Category: Machine Learning

MIL-OSI: Drone Operations Industry Substantially Expanding Usages, Transforming into A Billion Dollar Revenue Opportunity

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drones play many roles in every region of the globe… and they seem to be utilized in more situations every day! A report from MarketsAndMarkets said that the Commercial Drone market alone is projected to grow from USD 5.32 billion in 2024 to USD 9.34 Billion by 2030. The report added: “Drones are particularly important for inspecting difficult-to-reach locations at certain altitudes or in contaminated surroundings. The use of drones has modernized the telecommunication tower scrutiny as they can be used to carry out supervision of these towers cost-effectively and in less time. Drones can also be employed for aerial evaluation of buildings and other infrastructures, such as pipelines, electric grids, offshore plants, and solar plates. They can use thermal imaging cameras to detect hotspots on solar plates; spots where energy is not spreading evenly. This can enhance the productivity of solar power plants by the instant identification of potentially problematic areas… Drones can be used to deliver medical supplies in difficult terrains. Drones are considered the future of the last-mile delivery for consumer supplies since they will reduce cost per delivery, along with delivery time. As the wages of delivery persons persist to rise, autonomous delivery or human-less services will become gradually advantageous, especially in developed countries… Emerging economies lack access to roads, and this hampers speedy delivery of basic medical supplies such as blood, medicines, vaccines, drugs, etc. Air transportation of these supplies is costly.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Safe Pro Group Inc. (NASDAQ: SPAI).

MarketsAndMarkets continued: “The success of drones in the fields of ecology and environment creates a trust factor that they can also be utilized in public health, especially to deliver medical couriers. The crucial aspect of using drones is that they reduce the travel time for diagnosis and treatment. Drones are a cost-effective replacement for road transportation in challenging terrains. Drones can be used in disaster relief processes for saving victims and delivering food, water, etc., to survivors and rescue teams. As drone technology advances, regulatory bodies globally are proactively shaping clearer and more supportive regulations to facilitate drone operations. This strategic initiative aims to lower operational barriers and enhance safety, thereby accelerating the adoption of drones across various sectors. Enhanced regulatory frameworks are anticipated to unlock significant business opportunities and drive innovation in drone applications.”

ZenaTech (NASDAQ:ZENA) ZenaDrone Starts Testing its High-Density Batteries to Extend Flight Time for ZenaDrone 1000 Drone for US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that ZenaDrone will commence testing work this quarter on a high density battery for the ZenaDrone 1000 multifunction AI drone designed for defense and commercial applications. High density batteries are lightweight and enable longer drone flight times, more reliability and endurance for longer defense missions, heavier payloads, and greater operational success of a wide range of military applications. ZenaDrone will use the batteries from ZenaTech’s affiliated company Galaxy Batteries Inc.

“High density batteries are key to longer flight times and reliability in the harsh conditions of military defense operations such as cargo and resupply, intelligence gathering, surveillance, and reconnaissance missions. We will test to ensure these batteries will provide the customization, cost savings, supply chain control and superior performance we require. This is important to our goal to become a Blue UAS-certified supplier to sell to US defense branches and other military organizations,” said CEO Shaun Passley, Ph.D.

ZenaDrone 1000 is an autonomous multifunction drone offering stable flight, maneuverability, heavy lift capabilities, innovative software technology, sensors, AI, and purpose-built attachments, along with compact and rugged hardware engineered for military and industrial use. The company previously completed two paid trials with the US Air Force and the US Navy Reserve for logistics and transportation applications carrying critical cargo, such as blood, in the field.

The company previously announced that its supply chain is fully NDAA (National Defense Authorization Act) compliant and that it plans to apply for Green UAS (Unmanned Aerial System) followed by Blue UAS certification, an approved supplier list for drone companies.

NDAA compliance refers to adhering to the provisions outlined in the National Defense Authorization Act, which is a set of US federal laws passed every year that specify the budget and expenditures for the Department of Defense (DoD) and address growing cybersecurity concerns. For a product to be NDAA compliant, it must not be produced by a set list of Chinese manufacturers, which extends to the chipsets, cameras, displays and other technology used.

The Blue UAS (Unmanned Aerial System) program is a stringent government approved supplier list of drone companies that wish to do business with the US DoD; suppliers including ZenaDrone must meet strict NDAA cybersecurity and supply chain sourcing requirements. The Green UAS program is essentially the same as the Blue UAS program but has a more streamlined and faster certification process without the specifications on country of origin. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

Other recent developments in the drone industry include:

Draganfly Inc. (NASDAQ: DPRO), an award‑winning leader in drone solutions and systems development, recently confirmed through recent sales activities its positioning and preparedness to support the enhancement of border security amid evolving global trade and security uncertainties and shifting geopolitical dynamics. Highlighting recent sales activities with policing agencies, Draganfly continues to strengthen its position to support border security with advanced drone technology solutions.

“Recent global trade challenges, tariff uncertainties, and security concerns underscore the critical importance of secure borders and resilient supply chains,” said Cameron Chell, CEO of Draganfly Inc. “Our recent sales activities with policing agencies are a testament to our ability and readiness to provide drone technology and services in support of border security solutions.”

Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced that it will host an Investor and Analyst Day on Thursday, February 27 from 11:00 a.m. – 1:00 p.m. eastern time at the Nasdaq MarketSite in New York City.

The event will feature presentations by Jeff Thompson, Red Cat’s CEO; Geoffrey Hitchcock, Red Cat’s chief revenue officer and other members of the executive leadership team. Robert Imig, Head of USG Research and Development at Palantir Technologies, Inc. (Nasdaq: PLTR) will also present a roadmap for its recently announced strategic partnership with RedCat.

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in the defense, national security and global markets, recently announced that Kratos Unmanned Systems Division successfully executed a multi-week demonstration of its self-driving truck platooning system technology with FPInnovations, a Canadian research and technology organization that assesses, adapts and delivers solutions to Canada’s forest industry’s total value chain.

The Kratos developed self-driving system “kit”, which enables vehicles to be capable of autonomous driving, was deployed for evaluation in forestry operations in northern Québec, Canada. Deployment of this technology is intended to mitigate driver shortages, improve safety protocols, boost rural economic vitality, and contribute to the development of a regulatory framework for autonomous vehicles. The automated platooning technology performed exceptionally well in the challenging forestry environment and hauled both unloaded and loaded timber trailers. The Kratos system demonstrated precision navigation in automated platooning mode along complex off-pavement roadways with degraded access to GPS, steep grades, severe visibility-limiting dust, sub-freezing temperatures, rain, and under variable day/night/twilight lighting conditions.

Safe Pro Group Inc. (NASDAQ: SPAI), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, recently announced that it has entered into a multi-year Memorandum of Understanding (MOU) with NIBULON Ltd. (NIBULON) to cooperate on addressing Ukraine’s agriculture crisis which has sustained billions in damages and losses due to the ongoing war.

Safe Pro will provide NIBULON with services and access to SpotlightAI™, its patented hyper-scalable AI-powered drone demining ecosystem running on the Amazon Web Services (AWS) cloud. The collaboration will focus on utilizing AI technology to drastically reduce the time and costs of manually surveying Ukrainian farmland potentially contaminated by landmines and unexploded ordnance (UXO).

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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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SOURCE: FN Media Group

The MIL Network –

February 7, 2025
MIL-OSI Economics: Consider it done: How TAMM is transforming government services in Abu Dhabi with AI

Source: Microsoft

Headline: Consider it done: How TAMM is transforming government services in Abu Dhabi with AI

ABU DHABI, U.A.E. – Hammad Hanif Pasha, an IT consultant who has lived in Abu Dhabi since 2010, feels like the Emirate’s government services are always within reach, thanks to TAMM.

The AI-powered TAMM app puts about 950 Abu Dhabi government services at his fingertips. He says it has improved his quality of life by making it so much easier – no more fighting traffic to get to an appointment, no more waiting in lines.

“I haven’t been in a government building in four or five years,” he said. “I just don’t need to go anymore.”

The app, now in a 3.0 version, caters to 2.5 million Abu Dhabi citizens, residents and businesses, who made more than 10 million transactions in the past year, ranging from paying traffic fines to getting a marriage license. With TAMM’s AI assistant, finding answers to even the most complex government processes has become effortless – as simple as sending a text message.

Pasha cited car registration as one of the most convenient features. “It used to take three or four days before – you had to go for the inspection of the car, then find the right insurance, and after that part was done, you had to make sure that the actual registration happened on the same day that the insurance started.”

“If for any reason you failed, you had to get another one-day insurance policy to make it match.”

Now it’s easy, he says. It can all be done in the app, and there’s no waiting in lines, other than for the actual inspection of the car. The AI chatbot recommended the right type of insurance policy and synchronized it with registration.

MIL OSI Economics –

February 7, 2025
MIL-OSI: Richtech Robotics Announces Grand Opening of Clouffee & Tea in Las Vegas
Source: GlobeNewswire (MIL-OSI)

Company’s new ADAM-centric food and beverage brand to officially launch at Town Square location with ribbon-cutting ceremony on February 9, 2025

LAS VEGAS, Feb. 06, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that the grand opening of Clouffee & Tea at Town Square, Las Vegas will take place on February 9, 2025. Clouffee & Tea is the Company’s food and beverage brand centered around its AI-powered robot ADAM. This is the first store of Richtech Robotics’ Clouffee & Tea brand, with additional stores expected to be open soon.

With ADAM serving as barista, Clouffee & Tea at Town Square will be offering a wide variety of milk teas, coffees, and desserts. Utilizing NVIDIA AI technology, ADAM will detect when customers are present, engage them in conversation, take orders verbally, monitor and adapt to changes in his environment, and craft beverages with high levels of precision and accuracy.

“Today’s announcement is a major milestone for Richtech Robotics, marking the official launch of our innovative food and beverage brand, Clouffee & Tea. This grand opening highlights our ability to leverage AI-powered robotics to drive real revenue in the hospitality industry, setting a new standard for automation in customer experiences,” said Richtech Robotics’ President, Matt Casella. “Clouffee & Tea at Town Square will be a vibrant destination, delivering an interactive and dynamic experience that perfectly captures the energy and excitement Las Vegas locals and visitors crave.”

The grand opening at 6587 S Las Vegas Blvd #B187, Las Vegas, NV 89119 will begin at 11:00 am with a ribbon-cutting ceremony.

Richtech Robotics has deployed over 300 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

About Richtech Robotics

Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

Forward Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the performance of Richtech Robotics’ products.

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the performance of ADAM and the success of Clouffee & Tea. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, the IPO Registration Statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Investors:
CORE IR
Matt Blazei
ir@richtechrobotics.com

Media:
Timothy Tanksley
Director of Marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050

Attachments
- Richtech Robotics Inc.
- Richtech Robotics Inc.
The MIL Network –
February 7, 2025

MIL-OSI: Form 8.3 – AXA INVESTMENT MANAGERS: Loungers plc

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

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

1. KEY INFORMATION

(a) Full name of discloser:	AXA Investment Managers S.A.
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Loungers plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	05 February 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

Class of relevant security:	1p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0.00
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	0	0.00

All interests and all short positions should be disclosed.

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

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

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

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

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

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

(a) Purchases and sales

Class of relevant security	Purchase/Sale	Number of securities	Price per unit
1p ordinary	Sale	715,349	GBP 3.25
1p ordinary	Sale	1,500,000	GBP 3.25
1p ordinary	Sale	245,500	GBP 3.25
1p ordinary	Sale	1,507,975	GBP 3.25

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

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

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercise

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

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

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

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

None

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

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

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	06 February 2025
Contact name:	Sabrina AID
*Telephone number:**	+33 1 44 45 58 79

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

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

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

The MIL Network –

February 7, 2025

MIL-OSI: Mixed Martial Arts (MMA) Market is Substantially Growing, Morphing into a Billion Dollar Opportunity
Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The mixed martial arts (MMA) equipment market has been substantially growing over the past several years and is projected to continue in the coming years. The increasing public participation, easy availability of advanced training facilities, and the integration of advanced technologies represent some of the key factors driving the market. A report from IMARC Group projected that the global mixed martial arts equipment market size reached USD 1.39 Billion in 2024 and is looking forward to reach USD 2.13 Billion by 2033, exhibiting a growth rate (CAGR) of 4.64% during 2025-2033. The report said: “Mixed martial arts (MMA) refer to a hybrid combat sport that employs various fighting skills and techniques. It is performed using various equipment to facilitate the training or fight, such as a mouth and groin guard, punching bag, gloves, shorts, shin guards, hand wraps, ankle, elbow, and knee pads, and headgear. Amongst these, hand wraps help protect hands during training and fighting competitively, while the headgear is used for sparring to shield the skull from harsh strikes. At present, leading players operating worldwide are launching MMA equipment in various materials, types, and designs. These players are offering customizations to meet the requirements of the consumers and expanding their product portfolio.” Active Companies in the markets today include Mixed Martial Arts Group Limited (NYSE: MMA), Sphere Entertainment Co. (NYSE: SPHR), Meta Platforms, Inc. (NASDAQ: META), Live Nation Entertainment, Inc. (NYSE: LYV), Peloton Interactive, Inc. (NASDAQ: PTON).

IMARC Group continued: “Presently, the increasing participation of individuals in recreational sports and fitness and athletic activities represents one of the major factors driving the demand for MMA equipment around the world. Moreover, the rising awareness about the health benefits associated with MMA, such as improving heart health, reducing stress, and enhancing the overall strength, and the surging prevalence of chronic diseases on account of sedentary lifestyles, are favoring the market growth. In addition, the growing number of professional training camps and the easy availability of advanced training facilities for fighters are influencing the market positively. Apart from this, the increasing number of fitness centers that offer MMA training is also contributing to the market growth. Furthermore, key players are financing advertising campaigns, such as celebrity and social media influencer endorsements, for improving their profitability. Besides this, the expansion of the e-commerce sector is resulting in the increasing sales of MMA equipment on account of easy equipment availability, flexible payment options, secure transactions, and convenient return policies.”

Mixed Martial Arts Group Limited (NYSE American:MMA) – MMA.inc on Track to Achieve US$0.75 Million in Warrior Training Program Gross Sales for the March 25 Quarter, Driven by Record-Breaking 200% YoY Growth – Key Highlights:
- Explosive Growth: Sales have surged 200% year-over-year and are on track to achieve $0.75 Million in Warrior Training Program Gross Sales which is above total gross sales for FY24.
- Record-Breaking Quarter: With over 750 confirmed sales in Q1 alone, MMA.inc is on the cusp of exceeding its quarterly target of 800 participants, with 7 weeks remaining in the quarter to achieve the target.
- Revenue Per Participant: Consistent with prior fiscal year averages, each participant has historically generated an average of US$1,004 in gross revenue, reinforcing the program’s strong unit economics.
- Strategic Expansion: In 2025 the Warrior Training Program is live across 30 gyms spanning the US, Europe, Australia and New Zealand, with new gym partnerships fueling expansion.
- Additional Revenue Streams: SaaS subscriptions and monthly transaction revenue from the recently acquired Hype and BJJLink platforms are not included in the above Warrior Training Program sales numbers, delivering further upside to MMA.inc revenue over the year.
- Growing Ecosystem: MMA.inc continues to scale its platform with 5 million social media followers, 530,000 user profiles, 50,000 active students, and 802 active gym partners across 16 countries.
Mixed Martial Arts Group Limited (“MMA.inc” or the “Company”), a leading technology company at the forefront of combat sports participation, today announced 200% year-over-year growth in Warrior Training Program sales, with over 750 participants confirmed in Q1 alone. This sales surge underscores MMA.inc’s ability to convert global MMA fandom into active participation while delivering substantial revenue growth for partner gyms.

This milestone marks the most successful quarter in the program’s history, reflecting both the rising global demand for MMA training experiences and the strength of MMA.inc’s platform driven approach. By providing participants with a 20 week training subscription, designed by the world’s best MMA coaches, and culminating in a fully sanctioned amateur MMA bout, MMA.inc continues to redefine the combat sports landscape for participants, gym owners and coaches.

“Our ability to achieve 200% growth year over year speaks volumes about the strength of our platform and the demand for authentic MMA training experiences,” said Nick Langton, Founder and CEO of MMA.inc. “With over 750 confirmed participants in Q1 alone, we’re not just selling training programs, we’re building an ecosystem that empowers over 640 million MMA fans to step into a gym to learn and train martial arts.”

“The success of the UFC and other professional combat sports leagues has driven fanbase growth, which has in turn led to unprecedented interest in learning martial arts. At MMA.Inc we are building a platform to make the participation “on ramp” easily accessible for all MMA fans and fitness consumers who want to find a great gym where they can start their training journey.” Continued… Read the MMA full press release and supporting notes by going to:   https://ir.mma.inc/news-events/press-releases

Other recent developments in the markets include:

Meta Platforms, Inc. (NASDAQ: META) has recently appointed three new members to its board of directors, including Dana White, the president and CEO of Ultimate Fighting Championship (UFC) and a familiar figure in the orbit of the incoming president, Donald Trump.

The social media company, which owns Facebook, Instagram and WhatsApp, is also adding the auto tycoon John Elkann and the tech investor Charlie Songhurst, Meta’s CEO, Mark Zuckerberg, said in a Facebook post.

Live Nation Entertainment, Inc. (NYSE: LYV) – Hard Rock® recently announced that it was named #1 and #5 in the Newsweek Top 10 Readers’ Choice Best Casinos with Live Entertainment in the U.S. Newsweek describes this award as “…some of the best live entertainment options at casinos from around the country for when you need a break from the gambling floor.”

“We are humbled that the public voted for Hard Rock Live Sacramento to take the #1 spot in this year’s Top 10,” explained Randy Maddocks, Director of Entertainment for Hard Rock Live Sacramento. “We dedicate our programming to reaching the largest audience with diverse shows that represent all genres.”

Sphere Entertainment Co. (NYSE: SPHR) recently announced that Glenn Derry, an Academy Award winning technologist with over 30 years of industry-defining entertainment technology experience, has joined the Company as Executive Vice President of MSG Ventures.

In this role, Mr. Derry will oversee a wide range of technology initiatives across MSG Ventures, a wholly-owned subsidiary of Sphere Entertainment focused on developing advanced technologies for live entertainment. MSG Ventures also supports Sphere Studios, the immersive content studio dedicated to creating multi-sensory entertainment experiences exclusively for Sphere, and the Sphere platform overall, including future Sphere venues. Mr. Derry will work across the organization to deploy both new and existing technologies that enhance Sphere’s live entertainment and experiential content, which has been redefining immersive experiences since the first Sphere opened in Las Vegas in September 2023.

Peloton Interactive, Inc. (NASDAQ: PTON) recently announced that it will release its second quarter 2025 financial results before the U.S. stock market opens on Thursday, February 6, 2025. The company will host a conference call and live audio webcast to discuss the financial results at 8:30 a.m. (Eastern Time) that day.   To access the conference call by phone, please visit this phone registration link to receive dial-in details. To avoid delays, we encourage participants to register a day in advance or at least 15 minutes before the start of the call.

A live audio webcast of the conference call will also be available on the company’s investor relations website at https://investor.onepeloton.com/news-and-events/events.   For those unable to participate in the conference call live, a replay will be available on the investor relations page of the company’s website for 30 days.

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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SOURCE: FN Media Group

The MIL Network –
February 7, 2025
MIL-OSI: Veea Announces Upcoming Industry Conference Schedule

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, today announced the Company’s upcoming conference presentation schedule. The Company will be offering attendees the opportunity to learn more about the Veea Edge Platform™ and its broad range of applications across end markets.

OATSCON25
February 6-7, 2025

An annual gathering of experts to address some of the most promising avenues for sustainable food-ag system improvements, from novel applications of sensing, networking, and computation to big data science, visualization, and analytics. Veea has deployed its hyperconverged Edge Platform in use cases that promote precision agriculture.

Presenter: Tom Williams, Veea’s Vice President Worldwide Sales & Marketing
Topic: Connectivity in Rural Spaces
Title: “Connecting Rural Communities”
Day: Thursday, February 6, 2025
Time: 2:00 pm
Location: Purdue University, West Lafayette, IN

AHR Expo
February 10-12, 2025
Orlando, Florida

The International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo), which started in 1930 as a heating and ventilation show, has grown into the largest event in the world exclusively focused on the HVACR industry. The 2025 Show will host industry professionals from all across the United States and worldwide. Attendees can learn about Veea’s Edge Platform – a highly flexible, cloud-connected platform that ensures seamless integration with third-party hardware and software to enable building owners and operators to easily add new data sets to their platforms allowing for improved control and monitoring while supporting their digital transformation journey.

MWC Barcelona 2025
March 3-6, 2025
Barcelona, Spain
Hall 6

Mobile World Congress (MWC) Barcelona, the world’s largest and most influential connectivity event, is attended by global mobile operators, device manufacturers, technology providers, vendors and content owners. Attendees are encouraged to learn more about how the Veea Edge Platform and Veea’s Trusted Broadband Access (vTBA) can provide a path towards 5G/Wi-Fi Fixed Mobile Convergence.

About Veea

Veea Inc. (NASDAQ: VEEA) was formed in 2014 and is headquartered in New York City with a rich history of major innovations in the development of advanced networking, wireless and computing technologies. Veea makes living and working at the edge simpler and more secure. Veea has unified multi-tenant computing, multiaccess multiprotocol communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. Veea’s fully integrated turnkey solution offers end-to-end cloud management of devices, applications and services with Zero Trust Network Access (ZTNA), optionally with a highly simplified plug and play 5G-based Secure Access Service Edge (SASE) offering. Veea Edge Platform™ enables direct connections from the wide area optical fiber, cellular and satellite networks to devices on the local area networks created by a VeeaHub^® mesh cluster over network-managed Wi-Fi and IoT devices – a unique patented capability called Multiprotocol Private Network Slicing (MPNS) for ISPs to offer subscription-based services for one or a group of endpoints. Veea Developer Portal and development tools provide for rapid development of edge applications including federated learning with pre-trained models for inferencing to cost-effectively enable Edge AI for most enterprise use cases.

Veea was recognized in 2023 by Gartner as a Leading Smart Edge Platform for the innovativeness and capabilities of our Veea Edge Platform™ and a Cool Vendor in Edge Computing in 2021. Veea was named in Market Reports World’s in its research report published in October 2023 as one of the top 10 Edge AI solution providers alongside IBM, Microsoft, Amazon Web Services among others. For more information about Veea and its product offerings, visit veea.com and follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company’s business strategies, and the risk and uncertainties described in “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Cautionary Note on Forward-Looking Statements” and the additional risk described in Veea’s Form 10-Q for the fiscal quarter ended September 30, 2024 and any subsequent filings which Veea makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

The Equity Group
Devin Sullivan
Managing Director
dsullivan@equityny.com

Conor Rodriguez
Associate
crodriguez@equityny.com

The MIL Network –

February 7, 2025
MIL-OSI: Monarch Private Capital Announces Successful $275 Million Bond Issuance Led by HSBC

Source: GlobeNewswire (MIL-OSI)

ATLANTA, Feb. 06, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital, a nationally recognized tax-advantaged investment firm, proudly announces a $275 million bond issuance to finance affordable housing projects, reinforcing its commitment to narrowing the affordable housing gap in the United States.

HSBC served as the Sole Placement Agent for the Monarch Issuer 2024-2, LLC private asset-backed securities (ABS) transaction. On December 11, 2024, HSBC priced the $275 million issuance, with $220 million funded on December 18, 2024. The remaining $55 million will be funded through a Delay Draw mechanism over the next 12 months, supporting additional projects currently under construction.

The bond proceeds will finance 58 low-income housing projects across Georgia, South Carolina, and Oklahoma, generating quality affordable housing units while stimulating local economies. Monarch will repay principal and interest on the Notes through its syndication of Low Income Housing Tax Credits (LIHTCs) to institutional investors, including insurance companies, corporate clients, and high-net-worth individuals.

A Collaborative Effort for Positive Impact

HSBC’s collaboration extended beyond placement services, contributing structuring, ratings advisory, and trustee services to ensure seamless execution.

“This bond issuance reflects our unwavering commitment to addressing the nation’s urgent housing needs,” said Ian Chomat, Partner and Chief Financial Officer at Monarch Private Capital. “By leveraging our extensive experience in affordable housing, we aim to deliver more high-quality homes and create opportunities that strengthen communities and local economies.”

Monarch’s Continued Leadership in Impact Investing

Since its inception, Monarch has paired tax equity investing with a focus on community impact, while mitigating federal and state tax liabilities for investors. Monarch has managed tax equity impact investments in 945 projects generating $7.2 billion of tax credits, including more than $2.2 billion in LIHTCs, as of December 2024. Those projects have enabled nearly $18 billion in project capital, and over $37 billion in economic impact in 42 states, plus Washington D.C.

For more information about Monarch’s programs and services, please contact Ian Chomat at ichomat@monarchprivate.com.

About Monarch Private Capital

Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

About HSBC

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$3,099bn at 30 September 2024, HSBC is one of the world’s largest banking and financial services organizations.

CONTACT

Jane Rafeedie

Monarch Private Capital

Jrafeedie@monarchprivate.com

470-283-8431

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3952c63a-5dd4-4db2-bbf2-221fd808bad1

The MIL Network –

February 7, 2025
MIL-OSI: Duck Creek Technologies Receives Insurance Business America’s 2025 5-Star Diversity, Equity, and Inclusion Award for Third Straight Year

Source: GlobeNewswire (MIL-OSI)

BOSTON, Feb. 06, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced it received for a third consecutive year the prestigious 2025 5-Star Diversity, Equity, and Inclusion Award by Insurance Business America. This recognition underscores Duck Creek’s steadfast commitment to cultivating a culture of diversity, equity, and inclusion (DE&I) through impactful programs and deeply ingrained values.

Duck Creek’s success is driven by its people-first philosophy, carried out by a diverse, globally collaborative workforce that demonstrates both high-performance and deep industry and technology skills. Duck Creek’s talent initiatives prioritize attracting and developing individuals from varied backgrounds, strengthening the insurance and technology sectors with creative solutions and unique experiences. Collectively, these efforts foster a workplace where individuality is celebrated, teamwork thrives, and DE&I principles are actively advanced.

“We are honored that Duck Creek has been selected for the third consecutive year as a leader in the insurance industry for our dedication to diversity, equity, and inclusion,” said Michael Jackowski, Chief Executive Officer, Duck Creek Technologies. “Our globally diverse teams, recognized for their high performance and deep expertise, are key to driving our customers’ success and powering the innovations that are shaping the future of insurance alongside our partners.”

Insurance Business America’s 5-Star DE&I winners of 2025 are recognized for the effectiveness of their programs. Those on the prestigious list were named after IBA surveyed thousands of employees across the sector, with 55 percent of respondents from a diverse or underrepresented group.

“Guided by our core values—respect, listening, caring, and leading—Duck Creek is unwavering in its commitment to ensuring diverse voices and perspectives are represented, empowered, and celebrated,” said Amy Bayer, Global Director of DE&I, Engagement, and Culture at Duck Creek Technologies. “Through our robust employee programs, we aim to create a culture where every employee feels a sense of belonging and has access to continuous opportunities for growth and development. Our efforts to expand DE&I initiatives reflect our dedication to strengthening our winning culture and fostering a thriving, inclusive community.”

About Duck Creek Technologies 
Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts: 
Marianne Dempsey/Tara Stred 
duckcreek@threeringsinc.com 

The MIL Network –

February 7, 2025
MIL-OSI: Calian Signs over $50M in Defence Contracts in Q1

Source: GlobeNewswire (MIL-OSI)

OTTAWA, Ontario, Feb. 06, 2025 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), announced today that it signed over $50 million in new and renewed multi-year defence contracts in the first quarter of fiscal year 2025 highlighting the continued need for mission-critical defence solutions and the value Calian provides to Canada’s defence, NATO and our allies.

Of the almost 30 contracts, half will provide operational readiness training, including one for NATO’s Joint Warfare Centre (JWC). Under the terms of the agreement, Calian will serve as the prime contractor, providing the majority of JWC’s critical defence training in the form of military and civilian subject matter experts to support JWC in delivering on its mission to train NATO forces at the strategic and operational levels. This support will include helping ensure forces can work together efficiently in a crisis and increasing the effectiveness and readiness of NATO’s multinational forces.

“The surge in global defence budgets underscores the demands of modern warfare and continued geopolitical instability,” said Kevin Ford, CEO of Calian. “As we look ahead, Calian recognizes our militaries need trusted, dependable partners to deliver mission-critical solutions. With capabilities that support personnel readiness, equipment reliability and secure, scalable operations, our goal is to ensure military forces are operation-ready so they can perform optimally in the most demanding, high-stakes environments.”

With over 40 years of experience, Calian delivers defence readiness solutions supporting national and international security. Leveraging our innovative technologies and expertise, Calian drives operational excellence through military training, healthcare, cybersecurity, communications and systems integration—helping military forces stay prepared and resilient in today’s rapidly evolving security and technology landscape.

Learn more about how Calian delivers confidence for military customers, no matter their needs: https://www.calian.com/defence/.

About Calian

www.calian.com

We keep the world moving forward. Calian® helps people communicate, innovate, learn and lead safe and healthy lives. Every day, our employees live our values of customer commitment, integrity, innovation, respect and teamwork to engineer reliable solutions that solve complex challenges. That’s Confidence. Engineered. A stable and growing 40-year company, we are headquartered in Ottawa with offices and projects spanning North American, European and international markets. Visit calian.com to learn about innovative healthcare, communications, learning and cybersecurity solutions.

Product or service names mentioned herein may be the trademarks of their respective owners.

Media inquiries:

media@calian.com

613-599-8600

Investor Relations inquiries:

ir@calian.com

DISCLAIMER

Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
Tel: 613.599.8600 · Fax: 613-592-3664 · General info email: info@calian.com

The MIL Network –

February 7, 2025
MIL-OSI: Dragonfly Energy Appoints AdvisIRy Partners as its Investor Relations Firm

Source: GlobeNewswire (MIL-OSI)

RENO, Nev., Feb. 06, 2025 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and battery technology, today announced it has appointed AdvisIRy Partners as its new investor relations firm.

Chief Executive Officer, Dr. Denis Phares, stated, “Dragonfly Energy is an industry leader in providing innovative lithium-ion battery solutions across the RV, trucking, and industrial sectors. The Company is also working to revolutionize next generation battery cell manufacturing with our proprietary dry electrode technology. With Dragonfly Energy at a pivotal point in our evolution, we are pleased to partner with AdvisIRy Partners to help strengthen our investor relations program and communicate our vision and future prospects.”

AdvisIRy Partners was established as the successor to one of the largest investor relations firms in the U.S., Morgen-Walke Associates. With many years of sell-side, buy-side, and investor relations experience, the firm is unique in its commitment to senior level account management. The team representing Dragonfly Energy will be led by Eric Prouty, Partner, who will be working with the Company’s executive leadership team on investor relations strategies, messaging and outreach.

About Dragonfly Energy
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries^® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy’s patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company’s overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit www.investors.dragonflyenergy.com.

About AdvisIRy Partners
Headquartered in New York City, AdvisIRy Partners is an investor relations and corporate communications firm that was purpose-built to deliver tangible results for its corporate clients. The Firm brings together sell-side, buy-side and investor relations experience to provide senior level advisory work and implements customized programs for a growing roster of domestic and international clients. For further information on the firm’s approach, services and leadership team, please visit the AdvisIRy Partners website at www.advisiry.com.

Contact:
Eric Prouty
Szymon Serowiecki
DragonflyIR@advisiry.com

The MIL Network –

February 7, 2025
MIL-OSI: CoreCard Corporation Schedules Fourth Quarter 2024 Earnings Release and Conference Call

Source: GlobeNewswire (MIL-OSI)

NORCROSS, Ga., Feb. 06, 2025 (GLOBE NEWSWIRE) — CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on February 20, 2025, at 11:00 A.M. Eastern Time in conjunction with the company’s earnings release for the quarter ended December 31, 2024. The company plans to issue a press release with the financial results for the period before the market opens on February 20, 2025.

Interested investors are invited to attend the conference call by accessing the webcast at https://www.webcast-eqs.com/register/corecard022025/en or by dialing 1-877-407-0890. As part of the conference call CoreCard will be conducting a question-and-answer session where participants are invited to email their questions to questions@corecard.com prior to the call. A transcript of the call will be posted on the company’s website at investors.corecard.com as soon as available after the call.

About CoreCard Corporation

CoreCard Corporation (NYSE: CCRD) provides the gold standard card issuing platform built for the future of global transactions in an embedded digital world. Dedicated to continual technological innovation in the ever-evolving payments industry backed by decades of deep expertise in credit card offerings, CoreCard helps customers conceptualize, implement, and manage all aspects of their issuing card programs. Keenly focused on steady, sustainable growth, CoreCard has earned the trust of some of the largest companies and financial institutions in the world, providing truly real-time transactions via their proven, reliable platform operating on private on-premise and leading cloud technology infrastructure.

Forward-Looking Statements

The forward-looking statements in this press release are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties including those listed in Item 1A of the Company’s Annual Report on Form 10-K and in the Company’s other filings and reports with the Securities and Exchange Commission. All of the risks and uncertainties are beyond the ability of the Company to control, and in many cases, the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in this press release, the words “believes,” “plans,” “expects,” “will,” “intends,” “continue,” “outlook,” “progressing,” and “anticipates” and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. Except as required by law, the Company is not obligated to publicly release any revisions to these forward-looking statements to reflect the events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

Contact: CoreCard Corporation

Matthew A. White, Chief Financial Officer

770-564-5504

matt@corecard.com

The MIL Network –

February 7, 2025
MIL-OSI: Inter&Co Inc. Reports Highest Ever Net Income of R$973M in 2024
Source: GlobeNewswire (MIL-OSI)

BELO HORIZONTE, Brazil, Feb. 06, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 36 million customers, today reported financial results for the fourth quarter of 2024.

2024 Highlights:
- Record Net Income of R$ 973 million in 2024, 3 times greater than 2023.
- Total Net Revenue of R$ 6.4 billion, up 35% YoY, while Total Gross Revenues surpassed the mark of R$ 10 billion in 2024.
- Net Interest Margin of 9.7% in 4Q24, up from 9.0% in the same period of 2023.
- Net fee revenues of over R$ 2.0 billion, a 31% YoY growth, representing the strength of the platform effect.
- Total clients grew to 36 million, with 20.6 million active clients and an activation rate of 57%.
João Vitor Menin, Global CEO of Inter&Co commented:

“Our story has been about innovation, delivering a superior financial super app with low-cost products, disrupting a traditional and inefficient industry. As a result, we have acquired over 36 million clients that are simplifying their financial lives by using our platform.”

“In 2024, engagement continued to rise as we attracted a record 4.2 million active clients to our platform. This increased engagement fosters cross-selling among our seven verticals, generating a powerful network effect and enabling us to achieve remarkable results across all of them.”

“As a result, we delivered a growing ROE of 11.7% in 2024 and finished the year with R$973 million in net income, greater than our entire historical profitability combined.”

He added, “We entered 2025 with a strong balance sheet, one of the lowest costs of funding in the industry, a diversified credit portfolio, and asset quality metrics that continue to improve despite a more challenging scenario. I’m confident that our platform is exceptionally well positioned to continue succeeding in the years ahead.”

Conference Call
Inter&Co will discuss its 4Q2024 financial results on February 6th, 2024, at 11 a.m. ET (1 p.m. BRT). The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/.

About Inter&Co
Inter&Co (NASDAQ: INTR) is the pioneer financial super app serving over 36 million consumers across the Americas. The Inter&Co ecosystem offers a broad array of services, including banking, investments, mortgages, credit, gift cards, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly in the United States, as evidenced by its naming rights sponsorship of the Inter&Co Stadium that hosts soccer teams “Orlando City” and “Orlando Pride”. Focused on innovation and captivating member experiences, Inter&Co delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers. For more information, visit: https://inter.co/en/us/.

Investor Relations:
Rafaela de Oliveira Vitória
ir@inter.co

Media Relations:
Kaio Philipe
kaio.philipe@inter.co

Chemistry Agency
interco@chemistryagency.com

Disclaimer
This report may contain forward-looking statements regarding Inter, anticipated synergies, growth plans, projected results and future strategies. While these forward-looking statements reflect our Management’s good faith beliefs, they involve known and unknown risks and uncertainties that could cause the company’s results or accrued results to differ materially from those anticipated and discussed herein. These statements are not guarantees of future performance. These risks and uncertainties include, but are not limited to, our ability to realize the number of projected synergies and the projected schedule, in addition to economic, competitive, governmental and technological factors affecting Inter, the markets, products and prices and other factors. In addition, this presentation contains managerial figures that may differ from those presented in our financial statements. The calculation methodology for these managerial numbers is presented in Inter’s quarterly earnings release. Statements contained in this report that are not facts or historical information may be forward looking statements under the terms of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, among other things, beliefs related to the creation of value and any other statements regarding Inter. In some cases, terms such as “estimate”, “project”, “predict”, “plan”, “believe”, “can”, “expectation”, “anticipate”, “intend”, “aimed”, “potential”, “may”, “will/shall” and similar terms, or the negative of these expressions, may identify forward looking statements.

These forward-looking statements are based on Inter’s expectations and beliefs about future events and involve risks and uncertainties that could cause actual results to differ materially from current ones. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise. The definition of each such operational metric is included in the earnings release available on our Investor Relations website.

For additional information that about factors that may lead to results that are different from our estimates, please refer to sections “Cautionary Statement Concerning Forward Looking Statements” and “Risk Factors” of Inter&Co Annual Report on Form 20-F. The numbers for our key metrics (Unit Economics), which include, among other, active clients and average revenue per active client (ARPAC), are calculated using Inter’s internal data. Although we believe these metrics are based on reasonable estimates, there are challenges inherent in measuring the use of our business. In addition, we continually seek to improve our estimates, which may change due to improvements or changes in methodology, in processes for calculating these metrics and, from time to time, we may discover inaccuracies and adjust to improve accuracy, including adjustments that may result in recalculating our historical metrics.

About Non-IFRS Financial Measures
To supplement the financial measures presented in this press release and related conference call, presentation, or webcast in accordance with IFRS, Inter&Co also presents non-IFRS measures of financial performance, as highlighted throughout the documents. The non-IFRS Financial Measures include, among others: Adjusted Net Income, Cost of Funding, Efficiency Ratio, Cost of Risk, Cards+PIX TPV, Gross ARPAC, Global Clients, Total Gross Revenues, and Return on average equity (ROE).

A “non-IFRS financial measure” refers to a numerical measure of Inter&Co’s historical or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with IFRS in Inter&Co’s financial statements. Inter&Co provides certain non-IFRS measures as additional information relating to its operating results as a complement to results provided in accordance with IFRS. The non-IFRS financial information presented herein should be considered together with, and not as a substitute for or superior to, the financial information presented in accordance with IFRS. There are significant limitations associated with the use of non-IFRS financial measures. Further, these measures may differ from the non-IFRS information, even where similarly titled, used by other companies and therefore should not be used to compare Inter&Co’s performance to that of other companies.

The MIL Network –
February 7, 2025
MIL-OSI USA: Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

Source: US Federal Emergency Management Agency

Headline: Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

LAHAINA, Maui – Wildfire survivors currently in FEMA’s Direct Housing Program will be required to begin paying rent on March 1, 2025. The rental requirement will be in effect for the remainder of FEMA’s housing assistance program, which has been extended through Feb. 10, 2026. Participants in the program have received their 90-day, 60-day and 30-day notification letters regarding upcoming rent collection.The rental rate is based on the U.S. Department of Housing and Urban Development’s 2025 Fair Market Rent on Maui along with the household’s ability to pay. HUD Portal: FY 2025 Final Fair Market Rents Documentation System — Select GeographyHouseholds are encouraged to remain in touch with their recertification advisor who will work with them to determine a feasible rental rate. Occupants can appeal FEMA’s decision on their ability to pay rent. Although occupants have 60 days to appeal for rent reduction from the date they received the hand delivered 30-day notice of the rental requirement, it is highly encouraged to submit their appeal and supporting documents as soon as possible.FEMA strongly suggests that households submit their appeal as soon as possible in order to process the request prior to the March 1 start date. A delay in submitting appeal paperwork may prolong the rental decision process. In this case, households awaiting a final decision on their rental rate would be required to pay the full amount in rent until a decision is made. Once the decision has been made FEMA would refund the difference. FEMA remains committed to the continued recovery on Maui and will support wildfire survivors as they work towards their permanent housing solution.For the latest information on the Maui wildfire recovery efforts, visit mauicounty.gov, mauirecovers.org, fema.gov/disaster/4724 and Hawaii Wildfires – YouTube. Follow FEMA on social media: @FEMARegion9 and facebook.com/fema.
shannon.carley
Wed, 02/05/2025 – 20:43

MIL OSI USA News –

February 7, 2025
MIL-OSI USA: NEWS RELEASE – Proof-of-Concept Study Report Completed on Proposed New Oʻahu Community Correctional Center

Source: US State of Hawaii

NEWS RELEASE – Proof-of-Concept Study Report Completed on Proposed New Oʻahu Community Correctional Center

Posted on Feb 5, 2025 in Latest Department News, Newsroom

STATE OF HAWAIʻI

KA MOKU ʻĀINA O HAWAIʻI

DEPARTMENT OF CORRECTIONS AND REHABILITATION

     KA ‘OIHANA HOʻOMALU KALAIMA A HOʻOPONOPONO OLA

     JOSH GREEN, M.D.

     GOVERNOR

     KE KIAʻĀINA

     TOMMY JOHNSON

     DIRECTOR

     KA LUNA HO‘OKELE

PROOF-OF-CONCEPT STUDY REPORT COMPLETED ON PROPOSED

NEW OʻAHU COMMUNITY CORRECTIONAL CENTER

FOR IMMEDIATE RELEASE

February 5, 2025

HONOLULU — The University of Hawaiʻi Community Design Center (UHCDC) has completed its final proof-of-concept study report, “Breaking Cycles: Alternative Models for Rehabilitation and Restorative Justice on Oʻahu,” on the proposed new Oʻahu Community Correctional Center (OCCC).

The report presents community visions and aspirations for the new jail and provides recommendations to improve the criminal justice system. The concepts are based on

a multilayered collaboration with the Department of Corrections and Rehabilitation (DCR), the Hawaiʻi Correctional System Oversight Commission, Office of the Governor, residents, multiple community organizations and stakeholders.

The DCR had contracted UHCDC to conduct wide-reaching independent research, community engagement and a design study on the proposed new jail.

Built in 1916, the OCCC is the state’s largest jail. The jail in Kalihi is outdated and is not designed to provide programs. The facility is deteriorating, as parts of the jail are 111 years old.

The planning process for a new jail started in 2016. The property where the existing animal quarantine station is situated in Hālawa is the proposed site for the new OCCC.

Over a two-year period, UHCDC hosted numerous in-person and virtual community engagement events that include symposia, talk-story sessions, listening and co-design workshops. The group also attended ʻAiea Neighborhood Board and ʻAiea Community Association meetings, hosted listening workshops at Hālawa Correctional Facilty and participated in prison reform hui meetings.

The 268-page report is an in-depth study that includes key concepts on system reform, facility planning and design elements for the new jail. Part of UHCDC’s extensive research included connecting with various counties in Arizona, California and Florida to gain insight into their reform processes to rehabilitate individuals, reduce recidivism, provide a continuum of care, inside and outside of corrections.

UHCDC stated the report “outlines aspirations and visions that are crucial for inspiring and enabling transformation. We present this work as a contribution to that change, with gratitude, hope, and a firm belief that such transformation is not only possible but essential to our collective well-being.”

Department of Corrections and Rehabilitation Director Tommy Johnson said, “We express our sincere gratitude to UHCDC for its excellent work on this report. The report will be an effective tool to help DCR complete the planning and design for the new OCCC, develop request for proposals and select a contractor to design the proposed new jail.”

The DCR envisions the new jail to have multipurpose rooms for programs, use of natural light, outdoor recreation yard, wall murals and space for treatment rooms to support rehabilitative services for inmates. A new facility to include a gym, courtyard, dining room and lounge for staff to promote health and wellness is also part of that vision.

DCR will be engaging with the feedback in the report to further guide the rehabilitation aims of the new facility.

Cathi Ho Schar, director of the University of Hawaiʻi Community Design Center, said, “We thank the Department of Corrections and Rehabilitation for sponsoring this work and inviting us to lead this effort. We also offer our heartfelt appreciation to everyone who linked elbows with us and who shared their time and manaʻo with our team.”

UHCDC’s work is an independent addition to the planning and design of the new OCCC. The purpose of the report is to help DCR with the development of the Request for Proposals (RFP) and to select a team to design and construct the new jail. UHCDC is not responsible for the development of the RFP.

Please click on the following link to access the report: https://www.breaking-cycles-symposium.org.

# # #

Media Contacts:

Rosemarie Bernardo

Public Information Officer

Hawai‘i Department of Corrections and Rehabilitation

Office: 808-587-1358

Cell: 808-683-5507

Email: [email protected]

Website: https://dcr.hawaii.gov

MIL OSI USA News –

February 7, 2025
MIL-OSI USA: 2025-15 AG NEWS RELEASE – ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

Source: US State of Hawaii

2025-15 AG NEWS RELEASE – ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

Posted on Feb 5, 2025 in Latest Department News, Newsroom

STATE OF HAWAIʻI

KA MOKU ʻĀINA O HAWAIʻI

DEPARTMENT OF THE ATTORNEY GENERAL

KA ʻOIHANA O KA LOIO KUHINA

JOSH GREEN, M.D.
GOVERNOR

KE KIAʻĀINA

ANNE LOPEZ

ATTORNEY GENERAL

LOIO KUHINA

ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

News Release 2025-15

FOR IMMEDIATE RELEASE

February 4, 2025

HONOLULU –Attorney General Anne Lopez today joined a coalition of 14 attorneys general to reaffirm their commitment to protecting access to gender-affirming care in the face of the Trump Administration’s recent Executive Order. The coalition released the following statement:

“As state attorneys general, we stand firmly in support of healthcare policies that respect the dignity and rights of all people. Health care decisions should be made by patients, families and doctors, not by a politician trying to restrict freedoms. Gender-affirming care is essential, lifesaving medical treatment that supports individuals in living as their authentic selves.

The Trump Administration’s recent Executive Order is wrong on the science and the law. Despite what the Trump Administration has suggested, there is no connection between “female genital mutilation” and gender-affirming care, and no federal law makes gender-affirming care unlawful. President Trump cannot change that by Executive Order.

Last week, attorneys general secured a critical win from a federal court that directed the federal government to resume funding that had been frozen by the Trump Administration. In response to the court’s order, the Department of Justice has sent a notice stating that “federal agencies cannot pause, freeze, impede, block, cancel, or terminate any awards or obligations on the basis of the OMB memo, or on the basis of the President’s recently issued Executive Orders.” This means that federal funding to institutions that provide gender-affirming care continues to be available, irrespective of President Trump’s recent Executive Order. If the federal administration takes additional action to impede this critical funding, we will not hesitate to take further legal action.

State attorneys general will continue to enforce state laws that provide access to gender-affirming care, in states where such enforcement authority exists, and we will challenge any unlawful effort by the Trump Administration to restrict access to it in our jurisdictions.”

Joining Attorney General Lopez in issuing this statement are the attorneys general of California, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Jersey, New York, Nevada, Rhode Island, Vermont and Wisconsin.

# # #

Media contacts:

Dave Day

Special Assistant to the Attorney General

Office: 808-586-1284

Email: [email protected]

Web: http://ag.hawaii.gov

Toni Schwartz
Public Information Officer
Hawai‘i Department of the Attorney General
Office: 808-586-1252
Cell: 808-379-9249
Email: [email protected]

Web: http://ag.hawaii.gov

MIL OSI USA News –

February 7, 2025
MIL-OSI USA: DLNR News Release – HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS, Feb. 5, 2025

Source: US State of Hawaii

DLNR News Release – HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS, Feb. 5, 2025

Posted on Feb 5, 2025 in Latest Department News, Newsroom

STATE OF HAWAIʻI

KA MOKU ʻĀINA O HAWAIʻI

DEPARTMENT OF LAND AND NATURAL RESOURCES

JOSH GREEN, M.D.
GOVERNOR

DAWN CHANG
CHAIRPERSON

HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS

FOR IMMEDIATE RELEASE

Feb. 5, 2025

HONOLULU – Artists are invited to submit entries to the DLNR Division of Forestry and Wildlife (DOFAW) for the 2025-26 Hawaiʻi Wildlife Conservation and Game Bird Stamp annual art contest. The wildlife conservation stamp is a requirement for Hawai‘i state hunting licenses and the game bird stamp is required for anyone intending to hunt game birds. Both stamps will also be available to stamp collectors.

Game Bird Stamp – Erckel’s Francolin (Pternistis erckelii). Native to Ethiopia and Sudan, the Erckel’s spurfowl was introduced to Hawaiʻi in 1957 as a game bird. At about 16 inches long, they are brown with white streaky spots and distinct chestnut-colored feathers on the top of their heads, with white throats. Often in upland dry grasslands, they scare easily and hide from view and prefer running away rather than flushing. Listen for their loud laughing cackle, especially in the morning. They are located on the islands of Hawaiʻi, Lānaʻi, Oʻahu, and Kaua‘i.

Wildlife Conservation Stamp – Manu-o-Kū (White “Fairy” Tern) (Gygis alba), a Hawaiian urban-community forest bird. 2025 is the Year of Our Community Forests, collections of trees in the wao kanaka, or inland region where people live, learn and play. Community forests include trees in our neighborhoods, yards, parks, schools and along our streets. They give us gathering places, shade, air to breathe, food to eat, wood for carving, leaves for weaving and flowers for lei.

The Manu-o-Kū is a perfect representation of our native wildlife that utilizes the urban-community forests for habitat, breeding, nesting and rearing their young. Manu-o-Kū breed on oceanic islands, both on low-lying coralline sand islands and high volcanic islands. They do not build nests; eggs are laid on whatever suitable depression is found. Nest sites include volcanic pinnacles, cliffs, rocky slopes, large bushes or trees, as well as man-made structures.

ENTRY REQUIREMENTS

SETTING: Hawai‘i habitat

SIZE: Completed painting with a maximum of 24” by 36” and unframed (to be reduced to 1” X 1.5” stamp)

MEDIUM: Oil or acrylic preferred

ENTRY: Completed oil or acrylic painting or an 8.5” X 11” photo/print/photocopy of a completed painting.

DEADLINE: All entries must be received by April 05, 2025. Notification of the winner will be made later in April.

SHIPPING FEE: All paintings sent must be accompanied by a $35.00 fee to cover the cost of returning the artwork. You must visit the Administration office to pick up your artwork if a check is not included. Checks are to be made payable to the DLNR. Otherwise, a photo, print, or photocopy of an original painting may be sent without fee (see application form).

PAYMENTS: The winner will receive a maximum award of $1,000.

Funds from Hawai‘i Wildlife Conservation Stamp sales go into the state Wildlife Revolving Fund to support wildlife populations and habitats and to manage the state’s hunting and non-game programs.

Last year, revenues from both stamps were used to cover some of the costs of maintaining hunting units and to add game bird and game mammal hunting opportunities where possible. Proceeds from the sale of wildlife conservation stamps will also provide funds for salaries, the annual lease rental of the Lānaʻi Cooperative Game Management Area, and support wildlife diversity programs.

# # #

RESOURCES

(All images/video courtesy: DLNR)

HD video – Small Game Birds Put and Take, web feature (Nov. 24, 2021):

https://vimeo.com/650077788?share=copy

HD video – Small game birds put and take, media clips (Nov. 24, 2021):

https://vimeo.com/649777485?share=copy

Photographs – Small game bird releases Kuaokala Game Management Area (Nov. 24, 2021):

https://www.dropbox.com/scl/fo/i5naci5zakhg1r8rw6acd/h?rlkey=7psw5565bo4oib3pgve1yrwqo&dl=0

Information on the contest and application forms:

DOFAW, 1151 Punchbowl St., Room 325, Honolulu, HI 96813 or at:

https://dlnr.hawaii.gov/recreation/files/2025/01/FY25-26-Artist-Application.pdf

Contest contacts:

[email protected], 808-226-7757.

[email protected], 808-347-6869.

2025: Year of Our Community Forests

https://dlnr.hawaii.gov/dofaw/trees/

Media Contact:

Ryan Aguilar

Communications Specialist

Hawaiʻi Dept. of Land and Natural Resources

Communications Office: 808-587-0396

Email: [email protected]

MIL OSI USA News –

February 7, 2025
MIL-OSI: Descartes Showcases Global Trade Intelligence Technology Innovations
Source: GlobeNewswire (MIL-OSI)

ATLANTA, Feb. 06, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to showcase numerous technology innovations to its global trade intelligence software suite at Descartes’ Innovation Forum event, which takes place in Washington, DC from February 11-12, 2025. Innovations to Descartes’ solution suite help companies in diverse industries manage the cross-border trade of merchandise, commodities and services more securely and efficiently in the face of expanding compliance requirements, geopolitical volatility, and evolving tariffs and trade barriers.

“The current environment of ever-changing and complex trade regulations is challenging to manage. Our solutions and trade data help simplify how our customers’ teams conduct business while helping them mitigate risk,” said Brian Hodgson, General Manager, Trade Intelligence at Descartes. “Our technology innovations are focused on helping companies build more agile, intelligent and resilient supply chain networks that allow them to keep pace with frequent and complex tariff and regulatory changes, secure better sources of supply, and acquire high quality competitive intelligence.”

Descartes’ global trade intelligence innovation and enhancements include:
- Artificial Intelligence (AI)-enabled screening and classification to scale compliance operations. AI-driven screening for restricted, sanctioned and denied parties quarantines low-quality false positives and identifies when additional due diligence is required. AI-driven import/export classification accelerates product lookup capabilities in combination with other features such as regulations cross-referencing and landed cost calculations. Both innovations help companies more efficiently access and manage high volume, repetitive tasks without overloading existing compliance resources or adding new staff.
- AI-based agent to speed complex global trade intelligence queries. Converse in multiple languages with an AI-based agent to answer common questions; quickly identify historical trade patterns, emerging trends, or specific data needs (e.g., commodities, companies, products); and receive text- and/or graph-based responses. This helps users define searches more precisely, ensuring they extract the most relevant global trade data and that it’s presented effectively. It makes global trade data content more accessible and actionable, while minimizing the training time required to build proficiency in developing optimal queries.
- Expanded global trade content offerings to simplify more wholistic risk assessments. Combining traditional Harmonized System (HS)-based trade data content with both optional experience-based content, such as previously classified products, and timely innovative-based content, such as legislation and/or regulations, provides companies with a broader content ecosystem to facilitate efficient and effective risk assessment associated with product, party or shipment compliance.
- Enhanced analytics to generate insights and inform strategic, evidence-based decision making. Advanced Microsoft Power BI-based analytics aggregates data from screening applications and other sources (e.g., visitor management, license management, other operational systems) to provide a single reporting view. Companies no longer need to rely on complicated integrations between applications to access sophisticated analytics that provide useful insight into their compliance activities, particularly in large enterprises.
- Expanded capabilities to manage increasing export controls and complexities around export license management. Expanded set of East Asian countries for compliance checks and license determinations, in addition to enhanced workflows and data sharing capabilities for very complex controlled goods businesses (e.g., aerospace and defense), which help companies better manage compliance with local laws, international agreements and security protocols.
Learn more about Descartes’ Global Trade Intelligence solutions.

Descartes’ Innovation Forum events offer a unique opportunity for Descartes customers and United by Design partners worldwide to connect with the Descartes team. These forums aim to share best practices in using Descartes’ technologies, explore ways to enhance operations with Descartes’ expanding solutions, and gather valuable feedback on product development. More information on the Global Trade Intelligence event is available here.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack
Tel: 226-750-8050
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ global trade intelligence solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

The MIL Network –
February 7, 2025
MIL-OSI: Bitmaster Revolutionizes Crypto Trading with AI and MCS Token Integration

Source: GlobeNewswire (MIL-OSI)

SEOUL, South Korea, Feb. 06, 2025 (GLOBE NEWSWIRE) — Bitmaster, an advanced cryptocurrency trading platform, is transforming digital asset trading through AI-driven automation and MCS token integration. By combining real-time analytics with automated trading strategies, Bitmaster provides a more efficient, secure, and accessible trading environment for both beginners and professional traders.

Bitmaster leverages AI-based trading signals to analyze the market and execute automated trades, allowing users to seize real-time opportunities while minimizing risks. Additionally, MCS tokens offer benefits such as reduced transaction fees, automated trading functionality, staking rewards, and access to premium trading tools, enhancing the overall user experience.

New users can enjoy a 3-day free premium membership trial and receive 10 MCS tokens, allowing them to explore the platform’s various features. Premium features include Signal Master and Auto Master, which enhance trading precision. Signal Master provides trading signals for Bitcoin futures, supporting users with accurate trading strategies. Auto Master, which is currently under development, will enable automated trading based on Signal Master’s insights. Additionally, within the app, users can participate in the Up & Down Prediction Game, where they predict Bitcoin futures price movements (UP or DOWN). Successful predictions reward users with 1.9 times the MCS amount wagered. The 10 MCS tokens received can also be sent to LBank for trading or converted to USDT for withdrawal.

Bitmaster is focusing on enhancing liquidity, improving market accessibility, and strengthening its presence in the global cryptocurrency ecosystem. To achieve this, the company is expanding strategic partnerships and collaborating with leading global exchanges to provide diverse fiat on-ramp options and region-specific trading solutions. Additionally, Bitmaster is increasing accessibility by offering multi-language support and localized customer service to better serve its global user base. These initiatives ensure that users can trade in a seamless and secure environment through trusted exchange partnerships.

Bitmaster operates various user-centric incentive programs to encourage active participation and trading. MCS airdrops provide additional benefits to both new and existing users, driving engagement within the platform. This encourages continuous trading activity, allowing users to earn more rewards within the Bitmaster ecosystem. Additionally, promotional campaigns offer extra benefits, ensuring long-term user retention. Incentives such as MCS airdrops, referral programs with up to 30% commission, and ICO bonuses of up to 40% play a crucial role in increasing user engagement and supporting the platform’s sustained growth.

Bitmaster continues to set new standards in AI-driven innovation and blockchain technology, driving automation and data-driven trading. As the platform evolves, it aims to deliver an intuitive, efficient, and rewarding trading experience for global users, solidifying its leadership in the cryptocurrency trading industry.

For more details: https://buly.kr/Ezi4D52

Contact Information

Company Name: Bitmaster
Contact Person: Evelyn
Contact Person Title: Contents Manager
Email: mr.mcs@bitmaster.pro
Phone Number: +82 1039824189
Company Website: https://bitmaster.pro/

Disclaimer: This press release is provided by Bitmaster. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. 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 as financial, investment, or trading advice. Investing in cloud mining and 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.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/efe81893-9e0b-4e13-8c27-8d4e63bce156

https://www.globenewswire.com/NewsRoom/AttachmentNg/3288772b-ccfb-4ab2-aff0-17d97f476168

https://www.globenewswire.com/NewsRoom/AttachmentNg/5f212ffe-9120-4f2e-aa45-9eed813dcb99

The MIL Network –

February 7, 2025
MIL-OSI: Nokia Bell Labs celebrates 100 years of pioneering innovations, shaping the past, present and future
Source: GlobeNewswire (MIL-OSI)

Press Release

Nokia Bell Labs celebrates 100 years of pioneering innovations, shaping the past, present and future
- Over the last century, Nokia’s award-winning industrial research arm whose inventions of the transistor, solar cell and laser laid the groundwork for the digital age and paved a path to the internet.
- Today, it continues to chart new paths in space communications, quantum, artificial intelligence, foundational technologies and sensing to address humanity’s most pressing challenges.
6 February 2025
Murray Hill, New Jersey – Nokia’s renowned industrial research arm behind the invention of the transistor, the solar cell, the laser and countless more, Nokia Bell Labs, is celebrating its centennial in 2025, marking 100 years of groundbreaking discoveries and innovations that blazed the trail for the digital age and pushed the boundaries of what’s possible.

Nishant Batra, Chief Strategy and Technology Officer at Nokia, said: “The last century would be unrecognizable without Nokia Bell Labs. We established the foundations for modern communications, computing and the internet, setting the standard for the telecommunications industry, with a profound impact on people and communities worldwide. Our legacy is embedded in every bit within the billions of terabytes that flow through global networks each year and our dedicated researchers are tirelessly working on the groundbreaking innovations that will shape the future.”

Over the past 100 years, Nokia Bell Labs researchers have made revolutionary discoveries in radio astronomy, semiconductors, Information Theory and cellular communications that have driven U.S. and global innovation and laid the groundwork for the digital age. These breakthroughs and many others have resulted in 10 Nobel Prizes and five Turing Awards, as well as three Emmys, two Grammys and an Academy Award.

Today, its legacy lives on in wavelengths, wires and bits as it charts new paths in space communications, quantum, artificial intelligence, foundational technologies and sensing that address humanity’s most pressing challenges. Nokia Bell Labs is setting world-record optical speeds to meet the insatiable global demand for high-speed communication, deploying cellular networks that will underpin sustained human presence on the Moon and beyond, and conducting industry-leading 6G research that will fuse the physical, digital and human worlds.

Peter Vetter, President of Bell Labs Core Research at Nokia, said: “At Nokia Bell Labs, we don’t just follow trends, we create them. Our researchers focus on solving hard problems that have a real human need in order to come up with the next big thing. From pioneering concepts for 6G and world-firsts in fiber technology to innovations in sensing and understanding that fuses the physical, digital and human worlds, we are redefining how we perceive the world around us and augmenting our capabilities.”

Thierry E. Klein, President of Bell Labs Solutions Research at Nokia, said: “For the last 100 years, Nokia Bell Labs has been harnessing the extraordinary imaginations of our researchers to push the boundaries of what is possible and create transformative real-world solutions. In our next century, we are delivering the communication building blocks here on Earth as well as for a rapidly growing space economy that underpins sustained human presence on the Moon – and beyond.”

Leveraging Nokia Bell Labs’ pioneering technology, Nokia helps propel society, industry and the environment toward a more sustainable future — expanding possibilities and redefining how we live, work and care for our planet.

Nokia Bell Labs will be hosting celebrations and events at its locations around the world in 2025, follow the latest at https://www.nokia.com/bell-labs/100/.

Resources and additional information
Webpage: Nokia
Webpage: 100 years of Bell Labs
Blog: Nokia Bell Labs celebrates 100 years of innovation and looks ahead to another century of discovery
Image Library: Nokia Bell Labs Centennial
Video: Nokia Bell Labs Centennial

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

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

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

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

Follow us on social media
LinkedIn X Instagram Facebook YouTube

Attachments

The MIL Network –
February 7, 2025
MIL-OSI: Talen Energy to Report Full Year and Fourth Quarter 2024 Financial Results on February 27, 2025

Source: GlobeNewswire (MIL-OSI)

HOUSTON, Feb. 06, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation (“Talen”) (NASDAQ: TLN) plans to release its full year and fourth quarter 2024 financial results on Thursday, February 27, 2025, after market close. President and Chief Executive Officer Mac McFarland and Chief Financial Officer Terry Nutt will discuss the financial and operating results during an earnings call at 4:30 p.m. EST (3:30 p.m. CST) on February 27, 2025.

To listen to the earnings call, please register in advance for the webcast here. For participants joining the call via phone, please register here prior to the start time to receive dial-in information. For those unable to participate in the live event, a digital replay of the earnings call will be archived for approximately one year and available on Talen’s Investor Relations website at https://ir.talenenergy.com/news-events/events.

About Talen
Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably, delivering the most value per megawatt produced and driving the energy transition. Talen is also powering the digital infrastructure revolution. We are well-positioned to capture this significant growth opportunity, as data centers serving artificial intelligence increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/.

Investor Relations:
Ellen Liu
Senior Director, Investor Relations
InvestorRelations@talenenergy.com

Media:
Taryne Williams
Director, Corporate Communications
Taryne.Williams@talenenergy.com

Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecasts,” “goal,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties.

The MIL Network –

February 7, 2025
MIL-OSI: CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare Enterprises

Source: GlobeNewswire (MIL-OSI)

SOC 2 Type 2 Attestation Positions CareCloud Among a Select Group of less than 10% of all EHR Vendors

SOMERSET, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology and AI-driven solutions, today announced that it has successfully completed a SOC 2 Type 2 examination for the second consecutive year, receiving a clean report with no exceptions. The examination scope of the Healthcare IT systems, performed by an independent CPA firm, covered security, availability, processing integrity, and confidentiality. This accomplishment underscores the Company’s commitment to the highest standards of data security, privacy, and regulatory compliance—critical for healthcare providers, especially larger enterprises such as health systems and hospital networks.

“Our ability to achieve a clean SOC 2 Type 2 report for the second consecutive year is a testament to the strength of our security infrastructure and our commitment to protecting sensitive healthcare data,” said A. Hadi Chaudhry, Co-CEO of CareCloud. “As we continue to advance our AI-driven solutions and cloud-based platform, maintaining the highest level of security and compliance remains a top priority. This examination reinforces our dedication to delivering innovative technology that meets the stringent requirements of enterprise healthcare organizations.”

Successfully completing the SOC 2 Type 2 examination affirms that the Company has maintained rigorous security controls and operational effectiveness across its cloud-based platform. This milestone aligns the Company for continued expansion into larger client bases, including health systems, multi-specialty group practices, and enterprise-level healthcare organizations that demand robust security and compliance frameworks.

“We’re excited to be in a select group of an estimated 10% of all EHR vendors who have achieved this important attestation,” said Stephen Snyder, Co-CEO of CareCloud. “With this attestation, we are uniquely positioned for further expansion across larger healthcare enterprises who typically require a SOC 2 Type 2 attestation. As we continue to scale our offerings to meet the needs of larger and more complex organizations, completing this examination with a clean report distinguishes us among our competitors and demonstrates our ability to support enterprise clients with confidence and reliability.”

As CareCloud expands its AI-driven solutions, revenue cycle management (RCM) services, and electronic health record (EHR) offerings to larger healthcare organizations, this attestation solidifies its ability to meet the evolving security and compliance needs of health systems and enterprise clients.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health at www.carecloud.com.

To listen to video presentations by CareCloud’s management team, read recent press releases and view our latest investor presentation, please visit https://ir.carecloud.com.

Follow CareCloud on LinkedIn, X and Facebook.

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE CareCloud

Company Contact:
Norman Roth
Interim Chief Financial Officer and Corporate Controller
CareCloud, Inc.
nroth@carecloud.com

Investor Contact:
Stephen Snyder
Co-Chief Executive Officer
CareCloud, Inc.
ir@carecloud.com

The MIL Network –

February 7, 2025
MIL-OSI Asia-Pac: TRAI releases recommendations on ‘Revision of National Numbering Plan’
Source: Government of India (2)

Posted On: 06 FEB 2025 4:12PM by PIB Delhi

The Telecom Regulatory Authority of India (TRAI) has today issued recommendations on ‘Revision of National Numbering Plan’.

Telecommunication Identifiers (TIs)/ Numbering resources are used to uniquely identify a telecom user, service, network elements, equipment, or an authorised entity. In today’s interconnected digital landscape, where billions of devices and users are required to be addressed, sufficient availability and efficient utilisation of numbering resources (TIs) are essential for ensuring universal accessibility and reliable delivery of telecommunication services to consumers, businesses, and industries.

TRAI had received a reference letter No. 16-16/2022-AS-III/123/233 dated 29.9.2022 from DoT seeking recommendations to address constraints related to the availability of adequate fixed line numbering resources arising out of rapid growth and the revised National Numbering Plan. DoT had also requested examination and recommendations on the aspects related to the Fixed-line numbering Scheme, level ‘1’ short-codes numbering resources, Service Control Point (SCP) codes, National Signalling Point (SP) Codes for signalling, Mobile Country Code-Mobile Network Code (MCC-MNC) for Captive Non-Public Network (CNPN), M2M numbering resources, Intelligent Network Services, and Number Portability Codes (Location Routing Number).

Accordingly, TRAI issued a Consultation Paper on ‘Revision of National Numbering Plan’ on 06thJune 2024.The comments and counter-comments received from various stakeholders are available on the TRAI website. In this regard, an Open House Discussion (OHD) was held on 08th October 2024 through video conference.

Based on the comments/ inputs received from the stakeholders during the consultation process, discussions held during OHD, and further analysis of the issues, the Authority has finalised Recommendations on ‘Revision of National Numbering Plan’.

The salient features of the recommendations are as follows: –
1. Charges on numbering resources –
1. No additional charge or financial disincentive on numbering resources has been recommended at this stage.
1. DoT to monitor the annual usage of numbering resources allocated to TSPs and if required, may withdraw unutilized numbering resources.
1. To addressnumbering resource constraints in Fixed-line Services –
1. Migrate from Short Distance Charging Area (SDCA)(mostly Taluka/Tehsil) to License Service Area (LSA)based 10-digit closed numbering scheme for fixed-line services to unlock numbering resources currently restricted to SDCA level.
2. Dial all fixed-line to fixed-line calls using a prefix of ‘0’, followed by the STD code and the subscriber number.
3. The dialling pattern for fixed-to-mobile, mobile-to-fixed, and mobile-to-mobile calls will remain unchanged.
4. Existing subscriber numbers remain unchanged.
5. Six months to implement the new numbering scheme.
6. Post implementation of the LSA-based 10-digit closed numbering scheme, a 10-digit fixed-line numbering scheme using a Fixed-line Location Routing Number (FLRN) code should be adoptedwithin a maximum period of five years, resulting in nationwide availability of LSA-based numbering resources. This would facilitate implementing fixed-line number portability (as is presently available in the Mobile network) in the near future.
1. Inhibit UCC (Unsolicited Commercial Communication), Spam calls and CLI spoofing
1. DoT to implement TRAI recommendations on ‘Introduction of Calling Name Presentation (CNAP) Service in Indian Telecommunication Network’ dated 23.02.2024 at the earliest including expeditious implementation of CNAP supplementary services for all SIP (Session Initiation Protocol) and PRI (Primary Rate Interface) Calls terminating on mobile networks.
2. To stop CLI (Call Line Identification) spoofing and tampering, the CLI Authentication framework and Distributed Certification Authority framework should be implemented in accordance with ITU recommendations Q.3057 and Q.3062, respectively.
1. Timeline for deactivation of numbering resources for mobile and Fixedline connections –
1. No mobile or fixed-line connections shall be deactivated by the TSPs until 90 days of the non-usage period expires.
1. All mobile and fixed-line connections that remain inactive due to non-usage shall be mandatorily deactivated by the TSPs after 365 days post-expiration of 90 days of the non-usage period.
1. Numbering resources for Mobile and Machine-to-Machine (M2M) –
1. 13-digit M2M numbering resources sufficient enough to meet both current and future demands.
1. DoT to expeditiously implement the accepted TRAI recommendation stating that all the SIM-based M2M connections using 10-digit mobile numbering series should be shifted to the 13-digit M2M communication.
1. Other numbering resources –Level-1 shortcodes–
1. To be allocated free of charge and to Government entities only.
1. Conduct annual utilisation audit of shortcodes. Inactive shortcodes be withdrawn on merit, in consultation with the user entities.
The recommendations have been placed on TRAI’s website www.trai.gov.in.

For any clarification/information Shri Abdul Kayum, Advisor (Broadband and Policy Analysis), TRAI may be contacted at Tel. No. +91-11-20907757.

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Samrat/ Dheeraj@: pibcomm[at]gmail[dot]com

(Release ID: 2100279) Visitor Counter : 96

MIL OSI Asia Pacific News –
February 7, 2025
MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh reiterates government’s commitment to “Zero Tolerance Against Corruption” and highlights various steps taken to curb it

Source: Government of India

Union Minister Dr. Jitendra Singh reiterates government’s commitment to “Zero Tolerance Against Corruption” and highlights various steps taken to curb it

The amendment to Prevention of Corruption Act, 1988 in the year 2018 criminalizes the act of giving bribe creates a liability not just on bribe taker but also on bribe giver highlights Dr. Jitendra Singh

Posted On: 06 FEB 2025 3:42PM by PIB Delhi

Union Minister of State (Independent Charge) for Science and Technology; Earth Sciences and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr. Jitendra Singhreiterates government’s commitment to “Zero Tolerance Against Corruption” and highlights various steps taken to curb it while answering to an unstarred question in Rajya Sabha, today.

The Minister of State for DoPT, Dr. Jitendra Singh highlighted the steps undertaken by the government as mentioned below-

i. Systemic improvements and reforms to provide transparent citizen-friendly services and reduce corruption. These, inter alia, include: a) Disbursement of welfare benefits directly to the citizens under various schemes of the Government in a transparent manner through the Direct Benefit Transfer initiative. b) Implementation of E-tendering in public procurements. c) Introduction of e-Governance and simplification of procedure and systems. d) Introduction of Government procurement through the Government eMarketplace (GeM).

ii. Discontinuation of interviews in recruitment of Group ‘B’ (Non-Gazetted) and Group ‘C’ posts in Government of India.

iii. Invocation of FR-56(j) and AIS(DCRB) Rules, 1958 for retiring officials from service in public interest whose performance has been reviewed and found unsatisfactory.

iv. The All India Services (Disciplinary and Appeal) Rules and Central Civil Services (Classification, Control and Appeal) Rules have been amended to provide for specific timelines in the procedure related to disciplinary proceedings.

v. The Prevention of Corruption Act, 1988 has been amended on 26.07.2018. It clearly criminalizes the act of giving bribe and will help check big ticket corruption by creating a vicarious liability in respect of senior management of commercial organizations.

vi. Central Vigilance Commission (CVC), through various orders and circulars recommended adoption of Integrity Pact to all the organizations in major procurement activities and to ensure effective and expeditious investigation wherever any irregularity/misconduct is noticed.

vii. The institution of Lokpal has been operationalised by appointment of Chairperson and Members. Lokpal is statutorily mandated to directly receive and process complaints as regards alleged offences against public servants under the Prevention of Corruption Act, 1988. In addition, the CVC as an apex integrity institution has adopted a multi-pronged strategy and approach to combat corruption, which encompasses punitive, preventive and participative vigilance.

(c): The Whistle Blowers Protection Act, 2014 (No. 17 of 2014) has been notified on 12th May 2014. In terms of provision of sub-section (3) of section 1 of the Act, the provisions of the Act shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. No such notification has been made by the Government for the reason that the Act required amendments aimed at safeguarding against disclosures affecting sovereignty and integrity of India, Security of the State, etc., before it is brought into force. The government introduced the Whistle Blowers Protection (Amendment) Bill, 2015 in the Lok Sabha on 11th May 2015 which was passed by the Lok Sabha on 13th May 2015 and transmitted to the Rajya Sabha. The Bill has since lapsed upon the dissolution of the Sixteenth Lok Sabha.

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NKR/PSM

(Release ID: 2100256) Visitor Counter : 49

MIL OSI Asia Pacific News –

February 7, 2025
MIL-OSI Asia-Pac: MEASURES TO COMBAT TELECOM-RELATED FRAUDS
Source: Government of India (2)

Posted On: 06 FEB 2025 3:12PM by PIB Delhi

Department of Telecommunications (DoT) has undertaken following measures to protect citizens and prevent misuse of telecom resources for cybercrime & financial frauds:
1. Developed a system to detect suspected mobile connections obtained on fake / forged documents and directed Telecom Service Providers (TSPs) for reverification.
1. Launched a citizen centric initiative Sanchar Saathi to empower mobile subscribers, strengthen their security and increase awareness. It is available in the form of web portal (https://sancharsaathi.gov.in) and Mobile App. Sanchar Saathi, inter-alia, facilitates citizens to:
1. report suspected fraud and unsolicited commercial communications
2. know the mobile connections issued in their name and report the mobile connections which are either not required or not taken by them
3. report the stolen / lost mobile handset for blocking and tracing
4. know the genuineness of mobile handset
1. Launched Digital Intelligence Platform (DIP) for sharing of information related to misuse of telecom resources with stakeholders for prevention of cyber-crime and financial frauds. At present, 540 organization including banks and financial institutions, Reserve Bank of India (RBI), State/UT Police, Security agencies, Indian Cybercrime Coordination Centre (I4C), TSPs etc. have on-boarded the platform.
1. DoT and TSPs have devised a system to identify and block incoming international spoofed calls displaying Indian mobile numbers that appear to be originating from within India. Such international spoofed calls have been made by cyber-criminals in recent cases of fake digital arrests, FedEx scams, drugs/narcotics in courier, impersonation as government and police officials, disconnections of mobile numbers by DoT/TRAI officials, etc.
Further, Ministry of Home Affairs has also launched the National Cyber Crime Reporting Portal (https://cybercrime.gov.in) to enable the public to report all types of cyber crimes.

DoT has notified Telecom Cyber Security Rules and Critical Telecommunication Infrastructure Rules on 21.11.2024 and 22.11.2024 respectively under section 22 of the telecommunications Act, 2023 for security of the telecommunication infrastructure. DoT has set up a Telecom Security Operation Centre (TSOC), for detecting potential cyber- threats to Indian telecom network and providing alerts to stakeholders for necessary actions. DoT is engaging with citizens and making them aware of telecom related frauds & scams through social media and regular press releases.

This information was given by the Minister of State for Communications, Dr. Pemmasani Chandra Sekhar in a written reply to a question in Rajya Sabha today.

*****

Samrat/Dheeraj@: pibcomm[at]gmail[dot]com

(Release ID: 2100237) Visitor Counter : 98

MIL OSI Asia Pacific News –
February 7, 2025
MIL-OSI Asia-Pac: GROWING IMPORTANCE OF SATELLITE COMMUNICATION

Source: Government of India (2)

GROWING IMPORTANCE OF SATELLITE COMMUNICATION

TELECOM TECHNOLOGY DEVELOPMENT FUND SCHEME TO ENABLE AFFORDABLE BROADBAND AND MOBILE SERVICES IN RURAL AND REMOTE AREAS

Posted On: 06 FEB 2025 3:09PM by PIB Delhi

The Government announced Satellite Communication Reforms in October, 2022 and Indian Space Policy in April, 2023. The Satellite Communication Reforms-2022 have facilitated the ease-of-doing business, streamlined a number of processes and reduced financial charges on the licensees. As a result of the recent Space Sector reforms, many satellite operators have shown interest and applied for authorization for providing the satellite capacity over India. It is envisaged that the above reforms will lead to better quality and affordable services

The Telecommunications Act, 2023 provides for assignment of spectrum through administrative process for satellite-based services, listed in First Schedule of the Act. Further, in line with The Telecommunication Act 2023, the Department of Telecommunications (DoT) on 11.07.2024 has sought the Recommendations of the Telecom Regulatory Authority of India (TRAI) on terms and conditions of spectrum assignment including spectrum pricing in respect of licensees intending to provide satellite-based communication services while accounting for level playing field with terrestrial access services.

The Telecom Technology Development Fund Scheme has been notified by DoT for domestic companies and institutions involved in technology design, development, and commercialization of telecommunication, including satellite communication, products and solutions to enable affordable broadband and mobile services in rural and remote areas.

This information was given by the Minister of State for Communications, Dr. Pemmasani Chandra Sekhar in a written reply to a question in Rajya Sabha today.

*****

Samrat/Dheeraj@: pibcomm[at]gmail[dot]com

(Release ID: 2100233) Visitor Counter : 78

MIL OSI Asia Pacific News –

February 7, 2025
MIL-OSI Asia-Pac: Amalgamated hybrid materials enable brain-mimicking artificial synapses for computing breakthroughs

Source: Government of India (2)

Posted On: 06 FEB 2025 5:05PM by PIB Delhi

Taking inspiration from nature, a group of scientists have amalgamated hybrid materials to form a robust biomimetic system that closely mimics the behavior of biological synapses. This can pave the path towards a new wave of innovation in computing with breakthroughs in robotics, machine learning, and real-time data processing.

The human brain, known for its remarkable energy efficiency, is serving as a model for developing advanced technologies. At the forefront of these efforts are solution-processed memristor (a non-volatile electrical component that regulates the flow of current in a circuit) devices, which are designed to replicate the brain’s synaptic functions. These devices are not only efficient but also scalable and cost-effective, making them ideal for creating neuromorphic systems-computers that function like the human brain. By mimicking how neurons communicate and process information, memristors have immense potential to revolutionize artificial intelligence, enabling smarter, faster, and more energy-efficient AI systems.

In a recent finding, a group of scientists from S. N. Bose National Centre for Basic Sciences (SNBNCBS), in collaboration with the National Institute of Technical Teachers’ Training and Research (NITTTR), developed a hybrid material incorporating nanoscale conductive clusters to facilitate the formation of metallic pathways within a memristive layer. The foundation of the technology is the development of mesoporous graphitic carbon nitride (g-C₃N₄, abbreviated as CN) nanosheets embedded with silver nanoparticles (Ag NPs) to enable incremental resistance modulation via electric field-induced electrochemical metallization. The amalgamation of these hybrid materials by SNBNCBS, an autonomous institute of Department of Science and Technology, forms a robust biomimetic system known as AgCN that closely mimics the behavior of biological synapses. The research was published in the journal Advanced Functional Materials,

The AgCN system exhibits gradual and continuous changes in resistance, a property that is critical for energy-efficient and adaptive computing systems. The utilization of biomimicry principles in neuromorphic computing devices has yielded unparalleled capabilities. Contrary to conventional computing systems that employ rigid algorithms, neuromorphic systems emulate the brain’s capacity for learning and adaptation. AgCN-based memristors exhibit remarkable versatility and adaptability in this domain.

These devices effectively replicated Morse Code by modulating their current to produce precise dot-and-line signals, underscoring their potential for real-time code detection applications. The core innovation of this technology lies in the electric field-induced strengthening or weakening of metallic pathways through the conductive clusters, which play a crucial role in modulating synaptic plasticity.

The devices can learn, adapt, and detect patterns with remarkable accuracy by varying voltage pulse numbers, amplitudes, and widths. A particularly noteworthy demonstration involved the devices’ capacity to emulate Pavlov’s dog experiment, thereby highlighting their aptitude for associative learning, a process analogous to biological learning. The impact of these devices extends beyond mere imitation of synaptic behavior, as they empower machines to learn and adapt with greater efficiency by processing and transmitting information in a manner analogous to biological synapses.

This capacity is of paramount importance for next-generation AI systems, which necessitate high-speed, low-power solutions for image recognition and real-time decision-making tasks. The development of conductive-island-assisted synaptic devices represents a significant leap forward in the field of artificial intelligence, as biomimicry drives innovation.

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NKR/PSM

(Release ID: 2100327) Visitor Counter : 7

MIL OSI Asia Pacific News –

February 7, 2025
MIL-OSI: reAlpha Appoints Vijay Rathna as Chief Crypto Officer

Source: GlobeNewswire (MIL-OSI)

DUBLIN, Ohio, Feb. 06, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the appointment of Vijay Rathna as the Company’s Chief Crypto Officer (“CCO”), effective as of February 20, 2025. In this role, Mr. Rathna will oversee all of reAlpha’s blockchain and cryptocurrency initiatives, including token strategy, blockchain integrations, and digital asset innovation, reporting directly to Giri Devanur, Chief Executive Officer of reAlpha.

Mr. Rathna has significant leadership experience in information technology, AI, blockchain architecture, and cryptocurrency ecosystems. Prior to joining reAlpha, Mr. Rathna served as the Senior Vice President of Innovation and Development at Coretelligent (merged from Chateaux Software), where he led the ideation, design and development of digital transformation team to build AI, automation and blockchain solutions for its clients. Some of those engagements included a blockchain-based digital ticketing platform, a SEC-approved stable coin in money market fund for a fintech company, a blockchain product for a global insurance company and others. Mr. Rathna is also an Associate Professor at Columbia University teaching “Blockchain and AI.”

Mr. Rathna’s appointment comes as reAlpha is exploring the integration of blockchain into its technologies, including the reAlpha platform. reAlpha plans to provide further updates and announcements regarding the integration of blockchain and digital assets technologies into its business model by the end of the first quarter of 2025.

Giri Devanur, Chief Executive Officer of reAlpha, commented, “We are thrilled to welcome Vijay Rathna to reAlpha as our Chief Crypto Officer, making reAlpha one of the first Nasdaq-listed companies to create such a position. The creation of this role highlights our commitment to innovate with blockchain technologies and the usage of digital assets. We believe that Vijay’s expertise in blockchain architecture, his entrepreneurial mindset, and his ability to deliver innovative and compliant solutions make him an invaluable addition to our team.”

Vijay Rathna added, “I am excited to join reAlpha and contribute to its mission of bringing real estate to the digital era by leveraging AI technologies. I look forward to advancing reAlpha’s blockchain initiatives and delivering impactful solutions for investors.”

About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.realpha.com.

Forward-Looking Statements
The information in this press release includes “forward-looking statements.” Forward-looking statements include, among other things, statements about the appointment of Mr. Rathna as CCO and the anticipated benefits thereof; reAlpha’s ability to develop blockchain solutions for the real estate industry; reAlpha’s ability to anticipate the future needs of the real estate markets; future trends in the real estate, technology and artificial intelligence industries, generally; and reAlpha’s future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha’s ability to commercialize its developing AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to develop blockchain solutions to the real estate industry; reAlpha’s ability to successfully integrate blockchain in its technologies, including the reAlpha platform; reAlpha’s ability to develop a digital token; reAlpha’s ability implement and execute its cryptocurrency investment policy; reAlpha’s ability to remain compliant with the changing landscape of regulations related to digital currencies and other technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to obtain the necessary regulatory and legal approvals to expand into additional U.S. states and maintain, or obtain, brokerage licenses in such states; reAlpha’s ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets; the potential loss of key employees of its acquired companies, including, but not limited to, the broker providing services on behalf of US Realty, one of reAlpha’s subsidiaries; reAlpha’s inability to accurately forecast demand for short-term rentals, corporate relocation programs and AI-based real estate focused products; reAlpha’s ability to successfully compete in the corporate relocation market; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Company Contact

Investor Relations
investorrelations@realpha.com

Media Contact

Alliance Advisors IR on behalf of reAlpha
Fatema Bhabrawala
fbhabrawala@allianceadvisors.com

The MIL Network –

February 7, 2025
MIL-OSI Economics: Derville Rowland: Innovation and technology in financial crime
Source: Bank for International Settlements

Good afternoon, ladies and gentlemen. It is a pleasure to be with you today and to address a topic so crucial to the future of financial services: the utilisation of innovation and technology to conduct – and most importantly, combat – financial crime.

In the mid to late ’90s, when email truly took off as a global tool for commerce, I was a barrister working for the UK’s Crown Prosecution Service amongst others, dealing with various criminal cases including serious frauds.

Justified enthusiasm about the ability to connect the world more effectively and efficiently was subsequently dampened somewhat by use of the technology for all manner of deceptions, frauds and financial crimes.

Several decades later, we see the same pattern playing out in real-time with artificial intelligence, with criminals using AI tools to bypass customer due diligence controls and carry out fraud via social engineering.

These sophisticated methods, including the use of AI tools via text, images, and voice, present significant challenges for regulators and supervisors.

There’s a popular saying that the pessimist complains about the wind, the optimist expects it to change, but the realist adjusts the sails.

As a regulator with hard-won experience of developing frameworks, building the teams to implement them, and deploying technology to combat financial crime and address misconduct, I’m very much a realist – albeit one who remains stubbornly optimistic. I don’t believe it’s an either/or scenario.

Put simply, I believe in the potential benefits of innovation and technology for consumers, investors, businesses and society – and want to see them realised. But this also means the risks must be effectively managed – we must, as it were, adjust the sails.

The importance of collective responses

The risks, of course, need no explanation to this audience. The anonymity of virtual assets can be used to transfer illicit funds quickly and across borders, with criminals increasingly leveraging new technologies to commit fraud, launder the proceeds of crime, and carry out financing of terrorism. The speed at which funds can be moved across borders makes it easier for criminals to exploit the financial system. And so on.

Last month, the Central Bank of Ireland published statistics showing the value of fraud in payments in Ireland increased by a quarter in 2023 compared to 2022 – from €100m to circa €126m.¹ Fraud was highest in credit transfers and card payments, with the biggest growth seen in money remittance.
This echoes trends across Europe, with a joint EBA/ECB report in August 2024 revealing that fraud losses are highest in credit transfer and card payments across the European Economic Area (EEA).²

Financial crime, of course, recognises no borders. And so, given the scale of the challenge which regulators and law enforcement agencies face, collective action – a harmonised response – is imperative.

Which is why the EU’s AML package is so important – it provides the framework and the agency (AMLA) through which we will collectively meet the challenge head on.

The AML package is by design technology neutral. It applies to traditional banking/financial models equally as it applies to crypto-asset service providers (CASPs), crowd-funding platforms and intermediaries. It obliges all types of firms that come within its ambit to comply with a set of AML/CFT rules that have now been harmonised across Europe.

How these firms comply with the rules is up to them, via traditional AML/CFT compliance programmes or by using regtech tools. What’s essential is that the means used are effective, and that such effectiveness can be demonstrated to supervisors.

This will be the case both for the 40 obliged entities that will be directly supervised by AMLA and the firms supervised by national AML authorities.³

Not waiting for the wind to change, the EU has addressed a number of emerging risks in the package.

To give some examples, the use of AI is acknowledged under the package, with an obligation on firms to ensure that human oversight is applied to decisions proposed by AI tools that may impact customers in certain areas.

Additionally, details of Virtual IBANs which are linked to other payment accounts will have to be recorded in member states’ Bank Account Registers. This will allow law enforcement to trace any funds being moved by such Virtual IBANs.

Finally, the package introduces the concept of Information Sharing Partnerships. Through these, credit and financial institutions will be enabled to share information relating to high risk customers, subject to important guardrails including data protection assessments.

The lack of an ability to share such information has long been pointed to as a real weak link in the system, which could allow someone who had an account closed by one bank on ML/TF grounds to seek to open an account in another.

It is hoped that these partnerships will be a real game-changer in the fight to keep bad actors from accessing the financial system in order to launder ill-gotten gains. Tech solutions, including tools which can allow information to be shared between financial institutions in a manner that complies with GDPR, will be essential here.

The package is also forward-looking in respect of sanctions.

Russia’s illegal war against Ukraine exposed some fault lines in the EU’s Financial Sanctions Framework. The package seeks to remedy this by imposing obligations on obliged entities to put in place frameworks to prevent and detect attempted breaches of EU financial sanctions.

It also requires obliged entities to ensure that prospective customers, and any person who owns or controls such prospective customers, are screened against the financial sanctions list prior to onboarding. Here again, we see the importance of effective technological solutions – the use of screening tools will be imperative for firms seeking to protect themselves from the possibility of breaching sanctions.

Developing a wider approach to preventing financial crime

Money laundering pre-supposes a predicate crime which has generated assets for a criminal. Looking more widely across the landscape, more work is required to put in place a comprehensive financial crime preventative framework that includes fraud.

The EU and member states have started thinking about fraud and money laundering more holistically, rather than two silos to be tackled independently. This is very welcome.

For our part, the Central Bank of Ireland is approaching AML, fraud, and sanctions through the lens of financial integrity of the system. We are building out a more integrated supervisory framework to look at risk in a more holistic way. We want to take a whole-of-sector, rather than piecemeal, approach, and so very much support emerging EU thinking in this area.

As a single market and economic and political union, the EU can point to work already under way and leverage further opportunities to confront the challenges involved.

Already, there are a number of other important EU developments aimed at protecting the financial integrity of the system and the citizens who depend on it.

PSD3 and the Payment Services Regulation will strengthen customer authentication rules and extending refund rights of consumers who have fallen victim to fraud, among other measures.

The EU’s Markets in Crypto Assets Regulation (MiCAR) includes rules relating to the information to be made available to prospective investors in crypto assets, partly in response to the proliferation of scams involving crypto asset issuance.

The amended Fund Transfer Regulation ensures that transfers of crypto assets by CASPs must now be accompanied by information on the sender and recipient, in the same way that credit transfers between banks must be.

The Instant Payments Regulation (IPR) obliges providers of standard and instant credit transfers to verify the payee at no additional charge to the payer. It also obliges PSPs offering instant credit transfers to screen their customer base against targeted financial sanctions lists at least daily.

The various regulatory and policy developments to tackle financial crime cannot succeed in isolation. For this reason, supervisors have been on a steady march away from reliance on traditional supervisory tools and are increasingly exploring ways to transform technology from an enabler of financial crime to a tool in the detection, disruption and successful prosecution of financial crime.

In that context, I’d like to mention a significant milestone in the Central Bank of Ireland’s innovation journey – the launch of our Innovation Sandbox Programme last December on the specific theme of Combatting Financial Crime.

About the sandbox

This initiative offers a structured environment for firms to develop innovative solutions in a collaborative environment, ensuring that new technologies are introduced safely and effectively into the financial sector.

The seven participants in the programme are employing new technologies and innovative methods to develop solutions that tackle financial crime, for the benefit of both the financial system and consumers.

Participants are representative of a diverse spectrum of innovators from Ireland, across Europe and the UK and feature start-ups, scaling firms, partnerships and established financial services firms.

Although it is still at an early stage in the programme, several key areas of focus have been identified such as:

The use of AI, machine learning, and pattern recognition to detect and prevent fraud; and

The use of technology to enable data sharing without compromising sensitive information, allowing real-time verification of identities and other credentials while ensuring full compliance with data protection regulations and the development of digital identity verification tools.

The Central Bank is organising workshops for participating firms on specific topics relevant to theme of combating financial crime, facilitating bespoke engagement with dedicated relationship managers, and providing access to a data platform offering data sets and tools relevant to the theme. This will allow participants to test and develop their innovation.

We are hugely excited about the programme and look forward to sharing the results of it in due course.

Conclusion

In conclusion, I was greatly struck by something Elizabeth McCaul of the ECB Supervisory Board previously said: “Technology is fundamentally a human activity- technology is neither good nor bad, but humans make it so.” ⁴

The reality is that no piece of legislation can contemplate every financial crime risk or typology or close every loophole. We can’t wipe out financial crime – any more than we can wipe out car theft, shoplifting or burglary. But what we can do is to become as effective as possible at reducing its impact.

Hence, as technology evolves, it behoves regulators and supervisors to evolve too – continually adapting to keep pace with these changes and ensure that, collectively and individually, we are the forefront of protecting the integrity of the financial system and those who use it.

Thank you.
MIL OSI Economics –
February 7, 2025
MIL-OSI: Bilibili Inc. to Report Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results on Thursday, February 20, 2025

Source: GlobeNewswire (MIL-OSI)

SHANGHAI, Feb. 06, 2025 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Thursday, February 20, 2025, before the open of U.S. markets.

The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on February 20, 2025 (8:00 PM Beijing/Hong Kong Time on February 20, 2025). Details for the conference call are as follows:

All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers and a personal PIN, which will be used to join the conference call.

Additionally, a live webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com, and a replay of the webcast will be available following the session.

About Bilibili Inc.

Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

For more information, please visit: http://ir.bilibili.com.

For investor and media inquiries, please contact:

In China:

Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: ir@bilibili.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com

The MIL Network –

February 6, 2025
MIL-OSI United Kingdom: Safety bulletin 1/2025 published
Source: United Kingdom – Executive Government & Departments

This bulletin urges prospective customers intending to stay on liveaboard vessels to book through reputable vendors only.
Image courtesy of Ali Aref – Dive Pro Liveaboard

Today, we have issued a safety bulletin to prospective customers following the loss of life on Egyptian liveaboard dive boats operating in the Red Sea.

Chief Inspector of Marine Accidents, Andrew Moll OBE, said:

The MAIB is aware of 16 accidents that have occurred over the last 5 years involving liveaboard dive vessels operating in the Red Sea. It is deeply regrettable that a number of these accidents have resulted in the loss of life and our thoughts are with all those affected.

While MAIB does not have the jurisdiction to investigate accidents involving non-UK flagged vessels operating within the territorial waters of another coastal state, we have made the appropriate authorities aware of our national interest and offered every assistance with any safety investigation they conduct.

Our safety bulletin provides important guidance to those intending to stay on liveaboard vessels. It is important to remember that such vessels are unlikely to be built, maintained, equipped, and operated to the standard of similar vessels in the UK and we urge the exercise of extreme caution when choosing a boat.

The bulletin, available via this link, contains details of what happened, initial findings, safety lessons and a recommendation.

In line with the principles of the International Maritime Organization (IMO) Casualty Investigation Code, the UK has been registered as a substantially interested state in the Egyptian safety investigations into these accidents.

Media enquiries (telephone only)

Media enquiries during office hours 01932 440015

Media enquiries out of hours 0300 7777878

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Published 6 February 2025
MIL OSI United Kingdom –
February 6, 2025

Contact:		CoreCard Corporation
		Matthew A. White, Chief Financial Officer
		770-564-5504
		matt@corecard.com

Category: Machine Learning

NEWS RELEASE – Proof-of-Concept Study Report Completed on Proposed New Oʻahu Community Correctional Center

2025-15 AG NEWS RELEASE – ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

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GROWING IMPORTANCE OF SATELLITE COMMUNICATIONTELECOM TECHNOLOGY DEVELOPMENT FUND SCHEME TO ENABLE AFFORDABLE BROADBAND AND MOBILE SERVICES IN RURAL AND REMOTE AREAS

The importance of collective responses

Developing a wider approach to preventing financial crime

About the sandbox

Conclusion

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GROWING IMPORTANCE OF SATELLITE COMMUNICATION

TELECOM TECHNOLOGY DEVELOPMENT FUND SCHEME TO ENABLE AFFORDABLE BROADBAND AND MOBILE SERVICES IN RURAL AND REMOTE AREAS