Category: Transport

  • MIL-OSI Security: Defense News: Remembering Two Trailblazing Aviators: Lt. Cmdr. Lyndsay “Miley” Evans and Lt. Serena “Dug” Wileman

    Source: United States Navy

    In the world of U.S. Naval Aviation, very few names will be forever imprinted with their squadrons, their communities, and their shipmates. Among them are Lt. Cmdr. Lyndsay “Miley” Evans and Lt. Serena “Dug” Wileman, two highly skilled, combat-decorated aviators who tragically lost their lives during a routine training flight near Mount Rainier on Oct. 15, 2024. More than just names and ranks, they were role models, trailblazers, and women whose influence touched countless people on the flight deck and well beyond.

    They had recently returned from a deployment with their squadron, Electronic Attack Squadron (VAQ) 130, “Zappers,” with whom they spent nine months at sea as a part of Carrier Air Wing Three (CVW-3) aboard USS Dwight D. Eisenhower (CVN 69) (IKE). Operating mostly from the Red Sea, they supported Operations INHERENT RESOLVE, PROSPERITY GUARDIAN, and POSEIDON ARCHER, where they were involved in the most dynamic combat action in defense of the strike group and freedom of navigation since World War II.

    During their deployment, both Evans and Wileman distinguished themselves in combat operations. Their efforts directly contributed to the Navy’s mission defending U.S. and Coalition forces while keeping the seas open and free with precision and purpose. These role models cemented legacies by making history that will inspire future generations of Naval officers and aviators.

    Born to Lead: Lyndsay “Miley” Evans

    Following her time at the University of Southern California, Los Angeles, Evans was commissioned through the Reserve Officers’ Training Corps (ROTC) and earned her “Wings of Gold” as a Naval Flight Officer out of Naval Air Station (NAS) Pensacola. While familiar with the spotlight, Evans always carried herself as a humble yet strong leader – the quiet professional. As an EA-18G Electronic Warfare Officer (EWO) and veteran of two sea tours, she earned the respect of the entire Growler community for her tactical expertise, mentorship to those of all ranks and communities, and ability to bring out the best in everyone around her.

    In 2023, Evans was part of the all-female Super Bowl flyover, a historic moment marking 50 years of women flying in the Navy. This event also symbolized the progress of women in aviation across all military branches. But for those who knew her best, this was only one highlight in a notable career defined by high performance and distinction. After completing the challenging 12-week HAVOC graduate-level course at NAS Fallon (the TOPGUN of the Growler community), Evans earned the honor and responsibility of becoming a Growler Tactics Instructor (GTI). Living up to this responsibility daily, her approachable and knowledgeable demeanor enabled the training and development of countless junior EA-18G Pilots and EWOs. Therefore, it was no surprise to her mentors and peers when she was recognized as the FY2024 Growler Tactics Instructor of the Year, a prestigious honor earned through her tactical acumen and sustained leadership.

    During her 2023-24 deployment with CVW-3 and the IKE Carrier Strike Group (IKE CSG) in the Red Sea, Evans coordinated and executed multiple combat strikes into Houthi-controlled territories in Yemen, making her one of the few women to fly combat missions over land. In her critical role as VAQ-130’s Training Officer, she helped develop and execute new warfare tactics that required knowledge, innovation, and a comprehensive understanding of aerial warfare and electronic attack in a nascent theater against a constantly evolving threat. The tactics, techniques, and procedures for the EA-18G she pioneered defending against Houthi aggressions directly contributed to the successful defense of the entire CSG and will be used as a template for adaptability at the unrelenting pace of combat in future fights.

    Evans was awarded two Single Action Air Medals for her exceptional performance during strikes on January 12 and 22, 2024. She also earned three Strike Flight Air Medals for her contributions to missions flown between December 21, 2023, and March 29, 2024.

    The Heart and Soul: Serena “Dug” Wileman

    A native of California and commissioned through Officer Candidate School, Wileman was at the beginning of a promising and illustrious career. As a senior first-tour Naval Aviator, she established herself as an energetic, vocal, and positive influence in VAQ-130. Known for her heart of gold, passion, and unrelenting smile, Wileman was always committed to improve and grow, not only for herself but every Sailor and officer around her.

    During her 2023-24 deployment, Wileman planned and subsequently flew multiple strikes into Houthi-controlled territories in Yemen, one of the few women to fly combat missions over land. Wileman’s exceptional leadership was highlighted during VAQ-130’s “Dirt Det,” where she was designated the Officer in Charge. Overcoming the challenges of operating from an austere location, she successfully oversaw all detachment operations enabling the support of multiple flights in the defense of U.S. and Coalition forces in support of Operations INHERENT RESOLVE and PROSPERITY GUARDIAN.

    Always a team player, Wileman was also a respected qualified Landing Signal Officer (LSO), a vital role in the squadron to ensure her fellow Naval Aviators safely recovered aboard the ship. Despite operating in a weapons engagement zone, her calm and collected demeanor under pressure showed during combat operations. Even when recovering alerts while IKE was being targeted and the CSG was under attack by Houthi terrorists, she executed flawlessly, bringing all CVW-3 aircraft aboard expeditiously and safely. From the LSO platform, Wileman always showcased her extraordinary composure and consistent ability to perform under pressure.

    Due to her unrelenting efforts, Wileman accrued three Strike Flight Air Medals for her role in combat operations between December 17, 2023, and April 5, 2024.

    Outside the cockpit, Wileman made everyone smile. She would brighten up any room and was known for her genuine care and compassion for those around her. She always brought a sense of calm, in the good times and bad, whether it was through a joke, a game of cribbage, or a giant bear hug for a Sailor in need of one.

    The Bonds That Endure

    Evans’ and Wileman’s strong connection to their families were second to none. Evans was close with her parents, who were immensely proud of her many accomplishments and were overjoyed when welcoming her back to NAS Whidbey Island on July 13th.

    Wileman met her husband, Brandon, during flight school. Also a Naval Aviator, Brandon shared in her passion for flight, and together they supported each other through the challenges and successes of their careers. Wileman’s goal for follow-on orders after the Zappers was to remain co-located with Brandon.

    Both Evans and Wileman shared lasting loyalty and commitment to their mentors, peers, and Sailors. They always lifted others up, even during the most challenging moments of deployment, knowing exactly how to take a quick break from the “stress” of the job and deployment and getting everyone’s heads back in the game.

    They also bonded over their love of dogs: Evans, a proud “dog mom” to Nyx (an Australian Shepherd), and Wileman to Riley (a Dachshund/Chihuahua mix – “Chiweenie”). The two often flew together, sharing a deep understanding of the intricacies of Naval Aviation, and complemented each other well. They shared many moments together, from leading critical missions in combat zones during deployment to helping their Sailors and each other weather the mental strain of long deployments.

    These women’s bond with each other reached well beyond the cockpit. They were both known for their humor and light-hearted spirit. A memorable moment came at a beachside pool, where, during a liberty port in Souda Bay, Crete, Evans and Wileman shared a laugh as two male squadron mates struggled to move a heavy umbrella. “Centuries of oppression have finally paid off,” they joked, representing the camaraderie and light heartedness that defined both of them.

    A Legacy That Lives On

    The legacy that Evans and Wileman leave behind is characterized by strength, courage, and inspiration. They embodied the very best of Naval Aviation and were examples that hard work, determination, and devotion to their passions could lead to exceptional achievements. They will remain role models for both women and men, embodying the true Navy warrior spirit.

    Capt. Marvin Scott, Commander of CVW-3, said Evans and Wileman will be remembered for their tenacity, their outstanding contributions to the defense of others, and the positive energy they brought to Naval Aviation.

    “I have personally flown with both of these Great Americans in both training and dynamic combat operations, and they always performed professionally and precisely. As true leaders in the Growler community, VAQ-130, and across my Air Wing, their contributions cannot be overstated; I could not be more proud to have served with each of them,” said Scott. “Every member of the CVW-3 Battle Axe Team is heartbroken at the loss of these exceptional warriors; Dug and Miley truly represent the best that Naval Aviation has to offer, and they will absolutely be missed.”

    As the Navy mourns the loss of these two exceptional aviators, their stories will continue to inspire generations of service members. They represent the best of the Navy and Naval Aviation: warriors who were steadfast in the face of danger, always prepared to lead, and compassionate to their fellow Sailors. Their memories will endure with the men and women of the Zappers, CVW-3, and the entire IKE CSG. Their legacies will live on, immortalized in the hearts of their families, friends, and all who had the privilege to serve alongside them.

    MIL Security OSI

  • MIL-OSI: Sky Quarry to Present at The ThinkEquity Conference on Wednesday, October 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    WOODS CROSS, Utah, Oct. 22, 2024 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or the “Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, will attend The ThinkEquity Conference being held at the Mandarin Oriental Hotel in New York City on October 30, 2024.

    Sky Quarry Founder and Chief Executive Officer David Sealock will conduct in-person one-on-one meetings during the conference to discuss the Company’s recent successful Nasdaq listing and its ECOSolv technology that has the ability to recover both material and oil from the millions of tons of waste asphalt shingles that are dumped into landfills each year. Mr. Sealock will also be hosting a presentation during the event.

    The ThinkEquity Conference
    Date: October 30, 2024
    Location: Mandarin Oriental Hotel, New York City
    Presentation Time: Wednesday, October 30, 2024, at 12:30 pm ET/9:30 am PT in the Boardroom
    Speaker: Founder and CEO David Sealock
    Format: In-person 1×1’s and Presentations
    Conference Website: Click here

    For more information on the ThinkEquity Conference or to schedule a one-on-one meeting with Sky Quarry management, please contact your conference representative or you may also email your request to SKYQ@mzgroup.us or call Chris Tyson at (949) 491-8235.

    For more information about Sky Quarry, please visit skyquarry.com.

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include ”forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    SKYQ@mzgroup.us
    http://www.mzgroup.us

    Company Website

    https://investor.skyquarry.com/

    The MIL Network

  • MIL-OSI: Richtech Robotics to Present at the LD Micro Main Event XVII

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR), a Nevada-based provider of AI-driven service robots, announces today that Matt Casella, President of Richtech Robotics, will present a corporate overview at the LD Micro Main Event XVII. The conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

    Event: LD Micro Main Event XVII
       
    Presentation Date: Tuesday, October 29, 2024
       
    Time: 4:30 PM Pacific Time
       
    Register to watch presentation: https://me24.sequireevents.com/
       

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at http://www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    For more information, please visit https://www.richtechrobotics.com/.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Marketing Director
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network

  • MIL-OSI: Open Lending to Announce Third Quarter 2024 Results on November 7, 2024

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) — Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024, at 5:00pm ET. A press release with third quarter 2024 financial results will be issued after the market closes that same day.

    The conference call will be webcast live from the Company’s investor relations website at https://investors.openlending.com/ under the “Events” section. The conference call can also be accessed live over the phone by dialing (800) 343-5172, or for international callers (785) 424-1699; the conference ID is LENDING. An archive of the webcast will be available at the same location on the website shortly after the call has concluded.

    About Open Lending

    Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 20 years, we have been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward. For more information, please visit http://www.openlending.com.

    Contact information:

    Investor Relations Inquiries:
    InvestorRelations@openlending.com

    Source: Open Lending Corporation

    The MIL Network

  • MIL-OSI Security: St. John’s — RCMP NL Major Crime Unit seeks public’s assistance locating Honda Civic associated to homicide investigation in Bay Roberts (UPDATED)

    Source: Royal Canadian Mounted Police

    Update: The Honda Civic was located. RCMP Major Crime Unit thanks the public for the assistance provided.

    RCMP NL’s Major Crime Unit is continuing to investigate a recent homicide that occurred on September 30, 2024. Police are looking to locate a 2012 brownish-grey 4-door Honda Civic.

    On the morning of the murder, the Honda Civic was present on the parking lot of Tim Horton’s and Needs Convenience on L.T. Stick Drive in Bay Roberts. At that time, the car had a noticeably loud exhaust system and damage to the front driver-side window, with a possible plastic window covering. The last registered licence plate for this vehicle was NL plate HXG585. Officers believe that, since the time of the crime, this vehicle may have been passed onto a number of individuals and that the person in its current possession may not be aware of its association to this investigation.

    A video of the vehicle is attached.

    Anyone with knowledge of the current location of this vehicle is asked to contact RCMP NL Major Crime Unit at 709-772-5433 or, to remain anonymous, contact Crime Stoppers: #SayItHere 1-800-222-TIPS (8477), visit http://www.nlcrimestoppers.com or use the P3Tips app.

    Background

    Suspicious death in Bay Roberts ruled homicide, three individuals arrested and charged for First Degree Murder by RCMP NL’s Major Crime Unit

    Video

      Video description

      A 4-door Honda Civic drives away from a gas pump.

    MIL Security OSI

  • MIL-OSI Europe: Government Approves Enhancements to Irish SME Test

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    The Minister for Enterprise Trade and Employment, Peter Burke TD, today welcomed the Government decision to agree the revised guidelines and template for the application of the SME Test. The enhanced Test will be rigorously applied by all Government Departments to major new measures that will directly or indirectly impact small and medium sized enterprises.

    Minister Burke TD said:

    “The revised SME Test will help to ensure the ‘think small first’ principle is thoroughly applied to new measures as they are being developed. This will ensure that potential impacts on SMEs are fully considered, and mitigations are applied where appropriate.

    “Under the new guidelines, all primary and secondary legislative proposals, new policies and strategies, and all SIs (Statutory Instruments) will need to carry out an SME Test or provide an explanation why one is not necessary. It’s part of a further emphasis being placed by Government on supports for family businesses, indigenous enterprises and home-grown SMEs to reduce red tape and regulatory burden.”

    The SME Test is an impact assessment tool that has been designed to assist policymakers consider the SME perspective when making any new policies, legislation (primary or secondary), or regulatory compliance requirements.

    The objective of the SME Test is to ensure the ease of use, understanding and application of policy requirements on SMEs. The Test identifies disproportionate impacts on SMEs and encourages policymakers to propose alternative policy options or mitigating measures to minimise the impact on small businesses, and to ensure that the regulatory environment allows SMEs to operate, grow and scale-up.

    In addition to rigorously applying the new SME Test, Government has also recently committed to consult with business to identify additional areas across Departments/Agencies where the regulatory burden could be reduced.

    A cross-government network has developed the enhanced SME Test and will continue to work together on implementation. Strengthening the language used in the guidance and adding clarity as to when and where it should be applied, as well as including more detailed screening questions and emphasising the need for consultation will ensure the SME test becomes an even more useful tool for policy makers.

    ENDS

    MIL OSI Europe News

  • MIL-OSI USA: Learning About Landscape Architecture on the UConn Research Farm

    Source: US State of Connecticut

    At UConn, the disciplines of plant science and landscape architecture are housed in a single department.

    This arrangement provides unique opportunities for students like Brianna Collazo ‘26 (CAHNR), a landscape architecture student who spent this past summer working on the UConn Plant Science Research & Education Farm, which serves both plant science and landscape architecture projects.

    “It’s lovely,” Collazo says. “There are so many opportunities that have been opened and so many events where we get to socialize and learn from one another.”

    Collazo had explored several academic pathways while at Manchester Community College before coming to UConn. She took courses in everything from computer science to sculpture before realizing she was interested in architecture. Given this and her love of being outside, the landscape architecture program at UConn was a perfect fit.

    “When I was looking up majors similar to architecture, I found landscape architecture and I did a little bit of research and I was like ‘wow, I think I’ll really like doing this’,” Collazo says.

    Collazo says she quickly fell in love with the program at UConn.

    “I’m so excited to go to class every day,” Collazo says. “You can ask anyone, I’m usually the first one to get to studio and the last one to leave.”

    UConn’s landscape architecture program is nationally accredited and provides a close-knit educational atmosphere for around 60 students. Working closely with ten faculty, communities, and practicing landscape architects, students have the opportunity to participate in experiential learning across Connecticut.

    “Brianna is a wonderful ambassador for our program and department. She brings an infectious energy to all that she does. Her skills and thinking have grown tremendously over the past year and we can’t wait to see her work progress,” says Jill Desimini, program director for Landscape Architecture.

    During her sophomore year, Collazo decided she wanted to gain more practical experience to better prepare her for internships.

    She found an opening on the Research Farm and with encouragement from Travis Clark, the Research Farm manager, decided to apply.

    The Research Farm has been in operation for over 100 years supporting research, teaching, and extension work at CAHNR. The 153-acre facility is a short drive from UConn’s main campus in Storrs, making it uniquely accessible for students. There are over 50 research plots where faculty and graduate students conduct basic and applied scientific experiments in subjects like sustainable agriculture, turfgrass and soil science, greenhouse and nursery operations, and fruit and vegetable production.

    “The summer was really exciting,” Collazo says. “[Clark] was really happy to have me there and I felt like I was being cared for.”

    “I was excited to be able to bring Brianna on the farm this summer.  Her unique background in landscape architecture and her willingness to learn made her an asset to our team,” says Clark ’09 (CAHNR).  “This internship provided Brianna with a lot of the hands-on skills through experiential learning that will continue to be valuable to her throughout her career.”

    Over the summer, Collazo not only gained practical skills for working on a farm, but learned outside of her major about soil science, cover crops, and how to use different species for different purposes.

    “I wanted to take so much out of this experience,” Collazo says. “Every single day I would learn something.”

    Collazo also supported graduate students working on the farm over the summer and has continued assisting two: Julie-Ann Adorno, an advisee of Haiying Tao, associate professor of soil nutrition management and soil health; and Brian Garzon, an advisee of Mariana Fragomeni, assistant professor of landscape architecture.

    After this experience, Collazo decided she want to go to graduate school to continue her studies, looking at how to design agricultural sites for research.

    “Hearing about their passion and their work over the summer really got me to understand how much it takes to make a landscape, how much goes into the different systems of the outdoors, and how we need to combine all of those to create the best design to benefit us,” Collazo says.

    This work relates to CAHNR’s Strategic Vision area focused on Ensuring a Vibrant and Sustainable Agricultural Industry and Food Supply.

    Follow UConn CAHNR on social media

    MIL OSI USA News

  • MIL-OSI Video: Department of State Daily Press Briefing – October 22, 2024 – 1:15 PM

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

    Department Press Briefing with Principal Deputy Spokesperson Vedant Patel, at the Department of State, on October 22, 2024.

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

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

    Get updates from the U.S. Department of State at http://www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=TTPjoBfGBW4

    MIL OSI Video

  • MIL-OSI Video: Deputy Secretary Campbell remarks at the Secretary of State’s ACE ceremony – 1:15 PM

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

    Deputy Secretary Campbell delivers remarks at the Secretary of State’s Award for Corporate Excellence ceremony at the Department of State, on October 22, 2024.

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

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

    Get updates from the U.S. Department of State at http://www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=va-I8YuKNK0

    MIL OSI Video

  • MIL-OSI: Melissa’s Cloud-Based DataGen API Provides On-Demand Access to Comprehensive Address, Consumer, and Business Data

    Source: GlobeNewswire (MIL-OSI)

    RANCHO SANTA MARGARITA, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Complete, accurate data is key to building and maintaining a business, but comprehensive customer and prospect data is imperative to gaining and holding a competitive edge. To help companies achieve this, Melissa has launched its Restful Service DataGen API, the most flexible, third-party data resource available for on-demand address, resident, consumer, property, and business data. When integrated with in-house data, this rich resource can considerably improve business analytics and deepen insights.

    “DataGen addresses the data inaccuracies that can plague an organization, challenging its ability to make timely and accurate decisions,” said Daniel Kha Le, Chief Data Officer, Melissa. “It’s a robust Restful Service API, providing seamless, real-time access to comprehensive demographic, firmographic, location intelligence, and property information that can be used to maximize the value of a company’s existing customer data.”

    Integrated as a single API, DataGen offers address details from 240+ countries and territories. Companies can quickly develop consumer profiles featuring a range of demographic attributes, including residential information such as length of residence, age ranges, new homeownership, or new movers. In-depth property details include data such as absentee ownership, mortgage data, and foreclosures. Similar data is available on businesses and business contacts.

    DataGen provides users with counts, sample records, and comprehensive datasets. Once a user sets their preferred parameters, they can stream and access a list of contacts, addresses, businesses, or other data in real time. Users are in control of data received, using filters such as city and state, ZIP codes, polygons, or neighborhoods. Once record counts are established, users can further filter without having to pay for data that is not needed. Sample data is returned so results can be previewed; once purchased, data is streamed as a paginated result in JSON format.

    Click here to access an on-demand webinar demonstrating how Melissa’s Restful Service DataGen API provides access to high-quality third-party data useful for advanced data modeling, target marketing, and customer personalization using SQL Server or other RDBMS technologies. Click here for more information or to request a license key to access DataGen, 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 http://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

  • MIL-OSI: RTI Joins the Common Vulnerabilities and Exposures (CVE®) Program as a CVE Numbering Authority (CNA)

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, has become the first DDS vendor to be named as a CNA by the CVE® Program. This designation showcases RTI’s commitment to system integrity by identifying vulnerabilities early, offering enhanced protection for customers. RTI will continue to adopt best cybersecurity practices which includes a secure coding standard, static and dynamic analysis tools, and extended endurance testing to improve systems across industries such as defense, medical, and automotive.

    RTI Connext®, based on the Data Distribution Service (DDS™) standard, is the trusted industry solution that delivers reliability, security, and real-time performance essential for highly distributed autonomous systems. As a CNA, RTI has established a vulnerability management and notification process to monitor and notify customers of any known vulnerabilities that may affect systems using RTI software. The goal is to ensure that Connext users receive the information needed to properly assess their impact, through well established mechanisms, and that solutions are provided in a timely manner.

    “By enhancing our visibility and control over the CVE publication process, we reaffirm our commitment to delivering top-notch cybersecurity for our customers,” said David Barnett, VP of Products and Markets at RTI. “This initiative will streamline our disclosure process, making it easier for users to access crucial information about vulnerabilities through a trusted, recognized platform. Our priority is ensuring the security of our customers’ systems, and we are committed to providing the best solutions to protect them against evolving threats.”

    CVE is an international initiative that relies on the community to identify and catalog publicly disclosed cybersecurity vulnerabilities. Once discovered, vulnerabilities are assigned and published in the CVE List. CNAs are organizations responsible for the regular assignment of CVE IDs to vulnerabilities, and for creating and publishing information about the risk in the associated CVE Record.

    Securing autonomous and intelligent systems requires constant and careful architecting of the entire framework. RTI enables customers to design robust, reliable systems that safeguard without sacrificing real-time performance. Whether it is a large application running on powerful hardware or an embedded application running on a resource-constrained device, RTI has the industry-leading security solutions for intelligent distributed systems.

    For more information about RTI’s approach to vulnerability detection and management, please visit the policy page. To learn more about RTI’s security offerings, please visit our website.

    About RTI
    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 250 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 400 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: http://www.rti.com/downloads

    The MIL Network

  • MIL-OSI: American Medical Association Approves Groundbreaking New CPT Codes for Totally Implantable Active Middle Ear Hearing Implants Opening New Opportunities for Envoy Medical’s Esteem® Device

    Source: GlobeNewswire (MIL-OSI)

    The Esteem® device is the only totally implantable active middle ear implant with FDA Approval, allowing the Company to be the first to capitalize on the new codes

    WHITE BEAR LAKE, Minnesota, Oct. 22, 2024 (GLOBE NEWSWIRE) — Envoy Medical, Inc. (NASDAQ: COCH), a market leader in fully implanted hearing devices, today announced that the American Medical Association (AMA) Current Procedural Terminology (CPT) Editorial Panel has approved five Category III CPT codes for totally implantable active middle ear implants (AMEI), a crucial development for the Company’s already FDA-approved Esteem® product.

    This marks the first time that there will be CPT codes for totally implantable active middle ear hearing implants like the Esteem® device. The previous lack of CPT codes effectively limited market adoption of and prevented access to these groundbreaking, fully implanted hearing devices. With a new set of CPT codes, a path to reimbursement for the breakthrough Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI) may begin to take shape.

    CPT codes are used by healthcare professionals and insurers to identify, track, and pay for medical services and procedures. If a medical service or procedure does not have coding, insurance reimbursement can be challenging.

    “Today’s announcement is a seminal moment for Envoy Medical and one that we will work to capitalize on for patients suffering with hearing loss who want access to groundbreaking technologies,” said Brent Lucas, CEO of Envoy Medical, “We have a breakthrough hearing device in our Esteem® fully implanted active middle ear implant. We know it is a device more people with hearing loss want to pursue. Today brings us one step closer to altering the hearing healthcare landscape by providing hearing loss patients with another viable solution.”

    Category III CPT codes are temporary codes for emerging technologies, services, and procedures. The inclusion of a descriptor and its associated code number in the CPT code set does not represent endorsement by the American Medical Association of any particular diagnostic or therapeutic procedure/service. Inclusion or exclusion of a procedure/service does not imply any health insurance coverage or reimbursement policy.

    “The Esteem® product is a viable hearing solution for the right candidate and we look forward to reinvigorating our efforts around this product now that the codes have been approved,” continued Lucas. “We have some exciting ideas about improvements to the Esteem® device and look forward to furthering our lead in fully implanted hearing technologies. We will continue to act as a disrupter and push the industry forward, which we believe will lead to more innovation and meaningful change.”

    Category III codes that were approved at the September 2024 meeting (found here) will be posted to the AMA CPT website by January 1, 2025 with an effective implementation date of July 1, 2025.

    About the Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI)

    The Esteem fully implanted active middle ear implant (FI-AMEI) is the only FDA-approved, fully implanted* hearing device for adults diagnosed with moderate to severe sensorineural hearing loss allowing for 24/7 hearing capability using the ear’s natural anatomy. The Esteem FI-AMEI hearing implant is invisible and requires no externally worn components and nothing is placed in the ear canal for it to function. Unlike hearing aids, you never put it on or take it off. You can’t lose it. You don’t clean it. The Esteem FI-AMEI hearing implant offers true 24/7 hearing.

    *Once activated, the external Esteem FI-AMEI Personal Programmer is not required for daily use.

    Important safety information for the Esteem FI-AMEI can be found at: https://www.envoymedical.com/safety-information.

    About the Fully Implanted Acclaim® Cochlear Implant

    We believe the fully implanted Acclaim Cochlear Implant (“Acclaim CI”) will be a first-of-its-kind fully implanted cochlear implant. Envoy Medical’s fully implanted technology includes a sensor designed to leverage the natural anatomy of the ear instead of a microphone to capture sound.

    The Acclaim CI is designed to address severe to profound sensorineural hearing loss that is not adequately addressed by hearing aids. The Acclaim CI is expected to be indicated for adults who have been deemed adequate candidates by a qualified physician.

    The Acclaim Cochlear Implant received the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) in 2019. We believe the Acclaim CI was the first hearing-focused device to receive Breakthrough Device Designation.

    CAUTION The fully implanted Acclaim Cochlear Implant is an investigational device. Limited by Federal (or United States) law to investigational use.

    Additional Information and Where to Find It

    Copies of the documents filed by Envoy Medical with the SEC may be obtained free of charge at the SEC’s website at http://www.sec.gov.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-Looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Such statements may include, but are not limited to, statements regarding the expectations of Envoy Medical concerning the outlook for its business, productivity, plans and goals for future operational improvements and capital investments; the future market trading performance of our Class A Common Stock; the future size of the market for our products; the performance and benefits of our products in comparison to competitor products; the benefits of intellectual property developed by Envoy; the impact of CPT codes for active middle ear hearing devices on reimbursement for our on the hearing health market, reimbursement for the Esteem FI-AMEI device, the further development of the Esteem FI-AMEI device, and the Envoy Medical business; and future market conditions or economic performance, as well as any information concerning possible or assumed future operations of Envoy Medical. The forward-looking statements contained in this press release reflect Envoy Medical’s current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause its actual results to differ significantly from those expressed in any forward-looking statement. Envoy Medical does not guarantee that the events described will happen as described (or that they will happen at all). These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to changes in the market price of shares of Envoy Medical’s Class A Common Stock; changes in or removal of Envoy Medical’s shares inclusion in any index; Envoy Medical’s success in retaining or recruiting, or changes required in, its officers, key employees or directors; unpredictability in the medical device industry, the regulatory process to approve medical devices, and the clinical development process of Envoy Medical products; competition in the medical device industry, and the failure to introduce new products and services in a timely manner or at competitive prices to compete successfully against competitors; disruptions in relationships with Envoy Medical’s suppliers, or disruptions in Envoy Medical’s own production capabilities for some of the key components and materials of its products; changes in the need for capital and the availability of financing and capital to fund these needs; changes in interest rates or rates of inflation; legal, regulatory and other proceedings could be costly and time-consuming to defend; changes in applicable laws or regulations, or the application thereof on Envoy Medical; a loss of any of Envoy Medical’s key intellectual property rights or failure to adequately protect intellectual property rights; the effects of catastrophic events, including war, terrorism and other international conflicts; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward Looking Statements” in the Annual Report on Form 10-K filed by Envoy Medical on April 1, 2024, and in other reports Envoy Medical files, with the SEC. If any of these risks materialize or Envoy Medical’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While forward-looking statements reflect Envoy Medical’s good faith beliefs, they are not guarantees of future performance. Envoy Medical disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Envoy Medical. 

    ###

    Investor Contact:
    CORE IR
    516-222-2560
    investorrelations@envoymedical.com

    The MIL Network

  • MIL-OSI: Auburn National Bancorporation, Inc. Reports Third Quarter Net Earnings

    Source: GlobeNewswire (MIL-OSI)

    Third Quarter 2024 Highlights:

    • Return on Assets (annualized) improved to 0.71%, compared to 0.58% in 3Q 2023
    • Net interest margin (tax-equivalent) of 3.05%, compared to 2.73% in 3Q 2023
    • Net interest income (tax-equivalent) was $6.8 million, an increase of 7% compared to 3Q 2023
    • Average loans were $571.7 million, an increase of 8% compared to 3Q 2023
    • Loan to deposit ratio increased to 62.7% at period end from 56.6% at September 30, 2023
    • Tangible common equity (“TCE”) to total assets improved to 8.52%, compared to 5.96% at September 30, 2023

    AUBURN, Ala., Oct. 22, 2024 (GLOBE NEWSWIRE) — Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $1.7 million, or $0.50 per share, for the third quarter of 2024, compared to $1.7 million, or $0.50 per share, for the second quarter of 2024, and $1.5 million, or $0.43 per share, for the third quarter of 2023. Net earnings were $4.8 million, or $1.38 per share, for the first nine months of 2024, compared to $5.4 million, or $1.54 per share, for the first nine months of 2023.

    “Our third quarter and year to date results benefited from the balance sheet repositioning we completed in the fourth quarter of 2023. This, combined with loan growth during 2024, have improved the Company’s net interest income and margin in the third quarter when compared to the same quarter last year,” said David A. Hedges, President and CEO. “Along with improvements in our balance sheet, we continue to look for opportunities to grow and increase our efficiency. After careful consideration of our customers and the close proximity to our other locations in Auburn, we are closing our Corner Village branch by year end, which should provide additional cost savings beginning in 2025,” continued Mr. Hedges.

    Net interest income (tax-equivalent) was $6.8 million in the third quarter of 2024, compared to $6.7 million in the second quarter of 2024, and $6.4 million in the third quarter of 2023.

    Net interest margin (tax-equivalent) was 3.05% in the third quarter of 2024, compared to 3.06% in the second quarter of 2024, and 2.73% in the third quarter of 2023. The increase compared to the third quarter of 2023 was primarily due to loan growth, a more favorable asset mix, and improvements in our yield on interest-earning assets, which outpaced increases in the cost of our interest-bearing deposits. Average loans for the third quarter of 2024 were $571.7 million, an increase of 8% from the third quarter of 2023.

    Mr. Hedges continued, “Although we experienced solid loan growth compared to the same time last year, we had approximately $14.9 million in loan payoffs during the latest quarter related to one borrowing relationship. The proceeds from the loan payoffs allowed us to repay $15.0 million of high-cost non-core funding.”

    Nonperforming assets were $0.8 million, or 0.08% of total assets, at September 30, 2024 and June 30, 2024, respectively, compared to $1.2 million, or 0.12% of total assets, at September 30, 2023.

    The Company recorded a negative provision for credit losses of $0.1 million in both the third and second quarters of 2024, compared to a provision for credit losses of $0.1 million in the third quarter of 2023. In the most recent quarter, the payoff of one loan relationship contributed to the negative provision.

    At September 30, 2024, the Company’s allowance for credit losses was $6.9 million, or 1.22% of total loans, compared to $7.1 million, or 1.24% of total loans, at June 30, 2024, and $6.8 million, or 1.24% of total loans, at September 30, 2023.

    Noninterest income was $0.8 million for the third quarter of 2024, compared to $0.9 million for the second quarter of 2024, and $0.9 million in the third quarter of 2023.

    Noninterest expense was $5.5 million for each of the third and second quarters of 2024, and $5.4 million the third quarter of 2023. The increase from the third quarter of 2023 was primarily related to an increase in salaries and benefits, partially offset by decreases in net occupancy and equipment expense and other noninterest expense.

    Total assets were $990.1 million at September 30, 2024, compared to $1.0 billion at June 30, 2024 and September 30, 2023, respectively. Loans, net of unearned income were $565.7 million at September 30, 2024, compared to $578.1 million at June 30, 2024 and $545.6 million at September 30, 2023. The decrease in loans, compared to June 30, 2024, was primarily related to the payoff of the $14.9 million relationship in the latest quarter. The increase in loans since September 30, 2023 primarily reflects growth in the commercial real estate and construction and land development loan categories. Total deposits were $901.7 million at September 30, 2024, compared to $946.4 million at June 30, 2024, and $964.6 million at September 30, 2023. The decrease in deposits compared to June 30, 2024 was primarily related to an increase in reciprocal customer deposits sold through Intrafi’s one-way sell program and the repayment of $15.0 million in time deposits held by the State of Alabama. At September 30, 2024 the Company sold $37.8 million of reciprocal deposits, compared to none at June 30, 2024 and September 30, 2023.

    At September 30, 2024, the Company’s consolidated stockholders’ equity (book value) was $84.3 million or $24.14 per share, compared to $75.2 million, or $21.53 per share, at June 30, 2024, and $61.5 million, or $17.59 per share, at September 30, 2023. The increase from June 30, 2024 was primarily driven by other comprehensive income of $8.3 million due to lower market interest rates that led to a decrease in unrealized losses on securities available-for-sale, net of tax, plus net earnings of $1.7 million. These increases in stockholders’ equity were partially offset by cash dividends paid of $0.9 million. Unrealized losses do not affect the Bank’s capital for regulatory capital purposes.

    The Company’s tangible common equity (“TCE”) ratio or total equity to total assets ratio was 8.52% at September 30, 2024, compared to 7.34% at June 30, 2024, and 5.96% at September 30, 2023. The TCE ratio increased compared to June 30, 2024 primarily due to increases in the fair value of the Company’s available-for-sale securities and a smaller balance sheet. All of the Company’s marketable securities are classified as available-for-sale. Therefore, any changes in the fair value of the Company’s securities portfolio are reflected in total equity, net of tax, under generally accepted accounting principles.

    The Company paid cash dividends of $0.27 per share in the third quarter of 2024. At September 30, 2024, the Bank’s regulatory capital ratios were well above the minimum amounts required to be “well capitalized” under current regulatory standards.

    About Auburn National Bancorporation, Inc.

    Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $990.1 million. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System, which has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank currently operates eight full-service branches in Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also operates a loan production office in Phenix City, Alabama. Additional information about the Company and the Bank may be found by visiting http://www.auburnbank.com.

    Cautionary Notice Regarding Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, including, without limitation, statements about future financial and operating results, costs and revenues, the continuing effects of the COVID-19 pandemic and related government, Federal Reserve monetary and regulatory actions, including the remaining effects of pandemic-related economic stimulus and economic conditions generally and in our markets, loan demand, mortgage lending activity, changes in the mix of our earning assets (including those generating tax exempt income or tax credits) and our mix and cost of deposits and wholesale liabilities, net interest income and margin, yields on earning assets, the market values and performance of securities held, effects of inflation, including Federal Reserve monetary policies which were tightened in response to inflation beginning in 2022 through increases in the target federal funds rate and reductions in the Federal Reserve’s Treasury and mortgage-backed securities holdings, and more recent changes to increase reinvestment of maturing Treasury securities beginning in June 2024 and a mid-September 2024 reduction in the target federal funds rate by 50 basis points to 4.75-5.00%, interest rates (generally and those applicable to our assets and liabilities) and changes in our asset values, especially investment securities, as a result of monetary policies and interest rate changes, noninterest income, loan performance, loan deferrals and modifications, nonperforming assets, other real estate owned, provision for credit losses, including the continuing effects of the application of the new CECL accounting standard adopted on January 1, 2023 and our CECL models, including possible adjustments to the fair values of securities available for sale in lieu of other-than-temporary impairments, charge-offs, collateral values, credit quality, asset sales, insurance claims, and market trends, as well as statements with respect to our objectives, expectations and intentions and other statements that are not historical facts. Actual results may differ from those set forth in the forward-looking statements.

    Forward-looking statements, with respect to our beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions, involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, achievements, or financial condition of the Company or the Bank to be materially different from future results, performance, achievements, or financial condition expressed or implied by such forward-looking statements. You should not expect us to update any forward-looking statements.

    All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, together with those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2023 and otherwise in our other SEC reports and filings.

    Explanation of Certain Unaudited Non-GAAP Financial Measures

    This press release contains financial information determined by methods other than U.S. generally accepted accounting principles (“GAAP”). The attached financial highlights include certain designated net interest income amounts presented on a tax-equivalent basis, a non-GAAP financial measure, and the presentation and calculation of the efficiency ratio, a non-GAAP measure. Management uses these non-GAAP financial measures in its analysis of the Company’s performance and believes the presentation of net interest income on a tax-equivalent basis provides comparability of net interest income from both taxable and tax-exempt sources and facilitates comparability within the industry. Similarly, the efficiency ratio is a common measure that facilitates comparability with other financial institutions. Although the Company believes these non-GAAP financial measures enhance investors’ understanding of its business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP. Along with the attached financial highlights, the Company provides reconciliations between the GAAP financial measures and these non-GAAP financial measures.

    For additional information, contact:
    David A. Hedges
    President and CEO
    (334) 821-9200

    Financial Highlights (unaudited)

                      
         Quarters Ended   Nine months ended
    (Dollars in thousands, except per share amounts)   September 30, 2024   June 30, 2024   September 30, 2023   September 30, 2024   September 30, 2023
    Results of Operations                                  
    Net interest income (a) $ 6,811     $ 6,728     $ 6,380     $ 20,216     $ 20,591  
    Less: tax-equivalent adjustment   21       19       108       60       322  
      Net interest income (GAAP)   6,790       6,709       6,272       20,156       20,269  
    Noninterest income   846       896       865       2,629       2,448  
      Total revenue   7,636       7,605       7,137       22,785       22,717  
    Provision for credit losses   (127 )     (123     105       84       (191 )
    Noninterest expense   5,500       5,519       5,362       16,694       16,791  
    Income tax expense   531       475       182       1,170       737  
    Net earnings $ 1,732     $ 1,734     $ 1,488     $ 4,837     $ 5,380  
                                             
    Per share data:                                  
    Basic and diluted net earnings: $ 0.50     $ 0.50     $ 0.43     $ 1.38     $ 1.54  
    Cash dividends declared $ 0.27     $ 0.27     $ 0.27     $ 0.81     $ 0.81  
    Weighted average shares outstanding:                                  
      Basic and diluted   3,493,699       3,493,699       3,496,411       3,493,687       3,499,518  
    Shares outstanding, at period end   3,493,699       3,493,699       3,493,614       3,493,699       3,493,614  
    Book value $ 24.14     $ 21.53     $ 17.59     $ 24.14     $ 17.59  
    Common stock price:                                  
      High $ 24.35     $ 19.25     $ 22.80     $ 24.35     $ 24.50  
      Low   17.50       16.63       20.85       16.63       18.80  
      Period-end:   22.90       18.29       21.50       22.90       21.50  
        To earnings ratio (c)   91.60  x     101.61 x     7.65 x     91.60 x     7.65  
        To book value   95  %     85 %     122 %     95 %     122  
    Performance ratios:                                  
    Return on average equity (annualized)   9.10  %     9.63 %     8.59 %     8.59 %     10.15  
    Return on average assets (annualized)   0.71  %     0.71 %     0.58 %     0.66 %     0.70  
    Dividend payout ratio   54.00  %     54.00 %     62.79 %     58.70 %     52.60  
    Other financial data:                                  
    Net interest margin (a)   3.05  %     3.06 %     2.73 %     3.05 %     2.97  
    Effective income tax rate   23.46  %     21.50 %     10.90 %     19.48 %     12.05  
    Efficiency ratio (b)   71.83  %     72.39 %     74.01 %     73.08 %     72.88  
    Asset Quality:                                  
    Nonperforming assets:                                  
      Nonperforming (nonaccrual) loans $ 775     $ 794     $ 1,213     $ 775     $ 1,213  
        Total nonperforming assets $ 775     $ 794     $ 1,213     $ 775     $ 1,213  
                                             
    Net charge-offs (recoveries) $ 60     $ 9     $ 14     $ 2     $ (127 )
                                             
    Allowance for credit losses as a % of:                                  
      Loans   1.22  %     1.24 %     1.24 %     1.22 %     1.24  
      Nonperforming loans   887  %     899 %     559 %     887 %     559  
    Nonperforming assets as a % of:                                  
      Loans and other real estate owned   0.14  %     0.14 %     0.22 %     0.14 %     0.22  
      Total assets   0.08  %     0.08 %     0.12 %     0.08 %     0.12  
    Nonperforming loans                                  
      as a % of total loans   0.14  %     0.14 %     0.22 %     0.14 %     0.22  
    Annualized net charge-offs (recoveries)                                  
       as a % of average loans   0.04  %     0.01 %     0.01 %     —  %     (0.03 )
    Selected average balances:                                  
    Securities $ 251,723     $ 258,228     $ 390,772     $ 259,158     $ 398,751  
    Loans, net of unearned income   571,651       573,443       529,382       568,628       514,635  
    Total assets   982,656       978,107       1,020,980       979,243       1,022,257  
    Total deposits   904,860       900,673       942,533       900,876       944,471  
    Total stockholders’ equity $ 76,113     $ 72,059     $ 69,269     $ 75,044     $ 70,659  
    Selected period end balances:                                  
    Securities $ 258,285     $ 254,359     $ 373,286     $ 258,285     $ 373,286  
    Loans, net of unearned income   565,699       578,068       545,610       565,699       545,610  
    Allowance for credit losses   6,876       7,142       6,778       6,876       6,778  
    Total assets   990,143       1,025,054       1,030,724       990,143       1,030,724  
    Total deposits   901,724       946,405       964,602       901,724       964,602  
    Total stockholders’ equity $ 84,336     $ 75,209     $ 61,451     $ 84,336     $ 61,451  
                                             
    (a) Tax equivalent. See “Explanation of Certain Unaudited Non-GAAP Financial Measures” and “Reconciliation of GAAP
      to non-GAAP Measures (unaudited).”
    (b) Efficiency ratio is the result of noninterest expense divided by the sum of noninterest income and tax-equivalent
      net interest income. See “Reconciliation of GAAP to non-GAAP Measures (unaudited)” below.
    (c) Calculated by dividing period end share price by earnings per share for the previous four quarters.
     
     

    Reconciliation of GAAP to non-GAAP Measures (unaudited):

                 
        Quarters Ended   Nine months ended
    (Dollars in thousands, except per share amounts)   September 30, 2024   June 30, 2024   September 30, 2023     September 30, 2024   September 30, 2023  
    Net interest income, as reported (GAAP) $ 6,790   $ 6,709   $ 6,272   $ 20,156   $ 20,269  
    Tax-equivalent adjustment   21     19     108     60     322  
    Net interest income (tax-equivalent) $ 6,811   $ 6,728   $ 6,380   $ 20,216   $ 20,591  

    The MIL Network

  • MIL-OSI: KLAS Research Recognizes Proscia For Improving Patient Outcomes

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) — Proscia®, a global leader in AI-enabled pathology solutions for precision medicine, was named to KLAS Research’s 2024 Emerging Solutions Top 20 list of technologies best positioned to impact the Quadruple Aim of Healthcare. Its Concentriq® software platform was selected by healthcare leaders across the United States for improving patient outcomes. Awardees were celebrated at the HLTH USA event in Las Vegas, Nevada.

    “The 2024 Emerging Solutions Top 20 winners are truly disrupting the market with their innovative solutions,” said Adam Gale, CEO of KLAS. “These companies are demonstrating exceptional creativity and effectiveness in taking on some of healthcare’s biggest challenges. In many cases, they are not just keeping pace with the rapid changes in technology; they are setting the standard for excellence and driving the industry forward. We are excited to see how these solutions will continue to evolve and impact the healthcare industry.”

    KLAS enlisted 49 healthcare leaders to rank emerging solutions based on their potential to impact each arm of the Quadruple Aim: improve outcomes, reduce the cost of care, improve patient experiences, and improve clinician experiences. The top 5 solutions with the greatest potential to impact each arm were listed as winners. Among the hundreds of solutions KLAS evaluated, only those that customers scored an 85 or higher based on KLAS’ proprietary methodology in Spotlight or First Look reports were eligible.

    “Labs worldwide feel the impact of rising diagnostic burden and a shortage of pathologists. Slow processes and limited access to analog pathology data contribute to this burden,” said Eder Lagemann, Research Director at KLAS in the June 2024 Emerging Company Spotlight on Concentriq. “To help ease this burden, Proscia offers Concentriq, an enterprise pathology platform that allows organizations to digitize their labs and adopt AI applications that help deliver more efficient results.”

    KLAS’ Spotlight on Concentriq reveals the majority of Proscia’s customers surveyed saw immediate benefits, and all such customers achieved outcomes within 6 months of deploying it. Impacts cited include improving turnaround times, attracting more talent, laying the foundation to adopt a broad range of AI applications, and creating a real-world data archive for fueling research and development. Customers are also impressed with both the level of support they receive and Proscia’s pathology expertise. Working with a trusted partner that offers a world-class software platform has led 100% of Proscia’s customers surveyed to say they would buy again.

    “We are rewiring pathology with software and AI to fuel the fight against humanity’s most challenging diseases, like cancer,” said David West, Proscia’s CEO. “KLAS’ recognition underscores our commitment to giving pathologists the great software they deserve to benefit them and their patients.”

    Read the full 2024 KLAS Emerging Solutions Top 20 report here.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 14 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and was the first to secure CE-IVDR certification to advance digital pathology primary diagnosis in the European Union. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    About KLAS
    KLAS has been providing accurate, honest, and impartial insights for the healthcare IT (HIT) industry since 1996. The KLAS mission is to improve the world’s healthcare by amplifying the voice of providers and payers. The scope of our research is constantly expanding to best fit market needs as technology becomes increasingly sophisticated. KLAS finds the hard-to-get HIT data by building strong relationships with our payer and provider friends in the industry. Follow KLAS on LinkedIn. Learn more at: klasresearch.com.

    Sydney Fenkell
    Head Of Marketing Communications
    215-816-3436
    sydney@proscia.com

    The MIL Network

  • MIL-OSI: Asset Entities Inc. is Pleased to Announce that it has Received an Extension from Nasdaq to Regain Compliance with Nasdaq Listing Rule 5550(b)

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that it had been granted an extension until February 17, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1).

    As previously disclosed, on August 21, 2024, the Company received a written notification from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum $2,500,000 stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b)(1) for continued listing on The Nasdaq Capital Market tier of Nasdaq. In accordance with Nasdaq rules, the Company was provided 45 calendar days, or until October 7, 2024, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1).

    On October 7, 2024, Asset Entities presented a strategic plan to the Nasdaq staff detailing both immediate and long-term strategies to regain compliance with the requirements outlined in Nasdaq Listing Rule 5550(b)(1). This comprehensive plan encompassed a series of decisive steps, including reducing operating costs and pursuing additional capital through various strategic financing options. The plan was crafted to meet Nasdaq’s immediate compliance requirements and to strengthen the Company’s overall financial position and operational efficiency.

    Following a recent submission of the Company’s plan to the Nasdaq staff, the Nasdaq staff issued an extension on October 17, 2024, granting Asset Entities until February 17, 2025, to demonstrate full compliance with Nasdaq Listing Rule 5550(b), which requires a minimum stockholders’ equity of $2,500,000.

    Asset Entities has taken steps to fully comply by aggressively working to improve its financial strength and operations. These efforts include ongoing cost reduction initiatives and raising additional capital for future acquisitions, including by utilizing its existing at-the-market offering, and expects to take further action so that Asset Entities can meet the $2,500,000 stockholders’ equity requirement by the February 17, 2025 deadline.

    Arshia Sarkhani, CEO of Asset Entities, stated: “We are encouraged by Nasdaq’s recognition of our efforts and the additional time granted to meet the equity requirement. Our team is committed to adhering to our plan and ensuring regulatory compliance. Our goal is to ensure that we can continue our expansion and further development of our Discord and social media services, and we are strongly encouraged by the significant increase in revenues over the last year, which we believe will continue to grow with the anticipated future acquisitions and new AE.360.DDM contracts.”

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

    About Asset Entities Inc.

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

    Important Cautions Regarding Forward-Looking Statements

    This press release contains forward-looking statements. In addition, from time to time, representatives of the Company may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from the information currently available to the Company. Such forward-looking statements relate to future events or the Company’s future performance, including its financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. Forward-looking statements can be identified by those statements that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors including those that are described in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

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

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

    The MIL Network

  • MIL-OSI Security: Gander — Gander RCMP investigates theft from Dominion in Gander, seeks public’s assistance

    Source: Royal Canadian Mounted Police

    On August 29, Gander RCMP received a report of a theft from Dominion in Gander. Surveillance video showed a woman stealing a cart full of grocery items with a suspected value of more than $900.00.

    Local efforts by Gander RCMP to identify the suspect have been exhausted. A picture of the woman is attached and the investigation is continuing.

    Anyone with any information about the identity of the woman pictured is asked to call Gander RCMP at 709-256-6841. To remain anonymous, contact Crime Stoppers at 1-800-222-TIPS (8477), visit http://www.nlcrimestoppers.com or use the P3Tips app. #SayItHere

    MIL Security OSI

  • MIL-OSI NGOs: MSF resumes activities in Darien Gap

    Source: Médecins Sans Frontières –

    Earlier this month, Médecins Sans Frontières (MSF) resumed activities at the Lajas Blancas migrant reception station in the province of Darién, in southern Panama. This comes after the authorities approved MSF teams to undertake a three-month medical response to help migrants crossing the Darién jungle, the only land route between South and North America, and the local community who have been affected by the crisis.

    “During the first two weeks of our activities, we saw that the health needs of those leaving the Darién jungle continue to be immense,” said Carlos Estrella, MSF project coordinator in Darién. “In 10 days, we carried out about 280 medical consultations in Lajas Blancas, including 72 patients with symptoms of mental distress.”

    MSF teams have also treated patients for diabetes, hypertension, and epilepsy, and provided contraceptives and consultations to pregnant women. The team has also seen and treated victims of sexual violence.

    Since 2022, MSF has witnessed the multiple health risks faced by people who cross the Darién Gap, the natural border between Colombia and Panama, on their way north to the United States and Canada. This has also had an impact on the local community, as health centres have been overwhelmed by the increase in consultations due to the high numbers of people in the area.

    Some 260,000 migrants have crossed the Darién so far this year, according to the latest figures released by the Panamanian migration authority.

    “This new collaboration will provide access to healthcare for people in extreme need,” Estrella said. “That is why we welcome this decision and are committed to continue working closely with the Panamanian Ministry of Health to provide comprehensive healthcare to people crossing the jungle and to the local community in the area.” 

    The MSF team in Darién includes doctors, nurses, psychologists, and social workers.

    Beyond Darién, MSF teams carry out medical and humanitarian activities to assist people on the move in different parts of the Americas, including in parts of Central America and Mexico. The teams constantly adapt to a changing migration route. Until the end of September 2024, MSF supported a response in Costa Rica focussed on migrants.

    MIL OSI NGO

  • MIL-OSI: Form 8.3 – [ECKOH PLC – 21 10 2024] – (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
    ECKOH 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
    21 OCTOBER 2024
    (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: 10p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 20,473,326 7.0460    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 20,473,326 7.0460    

    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
    10p ORDINARY SALE 151,565 42.415p

    (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: 22 OCTOBER 2024
    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 http://www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Tuttle Capital Management Launches European Aerospace and Defense Industry ETF

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) — via IBN — The Select STOXX Europe Aerospace & Defense ETF (the “Fund”) will start trading today. The Fund invests at least 80% of its total assets in the component securities of the STOXX® Europe Total Market Aerospace & Defense Index. The Fund will also invest, under normal circumstances, at least 80% of its net assets in exchange listed common stock or ADRs of companies based (headquartered) in Europe who derive at least 50% of their revenue from the manufacture, service, supply and distribution of aeronautical equipment, components, hardware, software or electronic systems; and equipment, systems, components, infrastructure support services, and hardware, software and electronics that directly support civil and military defense efforts.

    Visit the Select STOXX Europe Aerospace & Defense ETF here: http://www.select-funds.com
      
    Matthew Tuttle, CEO of Tuttle Capital Management (“TCM”), said in a news release that “given the global state of tensions, and the possibility that the US may pull back from European security commitments, we think there could be an investment edge in these names”.

    About Tuttle Capital Management

    TCM believes it is an industry leader in offering thematic ETFs and first of their kind ETFs Please visit http://www.tuttlecap.com for more information about TCM.

    The STOXX Europe Total Market Aerospace & Defense Index is intellectual property (including registered trademarks) of STOXX Ltd., Zug, Switzerland (“STOXX”), Deutsche Börse Group or their licensors, which is used under license. The Select STOXX Europe Aerospace & Defense ETF is neither sponsored nor promoted, distributed, or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX. Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions, or interruptions in the STOXX Europe Total Market Aerospace & Defense Index or its data.

    An investor should consider the objectives, risks, and charges and expenses of the Select STOXX Europe Aerospace & Defense ETF (the “Fund”) before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available above or by calling Shareholder Services at 1-800-773-3863. The prospectus should be read carefully before investing. Current and future holdings are subject to change and risk.

    An investment in the Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Investment in the Fund is also subject to the following risks:

    Equity Securities Risk: Investments in equity securities may fluctuate in value response to many factors, including general market and economic conditions, interest rates, and specific industry changes.

    Non-Diversification Risk: The fund may invest a larger portion of its assets in a limited number of companies than a diversified fund. Because a relatively high percentage of the Fund’s assets may be invested in the securities of a limited number of companies that could be in the same or related economic sectors, the Fund’s portfolio may be more susceptible to any single economic, technological, or regulatory occurrence than the portfolio of a diversified fund.

    Aerospace and Defense Sector Risk: The aerospace and defense sectors can be significantly affected by government regulation and spending policies because companies involved in these sectors rely, to a significant extent, on government demand for their products and services. 

    Foreign Securities Risk: The Fund could be subject to greater risks because the Fund’s performance may depend on issues other than the performance of a particular company or U.S. market sector. Changes in foreign economies and political climates are more likely to affect the Fund than a fund that invests exclusively in U.S. companies.

    Limited History of Operations Risk: The Fund has a limited history of operations. Accordingly, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.

    Passive Investment Risk: The Fund is not actively managed and, therefore, would not sell an equity security due to current or projected underperformance of such security, industry, or sector, unless that security is removed from the Index.

    While the shares of the Fund are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade more like stocks, are subject to investment risks, fluctuate in market value, and may trade at prices above or below the ETF’s net asset value. More information about these risks can be found in the Fund’s prospectus.

    The Select STOXX Europe Aerospace & Defense ETF is distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 100 E. Six Forks Road, Raleigh, North Carolina 27609. There is no affiliation between Tuttle Capital Management, LLC, including their principals, and Capital Investment Group, Inc. RCSTOX1024001

    Contact:
    mtuttle@tuttlecap.com
    Wire Service Contact:
    IBN
    Los Angeles, California
    http://www.InvestorBrandNetwork.com
    310.299.1717 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network

  • MIL-OSI: Form 8.3 – Learning Technologies Group Plc

    Source: GlobeNewswire (MIL-OSI)

    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: Rathbones Group Plc
    (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.
     
    (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:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    21/10/2024
    (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”
    No

    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 Ord
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 30,648,547 3.86%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    30,648,547 3.86%    

    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 Shares Sale 3,312 92.9612p
    0.375p Ordinary Shares Sale 4,735 92.31p
    0.375p Ordinary Shares Sale 49,277 92.35p

    (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
             

    (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
                   

    (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)
    0.375p Ordinary Shares Internal transfer from Execution-Only to Discretionary account 8,570  
    0.375p Ordinary Shares Internal transfer from Execution-Only to Discretionary account 4,020  

    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: 22/10/2024
    Contact name: Chinwe Enyi – Compliance Department
    Telephone number: 0151 243 7053

    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.

    The MIL Network

  • MIL-OSI: Employ Recruiter Nation Report 2024 Uncovers Data and Insights that Can Help Recruiters Prioritize a People-First Approach to Hiring

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) — Employ Inc., a leading provider of people-first recruiting and talent acquisition solutions including JazzHRLeverJobvite and NXTThing RPO, today announced the release of the Employ Recruiter Nation Report 2024.

    The annual report, this year titled “Empowering People-First Recruiting,” leverages findings from a survey of more than 1,200 talent acquisition decision makers and recruiters in North America and proprietary recruiting data from 22,000+ Employ customers. The report provides key insights into the current state of talent acquisition, top challenges, and where future investments should be made to scale recruiting efforts and influence outcomes.

    The most significant challenges recruiters face today were shared by one-third of respondents: competition for talent from other employers (37 percent in 2024 versus 30 percent in 2023), not enough people to fill open positions (33 percent in 2024 versus 3 percent in 2023), and too many candidates applying for open positions (26 percent in 2024 versus 24 percent in 2023).

    TA decision-makers also indicated not being able to offer remote or hybrid work (22 percent), poor communication from candidates in the hiring process (21 percent), and not being able to compete on salary requirements (20 percent) as top challenges their companies face when hiring.

    “Businesses have responded to market challenges through strategic investments made to enhance hiring processes and focus on flexibility, scalability and speed,” said Steve Cox, CEO of Employ. “Employ data shows that 64 percent of businesses expect to increase their recruiting budgets in the next 12 months, with 64 percent of that group expected to increase investments in new recruitment technology processes specifically.”

    Cox added, “The challenge is not only finding candidates fast but also finding qualified candidates and meeting them where they are. Whether you’re exploring the use of AI or improving your reporting capabilities, putting candidates and their needs at the center of your hiring process will be critical. When choosing where to invest, look for a solution that solves current and evolving needs and also one that puts people first.”

    The report also revealed:

    • Time to fill roles has dropped by seven days (41 in 2024, down from 48 in 2023).
    • Forty-seven percent of TA leaders focused on a faster hiring process overall in 2024 compared to 42 percent in 2023, followed by incorporating AI-powered technologies, which made a 10 percent jump to 44 percent compared to 34 percent in 2023, and increasing salaries for new open jobs (41 percent in 2024 versus 40 percent in 2023).
    • Sixty-three percent of recruiters and TA decision-makers already use AI to augment their current recruitment technology, up from 58 percent last year. Similarly, 89 percent of this group are using AI frequently or very frequently—an increase of 7 percent from last year’s 82 percent.
    • To further support the traction AI-powered recruiting tools are gaining, 71 percent plan to increase their budgets in that area, up 12 percent from 2023. The next ranking area, candidate relationship management, came in at 46 percent, followed by applicant tracking systems (44 percent), diversity, equity, and inclusion initiatives (41 percent), and sourcing (40 percent).
    • Job boards increased as the most effective channel in growing employer brand in 2024, with a 12 percent increase over last year taking it to 67 percent. Social media also saw a relevant increase of 7 percent (up to 54 percent). Employee referrals and career websites tied for third at 35 percent, while internal hires fell 13 percent to 22 percent.
    • A growing number of organizations are expected to move to a 100 percent in-office model—34 percent in 2024 compared to 17 percent in 2023, bringing fully remote policies to 9 percent versus 27 percent last year.

    “Hearts and minds are won and lost in the acquisition process,” said Stephanie Manzelli, CHRO of Employ. “That’s why a people-first experience is so essential. Giving talent acquisition teams more time to focus on building employer brand and cultivating relationships with candidates will positively impact both short- and long-term business results.”

    To read more about additional challenges and opportunities for TA leaders and an outlook for 2025, download “Empowering People-First Recruiting” here.   

    To learn more about Employ Inc. and its solutions, please visit http://www.employinc.com.

    About Employ Inc.
    Employ Inc. provides people-first recruiting solutions that empower companies to overcome their greatest hiring challenges. Serving SMBs to global enterprises, Employ focuses on the unique recruiting needs of each organization — from foundational hiring to sophisticated talent acquisition. Employ is the only organization to offer companies choice in their hiring solutions, providing a curated set of recruiting technologies and services. Together, Employ and its solutions (JazzHR, Lever, Jobvite and NXTThing RPO) serve more than 22,000 customers across multiple industries. For more information, visit http://www.employinc.com.

    The MIL Network

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC – 21 10 2024] – (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
    KEYWORDS STUDIOS 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
    21 OCTOBER 2024
    (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: 1,340,469 1.6645    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,340,469 1.6645    

    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 545 2445p
    1p ORDINARY SALE 4,025 2445.0002p

    (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: 22 OCTOBER 2024
    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 http://www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Cangrade Launches Jules for Self-Discovery—Your Free, Personalized AI Life Coach

    Source: GlobeNewswire (MIL-OSI)

    WATERTOWN, Mass., Oct. 22, 2024 (GLOBE NEWSWIRE) — Cangrade today introduced Jules for self-discovery—a new, breakthrough feature that empowers anyone with a growth mindset and a desire for self-improvement to find their purpose and direction. Serving as your own, free-to-use, generative AI-powered career and life coach, Jules for self-discovery can help individuals navigate challenges, uncover personal insights, and reach their goals based on their unique personality intelligence.

    While AI-backed self-reflection and personality assessment tools exist, current solutions lack the breadth of personal data required for true self-discovery. Additionally, human life coaches can be hard to access, time- and resource-intensive, and specialize in different areas. Jules for self-discovery can solve these challenges by measuring 50 unique personality traits and building contextual awareness to uncover not only what drives you, but where you want to go.

    Some questions Jules Self-Discovery can shed light on include:

    • What skills do I need to work on to get a promotion?
    • How can I set better boundaries?
    • How can I stop comparing myself to others on social media and focus on my journey?
    • I’m procrastinating on a project, how can I get motivated?
    • What role should I take on next in my career?

    “Understanding and being true to ourselves can lead to massive shifts in our personal and professional lives, but as humans, we often need outside sources to make sense of this information,” said Gershon Goren, Founder and CEO, Cangrade. “Jules goes beyond simple personality quizzes and generalized insights, giving you highly personalized, actionable strategies to help you up-level your life and career. In just 15 minutes, you can start making real moves to get a promotion, improve your sleep schedule, navigate difficult conversations, and beyond.”

    Jules for self-discovery is the natural progression of Jules, the company’s AI Copilot for Human Resources (HR), announced last month. Unlike the initial offering, which focuses on helping HR professionals make more strategic, data-backed talent decisions, Jules for self-discovery is for anyone interested in navigating and accelerating their personal and professional life.

    To start enhancing your career and life today, get started with Jules. For more information about Cangrade’s AI-powered, bias-free hiring and talent management solutions, visit http://www.cangrade.com.

    About Cangrade
    For HR leaders, Cangrade is the bias-free, AI-powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit http://www.cangrade.com.

    Media Contact:
    Gina Devine
    Public Relations
    press@cangrade.com

    The MIL Network

  • MIL-OSI: Sophos Appoints Torjus Gylstorff as Sophos’ Chief Revenue Officer and Jon Bove as Sophos’ Senior Vice President of Americas Sales

    Source: GlobeNewswire (MIL-OSI)

    OXFORD, United Kingdom, Oct. 22, 2024 (GLOBE NEWSWIRE) — Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Torjus Gylstorff has joined the company as chief revenue officer (CRO). Sophos has also appointed Jon Bove senior vice president of Americas sales. Sophos hired Gylstorff and Bove, two key industry executives, to further accelerate sales of Sophos’ portfolio of cybersecurity services and products, including Managed Detection and Response (MDR) services and endpoint, network, email, and cloud security.

    Gylstorff is responsible for driving revenue growth through effective leadership of Sophos’ global sales organization and partner and customer networks. This includes expanding Sophos’ presence beyond its already strong customer base of more than 600,000 organizations worldwide in the small and mid-sized business market. Gylstorff will also leverage his skills in the channel to develop strategies that strengthen and drive additional business with existing and new Managed Service Providers (MSPs).

    Gylstorff has more than 25 years of experience in sales, channels and business development across the technology and cybersecurity sectors, leading worldwide sales teams and building global channel ecosystems. Prior to joining Sophos, Gylstorff was the worldwide sales leader for Thales’ Application and Data Security Business. Prior to Thales, he was vice president of Worldwide Channels and Alliances at Symantec. Before that, Gylstorff led emerging business initiatives at Blue Coat Systems and managed major turnarounds in Japan and South Korea. His career includes significant tenures at Norman Shark, IBM and Lotus Software, where he held various senior sales and leadership positions across Europe. 

    As senior vice president of Americas sales for Sophos, Bove is working closely with the company’s extensive partner network in North America and Latin America to develop new revenue streams and ensure partners and their customers have the proper security needed to defend against ransomware, data breaches and other persistent cyberattacks. Bove will also direct and oversee the growth of new partners and MSPs in the region to increase sales of Sophos security solutions, which plug into the Sophos Central management platform. With Sophos Central, partners and MSPs can elevate and streamline customer defenses and operations, upgrades, renewals and much more, increasing revenue opportunities, while also improving customers’ security.

    Bove brings more than 20 years of sales experience, with 15 years in cybersecurity and channel sales leadership, to Sophos. Most recently, Bove served as vice president sales, U.S. enterprise, at Fortinet, where he was responsible for driving significant revenue growth through channel sales in North America. At Fortinet, Bove grew the small and medium business (SMB) sales organization and defined the company’s channel sales strategy to expand focus on the enterprise market. Bove also previously held sales and channel leadership positions at Proofpoint.

    “Sophos is already a leading provider of security services and technologies for the midmarket and smaller organizations that need help defeating cyberattacks, due to resource constraints such as skills gaps, limited budgets and other issues that cause them to be under protected. Our vision at Sophos is a world where organizations of any size and means have a clear path to superior cybersecurity outcomes, and the work we do every day aims to close the cybersecurity divide and protect more organizations in the most at-risk segments of the market. The best and most efficient way to do this is by scaling with channel partners and MSPs,” said Joe Levy, CEO, Sophos. “With Torjus and Jon, both of whom have decades of experience in leading channel sales, managing sales operations and developing relationships with customers, we can scale faster and in a way that accelerates growth for partners, MSPs and Sophos. I’m excited to have Torjus and Jon on board to help drive the next phase of Sophos’ go to market evolution.”

    About Sophos
    Sophos is a global leader and innovator of advanced security solutions for defeating cyberattacks, including Managed Detection and Response (MDR) and incident response services and a broad portfolio of endpoint, network, email, and cloud security technologies. As one of the largest pure-play cybersecurity providers, Sophos defends more than 600,000 organizations and more than 100 million users worldwide from active adversaries, ransomware, phishing, malware, and more. Sophos’ services and products connect through the Sophos Central management console and are powered by Sophos X-Ops, the company’s cross-domain threat intelligence unit. Sophos X-Ops intelligence optimizes the entire Sophos Adaptive Cybersecurity Ecosystem, which includes a centralized data lake that leverages a rich set of open APIs available to customers, partners, developers, and other cybersecurity and information technology vendors. Sophos provides cybersecurity-as-a-service to organizations needing fully managed security solutions. Customers can also manage their cybersecurity directly with Sophos’ security operations platform or use a hybrid approach by supplementing their in-house teams with Sophos’ services, including threat hunting and remediation. Sophos sells through reseller partners and managed service providers (MSPs) worldwide. Sophos is headquartered in Oxford, U.K. More information is available at http://www.sophos.com.

    The MIL Network

  • MIL-OSI: “Rage Deletion” is Real – and GenZ is admitting to doing it the most

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Nearly one in six workers has experienced a co-worker intentionally deleting important company data before quitting a job. One in twenty has personally committed “Rage Deletion,” with GenZ employees being twice as likely (one in ten) to admit to doing so. That’s according to new research from backup and recovery leader CrashPlan. With the US presidential election approaching, 15% of respondents also worry that political activism could drive intentional deletion by departing co-workers.

    CrashPlan surveyed more than 2,300 workers as part of its forthcoming Work Trend Security Report. It found that certain industries and roles were more vulnerable to Rage Deletion.

    • Worry is highest (20%) among employees concerned about job security.
    • Concern over Rage Deletion is highest in the technology industry (21%) and among programmers and developers (25%).
    • The five roles that were most likely to admit to personally Rage Deleting were designers and design engineers (11%), writers and editors (9%), programmers and developers (7%) and video producers (7%).
    • Millennials are most worried about political activism driving Rage Deletion (17%)
    • Only 43% of companies provide tools that ensure employee data is backed up and only 39% provide clear policies mandating their use.

    Where is all the rage coming from?
    Rage Deleters are significantly less engaged at work and more frustrated than other employees. They are more likely to feel increased pressure to show productivity at work, are more concerned about their job security, and are more than twice as likely as others to be seeking new jobs. They’re less often managers, but they are also more likely than others to have worked overtime more than ten times in the previous month. They have received cybersecurity training less often and are less likely to feel their employer invests sufficiently in professional development. Rage Deleters are less likely to look forward to going to work and significantly less proud of their workplaces. And they are twice as likely as others to have already experienced a co-worker’s Rage Deletion.

    “The signs of employee disengagement and dissatisfaction show up in the way they use technology. Obviously, it doesn’t usually escalate to sabotage, but our research clearly shows that disengaged employees are less careful with their data,” said CrashPlan CISO Todd Thorsen. “Every company has a simple choice – with a few keystrokes their intellectual property or important records can vanish forever, or just as quickly they can restore the data a disgruntled employee intended to destroy.”

    To learn more about CrashPlan, visit http://www.crashplan.com

    About CrashPlan
    CrashPlan provides cyber-ready data resilience and governance in a single platform for organizations whose ideas power their revenue. With its comprehensive backup and recovery capabilities for data stored on servers, on endpoint devices, and in SaaS applications, CrashPlan’s solutions are trusted by entrepreneurs, professionals, and businesses of all sizes worldwide. From ransomware recovery and breaches to migrations and legal holds, CrashPlan’s suite of products ensures the safety and compliance of your data without disruption.

    Media Contact:
    Brianna Bruinsma
    Firebrand Communications
    crashplan@firebrand.marketing

    The MIL Network

  • MIL-OSI: Electrify Expo Partners with Austin Energy to Power the EV Track Experience at Circuit of the Americas

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) festival, today announced the continuation of the EV Track Experience Powered by Austin Energy at its final stop of the 2024 tour in Austin. Taking place at the Circuit of the Americas (COTA) on November 9-10, this one-of-a-kind experience will give attendees the chance to get behind the wheel and experience the thrill factor of EVs on the famed Formula 1 track. The partnership with Austin Energy, will transform COTA into an electrifying showcase offering a once in a lifetime opportunity to feel the power, speed and excitement of EVs on a closed-course track.

    Attendees will get a firsthand look at the thrill and performance as they take the wheel of the world’s leading EVs from brands like Tesla, Porsche, Ford, GMC, Rivian, Lucid, Lexus, Volo, and more.

    “As we drive broader EV adoption in Austin, we want to make sure that all of those interested in going electric have the chance to experience the excitement and benefits firsthand,” said Cameron Freberg, Manager for Electric Vehicles & Emerging Technologies at Austin Energy. “Our partnership with Electrify Expo is an opportunity to showcase the future of clean transportation in a fun and engaging way, featuring the unique thrill of driving on a Formula 1 track.”

    “We’re excited to partner with Austin Energy and showcase the biggest and best brands demonstrating their EV technology on the Formula 1 track,” said BJ Birtwell, CEO and founder of Electrify Expo. “With interactive exhibits and now the Track Experience Powered by Austin Energy, the event is poised to be the ultimate destination for EV shoppers, skeptics and newcomers. Whether you’re a die-hard EV fan or just curious about what the buzz is all about, the track experience at COTA is a unique opportunity to feel the thrill of these EVs.”

    For more information and to purchase tickets to Electrify Expo visit http://www.electrifyexpo.com. Media interested in attending may request credentials by emailing ee@skyya.com.

    About Electrify Expo
    Electrify Expo is North America’s largest outdoor electric vehicle (EV) festival showcasing the latest technology and products in electrification including startup and legacy EVs, electric motorcycles, bikes, scooters, skateboards, boats, surfboards and more. The festival addresses one of the most challenging barriers to mass adoption of electric vehicles – understanding how electric transportation works – with meaningful consumer experiences behind the wheel or in the seat on thrilling demo courses. Top brands from around the world exhibit and attend Electrify Expo’s events to meet consumers at all stages on their path to electrification. 2024 events will take place in Long Beach and San Francisco, Calif., Phoenix, Denver, New York, Seattle, Orlando, and Austin, Texas. To stay up to date on the latest news and announcements from Electrify Expo, visit http://www.electrifyexpo.com and follow on Twitter, Facebook and Instagram.

    Media Contact
    Skyya PR
    ee@skyya.com

    The MIL Network

  • MIL-OSI: Qpoint Raises $4M to Deliver First eBPF-Powered Platform to Monitor and Secure External Services

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Qpoint today announced it closed $4 million in pre-seed funding led by Mango Capital with participation from Preface Ventures, Scribble Ventures and Bloomberg Beta. Qpoint leverages next generation eBPF technology to give platform teams and operators unmatched visibility and control over their applications’ critical external dependencies and traffic flows, to enhance reliability, maximize productivity, and safeguard sensitive data. The funds will be used to further product development and meet rising demand.

    Modern production applications rely on a wide range of external services to deliver the features required to meet business objectives. This paradigm powers innovation and reduces time to market, but introduces unpredictable operational challenges and potential security risks for ops teams. The lack of specialized tooling to manage dependencies and external traffic can result in prolonged outages due to vendor issues, countless hours wasted on troubleshooting and unintended exposure of sensitive data. Home-grown proxy-based solutions create single points of failure, add certificate management overhead and further increase security risk.

    Qpoint transforms how companies oversee their external integrations by providing ops teams with a purpose-built solution that delivers real-time, granular visibility and control over the flow of traffic. Powered by cutting-edge eBPF technology that runs in the Linux kernel, Qpoint taps directly into the request flow between the primary applications and their external dependencies, providing unparalleled insights without impacting performance or requiring data to leave the environment. This enables teams to boost reliability, streamline troubleshooting, reduce cloud spend and minimize security risk with minimal operational hassle.

    “Modern applications are highly dependent on the stability of external services in order to run smoothly. When you can’t easily see or control those connections, vendor issues become your interruptions and you waste countless hours trying to resolve reliability and security problems in the dark,” said Tyler Flint, co-founder and CEO of Qpoint. “By delivering comprehensive visibility and control over your applications’ interactions with their external dependencies, Qpoint becomes a game changer for platform teams and site reliability engineers.”

    With founding members from Shopify, Instacart, DigitalOcean, Hashicorp and NS1 (acquired by IBM), the Qpoint team has a history of success building software and scaling operations for globally influential technology companies.

    Qpoint Solves Critical Operational Challenges

    Qpoint enables an operations team to tackle a wide range of integration-related use cases, including:

    • External Service Reliability: Immediately identify issues or anomalous behavior with external services to minimize impacts on mission-critical applications.
    • Rate Limit Detection: Continuously track external API usage, providing alerts when nearing capacity limits to prevent throttling and maintain availability for production systems.
    • Root Cause Analysis and Debugging: Enable improved analysis and troubleshooting of integration-related issues for dramatically faster mean time to resolution.
    • Cloud Bandwidth and Billing Attribution: Get insight into bandwidth utilization to accurately attribute resource usage and cloud costs to specific teams or projects.
    • Vendor Audit Trails: Track vendor API interactions to provide clear evidence of SLA violations and ensure vendor accountability
    • Zero Trust Security: Limit access to external endpoints to only those applications that have been explicitly authorized, minimizing the risk of unauthorized access and sensitive data exposure.

    “Modern applications increasingly rely on a myriad of external services, which drastically increases management complexity and system reliability,” said Robin Vasan, founder and general partner at Mango Capital. “Qpoint’s novel approach leveraging eBPF and seamlessly integrating with existing solutions is a breakthrough for managing third-party dependencies and traffic flows.”

    Learn more about Qpoint’s innovative technology or sign up for a free trial.

    ‍About Qpoint

    Qpoint provides comprehensive visibility and control over external service dependencies and traffic flows for modern, highly connected applications. It uses the latest eBPF tech to empower platform teams, SREs, and operators to improve reliability, boost productivity, optimize costs, and ensure data governance without sacrificing developers ability to drive innovation at high velocity. The company is venture-backed by Mango Capital, Preface Ventures, Scribble Ventures and Bloomberg Beta.

    Learn more about Qpoint at qpoint.io and on the company’s LinkedIn.

    Contact Information

    Bryan Scanlon
    Look Left Marketing
    qpoint@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bd6a6f49-1c68-4908-aaa2-ed355b9d2e98

    The MIL Network

  • MIL-OSI: Franklin Access Unveils the JEXtream FX20 Router Paired With The Quvo Parental Control App

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Franklin Access, a leading provider of integrated wireless solutions, is excited to introduce the JEXtream FX20 WiFi 6 router, paired with the Quvo parental control app, designed to enhance digital safety for families. The JEXtream FX20 router offers modern network performance, while the Quvo app is specifically designed to give parents control over their children’s online activities. This powerful combination of hardware and software empowers parents to create a safer digital environment, promoting responsible online behavior and healthy habits.

    In today’s digital age, children are exposed to a variety of risks, including inappropriate content, cyberbullying, and online predators. The Quvo parental control app, paired with the high-performance JEXtream FX20 router, provides parents with the tools they need to monitor and manage internet usage, helping to mitigate these risks.

    Key Features of the Quvo Parental Control App:

    • Real-time activity monitoring: Provides insights into children’s online activities, including websites visited and apps used.
    • Customizable usage controls: Set screen time limits and schedules, ensuring balanced digital habits.
    • Content filtering: Block harmful material while allowing access to age-appropriate content.
    • Geo-fencing and location tracking: Get notified if a child leaves a designated area with their device.
    • Cross-platform compatibility: Works with Android and iOS devices, ensuring broad coverage across family devices.
    • Comprehensive device management: Manage multiple devices simultaneously, from smartphones to gaming consoles, ensuring a cohesive and secure network.

    “At Franklin Access, we understand the complexities parents face when navigating their children’s digital interactions,” said OC Kim, CEO of Franklin Access. “With the JEXtream FX20 router and Quvo app, we’re offering families a comprehensive digital safety solution that brings both reliability and ease of use to the forefront.”

    The JEXtream FX20 router delivers exceptional WiFi 6 performance, offering faster speeds, better coverage, and support for multiple devices. Whether families are streaming, gaming, or working from home, the FX20 ensures a smooth experience without sacrificing network security. Optional mesh extenders can also be added to broaden the router’s range across larger homes and workplaces.

    The Quvo app integrates seamlessly with the JEXtream FX20 router, providing parental controls that can be managed both inside and outside the home. With its easy-to-use interface, the Quvo app allows parents to maintain peace of mind, even when children are on-the-go.

    Franklin Access continues to innovate and evolve, with plans to expand Quvo’s offerings into additional markets such as elder care, pet care, and small businesses. The JEXtream FX20 and the Quvo parental control app together represent a powerful and flexible solution for securing today’s connected home.

    The JEXtream FX20 router and the Quvo parental control app are available now at http://www.quvostore.com and Amazon.

    About Franklin Access
    Franklin Access (NASDAQ: FKWL) is a leader in integrated wireless solutions, offering state-of-the-art 4G LTE and 5G technologies, including mobile hotspots, routers, and mobile device management (MDM) solutions. Learn more at franklinaccess.com.

    For media inquiries, please contact: marketing@franklinaccess.com

    Safe Harbor Statement

    Certain statements in this press release constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements, expressed or implied by such forward-looking statements.

    The MIL Network

  • MIL-OSI: LPL Financial Welcomes Financial Advisor William Fenwick

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisor William “Bill” Fenwick of Fenwick Financial has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately $210 million in advisory, brokerage and retirement plan assets,* and joins LPL from First Kentucky Securities.

    Based in Louisville, Ky., Fenwick is a retired U.S. Marine Corps officer with 38 years of experience in the financial services industry. He believes his military experience, coupled with his astute study of the markets and economy, shaped his ability to guide clients through market fluctuations and build personal relationships that extend across generations.

    “The leadership skills and sense of responsibility gained from serving in the Marine Corps overlap into financial services,” Fenwick said. “Veterans in our industry tend to have a deeper understanding of service and advocacy, which is the foundation for a fiduciary-focused investment practice. I enjoy educating my clients and making a difference in their lives by providing advice and counseling them on important financial decisions.”

    Although Fenwick was a founding member and part owner of First Kentucky Securities, a regional brokerage firm, he came to realize his business needs and client expectations were outgrowing the firm. He sought a new partner to take his business to the next level, and his due diligence process led him to LPL.

    “The industry has gone through significant change over the past decades. What was once a focus on sales has now shifted to prioritizing the client’s needs,” said Fenwick, who is supported by his wife, Karen, and registered assistant Patricia Hughes. “The fiduciary standard is something I’ve been drawn to from the start. I am committed to serving my clients as an advisor and investment manager with their best interests at heart, offering a foundation of honesty and integrity. The longevity of my practice is a testament to the confidence my clients have in me and my team.”

    He added, “The shared mission and dedication to client service at LPL resonate with our own, and we are proud to be associated with a partner of such high caliber. LPL’s commitment to providing advisors with the resources and support they need to be successful was a key factor in my decision to make this move. I look forward to continuing to grow my practice and to helping my clients pursue their financial goals.”

    With an eye to the future, Fenwick said the move was not merely a strategic decision for his practice today, but also a foundational one for its future. His son, William “Trey” Fenwick, III, recently returned from his service in the U.S. Army Special Forces (Green Beret) and plans to join the practice in the coming months, helping to ensure clients are taken care of for generations to come.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Bill to LPL and thank him for his many years of military service. The acceleration of advisors moving to LPL from regional firms is a testament to the strong support we provide to help financial professionals realize their growth and succession plans. We look forward to supporting Bill’s team and their goals for the future as they build out a generational practice with clients top of mind.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

    Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Fenwick Financial and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

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

    *Value approximated based on asset and holding details provided to LPL from end of year, 2023.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #645012

    The MIL Network

  • MIL-OSI: Nokia opens regional Innovation Center in Morocco to serve EMEA customers

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia opens regional Innovation Center in Morocco to serve EMEA customers

    • Nokia launches its first Innovation Center in Africa and the Middle East, equipped with cutting-edge technologies from its entire Network Infrastructure portfolio, including Fixed, IP, and Optical Networks.
    • The center will benefit and contribute to Digital Morocco 2030 by playing a pivotal role in advancing digital skills and supporting 5G readiness across Europe, Middle East and Africa (EMEA).
    • The event is also an opportunity to showcase some of Nokia’s latest innovations for major football events.

    22 October 2024
    Salé, Morocco – Nokia today announced the opening of its Innovation Center in Salé, Morocco, officiated by Ghita Mezzour, Minister of Digital Transition and Administration Reform.

    Designed as a regional hub to serve EMEA, the Nokia Innovation Center (NIC) is equipped with advanced technologies from Nokia’s entire Network Infrastructure portfolio, spanning Fixed Networks, IP, and Optical Networks. The NIC will not only benefit but also contribute to Digital Morocco 2030 by playing a pivotal role in advancing digital skills, supporting 5G readiness and fostering innovation across EMEA.

    As the first of its kind in the MEA region, the NIC features a comprehensive range of technologies, including IP, optical transport and fiber solutions, housed within a state-of-the-art data center. This facility supports diverse use cases from 5G mobile backhaul to data center fabric and security, and will be a focal point for innovation in critical network technologies, enabling testing, verification, deployment and training of advanced solutions across the EMEA region.

    Beyond technology, the NIC strengthens Nokia’s role within Morocco’s ICT ecosystem by offering practical training to engineering schools and universities. This collaborative platform not only nurtures local engineering talent through certification programs like Service Routing Architect (SRA) and Network Routing Specialist (NRS II) but also provides Gen-AI integration tools using natural language thus contributing to the upskilling and reskilling of young Moroccan talent, aligning with Morocco’s 2030 digital vision.

    The inauguration event was also an opportunity to showcase state-of-the art solutions demonstrating Nokia’s capabilities and determination to support Morocco’s ambitions in hosting major football events.

    Mrs. Ghita Mezzour, Minister of Digital Transition and Administration Reform, said: “The opening of Nokia’s Innovation Center in Morocco is a testament to our country’s ability to attract leading global technology companies and foster innovation. This center will not only enhance our position as a regional hub for digital services across EMEA but will also play a crucial role in developing local talent. By aligning with Digital Morocco 2030, the center contributes to our efforts in advancing STEM education, equipping our youth with the skills they need to thrive in the digital economy, and supporting our nation’s 5G readiness and technological future.”

    Pierre Chaume, Vice President of North, West and Central Africa for Network Infrastructure at Nokia, said: “We are proud to establish this Innovation Center in Morocco, which will serve our customers and partners in the EMEA region and contribute to the development of local talent and the broader digital ecosystem, in line with Digital Morocco 2030. This center underscores our commitment to innovation, sustainability, and the growth of critical networks that drive digital transformation across industries.”

    Resources and Additional Information:
    Webpage: Fixed networks
    Webpage: IP networks
    Webpage: Optical networks

    About Nokia:
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Communications, Middle East and Africa
    Email: cordia.so@nokia.com

    Nokia Press Office
    Email: Press.Services@nokia.com

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