NewzIntel.com

Category: Technology

  • MIL-OSI: Graphenix Development Inc. Awarded $100,000 SuperBoost Grant to Extend Cycle Life of Silicon Anode Lithium-Ion Batteries

    Source: GlobeNewswire (MIL-OSI)

    ROCHESTER, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — Graphenix Development Inc. (GDI), a Rochester-based battery materials company, has been awarded a $100,000 SuperBoost grant from the National Science Foundation’s Energy Storage Engine in Upstate New York. The funding will support GDI’s efforts to extend the cycle life of its 100% silicon anode technology through the development of a prelithiation method designed to improve battery durability and performance across sectors including defense, automotive, medical and wearable technologies.

    GDI’s silicon anodes are fabricated using a solvent-free, plasma-enhanced chemical vapor deposition (PECVD) process. The result is a high energy-density electrode that eliminates graphite, powders, binders and toxic solvents — simplifying the manufacturing process and enabling a more sustainable, domestically sourced battery supply chain. The SuperBoost project will focus on integrating lithium iron oxide (LFO) into high-nickel cathodes to enable in situ prelithiation, a method that compensates for lithium loss during early charging cycles and helps extend battery life.

    National security and defense applications are a key focus of GDI’s work, particularly as the United States seeks to secure domestic supply chains and enhance energy resilience. The project builds on GDI’s existing industry collaborations, including a next-generation tactical battery initiative with a U.S.-based defense-sector customer and ongoing evaluations with automotive manufacturers.

    Experimental work will take place at the Rochester Institute of Technology (RIT) Battery Development Center, where GDI will validate LFO-based cathode formulations in coin cells before scaling to pouch cells assembled in RIT’s dry room facility.

    “This support from the NSF Energy Storage Engine will allow us to advance a key part of our technology roadmap,” said Robert Anstey, CEO of GDI. “Improving cycle life through prelithiation will further enhance GDI’s performance advantages in Li-ion. We have already proven >30% energy density, and 15-minute fast charging with defense cell makers. Extending cycle life further and improving durability will be particularly important for dual-use applications.”

    Fernando Gómez-Baquero, director of the Translation Pillar at the NSF Energy Storage Engine, emphasized the role of the grant in strengthening battery innovation in the region. “Cycle life is a major challenge for silicon anode batteries,” he said. “GDI’s approach to addressing this through prelithiation aligns with the Engine’s mission to accelerate high-impact technologies that bolster U.S. manufacturing and national security.”

    Meera Sampath, CEO of the NSF Energy Storage Engine, noted the broader goals of the SuperBoost initiative. “Our SuperBoost program is designed to reduce the time it takes to bring cutting-edge energy storage technologies to market — from five years to fewer than two,” said Sampath. “GDI’s work reflects the kind of advanced materials innovation that not only strengthens domestic supply chains but also supports critical defense applications, positioning upstate New York as a center for next-generation battery solutions.”

    About Graphenix Development Inc.

    Graphenix Development Inc. (GDI) is developing a next-generation battery anode platform based on 100% silicon. Its proprietary PECVD fabrication process eliminates graphite, solvents, and binders, resulting in a cleaner, more scalable pathway to high energy-density lithium-ion batteries. Proving in 3rd party testing to increase energy density by >30% up to 900Wh/L, and enabling hundreds of repeated <15-minute charging cycles. GDI is headquartered in Rochester, NY. Learn more at www.gdinrg.com.

    Contact:
    Robert Anstey
    CEO and Founder
    Graphenix Development Inc.
    rob.anstey@graphnx.com

    About the NSF Energy Storage Engine in Upstate New York

    The NSF Energy Storage Engine in Upstate New York, led by Binghamton University, is a National Science Foundation-funded, place-based innovation program. The coalition of 40+ academic, industry, nonprofit, state, and community organizations includes Cornell University, Rochester Institute of Technology, Syracuse University, Griffiss Institute, Launch-NY and NY-BEST as core partners. The Engine advances next-gen battery technology development and manufacturing to drive economic growth and bolster national security. Its vision is to transform upstate New York into America’s Battery Capital.

    For more information on the NSF Energy Storage Engine in Upstate New York, visit https://upstatenyengine.org/.

    Contact:
    Fernando Gómez-Baquero Ph.D.
    Translation Pillar Director
    NSF Upstate New York Energy Storage Engine
    fernando@cornell.edu

    The MIL Network –

  • MIL-OSI: GoldenMining Launches Enhanced AI-Powered Cloud Mining Platform as Crypto Infrastructure Advances

    Source: GlobeNewswire (MIL-OSI)

    New York, July 08, 2025 (GLOBE NEWSWIRE) —

    Amid renewed momentum in the digital asset sector and a resurgence in tech equities, GoldenMining has unveiled an upgraded version of its automated crypto mining platform, leveraging intelligent computing technologies to optimize cloud-based operations. The launch comes as industry players focus on scalable, infrastructure-driven innovations in the blockchain space.

    GoldenMining operates a globally distributed network of data centers that power its AI-driven mining ecosystem. The platform supports real-time resource allocation and automatic switching between multiple cryptocurrency networks, including Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), and others. The goal is to enable users to engage in mining operations without the need for hardware, technical expertise, or on-site management.

    “We’re advancing mining accessibility through automation,” said a GoldenMining spokesperson. “Our platform is built to dynamically respond to network activity and adjust mining strategies accordingly—offering an efficient, hands-off entry point into crypto infrastructure.”

    Popular contract recommendations

    contract days Investment Amount Contract Rewards Total income
    Elphapex DG1+ 2 $100 $3 $106
    Bitmain S23 Hyd 5 $650 $42.25 $692.25
    AntminerL917GH 12 $1800 $287.28 $2087.28
    L916GH 30 $4500 $1890 $6390
    ElphaPex DG Hydro1 30 $7800 $3276 $11076
    Elphapex DG2 45 $12000 $180 $20100

    It only takes four steps to start:

    1. Register an account and get a trial bonus for new users; for more activities, please consult the official website: (www.GoldenMining.com)

    2. Select and activate the contract, and the cloud system automatically runs the mining machine;

    3. Receive daily profits: Daily profits will be automatically calculated and sent to your account. When your balance reaches 100. You can withdraw at any time or choose to automatically reinvest and enjoy compound interest

    4. Multi-currency parallel mining: In addition to BTC, GoldenMining supports DOGE, LTC, ETH, USDT, XRP and other currency mining. When XRP trading is active, it can automatically switch mining currencies to capture the increased bonus.

    Key Features of the GoldenMining Platform:

    • AI-Based Power Scheduling: Continuously monitors network difficulty and transaction activity to optimize mining allocation.
    • Multi-Currency Support: Enables simultaneous mining of various digital assets with automated switching based on network conditions.
    • Decentralized Infrastructure: Operates 13+ high-performance data centers worldwide to ensure system reliability and uptime.
    • Energy-Efficient Operations: Utilizes optimized hardware configurations and scalable infrastructure with an emphasis on sustainability.
    • User-Friendly Interface: Accessible via web and mobile platforms for real-time monitoring and system management.

    GoldenMining’s latest platform update is aligned with broader trends in the crypto industry, where automation and intelligence are becoming key pillars of next-generation blockchain participation. The company has also announced ongoing expansion of its mining infrastructure and plans to support additional payment channels and smart contract integrations in the near future.

    About GoldenMining

    GoldenMining is a global provider of cloud-based mining services, committed to developing accessible and fully automated solutions for digital asset enthusiasts. With users in over 100 countries and a growing network of international data centers, the company aims to simplify crypto infrastructure engagement at scale.

    Official Website: www.GoldenMining.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Surfshark partners up with MSI to grant more digital perks

    Source: GlobeNewswire (MIL-OSI)

    Surfshark, a cybersecurity company building the most beloved security products for everyone, announces a new partnership with MSI, a leader in gaming and high-performance computing solutions, to provide more digital perks to the members of the MSI Reward Program. Now, the program members can experience a free trial of Surfshark’s most popular VPN subscription plan. 

    “In today’s world, where digital footprints are constantly tracked and data breaches are on the rise, people more than ever seek tools that can help to reclaim digital privacy and strengthen online security. A VPN encrypts internet traffic and masks a person’s IP address, making it more secure to stay online. Therefore, this collaboration brings exciting opportunities for MSI users to enhance their online experience with Surfshark’s security and privacy,” says Justas Pukys, Sr. Product Manager at Surfshark.

    Members of the MSI Reward Program can redeem a free 1-month trial of Surfshark One with just 25 points. The MSI Reward Program is a loyalty platform where MSI users can earn points by registering products, completing tasks, or participating in events, and redeem those points for exclusive gifts, discounts, and digital perks, like Surfshark.

    “We understand how increasingly important online security is to our users,” says Vera Chen from MSI Partnership Alliance Marketing. “This partnership with Surfshark underlines our commitment not only to delivering high-performance hardware and innovation, but also to protecting user privacy and data. Whether gaming, creating content, or tackling demanding workloads, our users can now enjoy peace of mind knowing their internet experience is safeguarded by Surfshark’s leading VPN service.”

    Also, extra perks are provided for shoppers in Europe. Until July 22, 2025, customers who purchase selected items during the MSI summer sale on the MSI Official eShop can enjoy up to 30% off on selected products, and a one-month trial of Surfshark One included with selected MSI products. Special offers are provided for Germany, France, Spain, and Poland.

    For more information, read here.

    ABOUT SURFSHARK

    Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For information about Surfshark’s previous independent verifications and certifications, visit our Trust Center.

    ABOUT MSI

    MSI (Micro-Star International) is a world leader in gaming, content creation, business & productivity, and AIoT solutions. Operating in over 120 countries, MSI is renowned for its high-quality laptops, desktops, graphics cards, motherboards, monitors, and more. Driven by innovation and a passion for technology, MSI is committed to delivering the best user experiences through cutting-edge R&D, intuitive design, and exceptional product quality. Discover more about MSI at msi.com.

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    The MIL Network –

  • MIL-OSI: Flexera Announces Winners of the 2025 Technology Intelligence Awards

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., July 08, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today announces the winners of the fifth annual Technology Intelligence Awards. The awards recognize organizations that have demonstrated exceptional achievements in leveraging IT Asset Management (ITAM), FinOps and SaaS Management to drive growth, innovation and positive impact. 

    “Our customers continue to redefine what’s possible and drive innovation across ITAM, FinOps and SaaS Management,” said Roy Ritthaler, Executive Vice President of Customer Value at Flexera. “The Technology Intelligence Awards celebrate these remarkable achievements, recognizing their relentless focus on optimizing technology spend, reducing risk, and making smarter, data-driven decisions. This year’s winners demonstrate a shift toward a holistic approach, integrating cloud and SaaS solutions, treating them as interconnected parts of an optimization strategy.”

    The award entries from Flexera customers worldwide highlighted key industry trends including:

    • The evident adoption of policy-driven automation and machine learning, showing transitions from pilots to production for cost savings and enhanced IT visibility.
    • A focus on purpose-led optimization and modernization, aligning ITAM with broader business goals.
    • The FinOps submissions indicated a rise in financial accountability in engineering, with budgets linked to team KPIs, cost awareness integrated into workflows, and greater ownership of spend across technical teams.

    “We’re honored to receive the Breakthrough Award from Flexera,” said Michał Sawicki, Senior Contract and License Lead at Heineken. “This recognition reflects the dedication and innovation of our Software Asset Management team at Heineken, and the strong partnership we’ve built with Flexera. Thank you for supporting our journey toward a smarter, more efficient and innovative software landscape.”

    This year’s winners and honorable mentions are:

    Breakthrough of the Year: Recognizing the submission that redefined what’s possible through innovation, intelligence, and measurable impact.

    Impact of the Year: Recognizing an organization that has achieved significant, business-wide impact using any Flexera solution—or a combination of multiple solutions. 


    Innovation of the Year:     Recognizing organizations that have used Flexera solutions in a new or creative way to solve a problem. 


    ITAM Excellence:     Recognizing outstanding achievement in ITAM using Flexera One ITAM or SAM on Snow Atlas. 


    SaaS Management Excellence:     Recognizing organizations that have successfully optimized SaaS management using Flexera One SaaS Manager or Snow SaaS Management. 


    FinOps Excellence:     Recognizing organizations leading the way in FinOps by maximizing ROI from cloud spend. 

    Technology for Good: Recognizes organizations that leverage Flexera’s technology solutions to drive social or environmental impact. 


    Rookie of the Year:     Recognizes a new Flexera customer that has successfully implemented any Flexera solutions in the past year (starting May 2024). 

    This year’s awards were evaluated by an independent panel of industry analysts and practitioners, which included:

    Winners were selected based on the quality and clarity of their submissions, tangible metrics demonstrating success, and measurable business outcomes. The 2025 Technology Intelligence Awards recognize fifteen customers from the US, UK, Switzerland, Kenya, Turkey, India and Australia.

    For more information on the award winners and categories, please visit: https://www.flexera.com/customer-success/awards.

    Follow Flexera 

    About Flexera

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    For more information, contact:

    Ciri Haugh
    Flexera
    publicrelations@flexera.com

    The MIL Network –

  • MIL-OSI Submissions: There are many things American voters agree on, from fears about technology to threats to democracy

    Source: The Conversation – UK – By Emma Connolly, Research Fellow, Digital Speech Lab, UCL

    During his recent public spat with Donald Trump, Elon Musk tweeted a poll asking if a new political party would better represent the 80% of voters in the middle. Hundreds of thousands of people responded and more than 80% answered “yes”.

    The middle is still overlooked in US politics. This is because there is a perception that Republicans and Democrats have nothing in common, and therefore no issue will win support from both centrist Republicans and Democrats.

    Polarisation is problematic as it is linked to “democratic backsliding” – the use of underhand tactics in political processes. Worst of all, it poses a threat to democracy.

    Many think that polarisation is fuelled by echo chambers created on social media platforms. These only expose people to beliefs similar to their own.

    However, I study how narratives emerge on social media, and ways to investigate them. My work has two aims: first, to identify political issues that are likely to cross party lines, and a wider goal of exploring the role of social media in mitigating, rather than exacerbating, levels of polarisation.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Earlier this year, for example, I sorted through 12,000 posts from Republican and Democrat voters on subreddits (online forums discussing specific topics). Using a technique I developed in my PhD research, I analysed attitudes to contested political issues around the time of Trump’s inauguration. Like other researchers, I am finding that there are things both sides often agree on, and that not every issue splits neatly across party lines.

    Pew Research shows what Democrats and Republicans agree on.

    Although it’s a complex topic, people from both parties are worried about levels of free speech on social media. According to my work and other sources, some Democrats accuse TikTok of censoring hashtags such as #FreeLuigi (a reference to Luigi Mangione, accused of murdering UnitedHealthcare CEO, Brian Thompson).

    Meanwhile, some Republicans are saying they are flooded with what they see as left-wing content pushed by the algorithms. Despite their differences, Republicans and Democrats agree that social media platforms need to be more transparent about the way they work.

    Both sides worry about the rise of authoritarianism and the growing negative influence of artificial intelligence in shaping the US’s future. There is a sense among some members of the two parties that the real enemies aren’t each other, but powerful corporations who hold too much power.

    People on both sides of the political divide can be distrustful of tech companies and big businesses, where billionaires have power regardless of who’s in charge. Divisions of “up v down” could be alternatives to seeing divisions as “left v right”.

    Some people are worried about the creation of a massive database of citizens’ details, and how their details could be used, or abused. Recently Republican Marjorie Taylor Greene said she would have opposed Trump’s “big, beautiful, bill”, had she read the AI clause thoroughly. The clause stops states from passing laws to regulate AI systems for the next ten years.

    What do people agree on?

    On the topic of protecting democracy, there are some suggestions that many Republicans and Democrats agree this is important, and under threat. In my study, some Republican and Democrat voters object to the possibility of Trump having a third term, aligning with the findings of several recent polls on the subject, and even among Trump’s most loyal support groups.

    Both Republicans and Democrats want “the best” leaders who could get things done fast and efficiently. But it would appear that people on both sides are concerned about the “slash-and-burn” way that Doge (the Department for Government Efficiency, the new agency tasked with cutting federal spending) is working.

    Also, deciding who is the best leader isn’t always about agreeing with specific policies. Instead, it’s about delivering decisive, efficient action. Even Republicans who don’t back everything Trump is doing say that at least he is doing something, especially in relation to immigration.

    Many Republicans criticise the left, and former Democratic presidential candidate Kamala Harris in particular, but for unclear messaging, as much as any one policy. They (and others) put her loss down to a lack of direction and clarity on key issues (among other things). This probably resulted in failing to win votes from independents and moderate Republicans and many Democrats are frustrated that the party still hasn’t addressed this.

    Research suggests that Democrat and Republican voters often agree that polarisation causes gridlock and prevents progress, but believe voices from the middle are not being heard. Some Republicans and Democrats also share a concern that both parties are more focused on fighting each other than on solving problems, with 86% of Americans believing this.

    Some Republican voters in the posts I am analysing suggest that working together to get things done would be positive, supporting findings from the US and abroad. Other important factors rather than political party, such as religion or family or everyday life experiences can bring people from both sides together.

    So, Americans might not be as divided as one might think. Levels of polarisation feel high but this could be skewed by the extreme views of a minority on both sides. And it isn’t helped by some sensationalist media reporting.

    Lots of people get their news from social media platforms which reward and monetise engagement. Posts that fuel division are often the most visible, but they rarely tell the whole story. Divisive views are also often shared by those who are themselves the most polarised.

    Like Musk’s online poll, research is starting to suggest that there is still a sizeable moderate middle in the US today who are open to compromise through clear messaging. These voters can make all the difference, especially if parties can frame issues in ways that appeal across the divide. With the 2026 midterm elections on the horizon, both sides might want to listen to them more.

    Emma Connolly 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. There are many things American voters agree on, from fears about technology to threats to democracy – https://theconversation.com/there-are-many-things-american-voters-agree-on-from-fears-about-technology-to-threats-to-democracy-258440

    MIL OSI –

  • MIL-OSI: Leadership Transition at WorldTrips

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) —
    Tokio Marine HCC, based in Houston, Texas, today announced a key leadership transition, effective July 1, 2025, at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana.

    After years of dedicated service and transformational leadership, Mark Carney will transition from his role as CEO of WorldTrips to become its Chairman, where he will continue to shape the company’s strategic direction and support long-term growth initiatives.

    At the same time, Philip Hsia has been appointed CEO of WorldTrips. A proven leader with deep global experience, Hsia has led Tokio Marine HCC’s Global Travel Group, including oversight responsibility of WorldTrips, since 2018. He has been an integral part of the organization’s success and is well-positioned to lead the company through its next phase of innovation and expansion.

    Susan Rivera, Tokio Marine HCC’s CEO, shared the following statement:

    “Mark’s leadership has been foundational to the growth and resilience of WorldTrips. Under his guidance, the company navigated unprecedented challenges, including the global pandemic, and recently completed launching our Cayman Islands insurance operation, positioning WorldTrips for greater flexibility and future scalability.

    I am deeply grateful for Mark’s continued commitment in his new role as Chairman. His focus on long-term strategy and leadership development will remain a vital part of WorldTrips’ ongoing success.

    I’m equally excited to welcome Philip Hsia as the next CEO of WorldTrips. Phil brings proven strategic and managerial expertise with a global perspective. He has our full confidence and support as he steps into this role.”

    The transition follows a strategic succession planning process initiated earlier this year. With the foundation in place, including a broadened product portfolio and enhanced operational agility, WorldTrips is primed to accelerate its mission of helping travelers explore the world with confidence.

    “WorldTrips is entering an exciting new chapter,” added Rivera. “With Mark and Phil in their new roles, I am confident the company will continue to lead with purpose, innovation and a deep commitment to serving customers around the globe.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    About WorldTrips
    WorldTrips, located in Carmel, Indiana, is a full-service organization offering a comprehensive portfolio of travel medical and trip protection insurance products designed to address the insurance needs of travelers worldwide. WorldTrips is a member of the Tokio Marine HCC group of companies. For more information about WorldTrips, please visit WorldTrips.com.

    In the State of California, operating as WorldTrips Insurance Services. California Non-Resident Producer License Number: 0G39705.

    Contact: Doug Busker, Vice President – Public Relations
      Tokio Marine HCC
      713-996-1192

    The MIL Network –

  • MIL-OSI: The world’s leading cloud mining brand: BJMining launches a new cloud mining guide

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin stabilizes above $108,000, the entire crypto market is showing a positive recovery trend. Data shows that global investors are gradually shifting from high-risk, high-volatility cryptocurrency speculation to a more sustainable, low-threshold long-term mining income model. As the world’s leading green cloud mining platform, BJMining is taking advantage of the opportunity to launch a new user guide to help ordinary users easily open a new era of passive income from digital assets.

    What is BJMining?

    Founded in 2015, BJMining is a global intelligent cloud mining platform headquartered in the UK. The platform is committed to transforming the traditional complex mining machine construction into a one-stop cloud service, and through AI scheduling system and green energy mines, it provides safe, convenient and high-yield mining solutions for more than 5 million users worldwide.

    BJMining CEO: “Turning mining into a daily income tool for people around the world”

    William Thomas, CEO of BJMining, said: “Cloud mining should no longer be exclusive to the technical elite. Our mission is to create a safe, green, barrier-free long-term income solution for users around the world. The launch of this new guide will further lower the threshold for user participation and help everyone enjoy the dividends of the digital economy.”

    Six core highlights: How BJMining redefines the “mining experience”

    • Register now to enjoy $15 cloud newcomer bonus, truly zero-cost trial mining:
      Users can get a $15 new member reward by registering. They can receive $0.6 in income every day without recharging, and easily experience the real mining process.
    • AI intelligently allocates the best-yield mining machine, no operation required:
      The AI ​​algorithm independently developed by the platform will automatically analyze the real-time currency price, difficulty, and popularity, and dynamically switch to mining assets with the best returns, covering BTC, DOGE, ETH, LTC and other currencies.
    • Global green energy layout to achieve 100% carbon neutrality:
      BJMining has deployed multiple solar- and wind-powered data centers in North America, Europe, Latin America, and the Middle East. All mining machines are powered by renewable energy, ensuring both environmental protection and high efficiency.
    • Diversified contracts can be freely configured to meet different user strategies:
      The platform contracts range from short-term contracts of 2 days to long-term contracts of 45 days, which can meet the diverse needs of miners from novices to experienced miners. Users can combine their positions at any time to optimize the mining income structure.
    • Powerful App management system, income withdrawals are instantly credited to your account:
      BJMining App is now available on both iOS and Android platforms, supporting real-time contract tracking, wallet binding and one-click withdrawal of earnings, with an average withdrawal time of less than 60 seconds.
    • High referral rewards:
      3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.

    Investor behavior changes: from cryptocurrency speculation to stable mining

    More and more long-term holders of XRP, SOL, ETH, etc. have begun to abandon high-volatility intraday operations and instead choose low-intervention, continuous-yield cloud mining platforms like BJMining as the core way to preserve and increase the value of their assets.

    User feedback shows that BJMining’s medium- and long-term contracts can bring stable returns of up to thousands of dollars per day, especially when the currency price fluctuates or goes sideways, showing strong risk resistance.

    Some of the hot-selling contracts are as follows:

    • WhatsMiner M50S+：Invest $100 for 2 days, total net income is $106;
    • WhatsMiner M60S++：Invest $600 for 7 days, total net income is $652.50;
    • Avalon Miner A1566：Invest $1200 for 15 days, total net income is $1434;
    • WhatsMiner M66S+：Invest $5800 for 30 days, total net income is $8410;
    • Antminer L7：Invest $12000 for 40 days, total net income is $20160;
    • Antminer S21e XP Hyd：Invest $27000 for 45 days, total net income is $48870;

    (All contracts are automatically scheduled by AI, settled daily, and can be flexibly withdrawn)

    Global layout upgraded again, future development blueprint exposed

    In order to serve more users, BJMining will launch the following strategic modules:

    • XRP chain-specific smart mining contracts and cross-chain mining machine adaptation technology
    • Green computing power NFT certification system, showing carbon neutrality footprint online
    • Multi-currency stable income pool, integrating DOGE, BTC, and XRP for joint mining
    • Web3 wallet one-click binding mechanism improves user on-chain asset management experience

    Conclusion:

    As a global green and compliant cloud mining brand, BJMining not only provides new users with a $15 new user bonus, but also opens a new path to financial freedom for everyone in the world. No equipment, no professional knowledge, no need to deal with the drastic fluctuations in the currency market, truly realizing “passive income in the cloud”.

    Register a BJMining account now, receive a $15 new member reward, and start your own mining journey!

    Official website address: https://bjmining.com
    Official email: info@bjmining.com

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    The MIL Network –

  • MIL-OSI: Solomon Partners Hires Jonathan Hemmert as a Partner to Build a Dedicated Professional Services Group

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent affiliate of Natixis, today announced that Jonathan Hemmert joined the firm as a Partner in its newly formed Professional Services Group. With over 20 years of experience, Mr. Hemmert brings deep expertise to Solomon. In this role, he will serve clients within the Professional Services space, focusing on Human Capital businesses, including specialized broker-dealers and consulting firms.

    Previously, Mr. Hemmert was a Managing Director at Keefe, Bruyette & Woods (KBW), where he led the firm’s efforts across the broker-dealer and specialty advisory space. His notable transaction experience includes the sale of Battea-Class Action Services to SS&C Technologies, Aviditi Advisors to Piper Sandler, Triago to Houlihan Lokey, CRC-IB by CohnReznick to Canaccord Genuity, DBO Partners to Piper Sandler, Capstone Partners to Mizuho, and DH Capital to Citizens Financial. Mr. Hemmert graduated summa cum laude with a BA from Bucknell University.

    “Jonathan has an exceptional track record of advising clients across the Professional Services landscape,” said Marc Cooper, CEO of Solomon Partners. “His deep industry expertise and commitment to clients make him a perfect addition to our growing team.”

    “I look forward to joining Solomon’s growth-oriented platform. The firm’s entrepreneurial and client-centric culture will resonate with the core client base across the Professional Services and Human Capital sectors,” Mr. Hemmert commented. “The professional services landscape is evolving fast. The influx of institutional capital is going to accelerate and broaden the scope of M&A activity, and we will continue to be at the forefront of this marketplace.”

    About Solomon Partners

    Solomon Partners is a leading investment bank – one of the first independent firms in the industry. We maximize shareholder value for our clients through our unmatched expertise and experience. We advise on mergers & acquisitions, restructurings and capital solutions across a range of sectors including Business Services; Consumer Retail; Distribution; Financial Institutions; Financial Sponsors; Fintech; Grocery, Pharmacy & Restaurants; Healthcare; Industrials; Infrastructure, Power & Renewables; Media & Entertainment; Professional Services; and Technology. Solomon Partners is an independently operated affiliate of Natixis, part of Groupe BPCE. For further information, visit solomonpartners.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b7fcbf4-e248-4cd0-8a69-d4df798c7ffc

    The MIL Network –

  • MIL-OSI Russia: XV International Industrial Exhibition “Innoprom”.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The International Industrial Exhibition “Innoprom” has been held in Yekaterinburg annually since 2010 and is the main industrial, trade and export platform in Russia, serving as a platform where the foundations of industrial policy are laid. About 80% of the exhibition visitors are professional buyers from different countries of the world, specialists of industrial enterprises making decisions on the introduction of new products and technologies in production.

    The 15th International Industrial Exhibition Innoprom is taking place from July 7 to 10 at the Yekaterinburg-Expo IEC. The theme of Innoprom 2025 is Technological Leadership: Industrial Breakthrough.

    Drive

    Meeting of Mikhail Mishustin with Acting Governor of Sverdlovsk Region Denis Pasler

    Mikhail Mishustin inspected a prototype of the modernized Il-114-300 passenger aircraft

    Five countries are represented with national expositions this year: the partner country of Innoprom-2025 – the Kingdom of Saudi Arabia, as well as the republics of Kyrgyzstan, Kazakhstan, Uzbekistan, and Belarus.

    Among Russian companies, large-scale stands will be presented by the Rostec State Corporation, the Rosatom State Corporation, Sber, GPB, Sinara, TMK, and PC Transport Systems. Collective expositions are planned to be presented by 33 regions of Russia: Vologda Oblast, DPR, Zaporozhye Oblast, Kaluga Oblast, Kirov Oblast, Krasnodar Krai, Krasnoyarsk Krai, Kurgan Oblast, Lipetsk Oblast, LPR, Moscow, Orenburg Oblast, Oryol Oblast, Perm Krai, Primorsky Krai, Rostov Oblast, Republic of Bashkortostan, Republic of Karelia, Komi Republic, Mari El Republic, Republic of Tatarstan, Samara Oblast, Sakhalin Oblast, Sverdlovsk Oblast, Tambov Oblast, Tver Oblast, Tomsk Oblast, Tula Oblast, Udmurt Republic, Chelyabinsk Oblast, Chuvash Republic, Kherson Oblast, Khanty-Mansi Autonomous Okrug – Yugra.

    Collective national expositions occupy an area of 2,445 sq. m. Official delegations are expected from China, the UAE, Pakistan, Turkmenistan, Tajikistan, Armenia, Myanmar, Egypt, Ethiopia, Zimbabwe, the Central African Republic, Congo, Burkina Faso, Bosnia and Herzegovina, as well as countries represented with national expositions. Delegations of business representatives from at least 52 countries are expected, including Iran, Qatar, China, Pakistan, Afghanistan, Senegal, Guinea, Ghana, and Turkey.

    The main tracks of the Innoprom business program are: International Cooperation, Industrial Innovations, Digital Production, Industrial IT, Cybersecurity in Industry, Finance and Industry, Industrial Infrastructure, New Mobility, Technologies for Cities, Labor Productivity, Human Resources, and Educational Solutions for Industry. The business program sessions will be held throughout all four days of the exhibition.

    The key event of the Innoprom-2025 business program will be the main strategic session “Technological Leadership: Industrial Breakthrough”, within the framework of which the presentation of the 11th Russian National Industrial Award “Industry” is planned.

    The award was established in 2014 by the Ministry of Industry and Trade to promote the implementation of advanced technologies in industrial production and public recognition of the best practices of Russian companies in industrial development. In 2015, “Industry” was awarded the status of a Government Award. In 2025, a record number of applications was received – 392. The largest number of applications came from Moscow, St. Petersburg, Sverdlovsk, Moscow and Chelyabinsk regions. The nominees were Biotekhno LLC, KEAZ JSC, Optic Fiber Systems JSC, NPP Radar MMS JSC and Severstal PJSC. The projects of the laureate and nominees will be presented at the stand of innovative industrial projects of the Ministry of Industry and Trade.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: The Department of Construction Materials Technology and Metrology has developed methods to improve the fire safety of concrete

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Associate Professor of the Department of Construction Materials Technology and Metrology Dmitry Panteleev completed the research work “Crack resistance of dispersion-reinforced concrete after high-temperature heating” as part of the grant competition for the implementation of research work by scientific and pedagogical workers of SPbGASU in 2025.

    Every year in Russia there are many fires in buildings and structures. Their number can be reduced by increasing the requirements for the structural safety of buildings. For this, when designing, in addition to calculating the load-bearing structure for strength, it is also necessary to carry out a fire resistance calculation to guarantee the preservation of the load-bearing capacity in fire conditions for a specified time.

    In case of fire, high fire resistance of building structures is a guarantee not only of the structural integrity of the building, but also of the safety of people. After the fire starts to affect the structure, concrete can explode, breaking off from the heated surface in plates. Pieces of peeling concrete fly off with a bang to a distance of up to 10 m.

    During the research, fibre-reinforced concrete compositions were designed and manufactured, followed by determination of their properties after exposure to high-temperature heating.

    It was found that the use of steel fiber can increase the crack resistance and fracture toughness of concrete structures, thereby making them safer in the event of a fire, while the use of synthetic microfiber helps to avoid explosive destruction.

    As a result of the research, effective versions of fiber concrete were developed using high-modulus steel and low-modulus synthetic fibers to obtain highly fire-resistant concrete, to increase their technical and economic efficiency, reliability and operational safety of building and structure structures.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Shanghai Welcomes Pushkin: Special Exhibition Introduces Chinese to Russian Poet

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    SHANGHAI, July 8 (Xinhua) — A special exhibition titled “Great Poet, Pride of the Nation – A.S. Pushkin and Eastern Repercussions” opened at the China Printing and Publishing Museum in Shanghai on Monday.

    The event presents more than one hundred exhibits from the collection of the All-Russian Museum of A.S. Pushkin, which provide a comprehensive overview of the creative path of Alexander Pushkin and the dissemination of his works in China over more than 100 years. Many of them were imported to China for the first time and shown to the country’s residents.

    The exhibition consists of three parts dedicated to the poet’s biography, his classical works, and his connection with China. Pushkin’s study in the Mikhailovskoye estate, where the Russian poet created the historical drama “Boris Godunov” and other famous lyric poems, was recreated on site.

    The exhibition also features valuable works of art created by Russian artists from the late 19th to the early 21st century, such as Ilya Repin’s painting “The Duel of Onegin and Lensky,” Alexander Benois’s illustrations for “The Bronze Horseman,” and Vladimir Favorsky’s illustrations for “Boris Godunov.”

    In addition, the exhibition pays great attention to the dissemination of the Russian poet’s works and their influence in China, and presents rich literary sources, including a copy of the Shiu Bao newspaper, in which, as is known, A.S. Pushkin was first mentioned in China.

    At the same time, the exhibition also displays manuscripts and personal collections of Chinese translators, which have become important evidence of Sino-Russian literary exchanges. Among them are works and translations by Ge Baoquan, Wang Zhiliang, Feng Chun, as well as the Pushkin Medal awarded to Liu Wenfei and his award certificate.

    Museum visitors can use an interactive device to receive commemorative postcards printed with poems such as “If Life Deceives You…,” translated by Ge Baoquan, Feng Chun and Liu Wenfei.

    The exhibition opened to the public on Tuesday and runs until October 9.

    Shanghai has an inseparable connection with Pushkin. Let us recall that at the beginning of the 20th century, Pushkin’s novel “The Captain’s Daughter” was translated into Chinese and published in Shanghai. This novel became the first work of Russian literature translated into Chinese and published as a separate book, which, according to some scholars, marked the beginning of the translation and dissemination of Russian literature in China.

    Moreover, in one of the squares of the Chinese metropolis there is a monument to the great Russian poet, which was originally erected in early February 1937, restored in February 1947 and reconstructed in August 1987. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: Bell Wealth Partners Launches with Support of LPL Strategic Wealth Services

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that father and son financial advisors Robert Bell, II, AIF®, and Keegan Bell, AIF®, AAMS®, have launched a new independent practice, Bell Wealth Partners, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. The team reported serving approximately $450 million in advisory, brokerage and retirement plan assets* and joins LPL from Raymond James.

    Headquartered in Fairbanks, Alaska with an additional office in Medford, Ore., the ensemble practice has developed a strong reputation over the years for providing holistic experiences and personalized services to address each aspect of a client’s financial life. The Bells are managing partners of the firm and are joined by fellow advisor Tom Cook and client associates Renee Schoettle, Margarita Duran-Espino, Jamie Walker and Kirsten Bell, Robert’s wife.

    “We are all deeply invested in helping our clients work toward their financial goals,” Robert said. “We take the time to get to know each client on a personal level to better understand their financial aspirations, and we work with their accountants and attorneys to create a customized plan that is right for them. It’s our goal to help clients have happy, fulfilled lives, and we consider it our privilege and responsibility to help them with that.”

    Why they made the move to LPL Financial

    The transition to LPL Financial is underpinned by the team’s aspiration to augment client experiences and cater to the next generation of wealth.

    “We’re moving to LPL so we can add more value to the client experience as we seek new ways to go above and beyond,” Keegan said. “We want to be a one-stop shop—a center to help with a clients’ entire financial situation. This move allows us to really increase that value add and better take care of them, not just for them but for the next generation of wealth and the transfer to their beneficiaries.”

    The team was drawn to LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.

    “Strategic Wealth Services was truly a differentiating factor in our decision to move,” Robert said. “We are joining a very niche group at LPL, which allows us to collaborate with others in the model and access a team of specialists, including high-net-worth and trust consultants. This move enables us to add an extra layer of planning and ensure we’re not just taking care of clients now, but their beneficiaries as well.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Robert, Keegan, Tom, Renee, Margarita, Jamie and Kirsten to the LPL community and congratulate them on going independent with LPL Strategic Wealth. Just as the Bell Wealth Partners team is committed to helping their clients work toward their fiscal goals, LPL provides advisors with innovative technology and sophisticated capabilities to help them provide an elevated client experience. We look forward to supporting Bell Wealth Partners 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) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    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. Bell Wealth Partners and LPL are separate entities.

    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, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #760446

    The MIL Network –

  • MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

    Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

    Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies

    • Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
    • Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
    • Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile

    — Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

    “We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

    Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

    …Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

    “Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

    Other recent oncology developments in the biotech industry of note include:

    Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

    The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

    Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

    “The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

    Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

    “We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

    AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

    The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

    In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

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

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

    Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

    Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies

    • Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
    • Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
    • Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile

    — Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

    “We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

    Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

    …Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

    “Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

    Other recent oncology developments in the biotech industry of note include:

    Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

    The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

    Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

    “The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

    Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

    “We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

    AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

    The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

    In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

    About FN Media Group:

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

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

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

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

    This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

    Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

    This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

    Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

    This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

    Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

    This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

    Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Xsolis’ AI-Driven Solution, New Features Evaluated in KLAS Second Look Report

    Source: GlobeNewswire (MIL-OSI)

    FRANKLIN, Tenn., July 08, 2025 (GLOBE NEWSWIRE) — Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, was featured today in the KLAS Second Look Report, “Xsolis Platform 2025: Improving Utilization Management, Length of Stay & Denial Performance Through AI-Driven Offerings in the Mid-Revenue Cycle.” The KLAS Second Look Report focuses on how the customer experience has changed over the past four years, including as a result of enhancements made available within Dragonfly, the next generation of the company’s AI-driven platform.

    KLAS is an independent research organization that helps healthcare providers make informed technology decisions by offering accurate, honest, and impartial vendor performance information. KLAS interviewed Xsolis clients in early 2025 for a second look, and reports the following anonymized key findings:

    • Respondents report satisfaction within the Key Performance Indicators:
      • Supports integration goals
      • Product has needed functionality (delivers solutions as expected)
      • Executive involvement
      • Likely to recommend
    • 89% of KLAS-surveyed customers report using Xsolis’ AI technology to minimize preventable denials
    • 91% of respondents say they are Satisfied or Highly Satisfied with Overall Performance
    • 88% of respondents say they saw outcomes Immediately, Within 6 Months, or Within 6-12 Months
    • 78% engage in payer-provider communications through the Dragonfly platform
    • Respondents who have been on Xsolis’ AI-driven platform for more than one year report excitement about new updates and functionalities that are being offered as a result of Dragonfly
    • Respondents report the top reasons they selected the Xsolis platform as: advanced AI technology, excellent customer service, seamless EHR integration, and positive references
    • Respondents say the Xsolis platform has reduced the length of patient stays, saved on costs, and improved observation rates and denials rates

    “What has changed with our most recent KLAS survey effort is our expanded footprint and the problems Xsolis solves, including optimizing length-of-stay and increasing payer-provider collaboration, which have been critical in bringing relief to our clients,” said Joan Butters, CEO and co-founder of Xsolis. “As we enhance our solutions to deliver frictionless healthcare in meaningful, new ways for our clients, it is both validating and informative to learn their feedback as we continue to meet their evolving needs.”

    A Kaiser Family Foundation survey from 2023 revealed claims denials are up, with nearly one in five adults experiencing health insurance claim denials in the previous year. Adjudicating denials costs just under $20 billion a year, and around half of denials are ultimately overturned — a costly problem that can be improved with tools that accelerate payer-provider alignment. Late 2024 marked an inflection point for payer-provider friction and how it affects the patient experience, accelerating the need for transparency and reform.

    Xsolis was featured in a KLAS Top 20 Emerging Solutions Report and as one of the top five solutions for reducing the cost of care in 2022 and was listed in 2025 as No. 1 Best in KLAS for Physician Advisory Services for the fourth year. A payer client’s and provider client’s use of Xsolis’ shared platform was recognized in a 2023 KLAS Points of Light Case Study, which highlights successful payer-provider initiatives that lead to an improved patient experience.

    As a pioneer in the practical, effective application of AI in healthcare, Xsolis has been helping its clients make more informed medical necessity decisions during utilization reviews since 2013. Dragonfly represents the next generation of the company’s AI-driven platform and was launched in late 2024. The platform is powered by Predictive AI models, offers new Generative AI tools, and can be augmented with advanced analytic packages such as Navigate to reduce length of stay or Revenue Integrity Insights. Xsolis also offers Denials Management Services and Physician Advisory Services. To date, Xsolis’ solutions are used in more than 500 hospitals nationwide, with two-thirds having shared AI platform access with their networked health plans.

    To learn more about Xsolis, please visit: www.xsolis.com

    Download the KLAS Second Look Report here: https://www.xsolis.com/2025-klas-second-look-report/

    KLAS subscribers can access the report here: https://klasresearch.com/report/xsolis-platform-2025-improving-utilization-management-length-of-stay-and-denial-performance-through-ai-driven-offerings-in-the-mid-revenue-cycle/3746

    About Xsolis
    Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly®, its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com.

    About KLAS
    KLAS is a research and insights firm on a global mission to improve healthcare. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software and services to deliver timely reports and performance data that represent provider and payer voices and act as catalysts for improving vendor performance. The KLAS research team publishes reports covering the most pressing questions facing healthcare technology today, including emerging technology insights, that provide early insights on the future of healthcare technology solutions. KLAS also fosters measurement and collaboration between healthcare providers and payers and best practice adoption. Learn more at klasresearch.com.

    The MIL Network –

  • MIL-OSI: Blue Mantis to Empower Massachusetts Agencies with Advanced Cybersecurity Preparedness

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., July 08, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced that it has been selected as a preferred vendor by the Commonwealth of Massachusetts to deliver Cyber Incident Response Plan (IRP) and Tabletop Exercise (TTX) services to state agencies as part of the State and Local Cybersecurity Grant Program. This federal grant program enables Blue Mantis to further its commitment to strengthening the Commonwealth’s overall cybersecurity posture at the state and local level.

    Empowering State Agencies to Build Resilience Against Cyber Threats
    With the growing sophistication and frequency of cyberattacks, state agencies face mounting pressure to safeguard sensitive data, maintain critical operations, and demonstrate compliance with evolving statutes and regulations. The Blue Mantis IRP and TTX program provides Massachusetts agencies with comprehensive, scalable, and actionable solutions for incident response planning and cyber readiness.

    Through this contract, agencies can access:

    • Custom-Tailored Cyber Incident Response Plans (IRPs): Developed in alignment with industry best practices (NIST, CISA), these plans provide clear protocols, role assignments, and communication strategies, ensuring agencies are equipped to respond effectively to cyber incidents.
    • Scenario-Based Tabletop Exercises (TTXs): Interactive exercises based on the MITRE ATT&CK® framework allow agencies to test and validate their incident response plans, uncover potential gaps, and enhance cross-team coordination.
    • Proven Methodologies and Expertise: Drawing on over 30 years of experience supporting public sector and enterprise organizations, Blue Mantis combines deep technical expertise with a collaborative, customer-first approach that prioritizes measurable outcomes.
    • Accelerated Service Delivery: With the capacity to support multiple agencies simultaneously and a streamlined engagement lifecycle, Blue Mantis ensures agencies receive timely, high-quality support tailored to their unique operational environments.
    • Alignment with Compliance and Security Standards: All services are designed to meet or exceed the Commonwealth’s information security policies, accessibility standards, and regulatory requirements.

    A Partnership Built on Experience and Results
    This initiative is supported by Blue Mantis’ partnership with the Executive Office of Technology Services & Security (EOTSS). Together, these organizations are ensuring that Commonwealth agencies have access to best-in-class cybersecurity services, driving greater resiliency and preparedness across the public sector.

    “Cybersecurity is a team sport, and protecting the Commonwealth’s agencies requires public-private collaboration, expertise, and unwavering commitment,” said Josh Dinneen, CEO of Blue Mantis. “Thanks to our partnership with EOTSS, Blue Mantis is uniquely positioned to help state agencies anticipate, withstand, and recover from cyber threats. Our IRP and TTX services empower agencies to achieve new levels of resilience, compliance, and confidence as they serve the people of Massachusetts.”

    Contract Highlights:

    • Statewide Availability: The contract streamlines procurement, allowing all Commonwealth agencies to quickly and cost-effectively access Blue Mantis IRP and TTX services.
    • Scalable Engagements: Blue Mantis supports projects of all sizes, from individual departments to enterprise-wide initiatives, delivering consistent quality and measurable improvements.
    • Track Record of Success: Blue Mantis brings a history of successful engagements with municipalities and public sector organizations across Massachusetts and beyond, helping clients respond to and recover from real-world cybersecurity incidents.
    • Strategic Advocacy: Partnership with EOTSS ensures alignment with the Commonwealth’s overarching cybersecurity objectives and priorities.

    For more information about Blue Mantis’ cybersecurity services and the IRP/TTX program, visit www.bluemantis.com.

    About Blue Mantis
    Blue Mantis is a security-first IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, with offices in Charlestown, Massachusetts, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information, please visit www.bluemantis.com.

    Inquiries:
    David Knox
    Director of Public Sector
    Blue Mantis
    david.knox@bluemantis.com
    (781) 987-2013

    The MIL Network –

  • MIL-OSI: Blue Mantis to Empower Massachusetts Agencies with Advanced Cybersecurity Preparedness

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., July 08, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced that it has been selected as a preferred vendor by the Commonwealth of Massachusetts to deliver Cyber Incident Response Plan (IRP) and Tabletop Exercise (TTX) services to state agencies as part of the State and Local Cybersecurity Grant Program. This federal grant program enables Blue Mantis to further its commitment to strengthening the Commonwealth’s overall cybersecurity posture at the state and local level.

    Empowering State Agencies to Build Resilience Against Cyber Threats
    With the growing sophistication and frequency of cyberattacks, state agencies face mounting pressure to safeguard sensitive data, maintain critical operations, and demonstrate compliance with evolving statutes and regulations. The Blue Mantis IRP and TTX program provides Massachusetts agencies with comprehensive, scalable, and actionable solutions for incident response planning and cyber readiness.

    Through this contract, agencies can access:

    • Custom-Tailored Cyber Incident Response Plans (IRPs): Developed in alignment with industry best practices (NIST, CISA), these plans provide clear protocols, role assignments, and communication strategies, ensuring agencies are equipped to respond effectively to cyber incidents.
    • Scenario-Based Tabletop Exercises (TTXs): Interactive exercises based on the MITRE ATT&CK® framework allow agencies to test and validate their incident response plans, uncover potential gaps, and enhance cross-team coordination.
    • Proven Methodologies and Expertise: Drawing on over 30 years of experience supporting public sector and enterprise organizations, Blue Mantis combines deep technical expertise with a collaborative, customer-first approach that prioritizes measurable outcomes.
    • Accelerated Service Delivery: With the capacity to support multiple agencies simultaneously and a streamlined engagement lifecycle, Blue Mantis ensures agencies receive timely, high-quality support tailored to their unique operational environments.
    • Alignment with Compliance and Security Standards: All services are designed to meet or exceed the Commonwealth’s information security policies, accessibility standards, and regulatory requirements.

    A Partnership Built on Experience and Results
    This initiative is supported by Blue Mantis’ partnership with the Executive Office of Technology Services & Security (EOTSS). Together, these organizations are ensuring that Commonwealth agencies have access to best-in-class cybersecurity services, driving greater resiliency and preparedness across the public sector.

    “Cybersecurity is a team sport, and protecting the Commonwealth’s agencies requires public-private collaboration, expertise, and unwavering commitment,” said Josh Dinneen, CEO of Blue Mantis. “Thanks to our partnership with EOTSS, Blue Mantis is uniquely positioned to help state agencies anticipate, withstand, and recover from cyber threats. Our IRP and TTX services empower agencies to achieve new levels of resilience, compliance, and confidence as they serve the people of Massachusetts.”

    Contract Highlights:

    • Statewide Availability: The contract streamlines procurement, allowing all Commonwealth agencies to quickly and cost-effectively access Blue Mantis IRP and TTX services.
    • Scalable Engagements: Blue Mantis supports projects of all sizes, from individual departments to enterprise-wide initiatives, delivering consistent quality and measurable improvements.
    • Track Record of Success: Blue Mantis brings a history of successful engagements with municipalities and public sector organizations across Massachusetts and beyond, helping clients respond to and recover from real-world cybersecurity incidents.
    • Strategic Advocacy: Partnership with EOTSS ensures alignment with the Commonwealth’s overarching cybersecurity objectives and priorities.

    For more information about Blue Mantis’ cybersecurity services and the IRP/TTX program, visit www.bluemantis.com.

    About Blue Mantis
    Blue Mantis is a security-first IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, with offices in Charlestown, Massachusetts, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information, please visit www.bluemantis.com.

    Inquiries:
    David Knox
    Director of Public Sector
    Blue Mantis
    david.knox@bluemantis.com
    (781) 987-2013

    The MIL Network –

  • MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations

    Source: GlobeNewswire (MIL-OSI)

    This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

    SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

    The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

    “Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

    Key Highlights from the Midyear Outlook 2025

    • Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
    • The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
    • Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
    • Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.

    “There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

    Important Disclosures

    Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

    The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

    Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

    All indexes are unmanaged and cannot be invested into directly.

    All performance referenced is historical and is not a guarantee of future results.

    Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.​ Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

    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.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 763507

    The MIL Network –

  • MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations

    Source: GlobeNewswire (MIL-OSI)

    This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

    SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

    The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

    “Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

    Key Highlights from the Midyear Outlook 2025

    • Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
    • The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
    • Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
    • Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.

    “There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

    Important Disclosures

    Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

    The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

    Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

    All indexes are unmanaged and cannot be invested into directly.

    All performance referenced is historical and is not a guarantee of future results.

    Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.​ Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

    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.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 763507

    The MIL Network –

  • MIL-OSI: Zenolabs.AI CEO Rohan Sharma Launches First-of-its-Kind Equitable AI Trust Index and Releases Springer Book AI and the Boardroom

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) — Amid growing concerns around AI transparency, fairness, and societal impact, Zenolabs.AI CEO Rohan Sharma today launched the Equitable AI Trust Index™—the first public framework scoring AI systems on democratic legitimacy, transparency, and civic accountability. The release aligns with Sharma’s Springer Nature book, AI and the Boardroom, recently featured in Directors Today.

    “Boards and policymakers urgently need a single, clear lens on AI risk,” Sharma said. “Our Index integrates NIST, OECD, and EU AI Act standards into a transparent, easy-to-use scoring system. For the first time, stakeholders gain immediate visibility into where algorithms are accountable—or critically falling short.”

    Why It Matters
    Recent surveys reveal 46% of users distrust AI and 64% of firms lack visibility into model risk. With the EU AI Act’s enforcement deadlines approaching in 2026, the Equitable AI Trust Index™ equips organizations with policy-ready tools to meet stringent transparency and accountability requirements, critical for responsible scaling across enterprises, cities, and governments.

    How the Index Works
    The Index offers a clear, actionable framework for assessing AI fairness and accountability:

    • Public Trust Metric: first-of-its-kind score measuring community trust in AI through public input.
    • Proactive Risk Alerts: real-time insights to ensure compliance with global standards, months ahead of deadlines.
    • Fairness Focus: prioritizes equity for underserved communities and public services.
    • Policy-Ready Reports: instantly generate EU AI Act, NIST, and OECD-aligned audit reports.

    About Rohan Sharma
    Sharma has led AI, data and digital programs at Apple, Disney and Thermo Fisher Scientific. A recognized authority on AI governance, Sharma advises Stanford Seed and UCLA Anderson, contributes regularly to Forbes and the World Economic Forum, and serves on advisory councils including Harvard Business Review and Frost C Sullivan. His TEDx Yale talk and peer-reviewed chapters on AI governance and ethics have reached global audiences from Hollywood to Washington, D.C.

    Equitable AI Trust Index™: Analysis of Major AI Models
    The first comprehensive assessment of leading AI models using the 11-point Index reveals a democratic-legitimacy crisis in AI governance:

    Key Findings
    Our analysis reveals a democratic legitimacy crisis in AI governance, with only 20% of leading models meeting exemplary civic trust standards.

    • 20%: of leading models meet exemplary civic trust standards
    • 59-point: governance gap between best and worst performing models
    • 90.9/100: highest overall trust score (Anthropic Claude)
    • 39.4/100: lowest overall trust score (OpenAI ChatGPT)

    Availability

    • AI and the Boardroom (ISBN 979-8-8688-0796-1) — available worldwide through Springer Nature and Amazon.

    Media Contact
    press@zenolabs.ai | +1 323 236 8723

    Press kit (headshot, logos, Index score chart): https://trustworthyaiindex.org/methodology

    Boilerplate
    The Equitable AI Trust Index™ is a public-good initiative maintained by Zenolabs.AI, created to make algorithmic trust measurable, transparent, and comparable. Zenolabs.AI is a venture studio dedicated to advancing responsible AI governance and public accountability.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b8acf08c-6b63-4c8d-af43-2e60e7cd6b63

    The MIL Network –

  • MIL-OSI: Lucidworks Wins “Enterprise AI Search Solution of the Year” in AI Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) — Lucidworks, the leading AI-powered search and product discovery provider, today announced that Lucidworks’ Neural Hybrid Search has been selected as the winner of the “Enterprise AI Search Solution of the Year” award in the 8th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Artificial Intelligence (AI) market today.

    Lucidworks’ unique Neural Hybrid Search technology utilizes AI to understand better what people are searching for, regardless of how they phrase or express it. The technology combines semantic and keyword search, and its “truth-grounded AI” architecture operates with any LLM or ML model while remaining anchored to an organization’s authoritative data. The company’s retrieval augmented generation (RAG)-enabled orchestration engine also helps provide accurate and relevant search results, improve customer satisfaction, and streamline access to organizational information.

    Other features of Lucidworks’ advanced AI-powered search model include neural network search which harnesses the power of neural networks to understand the nuances of language and data; AI-powered search precision that leverages deep learning to understand user intent and deliver hyper-relevant results; Intelligent search results that deliver contextual, insightful search experiences; Vector search engine that transforms data into vectors for lightning-fast, semantic search; and Advanced search algorithms that continuously learn and adapt.

    Lucidworks’ foundational ecosystem powers three no-code, drag-and-drop Studios that address the complete AI search lifecycle:

    • Commerce Studio transforms e-commerce experiences with AI-powered merchandising that understands shopper intent across 50+ languages, enabling merchandisers to make data-driven decisions from AI-powered recommendations.
    • Analytics Studio delivers actionable intelligence from search data through predictive analytics and AI-driven business intelligence, automatically uncovering opportunities for optimization.
    • AI App Studio enables organizations to rapidly build and deploy custom AI-powered agents, such as interactive product Q&A and tech spec interrogation, with no coding expertise required through pre-built templates, rapid prototyping tools, and AI orchestration capabilities.

    “The Lucidworks platform empowers non-technical users to harness advanced AI capabilities, harmonizing hybrid search and generative AI across an organization. This AI search technology has been purpose-built to solve real business challenges while eliminating the trust issues that plague most implementations,” said Mike Sinoway, CEO of Lucidworks. “Thank you to AI Breakthrough for this important accolade in this complex space. Many AI solutions promise revolutionary results but deliver marginal improvements. Our newest offerings illustrate our strategic vision for intelligent enterprise search and discovery, delivering measurable business outcomes for our valued global clients.”

    The AI Breakthrough Awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more. This year’s program attracted more than 5,000 nominations from over 20 countries worldwide, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century.

    “Lucidworks doesn’t just improve search, they have fundamentally reimagined what’s possible with AI-integrated enterprise discovery,” said Steve Johansson, managing director, AI Breakthrough. “By resolving fundamental trust issues in AI search, Lucidworks is accelerating enterprise AI adoption. Their approach transforms search from a lookup function into an intelligent assistant for critical customer interactions. That makes Lucidworks our choice for the 2025 ‘Enterprise AI Search Solution of the Year’ award.”

    About Lucidworks
    Lucidworks transforms complex data into actionable insights through AI-powered search and product discovery solutions. Clients achieve 391% ROI and are 2.5x more likely to deploy AI initiatives successfully. Global leaders like Lenovo, Morgan Stanley, and American Express rely on Lucidworks to power digital experiences that drive business results. Learn more at Lucidworks.com.

    About AI Breakthrough
    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    The MIL Network –

  • MIL-OSI: KT2i Announces Strategic Acquisition of T4S Partners to Expand Services and Accelerate Growth

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Irvine, CA headquartered Kanchi Technologies 2i LLC d.b.a KT2i, a trusted innovator in IT and Engineering consulting services, today announced a strategic acquisition of Denver, CO headquartered T4S Partners, a premier National IT and Business Solutions Consulting organization, specializing in seamless connections between people, processes, and systems with insight for client growth, to form a stronger, more dynamic organization with expanded capabilities, resources, and reach.

    This merger unites two companies with complementary strengths and a shared vision to deliver exceptional value to customers, employees, and partners. The combined organization will offer a broader suite of solutions, deeper technical expertise, and enhanced capacity to serve a growing global customer base. The combined company will operate under the KT2i name.

    “We’re bringing together two talented teams with a deep focus on innovation, service, and customer success,” said Sunil Kanchi, CEO and Founder of KT2i. “This is an exciting moment — not just for our companies, but for everyone we work with. Our Aktionable AI platform is creating impact for our combined customers.”

    “This merger is a natural evolution of our shared values and commitment to delivering excellence,” said Rob Ash, CEO of T4S Partners. “Together, we are stronger, more agile, and better positioned to help our customers thrive.”

    About T4S Partners

    T4S Partners is a premier National IT and Business Solutions Consulting organization, specializing in seamless connections between people, processes, and systems with insight for client growth. We help our clients create compelling new customer solutions, optimize IT assets, transform service management functions, and leverage cloud technology into a competitive advantage, as well as achieve Digital Transformation objectives.

    About KT2i

    KT2i is a next-generation global strategy and technology firm, specializing in enterprise transformation. We’re a precision strike team for enterprise transformation through CIO Advisory, Digital Transformation and Innovative Mechatronics Engineering solving the toughest problems at speed. Our consultants fuse deep industry knowledge with Aktionable AI, automation, and agile delivery to solve the most critical business problems. Founded on a commitment of excellence in everything we do, our skilled team of passionate engineers and IT professionals leverage the latest technology to develop tailored solutions for unique challenges. At KT2i, we believe in creating impact through innovation with integrity with a global delivery teams in US, Germany & India.

    Media Contact

    Adrian Cordova
    Manager, Inside Sales & Marketing
    Adrian.Cordova@KT2i.com
    www.KT2i.com

    The MIL Network –

  • MIL-OSI: Community Bankshares, Inc. Revolutionizes Access to Capital and Speeds Up Loan Closures for Rural and Small Businesses

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 08, 2025 (GLOBE NEWSWIRE) — At a time when business owners across the country are fighting against red tape and delays, Community Bankshares, Inc. is delivering where others stall – closing complex government-guaranteed loans in as little as 30 to 45 days. In the first half of 2025, the Georgia-based financial institution closed 57 SBA and USDA loans totaling $256,038,702, reinforcing its position as one of the fastest-moving mission-driven lenders in the nation. Community Bankshares is the holding company of Community Bank & Trust, Phoenix Lender Services, and Thomas Financial Group.

    In Q2 2025 alone, the company closed:

    • 25 SBA loans via Phoenix’s SBA team totaling $48,765,200 in 15 states.
    • 10 USDA loans via Phoenix’s USDA team totaling $111,376,215 in 5 states.
    • 2 USDA loans via Thomas Financial Group’s team totaling $24,715,000 in 2 states.

    “We’re not just providing capital, we’re providing it quickly,” said Chris Hurn, President & CEO of Community Bankshares and Phoenix Lender Services. “Closing a government-guaranteed loan in 30 to 45 days isn’t just rare, it’s transformative. It means our clients can grow, hire, and build when it matters most.”

    These record-setting Q2 results build on a powerful Q1, bringing Phoenix’s year-to-date total SBA loans closed to 41 loans for $70.6 million, and Phoenix’s total USDA loans closed to 14 loans for $160.7 million.

    As of Q3 of the federal government’s fiscal year FY25 (October 1, 2024 through June 1, 2025), Community Bank & Trust (sister company of both Phoenix and Thomas Financial Group) ranks as the #36 Most Active SBA Lender in the Nation with 86 SBA loan approvals totaling $146,051,200. Even more impressively, CB&T remains the #1 SBA lender headquartered in Georgia, with nearly twice the production of the second place, in-state lender.

    “Phoenix Lender Services and Thomas Financial Group have built a reputation on doing what others say can’t be done – fast closings, rural deals, food supply chain projects, and many more, all done with precision,” said Jeremy Gilpin, Chairman of Community Bankshares, Inc. and President and CEO of Community Bank & Trust. “We’re not just financing businesses, we’re building futures.”

    Closing loans across 20 states and 1 U.S. territory year-to-date, Community Bankshares, Inc. is fueling growth in industries ranging from construction and energy to healthcare, franchising, and logistics. Recent highlights include:

    • USDA Commercial – Agriculture Scientific: A South Carolina-based Sustainable Agriculture Project creating high-tech jobs, boosting food security, reducing dependence on imported produce, and reducing carbon emissions.
    • SBA 7(a) – Comprehensive Therapy Children’s Center: SBA 7(a) loan enabled a successful ownership transition for this trusted pediatric therapy clinic in Canton, Georgia, ensuring continued care for children with developmental and neurological needs.
    • Bridge Lending – Hospitality Project: Closed Over $34 Million in Bridge Loans for USDA B&I loan takeouts in under 40 days.

    “Community Bank and Trust’s professionalism and support during the loan process was beyond perfect,” said Tammy Knoop, Owner of Bel-Mar Lanes. “Their kindness and easy mannered approach is a gift.”

    “Thomas Financial Group was instrumental in our acquisition of The National Exchange Hotel and the Holbrooke Hotel—not just because they understood the nuances of hospitality lending, but because they delivered when time was critical. Under a tight deadline, they demonstrated incredible speed, efficiency, and unwavering commitment. Their ability to move decisively while maintaining a personal, solutions-oriented approach sets them apart. In a world where delays can derail opportunity, their partnership made all the difference,” said James Gould, Principal at Horizon Hotel Group.

    About Community Bankshares, Inc.
    Community Bankshares, Inc. is transforming access to capital for small businesses and rural America. Through its subsidiaries – Phoenix Lender Services; Thomas Financial Group; and Community Bank & Trust – the company delivers customized SBA, USDA, and commercial lending services nationwide. Our mission is rooted in empowering local economies, preserving family-run businesses, and supporting job creation through bold, fast, and impactful lending.

    About Phoenix Lender Services
    Phoenix Lender Services is a nationwide leader in government-guaranteed lending operations, offering full-service loan origination, underwriting, servicing, and regulatory support. PHX specializes in SBA and USDA loans and acts as a trusted Lender Service Provider (LSP) for banks and credit unions across the country.

    About Thomas Financial Group
    Thomas Financial Group is a high-performance USDA and commercial loan originator, offering sophisticated financing solutions for complex business, hotel, infrastructure, and development projects, particularly in rural or underserved areas.

    About Community Bank & Trust
    Based in LaGrange, GA, Community Bank & Trust provides personalized financial services to individuals and businesses across the Southeast and nationwide. As the top-producing SBA lender headquartered in Georgia, CB&T is committed to expanding access to capital and economic opportunity in communities of all sizes.

    MEDIA CONTACT:
    Abigail Davison
    Uproar by Moburst for Community Bankshares, Inc.
    abigail.davison@moburst.com

    The MIL Network –

  • MIL-OSI: Satellogic Announces Inclusion in Russell 3000® Index

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, today announced that it has been added as a member of the U.S. small-cap Russell 3000® Index, effective after market close on June 27, 2025 as part of the 2025 Russell indexes constitution.

    The Russell 3000® Index is a comprehensive, market-capitalization-weighted index that measures the performance of the 3,000 largest U.S. public companies. Membership in this widely recognized index means automatic inclusion in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

    Inclusion in the Russell 3000® Index marks a significant milestone for Satellogic, aligning our capital markets presence with the company’s sustained growth and progress as a leader in the earth observation and satellite manufacturing industry. This addition is expected to enhance Satellogic’s visibility within the investment community, providing greater exposure to institutional investors and increasing liquidity for its shares. It further underscores Satellogic’s strong fundamentals and business performance, validating its vertically integrated approach to democratizing access to high-resolution Earth Observation data. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

    “We are incredibly honored to join the Russell 3000 Index,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “This inclusion is a testament to our team’s dedication, the robust performance of our scalable Earth Observation platform, and our commitment to delivering accessible and affordable insights to customers worldwide. We believe this will significantly increase our visibility among a broader base of institutional investors, supporting our continued growth and our mission to help solve some of the world’s most pressing challenges, from climate change to energy supply and national security. We look forward to this new chapter and the opportunities it presents for our shareholders.”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers. Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry. With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point. To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    The MIL Network –

  • MIL-OSI: Wix Expands Font Library Through Strategic Partnership with Monotype

    Source: GlobeNewswire (MIL-OSI)

    The new fonts empower self creators and agencies with a diverse range of high-quality typefaces

    NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership with Monotype Imaging Inc., a global leader in type design and technology, extending Wix’s font library. The newly curated typeface collection is now available to Wix users, self creators and agencies – offering them a broader spectrum of high-quality typefaces to elevate their content and match their vision, including greatest hits like Helvetica® and Avenir®, and a host of new classics such as Recoleta, Kibitz Pro, and Aether. 

    In consultation with type design experts at Monotype, Wix has carefully selected a diverse array of fonts that cater to a variety of use cases, ranging from professional business needs to playful, personal projects and agencies building bespoke web experiences with a variety of fonts. The expanded library helps ensure that users from around the world have access to the typography they both need to express themselves and their unique brand identities, and to grow their businesses.

    “Typography is an important aspect of web design, and by expanding our font offerings, we empower creators to produce visually compelling websites and content that truly reflect their brand’s personality,” said Hagit Kaufman, VP of Brand and Design at Wix . “Monotype’s expertise in the world of typography is invaluable as we continue to enhance our platform for creators around the globe. Our strategic partnership with Monotype underscores our commitment to providing the best design tools for our users to succeed in their creative and professional endeavors.”

    “At Monotype, we know the profound impact the right typeface has in communicating a brand’s identity. By providing its users with a wider library of quality typefaces, Wix demonstrates its commitment to helping creators tell their brand’s story. Through this partnership, with classic typefaces such as Futura® and newer fonts like Beatrice, Wix users will truly be able to craft a digital presence that showcases their vision,” said Charles Nix, Senior Executive Creative Director at Monotype.

    The new fonts are now live and accessible to all Wix and Wix Studio users. 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

    About Monotype 
    Monotype Imaging Inc. brings brands to life through type and technology that consumers engage with every day. We offer a library of over 250,000 fonts from over 4,500 talented designers and foundries across the world. We work with the biggest global brands and individual creatives, offering a wide selection of solutions that make it easier for them to do what they do best: design beautiful brand experiences. Further information is available at www.monotype.com.

    Follow Monotype on X, Instagram, and LinkedIn.     

    Attachment

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  • MIL-OSI: CAI Launches Cyber Insurance Assessment to Address Cybersecurity Vulnerabilities

    Source: GlobeNewswire (MIL-OSI)

    ALLENTOWN, Pa., July 08, 2025 (GLOBE NEWSWIRE) — CAI, a global services firm, announced today the launch of its cyber insurance assessment to evaluate organizations’ cybersecurity postures. Designed to consolidate 15 critical cybersecurity categories into one comprehensive form, the results can be used to ensure compliance, remediate vulnerabilities and leveraged when applying for insurance or updating existing carriers.

    More than $9.8 billion in cyber insurance premiums were reported in 20231, and with global cybercrime costs projected to escalate to multitrillions by the end of 20252, organizations continue to take precautions. The cyber insurance assessment gauges data privacy and security, governance and policies, logical access controls, AI, among others. Aligned with the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) 2.0, the audit serves information security officers who are interested in understanding and bolstering their cyber resilience.

    • Extensive NIST CSF 2.0 coverage: Features six main functions within the framework including identify, protect, detect, respond, recover and govern.
    • User-centric design: Streamlines the assessment process by minimizing redundancies, making it faster and more efficient for organizations of all sizes to complete.
    • Strategic insights: Delivers actionable recommendations, enabling stakeholders to prioritize cybersecurity investments.

    “We recognized a significant gap in the industry where companies, especially smaller organizations, struggled with the intricacies of cyber insurance assessments,” said Rex Johnson, vice president, Cybersecurity and Cloud Services at CAI. “Our universal assessment provides a standardized approach, empowering organizations and their security leaders with accurate, crucial and fast cybersecurity evaluations they can trust.”

    For more information, visit https://www.cai.io/services/cybersecurity/explore-a-cyber-insurance-assessment

    About CAI

    CAI is a global services firm with over 9,000 associates worldwide and a yearly revenue of $1.3 billion+. We have over 40 years of excellence in uniting talent and technology to power the possible for our clients, colleagues, and communities. As a privately held company, we have the freedom and focus to do what’s right—whatever it takes. Our tailor-made solutions create lasting results across the public and commercial sectors, and we are trailblazers in bringing neurodiversity to the enterprise.

    Contact:
    Madison Oler
    Sr. PR & Communications Specialist
    CAI
    Madison.oler@cai.io

    References

    1. https://content.naic.org/sites/default/files/cmte-h-cyber-wg-2024-cyber-ins-report.pdf
    2. https://cybersecurityventures.com/cybercrime-damages-6-trillion-by-2021/

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