NewzIntel.com

Category: Machine Learning

  • MIL-OSI Global: How the CDC’s Epidemic Intelligence Service protects public health at home and abroad

    Source: The Conversation – USA – By Mark Dworkin, Professor of Epidemiology, University of Illinois Chicago

    The Epidemic Intelligence Service has produced a cadre of highly trained public health experts over its 74-year history. peterhowell/iStock / Getty Images Plus via Getty Images

    When the Trump administration announced in February 2025 that it was cutting 10% of staff at the Centers for Disease Control and Prevention, it seemed that a small but storied program within it called the Epidemic Intelligence Service – also known as the CDC’s disease detectives – would also be cut. A few days later, the program was reinstated. And in March, Epidemic Intelligence Service officers traveled to Texas to support the state’s public health officials in fighting the ongoing measles epidemic.

    But after another massive upheaval at the CDC in April, the unit’s future is uncertain. As of now, applications for the program’s next round of fellows has been postponed.

    The Epidemic Intelligence Service is a dynamic crisis response team. Just as firefighters rush into burning buildings to save lives, this team’s specialists mobilize both domestically and internationally to help curb disease outbreaks. But first and foremost, it is a training program that has produced some of the most highly trained and regarded public health experts in the country who have gone on to work at local and state public health offices, academic departments and international health organizations.

    We are public health experts – one an experienced professor who served in the Epidemic Intelligence Service from 1994-1996, and the other an early career trainee who was accepted to its incoming class of 2025-2027. Although it’s not clear how the administration will enact its new vision for the CDC, we hope a continued urgency to identify and fight infectious disease threats – the essence of the Epidemic Intelligence Service – remains a national priority.

    A program rooted in national security

    The Epidemic Intelligence Service is a two-year fellowship open to physicians, scientists and other health professionals. The program accepts 50 to 80 people each year.

    Students participate in an Epidemic Intelligence Service officer training course in July 1955.
    Dr. Alex Langmuir, CDC

    The Epidemic Intelligence Service was founded in 1951, just five years after the launch of the CDC, in response to Cold War-era concerns about biological warfare. Alexander Langmuir, its founder, was the CDC’s chief epidemiologist and has often been called the father of shoe-leather epidemiology – on-the-ground, out-of-the-office disease investigation through extensive field work and engagement with affected populations.

    In a report announcing the unit’s establishment, Langmuir and a colleague wrote that one of the “problems that would emerge in the event of biological warfare attacks” was “the dearth of trained epidemiologists.” They recognized the urgent need for a specialized team capable of rapidly identifying and responding to potential bioterrorism threats.

    Newspaper headlines on April 13, 1955, announce the effectiveness of the polio vaccine.
    March of Dimes via Wikimedia Commons

    The new division soon evolved to address a wide range of civilian public health threats. In 1955, as one of its first major actions, the program’s officers were tasked with investigating an outbreak of polio in children that started just as the first mass vaccination campaign against the disease launched. Within weeks, Epidemic Intelligence Service officers helped trace the outbreak to a few batches of a vaccine manufactured by a California company called Cutter Laboratories in which the virus had not been properly killed. The incident led to increased safety regulations in vaccine production and boosted public confidence, paving the way to eliminating polio from the U.S. in the ensuing decades.

    The Epidemic Intelligence Service has led the way in tackling many of the most historically significant outbreaks of the past 75 years. Starting in 1966, the unit’s officers were deployed to West Africa to assist in a worldwide smallpox eradication campaign that laid the groundwork for eliminating the disease 13 years later. In 1976, the disease detectives were sent to investigate an outbreak in Philadelphia of a mysterious deadly illness. They helped to characterize what would eventually be known as Legionnaires’ disease, a previously unknown bacterial cause of pneumonia.

    And in 1981, a tip from an Epidemic Intelligence Service officer serving in the Los Angeles County Health Department led to the first description of a new disease that would become the global epidemic of HIV-AIDS. The program’s officers went on to help lead foundational studies on prevalence, prevention and treatment of AIDS around the world.

    Beyond vaccines and immunization

    Even from its earliest days, vaccine-preventable and infectious diseases were far from the Epidemic Intelligence Service’s only focus. During the program’s first 15 years, its officers were involved in a wide swath of epidemiological investigations in areas including lead paint exposure, a cancer cluster’s connection to birth defects, family planning practices and famine relief.

    These activities established the group’s priorities of addressing chronic diseases and population health – goals that have also driven its involvement in disaster response efforts, including hurricanes Harvey, Irma, Maria and Katrina, as well as the terrorist attacks on Sept. 11, 2001.

    The Epidemic Intelligence Service has also played a key role in keeping the nation’s food supply safe. It investigates major outbreaks of foodborne illnesses, helping to identify which foods are implicated so that contaminated products are removed from shelves and disseminating investigation findings that inform food safety policy. For example, officers investigated a 1993 outbreak of Escherichia coli O157:H7 linked to undercooked hamburgers at several Jack in the Box restaurants. The outbreak sickened more than 700 people and resulted in the deaths of four children. It also led to major food safety reforms including expanded meat and poultry inspection nationwide.

    The CDC’s “disease detectives” train at sites across the U.S. and abroad.

    A legacy of impact

    The importance of an expert, nimble team of disease detectives has only increased. Over the past few years, Epidemic Intelligence Service officers have responded to countless public health threats.

    The program’s officers were involved at every stage of the COVID-19 pandemic response, conducting outbreak investigations on cruise ships, in prisons and in many other settings. They investigated the outbreak of monkeypox in the U.S. in 2022. Most recently they have investigated cases of avian influenza and are working to help describe and control the ongoing measles outbreak in Texas.

    Perhaps the Epidemic Intelligence Service’s most significant legacy has been in building a worldwide network of deep epidemiological expertise. To date, the program has trained more than 4,000 disease detectives, and its officers have collectively conducted thousands of outbreak investigations.

    The unit’s impact has been global. It has been called in to investigate outbreaks on six continents and has served as a model for epidemiology programs developed in dozens of countries.

    All of these activities, at home and abroad, have shaped health policy in crucial ways that in turn protect people’s health. It is increasingly clear that disease outbreaks will continue to occur in the U.S. and abroad. In our view, the Epidemic Intelligence Service’s history provides rich evidence of its value.

    I am currently a member of the EIS Alumni Association Executive Committee.

    Casey Luc 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. How the CDC’s Epidemic Intelligence Service protects public health at home and abroad – https://theconversation.com/how-the-cdcs-epidemic-intelligence-service-protects-public-health-at-home-and-abroad-251042

    MIL OSI – Global Reports –

  • MIL-OSI China: Various cutting-edge robots displayed at 5th CICPE in Haikou, China’s Hainan

    Source: People’s Republic of China – State Council News

    Various cutting-edge robots displayed at 5th CICPE in Haikou, China’s Hainan

    Updated: April 14, 2025 20:34 Xinhua
    A robot dog by Unitree Robotics is pictured at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 13, 2025. This year’s expo highlights future technology through the debut of various cutting-edge robots. By showcasing AI-powered functionalities and real-world applications, these robots offer a glimpse into the future of daily life. [Photo/Xinhua]
    A robot dog carries medicines at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]
    A robot makes latte art at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 13, 2025. [Photo/Xinhua]
    A child interacts with a robot at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]
    A robot performs traditional “fist and palm” salute at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]
    An exoskeleton robot by ULS Robotics is pictured at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]
    A robot performs cocktail mixing at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]
    A visitor shakes hands with a robot dog by Unitree Robotics at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province, April 14, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI: Primech A&P Transforms Facility Services Industry with AI, Innovation, and Sustainable Growth

    Source: GlobeNewswire (MIL-OSI)

    (Joshua Quek and Edmund Tan, Operations Managers of Primech A & P)

    SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) — Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced its strategic transformation initiatives that are revolutionizing the industry through cutting-edge innovation, operational excellence, and sustainable growth strategies.

    “We’re not just adapting to the future of facility services—we’re actively creating it,” said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. “Through our comprehensive integration of AI, robotics, and digital solutions, Primech A & P is establishing new benchmarks for efficiency, quality, and sustainability in the facility services sector.”

    Pioneering Smart Cleaning Through Technology
    Primech A & P has invested significantly in AI-powered cleaning robots and IoT-enabled monitoring systems operating across high-traffic commercial spaces. These autonomous solutions ensure consistent hygiene standards while effectively addressing labor shortages in the industry.

    The Company’s technological ecosystem includes:

    • Cloud-based workforce management systems for real-time operations tracking
    • Equipment health monitoring via software API to minimize downtime
    • Resource allocation optimization through performance metrics analysis

    This digital transformation has enhanced service delivery while optimizing operational costs, directly benefiting customers through higher quality and more reliable facility services.

    Excellence Through People and Performance
    Primech A & P’s market leadership is built on a foundation of workforce development and superior service standards. The Company has implemented comprehensive training and upskilling programs that equip employees with cutting-edge industry knowledge and technological expertise.

    The Company currently maintains facilities at several of Singapore’s most prestigious locations, including:

    • Singapore’s internationally acclaimed airport
    • Premium commercial office buildings
    • Essential public spaces, including food courts
    • Private residential condominiums
    • Government housing developments

    Strategic Expansion into High-Value Sectors
    As part of its growth strategy, Primech A & P is actively expanding into specialized sectors requiring advanced cleaning solutions:

    • Healthcare and Hospitals: Providing hygiene-critical cleaning for medical facilities, laboratories, and pharmaceutical environments
    • Road Sweeping Innovation: Conducting in-depth assessments to drive technological advancements in public infrastructure maintenance
    • High-Tech Environments: Delivering precision cleaning for semiconductor cleanrooms and cloud data centers
    • Luxury Residential and Commercial: Increasing market share in premium property segments

    Environmental Leadership
    Primech A & P has integrated substantial eco-friendly practices into its operations, including:

    • Deployment of an electric vehicle fleet to reduce carbon emissions
    • Installation of solar panels at company headquarters
    • Development of sustainable cleaning methodologies

    With a strong market presence, a commitment to AI-driven innovation, and a roadmap for expansion, Primech A & P presents an exciting investment opportunity. The Company’s leadership team continues to drive operational excellence, digital transformation, and sustainable growth—paving the way for the next era of smart cleaning and automation.

    Primech A & P is not just shaping the future of facility services—it is revolutionizing the industry through technology, excellence, and forward-thinking solutions.

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.   

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: POET Broadens Customer Engagements Following Showcase of Groundbreaking Products

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 14, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company“) (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, today announced significant new customer engagement in response to live demonstrations of the POET Teralight™ line of 1.6T transmit and receive optical engines that broke performance expectations at the 2025 Optical Fiber Communications (OFC) Conference at the Moscone Center in San Francisco, California.

    POET also debuted POET Blazar™, a groundbreaking external light source (ELS) that promises to shrink costs by an order of magnitude with the potential to disrupt the AI connectivity ecosystem at a time when the industry is in need of viable new solutions.

    “Blazar represents a new class of laser and is designed to drive AI connectivity to the next level. It can transform the economics of AI connectivity with an architecture that reduces costs and increases scale and manufacturing efficiency,” said Dr. Suresh Venkatesan, the Company’s Chairman & CEO. “With the massive amount of compute power that AI demands, we believe that Blazar offers an economically superior solution for co-packaged optics (CPO) applications and, more importantly, for chip-to-chip, light-based connectivity in AI clusters.”

    “The period immediately following OFC is a crucial one for POET and we are seeing robust engagement with existing and new customers alike,” commented Raju Kankipati, POET’s Chief Revenue Officer. “We are laser focused on driving revenue this year and preparing for substantial revenue growth in 2026.”

    About POET Technologies Inc.
    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles.  POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including its Teralight and Blazar product lines, operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful development of high speed transceiver solutions and its penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the completion of its development efforts with its customers, the ability to build working prototypes to the customer’s specifications, and the size, future growth and needs of Artificial Intelligence network suppliers. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its technology to meet performance requirements, the failure to produce optical engines on time and within budget, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to be included in products aimed at AI and datacom networks, operational risks in the completion of the Company’s projects, the ability of the Company to generate sales for its products, and the ability of its customers to deploy systems that incorporate the Company’s products. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8eba04a-f0cf-41fc-b1ac-23060775218c

    The MIL Network –

  • MIL-OSI: Overland AI Unveils ULTRA, a Fully Autonomous Tactical Vehicle for Ground Operations

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, April 14, 2025 (GLOBE NEWSWIRE) — Overland AI today announced the launch of ULTRA, its fully autonomous tactical vehicle.

    ULTRA represents a significant advancement in autonomous ground systems, integrating Overland AI’s proprietary OverDrive software stack, its SPARK hardware infrastructure, and modular payloads that include uncrewed aerial systems (UAS) and counter-UAS systems.

    ULTRA, Overland AI’s fully autonomous tactical vehicle, integrates and deploys multiple modular payloads, including UAS for reconnaissance and breaching operations.

    “ULTRA can navigate environments ranging from dense forests to volcanic ridges,” said Byron Boots, co-founder and chief executive officer of Overland AI. “This empowers the warfighter to win in crucial contested theaters like the Indo-Pacific while keeping them out of harm’s way.”

    ULTRA features a 1,000-pound payload capacity and a top speed of 35 miles per hour, with a cruising range extending to 100 miles. Its off-road autonomy software, developed through extensive and rigorous testing in the DARPA RACER program, enables uncrewed platform movement in GPS-denied environments across brutal terrain and conditions.

    ULTRA is a highly sophisticated yet attritable autonomous ground system that is ready today. Here the vehicle accelerates through complex terrain at high speeds without GPS or prior maps.

    What sets ULTRA apart is its versatility across critical ground operations, including integrated reconnaissance operations, direct support of maneuver forces, counter-UAS protection, resupply for humanitarian aid, including food and water, and contested logistics missions. The system’s networked capabilities enable seamless communication with warfighters and command nodes through local mesh networks, 5G, and satellite uplinks.

    “ULTRA gives commanders an immediately deployable solution for reconnaissance, counter-UAS, and logistics operations,” added Greg Okopal, co-founder and chief operating officer of Overland AI. “The vehicle is backed by resilient, networked communications that extend reach and reduce risk.”

    ULTRA supports many use cases and tactical missions for U.S. Armed Forces with a wide variety of payloads for all-domain intelligence, surveillance, and reconnaissance (ISR), logistics, counter-UAS, and onboard UAS.

    The ULTRA system builds on Overland AI’s established relationship with the U.S. Armed Forces, following the company’s $18.6 million contract with the U.S. Army and Defense Innovation Unit (DIU) for the Robotic Combat Vehicle (RCV) program. The company continues to support programs across the Army, Marine Corps, and Special Operations Command.

    To learn more about ULTRA and Overland AI’s autonomous ground systems, visit www.overland.ai.

    About Overland AI
    Founded in 2022 and headquartered in Seattle, Washington, Overland AI is powering ground operations for modern defense. The company leverages over a decade of advanced research in robotics and machine learning, as well as a field-test forward ethos, to deliver advanced autonomy for unit commanders. Hazardous missions in austere and electronically denied environments demand that this technology is reliable and resilient. Overland AI’s SPARK autonomy upfit and OverDrive stack enable ground vehicles to navigate off-road without GPS or direct operator control. The company built its fully autonomous tactical vehicle, ULTRA, in-house by integrating SPARK and OverDrive into a modular and attritable platform that is currently in production. Overland AI developed OverWatch, its intuitive C2 interface, to provide commanders with the precise coordination of autonomous ground systems that is vital for complex missions to succeed. Overland AI has achieved the end-to-end integration of ground autonomy, from operator to effect, and is putting this capability into the hands of tactical operators today.

    Contact
    Cameron Langford
    overland@1stprinciples.io
    First Principles Communications

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/318097be-4256-483d-87b4-befa3b52f83a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7fddae37-3c8a-4eab-a663-3f1b4ba9b965

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dfff94ef-f0dd-471f-aacc-6127521e3e79

    The MIL Network –

  • MIL-OSI: Lofty Introduces Lofty Bloom to Help Real Estate Pros Dominate their Local Market

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, April 14, 2025 (GLOBE NEWSWIRE) — Award-winning real estate technology innovator, Lofty today unveiled a new, fully automated lead generation offering, Lofty Bloom. Designed to drive both hyper-local brand awareness and inbound seller leads, Lofty Bloom combines the power of direct mail campaigns with digital retargeting ads and AI-driven follow up all from one integrated application. This advancement will enable real estate professionals to dominate key zip codes by offering guaranteed exclusivity and positioning agents as the “go-to” local neighborhood expert. To learn more about how Lofty’s innovations can help your agents and teams streamline daily business operations and drive business growth, visit lofty.com.

    Join our webinar, “Plant the Seeds of Success: Own Your Market with Lofty Bloom” on Thursday, April 17that 1:00 E.T. to learn more.

    By combining direct mail and digital ad campaigns with AI-driven follow up, Lofty Bloom can provide the hyper-local marketing boost agents need to stand out. Each zip code comes with guaranteed exclusivity allowing teams to dominate their local area and help sellers get top dollar for their property. As with other Lofty applications, Lofty Bloom is easy-to-use and can be set up quickly to start generating leads.

    Unlike other available offerings, Lofty Bloom fully automates marketing campaigns by combining four distinct channels including prospecting, retargeting, follow up, and nurturing. Campaigns are launched automatically, without any agent intervention, based on defined triggers and alerts, to establish a consistent marketing cadence. This includes AI-driven follow up and nurturing activities that run entirely on autopilot.

    For example, with Lofty Bloom agents can automatically send out postcards to homeowners in a specified zip code notifying them of just sold and just listed homes in the area – without having to go into the system and execute the task. Postcards include a QR code that directs the recipient to the Home Valuation page on the agent’s Lofty website and serve as an opt in to be contacted and receive marketing communications from the agent. Once the recipient fills out the QR code, Lofty will automatically launch Facebook re-targeting digital ads and leverage Lofty’s award-winning AI technology to follow up, qualify new leads, and schedule appointments.

    “Lofty Bloom is the most dynamic, end-to-end digital farming tool, seamlessly combining postcards, digital marketing, AI-powered nurture, and follow-up for exclusive ZIP Code targeting. Designed to engage homeowners and sellers, it maximizes exposure and ensures agents stand out in their most targeted markets,” noted Dave Carter, Vice President at Lofty.

    To learn more about how Lofty’s unmatched AI capabilities can help your business grow, visit lofty.com/ai/overview.

    About Lofty Inc.
    Lofty Inc. (formerly Chime Technologies) provides an AI-powered platform that helps real estate professionals increase their productivity and accelerate business growth. Featuring award-winning technology, the Lofty platform is designed to optimize every step of the real estate journey, from search to settlement. By leveraging one unified hub, customers can automate marketing programs, streamline the sales process, and maximize collaboration between agents, empowering them to spend more time building relationships and their business. Headquartered in Phoenix, Arizona, Lofty provides proven solutions for brokers, teams, and the enterprise. For more information, visit lofty.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/37b21b8d-2d22-42b1-afe2-0b973229a69c

    The MIL Network –

  • MIL-OSI Global: Getting AIs working toward human goals − study shows how to measure misalignment

    Source: The Conversation – USA – By Aidan Kierans, Ph.D. Student in Computer Science and Engineering, University of Connecticut

    Self-driving cars are only one example where it’s tricky but critical to align AI and human goals. AP Photo/Michael Liedtke

    Ideally, artificial intelligence agents aim to help humans, but what does that mean when humans want conflicting things? My colleagues and I have come up with a way to measure the alignment of the goals of a group of humans and AI agents.

    The alignment problem – making sure that AI systems act according to human values – has become more urgent as AI capabilities grow exponentially. But aligning AI to humanity seems impossible in the real world because everyone has their own priorities. For example, a pedestrian might want a self-driving car to slam on the brakes if an accident seems likely, but a passenger in the car might prefer to swerve.

    By looking at examples like this, we developed a score for misalignment based on three key factors: the humans and AI agents involved, their specific goals for different issues, and how important each issue is to them. Our model of misalignment is based on a simple insight: A group of humans and AI agents are most aligned when the group’s goals are most compatible.

    In simulations, we found that misalignment peaks when goals are evenly distributed among agents. This makes sense – if everyone wants something different, conflict is highest. When most agents share the same goal, misalignment drops.

    Why it matters

    Most AI safety research treats alignment as an all-or-nothing property. Our framework shows it’s more complex. The same AI can be aligned with humans in one context but misaligned in another.

    This matters because it helps AI developers be more precise about what they mean by aligned AI. Instead of vague goals, such as align with human values, researchers and developers can talk about specific contexts and roles for AI more clearly. For example, an AI recommender system – those “you might like” product suggestions – that entices someone to make an unnecessary purchase could be aligned with the retailer’s goal of increasing sales but misaligned with the customer’s goal of living within his means.

    Recommender systems use sophisticated AI technologies to influence consumers, making it all the more important that they aren’t out of alignment with human values.

    For policymakers, evaluation frameworks like ours offer a way to measure misalignment in systems that are in use and create standards for alignment. For AI developers and safety teams, it provides a framework to balance competing stakeholder interests.

    For everyone, having a clear understanding of the problem makes people better able to help solve it.

    What other research is happening

    To measure alignment, our research assumes we can compare what humans want with what AI wants. Human value data can be collected through surveys, and the field of social choice offers useful tools to interpret it for AI alignment. Unfortunately, learning the goals of AI agents is much harder.

    Today’s smartest AI systems are large language models, and their black box nature makes it hard to learn the goals of the AI agents such as ChatGPT that they power. Interpretability research might help by revealing the models’ inner “thoughts”, or researchers could design AI that thinks transparently to begin with. But for now, it’s impossible to know whether an AI system is truly aligned.

    What’s next

    For now, we recognize that sometimes goals and preferences don’t fully reflect what humans want. To address trickier scenarios, we are working on approaches for aligning AI to moral philosophy experts.

    Moving forward, we hope that developers will implement practical tools to measure and improve alignment across diverse human populations.

    The Research Brief is a short take on interesting academic work.

    Aidan Kierans has participated as an independent contractor in the OpenAI Red Teaming Network. His research described in this article was supported in part by the NSF Program on Fairness in AI in collaboration with Amazon. Any opinion, findings, and conclusions or recommendations expressed in this material are his own and do not necessarily reflect the views of the National Science Foundation or Amazon. Kierans has also received research funding from the Future of Life Institute.

    – ref. Getting AIs working toward human goals − study shows how to measure misalignment – https://theconversation.com/getting-ais-working-toward-human-goals-study-shows-how-to-measure-misalignment-251896

    MIL OSI – Global Reports –

  • MIL-OSI Banking: Samsung Introduces Galaxy XCover7 Pro and Galaxy Tab Active5 Pro: Ruggedized Devices for Frontline Excellence

    Source: Samsung

    Samsung Electronics America today announced the new Galaxy XCover7 Pro and Galaxy Tab Active5 Pro, enterprise-ready devices designed to meet the demands of today’s fast-paced, high-intensity work environments. Continuing the legacy of Samsung’s ruggedized devices, these latest Pro models are versatile, optimized and secure — delivering enhanced durability,1 steady performance, and optimized workflows to empower frontline workers, from the office to the field and beyond.
    With 5G connectivity,2 an upgraded processor, and increased memory, the XCover7 Pro and Tab Active5 Pro offer enhanced mobility and reliability. The XCover7 Pro features a powerful new stereo speaker system with anti-feedback technology, which minimizes unwanted audio loops for clearer communication. Both devices offer enhanced battery capacity, with the XCover7 Pro equipped with a 4,350mAh battery for longer usage, while the Tab Active5 Pro comes with a 10,100mAh battery set designed to support demanding workflows. The Tab Active5 Pro also supports Dual Hot-Swap battery functionality, allowing workers to replace batteries3 without powering down their device and ensuring seamless operation even when battery levels are low.

    With the ruggedized smartphone market expected to reach 4.46 million units and the ruggedized tablet market projected to hit 1.89 million units by 2028,4 these devices can be increasingly essential in industries such as retail, government, logistics, healthcare, and manufacturing. Reliable, high-performing, and durable, they can be critical for ensuring seamless operations in any work environment.
    “At Samsung, we understand that frontline professionals need technology that adapts to their fast-paced and demanding work environments,” said Jerry Park, EVP and Head of Global Mobile B2B Team, MX Business at Samsung Electronics. “The Galaxy XCover7 Pro and Galaxy Tab Active5 Pro combine ruggedized durability, enterprise-grade security, seamless connectivity, and intuitive AI-driven features to help businesses operate efficiently in harsh conditions while maximizing productivity and minimizing downtime.”

    MIL OSI Global Banks –

  • MIL-OSI Banking: OEUK news Public asked to join energy conversations as OEUK hosts UK-wide debates 14 April 2025

    Source: Offshore Energy UK

    Headline: OEUK news

    Public asked to join energy conversations as OEUK hosts UK-wide debates

    14 April 2025

    Accessibility Statement

    • oeuk.org.uk
    • 14 April 2025

    Compliance status

    We firmly believe that the internet should be available and accessible to anyone, and are committed to providing a website that is accessible to the widest possible audience, regardless of circumstance and ability.

    To fulfill this, we aim to adhere as strictly as possible to the World Wide Web Consortium’s (W3C) Web Content Accessibility Guidelines 2.1 (WCAG 2.1) at the AA level. These guidelines explain how to make web content accessible to people with a wide array of disabilities. Complying with those guidelines helps us ensure that the website is accessible to all people: blind people, people with motor impairments, visual impairment, cognitive disabilities, and more.

    This website utilizes various technologies that are meant to make it as accessible as possible at all times. We utilize an accessibility interface that allows persons with specific disabilities to adjust the website’s UI (user interface) and design it to their personal needs.

    Additionally, the website utilizes an AI-based application that runs in the background and optimizes its accessibility level constantly. This application remediates the website’s HTML, adapts Its functionality and behavior for screen-readers used by the blind users, and for keyboard functions used by individuals with motor impairments.

    If you’ve found a malfunction or have ideas for improvement, we’ll be happy to hear from you. You can reach out to the website’s operators by using the following email [email protected]

    Screen-reader and keyboard navigation

    Our website implements the ARIA attributes (Accessible Rich Internet Applications) technique, alongside various different behavioral changes, to ensure blind users visiting with screen-readers are able to read, comprehend, and enjoy the website’s functions. As soon as a user with a screen-reader enters your site, they immediately receive a prompt to enter the Screen-Reader Profile so they can browse and operate your site effectively. Here’s how our website covers some of the most important screen-reader requirements, alongside console screenshots of code examples:

    1. Screen-reader optimization: we run a background process that learns the website’s components from top to bottom, to ensure ongoing compliance even when updating the website. In this process, we provide screen-readers with meaningful data using the ARIA set of attributes. For example, we provide accurate form labels; descriptions for actionable icons (social media icons, search icons, cart icons, etc.); validation guidance for form inputs; element roles such as buttons, menus, modal dialogues (popups), and others. Additionally, the background process scans all the website’s images and provides an accurate and meaningful image-object-recognition-based description as an ALT (alternate text) tag for images that are not described. It will also extract texts that are embedded within the image, using an OCR (optical character recognition) technology. To turn on screen-reader adjustments at any time, users need only to press the Alt+1 keyboard combination. Screen-reader users also get automatic announcements to turn the Screen-reader mode on as soon as they enter the website.

      These adjustments are compatible with all popular screen readers, including JAWS and NVDA.

    2. Keyboard navigation optimization: The background process also adjusts the website’s HTML, and adds various behaviors using JavaScript code to make the website operable by the keyboard. This includes the ability to navigate the website using the Tab and Shift+Tab keys, operate dropdowns with the arrow keys, close them with Esc, trigger buttons and links using the Enter key, navigate between radio and checkbox elements using the arrow keys, and fill them in with the Spacebar or Enter key.Additionally, keyboard users will find quick-navigation and content-skip menus, available at any time by clicking Alt+1, or as the first elements of the site while navigating with the keyboard. The background process also handles triggered popups by moving the keyboard focus towards them as soon as they appear, and not allow the focus drift outside it.

      Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements.

    Disability profiles supported in our website

    • Epilepsy Safe Mode: this profile enables people with epilepsy to use the website safely by eliminating the risk of seizures that result from flashing or blinking animations and risky color combinations.
    • Visually Impaired Mode: this mode adjusts the website for the convenience of users with visual impairments such as Degrading Eyesight, Tunnel Vision, Cataract, Glaucoma, and others.
    • Cognitive Disability Mode: this mode provides different assistive options to help users with cognitive impairments such as Dyslexia, Autism, CVA, and others, to focus on the essential elements of the website more easily.
    • ADHD Friendly Mode: this mode helps users with ADHD and Neurodevelopmental disorders to read, browse, and focus on the main website elements more easily while significantly reducing distractions.
    • Blindness Mode: this mode configures the website to be compatible with screen-readers such as JAWS, NVDA, VoiceOver, and TalkBack. A screen-reader is software for blind users that is installed on a computer and smartphone, and websites must be compatible with it.
    • Keyboard Navigation Profile (Motor-Impaired): this profile enables motor-impaired persons to operate the website using the keyboard Tab, Shift+Tab, and the Enter keys. Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements.

    Additional UI, design, and readability adjustments

    1. Font adjustments – users, can increase and decrease its size, change its family (type), adjust the spacing, alignment, line height, and more.
    2. Color adjustments – users can select various color contrast profiles such as light, dark, inverted, and monochrome. Additionally, users can swap color schemes of titles, texts, and backgrounds, with over seven different coloring options.
    3. Animations – person with epilepsy can stop all running animations with the click of a button. Animations controlled by the interface include videos, GIFs, and CSS flashing transitions.
    4. Content highlighting – users can choose to emphasize important elements such as links and titles. They can also choose to highlight focused or hovered elements only.
    5. Audio muting – users with hearing devices may experience headaches or other issues due to automatic audio playing. This option lets users mute the entire website instantly.
    6. Cognitive disorders – we utilize a search engine that is linked to Wikipedia and Wiktionary, allowing people with cognitive disorders to decipher meanings of phrases, initials, slang, and others.
    7. Additional functions – we provide users the option to change cursor color and size, use a printing mode, enable a virtual keyboard, and many other functions.

    Browser and assistive technology compatibility

    We aim to support the widest array of browsers and assistive technologies as possible, so our users can choose the best fitting tools for them, with as few limitations as possible. Therefore, we have worked very hard to be able to support all major systems that comprise over 95% of the user market share including Google Chrome, Mozilla Firefox, Apple Safari, Opera and Microsoft Edge, JAWS and NVDA (screen readers).

    Notes, comments, and feedback

    Despite our very best efforts to allow anybody to adjust the website to their needs. There may still be pages or sections that are not fully accessible, are in the process of becoming accessible, or are lacking an adequate technological solution to make them accessible. Still, we are continually improving our accessibility, adding, updating and improving its options and features, and developing and adopting new technologies. All this is meant to reach the optimal level of accessibility, following technological advancements. For any assistance, please reach out to [email protected]

    MIL OSI Global Banks –

  • MIL-OSI China: Consumer goods expo highlights China’s growing allure for global brands

    Source: People’s Republic of China – State Council News

    HAIKOU, April 14 — The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises.

    This year’s expo has drawn record participation from over 4,100 brands across 71 countries and regions, reflecting the expanding international appetite for engagement with China’s vast consumer market and its evolving landscape.

    The UK, this year’s guest country of honor, brought 27 companies spanning fashion, beauty, and other fields. Flagship brands like Burberry and Bentley showcased their latest offerings, with a strong emphasis on green technology and sustainable development.

    “I have seen the tremendous innovation and growth taking place within China’s economy in recent years, not least in digital technologies, life sciences and green energy,” said Douglas Alexander, minister of state of the UK’s Department for Business and Trade.

    These areas present significant opportunities for both economies, he said, emphasizing the UK’s commitment to deepening economic ties with China.

    Burberry Greater China President Josie Zhang noted the value of the expo in facilitating foreign firms to engage with local partners. “By deepening cooperation with various stakeholders, we aim to explore new market opportunities and achieve mutual growth,” she said in a written interview with Xinhua.

    Slovakia also made a notable debut with its first-ever national pavilion. Andrea Jancekova, CEO of Slovak brand Truscada, praised the expo’s global reach. “You can have a good connection also with people from all over the world.”

    Slovak Deputy Prime Minister Denisa Saková highlighted the expanding trade ties between the two countries. “China is one of our most important trading partners outside the European Union,” she said. “The growing volume of trade is a testament to the strength and dynamism of our economic relationship.”

    Among the newcomers was Japan’s Eda Livestock Co., Ltd., known for its premium Wagyu beef. “We plan to establish a foreign trade company in Hainan as our strategic entry point into the Chinese market,” said Rei Tanaka, the firm’s chief operating officer, who participated in the CICPE for the first time.

    This year’s expo also gathered an array of top-tier global luxury brands. Richemont’s TimeVallée debuted as an independent exhibitor, while LVMH and Kering Group brands made notable appearances, reflecting confidence in China’s premium consumption growth.

    “Luxury consumers in China are significantly younger than those in many overseas markets, and that presents a major opportunity for us,” said Nancy Liu, president of luxury travel retailer DFS China. The company has introduced tailored services to cater to the expectations of these emerging consumer groups.

    Beyond luxury, sectors like automotive and technology are repositioning China from being a mere sales destination to a research and innovation hub.

    Amid China’s technological innovation momentum, this year’s expo for the first time introduced dedicated zones for artificial intelligence and the low-altitude economy, showcasing cutting-edge technologies and products from leading tech companies around the world.

    “Since 2020, Volkswagen has invested over 10 billion euros in China. In particular, we have established a research and development center in China in 2023, the largest outside Germany,” said Su Bahong, vice president of Volkswagen Group China. “This shows the trend where China is becoming the global technological innovation hub.”

    MIL OSI China News –

  • MIL-OSI USA: What We Talk About When We Talk About AI

    Source: US State of Connecticut

    Depending on who is asked, artificial intelligence (AI) may be revered, feared, or just plain weird. To some, AI represents the dawn of a new golden age of technology and humanity. And others would argue that so-called AI is not really that “intelligent” at all. 

    In order to have these disagreements productively, argues UConn Humanities Institute Director Anna Mae Duane, we first have to clear something up: are we even talking about the same thing? 

    “There’s an issue of disciplinary language — when we’re talking about AI, even when we’re using the same words in the same language, we don’t mean the same thing at all,” says Duane. “What a philosopher means by ‘intelligence’ and what a computer programmer means by ‘intelligence,’ or ‘learning’ or ‘training’ or ‘language,’ are all very different things.” 

    Duane has had a career-long penchant for collaborating with other scholars, across disciplines and continents. Under her leadership, the UCHI’s latest venture is “Reading Between the Lines: An Interdisciplinary Glossary for Human-Centered AI,” a partnership with the International University at Rabat (UIR) in Morocco. 

    This partnership is supported by a $25,000 grant from the Consortium of Humanities Centers and Institutes (CHCI).  

    It will include a series of podcasts with interdisciplinary experts weighing in on these critical AI conversations, culminating in a cross-campus, in-person symposium in fall 2025.  

    ‘L’ is for Large Language Model

    What we refer to as “AI” is usually a large language model, which works just how it sounds – by absorbing vast amounts of linguistic data and learning to synthesize outputs based on this data. Examples of LLMs include ChatGPT and the built-in AI features on many apps. 

    But exactly what language are these models being trained on? Predominantly English, notes Duane.  

    This can result in issues when AI is used for non-English contexts. For example, Duane recalls a colleague at UIR who is developing an application to help seniors in need of arthritis care. 

    “What became clear was that just because the AI she was using was trained on English, there were all sorts of mistranslations and misunderstandings,” Duane says. 

    In addition to mistranslations on a literal level, AI can also introduce cultural errors. Culturally informed care is critical to increasing access to healthcare for everyone; an LLM that is trained on mainstream American ideologies will be less useful in every other cultural context. 

    This is just one unforeseen consequence of modeling LLMs on a diet of data dominated by one small corner of the world. Others are likely to emerge as AI is integrated into more industries and technologies.  

    But by establishing a strong scholarly basis for understanding these consequences, Duane thinks we can also help mitigate them. 

    “We’re not helpless in how this turns out, including how we speak about it now,” she says. “We don’t have to do this sort of passive, ‘Well, it’s off and running…’ thing.” 

    Collaborating with an international university, where the primary languages spoken are French and Arabic, is an important step in building this understanding. 

    “This project is a bold step toward reimagining AI in ways that respect and reflect linguistic and cultural diversity,” says Dr. Ihsane Hmamouchi, Vice-Dean at the International Faculty of Medicine at UIR. “What excites me most is our commitment to embedding patient stories and social realities into AI models. By doing so, we’re not only challenging the structural biases of conventional systems but also paving the way for more equitable, human-centered digital healthcare solutions. It’s about developing technology that listens as much as it computes.” 

    Taking the Conversation Global

    “One reason this became possible is because we’ve been putting together an interdisciplinary AI working group here, building that conversation,” says Duane. “We have computer scientists and philosophers and historians and journalists, and we meet once a month via the Institute.” 

    This working group was first supported by a UConn CLAS Multidisciplinary Research Grant. With the interdisciplinary groundwork already laid, the research team was able to then expand the conversation, growing what had previously been an “informal collaboration” with AI scholars at UIR. 

    It’s a testament to the creative and scholarly potential that is unlocked when academics can freely share and build on one another’s expertise. 

    “Here at UConn, we have this great synergy between people in several disciplines, and the capacity to really learn from each other’s work, in ways that produce better research and better conversations than staying in our silos,” Duane says. “We can’t [stay in our silos], on something like AI. It’s going to change everything about how we work and live.” 

    In addition to Duane and Hmamouchi, the project’s collaborators include Clarissa J. Ceglio, UCHI Associate Director of Collaborative Research and Associate Professor of Digital Humanities; Nasya Al-Saidy, UCHI Managing Director; Dan Weiner, Vice Provost of UConn Global Affairs; and Allison Cassaly, Global Initiatives Coordinator, UConn Global Affairs. 

    MIL OSI USA News –

  • MIL-OSI: Kaltura TV Genie Wins 2025 NAB Show Streaming Product of the Year Award

    Source: GlobeNewswire (MIL-OSI)

    New York, April 14, 2025 (GLOBE NEWSWIRE) —

    Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, announced the Kaltura TV Genie has won the Product of the Year for Streaming at the 2025 NAB Show Awards. This official awards program recognizes some of the most significant and promising new products and technologies showcased by exhibitors at NAB Show. 

    Kaltura’s TV Genie enables media and telecommunication companies to offer AI-powered, hyper-personalized lean-forward viewing experiences for audiences, as well as streamline their operations through the enhancement and automation of content enrichment and curation.   

    TV Genie uses advanced AI to analyze a user’s real-time mood and feedback, their preferences, and more, learning their behavior to generate more accurate and tailored viewing recommendations, transforming endless content searches into instant engaging discovery. It makes a broader range of content accessible to wider audiences with automatic translation and improved navigation through advanced content chaptering, allowing users to easily skip to their desired viewing moments.  

    Beyond generating hyper-personalized recommendations for users, TV Genie helps streaming services create better content for their viewers, automatically curating and suggesting content in real-time for editors based on their catalogue and current trends – driving continuous and ongoing engagement.  

    “AI is transforming the entire content lifecycle – from creation to discovery to consumption – driving down costs and boosting viewer engagement and revenue,” said Natan Israeli, Chief Customer Officer at Kaltura. “We’re honored by this recognition from NAB and remain committed to innovating AI technologies that deliver hyper-personalized viewing experiences.” 

    NAB Show Product of the Year Award Winners were selected by a panel of industry experts in 16 categories and announced in a live awards ceremony at NAB Show on April 8. To be eligible for an award, nominated products had to come from companies exhibiting at the 2025 NAB Show and be delivered within the 2025 calendar year.  

    “NAB is proud to recognize the industry’s top work driving a remarkable range of solutions opening new frontiers and shaping the future of content creation, distribution and monetization,” said Eric Trabb, senior vice president and chief customer success officer at NAB. “Congratulations to Kaltura on earning the 2025 NAB Show Product of the Year Award for its TV Genie— a breakthrough solution transforming a pivotal stage of the content lifecycle and empowering storytellers to meet today’s challenges while shaping the future of media.” 

    Click here for more information about the 2025 NAB Show Product of the Year Awards. 

    Learn more about Kaltura AI-infused video solutions, 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 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 NAB   

    The National Association of Broadcasters is the premier advocacy association for America’s broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.   

    About NAB Show   

    NAB Show is the preeminent conference and exhibition driving the evolution of broadcast, media and entertainment, held April 5-9, 2025 (Exhibits April 6-9) in Las Vegas. Produced by the National Association of Broadcasters, NAB Show is the ultimate marketplace for next-generation technology inspiring superior audio and video experiences. From creation to consumption, across multiple platforms, NAB Show is where global visionaries convene to bring content to life in new and exciting ways. Learn more at NABShow.com.  

    The MIL Network –

  • MIL-OSI: NowVertical to Present at the Planet MicroCap Showcase: VEGAS in partnership with MicroCapClub on Wednesday, April 23, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 14, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a leading data and AI solutions provider, today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on Wednesday, April 23, 2025 at 5:30 PM (Local Time -PST). Sandeep Mendiratta, CEO of NowVertical will be hosting the presentation and answering questions at the conclusion.

    To access the live presentation, please use the following information:

    Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub
    Date: Wednesday, April 23, 2025
    Time: 5.30 PM (Las Vegas, NV Local Time PST)
    Webcast: https://event.summitcast.com/view/YNz6mnmEsXyrdRxb78w2nX/3nmzTFQfbrWziDqFNpwV5A

    If you would like to book 1×1 investor meetings with NowVertical, and to attend the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub, please make sure you are registered here: REGISTER

    1×1 meetings will be scheduled and conducted in person at the conference venue: Paris Hotel & Casino in Las Vegas, NV

    The Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub website is available here: HOME PAGE

    If you can’t make the live presentation, all company presentations “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda”: AGENDA

    About NowVertical Group Inc.

    The Company is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions. For further details about NowVertical, please visit www.nowvertical.com.

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

    For more information, visit www.nowvertical.com.
    For further information, please contact:
    Andre Garber, CDO
    IR@nowvertical.com

    Investor Relations: Bristol Capital Ltd. 
    Stefan Eftychiou
    stefan@bristolir.com
    (905) 326-1888 x60

    About Planet MicroCap

    Planet MicroCap is a global multimedia financial news, publishing and events company for the MicroCap investing community. We have cultivated an active and engaged audience of folks that are interested in learning about and to stay ahead of the curve in the MicroCap space.

    If you would like to attend the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub, please register here: REGISTER

    Forward-Looking Statements

    This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements“), including, the alignment of the Company’s leadership and shareholders, and the associated results of the transactions contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: 180 Degree Capital Corp. Notes Preliminary Net Asset Value per Share of $4.42 as of March 31, 2025, and Portfolio Company Updates From Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    MONTCLAIR, N.J., April 14, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) provided the following update regarding its portfolio company holdings during the first quarter of 2025.

    “As we mentioned in our press release on March 24, 2025, that noted the filing of our preliminary joint proxy statement/prospectus, Q1 2025 has been positive for a number of portfolio holdings,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “Our preliminary net asset value per share (“NAV”) as of March 31, 2025, of $4.42, is the result of strong performance from our public investments that outperformed the Russell Microcap Index by approximately 1900bps offset by expenses related to our proposed all-stock merger with Mount Logan Capital, Inc. (the “Business Combination”). On a relative basis, our gross total return of +4.5% compares favorably to the –14.4% total return for the Russell Microcap Index.1 The difference between our gross total return and our net total return, or change in NAV, of -4.7% was primarily the result of expenses related to our Business Combination and included almost $300,000 in additional professional fees resulting from the public efforts to derail our proposed Business Combination. Our day-to-day operating expenses declined by over 30% from Q1 2024.”

    Mr. Rendino continued, “We are certainly open and interested in the perspectives of our shareholders and are always available to speak with any and every shareholder. That said, we would prefer to allocate our capital to efforts to grow our NAV rather than adding unnecessary expense to this proposed Business Combination. While the direct merger-related expenses incurred in Q1 2025 were material, we continue to believe that this investment will result in significant future value creation for 180 Degree Capital shareholders through their material ownership of the merged company. We believe the capabilities of Mount Logan will greatly advance our ability to provide more comprehensive solutions to public companies, and we remain fully convinced that this is the right path for value creation for 180 Degree Capital’s shareholders.”

    Daniel Wolfe, President of 180 Degree Capital added, “Along with providing this preliminary NAV as of March 31, 2025, we thought it would also be useful to note the performance of our individual portfolio companies in the quarter. Q1 2025 provided a lot of positive momentum, overall, in our efforts on the investment front to build maximum net asset value for 180 Degree Capital shareholders as we head into our proposed Business Combination with Mount Logan Capital. As Kevin noted above, our gross total return during Q1 2025 that was approximately 1900 basis points above the benchmark represents extraordinary gross performance for us. Q2 2025 has started off with significant headwinds resulting from the potential impacts of tariffs and increases in the probability of a recession. While our largest investments have little to no direct exposure to the proposed or implemented tariffs, they are not immune to potential collateral impacts, including a recession and/or material declines in consumer spending. Even with these headwinds, as of the close of the public markets on April 11, 2025, our estimated gross and net total return in 2025 continues to be approximately 1800bps and 1000bps ahead of the Russell Microcap Index.1 As always, we are laser-focused on our resolve to navigate these uncertain times and set a floor for potential future value creation for our collective shareholders.”

    Exited Positions:

    • Intevac, Inc. (IVAC) – On February 13, 2025, IVAC announced it entered into a definitive agreement to be acquired by Seagate Technology Holdings plc. The acquisition closed on March 31, 2025. In addition to the acquisition price of $4.00 per share, IVAC issued aggregate distributions to shareholders of an additional $0.102 per share. The total proceeds of $4.102 per share was a 20.6% premium to the closing price of IVAC on December 31, 2024, and increased NAV by $0.07.
    • Brightcove, Inc. (BCOV) – On February 4, 2025, Bending Spoons completed its acquisition of BCOV for $4.45 per share, or a 2.3% premium to the closing price of BCOV on December 31, 2024, and increased NAV by 0.01.

    Ongoing Positions (Largest to Smallest by Value):

    • Potbelly Corporation (PBPB) – While PBPB reported Q4 2024 results that beat guidance and analyst estimates, Q1 2025 guidance included negative comps that were weaker than analyst estimates due to inclement weather in January and February in key market areas in the Midwest, DC and Texas. Weeks in Q1 2025 with no weather impact showed year-over-year growth in comps, and without inclement weather, PBPB believed comps for Q1 would have been positive. March comps were communicated to be back on track with positive comps. Even with the weather-related headwinds in Q1 2025, PBPB’s full-year 2025 guidance included comps to increase between 1.5-2.5% and EBITDA was in-line with estimates. PBPB expects to open at least 38 stores this year, with about 85% of that number being franchised shops. PBPB’s stock price increased from $9.42 on December 31, 2024, to $9.51 on March 31, 2025, or +1.0%, and increased NAV by $0.01.
    • Synchronoss Technologies, Inc. (SNCR) – SNCR reported results for Q4 2024 that exceeded all analyst estimates. Guidance for 2025 included strong EBITDA and free cash flow generation enabled by increasing gross margins and continued subscriber growth amongst its largest customers. SNCR also reported progress towards the receipt of an expected $28 million plus interest tax refund from the IRS. SNCR’s stock price increased from $9.60 on December 31, 2024, to $10.89 on March 31, 2025, or +13.4%, and increased NAV by $0.12.2
    • Ascent Industries Co. (ACNT) – ACNT’s Q4 2024 results showed continued improvement in operating efficiency led to dramatic improvements in GM, EBITDA and profitability. The unlock of working capital and inventory led to an increase in cash on hand from $8m to $16m. ACNT also renegotiated a major chemical contract that, when combined with other operational improvements is currently expected to more than offset continued soft demand in the chemicals market—the recovery of which ACNT currently expects to H2 2025 or 2026. On March 12, 2025, ACNT announced the sale of its Bristol Metals subsidiary for $45 million as part of its continued effort to become a pure-play chemicals business. ACNT’s stock price increased from $11.18 on December 31, 2024, to $12.66 on March 31, 2025, or +13.2%, and increased NAV by $0.06.
    • comScore, Inc. (SCOR) – SCOR reported Q4 2024 results that included a return to top-line growth and meaningful EBITDA growth. Growth was strongest in its cross-platform and activation businesses at approximately 20%+, and such growth rate is currently expected to continue and potentially expand in 2025. In January 2025, SCOR announced a revised data licensing agreement with Charter that saves a minimum of $35 million over the remaining life of the data contract. Additionally, SCOR secured additional debt capital from Blue Torch to enable investment in growing businesses. SCOR’s stock price increased from $5.84 on December 31, 2024, to $6.87 on March 31, 2025, or +17.6%, and increased NAV by $0.04.
    • RF Industries, Ltd. (RFIL) – RFIL reported strong performance in its fiscal first quarter that ended on January 31, 2025, that exceeded analyst estimates and included strong year-over-year and quarter-over-quarter growth. RFIL’s management noted improving visibility across its customer base along with demand for its higher-gross-margin products. RFIL’s management noted that improvements in its operations to date and further optimization of its manufacturing over the ensuing quarters are expected to enable RFIL to reach its goal of EBITDA margins of at least 10%. RFIL’s stock price increased from $3.91 on December 31, 2024, to $4.69 on March 31, 2025, or +19.9%, and increased NAV by $0.04.
    • Arena Group Holdings, Inc. (AREN) – AREN currently expects to report its Q4 2024 and full year 2024 results on or before April 15, 2025. During Q1 2025, AREN announced the appointment of Paul Edmondson as Chief Executive Officer. AREN’s stock price increased from $1.34 on December 31, 2024, to $1.73 on March 31, 2025, or +29.1%, and increased NAV by $0.04.
    • Lantronix, Inc. (LTRX) – While LTRX’s FYQ2 25 (CYQ4 24) report beat estimates, FYQ3 (CYQ1 25) guidance trailed consensus estimates largely because estimates had revenue from Gridspertise continuing at similar levels to first two fiscal quarters of 2025 and instead no revenue is expected in FYQ3 and Q4 2025. This was the second quarter of beat on prior quarter, but guide down on subsequent quarter, which impacted credibility of management with investors. LTRX’s core out-of-band business is doing well with high margins. Overall margins are expected to improve as low-margin Gridspertise business rolls off. Even with the below consensus guide, LTRX expects to remain adj. EPS positive and cash flow positive. LTRX’s stock price decreased from $4.12 on December 31, 2024, to $2.49 on March 31, 2025, or -39.6%, and decreased NAV by $0.11.
    • Commercial Vehicle Group, Inc. (CVGI) – While CVGI reported results in Q4 2024 and EBTIDA guidance for 2025 that exceeded analyst estimates, revenue guidance for 2025 was materially below analyst estimates due to continued expected softness in construction and agricultural equipment markets. While CVGI expects to be able pass-through tariff costs to its customers, it is possible that such uncertainty may delay or reduce customer demand. CVGI has been able to obtain covenant relief from its lenders and is proactively taking steps to refinance its outstanding term loan and ABL facilities well ahead of the term loan maturity in 2027 and to establish a new set of covenants that better align with the current state of its business. The substantial decline in CVGI’s stock price during 2024 and continuing into 2025 will likely lead to CVGI being removed from the Russell Indices. CVGI’s stock price decreased from $2.48 on December 31, 2024, to $1.15 on March 31, 2025, or -53.6%, and decreased NAV by $0.05.

    New Positions:

    • 180 Degree Capital began building new positions in three publicly traded companies during Q1 2025, that it looks forward to discussing in future communications with investors.

    Mr. Wolfe concluded, “We have used, and plan to continue to actively use, the ongoing volatility in the public markets to identify and take advantage of investment opportunities that we believe can lead to appreciation in 180 Degree Capital’s net asset value ahead of our proposed Business Combination. The timing of the sales of BCOV and IVAC could not have been better as they have provided us with substantial capital to take advantage of these opportunities as they present themselves. Meanwhile, this cash provides a cushion to the impact of the volatility on our current holdings and interest income. With regard to merger-related expenses, we currently believe that a substantial portion of these expenses were front-end loaded, and as such, future merger-related expenses will be materially lower than those incurred to date. We are actively managing these and our day-to-day expenses to minimize the impact to NAV as much as possible. We look forward to further discussions with shareholders including after we update our joint preliminary proxy statement/prospectus to include the U.S. GAAP financials for Mount Logan and to our continued progress toward the planned completion of our proposed Business Combination in the ensuing months.”

    About 180 Degree Capital Corp.

    180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.

    Press Contact:
    Daniel B. Wolfe
    Robert E. Bigelow
    180 Degree Capital Corp.
    973-746-4500
    ir@180degreecapital.com

    Additional Information and Where to Find It

    In connection with the agreement and plan of merger among 180 Degree Capital Corp. (“180 Degree Capital”), Mount Logan Capital Inc. (“Mount Logan”), Yukon New Parent, Inc. (“New Mount Logan”), Polar Merger Sub, Inc., and Moose Merger Sub, LLC, dated January 16, 2025, as it may from time to time be amended, modified or supplemented (the “Merger Agreement”) that details the proposed combination of the businesses of 180 Degree Capital and Mount Logan and any other transactions contemplated by and pursuant to the terms of the Merger Agreement (the “Business Combination”), 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, New Mount Logan plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.

    Certain Information Concerning the Participants

    180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 13, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination will be contained in the Proxy Statement when such document becomes available.

    Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 13, 2025, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://sedarplus.ca. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.ca/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.

    Non-Solicitation

    This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common shares or 180 Degree Capital’s common shares; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.

    Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.

    1. Past performance is not an indication or guarantee of future performance. Gross unrealized and realized total returns of 180 Degree Capital’s cash and securities of publicly traded companies are compounded on a quarterly basis, and intra-quarter cash flows from investments in or proceeds received from privately held investments are treated as inflows or outflows of cash available to invest or withdrawn, respectively, for the purposes of this calculation. 180 Degree Capital is an internally managed registered closed-end fund that has a portion of its assets in legacy privately held companies that are fair valued on a quarterly basis by the Valuation Committee of its Board of Directors, and 180 Degree Capital does not have an external manager that is paid fees based on assets and/or returns. Please see 180 Degree Capital’s filings with the SEC, including its 2024 Annual Report on Form N-CSR for information on its expenses and expense ratios.

    2. Inclusive of restricted stock units and options for the purchase of restricted stock issued to Kevin Rendino as compensation for service on the board of directors of SNCR. All economic benefit from these securities has been assigned to 180 Degree Capital.

    The MIL Network –

  • MIL-OSI: CURRENC Group to Report Full Year 2024 Financial Results on April 16, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it will report its full year 2024 financial results before the market opens on Wednesday, April 16, 2025.

    Management will hold a conference call at 8:00 a.m. Eastern Time on Wednesday, April 16, 2025.

    Participant Online Registration:
    https://registrations.events/direct/Q4I632571

    Webcast:
    https://events.q4inc.com/attendee/835144607

    A live webcast of this conference call will be available at https://investors.currencgroup.com. A replay of the conference call will be available at the same link above.

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    Investor & Media Contact

    CURRENC Group Investor Relations

    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: Toobit x TradingView: Experience Seamless Futures Trading with Pro-Level Precision

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Island, April 14, 2025 (GLOBE NEWSWIRE) — Toobit, a rising star in the world of cryptocurrency trading, continues to push boundaries through user-first innovations and state-of-the-art tools. In their latest stride toward delivering an enhanced trading journey for traders of all levels, Toobit has officially integrated its Futures trading platform with TradingView  — one of the industry’s most trusted and feature-rich charting platforms. This powerful integration merges Toobit’s advanced futures trading infrastructure with TradingView’s intuitive interface and deep analytical capabilities, offering users a smoother, smarter, and more data-driven trading experience.

    What Is TradingView?

    TradingView is a widely respected charting and social network platform used by millions of traders worldwide. Known for its sleek interface and comprehensive set of technical analysis tools, TradingView allows users to monitor financial markets, draw insights, and share trading ideas in real-time.

    When it comes to futures trading, TradingView becomes even more powerful. It provides dynamic charts, a wide array of indicators, and the ability to test strategies—making it an essential tool for both novice and professional traders. The integration with Toobit means users can now access all these tools directly while trading, making decision-making faster and more data-driven.

    Key Benefits of Integration

    The TradingView and Toobit integration brings several standout advantages:

    • Real-Time Market Data Visualization: Toobit traders can now view live futures data on TradingView’s interface, enhancing situational awareness and reaction speed during fast-moving markets.
    • Advanced Charting Tools: Traders gain access to a suite of indicators, drawing tools, and customizable layouts that allow for deep technical analysis of futures pairs.
    • Integrated Watchlists and Layouts：Customize your TradingView workspace with Toobit pairs, enabling a more efficient and centralized monitoring experience.

    What This Means for the Toobit Community

    This integration marks an important milestone for the Toobit ecosystem by enhancing the way users analyze and track futures markets. Key benefits include:

    • Stronger Technical Analysis Capabilities
      With access to TradingView’s professional-grade charts and analytical tools, Toobit users can now explore market trends, price movements, and potential trade setups with greater depth and clarity.
    • Smoother User Experience
      Viewing Toobit futures data on TradingView allows for a centralized, intuitive interface where users can conduct analysis more efficiently without switching between platforms.
    • Improved Market Monitoring
      Real-time visualization of Toobit futures markets empowers users to make timely, data-informed decisions—an essential edge in fast-moving crypto environments.

    What’s Next for Toobit?

    Toobit is committed to continuous platform enhancement. Future phases of the TradingView integration will explore interactive features such as trade execution, order management, and strategy sharing. Additionally, Toobit will continue expanding asset offerings, improving user interface design, and providing more educational and multi-language support.

    Conclusion

    The integration of Toobit’s Futures platform with TradingView marks a significant milestone. Traders can now access real-time market data and leverage TradingView’s advanced charting tools to deepen their understanding of price movements and market trends. This streamlined access to professional technical analysis within a familiar interface sets a new benchmark for futures market insight. Whether you’re an experienced trader or just starting out, this integration offers a smarter, more informed way to navigate the crypto futures landscape.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Erin G
    Email: erin.gao@toobit.com
    Website: www.toobit.com

    Disclaimer: This press release is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/299c94e3-8405-424c-9b3d-a7d842305028

    The MIL Network –

  • MIL-OSI NGOs: Sudan: Two years into the conflict, the world’s largest humanitarian crisis now threatens regional stability

    Source: Oxfam –

    Upcoming rains and aid cuts could further hamper humanitarian efforts and push millions of people to famine  

    As Sudan’s conflict enters its third year, massive displacement and fighting are spilling over into neighbouring countries, worsening the already catastrophic humanitarian crisis.  The looming rainy season, combined with aid cuts by the US and other key donors, will severely hamper humanitarian efforts putting millions of lives at risk, a new Oxfam report warned today. 

    Sudan’s brutal conflict has created the world’s largest humanitarian crisis. More than 12.7 million people —nearly one-third of the population— have been forced to flee their homes, including 3.7 million to neighbouring countries. One in two Sudanese is hungry. Five areas in the country are already experiencing famine, and nearly eight million more people are at risk of starvation. 

    The upcoming rains could turn roads to mud, and trigger the collapse of vital bridges, cutting off entire areas and communities from essential aid and services. This period coincides with the annual lean season, when food insecurity already peaks.  

    The Oxfam report –The Unravelling of the World’s Largest Humanitarian Disaster: From the Sahel to the Red Sea – published jointly with humanitarian organisations responding to the Sudan crisis, highlights the staggering human cost of the Sudan conflict. It warns that the crisis is now spilling over neighbouring South Sudan and Chad, where humanitarian needs are already dire.  

    Fati N’Zi-Hassane, Oxfam in Africa Director, said: 

    “We are already witnessing clashes between armed groups from South Sudan and Sudan. This volatile situation is simmering like a volcano ready to erupt any minute. Unless the fighting stops and the humanitarian crisis is addressed, the situation could quickly turn into a full-blown regional catastrophe.”  

    Two of the host countries, South Sudan and Chad, are already among the world’s poorest countries. They grapple with ongoing conflict, food insecurity, and climate shocks, leaving them ill-equipped to manage the crisis.  

    “We are already witnessing clashes between armed groups from South Sudan and Sudan. This volatile situation is simmering like a volcano ready to erupt any minute. Unless the fighting stops and the humanitarian crisis is addressed, the situation could quickly turn into a full-blown regional catastrophe.”  

    Fati N’Zi-Hassane, Oxfam in Africa Director

    Oxfam International

    In South Sudan, the arrival of people fleeing Sudan’s conflict has put more pressure on already scarce resources, which is deepening local tensions and threatening the fragile peace South Sudan has struggled to maintain.  

    Nadia, a mother of five-year-old son Ismail who fled and is now sheltering in Renk, South Sudan, after soldiers killed her husband and two children says: “The war took everything. We left with nothing but the clothes on our backs. Here, we are safe from bullets, but there is no food, we are dying of hunger.” 

    The report also found that 17 million children in Sudan are out of school, while 65 percent of refugee children in Chad lack access to education — heightening risks of child labour, marriage, trafficking, and recruitment by armed groups. 

    For the first time in the history of modern humanitarian response, a single country –Sudan – reaches over 30 million people in need of humanitarian assistance. Yet, despite the rapidly worsening humanitarian crisis, international support is falling severely short. Only 10 percent of this year’s UN appeal for Sudan has been met to date. 

    The recent suspension of approximately $64 million USAID funding for Chad and South Sudan in 2025 has also dealt a severe blow to lifesaving efforts. In 2024, the U.S. was the largest donor to both countries.  

    “Turning a blind eye to this crisis would not only be a profound political and moral failure, but a failure of our core humanity. Without immediate injection of funds, millions of people will simply die of starvation or disease,” added N’Zi-Hassane. 

    The report urges all warring parties to halt fighting and prioritize diplomacy, in order to forge an immediate and lasting ceasefire.  

    MIL OSI NGO –

  • MIL-OSI Russia: Registration is open for the Summer School on Cryptography and Information Security (July 7-21, 2025, St. Petersburg)

    Translartion. Region: Russians Fedetion –

    Source: Novosibirsk State University – Novosibirsk State University –

    Registration is open for the Summer School on Cryptography and Information Security (July 7-21, 2025, St. Petersburg)!

    The Summer School-Conference “Cryptography and Information Security” is a traditional event organized by the Cryptographic Center (Novosibirsk) and the International Mathematical Center in Akademgorodok. In 2025, the Summer School “Cryptography and Information Security” will be held in St. Petersburg, at the St. Petersburg State University of Aerospace Instrumentation (GUAP).

    Dates: July 7 – 21, 2025.

    Venue: St. Petersburg, GUAP.

    Participation format: face-to-face.

    Application deadline: May 15th.

    There is a possibility of partial financial support for the arrival and accommodation of out-of-town participants.

    Students will attend lectures, team and individual work in projects related to solving research problems in the field of cryptography and information security, and participate in sports activities. One of the most important events of the school-conference is a round table on modern problems of cryptography. The topics of the projects touch upon various issues of modern cryptography and information security: algorithms of symmetric and asymmetric cryptography, issues of constructing cryptographic protocols for solving authentication, identification, key transfer, message exchange and other cryptographic problems.

    University students, postgraduates and high school students are invited to participate.

    You can submit an application on the school website

    The organizers and partners of the summer school are:

    – Cryptographic center (Novosibirsk)

    – International Mathematical Center in Akademgorodok

    – Saint Petersburg State University of Aerospace Instrumentation (SUAI)

    – Southern Federal University

    – LLC “Special Technology Center”

    – OOO “Systems of practical security”

    – Enseucrypto-lab LLC

    – Neokutus

    Let us recall that in 2024 the Summer School was held in Taganrog, in 2023 in Kaliningrad, and before that in Novosibirsk.

    Dear friends, we are waiting for you at the summer school in the northern capital!

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

    MIL OSI Russia News –

  • MIL-OSI: Signing Day Sports Signs Non-Binding Letter of Intent to Acquire All Equity of blockchAIn Digital Infrastructure, a Profitable Data Hosting Company

    Source: GlobeNewswire (MIL-OSI)

    blockchAIn Digital Infrastructure Generated Unaudited Revenue of $26.8 million and Net Income of $4.0 million in 2024

    blockchAIn Digital Infrastructure Focused on Crypto Mining, Artificial Intelligence (“AI”), and High-Performance Computing (“HPC”) Data Hosting Markets

    blockchAIn Digital Infrastructure Expected to Expand into U.S.-based Crypto Mining

    SCOTTSDALE, Ariz., April 14, 2025 (GLOBE NEWSWIRE) — Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced the signing of a non-binding letter of intent (“LOI”) to acquire 100% of the issued and outstanding shares of blockchAIn Digital Infrastructure (collectively together with certain of its affiliates and subsidiaries, “blockchAIn Digital Infrastructure” or “blockchAIn DI”) which will operate a crypto mining, AI and HPC data hosting company with an expected 200MW of properties in South Carolina and Texas. The transaction will be structured as an all-equity exchange in which Signing Day Sports will acquire all of the equity securities of blockchAIn Digital Infrastructure through the issuance of its equity securities to the equity securityholders of blockchAIn DI. Signing Day Sports will not be required to make any cash payment to blockchAIn Digital Infrastructure or the securityholders of blockchAIn DI in connection with the transaction.

    In 2024, blockchAIn Digital Infrastructure generated unaudited revenue of $26.8 million and net income of $4.0 million.

    The market for digital infrastructure—including crypto mining, HPC, and AI-related computing—is evolving rapidly as demand for energy-efficient processing power continues to grow. Amid increasing sustainability standards and renewed emphasis on domestic infrastructure, blockchAIn Digital Infrastructure is positioned to pursue opportunities across a wide range of compute-intensive applications.

    blockchAIn Digital Infrastructure’s current operations include a 40 MW crypto mining hosting facility in South Carolina with expansion capability to 50 MW for third-party crypto miners in South Carolina, subject to utility approval. blockchAIn Digital Infrastructure anticipates transitioning to internally owning and mining crypto currency at their South Carolina facility in late 2025 or early 2026, to facilitate revenue and earnings growth. blockchAIn Digital Infrastructure is also in the process of commissioning a new 150MW crypto mining, AI and HPC data hosting facility in Texas with favorable economics with 34.5kV of interconnectivity to the grid for activation in late 2026. The Texas facility can be modularly built providing flexibility for crypto mining and/or AI and HPC data hosting activities. It is currently anticipated that the first 100MW will be initially focused on internally owned crypto mining operations and the remaining 50MW of capacity used for AI and HPC data hosting. This capital efficient and flexible modular business model will provide blockchAIn DI with optionality to pursue different revenue mixes as the crypto mining, AI and HPC markets continue to develop.

    Signing Day Sports views the proposed transaction as a compelling opportunity to enhance its platform by combining with a technology-driven business with strong fundamentals and scalable infrastructure.

    The transaction between blockchAIn Digital Infrastructure and Signing Day Sports is intended to result in the combined company being traded on the NYSE American. blockchAIn Digital Infrastructure will continue to operate under blockchAIn DI’s management team, and it is intended that blockchAIn Digital Infrastructure will merge with and into a newly-formed subsidiary of Signing Day Sports with blockchAIn Digital Infrastructure, surviving the merger and become a wholly-owned subsidiary of Signing Day Sports.

    “This transaction gives us a highly strategic entry point into the digital infrastructure space—one that is already revenue-generating, cost-efficient, and well-positioned to scale,” said Danny Nelson, Chief Executive Officer of Signing Day Sports. “blockchAIn Digital Infrastructure provides a platform anchored by crypto mining operations, HPC capacity, and a clear roadmap toward AI workload enablement. We are excited about the potential to participate in this growing market through a combined company with proven assets, operational depth, and a strong financial foundation. Our teams will work expeditiously to move the transaction forward and we anticipate completing the due diligence and definitive docs within the next 45 days.”

    The LOI is non-binding, and the transaction’s completion remains subject to customary due diligence, execution of definitive agreements, regulatory and stock exchange approvals, and other standard closing conditions. Signing Day Sports intends to provide further updates as discussions progress.

    Terms of the Transaction

    The business combination is expected to be effectuated through a structure, whereby blockchAIn Digital Infrastructure will merge with and into a newly formed subsidiary of Signing Day Sports with blockchAIn Digital Infrastructure surviving the merger and becoming a wholly-owned subsidiary of Signing Day Sports. The parties may also agree upon a to-be-determined alternative structure based on the appropriate legal, tax and accounting structuring advice of their respective representatives. Under the LOI, the consideration to be paid at closing to blockchAIn Digital Infrastructure or their securityholders will be comprised of shares of Signing Day Sports common stock with a value of approximately $215.0 million, subject to an exchange ratio and other certain adjustments, at an implied value per share for Pubco of $10.04 (including adjustment as applicable for exchange listing purposes). Upon the closing of the business combination, the stockholders of Signing Day Sports are anticipated to collectively own approximately 8.5% of the outstanding common stock of the combined company, and blockchAIn Digital Infrastructure’s equity securityholders are anticipated to collectively own approximately 91.5% of the outstanding common stock of the combined company. The board of directors of Signing Day Sports post-transaction will be comprised of no less than five (5) and no greater than seven (7) directors. At least one director will be designated by the existing directors of Signing Day Sports, and blockchAIn DI will designate the remaining directors. blockchAIn DI will also designate the new Chief Executive Officer and Chairman of the Company.

    It is anticipated that the definitive agreements will contain customary representations, warranties and covenants made by Signing Day Sports and blockchAIn Digital Infrastructure, including covenants relating to both parties using their commercially reasonably efforts to cause the transactions contemplated by the agreement to be satisfied, covenants regarding obtaining the requisite approval of Signing Day Sports’ stockholders, covenants regarding indemnification of directors and officers, and covenants regarding Signing Day Sports’ and blockchAIn Digital Infrastructure’s conduct of their respective businesses between the date of signing of definitive agreements and the closing, and other customary conditions to closing. It is anticipated that definitive agreements will also contain certain termination rights for both Signing Day Sports and blockchAIn Digital Infrastructure, and, in connection with the termination of any such definitive agreements under certain circumstances, Signing Day Sports and blockchAIn Digital Infrastructure may be required to pay the other party a termination fee.

    It is anticipated that any definitive agreements will need to be approved by both of the Board of Directors of Signing Day Sports and blockchAIn Digital Infrastructure respectively. Signing Day Sports anticipates it will receive a fairness opinion in connection with the business combination in the event definitive agreements are executed. Entry into definitive agreement is subject to (i) legal, tax and accounting structuring advice, (ii) the satisfactory completion of due diligence investigation by the parties on all aspects of business, operations, financial condition and other assets and liabilities appropriate for a transaction of this nature, and (iii) the satisfaction of the conditions described in the LOI. 

    Although generally non-binding, the LOI contains certain binding exclusivity and confidentiality terms and other binding terms and provisions. The LOI provides that none of the parties will consider any other similar transaction for a period that will continue until the earlier of 45 days from the date of the LOI (April 11, 2025) or the execution of definitive agreements, subject to certain extension provisions. Following the expiration of such exclusivity period, the LOI may be terminated by any party for any reason by written notice to the other parties.

    Advisors

    Advisors to the transaction include Maxim Group LLC, which is serving as exclusive financial advisor to blockchAIn Digital Infrastructure. Loeb & Loeb LLP is serving as counsel to blockchAIn Digital Infrastructure. Bevilacqua PLLC is serving as counsel to Signing Day Sports.

    Signing Day Sports

    Signing Day Sports’ mission is to help student-athletes achieve their goal of playing college sports. Signing Day Sports’ app allows student-athletes to build their Signing Day Sports’ recruitment profile, which includes information college coaches need to evaluate and verify them through video technology. For more information on Signing Day Sports, go to https://bit.ly/SigningDaySports.

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, including without limitation, the parties’ ability to enter into definitive agreements and complete the transaction, blockchAIn Digital Infrastructure’s ability to integrate its business into that of a publicly listed company post-merger, the ability of the parties to obtain all necessary consents and approvals in connection with the transaction, obtain NYSE American clearance of a listing application in connection with the transaction, the parties’ ability to obtain their respective equity securityholders’ approval, obtain sufficient funding to maintain operations and develop additional services and offerings, market acceptance of blockchAIn Digital Infrastructure’s current products and services and planned offerings, competition from existing or new offerings that may emerge, impacts from strategic changes to the parties’ business on net sales, revenues, income from continuing operations, or other results of operations, the parties’ ability to attract new users and customers, the parties’ ability to retain or obtain intellectual property rights, the parties’ ability to adequately support future growth, the parties’ ability to comply with user data privacy laws and other current or anticipated legal requirements, and the parties’ ability to attract and retain key personnel to manage their business effectively. These risks, uncertainties and other factors are expected to be further described in a proxy statement/registration statement to be filed with the Securities and Exchange Commission relating to this transaction. See also the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These risks, uncertainties and other factors are, in some cases, beyond the parties’ control and could materially affect results. If one or more of these risks, uncertainties or other factors become applicable, or if these underlying assumptions prove to be incorrect, actual events or results may vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contacts:
    Crescendo Communications, LLC
    212-671-1020
    SGN@crescendo-ir.com

    The MIL Network –

  • MIL-OSI USA: 04-12-25 LAW NEWS RELEASE – Gun Buyback Program

    Source: US State of Hawaii

    04-12-25 LAW NEWS RELEASE – Gun Buyback Program

    Posted on Apr 12, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF LAW ENFORCEMENT

    KA ʻOIHANA HOʻOKŌ KĀNĀWAI

     

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

     

    MIKE LAMBERT

    DIRECTOR

    KA LUNA HOʻOKELE

     

    OʻAHU COMMUNITY GUN BUYBACK PROGRAM NETS 367 FIREARMS

    Residents Received $37,900 in Grocery Gift Cards

     

     

    FOR IMMEDIATE RELEASE

    April 12, 2025

    HONOLULU – O‘ahu residents today turned in an estimated 367 firearms of all types in exchange for $37,900 in Foodland gift cards distributed by the Hawai‘i Department of Law Enforcement (DLE), as part of efforts by the administration of Governor Josh Green, M.D., to protect Hawai‘i residents from gun violence. The Department of the Attorney General, Honolulu Police Department and the Aloha Stadium Authority are  partnering in this initiative.

    “I want to thank everyone who turned in an unwanted firearm today, because in doing so, you have helped to make our community that much safer,” said Governor Green. “Keeping ourselves and each other safe and healthy is a personal choice that also benefits our neighbors. We thank DLE Director Mike Lambert for continuing this effort and for our partners’ help in this ongoing gun buyback program.”

    “We are working to make our community safer in many ways, including initiatives like this gun buyback program. These unwanted guns will never again be used. They will never again pose any type of threat to a loved one or have an opportunity to be used in a crime,” said Department of Law Enforcement Director Mike Lambert.

     

    Individuals who turned in the following firearms were thanked with Foodland gift cards given in exchange:

    • $200 Foodland gift card for automatic firearms of any type, semi-automatic rifles, ghost guns.
    • $100 Foodland gift card for handguns, rifles, shotguns, bump stocks, Glock switches

    There was no limit on the number of firearms turned in, but individuals were limited to receiving a maximum of three gift cards total. DLE personnel accepted both working and non-working firearms and also offered gun locks for anyone who didn’t wish to turn in a gun, but still wanted to make their firearms safe. Licensed gun dealers, as well as active and retired law enforcement officers, were not eligible to participate.

    DLE continues to plan for gun buyback events on the neighbor islands. “Neighbor island police officers attended today’s event and were also present during previous events,” said DLE Deputy Director Jared Redulla. “The neighbor island officers are observing to learn the various tasks associated with the gun buyback program so that events can be run on the neighbor islands in the future.” Plans for future gun buyback events will be announced as scheduled.

    DLE thanks the 2024 Legislature for appropriating funding in the fiscal year 2025 budget for the April 12 event.

    This is an amnesty program, in which no questions were asked about the person dropping off any firearms. No identification was required. On-site officials reserved the right to refuse acceptance of firearms or issuing of gift cards.

    # # #

    Media contact:

    Jared K. Redulla

    Deputy Director of Law Enforcement

    Department of Law Enforcement

    Cellphone Number: 808-864-9431

    Email: [email protected]

    MIL OSI USA News –

  • MIL-OSI USA: News Release – DOH Reports Sixth Travel-Related Dengue Virus Case of 2025

    Source: US State of Hawaii

    News Release – DOH Reports Sixth Travel-Related Dengue Virus Case of 2025

    Posted on Apr 11, 2025 in Latest Department News, Newsroom

     

     

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF HEALTH

    KA ʻOIHANA OLAKINO

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIA‘ĀINA

    KENNETH S. FINK, M.D., MGA, MPH
    DIRECTOR

    KA LUNA HO‘OKELE

    DOH REPORTS SIXTH TRAVEL-RELATED DENGUE VIRUS CASE OF 2025

    FOR IMMEDIATE RELEASE

    April 11, 2025                                                                                                    25-035

    HONOLULU — The Hawai‘i Department of Health (DOH) has confirmed a new travel-related case of dengue virus on Oʻahu, bringing the total number of dengue cases to six in the state in 2025 (one on Maui, five on Oʻahu). The affected individual in this current case was exposed to the virus while traveling in a region where dengue is common. This case is unrelated to the dengue case previously reported on April 10, 2025.

    DOH teams have been deployed to conduct inspections and implement mosquito control measures in the affected area. The public is encouraged to follow best practices to help prevent local transmission, as outlined below.

    Dengue virus is transmitted from an infected person to a mosquito, and then to another person. While Hawai‘i is home to the mosquitoes that can carry dengue, the disease is not endemic (established) in the state, and cases are currently limited to travelers. Several regions worldwide are experiencing higher-than-usual dengue activity.

    Dengue outbreaks occur in many parts of the world, including Central and South America, Asia (including the Republic of the Philippines), the Middle East, Africa, and several Pacific Islands, such as U.S. territories like American Samoa, the Federated States of Micronesia, the Republic of the Marshall Islands and the Republic of Palau. Many popular tourist destinations in the Caribbean, including Puerto Rico, are also affected.

    In 2024, there were 16 travel-related cases of dengue reported in the state of Hawaiʻi. Cases reported travel to the following countries prior to symptoms onset: Brazil, Argentina, Costa Rica, El Salvador, Guatemala, Mexico, Puerto Rico, Honduras, Indonesia, Thailand, Japan, Philippines and India. All destinations listed are areas where dengue is known to be endemic.

    Anyone who plans to travel to or has recently visited an area with dengue risk is vulnerable to infection. The Centers for Disease Control and Prevention (CDC) advises travelers to take standard precautions when visiting such areas. This includes using an Environmental Protection Agency (EPA)-registered insect repellent, wearing long-sleeved shirts and long pants outdoors, and sleeping in air-conditioned rooms, rooms with window screens, or under insecticide-treated bed nets. Some countries are reporting increased dengue cases, so travelers should review up-to-date country-specific travel information for guidance on dengue risk and prevention measures at least four to six weeks before traveling.

    Travelers returning from dengue-endemic areas should take precautions to prevent mosquito bites for three weeks. If dengue symptoms develop within two weeks of return, travelers should seek medical evaluation.

    Symptoms of dengue can range from mild to severe and include fever, nausea, vomiting, rash and body aches. Symptoms typically last two to seven days, and while severe illness can occur, most people recover within a week. Individuals who have recently traveled and are experiencing these symptoms should contact their healthcare provider.

    In areas with suspected or confirmed dengue cases, DOH personnel from the Vector Control Branch (VCB) are conducting inspections and mosquito-reduction activities. Reducing mosquito populations lowers the risk of dengue transmission to others. In areas without reported dengue cases, eliminating mosquito breeding sites around the home is a helpful preventive measure.

    Mosquitoes need only small amounts of standing water to breed. Common breeding sites include buckets, water-catching plants (such as bromeliads), small containers, planters, rain barrels and even cups left outside. Pouring out containers of standing water can significantly reduce the potential for mosquito breeding.

    For more information, visit the Disease Outbreak Control Division (DOCD) and Vector Control Branch (VCB) websites.

    # # #

    Media Contact:

    Kristen Wong

    Information Specialist

    Hawaiʻi State Department of Health

    Mobile: 808-953-9616

    Email: [email protected]

     

    MIL OSI USA News –

  • MIL-OSI Economics: Thales to supply NATO with latest-generation situational awareness solution to ensure decision superiority

    Source: Thales Group

    Headline: Thales to supply NATO with latest-generation situational awareness solution to ensure decision superiority

    • Thales has been selected by NATO to deliver phase 3 of the NCOP (NATO Common Operational Picture) programme called “NCOP-BMD”. NCOP will provide NATO commanders with a unified, real-time representation of theatres of operations and the threat landscape to improve situational awareness of joint forces operations.
    • Thales has partnered NATO on its tactical situational awareness programme since 2012, with the development of Increment-1 and Increment-2 of NCOP that equip around 30 NATO command centres.
    • The contract is an opportunity for Thales to continue to support NATO in its mission of coordination, planning and command tasks, by providing unprecedented ballistic missile defence (BMD) capabilities to help protect European member nations against the growing threat of ballistic missiles.

    “Thales has built up a wealth of expertise in managing NATO interoperability issues since 2015, and this third contract will draw on that legacy. Thales will be providing new functionalities for ballistic missile defence in order to improve the situational awareness of NATO Commanders with BMD enhancement.” said Gérard Herby, Vice President, Protection Systems, Thales.

    Joint operations today are conducted by land, air and naval units with many different types of command systems, which generate huge amounts of georeferenced operational information. The NCOP application captures, aggregates and correlates all this information to generate a single, comprehensive view of the theatre of operations, providing NATO commanders with a Common Operational Picture (COP) that ensures optimised awareness of joint forces operations, for more effective decision-making and action.

    To meet this requirement, Thales has developed a software system designed to provide the operational community with secure access to multiple COPs. Tactical information from multiple data sources delivers improved situational awareness of joint forces operations, thereby ensuring information superiority across the battlespace.

    Each COP is displayed in real time and includes key elements such as operations in progress, the logistical and operational capabilities of friendly and enemy forces, and possible action plans for future coordinated efforts

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    MIL OSI Economics –

  • MIL-OSI Russia: Mathematicians from the Nizhny Novgorod Higher School of Economics have proven the existence of stable chaos in complex systems

    Translartion. Region: Russians Fedetion –

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

    Researchers fromInternational Laboratory of Dynamic Systems and Applications HSE University – Nizhny Novgoroddeveloped a theory that allows us to prove with mathematical precision the existence of stable chaotic behavior in networks of interacting elements. The work opens up new possibilities for studying complex dynamic processes in neuroscience, biology, medicine, chemistry, optics and other fields. The results of the study have been accepted for publication in the leading international scientific journal Physical Review Letters. The results of the study can beget acquaintedin the Arxiv.org archive.

    In scientific terminology, chaos does not mean disorder, but dynamics that are extremely sensitive to the slightest changes. In such modes, the system’s behavior becomes unpredictable, which in some cases turns out to be useful. For example, in neuroscience, stable chaos helps prevent excessive synchronization of neurons and, as a result, epileptic seizures. In artificial intelligence algorithms, chaotic modes help improve the efficiency of learning.

    Chaotic dynamics are also used to describe behavioral and economic cycles and help make more accurate short-term forecasts. However, until recently, the question remained open: how to understand whether the observed dynamics are truly chaotic, or just a temporary phenomenon, followed by stabilization of the system?

    Scientists from the National Research University Higher School of Economics – Nizhny Novgorod, Professor Alexey Kazakov and postgraduate students Efrosinia Karatetskaya and Klim Safonov, together with Professor Dmitry Turaev from Imperial College London, were able to answer this question by applying the concept of pseudo-hyperbolicity.

    Professor Turaev took part in the creation of this concept together with the Nizhny Novgorod mathematician Leonid Shilnikov. This property of the system excludes the transition to a stable state and guarantees the preservation of chaotic behavior, even if the system is affected by small external disturbances. By checking the conditions of pseudohyperbolicity, the researchers proved that networks of four or more identical interacting oscillators can demonstrate stable chaos under certain functions of the connections between the elements.

    Moreover, the authors constructed numerical maps of the regions of existence of stable and unstable chaos and described different types of chaotic attractors, including two-winged and four-winged analogues of the classical Lorenz attractor.

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

    MIL OSI Russia News –

  • MIL-OSI: Aifeex Nexus Acquisition Corporation Issues Statement on Unauthorized Use of its Name by Parties Unaffiliated with the Company

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, April 14, 2025 (GLOBE NEWSWIRE) — The following statement has been released by Aifeex Nexus Acquisition Corporation (Nasdaq: AIFEU, f/k/a Shepherd Ave Capital Acquisition Corporation) (the “Company”), a special purpose acquisition company:

    It has come to the Company’s attention that unauthorized entities or individuals have issued social media posts and posted claims on websites suggesting that the Company has been acquired or is otherwise affiliated with other companies, has chosen a target to complete its business combination, or has completed the combination. These actors are capitalizing on a similarity in the Company’s name to the name of other entities.

    The Company wishes to make clear that the parties who made those statements are not (and have never been) affiliated with the Company in any capacity. The Company remains an independent and publicly traded company that is listed on Nasdaq. No other company owns, controls, or is affiliated with the Company unless formally disclosed through appropriate regulatory filings.

    The Company also wishes to make clear that it is searching for a suitable target to complete its business combination. It has not identified a specific target or entered into any binding letter of intent or definitive agreement with any target.

    We take the integrity of our brand, our communications, and our relationships with shareholders and partners very seriously. Out of an abundance of caution, we have taken steps to assess the situation thoroughly and are engaging legal counsel to evaluate appropriate actions.

    We advise our stakeholders, partners, and the public to refer only to official communications from the Company and verified sources. The Company does not conduct any public solicitation regarding investment, fundraising or business combination opportunities through any print, online, social media, or other public platforms. The Company does not permit the use of our names, logos, or marks to any investment platforms or third parties and reserves the right to take all appropriate steps to protect its legal rights and reputation.

    If you are considering purchasing securities in the Company, you may wish to consider consulting your broker or obtaining professional investment advice from a qualified investment advisor. If you have been targeted in a scheme such as the ones described above, please contact your local law enforcement office or local securities regulator. 

    No Offer or Solicitation

    This press release shall not constitute an offer to sell or a 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.

    Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

    Company contact:

    pr@shepherdavecapital.com

    The MIL Network –

  • MIL-OSI: Bitget Records $2.08 Trillion Total Trading Volume in Q1 2025; Spot Trading Surged 159% QoQ

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, April 14, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines.

    User growth remained strong. Bitget added 4.89 million users on its CEX platform and 15 million users on Bitget Wallet in Q1 alone, bringing the platform’s global user base to over 120 million—a nearly 20% rise. Bitget’s native token, BGB, had a volatile but net-positive quarter. The period also saw the introduction of a refreshed roadmap for BGB, outlining expanded utility in staking, Launchpad participation, and integrations with new DeFi ecosystems. A quarterly burn schedule remains in place to manage supply-side pressures.

    Security stayed front and center, especially after a record-breaking $2.1 billion was lost to crypto hacks industry-wide. Bitget transferred nearly $100 million in ETH to Bybit after its breach, a move that signaled a rare but critical exchange-to-exchange alignment in times of crisis. Meanwhile, Bitget’s Proof-of-Reserves consistently exceeded the 130% mark through Q1. Its Protection Fund grew from $495 million in January to $514 million by March, tracking a cautious yet upward trend in asset reserves.

    “This quarter’s performance shows the value of staying agile in a volatile environment. In the next quarter, we will continue to focus on institutional-grade infrastructure and double down on expanding its Web3 presence through our ecosystem. Compliance remains a key pillar as the exchange navigates tighter global oversight while staying anchored to its core ethos: helping users trade smarter,” said Gracy Chen, CEO at Bitget.

    Beyond product performance, Bitget broadened its global footprint through on-ground events and targeted initiatives. It entered motorsports by sponsoring Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup and hosted Ramadan-focused gatherings across MENA and Asia. Over 60,000 meals were distributed during the holy month through donations from local partners.

    The Blockchain4Her initiative, launched in 2024 with $10 million earmarked for long-term deployment, marked its first anniversary. The program welcomed three new ambassadors and ran activations in Southeast Asia and Eastern Europe aimed at onboarding more women into Web3.

    Bitget also advanced its infrastructure and integrations. AI-backed trading tool Bitget Seed was introduced to identify and list early-stage tokens with strong on-chain signals. Integrations with Zen and Callpay improved fiat onramps across Europe and South Africa. BGB’s liquidity expanded further through Morph Chain and Bulbaswap.

    Bitget continues to scale its infrastructure, onboard new users, and optimize for resilience. With a robust user pipeline, rising token activity, and new partnerships in motion, the platform is set for another strong quarter.

    For the full Q1 2025 full report, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b44f8d0-d6b3-40ae-a53f-5e2a7967d105

    The MIL Network –

  • MIL-OSI Asia-Pac: “Sci-Fi, Sci-Talk” to offer free screenings of two sci-fi films to explore relationship between technology and human (with photos)

    Source: Hong Kong Government special administrative region

         Jointly organised by the Film Programmes Office, the Hong Kong Space Museum and the Hong Kong Science Museum of the Leisure and Cultural Services Department, “Sci-Fi, Sci-Talk” will feature two popular sci-fi films, “Interstellar” (2014) and “A.I. Artificial Intelligence” (2001), which will be screened free of charge at the Lecture Hall of the Hong Kong Space Museum at 2pm on April 20 and 21 respectively, leading audiences to reflect on the impact of technological advancements on human life. 

         Astrophysicist and Associate Professor of the Department of Science and Environmental Studies of the Education University of Hong Kong, Professor Chan Man-ho, and Research Professor of the Department of Mechanical and Automation Engineering of the Chinese University of Hong Kong and Principal Investigator of the CUHK Jockey Club AI for the Future Project, Professor Yam Yeung, have been invited as guest speakers for post-screening talks respectively to explore the scientific knowledge behind the films.

         In “Interstellar”, the protagonist, Cooper, is pulled into a black hole while on a mission searching for habitable planets for humankind. He accidentally enters a five-dimensional space created by future humans, where he communicates with his daughter on Earth using gravity and helps her achieve a plan to save humanity. The film visually presents scientific concepts such as relativity, black holes and wormholes on the screen, allowing the audience to experience the wonder of science through the story.

         In “A.I. Artificial Intelligence”, directed by Steven Spielberg, a robotic boy named David, endowed with genuine human emotions, is adopted by a human, Monica, as a replacement for her seriously ill son. Following her own son’s recovery and return home, David desperately searches for a way to become a real human in the hope of regaining Monica’s motherly love and care. The film profoundly explores the relationship between love, humanity and technology, making it a classic in the genre of sci-fi films featuring robots.

         Both films are in English with Chinese subtitles.

         Admission is free on a first-come, first-served basis. For programme enquiries, please call 2734 2900 or visit www.lcsd.gov.hk/fp/en/listing.html?id=74. “Sci-Fi, Sci-Talk” is one of the programmes of HK SciFest 2025 held by the Hong Kong Science Museum from April 18 to 27. For details about HK SciFest 2025, please visit the website at www.hk.science.museum/scifest2025/?lang=en.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by SITI at World Internet Conference Asia-Pacific Summit – Main Forum on the Digital Intelligence Future (English only)

    Source: Hong Kong Government special administrative region

    Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the World Internet Conference (WIC) Asia-Pacific Summit – Main Forum on the Digital Intelligence Future today (April 14):
     
    Vice-chairman Francis Gurry (Vice-chairman of the WIC), Secretary General Ren Xianliang (the Secretary General of the WIC), distinguished guests, ladies and gentlemen,
     
         Good afternoon. Again welcome to Hong Kong.  
     
         Under the theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”, this Summit brings together experts and leaders to explore the establishment of a solid foundation for digital intelligence, the advancement of “AI+” applications across diverse industries, and the resolution of critical challenges in security and governance in the digital era. These areas are pivotal for every economy to fully unlock the potential of the digital economy, drive technological progress and enhance economic competitiveness.
     
         Today, digital intelligence is no longer confined to predictive algorithms or data-driven decision making. It is augmenting human capabilities and redefining governance, commerce, and communication. More importantly, the future will be determined not only by how fast AI and machines learn, but also by how well we, the humanity, adapt and integrate these intelligent systems into our daily lives.
     
         Hong Kong has long benefited from the unwavering support of our motherland in its journey to become an international innovation and technology (I&T) centre. The national strategies have prioritised technological innovation as a core pillar of development, showcasing substantial support for Hong Kong’s progress in this area. The Government of the Hong Kong Special Administrative Region (SAR) has made significant investments in various forms of infrastructure to strengthen the foundation for local I&T development and foster technological innovation.
     
         Among all, a key priority is to reinforce Hong Kong’s strong R&D (research and development) capabilities, with three local universities ranked among the world’s top 20 for data science and AI in the QS 2025 subject rankings. Our global research collaboration platform, the InnoHK Research Clusters, has established collaborations with more than 30 world-renowned universities and research institutes from 12 economies, brought together more than 2,500 researchers from home and abroad, and established a total of 30 InnoHK research laboratories, more than half of which focus on AI and robotics-related technologies.
     
         In addition to the AI Supercomputing Centre (AISC) established by Cyberport in December last year, the Hong Kong Microelectronics Research and Development Institute, which focuses on third-generation semiconductor core technology, is crucial to powering AI systems. Looking ahead, we are preparing to establish the Hong Kong AI Research and Development Institute, which will focus on supporting upstream R&D efforts and facilitating the transformation of R&D outcomes into practical applications, marking another significant step forward in Hong Kong’s innovation journey.
     
         More than just a transformative tool for upgrading traditional industries, AI is a dynamic catalyst for innovation and reinvention. The concept of “AI+”, signifying the seamless integration of AI into various sectors, is bringing about unprecedented breakthroughs and unlocking new opportunities. Hong Kong has firmly grasped this potential to accelerate the development of new quality productive forces and enhance its global competitiveness by intensifying our efforts to promote new industrialisation. 
     
         To this end, the Hong Kong SAR Government has implemented targeted initiatives to assist local manufacturers in adopting smart technologies, advancing production processes and enhancing productivity. For example, the $10 billion New Industrialisation Acceleration Scheme provides financial support to enterprises in fields such as AI, robotics, life and health technology, new energy and advanced manufacturing to set up new smart production facilities in Hong Kong.
     
         Furthermore, a $10 billion Innovation and Technology Industry-Oriented Fund is about to be set up to channel more market capital to invest in emerging and future industries of strategic importance. We will also launch the I&T Accelerator Pilot Scheme to attract professional start-up service agencies to enrich Hong Kong’s start-ups ecosystem by leveraging their extensive business network and experience.    
     
         While the integration of AI across industries is propelling innovation and growth, the exponential growth of digital intelligence demands a new framework – one built on ethical responsibility, robust security, and inclusivity. No single economy or industry can tackle these challenges alone. As we discuss how to build a robust foundation for digital intelligence, let us not forget to embrace collaborative intelligence – the synergy between human ingenuity and artificial advancements, and strengthen cross-regional, cross-sector and cross-cultural collaboration to ensure that technology amplifies human potential rather than replacing it. This is the truly unbreakable foundation of digital intelligence.
     
         Being Asia’s world city and a strategic hub for digital innovation, Hong Kong will continue to contribute its I&T power to promote collaboration and innovation across the Asia-Pacific region, and the world. As we reflect on the transformative power of AI and digital technologies, let us continue to work together to break new ground, transcend boundaries and borders, and contribute to the betterment of humanity. 
     
         Before I close, I would like to express my sincere gratitude to each and every one of you for your unwavering support and commitment in making the WIC Asia-Pacific Summit a meaningful and impactful experience. Thank you very much.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: AFRICA INDIA KEY MARITIME ENGAGEMENT (AIKEYME) 2025 INAUGURATION

    Source: Government of India

    Posted On: 13 APR 2025 9:40PM by PIB Delhi

    The Africa India Key Maritime Engagement (AIKEYME) 2025 was inaugurated on 13 Apr 25 in Dar-es-Salaam, Tanzania, marking a significant step in strengthening maritime cooperation between India and African nations. The ceremony was graced by the presence of Dr. Stergomena Lawrence Tax, Minister of Defence and National Service of Tanzania, Shri Sanjay Seth, India’s Raksha Rajya Mantri (RRM) and Chief of the Naval Staff Admiral Dinesh K Tripathi. The event also saw the attendance of distinguished military leaders, including the Chief of Defence Force of the Tanzania Peoples’ Defence Force (TPDF).

    Tanzania’s Defence Minister, Dr. Stergomena Lawrence Tax, whilst inaugurating the exercise, stressed the “significance of going along” to tackle maritime threats like piracy and trafficking. She called for “collaborative effort towards Maritime security by like-minded partners” and highlighted the aim of building an “enduring framework of maritime security, including innovation and information sharing.” She also reaffirmed Tanzania’s commitment to hosting future AIKEYME editions and their broader belief in “collaborative regional cooperation” beyond military affairs.

    In his address, RRM Shri Sanjay Seth emphasised the spirit of collaboration by quoting the African proverb, “If you want to go fast, go alone, If you want to go far, go together.” He expressed hope for a “life-long partnership”, invoked India’s maritime vision Mutual and Holistic Advancement for Security and Growth Across Regions (MAHASAGAR) and thanked Tanzania for co-hosting AIKEYME 25 alongside India.

    For AIKEYME, the Indian Navy is represented by INS Chennai and INS Kesari. Indian Ocean Ship SAGAR was also present for the inaugural ceremony. The chief guests interacted with the multinational crew from Friendly Foreign Countries(FFCs) from IOS Sagar.

    AIKEYME 25, meaning ‘Unity’ in Sanskrit, will be conducted over six days with participation from Comoros, Djibouti, Kenya, Madagascar, Mauritius, Mozambique, Seychelles and South Africa, alongside India and Tanzania. The exercise will include a harbour phase with joint training and exercises focused on piracy and information sharing, followed by a sea phase to enhance maritime security cooperation. This initiative aims to develop collaborative solutions to regional maritime challenges, enhance interoperability, and strengthen the friendly relations between India and African nations.

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by CE at World Internet Conference Asia-Pacific Summit (English only) (with photo)

    Source: Hong Kong Government special administrative region

    Speech by CE at World Internet Conference Asia-Pacific Summit (English only) (with photo) 
    Honourable Wang Yong (Vice-Chairman of the National Committee of the Chinese People’s Political Consultative Conference), Honourable Zhuang Rongwen (Minister of the Cyberspace Administration of China), Honourable Zheng Yanxiong (Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region), Honourable Ren Xianliang (Secretary General of the World Internet Conference), distinguished guests, ladies and gentlemen,
     
    Good morning. I’m delighted to welcome you to Hong Kong, and the World Internet Conference Asia-Pacific Summit.
     
    And I am honoured to say that the Asia-Pacific Summit, taking place over these next two days in Hong Kong, marks the first time the World Internet Conference has held an international summit outside Mainland China.
     
    That, ladies and gentlemen, is a testament to Hong Kong’s rising role as an international innovation and technology hub. It also reflects our deepening integration with our country’s national development.   
     
    That will become abundantly clear over these next two days. Like the World Internet Conference itself, this Summit offers high-level dialogue for the global internet community – for you – the nearly 1 000 professionals here from 30 countries and regions.
     
    You are senior government officials and business leaders, industry association heads, academics and researchers and professionals from different disciplines. And you’re here to expand your international connections, create business opportunities and help build the interconnected digital future.
     
    Hong Kong’s rise as an I&T hub has been fast-tracked by our vibrant economy, which is powered by free trade and boasts the world’s third-largest financial centre. It helps, too, that Hong Kong has long been a key business conduit between the Mainland and the rest of the world.
     
    And it all comes together under our unique “one country, two systems” framework.
     
    This cardinal governing principle gives Hong Kong the best of both worlds: access to the vast opportunities of the Mainland market, while maintaining the advantages of our unmatched connectivity of our common law system, free flow of information, capital, goods and people. This unmatched connectivity has brought you here.
     
    There are many good examples. A shining example is the Shenzhen-Hong Kong-Guangzhou science and technology cluster, which ranks second, globally, in the World Intellectual Property Organization’s Global Innovation Index. It shows how, with the development of the Guangdong-Hong Kong-Macao Greater Bay Area, we can converge Hong Kong’s excellent research and development and world-class, international business environment, with the innovative prowess of the Mainland’s technology industry.
     
    We are building Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, which straddles the small river that separates Hong Kong and Shenzhen. The Hong Kong Park within this Co-operation Zone smartly embodies the virtues of the “one country, two systems” principle and cross-boundary co-operation.
     
    Last month, I attended the topping-out ceremony for the Park’s first three buildings – two wet laboratories and a talent accommodation complex. The Park will enter its operational phase this year, with the first tenants – from life and health technology, artificial intelligence, to data science and other pillar industries – moving in.
     
    The development of another five buildings is in full swing. We have earmarked some US$500 million to expedite the Park’s two-phase development.
     
    We need, of course, strategic companies and talent to take full advantage of the Park’s opportunities – and other of Hong Kong’s far-reaching prospects. And we’re getting them. Under the enhanced talent admission regime we rolled out in 2022, we have already approved more than 300 000 talent admission applications. Over 200 000 of them, i.e. two-thirds, have already arrived here.
     
    Meanwhile, over 80 strategic enterprises from around the world in the booming industries of life and health technology, AI and data science, fintech and more, have joined us. They will invest over US$6 million and create over 20 000 jobs here in the coming years.
     
    The Park is situated in the Northern Metropolis, an entirely new economic engine for Hong Kong. The Northern Metropolis, which makes up one-third of Hong Kong’s area, straddles our land boundary with Shenzhen.
     
    I’m confident that our collaborative efforts with Shenzhen, and throughout the Greater Bay Area, will see the rise of Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone as a world-class I&T hub, creating a critical source of new quality productive forces for the country.
     
    AI is central to Hong Kong Park’s research and development. It’s no less central to Hong Kong’s future.
     
    In December last year, the first phase of Cyberport’s AI Supercomputing Centre became operational. Hong Kong’s digital technology flagship, Cyberport is home to more than 330 start-ups specialising in AI and big data.
     
    Hong Kong is determined to maximise AI’s immense potential for new industrialisation, and to further society’s digital transformation.
     
    We have, for example, set up funding schemes to help local manufacturers switch to smart manufacturing and strategic industries to establish smart production facilities here in Hong Kong. 
     
    And our HK$10 billion I&T Industry-Oriented Fund, amounting to nearly US$1.3 billion, channels market capital to invest in industries of strategic importance, including AI and robotics. 
     
    There’s more.  We aim to establish, by the next financial year, the Hong Kong AI R&D Institute, having reserved nearly US$130 million to get it up and running. The Institute will spearhead Hong Kong’s R&D and drive AI-based industrial applications.
     
    AI will also promote smart government. Not only driving document digitalisation and automation, and payments and business processes, but, more important, how we go about making policy and delivering public services.
     
    All that, and much more, will fuel discussion and debate at today’s main forum and the three sub-forums taking place tomorrow.
     
    This Summit matters. Co-operation matters. Especially during these challenging times to geopolitics and trade relations. Hong Kong champions free trade and multilateralism. We believe in teamwork and offer a range of welcoming programmes for investors, companies, researchers and other strategic talent. Hong Kong welcomes all business interests from those who are keen to pursue development with us. In this global city, we will make a decided difference for you, and your future.
     
    I am grateful to the World Internet Conference for hosting the Asia-Pacific Summit here in Hong Kong. Grateful, too, to our Innovation, Technology and Industry Bureau and other government offices for organising this high-profile global event.
     
    I wish you all an inspiring Summit, and the best of business, and health, through this endlessly challenging, but promising, year.
     
    Thank you.
    Issued at HKT 12:00

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by FS at World Internet Conference Asia-Pacific Summit – Main Forum on the Digital Intelligence Future (English only)

    Source: Hong Kong Government special administrative region

    Speech by FS at World Internet Conference Asia-Pacific Summit – Main Forum on the Digital Intelligence Future (English only)
    Professor Francis Gurry (Vice-Chairman of the World Internet Conference), (Secretary General  of the World Internet Conference, Mr Ren Xianliang),  (Deputy Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region Mr Qi Bin), (Chief Engineer of the Cyberspace Administration of China, Ms Sun Weimin), distinguished guests, ladies and gentlemen,

    It is a great pleasure to join you all at the Asia-Pacific Summit of the World Internet Conference. The WIC has long served as a vital platform for global dialogue, enabling policymakers, business leaders, scholars and innovators to come together and explore the digital challenges and opportunities of our time, and to find new ways of working together. It is an honour for Hong Kong to host this event for the first time.

    The global digital landscape

    The Internet stands as the most transformative force of connection of our time.  It is also a story of continuous reinvention, from static content in Web 1.0 to social media, e-commerce in Web 2.0, and to the age of Web 3.0 underpinned by blockchain technologies. Coupled with artificial intelligence (AI), this next-generation Internet is once again transforming the way we live and do business. AI-powered tools are enabling governments and businesses to deliver smarter and more responsive services. Decentralised finance and tokenisation, for example, are substantially reducing the cost and improving the efficiency of financial and business transactions.

    The digital era today has created significant opportunities for new entrants.  Consider the DeepSeek Moment. While global headlines often focus on the AI rivalry between the two great nations, it also reminds us of the innovative prowess and agility of startups, and the multiple pathways to technological progress. It has opened up a future where development will not be decided simply by size or resources, but also by creativity and the courage to pursue visionary ideas.

    Despite the enormous progress, equitable digital access remains a global issue.  Today, nearly one-third of the world’s population – or some 2.6 billion people – are still offline. For these communities, the absence of digital access means fewer opportunities for education, economic advancement and social inclusion.

    Governments and regulators worldwide are also facing mounting challenges such as cybersecurity, data privacy and complexities of cross-border regulatory arbitrage. For example, it is estimated that cybercrime could cost the global economy over US$10 trillion in 2025 alone.  This amount, ironically, exceeds the GDP of most nations. Yet, across jurisdictions, governance frameworks are still struggling to keep pace with the speed of technological change.

    Currently, a more urgent concern is digital fragmentation. The trade war initiated by the United States is likely to extend beyond tariffs.  We can foresee more barriers, “larger yards” and “higher walls”, which could stifle innovation and jeopardise global technological progress.

    Hong Kong’s vision

    Ladies and gentlemen, now allow me to turn to Hong Kong.  How can we navigate these complex global dynamics to foster a more inclusive and interconnected digital environment?  I hope our perspectives and experience can contribute to the current discussions on global digital development.

    Our digital strategy is founded on the principles of openness and global connectivity. Under the “one country, two systems” principle, we champion the free flow of data and information – just as we do with goods and capital – as a cornerstone of our competitiveness and status as a free and open economy.

    To seize new opportunities brought by the digital economy and address the associated challenges, we need a comprehensive and forward-looking strategy. That’s why, over the past two years, the HKSAR Government has put in place a concrete action plan, covering such areas as digital infrastructure and governance, digital transformation, cross-boundary flow of data and talent development.

    A key part of this strategy is to enhance economic inclusiveness through digitalisation. For example, we are supporting SMEs in their digital transformation.  At the same time, we have strengthened the sharing of data held by government departments with financial institutions, on a consent basis, to enhance the efficiency of credit assessments.

    Another strategic objective is to unlock the full value of data. Hong Kong’s unique position as a convergence point for both Mainland and international data gives us a distinct advantage. This will help us not only in developing data-driven industries such as AI and health tech but also a data trading market in Hong Kong.

    As we enter the “AI+” era, we will develop AI as a core industry for Hong Kong by the deep integration of AI across industries.  Our efforts  focus on five key fronts: computing power, algorithms, data, capital and talent.  With our international connectivity, we also aim to position Hong Kong as a global hub for AI exchange, promoting dialogues, research collaboration and thought leadership.

    A shared future in cyberspace

    Ladies and gentlemen, looking forward, we believe there are several key priorities that must be addressed at the global level to ensure the healthy and inclusive development of the Internet.

    The first is digital governance. As emerging technologies become more powerful and pervasive, our regulatory frameworks must evolve accordingly, addressing issues such as cybersecurity, data privacy and ethical use of AI.  In Hong Kong, we advocate for a balanced, pro-innovation regulatory approach, putting in place appropriate safeguards while encouraging innovation.  Our approach to Web 3 and digital assets is a good case in point.

    The second is bridging the digital divide. For many developing economies, digital access is a powerful enabler for inclusive growth – improving education, expanding financial inclusion and enhancing public service delivery. I’m glad to report that in Hong Kong, many of our startups have developed innovative and robust solutions in these areas.  They are eager to share their technologies with emerging economies.

    The third is talent development. In the age of AI, digital literacy is no longer optional – it is essential. This imperative goes beyond formal education and calls for partnerships between the public and private sectors. In Hong Kong, we are working closely with leading tech companies – including Tencent, Alibaba, Lenovo, SenseTime, and startups at Science Park and Cyberport – to deliver technology training and share their entrepreneurial experience with students. Our aim is to cultivate the interest of the next generation and prepare them for a dynamic and innovation-led future.

    Concluding remarks

    Ladies and gentlemen, the challenges and opportunities of the digital age transcend borders. In this era of rapid technological transformation, what we need is more dialogue, sharing and co-operation so that we can drive the development in Internet, AI and other emerging technologies for the common good of humanity.

    On that note, I wish this Summit every success, and I hope each of you will find the discussions ahead insightful, productive and inspiring. Thank you very much.
    Issued at HKT 16:36

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    MIL OSI Asia Pacific News –