NewzIntel.com

Category: Machine Learning

  • MIL-OSI Russia: The number of users of the My ID service has doubled since the beginning of 2024

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Mobile application “My id” is becoming increasingly popular among Muscovites. Since the beginning of this year alone, the number of users has more than doubled. It now exceeds 125 thousand people.

    In the capital Department of Information Technology noted that the demand for the application is growing due to the constant expansion of its capabilities.

    “Since the launch of “My ID”, the number of documents whose information can be viewed in it has increased by 1.5 times. For example, a digital certificate of a large family has become available in the application, which can be presented to confirm the privileged status. At the same time, we continue to improve the already popular services of the application. Thus, recently, pet owners have the opportunity not only to view basic information about their pets, but also to control the timing of vaccinations and treatment, as well as quickly proceed to an appointment at a state veterinary clinic directly from the application,” the press service of the department said.

    With the My ID app, city residents can be sure that the necessary information will always be at hand. Currently, 14 types of documents and services are available in the app, including information on Russian and foreign passports, taxpayer identification numbers, birth certificates, SNILS, and others. This simplifies filling out various applications and online forms, and also allows sending information to trusted persons.

    In addition, the application provides digital versions of some documents, including a compulsory medical insurance policy, a single library card, and a large family certificate. They can be used to obtain various city services. For example, the barcode of the single library card from the application can be presented in the capital’s libraries to borrow and return books, and the QR code of the digital certificate of a large family will allow you to confirm your privileged status, for example, when buying tickets in the capital’s cultural institutions.

    Any registered user of the mos.ru portal can use the application – just log in to the application using your account. In the settings, the user can independently select the documents that he wants to use. The information specified by the user in the personal account or provided when receiving government services will be automatically displayed in the application.

    The mobile application “My id” is developing Department of Information Technology of the City of Moscow together with the State Institution “New Management Technologies”.

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents corresponds to the objectives of the national program “Digital Economy of the Russian Federation” and the regional project of the capital “Digital Public Administration”. More information about this and other national projects implemented in Moscow can be found Here.

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

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

    https://vvv.mos.ru/nevs/item/145916073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Thanks to the service on mos.ru, large families can receive compensation for the purchase of school uniforms

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Moscow families with many children receive annual compensation for the cost of purchasing school uniforms for more than 340 thousand children. In total, there are over 200 thousand families with many children in the capital. Digital city services are provided for them, which make life easier and allow them to spend as much time as possible with their children.

    The annual compensation payment for the 2024/2025 academic year, which parents can receive for the purchase of a school uniform, was made in May of this year. The service is provided to children aged six to 16 years old if the large family has a valid preferential status.

    “We see a steady increase in the number of users of this service every year — about 30 thousand new applications. Already about 340 thousand children receive compensation. At the same time, the peak of initial applications from year to year falls at the beginning of the school year — September and October. It is enough to submit an application for the service once, then the payment will be assigned automatically, and the information will be verified online. This procedure for receiving is especially convenient for parents with many children, because digitalization frees them from the need to fill out documents on time every year and allows them to spend time on leisure with their family,” she noted.

    Elena Shinkaruk, Chairman of the Committee for State Services of the City of Moscow.

    A parent of a large family in which a child will go to first grade in the new school year, as well as in which children after 16 years of age will continue their education in educational institutions, can apply for payment starting from September 1 annual compensation. To do this, you need to submit an application on the mos.ru portal. It is required for families that became large after May of this year, as well as for families in which children went to school before reaching the age of six or in which children over 16 continue their education at school or college. For families that became large, it is enough to submit an application once.

    “To submit an application, you will need the passport details of both parents indicating their registration at their place of residence in Moscow, and the child’s birth certificate. Information about the child’s education in an educational institution will be received by the Social Treasury, which makes the payment, as a result of interdepartmental interaction,” she specified.

    Ekaterina Logacheva, Deputy Head of the Department of Labor and Social Protection of the Population of the City of Moscow.

    If the child is studying in a private or federal educational institution, a certificate must be provided.

    GetThe status of a large family can only be obtained on the mos.ru portal since November 2020. In case of a positive decision, a notification of assignment (extension) of the preferential status is sent to the applicant in his personal account.

    As noted in the capital Department of Information Technology, a certificate of a large family for Muscovites is available in digital format. The electronic document is equivalent to a paper one and contains a unique QR code, information about all members of the large family and the validity period of the benefit. All Muscovites with the status of a large family automatically receive a certificate in their personal account on the mos.ru portal. It can be downloaded to your smartphone as a pdf file. The document can also be used using the city mobile application “My id”.

    The digitalization of the above services and services for large families is the result of joint work Committee of State Services of Moscow, capital Department of Labor and Social Protection of the Population and the Department of Information Technology.

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents is in line with the objectives of the national program “Digital Economy of the Russian Federation” and the Moscow regional project “Digital Public Administration”. More information about the national projects implemented in the capital can be found Here.

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

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

    https://vvv.mos.ru/nevs/item/145904073/

    MIL OSI Russia News –

  • MIL-OSI Europe: Telegram of the Holy Father on the death of His Eminence Cardinal Renato Raffaele Martino

    Source: The Holy See

    Telegram of the Holy Father on the death of His Eminence Cardinal Renato Raffaele Martino, 29.10.2024

    The following is the telegram of condolence on the death on Monday 28 October 2024 of His Eminence Cardinal Renato Raffaele Martino, protodeacon of San Francesco di Paola ai Monti, president emeritus of the Pontifical Council for Justice and Peace and president emeritus of the Pontifical Council for the Pastoral Care of Migrants and Itinerant Peoples, sent by the Holy Father Francis to the late Cardinal’s brother, Marcello Martino:

    Telegram of the Holy Father
    MR. MARCELLO MARTINO00012 GUIDONIA MONTECELIO
    ON LEARNING OF THE NEWS OF THE DEATH OF YOUR BROTHER, CARDINAL RENATO RAFFAELE MARTINO, I WISH TO EXPRESS MY CONDOLENCES TO YOU, TO ALL HIS FAMILY AND TO THE ARCHDIOCESE OF SALERNO-CAMPAGNA-ACERNO OF WHICH HE WAS A RESPECTED PRESBYTER. AS I REMEMBER THIS ZEALOUS PASTOR WHO SERVED THE GOSPEL AND THE CHURCH, I THINK WITH GRATITUDE OF HIS LONG AND DILIGENT COLLABORATION WITH MY PREDECESSORS AS APOSTOLIC NUNCIO TO A NUMBER OF ASIAN COUNTRIES AND ESPECIALLY TO THE UNITED NATIONS ORGANIZATION, WHERE HE SPARED NO ENERGY TO BEAR WITNESS TO THE POPE’S PATERNAL CONCERN FOR THE FATE OF HUMANITY, AND FINALLY AS PRESIDENT OF THE PONTIFICAL COUNCIL FOR JUSTICE AND PEACE. IN THE VARIOUS ROLES ENTRUSTED TO HIM, HE WORKED WITH GREAT DYNAMISM FOR THE GOOD OF PEOPLES, CONSTANTLY PROMOTING DIALOGUE AND CONCORD. I ASK THE LORD TO WELCOME THIS FAITHFUL SERVANT OF HIS TO THE HEAVENLY JERUSALEM AND FROM MY HEART I IMPART MY BLESSING TO THOSE WHO MOURN HIS DEPARTURE, WITH A GRATEFUL THOUGHT FOR THOSE WHO CARED FOR HIM.
    FRANCIS

    MIL OSI Europe News –

  • MIL-OSI: Mavenir Welcomes O-RAN ALLIANCE Report for Spectrum Aggregation in Multi-Vendor Deployments

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Oct. 29, 2024 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, today welcomes the publication of a new Technical Report by the O-RAN ALLIANCE, ‘Spectrum Aggregation for Multi-Vendor Deployments’, that evaluates multiple spectrum aggregation techniques and proposes an open interface specification support between DUs for carrier aggregation in multi-vendor deployments.

    The O-RAN ALLIANCE report – which was initiated and led by Mavenir – sets out the practical scenarios for spectrum aggregation across equipment from multiple network equipment vendors comparing different approaches and includes a recommendation for specification development for carrier aggregation in multi-vendor RAN deployment. The carrier aggregation solution using an open interface between DUs has gathered significant support from operators and vendors to pursue specification development within the O-RAN ALLIANCE.

    Commenting on the report, Dr. Sridhar Rajagopal, Senior Vice President, Access Technologies for Mavenir and rapporteur for the technical report, said: “This report from the O-RAN ALLIANCE, with its welcome set of recommendations on multi-vendor carrier aggregation, could not come at a more pivotal time for Open RAN as spectrum discussions continue for expanding 5G deployments and with 6G on the horizon. Standardizing the interface between DUs for multi-vendor carrier aggregation will remove single vendor stickiness and will be a game changer for Open RAN.”

    Carrier aggregation across available spectrum is one of the key considerations by operators to maximize bandwidth, boost throughput, and improve network performance. An operator obtains new spectrum during regulatory spectrum sale over time. In such a situation, there is a strong desire by the operator to combine the new spectrum with their existing spectrum using carrier aggregation.

    However, there is no open standardized interface that exists today for carrier aggregation between two vendors, creating vendor stickiness to operators for all future spectrum expansions. Thus, operators are forced to rely on their incumbents for spectrum expansion, losing negotiating power and control over network evolution while becoming dependent on features, performance and timelines as dictated by their incumbents. Proprietary interfaces for carrier aggregation have existed since LTE days for carrier aggregation in deployments and are well understood for implementations. While an open interface for carrier aggregation has been proposed multiple times in standard bodies such as 3GPP by many operators, it has not been successful due to resistance from traditional vendors. An open specification for multi-vendor carrier aggregation support will open-up the 5G eco-system further and provide a pathway for new low latency features and services for 6G by enabling real-time communication between DUs that does not exist today.

    Notes to the editor:

    Technical Report by the O-RAN ALLIANCE, ‘Spectrum Aggregation for Multi-Vendor Deployments’, is now available for download: https://specifications.o-ran.org/download?id=715

    About Mavenir

    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

    Media Contacts

    Mavenir PR Contacts:
    Emmanuela Spiteri
    PR@mavenir.com

    The MIL Network –

  • MIL-OSI: Climb Channel Solutions Launches North American Partnership with Cybersecurity Vendor Fortra

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB), announced a North American partnership with Fortra.

    Fortra provides trusted cybersecurity solutions that span every part of the cyber-attack chain, from detection to response. Through this partnership, Climb North American VARs and MSPs have access to Fortra’s entire portfolio, which includes solutions covering digital risk and email protection, managed file transfer, data protection, infrastructure protection, managed security services, security awareness training, and automation.

    “Fortra is on a mission to help as many organizations as possible increase their security maturity and decrease operational burden,” said Matt Reck, President at Fortra. “With their strong channel expertise and exceptional operational practices, we believe Climb is the perfect North American partner to help us on this journey.”         

    The Fortra platform will enable partners to unify their cybersecurity stack into one platform. With Fortra’s platform, users are able to:

    • Detect various attacks with a broad-spectrum defense and multi-vector approach
    • Aggregate data to analyze your IT environment
    • Utilize AI to track events and correlate patterns to threats, allowing for improved speed to detection
    • Mitigate detected threats more quickly and efficiently with accurate response

    “The addition of Fortra and their comprehensive portfolio of cybersecurity focused products enables North American partners to provide the security solutions that have a strong line of defense,” said Dale Foster, CEO of Climb Channel Solutions. “VARs and MSPs alike will benefit from Fortra’s integration capabilities that will help them consolidate their security stack.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About Fortra  
    Fortra is a cybersecurity company like no other. We’re creating a simpler, stronger future for our customers. Our trusted experts and portfolio of integrated, scalable solutions bring balance and control to organizations around the world. We’re the positive changemakers and your relentless ally to provide peace of mind through every step of your cybersecurity journey. Learn more about Fortra.  

    Copyright © Fortra, LLC and its group of companies. Fortra™, the Fortra™ logos, and other identified marks are proprietary trademarks of Fortra, LLC.   

    Media Contact:  
    Jessica Ryan    
    Public Relations Manager  
    Jessica.Ryan@fortra.com

    The MIL Network –

  • MIL-OSI: Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario and BROSSARD, Québec, Oct. 29, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a global leader in vertically integrated Bitcoin data center operations, today announced that it has nominated Andrew J. Chang for election to its Board of Directors (the “Board”) at the Special Meeting of shareholders to be held on November 20, 2024 at 4:00p.m. Eastern Time (the “Special Meeting”).

    Bitfarms Special Meeting of Shareholders
    Pursuant to the Settlement Agreement between the Company and Riot Platforms, Inc. dated September 23, 2024, at the Special Meeting, shareholders will be asked to approve an expansion of the Board from five members to six members, to elect an independent director nominated by the Board to serve as the sixth member of the Board, to ratify the Company’s shareholder rights plan adopted on July 24, 2024, and to conduct such other business as may properly come before the Special Meeting.

    Shareholders and guests can access the virtual meeting using this link. Additional information regarding the Special Meeting, including how to vote, is available via the proxy materials disseminated to shareholders by Bitfarms and as filed on SEDAR+ at http://www.sedarplus.ca and on EDGAR at http://www.sec.gov/EDGAR.

    Nomination of Andrew J. Chang to Bitfarms Board of Directors
    Bitfarms’ Governance and Nominating Committee conducted a thorough director search process and held interviews with several qualified candidates, and, along with the Board, unanimously supports the nomination of Andrew J. Chang for election at the Special Meeting.

    Mr. Chang is a 20-year veteran of the technology industry with experience as an investor, operating executive, entrepreneur, and advisor. He was a founding partner of Liberty City Ventures, a leading venture capital fund. Mr. Chang also served as Chief Operating Officer of Paxos, a blockchain infrastructure platform that has powered solutions for PayPal, Stripe, and more. At Paxos, he helped grow the team from 8 to 190 employees and launched the first regulated blockchain focused trust company and the first regulated stablecoin in the U.S. During that time, Paxos raised $500M in capital and its most recent valuation is $2.4 billion.

    Before joining Paxos, Andrew served as a Lead Strategic Partner Development Manager at Google, working in business development for display ad products. Prior to that, he was the Chief Operating Officer of ConditionOne and an associate at TechStars (New York). He also has experience managing innovation in research, analytics and digital media at WPP PLC-owned Kantar Video and at 360i, a digital marketing agency. 

    Andrew earned his MBA from New York University’s Leonard N. Stern School of Business, where he was President of the student body, and a BS from Boston College.

    Brian Howlett, Independent Chairman of the Board, said, “The Bitfarms Board is committed to strong corporate governance and recognizes that a diverse set of skills is required to effectively oversee the execution of the Company’s strategic initiatives. Andrew is an impressive technology industry veteran whose experience and knowledge is highly complementary to that of our current Board. We believe he will be instrumental as we execute our aggressive growth plan, and we look forward to leveraging his expertise to maximize value for Bitfarms shareholders.”

    About Bitfarms Ltd.

    Founded in 2017, Bitfarms is a global vertically integrated Bitcoin data center company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated data centers with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime.

    Bitfarms currently has 12 operating Bitcoin data centers and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    https://twitter.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding holding the Special Meeting and the timing thereof, and the matters to be put before the Company’s shareholders at the Special Meeting are forward-looking information.

    Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the MD&A for the year-ended December 31, 2023, filed on March 7, 2024 and the MD&A for the three and six months ended June 30, 2024 filed on August 8, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contact:

    Bitfarms
    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contact:

    Québec: Tact
    Louis-Martin Leclerc
    +1 418-693-2425
    lmleclerc@tactconseil.ca

    The MIL Network –

  • MIL-OSI: Will 2025 See Lower Salary Increases? Salary.com Releases Latest National Salary Budget Survey

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) — Salary.com, a leading provider of compensation market data and software, shared the results of its annual National Salary Budget Survey. Now in its 14th year, the survey collected responses from over 1,000 human resource professionals across 20 industries in the U.S. and Canada to see how companies are planning salary increases.

    This year’s survey found that the median salary increase stayed at 4 percent, but average increases dropped from 4.3 percent to 3.9 percent.

    Salary.com says this drop is because fewer companies are giving higher raises. The number of companies giving raises between 5 and 6.9 percent fell from 25 percent to 14 percent. This trend could be linked to lower inflation and stable unemployment after the economic instability caused by the pandemic and the Great Resignation. The survey also showed a return to typical salary increases of 3 to 3.9 percent, as reported by 38 percent of respondents in 2024, compared to 25 percent in 2023. Expectations for 2025 are similar to 2024.

    “Last year, we noted that salary increases might be at a peak, even with 4 percent becoming the norm. While 4 percent remained the median in 2024, further analysis suggests a shift is happening,” said Andy Miller, Vice President, Compensation Consulting at Salary.com. “This is important for HR and compensation teams as they plan budgets for next year, considering factors like industry, location and work arrangements.”

    The 2024-2025 National Salary Budget Survey also showed:

    • Geographically, the Northeast U.S. had the lowest salary increases, while the West Coast had the highest. The Northeast averaged 3.6 percent, compared to the national average of 3.9 percent. New York City (3.7%) and Boston (3.3%) had lower increases compared to San Francisco (4%) and Seattle (4.3%).
    • Regarding industries, Construction (4.2 percent) and Education, Government & Non-Profit (4.3 percent) had the largest increases. Hospitality (3.4 percent) and Transportation (3.6 percent) had smaller increases. Hospitality continues to adjust to local and regional minimum wage changes while recovering from the pandemic.
    • Defining pay for remote employees is still a challenge. The most common approach in 2024 was to set pay based on the employee’s primary residence (29 percent). Other methods included using a national pay rate (24 percent), regional pay rates (14 percent), or the closest employer location (12 percent). About 14 percent of respondents did not have remote employees.

    Miller added, “In 2024, many organizations experienced a level-set moment. Some sectors and regions saw increases, while others saw decreases, matching changes in labor markets, new laws, and evolving situations. Staying on top of these trends is key to good planning.”

    To buy a copy of Salary.com’s 2024-2025 National Salary Budget Survey, visit https://store.salary.com/national-salary-budget-survey.

    About Salary.com
    Salary.com has been helping organizations with human capital needs for over 20 years. The company leads the industry in compensation data, software, and services. More than 30,000 organizations in 22 countries use Salary.com’s solutions to hire and keep talent and compete in a changing world.

    Salary.com provides over 10 billion data points across more than 225 industries using a proprietary AI framework to ensure fair pay. The company’s main product, CompAnalyst®, helps organizations simplify hiring, reduce guesswork, and increase retention. Employee trust depends on fair pay, and Salary.com helps get it right. Please visit www.salary.com/business.

    The MIL Network –

  • MIL-OSI: Territorial Reaffirms Board of Directors Recommendation that Territorial Shareholders Vote “FOR” Hope Bancorp Merger

    Source: GlobeNewswire (MIL-OSI)

    HONOLULU, Oct. 29, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) today announced that the Company’s Board of Directors has reaffirmed its recommendation that Territorial shareholders vote “FOR” the merger with Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE) at the November 6, 2024, Special Meeting of Stockholders.

    On October 25, 2024, Territorial received additional information from Blue Hill Advisors (“Blue Hill”) with respect to its preliminary indication of interest to acquire the Company.

    Territorial’s Board of Directors (the “Territorial Board”), with the assistance of its legal and financial advisors, over the course of several meetings, carefully reviewed this information in accordance with its fiduciary duties, its commitment to serving the best interests of all Territorial shareholders and its obligations under Territorial’s merger agreement with Hope Bancorp.

    Specifically, the Territorial Board reviewed information provided by Blue Hill, recently and previously, to ascertain whether Blue Hill has provided sufficient verifiable and objective information to justify a Territorial Board determination that Blue Hill’s preliminary indication of interest is reasonably likely to lead to a Superior Proposal as defined by Territorial’s merger agreement with Hope Bancorp. The Territorial Board has also considered whether it would be a breach of its fiduciary duty not to enter into a confidentiality agreement or otherwise engage with Blue Hill based on the information provided by Blue Hill to date. The Territorial Board concluded that the totality of the information provided by Blue Hill does not provide a sufficient basis for a finding that both: (i) the Blue Hill preliminary indication of interest is reasonably likely to lead to a Superior Proposal under the terms and conditions required by the merger agreement; and (ii) a failure to enter into a confidentiality agreement or otherwise negotiate with Blue Hill would be more likely than not to result in a violation of its fiduciary duties under applicable law. Accordingly, the Territorial Board concluded that Territorial may not engage with Blue Hill under the terms and conditions of the Hope Bancorp merger agreement and that it continues to support the merger with Hope Bancorp.

    In reaching this conclusion, the Territorial Board considered, among other things:

    • the all-stock nature of the strategic merger with Hope Bancorp and the benefits the combination with Hope Bancorp will have for shareholders as compared to a cash-out transaction, including the comparison of Hope Bancorp’s liquid, dividend-paying stock to what would be the Blue Hill-controlled Territorial stock, which would be expected to be a relatively more illiquid investment that would likely not pay a dividend for a prolonged period of time;
    • continued questions regarding the conditional nature of the financing of the transaction by the Blue Hill investors, despite Territorial’s repeated statements with respect to this deficiency for several weeks;
    • Blue Hill’s failure to address in a reasoned manner how the Blue Hill investor group would overcome the likely regulatory approval hurdles. In contrast, Hope Bancorp is well known by bank regulators and its approval process is well underway;
    • Blue Hill’s failure to address the impact of the expected changes in regulatory capital and the Company’s business plan, all of which should be expected to be considered as part of any regulatory approval process – despite Blue Hill’s claims that regulatory approvals will be less complicated than the Hope Bancorp approvals;
    • Blue Hill’s failure to realistically address transaction timing considerations, particularly including timing related to the application and regulatory approval process, in contrast to the expected timing of the Hope Bancorp merger approvals and expected timing of the closing of the Hope Bancorp merger;
    • the overall execution risk associated with the Blue Hill preliminary indication of interest, including the necessary steps and approvals required to conduct a recapitalization, a tender offer and negotiations with multiple Blue Hill investors versus Hope Bancorp’s standard merger transaction where all required applications are currently being processed;
    • Blue Hill’s failure to identify the expected key management team members that would manage the revised Company if acquired by Blue Hill. These individuals will be required to be identified to, and vetted by, the banking regulators before any approvals could be obtained;   
    • Blue Hill’s failure to identify all expected directors of the newly-reconstituted Board that would govern Territorial if acquired by Blue Hill, as these individuals will also be required to be identified to, and vetted by, the banking regulators before any approvals could be obtained;
    • Blue Hill’s failure to specify how it would address any limitations established by or approvals that may be required from the banking regulators to pay any termination fee or conduct a tender offer, which would be an outflow of capital that would require regulatory approval; and
    • Blue Hill’s failure to substantiate its projected financial results for Territorial on a stand-alone basis, which Blue Hill has asserted as part of the rationale for its proposed acquisition and which represent a risk for existing shareholders who continue as shareholders if the Blue Hill proposal is completed.

    The Territorial Board continues to recommend that shareholders vote “FOR” the Hope Bancorp merger. For more information, visit the Company’s website at https://www.territorialandhopecombination.com.

    Territorial Shareholders are Urged to Vote “FOR” the Hope Bancorp Merger Ahead of the
    Special Meeting on November 6, 2024 at 8:30 a.m. HST.

    Voting is quick and easy.

    Call toll-free:
    (888) 742-1305
    Banks and brokers should call:
    (516) 933-3100
    Email: info@laurelhill.com
    Electronically: www.proxyvote.com
     

    About Us

    Territorial Bancorp Inc., headquartered in Honolulu, Hawaiʻi, is the stock holding company for Territorial Savings Bank. Territorial Savings Bank is a state-chartered savings bank which was originally chartered in 1921 by the Territory of Hawaiʻi. Territorial Savings Bank conducts business from its headquarters in Honolulu, Hawaiʻi, and has 28 branch offices in the state of Hawaiʻi. For additional information, please visit https://www.tsbhawaii.bank/.

    Additional Information about the Hope Merger and Where to Find It

    In connection with the proposed Hope Merger, Hope has filed with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4, containing the Proxy Prospectus, which has been mailed or otherwise delivered to Territorial’s stockholders on or about August 29, 2024, as supplemented September 12, 2024. Hope and Territorial may file additional relevant materials with the SEC. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR FURNISHED OR WILL BE FILED OR FURNISHED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. You may obtain any of the documents filed with or furnished to the SEC by Hope or Territorial at no cost from the SEC’s website at www.sec.gov.

    Forward-Looking Statements

    Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” or similar expressions. With respect to any such forward-looking statements, Territorial Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. The closing of the proposed transaction is subject to regulatory approvals, the approval of Territorial Bancorp stockholders, and other customary closing conditions. There is no assurance that such conditions will be met or that the proposed merger will be consummated within the expected time frame, or at all. If the transaction is consummated, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees and customers, may be greater than expected; and required governmental approvals of the merger may not be obtained on its proposed terms and schedule, or without regulatory constraints that may limit growth. Other risks and uncertainties include, but are not limited to: possible further deterioration in economic conditions in Hope Bancorp’s or Territorial Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s or Territorial Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp or Territorial Bancorp; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of either or both parties to the proposed transaction; and diversion of management’s attention from ongoing business operations and opportunities. For additional information concerning these and other risk factors, see Hope Bancorp’s and Territorial Bancorp’s most recent Annual Reports on Form 10-K. Hope Bancorp and Territorial Bancorp do not undertake, and specifically disclaim any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.

    Investor / Media Contacts:
    Walter Ida
    SVP, Director of Investor Relations
    808-946-1400
    walter.ida@territorialsavings.net

    The MIL Network –

  • MIL-OSI United Kingdom: Council seeks local views to improve South Quay Shed

    Source: City of Canterbury

    Home  »  Latest News   »   Council seeks local views to improve South Quay Shed

    Residents, businesses and visitors are being asked to have their say on how to improve South Quay Shed in Whitstable Harbour.

    An online survey has been launched this week by Canterbury Council to find out why people visit the popular destination and what they think of the current food and retail offer, atmosphere, events and pricing.

    It will also ask about improvements to the space and how it can become more attractive to residents and visitors alike.

    The results of the short questionnaire will help inform future plans for the Shed which opened in 2022 as a community event, retail and leisure space with affordable rental units supporting local, creative start-up businesses and food outlets.

    Since opening, it has become home to a wide selection of local businesses and hit national headlines when the Shed’s HatsHats Coffee launched a pop-up shop run by pupils with profound and multiple learning disabilities from St Nicholas School in Canterbury.

    Cllr Chris Cornell, Chair of the Whitstable Harbour Board and Cabinet Member for Economic Development and Inclusion and Coastal Towns Champion, said: “We are committed to making sure the harbour remains a vibrant and thriving home for our communities – and South Quay Shed has a vital role in supporting these ambitions.

    “After three successful seasons, we want to know what people think about it. Do they visit it often? If not, why not? And how can we make it better?”

    The survey follows a consultation by Whitstable Harbour Board and the council about their strategic plans for the harbour over the next decade.

    Feedback from this consultation, which ended in January this year, showed huge support for a commercial working harbour and development plans focused on a reduced carbon footprint and increased accessibility.

    Complete the survey online by Friday 29 November 2024.

    Published: 29 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New funding aims to boost business innovation and deliver positive change for local communities

    Source: City of Leeds

    New funding is on offer for projects that will help local business innovators make a positive difference to life in Leeds.

    Leeds City Council’s Innovation@Leeds programme has up to £175,000 available for distribution in the form of individual grants ranging from £15,000 to £25,000.

    The grants are intended to fund knowledge-sharing projects that will – through the provision of advice, guidance, mentoring or training – encourage world-class innovative thinking and activity by the city’s businesses.

    This in turn, it is hoped, will enable them to deliver cutting-edge products, processes and services that make Leeds a healthier, greener and more inclusive place to live.

    The exact nature of the projects will depend on the proposals submitted by grant applicants, who are being asked to show how their idea can achieve at least one of three main aims. These are:

    • Boosting the capabilities of innovative businesses already operating in fields such as artificial intelligence or financial, health and legal technology;
    • Supporting people from diverse backgrounds who want to launch their own innovation-led businesses;
    • Raising the profile of Leeds as a centre for innovation and showcasing its strengths to outside investors.

    To be considered for a grant to set up and run a project, applicants must be a Leeds-registered small business or microbusiness.

    They should also be able to demonstrate a proven track record in providing development support for innovation-led businesses.

    Councillor Jonathan Pryor, Leeds City Council’s deputy leader and executive member for economy, transport and sustainable development, said:

    “We know Leeds is a city bursting with ideas and inspiration, and we are keen to do whatever we can to ensure local residents realise their full potential.

    “We’re also committed to helping innovative businesses and aspiring entrepreneurs find solutions and ways of working that will have a positive impact on our communities.

    “The new grants will support both of those ambitions – and underline the power of collaboration – by giving innovators access to top-quality knowledge-sharing opportunities.

    “I’d encourage as many eligible small businesses and microbusinesses as possible to apply for a grant, and look forward to seeing the results achieved by the successful projects.”

    Innovation@Leeds was launched by the council in 2021 to ensure that people from all backgrounds have the means to make the most of their talents in fields such as digital and other emerging technologies.

    The programme’s latest grants are being funded through central government’s UK Shared Prosperity Fund, which is administered locally by the West Yorkshire Combined Authority.

    The award of the grants will align with a city-wide vision – co-created by the council with key local partners – for stimulating innovation in a way that has a positive social impact.

    One crucial aspect of that vision is the further development and transformation of the Leeds Innovation Arc, an area on the west side of the city centre that is home to globally-renowned educational, health and cultural establishments as well as an array of start-ups, scale-ups and major businesses.

    For more information about the Innovation@Leeds grants, click here. Applications can be made until November 21, while the projects that secure funding must be delivered by March 28 next year.

    ENDS

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Record, Transcribe and Translate: Effortless Festivities with Note Assist on the Galaxy S24 Ultra

    Source: Samsung

    This Diwali, the Galaxy S24 Ultra is taking ease and efficiency to new heights with the Galaxy AI-powered Note Assist feature, designed to empower users to capture, organize, and share moments with unmatched simplicity.
     
    Now you can seamlessly navigate the hustle of festive gatherings, using Note Assist as a trusted partner. With just a tap, you can record heartfelt conversations, transcribe important details, and translate messages for loved ones who speak different languages. Note Assist brings to you a true celebration of effortless connections.
     
    It ensures that every moment is preserved, shared, and understood with ease.
     
    Watch more to see how Note Assist transforms every interaction:
     

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: US tech investment curbs rejected

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government today rejected a US measure restricting investment in China, including the Hong Kong SAR, on semiconductors and microelectronics, quantum information technologies, and artificial intelligence systems.

    In a statement this evening, the Hong Kong SAR Government expressed strong objection to the US for intentionally targeting China and the Hong Kong SAR using various excuses out of political interests, causing damage to normal trade and investment activities as well as severely undermining the principles of a free market and economic order.

    The US will ultimately reap the consequences, in particular the impact on the trade surplus it has realised in bilateral trade with Hong Kong throughout the years, the statement added.

    It pointed out that in 2023, the US was Hong Kong’s third-largest trading partner, with the total merchandise trade value amounting to HK$472.2 billion or US$60.3 billion.

    Meanwhile, Hong Kong is the 27th largest trading partner of the US. As at end 2022, the US ranked sixth in inward direct investment (IDI) into Hong Kong, with an IDI stock of HK$351.4 billion, or US$45 billion.

    The US was placed eighth in outward direct investment (ODI) from Hong Kong, with an ODI stock of HK$164.2 billion, or US$21 billion.

    In addition, the US has realised a trade surplus of US$271.5 billion with Hong Kong during the past 10 years, the largest among its global trading partners.

    These figures demonstrate the close economic interaction between Hong Kong and the US, as well as the vast business interests of US businesses in Hong Kong, the Hong Kong SAR Government noted.

    It said US politicians once again have shown that they have acted out of their own political interests, causing damage to normal trade and investment, the free market and economic order.

    The so-called restriction not only causes damage to normal business activities between Hong Kong and the US, but also affects the stability of the global supply chain.

    Such a restriction, which would also harm US enterprises, as well as their business interests, and adversely impact bilateral economic activities, was politically driven and in nobody’s interest, it added.

    The Hong Kong SAR Government reiterated that it would work with our country to safeguard our national interests and protect the interests of Hong Kong enterprises.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Bybit Card Expands Into New Regions, Offering Seamless and Rewarding International Crypto Payments

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 29, 2024 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, elevates off-ramp experiences for crypto users in more regions with the Bybit Card. Officially open for registration for new users in select regions, the Bybit Card marks another step forward in the company’s mission to enable digital asset investors worldwide to access, hold and spend their cryptocurrencies with ease and confidence.

    In collaboration with S1LKPAY, principal member of Mastercard’s payment network and a provider of Banking-as-a-Service (BaaS) and Card-as-a-Service (CaaS), the Bybit Card is now accepting applications from customers of Bybit Limited, the entity regulated by the Astana Financial Services Authority (AFSA). Having obtained the full license in Sep., this is the first time Bybit Limited (AFSA) issued a prepaid card for international customers. 

    To celebrate the launch, eligible users who successfully register for the campaign will receive 10% cashback up to 600 USD for a limited time only. The Bybit Card simplifies the integration of crypto into everyday spending by offering users the ability to make payments in multiple currencies wherever Mastercard is accepted worldwide.

    The Bybit Card has been mapping out new markets globally throughout 2024, now serving customers in multiple markets across four continents.

    “Bybit is dedicated to bridging the gap between our customers’ digital assets and their real-world needs. As the Bybit Card continues to gain traction, it is being recognized as a trusted and easy-to-use crypto payment solution. We’re excited to welcome more users to the future of crypto and are committed to delivering more rewards and features in the near future,” said Joan Han, Sales and Marketing Director at Bybit. “SILKPAY is the first in the region to bring cutting-edge digital asset payment technology to market. Our partnership with Bybit brings together complementary strengths, enabling us to deliver more secure, seamless, and faster transactions through the Bybit Card. Together, we are setting a new standard for innovation and inclusion in the region’s financial landscape,” said Gani Uzbekov, Founder and CEO of SILKPAY.

    Key Features of the Bybit Card

    • Free virtual card: Zero fees for the virtual Bybit Card
    • No hidden charges: No annual or monthly fees
    • Attractive rewards: Up to $600 USD in rewards during the promotional period with 10% cashback, followed by 2-10% rebates and up to 8% APY
    • Instant access: Virtual card available immediately for use
    • Wide range of digital assets: The Bybit Card supports USDT, BTC, ETH, and more.

    Users can read more about how to qualify for the rewards: Bybit Card – 10% Cashback and Card Bonuses (Selected International Users Only)

    #Bybit / #TheCryptoArk

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, users can visit: Bybit Press 

    For media inquiries, users can contact: media@bybit.com

    For more information, users can visit: https://www.bybit.com

    For updates, users can follow: Bybit’s Communities and Social Media

    Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    About Mastercard

    Mastercard is a global technology company in the payments industry. Their mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, their innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Mastercard decency quotient, or DQ, drives our culture and everything they do inside and outside of their company. With connections across more than 210 countries and territories, they are building a sustainable world that unlocks priceless possibilities for all.

    Mastercard press office in Kazakhstan

    Tel: +7 (727) 264 67 37

    mastercard@pressclub.kz

    Contact

    Head of PR

    Tony Au

    Bybit

    tony.au@bybit.com

    The MIL Network –

  • MIL-OSI: Locus Unveils Refrigerant Management Software Aligned with the EPA’s Final Rule on Hydrofluorocarbon Phasedown

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) — Locus Technologies the sustainability and Environmental Health and Safety (EHS) compliance software leader, today announced the release of Locus Refrigerant Management software, the cloud-based, mobile-friendly product that generates exceedance alerts, facilitates leak detection, and automates response protocols in addition to providing comprehensive tracking of fluorinated greenhouse gases (F-gases), chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), and substitutes like hydrofluorocarbons (HFCs). The software empowers companies to manage complex refrigerant phasedowns with accuracy and confidence, ultimately avoiding excessive emissions. The software also positions Locus clients to comply with tougher US federal regulations taking effect 14 months from now and to easily adapt as US and EU rules evolve in the future.

    On September 20, 2024, EPA Administrator, Michael S. Regan, signed the final rule Phasedown of Hydrofluorocarbons: Management of Certain Hydrofluorocarbons and Substitutes under of the American Innovation and Manufacturing (AIM) Act which indicates tougher requirements will be phased in starting January 1, 2026. Refrigerants are the most potent of greenhouse gases, with some varieties having a global warming potential hundreds and even thousands of times greater than CO2. Even small leaks pack a big punch on the environment, which is why stricter regulations are emerging.

    “These next 12 months will be critical for companies to articulate their refrigerant management plans, train their technicians, and adopt technology that will help them avoid costly errors and get this right,” said Mark Harbin, veteran refrigerant compliance expert and Locus product designer. “Locus is pleased to bring to market refrigerant management software as well as refrigerant management training and certification to help each client manage the phase down and transition successfully.”

    Immediate regulatory priorities include detecting leaks and resolving them within mandated timeframes; comprehensive record keeping of equipment, inspections, refrigerant inventories, and rates of use; and meticulously disposing and reclaiming used refrigerants. Locus Refrigerant Management software simplifies these challenges. Locus manages everything from service records to cylinder barcodes and automatically alerts users when any dates or datapoints are out of compliance. Immediate notifications and dynamic dashboards deliver real-time insights, and the software’s fully configurable components flex to future demands.

    “Refrigeration and air conditioning cause up to 10 percent of global carbon emissions, and the leaks alone produce more carbon than all the air travel worldwide, which is why waiting on periodic reports pulled from static refrigerant databases just won’t cut it,” said Wes Hawthorne, President of Locus Technologies. “Locus software enables clients to act quickly; the software immediately alerts users of potential problems with their equipment so that issues can be resolved before becoming disastrous.”

    Locus Refrigerant Management is one of several integrated applications available in Locus software. Other Locus offerings include EHS risk and compliance, sustainable construction, waste management, water quality, incident management, ESG reporting, and robust environmental data management software. This collection of specialized and unified SaaS applications enables clients to manage every facet of refrigerant management and environmental data in one place. To learn more about Locus Refrigerant Management or the full suite of applications, please visit www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit www.locustec.com or email info@locustec.com.

    The MIL Network –

  • MIL-OSI: Mattermost Wins “Overall Incident Response Solution of the Year” in 2024 Cybersecurity Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) — Mattermost, Inc., a leader in delivering the secure, real-time collaboration and workflow tools that modern defense, security, and intelligence teams need to maintain command, control, and operational tempo, today announced that it has won the “Overall Incident Response Solution of the Year” award in the eighth annual Cybersecurity Breakthrough Awards.

    The Cybersecurity Breakthrough Awards are one of the cybersecurity industry’s most comprehensive programs dedicated to recognizing the world’s best information security companies, products, and people. Mattermost’s win signifies the efficacy of its cybersecurity incident response playbooks, as the solution was weighed against thousands of global entries for its innovation, functionality, ease of use, performance, value, and impact.

    Today, it takes an average of 277 days to identify and contain a single attack, according to research from IBM and Ponemon Institute, resulting in costly, unexpected downtime, reputational damage, and potential compliance implications. To address these hurdles, Mattermost offers customizable digital Playbooks that document workflows and individual roles and responsibilities, and support real-time, out-of-band collaboration.

    Activating the moment an incident is detected, Playbooks alert designated teams across IT, security, legal, communications, and other business units via a secure channel with persona-based access controls. The Playbooks checklist-based automation is valuable in a variety of proactive and reactive incident response use cases such as managing a cyber attack, deploying a patch, issuing reports to customers and regulatory entities, and more. Near-term enhancements to Playbooks will serve to further transform incident response with advanced workflow features to help companies better respond to threats and maintain compliance with industry regulations.

    “Effective incident response is crucial for mitigating the fallout of cyberattacks, especially with the rapid evolution of today’s threat vectors. Response teams must have access to real-time insights and cross-department collaboration to ensure secure, timely resolution,” said Dr. Bill Anderson, principal product manager at Mattermost. “This award is a testament to our team’s unwavering commitment to empowering our customers across the public and private sectors to achieve excellence in cybersecurity.”

    Beyond cybersecurity, Mattermost Playbooks can also support workflows for logistics, DevOps, mission operations, and more by ensuring employees across business functions have access to the right information at the right time. Additionally, the Mattermost operational and collaboration platform’s open source nature aligns with strict security and compliance requirements by delivering complete data sovereignty when hosted on-premises. The Air Mobility Command is one of many customers that relies on the secure, collaborative power of Mattermost Playbooks to coordinate operations in real-time.  

    For more information about how Mattermost can streamline incident response, please visit: https://mattermost.com/solutions/use-cases/out-of-band-incident-response/. 

    About Mattermost

    Mattermost is the leading collaboration and workflow platform for mission-critical work. We serve national security, government, and critical infrastructure enterprises, from the U.S. Department of Defense, to global tech giants, to utilities, banks, and other vital services. We accelerate out-of-band incident response, DevSecOps workflow, mission operations, and self-sovereign collaboration to bolster the focus, adaptability, and resilience of the world’s most important organizations. 

    Our enterprise software and single-tenant SaaS platforms are built to meet the custom needs of rigorous and complex environments while offering a secure and unrivaled collaboration experience across web, desktop, and mobile with channel-based messaging, file sharing, audio calling and screen share, with integrated tooling, workflow automation and AI assistance. 

    Mattermost is developed on an open core platform vetted by the world’s leading security organizations, and co-built with over 4,000 open source project contributors who’ve provided over 30,000 code improvements towards our shared vision of accelerating the world’s mission-critical work. 

    For more information visit mattermost.com. 

    The MIL Network –

  • MIL-OSI: Duck Creek Technologies Announces 2024 Partner of the Year Award Winners

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced the winners of the company’s second annual Partner of the Year Awards. Accenture, Aggne Global, EY, Hexaware, LTIMindtree and Xceedance received Systems Integrator Partners awards, while Quadient and Verisk were named Solution Partners of the Year. 

    The awards recognize the power of partnerships and their role in driving success across the P&C and general insurance ecosystem. This year’s Systems Integrator Award winners include: 

    • Accenture: recognized as the Value Creation Partner of the Year for helping our joint customers recognize value and see efficiencies through innovation. Accenture has consistently delivered high-quality solutions to customers in North America and is expanding into Asia-Pacific and Europe. Accenture has also invested heavily in creating specialized assets including a Duck Creek claims gen AI co-pilot.
    • Aggne Global, a wipro company: received North America’s Systems Integrator Partner of the Year, which recognizes a partner who excels in joint go-to-market and delivering Duck Creek solutions to customers in North America and consistently exceeds delivery adherence standards. Aggne has proven instrumental in driving new sales and quality implementations meeting and exceeding Duck Creek’s best practices, Certified Resources, and overall project health across implementations.
    • EY: named Partner of the Year: Advisory Services for successfully delivering implementation services for customers and providing invaluable regional Insurance Advisory expertise in markets outside of North America. EY continues to bring value to Duck Creek’s customers and prospects around the globe.
    • Hexaware: received the Emerging Partner of the Year, which recognizes an emerging Systems Integrator partner in the Duck Creek ecosystem for exhibiting an eagerness to build their best practices and jointly go-to-market with Duck Creek to serve our global customers. They have been awarded for teaming up with Duck Creek to showcase value in a new geography and partnering to provide local language and implementation support.
    • LTIMindtree: received Partner of the Year: Digital Transformation which recognizes a partner who has excelled in helping Duck Creek customers move to the latest Duck Creek OnDemand solution suite and innovatively addressed common issues around migration and integration. LTIMindtree helped to migrate a variety of Duck Creek customers to the latest platform by introducing those innovative technology solutions.
    • Xceedance: Recognized as International Partner of the Year. This award is given to a partner who excels in joint go-to-market activities, effectively delivers Duck Creek solutions to customers in emerging international markets and exceeds implementation standards. Xceedance has played a valuable role in helping Duck Creek secure a large insurer client in a new territory and has a highly successful implementation record.

    This year’s Solution Partner Award winners include:

    • Quadient: recognized as Go-to-Market Solution Partner of the Year because they excelled in co-marketing with Duck Creek to generate increased demand and brand equity for both parties. They stood out amongst our solution partners for their creative marketing with Duck Creek both at Insurtech Connect 2023 and Formation 2024, driving significant interest amongst prospects, and their consistent presence at international Duck Creek events for three consecutive years.
    • Verisk: awarded Solution Partner of the Year for its impact on integrations. Verisk, a leading global data analytics and technology provider, has the most integrations with Duck Creek of any solution partner. Verisk is one of the longest active solution partners with Duck Creek and continues to be a strong collaborator for innovation and go-to-market strategy across multiple Duck Creek products.

    “Our partner ecosystem is an essential element in enabling Duck Creek to continue to deliver solutions that are reimagining the future of insurance,” said Mike Jackowski, Chief Executive Officer, Duck Creek Technologies. “Together, we are accelerating innovation in the insurance industry by providing top-tier cloud-based solutions paired with exceptional services. We value all our partners and celebrate their contributions and accomplishments.” 

    For more information about these award-winning Duck Creek partners, visit https://www.duckcreek.com/partner/ and these partner websites: 

    Systems Integrator award winners: 

    Accenture 

    Aggne

    EY

    Hexaware 

    LTIMindtree 

    Xceedance

    Solution Partner award winners: 

    Quadient

    Verisk

    About Duck Creek Technologies 

    Duck Creek Technologies is the 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 –

  • MIL-OSI: You Could Get Up to $1,300 the Same Day with an H&R Block Emerald Advance® Loan

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo., Oct. 29, 2024 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) today announced the opening of the 2024 application period for the H&R Block Emerald Advance® Loan1. Applications will be accepted November 1 through December 31, 2024. The Emerald Advance® Loan originated by Pathward® N.A. provides qualifying individuals up to $1,300 the same day they apply. The Emerald Advance® Loan could provide a little extra breathing room to help with holiday shopping, bills, or unexpected expenses.

    “During the holiday season, tight budgets can create additional stress on individuals and families already facing tighter budgets. The Emerald Advance Loan is designed to be simple to apply for and flexible to pay back, for those who need a little extra financial breathing room this time of year,” said John Thompson, Vice President of Financial Services at H&R Block. “By streamlining the application process and eliminating annual fees, the aim is to make it as simple as possible for families to get the assistance they need.”

    The Emerald Advance Loan has no application fee, and checking eligibility won’t impact a customer’s credit. With no monthly payments required, approved customers now have more flexibility to pay what they can, when they can as long as they pay the loan in full by March 31, 2025. There are convenient repayment options, including using a debit card, check, or money order. And for those who file their taxes with H&R Block this upcoming tax season, the loan can conveniently be paid back with their tax refund.

    Anyone can apply for the H&R Block Emerald Advance® Loan during the application period which runs from November 1 through December 31, 2024. To check eligibility and apply, go to HRBlock.com to make an appointment at one of nearly 4,000 participating H&R Block offices. H&R Block associates will gladly assist with the application process. Approved applicants could leave with funds on an Emerald Card®2 or deposited to their Spruce account2.

    To learn more, and make an appointment to apply for Emerald Advance today, visit HRBlock.com

    1H&R Block Emerald Advance® Loan originated by Pathward®, N.A. Subject to eligibility and credit approval. Annual Percentage Rate (APR) is 35.9%. Loan amounts vary from $350-$1300. If approved, loan proceeds will be disbursed as directed to prepaid card or checking account at Pathward. Additional terms and conditions apply, see account agreements for details. Offered for a limited time at participating locations.

    2 Spruce fintech platform is built by H&R Block, which is not a bank. Spruce℠ Spending and Savings Accounts established at, and the Spruce debit card and the H&R Block Emerald Prepaid Mastercard® are issued by, Pathward®, N.A., Member FDIC, pursuant to license by Mastercard®. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Additional fees, conditions, and terms apply to how you use your Emerald Card or Spruce account. Consult your Cardholder Agreement or Spruce Spending Account Agreement for details.

    About H&R Block 
    H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Scheduled to Present at the ThinkEquity Conference on October 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., Oct. 29, 2024 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced that its senior leadership will lead a presentation at the upcoming ThinkEquity Conference, held on October 30th, 2024, at the Mandarin Oriental Hotel in New York City.

    “The ThinkEquity Conference is well-known and anticipated gathering of innovative companies,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “We’re excited to lead an informative and engaging presentation and look forward to meaningful one-on-one discussions with fellow attendees.”

    Figure 1 – NANO Nuclear Energy Inc. Will Present at The ThinkEquity Conference, to be held on October 30th, 2024, at the Mandarin Oriental Hotel in New York City.

    The 2024 edition of the ThinkEquity Conference will showcase innovative companies across sectors such as alternative energy, biotechnology, AI & big data, and more. With over 750 attendees, the event will feature more than 75 company presentations and 650 one-on-one meetings with investors.

    “It is a pleasure to be participating the ThinkEquity Conference this year,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “In addition to discussing the progress of our innovative technologies during the presentation, the event offers a valuable opportunity to engage personally with investors and innovators from other sectors.”

    About NANO Nuclear Energy, Inc.

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

    Led by a world-class nuclear engineering team, NANO Nuclear’s products in technical development are “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

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

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

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

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

    For further information, please contact:
    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:
    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy TWITTER

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: BTQ Technologies Corp. to Present at the AI & Technology Virtual Investor Conference October 31st

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) — BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, today announced that Nicolas Roussy Newton, Co-Founder and COO will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 31st, 2024.

    DATE: October 31st
    TIME: 1:30pm ET
    LINK: https://bit.ly/3ASgcyv
    Available for 1×1 meetings: October 31/November 1-5, 2024

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent BTQ Highlights:

    About BTQ
    BTQ was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.

    Connect with BTQ: Website | LinkedIn

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    BTQ Technologies Corp.
    Bill Mitoulas
    Investor Relations
    +1.416.479.9547
    bill@btq.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    Neither CBOE Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

    The MIL Network –

  • MIL-OSI: Leading Fastener Distributor Chooses Bridgeline’s AI-Driven HawkSearch

    Source: GlobeNewswire (MIL-OSI)

    WOBURN, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of AI-driven marketing technology, announced that a leading distributor of fasteners, tools, maintenance, shop, and industrial supplies has selected HawkSearch to enhance their on-site search capabilities.

    The distributor will leverage HawkSearch to optimize their customer experience and product discovery on the Optimizely platform. The solution will address common challenges and use cases for complex part number searches as well as dimensional products with data discrepancies in unit of measure. They will also utilize HawkSearch’s merchandising features including Instant Engage, boost and bury rules, machine learning multipliers, product recommendations, campaigns, as well as entitlements and Visitor Targets for their multiple branch locations.

    This marks the first lead from HawkSearch’s partner Xngage. The distributor will use the Xngage XConnect connector for HawkSearch to power their product discovery. Combining Xngage’s digital commerce expertise with Bridgeline’s AI-driven technology opens new growth opportunities. This initial success lays the groundwork for future joint initiatives that will drive innovation and deliver impactful results.

    “We’re excited to see our partnership with Xngage take off with this first lead. Their expertise in digital commerce, combined with HawkSearch’s advanced capabilities, will help us unlock new growth,” said Carl Prizzi, EVP of Revenue at Bridgeline. “Together, we’re ready to deliver AI-driven solutions that enhance customer experiences and drive revenue growth.”

    About Bridgeline Digital

    Bridgeline helps companies grow online revenue by increasing traffic, conversion rates, and average order value. To learn more, please visit www.bridgeline.com.

    Contact:
    Danielle Colvin
    SVP of Marketing
    Bridgeline Digital
    press@bridgeline.com

    The MIL Network –

  • MIL-OSI: Rigetti Computing to Report Third Quarter 2024 Financial Results and Host Conference Call on November 12, 2024

    Source: GlobeNewswire (MIL-OSI)

    BERKELEY, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release third quarter 2024 results on Tuesday, November 12, 2024 pre-market open. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 8:30 a.m. ET the same day.

    Key details regarding the call are as follows:

    Call Date: Tuesday, November 12, 2024
    Call Time: 8:30 a.m. ET / 5:30 a.m. PT
    Webcast Link: https://edge.media-server.com/mmc/p/aoxe8j5p/
    Live Call Participant Link: https://register.vevent.com/register/BI66e8b07255734ee49c6d5daf2166b220

    Webcast Instructions
    You can listen to a live audio webcast of the conference call by visiting the “Webcast Link” above or the “Events & Presentations” section of the Company’s Investor Relations website at https://investors.rigetti.com/. A replay of the conference call will be available at the same locations following the conclusion of the call for one year.

    Live Call Participant Instructions
    To participate in the live call, you must register using the “Live Call Participant Link” above. Once registered, you will receive dial-in numbers and a unique PIN number. When you dial in, you will input your PIN and be routed into the call. If you register and forget your PIN, or lose the registration confirmation email, simply re-register to receive a new PIN.

    About Rigetti
    Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at www.rigetti.com.

    Contact
    Rigetti Computing Media Contact:
    press@rigetti.com

    Rigetti Computing Investor Relations Contact:
    IR@Rigetti.com

    The MIL Network –

  • MIL-OSI: EXL recognized as a Major Player in IDC MarketScape for Worldwide Data Modernization Services in 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced that it has been recognized as a Major Player in the IDC MarketScape: Worldwide Data Modernization Services 2024 Vendor Assessment (doc #US51234424, September 2024) report.

    The inaugural report evaluates 27 service providers across their core value propositions, execution and innovation capabilities, go-to-market strategy, and market impact.

    “Whether driven by AI adoption or not, data modernization services are a critical component of organizations’ strategies to become more efficient, agile, and growth-oriented businesses,” said Jennifer Hamel, senior research director, Enterprise Intelligence Services at IDC. “This study evaluates 27 vendors that have established themselves as trusted partners for navigating the complexities of data modernization and continue to expand and evolve their portfolios to meet organizations’ future needs across the enterprise intelligence architecture.”

    According to the report, “IDC considers EXL’s strategies around offerings, client adoption, employee skills and retention, and innovation and R&D as key strengths. EXL also showcased strengths in achieving business outcomes for clients with data modernization services through case studies across a variety of industries and business functions.”

    “At EXL, we take great pride in helping our clients realize the power of data and AI by creating modern data architecture, data flows and solutions for them,” said Vivek Jetley, president and global head of analytics at EXL. “We combine our data, domain and AI expertise to design and implement solutions that improve operational efficiency and customer experience. We’re proud to receive this recognition from the IDC MarketScape as we continue to help our clients optimize their processes and build their future successes.”

    IDC’s Enterprise Intelligence Services subscribers can read the IDC MarketScape report at idc.com.

    For more information about how EXL partners with clients to lay the data foundations of AI and improve operational efficiency and customer experience through the design and implementation of modern, agile, secure, and scalable data platforms, please visit here.   

    About IDC MarketScape:

    IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

    About EXL

    EXL (Nasdaq: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 55,000 employees spanning six continents. For more information, visit  www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

    © 2024 ExlService Holdings, Inc.  All rights reserved. For more information go to www.exlservice.com/legal-disclaimer

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network –

  • MIL-OSI: Xtract One Technologies to Present at the AI & Technology Virtual Investor Conference October 31st

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging artificial intelligence (AI), today announced that Peter Evans, CEO will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 31st, 2024.

    DATE: October 31st
    TIME: 2.30pm – 3pm ET
    LINK: https://bit.ly/3ASgcyv

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    About Xtract One Technologies
    Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that enable facility operators to prioritize and deliver improved “Walk-right-In” experiences while providing unprecedented safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit www.xtractone.com or connect on Facebook, X, and LinkedIn.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Xtract One Investor Relations
    Chris Witty
    Darrow Associates
    646-438-9385
    cwitty@darrowir.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: ONAR to Present at the AI & Technology Virtual Investor Conference October 31st

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Oct. 29, 2024 (GLOBE NEWSWIRE) — Reliant Holdings, Inc. (OTCQB: RELT), soon to be Onar Holding Corporation, today announced that ONAR CEO, Claude Zdanow, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 31st, 2024.

    DATE: October 31st
    TIME: 3:00 PM ET
    LINK: https://bit.ly/3ASgcyv
    Available for 1×1 meetings: November 1st, 4th, and 5th

    This will be a live, interactive online event where potential investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online potential investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • A reverse merger with Reliant Holdings, Inc.
    • Several strategic acquisitions that expanded their capabilities
    • A new partnership with iQSTEL, a leader in telecommunications and fintech
    • Anticipation of Regulation A+ offering to support future acquisitions

    About ONAR

    ONAR (OTCQB: RELT) is a dynamic marketing and business solutions network, soon to be publicly traded as Onar Holding Corporation. ONAR’s mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family’s strengths. Committed to honor, candor, and best-in-class results, ONAR aims to lead the industry by example, ensuring every client relationship is deeply rooted in trust and excellence.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to potential investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with potential investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional potential investors.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR’s current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR’s control. Forward-looking statements include, among other things, statements regarding ONAR’s expectations regarding its ability to achieve its financial and strategic goals, including surpassing $100 million in revenue and securing a NASDAQ listing; its ability to expand its client base and market share; and its ability to develop and launch new products and services. Actual results may differ materially from ONAR’s expectations and projections due to various risks and uncertainties, including market conditions, competition, the ability to protect intellectual property, the ability to manage growth, changes in laws and regulations, and other factors described in ONAR’s filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and ONAR undertakes no 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.

    CONTACTS:
    ONAR
    Sara Scully
    Marketing Manager
    213-437-3081
    IR@onar.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Global Micro extends its GDPR and ISO 27001 compliance services to EU, UK and US clients with new offices

    Source: GlobeNewswire (MIL-OSI)

    Key points:

    • South Africa’s most experienced cloud provider is opening new offices across Europe, the UK and the US.
    • These offices make Microsoft licensing and compliance easier across Europe and the United States.
    • Global Micro’s expansion will further help businesses take advantage of the benefits of AI securely while complying with the necessary regulations.

    JOHANNESBURG, Oct. 29, 2024 (GLOBE NEWSWIRE) — Global Micro, South Africa’s most experienced cloud provider with more than 30 years of experience, is set to open physical offices in Ireland, the United Kingdom and the United States.

    These offices make Microsoft licensing and compliance easier across Europe and the United States. The company is uniquely positioned to help organisations deal with the challenges around compliance in the EU and US. 

    “It has become clear that there is significant demand for assistance to meet the compliance demands of GDPR and NIS 2 by the EU region, particularly with the EU parliament vowing to strengthen GDPR enforcement earlier this year.

    “Our M365 Security and Compliance offering covers all the 34 technical controls for ISO 27001 Information Security, upon which GDPR is based,” explains JJ Milner, the Managing Director of Global Micro.

    Furthermore, Global Micro can provide the US and European markets with an end-to-end service to achieve ISO 27001 certification as well as ensure GDPR and NIS2 compliance.

    The company already has a solid reputation with customers across Europe, the Middle East, and Africa (EMEA), and its solutions have been thoroughly tested. They are highly regarded by 1,200 customers in the region. It has further enabled its customers to attain considerably better security than the norm, a key metric in the EU’s strict regulations.

    “The effectiveness of our unique approach to managed services is evidenced by the success of our customers who enjoy far higher levels of security. While the average Microsoft Secure Score is 44/100, our customers have an average score of 75/100,” he adds.

    The expansion of Global Micro’s physical presence globally will enable the company to provide Microsoft licensing to customers in all European countries, in accordance with European Union laws, as well as across the United Kingdom and the United States.

    The official launch has been a year in the making. This is due to the complexities of meeting the legislative and governance requirements for Microsoft, UK, EU and US, explains Milner.

    The new offices will be able to draw upon the company’s full staff complement, from its back office, project management and consulting services to sales and always-available technical support teams.

    A key benefit that the company will bring is a more effective approach to delivering and maintaining secure and compliant environments.

    Milner explains that its services are delivered as managed code, which allows for standardised, consistent and auditable change management.
    This approach creates a feedback loop across its 1200 managed customers, allows it to update its code base and releases improvements to all its customers.

    The opening of the offices is also intended to help customers take full advantage of Microsoft’s push into artificial intelligence (AI) via its Copilot offering in its Microsoft 365 software suite. “While AI can open up exciting new capabilities for businesses, it can also expose hidden vulnerabilities in a company’s security and compliance measures,” says Milner.

    Companies, therefore, must be able to use the technology securely and ensure that all their security settings are aligned across their users, devices, networks, applications and the entirety of their infrastructure.

    With more than 2,500 different security settings and constantly changing regulations that companies must adhere to, that is no small feat. It is a challenge that the Global Micro office will enable its European customers to meet without needing to retain a large security team.

    These offices are set to be the first physical points of presence that mark Global Micro’s global expansion.

    “We are committed to establishing office locations globally where our customers need a physical presence.

    “We are excited to help our customers deal with their challenges and take advantage of the significant opportunities that AI brings to augment their business,” concludes Milner.

    About Global Micro
    Global Micro leverages the power of technology to deliver IT solutions that build better futures. Trusted for more than 30 years and by thousands of companies across the world, we provide enterprise-grade cloud and cybersecurity, and compliance solutions designed to help businesses comply and succeed. By simplifying sophisticated technology, we make it accessible and affordable. Keeping up with the complexity of technology is difficult. We help make it easy.

    Contact:
    Carly Simon
    Email: critz@we-worldwide.com
    Phone: +27825082209

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/df698123-4c87-4f31-b552-9fc8b47cf03b
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4e8ab056-38ec-4b19-a3e2-1aaa431270a6
    https://www.globenewswire.com/NewsRoom/AttachmentNg/cd38ab44-70fc-45e6-b75e-d5ebdaa22a97

    The MIL Network –

  • MIL-OSI: Ambiq Expands Support for the Popular Zephyr RTOS

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 29, 2024 (GLOBE NEWSWIRE) — Ambiq®, a leading developer of ultra-low-power semiconductors and solutions enabling Edge AI, expands its support for the open-sourced Zephyr Project® Real-Time Operating System (RTOS). Zephyr is now available on the Apollo3 Family SoCs, Apollo4 Plus, Apollo4 Blue Plus, and the upcoming Apollo510 MCU, for high-performing AI at the edge.

    Manufacturers running Zephyr on the Apollo chips benefit from Ambiq’s signature Subthreshold Power Optimization Technology (SPOT®) for exceptional energy efficiency, low memory usage, a rich combination of design resources and documentation, easy-to-use development tools, strong community support, and flexibility. Embedded developers, already working within the Zephyr environment, can easily port their software to Ambiq’s chips to take advantage of the much lower power consumption, simplifying their development cycle and scaling their products for faster time to market.

    “We are excited to be part of the Zephyr ecosystem,” said Fumihide Esaka, CEO of Ambiq. “Introducing Zephyr embedded developers to Ambiq’s low power solutions dramatically expands their toolkit for creating higher performing and more energy efficient edge devices. I have no doubts that Zephyr’s versatility and powerful community with highly documented resources, coupled with Ambiq’s ultra-low power solutions, will appeal to embedded developers at businesses of all sizes.”

    “With the incredible growth Zephyr has experienced in the last few years including more than 100,000 commits on GitHub from more than 2,000 contributors, it is set to become a de-facto standard RTOS choice,” said Michael Gielda, Co-Founder of Antmicro and Chair of The Zephyr Project Marketing Committee. “We are thrilled to see Ambiq actively contributing to the ecosystem with support for their platforms to enable a next generation of low-power products running Zephyr.”

    Users can access Ambiq’s GitHub code for Zephyr to get started today.

    About Ambiq

    Ambiq’s mission is to develop the lowest-power semiconductor solutions to enable intelligent devices everywhere and drive a more energy-efficient, sustainable, and data-driven world. Ambiq has helped leading manufacturers worldwide create products that last weeks on a single charge (rather than days) while delivering a maximum feature set in compact industrial designs. Ambiq’s goal is to take Artificial Intelligence (AI) where it has never gone before in mobile and portable devices, using Ambiq’s advanced ultra-low power system on chip (SoC) solutions. Ambiq has shipped more than 250 million units. For more information, visit www.ambiq.com.

    About Zephyr

    The Zephyr Project is a Linux Foundation hosted Collaboration Project. It’s an open source collaborative effort uniting developers and users in building a best-in-class small, scalable, real-time operating system (RTOS) optimized for resource-constrained devices, across multiple architectures. For more information, visit zephyrproject.org and github.com/zephyrproject-rtos.

    Contact

    Charlene Wan
    VP of Branding, Marketing, and Investor Relations
    cwan@ambiq.com
    +1.512.879.2850

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a5a9bfa9-89a3-43e1-8230-afbe2ba3f19c

    The MIL Network –

  • MIL-OSI: Global Carbon Dioxide Removal (CDR) Market Valuation Expected to Reach $2.11 Billion by 2032

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global Carbon Dioxide Removal (CDR) Market has been growing in the past years and is expected to continue at a substantial pace for years to come. Growing awareness and concern about the impacts of climate change are driving governments, businesses, and individuals to seek effective solutions for mitigating carbon dioxide emissions. The CDR market benefits from this heightened awareness and the urgent need for sustainable practices. A report from Custom Marketing Insights said that the global Carbon Dioxide Removal (CDR) Market size is expected to record a CAGR of 14.8% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 610.9 Million. By 2032, the valuation is anticipated to reach USD 2,115.5 Million.   The report said: “Stringent Regulatory Policies and Targets: Governments around the world are implementing and enhancing regulatory frameworks aimed at reducing greenhouse gas emissions. The imposition of carbon reduction targets and the integration of carbon pricing mechanisms create a favorable environment for the growth of the CDR market, as industries seek ways to comply with these regulations.   Advancements in CDR Technologies: Ongoing research and development efforts are leading to technological advancements in carbon removal methods. Improved efficiency, scalability, and cost-effectiveness of CDR technologies contribute to their wider adoption and growth in the market.   Increasing Corporate Sustainability Initiatives: Many companies are adopting sustainability goals and committing to achieving net-zero emissions. As part of their corporate social responsibility (CSR) initiatives, businesses are investing in CDR technologies to offset their carbon footprint, contributing to the overall growth of the market.”   Active carbon companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), SLB (NYSE: SLB), DevvStream Holdings Inc. (OTCQB: DSTRF) (NEO: DESG), Base Carbon Inc. (OTCQX: BCBNF) (NEO: BCBN), LanzaTech Global, Inc. (NASDAQ: LNZA).

    Custom Marketing Insights continued: “Rising Investments and Funding: The CDR market is witnessing increased investments from both public and private sectors. Governments, venture capital firms, and major corporations are allocating funds to support research, development, and implementation of carbon removal technologies, fostering market growth.   Emergence of Carbon Offset Markets: The development of carbon offset markets, where entities can buy and sell carbon credits, provides financial incentives for the deployment of CDR technologies. This market dynamic encourages the adoption of carbon removal solutions as a means for businesses to offset their emissions and comply with regulatory requirements, thereby driving market growth.”

    BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) Commences Biochar Production in Arkansas – BluSky Carbon Inc. (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), an innovative entry into the carbon removal clean technology sector is very pleased to announce that it has commenced production of biochar at a dedicated facility in Arkansas. The event marks the official startup of initial biochar production aimed at servicing the recently announced $105 million, ten-year supply agreement (see Company news release dated Sept 24, 2024) (“Supply Agreement”).

    A video showing the equipment start-up and providing some insights into the facility, the region, and BluSky’s strategic plan is available here.

    The startup of the Vulcan Heavy system at this location represents the first of three units required to service the totality of the Supply Agreement. Once the other two units are procured and fully operational (see news release dated September 24, 2024), these machines are expected to produce a combined output of approximately 40,000 tons of biochar annually. It is also expected that production byproducts such as bio-oil and syngas may help reduce the Company’s overall production costs by providing some of the energy required to power the Vulcan systems, potentially along with surplus power capacity to contribute towards operating BluSky’s related carbon removal technologies (CDR) including its Medusa Carbon mineralization process and Kronos Direct Air Carbon Capture technology.

    The inaugural production plant has been dedicated as “AR1“ and is located at 110 Industrial Park Drive in Warren, Arkansas. The facility consists of a multi-room 50,000 sq/ft enclosure located on an 8.54-acre property. Warren services an established sustainable timber industry with a strong presence in the town and surrounding area. Nearby softwood wood chip production (mostly yellow pine) serves as a nearly limitless source of clean biomass feedstock for the BluSky Vulcan Heavy pyrolysis systems.

    BluSky CEO Will Hessert comments, “The facility is ideally suited for scalability. We have ample room for the three Vulcan Heavy units as required to service our initial regional contract, with additional room to double that production without the need to create more space. The property itself is large and well suited to handle industrial scale logistics and storage needs.”   CONTINUED… Read this full press release and more news for BluSky Carbon at:   https://bluskycarbon.com/news/

    Other recent carbon developments in the markets of note include:

    SLB (NYSE: SLB), formerly known as Schlumberger, recently announced it was aiming to accelerate the deployment of carbon capture technology through an investment in Norway’s Aker Carbon Capture. SLB said that it will pay about $380 million, or 4.12 billion Norwegian kroner, for an 80% stake in the pure-play carbon capture company. The deal is expected to close by the end of the second quarter.

    Schlumberger rebranded as SLB in 2022 as part of the company’s growing focus on lower-carbon technologies. SLB is targeting $3 billion in revenue from its new energy business by the end of the decade. CEO Olivier Le Peuch told analysts during the company’s fourth-quarter earnings call that carbon capture and storage will be a leading contributor to that $3 billion target. SLB is participating in more than $400 million worth of tenders related to carbon capture and storage.

    DevvStream Holdings Inc. (NEO: DESG) (OTCQB: DSTRF), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, recently announced an agreement (the “Agreement”) to purchase 1.2 million carbon credits from the Ipixuna REDD+ Project (the “Project”), subject to final approval by the board of Focus Impact Acquisition Corp. (“Focus Impact”). In exchange for the credits, the vendor will receive newly authorized shares of common stock of the public company (“NewCo”) resulting from DevvStream’s previously announced business combination with Focus Impact (the “Business Combination”). Upon closing of the Business Combination-projected to occur on or before October 31, 2024-NewCo is expected to be named DevvStream Corp. and begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “DEVS.” The Company expects the carbon credit purchase Agreement to close in conjunction with and conditional upon the Business Combination and Nasdaq listing.

    Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (together, with affiliates, “Base Carbon”, or the “Company”), recently announced that it has received a second transfer of 1,014,635 carbon credits from its Rwanda project, each designated with Verra’s Article 6 Authorized label.

    Pursuant to the terms of the project agreement with the DelAgua Group, the project developer, and the letter of authorization issued by the Government of Rwanda (“LOA”) with respect to the project, the Company has received a transfer of 1,014,635 Article 6 Authorized labeled carbon credits. This volume is net of 23,060 carbon credits which have been retired to contribute towards global emission reductions and 115,300 carbon credits to be made available to the Government of Rwanda pursuant to the terms of the LOA. The Company now holds a total inventory of 1,712,193 carbon credits generated from the Rwanda project, all designated with Verra’s Article 6 Authorized label.

    LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, has been awarded $3 million by the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), as part of a broader $29 million investment program to advance its carbon management priorities. LanzaTech’s Project ADAPT (“Accelerating Decarbonization via Advanced Production Technologies”) was selected to address FECM’s priority of converting carbon dioxide (CO2) into environmentally responsible and economically valuable products…

    …”We are thrilled to receive this support from the U.S. Department of Energy to progress our work around scaling the conversion of waste CO2 to make some of the world’s most needed chemicals,” said Dr. Jennifer Holmgren, CEO of LanzaTech. “CO2 is an essential feedstock of today and the future, and Project ADAPT leverages our expertise and existing operations to accelerate the commercialization of transformational carbon capture and utilization technologies that deliver cleaner and more sustainable energy and products.”

    About FN Media Group:

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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 was compensated twenty three hundred dollars for news coverage of the current press releases issued by BluSky Carbon 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, LLC.

    The MIL Network –

  • MIL-OSI: GDS Announces US$1.0 Billion Equity Raise By Its International Affiliate Led By Prestigious New US Investors

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) — GDS Holdings Limited (the “Company” or “GDSH”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that its international affiliate, DigitalLand Holdings Limited (“GDS International” or “GDSI”), which acts as the holding company for GDSH’s data center assets and operations outside of mainland China, has entered into definitive agreements for certain institutional private equity investors (the “Investors”) to subscribe for US$1.0 billion of Series B convertible preferred shares (the “Series B”) newly issued by GDSI.

    GDS International was established in 2022 with its corporate headquarters in Singapore. Its portfolio currently comprises approximately 480 MW of data center capacity in service and under construction and an additional 590 MW held for future development across strategic locations in Hong Kong, Singapore, Malaysia (Johor), Indonesia (Batam), and Japan (Tokyo).

    The US$1 billion Series B investment is mostly comprised of new US investors, led by Coatue Management with substantial participation by The Baupost Group. Together with GDSI’s existing equity, the Series B raise will be sufficient to capitalize the development of up to 1 GW of total data center capacity.

    GDSH has determined not to exercise its pre-emption rights for the Series B equity raise. Post closing and on an as-converted basis, GDSH will own approximately 37.6% of the equity interest of GDSI in the form of ordinary shares. The value of GDSH’s equity interest in GDSI implied by the Series B subscription price is approximately US$1.3 billion, equivalent to approximately US$6.75 per American Depositary Share of GDSH. Post closing, GDSH will no longer consolidate GDSI for accounting purposes and GDSH will no longer have the right to appoint a majority of directors to the Board of GDSI.

    “I am delighted to announce this new capital raising for our international business,” said Mr. William Huang, Chairman and CEO of GDSH and Chairman of GDSI. “Within a short period of time, we have created new markets in and around Singapore-Johor-Batam which are attracting both regional and global hyperscale demand. We see tremendous opportunities for growth in these markets as well as in other new markets which we are currently evaluating. The Series B equity issue benchmarks significant incremental value creation for our shareholders. We look forward to further achievements by our international business as we take it to the next level.”

    “Data centers are mission critical infrastructure to support the future of AI and cloud,” said Philippe Laffont, Founder of Coatue. “We have been very impressed by the management team, and its capabilities to execute and expand the footprint of the business in such a short period of time. We are excited to work alongside management to expand GDSI into a global leading data center platform.”

    “GDSI has emerged as one of the most rapidly expanding data center platforms in the APAC region,” said Robert Yin, Partner at Coatue. “We believe GDSI is strategically positioned to capitalize on demand for future AI and hyperscale solutions, and we look forward to supporting the business in its continued expansion of next-generation infrastructure.”

    “As a shareholder of GDSH, we are extremely impressed with William and his team and GDSI’s ambitious and credible international expansion plan,” said Richard Carona, Partner, The Baupost Group. “We’re pleased to support their growth as part of this Series B financing.”

    The Closing is expected to occur as soon as the closing conditions provided in the definitive agreements are satisfied. It is expected that the Series B issuance will be exempted from registration under the Securities Act of 1933, as amended, (the “Securities Act”) pursuant to Section 4(a)(2) of the Securities Act regarding transactions not involving a public offering or Regulation S under the Securities Act.

    The Series B shares and the ordinary shares deliverable upon conversion of the Series B shares have not been registered under the Securities Act or any state securities laws. They may not be offered or sold within the United States or to U.S. persons absent registration or an applicable exemption from registration. This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any of these securities, nor shall there be a sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

    GDSI’s financial and legal advisors for this transaction are Morgan Stanley Asia Limited and White & Case, respectively. Latham & Watkins served as the legal advisor for Coatue.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in mainland China and, through an equity investment in its international affiliate, in Hong Kong and South East Asia. The Company’s facilities are strategically located in primary economic hubs where demand for high-performance data center services is concentrated. The Company also builds, operates and transfers data centers at other locations selected by its customers in order to fulfill their broader requirements. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 23-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “guidance,” “intend,” “is/are likely to,” “may,” “ongoing,” “plan,” “potential,” “target,” “will,” and similar statements. Among other things, statements that are not historical facts, including statements about GDS Holdings’ beliefs and expectations regarding the growth of its businesses and its revenue for the full fiscal year, the business outlook and quotations from management in this announcement, as well as GDS Holdings’ strategic and operational plans, are or contain forward-looking statements. GDS Holdings may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) on Forms 20-F and 6-K, in its current, interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause GDS Holdings’ actual results or financial performance to differ materially from those contained in any forward-looking statement, including but not limited to the following: GDS Holdings’ goals and strategies; GDS Holdings’ future business development, financial condition and results of operations; the expected growth of the market for high-performance data centers, data center solutions and related services in China and South East Asia; GDS Holdings’ expectations regarding demand for and market acceptance of its high-performance data centers, data center solutions and related services; GDS Holdings’ expectations regarding building, strengthening and maintaining its relationships with new and existing customers; the continued adoption of cloud computing and cloud service providers in China and South East Asia; risks and uncertainties associated with increased investments in GDS Holdings’ business and new data center initiatives; risks and uncertainties associated with strategic acquisitions and investments; GDS Holdings’ ability to maintain or grow its revenue or business; fluctuations in GDS Holdings’ operating results; changes in laws, regulations and regulatory environment that affect GDS Holdings’ business operations; competition in GDS Holdings’ industry in China and South East Asia; security breaches; power outages; and fluctuations in general economic and business conditions in China, South East Asia and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in GDS Holdings’ filings with the SEC, including its annual report on Form 20-F, and with the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and are based on assumptions that GDS Holdings believes to be reasonable as of such date, and GDS Holdings does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com
    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    The MIL Network –

  • MIL-OSI Global: RFK Jr.’s pivot to Trump is a journey taken by many populists swept along the left-to-right alternative media pipeline

    Source: The Conversation – USA – By Rachel Meade, Lecturer of Political Science, Boston University

    When Robert F. Kennedy Jr. ended his independent presidential run in August 2024 and endorsed Republican Donald Trump, it might have seemed a surprising turn of events.

    Kennedy began his presidential run as a Democrat and is the scion of a Democratic dynasty. Nephew to former President John F. Kennedy and the son of former Attorney General Robert F. Kennedy, Kennedy spent most of his career as a lawyer representing environmental groups that sued polluting corporations and municipalities.

    Yet Kennedy, 70, has long held positions that put him at odds with the Democratic mainstream. He pushes public health misinformation around vaccines and HIV/AIDS, opposes U.S. military involvement in foreign wars, including in Ukraine, and claims that the CIA assassinated his uncle.

    Kennedy’s ideologically mixed politics are hard to categorize in traditional left-right terms.

    My political science research finds that Kennedy’s journey from left-aligned skepticism into Trumpism is part of a broader trend of contemporary left-to-right populist transformations happening across the United States.

    Rise of the populist alternative media

    Populism is a political story that presents the good “people” of a nation as in a struggle against its “elites,” who have corrupted democratic institutions to further their own selfish interests. It cuts across the ideological spectrum, often combining left-wing economic critiques with right-wing cultural ones.

    Based on my research, I find that Kennedy uses a populist style of speech that matches the rhetoric of today’s online alternative media, also known as the “alternative influence network.”

    If populism cuts across the ideological spectrum, so does the alternative media.

    This network of politically diverse independent podcasters, YouTube hosts and other creators connects with young, politically disaffected audiences by mixing politics with comedy and pop culture, and presenting themselves as embattled defenders of free thinking – in opposition to mainstream media and mainstream parties.

    Top-rated shows include “Breaking Points,” “Stay Free with Russell Brand,” “The Joe Rogan Experience,” The Culture War with Tim Pool and “This Past Weekend w/ Theo Von.”

    While many of these shows have been around since the 2010s, the network expanded throughout the Trump era. Their popularity skyrocketed during the COVID-19 pandemic, when public distrust in government, anger over pandemic restrictions and vaccine skepticism surged.

    These shows hosted Kennedy frequently throughout his presidential run in 2023 and 2024.

    Kennedy finds his audience

    I analyzed a set of Kennedy’s appearances for this story. Both Kennedy and alternative media hosts claim to care about “the real issues” facing Americans such as war, corporate and political malfeasance and economic troubles. They condemn the “mainstream” for promoting frivolous “culture war” topics related to race and identity politics.

    Kennedy and the alternative media hosts also combine left and right arguments in a typically populist way. They claim that corporations control the government and that liberals and corporations censor free speech.

    For example, on a May 2024, episode of “Stay Free with Russell Brand,” Brand asserted that corrupt institutions are backed by the “deep state.” He asked Kennedy how he would fight these powerful interests.

    “The major agencies of government have all been captured by the industries they’re supposed to regulate and act as sock puppets serving the mercantile interests of these big corporations,” responded Kennedy. “I have a particular ability to unravel that because I’ve litigated against so many of these agencies.”

    My research found that Kennedy often bonded with his alternative media hosts over his perception that liberal media sources – allegedly controlled by the Democratic National Committee or the CIA – were censoring his campaign.

    Like Kennedy, alternative media hosts often identify as former or disaffected Democrats. Many used to work at mainstream left news sites, where they say they experienced censorship.

    ‘This little island of free speech’

    In a June 2023 episode of “The Joe Rogan Experience,” Rogan explained that he no longer identifies as a liberal because of the “orthodoxy it preaches” around issues like vaccines. He then cited YouTube’s removal of some of Kennedy’s vaccine-related videos for violating its COVID-19 misinformation policy.

    Kennedy had just spent 90 minutes outlining his journey toward vaccine skepticism, which started with meeting a mother who believed vaccines caused her son’s autism.

    “If a woman tells you something about her child, you should listen,” he said.

    Kennedy also described being convinced by a set of studies that public health officials had ignored.

    “Trust the experts is not a function of science, it’s a function of religion,” he said. “I’ve been litigating 40 years; there’s experts on both sides.”

    Afterward, he thanked Rogan for maintaining “this little island of free speech in a desert of suppression and of critical thinking.”

    Kennedy reiterated this point in the Aug. 23, 2024, speech that ended his campaign, saying the “alternative media” had kept his ideas alive, while the mainstream networks had shut him out despite his historically high third-party poll numbers of 15% to 20%.

    “The DNC-allied mainstream media networks maintained a near-perfect embargo on interviews with me,” Kennedy said.

    Speaking directly to the reporters in the room, he added, “Your institutions and media made themselves government mouthpieces and stenographers for the organs of power.”

    Left-to-right pipeline

    Trust in a range of U.S. institutions is at historical lows. Americans on both the right and the left are skeptical of power and crave radical change.

    Alternative media hosts tap into this desire, helping to push some disaffected listeners down the same left-to-right pipeline that landed Kennedy in Trump’s orbit.

    Trump and his allies are adept at harnessing the power of the alternative media ecosystem. Trump has appeared on male-centric shows like “This Past Weekend w/ Theo Von and ”The Joe Rogan Experience,“ and he founded the alternative social media platform Truth Social.

    Trump’s former adviser Steve Bannon hosts an influential podcast called the “War Room” on another MAGA alternative media platform, Rumble. Known for its fiery populist rhetoric, the “War Room” broadcasts live for an astonishing 22 hours a week.

    Until recently, Democrats have largely embraced traditional media. During the first months of her 2024 presidential campaign, Vice President Kamala Harris appeared on CBS’ “60 Minutes,” ABC’s “The View” and MSNBC’s “Stephanie Ruhle.”

    Then, on Oct. 12, Harris appeared on “Call her Daddy.” Spotify’s second-most popular podcast, it has a young, female audience. Days later, she sat down for an interview with Fox News and is reportedly in talks to appear on Joe Rogan’s show.

    Kennedy might approve of all this aisle-crossing.

    “Step outside the culture war!” he tweeted in July 2024. “Step outside the politics of hating the other side!”

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

    – ref. RFK Jr.’s pivot to Trump is a journey taken by many populists swept along the left-to-right alternative media pipeline – https://theconversation.com/rfk-jr-s-pivot-to-trump-is-a-journey-taken-by-many-populists-swept-along-the-left-to-right-alternative-media-pipeline-236828

    MIL OSI – Global Reports –

  • MIL-OSI: ibex Unveils Wave iX AI Virtual Agent; Setting a New Standard for AI-Powered Customer Support

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, Oct. 29, 2024 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced the launch of ibex Wave iX AI Virtual Agent, a sophisticated AI solution designed for seamless and scalable automated customer and brand interactions.

    ibex Wave iX AI Virtual Agent provides AI-driven voice and text conversations that are customized to align with a brand’s persona and specific business needs. It offers human-like, infinitely scalable, and hyper-personalized customer experiences while integrating seamlessly with existing agent support systems to facilitate swift escalation and efficient resolution of more complex customer issues.

    “ibex Wave iX AI Virtual Agent is more than a new AI solution, it is a transformative approach to the future of customer engagement,” said Bob Dechant, CEO of ibex. “ibex Wave iX AI Virtual Agent integrates the scalability and efficiency of AI with the necessary brand alignment, enabling businesses need to deliver exceptional, empathetic, and uniquely tailored customer experiences.”

    ibex Wave iX AI Virtual Agent is a new groundbreaking AI-driven, digital-first customer experience solution within the ibex Wave iX solution suite, which comprises three strategic components—AgentAI, CustomerAI, and InsightsAI—and leverages cutting-edge Generative AI technology to deliver the next generation of AI and agent-assisted customer experience.

    A significant advantage of ibex Wave iX AI Virtual Agent is its capacity for scalability on-demand. This flexibility enables businesses to dynamically adjust their customer service resources, ensuring optimal allocation during peak periods or unforeseen surges in demand. Coupled with the virtual agent’s empathetic and patient approach, this adaptability ensures that routine interactions are efficiently managed by ibex Wave iX AI Virtual Agent, allowing human customer service agents to concentrate of resolving more complex issues.

    Seamless customer interactions

    ibex Wave iX AI Virtual Agent also breaks down communication barriers by offering true omnichannel and multilanguage support. This capability ensures that businesses can effectively communicate with customers across any platform, in their preferred language, creating a seamless and inclusive experience.

    While ibex Wave iX AI Virtual Agent is designed to handle a wide range of customer inquiries autonomously, it also features a smooth escalation process to human agents when necessary.

    Businesses can easily customize ibex Wave iX AI Virtual Agent to match their unique brand personality. The platform allows for the creation of channel-specific personas, ensuring consistency across every customer interaction and enabling brands to achieve their desired impact, at scale.

    Always getting smarter

    ibex Wave iX AI Virtual Agent goes beyond simple query resolution. The platform is designed to understand multiple intents and complex tasks, learning and improving with each interaction. This sophisticated approach allows the virtual agent to gain a deep and accurate understanding of customer actions and patterns, enabling businesses to make rapid, informed choices that drive customer satisfaction and loyalty.

    To ensure data security and regulatory compliance ibex has implemented strict governance measures in ibex Wave iX AI Virtual Agent.

    For more information about ibex Wave iX AI Virtual Agent or to schedule a demo, please visit here.

    About ibex 

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

    ibex leverages its diverse global team of over 30,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    Media Contact:
    Dan Burris
    daniel.burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c3b6ba9-0829-4dbc-96ea-4a56a032a004

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