Category: KB

MIL-OSI United Kingdom: Funding awarded to Nairnshire Community Regeneration projects

Source: Scotland – Highland Council

Two projects which will bring welcome improvements to Nairn beach and harbour have received a total of £19.8K from the area’s Community Regeneration Fund.

Community Regeneration Funding is an umbrella term for a number of funds that are available for communities and organisations to access in Highland.

The first project will help to make the popular East Beach Harbour and Pier area more accessible to people of all abilities. The area is very popular with walkers with its close proximity to various local amenities at the Nairn links. Enhancing the path network will help the area increase its visitation and more visitors to walk to nearby local businesses.

The second project will look to install a beach shower unit at Nairn Links for beachgoers and those pursuing water sports. Nairn’s vibrant water sports community currently has no shower facilities so this addition will provide a convenient station for users to wash off sand and saltwater after their activities.

Cllr Michael Green, Nairnshire Area Chair said: “We are delighted to support both projects which will bring welcome improvements to our coastal offering. Nairn beach and harbour is a popular spot for locals and visitors to stroll along and it is right that everyone should be able to enjoy this pastime, no matter their ability. The beach shower unit will also be a great addition to our beach front and its intended location close to the splashpad will help to maintain the operation of the Team Hamish site.

“I can also confirm that the Committee has recently agreed an uplift to the Team Hamish Nairn Links Regeneration Phase 2 Project to include a new path section linking the Marine Road carpark passed the cottages to reach the Links path at the cricket pavilion. This is another development that will improve accessibility for all at the popular Links area.”

11 Feb 2025

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MIL OSI United Kingdom –

February 12, 2025
MIL-OSI United Kingdom: Nairn and Cawdor roads capital programme approved for 2025/26

Source: Scotland – Highland Council

A proposed list of prioritised roadworks has been agreed by Nairnshire Committee Members, which will be funded out of The Highland Council’s Capital Budget allocation for 2025/26.

Councillors have agreed funding allocations for specified locations for roads resurfacing works including footpath reconstruction/resurfacing works which can be funded from the capital allocation.

The estimated local allocation for Nairn and Cawdor (based on 2024/25) is £586K comprising £391K for overlay/inlay works and £195K for surface dressing works.

Cllr Michael Green, Nairnshire Area Chair said: “I am pleased we were able to agree a list of prioritised roadworks which will make travel in and around the Nairn and Cawdor areas smoother and will result in improved transport links for locals, visitors and businesses.

“We also recognise that there are some prioritised roads which will have works carried out should funds become available, such as any finalised increase in capital budget allocation and any potential underspend being carried forward.”

The local allocations capital budget for 2025/26 remains to be established, which will be calculated from the approved capital budget allocation.

The full list of prioritised roads for the Nairnshire area can be found in the Area Roads report to the Nairnshire Area Committee.

Reports are available to download from the Council’s website.

11 Feb 2025

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MIL OSI United Kingdom –

February 12, 2025
MIL-OSI United Kingdom: Garage rent increase agreed in Nairnshire 2025/26

Source: Scotland – Highland Council

Garage rents for the Nairnshire area will increase by 20% for 2025/26 as agreed at today’s Area Committee.

Councillor Michael Green, Chair of the Nairnshire Area Committee, said: “Garages and garage sites within Nairnshire are competitively priced, and even taking today’s agreed increase into account, our rates still sit below the average across all other areas in Highland.

“Equally, we recognise that the majority of our garages are used by local residents for storage purposes, with the Council’s offering at a fraction of the cost of commercial solutions.”

Garage Rent for Council Tenants will increase by £1.60 to £9.62. Meanwhile, Garage Rent for non-tenants will go up by £1.92 to £11.54 per week.

For Garage Sites, the weekly rent for Council Tenants will increase to £1.12. Garage Site Rent for Non-Tenants will also increase to £1.34.

As a result, the increase will bring a total of £21,949.78 annually based on current occupancy.

11 Feb 2025

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MIL OSI United Kingdom –

February 12, 2025
MIL-OSI: ThreeD Capital Inc. Provides Update on TODAQ Investment

Source: GlobeNewswire (MIL-OSI)

TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to congratulate TODAQ Micro Inc. (“TODAQ Micro”) on the successful commercialization of its technology.

ThreeD is an investor in TODAQ Micro. Additionally, ThreeD owns 478,739 preferred shares in TODAQ Holdings Inc. (“TODAQ Holdings”), the parent company of TODAQ Micro, as well as owning five TODA Note Royalty Certificates (“TDN Royalties”) with an aggregate maximum value of USD$279,613,283. Each TDN Royalty entitles the holder to receive royalty payments over time to the holder’s micropayment node, subject to certain terms and conditions. Each TDN has been fixed at $USD 1 per TDN by TODAQ Holdings.

TODAQ Micro is now releasing its groundbreaking TAPPTM micropayments solution to address long-standing inefficiencies in the digital economy.

The company’s first commercial deployment is in the entertainment industry, where TODAQ Micro is enabling a revolutionary “fair trade Netflix” experience with a new video platform called Truce Plus (‘Truce+’). Producers, studios and distributors that own Tier 1 movie, show, and documentaries face multiple headwinds trying to sell to the leading content platforms. These challenges include poor negotiating power, loss of relationship with the viewing customer, low upfront payments and poor revenue share terms, delayed payments, and limited transparency and recourse to name just a few. By embedding micropayments into Truce+ digital content transactions, TODAQ Micro enables these content owners to go directly to consumer (DTC) with a frictionless, real-time, pay as you go model that also enables users to instantly buy and rent content in a few seconds without needing to subscribe or login. The content producers are paid in real time and can also instantly micro distribute those revenues to cast, crew and other supply chain payees eliminating nearly all back office costs. The first commercial movie powered by TAPP will be available in February and is called the Flamingo Effect and is produced by Truce Studios in Denver, CO. The first half dozen content titles that include both American and Canadian Tier 1 producers of movies and TV shows will be available in Q1 with over 100 titles being put on the platform by the end of the year. The Truce+ platform can also provide instant referral bonuses and awards to studios and viewers that bring in additional followers. Fortune Business Insights values the global video streaming market size at USD 674 billion in 2024 with growth to USD 2,661 billion by 2032, exhibiting a CAGR of 18.7% during the forecast period, driven by Increasing Demand for Video on Demand (VoD) streaming services.

“There are almost too many places TAPP can be applied. Given the massive size and growth rate of the streaming industry it was a natural first place to focus. In addition, the market pain felt by the subscription fatigued consumer and the content producers who feel that they are not getting a fair deal means we have a unique ability to make the market much better and larger for both parties. TAPP represents the only deeptech powered platform capable of enabling full microtransaction VoD (or MVoD) as a new streaming market category,” said Hassan Khan, CEO of TODAQ Micro.

TODAQ Micro has garnered significant recognition, recently being named a Top 8 FinTech Startup by the Government of Canada and sent to Silicon Valley as part of the Canadian Technology Accelerator Program with the Canadian Consulate in San Francisco. The company boasts strong strategic partnerships and finalized a partnership with Oracle in the summer of 2024 to ensure it has massive capacity to scale, and to provide the streaming industry with micropayable data labelling for video content and AI conversational agents that can close movie sales, take payments, and initiate micro-distributions. TODAQ Micro has deployed its technology on Oracle Cloud Infrastructure (OCI) and successfully demonstrated multi-cloud transactions between OCI and Amazon AWS without reliance on traditional payment processors or blockchain networks. This innovation enables businesses to monetize micro-services without locking customers into subscriptions, providing a cost-efficient, pay-as-you-go alternative.

Traditionally, enabling secure, private online web payments with a 5 second checkout for a consumer have not been possible and micro-payments of less than a dollar are impractical due to high processing costs. TODAQ’s technology eliminates intermediaries, enabling seamless transactions for businesses and consumers alike. Rather than using a blockchain, TODAQ solved the problem by returning to the original architecture of the World Wide Web and added a new Web Application Protocol called ADOT to coexist alongside HTTPS, SMTP and other older protocols built to handle websites, emails and other data. TODAQ also added another cryptographic technology called TODA to ensure portable integrity for these new web asset transactions. Together TODA and ADOT enable any software system to create, update, verify and transfer unique digital assets without requiring payment and authentication rails, or blockchains. This project took over six years, and involved collaboration with Cambridge University researchers at the Cambridge Centre for Redecentralization (CRDC) and support from the UK Research and Innovation Ministry alongside private investment. TAPP is the first ADOT Web native commercial application created.

Sheldon Inwentash, Chairman and Chief Executive Officer of ThreeD, commented: “TODAQ Micro has made tremendous advancements, achieving major milestones with the commercialization of its technology and attracting tier one strategic partners. It has emerged as a leader in providing micropayment solutions without the high costs traditionally associated with such transactions. We are very pleased to have been an early-stage investor in TODAQ and look forward to seeing the company continue to scale and disrupt the industry.”

More information about TODAQ Micro can be found through the ThreeD YouTube channel where Hassan Khan, CEO of TODAQ Micro, is interviewed.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash
Vice President Investments
jinwentash@threedcap.com
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to future investments by the Company. All statements other than statements of historical fact are forward-looking statements. Often, but not always, these forward looking statements can be identified by the use of words such as “believe”, “believes”, “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. Although the Company believes the expectations reflected in these forward-looking statements are reasonable, there can be no assurance they will prove accurate. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

The MIL Network –

February 12, 2025
MIL-OSI: NAV Announcement

Source: GlobeNewswire (MIL-OSI)

Foresight Technology VCT plc (“Company”)

LEI: 21380013CXOR8N6OD977

NAV Announcement
The Board of Foresight Technology VCT plc announces that the unaudited Net Asset Value for the FWT share class as at 31 December 2024 was 97.2p per share.

For further information please contact:

Gary Fraser, Foresight Group: 020 3667 8181

The MIL Network –

February 12, 2025
MIL-OSI: Lantronix Appoints Steve Burrington as Vice President of Global Research and Development

Source: GlobeNewswire (MIL-OSI)

IRVINE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX) (“the Company”), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, is proud to announce the appointment of Steve Burrington as Vice President of Global Research and Development. Burrington will oversee all aspects of product development and will play a key role in defining the Company’s technology direction as it continues to deliver innovative solutions to meet the demands of an evolving market.

“Steve’s deep expertise in advanced product development and engineering leadership perfectly complements our Edge AI focus and mission to drive technological innovation and operational excellence,” said Saleel Awsare, Chief Executive Officer and President at Lantronix. “His leadership will be instrumental as we continue to align our technology and product strategies to achieve sustainable growth and market leadership in enabling Edge Intelligence with compute and connect.”

Burrington brings more than 25 years of experience in engineering and technology leadership, specializing in LTE IoT, telematics, video product development and global engineering management. He has a proven ability to lead diverse, cross-functional teams and has successfully driven product innovations from concept through high-volume manufacturing. His leadership has consistently delivered results aligned with cost, schedule and performance objectives.

During his career, Burrington has held senior leadership roles at Sierra Wireless and Netgear, where he managed global teams of over 150 engineers, directed operating budgets exceeding $35 million, and spearheaded the development of industry-leading hardware and firmware products. His extensive experience working with chipset vendors, ODMs, and structured development environments positions him well to enhance Lantronix’s R&D capabilities.

“I am honored to join Lantronix during such an exciting time for the Company,” said Burrington. “I look forward to collaborating with the talented team here to innovate, execute and deliver products that define the future of Industrial IoT and Edge AI Intelligence. Together, we will continue to set the standard for excellence in our field.”

About Lantronix

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

For more information, visit the Lantronix website.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com

Lantronix Analyst and Investor Contact:
investors@lantronix.com

© 2024 Lantronix Inc. All rights reserved. Lantronix is a registered trademark, and SLB and SLC are trademarks of Lantronix Inc. Other trademarks and trade names are those of their respective owners.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b21a60c7-74c8-4d08-9648-e5e8b8798774

The MIL Network –

February 12, 2025

MIL-OSI: Diversified Energy’s Unique Strategy Produces Reliable Cash Flow and Strong Full Year 2024 Results

Source: GlobeNewswire (MIL-OSI)

Seventh Year in a Row of Approximately 50% or Better Cash Margins

Cash Flow Growth Initiatives Contributed Over $50 million in Cash Flow

Company Returned Over $105 million to Shareholders in 2024

BIRMINGHAM, Ala., Feb. 11, 2025 (GLOBE NEWSWIRE) — Diversified Energy Company PLC (LSE: DEC, NYSE: DEC) (“Diversified” or the “Company”) is pleased to announce the following operations and trading update for the year ended December 31, 2024.

Delivering Reliable Results

Full-year 2024 average production of 791 MMcfepd (132 Mboepd)
- 4Q24 average production of 843 MMcfepd (141 Mboepd)
- December 2024 exit rate of 864 MMcfepd (144 Mboepd)
2024 Adjusted EBITDA^(a) of $470-$475 million; Adjusted Free Cash Flow^(b) of $210-$215 million
2024 Adjusted EBITDA Margin^(a) of 50%and TTM Adjusted Free Cash Flow Yield^(b) of 33%
- 2024 Total Revenue, Inclusive of Settled Hedges per Unit^(c) of $3.21/Mcfe ($19.28/Boe)
- 2024 Adjusted Operating Cost per Unit^(d) of $1.70/Mcfe ($10.22/Boe)

Cash Flow Growth Initiatives

Announced fixed-price contract for gas delivery to a major Gulf Coast LNG export facility
Generated ~$42 million year-to-date in cash flow through divestiture of undeveloped leasehold
Recorded $8 million in impact to Adjusted EBITDA from Coal Mine Methane (“CMM”) Revenues

Executing Strategic Objectives and Milestones

Retired over $200 million in debt principal through amortizing debt payments
Returned $105 million to shareholders, including $21 million in share buybacks^(e)
Completed $585 million (gross) in strategic and bolt-on acquisition during 2024
Announced accretive bolt-on acquisition of southern Appalachia assets from Summit Natural Resources
Announced transformative $1.3 billion acquisition of Maverick Natural Resources
Marked one full year of trading on the New York Stock Exchange and as is customary, the Company expects to file a shelf registration with the US Securities and Exchange Commission

Next LVL Milestones

The Company retired 202 operated wells in 2024, marking its third consecutive year to exceed its stated goal of retiring 200 wells per year
Next LVL Energy completed a total 287 well retirements, including Diversified’s wells and 85 wells associated with state-owned orphan wells and third-party operators

Rusty Hutson, Jr., CEO of Diversified, commented:

“Our team executed extremely well and continued to deliver solid results in 2024 that enabled us to advance our balanced capital allocation framework. Our strong results highlight our unique business model that strives to deliver consistent cash flow during the full range and volatility of commodity cycles. Aligned with our priorities, we generated significant cash flows, returned capital to investors, and paid down more than $200 million in debt principal, all while executing and integrating over $585 million in accretive acquisitions. Once again, our ability to deliver durable production and consistent cash flow throughout the year was a result of our team’s relentless execution of our strategies. We are committed to lowering costs and improving operational efficiencies across the organization, along with providing innovative solutions to extract hidden value from our asset base. The results we have achieved in 2024 strike at the heart of our business model and strategy.

We believe that 2025 has the potential to be a transformative year for the Company as we work to execute our strategic initiative to become the premier public company focused on managing mature producing assets. The Company’s previously announced accretive acquisitions of Summit Natural Resources and Maverick Natural Resources are proceeding as planned, and we have received encouraging comments from both shareholders and the public debt and equity markets. During the past year, we have seen our strategy and our previous investment decisions yield increased performance in all aspects of our business model. We are optimistic about our future and confident that our current efforts will continue to position us well to have a significant positive impact on shareholder value.”

Operations and Finance Update

Production

Diversified exited the year with December 2024 average production of 864 MMcfepd (144 Mboepd), up 11% versus the December 2023 exit rate of 775 MMcfepd (129 Mboepd), reflecting the cumulative effect of the Company’s 2024 acquisitions and industry-leading PDP declines of ~10% per year^(f).

Diversified ended the year with 4Q24 average production of 843 MMcfepd (141 Mboepd) and full-year 2024 average production of 791 MMcfepd (132 Mboepd).

The Company’s production continues to be positively impacted by Diversified’s Smarter Asset Management (“SAM”) approach focused on the improvement and optimization of production profiles, development of efficiency gains and extension of well life, and the Company is well-positioned to again-deliver on a solid operational foundation for robust cash flows in 2025 with the additional impact of the recently announced acquisitions of Maverick Natural Resources and Summit Natural Resources.

Margin, Realized Price and Total Cash Expenses per Unit

Diversified’s resilient cash flow strategy is exemplified by the Company’s 2024 Adjusted EBITDA Margin of 50%, marking the Company’s seventh consecutive annual period of ~50% margins or higher.

The Company’s commitment to responsibly hedge production and initiatives to expand revenue generation is reflected in 2024 Total Revenue, Inclusive of Settled Hedges per unit of $3.21/Mcfe ($19.28/Boe), with Financial Derivatives Settled in Cash delivering $151 million in cash flows, and Midstream & Other Revenue delivering $63 million in supplemental income during the year.

Prudent expense management resulted in the stable Adjusted Operating Cost per Unit for 2024 of just $1.70/Mcfe ($10.22/Boe) representing a minimal 1% change when compared to the prior year.

		2024				2023
	$/Mcfe		$/Boe		$/Mcfe		$/Boe		%

Total Commodity Revenue,Including the Impact of derivatives settled in cash	$	3.05	$	18.30	$	3.27	$	19.62	(7	)%
Other Revenue¹		0.16		0.98		0.13		0.75	31	%
Average Realized Price¹	$	3.21	$	19.28	$	3.40	$	20.37	(5	)%

Adjusted Operating Cost per Unit^(d)		2024				2023
	$/Mcfe		$/Boe		$/Mcfe		$/Boe		%

Lease Operating Expense²	$	0.73	$	4.40	$	0.64	$	3.83	15	%
Midstream Expense		0.24		1.44		0.23		1.38	4	%
Gathering and Transportation		0.31		1.86		0.32		1.92	(3	)%
Production Taxes		0.12		0.72		0.21		1.26	(43	)%
Total Operating Expense²	$	1.40	$	8.42	$	1.40	$	8.39	—	%
Employees, Administrative Costs and Professional Fees^(g)		0.30		1.80		0.29		1.74	3	%
Adjusted Operating Cost per Unit²	$	1.70	$	10.22	$	1.69	$	10.13	1	%

Adjusted EBITDA Margin^(a)		50%				53%

¹2024 excludes $0.06/Mcfe ($0.34/Boe) and 2023 excludes $0.09/Mcfe ($0.57/Boe) of other revenues generated by Next LVL Energy Values may not sum due to rounding; 2024 excludes $0.09/Mcfe ($0.54/Boe) & 2023 excludes$0.08/Mcfe ($0.48/Boe) of proceeds from land sales ²2024 excludes $(0.07)/Mcfe ($(0.40)/Boe) and 2023 excludes $(0.07)/Mcfe ($(0.43)/Boe) of expenses attributable to Next LVL Energy Values may not sum due to rounding

Results of Hedging and Current Financial Derivatives Portfolio

Diversified’s consistent application of the Company’s differentiated hedging strategy resulted in a 2024 weighted average natural gas hedge floor of $3.26/MMbtu and realized price of $2.49/MMBtu, providing insulation from historically low commodity prices and representing respective premiums of 44% and 10% to the 2024 NYMEX average Henry Hub settlement price of $2.27/MMbtu^(h). The Company enters 2025 with ~80% of consolidated production hedged, and stands to benefit from the recent improvement in the forward strip. The table below reflects Diversified’s full-year hedge positions through calendar year 2027 as of December 31, 2024:

	GAS (Mcf)		NGL (Bbl)		OIL (Bbl)
	Wtd. Avg. Hedge Price⁽ⁱ^)(j)	~ % of Production Hedged^(k)	Wtd. Avg. Hedge Price⁽ⁱ⁾	~ % of Production Hedged^(k)	Wtd. Avg. Hedge Price⁽ⁱ⁾	~ % of Production Hedged^(k)

FY25	$3.32	85%	$33.98	60%	$64.25	90%
FY26	$3.25	75%	$32.38	55%	$62.44	55%
FY27	$3.27	70%	$32.29	45%	$62.67	50%

Environmental Update

Asset Retirement Progress and Next LVL Energy Update

During the year, the Company exceeded its Appalachian well retirement commitments and stated plugging goals by retiring 202 Diversified-operated wells. Total well retirements by Next LVL Energy in Appalachia amounted to 287 wells, including 51 retirements associated with state orphan well programs.

Next LVL Energy continues to be a strategic and value-additive component of Diversified’s vertically integrated operations focused on the full life cycle of operated wells and to provide third-party revenue to offset the cash costs associated with the retirement of operated wells.

Acquisition Update

2024 Acquisitions Update

The Company’s previously announced acquisition of Oaktree Working Interests, Crescent Pass Energy assets and East Texas assets were successfully closed in the course of the year, representing $585 million (gross) in strategic, accretive acquisitions in 2024. These assets have been fully integrated into Diversified’s systems and processes, and are already benefiting from the Company focus on safe, efficient operations through the application of Smarter Asset Management.

Summit Natural Resources

Diversified’s previously announced acquisition of Appalachia and Alabama assets from Summit Natural Resources is proceeding as planned and the Company expects to close the transaction in the first quarter of 2025.

Maverick Natural Resources

As previously announced on January 27, 2025, Diversified has entered into a definitive agreement to acquire Maverick Natural Resources for total consideration of approximately $1,275 million. The acquisition of Maverick by Diversified (the “Acquisition”) adds immediate scale, increases liquids production, and creates a combined company with long-term free cash flow generation, superior unit cash margins, and a compelling sustainability profile.

The Acquisition is expected to close during the first half of 2025, subject to customary closing conditions, including, among others, regulatory clearance and approval by Diversified shareholders for the issue and allotment of the Ordinary Shares pursuant to the merger agreement.

2024 Annual Results and Conference Call Details

Diversified will release its 2024 full-year results on Monday, March 17, 2025 and will host a conference call that day at 12:30 PM GMT (8:30 AM EDT) to discuss the Annual Results.

Footnotes:

(a)	Adjusted EBITDA represents earnings before interest, taxes, depletion, and amortization, and includes adjustments for items that are not comparable period-over-period; As presented, Adjusted EBITDA includes the impact of the accounting basis for land sales; Adjusted EBITDA Margin represents Adjusted EBITDA (excluding the adjustment for the accounting basis on land sales) as a percent of Total Revenue, Inclusive of Settled Hedges; For purposes of comparability, Adjusted EBITDA Margin excludes Other Revenue of $16 million in 2024 and $28 million in 2023, and Lease Operating Expense of $19 million in 2024 and $21 million in 2023 associated with Diversified’s wholly owned plugging subsidiary, Next LVL Energy.
(b)	Free Cash Flow represents net cash provided by operating activities less expenditures on natural gas and oil properties and equipment and cash paid for interest; As used herein, Adjusted Free Cash Flow represents Free Cash Flow, plus cash proceeds from undeveloped acreage sales; Adjusted Free Cash Flow Yield is calculated using 2024 Free Cash Flow per share, divided by the 2024 average share price of $13.47; Free Cash Flow per Share calculated as Adjusted Free Cash Flow divided by average shares outstanding of 48,031,916 during the period.
(c)	Includes the impact of derivatives settled in cash; Excludes the impact of land sales during the period; For purposes of comparability, excludes certain amounts related to Diversified’s wholly owned plugging subsidiary, Next LVL Energy.
(d)	Adjusted Operating Cost represent total lease operating costs plus recurring administrative costs. Total lease operating costs include base lease operating expense, owned gathering and compression (midstream) expense, third-party gathering and transportation expense, and production taxes. Recurring administrative expenses (Adjusted G&A) is a Non-IFRS financial measure defined as total administrative expenses excluding non-recurring acquisition & integration costs and non-cash equity compensation; For purposes of comparability, excludes certain amounts related to Diversified’s wholly owned plugging subsidiary, Next LVL Energy.
(e)	Share repurchases include activity by Diversified’s Employee Benefit Trust.
(f)	Calculated as the rate of decline in average daily production from December 2023 to December 2024, adjusted to exclude the impact of acquisitions and divestitures.
(g)	As used herein, employees, administrative costs and professional services represents total administrative expenses excluding cost associated with acquisitions, other adjusting costs and non-cash expenses. We use employees, administrative costs and professional services because this measure excludes items that affect the comparability of results or that are not indicative of trends in the ongoing business.
(h)	Calculated as the average monthly settlement price for NYMEX Henry Hub futures contracts.
(i)	Weighted average price reflects the weighted average of the swap price and floor price for collar contracts as applicable.
(j)	MMBtu prices have been converted to Mcf using a richness factor of 1Mcf=1.036 MMBtu, calculated as the weighted average Btu richness factor for the twelve months ended December 31, 2024.
(k)	Illustrative percent hedged, calculated using December 2024 average production and assuming a consolidated annual corporate decline rate of 10%; Calculation assumes constant product mix over the illustrative decline period.

For Company-specific items, refer also to the Glossary of Terms and/or Alternative Performance Measures found in the Company’s Annual Report and Form 20-F for the year ended December 31, 2023 filed with the United States Securities and Exchange Commission and available on the Company’s website.

For further information, please contact:

About Diversified Energy Company PLC

Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique and differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

Forward-Looking Statements

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and business of the Company and its wholly owned subsidiaries (the “Group”). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. These forward-looking statements, which contain the words “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”,”should”,”intend”, “will”, “seek”, “continue”, “aim”, “target”, “projected”, “plan”, “goal”, “achieve” and words of similar meaning, reflect the Company’s beliefs and expectations and are based on numerous assumptions regarding the Company’s present and future business strategies and the environment the Company and the Group will operate in and are subject to risks and uncertainties that may cause actual results to differ materially. No representation is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of the Company or the Group to be materially different from those expressed or implied by such forward looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company’s or the Group’s ability to control or estimate precisely, such as the expected timing and likelihood of completion of the Acquisition and the risk that problems may arrise in successfully integrating Maverick or that the combined company may not achieve synergies as expected,as well as factors such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of regulators and other factors such as the Company’s or the Group’s ability to continue to obtain financing to meet its liquidity needs, the Company’s ability to successfully integrate its other acquisitions, changes in the political, social and regulatory framework in which the Company or the Group operate or in economic or technological trends or conditions. The list above is not exhaustive and there are other factors that may cause the Company’s or the Group’s actual results to differ materially from the forward-looking statements contained in this announcement, including the risk factors described in the “Risk Factors” section in the Company’s Annual Report and Form 20-F for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission ( the “SEC”) and the risk factors descibed in Exhibit 99.2 to the Company’s Form 6-k furnished with the SEC on January 27, 2025.

Forward-looking statements speak only as of their date and neither the Company nor the Group nor any of its respective directors, officers, employees, agents, affiliates or advisers expressly disclaim any obligation to supplement, amend, update or revise any of the forward-looking statements made herein, except where it would be required to do so under applicable law. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements in this announcement, may not occur. As a result, you are cautioned not to place undue reliance on such forward-looking statements. Past performance of the Company cannot be relied on as a guide to future performance. No statement in this announcement is intended as a profit forecast or a profit estimate and no statement in this announcement should be interpreted to mean that the financial performance of the Company for the current or future financial years would necessarily match or exceed the historical published for the Company.

Unaudited Financial Information

Certain financial and operating results included in this announcement are based on unaudited estimated results. These estimated results are subject to change upon completion of the Company’s audited financial statements for the year ended December 31, 2024, and changes could be material. The Company anticipates publishing its audited financial results for the year ended December 31, 2024 on Tuesday, March 17, 2025.

Use of Non-IFRS Measures

Certain key operating metrics that are not defined under IFRS (alternative performance measures) are included in this announcement. These non-IFRS measures are used by us to monitor the underlying business performance of the Company from period to period and to facilitate comparison with our peers. Since not all companies calculate these or other non-IFRS metrics in the same way, the manner in which we have chosen to calculate the non-IFRS metrics presented herein may not be compatible with similarly defined terms used by other companies. The non-IFRS metrics should not be considered in isolation of, or viewed as substitutes for, the financial information prepared in accordance with IFRS. Certain of the key operating metrics are based on information derived from our regularly maintained records and accounting and operating systems. We have not presented reconciliations of the non-IFRS measures included in this announcement because the comparable IFRS measures will not be accessible until the Company’s audited financial results for the year ended December 31, 2024 are complete. The Company will include the comparable IFRS measures and reconciliations of the non-IFRS measures in its release of full-year results, which we expect to publish on Tuesday, March 17, 2025.

The MIL Network –

February 12, 2025

MIL-OSI: HackerRank Introduces New Benchmark to Assess Advanced AI Models
Source: GlobeNewswire (MIL-OSI)

CUPERTINO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — HackerRank, the Developer Skills Company, today introduced its new ASTRA Benchmark. ASTRA, which stands for Assessment of Software Tasks in Real-World Applications, is designed to evaluate the capabilities of advanced AI models, such as ChatGPT, Claude or Gemini, to perform tasks across the entire software development lifecycle.

The ASTRA Benchmark consists of multi-file, project-based problems designed to mimic real-world coding tasks. The intent of the HackerRank ASTRA Benchmark is to determine the correctness and consistency of an AI model’s coding ability in relation to practical applications.

“With the ASTRA Benchmark, we’re setting a new standard for evaluating AI models,” said Vivek Ravisankar, co-founder and CEO of HackerRank. “As software development becomes more human + AI, it’s important that we have a very good understanding of the combined abilities. Our experience pioneering the market in assessing software development skills makes us uniquely qualified to assess the abilities of AI models acting as agents for software developers.”

A key highlight from the benchmark showed o1 from OpenAI was the top performer, but Claude- -3.5-sonnet produced more consistent results.

Key features of ASTRA Benchmark include:
- Diverse skill domains: The current version includes 65 project-based coding questions, primarily focused on front-end development. These questions are categorized into 10 primary coding skill domains and 34 subcategories.
- Multi-file project questions: To mimic real-world development, ASTRA’s dataset includes an average of 12 source code and configuration files per question as model inputs. This results in an average of 61 lines of solution code per question.
- Model correctness and consistency evaluation: To provide a more precise assessment, ASTRA prioritizes comprehensive metrics such as average scores, average pass@1 and median standard deviation.
- Wide test case coverage: ASTRA’s dataset contains an average of 6.7 test cases per question, designed to rigorously evaluate the correctness of implementations.
- Benchmark Results: For a full report and analysis of the initial benchmark results, please visit hackerrank.com/ai/astra.
Ravisankar added, “By open sourcing our ASTRA Benchmark, we’re offering the AI community the opportunity to run their models against a high-quality, independent benchmark. This supports the continued advancement of AI while fostering more collaboration and transparency in the AI community to ensure the integrity of new models.”

For more information about HackerRank’s ASTRA Benchmark, contact rafik@hackerrank.com.

About HackerRank
HackerRank, the Developer Skills Company, leads the market with over 2,500 customers and a community of over 25 million developers. Having pioneered this space, companies trust HackerRank to help them set up a skills strategy, showcase their brand to developers, implement a skills-based hiring process, and ultimately upskill and certify employees…all driven by AI. Learn more at hackerrank.com.

The MIL Network –
February 12, 2025
MIL-OSI: Employ Introduces New Features in Winter 2025 Product Release
Source: GlobeNewswire (MIL-OSI)

DENVER, Feb. 11, 2025 (GLOBE NEWSWIRE) — Employ Inc., a leading provider of people-first recruiting and talent acquisition solutions, including JazzHR, Lever and Jobvite, today announced the details of its Winter 2025 product release.

In today’s job market, where every hire matters, it is time for recruiters to shift from ‘doing more with less’ to ‘doing better.’ To help bring out the best in recruiting teams, Employ has invested in and delivered new innovations to enhance the effectiveness and consistency of the entire hiring process.

The Employ Winter release is focused on delivering simpler processes and a flexible talent ecosystem to help enhance the recruiting process. These enhancements streamline recruiting operations by automating tasks, improving connectivity and reducing errors, enabling teams to focus on strategic hiring and building stronger candidate relationships.

Highlights include:
- A more simplified, candidate-friendly experience
  - Empower candidates to take control of their interview experience by self-scheduling for in-person and virtual panel interviews in Lever.
  - Ensure candidates receive timely communications with Jobvite’s automated interview invitations.
- Automation and insights so recruiters can focus on more impactful work
  - Jobvite customers can connect their CRM to LinkedIn Recruiter to streamline the sourcing workflow. Recruiters can find and add promising candidates from LinkedIn to their CRM while maintaining an accurate work history and skills data.
  - Free up recruiters’ time for high-impact work with the ability to update multiple jobs at once, positively impacting the overall candidate experience
    
    For Lever customers, recruiters can now close multiple roles simultaneously, eliminating repetitive, manual work.
    
    Within Jobvite, recruiters can now update multiple requisition statuses at the same time to accelerate the hiring process without the admin work.
- Greater flexibility for admins to build the right workflow for their needs
  - For Jobvite customers, their third-party vendors can now pull candidate data from their CRM based on criteria like date ranges and status changes.
  - Recruiters can now easily turn LinkedIn Easy Apply on and off per job in JazzHR, allowing them to control application volume and conduct more targeted sourcing efforts. This innovation will roll out progressively to all customers in March.
“At Employ, we’re focused on driving innovations across our entire portfolio that address, head-on, the real problems of recruiters today,” said Dara Brenner, Chief Product Officer at Employ. “With simpler processes and a flexible talent ecosystem, we can enable recruiters to focus on building meaningful relationships with top talent and achieve better hiring outcomes to drive organizational success. We are committed to growth and excellence for our customers, and with personalized choice and optionality, we can help them stay ahead and remain flexible in an increasingly competitive landscape.”

Brenner continued, “This year, customers in the Employ ecosystem can anticipate faster access to industry-leading hiring technology. By building foundational components once and seamlessly integrating them across all our best-in-class applicant tracking systems, we’re accelerating time to market, ensuring that every customer, regardless of size, benefits from the same innovative technology to increase their competitive advantage.”

For more from Brenner about this current release and what’s ahead for Employ, read the company’s latest blog here.

To learn more about Employ Inc. and its people-first approach to talent acquisition, visit www.employinc.com.

About Employ Inc.
Employ Inc. provides people-first recruiting solutions that empower companies to overcome their greatest hiring challenges. Serving SMBs to global enterprises, Employ focuses on the unique recruiting needs of each organization — from foundational hiring to sophisticated talent acquisition. Employ is the only organization to offer companies choice in their hiring solutions, providing a curated set of recruiting technologies and services. Together, Employ and its solutions (JazzHR, Lever, Jobvite) serve more than 23,000 customers across multiple industries. For more information, visit www.employinc.com.

The MIL Network –
February 12, 2025

MIL-OSI: Bread Financial Provides Performance Update for January 2025

Source: GlobeNewswire (MIL-OSI)

COLUMBUS, Ohio, Feb. 11, 2025 (GLOBE NEWSWIRE) — Bread Financial ^® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated:

	For the month ended January 31, 2025			For the month ended January 31, 2024
	(dollars in millions)
End-of-period credit card and other loans	$	18,366		$	18,785
Average credit card and other loans	$	18,530		$	18,915
Year-over-year change in average credit card and other loans		(2	%)		(9	%)
Net principal losses	$	123		$	128
Net loss rate		7.8	%		8.0	%

	As of January 31, 2025			As of January 31, 2024
	(dollars in millions)
30 days + delinquencies – principal	$	1,032		$	1,170
Period ended credit card and other loans – principal	$	16,874		$	17,311
Delinquency rate		6.1	%		6.8	%

About Bread Financial^® 
Bread Financial^® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements give our expectations or forecasts of future events and can generally be identified by the use of words such as “believe,” “expect,” “anticipate,” “estimate,” “intend,” “project,” “plan,” “likely,” “may,” “should” or other words or phrases of similar import. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements we make regarding, and the guidance we give with respect to, our anticipated operating or financial results, future financial performance and outlook, future dividend declarations, and future economic conditions.

We believe that our expectations are based on reasonable assumptions. Forward-looking statements, however, are subject to a number of risks and uncertainties that are difficult to predict and, in many cases, beyond our control. Accordingly, our actual results could differ materially from the projections, anticipated results or other expectations expressed in this release, and no assurances can be given that our expectations will prove to have been correct. Factors that could cause the outcomes to differ materially include, but are not limited to, the following: macroeconomic conditions, including market conditions, inflation, interest rates, labor market conditions, recessionary pressures or concerns over a prolonged economic slowdown, and the related impact on consumer spending behavior, payments, debt levels, savings rates and other behaviors; global political and public health events and conditions, including ongoing wars and military conflicts and natural disasters; future credit performance, including the level of future delinquency and write-off rates; the loss of, or reduction in demand from, significant brand partners or customers in the highly competitive markets in which we compete; the concentration of our business in U.S. consumer credit; inaccuracies in the models and estimates on which we rely, including the amount of our Allowance for credit losses and our credit risk management models; the inability to realize the intended benefits of acquisitions, dispositions and other strategic initiatives; our level of indebtedness and ability to access financial or capital markets; pending and future federal and state legislation, regulation, supervisory guidance, and regulatory and legal actions, including, but not limited to, those related to financial regulatory reform and consumer financial services practices, as well as any such actions with respect to late fees, interchange fees or other charges; impacts arising from or relating to the transition of our credit card processing services to third party service providers that we completed in 2022; failures or breaches in our operational or security systems, including as a result of cyberattacks, unanticipated impacts from technology modernization projects or otherwise; and any tax or other liability or adverse impacts arising out of or related to the spinoff of our former LoyaltyOne segment or the bankruptcy filings of Loyalty Ventures Inc. (LVI) and certain of its subsidiaries and subsequent litigation or other disputes. In addition, the Consumer Financial Protection Bureau (CFPB) has issued a final rule that, absent a successful legal challenge, will place significant limits on credit card late fees, which would have a significant impact on our business and results of operations for at least the short term and, depending on the effectiveness of the mitigating actions that we have taken or may in the future take in anticipation of, or in response to, the final rule, may potentially adversely impact us over the long term; we cannot provide any assurance as to the effective date of the rule, the result of any pending or future challenges or other litigation relating to the rule, or our ability to mitigate or offset the impact of the rule on our business and results of operations. The foregoing factors, along with other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements, are described in greater detail under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. Our forward-looking statements speak only as of the date made, and we undertake no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.

Contacts
Brian Vereb — Investor Relations
Brian.Vereb@breadfinancial.com

Susan Haugen — Investor Relations
Susan.Haugen@breadfinancial.com

Rachel Stultz — Media
Rachel.Stultz@breadfinancial.com

The MIL Network –

February 12, 2025

MIL-OSI: OTC Markets Group Welcomes Tantalus Systems Holding Inc. to OTCQX

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Tantalus Systems Holding Inc. (TSX: GRID; OTCQX: TNTLF), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, has qualified to trade on the OTCQX® Best Market. Tantalus Systems Holding Inc. upgraded to OTCQX from the Pink® market.

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

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

“Accessing the OTCQX Market highlights Tantalus’ dedication to transparency and operational excellence while also strengthening our access to U.S. investors,” said Peter Londa, President & CEO of Tantalus. “Given that the vast majority of our utility customers and revenue is generated from the United States, we believe cross-trading between the TSX and OTCQX will enhance liquidity and reinforces our commitment to delivering long-term value for our shareholders.”

About Tantalus Systems Holding Inc.
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at http://www.tantalus.com/.

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

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

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

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

Subscribe to the OTC Markets RSS Feed

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

The MIL Network –

February 12, 2025
MIL-OSI: Bishop Fox appoints Christopher Martin as Chief Operating Officer

Source: GlobeNewswire (MIL-OSI)

PHOENIX, Feb. 11, 2025 (GLOBE NEWSWIRE) — Bishop Fox, the leading authority in offensive security, today announced the addition of Christopher Martin as the company’s new COO. Martin has extensive experience as an entrepreneur, scaling operations and driving growth from startups to multi-billion dollar organizations, while safeguarding culture and quality of services. Martin will be responsible for Bishop Fox Service Delivery, Finance, People, Product and R&D, reporting to Bishop Fox Co-Founder and CEO, Vinnie Liu.

Martin joins Bishop Fox at a time that has seen the company continue its steady growth and maintain its market leadership in continuous offensive security and penetration testing services. Notably, the company saw Annual Recurring Revenues grow by nearly 60 percent, and year-over-year partner bookings increase by more than 200 percent, beating targets by more than 70 percent. Bishop Fox also expanded its European presence, and added former @Stake and Neohapsis CEO, James Mobley to its Advisory Board.

Martin brings a wealth of experience in overseeing strong organic and inorganic growth for B2B SaaS and applied AI organizations. In particular he co-founded, grew and executed the successful acquisition of digital marketing services & consultancy firm MightyHive, and later served as public Executive Director of S4 Capital. He has held a number of executive positions including his time in the Controllership of Yahoo!’s $6 billion P&L, and later the Mergers and Acquisitions group, guiding acquisitions and operational integrations. Martin is an active investor and advisor in Applied AI and B2B SaaS startups. He holds a Bachelor of Science in Computer Engineering from Lehigh University, and MBA from The Wharton School.

“Bishop Fox is at the forefront of the evolving offensive security landscape,” commented Martin. “Our technology-driven approach —combining elite human expertise with automation, AI-driven threat emulation, and deep integrations—delivers adaptive, real-time defense at enterprise scale. As attack surfaces expand and adversaries evolve, our ability to provide continuous, intelligence-led security validation, positions us as a strategic partner in fortifying large enterprises against emerging threats. The opportunity to redefine security resilience and drive measurable impact for our clients has never been greater.”

“Bishop Fox has always had a focus on all around quality – quality of life, quality of work and quality of our business,” added Liu. “So, as we searched for our next COO, we needed to find someone that respected and excelled at all three. In meeting and talking with Chris, his passion for taking care of people, a focus on collaboration, and a forward-thinking mindset came through as strongly as his many career accomplishments. We’re very happy to have him on the team and look forward to continuing to build great things together.”

About Bishop Fox

Bishop Fox is the leading authority in offensive security, providing solutions ranging from continuous penetration testing, red teaming, and attack surface management to product, cloud, and application security assessments. We’ve worked with more than 25% of the Fortune 100, half of the Fortune 10, eight of the top 10 global technology companies, and all of the top global media companies to improve their security. Our Cosmos platform, service innovation, and culture of excellence continue to gather accolades from industry award programs including Fast Company, Inc., SC Media, and others, and our offerings are consistently ranked as “world class” in customer experience surveys. We’ve been actively contributing to and supporting the security community for almost two decades and have published more than 16 open-source tools and 50 security advisories in the last five years. Learn more at bishopfox.com or follow us on Twitter.

Media Contact:

Kevin Kosh, Senior Director of Communications

kkosh@bishopfox.com

The MIL Network –

February 12, 2025
MIL-OSI: CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Q4-2024, Year-End
Source: GlobeNewswire (MIL-OSI)

Katy, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors unaudited financial results for the fourth quarter ended December 31, 2024, Year-End 2024.

Key Financial Highlights for Three Months Ended December 31, 2024, Compared to Prior Year Period:
- 2024 Revenues of $1.73 Million vs 2023 Revenues of $1.98 Million
- 2024 EBITDA of $96,220 vs 2023 EBITDA of $51,567
- 2024 Net Income of $48,633 vs 2023 Net Income (loss) of ($9,749)
Key Financial Highlights for Twelve Months Ended December 31, 2024, Compared to Prior Year Period:
- 2024 Revenues of $8.00 Million vs 2023 Revenues of $9.31 Million
- 2024 EBITDA of $180,850 vs 2023 EBITDA of $732,733
- 2024 Net Income (loss) of ($44,322) vs 2023 Net Income of $449,293
Management Commentary:

Chief Executive Officer Christopher Williams commented, “The Company continues to produce substantial annual revenues between $8MM-$10MM, making it a top-tier company in the OTC Markets space. Despite posting ~$8MM in revenue for 2024, the Company only slightly missed its 2024 volume sales target compared to 2023. The result in the ~$1.0MM revenue drop is due to the lower average cost of renewable and petroleum-based fuels in 2024 compared to the increased average cost of renewable and petroleum-based fuels in 2023. The Company regained OTCQB status in May 2024 and continues to seek an uplisting to Nasdaq or NYSE with a $5MM-$15MM capital raise to execute its growth plan.

The Company’s 2024 Financial Audit has started and will report its SEC Form 1-K (2024 Annual Report) by 4/30/2025.

Additional accurate information about the Company can be found on the OTC Markets website at the following links and on the EDGAR filing website provided by the Securities and Exchange Commission:

CWPE Overview
CWPE Security Detail
CWPE Financials
CWPE News
CWPE Disclosures

SEC Filings

For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com , or call 281-817-8099

About CW Petroleum Corp

CW Petroleum Corp, a Texas corporation, began operations in 2011. CW Petroleum Corp, a Wyoming corporation, was incorporated in April 2018 and has acquired the Texas corporation as a wholly-owned subsidiary. CW Petroleum Corp supplies and distributes Biodiesel, Biodiesel Blends, Renewable Gasoline, and a 92 Octane Reformulated No Ethanol Gasoline to distributors, convenience stores, marinas, and end-users. The EPA licenses the Company to create its proprietary gasoline blends. CW Petroleum Corp is licensed to distribute Diesel Fuel & Gasoline by the States of Texas, Louisiana, Oklahoma, California, Colorado, New Jersey, Maryland, Pennsylvania, and Arizona.

Forward-Looking Statements

Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The MIL Network –
February 12, 2025
MIL-OSI: Thriving and Flourishing Throughout 2024, Plum Sets Sights on Continued Growth in 2025

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Reflecting on the company’s 18 percent growth over the past year, revolutionary talent assessment provider Plum expects to see the trend accelerate in the coming months. Citing the versatility of its offerings across the employee journey, including talent acquisition, internal mobility and leadership development, Plum secured several new clients, expanded existing relationships and forged significant partnerships throughout 2024.

Plum CEO Caitlin MacGregor commented, “For Plum, 2024 was marked by the launch of PlumFlourish and PlumThrive, which were driven by the need to address very specific workforce challenges around career development and talent insights. Because of this, Plum is able to ensure that employees and employers can navigate today’s dynamic business environment, and enterprise organizations are looking to us for that guidance.”

With the availability of PlumFlourish and PlumThrive alongside the company’s other enterprise solutions, Plum began working with Advocate Aurora Health, Scotia Caribbean and Temenos while expanding relationships with a Canadian multinational investment bank and financial services company, Arup, Bloomberg, CMP, Foundever and Hyundai Canada. Through Plum’s continued support for its customer base, the company helped to reimagine hiring processes, improve productivity, fill positions with internal talent, promote team development, maximize team efficiency and allow human potential to drive decision-making.

On the partnership front, Plum added FairNow, Fountain, HackerRank, North Star Talent and Paylocity to its marketplace and finalized integration experiences with iCIMS and Paylocity. Plum also expanded its partnership with SAP SuccessFactors.

MacGregor concluded, “By focusing on product and nurturing our relationships, Plum has built a strong foundation and maintained momentum, even through the headwinds observed last year. That’s what sets Plum apart and what makes Plum poised for success in 2025.”

About Plum

Revolutionary workforce solutions provider Plum knows that when people flourish, business thrives. Using objective data backed by scientific insights to measure and match human potential to job needs, Plum provides personalized career insights, improves quality of hire and helps create high-performing teams.

With unmatched scalability, the award-winning Plum platform enhances talent decisions across the employee lifecycle, making it possible to understand skills, quantify job fit and analyze organizational culture. Visit www.plum.io to learn more.

The MIL Network –

February 12, 2025
MIL-OSI: Anterix Announces Industry Engagement Initiative to Accelerate Private Wireless Broadband Opportunity and Engages Morgan Stanley to Initiate Strategic Review Process

Source: GlobeNewswire (MIL-OSI)

WOODLAND PARK, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) — Anterix (NASDAQ: ATEX) announced today that after receiving inbound interest in the Company, it has engaged Morgan Stanley & Co. LLC (“Morgan Stanley”) as its financial advisor to support a formal strategic review process for the Company to capitalize on the growing demand and urgency for private wireless broadband solutions for the utility industry.

Additionally, as the recognized market leader in the private wireless broadband space for utilities, Anterix has launched a new industry engagement initiative to address and shorten the time to realization of value for Anterix and its customers to allow them to more quickly deploy 900 MHz private wireless broadband networks. This initiative, which will include a significant review of pricing, payment and ownership terms as well as the potential for collaboration with strategic partners on additional products and services with Anterix’s 120+ member ecosystem, is already receiving significant interest from utilities.

“Anterix has more experience regarding how to enable private networks for utilities than anyone. With this new initiative, we are going to aggressively evolve our product offering to build on that success. With our seven customers across fifteen states, our 120+ member ecosystem, and our fantastic team, we are poised to continue to capture the growing utility wireless broadband marketplace,” said Scott Lang, President & CEO of Anterix.

Mr. Lang continued, “As the leading provider of private wireless broadband, zero debt, and a strong customer pipeline, it does not surprise us that we have had some inbound strategic interest to participate with us in our efforts. Accordingly, we have turned to the leaders in this field, Morgan Stanley. With them, we will review strategic opportunities to capitalize on the value that lies in front of us, with a focus on what is in the best interest of our shareholders, customers and employees. I am excited to work with Morgan Stanley on this strategic review and equally excited to see the extensive utility interest in the evolution of our product offering.”

As a reminder, Anterix previously announced that it will be hosting its third quarter fiscal 2025 earnings call tomorrow, Wednesday February 12, 2025, at 9:00 A.M. ET. More information can be found on the Investor Relations section of Anterix’s website at https://investors.anterix.com/events-presentations.

There is no deadline or definitive timetable for completion of the strategic review, and there can be no assurance regarding the results or the outcome of this review. Anterix does not intend to make any further announcements regarding the strategic review except in accordance with its ongoing disclosure obligations and pursuant to applicable laws and regulations.

Shareholder Contact

Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com

About Anterix

At Anterix, we partner with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 100 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Alaska, Hawaii, and Puerto Rico, we are uniquely positioned to enable private wireless broadband solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit www.anterix.com.

Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s industry engagement initiatives or strategic review or business or financial results or outlook. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements speak only as of the date they are made and readers are cautioned not to put undue reliance on such statements, as they are subject to a number of risks and uncertainties that could cause Anterix’s actual future results to differ materially from results indicated in the forward-looking statement. Such statements are based on assumptions that could cause actual results to differ materially from those in the forward-looking statements, including: (i) the timing of payments under customer agreements; (ii) Anterix’s ability to clear the 900 MHz Broadband Spectrum on a timely basis and on commercially reasonable terms; (iii) Anterix’s ability to qualify for and timely secure broadband licenses; (iv) Anterix’s ability to execute on its industry engagement initiatives; (v) the timing and outcome of Anterix’s strategic review process; (vi) whether Anterix will be able to identify, develop or execute on any actions as a result of its strategic review process and (vii) competition in the market for spectrum and spectrum solutions offered by Anterix. Actual events or results may differ materially from those contemplated in this press release. Anterix’s filings with the Securities and Exchange Commission (“SEC”), which you may obtain for free at the SEC’s website at http://www.sec.gov, discuss some of the important risk factors that may affect the Company’s financial outlook, business, results of operations and financial condition. Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein.

The MIL Network –

February 12, 2025
MIL-OSI: Beamr to Present at the A.G.P.’s Virtual Technology Conference

Source: GlobeNewswire (MIL-OSI)

Herzliya Israel, Feb. 11, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced that it will present virtually at the Alliance Global Partners (A.G.P) Technology Conference. The conference, offering investors one-on-one meetings with Beamr executives, will be held virtually Tomorrow, February 12, 2025. For more information, please visit AGP website.

Beamr is a world leader in high-performance video processing, trusted by top media companies like Netflix and Paramount. With patented, award-winning technology, Beamr reduces video file sizes and live streams by up to 50%, while securing quality. Available on Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI), Beamr Cloud delivers GPU-accelerated video processing to large video users, which includes efficient upgrades to advanced video formats, and scalable video enhancements with AI-powered capabilities.

For more details, please visit Beamr’s Investors website: https://www.investors.beamr.com/

About Beamr

Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit www.beamr.com

Forward-Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:

investorrelations@beamr.com

The MIL Network –

February 12, 2025
MIL-OSI: GigaCloud Technology Inc Strengthens Its B2B Marketplace with Leading Furniture Suppliers

Source: GlobeNewswire (MIL-OSI)

EL MONTE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced a strong lineup of new suppliers joining its GigaCloud Marketplace, further solidifying its position as a trusted global B2B wholesale platform.

New suppliers to the GigaCloud Marketplace include Purple Innovation Inc. (Nasdaq: PRPL), Homestyles, a brand of Flexsteel Industries Inc. (Nasdaq: FLXS), Corsicana Mattress Company, Restonic, Walker Edison, GhostBed, Simpli Home and others. These newly added suppliers have joined the GigaCloud Marketplace as new 3P sellers, encompassing a broad range of home furnishings, including living room furniture, bedroom bedding and furniture, dining room sets, and home office solutions. Many are known for their thoughtful design, quality craftsmanship, and versatility, appealing to a range of styles from contemporary to traditional.

“This latest wave of new suppliers highlights the value and trust our platform brings to the evolving B2B market, demonstrating GigaCloud’s commitment to accelerating growth and product diversity,” said Larry Wu, Founder, Chairman, and Chief Executive Officer of GigaCloud. “By welcoming these esteemed suppliers, we continue to enhance our market leadership in large-parcel B2B ecommerce—empowering suppliers with expanded market reach, providing resellers with a broader selection of trusted products, and facilitating seamless global wholesale trade for businesses of all sizes.”

“Partnering with GigaCloud has opened up exciting new avenues for Purple to extend our market presence,” said Mason Stephens, Vice President, Head of Wholesale at Purple Innovation Inc. “GigaCloud’s robust marketplace provides an efficient way to connect with a broader reseller base, enabling us to further drive our growth and bring Purple’s innovative comfort solutions to more businesses and their customers. We look forward to a promising future of growth and collaboration with GigaCloud.”

“We are excited to partner with GigaCloud to bring our Homestyles brand to an innovative digital marketplace,” said Andrew Surdyka, VP of Strategic Accounts at Flexsteel Industries Inc. “This collaboration represents an exciting opportunity for us to enhance our digital presence and reach new customers while maintaining the high standards of quality and service that Flexsteel Industries is known for.”

About GigaCloud Technology Inc

GigaCloud Technology Inc is a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. GigaCloud offers a comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories, including home appliances and fitness equipment. For more information, please visit the Company’s website: https://www.gigacloudtech.com.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

GigaCloud Technology Inc
Investor Relations
ir@gigacloudtech.com

PondelWilkinson, Inc.
Laurie Berman (Investors) – lberman@pondel.com
George Medici (Media) – gmedici@pondel.com

The MIL Network –

February 12, 2025
MIL-OSI Video: UK ‘Order, order’ your tickets for a tour in Speaker’s House and take a peek beyond the Chair…

Source: United Kingdom UK Parliament (video statements)

Experience the history of the role of Speaker of the House of Commons up close over Easter recess.

Find out more: https://www.parliament.uk/business/news/2025/january/easter-speakers-house-tours/

https://www.youtube.com/watch?v=ncGkocmTPoQ

MIL OSI Video –

February 12, 2025
MIL-OSI Video: Financing for Development – Press Conference | United Nations

Source: United Nations (Video News)

Press conference by José Antonio Ocampo, Chair of International Commission of Experts (ICE), on Financing for Development.

https://www.youtube.com/watch?v=ti5VEHM6FR4

MIL OSI Video –

February 12, 2025
MIL-OSI Video: Risking It All: Saving Ukraine’s Soil from War’s Deadly Remnants | United Nations

Source: United Nations (Video News)

War leaves scars not only on people but also on the land. In Ukraine, vast fields are littered with explosive remnants, threatening the future of farming. Tiphaine Lucas, a Programme Coordinator for FAO’s Mine Action and Land Rehabilitation Initiative, is on a mission to collect and analyze soil samples, ensuring the land can once again grow wheat and sustain communities. Watch how science and resilience are helping Ukraine rebuild.

https://www.youtube.com/watch?v=bugUjM3hD58

MIL OSI Video –

February 12, 2025
MIL-OSI Video: Secretary Wright joins FOX’s Will Cain – February 10th, 2025

Source: United States of America – Federal Government Departments (video statements)

https://www.youtube.com/watch?v=2VpOcNPlRmY

MIL OSI Video –

February 12, 2025
MIL-OSI Video: Artemis II to the Moon: Launch to Splashdown (NASA Mission Animation)

Source: United States of America – Federal Government Departments (video statements)

The Artemis II mission, slated to launch early 2026, will fly four astronauts around the Moon. This mission will last for about 10 days and will be the first crewed test flight of the Space Launch System rocket, the Orion spacecraft, and the Exploration Ground Systems at NASA’s Kennedy Space Center Florida needed to support them.

Not only will this mission be the first time in over 50 years that human beings have seen the Moon close-up, Artemis II will also prepare us for future human landings on the Moon starting with the Artemis III mission and help prepare for future missions to Mars.

To learn more about the Artemis II mission, visit: https://www.nasa.gov/mission/artemis-ii/

Credit: NASA

https://www.youtube.com/watch?v=Ke6XX8FHOHM

MIL OSI Video –

February 12, 2025
MIL-OSI Video: Homeland Security Committed to Safe Super Bowl

Source: United States of America – Federal Government Departments (video statements)

Department of Homeland Security Secretary Kristi Noem talks about DHS’s commitment to a safe Super Bowl.

https://www.youtube.com/watch?v=GAbmjLJnUzc

MIL OSI Video –

February 12, 2025
MIL-OSI Russia: HSE scientists have taken an important step towards developing 6G communication technologies

Translartion. Region: Russians Fedetion –

Source: State University Higher School of Economics – State University Higher School of Economics –

Researchers MIEM HSE University has demonstrated the efficient operation of a 6G wireless communication channel at sub-terahertz frequencies for the first time in Russia. The device transmits data at a speed of 12 Gbit/s and maintains signal stability, automatically switching when blocked. The indicators correspond to international 6G standards. A description of some elements of the system is presented in article, published in the electronic press archive arXiv.

Scientists from MIEM HSE have demonstrated the efficient operation of a sixth-generation (6G) data transmission system for the first time in Russia. The experiment confirmed that the system can operate in laboratory conditions while maintaining high data transfer rates and communication stability. The demonstrator used frequencies of 141–148.5 and 151.5–164 GHz, and the data transfer rate reached 12 Gbit/s. These indicators correspond to international standards for communication channels of sixth-generation (6G) and IMT-2030 networks, in particular ETSI GR THz 002 V1.1.1 (March 2024) and the International Telecommunication Union (ITU) ITU-R M.2160.

The main feature of the system is the control of signal distribution in real time. If the signal is blocked, the system automatically switches to another antenna. This makes the connection stable even in difficult conditions. Some of the system components were developed at MIEM HSE and Moscow State Pedagogical University. For example, this is the RIS panel (compliant with ITU-R M.2541-0, May 2024), or frequency-selective surface, which controls the direction of signal transmission, as well as diode detectors that allow the system to operate at subterahertz frequencies.

Currently, the system’s range is limited by the size of the room, but this can be changed by replacing the antennas. The technology can be useful in high-speed communication networks, Internet of Things systems. Scientists plan to use machine learning to improve signal distribution and protection against interference.

“We have shown that the 6G system can reliably transmit data at the required frequencies and speeds. This is an important step for the development of communication technologies. In the future, we will work to make the system even more resilient using machine learning. For example, we plan to teach it to automatically control the signal beam so that the connection remains stable even when users are moving,” the director comments. Research Institute of Telecommunications MIEM HSE Professor Evgeny Kucheryavy.

The development has attracted the interest of telecommunications companies. Options for creating commercial devices that can compete with foreign analogues are already being discussed.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

February 12, 2025
MIL-OSI Russia: Survey for international students

Translartion. Region: Russians Fedetion –

Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

The Russian International Affairs Council is conducting a survey of foreign students to identify the factors they pay special attention to when applying to Russian universities, as well as the problems they face when searching for the necessary information. The data obtained will help improve the efficiency of recruiting foreign students to Russian universities.

We invite foreign students to take part in the survey!

The survey is open until February 28, 2025.

Link to the survey

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

February 12, 2025

MIL-OSI Economics: All Agency Banks to remain open for public on March 31, 2025 (Monday)

Source: Reserve Bank of India

RBI/2024-25/112
DOR.CO.SOG(Leg) No.59/09.08.024/2024-25

February 11, 2025

All Agency Banks

Madam / Dear Sir

All Agency Banks to remain open for public on March 31, 2025 (Monday)

The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2025 (Monday-Public Holiday) so as to account for all the Government transactions relating to receipts and payments in the Financial Year 2024-25 itself. Accordingly, Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2025 (Monday).

2. Banks shall give due publicity about the availability of above banking services on this day.

Yours faithfully

(Sunil T S Nair)
Chief General Manager

MIL OSI Economics –

February 12, 2025

MIL-OSI China: MOFA response to US Secretary of State Rubio expressing concern over China’s coercion of Taiwan in phone call with Chinese Foreign Minister Wang

Source: Republic of Taiwan – Ministry of Foreign Affairs

MOFA response to US Secretary of State Rubio expressing concern over China’s coercion of Taiwan in phone call with Chinese Foreign Minister Wang

January 25, 2025

United States Secretary of State Marco Rubio on January 24 spoke over the phone with Director of the Office of the Chinese Communist Party Central Foreign Affairs Commission and Foreign Minister Wang Yi. He stressed the United States’ commitment to its allies in the region and serious concern over China’s coercive actions against Taiwan and in the South China Sea.

The Ministry of Foreign Affairs (MOFA) affirms and welcomes Secretary Rubio’s remarks in his first interaction with the Chinese foreign minister underscoring strong US concern over China’s continued coercion of Taiwan, military expansion, disruption of regional peace and stability, and other heavy-handed actions.

MOFA notes that China again made false claims about Taiwan in its press release concerning this phone call. MOFA solemnly reiterates that neither the Republic of China (Taiwan) nor the People’s Republic of China is subordinate to the other and that this is a long-standing, objective fact and the status quo across the Taiwan Strait.

MOFA looks forward to building on the solid Taiwan-US friendship to further enhance cooperation with the Trump administration. Taiwan will continue to demonstrate its determination to defend itself and comprehensively bolster its defense capabilities and resilience through such avenues as military purchases from the United States, national defense reforms, and strengthening of whole-of-society defense resilience. It will also steadily deepen its close security, economic, and trade partnership with the United States to jointly advance peace, stability, and prosperity across the Taiwan Strait and in the region.

MIL OSI China News –

February 12, 2025
MIL-OSI China: MOFA response to South African government again pressuring Taiwan to relocate liaison office

Source: Republic of Taiwan – Ministry of Foreign Affairs

MOFA response to South African government again pressuring Taiwan to relocate liaison office

February 2, 2025

Since last October, the Ministry of Foreign Affairs (MOFA) has been in communication with South Africa through diplomatic channels. In accordance with the principles of parity and dignity, MOFA has engaged with the South African government, seeking to understand its views on future bilateral relations while still staunchly refusing to accept unilateral changes to the status quo. In late January, however, the South African government sent another letter to the Taipei Liaison Office in the Republic of South Africa (TLO) demanding that it leave the capital city of Pretoria before the end of March. The South African government also attempted to downgrade the status of the TLO and have it renamed a trade office.

Federal Chairperson Ivan Meyer of the Democratic Alliance, South Africa’s second-largest political party, was recently sanctioned by the Chinese government for visiting Taiwan. That the South African government has yet again set a deadline for the TLO’s relocation out of Pretoria—despite ongoing negotiations with Taiwan—demonstrates that China is ramping up efforts to suppress Taiwan in South Africa.

Upon receiving a TLO report regarding the South African government’s repeated demand to relocate the office, Minister of Foreign Affairs Lin Chia-lung again promptly convened a task force to discuss contingency measures. He remained in constant contact with the relevant MOFA officials both at home and abroad during the Lunar New Year holiday. He also instructed Director General Anthony Chung-yi Ho of the Department of West Asian and African Affairs to summon Representative Zakhele Mnisi of the Liaison Office of South Africa in Taiwan to convey the government’s serious concerns.

MOFA reiterates that the Taiwan government remains steadfast in its refusal to accept the South African government’s unilateral violation of their bilateral agreement and that it will continue communicating with South Africa on the principles of parity and dignity. In line with the Taiwan government’s objectives, MOFA will adopt contingency measures depending on the South African government’s responses. It will also apprise the Taiwanese people and media of future developments at the appropriate times.

MOFA once again solemnly urges the government of South Africa, which will host this year’s Group of 20 summit, to abide by the legal framework for bilateral relations signed in 1997. And before a consensus is reached through negotiations with Taiwan, MOFA calls on South Africa not to use coercive measures against the TLO or take any other action that could interfere with the TLO’s operations or services that it provides for Taiwanese abroad.

MIL OSI China News –

February 12, 2025
MIL-OSI China: Foreign Minister Lin confers Friendship Medal of Diplomacy on British Office Taipei Representative Dennis

Source: Republic of Taiwan – Ministry of Foreign Affairs

No. 029
January 27, 2025

Minister of Foreign Affairs Lin Chia-lung on January 24 conferred the Friendship Medal of Diplomacy on outgoing British Office Taipei Representative John Dennis in recognition of his efforts over the past five years to promote bilateral exchange and cooperation in all areas.

Minister Lin thanked Representative Dennis for raising British attention on the Taiwan Strait and Indo-Pacific during his tenure. Minister Lin expressed pleasure that the G7 had begun stressing the importance of cross-strait peace and stability as an indispensable element to global security and prosperity since United Kingdom’s G7 presidency in 2021. He also noted that Parliamentary Under-Secretary of State for the Indo-Pacific at the Foreign, Commonwealth and Development Office Catherine West in November 2024 for the first time publicly expressed the UK government’s opposition to China’s misrepresentation of UN General Assembly Resolution 2758.

Furthermore, Minister Lin stated that Representative Dennis had initiated regular bilateral dialogue mechanisms on a wide range of issues and had facilitated the signing of bilateral memorandums of understanding on the exchange of driving licenses and organics equivalence, as well as the Enhanced Trade Partnership (ETP) arrangement, thereby further deepening people-to-people, agricultural, economic, and trade exchanges between the two countries. Minister Lin added that during Representative Dennis’s tenure the United Kingdom had actively participated in and co-hosted activities under the Global Cooperation and Training Framework, helping to consolidate partnerships based on democratic values.

Representative Dennis said that considerable progress had been made in Taiwan-UK ties in recent years and that bilateral trade had continued to grow. He stated that he had been honored to witness the flourishing collaboration between the two countries, as well as Taiwan’s achievements in combating the COVID-19 pandemic, advancing supply chain resilience, and responding to climate change. He also expressed hope that Taiwan and the United Kingdom would soon conclude negotiations and sign subagreements on key pillars of the ETP, including investment, digital trade, and energy and net-zero emissions.

Meanwhile, Representative Dennis said that the United Kingdom would do its utmost to support Taiwan’s international participation so that the two countries could jointly contribute to global initiatives on health, ICT resilience, and sustainable development. He concluded his remarks by stressing that peace and stability across the Taiwan Strait were vital to global prosperity and that the United Kingdom and the other G7 members would continue to pay close attention to Taiwan Strait developments.

Since taking office in December 2020, Representative Dennis has actively sharpened the United Kingdom’s focus on Taiwan Strait and Indo-Pacific affairs. He has also promoted bilateral exchange and collaboration in such areas as the economy, trade, investment, science and technology, and talent cultivation. His outstanding contributions have further enhanced the mutually beneficial and substantive partnership between Taiwan and the United Kingdom. (E)

MIL OSI China News –

February 12, 2025
MIL-OSI United Kingdom: Security guard convicted for using fake licence
Source: United Kingdom – Executive Government & Departments

A man who tried to use a cloned Security Industry Authority (SIA) licence to work in the security industry has been prosecuted.
A man who tried to use a cloned Security Industry Authority (SIA) licence to work in the security industry has been given a community order and must pay almost £4,000 in costs.

Luke Donnelly paid an unknown man £300 for a cloned security licence to work illegally, without proper training. Active Security Solutions Ltd, the company he applied to work for, spotted the deception while conducting routine checks.

The company alerted the SIA, who launched an investigation into Mr Donnelly.

Following the investigation, Mr Donnelly was charged and ordered to appear in court for his trial. He failed to appear at Dudley Magistrates’ Court and was found guilty in his absence on 13 December 2024.

A warrant was then issued for Mr Donnelly’s arrest. He was arrested and appeared at Walsall Magistrates’ Court on 9 January 2025. He was sentenced for using a cloned licence and for failing to surrender to bail. He was given a community order of 120 hours unpaid work. He was also ordered to pay £3,903 prosecution costs and a victim surcharge of £114.

Mark Chapman, Criminal Investigations Manager for the SIA, said:

When somebody works in the private security industry with a cloned licence they put the public, their colleagues and themselves at risk.

In this case, Mr Donnelly thought he could take a shortcut by avoiding the training necessary to safely de-escalate conflict and deal with dangerous situations. He claimed he believed the licence he bought was genuine. However, having held a genuine licence previously, he would have known that this was not the case and that he was breaking the law. This sentence serves as a warning to others who may try to circumvent the legal requirements to hold a valid licence and then avoid being held to account when caught.

I would like to thank Active Security Solutions Ltd for reporting this to us so that we could prosecute an individual trying to break the law.

Notes to editors

Licensed security operatives are subject to robust training requirements to help them protect the public. Deploying untrained and unvetted security operatives with fake or cloned licences puts the public at risk. Anyone suspected of breaking the law should be reported to the SIA.

If you suspect an individual of using a cloned licence you should report it.

By law, security operatives working under contract must hold and display a valid SIA licence. Learn how we enforce SIA regulation.

The offence relating to the Forgery and Counterfeiting Act 1981 that is mentioned above is:

Section 3 – knowingly using a false instrument

Further information

The Security Industry Authority is the regulator of the UK’s private security industry. Our purpose is to protect the public through effective regulation of the private security industry and working with partners to raise standards across the sector. We are responsible for licensing people who do certain jobs in the private security industry and for approving private security companies who wish to be part of the voluntary Approved Contractor Scheme.

For further information about the SIA or to sign up for email updates visit www.gov.uk/sia. We also post articles and updates on WordPress. The SIA is on LinkedIn, Facebook (Security Industry Authority) and X (@SIAuk).

For media enquiries only, please contact media.enquiries@sia.gov.uk.

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Published 11 February 2025
MIL OSI United Kingdom –
February 12, 2025

Category: KB

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MOFA response to US Secretary of State Rubio expressing concern over China’s coercion of Taiwan in phone call with Chinese Foreign Minister Wang

MOFA response to South African government again pressuring Taiwan to relocate liaison office

Notes to editors

Further information

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