Category: Technology

  • MIL-OSI Global: Korean pear juice, IV drips, vitamin patches: do these trendy hangover cures actually work?

    Source: The Conversation – Global Perspectives – By Blair Aitken, Postdoctoral Research Fellow in Psychopharmacology, Swinburne University of Technology

    Isabella Mendes/Pexels

    We’ve all been there. The pounding headache, relentless nausea, and the kind of tired no amount of coffee can fix. Hangovers are a reminder that last night’s fun comes at a cost.

    These days, hangovers aren’t just something to complain about over a greasy breakfast – they’re big business. The global market for hangover cures is now valued at US$2.29 billion (A$3.53 billion) and projected to reach US$6.71 billion (A$10.33 billion) by 2032.

    These products – ranging from capsules to drinks to patches – appear to be popular. Nearly 70% of drinkers say they would buy an effective hangover remedy. But any scientific evidence they work is thin.

    First, what causes hangovers?

    Despite years of research, the exact cause of a hangover is still unclear. But we know several biological processes contribute to that hungover feeling.

    1. Your immune system is in overdrive

    When you drink, your body treats alcohol like a threat. It breaks alcohol down into acetaldehyde, a toxic byproduct that triggers an immune response, releasing inflammatory chemicals called cytokines.

    These chemicals are the same ones your body uses to fight infections, which is why a hangover can feel eerily similar to being sick.

    2. You’re dehydrated

    Alcohol blocks vasopressin, a hormone that helps the body retain water. Without it, you make more frequent trips to the bathroom and lose more fluid than you take in, leading to thirst, dry mouth, and the classic hangover headache.

    3. Your sleep takes a hit

    Although alcohol might help you fall asleep faster, it disrupts your natural sleep pattern. You get more deep sleep early on, but less rapid eye movement (REM) and light sleep stages.

    As the alcohol wears off, your brain rebounds with more REM sleep and frequent wake ups, leaving you groggy and cognitively impaired the next day.

    4. Your brain is recalibrating

    Alcohol disrupts several brain chemicals. It boosts gamma-aminobutyric acid, a calming neurotransmitter, and suppresses glutamate, which normally keeps you stimulated and alert. That’s part of why drinking feels relaxing. But as your body tries to rebalance, you may be left feeling anxious or irritable.

    When we feel rough the day after a big night of drinking, several things are happening in our body.
    Andrea Piacquadio/Pexels

    What’s in hangover ‘remedies’?

    Modern hangover remedies have evolved well beyond the “hair of the dog”. You’ve got liver-protecting capsules, electrolyte-packed drinks, vitamin patches for while you party, and strips that dissolve on your tongue – all with the goal of accelerating recovery.

    A 2025 analysis which looked at hangover products marketed in Australia found B vitamins and sodium were the most common ingredients, appearing in nearly half of all products reviewed.

    B vitamins are often included based on the idea alcohol depletes them, while sodium is thought to support rehydration. However, there’s little solid evidence that either significantly improves hangover symptoms in otherwise healthy people.

    Natural ingredients such as ginger and dihydromyricetin, a compound extracted from the Japanese raisin tree, were also popular, featuring in more than one-quarter and one-third of products respectively.

    Ginger is widely used to treat nausea and vomiting, and there’s some evidence to support its effectiveness for gastrointestinal symptoms. However, this is not specific to hangovers.

    Dihydromyricetin has been marketed as a revolutionary hangover fighter, with claims it helps the liver process alcohol more efficiently. Yet, when tested under controlled conditions, it failed to reduce hangover severity more than a placebo.

    Other popular ingredients show similarly underwhelming results. The amino acid L-cysteine has shown some benefits in one study, but the sample was too small to draw firm conclusions.

    Another product often marketed as a hangover remedy is Korean pear juice. If consumed before drinking, it may help the body break down alcohol more efficiently. A 2013 study found it slightly lowered blood alcohol levels and improved focus. However the effects were small, and it offered little benefit once a hangover had already set in.

    The juice from Korean pears is often sold as a hangover remedy.
    ND700/Shutterstock

    Another natural remedy that has shown some promise is red ginseng. One study found participants who drank red ginseng extract after alcohol were less thirsty, fatigued, had fewer stomach aches, and even had improved memory compared to people who drank just plain water.

    Mouse trials of ginseng have also shown consistent benefits across symptoms and biological markers of alcohol-related stress.

    How about IV drips and vitamin patches?

    Not all remedies come in pill or plant form. IV drips, often marketed as wellness boosters for energy, immunity, and even glowing skin, are now offered at clinics and “drip bars” for hangovers too. But unless you’re severely dehydrated, there’s little evidence these pricey infusions work any better than water, food and rest.

    Vitamin patches are also trending, claiming to deliver nutrients through the skin while bypassing digestion. But again, studies don’t necessarily support this. Most vitamins are better absorbed through food or oral supplements.




    Read more:
    A patch a day? Why the vitamin skin patches spruiked on social media might not be for you


    There’s no magic cure for a hangover

    As the hangover remedy market continues to grow, science hasn’t kept pace with marketing claims. However, these science-backed strategies may help:

    • pacing yourself and having no more than one standard drink an hour gives your liver time to keep up, so you’re less likely to feel too drunk or hungover the next day

    • stay hydrated by alternating alcoholic drinks with water

    • eating before drinking slows alcohol absorption and can help reduce stomach irritation

    • get plenty of sleep after a big night out, as your body does most of its recovery while you rest. Even a short nap the next day can help you feel better.

    Practising moderation can be difficult in the moment. But it’s likely to be your best bet to avoid waking up feeling rough the next day.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Korean pear juice, IV drips, vitamin patches: do these trendy hangover cures actually work? – https://theconversation.com/korean-pear-juice-iv-drips-vitamin-patches-do-these-trendy-hangover-cures-actually-work-255947

    MIL OSI – Global Reports

  • MIL-OSI Russia: Sobyanin met with entrepreneurs participating in the Made in Moscow project

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The flagship site of the Green Market program is operating on Bolotnaya Square “Made in Moscow”. Sergei Sobyanin met there with representatives of small and medium-sized businesses – participants in the capital’s “Made in Moscow” program.

    According to the Mayor of Moscow, the departure of foreign brands from the Russian market has given the capital’s entrepreneurs additional opportunities to promote their brands and products. The city, in turn, provides businesses with a wide range of various support measures that allow companies to actively develop, improve their products and present them to a wide audience, including abroad.

    “It’s not just about Western brands, but about the fact that Moscow as a whole has a lot of competition. There are about a million small and medium-sized businesses registered in Moscow, imagine the volume – millions of workers, trillions of turnover. And this is, in fact, such a powerful competitive environment, from which the best ones grow, who not only trade in Moscow, not only in Russia, but also throughout the world. It is, of course, wonderful that we have survived all the difficulties, the difficulties with Covid, with sanctions. You have not only survived, but are developing, demonstrating a high level of your work. This is, of course, great. I thank you and wish you success,” said the Mayor of Moscow.

    The head of the press service of the capital’s cosmetics company, Tasha Rydvanova, in turn thanked Sergei Sobyanin for the opportunities provided. According to her, thanks to the support of the Moscow Export Center, they supply their products to more than 20 countries around the world. The company also takes part in the city program “Made in Moscow”.

    According to Irina Amosova, co-founder of one of the capital’s companies, over the past two years, capital entrepreneurs have created 33 thousand new brands. Currently, the top 10 cosmetics brands are Russian. This became possible, among other things, thanks to the city’s support, in particular grants to reimburse the costs of purchasing equipment. Now their company exports its products to 13 countries, including Vietnam and Türkiye.

    “The Made in Moscow program, which was launched in 2022 and has already become a flagship in the field of supporting Moscow manufacturers, helps promote our brands. The program unites companies producing goods in more than 35 categories. Their products and services are in demand both in the capital and far beyond its borders,” the Moscow Mayor wrote in

    on your telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

    Currently, more than seven thousand companies are participants in the program — representatives of small, medium and large businesses. The main objectives of the program are to promote the growth of Moscow consumer product brands, increase customer loyalty and enter new markets.

    “Green Market” on Bolotnaya Square

    May 25, 2025 as part of the project “Summer in Moscow” The Green Market of the Made in Moscow program has opened. A total of 12 art pavilions with products from local brands will be presented at the tourist sites.

    The Green Market of the Made in Moscow project has opened on Bolotnaya Square

    The flagship site is located on Bolotnaya Square. In its main pavilion, the greenhouse, more than 500 brands demonstrate what they produce: clothing, accessories, cosmetics, jewelry, children’s and sports goods, furniture, household goods, food, souvenirs. In total, over 30 thousand products are presented there.

     

    An important task of the market is to support participants of the special military operation (SVO) and residents of new regions. Part of the proceeds from the sale of goods will be sent to the charity fund “People’s Front. Everything for Victory!”

    The meeting with the Mayor of Moscow was attended by entrepreneurs representing such Moscow brands as:

    — Veter Sport (founded by Anton Ivanov) — produces custom-designed equipment for the local cycling sports community. With the city’s support, the company was able to purchase equipment and launch a new production line. The product catalog has three main areas: cycling, running, and triathlon equipment;

    — Silver Spoon (founder — Tamara Pularia) — produces stylish and high-quality clothing for children and teenagers. Thanks to a preferential loan provided by the city, they were able to scale their own retail network;

    — Maneken Brand (founded by Sergey Alimov) — produces designer clothing and accessories. In 2025, the company became one of the first participants in the preferential lending program secured by intellectual property rights and was able to scale up production;

    — Icon Skin (founder — Irina Amosova) — produces highly effective medical cosmetics that are used in beauty salons and clinics. Thanks to grants for the development of export activities and the acquisition of equipment, they increased the number of employees and expanded their own production;

    — Mere (founded by Maria Rafikova) — produces designer clothing, the concept of which is based on pure geometry, simple forms and the spirit of the metropolis. A preferential loan received with the support of the city allowed to increase the staff and production in 2024;

    — Como Casa (founder — Mikhail Grachev) — produces designer furniture at its own production facility in Moscow. The company opened after the departure of major foreign brands in 2022. Participation in city events, including Moscow Interior and Design Week, allowed it to increase its revenue several times;

    — Climtcosmetics (founder — Alexander Soshilov) — produces decorative cosmetics. In 2024, the company actively participated in the Made in Moscow programs. Thanks to the city’s support, the brand strengthened its position on the market and from a startup started by four participants, it turned into a company with 25 employees;

    — “Akademiya T” (CEO — Enver Tokayev) — an innovative research and production company, whose main activity is the release of new high-tech sports and therapeutic nutrition products, as well as research and development in the field of nutrition and biotechnology. The brand’s catalog includes vitamins, concentrates, and useful supplements. The company is the official supplier of products for the Russian national teams, and is implementing its project in the special economic zone “Technopolis Moscow”;

    — SportDots (founded by Kirill Orlov) — produces smart clothing for professional and amateur athletes. The items have integrated flat elastic elements — dots — that help increase endurance, thereby improving the effectiveness of training. The company participated in the Made in Moscow market at the 2025 Moscow Half Marathon in the Luzhniki Olympic Complex, which increased brand awareness;

    — Ecolatier (owner — Daria Ostromenskaya) — produces everyday care cosmetics based on natural and organic components. The company regularly participates in Beauty Week and other major specialized exhibitions. With the support of the Moscow Government, the brand has increased sales of its products;

    — Vitmins (CEO — Andrey Garmashov) — produces vitamins for sports and life. Thanks to the programs of the Moscow Venture Fund, the company attracted additional financing, which allowed it to increase its staff and establish production.

    Moscow brands are increasing production and creating new lines of clothing and accessories

    The main pavilion has a master class area where Moscow entrepreneurs conduct training sessions with children and adults. Market guests can use the fitting rooms and relax in the food court on the second floor.

    In addition, the flagship site has a stage for educational and leisure events, including lectures, performances by artists and musicians, prize draws from local brands and presentations of new products. There is a rollerdrome for young visitors. The decoration of the Green Market on Bolotnaya Square is a miracle tree, which attracts attention in the evenings with a bright light show.

    The work of the “Green Market” “Made in Moscow” will last until September 7, 2025. Details can be found on the website.

    Development of small and medium-sized businesses in Moscow

    Entrepreneurship is one of the key sectors of the Moscow economy. Small and medium-sized businesses today are more than 927 thousand enterprises, which is 14 percent of small and medium-sized businesses (SMEs) in Russia. In 2024, they provided 1.2 trillion rubles in tax revenues (27 percent) to the city budget and more than a third of the capital’s employment (almost 40 percent – 3.4 million people).

    The stable growth of SMEs is indicated by the indicators of transition to larger categories. Thus, last year about 11 thousand Moscow companies exceeded the threshold values of their category and moved from microenterprises to small, from small to medium, from medium to large enterprises. This is 40 percent more than the year before (7.9 thousand).

    The largest sectors in terms of the number of SMEs are trade, professional activities (science, research), real estate transactions and construction.

    To accommodate small and medium-sized innovative businesses, 47 technology parks have been created in Moscow, in which 2.2 thousand companies work – this is 74.2 thousand jobs. In terms of the level of development of innovative infrastructure, the Russian capital ranks first in Europe.

    The Moscow Innovation Cluster (MIC) provides cooperation with the main participants of the innovation ecosystem. The cluster’s digital platform i.moscow https://i.moscow/ has more than 50 electronic services for business development and scaling. Enterprises from 87 regions of Russia are registered on the platform, and the number of services they have received has exceeded 125 thousand. Thanks to i.moscow services, companies have received support from the city in the amount of more than 19.3 billion rubles and attracted over 46.6 billion rubles in investments. With the participation of MIC, every second transaction on the venture market of the capital is carried out and 37 percent of Moscow patents are registered. With its help, businesses have implemented 18.4 thousand innovative projects, including six thousand in cooperation with other participants and partners of the cluster.

    In 2024, on the instructions of Sergei Sobyanin, a strategy for the development of entrepreneurship in the capital was developed. The key objectives are to increase the share of the technology sector in the city’s economy and support the growth and efficiency of the capital’s business. These priorities reflect the main goals of national projects in the economic sphere.

    As part of the implementation of the strategy, the Moscow Government provides comprehensive support to small and medium-sized businesses.

    According to the results of 2024, every 11th business was covered by various support measures – more than 80 thousand entrepreneurs received over 300 thousand services.

    Moscow is the first region of Russia to launch regional preferential lending programs in 2020, which are the most popular measure of financial support for SMEs. Over the past period, Moscow entrepreneurs have concluded over 37 thousand loan agreements, which allowed them to attract more than 380 billion rubles in additional funding for business development.

    Another effective measure of financial support is guaranteeing credit obligations, which solves the problem of a lack of own collateral.

    The guarantees of the Moscow Fund for Assistance to Lending cover up to 70 percent of the loan amount, in total – up to 100 million rubles. Moscow entrepreneurs have been provided with over 20 thousand guarantees, under which they attracted financing in the amount of more than 392 billion rubles.

    In total, more than 15 financial support measures are available to entrepreneurs.

    Non-financial support measures are also in high demand. They are aimed at increasing entrepreneurial literacy: free consultations, educational and business events, as well as electronic services.

    Every year, SME representatives receive more than 130 thousand consultations. More than 140 thousand entrepreneurs use educational programs. The number of requests for online products exceeds 160 thousand.

    The city helps capital producers enter foreign markets. The Moscow Export Center (MEC) plays a key role in this, providing a wide range of support measures.

    Among them are educational and acceleration programs that help companies improve their export competence and formulate a step-by-step plan for entering foreign markets. In addition, the MEC promotes Moscow brands abroad and assists in establishing sales on international platforms.

    In addition, it helps businesses obtain financial support from the city – in particular, to obtain preferential loans for the implementation of export contracts and to apply for an export grant.

    Thanks to the comprehensive support provided by the MEC, Moscow companies have concluded export contracts worth over 120 billion rubles with partners from more than 60 friendly countries.

    50 companies received support in the competition “Grant for registration of 100 first”The Made in Moscow project will present new art pavilions for businesses this summer

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv.mos.ru/mayor/tkhemes/12856050/

    MIL OSI Russia News

  • MIL-OSI Russia: “It’s a great joy to be able to discuss your scientific ideas with interested people.”

    Translation. Region: Russian Federal

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

    Created in Nizhny Novgorod campus of HSE International Laboratory of Dynamic Systems and Applications conducts deep theoretical research and applied studies, including the study of ocean waves, solar corona reconnections, volcanic phenomena and ship stability. Its scientists, who have won more than 20 significant scientific grants over the past 5 years, actively collaborate with Russian and foreign colleagues from China, Spain, the USA, Great Britain, Brazil and other countries. The Vyshka.Glavnoe news service spoke with its head, Professor Olga Pochinka, about the work of the laboratory.

    — When was the laboratory created?

    — Let’s start with 2014, when colleagues from the Mathematics Department of the Moscow HSE suggested creating a department on the Nizhny Novgorod campus, and we were fired up by the idea. Together with five colleagues, we moved from the Nizhny Novgorod State University to the HSE in Nizhny Novgorod, and in 2015 we opened the first intake of undergraduate students for the Mathematics educational program, a total of eight people.

    Then the recruitment began to expand, and I began inviting people from UNN. We worked as research fellows at the Laboratory of Theory and Practice of Decision Support and simultaneously taught students.

    In 2017, we separated into the Laboratory of Topological Methods of Dynamics, and in 2019, we won a mega-grant from the Government, and this was the only mega-grant in fundamental mathematics won in the Nizhny Novgorod region in the entire history of projects. Our leading scientist Dmitry Turaev is also a former Nizhny Novgorod resident, now a professor at the British Imperial College, a renowned specialist in the field of dynamic systems.

    The laboratory began to grow rapidly, and in parallel with the increase in scientific work, we also expanded our educational areas: we created a postgraduate program, a master’s program, and this year we are opening a new bachelor’s program in applied mathematics.

    — Tell us about the priority areas of the laboratory’s work.

    — Initially, our laboratory was created primarily as a center for fundamental scientific research. Mathematics is a self-sufficient science, and there are always people who are interested in learning its own laws. An equally important activity is to explain how these laws work in practice. Recently, the laboratory team has noticeably expanded with researchers actively engaged in applied developments.

    — What applied areas would you highlight?

    — We have problems that come from physics. For example, we studied the effects of reconnection in the solar corona. From the point of view of deep mathematical theory, we explained the mechanism of solar flares. If we imagine the surface of the Sun as a two-dimensional sphere, then the magnetic charges on the surface create domes that change their location depending on the configuration of the charges. When the domes collide, so-called separators appear, visually manifesting themselves in the occurrence of a solar flare. The mechanisms of dome reconnection were explained using the bifurcation of the birth of a heteroclinic curve, widely known in the theory of dynamic systems.

    We also managed to explain the pattern recognition algorithm by the existence of an energy function in a dynamic system. In general, tasks related to the construction of such functions are very important. All dynamic systems are largely dissipative, that is, they lose energy over time. We managed to establish the relationship between the energy function and the dynamics of the system. That is, a scientist, even without knowing the system, can measure the indicators of its energy function and say a lot about the dynamics of the system.

    These are just the applications I have worked with personally. But there are many employees in the lab developing other applied areas.

    Efim Pelinovsky and his student Ekaterina Didenkulova conducted a theoretical analysis of internal waves that arise in the ocean during an explosive eruption of an underwater volcano. They calculated the characteristics of the wave field for different ratios between the radius of the explosion source and the depth of the basin. And they showed that the field of internal waves has the form of frequency-modulated groups, of which the head group has the maximum amplitude. The wave of maximum height in this train arrives significantly later than the weak head wave, which makes it possible to prepare for the approach of dangerous waves.

    Ioann Melnikov studies the dynamics of waves in both linear and nonlinear weakly dispersive models. In his work with shallow water equations, there is an interesting question about finding non-reflective bottom profiles, due to which a wave can propagate freely over large distances (with conservation of energy), which is important for applications. Together with Efim Pelinovsky, he obtained a countable family of limited bottom profiles and a continuous family in the form of underwater slides. Research into weakly nonlinear and weakly dispersive models (described by Korteweg-de Vries type equations) is also aimed at finding and studying waves that propagate with a constant speed and unchanged shape (in particular, soliton solutions). In this way, a classification of soliton solution shapes was obtained in the generalized Korteweg-de Vries equation, and now the question arises of how this classification can change with a different account of nonlinearity and dispersion.

    Fedor Peplin studies computational fluid dynamics, motion dynamics and stability of high-speed vessels. New criteria for the stability of hovercraft have been obtained. A model of the dynamics of an hovercraft with flexible skegs has been constructed, allowing for the design of amphibious vehicles for use in hard-to-reach regions. Issues related to the damping of various types of high-speed vessels have been studied. Work is currently underway to obtain new, more precise criteria for the stability of promising amphibious vehicles, taking into account the design features and operating conditions of the vehicles. Methods for modeling the dynamics of flexible pneumatic structures in a fluid flow are also being developed.

    — There are several scientific groups within the laboratory, conducting research in different directions. How did you manage to unite them?

    — The forming direction is dynamic systems, but almost all phenomena in the world fall under the definition of “dynamic systems”. Thus, Natalia Stankevich uses them for research in biology and medicine, and Alexey Kazakov is engaged in numerical calculation for specific systems of differential equations describing such phenomena as turbulence, Celtic stone, Chaplygin’s top, etc.

    Under the umbrella of dynamic systems in the laboratory, specialists in such fundamental mathematical areas as algebra, geometry, topology, function theory, etc., which are not directly related to dynamic systems, also feel great. There is a very strong group of physicists involved in fluid mechanics. Often, such scientific symbiosis brings unexpected results at the junction of research areas.

    — How do you attract such diverse specialists?

    — As a rule, a young or established scientist appears in the laboratory as a participant in some won grant or project. The laboratory management does everything possible to create comfortable conditions for the employees, welcoming any creative initiative. People appreciate this and in most cases remain in the team after the end of the project, some even move to Nizhny Novgorod for permanent residence.

    Another source of promising researchers is educational activity. Since the laboratory serves several educational programs, the range of which is expanding every year, the number of professors and teachers naturally increases. Due to the presence of a scientific department, teachers have a smaller workload than in their previous places of work. The newly arrived employees are happy to devote their free time to scientific research.

    The main source of influx of personnel, of course, are students of our program “Fundamental and Applied Mathematics”.

    We try not only to attract students to scientific research, but also to track their emerging interest in a timely manner. We offer to work as an intern, some come in the first year of the bachelor’s degree. We involve them in active scientific life, grants, schools, conferences. The overwhelming majority stay in the laboratory, and this is a huge driving force

    We have now reached a staff of 60 employees, almost like a small research institute.

    — How important do you consider mentoring and personal example to be in science?

    — Extremely important. Specifically for our team, we managed to ensure the continuity of generations. In our laboratory, we have employees who are over 75–80 years old, very experienced scientists, some of whom studied with Academician Alexander Andronov, his closest associates and students. There are not so many middle-aged scientists (like me), but we managed to show young people scientists with a high academic culture, such as my scientific supervisor Vyacheslav Grines and his colleagues from the school of nonlinear oscillations.

    Let me remind you that the scientific school of nonlinear oscillations was created in Gorky (now Nizhny Novgorod) by young scientists who moved to the then closed city, headed by the future academician Alexander Andronov. A physicist by profession, he sought to describe mathematical models of physical processes and phenomena, to translate them into mathematical language. He created the radiophysics department at Gorky University, then the Institute of Applied Mathematics and Cybernetics was organized, and a scientific school was formed, known in the world as the school of dynamic systems.

    — How do you manage to find resources for research?

    — We constantly apply for grants and development programs — for established researchers, young people, external and internal to HSE. Over the past 5 years, we have won 21 grants — that’s a lot for a relatively small team. Thanks to young and experienced colleagues who go through the very labor-intensive application process. In general, the main rule of an ambitious team is to never stop at what has been achieved. Even if it seems that today you already have everything you wanted, you must constantly set new goals for yourself.

    — How was the international academic cooperation project formed and how does it work?

    — The project with Shanghai Tongji University is a joint Russian-Chinese grant, it began in 2024 and is designed for three years. The project mainly involves fundamental research in the qualitative theory of dynamic systems. We met the Chinese co-director of the project, Bin Yu, back in 2010 in France, where we worked together with world-class dynamist Christian Bonatti. To date, we have already written several joint articles.

    International scientific cooperation, exchange of ideas is always great. Our young employees went to China, and everyone really liked the atmosphere at the partner university. It is a great joy to have the opportunity to discuss your scientific ideas with interested people.

    — Do the laboratory and its staff work outside the university, implementing the educational function of HSE?

    — The annual international conference “Topological Methods in Dynamics” has been gathering like-minded scientists from all over the world within the walls of the Nizhny Novgorod HSE for 9 years now.

    This year we are holding another scientific conference dedicated to the 30th anniversary of the Nizhny Novgorod Mathematical Society, of which I am currently the president.

    For 6 years now, every March we have been holding a school for students called “Mathematical Spring”, inviting different lecturers and speakers, and judging by the students’ feedback, this is a very interesting format for them.

    For the second year in a row, we are organizing a student school at the Sirius Mathematical Center together with colleagues from Moscow State University and Moscow Institute of Physics and Technology.

    A good initiative was the holding of the All-Russian review of students’ diploma works, which will be held for the fifth time this year.

    In June-July we hold a thematic shift for schoolchildren called “Intellectual”. The children are immersed in mathematics, including applied mathematics, computer science, and artificial intelligence. It has been held for the tenth time, in recent years – in the “Salut” camp in the Nizhny Novgorod region.

    Throughout the school year, we have a “Mathematical Academy”, where schoolchildren gain their first experience working with scientific research. Our scientists generously share interesting tasks with young talents, and under their guidance, students annually become winners of the “Scientific Society of Students” research paper competition.

    I would like to emphasize once again that all this would be impossible without our youth with their energy and enthusiasm. It is great that we have them and that there are more and more of them.

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

    MIL OSI Russia News

  • MIL-OSI Russia: The future of the film industry was discussed at the State University of Management

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    At the State University of Management, as part of the All-Russian Student Film Festival “KinoSfera”, a round table was organized on the topic: “Problems of the modern Russian film industry: practice and prospects for the application of artificial intelligence”.

    The participants discussed current issues in the Russian film industry, the possibility of using AI in film production, as well as the problems and prospects of its application, and shared practical experience.

    The participants came to the conclusion that at the moment AI is far from always able to help optimize the use of resources. Although in a number of areas AI is actively used and minimizes costs (editing, restoration of AVP, etc.). The experts agreed that in the near future the situation will most likely change, and the scope of application of AI and technologies in the Russian film industry will significantly expand.

    The round table was attended by:

    Lecturers of the Department of Management in the Sphere of Culture, Cinema, TV and Entertainment Industry of the State University of Management: Anna Akopyan, Marina Kosinova, Artur Arakelyan, Viktor Krysov; Viktor Alisov – producer, actor and screenwriter; Ekaterina Kozhushanaya — screenwriter, director, artist and editor Irina Borovskaya — director, screenwriter, teacher (acting, pantomime, clowning) Tatyana Efimova — AI artist, prompt director Roman Isaev — producer, one of the members of the Council of the Association of Cinema Owners Vasily Solovyov — film producer, general producer of the Visual Story company Timur Sitnikov — founder and CEO of the posthouse Sitnikov.Pro, computer graphics director, post-production producer, VFX and onset supervisor Kornei Dravi — managing partner of the post-production studio Sitnikov.Pro, editing director, post-production producer, DIT and CG supervisor Artem Vitkin — screenwriter, director and producer Svetlana Buharaeva — film producer, teacher

    Let us recall that the All-Russian Student Film Festival “KinoSfera” is being held at the State University of Management for the sixth time. This year, students learned how to break into cinema from director Alexander Zhigalkin and talked to actress Vasilina Yuskovets.

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

    MIL OSI Russia News

  • MIL-OSI Security: Idaho Man Indicted After Allegedly Assaulting U.S. Park Rangers in Southern Utah

    Source: US FBI

    SAINT GEORGE, Utah – A federal grand jury returned an indictment today charging an Idaho man after he allegedly assaulted federal officers with his vehicle at the Glen Canyon National Recreation Area in Southern Utah.  

    Gregory Aaron Farley, 51, of Hazelton, Idaho, was charged by complaint on May 3, 2025.  
        
    According to court documents, on May 3, 2025, two U.S. Park Rangers working at the Glen Canyon National Recreation Area responded to a dispatch call that reported an erratic driver in a white pick-up truck near Lake Powell. At 7:47 p.m., the rangers conducted a traffic stop on Highway 89 on a pick-up truck matching the vehicle description. Farley was the driver and while one of the rangers was speaking to him, Farley fled the scene at a high rate of speed, nearly hitting one of the rangers. The rangers returned to their patrol vehicle and pursued Farley. During the pursuit, Farley turned around and collided into the driver’s side of the rangers’ vehicle. As a result, the rangers were pushed into the shoulder of the road, the airbags deployed, and the driver’s side door was rendered inoperable. After Farley hit the rangers’ truck, he reversed his truck and was still facing the rangers’ truck. In response, both rangers fired their weapons at Farley. Additional officers arrived on the scene, Farley exited his truck, and received medical aid. He was then taken into custody.  

    Farley is charged with assault on an employee of the United States with a Dangerous Weapon. His initial appearance on the indictment is scheduled for May 19, 2025, at 10:00 a.m. before a U.S. Magistrate judge in Room 2B of the courthouse located at 206 West Tabernacle Street, St. George, Utah 84470.

    Acting United States Attorney Felice John Viti for the District of Utah made the announcement.

    The case is being investigated by the FBI Salt Lake City Field Office.

    Assistant United States Attorneys Stephen P. Dent and Joseph M. Hood of the U.S. Attorney’s Office for the District of Utah are prosecuting the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETF) and Project Safe Neighborhoods (PSN).

    An indictment is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law
     

    Attachments:

    MIL Security OSI

  • MIL-OSI: Approved base prospectus of UAB “Atsinaujinančios energetikos investicijos”

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE IN THIS STOCK EXCHANGE RELEASE BELOW.

    On 16 May 2025 an extraordinary general meeting of shareholders of UAB “Atsinaujinančios energetikos investicijos”, the closed-end investment company intended for informed investors (hereinafter, the “Company”) approved up to EUR 100,000,000 nominal value Unsecured Fixed Rate Note Programme (hereinafter, the “Notes”). The Company has drafted the base prospectus for the Notes issued under the programme to be introduced to trading on the regulated market AB Nasdaq Vilnius Bond list (hereinafter, the “Prospectus”), which was approved by the Bank of Lithuania on 27 May 2025 (please see the attached documents).

    IMPORTANT NOTICE:

    This notification is not for distribution to United States news agencies or for dissemination in the United States, Canada, Japan or Australia or elsewhere where such dissemination is not appropriate.

    Distribution of this announcement and other information in connection with the securities may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    No offer or invitation to acquire securities of the Company is being made by or in connection with this notification. The Prospectus is the only legally binding document containing information on the Company, the Notes and their admission to trading on the regulated market. The Prospectus is published on the website of the Company https://lordslb.lt/aei_green_bonds_2025/ as well as on www.nasdaqbaltic.com and www.crib.lt.

    Approval of the Prospectus shall not be understood as an endorsement of the securities admitted to trading on a regulated market. The potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the securities. Furthermore, the securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

    Additional information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    Attachments:

    1. Base Prospectus
    2. Decision of the Bank of Lithuania regarding approval of the prospectus (in Lithuanian)

    Attachments

    The MIL Network

  • MIL-OSI: Blockmate Launches Bitcoin Mining Subsidiary With 200MW Capacity and ‘Mine-and-Hold’ Strategy in Wyoming, USA

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”), a Blockchain & Web3 venture builder focused on digital asset infrastructure, has launched its wholly owned subsidiary Blockmate Mining, a dedicated Bitcoin mining business with ambitions to become a major player in the North American market. The new entity will pursue a long-term “mine-and-hold” strategy, accumulating Bitcoin on its balance sheet as it scales operations.

    Blockmate Mining has secured a site in Wyoming, USA, adjacent to a major power substation, with the potential to support up to 200 megawatts (MW) of mining capacity. The Company plans to roll out operations in phases, beginning with an initial 10MW deployment within the next 6 to 12 months and scaling up to 50MW, subject to capital availability. At full capacity (200MW), the site is estimated to produce approximately 200 Bitcoin per month, based on current network conditions and mining difficulty, which may vary over time.

    “Blockmate Mining is a natural extension of our mission to deliver long-term value through real digital asset infrastructure,” said Justin Rosenberg, CEO of Blockmate Ventures. “With our Wyoming site secured and investor interest already strong, we’re positioned to build a highly scalable and capital-efficient mining operation. We’re focused on both generating Bitcoin and maximizing its long-term value for shareholders.”

    The Wyoming site offers an electricity cost of just USD 3.3 cents per kilowatt-hour, among the most competitive rates in North America. The Company intends to hold a significant portion of mined Bitcoin on its balance sheet—seeking both capital appreciation and 7–15% annual yield through institutional-grade custody and yield-generating strategies such as staking or lending.

    In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity, strategic investor partnerships, and innovative tokenized financing models linked to future Bitcoin output (hashpower). The first funding milestone targets USD $15 million to activate the initial 10MW, with a follow-on $55 million to scale to 50MW. Over time, the Company plans to spin out Blockmate Mining as a separately listed entity, with NASDAQ as the preferred destination.

    “We see a significant opportunity beyond Bitcoin,” added Domenic Carosa, Founder & Chairman of Blockmate Ventures. “With rising global demand for compute infrastructure, our Wyoming site offers the flexibility to support both AI and HPC workloads alongside Bitcoin mining. Blockmate Mining is uniquely positioned to capitalize on both the digital asset and AI revolutions.”

    Blockmate Mining is already in early-stage discussions with strategic partners in the AI and data center space, exploring hybrid infrastructure models that fully leverage its land and power footprint. In parallel, Blockmate is actively exploring capital raise opportunities, including traditional equity and strategic investor partnerships.


    About Blockmate Ventures Inc.

    Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to the newly launched Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.


    To learn more, visit www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

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

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network

  • MIL-OSI Banking: 2025 World Snooker Championship sees $1.71 million sponsorship amid digital surge and commercial shift, reveals GlobalData

    Source: GlobalData

    2025 World Snooker Championship sees $1.71 million sponsorship amid digital surge and commercial shift, reveals GlobalData

    Posted in Sport

    The 2025 World Snooker Championship highlighted the evolving commercial landscape of the sport, generating an estimated $1.71 million in sponsorship revenue despite a 20% drop in naming rights value. A last-minute title deal with British workflow automation software brand Halo and record-breaking digital viewership reflect strong audience demand, while growing interest from China and Saudi Arabia points to a potentially global shift in the tournament’s future, reveals GlobalData, a leading data and analytics company.

    GlobalData’s report, “Post Event Analysis – World Snooker Championship 2025,” revealed that the tournament saw a total prize money of £2.395 million ($3.196 million). The World Snooker Championship boasts the highest prize money of any professional snooker tournament worldwide

    Olivia Snooks, Sport Analyst at GlobalData, comments: “This decrease in naming rights revenue compared to 2024 is partly down to the fact that the deal was signed on the eve of the tournament, reducing the scope exposure and activation, as well as part of a continuing pattern across a sport that is steadily moving away from vice title sponsorship.”

    The 2025 World Snooker Championship set a record with 29 million streams on the BBC iPlayer, BBC Sport Website, and BBC Sport app, reflecting a 25% increase from the previous year. The event’s cumulative television audience across BBC One, BBC Two, and BBC Four reached 12.6 million viewers. The final, broadcast on BBC Two, attracted a peak audience of 3 million viewers.

    Snooks continues: “At the beginning of 2025, the World Snooker Tour renewed its long-running rights deal with the UK public-service broadcaster BBC until 2032. The five-year deal extension ensures that the World Snooker Tour’s flagship ‘Triple Crown’ events remain free-to-air across the UK.”

    Ticket prices for the 2025 World Snooker Championship depended on the day and the session. The face value of tickets for Round 1, played between April 19 and April 24, 2025, started as low as £45 ($60). The most expensive tickets which were able to be purchased for face value were the final session of the 5 May, which saw tickets for the Century Club priced at £170 ($947). The Crucible Theatre has a seating capacity of 980, which limits ticket sales and revenue. The tournament schedule included three sessions daily and the Crucible achieved full attendance for every session of the tournament.

    The future of the Crucible Theatre as the venue for the World Snooker Championship remains in doubt. The agreement to host the tournament at the Sheffield theater is set to expire in 2027. The competitions longstanding association with Sheffield may be subject to change as China has engaged in repeated discussions to become a potential host, reflecting the rise in Chinese participants on the tour. Furthermore, Saudi Arabia is expanding its involvement in snooker and is poised to host its inaugural ranking event, the Saudi Arabia Snooker Masters, in August.

    Snooks concludes: “The 2025 World Snooker Championship reaffirmed the sport’s enduring appeal while signaling a shift in its commercial dynamics. As digital viewership breaks records and non-traditional markets like China and Saudi Arabia express growing interest, the tournament faces a pivotal juncture, balancing its heritage with global expansion to sustain long-term commercial growth and fan engagement.”

    MIL OSI Global Banks

  • MIL-OSI Banking: GenAI VC funding in early 2025 highlights widening gap between US and China, finds GlobalData

    Source: GlobalData

    GenAI VC funding in early 2025 highlights widening gap between US and China, finds GlobalData

    Posted in Business Fundamentals

    Generative artificial intelligence (GenAI) continues to capture the venture capital (VC) investors’ attention, with funding in the US soaring past $50 billion in the first five months of 2025 alone. Despite a rebound in early 2025, China still trails significantly due to regulatory headwinds, highlighting a widening gap between the two markets in their pursuit of dominance in GenAI innovation, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database reveals that the US has emerged as a clear leader. Although China has also garnered investors’ attention but lagged significantly compared to the US.

    In the US, the number of VC deals announced in the GenAI space has surged from around 50 deals in 2020 to more than 600 deals in 2024 while 2025 (January to 26 May) so far has already seen the announcement of more than 200 deals. Similarly, the total VC deal value in the US skyrocketed from around $800 million in 2020 to a staggering $39 billion in 2024. Notably, it has already surpassed $50 billion in just the first five months of 2025. This explosive growth underscores the robust appetite for innovation and investment in the GenAI space.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “This growth trajectory positions the US as a powerhouse in GenAI investment, showcasing a strong commitment to fostering technological advancement. The underlying factors contributing to the US’ dominance in the GenAI space include a well-established venture capital ecosystem, a culture of innovation, and a regulatory environment that encourages investment in emerging technologies.”

    Meanwhile, China’s VC funding activity in the GenAI space has also shown growth but lags far behind the US. Starting with just one deal in 2020 and peaking at 39 deals in 2024, the country has seen the announcement of 14 deals in 2025 so far.

    China’s VC deal value has also remained relatively lower, from around $40 million in 2020 to peaking at around $400 million in 2023 followed by a decline to around $140 million in 2024. However, VC funding value rebounded strongly in early 2025 with the first five months of the year itself seeing around $250 million worth of deals announcement.

    Bose concludes: “The US has positioned itself as a global leader in the GenAI space driven by substantial investments from venture capitalists eager to capitalize on the transformative potential of this technology. In contrast, China’s challenges in attracting similar levels of investment reflect broader issues within its tech ecosystem, including regulatory constraints. Nevertheless, China’s ability to adapt and create a more favorable environment for GenAI development will be crucial for its long-term competitiveness in the global tech landscape.”

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain.

    MIL OSI Global Banks

  • MIL-OSI United Nations: 27 May 2025 Departmental update The Department of Digital Health and Innovation participates in the 13th Youth Pre-World Health Assembly

    Source: World Health Organisation

    Organized by the International Federation of Medical Students’ Associations (IFMSA) and hosted at Campus Biotech of the University of Geneva, the 13th Youth Pre-World Health Assembly session titled “What next after expiration? Global strategy on digital health 2020–2025 “brought together more than 60 IFMSA members (mostly medical students) in-person and online. The event featured presentations by the Head of the Capacity Building and Policy Unit (CBP) and the Technical Lead of the Global Initiative on Digital Health (GIDH) from the Department of Digital Health and Innovation in WHO Headquarters and the Research and Policy Coordinator from DTH Lab in Geneva, Switzerland. 

    Discussions included the Global Strategy on Digital Health 2020-2025 which through its four strategic objectives, seeks to align countries and stakeholders through collaboration and knowledge exchange, advance the implementation of national digital health strategies, strengthen governance for digital health and global, regional and national level, and advocate for people-centered health systems. In its 156th Session the WHO Executive Board approved as agenda items for a decision by the 78th session of the World Health Assembly, the extension of the strategy’s timeline to 2027 as well as a renewal from 2028 – 2033, ensuring continuity of the Strategy beyond 2030. Despite progress, significant barriers persist. The lack of digital competencies among health workers remains a critical bottleneck, often leaving them behind in rapidly evolving digital ecosystems. Additionally, the proliferation of digital technologies has led to fragmented systems, with regulatory frameworks struggling to keep pace.  

    To address these challenges, WHO launched GIDH, a WHO Managed Network, to foster alignment of resources towards country-led and standards based digital health transformation. GIDH aims to strengthen resource alignment to match country needs with global support, foster knowledge exchange across regions and provide tools that support countries to steward their national digital health transformation and provide visibility into national progress (e.g. Digital Health Atlas (DHA), Global Digital Health Monitor (GDHM)).  

    Recognizing the pivotal role of youth in shaping digital health, the event highlighted tools from the Transformation Toolbox such as the forthcoming Global Digital Health Competency Framework, set for release at the UN General Assembly in September 2025. This framework will define essential digital health competencies for health workers, policymakers, planners and even citizens, acting as a reference guide for example training and continuous education to ensure consistency in digital health competencies around the world. Resources were also shared to the WHO Academy, which is expanding its digital health training programs, with free courses currently available in English, French, Portuguese. Participants were encouraged to engage with GIDH, either through application for institutional membership or nomination to its Steering Committee, ensuring youth perspectives influence the activities and priorities of GIDH. 

    Other opportunities to engage that were raised include the World Summit on the Information Society+ 20 High Level Event 7-11 July 2025, the 2nd Global GIDH Convening 14-18 July 2025 – virtual, and the 80th session of the UN General Assembly in September 2025.  

    Speakers and participants reinforced the need for collaboration, governance, and inclusive capacity-building. The insights from this Pre-WHA assembly will help inform IFMSA’s and WHO’s continued engagement —working towards ensuring that the implementation of digital health technologies is equitable, safe, and effective for all. 

    MIL OSI United Nations News

  • MIL-OSI Africa: Government outlines process undertaken on EEIPs’ policy direction in ICT sector

    Source: South Africa News Agency

    Government has sought to allay fears that the recently published policy direction on the role of equity equivalent investment programmes (EEIPs) in the Information and Communication Technologies (ICT) sector was intended to open a special dispensation for a particular company or an individual.

    On 23 May 2025, the Minister of Communications and Digital Technologies Solly Malatsi gave notice of the proposed policy direction to be issued to the Independent Communications Authority of South Africa (ICASA) in terms of section 3 of the Electronic Communications Act 36 of 2005 (the ECA) regarding Broad-Based Black Economic Empowerment (B-BBEE) in the ICT Sector.

    The policy direction seeks to provide much-needed policy certainty to attract investment into the ICT sector, and specifically with regards to licensing for broadcasters, internet service providers, mobile networks, or fixed and mobile networks.

    The publishing of the policy direction in the Government Gazette by the Minister on Friday comes after President Cyril Ramaphosa’s Working Visit to the United States (U.S.), where the President met with President Donald Trump at the Oval Office in Washington D.C. to reset and revitalise bilateral relations between South Africa and the U.S.

    Among the U.S.’s delegation was Elon Musk, Special Government Employee, U.S. Department of Government Efficiency (DOGE), who is also Starlink’s founder and believed to have interests in bringing his company to South Africa to provide internet services.

    Appearing before the Portfolio Committee on Communications and Digital Technologies on Tuesday, the Minister explained that the Department of Communications and Digital Technologies (DCDT) has been working on the proposed policy since September last year.

    “Last year, we indicated the efforts from the department around the full recognition of equity equivalent investment programmes (EEIPs) in the ICT sector. This is also reflected in the Medium Term Development Plan for the seventh administration.

    “We are not attempting to open a special dispensation for Starlink or any other company or an individual. There is no conspiracy on our part in relation to the policy direction. There is no underhanded effort in darkness to railroad the South African public,” Malatsi said.

    In a statement issued on Friday, the Minister indicated that currently the rules around who can acquire a licence to provide electronic communications services or to operate an electronic communications network require a minimum of 30% shares to be in the hands of historically disadvantaged individuals. 

    “These regulations do not currently allow companies that can contribute to South Africa’s transformation goals in ways other than traditional ownership, to qualify for individual licences under the Electronic Communications Act (ECA), whether or not they are big international companies that do not usually sell shares to local partners,” the Minister said.

    EEIPs, provided for under the Broad-Based Black Economic Empowerment Act (Act 53 of 2003) and the ICT Sector Code, allow qualifying multinationals to meet empowerment obligations through alternatives to 30% ownership. Examples of the latter can be in the form of investing in local suppliers, enterprise and skills development, job creation, infrastructure support, research and innovation, digital inclusion initiatives, and funding for Small, Medium, and Micro Enterprises (SMMEs). 

    Despite the legal standing of the ICT Sector Code under the BBBEE Act, the Independent Communications Authority of South Africa’s  (ICASA) Ownership Regulations do not fully reflect its provisions – particularly regarding deemed ownership and EEIPs.

    In the process of developing the policy direction, ICASA was informed on 4 October 2024 by the DCDT of the intention to issue a policy directive to provide policy clarity on the full introduction of the EEIPs in the ICT sector.

    “That was followed by a public comment communication released on that specific day. As required by the process, we submitted the draft policy direction to ICASA to give them an opportunity to be able to engage with it,” the Minister said.

    Malatsi emphasised that EEIPs are not a new invention as it was approved by the Department of Trade, Industry and Competition (the dtic) in 2016.

    EEIPs are alternative contributions that multinational companies can make to achieve their BBBEE ownership obligations when they are unable to sell shares directly to black South Africans due to global policies.

    These contributions, approved by the dtic, are essentially investment initiatives that promote enterprise development, job creation and socio-economic advancement.

    “While ECA, which guides the policy making in our sector and the ICASA Act do allow for ICASA to make the regulations, it also allows for ICASA in making those regulations that it must give effect to the whole parts of the ICT sector code.

    “My duty is to ensure that there is alignment between the codes and regulations, in fulfilment of all our national laws, in this case the BBBEE Act. In terms of the process that we have followed from the formulation of the policy directive, leading ultimately to the gazetting, we have followed the prescripts a Ministerial policy directive should follow,” the Minister said.

    The Minister asserted that his department has fulfilled the key steps in the formulation of the policy direction, which includes engagement with ICASA.

    “The consultation with the authority means that its submission must be given due consideration. It does not mean that the regulator can stop a Minister from exploring a policy direction because there are two steps.

    “The first step is the opportunity for the regulator to engage with the draft policy and the second step is post the public comment stage, which is where we are.

    “We must take into consideration that each and every interested stakeholder or anyone with views on this policy direction must  have their views being considered in the formulation of the policy,” he said.

    Stakeholders have a 30-day period from the day on which the Gazette was published to make their submissions on the policy directive.

    “What is incumbent of the department and the Ministry is that in the consideration of inputs from the public, they must inform the final formulation of the policy direction, which will be shared with the regulator as it is required.

    “I am pretty clear that transformation is sacrosanct in our country; that it is a non-negotiable in order for the country to achieve its aspirations, but most importantly to live up to the provisions of the BBBEE Act as it was articulated and envisaged,” the Minister said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Call for rebranding of TVET colleges to unlock full potential

    Source: South Africa News Agency

    Higher Education and Training Deputy Minister, Dr Mimmy Gondwe, has called for the rebranding of Technical and Vocational Education and Training (TVET) colleges, to help them realise their full potential.

    Gondwe made the call during an Education World Forum (EWF), held recently in London, United Kingdom (UK).

    The Deputy Minister led the South African delegation from the Department of Higher Education and Training (DHET) at the EWF, which was held under the theme: “From stability to growth; building stronger, better, bolder education together.”

    The Education World Forum is the world’s largest annual gathering of education and skills ministers. The event provides excellent networking and peer learning opportunities for ministers from around the world to discuss the most pressing issues in the education space.

    This year’s Education World Forum explored a wide spectrum of critical issues surrounding the development of inclusive, responsive, and resilient education systems that drive equitable and sustainable socio-economic growth.

    It also facilitated reflection on innovative solutions to tackle today’s pressing global challenges, with a focus on leveraging technology, public-private partnerships, and international collaboration.

    The Deputy Minister participated in key discussions and engagements regarding themes, including girls’ education, fostering public-private partnerships to drive innovation in education, and promoting vocational education and skills development, as pathways to youth employment and economic growth.

    During a parallel session on vocational education and skills development, which included insights from Mauritius and Macedonia countries, Gondwe stressed a need for rebranding of TVET and community colleges, in order to make vocational education the first choice for students.

    “In South Africa, TVETs and community colleges are often the second or third choice for students, and I think this is due to the fact that universities obtain a lion’s share of our budget. Many students still wish to enrol at universities instead of technical colleges and our community colleges.

    “Therefore, I think we need to ensure that TVETs provide future skills that will contribute to economic growth and job creation, such as robotics, AI [Artificial Intelligence], and coding,” the Deputy Minister said.

    Strengthening public-private partnerships

    In another key parallel session on public-private partnerships in education, which included contributions from Paraguay, Botswana, and Hungary education ministers, Gondwe advocated for the strengthening of public-private partnerships within the higher education sector to enhance the absorption of students in the economy.

    She said her office has been working towards trying to leverage public-private partnerships, to ensure that students from the higher education sector can be absorbed into the economy as employees or create their own opportunities.

    “I believe it is important to strengthen public-private partnerships in order to tackle the high rate of youth unemployment in our country, which aligns with the priorities of the Government of National Unity (GNU), which include job creation and reducing poverty levels,” the Deputy Minister said.

    Insights from UK vocational colleges

    While in the UK, Gondwe visited Richmond upon Thames College – a public academic and vocational training college in London, to gain first-hand insights into how vocational training colleges operate in the UK.

    The college, which has over 2000 students, offers a variety of courses, including Forensic Science, Carpentry, Aviation, Computing and Information Technology Installation, and Medical Sciences.

    The college also boasts more than 1 500 engagements and partnerships with employers and its various courses designed by employers.

    The visit to the college provided valuable lessons and insights on how close collaboration between vocational training colleges and industries, can ensure that young people are equipped with skills that are in demand and needed by the economy. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI: For Every Crypto Futures Trader: BexBack Launches 100x Leverage, Double Deposit Bonus, and $50 Welcome Gift—No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — With Bitcoin prices hovering above $100,000, analysts believe that the cryptocurrency market will remain in a state of high volatility for a long time. For investors, holding spot positions may no longer be enough to make a significant profit. In view of this, BexBack exchange has launched a groundbreaking offer to empower traders: 100% deposit bonus, $50 new user welcome bonus, and 100x leverage on cryptocurrency trading – all without KYC.

    Why 100x Leverage Is a Game-Changer?

    With 100x leverage, you can multiply your trading positions with minimal capital, unlocking unparalleled profit potential. Here’s how it works:

    • Assume Bitcoin is priced at $100,000. By opening a long position with 1 BTC and applying 100x leverage, your trade controls a position worth 100 BTC.
    • If the price rises to $105,000, your profit would be (105,000−100,000)×100÷100,000=5BTC—a 500% return.

    Coupled with BexBack’s 100% deposit bonus, you can further amplify your trading power and increase your opportunities to profit.

    How Does the 100% Deposit Bonus Work?

    The deposit bonus is an exclusive feature designed to enhance your trading experience:

    1. Boost Your Margin: The bonus serves as additional margin, allowing you to take larger positions.
    2. Reduce Liquidation Risk: During volatile markets, the bonus acts as a safety buffer to help maintain your positions.
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    BexBack’s Unique Advantages

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    About BexBack

    BexBack is a premier cryptocurrency derivatives platform headquartered in Singapore, with offices in Hong Kong, the United States, Japan, and the United Kingdom. The platform is trusted by over 500,000 traders worldwide and holds a US MSB (Money Services Business) license, ensuring compliance with regulatory standards.

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    Contact: business@bexback.com

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    Amanda
    business@bexback.com

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    The MIL Network

  • MIL-OSI: Apollo Capital Calls Out MediPharm Chairman Chris Taves (Managing Director, BMO Capital Markets) for Failure to Properly Communicate to Shareholders Details of David Pidduck’s Past as CEO and VP of Marketing for OxyContin® Manufacturer Purdue Pharma

    Source: GlobeNewswire (MIL-OSI)

    Opioid-Pusher Pidduck, Chairman Chris Taves and the Current MediPharm Board Have Presided Over $1 Billion in Shareholder Value Destruction while funneling $5,587,059 of the Shareholders’ Money Directly into Pidduck’s Pocket

    Apollo Capital’s Six Director Nominees Are Committed to Restoring Transparency and Value to MediPharm’s Shareholders

    URGES SHAREHOLDERS TO DISREGARD MEDIPHARM LABS’ GREEN PROXY CARD AND VOTE THE GOLD PROXY CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Apollo Technology Capital Corporation (“Apollo Capital”), which together with its affiliates and associates collectively is one of the largest shareholders of MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs”, or the “Company”), owning approximately 3% of the Company’s common stock, today issued a statement regarding CEO David Pidduck’s background as former CEO & President of Purdue Pharma Canada (“Purdue Pharma”).

    Fellow shareholders deserve to know the truth regarding CEO David Pidduck. As stewards of a publicly traded company, MediPharm’s Board of Directors (the “Board”) have a responsibility to uphold transparency, accountability, and good governance. The current Board, which has overseen $1 billion of shareholder value destruction, and which has presided over an eye-watering 99% share price decline, is focused on downplaying Mr. Pidduck’s past, rather than its responsibilities to shareholders. Indeed, there was absolutely no reference to Pidduck’s role at Purdue Pharma, or of Purdue Pharma’s culpability in creating the opioid epidemic, in the Company’s press release announcing Mr. Pidduck’s appointment as CEO.

    Let’s look at the facts:

    From 2014 until December 2021, David Pidduck served as VP of Marketing, and then CEO & President of Purdue Pharma.

    As reported in the Globe and Mail, “More than 34,000 Canadians have died from opioids between January 2016, and September 2022, according to federal government data.”1

    In 2017, Purdue Canada agreed to pay $20 million to settle a class-action lawsuit involving allegations about how its pain pills were over-marketed, with the suit claiming that Purdue Pharma had engaged in deceitful marketing practices. In an interview with the CBC, Dr. David Juurlink, a drug safety researcher at the University of Toronto posited that, “the fair question that might be asked is did Purdue engage in questionable or even illegal activities in the marketing of OxyContin® in Canada.”2

    In 2020, Purdue Pharma’s U.S. entity pleaded guilty to three criminal charges over the handling of its painkiller OxyContin®, including conspiring to defraud officials and paying illegal kickbacks to doctors in a bid to keep prescriptions flowing.3

    In 2022, it was announced that Purdue Pharma agreed to pay a $150 million settlement in a proposed class action launched in 2018 on behalf of all provincial, territorial and federal governments, alleging that opioid manufacturers and distributors engaged in deceptive marketing practices that amplified addiction, destroying countless lives and killing of thousands of people. This remains the largest settlement of a governmental health claim in Canadian history.4

    Apollo Capital asks its fellow Shareholders – do you feel like Medipharm Chairman Chris Taves fulfilled his fiduciary duty, and even his moral duty to you, to make you aware of Opioid- Pusher Pidduck’s past with Purdue Pharma when he hired him as the CEO to steward your investments?

    Apollo Capital asks its fellow Shareholders – do you feel like Medipharm Chairman Chris Taves properly represented Pidduck’s past to you when he asked you on multiple occasions to vote on Opioid-Pusher Pidduck’s outrageous and off-market compensation package?

    Apollo asks its fellow Shareholders – do you feel like the details of Pidduck’s very recent past were MATERIAL facts that Medipharm Chairman Chris Taves should have made crystal clear to you so that you could have made a more informed decision before voting for nearly SIX MILLION DOLLARS of YOUR money to end up in Opioid-Pusher Pidduck’s pocket?

    While Shareholders have suffered immense losses with no path to stop the bleeding, Mr. Pidduck has benefited from the Board’s largesse with an excessive and off-market compensation package that has funneled $5,587,059 of Shareholders’ money directly to Pidduck, despite MediPharm’s share price plummeting nearly to zero.

    Shareholders should demand accountability from the Board at the 2025 Annual and Special Meeting of Shareholders on June 16, 2025. Apollo Capital has nominated six highly qualified individuals; namely, Regan McGee, Scott Walters, David Lontini, Demetrios Mallios, John Fowler and Alan D. Lewis (the “Apollo Nominees”) to replace the incumbents and hold the Board accountable for destroying one billion dollars of shareholder value, enriching themselves at your expense, and enabling a CEO whose actions have driven operational and strategic failure and arguably much, much worse.

    ___________

    The opioid crisis continues to be devastating for people across the country in terms of lives lost, families torn apart and the impact on our health care frontline staff.

    Victims who before February 28, 2017 were prescribed in Canada and ingested OxyContin® tablets and/or OxyNEO® tablets, can visit https://oxycontinclassactionsettlement.com/ for more information.

    __________

    MediPharm Labs Shareholders can visit www.CureMediPharm.com, to sign up for important campaign updates.

    To access Apollo Capital’s Circular and related proxy materials, including a proxy or voting instruction form, visit SEDAR+ at www.sedarplus.ca.

    Contacts

    For Shareholders:
    Carson Proxy
    North American Toll-Free Phone: 1-800-530-5189
    Local or Text Message: 416-751-2066 (collect calls accepted)
    E: info@carsonproxy.com

    For Media:
    CureMediPharm@gasthalter.com

    Legal Disclosures

    Information in Support of Public Broadcast Exemption under Canadian Law

    In connection with the Annual Meeting, Apollo Capital has filed an amended and restated dissident information circular (the “Circular”) in compliance with applicable corporate and securities laws. Apollo Capital has provided in, or incorporated by reference into, this press release the disclosure required under section 9.2(4) of NI 51-102 – Continuous Disclosure Obligations (“NI 51-102”) and the corresponding exemption under the Business Corporations Act (Ontario), and has filed the Circular, available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The Circular contains disclosure prescribed by applicable corporate law and disclosure required under section 9.2(6) of NI 51-102 in respect of Apollo Capital’s director nominees, in accordance with corporate and securities laws applicable to public broadcast solicitations. The Circular is hereby incorporated by reference into this press release and is available under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. The registered office of the Company is 151 John Street, Barrie, Ontario, Canada L4N 2L1.

    SHAREHOLDERS OF MEDIPHARM ARE URGED TO READ THE CIRCULAR CAREFULLY BECAUSE IT CONTAINS IMPORTANT INFORMATION. Investors and shareholders are able to obtain free copies of the Circular and any amendments or supplements thereto and further proxy circulars at no charge under MediPharm’s profile on SEDAR+ at www.sedarplus.ca. In addition, shareholders are also able to obtain free copies of the Circular and other relevant documents by contacting Apollo Capital’s proxy solicitor, Carson Proxy Advisors Ltd. (“Carson Proxy”) at 1-800-530-5189, local (collect outside North America): 416-751-2066 or by email at info@carsonproxy.com.

    Proxies may be revoked in accordance with subsection 110(4) of the Business Corporations Act (Ontario) by a registered shareholder of Company shares: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying form of proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing; (c) by transmitting by telephonic or electronic means a revocation that is signed by electronic signature in accordance with applicable law, as the case may be: (i) at the registered office of the Company at any time up to and including the last business day preceding the day the Annual Meeting or any adjournment or postponement of the Annual Meeting is to be held, or (ii) with the chair of the Annual Meeting on the day of the Annual Meeting or any adjournment or postponement of the Annual Meeting; or (d) in any other manner permitted by law. In addition, proxies may be revoked by a non-registered holder of Company shares at any time by written notice to the intermediary in accordance with the instructions given to the non-registered holder by its intermediary. It should be noted that revocation of proxies or voting instructions by a non-registered holder can take several days or even longer to complete and, accordingly, any such revocation should be completed well in advance of the deadline prescribed in the form of proxy or voting instruction form to ensure it is given effect in respect of the Annual Meeting.

    The costs incurred in the preparation and mailing of any circular or proxy solicitation by Apollo Capital and any other participants named herein will be borne directly and indirectly by Apollo Capital. However, to the extent permitted under applicable law, Apollo Capital intends to seek reimbursement from the Company of all expenses incurred in connection with the solicitation of proxies for the election of its director nominees at the Annual Meeting.

    This press release and any solicitation made by Apollo Capital is, or will be, as applicable, made by such parties, and not by or on behalf of the management of the Company. Proxies may be solicited by proxy circular, mail, telephone, email or other electronic means, as well as by newspaper or other media advertising and in person by managers, directors, officers and employees of Apollo Capital who will not be specifically remunerated therefor. In addition, Apollo Capital may solicit proxies by way of public broadcast, including press release, speech or publication and any other manner permitted under applicable Canadian laws, and may engage the services of one or more agents and authorize other persons to assist it in soliciting proxies on their behalf.

    Apollo Capital has entered into an agreement with Carson Proxy Advisors (“Carson Proxy”) for solicitation and advisory services in connection with the solicitation of proxies for the Meeting, for which Carson Proxy will receive a fee not to exceed $250,000, together with reimbursement for reasonable and out-of-pocket expenses. Apollo Capital has also engaged Gasthalter & Co. LP (“G&Co”) to act as communications consultant to provide Apollo Capital with certain communications, public relations and related services, for which G&Co will receive a minimum fee of US$75,000 in addition to a performance fee of US$250,000 in the event that Apollo Capital’s nominees make up a majority of the Board following the Annual Meeting, plus excess fees, related costs and expenses.

    No member of Apollo Capital nor any of their associates or affiliates has or has had any material interest, direct or indirect, in any transaction since the beginning of the Company’s last completed financial year or in any proposed transaction that has materially affected or will or would materially affect the Company or any of the Company’s affiliates. No member of Apollo Capital nor any of their associates or affiliates has any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter to be acted upon at the Annual Meeting, other than setting the number of directors, the election of directors, the appointment of auditors and the approval of the ordinary resolution approving, among other things, the Company’s amended and restated equity incentive plan dated May 8, 2025 and the unallocated awards available thereunder.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward‐looking statements. All statements contained in this filing that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward‐looking statements. These statements are based on current expectations of Apollo Capital and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. All forward-looking statements contained herein are made only as of the date hereof and Apollo Capital disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Apollo Capital hereafter becomes aware, except as required by applicable law.

    Hashtags: #ShareholderActivism #CorporateGovernance #InvestorProtection #Investor Alert #Investor Fraud #FinancialRegulation #CorporateCrime #FinancialCrime #HomelandSecurity #DHS #OpioidCrisis #OpioidEpidemic #OpioidLitigation #OpioidVictims #BMO #DEA #ONDCP

    __________________________________________________
    1 Source: The Globe and Mail, “McKinsey pitched Purdue Pharma Canada on plan to boost opioid sales in 2014, memo reveals”, 6/19/2023, https://www.theglobeandmail.com/politics/article-mckinsey-opioid-lawsuit-purdue-pharma/.
    2 Source: CBC, “OxyContin maker agrees to $20M settlement in Canadian class-action case”, 5/1/2017, https://www.cbc.ca/news/health/oxycontin-class-action-1.4093781
    3 Source: U.S. Department of Justice, “Opioid Manufacturer Purdue Pharma Pleads Guilty to Fraud and Kickback Conspiracies”, 11/24/2020, https://www.justice.gov/archives/opa/pr/opioid-manufacturer-purdue-pharma-pleads-guilty-fraud-and-kickback-conspiracies
    4 Source: Ontario Minitstry of the Attorney General, Opioid Damages Settlement Secured with Purdue Pharma (Canada), 6/29/2022, https://news.ontario.ca/en/bulletin/1002169/opioid-damages-settlement-secured-with-purdue-pharma-canada

    The MIL Network

  • MIL-OSI: Standard Premium Finance Holdings Announces $250,000 Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 27, 2025 (GLOBE NEWSWIRE) — Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), a leading specialty finance company, today announced that its board of directors approved a stock repurchase program where the Company may purchase up to $250,000 of common stock in privately negotiated transactions over a six-month period, expiring November 2, 2025. The program will depend on market conditions, stock price, regulatory requirements and limitations, corporate liquidity requirements, priorities and other factors.

    “The stock repurchase program reflects our confidence in the strategic direction, growth prospects and financial strength of the Company to support our strategic objectives,” says William Koppelmann, CEO, Standard Premium. “The program provides flexibility to return capital to shareholders and demonstrates the long-term value of our business model.”

    The program does not require the Company to purchase any particular number of shares and there is no guarantee as to the number of shares that will be purchased. The timing and price of repurchases, and the actual number of shares repurchased under the program will be at the discretion of management.

    “The repurchase program is an efficient use of capital and a reflection of our disciplined approach to growth and value creation,” added Koppelmann. “As we continue to execute our acquisition strategy and expand our national footprint, we remain focused on delivering long-term returns for our shareholders.”

    The repurchase program aligns with the Company’s record profitability in FY 2024 and Q1 2025, reflecting continued financial momentum and operational strength.

    About Standard Premium Finance Holdings, Inc. 
    Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over $2 Billion of property and casualty insurance policies since 1991. We currently operate in 38 states and are seeking M&A opportunities of synergistic businesses to leverage economies of scale. https://www.standardpremium.com/ 

    Cautionary Statement Regarding Forward-Looking Statements
    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook, including the Company’s current plans concerning the stock repurchase plan. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.

    Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2025 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com.

    Media:
    Nicholas Turchiano
    CPR Marketing
    nturchiano@cpronline.com  
    201-641-1911×35

    The MIL Network

  • MIL-OSI Security: Federal Felon Arrested in Connection with Months-Long Armed Robbery Spree

    Source: Office of United States Attorneys

    ATLANTA – Terry Lewis Burston, a multi-convicted felon who was released from prison last year, appeared before U.S. Magistrate Judge Regina D. Cannon on May 22, 2025, following his arrest on charges of postal robbery, aggravated assault on a federal employee, Hobbs Act Robbery, and using a firearm during a crime of violence. Burston was arrested on May 17, 2025, pursuant to a criminal complaint obtained by the United States Postal Inspection Service.

    “Burston is a violent repeat offender who allegedly terrorized the citizens of DeKalb County by assaulting federal employees and robbing local business operators at gunpoint,” said U.S. Attorney Theodore S. Hertzberg. “We are grateful to our federal and local law enforcement partners whose coordinated investigation resulted in Burston’s arrest and prevented him from committing additional violent crimes.”

    “This is another example of Postal Inspectors and local agencies collaborating to remove an armed and dangerous individual from our community,” said Rodney M. Hopkins, Inspector in Charge of the Atlanta Division. “We are grateful to the U.S. Attorney’s Office for prosecuting the violent and callous actions committed by this defendant against postal service employees and other businesses.”

    According to U.S. Attorney Hertzberg, the charges, and other information presented in court: On December 14, 2024, Burston allegedly robbed an auto parts store in Decatur, Georgia. During the robbery, Burston allegedly brandished a black handgun, tapped it on the store counter, and demanded money from an employee. Burston fled after confiscating the cash.

    Six days later, on December 20, 2024, Burston allegedly waited outside a Scottdale, Georgia, post office. He forced his way inside after the last customer departed, pointed a gun at a postal employee, demanded money, obtained cash from the register, and fled.

    Later, on January 17, 2025, Burston allegedly attempted to rob a gas station in Decatur when he pointed a black handgun at an employee and demanded money.

    Four months later, on May 17, 2025, Burston allegedly attempted to rob a Lithonia, Georgia, Post Office but fled after postal employees began alerting their co-workers. Postal inspectors who responded to the attempted robbery found Burston changing his clothes behind a nearby restaurant. They recovered a firearm lying at Burston’s feet and arrested him after a brief chase.

    At the time of these alleged offenses, Burston was subject to federal supervision following his 2013 conviction for armed bank robbery. In a separate case, Burston was sentenced to 20 years of imprisonment for robbing an Atlanta bank and post office in 1995.

    Members of the public are reminded that the complaint only contains charges. The defendant is presumed innocent of the charges and it will be the government’s burden to prove the defendant’s guilt beyond a reasonable doubt at trial.

    This case is being investigated by the United States Postal Inspection Service with valuable assistance from the DeKalb County Police Department. 

    Assistant United States Attorney Noah R. Schechtman is prosecuting this case.

    This case is part of Operation Take Back America a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI

  • MIL-OSI Security: Mexican National Sentenced to Federal Prison for Firearms Trafficking

    Source: Office of United States Attorneys

    Mexican National Purchased More Than 150 Firearms to Be Smuggled from the United States to Mexico

    ATLANTA – Edson Aregullin has been sentenced to nearly six years in federal prison for unlawfully purchasing firearms for transport from Georgia to Mexico. 

    “Illegal firearms trafficking wreaks havoc in communities within and outside our district,” said U.S. Attorney Theodore S. Hertzberg. “We are proud to stand alongside our federal law enforcement partners in helping to stem the unlawful flow of firearms to criminals.”

    “Every illegal firearm that crosses our border becomes a weapon of destruction in the wrong hands,” said Bureau of Alcohol, Tobacco, Firearms and Explosives Assistant Special Agent in Charge Beau Kolodka. “ATF is committed to shutting down these criminal pipelines with precision and force. Our communities – here and abroad – deserve nothing less.”

    According to U.S. Attorney Hertzberg, the charges, and other information presented in court: Edson Aregullin conspired with several individuals in Mexico to purchase more than 150 firearms from various firearms dealers in the Northern District of Georgia.  Those firearms included 9mm pistols and AR-style rifles.  Aregullin’s contacts in Mexico sent him detailed instructions concerning the makes and models of the firearms to buy.  Aregullin bought the firearms with funds received from the actual buyer in Mexico and then facilitated transportation of the weapons to Mexico.

    The guns Areguillin purchased illegally were used to commit violent crimes. For example, on April 21, 2022, Aregullin bought a .223 caliber rifle that law enforcement officers in Guanajuato, Mexico recovered just a few months later after a deadly encounter between municipal police and armed combatants. During the ensuing melee, eight people were killed, and four were injured.

    On May 22, 2025, United States District Judge Steven D. Grimberg sentenced Edson Aregullin, 47, a Mexican national previously residing in Atlanta, Georgia, to 71 months in prison followed by three years of supervised release. On November 19, 2024, Aregullin pled guilty to Conspiracy to Traffic in Firearms, three counts of Trafficking in Firearms, and three counts of False Statements to a Federal Firearms Licensee.   

    This case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives.

    Assistant United States Attorney Stephanie Gabay-Smith prosecuted the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI

  • MIL-OSI: ibex Appoints Ricky Fields as Global Head of Business Development for Wave iX

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, May 27, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced the appointment of Ricky Fields as Global Head of Business Development for ibex Wave iX, the company’s next-gen AI solutions platform that is redefining the customer experience (CX) industry.

    In this role, Fields will report directly to Carl O’Neil, EVP and GM of Wave iX, Augment, and ibex CX. He will spearhead the company’s new go-to-market strategy as ibex scales Wave iX across industries seeking high-performance, non-human agent solutions that deliver seamless, fully autonomous customer experiences.

    “ibex is the proven leader in AI for CX, delivering breakthrough AI solutions that transform how businesses engage with their customers,” said Bob Dechant, CEO of ibex. “We manage hundreds of millions of customer interactions for the world’s top brands across major industries and provide unmatched business insights, making ibex the ideal CX partner to ensure digital transformation success. With Ricky driving our Wave iX go-to-market efforts, we’re positioned to reset the industry standard for customer experience and create unprecedented value for our clients.”

    Fields brings more than 25 years of experience scaling transformative technology at leading companies including Google, HPE, Cloudflare, and Avaya. His unique blend of strategic vision, technical expertise, and customer-first focus will be instrumental as ibex aggressively pursues its BPO 3.0 strategy and positions Wave iX as the leading AI-native CX platform.

    Fields’ passion for reimagining customer engagement aligns perfectly with ibex’s vision to modernize legacy CX models. In his new role, Fields will help accelerate ibex’s evolution as the Generative AI CX leader by unlocking new opportunities where intelligent AI agents deliver scalable, high-impact outcomes. Under his leadership, Wave iX is poised to further drive new revenue through AI, business insights, and operational excellence.

    About ibex

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

    ibex leverages its diverse global team of more than 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/585aee8d-87ff-43c4-9dc3-c972cfcfb84a

    The MIL Network

  • MIL-OSI: Varonis at Infosecurity Europe 2025: Automating Data Security for the AI Era

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and LONDON, May 27, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced its full event schedule for Infosecurity Europe 2025, taking place June 3 – 5 at ExCeL London. Varonis proudly returns to present expert sessions on strengthening cyber resilience, mastering proactive security, and modernizing DLP for today’s threat landscape.

    Stop by Varonis’ Booth D60 to learn how Varonis reduces risk to data in the age of AI. While there, learn how Varonis helps customers identify and mitigate threats across IaaS and SaaS, safeguard sensitive data, and boost compliance with privacy regulations automatically.

    Highlights at Infosecurity Europe 2025:

    Expert Session – CISO Secrets: Strengthening Cyber Resilience in 2025. Varonis’ Dr. William Priestley will share the data-centric security playbook built from conversations with top CISOs and cybersecurity leaders across manufacturing, finance, healthcare, and other industries.

    Date: Tuesday, June 3, at 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage

    Expert Session – Modernizing DLP for Today’s Threat Landscape. Varonis Field CTO Matt Lock will delve into next-gen DLP, an approach aligning modern collaboration with cloud-first detection and prevention. You’ll see how rethinking DLP can help you cut through noise, reduce workloads, and automate security posture.

    Date: Tuesday, June 3, 3:15 p.m. – 3:40 p.m.
    Location: Cyber Strategy stage

    Expert Session – Mastering Proactive SaaS Data Security. Varonis’ Dave Philpotts will cover the complexities of securing SaaS applications and the approach needed to enhance your security posture and prevent data breaches.

    Date: Wednesday, June 4, 12 p.m. – 12:25 p.m.
    Location: Technology Showcase stage 

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    The MIL Network

  • MIL-OSI: Strive Asset Management and Asset Entities (Nasdaq: ASST) Announce $750M Private Investment to Fund First Wave of Bitcoin Accumulation

    Source: GlobeNewswire (MIL-OSI)

    • Transaction to raise up to $1.5 billion in total proceeds upon exercise of warrants, which would make Strive Asset Management one of the largest Bitcoin treasury companies.
    • The combined company will continue to have no outstanding debt for borrowed money after this financing.
    • Strive CEO Matt Cole to discuss the company’s proposed alpha-generating Bitcoin strategies during his 11:54 AM PT keynote on May 27, 2025 at the Bitcoin for Corporations Symposium in Las Vegas, Nevada.

    DALLAS, May 27, 2025 (GLOBE NEWSWIRE) — Asset Entities (Nasdaq: ASST) and Strive Asset Management today announced the signing of a $750 million private investment in public equity (PIPE), with an additional $750 million in potential financing upon the exercise of warrants, which could increase total potential proceeds to $1.5 billion. Upon closing of the transactions, the proceeds are expected to support the company’s first wave of Bitcoin acquisitions, with the goal of establishing Strive Asset Management as the first Bitcoin treasury company focused on long-term Bitcoin outperformance through the implementation of alpha-generating strategies, in addition to the company’s plans to implement known beta strategies used by incumbent Bitcoin treasury corporations.

    A select group of leading institutional investors and Strive’s management team, including CEO Matt Cole, participated in the financing, which is expected to close concurrently with the transaction under the merger agreement between Strive Asset Management and Asset Entities.

    “Most Bitcoin treasury companies are valued based on multiples to their Bitcoin holdings, which makes sense because their strategies are tied to leveraged beta to Bitcoin,” said Matt Cole, CEO of Strive. “By contrast, our alpha-generating Bitcoin accumulation strategies are designed to drive sustained outperformance relative to Bitcoin itself, which requires a new valuation framework.”

    Strive Asset Management’s first wave of alpha-generating Bitcoin accumulation strategies include:

    • Unlocking discounted cash through acquisitions of biotech companies trading below their net cash position, which Strive views as a multi-billion dollar opportunity, and one where Strive believes it has a distinctive competitive advantage due to its founding and management team.
    • Acquiring distressed Bitcoin claims—such as Mt. Gox claims—at discounts to Bitcoin NAV, a market opportunity estimated to be over 75,000 BTC, through Strive’s recently announced strategic partnership with 117 Partners LLC.
    • Positioning itself to become a market leader in purchasing bottom tranches of structured Bitcoin credit vehicles, at discounted prices.

    The PIPE was priced at $1.35 per share of common stock, representing a 121% premium to the closing price of Asset Entities (NASDAQ:ASST) immediately before its merger announcement with Strive Asset Management. The exercise price for warrants in this PIPE transaction is $1.35 per share. Strive elected not to raise any debt financing in this transaction, to preserve maximal leverage capacity in the future to optimize returns for common equity.

    Strive will further discuss its alpha strategies during Matt Cole’s 11:54 AM PT presentation today at Bitcoin for Corporations in Las Vegas, Nevada. The presentation is expected to be streamed by the conference later in the day.

    The financing transaction is subject to customary closing conditions, including approvals from the shareholders of both Strive and Asset Entities.

    Advisors

    Cantor Fitzgerald & Co. served as exclusive financial advisor to Strive. In addition, Cantor Fitzgerald & Co. served as exclusive placement agent for the PIPE financing.

    Davis Polk & Wardwell LLP is acting as legal advisor to Strive.

    DLA Piper LLP (US) acted as legal advisor to Cantor Fitzgerald & Co.

    Bevilacqua PLLC is acting as legal advisor to Asset Entities.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities Inc.

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drive traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Asset Management

    Strive Asset Management is an asset management firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management recently announced plans to become the first publicly traded asset management Bitcoin treasury company. The company is focused on outperforming Bitcoin over the long run by combining traditional Bitcoin treasury company leveraged beta strategies with novel alpha-generating strategies.

    After launching its first ETF in August 2022, the company has grown to manage ~$2 billion in assets.

    Learn more at strive.com

    Company Contacts:
    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

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

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Strive and Asset Entities, Inc. (“ASST”), respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions, include, among others, the following:

    • the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the Merger Agreement;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive or ASST operate;
    • the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected;
    • the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events;
    • the diversion of management’s attention from ongoing business operations and opportunities;
    • potential adverse reactions of Strive’s or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing; and
    • other factors that may affect future results of Strive, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive’s, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s, ASST’s or the combined company’s results.

    Although each of Strive and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://assetentities.gcs-web.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive’s or ASST’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    Strive, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network

  • MIL-OSI: Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) — Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha” or the “Company”), a leading fintech platform serving the Bitcoin mining ecosystem, today announced strategic initiatives to strengthen its treasury plan and expand its product offering. 

    Strategic Allocation into Tether Gold (XAUt)
    Antalpha intends to allocate up to US $40 million equivalent in XAUt at market price from now until June 30, 2026. The Company views this allocation as a strategic hedge against macroeconomic volatility, a tool to diversify its institutional collateral base, and a means to offer its clients access to stable-value lending solutions to hedge against periods of market uncertainty. The Company believes that XAUt offers strong strategic value for institutional asset allocation, particularly in its potential to withstand crypto market cycles and support diverse financial applications. XAUt will be a cornerstone collateral asset in Antalpha’s loan structure, enabling the Prime platform to scale its financing business with improved resilience and greater stability.

    XAUt Product Integration
    Antalpha plans to acquire XAUt and secure such digital assets to obtain funding for its lending operation. In line with this strategy, the Company’s product and risk management teams are working jointly to upgrade its MPC capabilities and account features on the Antalpha Prime platform. Additionally, the Company plans to launch a dedicated portal on its website to provide near real-time information on XAUt and the corresponding underlying physical gold holdings, further enhancing asset transparency and client confidence.

    Multi-Asset Collateral Strategy to Expand Addressable Market and Improve Risk Management Capability
    Antalpha remains focused on its core lending business and is committed to developing scalable financing solutions for different business lines with long-term growth potential. In addition to accepting Bitcoin and mining-machine collateral for its crypto financing, the Company plans to expand its addressable market by accepting new forms of collateral, including XAUt and GPU for AI compute, to build a more flexible and scalable digital-asset lending business. In addition, we plan to expand our business relationship with Northstar and enable them to provide Ethereum margin loans on the Antalpha Prime platform. Antalpha plans to broaden its business lines as follow:

    • XAUt–Collateralized Loans will begin accepting XAUt as collateral to improve collateral value stability for supply-chain financing;
    • AI Compute Financing will begin providing institutional loans for investment in AI compute using AI GPUs as loan collateral; and
    • Ethereum Margin Loans will expand Northstar’s margin loan offering on Antalpha Prime to enable borrowers to secure digital asset financing with Ethereum, in addition to Bitcoin.

    “We are building Antalpha for the long term, with transparency, prudence and risk management at the core,” said Paul Liang, Chief Financial Officer of Antalpha. “Our digital gold strategy and new lending business lines reflect our willingness to listen to our clients’ needs and lead the digital asset financing industry with innovative institutional-grade lending solutions while strengthening our risk-management capabilities.”

    These new initiatives reinforce Antalpha’s vision as a leading, trusted, crypto-native infrastructure partner in the digital asset financing industry.

    About Antalpha
    Antalpha is a leading fintech company specializing in providing financing, technology, and risk management solutions to institutions in the digital asset industry. As the primary lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows customers to originate and manage their digital assets loans, as well as monitor collateral positions with near real-time data.

    About Tether Gold
    XAUt is a digital token issued by TG Commodities Limited, a Tether Group company. Each token represents ownership of one troy ounce of fine gold on a London Good Delivery gold bar, held in custody by a third-party custodian in a secure Swiss vault. The token is issued on both Ethereum (ERC-20) and Tron (TRC-20) blockchains, providing institutional and DeFi participants with 24/7 access to highly liquid, gold-backed assets. 

    Contact
    Investor Relations: ir@antalpha.com

    Safe Harbor Statement
    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Antalpha’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Antalpha’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Antalpha does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    The MIL Network

  • MIL-OSI: Moomoo Expands into Cryptocurrency Market with Launch of New Digital Asset Business

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 27, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is thrilled to announce its expansion into cryptocurrency trading with the upcoming launch of Moomoo Crypto, a comprehensive digital asset investment service for its U.S. users.

    The new U.S. Crypto’s plan to launch over 30 coins is an exciting option for moomoo investors to trade on its all-in-one trading platform. Moomoo leverages its established technology infrastructure and user-friendly interface to provide a seamless trading experience across both traditional securities through Moomoo Financial and digital assets through Moomoo Crypto. It will initially support trading of major cryptocurrencies including Bitcoin, Ethereum, and several other leading tokens for its current users, with plans to expand its offerings in the coming months to give users access in a gradual launch. The platform, backed by Moomoo Financial, will leverage Coinbase’s markets and infrastructure through its leading Crypto-as-a-Service (“CaaS”) platform.

    “As digital assets continue to gain mainstream adoption, we saw a clear opportunity to apply our expertise in creating accessible yet sophisticated investment tools for crypto space,” said Neil McDonald, moomoo’s US CEO.  “With Moomoo Crypto, we’re bridging the gap between traditional and digital finance, providing our users with the tools and insights they need to navigate this dynamic market.”

    Investors interested in crypto will be able to find an all-in-one platform with 32 coins offerings armed with advanced tools and various educational resources. Some advanced tools include spot charting and advanced charting, and moomoo is planning to adopt specific tools for crypto such as copy trading by early September.

    “We’re seeing growing demand from platforms like moomoo as crypto becomes increasingly mainstream,” said Brian Foster, Global Head of CaaS at Coinbase. “Our Crypto-as-a-Service offering is designed to help bridge traditional and digital finance, giving partners the infrastructure, security, and tools they need to confidently build in crypto and serve a wide range of users.”

    The move comes as interest in digital assets reaches new heights, with increasing retail participation and regulatory clarity emerging in key markets. Moomoo’s entry into the cryptocurrency sector helps the company capture growing demand from its existing user base of active investors while attracting new crypto-focused traders to its platform.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    For more information, please visit moomoo’s official website at www.moomoo.com or feel free to email us: pr@us.moomoo.com.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    Cryptocurrencies are not legal tender, not backed by any government, and not FDIC insured or SIPC protected. Cryptocurrency trading involves high risk and potential loss of principal. Crypto services are offered by Moomoo Crypto Inc. (NMLS Number 2287314). Not available in all states, see our full licensing disclosures here.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4fa41088-a4e3-4db6-9551-5e3678ed14bd

    The MIL Network

  • MIL-OSI: Orchid Security’s State of Identity Security 2025 Report Reveals Alarming Gaps in Application Identity Controls

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS and NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Identiverse — Orchid Security, the company bringing clarity to the complexity of enterprise identity security, today released its inaugural State of Identity Security 2025 report. Orchid’s analysis shows nearly half of enterprise applications violate basic credential-handling guidance, 44% undermine centralized IdP policies and 40% fall short of widely accepted identity-control standards. These shortcomings expose organizations to heightened audit findings, compliance penalties and breach risk.

    Complementing traditional industry research based on post-incident findings, the report presents a proactive analysis of the state of identity controls. Unlike assessments of external exposures, Orchid analyzes authentication flows and authorization practices embedded deep within enterprise applications. These insights span financial services, healthcare, manufacturing, retail, energy and other sectors – offering the first large-scale view into unseen and often overlooked identity practices, and in doing so, exposing hidden vulnerabilities and compliance gaps.

    Orchid will showcase these findings and its Identity-First Security platform at Identiverse 2025, taking place June 3-6 in Las Vegas.

    The report’s findings come at a critical time in the industry. The recently released 2025 Verizon Data Breach Investigation Report confirms that stolen credentials are once again the most common initial access method leading to breaches. Similarly, Crowdstrike’s Threat Report observes that “​​every breach starts with initial access, and identity-based attacks are among the most effective entry methods.” As threat actors focus on “logging in” via stolen credentials rather than “hacking in,” understanding and eliminating identity security gaps becomes a top priority for CISOs and identity providers.

    Key findings from Orchid’s research:

    1. Clear-text credentials found in nearly 50% of applications
      Given that no code is impenetrable and weaknesses as well as their exploit, are a fact of life, masking or encrypting credentials – ideally in an identity store but certainly when coded into applications – is a security imperative. In nearly half of the binary-level assessments conducted, Orchid’s LLM-powered analysis uncovered clear-text credentials. These were normally associated with alternative access flows, often for non-human accounts, but they also present an easy target for threat actors seeking entry or lateral movement.
    2. 44% of applications bypass Identity Providers (IdP)
      While (IdPs) are very common within enterprises and a valuable tool to centralize secure authentication practices, 44% of the time no IdP was utilized by at least one authentication path offered by the application. This is often due to application-level constraints, particularly around integrating with third-party or legacy systems. While understandable, especially in support of external access scenarios, these siloed authentication paths create significant operational challenges. Because they sit outside the centralized IAM framework, these non-standard directories are frequently excluded from routine joiner, mover, and leaver (JML) processes. As a result, they can become outdated, unmanaged and ultimately represent a growing blind spot that increases organization’s exposure to identity-related cyber risk.
    3. ~40% of apps lack identity control basics
      Basic best practices to maintain identity security include monitoring and even rate controlling login attempts, implementing account lockout after a certain number of failed attempts, enforcement of password complexity, token lifetime configurations and more. Unfortunately, each of these was found to be missing roughly 40% of the time. We know that most application developers are valued for their creativity, as it spurs innovation, but that spirit can make the consistent implementation of standards across applications a challenge.

    “These identity security gaps are by no means a reflection on today’s identity and access management teams,” said Roy Katmor, CEO and co-founder of Orchid Security. “The reality is, with the average enterprise relying on more than 1,200 applications – some developed and deployed globally, others introduced by regional offices or specific lines of business – it is a huge challenge to simply know all of the apps in use. Let alone to fully understand not only the standard audited identity flows, but also all feasible authentication pathways and authorization attributes within each application. That complexity is only compounded by the fact that, until now, the process has been largely manual.”

    Orchid’s recommendations for reducing identity risk

    Orchid Security notes that there are a variety of common tools and methods that enterprises can use to assess their environments for identity security exposures, including:

    • Static Application Security Testing (SAST): Code analysis during the development phases can easily be configured to look for hard-coded credentials, including those stored in clear text. Applications developed without a SAST tool should also be subject to code reviews looking for these practices as part of the release process.
    • Architecture reviews: The use of identity providers (IdPs) should be a standard design requirement, enforced during design reviews.
    • Monitoring tools: Basic log monitoring and Security Information and Event Management (SIEM) products will show you whether basic identity security hygiene is in place.
    • Penetration testing: Identity is the most common way in for threat actors, as well as those acting as them for security assessment. Testing for common identity weaknesses should be included.

    “Organizations can no longer afford to overlook identity as a central element of their security posture,” said Katmor. “Even without automated tools such as Orchid Security in place, there are practical steps teams can take, from manual code reviews to architecture and monitoring enhancements. Identity remains the most common attack vector, and proactive, layered assessment is key to reducing exposure.”

    Methodology

    Orchid Security performed automated, binary‑level assessments of applications in production environments across North America and Europe between January and April 2025. Rather than observing primary user interactions, Orchid mapped every identity flow built into each application – including legacy, third‑party and service‑account paths – to surface controls that could be subverted by threat actors. The State of Identity Security 2025 report aggregates the most gaps revealed by those assessments in order to surface those that are most common.

    Visit Orchid at Identiverse 2025 in the Startup Alley (SU21) June 3-6.

    To learn more about the current state of identity security, download Orchid’s State of Identity Security report.

    For more information on Orchid’s Identity-First Security platform, visit the website.

    About Orchid
    Orchid Security is an identity security orchestration platform—leveraging Open Telemetry, Prompt Engineering and Large Language Models (LLMs)—to unify and secure complex identity environments across enterprises. Founded by AI and cybersecurity experts Roy Katmor, Robert Weisman, and Ido Kelson, and backed by Intel Capital and Team8, Orchid enables large organizations to reduce the costs and effort of identity and access management (IAM), while maintaining compliance and security across their digital infrastructure. Its platform facilitates the continuous discovery of both self-hosted and SaaS applications, assessment of their native identity controls (and gaps), and remediation of compliance and cyber exposure from a single point of control—without extensive effort or application recoding.

    Media Contact
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    The MIL Network

  • MIL-OSI: Channel Factory Launches Intelligence Suite and AI-Powered Products to Maximize Ad ROI and Contextual Precision

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising platform, is introducing Channel Factory Intelligence, along with two new AI-driven solutions to streamline media intelligence: the Media Intelligence Hub, a unified reporting dashboard, and the Chatbot Assistant, Channel Factory’s first personalized AI data analyst.

    Channel Factory Intelligence is powered by machine learning and is the result of the company’s multi-year investment in building proprietary AI models and algorithms. Additionally, the fully integrated AI product suite contains Channel Factory’s newest AI solutions, incorporating both unparalleled brand suitability and contextual precision across digital video platforms while ensuring advertisers maximize return on ad spend with advanced optimization.

    As advertisers continue to reckon with a lack of critical insights when executing campaigns across multiple platforms, many existing AI solutions seek to rectify this issue by demanding a trade-off of control and transparency. Channel Factory Intelligence eliminates that compromise and acts as a “second brain” to deliver precise, optimized campaign insights while maintaining complete visibility. Based on an independent verification study conducted by PwC, Channel Factory has significantly optimized ad performance for advertisers, reducing media waste by more than 20% and achieving 99% accuracy in content categorization—delivering maximum efficiency, precision, and ROI.

    The two new analytics, live insights, and reporting tools announced today are the first products available within the new intelligence suite and can be leveraged via Channel Factory’s AI-driven media activation and optimization proprietary platform for cross-platform campaigns, ActivateIQ.

    Media Intelligence Hub is a customizable dashboard that centralizes campaign data, cross-platform, and surfaces foundational insights, such as total media cost, delivery, and performance. Instead of juggling multiple reports, advertisers get a clear and singular view that reduces inefficiencies, breaks down data silos, and supports faster, smarter decision-making.

    The hub enables advertisers to move from reactive to proactive strategies, while built-in machine learning forecasts trends, automates reporting, and provides optimization recommendations in real-time. Advertisers can adjust their budgets on the go and significantly improve ROI by reducing media waste with live tracking of planned versus actual spending and delivery.

    Also launching today is the new Chatbot Assistant, Channel Factory’s first personalized AI data analyst, embedded within ActivateIQ. By combining real-time analytics with Channel Factory’s industry-leading contextual intelligence, the assistant helps advertisers make instant adjustments to campaigns, content, and ad spend, preventing waste on the wrong audiences or markets. The assistant delivers curated campaign performance summaries that offer much-needed transparency between ad agencies and their technology partners.

    “Channel Factory isn’t just a vendor but they’re a strategic extension of our team. Their understanding of contextual targeting, smart optimization, knowledge of the product and platforms they work on, and collaboration, has helped us unlock stronger outcomes for our clients. They consistently ensure our campaigns are performing, efficient, brand-safe, and impactful at scale,” said Mark Kwak, Director, Paid Social and Programmatic at Starcom.

    “Running ad campaigns requires you to dig through mountains of data. Some of it is valuable, but so much can be insignificant, forcing you to spend time digging through unnecessary metrics to find actionable insights. Our industry is only tapping the surface of what’s possible when you can apply AI to solve this problem,” said Anudit Vikram, Chief Product Officer at Channel Factory. “Our new Chatbot Assistant and Media Intelligence Hub surface the insights that truly drive performance, giving advertisers the clarity they need to make confident, strategic decisions.”

    About Channel Factory
    Channel Factory is a global technology and data platform that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologies, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com

    Media Contact:
    Aimee Miller
    aimee@broadsheetcomms.com

    The MIL Network

  • MIL-OSI: OSS to Attend NVIDIA GTC Paris 2025

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., May 27, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leading provider of rugged, enterprise-class compute solutions for AI, machine learning (ML), and sensor processing at the edge, and an NVIDIA TIER 2 OEM and a NPN Elite Partner, today announced its participation in the upcoming NVIDIA GTC Paris Conference. The event takes place at the Paris Expo Porte de Versailles in Paris, France, on June 11–12, 2025.

    “NVIDIA is a valued long-time partner,” stated OSS President and CEO, Mike Knowles. “GTC Paris provides a premier platform to showcase our rugged, enterprise-class compute solutions designed for large-scale, data center-class AI, autonomy, and sensor fusion applications in edge environments.”

    Visitors to NVIDIA GTC Paris can experience OSS’s specialized AI computing solutions at Booth E07. Representatives from Bressner, OSS’s European subsidiary, will also be present and exhibiting at the conference.

    NVIDIA GTC Paris, organized in partnership with VivaTech 2025, brings together developers, researchers, business leaders, and technical experts to explore real-world applications of AI and accelerated computing. The event features live demos and sessions on generative AI, industrial digitalization, robotics, large language models, and more.

    For product inquiries or to schedule a meeting, contact OSS sales engineers at sales@onestopsystems.com or call +1 (877) 438-2724.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of current or future programs, the future adoption of technologies or applications, or the potential benefit of attending NVIDIA GTC Paris. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network

  • MIL-OSI: ila Bank partners with Mastercard to launch innovative solutions and expand into new markets

    Source: GlobeNewswire (MIL-OSI)

    MANAMA, Bahrain, May 27, 2025 (GLOBE NEWSWIRE) — ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank’s proposition across consumer products, launching new affluent, travel products and loyalty offerings.

    ila Bank will leverage Mastercard’s expertise to introduce loyalty program that supports cardholders’ lifestyle, providing added value across a wide range of areas, including dining, luxury shopping, travel and priceless experiences. The new product line will also leverage enhanced fraud solutions and privacy protection to secure every transaction.

    Mohamed Almaraj, ila Bank CEO, said, “ila has always been about the customer. We are proud to have maintained our commitment to offering customer-centric solutions and experiences in a growingly cashless economy, and this strategic agreement furthers the ila promise of ‘banking that reflects you’. Renewing our engagement with Mastercard will strengthen our standing as the frontrunner in the region’s digital payments landscape by offering the most seamless, secure and future-focused product portfolio that provides unparalleled premium benefits.”

    Adam Jones, Mastercard’s Division President for West Arabia, said, “In line with our shared commitment to driving innovation across the digital ecosystem, our long-standing relationship with ila Bank focuses on delivering customer-first solutions that help ensure a secure and rewarding banking experience. We will continue to provide our partners with enhanced product offering, supporting regional expansion.”

    Mastercard has been a trusted partner of ila Bank from the outset, supporting the bank’s strategy Together, they have introduced several innovative propositions to the market, including the multi-currency debit program, the Pay with Rewards loyalty program and the Mastercard airline co-brand with Gulf Air in Bahrain.

    Since its establishment in 2019, ila Bank has been dedicated to addressing the dynamic needs and lifestyles of its customers with bespoke banking solutions. The digital, mobile-only bank, well-received both domestically and regionally, currently offers a range of card products, including debit, credit and prepaid cards, that provide unparalleled bonus advantages and a personalized loyalty reward system.

    Other innovative products accessible through the award-winning ila app include smart digital saving tools, like Hassala and Jamiya, as well as Al Kanz, ila’s prize account that awards substantial cash prizes to lucky customers throughout the year.

    About Mastercard
    Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

    www.mastercard.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a838d1fe-d20b-4879-8e41-152c9e78b0a4

    The MIL Network

  • MIL-OSI: Cheap Psychic Readings [$0.99/Min] Best Cheap Phone Psychics for Affordable Readings in 2025

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, May 27, 2025 (GLOBE NEWSWIRE) — Are you searching for insight into your future without breaking the bank? You’re not alone. Many people want spiritual clarity but hesitate due to high prices. Fortunately, cheap psychic readings are now more accessible than ever. With a wide range of affordable psychics available online and over the phone, getting the answers you need is just a call or click away.

    ⇒ Talk to experienced and trusted cheap psychics offering free trial readings!

    You don’t need to spend a fortune to receive quality spiritual guidance. With so many reliable and cheap psychics available online and by phone, connecting with your higher path is more affordable than ever. Explore affordable psychic readings today and discover how much clarity and peace of mind are just a session away.

    The Psychic Experts, a reputable platform known for reviewing top psychic services, has released its 2025 report featuring the best affordable psychic readings online. The report reveals a rising trend: more people are turning to trusted, low-cost advisors for guidance on love, career, and emotional clarity. With growing demand for cheap phone psychics and live chat readings, this guide helps users find accurate, budget-friendly psychic services they can trust.

    ⇒ Connect with affordable psychics who deliver real answers!

    Why Choose Cheap Psychic Readings?

    Contrary to popular belief, a cheap psychic reading doesn’t mean low quality. Many trusted and gifted psychics offer discounted or promotional rates to make their services more accessible. These cheap psychics often deliver the same level of accuracy, empathy, and spiritual guidance as higher-priced readers, especially on reputable online platforms.

    Whether you’re looking for answers about love, career, family, or finances, affordable psychic readings can provide meaningful insights without straining your budget.

    ⇒ Talk to cheap psychics you can trust – free trial readings included!

    Top Benefits of Cheap Phone Psychics

    Cheap phone psychics offer incredible convenience. You can connect with a psychic instantly from the comfort of your home, eliminating travel time and added costs. Phone readings are especially ideal for those who value privacy or need guidance during stressful moments.

    Here are a few reasons people choose cheap phone psychics:

    • Immediate access to guidance during tough decisions
    • Flexible scheduling, day or night
    • Anonymity and emotional comfort
    • Affordable rates without compromising quality

    ⇒ Connect now for cheap psychic readings that are accurate and affordable!

    How to Find Affordable Psychics You Can Trust

    When looking for affordable psychics, it’s essential to choose a platform with verified readers and positive user reviews. Many well-known psychic websites offer introductory deals, such as:

    • First 3 minutes free
    • $1 per minute specials
    • Discounted first readings

    These promotions let you test a psychic’s style and accuracy before committing to a longer session.

    Get the best cheap psychic readings from trusted and accurate advisors. Affordable, real insights from cheap phone psychics ready to guide your path today.

    ⇒ Connect with affordable psychics offering free trial readings!

    What to Expect During a Cheap Psychic Reading

    A cheap psychic session can be just as enlightening as a premium one. The key is to approach the reading with an open mind and clear intentions. Whether your session is over chat, phone, or video, prepare your questions in advance and be honest with your psychic.

    Common reading types include:

    • Tarot card readings
    • Astrology reports
    • Love and relationship readings
    • Career guidance
    • Spiritual and life path coaching

    ⇒ Discover the best cheap psychics for love, career, or life decisions

    Tips to Maximize Your Affordable Psychic Readings

    To get the most out of your session:

    1. Write down your questions ahead of time.
    2. Choose a quiet, private space for your reading.
    3. Stay open and relaxed to receive clear guidance.
    4. Take notes during or after the reading.
    5. Follow up if needed — many platforms allow reviews or follow-up sessions.

    Explore accurate and affordable guidance with cheap psychic readings. Connect instantly with the best cheap phone psychics trusted by thousands.

    ⇒ Connect instantly and get free minutes with top-rated cheap psychics!

    As search interest grows for terms like “cheap psychic,” “cheap psychic readings,” and “affordable psychic readings,” it’s clear that accessibility is now just as important as accuracy. That’s why The-Psychic-Experts.com is committed to helping users find trusted, insightful services that don’t come with a high price tag.

    Unlike generic directories filled with marketing hype or vague listings, this guide was designed to provide real answers to real questions: Are psychics legitimate? Can you chat with a psychic online for free before paying? What are the best platforms for psychic phone readings on a budget?

    To answer these questions, The-Psychic-Experts.com reviewed platforms offering flexible options, such as chat or phone formats, transparent pricing, and specialties like love readings, energy healing, and mediumship. Special attention was given to services offering trial minutes, clear pricing, and affordable access to accurate guidance, helping users make informed choices without overspending.

    ⇒ Talk to cheap phone psychics for quick, accurate insights!

    The goal is to make it easy for users to find a cheap psychic without compromising on quality, accuracy, or privacy. Whether you’re looking for a quick live chat or a longer phone psychic reading, this guide connects you with options that suit both your budget and emotional needs.

    Trusted, accurate, and affordable — explore the best cheap psychic readings with top-rated cheap phone psychics who deliver real answers that matter.

    ⇒ Connect instantly with affordable and trusted cheap psychics!

    How The Psychic Experts Rank the Best Cheap Psychic Reading Services in 2025

    The psychic experts evaluate psychic reading platforms using a detailed and independent review system. The aim is to give users a clear understanding of what to expect from affordable psychic services before committing time or money. Every service reviewed is analyzed through several key criteria designed to ensure that the recommendations are trustworthy, accessible, and aligned with user expectations.

    Unlock your future with affordable and accurate cheap psychic readings. The best cheap phone psychics are available now for trusted, insightful advice.

    ⇒ Talk now to cheap phone psychics with a free trial offer!

    Price Transparency

    One of the most essential factors in the ranking process is pricing clarity. Services showing per-minute rates, trial offers, and refund terms are rated higher than those that obscure fees behind layered credit systems or hidden conditions. A primary concern among new users is being charged without fully understanding how pricing works. To address this, only platforms that provide upfront pricing and clearly explain the cost of cheap psychic readings were considered for the final list.

    The guide also places value on services that offer a low-cost entry point—such as a few free minutes to try the service or no requirement for upfront credit card information. These features help users test the quality of a phone psychic or live chat session before deciding whether to continue.

    ⇒ Connect with the most accurate cheap psychics today!

    Service Accessibility (Chat and Phone Options)

    Accessibility is also a priority. The rankings focus on services that support chat and phone psychic readings, allowing users to choose the most comfortable format. Some prefer speaking with a psychic by phone for a more direct and personal exchange, while others are more at ease using a chat-based interface, especially when exploring sensitive topics in private.

    In both formats, accessibility across devices (mobile and desktop), language support, and the option for instant sessions were all evaluated. Services that made it easy to chat with psychics online, free of complicated signups or long wait times, were rated more favorably.

    Spiritual Accuracy and Professionalism

    To assess the quality of the readings themselves, The-Psychic-Experts.com uses controlled testing. A selection of readers from each service is evaluated through trial sessions designed to measure consistency, relevance, and tone. Services that employed psychics with clear, situation-specific insights scored higher in this category.

    The site does not promote guarantees of supernatural outcomes or unrealistic claims. Instead, the focus is on practical guidance delivered respectfully, with a tone that supports emotional clarity. Psychics who consistently offered helpful, grounded insights in phone and chat formats were favored in the final ranking.

    ⇒ Discover affordable guidance with cheap psychic readings!

    User Experience and Real Reviews

    Finally, user feedback plays a central role in the ranking process. Hundreds of verified customer reviews, across multiple sources, were analyzed to identify patterns. Common themes included satisfaction with pricing, responsiveness, emotional impact, and whether the session met expectations.

    Services with frequent complaints about billing confusion, rushed readings, or lack of availability were excluded from the top ranks. Instead, preference was given to platforms with steady user satisfaction and repeat engagement.

    No specific company or brand is named in this report. The goal is to offer general consumer guidance based on consistent patterns and user needs. This approach protects the editorial neutrality of The-Psychic-Experts.com and keeps the focus on experience quality rather than marketing.

    The result is a trusted resource for anyone seeking a cheap psychic who can offer reliable advice without financial risk or long-term commitment.

    ⇒ Discover cheap psychic readings with honest and trusted advisors!

    What Makes Cheap Psychic Readings Online a Practical Option in 2025?

    There’s a common misunderstanding that lower-cost services mean lower quality. The-Psychic-Experts.com’s 2025 guide proves that this is not the case when it comes to psychic readings. Affordable services can deliver valuable, emotionally supportive insights, especially when evaluated carefully.

    Access Anytime, Across Time Zones

    One of the most substantial advantages of online psychic services is 24/7 access. No matter where the user is located, they can connect with a phone psychic or live chat advisor at any hour. This removes scheduling barriers and allows quick access during personal crises, major decisions, or periods of emotional uncertainty.

    The guide highlights how services offering both live chat and phone readings are helping users avoid the long wait times often associated with in-person appointments. Whether someone wants to speak with a psychic directly or have a text-based conversation, availability is much more flexible than before.

    ⇒ Talk live with affordable and accurate cheap psychics!

    Lower Cost Doesn’t Mean Low Value

    Price is a significant concern for many people looking for guidance, but not everyone can afford sessions that cost $5 or more per minute. The services reviewed in this report offer alternatives starting at under $1 per minute or include trial minutes to test the service at no cost.

    The ability to speak with cheap phone psychics under traditional rates means more people can access emotional support without pressure. It also encourages repeat engagement, helping users build longer-term insight without financial strain.

    Quality was not compromised. Many users reported that their experiences with cheap psychics were as detailed and impactful as sessions they’d previously paid more for. What matters most is how clear, focused, and helpful the reading is, not how much it costs.

    ⇒ Talk to cheap psychics now and enjoy a free trial session!

    Private, Flexible Sessions

    Not everyone is comfortable discussing personal issues face-to-face. Many users prefer psychic chat sessions because they can stay anonymous while receiving direct answers. The live chat format is handy for first-time users or those who want to explore specific questions discreetly.

    Phone readings remain a preferred option for those seeking a more interactive experience. The connection can feel more personal with voice tone, pauses, and real-time responses. Both methods have benefits, and having the option to choose adds to the appeal of cheap psychic readings online.

    Services that allow users to chat with psychics online for free, at least for a few minutes, give an added layer of confidence. They reduce risk, support trust, and allow users to experience the process before paying for a longer session.

    User Control and Session Customization

    Cheap psychic services often allow users to filter by category, skill, and reading style. This level of control helps people match with psychics who specialize in what they’re going through—whether that’s a relationship issue, work stress, or spiritual uncertainty.

    Rather than relying on one-size-fits-all solutions, users can choose how long they want their session to be, how much they’re willing to spend, and what topics they want to discuss.

    ⇒ Connect with top-rated cheap phone psychics today

    Types of Cheap Psychic Readings Available Online in 2025

    As demand for affordable psychic services increases, so do the options available. The psychic expert’s latest report outlines the most common formats users can choose from when seeking insight and support. These services are built around flexibility—letting people decide how to connect, how much time they want to spend, and what information they hope to receive.

    Psychic Phone Readings

    Phone psychic readings continue to be one of the most requested formats. This method lets users speak directly with a psychic, offering a natural and real-time conversation. Many people feel more connected when they hear voice tone, emotion, and pacing—all of which help build trust during a reading.

    Phone sessions are ideal for those who want detailed discussions or have multiple questions that need follow-up. They’re also preferred by people dealing with emotionally complex topics like relationship decisions or long-term career questions. Because of their interactive nature, phone readings often allow for deeper follow-through and clarification.

    Phone psychic readings are offered at various price points. The report features several services where cheap phone psychics offer quality sessions under $2 per minute, with many providing free minutes upfront for first-time users.

    ⇒ Talk to psychic experts offering affordable phone readings!

    Live Psychic Chat Readings

    Chat-based readings are especially popular with users who prefer privacy or wish to remain anonymous. This format involves real-time messaging with a psychic advisor, often through a platform’s built-in chat tool.

    Many users choose this option because it gives them more time to think about what they want to say. It also creates a written transcript of the conversation, which can be helpful for review later. Live psychic chat is a common starting point for new users exploring the service without committing to a phone call.

    For those wondering if chat readings are as effective as phone ones, The-Psychic-Experts.com notes that both formats can be equally accurate. The decision often comes down to personal comfort.

    Chat services are also a strong choice for people with hearing difficulties or those in shared living spaces where phone calls aren’t ideal. They often include features like instant connection, user ratings, and profile filters that help match the reader to the user’s concerns.

    ⇒ Connect with cheap psychics who offer real insight

    Psychic Medium Chat

    This chat form focuses specifically on communicating with loved ones who have passed away. Medium readings are usually more specialized and are handled by psychics trained in this type of spiritual connection.

    The format can vary between chat and phone, but many people find psychic medium chat to be less overwhelming than a phone session, especially when dealing with grief. Written communication allows them to take their time, reflect, and process what is being shared.

    Not all services offer this type of reading, and The-Psychic-Experts.com’s report highlights which platforms include mediumship among their specialties. Readers trained in this area are usually marked clearly on their profiles, and users are encouraged to seek reviews before beginning a session.

    Free Psychic Reading Online Chat (No Credit Card Needed)

    A growing number of users prefer to try a reading without any financial commitment. The guide also looks at platforms offering free psychic chat with no credit card required.

    These trial sessions are often short, typically 3 to 5 minutes, but give users a sense of the reader’s style and accuracy. More importantly, they reduce the risk of misunderstanding pricing models or being locked into service before feeling confident.

    Many people use these free minutes to test multiple readers before deciding who to work with long-term. For those unsure where to start, this is one of the most practical ways to explore psychic reading without pressure.

    ⇒ Talk now and get a free trial with cheap psychic readings!

    When to Choose Chat or Phone

    There’s no single format that fits everyone. Choosing between chat and phone depends on the user’s communication style, emotional needs, and environment.

    Phone is best for:

    • Real-time emotional support
    • Follow-up questions
    • Detailed explanations

    Chat is best for:

    • Privacy or public settings
    • Written reference after the session
    • First-time users testing the service

    ⇒ Connect for accurate, affordable cheap phone psychic sessions

    How to Choose the Right Cheap Psychic for Your Needs

    Finding the right psychic doesn’t always mean finding the most expensive one. Many users discover that a low-cost reader can offer just as much value when properly vetted. The-Psychic-Experts.com outlines several tips to help people choose wisely, avoid common mistakes, and match with a psychic who aligns with their goals.

    Look for Verified Reviews and Reading Samples

    A good starting point is reading user feedback. Platforms included in the guide often feature star ratings, written testimonials, and repeat client data. These reviews can help identify patterns, such as whether a psychic is known for accuracy, compassion, or quick connection.

    Some services allow potential clients to read public transcripts or summaries from previous sessions. This can give insight into how the psychic communicates and whether their tone matches the user’s preferences.

    ⇒ Talk to affordable, cheap psychics with top reviews!

    Focus on Specialty Match

    Not all psychics work the same way. Some focus on love and relationships, while others specialize in spiritual growth, career decisions, or past life readings. Choosing someone aligned with the topic at hand makes the session more productive.

    For example:

    • Love readings: Look for keywords like soulmate, twin flame, or relationship analysis.
    • Career or money questions: Search for financial clarity or professional guidance tags.
    • Past life insight: Choose readers trained in regression or spiritual recall techniques.

    Use Free Minutes or Trial Offers

    Cheap psychic readings don’t mean guessing. Many reviewed services offer free 3–5 minutes to new users. This time can be used to evaluate clarity, tone, and connection before deciding whether to continue.

    Users can end the session without penalty if the reader seems unclear, vague, or repetitive. Trial minutes are essential for testing multiple options until the right match is found.

    ⇒ Talk to affordable psychics now and enjoy free minutes!

    Red Flags to Watch Out For

    While most reviewed services are legitimate, staying cautious is still essential. The-Psychic-Experts.com advises users to be aware of certain warning signs:

    • Pushing for extended time: If a reader pressures a client to extend beyond their planned session, this is a concern.
    • Making absolute promises: No psychic can guarantee specific outcomes.
    • Scare tactics or upselling: Any mention of curses, spells, or urgent need for payment to avoid bad energy is a red flag.

    If a psychic introduces those themes, users can disconnect immediately and report the session if needed.

    Trust Your First Impression

    First impressions matter. If a psychic doesn’t feel present, respectful, or connected in the first few minutes, they may not be the right choice.

    Users are encouraged to prepare a few clear questions before the session and to keep the conversation focused. The best psychics will listen carefully, respond directly, and create a comfortable space for users to share details at their own pace.

    ⇒ Talk to the best cheap psychics for career and relationship insights!

    What Real Users Say About Cheap Psychic Readings Online

    The psychic experts gathered experiences from everyday users who’ve turned to cheap psychic readings online for clarity and emotional support. The following testimonials represent user profiles covering a range of demographics and situations. These stories help show how accessible psychic services, including psychic phone readings and free psychic chat options, are making a difference in people’s lives in 2025.

    ⇒ Discover peace of mind with cheap psychic readings!

    Samantha, 27, Graphic Designer — Oregon

    “I started using psychic chat services about a year ago when I was going through a confusing breakup. I didn’t want to discuss it with friends, and therapy wasn’t in my budget. I found a cheap psychic online who helped me put my feelings in perspective. We connected through a free psychic reading online chat with no credit card required. I was surprised by how calming it was just to talk through things.”

    Samantha now uses affordable psychics for guidance on career decisions. “It’s a tool I use when I need another point of view. Not everything is groundbreaking, but the good sessions really help me get unstuck.”

    ⇒ Connect to trusted cheap psychics offering free minutes!

    Richard, 64, Retired Police Officer — Florida

    “I used to think psychic readings were all just entertainment. But when I lost my wife, I found myself searching for anything that could offer comfort. I wasn’t ready for a full conversation at first, so I tried a live psychic chat. The reader made no wild claims; it just helped me think about what I was holding onto.”

    Now, Richard prefers phone psychic readings. “Sometimes you just want to talk, and the chat doesn’t feel like enough. I’ve found a few cheap phone psychics who actually take the time to listen.”

    He continues to use psychic phone readings every few months. “The cost is manageable, and it helps me focus.”

    Tania, 35, Single Mother of Two — Texas

    “I work full-time and raise two kids. There’s not a lot of time or money left over for me. A friend told me about free psychic chat online, and I thought, ‘Why not?’ I asked about some decisions I’d been avoiding—whether to move, take a promotion, start dating again.”

    Tania found the convenience of live chat critical. “I could message someone late at night while the kids were sleeping. And the advice felt honest, not like someone trying to sell me a dream.”

    She’s used affordable psychic readings several times since. “You can get what you need in 15 minutes, and it doesn’t cost more than lunch. That’s what makes it sustainable.”

    ⇒ Discover love, money, and destiny with cheap phone psychics

    Closing Summary: A Practical Guide for Affordable Spiritual Support in 2025

    The Psychic Experts 2025 report is a practical resource for anyone looking to explore cheap psychic readings without confusion or high costs. By focusing on services that are accessible, affordable, and flexible, the guide helps users take control of their spiritual questions, whether they prefer quick online chats or full phone psychic readings.

    With interest in cheap psychic readings, low-cost phone sessions, and flexible reading formats rising across the country, users now have more ways to get support that fits their schedule and budget. This guide simplifies that process by providing precise, unbiased evaluations prioritizing user experience over promotional claims.

    The platform has helped thousands of people find their first psychic, explore new reading formats, and return to trusted advisors—all without long-term commitment or inflated pricing. Whether someone seeks relationship advice, closure from a past event, or direction in a career choice, the right psychic match is easier to find when guided by accurate, experience-based information.

    FAQs

    Are cheap psychic readings accurate?

    Yes, cheap psychic readings can be just as accurate as more expensive sessions. Many affordable psychics offer low rates to attract new clients or provide spiritual guidance to a wider audience. Accuracy depends more on the psychic’s ability than the price.

    What makes a psychic reading “cheap”?

    A cheap psychic reading usually refers to sessions offered at a lower-than-average rate, often as part of a promotion or introductory offer. Many trusted platforms feature cheap psychics with special deals like $1 per minute or free first minutes.

    Where can I find affordable psychic readings online?

    You can find affordable psychic readings on reputable websites that verify their psychics and offer user reviews. Look for platforms that highlight cheap phone psychics and chat options, with clearly stated pricing and customer support.

    Are cheap phone psychics reliable?

    Yes, many cheap phone psychics are experienced and trustworthy. Phone readings can offer the same depth and accuracy as in-person sessions, especially when provided by vetted and well-reviewed affordable psychics.

    Can I get a cheap psychic reading about love and relationships?

    Absolutely. Many cheap psychics specialize in love, relationships, and compatibility readings. Whether you’re dealing with heartbreak or seeking your soulmate, cheap psychic readings can offer deep insights at a low cost.

    How long does a cheap psychic reading last?

    The duration depends on the platform and your budget. Most cheap psychic readings are billed per minute, allowing you to control how much you spend. Short sessions can still provide powerful insights, especially with focused questions.

    What should I ask during an affordable psychic reading?

    Prepare clear, specific questions to get the most out of your affordable psychic reading. Topics can include love, career, family, finances, or spiritual growth. Many people ask cheap phone psychics about timing, decision-making, or past-life insights.

    Do affordable psychics offer free readings?

    Many affordable psychics offer the first few minutes free or discounted as a trial. While not completely free, these offers make it easy to test the psychic’s style and accuracy before committing to a full cheap psychic reading.

    Are cheap psychic readings safe and confidential?

    Yes, most reputable platforms that offer cheap psychic readings ensure privacy and confidentiality. Whether you’re connecting with cheap phone psychics or using online chat, your personal information and questions remain secure.

    What’s the difference between a cheap psychic and an expensive one?

    Often, the difference lies in popularity or years of experience. However, many cheap psychics are just as talented but choose to keep their rates accessible. It’s always a good idea to read reviews and choose a psychic based on connection and accuracy, not just price.

    Media Contact
    Company: The Psychic Experts
    Contact Person: Anthony C. Bedoya
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    Phone: +1 414-203-2598

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    The MIL Network

  • MIL-OSI: Relm Insurance Appoints Rob Thomas as Chief Information Security Officer

    Source: GlobeNewswire (MIL-OSI)

    Hamilton, Bermuda, May 27, 2025 (GLOBE NEWSWIRE) —  Relm Insurance (Relm), the leading specialty insurance carrier supporting emerging and innovative industries, is pleased to announce the appointment of Robert Thomas as Chief Information Security Officer (CISO).

    Robert brings over 20 years of leadership experience in cybersecurity and technology across the Banking, Insurance, and FinTech sectors. In his role at Relm, he will be responsible for shaping and executing the company’s information security strategy, strengthening its cyber resilience, and ensuring regulatory compliance as Relm continues to scale globally.

    Throughout his career, Robert has spearheaded digital transformation initiatives, transitioned organizations from outsourced to internal IT service models, and implemented DevOps and automation programs to drive operational efficiency. He has developed robust cybersecurity frameworks aligned with global standards, enabling innovation while protecting critical digital assets in complex, highly regulated environments.

    “Robert’s blend of technical expertise, strategic vision, and leadership acumen makes him a tremendous asset to the team,” said Relm CEO and Founder, Joseph Ziolkowski. “His appointment reflects our continued investment in building a secure, scalable foundation to support the unique needs of our clients in fast-evolving industries.”

    Robert emphasized his enthusiasm about joining Relm, stating: “Relm’s bold approach to innovation and its commitment to client success are what drew me to this opportunity. I’m excited to lead the charge in strengthening cybersecurity posture and embedding security as a core enabler of growth and resilience across the business.”

    Robert holds a Master of Science (MSc) in Information Technology from the University of Liverpool. His leadership philosophy centers on collaboration, transparency, and mentorship, empowering cross-functional teams to deliver secure and scalable solutions.

    About Relm Insurance 

    Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier supporting emerging industries that spur innovation and next-generation technologies. Launched in 2019 to address the scarcity of insurance capacity available to these high-growth markets, Relm plays an active role in bolstering the resilience of these innovative industries.  

    Relm’s unrivaled industry expertise and solutions-driven track record makes it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries including Web3, digital assets, AI, biotech, and the space economy. Relm has earned a Financial Stability Rating of A, Exceptional, from Demotech.  

    Media contact:
    Yasmin Oronos
    Luna PR
    yasmin.oronos@lunapr.io

    The MIL Network

  • MIL-OSI: John Snow Labs Acquires WiseCube to Refine and Safeguard Medical AI Models with Knowledge Graphs

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., May 27, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the acquisition of WiseCube, a pioneer in biomedical knowledge graphs and AI-powered literature analysis. The acquisition strengthens the company’s mission to deliver responsible, accurate, and explainable healthcare AI solutions enhanced by WiseCube’s billion-scale knowledge platform.

    WiseCube unifies and analyzes disjointed biomedical datasets to provide fast, literature-backed answers to complex medical questions. Its integration of cutting-edge biomedical ontologies and documents ensures access to the most current and comprehensive medical knowledge. This capability has proven indispensable, uncovering new use cases and solutions John Snow Labs can support, such as drug discovery and precision medicine within the Medical Chatbot Platform.

    The WiseCube acquisition will enable John Snow Labs to:

    • Enhance Biomedical Literature Review: Unique algorithms enable holistic analysis of unstructured data and medical ontologies to generate new scientific hypotheses.
    • Accelerate Drug Discovery: Surfacing hidden relationships among drugs, genes, and diseases, WiseCube shortens the path from discovery to clinical trials.
    • Improve Hallucination Detection for Medical LLMs: WiseCube’s Pythia service includes a hallucination detection tool that can monitor AI-generated responses alignment with verified medical knowledge, enhancing compliance and safety of medical AI applications.

    “With John Snow Labs’ leadership in healthcare AI, our combined teams can now bring safe and effective AI solutions to the market at scale,” said Vishnu Vettrivel, CEO, WiseCube. “We look forward to improving research productivity, clinical decision-making, and patient outcomes together.”

    “The integration of WiseCube’s knowledge graph technology into our healthcare AI solutions enables a new level of accuracy and reliability for our customers,” said David Talby, CEO, John Snow Labs. “We’re excited to accelerate the ability to deliver real-world, production-ready solutions that clinicians and researchers can trust.”

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Medical LLMs, Healthcare NLP, Spark NLP, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com 

    The MIL Network

  • MIL-OSI: Rumble CEO to Host Fireside Chat with Donald Trump Jr. at Bitcoin 2025, Announces Sponsorship and Live-Streaming at the Conference

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, NV, May 27, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that its founder and CEO Chris Pavlovski will interview Donald Trump Jr., host of Triggered, a Rumble exclusive podcast and board member of Trump Media & Technology Group (NASDAQ: DJT), live on stage at the Bitcoin 2025 conference in Las Vegas. The conversation is titled “Uncancelable: Bitcoin, Rumble & Free Speech,” and will be live-streamed on Tuesday, May 27, 2025 at 4:30 p.m. PT from the Nakamoto Stage at The Venetian Las Vegas.

    Rumble also announced a partnership role with Bitcoin 2025, serving as a 3 Block sponsor of the conference. Rumble will have a significant live-streaming presence at the event with many creators producing their content on-site.

    “Bitcoin represents decentralization and freedom, just like Rumble, which is why this is such an obvious and great pairing,” Pavlovski said. “At Rumble, we’ve adopted a Bitcoin treasury strategy because it’s growth-oriented and forward-looking—one of many reasons it’s important that Rumble be involved with Bitcoin 2025.”

    You can watch the fireside chat and the Bitcoin 2025 Conference here.

    ABOUT RUMBLE

    Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.

    Contact: press@rumble.com.

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    The MIL Network