Category: Trade

MIL-OSI: WEEX Drives Global Strategy with Dubai Office and TOKEN2049 Spotlight

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, March 31, 2025 (GLOBE NEWSWIRE) — Recently, WEEX officially announced the opening of its international office in Dubai’s central financial district, joining top-tier exchanges like Bybit, OKX, and Bitget in establishing a physical presence in the region. As the most dynamic crypto hub in the Middle East, Dubai continues to attract leading platforms. WEEX has also seen rapid growth in global markets, driven by its ongoing advantages in trading security, product liquidity, and user experience.

The WEEX Dubai international office now houses over 600 employees, making it one of the largest crypto exchange operations in the region. Andrew Weiner, Vice President of WEEX, said: “With WEEX’s rapid growth in the Middle East and global markets, we plan to expand our team further in Dubai over the next one to two years, adding 30 to 50 new hires to better support local operations and service deployment.” As WEEX continues to grow its user base, product offerings, and international influence, Dubai will serve as the central hub for the platform’s global expansion, driving localized operations and team-building efforts to enhance WEEX’s global strength and influence.

As a global crypto trading platform founded in 2018, WEEX has already served over 6.2 million users across 130+ countries and regions. With a daily trading volume of over $5 billion, WEEX supports more than 1,700 trading pairs, including popular mainstream and emerging tokens. The platform offers spot and derivative trading with leverage up to 400x. Backed by strong liquidity and a precision trading matching system, WEEX also protects users’ assets with a 1,000 BTC Protection Fund. The platform’s innovative copy trading feature has attracted a significant number of professional traders and users, making it one of the most popular tools for precision trading today.

Meanwhile, WEEX has partnered with global brand ambassador Michael Owen and five regional ambassadors to further promote the concept of Precision Trading. The platform is also launching the “Win With Michael Owen, Sign up & get up to $100 for Free” campaign. New users who register can receive up to $30,000 in USDT rewards and have a chance to win a signed football jersey by watching Michael Owen’s newly released brand video: https://www.youtube.com/watch?v=tRB-V2hMhuM

As a legendary striker, Michael Owen is known for his precision, efficiency, and decisiveness on the field. This relentless pursuit of precision aligns perfectly with WEEX’s core philosophy of Precision Trading. Reflecting on how to make quick, accurate decisions under pressure, Michael Owen said: “I realized early on that being fully prepared for all possible outcomes is key to making the best decision in the moment. Otherwise, hesitation can cause opportunities to slip by.” This “instinctive decision-making,” built through years of practice and experience, helped him master risk management and timing, principles that align perfectly with WEEX’s approach to trading.

Since the partnership, WEEX has continued refining its precision trading tools and deepening its market strategies, helping users improve decision-making efficiency and enhance risk control. Looking ahead, WEEX will continue to use its Dubai international office as the central hub of its global strategy, focusing on product development, localized services, and regulatory compliance. Through platforms like TOKEN2049, WEEX will further drive the adoption of Precision Trading across broader markets. Michael Owen and the global ambassador team will continue to collaborate with WEEX to help more investors navigate market volatility, capture opportunities, and unlock the full potential of the crypto industry.

Disclaimer: WEEX does not currently conduct any virtual asset activities in the UAE and has not been licensed by the Virtual Assets Regulatory Authority (VARA). WEEX will only engage in virtual asset activities in Dubai upon obtaining the necessary VARA license.

Comtact:
Regina O’Keefe
market@weexglobal.com

Disclaimer: This press release is provided by WEEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e549160-8964-465f-992c-74b94bb9228f

The MIL Network –

April 1, 2025
MIL-OSI Africa: Stakeholders commit to improved water services for all

Source: South Africa News Agency

Stakeholders in the water sector have committed to collaborative efforts to implement tangible plans and reforms outlined at the recent Water and Sanitation Indaba aimed at improving water security and services for all citizens.

This pledge was made on the final day of the two-day Water and Sanitation Indaba, held at the Gallagher Convention Centre in Midrand, Johannesburg, from 27-28 March 2025.

At the Indaba, stakeholders including government representatives, agreed to work together and hold each other accountable for their actions and commitments. Stakeholders also agreed to increase investment in water research and development as well as technological transfer.

They also agreed to recognise the existing body of knowledge including indigenous systems as well as promote the inclusion of women, youth, and people with disabilities in the water and sanitation sector.

Several key resolutions were also made during the event, including a commitment by the Department of Water and Sanitation (DWS) to finalise the establishment of the National Water Resource Infrastructure Agency by mid-2026, and the creation of Catchment Management Agencies, set to be completed by July 2025.

The Water Service Authorities (WSAs) pledged to adopt a utility model for water and sanitation to ensure operational efficiency while maintaining municipal ownership, to be implemented within three years.

A utility can be a ring-fenced internal department, municipal entity, water board, special purpose vehicle, or concession, amongst other options.

Additionally, the South African Local Government Association (SALGA), in collaboration with the Departments of Co-operative Governance and Traditional Affairs (CoGTA) and DWS, committed to implement a coordinated Municipal Systems Act Section 78 consultative process, according to the timeframes in the plan. This process will facilitate the appointment of capable Water Service Providers (WSPs). This should lead to the appointment of capable Water Service Providers (WSPs).

In line with good governance and legal compliance, it was resolved that all WSAs must separate their WSA and WSP functions, accounting for them independently within one year. Resolutions on this matter should be presented to Council within three months.

The metropolitan municipalities were also tasked to implement the Reform of Metropolitan Trading Services Programme. This includes establishing or appointing ring-fenced, professionally managed utilities, either internal or external, for water and sanitation services within two years, with support from National Treasury and relevant departments.

Stakeholders also agreed that COGTA should review the current local government structure including the appropriateness of the two-tier system, followed by the review of the allocation of WSA status to municipalities.

Furthermore, the DWS committed to finalise the amendments to the Water Services Act for tabling to Parliament by May 2025.

“Following this, [the] DWS [is] to put in place an operating licensing system for Water Services Providers by June 2026. DWS to provide guidance to WSAs on the different options for external WSPs, on request from April 2025, and to issue guidelines on the roles and functions of WSAs versus WSPs by April 2025.

“[The] DWS and AWSISA [Association of Water and Sanitation Institutions of South Africa] to develop a plan for building Water Boards’ capacity and readiness to provide a retail WSP function to WSAs if requested, informed by a capacity assessment of the Water Boards, by end July 2025,” the declaration read.

Non-revenue water programmes

Meanwhile, all WSAs and WSPs that have not yet established non-revenue water programmes, will be required to have these in place by May 2025.

These programmes should cover:

• Budgets for maintenance and for reducing leaks in water distribution systems;
• Ensuring that all reported leaks are fixed quickly;
• Closing illegal water connections;
• Replacing old leaking pipes, including asbestos pipes (which are a danger to health);
• Improving management of water systems (through pressure management for example); and
• Strengthening metering, billing, and revenue collection, including ensuring that billing systems are accurate.

All WSAs that have not yet ring-fenced revenues from the sale of water for the water function, will be required to bring resolutions to their Councils within six months. The DWS will facilitate provincial workshops with all WSAs in each province to develop a common understanding of “ring-fencing.”

“All WSAs to review their indigent registers and ensure the provision of free basic water to the indigent within two years. All other water users to be billed and revenue to be collected from all other users. DWS and the Water Partnerships Office to develop Green and Blue Bond financing mechanisms with the private sector, for implementation by Catchment Management Agencies and WSAs, starting immediately.”

In his weekly newsletter on Monday, President Cyril Ramaphosa said a well-functioning water and sanitation sector is not only a constitutional right and a pillar of development, but also a crucial factor in driving economic growth and job creation.

READ | Water and sanitation sector is a key cog in economic growth

President Ramaphosa underscored the importance of efficient water management in boosting investor confidence and ensuring sustainable development. – SAnews.gov.za

MIL OSI Africa –

April 1, 2025
MIL-OSI Global: Governments must ensure caregivers have support to keep doing their vital work

Source: The Conversation – Canada – By Heather Aldersey, Professor and Canada Research Chair (Disability Inclusive Development), Queen’s University, Ontario

People with disabilities and their families often have an even greater need for support over time, especially if a disability is progressive or family members experience their own health challenges. (Shutterstock)

April 1 marks National Caregivers Day in Canada. The day is meant to recognize the carers who provide vital care and support to those in need.

We all need care and support to navigate challenges in life. Help can come from formal support (paid professionals and government programs), and from natural support networks (family, friends and neighbours).

People with disabilities and their families often have an even greater need for support over time, especially if a disability is progressive or family members experience their own health challenges due to aging.

The Canadian Centre for Caregiving Excellence (CCCE) released its National Caregiving Strategy on Feb. 18, stating that caregiving is the next frontier in Canadian public policy. As the CCCE’s executive director, Liv Mendelsohn, said: “Millions of Canadians are navigating caregiving with minimal support, and it’s simply unacceptable.”

This article’s co-author, Donna Thomson, is a caregiver, author and educator. She is the mother of two grown children, one who has severe cerebral palsy and medical complexity. Thomson also helped care for her mother who lived with dementia until she passed away in the summer of 2018 at the age of 96.

Family caregivers often need support themselves in order to keep working both inside and outside of the home. Parents of adult children with developmental disabilities in Canada are hardly ever asked: “What do you do for your son or daughter that paid helpers cannot?” Even less often, that question might be followed by: “Wow, that’s a lot. Would you like some support to continue doing those things?”

With a federal election on the horizon, Canadians can call on their governments to improve support for caregivers.
(Shutterstock)

Importance of natural caregivers

Our research recognizes that both formal and informal supports are essential in enabling people with disabilities and their families to live their best lives. We want to understand how individuals, families, organizations and communities can best come together to get people with disabilities and their families the types of supports they need and want, when they need and want them.

Over the course of our research, we conducted a document and literature review, alongside interviews and focus groups with people with disabilities, family members and formal disability support providers. We identified that family or friend caregivers often support a person they care for with a sense of love and commitment to a depth that is rare in formal support relationships.

Unbound by professional obligations, safety standards or employer/funder priorities, these natural supporters can often be vocal advocates for the best interests of those they are supporting.

However, sometimes finding and sustaining natural support in the community doesn’t come easily for people with disabilities and their families. In those instances, organizations and facilitators (formal supports), can help broker the creation and maintenance of natural support networks.

Community organizations offering formal supports and supporting the creation and maintenance of natural supports can sometimes be beholden to funder obligations. This can limit the flexibility and adaptability required to best meet the needs of those they support.

Additionally, organizations are often constrained by safety considerations, aversion to risk or the challenges posed by overly bureaucratic systems. Sometimes, this can mean the support provided to a person or family does not directly respond to what the individual or family needs. Even more frustrating is that waiting times can be so long to access formal supports that identified needs or priorities change in the meantime.

Sometimes, finding and sustaining natural support in the community doesn’t come easily for people with disabilities and their families.
(Shutterstock)

CCCE’s caregiving strategy

The CCCE strategy is a recognition that care work makes all other work possible. It echoes our research findings that both paid and unpaid caregivers need financial support as well as targeted programs and services.

The strategy calls upon the Canadian government to make caregiving a priority while ensuring a sustainable care provider workforce.

Supports are also a provincial issue. For example, in Ontario, the Ministry for Children, Community and Social Services has published a framework that offers a long-term vision for transforming developmental services so people with developmental disabilities fully participate in their communities and are supported to live their lives.

Care and support can also be a gender issue, given that in Canada and around the world the majority of both formal and informal support is being provided by women and girls.

Missing perspectives

Our research also highlighted a notable gap in the research landscape. Research on natural support in Canada is often not explicit about or does not incorporate understandings of natural support from the perspectives of Indigenous, Black, rural, LGBTQ+ and other marginalized groups.

People belonging to these groups may have their own needs and experiences that relate to navigating natural and formal support systems in Canada. Future-focused research agendas into natural supports, such as those proposed in the CCCE strategy’s recommendations, must intentionally seek to understand support and care experiences from these perspectives.

At the Global Disability Summit taking place this week in Berlin from April 2-3, we will join voices from around the world to call on national leaders and decision-makers to ensure disability policies translate into tangible actions and inclusive practices.

Our research shows the deep, important impact of federal and provincial policy and funding both for formal and natural supports to flourish. With a federal election on the horizon, Canadians can call on their governments to improve support for caregivers, ensure support systems are in place and flexible enough to respond to individual and family needs, and enable natural support networks to flourish.

This is important, because the care we give to each other, regardless of age or ability, is what will sustain us as families.

This article was co-authored by Donna Thomson, a caregiver, author and educator.

Heather Aldersey receives funding from the Social Sciences and Humanities Research Council of Canada, Universities Canada, and the Mastercard Foundation.

– ref. Governments must ensure caregivers have support to keep doing their vital work – https://theconversation.com/governments-must-ensure-caregivers-have-support-to-keep-doing-their-vital-work-249829

MIL OSI – Global Reports –

April 1, 2025
MIL-OSI USA: Congressman Jackson condemns Trump’s attack on diversity in Europe

Source: United States House of Representatives – Representative Jonathan Jackson – Illinois (1st District)

As a member of the United States Congress and a lifelong advocate for civil rights and social justice, I strongly condemn the recent attempts by the U.S. administration to impose restrictions on diversity, equity, and inclusion (DEI) initiatives within European companies. These heavy-handed and misguided actions—threatening legal consequences for European firms that promote workplace inclusion—are not only a diplomatic affront but also an unlawful overreach that undermines global progress toward equality.

It is particularly disturbing to see these efforts unfold in the wake of the Supreme Court’s ruling in Students for Fair Admissions v. Harvard, which reaffirmed that diversity is a compelling interest of the United States government, particularly in our military and other institutions vital to national security. The decision recognized that diversity strengthens our armed forces, ensuring cohesion, readiness, and operational success. If DEI is essential to the strength of our military—the very institution charged with defending American democracy—then the same principles hold true across all sectors of our society and economy.

The current administration’s attempt to dismantle DEI programs through executive fiat contradicts established legal precedent and violates federal anti-discrimination laws. Title VII of the Civil Rights Act prohibits employment discrimination, and dismantling DEI initiatives aimed at ensuring compliance with these laws is, in itself, unlawful. These efforts are not just politically motivated; they are legally indefensible.

France’s forceful rejection of this overreach is commendable. French Foreign Trade Minister Laurent Saint-Martin and Gender Equality Minister Aurore Bergé have made it clear that their nation will not bow to pressure that runs counter to their values of inclusion and equal opportunity. The United States should take a lesson from its allies rather than attempt to export regressive policies that undermine human rights and economic advancement.

Let me be clear: attacks on DEI initiatives are not just attacks on progressive ideals—they are attacks on the very legal foundations of equal opportunity in the United States and abroad. These policies are not just moral imperatives; they are legal obligations. I call on my colleagues in Congress, the business community, and international leaders to resist these unlawful and counterproductive efforts. We must ensure that America leads by example in championing diversity, equity, and inclusion, rather than engaging in reckless policies that harm our standing in the world and violate our own laws.

MIL OSI USA News –

April 1, 2025

MIL-OSI: 2024 Earnings Report

Source: GlobeNewswire (MIL-OSI)

Continued recovery of margins and strong improvement in cash generation

Relevance of the selectivity strategy implemented in 2024, prioritizing margins

Another year of strong improvement in adjusted EBITDA margin: 7.5% in 2024, up 40 basis points compared to 2023
Slight increase in adjusted EBITDA to €75.1 million, despite the 5.8% decrease in revenue
Gradual recovery in net income, group share: -€15.8 million in 2024, compared with -€22.7 million in 2023
Net income, group share adjusted for amortization of customer relationships: -€6.0 million, compared with -€12.9 million in 2023

Sustained momentum for the Group’s profitable growth drivers

Confirmation of Germany’s strong potential: +33.6% growth, accretive adjusted EBITDA margin for the Group
Expansion of the Energy business: +28.5% growth, including +52.0% in France, driven by accelerated development in solar

Strong improvement in cash generation, solid financial position

Net free cash flow: €5.9 million, compared with -€17.0 million in 2023
Net bank debt: €0.8 million at the end of 2024
Bank debt successfully refinanced in November 2024 for €120 million

On track to meet 2026 targets

Tripling of revenue in Germany compared to 2023
Tripling of revenue in Energy in France compared to 2023
Adjusted EBITDA margin above 10% in the Group’s three main geographies: Benelux, France and Germany

Today, Solutions30 SE is announcing its consolidated earnings for the year ended December 31, 2024, prepared in accordance with IFRS. Solutions30’s 2024 consolidated financial statements as approved by the Management Board were examined by the Supervisory Board on March 31, 2025. The auditors, PKF Audit & Conseil, have completed their audit of the consolidated financial statements for the year ended December 31, 2024. The audit report relating to the certification of these statements as well as the Group’s consolidated financial statements for 2024 are available on the Solutions30 website (www.solutions30.com) under the “Investor Relations” section.

Gianbeppi Fortis, Chief Executive Officer of Solutions30, stated: “In 2024, we made the strategic choice to prioritize margin improvement over revenue growth, adopting a more selective approach in certain mature markets. This choice has paid off as, this year, we were once again able to significantly improve our margins and we even achieved a slight increase in our adjusted EBITDA, despite a decline in revenue. The German market, where we are now firmly established, has confirmed its strong potential. Increased infrastructure investment in Germany should further expand the range of opportunities available to us. Energy services also confirmed their status as a solid growth driver, particularly in France, where they accounted for almost 30% of our Q4 revenue, with excellent prospects, especially in renewable energy.
Following significant transformations in 2024, both in our organization and in our business portfolio, we are entering 2025 on a solid footing, with renewed confidence in the Group’s fundamentals. We have set a clear path for 2026, which we presented at our Capital Markets Day last September: tripling our revenue in Germany and in energy services in France, and achieving an adjusted EBITDA margin above 10% in our three main geographies. We are well on track to meet these ambitions.”

Key figures – Consolidated data

In millions of euros	2024	2023	Change
Revenue	996.0	1,057.0	(5.8)%
Adjusted EBITDA	75.1	74.6	0.7%
As a % of revenue (EBITDA margin)	*7.5%*	7.1%
Adjusted EBIT	28.4	22.6	25.6%
As a % of revenue	*2.9%*	2.1%
Operating income	0.6	(2.7)	n.a.
As a % of revenue	*0.1%*	(0.3)%
Net income, group share	(15.8)	(22.7)	n.a.
Adjusted net income, group share *	(6.0)	(12.9)	n.a.
Free cash flow	40.2	13.4
Free cash flow net	5.9	(17.0)

Financial position figures In millions of euros	31.12.2024	31.12.2023	Change
Equity	108.1	124.6	(16.5)
Net debt	73.8	78.4	(4.7)
Net bank debt	0.8	(5.7)	6.5

* Adjusted for amortization of customer relationships (group share) net of the associated tax impact – charge relating to past acquisitions, purely accounting in nature, with no cash impact, and unrelated to tangible assets.

Solutions30’s consolidated revenue for 2024 amounted to €996.0 million, down -5.8% compared to 2023. This includes an organic contraction of -6.4%, a +0.2% impact from acquisitions, and a +0.4% favorable exchange rate effect. It reflects the Group’s strategic orientations, aimed at giving greater priority to margins over revenue growth, in a context where it is currently operating in markets and business segments at different stages of maturity. Solutions30 chose to scale down its exposure to the telecommunications sector notably in France and in Spain, where certain contracts no longer met its profitability requirements. At the same time, the Group accelerated its development in its profitable growth drivers in Germany and in energy services.

Adjusted EBITDA amounted to €75.1 million, up +0.7% on 2023, despite lower revenue, reflecting a further increase in adjusted EBITDA margin to 7.5% from 7.1% in 2023 (+40 basis points). This performance reflects the relevance of the selective strategy implemented by the Group in 2024.

Free cash flow reached €40.2 million, a clear €26.8 million improvement compared to 2023 (€13.4 million). This reflects a favorable trend in working capital, in a context where Solutions30 is increasingly and continuously focusing on profitability and cash generation. Net free cash flow, after repayment of lease liabilities and interest paid on these liabilities, turned positive in 2024, at €5.9 million, compared with a negative -€17.0 million in 2023.

As a result, the Group’s financial position remains very solid, with a cash position net of bank debt close to breakeven at the end of 2024 (-€0.8 million). In addition, all financing needs are fully covered by the successful refinancing of the Group’s bank debt in November 2024, for a total amount of €120 million.

Analysis by geographical segment

	2024	2023	Change
Benelux
Revenue	371.6	381.6	(2.6)%
Adjusted EBITDA	37.1	43.6	(14.9)%
Adjusted EBITDA margin %	10.0%	11.4%	(140 bps)
France
Revenue	360.8	403.3	(10.5)%
Adjusted EBITDA	34.1	35.5	(3.9)%
Adjusted EBITDA margin %	9.5%	8.8%	+70bp
Other Countries
Revenue	263.6	272.1	(3.1)%
Adjusted EBITDA	16.3	5.5	+196.4%
Adjusted EBITDA margin %	6.2%	2.0%	‘+420bp
HQ*	(12.4)	(10.0)	24%
Revenue	996.0	1,057.0	(5.8)%
Adjusted EBITDA	75.1	74.6	+0.7%
*Adjusted EBITDA margin %*	7.5%	7.1%	+40 bps

* Costs related to the Group’s centralized functions

Benelux

In the Benelux, the Group’s leading geography in terms of revenue, revenue amounted to €371.6 million in 2024, down slightly by -2.6% (-2.8% organic) from a very high comparison basis (+72% in 2023). This decline is due to the Connectivity business (2024 revenue of €282.2 million, down -7.2%), as the fiber-optic roll-out in Belgium has been slowed by negotiations between service providers aimed at streamlining their roll-out operations nationwide. In addition, the merger between Proximus and Fiberklaar is prompting the adaptation of the Group’s operational processes.

Energy revenue reached €64.8 million, up +11.6%, driven by the roll-out of smart meters and strong momentum in energy transition support services, notably with the entry into production of the contract to modernize over 1,000 km of low-voltage electricity network in Flanders. In addition, the acquisition of Xperal in September 2024 opens up new prospects in the solar sector in Benelux.

Lastly, Technology activities maintained their strong momentum, with revenue up by +27.6% to €24.5 million, driven notably by the launch of a new IT support contract in the fourth quarter.

The Benelux’s adjusted EBITDA margin remained in double-digit territory throughout the year at 10.0%, demonstrating the Group’s ability to effectively adapt its processes and organization to the temporary slowdown in the Connectivity business. Adjusted EBITDA thus amounted to €37.1 million in 2024.

France

In France, revenue amounted to €360.8 million, down -10.5% (-11.0% organic). Revenue from the Connectivity business contracted by -26.9% to €208.8 million, reflecting the selective measures implemented since the second quarter to improve margins. This has led the Group to significantly reduce its exposure to certain contracts that were no longer meeting its profitability requirements, with an impact compounded by the slow-down in the fiber roll-out market since the beginning of the year.

In 2024, Solutions30 successfully continued to expand its Energy business, achieving sustained growth of +52.0% to reach revenue of €78.4 million, or 22% of the total (almost 30% in the fourth quarter). In the photovoltaic sector, the Group benefits from a highly dynamic market and a leading position. The Energy business thus represents a strategic diversification lever for the Group in France, with the ambition of reaching €150 million in revenue from this segment by 2026.

In the Technology business, revenue amounted to €73.6 million, up +11%, driven by a surge in activity linked to the 2024 Olympics and continued momentum in IT support services.

France’s adjusted EBITDA margin stood at 9.5%, up 70 basis points compared to 2023. This increase results from the increased selectivity strategy implemented in the Connectivity business, which prioritizes margin improvement over revenue growth. It also reflects the ramp-up of the Energy business and the associated scale effects, as well as ongoing efforts to streamline the organization and central functions.

Other Countries

In Other Countries, revenue amounted to €263.6 million, down -3.1%. This trend includes an organic contraction of -4.5% partially offset by a positive currency effect of +1.4%, reflecting the appreciation of the zloty and the pound sterling against the euro during the period.

With revenue up +33.6% to €84.4 million, Germany confirms in 2024 its status as a powerful growth driver and the Group’s future third pillar in Europe, alongside Benelux and France. Leveraging strong relationships with Germany’s six main telecom service providers, Solutions30 is successfully replicating its business model in this market whose exceptional potential continues to materialize, supported by the accelerated roll-out of fiber networks, and strong future investment momentum in infrastructure in general.

In Poland, strong growth continues, reaching +18.0% in 2024. In Italy, the agreement reached with the main telecom client has effectively eliminated the associated risk, allowed business to return to normal as of the third quarter, with progressively improving economic conditions expected over the first half of 2025. Revenue was down -16.0% for the year, but returned to growth in the fourth quarter. In Spain, where revenue contracted by -34.2%, the Group has considerably reduced its exposure to the mature telecoms market, and is restructuring its Connectivity business while refocusing on the Energy and Technology businesses. Finally, in the United Kingdom, revenue was down -23.3%, reflecting increased selectivity and a refocusing on the fiber and energy services markets.

Adjusted EBITDA in Other Countries stood at €16.3 million, three times its 2023 level (€5.5 million). The adjusted EBITDA margin was 6.2%, compared with 2.0% in 2023. This significant improvement reflects Germany’s solid performance. It also results from the return to breakeven in Italy, after the losses recorded in 2023, as well as the initial progress made in the United Kingdom.

Consolidated earnings

On the basis of adjusted EBITDA of €75.1 million for 2024, after accounting for depreciation and operational of €14.9 million (compared to €22.8 million in 2023), and after amortization of the right-of-use assets (IFRS 16) amounting to €31.8 million (€29.2 million in 2023), the Group’s adjusted EBIT stood at €28.4 million, up +25.6% compared to 2023, representing 2.9% of full-year revenue (2.1% in 2023).

Operating income returned to positive territory in 2024, reaching €0.6 million, compared with a loss of -€2.7 million in 2023. It includes:

€13.4 million in net non-current operating expenses. These expenses mainly include restructuring costs, reflecting the measures taken by the Group to support the selective downsizing in certain markets and to optimize its organizational structure accordingly, particularly in Spain, the United Kingdom, and France.
€14.5 million in amortization of customer relationships, stable compared to 2023. This charge, relating to past acquisitions, is purely accounting in nature, with no impact on cash flow, and does not relate to tangible assets.

Net financial income was -€14.7 million, compared with -€13.1 million in 2023. It includes a bank interest charge of -€7.2 million, compared with -€5.4 million in 2023, mainly reflecting a higher average drawdown in 2024, and interest on leases (IFRS 16) of -€3.2 million (-€1.7 million in 2023). It also includes, in 2024, non-cash income of €1.1 million, linked to the downward adjustment of earn-out liabilities from past acquisitions (compared with a -€0.8 million charge in 2023).

After accounting for a net tax expense of -€1.4 million, the Group’s share of So-Tec’s income (equity-accounted) for €0.4 million, and deducting minority interests of €0.7 million, Net income group share amounted to -€15.8 million, a considerable improvement compared to 2023 (-€22.7 million). Adjusted for the amortization of customer relationships net of the related tax impact, Adjusted net income Group share – which strictly reflects the Group’s operating performance – amounted to -€6.0 million, compared with -€12.9 million in 2023.

Cash flow

The Group’s 2024 operating cash flow was €56.6 million. The change in working capital, restated for non-cash items, represents an inflow of €1.6 million, compared with an outflow of -€26.2 million in 2023. In addition to the impact from the decrease in revenue, this sharp improvement reflects the Group’s evolving business profile, as well as the enhanced focus on cash generation, with favorable trends in average customer payment terms and advance payment flows. The change in working capital includes a significant reduction in factoring of -€40.5 million, due to a lower volume of receivables in France as a result of the aforementioned decrease in activity, as well as favorable payment terms in Germany. As a result, net cash flow from operating activities rose sharply in 2024, to €58.2 million, compared to €34.1 million in 2023.

Net investments amounted to €18.0 million, or -1.8% of revenue, in line with their normative levels of around 2%, and were mainly related to information systems and technical equipment. In particular, Solutions30 relies on its proprietary IT platform, Smartfix, as a strategic tool to efficiently manage its large-scale operations. This platform accounts for the bulk of the Group’s annual investments.

Overall, free cash flow amounted to €40.2 million in 2024, a significant improvement over 2023 (€13.4 million). After repayment of lease liabilities and related interest (IFRS 16), amounting to -€34.3 million, net free cash flow turned positive in 2024, at €5.9 million, compared with -€17.0 million in 2023.

Taking into account -€3.5 million in earn-outs paid on past acquisitions, -€0.1 million in acquisitions made during the period, -€6.9 million in interest paid, -€14.3 million in net reimbursements of loans, -€1.9 million in debt issuance costs and the -€1.1 million impact of exchange rate fluctuations, the change in cash position was -€22.0 million.

Financial position

Solutions30 maintains a solid financial position, combining strong liquidity with a net financial debt of almost zero. At December 31, 2024, the Group’s gross cash position stood at €96.3 million, compared with €118.2 million at the end of December 2023. Gross bank debt amounted to €97.0 million, compared with €112.5 million at December 31, 2023, due to the repayment of loans during the year. As a result, the Group’s net bank debt was nearly breakeven, at €0.8 million at December 31, 2024, compared with a net cash position of €5.7 million at December 31, 2023.

This financial position is all the more solid given the significant reduction in receivables sold under the Group’s non-recourse factoring program, which amounted to €69 million as of December 31, 2024, compared to €109 million as of December 31, 2023. Factoring can finance working capital from recurring activities that have fully developed, at a very modest cost. This program, combined with a solid financial position, provides Solutions30 with the resources it needs to finance its growth strategy.

Including €68.8 million in lease liabilities (IFRS 16) and €4.1 million in potential financial debt linked to future earnouts and put options, the Group’s total net debt stood at €73.8 million at December 31, 2024, down slightly from €78.4 million at December 31, 2023.

In November 2024, Solutions30 completed the refinancing of its entire bank debt, for a total amount of €120 million, including an effective loan of €83 million and a loan commitment of €37 million to finance growth. This new facility, arranged with a syndicate of eight core relationship banks, strengthens the Group’s financial base and provides it with the resources needed to support its continued expansion, particularly in the energy sector. With a 7-year maturity, it also extends the debt maturity profile while maintaining a cost comparable to that of the previous debt.

Outlook

Following a year in which Solutions30’s selective strategy proved effective, the Group intends to continue prioritizing margins over volumes in its most mature markets, while allocating more resources to segments offering the strongest prospects for profitable growth, particularly in Germany and in energy services.

Confident in its positioning and ability to seize the numerous opportunities within its markets, the Group is fully committed to achieving its 2026 objectives, as presented at the Capital Markets Day held on September 26, 2024. These include achieving an adjusted EBITDA margin in excess of 10% in each of its three main geographies: Benelux, France, and Germany.

In the Benelux, the Group is confident it will be able to capitalize on its leading market position and return to growth during 2025.

In France, Energy Solutions revenue is set to triple compared with 2023, reaching €150 million in 2026. For Connectivity Solutions, the Group is focused on stabilizing its activity levels while applying strict contract selectivity.

In Germany, Solutions30 is targeting a first milestone in 2026, with revenue ranging between €150 million and €200 million. Germany should continue to grow faster than the rest of the Group, ultimately becoming one of its largest contributors. In the longer term, the country is set to benefit from strong investment momentum in infrastructure, which should translate into numerous growth opportunities for Solutions30, not only in fiber optics, but also in Energy (smart grids, solar power, energy storage, electric vehicle charging infrastructure, smart meters) and Technology (rail network signaling, Internet of Things) businesses.

In the rest of Europe, Solutions30 has adopted a portfolio management approach, aiming at sustaining Poland’s profitable growth, further improving performance in the UK, and either restoring margin in Italy and Spain by 2026 or initiating a strategic review in these two countries.

Webcast for Investors and Analysts

Date: Monday, March 31, 2025
6:30 PM (CET) – 5:30 PM (GMT)

Speakers:
Gianbeppi Fortis, Chief Executive Officer
Amaury Boilot, Group General Secretary

Connection details:

Webcast in French or English : https://channel.royalcast.com/solutions30-fr/#!/solutions30-fr/20250331_1

Upcoming Events

2025 Q1 Revenue Report – April 29, 2025 (after market close)
TPICAP Conference – Paris – May 15, 2025
Annual General Meeting – June 17, 2025
Portzamparc Mid & Small Caps Conference – June 19, 2025
2025 Half-year Results – September 17, 2025 (after market close)
2025 Q3 Revenue Report – November 5, 2025 (after market close)

About Solutions30 SE

Solutions30’s mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike, especially with regard to the digital transformation and the energy transition. With its network of more than 16,000 technicians, Solutions30 has completed over 65 million call-outs since its inception and led over 500 renewable energy projects with a combined maximum output surpassing 1800 MWp. Every day, Solutions30 is doing its part to build a more connected and sustainable world. Solutions30 has become an industry leader in Europe with operations in 10 countries: France, Italy, Germany, the Netherlands, Belgium, Luxembourg, Spain, Portugal, the United Kingdom, and Poland. The capital of Solutions30 SE consists of 107,127,984 shares, equal to the number of theoretical votes that can be exercised. Solutions30 SE is listed on the Euronext Paris exchange (ISIN FR0013379484- code S30). Indices : CAC Mid & Small | CAC Small | CAC Technology | Euro Stoxx Total Market Technology | Euronext Tech Croissance.
Visit our website to learn more: www.solutions30.com

Contact

Individual Shareholders:
actionnaires@solutions30.com – Tel: +33 1 86 86 00 63

Analysts/Investors:
investor.relations@solutions30.com

Press – Image 7 :
Charlotte Le Barbier – Tel: +33 6 78 37 27 60 – clebarbier@image7.fr

The Group uses financial indicators not defined by IFRS:

Profitability indicators and their components are key operational performance indicators used by the Group to monitor and evaluate its overall operating earnings and earnings by country.
Cash flow indicators are used by the Group to implement its investment and resource allocation strategy.

The non-IFRS financial indicators used are calculated as follows:

Organic growth includes the organic growth of acquired companies after they are acquired, which Solutions30 assumes they would not have experienced had they remained independent. In 2024, the Group’s organic growth included only the internal growth of its long-standing subsidiaries.

Adjusted EBITDA is the “operating margin” as reported in the Group’s financial statements.

Free cash flow corresponds to the net cash flow from operating activities minus the acquisitions of intangible assets and property, plant and equipment net of disposals.

Calculation of free cash flow:

In millions of euros	31.12.2024	31.12.2023
Net cash flow from operating activities	58.2	34.1
Acquisition of fixed assets, net	(18.6)	(21.4)
Disposal of non-current assets after tax	0.7	0.7
Free cash flow	40.2	13.4

Net free cash flow corresponds to free cash flow less “Repayment of lease liabilities” and “Interest paid on lease liabilities” as shown in the Group’s consolidated statement of cash flows.

Calculation of net free cash flow:

In millions of euros	31.12.2024	31.12.2023
*Free cash flow*	*40.2*	*13.4*
Repayment of lease liabilities	(31.1)	(28.7)
Interest paid on lease liabilities	(3.2)	(1.7)
Free cash flow net	5.9	(17.0)

Cash net of bank debt corresponds to “Cash and cash equivalents” as it appears in the Group’s financial statements from which is deducted “Loans from credit institutions, long-term” and “Short-term loans from credit institutions, lines of credit, and bank overdrafts” as they appear in note 10.2 of the Group’s annual financial statements.

Adjusted EBIT corresponds to operating income as shown in the Group’s financial statements, to which “Customer relationship amortization” and “Other non-current operating expenses” are added and from which “Other non-current operating income” is deducted.

Reconciliation between operating income and adjusted EBIT:

In millions of euros	31.12.2024	31.12.2023
Operating income	0.6	(2.7)
Customer relationship amortization	14.5	14.4
Other non-current operating income	(2.2)	(0.4)
Other non-current operating expenses	15.5	11.4
Adjusted EBIT	28.4	22.6
As a % of revenue	2.9 %	2.1 %

The adjusted group share of net income corresponds to the “Net income, group share” as shown in the group financial statements, to which is added “Amortization of customer relationships, group share” and from which is deducted the “Tax impact on amortization of customer relationships, group share.”

In millions of euros	31.12.2024	31.12.2023
*Net income, group share*	*(15.8)*	*(22.7)*
Amortization of customer relationships, group share	13.2	13.1
Tax impact on amortization of customer relationships, group share	(3.4)	(3.3)
Adjusted group share of net income	(6.0)	(12.9)

Net debt corresponds to “Debt, long-term,” “Debt, short-term,” and long- and short-term “Lease liabilities” as they appear in the Group’s financial statements from which “Cash and cash equivalents” as they appear in the Group’s financial statements are deducted.

Net debt/EBITDA ratio corresponds to “net debt” divided by annualized EBITDA.

Net debt-to-equity ratio corresponds to “net debt” divided by equity.

Net debt:

In millions of euros	31.12.2024	31.12.2023
Bank debt	97.0	112.5
Lease liabilities	68.8	76.4
Future liabilities from earnouts and put options	4.1	7.7
Cash and cash equivalents	(96.3)	(118.2)
Net debt	73.8	78.4

Operating margin (Adjusted EBITDA)	75.1	74.6
Net debt ratio	0.98	1.05

Equity	108.1	124.6
% of net debt	68.2 %	62.9 %

Net bank debt corresponds to “Long-term loans from credit institutions” and “Short-term loans from credit institutions, lines of credit, and bank overdrafts” as they appear in note 10.2 of the Group’s annual financial statements from which are deducted “Cash and cash equivalents” as they appear in the Group’s financial statements.

Net bank debt:

In millions of euros	31.12.2024	31.12.2023
Loans from credit institutions, long-term	74.3	75.6
Short-term loans from credit institutions and lines of credit	22.7	37.0
Gross bank debt	97.0	112.6
Cash and cash equivalents	(96.3)	(118.2)
Net bank debt	0.8	(5.7)
Cash net of bank debt	(0.8)	5.7

Gross bank debt corresponds to “Loans from credit institutions, long-term” and “Short-term loans from credit institutions, lines of credit, and bank overdrafts” as they appear in note 10.2 of the Group’s annual financial statements.

Working capital corresponds to “current assets” as reported in the Group’s financial statements (excluding “Cash and cash equivalents” and “Derivative financial instruments”) less “current liabilities” (excluding “Debt, short-term,” “Current provisions,” and “Lease liabilities”).

Working capital:

In millions of euros	31.12.2024	31.12.2023
Inventory and work in progress	24.7	25.7
Trade receivables and related accounts	219.5	211.6
Current contract assets	0.9	1.0
Other receivables	79.1	66.5
Prepaid expenses	6.1	3.1

	(171.7)	(200.1)
Trade payables	(143.4)	(120.8)
Tax and social security liabilities	(21.0)	(15.0)
Other current liabilities	(56.8)	(18.9)
Working capital	(62.6)	(46.9)

Change in working capital	(15.6)	17.7
Non-monetary items	14.0	8.5
Change in working capital adjusted for non-monetary items	(1.6)	26.2

Net investments correspond to the sum of the lines “Acquisition of current assets,”
“Acquisition of non-current financial assets,” and “Disposal of non-current assets after tax” as they appear in the consolidated statement of cash flows.
Net investments:

In millions of euros	31.12.2024	31.12.2023
Acquisition of non-current assets	(18.2)	(21.6)
Acquisition of non-current financial assets	(0.4)	0.2
Disposal of non-current assets after tax	0.7	0.7
Net investments	(17.9)	(20.7)

Operating costs correspond to costs incurred for the Group’s operations, included in the “operating margin” (excluding structural costs).

Structural costs correspond to costs incurred by the Group’s head office functions in various countries, included in the “operating margin” (excluding operating costs).

Expenses related to the Group’s centralized functions refer to costs incurred by the parent company’s headquarters functions and are included in the “operating margin.”

Attachment

PR 2024 Earnings Report 31032025

The MIL Network –

April 1, 2025

MIL-OSI: XDY Exchange Sets New Standard for Digital Asset Trading with Cutting-Edge Features

Source: GlobeNewswire (MIL-OSI)

Phoenix, AZ, March 31, 2025 (GLOBE NEWSWIRE) — XDY Exchange has unveiled a range of cutting-edge features that promise to redefine the digital asset trading experience. With an emphasis on robust security, advanced analytics, and enhanced user interface design, these improvements solidify XDY Exchange’s commitment to providing a world-class platform for users across the globe. As the digital asset market continues to evolve, XDY Exchange leads the way by ensuring that traders have access to the latest technologies for both security and ease of use.

Strengthening Security with Industry-Leading Measures

XDY Exchange places a strong emphasis on safeguarding users’ funds and personal information. In line with industry best practices, the platform has introduced multi-layered security protocols, including real-time transaction monitoring and an upgraded encryption framework. Each user’s funds are stored securely in cold wallets, away from potential online threats, while the platform’s robust risk detection system ensures that suspicious activities are flagged in real-time.

Additionally, XDY Exchange has enhanced its two-factor authentication (2FA) and multi-signature wallet technologies, providing extra layers of protection. These security features are designed to protect user accounts and digital assets from unauthorized access, ensuring that transactions are safe, even in the event of cyber-attacks.

Seamless User Experience with Intuitive Design

XDY Exchange’s redesigned user interface aims to streamline the trading experience for both novice and experienced traders. The platform now offers an intuitive and responsive design, making it easy to navigate between accounts, view transaction history, and place orders. Traders can access their accounts from a variety of devices, whether on desktop or mobile, without compromising performance or functionality.

In addition to its user-friendly interface, XDY Exchange has integrated powerful analytics tools to help users make informed decisions. With access to real-time market data, price alerts, and automated trading features, traders can now act swiftly to seize opportunities in the fast-paced digital asset market. These features are designed to enhance trading efficiency, providing users with the tools needed to navigate the complexities of digital asset markets confidently.

Global Accessibility and Multicurrency Support

XDY Exchange’s global expansion strategy includes significant improvements in its international reach. The platform now supports a wide range of fiat currencies and digital assets, offering users a truly global trading experience. With localized versions of the platform available in multiple languages, users from different regions can engage with the platform in their preferred language.

Furthermore, XDY Exchange has lowered transaction fees and improved its cross-border transaction capabilities, enabling seamless transfers between different currencies and regions. This global accessibility positions the exchange as a key player in the expansion of the digital asset market, particularly in emerging economies where access to traditional financial systems may be limited.

Innovative Solutions for the Future of Digital Asset Trading

As the market continues to evolve, XDY Exchange is constantly innovating to stay ahead of industry trends. The platform is exploring the integration of decentralized finance (DeFi) services and looking into the development of more scalable blockchain solutions to handle increasing demand. Furthermore, XDY Exchange is committed to adhering to global regulatory standards, ensuring that its operations remain compliant and transparent as the regulatory landscape shifts.

Conclusion

XDY Exchange continues to set new standards for the digital asset trading industry. With its focus on security, user experience, and global accessibility, the platform is positioning itself as a leading provider of digital asset trading solutions. As the platform expands its offerings and incorporates the latest technological advancements, XDY Exchange is committed to providing traders with a secure, efficient, and user-friendly environment for all their digital asset needs.

https://xdycoinsite.com/

The MIL Network –

April 1, 2025
MIL-OSI: Momentum launches new DEX on Sui with major trading competition
Source: GlobeNewswire (MIL-OSI)

SAN FRANCISCO, March 31, 2025 (GLOBE NEWSWIRE) — Momentum has emerged from stealth mode to launch the world’s first ve(3,3) decentralized exchange (DEX) combined with a token launch platform on the Sui blockchain.

Inspired by the success of Aerodrome and purpose-built to turbocharge the growth of Sui, Momentum’s ve(3,3) DEX will leverage the $500M total value locked (TVL) in Momentum’s multi-signature liquidity layer to drive the next wave of DeFi innovation and user adoption. Trading is now live on https://app.mmt.finance/, with greater volume and liquidity set to coincide with the launch of an upcoming LFG Ramp-Up Liquidity Phase and WAGMI Trading Competition. (details below).

Unlike traditional DEX models that prioritize liquidity providers, the ve(3,3) tokenomics model ensures perfect alignment among all stakeholders – liquidity providers, traders, and protocols – by structuring incentives so that 100% of emissions, trading fees, and rewards flow directly to Momentum users creating a flywheel effect.

“We believe Sui is now entering a hyperbolic growth phase driven by BTCFi,” says Momentum CEO and co-founder ChefWEN (@ChefMMT_X), a founding engineer of Meta’s Libra project. “Momentum is excited to kick off the new phase of DeFi on Sui. Traders and liquidity providers will soon gain access to the lowest fees and highest APRs, powered by the ve(3,3) liquidity model.”

The ve(3,3) system was created to align incentives so that all participants benefit:
- Protocols boost liquidity and optimize APR by offering token incentives
- Voters receive 100% of trading fees and bribes
- Liquidity providers earn 100% of MMT emissions
- Traders enjoy lower trading fees and reduced slippage
Positioned as a cornerstone Sui ecosystem public good, Momentum’s launch of the ve(3,3) DEX will make on-chain trading more accessible to traders, retail investors, and institutions seeking deeper liquidity, less slippage and lower fees for superior user experience.

Sui’s on-chain TVL has soared to over $2.08 billion between December 1, 2023, and January 5, 2025 — reflecting an impressive 1,261% growth in just 13 months. This explosive momentum is supported by a growing ecosystem of stablecoin integrations, including Agora USD (AUSD), First Digital USD (FDUSD), and Ondo Finance (USDY). Notably, Momentum is responsible for minting 100% of the supply for these stablecoins on the Sui blockchain, positioning it as a key infrastructure player. As DeFi on Sui accelerates, Momentum is poised to lead the next wave of adoption and liquidity expansion across the ecosystem.

To accelerate the DEX debut, the LFG Ramp-Up Liquidity Phase launches on 31 Mar with a target of $50M TVL, followed by a 12 weeks WAGMI Trading Competition. Backed by key liquidity providers from Momentum’s investor networks, as well as protocols integrated with Momentum’s multi-sig solutions, the competition will reward early adopters with veMMT based on trading volume and liquidity provisioning ahead of the Token Generation Event (TGE).

Over the past two years, Momentum has forged deep ties with Sui ecosystem partners, collaborating with the Sui Foundation, Agora Finance, AlphaFi, Bluefin, Bucket Protocol, Cetus Protocol, First Digital, Navi Protocol, Ondo Finance, Scallop, SpringSui, Suilend, Turbos Finance, Volo and more.

In a recent strategic funding round led by Varys Capital, Momentum received support from well known institutional investors bringing the total raise to $10M, among them Coinbase Ventures, Circle Ventures, Sui Foundation, Aptos Foundation, Gate Ventures, Amber Group, Selini Capital, Jump, Arcanum Capital, WAGMI Ventures, DeWhales, MonkeVentures and Mysten Labs’ cofounder Adeniyi Abiodun.

“The Sui ecosystem is at an inflection point, and we see Momentum as a key player in pushing its adoption forward,” said Darius Askaripour, Managing Partner at Varys Capital. “Their work is building the foundation for transparent liquidity mechanisms, allowing markets to be more accessible and fluid, and we’re thrilled to support them in this journey.”

Varys Capital’s latest fund is backed by MBS Global, the family office for H.H. Sheikh Nayef Bin Eid Al Thani of Qatar’s ruling royal family, and Aquanow Ventures, Canada’s most prominent digital integration provider.

About Momentum

Momentum is the leading Move Central Liquidity Engine with solutions including Multi-Sig Treasury Management, Token Vesting, and Liquidity Provisioning. With over 35,000 active wallets, $500M in Total Value Locked (TVL), and $1.8B in Transaction Volume, Momentum is set to redefine the landscape with the launch of the first Move ve(3,3) DEX. Momentum was co-founded by ChefWEN (@ChefMMT_X), one of the founding engineers contributing to the Libra project at Meta.

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences.

For more information about Sui, please visit https://sui.io.

For more information about Momentum, visit: Website | X | Linkedin | Telegram

For media inquiries, please contact: team@mmt.finace and media@sui.io.

Disclaimer: This press release is provided by Momentum. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2395ab7f-3801-4ed8-95ee-a72bda67d298

The MIL Network –
April 1, 2025

MIL-OSI: COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 24, 2025 to March 28, 2025

Source: GlobeNewswire (MIL-OSI)

COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 24, 2025 to March 28, 2025

Paris, 31 March 2025 – 17.45

Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse¹

The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

Trading session of (Date)	Number of shares	Weighted average price	Gross amount	MIC Code	Purpose of buyback
24/03/2025	9,000	17,7382 €	159 644 €	XPAR	LTIP
25/03/2025	9,000	17,7627 €	159 864 €	XPAR	LTIP
26/03/2025	9,000	17,9450 €	161 505 €	XPAR	LTIP
27/03/2025	9,000	17,7907 €	160 116 €	XPAR	LTIP
28/03/2025	9,000	17,7977 €	160 179 €	XPAR	LTIP
Total 24/03/2025 – 28/03/2025	45 000	17,8068 €	801 308 €		LTIP

CONTACTS

ANALYSTS / INVESTORS
Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

FINANCIAL CALENDAR 2025
(subject to change)

Q1-2025 results: 5 May 2025 (after market close)
Annual General Shareholders’ Meeting: 14 May 2025
H1-2025 results: 31 July 2025 (after market close)
9M-2025 results: 3 November 2025 (after market close)

FINANCIAL INFORMATION
This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
You can check the authenticity on the website www.wiztrust.com.

COFACE: FOR TRADE
As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

www.coface.com

COFACE SA is listed in Compartment A of Euronext Paris
ISIN: FR0010667147 / Ticker: COFA

1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

Attachment

2025 03 31 – Declaration – Own shares transaction

The MIL Network –

April 1, 2025

MIL-OSI: WithSecure Corporation: SHARE REPURCHASE 31.3.2025

Source: GlobeNewswire (MIL-OSI)

WithSecure Corporation, STOCK EXCHANGE RELEASE, 31 March 2025 at 6.30 PM (EET)


WithSecure Corporation: SHARE REPURCHASE 31.3.2025

In the Helsinki Stock Exchange

Trade date	31.3.2025
Bourse trade	Buy
Share	WITH
Amount	10 000	Shares
Average price/ share	0,9197	EUR
Total cost	9 197,00	EUR


WithSecure Corporation now holds a total of 296 890 shares
including the shares repurchased on 31.3.2025

The share buybacks are executed in compliance with Regulation
No. 596/2014 of the European Parliament and Council (MAR) Article 5
and the Commission Delegated Regulation (EU) 2016/1052.


On behalf of Withsecure Corporation

Nordea Bank Oyj

Janne Sarvikivi	Sami Huttunen


Contact information:
Laura Viita
Vice President Controlling, Investor relations and Sustainability
WithSecure Corporation
Tel. +358 50 4871044
Investor-relations@withsecure.com

Attachment

WithSecure 31.3.2025

The MIL Network –

April 1, 2025

MIL-OSI Canada: Sask Parks Online Campsite Reservations Open April 7
Source: Government of Canada regional news

Released on March 31, 2025

Campers are one step closer to an amazing summer as Saskatchewan Provincial Parks online reservations open at 7 a.m. CST on April 7 for seasonal campsites and April 8 to 15 for nightly campsites, Camp-Easy yurts, group campsites, day use facilities and swimming lessons.

“Camping is a wonderful option for people who want an affordable summer vacation and to enjoy time in nature,” Parks, Culture and Sport Minister Alana Ross said. “As camping grows in popularity, our provincial parks are ready to meet the demand with more campsites, new events and expanded programming.”

This season, two Camp-Easy yurts have been added to Rowan’s Ravine Provincial Park. In addition, 63 seasonal sites have been added across Buffalo Pound, Candle Lake, Crooked Lake, Great Blue Heron, Makwa and Meadow Lake Provincial Parks.

New events will debut this year including Festival in the Forest at Meadow Lake, Prairie Day at Buffalo Pound and new guided hiking events such as Hike the Heights at Cypress Hills and Into the Pines at Candle Lake. Returning favourites include Canada Day and Summer Cinema in parks around the province and Back in the Boreal at Meadow Lake, Trade Days at Fort Carlton, Cannington Fair at Cannington Manor and Cabin Fever Art Festival at Moose Mountain.

Campers are encouraged to set-up or log-in to their online account on the Sask Parks reservation website in advance, so they can quickly identify their favourite campsites and start planning their trip ahead of reservation launch day.

Campers are reminded there is a queuing system in place and they need to refresh the page at 7 a.m. CST to be placed in the queue or pushed through to make a reservation on launch days.

Campers can purchase an annual, weekly or daily entry permit online or in the park upon arrival. A full list of fees is available on the Sask Parks reservation website.

The complete reservation schedule for 2025 is as follows:

Seasonal campsites:
- April 7: All parks with seasonal camp sites available.
Nightly, day-use facilities, Camp-Easy yurt and group campsites:
- April 8: Candle Lake, Good Spirit Lake, Meadow Lake, Saskatchewan Landing;
- April 9: Break;
- April 10: Buffalo Pound, Bronson Forest, Duck Mountain, Moose Mountain, Porcupine Hills;
- April 11: Danielson, Great Blue Heron, Greenwater Lake, Rowan’s Ravine, The Battlefords;
- April 14: Douglas, Echo Valley, Makwa Lake, Narrow Hills, Pike Lake; and
- April 15: Blackstrap, Fort Carlton, Crooked Lake, Cypress Hills, Lac La Ronge.
To learn more about Saskatchewan’s Provincial Parks, please visit: SaskParks.com.

-30-

For more information, contact:

MIL OSI Canada News –
April 1, 2025
MIL-OSI Russia: Working visit of Alexey Overchuk to China

Translartion. Region: Russians Fedetion –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

On March 27–28, Deputy Prime Minister of the Russian Federation Alexey Overchuk paid a working visit to the People’s Republic of China (Hainan Island), heading the Russian delegation at the annual Boao Forum for Asia.

During his speech at the session “Creating favorable conditions for peaceful development and ensuring overall economic security,” the Deputy Prime Minister spoke in detail about the creation of international partnerships aimed at forming a reliable basis for sustainable economic growth in the Eurasian region, including the construction of transport and logistics systems and an independent payment infrastructure.

Alexey Overchuk spoke about the initiative of the Greater Eurasian Partnership, put forward by Russian President Vladimir Putin, which implies the interconnectedness of the economies of Eurasia and is based on the idea of economic security and integration.

The Deputy Prime Minister noted that the Northern Eurasia macro-region serves as an example of multi-level economic integration, where such associations as the Union State of Russia and Belarus, the Eurasian Economic Union, and the Commonwealth of Independent States operate.

At the same time, in Asia there is the Chinese initiative “One Belt, One Road”, ASEAN, the Organization of the Gulf States and other organizations that unite the countries and regions of the global South. Many countries of Asia and Eurasia, including the three largest economies of the continent – China, India and Russia, participate in the Shanghai Cooperation Organization and BRICS. Russia and China are also members of APEC.

The Deputy Prime Minister stressed that the unification of these multilateral efforts will lead to the creation of the impetus needed to build a more sustainable future and socio-economic progress, develop and implement new technologies, increase economic connectivity, and strengthen intercultural communication in Eurasia.

During the visit, the Deputy Prime Minister held talks with Vice Premier of the State Council of the People’s Republic of China Ding Xuexiang. During the conversation, it was noted that further development of strategic partnership in all sectors of the economy meets the interests of both countries. The trusting dialogue between the leaders of the two countries, Vladimir Putin and Xi Jinping, plays a decisive role in the development of Russian-Chinese cooperation. Mutual high-level visits are planned for the spring-autumn of 2025, timed to coincide with the celebrations of the 80th anniversary of Victory in World War II.

Alexey Overchuk emphasized that Russia is ready to jointly implement the agreements reached by the heads of the two states and continuously deepen Russian-Chinese relations of comprehensive partnership and strategic interaction.

“Russia and China need to expand trade relations, scientific and technical cooperation, and create new production and cooperation chains,” said the Deputy Prime Minister.

During the talks, it was noted that China remains Russia’s main foreign trade partner. By the end of 2024, mutual trade approached the $245 billion mark. Over 95% of bilateral settlements are conducted in rubles and yuan.

The parties are implementing joint projects in industry, energy, high technology, space, transport, automotive engineering and other sectors.

Cultural and humanitarian ties are actively developing. The countries’ mutual interest in each other’s history, culture and traditions is high and continues to grow. The cross-cultural years of Russia and China are being held successfully, more than half of the 230 events of the Russian part have been held.

Alexey Overchuk also invited representatives of the leadership and business community of the PRC to take part in international economic forums held in Russia – the St. Petersburg International Economic Forum in June and the Eastern Economic Forum in Vladivostok in September 2025.

Vice Premier of the State Council of the People’s Republic of China Ding Xuexiang stressed that relations between China and Russia have become a model of cooperation between major neighboring powers, stating that Beijing, together with Moscow, is ready, in line with the important agreements reached by the heads of state of the two countries, to deepen political contacts and strengthen practical cooperation for the benefit of the peoples of the two countries.

On the sidelines of the forum, Alexey Overchuk held talks with the Chairman of the Provisional Government of the People’s Republic of Bangladesh Muhammad Yunus. During the meeting, it was noted that the countries are striving to strengthen friendly relations and develop trade and economic ties on a mutually beneficial basis. According to the results of 2024, mutual trade between Russia and Bangladesh amounted to 2.66 billion dollars.

The parties discussed issues of cooperation in the fields of industry, energy, food security, and the cultural and humanitarian sphere. The Deputy Prime Minister noted the need to continue work to expand the regulatory framework for bilateral cooperation, emphasizing the importance of activating the format of the Russian-Bangladesh Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation for the development of bilateral relations.

During the Russian-Pakistani meeting, which also took place on the sidelines of the forum, Deputy Prime Minister Alexey Overchuk and Minister of Finance of the Islamic Republic of Pakistan Muhammad Aurangzeb considered priority issues on the bilateral agenda, including cooperation in energy and food security.

The parties noted the active development of Russian-Pakistani cooperation. In 2024, a series of mutual visits took place between governments and parliaments.

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 –

April 1, 2025
MIL-OSI Russia: Lectures on the “star” graduating class of 1885 were held at SPbGASU

Translartion. Region: Russians Fedetion –

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

Within the framework of the V National (All-Russian) scientific and practical conference with international participation “Reconstruction and restoration of architectural heritage” (RRAN-2025), a lecture block “On the 140th anniversary of the “star graduation” was held. Its initiators were Associate Professor of the Department of Urban Development of SPbGASU, PhD in Architecture Svetlana Levoshko, PhD in Philosophy, independent researcher Elena Travina and Director of the Historical and Information Center of SPbGASU Elena Klimenko.

The reason to celebrate this date is truly loud: in 1885, the Institute of Civil Engineers (IGI, now SPbGASU) graduated a galaxy of architects and engineers who became world-class professionals and made a huge contribution to the development of our country. Among them are the director of IGI, architect, statesman Vasily Kosyakov (1862-1921), civil engineer Gavriil Baranovsky (1860-1920), architect Nikolay Sokolov (1859-1906). As the researchers who spoke emphasized, new details are still being revealed in the biographies and professional activities of these outstanding individuals.

Professor of the Department of Urban Development of SPbGASU Sergey Semenov called holding such meetings a good idea, since the accumulation and preservation of information is of great value. It is no coincidence that during the Great Patriotic War, the Nazi troops primarily sought to destroy museums, libraries and educational institutions, including our university.

“Graduates who have become outstanding engineers and architects confirm the highest level of training of specialists at our university at all times. The basic knowledge base was mastered by students even with low academic performance. Thus, Mikhail Eisenstein, the father of the famous director, worked as the chief architect of Riga and built several streets, some buildings of which are recognized as cultural heritage sites. The best graduates are a good example for students,” noted Sergey Semenov.

Moderator of the lecture block Svetlana Levoshko clarified that the discussion will be about “star” graduates who have made a great contribution to the development of the industry and the country.

The Kosyakovs’ example: talent and hard work lead to success

Doctor of Art History, Academician of the Russian Academy of Arts, Professor of the Faculty of Arts of Moscow State University, graduate of the Leningrad Institute of Civil Engineering (now St. Petersburg State University of Architecture and Civil Engineering) in 1983. Sergei Savelyev initially wrote three books about Nikolai Vladimirovich Sultanov (1850–1908), Director of the Institute of Civil Engineers (1895–1903), Russian architect, civil engineer, art historian and architectural historian, restorer, teacher, and full member of the Imperial Academy of Arts.

“Vasily Antonovich Kosyakov was a student of Nikolay Vladimirovich Sultanov and a graduate of the IGI architectural and construction school, the largest in Europe at the time, comparable to German and French schools. Only thanks to such a powerful school did Kosyakov develop into a major architect and statesman: he was an elected director of the IGI and held many other posts, including a member of the economic administration of the Holy Synod. At the end of his life, he became an architect of the Imperial Court, that is, he reached heights in his professional service activities. This indicates that talented people had every opportunity for development in the Russian Empire. Vasily Kosyakov was of humble origin – his father was a master of the kitchen workshop, in other words, a cook. During his years of study at the IGI, Kosyakov wrote a petition for a scholarship and even received a certificate of poverty. In essence, a person who had neither a status nor a financial starting point, reached heights solely due to his talent and hard work. For today’s students, this is a great example,” noted Sergey Savelyev.

He added that Vasily Kosyakov is inseparable from the work of his two brothers Vladimir and Georgy. Georgy studied at the Academy of Arts, in the workshop of L. N. Benois and was an excellent artist, watercolourist, member of the society of architects and artists, artists of watercolour painting, participated in exhibitions. The ornamentation in Vasily Kosyakov’s projects appears precisely thanks to him. Their joint famous work of architecture is the Naval Cathedral in Kronstadt. Vladimir Kosyakov also studied at the IGI and was a remarkable architect and artist.

“The example of the Kosyakov brothers is relevant for today’s students: you need to do graphics, draw, despite the computer programs. Each of the brothers had a certain professional profile. Vasily could do everything: he is a universal specialist in organizing construction. Georgy is a master of watercolors, an architect and artist. Vladimir was also involved in organizing construction work, a school for foremen for construction work, that is, he worked as a foreman. The qualifications of builders at that time were at a very high level largely due to the fact that the architectural community took the training of construction workers into its own hands,” explained Sergei Savelyev.

He emphasized that the Kosyakovs’ theme is inexhaustible. In the course of the research, it is possible to discover more and more new materials, since their activity falls on the “silver age”: the heyday of Russian literature and fine arts, painting and architecture of the late 19th – early 20th centuries. And these people constituted one of the important pages of the IGI school. Many beautiful churches, public buildings, engineering structures were built. By 1917, the IGI architectural and construction school was on the rise. Today, it continues the traditions and serves as a magnificent foundation for new achievements.

Engineer Baranovsky and architect Sokolov

Elena Travina recalled that civil engineer Gavriil Vasilyevich Baranovsky (1860–1920) is known for his buildings, which became “postcard views” of St. Petersburg. His creative path began in 1881 in the building of the Construction School/Institute of Civil Engineers.

“The engineer made a decent career, having risen to the rank of actual state councilor and sitting on all sorts of commissions and committees. But what do we know about the man Gavriil Baranovsky: his family, youth, friends, hobbies? Over more than ten years of research, we managed to find photographs, documents, projects that were previously unknown and not introduced into scientific circulation. They allowed us to imagine the image of Baranovsky – a son, husband, father, friend, a man who completely devoted himself to his favorite business – architecture, but at the same time a versatile personality. His son characterized his father as a mathematician, philologist, artist, lawyer and philosopher. Without all this knowledge, Gavriil Baranovsky would not have been able to publish the magazine “Builder”, create the seven-volume “Architectural Encyclopedia of the Late 19th – Early 20th Century”, work on the legal subtleties of the Construction Code and write the philosophical treatise “World Matter and Its Derivatives. Geometric Manifestation of the Ontological Problem”, explained Elena Travina.

On July 30, 1920, his funeral service was held in the Dukhovskaya Church in the village of Kellomäki (now the village of Komarovo in the Kurortny District of St. Petersburg). In 2020, a cenotaph was erected in his memory at the local cemetery (designed by architect R. M. Dayanov).

Let us recall some of Baranovsky’s famous works: the Eliseev Brothers Trading Company building on Nevsky Prospect and the Moscow Eliseevsky store on Tverskaya (together with V. V. Voeikov and M. M. Peretyatkovich).

Doctor of Architecture, Associate Professor, Head of the Department of History of Architecture, Art and Architectural Restoration at the Southern Federal University Anna Ivanova-Ilyicheva spoke about the architect Nikolai Matveevich Sokolov (1859–1906). Sokolov worked as the chief architect of Rostov-on-Don and left behind a rich architectural heritage.

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 –

April 1, 2025
MIL-OSI USA: New England WSC Products in the First Quarter of 2025

Source: US Geological Survey

March 14, 2025

Model and Data Resources Supporting Water-Quality Modeling of Hydrologic Systems

This dataset provides detailed information on availability of model resources (including models and datasets) that support the modeling of six key water-quality constituents (or constituent categories) across the hydrologic system. In addition, resources associated with nine “cross-cutting” topics for modeling water quality are included, with “cross-cutting” defined herein as having…

March 11, 2025

Lidar-Derived Hydrography of Katahdin Woods and Waters National Monument, Maine, 2023

The U.S. Geological Survey (USGS), in cooperation with the U.S. National Park Service (NPS), has compiled a Geographic Information System (GIS) dataset. The spatial data layer provided in this data release is derived from high-resolution lidar digital elevation models (DEM’s) for the Katahdin Woods and Waters National Monument in Penobscot County, Maine. The data provided in this release…

March 4, 2025

Geochemical Data for Coal Wastes from Historic Anthracite Coal Mining in Pennsylvania, 2024

In addition to their potential for energy generation, coal and coal byproducts may be economically important resources if they are enriched in critical minerals such as rare earth elements or if their organic carbon can be converted to gas by stimulated microbial methanogenesis. Samples of coal refuse (culm) from a historic mine site in the anthracite region of Pennsylvania were…

February 4, 2025

Water-borne electromagnetic induction, handheld thermal infrared and sediment temperature, chemical, and pressure data collected at Hen Cove, Pocasset, Massachusetts, 2022

Groundwater discharge points to coastal waters can be identified and quantified using natural electrical and temperature data. In August 2022, U.S. Geological Survey (USGS) collected water-borne electromagnetic induction and temperature along selected transects within Hen Cove on Cape Cod, Massachusetts, following a spatial survey of bed sediment temperature. Handheld thermal infrared…

January 22, 2025

Vermont Flood of July 2023 Data

A major rain event caused catastrophic flooding from July 9 through 12, 2023, in various portions of the State of Vermont, resulting in millions of dollars of damage. The high amount of rainfall caused several rivers to peak at record levels, in some cases exceeding records set by Tropical Storm Irene in 2011. President Biden approved an Emergency Declaration for Vermont on July 11, 2023…

January 16, 2025

Compilation of surficial geology datasets for southern New England

The U.S. Geological Survey, in cooperation with the Federal Highway Administration (FHWA) and the Connecticut, Massachusetts, and Rhode Island Departments of Transportation (DOTs), gathered geospatial data to facilitate the development of a regional Stochastic Empirical Loading and Dilution Model (SELDM) application (Granato and others, 2023). As part of this study, the surficial geology…

February 20, 2025

Cancer risk and estimated lithium exposure in drinking groundwater in the US

Importance Lithium is a naturally occurring element in drinking water and is commonly used as a mood-stabilizing medication. Although clinical studies have reported associations between receiving lithium treatment and reduced cancer risk among patients with bipolar disorder, to our knowledge, the association between environmental lithium exposure and cancer risk has never been studied in…

Authors

Jiajun Luo, Liang Zheng, Zhihao Jin, Yuqing Yang, William I. Krakowka, Eric Hong, Melissa Lombard, Joseph D. Ayotte, Habibul Ahsan, Jayant M. Pinto, Briseis Aschebrook-Kilfoy

February 4, 2025

Streamflow, water quality, and constituent loads and yields, Scituate Reservoir drainage area, Rhode Island, water year 2022

As part of a long-term cooperative program to monitor water quality within the Scituate Reservoir drainage area, the U.S. Geological Survey, in cooperation with Providence Water (formerly the Providence Water Supply Board), collected streamflow and water-quality data in tributaries to the Scituate Reservoir, Rhode Island. Streamflow and concentrations of chloride and sodium estimated…

Authors

Kirk P. Smith, Alana B. Spaetzel

January 24, 2025

Groundwater flowpath characteristics drive variability in per- and polyfluoroalkyl substances (PFAS) loading across a stream-wetland system

Groundwater-dependent ecosystems in areas with industrial land use are at risk of exposure to a PFAS chemicals. We investigated one such system with several known PFAS source areas, where high and low permeability sediments (glacial) coupled with groundwater-lake and groundwater/surface-water interactions created complex ‘source to seep’ dynamics. Using heat-tracing and chemical methods…

Authors

David M. Rey, Martin A. Briggs, Andrea K. Tokranov, Hayley Gale Lind, Patrick Thomas Scordato, Ramona Iery, Henry Moore, L. Slater, Denis R. LeBlanc

January 15, 2025

Water supply in the conterminous United States, Alaska, Hawaii, and Puerto Rico, water years 2010–20

We present an assessment of water supply across the conterminous United States (CONUS), Alaska, Hawaii, and Puerto Rico covering water years 2010–20. Our analysis drew on two national hydrologic models, the National Hydrologic Model Precipitation-Runoff Modeling System and the Weather Research and Forecasting model hydrologic modeling system. Both models produced estimates of streamflow…

Authors

Galen Gorski, Edward G. Stets, Martha A. Scholl, James R. Degnan, John R. Mullaney, Amy E. Galanter, Anthony J. Martinez, Julie Padilla, Jacob H. LaFontaine, Hayley R. Corson-Dosch, Allen Shapiro

January 15, 2025

Status of water-quality conditions in the United States, 2010–20

Degradation of water quality can make water harmful or unusable for humans and ecosystems. Although many studies have assessed the effect of individual constituents or narrow suites of constituents on freshwater systems, no consistent, comprehensive assessment exists over the wide range of water-quality effects on water availability. Using published studies, data, and models completed at…

Authors

Melinda L. Erickson, Olivia L. Miller, Matthew J. Cashman, James R. Degnan, James E. Reddy, Anthony J. Martinez, Elmera Azadpour

January 15, 2025

The National integrated water availability assessment, water years 2010–20

Water availability is fundamentally important to human well-being, economic vitality, and ecosystem health. Because of its central importance, the U.S. Congress tasked the U.S. Geological Survey (USGS) and other Federal agencies with conducting regular, comprehensive assessments of water availability in the United States through the requirements under the SECURE Water Act. In response to…

Authors

Edward G. Stets, Althea A. Archer, James R. Degnan, Melinda L. Erickson, Galen Gorski, Laura Medalie, Martha A. Scholl

January 5, 2025

Automating physics-based models to estimate thermoelectric-power water use

Thermoelectric (TE) power plants withdraw more water than any other sector of water use in the United States and consume water at rates that can be significant especially in water-stressed regions. Historical TE water-use data have been inconsistent, incomplete, or discrepant, resulting in an increased research focus on improving the accuracy and availability of TE water-use data using…

Authors

Melissa A. Harris, Timothy H. Diehl, Lillian Gorman Sanisaca, Amy E. Galanter, Melissa Lombard, Kenneth Skinner, Catherine A. Chamberlin, Brendan A. McCarthy, Richard G. Niswonger, Jana Stewart, Kristen J. Valseth

MIL OSI USA News –

April 1, 2025
MIL-OSI: ServiceTrade Receives Bell Seal for Workplace Mental Health for Second Consecutive Year

Source: GlobeNewswire (MIL-OSI)

DURHAM, N.C., March 31, 2025 (GLOBE NEWSWIRE) — ServiceTrade, a leading software platform designed to optimize commercial service business operations for growth and profit, is thrilled to announce its recognition as a recipient of the 2025 Bell Seal for Workplace Mental Health by Mental Health America (MHA). This marks the second consecutive year the company has earned this honor. This prestigious award underscores ServiceTrade’s deep commitment to prioritizing employee well-being and fostering a mentally healthy work environment. This philosophy extends beyond its own team to the broader commercial service contracting industry.

ServiceTrade earned the Bell Seal at the Platinum level, joining a distinguished group of organizations dedicated to promoting mental health in the workplace. Since its inception in 2019, the Bell Seal has recognized hundreds of companies across a wide range of industries—including healthcare, government, nonprofit, and financial services—that have worked to improve their workplace cultures, policies, and practices based on employee feedback, benefiting millions of workers across the country.

A People-First Culture to Drive Industry Change

ServiceTrade’s focus on well-being stems from the company’s mission to support commercial contractors facing a growing shortage of skilled technicians. The ongoing skills gap presents a significant challenge for commercial mechanical, fire, and life safety contractors who rely on highly trained technicians. ServiceTrade’s software helps contractors streamline operations and create a supportive, technology-enabled work environment that helps retain their most valuable asset—their technicians.

“We understand that the success of our customers depends on the well-being and retention of their technicians,” said Amy Robertson, Chief People Officer of ServiceTrade. “By creating a positive, mentally healthy work environment at ServiceTrade, we’re investing in our team’s well-being and setting a standard for the contractors we serve. The Bell Seal reinforces a healthy workplace philosophy that provides work-life balance and opportunities to meet professional objectives and participate in collaborative teams, resulting in a thriving workforce. These values benefit not only ServiceTrade but also our customers and partners.”

ServiceTrade has surpassed the rigorous evaluation criteria set by Mental Health America in key areas to earn the Platinum level Bell Seal for Workplace Mental Health. It has demonstrated excellence in workplace culture, mental health benefits, caring beyond compliance, and holistic wellness at work. ServiceTrade’s strategic focus on promoting employees’ well-being, fostering supportive management, implementing fair personnel procedures, and supporting professional development was instrumental in achieving this recognition.

Want to learn more about the ServiceTrade culture? Visit the links below:

About ServiceTrade

ServiceTrade, Inc. is a software platform for commercial mechanical, fire, and life safety contractors. During a chronic skilled labor shortage, ServiceTrade helps commercial contractors increase profit by improving service and project operations, increasing technician productivity, selling more service agreements, and growing customer loyalty. Located in Durham, North Carolina, ServiceTrade was founded in 2012 to automate and streamline the commercial mechanical and fire protection industry and has grown to have more than 1,300 customers. More than 10% of the commercial or industrial buildings in the United States are serviced by contractors using ServiceTrade. Learn more at www.servicetrade.com.

Media Contact:
Media@KTCMarketingandPR.com

The MIL Network –

April 1, 2025
MIL-OSI: Disrupting Tradition, AIXOR Launches Genesis AI Pro 5.0 to Lead the Intelligent Trading Revolution

Source: GlobeNewswire (MIL-OSI)

New York, NY, March 31, 2025 (GLOBE NEWSWIRE) — In response to the growing trend of intelligent digital asset trading worldwide, AIXOR Exchange has officially stepped onto the international stage with its top-tier security system, advanced technological architecture, and the new AI trading system Genesis AI Pro 5.0, promising a more efficient, secure, and intelligent trading experience for global investors.

AIXOR: A New Generation of Intelligent Exchanges Redefining Digital Asset Trading
As a leading cryptocurrency trading platform, AIXOR is committed to becoming the most trusted global digital asset trading center with its core philosophy of “Security, Professionalism, Intelligence.” The exchange not only offers a variety of investment options such as spot trading, contracts, ETFs, and leverage trading but also leverages AI technology to give investors an edge in the new era of digital finance.

AIXOR’s core advantages include:
– op-tier Security Protection, Asset Safety Guaranteed
AIXOR employs military-grade security systems, integrating multi-signature authentication, cold and hot wallet separation, and AI risk control systems. It strictly adheres to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulatory standards to ensure the safety of user assets and transactions.
– Lightning-Fast Trading Experience, Millisecond Execution
With a super-fast matching engine, AIXOR handles millions of concurrent orders and achieves transaction execution speeds in milliseconds, guaranteeing precise order execution even under extreme market conditions to avoid slippage.
– Diverse Trading Products to Meet Various Needs
The platform supports multiple trading modes such as spot, contracts, leverage, ETFs, liquidity mining, and staking, covering mainstream crypto assets such as BTC, ETH, SOL, XRP, among others, and continually expands to offer new investment products, providing users with diverse asset allocation choices.
– Global Compliance Qualifications, Trustworthy
AIXOR holds multiple financial licenses in various countries, including the US MSB (Number: 31000292188716) and SEC certification, rigorously complying with international regulatory requirements to ensure transparency, safety, and legality in trading.

Genesis AI Pro 5.0: Breaking Traditional Trading Strategies with AI-Driven Intelligent Investment
The core technological advantage of AIXOR Exchange is embodied in its brand-new AI trading system—Genesis AI Pro 5.0. As an industry-leading AI-driven trading technology, Genesis AI Pro 5.0 features three core breakthroughs:
– Adaptive to Market Changes, Smartly Optimizing Trading Strategies
Unlike traditional trading systems with fixed rules, Genesis AI Pro 5.0 can dynamically learn market trends and automatically optimize trading strategies, managing to maintain robust performance even in highly volatile market environments, helping investors reduce risks and enhance returns.
– Cross-Market Compatibility, More Flexible Asset Allocation
Genesis AI Pro 5.0 is not only applicable to the cryptocurrency market, but it also spans multiple markets including stocks, forex, and futures, allowing investors to achieve dynamic allocation across various asset classes through the system, maximizing capital efficiency.
– Millisecond Trading Execution, Accurately Catching Market Opportunities
Based on big data analysis and AI smart decision-making, Genesis AI Pro 5.0 completes market scanning, risk assessment, and trade execution in milliseconds, helping users lock in the best trading opportunities at the first moment of market changes.

AIXOR, Leading a New Era of Cryptocurrency Trading
The inception of AIXOR Exchange is not only a significant breakthrough in the global digital asset trading market but also a model for the integration of AI technology and blockchain finance. Moving forward, AIXOR will continue to promote intelligent trading, providing global users with a more efficient, secure, and transparent investment environment.

Join AIXOR now and embark on a new era of intelligent trading!

About AIXOR
AIXOR is a global leading digital asset exchange dedicated to providing a secure, efficient, and intelligent trading environment through AI technology and blockchain innovation. The platform covers a variety of investment products including spot trading, contracts, ETFs, and leverage trading, and holds global compliance licenses to offer professional digital asset trading services to investors worldwide.

Media Contact
Company Name: AIXOR
Website: https://altafs.com
Contact: Jimmy anne
Email: server(at)altafs.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The MIL Network –

April 1, 2025
MIL-OSI: Cash-Rich Ultra Luxury Travelers Boost Spend, Seek Wellness in 2025, Flywire Survey Reveals

Source: GlobeNewswire (MIL-OSI)

80% of those surveyed are planning to spend more on trips next year; almost half of those who spend $25K per vacation plan to spend much more than before

97% ultra luxury travelers say they are likely to take a trip to reduce stress, reduce anxiety and/or fully unplug in the next year

Discerning travelers continue to prioritize simplicity and security for high-value payments

BOSTON, March 31, 2025 (GLOBE NEWSWIRE) — Elite travelers are seeking highly-personalized, exclusive and high-end travel experiences that will enhance their own wellbeing, according to a new report from Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company. And on a quest to feel recharged and enriched, these ultra luxury travelers are prepared to pay what it takes to have unique access to experiences. Among those who spend more than $25,000 per vacation, almost half say they are prepared to spend much more than before for once in a lifetime travel experiences.

Flywire’s new report, Unlocking ultra luxury travel in 2025, based on a survey of more than 500 ultra luxury travelers from the U.S., details the preferences of this elite class of travelers and the implications for the travel providers who cater to this market. Exploring topics from accommodation preferences and high-end advisors to payment security and choice, the findings suggest that to meet travelers’ demands, providers will need to offer seamless customer experiences and exclusive experiences that are personalized, high-touch and frictionless from start to finish.

“Our research shows us that ultra luxury travelers are as motivated by the ability to unplug from the world in their travels as they are to have once-in-a-lifetime experiences. More so, many of them are planning to spend more in pursuit of these experiences than before, reflecting luxury travel’s resilience and expanding global appeal,” said Colin Smyth, SVP and GM of Travel at Flywire.

Ultra luxury travelers value tailor made experiences and highly personalized service interaction, relying on advisors for true luxury experience

Luxury travel is about more than just exclusive accommodations, according to 92% of respondents it’s more the access to people, places and experiences that represent all that is authentic about a destination. Moreover, half of respondents said that, for them, luxury travel is defined by once in a lifetime and personalized experiences.

Key to curating these experiences, according to 96% of ultra luxury travelers, are travel agents or advisors. In fact, nearly 9 in 10 working with travel experts believe it is the only way to have a truly luxury travel experience. Among the reasons respondents gave for using a travel agent/advisor is their expert advice on destinations, activities or operators, and the deep understanding of personal travel preferences travel agents have.

Wellness, “Joy of Missing Out” and the ability to unplug are important to ultra luxury travel

Ultra luxury travelers are prioritizing their mental and physical wellbeing through travel. Nearly all respondents say they are likely to take a trip to reduce stress, reduce anxiety and/or fully unplug in the next year, and 9 in 10 said they are interested in taking a wellness vacation, including self-discovery, spa and nature-based retreats.

Ultra luxury travelers are also embracing slow travel, to really immerse themselves in the experience of their vacation. 93% say they have taken at least one slow travel trip in the past year, and 95% say they are likely to take the same number or more slow travel trips in the coming year. Furthermore, they are focused on doing the things that are important to them, with 84% saying vacations are all about JOMO or the Joy of Missing Out, rather than worrying about what others might be doing.

Payment experience is loyalty driver, simplicity and security are top concerns

Almost all luxury travelers who responded (95%) say that how easy it is for them to pay for all parts of their trip is important to them. Critically, around 9 in 10 say they expect a positive payment experience, and, when booking travel, almost all say they choose who they work with based on a positive payment experience.

Additionally, travelers look to avoid certain pain points when paying for their experiences, such as unexpected fees and exchange rates (34%), the inability to pay in their local currency (24%) or to use their preferred credit card (23%). And security remains top of mind, with 72% of those surveyed concerned about the security of their payments.

To experience the full report with additional data points and key takeaways, please visit here.

About Flywire

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its travel clients and business, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts

Media:
Sarah King
Media@Flywire.com

Investor Relations:
Masha Kahn
IR@Flywire.com

The MIL Network –

April 1, 2025
MIL-OSI: Global Assets Launches AI Intelligent Trading System to Create a Safe and Efficient Global Trading Platform

Source: GlobeNewswire (MIL-OSI)

New York, NY, March 31, 2025 (GLOBE NEWSWIRE) — Recently, the renowned integrated trading platform Global Assets officially launched its new AI intelligent trading system, aiming to enhance global trading efficiency through technological innovation, optimize user experience, and contribute to the creation of a secure and efficient global trading platform. The introduction of this new system marks a significant step for Global Assets in the field of smart finance and further solidifies its leading position in the global market.

Technology-Driven, Opening a New Chapter in Intelligent Trading

As digitization and intelligence penetrate deeper, the demand for technology in the trading market is ever-increasing. The AI intelligent trading system launched by Global Assets integrates cutting-edge technologies such as big data analysis, machine learning, and blockchain, aiming to provide users with intelligent and automated trading services that reduce the uncertainties brought about by human factors.

Intelligent Market Analysis: The system can automatically process and analyze vast amounts of market data, helping users make more informed trading decisions.

Millisecond Trading Execution: Utilizing advanced algorithms to enhance transaction speed and efficiency, ensuring precise timing in trades.

Optimized Risk Control: The intelligent system dynamically adjusts strategies to mitigate the adverse impact of market fluctuations on trading.

The release of this intelligent system allows both novice and professional traders to participate in the market more easily through advanced technology, enhancing their trading experience.

Diverse Trading Ecosystem to Meet Global User Needs

As an international integrated trading platform, Global Assets provides users with a one-stop trading solution by covering a variety of asset classes. Whether it’s digital assets, stocks, commodities, or other financial products, users can easily manage and configure everything on a single platform.

Digital Asset Trading: Supports various mainstream digital currencies, helping users keep pace with the development of blockchain technology.

Commodities and Stock Market Access: Covers popular commodities such as gold and crude oil, as well as major global stock markets, meeting diverse investment needs.
This diversified trading ecosystem not only enhances market liquidity but also provides global users with more investment opportunities and flexibility.

Empowering Asset Management Efficiency with Blockchain Technology

To further optimize user asset liquidity, Global Assets actively explores the application of blockchain technology in finance. Through smart contract technology, the platform has achieved comprehensive improvements in asset safety, transparency, and liquidity.

Smart Contract-Driven: The trading process is transparent and traceable, avoiding the intermediary risks seen in traditional finance.

Rapid Approval and Low Costs: Compared to traditional financial services, blockchain technology greatly reduces transaction costs and shortens processing times.
This technological innovation not only brings users higher capital efficiency but also sets a new benchmark for the digital development of financial markets.

A Trusted Global Trading Platform

In terms of security and compliance, Global Assets always adheres to industry high standards to ensure the safety of user funds and information. The platform employs bank-level encryption technology, combined with multiple identity verifications and real-time risk monitoring, to ensure a stable and reliable trading environment. Additionally, Global Assets boasts a global user service network, providing 24/7 customer support, dedicated to delivering a convenient and worry-free trading experience to every user.

Driving the Future of Smart Finance

Global Assets’ AI intelligent trading system not only showcases the platform’s strength in technological innovation but also demonstrates its foresight in the intelligent development of global financial markets. In the future, Global Assets will continue to delve into the smart finance sector, providing users with more valuable trading services and contributing to the sustainable development of the global trading market.

Media Contact
Company Name: Global Assets
Website: https://global-assets.com
Email: service(at)global-assets.com
Contact: Markus Johann Fischer

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The MIL Network –

April 1, 2025

MIL-OSI: Data Storage Corporation Reports 2024 Fiscal Year Financial Results and Provides Business Update

Source: GlobeNewswire (MIL-OSI)

Expanded CloudFirst platform in 2024 with 4 new Tier III data centers (UK & Chicago), totaling 10 globally to enhance multi-cloud and continuity services across North America and Europe
Completed Flagship Solutions Group integration into CloudFirst, boosting efficiency and cross-sell potential to clients; secured major 2024 contracts across motorsports, insurance, healthcare, and education sectors
Net income improved by approximately 71% for the 2024 fiscal year
compared to 2023 fiscal year and achieved Adjusted EBITDA* of $2.37 million for 2024
Ends 2024 with $12.3 million in cash and marketable securities
and no long-term debt
Conference Call to be held today at 11:00 am ET

MELVILLE, N.Y., March 31, 2025 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, with direct connection to AWS, Microsoft Azure, and Google Cloud, today provided a business update and reported financial results for the year ended December 31, 2024.

“We made consistent progress in 2024 — both financially and strategically,” said Chuck Piluso, CEO of Data Storage Corporation. “To start, total revenue for the year increased to $25.4 million, a modest 2% gain from 2023, reflecting a shift from lower-margin, one-time equipment sales toward long term, recurring subscription revenue streams. This strategy builds on our already $39.2 million remaining contract value with disaster recovery and cloud hosting solutions. Importantly, we ended the year with an estimated $22 million Annual Recurring Revenue run rate, demonstrating the scalability and consistency of our subscription-based model with over 80% of our revenue recurring. Furthermore, net income rose approximately 71% to $513 thousand, while Adjusted EBITDA* increased to $2.37 million — both strong indicators of improved margins and greater operational efficiency. Finally, with $12.3 million in cash and marketable securities and no long-term debt, we remain well-positioned to invest in future growth.”

“In 2024, we also took steps to expand our footprint. Internationally, we launched CloudFirst Europe Ltd. supported by three Tier III data centers in the UK through three strategic partnerships. This expansion positions us to provide our Power platform serving clients across the U.S., Canada, and the UK — we are one of the few single source global providers. To lead our European operations, we appointed Colin Freeman as Managing Director, and early traction in the region has been promising. Domestically, we added a Tier III data center in Chicago, bringing our total to ten global sites while enhancing redundancy and performance across North America.”

“We also completed the full integration of our Flagship Solutions Group subsidiary into our CloudFirst Technologies subsidiary, which has streamlined operations and improved our ability to deliver integrated cloud and managed services to clients. Key new contracts in 2024 included engagements with a Canadian division of a major motorsports manufacturer, a billion-dollar insurance provider, and a U.S. medical center — each reflecting our strength in delivering compliant, mission-critical high processing infrastructure solutions.”

“Overall, 2024 was a year of meaningful execution across all fronts. We advanced our shift to a high-margin, recurring revenue model, expanded into new international markets, strengthened our infrastructure, and delivered improved financial results. These accomplishments reinforce our long-term vision and position us to scale further in 2025 and beyond as demand for compliant, enterprise-grade cloud solutions continues to rise globally.”

Conference Call

The Company plans will host a conference call at 11:00 a.m. Eastern Time on Monday, March 31, 2025, to discuss the Company’s financial results for the 2024 fiscal year which ended December 31, 2024, as well as corporate progress and other developments.

The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-201-689-8852. A webcast of the call may be accessed at  DSC 2024 Fiscal Year Earnings Call or on the Company’s News & Events section of the website,  www.dtst.com/news-events.

A webcast replay of the call will be available on the Company’s website (www.dtst.com/news-events) through September 30, 2025. A telephone replay of the call will be available approximately three hours following the call, through April 7, 2025, and can be accessed by dialing 877-660-6853 for U.S. callers or + 1-201-612-7415 for international callers and entering conference ID: 13751220.

About Data Storage Corporation

Data Storage Corporation (Nasdaq: DTST) through its subsidiaries is a leading provider of multi-cloud hosting, fully managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions. Recognizing that data migration is a critical step in transitioning from on-premises systems to the cloud, DSC provides comprehensive migration services to ensure seamless, secure, and efficient data transfer, minimizing downtime and optimizing performance.

Through its owned and operated cloud platform, built on IBM Power Cloud infrastructure, DSC delivers high-performance, scalable, and secure cloud solutions with interoperability across its infrastructure partners, AWS, Microsoft Azure, and Google Cloud.

With data centers supporting its CloudFirst platform deployments across the United States, Canada, and the United Kingdom, DSC provides mission-critical solutions to a diverse clientele, including Fortune 500 companies, government agencies, educational institutions, and healthcare organizations.

As a leader in the multi-billion-dollar cloud hosting and business continuity market, DTST is recognized for its expertise in cloud infrastructure, IT modernization, and data migration, enabling clients to transition to the cloud with confidence and operational continuity.

For more information, please visit www.dtst.com or follow us on X @DataStorageCorp.

*Adjusted EBITDA is a non-GAAP measure. Please refer to the Company’s financial disclosures for a reconciliation to the most directly comparable GAAP measure.

Safe Harbor Provision

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and include statements regarding being well-positioned to invest in future growth, the Company’s Power platform serving clients across the U.S., Canada and the UK and the Company’s recent accomplishments positioning it to scale further in 2025 and beyond as demand for compliant, enterprise-grade cloud solutions continues to rise globally, and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, the Company’s ability to grow its presence in Europe, the Company being well-positioned to invest in future growth, the Company’s successful transition from on-premises systems to the cloud, and DSC delivering high-performance, scalable, and secure cloud solutions with interoperability across its infrastructure partners. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

Contact:
Crescendo Communications, LLC
212-671-1020
DTST@crescendo-ir.com

DATA STORAGE CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS

	December 31, 2024			December 31, 2023
ASSETS
Current Assets:
Cash	$	1,070,097		$	1,428,730
Accounts receivable (less allowance for credit losses of $31,472 and $7,915 in 2024 and 2023, respectively)		2,225,458			1,259,972
Marketable securities		11,261,006			11,318,196
Prepaid expenses and other current assets		859,502			513,175
Total Current Assets		15,416,063			14,520,073

Property and Equipment:
Property and equipment		9,598,963			7,838,225
Less—Accumulated depreciation		(6,159,307	)		(5,105,451	)
Net Property and Equipment		3,439,656			2,732,774

Other Assets:
Goodwill		4,238,671			4,238,671
Operating lease right-of-use assets		575,380			62,981
Other assets		183,439			48,436
Intangible assets, net		1,427,006			1,698,084
Total Other Assets		6,424,496			6,048,172

Total Assets	$	25,280,215		$	23,301,019

LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities:
Accounts payable and accrued expenses	$	3,183,379		$	2,608,938
Deferred revenue		212,390			336,201
Finance leases payable		17,641			263,600
Finance leases payable related party		33,879			235,944
Operating lease liabilities short term		98,860			63,983
Total Current Liabilities		3,546,149			3,508,666

Operating lease liabilities		523,070			—
Finance leases payable		—			17,641
Finance leases payable related party		—			20,297
Deferred Tax Liability		39,031			—
Total Long-Term Liabilities		562,101			37,938

Total Liabilities		4,108,250			3,546,604

Commitments and contingencies (Note 7)

Stockholders’ Equity:
Preferred stock, par value $.001; 10,000,000 shares authorized; 1,401,786 designated as Series A Preferred Stock, par value $.001; 0 shares issued and outstanding on December 31, 2024 and 2023		—			—
Common stock, par value $.001; 250,000,000 shares authorized; 7,045,108 and 6,880,460 shares issued and outstanding on December 31, 2024 and 2023, respectively		7,045			6,881
Additional paid in capital		40,417,813			39,490,285
Accumulated deficit		(18,982,589	)		(19,505,803	)
Accumulated other comprehensive loss		(23,214	)		—
Total Data Storage Corporation Stockholders’ Equity		21,419,055			19,991,363
Non-controlling interest in consolidated subsidiary		(247,090	)		(236,948	)
Total Stockholders’ Equity		21,171,965			19,754,415
Total Liabilities and Stockholders’ Equity	$	25,280,215		$	23,301,019

DATA STORAGE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME

	Year Ended December 31,
	2024			2023

Sales	$	25,371,303		$	24,959,576

Cost of sales		14,267,936			15,383,251

Gross Profit		11,103,367			9,576,325

Selling, general and administrative		11,023,476			9,744,736

Income (loss) from Operations		79,891			(168,411	)

Other Income (Expense)
Interest income		592,819			542,229
Interest expense		(119,008	)		(74,502	)
Loss on disposal of equipment		(1,599	)		—
Total Other Income		472,212			467,727

Income before provision for income taxes		552,103			299,316

Provision for income taxes		(39,031	)		—

Net Income		513,072			299,316

Loss in Non-controlling interest in consolidated subsidiary		10,142			82,259

Net Income Attributable to Common Stockholders	$	523,214		$	381,575

Earnings per Share – Basic	$	0.08		$	0.06
Earnings per Share – Diluted	$	0.07		$	0.05
Weighted Average Number of Shares – Basic		6,931,399			6,841,094
Weighted Average Number of Shares – Diluted		7,347,779			7,424,228

DATA STORAGE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS

	Year Ended December 31,
	2024			2023
Cash Flows from Operating Activities:
Net income	$	513,072		$	299,316
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		1,350,238			1,301,594
Stock based compensation		794,687			506,205
Change in expected credit losses		45,394			119,524
Loss on disposal of equipment		1,599			—
Changes in Assets and Liabilities:
Accounts receivable		(1,010,880	)		2,123,340
Other assets		(135,003	)		—
Prepaid expenses and other current assets		(347,717	)		71,491
Right of use asset		135,559			163,520
Accounts payable and accrued expenses		567,930			(598,638	)
Deferred revenue		(123,811	)		55,141
Deferred tax liability		39,031			—
Operating lease liability		(90,010	)		(168,446	)
Net Cash Provided by Operating Activities		1,740,089			3,873,047
Cash Flows from Investing Activities:
Capital expenditures		(1,800,364	)		(1,545,017	)
Purchase of marketable securities		(842,810	)		(2,307,228	)
Sale of marketable securities		900,000			—
Net Cash Used in Investing Activities		(1,743,174	)		(3,852,245	)
Cash Flows from Financing Activities:
Repayments of finance lease obligations related party		(222,362	)		(520,624	)
Repayments of finance lease obligations		(263,600	)		(359,869	)
Cash received for the exercise of stock options		133,005			1,699
Net Cash Used in Financing Activities		(352,957	)		(878,794	)

Effect of exchange rates on cash		(2,591	)		—

Decrease in Cash		(358,633	)		(857,992	)

Cash, Beginning of Year		1,428,730			2,286,722

Cash, End of Year	$	1,070,097		$	1,428,730
Supplemental Disclosures:
Cash paid for interest	$	23,549		$	65,057
Cash paid for income taxes	$	—		$	—
Non-cash investing and financing activities:
Assets acquired by operating lease	$	647,958		$	—

The following table shows the Company’s reconciliation of net income (loss) to adjusted EBITDA for the years ended December 31, 2024, and 2023:

For the year ended December 31, 2024

	CloudFirst Technologies		CloudFirst Europe Ltd.			Nexxis Inc.			Corporate			Total

Net income (loss)	$	3,562,622	$	(290,219	)	$	(93,514	)	$	(2,665,817	)	$	513,072

Non-GAAP adjustments:
Depreciation and amortization		1,348,534		79			850			775			1,350,238
Sales tax settlement		142,021		—			—			—			142,021
Interest income		—		—			—			(592,819	)		(592,819	)
Interest expense		119,008		—			—			—			119,008
Provision for income tax		—		—			—			39,031			39,031
Stock-based compensation		295,688		—			25,991			473,008			794,687

Adjusted EBITDA	$	5,467,873	$	(290,140	)	$	(66,673	)	$	(2,745,822	)	$	2,365,238

For the year ended December 31, 2023

	CloudFirst Technologies		CloudFirst Europe Ltd.		Nexxis Inc.			Corporate			Total

Net income	$	2,625,879	$	—	$	(229,377	)	$	(2,097,186	)	$	299,316

Non-GAAP adjustments:
Depreciation and amortization		1,300,237		—		705			652			1,301,594
Interest income		—		—		—			(542,229	)		(542,229	)
Interest expense		74,502		—		—			—			74,502
Stock-based compensation		162,004		—		17,603			326,598			506,205

Adjusted EBITDA	$	4,162,622	$	—	$	(211,069	)	$	(2,312,165	)	$	1,639,388

The MIL Network –

April 1, 2025

MIL-OSI: Investview, Inc. (“INVU”) Reports Full Year 2024 Financial Results, Operational Highlights and a Year-End Message from the CEO

Source: GlobeNewswire (MIL-OSI)

$55.4M in Gross Revenue | $8.3M in Net Cash Provided by Operating Activities | Strong Balance Sheet |Share Repurchase Program and Strategic Expansion- for the year ended December 31, 2024

Haverford, PA, March 31, 2025 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology services company that offers multiple business units across key sectors, including a financial education division offering tools, products and content through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an early-stage online trading platform that intends to offer self-directed retail brokerage services; and a business unit that owns and operates a sustainable blockchain business focused on bitcoin mining, today reported its full-year 2024 financial results and shared highlights of key operational progress, strategic milestones, and forward-focused initiatives.

Summary Consolidated Financial Highlights:

Results of Operations and Net Cash Provided by Operating Activities – Twelve Months Ended December 31, 2024 vs December 31, 2023

Gross Revenue (a Non-GAAP measure) decreased 24.0% to $55.4 million for the twelve months ended December 31, 2024, as compared to $72.9 million for the comparable prior year period.
Net Revenue decreased 22.9% to $52.4 million for the twelve months ended December 31, 2024, as compared to $67.9 million for the comparable prior year period.
Net income from operations decreased 63.2% to $1.7 million for the twelve months ended December 31, 2024, as compared to $4.6 million for the comparable prior year period.
Net cash provided by operating activities increased 36.9%, reaching $8.3 million for the twelve months ended December 31, 2024, as compared to $6.1 million for the comparable prior year period, reflecting the results of our disciplined business model.

Balance Sheet Data-December 31, 2024, vs December 31, 2023

Cash and cash equivalents increased by 7.4%, reaching $22.5 million for twelve months ended December 31, 2024, an increase of $1.6 million from $20.9 million at December 31, 2023, even after having repurchased $3.4 million of common stock and $1.1 million for the acquisition of substantially all the assets of Renu Laboratories Inc. during 2024. Our cash balances provide us with working capital that we can direct towards our strategic initiatives and growth investments.
Total assets at December 31, 2024 were $31.6 million, a decrease of $2.1 million from $33.7 million of assets at December 31, 2023, mainly due to non-cash depreciation and impairment charges relating to our mining servers and a decrease in deposits with vendors, partially offset by an increase our cash balance, an increase in Bitcoin holdings and the addition of a goodwill balance related to the acquisition of substantially all the assets of Renu Laboratories Inc.
Working Capital Balance increased by 30.8% to $16.2 million at December 31, 2024, an increase of $3.8 million from December 31, 2023.
Current Ratio is strong, up 14.3%, reaching 2.32 at December 31, 2024, an increase of 0.29 from our previous current ratio of 2.03 at December 31, 2023, confirming our strong balance sheet position.
Outstanding debt decreased by 10.0%, to $3.2 million at December 31, 2024, a decrease of $0.4 million, from the $3.6 million of debt at December 31, 2023, with total liabilities also decreasing by $0.5 million during the comparative period.
Total stockholders’ equity at December 31, 2024 was $17.2 million, a decrease of $1.6 million or 8.5% from the $18.8 of stockholders’ equity at December 31, 2023, mainly due to the repurchase of common shares during 2024.
Common stock issued and outstanding decreased by approximately 20.3% to 1.859 billion shares at the end of December 31, 2024, a decrease of 474 million shares from 2.333 billion shares at December 31, 2023, primarily attributable to strategic stock repurchases aimed at further reducing outstanding share count in an effort to enhance shareholder value.

Comments on our industry segments and business units

Our Financial Education and Technology Segment

iGenius recognized net revenue for the twelve months ending December 31, 2024, of $47.1 million. This reflects a decrease of 16.8% or $9.5 million less than the comparable prior year period. The decrease was largely attributable to a combination of shifts in consumer behavior and demand following the COVID-19 pandemic as individuals re-evaluated their spending priorities, lifestyle habits, and engagement preferences, as well as broader global macroeconomic changes that have caused a general slowdown in direct sales and home-based business. Despite the drop in revenue, we are hopeful that over time we can regain some of the ground that we have lost as we try to build our sales network organically and develop additional product and service offerings that we offer into our sales network. We firmly believe our direct selling model has broad scalable potential beyond financial education. As part of our strategic vision, we expect to be able to expand the product suite available through our sales network—particularly through the introduction of offerings from our myLife Wellness- health, beauty, and wellness division.

Our Blockchain Technology and Crypto Mining Products and Services Segment

SAFETek recognized net revenue for the twelve months ending December 31, 2024, of $5.2 million. This reflects a decrease of 54.2% or $6.2 million less than the comparable prior year period. The decrease in net revenue was the result of Bitcoin halving, which cut block rewards by 50%, an increase in network difficulty over 29%, and a government-mandated energy curtailment resulting from low hydroelectric reservoir levels in our host country.

Despite the challenging environment in which we now operate, in 2024, SAFETek produced 85.92 Bitcoin, navigating industry-wide headwinds including the April halving event, a sharp rise in network difficulty, and a government energy curtailment. While these factors impacted output, they also helped reduce power costs, turning a challenge into a cost-management initiative that we expect will serve us well over time.

Further, in 2024, we implemented strategic enhancements, including the retirement of older miners, deployment of next-gen ASICs, and consolidation of operations, significantly lowering our hash cost and strengthening our market position. As a result, we remain debt-free on all equipment purchases and maintain flexibility with our strong balance sheet, as we evaluate future expansion opportunities.

Despite the challenging environment, our long-term view of BTC mining remains cautiously optimistic, and we are maintaining a disciplined and strategic posture while preparing for future expansion should the economic environment return to prior levels.

Our Manufacturing and Development of Health, Beauty and Wellness Products Segment

In October 2024, we entered the over-the-counter health, beauty, and wellness market when our subsidiary, myLife Wellness Company (“myLife Wellness”), acquired the business of Renu Laboratories, Inc. (“Renu Labs”), a contract developer and manufacturer, producing both proprietary and non-proprietary health, beauty, and wellness products for third-party clients. This move creates the potential for us to extend our platform into consumer verticals, with a focus on aesthetics, nutrition, and cognitive health. Since the acquisition, we’ve strategically accelerated investment in Renu Labs’ technology, equipment, and talent, resulting in measurable improvements in production and operational efficiency.

myLife Wellness will serve as both the marketing and e-commerce platform engine for the products developed and manufactured by Renu Labs, with a focus on aesthetics, health, nutrition, and cognitive wellness. These products are expected to be distributed through both retail and wholesale channels. In addition to operating as a standalone platform, myLife Wellness also expects to be able to leverage retail, wholesale, and direct-to-consumer channels through collaboration with our affiliated business platform, iGenius, to promote and offer myLife wellness products to its global membership base and its customers, expanding reach and creating new revenue opportunities.

We plan to further the development and growth of both Renu Labs and myLife Wellness in 2025, as well as establishing our presence in the health and wellness industry and supporting our broader global growth objectives.

Our Financial Services Initiatives

March 2024 marked a major milestone in our fintech initiatives with the acquisition of Opencash Securities LLC—an early-stage registered broker-dealer. Although it has not yet achieved commercial operations, it is our objective to develop Opencash as a modern, mobile-first platform for low-cost, and commission-free trading of stocks, ETFs, and options, targeting accessibility and simplicity for retail investors worldwide. Currently, Opencash is progressing through clearing integration, infrastructure buildout, and testing in preparation for launch.

Our Opencash initiative is intended to complement our proprietary MPower Trading Systems- Prodigio trading engine, acquired in 2021, and once fully developed, may be expected to yield two synergistic platforms: Opencash for everyday users and OpencashPro for advanced traders. Together, they will offer a seamless, data-driven trading experience.

Message from Investview’s CEO – Victor Oviedo

2024 was a transformative year for Investview—one marked by strategic discipline and a focused commitment to delivering long-term shareholder value. Aligned with our capital allocation priorities, we successfully reduced our outstanding debt by 10%, or $0.4 million, bringing it to $3.2 million by year-end. Simultaneously, we advanced our shareholder-focused strategy through a significant reduction in common stock by repurchasing and retiring approximately 474 million shares, a 20.3% decrease in issued and outstanding shares, at a blended 53% discount to the market.

These actions reflect our continued focus on building intrinsic value while enhancing capital structure efficiency. Importantly, even after executing these initiatives, we concluded the year with a strong cash position of $22.5 million, providing us with both the resilience and flexibility to pursue appropriate investment opportunities, should they arise, pursue strategic acquisitions, and fund the continued development of our platforms.

Further, the Company recently announced in March 2025 the launch of a $1 million share repurchase program, reaffirming its confidence in the long-term value of its business. This initiative reflects management’s belief that the current market price of its common stock does not accurately reflect the Company’s underlying strength and growth potential.

Despite a challenging macroeconomic environment and industry headwinds, Investview continues to demonstrate resilience, adaptability, and long-term vision across its dynamic portfolio of business units—including financial education, wellness product manufacturing, sustainable blockchain mining, and a soon-to-launch online trading platform.

As we look to the future, our aspirations are clear: scale our highest-potential business segments, maintain financial strength, and unlock new sources of value across our ecosystem.

Entering the Wellness Market with myLife Wellness and Renu Labs

Our entry into the over-the-counter health, beauty, and wellness market reflects a strategic step in broadening our platform and aligning with growing consumer demand in key wellness categories. This expansion began when our subsidiary, myLife Wellness Company (“myLife Wellness”), acquired the business of Renu Laboratories, Inc. (“Renu Labs”), a contract developer and manufacturer of both proprietary and non-proprietary health, beauty, and wellness products for third-party clients.

The acquisition provides a pathway for us to extend into consumer verticals with a focus on aesthetics, nutrition, and cognitive health areas that complement our broader long-term growth objectives.

In addition to myLife Wellness operating as a standalone platform, myLife Wellness also expects to be able to leverage retail, wholesale, and direct-to-consumer channels through collaboration with our affiliated business platform, iGenius, to promote and offer myLife wellness products to its global membership base and its customers, expanding reach and creating new revenue opportunities.

Since the acquisition, we have made targeted investments in Renu Labs’ technology, equipment, and team. These enhancements have already contributed to improved production capacity and operational efficiency, laying a solid foundation for continued growth and development in this space.

Positioned for a Breakout Year in 2025 and Beyond

As we move into 2025, Investview is looking to accelerate growth and drive innovation across all verticals. Our key priorities include:

Launching the Opencash trading platform
Expanding iGenius’ global distribution network
Investing in new products and technology
Pursuing strategic and synergistic acquisitions
Maintaining a strong cash position and balance sheet discipline
We remain cautiously optimistic as to the long-term value of Bitcoin mining, and we intend to take deliberate steps to stabilize operations until favorable conditions return to support the business expansion.

We enter 2025 with a clear vision, and a strong sense of purpose. Our leadership team is aligned around innovation, execution, and long-term value creation. With $22.5 million in cash, reduced debt, and a motivated team, we are anxious to pursue new opportunities and unlock shareholder value.”

At Investview, we are not just building for today—we are shaping a future defined by possibility. We believe the best is yet to come.

About Investview, Inc.

Investview, Inc., a Nevada corporation, operates a financial technology (FinTech) services company, offering several different lines of business, including a Financial Education and Technology business that delivers a series of products and services involving financial education, digital assets and related technology, through a network of independent distributors; and a Blockchain Technology and Crypto Mining Products and Services business, including leading-edge research, development and FinTech services involving the management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets. In addition, we are planning to create a Brokerage and Financial Markets business within the investment management and brokerage industries by, among others, commercializing on a proprietary trading platform we acquired in September 2021. For more information on Investview, please visit: www.investview.com.

About Opencash Securities LLC

Brokerage services are provided by Opencash Securities LLC, a member of FINRA and SIPC. Options involve risk and are not suitable for all investors. Please review Characteristics and Risks of Standardized Options prior to engaging in options trading. Opencash Securities LLC does not provide investment advice. Please consult with investment, tax, or legal professionals before making any investment decisions. All investments involve risks, including the possible loss of capital. Check the background of this investment professional on BrokerCheck. Opencash Securities LLC is a wholly-owned subsidiary of Investview, Inc.

Forward-Looking Statement

All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. These forward-looking statements are based on Investview’s current beliefs and assumptions and information currently available to Investview and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Our forward-looking statements expect that we will ultimately be able to develop retail brokerage operations at Opencash, although it is currently in the pre-revenue and early stage of its operations. We plan to do this by, among others, investing the funds we believe are necessary to develop the infrastructure necessary to achieve retail operations. This includes, among others, the on-boarding of customer support personnel and software developers, the development and implementation of a marketing strategy, the securing of necessary securities clearing arrangements, and the continued development of the online Opencash trading platform and completing its integration with the proprietary algorithmic trading platform we acquired in September 2021. Despite our best efforts, there can be no assurance that we will be able to achieve these objectively on a timely basis, if at all, as the development of an early-stage securities brokerage business involves inherent regulatory and operational risks and uncertainties. Our forward-looking statements also assume that the curtailment in our hydroelectric energy supply will be addressed within the near term and will not continue to have a long-term negative impact on our Bitcoin mining operations, although we are unable to predict when our mining levels will return to pre-2024 levels. More information on potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the U.S. Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The forward-looking statements made in this release speak only as of the date of this release, and Investview, Inc. assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.

Investor Relations
Contact: Ralph R. Valvano
Phone Number: 732.889.4300
Email: pr@investview.com

Reconciliation of Gross Revenue to Net Revenue (unaudited)

As used in this report, Gross Revenues are not a measure of financial performance under United States Generally Accepted Accounting Principles (“GAAP”). Gross Revenues are presented as they are used by management to understand the total revenue before certain items such as refunds, incentives, credits, chargebacks and amounts paid to third party providers. The non-GAAP Gross Revenue measure is a supplement to the GAAP financial information. A reconciliation between Gross Revenue (non-GAAP) and Net Revenue is presented in the table below.

Gross Revenue (non-GAAP) to Net Revenue reconciliation for the twelve months ended December 31, 2024 is as follows:

	Membership revenue			Mining revenue		Health and wellness product sales			Other Revenue		Total
Gross billings/receipts	$	50,086,839		$	5,186,606	$	110,856		$	23,404	$	55,407,705
Refunds, incentives, credits, and chargebacks		(3,025,549	)		–		(185	)		–		(3,025,734	)
Net revenue	$	47,061,290		$	5,186,606	$	110,671		$	23,404	$	52,381,971

Gross Revenue (non-GAAP) to Net Revenue reconciliation for the twelve months ended December 31, 2023 is as follows:

	Membership Revenue			Cryptocurrency Revenue			Mining Revenue		Miner Repair Revenue		Total
Gross billings/receipts	$	60,516,836		$	990,785		$	11,348,156	$	23,378	$	72,879,156
Refunds, incentives, credits, and chargebacks		(4,480,784	)		–			–		–		(4,480,784	)
Amounts paid to supplier		–			(477,500	)		–		–		(477,500	)
Net revenue	$	56,036,052		$	513,285		$	11,348,156	$	23,378	$	67,920,871

The MIL Network –

April 1, 2025

MIL-OSI: Enovix Reports Progress on 2025 Smartphone Launch

Source: GlobeNewswire (MIL-OSI)

FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today.

This development builds on recent achievements, including the completion of an ISO 9001:2015 audit of Fab2 in Malaysia with no major or minor findings. Enovix received formal ISO certification last week.

“I am pleased that our team continues to progress our most advanced smartphone agreement in-line with our aim for mass production late 2025,” said Enovix CEO Raj Talluri. “Passing the ISO audit and receiving the certification was also a significant milestone, reflecting our deep commitment to quality in manufacturing operations.”

About Enovix

Enovix is on a mission to deliver high-performance batteries that unlock the full potential of technology products. Everything from IoT, mobile, and computing devices, to vehicles and headsets, needs a better battery. The company has developed an innovative, materials-agnostic approach to building a higher performing battery without compromising safety, and it partners with OEMs worldwide to usher in a new era of user experiences.

Enovix is headquartered in Silicon Valley with facilities in India, Korea and Malaysia. For more information visit www.enovix.com and follow the company on LinkedIn.

Investor Contact:

Enovix Corporation

Robert Lahey

Email: ir@enovix.com

Media Contact:

Bateman Agency for Enovix

Kaelyn Attridge

Email: enovix@bateman.agency

The MIL Network –

April 1, 2025
MIL-OSI Africa: Oando PLC Joins Afreximbank’s AfrexInsure Portfolio
Source: Africa Press Organisation – English (2) – Report:

CAIRO, Egypt, March 31, 2025/APO Group/ —

AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank.

With Oando on board its clientele portfolio, this new development aligns with Afreximbank’s financial support to the company, with critical risk management solutions, ensuring that the Bank’s investment in Oando PLC’s operations in Nigeria is safeguarded through tailored Specialty Insurance Solutions. By mitigating operational and geopolitical risks, the collaboration would enhance Oando’s resilience, promote sustainable energy development and reinforce Afreximbank’s commitment to economic growth and regional stability in the trade ecosystem.

Commenting on the partnership, Jonas Mushosho, CEO and Principal Officer of AfrexInsure, said: “This strategic collaboration between Oando and AfrexInsure will help promote local content in Africa’s oil and gas sector. The collaboration, which also underscores a shared commitment aimed at fostering economic empowerment and contributing to the sustainable development of Africa’s natural resources, will also strengthen the African insurance sector by retaining premium flows within the continent and fostering Africa’s financial sustainability.”

Mr. Mushosho, who noted that Oando PLC and Afreximbank had established a significant business relationship aimed at enhancing trade development in Africa’s energy sector, added that, many multinationals doing business in Africa face high levels of risk in the current volatile and uncertain environment. Greater availability of affordable trade and trade related specialty insurance solutions could mitigate those risks and encourage firms to engage in enhanced industrialisation and export development activities. “This win by AfrexInsure shows how we are supporting the growth of trade and development in Africa by providing required Insurance management services, giving investors the confidence to make investments in Africa. By using African securities, specialty insurance premiums raised in Africa are retained on the continent and are used to contribute to its overall trade and economic development,” he said.

Commenting on this announcement, Wale Tinubu CON, Group Chief Executive, Oando PLC, said: “We have a longstanding relationship with Afreximbank where we have seen the Bank support our vision for energy in Africa, not only with essential financing but also with invaluable guidance and advisory support. Following our recent acquisition, a tailored risk identification and mitigation approach is paramount. We are confident that our collaboration with AfrexInsure will provide the necessary oversight to ensure both the adequacy and comprehensiveness of our risk management strategy.”

Afreximbank’s partnership with Oando has included a pivotal role in financing the company’s strategic initiatives in Nigeria’s oil and gas sector, including:
- Facilitating a US$650-million financing for Oando PLC’s acquisition of Nigerian Agip Oil Company Assets in August 2024, which is expected to enhance Oando’s production capacity from 20,000 to 100,000 barrels of oil equivalent per day, boosting Nigeria’s oil output and economic growth; and
- Oando PLC’s June 2024 participation, through its Oando Trading subsidiary (“Oando Trading”), in Project Gazelle, the US$3.3-billion structured crude oil-backed finance facility sponsored by the Nigerian National Petroleum Company Limited, in which Oando Trading contributed US$550 million to a US$925-million accordion facility arranged by Afreximbank.
Established by Afreximbank, AfrexInsure provides specialty insurance products to ensure that right-fit insurance solutions are secured for African clients. The subsidiary provides comprehensive and tailored solutions that secure assets owned by clients and that meet bankability requirements of project funders. It draws on expertise, personalized approach and market knowledge to guarantee that Intra-African Trade Champions and multinationals receive value from programmes backed by top rated insurers capable of paying claims.

By placing its programme with pan-African (re)insurers and strong local underwriters, AfrexInsure achieves the retention of premiums in Africa, making it possible for such funds to be invested on the continent where African businesses can access them at lower cost.

MIL OSI Africa –
April 1, 2025
MIL-OSI: Nasdaq Champions Smart Regulatory Reform to Strengthen the World’s Leading Capital Markets and Drive American Economic Growth
Source: GlobeNewswire (MIL-OSI)

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) — Nasdaq today released a comprehensive set of policy recommendations in a paper titled “Advancing the U.S. Public Markets: Unlocking Capital Formation for a Stronger American Economy.” The paper draws insights from a recent survey and ongoing engagement with thousands of Nasdaq-listed companies and advances critical policy proposals to strengthen the public markets and retain the U.S. capital markets’ status as the global standard for economic innovation and wealth creation.

Over the past 25 years, the number of public companies listed on U.S. exchanges has declined 36%, from 7,000 to 4,500, while the number of private equity-backed companies in the U.S. has increased approximately 475%, from 2,000 to 11,500. One of key drivers behind this trend is the increased burden associated with public company status. The decline in the number of public-traded companies is harmful to the overall strength, liquidity, and depth of the U.S. markets. The unjustifiable increase in the burdens and costs that must be borne as the price for the privilege of accessing U.S. public markets has needlessly hampered U.S. companies’ growth, scale, and competitiveness in the global economy. Importantly, it has also limited Main Street Americans from benefiting from the value and wealth creation potential from American innovation.

Nasdaq’s paper recommends pragmatic and results-oriented regulatory changes to restore balance between oversight and accessibility in the public markets. The analysis includes views from companies and argues for proxy process modernization, scaled disclosure with renewed emphasis on materiality, common sense litigation reform, and increased transparency into short selling.

“Nasdaq has long advocated on behalf of our issuers, and the urgency to find solutions to these pain points extends beyond simply maintaining the public company model – it is about America’s global competitiveness,” said Nelson Griggs, President of Nasdaq. “Grounded in the principles of liquidity, transparency and accessibility, public markets help democratize wealth creation, giving everyday investors the opportunity to invest in the companies shaping the economy. By making regulatory processes more efficient, we can create an environment where companies once again view going public as a worthwhile and meaningful achievement – one that is not just a milestone for a business, but also an opportunity to power the next chapter of American economic growth.”

Public companies need a more level and predictable regulatory environment—one that is rooted in building value for shareholders, ensuring corporate accountability and investor protection. A modern and appropriately scaled regulatory framework can provide investors with the needed information while allowing companies of all sizes to operate and thrive.

Several key policy priorities identified in the paper to support companies going and staying public are:
- Proxy Process Modernization, including improving proxy plumbing, common sense proxy access and shareholder proposal reforms, and proxy advisory reform.
- Scaled Disclosure Relief, including anchoring disclosure requirements in materiality, streamlining quarterly reporting practices, and updating scaled disclosure for emerging growth companies, accelerated filers, smaller reporting companies and well-known seasoned issuers.
- Leveling the Playing Field with Smart Regulation, including ensuring audits remain relevant and affordable, updating short selling disclosures, and reining in unproductive litigation practices.
“Markets evolve over time, and now is the time to rebalance and modernize the regulatory environment that is tilted too heavily toward burdensome oversight and is not enhancing the quality of our public markets or the information that investors receive,” said John Zecca, Executive Vice President and Global Chief Legal, Risk and Regulatory Officer at Nasdaq. “Innovators need a more level and pragmatic regulatory environment that is data-driven and results-oriented. If we focus on common sense regulation, simplifying the regulatory burdens on public companies while providing more meaningful information to investors, we will foster stronger capital markets, accelerate job creation, and expand wealth-building opportunities across American society.”

For more information about Nasdaq’s policy advocacy efforts: www.nasdaq.com/Elevate

About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Media Relations Contact:
Michelle Mendiola
+1.646.634.8350
Michelle.Mendiola@Nasdaq.com

The MIL Network –
April 1, 2025
MIL-OSI United Kingdom: OIM response to UK Internal Market Act consultation

Source: United Kingdom – Executive Government & Departments

Correspondence

OIM response to UK Internal Market Act consultation

The Office for the Internal Market (OIM) has published its response to the Department for Business and Trade’s (DBT) consultation on the UK Internal Market Act 2020.

Documents

OIM response to UKIMA consultation

PDF, 322 KB, 18 pages

Details

23 January 2025: DBT launched a consultation seeking views on the operation of certain aspects of the UK Internal Market Act 2020, in particular Parts 1 to 4 of the Act.

31 March 2025: The OIM has responded to this consultation, drawing on evidence from its experience of discharging its functions under Part 4 of the Act.

Updates to this page

Published 31 March 2025

Sign up for emails or print this page

MIL OSI United Kingdom –

April 1, 2025
MIL-OSI Global: Donald Trump likes tariffs, but they damage the economies of everyone involved

Source: The Conversation – UK – By Muhammad Ali Nasir, Associate Professor in Economics, University of Leeds

Donald Trump is calling April 2 2025 “Liberation Day”. For the rest of the world it will just be the day when they discover the details of his latest round of tariffs.

Those tariffs have already become the stand out economic feature of Trump’s second term in the White House. And frankly, it’s been hard to keep track.

There have been tariffs imposed and then lifted, tariffs with exemptions, tariffs on metal and tariffs on wood. Now Trump has announced a 25% tariff on all imported cars to take effect on April 2, when he also plans to reveal his “reciprocal tariffs” on other trading partners.

Trump thinks the US has been “ripped off for decades by nearly every country on Earth”. He also counts “tariff” as his favourite word, and a tool which is “”very powerful, both economically and in getting everything else you want”.

Whether or not the president gets everything he wants remains to be seen. But the frequent changes in tariff policies over the past few weeks have definitely created uncertainty in trade with the US, which research shows can be harmful in itself.

And the evidence clearly shows that the reasons for the US trade deficit are more to do with domestic issues such as productivity and fiscal discipline than international trade.

So what are the possible outcomes if Trump continues to pursue this policy?

The worst case

Our analysis shows that in the worst-case scenario, non-reciprocated tariffs on Canada and Mexico could result in a significant fall in GDP for all three countries. Canada would be the worst affected (a dip of 16.5%) followed by Mexico (6.6%). GDP in the US would fall by 0.19%.

Canada is particularly dependent on selling its oil and gas – and the US is heavily reliant on its northern neighbour for its fuel supply. In 2024, total trade between the two nations reached US$762.1 billion (£589 billion).

The impact on Mexico would also be devastating. Over 40% of the country’s GDP is derived from exports – and 80% of those exports go to the US.

High tariffs and subsequent retaliations would quickly reduce the confidence of companies on both sides. Costs passed on to consumers would reduce demand and then profits, forming a vicious cycle of economic recession. Trade protectionism could then rise further, potentially even turning a recession into a depression

Middle ground

We also found that even if the economic effects of tariffs were less severe, no nation involved would manage to achieve GDP growth. And Canada and Mexico would still suffer the most.

In this situation, some kind of stalemate could emerge, where tariffs lead to rising inflation, reducing the political appetite for escalation. Trade friction would likely continue until 2026, when a renegotiation of the trade agreement between the US, Mexico and Canada is due to take place.

Best case

Even under the best-case scenario, with reduced economic impact, GDP for all three countries still falls. Put simply, imposing tariffs creates no winners.

Since the tariff has been seen as a bargaining chip, the best option for Canada and Mexico will be to enter trade negotiations with the US, aiming for a balanced trade policy that is beneficial to all parties.

Read more:
Donald Trump is planning more trade barriers if he becomes president – but they didn’t work last time

In the meantime, they should cooperate with other economies affected by US tariffs – such as the EU and China – in the hope that this encourages Trump to make concessions.

All three countries could then revert to their original low-tariff levels before the trade war. This constitutes the optimal scenario within our projected framework – and could be what happens eventually.

US treasury secretary, Scott Bessent, has said that Trump’s second favourite word is “reciprocal”. If that’s true, then it is possible that the Trump administration has the overall intention of cooling down the intensity of this trade war ahead of negotiating a new version of its trade deal with Canada and Mexico – and a new one with China too.

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. Donald Trump likes tariffs, but they damage the economies of everyone involved – https://theconversation.com/donald-trump-likes-tariffs-but-they-damage-the-economies-of-everyone-involved-252322

MIL OSI – Global Reports –

April 1, 2025

MIL-OSI: BOS Reports Financial Results for the Fourth Quarter and Full Year 2024

Source: GlobeNewswire (MIL-OSI)

Net Income Rises 14.7% Year-Over-Year on Increased Gross Margin, Efficient Operations

Provides Initial 2025 Outlook for Further 10% Growth in Sales and Net Income

RISHON LE ZION, Israel, March 31, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) reported its financial results for the fourth quarter and full year 2024.

Year 2024 Financial Highlights:

Revenues declined by 9.7% to $39.9 million from $44.2 million in 2023. Revenue results in 2023 benefitted from one-time post-COVID restocking activities at multiple customers.
Gross profit margin increased to 23.3% compared to 20.8% in the preceding year, demonstrating improved operating efficiency.
Operating profit decreased to $1.4 million from $2.5 million in 2023, due to $1.2 million non-cash impairment of goodwill and other intangible assets in 2024.
EBITDA increased to $3.25 million compared to $3.06 million in 2023.
Financial expenses decreased to $139,000 from $441,000 in the prior year.
Non cash income from taxes amounted to $1 million in year 2024.
Net income increased by 14.7% to $2.3 million, or $0.40 per basic share, compared to $2.0 million, or $0.35 per basic share, in the year 2023.

Fourth Quarter 2024 Financial Highlights:

Revenues declined by 4.6% to $10.4 million from $10.9 million in the fourth quarter of 2023.
Gross profit margin increased to 22.9% compared to 19.2% in the comparable quarter last year.
Operating loss amounted to $616,000 compared to an operating income of $400,000 in the fourth quarter of 2023, due to a $1.2 million non-cash impairment of goodwill and other intangible assets included in the results of the fourth quarter of 2024.
EBITDA amounted to $715,000 compared to $562,000 in the fourth quarter of 2023.
Financial income amounted to $99,000 compared to financial expenses of $31,000 in the fourth quarter of 2023.
Non cash income from taxes in the amount of $1 million in the fourth quarter of 2024.
Net income amounted to $485,000 or $0.08 per basic share compared to $427,000 or $0.07 per basic share in the fourth quarter of 2023.

Eyal Cohen, BOS’ CEO, stated: “BOS improved profitability on an operating basis across all of our business units in 2024, leveraging our favorable sales mix and lean cost structure to increase gross margin to 23.3% and net income to $2.3 million. That momentum has carried into 2025 as we continue to scale the business, manage costs effectively and drive operating leverage. We are starting the year with a 35% increase in backlog, at $27 million as of December 31, 2024, compared to $20 million as of December 31, 2023, plus significant new defense customer orders announced in the first quarter to date. As a result, our 2025 outlook calls for a 10% year-over-year increase in both sales and net income to $44 million of revenues and $2.5 million of net income.

“BOS’ growth strategy remains focused on deepening our penetration in the defense sector, where we have strong customer relationships at both the primary and subcontractor levels. We expect robust ordering patterns across the strategic defense industry to continue in 2025, and we are progressing our sales strategy to enter new overseas markets by leveraging our relationships with Israeli defense customers that operate globally. We also continue to seek accretive strategic opportunities where we can deploy our strong balance sheet to expand BOS’ capabilities and reach in the growing global defense market.”

Board Updates
On March 19, 2025, BOS announced the appointment of Osnat Gur, an independent director since 2021, as Board Chair and the appointment of Avi Dadon as a new independent director.

Ms. Gur brings extensive management and leadership experience to BOS, having served as CEO of a global B2B marketing agency, an RFID technology company, and a dietary supplements manufacturer over the course of her career. She also serves as a board director in multiple Israeli companies.

Mr. Dadon brings decades of experience in military leadership, defense procurement, supply chain management and logistics to BOS. He served as Head of Procurement for the Israeli Ministry of Defense from 2017 to 2023 and is a retired Colonel in the Israeli Defense Forces (IDF), with 28 years of military service.

“We are excited to congratulate Osnat in her new role as Board Chair, and look forward to working with her to plan BOS’s next chapter of growth and earnings as we continue to execute our growth strategy,” said Cohen. “We also welcome Avi to the board and look forward to leveraging his decades of experience with the IDF and Ministry of Defense procurement to support BOS’s continued success.”

About BOS Better Online Solutions Ltd.
BOS integrates cutting-edge technologies to streamline and enhance supply chain operations across three specialized divisions:

Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.
RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.
Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing cutting-edge products.

For additional information, contact:
Matt Kreps, Managing Director
Darrow Associates
+1-214-597-8200
mkreps@darrowir.com

Eyal Cohen, CEO
+972-542525925
eyalc@boscom.com

Use of Non-GAAP Financial Information
BOS reports financial results in accordance with US GAAP and herein provides some non-GAAP measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company’s presentation of its financial results that are prepared in accordance with GAAP. The Company uses the non-GAAP measures presented to evaluate and manage the Company’s operations internally. The Company is also providing this information to assist investors in performing additional financial analysis that is consistent with financial models developed by research analysts who follow the Company. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the non-GAAP financial measures with the most directly comparable GAAP financial measures.

Safe Harbor Regarding Forward-Looking Statements
The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission, including risks related to Israel’s conflicts with Hamas and other parties in the region.
BOS undertakes no obligation to publicly update or revise any forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.


CONSOLIDATED STATEMENTS OF OPERATIONS
U.S. dollars in thousands

	Year ended December 31,					Three months ended December 31,
	2024			2023		2024		2023
	(Unaudited)		(Audited)			(Unaudited)		(Audited)

Revenues	$	39,949		$	44,179	$	10,388			$	10,886
Cost of revenues	30,655			34,970		8,007				8,796
Gross profit	9,294			9,209		2,381				2,090
Operating costs and expenses:
Research and development	175			158		50				44
Sales and marketing	4,394			4,891		1,118				1,278
General and administrative	2,113			1,762		656				420
Other income, net	–			(52)		–				(52)
Impairment of intangible assets and Goodwill	1,173			–		1,173				–
Total operating costs and expenses	7,855			6,759		2,997				1,690

Operating income (loss)	1,439			2,450		(616)				400
Financial income (expenses), net	(139)			(441)		99				31
Income before taxes on income	1,300			2,009		(517)				431
Income taxes benefits (expenses)	1,000			(4)		1,002				(4)
Net income	$	2,300		$	2,005	$	485			$	427

Basic net income per share	$	0.40		$	0.35	$	0.08			$	0.07
Diluted net income per share	$	0.39		$	0.34	$	0.08			$	0.07
Weighted average number of shares used in computing basic net income per share	5,756			5,727		5,776			5,748
Weighted average number of shares used in computing diluted net income per share	5,887			5,905		5,975			5,856

Number of outstanding shares as of December 31, 2024 and 2023	5,793			5,748		5,793			5,748

CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands)

	December 31, 2024		December 31, 2023
	(Unaudited)		(Audited)
ASSETS

CURRENT ASSETS:
Cash and cash equivalents	$	3,368	$	2,344
Restricted bank deposits	185		217
Trade receivables	11,787		12,424
Other accounts receivable and prepaid expenses	1,150		963
Inventories	7,870		6,070

Total current assets	24,360		22,018

LONG-TERM ASSETS	177		196

PROPERTY AND EQUIPMENT, NET	3,417		3,268

OPERATING LEASE RIGHT-OF-USE ASSETS, NET	779		1,026

DEFERRED TAX ASSETS	1,000		–

OTHER INTANGIBLE ASSETS, NET	422		1,078

GOODWILL	4,188		4,895

Total assets	$	34,343	$	32,481

CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands)

	December 31, 2024		December 31, 2023
	(Unaudited)		(Audited)

LIABILITIES AND SHAREHOLDERS’ EQUITY

CURRENT LIABILITIES:
Current maturities of long-term loans	$	439	$	170
Operating lease liabilities, current		176		235
Trade payables		6,362		7,710
Employees and payroll accruals		1,087		980
Deferred revenues		2,003		600
Advances net of inventory in progress		–		137
Accrued expenses and other liabilities		598		1,072

Total current liabilities		10,665		10,904

LONG-TERM LIABILITIES:
Long-term loans, net of current maturities		980		1,150
Operating lease liabilities, non-current		576		759
Long-term deferred revenues		293		339
Accrued severance pay		498		490

Total long-term liabilities		2,347		2,738


TOTAL SHAREHOLDERS’ EQUITY		21,331		18,839


Total liabilities and shareholders’ equity	$	34,343	$	32,481

CONDENSED CONSOLIDATED EBITDA
(U.S. dollars in thousands)

	Year ended December 31,				Three months ended December 31,
	2024		2023		2024			2023

Operating income (loss)	$	1,439	$	2,450	$	(616	)		$	400
Add:
Impairment of Goodwill and other intangible assets		1,173		–		1,173				–
Amortization of intangible assets		190		168		47				48
Stock-based compensation		74		98		11				24
Depreciation		370		342		100				90
EBITDA	$	3,246	$	3,058	$	715			$	562

SEGMENT INFORMATION
(U.S. dollars in thousands)

	RFID		Supply Chain Solutions		Intelligent Robotics		Intercompany	Consolidated
	Year ended December 31,
	2024

Revenues	$	12,877	$	25,829		1,410	(167)	$	39,949
Cost of revenues		9,344		19,763		1,079	(167)		30,019
Allowance for slow inventory		–		636		–	–		636
Gross profit		3,533		5,430		331			9,294

Allocated operating expenses		2,273		3,338		274			5,885

Impairment of goodwill and intangible assets		984		189		–			1,173

Unallocated operating expenses*				–		–			797

Operating income	$	276	$	1,903	$	57			1,439

Financial expenses and income tax benefits									861

Net income								$	2,300

	RFID		Supply Chain Solutions		Intelligent Robotics		Intercompany	Consolidated
	Year ended December 31,
	2023

Revenues	$	13,713	$	28,845		1,742	(121)	$	44,179
Cost of revenues	10,534		22,830			1,557	(121)	34,800
Allowance for slow inventory	–		170		–		–	170
Gross profit	3,179		5,845			185		9,209

Allocated operating expenses	2,150		3,675			258		6,083

Unallocated operating expenses*			–		–			676

Operating income (loss)	$	1,029	$	2,170	$	(73)		2,450

Financial expenses and tax on income								(445)

Net income								$	2,005

*Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

SEGMENT INFORMATION
(U.S. dollars in thousands)

	RFID		Supply Chain Solutions		Intelligent Robotics		Intercompany	Consolidated
	Three months ended December 31, 2024

Revenues	$	3,445	$	6,806	$	171	(34)		$	10,388
Cost of revenues	2,294		5,170		127		(34)		7,557
Allowance for slow inventory	–		450		–		–		450
Gross profit	1,151		1,186		44		–		2,381

Allocated operating expenses	605		883		84		–		1,572

Impairment of goodwill and intangible assets	984		189		–				1,173

Unallocated operating expenses*									252

Operating income (loss)	$	(438)	$	114	$	(40)			(616)

Financial income and income tax benefits									1,101

Net income									$	485

	RFID		Supply Chain Solutions		Intelligent Robotics		Intercompany	Consolidated
	Three months ended December 31, 2023

Revenues	$	3,622	$	7,017	$	279	(32)		$	10,886
Cost of revenues	2,897		5,797		171		(32)		8,833
Allowance for slow inventory	–		(37)		–		–		(37)
Gross profit	725		1,257		108		–		2,090

Allocated operating expenses	513		974		72		–		1,559

Unallocated operating expenses*									131

Operating income	$	212	$	283	$	36			400

Financial income and tax on income									27

Net income										$	427

The MIL Network –

April 1, 2025

MIL-OSI: Ingersoll Rand Recommends Rejection of TRC Capital’s “Mini-Tender” Offer

Source: GlobeNewswire (MIL-OSI)

DAVIDSON, N.C., March 31, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC Capital) to purchase up to 1,500,00 shares of Ingersoll Rand’s common stock at $77.50 per share. The offer price is approximately 4.27% below the closing price of the company’s common stock on The New York Stock Exchange on March 21, 2025 ($80.96), the last trading day before the date of the offer. The offer price is also approximately 2.43% below the closing price of Ingersoll Rand’s common stock on March 28, 2025 ($79.43), the business day prior to this release.

Ingersoll Rand does not endorse TRC Capital’s offer and is not associated in any way with TRC Capital, its mini-tender offer or the offer documentation.

Ingersoll Rand recommends that its stockholders reject the offer and not tender their shares in response to TRC Capital’s unsolicited mini-tender offer. This mini-tender offer is at a price below the closing price for the company’s shares (as of the business day prior to this release) and is subject to numerous conditions.

TRC Capital has made similar unsolicited mini-tender offers for shares of other publicly traded companies. Mini-tender offers seek to acquire less than 5% of a company’s outstanding shares. This strategy enables the offering company to avoid many of the disclosure and procedural requirements that the U.S. Securities and Exchange Commission (SEC) requires for tender offers. As a result, mini-tender offers do not provide investors with the same level of protections as provided by larger tender offers under U.S. federal securities laws.

The SEC’s website contains important tips for investors regarding mini-tender offers, available at: https://www.sec.gov/about/reports-publications/investorpubsminitend. The SEC’s website advises that mini tender-offers are frequently used to catch investors “off guard” and that investors may end up selling securities at below-market prices.

Similar to TRC Capital’s mini-tender offers targeted at other companies, these offers put individual investors at risk because they may not realize they are selling their shares at a discount. The offer is also subject to certain conditions. Ingersoll Rand urges stockholders to obtain current stock quotes for their shares of company common stock, to review the terms and conditions of the offer, to consult with their brokers or financial advisers, and to exercise caution with respect to TRC Capital’s mini-tender offer.

Ingersoll Rand stockholders who have already tendered their shares are advised they may withdraw their shares by following the procedures for withdrawal described in the TRC Capital offer documents prior to the expiration of the offer, which is currently scheduled for one minute after 11:59 p.m., New York City Time, on April 23, 2025.

Additionally, Ingersoll Rand encourages brokers, dealers, and other investors to review the SEC’s letter regarding broker-dealer mini-tender offer dissemination and disclosure, available at: https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm.

Ingersoll Rand requests that a copy of this news release be included with all distribution of materials related to TRC Capital’s offer for shares of Ingersoll Rand’s common stock.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to expectations of Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”) regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to geopolitical tensions, natural disaster, catastrophe, global pandemics, cyber events, or other events outside of our control; (2) unexpected costs, charges or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life sciences and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

The MIL Network –

April 1, 2025
MIL-OSI: Subsea7 awarded contract offshore Norway
Source: GlobeNewswire (MIL-OSI)

Luxembourg – 31 March 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable¹ contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway.

Subsea7’s scope includes engineering, procurement, construction and installation of a five kilometre CO₂ pipeline, as well as installation of integrated satellite structures, umbilicals, tie-in and pre-commissioning activities.

Project management and engineering will commence immediately at Subsea7’s office in Stavanger, Norway. Fabrication of the pipeline will take place at Subsea7’s spoolbase at Vigra, Norway and offshore operations will be executed in 2026 and 2027.

Erik Femsteinevik, Vice President for Subsea7 Norway said: “We are excited to continue our collaboration with Equinor TSP and the Northern Lights’ owners Equinor, Shell and TotalEnergies on phase 2 of this ambitious and pioneering project. We look forward to working together to increase the development’s carbon storage capacity to a minimum of five million tonnes per year, and to support the continued development of a new value chain for Norway and Europe.”

Northern Lights phase 2 is enabled by a grant from the Connecting Europe Facility for Energy (CEF Energy) funding scheme.
1. Subsea7 defines a sizeable contract as being between $50 million and $150 million.
*******************************************************************************
Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

*******************************************************************************

Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com

Contact for media enquiries:
Jan Roger Moksnes
Communications Manager
Tel +47 41515777
janroger.moksnes@subsea7.com
www.subsea7.com

Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 31 March 2025 at 12:15 CET.

Attachment
- SUBC Northern Lights 2
The MIL Network –
March 31, 2025
MIL-OSI: LPL Financial to Acquire Commonwealth Financial Network
Source: GlobeNewswire (MIL-OSI)
- Commonwealth supports ~2,900 independent advisors managing ~$285 billion in assets
- Commonwealth ranked #1 in Independent Advisor Satisfaction 11 times in a row by J.D. Power
- Founder of Commonwealth to assume advisory role to LPL Board of Directors
- Commonwealth CEO to join LPL Management Committee, partnering to launch Office of Advisor Advocacy
SAN DIEGO and WALTHAM, Mass., March 31, 2025 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced that it has entered into a definitive purchase agreement to acquire Commonwealth Financial Network (“Commonwealth”), the largest independently owned wealth management firm in the country.

Headquartered in Waltham, Mass., Commonwealth provides integrated business solutions and services for approximately 2,900 financial advisors, managing approximately $285 billion of brokerage and advisory assets. Since its founding in 1979, Commonwealth has built a culture that prioritizes exemplary client service, which has resulted in Commonwealth ranking #1 in Independent Advisor Satisfaction among financial investment firms 11 times in a row by J.D. Power.

“Commonwealth is respected throughout our industry as a standard-bearer for service excellence, and their commitment to the success of their Advisors is embedded in all aspects of their business,” said Rich Steinmeier, LPL Financial chief executive officer. “A complement to LPL’s client-centric culture, Commonwealth’s service philosophy enhances the value we’ll collectively bring to all Advisors across the LPL network. In addition, LPL’s advanced technology, intuitive business solutions and breadth of wealth management offerings unlock boundless potential for Commonwealth Advisors and the clients they serve.”

“As we’ve grown our business over the past 46 years, Commonwealth has placed a premium on delivering the industry’s highest standards of service. We’ve been diligent in finding a partner that shares our mission of prioritizing Advisor needs above all else. LPL became the logical choice for our next chapter,” said Joseph Deitch, Commonwealth founder, who will assume an advisory role to LPL’s Board of Directors through the conversion. “We are incredibly proud of the culture we’ve nurtured that leverages all opportunities for our Advisors to thrive. To continue supporting this mission, we are confident that LPL’s shared commitment to Advisor centricity, advocacy for Advisor independence, highly experienced team and value-added offerings will serve our Advisors extraordinarily well for the long-term.”

Commonwealth Chief Executive Officer Wayne Bloom will join LPL’s Management Committee and report to Mr. Steinmeier, and will continue to lead the Commonwealth community and their advisor experience. He will also partner with the LPL leadership team to launch LPL’s Office of Advisor Advocacy, charged with further elevating the service experience for LPL’s growing network of advisors. “This impressive partnership accelerates our joint competitive advantage, bringing unparalleled value to our Advisors and our employees,” said Bloom. “Commonwealth will retain its brand as part of LPL, and Commonwealth Advisors will continue to benefit from their relationships with our team members, all while taking full advantage of LPL’s scale and platform that fuels its industry-leading offerings.”

The transaction is expected to close in the second half of 2025, and the conversion to the LPL platform is expected to be completed in mid-2026, subject to the receipt of regulatory approvals and other conditions. Following the closing, LPL will evaluate opportunities to bring the Commonwealth advisor experience into the broader LPL ecosystem, including the review of key capabilities at Commonwealth that have been developed in partnership with Advisor360°.

Under the transaction structure, LPL will acquire 100 percent of the equity of the holding company of Commonwealth for a purchase price of approximately $2.7 billion in cash. LPL anticipates financing this transaction through a combination of corporate cash, debt and equity, resulting in credit agreement leverage of roughly 2.25x following the close of the transaction, with a near-term path to reduce leverage to the midpoint of its stated range of 1.5-2.5x.

Investor Presentation

LPL Financial posted an investor presentation with an overview of the transaction on its Investor Relations page at investor.lpl.com.

Conference Call and Additional Information

The Company will hold a conference call to discuss the transaction at 8 a.m. ET on Monday, March 31, 2025. The conference call will be accessible and available for replay at investor.lpl.com/events.

Financial and Legal Advisors to the Transaction

Morgan Stanley & Co. LLC is acting as exclusive financial advisor to LPL, with Allen Overy Shearman Sterling LLP serving as LPL’s legal counsel. Goldman Sachs & Co. LLC is acting as exclusive financial advisor to Commonwealth, with Ropes & Gray LLP serving as Commonwealth’s legal counsel.

About Commonwealth Financial Network^®

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides financial advisors with holistic, integrated solutions that support business evolution, growth acceleration, and operational efficiency. J.D. Power ranks Commonwealth “#1 in Independent Advisor Satisfaction Among Financial Investment Firms, 11 Times in a Row.” Privately held since 1979, the firm has headquarters in Waltham, Massachusetts, and San Diego, California, and an operations hub in Blue Ash, Ohio.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 Financial Advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that Advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

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

Throughout this communication, the terms “financial Advisors” and “Advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC and Commonwealth. Unless otherwise indicated, data in this communication is as of December 31, 2024.

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

Forward-Looking Statements

Certain of the statements included in this release, such as those regarding LPL Financial and its potential growth, business strategy and plans, including the expected benefits of LPL Financial’s acquisition of Commonwealth, the timing of the closing and the conversion of such transaction, and LPL Financial’s plans to replicate the Commonwealth Advisor service experience within its ecosystem, constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “plans,” “assumes,” “estimates,” “projects,” “intends,” “should,” “will,” “shall” or variations of such words are generally part of forward-looking statements. Forward-looking statements are made based on current expectations and beliefs concerning future developments and their potential effects upon LPL, Commonwealth or both. In particular, LPL Financial can provide no assurance that the assets reported as serviced by Commonwealth financial Advisors will translate into assets serviced at LPL Financial, that Commonwealth financial Advisors will join LPL Financial or that the benefits that are expected to accrue to LPL Financial, Commonwealth and their respective advisors and stockholders as a result of the transaction described herein will materialize. These forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, including economic, legislative, regulatory, competitive and other factors, and there are certain important factors that could cause actual results or the timing of events to differ, possibly materially, from expectations or estimates expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include: the failure of the parties to satisfy the closing conditions applicable to the acquisition in a timely manner or at all, including obtaining the required regulatory approvals; disruptions to the parties’ businesses as a result of the announcement and pendency of the transaction; difficulties or delays of LPL Financial in onboarding Commonwealth financial Advisors, staff or clients, which could negatively affect LPL Financial’s ability to realize revenue or expense synergies or other expected benefits of the transaction; the inability of LPL Financial to sustain revenue and earnings growth or to fully realize revenue or expense synergies or the other expected benefits of the transaction, which depend in part on LPL Financial’s success in onboarding assets currently served by Commonwealth’s Advisors; disruptions to Commonwealth’s or LPL Financial’s businesses due to transaction-related uncertainty or other factors making it more difficult to maintain relationships with their financial Advisors and their clients, employees, other business partners or governmental entities; the choice by clients of Commonwealth’s Advisors not to open brokerage and/or advisory accounts at LPL Financial or move their assets from Commonwealth to LPL Financial; challenges replicating the Commonwealth Advisor service experience at LPL Financial; changes in general economic and financial market conditions, including retail investor sentiment; fluctuations in the value of assets under custody; and Commonwealth’s Advisors. Certain additional important factors that could cause actual results or the timing of events to differ, possibly materially, from expectations or estimates expressed or implied in such forward-looking statements can be found in the “Risk Factors” section included in LPL Financial’s most recent Annual Report on Form 10-K. Except as required by law, LPL Financial does not undertake to update any particular forward-looking statement included in this document as a result of developments occurring after the date of this press release.

Contacts

LPL Media Relations
media.relations@lplfinancial.com

LPL Investor Relations
investor.relations@lplfinancial.com

The MIL Network –
March 31, 2025
MIL-OSI: MEXC Unveils MNT Promotion Offering Up to $1 Million in Rewards
Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles , March 31, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has announced a groundbreaking partnership with Mantle (MNT) to launch an exclusive month-long trading campaign with a prize pool of up to $1,000,000, offering users an opportunity to earn substantial rewards.

The event presents a range of valuable opportunities for users:
- Zero trading fees on MNT Spot and Futures markets, helping users reduce costs and optimize returns.
- Up to 500% APR through MNT staking, offering one of the most competitive yields currently available.
- Token rewards via Launchpool, where users can stake USDT, MX, or MNT to earn additional MNT tokens and exclusive benefits.
Additionally, users can join the Deposit & Trade campaign, designed with a low entry threshold—ideal for newcomers looking to explore the ecosystem. For seasoned traders, the Futures Trading Competition provides a platform to demonstrate their trading expertise, climb the leaderboard based on trading volume, and compete for a share of the $300,000 prize pool.

Event Overview

Period: March 31, 2025, 10:00 – April 30, 2025, 10:00 (UTC)
During the event period, users can participate in the following MNT-related activities on the platform by clicking on the links below.
Event 1: MNT trading (Spot and Futures) is available with zero trading fees.
Event 2: Users who deposit and trade MNT on the Spot market may qualify to share a pool of 113,340 MNT.
Event 3: MNT staking offers returns of up to 500% APR, subject to platform terms.
Event 4: A Futures Trading event allows participants to compete for a share of 300,000 USDT in bonus rewards.
Event 5: The MNT Launchpool enables users to stake selected tokens in exchange for a portion of 240,000 MNT in rewards.

As a pioneering Layer-2 scaling solution for Ethereum, Mantle uses Optimistic Rollup technology to lower transaction costs and improve network performance. This collaboration highlights MEXC’s leadership in backing innovative blockchain projects and its unwavering commitment to offering users diverse, cutting-edge trading opportunities, lowering costs and helping them maximize their potential returns.

Looking ahead, MEXC is committed to continuously enhancing the trading experience by introducing innovative features, expanding user opportunities, and launching new initiatives aligned with the dynamic nature of the cryptocurrency market.

For further details on the event, please see the official announcement.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

Source

Contact:
Lucia Hu
PR Manager
lucia.hu@mexc.com

Disclaimer: This press release is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/75a055b0-3b18-4f14-b6f9-f7a099054d63

The MIL Network –
March 31, 2025
MIL-OSI: Enlight Announces the Financial Close for Project Country Acres

Source: GlobeNewswire (MIL-OSI)

The debt financing package includes $773 million of construction loans

Country Acres consists of 403 MW of solar generation and 688 MWh of energy storage capacity, and is expected to reach full COD during the second half of 2026

TEL AVIV, Israel, March 31, 2025 (GLOBE NEWSWIRE) — Enlight Renewable Energy Ltd. (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, announced today that the Company has received debt financing (the “Debt Financing”) for project Country Acres (“Country Acres” or “the Project”), located near Sacramento, California, USA.

As part of the Debt Financing, Enlight, through its subsidiary Clenera Holdings LLC, has secured construction financing commitments with a consortium of four leading global banks including BNP Paribas Securities Corp, Crédit Agricole, Natixis Corporate & Investment Banking, and Norddeutsche Landesbank Girozentrale (Nord/LB), totaling $773 million.Upon the Project’s COD, the construction loan is expected to convert into a $376 million term loan.

The Project has a 30-year solar generation busbar PPAand 20-year energy storage busbar purchase agreement with the Sacramento Municipal Utility District (“SMUD”).The Company expects to conclude a tax equity transaction during the construction period, noting that the Project has met the terms required to achieve safe harbor status for beginning of construction.

Country Acres consists of 403 MW solar generation and 688 MWh of energy storage capacity, and is expected to reach full COD during the second half of 2026. Construction at the 966-acre site has already begun, and all procurement contracts have been signed. The Project is expected to provide clean electricity equivalent to the average annual consumption of approximately 80,000 California households.

“We are grateful to once again be partnering with leading banks on one of our largest projects,” said Adam Pishl, President and CEO of Clenera. “The American-generated, reliable energy produced at Country Acres will fueling the homes and businesses in central California for decades to come.”

After the completion of Apex in Montana and Atrisco in New Mexico, Country Acres is one of several major solar and energy storage projects that Enlight and Clenera are now constructing in the U.S. These include Quail Ranch (128 MW and 400 MWh) and Roadrunner (290 MW and 940 MWh). Along with additional projects planned to be built in the years to come, these projects are driving Enlight’s massive expansion into the U.S. renewable energy market. This is best illustrated by the growing run rate of Enlight’s U.S. revenue base, which is expected to reach $195-207 million annually after the completion of the projects now under construction.

The Company’s next projects in the western Unites States are Snowflake (600 MW and 1,900 MWh) and CO Bar (1,211 MW and 824 MWh). The two mega projects have almost completed their development phase, and are scheduled to begin construction in the coming months. Each of the two projects employs a grid connection of 1.0 GW, one of the largest in the US. These grid connections generate potential additional development opportunities in the future through the Company’s “Connect and Expand” strategy, which seeks to leverage existing interconnect infrastructure with additional generation capacity.

“Country Acres is the second financial closing that we have accomplished with the same group of lenders in the past three months, illustrating the extent of our partnership and cooperation,” said Ilan Goren, GM of Enlight USA. “We look forward to further deepening this relationship as Enlight and Clenera continue the build out of our large US project portfolio.”

“After the successful closing of Roadrunner, BNP Paribas is proud to once again support Clenera and Enlight as Coordinating Lead Arranger on their new landmark project financing of Country Acres,” said Aashish Mohan, Co-Head of Energy, Resources & Infrastructure Americas, at BNP Paribas. “Supporting premier platforms like Clenera squarely fits our energy infrastructure ambitions, and we look forward to growing our partnership with Clenera as they continue to execute on their high-quality U.S. renewables pipeline.”

Nasir Khan, Managing Director & Head of Real Assets and Global Trade Americas at Natixis Corporate & Investment Bankng said, “Natixis is thrilled to close our second transaction with Clenera on another robust renewable energy project financing, which aligns perfectly with our commitment to the energy transition. As Clenera continues to expand its pipeline of large-scale energy projects, we look forward to further strengthening our partnership and providing innovative capital solutions to meet its long-term financial needs.”

“CACIB is proud to partner with Clenera and Enlight once again on a landmark project which will deliver reliable, clean power to SMUD, underscoring our collective objective to provide long term sustainable and affordable power,” said Julien Tizorin – Head of Power and New Energy at CACIB

Sondra Martinez, Managing Director and Head of Originations Nord/LB’s said “Nord/LB is extremely excited to support Clenera and Enlight on the Country Acres financing. This deal demonstrates our commitment to supporting recurring clients as they advance the energy transition and provide affordable power to local communities.”

About Enlight Renewable Energy

Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, win energy storage. A global platform, Enlight operates in the United States, Israel and 10 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its U.S. IPO (Nasdaq: ENLT) in 2023. Learn more at www.enlightenergy.co.il.

Investor Contact

Yonah Weisz
Director IR
investors@enlightenergy.co.il

Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC
+1 617 542 6180
investors@enlightenergy.co.il

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s expectations relating to the Project, the PPA and the related interconnection agreement and lease option, and the completion timeline for the Project, are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” “forecasts,” “aims” or the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to site suitable land for, and otherwise source, renewable energy projects and to successfully develop and convert them into Operational Projects; availability of, and access to, interconnection facilities and transmission systems; our ability to obtain and maintain governmental and other regulatory approvals and permits, including environmental approvals and permits; construction delays, operational delays and supply chain disruptions leading to increased cost of materials required for the construction of our projects, as well as cost overruns and delays related to disputes with contractors; our suppliers’ ability and willingness to perform both existing and future obligations; competition from traditional and renewable energy companies in developing renewable energy projects; potential slowed demand for renewable energy projects and our ability to enter into new offtake contracts on acceptable terms and prices as current offtake contracts expire; offtakers’ ability to terminate contracts or seek other remedies resulting from failure of our projects to meet development, operational or performance benchmarks; various technical and operational challenges leading to unplanned outages, reduced output, interconnection or termination issues; the dependence of our production and revenue on suitable meteorological and environmental conditions, and our ability to accurately predict such conditions; our ability to enforce warranties provided by our counterparties in the event that our projects do not perform as expected; government curtailment, energy price caps and other government actions that restrict or reduce the profitability of renewable energy production; electricity price volatility, unusual weather conditions (including the effects of climate change, could adversely affect wind and solar conditions), catastrophic weather-related or other damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission system constraints and the possibility that we may not have adequate insurance to cover losses as a result of such hazards; our dependence on certain operational projects for a substantial portion of our cash flows; our ability to continue to grow our portfolio of projects through successful acquisitions; changes and advances in technology that impair or eliminate the competitive advantage of our projects or upsets the expectations underlying investments in our technologies; our ability to effectively anticipate and manage cost inflation, interest rate risk, currency exchange fluctuations and other macroeconomic conditions that impact our business; our ability to retain and attract key personnel; our ability to manage legal and regulatory compliance and litigation risk across our global corporate structure; our ability to protect our business from, and manage the impact of, cyber-attacks, disruptions and security incidents, as well as acts of terrorism or war; changes to existing renewable energy industry policies and regulations that present technical, regulatory and economic barriers to renewable energy projects; the reduction, elimination or expiration of government incentives for, or regulations mandating the use of, renewable energy; our ability to effectively manage our supply chain and comply with applicable regulations with respect to international trade relations, tariffs, sanctions, export controls and anti-bribery and anti-corruption laws; our ability to effectively comply with Environmental Health and Safety and other laws and regulations and receive and maintain all necessary licenses, permits and authorizations; our performance of various obligations under the terms of our indebtedness (and the indebtedness of our subsidiaries that we guarantee) and our ability to continue to secure project financing on attractive terms for our projects; limitations on our management rights and operational flexibility due to our use of tax equity arrangements; potential claims and disagreements with partners, investors and other counterparties that could reduce our right to cash flows generated by our projects; our ability to comply with tax laws of various jurisdictions in which we currently operate as well as the tax laws in jurisdictions in which we intend to operate in the future; the unknown effect of the dual listing of our ordinary shares on the price of our ordinary shares; various risks related to our incorporation and location in Israel; the costs and requirements of being a public company, including the diversion of management’s attention with respect to such requirements; certain provisions in our Articles of Association and certain applicable regulations that may delay or prevent a change of control; and other risk factors set forth in the section titled “Risk factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) and our other documents filed with or furnished to the SEC.

These statements reflect management’s current expectations regarding future events and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as may be required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

The MIL Network –

March 31, 2025

Category: Trade

Importance of natural caregivers

CCCE’s caregiving strategy

Missing perspectives

Model and Data Resources Supporting Water-Quality Modeling of Hydrologic Systems

Lidar-Derived Hydrography of Katahdin Woods and Waters National Monument, Maine, 2023

Geochemical Data for Coal Wastes from Historic Anthracite Coal Mining in Pennsylvania, 2024

Water-borne electromagnetic induction, handheld thermal infrared and sediment temperature, chemical, and pressure data collected at Hen Cove, Pocasset, Massachusetts, 2022

Vermont Flood of July 2023 Data

Compilation of surficial geology datasets for southern New England

Cancer risk and estimated lithium exposure in drinking groundwater in the US

Streamflow, water quality, and constituent loads and yields, Scituate Reservoir drainage area, Rhode Island, water year 2022

Groundwater flowpath characteristics drive variability in per- and polyfluoroalkyl substances (PFAS) loading across a stream-wetland system

Water supply in the conterminous United States, Alaska, Hawaii, and Puerto Rico, water years 2010–20

Status of water-quality conditions in the United States, 2010–20

The National integrated water availability assessment, water years 2010–20

Automating physics-based models to estimate thermoelectric-power water use

OIM response to UK Internal Market Act consultation

Documents

Details

Updates to this page

Sign up for emails or print this page

The worst case

Middle ground

Best case