NewzIntel.com

Category: Machine Learning

  • MIL-OSI: Approved base prospectus of UAB “Atsinaujinančios energetikos investicijos”

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW.

    On 16 May 2025 an extraordinary general meeting of shareholders of UAB “Atsinaujinančios energetikos investicijos”, the closed-end investment company intended for informed investors (hereinafter, the “Company”) approved up to EUR 100,000,000 nominal value Unsecured Fixed Rate Note Programme (hereinafter, the “Notes”). The Company has drafted the base prospectus for the Notes issued under the programme to be introduced to trading on the regulated market AB Nasdaq Vilnius Bond list (hereinafter, the “Prospectus”), which was approved by the Bank of Lithuania on 27 May 2025 (please see the attached documents).

    IMPORTANT NOTICE:

    This notification is not for distribution to United States news agencies or for dissemination in the United States, Canada, Japan or Australia or elsewhere where such dissemination is not appropriate.

    Distribution of this announcement and other information in connection with the securities may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    No offer or invitation to acquire securities of the Company is being made by or in connection with this notification. The Prospectus is the only legally binding document containing information on the Company, the Notes and their admission to trading on the regulated market. The Prospectus is published on the website of the Company https://lordslb.lt/aei_green_bonds_2025/ as well as on www.nasdaqbaltic.com and www.crib.lt.

    Approval of the Prospectus shall not be understood as an endorsement of the securities admitted to trading on a regulated market. The potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities. Furthermore, the securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

    Additional information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    Attachments:

    1. Base Prospectus
    2. Decision of the Bank of Lithuania regarding approval of the prospectus (in Lithuanian)

    Attachments

    The MIL Network –

  • MIL-OSI: Blockmate Launches Bitcoin Mining Subsidiary With 200MW Capacity and ‘Mine-and-Hold’ Strategy in Wyoming, USA

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”), a Blockchain & Web3 venture builder focused on digital asset infrastructure, has launched its wholly owned subsidiary Blockmate Mining, a dedicated Bitcoin mining business with ambitions to become a major player in the North American market. The new entity will pursue a long-term “mine-and-hold” strategy, accumulating Bitcoin on its balance sheet as it scales operations.

    Blockmate Mining has secured a site in Wyoming, USA, adjacent to a major power substation, with the potential to support up to 200 megawatts (MW) of mining capacity. The Company plans to roll out operations in phases, beginning with an initial 10MW deployment within the next 6 to 12 months and scaling up to 50MW, subject to capital availability. At full capacity (200MW), the site is estimated to produce approximately 200 Bitcoin per month, based on current network conditions and mining difficulty, which may vary over time.

    “Blockmate Mining is a natural extension of our mission to deliver long-term value through real digital asset infrastructure,” said Justin Rosenberg, CEO of Blockmate Ventures. “With our Wyoming site secured and investor interest already strong, we’re positioned to build a highly scalable and capital-efficient mining operation. We’re focused on both generating Bitcoin and maximizing its long-term value for shareholders.”

    The Wyoming site offers an electricity cost of just USD 3.3 cents per kilowatt-hour, among the most competitive rates in North America. The Company intends to hold a significant portion of mined Bitcoin on its balance sheet—seeking both capital appreciation and 7–15% annual yield through institutional-grade custody and yield-generating strategies such as staking or lending.

    In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity, strategic investor partnerships, and innovative tokenized financing models linked to future Bitcoin output (hashpower). The first funding milestone targets USD $15 million to activate the initial 10MW, with a follow-on $55 million to scale to 50MW. Over time, the Company plans to spin out Blockmate Mining as a separately listed entity, with NASDAQ as the preferred destination.

    “We see a significant opportunity beyond Bitcoin,” added Domenic Carosa, Founder & Chairman of Blockmate Ventures. “With rising global demand for compute infrastructure, our Wyoming site offers the flexibility to support both AI and HPC workloads alongside Bitcoin mining. Blockmate Mining is uniquely positioned to capitalize on both the digital asset and AI revolutions.”

    Blockmate Mining is already in early-stage discussions with strategic partners in the AI and data center space, exploring hybrid infrastructure models that fully leverage its land and power footprint. In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity and strategic investor partnerships.

    About Blockmate Ventures Inc.

    Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to the newly launched Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.

    To learn more, visit www.blockmate.com.

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

    ON BEHALF OF THE BOARD OF DIRECTORS

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

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

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

    The MIL Network –

  • MIL-OSI Banking: GenAI VC funding in early 2025 highlights widening gap between US and China, finds GlobalData

    Source: GlobalData

    GenAI VC funding in early 2025 highlights widening gap between US and China, finds GlobalData

    Posted in Business Fundamentals

    Generative artificial intelligence (GenAI) continues to capture the venture capital (VC) investors’ attention, with funding in the US soaring past $50 billion in the first five months of 2025 alone. Despite a rebound in early 2025, China still trails significantly due to regulatory headwinds, highlighting a widening gap between the two markets in their pursuit of dominance in GenAI innovation, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database reveals that the US has emerged as a clear leader. Although China has also garnered investors’ attention but lagged significantly compared to the US.

    In the US, the number of VC deals announced in the GenAI space has surged from around 50 deals in 2020 to more than 600 deals in 2024 while 2025 (January to 26 May) so far has already seen the announcement of more than 200 deals. Similarly, the total VC deal value in the US skyrocketed from around $800 million in 2020 to a staggering $39 billion in 2024. Notably, it has already surpassed $50 billion in just the first five months of 2025. This explosive growth underscores the robust appetite for innovation and investment in the GenAI space.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “This growth trajectory positions the US as a powerhouse in GenAI investment, showcasing a strong commitment to fostering technological advancement. The underlying factors contributing to the US’ dominance in the GenAI space include a well-established venture capital ecosystem, a culture of innovation, and a regulatory environment that encourages investment in emerging technologies.”

    Meanwhile, China’s VC funding activity in the GenAI space has also shown growth but lags far behind the US. Starting with just one deal in 2020 and peaking at 39 deals in 2024, the country has seen the announcement of 14 deals in 2025 so far.

    China’s VC deal value has also remained relatively lower, from around $40 million in 2020 to peaking at around $400 million in 2023 followed by a decline to around $140 million in 2024. However, VC funding value rebounded strongly in early 2025 with the first five months of the year itself seeing around $250 million worth of deals announcement.

    Bose concludes: “The US has positioned itself as a global leader in the GenAI space driven by substantial investments from venture capitalists eager to capitalize on the transformative potential of this technology. In contrast, China’s challenges in attracting similar levels of investment reflect broader issues within its tech ecosystem, including regulatory constraints. Nevertheless, China’s ability to adapt and create a more favorable environment for GenAI development will be crucial for its long-term competitiveness in the global tech landscape.”

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain.

    MIL OSI Global Banks –

  • MIL-OSI Africa: Call for rebranding of TVET colleges to unlock full potential

    Source: South Africa News Agency

    Higher Education and Training Deputy Minister, Dr Mimmy Gondwe, has called for the rebranding of Technical and Vocational Education and Training (TVET) colleges, to help them realise their full potential.

    Gondwe made the call during an Education World Forum (EWF), held recently in London, United Kingdom (UK).

    The Deputy Minister led the South African delegation from the Department of Higher Education and Training (DHET) at the EWF, which was held under the theme: “From stability to growth; building stronger, better, bolder education together.”

    The Education World Forum is the world’s largest annual gathering of education and skills ministers. The event provides excellent networking and peer learning opportunities for ministers from around the world to discuss the most pressing issues in the education space.

    This year’s Education World Forum explored a wide spectrum of critical issues surrounding the development of inclusive, responsive, and resilient education systems that drive equitable and sustainable socio-economic growth.

    It also facilitated reflection on innovative solutions to tackle today’s pressing global challenges, with a focus on leveraging technology, public-private partnerships, and international collaboration.

    The Deputy Minister participated in key discussions and engagements regarding themes, including girls’ education, fostering public-private partnerships to drive innovation in education, and promoting vocational education and skills development, as pathways to youth employment and economic growth.

    During a parallel session on vocational education and skills development, which included insights from Mauritius and Macedonia countries, Gondwe stressed a need for rebranding of TVET and community colleges, in order to make vocational education the first choice for students.

    “In South Africa, TVETs and community colleges are often the second or third choice for students, and I think this is due to the fact that universities obtain a lion’s share of our budget. Many students still wish to enrol at universities instead of technical colleges and our community colleges.

    “Therefore, I think we need to ensure that TVETs provide future skills that will contribute to economic growth and job creation, such as robotics, AI [Artificial Intelligence], and coding,” the Deputy Minister said.

    Strengthening public-private partnerships

    In another key parallel session on public-private partnerships in education, which included contributions from Paraguay, Botswana, and Hungary education ministers, Gondwe advocated for the strengthening of public-private partnerships within the higher education sector to enhance the absorption of students in the economy.

    She said her office has been working towards trying to leverage public-private partnerships, to ensure that students from the higher education sector can be absorbed into the economy as employees or create their own opportunities.

    “I believe it is important to strengthen public-private partnerships in order to tackle the high rate of youth unemployment in our country, which aligns with the priorities of the Government of National Unity (GNU), which include job creation and reducing poverty levels,” the Deputy Minister said.

    Insights from UK vocational colleges

    While in the UK, Gondwe visited Richmond upon Thames College – a public academic and vocational training college in London, to gain first-hand insights into how vocational training colleges operate in the UK.

    The college, which has over 2000 students, offers a variety of courses, including Forensic Science, Carpentry, Aviation, Computing and Information Technology Installation, and Medical Sciences.

    The college also boasts more than 1 500 engagements and partnerships with employers and its various courses designed by employers.

    The visit to the college provided valuable lessons and insights on how close collaboration between vocational training colleges and industries, can ensure that young people are equipped with skills that are in demand and needed by the economy. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI: Apollo Capital Calls Out MediPharm Chairman Chris Taves (Managing Director, BMO Capital Markets) for Failure to Properly Communicate to Shareholders Details of David Pidduck’s Past as CEO and VP of Marketing for OxyContin® Manufacturer Purdue Pharma

    Source: GlobeNewswire (MIL-OSI)

    Opioid-Pusher Pidduck, Chairman Chris Taves and the Current MediPharm Board Have Presided Over $1 Billion in Shareholder Value Destruction while funneling $5,587,059 of the Shareholders’ Money Directly into Pidduck’s Pocket

    Apollo Capital’s Six Director Nominees Are Committed to Restoring Transparency and Value to MediPharm’s Shareholders

    URGES SHAREHOLDERS TO DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD AND VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today issued a statement regarding CEO David Pidduck’s background as former CEO & President of Purdue Pharma Canada (“Purdue Pharma”).

    Fellow shareholders deserve to know the truth regarding CEO David Pidduck. As stewards of a publicly traded company, MediPharm’s Board of Directors (the “Board”) have a responsibility to uphold transparency, accountability, and good governance. The current Board, which has overseen $1 billion of shareholder value destruction, and which has presided over an eye-watering 99% share price decline, is focused on downplaying Mr. Pidduck’s past, rather than its responsibilities to shareholders. Indeed, there was absolutely no reference to Pidduck’s role at Purdue Pharma, or of Purdue Pharma’s culpability in creating the opioid epidemic, in the Company’s press release announcing Mr. Pidduck’s appointment as CEO.

    Let’s look at the facts:

    From 2014 until December 2021, David Pidduck served as VP of Marketing, and then CEO & President of Purdue Pharma.

    As reported in the Globe and Mail, “More than 34,000 Canadians have died from opioids between January 2016, and September 2022, according to federal government data.”1

    In 2017, Purdue Canada agreed to pay $20 million to settle a class-action lawsuit involving allegations about how its pain pills were over-marketed, with the suit claiming that Purdue Pharma had engaged in deceitful marketing practices. In an interview with the CBC, Dr. David Juurlink, a drug safety researcher at the University of Toronto posited that, “the fair question that might be asked is did Purdue engage in questionable or even illegal activities in the marketing of OxyContin® in Canada.”2

    In 2020, Purdue Pharma’s U.S. entity pleaded guilty to three criminal charges over the handling of its painkiller OxyContin®, including conspiring to defraud officials and paying illegal kickbacks to doctors in a bid to keep prescriptions flowing.3

    In 2022, it was announced that Purdue Pharma agreed to pay a $150 million settlement in a proposed class action launched in 2018 on behalf of all provincial, territorial and federal governments, alleging that opioid manufacturers and distributors engaged in deceptive marketing practices that amplified addiction, destroying countless lives and killing of thousands of people. This remains the largest settlement of a governmental health claim in Canadian history.4

    Apollo Capital asks its fellow Shareholders – do you feel like Medipharm Chairman Chris Taves fulfilled his fiduciary duty, and even his moral duty to you, to make you aware of Opioid- Pusher Pidduck’s past with Purdue Pharma when he hired him as the CEO to steward your investments?

    Apollo Capital asks its fellow Shareholders – do you feel like Medipharm Chairman Chris Taves properly represented Pidduck’s past to you when he asked you on multiple occasions to vote on Opioid-Pusher Pidduck’s outrageous and off-market compensation package?

    Apollo asks its fellow Shareholders – do you feel like the details of Pidduck’s very recent past were MATERIAL facts that Medipharm Chairman Chris Taves should have made crystal clear to you so that you could have made a more informed decision before voting for nearly SIX MILLION DOLLARS of YOUR money to end up in Opioid-Pusher Pidduck’s pocket?

    While Shareholders have suffered immense losses with no path to stop the bleeding, Mr. Pidduck has benefited from the Board’s largesse with an excessive and off-market compensation package that has funneled $5,587,059 of Shareholders’ money directly to Pidduck, despite MediPharm’s share price plummeting nearly to zero.

    Shareholders should demand accountability from the Board at the 2025 Annual and Special Meeting of Shareholders on June 16, 2025. Apollo Capital has nominated six highly qualified individuals; namely, Regan McGee, Scott Walters, David Lontini, Demetrios Mallios, John Fowler and Alan D. Lewis (the “Apollo Nominees”) to replace the incumbents and hold the Board accountable for destroying one billion dollars of shareholder value, enriching themselves at your expense, and enabling a CEO whose actions have driven operational and strategic failure and arguably much, much worse.

    ___________

    The opioid crisis continues to be devastating for people across the country in terms of lives lost, families torn apart and the impact on our health care frontline staff.

    Victims who before February 28, 2017 were prescribed in Canada and ingested OxyContin® tablets and/or OxyNEO® tablets, can visit https://oxycontinclassactionsettlement.com/ for more information.

    __________

    MediPharm Labs Shareholders can visit www.CureMediPharm.com, to sign up for important campaign updates.

    To access Apollo Capital’s Circular and related proxy materials, including a proxy or voting instruction form, visit SEDAR+ at www.sedarplus.ca.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting, Apollo Capital has filed an amended and restated dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo Capital’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo Capital nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors, the election of directors, the appointment of auditors and the approval of the ordinary resolution approving, among other things, the Company’s amended and restated equity incentive plan dated May 8, 2025 and the unallocated awards available thereunder.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo Capital and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo Capital disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    __________________________________________________
    1 Source: The Globe and Mail, “McKinsey pitched Purdue Pharma Canada on plan to boost opioid sales in 2014, memo reveals”, 6/19/2023, https://www.theglobeandmail.com/politics/article-mckinsey-opioid-lawsuit-purdue-pharma/.
    2 Source: CBC, “OxyContin maker agrees to $20M settlement in Canadian class-action case”, 5/1/2017, https://www.cbc.ca/news/health/oxycontin-class-action-1.4093781
    3 Source: U.S. Department of Justice, “Opioid Manufacturer Purdue Pharma Pleads Guilty to Fraud and Kickback Conspiracies”, 11/24/2020, https://www.justice.gov/archives/opa/pr/opioid-manufacturer-purdue-pharma-pleads-guilty-fraud-and-kickback-conspiracies
    4 Source: Ontario Minitstry of the Attorney General, Opioid Damages Settlement Secured with Purdue Pharma (Canada), 6/29/2022, https://news.ontario.ca/en/bulletin/1002169/opioid-damages-settlement-secured-with-purdue-pharma-canada

    The MIL Network –

  • MIL-OSI: Standard Premium Finance Holdings Announces $250,000 Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 27, 2025 (GLOBE NEWSWIRE) — Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), a leading specialty finance company, today announced that its board of directors approved a stock repurchase program where the Company may purchase up to $250,000 of common stock in privately negotiated transactions over a six-month period, expiring November 2, 2025. The program will depend on market conditions, stock price, regulatory requirements and limitations, corporate liquidity requirements, priorities and other factors.

    “The stock repurchase program reflects our confidence in the strategic direction, growth prospects and financial strength of the Company to support our strategic objectives,” says William Koppelmann, CEO, Standard Premium. “The program provides flexibility to return capital to shareholders and demonstrates the long-term value of our business model.”

    The program does not require the Company to purchase any particular number of shares and there is no guarantee as to the number of shares that will be purchased. The timing and price of repurchases, and the actual number of shares repurchased under the program will be at the discretion of management.

    “The repurchase program is an efficient use of capital and a reflection of our disciplined approach to growth and value creation,” added Koppelmann. “As we continue to execute our acquisition strategy and expand our national footprint, we remain focused on delivering long-term returns for our shareholders.”

    The repurchase program aligns with the Company’s record profitability in FY 2024 and Q1 2025, reflecting continued financial momentum and operational strength.

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

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

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

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

    The MIL Network –

  • MIL-OSI: ibex Appoints Ricky Fields as Global Head of Business Development for Wave iX

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, May 27, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced the appointment of Ricky Fields as Global Head of Business Development for ibex Wave iX, the company’s next-gen AI solutions platform that is redefining the customer experience (CX) industry.

    In this role, Fields will report directly to Carl O’Neil, EVP and GM of Wave iX, Augment, and ibex CX. He will spearhead the company’s new go-to-market strategy as ibex scales Wave iX across industries seeking high-performance, non-human agent solutions that deliver seamless, fully autonomous customer experiences.

    “ibex is the proven leader in AI for CX, delivering breakthrough AI solutions that transform how businesses engage with their customers,” said Bob Dechant, CEO of ibex. “We manage hundreds of millions of customer interactions for the world’s top brands across major industries and provide unmatched business insights, making ibex the ideal CX partner to ensure digital transformation success. With Ricky driving our Wave iX go-to-market efforts, we’re positioned to reset the industry standard for customer experience and create unprecedented value for our clients.”

    Fields brings more than 25 years of experience scaling transformative technology at leading companies including Google, HPE, Cloudflare, and Avaya. His unique blend of strategic vision, technical expertise, and customer-first focus will be instrumental as ibex aggressively pursues its BPO 3.0 strategy and positions Wave iX as the leading AI-native CX platform.

    Fields’ passion for reimagining customer engagement aligns perfectly with ibex’s vision to modernize legacy CX models. In his new role, Fields will help accelerate ibex’s evolution as the Generative AI CX leader by unlocking new opportunities where intelligent AI agents deliver scalable, high-impact outcomes. Under his leadership, Wave iX is poised to further drive new revenue through AI, business insights, and operational excellence.

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of approximately 30 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of more than 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/585aee8d-87ff-43c4-9dc3-c972cfcfb84a

    The MIL Network –

  • MIL-OSI: Varonis at Infosecurity Europe 2025: Automating Data Security for the AI Era

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and LONDON, May 27, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced its full event schedule for Infosecurity Europe 2025, taking place June 3 – 5 at ExCeL London. Varonis proudly returns to present expert sessions on strengthening cyber resilience, mastering proactive security, and modernizing DLP for today’s threat landscape.

    Stop by Varonis’ Booth D60 to learn how Varonis reduces risk to data in the age of AI. While there, learn how Varonis helps customers identify and mitigate threats across IaaS and SaaS, safeguard sensitive data, and boost compliance with privacy regulations automatically.

    Highlights at Infosecurity Europe 2025:

    Expert Session – CISO Secrets: Strengthening Cyber Resilience in 2025. Varonis’ Dr. William Priestley will share the data-centric security playbook built from conversations with top CISOs and cybersecurity leaders across manufacturing, finance, healthcare, and other industries.

    Date: Tuesday, June 3, at 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage

    Expert Session – Modernizing DLP for Today’s Threat Landscape. Varonis Field CTO Matt Lock will delve into next-gen DLP, an approach aligning modern collaboration with cloud-first detection and prevention. You’ll see how rethinking DLP can help you cut through noise, reduce workloads, and automate security posture.

    Date: Tuesday, June 3, 3:15 p.m. – 3:40 p.m.
    Location: Cyber Strategy stage

    Expert Session – Mastering Proactive SaaS Data Security. Varonis’ Dave Philpotts will cover the complexities of securing SaaS applications and the approach needed to enhance your security posture and prevent data breaches.

    Date: Wednesday, June 4, 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage 

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    The MIL Network –

  • MIL-OSI: Strive Asset Management and Asset Entities (Nasdaq: ASST) Announce $750M Private Investment to Fund First Wave of Bitcoin Accumulation

    Source: GlobeNewswire (MIL-OSI)

    • Transaction to raise up to $1.5 billion in total proceeds upon exercise of warrants, which would make Strive Asset Management one of the largest Bitcoin treasury companies.
    • The combined company will continue to have no outstanding debt for borrowed money after this financing.
    • Strive CEO Matt Cole to discuss the company’s proposed alpha-generating Bitcoin strategies during his 11:54 AM PT keynote on May 27, 2025 at the Bitcoin for Corporations Symposium in Las Vegas, Nevada.

    DALLAS, May 27, 2025 (GLOBE NEWSWIRE) — Asset Entities (Nasdaq: ASST) and Strive Asset Management today announced the signing of a $750 million private investment in public equity (PIPE), with an additional $750 million in potential financing upon the exercise of warrants, which could increase total potential proceeds to $1.5 billion. Upon closing of the transactions, the proceeds are expected to support the company’s first wave of Bitcoin acquisitions, with the goal of establishing Strive Asset Management as the first Bitcoin treasury company focused on long-term Bitcoin outperformance through the implementation of alpha-generating strategies, in addition to the company’s plans to implement known beta strategies used by incumbent Bitcoin treasury corporations.

    A select group of leading institutional investors and Strive’s management team, including CEO Matt Cole, participated in the financing, which is expected to close concurrently with the transaction under the merger agreement between Strive Asset Management and Asset Entities.

    “Most Bitcoin treasury companies are valued based on multiples to their Bitcoin holdings, which makes sense because their strategies are tied to leveraged beta to Bitcoin,” said Matt Cole, CEO of Strive. “By contrast, our alpha-generating Bitcoin accumulation strategies are designed to drive sustained outperformance relative to Bitcoin itself, which requires a new valuation framework.”

    Strive Asset Management’s first wave of alpha-generating Bitcoin accumulation strategies include:

    • Unlocking discounted cash through acquisitions of biotech companies trading below their net cash position, which Strive views as a multi-billion dollar opportunity, and one where Strive believes it has a distinctive competitive advantage due to its founding and management team.
    • Acquiring distressed Bitcoin claims—such as Mt. Gox claims—at discounts to Bitcoin NAV, a market opportunity estimated to be over 75,000 BTC, through Strive’s recently announced strategic partnership with 117 Partners LLC.
    • Positioning itself to become a market leader in purchasing bottom tranches of structured Bitcoin credit vehicles, at discounted prices.

    The PIPE was priced at $1.35 per share of common stock, representing a 121% premium to the closing price of Asset Entities (NASDAQ:ASST) immediately before its merger announcement with Strive Asset Management. The exercise price for warrants in this PIPE transaction is $1.35 per share. Strive elected not to raise any debt financing in this transaction, to preserve maximal leverage capacity in the future to optimize returns for common equity.

    Strive will further discuss its alpha strategies during Matt Cole’s 11:54 AM PT presentation today at Bitcoin for Corporations in Las Vegas, Nevada. The presentation is expected to be streamed by the conference later in the day.

    The financing transaction is subject to customary closing conditions, including approvals from the shareholders of both Strive and Asset Entities.

    Advisors

    Cantor Fitzgerald & Co. served as exclusive financial advisor to Strive. In addition, Cantor Fitzgerald & Co. served as exclusive placement agent for the PIPE financing.

    Davis Polk & Wardwell LLP is acting as legal advisor to Strive.

    DLA Piper LLP (US) acted as legal advisor to Cantor Fitzgerald & Co.

    Bevilacqua PLLC is acting as legal advisor to Asset Entities.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities Inc.

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drive traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Asset Management

    Strive Asset Management is an asset management firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management recently announced plans to become the first publicly traded asset management Bitcoin treasury company. The company is focused on outperforming Bitcoin over the long run by combining traditional Bitcoin treasury company leveraged beta strategies with novel alpha-generating strategies.

    After launching its first ETF in August 2022, the company has grown to manage ~$2 billion in assets.

    Learn more at strive.com

    Company Contacts:
    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:
    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Strive and Asset Entities, Inc. (“ASST”), respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions, include, among others, the following:

    • the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the Merger Agreement;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive or ASST operate;
    • the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected;
    • the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events;
    • the diversion of management’s attention from ongoing business operations and opportunities;
    • potential adverse reactions of Strive’s or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing; and
    • other factors that may affect future results of Strive, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive’s, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s, ASST’s or the combined company’s results.

    Although each of Strive and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://assetentities.gcs-web.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive’s or ASST’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    Strive, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network –

  • MIL-OSI: Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha” or the “Company”), a leading fintech platform serving the Bitcoin mining ecosystem, today announced strategic initiatives to strengthen its treasury plan and expand its product offering. 

    Strategic Allocation into Tether Gold (XAUt)
    Antalpha intends to allocate up to US $40 million equivalent in XAUt at market price from now until June 30, 2026. The Company views this allocation as a strategic hedge against macroeconomic volatility, a tool to diversify its institutional collateral base, and a means to offer its clients access to stable-value lending solutions to hedge against periods of market uncertainty. The Company believes that XAUt offers strong strategic value for institutional asset allocation, particularly in its potential to withstand crypto market cycles and support diverse financial applications. XAUt will be a cornerstone collateral asset in Antalpha’s loan structure, enabling the Prime platform to scale its financing business with improved resilience and greater stability.

    XAUt Product Integration
    Antalpha plans to acquire XAUt and secure such digital assets to obtain funding for its lending operation. In line with this strategy, the Company’s product and risk management teams are working jointly to upgrade its MPC capabilities and account features on the Antalpha Prime platform. Additionally, the Company plans to launch a dedicated portal on its website to provide near real-time information on XAUt and the corresponding underlying physical gold holdings, further enhancing asset transparency and client confidence.

    Multi-Asset Collateral Strategy to Expand Addressable Market and Improve Risk Management Capability
    Antalpha remains focused on its core lending business and is committed to developing scalable financing solutions for different business lines with long-term growth potential. In addition to accepting Bitcoin and mining-machine collateral for its crypto financing, the Company plans to expand its addressable market by accepting new forms of collateral, including XAUt and GPU for AI compute, to build a more flexible and scalable digital-asset lending business. In addition, we plan to expand our business relationship with Northstar and enable them to provide Ethereum margin loans on the Antalpha Prime platform. Antalpha plans to broaden its business lines as follow:

    • XAUt–Collateralized Loans will begin accepting XAUt as collateral to improve collateral value stability for supply-chain financing;
    • AI Compute Financing will begin providing institutional loans for investment in AI compute using AI GPUs as loan collateral; and
    • Ethereum Margin Loans will expand Northstar’s margin loan offering on Antalpha Prime to enable borrowers to secure digital asset financing with Ethereum, in addition to Bitcoin.

    “We are building Antalpha for the long term, with transparency, prudence and risk management at the core,” said Paul Liang, Chief Financial Officer of Antalpha. “Our digital gold strategy and new lending business lines reflect our willingness to listen to our clients’ needs and lead the digital asset financing industry with innovative institutional-grade lending solutions while strengthening our risk-management capabilities.”

    These new initiatives reinforce Antalpha’s vision as a leading, trusted, crypto-native infrastructure partner in the digital asset financing industry.

    About Antalpha
    Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.

    About Tether Gold
    XAUt is a digital token issued by TG Commodities Limited, a Tether Group company. Each token represents ownership of one troy ounce of fine gold on a London Good Delivery gold bar, held in custody by a third-party custodian in a secure Swiss vault. The token is issued on both Ethereum (ERC-20) and Tron (TRC-20) blockchains, providing institutional and DeFi participants with 24/7 access to highly liquid, gold-backed assets. 

    Contact
    Investor Relations: ir@antalpha.com

    Safe Harbor Statement
    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    The MIL Network –

  • MIL-OSI: Orchid Security’s State of Identity Security 2025 Report Reveals Alarming Gaps in Application Identity Controls

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS and NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Identiverse — Orchid Security, the company bringing clarity to the complexity of enterprise identity security, today released its inaugural State of Identity Security 2025 report. Orchid’s analysis shows nearly half of enterprise applications violate basic credential-handling guidance, 44% undermine centralized IdP policies and 40% fall short of widely accepted identity-control standards. These shortcomings expose organizations to heightened audit findings, compliance penalties and breach risk.

    Complementing traditional industry research based on post-incident findings, the report presents a proactive analysis of the state of identity controls. Unlike assessments of external exposures, Orchid analyzes authentication flows and authorization practices embedded deep within enterprise applications. These insights span financial services, healthcare, manufacturing, retail, energy and other sectors – offering the first large-scale view into unseen and often overlooked identity practices, and in doing so, exposing hidden vulnerabilities and compliance gaps.

    Orchid will showcase these findings and its Identity-First Security platform at Identiverse 2025, taking place June 3-6 in Las Vegas.

    The report’s findings come at a critical time in the industry. The recently released 2025 Verizon Data Breach Investigation Report confirms that stolen credentials are once again the most common initial access method leading to breaches. Similarly, Crowdstrike’s Threat Report observes that “​​every breach starts with initial access, and identity-based attacks are among the most effective entry methods.” As threat actors focus on “logging in” via stolen credentials rather than “hacking in,” understanding and eliminating identity security gaps becomes a top priority for CISOs and identity providers.

    Key findings from Orchid’s research:

    1. Clear-text credentials found in nearly 50% of applications
      Given that no code is impenetrable and weaknesses as well as their exploit, are a fact of life, masking or encrypting credentials – ideally in an identity store but certainly when coded into applications – is a security imperative. In nearly half of the binary-level assessments conducted, Orchid’s LLM-powered analysis uncovered clear-text credentials. These were normally associated with alternative access flows, often for non-human accounts, but they also present an easy target for threat actors seeking entry or lateral movement.
    2. 44% of applications bypass Identity Providers (IdP)
      While (IdPs) are very common within enterprises and a valuable tool to centralize secure authentication practices, 44% of the time no IdP was utilized by at least one authentication path offered by the application. This is often due to application-level constraints, particularly around integrating with third-party or legacy systems. While understandable, especially in support of external access scenarios, these siloed authentication paths create significant operational challenges. Because they sit outside the centralized IAM framework, these non-standard directories are frequently excluded from routine joiner, mover, and leaver (JML) processes. As a result, they can become outdated, unmanaged and ultimately represent a growing blind spot that increases organization’s exposure to identity-related cyber risk.
    3. ~40% of apps lack identity control basics
      Basic best practices to maintain identity security include monitoring and even rate controlling login attempts, implementing account lockout after a certain number of failed attempts, enforcement of password complexity, token lifetime configurations and more. Unfortunately, each of these was found to be missing roughly 40% of the time. We know that most application developers are valued for their creativity, as it spurs innovation, but that spirit can make the consistent implementation of standards across applications a challenge.

    “These identity security gaps are by no means a reflection on today’s identity and access management teams,” said Roy Katmor, CEO and co-founder of Orchid Security. “The reality is, with the average enterprise relying on more than 1,200 applications – some developed and deployed globally, others introduced by regional offices or specific lines of business – it is a huge challenge to simply know all of the apps in use. Let alone to fully understand not only the standard audited identity flows, but also all feasible authentication pathways and authorization attributes within each application. That complexity is only compounded by the fact that, until now, the process has been largely manual.”

    Orchid’s recommendations for reducing identity risk

    Orchid Security notes that there are a variety of common tools and methods that enterprises can use to assess their environments for identity security exposures, including:

    • Static Application Security Testing (SAST): Code analysis during the development phases can easily be configured to look for hard-coded credentials, including those stored in clear text. Applications developed without a SAST tool should also be subject to code reviews looking for these practices as part of the release process.
    • Architecture reviews: The use of identity providers (IdPs) should be a standard design requirement, enforced during design reviews.
    • Monitoring tools: Basic log monitoring and Security Information and Event Management (SIEM) products will show you whether basic identity security hygiene is in place.
    • Penetration testing: Identity is the most common way in for threat actors, as well as those acting as them for security assessment. Testing for common identity weaknesses should be included.

    “Organizations can no longer afford to overlook identity as a central element of their security posture,” said Katmor. “Even without automated tools such as Orchid Security in place, there are practical steps teams can take, from manual code reviews to architecture and monitoring enhancements. Identity remains the most common attack vector, and proactive, layered assessment is key to reducing exposure.”

    Methodology

    Orchid Security performed automated, binary‑level assessments of applications in production environments across North America and Europe between January and April 2025. Rather than observing primary user interactions, Orchid mapped every identity flow built into each application – including legacy, third‑party and service‑account paths – to surface controls that could be subverted by threat actors. The State of Identity Security 2025 report aggregates the most gaps revealed by those assessments in order to surface those that are most common.

    Visit Orchid at Identiverse 2025 in the Startup Alley (SU21) June 3-6.

    To learn more about the current state of identity security, download Orchid’s State of Identity Security report.

    For more information on Orchid’s Identity-First Security platform, visit the website.

    About Orchid
    Orchid Security is an identity security orchestration platform—leveraging Open Telemetry, Prompt Engineering and Large Language Models (LLMs)—to unify and secure complex identity environments across enterprises. Founded by AI and cybersecurity experts Roy Katmor, Robert Weisman, and Ido Kelson, and backed by Intel Capital and Team8, Orchid enables large organizations to reduce the costs and effort of identity and access management (IAM), while maintaining compliance and security across their digital infrastructure. Its platform facilitates the continuous discovery of both self-hosted and SaaS applications, assessment of their native identity controls (and gaps), and remediation of compliance and cyber exposure from a single point of control—without extensive effort or application recoding.

    Media Contact
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    The MIL Network –

  • MIL-OSI: Channel Factory Launches Intelligence Suite and AI-Powered Products to Maximize Ad ROI and Contextual Precision

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising platform, is introducing Channel Factory Intelligence, along with two new AI-driven solutions to streamline media intelligence: the Media Intelligence Hub, a unified reporting dashboard, and the Chatbot Assistant, Channel Factory’s first personalized AI data analyst.

    Channel Factory Intelligence is powered by machine learning and is the result of the company’s multi-year investment in building proprietary AI models and algorithms. Additionally, the fully integrated AI product suite contains Channel Factory’s newest AI solutions, incorporating both unparalleled brand suitability and contextual precision across digital video platforms while ensuring advertisers maximize return on ad spend with advanced optimization.

    As advertisers continue to reckon with a lack of critical insights when executing campaigns across multiple platforms, many existing AI solutions seek to rectify this issue by demanding a trade-off of control and transparency. Channel Factory Intelligence eliminates that compromise and acts as a “second brain” to deliver precise, optimized campaign insights while maintaining complete visibility. Based on an independent verification study conducted by PwC, Channel Factory has significantly optimized ad performance for advertisers, reducing media waste by more than 20% and achieving 99% accuracy in content categorization—delivering maximum efficiency, precision, and ROI.

    The two new analytics, live insights, and reporting tools announced today are the first products available within the new intelligence suite and can be leveraged via Channel Factory’s AI-driven media activation and optimization proprietary platform for cross-platform campaigns, ActivateIQ.

    Media Intelligence Hub is a customizable dashboard that centralizes campaign data, cross-platform, and surfaces foundational insights, such as total media cost, delivery, and performance. Instead of juggling multiple reports, advertisers get a clear and singular view that reduces inefficiencies, breaks down data silos, and supports faster, smarter decision-making.

    The hub enables advertisers to move from reactive to proactive strategies, while built-in machine learning forecasts trends, automates reporting, and provides optimization recommendations in real-time. Advertisers can adjust their budgets on the go and significantly improve ROI by reducing media waste with live tracking of planned versus actual spending and delivery.

    Also launching today is the new Chatbot Assistant, Channel Factory’s first personalized AI data analyst, embedded within ActivateIQ. By combining real-time analytics with Channel Factory’s industry-leading contextual intelligence, the assistant helps advertisers make instant adjustments to campaigns, content, and ad spend, preventing waste on the wrong audiences or markets. The assistant delivers curated campaign performance summaries that offer much-needed transparency between ad agencies and their technology partners.

    “Channel Factory isn’t just a vendor but they’re a strategic extension of our team. Their understanding of contextual targeting, smart optimization, knowledge of the product and platforms they work on, and collaboration, has helped us unlock stronger outcomes for our clients. They consistently ensure our campaigns are performing, efficient, brand-safe, and impactful at scale,” said Mark Kwak, Director, Paid Social and Programmatic at Starcom.

    “Running ad campaigns requires you to dig through mountains of data. Some of it is valuable, but so much can be insignificant, forcing you to spend time digging through unnecessary metrics to find actionable insights. Our industry is only tapping the surface of what’s possible when you can apply AI to solve this problem,” said Anudit Vikram, Chief Product Officer at Channel Factory. “Our new Chatbot Assistant and Media Intelligence Hub surface the insights that truly drive performance, giving advertisers the clarity they need to make confident, strategic decisions.”

    About Channel Factory
    Channel Factory is a global technology and data platform that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologies, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI: OSS to Attend NVIDIA GTC Paris 2025

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., May 27, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leading provider of rugged, enterprise-class compute solutions for AI, machine learning (ML), and sensor processing at the edge, and an NVIDIA TIER 2 OEM and a NPN Elite Partner, today announced its participation in the upcoming NVIDIA GTC Paris Conference. The event takes place at the Paris Expo Porte de Versailles in Paris, France, on June 11–12, 2025.

    “NVIDIA is a valued long-time partner,” stated OSS President and CEO, Mike Knowles. “GTC Paris provides a premier platform to showcase our rugged, enterprise-class compute solutions designed for large-scale, data center-class AI, autonomy, and sensor fusion applications in edge environments.”

    Visitors to NVIDIA GTC Paris can experience OSS’s specialized AI computing solutions at Booth E07. Representatives from Bressner, OSS’s European subsidiary, will also be present and exhibiting at the conference.

    NVIDIA GTC Paris, organized in partnership with VivaTech 2025, brings together developers, researchers, business leaders, and technical experts to explore real-world applications of AI and accelerated computing. The event features live demos and sessions on generative AI, industrial digitalization, robotics, large language models, and more.

    For product inquiries or to schedule a meeting, contact OSS sales engineers at sales@onestopsystems.com or call +1 (877) 438-2724.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of current or future programs, the future adoption of technologies or applications, or the potential benefit of attending NVIDIA GTC Paris. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI: ila Bank partners with Mastercard to launch innovative solutions and expand into new markets

    Source: GlobeNewswire (MIL-OSI)

    MANAMA, Bahrain, May 27, 2025 (GLOBE NEWSWIRE) — ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank’s proposition across consumer products, launching new affluent, travel products and loyalty offerings.

    ila Bank will leverage Mastercard’s expertise to introduce loyalty program that supports cardholders’ lifestyle, providing added value across a wide range of areas, including dining, luxury shopping, travel and priceless experiences. The new product line will also leverage enhanced fraud solutions and privacy protection to secure every transaction.

    Mohamed Almaraj, ila Bank CEO, said, “ila has always been about the customer. We are proud to have maintained our commitment to offering customer-centric solutions and experiences in a growingly cashless economy, and this strategic agreement furthers the ila promise of ‘banking that reflects you’. Renewing our engagement with Mastercard will strengthen our standing as the frontrunner in the region’s digital payments landscape by offering the most seamless, secure and future-focused product portfolio that provides unparalleled premium benefits.”

    Adam Jones, Mastercard’s Division President for West Arabia, said, “In line with our shared commitment to driving innovation across the digital ecosystem, our long-standing relationship with ila Bank focuses on delivering customer-first solutions that help ensure a secure and rewarding banking experience. We will continue to provide our partners with enhanced product offering, supporting regional expansion.”

    Mastercard has been a trusted partner of ila Bank from the outset, supporting the bank’s strategy Together, they have introduced several innovative propositions to the market, including the multi-currency debit program, the Pay with Rewards loyalty program and the Mastercard airline co-brand with Gulf Air in Bahrain.

    Since its establishment in 2019, ila Bank has been dedicated to addressing the dynamic needs and lifestyles of its customers with bespoke banking solutions. The digital, mobile-only bank, well-received both domestically and regionally, currently offers a range of card products, including debit, credit and prepaid cards, that provide unparalleled bonus advantages and a personalized loyalty reward system.

    Other innovative products accessible through the award-winning ila app include smart digital saving tools, like Hassala and Jamiya, as well as Al Kanz, ila’s prize account that awards substantial cash prizes to lucky customers throughout the year.

    About Mastercard
    Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

    www.mastercard.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a838d1fe-d20b-4879-8e41-152c9e78b0a4

    The MIL Network –

  • MIL-OSI: Cheap Psychic Readings [$0.99/Min] Best Cheap Phone Psychics for Affordable Readings in 2025

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, May 27, 2025 (GLOBE NEWSWIRE) — — Are you searching for insight into your future without breaking the bank? You’re not alone. Many people want spiritual clarity but hesitate due to high prices. Fortunately, cheap psychic readings are now more accessible than ever. With a wide range of affordable psychics available online and over the phone, getting the answers you need is just a call or click away.

    ⇒ Talk to experienced and trusted cheap psychics offering free trial readings!

    You don’t need to spend a fortune to receive quality spiritual guidance. With so many reliable and cheap psychics available online and by phone, connecting with your higher path is more affordable than ever. Explore affordable psychic readings today and discover how much clarity and peace of mind are just a session away.

    The Psychic Experts, a reputable platform known for reviewing top psychic services, has released its 2025 report featuring the best affordable psychic readings online. The report reveals a rising trend: more people are turning to trusted, low-cost advisors for guidance on love, career, and emotional clarity. With growing demand for cheap phone psychics and live chat readings, this guide helps users find accurate, budget-friendly psychic services they can trust.

    ⇒ Connect with affordable psychics who deliver real answers!

    Why Choose Cheap Psychic Readings?

    Contrary to popular belief, a cheap psychic reading doesn’t mean low quality. Many trusted and gifted psychics offer discounted or promotional rates to make their services more accessible. These cheap psychics often deliver the same level of accuracy, empathy, and spiritual guidance as higher-priced readers, especially on reputable online platforms.

    Whether you’re looking for answers about love, career, family, or finances, affordable psychic readings can provide meaningful insights without straining your budget.

    ⇒ Talk to cheap psychics you can trust – free trial readings included!

    Top Benefits of Cheap Phone Psychics

    Cheap phone psychics offer incredible convenience. You can connect with a psychic instantly from the comfort of your home, eliminating travel time and added costs. Phone readings are especially ideal for those who value privacy or need guidance during stressful moments.

    Here are a few reasons people choose cheap phone psychics:

    • Immediate access to guidance during tough decisions
    • Flexible scheduling, day or night
    • Anonymity and emotional comfort
    • Affordable rates without compromising quality

    ⇒ Connect now for cheap psychic readings that are accurate and affordable!

    How to Find Affordable Psychics You Can Trust

    When looking for affordable psychics, it’s essential to choose a platform with verified readers and positive user reviews. Many well-known psychic websites offer introductory deals, such as:

    • First 3 minutes free
    • $1 per minute specials
    • Discounted first readings

    These promotions let you test a psychic’s style and accuracy before committing to a longer session.

    Get the best cheap psychic readings from trusted and accurate advisors. Affordable, real insights from cheap phone psychics ready to guide your path today.

    ⇒ Connect with affordable psychics offering free trial readings!

    What to Expect During a Cheap Psychic Reading

    A cheap psychic session can be just as enlightening as a premium one. The key is to approach the reading with an open mind and clear intentions. Whether your session is over chat, phone, or video, prepare your questions in advance and be honest with your psychic.

    Common reading types include:

    • Tarot card readings
    • Astrology reports
    • Love and relationship readings
    • Career guidance
    • Spiritual and life path coaching

    ⇒ Discover the best cheap psychics for love, career, or life decisions

    Tips to Maximize Your Affordable Psychic Readings

    To get the most out of your session:

    1. Write down your questions ahead of time.
    2. Choose a quiet, private space for your reading.
    3. Stay open and relaxed to receive clear guidance.
    4. Take notes during or after the reading.
    5. Follow up if needed — many platforms allow reviews or follow-up sessions.

    Explore accurate and affordable guidance with cheap psychic readings. Connect instantly with the best cheap phone psychics trusted by thousands.

    ⇒ Connect instantly and get free minutes with top-rated cheap psychics!

    As search interest grows for terms like “cheap psychic,” “cheap psychic readings,” and “affordable psychic readings,” it’s clear that accessibility is now just as important as accuracy. That’s why The-Psychic-Experts.com is committed to helping users find trusted, insightful services that don’t come with a high price tag.

    Unlike generic directories filled with marketing hype or vague listings, this guide was designed to provide real answers to real questions: Are psychics legitimate? Can you chat with a psychic online for free before paying? What are the best platforms for psychic phone readings on a budget?

    To answer these questions, The-Psychic-Experts.com reviewed platforms offering flexible options, such as chat or phone formats, transparent pricing, and specialties like love readings, energy healing, and mediumship. Special attention was given to services offering trial minutes, clear pricing, and affordable access to accurate guidance, helping users make informed choices without overspending.

    ⇒ Talk to cheap phone psychics for quick, accurate insights!

    The goal is to make it easy for users to find a cheap psychic without compromising on quality, accuracy, or privacy. Whether you’re looking for a quick live chat or a longer phone psychic reading, this guide connects you with options that suit both your budget and emotional needs.

    Trusted, accurate, and affordable — explore the best cheap psychic readings with top-rated cheap phone psychics who deliver real answers that matter.

    ⇒ Connect instantly with affordable and trusted cheap psychics!

    How The Psychic Experts Rank the Best Cheap Psychic Reading Services in 2025

    The psychic experts evaluate psychic reading platforms using a detailed and independent review system. The aim is to give users a clear understanding of what to expect from affordable psychic services before committing time or money. Every service reviewed is analyzed through several key criteria designed to ensure that the recommendations are trustworthy, accessible, and aligned with user expectations.

    Unlock your future with affordable and accurate cheap psychic readings. The best cheap phone psychics are available now for trusted, insightful advice.

    ⇒ Talk now to cheap phone psychics with a free trial offer!

    Price Transparency

    One of the most essential factors in the ranking process is pricing clarity. Services showing per-minute rates, trial offers, and refund terms are rated higher than those that obscure fees behind layered credit systems or hidden conditions. A primary concern among new users is being charged without fully understanding how pricing works. To address this, only platforms that provide upfront pricing and clearly explain the cost of cheap psychic readings were considered for the final list.

    The guide also places value on services that offer a low-cost entry point—such as a few free minutes to try the service or no requirement for upfront credit card information. These features help users test the quality of a phone psychic or live chat session before deciding whether to continue.

    ⇒ Connect with the most accurate cheap psychics today!

    Service Accessibility (Chat and Phone Options)

    Accessibility is also a priority. The rankings focus on services that support chat and phone psychic readings, allowing users to choose the most comfortable format. Some prefer speaking with a psychic by phone for a more direct and personal exchange, while others are more at ease using a chat-based interface, especially when exploring sensitive topics in private.

    In both formats, accessibility across devices (mobile and desktop), language support, and the option for instant sessions were all evaluated. Services that made it easy to chat with psychics online, free of complicated signups or long wait times, were rated more favorably.

    Spiritual Accuracy and Professionalism

    To assess the quality of the readings themselves, The-Psychic-Experts.com uses controlled testing. A selection of readers from each service is evaluated through trial sessions designed to measure consistency, relevance, and tone. Services that employed psychics with clear, situation-specific insights scored higher in this category.

    The site does not promote guarantees of supernatural outcomes or unrealistic claims. Instead, the focus is on practical guidance delivered respectfully, with a tone that supports emotional clarity. Psychics who consistently offered helpful, grounded insights in phone and chat formats were favored in the final ranking.

    ⇒ Discover affordable guidance with cheap psychic readings!

    User Experience and Real Reviews

    Finally, user feedback plays a central role in the ranking process. Hundreds of verified customer reviews, across multiple sources, were analyzed to identify patterns. Common themes included satisfaction with pricing, responsiveness, emotional impact, and whether the session met expectations.

    Services with frequent complaints about billing confusion, rushed readings, or lack of availability were excluded from the top ranks. Instead, preference was given to platforms with steady user satisfaction and repeat engagement.

    No specific company or brand is named in this report. The goal is to offer general consumer guidance based on consistent patterns and user needs. This approach protects the editorial neutrality of The-Psychic-Experts.com and keeps the focus on experience quality rather than marketing.

    The result is a trusted resource for anyone seeking a cheap psychic who can offer reliable advice without financial risk or long-term commitment.

    ⇒ Discover cheap psychic readings with honest and trusted advisors!

    What Makes Cheap Psychic Readings Online a Practical Option in 2025?

    There’s a common misunderstanding that lower-cost services mean lower quality. The-Psychic-Experts.com’s 2025 guide proves that this is not the case when it comes to psychic readings. Affordable services can deliver valuable, emotionally supportive insights, especially when evaluated carefully.

    Access Anytime, Across Time Zones

    One of the most substantial advantages of online psychic services is 24/7 access. No matter where the user is located, they can connect with a phone psychic or live chat advisor at any hour. This removes scheduling barriers and allows quick access during personal crises, major decisions, or periods of emotional uncertainty.

    The guide highlights how services offering both live chat and phone readings are helping users avoid the long wait times often associated with in-person appointments. Whether someone wants to speak with a psychic directly or have a text-based conversation, availability is much more flexible than before.

    ⇒ Talk live with affordable and accurate cheap psychics!

    Lower Cost Doesn’t Mean Low Value

    Price is a significant concern for many people looking for guidance, but not everyone can afford sessions that cost $5 or more per minute. The services reviewed in this report offer alternatives starting at under $1 per minute or include trial minutes to test the service at no cost.

    The ability to speak with cheap phone psychics under traditional rates means more people can access emotional support without pressure. It also encourages repeat engagement, helping users build longer-term insight without financial strain.

    Quality was not compromised. Many users reported that their experiences with cheap psychics were as detailed and impactful as sessions they’d previously paid more for. What matters most is how clear, focused, and helpful the reading is, not how much it costs.

    ⇒ Talk to cheap psychics now and enjoy a free trial session!

    Private, Flexible Sessions

    Not everyone is comfortable discussing personal issues face-to-face. Many users prefer psychic chat sessions because they can stay anonymous while receiving direct answers. The live chat format is handy for first-time users or those who want to explore specific questions discreetly.

    Phone readings remain a preferred option for those seeking a more interactive experience. The connection can feel more personal with voice tone, pauses, and real-time responses. Both methods have benefits, and having the option to choose adds to the appeal of cheap psychic readings online.

    Services that allow users to chat with psychics online for free, at least for a few minutes, give an added layer of confidence. They reduce risk, support trust, and allow users to experience the process before paying for a longer session.

    User Control and Session Customization

    Cheap psychic services often allow users to filter by category, skill, and reading style. This level of control helps people match with psychics who specialize in what they’re going through—whether that’s a relationship issue, work stress, or spiritual uncertainty.

    Rather than relying on one-size-fits-all solutions, users can choose how long they want their session to be, how much they’re willing to spend, and what topics they want to discuss.

    ⇒ Connect with top-rated cheap phone psychics today

    Types of Cheap Psychic Readings Available Online in 2025

    As demand for affordable psychic services increases, so do the options available. The psychic expert’s latest report outlines the most common formats users can choose from when seeking insight and support. These services are built around flexibility—letting people decide how to connect, how much time they want to spend, and what information they hope to receive.

    Psychic Phone Readings

    Phone psychic readings continue to be one of the most requested formats. This method lets users speak directly with a psychic, offering a natural and real-time conversation. Many people feel more connected when they hear voice tone, emotion, and pacing—all of which help build trust during a reading.

    Phone sessions are ideal for those who want detailed discussions or have multiple questions that need follow-up. They’re also preferred by people dealing with emotionally complex topics like relationship decisions or long-term career questions. Because of their interactive nature, phone readings often allow for deeper follow-through and clarification.

    Phone psychic readings are offered at various price points. The report features several services where cheap phone psychics offer quality sessions under $2 per minute, with many providing free minutes upfront for first-time users.

    ⇒ Talk to psychic experts offering affordable phone readings!

    Live Psychic Chat Readings

    Chat-based readings are especially popular with users who prefer privacy or wish to remain anonymous. This format involves real-time messaging with a psychic advisor, often through a platform’s built-in chat tool.

    Many users choose this option because it gives them more time to think about what they want to say. It also creates a written transcript of the conversation, which can be helpful for review later. Live psychic chat is a common starting point for new users exploring the service without committing to a phone call.

    For those wondering if chat readings are as effective as phone ones, The-Psychic-Experts.com notes that both formats can be equally accurate. The decision often comes down to personal comfort.

    Chat services are also a strong choice for people with hearing difficulties or those in shared living spaces where phone calls aren’t ideal. They often include features like instant connection, user ratings, and profile filters that help match the reader to the user’s concerns.

    ⇒ Connect with cheap psychics who offer real insight

    Psychic Medium Chat

    This chat form focuses specifically on communicating with loved ones who have passed away. Medium readings are usually more specialized and are handled by psychics trained in this type of spiritual connection.

    The format can vary between chat and phone, but many people find psychic medium chat to be less overwhelming than a phone session, especially when dealing with grief. Written communication allows them to take their time, reflect, and process what is being shared.

    Not all services offer this type of reading, and The-Psychic-Experts.com’s report highlights which platforms include mediumship among their specialties. Readers trained in this area are usually marked clearly on their profiles, and users are encouraged to seek reviews before beginning a session.

    Free Psychic Reading Online Chat (No Credit Card Needed)

    A growing number of users prefer to try a reading without any financial commitment. The guide also looks at platforms offering free psychic chat with no credit card required.

    These trial sessions are often short, typically 3 to 5 minutes, but give users a sense of the reader’s style and accuracy. More importantly, they reduce the risk of misunderstanding pricing models or being locked into service before feeling confident.

    Many people use these free minutes to test multiple readers before deciding who to work with long-term. For those unsure where to start, this is one of the most practical ways to explore psychic reading without pressure.

    ⇒ Talk now and get a free trial with cheap psychic readings!

    When to Choose Chat or Phone

    There’s no single format that fits everyone. Choosing between chat and phone depends on the user’s communication style, emotional needs, and environment.

    Phone is best for:

    • Real-time emotional support
    • Follow-up questions
    • Detailed explanations

    Chat is best for:

    • Privacy or public settings
    • Written reference after the session
    • First-time users testing the service

    ⇒ Connect for accurate, affordable cheap phone psychic sessions

    How to Choose the Right Cheap Psychic for Your Needs

    Finding the right psychic doesn’t always mean finding the most expensive one. Many users discover that a low-cost reader can offer just as much value when properly vetted. The-Psychic-Experts.com outlines several tips to help people choose wisely, avoid common mistakes, and match with a psychic who aligns with their goals.

    Look for Verified Reviews and Reading Samples

    A good starting point is reading user feedback. Platforms included in the guide often feature star ratings, written testimonials, and repeat client data. These reviews can help identify patterns, such as whether a psychic is known for accuracy, compassion, or quick connection.

    Some services allow potential clients to read public transcripts or summaries from previous sessions. This can give insight into how the psychic communicates and whether their tone matches the user’s preferences.

    ⇒ Talk to affordable, cheap psychics with top reviews!

    Focus on Specialty Match

    Not all psychics work the same way. Some focus on love and relationships, while others specialize in spiritual growth, career decisions, or past life readings. Choosing someone aligned with the topic at hand makes the session more productive.

    For example:

    • Love readings: Look for keywords like soulmate, twin flame, or relationship analysis.
    • Career or money questions: Search for financial clarity or professional guidance tags.
    • Past life insight: Choose readers trained in regression or spiritual recall techniques.

    Use Free Minutes or Trial Offers

    Cheap psychic readings don’t mean guessing. Many reviewed services offer free 3–5 minutes to new users. This time can be used to evaluate clarity, tone, and connection before deciding whether to continue.

    Users can end the session without penalty if the reader seems unclear, vague, or repetitive. Trial minutes are essential for testing multiple options until the right match is found.

    ⇒ Talk to affordable psychics now and enjoy free minutes!

    Red Flags to Watch Out For

    While most reviewed services are legitimate, staying cautious is still essential. The-Psychic-Experts.com advises users to be aware of certain warning signs:

    • Pushing for extended time: If a reader pressures a client to extend beyond their planned session, this is a concern.
    • Making absolute promises: No psychic can guarantee specific outcomes.
    • Scare tactics or upselling: Any mention of curses, spells, or urgent need for payment to avoid bad energy is a red flag.

    If a psychic introduces those themes, users can disconnect immediately and report the session if needed.

    Trust Your First Impression

    First impressions matter. If a psychic doesn’t feel present, respectful, or connected in the first few minutes, they may not be the right choice.

    Users are encouraged to prepare a few clear questions before the session and to keep the conversation focused. The best psychics will listen carefully, respond directly, and create a comfortable space for users to share details at their own pace.

    ⇒ Talk to the best cheap psychics for career and relationship insights!

    What Real Users Say About Cheap Psychic Readings Online

    The psychic experts gathered experiences from everyday users who’ve turned to cheap psychic readings online for clarity and emotional support. The following testimonials represent user profiles covering a range of demographics and situations. These stories help show how accessible psychic services, including psychic phone readings and free psychic chat options, are making a difference in people’s lives in 2025.

    ⇒ Discover peace of mind with cheap psychic readings!

    Samantha, 27, Graphic Designer — Oregon

    “I started using psychic chat services about a year ago when I was going through a confusing breakup. I didn’t want to discuss it with friends, and therapy wasn’t in my budget. I found a cheap psychic online who helped me put my feelings in perspective. We connected through a free psychic reading online chat with no credit card required. I was surprised by how calming it was just to talk through things.”

    Samantha now uses affordable psychics for guidance on career decisions. “It’s a tool I use when I need another point of view. Not everything is groundbreaking, but the good sessions really help me get unstuck.”

    ⇒ Connect to trusted cheap psychics offering free minutes!

    Richard, 64, Retired Police Officer — Florida

    “I used to think psychic readings were all just entertainment. But when I lost my wife, I found myself searching for anything that could offer comfort. I wasn’t ready for a full conversation at first, so I tried a live psychic chat. The reader made no wild claims; it just helped me think about what I was holding onto.”

    Now, Richard prefers phone psychic readings. “Sometimes you just want to talk, and the chat doesn’t feel like enough. I’ve found a few cheap phone psychics who actually take the time to listen.”

    He continues to use psychic phone readings every few months. “The cost is manageable, and it helps me focus.”

    Tania, 35, Single Mother of Two — Texas

    “I work full-time and raise two kids. There’s not a lot of time or money left over for me. A friend told me about free psychic chat online, and I thought, ‘Why not?’ I asked about some decisions I’d been avoiding—whether to move, take a promotion, start dating again.”

    Tania found the convenience of live chat critical. “I could message someone late at night while the kids were sleeping. And the advice felt honest, not like someone trying to sell me a dream.”

    She’s used affordable psychic readings several times since. “You can get what you need in 15 minutes, and it doesn’t cost more than lunch. That’s what makes it sustainable.”

    ⇒ Discover love, money, and destiny with cheap phone psychics

    Closing Summary: A Practical Guide for Affordable Spiritual Support in 2025

    The Psychic Experts 2025 report is a practical resource for anyone looking to explore cheap psychic readings without confusion or high costs. By focusing on services that are accessible, affordable, and flexible, the guide helps users take control of their spiritual questions, whether they prefer quick online chats or full phone psychic readings.

    With interest in cheap psychic readings, low-cost phone sessions, and flexible reading formats rising across the country, users now have more ways to get support that fits their schedule and budget. This guide simplifies that process by providing precise, unbiased evaluations prioritizing user experience over promotional claims.

    The platform has helped thousands of people find their first psychic, explore new reading formats, and return to trusted advisors—all without long-term commitment or inflated pricing. Whether someone seeks relationship advice, closure from a past event, or direction in a career choice, the right psychic match is easier to find when guided by accurate, experience-based information.

    FAQs

    Are cheap psychic readings accurate?

    Yes, cheap psychic readings can be just as accurate as more expensive sessions. Many affordable psychics offer low rates to attract new clients or provide spiritual guidance to a wider audience. Accuracy depends more on the psychic’s ability than the price.

    What makes a psychic reading “cheap”?

    A cheap psychic reading usually refers to sessions offered at a lower-than-average rate, often as part of a promotion or introductory offer. Many trusted platforms feature cheap psychics with special deals like $1 per minute or free first minutes.

    Where can I find affordable psychic readings online?

    You can find affordable psychic readings on reputable websites that verify their psychics and offer user reviews. Look for platforms that highlight cheap phone psychics and chat options, with clearly stated pricing and customer support.

    Are cheap phone psychics reliable?

    Yes, many cheap phone psychics are experienced and trustworthy. Phone readings can offer the same depth and accuracy as in-person sessions, especially when provided by vetted and well-reviewed affordable psychics.

    Can I get a cheap psychic reading about love and relationships?

    Absolutely. Many cheap psychics specialize in love, relationships, and compatibility readings. Whether you’re dealing with heartbreak or seeking your soulmate, cheap psychic readings can offer deep insights at a low cost.

    How long does a cheap psychic reading last?

    The duration depends on the platform and your budget. Most cheap psychic readings are billed per minute, allowing you to control how much you spend. Short sessions can still provide powerful insights, especially with focused questions.

    What should I ask during an affordable psychic reading?

    Prepare clear, specific questions to get the most out of your affordable psychic reading. Topics can include love, career, family, finances, or spiritual growth. Many people ask cheap phone psychics about timing, decision-making, or past-life insights.

    Do affordable psychics offer free readings?

    Many affordable psychics offer the first few minutes free or discounted as a trial. While not completely free, these offers make it easy to test the psychic’s style and accuracy before committing to a full cheap psychic reading.

    Are cheap psychic readings safe and confidential?

    Yes, most reputable platforms that offer cheap psychic readings ensure privacy and confidentiality. Whether you’re connecting with cheap phone psychics or using online chat, your personal information and questions remain secure.

    What’s the difference between a cheap psychic and an expensive one?

    Often, the difference lies in popularity or years of experience. However, many cheap psychics are just as talented but choose to keep their rates accessible. It’s always a good idea to read reviews and choose a psychic based on connection and accuracy, not just price.

    Media Contact
    Company: The Psychic Experts
    Contact Person: Anthony C. Bedoya
    Email: support@the-psychic-experts.com
    Address: 1 Fremont St, Las Vegas, NV 89101, USA
    URL: https://the-psychic-experts.com/
    Phone: +1 414-203-2598

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    The MIL Network –

  • MIL-OSI: Relm Insurance Appoints Rob Thomas as Chief Information Security Officer

    Source: GlobeNewswire (MIL-OSI)

    Hamilton, Bermuda, May 27, 2025 (GLOBE NEWSWIRE) —  Relm Insurance (Relm), the leading specialty insurance carrier supporting emerging and innovative industries, is pleased to announce the appointment of Robert Thomas as Chief Information Security Officer (CISO).

    Robert brings over 20 years of leadership experience in cybersecurity and technology across the Banking, Insurance, and FinTech sectors. In his role at Relm, he will be responsible for shaping and executing the company’s information security strategy, strengthening its cyber resilience, and ensuring regulatory compliance as Relm continues to scale globally.

    Throughout his career, Robert has spearheaded digital transformation initiatives, transitioned organizations from outsourced to internal IT service models, and implemented DevOps and automation programs to drive operational efficiency. He has developed robust cybersecurity frameworks aligned with global standards, enabling innovation while protecting critical digital assets in complex, highly regulated environments.

    “Robert’s blend of technical expertise, strategic vision, and leadership acumen makes him a tremendous asset to the team,” said Relm CEO and Founder, Joseph Ziolkowski. “His appointment reflects our continued investment in building a secure, scalable foundation to support the unique needs of our clients in fast-evolving industries.”

    Robert emphasized his enthusiasm about joining Relm, stating: “Relm’s bold approach to innovation and its commitment to client success are what drew me to this opportunity. I’m excited to lead the charge in strengthening cybersecurity posture and embedding security as a core enabler of growth and resilience across the business.”

    Robert holds a Master of Science (MSc) in Information Technology from the University of Liverpool. His leadership philosophy centers on collaboration, transparency, and mentorship, empowering cross-functional teams to deliver secure and scalable solutions.

    About Relm Insurance 

    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier supporting emerging industries that spur innovation and next-generation technologies. Launched in 2019 to address the scarcity of insurance capacity available to these high-growth markets, Relm plays an active role in bolstering the resilience of these innovative industries.  

    Relm’s unrivaled industry expertise and solutions-driven track record makes it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries including Web3, digital assets, AI, biotech, and the space economy. Relm has earned a Financial Stability Rating of A, Exceptional, from Demotech.  

    Media contact:
    Yasmin Oronos
    Luna PR
    yasmin.oronos@lunapr.io

    The MIL Network –

  • MIL-OSI: John Snow Labs Acquires WiseCube to Refine and Safeguard Medical AI Models with Knowledge Graphs

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., May 27, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. The acquisition strengthens the company’s mission to deliver responsible, accurate, and explainable healthcare AI solutions enhanced by WiseCube’s billion-scale knowledge platform.

    WiseCube unifies and analyzes disjointed biomedical datasets to provide fast, literature-backed answers to complex medical questions. Its integration of cutting-edge biomedical ontologies and documents ensures access to the most current and comprehensive medical knowledge. This capability has proven indispensable, uncovering new use cases and solutions John Snow Labs can support, such as drug discovery and precision medicine within the Medical Chatbot Platform.

    The WiseCube acquisition will enable John Snow Labs to:

    • Enhance Biomedical Literature Review: Unique algorithms enable holistic analysis of unstructured data and medical ontologies to generate new scientific hypotheses.
    • Accelerate Drug Discovery: Surfacing hidden relationships among drugs, genes, and diseases, WiseCube shortens the path from discovery to clinical trials.
    • Improve Hallucination Detection for Medical LLMs: WiseCube’s Pythia service includes a hallucination detection tool that can monitor AI-generated responses alignment with verified medical knowledge, enhancing compliance and safety of medical AI applications.

    “With John Snow Labs’ leadership in healthcare AI, our combined teams can now bring safe and effective AI solutions to the market at scale,” said Vishnu Vettrivel, CEO, WiseCube. “We look forward to improving research productivity, clinical decision-making, and patient outcomes together.”

    “The integration of WiseCube’s knowledge graph technology into our healthcare AI solutions enables a new level of accuracy and reliability for our customers,” said David Talby, CEO, John Snow Labs. “We’re excited to accelerate the ability to deliver real-world, production-ready solutions that clinicians and researchers can trust.”

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com 

    The MIL Network –

  • MIL-OSI: Oxbridge / SurancePlus to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented by Maxim Group LLC

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, May 27, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. The company today announced its CEO Jay Madhu has been invited to present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, on Tuesday, June 3rd at 1:00 PM EDT.

    Event Details: Oxbridge / SurancePlus CEO and Maxim Senior Analyst Fireside Chat
    Date: Tuesday, June 3, 2025
    Time: 1:00 PM – 1:30 PM (EDT)
    Location: This conference will be live on M-Vest. To attend, sign up to become an M-Vest member.
    Click here to learn more and reserve your seat.

    Discussion Highlights

    • Bringing Traditional Finance On-Chain: How Oxbridge and SurancePlus are leveraging blockchain to modernize reinsurance markets
    • Democratization of Reinsurance: Making reinsurance accessible to a much broader range of investors globally
    • Tokenized Reinsurance RWAs: A first-of-its-kind asset class offered by a public company subsidiary, targeting 20% and 42% annual yields

    Jay Madhu, CEO of Oxbridge, commented: “Maxim’s Tech Conference is a great platform to showcase how we are bridging traditional insurance with Web3 and blockchain innovation. At SurancePlus, we are not just creating tokenized reinsurance securities – we are expanding access to a high-yield opportunity that is uncorrelated to traditional capital markets and has been historically inaccessible to most.”

    Oxbridge / SurancePlus will be taking part in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow.” The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & entertainment, and more. In Maxim’s 2025 Virtual Tech Conference, we will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of diverse companies who have their attention on technology and how it will impact and grow their business.

    About Oxbridge Re Holdings Limited 

    Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.

    Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.

    Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on-chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors. 

    Company Contact:
    Oxbridge Re Holdings Limited
    Jay Madhu, CEO
    +1 345-749-7570
    jmadhu@oxbridgere.com

    About Maxim Group LLC

    Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit maximgrp.com

    The MIL Network –

  • MIL-OSI: Parched Hospitality Group Puts the Guest Experience First with New Paytronix Rewards App

    Source: GlobeNewswire (MIL-OSI)

    Loyalty with an Australian Vibe — Parched launches a tiered rewards program to engage and reward guests digitally, across its unique dining & cocktail brands

    NEWTON, Mass. and NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Paytronix, the leader in guest engagement for restaurants and convenience stores, and Australian culture inspired Parched Hospitality Group have launched “Parched Locals,” a powerful new rewards program and mobile app to engage with guests across all four of its iconic restaurant brands: Daintree; Hole in the Wall; Isla & Co.; and Wallflower. Guests can sign up for membership to become a Local with any store in the Parched family to get rewards and bonus perks across all the brands.

    Parched operates nine unique restaurants in New York and Florida, featuring multiple concepts that take inspiration from Australia where much of the executive team was born. Stop by Hole in the Wall or Isla and Co. for an Australian street corner vibe to enjoy a cup of specialty coffee and hearty breakfast, or dinner and date night out. Swing by Wallflower for cocktails and a bite, where vinyl records are found spinning throughout the night. Or experience the Australian forest environment at Daintree to enjoy the lush greenery and rooftop view, under the watchful eye of the New York skyline.

    “We’ve got such a fantastic group of loyal customers, we wanted to give back to them and make sure they feel as much a part of our family as we feel about them,” said Tom Rowse, Chief Strategy Officer, Parched, “The Parched Locals program and mobile app will help expand and grow our family while thanking them. Paytronix brings so many ways to surprise and reward guests, engaging with them through a program that’s true to each brand’s unique needs and style.”

    Become a Mate Today
    By downloading the Parched mobile app new mates will automatically get a free cocktail, coffee or fries just for signing up!

    The mobile app is designed to be a one-stop shop to explore all the Parched venues. There, guests can reserve a table, explore the menu, manage their account and earn/redeem rewards. When on the go, they can order online – with app exclusive pricing just for members! Earn and redeem rewards at any restaurant in the Parched family. Sign up online, or at any local Parched location during checkout.

    Members earn points for every purchase they make and also gain first access to special offers and limited-time rewards. Frequent guests can move up tiers in the program to unlock additional perks and extra rewards.

    “Parched designed their digital brand intentionally to ensure guests feel at home and experience Australian hospitality however they engage, across the Parched brands”, said Andrea Mulligan, Chief Customer Officer, Paytronix. “The guest experience has been at the center of the brand since its conceptualization. Parched is giving back to its regular customers and making it convenient for people to engage with them whether in person or remotely.”

    Parched deployed the full Paytronix guest engagement platform, which also provides powerful tools for online ordering, rewards, email/messaging/SMS and marketing, and gift card solutions. Rollout was easy, with Paytronix integrating directly with the Toast POS system used by Parched. Paytronix even supported specialized integration needs, like direct integration of Sunday QR code payments.

    About Parched Hospitality Group
    Parched Hospitality Group (PHG) began in 2014 with the opening of a boutique New York City coffee shop, Hole in the Wall. This humble establishment quickly became an iconic café brand, laying the foundation for PHG’s expansion into a multi-concept hospitality group. Drawing inspiration from Australian, Southeast Asian, and European cultures, PHG delivers exceptional customer experiences and innovative concepts–a third place for guests in each local community it operates in.

    Today, PHG’s portfolio includes renowned establishments such as Hole in the Wall, Isla & Co., Daintree, and Wallflower, each venue offering unique dining experiences, from modern Australian cuisine to innovative cocktails. Parched operates nine restaurants across New York and Florida as well as a direct-to-consumer coffee brand, all connected by a shared mission that puts community, customer experience, and creativity at the heart of everything they do. Learn more at https://parchedhg.com/.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5188c284-8a8e-457a-ab04-d356fd629588

    The MIL Network –

  • MIL-OSI: Bitget Wallet Expands Sei Campaign to Gaming as Trading Volume Jumps 150-Fold

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 27, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched another phase of its Sei Ecosystem Month campaign, introducing a $75,000 rewards pool dedicated to Sei-based gaming applications. The update comes as earlier phases of the campaign helped drive over $25 million in total value locked (TVL) and a 150-fold increase in Sei’s onchain trading volume within just a week of launch.

    Powered by Bitget Wallet’s full integration with the Sei network, users can trade, bridge, and interact with Sei-native DApps directly in-app. The wallet supports cross-chain transfers from 30 blockchains into Sei EVM and aggregates liquidity across 130+ chains through its Super DEX. These tools have helped simplify user onboarding and accelerate ecosystem engagement across DeFi, trading, and now GameFi and AI verticals.

    Previous phases of the campaign featured collaborations with Takara Lend and Sailor Finance, focusing on DeFi participation and trading activity across the Sei network. The newly launched phase running from May 27 to June 27, features five interactive projects: Archer Hunter, Dive Diary, Fishwar, Hot Spring, and Kawaii Puzzle. Each project offers unique gameplay and task-based rewards. Users participating through Bitget Wallet can complete specific missions across these applications to earn SEI rewards, with participation tracked through verified wallet interactions.

    “By aligning cross-chain infrastructure with real utility in DeFi, trading, and now gaming, we’re seeing Sei ecosystem adoption scale week by week,” said Alvin Kan, COO of Bitget Wallet. “The following phase opens the door to a wider user base, giving people more ways to engage with Sei through games and social interactions.” Additional campaign phases spotlighting more projects are set to follow in the coming weeks.

    For more information, visit Bitget Wallet blog and the official X channel.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d663d71f-de3a-4168-b6cc-4a4694f4e1e1

    The MIL Network –

  • MIL-OSI Global: Queer country: LGBTQ+ musicians are outside the spotlight as Grand Ole Opry turns 100

    Source: The Conversation – USA – By Tanya Olson, Associate Teaching Professor, University of Maryland, Baltimore County

    The iconic circle in the Grand Ole Opry stage. Who gets to stand in it? Timothy Wildey/Flickr, CC BY-NC

    On March 15, 1974, the Grand Ole Opry country music radio show closed its run at the Ryman Auditorium in Nashville, Tennessee, with Johnny and June Carter Cash leading the song “Will the Circle Be Unbroken.” After that final show, a six-foot circle of wood was cut from the Ryman stage and moved to the new Grand Ole Opry House.

    The next night, Roy Acuff opened the first show at the new venue. A video of Acuff singing in the 1940s played before the screen lifted to reveal Acuff himself, singing live in the same spot. The message was clear: Though the stage had changed, the story continued. The circle had not been broken.

    The Opry began on WSM on Nov. 28, 1925, and is celebrating its centennial with a series of concerts and tributes under the name Opry 100. On March 19, 2025, Reba McEntire stepped onto the iconic circle on the Grand Ole Opry stage and kicked off NBC’s Opry 100 celebration with a verse of “Sweet Dreams.”

    The final song of the night was “Will the Circle Be Unbroken,” performed by country legends like Bill Anderson and Jeannie Seely alongside newcomers like Lainey Wilson and Post Malone. It was a moment meant to celebrate 100 years of country music tradition and connection with a stage full of voices harmonizing across generations. A circle, unbroken.

    But that night in March, one group of country performers was missing. Not a single openly gay, lesbian or bisexual artist appeared onstage during the anniversary celebration. In a moment designed to honor the full sweep of the genre’s past and future, a long line of country musicians was left standing outside the spotlight once again.

    Wilma Burgess’ sexuality was common knowledge in music industry circles in the 1960s and ‘70s.

    A slowly opening circle

    Country music has never been without queer voices, but it regularly refuses to acknowledge them.

    From 1962 to 1982, Wilma Burgess had 15 songs on Billboard’s Hot Country chart and two Grammy Award nominations. She recorded with legendary producer Owen Bradley and had Top 10 hits like “Misty Blue.” Despite this success, Burgess never played the Opry. Though Burgess was never publicly out, her sexuality was common knowledge in recording circles. In the 1980s, she left music and opened The Hitching Post, Nashville’s first lesbian bar. Like so many queer country artists, Burgess had to build her legacy outside the circle.

    In the 1980s and 90s, k.d. lang and Sid Spencer expanded the presence of queer artists in country music. Lang won two Grammys and performed at the Opry, but she was labeled “cowpunk” and left the genre before coming out in 1992. Spencer released albums and toured widely within the gay rodeo circuit, but he was never recognized by mainstream country before his 1996 death from AIDS-related complications.

    The 2000s offered small openings. Mary Gauthier became the first openly queer artist to perform on the Opry stage in 2005. Chely Wright had a No. 1 country single before coming out in 2010, but didn’t return to the Opry until 2019. Ty Herndon charted 17 singles before coming out in 2014. He wouldn’t appear at the Opry again until 2023.

    These artists established themselves first and came out later, at great professional cost. The Opry hosts 5–6 shows a week, featuring 6–8 artists each night. In that context, a nine-year absence isn’t just a scheduling gap. In addition, the Grand Ole Opry currently has 76 members, a special designation indicating a level of success in country music. None of them identify as LGBTQ+.

    Today, there are signs of change. Lily Rose, who has been openly queer since the beginning of her career, receives radio play, has songs on the charts and tours widely. But she remains the exception, not the rule. Other openly LGBTQ+ artists like Paisley Fields, Mya Byrne and Amythyst Kiah are recording, performing and building loyal audiences, but they are still rarely featured on country radio or invited onto the Opry stage. The circle may be widening, but for many queer artists, it’s still just out of reach.

    The importance of the circle

    In country music, visibility isn’t just symbolic. If you’re not on the radio, you don’t chart. If you don’t chart, you don’t tour. Without that platform, you can’t build a legacy.

    Country radio and the Opry stage serve as gatekeepers of who counts. In 2015, a radio consultant infamously compared women artists to “tomatoes in the salad,” stating a few were fine, but they shouldn’t dominate. That same logic has long applied to queer artists; they can be tolerated at the edges but are rarely treated as essential.

    Genre labeling becomes another barrier. Brandi Carlile and Brandy Clark both openly identify as lesbians and have been embraced by country audiences and critics alike, but they are routinely categorized as Americana artists. That rebranding often functions as a fence that keeps artists close enough to celebrate, but far enough to exclude.

    Gina Venier is one of today’s many openly gay country artists.

    Reimagining the circle

    The Opry’s centennial celebrations are scheduled to continue through the end of 2025 with a concert at London’s Royal Albert Hall and a final anniversary show in Nashville on Nov. 28. Perhaps openly queer artists will take the stage at those events. If they do, it won’t just be symbolic; it will be a long overdue acknowledgment of artists who have always been here, even if they weren’t always seen.

    Country music’s strength lies in how it braids together American traditions: gospel and blues, Black and white, rural and urban, old and new. It’s not a genre built on purity, but one that relies on the mix. That mix is what makes country music American – and what makes it endure.

    If the circle on the Opry stage is meant to stand for country music itself, then I hope it will be like the music: honest and able to grow. If “Will the Circle Be Unbroken” is more of a promise than just a closing number, the future of country music depends on who’s allowed in the circle to sing it next.

    Tanya Olson does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Queer country: LGBTQ+ musicians are outside the spotlight as Grand Ole Opry turns 100 – https://theconversation.com/queer-country-lgbtq-musicians-are-outside-the-spotlight-as-grand-ole-opry-turns-100-251892

    MIL OSI – Global Reports –

  • MIL-OSI: NANO Nuclear Energy Announces Pricing of $105 Million Private Placement of Common Stock

    Source: GlobeNewswire (MIL-OSI)

    The offering includes primary participation from fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager

    Company total cash position expected to be over $200 million following closing

    New York, N.Y., May 27, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company, today announced that it has entered into a definitive securities purchase agreement with institutional investors for the purchase and sale of 3,888,889 shares of common stock in a private placement at a purchase price of $27.00 per share, for total gross proceeds of $105 million.

    Participants in the private placement include several fundamental institutional investors, including a leading long-only mutual fund and a preeminent global investment manager.

    The closing of the offering is expected to occur on or about May 28, 2025, subject to the satisfaction of customary closing conditions.

    With the anticipated net proceeds from the private placement, NANO Nuclear would have over $200 million in cash on hand, which it expects to use to more readily advance its cutting-edge micro nuclear reactors and auxiliary nuclear energy-related businesses, as well as to seek complimentary acquisitions and drive growth towards initial revenue generation.

    Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.

    The securities issued in the private placement described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. NANO Nuclear has agreed to file a resale registration statement with the SEC for purposes of registering the resale of the shares of common stock issued in connection with the private placement.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
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    NANO Nuclear Energy TWITTER

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop, gain registered intellectual property protection for, and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    The MIL Network –

  • MIL-OSI: TruGolf Clarifies Nasdaq Compliance Plan and Provides Context to Equity Line of Credit

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, May 27, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has clarified its plan to regain compliance with Nasdaq listing rules in response to shareholder inquiries. On August 19, 2024, TruGolf Holdings, Inc. received a written notification from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, the Company’s stockholders’ equity was ($10,508,104), and therefore, the Company was not in compliance with Nasdaq’s Listing Rule 5450(b)(1)(A), which requires a $10,000,000 minimum stockholders’ equity standard (the “Equity Rule”). On May 15, 2025, the Company presented a plan to the Nasdaq Hearings panel on how it plans to regain compliance with Nasdaq’s listing rules and requested an extension to execute on the plan. To date the Hearings panel has not rendered a determination. There can be no assurance that it will provide an extension or move to delist. The key provisions of the plan were:

    • The Company converted approximately ⅔’s of the accrued dividends payable owed to the company’s founders to common stock.
    • The PIPE note holders agreed to exchange their outstanding notes and associated warrants for new preferred shares and warrants. All unissued notes would be canceled.
    • The Company has entered into an Equity Line of Credit for $20 million that could provide liquidity without reducing shareholder equity if additional funds to operate the business are required.
    • A reverse split would be approved by the Board, subject to shareholder authorization, if necessary to regain compliance with Nasdaq minimum pricing rules.

    Chris Jones, CEO of TruGolf, had this to say about the plan. “The Company will be holding a special meeting of shareholders on May 30th to vote on actions relating to this plan. However, since disclosure of all details of the plan, the Company has received multiple inquiries requesting clarification of the purpose of the Equity Line of Credit that was entered into as part of the plan.” As reported in the Company’s first quarter Form 10-Q on May 15th. “TruGolf has a strong cash position of greater than $10 million which is more than adequate to satisfy its current operating needs. The line was put in place in the event that a special situation or opportunity may arise in the future so the Company could avoid debt when financing its actions.” 

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com.

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

  • MIL-OSI: HashFly Implements Advanced AI For Cloud Mining Operations

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 27, 2025 (GLOBE NEWSWIRE) —

    HashFly, one of the leading cloud mining platform, is heading into the future with the integration of advanced artificial intelligence (AI) technology into its mining processes. With the use of AI, HashFly seeks to revolutionize cloud mining through enhanced operational efficiency, profitability maximization, and providing users with stable returns amid an ever-changing world of cryptocurrencies.

    A New Era of Smarter Mining

    In the year 2025, HashFly committed to innovating beyond the limits of what is possible with cloud mining. The integrated advanced AI systems of HashFly platform enable users to make more informed decisions, help them respond rapidly to new conditions, and optimise performance in all mining activities. The AI system receives enormous amounts of data from hash rates, power usage, and market conditions to allow rapid changes to improve mining performance in real time. 

    The AI technologies today enable HashFly to maximize its mining facilities by predicting the market correctly, modifying operations from real-time information, and utilising all available resources to ensure maximum profit for its users.

    David Chen, the CEO of HashFly, stated, “With an Advanced AI model now embedded into our mining operation process, we’re not just improving our ability to mine cryptos but we’re bringing a higher level of intelligence into the process. The integrated AI technology helps us optimize server resources, predict the basic market movements, and ensure that our cloud mining stack are as efficient as possible, leading to better outcomes for our users.”

    How AI Enhances HashFly’s Cloud Mining Performance

    The incorporation of AI into HashFly’s cloud mining system brings several distinct advantages. By processing its real-time data from mining operations, the platform can automatically adjust mining processes to make sure they are as efficient as possible, even during highly fluctuating market conditions.

    Some of the ways AI improves cloud mining at HashFly include:

    • Predictive Adjustments: AI can forecast market shifts and adjust mining strategies accordingly, ensuring the platform stays profitable even as conditions change.
    • Real-Time Data Analysis: The mining operations data helps the system to make instant adjustments for continuous optimisation of the mining process to increase yield.
    • Efficient Resource Management: The integrated AI model ensures that the mining resources are properly distributed and used in the most efficient way to increase productivity.
    • Cost Efficiency: The AI system improves energy consumption and reduces waste by analyzing network difficulty and adjusting mining power accordingly.

    “AI helps us achieve a level of adaptability that was once unattainable,” Chen added. “We no longer rely solely on manual oversight. The AI calculates the learning from each data point and adjusts automatically, making our mining operations responsive to the market than they were before.”

    Transparency and Control for Users

    One of the main Advantages for HashFly users is the added transparency that comes with AI integration. The user interface of the platform offers real-time monitoring of mining performance, allowing users to monitor their income, keep track of the effectiveness of their operations, and make informed decisions regarding their investments.

    With the help of AI, HashFly ensures that users can make informed choices based on real-time data rather than relying on outdated mining metrics. This level of transparency strengthens trust between the platform and its users, providing them with more control over their investments.

    A Commitment to Sustainability

    When it comes to the performance and profitability of the platform, HashFly is also leveraging AI to improve the sustainability of its mining operations. The data centres of HashFly are running on renewable energy, which is integrated with the advanced AI, will help to further optimise energy consumption by adjusting mining activity based on real-time network conditions. This commitment to reducing energy consumption makes HashFly’s operations more environmentally friendly and efficient.

    “We are committed to running our mining operations as sustainably as possible,” said Chen. “AI plays a critical role in helping us achieve that by ensuring we minimise energy waste and maximise the return on every resource we use.”

    A Future Built on Innovation

    A Future Built on Innovation With this step into artificial intelligence, HashFly is to set the stage for a new standard in the cryptocurrency mining industry by integrating an advanced AI model. HashFly improves the way it operates but also helps its users take advantage of smarter mining strategies that enhance profitability.

    As the crypto market continues to evolve, the HashFly team’s approach will ensure that it maintains a trusted platform for cloud mining investors from all around the world. By combining an advanced AI model with the power of cloud mining, HashFly is going to shape the future of digital asset mining, which offers users an efficient yet profitable way to engage in the industry.

    About HashFly

    Hashfly was founded in the year 2013, a leading cloud mining provider that enables users to mine popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin without the need for costly hardware or technical expertise. This user-friendly platform, HashFly, is backed by cutting-edge technology, including advanced AI optimisation, and continues to lead the way in transforming the cloud mining experience.

    For more information, visit www.hashfly.com.

    MEDIA CONTACT
    Name: Scott Joseph
    Email: info@hashfly.com
    Job Title: Director
    City/Country: New York, USA

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. H.com and associated parties are not liable for any financial loss incurred.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: Give ‘Try Galaxy’ a Go to Experience the Future of Mobile Innovation

    Source: Samsung

    The Samsung Galaxy universe boasts cutting-edge, AI-driven technology across its phones, wearables, and seamlessly connected ecosystem. Whether you’re a current Galaxy user eyeing the new One UI 7 and S25 features, or a non-Galaxy owner curious about the hype, including how products like Buds or the new Galaxy Ring fit in, there’s an easy way to explore. Samsung’s “Try Galaxy” app offers a free, simulated experience of their latest smartphone interface and a peek at their ecosystem devices, no new hardware required.
     
    What You Can Do with Try Galaxy
    
    A post shared by Jacques Snyman (@Jacqie)
     
    Explore the All-New Galaxy S25 Series – Get hands-on with the sleek and powerful Galaxy S25 Ultra, S25+, and S25. Get a peek on how they look (virtually), explore the refined design, and get a taste of the Galaxy AI power and camera upgrades these devices offer.
     
    Test the Galaxy Ring – Intrigued by the Galaxy Ring? Try Galaxy lets you virtually explore this new piece of wearable tech and even helps you determine your ring size – so you’re one step closer to wearable wellness tech that fits your lifestyle.
     
    Virtually Try on Galaxy Watches – Thinking of upgrading your wrist game? Use the app’s try-on feature to see how the latest Galaxy Watch models would look on you – available styles, sizes, and customisations included.
     
    Fold Experience – See the Future, Unfolded – Curious about Samsung’s foldable phones? Get a feel for the Fold Experience, virtually flipping open a Galaxy Z Fold and navigating multitasking features that redefine how you use a phone.
     

     

    View this post on Instagram

     

    A post shared by Tyron Tech (@tyron_tech)
     
    Dive Into One UI 7 – Smarter, Smoother, More Personal
    Morning Brief – Start your day smarter. The Morning Brief gives you a personalised rundown of the day -calendar events, weather updates, to-do lists – all on your lock screen or home screen in an easy-to-read card format.
     
    Seamless Actions Across Apps – Enjoy uninterrupted multitasking with smooth transitions between apps as you move through your day with fluidity. Drag and drop, or switch between apps, reply to messages while watching videos, or take notes while browsing – all without slowing down. Imagine watching a recipe tutorial while jotting ingredients in Samsung Notes, with split-screen multitasking keeping both apps open and usable at once – smooth and lag-free.
     
    Audio Eraser – Tired of background noise ruining your videos? With Audio Eraser, you can remove ambient distractions and keep the focus on your voice or subject – perfect for content creators or casual users alike.
     
    Portrait Filters – Take your selfies up a notch with Portrait Filters that subtly enhance lighting, blur backgrounds, and add mood – all in real time.
     
    Try It. Love It. No Strings Attached.
    What makes Try Galaxy truly amazing is that you can explore all of these without ever switching phones. It’s a no-risk, no-commitment way to test drive the Galaxy experience, including the latest devices and One UI 7 features, right from your current device.No pressure. Just an easy, immersive way to see if the future of mobile innovation fits you.
     

     

    View this post on Instagram

    A post shared by Gouwha Latief (@whamp_playz)
     
    Ready for your aha moment? Download Try Galaxy today and virtually step into the Galaxy world.

    MIL OSI Economics –

  • MIL-OSI: BIO-key and Runlevel Secure First Major IAM Deployment with a National Bank in Mozambique; Extends Growing List of Banking Customers

    Source: GlobeNewswire (MIL-OSI)

    LISBON, Portugal and HOLMDEL, N.J., May 27, 2025 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced a strategic partnership with Runlevel, a specialized cybersecurity solutions provider, as well as the partnership’s first customer deployment. Runlevel focuses on Portuguese-speaking African countries (“Países Africanos de Língua Oficial Portuguesa or “PALOP”) and Timor-Leste in Asia.

    Runlevel joins BIO-key’s Channel Alliance Partner (CAP) program as a Value-Added Reseller (VAR) for businesses and government institutions in PALOP countries and Timor-Leste, which face increasing cybersecurity challenges. The Runlevel partnerships marks the beginning of a broader effort to expand adoption of BIO-key solutions across the region, ensuring financial institutions, government agencies and enterprises can benefit from secure, scalable and compliant digital identity solutions. In support of BIO-key’s solutions, Runlevel will provide pre-sales consulting, deployment support and technical training tailored to regulatory requirements in PALOP and Timor-Leste.

    Partnership’s First Major Deployment
    BIO-key and Runlevel have already secured their first customer in the region — a National Bank in Mozambique — which is deploying a comprehensive suite of BIO-key’s biometric-based IAM solutions.

    This deployment highlights the growing need for robust IAM solutions in the partnership’s territories and reinforces BIO-key’s position as a trusted cybersecurity partner within the global financial sector.

    The deployment includes the following BIO-key solutions:

    • PortalGuard On-Prem
    • Highly secure IAM platform with Multi-factor Authentication (MFA)
    • Single Sign-On (SSO) capabilities.

    Miguel Guerreiro, Managing Partner at Runlevel, commented, “Runlevel is committed to delivering cutting-edge security solutions that address the unique challenges faced by customers in PALOP and Timor-Leste. Partnering with BIO-key enables us to provide advanced IAM technologies that enhance cybersecurity, streamline authentication, and ensure compliance. Securing our first major deal together is a strong validation of this partnership and demonstrates the critical need for robust identity security solutions in the financial sector.”

    Alex Rocha, International Managing Director at BIO-key, added, “Runlevel is an ideal partner to expand BIO-key’s reach into Portuguese speaking markets. Their deep knowledge of the local cybersecurity landscape and strong relationships with key enterprises and public institutions make them a perfect fit for delivering BIO-key’s IAM solutions. Securing our first project together with a National Bank in Mozambique confirms the demand we believe exists for advanced IAM solutions in these regions and adds to BIO-key’s growing presence in the financial sector. Together, we are committed to supporting customers with secure, scalable, and regulation-compliant authentication technologies.”

    About Runlevel (www.runlevel.pt)
    Runlevel is a specialized cybersecurity solutions provider focusing on Portuguese-speaking African countries (PALOP) and Timor-Leste. The company delivers advanced IT security, infrastructure, and compliance solutions, helping organizations navigate the evolving cybersecurity landscape with best-in-class technology and expert consulting services.

    About BIO-key International, Inc. (www.BIO-key.com)
    BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its cloud-hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.

    BIO-key Safe Harbor Statement
    All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Investor Contacts
    William Jones, David Collins
    Catalyst IR
    BKYI@catalyst-ir.com or 212-924-9800

    The MIL Network –

  • MIL-OSI: Kaltura Sweeps Eventex 2025 with Five Golds, Redefining the Future of AI-Powered Events

    Source: GlobeNewswire (MIL-OSI)

    New York, May 27, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, has won five golds in the prestigious 2025 Eventex Awards, winning every category it entered and cementing its leadership in the transformation of digital events through artificial intelligence.  

    This marks the third consecutive year that Kaltura Events, the company’s all-in-one AI-powered platform for webinars and virtual experiences, has earned top honors. In a year with record-breaking global submissions, Kaltura stood out for its relentless innovation in creating personalized, intelligent, and impactful digital engagement. 

    The Award-Winning Categories: 

    • Best New Event Technology 
    • Best Audience Engagement Technology 
    • Best Data Collection and Event Analytics Technology 
    • Best Event AI Technology 
    • Best Virtual Event Platform 

    “We are delighted to have our event technology recognized once more by Eventex. Winning is never the goal – redefining what’s possible is. We have been focused on leading the way with our new Kaltura Genies and AI live-session agents,” said Eynav (Navi) Azaria, Chief Product and Engineering Officer at Kaltura. “For webinars, events, and digital experiences of every shape and size, it’s no longer a question of ‘should I use AI to drive better results’, but rather ‘how far can AI take my event’, and we are committed to making these experiences much more engaging, hyper-personalized and super impactful.”

    Kaltura Events is an all-in-one, AI-powered platform designed to create, host, manage,  and promote webinars,virtual and hybrid events of all sizes. It powers highly interactive and accessible experiences that set it apart from any other solution. With its real-time AI assistant, attendees’ sentiment analysis, and more, Kaltura Events continuously provides actionable insights to empower organizers looking to boost engagement.   

    Two key new additions drove Kaltura Events to victory, including the Kaltura Genie, an AI-powered agent that enhances event engagement by providing hyper-personalized digital experiences and can answer attendee questions during hybrid events using context-driven responses pulled from event content. Following the event, Genie offers tailored recommendations, automatically generating highlights, summaries, and follow-ups.  

    Additionally, the AI-powered Content Lab identifies key moments from recorded events and generates engaging, digestible content. It produces highlight reels, chaptered summaries, and interactive video quizzes from a single source, maximizing content ROI.  

    “The 15th edition of Eventex Awards has again seen a record-breaking number of entries, which are once again proving that the creativity of the events industry knows no bounds. We feel truly inspired having witnessed ground-breaking projects, all brought to life by exceptional event professionals who continue to push the industry forward. Winning an Eventex award is undoubtedly worth celebrating, so personally and on behalf of the whole Eventex team, I would like to congratulate Kaltura on this truly remarkable achievement,” said Ovanes Ovanessian, Co-founder of Eventex Awards. 

    This year, the Eventex Awards received a record 1239 entries from over 50 countries across six continents, with the number surpassing the previous edition. Major represented brands among winning entries include Volvo, L’Oreal, Lufthansa, AUDI, Netflix, Toyota, Nike, and Formula 1.  

    The full list of winners is available here.  

    About Kaltura  

    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s AI Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; and entertainment, and monetization. For more information, visit www.corp.kaltura.com.  

    About Eventex Awards 

    Founded in 2009 to celebrate creativity, innovation, and effectiveness in the industry, today Eventex Awards is the most esteemed international awards in the world of events and experiential marketing. Every year, the awards highlight the best events, brand experiences, tech, suppliers, and venues from the world of events. 

    The MIL Network –

  • MIL-OSI: LIS Technologies Inc. Appoints Leading Regulatory Expert Julie Olivier as its Regulatory Affairs and Licensing Director

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, May 27, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has appointed Julie Olivier as its Regulatory Affairs and Licensing Director.

    Julie Olivier brings more than twenty‑five years of experience across the commercial energy sector, with primary focus on the nuclear fuel cycle and ash management at coal sites. Her expertise covers environmental protection, facility siting, decommissioning, waste management, risk assessment, security, material control and accountability, quality assurance, performance improvement, emergency preparedness, and chemical safety.

    “This is a really exciting time for the nuclear industry and the US government’s commitment to build back nuclear, including a robust domestic fuel supply chain, suggests that it is only the beginning,” said Julie Olivier, Director of Regulatory Affairs and Licensing of LIS Technologies Inc. “I am delighted to join LIST at this pivotal moment for the Company amidst the nation’s nuclear renaissance. The future of this technology is bright, and I am very excited to help steer it through the licensing process and toward commercialization.”

    Figure 1 – LIS Technologies Inc. Appoints Julie Olivier as its Director of Regulatory Affairs and Licensing.

    Ms. Olivier began her career as a Safety Analyst at the DOE’s West Valley Demonstration Project before spending nine years at the Nuclear Regulatory Commission in Fuel Cycle Safety and Safeguards, New Nuclear Licensing, and the Chairman’s Office. She later became the Regulatory Affairs Manager for Global Laser Enrichment, then Nuclear Fleet Licensing Manager at Duke Energy, where she was promoted to Director within the Coal Combustion Products team. Most recently, she consulted on advanced‑nuclear facility siting and licensing for the Tennessee Valley Authority.

    As Regulatory Affairs Manager, Ms. Olivier secured the NRC’s first license for a uranium laser‑enrichment technology. She holds a Six Sigma Lean Green Belt, a B.S. in Chemistry from the University of New Orleans, and an M.S. in Environmental Engineering from Virginia Tech.

    “We are very pleased to welcome Julie to this critical role in the future of LIST,” said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. “Her depth of experience will be essential as we strengthen our engagement with government, regulatory stakeholders and to help move our CRISLA technology to the next stage of development, while also preparing for commercial deployment. I look forward to working with her as we advance our leadership in U.S. domestic uranium enrichment.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of radioisotopes isotopes for medical and scientific research, and the production of stable isotopes with applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: authID Announces its 2025 Board of Directors Nominees Ahead of Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    Highly Qualified New Board Nominees Will Strengthen authID’s mission to Drive Growth and Value Creation for Shareholders

    2025 Annual Meeting to be Held on June 26, 2025

    DENVER, May 27, 2025 (GLOBE NEWSWIRE) — authID® (Nasdaq: AUID)(“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, is nominating four highly qualified executives to the Board of Directors (the “Board”), in addition to the nomination of existing directors, included within the 2025 Proxy Statement filed on May 16, 2025. The 2025 Annual Meeting will be held virtually on June 26, 2025, at 10.00 a.m. EDT. 

    The following new Board nominees will be up for election at the Company’s 2025 Annual Meeting:

    Further information about each nominee is included at the end of this release.

    “authID is fortunate to nominate these talented business leaders to our Board,” said Rhon Daguro, authID’s Chief Executive Officer. “Their willingness to serve demonstrates their belief in our mission to deliver market-leading biometric identity authentication solutions in an increasingly AI-driven world. We look forward to benefitting from their leadership as we continue to focus on driving growth and creating value for shareholders.”

    “With AI evolving rapidly and cybersecurity more critical than ever, biometrics will play a foundational role in shaping our digital future,” said Krish Venkataraman, former President of Dataiku, Co-President/Board member of KnowBe4 (prior ticker: KNBE), and CFO of Socure. “authID has taken a truly differentiated approach to biometrics—one that is well-suited for rapid adoption by large enterprises. I’m deeply impressed by what this talented team of identity and fraud prevention experts has achieved in such a short time, and I’m excited to support their continued growth by joining the Board.”

    “I’ve been fortunate to partner with forward-looking tech companies over the years, and I believe that authID can surpass my expectations for innovation and vision,” said Ram Menghani, Past President of NEC Enterprise Communication Technologies. “They can not only compete but transcend other players in bringing biometric assurance to public and private sector organizations and be a truly great global partner for companies like mine who need the confidence of knowing who is behind each and every device. I look forward to helping authID grow and flourish in its next stage of development by joining the Board.”

    “Like the leadership team at authID, I have worked for decades in cybersecurity, so we share the same vision for safeguarding the enterprise, while protecting user privacy,” said Nick Shevelyov, Founder of vCSO.ai. “I am excited to join the Board as I feel they are the right organization at the right time to provide the best of biometric identity security to a market that absolutely requires security and compliance as the cloud continues to expand not only enterprise opportunities but also enterprise risks.”

    “I have placed my confidence in authID’s technology for many years and now we see that authID is expanding its global presence,” said Stephen J. Garchik, President of SJM Partners. “authID’s biometric identity platform is helping an increasing number of organizations securely manage identities across borders and verticals, while maintaining compliance with international laws. I am delighted for the opportunity to join the Board and help the Company in the next phase of its journey.”

    At the meeting, proposals will be submitted to elect directors, ratify the appointment of auditors and ratify an increase in the shares allocated to the 2024 Equity Incentive Plan.

    In addition to recommending the new Board nominees, authID is proposing the election of six of the current directors. Thomas Szoke, Founder and Chief Technology Officer (CTO), will step down as a director at the meeting, in order to focus on his role as CTO to continue enhancing the Company’s technology.

    “On behalf of the Board, I want to thank Tom for his significant contributions to authID as a board director,” added Daguro. “Fortunately, authID will continue to benefit from Tom’s visionary direction and strategic contributions in his continuing critical role as authID’s CTO.”

    Annual Meeting

    The Company has filed its Proxy Statement with the SEC, which explains all the proposals and provides other information about the Company, and is mailing the Notice of Meeting, the Proxy Statement and additional materials related to the Annual Meeting to stockholders. Stockholders who hold their shares through brokerage accounts will receive the materials via their brokers, either through the mail, or electronically depending on their communication preferences.

    The meeting will be held via a webcast. To join the webcast, investors must register in advance here: authID 2025 Annual Meeting Registration. Participants are advised to pre-register with a validated email address. Registrants will receive a confirmation email and calendar notice to add the meeting to your calendar. During the call, attendees will be invited to ask questions through the Q&A option in the Meeting webcast portal.

    Stockholders will be able to view the materials electronically at the Company’s Investor Relations site at 2024 Annual Reports or at www.investorvote.com/AUID.

    Stockholders will also be able to vote electronically, in accordance with the instructions provided in the materials each will receive. Stockholders are encouraged to vote by proxy ahead of the meeting, whether or not they plan to attend the meeting, to ensure their votes are counted.

    Director Nominee Biographies

    Stephen J. Garchik

    Mr. Garchik has been associated with authID for approximately 10 years as a major investor and supporter and now holder of 10% of the outstanding common stock. Since 1997, Mr. Garchik has been President of SJM Partners, a real estate development, design and construction, leasing and management company. SJM Partners owns over 40 retail, commercial and residential properties. Mr. Garchik has over 40 years of management and business experience and serves on the board of several non-profit institutions. He holds a Bachelor of Science and M.B.A. degree from the Wharton School at the University of Pennsylvania. Mr. Garchik’s extensive experience provides authID’s Board with a valuable perspective regarding business management, operations and strategy, in addition to a broad range of business connections.

    Ram Menghani

    Mr. Menghani has been Past President of NEC Enterprise Communications from 2020 to 2025 and is executive advisor to NEC, having joined NEC Corporation of America in 2001, serving in various roles in product management and development. He has over 30 years of global leadership experience in unified communications, product innovation, and digital transformation. Mr. Menghani’s track record includes forging partnerships with major tech players like Microsoft and Oracle, modernizing legacy systems into cloud-based models, and guiding startups to successful exits. Mr. Menghani has deep expertise in product strategy, global markets, and digital innovation and brings his global high tech business partnerships and scaling expertise to the Board.

    Nicholas “Nick” Shevelyov

    Mr. Shevelyov is a cybersecurity executive with 30 years of experience who served as Chief Security and Privacy Officer and later as Chief Information Officer at Silicon Valley Bank from 2007 to 2021. He led key initiatives in cybersecurity strategy, cloud transformation, and modern software delivery there. Mr. Shevelyov was an early design partner to industry leaders like Palo Alto Networks, Zscaler, and FireEye. In 2021, he published “Cyber War…and Peace” and founded and serves as CEO of vCSO.ai, a cybersecurity advisory firm supporting organizations such as Group 42, the Audubon Society, and multiple cybersecurity product companies. He also serves on the Bay Area CSO Council and Cofense boards. Mr. Shevelyov has a bachelor’s degree in Economics from San Francisco State University and an MBA from University of San Francisco School of Management. Mr. Shevelyov’s CSO experience and expertise will provide authID with invaluable insight and experience in relation to its core activities as well as connections in the cybersecurity industry.

    Shrikrishna “Krish” Venkataraman

    Mr. Venkataraman is a seasoned technology and Wall Street executive with a strong track record of leading IPOs, strategic sales, and large-scale corporate transformations. He represents a new generation of multi-disciplinary executives, having served in roles including President, CFO, COO, CAO, and public/private board member. Beyond traditional finance responsibilities — treasury, controllership, M&A, and investor relations — he has led sales, HR, IT, legal, and operations teams with a strong focus on IT and cybersecurity governance. Mr. Venkataraman served as President of Daitaku a leading AI firm, from 2023 to April 2025. Prior to that from 2022 to 2023 he was the Chief Financial Officer of Socure Inc. Mr. Venkataraman served as Co-President and Chief Financial Officer of KnowBe4 Inc. (Formerly Nasdaq: KNBE) a global security platform offering human risk management, from 2018 to 2022 and for a subsequent year as a Board member. Earlier in his career, he held leadership roles at Dealogic Lehman Brothers, NYSE Euronext, American Express, and Deloitte Consulting. Krish holds a B.S. from Carnegie Mellon University and an MBA from Cornell University’s Johnson Graduate School of Management. He brings his high-tech finance expertise to help authID with strategic deals, strategic capital, and generally in matters of corporate finance. 

    About authID Inc.

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey™ solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    For further information please visit authid.ai

    Investor Relations Contacts
    authID Investor Relations
    investor-relations@authID.ai

    Media Contacts
     Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    The MIL Network –

  • MIL-OSI: Cajo Technologies Secures Investment to Accelerate Global Expansion of Sustainable Laser Marking Solutions

    Source: GlobeNewswire (MIL-OSI)

    KEMPELE, Finland, May 27, 2025 (GLOBE NEWSWIRE) — Cajo Technologies, a leading Finnish developer of advanced laser marking solutions, has secured investment from Emerald Technology Ventures to scale the global rollout of its patented marking technologies. The round will support Cajo’s mission to redefine industrial marking with more sustainable, efficient, and cost-effective alternatives to traditional ink-based and labelling systems.

    Driving Sustainable Transformation in Packaging and Manufacturing

    Cajo offers complete and easy-to-use solutions for traceability and product marking optimized for industrial production processes. Long-lasting and maintenance-free solutions have been developed to replace traditional marking methods such as inkjet, print, label, etching, and painting technologies.

    Cajo’s intelligent technology makes it possible to implement high-quality machine-readable traceability markings that last throughout the product’s life cycle even in challenging conditions. Cajo’s sustainable laser technology offers manufacturers an over 90 % reduction of the carbon footprint of industrial labelling compared to for example inkjets thanks to additive-free technology.

    Cajo’s systems are already deployed across industries in more than 80 countries to market leaders in various industries including metal, cable, wire, battery, medical, wood, packaging, and end products. Among these market leaders are industrial players across diverse sectors, including PepsiCo, SSAB, Fiskars, and Prysmian.

    The Growing Need for Sustainable Packaging Marking

    Traditional marking methods such as inkjets rely on consumables that generate waste and fail to meet increasingly high industry standards and strict environmental regulations. As businesses strive to meet sustainability targets and regulatory requirements, the demand for innovative, cost-effective, and environmentally friendly marking solutions has never been higher.

    Cajo’s solutions cater to forward-thinking stakeholders in the industry looking to significantly improve production processes while lowering operational costs.

    Fueling the Next Phase of Global Growth

    The Series B investment will be used to accelerate commercial scale-up in key markets including Europe, India, and North America. Cajo will invest in its international sales operations, strengthen its customer success capabilities, and expand production capacity in line with demand from major accounts and partners.

    “This investment marks a pivotal milestone in our journey,” said Niko Karsikas, CEO and Founder of Cajo Technologies. “With Emerald by our side, we are well-positioned to scale our impact, bring MakeBright™ and other innovations to new geographies, and continue supporting our industrial partners with reliable, traceable, and eco-friendly marking technologies.”

    “We are thrilled to partner with Cajo to accelerate the transition to sustainable packaging,” said Fredric Petit, Partner at Emerald. “Cajo’s technology is not only a powerful enabler of traceability and eco-efficiency but also commercially validated by global industry leaders.”

    About Emerald Technology Ventures

    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups.

    Bold Ideas. Bright Future. www.emerald.vc

    CONTACT FOR EMERALD:

    info@emerald.vc

    Cajo Technologies: Pioneering Sustainable Product Marking

    In an era where sustainability is a key driver of industrial innovation, Finnish SME Cajo Technologies Ltd. is revolutionizing product marking with its patented laser solutions. By eliminating the need for ink, labels, and chemicals, Cajo provides an eco-friendly and cost-efficient alternative to traditional marking methods.

    Headquartered in Kempele, Finland, with subsidiaries in India, Cajo Technologies is rapidly expanding its global presence. The company offers comprehensive, easy-to-use solutions for traceability and product marking, leveraging proprietary software and patented technology. Fully optimized for industrial production, Cajo’s marking solutions seamlessly integrate into existing manufacturing processes, significantly reducing maintenance and operational costs.

    Beyond efficiency, Cajo’s technology ensures high-precision traceability markings, even in the harshest industrial environments, while reducing the carbon footprint by up to 90%. This sustainable alternative allows companies to eliminate consumables and harmful additives from their production, aligning with the growing demand for zero-waste manufacturing solutions.

    With a trusted presence in over 80 countries and partnerships with global industry leaders, Cajo Technologies is setting a new benchmark in sustainable manufacturing. By combining innovation with environmental responsibility, the company demonstrates that sustainability and profitability can go hand in hand.

    Cajo MakeBright™: A Game-Changer in Cardboard Marking

    Cajo MakeBright™ introduces a revolutionary way to produce precise and permanent product markings on cardboard with unparalleled sustainability. The patented technology allows for markings without the use of ink, glue, ribbons, or labels, which not only simplifies the recycling process but also enables significant cost savings.

    Cajo MakeBright™ supports both 1D and 2D codes, ensuring maximum readability and achieving A-grade results in compliance with ISO 29158 (AIM-DPM). By eliminating unnecessary materials, MakeBright™ enhances sustainability, streamlines production efficiency, and reduces operational costs. The technology operates without additives, removing the need for single-use plastics and simplifying cardboard recycling. Additionally, it reduces SKU typically over 70%, minimizes stockholding requirements, and decreases supply chain disruptions.

    Choose Cajo for intelligent product marking.

    CONTACT FOR CAJO:

    info@cajotechnologies.com

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c36cf048-5807-4cf6-9ad6-bf5080be9471

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8696e5ec-11ca-4d6a-a4e5-96a0172b745a

    The MIL Network –