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  • MIL-OSI USA: Brass: Week Three Under the Gold Dome

    Source: US State of Georgia

    The third week of the 2025 Legislative Session has wrapped up, and we’re staying focused on passing commonsense legislation that puts Georgia families, businesses and communities first.

    Last week’s snowstorm may have delayed budget hearings for a few days, but it didn’t slow us down. The General Assembly has been hard at work in joint sessions, carefully reviewing budget requests to ensure taxpayer dollars are spent wisely. Passing a balanced budget is not only our constitutional duty—it’s the foundation of a responsible government that serves its people.

    One of the most crucial budget proposals this session is Governor Brian P. Kemp’s plan to return $1 billion in surplus funds to taxpayers directly. Thanks to years of conservative budgeting and fiscal responsibility, we can give back to the hardworking Georgians who keep our state running. This is just part of the $2.2 billion in statewide allocations designed to benefit families, businesses, and communities across Georgia. I’m proud to support Gov. Kemp’s efforts to strengthen our economy by putting money back where it belongs – in the pockets of hardworking Georgia taxpayers.

    Another key priority is ensuring communities hit hardest by Hurricane Helene have the necessary resources to rebuild. Gov. Kemp has proposed $614.72 million in recovery funding, including $150 million for the Governor’s Emergency Fund to help with debris removal and housing assistance. Another $300 million will go to the Georgia Department of Transportation to restore roads and infrastructure. Many rural counties are still reeling from this storm, and we’re committed to ensuring they get the support they need to recover and move forward.

    I’m excited to share that March 9th—12th is Multiple Sclerosis Week at the Capitol. This week, however, the Senate was honored to have several representatives from the Multiple Sclerosis Society, including my mother, Linda Brass, in the Senate chamber. Each year, members of the Society join us to recognize this week and bring attention to the medical condition. I commend the advocacy work conducted by the Multiple Sclerosis Society and their funding of $1 billion in research funding.  

    Finally, I encourage students ages 12 to 18 to apply for the Senate Page Program. This is an excellent way for young people to see firsthand how the General Assembly works. If you know a student who might be interested, they can apply here.

    As always, I’m here to listen. If you have any questions, concerns, or ideas about our work at the Capitol, please don’t hesitate to reach out. It’s an honor to serve you, and I appreciate your trust as we work together throughout the remainder of the 2025 legislative session.

    # # # #

    Sen. Matt Brass serves as Chairman of the Senate Committee on Rules. Sen. Brass represents the 6th Senate District, which includes Coweta and Heard, as well as parts of Carroll County. He can be reached by email at matt.brass@senate.ga.gov

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News –

  • MIL-OSI Security: U.S. Attorney’s Office Collects Over $39 Million in Civil and Criminal Actions in Fiscal Year 2024

    Source: Office of United States Attorneys

    SYRACUSE, NEW YORK – United States Attorney Carla B. Freedman announced today that the Northern District of New York’s Asset Recovery Unit collected $39,262,324 in civil, criminal and forfeiture actions in Fiscal Year 2024. Of this amount, $14,085,025 was collected in criminal actions, $15,874,944 was collected in civil actions, and $9,302,354 was collected in asset forfeiture actions. 

    The Northern District of New York also worked with other U.S. Attorney’s Offices and components of the Department of Justice to collect an additional $18,995,733 in cases pursued jointly by these offices. Of this amount, $39,092 was collected in criminal actions and $18,956,641 was collected in civil actions.    

    The U.S. Attorneys’ Offices, along with the Department’s litigating divisions, are responsible for enforcing and collecting civil and criminal debts owed to the United States and criminal debts owed to federal crime victims. The law requires defendants to pay restitution to victims of certain federal crimes who have suffered a physical injury or financial loss. While restitution is paid to the victim, criminal fines and felony assessments are paid to the Department’s Crime Victims Fund, which distributes the funds collected to federal and state victim compensation and victim assistance programs.

    Additionally, forfeited assets deposited into the Department of Justice Assets Forfeiture Fund can be used to restore funds to crime victims and for a variety of law enforcement purposes.  In Fiscal Year 2024, $8,330,553 of the funds forfeited in prior years through criminal and civil judicial forfeiture actions in the Northern District of New York were applied to victim compensation. 

    United States Attorney Carla Freedman stated: “These are great results – every recovery of funds strikes a blow for justice. I created the Asset Recovery Unit shortly after I took office in 2021, and I am incredibly proud of its efforts to make sure that crime does not pay, that crime victims are compensated as much as possible, and that companies pay appropriately steep penalties when they defraud the government.”

    In May, $11.3 million was recovered as part of a civil settlement in United States ex rel. Elevation 33, LLC v. Guidehouse, Inc. and Nan McKay and Associates, for violations of the False Claims Act, for failing to meet cybersecurity requirements in a federally funded contract intended to ensure a secure online environment for low-income New Yorkers to apply for federal rental assistance during the COVID-19 pandemic.  Guidehouse and its subcontractor, Nan McKay and Associates, admitted as part of a settlement agreement that neither satisfied their obligation to complete the required testing of the web site used to house applicants’ information, and the site was shut down within 12 hours after certain applicants’ personally identifiable information had been compromised.

    In February, the Northern District of New York restored $4,950,440 in funds forfeited from Richard J. Sherwood and Thomas K. Lagan, who were sentenced to both federal and state prison for stealing approximately $11.8 million from the estates of three sisters who died.  These funds were initially forfeited by the government through its criminal prosecutions of Sherwood and Lagan, and were restored in 2024 to the victims of the fraud by the Attorney General and the Money Laundering and Asset Recovery Section of the United States Department of Justice.  The victims include churches, Ukrainian-American civic organizations, a local hospital and a local university scholarship fund. 

    In September, the U.S. Attorney’s Office recovered $1 million from Derek R. Schwartz, who was sentenced this summer to 72 months in prison for conspiring with former ValueWise CEO Michael T. Mann to defraud companies that loaned millions of dollars to ValueWise subsidiaries.  These funds will be distributed to two financing companies that were victims of a sophisticated, years-long scheme.

    The Asset Recovery Unit is an initiative that works to deprive criminals of the proceeds of crimes, recovers property that may be used toward restitution, and enforces collection of criminal and civil debts owed to the United States or to victims of federal crimes.  The Asset Recovery Unit is comprised of Assistant United States Attorneys Lisa Fletcher, Elizabeth Conger and Melissa Rothbart, Paralegals Joshua Goodfriend, Marianne Meigs, Carly Clay, Erin Hyatt, Jiselle Cabezas, and Teilor Kaiser Clarey, and Investigative Analyst Jason Babiarz.

    MIL Security OSI –

  • MIL-OSI Security: Guatemalan National Sentenced for Conspiracy and Illegal Reentry

    Source: Office of United States Attorneys

    PROVIDENCE –  A twice-deported Guatemalan national, described in court documents as being “the most consistent member” of an organized group of individuals that repeatedly stole high-end construction equipment, building supplies, and clothing from national retailer’s stores has been sentenced to 30 months in federal prison, after which he will be deported, having been convicted on charges of conspiracy to commit interstate transportation of stolen property and illegal re-entry into the United States, announced United States Attorney Zachary A. Cunha.

    As described in court proceedings, Marvin Estuardo Morales De Paz, 30, of Cranston, was one of as many as a dozen members of a Rhode Island-based conspiracy of individuals who traveled to home improvement and clothing stores in at least five states to commit thefts, then transported the stolen merchandise to Rhode Island to sell. Morales was present for nearly every theft and set prices for, and directed sales of, the stolen items.

    According to information presented to the court, the ring was involved in at least 35 documented thefts in Rhode Island, Massachusetts, Connecticut, Pennsylvania, and New Jersey. It is estimated that members of the conspiracy stole more than $280,000 worth of merchandise. Tens of thousands of dollars’ worth of stolen goods was recovered from Morales’s residence when he was arrested on April 11, 2024.

    Morales was sentenced today by U.S. District Court Senior Judge William E. Smith to 30 months of incarceration to be followed by one year of supervised release. Morales will be turned over to ICE and faces deportation upon completion of his term of incarceration.

    The case was prosecuted by Assistant United States Attorney John P. McAdams.

    The matter was investigated by Homeland Security Investigations agents in Providence, with the assistance of HSI agents in Boston, and Allentown, Pennsylvania, and the Providence, Coventry, Warwick, Smithfield, and Johnston, RI Police Departments; Boston, Norwood, Bellingham, Marlboro, Seekonk, Avon, Auburn, MA Police Departments; Montville and Fairfield, CT Police Departments; and the Parkesburg, Downingtown, Lebanon, Wyomissing, and Reading, PA, Police Departments; Nashua, NH Police Department; and Marlboro, NJ Police Department.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Pittsburgh Resident Sentenced to 25 Years in Prison for Sex Trafficking of Multiple Women

    Source: Office of United States Attorneys

    PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, was sentenced in federal court on January 30, 2025, to 25 years in prison for his conviction of sex trafficking, Acting United States Attorney Troy Rivetti announced today.

    United States District Judge J. Nicholas Ranjan imposed the sentence on Eric Jefferson, 41.

    According to information presented to the Court, from in and around June 2019 to in and around April 2022, Jefferson coerced and forced at least four women to perform commercial sex work for his monetary gain. Jefferson provided the women with drugs for meeting clients and would withhold the drugs if the women—who were addicted to narcotics and could become ill with withdrawal symptoms—refused to meet with clients. Jefferson also used violence and threats of violence to coerce and force the women to engage in commercial sex work.

    “Eric Jefferson forced these women to earn money on his behalf, controlling the victims both through physical force and exploiting their dependence upon narcotics,” said Acting United States Attorney Rivetti. “Working with our law enforcement partners, we will aggressively prosecute human traffickers such as Jefferson in order to protect and rescue the most vulnerable victims in our district.”

    “Protecting the most vulnerable members of our community will always be among the highest priorities for the FBI,” said FBI Pittsburgh Special Agent in Charge Kevin Rojek. “The message this sentencing sends is clear: the FBI and our partners will aggressively pursue criminals who think they can prey on others.”

    Prior to imposing sentence, Judge Ranjan heard from the victims of the charged crimes and stressed the heinousness of Jefferson’s conduct and its devastating impacts upon the victims.

    Assistant United States Attorney DeMarr Moulton prosecuted this case on behalf of the government.

    Acting United States Attorney Rivetti commended the Federal Bureau of Investigation and Pittsburgh Bureau of Police for the investigation leading to the successful prosecution of Jefferson.

    This prosecution is part of Operation T.E.N. (Trafficking Ends Now), an umbrella coalition for law enforcement, community, and non-profit partners in the 25 counties in the Western District of Pennsylvania. This coordinated effort aims to end human trafficking through education and improved cooperation across agencies and service providers, thereby enhancing the office’s ability to empower victims of human trafficking to become thriving survivors.

    MIL Security OSI –

  • MIL-OSI Security: U.S. Attorney’s Office Secures 15-Year Sentence for Deadly 2022 DWI Crash that Killed Three People

    Source: Office of United States Attorneys

    ALBUQUERQUE – A Laguna man was sentenced to 15 years in federal prison for a fatal DWI crash on the Laguna Pueblo in 2022 that killed three members of the same family.

    There is no parole in the federal system.

    According to court documents, on August 7, 2022, Cody Allen Charlie, 38, an enrolled member of the Pueblo of Laguna, was driving intoxicated at 116 miles per hour while using his cell phone when he crashed into another vehicle on Interstate 40, near mile marker 130. The impact caused the other vehicle to veer off the interstate and onto the shoulder, where it rolled over. All three occupants of that vehicle were killed in the crash. Instead of providing help to his victims, Charlie left his wrecked vehicle and ran from the scene.

    Upon his release from prison, Charlie will be subject to five years of supervised release. He must also make full monetary restitution to the victims of his crimes. As part of his supervised release, Charlie will be subject to alcohol and substance-abuse monitoring, and he must also complete mental-health and substance-abuse programs. As a convicted felon, Charlie is no longer permitted to own or possess a firearm.

    U.S. Attorney Alexander M.M. Uballez made the announcement today.

    The Bureau of Indian Affairs investigated this case with assistance from the Laguna Police Department and New Mexico State Police. Assistant U.S. Attorneys Brittany DuChaussee and Zachary C. Jones are prosecuting the case.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Edmonton, Kentucky Man Sentenced to Over Five Years in Federal Prison for Illegally Possessing a Handgun

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

    Bowling Green, KY – An Edmonton, Kentucky, man was sentenced this week to 5 years and 11 months in federal prison for possession of a firearm by a convicted felon.

    U.S. Attorney Michael A. Bennett of the Western District of Kentucky, Special Agent in Charge R. Shawn Morrow of the ATF Louisville Field Division, and Commissioner Phillip Burnett, Jr. of the Kentucky State Police made the announcement.

    According to court documents, Aaron Dale McKinney, 48, was sentenced to 5 years and 11 months in federal prison, followed by 3 years of supervised release, for being a felon in possession of a firearm. On February 23, 2023, McKinney possessed a Springfield Armory (HS Produkt), model XD-45, 45 caliber semiautomatic pistol, and ammunition. He was prohibited from possessing a firearm because he had previously been convicted of the following felony offenses.

    On May 25, 2021, in Metcalfe Circuit Court, McKinney was convicted of possession of a controlled substance, first degree, third or more offense (methamphetamine).

    On September 26, 2017, in Metcalfe Circuit Court, McKinney was convicted of manufacturing methamphetamine, first offense.

    There is no parole in the federal system.

    This case was investigated by the ATF Bowling Green Field Office and the Kentucky State Police.

    Assistant U.S. Attorney R. Nicholas Rabold, of the U.S. Attorney’s Bowling Green Branch Office, prosecuted the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Two Members of Violent Gang Sentenced to Prison for Racketeering and Drug Trafficking

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

    BOSTON – Two members of the violent Boston-area gang, Cameron Street, were sentenced to prison yesterday for their roles as drug traffickers operating on behalf of the criminal enterprise. During the investigation, 21 firearms and hundreds of rounds of ammunition were allegedly seized from 11 of the defendants.

    James Rodrigues, a/k/a “Bummy,” 34, of Boston, was sentenced this morning by U.S. Senior District Court Judge William G. Young to 42 months in prison to be followed by three years of supervised release. On Jan. 16, 2025, Rodrigues pleaded guilty to conspiracy to participate in a racketeering enterprise (more commonly referred to as RICO or racketeering conspiracy) and conspiracy to distribute cocaine and cocaine base (crack cocaine).

    This afternoon, Judge Young sentenced Devante Lopes, a/k/a “D-Lopes,” 31, of Boston and Quincy, to 60 months in prison and three years of supervised release. In May 2024, Lopes pleaded guilty to RICO conspiracy; conspiracy to distribute marijuana; and possession with intent to distribute cocaine.

    Over the course of a two-year investigation, Rodrigues and Lopes were identified as Cameron Street members who were primarily involved in drug trafficking. Specifically, Rodrigues worked with other Cameron Street members to distribute hundreds of grams of cocaine and cocaine base (crack cocaine) from a stash house in Somerville. During the investigation, law enforcement made a series of controlled purchases from Rodrigues and other Cameron Street members. This included two separate occasions in which Rodrigues sold 48 grams of crack cocaine and 50 grams of crack cocaine, respectively, to a cooperating witness. During a search of the Somerville stash house in April 2022, 398 grams of cocaine along with packaging materials, two hydraulic presses, a digital scale, a cell phone and $14,986 in U.S. currency were seized.

    Lopes was a significant drug trafficker who, from 2019 through 2020, regularly used the mail to import large quantities of marijuana from California to Boston and neighboring cities. In exchange, Lopes shipped packages containing between $40,000 to $50,000 in cash. One of the packages intended for Lopes was intercepted by law enforcement and found to contain 2.6 kilograms (2,637 grams) of marijuana. Over the course of the investigation, a total of 24 packages of similar size were tracked as having been shipped from various address in California to Lopes. As a result, it is estimated that Lopes received 56.6 kilograms of marijuana.

    During a search of Lopes’ residence in April 2022, 800 grams of cocaine was seized from inside a bench by his bed along with digital scales, plastic bags commonly used for street-level sales, a bag of pink pills, a money counter, an empty Glock firearm box and a round of ammunition next to Lopes’ bed. During the search of Lopes’ apartment, remote cameras were discovered inside each room as well as two hidden compartments. One of the hidden compartments was concealed inside a shelf and contained approximately $5,000 in cash, a box of ammunition and foam cut-outs for a firearm. The second hidden compartment was found inside a mirror and contained a foam insert:

    A subsequent examination of Lopes’ cellphone revealed messages, images and videos connecting Lopes to members of Cameron Street, unlawful firearm possession and drug trafficking proceeds:

    According to court documents, the Cameron Street gang is a violent criminal enterprise whose members and associates are involved in a variety of criminal activities – including murders, attempted murders, armed robberies, carjackings, home invasions, human trafficking, as well as drug and firearms trafficking, among other offenses – in the Dorchester neighborhood of Boston and surrounding areas. It is alleged that Cameron Street members use violence against rival gangs and witnesses, typically with the use of firearms, to maintain and enhance their status and the overall reputation of the gang, as well as to protect the gang’s power, reputation and territory. Members engage in drug trafficking activity and distributed kilograms of cocaine, cocaine base (crack cocaine), oxycodone and marijuana throughout Massachusetts.

    United States Attorney Leah B. Foley; James M. Ferguson, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives, Boston Feld Division; Stephen Belleau, Acting Special Agent in Charge of the Drug Enforcement Administration, New England Field Division; and Boston Police Commissioner Michael Cox made the announcement today. Valuable assistance was provided by the Massachusetts State Police; Suffolk County Sheriff’s Office; Suffolk, Plymouth, Norfolk and Bristol County District Attorney’s Offices; and the Canton, Quincy, Randolph, Somerville, Brockton, Malden, Stoughton, Rehoboth and Pawtucket (R.I.) Police Departments. Assistant U.S. Attorneys Christopher J. Pohl and Charles Dell’Anno of the Narcotics & Money Laundering Unit prosecuted the cases.

    This operation is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) Strike Force Initiative, which provides for the establishment of permanent multi-agency task force teams that work side-by-side in the same location. This co-located model enables agents from different agencies to collaborate on intelligence-driven, multi-jurisdictional operations to disrupt and dismantle the most significant drug traffickers, money launderers, gangs, and transnational criminal organizations. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    The details contained in the charging documents are allegations. The remaining defendants named in the indictment are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
        
     

    MIL Security OSI –

  • MIL-OSI United Kingdom: What has Brexit meant for the people of Scotland?

    Source: Scottish National Party

    With five years having passed since Scotland was dragged out of the EU as part of the UK, what has Brexit meant for people in Scotland?

    Brexit means…your weekly shop costs more than ever.

    Brexit means our NHS is missing out on thousands of doctors and nurses from the EU.

    Brexit means waiting in longer queues to travel abroad, and it has become much more difficult for anyone in Scotland to live or work in the EU – with touring musicians calling it a ‘catastrophe’.

    Scotland voted to stay in the EU.

    Scotland didn’t vote for Brexit.

    But the UK Government decided Scotland must Brexit.

    Brexit means there’s less public money, due to businesses losing revenue.

    Brexit means businesses who relied on buying goods from the EU, or selling to the EU, are having a really tough time of it.

    Thousands of businesses have had to close.

    Some politicians told us to  “vote No to stay in the EU” back in 2014. Bet they wish they could scrub those clips from the internet.

    Brexit means Scotland’s economy has lost out on billions of pounds due to trade barriers, with analysis showing exports have dropped by over 7%.

    Brexit means Nigel Farage is no longer the European Parliament’s problem. He’s now the UK’s problem.

    As he’s now the bookies’ favourite to be the next Prime Minister, he could soon be Scotland’s problem too.

    And Scotland didn’t vote for any of this.

    MIL OSI United Kingdom –

  • MIL-OSI: Blockmate subsidiary Hivello commences token sale

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to confirm that its subsidiary, Hivello Holdings Ltd has commenced a public token sale event for its native token.

    The Hivello platform offers its users a passive income stream in exchange for their unutilized computing power to third party networks.

    Blockmate will not be directly issuing any tokens or receive any proceeds from the public token sale.

    The token will be issued by the Swiss-based HVLO Association, under licence from Hivello Holdings Ltd.

    Key details of the $HVLO token are outlined in the media release published by Hivello below.

    Hivello Announces Public Token Sale on DAOMaker, HyperGPT, & EclipsePad

    London & Amsterdam, January 28, 2025 – Hivello, the innovative DePIN mining platform, is thrilled to announce the public token sale of its native token, $HVLO, set to commence on January 31, 2025. The sale will be hosted on three prominent launchpads: DAOMaker, HyperGPT, and EclipsePad, offering participants equal opportunities to invest in the future of decentralized physical infrastructure networks.

    The $HVLO token sale is structured as a fair launch, ensuring that every participant receives the same terms. This approach underscores Hivello’s commitment to decentralization and fairness in the rapidly evolving Web3 landscape.

    Key Details of the $HVLO Token Sale:

    • Public Sale Start Date: January 31, 2025
    • Launchpads: DAOMaker, HyperGPT, EclipsePad
    • Token Unlock Schedule:
      • 25% of tokens will be unlocked at the Token Generation Event (TGE).
      • A one-month cliff will follow the initial unlock.
      • The remaining tokens will vest over a period of five months.
      • Team tokens will remain locked for nine months, ensuring alignment with the community’s long-term interests.

    Hivello’s unique approach to DePIN mining allows users to earn rewards by connecting unused computer resources to decentralized networks. The platform’s aspirational goal to integrate with every reputable DePIN positions it as a future leader in the DePIN ecosystem.

    “We are incredibly proud of the vibrant community that has grown around Hivello. Decentralization is not just a technological advancement; it’s a fundamental shift towards empowering humanity. With the upcoming token sale, our community now has the opportunity to take a stake in Hivello’s future, further aligning our shared vision of making DePIN mining so intuitive and accessible that onboarding the next 100 million users becomes a given,” said Domenic Carosa, Chairman and Co-founder of Hivello.

    Participants interested in the $HVLO token sale can find more information and the official launchpad links here: https://www.hivello.com/HVLO-token

    The token is being issued by HVLO Association (Switzerland) under licence from Hivello Holdings Ltd.

    (ENDS)

    About Blockmate Ventures Inc.
    Blockmate Ventures is a venture creator focussing on building fast growing technology businesses relating to cutting edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.

    The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

    About Hivello
    Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to generate an extra source of income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources with no technical knowledge required.

    For more information about Hivello and to stay updated on its developments, visit www.hivello.com

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

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

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Blockmate disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network –

  • MIL-OSI United Kingdom: Thinking of setting up a CIC? Take a look at our recent webinar

    Source: United Kingdom – Executive Government & Departments

    “From idea to Impact: Your Guide to setting up a CIC”. Take a look at our most recent joint webinar with the Business Support Service

    Picture advertising a webinar

    Take a look at our most recent joint webinar with the Business Support Service where they provide an insight to the free advice and guidance they can offer to you throughout your business journey; alongside a detailed explanation of how the CIC model operates and some great tips on how to complete a successful CIC application.

    “From idea to Impact: Your Guide to setting up a CIC”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Dedicated team to serve businesses amongst DWP overhaul of employer support to Get Britain Working

    Source: United Kingdom – Executive Government & Departments

    Ministers are encouraging UK businesses to work with Jobcentres to fill the thousands of jobs currently vacant as the UK goes for growth, the Work and Pensions Secretary Liz Kendall set out today (30 January).

    • Following the Chancellor’s growth speech yesterday, Work and Pensions Secretary Liz Kendall visited fast growing UK retailer B&M – who successfully filled almost 3,000 vacancies using local jobcentres in 2024. 
    • The Work and Pensions Secretary has today set out overhaul the DWP’s approach to supporting employers to Get Britain Working again as part of Plan for Change.
    • Comes as just one in six businesses has ever used a Jobcentre to recruit with the latest data showing tens of thousands of vacancies in key sectors. 
    • New DWP team have built partnerships with 37 new industry leaders in just a few week as department transforms Jobcentres.

    It comes as the Work & Pensions Secretary visits B&M – a retailer that has had huge success using the Jobcentre network. As a fast growing UK retailer, B&M has filled almost 3,000 vacancies through the jobcentre network, with over 85% of new recruits coming directly through the DWP – benefiting jobseekers and the businesses’ growth. 

    The DWP has hit the ground running to reset engagement with employers through new teams to support employers, with dedicated account managers and a focus on growing the number of Jobcentre training programmes tailored to employer’s needs.

    As B&M has opened new stores across the country, it has teamed up with the local DWP team to run information sessions – offering interested candidates a guaranteed interview. 

    Over 73,000 jobs have been added to the labour market since the start of this Parliament according to the ONS, with new announcements in the Chancellor’s speech yesterday expected to add thousands more roles to the UK jobs market – including over 100,000 jobs in the local area around Heathrow. 

    However, new figures show only 1 in 6 employers surveyed reported using the JobCentre Plus network to hire for their business – highlighting the need for genuine reform. 

    That’s why as part of the Get Britain Working plan, the government will reform jobcentres by bringing it together with the National Careers Service to ensure people have better access to training and address local skills gaps and help train the workforce businesses need.

    The reforms to get Britain working and modernise the employment support offer are just one part of the Government’s Plan for Change, which will lay strong foundations to kickstart economic growth and break down barriers to opportunity across the country. 

    Work and Pensions Secretary Liz Kendall said: 

    To get Britain growing again, we need to get Britain working again.  

    As the HR department for the Government’s growth mission, our job is to work with businesses to meet their recruitment needs.

    To help employers grow, hire new staff, and boost opportunity in every corner of the country, we are determined to change our approach

    As part of reforming Jobcentres we will overhaul our service to better meet employer’s needs – turning the DWP into a genuine public employment service. So businesses can fill jobs and people can build a better life for themselves and their families.

    A B&M spokesperson said:

    There is a wealth of talent and experience in Jobcentres across the UK. We encourage other businesses to get in touch with their local Jobcentre and discover the talent that’s available in their community.

    The new dedicated team set up to support businesses of all sizes across the country with their recruitment needs has already added 37 new employers to the department’s roster in recent weeks, with notable names including Home Bargains, KFC and Swissport. 

    In a letter to CEOs from 10 of the UK’s top businesses, DWP ministers said that at a time when recruitment can be a major cost, the DWP “provides a service to help businesses grow and support people into work.

    To help other businesses replicate B&M’s success, the department is transforming its service for employers by:

    1. Hosting summits with employers and stakeholder representatives across sectors crucial to growth – including construction, social care and clean energy in the next three months. 
    2. Boosting the number of training programmes in these sectors on offer at Jobcentres to upskill jobseekers and provide employers with the work ready staff they need.   
    3. Serving employers through a dedicated team with highly experienced experts to provide recruitment support, including designing tailored campaigns to tackle large numbers of vacancies. 
    4. Providing an account manager for employers to get more information about how the JCP can help them and provide recruitment support – following feedback from businesses that they wanted an establish a single contact. 
    5. Commissioning Sir Charlie Mayfield to lead an independent review into the role of employers in reducing health-related inactivity and promoting healthy and inclusive workplaces – which is already underway.

    Updates to this page

    Published 31 January 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: expert reaction to study looking at ultraprocessed food consumption and obesity in Canadian children

    Source: United Kingdom – Executive Government & Departments

    A study published in JAMA Network Open looks at UPF consumption and obesity in Canadian children. 

    Dr Ian Johnson, Nutrition researcher and Emeritus Fellow, Quadram Institute, said:

    “This study is consistent with previous work suggesting an association between consumption of ultra-processed foods (UPF) and obesity, and it is interesting to see the link established at such an early age (although the study only seems to find a link in boys, not girls).  However, as with most such studies, and as the authors themselves seem to acknowledge, the general nature and poor specificity of the definition of UPF makes it very difficult to establish any causal mechanism.”

    ‘Ultraprocessed Food Consumption and Obesity Development in Canadian Children’ by Zheng Hao Chen et al. was published in JAMA Network Open at 16:00 UK time on Friday 31 January 2025. 

    DOI: 10.1001/jamanetworkopen.2024.57341

    Declared interests

    Dr Ian Johnson: “No conflict of interest.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Welch to Serve as Ranking Member of Rural Development and Energy Subcommittee on Agriculture; Constitution Subcommittee on Judiciary

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    Welch well-placed to bring vital resources to rural communities, enforce and protect constitutional rights and liberties
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) today announced that in the 119th Congress, he will serve as Ranking Member on the Senate Agriculture Subcommittee on Rural Development, Energy, and Credit, as well as the Senate Judiciary Subcommittee on the Constitution. Serving as Ranking Member on these subcommittees position the Senator to continue his work addressing issues that matter to Vermonters—including supporting rural development programs and bolstering buildout of renewable energy and rural broadband, in addition to protecting constitutional rights and civil liberties. 
    “I’m grateful for the opportunity to serve as Ranking Member on these subcommittees to elevate the voices of Vermonters, support our rural communities, and safeguard our most important freedoms.  
    “I will focus my work on the Rural Development Subcommittee on strengthening rural America’s economy, supporting our farmers, and cutting costs for families. That includes securing wins for Vermonters in the upcoming Farm Bill and fighting to restore the Affordable Connectivity Program, which is a vital lifeline that helps millions of people access and afford high-speed internet. All of us, whether from red or blue states, should agree that lowering costs and protecting our freedoms is a top priority.   
    “At a time when Americans’ basic rights are under attack, I’m also committed to fighting against every attempt to undermine our constitutional protections. As Ranking Member of the Constitution Subcommittee, I’ll fight to preserve the most important pillars of our democracy and lead efforts to protect civil rights and give the American people a more active voice in our democracy. I’ll also push back against executive overreach and any action the Trump Administration takes to undermine the separation of powers, which is vital to preserving our system of checks and balances. 
    “I look forward to working across the aisle and working to achieve bipartisan results with Subcommittee Chairs Ernst and Schmitt to deliver results for Vermonters.” 
    As Ranking Member of the Rural Development, Energy, and Credit Subcommittee, Senator Welch will play a key role in the preparation of the 2025 Farm Bill, working to deliver for Vermont families and uplift rural communities. The Rural Development Subcommittee also oversees many of the programs in USDA’s Rural Development mission area, including renewable energy, economic development, and housing, pressing issues for many Vermont communities. In his capacity as Ranking Member of the Constitution Subcommittee, Senator Welch will be a leading voice in and pushing back against attempts to undermine vital civil rights protections and enforcing separation of powers.  
    Senator Welch’s Committee and Subcommittee Assignments for the 119th Congress include: 

    Jurisdiction: Oversight of USDA’s Rural Development mission, including facilities, utilities, loans; Building out rural broadband; Advancing rural America’s access to affordable renewable energy. 

    Jurisdiction: Constitutional Amendments; Oversight of the Civil Rights Division of the Department of Justice; Enforcement and Protection of Constitutional Rights; Statutory Guarantees of Civil Rights and Civil Liberties; Separation of Powers; Federal-State Relations; and Interstate Compacts. 

    MIL OSI USA News –

  • MIL-OSI USA: Ricketts Announces Subcommittee Assignments for the 119th Congress

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    January 31, 2025

    WASHINGTON, D.C. – Today, U.S. Senator Pete Ricketts (R-NE) announced his subcommittee assignments for the 119th Congress.

    “President Trump’s re-election provides a historic opportunity to get our country back on track,” said Ricketts. “On these subcommittees, I’ll work to unleash American energy, extend the Trump tax cuts, and restore American strength on the world stage.”

    Banking, Housing, and Urban Affairs Committee

    • Member, Subcommittee on Economic Policy
    • Member, Subcommittee on Financial Institutions and Consumer Protection
    • Member, Subcommittee on National Security and International Trade and Finance

    Environment and Public Works Committee

    • Chairman, Subcommittee on Fisheries, Wildlife, and Water
    • Member, Subcommittee on Transportation and Infrastructure
    • Member, Subcommittee on Clean Air, Climate, and Nuclear Innovation and Safety

    Foreign Affairs Committee

    • Chairman, Subcommittee on East Asia, the Pacific and International Cybersecurity Policy
    • Member, Subcommittee on Europe and Regional Security Cooperation
    • Member, Subcommittee on State Department and USAID Management, International Operations and Bilateral International Development

    BACKGROUND

    U.S. Senate Committee on Banking, Housing, and Urban Affairs is responsible for matters related to banks and banking, price controls, deposit insurance, foreign trade promotion, export promotion and controls, and federal monetary policy. It has jurisdiction over financial exchanges, markets, and derivates, financial aid to commerce and industry, issuance of redemption of notes, and currency and coinage issues. Additionally, the Committee is responsible for public and private housing, urban development, mass transit, and government contracts. This includes oversight of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the U.S. Department of Housing and Urban Development (HUD), the Export-Import Bank, and the Federal Housing Administration.

    U.S. Senate Committee on Environment and Public Works is responsible for legislation and oversight of the natural and built environment and for studying matters concerning environmental protection and resource conservation and utilization. This includes oversight of the Environmental Protection Agency (EPA), the U.S. Army Corps of Engineers, and the U.S. Fish and Wildlife Service.

    U.S. Senate Committee on Foreign Relations is instrumental in developing, influencing, and overseeing U.S. foreign policy. The Committee considers, debates, and reports important treaties and legislation involving everything from foreign aid to arms sales to international organizations like the United Nations. It overseas the U.S. State Department and holds jurisdiction over all diplomatic nominations, including the U.S. Secretary of State. Ricketts will be the second highest ranking Republican on the Committee.

    MIL OSI USA News –

  • MIL-OSI USA: Armstrong: Senate confirmation of Burgum as Interior Secretary is good for North Dakota and the nation

    Source: US State of North Dakota

    Gov. Kelly Armstrong released the following statement today after the U.S. Senate voted to confirm former Gov. Doug Burgum as Secretary of the Interior, making him the second North Dakotan to hold the position. Armstrong reached out to Burgum to congratulate him on his confirmation.

    “The strong support Governor Burgum received throughout the confirmation process speaks volumes about his unique qualifications to serve as Secretary of the Interior,” Armstrong said. “His background in energy, tribal relations, national parks and other public lands makes him the right person at the right time to lead the Department of the Interior, which touches every aspect of our lives in North Dakota. Doug understands that safe, responsible development of our nation’s abundant natural resources is key to curbing inflation, growing the economy and paying down our national debt for future generations. He will be an incredible asset to the Trump administration and, as chair of the National Energy Council, will help usher in a new era of U.S. energy dominance that benefits all Americans with reliable, affordable power.”

    As Interior Secretary, Burgum will lead the U.S. Department of the Interior, a Cabinet-level agency that manages the nation’s natural and cultural resources. The department employs approximately 70,000 employees in 11 technical bureaus: the National Park Service, U.S. Fish and Wildlife Service, U.S. Geological Survey, Office of Surface Mining Reclamation & Enforcement, and the federal bureaus of Indian Affairs, Indian Education, Land Management, Ocean Energy Management, Reclamation, Safety & Environmental Enforcement, and Trust Funds Administration. The department provides access to more than 500 million acres of public lands, 700 million acres of subsurface minerals, and 1.7 billion acres of the Outer Continental Shelf.

    Trump also has appointed Burgum to chair the newly created National Energy Council. As chairman, Burgum will also have a seat on the National Security Council.

    Burgum is the first native North Dakotan to lead a U.S. Cabinet agency since former Gov. Ed Schafer led the U.S. Department of Agriculture in 2008-2009 and the second North Dakotan to serve as Interior Secretary. Kintyre, N.D., native Tom Kleppe served as Interior Secretary in 1975.

    MIL OSI USA News –

  • MIL-OSI USA: North Dakota Development Fund Invests in Innovation, Child Care, and Economic Growth

    Source: US State of North Dakota

    The North Dakota Department of Commerce announced today that four companies were approved for a total of $3 million in funding in Q4 through the North Dakota Development Fund Inc. (NDDF).

    “The NDDF continues to play a pivotal role in advancing North Dakota’s economy by backing innovative projects and community-focused initiatives,” said Shayden Akason, Head of Investments and Innovation at the North Dakota Department of Commerce. “These strategic investments not only address key needs but also foster long-term economic stability and opportunity.” 

    Funding highlights: 

    • Airtonomy Inc., DBA Thread received a $2 million investment for working capital. 
    • Little Miracles Learning Center LLC was approved for a $340,000 loan to expand an existing child care facility and increase capacity. 
    • A $1 million SAFE investment for working capital was approved for Checkable Medical Incorporated. 
    • Shining Lights Children’s Program LLC was approved for a $160,000 loan to purchase a property for expansion. 

    The North Dakota Development Fund, created in 1991, provides flexible funding for new or expanding North Dakota businesses and manages the Child Care Loan Program. 

    More information about the NDDF can be found at belegendary.link/North-Dakota-Development-Fund. 

    MIL OSI USA News –

  • MIL-OSI USA: New Hampshire Congressional Delegation, Community Organizations and Granite Staters Speak Out About Devastating Impact of Trump’s Cut to Federal Grants and Loans

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), a senior member of the U.S. Senate Appropriations Committee, U.S. Senator Maggie Hassan (D-NH), as well as U.S. Representatives Chris Pappas (NH-01) and Maggie Goodlander (NH-02), joined Manchester School District Superintendent Jennifer Chmiel, Strafford County Community Action Partnership CEO Betsey Andrews Parker, Amoskeag Health CEO Kris McCracken, Professional Firefighters of NH and other New Hampshire organizations for a virtual event to outline the ways that President Trump’s halt of nearly all federal grants and loans is impacting New Hampshire families and communities. 
    You can watch the full press conference here.
    “We’ve got millions of people across the country, and thousands in New Hampshire, who have no idea if they’re going to be able to get the services that they’re depending on because the White House has been so confused about what they’ve done and they haven’t been able to issue any clear answers,” said Senator Shaheen. “We need to see the President repeal these executive orders because what he has done is not going to help people lower their food prices, pay their rents, get the child care that they need or the health care that they need for their families.”
    “President Trump’s illegal cut of federal funds includes grants for police officers, firefighters, our efforts to crackdown on fentanyl, special education programs, small business loans, community health centers, homeless shelters for veterans…virtually every aspect of American life. The White House keeps sowing chaos and confusion about the status of this funding. But make no mistake. People’s safety, their jobs, their health, our fire and police departments…shouldn’t hang in the balance subject to the confused wordings and impulsive whims of the next tweet or memo,” said Senator Maggie Hassan.
    “The actions taken by the Trump Administration to freeze federal funds will have a devastating impact on communities across New Hampshire and will significantly hurt our state’s ability to address housing concerns, fight addiction, preserve public safety, and make sure that Granite Staters have what they need. These federal funds are more than just lines on a spreadsheet in Washington D.C. This is about people here in New Hampshire and the ability of our communities to come together to help those in need and build a stronger future for us all. This fight is not over, and my message to Granite Staters is that we will do all that we can to protect these resources and ensure that our communities remain healthy, strong, and safe,” said Congressman Pappas.
    “This week I’ve traveled across the Second District — from the North Country to Nashua and from Keene to Concord. I’ve talked to our workers, teachers, police officers, firefighters, health care providers, small businesses, mayors, and town managers. The through line of every conversation has been an intense concern about the wide-ranging and devastating impacts that losing the federal funding promised to New Hampshire will have on our way of life,” said Representative Maggie Goodlander. “Real people right here in New Hampshire are paying the price for President Trump’s lawless, chaotic efforts to cut off federal funding. That is unacceptable. I will never stop fighting with every possible tool to deliver for New Hampshire.”
    “Our priorities have not changed.  We will continue to provide services to our clients and support our team until we are directed otherwise.  We will adapt to the changing landscape so clients that depend on our agency for services such as childcare, fuel assistance, transportation, and food can continue to access these resources. We greatly appreciate the support of the New Hampshire delegation during this challenging time.” said Betsey Andrews Parker, CEO Community Action Partnership of Strafford County.
    “The Portsmouth Police Department depends on federal grants to fund programs impacting local, seacoast, and statewide communities. Locally, federal grant funds are utilized for bulletproof vests for officers and enforcement patrols on our roadways, which include speed, distracted driving, DUI, and pedestrian/bike enforcement. With the help of federal dollars, we offer victim witness advocate services, staff training, and law enforcement equipment such as body-worn cameras and investigative equipment… the loss of these funds would reduce staff, significantly impact investigations into internet-based sexual crimes against children that have skyrocketed and continue to climb, and impact services for victims of crime, roadway safety, and the safety of our officers,” said Mark Newport, Chief of Police, Portsmouth Police Department in a letter.
    “Uncertainty makes development difficult. While we work in a field rife with uncertainty, we know we can rely on our funding sources to be steady, when we have the funding we can move forward. It upsets our ability to commit to community projects when we cannot know whether or not the funding we have been awarded to build housing will actually be available to us when the time comes to call on those funds. In a relatively high-risk development environment, in a critical need area for our communities, we need the federal funds to be stable. Being left without promised funds on a project could easily mean the financial collapse of the project, a loss of years worth of time and effort. Depending on the projects size, it could have a major impact on our ability to operate,” said Harrison Kanzler, Executive Director, AHEAD Inc.
    “As NH’s only center for independent living, serving thousands of individuals living with a disability, the consequences of EO-M-25-13, would have caused thousands of Granite Staters living with a disability to be left without critical services.  These services are in place to provide and assist with daily needs, including transportation, personal care, education, and workforce training.  The very services provided by GSIL and funded by federal grants, such as benefits counseling, workforce readiness, and transition services are an integral part in the promotion of living independently,” said Deborah Ritcey, MPA/HA, President & Chief Executive Officer, Granite State Independent Living (GSIL).
    “As a private non-profit community development corporation that is focused on providing affordable housing for granite staters, we have worked with numerous federal programs over the past thirty years, and the one thing we need to keep doing our work is consistency and reliability.  So when we are faced with distractions that cause chaos and confusion throughout our sector, it makes the difficult work of building affordable housing even that much more challenging,” said Robert Tourigny, Executive Director, NeighborWorks Southern New Hampshire.
    “While we were relieved that the Administration intended to exclude rental assistance from the spending freeze, funding that we rely on to provide self-sufficiency services to working families, build new affordable housing, and reduce our energy costs were all targeted. On behalf of the nearly 930 senior, disabled and working families we serve, we are grateful to all of the individuals, organizations and elected officials across the country for their advocacy,” said Joshua Meehan, Executive Director, Keene Housing.
    “Federal funding is a lifeline for Community Health Centers, which deliver comprehensive primary care, mental and behavioral health, dental, and other essential primary care services to over 330,000 patients across New Hampshire and Vermont. With the uncertainty around the status of health centers’ federal grant funding, we are extremely concerned about the ability of their patients to access the services they need,” said Tess Kuenning, President & CEO of Bi-State Primary Care Association.
    “Ammonoosuc Community Health Services is a federally qualified health center that integrated primary preventive services in the rural White Mountains of Northern New Hampshire to nearly 10,000 patients a year, across five strategically located care delivery sites. In fact, we serve 1 out of every 3 residents within our service area.  Our patients receive care that is nationally recognized.  Our outcomes for patient with depression or diabetes exceeds national healthy people goals since 2009, top two FQHC for colorectal cancer screening (2018), top 16 FQHC in overall cancer screening (2023).  All accomplished in a financially responsible manner where our annual financial audit has always been free of any concerns and 95% of our patients recommend us to friends, family and neighbors who need care. All in all we govern ACHS in a responsible and predictable manner.  As an FQHC we provide services to everyone, regardless of social and economic status. The President’s unprecedented and unannounced freeze on nearly all federal funding meant an immediate freeze on nearly $180,000 in monthly drawdown payments and catapulted my staff into 24 hours of uncertainty and chaos while we tried to get clarification from the administration. Clarification that never came. This type of governing is categorically not a responsible way to govern, has real world impacts, and wasteful in diverting critical resources away from our core mission of providing outstanding health care services to those in our community who need it most. As the CEO and steward of ACHS, The People’s Health Center, I take responsible governance seriously and I expect those elected by the people to take their responsibility seriously as well,” said Ed Shanshala, CEO, ACHS.
    On Wednesday night, Shaheen spoke on the Senate floor to condemn the Trump administration’s order to take away federal grants and loans that families, seniors and small businesses in all 50 states rely on for critical, often life-saving services. Shaheen illustrated the chaos caused by the extreme order by sharing the stories of many Granite Staters she has heard from in the past two days.
    On Monday, the Trump administration’s Office of Management and Budget (OMB) announced a sweeping executive order pausing almost all forms of federal assistance to states, nonprofits, non-governmental organizations and more. Senator Shaheen immediately condemned the move and emphasized the impact it will have on communities. The full list that agencies were directed to review encompasses over 2,600 assistance programs, including Supplemental Nutrition Assistance (SNAP), Women, Infants and Children (WIC), community health centers, the Community Development Block Grant (CDBG), transportation and highway funding, energy assistance programs, water infrastructure funding, State Opioid Targeted Response grants, GI Bill, veteran compensation for service connected disabilities, Section 8 housing vouchers, school breakfast and lunch, Title I education grants, Temporary Assistance for Needy Families (TANF) and Head Start.

    MIL OSI USA News –

  • MIL-OSI: ESET Triumphs as AV-Comparatives’ 2024 Product of the Year

    Source: GlobeNewswire (MIL-OSI)

    BRATISLAVA, Slovakia, Jan. 31, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity solutions, is proud to announce that ESET HOME Security Essential has been named AV-Comparatives’ Product of the Year for 2024. This prestigious award recognizes ESET HOME Security Essential for Windows for its outstanding performance and reliability in protecting consumers against a wide range of cyber threats.

    In 2024, AV-Comparatives subjected 16 consumer security products for Windows to rigorous testing, evaluating their ability to protect against real-world Internet threats, identify recent malicious programs, defend against advanced targeted attacks, and provide protection without slowing down the PC. ESET HOME Security Essential emerged as the top performer, receiving the highest Advanced+ Award in all seven tests conducted throughout the year.

    As stated in the AV-Comparatives’ Summary Report 2024, “Reviewers were impressed by the clean, intuitive user interface designed for non-expert users, as well as the extensive customization and scan options available for power users.”

    Although the majority of vendors make auto-renewal mandatory, the report points out that, most commendably, ESET is among those vendors who do not impose auto-renewal on users. The report further highlights ESET HOME Security Essential as a well-designed and easy-to-use security product that provides safe default settings and essential features easily accessible to all users.

    Andreas Clementi, founder and CEO of AV-Comparatives, commented on ESET’s recognition: “ESET’s performance throughout our 2024 tests has been consistently strong, earning high ratings across multiple categories. The awards reflect the product’s reliability in malware protection, usability, and system performance. ESET HOME Security Essential demonstrated a well-balanced approach, providing effective security without imposing a significant burden on the system, which many users will appreciate.”

    “We are honored to be recognized as AV-Comparatives’ Product of the Year for 2024. This award is a testament to our commitment to providing high-performance, technologically advanced security solutions that protect digital lives of our customers without compromising their device performance. We will continue to innovate and enhance our products to address real-life cybersecurity and privacy needs of our users, so they can enjoy the full potential of themselves and their technology in a secure digital world,” said Viktória Ivanová, Vice President of Consumer and IoT Segment at ESET.

    ESET HOME Security for Windows is designed to offer high-performance protection with low system impact, utilizing multilayered technologies that go beyond basic antivirus capabilities.

    Discover more about ESET HOME Security solutions here.

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of known and emerging cyberthreats — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. An ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow us on LinkedIn, Facebook, and X.

    The MIL Network –

  • MIL-OSI: Humans Group 2024 Financial and Operational Results: Fintech Service Humans Pay is a Key Growth Driver with 60% YoY Revenue Increase

    Source: GlobeNewswire (MIL-OSI)

    Humans Group recorded significant growth across all key metrics: turnover, revenue, and customer numbers. The active user base of its super app ecosystem grew to over 2.3 million people by the end of 2024, a 28% year-on-year increase.

    TASHKENT, Uzbekistan, Jan. 31, 2025 (GLOBE NEWSWIRE) — The Humans Group of companies has published its final report on its activities in Uzbekistan for 2024. Turnover reached UZS 17,777 billion, and gross revenue totaled UZS 515.4 billion. Net revenue increased by 9.82% compared to the previous year.

    Ecosystem Growth

    The Humans super app provides unique, market-leading services for the Uzbek market. It combines mobile services, a fintech service called Humans Pay, Humans Yaxshi, a grocery delivery service from local markets, and Humans Market, a marketplace for buying everyday goods. The ecosystem also includes a cashback program.

    The active customer base of the Humans ecosystem is steadily growing, providing a positive outlook for further market expansion. At the end of 2024, the customer base of the Humans ecosystem exceeded 2.3 million users, reflecting a 28.01% increase compared to 2023.

    Customers are increasingly using the Humans app as a super app to meet their daily needs. As of December 2023, nearly 88% of customers active within the past 30 days used only mobile services. By September 2024, this share had decreased to 84.6%. Currently, more than 1.25 million customers are combining at least two services within the super app.

    Vlad Dobrynin, CEO and founder of Humans Group, said: “The addition of new services to the ecosystem consistently leads to an increase in the number of active users and a rise in transaction frequency. In 2025, we plan to offer new convenient products to our customers, such as a ‘buy now, pay later’ service and a microloan service.”

    “We will also launch a social platform for targeted peer-to-peer assistance to those in need. Further, we will continue to expand the range of products in the Humans Market marketplace and increase the Humans Yaxshi delivery area to 50 cities in Uzbekistan.”

    Humans Pay: A Key Driver of Net Revenue Growth

    Fintech remains one of the main drivers for the development of the Humans super app. Net revenue of the Humans Pay payment and transfer service reached UZS 133.1 billion in 2024, an increase of 59.98% compared to 2023. The number of unique clients of the Humans Pay service exceeded 701,410 in the first three quarters of 2024, a 21.27% increase compared to the same period in 2023.

    Alongside user growth, there has been a corresponding increase in transactions. Clients are using the Humans Pay service more frequently, making more transactions, and transferring larger amounts of money. In the first three quarters of 2024, the total volume of card-to-card transfers increased by 151.6% year-on-year, while the number of transactions per active user rose by 62.15%.

    Humans Mobile: Customers Choose Unlimited Internet

    The telecom service is also reaching an increasingly larger share of the Uzbek population. The number of active telecom clients of Humans surpassed 1.56 million in 2024. Among them, 279,200 are already using unlimited internet packages, a 78.55% increase compared to last year.

    “In 2024, Humans demonstrated double-digit growth in almost all key performance indicators. We significantly strengthened our position in the telecom business and confirmed the effectiveness of our strategy aimed at transitioning telecom service users to an ecosystem product,” added Vladimir Dobrynin.

    Despite the impressive growth figures, the potential for growth in the Humans Pay fintech service has been slowed by the unprecedented actions of the Central Bank of Uzbekistan and the biased, discriminatory policies of the regulator. The Humans team did everything possible to support the growth of the ecosystem and, most importantly, to continue driving development,” noted Vladimir Dobrynin.

    Customer Support: AI Sets New Service Standards

    The quality of customer service is a high priority for Humans. Today, 92% of user inquiries are resolved on the first contact with the call center by phone, and 91% on the first contact via chat. However, to deliver ever superior standards of customer care in 2024 Humans Group implemented an AI-based personalized offer system.

    The platform selects the most relevant services for the customer based on their request, for example, mobile service plans. This ensures call center operators recommend only relevant and optimal services for customers, saving their time. As a result, the AI platform simultaneously improves communication efficiency and user satisfaction.

    Team: The “Daily Pay” Project as an Element of Social Responsibility

    Reflecting Humans Group dedication to corporate social responsibility and employee well-being, in 2024 the company introduced a ‘Daily Pay’ system for its customer support employees. This system rewards staff with bonuses the morning after they have hit daily targets.

    The speed of this remuneration is unprecedented and provides team members with confidence in their financial planning, leading to increased motivation, engagement, and job satisfaction. The system had previously been trialled, with enormous success, across the Humans retail network among salespeople, supervisors, and couriers.

    About Humans

    Humans.uz is a super app that combines the fintech service Humans Pay, mobile communication services Humans Mobile, the grocery delivery service from bazaars Humans Yaxshi, and the product marketplace Humans Market. The project was launched in June 2020 in Uzbekistan as part of the Humans Group operations which also includes the employee search platform Humans.net in the USA. The group’s offices are located in the USA, Uzbekistan, Poland, Singapore, and Germany.

    Website

    https://humans.uz/en/

    Contact

    Natalia Ikonnikova
    pr@humans.net

    Disclaimer: This content is provided by the Humans. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62483b00-501d-4c1f-b4b9-9e26fbafe651

    The MIL Network –

  • MIL-OSI United Kingdom: Government going further and faster to bring growth to Wales

    Source: United Kingdom – Executive Government & Departments

    The Chancellor has committed to going further and faster to put more money in working people’s pockets across Wales.

    HM Treasury

    Working people and businesses across Wales are to benefit from reforms to drive investment and get Britain building. The Chancellor has committed to going further and faster to put more money in working people’s pockets across Wales and deliver on the UK Government’s Plan for Change. 

    Below sets out specific benefits for Wales as a result of the Chancellor’s decisions today (29 January).

    Wrexham and Flintshire Investment Zone 

    • Having confirmed funding for the Investment Zones programme at Autumn Budget, the government can now confirm that the Wrexham and Flintshire Investment Zone (IZ) will focus on advanced manufacturing.
    • There are major international businesses in the region including JCB and Airbus, which the IZ will support, as well as the wider advanced manufacturing supply chain in the region. At present the IZ is expected to generate £1bn of private investment, creating up to 6000 new high quality jobs.
    • The IZ’s interventions will be focused around sites in: 
      • Deeside and Deeside industrial estate which houses Tata Steel and Toyota; 
      • Hawarden Airport, where Airbus are based; 
      • Llay Industrial Estate – which houses a number of key aerospace businesses; and 
      • Wrexham Industrial Estate – which houses a wide range of advanced manufacturing business, including JCB. 

    Sustainable Aviation Fuel

    • The UK government is investing £63m into the Advanced Fuels Fund in 2025-26 and has today set out the details of how it will deliver a Revenue Certainty Mechanism to encourage investment into this growing industry. These measures will encourage more investors to back production in the UK, bringing good, high-skilled jobs to areas like South Wales.

    Inactivity Trailblazers

    • Getting more people back into work is crucial if we want a dynamic economy, and it is good for jobless people too. Over nine million people are inactive, of which a record 2.8 million people are out of work due to long-term sickness. The outdated employment support system is ill equipped to respond to this growing challenge.
    • We have committed £240m of investment towards 16 trailblazers including one for every MCA and one in Wales to tackle the root causes of inactivity, eight of which will be used to support the Youth Guarantee, the remaining eight will be focused on tackling health-related inactivity.
    • The Inactivity trailblazers will be delivered across Wales.

    National Wealth Fund Support

    • The government remains committed to working in close partnership with the Welsh Government through the National Wealth Fund to maximise investment opportunities to deliver growth in all corners of the UK.

    Welsh Secretary Jo Stevens said:

    I’m delighted that we are moving forward with the Investment Zone for Wrexham and Flintshire with £160 million from the UK Government to drive economic growth in advanced manufacturing.

    In December I met leaders from the advanced manufacturing sector at Toyota in Deeside and visited two hugely successful supply chain businesses. I saw the huge potential for growth and for building on the talent and expertise that already exists in this part of Wales.

    This Investment Zone will super-charge economic growth, create up to 6000 new jobs and generate £1bn of private investment which will have a transformational impact for people living and working in northeast Wales.

    The Chancellor is also reviewing the Treasury’s investment guidance in the Green Book to ensure it is being used to provide objective, transparent advice on public investment across the country, reporting at Phase 2 of the Spending Review.

    Pushing forwards with strategic infrastructure and investment across all four corners of the UK is key to delivering the UK Government’s Growth Mission. Bringing the productivity of major cities to the national average would deliver an extra £33bn in economic output, and measures set out today extend beyond this to kickstart a decade of national renewal.

    This is just the start, and further regional growth announcements will follow through the year. The government is hardwiring plans for regional growth into the Spending Review, and into plans for infrastructure, investment and the industrial strategy. The UK Government is also working with the Welsh Government to ensure the benefits of growth can be felt across Wales, including by partnering on the Industrial Strategy to support Wales’s considerable sectoral strengths.

    Tim Knowles, Founder and Managing Director of FI Real Estate Management, said: 

    As an investor in Wrexham for almost 20 years, we’re delighted to see the announcement that Wrexham and Flintshire will receive Advanced Manufacturing Investment Zone status, with three of our schemes on Wrexham Industrial Estate – Wrexham 1M, Wrexham 152, and Bridgeway Centre – forming part of the designated zone.

    Across these sites, we’ll be investing £115m to create new, high-quality industrial accommodation, supporting the creation of over 1,000 new jobs and delivering an estimated economic value of £1.2bn in Wrexham over the next 10 years.

    This is a significant milestone for North Wales, and we look forward to working in partnership with stakeholders to leverage this opportunity for strategic investment in the area, helping to supercharge the region’s advanced manufacturing sector.

    In collaboration with local authorities and wider stakeholders, we need to ensure that we capitalise on all the opportunities this moment brings. We’ve long recognised the potential for North Wales to become a thriving hub for innovation, and we’re excited that our developments can play an important part in this next chapter.

    Mark Turner, JCB’s Chief Operating Officer said:

    JCB has been a prominent feature of the industrial and economic landscape in Wrexham and Flintshire for over 45 years. Innovation is the lifeblood of our business and we welcome the creation of an Investment Zone in North Wales and hope that it will attract many other businesses to the area. As an advanced manufacturer of precision engineering components, JCB Transmissions looks forward to other advanced manufacturing businesses coming to the area. This could go a long way towards building the supply chain resilience of existing manufacturing businesses in the area, such as JCB.

    We place a lot of values on skills in our business and we look forward to the Investment Zone positively supporting skills development in the future. JCB continues to invest in our business in Wrexham and today’s IZ announcement bodes well for the economic development of the area in the future.

    Updates to this page

    Published 31 January 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Committee on Non-Governmental Organizations Continues 2025 Regular Session

    Source: United Nations General Assembly and Security Council

    Meetings Coverage

    2025 Regular Session,

    3rd & 4th Meetings (AM & PM)

    (Due to the liquidity crisis affecting the United Nations, the Meetings Coverage Section was unable to cover these meetings.)

    A subsidiary body of the Economic and Social Council, the Committee on Non-Governmental Organizations continued its annual session today.

    The 19-member Committee is tasked with the consideration of applications for consultative status and requests for reclassification submitted by NGOs; the consideration of quadrennial reports submitted by NGOs in General and Special categories; the implementation of the provisions of Council resolution 1996/31 and the monitoring of the consultative relationship; and any other issues which the Economic and Social Council may request the Committee to consider.

    Non-governmental organizations

    For information media. Not an official record.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: Committee on Non-Governmental Organizations Opens 2025 Regular Session

    Source: United Nations 4

    Meetings Coverage

    2025 Regular Session,

    1st & 2nd Meetings (AM & PM)

    (Due to the liquidity crisis affecting the United Nations, the Meetings Coverage Section was unable to cover these meetings.)

    A subsidiary body of the Economic and Social Council, the Committee on Non-Governmental Organizations opened its annual session today.

    The 19-member Committee is tasked with the consideration of applications for consultative status and requests for reclassification submitted by NGOs; the consideration of quadrennial reports submitted by NGOs in General and Special categories; the implementation of the provisions of Council resolution 1996/31 and the monitoring of the consultative relationship; and any other issues which the Economic and Social Council may request the Committee to consider.

    Non-governmental organizations

    For information media. Not an official record.

    MIL OSI United Nations News –

  • MIL-OSI USA: Kansas Delegation Releases Statement Following the Wichita Flight Crash

    US Senate News:

    Source: United States Senator for Kansas – Jerry Moran

    “Our prayers are with the families and friends of those affected by the tragic plane crash that occurred in our nation’s capital. South central Kansas is a close community, and it’s likely that many of us directly or indirectly know people who were on Flight 5342 on Jan. 29. This is a sad day for Kansans and our nation, and this community, steeped in aviation and manufacturing history, will feel the pain of this catastrophe for years to come. We are grateful for the first responders and rescue crews who worked through the night. Our focus now is supporting the family and friends of those who perished, including the crew and military personnel, and then getting answers for the grieving individuals who have lost a loved one and making sure this doesn’t happen again.”

    MIL OSI USA News –

  • MIL-OSI Canada: Reports Presented on Culture and Inclusion Along with Health

    Source: Government of Canada regional news

    Released on January 31, 2025

    The Advisory Committee on Francophone Affairs presented the Minister Responsible for Francophone Affairs, Alana Ross, with two new reports detailing their on-going review and analysis of programs and policies in both the culture and inclusion sector, as well as the health sector. These reports are used to guide the implementation of Saskatchewan’s French-language Services Policy. 

    “The Government of Saskatchewan is committed to ongoing engagement with the Francophone community,” Ross said. “We look forward to continuing to work together on these and other important opportunities to address the needs of French communities across the province.”

    In preparing these reports, the committee met with representatives from ministries and agencies, as well as representatives of Francophone community organizations. The resulting reports contain several recommendations. 

    “I am honored to support the vitality of the French language and culture in Saskatchewan,” Advisory Committee on Francophone Affairs Chair Alpha Barry said. “The two reports released today offer thoughtful and actionable recommendations on culture and health that would improve access to French-language services across the province, in alignment with the French-language Services Policy. These efforts underscore our collective commitment to meeting the needs of Saskatchewan’s Francophone community and fostering its continued growth and vibrancy.”

    For more information on the Advisory Committee’s work and the full reports, visit: www.saskatchewan.ca/fab.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: London ETO celebrates Year of Snake and promotes liquor trade in Scotland

    Source: Hong Kong Government special administrative region

         â€‹The Hong Kong Economic and Trade Office, London (London ETO), in collaboration with the China-Britain Business Council (CBBC), hosted the “Toast to the Snake” reception in Glasgow, the United Kingdom (UK), in the evening of January 30 (London time) to celebrate the Year of the Snake.

         Speaking at the reception, the Director-General of the London ETO, Mr Gilford Law, highlighted Hong Kong’s unique advantages under “one country, two systems” including the common law regime, the free flow of capital, people and information, and policy support from the Mainland. Mr Law emphasised that those strengths did not go unnoticed. He said, “Hong Kong saw a record number of 9 960 non-local companies operating in the city last year, representing a 10 per cent year-on-year increase, with 720 of them coming from the UK. The International Monetary Fund had also reaffirmed Hong Kong’s position as an international financial centre and recognised the resilience of the city’s financial system.”

         Around 270 guests from the business, academic and cultural sectors as well as the Chinese community attended the reception. Among the guests were the Minister for Business of the Scottish Government, the Lord Provost of the City of Glasgow, and the Consul General of the People’s Republic of China in Edinburgh.

         In the morning of the same day, the London ETO and Invest Hong Kong sponsored CBBC’s China Consumer Scotland 2025 event, featuring among others a panel discussion on the opportunities arising from Hong Kong’s reduction of liquor duty as announced in “The Chief Executive’s 2024 Policy Address”. Mr Law highlighted in his welcome speech that various high value-added sectors, such as logistics and storage, tourism as well as food and beverage would also benefit from this new measure. He encouraged Scottish brands to grasp this opportunity.

         Speaking at one of the panel discussions, the Head of Business and Talent Attraction/Investment Promotion of the InvestHK London Office, Ms Daisy Ip said, “Hong Kong boasts a thriving premium spirits market and a diverse range of high-end bars and dining establishments, making it a significant growth market for spirits. The city offers well-developed cold chain logistics services, robust logistics networks, and seamless connection with the Mainland and key Southeast Asian markets. Hong Kong can serve as Asia’s hub for liquor trade and distribution.”

         The China Consumer Scotland 2025 event was attended by close to 50 business representatives who were related to the spirits industry or interested in the opportunities in the Chinese market.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Joint Press Release: Agencies Announce Second Public Outreach Meeting as Part of Their Review of Regulations

    Source: US Federal Deposit Insurance Corporation FDIC

    Federal Deposit Insurance Corporation
    Federal Reserve Board
    Office of the Comptroller of the Currency

    Federal bank regulatory agencies will hold a virtual public outreach meeting on March 6, 2025, as part of their review of regulations, as required by law. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies, with input from the public, to review their regulations at least once every 10 years to identify any outdated or otherwise unnecessary regulatory requirements applicable to their supervised institutions.

    The outreach meeting is an opportunity for interested stakeholders to present their views on the six categories of regulations listed in the first two Federal Register notices: Applications and Reporting; Powers and Activities; International Operations; Consumer Protection; Directors, Officers and Employees; and Money Laundering.

    Individuals interested in providing oral comments must register by February 14, 2025, and indicate the regulatory category or categories they would like to discuss. The agencies will notify those individuals selected to provide comments. Advance registration is not required to attend this virtual public meeting as an observer.

    Additional details, including a link to attend the meeting, will be available on the EGRPRA website under the outreach page.

    The agencies will announce additional public meetings in 2025.

    ###

    MEDIA CONTACTS:

    FDIC

    LaJuan Williams-Young

    (202) 898-3876

    FRB

    Chelsea Grate

    (202) 452-2955

    OCC

    Anne Edgecomb

    (202) 649-6870

     

    MIL OSI USA News –

  • MIL-OSI USA: Update on Alert: Extracorporeal Blood Circuit Issue from Nuwellis

    Source: US Department of Health and Human Services – 3

    This communication is part of the Communications Pilot to Enhance the Medical Device Recall Program. This recall involves removing certain devices from where they are used or sold. The FDA has identified this recall as the most serious type. This device may cause serious injury or death if you continue to use it. The affected products and recommendations below have not changed. 

    Affected Product

    The FDA is aware that Nuwellis has issued a letter to affected health care providers recommending certain lots of AquaFlexFlow UF 500 Plus extracorporeal blood circuits be removed from use:

    • AquaFlexFlow UF 500 Plus Extracorporeal Blood Circuit
    • Catalog #: A06163
    • Model #: 114156
    • UDI: 10853072007111
    • Affected Lot Numbers:
    22697 22698 22699 22700 22701 22702
    22703 22704 22705 22706 22707 22708
    22721 22722 22723 22724 22733 22734
    22735 22736 22737 22738 22739 22740

    What to Do

    • On December 11, 2024, Nuwellis sent all affected customers an Urgent: Medical Device Recall recommending the following actions:
      • Immediately discontinue use of these affected lots to minimize risk of injury.
      • Review the lot number on the device labeling to preemptively visually identify affected product. The image below is an example AquaFlexFlow UF 500 Plus Label. In this example, the lot number is circled in red to highlight where to find this information on the product labeling. 
      • Do not ignore or override any console alarms.

    Reason for Alert

    The AquaFlexFlow UF 500 Plus extracorporeal blood circuit, used with the Aquadex SmartFlow and FlexFlow Systems, may indicate “Ultrafiltrate Weight Mismatch” or “Excessive Weight Mismatch” alarms while in use. If too many weight mismatch alarms occur, the Aquadex console will terminate therapy with that blood circuit. If therapy is terminated, it could cause excess fluid removal from a patient, leading to acute volume depletion, which could also be referred to as hypovolemia or dehydration, which is especially serious in pediatric patients. A new blood circuit must be primed if continued therapy is desired.

    Nuwellis has reported 3 injuries associated with this issue.

    Device Use

    The AquaFlexFlow UF 500 Plus is a single use blood circuit set indicated for use with the Aquadex SmartFlow Systems. The Aquadex SmartFlow System is indicated for continuous ultrafiltration therapy for use in adult and pediatric patients whose fluid overload is unresponsive to medical management, including diuretics.

    Contact Information

    Customers in the U.S. with adverse reactions, quality problems, or questions about this recall should contact Nuwellis Customer Service at orders@nuwellis.com or 855-786-2778.

    Additional FDA Resources

    Unique Device Identifier (UDI)

    The unique device identifier (UDI) helps identify individual medical devices sold in the United States from distribution to use. The UDI allows for more accurate reporting, reviewing, and analyzing of adverse event reports so that devices can be identified more quickly, and as a result, problems potentially resolved more quickly.

    How do I report a problem?

    Health care professionals and consumers may report adverse reactions or quality problems they experienced using these devices to MedWatch: The FDA Safety Information and Adverse Event Reporting Program.

    MIL OSI USA News –

  • MIL-OSI: Goodwood Inc. Announces Suspension of Redemptions and Suspension of NAV Calculation for the Goodwood Capital Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) — Goodwood Inc. (“Goodwood”), the manager of Goodwood Capital Fund (the “Fund”), pursuant to an exemptive relief decision obtained from the Ontario Securities Commission, announced today that the Fund has received (a) approval to permit the Fund to suspend for a period of 90 days the right of its unitholders to request that the Fund redeem their units of the Fund (the Suspension of Redemptions); and (b) an exemption from the requirement for the Fund to calculate its net asset value once a week during the period of suspension for the purposes of processing subscriptions and redemptions (the Suspension of NAV Calculations).   

    Goodwood believes that it is in the best interest of unitholders to terminate the Fund and intends to commence actions to terminate the Fund. However, the Fund’s termination cannot be effected immediately. In order to protect the interests and ensure the equal treatment of its investors, Goodwood believes that suspending redemptions at this time and proceeding with an orderly wind-up of the Fund is in the best interests of unitholders of the Fund. This will enable the Fund to distribute the maximum amount of assets pro rata to all its unitholders as quickly as possible in an orderly manner and to allocate termination costs equally across the remaining investor base. It will also ensure that all current unitholders are treated in a similar manner in connection with the termination of the Fund, rather than providing an advantage to “first moving” unitholders who are quicker to submit their redemption requests.

    Goodwood will not earn or collect management fees from the Fund while the Suspension of Redemptions and the Suspension of NAV Calculations remains in effect. Any request for redemption submitted but not yet filled will be similarly suspended. Goodwood will continue to determine the net asset value of the Fund for purposes other than processing redemptions and subscriptions.

    Goodwood will reach out to unitholders of the Fund directly with additional information and communication regarding the process for termination.

    Additional information about Goodwood is available at www.goodwoodfunds.com.

    Curt Cumming
    President, Goodwood Inc.
    (416) 203-2522, cscumming@goodwoodfunds.com
    Website: www.goodwoodfunds.com

    The MIL Network –

  • MIL-OSI: Prosafe SE: Fourth-quarter results 2024

    Source: GlobeNewswire (MIL-OSI)

    (Figures in brackets refer to the corresponding period last year)

    31 January 2025 – Prosafe SE reported EBITDA of USD 4.9 million (negative USD 2.7 million) for the fourth quarter of 2024. The company had four active vessels during the quarter.

    Operations and HSSE

    • Good operating and safety performance on all vessels
    • 57% utilisation (50%), four out of seven vessels operating during the quarter
      • 100% utilisation on the operating fleet in Brazil and US Gulf of Mexico
    • Strong commercial performance during 2024 with 44% increase in backlog from prior year
      • Backlog of USD 370 million (USD 238 million)
      • Safe Zephyrus extension to Q3 2027 finalised, adding USD 109 million to backlog
      • Contracts for Safe Boreas and Safe Caledonia plus Safe Concordia contract extension

    Q4 financials

    • Revenues of USD 37.0 million (USD 29.6 million) and EBITDA of USD 4.9 million (negative USD 2.7 million)
    • Cash flow from operations of nil (USD 3.8 million) due to Safe Boreas and Safe Caledonia SPS/reactivation
    • Capex of USD 8.0 million (USD 4.8 million)
    • Liquidity position of USD 46.8 million with expected runway to mid-2025, compared to USD 63.5 million at end Q3 2024 and USD 74.6 million at year-end 2023
    • Refinancing expected to complete H1 2025, likely to include equity component in form of debt for equity conversion and/or equity injection as part of the overall structure

    Market and outlook

    • Brazil market strengthening with new tenders for up to 6 units
    • North Sea operators continue to plan for future campaigns
    • Increased backlog and improved outlook create a platform to strengthen liquidity and achieve a sustainable capital structure

    See Q4 presentation for further details

    Terje Askvig, the CEO of Prosafe, says, “The global accommodation market continues to strengthen led by growing demand in Brazil, in line with expectations. The new long-term Petrobras tenders may absorb further capacity from outside Brazil on top of units already in the country. Prosafe stands to benefit as the market leader in Brazil. Improved market fundamentals, increased backlog and high operational efficiency support our expectations of future earnings growth and provide a robust foundation for establishing sustainable capital structure prior to 2025 maturity.”

    Presentation 

    Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 3 February 2025 at 10:00 CET.

    This presentation is open to the public and will be live-streamed on Prosafe’s website.

    https://wwww.prosafe.com

    It will be possible to ask questions during the presentation by using the Q&A tool embedded in the audiocast. These questions will be answered after the presentation.

    A replay of the audiocast will be made available on Prosafe’s website shortly after.

    The Q4 2024 press release and presentation is attached and can be downloaded from https://www.prosafe.com and www.newsweb.no (https://www.newsweb.no). The 2024 annual report will be published 30 April 2024.

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com (https:///www.prosafe.com)

    For further information, please contact: 

    Terje Askvig, CEO Phone: +47 952 03 886

    Reese McNeel, CFO Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    Attachments

    The MIL Network –

  • MIL-OSI Video: Laken Riley’s Mother: President Trump “Is a Man of His Word”

    Source: United States of America – The White House (video statements)

    “I thank President Trump for the promises he made to us. He said he would secure our borders and that he would never forget about Laken. And he hasn’t. He’s a man of his word.” –Laken Riley’s mother Allyson Phillips

    https://www.youtube.com/watch?v=2H6U1MYLtIw

    MIL OSI Video –