for operational enhancements, taking a methodical yet urgent approach to evaluating all aspects of our business and implementing necessary changes to strengthen our competitive position, executing on multiple operational initiatives to enhance our financial performance, that our focus remains on returning to premium profitability levels that have historically differentiated Microchip, supported by our diversified business model, that we continue to focus on inventory management while maintaining our commitment to shareholder returns, that our comprehensive technology platform is driving innovation across critical markets, with our new RISC-V processors and expanded connectivity solutions demonstrating strong momentum in industrial, automotive, and aerospace applications, that we believe we are well-positioned to meet the evolving needs of our customers in increasingly complex technological environments, that we believe the correction cycle is still not completed, our net sales guidance of $920.0 million to $1.000 billion for our March 2025 quarter, that we maintain a cautious but focused approach, our fourth quarter fiscal 2025 guidance for net sales and GAAP and non-GAAP gross profit, operating expenses, operating income (loss), other expense, net, income tax (benefit) provision, net income (loss), diluted common shares outstanding, earnings (loss) per diluted share, capital expenditures for the March 2025 quarter and for all of fiscal 2025, adding capital equipment to selectively expand our production capacity and add research and development equipment, our belief that non-GAAP measures are useful to investors and our assumed average stock price in the March 2025 quarter are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to: any continued uncertainty, fluctuations or weakness in the U.S. and world economies (including China and Europe) due to changes in interest rates or high inflation, actions taken or which may be taken by the Trump administration or the new U.S. Congress, monetary policy, political, geopolitical, trade or other issues in the U.S. or internationally (including the military conflicts in Ukraine-Russia and the Middle East), further changes in demand or market acceptance of our products and the products of our customers and our ability to respond to any increases or decreases in market demand or customer

    requests to reschedule or cancel orders; the mix of inventory we hold, our ability to satisfy any short-term orders from our inventory and our ability to effectively manage our inventory levels; foreign currency effects on our business; changes in utilization of our manufacturing capacity and our ability to effectively manage our production levels to meet any increases or decreases in market demand or any customer requests to reschedule or cancel orders; the impact of inflation on our business; competitive developments including pricing pressures; the level of orders that are received and can be shipped in a quarter; our ability to realize the expected benefits of our long-term supply assurance program; changes or fluctuations in customer order patterns and seasonality; our ability to effectively manage our supply of wafers from third party wafer foundries to meet any decreases or increases in our needs and the cost of such wafers, our ability to obtain additional capacity from our suppliers to increase production to meet any future increases in market demand; our ability to successfully integrate the operations and employees, retain key employees and customers and otherwise realize the expected synergies and benefits of our acquisitions; the impact of any future significant acquisitions or strategic transactions we may make; the costs and outcome of any current or future litigation or other matters involving our acquisitions (including the acquired business, intellectual property, customers, or other issues); the costs and outcome of any current or future tax audit or investigation regarding our business or our acquired businesses; the impact that the CHIPS Act will have on increasing manufacturing capacity in our industry by providing incentives for us, our competitors and foundries to build new wafer manufacturing facilities or expand existing facilities; the amount and timing of any incentives we may receive under the CHIPS Act, the impact of current and future changes in U.S. corporate tax laws (including the Inflation Reduction Act of 2022 and the Tax Cuts and Jobs Act of 2017); fluctuations in our stock price and trading volume which could impact the number of shares we acquire under our share repurchase program and the timing of such repurchases; disruptions in our business or the businesses of our customers or suppliers due to natural disasters (including any floods in Thailand), terrorist activity, armed conflict, war, worldwide oil prices and supply, public health concerns or disruptions in the transportation system; and general economic, industry or political conditions in the United States or internationally.

    For a detailed discussion of these and other risk factors, please refer to Microchip’s filings on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip’s website (www.microchip.com) or the SEC’s website (www.sec.gov) or from commercial document retrieval services.

    Stockholders of Microchip are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Microchip does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this February 6, 2025 press release, or to reflect the occurrence of unanticipated events.

    About Microchip:

    Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. Our solutions serve approximately 112,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

    Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

    INVESTOR RELATIONS CONTACT:

    Sajid Daudi — Head of investor Relations….. (480) 792-7385

    The MIL Network

  • MIL-OSI Security: Missouri Man Guilty of Traveling to Louisiana for Illicit Sexual Conduct with 12-Year-Old Girl

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

    NEW ORLEANS –  U.S. Attorney Duane A. Evans announced that ERIC CHARLES FULLER (“FULLER”), age 54, from Springfield, Missouri, pled guilty on February 4, 2025, before United States District Judge Greg Gerard Guidry, to interstate travel with intent to engage in illicit sexual conduct, in violation of Title 18, United States Code, Section 2423(b).

    According to court documents, on or about December 7, 2023, law enforcement personnel, operating undercover online and pretending to be a twenty-nine-year-old mother with a twelve-year-old daughter, met FULLER on a social network and messaging application. Over approximately the next month, on numerous occasions, FULLER discussed his interest in engaging in various sexual acts with the “mother” and daughter.”  These discussions culminated in FULLER making arrangements to travel from his residence in Springfield, Missouri, to the New Orleans, Louisiana area to engage in sexual contact, individually and collectively, with the ”mother” and “daughter.” During his conversations, FULLER described the contact he anticipated as “highly taboo,” “highly illegal,” “risky,” “not the worst way to be,” and “a way to have a happier life.” FULLER drove from Springfield, Missouri on about January 11, 2024, and arrived at a predetermined location in Mandeville, Louisiana, on January 12, 2024, in order to engage in sexual conduct with the individual FULLER believed to be a twelve-year-old female.

    FULLER faces a maximum term of imprisonment of  thirty (30) years.  FULLER also faces at least five (5) years, and up to a lifetime of supervised release, up to a $250,000 fine and a $100 mandatory special assessment fee.  FULLER may also be required to register as a sex offender.  Sentencing before Judge Guidry has been scheduled for May 13, 2025.

    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 www.projectsafechildhood.gov.

    U.S. Attorney Evans praised the work of the Federal Bureau of Investigation in investigating this matter.  Assistant United States Attorney Jordan Ginsberg, Chief of the Public Integrity Unit, is in charge of the prosecution.

    MIL Security OSI

  • MIL-OSI United Nations: Experts of the Committee on the Elimination of Discrimination against Women Praise Belarus for Progress in Preventing Trafficking, Ask about Criminalisation of HIV Transmission and Reported Repression of Civil Society

    Source: United Nations – Geneva

    The Committee on the Elimination of Discrimination against Women today concluded its consideration of the ninth periodic report of Belarus, with Committee Experts praising the State’s progress in preventing trafficking, and raising questions about the criminalisation of HIV transmission and reports of repression of civil society.

    Elgun Safarov, Committee Expert and Rapporteur for Belarus, and other Experts commended Belarus’ awareness-raising projects on the prevention of trafficking and women’s empowerment.

    One Committee Expert noted that Belarus had a high number of criminal cases related to HIV.  Transmission of HIV was penalised with imprisonment of up to five years. Was the State party rethinking this law?

    Mr. Safrov said many very important non-governmental organizations had been closed recently.  What were the reasons for these closures?  There were reports of repression of women journalists and activists.

    Several other Experts expressed concern about reports that women who expressed dissent were punished and detained.  What plans were in place to protect women activists from gender-based violence and State repression?  Why were civil society organizations engaged in the protection of human rights dissolved by the State?

    Introducing the report, Larysa Belskaya, Permanent Representative of Belarus to the United Nations Office at Geneva and head of the delegation, said Belarus strived to fully ensure equal rights and opportunities for women in all spheres. In an extremely difficult geopolitical situation, Belarus progressively built a society where every person could have decent living conditions and benefit society.

    The delegation said Belarus had taken measures to eliminate trafficking in persons and to identify and rehabilitate victims.  In 2024, authorities identified 1,500 cases of suspected trafficking and identified several victims, including minors.  The State worked with civil society to build the capacity of law enforcement staff related to trafficking; 90 training sessions had been held in 2024.

    Concerning the transmission of HIV, the delegation said that in 2023, nine women had been penalised for transmitting HIV and 12 women were penalised in 2022.  The State party was continuing to reduce the stringency of HIV legislation.  A draft law had been developed to decriminalise unintentional transmission of HIV.  Penalties for the deliberate transmission of HIV would remain.

    The delegation said the Committee’s assessments related to repression were not appropriate.  The protests that took place in Belarus over the reporting period were in many cases not peaceful.  Certain extremist actions were taken by media workers.  The Government was working to increase understanding of the situation.

    Civil society in Belarus was active, the delegation added.  The State party had over 1,500 civil society organizations, including women’s organizations.  In 2020, there was an attempt to carry out a coup d’etat by several non-governmental organizations engaged in anti-Government activities.  A court decision held these organizations and their members responsible for violating the law.  This should not be considered repression of civil society.  In 2023, a new law on the activities of civil society was adopted that required organizations to re-register.  Many non-governmental organizations had not completed the new registration procedure and had been shut down.  Citizens were entitled to renew the activities of previous non-governmental organizations.

    In closing remarks, Ms. Belskaya said Belarus had achieved much in terms of gender equality and empowering women.  The discussion helped the State party to identify the remaining issues to be addressed. The Committee’s recommendations would be carefully considered by the National Council on Gender Equality and used to construct the next national action plan on gender equality

    In her closing remarks, Nahla Haidar, Committee Chair, commended the State party for its efforts and encouraged it to implement the Committee’s recommendations for the benefit of all women and girls in Belarus.

    The delegation of Belarus consisted of representatives from the Ministry of Labour and Social Protection; Ministry of Health; and the Permanent Mission of Belarus to the United Nations Office at Geneva.

    The Committee will issue the concluding observations on the report of Belarus at the end of its ninetieth session on 21 February.  All documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet at 10 a.m. on Friday, 7 February to consider the eighth periodic report of Luxembourg (CEDAW/C/LUX/8).

    Report

    The Committee has before it the ninth periodic report of Belarus (CEDAW/C/BLR/9).

    Presentation of Report

    LARYSA BELSKAYA, Permanent Representative of Belarus to the United Nations Office at Geneva and head of the delegation, said Belarus was committed to the principles of the Convention and strived to fully ensure equal rights and opportunities for women and men in all spheres.  Its Gender Gap Index score had almost halved from 0.152 in 2014 to 0.096 in 2024, placing the country 29th out of 166 countries.  In an extremely difficult geopolitical situation, Belarus preserved its State, peace and tranquillity, and progressively built a society of equal opportunities, where every person could have decent living conditions and benefit society.

    Over the years, the Government had made serious efforts to implement the Convention and had achieved concrete results for the advancement of women.  Gender policy was coordinated by the National Council on Gender Policy.  Every five years, national action plans on gender equality were adopted.  This year, the sixth national action plan (2021-2025), the goals and objectives of which were linked to the Sustainable Development Goals, was being implemented.  Work was also progressively being carried out to introduce mechanisms for gender analysis of legislation and gender budgeting in the development of draft State plans and programmes. 

    The National Statistical Committee had developed thematic information systems that made it possible to analyse the situation in the field of gender equality.  The “Gender Statistics Web Portal” contained 178 gender statistics.  In 2020, the Labour Code introduced a norm establishing paternity leave of up to 14 days within six months after the birth of the child.  The Government was also working to calculate the value of unpaid domestic services not included in gross domestic product.  The final data would be published in June 2025.

    Belarussian women were actively promoted to managerial positions.  In the National Assembly, the share of women in 2023 was 36 per cent. At the same time, in the House of Representatives, their share was 40.6 per cent.  Women accounted for 47 per cent of local self-government bodies. Among senior civil servants, the share of women in 2023 was 54.6 per cent; among judges, 64.4 per cent.

    Labour legislation provided for parents with family responsibilities an additional day off from work per month or reduced working days, flexible forms of employment, and remote employment.  The country guaranteed access for all citizens to health care, education, social services, culture and sports.  At the birth of a child, the State provided material support to all families and the payment of insurance premiums.  Benefits for pregnancy, childbirth and temporary disability had been increased, as had social support for parents raising a child with disabilities.  Since 2015, the State also provided a one-time non-cash provision equalling 10,000 United States dollars at the birth or adoption of third or subsequent children.

    The Belarussian Women’s Union, which united 162,000 women, worked to raise the status of women in society and their role in all spheres of life, and there were 15 more women’s organizations in Belarus.  In total, as of October 2024, there were 1,466 public associations; 18 new public associations were registered in 2024. 

    In Belarus, the literacy rate of the population aged 15 and over was almost 100 per cent. General secondary education was compulsory for all.  The percentage of women in higher education was about 53 per cent.  Almost 92 per cent of women aged 16-72 used the Internet.

    For several years, there had been a decrease in the female working age unemployment rate, from 3.1 per cent in 2019 to 2.7 per cent in 2023.  This figure was lower than the male unemployment rate, which was 4.1 per cent in 2023.  More than 42 per cent of employed women had completed higher education and 70 per cent of civil servants were women.  The share of women among researchers in Belarus was 39.2 per cent.  In 2024, for the first time, a female cosmonaut from Belarus, Marina Vasilevskaya, flew to the International Space Station.  Belarus was also actively developing women’s entrepreneurship; the representation of women in this area was 36.4 per cent.  In 2023, the first Forum of Women Entrepreneurs was held, with the active participation of the Belarussian Women’s Union.

    Every woman, regardless of income, had the opportunity to receive any type of medical care free of charge.  Unprecedented measures were being taken in the country to protect motherhood and childhood, to accompany women during pregnancy, and to carry out annual medical examinations.  Belarus was among the 25 countries with the highest rating in terms of access to sexual and reproductive health, information and education.  The proportion of women using various types of contraception increased from 39.9 per cent in 2010 to 53.2 per cent in 2021. The number of abortions per 1,000 women of childbearing age over the past 10 years had decreased by almost two times to 6.2 per cent in 2023.  Since 2011, no cases of illegal abortions had been registered in the country.

    Specific measures were being taken in Belarus to prevent domestic violence.  In 2022, protective measures for victims and preventive measures against violators were strengthened.  Every year, about 15,000 victims turned to regional social service centres for help.  A network of “crisis” rooms was being developed, with 134 rooms having been established as of 2024.  There were no restrictions on the time in which people could live in these rooms; in the first half of 2024, 81 women lived in them.  Public and international organizations were involved in aiding women victims of domestic violence.

    From today’s dialogue, Belarus expected practical and implementable recommendations that would allow it to implement high international standards in State policy to ensure equal rights and expand opportunities for women.

    Questions by a Committee Expert 

    ELGUN SAFAROV, Committee Expert and Rapporteur for Belarus, said that Belarus had developed family and women policy, implemented many awareness-raising projects on the prevention of trafficking and women’s empowerment, organised several international conferences on women in entrepreneurship and science, and adopted several legislative acts on women rights protection during the reporting period. He expressed appreciation for the State party’s activities for the harmonisation of legislation and measures for the adoption of international standards. 

    However, the Committee had witnessed multiple violations of women’s rights.  The State party did not have comprehensive anti-discrimination legislation that specifically prohibited discrimination against women, including direct and indirect discrimination, and also had no specific, stand-alone legislation on gender equality, or a law explicitly focused on ending all forms of gender-based violence, including domestic violence.  Sexual harassment in the workplace remained unaddressed in legislation, and laws prohibited women’s participation in certain jobs. 

    There were many problems related to access to justice for women.  There needed to be effective remedies for victims of discrimination.  There was no special body for deciding cases related to discrimination against women.  HIV transmission was criminalised.  Why had some women lawyers’ licenses been terminated?

    What measures were in place to incorporate a definition of equality between women and men in the Constitution and the Criminal Code?  What mechanisms were in place to protect against discrimination?  Had the Convention been translated into Belarussian? Were there any court cases that had referenced the Convention?  Why had closed court sessions been held to try women who had participated in peaceful demonstrations?  How were lawyers appointed?  Did the State party keep data on criminal cases related to gender?

    Responses by the Delegation

    The delegation said Belarus did not have a comprehensive definition of discrimination against women in its legislation, but principles of equality were included in the Constitution and various laws.  The Government had considered developing a single act on discrimination, but had found that existing legislation sufficiently banned discrimination. Legal amendments were introduced in 2022 to provide women and men with equal opportunities in employment, training and education.  The rights of victims of sexual discrimination needed to be restored under law. All complaints of discrimination, including from women and foreign citizens, needed to be reviewed by relevant State authorities within a tight deadline.  Discriminatory norms were not permitted in legislation.  Follow-up on implementation of gender legislation was carried out by a dedicated group of the National Council on Gender Policy.

    The Bar Association carried out activities to inform citizens about how they could access legal aid.  Women who lodged a complaint related to workplace discrimination or the deprivation of parental rights, as well as pregnant women, vulnerable families and victims of trafficking, received legal aid free of charge. Women in prisons could receive legal aid when they submitted complaints.  Women could choose their own lawyer, or were appointed one if they could not afford one.

    Belarus had two national languages: Belarussian and Russian.  Russian was more represented in State correspondence, but this did not hinder access to information on legislation for the population.  The Convention was part of the national legal system and had been referenced in court proceedings.  The Criminal Code recognised undermining of women’s bodily integrity as an offence.  There were around 50 cases related to bodily harm in the first half of 2024, and 44 cases of other sexual offences.

    Questions by Committee Experts 

    A Committee Expert commended the Government on efforts to align policies with the Sustainable Development Goals. However, the Committee was concerned by the absence of an independent national human rights institution, and by the exclusion of civil society organizations that worked to safeguard women’s rights.  Would the State party consider establishing a national human rights institution in line with the Paris Principles?  Which Government agency was responsible for protecting women’s rights.

    The Expert welcomed the policy to promote gender empowerment and gender sensitive budgeting.  How would the national action plan on gender equality be monitored?  How would the State party ensure the meaningful participation of civil society in this regard?

    The Committee was deeply concerned by the increasingly shrinking civic space.  Many women human rights defenders faced detention and restriction of activities. What plans were in place to protect women activists from gender-based violence and State repression?  Why were civil society organizations that were engaged in the protection of human rights dissolved by the State?

    Belarus had not adopted a national action plan on women, peace and security.  Would it consider developing such a plan to mainstream gender perspectives into peacebuilding efforts?

    One Committee Expert said the share of women in regional leadership positions was low and there were very few female ambassadors.  Women who peacefully expressed diverse political opinions were at a high risk of being treated as extremists.  Had the State party implemented temporary special measures to ensure gender equality in recent years?  Were there measures to increase the representation of women in leadership positions, as well as in employment and education?  What measures were in place to support vulnerable women and to mitigate the impact of the COVID-19 pandemic on gender equality?

    Responses by the Delegation

    The delegation said Belarus had State and public institutions protecting human rights, including the national councils on gender equality, children and disability, and the Environmental Committee, among others.  The State had conducted consultations with civil society, international organizations and State agencies in 2017 related to the establishment of a national human rights institution.  Belarus believed that creating a national human rights institution was not a priority as its existing bodies were working efficiently to protect human rights. This issue could be examined in more detail at a later stage.

    The National Council on Gender Equality coordinated and monitored the implementation of national action plans on gender equality.  From 2023 to 2024, a gender assessment methodology for legislation was adopted. Based on assessments, problems had been identified and measures were being planned to address them in the next national action plan.

    Belarus was not a party to any conflict currently, so it had not implemented special measures related to women, peace and security.  However, the Government had taken measures to protect Ukrainian refugees.  Over 200,000 people had arrived from Ukraine in the past three years, more than half of whom were women.  Belarus offered refugees temporary protection and the choice of becoming Belarussian citizens.

    Civil society in Belarus was active. The State party had over 1,500 civil society organizations, as well as professional unions and women’s organizations. The Belarussian Women’s Union actively engaged with State authorities.  There were also specialised civil society organizations supporting vulnerable women.  The process for registering a civil society organization was simple and transparent; the State did not interfere in the registration of such organizations and provided regular support to existing organizations.  Under the law on civil society organizations, such organizations could be closed based on court decisions finding that the organization had carried out unlawful propaganda or violated State legislation. 

    Citizens active in social activities had the right to be defended but were held liable when they violated the law. In 2020, there was an attempt to carry out a coup d’etat by several non-governmental organizations engaged in anti-Government activities.  A court decision had held these organizations and their members responsible for violating the law.  This should not be considered repression of civil society.  After these events, laws on civil society were amended to provide incentives for more constructive civic activities.  Non-governmental organizations in Belarus needed to work cooperatively with the State and could not be funded from abroad.

    Questions by Committee Experts

    A Committee Expert welcomed that the State party had not ruled out establishing a national human rights institution and called for serious consideration of its establishment.  The Expert called for the development of a dedicated policy on women, peace and security.  How many women’s organizations participated in the development and analysis of the national action plan on gender equality?

    Another Committee Expert welcomed advances in protection from domestic violence, including the law on crisis prevention.  However, gender stereotypes were spread in media communications and women were systematically silenced and controlled by the State – women who expressed dissent were attacked, punished and detained.  Vulnerable women were often blamed and stigmatised when they sought protection.  The State party implemented restraining orders for only 30 days and perpetrators were not expelled from homes. 

    Would the State party adopt a comprehensive strategy to address gender stereotyping, a comprehensive law against domestic violence, and penal protection against marital rape?  How would the State party protect victims in criminal proceedings?  What remedies had been provided to victims in recent years?  How many persons had been convicted for domestic violence crimes? What services were provided in crisis rooms and how were personnel in these rooms trained?  Why did the rooms also house men?  Over 30 non-governmental organizations managing hotlines and shelters had been closed; why was this?

    One Committee Expert commended the State party for addressing trafficking in persons by ratifying international conventions on trafficking and developing comprehensive laws related to trafficking.  Could the State party provide data on trafficking and prostitution?  What measures were in place to protect women with disabilities from trafficking and to identify victims of trafficking?  How many investigations into trafficking had been carried out and how many persons were convicted?  How was the State party strengthening protections for women and girls against trafficking, promoting their access to justice, and building the capacity of State officials on the gendered aspects of trafficking?

    Responses by the Delegation

    The delegation said analysis of the national action plan on gender equality was carried out twice a year. The Belarus Women’s Union was represented in the National Commission on Gender Equality and other bodies.  The State party also closely cooperated with the Red Cross and other international organizations, and supported organizations of persons with disabilities.  Seventy per cent of civil servants were women; 50 per cent were in middle management positions and were involved in preparing important political decisions.

    Eliminating gender stereotypes was one of the goals of the national action plan for gender equality.  The State party was working to enhance the role of fathers in carrying out domestic tasks and was working with civil society on a joint project encouraging responsible fatherhood.  There was a programme on State television that presented case studies of successful professional women.

    Persons who perpetrated domestic violence were required to leave the homes where victims lived, and authorities monitored compliance.  The law on preventing domestic violence had been amended to address violence against former partners and cohabitants.  The number of protective measures that had been implemented had increased significantly from around 18,000 in 2022 to 33,000 in 2024.  The Government supported victims to stay in their homes.  There were awareness raising campaigns in place to inform potential victims about reporting channels and preventing gender-based violence.  All types of bodily harm were criminalised.

    Every year, around 17,500 complaints of domestic violence were made.  If women victims required temporary housing, it was provided. Shelters could be accessed 24 hours a day by victims and their children without documentation.  There were hundreds of crisis rooms available, including 132 equipped for children.  Work was underway to ensure access to the rooms for persons with disabilities.

    Belarus had taken measures to eliminate trafficking in persons and to identify and rehabilitate victims.  In 2024, authorities identified 1,500 cases of suspected trafficking and identified several victims, including minors. The State worked with civil society to build the capacity of law enforcement staff related to trafficking; 90 training sessions had been held in 2024.  Specialists had been hired to support victims of various forms of trafficking.  The State was also working to align national trafficking legislation with international norms, and various awareness raising campaigns on trafficking were also in place. Involvement in prostitution was an administrative offence; however, victims of trafficking were not prosecuted, but were provided with support.

    Questions by Committee Experts

    A Committee Expert welcomed that legislation was being amended regarding domestic violence, which needed to be made an aggravated circumstance in homicide offences.  What measures were in place to ensure the safety of victims of domestic violence?

    Another Committee Expert commended progress being made related to trafficking and prostitution.

    ELGUN SAFAROV, Committee Expert and Rapporteur for Belarus, asked why there was a shortage of female Belarussian ambassadors.  None of the chambers of Parliament had female chairs; there were no parliamentary committees working to protect women’s rights; and only one out of 24 Ministers was a woman.  Why was this? How many Deputy Ministers were women? To what extent were women represented in the technological sector?

    Many very important non-governmental organizations had been closed recently.  What were the reasons for these closures?  There were reports of repression of women journalists and activists.

    One Committee Expert noted progress made in reducing statelessness through nationalisation efforts. However, 2,473 women remained stateless in the State party.  Were there programmes addressing statelessness?  When would the State party ratify the 1954 and 1967 United Nations conventions on statelessness?  The State party had not established a clear procedure for protecting migrant mothers and newborns.  Would it do so?

    Responses by the Delegation

    The delegation said the law on prevention of violence included a clause on educational programmes for perpetrators. The State party was interested in best practices in this field in other countries.

    Women made up around 70 per cent of Belarus’ Ministry of Foreign Affairs.  At a time, Belarus had four female ambassadors.  Appointment to ambassadorial roles was based on competitive selection and there was a shortage of women applicants.  Women were broadly represented as deputy chairs of parliamentary committees and made up around 50 per cent of the members of local councils. Belarus aimed to improve women’s representation in all fields.

    The Committee’s assessments related to repression were not appropriate.  The protests that took place in Belarus over the reporting period were in many cases not peaceful.  Certain extremist actions were taken by media workers.  The Government was working to increase understanding of the situation.

    In 2023, a new law on the activities of civil society was adopted that required organizations to re-register. Many non-governmental organizations had not completed the new registration procedure and had been shut down. Citizens were entitled to renew the activities of previous non-governmental organizations.

    Belarus strived to eradicate statelessness.  The number of stateless women in Belarus had significantly decreased by around 5,000 persons over the past 10 years, thanks to the work of authorities in collaboration with United Nations bodies.  The State supported stateless persons and their children to apply for Belarussian citizenship.  It was continuing work towards ratification of the United Nations conventions on statelessness.  The Government had not received reports of unlawful treatment of stateless persons. Stateless persons in Belarus were primarily citizens of the former Soviet Union.  Their numbers were low; the number of stateless children was less than 10.  To receive citizenship, people needed to demonstrate that they had sufficient income and had not committed offences.

    Questions by a Committee Expert 

    A Committee Expert said Belarus had near universal enrolment of girls and boys in primary education.  Educational instructions could reproduce harmful tropes of men as breadwinners and women as caregivers.  What measures were in place to enforce the role of men as caregivers? Only 23 per cent of persons in science, technology, engineering and maths education were women.  What measures were in place to promote their participation?  Only 17 per cent of university professors were female.  How would this be addressed?  Many students had been arrested and prosecuted for their engagement in protest movements.  Nine of the 11 students detained were women, including a woman professor.  What was the status of these women?

    Responses by the Delegation

    The delegation said traditional values in Belarus promoted families with children. Many educational programmes aimed to uphold traditional values and promote gender equality and the equal roles of men and women.  Around 52 per cent of higher education students were women.  Around 40 per cent of workers in the information technology sphere were women.  The Government was implementing incentives and other measures to attract girls to science, technology, engineering and maths careers.

    Students were detained on the grounds that they had broken a criminal law.  There was no persecution of students simply for exercising freedom of expression.

    Questions by a Committee Expert

    One Committee Expert said the employment rate of men was 72 per cent compared to 63 per cent for women. Although the list of closed professions for women had been reduced significantly, significant barriers for women accessing the labour market remained, and the list itself was a form of discrimination.  Women were underrepresented in higher-paid industries.  Workplace harassment remained common and legislation did not provide adequate remedies for victims and penalties for perpetrators.  Detained women were legally required to engage in labour; this was a form of modern slavery.  In July 2022, all independent trade unions were banned in Belarus. What protection mechanisms were available related to workplace sexual harassment?  Was there a national action plan for addressing the gender pay gap? When would the State party abolish forced labour for prisoners?

    In 2017, the State introduced pension reform, raising the retirement age.  Many citizens had lost their pensions due to the reforms.  Why did men and women have different pension ages?

    Responses by the Delegation

    The delegation said the rate of employment for women from 15 to 74 was 63 per cent, whereas the employment rate for women of working age was above 80 per cent. Belarus promoted equal pay for work of equal value.  Overall, women earned around 75 per cent of what men earned.  In the transport sector and the agricultural sector, wage gaps were much lower.  The State party was implementing measures to reduce the gender pay gap.  Women were now able to work in professions that were previously not accessible, such as truck drivers.  The State party was encouraging men to take parental leave. Women who experienced workplace harassment could report the incident to local authorities and receive remedies. 

    The Supreme Court had ruled that trade unions were to be closed when their activities were harmful to public interests or State values. The federation of trade unions covered almost all unions in the country.  It promoted general and collective agreements, which provided additional social and labour rights for workers.

    Women earned 92.5 per cent of the pension earned by men. Less than one per cent of the elderly were poor.  Women could continue working after they reached pension age; around 20 per cent of women did so.  The Presidential Decree on Employment did not punish individuals who were not working. Under the decree, women who were not working had the right to access State subsidies.

    The State party was exerting efforts to address the gender pay gap.  The national action plan on gender equality, which was based on the Committee’s previous recommendations, introduced measures to support female entrepreneurs and workers.

    Questions by a Committee Expert

    A Committee Expert said there had been significant advances in the field of public health in Belarus in recent years, but access to medicines was better in cities than in rural areas, and the quality of healthcare had declined nation-wide.  How was the State party supporting equal access to affordable healthcare for women from vulnerable groups?  What measures were in place to remove obstacles to accessing abortions?  Did both men and women need to undergo cancer screenings before they could obtain a driver’s licence?

    Women with disabilities faced barriers in accessing sexual and reproductive health services.  How was the State party meeting the needs of women with disabilities in this regard?  Some women with disabilities had been pressured to hand over their children to the State.  How would the State party address the discrimination faced by women with disabilities?  How did the delegation respond to reports of sterilisation of women with disabilities?

    Women with HIV reportedly faced systematic discrimination in health care.  The Penal Code sanctioned the transmission of HIV regardless of the circumstances. What measures were in place to support women with HIV?  What was the situation of sexual and reproductive health education?

    Responses by the Delegation

    The delegation said that in Belarus, medical assistance for persons with HIV was provided in line with health protocols from 2018 and 2022.  In 2018, Belarus had been certified as being free from mother-to-child transmission of HIV.  There were around 27,000 HIV positive people in the State.  The State party worked closely with non-governmental organizations to provide treatment for HIV positive people.  Around 95 per cent of HIV positive people were receiving retroviral treatment.  Women formerly had to present certificates from gynaecologists to receive a driver’s licence; as of last year, this was no longer necessary.  A draft law had been developed to decriminalise unintentional transmission of HIV.  Penalties for the deliberate transmission of HIV would remain.

    The protection of maternal and child health was a priority for the State.  Women who sought abortions could receive free counselling.  Over five years, these counselling sessions had prevented 23,000 abortions.  Pregnancies were interrupted only when the pregnant woman provided permission.

    All women, including women with disabilities, had access to medical assistance without discrimination.  Resources were set aside to allow for high quality medical care of the population.

    The World Health Organization had highly rated the medical care provided in Belarus.  The assessment that the quality of medical care had declined in recent years was not in line with reality.  Mobile health clinics provided in-home medical care in rural areas.  The State party was addressing shortages in healthcare staff.  It had difficulties in accessing certain types of medications due to sanctions from Western countries.

    Questions by Committee Experts

    A Committee Expert commended measures reforming regulations on universal social protection and access to support funds for entrepreneurs. Were there schemes guiding social protection for workers in the informal sector?  What steps had been taken to incorporate gender considerations into the tax regime?  What percentage of business grants were received by female entrepreneurs over the past five years?  How had technological training helped to bridge gender gaps in digital fields? How was the State party strengthening women’s role in sports and cultural activities and addressing stereotypes related to sports and culture?

    Another Committee Expert congratulated Belarus on co-sponsoring the United Nations Convention against Cybercrime and for implementing measures to protect elder women in digital spheres.  What social security and economic policies were in place for elderly women?  Belarus had a high number of criminal cases related to HIV.  Transmission of HIV was penalised with imprisonment of up to five years.  Was the State party rethinking this law?

    Women with disabilities’ right to work could only be realised after a medical examination.  How would the State party allow for the full realisation of these women’s right to work?

    Women in prisons were reportedly denied access to menstrual products.  How would the State party ensure that all detained women were treated in a dignified manner?  Belarus had in 2022 broadened its definition of pornography to include non-traditional relationships.  How would this affect the lesbian, bisexual, transgender and queer community?  Were the rights of indigenous women considered in plans to develop a second nuclear powerplant in the State? 

    Responses by the Delegation

    The delegation said there were around 400,000 people engaged in entrepreneurship in Belarus, 40 per cent of whom were women.  There was a framework for supporting women entrepreneurs, including in rural areas, and norms and laws aimed to support small businesses. Special taxation measures were provided to women entrepreneurs.  The share of women entrepreneurs had increased by around 10 per cent in recent years.  A State support programme for the unemployed had been established; almost half of all beneficiaries were women.

    In 2023, nine women had been penalised for transmitting HIV and 12 women were penalised in 2022.  The State party was continuing to reduce the stringency of HIV legislation.

    There was a Government mechanism which visited prisons regularly to examine living conditions.  The Attorney-General also monitored compliance with legislation on prisons.  Access to all forms of medical care was granted to detainees.  All detainees could file complaints to courts related to the lawfulness of their detention as well as other problems.  Prisoners who violated prison regimes were placed in solitary confinement.

    The State party had a plan for implementing the Convention on the Rights of Persons with Disabilities.  It supported employers who hired persons with disabilities and provided training to help persons with disabilities access work.  An act on quotas for persons with disabilities in the workplace had been implemented.

    Legislative changes addressed the circulation of products that harmed public morality.  They were not expected to have an impact on the lesbian, bisexual, transgender and intersex community.  People could choose the type of relationship they had.

    The impact on human health of the State’s nuclear power plants was negligible.  Belarus upheld the highest standards of safety.

    Women were being encouraged to participate in sports traditionally favoured by men.

    Questions by a Committee Expert

    ELGUN SAFAROV, Committee Expert and Rapporteur for Belarus, asked if the State party had statistics on the amount of property inherited by women.  How did courts protect women’s property rights in divorce proceedings? How were children’s rights protected in international adoption proceedings?  The dialogue and the Committee’s recommendations would help with protecting the rights of women in Belarus.

    Responses by the Delegation

    The delegation said Belarus’ legislation on divorce promoted the best interests of the child.  Mediation was increasingly used in custody cases.  The interests of the mother and father were duly protected.  Belarus worked with several States on regulating international adoptions.  The State party monitored families who had adopted Belarussian children to ensure that their rights were upheld.

    Concluding Remarks

    LARYSA BELSKAYA, Permanent Representative of Belarus to the United Nations Office at Geneva and head of the delegation, thanked the Committee for the dialogue. Belarus had achieved much in terms of gender equality and empowering women.  The discussion helped the State party to identify the remaining issues to be addressed.  The Belarussian population supported the State’s measures, but there was more to be done.  The Committee’s recommendations would be carefully considered by the National Council on Gender Equality and used to construct the next national action plan on gender equality

    NAHLA HAIDAR, Committee Chair, thanked the delegation for its engagement with the Committee.  The dialogue had provided insights into the achievements made in Belarus and the areas in which further progress was needed.  The Committee commended the State party for its efforts and encouraged it to implement the Committee’s recommendations for the benefit of all women and girls in Belarus.

     

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CEDAW25.004E

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: A New Dawn for Rural India’s Transformation

    Source: Government of India

    A New Dawn for Rural India’s Transformation

    Union Budget 2025-26 Brings Forward a Package of Hope

    Posted On: 06 FEB 2025 7:32PM by PIB Delhi

    Union Budget 2025-26 Brings Forward a Package of Hope

    “Ensuring a dignified life for the people of rural India is the priority of my Government”

    ~Prime Minister Shri Narendra Modi

     

    India is home to 6.65 lakh villages, with 2.68 lakh Gram Panchayats and Rural Local Bodies, which form the backbone of the nation’s rural landscape. These villages, scattered across the country, play a crucial role in shaping India’s rural economy and culture. The Union Budget 2025-26 recognizes the importance of these communities and places a strong emphasis on their upliftment. The budget focuses on key areas such as employment generation, women empowerment, education and infrastructure development in rural India.

    Total amount allocated for the demand in the Budget Estimate (BE) for 2025-26: ₹1,88,754.53 Cr.

    The Union Budget 2025-26 outlines several key initiatives aimed at driving rural development and enhancing prosperity through focused programs and investments:

     

    1. Water Supply – Jal Jeevan Mission:

    The Jal Jeevan Mission has been extended until 2028 with an increased focus on improving the quality of infrastructure and the operation and maintenance of rural piped water supply schemes through a citizen-centric approach, known as “Jan Bhagidhari”. The goal is to achieve 100% coverage with enhanced financial support and sustainability through state-specific MoUs.

    1. Broadband Connectivity – Bharatnet Project:

    Broadband connectivity will be expanded under the Bharatnet Project, aiming to provide all government secondary schools and primary health centers in rural areas with internet access, improving education and healthcare services.

    1. India Post as a Catalyst for Rural Economy:

     India Post will drive rural economic growth with its 1.5 lakh rural post offices, India Post Payment Bank, and 2.4 lakh Dak Sevaks. It will enhance services by offering micro-enterprise credit, digital services, and institutional account management. Furthermore, India Post will evolve into a key public logistics organization supporting entrepreneurs, MSMEs, and self-help groups.

    1. Rural Prosperity and Resilience Program:

    A comprehensive multi-sectoral ‘Rural Prosperity and Resilience’ programme will be launched in collaboration with states. This program aims to address under-employment in agriculture by promoting skill development, technology adoption, and investments to invigorate the rural economy. The mission will focus on empowering rural women, young farmers, marginalized communities, and landless families, ensuring that migration becomes a choice, not a necessity.

    Through these initiatives, the Union Budget 2025-26 envisions a holistic approach to rural development, aiming for long-term growth, resilience, and self-reliance across rural India.

    Positive Transformations in Rural India

    Positive outcomes have been observed across various sectors as India moves toward greater prosperity. These include an increase in rural wages, wider internet connectivity in rural areas, a decline in poverty, and a reduction in consumption inequality.

    • National Multidimensional Poverty Index (MPI) Report: The proportion of individuals living in multidimensional poverty declined from 24.85% to 14.96% between 2015-16 and 2019-21. 13.5 crore individuals escaped multidimensional poverty during this period.
    • Rural Internet Connectivity: As of March 2024, India had 954.40 million internet subscribers. Out of this, 398.35 million were rural internet subscribers.
    • Income Distribution (Gini Coefficient): For rural areas, it declined from 0.266 in FY22-23 to 0.237 in FY23-24.
    • Rural Wage Growth: As per data from the Labour Bureau, rural wages in FY25 (April-September 2024) showed a growth of above 4% each month year-on-year: Agriculture wages grew by 5.7% for men and 7% for women. Non-agricultural wages grew by 5.5% for men and 7.9% for women.

    Pathway to Prosperity: Key Rural Scheme Achievements

    • Pradhan Mantri Gram Sadak Yojana (PMGSY) – Roads: Launched in December 2000, this initiative aims to provide rural connectivity through a single all-weather road to unconnected habitations of a designated population size in the core network, enhancing the socio-economic conditions of rural communities.
    • Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) – Housing: Launched on 20th November 2016, aiming to provide housing for the poorest segments of society.

    Mission Amrit Sarovar: Launched on 24th April 2022, with an objective to conserve water for the future. The Mission aimed at developing / rejuvenating 75 Amrit Sarovar (Pond) in each district of the Country. A total of 68,843 ponds have been constructed.

     

    National Rural Health Mission: Launched in 2005 with the objective of building public health systems to provide accessible, affordable and quality health care to the rural population.

    1. Jal Jeevan Mission: Launched in 2019, JJM is a nationwide programme designed to provide all households in rural India with safe and adequate drinking-water through individual household tap connections. As of 27 January 2025, a total of 12.2 crore households have been provided with tap water connections.
    1. Swachh Bharat Mission (Gramin): Launched on October 2, 2014, the initiative aimed at making India Open Defecation Free (ODF). Currently in Phase 2 the focus is on maintaining the ODF status, managing solid and liquid waste by 2024-25 and transitioning all villages from ODF to the ODF Plus model.

    Saansad Adarsh Gram Yojana (SAGY): Launched on 11th October 2014, SAGY aims to preserve the essence of rural India by providing access to basic amenities and opportunities for people to shape their own futures.

    1. Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN): Cabinet Approved PM-JANMAN on Nov. 2023 to improve socio-economic conditions of the Particularly Vulnerable Tribal Groups (PVTGs).
    1. Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM): Launched in 2011, the scheme aims to empower rural poor women by organizing them into Self Help Groups (SHGs) and supporting economic activities to improve their income and quality of life. Implemented in 5,369 blocks across 682 districts.
    2. Gram Nyayalayas Act, 2008: Provide access to justice at the grassroots level in rural areas. As of October 2024, 313 Gram Nyayalayas have disposed of over 2.99 lakh cases between December 2020 and October 2024.
    1. National Social Assistance Programme (NSAP): Launched on 15th August 1995, Provide financial assistance to vulnerable sections of society.

     

    1. Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) Progress: Launched in 2005, the scheme aims to provide 100 days of guaranteed wage employment annually to rural households, enhancing livelihood security through unskilled manual work. The Budget allocation under Mahatma Gandhi NREGA has steadily risen. The budget allocation for the financial year 2006-07 was Rs 11,300 crore which increased to Rs 33,000 crore in 2013-14 and now stands at Rs 86,000 crore during FY 2024-25 at Budget estimate stage.

    ​​​​​​​

    Conclusion

    Rural India is making significant strides toward achieving a developed India by 2047, with the Union Budget serving as a key step in making it more self-reliant (Atmanirbhar). By focusing on essential areas like employment, infrastructure, and economic empowerment, the budget ensures crucial support for a prosperous and sustainable future for rural communities, paving the way for a stronger, more self-sufficient India.

     

    References

    Click here to see in PDF

    Santosh Kumar/ Sarla Meena/ Kamna Lakaria

    (Release ID: 2100410) Visitor Counter : 22

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: e-COURTS MISSION MODE PROJECT PHASE- III

    Source: Government of India (2)

    Posted On: 06 FEB 2025 5:06PM by PIB Delhi

    With a significant outlay of Rs.7210 crore, the eCourts Phase III Project underlines the importance which the Government attaches to the infrastructural needs of the courts in the country. Several initiatives have been planned and are under progress,to strengthen and expand the capacity of the existing infrastructure at the district and sub-district levels. Some of the major initiatives under the eCourts Phase III project include, making fully functional advanced e-Sewa Kendras in all court complexes, interlinking of all courts across the country, including High Courts and District and subordinate courts,Information and Communication Technology (ICT) enablement of the Indian judicial system and making the justice delivery system accessible, cost-effective, transparent, and accountable.Besides, infrastructure is being developed for paperless courts in a phase-wise manner, expansion of the virtual courts for hearing of court cases by creating a robust digital infrastructure, live streaming of court proceedings, digitisation of the entire court records, E-filing of cases and provision for video conferencing facilities.Some of the futuristic technological advancements such as Artificial Intelligence, Blockchain and others are also planned.For ensuring seamless availability of ICT infrastructure, solar power facilities are being installed and obsolete hardware is being replaced.Migrating the District Court websites to the Secure, Scalable & Sugamya Website as a Service (S3WAAS)platform is an ongoingprocess and efforts are on to provide adequate cloud storage facilities in the courts.

    This information was given by the Minister of State for Law and Justice and Minister of Parliamentary Affairs, Shri Arjun Ram Meghwal in a written reply to a question in Rajya Sabha today.

    *****

    Samrat/ Dheeraj@: pibpiolaw[at]gmail[dot]com

    (Release ID: 2100328) Visitor Counter : 64

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Southeast Texas man who previously worked as martial arts, gymnastics instructor admits to receiving, possessing child sexual abuse materials

    Source: US Immigration and Customs Enforcement

    GALVESTON, Texas – A Southeast Texas man who previously worked as a martial arts and gymnastics instructor pleaded guilty to receipt and possession of child sexual abuse materials Feb. 3 following an investigation by Homeland Security Investigations (HSI), the Pearland Police Department, the Galveston County Sheriff’s Office, and the Houston Metro Internet Crimes Against Children Task Force.

    Franklin Joseph Perkins, a 41-year-old resident of Alvin, Texas, who previously worked at the Kuk Sool Won martial arts studio and Gulf Coast Gymnastics in Alvin pleaded guilty in the U.S. District Court for the Southern District of Texas to receipt and possession of child sexual abuse materials.

    “With today’s conviction we have removed a dangerous predator from the community who presented a significant threat to the safety of our children,” said HSI Houston Special Agent in Charge Chad Plantz. “By receiving and possessing child sexual abuse materials, Mr. Perkins contributed to the revictimization of the minors who were abused to produce the materials. Thanks to the outstanding support that we receive from our law enforcement partners and the National Center for Missing and Exploited Children, we were able to expose this vile predator for who he is and ensure he never again serves in a position of trust.”

    The investigation began after the National Center for Missing and Exploited Children notified law enforcement that they had received a tip indicating that a user with a Google account had uploaded files possibly depicting child sexual abuse material onto their servers. Following that alert, authorities were able to link Perkins to the account and determined he had been using various Google accounts and his cell phone to receive and possess child pornography.

    Perkins will remain in custody pending his sentencing, which is scheduled for April 15. At that time, he faces a minimum of five and up to 20 years for receiving child sexual abuse materials and up to 10 years for possessing it. He could also be ordered to pay up to a $250,000 fine, as well as a $5,000 special assessment under the Justice for Trafficking Act, up to a $35,000 special assessment under the Amy, Vicky and Andy Child Pornography Victim Assistance Act, and mandatory restitution in an amount of no less than $3,000 per victim.

    Assistant U.S. Attorneys Kimberly Leo, Carrie Wirsing and Colton Turner are prosecuting the case.

    For more news and information on HSI’s efforts to investigate child exploitation and other transnational criminal activity in Southeast Texas, follow us on X, formerly known as Twitter, at @HSIHouston.

    MIL OSI USA News

  • MIL-OSI Security: Former Utah Gymnastics Coach Admits to Having a Hidden Camera to Produce Child Sexual Abuse Materials

    Source: Office of United States Attorneys

    SALT LAKE CITY, Utah – A Utah gymnastics coach and owner of USA Gymnastics World pleaded guilty to transportation of a minor with intent to engage in criminal sexual activity.

    Adam Richard Jacobs, 34, of Woods Cross, Utah, was charged by indictment in April 2023. See press release: Utah Gymnastics Coach Arrested on Child Exploitation Charges

    According to court documents and admissions made at the change of plea hearing, Jacobs, beginning on a date unknown and continuing until March 2023, transported a minor from Utah to other states including Florida and Texas as his gymnastics coach. During this time, he placed a hidden camera in the minor’s hotel room and bathroom to produce child sexual abuse materials. Jacobs further admitted that all electronic devices seized pursuant to a search warrant served in March 2023 were used to further participate in the production of child sexual abuse materials.

    As stated in court documents, a USA Gymnastics World employee discovered a hidden camera twice in a unisex restroom at the facility and contacted police. A subsequent investigation recovered approximately 120 video files of victims in the restroom. Approximately 40 videos showed Jacobs setting up the cameras in his home and at USA Gymnastics World.

    Jacobs is scheduled to be sentenced August 14, 2025, at 3:00 p.m. before a U.S. District Court Judge at the Orrin G. Hatch United States District Courthouse in downtown Salt Lake City.

    U.S. Attorney, Trina A. Higgins, of the District of Utah made the announcement.

    The case is being investigated jointly by Homeland Security Investigations (HSI), Woods Cross Police Department, the Utah Attorney General’s Office Internet Crimes Against Children Task Force, Kaysville Police Department, Clearfield Police Department, the United States Secret Service, and the Davis County Attorney’s Office.

    Special Assistant United States Attorney Carl Hollan and Assistant United States Attorney Carol Dain of the U.S. Attorney’s Office for the District of Utah are prosecuting 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 Security: Houston Man Indicted for Coercing, Enticing Minors and Sexually Exploiting a Minor to Produce Child Sexual Abuse Material

    Source: Office of United States Attorneys

    Baltimore, Maryland – A federal grand jury returned an indictment charging Dazhon Darien, 32, of Houston, Texas, with five counts of sexual exploitation of a child, two counts of coercion and enticement of a child, one count of receipt of child sexual abuse material, and four counts of possession of child sexual abuse material.

    Erek L. Barron, U.S. Attorney for the District of Maryland, announced the charges with Special Agent in Charge William J. DelBagno of the Federal Bureau of Investigation, Baltimore Field Office, and Chief Robert McCullough, Baltimore County Police Department.

    According to the indictment, between July 2023 and July 2024, the defendant persuaded, induced, enticed, and coerced a minor male to engage in sexually explicit conduct for the purpose of producing and transmitting child sexual abuse material.  Additionally, the indictment alleges that the defendant enticed two minor males to engage in prohibited sexual conduct and Darien possessed child sexual abuse material in internet-based accounts and on one digital device.

    If convicted, Darien faces a mandatory minimum sentence of 15 years and up to a maximum sentence of 30 years in federal prison for each of the five counts of sexual exploitation of a minor; a mandatory minimum sentence of 10 years and up to a maximum sentence of life imprisonment for each of the two counts of coercion and enticement of a child; a mandatory minimum of five years and up to a maximum of 20 years in federal prison for the single count of receipt of child sexual abuse material, and a maximum of 20 years in federal prison for each of the four counts of possession of child sexual abuse material.

    Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge determines sentencing after considering the U.S. Sentencing Guidelines and other statutory factors.

    An indictment is not a finding of guilt.  Individuals charged by indictment are presumed innocent until proven guilty at a later criminal proceeding.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse.  Led by the United States Attorney’s Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims.  For more information about Project Safe Childhood, visit www.justice.gov/psc. For more information about Internet safety education, click on the “Resources” tab on the left of the page.

    U.S. Attorney Barron commended the Baltimore FBI Field Office and the Baltimore County Police Department, for their work in the investigation.  Mr. Barron also thanked Assistant U.S. Attorneys Christine O. Goo and Paul E. Budlow who are prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI

  • MIL-OSI: UPDATE: WTW debuts new Insurance Pricing and Underwriting Technology to accelerate speed to market in Guidewire PolicyCenter

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, announced the latest advancement in its Radar rating and analytics engine with the launch of its Rating, Pricing, and Underwriting acceleratori for Guidewire.

    Radar, WTW’s external rating engine, is an end-to-end solution designed specifically for the insurance sector. It provides cutting-edge analytics and decision-making for pricing and underwriting, deployed to the market in real time. Radar’s new Guidewire accelerator will streamline the integration of Radar with PolicyCenter, Guidewire’s policy administration system, allowing carriers to realize the benefits of Radar faster. The accelerator uses a highly innovative approach that draws Guidewire product definitions directly into Radar’s pricing environment, massively expediting the integration process.

    Customers’ demand for more innovative insurance solutions has increased significantly in recent years. Pricing and underwriting teams have been pushed to the limit by the need to provide new products in a competitive market while balancing regulatory requirements for rating accuracy, transparency, and fairness. Radar is a proven solution that delivers success for insurers and their customers in this challenging environment.

    Gio Smyth, Managing Director and Americas Regional Leader, Insurance Consulting and Technology, WTW, said: “WTW’s integration between Guidewire PolicyCenter and our Radar technology will enhance the operational efficiency of our shared clients by reducing implementation time and cost, enabling them to maximize the benefits of Radar. The injection of game-changing speed and accuracy into the pricing process makes it possible to update market prices in minutes rather than days, weeks, or months, giving insurers a competitive edge.”

    Will Murphy, Vice President, Global Technology Alliances, Guidewire, said: “With the launch of the Radar Accelerator from WTW, our shared customers can now quickly leverage a valuable rating solution that enables insurers to realize quicker and more accurate underwriting and pricing performance.”

    About Radar

    Smarter insights. Better results. Delivered faster.

    Radar is a complete, end-to-end analytics and model deployment solution. It was built specifically for insurers by insurance experts and continually enhanced through ongoing investment, development, and innovation.

    Radar delivers proprietary machine learning algorithms, real-time decision-making, regulatory reporting, speed, and ease of deployment.

    Radar is part of WTW’s Insurance Consulting and Technology business, which serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Its mission is to innovate and transform insurance and deliver solutions that help clients better select, finance, and manage risk and capital.

    We work with clients of all sizes globally, including most of the world’s leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice to the insurance industry.

    About Insurance Consulting and Technology (ICT)

    WTW’s Insurance Consulting and Technology (ICT) business has over 1,200 colleagues operating and capital, improve business performance, and create competitive advantage – by focusing on financial and regulatory reporting, enterprise risk and capital management, M&A and corporate restructuring, products, pricing, business management, and strategy.in 35 markets worldwide. ICT is a leading provider of advice, solutions, and software – primarily to the insurance industry. Its consulting services help clients manage risk

    About WTW

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

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success and provide a perspective that moves you.

    Learn more at wtwco.com.

    Media Contact

    Douglas Menelly +1 516 445 5387 | douglas.menelly@wtwco.com

    _______________
    i https://marketplace.guidewire.com/s/product/radar-accelerator-for-rating-and-pricing-for-policycenter/01t3n00000SqGjIAAV?language=en_US

    The MIL Network

  • MIL-OSI Economics: ICC urges negotiation over retaliation on trade tariffs 

    Source: International Chamber of Commerce

    Headline: ICC urges negotiation over retaliation on trade tariffs 

    We use necessary cookies to make our site work. We’d also like to set optional cookies to optimize site functionality and to give you the most relevant experience. We won’t set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.

    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.

    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.

    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.

    MIL OSI Economics

  • MIL-OSI: Bitget Wallet Enables Berachain Airdrop Claim, Offering Extra $BERA Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 06, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has integrated Berachain mainnet and now supports $BERA airdrop claim. Users claiming the airdrop through Bitget Wallet will be eligible for extra $BERA rewards. This integration positions Bitget Wallet as one of the key platforms for early engagement with Berachain’s ecosystem.

    Through Bitget Wallet’s Discover page, users can verify their $BERA airdrop eligibility based on previous interactions with Berachain’s testnet. Qualified participants can claim their base $BERA allocation directly within the wallet, with additional rewards available for those who interacted with Berachain ecosystem project DApps selected under the RFA Plan during the testnet phase. From February 6 to 10, users claiming the $BERA airdrop may access extra $BERA rewards from an additional reward pool.

    Berachain, built on an Ethereum Virtual Machine (EVM)-compatible framework, introduces a novel Proof of Liquidity (PoL) mechanism that dynamically adjusts validator rewards to promote security, decentralization, and liquidity across DeFi applications. This approach aims to address the limitations of the traditional Proof of Stake model by incentivizing liquidity provision alongside network security. With this integration, Bitget Wallet provides users with streamlined access to Berachain’s multi-chain DeFi opportunities and smooth asset management.

    Looking ahead, Bitget Wallet plans to explore further collaboration with Berachain, focusing on potential incentive programs and cross-chain developments. Alvin Kan, COO of Bitget Wallet, stated, “Berachain’s mainnet integration represents a leap in on-chain liquidity and user empowerment. By incorporating Berachain’s capabilities, we aim to deliver a simplified user experience while driving the next wave of decentralized innovation for communities worldwide.”

    Follow Bitget Wallet’s X for more updates.

    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/662d2a60-bc0a-4360-92f9-f12fd175d117

    The MIL Network

  • MIL-OSI: Celona and stc Group Launch Private 5G Solution to Drive Business Efficiency in Middle East

    Source: GlobeNewswire (MIL-OSI)

    • Celona and stc Group have announced a new partnership, launching a private 5G edge computing technology network solution for enterprises in Saudi Arabia, Kuwait and Bahrain.
    • The digital solution increases operational efficiencies by lowering total cost and accelerating time-to-market.
    • The solution avoids the challenges commonly faced with Wi-Fi networks and provide secure, reliable connectivity in hard-to-reach places.

    CAMPBELL, Calif. and RIYADH, Saudi Arabia, Feb. 06, 2025 (GLOBE NEWSWIRE) — Celona, a pioneer in private 5G networks, and stc Group, a leading digital enabler, have partnered to launch a new generation of private 5G digital solutions, allowing businesses to scale up their wireless connectivity in a cost-efficient manner. The partnership aligns with stc Group’s commitment to driving development and efficiency across the Middle East region with new solutions to support digital transformation.

    The partnership between Celona and stc Group will expedite the deployment of new automation applications, enhancing operational efficiency, reducing costs and addressing operational challenges by leveraging stc Group’s expertise in cloud and IoT services. This collaboration will lower total cost of ownership and accelerate time-to-market for the launch of new products and services across industries such as oil and gas, logistics, warehousing, mining, and manufacturing.

    stc Group and Celona’s new private 5G network service will utilize private networks to meet the growing demand for secure, reliable wireless performance, coverage, and connectivity required by a new era of network-dependent business applications, IoT systems, and cybersecurity integration. Enterprises in Saudi Arabia, Kuwait, and Bahrain will benefit from swift deployment of private wireless networks to support their automation and modernization initiatives.

    Saud Alsheraihi, stc Group Products & Solutions VP, said, “This partnership with Celona marks a significant milestone in stc Group’s mission to drive digital transformation and operational efficiency. By integrating Celona’s cutting-edge private 5G technology, we are proudly enabling businesses in Saudi Arabia, Kuwait and Bahrain to modernize their operations, reduce costs, and accelerate their time-to-market. This collaboration underscores our commitment to providing innovative digital solutions that empower enterprises to thrive in a rapidly evolving digital landscape.”

    Rajeev Shah, Celona’s Co-founder and CEO, said, “stc Group is a digital transformation visionary with a clear strategy for driving economic growth and efficiency through digitization. We are honored that they have chosen to power their industrial transformation initiatives with the Celona private 5G solution, driving Connected Mines, Connected Supply Chains, Connected Warehouses, and Connected Manufacturing throughout the region with a robust solution that will drive business success.”

    About Celona
    Based in Silicon Valley, Celona is a pioneer and leading innovator of enterprise private wireless solutions. The company offers a turnkey private 5G solution that enables enterprises to address their growing needs for secure and reliable wireless connectivity for critical business applications. Celona private 5G has been deployed by a wide range of global customers across industries. To date, the company has raised over $135 million in venture funding from Lightspeed Venture Partners, Norwest Venture Partners, NTT Ventures, Cervin Ventures, DigitalBridge and Qualcomm Ventures. For more information, please visit celona.io.

    About stc Group
    stc Group is an enabler of digital transformation, offering advanced solutions and driving a role in the digitization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across the Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe.
    To know more about stc group: Click here

    Media Contact:
    Lisa Garza
    Celona
    lgarza@celona.io
    510-366-2225

    The MIL Network

  • MIL-OSI Security: Beloit Man Sentenced to 22½ Years for Producing Child Pornography

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Misael Dominguez Adorno, 25, Beloit, Wisconsin, was sentenced today by U.S. District Judge William M. Conley to 22 ½ years in federal prison for producing child pornography. The prison term will be followed by 25 years of supervised release.  Dominquez Adorno pleaded guilty to this charge on October 9, 2024.

    In November 2022, Beloit Police received a CyberTip indicating that someone at Dominguez Adorno’s residence uploaded sexually explicit images onto the internet.  Based on the tip, officers obtained and executed a search warrant for the home, where they seized numerous cell phones, iPads, computers, and flash drives.

    Officers analyzed the devices and found videos of Dominguez Adorno engaged in sexually explicit conduct with five minors, whom officers were able to identify.  Officers also found that Dominguez Adorno had received sexually explicit images from a 6th minor victim.

    Judge Conley expressed concern that Dominguez Adorno only cared about getting what he wanted from each of his young victims, manipulating them to his advantage. Judge Conley also noted that Dominguez Adorno did not seem to realize that he had stolen part of each victim’s youth with his actions.

    The charge against Dominquez Adorno was the result of an investigation conducted by the Beloit Police Department, the Wisconsin Department of Justice, Division of Criminal Investigation, and the Federal Bureau of Investigation. Assistant U.S. Attorney Elizabeth Altman prosecuted this case.

    This investigation was a part of Project Safe Childhood (PSC), a nationwide initiative to combat child sexual exploitation and abuse. 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 www.justice.gov/psc.

    MIL Security OSI

  • MIL-OSI Security: Former University Employee Charged with Attempted Coercion and Enticement of a Minor

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    COLUMBIA, S.C. — Mohammad Ebrahim Torki Harchegani, 38, has been charged with attempted enticement of a minor for sexual activity.

    During a contested bond hearing, an FBI special agent testified that on Dec. 3-4, 2024, multiple agencies participated in an online chat operation targeting child sex offenders where an officer posed as a 14-year-old female. Torki, a legal permanent resident of the United States and Iranian citizen, engaged in sexually explicit conversations with the alleged 14-year-old girl. Torki ultimately traveled to the residence where he believed the girl was home alone to engage in sexual activities with her. He was arrested thereafter.

    Testimony was also presented that Torki was a researcher at the University of South Carolina at the time of the chat. Upon his arrest, his employment was suspended and his contract with the university was not renewed.

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

    Torki was ordered detained at the hearing. He faces a maximum penalty of life in prison.

    The FBI Columbia Field Office, the South Carolina Internet Crimes Against Children Task Force, and the Richland County Sheriff’s Department participated in the online chat operation and investigated the case. Assistant U.S. Attorneys Elle E. Klein and Winston Holliday are prosecuting the case.

    All charges in the indictment are merely accusations and defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI

  • MIL-OSI: Digital Tails Group, LLC. Announces Completion of Another Customer Project and Detailed Case Study

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Feb. 06, 2025 (GLOBE NEWSWIRE) — bowmo™, Inc. (OTC: BOMO), a New York City– based company powered by AI and XR/VR technologies who’s aim is to provide fully customizable SaaS Platforms to multiple industries (https://bowmo.com) (“bowmo,” “the Company”) and its recent merger partner OWNverse/Digital Tails Group (“DTG”), are pleased to announce the completion of another client project for Téchne , a European custom furniture manufacturer.

    Digital Tails Group developed a custom Configure, Price, Quote (CPQ) platform to simplify and automate the entire manufacturing and sales process – from product configuration to pricing and order placement – while adhering to budget constraints.

    A key component of this CPQ platform is the 3D configurator for real-time customization of various product attributes. This system gives customers a fast, easy and interactive way to “design” their own furniture right on the platform.

    Aleksey Shestakov, Chairman of the Board of OWNverse/Digital Tails and the Chief Technical Officer (CTO) of bowmo, Inc. summarized: “With the CPQ platform, Téchne can now streamline their manufacturing processes and automate time-consuming manual tasks, such as configuration checks and price calculations. The solution has been particularly impactful for their unique furniture designs, which previously required extensive manual effort to manage. Our solution has significantly reduced the time spent on designing and configuring products.”

    You can learn more about this family of innovations from bowmo and OWNverse/Digital Tails Group at: https://digital-tails.group/

    About bowmo, Inc.
    Bowmo Inc., (OTC: BOMO) is a New York City–based AI-powered software and services company that incorporates a novel set of technologies to build a platform that will deliver solutions for multiple industries. Bowmo’s flagship product seamlessly integrates AI and extended reality (XR) technologies to revolutionize recruitment and human resource (HR) processes.

    Building upon our multi-vertical platform, bowmo is poised to introduce a suite of future products catering to the cybersecurity, retail, sports, media/entertainment, and real estate sectors. This expansion underscores bowmo’s commitment to diversifying revenue streams and addressing diverse industry needs through advanced technological solutions. bowmo’s platform harnesses AI, machine learning (ML), deep learning (DL), blockchain, and process orchestration.

    About Digital Tails Group, LLC.
    Digital Tails Group (“DTG,” the “Company”) is an IT company specializing in software development using 3D technology, extended reality (XR) and artificial intelligence (AI). The DTG expertise in advanced technologies ranges from virtual reality (VR) experiences to smart AI algorithms, enabling us to help our clients improve their competitive strength through the application of advanced UI and knowledge technologies.

    About OWNverse, LLC.
    OWNverse is a virtual platform company that develops unique tools for creating targeted products and services for virtual spaces (“Metaverses”) by using the technology stack available through widely used Web2 platforms driven by AI. OWNverse allows for the integration of such tools to elevate the dimensionality of products and services, while offering such products and services within the spatially immersive 3D Internet—Web3. OWNverse aims to empower all users to become co-creators of the content. The main OWNverse ideology is to supply proven tools to users to provide real value for businesses and create virtual communities in numerous business sectors.

    Additional Information and Where to Find It
    Additional information is available on the Company’s website: https://www.bowmo.com. In addition, other information related to the Company is available at the SEC’s website at www.sec.gov, or by directing a request to: bowmo, Inc., 99 Wall Street, Suite 891, New York, NY 10005; or by phone at 212-398-0002.

    Cautionary Statement Regarding Forward-Looking Statements
    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimates,” “projects,” “intends,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, BOMO’s ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various software programs, changes in future customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond BOMO’s control. Except as may be required by law, bowmo, Inc. undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this release.

    The MIL Network