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Category: Transport

  • MIL-OSI: January Chapter 11 Commercial Filings Increase 16 Percent Over Last Year

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and ALEXANDRIA, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — There were 539 commercial chapter 11 filings recorded in January 2025, a 16 percent increase from the 465 commercial chapter 11s in January 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial bankruptcy filings rose 11 percent in January 2025, with the 2,358 filings ticking up from the 2,126 filings in January 2024. Small business filings, captured as subchapter V elections within chapter 11, increased 7 percent to 171 in January 2025, up slightly from 160 in January 2024.

    Total bankruptcy filings increased 13 percent to 41,492 in January 2025 from the 36,629 filings recorded in January 2024. Individual bankruptcy filings also increased 13 percent in January to 39,134, up from the January 2024 individual filing total of 34,503. There were 22,938 individual chapter 7 filings in January 2025, a 17 percent increase over the 19,580 filings recorded in January 2024, and there were 16,087 individual chapter 13 filings in January 2025, an 8 percent increase over the 14,873 filings last January.

    “Total bankruptcy filings continue to grow double digit percentages each month,” said Michael Hunter, Vice President of Epiq AACER. “The signs of consumer stress also have become more pronounced as credit card delinquency reach a 12-year high and the share of those active credit card holders making the minimum payments are at a 13-year high. I expect this growth trend to continue and then accelerate after tax season concludes into the summer months.”

    “The pace of year-over-year increases for both small business subchapter V elections and consumer chapter 13 filings continues to taper following the expiration last year of enhanced debt limits for both filing categories,” said ABI Executive Director Amy Quackenboss. “We look forward to continuing to work with Congress to provide the data and research needed to demonstrate how higher debt-eligibility limits for small businesses and individuals creates greater access and a more efficient process for families and businesses looking for a financial fresh start.”

    Compared to December, bankruptcy filings registered moderate fluctuations. Total bankruptcies increased 9 percent over December’s 38,130 filings, and consumer bankruptcies also edged up 9 percent over December’s total of 35,791. Individual chapter 7s increased 5 percent, and chapter 13s increased 17 percent, from December’s filings. Overall commercial filings increased 1 percent from the 2,339 filings registered in December. Conversely, commercial chapter 11s decreased 3 percent from December’s 553 filings, and subchapter V elections within chapter 11 decreased 9 percent from the 187 filed in December 2024.

    ABI has partnered with Epiq Bankruptcy to provide the most current bankruptcy filing data for analysts, researchers, and members of the news media. Epiq Bankruptcy is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Its Bankruptcy Analytics subscription service provides on-demand access to the industry’s most dynamic bankruptcy data, updated daily. Learn more at https://bankruptcy.epiqglobal.com/analytics.

    About Epiq
    Epiq, a global technology-enabled services leader to the legal industry and corporations, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at https://www.epiqglobal.com.

    About ABI 
    ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

    Press Contacts
    Carrie Trent
    Epiq, Director of Communications & Public Relations
    Carrie.Trent@epiqglobal.com

    John Hartgen
    ABI, Public Affairs Officer
    jhartgen@abi.org

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Melissa Alert Service Revolutionizes Active Data Quality with Real-Time Alerts

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, CALIF., Feb. 04, 2025 (GLOBE NEWSWIRE) — The critical nature of data accuracy has paved the way for Melissa’s newest data quality solution—the first of its kind to run automated checks giving businesses real-time insights into changes within their customer data. Melissa Alert Service is a transformative cloud-based contact management service (CMS) that promises to streamline operations, improve decision-making, and maintain the most accurate customer records for organizations across industries.

    “As an all-in-one hub for data storage, validation, and monitoring, Melissa Alert Service represents a dramatic shift in how businesses manage data quality,” said Bud Walker, Chief Information Officer at Melissa, a global leader in data quality and address management solutions. “By continuously monitoring and updating customer data, this service eliminates manual checks, reduces errors, and ensures businesses always have the most accurate and actionable customer insights at their fingertips.”

    Melissa Alert Service allows businesses to upload customer records, such as addresses and property data, into Melissa Vault, a secure cloud-based system. The Melissa Alert Service system continuously monitors these records against Melissa’s current data updates and automatically sends alerts when changes are detected. Whether it’s a change of address, updated property details, such as ownership transfers, the service empowers businesses to act on accurate data immediately.

    Key Features and Benefits of the Melissa Alert Service:

    • Live Notifications: Automatically alerts users to changes in their customer or property records, ensuring up-to-date and reliable data
    • Comprehensive Monitoring: Tracks an array of daily, weekly, monthly data updates, including National Change of Address (NCOA), property ownership, and address corrections
    • Scalable Solutions: Designed for businesses of all sizes, with flexible subscription tiers supporting up to one million records
    • Ease of Use: Offers seamless data uploads via FTP or API, enabling integration with CRM tools like HubSpot and other marketing platforms
    • Future-Proofing: Provides businesses with a scalable platform for ongoing data monitoring and future alert capabilities, including weather events, vacancies, and deceased monitoring

    “Whether you’re a marketing team managing campaigns or an insurance company monitoring properties, Melissa Alert Service provides unmatched convenience and accuracy,” said Phil Maitino, Chief Technology Officer at Melissa. “The service is flexible to accommodate user-scheduled jobs and data attributes required by your particular business—empowering businesses to focus on growth and customer satisfaction based on their specific needs.”

    Melissa is offering subscription-based pricing tailored to business needs, starting at just $95 annually for up to 10,000 records. Higher tiers accommodate businesses managing up to one million records, ensuring scalability for organizations of all sizes.
    For more information, access the Melissa Alert Service page, visit www.Melissa.com, or contact sales@Melissa.com.

    About Melissa
    Since 1985, Melissa has specialized in global intelligence solutions to help organizations unlock accurate data for a more compelling customer view. More than 10,000 clients worldwide in arenas such as retail, education, healthcare, insurance, finance, and government rely on Melissa for full spectrum data quality and ID verification software, including data matching, validation, and enhancement services to gain critical insight and drive meaningful customer relationships. For more information or free product trials, visit www.Melissa.com or call 1-800-MELISSA (635-4772).

    Media contacts
    Greg Brown
    Vice President, Global Marketing, Melissa
    greg.brown@Melissa.com
    +1-800-635-4772 x1130

    MPoweredPR for Melissa
    pr@mpoweredpr.com
    +1-877-794-6777

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Duck Creek Technologies Launches End-to-End Payments Marketplace and New Integration with Paymentus

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces the launch of its Payments Marketplace, a comprehensive payments ecosystem purpose-built for the global insurance industry. The Duck Creek Payments Marketplace offers seamless integration with trusted payment providers and delivers end-to-end payment management for carriers. Duck Creek announced a significant partnership with Paymentus, (NYSE: PAY), a leading provider of digital payment solutions to our marketplace for ease of integration. This partnership brings billions in payment volume to the Payments Marketplace. Together, Duck Creek and Paymentus will serve several global Top 10 insurance carriers as well as large regional insurers as customers. 

    Leveraging the Duck Creek Payments Orchestrator, the Payments Marketplace accelerates payment integration timelines to as little as one to two weeks—a significant improvement over the nine to 18 months typically required for direct integrations. Notably, the integration process leverages Duck Creek Payments Orchestrator, offering carriers rapid connectivity without requiring years of orchestration readiness. Duck Creek Payments Orchestrator connects insurers to global payment technologies and providers, supporting both collections and payouts, regardless of existing IT infrastructure.

    “Duck Creek continues to innovate with the launch of our Payments Marketplace, which represents a major leap forward in insurance technology and delivers security-focused, seamless payment processing for carriers and their customers,” said Allan Lacoste, Chief Payments Officer at Duck Creek Technologies. “Through strategic partnerships with industry leaders like Paymentus, we’re building a robust ecosystem that empowers carriers with both payment flexibility and reliability.”

    Carriers benefit from continuous updates, robust redundancy, and enhanced customer experiences. Payments Marketplace prioritizes best practices, certifications, and a thorough vetting process for all partners. This includes adherence to rigorous security standards and seamless compatibility with Duck Creek’s SaaS core systems.

    “Through our partnership with Duck Creek, we can deliver our best-in-class electronic billing and payment solutions to a larger, more global customer base,” said Jerry Portocalis, Chief Commercial Officer of Paymentus Holdings, Inc. “Together, we’ll realize our common goal to simplify payments for carriers and help them deliver the best customer experiences for their customers.”

    About Duck Creek Technologies  
    Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.   

    Media Contacts:  
    Marianne Dempsey/Tara Stred  
    duckcreek@threeringsinc.com  

    The MIL Network –

    February 5, 2025
  • MIL-OSI: YPrime Releases Reimagined eCOA Automated Data Change Form for More Efficient Clinical Trial Data Management

    Source: GlobeNewswire (MIL-OSI)

    MALVERN, Pa., Feb. 04, 2025 (GLOBE NEWSWIRE) — YPrime, the leading pioneer in clinical trial technology, today announced the launch of its groundbreaking electronic clinical outcome assessment (eCOA) Automated Data Change Form (DCF). This innovative solution, integrated into YPrime’s latest eCOA 7.x release, transforms how clinical trial sites manage and control their data, offering unprecedented efficiency and accuracy.

    A 2024 survey of eCOA professionals at sponsor organizations revealed that 50% of respondents identified eCOA Data Change Capabilities as a top 3 pain point1. YPrime’s reimagined automated DCF solution, part of its industry-leading 7.x eCOA platform, tackles this challenge head-on by automating data changes, significantly reducing the need for manual interventions that may delay trials and decrease quality by introducing errors. This automated system empowers site staff to execute edits in minutes rather than days or weeks, minimizing disruptions to ongoing studies and enhancing data integrity through advanced validation and edit checks with fully accessible audit trails.

    “Our reimagined Automated Data Change Form as part of our 7.x eCOA platform represents a significant advancement in clinical trial data management,” said Mike Hughes, Chief Product Officer at YPrime. “This tool is particularly valuable in today’s unique environment, where there’s increasing pressure to enhance efficiency and meet aggressive timelines while maintaining scientific rigor and data integrity. Our user experience (UX) researchers worked closely with site staff to ensure this solution meets their needs. It significantly reduces their workload and frustration, allowing them to focus more on patient care and less on administrative tasks.”

    Key Benefits of YPrime’s reimagined Automated DCF for eCOA:

    • Rapid Execution and Customization. Sites can rapidly execute changes with automated approval processes, while sponsors can tailor workflows per DCF type and study, boosting efficiency.
    • Enhanced Data Control and Integrity. Sites maintain ownership over their data, with seamless updates and comprehensive audit trails preserving data quality.
    • Error Reduction and Time Savings. Advanced validation and edit checks maintain high data standards, allowing site staff to execute edits in minutes rather than days, minimizing disruptions to ongoing studies.

    “Automating the data change process will be a game-changer for sites,” explained Alexandria Clark, BSE, CCRC, Owner of One of a Kind Clinical Research Center. “It will eliminate a time-consuming pain point and ensure we can focus more on patient care rather than administrative tasks.”

    The new DCF capability is the latest in a series of advancements included in YPrime’s eCOA 7.x, a configurable platform that has the capability to deliver study launches 47% faster than the industry average. Other recently introduced patient-focused functionalities include a glucometer/eCOA integration and the Tender Swollen Joint Count (TSJC) assessment. The company’s innovation in clinical trials has been externally recognized with the Trailblazer award from Everest Group‘s Clinical Trial Patient Engagement Products Assessment.

    YPrime eCOA supports both complex and simple studies, delivering unparalleled benefits to patients, sites, and sponsors alike. Learn more about YPrime’s advanced, 100% configurable, multi-tenant eCOA platform by visiting the YPrime website.

    About YPrime
    YPrime simplifies clinical trials with eCOA, IRT, and eConsent solutions that combine speed, flexibility, and quality. The YPrime eCOA platform enhances patient compliance with an intuitive app and easy-to-use design, streamlines site workflows through a powerful eCOA portal, integrates seamlessly with connected devices, and supports sponsors with real-time dashboards for better decision-making. A pre-validated and configurable eCOA platform delivers study startup 47% faster than industry benchmarks, with AI-supported localization that accelerates globalization. Delivering ~50% faster IRT startup times, eConsent that drives engagement, and quality metrics 55% above industry standards, YPrime is trusted by top pharma leaders and emerging biotech companies alike. With nearly two decades of experience, solutions in 250+ languages, and support in 100+ countries, YPrime is your partner in solving for certainty. Visit www.yprime.com or email marketing@yprime.com.

    Media Contact        
    Terry Rehm
    Head of Thought Leadership and Public Relations, YPrime
    trehm@yprime.com
    862-288-0329

    Citations
    1 Bustos, Drew and Hughes, Mike. eCOA Trends for Today and Tomorrow. January 2024. https://www.yprime.com/ecoa-trends-for-today-and-tomorrow/

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Seven in Ten Companies Plan to Increase Retail Media Budgets, But Scale and Measurement Remain Key Barriers

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 04, 2025 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) announced today newly commissioned research by The Path to Purchase Institute (P2PI), the 2025 Annual Trends Study, highlighting continued growth in retail media investment alongside persistent challenges in optimizing these platforms. The study reveals that 70% of companies plan to increase their retail media budgets in 2025. However, persistent challenges such as scale, targeting, and measurement remain key obstacles to broader growth across the retail industry.

    “Retail media is undeniably reshaping the way brands connect with shoppers, but proving its value isn’t always straightforward,” said Mark Rose, senior director, market strategy for TransUnion’s retail business. “Brands face challenges with targeting and measurement consistency across retailers, as well as comparing ROI across retail media and other digital media channels. The key is solving these challenges with the development of aligned best practices to broaden participation in retail media growth industry-wide.”

    Brands are optimistic on the future of retail media
    Eighty percent (80%) of marketers recognize the value of retail media, saying it is as effective or more effective than other digital channels. Whereas annual trade budgets have traditionally formed the basis for retail media budgets, the survey found that 70% of retail media spending was incremental to those annual budgets.

    Accordingly, respondents reported that retail media spending was less likely to come from trade budgets (decreasing from 26% of retail media spending in 2024 to 20% in 2024) and increasingly from media budgets (increase from 74% of retail media spending in 2023 to 80% in 2024). 

    Identifying room for improvement
    However, gaps in measurement and ROI attribution across retailers remain critical barriers. The study identifies key priorities for marketers to address these issues, including: 

    • 88% seek proof of sales lift and ROI from campaigns 
    • 45% prioritize comparable cross-retailer measurement and attribution 
    • 42% call for standardized metrics and definitions 
    • 39% emphasize the need for offline and online attribution 

    The research found significant differences in retail media networks across the industry. On average, brands were 3.4x more likely to rate the largest national retailer platforms as Excellent or Very Good in capabilities related to scale, targeting, and measurement.

    “As retailers adopt industry standards they will see improved ratings,” added Rose. “However, retailers beyond the largest national platforms will also need to simplify and streamline how brands can partner with them for large-reach national campaigns.” 

    Areas in Which Retailers are Rated as Having Very Good or Excellent Capabilities

    Retailer Type Traffic-driving Targeting Measurement Sales Growth ROI
    National Platforms 45% 50% 49% 43% 42%
    Broader Retail
    Industry*
    15% 16% 11% 13% 15%

    *National and regional retailers excluding the national platforms

    According to the report, brands currently work with an average of eight retail media networks, with nearly half (49%) engaging with no more than five networks. National retailer platforms lead in adoption, reflecting their competitive advantage in targeting, traffic-driving, and measurement capabilities. 

    “Retail media can reshape how brands connect with consumers, but we must address its challenges head-on to ensure its actual growth meets projections, and in a way that enables broad participation across the retail industry,” Rose concluded. “Focus on scale, targeting, and measurement is key to unlocking its full potential for everyone involved.”

    Explore the full findings of the 2025 Annual Trends Study and learn how these insights can inform your strategy.

    Click here for more information about TransUnion’s TruAudience® marketing solutions.

    About the 2025 Annual Trends Study
    The 2025 Annual Trends Study was conducted by the Path to Purchase Institute between August 26 and October 9, 2024, surveying 67 professionals working with retailer media networks. The study focuses on trends in retail media investment, engagement, and performance, offering actionable insights for brands and retailers.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

       
    Contact     Dave Blumberg
      TransUnion
    E-mail david.blumberg@transunion.com
       
    Telephone 312-972-6646
       

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Sunrun’s Power Plant Programs Complete Successful 2024 with Expansion and Innovation To Support Power Grids Across the Country

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that its growing portfolio of virtual power plants (VPPs) successfully supported power grids across the country in 2024 with a combined instantaneous peak of nearly 80 megawatts—a capacity greater than many traditional fossil-fuel power plants. These innovative programs leveraged Sunrun’s fleet of residential solar and battery systems—the largest in America—empowering customers to generate, store, and share their own solar energy.

    In 2024, more than 20,000 Sunrun customers participated in 16 virtual power plant programs across nine states and territories. From California and Texas to Puerto Rico and New England, the customers’ batteries supplied on-demand, stored solar energy to augment power resources during hundreds of critical energy events.

    “Utilities are at a point where they can’t grow fast enough for the increased demand for electricity, which is why they are coming to Sunrun for help,” said Sunrun CEO Mary Powell. “Our power plant portfolio is at an inflection point because we have the resources and expertise to quickly develop, deploy, and scale programs to provide smart, controllable load. Combining solar with storage not only provides American families with energy independence and peace of mind, but also the ability to support the grid when it’s needed most.”

    Extreme weather events and soaring electricity demand underscore the importance for these power plant programs. The North American Electric Reliability Corporation warns that over half the U.S. faces blackout risks in the next decade due to capacity shortfalls, as peak demand continues to climb with the rise of artificial intelligence, domestic manufacturing growth, and electrification of the economy. According to the Department of Energy, data center load growth has tripled over the past decade and is expected to more than double by 2028.

    Sunrun’s 2024 virtual power plant initiatives have demonstrated the ability to enhance grid reliability, lower harmful emissions, and decrease costs for all electricity customers. Notable examples of performance include:

    • California: Over 16,000 Sunrun customers participating in California’s statewide CalReady program—the nation’s largest single-owner virtual power plant—delivering an average of 48 megawatts of stored solar energy to the grid during peak evening hours in the summer months. Output peaked at 54 megawatts, enough to power approximately 48,000 homes—equivalent to a city the size of Santa Monica.
    • Puerto Rico: Over 4,000 customers’ batteries participating in Sunrun’s PowerOn Puerto Rico program provided vital backup energy to the island’s grid during more than 70 energy shortfall events. Within just an hour’s notice, Sunrun dispatched its batteries as a single power plant to avoid rolling blackouts to help keep the lights on for communities across Puerto Rico.
    • Texas: Sunrun partnered with Tesla Electric, a retail electricity provider operated by Tesla Energy Ventures LLC, a subsidiary of Tesla, Inc., and Vistra on two virtual power plants in the Lone Star State. Still growing, the Tesla Electric program leverages home batteries to provide reserves during peak consumption. Customers receive an annual payment, currently set at $400 per Powerwall, while Sunrun earns recurring revenue through the program. The Vistra partnership also offers customers financial incentives and credits.
    • New York: Sunrun activated the state’s largest residential virtual power plant in collaboration with Orange & Rockland Utilities, Inc., a subsidiary of Consolidated Edison, Inc. Over 300 solar-plus-storage systems provided stored solar energy during peak demand events in the summer. Participating customers received a free or heavily discounted home battery in exchange for their commitment to the 10-year program, while Sunrun received upfront payments from O&R.
    • Maryland: Sunrun launched the nation’s first bidirectional electric vehicle-to-home virtual power plant, partnering with Baltimore Gas and Electric Company (BGE), a subsidiary of Exelon Corporation, to utilize a small group of customer-owned Ford F-150 Lightnings. BGE was awarded grant funding from the Department of Energy to create the program, and Sunrun developed and operated this first-in-the-nation electric vehicle VPP. Participating customers earned several hundred dollars by sharing energy from their F-150 Lightning trucks.

    “My wife and I earned nearly $1,700 just by sharing the energy from our Ford Lightning,” said Sunrun customer Brian Foreman. “It’s exciting to be an early adopter of this technology and making extra money with our electric truck is just an added bonus.”

    “Sunrun is executing its virtual power plant strategy at a scale that is unmatched, and we’re excited to monetize more battery assets and secure additional, recurring revenue streams in 2025,” said Sunrun President and Chief Revenue Officer Paul Dickson. “With over half of new Sunrun customers installing storage, we are laying a strong foundation to create future programs where there is value for our customers, benefit to the grid, and revenue for Sunrun.”

    Sunrun’s storage-first approach has positioned it to become one of the nation’s largest distributed power providers, serving as a vital resource for utilities and grid operators in protecting Americans from outages, pollution, and rising energy costs. Peak season customer enrollment in Sunrun’s power-sharing programs grew approximately 100% year-over-year in 2024.

    “Sunrun is the industry leader, and we’re proving that every utility can and should have a virtual power plant program,” said Chris Rauscher, head of Grid Services at Sunrun. “Our largest and most successful programs are in Puerto Rico and California—places with vastly different power grids—but both equally benefiting from Sunrun customers’ solar-plus-storage systems being networked together to augment supply. I want to thank our amazing team which has turned the dream of VPPs into a reality.”

    About Sunrun
    Sunrun Inc. (Nasdaq: RUN) revolutionized the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value. Discover more at www.sunrun.com.

    Media Contact
    Wyatt Semanek
    Director, Corporate Communications
    press@sunrun.com

    Investor & Analyst Contact
    Patrick Jobin
    SVP, Deputy CFO & Investor Relations Officer
    investors@sunrun.com

    The MIL Network –

    February 5, 2025
  • MIL-OSI Economics: Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer

    Source: Agnico Eagle Mines

    • The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares
    • Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation
    • Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash
    • Questions or Need Assistance? Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com 

    (All amounts expressed in Canadian dollars unless otherwise noted)

    TORONTO, Feb. 4, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle“) and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining“) are pleased to jointly announce the expiry of Agnico Eagle’s board-supported take-over bid (the “Offer“) for all of the outstanding common shares of O3 Mining (the “Common Shares“) for $1.67 in cash per Common Share. Agnico Eagle has taken-up and acquired an aggregate of 114,785,237 Common Shares that were tendered to the Offer, representing approximately 95.6% of the issued and outstanding Common Shares on a basic basis. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. This includes the additional 4,360,806 Common Shares (the “Deposited Shares“) tendered to the Offer during the mandatory 10-day extension period that expired at 11:59 p.m. (EST) on February 3, 2025. The aggregate consideration payable for the Deposited Shares is $7,282,546. Agnico Eagle will pay for the Deposited Shares by February 6, 2025.

    Subsequent Acquisition Transaction

    Agnico Eagle Abitibi Acquisition Corp., a wholly-owned subsidiary of Agnico Eagle, and O3 Mining will amalgamate under the Business Corporations Act (Ontario) (the “Amalgamation“), with the amalgamated entity (“Amalco“) becoming a wholly-owned subsidiary of Agnico Eagle. The Amalgamation will constitute the subsequent acquisition transaction contemplated by the Offer (the “Subsequent Acquisition Transaction“), by which Agnico Eagle will acquire ownership of 100% of the Common Shares.

    Each O3 Mining shareholder (other than Agnico Eagle and any O3 Mining shareholder who validly exercises dissent rights in relation to the Amalgamation) will, upon completion of the Amalgamation, receive one redeemable preferred share of Amalco (each, a “Redeemable Preferred Share“) for each Common Share held immediately prior to the effective time of the Amalgamation. The Redeemable Preferred Shares will be automatically redeemed effective immediately following the effective time of the Amalgamation for $1.67 in cash per Redeemable Preferred Share (the “Redemption Consideration“) held immediately prior to the effective time of the Amalgamation. The Redemption Consideration is the same as the consideration that was offered to O3 Mining shareholders under the Offer.

    The Amalgamation must be approved by (i) at least two-thirds of the votes cast by O3 Mining shareholders at a special meeting of O3 Mining shareholders (the “Meeting“) and (ii) a simple majority of the votes cast by O3 Mining shareholders at the Meeting, excluding votes from O3 Mining shareholders required to be excluded by Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101“). As Agnico Eagle beneficially owns, and exercises control and direction over, Common Shares carrying more than two-thirds of the votes attached to all of the issued and outstanding Common Shares and the Common Shares taken-up and acquired under the Offer represent more than a majority of the votes attached to the Common Shares that may be voted in the “minority” vote under MI 61-101, Agnico Eagle is able to ensure the successful outcome of the shareholder votes in respect of the Amalgamation. The O3 Mining board recommends that O3 Mining shareholders vote FOR the Amalgamation.

    Additional information regarding the terms of the amalgamation agreement and the Amalgamation will be provided in the management information circular of O3 Mining (the “Circular“) for the Meeting. It is anticipated that the Circular will be mailed to O3 Mining shareholders in February 2025 and the Meeting will be held in March 2025. Copies of the amalgamation agreement and the Circular will be made available on O3 Mining’s issuer profile on SEDAR+ at www.sedarplus.ca.

    The Amalgamation is expected to close prior to March 31, 2025. Following completion of the Amalgamation, the Common Shares will be de-listed from the TSX Venture Exchange and O3 Mining will make an application to the Ontario Securities Commission to cease to be a reporting issuer under Canadian securities laws. Upon O3 Mining ceasing to be a reporting issuer, O3 Mining will no longer be subject to the ongoing continuous disclosure and reporting obligations currently imposed on O3 Mining as a reporting issuer and will be a private company that is wholly-owned by Agnico Eagle.

    Information for Warrantholders

    Certain Common Share purchase warrants of O3 Mining (the “Warrants“) remain issued and outstanding, which are governed in accordance with the warrant indenture dated August 28, 2024 between O3 Mining and Odyssey Trust Company, as warrant agent. These Warrants are exercisable at $1.45 per Warrant until August 28, 2026. O3 Mining intends to enter into a supplemental indenture to provide that holders of such Warrants will receive, on exercise of their Warrants in lieu of Common Shares, $1.67 in cash following the Amalgamation.

    Updated Early Warning Disclosure Regarding O3 Mining

    Immediately prior to the take-up of the Deposited Shares under the Offer, Agnico Eagle beneficially owned, and exercised control and direction over, 111,482,184 Common Shares, representing approximately 92.9% of the issued and outstanding Common Shares on a basic basis, and 270,000 Warrants exercisable for an aggregate of 270,000 Common Shares at an exercise price of $1.45 per Warrant. In addition, Agnico Eagle holds a convertible senior unsecured debenture in the principal amount of $10,000,000 dated June 19, 2023 (the “Convertible Debenture“). Assuming the full exercise of all Warrants held by Agnico Eagle and the full conversion of the Convertible Debenture immediately prior to the take-up of Deposited Shares under the Offer, Agnico Eagle would beneficially own, and exercise control and direction over, 116,630,233 Common Shares, representing approximately 93.1% of the issued and outstanding Common Shares on a partially-diluted basis.

    Agnico Eagle acquired an additional 4,360,806 Deposited Shares pursuant to the Offer during the mandatory 10-day extension period, representing all of the Common Shares validly deposited and not withdrawn as of 11:59 p.m. (EST) on February 3, 2025, for aggregate consideration of $7,282,546 in cash. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. Assuming the full exercise of all Warrants held by Agnico Eagle and the full conversion of the Convertible Debenture, Agnico Eagle would beneficially own, and exercise control and direction over, 120,991,039 Common Shares, representing approximately 96.6% of the issued and outstanding Common Shares on a partially-diluted basis.

    An early warning report in respect of the foregoing will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

    Agnico Eagle Mines Limited
    c/o Investor Relations
    145 King Street East, Suite 400
    Toronto, Ontario M5C 2Y7
    Telephone: 416-947-1212
    Email: investor.relations@agnicoeagle.com

    Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. O3 Mining’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario M5H 3B7.

    Advisors

    Edgehill Advisory Ltd. is acting as financial advisor to Agnico Eagle. Davies Ward Phillips & Vineberg LLP is acting as legal advisor to Agnico Eagle.

    Maxit Capital is acting as financial advisor to O3 Mining. Bennett Jones LLP is acting as legal advisor to O3 Mining. Fort Capital is acting as financial advisor to the Special Committee of independent directors of O3 Mining. Cassels Brock & Blackwell LLP is acting as legal advisor to the Special Committee.

    Odyssey Trust Company will act as depositary for the Amalgamation and Laurel Hill Advisory Group is acting as information agent. If you have any questions or require assistance, please contact Laurel Hill Advisory Group, by phone at 1-877-452-7187 or by e-mail at assistance@laurelhill.com.

    About O3 Mining Inc.

    O3 Mining Inc. is a gold explorer and mine developer in Québec, Canada, adjacent to Agnico Eagle’s Canadian Malartic mine. O3 Mining owns a 100% interest in all its properties (128,680 hectares) in Québec. Its principal asset is the Marban Alliance project in Québec, which O3 Mining has advanced over the last five years to the cusp of its next stage of development, with the expectation that the project will deliver long-term benefits to stakeholders.

    About Agnico Eagle Mines Limited

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation that is based on current expectations, estimates, projections, and interpretations about future events as at the date of this news release. Forward-looking information and statements are based on estimates of management by O3 Mining and Agnico Eagle, at the time they were made, and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information or statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the structure, consideration, timing and completion (if at all) of the Subsequent Acquisition Transaction; the ability of Agnico Eagle to complete the Subsequent Acquisition Transaction to acquire 100% of O3 Mining by way of the Amalgamation (if at all); and the timing of the mailing of the Circular, the Meeting and completing the Amalgamation. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of Agnico Eagle and O3 Mining that any second-step transaction will be successful and the ability to achieve goals, including the integration of the Marban Alliance property to the Canadian Malartic land package and the ability to realize synergies arising therefrom. Agnico Eagle and O3 Mining caution that the foregoing list of material factors and assumptions is not exhaustive. Although the forward-looking information contained in this news release is based upon what Agnico Eagle and O3 Mining believe, or believed at the time, to be reasonable expectations and assumptions, there is no assurance that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither O3 Mining, nor Agnico Eagle nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. O3 Mining and Agnico Eagle do not undertake, and assume no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable law. These statements speak only as of the date of this news release. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Agnico Eagle or any of its affiliates or O3 Mining.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-and-o3-mining-announce-subsequent-acquisition-transaction-and-completion-of-offer-302367380.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics –

    February 5, 2025
  • MIL-OSI Security: Trafficking in the fast lane: French-Spanish drug trafficking ring dismantled

    Source: Europol

    The investigation uncovered a highly structured organisation using sophisticated methods to transport and conceal drugs. The traffickers operated from a logistical base in southern Spain, where they stored and prepared drug shipments before smuggling them into France. Their modus operandi relied on convoys with lead and carrier vehicles equipped with hidden compartments to smuggle the drugs and evade detection. To…

    MIL Security OSI –

    February 5, 2025
  • MIL-OSI USA: MLK Legacy Awards Presented at Living Legacy Convocation

    Source: US State of Connecticut

    UConn’s MLK Legacy Awards for 2025 were presented on Friday, Jan. 31 during a ceremony at the Jorgensen Center for the Performing Arts. The ceremony was part of the MLK Living Legacy Convocation, which featured Grammy-nominated singer and songwriter Todd Dulaney and UConn’s Voices of Freedom gospel choir.

    The MLK Legacy Awards at UConn are presented by the Office for Diversity and Inclusion and recognize members of the community who have demonstrated a commitment to raising awareness, fighting injustices, assisting their communities, and embodying the Rev. Martin Luther King Jr.’s philosophy of nonviolence. The awards affirm and honor work and a continued dedication to making communities just, equitable, and fair for all people.

    This year’s winners by category are:

    Undergraduate Student – Andy Zhang ’26 (CLAS)

    Zhang is pursuing dual degrees in economics and environmental sciences. The Sandy Hook native works as an intern in the Office of Sustainability and is the founder and president of the UConn chapter of Plant Futures. He is also an intern with Friends of the Earth. Zhang is passionate about progressive policy and food advocacy and hopes to pursue a career focused on creating equitable and sustainable food systems through innovative policy solutions.

    Graduate Student – Adanma Akoma

    Akoma is a doctoral student in the Department of Materials Science and Engineering and focuses on advanced characterization of materials used for industries that include energy and biomedicine. She serves as the president of BlackSTEM – a group for Black scholars pursuing graduate degrees in the STEM field and is the creative director and founder of the Writing Black Collective (WBC).  Her most recent project for WBC provides a platform for a cohort of writers that aim to demystify the challenges that are often faced by minority students in pursuit of doctoral degrees.

    Community Member – Nelson Merchan

    Merchan is a business advisor at UConn’s Small Business Development Center. In 2019, he was recognized as the state’s top business advisor for securing the highest lending impact. Merchan is a board member of the Western Connecticut State University Foundation, Housatonic Habitat for Humanity, and Housatonic Industrial Corp. Merchan has participated in entrepreneurship development programs in Costa Rica, Chile, and El Salvador.

    Alumni – N. Chineye (Chi) Anako ’12 (CLAS)

    Anako is a public health practitioner whose work has focused on the intersection of public health and health equity solutions. She is currently the regional director of diversity, equity, and inclusion at Trinity Health. She also serves as administrator of the 3+1 Language Services Program at the organization, which provides cultural and linguistic services to patients. Anako serves on the board of the Copper Beech Institute and Universal Health Care Foundation of Connecticut.

    Faculty – Kate Capshaw

    Capshaw is associate dean of diversity, equity, and inclusion in the College of Liberal Arts and Sciences. She has shaped cluster hires that brought new faculty to UConn, worked with departments on inclusion, and supported research and pedagogy on diverse topics and approaches. She is a professor of English and social and critical inquiry, teaching courses on Black youth culture, the graphic novel, and youth literatures. Her research focuses on the role of Black childhood to social justice movements, and she has published books on the Harlem Renaissance, Civil Rights Movement, and 19thcentury Black childhoods, along with  dozens of essays on race, culture, and creativity.

    Staff – Alexis T. R. Monteiro

    Monteiro is a residence hall director committed to fostering equitable and developmental spaces for students and professionals. A first-generation First Year Experience instructor, Monteiro champions impactful initiatives like the prayer room and “Humans of UConn” art exhibit in McMahon Residence Hall. He is the diversity, equity, inclusion, and belonging chair of the Northeast Association of College and University Housing Officers and chair of the Black Professional Network for the Association of College and University Housing Officers-International.

    Team – College of Agriculture, Health and Natural Resources’ Diversity, Equity, Inclusion, and Justice Strategic Vision Implementation Committee

    This committee includes faculty and staff representing the nine academic units in the college. The committee’s goal is to develop mechanisms to build systems with clear and meaningful commitment to DEIJ in the college. The group’s four priority areas are: increasing the diversity of CAHNR community; creating inclusive, culturally sustaining learning environments; identifying and addressing harmful institutional policies and practices; and creating pathways to successful community engagement.

    MIL OSI USA News –

    February 5, 2025
  • MIL-OSI USA: A Well-Earned Retirement for Officer Tildy

    Source: US State of Connecticut

    On Tuesday, Feb. 4, Tildy, the UConn Police Department’s first community outreach dog, will formally celebrate her retirement after seven years of serving – and delighting – the UConn community.  

    Meeting Tildy has been a staple of the UConn experience, bringing immense amounts of joy to everyone she encounters on the Great Lawn, Fairfield Way, Horsebarn Hill, and pretty much every place at UConn where crowds gather, as well as classrooms and courthouses across the state.

    Sergeant Justin Cheney with Officer Tildy of the UConn Police Department on October 19, 2020. (UConn photo/Sean Flynn)

    Tildy’s retirement is bittersweet for UConn, but for one member of the community in particular: Sergeant Justin Cheney ’07 (CLAS), her human partner ever since her arrival in 2018. Cheney has experienced so many events and moments at UConn he wouldn’t normally be part of, all thanks to Tildy. From Sunset Yoga to the Involvement Fair to HuskyTHON, students’ excitement at Tildy’s meant that Cheney was able to become even more immersed in campus life.  

    “I knew that by bringing this dog here, we’re going to get more people to engage in our events,” he says. “I never realized how much she would transcend in the sense that we would be invited to, and included in, all of these different events on campus.”

    UConn dog lovers need not despair, though: Tildy’s little sister Jazmine, a 2-year-old golden retriever, completed her training with Cheney in August 2024, and will take over as community outreach dog on a full-time basis this month. 

    Tildy wasn’t just a pioneer at UConn: Cheney and UConn piloted the Community Outreach Facility Dog Program in Connecticut. Cheney, who started at the UConn Police Department in 2015, working in the Community Outreach Department running programs and trainings, had the idea of getting a dog to assist in areas like victim support or therapy sessions, to better engage the community and enhance the approachability of Community Outreach officers. 

    UConn Police K9 Officers Jazmine and Tildy sit near Gampel Pavilion on Aug. 13, 2024. (Sydney Herdle/UConn Photo)

    Inspired by the Eastern Washington University Police Department and their yellow lab, Cheney contacted them in hopes of bringing a dog to Storrs. They directed him to Canine Companions, an organization that trains service dogs who go on to provide one-on-one assistance to people. However, not all dogs matriculate as service dogs, and sometimes need alternative placements.  

    Tildy is what is known as a Facility Dog: “A dog that has all of the training as a service dog, but would go into a larger setting to assist multiple people, instead of just assisting one person each and every day,” Cheney says.

    Today, there are now 20 handlers and teams of Community Outreach Facility Dog Programs in Connecticut. “Being the first program in the state shows our commitment to supporting our students, which really was the extra drive for wanting to organize this program,” Cheney says. “The goal was to be able to provide that additional layer of victim assistance and ensure that the dogs will always be there for these services.”

    Jonathan XIV and Tildy of the UConn Police Department share a first date on Horsebarn Hill and at the UConn Dairy Bar in 2019. (Tom Rettig/UConn Photo)

    The duo’s frequent appearances on campus have allowed Cheney to establish quality relationships with students. “We want to make sure our consistency, in terms of our presence at different events or hosting our own, hopefully goes a long way in showing the students that we care and want to be involved,” he says. “We want to participate in as many things as we can but also provide that support and assistance in any way possible.”

    When looking back on highlights of their time together, Cheney recalls the countless number of smiles he’s seen Tildy bring to students, faculty, staff, and visitors. 

    “To see that positive impact and how much she’s done at UConn makes me so happy,” he says. “I feel so lucky to be able to bring this dog around to help people, and feel so rewarded to have this experience.”

    Although Tildy’s retirement means she will not be on campus every day anymore, don’t be surprised if you see her happy face and wagging tail from time to time.

    “This is not the last time Tildy will be on campus,” Cheney says. “She’ll make her way back every once in a while for events that I know she’d love to attend.”

    Tildy’s retirement celebration will be held on Feb. 4 in the Wilbur Cross North Reading Room from 1:30 p.m.-3:30 p.m.. Join Cheney, Jazmine and other community outreach facility dogs in saying farewell to Tildy! 

    MIL OSI USA News –

    February 5, 2025
  • MIL-OSI USA: UConn Online Grad Programs Lauded for Quality, Value for Veterans

    Source: US State of Connecticut

    Several of UConn’s online graduate programs are highly ranked for the quality, value, and flexibility they offer to veterans, including one that recently earned the top spot nationwide in U.S. News & World Report’s annual review.

    The UConn School of Nursing’s programs were named No. 1 for veterans wishing to pursue online graduate studies in that field, along with high rankings for others: the School of Business (no. 8); the College of Engineering (no. 22); and the business school’s MBA program (no. 62).

    The new honors underscore UConn’s strong reputation as a welcoming atmosphere for veterans both academically and socially, and as an institution that values their experience and celebrates the unique attributes they bring to the community.

    Alyssa Kelleher ’04 (CLAS) ’17 (BUS), director of UConn’s Office of Veterans Programs & Military Affairs, says her office was thrilled but not surprised that the online graduate programs performed so well in the rankings.

    “Their staff consistently collaborate with our office and have a real commitment and understanding of the big and small things that can help not only military-affiliated students, but all adult learners to be successful in challenging and in-demand programs,” Kelleher says.

    The Office of Veterans & Military Affairs helps veterans, students with active-duty or reservist status, and dependents navigate the programs and services available for their circumstances. It also creates an open and welcoming community for veterans who are UConn employees and alumni, including people serving as mentors to others.

    The support extends not only to students taking classes in person on UConn campuses, but also those learning via online programs such as those that ranked highly in the most recent U.S. News overview.

    Students who are veterans, on active duty, or in reserve status often have unique circumstances when deciding to enroll in graduate study and tend to benefit from the flexibility that online programs can offer.

    When determining which online programs best serve veterans, U.S. News assessed their quality, affordability, and accessibility in light of the special circumstances of that student population, including having access to federal GI Bill benefits and often needing the flexibility of distance learning.

    Those attributes and others helped the UConn School of Nursing’s online graduate programs rise to the top of the U.S. News list this year as the No. 1 choice for veterans studying in those fields.

    The School of Nursing’s applications have skyrocketed in recent years, and it receives strong support from alumni, including a $50 million gift that is helping to fund construction of a new building to house the school’s expanded programming.

    Its online programs in continuing education also are thriving and include family nurse practitioner, adult gerontology acute care nurse practitioner, adult gerontology primary care nurse practitioner, nurse educator, neonatal nurse practitioner, and nurse leader.

    “The School of Nursing’s online MS program provides a supportive online environment for all veterans and members of the military who attend UConn. Additionally, the University’s commitment to veteran support services makes it a top choice for those looking to further their careers in nursing,” says Annette Jakubišin Konicki, the school’s associate dean of graduate studies.

    In assessing how online graduate programs fit veterans’ needs, U.S. News selected offerings that incorporate predominantly internet-based coursework; are housed in regionally accredited institutions; and have strong reputations, faculty credentials, and retention rates.

    U.S. News & Report also only included programs in their rankings with a critical mass of students with military backgrounds.

    Programs included in the rankings must be in colleges of universities certified for the GI Bill, while also either participating in the Yellow Ribbon Program or charging in-state tuition – which can fully covered by the GI bill — for all veterans applying from out of state.

    At UConn and throughout Connecticut, a state tuition waiver and several other financial benefits are available for active duty and veteran students based on their particular circumstances, and other assistance is also available through scholarships and VA Work Study.

    In addition to the School of Nursing’s online graduate programs receiving the highest rank for their accessibility and value to veterans, UConn’s School of Business programs were ranked at No. 8 for veterans pursuing graduate studies online, and its online MBA program was No. 62 for veterans nationwide.

    “We are honored to be recognized as a top business school for veterans. This reflects our commitment to providing the resources, flexibility, and support veterans need to excel academically and professionally,” says Jose M. Cruz, associate dean for graduate programs in the School of Business.

    “Veterans bring exceptional leadership, discipline, and a global perspective, enriching our graduate programs. We remain dedicated to fostering an environment where their strengths thrive and drive lasting impact in the business world,” Cruz says.

    The College of Engineering also had strong showings, with its online graduate program ranking No. 22 nationwide in accessibility and value to veterans.

    The online Master of Engineering program operates within the college’s Center for Advanced Engineering Education and offers 14 concentrations, from biomedical engineering to digital design and manufacturing, to help students earn the skills to advance as engineers in their respective fields.

    “Our degrees are designed to help working engineers balance their work/life responsibilities, empowering them to be a real force in the increasingly evolving, and highly impactful, world of engineering,” says Nora Sutton, director of the Center of Advanced Engineering Education.

    “Veteran tuition waivers have long since been applicable toward our programs, which offer engineering servicemen and women an opportunity to bridge the gap between active service and their professional careers,” she adds.

    JC Zhao, dean of the College of Engineering, says the programs also benefit from talented faculty who are dedicated to dynamic online education, UConn’s academic mission, and its students.

    “We are incredibly proud of the Center for Advanced Engineering Education, which seeks to offer flexible programs for working professionals who are already contributing to society as employed engineers,” Zhao says.

    MIL OSI USA News –

    February 5, 2025
  • MIL-OSI Europe: AFRICA/DR CONGO – Bishop of Goma: “The ceasefire is holding, but people are afraid. Hospitals and refugees are the most worrying situations”

    Source: Agenzia Fides – MIL OSI

    Kinshasa (Agenzia Fides) – “The city is calm, but people are still afraid to leave their homes because security is not fully guaranteed,” reports Willy Ngumbi Ngengele, Bishop of Goma, speaking to Fides from the capital of the Congolese province of North Kivu, which was taken over by the rebel movement M23 on January 27 (see Fides, 27/1/2025).”Schools are still largely closed, also because many school buildings were damaged or destroyed in the fighting,” reports Msgr. Ngengele. “The worst situation is in the hospitals, which are receiving a large number of wounded and are in difficulty due to the lack of medicines and equipment.” “Internet connections are still difficult, people have to make do with makeshift solutions to stay connected with the outside world,” continues the bishop. About a million internally displaced people from rural areas in North Kivu province, which were first affected by the fighting, live in Goma. Their situation is currently uncertain because, as Bishop Ngengele reports, “the refugee camps have been closed and those among the displaced who still have a home are returning to their home village. Those who cannot remain in precarious conditions in Goma.”Yesterday, February 3, the M23 declared a ceasefire “for humanitarian reasons” which came into force today. “For the moment, the ceasefire is holding, but people are still afraid to venture out because they do not feel completely safe,” says the bishop. In an effort to find a peaceful solution to the crisis, a delegation from the Catholic Bishops’ Conference of Congo (CENCO) was received yesterday in Kinshasa by President Félix Tshisekedi.During the talks, the Head of State was presented with a reconciliation plan drawn up by CENCO together with the “Église du Christ au Congo” (ECC).”The two churches have taken the initiative to develop this project to get out of the crisis. We presented it today to the Head of State, who received it with great attention; he appreciated it very much and encouraged us. It is a praiseworthy project,” said Msgr. Donatien Nshole, spokesman for CENCO, at the end of the audience that lasted more than an hour. (L.M.) (Agenzia Fides, 4/2/2025)
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    MIL OSI Europe News –

    February 5, 2025
  • MIL-OSI: Bread Financial to Participate in the BofA Securities 2025 Financial Services Conference

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, Feb. 04, 2025 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S consumers, today announced the company’s participation in the BofA Securities 2025 Financial Services Conference on Tuesday, Feb. 11.

    Bread Financial Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 3:30 p.m. ET and will be broadcast live here.

    The fireside chat can also be accessed through Bread Financial’s investor relations website. A replay of the webcast will be available for 90 days following the event.

    About Bread Financial® 
    Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

    To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.

    Contacts

    Brian Vereb — Investor Relations
    Brian.Vereb@breadfinancial.com

    Susan Haugen — Investor Relations
    Susan.Haugen@breadfinancial.com

    Rachel Stultz — Media
    Rachel.Stultz@breadfinancial.com

    The MIL Network –

    February 5, 2025
  • MIL-OSI Security: Forging Readiness: Navy Reservists Train for Expeditionary Operations at NEMWDC

    Source: United States Navy (Medical)

    CAMP PENDLETON, Calif. — Six Navy reservists sharpened their expeditionary warfare skills during an integrated Expeditionary Resuscitative Surgical System (ERSS) and En-route Care System (ERCS) training at the Naval Expeditionary Medicine Warfighter Development Center, Camp Pendleton, Jan. 14-21.

    The ERSS and ERCS training helps test the expeditionary medicine systems capabilities and reinforces essential operational skills, including combat lifesaving, tactical communications, weapons handling and mission planning.

    For the reservists, the training ensured they remain proficient and mission-ready, prepared to integrate seamlessly with active-duty forces to support the fleet while integrating their unique blend of expertise and military experience. Their role is crucial in providing surge capacity, specialized expertise and operational flexibility, strengthening the Navy’s ability to respond to global missions and maritime security challenges.

    During the training, the reservists worked alongside active-duty personnel to respond to simulated combat scenarios, including a bomb threat and a firefight. In one scenario, two service members sustained life-threatening injuries from an improvised explosive device and multiple gunshot wounds. Cmdr. You Wei Lin, a reservist anesthesiologist with the 4th Medical Logistics Group, 4th Medical Battalion Surgical Company Alpha, provided critical care and support to the simulated patients, ensuring they were safely sedated and monitored throughout a critical surgical procedure.

    Lin’s expertise allowed the surgical team to focus on life-saving interventions, such as controlling internal bleeding and repairing damaged tissue, under challenging condition. This collaboration demonstrated the importance of having skilled reservists integrated into expeditionary medical teams, showcasing their ability to perform seamlessly alongside active-duty counterparts in high-pressure scenarios.

    “I believe our team members integrated much more and started working together more cohesively after each evolution,” Lin said. “With high-fidelity simulation training, this course prepared our team both physically and mentally for the upcoming deployment.”

    The participation of the reservists in the training highlighted their importance to operational readiness.

    “Reservists bring specialized expertise and civilian medical experience that enhance the capability and flexibility of expeditionary medical teams, ensuring the highest level of care in combat and humanitarian missions,” explained Hospital Corpsman 1st Class Jeffrey Reyes, the leading petty officer of education and training at NEMWDC.

    The Naval Expeditionary Medicine Warfighter Development Center, located at Camp Pendleton, is a center of excellence for unit-level medical training, advancing combat trauma skills and certifying expeditionary medical platforms to ensure readiness for future operations. The center’s training programs, like the one the reservists participated in, are critical to preparing medical personnel for the challenges of combat and contingency operations.

    MIL Security OSI –

    February 5, 2025
  • MIL-OSI: Charging Robotics: Revoltz Receives Israeli Standards Institute Approval for PORTO EV Micro Vehicle

    Source: GlobeNewswire (MIL-OSI)

    Tel Aviv, Israel, Feb. 04, 2025 (GLOBE NEWSWIRE) — Charging Robotics Inc. (OTC: CHEV), announced today that its affiliate, Revoltz Ltd. (of which Charging Robotics owns 19.9%), has received approval from the Israeli Standards Institute to sell its PORTO EV micro vehicle in Israel.

    The Israeli Standards Institute approval (Standard 6230 Type Approval) is a critical milestone, as it enables PORTO EV riders as young as 16 to operate the vehicle without requiring any driver’s license. This significantly lowers barriers to adoption and makes last-mile delivery solutions more accessible to a broader audience, particularly in dense urban areas where efficient, compact transportation is in high demand.

    The PORTO EV is designed specifically for the last-mile delivery market, offering a seamless blend of functionality, robust design, and agility. Capable of long-range deliveries and a full day’s work on a single charge, the PORTO EV provides a storage capacity comparable to the trunk of a small hatchback car. It features a robust tilting mechanism to ensure maximum stability, even under full load, and integrates high-volume loading spaces over the front and rear axles, distributing cargo weight evenly for a safe and confidence-inspiring ride.

    Strong Market Potential in Israel for Micro-Mobility Solutions

    Israel is known for its rapid adoption of innovative transportation technologies and its emphasis on efficient, sustainable urban mobility solutions. The growing demand for cost-effective, eco-friendly, last-mile delivery options makes Israel an ideal market for the introduction of the PORTO EV.

    In 2023, Revoltz entered into an exclusive distribution agreement valued at $2.7 million with a premier distributor in Israel, aiming to introduce the advanced PORTO EVs into Israel and adjacent markets. As part of this agreement, the distributor initially purchased 50 PORTO EVs and committed to purchasing a total of 150 vehicles in the first year. The five-year agreement includes annual milestones and scaled-up sales targets, with the distributor providing service and maintenance for the PORTO EVs, focusing mainly on the local delivery market.

    Amir Zaid, CEO and co-founder of Revoltz, stated, “We believe that achieving this production milestone and bringing to light our strategic agreement represents significant steps forward for Revoltz. We are aiming to revolutionize the last-mile delivery market with our PORTO EVs. Our collaboration with a leading distributor in Israel is a testament to our shared vision and commitment to excellence. We eagerly anticipate scaling our operations and reinforcing our position as a micro-mobility leader.”

    The approval from the Israeli Standards Institute marks a significant milestone for Revoltz, enabling the company to commence sales and marketing activities for the PORTO EV micro vehicle in Israel. This development aligns with Charging Robotics’ commitment to advancing sustainable transportation solutions and expanding its presence in the EV market.

    Zaid added: “Israel represents a highly promising market for the PORTO EV, known for its advanced and sophisticated consumer base. The Israeli market frequently adopts innovative technologies ahead of global trends, making it an ideal environment for the introduction of innovative products like the PORTO EV. This approval allows Revoltz to cater to a tech-savvy audience that values efficiency, sustainability, and cutting-edge design, further solidifying its presence in this forward-looking region”.

    About Revoltz Ltd.

    Revoltz Ltd., an affiliate of Charging Robotics Ltd., specializes in the design and manufacture of high-end, mini electric vehicles, bridging the gap between traditional automotive design and emerging micro-mobility solutions. Revoltz is committed to creating cutting-edge designs that revolutionize the micro-mobility sector.

    About Charging Robotics

    Charging Robotics is developing various automatic wireless charging solutions such as robotic and stationary charging systems for EVs. Robotic solutions are intended to offer the driver the ability to initiate charging by use of a simple smartphone app that instructs an autonomous robot, which navigates under the EV for access and charging capabilities. Our stationary systems offer various charging solutions, including in automatic car parks where the company’s system allowing EVs to charge in places where drivers can’t connect plugs to sockets. For further information, visit: https://www.chargingrobotics.com/

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on the current expectations of Charging Robotics, and its subsidiary Charging Robotics Ltd. (together, the “Company”), they are subject to various risks and uncertainties, and actual results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this press release. For example, the Company uses forward looking statements when it discusses how Revoltz is aiming to revolutionize the last-mile delivery market with our PORTO EVs and how Revoltz eagerly anticipates scaling its operations and reinforcing its position as a micro-mobility leader.

    The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the Securities and Exchange Commission. Except as otherwise required by law, the Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of any third-party websites.

    Investor Relations Contact:

    Michal Efraty
    Investor Relations
    michal@efraty.com 

    The MIL Network –

    February 5, 2025
  • MIL-OSI United Kingdom: Can a daily glass of milk really cut risk of cancer?

    Source: Anglia Ruskin University

    By Justin Stebbing, Anglia Ruskin University

    A glass of milk a day could help keep bowel cancer away – or so finds a study by Oxford University and Cancer Research UK. The research suggests that increasing daily milk intake by as little as one glass could have a significant impact on lowering the likelihood of developing bowel cancer.

    There are nearly 45,000 cases of bowel cancer every year in the UK, making it the nation’s fourth most common cancer – and third worldwide – but many of these are preventable. According to Cancer Research UK data, 54% of all bowel cancers could be prevented by having a healthier lifestyle. Smoking, lack of exercise, alcohol, eating processed meat, and poor diet are all significant factors in the development of bowel cancer.

    As an oncologist, I advise my patients about how diet and lifestyle can influence health, including the risk of developing cancer. But this research – one of the largest studies into diet and disease so far – has shed new light on how easy, cheap diet changes can help everyone to reduce their cancer risk.

    For example, as well as drinking an extra glass of milk per day, reducing consumption of alcohol and red and processed meat could also help protect against cancer. The study found that drinking an additional 20g of alcohol a day, equivalent to a large glass of wine, increased bowel cancer risk by 15%. Consuming more than 30g of red and processed meat daily was linked to an 8% increase in bowel cancer risk.

    Researchers took a novel, two-pronged approach to examine the association between milk consumption and bowel cancer risk. First, they analysed genetic data from over 542,000 women and focused on variants – tiny changes in DNA – associated with lactase persistence, the ability to digest lactose in adulthood.

    Second, the team collected detailed dietary information from participants, including their daily milk intake. By combining these two data sets, the researchers were able to better estimate the causal effect of milk consumption on bowel cancer risk.

    Striking results

    The analysis revealed that participants who consumed an additional 244g of milk per day – roughly equivalent to one large glass containing 300mg of calcium – had a 17% lower risk of developing bowel cancer. This reduction in risk applied to various types of milk, including whole, semi-skimmed and skimmed.

    Researchers found that the protective effect of milk consumption was independent of other dietary factors and lifestyle habits. This suggests that the benefits of milk in reducing bowel cancer risk are not because milk replaces unhealthy food choices or is consumed as part of an overall healthier lifestyle.

    The reasons why milk consumption may reduce bowel cancer risk are not fully understood, but the researchers propose several potential explanations. First, milk is a rich source of calcium, which has been linked previously to a reduced risk of bowel cancer. Calcium may help protect against cancer by binding to potentially harmful substances in the gut and promoting the death of abnormal cells.

    Next, many milk products are fortified with vitamin D, which has been shown to have anti-cancer properties and may help regulate cell growth and division. Also, the lactose in milk can promote the growth of beneficial gut bacteria that produce butyrate, a short-chain fatty acid with anti-inflammatory and anti-cancer effects. Finally, milk contains conjugated linoleic acid, a fatty acid found in meat and dairy products, which, according to a 2021 labratory study, could also have anti-cancer properties.

    Crucially, milk consumption may not be suitable or beneficial for everyone. Those with lactose intolerance, milk allergies, or other dietary restrictions should consult with healthcare professionals before making significant changes to their dairy intake.

    Overall, this groundbreaking research provides compelling evidence for the potential role of milk consumption in reducing bowel cancer risk. The finding that a relatively modest increase in daily milk consumption could lead to a significant reduction in bowel cancer risk is particularly encouraging. It suggests that small, achievable changes in diet could have meaningful impacts on public health.

    As we continue to unravel the complex relationships between diet and disease, studies like this one provide valuable insights that can inform both individual health choices and broader public health strategies. The potential for a simple dietary change to have such a significant impact on cancer risk underscores the importance of continued research in this field and highlights the power of nutrition in shaping our health.

    Justin Stebbing, Professor of Biomedical Sciences, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom –

    February 5, 2025
  • MIL-OSI: YieldMax™ ETFs Announces Distributions on BIGY ($0.5025) and SOXY ($0.4883)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Target 12™ ETFs listed in the table below. The Fund seeks to generate income with a 12% target annual income level.

    ETF Ticker1 ETF Name Reference Asset Distribution per Share Distribution Frequency Ex-Date & Record Date Payment Date
    BIGY YieldMax™ Target 12™ Big 50 Option Income ETF Multiple $0.5025 Monthly 2/5/2025 2/6/2025
    SOXY YieldMax™ Target 12™ Semiconductor Option Income ETF Multiple $0.4883 Monthly 2/5/2025 2/6/2025

    You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero.

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

    1Each ETF’s strategy will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF.

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

    Important Information

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about each Fund, visit our website at www.YieldMaxETFs.com. Read the prospectus or summary prospectus carefully before investing.

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

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

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

    Risk Disclosures

    Investing involves risk. Principal loss is possible.

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

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

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

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

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

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

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

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

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

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

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

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

    © 2025 YieldMax™ ETFs

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Lantronix to Debut New LM4 AI-Powered Out-of-Band Management Platform at Cisco Live

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge intelligence, will debut its new LM4 AI-powered Out-of-Band Management (OOBM) platform at Stand A10 during Cisco Live, February 10–14, 2025, at Amsterdam RAI. Lantronix’s LM4 is the industry’s first console server specifically designed, sized and priced for Intermediate Distribution Frames (IDFs) and compact environments such as ATMs, kiosks, and network aggregation points. Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, the LM4 delivers enterprise-grade automation, compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.

    “We’re excited to introduce the LM4 Out-of-Band Management platform, which enables our customers to leverage rules-based AI for secure, reliable and automated network infrastructure recovery and mitigation,” said Mathi Gurusamy, chief strategy officer at Lantronix. “At Lantronix, we are committed to enabling network management automation with innovative solutions that enable our customers to be more efficient, secure and bottom-line focused.”

    Serial console servers represented a $320 million worldwide market in 2024 and are growing at a steady 7 percent rate to a projected $391 million in 2026, according to the Dell’Oro Group.

    Out-of-Band Management Everywhere

    An advanced out-of-band management platform, the small yet powerful LM4 provides access, continuous monitoring and automated remediation of issues as well as control of network infrastructure devices. Operational whether the network is up or down, the expert system uses rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. With up to four ports of serial console connections for directly managing gear plus support for up to 48 virtual ports, the LM4’s compact size and affordable price enables network managers to utilize out-of-band everywhere, including many locations previously considered too small and numerous for advanced out-of-band management.

    Running the powerful LMOS software, the LM4 brings the power of NOC-based software to the network’s edge to create a separate management plane in the rack with network infrastructure. With continuous monitoring and automated runbook responses, the LM4 can detect and solve issues before traditional NOC-based tools even know there is an issue. LMOS features a granular authorization model that integrates with existing access controls as well as automated change management functions, including the ability to store multiple config and OS files with local backups to enable automated rollback of failed config changes.

    Standardize on Lantronix LM-Series Solutions for Enterprise-Grade OOB Management

    The LM4 runs the same LMOS software as the LM83X and LM80 console servers, expanding the LM-Series console access options anywhere from 2–104 ports. The LM-Series is centrally managed by the Lantronix Control Center, which is available to run on-premises as a VM or hosted in the cloud. Lantronix’s LM-Series products allow customers to standardize their out-of-band management and deploy enterprise-grade functionality and AI-driven automation at all points in the network. The result is a more resilient network that’s easier to manage with fewer issues, reduced support truck rolls and stronger security and compliance.

    Lantronix is the go-to source for innovative out-of-band solutions, providing a suite of reliable, secure and easy-to-deploy platforms, all supported by its exceptional service team.

    Also being shown at Cisco Live are:

    Out-of-Band Management Solutions

    • LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console connections in a scalable and robust console server with dual power inputs. 
    • LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
    • Lantronix Control Center, a single pane of glass for managing all LM-series devices for secure remote access as well as for automating management of each of the connected network infrastructure devices. It is a single source for Authorization-Authentication-Accounting (AAA) controls, creating monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.

    Reliable Gateways and Console Servers With Trusted Performance

    • EMG 8500, Lantronix’s Edge Management Gateway that provides secure remote access for branch offices, remote locations, retail stores or anywhere an offsite network device gateway is needed and where space is limited.
    • SLC 8000: Advanced Console Manager, providing secure access to IT equipment with 8–48 ports of RS-232 and USB console connections.
    • G520 Series, Lantronix’s next-generation IoT cellular LTE CAT 4G and 5G gateway designed for industrial applications, including pre-enabled Percepxion™ Edge Solution Platform to increase operational efficiency and prevent cyber-attacks. 
    • X300 Series, a Cellular Compact IoT Gateway Solution that includes Lantronix’s IoT gateway hardware and centralized device management, cellular data, enhanced security and expert technical support in an all-in-one package.

    Expert Technical Support

    • LEVEL Technical Services, providing dedicated technical support experts to assist with implementing out-of-band deployments and limited lifetime equipment warranties. 

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix leadership. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Lantronix Media Contact:
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:
    investors@lantronix.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bce840fa-a24a-413e-96ca-23443e7d1d6b

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Regula’s ID Verification Software Is Now Compatible with Most Passport Readers on the Market

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., Feb. 04, 2025 (GLOBE NEWSWIRE) — Leveraging its decades-long expertise in identity verification, Regula has made its advanced document verification software fully compatible with a wide range of third-party ID scanners and passport readers available on the market. Now, border control checkpoints, hotels, banks, medical organizations, and other institutions can take advantage of the most robust, forensic-level automated document verification and authentication regardless of the devices they are currently using.

    Image: Regula’s document verification software is fully compatible with a wide range of third-party ID scanners and passport readers on the market.

    Regula’s ID verification software is an on-premises solution, which means it works offline and keeps sensitive ID data secure. It seamlessly integrates with leading passport readers and can be fully customized depending on the device model and its functional capabilities. This not only ensures quick migration to a robust identity verification (IDV) core solution, but also allows businesses and government agencies to maximize the potential of their existing hardware investments.

    Forensic-level document verification

    Regula’s ID verification software for document readers offers the most comprehensive set of ID authenticity checks. It automatically reads, analyzes, and cross-compares data from multiple sources, including RFID chips, machine-readable zones (MRZs), barcodes, and visual zones, to ensure they are consistent and not tampered with.

    Regula’s software also supports authenticity checks in various illumination modes, such as white, ultraviolet (UV), infrared (IR), and coaxial lighting. Plus, the solution allows checking holograms and other optically variable devices and inks.

    Global ID support

    The software comes with the market’s most comprehensive identity document template database, which Regula owns and maintains. It currently contains over 14,800 ID templates from 251 countries and territories, and keeps growing. Also, the database enables the recognition of 138 languages and a great variety of scripts.

    Optionally, the software can be integrated with the Regula Information Reference System, a unique digital collection of detailed images and descriptions of identity and vehicle documents, as well as banknotes and coins. Covering every country and territory in the world, the Regula Information Reference System contains over 337,000 high-resolution images of documents and their security features captured in different light sources. Thus, the system provides an indispensable and reliable reference to compare against, even for the rarest documents.

    Effortless installation and flexible licensing

    Designed with user convenience in mind, Regula’s ID verification software is a turnkey solution that can be installed in three clicks and requires no development time or tech-heavy resources. With extensive documentation and native support for all major frameworks and programming languages, the software integrates seamlessly into existing systems and workflows. The flexible licensing options fit almost any use case and cover various verification scenarios.

    Streamlined document processing

    Regula’s ID verification software takes document processing to the next level with its powerful and highly accurate Optical Character Recognition (OCR) technology. The software offers advanced capabilities such as support for parsing names, surnames, addresses, countries, and other key fields. It automatically divides text into separate fields—for instance, segmenting an address into postal code, state, and country—making the extracted data more organized and actionable. Additionally, the OCR module handles complex date formats and characters from different character sets within a single line, ensuring seamless data interpretation across diverse document types.

    Future-ready solution

    As identity verification standards and document formats continue to evolve, Regula stays at the cutting edge of this transformation. Not only is Regula’s IDV software constantly updated, but it proactively supports new identity document types, security features, and verification methods. For example, with its latest update, Regula ID verification software ensures full support of Digital Travel Credentials (DTCs), a new digital way of presenting and processing travel documents. With this approach, any passport reader will remain comprehensively equipped to perform the most innovative IDV checks.

    “By ensuring compatibility with most passport readers on the market, we’re empowering organizations to leverage advanced ID verification software without the need for new hardware investments and drastic changes. Regula’s software offers forensic-level precision, customization and flexibility, as well as compliance with the highest security standards, setting a new benchmark for document authentication,” says Ihar Kliashchou, Chief Technology Officer at Regula.

    To learn more about the features and capabilities of Regula’s ID verification software for passport readers, please visit the official website.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regulaforensics.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/36dbee31-4060-4c49-881b-8d658f5dfa91

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Cority Partners with Salus Technical, Bringing Advanced Bowtie Risk Analysis to CorityOne Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Cority, the global leader in enterprise Environmental, Health, and Safety (EHS) software, today announced a strategic partnership with Salus Technical, a UK-based provider of bowtie risk analysis software. Through this partnership, Cority customers can access Salus Technical’s Bowtie Master solution, with its advanced Bowtie Risk diagramming and analysis features, enhancing their ability to manage complex risks within high-hazard settings.

    Managing risk is a growing demand for and one of the most critical challenges for organizations operating in high hazard environments. Traditional methods of risk assessment often struggle to adequately capture complexities common in high-reliability environments with intricate & highly coupled processes. Bowtie Risk Analysis, with its intuitive visual diagrams, enables organizations to proactively identify and assess compliance, or Bowtie Risk Analysis tools help organizations build a clear, actionable framework for advanced risk management.

    Through this partnership, Cority will integrate Bowtie Master with Cority’s Risk Management solution. As part of CorityOne, the company’s comprehensive EHS and sustainability SaaS-based ecosystem, customers will also be able to access other Safety-based Cority applications and, eventually, the full spectrum of environmental, health, quality, and sustainability programs. This holistic approach provides users with one place for better insights, collaboration, and decision making.

    Addressing Complex Risks with Cutting-Edge Tools

    “Process safety and risk management require tools that not only analyze risks but also make the insights actionable,” said David Jamieson, founder of Salus Technical. “This partnership allows organizations to streamline their risk assessment workflows, ensuring they can visualize complex scenarios, identify key dependencies, and prioritize resources to protect their workforce and operations.”

    Salus Technical’s Bowtie Master dynamically builds bowtie risk diagrams, simplifying the complexities of process safety. Unlike traditional tabular methods, Salus Technical’s Bowtie Master solution enables users to build bowtie risk diagrams dynamically with simple drag-and-drop features, providing a holistic view of risks and dependencies, and helping organizations prioritize required preventive and corrective actions. The integration with CorityOne will allow customers to connect insights from their bowtie risk analysis to other EHS workflows, helping them make informed decisions that increase resiliency, boost system reliability, and reduce the likelihood of catastrophic events.

    Benefits of the partnership Include:

    • Enhanced Risk Visibility: Intuitive, dynamic diagrams simplify complex risk scenarios, improving cross-team collaboration and understanding.
    • Proactive Risk Management: Organizations can prioritize and address risks before incidents occur, reducing downtime and improving operational safety.
    • Improved Efficiency: Seamless integration with CorityOne enables streamlined workflows, data visualization, and effective reporting.

    A Growing Demand for Bowtie Risk Analysis
    Bowtie risk analysis has become a preferred tool in industries such as oil and gas, energy, mining, and transportation, where the stakes of operational failures are high. Regulatory trends in specific regions, including Australia, are further driving demand for bowtie risk analysis capabilities integrated in enterprise-grade EHS software.

    A Unified Approach to Risk Management
    “Organizations in high-hazard industries are demanding for solutions that simplify complex risk management processes while delivering actionable insights to support intelligent action,” said Sean Baldry, senior director of product management at Cority. “With Bowtie Master, we are bringing our customers a powerful, integrated tool that enhances their ability to manage the most complex risk scenarios effectively and efficiently.”

    This partnership underscores Cority’s ongoing commitment to enhancing its CorityOne ecosystem through organic development and strategic collaborations, delivering comprehensive solutions that help organizations drive safety, operational excellence, and sustainability.

    For more information, visit www.cority.com and www.bowtiemaster.com.

    About Cority
    Cority gives every employee from the field to the boardroom the power to make a difference, reducing risks and creating a safer, healthier, and more sustainable world. For over 35 years, Cority’s people-first software solutions have been built by EHS and sustainability experts who know the pressures businesses face. Time-tested, scalable, and configurable, CorityOne is the responsible business platform that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decisions, and more accurate reporting on performance. Trusted by over 1,500 organizations worldwide and consistently recognized as a leader in the EHS industry by independent analyst firms, Cority deeply cares about helping people work toward a better future for everyone. To learn more, visit www.cority.com

    About Salus Technical
    Salus Technical, based in Aberdeen, Scotland, provides engineering, training, and software solutions to help organizations understand and manage risks from major accidents. Their flagship product, Bowtie Master, offers advanced process safety tools trusted by industries worldwide.

    Media Contact
    Natalie Rizk
    RiotMind
    natalier@theriotmind.agency

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Xtract One Accelerating Growth with New Distributor Velasea

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) with Velasea, announced a new partnership designed to bring Xtract One’s leading technology-driven threat detection and security solutions to Velasea’s network of integrators. Xtract One and Velasea, a market-leading full-service OEM distributor of physical security, retail analytics, computer vision, and artificial intelligence (AI) solutions, will jointly market and sell Xtract One’s products to the broader marketplace, and through Velasea’s channel of over 900 channel partners. Through this offering, Xtract One’s advanced security detection systems, SmartGateway and One Gateway, will be available through the broad channel network to schools, hospitals, museums, theaters, arenas and other venues where high quality security and guest experience are priorities. Velasea’s network spans over 50 countries globally.

    At a pivotal time when modern-day security threats are becoming increasingly prevalent, this partnership enables integrators to offer their customers technology designed to help elevate safety and enhance the overall individual experience. Further, it allows organizations the flexibility to tailor their security solutions to best fit the specific needs of their respective facility. This contributes to advanced protection, operational efficiency, and individual experience.

    “We’re grateful to be partnering with Velasea and to be working together to bring our innovative system to even more forward-thinking organizations. This partnership broadens our reach deeper into the key markets we serve, and wider to a global marketplace” said Peter Evans, CEO of Xtract One. “By offering our security solutions in partnership with Velasea, we can provide more organizations with the advanced security they require, at a much larger scale, all while enabling individuals to feel the difference our solutions are designed to make in enhancing safety, and overall experience.”

    “The addition of Xtract One solutions to our suite of products we offer to integrators provides a real weapons screening solution tailored to individual users needs from a company who cares about their customers” said Tom Larson, President of Velasea. “Velasea has always been known for delivering cutting edge solutions to our partners and customers, and the innovation that Xtract One leads with fits our business and growth strategy. We’re looking forward to working with Xtract One in setting new standards in security, and supporting a greater range of organizations in their technology needs.”

    Xtract One’s products revolutionize weapons security and operational efficiency by replacing intimidating, traditional metal detectors with fast, reliable, and seamless screening solutions. The system leverages AI-powered sensors to unobtrusively scan individuals and their personal items as they walk through, reducing long entry lines and promoting uninterrupted flow of movement. The systems are designed to help attendees quickly and safely enter the space to enjoy their event with peace of mind – quicker than traditional methods allow.

    To learn more, visit www.xtractone.com.

    About Xtract One
    Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved “Walk-right-In” experiences while enhancing safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit www.xtractone.com or connect on Facebook, X, and LinkedIn.

    About Velasea
    Velasea’s mission is to design smarter outcomes for a safer world. Whether building ultra-compact or massive configurations, Velasea successfully provides solutions to challenging emerging technology problems in incredibly demanding, yet varied, environments like casinos, prisons, utility systems, schools, government facilities, etc.

    From our distribution facility and state of the art configuration lab, Velasea designs and implements cost-effective, full stack solutions that involve the most advanced AI and security software available today.

    To carry out their mission, Velasea partners with leading technology manufacturers such as Intel, Nvidia, Dell, Lenovo, NetApp, Microsoft, Hanwha, DDN, Seagate, Western Digital, Infrared Cameras Inc, and more. They are one of only a handful of OEMs certified as a system builder by Milestone. Learn More at www.velasea.com.

    About Threat Detection Systems
    Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today’s world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security.

    Forward Looking Statements
    This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

    For further information, please contact:
    Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   
    Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385
    Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Navatar’s A-Game Podcast: How Left Lane Associates Beats Top Investment Banks Like Goldman Sachs to Dominate Supply Chain M&A

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON, Feb. 04, 2025 (GLOBE NEWSWIRE) — A small boutique investment banking firm based in Canada consistently punches above its weight, competing against big firms like Bank of America, Citibank, and Goldman Sachs to win M&A deals in the supply chain sector.

    In the latest episode of the A-Game podcast, Peter Stefanovich, President of Left Lane Associates, describes how Left Lane’s deep knowledge and wealth of experience in the supply chain has turned them into the advisor of choice in the sector. Left Lane has been doing more deals in the supply chain sector than any other advisory firm in North America, based on deal volume.

    “Somebody like a Goldman Sachs, they are a behemoth, we look up to them, they’re obviously the gold standard. The difference is that the majority of our professionals have lived and breathed transportation. Some of them are third or fourth generation transportation company owners who bought and sold businesses,” says Stefanovich during the podcast conversation with Alok Misra, CEO of Navatar.

    With the knowledge and experience gained from its time spent dedicated to the sector, Left Lane’s team has also developed deep connections with supply chain business owners, executives, and industry-leading associations. In an extensive transaction process, these connections to the industry can play a vital role in resolving issues and negotiating favorable terms for a client.

    Don’t miss this opportunity to learn from industry leaders. The entire episode can be viewed here:

    https://www.youtube.com/watch?v=n8U1emTtfgs

    About Navatar

    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, enables investment professionals make informed decisions based on superior proprietary intelligence. Navatar is used by hundreds of firms including private equity funds, M&A boutiques and bulge brackets, fund of funds, multi-asset credit, hedge funds, real estate funds, venture capital firms, corporate development groups, family offices, private placement and other financial services companies. For more information, visit www.navatargroup.com.

    About Left Lane Associates

    Left Lane Associates is North America’s premier supply chain M&A experts that companies trust to drive their growth and exit plans. Left Lane Associates’ team builds personal relationships through supply chain thought leadership and experience while delivering industry-specific deal expertise to maximize value for its clients, supported by its proprietary processes and research. For more information, visit www.leftlaneassociates.ca.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network –

    February 5, 2025
  • MIL-OSI Economics: Authority publishes insurance intermediaries thematic report

    Source: Isle of Man

    Published on: 04 February 2025

    The Isle of Man Financial Services Authority has published a report highlighting the findings of a thematic review relating to insurance intermediaries.

    The conduct-based review was carried out by the Prudential Supervision Division to assess compliance with the relevant legislation and identify any common themes regarding the fair treatment of customers.

    A total of 27 Island firms responded to the initial questionnaire, while a sample of seven firms was selected using a risk-based approach to provide additional information as part of a desk-based review in phase two.

    A range of insurance intermediaries took part, including firms that are fully registered or partially exempt, but excluding those registered in respect of packaged bank accounts only.

    The thematic report, which is available to view on the publications section of the Authority’s website, sets out the findings, as well as key observations and examples of good practice and areas for improvement.

    The data will inform the Authority’s picture of risk within the sector and support its work to protect consumers and maintain confidence in the finance industry through effective regulation.

    Andrew Kermode, Head of the Prudential Supervision Division, said: ‘Thematic reviews help to identify issues or trends within industry, including areas that may pose higher risks. The findings improve the depth and breadth of the Authority’s knowledge through observation of firms’ practices and the inspection of records. The review of insurance intermediaries focused on conduct risk, more specifically the fair treatment of customers. Firms are encouraged to read the report and consider any action necessary to ensure their own processes are effective, up-to-date and properly documented.’

    MIL OSI Economics –

    February 5, 2025
  • MIL-OSI United Kingdom: Minister for European Union Relations speech at EU-UK Forum

    Source: United Kingdom – Government Statements

    A speech delivered in Brussels at the EU-UK Forum by Nick Thomas-Symonds, Minister for European Union Relations.

    Many thanks, Paul, and many thanks to the EU-UK Forum for organising this conference.

    And, of course, for the invitation for me to come along to speak.

    I suppose I should also say a big thank you to the Prime Minister for the warm-up act last night.

    It’s a real pleasure to share a stage with my EU counterpart Maros Sefcovic.

    Even though, of course, Maros joined us virtually, our mutual goal of reaching a better UK EU relationship is very real.   

    And today, I want to explain why that is so important…

    …what it could mean for the UK and for Europe…

    …and what I believe the defining structure of that relationship could look like. 

    It is obvious to me – as I am sure it is to all of you – that at a time of such intense global change, the UK and the EU have many mutually aligned interests and challenges.

    We want increased prosperity…

    … we want to strengthen our security…

    …and we want our citizens to be safe. 

    Those joint challenges that we face were powerfully set out by our UK Chancellor, Rachel Reeves…

    …and, indeed, the President of the European Commission, Ursula von der Leyen just last week.

    In her growth speech, my Friend the Chancellor didn’t shy away from the economic challenges that we are confronting. She said:

    “Growth will not come without a fight. Without a government willing to take the right decisions now to change our country’s future for the better.  

    “But for too long, that potential has been held back.”  

    On the same day, the President von der Leyen presented the ‘Competitiveness Compass’ saying that, and I quote:

     “Europe has everything it needs to succeed. But, at the same time, we must fix our weaknesses to regain competitiveness.” 

    The ‘Competitive Compass’ sets out the importance of “trade openness”, “not only for sustaining Europe’s prosperity, but also for enhancing its resilience”.

    We know that low growth is not the destiny for our economies. 

    Research and innovation…

    …reducing red tape…

    …a new skills agenda…

    …boosting productivity…

    …a more resilient economy…

    …all these elements found in the Compass are also crucial parts of the Prime Minister’s Plan for Change.  

    These are areas of mutual interest to both of our economies

    It is also clear about the vital interconnection between security and prosperity…

    …that is why the work we are all engaged in – that Maroš and I are driving forward – is so vital.

    In the UK and indeed in Brussels – we are clear-eyed about the scale of challenges that we face – and the opportunities for growth and innovation.

    The European Union is the UK’s biggest trading partner, with trade totalling – in 2023 – over £800bn.

    Many of our best education and science facilities have lifelong links…

    …and our collaboration on research and development has been the springboard for hugely successful innovations that have driven growth and jobs. 

    And in a more uncertain world, we are regularly reminded that allies are more secure together than they are apart.

    This Government’s position is simple: the UK and the EU are linked through trade and international organisations like NATO…

    …and even though we voted to leave the EU, our role as key allies and trade partner remains.

    We know that for these relationships to flourish, trust is a vital ingredient.  

    This Government recognises that the UK’s signature means something.

    So, we are committed to implementing the Trade and Co-operation Agreement and the Windsor Framework and building on that structure to address emerging challenges and opportunities.

    Now, I want to say – straightforwardly – that we see real opportunities to improve the status quo.

    As ‘Businesseurope’ set out in their report this Autumn: 

    “There remain many unnecessary barriers to trade and investment. Following the elections of new governments in the EU and UK, there is a clear opportunity to upgrade the relationship to deliver for businesses and citizens.”

    I agree with them. 

    A study published last year showed that between 2021 and 2023, the goods EU businesses export to the UK were down by 32%…

    …while UK goods exports to the EU were down by 27%.

    That is not good for British business or European businesses…

    …especially at a time when our economies need a kickstart. 

    Reducing trade barriers is of mutual benefit to the UK and the EU. 

    [redacted political content]

    It was vital that we re-joined Horizon…

    …we should never have left in the first place…

    …but the gap in continuity and other challenges means we haven’t together achieved as much as we could have done.

    It’s especially bad when global competition for innovation has never been fiercer.

    When the UK should have been working more closely with international law enforcement on security…

    …we frankly wasted years undermining the role of the ECHR, in pursuit of a doomed Rwanda deportation scheme.

    We cannot continue in this way with one of our largest, most important partners… 

    …that is why this Government will always work in the UK’s national interest…

    …and for me, that means being a ruthlessly pragmatic negotiator.

    That means making the case for closer working with our allies in the EU, to make people across the UK and the EU safer, more secure and more prosperous…

    …that means making sure that we are working to strengthen cooperation, moving away from a zero sum, win, lose dynamic we have seen in recent years…

    …and that is the spirit I take into discussions with the EU. 

    The UK and the EU have many mutually beneficial interests… 

    …I want to build on these as we work to reset our relationship…

    …to help construct a more secure, a safer and a more prosperous UK and EU. 

    Now this British Government was elected on a mandate…

    …to strengthen national security by reconnecting with our allies…

    …to increase people’s safety through strong borders…

    …and increase prosperity through growth.

    Our European friends are a part of every single one of those priorities…

    …and I believe it’s these priorities that form the three pillars of a reset in our relationship.

    On security – you saw yesterday how seriously we’re taking this.

    Our Prime Minister met with all 27 of the EU leaders and the Secretary General of NATO… 

    …discussing the common threats we face…

    …and the value that closer EU-UK cooperation on defence could bring…

    …whether it’s securing undersea cables or working together on research and development. 

    On safety – I am clear that if we want to protect our respective borders and keep our citizens safe, then we need to work together.

    That is the only way we’re going to break up the vile global trade in human trafficking…

    …that’s the only way to tackle organised crime and terrorism, which plagues us all. 

    And on prosperity – if we want to grow our economies…

    …and boost our living standards…

    …then we need to reduce barriers to UK and EU trade. 

    And I am pleased to say that – that on all three of these issues – we are making progress. 

    On security, the Prime Minister and the President of the European Council have made clear they wanted closer cooperation on security and defence…

    …and the EU High Representative and the Foreign Secretary have already agreed to new six-monthly Foreign Policy dialogues 

    On safety, we have already increased the UK’s presence at Europol…

    …but I want us to go further. 

    We need to find to find ways to better coordinate law enforcement so that we can smash the gangs behind the small boats. 

    To make people safer, we must do all we can to strengthen our collective ability to tackle organised crime and work together on illegal migration.

    Afterall, these are shared challenges. 

    And on prosperity, we have said we will seek to negotiate a Sanitary and Phytosanitary agreement to remove barriers to trade…

    …and find ways to resolve issues like the Mutual Recognition of Professional Qualifications.

    We can go much further on energy and the green transition.

    Our Government’s commitment is to Make Britain a Clean Energy superpower by 2030… 

    …and together, we need to deliver energy security so that we are never again left exposed as we were when Russia – illegally – invaded Ukraine.

    These challenges all span borders and we must work together to seize opportunities that lie ahead.

    All of this work is supported by much greater cooperation between the UK Government and the EU. 

    Right from the very top – with the Prime Minister meeting with President von der Leyen and Council President Costa…

    …agreeing to a leader-level summit that will be held in May, where we hope we can deliver a balanced, yet ambitious outcome to benefit all of our citizens.

    Just before Christmas, our Chancellor attended a meeting of the EU finance ministers…

    …the first time a British Chancellor has been invited to the Eurogroup since Brexit.

    These meetings form only some of the nearly 70 direct engagements…

    …between UK Ministers and our EU counterparts since coming into Government…

    …and I look forward to many more ahead. 

    And I say to you all: I look forward to working with you throughout this year and into the future.

    But ladies and gentlemen – the time for ideologically-driven division is over…

    …the time for ruthless pragmatism is now.

    It is through a new partnership between the UK and the EU that we will deliver for the people of the United Kingdom, and for people across the continent.

    The future of the EU and the UK lies beyond the status quo…

    …reaching forward to deliver benefits for all our people to share.

    So, let us rise to our shared challenges and grasp this opportunity.

    Because together we will create a stronger UK and we will create a stronger Europe.

    Thank you very much.

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom –

    February 5, 2025
  • MIL-OSI Russia: Marat Khusnullin: A water pipeline was built in the LPR to provide stable water supply to more than 75 thousand residents of the republic

    Translartion. Region: Russians Fedetion –

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

    A new 33 km high-pressure main water pipeline has been launched in the Luhansk People’s Republic. The new facility connects the cities of Molodogvardeysk and Sverdlovsk. It will provide uninterrupted water supply to more than a thousand residential buildings and social institutions, Deputy Prime Minister Marat Khusnullin reported.

    “The previous water pipeline, which is intended for Sverdlovsk, the villages of Komsomolsky and Mirny, as well as part of the Krasnodon district, was so worn out over 50 years that residents were sometimes left without water for weeks due to frequent accidents. We approached this issue in a comprehensive manner, using the mechanism of special treasury loans for the construction of the facility. Now the new main line is already stably supplying water to more than 930 apartment buildings, over 110 social institutions, as well as individual residential buildings, which has improved the quality of life of more than 75 thousand residents of the Lugansk People’s Republic,” said Marat Khusnullin.

    The operator of the projects implemented using special treasury loans is the Territorial Development Fund. The work on the site was carried out under the direct supervision of the “Technical Customer of the FRT”.

    “The water pipeline is designed to supply drinking water in the volume of up to 30 thousand cubic meters per day, which requires high wear resistance from it. During the construction of the water pipeline, various types of steel and plastic pipes of different diameters were used. To launch the strategic facility, Rospotrebnadzor conducted water tests and confirmed its safety, which made it possible to complete the technological connection of the new water pipeline to the pumping station that supplies water to residents,” added Ilshat Shagiakhmetov, General Director of the public-law company “Fund for Development of Territories”.

    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 –

    February 5, 2025
  • MIL-OSI Russia: RN-Purneftegaz produced 280 millionth ton of oil

    Translartion. Region: Russians Fedetion –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    The accumulated production of RN-Purneftegaz, one of the main centers of Rosneft oil and gas production in Yamal, has reached 280 million tons of oil since the start of field operation in 1986. This result was made possible by pioneering oil workers and the entire team of RN-Purneftegaz. The qualifications of the company’s specialists, non-standard engineering solutions, and many years of work have allowed the development of the most complex fields in terms of structure, the creation of a powerful production infrastructure from scratch, and the introduction of innovative technologies.

    The total area of licensed areas located in the Purovsky District is more than 14 thousand square kilometers. The operating stock exceeds 2.7 thousand wells, and the length of pipelines is about 4 thousand kilometers.

    In 2024, the company launched the Yuzhno-Tarkosalinskoye field into commercial operation and also began developing new deposits of the Verkhnepurpeyskoye and Komsomolskoye fields. The development of a new resource base will allow maintaining a stable level of raw material production in the medium term.

    The complex geological structure of a number of fields under development requires the selection and implementation of innovative technologies for drilling and oil production. The company successfully uses a domestic automated drilling control system. The development has reduced the drilling time by an average of 11.7 hours/well. The automated intelligent system operates on the autopilot principle: based on the initial parameters, the automation makes adjustments to the control of the technological process without the operator’s participation. At the same time, a high level of industrial safety is ensured.

    RN-Purneftegaz pays special attention to environmental protection. The company carries out systematic work on reforestation and preservation of aquatic biological resources of the region. Over the past three years, more than 1.2 million pine seedlings have been planted on an area of 340 hectares in Yamal. The company has released more than 2.1 million fry of valuable fish species – peled, carp, nelma and muksun – into the rivers of the Ob-Irtysh basin.

    The city of Gubkinsky, built by oil workers, is the base for RN-Purneftegaz. With the support of Rosneft, most of the socially significant facilities were built here: a city hospital, a children’s library, music and art schools, two swimming pools, an indoor ice rink, and a number of residential complexes. The city-forming enterprise provided financial assistance in the construction of the Neftyanik Palace of Culture and Sports. The construction of an Ice Palace with a total area of 6,500 sq. m. is underway. The new facility will allow Gubkin residents to engage in winter sports all year round.

    For over twenty years, the company has been providing ongoing support to the indigenous peoples of Yamal, helping to preserve their culture and traditional way of life. With the support of RN-Purneftegaz, a program to develop education for children of the indigenous peoples of the North who lead a nomadic lifestyle has been implemented in the region since last year. Grants from oil workers have been used to publish teaching aids in the language of the Forest Nenets – a textbook, a workbook, and an online simulator for elementary grades. The district is also developing the practice of preparing children for school directly in the places where families live – in nomadic kindergartens.

    Department of Information and Advertising of PJSC NK Rosneft February 4, 2025

    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 –

    February 5, 2025
  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 03 02 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    03 FEBRUARY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 9,653,126 1.2181    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 9,653,126 1.2181    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SALE 6,000 92.5418p
    0.375p ORDINARY SALE 9,770 93.2421p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 04 FEBRUARY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Form 8.3 – [LOUNGERS PLC – 03 02 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary Clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    LOUNGERS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure

    03 FEBRUARY 2025

    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,288,957 1.2399    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,288,957 1.2399    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 3,520 323.1p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 04 FEBRUARY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

    February 5, 2025
  • MIL-OSI: Descartes Sets Date to Announce Fiscal 2025 Fourth Quarter and Year-End Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WATERLOO, Ontario and ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its fiscal 2024 fourth-quarter and year-end financial results after market close on Wednesday, March 5, 2025.

    Descartes’ executive management team will hold a conference call to discuss the company’s financial results at 5:30 PM ET on Wednesday, March 5. Designated numbers are +1 289 514 5100 or +1 800 717 1738 for North America Toll-Free, using Passcode 45440#.

    The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast login is required approximately 10 minutes beforehand.

    Replays of the conference call will be available until March 12, 2025, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 45440#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations..

    About Descartes Systems Group
    Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security, and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and X (Twitter).        

    Descartes Investor Contact         
    Laurie McCauley
    (519) 746-2969
    investor@descartes.com

    The MIL Network –

    February 5, 2025
  • MIL-OSI: QSEC-CEE 2025 Concludes with Breakthroughs in Quantum Cybersecurity

    Source: GlobeNewswire (MIL-OSI)

    KOŠICE, SLOVAKIA, Feb. 04, 2025 (GLOBE NEWSWIRE) — Decent Cybersecurity concluded its highly anticipated conference QSEC-CEE 2025 on post-quantum cybersecurity, bringing together experts and innovators at Bistro HÁJE and online, on Jan 31, 2025. The sold-out hybrid event gathered leading cybersecurity professionals from across Central and Eastern Europe, fostering critical discussions on the future of quantum-resistant security solutions.

    The conference, organized by Decent Cybersecurity, a founding member of the Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI), showcased the region’s emerging leadership in quantum security innovation.

    The day opened with powerful keynotes from industry leaders. Matej Michalko, CEO of Decent Cybersecurity, delivered an inspiring vision of Central Europe’s role in quantum security, followed by Michaela Abel, COO, who outlined practical steps for building quantum-ready organizations.

    The program flowed seamlessly through technical and strategic presentations. Ing. Pavol Krcho, PhD. traced the fascinating evolution from punch cards to post-quantum cryptography, while doc. Ing. Jaroslav Sivák CSc. delivered crucial insights on critical infrastructure security. Marek Procháska brought fresh perspectives on the post-quantum future of DevOps.

    The afternoon sessions saw Ing. Hana Krchová, Ph.D., MBA tackling the future of R&D project management, followed by Mgr. Jozef Binder’s exploration of agile methodologies in the quantum era. Certified cybersecurity auditor and manager Ing. Pavol Adámek rounded out the program with a comprehensive overview of NIS2 implementation in Slovakia.

    “The quantum threat isn’t coming – it’s here,” warned Michaela Abel during her keynote. “And today showed that Central Europe isn’t waiting for solutions from Silicon Valley or Tel Aviv. We’re building them ourselves.”

    The carefully curated single-track format ensured all attendees, both in-person and virtual, shared the same powerful experience. Live translation services in English, Slovak, and Czech enabled seamless communication across the region.

    “The energy here is different,” noted one attendee from Prague. “It’s not just another tech conference – there’s real work getting done, whether you’re here in person or joining remotely.”

    The choice of venue proved inspired. Bistro HÁJE, perched in Košice’s Lorinčík district, offered a refreshing break from sterile conference centers. Between sessions, in-person attendees networked over local specialties while taking in panoramic views of the surrounding countryside, while virtual participants engaged through dedicated networking channels.

    About Decent Cybersecurity

    A founding member of the Critical Infrastructure Association of the Slovak Republic, Decent Cybersecurity leads the charge in European cybersecurity solutions, with a laser focus on post-quantum security and critical infrastructure protection. The company holds ISO 9001 and ISO 27001 certifications from TÜV SÜD, and maintains national, EU, and NATO security clearances at the “Secret” level. As a certified provider of cybersecurity audit by the National Security Authority, Decent Cybersecurity brings the highest level of security expertise to protect critical infrastructure and sensitive data.

    About Critical Infrastructure Association of the Slovak Republic

    The Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI) unites key players in Slovakia’s critical infrastructure security sector, driving innovation in national security solutions.

    About Bistro HÁJE

    Tucked away at Pod Hájmi 28, Košice-Lorinčík, Bistro HÁJE has become Košice’s go-to venue for high-stakes business gatherings. Its blend of professional facilities and stunning natural surroundings offers a welcome departure from conventional conference spaces.

    For conference materials and future events: www.decentcybersecurity.eu and www.akisr.sk

    Contact

    Decent Cybersecurity s.r.o.

    media@decentcybersecurity.eu

    The MIL Network –

    February 5, 2025
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