Category: KB

  • MIL-OSI Security: Defense News: Sailor Performs Lifesaving CPR on Freeway Accident Victim

    Source: United States Navy

    PORT HUENEME, Calif. — Information Systems Technician 2nd Class (IT2) Donovan Asberry, performed CPR on a crash victim on the I-5 freeway in Downey, potentially saving the man’s life. The incident occurred on August 19th 2024 when IT2 Asberry, driving home from work, noticed a car collide with the freeway median. After pulling over and observing the driver breathing abnormally, IT2 Asberry, alongside other concerned motorists, took immediate action to help.

    IT2 Asberry, who had a recent CPR certification, noticed the driver exhibiting unusual breathing patterns. “It was a deep breath followed by pauses. I hadn’t seen anything like it, not even in movies,” IT2 Asberry recalled. Acting quickly, he and another bystander worked together to break the car window, unlock the doors, and pull the driver to safety.

    Emergency responders arrived after 30 minutes of IT2 Asberry administering chest compressions. According to paramedics on the scene, the driver’s pulse was weak but present, and they credited IT2 Asberry’s quick thinking and persistence with helping keep the man alive.

    “I’m just glad I was there at the right time,” said IT2 Asberry , reflecting on the ordeal. “It’s a reminder of how important it is to be ready to help others when you can.”

    The crash occurred in Downey, impacting traffic on the busy freeway for hours as authorities cleared the scene. Witnesses described the incident as chaotic but were inspired by the efforts of civilians who intervened.

    IT2 Asberry’s actions are a testament to the value of CPR training, a skill that, as he learned, can make the difference between life and death.

    IT2 Asberry’s efforts serve as a powerful reminder of community responsibility and readiness, and highlighting how training can be crucial in emergency situations.

    MIL Security OSI

  • MIL-OSI Security: Defense News: USS Comstock returns to San Diego after Indo-Pacific deployment

    Source: United States Navy

    SAN DIEGO — The Whidbey Island-class dock landing ship USS Comstock (LSD 45) returned to homeport in San Diego, following a nearly four-month deployment to the U.S. 7th Fleet area of operations, Oct. 8.

    Along with its more than 400 Sailors, Comstock participated in multiple exercises and operations, displaying interoperability and the U.S. commitment to a free and open Indo-Pacific region.

    “The Sailors aboard Comstock performed their duty in an exemplary manner to support tasking in U.S. 7th Fleet,” said Cmdr. Byron Stocks, commanding officer of Comstock. “The mission execution afforded the opportunity to demonstrate joint force capability.”

    With a focus on joint operations, Comstock and its embarked units supported the America Amphibious Ready Group and the 31st Marine Expeditionary Unit (MEU) during advanced integrated training and MEU certification. Comstock also successfully integrated with motorized weapons company of 31st MEU and Combat Logistics Battalion 31.

    During the deployment, Comstock embarked two landing crafts utility from Naval Beach Group 7 to rehearse and demonstrate capability of the amphibious Navy’s shore connectors.

    Comstock also participated in Exercise Ssang Yong 24. During the decisive action phase of Ssang Yong, Republic of Korea and U.S. combined and joint forces conducted large-scale maneuvers from sea and air to showcase the overwhelming power of the alliance and its capability to carry out combined amphibious operations.

    Since 2012, the ROK and U.S. Navy and Marine Corps have regularly conducted Ssang Yong to enhance defensive posture on the Korean Peninsula while improving naval and amphibious capabilities.

    After Ssang Yong, Comstock transited home to San Diego following a nearly four-month deployment.

    When not at sea, Comstock Sailors had the opportunity to enjoy foreign cultures during port visits to Guam, Japan, and Republic of Korea.

    USS Comstock is homeported at Naval Base San Diego and assigned to Amphibious Squadron 1.

    An integral part of U.S. Pacific Fleet, U.S. 3rd Fleet leads naval forces in the Indo-Pacific and provides the realistic, relevant training necessary to flawlessly execute our Navy’s role across the full spectrum of military operations—from combat operations to humanitarian assistance and disaster relief. U.S. 3rd Fleet works together with our allies and partners to advance freedom of navigation, the rule of law, and other principles that underpin security for the Indo-Pacific region.

    For more information on Comstock, please visit https://www.surfpac.navy.mil/lsd45/

    MIL Security OSI

  • MIL-OSI Asia-Pac: Chinese Film Panorama 2024 opens tonight (with photo)

    Source: Hong Kong Government special administrative region

    Chinese Film Panorama 2024 opens tonight (with photo)
    Chinese Film Panorama 2024 opens tonight (with photo)
    *****************************************************

         The opening ceremony for the Chinese Film Panorama 2024 was held tonight (October 9) at Hong Kong City Hall, followed by a screening of the opening animated film “Into the Mortal World” (2024) directed by Zhong Ding.      The Acting Secretary for Culture, Sports and Tourism, Mr Raistlin Lau; the Film and Television Artistic Director of the Bauhinia Culture Group, Mr Deng Wugui; the Deputy Director-General of the Department of Publicity, Cultural and Sports Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, Mr Lin Nan; the Chairman of the Southern Film Culture Foundation, Mr Ding Kai; the Director of Leisure and Cultural Services, Mr Vincent Liu; the Chairman of the South China Film Industry Workers Union, Mr Cheung Hong-tat; and the executive producer of the opening film, Mr Huang Long, officiated at the opening ceremony.      The Panorama is presented by the Leisure and Cultural Services Department (LCSD) and the Southern Film Culture Foundation in association with Sil-Metropole Organisation Ltd, the China Film Foundation and the South China Film Industry Workers Union, and supported by the Bauhinia Culture Group. Ten distinctive feature-length animated films and two short film programmes produced on the Mainland will be shown at the Theatre of Hong Kong City Hall, the Cinema of the Hong Kong Film Archive, and lecture halls of the Hong Kong Science Museum and the Hong Kong Space Museum, the East Kowloon Cultural Centre (EKCC), Cine-Art House (Maritime Square) and the Rayson Huang Theatre of the University of Hong Kong from today to November 16.       The opening film, “Into the Mortal World”, is a reinterpretation of the mythology of “The Cowherd and the Weaver Girl”. The weaver girl’s son is reconnected with his long-lost sister when he is demoted to the mortal world and embarks on an adventure in the divine realm.      Other selected films include “Princess Iron Fan” (1941) (4K restored version), “The Monkey King: Uproar in Heaven” (First and Second Parts) (1961-1964), “Peacock Princess” (1963), “Nezha Conquers the Dragon King” (1979), “The Legend of Sealed Book” (1983) (4K restored version), “To the Bright Side” (2021), “Chang An” (2023), “The Storm” (2024) , and “Boonie Bears: Time Twist” (2024). Apart from animated feature films, two collections of animated short films will also be screened.      “Into the Mortal World” is in Cantonese while other films are in Putonghua. “Chang An” will be screened on October 14 at Rayson Huang Theatre of the University of Hong Kong and on November 16 at the EKCC for free. Cine-Art House (Maritime Square) will offer a free screening of “Peacock Princess” on October 12. The admission tickets for the screening at Rayson Huang Theatre of the University of Hong Kong have been available at The University of Hong Kong Staff Association located at 5/F, T T Tsui Building of the University of Hong Kong starting from September 30. The admission tickets for the free screenings at Cine-Art House (Maritime Square) and the EKCC are available at the respective screening locations from September 30 and November 1. Each person can obtain up to two tickets per screening on a first-come, first-served basis. Other film tickets priced at $70 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. For programme details, please call 2734 2900 (LCSD) or 2780 5355 (for screenings at Cine-Art House (Maritime Square) and the University of Hong Kong) or visit www.lcsd.gov.hk/fp/en/listing.html?id=66.      The Chinese Film Panorama 2024 is one of the activities in the Chinese Culture Promotion Series. The LCSD has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit www.lcsd.gov.hk/en/ccpo/index.html.

     
    Ends/Wednesday, October 9, 2024Issued at HKT 21:28

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: New trade in services pact signed

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government and the Ministry of Commerce today signed the Second Agreement Concerning Amendment to the Mainland & Hong Kong Closer Economic Partnership Arrangement (CEPA) Agreement on Trade in Services (Amendment Agreement II).

    Chief Executive John Lee witnessed the signing of the new agreement by Financial Secretary Paul Chan and Deputy China International Trade Representative of the Ministry of Commerce Li Yongjie this afternoon.

    Scheduled to be implemented on March 1, 2025, the Amendment Agreement II introduces new liberalisation measures across several service sectors where Hong Kong enjoys competitive advantages, such as financial services, construction and related engineering services, testing and certification, telecommunications, motion pictures, television and tourism services.

    The Trade & Industry Department explained that the liberalisation measures take various forms, including removing or relaxing restrictions on equity shareholding and business scope in the establishment of enterprises, relaxing qualification requirements for Hong Kong professionals providing services, and easing restrictions on Hong Kong’s exports of services to the Mainland market.

    Most of the measures apply to the whole Mainland, while some of them are designated for pilot implementation in the nine Pearl River Delta municipalities in the Guangdong-Hong Kong-Macao Greater Bay Area, it added.

    The Chief Executive thanked the central government for its care and support for the Hong Kong SAR, as well as the Ministry of Commerce and relevant authorities for actively working towards the Hong Kong SAR Government’s proposal of further opening up the Mainland market to Hong Kong in trade in services.

    “The Amendment Agreement II introduces new liberalisation measures across different service sectors where Hong Kong enjoys competitive advantages, making it easier for Hong Kong service suppliers to establish enterprises and develop business on the Mainland, enabling more Hong Kong professionals to obtain qualifications to practise on the Mainland, allowing more of Hong Kong’s quality services to be provided to the Mainland market, and contributing to and serving the country’s development,” he said.

    “The Hong Kong SAR Government will continue to encourage different sectors of the community to leverage the unique advantages of ‘one country, two systems’ and join hands with their counterparts on the Mainland to promote the competitiveness of the professional services sector, in order to inject new impetus to economic development and achieve high-quality development.”

    Speaking at a media session after the signing ceremony, the Financial Secretary pointed out that the further relaxation under CEPA will enable Hong Kong firms and professional sectors to get into the Mainland market a lot easier.

    “Depending on specific sectors, the progress will be different. But I am sure for the professional sectors, people are very keen to expand their foothold into the Mainland by using the Greater Bay Area as the starting point. So this will have a very positive impact on Hong Kong,” Mr Chan said.

    An example of the measures regarding construction and related engineering services is that Hong Kong general practice surveying enterprises will be allowed to provide professional services in Guangdong Province through filing of records.

    For tourism services, there will be measures to optimise the implementation of the 144-hour visa-exemption policy for foreign group tours entering Guangdong from Hong Kong.

    Mr Chan said the Government will be communicating with the different sectors and working with the different stakeholders to move as fast as possible, to materialise the various implementation details, so that the businesses and professionals in Hong Kong would find it useful and easier to expand into the Mainland.

    Furthermore, the department noted that the Amendment Agreement II brings institutional innovation and collaboration enhancement, including the addition of allowing Hong Kong-invested enterprises to adopt Hong Kong law and allowing Hong Kong-invested enterprises to choose for arbitration to be seated in Hong Kong.

    It also added commitments regarding domestic regulation to ensure the transparency, predictability and efficiency of regulations on trade in services.

    In addition, the new agreement removed the period requirement on Hong Kong service suppliers to engage in substantive business operations in Hong Kong for three years in most service sectors.

    This will allow Hong Kong startups to enjoy the preferential treatment under CEPA in a shorter time and attract enterprises and talent from around the world to establish a presence in Hong Kong and explore the Mainland market, the department noted.

    MIL OSI Asia Pacific News

  • MIL-OSI: StepStone Private Wealth Surpasses $5 Billion in AUM Milestone

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — StepStone Private Wealth (“SPW”) today announced it has surpassed $5 billion in global assets under management, making it one of the fastest growing private market asset managers serving financial professionals and their high net worth clients.

    Powered by StepStone Group, one of the largest global institutional allocators to the private markets, SPW was founded in 2019 to expand access to these assets for the private wealth market.

    “In 2019, the mission of our founding team was to design a platform where financial professionals could more easily access private markets, reducing the friction and burden of investing in these opportunities,” said Bob Long, CEO of StepStone Private Wealth. “Reaching $5 billion in AUM in five years demonstrates that advisors are eager to allocate client assets to portfolios curated by an organization as globally respected as StepStone – comprised of world-class expertise and top talent across investing, operations, data & analytics, legal, marketing and distribution. We expect that our team, with their focus on bringing convenience, transparency and efficiency to private markets investing for our clients and prospective clients, will be central to our success as we continue our global expansion.”

    SPW launched its first registered closed-end evergreen fund – the StepStone Private Markets Fund or SPRIM, ticker: XPMIX – in 2020, allowing accredited investors to gain exposure to private equity, real assets, and private debt through one convenient vehicle. SPRIM transitioned to daily admittance and daily valuation in 2023, among the first in the industry to introduce a daily NAV for a multi asset-class private markets fund. As of September 30, 2024 the fund now stands at $3.1 billion of AUM and has produced an annualized return of 23.08% since inception.

    The firm has since expanded its investment offerings to include venture capital and growth equity through the StepStone Private Venture and Growth Fund, or SPRING; infrastructure through the StepStone Private Infrastructure Fund or STRUCTURE, ticker: STRUX; and private credit through the StepStone Private Credit Income Fund or CRDEX, ticker: CRDEX. SPW offers offshore options for each of its funds for investors outside the US.

    “We are grateful for the support of our distribution partners across the registered investment advisor, independent broker dealer, wire house, and international channels,” said Neil Menard, Partner & President of Distribution at StepStone Private Wealth. “Through their collaboration, we have been able to reach tens of thousands of new investors who have been seeking private markets solutions like ours. We look forward to working in partnership with more firms and their advisors across the globe to advance their ability to provide clients with institutional-caliber allocations to private markets portfolios.”

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of June 30, 2024, StepStone was responsible for approximately $701 billion of total capital, including $170 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    IMPORTANT INFORMATION

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the SPRIM, SPRING, STRUCTURE, and CREDX prospectus, a copy of which may be obtained from StepStone Private Wealth at 704.215.4300 or by visiting stepstonepw.com. An investor should read the prospectus carefully before investing.

    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Performance shown is net of fees. For the most recent month end performance please call 704.215.4300 or visit stepstonepw.com.

    An investment in the Funds involve risks. The Funds should be considered speculative investments that entail substantial risks, and a prospective investor should invest in the Funds only if it can sustain a complete loss of its investment. Fund shares are illiquid and appropriate only as a long-term investment. There is no secondary market for the Funds’ Shares and the Funds expect that no secondary market will develop in the foreseeable future. Investments may consist of loans to small and/or less well-established privately held companies that have reduced access to the capital markets, resulting in diminished capital resources and the ability to withstand financial distress. While the Fund provides transparent disclosure of structure, strategy, holdings, and financial condition, the valuation of the Fund’s investments in Private Markets Investment Funds is ordinarily determined based upon valuations provided by the Investment Managers on a quarterly basis. A large percentage of these securities do not have a readily ascertainable market price and are fair valued by the Investment Manager subject to future adjustment or revision. Please see the prospectuses for details of these and other risks.

    The Funds are distributed by UMB Distribution Services, LLC which is not affiliated with StepStone Group.

    The MIL Network

  • MIL-OSI Canada: New rules to prevent contraband in correctional facilities come into force

    Source: Government of Canada News

    Today, the Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, announced the final regulatory amendments to the Corrections and Conditional Release Act that limits the use of dry cells and improves the search and seizure of contraband in federal correctional institutions.

    October 9, 2024 – Ottawa, Ontario

    Today, the Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, announced the final regulatory amendments to the Corrections and Conditional Release Act that limits the use of dry cells and improves the search and seizure of contraband in federal correctional institutions.

    The regulations provide direction on the use of body scanner searches in federal correctional institutions. Adding body scanner technology to the Correctional Service of Canada’s toolkit gives them a fast and efficient way to detect contraband that is located on, or inside, an offender’s body. These new regulations will be monitored, evaluated, and improved as needed.

    Dry cells are detention cells without conventional plumbing fixtures that allow for close monitoring of the offender while awaiting the expulsion of contraband. The new framework specifies when dry cells can be used, limits the duration of dry cell detention, and improves the monitoring of the physical and mental health of those detained. It also expands data collection on the use of dry cells to better inform decisions going forward.

    These regulations, including the cap on dry cell placement duration, are a direct response to recommendations from the Office of the Correctional Investigator. They have also been informed by the advocacy and policy proposals of the Canadian Civil Liberties Association, John Howard Society and the Elizabeth Fry Society, and a public consultation through the Canada Gazette, Part I held in May 2023.

    Gabriel Brunet
    Press Secretary
    Office of the Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs
    819-665-6527
    gabriel.brunet@iga-aig.gc.ca

    MIL OSI Canada News

  • MIL-OSI Canada: Matawa’s Animal Pilot Project: Fostering Safer Communities for both Animals and Humans

    Source: Government of Canada News

    Thunder Bay, Ontario — Please be advised that David Paul Achneepineskum , CEO of Matawa First Nations Management Company, and the Honourable Patty Hajdu, Minister of Indigenous Services, will highlight and celebrate the success of Matawa’s Animal Services Pilot Project. 

    Date: Friday, October 11, 2024
    Time: 9:00 a.m. (ET) 

    Where: North Star Air 
    Thunder Bay Airport
    405 John Paterson Drive 
    Thunder Bay, ON 
    P7E 6M8
    Google Maps Link
    (Parking available in the lot across the street)

    Jennifer Kozelj
    Press Secretary
    Office of the Honourable Patty Hajdu
    Minister of Indigenous Services and Minister responsible for FedNor  
    jennifer.kozelj@sac-isc.gc.ca 

    MIL OSI Canada News

  • MIL-OSI: Xage Security Awarded $1.5 Million Contract by United States Navy to Advance Zero Trust Initiatives

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Xage Security Government (Xage), a global leader in Zero Trust access and protection, today announced a $1.5 million Sequential Phase II Small Business Innovation Research (SBIR) contract with the United States Navy to prove out Xage’s Zero Trust Access and Protection and Federated Identity Management capabilities in support of multiple strategic initiatives.

    This initiative supports compliance with the U.S. Department of Defense Chief Information Officer (DOD CIO) Zero Trust Target Strategy to enhance the protection of data, systems, and services with a Zero Trust model/architecture by 2027. Additionally, Xage will be used in pursuit of the strategic goal shared by the U.S. Navy’s Program Executive Office Command, Control, Communications, Computers and Intelligence (PEO C4I), Tactical Shore & Expeditionary Integration program office (PMW 790) and Program Executive Office Digital and Enterprise Services (PEO Digital) to create an extraordinary future involving battle networks to support the warfighter. This will support the Naval Information Warfare Systems Command (NAVWAR) DevSecOps (DSO) Overmatch Software Armory (OSA) to deliver the Navy’s contribution to Combined Joint All Domain Command & Control (CJADC-2) and tactical edge cloud Battlenet Landing IT Zone Engineering Development Model (BLITZ EDM) Infrastructure as a Service (IaaS) tactical edge capability.

    Xage Meets Robust Navy Security Requirements
    The Xage Fabric Platform is a resilient, highly available cybersecurity mesh, that underpins three core capabilities––Zero Trust identity and access management (IAM), Privileged Access Management (PAM), and Zero Trust remote access (ZTRA)––to enable secure, least privilege access both for internal users and external coalition partners. Xage also provides Zero Trust data exchange capability to ensure the integrity and authenticity of data as it is shared internally and with coalition partners.

    Fulfilling the DOD’s Zero Trust Mandate
    The selection of Xage as a key technology solution provider is based on its robust Zero Trust capabilities in critical areas such as microsegmentation, data integrity and management, least privilege, and multi-factor authentication (MFA). These features are essential across all domains—whether IT, operational technology (OT), or cloud environments—ensuring comprehensive Zero Trust security at every layer.

    Unique Architecture to Support the Warfighter
    In addition to fulfilling DOD Zero Trust requirements, Xage was selected for its ability to fulfill unique requirements for Navy environments.

    The Xage Fabric Platform, deployed as a secure overlay with a distributed architecture and equips the Navy with the following three key capabilities, among others:

    • DDIL: Xage enables the Navy to provide Zero Trust Access and protection to any asset without requiring internet connection, while maintaining the operation of its identity and access functions even in denied, disrupted, intermittent, and limited impact (DDIL) environments. Access and privilege enforcement can still be enforced, even if a remote site or edge device loses connectivity to the central network.
    • Agentless: The Xage Fabric allows the Navy to deploy Zero Trust access and protection without requiring the installation of agents on any endpoints nor the replacement of any existing infrastructure, eliminating a significant management burden and attack vector. The approach enables the Navy to extend the lifespan of legacy mission-critical assets.
    • Data Exchange: The Xage Zero Trust data exchange enables the Navy to securely exchange data with joint coalition and allied partners by providing just enough access, just in time. When access is no longer needed, administrators can easily wipe the identity and access of these external users within seconds. All user activity is tracked, logged, and recorded by Xage and all activity is untraceable by an adversary.

    “Xage was built to cyber-harden the most challenging and mission critical environments and we proudly partner with entities like the USSF Space Systems Command to do so, which will now include an extension of our ‘Never Trust, Always Verify’ support to the Navy,” said Xage Security CEO, Geoffrey Mattson. “Legacy devices, DDIL environments, as well as allied and coalition data exchange are just some of the critical use cases that the Navy is responsible for keeping secure and has an unwavering commitment to defend. Xage is proud to be in service of this mission and national security.”

    About the Contract

    PMW 790 delivers resilient, adaptable, interoperable, and affordable shore and expeditionary C4I capability for the Navy, enabling all domain mission success. PEO Digital is the service office that helps the Navy and Marine Corps with accelerating innovation and security.

    The contract awarded to Xage is spearheaded by PMW 790 and PEO Digital, in collaboration with USSF Space Systems Command (SSC). Together, PMW 790 and PEO Digital are responsible for testing Xage’s Zero Trust capabilities against simulated sophisticated attacks. The PMW 790 Program Manager is requesting this special study to evaluate the approach to Zero Trust across multiple efforts within the Navy. The special study will establish the overarching applicability of Zero Trust concepts across multiple networks to support modern and legacy operational systems.

    It will also test Xage’s ability to establish an enterprise data analytics architecture to provide a subset of data collection goals as stated in the DOD Data Strategy across the Navy enterprise. Included in these concepts is the reduction of the potential attack surface associated with network complexity and controls used today to connect the operational unit networks to larger more accessible enterprise networks and systems. The objective is to demonstrate and test secure data access and exchange across complex network types between systems while ensuring data integrity and authenticity services to various applications where data is being consumed. Zero Trust for the Navy requires a cohesive strategy to reach effective adoption of Zero Trust principles across a diversity of missions within the Navy’s domain.

    PMW 790 is requesting BLITZ onboard Xage Security Government as a Zero Trust Identity software candidate. Xage’s software will also be added to the OSA, which is the Navy’s Tactical DSO ecosystem that supports accelerated application development.

    PMW 790 is looking to leverage the USAF Cloud One DSO accreditation of Xage that supports the DOD CIO Zero Trust and reciprocity directives supported by complementary Department of the Navy CIO and Assistant Secretary of the Navy for Research, Development and Acquisition (ASN RDA) directives for cloud, Zero Trust and starting with dollar one focusing on Identity.

    Other focus areas of Zero Trust principles are data integrity and management in support of Chief Digital and Artificial Office (CDAO) initiatives as well as leveraging microsegmentation edge cloud technology for Zero Trust governance.

    About Xage Security Gov
    Xage Security Gov, LLC is a wholly-owned affiliate of Xage Security, Inc., a global leader in Zero Trust access and protection on a mission to pioneer a secure tomorrow. Xage’s solutions and services accelerate and simplify the way organizations secure, manage, and transform digital operations across Operational Technology, IT, and the cloud. Xage products include zero trust access, privileged access management, zero trust data exchange, all powered by the Xage Fabric Platform. Learn why organizations like the U.S. Space Force, PETRONAS, and Kinder Morgan choose Xage at xage.com.

    Xage PR Contact
    press@xage.com

    The MIL Network

  • MIL-OSI: No. 12/2024 – CeMat A/S acquires right of perpetual usufruct to land plot in Bielany, Warsaw

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen                                                                                   
    Nikolaj Plads 6
    DK-1067 Copenhagen K   

    Copenhagen, 9 October 2024
    ANNOUNCEMENT no. 12/2024

    CeMat A/S acquires right of perpetual usufruct to land plot in Bielany, Warsaw

    CeMat A/S is pleased to announce that it has obtained a binding decision confirming its acquisition by law of the right of perpetual usufruct (RPU) to 75% of the shares in an undeveloped plot of land on Wólczyńska Street, in the Bielany district of Warsaw. The decision relates to a land plot covering a total area of 6,720 sqm, and grants the company the right of perpetual usufruct until 2089. This binding decision provides the legal basis for registering the RPU in the land and mortgage register.

    The acquired plot is currently being used by the company for internal roads, which are a key component of the street layout within the property complex, contributing both to the company’s current rental operations and future investment plans for CeMat in Warsaw’s Bielany district. The road provides access to a public road for all plots earmarked for future development within the Bielany complex. The Bielany complex covers a total area of 159,300 sqm.

    The final value of the acquired property will be determined following an independent valuation process.

    Obtaining legal title to the plot marks a significant milestone in fulfilling CeMat’s goals for 2024, as well as its long-term strategy. As part of the Group’s strategy, this acquisition represents the first step in the value creation chain, which includes securing legal title, receiving re-zoning decisions, obtaining building permits, and commencing the pre-sale and construction phases.

    The newly issued decision is an important factor that will facilitate the development process.  In addition to the zoning decision, the road connection is one of the elements required to obtain a building permit in the future. This additional road will improve the site’s utility connections and increase the overall attractiveness and value of the Bielany complex.

    Cemat A/S

    Frede Clausen
    Chairman

    This announcement has been prepared in a Danish-language and an English-language

    version. In case of doubt, the Danish version prevails.

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: Cash payments withdrawn from city council car parks Lancaster City Council is to temporarily remove cash payments from most of its car parks following a string of thefts and damage to its pay and display machines.

    Source: City of Lancaster

    Lancaster City Council is to temporarily remove cash payments from most of its car parks following a string of thefts and damage to its pay and display machines.

    One of the damaged pay and display machines

    Ten machines have been damaged in car parks across Lancaster and Morecambe since the end of August, with four of these coming in just the last week. On each occasion the cash boxes attached to the machines have been cut open and the coins removed.

    It’s estimated that the cost of replacing the machines, along with the theft of the coins inside the machines, brings the total loss to the taxpayer to around £40,000.

    To prevent any more machines being damaged while the police investigate the thefts, the council has taken the decision to remove the coin boxes from all of its machines except at St Nics in Lancaster, which is locked overnight.

    Customers are instead being asked to pay by card or via the RingGo system.

    Councillor Jean Parr, cabinet member with responsibility for planning and placemaking, said: “We know that this decision will be disappointing for those who like to pay by cash, but we have no other option while a gang of thieves is actively targeting our car parks. Each time a machine is damaged there’s a cost to replace it.

    “Hopefully the police will be able to catch the culprits and we will be able to resume normal service as soon as possible.

    “In the meantime, we’d ask people to be patient and if anyone has any information about who may be responsible, please contact the police.”

    Motorists are reminded that paying for parking at all the councils pay & display car parks is still required and card payments and RingGo is still available.

    Non-payment of parking fees may result in a penalty charge notice being issued.

    Last updated: 09 October 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: FEMA Is Contacting People Affected by Tropical Storm Debby and Hurricane Helene

    Source: US Federal Emergency Management Agency

    Headline: FEMA Is Contacting People Affected by Tropical Storm Debby and Hurricane Helene

    FEMA Is Contacting People Affected by Tropical Storm Debby and Hurricane Helene

    ATLANTA – Georgians who apply for disaster assistance for Tropical Storm Debby or Hurricane Helene may be eligible for assistance for both disasters. FEMA is placing calls to survivors in Bryan, Bulloch, Chatham, Effingham, Evans, Liberty, Long, and Screven counties who only registered for one of the disasters to inform them that they can apply for assistance for both disasters if they sustained damaged from both storms. 

    These calls may come from unfamiliar area codes or phone numbers. FEMA may also send a text message if they are unable to reach you by phone. If you are concerned about verifying if it is FEMA, you can call 800-621-3362. FEMA representatives never charge applicants for disaster assistance, inspections or help in filling out applications. Their services are free.

    Applications for both storms must be submitted separately. Eligible survivors affected by both storms may receive funds for food, water, baby formula and other emergency needs as well as money to help pay for a temporary place to stay. Federal grant funds may help with survivors’ immediate housing needs and can be used for the cost of staying with friends and family or hotel/motel lodging. If applicants already created a Login.gov account, they may use that same account in accessing both applications.

    Go online to DisasterAssistance.gov, use the FEMA App or call 800-621-3362 to apply for FEMA assistance. The telephone line is open every day and help is available in most languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. To view an accessible video on how to apply visit Three Ways to Apply for FEMA Disaster Assistance – YouTube.

    When applying, people will need to describe what damage occurred and on what date, to ensure federal disaster assistance from the two storms is not duplicated. Keep all receipts for expenses associated both disasters, including:

    • Home repairs
    • Repairs to a septic system, water well or private road
    • Purchase of a generator or chainsaw
    • Replacement of personal property items such as appliances
    • Vehicle repairs or replacement
    • Insurance settlement or denial

    For the latest information about Georgia’s recovery, visit fema.gov/disaster/4821 and fema.gov/disaster/4830. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema.

    sandra.habib

    MIL OSI USA News

  • MIL-OSI United Kingdom: Isle of Wight Carers Support Service, share your experience 9 October 2024 carer survey, support services

    Source: Aisle of Wight

    During 2025 the Isle of Wight Council will be renewing its contract to provide information, advice, guidance and support for unpaid carers across the Isle of Wight.

    We want to make sure that the views of local unpaid carers, about the support they need in this area help us to shape theses services moving forward. If you are, or were, or are likely to become and unpaid carer, the council would like to hear from you. Your experience, knowledge and comments are invaluable.

    All you need to do to share your thoughts is to complete a very short survey which can be found at Isle of Wight Carers Support Service – User Experience Survey 2024  The survey should take 5 – 10 minutes to complete and all feedback will be taken on-board and considered to shape the service plan. The closing date for the survey is Saturday 30 November. If you would prefer a paper version of the survey this can be arranged by contacting Liz.Hennessy@iow.gov.uk

    Laura Gaudion, director of adult social services ‘’The Isle of Wight Council recognises unpaid carers as the ‘quiet heroes’ in our Island’s community and want to ensure that they have the help and support to enable them to carry out their caring responsibilities while improving and protecting their own wellbeing.  We want to make sure that the carers services we put in place for local people are of the highest quality so that carers on the Island receive the best possible support to enable them to look after the people they care for.’’

    Carers who would like to discuss views or receive help to complete this survey can attend a public meeting and drop-in session on Tuesday 22 October between 2pm and 5pm at the Riverside Centre, The Quay, Newport, Isle of Wight PO30 2QR.

    MIL OSI United Kingdom

  • MIL-OSI USA: Smart New Laser Technology Can Monitor Greenhouse Gases Faster, More Sensitively

    Source: US Government research organizations

    Esther Baumann works in the lab where a team of researchers has developed an improved version of a laser-based measurement technique called dual-comb spectroscopy. 

    Credit: R.Jacobson/NIST

    Scientists at the National Institute of Standards and Technology (NIST) have developed a new laser-based technique that could dramatically improve our ability to analyze a variety of materials and gases, including greenhouse gases. This new method, called “free-form dual-comb spectroscopy,” offers a faster, more flexible and more sensitive way to analyze substances in the air and other materials.

    In this specific study, published in Nature Photonics, researchers demonstrated that their laboratory-based system could detect a single gas, in this case the potent greenhouse gas methane, with 22 times higher sensitivity than a traditional dual-comb system. This increased sensitivity could one day help identify small leaks or emissions that might otherwise go unnoticed, potentially aiding in efforts to combat climate change.

    Technological Advancements

    Spectroscopy is a sophisticated technique that allows scientists to identify and measure different materials by observing how they interact with light. Just as a prism separates white light into a rainbow of colors, spectroscopy separates the light coming from or passing through a substance, revealing its unique “fingerprint” and providing valuable information about its properties and composition.

    The NIST researchers have created an improved version of a laser-based measurement technique called dual-comb spectroscopy. Dual-comb spectroscopy is a particularly high-resolution form of spectroscopy that allows many colors of light to be examined at the same time and in fine detail.

    The new laser measurement technique improves on older methods by allowing scientists to control the timing of laser pulses with incredible precision. This precise control lets them focus on the most important parts of a sample’s fingerprint and ignore areas that don’t provide useful information. As a result, the smarter system can detect and measure substances much faster than before.

    This new approach can be used in several ways. For example, scientists can use it to quickly create images showing how the gas is distributed in space. Alternatively, if researchers don’t know exactly what kind of gas is in the area they are investigating, they can use a generic technique called compressive sampling. This is a “smart” method of making measurements, concentrating on areas likely to have important information and taking fewer measurements elsewhere. This strategy makes the whole process 10 to 100 times more efficient than traditional methods.

    Visualizing Gas Plumes

    This technology can create fast, detailed images of a variety of gas clouds. In this study, researchers created real-time images of methane plumes. Methane is a potent greenhouse gas that contributes to climate change, so being able to detect and address these leaks efficiently could one day help protect the environment and improve air quality. By quickly generating images of methane plumes, scientists could quickly identify where gas is escaping. 

    Methane cloud with free-form dual-comb spectroscopy

    Researchers use free-form dual-comb spectroscopy to make videos like this 2D methane cloud. Dark areas mean there’s little or no methane present, while brighter colors show where there’s more methane. Because it can take pictures very quickly, this technology can show how the methane cloud creates swirling patterns and changes in real time, which wasn’t possible previously. This technology can be easily adjusted to look for different gases, not just methane.

    This technique is useful not only for detecting greenhouse gases but for any situation in which scientists need to identify and measure gases.

    Two Lasers Are Better Than One

    Free-form dual-comb spectroscopy may be a mouthful to pronounce, but understanding how this technology works can be more easily digested by breaking it down into several parts that work seamlessly together.

    The heart of this method lies in the Nobel Prize-winning optical frequency comb, a laser tool that produces light at a series of equally spaced, precise frequencies that resemble the teeth of a comb. These frequency combs are used for a variety of purposes, from precision timekeeping to medical diagnostics and even the search for elusive dark matter.

    The “dual-comb” aspect of this technology refers to the use of two optical frequency combs working together. This approach enables rapid, precise measurements of substances by analyzing how they interact with the light from both combs. This technique is much faster than a single comb and can provide more detailed information than many traditional spectroscopy methods.

    “Free-form” refers to the flexibility in highly precise frequency comb control that has recently become possible. The frequency combs emit light pulses that are just 100 femtoseconds in duration. Inside each of these brief light bursts, there’s an electric field that vibrates extremely rapidly, millions of millions of times per second. The ability to quickly and accurately control this fast light allows researchers to improve and adjust how they take measurements.

    Dual-Comb’s Next Big Leap

    As the world grapples with environmental challenges and the need for improved safety measures, this innovative laser technology offers a promising new tool. By enabling smarter detection of gases and other substances, it could play a crucial role in protecting both public health and the environment in the years to come.

    The researchers plan to continue improving their system in the laboratory, making it even faster and adapting their approach to work with a wide range of laser wavelengths.

    “The flexibility of our system means it could be adapted for a wide range of applications,” said NIST researcher Esther Baumann. “In the future, we might see more versatile and efficient sensors based on this technology in everything from air quality monitors to food safety detectors to studying how materials burn or assessing muscle health noninvasively.”


    Paper: Fabrizio R. Giorgetta, Simon Potvin, Jean-Daniel Deschênes, Ian Coddington, Nathan R. Newbury and Esther Baumann. Free-form dual-comb spectroscopy for compressive sensing and imaging. Nature Photonics. Published online Sept 30, 2024. DOI:10.1038/s41566-024-01530-y

    MIL OSI USA News

  • MIL-OSI Video: Vuk Talks Season 2 Episode 22 Joseph Maraba Electricity Regulation Amendment Act

    Source: Republic of South Africa (video statements-2)

    President Cyril Ramaphosa has signed into law the Electricity Regulation Amendment Act which sets out far-reaching reforms of South Africa’s electricity sector, including the establishment of a competitive electricity market.

    The Bill assented to by the President amends the Electricity Regulation Act of 2006 to respond to current realities in the electricity sector and open up pathways to greater competition and reduced energy costs; increase investment in new generation capacity to achieve energy security; establish an independent transmission company as the custodian of the national grid; and impose severe penalties for damage to and sabotage of infrastructure.

    Joseph Maraba breaks down this act and its implications.

    https://www.youtube.com/watch?v=l0kW_nMYDZ0

    MIL OSI Video

  • MIL-OSI Video: Learn the history of the 25th Infantry Division | U.S. Army

    Source: US Army (video statements)

    The 25th ID was activated on October 1, 1941 at Schofield Barracks, Hawaii. Its mission: to deter adversaries by building, sustaining and forward-posturing ready forces alongside allies and partners in the Indo-Pacific area of responsibility. On order, 25th Infantry Division fights & wins in large scale combat operations.

    About the U.S. Army:

    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil Facebook: https://www.facebook.com/USarmy/ X: https://www.twitter.com/USArmy Instagram: https://www.instagram.com/usarmy/ LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #25ID #Schofield #Hawaii

    https://www.youtube.com/watch?v=lR5AKd9SlwY

    MIL OSI Video

  • MIL-OSI Economics: Samsung Celebrates ENERGY STAR Day with Facility Efficiency & Green Shipping

    Source: Samsung

    As we celebrate the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR Day on October 9 and Energy Awareness Month throughout October, Samsung Electronics America is proud to spotlight two significant milestones that reflect our unwavering commitment to sustainability. From energy-efficient operations to greener transportation methods, Samsung continues to lead by example in reducing our environmental impact. Our Logan, Utah facility recently earned the EPA’s ENERGY STAR Challenge for Industry recognition, and we’ve also joined the EPA’s SmartWay® Transport Partnership, both reflecting our dedication to creating a more sustainable future.
    Leading by Example: EPA Recognition for Energy Efficiency at Logan, Utah Facility
    In a major achievement aligned with the spirit of Energy Awareness Month, the Prismview – A Samsung Electronics Company commercial display manufacturing facility based in Logan, Utah, was recognized by the EPA for reducing its energy intensity by 10% in just one year, earning the prestigious ENERGY STAR Challenge for Industry designation. This challenge encourages industrial sites worldwide to reduce their energy intensity by 10% over five years. Samsung’s Logan site accomplished this goal far ahead of schedule, thanks to the efforts of our Workplace Operations and Facility Management teams, who developed and implemented energy demand mitigation strategies across our enterprise.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN attends the ASEAN Leaders’ Interface with ASEAN-Business Advisory Council

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn attended the ASEAN Leaders’ Interface with ASEAN-Business Advisory Council (ASEAN-BAC) in Vientiane, Lao PDR, on 9 October 2024. The ASEAN Leaders welcomed the ASEAN-BAC recommendations and encouraged the business community to play an active role in expanding trade and investment across the region, embracing digital transformation and sustainable development, and supporting deeper regional economic integration.

    MIL OSI Economics

  • MIL-OSI: Quaint Oak Bank Receives SBA Preferred Lender Program Designation

    Source: GlobeNewswire (MIL-OSI)

    SOUTHAMPTON, Pa., Oct. 09, 2024 (GLOBE NEWSWIRE) — Quaint Oak Bank announced it has been granted the Preferred Lender Program (PLP) designation by the U.S. Small Business Administration (SBA). This prestigious designation is a testament to Quaint Oak Bank’s expertise, experience, and commitment to supporting small businesses across the nation.

    The PLP designation enables Quaint Oak Bank to streamline the SBA loan approval process, providing customers with greater speed and certainty in securing financing. As a PLP lender, the established financial institution is authorized to make unilateral approvals on SBA-guaranteed loans.

    “Our long-standing track record of successful SBA lending has culminated in this recognition,” said Steven Willard, SBA Team Leader and Commercial Relationship Manager. “We are committed to offering the best possible service to our customers and believe that this new designation will enhance our ability to do so.”

    With the SBA’s backing, Quaint Oak Bank can offer flexible financing options to businesses that may not qualify for conventional loans, including those lacking collateral or with projected rather than historical cash flow. This program is particularly beneficial for startups, business acquisitions, and companies experiencing rapid growth.

    For more information about Quaint Oak Bank’s SBA lending services and how the PLP designation can benefit your business, visit http://www.quaintoak.com/business-banking/commercial-loans/sba-loans/.

    About Quaint Oak Bank
    Quaint Oak Bank is a Pennsylvania-chartered savings bank and wholly owned subsidiary of Quaint Oak Bancorp [QNTO], a financial services company. Providing exceptional customer service since 1926, Quaint Oak Bank has adapted and grown to match the ever-changing demands of the market. Dedicated to delivering ground-breaking banking technology to its customers, Quaint Oak Bank offers financial solutions that fuel the future of business. Learn more at http://www.quaintoak.com.

    Contact
    Jake R. Doneker
    Vice President, Commercial Relationships
    Quaint Oak Bank
    215.364.4059

    The MIL Network

  • MIL-OSI: IDEX Biometrics ASA’s extraordinary general meeting held on 9 October 2024

    Source: GlobeNewswire (MIL-OSI)

    IDEX Biometrics ASA held an extraordinary general meeting on 9 October 2024.

    112.2 million shares or 25.47% of the share capital was represented at the meeting.

    All proposals on the agenda were adopted in accordance with the proposals of the Company’s board of directors, including the approval of Tranche 2 of the private placement, the subsequent offering and the warrants issuance, all as announced on 17 September 2024.

    For further information contact:
    Marianne Bøe, Head of Investor Relations
    E-mail: ir@idexbiometrics.com
    Tel: +47 67 83 91 19

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit http://www.idexbiometrics.com

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

    The MIL Network

  • MIL-OSI: Alation Unveils AI Governance Solution to Power Safe and Reliable AI for Enterprises

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Alation Inc., the data intelligence company, today launched its AI Governance solution to help organizations realize value from their data and AI initiatives. The solution ensures that AI models are developed using secure, compliant, and well-documented data. With capabilities such as lineage for AI auditability, AI documentation, data discovery and custom tagging, and data quality flags, organizations can confidently accelerate AI development, mitigate risks, and optimize their AI investments for business impact.

    As regulatory demands rise and data environments grow more complex, organizations struggle to scale AI applications—including machine learning (ML) and generative AI (GenAI)—beyond proof-of-concept stages. Despite growing adoption, research from McKinsey shows only 11% of organizations have successfully scaled these initiatives, largely due to challenges in data governance, compliance, and security. New and evolving regulations, such as GDPR, the EU AI Act, and frameworks like the OECD AI Principles and NIST AI Risk Management Framework, further complicate governance requirements.

    Alation’s AI Governance solution equips organizations with trusted, compliant data and the visibility to confidently scale AI initiatives while adhering to governance policies. By cataloging training datasets, LLM prompts, AI models, and API endpoints in a unified platform, Alation ensures traceability across the AI ecosystem, enabling compliance and fostering collaboration. This transparency mitigates AI risks by allowing teams to trace errors, correct biases, and maintain accountability throughout the AI lifecycle. With curated features ensuring data quality and best practices like model card documentation, Alation streamlines AI development, accelerates time-to-value, and delivers governed collaborative AI outcomes. By reinforcing trust and explainability, Alation helps enterprises future-proof and centralize their AI efforts, driving measurable impact.

    “Alation is critical to increasing the confidence and the value of our data, providing a single source of truth that drives informed decision-making across the organization,” said Ilya Gilin, Leader of Data and AI/ML Governance at Interac. “As we scale our AI initiatives, Alation delivers the transparency, traceability, and governance needed to build, document, and validate analytical models confidently. With features like data quality flags and lineage for AI auditability, we can ensure our model inventory is accurate and timely while maintaining compliance and operational excellence. By transforming data into a strategic asset, Alation fuels innovation and future-proofs our data governance program.”

    “Alation delivers critical guardrails required to help keep AI initiatives safe, ethical, and compliant,” said Stewart Bond, Vice President of Data Intelligence and Integration Software Research at IDC. “Alation helps enterprises find, understand, and trust their data and now brings this expertise to AI—now a top boardroom priority. Alation’s AI Governance solution equips data and business teams to track and validate data before it feeds into AI models while supporting model development, documentation, and validation. By providing a trusted platform, Alation enables organizations to deploy and scale reliable, auditable AI, ensuring compliance, mitigating risks, and driving measurable, AI-driven business outcomes.”

    “The potential for AI to revolutionize industries—from preventing financial fraud to accelerating drug development—is immense, but realizing that potential and driving true business value depends on trusted, high-quality data,” said Satyen Sangani, CEO and co-founder of Alation. “Alation’s AI Governance solution ensures AI initiatives are built on secure, compliant, and transparent data, enabling faster innovation with confidence. As enterprises continue to invest in AI infrastructure to scale large models, Alation turns those investments into real-world applications that deliver measurable ROI, reduce risk, and scale AI safely and ethically—unlocking significant business value.”

    Alation’s AI Governance solution enables organizations to confidently scale AI initiatives and drive measurable business outcomes by leveraging:

    • Accurate Datasets for Trusted Models: Alation equips data scientists, ML experts, and AI engineers with trusted, compliant, contextual data. By leveraging Alation’s Intelligent Search and custom tags, users can quickly locate and tag relevant and compliant datasets needed to build trusted AI models, ensuring a strong foundation for AI initiatives.
    • Streamlined AI Documentation and Collaboration: Alation provides a single source of truth for documenting and managing AI models using model card templates. By centralizing collaboration within the AI Governance solution, teams can collaborate in the context of specific models, ensuring unified visibility across all stakeholders. This promotes governance, compliance, and the efficient discovery and sharing of AI/ML models across the enterprise, driving operational efficiency and transparency.
    • Auditable AI Lineage and Traceability: Alation delivers end-to-end lineage from datasets to AI models, offering full visibility into the AI lifecycle. By cataloging training datasets, LLM prompts, AI models, and output data in a single source of truth, Alation ensures traceability for internal stakeholders and auditors. This enables organizations to diagnose issues, enforce compliance, and maintain trust in AI systems, embedding safety, ethics, and governance throughout the entire process.
    • Compliance and Risk Mitigation: Alation’s AI and data governance framework flags non-compliant datasets and ensures AI models are built on reliable, governed data. This mitigates operational risks, prevents costly errors, and safeguards data integrity—ensuring organizations meet the highest regulatory standards while driving innovation.
    • AI Readiness Accelerator: Alation’s Expert Services offering accelerates AI adoption by providing expert guidance and best practices for model card development. Customers can also engage system integrators from the Alation ecosystem to implement these practices, ensuring they are prepared to scale AI initiatives and deliver measurable business impact. 

    To learn more, read our blog, AI Governance Best Practices: A Framework for Data Leaders

    Register for the webinar, Building Trust in AI: Best Practices for AI Governance from IDC’s Stewart Bond, on October 23, 2024, at 8 AM PT. Gain expert insights from Stewart Bond, IDC’s Vice President of Data Intelligence and Integration Software Research, and David Chao, CMO of Alation, on navigating AI governance challenges, improving AI safety, and harnessing trusted data to drive successful AI initiatives.

    About Alation
    Alation is the data intelligence company. Nearly 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit http://www.alation.com

    Media Contact
    Lauren Lloyd
    Director, Corporate Communications
    541-490-6115
    lauren.lloyd@alation.com

    The MIL Network

  • MIL-OSI Russia: Students of SPbGASU attended a lecture by a representative of the company “ROCKWOOL”

    MILES AXLE Translation. Region: Russian Federation –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Students at a lecture

    Leading specialist in training development at ROCKWOOL Natalia Pakhomova gave a lecture to students of SPbGASU on improving the energy efficiency of buildings and fire safety using building materials. The company representative explained that these issues are very relevant, and therefore will be interesting and useful for senior students both for writing final qualifying papers and in general for improving their professional competencies.

    ROCKWOOL is the largest manufacturer of insulation materials and solutions made of stone wool. 25 years ago, the company launched its first production in Russia. Today, ROCKWOOL heat and sound insulation is manufactured in the Moscow region, Vyborg, Chelyabinsk region and Tatarstan. Speaking about the advantages of stone wool products and solutions, designs and their application, Natalia Pakhomova drew the students’ attention to the fact that the raw materials and components of the materials are exclusively Russian, which increases their availability.

    “Our company has developed a series of lectures on various topics: energy efficiency, fire safety, technology of production of building materials, including stone wool. Therefore, we have something to tell to any faculty, course of specialized universities. We have accumulated quite a lot of experience related to the production and use of stone wool, and we want to share our expertise, promote safe, energy-efficient, fire-safe solutions and products. We closely cooperate with SPbGASU and, for our part, are interested in joint training of sought-after specialists,” explained Natalia Pakhomova.

    Associate Professor of the Department of Metal and Wooden Constructions of SPbGASU, PhD in Engineering Stefania Mironova suggested expanding cooperation and, if possible, jointly developing the topic of master’s theses. It turned out that the company “ROCKWOOL” also has experience of such cooperation, and it is ready to increase it. In addition, the company practices organizing internships.

    Fourth-year student of the Department of Construction Technology Anita Agzamova has heard about this company. In the construction of the building, which she plans to take as an object for her final qualifying work, the insulation for walls “ROCKWOOL” is used.

    “During this lecture, I clearly saw how this is applied in practice. The format of such lectures is very interesting and effective, since we are not familiar with educational and theoretical projects, but with practical solutions. It is useful to learn about them, about what new technologies are being implemented in the industry. The opportunity for an internship is also inspiring, motivating and opens the way to the professional sphere,” Anita said.

    Alla Kadyrova, a specialist at the Center for Student Entrepreneurship and Career at SPbGASU, reminded students that such meetings with industry representatives will continue, but this is not the only option for assistance in employment from our university. Thus, at the Center for Student Entrepreneurship and Career, students are helped to write a resume, consulted on job search issues, and offered vacancies in their specialty from the university’s partners.

    “If you are not considering a job but intend to engage in entrepreneurship, we invite you to take part in hackathons, accelerators, incubators – federal projects, within the framework of which, on the way to implementing your idea, you will be able to assemble a team, develop an economic model, meet partners and even receive funding. We also help implement the “Startup as a Diploma” program. This is an alternative to the traditional final qualifying work or master’s thesis, where students prepare their business project,” explained Alla Kadyrova.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://www.spbgasu.ru/nevs-and-events/nevs/students-spbgasu-attended-a-lecture-by-a-representative-of-the-rockwool-company/

    MIL OSI Russia News

  • MIL-OSI: The U.S. Department of Energy Selects Craft to Protect Federal Investments from Foreign Influence

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 09, 2024 (GLOBE NEWSWIRE) — Craft, the supply chain resilience company, today announced its risk management platform was selected by the United States Department of Energy (DoE) to provide risk assessments for companies that apply for awards and loans through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The collaboration is part of a larger effort to protect U.S. energy infrastructure, technology, intellectual property, and federal investments from hostile foreign nations and influence.

    Currently, more than 500 employees across 61 federal government organizations use the Craft platform in support of the SBIR program to enhance their due diligence practices. The DoE’s Office of Research, Technology & Economic Security is the latest agency to use Craft to conduct due diligence on SBIR award applicants. This formerly manual process is now completed quickly and accurately, and supports compliance with the U.S. SBIR And STTR Extension Act of 2022. With Craft, the DoE can discover foreign ownership and associations across myriad data points including patents, licensing, board seats, politically exposed people, investor locations, blocklists, ultimate beneficial ownership (UBO), and more.

    “The U.S. invests significantly in the private sector to support the country’s energy infrastructure and technological innovation. However, foreign influence poses a major threat,” said Brian Mackerer, group director, Government and Defense Sector, Craft. “Craft’s platform provides the DoE with a gold standard for due diligence and ensures that all investments will advance U.S. energy interests.”

    Craft’s due diligence data and intelligence can be accessed by any U.S. government agency for faster risk assessments and to avoid duplicative work. Its platform will continue to be essential for the DoE and other government agencies to invest confidently and quickly on SBIR awards for important energy technology across batteries, electric grid infrastructure, and renewable and clean energy.

    “Foreign influence is increasingly more difficult to detect and manual vetting processes can slow the rate of U.S. innovation and technological progress,” said a representative from the Department of Energy’s Office of Research, Technology & Economic Security. “Craft’s platform allows us to vet federal funds candidates easier and faster to ensure they are free of hostile foreign influence.”

    Craft’s work with the DoE is the latest in a series of announcements with the U.S. government. In May 2024, Craft announced a $28 million, five-year agreement with the Secretary of the Air Force to bolster due diligence efforts across the Department of Defense. In March 2024, it announced a partnership with Strider Technologies, Inc. to enrich the data used to identify foreign influence within supply chains for federal government agencies and organizations engaged in government contracts.

    “Our vision is for Craft to be the supply chain risk and resilience partner-of-choice for the U.S. government. This collaboration is another step forward in that direction,” said Mackerer.

    For more information about Craft, visit http://www.craft.co or contact press@craft.co.

    About Craft

    Craft illuminates the path to global supply chain resilience. It empowers businesses to strengthen their supplier networks and supply chains with the industry’s most reliable and comprehensive data fabric and advanced risk mitigation engine. Craft’s user-friendly platform offers 360-degree visibility to explore and evaluate supplier networks, AI-driven insights to detect and mitigate disruptions, and collaborative tools to enhance supply chain strategies. Procurement and supply chain professionals can confidently navigate regulatory environments, adhere to ethical standards, and ensure business continuity. Headquartered in San Francisco, CA, Craft assists commercial and governmental organizations worldwide in creating more resilient supply chains. For more information about Craft, visit http://www.craft.co.

    The MIL Network

  • MIL-OSI: Nokia and Furukawa Electric LatAm expand partnership in Brazil to reach data center market

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and Furukawa Electric LatAm expand partnership in Brazil to reach data center market

    • Security and automation designed for the AI era are focus of new phase of partnership, designed for data centers of all sizes in Brazil.
    • Solutions immediately available for Brazilian market bring together Nokia’s modern data center automation platform and Nokia DDoS attack detection and mitigation software.
    • Existing partnership between the companies to commercialize advanced passive optical network (POL) technologies continues throughout Latin America.

    9 October 2024
    São Paulo, Brazil – Nokia and Furukawa Electric LatAm today announced they have expanded their partnership to immediately bring high-performance solutions in data center automation to Brazil. Partners since 2022, the two companies will also continue to offer advanced passive optical network technologies to the Latin American business market.

    Furukawa will now offer Nokia’s Data Center Fabric solution, which includes high-performance data center switching platforms, running Nokia SR Linux, a uniquely open, extensible and resilient Network Operating System and managed by Nokia Event-Driven Automation (EDA), a modern data center network automation platform that combines speed with reliability and simplicity and provides guardrails that detect errors caused by automation.

    Roberto Kihara, General Sales Manager for Furukawa Electric LatAm, said: “We are delighted to be able to extend our partnership with Nokia to offer the most advanced passive optical network technology available. The POL market is very hot in Latin America and we have a lot to achieve together in the region’s data center market. Brazil is a promising market and exemplary in terms of investment volume and demand for automation solutions.”

    Juan Pablo Anadon, Head of Enterprise, Webscale and Partners Sales for Latin America, Network Infrastructure at Nokia, said: “Together with Furukawa Electric LatAm, we are committed to bringing cutting-edge data center technology to the Latin American business market quickly. Our new EDA platform, developed for the AI era, simplifies data center management and can cut down operational efforts up to 40%. Part of our Data Center Fabric solution, EDA is now available in Brazil just two weeks following its global launch, allowing us to work towards our goal with Furukawa to support and advance data center networks in Latin America.”

    Nokia is helping cloud builders worldwide to build modern data center networks that are highly reliable, secure and easy to operate – which is essential to meet the growing demands of AI workloads worldwide.

    Resources and additional information
    Webpage: Nokia – Event-Driven Automation (EDA)
    Webpage: 7220 Interconnect Router for Data Center Fabric
    Webpage: 7750 Service Router
    Webpage: Deepfield Defender
    Press release: Nokia and Furukawa Electric LatAm partner to accelerate Optical LAN in Latin America

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

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

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

    About Furukawa Electric LatAm
    Furukawa Electric Latam is a communications infrastructure solutions manufacturer with headquarters in Curitiba/PR and other plants in Sorocaba/SP and Santa Rita do Sapucaí/MG, as well as optical cable factories in Berazategui, Argentina, and Mexicali, Mexico.

    With a comprehensive portfolio of communication infrastructure solutions, it serves diverse markets such as data centres, industries, offices, operators and services, among others, at all application levels.

    Furukawa Solutions brand is the result of the union of various development, production and support centres distributed around the world, relying on the solidity of the Furukawa Electric group, which has been operating globally for over 135 years, offering world-class solutions with local support and services. With a strong commitment to society, it provides infrastructure for life.

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

    Nokia Americas
    Email: lygia.torelli@nokia.com

    Furukawa Electric Latam
    Email: andreia.rodrigues@agenciafr.com.br

    Follow Nokia on social media
    LinkedIn X Instagram Facebook YouTube

    Follow Furukawa on social media
    Linkedin

    The MIL Network

  • MIL-OSI: ASM announces details of the Q3 2024 conference call and webcast

    Source: GlobeNewswire (MIL-OSI)

    Almere, the Netherlands
    October 9, 2024

    ASM International N.V. (Euronext Amsterdam: ASM) will report its third quarter 2024 financial results at approximately 6:00 p.m. CET on Tuesday, October 29, 2024.

    ASM will host the quarterly earnings conference call and webcast on Wednesday, October 30, 2024, at 3:00 p.m. CET.

    Conference-call participants should pre-register using this link to receive the dial-in numbers, passcode and a personal PIN, which are required to access the conference call.

    A simultaneous audio webcast and replay will be accessible at this link.

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at http://www.asm.com.

    Contacts  
    Investor and media relations Investor relations
    Victor Bareño Valentina Fantigrossi
    T: +31 88 100 8500 T: +31 88 100 8502
    E: investor.relations@asm.com E: investor.relations@asm.com

    The MIL Network

  • MIL-OSI: Decision of the Management Board of Šiaulių Bankas AB on acquisition of own shares

    Source: GlobeNewswire (MIL-OSI)

    On 9 October 2024, the Management Board of Šiaulių Bankas AB (hereinafter – the Bank), implementing the decision of the Bank’s Ordinary General Meeting of Shareholders (29 March 2024) on the acquisition of the Bank’s own shares decided to buy back 6,000,000 shares of the Bank (ISIN code LT0000102253):

    • Up to 4,254,886 shares, for reduction of the Bank capital;
    • Up to 1,745,114 shares, for employees of Šiaulių Bankas Group as part of the deferred variable remuneration.

    Shares will be purchased on the Nasdaq Vilnius tender offer market under the following terms:

    • Share purchase starts on 10 October 2024;
    • Share purchase ends on 18 October 2024;
    • The date of settlement of the tender offer is on 21 October 2024;
    • Maximum number of shares to be acquired – 6,000,000;
    • The total maximum value of the shares to be acquired is 4.98 million euros;
    • Maximum purchase price is set at EUR 0.83 per share;
    • The acquisition price will be determined using a Dutch auction, meaning all transactions will be carried out at a single price. If fewer shares are offered in the auction than the amount to be purchased, the transactions will occur at the maximum price. If more shares are offered, the orders will be executed at the lowest price at which the full required amount can be purchased.

    “We are launching a two-stage process for buying back our own shares. In the first phase, we will create a liquidity event for investors wishing to sell all or part of their shares. In the second phase, which will begin in November, after the announcement of the Bank’s third-quarter results, shares will be repurchased on the open market. With this share buyback strategy, we believe we will achieve the best results, ensuring a high return for shareholders and increasing the Bank’s attractiveness to investors,” says Tomas Varenbergas, Head of Investment Management Division of Šiaulių Bankas.

    On 15 August 2024 the Bank received permission from the European Central Bank (ECB) to buy back up to 13,745,114 its own shares.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network

  • MIL-OSI: OnStation Welcomes Former DOT Chief Mack Long to Drive Public Sector Adoption

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, Oct. 09, 2024 (GLOBE NEWSWIRE) — OnStation, the leading provider of digital stationing solutions for the heavy highway industry, today announced the appointment of Mack Long as its new Strategic Advisor.

    Mack brings over 30 years of experience working for both contractors and Departments of Transportation. Previously, he served as the Director of the Montana Department of Transportation as well as President and General Manager of Wyoming’s JTL Group. Mack is a recognized expert in the industry and has served as the Chairman of the Committee on Construction for American Association of State Highway and Transportation Officials (AASHTO). In his capacity as strategic advisor, Mack will guide OnStation relationships with public sector officials, research, and grant funds.

    Throughout his career, Mack has been passionate about putting the right technology into the hands of road crews, which aligns with the OnStation corporate mission. “OnStation is the best tool out there for both the DOTs and contractors to make sure their projects get built right. It’s the critical tool that connects every road worker with the information they need to be productive and safe,” said Long.

    CEO Patrick Russo noted how the addition of Mack Long deepens OnStation’s value proposition for DOT and contractor teams who often work side by side on the same projects. The app allows team members to instantly find their live digital station and offset reading, drop flags at specific locations, attach images, send chat messages, and share with colleagues across the entire project.

    “OnStation focuses on providing a digital location to every worker on a jobsite to help make their jobs easier and safer. We solve challenges roadway crew experience daily by aligning the needs of DOT project owners and the contractor community, so everyone derives increased value from digital stationing. Mack’s experience on both sides of road construction project teams will help guide us towards fulfilling this vision. It is awesome our company is attracting folks like Mack, and I am excited to learn from him,” said Russo.

    For more information about OnStation and its solutions, please visit http://www.onstationapp.com

    About Mack Long

    Mack was born in Billings, Montana, where he grew up and raised his own family. He attended Montana State University (MSU) in Bozeman, Montana, and graduated in 1986 with a Bachelor of Science in Business Management. After college, Mack worked in Bozeman where he met and married his wife, Karen, in 1990. Mack returned to MSU to earn a Construction Engineering degree. Later, he and Karen moved to Texas where Mack worked for Peter Kiewit & Sons construction and engineering firm. While in Texas, Mack and Karen raised their family and welcomed their son, Nathon to their family.

    In 1995, they moved back to Billings and Mack went to work for the family construction company, JTL Group, Inc. Shortly after moving back, their daughter was born. The family moved to Casper, Wyoming in 1998 where Mack became the President and General Manager of JTL Group, Wyoming. In 2002, Mack moved into JTL Group’s main administrative office and worked with his father, Joel, in Billings. JTL Group, Inc. was acquired by MDU Resources Group Inc. in 1999. When Joel retired in 2003, Mack became the President and Regional Manager for Knife River Corp, Inc., an MDU Resources division, until he retired in 2009.

    Mack has been the owner and partner in business ventures over the past 10 years and his experience in the construction field has been wide and varied across airport reconstruction, highways, utilities work, and major industrial plant construction. In 2021 Governor Greg Gianforte appointed Mack to be the Director of the Montana Department of Transportation. Mack proudly served in this role and was asked to be the Chairman of the Committee on Construction for AASHTO. Mack retired in April of 2024 to spend more time with his wife.

    About OnStation

    OnStation is a collaborative digital stationing platform that offers location-based project records from bid to close. Specifically designed for the heavy highway industry, OnStation’s mobile app centralizes communication, boosts productivity, enhances worker safety, and improves project quality. Users benefit from live jobsite stationing, milepost, and LRS capabilities. They can overlay design layers on the project map and communicate via a custom chat platform that organizes and records project events at their locations. OnStation is available on both the Apple App Store and Google Play Store and is supported on all desktop systems.

    Contact

    Jessica Kodrich
    jkodrich@onstationapp.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e4dccfb6-c5d1-4af4-851b-79ec1f2b4e36

    The MIL Network

  • MIL-OSI: FloQast CEO Mike Whitmire and Accounting Operations Evangelist Stefan van Duyvendijk Publish New Book to Empower Controllers and Accounting Teams

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) — FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced the release of “Shift Happens: The Rise of the Operational Mindset and How Controllers Can Drive Real Value,” a new book co-authored by FloQast CEO and Co-Founder Mike Whitmire and Accounting Operations Evangelist Stefan van Duyvendijk. Available on the Amazon Kindle Store starting October 9, the book offers critical insights for accounting professionals as they navigate a rapidly changing business landscape.

    Controllers today face increasing pressure to move beyond traditional accounting responsibilities and embrace a more strategic, operational role within their organizations. “Shift Happens” explores this transformation, providing a roadmap for controllers and accounting teams to elevate their influence and steer organizational strategy, particularly during periods of economic uncertainty and business volatility.

    “Shift Happens” draws from the real-world experiences of Whitmire, van Duyvendijk, and other finance leaders at top-tier organizations to deliver actionable advice for controllers looking to position themselves as operational leaders. By adopting a mindset that balances financial expertise with strategic decision-making, controllers can help their companies thrive in today’s complex and fast-paced environment.

    “The controller’s role is changing fast,” said Mike Whitmire, co-founder and CEO of FloQast, CPA. “Accountants understand a company’s finances better than anyone, which puts them in a unique position to help shape business strategy with real data and insights. With today’s economic pressures and talent shortages, businesses can’t afford to overlook this expertise. Our book gives controllers and their teams the tools they need to step up and make a real difference.”

    Stefan van Duyvendijk echoes Whitmire’s sentiment: “Controllers already have the skills and insights needed to drive operational success, but too often they are limited to financial reporting. With an operational mindset, they can expand their influence, bringing valuable insights to the table that impact the entire organization.”

    “Shift Happens” empowers controllers and accounting teams to embrace this broader scope, teaching them how to bridge the gap between accounting functions and business operations. The book provides practical guidance on how to navigate complex financial regulations, communicate effectively with senior executives, and manage cross-functional teams.

    Earn 10 CPE/CPD Credits with FloQademy!

    As part of its mission to provide continuous education to accounting professionals, FloQast is offering readers the opportunity to earn 10 CPE/CPD credits through FloQademy. Head to floqademy.floqast.com/shift-happens to claim your credits and explore other informative and entertaining courses designed to enhance your accounting expertise.

    About the Authors:

    Mike Whitmire is the CEO and co-founder of FloQast, which he established in 2013 to address critical inefficiencies in accounting operations. With a bachelor’s degree in accounting from Syracuse University, Whitmire’s early career included roles at Ernst & Young and Cornerstone OnDemand, where he contributed to a successful IPO. In addition to “Shift Happens,” Whitmire is also the author of the Amazon best-selling book “Controller’s Code: The Secret Formula to a Successful Career in Finance.” Outside of his work in the accounting industry, Whitmire is an avid woodworker and a dedicated Los Angeles Dodgers fan.

    Stefan van Duyvendijk serves as the Accounting Operations Evangelist at FloQast. Prior to joining FloQast, van Duyvendijk held corporate controller positions at Kodiak Cakes and Skullcandy, building extensive experience in financial operations and regulatory compliance. His expertise includes ASC 606 implementation, close process improvements, business combinations, and financial statement audits. When he’s not advocating for accounting innovation, Stefan enjoys skiing the slopes around his home in Utah.

    Book Availability and Pricing: “Shift Happens: The Rise of the Operational Mindset and How Controllers Can Drive Real Value” will be available on the Amazon Kindle Store starting October 9 for a limited-time introductory price of $2.99 for the Kindle edition and $7.75 for the paperback.

    About FloQast

    FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 2,800 global accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

    Contact:
    Kyle Cabodi
    FloQast Director of Corporate Communications
    kyle.cabodi@floqast.com

    The MIL Network

  • MIL-OSI: Data Storage Corporation to Present at the MicroCap Rodeo Fall Conference

    Source: GlobeNewswire (MIL-OSI)

    MELVILLE, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that it will be participating in the MicroCap Rodeo Fall Conference being held Wednesday, October 16th, 2024, in New York City.

    Chuck Piluso, CEO Data Storage Corporation, and Chris Panagiotakos, CFO of Data Storage Corporation, are scheduled to present at 10:00 a.m. ET on Wednesday, October 16th. The presentation will be webcast live and available for replay at https://www.webcaster4.com/Webcast/Page/3068/51409 as well as on the Company’s investor relations section of the website at http://www.dtst.com/events.

    Management will also be hosting 1×1 meetings throughout the conference with approved investors.

    Information and registration for the conference can be found here at MicroCap Rodeo.

    About the MicroCap Rodeo Conference:

    The MicroCap Rodeo Conferences stand out as they are organized by money managers and investors, specifically for money managers and investors. This fall, executive management teams from approximately 25 microcap companies across a diverse range of industries will be participating. Investors will have the opportunity to harness top stock ideas for their portfolios through group presentations and 1×1 meetings, offering insights into key value drivers and emerging trends for 2025. Additionally, the event will feature industry guest speakers and ample networking opportunities.

    For more information please contact info@microcaprodeo.com

    About Data Storage Corporation

    Data Storage Corporation (Nasdaq: DTST) is a leading provider of fully managed cloud hosting, disaster recovery, cybersecurity, IT automation, and voice & data solutions. With strategic technical investments in multiple regions, DTST serves a diverse clientele, including Fortune 500 companies, in sectors such as government, education, and healthcare. Focused on the fast-growing, multi-billion-dollar cloud hosting and business continuity market. DTST is recognized as a stable and emerging growth leader in cloud infrastructure, support, and the migration of data to the cloud. Our regional data centers across North America enable us to deliver sustainable services through recurring subscription agreements.

    For more information, please visit www.dtst.com or follow us on Twitter @DataStorageCorp.

    Safe Harbor Provision
    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. The forward looking statements in this press release include statements such as continuing to grow revenue and increase profitability as the Company executes on its strategic initiatives, the consolidation of the CloudFirst and Flagship subsidiaries positioning the Company to optimize operations, leverage its technical teams, realize greater efficiencies, and improve internal resource allocation, while capitalizing on extensive cross-selling and upselling opportunities among its customer networks, the two meaningful announced contracts being just the first of many such announcements that will come from the efforts of the combined organizations, having developed a robust business strategy that we will drive growth and secure sustainable profitability while maximizing long term value for shareholders and providing meaningful updates to shareholders as developments unfold. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include the Company’s ability to execute and advance its growth strategies. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

    Contact:
    Crescendo Communications, LLC
    212-671-1020
    DTST@crescendo-ir.com

    The MIL Network

  • MIL-OSI: Light Sail VR Scales Creative Business with OpenDrives Data Management Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) — OpenDrives, Inc., a leading provider of software-defined media storage workflow solutions, today announced that Light Sail VR, a pioneer specializing in immersive media storytelling has selected the Atlas storage platform to modernize and scale its creative production business. Atlas boasts superior performance, enabling customers like Light Sail VR to increase data storage and processing on the fly, accelerating creative workflows by as much as threefold.

    The transition to Atlas has greatly improved the team’s productivity, streamlined their workflows, and optimized their data management capabilities. With features like mount management and containerization, Light Sail VR was able to effectively scale their existing storage and add resources, thus enabling them to onboard more commercial projects effectively and swiftly using various third-party tools available through OpenDrives’ containers marketplace.

    Light Sail VR Co-Founder and Creative Director Matthew Celia, a recognized leader in virtual reality, comments on the transformation OpenDrives has brought to its operation, “OpenDrives was our most important investment at the very outset, as the new infrastructure would set the stage for greater efficiency. The effortless and swift integration into our existing operation enabled us to continue working on the growing number of creative projects without any technology-related glitches. With the enormous flexibility to expand storage as needed, OpenDrives is a game-changer, allowing us to focus on our actual passion—creativity.”

    For Light Sail VR, finding a collaborator like OpenDrives with deep roots in Hollywood and storytelling expertise was key. That combination with Atlas fuels Light Sail VR’s creativity, centralizing global project collaboration and streamlining remote work.

    “It’s our mission to enhance the creative journey with high-performance, low-latency data solutions,” states Sean Lee, CEO, OpenDrives. “The OpenDrives founders and leaders are from the entertainment industry and thus have a deep understanding of the iterative nature of the creative process. We designed Atlas to enable quicker cycles, not just for faster deliveries, but to enrich creativity even under the tightest of deadlines.

    Innovating Immersive Experiences with Technology

    Formed in 2015 by visionaries Matthew Celia and Robert Watts and joined later by senior creative technologist Alex Pearce in 2020, Light Sail VR continually seeks advanced solutions to address the ever-changing needs of dynamic virtual reality. The creative team’s outstanding body of work includes high-profile projects with Meta, Amazon, Lionsgate, Paramount, Canon, Adidas, and more. The team is widely recognized as pushing the boundaries of creative workflows in immersive media. Light Sail VR’s adoption of OpenDrives supports the vision where technology and imagination intersect to create gripping experiences in virtual reality.

    Celia concludes, “OpenDrives’ commitment to enable customer success is what distinguishes them. Their capability to provide security, ease, and scalability in managing comprehensive data for filmmaking projects promises not only productivity but also potential for growth and expansion.”

    About OpenDrives
    OpenDrives, Inc. delivers high-performance, economically scalable, and easy-to-use data storage solutions—powered by the company’s software-defined platform Atlas—purpose-built to optimize high-bandwidth, low-latency media workflows. Since 2011 OpenDrives has empowered content creators and creatives with seamless, fast, shared data access, collaboration, and management capabilities that help to break down data barriers and accelerate creativity and innovation. Thanks to world-class support, composable feature bundles that promise performance and cost predictability, and flexible deployment options across on-premises, cloud, or hybrid environments, OpenDrives helps businesses effectively transform data and content into revenue. OpenDrives is headquartered in Los Angeles, CA. To learn more about OpenDrives, visit http://www.opendrives.com  

    About Light Sail VR
    Light Sail VR is a full-service cutting-edge creative studio that specializes in immersive media storytelling (180 Video / 360 Video / Spatial Video / Game-Engine Content) for agencies, brands, studios and consumers.

    Founded by managing partners Matthew Celia and Robert Watts in 2015, Light Sail VR specializes in story-driven content with compelling narratives, dynamic characters and entrancing visuals. How a person ‘feels’ inside the VR world is the key to unlocking the true potential of the medium. The technology and tools are important but at the core, it’s all about taking the audience on a journey. Loving the work and helping our clients explore new possibilities for their audiences is an honor and our mission. Journey with us as we push the boundaries of immersive storytelling and create experiences that truly do become memories. To learn more about Light Sail VR, visit http://www.lightsailvr.com.

    Press Contact
    Alex Molina
    Grithaus Agency
    alex@grithaus.agency  
    +1 (617) 834-9600

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/42099cf7-c17b-451b-a29a-02b5783fc5cf

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dbadbfe2-e7e1-4729-aaea-f0c3a75dafd7

    The MIL Network

  • MIL-OSI: Axyom.Core Announces Industry-First 4G/5G Dual Mode Enterprise Small Cells Improving Signal Strength in Indoor Areas

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., Oct. 09, 2024 (GLOBE NEWSWIRE) — Axyom.Core, a leader in cloud-native wireless core and radio access network (RAN) solutions, today announced the commercial launch of the industry’s first 4G/5G dual-mode enterprise femtocell product. It extends service coverage indoors where access would otherwise be limited or unavailable.

    Service providers can deploy these small cells in their own offices, shops, and other facilities, as well as sell them to enterprise customers, such as hospitals, offices, retail stores, and schools which show a significant rise in demand for small cell solutions, driven by the rapid adoption of 5G technologies and the growing need for indoor wireless coverage.

    Axyom.Core’s new femtocell product—supporting both 5G NSA (Non-Standalone) and SA (Standalone) architectures—is well-positioned to meet this demand, offering high capacity and exceptional throughput for improved quality of service.

    “These small cells for enterprises improve indoor communication by providing stronger, more reliable signal strength and a cost-effective solution,” said Kurt Daniel, CEO, Axyom.Core. “By enhancing the flexibility of indoor coverage, this new offering can benefit organizations of all sizes, addressing the common frustration of poor signal strength indoors and helping them meet their connectivity needs more efficiently and affordably.”

    The launch of this dual-mode small cell product marks a significant milestone for Axyom.Core, which continues to lead the way in advancing cloud-native wireless solutions.

    To learn more, register for the webinar on October 29, Redefining Indoor Coverage and Capacity.

    Trusted by six of the world’s top 10 communications service providers, Axyom.Core’s products include high-performance 4G and 5G converged core solutions, Femto core, security gateways, and enterprise RAN. The Axyom.Core platform offers unparalleled efficiency, scalability, and economics, ensuring that customers remain at the forefront of the rapidly evolving telecommunications landscape.

    Axyom.Core was acquired by Lumine Group on April 30, 2024, marking the group’s 14th corporate carve-out. The acquisition strengthens Lumine Group’s portfolio in the communications and media software sector with Axyom.Core continuing to operate autonomously under its new brand identity.

    About Axyom.Core
    Axyom.Core is a global leader in cloud-native wireless core and radio access network solutions, trusted by major communications service providers worldwide. Our advanced product portfolio includes high-performance 4G and 5G Converged core, Femto core, security gateways, and enterprise RAN units. Axyom.Core is dedicated to delivering innovative solutions that meet the evolving needs of the telecommunications industry. For more information, visit http://www.axyomcore.ai.

    About Lumine Group
    Lumine Group acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. Learn more at http://www.luminegroup.com.

    Media Contact
    Glenn Rossman
    glenn@eckertcomms.com
    914-623-8354

    The MIL Network