Category: Machine Learning

  • MIL-OSI Economics: Huawei Globally Unveils Intelligent Campus 2030 White Paper Oct 16, 2024

    Source: Huawei

    Headline: Huawei Globally Unveils Intelligent Campus 2030 White Paper
    Oct 16, 2024

    [Dubai, UAE, October 16, 2024] During GITEX Global 2024, Huawei released the Intelligent Campus 2030 white paper for markets outside China at the forum Redefining Intelligent Campus with ICTs, Maximizing Enterprises’ Intelligent Productivity with Xinghe Intelligent Campus. This white paper envisions the future of the intelligent campus.
    David Shi, Vice President of Huawei’s ICT Marketing & Solution Sales Dept, delivered an opening speech at the forum. He highlighted that as digital technology advances, the intelligent connectivity of everything will become a reality, which will allow campuses to be fully digital and intelligent. He added that future campuses will become fully perceptible, collaborative, and constantly online smart buildings that are capable of self-learning, self-troubleshooting, and making decisions and executing them independently. “Huawei is committed to bringing digital to every campus for pervasive intelligence and has been deeply involved with intelligent campuses for many years. We have proposed to redefine campuses with ICTs and have leveraged the advantages of our product portfolios to reshape campus connectivity, platform, and business. Up to now, we have helped over 1000 customers worldwide build secure, green, digital, and intelligent campuses,” said David Shi.
    David Shi, Vice President of ICT Marketing & Solution Sales Dept, Huawei

    Eric He, CEO of Huawei Campus Team, said in his speech that revolutions in energy and information take us closer to the intelligent world, where campuses will play a crucial role. As Eric He explains, we have entered the stage of intelligent campus 2.0, which is 10 Gbps, digital, intelligent, and green. During this stage, campus networks will evolve from simply transmitting data to providing quality connections, campus platforms will move beyond integrating IoT to providing data intelligence, and extensive business management will be upgraded to low-carbon operations. “Relying on ICTs to redefine campuses, Huawei looks forward to working with customers and industry peers to innovate as well as envision and build intelligent campus 2030,” he said.
    Eric He, CEO of Huawei Campus Team

    Hawn Zhao, President of the Campus Network Domain, Data Communication Product Line, Huawei, introduced Huawei’s Xinghe Intelligent Campus Solution at the forum. As enterprises are witnessing a surge in the number of devices and video conferences, their digital and intelligent office requires improved network performance, security, experiences, and O&M. Huawei’s all-scenario Wi-Fi 7 products can strengthen signals by 100% and improve concurrency by 50%. In addition, Huawei’s application experience assurance solution ensures smooth video conferences and protects VIP services from being compromised, while the Wi-Fi Shield prevents data eavesdropping to ensure 100% network security.
    Helping Customers Advance Digital and Intelligent Transformation
    Ibrahim Al Kindi, IT Director of the Arab Authority for Agricultural Investment and Development (AAAID), shared AAAID’s experience in intelligent campus construction. AAAID and Huawei have collaborated to enhance its office experiences in five areas: seamless access, intelligent office conferences, full wireless network coverage, AI-based building control, and centralized IoT device access. Ibrahim Al Kindi stated that this is just the beginning of a new era of intelligent office, and AAAID will continue to explore the digital and intelligent transformation of the office field.
    Fahad Daghriri, Chief Information Officer of Technical and Vocational Training Corporation (TVTC) in Saudi Arabia, shared how TVTC built an intelligent campus network with the help of Huawei. This network allows for wide coverage, high performance, and efficient O&M, improving mobile office for teachers and studying for students. “Our collaboration aims to achieve a win-win situation, promote digital transformation, build a one-stop campus network, create a smart education platform, and lay a solid foundation for long-term development,” said Fahad Daghriri.
    Releasing the Intelligent Campus 2030 White Paper
    Huawei globally unveils the Intelligent Campus 2030 white paper

    The campus is a basic unit in the making of a city. It is the main place where people live and work. It acts as an important carrier to boost the digital economy, and a key point to realize green and low-carbon transformation. In recent years, the industry has conducted in-depth exploration and cultivated practices surrounding the intelligent campus. Huawei, along with industry experts and scholars, provides insights into its future in the Intelligent Campus 2030 white paper.
    Based on the insights into and practices of global intelligent campuses, this white paper proposes a far-sighted definition of future intelligent campus along with visions for its advancement. It outlines five trends that affect intelligent campus development, systematically depicts 10 typical future scenarios, and defines six key technical features of future intelligent campuses for the first time. Innovatively, the white paper proposes a unique reference architecture for the intelligent campus and 22 quantitative indicators to predict the prospects of intelligent campuses, guiding their implementation and construction.
    Click the link to read more about the white paper: https://www.huawei.com/en/giv/intelligent-campus-2030

    MIL OSI Economics

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on FIAT (105.76%), CONY (101.35%), ULTY (100.99%), YMAX (51.97%), YMAG (62.33%) and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ ETFs listed in the table below.

    ETF
    Ticker
    1
    ETF Name Reference
    Asset
    Distribution
    per Share
    Distribution
    Frequency
    Distribution
    Rate
    2,4,5
    30-Day
    SEC Yield
    3
    Ex-Date &
    Record Date
    Payment
    Date
    YMAX YieldMax™ Universe Fund of Option Income ETFs Multiple $0.1747 Weekly 51.97% 62.93% 10/17/2024 10/18/2024
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Multiple $0.2261 Weekly 62.33% 50.85% 10/17/2024 10/18/2024
    CONY YieldMax™ COIN Option Income Strategy ETF COIN $1.1098 Every 4 Weeks 101.35% 3.70% 10/17/2024 10/18/2024
    FIAT   YieldMax™ Short COIN Option Income Strategy ETF COIN $1.4513 Every 4 Weeks 105.76% 3.22% 10/17/2024 10/18/2024
    MSFO YieldMax™ MSFT Option Income Strategy ETF MSFT $0.5077 Every 4 Weeks 33.76% 3.33% 10/17/2024 10/18/2024
    AMDY YieldMax™ AMD Option Income Strategy ETF AMD $0.9212 Every 4 Weeks 84.48% 3.24% 10/17/2024 10/18/2024
    NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX $0.7929 Every 4 Weeks 59.84% 3.45% 10/17/2024 10/18/2024
    ABNY YieldMax™ ABNB Option Income Strategy ETF ABNB $0.8003 Every 4 Weeks 61.67% 2.84% 10/17/2024 10/18/2024
    PYPY YieldMax™ PYPL Option Income Strategy ETF PYPL $1.1042 Every 4 Weeks 75.73% 2.94% 10/17/2024 10/18/2024
    ULTY YieldMax™ Ultra Option Income Strategy ETF Multiple $0.8267 Every 4 Weeks 100.99% 0.00% 10/17/2024 10/18/2024
    Scheduled for next week: YMAX YMAG MSTY YQQQ AMZY APLY AIYY DISO SQY SMCY


    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling 
    (833) 378-0717.

    Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.

    Distributions are not guaranteed.   The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    1All YieldMax™ ETFs (except YMAX,YMAG and ULTY) have a gross expense ratio of 0.99%. YMAX and YMAG have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio of 1.24% but the investment adviser has agreed to a 0.10% fee waiver through at least February 28, 2025.

    2The Distribution Rate shown is as of close on October 15, 2024. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended September 30. 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. As of such date, the ULTY subsidized and unsubsidized 30-Day SEC Yields were 0.00% and 0.00%, respectively. The subsidized yield reflects fee waivers in effect while the unsubsidized yield does not adjust for any fee waivers in effect.

    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

    5 As of the date hereof, distributions for the following ETFs have included return of investor capital: TSLY, OARK, APLY, AMZY, NVDY, GOOY, JPMO, XOMO, PYPY, CONY, DISO, FBY, MSFO, NFLY, SQY, AMDY, MRNY, AIYY, MSTY, ULTY, YMAX, YMAG, YBIT, SNOY, CRSH,GDXY and FIAT. For additional information, please visit http://www.YieldMaxETFs.com/TaxInfo.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For SQY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here

    Prospectuses

    Click here.

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are in the prospectus. Please read the prospectuses carefully before you invest.

    There is no guarantee that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs and ZEGA Financial is their sub-adviser.

    THE FUND, TRUST, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX and YMAG generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer time periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTY), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer time periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given time period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs or ZEGA Financial.

    © 2024 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI Asia-Pac: KEYNOTE ADDRESS BY THE PRIME MINISTER FOR HEALTH MENTAL HEALTH AWARENESS WEEK – PARADE

    Source: Government of Western Samoa

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    Thursday 10th October, 2024 (9:00am – 10:00am – Infront of the Government Building)

    Captain Eric Turner (Regional Leader of Salvation Army, Samoa),

    Hon. Deputy Prime Minister,

    Hon. Cabinet Ministers,

    Members of the Diplomatic Corps,

    Heads of Government Ministries and Corporations, NGOs,

    Distinguished guests,

    Ladies and Gentlemen,

    Talofa Lava! And a Warm Welcome!

    It is a great honor to stand here and address you today on a topic that is vital for our individual well-being, our workplaces, and ultimately, our nation – ‘MENTAL HEALTH IN THE WORKPLACE’.

    Today, we rally to not only recognize the importance of mental health but to ensure that it becomes a pillar of how we work, how we lead, and how we care for one another in the workplace.

    Today, the 10th of October is the commemoration of the World Mental Health Day globally including Samoa, with the overall objective of raising awareness of mental health issues around the world, on its theme – ‘Healthy Minds, Healthy Workplaces’. It is also the last day that ends the commemoration of the activities for the Mental Health Awareness Week in Samoa, which started on Sunday 6th October, 2024.

    As this year’s World Mental Health Day puts more emphasis on the

    importance of Mental Health in the Workplace, I am humbled indeed to speak not only as a leader and as an employer but an employee of the Government of Samoa.

    Mental health is not something that exists in isolation. It is deeply tied to every part of our lives, including the workplace. The workplace is where we spend a large part of our days. It is where we contribute to our communities, earn a living, and grow professionally. But the workplace can also be a source of stress, anxiety, and pressure.

    In Samoa, the demands of work, the increasing pace of change, and the responsibilities we all carry, whether as employees or leaders can take a toll on our mental well-being. When stress becomes overwhelming and mental health is not prioritized, the results are clear. There will be a decrease in productivity, an increase in absenteeism, and a general decline in workplace morale.

    However, mental health challenges do not just impact the workplace, they impact individuals, families, and communities. When an employee is struggling mentally, it affects their ability to engage fully at work, their relationships at home, and their overall quality of life. This is why it is essential that we take a proactive approach in addressing mental health in our workplaces. It is not just good for business; it is good for people.

    Samoa, like many other nations, is facing a rise in Non-Communicable Diseases or NCDs including those related to mental health. NCDs accounts for over 80% of all deaths and more than half the premature deaths in Samoa. Therefore, mental health conditions such as stress, depression, anxiety, and burnout are no longer issues we can ignore. In fact, mental health conditions are among the leading causes of lost workdays, lower productivity, and long term-disability worldwide.

    The Ministry of Health in Samoa has integrated mental health into our national health strategy, recognizing the importance of both physical and mental well-being for a healthy Samoa. In the workplace, we must follow suit. We cannot build a prosperous Samoa if our workforce is unwell, both mentally and physically.

    A lot of organizations including our Health Sector Partners who are

    gathered here today, both public and private have recognized the

    importance of mental health through their combined efforts such as awareness campaigns, advocacy, offering of coping platforms and mechanisms for our people to be more resilient. More workplaces are adopting policies that address mental health and are working to reduce the stigma associated with mental illness.

    However, we need to accelerate these efforts and ensure that all

    workplaces, no matter the size or sector, are places where mental health is supported.

    Let us commit to making mental health a priority in every Samoan

    workplace. We can take practical steps such as raising more awareness on mental health; develop and implement supportive policies; foster a culture of care by showing compassion and understanding toward each other; and collaborate with Mental Health Services in Samoa for counselling and support.

    In Samoa, we have a unique opportunity to lead by example. By

    prioritizing mental health in the workplace, we not only improve the lives of our employees but also enhance productivity and success of our businesses and institutions. Let us move forward with the spirit of fa’aaloalo, valuing and respecting the mental well-being of every

    individual.

    I would like to take this opportunity to acknowledge our partners and stakeholders from government, the guidance and support of the World Health Organization, development partners, the private sector, NGOs, and civil society. Thank you for your continuous support towards the work of mental health in Samoa. Your commitment demonstrates your dedication to the health of our people.

    Ladies and Gentlemen – Together, we can build workplaces that not only contribute to Samoa’s economy but also to the happiness, health, and well-being of our people.

    SOIFUA MA IA MANUIA!

    SAUNOAGA AUTU: AFIOGA FIAME NAOMI MATA’AFA – PALEMIA O SAMOA I LE SAVALI FA’APITOA – FA’ATAUAINA O LE VAIASO O LE SOIFUA MALOLOINA O LE MAFAUFAU

    Aso Tofi, 10 Oketopa 2024

    9:00am – 10:00am – Luma Maota o le Malo

    Lau Susuga i le Taitai o le Sauniga, Captain Eric Turner,

    Lau Afioga i le Sui Palemia, Afioga i le Saoali’i, Tuala Tevaga Iosefo Ponifasio,

    Paia o Minisita o le Kapeneta,

    Sui o Malo Aufaatasi ma Faalapotopotoga mai Fafo,

    Le paia ma le mamalu ua aofia potopoto,

    O le asō, ua fa’ailogaina ai e le lalolagi atoa e aofia ai ma Samoa le Aso Fa’apitoa o le Fa’atauaina o le Soifua Maloloina o le Mafaufau. Ua fa’ai’u ai fo’i ma polokalame e pei ona tapisaina ai e Samoa le Vaiaso Faapitoa mo le fa’alauiloaina o le taua o le Soifua Maloloina o le Mafaufau, e pei ona sa amata mai le Aso Sa 6, Oketopa 2024.

    Tatou ave lea o le vi’iga i le Atua, ua livaliva le foe a le tautai, ua a’e manuia taumafaiga o lenei vaiaso.

    O le soifua maloloina o le mafaufau e aofia i le fa’atulagaga fa’asaienisi o sē tasi o gasegase tumau, ua to’atele nisi ua a’afia ma maumau ai le soifua. E tusa ai ma fa’amaumauga fa’asoifua maloloina, e sili atu ma le 80% o tagata Samoa ua a’afia i gasegase tumau e a’afia ai totoga e pe’i o le suka, toto maualuga ma o’o ai ina maua i gasegase o le fatu, kanesa ma isi. O lo’o aofia ai i totonu ma le faitauga o tagata ua a’afia tumau le mafaufau i le faitauga o nei gasegase tumau. O fa’amaumauga lata mai, o le to’atele ua a’afia le mafaufau ma fa’amauina e mafua mai ona o le soona tagofia o le ava malosi. Ma ua mafuli i tupulaga talavou o lo’o nonofo i nu’u tu taulaga, o i latou fo’i nei e faigaluega.

    O le sini autū o lenei tausaga ma lona fa’amoemoe, ua ave le fa’amamafa i le soifua maloloina o le mafaufau i totonu o fale-faigaluega. O se tasi o mataupu ua le Pau, le Vau, a ua fa’atāfea i le auau e nisi tagata. Atonu e malamalama gofie pe a tatou talatala iai, ae faigata lona fa’atinoga ma e le’o lagonaina e le to’atele.

    Afai o le tele o le taimi o le tagata faigaluega e alu i totonu o le fale-faigaluega, e tatau ona tapena fa’afafine to’aga le silasila mamao i le mafaufau manuia o le aufaigaluega. E lē masino o le a si’itia se auaunaga, tele tupe maua ma fa’afiafiaina le ta’ita’i o le fale-faigaluega, o le aufaigaluega faapea ma aiga o lo’o tapua’i mai.

    E le o pō malaē le to’atele o e pele ia tatou uma, o fanau, uso ma tuafafine faapea tua’ā ua a’afia mafaufau. E le gata o i latou ua iloa āuga ma iai foliga va’aia,ae fa’apena ma nisi o lo’o a’afia i nisi o gasegase ua avea ma mafuaaga ua a’afia ai ma le mafaufau. O le popōlega tele, o le to’atele o lo’o a’afia e le’o mafai ona iloa, ma o nisi ua a’afia ma ma’imau ai le soifua ona o le pule i le soifua. Ua taotaomia le saili o se fesoasoani ona o le to’atele o lo’o a’afia i sauaga ona o le fefe ma le tusitusilima.

    E le māmā lenei mataupu, ma o le tele o lu’itau pe a a’afia le mafaufau, e le gata o le a afaina ai le auaunaga o se fale-faigaluega, ae faapēnā ona a’afia ai aiga, o fanau, faapea ma nu’u ma le atunu’u. O Samoa o lo’o fa’avae ana auaunaga tausili i so’o se fale-faigaluega i ana tu ma aganu’u, e pei o le fa’aaloalo, alofa ma le tautua matavela. O nei tu ma aga a Samoa e mafai ona fa’alautele e fai ma vaifofō ina ia maua le mafaufau maloloina o le tagata faigaluega.

    O se fa’amalosi mo fale-faigaluega uma faapea ma ta’ita’i o Samoa, e tāua tele la tatou pitolaau fai fa’atasi. Afai e lagonaina e so’o se tagata faigaluega o lo’o iai tu ma aga e pei o le alofa ma le fa’aaloalo, e ta’ita’itama ai le fa’atinoga o le galuega, o le a si’itia ma maoa’e so’o se auaunaga, o le a telē le lagolago a le aufaigaluega, ma fa’atuatuaina ta’ita’i o so’o se fale-faigaluega.

    O le fesili – O a nisi taumafaiga tatou te galulue ai ina si’itia le soifua maloloina o le mafaufau i totonu o se fale-faigaluega? Ia tatou:

    • Lagolago ma fai le fale-faigaluega o se nofoaga e fiafia ai tagata e galulue.

    • Ia saogalēmū le fale-faigaluega mo tagata uma, e aunoa ma le tusitusi lima ma le fa’ailoga tagata

    • Ia amanaia le taimi e tatau ona mālōlō, ma mafuta ai le tagata faigaluega i lona aiga

    • Ia fa’atino ni a’oa’oga e si’itia ai le malamalama o ta’ita’i o fale-faigaluega i le tāua o le soifua maloloina o le mafaufau.

    E toe fia fa’aleo le tele o taumafaiga a Samoa ua iai, e pei ona iai le saunoaga a le Afioga i le Sui Palemia i lana saunoaga autū i le Aso Sa, na tatalaina ai lenei Vaiaso Faapitoa mo le mafaufau maloloina.

    – O galuega ma auaunaga e tauala atu le Matagaluega a le Soifua Maloloina, ua amanaia ma tu’ufa’atasia ai vaega o le siakiina o so’o se gasegase, e le gata i le tino ae ua aofia ai ma le mafaufau. O lenei taumafaiga, ua tatau ona fa’ata’ita’i ma fa’atino e fale-faigaluega, e le gata o le ausia o galuega a le aufaigaluega, ae ia silasila toto’a i a’afiaga o le soifua maloloina o le mafaufau.

    – Ua tele polokalame fa’alauiloa, o auaunaga mo le fa’atalatalanoaina o i latou ua a’afia, faapea ma faigafa’avae ma tulafono mo le unaia o le soifua maloloina o le mafaufau.

    – Ua tele polokalame ma auaunaga e taofi ma fa’atonutonu ai mafuaaga fa’avae o le a’afia ai o le mafaufau e pei o le ava malosi ma le tagofia o fualaau fa’asaina.

    Ae peita’i, o lo’o mana’omia ona fa’aauau ona tapisa lenei mataupu i auala saogālēmū, alofa lē fa’atuāoia, ma aua ne’i iai se tusitusilima. E mo’omia na lalago fa’atasi auaunaga fa’asoifua-maloloina ina ia si’itia faigafa’avae ma tulafono e aofia ai vaega o le mafaufau manuia e aunoa ma le fa’aitū-au.

    O le pitolaau a aiga, āoga, fale-faigaluega, nu’u aemaise ekalesia o le ogatotonu lea o le fa’avae o le soifua maloloina e aofia ai ma le mafaufau manuia.

    E toe momoli le agaga fa’afetai i a tatou auaunaga ma fale-faigaluega ua potopoto lenei aso, i lā outou lagolago i lenei fa’amoemoe. E fa’afetaia a tatou paaga uma fa’asoifua maloloina faapea ma auaunaga o lo’o fa’aauau ona galulue mo le soifua maloloina o le mafaufau.

    Ou te fiafia tele e fa’alauiloa ai fo’i le fa’amae’a ai o fa’atinoga uma o le Vaiaso Faapitoa o le Soifua Maloloina o le Mafaufau i Samoa i le asō.

    Agalelei le Atua i fuafuaga o lenei aso, aemaise fo’i le aga atu mo le Aso Sa faapitoa o le fanau.

    SOIFUA

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  • MIL-OSI Asia-Pac: KEYNOTE ADDRESS BY HON. TUALA TEVAGA IOSEFO PONIFASIO, HON. ACTING PRIME MINISTER/ DEPUTY PRIME MINISTER/ ACTING MINISTER OF HEALTH MENTAL HEALTH WEEK – OFFICIAL OPENING CEREMONY (EFKS AAI-O-NIUE @ 3.30PM)

    Source: Government of Western Samoa

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    Rev. Efu Efu,

    Cabinet Ministers,

    Members of the Parliament,

    Members of the Diplomatic Corps,

    Heads of Governments and Non-Government Organizations,

    Members of the National Mental Health Committee

    Congregation,

    Ladies and gentlemen,

    I am humbled to stand before you today to address a topic that touches the very core of our society – mental health in Samoa. As we gather here today, we are united by a shared commitment to addressing one of the most pressing issues facing our people.

    In Samoa, our culture and sense of community – our ‘Fa’asamoa’ – are our greatest strengths. Our traditions of togetherness, family, and spirituality have sustained us through many challenges. Yet, mental health is a challenge that requires us to confront uncomfortable truths and break the silence that surrounds it.

    Starting today until the 10th of October is the Commemoration of the Mental Health Week in Samoa, with the main objective of raising awareness on mental health issues and to mobilize efforts in support of mental health. This week’s celebration is parallel with the World Mental Health Day that is commemorated every year globally.

    The theme for this year’s Mental Health Week is– ‘Healthy Minds, Healthy Workplaces’. It is an issue that is often overlooked but is increasingly essential in today’s world. We all know that our work plays a significant role in our lives. It is not only a source of income, but also a place where we spend much of our time, contribute to society, and build our identities. However, while we talk a lot about productivity, performance, and success in our workspaces, we don’t talk enough about something just as important, our mental health.

    In Samoa, mental health is often misunderstood or hidden. Many of our people suffer in silence, believing that mental illness is a sign of weakness or a curse. But mental health issues, like depression, anxiety, and stress, are not signs of personal failure – they are illnesses that require care and compassion. These mental health issues have become increasingly common in the workplace, yet many still go unaddressed. In fact, globally it is estimated that one in five employees will experience a mental health challenge in any given year. And yet, many people are hesitant to talk about their mental health at work for fear of being judged, overlooked, or even discriminated against.

    When workplaces neglect mental health, the consequences can be costly, not just in human terms, but financially as well. When an employee is struggling with mental health, their performance may suffer, leading to missed deadlines, errors, or conflicts with colleagues.

    Beyond the economic cost, the personal toll is immense. Employees who face mental health challenges in silence can feel isolated, stressed, and burnt out.

    Our country has seen rising rates of mental health issues, particularly among our youth. The pressures of modern life, unemployment, academic stress, and family conflicts contribute to feelings of hopelessness and isolation. Suicide has tragically become a reality for too many of our young people. The fact that Samoa has one of the highest youth suicide rates in the Pacific should give us all pause. The recent reports stated that majority of people at risk of developing mental disorders are middle aged men living in urban areas and working. Other recent studies indicate that males of less that 30years who were unemployed and living in Apia urban area, were more likely to experience psychological distress due to contributing factors such as alcohol use. Young adults aged 18-29 years living in Apia urban area were more likely to report symptoms of psychological distress than those in other areas. Women were more likely to report symptoms of psychological distress compared to men. Therefore, most of us working and employed are at risk of developing mental disorders and psychological stress.

    Behind these statistics are real stories of our sons and daughters, brothers and sisters, whose lives could have been saved with better mental health support.

    We cannot talk about mental health in Samoa without addressing the stigma. Mental illness is often perceived through a lens of shame, leading many to avoid seeking help. In many cases, mental health conditions are seen as a spiritual or supernatural issue, which delays access to proper care. This stigma prevents open conversations, leaving people feeling alone in their suffering.

    Samoa has made significant strides in addressing mental health, recognizing it as a crucial component of public health. Mental health has been integrated into its national health strategy, reflecting a commitment to addressing mental health as a public health priority. One of the key efforts is the integration of mental health services into primary health care in ensuring that mental health is treated alongside physical health, allowing people to seek help within their local health facilities. The Samoa government and various NGOs launched public awareness campaigns to combat stigma and encourage open discussions about mental health.

    Samoa works closely with international organizations such as the World Health Organization to enhance its mental health services. Some of the local organizations have launched suicide prevention programs, particularly focused on vulnerable groups such as youth. Treatment and care are provided through the Mental Unit at the main hospital in Apia which offers inpatient and outpatient care for those with severe mental health conditions. With extensive care of these patients, service is supported and provided by the GOSHEN Trust. Churches and other organizations such as the Salvation Army have played a pivotal role in promoting mental health particularly programs that focus on building resilience, emotional intelligence, and coping mechanisms. These programs aim to empower our people especially the youth to manage stress, anxiety and reducing the risk of more severe outcomes such as suicide.

    Despite these combined efforts, Samoa still faces several challenges in addressing mental health. These include the resource limitations including shortage of trained mental health professionals in Samoa. Mental Health services are often concentrated in urban areas. There are also geographical barriers and cultural stigma, making it hard for individuals to seek help openly.

    There is still much work to be done, particularly in expanding access to services and reducing stigma. Continued collaboration, investment, and community engagement will be essential to ensure that every Samoan can receive the mental health care they need.

    I would like to reiterate that there is no health without mental health. Therefore, I would like to invite everyone who is present here today, to show your support by joining the National Mental Health Committee and the Health Sector, to the Mental Health Parade. This will be held on Thursday 10th October, which starts from the Fire and Emergency Station and ends in-front of the government building, to end the activities of this important event.

    I acknowledge the support of all our development partners, churches, NGOs, civil society and the wider community towards the work of mental health in Samoa.

    SOIFUA MA IA MANUIA.

    SAUNOAGA AUTU ALE AFIOGA TUALA TEVAGA IOSEFO PONIFASIO

    AFIOGA ILE SUI PALEMIA / SUI MINISITA OLE SOIFUA MALOLOINA

    O LE POLOKALAME O LE “FA’ATAUAINA O LE SOIFUA MALOLOINA O LE MAFAUFAU”

    (EFKS, AAI-O-NIUE I LE 3:30 ILE AOAULI)

    Lau Susuga le Ta’ita’i o le Sauniga,

    Lau Susuga i le Faifeau Toeaina, Susuga i le Fa’afeagaiga

    o le EFKS i Aai-o-Niue nei, Rev. Efu Efu,

    Sui Mamalu o le Kapeneta,

    Le paia o Sui o Malo Aufaatasi,

    Ta’ita’i o Matagaluega ma Faalapotopotoga Eseese,

    Paaga uma a le Soifua Maloloina,

    Le mamalu o le Ekalesia nei i Aai-o-Niue, i ona tupu ma e’e faapea ma le potopotoga,

    O paia ma mamalu, o lā le Atua ia, aua o Samoa ua uma ona fa’ataotooto ana tofiga. Nu’unu’u atu ia fa’atini o tausala.

    Ua tala mai le lagi le mamalu o le Atua, o lē e ou vi’iga na sa’afi ma talatala i ai le susuga i le fa’afeagaiga toeaina. Mua ia le fa’apolo i le taliuta, aua o le Atua o Samoa ma lona vi’iga.

    E fia momoli le agaga fa’afetai i lau susuga i le toeaina, mo le taulaga osi o lenei aso, ma fa’anōnōmanū ai aua lenei fa’amoemoe taua. O le Atua pulepule tetele na te fa’afo’i le mau e tele i lau Susuga aua faiva o tapuaiga mo si o tatou atunu’u.

    O tausaga ta’itasi i le aso 10 Oketopa e fa’amanatuina ai e le lalolagi e aofia ai ma Samoa, le Aso Faapitoa o le “Fa’atauaina o le Soifua Maloloina o le Mafaufau”.

    Ua tolu ai nei o tausaga, ua fa’amanatuina ai e Samoa lenei aso fa’apitoa i le vaiaso atoa. E amata atu nei e tau le Aso Tofi, 10 Oketopa, ua fa’ailogaina ai e Samoa lenei vaiaso taua. O le sini autu o lenei fa’amoemoe, ina ia fa’aauau ona tapisa ma talanoaina le taua o le soifua maloloina o le mafaufau.

    O le anavatau po’o le sini autū o lenei tausaga, ua ave le fa’amamafa i le ‘Soifua Maloloina o le Mafaufau i Totonu o Fale-faigaluega’. O le fale-faigaluega, o se nofoaga po’o se vaipanoa lea o lo’o tele ina mafuta ai tagata faigaluega i aso uma. E ave ai lana fa’amuamua ona o lo’o maua mai ai le alagātupe mo le tausiga o lona aiga. O lo’o mafai ona fa’aauauina ai le maua o tomai ma agava’a, ma toe si’itia ai le malamalama. E mafuta ma feiloa’i ai le tele o tagata eseese. O le nofoaga e tausi ina ia mamā lona si’osi’omaga, ma ia mautinoa o lo’o fa’atino galuega a le aufaigaluega ina ia si’itia tupe maua a le fale faigaluega.

    Ae pe’ita’i e tele ina galo ona talatala ma tali le fesili – “O a mai oe?” O tua atu o lenei fesili o lo’o afīfī ai i totonu le ‘anofale o le fale-faigaluega, o le mafaufau manuia o le tagata faigaluega. Po’o le a le lelei o le totogi, mautū ta’iala ma faigafa’avae, lelei le tino-i-fale o le fale-faigaluega, ae a a’afia le mafaufau o le tagata faigaluega, e faia fua le galuega. A la’ititi fo’i le totogi e le tusa ai ma le galuega fa’atino, e ono o’o ai ina a’afia le mafaufau, ona ua tele mea fai ae le lava le fa’asoa. Ona fa’asolo ai lava lea i le li’o lea, ma ono o’o ai ina le faigaluega le isi tagata, ona o a’afiaga o le mafaufau. O se fa’afitauli fa’amata e le o iloa atu, ae se’iloga ua talanoa ma fa’asoa ai, ona fa’atoa lagona lea e le tagata o le mea moni o lo’o tupu.

    Ua to’atele tagata ua a’afia le mafaufau ona o le tele o mafua’aga. O se mataupu e tele ina lē amana’ia ma leai se fa’amamafa. O le to’atele o tagata ua a’afia le mafaufau, fa’atoa iloa lava ona ua i ai foliga va’aia, ma ua o’o i o’oo’oga. Ae o le to’atele o lo’o a’afia, e le o mafai ona iloa ona o mafua’aga e pei o le; leai o se malamalama i āuga o le a’afia o le mafaufau, o le māasiasi ona o le tusitusilima ua le mafai ona alu e saili ai se fesoasoani, ua fai ma vaisū tu ma aga o lo’o mafua ai e pei o le tagofia o le ava malosi ma laau faasaina, ua leai se lagolago a aiga, matua, nu’u ma le ekalesia. I totonu o le fale-faigaluega ua leai se lagolago a le pule, o tagata faigaluega, faapea isi tagata.

    O le to’atele o lo’o noanoatia ma tutupu ai fa’afitauli e pei o le sauāina i totonu o aiga, nu’u po’o le fale-faigaluega. Ona tupu ai lea o le musuā e talanoa ma fa’asoa e saili fesoasoani. Ua sili atu le mā ma fefe e talanoa atu ona o le popole i le tusitusi lima, ma ua leai se fa’atuatuaga o nisi tagata e ono maua ai le fesoasoani. O nisi o āuga o le mafaufau ua a’afia, a tele galuega ona saili lea o le mea e mapu i ai e pei o le tagofia o le ava po’o laau fa’asaina e tua iai. Ae peita’i, o ī tonu o lo’o amata ai lava le vaisu ma le masani lea ma ono o’o ai i se tulaga ua le mafai ona tu’u, ma i’u ina a’afia ai le mafaufau.

    O fa’amaumauga lata mai i totonu o Samoa, o le toatele lava ua a’afia mafaufau e mafuli aga’i i tupulaga talavou. Ona o le tele o fesuiaiga o tu ma aga, o fa’alavelave i totonu o ā’oga, o āiga, fa’apea ma fale-faigaluega, o lo’o mafua ai le tele o a’afiaga o le mafaufau. O le to’atele o i latou ua maualuga le tulaga o le ono a’afia ai o le soifua maloloina o le mafaufau e mafuli i le itupa o ali’i mai le vai-tausaga 30 aga’i luga le matutua. O le to’atele foi, e nonofo i nofoaga tu taulaga.

    O nisi o tupulaga talavou e i lalo ifo o le 30 tausaga le matutua o lo’o faamauina le a’afia o le mafaufau ona o le tagofia o le ava malosi, ma e le faigaluega. E tusa ai ma fa’amaumauga, o le to’atele o tinā ma tama’ita’i ua o’o le tulaga o le a’afia o le mafaufau pe a fa’atusa i ali’i. O le popolega, ona o nisi ua a’afia le mafaufau ua o’o ina a’afia ai le soifua, aemaise lava i le tulaga o le pule i le soifua.

    O nei fa’amaumauga, e fa’amausalīina ai le tatau ona una’ia ma ave le fa’amuamua i le soifua maloloina o le mafaufau. E le gata i ona a’afiaga, ae o mafua’aga fa’avae e ala ai ona fa’atino e tagata soifua tu ma aga ma o’o ai ina a’afia.

    Ua tele taumafaiga a le Malo o Samoa e tauala atu i le tatou Matagaluega o le Soifua Maloloina ma ana pa’aga galulue, ina ia una’ia le soifua maloloina o le mafaufau. E ui ua i ai ta’iala ma faigafa’avae e ta’ita’itama ai le galuega, o auaunaga e pei ona iai togafitiga ma fa’atalatalanoga, o fa’alauiloa ma polokalame i nu’u ma afio’aga. Ae peita’i, e le o mafai ona fa’aitiitia ai le tele o fa’afitauli.

    O le agaga maualuga, e manuia a tatou taumafaiga, pe afai e lalago fa’atasi tagata uma. O se mafaufau manuia e afua mai totonu o aiga, ekalesia, nu’u, fale-faigaluega ma le Malo. Ia tatou opogi fa’atasi ma fa’asoa, ia taofi le tusitusilima ma le fa’alumaluma, ia saili avanoa e lagolago ai so’o se tagata soifua. Ae aua le sili musa ia tatou ona toso i lalo le isi uso a tagata ma ana taumafaiga. Po’o totonu o le fale-faigaluega, o ekalesia, totonu o le aiga, e taua le galuega a ta’ita’i, o matua, o matai, fa’apea ma le lagolago a tagata ta’ito’atasi, ina ia manuia tagata uma, ma ia sapaia mea uma i le alofa. O le alofa lea o le Atua e lē fa’atuāoia.

    E momoli le fa’amālō i le lagolago a tatou pa’aga galulue, o ekalesia, o so’o se fa’alapotopotoga fa’apea nu’u ma alalafaga aua lenei fa’amoemoe taua.

    E tatalo atu ai i le paia ma le mamalu o le auvala’aulia, ina ia fa’ailoa lau lagolago e ala i lou auai i le “Savali mo le Mafaufau Manuia”, Aso Tofi, 10 Oketopa 2024, e amata atu luma o le Ofisa o Tinei Mu fa’asolo atu luma o le Maota o le Malo i Matagialalua i le 7.30 i le taeao.

    Manuia tele toe taimi o le Aso Sapati Paia o le Atua soifua. Faafetai

    Soifua ma ia manuia !!

    Ata Pueina – Matagaluega o le Soifua Maloloina

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  • MIL-OSI USA: California exceeds another clean energy milestone

    Source: US State of California 2

    Oct 15, 2024

    What you need to know: California’s battery storage capacity has surged by more than 3,000 MW in the last six months alone, now exceeding 13,000 MW total — a 30% increase as the state endured its hottest summer on record. 

    SACRAMENTO – California’s battery storage capacity has expanded rapidly, increasing by 3,012 megawatts (MW) in just six months to reach a total of 13,391 MW. This growth marks a 30% increase since April 2024, underscoring the state’s swift progress in building out clean energy infrastructure, especially during a summer marked by record-breaking heat. 

    Within the past five years, California has grown its battery storage capacity by more than 15 times, up from just 770 MW in 2019. To put this progress into perspective, it took the state nearly five years to reach 10,000 MW in early 2024 but just six months to add the most recent 3,000 MW.

    “We’re cutting pollution by adding more clean power to our grid. That means rapidly expanding battery storage to capture more of this clean energy that’s produced during the day, like solar, for when it’s needed when the sun goes down. These are the essential resources that we’ll continue needing more of as the climate crisis makes heat waves hotter and longer.”

    Governor Gavin Newsom

    Deploying battery storage is a critical component of the state’s climate and clean energy goals. The state is projected to need 52,000 MW of energy storage capacity by 2045. Today, it’s a quarter of the way there.

    Increasing storage allows California’s grid to store energy from clean energy sources like solar during the day and use it during peak demand in the evening. Ramping up battery storage is a key part of Governor Newsom’s energy roadmap for achieving the state’s ambitious climate goals and a 100% clean electric grid.

    Strengthening grid stability and clean energy resources

    The recent surge in battery storage has significantly enhanced California’s ability to maintain grid stability during extreme weather. Throughout the summer of 2024, battery storage reliably discharged to support the grid during the net peak hours – a critical stretch of the day when the sun sets and solar resources rapidly go offline.

    Battery storage discharge to the grid increased from 6,000 MW this spring to more than 8,000 MW this summer. 

    Programs like the California Energy Commission’s Demand Side Grid Support (DSGS) are also playing a crucial role in grid reliability. This summer the program reached 515 MW of capacity to reduce grid stress during extreme conditions. The program includes one of the largest storage virtual power plants in the world with a capacity exceeding 200 MW. The virtual power plant works by tapping into a network of customer-owned battery storage systems which are typically paired with solar. Together, the individual devices provide power back to the grid. By leveraging energy assets, DSGS helps reduce the use of fossil-fuel power and supports California’s transition to a 100% clean electric grid. 

    California’s clean energy leadership

    The state continues to set clean energy records. From January through September, clean energy supply equaled or exceeded demand in the California Independent System Operator (CAISO) service area for 1,084 hours over 179 different days. That’s equivalent to more than 45 days of meeting demand with 100% clean electricity. In August, solar energy serving the grid reached a new peak of 19,600 MW. 

    Governor Newsom has committed billions of dollars to accelerate clean energy infrastructure development across the state and it is making an impact, helping to fast-track projects needed to meet California’s climate and energy goals.

    Governor Newsom has taken unprecedented action to streamline clean energy infrastructure and invest billions of dollars to build more faster. Find clean energy projects in your community at build.ca.gov.

    Recent news

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    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Joe Shea, of Los Angeles, has been appointed Assistant Secretary for Salton Sea Policy at the California Natural Resources Agency. Shea has served in several positions at the Office of…

    News What you need to know: New measure will help prevent price spikes that cost Californians upwards of $2 billion last year, giving the state more tools to require that petroleum refiners backfill supplies and plan ahead for maintenance. SACRAMENTO – Today,…

    MIL OSI USA News

  • MIL-OSI Australia: NSW sets target to boost billion-dollar screen and digital games industries, supporting thousands of jobs

    Source: New South Wales Ministerial News

    Published: 16 October 2024

    Released by: Minister for the Arts


    Supporting Australian storytelling, developing the next generation of creative talent, and a plan to grow the digital games sector are the key priorities of the new three-year screen and digital games strategy.

    The NSW screen industry added almost $1.1 billion to the state economy in 2021-22 and is currently home to 51% of Australia’s screen production, and 49% of post-production businesses. To ensure NSW remains the leading screen state, the NSW Screen and Digital Games Strategy will:

    Invest in developing local talent and audiences, including:

    • $1 million pilot program to address skills shortages will be developed and rolled out with TAFE, AFTRS and NIDA to fast-track entry level and mid-career below the line practitioners in the below the line workforce.
    • $200,000 IP option fund to give producers the ability to purchase IP rights to turn home-grown novels, non-fiction work and podcasts into screen and gaming content, so we have more Australian stories on screen.
    • $200,000 Community Film Festival Opening Night Fund will support communities share the vibrancy of screen stories with audiences from diverse and underrepresented backgrounds, by bringing them together to enjoy screen community film festivals.

    Role of Screen NSW

    • New film friendly legislation will be introducedto ensure a strengthened standard of working.
    • Address impacts of Artificial Intelligence (AI) on the sector: Screen NSW will convene an industry working group to help develop an Australian industry response to AI, and review funding guidelines.
    • Priority hotline: The Head of Screen NSW will be given the authority to escalate critically urgent production issues for an urgent government response.

    Supporting infrastructure

    • Addressing the critical shortage of filming infrastructure in NSW, the NSW Government will develop new partnerships with the private sector to explore alternate options for studio space, including a second studio and Callan Park.
    • Centre for Screen culture and digital innovation. Working with local government and industry partners, the NSW Government will support plans to establish a hub for creative workers across the industry.

    Focus on developing digital games industry

    The $466 billion global digital gaming industry is highlighted as an enormous opportunity. New incentives to support games production and increase NSW revenue for digital games to $406.39 million in 2027-28 include:

    • Reducing Digital Games Rebate NSW expenditure minimum from $500,000 down to $350,000. The Rebate is designed to nurture homegrown developers, attract and retain work and talent to the state, and accelerate growth in the NSW digital games sector. While many larger, established studios currently access the Rebate, the lowered threshold mean it will now be more accessible to a broader range of digital games companies in NSW, including many independent studios that currently operate in the state. 
    • Increased investment in the Digital Games Seed Development Program and Market Travel Programs. A flourishing games industry is one that includes large and small developers, an investment of$1.5 million over three years will support digital games producers to essential skills and build their industry networks and knowledge.

    Minister for the Arts John Graham said:

    “Our people, our stories, and our skills – these are the reasons why more than half of Australian screen production happens here in NSW. This strategy sets out how the government and the industry could work together to build on that.

    “While there has been a recent slowdown in global screen production, the Federal Government’s increased location offset will see Australia gain a greater share of that market. This strategy recognises the opportunities that brings, as well as the pressure that puts on NSW production facilities.

    “We have identified ways of cutting the red tape that has made NSW a ‘No’ state when it comes to attracting productions. Backed by the introduction of a NSW Screen and Digital Games Act, we aim to make NSW a ‘Yes’ state.

    “For the first time in NSW, we are putting digital gaming front and centre. This strategy sets out a ‘hothouse’ approach that backs existing high performing producers to support the ambitious target of 20% compound annual growth in the sector.”

    Head of Screen NSW Kyas Hepworth said:

    “I am thrilled to be able to drive this strategy and provide a path forward for our sector, working towards a vibrant and sustainable future for all screen practitioners and game makers in NSW.

    “Storytelling has the power to unite and inspire, and as a state with such a rich depth of talent, we strive to be known as the place to create compelling stories. This is an exciting time for our sector as, while developing this strategy, we have taken stock of where the industry is at and looked forward to where we want to be in the next three years. This has informed our strategy and with this vital support we want to move forward with the industry and take it to new heights.

    “I am confident this strategy will provide assurance that Screen NSW are committed to supporting NSW stories and storytellers.”

    Background

    The strategy outlines four strategic priority focuses to support and sustainably grow the screen and digital games sector. These include:

    • Creating stories: We lead the way in making enriching, high calibre stories and cultural content for local and global audiences.
    • Building sustainable growth: Our businesses are globally recognised, connected and competitive. High quality, accessible spaces help them grow and create jobs that are future proofed and sustainable.
    • Improving capacity and capability: We set best practice standards to ensure workers have career pathways, are respected, safe, appropriately remunerated and supported in their career ambitions.
    • Developing audiences to increase demand: Local content finds and delights diverse audiences locally and around the world.

    New legislation: The strategy includes proposed new legislation to ensure screen friendly approaches across local councils and state government agencies.

    In 2025, the NSW Government will introduce the NSW Screen and Digital Games Act to strengthen NSW as a film-friendly jurisdiction, reduce red-tape and provide the highest level of cooperation across government with filmmakers to maximise opportunities for the sector. This will strengthen elements of the Making NSW Film Friendly Premier’s Memorandum and incorporate an updated Local Government Filming Protocol.

    Renewed Screen NSW agency: The strategy will provide Screen NSW with greater independence and will build its capacity to continue to strengthen and grow the industry. This will mean:

    • Shortening investment approval timeframes, contracting and payment terms.
    • Legislation will be introduced for the Film and Television Industry Advisory Committee to include digital games representation and renaming the board to reflect this update.
    • The Head of Screen NSW will be given the authority to escalate critically urgent production issues for an urgent government response.

    The full strategy available is here: Screen NSW – NSW Screen and Digital Games Strategy

    MIL OSI News

  • MIL-OSI Asia-Pac: Union MoS for Health and Family Welfare Smt. Anupriya Singh Patel addresses 19th International Conference of Drug Regulatory Authorities

    Source: Government of India (2)

    Union MoS for Health and Family Welfare Smt. Anupriya Singh Patel addresses 19th International Conference of Drug Regulatory Authorities

    ICDRA is crucial in sharing knowledge, building partnerships, and working in harmonisation to ensure safe and effective medicines for everyone: Smt. Anupriya Singh Patel

    “New rules and regulatory procedures introduced in India such as New Drugs and Clinical Trial Rules 2019 and Medical Device Rules 2017 have promoted scientific and ethical research at par with global expectation and international practices”

    “Gaining of affiliate membership of IMRDF and recognition of Indian Pharmacopoeia by the Pharmacopoeial Discussion Group are milestones marking the harmonisation and recognition of regulatory standards”

    Quality medicines improve the quality of life, human productivity as well as the way of life. This year’s ICDRA is crucial for its commitment to strengthen regulatory environment worldwide, especially coming after the Covid-19 pandemic: Dr VK Paul, Member, NITI Aayog

    “India licenced 8 vaccines for use during the pandemic through a proper regulatory process. Different variants of vaccines including mRNA, DNA, nasal vaccines etc were available for a fraction of the cost of other vaccines that were available in the world”

    Posted On: 16 OCT 2024 11:51AM by PIB Delhi

    “ICDRA is crucial in sharing knowledge, building partnerships, and working in harmonisation to ensure safe and effective medicines for everyone. How well are we doing in regulation – our efforts can lead to better health outcomes for people all over the world.” This was stated by Smt. Anupriya Singh Patel, Union Minister of State for Health and Family Welfare during her address at the 19th International Conference of Drug Regulatory Authorities (ICDRA), here today. Dr VK Paul, Member (Health), NITI Aayog was also present.

    The event which is being hosted for the first time in India, from 14th – 18th October by the Central Drugs Standard Control Organization (CDSCO), Ministry of Health and Family Welfare, in collaboration with the World Health Organization (WHO) brought together regulatory authorities, policymakers, and health officials from over 200 countries.

    Addressing the session, Smt. Patel emphasized on the new rules and regulatory procedures introduced in India. She said, “new regulations published in the areas of clinical trial as New Drugs and Clinical Trial rules 2019 and Medical Device Rules 2017 have promoted scientific and ethical research at par with global expectation and international practices. The medical device rules include risk-based classification, bringing all devices under regulation through registration and framing regulatory pathway.” She further stated that “there is robust pre-approval and post approval regulatory procedures of all medical devices, diagnostics managing product lifecycle indicating robust control.  We are collaborating globally with international organizations such as IMDRF, ISO, WHO and regional network like SEARN to harmonise regulatory requirements in the area of medical devices and diagnostics.”

    The Union Minister noted that India has been recently recognised as an affiliate member of IMDRF. “Recognition of Indian Pharmacopoeia by the Pharmacopoeial Discussion Group (PDG) is another milestone marking the harmonisation and recognition of regulatory standards”, she added.

    Smt. Patel highlighted that the recently published revised Schedule M, aligned with WHO requirements of good manufacturing practices for various products including biologicals, investigational products, further establish the harmonisation goal. “This coupled with e-governance for all regulatory procedures have established good regulatory practices in the regulation of medical products in India”. She also informed that “AMR containment is another priority area in which India is building its strategy for effective management and control.”

    Lauding WHO’s efforts in upgrading the regulatory systems of different countries, Smt. Patel stated that “the way WHO promotes partnership, reliance, experiential learning, pharmacovigilance systems, anticounterfeiting technologies and monitoring systems and reduction in use of animal experimentation need a word of appreciation. What is more important is the model of collaboration, deliberation and inclusive decision making which bring all the stakeholders together for best outcome.” On this note, Smt. Patel also underscored India’s commitment to work closely with WHO in contributing to many of these areas. “We have wealth of knowledge and appreciation for inclusive processes. Hosting ICDRA is a demonstration of our intent and commitment towards Global Public Health”, she said.

    On the Government’s commitment to Healthcare, the Union Minister said that “the focus is on building a strong healthcare system that meets the needs of our population. Programs like Ayushman Bharat ensure that over 500 million people have access to quality healthcare. This shows our commitment to making healthcare a right for everyone, not just a privilege.”

    She also highlighted the Union Government’s enthusiasm about how Artificial Intelligence (AI) is changing the face of healthcare. “AI can assist us in making quicker decisions, enhancing patient care, and speeding up research. By adopting new technologies, we can offer improved services to our people and achieve better health results”, she said.

    The Union Minister concluded her address by urging everyone to work together for a healthier future. “The ICDRA is not just a conference; it is a chance for us to collaborate, innovate, and support one another in our shared mission for better health for all”, she stated.

    Speaking on the occasion, Dr VK Paul said that “quality medicines improve the quality of life, human productivity as well as the way of life.” He said that this year’s ICDRA is crucial for its commitment to strengthen regulatory environment worldwide, especially coming after the Covid-19 pandemic.

     

    Dr Paul highlighted the efforts being taken on healthcare sector by the present government such as the launch of the world’s largest health assurance scheme and a massive effort being taken in digital health. He said the future of healthcare in India and the world will be driven by technology and noted that India with its rich talent pool, strong government initiatives on digital health and medical infrastructure can be a driver of this change.

    Dr Paul informed that India licenced 8 vaccines for use during the pandemic through a proper regulatory process. He noted that India developed different variants of vaccines including mRNA, DNA, nasal vaccines etc which were available for a fraction of the cost of other vaccines that were available in the world.

    He also pointed out India’s heritage of a rich traditional system of medicines being practiced for hundreds of years. He underscored the importance of mainstreaming such traditional medicinal practices which can aid in improving the healthcare of people.

    Dr Rajiv Bahl, Secretary, Dept of Health Research and DG, ICMR highlighted the crucial role of regulators in health research. He said, “In the first three months of the pandemic, India developed indigenous tests at one-fortieth of the cost. Similarly, within nine months of the pandemic, India approved a Covid-19 vaccine.” He informed that three diagnostic tests have also been developed for MPox which were approved by CDSCO.

    Dr Yukiko Nakatini, Assistant Director-General, WHO noted that ICDRA 2024 is the first ICDRA after the Covid-19 pandemic. She noted that one urgent need highlighted by the pandemic was the need for a strong regulatory system. Dr Yukiko also congratulated India for its achievement of retaining Maturity level III for vaccine regulation.”

    Ms. Kimberlee Trzeciak, Deputy Commissioner, US Food and Drug Administration, USA highlighted the opportunities and risks brought about by the introduction of advanced drug manufacturing practices as opposed to the traditional methods. She also emphasized on the need to ensure compliance with quality and underscored the importance of collaboration between drug regulatory bodies across the world.

    Dr Rogerio Gasper, Director, Regulation and Prequalification Dept., WHO; Dr Rajiv Bahl, Secretary, Dept. of Health Research and DG ICMR; Dr. Rajeev Singh Raghuvanshi, Drugs Controller General of India; Shri Rajiv Wadhawan, Advisor (Cost), Health Ministry; Dr Roderico H. Ofrin, WHO Representative to India; Mr. Hiiti Sillo, Unit Head, Regulation and Safety, WHO Dept of Regulation and Prequalification and senior officials of the Union Health Ministry were present at the event.

    ***

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Minister of State for Communications inaugurates the International Conference of Telecom Regulators, being organized by TRAI

    Source: Government of India (2)

    Posted On: 16 OCT 2024 12:18PM by PIB Delhi

    Minister for State for Communication (MoSC) Dr. Chandra Sekhar Pemmasani inaugurated a one day International Conference of Telecom Regulators today in the presence of, Ms. Doreen Bogdan-Martin, Secretary General of International Telecommunication Union (ITU), Mr. Mats Granryd, Director General, GSMA, Shri Anil Kumar Lahoti Chairman TRAI.  While inaugurating the conference, Hon’ble Minister of State for Communications Dr. Pemmasani highlighted the spectacular growth of ICT sector in the country, particularly the fastest deployment of 5G services and quick adoption of digital technologies in the country. He also shared about the growth of digital economy and conducive regulatory environment and related factors that contribute to such growth. 

    During the inaugural session, message of Minister of Communication, Shri Jyotiraditya Scindia was read out by Shri Atul K. Chaudhary, Secretary, TRAI. In his message MoC  stressed that regulators hold a sacred responsibility to safeguard the interests of consumers, alongside their myriad duties. He further stated that Evolution of NTNs will unlock new vistas, expanding the horizons of communication technologies and fostering innovative use cases and applications across diverse sectors, ultimately serving the greater good of society and advancing our collective journey toward the United Nations Sustainable Development Goals (UN SDGs). He called upon regulators to deliberate issues related to craft frameworks for OTT communication.

    The speakers at the inaugural session included Ms. Doreen Bogdan Martin, Secretary General, ITU, Mr. Mats Granryd, DG, GSMA, Mr. Anil Kumar Lahoti, Chairman, TRAI.  Earlier Mr. Atul Kumar Chaudhary, Secretary, TRAI welcomed all the delegates to the conference.   Mr. Anil Kumar Lahoti, Chairman, TRAI mentioned in his address that TRAI has been proactively engaging in many international multilateral activities pertaining to ITU at global level and also at regional level through platforms like APT/SATRC, ASEAN etc. TRAI has hosted many conferences in collaboration with ITU, APT and with other international regulators both in India and abroad.

    This conference is being conducted in concurrence with ITU World Telecom Standardization Assembly (WTSA-24) and India Mobile Congress (IMC-24) being organized in New Delhi. Delegates representing ITU member states, policy makers, regulators, and technology partners across the world besides other stakeholders have converged in New Delhi for attending these prestigious events.  Making best use of this opportunity, TRAI is hosting this one-day international conference. The theme of this conference is ‘Emerging Trends in Regulation’ and it is proposed to cover important topics such as Regulatory Perspective in Standardization, Regulatory Aspects of Satellite Communication, including other Non-Terrestrial Networks and Regulatory Outlook for OTT Communication Services. 

    During the inaugural session, a Memorandum of Understanding (MoU) was signed between TRAI and the Communications, space and technology commission (CST), the regulator of Saudi Arabia.  Through signing of this bilateral agreement, both sides have formalized their long standing bi-lateral relations and shall initiate many collaborative activities in the days to come.  TRAI has more than 20 such bi-lateral agreements with international regulators/organizations which give opportunities for mutual consultations and collaborations on many regulatory issues. The inaugural session ended with a vote of thanks by Ms. Vandana Sethi, Advisor (Admn/IR), TRAI. 

    For any clarification/ information, Ms. Vandana Sethi, Advisor (Admn/IR) may be contacted on advadmn@trai.gov.in.

    ******

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: With focus on Digitization, DARPG achieves full targets of mid-campaign progress

    Source: Government of India

    With focus on Digitization, DARPG achieves full targets of mid-campaign progress

    A workshop on “Cyber Swachhata” organized  by DARPG on October 7, 2024 as part of Special campaign 4.0

    Initiatives regarding Preservation of  historical records and showcasing in exhibition  organised by DARPG and NAI

    Environment friendly activities adopted  in DARPG at all 4 campaign sites

    Posted On: 16 OCT 2024 12:37PM by PIB Delhi

    Department of Administrative Reforms and Public Grievances (DARPG) is all set for  achieving the the mid-campaign  100% progress of Special Campaign 4.0, which was launched on  13.09.24 and implementation phase began on October 2, 2024. This campaign is part of the government’s commitment for institutionalizing Swachhata and minimizing pendency in Government offices. Special Campaign 4.0 is implemented on following pillars -1. Digitization 2. ⁠Improving Office Spaces/enhancing office spaces 3. ⁠Timely Scrap disposal 4. ⁠Weeding/Preservation of Office Records 5. ⁠Inclusivity measures 6. ⁠Environment friendly activities.

    Key Highlights of Mid-Campaign Progress:

    1. Environment friendly activities

    As part of Special campaign 4.0 , plantation drive/cleanliness campaign was launched by Dr Jitendra Singh,MoS PP at Nehru Park on Swachh Bharat Divas as mark of “Ek ped Maa ke Naam”. This event demonstrated the commitment of DARPG and its staff to integrating eco-friendly practices into their operations and public service initiatives.

    1. Digitization
    1. DARPG has organized a workshop on cyber swachhata on 7th October 2024 at CSOI, Chankyapuri. The workshop featured  panel discussion on current cyber security landscape in India and cybersecurity for e-office,Bhavishya and CPGRAMS. The workshop aimed to educate staff and officers on maintaining digital hygiene, enhancing cybersecurity, and preventing cyber threats.
    2. DARPG has  preserved historical records and has Organized an exhibition in collaboration with National Archive of India (NIA) showcasing historical documents  preserved in DARPG earlier.
    1. Public Grievance Redressal:

    As of mid-October 2024, 800 public grievances have been addressed, contributing to the improvement of service delivery and enhancing public satisfaction. DARPG has adopted use of AI-enabled tools for better grievance tracking and resolution.in Centralized Public Grievance Redress and Monitoring System (CPGRAMS)  and has seen a marked improvement in the speed and accuracy of grievance redressal during the campaign.

    1. Weeding of files

    DARPG has initiated weeding of files, marking the beginning of enhanced record management and  reinforcing the commitment to a clutter-free and efficient office premise. So far, over 4100 files have been reviewed, and 800 files identified for weeding/Closure. These files were identified as outdated, irrelevant, or redundant  as per Record retention schedule and were subsequently weeded out or closed. This activity aimed to declutter office spaces.

    1. Timely eScrap disposal

    The Special Campaign 4.0 has emphasized sustainability through the promotion of e-waste disposal mechanisms .Outdated files, redundant materials, and unused office equipment have been disposed of systematically. DARPG disposed of electronic waste (e-scrap) as part of the campaign .A revenue of Rs 6,7625/- has also been earned from  eScrap disposal. Additionally, approximately 110 square feet of space was cleared in the process, enhancing the efficiency and organization of office facilities.

    1. Cleanliness and Office Efficiency

    DARPG undertook cleanliness drives at four campaign sites/office premises which have been cleaned and decluttered as part of the campaign.These sites included office spaces and public areas that required attention under the Swachhta campaign. The initiative involved deep cleaning activities, removal of waste materials, and promoting hygienic practices among the staff. This effort aligns with the department’s objective of maintaining a clean and organized work environment.

    With the  Special campaign 4.0 ongoing until October 31, 2024; DARPG aims to further intensify its efforts in ensuring cleanliness, enhancing efficiency, and addressing the remaining pendency. DARPG remains committed to fostering transparent, accountable, and efficient governance for the benefit of all citizens.

    ******

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    MIL OSI Asia Pacific News

  • MIL-OSI Europe: REPORT on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine – A10-0006/2024

    Source: European Parliament

    DRAFT EUROPEAN PARLIAMENT LEGISLATIVE RESOLUTION

    on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

    (COM(2024)0426 – C10‑0106/2024 – 2024/0234(COD))

    (Ordinary legislative procedure: first reading)

    The European Parliament,

     having regard to the Commission proposal to Parliament and the Council (COM(2024)0426),

     having regard to Article 294(2) and Article 212 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C10‑0106/2024),

     having regard to Article 294(3) of the Treaty on the Functioning of the European Union,

     having regard to the budgetary assessment by the Committee on Budgets,

     having regard to the undertaking given by the Council representative by letter of 9 October 2024 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,

     having regard to Rule 60 of its Rules of Procedure,

     having regard to the letter from the Committee on Foreign Affairs,

     having regard to the report of the Committee on International Trade (A10-0006/2024),

    1. Adopts its position at first reading, taking over the Commission proposal;

    2. Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;

    3. Instructs its President to forward its position to the Council, the Commission and the national parliaments.

     

     

    EXPLANATORY STATEMENT

    The ongoing war of aggression by Russia has significantly increased Ukraine’s financial needs. To address these challenges, both the European Union (EU) and the international community are being called upon to provide additional funding.

     

    In response, the European Commission has put forward a legislative proposal aligned with a G7 initiative. This proposal aims to utilize the extraordinary revenues from immobilized Russian assets to cover Ukraine’s urgent financial needs. Specifically, the proposal seeks to establish the Ukraine Loan Cooperation Mechanism (ULCM), which will enable Ukraine to service and repay loans of up to €45 billion. These loans will be repaid using the windfall profits generated from frozen Russian assets. The EU’s proposed macro-financial assistance (MFA) includes an amount of up to €35 billion, intended to support Ukraine’s immediate financing needs. This assistance will be delivered in a predictable, long-term, and timely manner.

     

    A key feature of this MFA is that Ukraine will not be required to repay the loan directly. Instead, repayments will be covered by windfall profits generated from interest accrued on immobilized Russian assets. Additionally, the terms of this loan will align with the conditions under the Ukraine Facility.

     

    The rapporteur emphasizes the importance of a swift procedure in order for the EU to adopt this proposal by the end of October 2024 to ensure that the MFA loan can be released by the end of 2024.

     

     

     

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    Pursuant to Article 8 of Annex I to the Rules of Procedure, the rapporteur declares that she has received input from the following entities or persons in the preparation of the report, prior to the adoption thereof in committee:

    Entity and/or person

    Bálint Ódor, Chair of the Committee of Permanent Representatives, Council of the European Union

    The list above is drawn up under the exclusive responsibility of the rapporteur.

    Where natural persons are identified in the list by their name, by their function or by both, the rapporteur declares that she has submitted to the concerned natural persons the European Parliament’s Data Protection Notice No 484 (https://www.europarl.europa.eu/data-protect/index.do), which sets out the conditions applicable to the processing of their personal data and the rights linked to that processing.

     

     

    BUDGETARY ASSESSMENT (11.10.2024)

    for the Committee on International Trade

    on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

    (COM(2024)0426 – C10‑0106/2024 – 2024/0234(COD))

    Rapporteur for budgetary assessment: Janusz Lewandowski 

     

    The Committee on Budgets has carried out a budgetary assessment of the proposal under Rule 58 of the Rules of Procedure and has reached the following conclusions:

     having regard to Council Regulation (EU, Euratom) 2022/2496 of 15 December 2022 amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027[1],

     having regard to Council Regulation (EU, Euratom) 2024/765 of 29 February 2024 amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027[2],

     having regard to Regulation (EU) 2024/792 of the European Parliament and of the Council of 29 February 2024 establishing the Ukraine Facility[3],

     having regard to Regulation (EU) 2022/2463 of the European Parliament and of the Council of 14 December 2022 establishing an instrument for providing support to Ukraine for 2023 (macro-financial assistance +)[4],

     having regard to Council Decision (CFSP) 2022/335 of 28 February 2022 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine[5],

     having regard to Council Decision (CFSP) 2024/577 of 12 February 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine[6],

     having regard to Council Decision (CFSP) 2024/1470 of 21 May 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine[7],

     having regard to Regulation (EU, Euratom) 2024/2509 of the European Parliament and of the Council of 23 September 2024 on the financial rules applicable to the general budget of the Union[8],

     having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources[9],

    A. whereas the Commission proposed a draft amendment to Council Regulation (EU, Euratom) 2022/2496 that made it possible to allow contingent liabilities stemming from financial assistance to Ukraine for 2023 and 2024 only to be treated in the same manner as financial assistance for Member States;

    B. whereas there is a need for greater sustained budgetary support to Ukraine;

    C. whereas Ukraine’s financing needs are expected to significantly outstrip current IMF projections and total at least USD 38 billion for 2025, making the amounts available under previous rounds of macro-financial assistance (MFA), the Ukraine Facility and the current round of MFA insufficient to ensure the required level of support, particularly for 2026 and 2027;

    D. whereas Council Decision (CFSP) 2024/577 provides rules for allocating extraordinary revenues stemming from immobilised Russian state assets to the Ukraine Peace Facility and the Ukraine Facility, considering that EUR 210 billion of Russian Central Bank assets are currently held by financial institutions in the EU;

    E. whereas the G7 leaders announced the launch of Extraordinary Revenue Acceleration Loans for Ukraine, which would make USD 50 billion available to Ukraine and would be secured through immobilised Russian state assets;

    F. whereas the next tranche of the IMF’s loan to Ukraine is also linked to the entry into force of the proposed regulation;

    1. Takes note of the proposal for the creation of the new Ukraine Loan Cooperation Mechanism, which will provide non-repayable financial support with a view to assisting Ukraine to repay loans provided for its support and will be endowed mainly by the amounts transferred in accordance with Annex XLI to Council Regulation (EU) 833/2014[10], as well as by any potential amounts stemming from voluntary contributions from Member States, third countries or other sources, for up to EUR 45 billion;

    2. Takes note of the conditions and obligations that Ukraine must fulfil in order to receive and use the non-repayable financial support provided by the Ukraine Loan Cooperation Mechanism, particularly the obligation for the repayment of the principal, interest and any other costs of the MFA loan or eligible bilateral loans;

    3. Takes note of the proposal for the creation of a new MFA instrument for the benefit of Ukraine, providing support of up to EUR 35 billion, pending other contributions under the G7 agreement on Extraordinary Revenue Acceleration Loans for Ukraine, over a duration of 45 years; takes note of the fact that the Commission’s proposal seems to be based on the assumption that the Russian state assets will remain immobilised for 45 years and on various assumptions regarding the future flows of extraordinary revenues stemming from the immobilisation of Russian sovereign assets held in the EU;

    4. Takes note of the fact that there is no grace period for the repayment of the principal or interest for the MFA instrument;

    5. Takes note of the fact that the MFA instrument, unlike previous instruments, does not give Ukraine the option to request interest rate subsidies covered by Member States;

    6. Takes note of the preconditions for support, such as effective democratic mechanisms, including a multi-party parliamentary system and the rule of law, and respect for human rights, including for those of minorities, and takes note of the consequences of not meeting, or no longer meeting, these preconditions;

    7. Takes note of the future negotiation between the Commission and Ukraine on the Memorandum of Understanding containing the guidelines that will underpin all future disbursements to Ukraine and must be consistent with the qualitative and quantitative steps contained in the Annex to Council Implementing Decision (EU) 2024/1447 of 14 May 2024 on the approval of the assessment of the Ukraine Plan[11] and any amendments thereto; takes note of the fact that the assessment criteria for the funds allocated through the Ukraine Loan Cooperation Mechanism are aligned with the assessment criteria established in Article 18 of Regulation (EU) 2024/792 in order to guarantee effective support and optimal use of resources for Ukraine’s recovery and development; calls on the Commission to pay particular attention to consulting the Verkhovna Rada and involving relevant stakeholders, including civil society organisations;

    8. Takes note of the derogation from Article 31(3), second sentence, of Regulation (EU) 2021/947[12], which implies that the External Action Guarantee will not be used to guarantee the borrowing of the amounts to be lent in the framework of this MFA and that, therefore, the guarantees for this MFA will be provisioned by the headroom; calls for caution in extending borrowing without a clear guarantee mechanism, with a view to ensuring that any additional borrowing does not jeopardise the Union’s financial stability;

    9. Takes note of the derogation from Article 214(1) of Regulation (EU) 2024/2509, preventing the establishment of a provisioning rate, because of the use of the headroom for the provisioning of guarantees;

    10. Recalls all the mandatory provisions to be included in the MFA Loan Agreement, particularly those related to the early repayment of the amounts borrowed should it be recognised that Ukraine has engaged in any act of fraud, corruption or any other illegal activity detrimental to the financial interests of the Union;

    11. Takes note of the repayment arrangements, and particularly of the waterfall structure to be established in the MFA Loan Agreement and the potential implications for the EU budget;

    12. Takes note of the provisions on the transmission of information to Parliament and the Council, as laid down in the Interinstitutional Agreement on good interinstitutional cooperation and governance and specifically within the framework of the annual budgetary procedure, ensuring full accountability and oversight of how funds are managed and disbursed; acknowledges the urgent need to implement the proposed regulation and calls for the relevant draft amending budget to include only the changes arising from the entry into force of the proposed regulation; expects the proposal to provide an update on the borrowing plan as per Article 52(1)(d)(iii), third indent, of Regulation (EU, Euratom) 2024/2509; expects to be informed, in a timely manner, of the implementation of borrowing as per Article 223(4)(b) of Regulation (EU, Euratom) 2024/2509, including of any potential early repayments and the construction of a buffer, if applicable;

    13. Takes note of the fact that, according to the financial legislative statement, the implementation of the proposal does not require any additional human resources or administrative expenditure; reiterates its understanding that new policy priorities or tasks must be accompanied by adequate resources and staff to properly implement them;

    14. Regrets the proposal’s lack of clarity about whether the Union budget has final liability, particularly in the framework of a loan guaranteed solely by the headroom, independently of the support from the Ukraine Loan Mechanism, for example in the event of significant changes to the sanctions regime underwriting the mechanism;

    15. Requests that the Commission clarify the potential interplay and complementarity in the funding provided by the Ukraine Facility, in particular under Pillar I for 2025, and by the MFA, and explain how the latter will be linked to relevant political and reform-related conditions that are consistent with and support the conditionality under the Ukraine Facility, in particular the Ukraine Plan;

    16. Requests that the Commission provide the budgetary authority with details of the aggregation of liabilities to the headroom, contingent on borrowing and lending operations;

    17. Recalls that a further amendment to the MFF, adopted by unanimity in the Council, would be required in order to extend the ability of the Union to treat the financial assistance to Ukraine in the same manner as financial assistance to Member States until the end of the current MFF;

    18. Regrets the urgency of this proposal, stemming partly from the lack of flexibility granted by the Commission proposal on the amendment of the MFF, and the subsequent Council decision pressuring Parliament to co-legislate in a very limited time frame;

    19. Calls on the Committee on International Trade, as the committee responsible, to recommend the approval of the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine.

     

     

    LETTER FROM THE COMMITTEE ON FOREIGN AFFAIRS (2.10.2024)

    Mr Bernd Lange

    Chair

    Committee on International Trade

    BRUSSELS

     

     

    Subject:  Opinion on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine (COM/2024/426 final) (2024/0234(COD))

     

     

     

    Dear Mr Lange,

     

    Under the procedure referred to above, the Committee on Foreign Affairs has been asked to submit an opinion to your committee. By way of a written procedure, the committee Coordinators decided to send the opinion in the form of a letter. Due to the extreme urgency of the procedure, the committee Coordinators adopted the opinion at their meeting on 30 September 2024.

     

    Yours sincerely,

     

     

     

     

     

    David McAllister

     

     

      

    SUGGESTIONS

     

    The Committee on Foreign Affairs:

     

    1. Expresses its complete solidarity with the people of Ukraine, along with its full support for the independence, sovereignty and territorial integrity of Ukraine within its internationally recognised borders;

    2. Welcomes the commitments of the EU and its Member States to provide humanitarian assistance, military support, economic and financial aid and political support in every possible way until Ukraine’s victory;

    3. Commends the Commission’s proposal to establish the Ukraine Loan Cooperation Mechanism, which contributes to answering Parliament’s call on the EU and its Member States to achieve the broadest possible international support for Ukraine, and builds upon the decision of the Council to direct extraordinary revenues stemming from immobilised Russian state assets to the Ukraine Assistance Fund and the Ukraine Facility as well as upon the G7’s decision to offer Ukraine a USD 50 billion loan secured through immobilised Russian state assets;

    4. Expresses its conviction that the new Ukraine Loan Cooperation Mechanism is a substantive step towards making Russia financially compensate for the massive damage it continues to cause in Ukraine; insists that this should not preclude the establishment of a sound legal regime for the confiscation of Russian state assets frozen by the EU, to be used for the benefit of Ukraine; urges the Commission and the EEAS to step-up their work in that direction;

    5. Acknowledges that the Commission’s proposal is based on the assumption that Russian assets will remain immobilised until Russia definitively and irreversibly ceases its war of aggression against Ukraine.  Therefore urges the Council to adopt swiftly a decision to that effect;

    6. Invites the Commission, when evaluating whether Ukraine has met the precondition set out in Article 11 of the proposal, to apply the same standards it applies when it evaluates whether Ukraine has met the precondition set out in Article 5 of Regulation (EU) 2024/792 on the establishment of the Ukraine Facility; in particular, in its assessment, the Commission shall also take into account the context in Ukraine and the consequences of the application of martial law in Ukraine; invites the Commission to transmit its assessment simultaneously to the European Parliament and to the Council;

    7. Calls on the Commission to ensure that, when it agrees with Ukraine the policy conditions to be set out in the MoU pursuant to Article 12 of the proposal, it is satisfied that Ukraine has complied with (i) the provisions set out in Article 17 of Regulation (EU) 2024/792 and provided all the relevant explanations, as appropriate; and (ii) the qualitative and quantitative steps provided for in Council Implementing Decision (EU) 2024/1447 and its annex. At the same time, calls on the Commission to make sure, when deciding on the release of funds pursuant to Article 13 of the proposal, that its assessment complies with Article 18 of Regulation (EU) 2024/792 and, in particular, takes into account the criteria listed in paragraph 3 thereof, where relevant; urges the Commission, in that context, to make sure that all decisions adopted by Ukraine on the use of the funds allocated to it in the framework of the proposed regulation respect democratic procedures and are supported by meaningful consultations with all relevant institutions and stakeholders, including the Verkhovna Rada of Ukraine, anti-corruption institutions and representatives of the civil society;

    8. Calls on the Commission to transmit the MFA Loan Agreement to the European Parliament as soon as it will be signed;

    9. Requests that the Commission include by default in its yearly report on the implementation of the proposed Regulation a review of the adequacy of the arrangements contained in the Regulation itself.

     

    PROCEDURE – COMMITTEE RESPONSIBLE

    Title

    Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

    References

    COM(2024)0426 – C10-0106/2024 – 2024/0234(COD)

    Date submitted to Parliament

    20.9.2024

     

     

     

    Committee(s) responsible

    INTA

     

     

     

    Committees asked for opinions

     Date announced in plenary

    AFET

    10.10.2024

     

     

     

    Not delivering opinions

     Date of decision

    AFET

    27.9.2024

     

     

     

    Rapporteurs

     Date appointed

    Karin Karlsbro

    30.9.2024

     

     

     

    Simplified procedure – date of decision

    30.9.2024

    Discussed in committee

    14.10.2024

     

     

     

    Date adopted

    14.10.2024

     

     

     

     

    BUDG

    7.10.2024

     

     

     

    Result of final vote

    +:

    –:

    0:

    31

    4

    0

    Members present for the final vote

    Brando Benifei, Lynn Boylan, Udo Bullmann, Raphaël Glucksmann, Bart Groothuis, Céline Imart, Karin Karlsbro, Rihards Kols, Sebastian Kruis, Bernd Lange, Ilia Lazarov, Thierry Mariani, Gabriel Mato, Ştefan Muşoiu, Daniele Polato, Majdouline Sbai, Francesco Torselli, Catarina Vieira, Jörgen Warborn, Iuliu Winkler, Bogdan Andrzej Zdrojewski

    Substitutes present for the final vote

    Mika Aaltola, Dan Barna, Nina Carberry, Anna Cavazzini, Hana Jalloul Muro, Ľubica Karvašová, Marina Mesure, Branislav Ondruš, Pierre Pimpie, Jessika Van Leeuwen

    Members under Rule 216(7) present for the final vote

    Peter Agius, Marie Dauchy, Elio Di Rupo, Virginie Joron

    Date tabled

    15.10.2024

     

    MIL OSI Europe News

  • MIL-OSI Economics: Google.org announces $15 million in AI training grants for the government workforce

    Source: Google

    The public sector is already transforming government services using AI, from improving cancer detection systems for service members, to advancing water conservation, to identifying disaster relief areas. That’s why today at Google Public Sector Summit in Washington, D.C., we’re announcing $15 million in total new Google.org funding to two leading public sector organizations — the Partnership for Public Service and InnovateUS — to further upskill the U.S. government workforce in responsible AI.

    The Partnership for Public Service: leading the charge in federal AI training

    A $10 million grant to the nonpartisan nonprofit the Partnership for Public Service will help establish the Center for Federal AI, a hub launching in Spring 2025 that is dedicated to cultivating AI leadership and talent within the federal government. At the Center, everyone from interns to executives can learn how to use AI responsibly in their government agencies. As part of this, the Center will offer a federal AI leadership program, federal AI internship program, and initiatives to foster a vibrant learning community for federal AI leaders.

    The Partnership for Public Service has been instrumental in promoting AI adoption within the federal government. With the support of Google.org and other partners, the organization has been working since 2019 to train 550 of the most senior career government leaders — representing more than 50 agencies across 35 states and overseeing hundreds of thousands of federal employees — in AI skills.

    “AI is today’s electricity — it’s a transformative technology that is fundamental to the public sector and to our society,” says Max Stier, president and CEO of the Partnership for Public Service. “Google.org’s generous investment will enable the Partnership to expand our current programming and research, and offer innovative new programming to empower agencies to capitalize on AI and better serve the public. We appreciate Google.org’s commitment to effective government, and we are excited to partner with them to launch the Partnership’s new Center for Federal AI this spring.”

    InnovateUS: addressing skills gaps across state and local governments

    An additional $5 million of funding will go to InnovateUS, supported by a consortium of federal, state, and local government partners. This organization has been at the forefront of providing no-cost AI training to public sector workers through at-your-own-pace courses, live workshops, and training programs. InnovateUS has trained more than 40,000 learners and has more than 100 agency partners.

    With Google.org’s support, InnovateUS will expand its reach, providing AI courses, workshops and coaching programs tailored to state and local government to more than 100,000 public sector workers across more than 30 states. Curriculum will include custom AI training for government workers developed by InnovateUS, as well as access to the Google Career Certificates program which includes AI training. New Jersey, a founding member of InnovateUS, has already seen the benefits of AI training, with thousands of state employees embracing AI to improve service delivery.

    “For government to work better and be more accessible to the people it serves, our workers must have the opportunity to take advantage of the latest tools and technologies,” said Beth Simone Noveck, Founder of InnovateUS and Chief AI Strategist for the State of New Jersey. “By continuing to invest in upskilling programs for public sector professionals offered through InnovateUS, we can improve the effectiveness of how we solve problems while restoring much-needed trust in our government.”

    The future of AI in government

    The funding announced today is a part of Google.org’s $75 million AI Opportunity Fund, which aims to help Americans learn essential AI skills. This funding, along with the efforts of organizations like the Partnership for Public Service and InnovateUS, are paving the way for AI to play a central role in improving government services and addressing societal challenges. By investing in AI training and upskilling, we can help ensure the public sector harnesses the full potential of AI to support critical needs such as healthcare access, infrastructure management and public safety, which benefit us all.

    MIL OSI Economics

  • MIL-OSI: JCS Solutions CEO Selected as a Cyber50 Executive for the First Time

    Source: GlobeNewswire (MIL-OSI)

    FAIRFAX, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) — JCS Solutions LLC, a premier provider of cybersecurity and technology services, today announced that its Founder and CEO, Raji Bezwada, has been named a Cyber50 Executive by the Northern Virginia Technology Council. The Cyber50 Awards are highly coveted in the cybersecurity landscape, honoring the forward-thinking leaders and innovators who are breaking the mold and pushing the envelope of what’s possible in the industry.

    “Federal agencies are on a noble mission when it comes to cybersecurity, as they’re wholly committed to protecting our nation’s people, critical infrastructure, data and beyond. We match the determination of our federal customers and support them every step of the way,” said Raji Bezwada, CEO of JCS. “I attribute my success and that of the company to the wonderful team we’ve built here at JCS. Their dedication and hard work never cease to amaze me, and I thank them for that every day.”

    Bezwada founded JCS in 2014, and in doing so, created an approachable, inclusive and encouraging workplace culture where she ensures employees feel engaged and valued. Her leadership extends beyond the office walls to the broader community, serving as a mentor, volunteer, and a Board of Director of TiE DC, a nonprofit dedicated to nurturing the next generation of entrepreneurs.

    To view the full list of Cyber50 Award winners, please visit NVTC.

    About JCS Solutions
    JCS is a premier federal technology services firm specializing in innovative digital transformation, cybersecurity operations, and threat mitigation solutions that elevate and secure customer missions. The company is recognized for its deep expertise, top workplace, and mature operations. It is rated Level 3 for CMMI-DEV and CMMI-SVC and holds ISO 9001, ISO/IEC 20000-1 and ISO/IEC 27000-1 certifications. The 8(a) WOSB is headquartered in Fairfax, Virginia. jcssolutions.com

    Contact:
    Josette Oder-Moynihan
    josette@boscobel.com
    703-869-4403

    The MIL Network

  • MIL-OSI: POET Wins “Best in Artificial Intelligence” Honors at 2024 Global Tech Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, has been named the winner of the “Best in Artificial Intelligence” category at the prestigious 2024 Global Tech Awards, announced on October 14. The honor is the third top prize the Company has received in 2024, following recognition by the AI Breakthrough Awards for “Best Optical AI Solution” and the Gold Prize for “AI Innovator of the Year” from the Merit Awards.

    POET Technologies was chosen as the Best in the Artificial Intelligence category due to “its innovative approach to powering AI networks and hyperscale data centers.” “POET’s commitment to improving the performance and scalability of AI infrastructure sets it apart as a leader in the industry,” commented Sirisha Lanka, Managing Director of the Global Tech Awards. Founded in 2022, the awards’ mandate is to “recognize and celebrate excellence in technology.” Among the judges were executives from enterprises such as Amazon, Microsoft, and Oracle. 

    “We’re thrilled to be recognized by industry experts who acknowledge the groundbreaking nature and positive commercial impacts of the POET Optical Interposer™ platform technology and the growing suite of products we are building from it,” said Dr. Suresh Venkatesan, POET Chairman & CEO. “Winning the Best in Artificial Intelligence honor from the Global Tech Awards is another stellar indication of why an increasing number of the leading companies in our industry are turning to POET for solutions that will help them grow their market share and assist them in developing new products that address the demand for AI networking and data center connectivity.”

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

    About Global Tech Awards
    The Global Tech Awards is a prestigious platform that recognizes and celebrates the very best in technology. With a focus on innovation creativity and excellence, the Global Tech Awards aims to identify and reward the most exceptional technology solutions and services from around the world. The awards are open to businesses, organizations and individuals who are creating and delivering innovative technologies that are driving progress and shaping the future. If you are developing cutting-edge technology and want to showcase your achievements to the world, consider entering the Global Tech Awards today. http://www.globaltechaward.com


    Forward-Looking Statements

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

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, reorganization efforts, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, the failure of its reorganization efforts and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/96c01282-3fb8-4e31-b9b1-b8c12e73564d

    The MIL Network

  • MIL-OSI Africa: GITEX GLOBAL 2024: Artificial Intelligence (AI) revolution unveiled to the world on “AI Super Tuesday”

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 16, 2024/APO Group/ —

    • International exhibitors presented the most groundbreaking innovations helping shape the future of society and industry
    • “Cybersecurity Day” next up as world’s largest and best-rated tech event reaches halfway stage on Wednesday

    Hot on the heels of a memorable first day where GITEX GLOBAL 2024 (http://apo-opa.co/4hlR7gj) opened the doors for its biggest-ever international edition, the entire global tech ecosystem experienced another action-packed agenda on Tuesday at Dubai World Trade Centre (DWTC).

    Taking place from 14-18 October, GITEX GLOBAL presents a record-breaking edition in its 44th year – welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries.

    With five themed days locked in across the 2024 event programme, a technology taking the world by storm was the focal point as “AI Super Tuesday” presented the most groundbreaking innovations helping shape the future of society and industry.

    A technology with vast transformative potential

    As AI takes centre stage in drug discovery, the world could soon witness the most significant shift in medicine since the advent of modern pharmaceuticals. But with such rapid advancements, a mesmerising Tuesday session – ‘The Next Leap in Medicine: Are we on the Edge of a Breakthrough?’ – saw experts discuss whether AI transformation is fast approaching or further away than some anticipate.

    Dr. Shameer Khader, Global Head and Executive Director – Computational Biology Cluster, Precision Medicine and Computational Biology at global pharmaceutical company Sanofi, gave AI an emphatic endorsement. He said: “Drug discovery on average takes 10-15 years and one project around $1.5-2 billion in cost. Is that something sustainable? The model must change, and we should harness AI capabilities and value across the ecosystem. We should optimise every single process to reduce development costs, streamline the drug discovery lifestyle, and build data disease models and infrastructure.”

    In a special case study, audiences became acquainted with ‘BabyX’ – an interactive simulation of a lifelike infant through AI. This virtual animated baby learns and reacts like a human infant with a built-in virtual brain with detailed likeness to that of a human. Functioning through biological AI and an operating system called Brain Language, stimulated neurochemical reactions help BabyX decide how she will react – something that could prove revolutionary in the future AI economy.

    Elaborating on the significance of BabyX, Dr. Mark Sagar, its creator who co-founded New Zealand-based Soul Machines, pointed out the defining difference between human and AI intelligence, adding: “As humans, we learn from a young age though exploring the world and experimenting. Play is such a key part of making intelligence open-ended and inventive, but it’s one thing what’s missing from current AI. If we’re ever going to regulate general AI intelligence, we need to build cognitive architecture that yields intelligent behaviour through a comprehensive approach.”

    A catalyst for forward-facing collaboration

    Alongside the profound transformative potential of AI, GITEX GLOBAL’s status as a catalyst for collaboration and forward-facing projects was on full display. A number of exciting high-profile partnerships were officially unveiled at the world’s largest and best-rated tech event, with one involved KAOUN – the world-leading organiser of business events and trade fairs, leading all GITEX events outside the UAE.

    Tuesday saw KAOUN sign a Memorandum of Understanding with the Digital Dubai Authority to grow the GITEX ecosystem, support Dubai’s internationalisation strategy, and explore new partnership opportunities. Additionally, AWS and e& entered into a $1 billion-plus agreement as part of new strategic alliance to deliver cloud solutions and supporting AI deployment and digital transformation across the region. 

    Tuesday casts spotlight on AI’s cross-sector impact and demands

    Elsewhere on the Super AI Tuesday agenda, another applauded show illustrated how high-performance computing is steering humanity’s quest for the next generation of aircraft. During ‘Quantum Maturation: Introducing The “Quantum Mobility Quest”’, companies were urged to move beyond the physical limits of present-day computing today and scale up future-focused solutions to unlock aviation’s vast potential.

    Isabell Gradert, Vice President of Central Research & Technology, Airbus, Germany, said: “Aviation is embedded in the tapestry of our global-leading industries and is one with the highest computation needs. Quantum computing is seen as the next big gamechanger in the aviation industry and has the potential to solve the most complex aerospace challenges and create a paradigm shift in the way aircrafts are built and flown. This is a very exciting time.”

    Additionally, audiences familiarised themselves with a wide of services and solutions being showcased by GITEX GLOBAL exhibitors. UAE-based Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), unveiled its Intelli Platform, an AI-powered management and operations platform that lets cities, transport, energy, and infrastructure organisations immediately use Generative AI.

    AWS also cast a spotlight on AWS Bedrock, a fully managed service that enables enterprises to easily build, customise, and deploy generative AI applications using foundation models from top AI providers, all through the AWS platform.

    GITEX GLOBAL 2024 continues Wednesday as “Cybersecurity Day” welcomes an ensemble cast of thought leaders and experts to explore the emerging threats landscape, counter-infringement strategies, and tools organisations require in an increasingly digital world.

    GITEX Editions (https://apo-opa.co/4h8xBn9) also presents Intelligent Connectivity (https://apo-opa.co/4hayjAy) with visitors set to explore how industry leaders can bridge digital divides and harness emerging technology to drive innovation and economic growth. The World Future Economy Digital Leaders Summit (https://apo-opa.co/4hlR8kn) also continues with another star-studded cast of world-renowned experts and innovative minds.  

    GITEX GLOBAL is seamlessly connecting with the world’s largest network of tech events, including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

    More information on GITEX GLOBAL, please visit http://www.GITEX.com

    MIL OSI Africa

  • MIL-OSI Asia-Pac: Record Number of delegates attend the ITU WTSA-24

    Source: Government of India (2)

    Record Number of delegates attend the ITU WTSA-24

    R.R. Mittar from India unanimously electedas Chair Designate for WTSA-24

    Union MinisterJyotiraditya M. Scindia launches multiple cutting-edge Make in India telecom products

    Posted On: 16 OCT 2024 6:49AM by PIB Delhi

    The Hon’ble Prime Minister Shri Narendra Modi inaugurated the World Telecommunication Standardization Assembly (WTSA-24)yesterday, alongside the India Mobile Congress (IMC), Asia’s largest technology expo. Detailed press releases are available at:

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064957

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064942

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064936

    This year’s WTSA-24 witnesses3300 delegates, including 36 ministers, from over 160 countries, the highest ever for any WTSA assembly. The forum will focus on next-generation technologies, including 6G, satellite communications, quantum technology, and Artificial Intelligence (AI), all essential for a rapidly evolving digital landscape.

    The inaugural session of WTSA was followed by opening plenary meetings where various committees were formed for carrying out different functions during the assembly. The delegates of WTSA-24unanimously elected Shri R.R Mittar from India as the Chair for WTSA-24. He is an eminent telecom expert and former Advisor at Department of Telecommunications, Government of India. He was spearheading the standardisation work at Telecom Engineering Centre (TEC).

    At the side-lines of WTSA and India Mobile Congress(IMC) 2024, many events have been scheduled. Yesterday a roundtable conference of Chief Ministers, State Government IT Ministers and IT Secretaries was heldat IMC 2024 by Sh. Jyotiraditya M. Scindia, Minister of Communications and Development of the Northeastern Region along withSh Pema Khandu, Chief Minister, Arunachal Pradesh, Sh Conrad Kongkal Sangma, Chief Minister Meghalaya, Dr. Pemmasani Chandra Sekhar, Minister of State for Communication and Rural Development,Dr. Neeraj Mittal, Secretary, Department of Telecommunications, Ministers from Karnataka, Gujarat, Telangana, Assam, Sikkim, Odisa, Tamil Nadu, Nagaland, Rajasthan, Mizoram, Bihar, Goa, Punjab and Andaman & Nicobar.

     

    Minister Scindia apprised the respective state ministers and dignitaries about the advancement that countryis making in the area of telecommunications along with new initiatives that the Ministry is undertaking to take the telecom sector to a new high. He urged states for 100% scalable execution andassured them that the central government stands with the states not only shoulder to shoulder but also before them to help them achieve their goals.

    Minister of State Dr. Pemmasani Chandra Sekhar exhorted states to create environment for Digital Innovation to provide best of the services to every citizen of the country.

    The States were also sensitized about the issues of Cyber Security of State IT infrastructure and IoT security, requirement of the States support for implementation of Bharatnet and 4G saturation project including Right of Way, space/land allotment, power and utilization of the network. 

    The ways to promote State startups and the role of States and UTs in the rollout of 4G/5G use cases, promotion of State Startup for next level of investment by DoT, business opportunities, were also discussed. 

    Later in the day Minister Sh Jyotiraditya M. Scindia visited various stalls at India Mobile Congress(IMC) 2024and inaugurated multiple cutting-edge Make in India telecom products. He launched indigenously developed highly complex 6G wireless link in Sub THz with 10 GBPS data over the air at Bharat Pavillion of SAMEER (Society for Applied Microwave Electronics Engineering and Research). Other Make in India products launched included AI-DC Optical Solution by STL,which will connect GPUs in AI-led data centres and 2 Gbps Point to Multipoint UBR Radio by HFCL which offers affordable last mile connectivity. Additionally, global launch of an affordable Snapdragon 5G chipset by Qualcomm was done by the Minister.

    ITU- Expo at WTSA24 and India Mobile Congress are showcasing innovative solutions, services and state-of-the-art use cases for industry, government, academics, startups and other key stakeholders in the technology and telecom ecosystem. These are open for public to experience.

     

     

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    (Release ID: 2065188) Visitor Counter : 77

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  • MIL-OSI: Atos launches its Experience Operations Center in partnership with Nexthink to empower digital workplace performance

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos launches its Experience Operations Center in partnership with Nexthink to empower digital workplace performance

    Experience Operations Center leverages proactive, AI-driven efficiencies to drive new levels of productivity and employee satisfaction

    Boston, United States and Paris, France – October 16, 2024 – Atos today launches in partnership with Nexthink their state-of-the-art Experience Operations Center (XOC) offering. The joint XOC delivers digital workplace operations that enhance end-user experience through enabling real-time, AI-driven efficiencies and boosting workplace productivity. Atos was one of Nexthink’s first managed services partners; this new offering builds on their 8-year partnership rooted in helping organizations create employee-centric workplaces that drive innovative and sustainable business value.

    Powered by Atos Real-Time Data Processing Framework (RTDPF) which captures billions of workplace and devices data, and Nexthink Infinity, XOC integrates data from sources such as IT service management, endpoint, contact center and identity management platforms within the digital workplace, to provide a unified, real-time performance overview. Beyond the analytical insights provided by standard workplace analytics, the XOC command center proactively pinpoints user experience issues, 24/7 and in real time.

    Its serverless architecture reveals hidden patterns and forecasts based on historical data and Atos 10-year expertise in digital experience management, allowing agile and responsive decision-making and problem resolution before users are affected.

    Leon Gilbert, Senior Vice President Digital Workplace Atos, said: “Focusing on employee experience is crucial for organizations to drive performance, streamline efficiency, and boost profitability. Our innovative Experience Operations Center helps achieve this ambition by leveraging state-of-the-art automation and AI that put humans at the heart of their problem-solving capabilities”.

    Atos leverages Nexthink’s digital workplace observability and automation platform to streamline issue detection, diagnostics and remediation. By helping companies to go from proactive incident identification to automated fixes in minutes, Nexthink’s platform supports XOC offering to deliver cost reduction, time savings, improved sustainability and increased employee performance. Going forward, Atos and Nexthink continue to collaborate to enhance the employee experience offered to their clients.

    Yassine Zaied, Chief Strategy Officer, Nexthink, said: “Atos has long been an innovator in the end user computing space, and this latest offering will once again challenge the status quo for the better. Today, the Digital Employee Experience is no longer just a consideration, it’s central to every successful digital transformation. It demands a systematic, not ad-hoc, approach. Atos XOC has such transformative potential and we’re proud to play a pivotal role in driving this evolution forward”.

    The Experience Operations Center compliments Atos’ Digital Workplace portfolio offerings by real-time insights in the digital workplace experience, proactive issue detection and accelerated resolution. Atos teams provide end-to-end employee experience solutions through digital collaboration and productivity tools, as well as intelligent customer care services. They currently deliver workplace analytics services to 1.8 million devices globally. In March 2024, Gartner positioned Atos as a Leader in its 2024 Magic Quadrant for Outsourced Digital Workplace Services (ODWS) for the eighth consecutive year.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 92,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    About Nexthink

    Nexthink is the leader in digital employee experience management software. The company provides IT leaders with unprecedented insight allowing them to see, diagnose and fix issues at scale impacting employees anywhere, with any application or network, before employees notice the issue. As the first solution to allow IT to progress from reactive problem solving to proactive optimization, Nexthink enables its more than 1,200 customers to provide better digital experiences to more than 15 million employees. Dual headquartered in Lausanne, Switzerland and Boston, Massachusetts, Nexthink has 9 offices worldwide.

    Press contacts

    Atos: Isabelle Grangé | isabelle.grange@atos.net | +33 (0) 6 64 56 74 88

    Nexthink: press@nexthink.com

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  • MIL-OSI: NANO Nuclear Energy Appoints Former Chief Financial Officer of the U.S. Department of Energy, John G. Vonglis as Chairman of its Executive Advisory Board for Strategic Initiatives

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., Oct. 16, 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, is proud to announce today that it has appointed The Honorable John G. Vonglis, former Chief Financial Officer of the U.S. Department of Energy (DOE) and Acting Director of DOE’s Advanced Research Projects Agency-Energy, as the Chairman of NANO Nuclear’s Executive Advisory Board for Strategic Initiatives.

    Mr. Vonglis joins a growing, world-class, bipartisan Executive Advisory Board comprised of high ranking and distinguished military, political and scientific leaders which is assisting NANO Nuclear by leveraging their professional networks and relationships to connect the Company with key industry stakeholders, potential partners, clients and other valuable contacts.

    “It is a pleasure to join NANO Nuclear’s advisory team and leverage my expertise in navigating a myriad of DOE and private energy-related projects to advance the development of the Company’s microreactor and other nuclear technology solutions,” said John G. Vonglis, Chairman of the Executive Advisory Board for Strategic Initiatives of NANO Nuclear Energy. “During my time with the Department of Energy, I was exposed to numerous high-impact inventions, and I believe that technologies such as NANO Nuclear’s ‘ZEUS’ and ‘ODIN’ microreactors represent the innovative spirit of the United States at an important moment for nuclear energy.”

    Mr. Vonglis served as the Senate-confirmed Chief Financial Officer and Chief Risk Officer of the DOE from 2017 to 2019. As Chief Financia Officer, Mr. Vonglis oversaw all financial matters for the DOE. He was also appointed by the President as Acting Director of the Advanced Research Projects Agency-Energy (ARPA-E), a federal agency focused on advancing early-stage, high-potential, high-impact energy technologies while minimizing risk to taxpayers.

    Prior to his tenure at the DOE, Mr. Vonglis held several key roles at the U.S. Department of Defense from 2002 to 2009, initially as Director of Management Initiatives for the Under Secretary for Personnel and Readiness (P&R) and lastly as Acting Assistant Secretary of the U.S. Air Force, where he also served as the first Chief Management Officer, performing the duties of the Under Secretary.

    Figure 1 – NANO Nuclear Energy Inc. Appoints Former Chief Financial Officer (CFO) of the Department of Energy (DOE) John G. Vonglis as its Chairman of its Executive Advisory Board for Strategic Initiatives.

    Mr. Vonglis’ private sector experience includes senior financial and operational roles at prominent advisory, aerospace/defense, financial services, and high-technology firms. Mr. Vonglis is a retired U.S. Army Reserve Colonel with 34 years’ experience in Army and Joint special operations, where he also advised ‘SOFWERX’ and the Army Cyber Institute at West Point. He holds a B.S. and M.B.A. from Fordham University and a Master’s in International Public Policy from The Johns Hopkins University School of Advanced International Studies (SAIS).

    “Attracting an exemplary leader like John to serve on our Executive Advisory Board, with his years of experience on the inside of complex government processes and working on cutting edge innovations, is a validation of our vision and mission for NANO Nuclear,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “John’s addition brings credibility, valuable insight and a multitude of important contacts to NANO Nuclear and allows us to better position our company to fully capitalize on the significant momentum within the nuclear energy industry. We are honored to welcome him to the team.”

    “We are confident that John’s contribution as an Executive Advisory Board member for NANO Nuclear will be invaluable as we continue to progress our microreactor and other technology solutions through design, testing, regulatory processes and ultimately to market,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “Recent natural disaster events, such as the devastation caused by Hurricanes Helene and Milton, highlight the critical need for reliable and portable energy solutions. Our portable nuclear microreactors, ‘ZEUS’ and ‘ODIN,’ are designed to provide power for rescue operations and shelters in the aftermath of such natural disasters. We are committed to advancing these technologies to market and delivering cutting-edge solutions to those who need them most.”

    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 and statements of NANO Nuclear’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the anticipated benefits of Mr. Vonglis joining the Company’ Executive Advisory Board) 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, regulatory delays and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop 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 http://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.

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  • MIL-OSI: Articul8 AI Signs Strategic Collaboration Agreement with AWS to Deliver Generative AI Solutions to Enterprises

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Articul8 AI (Articul8), a Generative Artificial Intelligence (GenAI) enterprise software company, announced today that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS), with plans to help customers accelerate the development and deployment of GenAI applications in production on AWS.

    While there has been strong overall interest in GenAI technologies, enterprises are still facing several challenges going from proof-of-concept (PoC) GenAI projects to production-scale deployments. Key concerns include the complexity of data management, shortage of specialized talent, unpredictable long-term costs, ethics & governance, performance & reliability at scale, and complexity of deployment across multiple tools and technology stacks. Articul8’s full-stack GenAI platform provides an out-of-the-box (OOTB) offering that is integrated and optimized across the various components and layers of the GenAI stack. By providing ready-to-consume application programming interfaces (APIs) and abstracting the complexity of building GenAI applications, Articul8 helps customers accelerate their development cycles and time to outcomes. In addition, Articul8’s GenAI platform has no external dependencies and is deployed and managed in the customer’s own virtual private cloud (VPC), giving customers full control over their data, access policies, and other information security rules and regulations. 

    “Articul8’s autonomous GenAI software platform allows customers to rapidly build, deploy, and manage expert-level, production-grade GenAI applications on AWS. Customers can also develop enterprise-specific models using their own proprietary data. All of this happens in a secure environment within their own VPC, and no data ever leaves the company environment,” said Gautam Subbarao, Head of Product & Commercial, at Articul8. “We look forward to expanding our collaboration with AWS and jointly helping customers leverage GenAI-based technologies to solve problems that are core to transforming their businesses.” 

    Franklin Templeton, a global investment management organization, intends to leverage the transformative potential of GenAI across the asset management value chain and is investing in targeted GenAI strategies in its businesses while firmly aligning with the firm’s standards for responsible and ethical use of AI technologies. Using Articul8’s GenAI platform on AWS, Franklin Templeton is building autonomous and multi-modal GenAI applications and workflows. 

    “Artificial Intelligence (AI) is not a single capability, and organizations must effectively create an intelligent system using their own data that also integrates with existing workflows and represents their organizational value proposition,” said Vasundhara Chetluru, Head of AI Platform at Franklin Templeton. “Our design philosophy aligns well with Articul8’s full-stack GenAI platform solution and their ability to help customers rapidly develop and deploy domain/enterprise-specific GenAI models and applications. We look forward to continuing our collaboration with the Articul8 AI team.”

    “Generative AI has the potential to transform entire industries, but its cost, complexity of deployment, and the required expertise around this emerging technology can be intimidating to customers,” said Alan Braun, Director, Technology Partnerships at AWS. “This Strategic Collaboration Agreement with Articul8 will expand their ability to provide solutions that enable customers to build and deploy enterprise-grade Generative AI applications on AWS and help customers achieve meaningful business outcomes at scale.”

    This collaboration underscores the value of Articul8 and AWS to provide flexibility and unlock greater business value for customers across industries. For more information please visit: http://www.articul8.ai.

    About Articul8  Articul8 AI is a Generative AI (“GenAI”) enterprise software company focused on helping organizations solve the world’s toughest problems. Articul8’s full-stack, vertically-optimized GenAI software platform is the fastest way to build, deploy and manage sophisticated, secure, and scalable enterprise-grade GenAI applications rapidly and cost-effectively. Articul8’s proprietary GenAI technologies are infrastructure and hardware-agnostic and deliver lasting business value by transforming customer data into actionable insights. Our team of industry veterans and AI experts have a heritage of successfully operationalizing and deploying AI at scale across a variety of mission-critical applications and industries.

    Articul8 Media Contact
    Articul8@fischtankpr.com
    FischTank PR

    The MIL Network

  • MIL-OSI: Tenable Announces Date for its Third Quarter Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced it will release its financial results for its third quarter ended September 30, 2024 after the U.S. market close on Wednesday, October 30, 2024. Tenable will host a conference call that day at 4:30 p.m. ET to discuss the results.

    A live webcast of the event will be available on the Tenable Investor Relations website at https://investors.tenable.com. A live dial-in will be available domestically at 1-877-407-9716 or internationally at 1-201-493-6779. A webcast replay will be available after the call through Wednesday, November 13, 2024.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

    Investor Contact:
    Tenable
    investors@tenable.com

    Media Contact:
    Tenable
    tenablepr@tenable.com

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  • MIL-OSI: Advertise Purple: Affiliate Management Company Announces Key Insights From Q3 2024

    Source: GlobeNewswire (MIL-OSI)

    Santa Monica, CA, Oct. 16, 2024 (GLOBE NEWSWIRE) — Award-winning affiliate management strategy and technology, Advertise Purple, is thrilled to announce the key insights from Q3 2024 on the affiliate marketing industry.

    Advertise Purple has generated over $4.6B in affiliate revenue for more than 5,000 brands across 23 verticals, establishing its spot as a leader in partnership marketing management. By leveraging its vast experience and unique affiliate partnership technology with Bloom, Advertise Purple provide top-notch affiliate program management. The service is designed for large businesses, small and medium-sized companies, and international e-commerce brands looking to boost customer acquisition through performance-based strategies. The newly released report with key insights from Q3 2024 from advertisepurple.com allows brands to understand which verticals performed best industry-wide.

    “Q3 2024 was a period of growth, with summer holidays playing a key role in driving affiliate traffic and sales,” said a spokesperson for the company. “As we move into the final quarter of the year, our team is well-prepared to capitalize on this momentum and continue optimizing strategies for maximum impact.”

    Affiliate marketing is where affiliates, usually bloggers, influences, individuals or other businesses, promote a company’s services or products and earn a commission for each successful sale or lead generated.

    Affiliate managers are essential to the success of affiliate program campaigns, acting as the link between the brand and its affiliate partners to ensure a smooth and mutually beneficial relationship. Many people mistakenly believe that simply adding affiliate links to their website will lead to automatic commissions. However, significant optimization is necessary for this to happen, and this is where affiliate managers come in. They not only coach and support affiliates to enhance the quality and quantity of their referrals but also recruit and onboard potential affiliates aligned with the brand’s vision and goals. Additionally, they maintain compliance with industry regulations, particularly on social media platforms, and report on performance to measure campaign success.

    At Advertise Purple, performance tracking is key to ensuring that brands achieve a positive ROI. The latest Q3 2024 Affiliate Insights report highlights trends and opportunities for brands, underscoring the importance of an affiliate manager in driving successful outcomes. Without their expertise, achieving desired results can be challenging, as it relies heavily on the publisher’s efforts alone.

    Home & Living ranked as the top vertical by revenue, bringing in an impressive $24,636,948. Other notable verticals in the top five for revenue included Apparel & Fashion, Education, Travel & Hospitality, and Games & Toys.

    In terms of clicks, Education took the lead, generating a substantial 3,445,826 clicks. Beauty closely followed in second place with 3,110,578 clicks. Other significant verticals in the top five for revenue were Home & Living, Apparel & Fashion, and Health & Wellness.

    Holidays played a pivotal role in performance for driving affiliate traffic and sales for Advertise Purple’s customer base. Labor Day Weekend accounted for the highest click volume of the whole quarter, whilst other dates including July 4 (Independence Day) and July 28 drove high sales. This highlights the impact of holidays in boosting traffic and sales through affiliate channels.

    Advertise Purple encourages brands to discover the full-service and self-service affiliate management options by getting in contact through the form on the website.

    About Advertise Purple

    Advertise Purple is an award-winning affiliate management strategy and technology company based in Santa Monica, California. Advertise Purple works with over 300k partners and has helped generate $4.5 billion+ in sales for brands across 23 verticals.

    More Information

    To learn more about Advertise Purple and its report on the affiliate marketing sector in Q3 2024, please visit https://www.advertisepurple.com/.

    Source: https://thenewsfront.com/advertise-purple-affiliate-management-company-announces-key-insights-from-q3-2024/

    The MIL Network

  • MIL-OSI: SIMPPLE Ltd. Announces $1.0 Million Sale of Multi-functional Robots in Singapore, Malaysia, and Thailand

    Source: GlobeNewswire (MIL-OSI)

    Singapore, Oct. 16, 2024 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today announced the initial sale, for an aggregate of about $1.0 million, of the Company’s proprietary 3-in-1 multifunctional robots and modular robot heads across Singapore, Malaysia, and Thailand.

    Photo Comparison of Gemini (multifunctional robot) and cleaning robot in a retail mall

    Brand-named Gemini, the A.I. video-analytics robots are the first to perform security, digital concierge, and cleaning services in a facilities management setting. These modular robot heads can be retrofitted on traditional cleaning robots, thus converting them to 3-in-1 units with the same A.I. video-analytics capabilities.

    In Singapore, Gemini robots have been deployed at retail malls, commercial office buildings, and healthcare institutions. In Malaysia and Thailand, SIMPPLE’s Gemini heads have been retrofitted to existing cleaning robots and utilized at commercial office buildings.

    According to SIMPPLE chief executive officer Norman Schroeder, Gemini is a “game-changer” in the field of service robotics. The robot can swiftly, accurately, and intelligently conduct security patrols, engage with lost or distressed personnels seeking security assistance, engage in two-way video calls, interface remotely with facility managers, and perform a wide variety of routine cleaning tasks including scrubbing or vacuuming.

    Gemini can operate independently or in concert with existing CCTV camera systems,” he added, allowing those systems to identify situations needing resolution and task Gemini to resolve them. In so doing, Gemini provides “significant savings and convenience” to facility management companies and integrated services operators, said the CEO.

    “The deployment of Gemini across Singapore, Malaysia, and Thailand,” he said, “further validates the commercial viability of our end-to-end facilities management solution including integrated robotics and artificial intelligence.”

    Additional Gemini sales to customers in Australia, New Zealand, and other markets are expected “in the coming months,” said Mr. Schroeder.

    The development of Gemini was supported by three Singapore government agencies, one of which, in 2019 and 2022, awarded SIMPPLE grants totalling about $380,000 to develop multi-functional robots. In 2024, Gemini was then included in the Advanced Digital Solutions (ADS) grant scheme supported by Singapore’s InfoComm Media Development Authority (IMDA), thus facilitating SIMPPLE’s aggregate $1.0 million Gemini sale described above.

    According to a May 2024 report by Technavio, the global service robotics market is projected to grow by a CAGR of 30.25%, or $90.4 billion, from 2024 to 2028. This rapid growth, said Technavio, will be driven by the continuing integration of advanced technologies such as IoT, A.I., and natural language processing into service robots, and by world governments pouring significant investment into these technologies. Technological advancements in machine learning, adaptive computing, and vision systems will also make service robots increasingly suitable for commercial tasks, said the report.

    Close-up photo of Gemini modular security head at a premium retail mall in Singapore

    About SIMPPLE LTD.

    Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices. 

    For more information on SIMPPLE, please visit: https://www.simpple.ai

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition Photo of Gemini robot within an institution, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    For investor and media queries, please contact:
    SIMPPLE LTD.
    Investor Relations Department
    Email: ir@simpple.ai

    Visit the Investor Relation Website: https://www.investor.simpple.ai/

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

    Attachment

    The MIL Network

  • MIL-OSI Africa: Applied Artificial intelligence (AI) and Deep Tech Innovations Take Centre Stage on Day Three of Expand North Star 2024

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 16, 2024/APO Group/ –With global participation continuing to flourish, the spotlight also turned towards Africa, where burgeoning tech ecosystems are paving the way for a new wave of entrepreneurs and innovators. H.E. Savannah Maziya, Minister, Ministry of Information, Communications & Technology, Eswatini, alongside other thought leaders, emphasised the importance of structured development to tackle unique market challenges and unlock Africa’s economic potential.   

    Celina Lee, CEO & Co-Founder, Zindi, South Africa, highlighted the trend of talent returning to Africa to start companies and create ecosystems that foster innovation and attract global corporations like Microsoft to set up labs in Ghana and Nairobi.   

    Speaking on the challenges facing Africa, Olatunbosun Alake, Honorable Commissioner, Ministry of Innovation, Science and Technology, Lagos State Government, Nigeria, said, “The greatest challenge in Africa is education. In Nigeria, if you look at the most educated parts, they show economic value, whereas in the north, where education levels are not as high, economic productivity is lower. There needs to be an African Renaissance of education funding across the board because if you drive education, educate, and enlighten people, people will change the environment.” 

    Across its four-day span, Expand North Star continues to shed light on the future of industries through defining events such as GITEX Impact, Fintech Surge, Future Blockchain Summit, and Marketing Mania. These events underscore how emerging technologies are transforming the way we live and are also playing a pivotal role in reshaping the future.  

    MIL OSI Africa

  • MIL-OSI Global: Threads: the harrowing 1984 BBC docudrama is back on our screens – scary but appropriate viewing for our uncertain times

    Source: The Conversation – UK – By Mark Lacy, Senior lecturer, Politics, Philosophy, and Religion, Lancaster University

    The BBC docudrama Threads shocked audiences in 1984. BBC

    Threads – the horrific film made by the BBC in 1984 depicting the impact of a nuclear war on a city in the north of England – was recently made available to stream. It’s a brutal and grim tour of the aftermath of nuclear war, which anyone who viewed it when originally aired may struggle to watch again. But, 40 years on, the film is probably regarded more as an unpleasant artefact from a more dangerous time.

    These days we consume many types of apocalyptic entertainment in film and video games, exploring all types of societal collapse: ecological disaster, manufactured pandemics, alien invasions, cyber-attacks and dangerous AI. But Threads is particularly chilling in its attempt to give a realistic account of what could happen if cold war tensions escalated. I remember watching it as a teenager in a lesson at school and once was enough for me.

    But in the winter of 2024, it is difficult to escape the regular warnings about the escalating tensions around the world. There are widespread fears that a catastrophic series of diplomatic breakdowns and strategic miscalculations could result in a 2024 version of the events depicted in the 1984 film.

    Since the end of the cold war, much of international conflict has played out below the threshold of open war, in the realms of cyberwarfare, espionage and subversion. Or in other attempts at economic and political tactics intended to influence and manipulate. But there is clearly something very alarming about the situation since the invasion of Ukraine and the escalation of events in the Middle East since October 7.

    What makes the current situation so alarming is the sense that “great powers” or states with nuclear weapons could be pulled into conflicts that might quickly escalate beyond any diplomatic or political control. It’s hoped that leaders on all sides are determined to deter or contain conflict. But wars are shaped by accidents, miscalculations and errors of strategic judgement.

    Would Vladimir Putin have sent his troops into Ukraine if he could see how the Ukrainians and the international community would react? Now he has turned to making regular threats about Russia’s nuclear arsenal.

    So, there is a sense of unease about the current possibility of events getting out of control – of events escalating from brutal and horrific local or regional conflicts into a full blown global conflict. To be sure, there will (hopefully) be a continual diplomatic effort focused in ensuring that events in Ukraine or the Middle East do not escalate to the point where there the world is drawn into a wider war involving weapons of mass destruction.

    Rational v irrational actors

    But one of the concerns is that the situation in the 2020s is markedly difficult to geopolitical tensions during the cold war. The influential “realists” of international relations – academics like John Mearsheimer and Stephen Walt – argued that one of the reasons that the US should not invade Iraq was that Saddam Hussein was a “rational actor” whose behaviour could be contained and controlled. Iraq could be controlled through what they saw as “vigilant surveillance” and containment.

    But the fear in 2024 is that the world isn’t populated by rational actors as it was during the cold war, with its doctrine of mutually assured destruction.

    Putin is viewed as a leader increasingly detached from reality – surrounded by advisers too afraid to give him advice that he might not want to hear. In strategic terms, the fear he is that he might escalate to de-escalate. He might attempt a nuclear strike to deter events escalating further – an horrific warning signal that will end any attempts to challenge him.

    Some would question whether Iran may be led by men who are also detached from reality and might actually be looking for an apocalyptic showdown with Israel and the west. This depiction of irrational leaders might be more a reflection of our panic and paranoia than a credible assessment of leadership in these states. And of course, some would argue that the liberal world has its fair share of irrational actors.

    An interconnected world

    So, are we in a time or dangerous irrational actors where deterrence will not prevent a potentially apocalyptic escalation in global events? Security analysts and policymakers often refer to what is known as “deterrence by entanglement”. There are various types of deterrence but one of the geopolitical differences between now and the cold war is the level of interconnection between states that might have diplomatic, economic and political tensions.

    How many Chinese students study in UK universities? How much property in London is owned by Russian citizens? Societies are entangled to such a degree that a launching a nuclear strike on London would not only destroy investments, it might also kill your own citizens. Then there is the question of geographical location and nuclear strikes: would you risk the ecological blowback from nuclear strikes in a way that might endanger your territory, ecology and citizens – for generations?

    Leaders make mistakes and situations escalate in dangerous and unpredictable ways. But one of the lessons of international relations – going back to the works of Sun Tzu and Machiavelli – is that deception is a vital part of statecraft and warfare. And the “performance” of statecraft often requires cultivating an image of irrationality as a form of rational statecraft and deterrence. Some have argued that Donald Trump’s actions and pronouncements on international affairs produce a sense of uncertainty that works as a one-man strategy of deterrence.

    But as this performance plays out, it can be terrifying to watch and experience. Let’s not forget, the history of international relations is a history of tragic and mainly avoidable accidents.

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

    ref. Threads: the harrowing 1984 BBC docudrama is back on our screens – scary but appropriate viewing for our uncertain times – https://theconversation.com/threads-the-harrowing-1984-bbc-docudrama-is-back-on-our-screens-scary-but-appropriate-viewing-for-our-uncertain-times-241314

    MIL OSI – Global Reports

  • MIL-OSI USA: MAINE’S SINGLE AREA CODE EXTENDED AN ADDITIONAL TWO AND A HALF YEARS

    Source: US State of Maine

    North American Numbering Plan Administrator (NANPA) Predicts 207 Area Code to be Exhausted no Earlier than the Second Quarter of 2036

    October 16, 2024

    Hallowell, Maine -A semi-annual review of area code exhaust dates by the North American Numbering Plan Administrator (NANPA) shows Maine’s single area code has gained another two and a half years before its predicted exhaust date. The previous estimated exhaust date was the fourth quarter of 2033.

    “The Commission is very active in a number of conservation efforts, working with companies to ensure they get the telephone numbers they need, while asking other companies to return numbers they dont need,” said Chair Philip L. Bartlett II. Our team has been working collaboratively with phone companies, the Federal Communications Commission, the North American Numbering Council (NANC), and NANPA on strategies to extend the entire numbering system, not just Maine.

    The life of the overall area code system has been extended an additional 1-2 years. According to the FCC, NANC estimated that the total societal cost of expanding the universe of numbering resources in NANP would be as much as $270 billion and would require adding two additional digits to all telephone numbers nationwide.

    The Commission has been monitoring the status of the 207 area code closely for several years as the number of service providers in Maine has been increasing significantly along with the volume of numbering requests. In January 2021, the predicted exhaust date was 2024. With this extension to 2036, weve added more than 12 additional years.

    The Commission continues to work collaboratively with officials in other states to share best practices. New Hampshires 603 area code, which is also in danger of exhaustion, has seen its forecast extended by nearly two years from 2027 to 2029.

    The next update from NANPA on area code exhaust dates will be April 2025. The NANPA number exhaustion and prediction reports can be found at https://nationalnanpa.com/reports/reports_npa.html.

    Background

    In 2023, the Maine Public Utilities Commission opened an investigation into Rate Center Consolidation (RCC) . This approach, recommended by a recent NANC report to the FCC , would combine 149 calling areas into one. The result would reduce demand for numbering resources and allow telephone providers to utilize more existing resources. The Commission is in the final stages of considering RCC.

    The Commission has also worked closely with Maine lawmakers to enact measures that reduce the wasteful use of numbering resources while also combatting illegal robocalling.
    Through the course of its work, the Commission has learned that some telephone number providers legally procure telephone numbers and then sell them to companies that bombard Maine people with scam calls. By working closely with NANPA, the FCC, and state lawmakers, we have worked to curb robocalling in Maine, but more work must be done.

    About the Commission

    The Maine Public Utilities Commission regulates electric, telephone, water and gas utilities to ensure that Maine citizens have access to safe and reliable utility service at rates that are just and reasonable for all ratepayers while also helping achieve reductions in state greenhouse gas emissions. Commission programs include Maine Enhanced 911 Service, gas safety and Dig Safe. Philip L. Bartlett, II serves as Chair, Patrick Scully and Carolyn Gilbert serve as Commissioners.

    Learn more about the Commission at https://www.maine.gov/mpuc/.


    CONTACT: Susan Faloon, Media Liaison CELL: 207-557-3704 EMAIL: susan.faloon@maine.gov WEBSITE: https://www.maine.gov/mpuc/

    MIL OSI USA News

  • MIL-OSI United Kingdom: Overcoming analysis paralysis: the Niaxo ACE supplier story

    Source: United Kingdom – Executive Government & Departments

    Bringing data science to bear on everything from the national covid response to synthetic data and countering online grooming.

    Niaxo brings a wealth of experience in data platforms and analytics, with its founders having clocked up “something ridiculous” like 60 years’ worth of contracting into government as independent consultants between them.

    They saw a niche, with experience of both working independently within government as well as working with government clients, to do something different and get technical projects off the ground faster – avoiding the so-called analysis paralysis which can afflict larger organisations.

    And so Niaxo was born in September 2019.

    The team is now significantly larger, with the initial team joined by ten staff, but retains a core focus on bring novel techniques to other people’s data problems.

    An area the company is increasingly excited about, says Ed Puddicombe, Niaxo’s director of strategy and business engagement, is using artificial intelligence (AI) and synthetic data to generate simulated scenarios. These could be used for interviews, for example, or for training materials in areas such as law enforcement.

    For one Accelerated Capability Environment (ACE) customer, the company used large language models to find examples of the types of text it wanted to replicate synthetically and then designed a wrapper to make an initial version of a template, which has been well received as a starting point. Technology and applications such as this could be a game-changer in terms of speeding up project timelines.

    Puddicombe said: “It was a project for ACE that was the genesis of starting to do some really cool stuff with synthetic data and we enjoy being part of interesting work and working on novel challenges.”

    The Niaxo team heard about ACE from contacts and, intrigued, set up a meeting to find out more. They signed up, and completed their first project in early 2020, exploring data-driven decision-making at a key point of the criminal justice system.

    Puddicombe said: “We took an initial data-processing idea, and within six weeks revamped it into more of an enterprise tool.”

    One of the major ACE commissions Niaxo has been part of was the covid response for the Joint Biosecurity Centre, which was set up to provide evidence-based insight to aid local and national decision-making.

    The company designed and built the data science platform which calculated the ‘r’ value – the measure of how quickly infections were growing across the UK. A rough design on a piece of paper evolved into a platform where every data output could be reversed, to understand the data feeding into it.

    Niaxo built a demonstrator in five days, had the first user live in five weeks, and within five months was told it was the biggest data science platform in government, with hundreds of data scientists working on it. The company also ran and continued to develop it for a number of months, before it was migrated “overnight, seamlessly” to the Department of Health and Social Care.

    Another project Niaxo worked on for a law enforcement body was around understanding the mathematical principles of how online grooming in chats could be detected, and how pattern matching could help, no matter which language was being used.

    Puddicombe added: “I think working with ACE illuminates problem spaces we may have overlooked, so we’ve got a skill that we didn’t know we could grow, from a seed that wouldn’t otherwise have been sown.”

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom

  • MIL-OSI: LPL Financial Welcomes Eight Financial Advisors in Florida

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Oct. 16, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that a group of advisors in St. Petersburg, Fla., have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately $450 million in advisory and brokerage assets* and join LPL from Raymond James.

    Financial advisors Michael Collins, Jim Spicer, Ryan Roy, Gary Hummel, Robert Torris, David Zaccagnino, Steven Laesser and Mark Wolf, along with his son Logan Wolf, a registered assistant, operate independently while leveraging shared office space, best practices and approaches to client services. They offer a comprehensive suite of financial services that spans portfolio management, retirement income, tax planning, education funding, estate planning and more.

    The transition to LPL was motivated by a desire to better serve their clients and to gain more control over their future. The advisors said LPL’s flexible platform and customizable solutions were key factors in their decision to move.

    “We were seeking a partner that could help us elevate our service offering so we can continue to give clients what they need and deserve,” said Collins, who previously served as branch manager. “With LPL, we have access to a wide range of innovative capabilities and strategic resources, along with an expanded suite of products that will greatly enhance client experiences. We are now empowered to decide what tools we want to use without corporate influence or mandates. This move will be a positive change that will help position us for long-term sustainability and growth.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Mike, Jim, Ryan, Gary, Mark, Logan, Robert, David and Steven to the LPL community and congratulate them on the next chapter of their business. As a committed partner, LPL will provide powerful capabilities, innovative technology and robust business solutions to help increase efficiency and create even better client experiences. We look forward to supporting this group for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

    Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. The advisors named in this release and LPL Financial are separate entities. LPL Financial does not offer tax advice or tax related service.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2023.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #642587

    The MIL Network

  • MIL-OSI: Global Car Rental Company Renews Contract with Urgently for Roadside Assistance Technology and Services

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced a two-year customer partner contract renewal with one of the largest worldwide vehicle rental companies. With this renewal, the relationship, which began in 2022, will extend to 2026.

    This latest renewal, which was driven, in part, by Urgently’s customer experience benefits and electronic vehicle expertise, continues Urgently’s record of successfully retaining all customer partner contracts since the beginning of the second quarter of 2024. Urgently believes this is an indication of the company’s commitment to delivering customer value through exceptional service, cutting edge technology and a prioritization of safety.

    “Our recent contract renewals reflect Urgently’s ability to foster growth, stability and collaboration across our existing client base,” said Matt Booth, Chief Executive Officer, Urgently. “Each renewal underscores our clients’ satisfaction and trust in our mobility assistance platform. We look forward to deepening our relationships with each of our customer partners and remain dedicated to supporting their long-term success.”

    With this renewal, Urgently’s connected assistance platform will continue to power the vehicle rental company’s roadside assistance program, enabling exceptional mobility assistance experiences, including knowledgeable support for electric vehicles (EVs).

    For more information about Urgently’s roadside and mobility assistance solutions visit https://www.geturgently.com/industry-solutions.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit http://www.geturgently.com.

    Forward Looking Statements

    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s customer partner contract renewal, are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on March 29, 202, our quarterly reports on Form 10-Q, including our quarterly report on Form 10-Q for the quarter ended June 30, 2024, which was filed with the SEC on August 13, 2024, and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

    Contacts:
    For Press: media@geturgently.com
    For Investors: investorrelations@geturgently.com

    The MIL Network

  • MIL-OSI Economics: Huawei Launches Fully-Upgraded Xinghe Intelligent Network Offerings for Markets Outside China to Accelerate Industrial Digitalization and Intelligence Oct 16, 2024

    Source: Huawei

    Headline: Huawei Launches Fully-Upgraded Xinghe Intelligent Network Offerings for Markets Outside China to Accelerate Industrial Digitalization and Intelligence
    Oct 16, 2024

    [Dubai, UAE, October 16, 2024] During GITEX GLOBAL 2024, Huawei announced its fully-upgraded Xinghe Intelligent Network Solution and more than 20 all-new AI network products for markets outside China at the IP Club Carnival themed “Xinghe Intelligent Network, Accelerate Industrial Digitalization and Intelligence”. These purpose-built offerings help enterprise customers of all sizes to accelerate their digital and intelligent transformation.
    In the opening address, Leon Wang, President of Huawei Data Communication Product Line, Huawei, said, “Nowadays, AI is becoming a key driver of digital economic growth, bringing huge opportunities for new value creation. The global digital and intelligent wave drives networks to further innovate and take on four unique features, namely, providing ubiquitous connections, unleashing computing power potential, transmitting massive data efficiently and securely, and assuring application experience. Let’s explore how to accelerate innovation and work together to advance intelligence.”
    Leon Wang, President of Data Communication Product Line, Huawei, delivering a speech

    Yury Yin, Vice President of Data Communication Product Line, Huawei, said, “All industries ramp up intelligent transformation, driving network evolution towards the AI ecosystem. As such, Huawei Xinghe Intelligent Network focuses on intelligent innovation and lays a next-generation foundation featuring optimal application experience assurance, automatic precise traffic scheduling, ultra-high resilience and stability, and high-security ubiquitous protection. All of these help enterprises worldwide to seize new development opportunities and amplify industrial intelligence.”
    Yury Yin, Vice President of Data Communication Product Line, Huawei, giving a speech

    Leon Wang, President of Data Communication Product Line, Huawei; Vincent Liu, President of Global Enterprise Network Marketing & Solution Sales Department, Huawei, Charles Shen, Vice President of Middle East & Central Asia ICT Marketing & Solution Sales Department, Huawei, and Naveed Tahir, CTO of Pakistan Higher Education Commission, then jointly launched Huawei’s fully-graded Xinghe Intelligent Network Solution and all-new products.
    Featured offerings include:
    Xinghe Intelligent Campus: Huawei’s full range of Wi-Fi 7 APs enable no rate limiting for terminals and full wireless coverage without blind spots on the campus network. Furthermore, AI-enabled, experience-centric campus network construction ensures zero freezing for audio and video applications and zero degradation on services.
    Xinghe Intelligent Fabric: The network digital map enables converged management of network and security devices and accelerates service rollout on the current day. Moreover, AI algorithms are used to model the quality of application experience, proactively identify deteriorating application experience, and demarcate faults in minutes. Moreover, superfast switchovers at three levels (link, device, and network levels), unique in the industry, ensure ultra-reliable and ultra-stable network services.
    Xinghe Intelligent WAN: Intelligent technologies are introduced to accurately identify applications, intelligently schedule millions of flows, and precisely optimize experience. Beyond this, intelligent O&M agents draw on the massive historical experience database to proactively analyze and predict potential network risks and automatically rectify 90% faults in minutes.
    Xinghe Intelligent Network Security: AI is integrated into network security detection. Specifically, 18 small AI models are used to identify threats accurately and quickly, achieving as high as 91% accuracy in detecting unknown threats. Additionally, AI models are embedded into security devices to achieve AI inference in microseconds, ensuring robust security and ultimate experience.
    Industry-specific solutions: Huawei’s tailor-made solutions are ideal for diverse industries, such as public services, finance, energy, education, transportation, manufacturing, and healthcare, to meet their differentiated needs and stride towards the intelligent era.
    As all industries accelerate their digital and intelligent transformation, Huawei and the IEEE UAE Section jointly kicked off the “Imagine Wi-Fi 7” program. As announced at this IP Club Carnival, the “Imagine Wi-Fi 7” Program (Season 2) was successfully concluded. Prof. Hussain Al Ahmad, Chair of the IEEE UAE Section, Jason He, President of Huawei Global Enterprise Data Communication Marketing & Solution Sales Department, and Shawn Zhao, President of the Campus Network Domain at Huawei Data Communication Product Line, presented awards to outstanding winners.
    Another notable announcement was the “Discover Huawei SASE” Program for the Middle East and Central Asia Region. Moreover, industry pioneers from the security sector shared their first experience with Huawei Xinghe Intelligent SASE Solution. While experiencing real-world use cases, they also earned plenty of IP Club bonus points.
    Looking ahead, Huawei will continue to innovate and help customers build leading network infrastructure needed to accelerate their digital and intelligent journey. Doing so will help customers around the world stride into the digital–intelligence era and reap greater business value.

    MIL OSI Economics

  • MIL-OSI: Risk Strategies Appoints Jeff Clinkscales SVP, Private Client Services Leader for West Region

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has appointed Jeff Clinkscales as SVP, Private Client Services Leader for the West Region. In this role, he will oversee the region’s sales and service teams and manage key relationships with carrier partners and other third parties.

    As the Private Client Services Leader for the West Region, Clinkscales will spearhead the development of strategic growth initiatives and customer segmentation to support the region’s planned expansion. He will also facilitate the onboarding and integration of new acquisitions, account managers, and producers into the Risk Strategies Private Client team. Alongside his regional leadership duties, Jeff will personally advise family offices and high-net-worth individuals on managing their personal risks.

    “Jeff brings extensive experience in delivering sustained organic growth, building cohesive teams, fostering a dynamic sales culture, and developing talent,” said Tim deRosa, COO of Private Client Services, Risk Strategies. “We are excited to welcome him to the Risk Strategies Private Client team, where he will play a pivotal role in advancing our strategic vision as we continue to expand.”

    With over 25 years in the insurance industry, Clinkscales has amassed extensive expertise in private client services, family office risk management, claims management, and commercial property and casualty (P&C). Most recently, he served as Vice President of USI’s Personal Risk practice. There, Clinkscales specialized in technical placements, managed inter-division relationships, and demonstrated strong leadership in mentoring and team management.

    “Jeff Clinkscales’ appointment as SVP, Private Client Services Leader for the West Region is a pivotal step in advancing our strategic growth and expansion plans,” said Pat Roth, West Region Leader, Risk Strategies. “His expertise in team building and collaborative leadership, coupled with his extensive industry experience, will be crucial in strengthening our market leadership and driving continued success across the West Region.”

    “I am thrilled to join Risk Strategies as the Private Client Services Leader for the West Region,” shared Clinkscales. “I am eager to leverage my experience to drive growth, build resilient teams, and strengthen client relationships. I look forward to contributing to Risk Strategies strategic vision and supporting the expansion of our services across the West Region.”

    A resident of Portland, Oregon, Clinkscales enjoys fishing, supporting his community, and spending time with his family and dogs. He is also an Accredited Advisor in Insurance (AAI).

    To learn more about Risk Strategies, please visit riskstrategies.com.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com

    For all media inquiries:

    Brittany Gould
    Senior Account Executive
    978.518.4506
    Rsc@matternow.com

    The MIL Network

  • MIL-OSI: CallRevu Expands TestTrack – Now Available to All Dealerships Nationwide, Featuring New Challenges for Service Teams

    Source: GlobeNewswire (MIL-OSI)

    BALTIMORE, Oct. 16, 2024 (GLOBE NEWSWIRE) — CallRevu, the industry leader in communication intelligence for automotive dealerships, has expanded availability of TestTrack, its AI-driven, customizable training platform. Following a successful launch last month, TestTrack is now available to dealerships everywhere, empowering more teams to elevate their performance with immersive, real-world practice.

    With this expansion, TestTrack introduces over a dozen new challenges, including a dedicated focus on Fixed Operations (Fixed Ops) to better equip service teams. These additions are specifically designed to help service departments improve operational efficiency and customer satisfaction in an increasingly competitive market.

    Unlock New Opportunities in Training
    TestTrack is not just a training tool – it’s a dynamic platform where dealership staff engage in realistic, two-way role-playing scenarios designed to mirror the challenges they face every day. From sales to service, TestTrack now offers tailored modules to address all facets of dealership operations.

    “Since our initial launch, the demand for TestTrack has been overwhelming,” said Ben Chodor, CEO of CallRevu. “By expanding our offerings and opening the platform to all dealerships, we are enabling more teams to benefit from the unique, AI-driven experience that accelerates learning, boosts efficiency, and improves the customer journey.”

    Comprehensive Solutions for Fixed Ops Teams
    The new Fixed Ops challenges introduce service departments to critical customer interactions, helping them master scheduling, upselling, and providing excellent service. The goal is to drive improvements in appointment show rates, service upsells, and customer retention—all while reducing training time and costs.

    TestTrack Benefits for Your Dealership

    • Faster Skill Development: Continuous real-time practice with adaptive AI feedback accelerates team growth.
    • Enhanced Service Department Performance: Fixed Ops modules ensure service teams excel in providing the highest level of customer service.
    • Scalable Training for All: Whether it’s new hires or seasoned professionals, TestTrack adapts to each team member’s pace and needs.

    TestTrack is available now for all dealerships, offering unparalleled support in enhancing employee performance and customer satisfaction.

    About CallRevu
    Originating from within a dealership, we offer a unified solution designed specifically for the automotive industry. Our capabilities start from the origin with a comprehensive hosted phone system, call monitoring, performance training, and reputation management, all driven by real-time data and analytics to provide actionable, scalable insights.

    By transforming each interaction into valuable analytics and actionable insights, we empower our partners to make informed decisions, streamline operations, accelerate revenue growth, and cultivate customer excellence.

    Media Contact:
    corp.comms@callrevu.com

    For more information visit http://www.callrevu.com.

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b3101cd-da39-467c-99f8-ffd4fa00191a

    The MIL Network