Category: KB

  • MIL-OSI: Nokia selected by City of Elberton to modernize broadband network and move from cable to 25G future

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia selected by City of Elberton to modernize broadband network and move from cable to 25G future

    • City of Elberton, Georgia, selects Nokia and partner ZCorum to update its aging cable broadband infrastructure and create a next-generation, 25G PON-ready fiber network.
    • Deployment marks a new digital chapter for Elberton, providing enhanced connectivity that will power the community’s education, healthcare, remote workforce and local innovations.
    • Nokia next-generation fiber and IP solutions help City of Elberton deliver on its commitment to provide faster, more reliable broadband services to its community.

    3 June 2025
    Espoo, Finland – Nokia today announced that the City of Elberton, located in Northeastern Georgia, selected its fiber and IP solutions to power its advanced broadband network serving more than 10,000 households.

    Working with ZCorum, the city will deploy Nokia’s next-generation fiber solutions and core IP routing technology as part of a broader modernization initiative that will replace its aging hybrid fiber-coaxial network. Capable of delivering multi-gigabit internet speeds, the new, future-proof, all-fiber network reflects the city’s bold commitment to deliver faster, scalable, more reliable broadband services to its residents and local businesses.

    Nokia’s fiber and IP technology will power Elberton’s new broadband network which will bring carrier-grade performance to the community. Leveraging Nokia’s fiber solution, Elberton can quickly establish a future-ready network that’s capable of addressing the growing demand for more capacity and enhanced broadband services.

    Designed to support a full range of PON technologies from XGS and 25G to 50G PON and beyond, Nokia’s solution gives Elberton the choice and flexibility to optimize its network to its specific business case and needs. Nokia’s MoCA Access solution will also be used to help ensure high-speed access is available in buildings that can’t be fiberized while its IP/MPLS routing solution establishes a scalable, reliable backbone infrastructure that’s capable of supporting the city’s growing broadband demands.
      
    ZCorum, a long-standing Nokia partner with deep operational and integration expertise, will supply, install and configure the technology on-site. ZCorum will also provide ongoing technical and operational support, ensuring a smooth rollout and sustained network performance.
    ZCorum has been providing managed broadband services and support to the City of Elberton since the municipality first launched cable modem service in 2001 and was instrumental in the city’s decision to upgrade to fiber and their choice of technology.  

    “The City of Elberton is taking the right step by investing in a reliable, future-proof fiber network that has virtually no limits in terms of the bandwidth it can deliver to meet current or future demands,” said Mark Klimek, Vice President of Fixed Networks, Nokia.

    “We’re proud to work alongside Nokia in supporting Elberton’s broadband evolution. Our mission is to make sure cities like Elberton aren’t left behind in the digital economy, and this network will be a game-changer for the region,” said Julie Compann, President and CEO, ZCorum.

    “The transformation of our city-wide network will provide enhanced connectivity that will open new doors to education, healthcare, remote work, and local innovation—marking a new digital chapter for Elberton,” said R. Daniel Graves, Mayor for the City of Elberton.                                                    

    Multimedia, technical information and related news 
    Web Page: Accelerate into Gigabit with fiber
    Web Page: Gigabit Connect
    Web Page: IP Networks
    Product Page: Altiplano Access Controller
    Product Page: Lightspan MF fiber access nodes
    Product Page: Fiber ONTs

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

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

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

    About ZCorum
    ZCorum provides a suite of broadband diagnostics and managed services to cable companies, telephone companies, utilities, and municipalities. As broadband providers face greater complexity and competition, ZCorum continues to help operators increase operational efficiency and reduce costs, while improving subscriber experience. This is achieved through ZCorum’s diagnostics solutions for DOCSIS, DSL and Fiber networks, plus managed services that include data and VoIP provisioning, residential and commercial VoIP service, branded email and Web hosting, along with 24×7 support for end-users. ZCorum is headquartered in Alpharetta, GA. For more information, please visit http://www.ZCorum.com.

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

    ZCorum
    Rick Yuzzi
    Phone: 678-507-5000
    Email: ryuzzi@zcorum.com

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    The MIL Network

  • MIL-OSI: Big Idea Ventures and Mars Petcare Launch 2025 Global Pet Food Innovation Program in Collaboration with AAK, Bühler, and Givaudan

    Source: GlobeNewswire (MIL-OSI)

    Building on the success of last year’s program, the second round aims to find the next cohort of trailblazers who can deliver innovation in the sustainable pet food space.

    Startups from around the world are invited to apply, with selected participants to showcase their solutions at the Asia-Pacific Agri-Food Innovation Summit.

    The program continues to unite leading food and pet care experts to accelerate sustainable pet food innovation.

    New York, NY , June 03, 2025 (GLOBE NEWSWIRE) — Following the success of last year’s program, Big Idea Ventures and Mars Petcare will launch the second round of the Next Generation Pet Food Program, in collaboration with AAK, Bühler, and Givaudan.

    This initiative aims to accelerate sustainable innovation in the pet food sector by supporting startups with novel ingredients, sustainable fats and proteins, and advanced processing technologies.

    Mars is exploring alternative ingredients in its pet food products to create more sustainable, future-ready nutrition. As consumer preference evolves Mars is working to give pet parents the opportunity to make more environmentally conscious choices, while taking steps to reduce its own carbon footprint.

    This year, Givaudan, a global leader in taste and wellbeing, joins AAK and Bühler as a collaborator, offering expertise in ingredient innovation and product development for humans and pets.

    Andrew D. Ive, Founder and Managing General Partner of Big Idea Ventures, stated:
    “Working with Mars last year was fantastic! We want to take the learnings and implement them on a big scale as we continue to search for and develop sustainable solutions for the pet food ecosystem. Last year, the teams from Mars Petcare, Bühler, and AAK offered invaluable insights to our startups. Now, by integrating Givaudan into the mix, we will further enhance the resources available to the startups we choose.”

    Paul Gardner, Commercial VP, Mars Pet Nutrition added: “We must invest in innovation to help us source the best ingredients and build a future where the planet stays healthy, and where people and their pets are thriving. We’re excited to be launching the second round of this program harnessing the creativity of startups, alongside partners that share our vision”

    “We were thrilled at the enthusiastic response we got from last’s program. It is a testament that innovative startups are the driving force behind the future of sustainable pet nutrition. The program offers a unique opportunity for visionary entrepreneurs to collaborate with leading industry experts, access state-of-the-art technology, and accelerate their impact on the global petfood market. I encourage all startups with bold ideas and a passion for transformation to apply and help us shape a healthier, more sustainable future for pets and planet alike,” said Dr. Ian Roberts, CTO at Bühler Group.

    Niall Sands, President Commercial Innovation and Development, AAK, shared that the company is excited to support pet food innovators to bring nutrition and health-promoting functionality to our beloved pets. They look forward to exploring how innovation in this space is helping pet parents support and care for our 4-legged family members.

    Fabio Campanile, Global Head of Science & Technology, Givaudan Taste & Wellbeing, noted, “Givaudan is excited to be part of this program as it presents a unique opportunity to collaborate with innovative startups and partners, paving the way for a more sustainable and enriching world for pets. We look forward to building on our current capabilities in the pet food space as well as exploring new technologies.”

    Companies selected for the program will benefit from expert guidance, potential commercial partnerships, and the opportunity to showcase their solutions on a global stage at Asia-Pacific Agri-Food Innovation Summit in Singapore from November 4–6, 2025.

    Winners of the 2024 Global Pet Food Innovation Program include BiomeMega, Anomaly Bio, KIDEMIS, String Bio Private Limited, MiAlgae, who have been under the mentorship of Big Venture Idea, Mars, AAK and Bühler. The startups have gained insights from top pet food experts and collaborated with leading CPG, ingredient, and technology companies to further develop their concepts with the potential to develop future long-term collaborations.

    The program is open to startups from around the world, with a strong preference for scalable solutions that can demonstrate real-world impact and sustainability. While APAC-based startups are preferred, companies from all geographies are encouraged to apply.

    For more information, visit bigideaventures.com/petfoodprogram. Interested startups are encouraged to apply here as early as possible and will be able to do so until July 16.

     

    Media contacts:

     

    Bühler:

    Dalen Jacomino Panto, Media Relations Manager

    Bühler AG, 9240 Uzwil, Switzerland

    Phone: +41 71 955 37 57

    Mobile: +41 79 900 53 88

    E-mail: dalen.jacomino_panto@buhlergroup.com

    Katja Hartmann, Media Relations Manager

    Bühler AG, 9240 Uzwil, Schweiz

    Mobile: +41 79 483 68 07

    E-mail: katja.hartmann@buhlergroup.com

    Givaudan:

    Jeff Peppet, Content and Communications Director, T&W

    jeff.peppet@givaudan.com

    +1 513 293 3740

    AAK:

    Carl Ahlgren

    Head of Investor Relations and Corporate Communication

    IR, Communications and Brand

    Malmo, Sweden

    +46706810734

    carl.ahlgren@aak.com

    Mars:

    Alex Lloyd, Global R&D Communications Senior Manager

    Email: alex.lloyd@effem.com

    Big Idea Ventures:

    259 Nassau St Ste 2, #1292 Princeton, NJ 08542

    Shruti Salkar

    Email: news@bigideaventures.com

    About the Partners

    Big Idea Ventures

    Big Idea Ventures is the leading investor in food and agri technology globally. As one of the most active investors in the food-tech, agri-tech, and materials science sectors, we focus on identifying and investing in the most innovative and sustainable technology companies around the world. We collaborate with universities for tech transfer and by combining capital, knowledge, and partnerships, we drive economic growth and help to create food ecosystems. Our collaborations with leading corporations and governments aim to support entrepreneurs, scientists, and engineers in solving some of the world’s biggest challenges. Big Idea Ventures has teams in New York, Paris and Asia and has invested in more than 120 companies across 30 countries.

    www.bigideaventures.com

    Mars, Incorporated

    Mars, Incorporated is driven by the belief that the world we want tomorrow starts with how we do business today. As a $50bn+ family-owned business, our diverse and expanding portfolio of leading pet care products and veterinary services support pets all around the world and our quality snacking and food products delight millions of people every day. We produce some of the world’s best-loved brands including ROYAL CANIN®, PEDIGREE®, WHISKAS®, CESAR®, DOVE®, EXTRA®, M&M’S®, SNICKERS® and BEN’S ORIGINAL™. Our international networks of pet hospitals, including BANFIELD™, BLUEPEARL™, VCA™ and ANICURA™ span preventive, general, specialty, and emergency veterinary care, and our global veterinary diagnostics business ANTECH® offers breakthrough capabilities in pet diagnostics. The Mars Five Principles — Quality, Responsibility, Mutuality, Efficiency and Freedom — inspire our 150,000 Associates to act every day to help create a better world for people, pets and the planet.

    www.mars.com

    AAK

    Everything AAK does is about Making Better Happen™. We specialize in plant-based oils and fats, the value-adding ingredients in many products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK’s offer is Customer Co-Development, combining our desire to understand what Making Better Happen™ means for each customer, with the unique flexibility of our production assets, and deep knowledge of products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice, and Personal Care. Our 4,100 employees support our close collaboration with customers through 25 regional sales offices, 16 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and headquartered in Malmö, Sweden, AAK has been Making Better Happen™ for more than 150 years.

    www.aak.com

    Bühler

    Bühler is driven by its purpose of creating innovations for a better world, balancing the needs of economy, humanity, and nature in all its decision-making processes. Billions of people come into contact with Bühler technologies as they cover their basic needs for food and mobility every day. Two billion people each day enjoy foods produced on Bühler equipment; and one billion people travel in vehicles manufactured using parts produced with Bühler solutions. Countless people wear eyeglasses, use smartphones, and read newspapers and magazines – all of which depend on Bühler process technologies and solutions. Having this global relevance, Bühler is in a unique position to turn today’s global challenges into sustainable business. As a technology partner for the food, feed, and mobility industries, Bühler has committed to having solutions ready to multiply by 2025 that reduce energy, waste, and water by 50% in the value chains of its customers. It also proactively collaborates with suppliers to reduce climate impacts throughout the value chain. In its own operations, Bühler has developed a pathway to achieve a 60% reduction of greenhouse gas emissions by 2030 (Greenhouse Gas Protocol Scopes 1 & 2, against a 2019 baseline). Bühler spends up to 5% of turnover on research and development annually to improve both the commercial and sustainability performance of its solutions, products, and services. In 2023, some 12,500 employees generated a turnover of CHF 3.0 billion. As a Swiss family-owned company with a history spanning 164 years, Bühler is active in 140 countries around the world and operates a global network of 105 service stations, 30 manufacturing sites, and Application & Training Centers in 25 locations.

    www.buhlergroup.com

    Givaudan

    Givaudan is a global leader in Fragrance & Beauty and Taste & Wellbeing. We celebrate the beauty of human experience by creating happier, healthier lives with love for nature. Together with our customers, we deliver food experiences, craft inspired fragrances, and develop beauty and wellbeing solutions that make people look and feel good. From your favourite drink to your daily meal, from prestige perfumes to laundry care, our products help people live happier and healthier lives, and we create them in a way that respects natural resources and the environment.

    www.givaudan.com

    The MIL Network

  • MIL-OSI: Crypto Exchange BexBack Offers 100x Leverage, No KYC, and Up to 10 BTC Bonus for New Users

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) — BexBack, a rising star in the crypto derivatives industry, today announced the official launch of its global crypto futures trading platform. The exchange offers up to 100x leverage, a 100% deposit bonus, and no KYC requirement, giving users around the world unprecedented access to fast, private, and flexible crypto trading.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    Built for traders of all levels, BexBack supports over 50 major crypto contracts, including BTC, ETH, XRP, SOL, and ADA. With zero spreads, no slippage, and lightning-fast execution, it delivers an institutional-grade trading experience optimized for speed and precision.

    “Our mission is to empower traders — without the limitations imposed by traditional platforms,” said David, Operations Director at BexBack. “From high leverage to fast onboarding, we remove the friction and put powerful tools in the hands of every user.”

    Double Bonus for New Users

    New users who deposit at least 0.001 BTC or 100 USDT are eligible for a 100% deposit bonus. After completing their first trade (open and close a position), users can request the $50 welcome trading bonus by emailing support@bexback.com. Once verified, the bonus will be credited to their USDT-M futures account within 24 hours.

    This $50 bonus can be used to open leveraged positions or offset potential losses, giving new traders a practical edge in volatile markets.

    Key Highlights of BexBack:

    • Up to 100x leverage on 50+ crypto contracts
    • Zero spread and no slippage execution
    • No KYC required for trading
    • Mobile and desktop friendly interface
    • Funding fee charged only once per day
    • Supports BTC, USDT, ETH, XRP, ADA, SOL and more

    BexBack has rapidly gained traction, with over 500,000 users from 200+ countries and regions. The company is registered with the U.S. FinCEN as a Money Services Business (MSB), and headquartered in Singapore with support offices in Hong Kong and other regions.

    About BexBack

    BexBack is a next-generation crypto futures trading platform that offers up to 100x leverage, deep liquidity, zero KYC onboarding, and exclusive deposit bonuses. Focused on speed, security, and user empowerment, BexBack is committed to providing a high-performance experience for traders worldwide.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/587023cc-a549-4169-93e6-497f920fbe52

    https://www.globenewswire.com/NewsRoom/AttachmentNg/27e2a3c6-8195-4664-a32e-03d63cfc1161

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c676118c-e7a3-46de-adb3-04e387bf81b7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3311d6e2-ff0d-4107-9893-bf1883a2b2ef

    https://www.globenewswire.com/NewsRoom/AttachmentNg/64fef48b-6d50-42f5-a453-604aa1733714

    The MIL Network

  • MIL-OSI: Standard Premium Finance Holdings Positioned as Safe Haven Amid Rising Tariff Pressures

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) — Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today reaffirmed its position as a stable, growth-oriented domestic investment option amid rising global trade tensions and tariff-related market volatility. The Company’s U.S.-focused business model remains shielded from international trade risks, supporting continued growth performance and resilience.

    “Standard Premium operations are entirely domestic, highly regulated and unrelated to global supply chains,” says William Koppelmann, CEO, Standard Premium. “We remain impervious to the kind of market disruptions that tariffs often create across most sectors.”

    Standard Premium’s core business initiatives are rooted in a steady, service-driven model that is focused on achieving measurable growth milestones. With low exposure to international volatility and a track record of profitable growth, the Company continues to offer investors clarity and consistency.

    “We believe disciplined, transparent business models like ours offer long-term value and stability with expanded profitability, investments in growth opportunities and increased shareholder value through all market cycles,” Koppelmann adds.

    The Company also recently announced a $250,000 stock repurchase program, reinforcing confidence in its strategic direction and financial strength. The program, which runs through November 2, 2025, offers flexibility to return capital to shareholders while supporting continued growth. Backed by record profitability in FY 2024 and Q1 2025, Standard Premium remains dedicated to disciplined expansion, accelerating growth, shareholder value creation and leveraging its operational momentum to drive sustainable long-term performance across evolving market conditions.

    About Standard Premium Finance Holdings, Inc. 

    Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over $2 Billion of property and casualty insurance policies since 1991. We currently operate in 38 states and are seeking M&A opportunities of synergistic businesses to leverage economies of scale. https://www.standardpremium.com/ 

    Cautionary Statement Regarding Forward-Looking Statements
    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook, including the Company’s current plans concerning the stock repurchase plan. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.

    Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2025 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com. 

    Media:
    Nicholas Turchiano
    CPR Marketing
    nturchiano@cpronline.com  
    201-641-1911×35

    The MIL Network

  • MIL-OSI: WTW appoints Eric McMurray chairman of Health, Wealth & Career and Anne Pullum as global Health & Benefits business leader

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Towers Watson, a WTW business, (NASDAQ:WTW), today announced the appointment of Eric McMurray as Chairman, Health, Wealth & Career (HWC). In this role, McMurray will support M&A readiness, strategy execution, client growth and senior leadership development. The role will be effective July 1 as McMurray completes his current role as global head of Health & Benefits.

    Anne Pullum has been appointed to succeed McMurray as the global leader of the Health & Benefits business. She will also continue her role as co-head of Corporate Development and, as such, serve on WTW’s executive leadership team. Previously, Pullum was the head of Corporate Risk & Broking for Europe and head of strategy for WTW.

    “Eric’s thoughtful and strategic leadership transformed our substantial H&B business into an even stronger one over the past few years,” said Julie Gebauer, President of Health, Wealth & Career. “I’m pleased we will have Eric’s energy focused on HWC’s next phase.”

    “With Anne we have an experienced leader who understands both the consulting and broking sides of our Health & Benefits business. She is ready to build on the successes so we can bring vital healthcare coverage and benefits – and breakthroughs that matter – to even more people.”

    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 perspective that moves you.

    Media contacts

    Ileana Feoli: +1 212 309 5504
    Ileana.feoli@wtwco.com

    Jamie Kilduff: +44 20 7170 3746
    Jamie.kilduff@wtwco.com

    The MIL Network

  • MIL-OSI: Survey from Mitsubishi HC Capital America Highlights Barriers to Modernizing Supply Chains Amid Market Uncertainty

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 03, 2025 (GLOBE NEWSWIRE) — Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, conducted a survey of clients across the transportation and construction industries to understand the challenges of modernizing supply chains. As manufacturers look to modernize operations and plan for future growth, these survey results will be a powerful tool for developing resilient and informed strategies for industry leaders.

    Supply chain challenges impact more than just the flow of materials — they influence project timelines, production costs, and a borrower’s ability to repay loans. For financing leaders at manufacturing organizations, these disruptions can create significant uncertainty for short-term and long-term planning. Mitsubishi HC Capital America’s recent survey results offer valuable, real-world insights that help leaders assess risk more accurately and align financing strategies with market realities.

    Survey Key Findings
    The survey findings underscore the complex and rapidly evolving challenges businesses face today. Although emerging technologies aren’t yet seen as major disruptors, policy changes and tariffs are starting to make a noticeable impact. In response, companies are taking varied approaches — some anticipate little change in their equipment needs, while others are preparing to replace aging assets or adapt their strategies to navigate growing economic uncertainty.

    At the same time, modernizing operations remains a significant hurdle for many organizations. Rising transportation costs and volatile market conditions continue to complicate efforts, particularly when integrating new technologies with outdated infrastructure — a challenge cited by 90% of survey respondents. To navigate these complexities, businesses are increasingly turning to creative financing solutions. An overwhelming 90% indicated they are likely to leverage financing for new equipment purchases to manage immediate financial pressures while investing in long-term growth. Among them, 68% preferred long-term, low-payment financing structures that support their strategic planning, as 48% cited high equipment costs as their most significant modernization challenge. Meanwhile, workforce challenges persist, with nearly half of respondents (46%) reporting issues related to a skills gap or talent shortage, adding another layer of challenges to adapting to today’s market.

    Other key insights include:

    • Rising Costs: 74% of respondents reported equipment costs have increased in the past year, with 47% seeing significant increases.
    • Skills Gap: 46% of organizations are experiencing talent shortages, with equipment purchases (53% of those addressing shortages) emerging as a key strategy to address workforce challenges.
    • Modernization: 70% consider their organizations “on track” with modernization efforts despite significant challenges, with 37% assessing their technology needs annually.
    • Business Pipeline: 69% report stable or increasing business pipelines currently, with 44% expecting continued growth in the next six months.
    • Operational Challenges: The main performance issues are staffing shortages, supply chain disruptions, and technology limitations. Some respondents also mention difficulties in accessing financing.
    • Equipment Investment: 47% of organizations purchased new equipment within the last year, with an additional 41% making purchases in the last 1-3 years, demonstrating continued investment despite economic challenges.
    • Transportation Sector Needs: 50% of respondents identified transportation and logistics as requiring the most modernization, highlighting significant pressure in this critical sector. Respondents cited specific challenges including “instability in transportation” and concerns about “transportation rates and fuel costs.”

    The survey also highlights a significant gap between how businesses currently finance equipment and their preferences. While 74% of organizations rely on traditional bank loans for equipment acquisition, the strong preference for flexible, long-term financing options indicates a significant opportunity for alternative financing approaches that better align with today’s economic realities. This is particularly relevant as businesses balance immediate cost pressures with long-term modernization needs.

    Ultimately, the survey results underscore the multifaceted challenges that organizations face as they work to modernize in a dynamic market. From rising operational costs to labor shortages, adapting is far from straightforward. However, the preference for innovative financing solutions reflects a shift in strategy as manufacturers balance short-term pressures with long-term objectives.

    Click here to learn more about the survey results.

    About Mitsubishi HC Capital America

    Mitsubishi HC Capital America is a commercial finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers, and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit Mitsubishi HC Capital America for more information.

    The MIL Network

  • MIL-Evening Report: Motarilavoa Hilda Lini, ‘a trailblazer’ for Vanuatu women in politics, dies

    RNZ Pacific

    Motarilavoa Hilda Lini, a pioneering Ni-Vanuatu politician, has died.

    Lini passed away at the Port Vila General Hospital on Sunday, according to local news media.

    Lini was the first woman to be elected to the Vanuatu Parliament in 1987 as a member of the National United Party.

    Motarilavoa Hilda Lini in 1989 . . . She received the Nuclear-Free Future Award in 2005. Image: Wikipedia

    She went on to become the country’s first female minister in 1991 after being appointed as the Minister for Health and Rural Water Supplies. She held several ministerial portfolios until the late 1990s, serving three terms in Parliament.

    While Health Minister, she helped to persuade the World Health Organisation to bring the question of the legality of nuclear weapons to the International Court of Justice in The Hague.

    She received the Nuclear-Free Future Award in 2005.

    She was the sister of the late Father Walter Lini, who is regarded as the country’s founding father.

    Chief of the Turaga nation
    She was a chief of the Turaga nation of Pentecost Island in Vanuatu.

    “On behalf of the government, we wish to extend our deepest condolences to the Lini family for the passing of late Motarilavoa Hilda Lini — one of the first to break through our male-dominated Parliament during those hey days,” the Vanuatu Ministry for the Prime Minister said in a statement today.

    “She later championed many causes, including a Nuclear-Free Pacific. Rest in Peace soldier, for you have fought a great fight.

    In a condolence message posted on Facebook, Vanuatu’s Speaker Stephen Dorrick Felix Ma Au Malfes said Lini was “a trailblazer who paved the way for women in leadership and politics in Vanuatu”.

    “Her courage, dedication, and vision inspired many and have left an indelible mark on the history of our nation.

    “As Vanuatu continues to grow and celebrate its independence, her story and contributions will forever be remembered and honoured. She has left behind a legacy filled with wisdom, strength, and cherished memories that we will carry with us always.”

    A Vanuatu human rights women’s rights advocate, Anne Pakoa, said Lini was a “Pacific hero”.

    ‘Wise and humble leader’
    “She was a woman of integrity, a prestigious, wise and yet very humble woman leader,” Pakoa wrote in a Facebook post.

    Port Vila MP Marie Louise Milne, the third woman to represent the capital in Parliament after the late Lini and the late Maria Crowby, said “Lini was more than a leader”.

    “She was a pioneer . . . serving our country with strength, dignity, and an unshakable commitment to justice and peace. She carried her chiefly title with pride, wisdom, and purpose, always serving with the voice of a true daughter of the land,” Milne said.

    “I remember her powerful presence at the Independence Day flag-raising ceremonies, calling me ‘Marie Louise’ in her firm, commanding tone — a voice that resonated with leadership and care.”

    “Though I am not in Port Vila to pay my last respects in person, I carry her memory with me in my heart, in my work, and in my prayers. My thoughts are with the Lini family and all who mourn this national loss.”

    She said Lini’s legacy lives on in every woman who rises to serve, in every ni-Vanuatu who believes in justice and unity.

    “She will forever remain a symbol of strength for Vanuatu and for all Melanesian women.”

    Motarilavoa Hilda Lini will be buried in North Pentecost tomorrow.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • India to build first-ever Polar Research Vessel as GRSE signs MoU with Norway’s Kongsberg

    Source: Government of India

    Source: Government of India (4)

    In a major milestone for India’s maritime sector, the Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, witnessed the signing of a Memorandum of Understanding (MoU) between Kolkata-based Garden Reach Shipbuilders and Engineers Limited (GRSE) and Norwegian firm Kongsberg, marking the beginning of India’s journey to build its first-ever Polar Research Vessel (PRV).

    The MoU was signed during Sonowal’s official visit to Norway as part of the Nor-Shipping 2025 event, highlighting India’s commitment to advancing oceanic and polar research capabilities while strengthening its indigenous shipbuilding industry under the ‘Make in India’ initiative.

    “Let this MoU be a beacon of hope and progress,” said Sonowal at the signing ceremony. “Together, we are building not just a vessel but a legacy of innovation, exploration, and international cooperation. Under the leadership of Prime Minister Shri Narendra Modi ji, this vessel represents a leap in India’s capabilities in ocean research and climate action.”

    The PRV will be developed with design expertise from Kongsberg and constructed by GRSE in Kolkata. It will cater to the requirements of the National Centre for Polar and Ocean Research (NCPOR), enabling scientific exploration in the polar and Southern Ocean regions. Equipped with state-of-the-art scientific instruments, the vessel will support marine research, ecosystem studies, and contribute to global climate change efforts.

    GRSE’s extensive experience in building complex maritime platforms such as warships and research vessels positions it as a natural choice for this pioneering project. The initiative is expected to enhance India’s strategic autonomy in the polar research domain and bolster the country’s maritime R&D capacity.

    While in Norway, Sonowal also participated in a high-level ministerial panel on “Shipping and Ocean Business,” where he presented India’s expanded maritime strategy—MAHASAGAR (Mutual and Holistic Advancement for Security Across the Regions)—an upgrade from the earlier SAGAR initiative..

    Sonowal emphasized the government’s ambitious Sagarmala 2.0 programme, which focuses on infrastructure modernization, shipbuilding, recycling, and logistics to position India as a global maritime hub.

    The Union Minister also held a roundtable with the Norwegian Shipowners’ Association (NSA), inviting increased investment in India’s maritime sector. Speaking alongside NSA President Harald Fotland, Sonowal underscored the shared values of sustainability and innovation between the two nations.

    India’s shipyards currently handle 11% of NSA’s global order book. Sonowal called for further expansion of these orders and encouraged recruitment from India’s seafaring workforce—ranked second in NSA’s fleet.

    He highlighted investment opportunities under the $2.9 billion Maritime Development Fund and the Sagarmala initiative, and called for collaboration in green shipping, digital innovation through platforms like ONOP and MAITRI, and sustainable ship recycling. Notably, 87% of India’s ship recycling yards are now Hong Kong Convention (HKC) compliant.

  • MIL-OSI Security: Defense News: KAMANDAG 9 | 3d MLR Conducts Simulated Maritime Strikes with NMESIS

    Source: United States Navy

    BATANES ISLANDS, Philippines — Strategically positioned on an island in the Luzon Strait, U.S. Marines with 3d Littoral Combat Team, 3d Marine Littoral Regiment, 3d Marine Division, established a Fires Expeditionary Advanced Base (EAB) with the Navy-Marine Expeditionary Ship Interdiction System (NMESIS) and conducted simulated maritime interdiction as a part of Exercise KAMANDAG 9, June 1, 2025.

    MIL Security OSI

  • MIL-OSI Security: Defense News: U.S. Navy completes Integrated Battle Problem 25.5

    Source: United States Navy

    SASEBO, Japan – Navy units assigned to U.S. 7th Fleet concluded Integrated Battle Problem (IBP) 25.5, May 23, after spending nearly a week off the coast of Sasebo conducting a tactical warfighting rehearsal event that tests and develops fleet-centric concepts and capabilities.

    MIL Security OSI

  • MIL-OSI Banking: Launch of five-part documentary series on RBI

    Source: Reserve Bank of India

    The Reserve Bank of India, in collaboration with JioHotstar, has launched a five-part documentary series titled ‘RBI Unlocked: Beyond the Rupee’. The project has been produced by Chalkboard Entertainment.

    The project was commissioned by RBI to visually document its 90-year history, with the objective of creating awareness about its various functions and roles.

    The RBI, as a full-service central bank, performs a wide range of functions including currency management, monetary policy, regulation and supervision of banks and NBFCs, regulation of currency and interest rate, markets and payment and settlement systems, and financial inclusion. This documentary portrays the essence of RBI’s functions in an intelligible manner to a wider demographic of people.

    The documentary provides a first-time insight into the working of the RBI. The episodes, starting on June 03, 2025 can be viewed at https://hotstar.com/1271419667

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/471

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Lincolnshire County Council withdraws from the GDF siting process

    Source: United Kingdom – Executive Government & Departments

    News story

    Lincolnshire County Council withdraws from the GDF siting process

    Lincolnshire County Council’s Executive Board has made the decision to withdraw from the GDF siting process and will no longer be a member of Theddlethorpe GDF Community Partnership.

    Nuclear Waste Services (NWS) has been engaging with communities in the Search Area in Lincolnshire since the establishment of a Working Group in October 2021 and the subsequent creation of a Community Partnership in June 2022.

    The UK Government’s GDF siting process in England and Wales is consent-based and requires Nuclear Waste Services to identify both a suitable site and a willing host community. This means if the community does not express support for a GDF, it won’t be built there.  

    Simon Hughes, NWS Siting and Communities Director, said:

     NWS has to date granted over £2million to support local community projects in the area and we are pleased to have left a lasting positive legacy for local people. We will now take the immediate steps needed to close the Community Partnership and the communities of Withern and Theddlethorpe, and Mablethorpe will leave the GDF siting process

    The GDF is a Nationally Significant Infrastructure Project (NSIP), that is unique in commencing public engagement very early in the process. This is considered an advantage of the UK Government Policy that NWS is working to, as it engages communities and stakeholders right at the start of the project.

    The siting process will continue to progress as we engage with the two Community Partnerships in Mid and South Copeland, who are already learning more about this vital project and the benefits and opportunities it could bring. We will also consider opportunities for more communities to join the siting process. 

    GDFs are internationally recognised by governments and scientists as the best solution for the long term management of the most hazardous radioactive waste.

    Updates to this page

    Published 3 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: expert reaction to unpublished conference abstract in which scientists propose a new approach for classifying processed foods

    Source: United Kingdom – Executive Government & Departments

    A conference abstract presented at the annual conference of the American Society for Nutrition looks at a new approach for classifying processed foods. 

    Prof Martin Warren, Chief Scientific Officer and Group Leader, the Quadram Institute, said:

    “Refining the definition of processed food is key to improving scientific precision as the current NOVA categories, especially “ultra-processed foods” (UPFs), are too broad and vague, grouping diverse foods together based on processing techniques rather than nutritional composition or health outcomes.  Clearly, more precise definitions would allow for more appropriate research on diet and health outcomes.

    “This also has implications for policy and regulation, as governments and organizations use NOVA to shape food labelling laws as well as dietary guidelines.

    “Currently, there is a mismatch with nutrient profiling with some foods classified as UPFs being nutritionally adequate or even beneficial (e.g., some plant-based alternatives, fortified foods).  A refined system could integrate both processing level and nutritional quality, enabling more balanced assessments.

    “It’s difficult to tell about the quality of this abstract without more detailed analysis of the paper – but the general description and approach seems logical and robust.

    “A step in the right direction but there is a lot of work to do with encouraging people to address the need to adopt the five-a-day recommendation, which has such clear health benefits.”

    Prof Eileen Gibney, Professor in the School of Agriculture and Food Science, University College Dublin (UCD), said:

    “This is an interesting piece of work.

    “It attempts to address some of the criticisms of the current dialogue around the topic of ultra processed foods.  As the authors state some of the issues raised in relation to the current definitions used in the UPF discussion is that you can have two distinctly different foods – a sweet or ‘candy’ bar (e.g. chocolates / sweets) in the same category as a fortified sugar-free whole grain breakfast cereal.  This makes it complicated to use the concept of UPF in nutritional guidance, and nutritional advice.  You can’t ask individuals to simply remove all UPF from a diet, as this leaves little choice for the consumer, and would be incredibly hard for people to follow.  What we need to do is to understand which processed foods to minimise, and those that are in fact beneficial in a diet.

    “The work presented here looks more closely at the ingredients, determining which are processed and not, as well as their known impact on health, it then considers how much added sugar the food contains, and how the combined ingredients impact on health, penalising foods with ingredients which have evidence for increased risk of disease.

    “Essentially this scoring system aims to consider the level of processing (by considering the ingredients within the foods), but also considers evidence that links those ingredients with health outcomes.  This more nuanced evidenced based approach appears to then discriminate foods that have been processed for benefit (e.g. sugar free fortified breakfast cereal) versus those that do not give any nutritional or health benefit e.g. a chocolate bar.

    “This differentiation is important as it means that we are not simply considering the ‘presence of processing’ in a food, as the existing categorization does, but using an evidence based approach, informed by scientific evidence that demonstrates if a processing step, and/or ingredient actually impacts health.  Evidence based approaches to the provision of nutritional advice is really important, and underpins our approach to public health.  It will be important that this scoring system is updated as and when new evidence is available.”

    Prof Helen Roche, Full Professor of Nutrigenomics (Nutrition and ‘Omics’), Director Of Academic Centre – Conway Institute School of Public Health, Physiotherapy and Sports Science, University College Dublin (UCD), said:

    “It is an example of nice research which advances the ways we can enhance and improve classification of healthy versus unhealthy foods, based on sound, systematic science, to better inform the consumer.  It is very difficult to distinguish processed from non-processed food and their potential impact on health.  Take for example lasagne, if you make it yourself at home versus a highly processed version, which by virtue of inferior ingredients and extensive food processing – the end products are very different in terms of nutritional quality.  The new classification system proposed WISEcode UPF has the potential to more accurately classify processed versus non-processed foods – which when presented in an app might help support consumers choice towards more healthy food options.”

    Prof Alexandra Johnstone, Theme Lead for Nutrition, Obesity and Disease, Rowett Institute, University of Aberdeen, said:

    “The press release and abstract are very brief and do not allow for this novel research to be assessed for quality or rigor.  The experienced US-based research group present a novel scoring system to classify foods and ingredients according to processing and evidence of impact on health, in comparison to the existing NOVA scale which is commonly used to classify UPF.  There is very limited description on the validation of the tool and no perspective on limitations of the dataset.  For example, this is being presented at a US nutrition meeting and the trademark terms look to be only relevant for the US food system; it is not clear if this is transferrable in other countries.  Prior to a peer-review publication, it is difficult to comment further on the translation of the data.”

    Dr Amanda Avery, Associate Professor in Nutrition and Dietetics, University of Nottingham, said:

    “The NOVA system for classifying foods as ultra-processed or not has served us well since it was first introduced in 2009.  But it is time to look for an update given that we know that not all ultra-processed foods are equal and some can contribute to a healthy diet.  Also given the ever-increasing number of manufactured food products and increasing level of processing.

    “It is unsurprising that AI has been used to create an app with a scoring system using an assessment of ingredients weighted based on current scientific knowledge of the associated health risks, the percentage of calories that come from added sugars, and considerations for ingredients with known health concerns (such as high fructose corn syrup, artificial sweeteners, and salt).  Without further information, one assumes that there is also consideration of the positive health benefits of wholegrains providing dietary fibre.

    “This scoring system was applied to a large number of foods and many different food ingredients were considered.  The USA-based scientists found that the proposed scoring system was better able to differentiate between foods classified as ultra-processed compared to using the NOVA criteria.  As one would expect, and hope, there was less differentiation between those foods that are minimally processed.

    “It is unlikely that there will ever be a perfect system that accounts for all the nuances that weigh up the risks and benefits of processed food and health.  Food manufacturers continue to process food to develop products that are safe and appealing without always considering the wider health impact and of course the health impact is very dependent on how often and how many ultra-processed foods are included in an individual diet.  If included occasionally as part of an overall healthy and nutritionally balanced diet, the health risks will be considerably reduced.

    “Sadly, whilst such an app may be able to influence healthier food choices, people’s food choices are influenced by a number of factors.  Having a greater awareness of the level of processing and ingredients included in a product may not influence choice for everyone.  Price for many has a huge influence on the food choices they make, and sadly ultra-processed foods often remain the cheaper option.  One exception is that instore brands can often have a better nutritional profile compared to the equivalent branded product and such technology may provide consumers with a greater awareness of this – which is great.

    “The abstract being presented is very much describing the development of the app.  There does not seem to be any robust evaluation of the use of the app that demonstrates conclusive evidence of the value of the app in improving consumer food choice or the wider health benefits.  It would also be good to know if the ability for consumers to be able to compare similar products changes food manufacturing practices to reduce the level of processing and use of artificial ingredients.

    “The app has been developed in the USA and whilst a large number of foods and ingredients have been used as part of the development, there are differences in the foods that are available in the UK.”

    Abstract title: ‘Ultra-Processed Foods Are Not All Alike: A Novel, Objective Approach to Differentiate Among Processed Foods Including Those Classified As NOVA 4’ by Richard Black et al.  It will be presented at the NUTRITION 2025 conference, and is under embargo until 15:00 UK time on Tuesday 3 June 2025.

    There is no paper.

    Declared interests

    Prof Martin Warren: “The Quadram Institute is a UK science national capability strategically supported by the Biotechnology and Biological Sciences Research Council, and also receives funding from other government agencies, national and international charities, and limited funding from industry (six per cent of total funding in 2022/23 came from industry).

    Martin’s not got any interests to declare.”

    Prof Eileen Gibney: “Eileen R. Gibney is a Professor of Nutrition in University College Dublin, and Director of the UCD Institute of Food and Health.  Over the last 5 years she has received research funding through the following; Enterprise Ireland for Technology Centre – Food for Health Ireland (www.fhi.ie) project, co-funded with core partners Carbery, Kerry, Tirlan, Dairygold & Bord Bia; Research Ireland for the Insight Centre for Data Analytics and Co-Centre for Sustainable Food Systems; Horizon Europe most recently in projects such as FNSCloud, PLANEAT and MarieCurie CareerFIT; PhD studentship funding from Société des Produits Nestlé, Switzerland; UCD Foundation and McCarrick Family has provided funding for PhD studentship.

    A travel bursary including Registration, Accommodation and Honorarium for attendance and speaking at the Nestle International Nutrition Symposium 2025, was provided by Société des Produits Nestlé, Switzerland.

    Eileen R Gibney has completed consultancy work for the following; Société des Produits Nestlé, Switzerland; Irish Advertising Standards Agency, Food Safety Authority of Ireland.  No personal payment was received, all payments were made into a research fund through Consult UCD.”

    Prof Helen Roche: “I have no conflict of interest with respect to the study I commented on.”

    Prof Alexandra Johnstone: “AJ holds voluntary roles within the UK Nutrition Society, Association for the Study of Obesity and British Nutrition Foundation.

    FIO Food Grant

    https://www.abdn.ac.uk/rowett/research/fio-food/

    DIO Food Grant

    https://www.abdn.ac.uk/rowett/research/dio-food/.”

    Dr Amanda Avery: “Besides my academic position at the University of Nottingham, I also hold a position at Slimming World as Consultant dietitian in the Nutrition, Research & Health Policy team. 

    I have no other conflicts of interest to declare.”

    MIL OSI United Kingdom

  • MIL-OSI United Nations: “Through Her Lens”: New UN Photo Exhibit Celebrates Women Leading Peace

    Source: United Nations – Peacekeeping

    New York, 7 June 2025 – This June, the United Nations will unveil a compelling new photo exhibit at New York’s Photoville Festival, bringing global attention to the leadership, courage and impact of women and their allies driving peace in some of the world’s most volatile places. Featuring original photos by local women photographers, the exhibition spotlights women peacebuilders, human rights defenders, UN peacekeepers and grassroots activists whose stories are too often overlooked. Their portraits and environments reflect both the challenges of conflict and the possibilities that emerge when women lead.

    Launched in commemoration of the 25th anniversary of UN Security Council resolution 1325 (2000), the exhibition highlights the Women, Peace and Security (WPS) agenda which recognises not only the disproportionate impact of conflict on women but also their indispensable role in shaping peace, building trust, and leading transformative change.

    “The fight for gender equality is not just about fairness,” said United Nations Secretary-General António Guterres in his remarks at the 2025 International Women’s Day commemoration in New York. “It is about power – who gets a seat at the table, and who is locked out. Simply put, when women and girls rise, everyone thrives.”

    Captured across eleven settings – Abyei, Cyprus, the Central African Republic, the Democratic Republic of the Congo, Haiti, Kosovo, Lebanon, Mozambique, Occupied Palestinian Territory, South Sudan and Sudan – the images tell a collective story of resilience, resistance, and transformation.

    “Too often, the role of women in peace processes and trust building is overlooked or underrepresented,” said Laura Hasani, a photojournalist from Kosovo with over 25 years’ experience. “These photos aim to change that, so the world sees and hears from the women who are rebuilding communities and leading change.”

    In Haiti, Clyfane Saintil, a feminist activist and nonprofit leader featured in the exhibit, helps Haitian girls and women build confidence to claim their rights and shape their futures. “Change begins in our communities, where women and girls rise, and when men choose to be allies rather than obstacles,” she said.

    Through the lens of those living the realities of conflict, the exhibition reframes how we see women: not only as victims, but as architects of peace and justice. It also calls on governments, international organisations, and communities to recommit to the promise of the WPS agenda, which remains as urgent today as it was 25 years ago.

    Through Her Lens: Women Rising for Peace is a collaboration between the United Nations Department of Peace Operations and Department of Political and Peacebuilding Affairs, UN Women, and the Elsie Initiative Fund. Premiering in Brooklyn Bridge Park on 7 June 2025, it will remain open to the public until 22 June, then travel to some of the countries featured before reaching the European Parliament in Brussels and, in October, UN Headquarters in New York, among others.

    The exhibition is supported by the governments of Australia, Canada, Denmark, the European Union, Finland, Germany, the Netherlands, Norway, Sweden, the Republic of Korea and the United Kingdom, whose generous contributions made it possible to share these powerful stories worldwide.

    The exhibition is free to view from June 7-22, 2025, at the Photoville Festival, Brooklyn Bridge Park, Pier 1, New York City.

    Find out more: Through Her Lens: Women Rising for Peace – Photoville Festival

    Download the digital assets: Trello board

    Note to the editors: The ‘Through Their Lens: Women Rising for Peace’ photo exhibition is underpinned by the principles outlined in United Nations Security Council resolution 1325 (2000) and subsequent nine resolutions on Women, Peace and Security. The resolutions recognise the importance of women’s full, equal and meaningful participation in conflict resolution and call for greater inclusion of women in peacemaking and decision-making at all levels in peace and political processes.

    * * * *

    Media contacts:

    UN Department of Peace Operations

    Sophie Boudre

    Email: boudre@un.org

    Tel.: +1 917 691 5359

    Milly Copping James

    Email: milly.coppingjames@un.org

    Tel.: +1 646 897 6383

    UN Department of Peacebuilding and Political Affairs

    Kyung Ae (Susie) Lim

    Email: lim7@un.org

    Tel.: +1 646 595 7068

    UN Women

    Media Team Email: media.team@unwomen.org

    MIL OSI United Nations News

  • MIL-OSI USA: Pocan, Moore Statement on ICE Visit in Dodge County, WI

    Source: United States House of Representatives – Congressman Mark Pocan (2nd District of Wisconsin)

    MADISON, WI – Today, Congressman Mark Pocan (WI-02) and Congresswoman Gwen Moore (WI-04) visited Wisconsin’s only ICE detention facility, Dodge County Jail, as part of their congressional oversight responsibilities of the executive branch. This visit provided a firsthand understanding of the facility’s conditions and the impact of ICE policies.  In response, they released the following statement:

    “We were relieved to see that the Dodge County Jail was well-maintained and provided mental health, recreational and medical services to detainees. However, it was concerning that we couldn’t visit detainees in the facility or receive more detailed information on ICE detainees. 

    “During our visit, it became clear that the root of the issues are ICE policies, which include denying individuals their right to due process. In this facility, ICE is still detaining Ramon Morales Reyes despite being wrongfully accused of a crime. ICE is also working without transparency to Congress, which was only magnified by today’s visit when we tried to call the local Milwaukee field office number on its website, but the number was disconnected. It is unacceptable for ICE to be inaccessible to Members of Congress.  

    “As Members of Congress, we will continue using all tools available to conduct oversight.”

    MIL OSI USA News

  • MIL-OSI Asia-Pac: 5 arrested in security investigation

    Source: Hong Kong Information Services

    Police’s National Security Department yesterday arrested one man and four women, aged 24 to 38, for conspiracy to commit terrorist activities.

    Investigations revealed that the arrested individuals were allegedly involved in sending messages to Police via telephone, email and instant messaging applications on multiple occasions between April 29 and May 13, the content of which included claims to detonate bombs planted within various offices of the Central People’s Government in Hong Kong and Kai Tak Sports Park, as well as seditious messages inciting Taiwan independence and Hong Kong independence.

    With court warrants, Police conducted searches at the five people’s residences and seized electronic communication devices suspected to be involved in the case.

    The arrested man is being detained for further enquiries, while the four arrested women were released on bail pending further investigations.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: New NIST Standard Helps Deliver the Right Dosage of Cancer-Fighting Drugs

    Source: US Government research organizations

    Actinium-225 and some other radioactive elements that emit alpha rays can be transformed into cancer-fighting missiles if they are attached to molecules that seek out and attach to tumor cells. Because alpha rays dump most of their energy within extremely short distances in the human body, this radiation can be harnessed to kill cancer cells while sparing surrounding healthy tissue.

    Credit: S. Kelley/NIST

    Scientists at the National Institute of Standards and Technology (NIST) have developed the first U.S. standard for measuring the radioactivity of actinium-225, a radioactive isotope that drug companies are using to develop a new class of anticancer drugs.

    The new standard, which is tied to the International System of Units (SI), has enabled NIST to open a calibration service for drug companies and research institutions studying the cancer-fighting potential of actinium-225. By comparing NIST’s measurement of a sample of actinium-225 to their own measurements, the companies can ensure that human volunteers injected with actinium-225 receive the exact amount of radioactivity required for it to be effective.

    “Health care providers don’t want to overdose patients. Then they risk doing more harm than good,” said NIST chemist Denis Bergeron. “But they also don’t want to underdose patients. In a way, that’s even worse because a patient is exposed to potentially harmful radiation without effectively treating their cancer. This is a case where you have to get it precisely right. That’s our job at NIST. For actinium-225, that means accurately measuring the injected radioactivity.”

    As the national measurement institute for the U.S., NIST provides a wide range of calibration services to industry and other organizations to help ensure that their equipment is providing accurate readings. This latest calibration service could facilitate FDA review of anticancer drugs based on actinium-225, potentially speeding their deployment to cancer patients. More than 15 clinical trials in the U.S. have revealed that drugs based on actinium-225 show promise for fighting several cancers, including prostate cancer, neuroendocrine tumors and acute myeloid leukemia.

    Blasting Tumors With Radioactive Atoms

    Actinium-225 is one of several radioisotopes — radioactive versions of stable elements — that dump a massive amount of energy, in the form of alpha particles, within an extremely short distance in the human body. Alpha particles, composed of two protons and two neutrons, are relatively bulky and dense, so they don’t travel far before depositing all their energy.

    Taking advantage of this short-range blast of energy, clinicians have devised drugs that act like anticancer missiles, binding actinium-225 or another alpha-emitting radioisotope to molecules that seek out and attach to cancer cells specifically. Once the radioactive source arrives at a tumor, alpha particles destroy the DNA of the cancer cells while leaving healthy cells unscathed.

    To deliver the right dose to the tumor, clinicians must know how many alpha particles are being emitted at the tumor site. But counting radioactive decays is not as simple as it may seem.

    When it decays, actinium-225 successively transforms into a series of smaller atoms that are also unstable and emit their own alpha particles, along with gamma rays (a form of high-energy electromagnetic radiation) and beta particles (electrons). To measure radioactivity, researchers must account for all the decay products.

    The radioactive decay chain of actinium-225 includes several lighter radioactive elements as daughter products. As the elements decay, they emit alpha (α), beta (β) and gamma (γ) ray radiation.

    Credit: S. Kelley/NIST

    Setting the Standard for Measuring a Radioactive Drug

    To create the new standard, Bergeron and his NIST colleagues relied on an established method of measuring radioactivity known as the triple-to-double coincidence ratio (TDCR). They placed a small amount of actinium-225 in a vial filled with a liquid that emits flashes of light when struck by radioactive particles. They then converted the flashes into electrical signals.

    This allowed the researchers to accurately measure the number of decays per second of actinium-225, a unit of measure known as the becquerel that is defined by using fundamental constants of nature. Other measurement techniques confirmed the accuracy of the new standard, the team reported online in the journal Applied Radiation and Isotopes.                             

    Helping Pharmaceutical Companies Accurately Measure Their Drug’s Dosage

    Once the NIST team established the new standard with TDCR, pharmaceutical companies began sending NIST samples of actinium-225 that they had measured in their own laboratories. The NIST scientists measured the radioactivity of the samples using the NIST standard. By comparing NIST’s measurement to its own, each pharmaceutical company was able to calibrate its equipment to the NIST standard.

    “When you inject a radioactive drug into a patient, you want to make sure that the strength is exactly right for treating a tumor; a lower amount could harm the patient without any benefit,” said Elisa Napoli, a nuclear physicist at the pharmaceutical company ARTBIO in Cambridge, Massachusetts, which specializes in developing radioactive anticancer drugs. “If you have different dial settings or different instruments that measure radioactivity [in different parts of the world] and they are not calibrated with the same standard, then it’s a mess,” she added. “You don’t know how much radioactivity you’re injecting into a patient in Japan or how much you’re injecting into another patient in Italy.”

    The service is in high demand: Since November, five pharmaceutical companies have sent samples of actinium-225 to NIST for radioactivity measurements, and several other companies are on a waiting list. Instructions for using the service are available on the NIST website.

    “Our goal in developing, improving and disseminating radioactivity standards is to give pharmaceutical companies and research facilities the resources they need to accurately monitor the activity of radionuclides on their own,” Bergeron said.

    Linking Radioactivity Measurements to the NIST Standard

    Pharmaceutical companies measured the radioactivity of actinium-225 by using a simpler, easier-to-use method than NIST’s. They placed the radioactive element in a gas-filled device known as an ionization chamber. Gamma rays released by the sample of actinium-225 ionized the gas, stripping atoms in the gas of electrons and creating an electric current proportional to the intensity of the radiation.

    When they received a company’s sample, the NIST scientists measured the radioactivity of the sample also using an ionization chamber — but with one important difference. The radioactivity recorded by the chamber at NIST had been calibrated according to the NIST standard.

    “We let the calibrated ionization chamber serve as the repository, or memory, for our primary standard,” Bergeron said.


    Paper: Bergeron, D.E.; Hamad, G.; Broder, B.A.; Cesna, J.T.; Pearce, A.J.; LaRosa, J.; Pibida, L.; Salter, R.; Saxena, N.S.; and Zimmerman, B.E. Activity measurements and calibrations for 225Ac in radioactive equilibrium with its progeny. Applied Radiation and Isotopes. Published online Dec. 9, 2024. DOI: 10.1016/j.apradiso.2024.111630

    MIL OSI USA News

  • MIL-OSI USA: Declaring June Worker Safety Month

    Source: US State of New York

    overnor Kathy Hochul today proclaimed June as Worker Safety Month as part of her continued commitment to keep New Yorkers safe while on the job. The announcement coincides with three new laws going into effect, the Retail Worker Safety Act, the Fashion Workers Act, and the Warehouse Worker Injury Reduction Program. These new policies are meant to safeguard thousands of workers in these sectors by requiring employers to implement health and safety programs to reduce incidents of work-related injuries or abuse. Complementary to Workers Safety Month, the Governor announced safety enhancements for highway workers and users as part of her FY26 Enacted Budget. These new measures are the latest in Governor Hochul’s ongoing effort to make New York State safer and more affordable for workers statewide.

    “Our workers are the lifeline of the state and deserve to have a safe and secure work environment no matter the job,” Governor Hochul said. “With new safety enhancements and health programs in place, workers across the state will have the tools and resources necessary to ensure their safety while in the workplace.”

    New York State Department of Labor Commissioner Roberta Reardon said, “Every worker has the right to a safe work environment, free from threats of violence, exploitation, and workplace oversights that lead to injuries. With these new laws, our Department now has more tools in its toolbox to better protect hundreds of thousands of workers across these industries. I thank Governor Hochul for continuing to champion the safety of our precious workforce, this month and beyond.”

    New York State Workers’ Compensation Board Chair Clarissa M. Rodriguez said, “These new laws will help guarantee worker safety is prioritized in our great state. We applaud Governor Hochul for recognizing the contributions of hardworking New Yorkers and ensuring that employers take safety seriously. In the unfortunate circumstance when an employee suffers a work-related injury or illness though, the Board is committed to ensuring the proper delivery of benefits, so injured workers can recover and return to their lives.”

    New York State Department of Transportation Commissioner Marie Therese Dominguez said, “Everything we do at the Department of Transportation is centered around safety — the safety of our workforce and the safety of the traveling public — and I thank Governor Hochul for commemorating the importance of keeping workers throughout New York safe through Worker Safety Month. Since its inception, our Department has lost 59 employees in state operated work zones, and just last week we suffered an unimaginable loss when Highway Maintenance Supervisor Robert Bornt was tragically killed as a result of a work zone intrusion. I urge all New Yorkers to take the matter of worker safety seriously – respect our DOT workers — the dedicated public servants who are working on our roads and bridges to keep you safe. Pay attention, put your phone down and please, slow down and move over in a work zone — lives are at risk.”

    New York State AFL-CIO President Mario Cilento said, “The Union Movement always prioritizes workplace safety, and we are resolute in our fight to create safe environments for all New Yorkers. These new laws will help ensure greater safety for retail workers and shoppers, implement injury reduction programs in specific warehouse distribution centers, and improve working conditions in the fashion industry. We thank Governor Hochul for her commitment to prioritizing safety in the workplace.”

    New Yorkers for a Fair Economy Coalition Executive Director and Leader Theodore A. Moore said, “The Warehouse Worker Injury Reduction Act is a massive victory for workers, to both prevent injuries and stand up to bad employers. Thanks to Governor Hochul, worker safety champions Senator Ramos and Assemblymember Bronson, and our mighty labor and community coalition for this huge achievement. Now, we must be vigilant. Workers need to know their rights, and New York must stay laser-focused on strong worker education and enforcement to ensure every New York worker is safe on the job.”

    The Retail Worker Safety Act requires retail employers with ten or more employees statewide to develop and implement training programs to prevent workplace violence, including acts or threats of physical violence, abuse, harassment, or intimidation. Additionally, employers with 500 or more employees must install silent response buttons or provide wearable or mobile phone-based silent response buttons by January 2027. Combined, these measures will make New York retail locations safer for workers and shoppers. The New York State Department of Labor (NYSDOL) has created a series of training videos and a written model training to assist employers with creating their own workplace violence prevention training programs. The Department is also launching a social media campaign, featuring videos in English and Spanish to inform New Yorkers about the new law.

    Retail Council of New York State President and CEO Melissa O’Connor said, “The retail industry’s top priority is the safety of store employees and shoppers, as evidenced by our consistent collaboration with local police precincts, district attorneys, state and local leaders and community groups. We are encouraged by the new laws and related funding to address instances of organized retail crime and habitual retail theft in New York, including stronger penalties for the assault of retail employees. As we continue our work with Governor Kathy Hochul to promote public safety, we will also partner with the Department of Labor to ensure all covered employers are ready to comply with the Retail Worker Safety Act.”

    Retail, Wholesale and Department Store Union (RWDSU) President Stuart Appelbaum said, “Retail workers — and shoppers — across New York will now be safer because of the Retail Worker Safety Act. We are grateful that Governor Hochul has focused on preventing retail violence and theft. Retail workers should not have to go to work every day in fear; and this law goes a long way towards ending that. As implemented, the RWSA provides for preventative measures that will help deter violence and harassment before it starts; and most importantly, will assist workers in getting help quickly in the event of an emergency.”

    Also going into effect is the Warehouse Worker Injury Reduction Program, requiring certain warehouse distribution center employers to establish and implement an injury reduction program. This will help them identify and reduce the risk of work-related injuries. Employers must now conduct worksite evaluations, provide training to employees and supervisors, and establish medical staffing and treatment protocols. The Warehouse Worker Injury Reduction program is part of the Warehouse Worker Protection Act, which requires employers to disclose production quotas as well as protect warehouse workers from disciplinary action or firing where quotas are undisclosed or prevent legally protected breaks. To learn more, please see NYSDOL’s English and Spanish videos on the expansion of this law.

    Teamsters Joint Council 18 President Tom Quackenbush said, “The New York Teamsters thank Governor Hochul and legislative leaders for enacting the Warehouse Worker Injury Reduction Act and giving the state the tools to tackle the injury crisis in this industry. Bad employers are putting their profits ahead of safety, and workers are getting hurt in staggering numbers. We look forward to working with the New York Department of Labor to ensure this law is properly implemented and enforced to hold these companies accountable and protect New York workers.”

    State Senator Jessica Ramos said, “Behind every paycheck, there’s a life worth protecting. Our fight for the Warehouse Worker Injury Reduction Program and the Retail Worker Safety Act reflects our commitment to ensuring that every New Yorker goes home safe, every shift, every day. These laws aren’t the finish line; they’re the foundation for expanded protections that safeguard the health and dignity of our workforce. Declaring June as Worker Safety Month is a powerful reminder that no job is worth risking a life. Let’s keep pushing forward to make New York a safer place to work.”

    Assemblymember Harry B. Bronson said, “As we recognize Worker Safety Month, it’s important we make sure policies are in place so when a New York worker leaves for work, they will return home to their family safely. The Warehouse Worker Injury Reduction Act, which I sponsored

    in the Assembly and will take effect during Worker Safety Month, ensures that warehouses enact safety measures that put the health of our workers above profits. As Assembly Labor Chair, I will always fight for the protections our workers deserve.”

    The New York Fashion Workers Act goes into effect on June 19, requiring model management companies and model management groups to comply with new duties and responsibilities under the law. The new law outlines the duties and responsibilities companies must provide, including:

    • Acting in the best interest of the models they represent;
    • Ensuring a safe work environment;
    • Providing models with a written agreement detailing their total compensation before work begins and clearly communicating itemized deductions and disclosing any financial relationships with clients;
    • Establishing company policies and complaint processes that addresses abuse, harassment, and any other inappropriate behavior towards models; and
    • Outline penalties for violations of company policies.

    Starting December 21 of this year, these groups must register with the New York State Department of Labor and comply with any registration-related requirements. The law also prohibits these groups from imposing certain fees, requiring models to sign contracts for longer than three years, and using models’ digital replicas without permission. NYSDOL has created English and Spanish videos to raise awareness of the new law.

    Model Alliance Executive Director Sara Ziff said, “Models are workers who deserve the same labor rights and protections as anyone else. For too long, models have faced late payment, bogus fees, and unsafe working conditions — often without recourse. With the Fashion Workers Act, New York is finally saying: enough is enough. This victory is hard-fought recognition for a vulnerable workforce, one that is overwhelmingly young, female, and immigrant. We are deeply grateful to our bill sponsors, Senator Hoylman-Sigal and Assembly Member Reyes, and to Governor Hochul for making this landmark protection a reality.”

    Complementary to Workers Safety Month, Governor Hochul announced safety enhancements for highway workers and users as part of her FY26 Enacted Budget. The Automated Work Zone Speed Enforcement program has been expanded to include MTA Bridges and Tunnels and NYS Bridge Authority properties and has been extended until 2031. The program, which aims to improve work zone safety for both workers and drivers, was previously set to expire in 2026. The Governor’s FY26 Budget also doubles the number of work zones eligible for participation in the program for both the New York State Department of Transportation and the New York State Thruway Authority. A majority of the funds collected under this program are reinvested into the work zone safety programs including safety training and public awareness advertising.

    Keeping workers safe is at the core of the mission of the Department of Labor. Last month, NYSDOL announced that businesses statewide have saved around $500 million over the last five decades thanks to the On-Site Consultation Program. The free and confidential safety and health service helps small and medium-sized businesses operating in high-hazard industries prevent workplace injuries and illnesses. The program also provides assistance with Occupational Safety and Health Administration (OSHA) regulatory compliance. For more information, please visit the On-Site Consultation Program webpage.

    MIL OSI USA News

  • MIL-OSI: HYPR Advances Mission to Bring Workforce Identification to Scale

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — HYPR, the Identity Assurance Company, today announced at Identiverse, the next phase in its market leadership, unveiling strategic initiatives to deliver comprehensive, phishing-resistant identity assurance across all devices and applications. Headlining these developments are the public launches of the free HYPR Affirm identity verification solution trial and HYPR’s new Workforce Identity Verification Audit. Complementing these new offerings, the company is also forging a key partnership with HID Global to unify physical and digital access through verified identities, creating a cohesive and secure access experience. These strategic advancements collectively accelerate HYPR’s mission to scale FIDO-based authentication, setting a new standard for accessible identity security.

    Interactive Preview Unveils Seamless Identity Verification

    With 95% of organizations encountering some form of deepfake attack in the past year alone, the imperative for robust identity verification has never been clearer. Enterprises and users can now experience the power of HYPR Affirm firsthand with free, interactive access publicly available on the HYPR website. This self-service tool showcases how HYPR Affirm uses multi-factor identity checks, including document verification, facial biometrics, and passive liveness detection, to seamlessly and securely verify identities without requiring IT intervention or complex sign-ups. First time users can experience the complete verification flow, empowering organizations to ensure every current employee is indeed a fully verified identity.

    Unified Physical and Digital Security with HID Global

    Reflecting its commitment to a comprehensive identity assurance platform, HYPR has partnered with HID, a global leader in trusted identity solutions. This collaboration delivers a unified solution integrating physical and digital access control. By combining software- and hardware-based FIDO authenticators, including HID Crescendo® smart cards, the HYPR and HID integration enables organizations to deploy one smart credential for every door, device, and application. Key benefits of the partnership include:

    • Comprehensive Protection, Eliminated Password Fallbacks: Deploy device-bound passkeys across the entire identity stack, protecting sensitive resources and high-security areas while eliminating password fallbacks.
    • Simplified Provisioning, Accelerated Productivity: Enable users with simple, self-service provisioning and single-step enrollment for workstations and web access, leveraging identity verification (IDV) to ensure credentials are securely provisioned and recovered. This streamlines onboarding and enhances productivity.
    • Centralized Management, Reduced Overhead: Manage both Crescendo Cards and HYPR passkeys through a single console, reducing administrative burden and lowering maintenance costs.
    • Converged Access, Streamlined Login: Employees can use their Crescendo Cards for physical access and seamlessly log into corporate systems and applications using HYPR-provisioned FIDO credentials on the same card, or opt for software-based passkeys for flexibility.
    • Flexible Deployment, Universal Access: The joint solution caters to diverse use cases, including environments where smartphones are impractical or prohibited, such as call centers and secure facilities, while also supporting convenient software-based authentication via familiar mobile interactions.

    “Unifying physical and digital security has long been a critical challenge for enterprises, often leading to fragmented access and security gaps,” said Sean Dyon, VP of Authentication Business Unit at HID. “By combining HYPR’s phishing-resistant FIDO authentication with HID Crescendo smart cards, we’re enabling organizations to truly deploy one smart credential for every door, device, and application. This means comprehensive protection, simplified provisioning, and reduced overhead – fundamentally transforming how users access their world and IT teams manage identities.”

    Assured Workforce Identity with HYPR Affirm Audit

    Securing the workforce has become the ultimate frontline in a world of rapidly evolving cyber threats. HYPR is introducing its HYPR Workforce Identity Verification Audit, a precision-engineered, one-and-done solution designed to audit your workforce in a single sweep, providing a comprehensive, rapid assessment of an organization’s workforce identity. This audit acts as a critical spotlight, offering fast, secure, jargon-free, and real-time insights for high-stakes projects, routine security health checks, and essential compliance needs.

    The service provides end-to-end identity proofing and targeted deployment for a predefined number of users, automating the verification process to reduce manual effort, and offers robust audit trails and actionable insights for compliance and internal review. Ultimately, the HYPR Affirm Audit enhances security posture by stopping fraud at the source, mitigating identity fraud risks and helping organizations meet stringent compliance requirements and Know Your Employee (KYE) controls.

    “Today marks a pivotal moment in our mission to secure every digital identity,” says Bojan Simic, CEO of HYPR. “We’re committed to making best-in-class identity assurance accessible and user-friendly, and today’s announcements underscore that promise. The public launch of free HYPR Affirm and the Workforce Audit, combined with our strategic partnership with HID Global, fundamentally elevates enterprise security. We’re not just accelerating the adoption of FIDO-based authentication; we’re making it universally accessible, simple, and comprehensive across every facet of a user’s journey – from physical entry to critical digital access. Identity is the new perimeter, and we are dedicated to helping our customers secure it.”

    About HYPR
    HYPR, the Identity Assurance Company, helps organizations create trust in the identity lifecycle. The HYPR solution provides the strongest end-to-end identity security, combining modern passwordless authentication with adaptive risk mitigation, automated identity verification and a simple, intuitive user experience. With a third-party validated ROI of 324%, HYPR easily integrates with existing identity and security tools and can be rapidly deployed at scale in the most complex environments.

    Media Contact:

    Fabienne Dawson
    fabienne@hypr.com
    917.374.6860

    The MIL Network

  • MIL-OSI: WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    Source: GlobeNewswire (MIL-OSI)

    WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications

    • By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.
    • The WISeSat satellite constellation aims to accelerate the deployment of its satellite constellation, scale QKD capabilities, and enable a scalable “Satellite-as-a-Service” business model that integrates decentralized IoT transactions and post-quantum secure communications

    Geneva, Switzerland, June 3, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, via its subsidiaries, WISeSat.Space SA (“WISeSat”) and SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and today announced the upcoming launch of WISeSat 3.0, scheduled for second week of June 2025, marking the first satellite to embed SEALSQ’s Quantum RootKey. This mission initiates a new era of quantum-safe space communications, establishing a space-based Proof-of-Concept for Post-Quantum Key Distribution (QKD) designed to secure global data infrastructure against emerging quantum threats.

    This next-generation satellite platform will support cryptographic key generation and management both in orbit and at mission control. It ensures encryption, authentication, and validation of software and data using NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, selected in August 2024.

    At the heart of WISeSat 3.0 lies the Quantum RootKey, a hardware-based root-of-trust module developed by SEALSQ to resist both classical and quantum cyberattacks. By isolating cryptographic operations within a tamper-resistant environment directly on the satellite, RootKey protects key storage, signing, and encryption processes. It enables end-to-end secure communications and digital identity services, even under the computing power of future quantum machines.

    The satellite will deliver several key capabilities: secure command authentication to prevent unauthorized satellite control, encryption of sensitive data such as Earth observation, defense telemetry, and scientific research, and post-quantum key distribution for critical infrastructure sectors such as energy, transportation, and smart cities. It also allows for the secure onboarding of billions of IoT devices by providing quantum-resistant digital identities from space, even in remote or disconnected regions.

    WISeSat has gradually embedded technologies from WISeKey, SEALSQ, and Hedera into its satellite operations, allowing these next-generation satellites to become a benchmark for post-quantum security from space. This advanced integration also supports the use of trusted digital tokens such as SEALCOIN, opening new frontiers in secure space-to-ground transactions and tokenized satellite-based services.

    WISeSat.Space has also established key infrastructure, including a satellite antenna in La Línea, Spain, with plans to install another in Switzerland. These installations will enhance the monitoring and management of the growing satellite constellation, ensuring optimal performance and secure operations. By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.

    As quantum computing advances, the risk of key extraction, spoofing, and eavesdropping on satellite networks becomes increasingly urgent. SEALSQ’s Post-Quantum RootKey architecture provides robust, real-time defenses, including secure key isolation, signature validation, and quantum-resilient encryption, ensuring any attempt to intercept or tamper with quantum key exchanges is immediately detectable.

    In parallel, WISeSat’s multi-layered quantum-secure platform is designed to leverage the unique properties of space, including microgravity, to enable scientific breakthroughs impossible on Earth. This includes quantum sensing for unspoofable positioning, navigation, and timing (PNT), secure deep-space exploration, and in-orbit manufacturing of quantum components in pristine, interference-free environments.

    These advancements position WISeSat 3.0 to play a strategic role in enabling a sovereign, resilient, and secure digital infrastructure at a time of rising geopolitical and cybersecurity tensions. The mission underscores Europe and its allies’ commitment to space sovereignty and secure digital transformation.

    Together, WISeSat and SEALSQ are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network

  • MIL-OSI Banking: Samsung Celebrates the Inaugural Season of TGL Presented by SoFi: Defining a New Era of Golf

    Source: Samsung

    Now that TGL presented by SoFi has wrapped its groundbreaking inaugural season, Samsung Electronics America proudly celebrates its role as an Official Screen Partner, helping to redefine how fans experience the sport of golf. Throughout the season, TGL captivated audiences with team-based competition, innovative gameplay and dynamic content — all powered by Samsung Displays.
    The season culminated in a thrilling championship match, where the Atlanta Drive Golf Club claimed the first-ever SoFi Cup. Throughout the season, Samsung’s immersive display technology amplified every moment of the action, transforming the 250,000-square-foot SoFi Center in Palm Beach Gardens, Fla., into a high-energy arena unlike anything previously seen in golf.
    “TGL’s goal was to harness technology to build a modern approach to sports, media and entertainment through the game of golf,” said David Phelps, Head of Display Division, Samsung Electronics America. “They turned to us as the leader in delivering the highest quality visual experiences for fans, both in the venue or watching at home.”

    MIL OSI Global Banks

  • MIL-OSI Europe: Press release – Agriculture Committee votes on first EU rules on welfare of dogs and cats

    Source: European Parliament 3

    On Tuesday, the Agriculture Committee adopted its position on EU standards for the breeding, housing, and handling of cats and dogs.

    The first EU rules for the welfare and traceability of dogs and cats were adopted with 35 votes to 2 and 9 abstentions.

    Who must comply

    MEPs propose the new rules would cover those who are responsible for breeding or selling dogs and cats in establishments and shelters; and those placing dogs and cats into foster homes. They would however not apply to private dog and cat owners who place maximum one litter on the market less frequently than every 18 months.

    Microchipping of dogs and cats in the EU

    The rules would mean that all dogs and cats held by breeders, sellers and shelters, or offered for sale or donation online, must be individually identifiable with a microchip. Microchipped dogs and cats should be registered in interoperable national databases. MEPs say identification numbers of microchips, along with information about the corresponding national database, should be stored in a single index database operated by the Commission.

    Dogs and cats from third countries

    To close potential loopholes that would let dogs and cats enter the EU as non-commercial pets but which are then later sold in the EU, MEPs want to extend the rules to cover not only imports for commercial purposes but also non-commercial movements.

    Dogs and cats imported from third countries for sale would have to be microchipped before their entry into the EU, and then registered in a national database within two working days after their entry. Pet owners entering the EU would be obliged to pre-register their microchipped animal on an online database, at least five working days before arrival.

    Breeding and welfare of dogs and cats

    Breeding between parents and offspring, grandparents and grandchildren, as well as between siblings and half-siblings, must be prohibited. Puppies and kittens may not be separated from their mothers until they are at least eight weeks old unless there is a specific veterinary justification. To prevent exploitation, the regulation caps the number of litters per female and introduces mandatory rest periods between pregnancies.

    MEPs want a ban on the breeding of dogs or cats that have excessive conformational traits leading to a high risk of detrimental effects on their welfare, as well as a prohibition on these animals – together with mutilated dogs and cats – being used in shows, exhibitions, or competitions.

    Quote

    After the vote, rapporteur and Chair of the AGRI Committee, Veronika Vrecionová (ECR, CZ), said: “This proposal is a clear move against illegal breeding and the irresponsible importation of animals from outside the EU. At the same time, it fully respects ordinary owners and responsible breeders who should not be unduly burdened by regulations.”

    Next steps

    The report is now tabled for a vote in Parliament’s plenary. If adopted, talks with EU government ministers can start.

    Background

    As around 44% of households in the EU have a pet animal, trade in dogs and cats has grown considerably in recent years, with an annual value of EUR 1.3 billion, according to the Commission. The online market, including illegal trade, accounts for 60% of all dog and cat sales in the EU. In the absence of unified minimum animal welfare standards for dogs and cats across the member states, the Commission proposed these new rules on 7 December 2023.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Invasive species takes a bashing at Oxford Island

    Source: Northern Ireland City of Armagh

    Volunteers from a number of organisations joined staff from Armagh City, Banbridge and Craigavon Borough Council for a ‘Balsam Bash’ at Oxford Island last week in an effort to curb an invasive species.

    During the event, thousands of Himalayan Balsam plants were removed from the undergrowth at the nature reserve, as part of an ongoing campaign to control and eradicate the plant which has spread to many parts of Northern Ireland particularly in areas close to waterways, such as loughs and rivers.

    Andy Griggs, who works as a Conservation Officer with ABC Council said the Balsam Bash was an important way of limiting the spread of the plant and also raising awareness of the damage it can cause to the environment and natural habitats.

    “We have organised Balsam Bash events over the last number of years, and we can see the impact we have had on restricting the spread of the Himalayan Balsam. We hope that by continuing to remove these plants we can eventually eradicate it from Oxford Island,” said Andy.

    “Himalayan balsam is a problematic plant. Although the flowers look pretty in the summertime, it competes with native plants for light, nutrients, pollinators and space, excluding other plants and reducing biodiversity. It dies back in the winter, leaving river banks bare and open to erosion.”

    He added: “We would like to thank all the volunteers who came along today, including staff from the NI Environment Agency, AMEY Consultants, The Conservation Volunteers and the staff from ABC Council, who all came together to make this event a great success.”

    Himalayan Balsam can grow up to 10ft in height and between June and October it produces clusters of purplish pink (or rarely white) helmet-shaped flowers. The flowers are followed by seed pods that open explosively when ripe.

    To report or find out more information on Himalayan Balsam and other invasive species in Northern Ireland, you can visit www.nidirect.gov.uk/articles/invasive-non-native-plants

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Christmas Tree and Switch On Event Could Return

    Source: Scotland – City of Dundee

    Christmas in Dundee this year could be celebrated with the return of a traditional tree to City Square accompanied by lights switch-on event. 

    The Dundee Hooley is also set to return to mark St Andrew’s Day.

    Proposals for the festive season will be considered by the next meeting of the Fair Work, Economic Growth and Infrastructure Committee. 

    Councillors will be told that the delivery of the Christmas and St Andrew’s Day events will be funded by a combination of £145,000 from the City Development revenue budget for events, and £60,000 from budget investment proposals. 

    The £60,000 was approved at the budget setting meeting in February and is aimed at supporting events that will positively contribute to Dundee’s economic growth through increasing footfall and visitors to the city.

    Councillors will also be asked to start the tendering process for operators to come forward to provide affordable family activities to be staged in City Square over the festive period. The council will not be funding this element of the festive offering. 

    Activities could include festive children’s events, interactive activities, entertainment, rides and market stalls.   

    A report to councillors outlines how the festive period is an important time for families and businesses in the city and that in recent years events had been staged in the four weeks leading up to Christmas in an effort to encourage people into the city centre.  

    While there has not been a one-off event including the light switch-on recently, the report highlights how feedback from the public has viewed such an occasion as a “valued event” in the calendar. 

    Committee convener Councillor Steven Rome said: “We have listened very carefully to people in the city about their views on our festive offering. 

    “From general feedback, as well as the budget consultation process, it has become clear that people are keen on the return of a tree in the square accompanied by a traditional switch-on event. 

    “We are aware of how important a time Christmas is for families and businesses in the city and have considered how best to take this forward, so that families can have fun and our economy can be boosted. 

    “The Dundee Hooley has also become an established and popular part of Dundee’s festive offering, so it is essential that this can continue as well.  

    “I am pleased that funds from the 20025-26 budget would allow the Hooley and the switch-on to both happen. 

    “We will also be advertising for operators to come forward with proposals to help stage affordable family activities for the festive period so that as many people as possible can enjoy a merry Dundee Christmas.” 

    The committee meets on Monday June 9. 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Protective body armour for prison officers in high-security settings

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Protective body armour for prison officers in high-security settings

    Frontline prison officers working in the highest risk areas of the prison estate will be issued protective body armour under swift Government action to improve their safety, the Lord Chancellor announced today (Tuesday 3 June).

    • Lord Chancellor takes decisive action to protect frontline officers
    • Decision follows snap review after attack on prison staff at HMP Frankland
    • Independent review of separation centres ongoing

    Following the horrific attack on three officers at HMP Frankland on 12 April, the Prison Service commissioned a snap review into whether protective body armour – also known as stab-proof vests – should be rolled out to staff.

    The Lord Chancellor has now confirmed new protective vests will be made mandatory for prison officers working in Close Supervision Centres and Separation Centres which hold the most dangerous offenders in the estate.

    Officers working with prisoners held in segregation units within the high-security estate will also benefit from the rollout. 

    Speaking in the House of Commons today, the Lord Chancellor, Shabana Mahmood said:

    I know this House shares my anger at recent attacks against prison officers.

    After the awful events at HMP Frankland, I commissioned a review of the use of protective body armour.

    Today, I can announce I will mandate its use in Close Supervision Centres, Separation Centres, and Segregation Units in the High Security Estate.

    When Jonathan Hall’s independent review into the Frankland attack reports, I will take any further steps necessary to protect our brave staff.

    Today’s announcement follows extensive engagement with frontline staff, trade unions and uniformed services like the police who already use protective body armour.

    As part of this engagement, some staff raised concerns on armour being rolled out more widely in prisons, in particular that it could be too heavy and restrictive for everyday use. It was also noted that officers already have equipment available to them to help reduce the risk of assaults including Body Worn Video Cameras, batons, PAVA spray and handcuffs.

    The review concluded that more evidence is needed before rolling out vests to all prison officers. The Lord Chancellor will now take this forward and will not hesitate to go further if needed to keep staff safe.

    The Lord Chancellor confirmed last month Jonathan Hall KC will chair the independent review into the events at HMP Frankland and whether separation centres are fit for purpose.

    Updates to this page

    Published 3 June 2025

    MIL OSI United Kingdom

  • MIL-OSI: SUTNTIB AB Tewox publishes its NAV for May 2025

    Source: GlobeNewswire (MIL-OSI)

    Vilnius, Lithuania, June 03, 2025 (GLOBE NEWSWIRE) —

    As at the end of May 2025, the net asset value (NAV) of SUTNTIB AB Tewox increased to EUR 46,740,384, compared to the previously determined NAV of EUR 42,086,793 at the end of April 2025.

    The share price increased to EUR 1.1165, from EUR 1.0053 at the end of April 2025. The pro-forma internal rate of return (IRR) rose to 3.62%, compared to previously announced IRR of 0.18% at the end of April 2025.

    Contact person for further information:

    Paulius Nevinskas

    Manager of the Investment Company

    paulius.nevinskas@lordslb.lt

    https://lordslb.lt/tewox_bonds/

    The MIL Network

  • MIL-OSI: CBAK Energy Secures $3 Million Follow-up Order from Livguard, Strengthening Strategic Partnership in India

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, June 03, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced the receipt of a significant follow-up order from Livguard, a prominent Indian energy storage solutions provider. Valued at approximately USD 3 million, this order brings the cumulative value of orders from Livguard to USD 7.9 million since the inception of the partnership.

    Founded in India, Livguard is backed by the 37-year legacy of the esteemed SAR Group and has emerged as a leader in the Indian energy solutions landscape. With a broad portfolio including inverters, batteries, solar energy systems, and automotive power solutions, Livguard is supported by a robust nationwide sales and service network, catering to millions of customers and accelerating India’s transition to sustainable energy.

    Livguard has been sourcing Model 32140 cylindrical lithium-ion batteries from CBAK Energy, leveraging their high performance and reliability across a range of energy applications.

    Zhiguang Hu, Chief Executive Officer of CBAK Energy, commented: “In January, we announced our collaboration with Ather, one of India’s top five two- and three-wheeler manufacturers. Now, with this substantial order from Livguard, we are further strengthening our presence in India’s fast-growing energy market. This order is a strong validation of the quality and dependability of our battery technology. We look forward to deepening our strategic collaboration with Livguard and continuing to provide innovative energy solutions that meet the evolving demands of the global market.” 

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:
    CBAK Energy Technology, Inc.
    Investor Relations Department
    Mr. Thierry Jiewei Li
    Phone: 86-18675423231
    Email: ir@cbak.com.cn 

    The MIL Network

  • MIL-OSI: First Federal Savings Bank and ICBA Provide Tips to Support the Homebuying Process

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., June 03, 2025 (GLOBE NEWSWIRE) — In recognition of National Homeownership Month, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are encouraging consumers to consult their local community banker about how to make the homebuying process simple, efficient and more affordable.

    “An important component in building financial independence is owning a home,” said Elisa Snyder, FVP, Retail Lending Sales Manager. “At First Federal Savings Bank, we want to simplify the homeownership process to make it as easy and affordable as possible. After you assess your needs, we can help find suitable options to finance your home, from first homes to forever homes.”

    Whether you are refinancing or purchasing your home, First Federal Savings Bank can help you determine:

    • The ideal loan amount and products to meet your budget considerations. We can review the mortgage process in detail and flag ideal programs and loan features.
    • How mortgage rates, terms, and related expenses (including property taxes and insurance premiums) affect payments. This will help you set a home budget and manage your homeownership expenses.
    • Your rights and obligations under your mortgage contract. Today’s consumers have many financing options—each with unique stipulations outlined in fine print.
    • Suitable government-sponsored programs. In addition to federal homeownership and home-buying assistance programs, we can recommend state, local government, and specialty programs for consideration.
    • Additional resources to help create a budget and set financial targets. We offer homebuyer seminars and other helpful resources. Free online educational tools can also be found at www.hud.gov.

    “Homeownership is an important step for many Americans in establishing financial stability and strengthening community roots,” said ICBA President and CEO Rebeca Romero Rainey. “Your community bank can help guide you through the process and provide tips to improve your position as informed buyers.”

    For more information on how First Federal Savings Bank can support your homeownership needs, visit us at https://www.firstfedsavings.bank or contact our Retail Loan Advisors at (812) 492-8142.

    About First Federal Savings Bank Member FDIC Equal Housing Lender NMLS# 433121

    First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.

    About ICBA

    The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.

    As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.

    The MIL Network

  • MIL-OSI: Cornerstone Community Bancorp and Plumas Bancorp Report Shareholder Approval of Merger

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., June 03, 2025 (GLOBE NEWSWIRE) — Cornerstone Community Bancorp (“Cornerstone”) and Plumas Bancorp (“Plumas”) announced today that Cornerstone’s shareholders approved the principal terms of the Agreement and Plan of Merger and Reorganization providing for the merger of Cornerstone with and into Plumas (the “Merger”) and the conversion of each outstanding share of Cornerstone common stock into the right to receive cash and stock of Plumas.

    The completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the merger agreement. Plumas has received the bank regulatory approvals necessary to complete the Merger. The approval of Plumas shareholders is not required to complete the Merger.

    Cornerstone and Plumas expect that the Merger will be completed in early July 2025.

    “Our merger with Cornerstone is a pivotal milestone in our company’s evolution,” said Andrew J. Ryback, President and Chief Executive Officer of Plumas Bancorp. “Both institutions share a strong connection to the people and businesses that make Northern California thrive. By integrating Cornerstone Community Bank’s deep local expertise with Plumas Bank’s advanced technology and small business solutions, we are enhancing the services available to our communities. This partnership will create lasting value for our shareholders, clients, employees, and the broader region for years to come.”

    “We are thrilled to unite with Plumas, combining our strengths to continue delivering exceptional products, services, and support to our customers, employees, and stakeholders,” said Matthew B. Moseley, President and Chief Executive Officer of Cornerstone, who will remain with Plumas following the acquisition. “Access to Plumas’ extensive network of offices and diverse product offerings enables us to broaden our reach beyond the Shasta and Tehama communities we have proudly served for nearly two decades. Our two organizations share a deep connection to the communities we serve, and this partnership allows us to leverage our collective experience to maintain the high standards of service our customers have come to rely on.”

    The combined company is expected to have approximately $2.3 billion in total assets and 19 full-service banking branches in 11 counties in Northern California and Nevada.

    Contact:

    Investor Relations
    Plumas Bancorp
    5525 Kietzke Lane Ste. 100
    Reno, NV 89511
    775.786.0907 x8908
    investorrelations@plumasbank.com

    Investor Relations
    Cornerstone Community Bancorp
    192 Hartnell Avenue
    Redding, CA 96002
    530.222.1460
    mmoseley@bankcornerstone.com

    Cautionary Note Regarding Forward-Looking Statements

    This release contains “forward-looking statements” regarding Plumas, Cornerstone, the combined company and the Merger that are subject to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to plans, expectations, projections, and statements about the benefits of the Merger, the timing of completion of the Merger, and other statements that are not historical facts. Forward-looking statements involve risks and uncertainties that are difficult to predict. Factors that could cause or contribute to results differing from those in or implied in the forward-looking statements include but are not limited to the occurrence of any event, change or other circumstances that could give rise to the right of Plumas or Cornerstone to terminate the merger agreement; the risk that the cash consideration to be paid to Cornerstone shareholders may be reduced in accordance with the terms of the merger agreement; the failure of Plumas or Cornerstone to satisfy any of the conditions to the Merger on a timely basis or at all; the ability to complete the Merger and integration of Plumas and Cornerstone successfully; costs being greater than anticipated; cost savings being less than anticipated; changes in economic conditions; the risk that the Merger disrupts the business of the Plumas, Cornerstone or both; difficulties in retaining senior management, employees or customers; and other factors that may affect the future results of Plumas, Cornerstone or the combined company. Further information regarding risk factors is contained in Plumas’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024 and its registration statement on Form S-4 with respect to Merger, copies of which are available on the SEC’s website at www.sec.gov and the investor relations section of Plumas’s website at www.plumasbank.com. Forward-looking statements made in this release speak only as of the date of this release. Neither Plumas nor Cornerstone undertake any obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

    The MIL Network

  • MIL-OSI: Risk Strategies Acquires Schroeder Insurance

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, June 03, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Schroeder Insurance, a Missouri-based firm with a specialty focus in the commercial lines and private client sectors. Terms of the deal were not disclosed.

    Led by brothers Paul and Ted Schroeder, who each have over 30 years of industry experience, Schroeder Insurance’s business is closely split between commercial and private clients. The agency has specialty experience in a number of industries including hospitality, the public sector, and emergency response organizations, among others. The agency’s expertise and high-touch approach to service have engendered strong loyalty, with the tenure of its top 10 clients averaging 10 years.

    “Schroeder Insurance joining the Risk Strategies family is a real win,” said Steve Giannone, Central Region Leader, Risk Strategies. “Paul and Ted have built a strong presence and solid reputation within their market. They understand that specialty knowledge is the key to solving tough risk and liability problems.”

    Schroeder Insurance traces its beginnings back to 1953 and founding partners A.C. Schroeder and Charles H. Schroeder. Its two offices in Union and Washington are located just west of St. Louis, Missouri. Schroeder Insurance has augmented its growth over the years through strategic acquisitions that have deepened its capabilities.

    “We saw joining Risk Strategies as the best way to extend our expertise-based business model,” said Paul Schroeder, CIC, President, Schroeder Insurance. “Becoming part of Risk Strategies brings national scale and a breadth of resources that will benefit both our clients and our people now and into the future.”

    In recent years, Risk Strategies has made key investments to build out its presence and capabilities in the Midwest, including Gabrielson Insurance & Financial Services and Comprehensive Benefits Inc., both in January 2025 in the greater Detroit area; the Ralph C. Wilson Agency in Michigan in February 2024; Illinois-based IZALE Financial Group in 2023; First Insurance Group in Ohio in 2023; and the insurance business of Johnson Financial Group, located in Wisconsin, in 2023. In Missouri alone, Risk Strategies has recently acquired Thomas McGee Group, Stephens & Associates, and Beattie & Associates, all based in St. Louis and Kansas City.

    To learn more about Risk Strategies, please visit: www.risk-strategies.com

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com

    Media Contact
    Alana Bannan
    Senior Account Executive
    (720) 400-8025
    Rsc@matternow.com 

    The MIL Network