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  • MIL-OSI USA: Opening Remarks at the SEC Town Hall

    Source: Securities and Exchange Commission

    Thank you very much for coming to our first “town hall” meeting together. To those of you here with me at our headquarters in Washington, it is so great to see you. And, let me add an especial welcome to you who are joining from our regional offices around the country.

    I am pleased that we can meet today to discuss the SEC; our important mission on behalf of our fellow citizens, investors, and taxpayers; as well as some of my priorities as your new Chairman.

    First and foremost, I take great pride in saying that it is a new day here at the SEC. We are returning to our core mission that Congress set for us. All of us can recite the familiar three-part mission enunciated by Congress in the Exchange Act:  protecting investors; furthering capital formation; and safeguarding fair, orderly, and efficient markets. We see these phrases on our website, on the walls of this building, in our public pronouncements. They are at the core of what brings us to work every day.

    Investor protection is the cornerstone of our mission—to hold accountable those who lie, cheat, and steal. Capital formation is at the root of what we do. Otherwise, why have the financial markets? Capital formation—building a direct, economical route for investors’ capital to find its way to entrepreneurs and industry that put capital to work to create products and services that people value and willingly pay for, because these products and services make their lives some combination of better, healthier, safer, longer, more fun. This engine of growth employs people, helping them to work and save to achieve their dreams. It is responsible for lifting them out of the poverty that unfortunately has been the traditional state of humanity for millennia.

    We should not overlook the part about fair, orderly, and efficient markets. Congress calls on us to ensure that our regulations balance costs and benefits, that they do not become too burdensome that they add needless friction to the marketplace, undermining the capital formation that yields so much benefit.

    But, what if the SEC’s leadership has directed the agency, which oversees and is responsible for the markets, to lose its own fairness, orderliness, and efficiency? Does that undermine the markets’ own approach if their policeman comports itself with inconsistent values? Predictability, due process, rule of law, integrity are all part of what create respect and project a sense that one can get a fair shake without vindictiveness or ulterior motives.

    Unfortunately, in the last four years until January, the SEC’s long-held reputation has suffered in that vein.

    Two weeks ago today, I was sworn in by Secretary of the Treasury Scott Bessent in the Oval Office with President Trump; my family was by my side. It was an optimistic moment in the Oval.

    I am honored by the trust and confidence that the President and the Senate placed in me to lead the SEC.

    There are so many people to whom I am thankful for helping make my appointment by President Trump even possible.

    As you know by now, I was a Commissioner from 2002 to 2008, after serving on the staff of two chairmen – Richard Breeden and Arthur Levitt. My time in public service and the private sector, both earlier in my career and more recently, have allowed me to see firsthand how regulations affect markets and investors. They can stoke innovation, facilitate investment goals, and create opportunities—or burdens—on businesses’ ability to compete and serve their customers.

    So, how we implement regulations at the SEC is crucial; it is one thing to write a regulation, quite another for it to achieve its intended goal. Regulation ideally should be smart, effective, and appropriately tailored within the confines of our statutory authority.

    It takes market experience and focused application to ensure that customers and investors of financial services firms benefit from efficient, effective, and well-designed regulation. Our goal at the SEC should be to facilitate those efforts, analyze their effectiveness, and use our enforcement power to cure and rectify wayward actions.

    In short, clear rules of the road benefit all market participants.

    Returning to this agency has been a pleasure. I have very much enjoyed seeing all the friendly faces, meeting with staff, and reconnecting with many colleagues I remember from years ago.

    I know from my own experience that the SEC’s longstanding reputation for its dedicated and highly skilled professionals is justly deserved. Your knowledge and expertise continue to impress me. I want you to know that I value and appreciate you.

    It is a high calling to work every day to protect investors, facilitate capital formation, and maintain, fair, orderly, and efficient markets. Thank you for your commitment to our mission.

    I am grateful to Commissioner Uyeda—who once upon a time was my counsel—for his stewardship of the agency from January to April, a very productive three months. Thank you, Commissioner Uyeda.

    As we look ahead, I am confident in the direction of our work. My experience over the decades will naturally inform my approach as Chairman. I told the press—who were peppering me with questions during the last crypto roundtable—that I have a list of priorities as long as my arm that I would like to achieve.

    It should be no surprise that high on that list is a sensible approach toward crypto. From 2017 until my nomination, I worked to help develop best practices for the digital assets industry and saw firsthand how ambiguous or nonexistent regulations in this space created uncertainty and inhibited innovation. That lack of regulatory framework also invites fraud.

    A top priority for me will be to tackle regulatory treatment of digital assets and distributed ledger technologies, providing a firm regulatory foundation through a rational, coherent, principled approach.

    I thank Commissioner Peirce, our own “Crypto Mom,” who is working hard on this issue.  I am proud to say that she also was once upon a time my counsel when I was Commissioner. She is known for her principled and tireless advocacy for common-sense policy. I am confident that she is the right person to lead this effort to come up with a rational regulatory framework for crypto asset markets.

    I am pleased with the efforts of the Crypto Task Force and the three roundtables it has held so far on defining security status, tailoring regulation for crypto trading, and custody considerations. I look forward to the input from industry and additional public feedback we will get during the next two roundtables on the topics of tokenization and decentralized finance.

    This is important work. Entrepreneurs across the United States and around the world are harnessing blockchain technology to modernize aspects of our financial system. I expect huge benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation.

    This is a pivotal moment for our economy. Entrepreneurs, businesses, and individuals here at home and across the globe are eager to invest in America.

    We will work together to protect investors from fraud, keep politics out of how our securities laws and regulations are applied, and advance clear rules of the road that encourage investment in our economy to the benefit of all Americans.

    We will work together to ensure that regulations promote capital formation rather than stifle it. We will work together to ensure American investors get disclosures that actually help them understand the true risks of an investment.

    Together, we will make every effort to ensure that the U.S. is the best and most secure place in the world to invest and do business. Americans should always feel utmost confidence when investing their hard-earned dollars to save and provide for their future and the future of their families.

    I cannot say that the current times are not without uncertainty. Many of you have expressed your uncertainty to me. What will the course of the agency be? Will there be further cuts in headcount? Will we maintain regional offices?

    I am in my third week at the SEC—my 10th working day is today. I thank Commissioner Uyeda for his work during the transition time to straighten out some urgent policy issues that we faced in the courts and some organizational issues as the new Administration came into office.

    As we look forward, I am counting on Commissioner Peirce’s continued leadership of the Crypto Task Force. I would like Commissioner Uyeda to be an ambassador to IOSCO since I have enough to focus on at home. I also am happy to say that Commissioner Crenshaw has agreed to take on the SEC’s administrative law framework and procedure in light of the two Supreme Court rulings that in effect oblige us to rethink and reform this area. It is high time that we take that task to heart.

    We have had departures—many of our former colleagues accepted retirement or separation offers. I count many of them as old friends, and I salute their service over many years.  The Offices and Divisions have decreased headcount by 15% since the beginning of the current fiscal year. These departures leave vacancies that in many cases need to be filled. When I left the agency in 2008, we had approximately 3,600 employees. At our height a year ago, we had approximately 5,000 employees plus 2,000 contractors. Today we are at approximately 4,200 employees and 1,700 contractors.

    Tomorrow we will begin a process to review our technology infrastructure and our contractual obligations. This review is long overdue—call it a spring cleaning and reassessment of contracts, especially regarding information technology. We need to see what we have, where our vulnerabilities are, and how we can shore up and improve our systems.

    We will work on optimizing our efficiency. There will be targeted, common-sense reorganization to come. We also have leasing issues to be resolved—notably in Los Angeles and Philadelphia. I am working on those issues and share your concerns. Unfortunately, about 11 years ago, the agency precipitously surrendered to the General Services Administration its control over leasing, which Congress specifically granted the SEC in the Exchange Act. That action puts me in a weaker position today.

    Let me say unequivocally that I firmly believe in our regional office concept. We cannot and should not have everyone in Washington and New York. Risk management, human resource development, and practicality for our examination teams (to focus on one example) provide ample reinforcement for that position.

    I also want to salute our regional teams for their expertise and collaboration across offices to find the best resources to assign to matters. At least one direct experience that I had in the past year in which my firm was an independent compliance consultant indicates that the SEC has advanced quite a bit in this coordination over the past couple of decades. Two of our SEC colleagues from the Miami office with necessary, specific expertise played a key role in uncovering problematic activity of a Philadelphia asset manager by meticulously analyzing trades—going back to the trade blotters—to build a case.

    As I said at the outset of my remarks today, it is a new and brighter day for the SEC.

    I am here to work, with each of you, on behalf of American markets and investors. We will work with our colleagues in the Administration, especially other financial services regulators, notably the CFTC and banking regulators, and, of course, with Congress to bolster the economy and build on U.S. leadership of the global markets.

    Thank you for all that you do each and every day to advance our mission.

    If you are joining us remotely today, thank you for participating. I look forward to interacting with you in person in the near future. For those of you here at headquarters, please join me for some refreshments right outside.

    Thank you.

    MIL OSI USA News –

  • MIL-OSI Global: Secrets of the Thames: mudlarking treasures showcase history of London’s river and the people who scour its banks

    Source: The Conversation – UK – By Thomas Lucking, PhD Candidate in History, University of East Anglia

    Twice a day, every day, the tides of the River Thames rise and fall, revealing a foreshore that, in the middle of London, has been a focus of human activity for millennia.

    Making use of the limited windows of time in which the riverbank is exposed, devoted hobbyists known as mudlarks scour the river’s edge for historic and interesting finds. The mudlarks, through their dedication, have assembled impressive collections of objects, each of which adds yet another small piece of London’s history to the archaeological record.

    Secrets of the Thames, a new exhibition at the London Museum Docklands presents an insight into the fascinating world of mudlarking. It draws together more than 350 finds recovered from the river alongside the stories, insights and experiences of the mudlarks themselves.

    The result is an engaging exhibition that makes use of the objects on display to tell the story of the Thames and London through time, and the people who search for them, giving the visitor an all-round insight that goes beyond being a room of objects in cases.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    The objects on display are more than simply a group of interesting items – although there are certainly plenty of objects that require time and attention to fully appreciate.

    They are also a record of the ways the Thames has been used and viewed over the years. And together, they tell the story of the mudlarks that put the hours into finding these objects. For those who wish to see a variety of the more ancient objects from London, this exhibition tides things over until the London Museum Smithfield opens in 2026.

    The beginning of the exhibition explores the history of mudlarks on the Thames. The term was coined in the late 18th and 19th centuries to refer to the poor who scavenged for objects such as scrap metal and coal.

    Historic accounts, paintings and other objects provide glimpses into this time, including descriptions of some of these early mudlarks. Their stories and motivations for being on the Thames contrast sharply with the mudlarks of today. Those early mudlarks were effectively scavenging to survive. But over time an appreciation of the number of historic objects revealed by the tides saw mudlarking evolve into a hobby for those who wanted to search for small pieces of the city’s history.

    Today, a permit is needed to mudlark on the Thames, provided by the Port of London Authority (PLA).

    The changing ways the Thames has been used and viewed over time is revealed in the next space. Displays are arranged to showcase objects exploring different themes, including the river as a place of religious significance, a place of travel and trade and a place to dispose of the countless tons of rubbish generated by the inhabitants of London down the centuries.

    Indeed, the cases themselves sit within a reconstructed foreshore having seemingly been washed across the room by the tidal waters, complete with historic and not-so-historic objects emerging from the mud. The objects on display cover a wide timescale, from prehistoric flint tools through to modern religious offerings, all of which have been pulled from the mud of the Thames.

    Modern mudlarks

    It is in the next space that the modern mudlarks themselves are brought into sharper focus. A mock-up of someone’s home display, complete with drawers filled with a range of objects, hints at the dedication and organisation required for these searchers.

    Video interviews with mudlarks are played, explaining the enjoyment they take from their wanderings on the river. Alongside is a display explaining the role of the Portable Antiquities Scheme in recording the objects, preserving the information and context of where they were found. Each object adds a piece to the archaeological jigsaw.

    Underlying all of this is the tidal nature of the Thames, which both continually turns the foreshore and allows access for the mudlarks. A large model of the moon provides a space to sit and reflect at the end of the exhibition. A further small room shows a video of mudlarking on the Thames, allowing visitors to immerse themselves into the sight and sounds of the river. It offers an understanding of why people are drawn to its banks.

    The overall impression of the exhibition is a mixture of appreciation for the variety of objects that have been recovered from the river, with every aspect of human life represented.

    The thematic approach taken to displaying many of the objects brings the shared habits and customs of human life down the centuries to the fore. In objects such as the Roman jewellery, we see items that would look perfectly at home being worn by anyone walking the banks of the Thames today.

    The modern human connection with the river is also clear to see through the mudlarks, whose dedication gives them a unique perspective on what may at first glance appear to be a muddy riverbank, but through their searching, reveals a far richer and deeper history.

    Secrets of the Thames is at the London Museum Docklands until March 1 2026.

    Thomas Lucking is an AHRC-funded PhD researcher.

    – ref. Secrets of the Thames: mudlarking treasures showcase history of London’s river and the people who scour its banks – https://theconversation.com/secrets-of-the-thames-mudlarking-treasures-showcase-history-of-londons-river-and-the-people-who-scour-its-banks-256006

    MIL OSI – Global Reports –

  • MIL-OSI Global: Russia looks to frame war as an inevitable part of life on Victory Day

    Source: The Conversation – UK – By Jennifer Mathers, Senior Lecturer in International Politics, Aberystwyth University

    Russia celebrates the 80th anniversary of the Soviet victory in the second world war on May 9. But while the cameras will focus on the assembled ranks of elderly war survivors watching the military parade in Red Square, Moscow, the focus of senior officials is on Russia’s children and young people.

    Patriotism in Vladimir Putin’s Russia is built on exaggerated respect for key moments in the country’s history. These moments have been chosen to create a specific story about Russia. This is a story about Russia’s military might, the ability of its citizens to endure almost unimaginable suffering for the motherland, and the inevitability of victory over its enemies.

    Victory Day gives the Kremlin a chance to retell that story. It also allows the state to assure Russians that they, like their ancestors, will be victorious in the so-called “special military operation” in Ukraine. Moscow describes this war as the modern-day equivalent of the fight against Nazi Germany.

    With fewer witnesses to that historic victory still alive, the Kremlin’s ability to manipulate society by drawing on this important memory depends on the willingness of the next generation to embrace the state’s official history. And Russian political figures are worried that young people nowadays are disconnected from their heritage.

    A poll conducted in December 2022 by the Russian Public Opinion Research Centre found that 76% of Russians aged 14 to 24 believe they have a good understanding of the history of their country. But the results of an alternative poll from June 2023 show that 70% of Russia’s young people do not know enough about their nation’s history.

    Vladimir Medinsky, the chairman of the Interdepartmental Commission of Historical Education of Russia, reflected on the issue at a forum on how to interest young people in Russian history in 2023. He said: “What needs to be done to make our children interested in history? To make interesting historical performances, to make historical films.”

    Russia’s leaders seek to address this perceived disconnect through military patriotic education. This is a system of surrounding children and young people with state-approved messages about Russia’s historic military victories and the role of its armed forces in making their country respected – and feared – around the world.

    These messages are conveyed through textbooks and in lessons at school. But one of the challenges for the Russian state is finding ways of making this material attractive enough for young people to want to engage with it.

    Putin himself has indicated that he understands this challenge. At a meeting with the Russian non-profit society Znaniye (Knowledge) on April 30, the Russian president argued that “it is crucial to have both an opportunity and skills to communicate the truth about past years and decades: sincerely, compellingly and – if I may say so – in a way that truly resonates”.

    Patriotic youth groups are an important vehicle for delivering military patriotic education in fun and exciting ways. These groups organise activities including games and competitions, as well as more immersive activities such as role-playing and re-enactments. These activities are designed to create a deeper engagement with the events of the past.

    One group, Victory Volunteers, emphasises collecting personal accounts from war veterans to add to the historical record. It also actively brings young people and war veterans together so that the heroes of future wars can be inspired by real-life stories of wartime heroism.

    Listening to these first-hand testimonials is intended to enable young people to deepen their understanding of the experience of war, including its hardships and tragedies.

    Yunarmiya (Young Army) is probably Russia’s best-known military patriotic youth group. It works with young people to develop their appreciation of history. But its focus on dressing its members in uniforms and training them in practical military skills has captured the attention of the world’s media.

    These skills include military-style activities such as marching in formation, learning how to assemble and disassemble weapons, and how to fire them.

    The Russian state also supports military patriotic education through the presidential grants fund. Hundreds of charities, youth groups and local societies apply to the fund twice a year, with the winners reportedly chosen by Putin himself.

    Many of the successful applications involve activities to raise young people’s awareness of historical memory, especially the memory of war.

    In 2022, for example, the historical reconstruction club Volnitsa received funding to organise a memorial march “in the footsteps of the winners” to mark the 80th anniversary of the liberation of the Bogucharsky region of Russia (near the border with Ukraine) from Nazi occupation.

    The successful application emphasised the emotional intensity of the reenactment and its educational effects on young participants.

    Events like the 80th anniversary of Victory Day have a significance for the Kremlin that goes beyond the speeches, parades and pageantry of the day itself. They are part of an effort by the Russian state to shape the expectations and behaviour of the next generation of its citizens.

    By encouraging young people to feel a personal connection to Russia’s history of war, Moscow hopes to ensure that society will regard war as an inevitable part of life. The scale of this effort suggests that Putin and other senior officials anticipate the need for a society willing to make sacrifices so that Russia can achieve victories in future wars.

    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. Russia looks to frame war as an inevitable part of life on Victory Day – https://theconversation.com/russia-looks-to-frame-war-as-an-inevitable-part-of-life-on-victory-day-255751

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: New nursing team to support end-of-life patients08 May 2025 ​A new team of nurses, who will support Islanders with life-limiting illnesses and their families to live well, will start next month [June]. The Living Well team will help to co-ordinate care for patients… Read more

    Source: Channel Islands – Jersey

    08 May 2025

    ​

    A new team of nurses, who will support Islanders with life-limiting illnesses and their families to live well, will start next month [June].

    The Living Well team will help to co-ordinate care for patients who are in their last 12 months of life – addressing everything from their physical needs to their spiritual, psychological and social wishes. 

    The appointment of the team is the latest milestone to be achieved by the End-of-Life Partnership – a group made up of Health and Care Jersey, Jersey Hospice Care and several organisations across the Island involved in caring for Islanders who are on their end-of-life journey.

    And to celebrate the achievements of the Partnership, as well as to encourage Islanders to talk about death and dying, a pop-up event will be held in town next week [15 May]. 

    The Living Well team, who will be based at Jersey Hospice but will work across the community and in Jersey General Hospital, embodies key elements set out in the Palliative and End-of-Life Care Strategy for Adults in Jersey, including collaboration among health and care providers and a focus on personalised care and individual needs and wishes.

    Rose Naylor, Director of Palliative Care Services at Jersey Hospice Care, said: “This is very much a welcomed development for Islanders especially as we know life can change quickly after a life-limiting diagnosis, and it is normal for people to feel overwhelmed.

    “The Living Well Team of experienced nurses will support Islanders and their families from the point of diagnosis with whatever matters most to them – whether that is managing symptoms, talking through worries, or helping with practical concerns. They will work alongside other health and care providers to support care that is co-ordinated and enables the person to live well in a way that is right for them.” 

    Another success that the group is celebrating is the appointment of a doctor and two nurse educators to provide health and care workers as well as family carers with the skills needed to deliver holistic and compassionate care for dying Islanders. The need for such training was identified in the strategy.

    Under the training, healthcare workers are taught about advance care planning and the importance of having early conversations with patients to learn how they wish to be cared for as their illness progresses. They also learn about symptom control so they can help ease a person’s symptoms such as pain, and nausea, to give a patient, the best quality of life. 

    The new services are funded in partnership between Jersey Hospice Care and HCJ. The funding provided though HCJ was allocated by the States Assembly in a previous Government Plan to enhance palliative and end of life care.

    Organisations involved in the Partnership Group will discuss the services that they offer at a pop-up stand at Charing Cross on Thursday 15 May. Jersey’s celebration event follows on from Dying Matters Week – a national week held between 5 and 11 May which aims to break down the taboo of talking about death and dying.​​

    Dr James Grose, chair of the End of Life Care Partnership Group and doctor undertaking the medical educator role, said: “I’m incredibly proud of the work that has been achieved by the Partnership Group. The establishment of the Living Well team, along with the appointment of the educator roles, shows we have made meaningful strides in being able to provide the best possible end-of-life and palliative care for Islanders. 

    “I hope Islanders take the opportunity to find out more about the Partnership and the work that we have been doing by visiting our pop-up stall this week.”

    ​

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Manchester City Council appoints new Strategic Director of Children’s and Education Services 

    Source: City of Manchester

    Manchester City Council is pleased to announce that Sean McKendrick has been appointed to the role of Strategic Director of Children’s and Education Services. 

    As strategic director, Sean will be part of the Council’s senior leadership team responsible for the care and stewardship of children and young people across the city, as well as spearheading initiatives that will improve the lives of young people as they grow up in Manchester, supporting their long-term happiness and prosperity. 

    During the rigorous external recruitment process a range of engagement sessions took place including a Youth Panel interview, and visits to a family hub, a local school and Manchester Youth Hub, providing Sean the platform to demonstrate the skills which meant he was the right candidate for this role. 

    Sean has been serving as the Council’s acting strategic director of children’s and education services since May 2024. 

    With close to three decades of experience working in children’s services and local government, Sean has a proven track record of being able to deliver high quality family-focused services which improve outcomes for children and young people. 

    Qualifying as a social worker more than 30 years ago he began his extensive and varied career in Glasgow working for the city council there. In Glasgow he played a lead role in  the integration of health and social care, led significant transformation in youth justice services and played a national role in influencing legislation and Scottish Government policy in its approach to working with women involved with  the criminal justice system.

    Sean joined Manchester City Council in 2017 as the Council’s Deputy Strategic Director for Children’s Services. He led a service and partnership approach which oversaw significant practice and service change and remains focussed on continuous service improvement. 

    Councillor Bev Craig, Leader of Manchester City Council said: “Sean has done a fantastic job as our interim director and I am delighted to welcome him into the role on a permanent basis. Sean brings both experience and insight to the role and I am confident that he will be a great asset to our senior leadership team. 

    “We recently launched our 10-year strategy for the city, based on the thoughts and ambitions of more than 10,0000 Mancunians, who told us what they wanted for the future of themselves and their families. It puts children front and centre of our priorities over the next ten years and commits to making every one of them feel that their health, wealth and happiness are improved because they are Mancunian. 

    “We have big ambitions in Manchester, and we know all too well how important it is that we foster and support the next generation of Mancunians. Whether it is our work to being a UNICEF recognised Child Friendly City, or the recent commitments we set out in the Our Manchester Strategy 2025-2035, we know that any future success we all share has to start with the youngest in our society.” 

    Sean McKendrick, Strategic Director of Children’s Services and Education said: “I am incredibly honoured and proud to have been appointed to this role. Manchester means a great deal to me especially as the values and ambitions it has for children and its residents align closely to my own. I want to make sure that every child growing up here feels safe, heard, cared for, healthy and able to live their best lives. I look forward to guiding that ambition recognising the value young people play in realising these ambitions. 

    “I have devoted my professional career to supporting, championing and helping young people I am looking forward to leading our service and partners in the next stage of our improvement.” 

    Chief Executive of Manchester City Council, Tom Stannard, said: “Sean was the outstanding candidate for this role and his track record spoke for itself when the time came to make this appointment.  

    “He shows a deep understanding of both the opportunities and challenges that we face in Manchester and gave us confidence that working alongside our partners he will be able to lead further improvements in services for children and families in Manchester, building on the excellent record of improvement he has led in the City since 2017. 

    “We know this will be a big task however based on his experience and clear passion for this job I have every confidence that he will succeed over the years to come, and I look forward to working with him as part of Manchester’s new Corporate Management Team.” 

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Marat Khusnullin: Road workers have improved the area around 20 monuments in historical regions

    Translation. Region: Russian Federal

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

    In the reunited regions, for the anniversary of the Victory, road workers are tidying up the areas near memorial sites along the roads that are under repair. For example, the state company Avtodor alone has improved about 20 such spaces, Deputy Prime Minister Marat Khusnullin reported.

    “From the very beginning of the Great Patriotic War, the capture of Donbass was one of the goals of Nazi Germany. Despite the fierce resistance of the Red Army, the Nazi occupation of the cities and villages of the mining region began in October 1941, and lasted until the end of September 1943. In memory of these and other events, many memorials have been created in the territory of all four new regions. Road workers are also involved in their improvement. In the DPR, the area around six monuments has been tidied up, in the LPR – around nine. In the Zaporizhia region, work was carried out along the Tokmak-Chernigovka highway,” the Deputy Prime Minister said.

    In Mariupol, the villages of Vasilyevka and Razdolnoye, as well as other settlements of the DPR, sidewalks were paved. In Chervona Polyana of the LPR, the territory was cleared, concrete surfaces were repaired and painted, damaged reinforced concrete slabs were replaced near the monument to Soviet soldiers near the village of Verkhnyaya Pokrovka, and parking areas were arranged.

    “For us, this is not just landscaping work. The roads that we repair in the reunited regions are a connecting thread that preserves an important part of the historical memory of our country. We remember, are proud and cherish the feat of those who built the roads leading to Victory. Now it is our turn to build a peaceful future for the country. For residents of the regions and those wishing to honor the memory of the soldiers, we have arranged sidewalks and parking pockets, and also carried out landscaping of the territory near the memorials,” added Vyacheslav Petushenko, Chairman of the Board of the State Company Avtodor.

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

    MIL OSI Russia News –

  • MIL-OSI: Occupancy Analytics Leader Lambent Adds Two Higher Ed Veterans to its Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 08, 2025 (GLOBE NEWSWIRE) — Occupancy analytics software company Lambent today announced the addition of two new members to its Board of Advisors. Robert Wynkoop, Vice President of Operations and Finance at Covenant College, and Maria O’Callaghan-Cassidy, former Senior Associate Vice President, Campus Operations at the University of Richmond, join Lambent’s advisory board to help build on the company’s success working with higher education institutions and corporations. Both bring an invaluable perspective on how occupancy analytics can help optimize organizations’ approaches to real estate investment and space management while also providing employees, students and visitors with the best possible experiences in those spaces.

    “Rob and Maria both bring a great mix of operational and finance experience across higher education, government and corporate real estate,” said Julie Roberts, Lambent’s Co-Founder and Chief Strategy Officer. “Rob also has first-hand experience and success with the Lambent Spaces platform. That combination provides a really valuable perspective as we look to expand the value and footprint of our solutions across corporate and higher ed campuses.”

    In his role as Vice President of Operations and Finance at Covenant College, Wynkoop oversees finance and accounting, business operations, facilities and maintenance, human resources, and technology services. Before joining Covenant in 2024, he spent 11 years at Purdue University, where his team managed space administration, real estate and development, logistics and procurement services on campus and at the Purdue University Airport, the Purdue Memorial Union, and Purdue Conferences. While at Purdue, Wynkoop oversaw the implementation of the Lambent Spaces occupancy analytics platform that currently helps manage over one million square feet on its West Lafayette campus. That implementation has assisted Purdue in avoiding approximately $30 million in operating expenses through better space utilization. Earlier in his career, Wynkoop served at the Indiana Department of Administration (IDOA) under Governor Mitch Daniels, holding the position of commissioner from 2010 to 2013.

    O’Callaghan-Cassidy brings extensive experience in higher education facilities management and campus operations. Most recently as Senior Associate Vice President of Campus Operations at the University of Richmond, she led a team of 400+ professionals across dining services, campus business services, facilities operations, architecture and campus operations budget and finance. Previously, she spent 25 years at The Wharton School where she rose through the ranks from Manager of Scheduling and Facilities Services to Senior Director of Operations to Executive Director of Design & Construction and Facilities Planning and Operations.

    About Lambent
    Lambent is an occupancy analytics software company helping corporate and higher ed campuses optimize space utilization, facilities operations and real estate investments. Its SaaS platform, Lambent Spaces, leverages existing data sources such as Wi-Fi and sensors to provide anonymous and predictive analytics to inform decisions related to utilization, workplace experiences, planning, scheduling, and maintenance. The software delivers actionable intelligence so facilities professionals and space planners can make better use of the spaces they have. For more information, visit https://lambentspaces.com/.

    The MIL Network –

  • MIL-OSI: Beeline’s New Affiliate Network to Target 200,000 Realtors and Creators, Accelerate Real Estate Investor Lending

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, May 08, 2025 (GLOBE NEWSWIRE) — Beeline, (NASDAQ: BLNE) a next-generation digital mortgage lender focused on transforming real estate investment financing, today announced the launch of its Realtor and Content Creator Partner Program. The initiative is designed to accelerate origination growth in Debt Service Coverage Ratio (DSCR) mortgages—one of the fastest-growing segments in investor lending.

    The program empowers affiliates—including licensed real estate professionals and digital creators—with a custom referral platform to drive DSCR mortgage applications. Each affiliate receives a unique referral link, enabling their network to quote and apply directly through Beeline’s platform.

    DSCR loans are underwritten based on rental income from the property rather than the borrower’s personal income, making them especially attractive to real estate investors and short-term rental operators. Over one-third of Beeline’s current volume consists of DSCR mortgages, supported by proprietary tech and expert Loan Guides who think and act like investors themselves.

    “This program gives forward-thinking realtors and creators a way to plug into our engine—and generate income—by connecting their audiences to a platform that actually performs,” said Nick Liuzza, CEO of Beeline. “We’re not repackaging an old process. We’ve reimagined mortgage lending for today’s investors, and this initiative is a natural extension of our growth strategy.”

    Beeline’s Net Promoter Score (NPS) currently exceeds 80—more than 4x the industry average—underscoring customer trust and satisfaction. Reviews consistently cite Beeline’s speed, transparency, and DSCR expertise as competitive differentiators.

    With this program, Beeline is strategically merging the credibility of licensed real estate agents with the distribution power of modern content creators to unlock scalable, cost-effective growth in a high-margin loan category.

    About Beeline
     Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Contact:
    ir@makeabeeline.com

    The MIL Network –

  • MIL-OSI: Pacvue Appoints Ross McNab as Chief Revenue Officer to Accelerate Global Growth

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) — Pacvue, the leading commerce acceleration platform that integrates retail media, commerce management and measurement, today announced the hiring of Ross McNab to Chief Revenue Officer, where he will continue to drive the company’s overall growth strategy and expansion. Most recently, McNab was Chief Revenue Officer at Vistar Media, and has held executive roles at Cardlytics and MediaMath.

    “Our vision of connecting and powering the global retail media ecosystem is bold—and achieving it requires exceptional talent that can help us scale with speed and impact,” said Rahul Choraria, CEO of Pacvue. “Ross has a proven track record of scaling revenue and leading high-performing teams around the world. His expertise will be instrumental in our next phase of growth.”

    Under McNab’s leadership, Vistar Media’s US and international revenue grew 50%, ultimately leading to a $650M acquisition by T-Mobile. Through his work at Cardlytics and MediaMath, McNab has driven profitable growth by evolving businesses from transactional sales to long-term partnerships. Cardlytics revenue almost doubled during his tenure, despite turbulent market conditions, by creating proven value for both Marketer and Financial Institution partners. At MediaMath, he focused the US commercial model on SaaS, winning industry-leading clients like AT&T and P&G against category giants.

    “Pacvue has played a significant role in driving innovation in commerce and retail media forward,” said McNab. “Their ability to stay ahead of market shifts and deliver tangible results for clients is unmatched. I’m thrilled to combine my experiences with the talented team at Pacvue to keep pushing boundaries. Our focus will remain on putting clients first while scaling smart, high-impact commercial strategies that drive outsized results.”

    In addition to the hiring of McNab, Pacuve is promoting Sunava Dutta to Chief Product Officer. Previously the Senior Vice President of Product for Pacvue’s Enterprise Division, Dutta was instrumental in bringing new AI-powered tools to market. Pacvue also promoted Zoe Lu to Executive Vice President and General Manager of Helium 10. She previously served as Senior Vice President and General Manager, where she led the product and commercial teams.

    “At Pacvue, we invest in game-changers, and Sunava and Zoe are prime examples,” said Melissa Burdick, Co-founder and President. “They’ve been instrumental in our growth, and we’re excited to see them take on new challenges and lead Pacvue to even greater heights.”

    Visit Pacvue.com to learn about its latest commerce solutions and recent company developments.

    About Pacvue:
    Pacvue is the leading commerce acceleration platform that integrates retail media, commerce management and measurement. The company’s first-to-market platform drives incrementality, profitability and market share for brands, while turning insights into actionable recommendations. Backed by a global team of experts, Pacvue works with over 70,000 brands and agencies across 95+ retailers worldwide including Amazon, Walmart, Target and Instacart. With the incorporation of Pacvue’s enterprise solution with Helium 10 for SMBs, Pacvue is now the most comprehensive commerce and retail media platform available in the market. Founded in 2018, their global presence includes locations in Seattle, New York, Los Angeles, Washington DC, London, Shanghai and Tokyo. For more information, visit www.pacvue.com.

    Media Contact:
    Scott Samson
    SamsonPR
    scott@samsonpr.com
    415.781.9005

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5682e899-95bb-49f0-8a71-b6a848e2b30a.

    The MIL Network –

  • MIL-OSI: Allied Energy Corporation Advances Gas Supply Infrastructure to Support Bitcoin Mining Partner at Thiel Site

    Source: GlobeNewswire (MIL-OSI)

    • AGYP advances gas-to-power site for sustainable Bitcoin mining operations
    • Trapped gas converted to energy for off-grid AI & data infrastructure
    • Thiel site prepares final testing and computing equipment delivery
    • Natural gas solutions support decentralized computing and edge centers

    CARROLLTON, Texas, May 08, 2025 (GLOBE NEWSWIRE) — Allied Energy Corporation (OTC: AGYP) (”AGYP”), a Texas-based energy company focused on revitalizing underutilized domestic oil and gas resources, is pleased to provide a project update from the Thiel site where AGYP and its partner, Louis Energy Inc., are building out the infrastructure to deliver natural gas to support off-grid computing applications for Louis Energy Inc.

    Key Infrastructure Achievements: Turning Trapped Gas into a Strategic Asset

    AGYP and Louis Energy Inc. have been actively preparing the Thiel site to safely and efficiently channel natural gas to mobile containers for high-density computing. Completed milestones include:

    • Delivery of second modular computing container
    • Installation of on-site mobile office
    • Electrical installation preparation between Generator 2 and Container 2
    • Perimeter security fencing underway
    • Gas supply systems under validation
    • Generator test scheduled (pending P-5 approval)
    • On-site technicians conducting diagnostics and testing

    Planned Operational Advancements: Preparing for Final Integration

    AGYP is entering the final phase of its infrastructure buildout at Thiel, including:

    • Final cable installations and system optimization
    • Delivery of 10 pallets of computing equipment scheduled for next week
    • Wi-Fi connectivity via Starlink
    • Generator testing and operational clearance
    • Surveillance system installation
    • Gas system gauges and fittings to be pressure tested

    Once regulatory approvals are received, the site will begin formal gas-to-power operations.

    The Bigger Picture: Trapped Gas – An Untapped National Resource

    Stranded and flared gas—once considered a waste byproduct—is rapidly gaining traction as a sustainable, low-cost power source for decentralized infrastructure. AGYP’s work at the Thiel site is part of a broader push to transform U.S. energy usage:

    Use Cases for Trapped Gas Beyond Data Mining:

    • AI & Machine Learning Compute Farms – Powering high-density GPU systems
    • Agritech – Supporting controlled-environment agriculture in remote areas
    • Hydrogen Production – Fueling clean hydrogen from hydrocarbon sources
    • Remote & Emergency Operations – Delivering mobile energy to military and disaster response sites
    • Rural Electrification – Bringing energy to underserved communities through microgrids
    • Data & Edge Centers – Supporting low-latency applications with local infrastructure

    National Opportunity:

    • Over 1.4 billion cubic feet/day of gas is flared or vented in the U.S.
      (Source: U.S. Energy Information Administration, 2024)
    • Enough trapped gas exists to power over 10,000 MW of digital infrastructure
      (Source: Digital Wildcatters & Giga Energy)

    States like Texas, North Dakota, New Mexico, and Wyoming are seeing regulatory and ESG-driven momentum to utilize this untapped energy source.

    “We’re positioning AGYP at the center of a new energy economy—where natural gas isn’t wasted but redirected toward powering real-world innovation,” said George Montieth, CEO of AGYP.

    What’s Next for AGYP?

    With Thiel nearing full operational status, AGYP is actively exploring additional partnerships and deployment models to expand its gas-to-power strategy to other high-potential sites. In addition, further updates regarding the company’s carbon capture, gas monetization, and off-grid computing ventures will be provided in the coming months, as previously outlined in AGYP’s February 27, 2025 update.

    AGYP remains committed to turning America’s trapped gas into a strategic energy advantage.

    About AGYP:

    Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing ‘existing’ oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing (“fracking”), drilling of lateral (“horizontal”) legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America (“IPAA”) – “With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America’s true strategic petroleum reserve.”

    Safe Harbor Statement:

    This press release may contain certain forward-looking statements that are within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “potential” and similar expressions. These statements reflect the Company’s current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.

    Contact:

    Allied Energy Corporation
    Phone: 972-632-2393
    Email: info@alliedengycorp.com
    X: https://x.com/AlliedEnergyCo1

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/805afac9-47b6-422a-a74e-41ed9df311b3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bf09204b-baac-49fe-974f-47b7e199e3a5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/11283726-53b0-48cf-9160-09bcd53a59ec

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2a26cbf3-3990-4f81-8304-8e79d831567a

    The MIL Network –

  • MIL-OSI: Micropolis Unveils Advanced Border Control Robots at Airport Show 2025 in Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 08, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today unveiled new specialized border control versions of its M1 and M2 robotic mobility platforms at the Airport Show 2025, the region’s leading annual event dedicated to the airports industry, being held on May 6-8 in Dubai. These cutting-edge autonomous vehicles were presented to the UAE National Guard as part of a new pilot initiative aimed at enhancing national border protection capabilities.

    Micropolis is working closely with the UAE National Guard, the official entity overseeing border control across the Emirates, to evaluate the deployment of robotic patrol systems designed to operate in high-security zones, including airports and land checkpoints. These robots are equipped with advanced surveillance sensors, AI-driven behavior analysis, and autonomous navigation systems, enabling them to detect, deter, and report potential threats with minimal human intervention.

    “This marks a pivotal milestone in our defense and homeland security initiatives,” said Fareed Aljawhari, CEO of Micropolis Holding Co. “By integrating robotics into border control operations, we are reshaping the future of national security with intelligent, scalable, and fully autonomous technology.”

    Robotic Platform Highlights:

    • M01 – Designed for open road operations with speeds ranging between 40-47 km/h, making it ideal for faster-paced environments and longer-distance travel.
    • M02 – Crafted for more enclosed settings with a speed range of 10 to 15 km/h, making it ideal for safe, low-speed operations in pedestrian-rich areas.

    The launch comes at a time when governments and security agencies worldwide are increasingly turning to AI-powered systems to improve operational efficiency and reduce dependency on manual surveillance. The Airport Show 2025, a globally recognized event for aviation and security technologies, served as the ideal platform for introducing this innovation to key defense and aviation stakeholders.

    Micropolis continues to expand its global footprint in the security, defense, and smart mobility sectors. The Company remains committed to pioneering autonomous technologies that address some of the world’s most pressing security challenges.

    About Micropolis Holding Co.
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2b68b867-8839-45a1-8a1f-273572319218

    The MIL Network –

  • MIL-OSI: Multimodal AI at a Crossroads: Report Reveals CSEM Risks

    Source: GlobeNewswire (MIL-OSI)

    Boston, May 08, 2025 (GLOBE NEWSWIRE) — As generative AI rapidly evolves to process both text and images, a new Multimodal Safety Report released today by Enkrypt AI, a leading provider of AI safety and compliance solutions for agent and multimodal AI, reveals critical risks that threaten the integrity and safety of multimodal systems.

    The red teaming exercise was conducted on several multimodal models, and tests across several safety and harm categories as described in the NIST AI RMF. Newer jailbreak techniques exploit the way multimodal models process combined media, bypassing content filters and leading to harmful outputs—without any obvious red flags in the visible prompt.

    “Multimodal AI promises incredible benefits, but it also expands the attack surface in unpredictable ways,” said Sahil Agarwal, CEO of Enkrypt AI. “This research is a wake-up call: the ability to embed harmful textual instructions within seemingly innocuous images has real implications for enterprise liability, public safety, and child protection.”

    The report reveals two Mistral models are 60X more prone to generate CSEM content and 40X more prone to generate CBRN content than gpt-4.0 and claude-3.7-sonnet.

    Key Findings: New Attack in Plain Sight
    The research illustrates how multimodal models—designed to handle text and image inputs—can inadvertently expand the surface area for abuse when not sufficiently safeguarded. Such risks can be found in any multimodal model, however, the report focused on two popular ones developed by Mistral: Pixtral-Large (25.02) and Pixtral-12b. According to Enkrypt AI’s findings, these two models are 60 times more prone to generate child sexual exploitation material (CSEM)-related textual responses than comparable models like OpenAI’s GPT-4o and Anthropic’s Claude 3.7 Sonnet.

    Additionally, the tests revealed that the models were 18-40 times more likely to produce dangerous CBRN (Chemical, Biological, Radiological, and Nuclear) information when prompted with adversarial inputs. These risks threaten to undermine the intended use of generative AI and highlight the need for stronger safety alignment.

    These risks were not due to malicious text inputs but triggered by prompt injections buried within image files, a technique that could realistically be used to evade traditional safety filters.

    Recommendations for Securing Multimodal Models
    The report urges AI developers and enterprises to act swiftly to mitigate these emerging risks, outlining key best practices:

    • Integrate red teaming datasets into safety alignment processes
    • Conduct continuous automated stress testing
    • Deploy context-aware multimodal guardrails
    • Establish real-time monitoring and incident response
    • Create model risk cards to transparently communicate vulnerabilities

    “These are not theoretical risks,” added Sahil Agarwal. “If we don’t take a safety-first approach to multimodal AI, we risk exposing users—and especially vulnerable populations—to significant harm.”

    Access the full Multimodal Safety Report and learn more about the testing methodology and mitigation strategies.

    Ends

    About Enkrypt AI
    Enkrypt AI is an AI safety and compliance platform. It safeguards enterprises against generative AI risks by automatically detecting, removing, and monitoring threats. The unique approach ensures AI applications, systems, and agents are safe, secure, and trustworthy. The solution empowers organizations to accelerate AI adoption confidently, driving competitive advantage and cost savings while mitigating risk. Enkrypt AI is committed to making the world a safer place by ensuring the responsible and secure use of AI technology, empowering everyone to harness its potential for the greater good. Founded by Yale Ph.D. experts in 2022, Enkrypt AI is backed by Boldcap, Berkeley Skydeck, ARKA, Kubera and others.

    For more information, visit www.enkryptai.com.

    The MIL Network –

  • MIL-OSI: GAMCO Investors, Inc. Reports Results for the First Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    • Quarter End AUM of $31.2 billion
    • Operating Margin of 32.4% for the First Quarter
    • First Quarter Earnings of $0.81 per Share versus $0.64 per Share in the First Quarter of 2024
    • $175.4 million in Cash, Cash Equivalents, Seed Capital, and Investments, and No Debt
    • Entered Partnership with Keeley on May 1st of 4 Open-End Funds and ~500 Separately Managed Accounts from Keeley-Teton, Adding Close to $1.0 billion in AUM
    • Opened an office in Zurich, Switzerland

    GREENWICH, Conn., May 08, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) today reported its operating results for the quarter ended March 31, 2025.

    Financial Highlights

    (In thousands, except percentages and per share data)
        Three Months Ended  
        March 31, 2025   December 31, 2024   March 31, 2024  
    U.S. GAAP              
    Revenue   $ 57,328     $ 59,262     $ 56,945    
    Expenses     38,735       42,130       41,597    
    Operating income     18,593       17,132       15,348    
    Non-operating income     1,220       3,452       4,372    
    Net income     18,271       15,269       15,810    
    Diluted earnings per share   $ 0.81     $ 0.64     $ 0.64    
    Operating margin     32.4 %     28.9 %     27.0 %  
                   


    Giving Back to Society – $80 million since IPO

    Since our initial public offering in February 1999, our firm’s combined charitable donations total approximately $80 million, including $48 million through the shareholder designated charitable contribution program. Based on the program created by Warren Buffett at Berkshire Hathaway, our corporate charitable giving is unique in that the recipients of Gabelli’s charitable contributions are chosen directly by our shareholders, rather than by our corporate officers. Since its inception in 2013, Gabelli shareholders have designated charitable gifts to approximately 350 charitable organizations.

    On August 6, 2024, Gabelli’s board of directors authorized the creation of a private foundation, headquartered in Reno, Nevada, to continue our charitable giving program with an initial contribution of $5 million.

    Revenue

    (In thousands) Three Months Ended  
      March 31, 2025   March 31, 2024  
    Investment advisory and incentive fees        
    Funds $ 38,681     $ 37,270    
    Institutional and Private Wealth Management   15,101       15,196    
    SICAV   4       6    
    Total $ 53,786     $ 52,472    
    Distribution fees and other income   3,542       4,473    
    Total revenue $ 57,328     $ 56,945    
             

    The year over year increase in Funds revenues was primarily the result of higher average assets under management. The decrease in Institutional and Private Wealth Management revenues was primarily the result of lower beginning of the quarter equity assets under management, which are generally used to calculate the revenues. The decrease in distribution fees and other income was primarily the result of a decrease in equity mutual funds AUM that pay distribution fees.

    Expenses

    (In thousands) Three Months Ended  
      March 31, 2025   March 31, 2024  
    Compensation $ 26,616     $ 28,554    
    Management fee   2,202       2,191    
    Distribution costs   5,138       5,950    
    Other operating expenses   4,779       4,902    
    Total expenses $ 38,735     $ 41,597    
             
    • The lower compensation expense in the first quarter of 2025 when compared to the prior year quarter reflected $2.8 million of waived compensation partially offset by increased fixed compensation of $0.2 million and increased variable compensation of $0.6 million.

    Operating Margin

    The operating margin, which represents the ratio of operating income to revenue, was 32.4% for the first quarter of 2025 compared with 27.0% for the first quarter of 2024.

    Non-Operating Income

    (In thousands) Three Months Ended  
      March 31, 2025   March 31, 2024  
    Gain/(loss) from investments, net $ (110 )   $ 1,632    
    Interest and dividend income   1,622       3,033    
    Interest expense (a)   (292 )     (293 )  
    Total non-operating income $ 1,220     $ 4,372    
             
    (a) Related to GAAP accounting of finance lease.
             

    Non-operating income decreased $3.2 million for the quarter, reflecting the mark-to-market net loss on our investment portfolio for the quarter and a decrease in interest and dividend income.

    Other Financial Highlights

    The effective income tax rate (“ETR”) for the first quarter of 2025 was 7.8% versus 19.8% for the first quarter of 2024. The ETR for the first quarter of 2025 consisted of the statutory Federal tax rate of 21% offset by a net state income credit rate of 13.2%, relating to the release of an uncertain tax position accrual as a result of a settlement with New York State whereby the Company gave up the right to a refund in exchange for the closing of the audit years 2007-2014.

    Cash, cash equivalents, and investments were $175.4 million with no debt at March 31, 2025.

    Growth Initiatives: Lift-outs, Partnerships, Joint Ventures, New Markets

    • Partnership with Keeley management will enhance our research and portfolio teams for small and mid-cap focused assets

    On May 1, 2025, Gabelli completed partnership with the Keeley family for the management contracts of 4 open-end funds and approximately 500 separately managed accounts from Teton Advisors, LLC, adding close to $1.0 billion of AUM. The current Chicago-based Keeley research, portfolio management, and client service teammates have joined Gabelli and continue to manage and service these AUM. Our history with the Keeley founder, John L. Keeley, Jr., goes back to before the founding of our enterprise from the mid-1960s when John L. Keeley, Jr. and our Executive Chairman were both sell side analysts. Both firms are privileged to continue our shared focus on a client first culture.

    • Opened Zurich office with lift-out of research and sales teammates.

    Assets Under Management

    (In millions) As of  
      March 31, 2025   December 31, 2024   March 31, 2024  
                 
    Mutual Funds $ 7,959     $ 8,078     $ 8,235    
    Closed-end Funds   7,365       7,344       7,313    
    Institutional & PWM (a) (b)   10,182       10,700       11,146    
    SICAV   9       9       9    
    Total Equities   25,515       26,131       26,703    
                 
    100% U.S. Treasury Money Market Fund   5,638       5,552       4,965    
    Institutional & PWM Fixed Income   32       32       32    
    Total Treasuries & Fixed Income   5,670       5,584       4,997    
    Total Assets Under Management $ 31,185     $ 31,715     $ 31,700    
                 
    (a) Includes $206, $242, and $345 of AUM subadvised for Teton Advisors, Inc. at March 31, 2025,  
    December 31, 2024, and March 31, 2024, respectively.  
    (b) Includes $233, $237, and $225 of 100% U.S. Treasury Money Market Fund AUM at March 31, 2025,  
    December 31, 2024, and March 31, 2024, respectively.  
                 

    Assets under management on March 31, 2025 were $31.2 billion, a decrease of 1.6% from the $31.7 billion on December 31, 2024. The quarter’s decrease consisted of net outflows of $0.7 billion, and distributions, net of reinvestments, of $0.1 billion partially offset by net market appreciation of $0.3 billion.

    Mutual Funds

    Assets under management in Mutual Funds on March 31, 2025 were $8.0 billion, a decrease of 1.2% from the $8.1 billion at December 31, 2024. The quarterly change was attributed to:

    • Distributions, net of reinvestment, of $4 million;
    • Net outflows of $199 million; and
    • Net market appreciation of $84 million.

    Closed-end Funds

    Assets under management in Closed-end Funds on March 31, 2025 were $7.4 billion, an increase of 1.4% from the $7.3 billion on December 31, 2024. The quarterly change was comprised of:

    • Distributions, net of reinvestment, of $138 million;
    • Net outflows of $40 million, including the redemption of $37 million of preferred shares, and the repurchase of $11 million of common stock partially offset by the issuance of $8 million preferred shares; and
    • Net market appreciation of $199 million.

    Institutional & PWM

    Assets under management in Institutional & PWM on March 31, 2025 were $10.2 billion, a decrease of 4.7% from the $10.7 billion on December 31, 2024. The quarterly change was due to:

    • Net outflows of $481 million; and
    • Net market depreciation of $37 million.

    SICAV

    Assets under management were $9 million in the GAMCO All Cap Value sleeve and the GAMCO Convertible Securities sleeve on March 31, 2025, unchanged from $9 million at December 31, 2024.

    100% U.S. Treasury Money Market Fund

    Assets under management in our 100% U.S. Treasury Money Market Fund (GABXX) on March 31, 2025 were $5.6 billion unchanged from the $5.6 billion at December 31, 2024.


    The Gabelli Gold Fund – Up 32% For 1    stquarter of 2025

    Portfolio manager Caesar Bryan commented on The Gabelli Gold Fund’s 1st quarter 2025 performance:

    The gold price performed strongly in the first quarter of 2025, building on its gains over the past two years. Gold ended the quarter at $3,124 per ounce for a gain of about $500 per ounce or 19.0%. Gold mining equities returned in excess of 30%, outperforming the gold price by over fifty percent. Until recently, the gold price has appreciated largely due to overseas central bank buying. However, more recently, investors have been adding to their gold holdings. This is evidenced by the rise in ounces of gold held by all the gold bullion ETFs. During the first quarter, gold ETFs added over 5m ounces to 88.0m ounces, which amounts to about $15bn. Unsurprisingly, in a strong quarter for gold stocks, our larger holdings were the top contributors to performance. The biggest contributor was Agnico Eagle, our largest holding, which appreciated by 39.1% and added 3.5% to performance. Other leading contributors were Newmont, Kinross, and Alamos. In terms of stock price performance, some of our smaller producers and development companies dominated. In this environment, gold should perform well and gold equities, that are over twenty five percent lower than their 2011 high, offer an opportunity for significant capital gains and income.

    Assets Under Administration

    (In millions) As of  
      March 31, 2025   December 31, 2024   March 31, 2024  
                 
    Teton-Keeley Funds (a) $ 750     $ 809     $ 952    
    SICAV   401       408       580    
    Total Assets Under Administration $ 1,151     $ 1,217     $ 1,532    
                 
    (a) Includes $206, $242 and $345 of AUM subadvised for Teton Advisors, Inc. at  
    March 31, 2025, December 31, 2024 and March 31, 2024, respectively.  
                 

    AUA on March 31, 2025 were $1.2 billion, unchanged from the $1.2 billion at December 31, 2024.

    Return to Shareholders

    During the first quarter of 2025, Gabelli returned $14.1 million to shareholders in the form of the repurchase of 499,710 shares for $12.3 million at an average investment of $24.27 per share and a regular quarterly dividend of $0.08 per share totaling $1.8 million. From April 1, 2025 to May 7, 2025, the Company has repurchased 19,213 shares at an average price of $20.90 per share for an aggregate purchase price of approximately $0.4 million.

    On May 7, 2025, Gabelli’s board of directors declared a regular quarterly dividend of $0.08 per share, which is payable on June 24, 2025 to class A and class B shareholders of record on June 10, 2025.

    Balance Sheet Information        

    As of March 31, 2025, cash, cash equivalents, and U.S Treasury Bills were $103.5 million and investments were $71.9 million, compared with cash, cash equivalents, and U.S. Treasury Bills of $116.5 million and investments of $66.3 million as of December 31, 2024. As of March 31, 2025, stockholders’ equity was $141.6 million compared to $137.3 million as of December 31, 2024. The increase in stockholders’ equity resulted from $18.3 million in net income offset partially by the payment of $1.8 million in dividends and $12.3 million of stock buybacks.

    Symposiums/Conferences

    • On February 27th, we hosted our 35th Annual Pump, Valve & Water Systems Symposium. The symposium focused on themes crucial to this industry, including infrastructure spending, resource security, conservation, and M&A.
    • On March 20th, we hosted our 16th Annual Specialty Chemicals Symposium. The symposium featured presentations from senior management of leading specialty chemicals companies, with a focus on pricing power, margin recovery, interest rates, destocking, global supply chain, global demand trends, and the M&A environment.
    • On May 2nd, GAMCO hosted its 19th annual Omaha Research Trip in conjunction with the Berkshire Hathaway Annual Meeting. This Value Investor Conference attracted a record number of participants with Gabelli portfolio managers anchoring panels with noted Berkshire experts and regional CEOs.

    We are hosting the following symposiums and conferences in 2025:


    About Gabelli

    Gabelli (OTCQX: GAMI), established in 1977 and incorporated under the laws of Delaware, is a widely-recognized provider of investment advisory services to 24 open-end funds, 13 United States closed-end funds and one United Kingdom limited investment company, 5 actively managed exchange traded funds, one société d’investissement à capital variable, and approximately 1,400 institutional and private wealth management investors principally in the U.S. The Company’s revenues are based primarily on the levels of assets under management and fees associated with the various investment products.

    In 1977, Gabelli launched its well-known All Cap Value equity strategy, Gabelli Value, in a separate account format and in 1986 entered the mutual fund business. Today, Gabelli offers a diverse set of client solutions across asset classes (e.g. Equities, Debt Instruments, Convertibles, non-market correlated Merger Arbitrage), regions, market capitalizations, sectors (e.g. Gold, Utilities) and investment styles (e.g. Value, Growth). Gabelli serves a broad client base, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

    Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy, and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

    Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that are difficult to predict and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Some of the factors that may cause our actual results to differ from our expectations include risks associated with the duration and scope of the ongoing coronavirus pandemic resulting in volatile market conditions, a decline in the securities markets that adversely affect our assets under management, negative performance of our products, the failure to perform as required under our investment management agreements, and a general downturn in the economy that negatively impacts our operations. We also direct your attention to the more specific discussions of these and other risks, uncertainties and other important factors contained in our Annual Report and other public filings. Other factors that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations whether as a result of new information, future developments or otherwise, except as may be required by law.

    Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

    Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800 GABELLI or visit www.gabelli.com
    Fitch rating drivers include: credit quality, interest rate risk, liquid assets, maturity profiles, and the capabilities of the investment advisor

    Money Market Fund

    Investment in the fund is neither guaranteed nor insured by the Federal Deposit Insurance Corporation or any government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. You could lose money by investing in the fund.

    Gold

    Investments related to gold and other precious metals and minerals are considered speculative and are affected by a variety of worldwide economic, financial, and political factors. Investing in foreign securities involves risks not ordinarily associated with investment in domestic issues. Funds concentrating in specific sectors may experience greater fluctuations in value than funds that are more diversified. Not FDIC Insured. Not Bank Guaranteed. May Lose Value.

    As of March 31, 2025, GAMI and affiliates owned less than one percent of all stocks mentioned in the Gold Fund.

    Returns represent past performance and do not guarantee future results. Investment returns and the principal value of an investment will fluctuate. When shares are redeemed, they may be worth more or less than their original cost. Current performance may be lower or higher than the performance data presented. Visit www.gabelli.com for performance information as of the most recent month end.

    GAMCO Investors, Inc. and Subsidiaries  
    Condensed Consolidated Statements of Operations (Unaudited)  
    (in thousands, except per share data)  
      Three Months Ended  
      March 31, 2025   December 31, 2024   March 31, 2024  
    Revenue:            
    Investment advisory and incentive fees $ 53,786     $ 55,502     $ 52,472    
    Distribution fees and other income   3,542       3,760       4,473    
    Total revenue   57,328       59,262       56,945    
    Expenses:            
    Compensation   26,616       28,839       28,554    
    Management fee   2,202       2,287       2,191    
    Distribution costs   5,138       5,634       5,950    
    Other operating expenses   4,779       5,370       4,902    
    Total expenses   38,735       42,130       41,597    
    Operating income   18,593       17,132       15,348    
    Non-operating income:            
    Gain/(loss) from investments, net   (110 )     644       1,632    
    Interest and dividend income   1,622       3,090       3,033    
    Interest expense   (292 )     (282 )     (293 )  
    Total non-operating income   1,220       3,452       4,372    
    Income before provision for income taxes   19,813       20,584       19,720    
    Provision for income taxes   1,542       5,315       3,910    
    Net income $ 18,271     $ 15,269     $ 15,810    
                 
    Earnings per share attributable to common            
    stockholders:            
    Basic $ 0.81     $ 0.64     $ 0.64    
    Diluted $ 0.81     $ 0.64     $ 0.64    
                 
    Weighted average shares outstanding:            
    Basic   22,632       23,971       24,808    
    Diluted   22,632       23,971       24,808    
                 
    Shares outstanding   22,431       22,930       24,585    
                 
    GAMCO Investors, Inc. and Subsidiaries  
    Condensed Consolidated Statements of Financial Condition (Unaudited)  
    (in thousands)  
         
      March 31,   December 31,   March 31,  
        2025       2024       2024    
    Assets            
    Cash and cash equivalents $ 53,596     $ 17,254     $ 65,467    
    Short-term investments in U.S. Treasury Bills   49,900       99,216       99,073    
    Investments in securities   43,117       36,855       30,351    
    Seed capital investments   28,772       29,452       26,184    
    Receivable from brokers   3,030       3,103       1,111    
    Other receivables   20,062       21,246       23,576    
    Deferred tax asset and income tax receivable   9,420       8,042       8,384    
    Other assets   10,207       9,509       9,614    
    Total assets $ 218,104     $ 224,677     $ 263,760    
                 
    Liabilities and stockholders’ equity            
    Income taxes payable $ 9,902     $ 193     $ 3,464    
    Compensation payable   26,915       40,633       25,100    
    Accrued expenses and other liabilities   39,713       46,546       45,910    
    Total liabilities   76,530       87,372       74,474    
                 
    Stockholders’ equity   141,574       137,305       189,286    
    Total liabilities and stockholders’ equity $ 218,104     $ 224,677     $ 263,760    
                 
                 
    GAMCO Investors, Inc. and Subsidiaries   
    Assets Under Management  
    By investment vehicle  
    (in millions)  
      Three Months Ended   % Changed From  
      March 31,   December 31,   March 31,   December 31,   March 31,  
       2025    2024    2024   2024   2024  
    Equities:                    
    Mutual Funds                    
    Beginning of period assets $ 8,078     $ 8,440     $ 7,973            
    Inflows   190       211       176            
    Outflows   (389 )     (420 )     (432 )          
    Net inflows (outflows)   (199 )     (209 )     (256 )          
    Market appreciation (depreciation)   84       (126 )     523            
    Fund distributions, net of reinvestment   (4 )     (27 )     (5 )          
    Total increase (decrease)   (119 )     (362 )     262            
    Assets under management, end of period $ 7,959     $ 8,078     $ 8,235     -1.5 %   -3.4 %  
    Percentage of total assets under management   25.5 %     25.5 %     26.0 %          
    Average assets under management $ 8,176     $ 8,447     $ 7,965     -3.2 %   2.6 %  
                         
    Closed-end Funds                    
    Beginning of period assets $ 7,344     $ 7,459     $ 7,097            
    Inflows   8       212       41            
    Outflows   (48 )     (43 )     (103 )          
    Net inflows (outflows)   (40 )     169       (62 )          
    Market appreciation (depreciation)   199       (155 )     404            
    Fund distributions, net of reinvestment   (138 )     (129 )     (126 )          
    Total increase (decrease)   21       (115 )     216            
    Assets under management, end of period   7,365     $ 7,344     $ 7,313     0.3 %   0.7 %  
    Percentage of total assets under management   23.6 %     23.2 %     23.1 %          
    Average assets under management $ 7,505     $ 7,610     $ 7,060     -1.4 %   6.3 %  
                         
    Institutional & PWM                    
    Beginning of period assets $ 10,700     $ 10,984     $ 10,738            
    Inflows   120       62       66            
    Outflows   (601 )     (407 )     (428 )          
    Net inflows (outflows)   (481 )     (345 )     (362 )          
    Market appreciation (depreciation)   (37 )     61       770            
    Total increase (decrease)   (518 )     (284 )     408            
    Assets under management, end of period $ 10,182     $ 10,700     $ 11,146     -4.8 %   -8.6 %  
    Percentage of total assets under management   32.7 %     33.7 %     35.2 %          
    Average assets under management $ 10,772     $ 11,085     $ 10,798     -2.8 %   -0.2 %  
                         
    SICAV                    
    Beginning of period assets $ 9     $ 9     $ 631            
    Inflows   –       –       –            
    Outflows   –       –       (2 )          
    Net inflows (outflows)   –       –       (2 )          
    Market appreciation (depreciation)   –       –       –            
    Reclassification to AUA   –       –       (620 )          
    Total increase (decrease)   –       –       (622 )          
    Assets under management, end of period $ 9     $ 9     $ 9     0.0 %   0.0 %  
    Percentage of total assets under management   0.0 %     0.0 %     0.0 %          
    Average assets under management $ 9     $ 9     $ 10     0.0 %   -10.0 %  
                         
    Total Equities                    
    Beginning of period assets $ 26,131     $ 26,892     $ 26,439            
    Inflows   318       485       283            
    Outflows   (1,038 )     (870 )     (965 )          
    Net inflows (outflows)   (720 )     (385 )     (682 )          
    Market appreciation (depreciation)   246       (220 )     1,697            
    Fund distributions, net of reinvestment   (142 )     (156 )     (131 )          
    Reclassification to AUA   –       –       (620 )          
    Total increase (decrease)   (616 )     (761 )     264            
    Assets under management, end of period $ 25,515     $ 26,131     $ 26,703     -2.4 %   -4.4 %  
    Percentage of total assets under management   81.8 %     82.4 %     84.2 %          
    Average assets under management $ 26,462     $ 27,151     $ 25,833     -2.5 %   2.4 %  
                         
    GAMCO Investors, Inc. and Subsidiaries   
    Assets Under Management  
    By investment vehicle – continued   
    (in millions)  
      Three Months Ended   % Changed From  
      March 31,   December 31,   March 31,   December 31,   March 31,  
       2025    2024    2024   2024   2024  
    Fixed Income:                    
    100% U.S. Treasury fund                    
    Beginning of period assets $ 5,552     $ 5,268     $ 4,615            
    Inflows   1,372       1,656       1,605            
    Outflows   (1,341 )     (1,440 )     (1,315 )          
    Net inflows (outflows)   31       216       290            
    Market appreciation (depreciation)   55       68       60            
    Total increase (decrease)   86       284       350            
    Assets under management, end of period $ 5,638     $ 5,552     $ 4,965     1.5 %   13.6 %  
    Percentage of total assets under management   18.1 %     17.5 %     15.7 %          
    Average assets under management $ 5,552     $ 5,415     $ 4,832     2.5 %   14.9 %  
                         
    Institutional & PWM Fixed Income                    
    Beginning of period assets $ 32     $ 32     $ 32            
    Inflows   –       –       –            
    Outflows   –       –       –            
    Net inflows (outflows)   –       –       –            
    Market appreciation (depreciation)   –       –       –            
    Total increase (decrease)   –       –       –            
    Assets under management, end of period $ 32     $ 32     $ 32     0.0 %   0.0 %  
    Percentage of total assets under management   0.1 %     0.1 %     0.1 %          
    Average assets under management $ 32     $ 32     $ 32     0.0 %   0.0 %  
                         
    Total Treasuries & Fixed Income                    
    Beginning of period assets $ 5,584     $ 5,300     $ 4,647            
    Inflows   1,372       1,656       1,605            
    Outflows   (1,341 )     (1,440 )     (1,315 )          
    Net inflows (outflows)   31       216       290            
    Market appreciation (depreciation)   55       68       60            
    Total increase (decrease)   86       284       350            
    Assets under management, end of period $ 5,670     $ 5,584     $ 4,997     1.5 %   13.5 %  
    Percentage of total assets under management   18.2 %     17.6 %     15.8 %          
    Average assets under management $ 5,584     $ 5,447     $ 4,864     2.5 %   14.8 %  
                         
    Total AUM                    
    Beginning of period assets $ 31,715     $ 32,192     $ 31,086            
    Inflows   1,690       2,141       1,888            
    Outflows   (2,379 )     (2,310 )     (2,280 )          
    Net inflows (outflows)   (689 )     (169 )     (392 )          
    Market appreciation (depreciation)   301       (152 )     1,757            
    Fund distributions, net of reinvestment   (142 )     (156 )     (131 )          
    Reclassification to AUA   –       –       (620 )          
    Total increase (decrease)   (530 )     (477 )     614            
    Assets under management, end of period $ 31,185     $ 31,715     $ 31,700     -1.7 %   -1.6 %  
    Average assets under management $ 32,046     $ 32,598     $ 30,697     -1.7 %   4.4 %  
                         
       
    Contact: Kieran Caterina
      Chief Accounting Officer
      (914) 921-5149
       
      For further information please visit
      www.gabelli.com
       

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fdf70333-2c19-43f2-ac7e-f41e523355c5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/14973722-0885-4fca-8e88-5fad950be53c

    The MIL Network –

  • MIL-OSI: Delinea Hires Alex Thurber as Senior Vice President of Global Channels, Further Strengthening Its Partner Strategy

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) — Delinea, a pioneering provider of solutions for securing human and machine identities through centralized authorization, today announced the leadership appointment of Alex Thurber as Senior Vice President of Global Channels. With 25 years of global leadership experience in sales, channel strategy, and customer success, Alex will play a pivotal role in driving Delinea’s channel momentum and scaling its partner ecosystem.

    “Alex’s arrival comes at a crucial time as we focus on building partnerships and expanding our client base to fuel Delinea’s next phase of growth,” said Chris Kelly, President of Delinea. “His proven track record in channel strategy and strategic alliances fits perfectly with where we are headed. With AI playing an increasing role in how organizations defend against identity-based threats, Alex’s deep expertise will be instrumental in further elevating our partner network to deliver seamless identity security.”

    Alex has extensive experience across the technology sector with a strong focus on partnerships. Most recently, he spearheaded numerous innovative go-to-market strategies at Riverbed Technology, driving significant success and transformation. Additionally, he has led worldwide channel sales at Cisco and McAfee and held senior leadership roles at Pulse Secure, WatchGuard, and BlackBerry.

    “I’m incredibly excited to join Delinea and become part of a team that is deeply dedicated to the success of its partners and customers at a time when identity security is growing in importance,” said Alex. “Delinea’s commitment to innovation and its strong emphasis on cultivating channel relationships were key factors that drew me in, and I’m eager to contribute to driving the business toward continued success.”

    Alex joins the team at a time when Delinea is accelerating its machine learning and AI offerings. Most recently, the company announced advancements that provide critical guardrails for organizations, enabling them to secure the use of AI and ensure security with AI, all without sacrificing compliance or productivity.

    To learn more about how Delinea secures identities at every interaction, visit: https://delinea.com/why-choose-delinea  

    About Delinea
    Delinea is a pioneer in securing human and machine identities through intelligent, centralized authorization, empowering organizations to seamlessly govern their interactions across the modern enterprise. Leveraging AI-powered intelligence, Delinea’s leading cloud-native Identity Security Platform applies context throughout the entire identity lifecycle – across cloud and traditional infrastructure, data, SaaS applications, and AI. It is the only platform that enables you to discover all identities – including workforce, IT administrator, developers, and machines – assign appropriate access levels, detect irregularities, and respond to threats in real-time. With deployment in weeks, not months, 90% fewer resources to manage than the nearest competitor, and a 99.995% uptime, the Delinea Platform delivers robust security and operational efficiency without compromise. Learn more about Delinea on  LinkedIn,  Twitter, and YouTube. 

    Media Contact
    Justin Ordman
    Corporate Communications Director
    justin.ordman@delinea.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88a635d0-401e-45d9-af44-6f281673b05b

    The MIL Network –

  • MIL-OSI China: Chinese vice premier meets Saudi Aramco’s chairman

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

    BEIJING, May 8 — Chinese Vice Premier Ding Xuexiang met with Yasir Al-Rumayyan, chairman of the board of directors of Saudi Aramco, in Beijing on Thursday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said the China-Saudi Arabia comprehensive strategic partnership had developed rapidly with deepened cooperation in various fields.

    Noting that Saudi Aramco has long been an active player in China’s reform and opening up as well as modernization drive, Ding said it is hoped that both sides will continue to deepen cooperation in traditional fields such as energy and chemical engineering, actively carry out cooperation on sci-tech innovation and green transformation, work together to maintain the stability of the global industrial and supply chains and the multilateral trading system, and make greater contributions to China-Saudi Arabia relations and the world economy.

    Yasir Al-Rumayyan said that Saudi Aramco had always been optimistic about China’s development prospects and is willing to further expand investment and trade cooperation with China, making contributions to the economic and trade cooperation between the two countries.

    MIL OSI China News –

  • MIL-OSI Video: Department of State Press Briefing – May 8, 2025 – 2:00 PM

    Source: United States of America – Department of State (video statements)

    Spokesperson Tammy Bruce leads the Department Press Briefing, at the Department of State, on May 8, 2025.

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
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    MIL OSI Video –

  • MIL-OSI Russia: During his working visit to the LPR, Marat Khusnullin visited a number of sites and laid flowers at the memorial to the Heroes of the Front and Rear of 1941–1945

    Translation. Region: Russian Federal

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

    During a working visit to the LPR, Marat Khusnullin laid flowers at the memorial to the Heroes of the Front and Rear of 1941–1945.

    Deputy Prime Minister Marat Khusnullin made a working visit to the Luhansk People’s Republic, during which he visited a plant, a training center, and also checked the pace of restoration of a five-story building.

    “I got acquainted with the work of the Lugamash enterprise, which is engaged in the production of railway locomotives and rolling stock. In 2023, the Territorial Development Fund included the company among the top ten in the register of participants in the free economic zone. The preferential conditions of the SEZ made it possible to begin modernizing and technically re-equipping production, increase the number of employees and raise the level of wages. I believe that this enterprise has very great prospects. And on those sites that are not used, it is necessary to create a technology park so that there is an opportunity to work in other areas of the regional industry,” said the Deputy Prime Minister.

    Marat Khusnullin laid flowers at the memorial on the plant grounds dedicated to the memory of the Heroes of the Front and Rear of 1941–1945.

    In addition, the Deputy Prime Minister checked the progress of the restoration of an apartment building in the Vatutina quarter, to which 64 families are expected to return after the summer, and assessed the progress of the renovation of the building of the military training center at the V. Dahl Luhansk State University.

    “The head of the center, Colonel Mikhail Basanov, said that the main tasks of this institution are the implementation of military training programs and work on military-professional orientation of young people. The conditions for such an important matter must be appropriate – they are created by the “Single Customer”. They plan to hand over the facility in June, so that it will be possible to train about 300 cadets at a time,” noted Marat Khusnullin.

    At the end of the trip, a meeting was held on the development of the region.

    “I can say with satisfaction that the republic is coping with all the tasks set. This speaks of the systematic work of the team of the head of the LPR Leonid Pasechnik and the chairman of the LPR government Yegor Kovalchuk, which will continue to allow the implementation of the planned plans to bring the standard of living in the LPR to the average Russian level,” the Deputy Chairman of the Government concluded.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: The government has approved a list of songs about the war that can be used free of charge during festive events

    Translation. Region: Russian Federal

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

    The list of musical works about the feat of the Soviet people in the Great Patriotic War, which can be used free of charge during various festive events, includes 52 songs and the march “Farewell of Slavyanka”. The order approving this list was signed by Prime Minister Mikhail Mishustin.

    The list includes the most popular and widely known songs about the war: “Victory Day”, “In the Frontline Forest”, “Katyusha”, “Cranes”, “Blue Scarf”, “On a Nameless Height”, “Song of War Correspondents” and others. They can be used free of charge during festive concerts, rallies and marches, memorial ceremonies, in television and radio programs on Victory Day, Defender of the Fatherland Day, as well as on days of military glory or memorable dates associated with the events of the Great Patriotic War.

    The signed order is part of the work to implement the new norms of the federal law “On the perpetuation of the Victory of the Soviet people in the Great Patriotic War of 1941-1945”. They require the Government to create a publicly accessible list of musical works (with or without text) that were lawfully published before December 26, 1991, glorifying the people’s feat during the war.

    The document will be published.

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

    MIL OSI Russia News –

  • MIL-OSI: Advancements In Drone Technology Opening Up New Applications as Market Size Estimated to Reach $57 Billion by 2028

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drone services are progressively replacing legacy services in the commercial sector, such as aerial surveys, filmography, and search and rescue operations. They offer the advantages of prolonged operation, remote control by human operators, or autonomous functioning by onboard computers. The increasing adoption of drone services across various civil and commercial applications can be attributed to their extended endurance and cost-effectiveness. Furthermore, the integration of advanced technologies like artificial intelligence, IoT (Internet of Things), and cloud computing into drone services is expected to further boost their demand across various sectors. A report from MarketsAndMarkets said that the Global Drone Services Market Size is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report continued: “The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones’ embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size.”   Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Teledyne Technologies Incorporated (NYSE: TDY), ParaZero Technologies Ltd. (NASDAQ: PRZO), Safe Pro Group Inc. (NASDAQ: SPAI), Unusual Machines, Inc. (NYSE American: UMAC).

    MarketsAndMarkets added: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment, scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Tests Proprietary Camera Enabling IQ Nano Drone Swarms for US Defense Applications and Blue UAS Submission – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its subsidiary ZenaDrone is testing a new proprietary specialized camera that enables more efficient indoor applications such as inventory and security management, when utilizing IQ Nano drone swarms for commercial and US defense applications. The new camera prototype developed by its Taiwan component manufacturing subsidiary, Spider Vision Sensors, in collaboration with its certified electronics manufacturing partner, Suntek Global, will enable faster and more precise collection of data including multiple bar codes simultaneously scanned by multiple drones in a drone swarm. The company plans to apply for Blue UAS (Unmanned Aerial Systems) certification that lists and validates drones for military and government use.

    “Our Spider Vision Sensors subsidiary in collaboration with Suntek Global, has helped us speed up development of customized and specialized cameras required for our innovative drone swarm applications for commercial and defense customers. This partnership will continue to be invaluable as we develop our NDAA-compliant supply chain and received Blue UAS certification which will allow military and federal agencies to directly purchase our drones.,” said CEO Shaun Passley, Ph.D.

    Military and Defense departments use small autonomous indoor drones like the 10X10 inch IQ Nano for various applications such as inventory management, indoor building reconnaissance, search and rescue, training simulations, and explosives detection. ZenaDrone is also engaged in a paid trial which includes developing drone swarm applications for inventory management and security applications with a multinational auto parts manufacturer customer.

    A drone swarm is a coordinated group of autonomous drones that communicate and work together using AI and real-time data sharing, to perform tasks collaboratively without direct human control. Drone swarms enhance efficiency, accuracy, automation, and performance compared to a single drone. Autonomous drones can rapidly scan thousands of bar codes or RFID tags per second with high accuracy, providing real-time visibility into inventory without disrupting workflows. A drone swarm can also cover more ground simultaneously, dramatically reducing inventory audit times and manual labour while providing near-total inventory visibility.

    An AI drone swarm for indoor security and surveillance enhances coverage, response time, and efficiency by autonomously patrolling large areas, detecting threats, and providing real-time situational awareness. Unlike stationary cameras or human patrols, drone swarms can dynamically adapt to security breaches, track intruders, and coordinate movements to eliminate blind spots. AI-driven analytics enable them to identify anomalies, recognize faces, and detect unauthorized activity with high precision, reducing false alarms and improving security decision-making. Their autonomous nature minimizes human labor costs while ensuring 24/7 monitoring in complex environments like warehouses, data centers, or commercial facilities.

    The ZenaDrone IQ Nano is available in 10×10 and 20×20-inch sizes, designed to perform regular and frequent inspections such as bar code or RFID scanning, facility maintenance inspections, security monitoring, 3D indoor mapping and other applications inside a warehouse, distribution, or plant facility. It is designed for autonomous use featuring integrated sensors, high-quality cameras, data collection and analysis including AI methodologies. Weighing 1.5kg and with a flight time of at least 20 minutes before utilizing the automatic battery recharging station, it is designed for hovering stability and safety with obstacle avoidance capabilities.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) Expands Ireland Office Offering Drone as a Service (DaaS) Including Precision Agriculture to a European Market Growing at 28.6% Annually – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it will be expanding operations and opening a new, larger office and its European Headquarters in Dublin, Ireland. The new hub will facilitate the Company’s drone sales and DaaS drone services — including precision agriculture solutions — to a growing UK and European market. The Company anticipates the official grand opening during the summer of 2025.

    Strategically located near Dublin Airport and accessible via all major motorways, the new office location will serve a growing customer base in Ireland and enable growth across Europe, catering to agriculture as well as construction, renewable energy — including wind and solar farms — golf courses, racecourses, and warehouse and logistics.

    “Expanding our Dublin office and establishing a European HQ marks a new chapter in our strategy to scale our drones and DaaS offerings globally while servicing the fastest growing agricultural drone markets located in Europe. Our AI-powered drone solutions are designed to boost crop yields while reducing operational costs and provide smart, data-driven insights — empowering crop monitoring and health assessment, nutrient and resource optimization, and profitability,” said CEO Shaun Passley, Ph.D.

    The European agricultural drone market was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 43.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 28.58% according to Market Data Forecast . This growth is fueled by the adoption of drones for crop spraying, mapping, pest control, seeding, and remote sensing, which enhance productivity and resource efficiency in farming. Growth is also supported by favorable European government policies and a strong focus on sustainable farming practices.    Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE: TDY), has recently announced a number of upgrades to its Black Hornet® 4 Personal Reconnaissance System to further boost operational effectiveness for warfighters. The enhanced features are being showcased at the Special Operations Forces (SOF) Week annual conference at the Tampa Convention Center, May 6 to May 8.

    In development over the past year, the series of improvements include a 50% increase in Black Hornet’s radio communications range from two to three kilometers (in optimal conditions). The BH4’s new Android tablet, part of the ground control station, now has up to twice the battery life, plus a battery heater for charging in cold temperatures. The new tablet also features improved ergonomics, making it easier to use while wearing gloves.

    Black Hornet 4 can operate in 25-knot winds and rain, and extensive testing was performed to validate its already rugged endurance capabilities. The drone itself is now IP-52 rated, able to withstand 7.6 mm of rain per hour while in flight, while the ground control station boasts an IP-54 rating.

    Unusual Machines, Inc. (NYSE American: UMAC), a United States based manufacturer and distributor of drone parts recently has successfully closed a confidentially marketed public offering for the sale of 8,000,000 shares of the Company’s Common Stock at the offering price of $5.00 per share (the “Offering”) resulting in gross proceeds of $40 million, before deducting placement agent fees and other offering expenses. The Offering closed on May 7, 2025.

    Allan Evans, the Company’s Chief Executive Officer and other members of the Company’s Board of Directors and all members of the Company’s advisory board purchased shares in the Offering on the same terms as the other investors. “We are overwhelmed by the level of support from everyone involved in the process,” said Allan Evans “This raise is absolutely a case of everyone putting their money behind accelerating American manufacturing for drones”.

    ParaZero Technologies Ltd. (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, recently announced that it has received a new order for dozens of units of its innovative SafeAir™ M4 system. The order was placed by a prominent European drone distributor that serves a wide range of commercial, public safety, and enterprise drone operators across the region.

    The SafeAir™ M4, ParaZero’s next-generation autonomous parachute recovery system, is designed for seamless integration with DJI’s Matrice 4 series. It features a newly developed deployment mechanism with real-time telemetry and is designed and expected to comply with the highest European regulatory standards to enable safe flight in urban areas throughout the EU.

    Safe Pro Group Inc. (NASDAQ: SPAI), a leading provider of artificial intelligence (AI)-driven security solutions, recently announced it has successfully completed multiple demonstrations of its patented Safe Pro Object Threat Detection (SPOTD) technology to various branches of the U.S. Department of Defense. Following these briefings, the Company commenced the integration of its SPOTD technology onto the Win-TAK platform, part of the U.S. Army’s Tactical Assault Kit (TAK) software ecosystem.

    As a result of these successful demonstrations, the Company is accelerating additional development efforts that seek to integrate the Company’s SPOTD technology into the full TAK software ecosystem which includes the U.S. Army’s ATAK (Android Tactical Assault Kit or ATAK) platform. Integration of SPOTD into ATAK is designed to allow detections of small explosive threats instantly identified in drone-based imagery by the Company’s AI technology to be quickly pushed across potentially hundreds of thousands of soldier-carried and vehicle-mounted wireless connected devices widely utilized by the U.S. Armed Forces.

    About FN Media Group:

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

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

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

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: EXL to participate in upcoming investor conferences

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data and AI company, today announced Maurizio Nicolelli, executive vice president, chief financial officer, and John Kristoff, vice president, head investor relations, are expected to participate at the following investor conferences:

    • 20th Annual Needham Technology, Media, & Consumer 1×1 Conference, Monday, May 12, 2025, Virtual
    • TD Cowen 53nd Annual Technology, Media & Telecom Conference, Thursday, May 29, 2025, New York, NY, (presentation at 10:50 AM EDT)
    • Baird 2025 Global Consumer, Technology & Services Conference, Thursday, June 5, 2025, New York, NY (presentation at 2:00 PM EDT)
    • Live audio webcasts of company presentations will available on the events page of EXL’s investor website.

    About ExlService Holdings, Inc.
    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 60,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Contacts:
    Investor Relations
    John Kristoff
    +1 212 209 4613
    ir@exlservice.com 

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

    The MIL Network –

  • MIL-OSI: PeakMetrics Appoints Noha Georges to Its Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) — PeakMetrics, a leader in AI-driven narrative intelligence, is pleased to announce the appointment of Noha Georges to its Board of Advisors. Georges brings over two decades of global experience in strategic communications, reputation management, and public affairs, with deep expertise in both the Middle East and North Africa (MENA). Her addition to the advisory board marks a significant step in PeakMetrics’ mission to expand its reach and enhance its intelligence offering across regions.

    Georges is a seasoned executive with a proven track record of advising top-tier organizations, governments, and Fortune 500 companies. Throughout her career, she has led high-impact communications strategies for organizations such as Deloitte, Ogilvy, and Qatar Central Bank, shaping business narratives and managing reputational risks on a global scale. Her expertise spans corporate communications, executive coaching, crisis response, and digital marketing, making her an invaluable asset to PeakMetrics’ growth and expansion efforts.

    “Noha’s strategic insight and deep understanding of communications challenges on a global scale make her an exceptional addition to our advisory board,” said Nick Loui, Co-Founder & CEO of PeakMetrics. “Her experience in both the public and private sectors across MENA will be instrumental as we continue to enhance our platform’s capabilities and expand our ability to service customers internationally.”

    In her role, Georges will advise PeakMetrics on strategic communications, government relations, and market expansion across MENA, helping to strengthen the company’s capabilities and tailor its offering to better address the region’s unique information environment, AI-driven threats, and evolving influence dynamics.

    “I am thrilled to join PeakMetrics at such a pivotal time in its growth journey,” said Noha Georges. “The ability to detect and defend against emerging narratives is critical for organizations worldwide. I look forward to contributing to PeakMetrics’ mission and supporting its expansion into new markets.”

    Georges has been recognized with multiple industry awards, including the Platinum Hermes Creative Award in Content Innovation and a Silver Stevie Award in Digital Marketing. She is a sought-after speaker and thought leader on corporate reputation and crisis management.

    For more information about PeakMetrics and its AI-driven narrative intelligence platform, visit www.peakmetrics.com.

    About PeakMetrics

    PeakMetrics provides a cutting-edge narrative intelligence solution designed to help government entities and organizations proactively detect, decipher, and defend against malign influence and adversarial information campaigns. Leveraging advanced narrative ML technology, PeakMetrics identifies emerging narratives in real time, assesses their impact to prioritize the most pressing threats, and delivers actionable response plans to support mission-critical decision-making. Organizations rely on PeakMetrics to counter foreign influence, mitigate deceptive media, and strengthen resilience against evolving information threats.

    Media Contact:
    Jessica Pratt
    PeakMetrics
    jessica@peakmetrics.com

    The MIL Network –

  • MIL-OSI: Best Online Casinos Australia: Experts Pick 7Bit Casino as the Best Australian Casino for 2025

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, May 08, 2025 (GLOBE NEWSWIRE) — The online gambling scene in Australia is booming, with countless casinos competing for the top spot. After diving deep into the iGaming landscape, we’ve found that 7Bit Casino stands out as the clear winner for 2025. With its crypto-friendly setup, super-fast payouts, and an impressive selection of over 4,000 games, 7Bit Casino raises the bar for what Aussie players should expect from online casinos.

    This article explores why 7Bit Casino is the top new online casino, highlighting its exceptional features, robust security, and dedication to delivering a superior gaming experience for Aussie players.

    New players can dive into the action by signing up and claiming a generous welcome bonus:

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    Why 7Bit Casino Dominates the Best Online Casinos in Australia

    Since its inception in 2014, 7Bit Casino has been a trailblazer in the online gambling world, particularly as one of the first platforms to embrace cryptocurrencies. This makes it a prime choice for players seeking an anonymous online casino. Licensed by Curacao Antillephone N.V., 7Bit Casino ensures a secure and fair gaming environment, cementing its status as a leader among the best online casinos in Australia.

    With an intuitive interface, a diverse game selection, and a rewarding bonus structure, 7Bit Casino caters to both novice and seasoned players. Whether you’re passionate about the best online pokies, classic table games, or immersive live dealer experiences, this platform delivers. Its focus on rapid payouts and 24/7 customer support further solidifies its position as the top Pay ID casino and new online casino in Australia for 2025.

    A Comprehensive Review Tailored to Aussie Players

    To identify the best online casinos in Australia, our team of iGaming experts conducted a meticulous evaluation based on key criteria that resonate with players. These include:

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    7Bit Casino excelled across all these areas, earning its title as the premier anonymous online casino for Australian players. Below, we delve into each criterion to showcase why 7Bit Casino is the ultimate destination for online gambling in Australia.

    Licensing and Security: A Foundation of Trust

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    A defining feature of the best online casinos Australia is a diverse, high-quality game library. 7Bit Casino delivers with over 4,000 titles from industry-leading providers such as NetEnt, Microgaming, Betsoft, Pragmatic Play, and Evolution Gaming. From the best online pokies to engaging live dealer games, the platform caters to every taste and preference.

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    A seamless banking experience is essential for the best online casinos Australia. 7Bit Casino excels with a wide range of payment options tailored to Aussie players. As a leading anonymous online casino, it supports instant deposits and rapid withdrawals, ensuring players can access their funds quickly.

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    This article may contain affiliate links, which may earn a commission at no additional cost to readers. Affiliate relationships do not influence the editorial integrity of the content, and all evaluations are based on independent research. Online gambling is intended for individuals of legal gambling age (18+ in Australia). Gambling carries financial risks and may lead to addiction. Engage responsibly and seek help from certified organizations like Gambling Help Online if needed.

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    The MIL Network –

  • MIL-OSI: Instant Loans Online Guaranteed Approval Direct Lenders No Credit Check – IOnline Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 08, 2025 (GLOBE NEWSWIRE) — Instant loans are short-term loans that are processed and funded rapidly, enabling borrowers to access funds within minutes or hours, offering quick cash loans. This article explores what an instant loan is, how to apply for an instant personal loan online, the advantages and disadvantages of instant loans online guaranteed approval, emergency loans, and how to select the right lender.

    >> Click Here to Apply for No Credit Check Loans >>

    We will specifically highlight the offerings of IOnline Payday, a lender that specializes in instant loans. Topics will include payday loans with instant funding to debit cards in California and loans of up to $5,000 with instant approval.

    >> Click Here to Apply for No Credit Check Loans >>

    What is an Instant Loan Guaranteed Approval?

    An instant loan is a type of loan that can be obtained quickly, often with fast approval, although the term “instant loan” may also refer to the speed of funding, such as instant payday loans guaranteed approval direct lenders. These loans can be utilized for various personal needs and are particularly helpful in urgent financial situations such as emergency loans no credit check.

    >> Click Here to Apply for No Credit Check Loans >>

    Instant loans encompass a wide range of loan types, including payday loans, which must be repaid quickly; personal loans for bad credit, which may not require a credit check; small payday loans; and secured loans, which are backed by collateral.

    This article explores the different types of instant loans, highlighting their benefits and drawbacks.

    How to Get an Instant Loan Online Guaranteed Approval?

    Securing an instant loan online guaranteed approval has become easier than ever, thanks to the emergence and growth of digital lending platforms that simplify the application process and provide faster funding solutions, including best personal loans no credit check.

    Borrowers looking to obtain an instant loan typically start by researching lenders that offer online payday loans and IOnline Payday, ensuring they understand the terms and conditions before applying. The application process for these loans is often quick and requires minimal documentation, making them accessible even to individuals with poor credit who seek personal loans with no credit check.

    After submitting their applications, many lenders provide same-day feedback, allowing borrowers to receive the funds they need—often via direct deposit into their bank accounts—within just a few hours.

    What are the Requirements for an Instant Payday Loan?

    To qualify for an instant loan, applicants must meet several basic requirements, which are generally consistent across most lenders and loan types, including bad credit applicants. Most lenders stipulate that applicants must be at least 18 years old and legal residents of the United States.

    Income verification is essential, as lenders need to assess how borrowers will repay their loans and their repayment ability. While traditional loans consider credit history and scores, many instant loans, particularly payday loans, are designed for individuals with poor credit and often come with flexible terms and guaranteed approval in many cases.

    Here are the basic requirements for instant loans, including $255 payday loans and unsecured personal loans:

    • Age: Most lenders require applicants to be at least 18 years old, as those below this age cannot legally enter into a loan contract.
    • Income: Lenders typically prefer applicants to have a stable income, which is usually verified through paychecks. However, many lenders also accept other forms of income, such as rental income, pension income, and government assistance.
    • Residency: Some lenders may require proof of residency, as they generally prefer borrowers who are established in their communities.
    • Financial Documentation: Providing documentation such as bank statements or pay stubs can increase the likelihood of approval.

    Instant loan options are intentionally inclusive, allowing individuals with below-average credit histories to access the assistance they need, including installment loans. This approach enables even the most financially challenged individuals to receive crucial support.

    Instant Loan Options Offered by IOnline Payday

    IOnline Payday offers a diverse range of instant loan options, including short term loans, enabling borrowers to find the right solution for their financial needs. These options include online payday loans, instant cash loans, and even a $100 loan through an instant app.

    IOnline Payday specializes in providing instant loans in various amounts, from small to large, featuring a simple application process accessible to borrowers with good, fair, or even poor credit.

    Instant Personal Loan Online Guaranteed Approval

    The instant personal loan offered online by IOnline Payday is designed to provide borrowers with quick access to funds for various personal financial needs, whether for emergency expenses or planned purchases and investments.

    These loans typically feature a streamlined application process, ensuring a hassle-free experience and rapid funding upon approval. Available for a wide range of financial purposes, instant personal loans offer borrowers flexible terms and quick solutions.

    The advantages of these loans arise from their easy approval process and straightforward eligibility requirements, which enable many individuals to secure the financial support they need. Most consumers find the requirements manageable and can conveniently apply for their loan online from the comfort of their homes.

    Instant personal loans online usually offer three key benefits:

    • They expedite the funding process, often requiring little to no paperwork.
    • They can be utilized for various needs, such as medical emergencies, home improvements, or debt consolidation.
    • Lenders can provide competitive interest rates tailored to each individual’s financial situation.

    This user-friendly lending model enables borrowers to better manage their expenses and navigate financial challenges.

    Payday Loan Instant Funding to Debit Card in California with Loan Approval

    In California, the option for instant funding of payday loans to debit cards offers residents immediate access to cash, effectively addressing urgent financial needs with convenience and speed. Borrowers can apply online and have funds directly deposited into their debit accounts, ensuring a seamless experience.

    This service is particularly beneficial for individuals facing unexpected expenses, allowing them to manage their finances without prolonged waiting periods.

    Designed with accessibility in mind, this financial service enables individuals, including those from various U.S. states, to navigate their emergencies effortlessly. The straightforward application process allows them to fill out a form in just a few minutes, significantly reducing the barriers often associated with traditional banking loans. Additionally, the approval criteria are typically more lenient, which can help those with less-than-perfect credit scores.

    With instant funding, borrowers can expect to see their funds reflected in their debit accounts within hours, making it an ideal solution for urgent needs such as medical bills, car repairs, or unexpected travel expenses. Many lenders offer 24/7 support, ensuring that assistance is available whenever necessary. Ultimately, this option promotes financial well-being, enabling individuals to quickly regain control over their circumstances.

    Instant Cash Loan with Quick Application

    An instant cash loan is a financial product that provides borrowers with quick access to cash, making it easy to apply for and rapidly funded. This type of unsecured loan is popular in U.S. states for its efficiency. This type of loan is an effective solution for individuals who need immediate financial support, as it can help cover urgent expenses such as medical bills, car repairs, or other unexpected costs. The convenience and speed of obtaining an instant cash loan make it a popular choice for those who struggle to secure traditional financing options.

    The benefits of instant cash loans extend beyond mere convenience; users in London find this especially beneficial; the ability to quickly access funds during a financial crisis offers borrowers a sense of security and relief. Most instant cash loan applications, approvals, and disbursements are conducted online, allowing borrowers to complete the entire process virtually.

    Loan Features and Benefits of Instant Cash Loans:

    • Fast Approval: Most requests are processed instantly, with many lending platforms providing decisions in three minutes or less.
    • Flexible Repayment Options: Lenders offer various repayment plans that allow borrowers to choose a schedule that best fits their financial situation, easing additional stress.
    • No Collateral Required: These loans do not necessitate any assets to be pledged, making them accessible to a wider audience, including those with low credit finance.

    By utilizing these financial products, individuals can address their immediate needs while also taking steps to restore their financial well-being through platforms like CreditNinja.

    $100 Loan Instant App – Powered by IOnline Payday

    The $100 loan instant app offered by IOnline Payday exemplifies a mobile platform that provides small, short-term loans to borrowers in need with minimal complications. Users can complete a quick application directly from their mobile devices, enabling them to access funds whenever necessary. The convenience of instant approval through the app means that funds are often made available almost immediately, helping borrowers cover short-term expenses and manage immediate cash flow needs more effectively.

    This mobile app is designed to streamline the borrowing experience, making it easy and beneficial for those who require financial assistance, including those facing a credit inquiry.

    Its features facilitate a significantly quicker borrowing process compared to traditional lenders, who often impose time-consuming procedures. With the app, users can:

    • Provide their information in just a few minutes
    • Receive real-time notifications regarding their approval status
    • Access funds directly in their bank accounts without any waiting period

    The app not only simplifies the loan acquisition process but also offers crucial support for individuals seeking rapid financial assistance without excessive paperwork. It allows consumers to address urgent expenses quickly and easily, whether related to unexpected medical bills or car repairs. The ability to obtain small loans swiftly has transformed how people handle financial emergencies, providing them with a sense of enablement when facing cash flow issues.

    With the rapid growth of mobile banking, this app demonstrates how technology can deliver essential solutions while prioritizing user convenience and efficiency.

    $5,000 Loan Instant Approval – Offered by IOnline Payday Loans

    The $5,000 loan instant approval option through IOnline Payday enables borrowers to access larger amounts of money for essential expenses without the delays typically associated with traditional lending.

    This type of loan usually features a simplified application process, allowing approved applicants to receive their funds quickly and easily. Flexible terms are often available, enabling borrowers to choose repayment options that best suit their needs.

    Many lenders provide the $5,000 loan instant approval option online, leveraging modern technology to allow applicants to complete the process in minutes rather than days, as is common with traditional banks. One key characteristic of this loan option is its accessibility; obtaining it is generally straightforward. The application process is streamlined, requiring minimal documentation and avoiding lengthy background checks.

    This ease of access can be particularly beneficial for individuals facing unexpected expenses, such as medical bills or home repairs, where immediate access to funds is crucial. Big Buck Loans also offers similar services.

    The quick turnaround time for disbursement helps individuals address urgent financial needs without prolonged stress.
    Overall, the convenience of the $5,000 loan instant approval option aligns well with the fast-paced demands of today’s economy.

    $255 Payday Loan Instant Funding to Debit Card – Provided by IOnline Payday Loans

    The $255 payday loan with instant funding to a debit card is a financial product designed to provide borrowers with quick access to funds that are deposited directly into their debit cards. This feature is particularly beneficial for those facing financial emergencies, such as unexpected medical bills or car repairs. With minimal requirements and immediate availability, this payday loan serves as a rapid source of cash.

    Pros:

    • Speed: Funds are available almost immediately following a brief approval process.
    • Accessibility: It is easy to qualify for, even for individuals without established credit histories.
    • Convenience: Funds are delivered instantly to a debit card, ensuring easy access.

    Cons:

    • High Rates: Lenders often impose higher-than-average fees.
    • Debt Cycle: Frequent reliance on payday loans can lead to a cycle of borrowing that is challenging to escape.

    How Long Does it Take to Get an Instant Loan?

    The time it takes to obtain an instant loan varies depending on the lender and the type of loan. Many online payday loans, however, offer some of the fastest funding options available, including same-day funding. Most borrowers can complete the application in under an hour, and if approved, funds can be made available on the same day.

    Some lenders even provide 1-hour payday loans for situations where borrowers urgently need cash due to unforeseen circumstances. Understanding the processing times for different loan products can help borrowers plan effectively. Generally, the average loan processing time ranges from one to three business days.

    Several factors influence this timeline, including lender policies, the complexity of the application, and the type of loan being sought. Traditional banks typically take longer due to their thorough verification processes, while online lenders often expedite approval timelines to assist borrowers facing emergencies.

    The following are examples of processing times that borrowers should be aware of:

    • Same-Day Loans: Many lenders offer same-day approval and funding, which can be especially valuable for borrowers in emergencies.
    • Expedited Processing: Some lenders allow borrowers to pay an extra fee for faster loan processing.
    • Loan Types: Personal loans and payday loans may have different timelines for availability.

    Being aware of the timing associated with each of these options can help borrowers make informed decisions and select the best loan options to meet their immediate needs.

    What are the Benefits of an Instant Loan?

    Instant loans offer numerous benefits that cater to the diverse needs of borrowers, making them an increasingly popular choice for those seeking quick financial solutions.

    The streamlined application process allows individuals to apply from the comfort of their homes. Unlike traditional loans, which often require extensive paperwork, instant loans typically demand only a few essential documents.

    Additionally, many instant loans come with flexible terms, enabling borrowers to customize repayment options to fit their financial capabilities. Furthermore, these loans often provide no credit check options, making them accessible to a wider range of applicants, including those with poor credit histories.

    Ultimately, instant loans grant borrowers quick access to cash, helping them address emergency financial needs.

    Quick and Easy Application Process

    One of the main advantages of instant loans is the straightforward application process, which makes borrowing easy for those facing emergencies. Unlike traditional loans that often involve extensive paperwork and lengthy approval times, online payday loans enable borrowers to complete a short application form in just a few minutes.

    This efficiency allows applicants to bypass unnecessary steps, resulting in quick funding that addresses urgent financial needs as soon as possible. The user-friendly design of online platforms enhances accessibility, ensuring that borrowers can easily navigate the necessary steps without feeling overwhelmed.

    For individuals who may not have much experience with borrowing, online payday loans feature intuitive interfaces with clear instructions and support options that enhance the user experience and provide transparent fees.

    Several factors contribute to the ability for individuals to receive funds almost instantly, including rapid turnaround times, secure application processes, and flexible repayment options. This timely access to cash reduces stress and enables borrowers to regain their financial stability without prolonged uncertainty.

    No Credit Check Loans Required

    The availability of no credit check loans guaranteed approval offers a significant advantage for many borrowers, particularly those with poor credit who may find it challenging to secure financing through traditional means, including bad credit loans.

    Instant loans, especially payday loans, typically do not require a credit check, making them more accessible to individuals facing urgent financial needs. This feature enables borrowers to obtain the funds they require quickly, without the burden of their credit history affecting their chances of approval.

    This approach not only alleviates financial pressure but also promotes responsible borrowing by providing opportunities to rebuild credit over time. For individuals caught in a cycle of financial instability, these loans can serve as a lifeline, allowing them to address immediate expenses such as medical bills or unexpected car repairs.

    The implications of no credit checks, often seen in payday loans no credit check options, broaden access to essential funds, supporting borrowers in their efforts to regain control over their finances. This practice reduces barriers to entry for individuals who have been denied traditional loans, helps borrowers manage unforeseen economic challenges, and promotes financial inclusion by addressing the needs of underserved populations.

    By facilitating this form of immediate assistance, lenders, including those in the lender network, foster a sense of hope and possibility for those who have previously been marginalized by conventional lending practices.

    Instant Approval and Funding

    Instant loans offer quick approval and funding, making them a preferred choice for borrowers in need of immediate cash compared to traditional lending options and providing a quick online process. Many lenders in the payday loan sector can provide same-day funding as long as the application is approved.

    Whether to cover a medical bill, a car repair, or a broke appliance, the instant availability of funds is often cited as the primary benefit of these loans. For borrowers, particularly those with low incomes and little to no savings, the ability to access funds during a financial crisis is invaluable.

    While many consumer loan providers can deliver funding by the next business day, some lenders can facilitate same-day funding. These include payday lenders, who may disburse funds in cash, via money order, prepaid debit card, or through direct deposit into the borrower’s checking account.

    Rapid approval and funding provide borrowers with the means to handle urgent financial situations, such as medical emergencies, car repairs, overdue bills, and unexpected expenses, all of which can cause significant distress. Research from the Financial Consumer Agency of Canada (FCAC) revealed that 70% of individuals using instant loan services feel less stressed after quickly resolving their financial issues.

    Parents, for instance, can access instant cash loans to manage unexpected expenses related to their children. For example, if a child has an accident while playing and requires immediate medical attention, parents often need to pay for parking and medical bills before they can file an insurance claim, which may involve payday loans online.

    To illustrate the differences between a traditional loan and an instant loan, consider the following scenario: You need $1,500 for a family medical bill and approach your bank, where you have an excellent account history, for a traditional personal loan.

    The Traditional Loan Process: as seen in many financial institutions.

    • You submit a loan application.
    • Approval may take two to three business days, though it could be quicker if you have an existing account with the lender.
    • The lender’s underwriting process may take an additional one to two business days.
    • You receive your funds, which could take another business day, depending on the time of day you applied.

    Total Time for the Traditional Loan Process: 4-6 business days.

    The Instant Cash Loan Process:

    In contrast, the steps and timelines for an instant loan are as follows:

    • You submit a loan application.
    • The lender may approve it within an hour, provided you have accurately filled in all required fields and submitted the necessary documents.
    • Although instant loans are generally for smaller amounts (often a few hundred dollars) or short-term loans with higher interest rates, the lender may take some time to verify your information due to the increased risk of fraud.
    • The lender can transfer the funds electronically to your account or provide them via a prepaid debit card, offering flexible loan terms.

    Total Time for the Instant Cash Loan Process: A few hours.

    In summary, instant loans, including same day feedback options, deliver a significantly faster and more convenient solution for those in urgent financial need compared to traditional loans.

    Flexible Repayment Options, Including Loan Alternatives

    Flexible repayment options are a significant advantage of instant loans, enabling borrowers to customize their repayment plans based on their individual financial situations. Many lenders provide a variety of terms that cater to different budgets and repayment capacities, offering alternatives suitable for both experienced borrowers and those with poor credit.

    Whether choosing short-term repayment schedules or longer installment loans, these flexible terms help ensure that borrowers are not overwhelmed by their obligations, resulting in a more manageable repayment experience.

    The availability of tailored repayment options allows individuals to select plans that align with their income cycles and cash flow patterns. This increased adaptability greatly enhances the financial stability of borrowers by alleviating the stress associated with rigid payment schedules.

    For instance, some lenders may offer the option of bi-weekly payments instead of the standard monthly schedule, which can be more convenient for those who receive paychecks at varying intervals. Others may permit borrowers to choose longer loan terms, resulting in lower monthly payments and increased affordability.

    Ultimately, these diverse loan terms not only accommodate a range of financial situations but also enable borrowers to take control of their repayment processes, leading to improved overall financial well-being.

    What Are the Risks of an Instant Loan for Bad Credit?

    While instant loans offer several advantages, it is crucial for borrowers to understand the associated risks of this type of financing. The most significant risks of instant loans include the fact that their interest rates are often very high, resulting in substantial repayment amounts over time.

    Additionally, the short repayment terms typically associated with payday loans can lead borrowers who are unable to repay their loans quickly into a cycle of debt, which may cause further financial difficulties. By being aware of these risks, individuals can make informed decisions before accepting an instant loan.

    High Interest Rates

    The primary risk associated with instant loans is the potential for high interest rates, which can significantly increase the total amount owed. Many payday loans, designed for quick access to cash, come with very high interest rates that may not be immediately apparent to borrowers.

    As individuals navigate their financial needs, it is crucial for them to understand the implications of these elevated rates in order to avoid the risk of further financial hardship and escalating debt.

    The high interest rates on instant loans typically result from a combination of the lender’s risk assessment and the borrower’s financial situation. Borrowers often seek these loans due to urgent financial needs and limited alternatives, which creates an environment where lenders can impose excessive fees.

    Research indicates that the average annual percentage rate (APR) for payday loans can exceed 400%, dramatically increasing the repayment amount. For instance, a $500 loan at a 400% APR, if paid in full within 30 days, would require a repayment of nearly $750, highlighting the potential for hidden fees.

    Before taking out these loans, borrowers should be aware not only of the short-term benefits but also of the long-term risks associated with accumulating debt. Knowledge and awareness are essential for individuals to make informed decisions for themselves and their families.

    Short Repayment Terms

    Short repayment terms pose a significant risk associated with instant loans, particularly payday loans and their payday borrowing options, which often require repayment within just a few weeks. This limited timeframe can pressure borrowers to quickly gather the necessary funds for repayment, leading to financial strain if they are unable to meet their obligations on time.

    It is essential for anyone considering these borrowing options to fully understand the dangers of short repayment terms and to assess their ability to repay quickly. The urgency of such deadlines can compel borrowers to resort to high-interest financing options or roll over their loans, both of which can result in an inescapable debt spiral.

    To avoid falling into this precarious situation, borrowers can take several prudent steps, including exploring options like online personal loans, to mitigate the challenges posed by short repayment terms.

    • First, they should create a detailed budget that prioritizes monthly expenses, allowing them to plan their spending to ensure sufficient funds for loan repayment.
    • Additionally, exploring repayment options with lenders that offer a gradual repayment plan can be beneficial.
    • Lastly, building an emergency fund by setting aside a small amount each month— even as little as $5— can provide some savings to cover unexpected expenses.

    By taking these steps, borrowers can better manage their repayment schedules and reduce the risks associated with short-term loans.

    Potential for Debt Cycle

    The potential for a debt cycle poses a significant risk associated with instant loans, particularly for borrowers who are not adequately prepared to repay their loans on time. If individuals are unable to repay instant loans promptly, they may resort to taking out new loans to cover their existing debts, leading to a perilous borrowing chain as debts accumulate and financial strain escalates. This is a risk that borrowers must recognize to avoid becoming trapped in a cycle that can be difficult to escape and detrimental to their long-term financial health.

    It is crucial for borrowers to be aware of the signs of a debt cycle, which may include increased reliance on loans for everyday expenses, frequently changing due dates, missed payments, and accumulating late fees. To prevent falling into this trap, individuals should establish a strict budget that accounts for all expenses and repayments, ensuring they never borrow more than they can realistically afford to repay.

    If they are struggling to manage their debts, seeking financial counseling from experts like CreditNinja or David Jones can be beneficial.

    Awareness and proactive measures can help individuals evade the pitfalls of a debt cycle.

    How to Choose the Right Instant Loan Lender for Big Buck Loans?

    Choosing the right instant loan lender for your fund finance needs is a crucial step to ensure you receive the financial assistance you need while minimizing potential risks.

    With many lenders available in the instant loan market, it is vital to evaluate your options by considering several factors, including interest rates, repayment terms, and the lender’s reputation within the lending network.

    Reviewing testimonials and feedback from previous borrowers can provide valuable insights into the lender’s reliability and quality of service, helping you select a lender that best meets your needs.

    Research and Compare Lenders with Low Credit Finance

    Researching and comparing lenders is a crucial step in obtaining an instant loan, especially in cities like London, as it enables borrowers to identify options that best suit their needs. In today’s digital world, numerous tools and resources are available to assist individuals in exploring different lenders and their offerings, such as interest rates, fees, and loan terms. Investing time in research can lead to more favorable loan terms and help borrowers avoid predatory lending practices.

    Understanding the nuances of various lender offerings is essential, especially in the often complex realm of personal finance. Online comparison tools can significantly simplify this process by consolidating key elements from multiple lenders into an easy-to-read format.

    Here are some important points to keep in mind:

    • Exploring Customer Reviews: Past borrowers frequently share their experiences with lenders, and analyzing overall trends in customer satisfaction can provide valuable insight into whether a particular company is worth considering.
    • Checking Licensing and Accreditation: Always ensure that the lender is licensed to operate in your state and verify any relevant accreditations.
    • Analyzing Transparency in Terms: Seek out lenders who are upfront about their fees, terms, and penalties.

    By being as transparent as possible with lenders about their financial situations, consumers can build a more secure future for themselves.

    Read Reviews and Testimonials

    Reading reviews and testimonials is one of the most effective ways to choose an instant loan lender, as it offers insight into the experiences of other borrowers. Numerous online platforms and review sites provide individuals with access to feedback about specific lenders, highlighting their customer service, loan processes, and overall satisfaction. This information is invaluable for potential borrowers to assess a lender’s reputation within the lending network and determine whether they can trust the institution with their financial needs.

    Researching these evaluations not only promotes well-considered choices but also enables those seeking financial assistance to identify lenders that align with their expectations and values. Customer feedback serves as a compass, guiding users through the vast array of options available in the lending landscape. By exploring a diverse range of opinions, individuals can identify trends and patterns, revealing which lenders consistently meet or exceed borrower expectations.

    Consulting multiple sources enhances the reliability of the information gathered, fostering a comprehensive understanding of each lender’s offerings. Suggested methods for gathering reviews include:

    • Visiting reputable review websites
    • Participating in online forums
    • Consulting friends or family for personal experiences

    Leveraging customer testimonials can significantly enrich any borrower’s search for the right lending partner.

    Check for Proper Licensing and Regulations

    Ensuring that the immediate loan lender is credentialed and compliant is one of the most important ways to protect yourself financially. The modern financial landscape offers a multitude of options, and understanding the nuances of lenders requires careful discernment.

    Verifying a lender’s credentials is crucial, as it helps borrowers distinguish between reputable and unscrupulous lenders. Unscrupulous lenders often target individuals who may be financially inexperienced or desperate for quick financing. Engaging with uncredentialed or non-compliant lenders can lead to predatory practices, including exorbitantly high interest rates and abusive fees.

    Borrowers should begin by consulting their state’s licensing board or regulatory financial authority to verify a lender’s credentials. This typically involves one of the following steps:

    • Visiting the website of the relevant state agency, which maintains a list of licensed lenders;
    • Calling the regulatory office to inquire about a specific lender’s credentials;
    • Searching online for consumer reviews or warnings regarding particular lenders.

    If a lender lacks proper credentials and compliance, it is essential to question the reasons behind this.

    Frequently Asked Questions

    What is an instant loan online guaranteed approval?

    An instant loan online guaranteed approval is a type of loan that is approved and disbursed within a short period of time, usually within 24 hours. These loans are guaranteed to be approved as long as the borrower meets the minimum eligibility requirements.

    What is the difference between an instant loan and a traditional loan?

    The main difference between an instant loan and a traditional loan is the time it takes for the loan to be approved and disbursed. Traditional loans can take weeks or even months to be approved and disbursed, while instant loans can be approved and disbursed within 24 hours.

    How do I apply for an instant loan online guaranteed approval?

    To apply for an instant loan online guaranteed approval, you can visit the website of a reputable lender and fill out their application form. You will need to provide some basic personal and financial information and submit any required documents.

    Can I get an instant loan online with bad credit?
    Yes, you can still get an instant loan online with bad credit. Many lenders offer instant loans to individuals with less than perfect credit. However, keep in mind that the interest rates and loan terms may be higher for those with bad credit.

    What is the maximum amount I can borrow with an instant loan online? Can it be processed in 1 hour payday loans?

    The maximum amount you can borrow with an instant loan online varies depending on the lender and your financial situation. Some lenders offer small instant loans, such as $100 loans, while others may offer larger loans up to $5,000.

    How quickly can I receive the funds from an instant loan?

    If you are approved for an instant loan online, the funds will typically be deposited into your bank account within one business day. In some cases, you may be able to receive the funds on the same day if you apply and are approved early in the morning.

    Media Contact:
    Company Name: IOnline Payday Loans
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://ionlinepaydayloans.com/
    Email: mria@ionlinepaydayloans.com
    Phone: 307-777-7311
    Contact person name: Mria

    Disclaimer: This announcement contains general information about IOnline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/07213980-370a-491b-a3af-a6643b1d5234

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b1dc704c-5252-4bf5-8efa-3a29dd3eb2de

    The MIL Network –

  • MIL-OSI: MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 08, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announces it will list Doodles (DOOD) on May 9, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 50,000 USDT Worth of DOOD & 50,000 USDT Bonus for new and existing users.

    Doodles is a Web3-native creative brand established in October 2021 by Canadian digital artist Burnt Toast (Scott Martin), alongside Evan Keast and Jordan Castro. The project features a collection of 10,000 unique generative NFT avatars, renowned for their vibrant, pastel-colored designs. Since its inception, Doodles has evolved into a multifaceted entertainment brand, expanding into animation, music, and fashion collaborations. Doodles has also partnered with prominent brands like Adidas, Crocs, and McDonald’s to bridge NFT culture with mainstream audiences.

    In February 2025, Doodles announced the launch of its official token, DOOD, aimed at enhancing community engagement and supporting the decentralized development strategy of Doodles. Following the announcement of the token, Doodles NFT trading volume surged to $16 million in one week, marking the second-highest weekly trading volume in the project’s history. The total supply of DOOD is capped at 10 billion, with no possibility of inflation. As a key element in fostering community interaction and value sharing, DOOD enables token holders to participate in governance, access exclusive content, and contribute to the growth of the Doodles ecosystem.

    To celebrate the listing, MEXC is hosting an Airdrop+ event from May 8, 11:00 to May 18, 11:00, 2025 (UTC), offering a range of rewards and exclusive opportunities:

    Benefit 1: Deposit and share $32,000 USDT in DOOD (New user exclusive)
    Benefit 2: Spot Challenge – Trade to share $10,000 in DOOD (For all users)
    Benefit 3: Futures Challenge – Trade to share 50,000 USDT in Futures bonus (For all users)
    Benefit 4: Invite new users and share $8,000 in DOOD (For all users)

    MEXC has established itself as an industry leader by consistently providing users with early access to promising projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, the exchange has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

    For full event details and participation rules, please visit here.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 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
    lucia.hu@mexc.com

    Disclaimer: This is a paid post and 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. We do not guarantee any claims, statements, or promises made in this article. 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. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    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 assume no responsibility for any inaccuracies, errors, or omissions. 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/b631a595-d2ed-4ac7-8d15-5009779b29cd

    The MIL Network –

  • MIL-OSI Russia: China warns Philippines against infringing on China’s core interests in any form

    Translation. Region: Russian Federal

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

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

    Xinhua | 08. 05. 2025

    Keywords: any form, interests of China, infringement, China, Philippines, warned, Philippines, stern warning, departmental press, Zhang, Shandong, Thursday, exercises, Taiwan, USA, North

    BEIJING, May 8 (Xinhua) — Chinese Defense Ministry spokesman Zhang Xiaogang on Thursday issued a stern warning to the Philippines against infringing on China’s core interests in any form.

    Zhang Xiaogang made the remarks at a departmental press conference in response to a question about the appearance of the Chinese aircraft carrier Shandong in waters north of the Philippines during recent joint military exercises between the Philippines and the United States, as well as a statement by a Philippine Navy spokesman about possible joint exercises involving the Philippines and Taiwan. -0-

    Source: Xinhua

    China warns Philippines against infringing on China’s core interests in any form China warns Philippines against infringing on China’s core interests in any form

    MIL OSI Russia News –

  • MIL-OSI Russia: China steps up efforts to promote non-state sector development

    Translation. Region: Russian Federal

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

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

    BEIJING, May 8 (Xinhua) — China is introducing a series of measures to promote the development of the country’s non-state sector economy, officials said at a press conference held by the State Council Information Office on Thursday.

    The newly enacted Law on Promoting the Development of the Non-State Sector of the Economy enhances development certainty through legal stability, providing confidence to non-state enterprises seeking growth in a calm environment, Zheng Bei, deputy head of the National Development and Reform Commission (NDRC), said at a press conference.

    In order to ensure fair participation in market competition, the law stipulates that China will implement a unified nationwide system of negative lists to regulate market access, Zheng Bei noted.

    Regarding equal access to production factors, the law ensures that non-state economic entities have equal rights to use capital, technology, human resources, digital data, land and public service resources on a legal basis, ensuring a level playing field for all stakeholders, she added.

    According to her, the SCRRK has launched a number of major projects in sectors such as nuclear energy and railways. In some nuclear energy projects, the share of non-state capital has reached 20 percent, while in projects in areas such as industrial equipment renewal and resource utilization and reuse, the share of investment by non-state enterprises has exceeded 80 percent.

    Zheng Bei said that this year, China will launch high-quality projects with a total investment of about 3 trillion yuan (about 416.2 billion US dollars) in sectors such as transportation, energy, water conservancy and new infrastructure.

    From January to April this year, the proportion of non-state-owned enterprises winning tenders increased by 5 percentage points compared with the same period last year, Zheng Bei said, adding that among projects worth less than 100 million yuan, non-state-owned enterprises accounted for more than 80 percent of the total number of winning projects.

    Speaking at the aforementioned press conference, Deputy Director General of the State Administration of Financial Regulation of the People’s Republic of China Cong Lin said that loans issued by banking financial institutions to enterprises in the non-state sector of the economy have maintained steady growth.

    According to her, over the past five years, loans issued to non-state enterprises have grown at an average annual rate of 1.1 percentage points higher than the overall growth rate of loans of all categories.

    As of the end of the first quarter of this year, the outstanding balance of loans issued to non-state-owned enterprises reached 76.07 trillion yuan, up 7.41 percent year on year, Cong Lin added, noting that the outstanding balance of inclusive loans issued to micro and small enterprises was 35.3 trillion yuan, up 12.5 percent year on year.

    The Law on Promoting the Development of the Non-State Economy, which will take effect on May 20 this year, stipulates that promoting the sustainable, healthy and high-quality development of the non-state economy is an important and long-term policy of China. -0-

    MIL OSI Russia News –

  • MIL-OSI USA: Join us on 5/22 for a Foreign and Comparative Law Webinar: “How to Handle AI? – Italian National Regulation in the Context of European Law”

    Source: US Global Legal Monitor

    The following is a guest post by Dante Figueroa, a senior legal information analyst at the Law Library of Congress covering Italian, Vatican, Roman, and Canon law. Dante has previously published the following posts: From Summorum Pontificum to Traditionis Custodes: Changes in Liturgical Matters at the Catholic Church, Vatican Criminal Law and Recent Money Laundering Cases, Collections and Digitization Projects of the Vatican Apostolic Library, and The Roman Senate as Precursor of the U.S. Senate, among others. 

    Please join us on May 22, 2025, at 2:00 p.m. EDT for another entry into our Foreign and Comparative Law Webinar series with our “How to Handle AI? – Italian National Regulation in the Context of European Law” webinar. Artificial Intelligence (AI) is the new reality the world is facing in the 21st century. Most know about it, but few understand it properly, and even fewer dare to predict the implications of AI in all aspects of life.

    In this context, current developments and innovations concerning AI pose meaningful challenges to governments and the private sector, in particular in the area of fundamental human rights. For instance, the inclusion of Algorithmic Decision-Making (ADM) processes in various aspects of human endeavors, such as policing, employment, health care, business, and criminal justice, may reinforce and even create new barriers to fairness in society.

    Regulation (EU) 2024/1689 (“AI Act”) is the world’s first regulatory framework on AI. This regulation offers a comprehensive legislative framework for using AI, with broad coverage and allocated duties and obligations based on a hierarchy of risks to health, safety, and fundamental human rights. Accordingly, the AI Act contains regulatory tools available to member states and private actors with the ultimate purpose of shielding real or perceived disruptions caused by AI on contemporary societies. Other European Union (EU) regulations also tackle AI, including the EU’s General Data Protection Regulation (“GDPR”) and the “Digital Services Act.”

    In this context, the webinar will analyze the aforementioned EU’s AI regulatory framework, from a legal and ethical perspective, to understand the challenges posed by AI innovations to the traditional human-centered environment. Particular attention will be given to the recent European Court of Justice’s decision in the “Schufa case.”

    Italy is not unaware of the many challenges posed by AI in various sectors of life. On April 23, 2024, the Council of Ministers approved a draft of a legislative bill dedicated to AI. Most recently, on March 20, 2025, a legislative bill was introduced into the Italian Senate concerning AI. However, no enacted legislation on AI currently exists in Italy.

    Accordingly, the webinar will also ponder the current and future implications of both EU and tentative domestic legislation on AI for Italy.

    Register here. 

    The main speaker will be Roberto D’Orazio, who is a senior legislative analyst at the Italian Parliamentary Library, and will present alongside Dante Figueroa, senior legal information analyst at the Law Library of Congress. Dante has a J.D. degree from the University of Concepcion, Chile, an LL.M. from the University of Chile, and an LL.M. from American University in Washington, D.C. He is fluent in Spanish, English, French, and Italian, and conversant in German and Portuguese.

    To learn about other upcoming classes on domestic and foreign law topics, visit the Legal Research Institute. Please request ADA accommodations at least five business days in advance by contacting (202) 707-6362 or [email protected].

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News –

  • MIL-OSI Security: FBI Richmond Arrests Three Alleged Child Predators in Support of Nationwide Operation

    Source: Federal Bureau of Investigation FBI Crime News (b)

    RICHMOND—The Federal Bureau of Investigation has concluded a national surge of resources to arrest alleged child sexual abuse offenders and combat child exploitation. In a coordinated effort from April 28th to May 1st, all 55 FBI field offices participated in Operation Restore Justice, during which 205 people were arrested and 115 children were rescued nationwide.

    The Richmond Field Office arrested three subjects from across Virginia as part of this operation:

    • Allan Martin of Henrico, Virginia, was arrested on April 29, 2025, for possession and receipt of child sexual abuse material.
    • Saoeun Hing of Richmond, Virginia, was arrested on May 1, 2025, for possession and receipt of child sexual abuse material.
    • Christopher Johnson of Salem, Virginia, was arrested on May 2, 2025, for transportation of material involving the sexual exploitation of minors.

    “Child exploitation cases are among our top priorities, as they involve our most vulnerable victims,” said FBI Richmond Special Agent in Charge Stanley M. Meador. “The FBI Richmond team, through our Child Exploitation Task Forces, works around the clock to track down these subjects and hold them accountable for their heinous actions.”

    FBI Richmond worked jointly with Virginia State Police, Henrico County Division of Police, Chesterfield County Police Department, and the United States Attorney’s Offices from the Eastern and Western Districts of Virginia on Operation Restore Justice, which coincided with Child Abuse Prevention month. Throughout the entire month of April, the FBI arrested more than 190 subjects on charges related to crimes against children. With nearly 400 arrests in one month, these actions are the direct result of the FBI’s continued efforts to track down and stop sexual predators before they can harm more victims.

    The FBI identifies individuals involved in child sexual exploitation and the production of child sexual abuse material through our far-reaching, nationwide network of personnel and law enforcement partners. The FBI’s Violent Crimes Against Children (VCAC) program provides a rapid, proactive, and comprehensive approach to counter all threats of abuse against children. This capacity leverages partnerships within the FBI’s 89 Child Exploitation Human Trafficking Task Forces (CEHTTFs) across the country. The FBI leads a Violent Crimes Against Children International Task Force, which includes nearly 100 International Task Force Officers from over 60 countries to expand our ability to address the threat worldwide.

    The FBI partners with the nonprofit National Center for Missing and Exploited Children (NCMEC), which receives and shares tips about possible child sexual exploitation received through its 24-hour hotline at 1-800-THE-LOST and on missingkids.org. In further collaboration with NCMEC, the FBI created the Endangered Child Alert Program (ECAP) to identify individuals involved in the sexual abuse of children and the production of child sexual abuse material. To date, ECAP has identified 36 individuals.

    For more information about the crimes investigated by the FBI as well as the variety of resources available to protect and keep children safe, please visit:

    As always, the FBI urges the public to remain vigilant and report any suspected crime against a child to 911 and local law enforcement immediately, as well as to the FBI at 1-800-CALL-FBI (225-5324), online at tips.fbi.gov or by contacting the FBI Richmond Field Office at (804) 261- 1044.

    MIL Security OSI –

  • MIL-OSI: Fluent, Inc. and Rebuy Partner to Unlock Post-Purchase Advertising for Shopify Merchants

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, and Rebuy Engine, a leading ecommerce personalization platform for Shopify brands, have announced a strategic partnership to launch Rebuy Ads powered by Fluent, a new product offering designed to help merchants further engage their customers while unlocking additional revenue at no cost.

    Unparalleled Scale and Insights

    Rebuy Engine is uniquely positioned to drive impact at scale, generating over $1 billion in new revenue for its 12,000+ active merchants each year. The partnership leverages Fluent’s AI-powered advertiser marketplace and extensive expertise in demand generation, and pairs that with Rebuy Engine’s deep integration with the Shopify ecosystem and growing partner network.

    Rebuy Ads powered by Fluent is revenue-positive for merchants—no investment in new tools or services required. It’s a unique offering that pays merchants for adoption rather than charging them, ensuring a high-value, risk-free opportunity while also providing Fluent access to new audiences via Rebuy Engine’s extensive merchant network. This innovative approach is expected to drive rapid adoption and engagement within the Rebuy Engine merchant community and Shopify platform.

    “We’re excited to launch a solution that gives our merchants new revenue opportunities,” said Rebuy Co-Founder, James Van Erck. “With this new offering, merchants can monetize the thank-you page and get paid through Rebuy Ads powered by Fluent. Fluent’s competitive positioning in commerce media and commitment to partner success make them an ideal partner for this new endeavor. We believe this partnership strengthens our focus on helping brands deliver personalized experiences, convert more traffic, and grow faster.”

    Tim Lukens, President of Commerce Media at Fluent, stated, “Our proficiency in performance marketing drives measurable growth for our partners. We are thrilled to collaborate with Rebuy to bring an integrated and unique solution to the Shopify ecosystem—leveraging our expertise in customer acquisition and engagement to create a seamless, high-value opportunity for merchants. Rebuy’s expansive partner network and merchant-first approach align seamlessly with Fluent’s mission to deliver high-impact commerce media solutions at scale.”

    Looking Ahead

    The Fluent and Rebuy partnership marks a significant step in expanding monetization opportunities for merchants while reinforcing the companies’ mutual commitment to design-led innovation and growth. With the combined expertise of both companies, Rebuy Ads powered by Fluent is set to redefine how Shopify merchants engage with performance-driven advertising. For more information on Rebuy Ads powered by Fluent and partnership opportunities, visit https://www.rebuyengine.com/product/ads.

    About Rebuy
    Rebuy empowers Shopify stores of all sizes to deliver personalized shopping experiences designed to increase conversions, boost order values, and retain more customers using intelligent upsells, cross-sells, and post-purchase follow-ups. More than 12,000 of the fastest-growing brands on Shopify use Rebuy, including Olipop, Aviator Nation, Momofuku, Tecovas, and DIME Beauty.

    About Fluent, Inc.
    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights, visit https://www.fluentco.com.

    Forward-Looking Statements
    This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. Readers are also advised to consider the factors under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q and other SEC filings. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

    Contact Information
    Walter Frank
    IMS Investor Relations
    fluent@imsinvestorrelations.com

    The MIL Network –

  • MIL-OSI: Consumer Portfolio Services Deploys AI-Powered Servicing Platform from Salient to Advance Collections Strategy

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, NV, May 08, 2025 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers, today announced the deployment of a next-generation AI-powered servicing and collections platform developed in partnership with Salient, a leading provider of AI voice agent solutions tailored for the automotive industry.

    As Consumer Portfolio Services continues to scale its loan portfolio and optimize servicing operations, Salient’s AI platform is expected to play a key role in accelerating collections and improving repayment consistency, which should improve credit performance over time. The platform leverages conversational AI voice agents to automate borrower outreach across key servicing functions, including payment collection, due date adjustments, payoff management, and insurance verification, allowing CPS to redeploy human agents to focus on more complex cases. Salient’s platform has demonstrated a more than 60% reduction in handle times and improved customer response rates in previous implementations, positioning CPS to benefit from similar efficiency gains as it integrates the technology in 2025.

    “Our progress in scaling efficiently is supported by strategic investments in advanced AI automation,” said Mike Lavin, Chief Operating Officer of CPS. “By leveraging Salient’s voice AI agents to handle routine servicing tasks, we can free up our human agents to focus on higher-value and more complex customer interactions, strengthening our overall servicing and collections strategy. Salient’s technology enables us to execute collections strategies with greater precision and speed, improving repayment consistency, which should strengthen cash flow and credit performance over time. As we continue to expand our portfolio and originations, this integration reinforces the strength of our servicing platform while ensuring strict regulatory compliance.”

    Salient’s AI platform has processed over $1 billion in transactions and is built specifically for the automotive lending industry. The platform ensures compliance with key lending regulations, including FDCPA, FCRA, UDAAP, and CFPB guidelines, while maximizing customer outreach effectiveness. By automating outreach and borrower interactions, the platform enhances customer responsiveness and regulatory adherence.

    CPS recently reported strong loan origination growth, with a 52% year-over-year increase in new auto loan originations for the fourth quarter of 2024 and a total portfolio balance reaching a company record $3.6 billion. As CPS enters 2025 with momentum, leveraging AI-driven servicing solutions is expected to support continued efficiency gains and may contribute to further improvements in loan performance, reductions in servicing costs, and enhancements in overall portfolio profitability.

    About Consumer Portfolio Services:
    Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.

    About Salient
    Designed specifically for the consumer finance sector, Salient is a cutting-edge generative AI platform crafted to revolutionize customer-lender interactions. With its innovative technology solutions, Salient seamlessly automates vital operational processes across voice, text, and email channels, delivering a more streamlined and efficient communication experience for clients. Launched in 2023, Salient has interacted millions of US consumer, collected over $1 billion, and is backed by top tier venture capital firms, including Andreessen Horowitz, Y Combinator, Matrix Partners, and General Catalyst, alongside leaders from Tesla, Stripe, and Airtable. This platform promises to set new standards in the way automotive finance is approached and managed.

    Company Contact
    Danny Bharwani
    Chief Financial Officer
    949-753-6811

    Investor Relations Contact
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    CPSS@gateway-grp.com

    The MIL Network –