Category: KB

  • MIL-OSI Asia-Pac: Imported Clotted cream samples detected with total bacterial count exceeding legal limit

    Source: Hong Kong Government special administrative region

         â€‹The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 16) that samples of prepackaged pasteurized Cornish clotted cream imported from the United Kingdom (UK) were detected with total bacterial count exceeding the legal limit. The affected batch of product has been marked and sealed, and has not entered the market. The CFS is following up on the incident.

         Product details are as follows: 

    Product name: Cornish Clotted Cream
    Brand: M&S 
    Place of origin: UK
    Sole importer: Alf Retail Hong Kong Limited
    Packing: 227 grams per pack
    Use-by date: October 18, 2024

         A spokesman for the CFS said, “The CFS collected the above-mentioned samples at the import level for testing under its routine Food Surveillance Programme. The test results showed that the total bacterial count of the samples were 620 400, 1 128 000 and 1 504 000 per milliliter respectively. According to the Milk Regulation (Cap 132 AQ), milk after heat treatment by means of pasteurisation should not contain more than 30 000 bacteria per millilitre.

         The CFS has informed the importer concerned of the irregularity. An investigation revealed that the affected batch of the product is still stored in the importer’s warehouse. It has not entered the local market. The CFS has temporarily suspended the permission to import for sale of the product concerned granted earlier to the importer. Other types of similar products of the same brand being sold in the market are not affected.
     
         The spokesman said that the total bacterial counts exceeding the legal limit indicated that the hygienic conditions were unsatisfactory, but did not mean it would lead to food poisoning.
     
         The CFS has informed the British authorities of the incident, and will continue to follow up on the case and take appropriate action.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Overcoming analysis paralysis: the Niaxo ACE supplier story

    Source: United Kingdom – Executive Government & Departments

    Bringing data science to bear on everything from the national covid response to synthetic data and countering online grooming.

    Niaxo brings a wealth of experience in data platforms and analytics, with its founders having clocked up “something ridiculous” like 60 years’ worth of contracting into government as independent consultants between them.

    They saw a niche, with experience of both working independently within government as well as working with government clients, to do something different and get technical projects off the ground faster – avoiding the so-called analysis paralysis which can afflict larger organisations.

    And so Niaxo was born in September 2019.

    The team is now significantly larger, with the initial team joined by ten staff, but retains a core focus on bring novel techniques to other people’s data problems.

    An area the company is increasingly excited about, says Ed Puddicombe, Niaxo’s director of strategy and business engagement, is using artificial intelligence (AI) and synthetic data to generate simulated scenarios. These could be used for interviews, for example, or for training materials in areas such as law enforcement.

    For one Accelerated Capability Environment (ACE) customer, the company used large language models to find examples of the types of text it wanted to replicate synthetically and then designed a wrapper to make an initial version of a template, which has been well received as a starting point. Technology and applications such as this could be a game-changer in terms of speeding up project timelines.

    Puddicombe said: “It was a project for ACE that was the genesis of starting to do some really cool stuff with synthetic data and we enjoy being part of interesting work and working on novel challenges.”

    The Niaxo team heard about ACE from contacts and, intrigued, set up a meeting to find out more. They signed up, and completed their first project in early 2020, exploring data-driven decision-making at a key point of the criminal justice system.

    Puddicombe said: “We took an initial data-processing idea, and within six weeks revamped it into more of an enterprise tool.”

    One of the major ACE commissions Niaxo has been part of was the covid response for the Joint Biosecurity Centre, which was set up to provide evidence-based insight to aid local and national decision-making.

    The company designed and built the data science platform which calculated the ‘r’ value – the measure of how quickly infections were growing across the UK. A rough design on a piece of paper evolved into a platform where every data output could be reversed, to understand the data feeding into it.

    Niaxo built a demonstrator in five days, had the first user live in five weeks, and within five months was told it was the biggest data science platform in government, with hundreds of data scientists working on it. The company also ran and continued to develop it for a number of months, before it was migrated “overnight, seamlessly” to the Department of Health and Social Care.

    Another project Niaxo worked on for a law enforcement body was around understanding the mathematical principles of how online grooming in chats could be detected, and how pattern matching could help, no matter which language was being used.

    Puddicombe added: “I think working with ACE illuminates problem spaces we may have overlooked, so we’ve got a skill that we didn’t know we could grow, from a seed that wouldn’t otherwise have been sown.”

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: School subjects’ weighting optimised

    Source: Hong Kong Information Services

    The Education Bureau today announced the optimised arrangements on the weighting of subjects in the Internal Assessments (IA) for the Secondary School Places Allocation System.

     

    The enhanced weighting will be implemented from the second term of Primary 5 starting from the 2026-27 school year, the bureau explained, adding that the aim of the arrangements is to further promote whole-person development, balanced learning and the healthy growth of students.

     

    Primary Science and Primary Humanities will be implemented, in lieu of General Studies, in Primary 1 and Primary 4 in all primary schools from the 2025-26 school year and progressively extended to all grades. In light of this, the two subjects will be incorporated into the IA.

     

    Additionally, to further promote students’ healthy lifestyle and help them develop a habit of joining sports activities from a young age for strengthening their physique, the bureau considers it desirable to include Physical Education (PE) in the IA.

     

    It has therefore reviewed the weighting of IA subjects, and collected views from different stakeholders, including principals, teachers, and PE and medical-related professionals. After thorough deliberation and consolidation of their views, the total weighting of IA subjects will remain unchanged.

     

    The related optimised arrangements include adjusting the weighting across subjects appropriately to better cater for learner diversity and to reflect students’ performance more comprehensively, and slightly adjusting the weighting of Chinese Language, English Language and Mathematics Education to release space for the learning and teaching of students and teachers.

     

    Such arrangements also involve having equal weighting for Primary Science and Primary Humanities to nurture students’ balanced development of scientific literacy and humanistic qualities, and adding PE with a weighting equal to that of Visual Arts and Music to promote students’ whole-person development.

      

    Click here for the current and optimised weighting of IA subjects.

     

    The bureau pointed out that the modes of assessment of PE in the IA are consistent with the existing assessment modes adopted by schools, both of which include physical fitness, attitudes, sports skills and knowledge as assessment domains.

     

    Schools can plan their PE curriculum according to the requirements of the Physical Education Key Learning Area Curriculum Guide, school characteristics, school environment and facilities, and teachers’ experience for providing diversified PE learning experiences for students as well as catering for their varied abilities and needs, it added.

     

    Apart from organising briefing sessions for schools and parents on the optimised arrangements, the bureau said that it will offer related professional training for teachers.

     

    For details of the optimised arrangements, please visit the bureau’s designated webpage.

    MIL OSI Asia Pacific News

  • MIL-OSI: Vue Protocol Raises $6 Million to Build The Layer2 for Web3 Social

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Oct. 16, 2024 (GLOBE NEWSWIRE) — Vue Protocol (https://vue.io), the Layer 2 solution for Web3 Social, is thrilled to announce the successful completion of a $6 million pre-seed and seed funding round, supported by Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital.

    This achievement underscores the growing confidence of key investors across the blockchain and decentralized technology space in Vue Protocol’s vision to build a decentralized social layer for Web3.

    Powered by TON, EigenLayer, and Optimism, Vue Protocol is well equipped and positioned to reshape how social interactions and data ownership are handled in the Web3 era.

    Vue Protocol aims to revolutionize the way Web3 natives connect by creating a decentralized platform that seamlessly maps multi-chain relationships. This approach, in their vision, not only empowers users with true ownership of their data but also integrates social tokens to redefine community engagement and collaboration.

    With the completion of this funding round, Vue Protocol will accelerate the development of its social infrastructure, enhance the overall user experience, and drive forward integrations with a growing number of ecosystems across the Web3 landscape.

    “Vue Protocol is spearheading the future of decentralized social networking, offering solutions to the growing demand for user-centric, data-sovereign platforms. We are proud to see this level of support in Vue Protocol.” by Matt, Co-Founder of Vue Protocol.

    Vue Protocol has already made significant strides within the Web3 space, securing key strategic partnerships with projects such as Glacier Network and others. These collaborations, combined with this fresh capital infusion, position Vue Protocol to scale rapidly, ensuring that its decentralized social platform offers a seamless, secure, and intuitive experience for millions of Web3 users.

    As they move forward, Vue Protocol sincerely invites everyone to join them and follow their journey as the team are pushing the boundaries of decentralized social networking and setting new standards for privacy, data ownership, and community-driven engagement. Please stay tuned for further updates and join Vue Protocol community on Telegram, and follow them on Twitter for the latest developments and announcements.

    Social Links

    X: https://x.com/VueLabs

    Telegram: https://t.me/vueprotocol

    Medium: https://vueprotocol.medium.com/

    Media Contact

    Brand: Vue Protocol

    Contact: Media team

    Email: info@vue.io

    Website: https://vue.io

    The MIL Network

  • MIL-OSI: LPL Financial Welcomes Eight Financial Advisors in Florida

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Oct. 16, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that a group of advisors in St. Petersburg, Fla., have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately $450 million in advisory and brokerage assets* and join LPL from Raymond James.

    Financial advisors Michael Collins, Jim Spicer, Ryan Roy, Gary Hummel, Robert Torris, David Zaccagnino, Steven Laesser and Mark Wolf, along with his son Logan Wolf, a registered assistant, operate independently while leveraging shared office space, best practices and approaches to client services. They offer a comprehensive suite of financial services that spans portfolio management, retirement income, tax planning, education funding, estate planning and more.

    The transition to LPL was motivated by a desire to better serve their clients and to gain more control over their future. The advisors said LPL’s flexible platform and customizable solutions were key factors in their decision to move.

    “We were seeking a partner that could help us elevate our service offering so we can continue to give clients what they need and deserve,” said Collins, who previously served as branch manager. “With LPL, we have access to a wide range of innovative capabilities and strategic resources, along with an expanded suite of products that will greatly enhance client experiences. We are now empowered to decide what tools we want to use without corporate influence or mandates. This move will be a positive change that will help position us for long-term sustainability and growth.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Mike, Jim, Ryan, Gary, Mark, Logan, Robert, David and Steven to the LPL community and congratulate them on the next chapter of their business. As a committed partner, LPL will provide powerful capabilities, innovative technology and robust business solutions to help increase efficiency and create even better client experiences. We look forward to supporting this group for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

    Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. The advisors named in this release and LPL Financial are separate entities. LPL Financial does not offer tax advice or tax related service.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2023.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #642587

    The MIL Network

  • MIL-OSI: Global Car Rental Company Renews Contract with Urgently for Roadside Assistance Technology and Services

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced a two-year customer partner contract renewal with one of the largest worldwide vehicle rental companies. With this renewal, the relationship, which began in 2022, will extend to 2026.

    This latest renewal, which was driven, in part, by Urgently’s customer experience benefits and electronic vehicle expertise, continues Urgently’s record of successfully retaining all customer partner contracts since the beginning of the second quarter of 2024. Urgently believes this is an indication of the company’s commitment to delivering customer value through exceptional service, cutting edge technology and a prioritization of safety.

    “Our recent contract renewals reflect Urgently’s ability to foster growth, stability and collaboration across our existing client base,” said Matt Booth, Chief Executive Officer, Urgently. “Each renewal underscores our clients’ satisfaction and trust in our mobility assistance platform. We look forward to deepening our relationships with each of our customer partners and remain dedicated to supporting their long-term success.”

    With this renewal, Urgently’s connected assistance platform will continue to power the vehicle rental company’s roadside assistance program, enabling exceptional mobility assistance experiences, including knowledgeable support for electric vehicles (EVs).

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit http://www.geturgently.com.

    Forward Looking Statements

    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s customer partner contract renewal, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on March 29, 202, our quarterly reports on Form 10-Q, including our quarterly report on Form 10-Q for the quarter ended June 30, 2024, which was filed with the SEC on August 13, 2024, and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 15 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    15 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,069,758 1.2712    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,069,758 1.2712    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SALE 8,250 92.7502p
    0.375p ORDINARY SALE 4,000 92.804p
    0.375p ORDINARY SALE 14,000 93p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at http://www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Canada: Government of Canada supports tourism development in Rocher-Percé

    Source: Government of Canada News (2)

    MRC du Rocher-Percé receives over $1.5M in financial assistance from CED to expand and modernize its air terminal.

    MRC du Rocher-Percé receives over $1.5M in financial assistance from CED to expand and modernize its air terminal.

    Grande-Rivière, Quebec, October 16, 2024Canada Economic Development for Quebec Regions (CED)

    Since the start of the pandemic, tourism organizations have demonstrated resilience, creativity and adaptability. They are vectors for diversification and major economic development, and the Government of Canada recognizes their contribution to economic development in Quebec’s regions.

    That is why the Honourable Diane Lebouthillier, Member of Parliament for Gaspésie‒Les Îles-de-la-Madeleine and Minister of Fisheries, Oceans and the Canadian Coast Guard, is today announcing, on behalf of the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, a non‑repayable contribution of $1,541,750 for the MRC du Rocher-Percé to help initiate improvements to its air terminal, a tourism product in Rocher-Percé.

    This CED support has enabled the regional county municipality (RCM) to proceed with work to expand, fit out and complete outdoor renovations and indoor leasehold improvements to offer a safe environment adapted to users and staff. By supporting this project, CED is not only contributing to local economic development, but also helping to strengthen the tourism sector in Rocher-Percé, to the benefit of the region’s businesses and organizations.

    Founded in 1986, the Aéroport du Rocher-Percé, owned by the RCM, specializes in the transportation of people and goods by air. It serves the MRC du Rocher-Percé region, providing mainly medical transportation and business and tourism flights. This essential service plays a key role in regional economic development. The proposed improvements under this project will now enable the RCM to meet its tourism development targets aimed at attracting tourists to the region, including through the travel packages it offers.

    The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. Quebec’s economic recovery relies, among other things, on a strong tourism industry with organizations that have deep roots in the regional economy. The players in this sector are major contributors to growth, as well as key assets in rebuilding a stronger, more resilient, greener and more just economy for all.

    Quotes

    “The CED support announced today clearly illustrates our willingness to boost players in the tourism industry. The financial contribution provided for the project to expand and modernize the Aérogare de Grande-Rivière is very good news for the MRC du Rocher-Percé and its appeal. Thanks to the Government of Canada’s investments in the tourism industry, we are ensuring we are ready to welcome travellers and tourists from home and abroad!”

    The Honourable Diane Lebouthillier, Member of Parliament for Gaspésie‒Les Îles-de-la-Madeleine and Minister of Fisheries, Oceans and the Canadian Coast Guard

    “Our government is committed to supporting tourism businesses and organizations. Thanks to the funding announced today, we are helping to strengthen economic growth in the MRC du Rocher-Percé. Our assistance represents an important step in the efforts being made to attract tourists from Quebec, Canada and around the world so they can all discover the best tourism experiences our country has to offer.”

    The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED

    “A functional airport is essential to ensure efficient service for air ambulance flights, thereby enabling our residents to quickly receive emergency medical care in major centres. The airport and its facilities also represent a major development tool for our economy and for the tourism sector.”

    Samuel Parisé, Warden of the MRC du Rocher-Percé

    Quick facts

    • The funds have been granted under CED’s Quebec Economic Development Program. This program aims to help communities seize economic development and diversification opportunities that are promising for the future.
    • In Quebec, SMEs account for 99.7% of the province’s businesses and 50% of its GDP.
    • CED is the key federal partner in Quebec’s regional economic development. With its 12 regional business offices, CED accompanies businesses, supporting organizations and all regions across Quebec into tomorrow’s economy.

    Associated links

    Information

    Media Relations
    Canada Economic Development for Quebec Regions
    media@dec-ced.gc.ca

    Marie-Justine Torres
    Press Secretary
    Office of the Minister of Tourism and Minister responsible for Canada Economic Development for Quebec Regions
    Cell: 613-327-5918
    marie-justine.torresames@ised-isde.gc.ca

    Stay connected

    Follow CED on social media
    Consult CED’s news

    MIL OSI Canada News

  • MIL-OSI: Form 8.3 – [ECKOH PLC – 15 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    ECKOH PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    15 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 10p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 20,650,926 7.1071    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 20,650,926 7.1071    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    10p ORDINARY SALE 21,450 42.3551p
    10p ORDINARY SALE 93,025 43.375p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at http://www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Canada: Government of Canada supports manufacturers across southern Ontario

    Source: Government of Canada News (2)

    News release

    FedDev Ontario invests $6.5 million to help SMEs scale up, grow and bring new products to market

    October 16, 2024 – Welland, Ontario 

    Canada is positioned as a global leader in innovation thanks to its thriving manufacturing sector, characterized by cutting-edge technology. The Government of Canada is committed to supporting our local manufacturing firms as they adopt new processes and develop made-in-Canada products to strengthen their position in global supply chains and create good jobs for Canadians.

    Today, on behalf of the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Vance Badawey, Parliamentary Secretary to the Minister of Transport and Member of Parliament for Niagara Centre, along with Chris Bittle, Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities and Member of Parliament for St. Catharines, visited Niagara College to announce over $6.5 million for three projects supporting southern Ontario’s manufacturing sector.

    During the visit, PS Badawey announced a Government of Canada investment of $4 million for the Southern Ontario Network for Advanced Manufacturing Innovation (SONAMI). This Niagara College-led network is made up of 11 post-secondary institution (PSIs) partners across southern Ontario that pool together resources and expertise to match PSIs with the needs of manufacturers to find innovative solutions to their manufacturing challenges. This investment will support SONAMI as it continues to bring technical and industry leadership, equipment, expertise and solutions to participating manufacturers across southern Ontario with a focus on clean growth. SONAMI will also continue to foster future talent by involving students in projects with participating companies. The program is expected to support up to 90 businesses, create 45 new products, services or processes, and create or license 100 new intellectual properties.

    While at Niagara College, PS Badawey also announced support for two manufacturers in the Niagara region: CMI Heavy Industries and Black Creek Metal Inc. With an investment of $1.5 million, CMI Heavy Industries will increase production capacity and automate operations through the purchase and installation of advanced manufacturing equipment.

    Black Creek Metal, is receiving $1 million as they expand their second facility in Thorold. This project will support the company as it enhances production capacity by purchasing new equipment and adopting new technologies that will increase efficiencies.

    The Government of Canada is supporting businesses, organizations and entrepreneurs to ensure they have the support they need to innovate and grow, creating good jobs for Canadians.

    Quotes

    “The important work being done by manufacturers like Black Creek Metal and CMI Heavy Industries, as well as the SONAMI network of post-secondary institutions in collaboration with businesses, will have impacts throughout Ontario. The Government of Canada is pleased to support these significant investments in the manufacturing sector. These contributions not only reflect our dedication to promoting innovation and sustainable economic growth but also emphasize the tremendous potential of our region’s manufacturers.”
    – The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario     

    “I’m incredibly proud to see these substantial investments in the manufacturing sector across southern Ontario. By supporting our region’s innovative spirit and expanding production facilities, we are ensuring that the region remains a key player in Canada’s manufacturing landscape, particularly with the vital contributions of SONAMI and our local manufacturers Black Creek Metal and CMI Heavy Industries.”
    – Vance Badawey, Parliamentary Secretary to the Minister of Transport and Member of Parliament for Niagara Centre  

    “This support for the manufacturing sector in southern Ontario will be transformative for local businesses. As we continue to champion growth and innovation throughout the region, these investments will help position our region as a hub of manufacturing excellence, bolstered by the important work of SONAMI and local manufacturers like CMI Heavy Industries and Black Creek Metal.”
    – Chris Bittle, Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities and Member of Parliament for St. Catharines

    “On behalf of Niagara College, we’re grateful to FedDev Ontario for their continued investment in SONAMI. We are proud to have become a key resource for advanced manufacturing applied research in southern Ontario. With this new investment, we will further leverage the regional ecosystem to bring robust technical and industry leadership, equipment, expertise and solutions to manufacturers across southern Ontario, and give students valuable real-world job experience to help them succeed in their future careers. This investment will enhance our focus on clean growth outcomes, ensuring sustainable and innovative advancements in the manufacturing sector.”
    – Sean Kennedy, President, Niagara College

    “This investment from FedDev Ontario has accelerated CMI Heavy Industries’ investments and advancements allowing our company to be more competitive globally. This investment ensures that high-paying manufacturing jobs stay in Niagara.”
    – Shawn Rapone, Controller, CMI Heavy Industries

    “The generous support from FedDev Ontario highlights the government’s commitment to driving business growth and enhancing productivity across southern Ontario. This funding will be transformative, significantly improving the capacity and precision of our operations. It will strengthen our position as an industry leader and ensure we remain competitive in our field.”
    – Merle Beam, President, Black Creek Metal Inc.

    Quick facts

    Associated links

    Contacts

    Edward Hutchinson
    Press Secretary
    Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
    Edward.Hutchinson@feddevontario.gc.ca

    FedDev Ontario
    Media Relations
    media@feddevontario.gc.ca

    Stay Connected

    FedDev-Ontario.Canada.ca

    Follow us XInstagramLinkedIn and Facebook

    Subscribe to FedDev Ontario’s Southern Ontario Spotlight newsletter, featuring economic development news and updates from across the region.

    MIL OSI Canada News

  • MIL-OSI Canada: Supporting culture and tourism growth in western Newfoundland

    Source: Government of Canada News

    News release

    Community organizations receive federal and provincial support for local attractions

    October 16, 2024 · Benoit’s Cove, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)

    Western Newfoundland’s renowned vibrant autumn colours during this time of the year, combined with spectacular ocean and mountain scenery, numerous hiking and biking trails, and unique cultural and immersive experiences continue to draw visitors from around the world. The Government of Canada and the Government of Newfoundland and Labrador are making significant investments to support projects that will further enhance the visitor experience in the region.

    Federal and provincial investments boost region’s tourism potential

    Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, announced total federal investments of $1,075,973 for 10 tourism-related projects in western Newfoundland. The Province of Newfoundland and Labrador also announced a total contribution of $376,145 for these projects.

    These investments will improve infrastructure and accessibility at tourism attractions in the region; assist with the cost of trail construction; support local cultural and art programs, including Indigenous traditions, music, and festivals; and enhance marketing strategies to attract more tourists to the region.

    For the full list of projects, please see the Backgrounder.

    Tourism and culture play a vital role in the economy and identity of Newfoundland and Labrador. Initiatives like these support local businesses, create jobs, and promote sustainable development in rural and urban areas alike. By celebrating and preserving the province’s cultural heritage, Newfoundland and Labrador fosters a deep sense of pride among its people, while showcasing its distinct history and traditions to a global audience.

    Quotes

    “Investing in our tourism and cultural sectors is not just about boosting our economy today, it is creating opportunities for future generations too. Your federal government’s support ensures that our vibrant communities continue to thrive and that the stories and traditions that define us are celebrated and shared with the world.”

    –        The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA


    “Western Newfoundland has already developed a well-earned reputation for its outdoor attractions and unique cultural offerings. Our support for these projects will help preserve the region’s natural and cultural heritage while also encouraging visitors to stay and explore our communities, advancing tourism offerings and stimulating economic growth in the region.”

          –    The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology  

    Quick facts

    • The Newfoundland and Labrador tourism industry contributes $1.14 billion annually to the local economy. Tourism is helping many people earn a living, and creating a great place to live, visit, and invest in the province’s future.

    • The Government of Canada contributions announced today are delivered through several programs and initiatives with the Atlantic Canada Opportunities Agency (ACOA), including the Regional Economic Growth through Innovation (REGI) program, the Innovative Communities Fund (ICF) and Tourism Growth Program (TGP).

    • The Province of Newfoundland and Labrador’s investments are delivered through the departments of Industry, Energy and Technology and Tourism, Culture, Arts and Recreation.

    Associated links

    Contacts

    Connor Burton

    Press Secretary

    Office of the Minister of Rural Economic Development and of the

    Atlantic Canada Opportunities Agency

    Connor.Burton@acoa-apeca.gc.ca

    Paul McGrath

    Director of Communications

    Atlantic Canada Opportunities Agency

    709-689-5731

    Paul.Mcgrath@acoa-apeca.gc.ca

    Lesley Clarke

    Media Relations Manager

    Industry, Energy and Technology

    709-729-5777, 709-699-2910

    lesleyclarke@gov.nl.ca

    MIL OSI Canada News

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC – 15 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    KEYWORDS STUDIOS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    15 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,348,629 1.6746    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,348,629 1.6746    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 2,055 2438p
    1p ORDINARY SALE 410 2438.202p
    1p ORDINARY SALE 185 2438.24p
    1p ORDINARY PURCHASE 190 2439p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at http://www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Canada: Backgrounder: Western Newfoundland region receives support for tourism-related projects

    Source: Government of Canada News

    Western Newfoundland’s renowned vibrant autumn colours during this time of the year, combined with spectacular ocean and mountain scenery, numerous hiking and biking trails, and unique cultural and immersive experiences continue to draw visitors from around the world. The Government of Canada, through ACOA, is investing a total of $1,075,973 to support projects that will bolster the visitor experience in the region. The Government of Newfoundland and Labrador is contributing a total of $376,145.

    October 16, 2024 · Benoit’s Cove, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)

    Western Newfoundland’s renowned vibrant autumn colours during this time of the year, combined with spectacular ocean and mountain scenery, numerous hiking and biking trails, and unique cultural and immersive experiences continue to draw visitors from around the world. The Government of Canada, through ACOA, is investing a total of $1,075,973 to support projects that will bolster the visitor experience in the region. The Government of Newfoundland and Labrador is contributing a total of $376,145.

    The City of Corner Brook is receiving non-repayable contributions totalling $400,350 for three projects through the Regional Economic Growth through Innovation (REGI) program:

    – Hire a consultant to develop an invigorated and consistent branding and marketing strategy for Corner Brook, Lower Humber and Bay of Islands that aligns with the Strategic Areas and Regions (STAR) integrated tourism plan that was developed in 2019 with area stakeholders. (ACOA: $245,475, Province: $82,875).

    – Undertake Phase I of trail assessment and design from the STAR report to anchor regional offerings around destination trails and trail-based tourism. Specifically, to develop a design package for Cape Blow Me Down (a 3.8-km trail that ascends 650 metres) and the Man in the Mountain (a 5.5-km trail that covers 358 metres of elevation change) that will establish long-term sustainable and safe trails. (ACOA: $32,500, Province: $12,500)

    – Conduct a feasibility study for establishing a farmer’s market in Corner Brook. If the study results in favourable outcomes, the entrepreneurial environment in the city will be further enhanced to allow spaces for those selling their products and grow their businesses. The market would serve as a hub on weekends for residents and visitors to gather, socialize, find healthy, affordable food options and shop locally. (ACOA: $19,500, Province: $7,500)

    The City of Corner Brook is an incorporated municipality in the Province of Newfoundland and Labrador. Incorporated in 1955, the City of Corner Brook is located on the western shores of Newfoundland, at the mouth of the Bay of Islands. Corner Brook is known as a popular tourist attraction, with its combination of ocean and mountain scenery, as well as for its outdoor facilities, such as Marble Mountain Ski Resort.

    The Town of Humber Arm South is receiving a non-repayable contribution totalling $258,425 (ACOA: $190,883, Province: $67,542) through the Innovative Communities Fund (ICF) to develop a localized area to support and enhance the tourism experience in the Bay of Islands region. These activities include a small building to provide amenities, such as showers, washrooms and visitor information for the surrounding region; landscaping and signage; and the construction of BBQ and firepit areas. A strengthened infrastructure in the community will encourage tourists and those in the surrounding areas to explore the hiking, geology and natural landscapes thus creating a positive economic impact for local businesses.

    The Town of Humber Arm South is a relatively small community on the south shore of the Bay of Islands, bordering the Blow Me Down Mountains, with a population of approximately 1,800 people. The town is comprised of four communities that spans 18 kms and is about a 20-minute drive to Corner Brook, which increases the visitor potential in the area. The major economic drivers in the community are the in-shore fishery, fish processing, and tourism, with an increasing number of visitors from the cruise ship market segment.

    Corner Brook Stream is receiving a non-repayable contribution totalling $269,148 (ACOA: $183,432, Province: $85,716) through the Innovative Communities Fund (ICF) to implement Phase II of accessibility improvements to a community trail system. These upgrades will include the installation of lighting to increase daily usage of the trails, a redesigned interpretive welcome area, and accessibility upgrades to the west side of the trail. This initiative increases the inclusivity of community infrastructure offerings and will positively impact the linkage between main attractions within the Corner Brook business ecosystem.

    The Corner Brook Stream Development Corporation is a not-for-profit organization. In the early 1990s, a group of likeminded individuals from a variety of backgrounds decided to explore the possibility of creating a series of walking trails throughout the city. The Corner Brook Stream Development Corporation was established as a volunteer organization to further refine and implement this strategy.  

    The West Coast Cycling Association is receiving a non-repayable contribution totalling  $217,792 (ACOA: $162,567, Province: $55,225) through the Innovative Communities Fund (ICF) to build a 5.8-km long, multi-use trail in the Rocky Harbour municipal planning area. The trail will be designed for intermediate-level cyclists, including those using e-bikes, while also offering high-value opportunities for hikers, trail runners, and snowshoers. Key activities for the project include contracting, marking and clearing the route, trail building, and installation of signage. Given that the Gros Morne region does not currently have any trails suitable for cycling, this project will address this gap thus providing economic development capacity through a new marketable attraction.

    West Coast Cycling Association is an incorporated not-for-profit organization that has been developing mountain bike trails and hosting cycling events on the West Coast of Newfoundland since 2010. The organization strives to bring people together through the shared passion for mountain biking, by building a legacy of inclusive, sustainable trails, and by promoting a healthy and active lifestyle that embraces the outstanding terrain and natural beauty of western Newfoundland. Its plan focuses on building world-class, community-based mountain bike trail networks that highlight the region’s vibrant towns and inspire new and experiences riders to enjoy the region.

    Cabox Geopark is receiving a non-repayable contribution totalling $110,000 (ACOA: $77,550, Province: $32,450) through the Innovative Communities Fund (ICF) to construct a four-kilometre trail at the east end of the Blow Me Down Mountains above Benoit’s Cove. This initiative will include clearing and grading the trail path and graveling for accessibility, installation of directional signage, rest areas, picnic spots and educational features. The trail will allow tourists a convenient experience of the spectacular views and geological history of the Bay of Islands and surrounding mountains.

    Cabox Geopark Inc., incorporated in 2018, is a non-profit organization led by a dedicated volunteer board of directors who represent municipalities, businesses, and the Outer Bay of Islands Enhancement Committee. Cabox Aspiring Global Geopark is in the Bay of Islands region of Western Newfoundland and has been working its way towards UNESCO global geopark status. Its mandate is to develop a world-class tourism product, promoting the region’s natural and cultural heritage while increasing local knowledge, innovative technology and rural economic development. Cabox is the name of the highest peak on the island of Newfoundland.

    Western NL DMO is receiving a non-repayable contribution totalling $91,300 (ACOA: $76,300, Province $15,000) through the Regional Economic Growth through Innovation (REGI) program to develop and promote the winter tourism anchor experiences in the western region of Newfoundland and Labrador. New experiences will also be encouraged and integrated with existing products. By bringing skiing, snowmobiling and other outdoor experiences together with cultural and culinary experiences, innovation and inclusion within the ecosystem, the local tourism sector will see a significant boost.

    Western NL DMO, also known as Go Western, is an incorporated not-for-profit organization and is the key marketing, market readiness and product development organization in western Newfoundland and Labrador. As the Destination Management Organization for the western region, the organization had excellent relationships with business operators, not-for-profit experience providers and municipalities. Western NL DMO was integral to the development of a Winter Stakeholder Committee consisting of representatives from all sub-sectors of the winter tourism sector.

    The Mi’kmaw Cultural Foundation is receiving a non-repayable contribution totalling $60,689 (ACOA: $55,689, Province: $5,000) through the Tourism Growth Program (TGP) to support its 2024 Elmastukwek Mawio’mi in Corner Brook. The Mawio’mi, in its third year, consists of two full days of teachings, celebrations, activities, art displays and ceremonies as part of an Indigenous cultural and heritage experience. The Mi’kmaq name for the Bay of Islands is “Elmastukwek” and “Mawio’mi” refers to a gathering of people. The event provides a platform to allow for intergeneration cultural sharing, while also showcasing and sharing Mi’kmaw culture to the community at large.

    The Mi’kmaw Cultural Foundation is a not-for-profit organization. The foundation was incorporated in 2014 and exists to preserve and promote the culture and heritage of the Mi’kmaq of Newfoundland and Labrador. Like other First Nations, the Mi’kmaq have a long and rich history that includes unique cultural, social, political and spiritual traditions. The foundation is making every effort to reach out to individuals with limited knowledge of their heritage and provide them with information and experiences that will assist them in the discovery process. They also seek to unite the people who have the experience and knowledge of Mi’kmaw traditions.

    CB Nuit Incorporated is receiving a non-repayable contribution totalling $44,414 (ACOA: $32,077, Province: $12,337) through the Tourism Growth Program (TGP) to increase the accessibility capacity and inclusivity for the three-day art at night festival in Corner Brook. Activities will include engaging an accessibility expert to understand how to support guests in terms of mobility needs, sensory sensitivities, as well as vision and hearing impairment. The project will involve implementing points of contact for digital and in person artist sites, creation of a low sensory guided walk, and a low sensory space.

    CB Nuit was established in 2017 and aims to engage artists in the creation and installation of site specific and participatory contemporary work. By bringing art of all mediums to streets, businesses, and vacant spaces, CB Nuit has the goal to invigorate, beautify, inspire, and economically stimulate the community. Its long-term goal is to become an international destination for artists participating in the festival as well attracting an international audience.

    Related products

    News release:  Supporting culture and tourism growth in western Newfoundland

    CB Nuit Inc.

    MIL OSI Canada News

  • MIL-OSI Canada: Minister Marci Ien to Announce 2023 and 2024 Recipients of the Governor General’s Awards in Commemoration of the Persons Case

    Source: Government of Canada News

    The Honourable Marci Ien, Minister for Women and Gender Equality and Youth, will announce the recipients of the Governor General’s Awards in Commemoration of the Persons Case.

    October 16, 2024 – Calgary, Alberta— The Honourable Marci Ien, Minister for Women and Gender Equality and Youth, will announce the recipients of the Governor General’s Awards in Commemoration of the Persons Case.

    Date:                 October 18, 2024

    Time:                9:30am – 11:00 am AM ET

    Location:        Crystal Ballroom, Fairmont Palliser Hotel
                              133 9 Ave SW, Calgary, AB, T2P 2M3
                         

    Members of the media who wish to attend this event in-person or virtually must register by 8:30 AM ET on October 18, 2024, by emailing FEGC.Media.WAGE@fegc-wage.gc.ca.

    Angie Rutera
    Communications Assistant
    Office of the Minister for Women and Gender Equality and Youth
    Angie.Rutera@fegc-wage.gc.ca

    MIL OSI Canada News

  • MIL-OSI Security: Former Louisiana Sheriff’s Deputy Sentenced for Civil Rights Violation for Using Excessive Force Against Detainee

    Source: United States Attorneys General

    A former Louisiana sheriff’s office deputy was sentenced yesterday to 37 months in prison for assaulting a pretrial detainee.

    Javarrea Pouncy, 31, a former sergeant with the DeSoto Parish Sheriff’s Office (DPSO), previously pleaded guilty to one count of using excessive force against the detainee. During his plea, Pouncy admitted that, in September 2019, he and another DPSO deputy conducted a strip search of a detainee in the DeSoto Parish jail, as part of the detainee’s booking. Pouncy admitted further that, during the search, the deputies repeatedly punched the detainee in his head, face and body, even though the detainee did not pose a threat to either officer. As a result of the assault, the detainee was hospitalized and sustained a broken eye socket and broken nose, among other injuries.

    “The defendant pledged to protect and serve his community, but instead, he repeatedly punched a detainee without justification, leaving him bloodied and broken,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “People in detention have the right to be treated humanely and not to be brutalized by excessive force. This sentence sends a clear message that we will not tolerate such abuses behind bars. The Justice Department will hold accountable officials who violate detainees’ civil rights.”

    “Pouncy took advantage of his position, the power that it yields and the prestige of the badge in committing this criminal act,” said U.S. Attorney Brandon B. Brown for the Western District of Louisiana. “Decency and order can co-exist with the preservation of an offender’s civil rights. Prosecutions such as these are critical to ensure that the good work of law enforcement officers is not hampered by the heinous acts of bad law enforcement officers.”

    “Yesterday, Pouncy faced the consequences of his unnecessary and violent actions toward someone he was supposed to protect,” said Assistant Director Chad Yarbrough of the FBI Criminal Investigative Division. “It’s a sad day when we have to investigate someone who took an oath to uphold the law. His actions undermine the integrity of the criminal justice system, and I want the public to know we will not tolerate it. The FBI is committed to investigating criminal misconduct, no matter who the subject is or what position they hold in their community.”

    The other deputy involved in the assault, DeMarkes Grant, previously pleaded guilty to one count of obstructing justice in connection with the assault. He was sentenced to 10 months in prison.

    The FBI New Orleans Field Office investigated the case.

    Assistant U.S. Attorney Seth Reeg for the Western District of Louisiana and Trial Attorney Erin Monju of the Civil Rights Division’s Criminal Section prosecuted the case.

    MIL Security OSI

  • MIL-OSI United Kingdom: UK pushes for Middle East stability on ministerial visit to Egypt

    Source: United Kingdom – Executive Government & Departments

    Minister for the Middle East Hamish Falconer visits Egypt to push for regional stability.

    • The UK announces £1 million of assistance to Egyptian health authority to support medically evacuated Palestinians from Gaza.
    • New UK-Egypt Memorandum of Understanding on food security signed, signalling the UK’s support for Egypt’s leading role in food production in the region.
    • Minister calls for urgent de-escalation and a ceasefire in Gaza and Lebanon in his first visit to the Middle East, with visit to Al Arish border crossing.

    Providing humanitarian support for civilians affected by the current conflict was the focus of the Minister for the Middle East’s, Hamish Falconer, first official visit to the region this week.

    Announcing a new package of support to assist civilians medically evacuated from Gaza to Egypt, the Minister pledged £1 million of UK assistance to the Egyptian Ministry of Health that will support medically evacuated civilians from Gaza who are receiving care in Egypt.

    Delivered through the World Health Organisation (WHO) in Egypt, the funding will provide vital medical supplies and medications, including chemotherapy and rehabilitative equipment, to those in need. It will also strengthen capacity to care for patients from Gaza with chronic diseases.

    Minister for the Middle East Hamish Falconer said:

    “As a key regional partner, Egypt plays a central role alongside the UK in working for stability and security across the Middle East and driving forward de-escalation efforts in both Gaza and Lebanon.  

    “The worsening humanitarian situation in Gaza continues to bring devastation to many lives, with many requiring life-saving support over the border in Egypt. That’s why, alongside our Egyptian partners, we are funding life-saving treatments and support for medically evacuated civilians from Gaza. 

    “At Al Arish, I saw that many tonnes of lifesaving aid continue to be denied entry into Gaza by Israel. As winter approaches, Israel can and must do more to ensure aid flows freely into Gaza and to facilitate the UN and humanitarian agencies to carry out their work safely.

    “I signed a new UK-Egypt Memorandum of Understanding on sustainable food security, launching a new partnership between our two countries to tackle a critical global challenge.”

    The announcement came during the Minister’s visit to Al-Arish, where he met with the North Sinai Governor to discuss aid flows into Gaza. Here, the Minister visited the Egyptian Red Crescent’s warehouse and Al-Arish General Hospital to see how UK funding to WHO Egypt will be used.

    The Minister also met with Egypt’s Foreign Minister, Badr Abdelatty where he thanked Egypt for its ongoing role in getting aid into Gaza and agreed the need to continue working together for an immediate ceasefire in Gaza and Lebanon. Minister Falconer also raised the consular case of Alaa Abd El-Fattah and called for quick progress on his release.

    As Egypt is a regional leader in ensuring sustainable food security for the Middle East and Africa, the Minister also agreed a landmark UK-Egypt Memorandum of Understanding on Food Security with Rania Al Mashat, Minister of International Cooperation and Alaa Farouk, Minister of Agriculture. The agreement includes technical assistance to advance sustainable agribusiness practice and increase crop yield in Egypt.

    Speaking on today’s funding announcement, World Health Organisation Representative to Egypt Dr Nima Abid said:

    “WHO values its long-standing partnership with the British government, and we are deeply grateful for this generous contribution from the Foreign, Commonwealth and Development Office.

    “This support will enable WHO, in collaboration with the Ministry of Health and Population, to deliver critical supplies to Egyptian hospitals and equip healthcare workers to meet the urgent needs of medical evacuees from Gaza. I would also like to express my appreciation for the government of Egypt for its vital role in treating patients from Gaza and in facilitating their safe evacuation to other countries as well.”

    The UK continues to play a leading role in alleviating the suffering in Gaza and continues to provide significant funding to partners to support those most in need. The UK has already provided 78,000 shelter items, 76,000 wound care kits, and 1.3 million items of medicine.

    The UK trebled its aid commitment to the OPTs in the last financial year and this Government will maintain significant funding this financial year to support trusted aid
     agencies on the ground.

    The UK continues to call for an immediate ceasefire on all fronts and continues to push for urgent aid to enter Gaza and reach those most in need.

    Background

    • The FCDO currently advises against all but essential travel to the Egyptian desert west and south of the oases of Fayoum, Bahariya, Farafra, Dakhla and Kharga, except for:
    • The coastal areas between the Nile Delta and Marsa Matruh
    • The Marsa Matruh-Siwa road
    • The oasis town of Siwa
    • For further information on Egypt travel advice, visit https://www.gov.uk/foreign-travel-advice/egypt

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Europe: Nordic-Baltic foreign ministers visit Ukraine

    Source: Government of Sweden

    Nordic-Baltic foreign ministers visit Ukraine – Government.se

    Please enable javascript in your browser

    Press release from Ministry for Foreign Affairs

    Published

    On 16 October 2024, the Nordic-Baltic countries’ foreign ministers visited Odesa, Ukraine. The visit took place against the backdrop of intensified Russian attacks against Ukraine resulting in further loss of lives, injuries and widespread destruction. The needs are immense, especially within the energy sector, as Ukraine prepares for its third winter since Russia’s full-scale invasion. The Nordic-Baltic countries are united in their unwavering commitment to supporting Ukraine. During the visit, a substantial Nordic-Baltic winter package was announced in response to Ukraine’s most pressing needs, including energy, social infrastructure and humanitarian support. The support aims to alleviate the suffering caused by Russia’s attacks by contributing to basic needs such as heating and clean water during the cold winter months.

    “Our visit to Odesa today is a manifestation of the Nordic-Baltic countries’ unwavering commitment to Ukraine’s sovereignty and territorial integrity. Ukraine’s heroic fight against Russia’s aggression is not only about defending Ukraine’s freedom, but all of our freedom,” said Sweden’s Minister for Foreign Affairs and Coordinator of the NB8 Maria Malmer Stenergard, on behalf of the Nordic-Baltic delegation. 

    The delegation was received in Odesa by Ukraine’s Minister for Foreign Affairs Andrii Sybiha to discuss the current situation, pressing needs, Ukraine’s efforts for a just and lasting peace as well as Ukraine’s EU accession progress, including related reform progress. The visit also included a visit to a military hospital, where the delegation met with soldiers wounded in the defence of their country, as well as a meeting with governor Oleh Kiper, where the ministers were briefed on the current situation in the region. 

    The Nordic-Baltic countries have committed significant resources in support to Ukraine and this support will continue. During the visit, a substantial Nordic-Baltic winter package was delivered in response to Ukraine’s most pressing needs ahead of the coming winter, including energy, social resilience and humanitarian support. Together, the Nordic-Baltic countries will contribute turbines, generators, solar panels, transformers and heating as well as financial support to the energy sector and to the reconstruction of critical social infrastructure. This support, and the already earmarked support for next year, will strengthen Ukraine’s ability to provide electricity, heating, clean water, health care, education, and other critical social and civilian infrastructure.

    NB8 and the support to Ukraine

    In 2024, Sweden is serving as Coordinator of the informal foreign and security cooperation format of the Nordic and Baltic countries (NB8). Joint efforts to strengthen both immediate and long-term military and civilian support to help Ukraine prevail is central to the Nordic-Baltic cooperation format. The Nordic-Baltic foreign ministers last visited Odesa, Ukraine in April 2023, when Latvia was Coordinator of the NB8.

    The NB8 delegation to Ukraine consisted of chair of the NB8 format, Sweden’s Minister for Foreign Affairs Maria Malmer Stenergard, Denmark’s Minister for Foreign Affairs Lars Løkke Rasmussen, Estonia’s Minister of Foreign Affairs Margus Tsahkna, Finland’s Political Secretary of State Pasi Rajala, Iceland’s Permanent Secretary of State Martin Eyjólfsson, Latvia’s Minister for Foreign Affairs Baiba Braže, Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis and Norway’s Minister of Foreign Affairs Espen Barth Eide.

    Press contact

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Assisted dying bill debate: advice to doctors

    Source: United Kingdom – Executive Government & Departments

    The UK chief medical officers and NHS England National Medical Director have given advice to help doctors wanting to take part in the assisted dying debate.

    Documents

    Details

    This document sets out advice to doctors from the UK chief medical officers (CMOs), deputy CMOs and NHS England National Medical Director.

    Updates to this page

    Published 16 October 2024

    Sign up for emails or print this page

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Flight PS752: International Coordination and Response Group memorial statement

    Source: United Kingdom – Executive Government & Departments

    The International Coordination and Response Group have filed a memorial with the International Court of Justice instituting the next phase in proceedings against Iran.

    Statement from the International Coordination and Response Group on filing memorial of Flight PS752:

    “Today the United Kingdom, Canada, Sweden and Ukraine have jointly filed a memorial with the International Court of Justice, instituting the next phase of proceedings against Iran in relation to its breaches of the 1971 Convention for the Suppression of Unlawful Acts against the Safety of Civil Aviation.

    “Iran has, among other violations, failed to take all practicable measures to prevent the destruction of Flight PS752 by members of its armed forces. Iran has equally failed to advance a full, transparent and impartial investigation and prosecution in accordance with international standards.

    “Today’s legal action underscores our commitment to achieving transparency, justice and accountability for the victims and their families.”

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Green Party Councillor welcomes the first step at Westminster to introduce Assisted Dying in England & Wales

    Source: The Green Party in Northern Ireland

    Green Party Councillor welcomes the first step at Westminster to introduce Assisted Dying in England & Wales
    Cllr Barry McKee said “I firmly believe that we need to change the law to bring Assisted Dying to these islands and I welcome the Choice at the End of Life Bill receiving its first reading at Parliament.”
    “No matter how much people suffer or how certain the terminal nature of their illness, nobody in the UK or Ireland currently has the option for a safe, compassionate and medically-assisted death on their own terms.”
    “We leave dying people to take matters into their own hands, with hundreds with a terminal illness estimated to take their own lives every year.”
    “We allow some who are of means the option to go to Switzerland, to die alone, due to the fear that anyone accompanying them might be prosecuted on their return.And we leave others – whether because they can’t afford to go or aren’t able to– to face unbearable suffering.”
    “But we can’t keep running away from this issue, leaving dying people and their loved ones to fend for themselves.”
    “I hope that MPs from Northern Ireland will be able to support a change to the law. They have a chance to input on ensuring that strict criteria and safeguards to prevent abuse or coercion are contained in any new law introduced.”
    Cllr McKee concluded “With bills passing through parliaments in Holyrood, Westminster and the Oireachtas the pressure will be on the Stormont Executive to ensure that residents in Northern Ireland aren’t the only ones left without autonomy and dignity in death.”

    MIL OSI United Kingdom

  • MIL-OSI Economics: Huawei Launches Fully-Upgraded Xinghe Intelligent Network Offerings for Markets Outside China to Accelerate Industrial Digitalization and Intelligence Oct 16, 2024

    Source: Huawei

    Headline: Huawei Launches Fully-Upgraded Xinghe Intelligent Network Offerings for Markets Outside China to Accelerate Industrial Digitalization and Intelligence
    Oct 16, 2024

    [Dubai, UAE, October 16, 2024] During GITEX GLOBAL 2024, Huawei announced its fully-upgraded Xinghe Intelligent Network Solution and more than 20 all-new AI network products for markets outside China at the IP Club Carnival themed “Xinghe Intelligent Network, Accelerate Industrial Digitalization and Intelligence”. These purpose-built offerings help enterprise customers of all sizes to accelerate their digital and intelligent transformation.
    In the opening address, Leon Wang, President of Huawei Data Communication Product Line, Huawei, said, “Nowadays, AI is becoming a key driver of digital economic growth, bringing huge opportunities for new value creation. The global digital and intelligent wave drives networks to further innovate and take on four unique features, namely, providing ubiquitous connections, unleashing computing power potential, transmitting massive data efficiently and securely, and assuring application experience. Let’s explore how to accelerate innovation and work together to advance intelligence.”
    Leon Wang, President of Data Communication Product Line, Huawei, delivering a speech

    Yury Yin, Vice President of Data Communication Product Line, Huawei, said, “All industries ramp up intelligent transformation, driving network evolution towards the AI ecosystem. As such, Huawei Xinghe Intelligent Network focuses on intelligent innovation and lays a next-generation foundation featuring optimal application experience assurance, automatic precise traffic scheduling, ultra-high resilience and stability, and high-security ubiquitous protection. All of these help enterprises worldwide to seize new development opportunities and amplify industrial intelligence.”
    Yury Yin, Vice President of Data Communication Product Line, Huawei, giving a speech

    Leon Wang, President of Data Communication Product Line, Huawei; Vincent Liu, President of Global Enterprise Network Marketing & Solution Sales Department, Huawei, Charles Shen, Vice President of Middle East & Central Asia ICT Marketing & Solution Sales Department, Huawei, and Naveed Tahir, CTO of Pakistan Higher Education Commission, then jointly launched Huawei’s fully-graded Xinghe Intelligent Network Solution and all-new products.
    Featured offerings include:
    Xinghe Intelligent Campus: Huawei’s full range of Wi-Fi 7 APs enable no rate limiting for terminals and full wireless coverage without blind spots on the campus network. Furthermore, AI-enabled, experience-centric campus network construction ensures zero freezing for audio and video applications and zero degradation on services.
    Xinghe Intelligent Fabric: The network digital map enables converged management of network and security devices and accelerates service rollout on the current day. Moreover, AI algorithms are used to model the quality of application experience, proactively identify deteriorating application experience, and demarcate faults in minutes. Moreover, superfast switchovers at three levels (link, device, and network levels), unique in the industry, ensure ultra-reliable and ultra-stable network services.
    Xinghe Intelligent WAN: Intelligent technologies are introduced to accurately identify applications, intelligently schedule millions of flows, and precisely optimize experience. Beyond this, intelligent O&M agents draw on the massive historical experience database to proactively analyze and predict potential network risks and automatically rectify 90% faults in minutes.
    Xinghe Intelligent Network Security: AI is integrated into network security detection. Specifically, 18 small AI models are used to identify threats accurately and quickly, achieving as high as 91% accuracy in detecting unknown threats. Additionally, AI models are embedded into security devices to achieve AI inference in microseconds, ensuring robust security and ultimate experience.
    Industry-specific solutions: Huawei’s tailor-made solutions are ideal for diverse industries, such as public services, finance, energy, education, transportation, manufacturing, and healthcare, to meet their differentiated needs and stride towards the intelligent era.
    As all industries accelerate their digital and intelligent transformation, Huawei and the IEEE UAE Section jointly kicked off the “Imagine Wi-Fi 7” program. As announced at this IP Club Carnival, the “Imagine Wi-Fi 7” Program (Season 2) was successfully concluded. Prof. Hussain Al Ahmad, Chair of the IEEE UAE Section, Jason He, President of Huawei Global Enterprise Data Communication Marketing & Solution Sales Department, and Shawn Zhao, President of the Campus Network Domain at Huawei Data Communication Product Line, presented awards to outstanding winners.
    Another notable announcement was the “Discover Huawei SASE” Program for the Middle East and Central Asia Region. Moreover, industry pioneers from the security sector shared their first experience with Huawei Xinghe Intelligent SASE Solution. While experiencing real-world use cases, they also earned plenty of IP Club bonus points.
    Looking ahead, Huawei will continue to innovate and help customers build leading network infrastructure needed to accelerate their digital and intelligent journey. Doing so will help customers around the world stride into the digital–intelligence era and reap greater business value.

    MIL OSI Economics

  • MIL-OSI: Risk Strategies Appoints Jeff Clinkscales SVP, Private Client Services Leader for West Region

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has appointed Jeff Clinkscales as SVP, Private Client Services Leader for the West Region. In this role, he will oversee the region’s sales and service teams and manage key relationships with carrier partners and other third parties.

    As the Private Client Services Leader for the West Region, Clinkscales will spearhead the development of strategic growth initiatives and customer segmentation to support the region’s planned expansion. He will also facilitate the onboarding and integration of new acquisitions, account managers, and producers into the Risk Strategies Private Client team. Alongside his regional leadership duties, Jeff will personally advise family offices and high-net-worth individuals on managing their personal risks.

    “Jeff brings extensive experience in delivering sustained organic growth, building cohesive teams, fostering a dynamic sales culture, and developing talent,” said Tim deRosa, COO of Private Client Services, Risk Strategies. “We are excited to welcome him to the Risk Strategies Private Client team, where he will play a pivotal role in advancing our strategic vision as we continue to expand.”

    With over 25 years in the insurance industry, Clinkscales has amassed extensive expertise in private client services, family office risk management, claims management, and commercial property and casualty (P&C). Most recently, he served as Vice President of USI’s Personal Risk practice. There, Clinkscales specialized in technical placements, managed inter-division relationships, and demonstrated strong leadership in mentoring and team management.

    “Jeff Clinkscales’ appointment as SVP, Private Client Services Leader for the West Region is a pivotal step in advancing our strategic growth and expansion plans,” said Pat Roth, West Region Leader, Risk Strategies. “His expertise in team building and collaborative leadership, coupled with his extensive industry experience, will be crucial in strengthening our market leadership and driving continued success across the West Region.”

    “I am thrilled to join Risk Strategies as the Private Client Services Leader for the West Region,” shared Clinkscales. “I am eager to leverage my experience to drive growth, build resilient teams, and strengthen client relationships. I look forward to contributing to Risk Strategies strategic vision and supporting the expansion of our services across the West Region.”

    A resident of Portland, Oregon, Clinkscales enjoys fishing, supporting his community, and spending time with his family and dogs. He is also an Accredited Advisor in Insurance (AAI).

    To learn more about Risk Strategies, please visit riskstrategies.com.

    About Risk Strategies

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

    For all media inquiries:

    Brittany Gould
    Senior Account Executive
    978.518.4506
    Rsc@matternow.com

    The MIL Network

  • MIL-OSI: Discovery 2024 Short Duration LP Second Closing November 14, 2024 – Maximum $25,000,000

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — Middlefield is pleased to announce the closing of its 70th resource fund, Discovery 2024 Short Duration LP (the “Partnership”), which raised total proceeds of $15.2 million.

    The objectives of the Partnership are to provide investors with capital appreciation and significant tax benefits to enhance after-tax returns to limited partners, including the deductibility of 100% of their original investment. The Partnership intends to achieve these objectives by investing in an actively managed, diversified portfolio comprised primarily of equity securities of Canadian gold mining companies.

    Middlefield is a leading provider of flow-through share funds in Canada and has a strong track record of delivering positive after-tax returns. Since 1983, Middlefield has sponsored 69 public and private flow-through funds and has acted as agent or manager for over $2.5 billion of resource investments.

    The syndicate of agents for the offering is being co-led by RBC Capital Markets and CIBC Capital Markets and includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Richardson Wealth Limited, Manulife Wealth Inc., iA Private Wealth Inc., Canaccord Genuity Corp., Raymond James Ltd., Ventum Financial Corp. and Wellington-Altus Private Wealth Inc.

    For further information, please visit our website at http://www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

    This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from your CIRO registered financial advisor using the contact information for such advisor. Investors should read the prospectus before making an investment decision

    The MIL Network

  • MIL-OSI: Coop Pank extends authorities of Paavo Truu as Member of the Management Board of Coop Pank AS

    Source: GlobeNewswire (MIL-OSI)

    On 16 October 2024, the Supervisory Board of Coop Pank AS decided to extend the term of office of Paavo Truu, Member of the Management Board of Coop Pank AS, for a new 3-year term, i.e. from the end of the current term until 14 February 2028.

    At the same time, Paavo Truu’s powers as a member of the supervisory board of Coop Pank AS subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS were extended.

    From February 2022, Paavo Truu is a member of the Management Board and the CFO at Coop Pank AS. In addition to sitting on the management board of Coop Pank, Paavo Truu is a member of the supervisory boards of the bank’s subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS.

    Paavo Truu (and his company) holds 52 248 shares in Coop Pank AS and had been issued with the option of a further 22 700 shares with a realization date of 2025, an option for 41 900 shares which mature in 2026 and an option for 86 200 which mature in 2027.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking has reached 200,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti comprising 320 stores.

    Additional information:
    Katre Tatrik
    Communication Manager
    Tel: +372 5151 859
    E-mail: katre.tatrik@cooppank.ee

    The MIL Network

  • MIL-OSI: Infortar received an approval from the Competition Authority to acquire a shareholding in Tallinna Raamatutrükikoja Osaühing

    Source: GlobeNewswire (MIL-OSI)

    On September 16, 2024, Aktsiaselts Infortar issued a stock exchange announcement, disclosing the signing of purchase agreement with ViroInvestment OÜ. According to the agreement, Aktsiaselts Infortar, will acquire a 100% shareholding in Tallinna Raamatutrükikoja Osaühing.

    The Competition Authority has granted a merger permit to complete the transaction and today, after fulfilling additional operations and preconditions, Aktsiaselts Infortar acquired a 100% shareholding in Tallinna Raamatutrükikoja Osaühing.

    The transaction is not considered as a transaction beyond everyday economic activities or a transaction of a significant importance, nor it is regarded as a transaction with related persons, under the “Requirements for Issuers” section of the NASDAQ Tallinn Stock Exchange rules. The transaction does not have a significant impact on Aktsiaselts Infortar’s activities. The members of the Supervisory Board and the Management Board of Aktsiaselts Infortar have no personal interest in the transaction in any other way.

    Aktsiaselts Infortar operates in seven countries, the company’s main fields of activity are energy, maritime transport, and real estate. Aktsiaselts Infortar owns a 68.47% stake in Aktsiaselts Tallink Grupp, a 100% stake in AS Eesti Gaas and a versatile and modern real estate portfolio of approx. 113,000 m2. In addition to the three main areas of activity, Aktsiaselts Infortar also operates in construction and mineral resources, agriculture, printing, taxi business and other areas. A total of 104 companies belong to the Aktsiaselts Infortar group: 95 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Aktsiaselts Infortar employs 6,625.

    Additional information:

    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail: kadri.laanvee@infortar.ee
    http://www.infortar.ee/en/investor

    The MIL Network

  • MIL-OSI: CallRevu Expands TestTrack – Now Available to All Dealerships Nationwide, Featuring New Challenges for Service Teams

    Source: GlobeNewswire (MIL-OSI)

    BALTIMORE, Oct. 16, 2024 (GLOBE NEWSWIRE) — CallRevu, the industry leader in communication intelligence for automotive dealerships, has expanded availability of TestTrack, its AI-driven, customizable training platform. Following a successful launch last month, TestTrack is now available to dealerships everywhere, empowering more teams to elevate their performance with immersive, real-world practice.

    With this expansion, TestTrack introduces over a dozen new challenges, including a dedicated focus on Fixed Operations (Fixed Ops) to better equip service teams. These additions are specifically designed to help service departments improve operational efficiency and customer satisfaction in an increasingly competitive market.

    Unlock New Opportunities in Training
    TestTrack is not just a training tool – it’s a dynamic platform where dealership staff engage in realistic, two-way role-playing scenarios designed to mirror the challenges they face every day. From sales to service, TestTrack now offers tailored modules to address all facets of dealership operations.

    “Since our initial launch, the demand for TestTrack has been overwhelming,” said Ben Chodor, CEO of CallRevu. “By expanding our offerings and opening the platform to all dealerships, we are enabling more teams to benefit from the unique, AI-driven experience that accelerates learning, boosts efficiency, and improves the customer journey.”

    Comprehensive Solutions for Fixed Ops Teams
    The new Fixed Ops challenges introduce service departments to critical customer interactions, helping them master scheduling, upselling, and providing excellent service. The goal is to drive improvements in appointment show rates, service upsells, and customer retention—all while reducing training time and costs.

    TestTrack Benefits for Your Dealership

    • Faster Skill Development: Continuous real-time practice with adaptive AI feedback accelerates team growth.
    • Enhanced Service Department Performance: Fixed Ops modules ensure service teams excel in providing the highest level of customer service.
    • Scalable Training for All: Whether it’s new hires or seasoned professionals, TestTrack adapts to each team member’s pace and needs.

    TestTrack is available now for all dealerships, offering unparalleled support in enhancing employee performance and customer satisfaction.

    About CallRevu
    Originating from within a dealership, we offer a unified solution designed specifically for the automotive industry. Our capabilities start from the origin with a comprehensive hosted phone system, call monitoring, performance training, and reputation management, all driven by real-time data and analytics to provide actionable, scalable insights.

    By transforming each interaction into valuable analytics and actionable insights, we empower our partners to make informed decisions, streamline operations, accelerate revenue growth, and cultivate customer excellence.

    Media Contact:
    corp.comms@callrevu.com

    For more information visit http://www.callrevu.com.

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b3101cd-da39-467c-99f8-ffd4fa00191a

    The MIL Network

  • MIL-OSI: HUMBL Issued U.S. Patent for System and Method for Transferring Currency Using Blockchain

    Source: GlobeNewswire (MIL-OSI)

    San Diego, CA, Oct. 16, 2024 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC: HMBL) is pleased to announce the issuance of U.S. Patent No. 12,118,613 by the United States Patent and Trademark Office (USPTO) for the “System and Method for Transferring Currency Using Blockchain.” This patent was formally issued by the USPTO on October 15, 2024.

    As more traditional assets and currencies become tokenized on blockchain, the potential industry applications for this patent include, but are not limited to: digital wallets, digital asset exchanges, traditional stock exchanges, traditional banks, financial services and brokerages, global remittance and payment providers, transfer agents, foreign exchange, credit card services, government services and more.

    The patent abstract is as follows: A financial services system that utilizes a user device and a blockchain with a blockchain ledger. The system includes a host database with a non-transitory computer-readable medium and a host controller that executes the code. The host controller enables communication between a first digital wallet on the user device and either a local currency account or a digital currency account to initiate a deposit. This deposit is assigned a transaction ID, which is recorded on the blockchain ledger and includes a deposit currency value. The method for transferring currency involves enabling communication between the first digital wallet and either a local currency account or a digital currency account with a host controller of the host database, assigning a transaction ID to the deposit, and recording the transaction ID that includes a deposit currency value on the blockchain ledger.

    “While these have been some long years spent getting this patent issued, we are appreciative of the USPTO in terms of their thorough and transparent review, which we believe resulted in a comprehensive and fair outcome,” said Brian Foote, CEO of HUMBL. “Staying in the U.S. to do our work in blockchain has, admittedly, been a very challenging process. However, we believe strongly in the thoughtful advancement of this technology in our country; as well as the improved access, costs, speeds, security and visibility that our blockchain currency transfer system can bring to consumers, corporations, capital markets and governments at scale.”

    A provisional patent application was first filed on January 7, 2020, and the earliest publication date was July 8, 2021. The lead author of the patent is HUMBL CEO, Brian McLaren Foote, with co-author contributions from Adam Wolfe and Jeff Hinshaw. To read in more detail about the patent, please visit: Bibliographic Data – Application – Patent Center – USPTO.

    About HUMBL

    HUMBL is a consumer technology company focused on delivering innovative solutions across its fully-verified user profiles, digital wallet and web platform. Our mission is to build, simplify and enhance the digital experience for our customers worldwide with verified communications and transactions.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein are forward-looking statements. These forward-looking statements are identified by the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict,” “potential,” “continue,” “may,” “will,” “could,” and similar expressions. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed in such statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the ability to achieve anticipated benefits of the patent, as well as competition, and general market conditions. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

    Contact Information

    PR@HUMBL.com

    The MIL Network

  • MIL-OSI: Wrap Technologies, Inc. Regains Nasdaq Listing Requirements Compliance

    Source: GlobeNewswire (MIL-OSI)

    TEMPE, Ariz., Oct. 16, 2024 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (the “Company”), a global leader in innovative public safety solutions, announced today that it received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic reporting. Nasdaq has advised the Company that the matter is now closed.

    Details of the restructuring, vision and new go-to market strategy are expected to be provided on the Company’s Third Quarter Earnings call.

    About Wrap 

    Wrap Technologies, Inc. (Nasdaq: WRAP) is a leading global provider of advanced public safety solutions, integrating ultramodern technology, cutting-edge tools, and comprehensive services to address the complex, modern day challenges facing public safety organizations around the world. Guided by a no-harm principle, Wrap is dedicated to developing groundbreaking solutions that empower public safety agencies to safeguard the communities they serve in a manner that fosters stronger relationships, driving safer outcomes, empowering public safety and communities to move forward together.

    Wrap’s BolaWrap® solution encompasses an innovative and patented hand-held remote restraint device, strategically engineered with Wrap’s no-harm guiding principle to proactively deter escalation by deploying a Kevlar® tether that safely restrains individuals from a distance. Combined with BolaWrap® training, certified by the esteemed International Association of Directors of Law Enforcement Standards and Training (IADLEST), Wrap enables officers from over 1000 agencies across the US and 60 countries around the world, with the expertise to effectively use BolaWrap® as an early intervention measure, mitigating potential risks and injuries, averting tragic outcomes. With the goal to save lives with each wrap.

    Wrap Reality™, the Company’s advanced virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform equips first responders with the discipline and practice to prevent escalation, de-escalate conflicts, and apply appropriate tactical use-of-force measures to better perform in the field. By offering a growing range of real-life scenarios, Wrap Reality™ addresses the dynamic nature of modern law enforcement situations for positive public safety outcomes. Building safer communities one decision at a time.

    Wrap’s Intrensic solution is a comprehensive, secure and efficient body worn camera and evidence collection and management solution designed with innovative technology to quickly capture, safely handle, securely store, and seamlessly track evidence, all while maintaining full transparency throughout the process. With meticulous consolidation and professional management of evidence, confidence in law enforcement and the justice system soars, fostering trust and reliability in court outcomes. Intrensic’s efficient system streamlines the entire process seamlessly, empowering all public safety providers to focus on what matters. Expediting justice with integrity.

    Connect with Wrap:

    Wrap on Facebook
    Wrap on Twitter
    Wrap on LinkedIn

    Trademark Information
    Wrap, the Wrap logo, BolaWrap®, Wrap Reality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad.  All other trade names used herein are either trademarks or registered trademarks of the respective holders.

    Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successful implement training programs for the use of its products; the Company’s ability to manufacture and produce product for its customers; the Company’s ability to develop sales for its products; the acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solution; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend IP against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, quarterly report on Form 10-Q, and other SEC filings. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

    Wrap’s headquarters are in Tempe, Arizona.

    For more information, please visit wrap.com.

    Investor Relations Contact:

    800.583.2652
    ir@wrap.com

    The MIL Network

  • MIL-OSI: ACNB Corporation Announces Fourth Quarter Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    GETTYSBURG, Pa., Oct. 16, 2024 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.32 per share of ACNB Corporation common stock payable on December 13, 2024, to shareholders of record as of November 29, 2024. This per share amount reflects a 6.7% increase over the $0.30 per share paid in the fourth quarter of 2023. This dividend declaration will result in aggregate dividend payments of approximately $2.7 million to ACNB Corporation shareholders in the fourth quarter of 2024.

    ACNB Corporation, headquartered in Gettysburg, PA, is the independent $2.4 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 27 community banking offices and two loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster and Jarrettsville, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

    FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

    Contact: Kevin J. Hayes
      SVP/General Counsel,
      Secretary & Chief Governance Officer
      717.339.5161
      khayes@acnb.com

    The MIL Network

  • MIL-OSI: Vicor introduces new high-density automotive-grade power modules

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) — Vicor has released three automotive-grade power modules, delivering industry-leading power density and accelerating the adoption of 48V zonal architectures. The BCM6135, DCM3735 and PRM3735 support 48V power distribution in vehicles, with 800V-to-48V conversion, 48V regulation and 48V-to-12V regulation and conversion for legacy 12V subsystems.

    All three modules can be arrayed to scale up power levels, offering significant power system weight reduction.

    About Vicor
    Vicor is the leader in high-performance power modules, enabling customer innovation with easy-to-deploy modular power system solutions for power delivery networks that provide the highest density and efficiency from source to point-of-load. We continuously advance the density, efficiency and power delivery capabilities of our power modules by staying on the forefront of distribution architectures, conversion topologies and packaging technology. Vicor serves customers in high-performance computing, industrial equipment, automotive and aerospace and defense markets. With over 40 years of experience in designing, developing and manufacturing power modules for demanding markets, the Vicor patented, high-frequency DC-DC power conversion technology is ideally suited for the automotive market. http://www.vicorpower.com

    Vicor and BCM® are registered trademarks of Vicor Corporation.
    DCM™ and PRM™ are trademarks of Vicor Corporation.

    For further information:
    Vicor
    Steve Germino
    Vicor Corporation
    978 749-8243
    sgermino@vicr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/82551852-e6bc-4f04-a1d2-effb6b7059df

    The MIL Network