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Category: Transport

  • MIL-OSI: CleanChoice Energy To Double its Solar Generation Assets by Acquiring Project in Kylertown, Penn.

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, Oct. 15, 2024 (GLOBE NEWSWIRE) — CleanChoice Energy (“CleanChoice”), the first company in the U.S. that both owns solar generation assets and supplies only 100% clean energy to consumers, announced the acquisition of its second fully owned and operated solar project. Located in Kylertown, Penn., the solar project will have the capacity to supply over 5,100 homes with renewable energy. This news comes one year after the company announced the development of its first solar project, which is nearing completion in Blairs Valley, Penn., and will generate enough energy to power the equivalent of 4,500 homes.

    Construction of the 150-acre Kylertown solar project is expected to begin in Q4 2024, with a planned interconnection date of October 2025. It will have a capacity of 29.42 MW. When completed, the solar farm will interconnect to the PJM electric grid, which supplies energy to utilities in Pennsylvania, New Jersey and regions throughout other surrounding states.

    “Our project in Kylertown will double CleanChoice Energy’s solar generation assets, as well as demonstrate how responsible renewable energy generation can support the local community and wildlife,” said Zoë Gamble, President of CleanChoice. “This is part of our long-term strategy to support the growth of 100% green energy in the U.S. and make it more accessible to people – a solution that is critically needed as we all face the dire consequences of climate change.”

    CleanChoice is acquiring the project from Prospect14, which led the siting and greenfield development. “This project is an excellent example of the positive benefits that solar energy brings to Pennsylvania’s local communities, energy consumers, and landowners,” says Carl Jackson, Partner of Prospect14. “We are thrilled that this solar project will be carried forward by a partner who operates at high standards and takes care of the land and community.”

    The Kylertown solar project is the second in a number of projects in the pipeline for CleanChoice as owner-operator. CleanChoice continues to develop greenfield sites and pursue acquisition of large-scale solar projects across the Northeast and Mid-Atlantic regions.

    For more information, visit http://www.cleanchoiceenergy.com.

    ABOUT CLEANCHOICE ENERGY
    CleanChoice Energy is one of the leading 100% renewable energy suppliers in the U.S., building solar farms and providing consumers with alternative ways to access clean energy. CleanChoice is defining farm-to-table clean energy, making it easy for people to live cleaner lives with pollution-free, renewable energy for their homes and businesses. With CleanChoice, every kilowatt of electricity used is replenished onto the grid with 100% clean energy from regional wind and solar projects. Founded in 2012, CleanChoice has become one of the fastest-growing businesses in America, as ranked on the Inc 5000 and Deloitte’s Technology Fast 500™. CleanChoice Energy is majority-owned by Funds managed by True Green Capital Management LLC. For more information or to become a clean energy customer, visit CleanChoiceEnergy.com.

    ABOUT PROSPECT14
    Founded in 2017 and headquartered in Ardmore, Pennsylvania, Prospect14 focuses on the scaled origination and development of distributed solar energy projects in multiple markets in the United States. Since its inception, Prospect14 has originated more than 6.5 GWdc of solar and solar + storage projects. For more information, please visit http://www.prospect14.com.

    Media Contact:

    Debbie Ehrman
    FINN Partners
    CleanChoiceEnergy@finnpartners.com

    Kate Colarulli
    Chief Corporate Development Officer
    Mobile: +1 202 380 8936
    kate.colarulli@cleanchoice.com

    The MIL Network –

  • MIL-OSI Europe: Hamburg Sustainability Platform – New alliances are needed to provide blended finance at scale (15 Oct. 2024)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    Public-private stakeholder coalition kicks-off joint work to scale up private SDG investment in emerging markets and developing economies: At the Hamburg Sustainability Conference, a coalition of private and public institutions announced to join forces to set up the Hamburg Sustainability Platform. This platform aims at scaling sustainable investments into emerging markets and developing economies through standardization.

    The Sustainable Development Goals (SDGs), as well as the climate and biodiversity goals, cannot be achieved with public funds alone. More private investment is urgently needed, especially in emerging markets and development economies. To close this financing gap, it must become easier for private investors to invest. Blended finance provides efficient mechanisms to address this challenge. This is the aim of an alliance of public and private stakeholders, the Hamburg Sustainability Platform (HSP), announced at the Hamburg Sustainability Conference.

    The German Ministry of Economic Cooperation and Development, (BMZ); the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO); Global Affairs Canada; the Danish Ministry of Foreign Affairs; Treasury of the Republic of South Africa; the Secretary of State in charge of International partnerships of France; the German Development Bank KfW; British International Investment (BII); as well as Allianz and Caisse de dépôt et placement du Québec (CDPQ) are partnering to jointly develop the Hamburg Sustainability Platform. The Organisation for Economic Co-operation and Development (OECD) acts as an advisory body to the platform.

    Sustainable investments in emerging markets and developing economies have so far been for the pioneers in the private sector: while promising investment opportunities exist, large institutional investors such as pension funds or insurance companies rarely invest at scale. This is because implementation takes a long time, as preparations can take several years and financial products are often very complex. To make it easier for private investors to invest at scale, it would be necessary to pool the funds of public donors and standardize financial vehicles.

    As a solution, the HSP aims at better combining public and private investments through standardized financial products as well as harmonized public strategies. The initiative thereby aims to enhance simplicity, replicability and efficiency, thus enabling considerable additional investment volume.

    Standardization is a key enabler of operational efficiency. By delivering simplicity, efficiency and speed, volume becomes possible. Standardization acts like a common language, combatting fragmentation and accelerating procedures. It could therefore be an important step to help scaling private investment. This is recognized and demanded by different institutions and initiatives such as the UN-convened Net-Zero Asset Owner Alliance (NZAOA), the OECD, as well as the B20 Finance & Infrastructure Working Group. Nevertheless, standardization is currently lacking in blended finance.

    The HSP was announced at the inaugural Hamburg Sustainability Conference, held on 7-8 October. Under the motto “together we co-create development”, the Hamburg Sustainability Conference challenges barriers to SDG implementation. It establishes a new global forum to speed up progress towards achieving the SDGs and deliver result-oriented solutions. The annual conference is a joint initiative of the United Nations (UNDP), the German Federal Ministry of Economic Cooperation and Development (BMZ), the Michael Otto Foundation and the City of Hamburg.

    On their motivations for the HSP, the founding members have said:

    Anneliese Dodds, Minister for Development and Minister for Women and Equalities, United Kingdom’s Foreign, Commonwealth & Development Office: “Meeting the Sustainable Development Goals will require trillions of dollars of additional public and private investment into emerging markets and developing economies. To get private capital moving quickly and at scale, investors need to be able to compare options and make decisions with confidence. That’s why the UK is pleased to support the Hamburg Sustainability Platform, which will focus on scaling up sustainable investment into the regions that need it most, by providing standardized investment products in a clear and simple format.”

    Jochen Flasbarth, State Secretary of the German Federal Ministry of Economic Cooperation and Development: ”The SDGs represent an unprecedented global consensus and as such, a joint mission of public and private stakeholders. We need to join forces to make this mission heard. Over the past years, numerous good examples of blended finance vehicles have been set up. It is now time to identify those success cases, standardize, and scale them. This is what the Hamburg Sustainability Platform stands for. It is a great example of how the German government enhances international partnerships and how development cooperation efficiently uses market mechanisms to co-create impact. “

    Thani Mohamed Soilihi, French Secretary of State for Francophonie and international partnerships: “We need to boost financing capacities if we collectively want to achieve United Nations Sustainable Development Goals (SDGs), and this requires far more private sector leveraging. This is a priority for France, that we are pursuing with 66 partners through the Paris Pact for People and Planet. In that perspective, the Hamburg Sustainability Platform plays an important role and we hope it will bolster current efforts to scale sustainable investments and deliver tangible results.”

    Lina Gandløse Hansen, State Secretary for Trade and Investments, Ministry of Foreign Affairs, Denmark: “We need to bridge the financing gap to deliver on the SDGs and the Paris agreement. The numbers tell a clear story: We are far off track. We need all hands on deck and the private sector must play a key role. We need to deliver scale and replicable models. The Hamburg Sustainability Platform can play an important role. Denmark is looking forward to bringing our strong focus on innovative financing to the table and explore synergies, not least with the work in the Investment Mobilization Collaboration Alliance (IMCA) which aims at mobilizing billions of USD in private capital in support of climate action.”

    Mmakgoshi Lekhethe, Head of Asset and Liability Management at the National Treasury of the Republic of South Africa: “We need impactful solutions and investments on a global scale. And for investments to be impactful, private and public sector need to work together. Development efforts can only be sustainable in the long run if we succeed in mobilizing private markets for our goals. The Hamburg Sustainability Platform can become a key lever on this mission.”

    Patricia Peña, Associate Assistant Deputy Minister, Global Affairs Canada: “Setting up the Hamburg Sustainability Platform involves learning from and working with existing solutions, ensuring what we put forward and how we work together adds value and avoids duplication. Recognising the need to cooperate more efficiently with other donors and private investors from an early stage, the Hamburg Sustainability Platform could become a key tool to enhance donor cooperation and address existing challenges in blended finance.”

    Claus Stickler, Global Co-Lead at Allianz Investment Management: “Speed and scalability are key success factors in achieving sustainable change globally, including for example accelerating the deployment of renewable energy in emerging markets. The Hamburg Sustainability Platform can help simplify the creation and management of blended finance vehicles, thereby increasing their investability. Let’s work together to create this important platform for real action.”

    Vito Dellerba, Managing Director, Sustainable Investing at CDPQ: “Templates and standardized frameworks for financial returns and impact – initiatives highlighted by the Hamburg Sustainability Platform – facilitate timely and knowledgeable decisions by providing streamlined and consistent information. In addition, it has the potential to boost market efficiency by enhancing risk management practices, lowering transaction costs and increasing liquidity.“

    OECD Deputy Secretary-General Mary Beth Goodman: “The OECD supports the Hamburg Sustainability Platform in an advisory role. Promoting innovative approaches to scaling up private capital mobilization in Emerging Market and Developing Economies is core to the work of the OECD. As a convener, we will be a partner in driving this initiative forward. Based on the OECD’s work in harmonising blended finance approaches, and with standardization featuring prominently in the current update of the Blended Finance Principles Guidance, the OECD can be a key contributor of this initiative.”

    Christiane Laibach, Member of the Executive Board of KfW: “We have all learnt valuable lessons from the past twenty years of blended finance and impact investment. But to reach scale, we need to join forces, agree on common models based on these lessons and roll them out in a predictable and standardized manner. This is the objective of the Hamburg Sustainability Platform.”

    Liz Lloyd, Chief Investment Officer at BII: “Unlocking private capital is critical to meet the twin challenges of development and the climate emergency. One important way to do that is through innovative blended finance, using concessional public finance to encourage private investment to achieve the SDGs. We are pleased to collaborate with others to reach a common approach to blended finance, to help mobilize private capital into sustainable investments at scale.“

    MIL OSI Europe News –

  • MIL-OSI USA: Governor Murphy Announces Second Round of Medical Debt Elimination, Totaling $120 Million in Debt Abolished for 77,000 New Jerseyans

    Source: US State of New Jersey

    Nearly two months after effectuating the first round of medical debt abolishment through the State’s partnership with Undue Medical Debt, Governor Phil Murphy today announced that 77,000 eligible individuals and families across New Jersey are set to benefit from the elimination of an additional $120 million in medical debt. Governor Murphy sat down with Andrew Rose Gregory, who was a special guest at the 2024 State of the State Address, to discuss the announcement. Andrew and his wife, Casey, partnered with Undue and raised $1.1 million following her passing to help eliminate medical debt for others. The video is available here.

    By leveraging approximately $900,000 in American Rescue Plan funds, Undue has worked with the Atlantic Health System to identify and purchase qualifying, unpayable medical debts. Impacted residents may have all or some of their debts abolished as part of the Governor’s mission to make health care more affordable and accessible. Through the State’s partnership with Undue, $220 million in medical debt has been eliminated for 127,000 New Jersey residents so far.

    “Investing in affordable and accessible health care allows residents to prioritize their well-being without having to take on the significant burdens of medical debt, which has long served as a debilitating barrier to receiving the life-saving care and services they deserve,” said Governor Murphy. “That is why our Administration has taken action to both protect residents from accumulating debt and eliminate existing debt so that New Jerseyans can focus on what matters most: their health. Today’s announcement marks a monumental step forward and builds upon our efforts to create a health care system that relieves financial constraints and ensures quality, comprehensive care is within reach of every New Jerseyan.”

    “With Governor Murphy’s persistent focus on health care affordability and access for New Jerseyans, we are pleased to announce another round of medical debt abolishment for tens of thousands of residents and families,” said Shabnam Salih, Director of the Office of Health Care Affordability and Transparency. “Today’s announcement is lifting the burden of $120 million in debt off their shoulders, helping to bring some peace of mind and comfort next time they have to see a doctor or visit the hospital for care.”

    Earlier this year, the Governor signed the Louisa Carman Medical Debt Relief Act, which safeguards New Jersey families from accumulating medical debt, protects against predatory medical debt collectors, and prohibits the reporting of medical debt to credit reporting agencies. New Jersey is a leading state in consumer protection policies and supports for residents, being one of only five states in the nation that both prohibits medical debt reporting to credit agencies and has allocated funding to provide residents with direct medical debt relief.

    “We’re proud to partner with the state of New Jersey, Governor Murphy and Atlantic Health on this impactful medical debt abolishment that follows closely on the heels of the initial $100 million of medical debt already erased,” said Undue Medical Debt CEO and president Allison Sesso. “New Jersey is a great example of a state that’s erasing medical debts weighing down its most financially burdened residents while also taking legislative action to lessen the burden of medical debt overall.”

    “As Casey and I prepared for her to die in home hospice, we decided that after her death we would raise money to forgive others’ medical debt in her honor. We were keenly aware of how lucky we were that our finances hadn’t been demolished by America’s health care system during Casey’s long and arduous treatment. Casey’s corporate insurance through her work as a publisher at Penguin Random House had been our shield. But we had met so many other patients and families that were not so lucky as us, and had gone into debt or even denied care because of a lack of insurance,” said Andrew Gregory. “In the last weeks of her life, Casey and I often listened to the Stevie Wonder song Come Back as a Flower: I wish that I could come back as a flower / as a flower / to spread the sweetness of love. As news of Casey’s death, and her wish to forgive others’ medical debt, spread across the world after she died, her campaign raised $1.1 million, forgiving almost $45 million with at least $65 million more of un-payable medical debt still slated to be relieved. She is no longer with us but I still say to her, Casey, Casey, you have come back as a flower.”

    There is no application process for medical debt relief. Undue works with hospital systems across the country to purchase large, bundled portfolios of past-due medical debt belonging to those least able to pay for pennies on the dollar. Instead of trying to collect, Undue erases the debt.

    “When I received my letter [notifying] me that my medical expenses were covered, I felt so blessed and happy. I’m a single mom; I had to take a leave of absence so that I could have surgery and I have no way to pay my medical bills. I work so hard in this country, but it is really difficult to [pay] for my house and bills without any assistance. Thank you so much, Governor Phil Murphy,” said Brunilda from Newark, NJ, one of almost 50,000 New Jerseyans to have medical debt abolished this August.

    “Thank you for helping. I lost my job and then got terribly sick. I couldn’t afford medication, couldn’t afford to pay rent and my bills were coming in back-to-back. I’m trying to get my financial situation back together and this really does help me. Thank you,” said Angela from Dover, NJ, one of almost 50,000 New Jerseyans to have medical debt abolished this August.

    “Like many families throughout the United States, I worked a job for 25+ years that did not offer health benefits. I often had to make a strategic decision about whether my illness or injuries were worth visiting the hospitals or doctor for. Living off of minimum wage, taking care of my ailing mother, paying rent and other expenses — it was just impossible for me to pay my hospital bills. Even with expensive health insurance, high co-pays make it difficult for many American families to [afford care]. Thank you, Undue, for relieving me of this burden. For once, [I felt] great joy finally receiving some good news in the mail!” said Antoinette from Jackson, NJ, one of almost 50,000 New Jerseyans to have medical debt abolished this August.

    Those who qualify for medical debt relief are either four times or below the federal poverty level or have medical debts that equal 5% or more of their annual income. These are the only criteria for relief. For this round of debt abolishment, Undue worked with Atlantic Health System to identify unpaid medical debts that qualify for erasure. This is a one-time abolishment to help remove the financial and emotional burden of unpayable medical debts. Medical debt relief is source-based, depending on community-minded providers like hospitals who choose to engage. 

    Those benefiting from medical debt relief will receive an Undue branded letter in the mail beginning Thursday, October 17, 2024. Learn more about Undue here.

    MIL OSI USA News –

  • MIL-OSI USA: This Week in NJ – October 11th, 2024

    Source: US State of New Jersey

    Biden-Harris Administration Issues Final Rule Requiring Replacement of Lead Pipes Within 10 Years, Announces $44M in Funding to New Jersey to Provide Clean Water to Schools and Homes

    The Biden-Harris Administration issued a final rule requiring drinking water systems across the country to identify and replace lead pipes within 10 years. The Lead and Copper Rule Improvements (LCRI) also require more rigorous testing of drinking water and a lower threshold for communities to take action on lead in drinking water to protect people from lead exposure. In addition, the final rule improves communication within communities so that families are better informed about the risk of lead in drinking water, the location of lead pipes, and plans for replacing them. This final rule is part of the President’s commitment to replace every lead pipe in the country within a decade, making sure that all communities can turn on the tap and drink clean water.

    Alongside the Lead and Copper Rule Improvements, the EPA announced $44,199,000 in newly available drinking water infrastructure funding for New Jersey through the Bipartisan Infrastructure Law. This funding will flow through the drinking water state revolving funds (DWSRFs) and is available to support lead pipe replacement and inventory projects. Additionally, 49% of the funding must be provided to disadvantaged communities as grant funding or principal forgiveness that does not have to be repaid. The EPA also announced the availability of $35 million in competitive grant funding for reducing lead in drinking water. Communities are invited to apply directly for grant funding through this program. Additional federal funding is available to support lead pipe replacement projects and EPA has developed a website identifying available funding sources.

    “We are grateful to the Biden-Harris Administration, New Jersey’s congressional delegation, and the Environmental Protection Agency for their continued support in helping us build a cleaner and healthier Garden State through the Bipartisan Infrastructure Law,” said Governor Murphy. “This newly announced funding will help New Jersey communities with the vital task of replacing all lead pipes within the next ten years as we work to ensure that everyone in New Jersey has access to clean, safe drinking water. These critical investments in our drinking water infrastructure will help protect our children from lead exposure, create good-paying jobs for New Jerseyans, and ensure a stronger drinking water system for generations to come.”

    READ MORE

    First Lady Tammy Murphy Hosts 21st Successful Family Festival in Vineland

    First Lady Tammy Murphy hosted her 21st Nurture NJ Family Festival in Vineland on Saturday, October 5, creating a one-stop-shop for 1,500 attendees to access crucial resources to aid them in growing their families and raising children in the Garden State. The event connected families with information on accessing state, county and local resources spanning from health and child care to housing support and food assistance, among many more supports to help new parents.

    “Our Family Festivals have proven to be a powerful tool in connecting New Jerseyans with the resources necessary to help support their growing families,” said First Lady Tammy Murphy. “We know that raising children comes with a whole host of challenges and rewards, and we are committed to being there every step of the way through our innovative initiatives to uplift mothers and babies. In a rural county like Cumberland, accessing care can be burdensome. That’s why I am thankful to our dedicated partners for helping to make today a success and for their constant partnership as we all work to make Cumberland County – and all of New Jersey – the safest and most equitable place  in the nation to have a baby and raise a family.”

    Vineland has a 43 percent Hispanic and Latino population. New Jersey’s Maternal Mortality Report for the years 2016-2018 showed that Hispanic mothers were three and a half times more likely to die of maternity-related complications than white mothers. According to data from the Centers for Disease Control and Prevention, the mortality rate for Hispanic babies is nearly one and a half times that of white babies. Among all demographics, Cumberland County has the highest infant mortality rate and teen pregnancy rate in the state.

    READ MORE

    New Jersey Army National Guard Prepares for Hurricane Milton Support to Florida Division of Emergency Management

    The New Jersey Army National Guard announced the deployment of approximately 80 Soldiers and 30 military vehicles to support Hurricane Milton response operations in Camp Blanding, Florida. A convoy from the 143d Transportation Company and 253d Transportation Company, 42d Regional Support Group arrived in Florida following the landfall of Hurricane Milton.


    “Our thoughts and prayers are with the people of Florida as a second massive storm in as many weeks bears down on our nation’s Gulf Coast,” said Governor Phil Murphy. “New Jersey is committed to doing everything possible to assist Floridians impacted by Hurricane Milton—including sending a convoy to support the Florida Division of Emergency Management.”

    Upon arrival to Camp Blanding, the unit coordinated with the Florida Division of Emergency Management and the Florida National Guard. Tasks include transportation of Florida National Guard personnel into weather-impacted areas and delivery of commodities to or from points of distribution.

    “Floridians are family, and we know from personal experience what hurricane recovery means for our communities,” said Colonel Yvonne L. Mays, Acting Adjutant General of New Jersey. “Our Soldiers are trained and ready to support our neighbors in need.”

    New Jersey responded to Florida’s request for support through the Emergency Management Assistance Compact (EMAC), the nation’s state-to-state mutual aid agreement. EMAC matches personnel, equipment, and commodities to assist response and recovery efforts across all 50 states, the District of Columbia, and four territories.

    READ MORE

    AG Platkin Sues TikTok for Unlawful Practices That Harm NJ Youth

    Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced that after a multiyear investigation, they are suing social media giant TikTok for deceptive, unconscionable, and abusive business practices that harm the health and safety of New Jersey’s youth.

    The complaint, which was filed temporarily under seal in the Superior Court of New Jersey, Chancery Division, Essex County, alleges multiple violations of the New Jersey Consumer Fraud Act (CFA). Other Attorneys General are filing similar lawsuits across the country.

    “Our investigation shows that TikTok knows about the dangerous effects of its platform on young users, and can mitigate these harms, but has deliberately chosen not to do so,” said Attorney General Platkin. “As a parent and as the chief law enforcement officer for New Jersey, I’m here to tell TikTok, as I have told other social media companies in the past, that our kids are more than just data points to be monetized to advertisers to the detriment of their mental and physical health.”

    READ MORE

    New Jersey’s Minimum Wage to Increase to $15.49/Hour for Most Employees on Jan. 1

    New Jersey’s statewide minimum wage will increase by $0.36 to $15.49 per hour for most employees, effective January 1, 2025.

    Pursuant to Article 1, Paragraph 23, of the New Jersey Constitution, and N.J.A.C. 12: 56-3.1(c), the New Jersey Department of Labor and Workforce Development (NJDOL) sets the minimum wage for the coming year based on any increase in Consumer Price Index (CPI) data provided by the U.S. Bureau of Labor Statistics.

    “Aligning the state minimum wage with any increases in the cost of living is a critical step towards economic fairness and security for all New Jersey workers,” said Labor Commissioner Robert Asaro-Angelo. “This adjustment fosters a more equitable economy and ensures our workforce can continue to thrive.”

    READ MORE

    MIL OSI USA News –

  • MIL-OSI USA: Infusion Pump Recall: Zyno Medical Removes Z-800, Z-800F, Z-800W, and Z800WF Infusion Pumps due to an Air-in-Line Software Defect That May Allow Larger than Expected Air Bubbles to Enter Patients

    Source: US Department of Health and Human Services – 3

    This recall involves removing certain devices from where they are used or sold. The FDA has identified this recall as the most serious type. This device may cause serious injury or death if you continue to use it. 

    Affected Product 

    Pump Model

    Unique Device Identifier (UDI-DI)  

    Software Revision

    Z-800

    00814371020006 

    6.1.01 and 6.1.07z

    Z-800W

    00814371020020

    3.1.32 and 3.1.64z

    Z-800F

    00814371020013  

    4.1.02 and 4.1.08z

    Z-800WF

    00814371020037

    5.1.01 and 5.1.08z

    What to Do  

    • Do not use affected infusion pumps. 

    On September 13, 2024, Zyno Medical LLC sent all affected customers an Urgent Medical Device Correction letter recommending the following actions: 

    • Stop using affected devices.
    • Follow instructions to return these devices for software update.
    • Complete the Zyno Medical Z-800, Z-800F, Z-800W, and Z-800WF Infusion Pump – Air-in-Line Software Issue – Response Verification Form which includes the following activities: 
      • Checking inventory for affected products.
      • Verifying serial numbers.
      • Confirming product location.
      • Reporting any transferred product.
      • Signing and dating the completed form. 
    • Make sure this notice reaches everyone who needs to be informed, including those at other locations if the devices have been transferred. 

    A representative from Zyno Medical’s partner company, Intuvie LLC, will contact customers to coordinate instructions for exchanging devices. 

    Reason for Recall   

    Zyno Medical is recalling certain Zyno Medical Z-800, Z-800F, Z-800W, and Z-800WF infusion pumps due to a defect in the air-in-line software algorithm that may allow a 1.0 mL air bubble to be passed on to a patient. 
     
    The use of affected product may cause serious adverse health consequences, including air entering the blood vessels (vascular air embolism), fast and irregular heartbeat (tachyarrhythmia), heart attack (myocardial infarction), stroke, seizure, and death. 
      
    There have been two reported injuries. There have been no reports of death. 

    Device Use 

    Zyno Medical Z800 Infusion Systems are intended to provide infusion through the blood vessels (intravenous) of nutrition or essential (parenteral) fluids, blood, and blood products under the direction or supervision of a health care professional.   

    Contact Information  

    Customers in the U.S. with questions about this recall should contact their Zyno Medical local business partner or email feedback@intuvie.com. 

    Additional FDA Resources (listed in order of most to least recent):  

    Unique Device Identifier (UDI) 

    The unique device identifier (UDI) helps identify individual medical devices sold in the United States from manufacturing through distribution to patient use. The UDI allows for more accurate reporting, reviewing, and analyzing of adverse event reports so that devices can be identified, and problems potentially corrected more quickly. 

    How do I report a problem? 

    Health care professionals and consumers may report adverse reactions or quality problems they experienced using these devices to MedWatch: The FDA Safety Information and Adverse Event Reporting Program. 

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Homes England invests in Schroders Capital’s Real Estate Impact Fund

    Source: United Kingdom – Executive Government & Departments

    Schroders Capital’s Real Estate Impact Fund (SCREIF) has received a £50 million investment from Homes England, the government’s housing and regeneration agency, underlining the key role this market-leading investment strategy has in addressing social inequality in the UK

    The investment was today confirmed as part of a package of key measures announced by the UK’s Ministry of Housing, Communities and Local Government (sponsor of Homes England) and HM Treasury, following a roundtable hosted by the Chief Secretary to the Treasury, as part of the UK Government’s programme of activities to support its high-profile International Investment Summit.

    The Summit has been focused on driving investment and growth across the UK, with up to 300 industry leaders attending alongside the UK Prime Minister Keir Starmer, Chancellor Rachel Reeves and Business and Trade Secretary Jonathan Reynolds.

    SCREIF is a real estate focused strategy with the dual aims of delivering a positive social and environmental impact in addition to securing appropriate risk adjusted returns for investors. Last month, the strategy became only the second real estate fund in the UK to receive approval from the Financial Conduct Authority to use the ‘Sustainability Impact’ label under SDR.

    With a residential-led approach, the fund is predominantly focused on addressing the UK’s housing crisis, specifically, the shortage of social and affordable accommodation and the regeneration of town centres. The fund aims to ensure that its investments are made in accessible and resilient locations, with access to green space, public transport, schools and GPs.

    The investment from Homes England will increase the ability of the fund to grow and invest more widely across the UK and secure further allocations from pension funds, insurers and foundations.

    Chris Santer, Schroders Impact Fund Manager, Schroders Capital’s Real Estate team, said:

    This investment by Homes England is a clear indication of the absolutely vital role this fund is looking to play in the UK by delivering real and tangible change. Our homes, and the built environment around us, impact our daily lives. We believe this allocation from the public sector will be catalytic in unlocking further institutional investments, boosting broader confidence and interest in this key sector meaning the fund can enable more communities to thrive across the UK.

    Peter Denton, Homes England Chief Executive, said:  

    This is a brilliant example of how public and private sector organisations can get behind a clear and common aim – namely supporting social justice and thriving communities. Our commitment aims to help spark deep and diverse market investment from a range of institutions. Fundamentally, this is about coming together to accelerate regeneration and the creation of affordable, high-quality homes within sustainable, thriving places that people, especially those in more deprived areas, want, need and deserve.

    For further information, please contact:

    Andy Pearce, Head of Media Relations +44 20 7658 2203 andy.pearce@Schroders.com
    Rachael Dowers, PR Manager +44 207 658 2086 rachael.dowers@schroders.com
    Justine Crestois, PR Executive +44 20 7658 5186 justine.crestois@schroders.com

    Note to Editors

    To view the latest press releases from Schroders visit: Media Centre | Schroders global

    Schroders Capital

    Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.

    The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.  

    With $97.3 billion (£77.0 billion; €90.8 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists). 

    *Assets under management as at 30 June 2024 (including non-fee earning dry powder and in-house cross holdings)

    Schroders plc

    Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £773.7 billion (€912.6 billion; $978.1 billion) of assets under management at 30 June 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.

    Schroders’ success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

    Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

    About Homes England

    Homes England is the government’s homes and regeneration agency.  It drives the creation of more high-quality homes and thriving places so that everyone has a place to live and thrive. The Agency’s team work in partnership with thousands of public and private bodies including local authorities, home builders, developers, affordable housing providers, commercial real estate companies and financial institutions to make this happen. For more information visit: Homes England – GOV.UK (www.gov.uk)

    Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority.  For regular updates by e-mail please register online at http://www.schroders.com for our alerting service.

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Global: Salem’s Lot: a faithful but shallow adaptation of Stephen King’s classic vampire novel

    Source: The Conversation – UK – By Andrew Dix, Senior Lecturer in American Literature and Film, Loughborough University

    The vampire story dwells among the undead of literary and cinematic genres, ever available for reanimation. This year alone has seen the publication of more than 30 vampire novels in the US (from Rachel Harrison’s So Thirsty to K. M. Enright’s Mistress of Lies), alongside the release of several vampire movies, including Abigail (with Nosferatu, rebooting the silent German classic, due at Christmas).

    Now comes Salem’s Lot. Written and directed by Gary Dauberman, it’s the first feature-film adaptation of the 1975 novel in which Stephen King set himself the thought experiment of transposing Bram Stoker’s Dracula to contemporary New England. The book has been adapted twice before, in 1979 and 2004, but each time as a TV miniseries.

    Of these precursors, the more interesting is the first, directed by Tobe Hooper. Made five years after The Texas Chain Saw Massacre, it signified Hooper’s move towards the mainstream, while retaining some gory scenes and choppy editing reminiscent of his old grindhouse aesthetic.

    The new Salem’s Lot begins with a series of maps that trace how the master vampire, concealed in a chest, has reached Maine. The film’s own passage, stalled for years by the calculations of marketers and schedulers, has been equally arduous. It arrives now rather belatedly and without blockbuster flourish. While UK King fans can enjoy it on the big screen, it is consumable in most other locations only via the streaming service Max.

    The trailer for Salem’s Lot.

    Literary and film scholar Robert Stam offers a profusion of terms to describe the work undertaken by screen adaptations. They may, for example, “rewrite”, “transmute” or even “critique” their source-texts. Indicating a gentler kind of process, however, Stam also allows that an adaptation can offer an “incarnation” or “performance” of the material it is adapting. Performing Salem’s Lot in this sense, responding in audio-visual form to King’s prompts and refusing major reinventions, appears to be Dauberman’s goal.

    King is a successor not only to Stoker and other horror writers such as H. P. Lovecraft, but to the late-19th century “local colorists” in New England, who attentively documented the sights and sounds of their region. On the page, Salem’s Lot is visually abundant. The new adaptation attempts to be similarly conscientious.

    Dauberman takes care in matters of colour and lighting. A church’s doors, shut against the vampiric menace, glow a vivid red. Two boys walk through a wood silhouetted at sunset, their bodies ominously already lacking substance against a sky that is turning from pink to black. There are other visual pleasures, too, representing a shift away from Hooper’s version, where the shots are rougher-edged and decidedly non-pictorial.

    The cast of this Salem’s Lot is likeable and struggles gamely, in the face of regular jump scares, to solicit audience engagement. Unlike Hammer’s Dracula adaptations, say, in which the monster has all the charisma, this is something of a democratic vampire film and devolves interest to members of the opposing force.

    A pleasing modification is also made to the overbearing whiteness of King’s narrative world, with two of the pluckiest vampire hunters reimagined as African American.

    Beyond the scare

    But if this latest adaptation of Salem’s Lot is easy enough on the eye, intellectually it is shallow. This matters, because the best vampire fictions prompt us not merely to be terrified, but to start interpreting – they generate meanings as well as scares.

    What, precisely, is signified by their monstrous protagonists? As expert in Victorian literature, Nina Auerbach, wrote in her still valuable book Our Vampires, Ourselves (1995): “No fear is only personal: it must steep itself in its political and ideological ambience, without which our solitary terrors have no contagious resonance.”

    Writing his novel in 1975, as the progressive dreams of the 1960s faded, King found in the vampire an apt image of power and cruelty in America. In his own words, from the afterword to Salem’s Lot: “I saw a metaphor for everything that was wrong with the society around me, where the rich got richer and the poor got welfare … if they were lucky.” When vampires strike in the book, there is therefore the sense of a nation at risk, not merely a few families or a handful of individuals.

    The new adaptation, by contrast, represses rather than invites such interpretive effort on our part. It carries across the novel’s mid-1970s setting, but is interested more in accurate period detailing – the right model of car, the appropriate hairstyle – than in substantive historical exploration. It also doesn’t use the category of the vampire movie to say something insightful about our own time: the post-COVID moment, for example, or the era of Donald Trump (a figure with rich vampiric possibilities).

    Dauberman’s version of Salem’s Lot is certainly respectful of its source-text (unsurprising, perhaps, with King himself listed among its executive producers). And it functions perfectly well as a showcase for the varied skills of props designer, prosthetic artist and special effects engineer. But, as a work of cultural and social inquiry, this latest vampire story is disappointingly de-fanged.


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

    Andrew Dix does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Salem’s Lot: a faithful but shallow adaptation of Stephen King’s classic vampire novel – https://theconversation.com/salems-lot-a-faithful-but-shallow-adaptation-of-stephen-kings-classic-vampire-novel-241278

    MIL OSI – Global Reports –

  • MIL-OSI Global: Music and dementia: researchers are still making discoveries about how songs can help sufferers

    Source: The Conversation – UK – By Rebecca Atkinson, Researcher in Music Therapy, Anglia Ruskin University

    Numerous studies have shown music therapy has many benefits for dementia patients. Unai Huizi Photography/ Shutterstock

    Music is woven into the fabric of our everyday lives. Whether it’s lifting our spirits, pushing us to run faster or soothing us to sleep, we can all recognise its power. So it’s no wonder it is increasingly being used in medical treatment.

    As well as proving very useful in cancer treatment, managing chronic pain and even helping the brain recover after a stroke, researchers have also been making great strides in using music to help patients with dementia.

    It reduces patients’ anxiety and depression, and improves wellbeing both for them and their carers by enhancing everyone’s ability to adapt and cope with adversity or stress.

    Music therapy in the form of playing, singing or listening to music can also have a positive effect on cognitive function – particularly for older adults either with dementia or memory issues.

    So why does music appear to have such a powerful effect for people with dementia?

    Music and the brain

    About a decade ago, researchers discovered that when people listened to music, multiple areas of the brain were involved in processing it. These included the limbic (which processes emotions and memory), cognitive (involved with perception, learning and reaction) and motor areas (responsible for voluntary movement). This challenged preconceptions that music was processed more narrowly in the brain – and helped explain why it has such a unique neurological impact.

    Not only that, research has shown that music might help regenerate the brain and its connections. Many causes of dementia centre around cell death in the brain, raising the possibility that music could help people with dementia by mending or strengthening damaged neural connections and cells.

    Many brain areas are activated when we listen to music.
    Toa55/ Shutterstock

    It’s not just any music that has a regenerative effect on the brain, though. Familiar and favourite music has been shown to have the biggest impact on the way we feel, and is closely linked with memory and emotions. This is because listening to our favourite songs releases feel-good hormones that give us a sense of pleasure. Curated music playlists of favourite music could be the key in helping us deal with the stress of everyday life.

    This is relevant to Alzheimer’s and other forms of dementia because researchers have discovered that parts of the brain linked with musical memories are less affected by these conditions than other areas of the brain. This explains why memories and experiences that are linked to favourite music are often preserved for people with such conditions.

    Listening to music can also help manage their experiences of distress, agitation and “sundowning” – where a person is more confused in the afternoon and evening.

    In a small study conducted by us and our colleagues at the Cambridge Institute for Music Therapy Research, we showed just how great of an effect listening to music can have for people with dementia. We found that when people with dementia repeatedly listened to their favourite music, their heart rate and movements changed in direct response.

    This showed that people’s physical responses were affected by musical features like rhythm and arrangement. Their heart rate also changed when they sang along to music, or when they began reminiscing about old memories or stories while listening to a song or thinking about the music. These changes are important because they show how music affects movement, emotions and memory recall.

    Studies have also shown that during and after listening to music, people with dementia experienced less agitation, aggression and anxiety, and their general mood was improved. They even needed less medication when they had regular music sessions.



    Read more:
    Why researchers are turning to music as a possible treatment for stroke, brain injuries and even Parkinson’s

    Other researchers have even begun testing the effects of music training programmes to support cognition for people with dementia. Results have been promising so far – with adults in the study showing improved executive functioning (problem solving, emotion regulation and attention) compared to those who took part in just physical exercise.

    So, music is likely to continue to be a useful medical treatment for people with dementia. But based on what we know so far, it’s important that it comes from the patient’s own music collection – and is used alongside other management techniques such as using drugs that can slow the progression of dementia or help manage symptoms to support self-care and wellbeing.

    Dr. Rebecca Atkinson is affliated with Chiltern Music Therapy, non-profit organisation.

    Ming-Hung Hsu receives funding from the National Institute for Health and Care Research and Innovate UK.

    – ref. Music and dementia: researchers are still making discoveries about how songs can help sufferers – https://theconversation.com/music-and-dementia-researchers-are-still-making-discoveries-about-how-songs-can-help-sufferers-239446

    MIL OSI – Global Reports –

  • MIL-OSI NGOs: TB ALGO PED paediatric TB study

    Source: Médecins Sans Frontières –

    Full report on the Cross-cutting lessons from the implementation of new treatment decision algorithms for pulmonary tuberculosis in children: results from the TB-ALGO-PED study.

    This report, from MSF’s TACTiC project and the Access Campaign, summarises key findings from the implementation of paediatric tuberculosis treatment decision algorithms across five study sites and highlights potential lessons for future implementation efforts.

    Cross-cutting lessons from the implementation of new treatment decision algorithms for pulmonary tuberculosis in children: results from the TB-ALGO-PED study pdf — 860.7 KB Download

    MIL OSI NGO –

  • MIL-OSI Africa: GITEX GLOBAL 2024: Historic opening day marked by record international participation and capacity crowds at key events

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 15, 2024/APO Group/ —

    • Entire international tech ecosystem descended on Dubai to mark the start of GITEX GLOBAL 2024 (www.GITEX.com)  – the world’s largest and best-rated tech event
    • Innovative showcases and GITEX Editions & European Innovation Council pavilion launches also star on “Tech Investor Day”
    • “AI Super Tuesday” next up at GITEX GLOBAL 2024

    International audiences enjoyed a memorable first day at GITEX GLOBAL 2024 (http://apo-opa.co/4h8HyRu) on Monday as the world’s largest and best-rated tech event kicked off in sensational fashion – setting the stage for an unforgettable week of breakthrough tech showcases.

    Taking place at Dubai World Trade Centre (DWTC) from 14-18 October, GITEX GLOBAL presents a record-breaking edition in its 44th year. It welcomes over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries – the highest-ever international participation at GITEX GLOBAL – comprising enterprises, experts, investors, startups, academia, researchers, and the entire global tech ecosystem.

    Eagerly awaited exhibitions and events take centre stage

    Across a capacity-crowd venue, international audiences became acquainted with a wide variety of incredible innovations on Day 1 of GITEX GLOBAL 2024. UAE technology group G42 presented its Intelligence Grid immersive experience, enabling visitors to discover how AI can power every aspect of future life as a ‘super utility’. Lenovo showcased its new range of hardware and cloud solution equipped with transformative AI capabilities of the future, while e& showcased some the world’s most mindblowing protypes in all of tech. One of the highlights was the XPeng AeroHT eVTOL Flying Car – enabling audiences to discover how such innovations represent a historic opportunity to revolutionise aviation and personal transportation.

    With five incredible themes across five unmissable days this year, “Tech Investment Day” was first up with World Future Economy Digital Leaders Summit (http://apo-opa.co/4dLQ9qC) amongst the many shows that drew huge crowds and received widespread audience acclaim.

    In a special briefing, His Excellency (H.E.) Abdullah Bin Touq Al Marri, Cabinet Member & UAE Minister of Economy, addressed attendees during ‘Rise of the New Economy: AI & Emerging Industries’. This session delved into the UAE’s strategic initiatives fostering innovation, enhancing competitiveness, and positioning the country as a global leader in the new economy.

    With the UAE’s non-oil sector accounting for 74% of national gross domestic product (GDP) in 2024, H.E. Al Marri reaffirmed the Ministry of Economy’s ambitious plans for the years ahead, insisting: “We are in the business of breaking records. We’ve already achieved a non-oil sector that accounts for 74% of GDP – this record has never happened before in our country’s history. The UAE’s environment and ecosystem attracts people from around the globe – and the target now is to reach 80% by 2030 and become an R&D hub for the world.”

    With several leadership sessions held throughout the Monday schedule, H.E. Faisal Al Bannai, Advisor to the UAE President & Secretary General of the Advanced Technology Research Council (ATRC), shared key insights and perspectives during ‘AI Leadership: Steering Societal Transformation’. AI socio-economic implications were discussed alongside global AI leadership, models, governance, and regulation.

    Elsewhere on a historic opening day to celebrate GITEX GLOBAL’s record-extending 44th edition, new industry-defining programmes were also launched – including GITEX Editions, an exclusive platform for late-stage advanced tech companies and a premier hub for unicorns, soonicorns and rhinos.

    GITEX Editions connects 59 top global unicorns and was attended by H.E. Omar Sultan Al Olama, UAE Minister of State for AI, Digital Economy & Remote Work Applications, also addressed attendees between another applauded leadership session – ‘The UAE As The Sandbox For Pragmatic Ai Regulation And Policy Development’.

    The year’s most impactful discussions surrounding AI’s future in society and industry were also attending by high numbers of visitors. While discussing the most transformative AI case studies across government, enterprise, and startups, the need to balance AI’s potential with creativity and human intuition was examined in various sessions, including ‘Regulating Tech: The Intersection of Tech, Crime and Law’.

    Didier Jacobs, Head of ICT & Chief AI Officer at Europol, stressed that heightened collaboration and cooperation are needed to overcome challenges and solve international crime, adding: “Cybercrime knows no borders. There are many technologies that can be misused for hacking, extortion, sabotage, illegal transactions, and so on. What’s needed are solutions – a blend of increased human collaboration and technology deployment is essential.”

    As this week marks the largest-ever European participation at GITEX GLOBAL with 38 European countries exhibiting alongside 1,000-plus SMEs and 450-plus startups, the European Innovation Council pavilion was officially launched to commemorate the milestone.

    With debuting exhibitors from countries including Austria, Portugal, Latvia, Serbia, Bosnia & Herzegovina, and Switzerland in attendance, Trixie LohMirmand, Executive Vice President of DWTC, the organiser of GITEX GLOBAL, opened the brand-new site. This casts a unique spotlight on Europe’s AI, tech, and innovation advancements alongside the cross-continental collaboration efforts currently taking shape across the continent.

    What next at GITEX GLOBAL 2024?

    GITEX GLOBAL 2024 continues Tuesday as “Super AI Tuesday” showcases how AI is transforming business strategies, revolutionising industries, and creating new growth opportunities across the globe. Up until Friday (October 18), attendees can also explore the latest tech sector services and solutions being rolled out across Central Asia, Southeast Asia, Latin America, and the Middle East.

    GITEX GLOBAL is seamlessly connecting with world’s largest network of tech events with its stellar list including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

    More information on GITEX GLOBAL and to purchase passes, please visit http://www.GITEX.com

    MIL OSI Africa –

  • MIL-OSI Economics: Suhaimi Ali: Transcending boundaries – advancing Takaful for sustainable growth

    Source: Bank for International Settlements

    This year is particularly momentous as we commemorate four decades of takaful since the enactment of the Takaful Act 1984. From a modest beginning, the size of takaful contribution has expanded nearly three times compared to a decade ago. Players have become more diverse and products have expanded to address different needs of households and businesses. The industry has also demonstrated resilience against challenging economic and financial conditions, while continuing to scale up and improving efficiency in delivering financial protection. This progress is imperative to respond to the higher expectations that stakeholders have on the industry to better serve the protection needs of society. Ahead of us, challenges remain significant – climate risk, ageing nation, cost of living pressures, advancement of technologies – all of which requires the industry to continue to innovate and be responsive to these needs. The adoption of VBIT principles is crucial to better align and guide the industry’s efforts to catalyse growth while contributing meaningfully to society.

    Distinguished guests, ladies and gentlemen,

    I am certainly pleased to be here, to see progress in the Value-Based Intermediation Takaful (VBIT) journey that began five years ago in 2019. I am delighted to be part of this important occasion and witness the collective commitment by industry players to foster a more ethical and impactful approach to takaful.

    Advancing value-based with clear demonstration of impactful outcomes

    As today’s conference is focused on Shariah values and measurements, I would like to highlight three imperatives that should guide industry’s efforts to implement the VBIT framework:

    • First, is the diversity and inclusivity of protection solutions, with alignment to national strategies and aspirations;
    • Second, is improvements to quality of services and conduct that reflects the fundamental values of Shariah; and
    • Third, is impact reporting guided by clear outcomes.

    Diversity and inclusivity of protection solutions

    Ladies and gentlemen,

    We acknowledge the ongoing exemplary efforts by takaful operators to improve financial well-being and inclusion. For example, expansion in the range of microtakaful products catering to the underprivileged segments, has been flourishing in the recent years. In 2023, these affordable and accessible protections have provided coverage to almost 970,000 individuals.

    We are also pleased to observe developments within the industry that support Bank Negara Malaysia’s Financial Sector Blueprint 2022-2026 vision to mainstream social finance, which now has use cases in the takaful sector. Before this, it is predominantly use cases in the banking sector. The innovative offerings of social blended takaful products enables a confluence of private and social funds where participants have the option to use their takaful benefits to contribute towards creation of a sustainable community.1

    We hope to see more synergistic collaborations where philanthropic capital blends with commercial funding to develop impactful protection solutions. These efforts would ensure continuous protection for vulnerable segments, including micro-entrepreneurs, gig workers, and the ageing population.

    Limited access to insurance and takaful for climate adaptation and resilience poses a significant challenge for Malaysian businesses, particularly SMEs. This limitation hinders their ability to effectively manage flood risks-Malaysia’s most frequent natural disaster- and slows recovery efforts, as insurance payouts are a crucial source of funding. Furthermore, common obstacles such as lengthy payout processes, inadequate product offerings, and insufficient coverage exacerbate the problem.2

    At our end, Bank Negara Malaysia remains committed to providing an enabling environment for the industry to test and introduce innovations. Industry players are urged to embrace the aspirations of the recently issued Exposure Draft on Broader Application of Ta`awun in Takaful. This provides a facilitative framework for industry players to explore new takaful models in promoting social cohesion and wealth distribution. For areas that may require regulatory flexibility, we welcome interest in tapping the Financial Technology Regulatory Sandbox. This allows innovations to be piloted and refined, thus accelerating the integration of VBIT in product solutioning. You may be interested to note that the Sandbox now incorporates a Green Lane. This accelerated track offers a simpler and quicker path for financial institutions with a strong track record in risk management to test innovative solutions that are facing regulatory impediments.

    For industry players aspiring to drive greater market competition via digitalisation, the formal application window to carry digital takaful business will be open on 2 January 2025 until 31 December 2026. We welcome prior consultation for those interested.

    Improvements to quality of services and conduct

    Efforts to diversify products and solutions must be paired with improvements in service quality and responsible conduct by market players and their intermediaries. The Customer Satisfaction Survey 2022 for the takaful and insurance industry revealed that while 74% of customers provided positive feedback on their experience, 23% expressed concerns, particularly on inefficiencies in claims processes and poor response from industry players and agents when reached for assistance.3 In Malaysia, the motor, medical and health segments have seen progress on this front through the roll out of digital roadside assistance solutions and the work to establish a central medical claims data platform, respectively. Malaysia’s experience in these two sectors illustrates that there is much to benefit from leveraging on technology.

    With technology, not only will the end-to-end experience of consumers – from securing access to takaful cover to the claims and settlement process – be elevated, but digital takaful solutions can go a long way towards increasing consumer trust on the value of takaful protection, enhancing product affordability through better risk pricing and expediting purchasing and claims experiences.

    Advancing impact reporting

    The VBIT value proposition through exemplary industry practice, is best showcased through meaningful disclosure, and this brings me to my next point, our aspirations for the Maqasid Shariah Scorecard (MSS), that will be launched today.

    I am encouraged to witness the industry’s efforts in developing the MSS, which I believe supports the Bank’s call for better impact creation through meaningful disclosures. While the scorecard is a measurement tool to demonstrate and validate VBIT based on Maqasid al-Shariah, it ultimately seeks to drive positive change in behaviour and measure broader outcomes to the community served by the takaful industry.

    Globally, impact-based reporting has grown in importance as more stakeholders demand for greater transparency in assessing performance beyond financial reporting. Impact reporting is most commonly demonstrated in the climate and sustainability space, where such reporting serves to demonstrate how companies and financial institutions support the broader ESG goals and SDG agenda.

    So given its pivotal role in the operationalisation of VBIT, it is crucial for the MSS to be well executed with clear alignment to operators’ business plans and operations. The successful implementation of MSS will facilitate ambitions for it to play a larger and deeper role, with the goal of elevating MSS as the benchmark reference for impact reporting, domestically and globally. As the next step, we urge the industry to consider what needs to be done for the MSS to be effectively implemented, commencing with strategies to ensure firm understanding of its objectives and measurement methodology by each industry player.

    Ladies and gentlemen,

    Before I conclude, may I remind ourselves that in implementing VBIT and MSS, the issues of skills and professionalism must be addressed. It is, therefore, critical for the industry to diligently build up expertise, thereby unlocking the full potential of its contribution towards amplifying social and economic impact. We commend efforts such as the VBIT Training Module launched today and hope that MTA and members continue to exert energy to address talent gaps towards building a highly capable and adaptable workforce.

    I trust the industry will maintain the momentum to continue accelerating the development of the takaful and retakaful industry through VBIT. May we all be guided by Surah An- Najm, verses 39 and 40, which mean: “And that man shall have nothing but what he strives for, and that his effort will soon be seen.”

    With that, I wish you a successful conference ahead. Thank you.

    MIL OSI Economics –

  • MIL-OSI: Fortinet FortiGuard Labs Observes Darknet Activity Targeting the 2024 United States Presidential Election

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) —

    Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet
    “As the 2024 U.S. presidential election approaches, it’s critical to recognize and understand the cyberthreats that may impact the integrity and trustworthiness of the election process and the welfare of the participating citizens. Cyber adversaries, including state-sponsored actors and hacktivist groups, are increasingly active leading up to major events like elections. Remaining vigilant and identifying and analyzing potential cyberthreats and vulnerabilities is crucial for preparing and safeguarding against the lures and targeted cyberattacks that could take advantage of a heightened moment in time and even disrupt or influence electoral outcomes.”

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its FortiGuard Labs Threat Intelligence Report: Threat Actors Targeting the 2024 U.S. Presidential Election, which reveals and analyzes threats tied to U.S.-based entities, voters, and the electoral process. Key findings from the threat intelligence report include:

    • Phishing Scams Targeting Voters Leading Up to the 2024 U.S. Presidential Election: Threat actors are selling affordable phishing kits on the darknet designed to target voters and donors by impersonating the presidential candidates and their campaigns.
    • Malicious Domain Registrations on the Rise: More than 1,000 new potentially malicious domains have also been registered since the beginning of 2024 that follow particular patterns and incorporate election-related content and candidates, suggesting that threat actors are leveraging the heightened interest surrounding the election to lure unsuspecting targets and potentially conduct malicious activities.
    • Darknet Landscape: Billions of records from the U.S. are for sale on darknet forums, including Social Security numbers (SSNs), personally identifiable information (PII), and credentials that could be used in misinformation campaigns and lead to fraudulent activity, phishing scams, and account takeover; approximately 3% of the posts on darknet forums involve databases related to business and government entities.
    • Ransomware Landscape: FortiGuard Labs researchers noted a 28% increase in ransomware attacks against the U.S. government year-over-year based on observed leak sites.

    Scams Targeting the U.S. 2024 Presidential Election Flood the Darknet
    Cyber adversaries, including state-sponsored actors and hacktivist groups, are increasingly active in the lead-up to elections.

    The FortiGuard Labs research team observed threat actors selling distinct phishing kits for $1,260 each, created to impersonate U.S. presidential candidates. These kits are designed to harvest personal information, including names, addresses, and credit card (donation) details.

    Since January 2024, FortiGuard Labs researchers have also identified more than 1,000 newly registered domain names that incorporate election-related terms and references to prominent political figures. Fraudulent fundraising websites, including secure[.]actsblues[.]com, meant to imitate the legitimate site for ActBlue (secure[.]actblue[.]com), a nonprofit American fundraising platform and political action committee.

    The top two most-used hosting providers for these election-themed websites are AMAZON-02 and CLOUDFLARENET. The reliance on major hosting platforms such as Amazon Web Services (AWS) and Cloudflare suggests that threat actors are leveraging these reputable services to enhance the legitimacy and resilience of their malicious domains.

    A notable concentration of domains is associated with a limited number of IP addresses, indicating a centralized approach by threat actors to efficiently manage multiple malicious domains to execute large-scale cyber campaigns.

    No Shortage of Personal Data Being Sold Aimed at the U.S.
    FortiGuard Labs analysis continues to show a significant number of diverse databases available on darknet forums targeting the U.S., including SSNs, usernames, email addresses, passwords, credit card data, date of birth, and other PII that could be used to challenge the integrity of the 2024 U.S. election. Specific highlights include:

    • Over 1.3 billion rows of combo lists, which include usernames, email addresses, and passwords, signify a considerable risk for credential-stuffing attacks. In such attacks, cybercriminals use these stolen credentials to gain unauthorized access to accounts, making it a valid and substantial security concern.
    • The discovery of 300,000 rows of credit card data, which include CVV, name, card number, expiration date, and date of birth, highlights potential financial fraud risks targeting voters and election officials.
    • Over 2 billion rows of user databases on the darknet indicate a heightened exposure to identity theft and targeted phishing attacks.
    • 10% of the posts on darknet forums are associated with SSN databases, which poses a significant threat by increasing the risk of personal data breaches.

    The U.S. Government Is an Increasingly Attractive Target
    Ransomware attacks targeting government agencies before an election can impact the electoral process and public trust in government institutions. Compared to 2023, the FortiGuard Labs research team observed a 28% spike in ransomware attacks against the U.S. government in 2024.

    The darknet has become a hub for U.S.-specific threats, where malicious actors trade sensitive information and can potentially develop strategies to exploit vulnerabilities. Approximately 3% of the posts on these forums involve databases related to business and government entities. These databases hold critical organizational data that is vulnerable to cyber exploits and are a prime target for threat actors as the elections come and go.

    Recommendations to Prevent and Mitigate Cyberattacks this Election Season
    Cybersecurity measures are critical to safeguard the integrity of the U.S. 2024 presidential election. Following fundamental best practices can help prevent and mitigate the effects of cyber incidents. The full list of recommendations and best practices can be found in the report, but some key takeaways for citizens, business leaders, and election officials include:

    • Always remain vigilant for suspicious behavior or activity leading up to major events and prioritize good cyber hygiene.
    • Prioritize employee training and awareness.
    • Enforce multi-factor authentication and a strong-password policy.
    • Install endpoint protection solutions.
    • Patch operating systems and web servers and update software regularly.

    About the Fortinet FortiGuard Labs Election Security Report

    • This report provides an in-depth analysis of threats observed from January 2024 to August 2024. It examines the diverse array of cyberthreats that may affect U.S.-based entities and the electoral process.

    Additional Resources

    About Fortinet
    Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2024 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Redefine Management Partners with Medmo Delivering Enhanced Medical Imaging Coordination and Outcomes for Patients

    Source: GlobeNewswire (MIL-OSI)

    MATAWAN, N.J. and NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) — Redefine Management, a practice management organization that is leading the way in defining excellence within the pain management and musculoskeletal space, today announced its partnership with Medmo, a comprehensive technology platform that orchestrates medical imaging workflows for providers and patients. Together, they’ll advance their shared interest in providing the best imaging patient experience and access to care possible for the entire population they serve.

    Diagnostic imaging is a critical piece of the care journey for patients with orthopedic or musculoskeletal issues, as it’s often the most effective way to diagnose conditions and create effective treatment plans. Through this partnership, Redefine and Medmo deliver ample patient access and dedicated engagement, as well as the tools to drive increased adherence and efficiency across all imaging orders, while at the same time reducing the overall cost of care coordination related to imaging orders. Medmo seamlessly facilitates imaging orders from start to finish to create better outcomes for all parties.

    “Medmo was easy to implement right into our existing workflow, and we saw immediate results on day one,” said Zack Fox, COO of Redefine Management. “This increased efficiency has positively impacted our practices and has improved the patient experience and outcomes, which is our number one priority. Medmo is fundamentally changing the way imaging orders are facilitated, and ultimately simplifying an element of care that was previously very complex and challenging for patients who are in pain and in need of convenience and ease.”

    “As a result of this partnership, all providers associated with Redefine Management gain immediate access to 15,000+ imaging centers across the country, as well as the ability to easily track and manage imaging orders in real-time,” said Lucas Takahashi, co-founder and CEO of Medmo.

    Redefine is dramatically reducing the time spent on imaging coordination by offloading patient engagement, scheduling, insurance verification, and the retrieval of results to Medmo’s Care Technology. This has allowed Redefine’s staff to spend more time on high-value, patient-facing activities.

    Most importantly, this partnership will address the most common imaging challenges, such as confusion on next steps for patients and lack of appointment visibility for providers. By effectively closing the loop on each patient’s care journey as quickly and efficiently as possible, Medmo will be able to drive better overall adherence, quicker turnaround times, and improved speed to diagnosis and positive outcomes for Redefine’s patients.

    About Medmo
    Medmo is an all-encompassing medical imaging workflow solution for ordering providers. From patient engagement and scheduling, to insurance verification and retrieving results, Medmo creates a consistent loop for providers, staff and patients. Operating in all 50 states and supporting patients with all insurance types, Medmo is an effortless platform that thousands of healthcare providers use to drive adherence and compliance, positive patient experiences and reductions in the operating costs associated with patient coordination. Learn more at https://www.medmo.com/.

    About Redefine Management:
    Redefine Management (https://redefinemanagement.com/) is a healthcare consulting and management company driven by a commitment to excellence in healthcare solutions, specifically in the areas of pain management, orthopedics and musculoskeletal medicine. Their expertise spans strategy & finance, operations, marketing & sales, and more. They cater to a diverse clientele that includes, but is not limited to, medical provider groups, outpatient services, and private equity-backed practices.

    CONTACT:

    Steve Stratz
    For Medmo
    206.300.9134
    steve@relevanzpr.com

    Sarah Banker
    Account Manager
    Office: (800) 239-5572 
    Direct: (856) 404-0651
    Email: svb@themg.co
    http://www.TheMG.co

    The MIL Network –

  • MIL-OSI: Duck Creek Technologies to Showcase its Cloud-Native Platform at ITC Vegas

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Oct. 15, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, will gather with partners, industry leaders, innovators, and professionals to explore the future of insurance technology at ITC Vegas taking place October 15-17, 2024, at the Mandalay Bay in Las Vegas, NV. The company will demonstrate how its innovative technology is helping to reimagine insurance for the digital age.

    Duck Creek will showcase its comprehensive suite of cloud-based solutions designed to help insurers streamline operations, enhance customer experiences, and accelerate digital transformation. Attendees are invited to visit the Duck Creek booth (#1950) to view product demonstrations of:

    • Duck Creek Suite, low-code configuration tools, open APIs and add on products that can be implemented as pieces or one cohesive unit and integrated into the Insurtech ecosystem.
    • Duck Creek Claims, a SaaS solution automates workflows, simplifies data analysis with analytics, and integrates seamlessly into existing systems to streamline the entire process from initial report to final settlement.
    • Duck Creek Distribution Management, a dynamic platform that adapts to a users’ needs, streamlines workflow, and ensures regulatory adherence.
    • Duck Creek Reinsurance, a comprehensive reinsurance management solution that allows insurance carriers to manage reinsurance partners, contracts, bills, recoveries, and payables.

    The company is also sponsoring the Women’s Leadership Forum on October 16 at the Meet-up Series Zone on the Expo Floor. The event will offer a supportive space for open discussions about the unique experiences of women in insurance. Attendees are encouraged to discuss challenges faced, celebrate wins, and share effective leadership strategies. Attendees will also hear from leaders who will explore the future landscape of the industry and focus on how women can seize more leadership positions and opportunities.

    “The insurance industry is at a pivotal moment of digital transformation,” said Bindu Crandall, Chief Marketing Officer of Duck Creek Technologies. “Our solutions are designed to meet the evolving needs of insurers and our presence at ITC Vegas underscores our commitment to driving innovation and helping insurers reimagine their operations for the modern era. Duck Creek is also committed to helping women succeed in the insurance industry, and we’re excited to foster these conversations at the Women’s Leadership Forum.”

    Key highlights of Duck Creek’s participation at ITC 2024 include:

    • Live Demonstrations: See firsthand how Duck Creek’s products empower insurers to optimize policy administration, enhance underwriting, and improve claims management. Demonstrations of the Duck Creek Suite, the company’s flagship end-to-end insurance software platform, featuring its cloud-native architecture, low-code configuration tools, and seamless digital experiences.
    • New Payment Solution: Learn more about Duck Creek Payments Facilitator, a modern, end-to-end payment solution that simplifies insurance carriers’ payments delivering secure transaction capabilities as part of the proven Duck Creek Platform.
    • Networking Opportunities: Connect with Duck Creek’s experts one-on-one to exchange ideas, learn more about the company’s innovative solutions and explore collaboration opportunities.
    • Ecosystem of Integrations: Learn about Duck Creek’s expansive partner network, offering insurers a wide array of pre-integrated solutions.

    Duck Creek experts will be available for one-on-one meetings and product demonstrations throughout the show. Those attendees that schedule a demo with Duck Cruck at ITC Vegas will be entered into a raffle to win a pair of Apple AirPods Max. To schedule a meeting visit: https://www.duckcreek.com/event/itc-vegas-2024/

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

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

    The MIL Network –

  • MIL-OSI: Instant Financial Expands Pay Options With the Launch of Instant Direct, Empowering Employees with Greater Financial Flexibility and Control

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Oct. 15, 2024 (GLOBE NEWSWIRE) — Instant Financial, a leader in fee-free on-demand pay solutions, today announced the launch of Instant Direct, a new solution paving the way for improved employee financial flexibility and freedom. With Instant Direct, employees are more empowered than ever to choose how they want to access their earned wages, expanding the options for seamless, fee-free access to pay. Instant Direct lets employees decide to either transfer their funds to an existing bank account or continue to use the Instant Card, a choice they can make depending on their individual needs and preferences.

    The added flexibility of Instant Direct answers the growing demand for immediate access to wages at a time when financial security and control are top priorities for the U.S. workforce. By providing multiple fee-free options for receiving and accessing funds, Instant makes it seamless for employees to choose the financial ecosystem that works best for them. Instant Direct gives users more flexibility to access their wages on their terms – whether for routine expenses, unexpected emergencies, or financial planning – without waiting for traditional payday cycles.

    Instant Direct also simplifies earned wage access (EWA) for employers, providing the flexibility many HR and leadership teams need. By simplifying communication around employee eligibility and providing multiple EWA models, Instant Direct is helping streamline the implementation process and unlocking operational efficiencies for companies across the U.S.

    Spotlight on Employee Financial Wellness

    The launch of Instant Direct follows the release of Instant’s 2024 Wages & Wellbeing study, which revealed that 82% of workers believe immediate access to same-day pay would significantly enhance their ability to save money. The same survey found that 49% of working Americans reported frequently experiencing financial shortfalls before payday.

    Financial stress is clearly pervasive, and on-demand pay has proven to be a critical tool for individuals seeking economic stability. By offering fee-free access to wages and its new Instant Direct option, Instant helps employees across the U.S. better manage their finances, avoid costly alternatives like payday loans, and increase their ability to plan, save, and invest.

    “Today’s employees expect more options regarding when and how they’re paid,” said Tal Clark, CEO of Instant. “Instant Direct puts that power in their hands, allowing them to take control of their financial decisions and wellness. Instant Direct allows us to meet employees where they are in their financial journeys, providing flexible, fee-free solutions that fit into their lives.”

    Instant Direct is available now. To learn more about how Instant can help reimagine pay cycles for your employees, visit http://www.instant.co/direct. Other non-access fees may apply.

    About Instant Financial
    Instant Financial is a comprehensive employee pay platform providing earned wage access, tip disbursement, and electronic payroll – allowing workers to access their earned wages immediately, whenever, however, and wherever they want. By unlocking on-demand pay, Instant empowers financial freedom and wellness for employees while improving retention and attendance for employers. Compliant across all 50 states, Instant is trusted by leading companies nationwide to bridge the gap between work day and payday. Learn more about Instant and how it can impact your company at http://www.instant.co.

    This card (or the Instant Payroll Card) is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa, U.S.A. Inc. All other trademarks and service marks belong to their respective owners.

    Media Contact
    Sparkpr for Instant Financial
    instant@sparkpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b07707f-0f56-4355-ae6b-f144fa9a84f8

    The MIL Network –

  • MIL-OSI: Empathy Launches LifeVault, Bringing Trusted and Personalized Legacy Planning to Life Insurance Clients Across the U.S.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) — Empathy, the world leader in helping families deal with loss, has announced the launch of its newest product offering, LifeVault™ which makes it easier than ever for Americans to build comprehensive legacy plans. LifeVault represents the next phase of Empathy’s mission to change the way Americans manage the loss of a loved one by making personalized, holistic legacy planning and support more accessible.

    “At Empathy, we support families during some of life’s most challenging moments, starting with our first-in-class product for support after the loss of a loved one, and now with LifeVault which puts the focus on planning ahead,” said Empathy co-founder and CEO Ron Gura. “LifeVault is the next phase of Empathy’s mission — making personalized, holistic legacy planning and support possible for even more families.”

    Most families perceive estate planning as complex, time-consuming, and costly. For these reasons, 67 percent of Americans have no estate plan in place—a number that disproportionately affects middle- and lower-income families.

    With LifeVault, Empathy further establishes its deep understanding of what families need to handle loss in America, leveraging corporate partnerships to support millions of families in their time of need. Empathy’s LifeVault is a white-labeled solution that increases access to estate planning services via thoughtful tailored integrations with trusted life insurance carriers and agents, empowering families with the legacy planning tools they need to make informed choices and move forward in confidence following the loss of a loved one.

    LifeVault will be available to families via financial institutions, empowering them to take control of their legacy with tools and guidance to create more comprehensive roadmaps. By working with trusted and enduring financial institutions, individuals can ensure that their families will be taken care of both financially and administratively––a streamlined experience that will pay dividends to countless families in the years to come as they cope with a new reality following loss.

    Clients will be able to revisit their plans and choices to make updates to a variety of integral legacy planning documents, including: 

    1. Last Will & Testament
    2. Health Care Directive
    3. Power of Attorney
    4. Funeral Directive

    New York Life, the largest mutual life insurance company in the United States, served as an initial design partner with Empathy on LifeVault. The company was the first life insurance carrier to leverage Empathy’s loss support for bereaved families and now is the first insurer to introduce the legacy planning offering.

    “Our ongoing partnership with Empathy well-represents New York Life’s continued commitment to delivering exceptional client and agent experiences through innovation,” said Regina Warga, head of client experience, New York Life. “This includes empowering our agents to deliver further value to our clients and their loved ones through new technologies like Empathy’s latest offering that are designed to strengthen relationships and support families as they build legacies and secure financial futures.”

    With a deep commitment to helping families work through life’s most difficult moments, Empathy is redefining the way that we plan for and deal with loss. Learn more about how Empathy is changing the way the world deals with loss at https://www.empathy.com/.

    ABOUT EMPATHY

    Empathy is a technology company transforming the way the world prepares for and manages the loss of a loved one. With $90 million in total funding from leading tech investors and the largest global insurance carriers, Empathy is at the forefront of the emerging compassionate economy, setting the new standard in family care and modern employment benefits. Founded in 2020 by Ron Gura and Yonatan Bergman, Empathy offers a full range of assistance to those facing grief, estate planning and settlement, probate and more through life insurance benefits or via bereavement leave through an employer. By partnering with Fortune 500 companies and leading insurance carriers, Empathy currently offers services to 40 million covered individuals across the U.S. at no cost to families. Empathy uses its award-winning app and Care Team to carefully assess needs and next steps and complements experiences through time-saving and tech-enabled tools to effectively provide personalized plans, automated workflows and care resources, including an extensive library of articles, guides and meditation tools to support them through their grieving process. With accolades from Apple, Google Play, CB Insights and Fast Company, Empathy is the fastest-growing benefit for insurance carriers and employers alike. Learn more about Empathy at http://www.empathy.com.

    Contact:
    press@empathy.com

    The MIL Network –

  • MIL-OSI: Crunchyroll partners with Bango to boost membership growth through Super Bundling

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, United Kingdom, Oct. 15, 2024 (GLOBE NEWSWIRE) — Crunchyroll has entered into an agreement with Bango (AIM: BGO) to further grow its international subscriber base through bundling partnerships with telcos and other third parties.

    Crunchyroll is the ultimate global brand for all things anime, offering the world’s largest dedicated streaming library with over 25,000 hours of content. With new series arriving every season, it remains the go-to destination for anime fans everywhere. Through its new partnership with Bango, Crunchyroll opens up the bundling of its subscription offer with mobile and broadband plans, as well as other consumer services such as bank accounts and retail clubs.

    As a leader in bundling technology, Bango takes care of all technical aspects of resellers creating and managing subscription bundles. It can also manage targeting offers such as trials and discounts that could include Crunchyroll in future.

    Telcos and other resellers will now be able to offer Crunchyroll in bundles, providing consumers with more cost-effective deals, and less administrative hassle. The partnership also opens up the opportunity for ‘Super Bundling’, making it easier for telcos to build Crunchyroll into their all-in-one subscription platforms and content hubs. Through this Bango agreement, Crunchyroll will be able to further expand its 14 million strong subscriber base through these new, indirect channels.

    Commenting on the partnership, Anil Malhotra, CMO at Bango, said, “Crunchyroll is the number one choice for anime fans across the globe, and bundling through third parties will continue to drive its rapid growth. Indirect subscriptions have become increasingly essential for the SVOD market, and we look forward to helping Crunchyroll capitalize on this emerging trend.

    “As consumers look for more flexibility, and to access more services in one place, Super Bundling represents a clear strategic step forward for brands like Crunchyroll to reach new audiences and further grow their subscriber base.”

    About Bango
    Bango enables content providers to reach more paying customers through global partnerships.

    Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

    The world’s largest content providers, including Amazon, Google and Microsoft, trust Bango technology to reach subscribers everywhere.

    Bango, where people subscribe. For more information, visit http://www.bango.com

    About Crunchyroll
    Crunchyroll is the global anime brand that fuels fans’ love of anime. With the ambition to make anime an even bigger part of pop culture, Crunchyroll offers fans the ultimate anime experience and destination centered around a premium streaming service. Crunchyroll has the largest dedicated anime library, an immersive world of events, exciting theatrical releases, unique games, must-have merchandise, timely news, and more. Anime is for everyone and is accessible to stream across territories through Crunchyroll—whether on the go on mobile, through gaming consoles and big-screen devices at home, or on desktops anywhere.

    Crunchyroll, LLC is an independently operated joint venture between U.S.-based Sony Pictures Entertainment and Japan’s Aniplex, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group.

    Media contact:
    Anil Malhotra, CMO, Bango
    anil@bango.com
    Tel: +44 7710 480 377

    The MIL Network –

  • MIL-OSI: Illumio CloudSecure Achieves AWS Security Competency Status

    Source: GlobeNewswire (MIL-OSI)

    SYNNYVALE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) — Illumio Inc., the Zero Trust Segmentation company, announced today that Illumio has achieved Amazon Web Services (AWS) Security Competency status for its innovative cloud security solution, Illumio CloudSecure. This designation recognizes that Illumio has demonstrated proven technology that helps customers achieve their cloud security goals.  

    Achieving the AWS Security Competency differentiates Illumio as an AWS Partner Network (APN) member that provides specialized software designed to help enterprises adopt, develop, and deploy complex projects on AWS. To receive the designation, APN members must possess deep AWS expertise and deliver solutions seamlessly on AWS. 

    “We’re proud to achieve the AWS Security Competency status, reinforcing our commitment to helping our customers securely accelerate their journey to the cloud,” said Todd Palmer, Senior Vice President of Global Partner Sales and Alliances at Illumio. “Building a consistent Zero Trust strategy across hybrid and multi-cloud environments is vital for protecting AWS workloads. Illumio CloudSecure allows organizations to do just that, empowering teams to author and publish proactive cloud workload segmentation policies at scale using native controls in their public, hybrid, and multi-cloud environments.”

    Illumio CloudSecure provides organizations with a proven and effective way to gain visibility and limit the impact of breaches and ransomware across hybrid and multi-cloud environments. With Illumio CloudSecure, organizations can contain attacks efficiently and cost effectively on applications and workloads in their public cloud environments, across servers, virtual machines, containers, and serverless computing, by preventing unnecessary communications. 

    AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise. 

    The AWS Security Competency designation builds on Illumio’s existing engagement with AWS including its inclusion in the AWS ISV Accelerate Program and Public Sector Partner Program. Illumio was also named a top solution for Zero Trust and cloud security in the 2023 Cloud Security Trends guide by SANS and AWS.

    For more information on how you can secure your applications, cloud environments, and hybrid IT on AWS with Illumio, visit: https://www.illumio.com/solutions/aws. You can also find Illumio’s solutions in AWS Marketplace.

    To learn more about Illumio CloudSecure visit: http://www.illumio.com/products/illumio-cloudsecure or take advantage of a 30-day free trial here: https://www.illumio.com/lp/cloudsecure-free-trial.

    About Illumio 
    Illumio, the most comprehensive Zero Trust solution for ransomware and breach containment, protects organizations from cyber disasters and enables operational resilience without complexity. By visualizing traffic flows and automatically setting segmentation policies, the Illumio Zero Trust Segmentation Platform reduces unnecessary lateral movement across the multi-cloud and hybrid infrastructure, protecting critical resources and preventing the spread of cyberattacks. More information: https://www.illumio.com/

    Contact Information
    comms-team@illumio.com

    The MIL Network –

  • MIL-OSI: Cipher Mining Announces the Signing of Option Agreements to Acquire 1.5 GW of Data Center Sites in West and North Texas

    Source: GlobeNewswire (MIL-OSI)

    Three sites featuring targeted capacity of 500MW each

    Signed option to lease or purchase a total of 580 acres of land, with two sites located in North Texas and one site located in West Texas

    Suitable for both HPC and bitcoin mining data centers

    NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has signed option agreements to acquire the recently announced three sites in West and North Texas from Juvo Energy.

    The three sites are adjacent to transmission assets and in the final stages of approval for interconnection with 500 MW targeted capacity per site. Cipher will be able to exercise the option in the next 24 months to acquire the sites, including 580 acres of land to be either leased or purchased. The ultimate purchase price to exercise the options for the sites will be determined by the number of megawatts actually approved for interconnection. The three sites all have the necessary characteristics for development of HPC data centers or bitcoin mining operations.

    “We have seen increasing demand from hyperscalers for large sites that can be energized within the next three years. By getting involved earlier in the development timeline and process, we can source valuable sites that most of our competitors cannot, spend less for premium sites and improve long-term visibility for our supply chain management and construction functions. These new sites give us tremendous optionality on the expansion of our HPC hosting business,” said Tyler Page, Cipher’s CEO.

    With the addition of these new sites, Cipher’s active portfolio and development pipeline will total 2.5 GW across 10 sites.

    About Cipher

    Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network’s critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.

    About Juvo

    Juvo Energy is a power infrastructure company focused on development of “powered land” sites across the country. Juvo has a growing, active portfolio of over 6 GW. To learn more about Juvo, please visit: https://www.juvo-energy.com

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of and additional bitcoin mining data centers, expectations regarding the operations of mining centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 5, 2024, and in Cipher’s subsequent filings with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Josh Kane
    Head of Investor Relations at Cipher Mining
    josh.kane@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network –

  • MIL-OSI: CarGurus Teams With NFL Legend Drew Brees for “Keys to Success” Campaign

    Source: GlobeNewswire (MIL-OSI)

    Known for his confidence and ability to deliver under pressure, the former NFL quarterback and auto enthusiast is coaching today’s drivers in new digital campaign

    BOSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today launched a new campaign with NFL legend Drew Brees focused on helping today’s drivers feel even more confident and prepared during the car buying and selling process. The “Keys to Success” campaign taps Brees—who is known for his ability to deliver under pressure both on and off the field—to empower all drivers in getting “game day-ready” to feel assured they’re getting the best deal and are in control through the car buying and selling process.

    “CarGurus helps today’s shoppers get ready for their big moment by providing access to thorough vehicle information, the most extensive deal ratings, and the most new and used cars so you know you’re getting the best deal possible,” explained Brees. “So much of performing at a high level is about focusing on the process and having the tools that instill confidence so that by the time you step on the field—or into the dealership—you’re ready to make things happen.”

    As one of the largest financial commitments today’s consumer can make, purchasing a car can be daunting for many. According to a recent CarGurus study2, many game-time decisions can erode a shopper’s confidence:

    • The top three factors that can cause someone to second-guess their car purchase are 1) Not being sure what makes for a fair price (39%); 2) Feeling rushed to make a decision (37%); and 3) The general stress of making such a big purchase/commitment (36%).
    • Nearly two-thirds (61%) of buyers said that negotiating a price is one of the most intimidating aspects of buying a car.
    • Mirroring the trend seen for car buying, 50% of respondents said the most intimidating aspect of selling or trading in a car was getting the most money.

    “Known for his rigorous mental and physical preparation during his professional football career, Drew’s winning combination of steady confidence and rigorous research both on and off the field makes him the perfect confidence coach for today’s drivers, and a natural partner for CarGurus,” said Dafna Sarnoff, CarGurus Chief Marketing Officer. “Car shoppers can identify with Drew’s mindset of gathering the best information and tools available to feel confident that they are getting the best deals for their unique individual needs.”

    The “Keys to Success” campaign will be featured on Instagram, TikTok, Facebook, YouTube, and other digital video placements. See here to learn more about the campaign.

    About CarGurus, Inc.

    CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S.1

    CarGurus also operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

    To learn more about CarGurus, visit http://www.cargurus.com, and for more information about CarOffer, visit http://www.caroffer.com.

    CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

    1Similarweb: Traffic Insights (Cars.com, Autotrader.com, TrueCar.com), Q2 2024, U.S.
    2Methodology: July 2024 survey of 1,501 U.S. licensed residents, 18+

    Media Contact:
    Maggie Meluzio
    Director, Public Relations & External Communications
    pr@cargurus.com

    Investor Contact:
    Kirndeep Singh
    Vice President, Investor Relations
    investors@cargurus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9cd48575-34a4-44b2-90ed-3b28fd021eed

    The MIL Network –

  • MIL-OSI: SolarShare Transforms Global Renewable Energy Investment with Blockchain-Powered Solar Panel Ownership

    Source: GlobeNewswire (MIL-OSI)

    SALVADOR, Brazil, Oct. 15, 2024 (GLOBE NEWSWIRE) — SolarShare is redefining how the world invests in renewable energy by using blockchain technology to tokenize solar farms, enabling global access to clean energy projects. Individuals can now purchase solar panels as Non-Fungible Tokens (NFTs) and earn passive income from the sale of electricity generated by those panels.

    With an impressive annual dividend projected from operational solar farms, SolarShare is making it easier than ever for people to participate in renewable energy investment while helping to decrease dependence on fossil fuels.

    Operating three solar farms in Xique-Xique, Bahia, Brazil, SolarShare is expanding its reach with an ambitious growth plan. Tokenizing solar panels through NFTs gives people from all walks of life an opportunity to invest in and benefit from solar energy production. Investors receive income in USDT, a US dollar-pegged stablecoin generated by the sale of electricity from these farms.

    “Our mission at SolarShare is to open up solar energy investment to everyone,” said William Campbell, CEO and Founder of SolarShare. “We’ve made it possible for anyone, regardless of where they live, to own a piece of solar energy and benefit from the returns it offers. Whether you’re in Asia, Europe, or North America, you can now contribute to a greener world and earn up to 25% annually.”

    SolarShare’s first farm, Sunrise Solar Farm, is a 110kW facility in the sun-rich Xique-Xique region. It produces around 15,000 kWh per month using over 200 DAH Solar 555W Monocrystalline panels. Two additional farms, Sunny Valley and Helios Fields, contribute a combined output of 30,000 kWh, raising SolarShare’s total energy capacity to 45,000 kWh per month. These farms are just the beginning as the company continues to expand in regions with significant solar potential.

    Throughout the year, each farm runs its operations, generating energy that is sold on the Brazilian energy market. The revenue generated from these sales is converted into USDT and distributed among NFT holders based on the investment tier they belong to. To ensure the integrity of operations, all farms are secured with warranties and insurance coverage to address any potential unforeseen circumstances.

    SolarShare’s NFTs come in different tiers, representing varying levels of ownership. The smallest tier, a Solar Unit, is one-fifth of a solar panel, while the largest, Solar Planet, consists of 940 NFTs, equating to 188 solar panels, or a whole solar farm. Investors earn a percentage of the energy generated by these panels, with the staking of SolarShare’s native cryptocurrency, $SOLAR, enabling higher returns of up to 90% of a panel’s output.

    “We’re giving people the power to invest in something that matters,” added Campbell. “It’s not just about financial returns; it’s about having a real stake in the future of clean energy.”

    Brazil’s high solar irradiation has positioned the country as a major player in solar energy production, with a capacity that has grown from under 2GW in 2017 to over 35GW in 2024. As demand for renewable energy continues to rise, SolarShare presents a timely solution by making solar energy investments accessible on a global scale.

    “Brazil’s solar potential is immense, and we’re excited to be at the frontline of this movement,” said Campbell. “Through our partnership with Versole Energia Solar, we’re delivering high-quality solar projects that not only provide financial returns but also help reduce carbon emissions. It’s a win for investors and for the planet.”

    SolarShare’s model offers both financial and environmental benefits. Investors can expect annual returns of up to 25%, depending on energy prices and production levels. Meanwhile, the company’s commitment to sustainability ensures that funds are directed toward expanding solar energy capacity, helping to address the global climate crisis.

    SolarShare has ambitious plans to expand its operations into new regions with greater solar potential. The company is currently exploring additional farms in Brazil, other Latin American countries, and even Saudi Arabia, aiming to reach a global audience.

    “Solar energy is one of the most scalable solutions to the world’s growing energy needs,” Campbell said. “With support from our investors and partners, we’re committed to growing our platform and making SolarShare the go-to solution for solar energy investments.”

    Investing in SolarShare is simple and open to anyone. Investors can visit the SolarShare platform, purchase an NFT representing solar panel ownership, and earn dividends from the energy generated. The platform’s intuitive dashboard lets users track their energy production, earnings, and environmental impact in real time.

    SolarShare invites you to join the renewable energy revolution today. Purchase your Solar NFT, start earning, and contribute to a more sustainable future.

    Together, we can harness the sun’s power and help save the planet.

    Don’t forget to follow us on X, Discord, and Telegram to stay updated.

    In case of any queries, please contact –
    SolarShare Support
    Marketing & Support Team
    Marketing@SolarShare.io

    About SolarShare:
    SolarShare is a blockchain-powered platform that enables fractional ownership of real-world solar panels. By tokenising solar farms, SolarShare allows individuals to invest in clean energy projects and earn passive income. SolarShare is leading the charge in democratising access to renewable energy investments with a focus on transparency, sustainability, and community-driven growth.

    Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7bab472c-8f1c-4e48-abc2-234209bdacd0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ce65aa21-a0bd-4eca-a719-a5a6aa91759f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/48f98475-7228-470f-9f14-48a1675ea0d4

    The MIL Network –

  • MIL-OSI: FIPCOIN Sets New Standard in Cryptocurrency with Stable Value and Guaranteed Returns

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 15, 2024 (GLOBE NEWSWIRE) — The cryptocurrency sector has witnessed a range of innovative products, but few have combined stability with predictable income like FIPCOIN does. Built on the robust Binance Smart Chain (BSC), FIPCOIN offers investors fixed returns independent of market volatility. This unique digital asset blends stability, security, and consistent income, reshaping how individuals and businesses interact with cryptocurrencies.

    FIPCOIN is the brainchild of Mr Piyush Krishna, CEO and Founder of FIP Trade Factory (Fixed Income Platforms), who has an extensive background in managing fintech companies, international banking, and blockchain innovation. With a firm belief in the transformative potential of cryptocurrency, FIPCOIN emerged as the solution to many of the hurdles that traditional finance and existing cryptocurrencies face, such as transaction delays, high fees, and market volatility. FIPCOIN’s operations are supported by Fixed Income Platforms LLC, Bridge Funding & Investments Private Limited and Bridge E-Commerce & Technocrats Private Limited & Wealthwise KB

    At its core, FIPCOIN is designed to maintain its initial buying value, regardless of the turbulent fluctuations that often characterise the cryptocurrency market. This guarantees investors peace of mind by ensuring that their investments retain value while also generating fixed monthly returns. This income is supported by FIPCOIN’s High-Frequency Trading (HFT) activities, which provide steady revenue streams. Such stability makes it an attractive proposition for risk-averse investors looking for a dependable store of value in the ever-changing digital economy.

    The currency also benefits from being backed by reputable fund management firms. FIPCOIN integrates the security of traditional finance with the decentralised power of blockchain technology, making it a unique asset within the cryptocurrency sector. “FIPCOIN is a response to the pressing need for a more stable and reliable investment option in the cryptocurrency sector,” says the CEO. “Our mission is to empower investors by providing them with a predictable income stream while maintaining the integrity of their capital.”

    Traditional fiat-based systems often struggle with slow transaction times, expensive fees, and regulatory inconsistencies. FIPCOIN, leveraging blockchain’s decentralised infrastructure, provides a solution that is faster, more cost-effective, and globally accessible. By bypassing intermediaries, FIPCOIN reduces the costs associated with cross-border payments, enabling seamless international transactions that enhance global commerce.

    Visionary CEO of FIPCOIN, emphasises the coin’s potential: “FIPCOIN represents more than just a cryptocurrency; it’s the future of global payments. We’ve designed it to integrate effortlessly into existing financial systems while also offering unmatched stability and income. It is a game-changer in the world of decentralised finance.”

    FIPCOIN’s most distinctive feature lies in its fixed-income model. While most cryptocurrencies are subject to wild price swings, FIPCOIN offers consistent monthly dividends to its holders. These payments are distributed via a smart contract on the Binance Smart Chain, ensuring transparency, efficiency, and security. This is made possible by the coin’s underlying asset reserve, which supports the dividend payouts.

    “In a world where volatility is commonplace, FIPCOIN’s promise of stable, predictable returns presents a unique advantage,” states the CEO. “Our holders can benefit from the possibility of capital appreciation and consistent income, which is nearly unheard of in today’s digital asset market. However, this is a tried-and-true model we’ve applied since 2018 in our Fixed Income Platforms, where we have consistently provided fixed returns to all our clients. The only change is our transition from traditional fiat currencies to digital currencies.”

    In addition to its innovative economic model, FIPCOIN prioritises security. The platform uses multi-layered encryption and undergoes regular security audits to ensure the safety of users’ assets. Built on Binance Smart Chain’s Proof-of-Staked Authority (PoSA) protocol, the network also benefits from reduced energy consumption and enhanced scalability, further securing its position as a forward-thinking cryptocurrency.

    FIPCOIN is committed to adhering to the regulatory frameworks of various jurisdictions, aiming to build trust and legitimacy in an increasingly scrutinised market. This transparency further bolsters investor confidence, particularly in a landscape often clouded by uncertainty and regulatory challenges.

    FIPCOIN’s ecosystem goes beyond simple payments, emphasising decentralised wallets with multichain functionality that enhances security and usability on both Polygon and Binance Smart Chain. In a bid to democratise film production, FIPCOIN is launching a crowdfunding platform for movies, empowering filmmakers to fund their projects independently.

    The universal blockchain explorer will also enable users to track transactions across multiple blockchains, promoting transparency and trust. Investors can engage in an opinion trading platform with AI-powered bots to share insights and earn rewards while incorporating AI tools for cybercrime prevention, underscoring FIPCOIN’s commitment to security and innovation.

    With a total supply of 1 billion tokens, FIPCOIN has a clear and strategic token distribution model. The initial token supply stands at 200 million, with pre-sale values ranging from $0.80 to $0.90. The team has also planned systematic token burning to reduce the overall supply and encourage scarcity, which should drive up the token’s value over time.

    Looking ahead, FIPCOIN has an ambitious roadmap that includes the development of a decentralised wallet, an opinion trading platform, and a crowdfunding platform for aspiring directors. By Q4 2025, it aims to have fully launched all of its promised use cases, firmly establishing itself as a leader in the cryptocurrency space.

    With an international presence spanning India, Hong Kong, Europe, and Dubai, FIPCOIN is well-positioned to cater to a global audience. The team’s deep understanding of intricate regulatory frameworks and financial systems positions FIPCOIN to lead the way in cryptocurrency innovation.

    “Join us as we pave the way for a new era in cryptocurrency,” urges the FIPCOIN team. “Together, we can redefine the financial sector for investors worldwide.”

    As FIPCOIN prepares for its public presale, scheduled for November 2024, there has never been a better time to get involved. The coin’s ability to provide fixed returns in a market notorious for volatility makes it an ideal choice for both seasoned investors and newcomers.

    To learn more and secure your place in the ecosystem, visit FIPCOIN Presale today and be part of this financial revolution.

    You can also follow us on X, Discord, and Telegram to stay updated.

    In case of any queries, please contact
    Contact Person’s Name: Siva
    Designation: Admin
    Contact Email: admin@fipcoin.ai

    About FIPCOIN:
    FIPCOIN presents a groundbreaking concept in the world of cryptocurrency by offering fixed returns regardless of market circumstances. FIPCOIN guarantees stability by utilising its clients’ extensive cross-border transactions and established High-Frequency Trading (HFT) activities to create steady revenue streams. This unique characteristic establishes FIPCOIN as a dependable digital asset that merges capital growth opportunities with regular monthly profits.

    Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d5ed90ec-8a23-4a15-b70c-aedea97e6a63

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9380015f-0999-454d-8660-7759c918d6db

    The MIL Network –

  • MIL-OSI United Kingdom: City celebrates unique green awards hat-trick

    Source: City of Liverpool

    Liverpool has scored a unique treble at a major international climate change awards ceremony.

    Liverpool City Council’s Urban GreenUP project, which was recently shortlisted for a world Green City Award, won big at the CIRIA 2024 Big Biodiversity Awards.

    Held in London, the city’s innovative nature-based solution programme secured awards in the following categories:

    • CIRIA Innovation Award
    • CIRIA Habitat Creation Project of the Year Award
    • CIRIA Biodiversity Overall Winner

    The EU-funded programme, which has introduced urban raingardens, green walls and pollinators posts around the city centre as well as a number of floating islands in the city’s docks and parks, was also Highly Commended in the ‘Living Green for Climate Change’ category at the World Green City Awards 2024 held in Utrecht.

    The accolades follow hot on the heels of the programme scooping a golden pineapple trophy for its Climate Resilience submission at the 2024 Festival of Place.

    Liverpool has also recently become the world’s first ‘Accelerator City’ for climate action, under UN Climate Change’s Entertainment and Culture for Climate Action (ECCA) programme.

    The title comes in recognition of Liverpool’s impressive commitment to innovation and smart regulation to rapidly decarbonise the live music and TV/Film production sectors – both vital parts of the city’s economy – following several years of developmental work by ACT 1.5, an artist-led research and action effort, and climate scientists from the  Tyndall Centre for Climate Change Research.

    • Liverpool’s Urban GreenUP programme involves a collaboration between the Council, the Mersey Forest and the University of Liverpool. It has set a number of goals to mitigate climate change impact on the city, such as enhancing air quality, reducing flooding risks, improving water management, and increasing urban sustainability.

    For more information go to: https://www.urbangreenup.eu/cities/front-runners/liverpool/liverpool-uk-re-naturing-urban-plan-with-nbs.kl

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: River of Light Shines Bright For All

    Source: City of Liverpool

    With just over a week to go until River of Light returns, Liverpool City Council unveils plans to make the popular event even more accessible, inclusive and engaging.

    Building on the success of last year, the FREE event will once again offer Quiet Hour sessions to accommodate visitors with additional sensory needs. These special sessions will run from 4-5pm on Sunday 27 and Monday 28 October, and the same times on Sunday 3 and Monday 4 November. During these hours, the 12 featured installations will have reduced soundscapes or will operate entirely without sound. Where possible, lighting will also be softened, creating a calmer environment for those with sensory sensitivities.

    This year’s light festival runs from Friday 25 October to Tuesday 5 November, taking place at the same time as Diwali – the Hindu festival of lights. To mark the cultural celebration, on Friday 1 November visitors can enjoy a programme curated by Indian arts organisation, MILAP, featuring performances by the popular Bombay Baja Brass Band and Piano with Bhav between 5-8pm– all taking place near the Rangoli Mirrored Cosmos installation by award-winning artist MURUGIAH.

    The young people’s engagement programme, developed by the City Council’s Culture Liverpool team returns this year and connects young people with three of the event’s featured artists, offering creative, hands-on workshops that encourage artistic expression and learning.

    • Families attending Granby Children’s Centre and Family Hub will have the opportunity to work with MURUGIAH, who will guide participants through the creation of Mandalas – repetitive geometric designs which represent harmony and balance.
    • Students at St John Bosco Arts College will have a masterclass in sign-making from locally commissioned artist Liz Harry, learning the art of communication through visual design.
    • Pupils at Holy Family Catholic Primary School will collaborate with Rachel Darnell and Jorge Fernandez from Australia’s Amigo & Amigo, designing and crafting their very own gnomes – inspired by their 2024 River of Light installation, No Place Like Gnome.
    • Working with the City Council’s Children and Young People’s team, there will also be a guided tour for young people who are part of the Positive Pathways scheme, aimed at those who could otherwise be at risk of being involved with anti-social behaviour.

    The theme for this year’s outdoor trail and the engagement programme is Play, tying into Liverpool’s ongoing pledge to become a recognised UNICEF UK Child Friendly City. The initiative highlights the importance of children’s rights to play, recreation, rest, and leisure, as outlined in the United Nations Convention on the Rights of the Child. #ChildFriendlyLpool

    To get the latest information visit http://www.visitliverpool.com/riveroflight or follow @visitliverpool (X, Facebook and TikTok) or @visitliverpool_ (Instagram).

    River of Light will be part-funded by the UK Government through the UK Shared Prosperity Fund with the Liverpool City Region Combined Authority as the lead authority. Avanti is the official travel partner for the event.

    Liverpool City Council’s Cabinet Member for Culture, Health and Wellbeing, Councillor Harry Doyle, said:

    “We’re thrilled to bring back the quiet hours this year after receiving such positive feedback from visitors in 2023. It brought in a new audience who hadn’t experienced the trail previously, and thanks to some adaptations to the light and sound, they felt part of this massively popular event. 

    “It’s also great to see the return of the workshops – they’re so unique, and the youngsters and the artists always get a huge amount out of the sessions. Encouraging children to express themselves through art and creativity is an incredibly powerful tool that will hopefully inspire future artists.

    “Celebrating Diwali as part of the River of Light is a fantastic way to embrace cultural diversity and unity and we’re delighted to be working with Milap on this. Bringing together communities through art, music, and tradition, fostering a real sense of belonging and is certain to be a highlight of the festival.”

    Alok Nayak, Milap’s CEO and Artistic Director, said:

    “We are excited to be part of River of Light 2024, an event that unites art, culture, and community. At Milap, we believe in the power of the arts to inspire, educate, and bring people together.

    “This is a fantastic opportunity to showcase the richness of Indian arts, while contributing to Liverpool’s dynamic cultural landscape. Diwali, the festival of light, is beautifully reflected in Liverpool’s own light festival, making our collaboration with Culture Liverpool to bring MURUGIAH’s ‘Rangoli Mirrored Cosmos’ to the city even more meaningful.

    “Rangoli patterns are recreated in homes, in designs and works of art worldwide, and this concept will come to life on Liverpool’s waterfront through MURUGIAHS’s unique reimagining. We’re eager to share this experience with the public and celebrate the positive impact of creativity and diversity!”

    Denise Wright, Liverpool City Council’s Family Learning Co-ordinator for Children Centre’s and Family Hubs, said:
    “This is a wonderful opportunity for families with young children to work with a world-renowned artist at one of our main Family Hub sites. The River of Light’s theme of PLAY this year is great for engaging families in rich creative and cultural experiences in their own communities and for connecting families to a major interactive and cultural event in the city.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Trailblazing fostering hub celebrates its first birthday

    Source: City of Sunderland

    Foster with North East was launched last year with the aim of recruiting more foster carers across the North East by offering dedicated support and a specialised recruitment hub working alongside all 12 local authorities in the region.

    Since then more than 850 people have come forward to enquire about becoming a foster carers, many of whom are in the process of being approved as foster carers.

    A direct response to the call for more foster carers, Foster with North East has also been a trailblazer for the Department for Education’s pathfinder project, leading to a further nine spin off schemes now operating in other parts of the country.

    The hub acts as the first port of call for prospective foster carers offering a warm welcome, directing enquiries to their local authority, and providing support throughout the application process.

    It seeks to recruit foster carers from a range of different backgrounds and circumstances in the region to improve the experience of foster carers and offer the best outcomes for children in care.

    While nationally the average length of time from application to approval for anyone applying to be a foster carer is 6 months, Foster with North East have managed to condense this to 4.8 months. And there are plans to do this even quicker.

    The percentage of initial enquiries to Foster with North East from prospective foster carers which ultimately convert into successful applications (regardless of subsequent outcome), is also much higher at 23.1 per cent than the national rate of 12 per cent.. 

    Newly approved foster carers Vicky and Phil Metcalfe are some of the first to be approved as foster carers since the launch of Foster with North East. 

    Speaking about their experiences at the one year on celebration, Vicky said: “Fostering is something I thought about doing for years. Eventually last year I spoke to my husband and said I wanted to do it. We applied, and now here we are celebrating our approval alongside other new carers from the region.

    “Fostering has always been in my mind. I’ve got a son of my own and I just kept thinking that there are kids out there that need that love and care and if I ever needed someone to look after my son, I’d want to know there was somebody out there that would do this for us. We’ve a lot of love to give and to us it was a no brainier to look at fostering.

    “The whole application process with Foster with North East was really smooth, and our social worker was really lovely, she kept us informed and we felt very comfortable talking to her. 

    “The training also included meeting young people who are care experienced and gave us really good insight. It helped us to better understand their side of things.  A lot of what they said was also very positive and really showed how much difference you can make.  

    “Our was son was on board with our plans to foster from the minute we told him. He’s been absolutely brilliant and has welcomed our first child to our home too recently who is fantastic – we couldn’t have asked for a more loving little boy, he’s got the best smile, and he loves to learn, he’s very creative and it’s lovely to see him getting along so well with our son.

    “For anyone thinking about fostering, I’d say that if it’s in the back of your mind go for it. I’ve only been doing it a short time, but I’m all in, this is me now.”

    In its first year:

    • The collaboration between the 12 local authorities has brought together fostering teams, marketing experts and fostering families to support and drive recruitment of new carers.
    • Information sessions, events and pop-up stalls fostering a strong network of support have been held across the region.
    • Foster with North East has provided extensive training, equipping applicants with the tools they need to thrive as foster carers.
    • As the heart of the work lies in the stories of the children and families, Foster with North East has captured the joys of fostering directly from foster carers through several heartwarming video case studies to showcase the real-life transformative power of fostering.

    Daniel Kenny, Hub (Service) Lead for Foster with North East, said: “Foster with North East was created to tackle the decline in foster carers in the region and it’s been fantastic to see the progress and collaborative work over the last 12 months.

    “This has included building and strengthening connections across the region to reach as many people as possible with our fostering message, and ensure we are offering the best service possible to those looking to become foster carers.

    “We’ve had great support from our local authorities and positive feedback from newly approved carers at our celebration event, with some sharing their experiences on camera to shed light on the impact of our hub. The day highlighted everyone’s commitment to improving the lives of children in care, and it was wonderful to share such an important milestone with all those who have been part of our journey and be able to recognise the new foster carers as they embark on their fostering career.

    “We know there’s still a long way to go, as we need even more people from all walks of life to provide the safe homes for children and young people in care whether that’s for one night, a week, for a few months at a time or long-term.

    “But we’re really excited about continuing our work to grow the number of foster carers in the North East fostering for their local authority and ensure every child has a safe and stable home. As more regional hubs are being launched across England, we’re also looking forward to sharing our stories of hope throughout the country and supporting the other hubs.”

    Anyone interested in fostering in the North East, can visit the Foster with North East website here to find out more and make an enquiry.

    Foster with North East is a collaborative partnership between 12 local authorities from across the North East of England. For the first time every, fostering services all across the region are joining forces to recruit much-needed prospective foster carers for vulnerable children and young people.

    Anyone considering fostering in the region will benefit from a united, single support hub. The hub provides additional support for prospective foster carers and is supported by the Department for Education.

    The 12 local authorities involved in Foster with North East are:

    • Darlington 
    • Durham 
    • Gateshead 
    • Hartlepool 
    • Middlesbrough 
    • Newcastle-upon-Tyne 
    • Northumberland 
    • North Tyneside 
    • Redcar and Cleveland 
    • South Tyneside 
    • Stockton-on-Tees
    • Sunderland (Together for Children)

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Council pledges to plant 8,000 trees by 2028

    Source: City of Salford

    Salford City Council has pledged to support the planting of 8,000 trees by 2028, as part of their commitment to fighting climate change.

    The council will work with the Greater Manchester community forest and charity, City of Trees, to identify planting sites for street trees and new woodland areas, and work together to plant the trees over the next four years.

    They will also work with developers in the planning process to plant new trees as part of new developments.

    Trees have a host of benefits, from improving air quality by taking up pollutants and helping to reduce flood risk by intercepting water in their leaves and roots, to releasing chemicals which strengthen people’s immune, hormonal and nervous systems.

    Importantly, they absorb carbon dioxide, helping us in the fight against climate change. A single, fully-grown tree can absorb up to 22kg of carbon every year. 

    Cllr Jane Hamilton, Executive Support Member for Climate Change, Low Carbon and Green Agenda at Salford City Council said “the council declared a climate emergency in 2019 in recognition of the need for more urgent action to combat climate breakdown and ensure the city is as resilient as possible. Responding to climate change is one of the key priorities in our corporate plan, This is our Salford, which aims to create a fairer, greener, healthier and more inclusive city for all.

    “Our pledge to plant 8,000 trees by 2028 is just one of the practical steps we are taking to protect current and future generations from the impacts of climate change.”

    Kevin Wigley from City of Trees said “We have the funding for trees and woods, and so finding suitable locations for them to be planted is a priority of ours. We’re pleased to be working with Salford City Council to identify the best place for the new trees to be planted so their benefits can be enjoyed by residents for generations to come.

    “We would  encourage any other landowners in Salford to get in touch about planting woodlands on their land. Each wooded area contributes to creating a greener, more climate-resilient Salford.”

    To find out more about how Salford is responding to climate change visit Greener Salford.

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    Date published
    Tuesday 15 October 2024

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    MIL OSI United Kingdom –

  • MIL-OSI USA: New Oat Ready for Active Duty Against Crown Rust Disease

    Source: US Agriculture Research Service

    New Oat Ready for Active Duty Against Crown Rust Disease

    Contact: Jan Suszkiw
    Email: Jan.Suszkiw@usda.gov

    October 15,2024

    A team of Agricultural Research Service (ARS) and university scientists has released two new oat germplasm lines to shore up the cereal crop’s defenses against its most devastating fungal disease, known as “crown rust.”

    The team specifically created the oat lines so that they can be crossed with elite commercial varieties to fortify them with new genetic sources of resistance to crown rust, which is caused by the fungus Puccinia coronata f. sp. avenae. Crown rust is a plague of oat worldwide and can inflict grain yield losses of up to 50 percent in unprotected crops.

    The team announced its development of the resistant oat germplasm lines—dubbed CDL-111 and CDL-167—in the May 2024 issue of the Journal of Plant Registration, culminating more than 25 years of germplasm screening, plant genetic mapping, selective breeding and evaluation in greenhouse and field trials.

    “Currently, the majority of the oat varieties with rust resistance carry a gene or two for resistance (often referred to as seedling resistance) to a specific isolate of crown rust,” said Shahryar Kianian, a co-author on the journal paper and research leader of the ARS Cereal Diseases Laboratory in St. Paul, Minnesota.

    However, the crown rust fungus is a genetically diverse pathogen and highly adept at evolving into virulent new forms, called races. This can happen so quickly that the average productive life of an oat variety with seedling resistance is between three and five years, necessitating the use of chemical fungicides in conventional production systems.

    Unchecked, the fungus infects the lower leaves and sometimes the sheafs of vulnerable oat plants, forming round- to oval-shaped pustules packed with masses of orangish spores that can be carried away by wind or rain. Damage to leaves can diminish photosynthesis and disrupt the movement of sugars from the leaves to developing grain, shriveling it and reducing feed value.

    . ARS and university scientists have released two new lines of oat to better fortify this important grain crop’s defense against the fungus that causes “crown rust” disease.

    To even the odds in the oat plant’s favor, the team resorted to a plant breeding strategy called “gene stacking” (or “pyramiding”). A key part of that strategy involved making a series of crosses between a cultivated oat variety and wild relatives, one known as lopsided oat, which carry genes for “adult plant resistance.”

    “Adult plant resistance, sometimes referred to as ‘slow rusting,’ provides the oat plant some immunity—but not complete immunity,” Kianian said. “In this case, the selection pressure on the pathogen to change is reduced, and the plant is not damaged much so that it can still produce and yield grain for the growers.”

    All told, the team stacked offspring plants derived from crosses with three genes for adult plant resistance to crown rust. They then subjected the offspring plants to a trial by fire, of sorts, starting in 2020. In essence, this involved growing them in nursery plots of common buckthorn, a secondary host for crown rust and known source of outbreaks. In the plots, under intense pressure from the disease, two lines of offspring plants consistently fared better than the others, namely, CDL-111 and CDL-167.

    The sturdy oat lines have since been propagated for their seed, which is available for use in variety development programs under a material transfer agreement with ARS, Kianian said. This is to ensure the effectiveness of the gene-stacking strategy if the oat lines are crossed with commercial varieties—regardless of whether they already possess seedling resistance to crown rust.

    By adhering to this requirement, plant breeders can arm elite oat varieties adapted to particular production regions with a one-two punch against the crown rust fungus—a “jab” via seedling resistance and a “right hook” with adult plant resistance.

    “For this, we are also providing molecular markers linked to the three genes that can be used in selecting the lines that carry them,” added Kianian, who collaborated with Eric Nazareno and Kevin Smith—both with the University of Minnesota—Melanie Caffe (South Dakota State University), Roger Caspers (ARS), Howard Rines (ARS, deceased) and Marty Carson (ARS, deceased). Carson started some of the oat work 20 years ago, continuing much of it after retirement, Kianian noted.

    The Agricultural Research Service is the U.S. Department of Agriculture’s chief scientific in-house research agency. Daily, ARS focuses on solutions to agricultural problems affecting America. Each dollar invested in U.S. agricultural research results in $20 of economic impact.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: New bus service will help shoppers get to the city centre

    Source: City of Stoke-on-Trent

    Published: Tuesday, 15th October 2024

    Residents in Norton without a nearby bus service are being encouraged to make the most of a new service.

    Stoke-on-Trent City Council has been working closely with local bus operators to reintroduce a bus service for residents in the area.

    Now the number 42 service is officially up and running after the city council struck a deal with Stantons of Stoke.

    The weekday service, which goes from Ball Green to Hanley via Norton Lane, Milton Crossroads and Abbotts Square in Abbey Hulton, will run on a temporary basis ahead of a more formal tender process.

    Councillor Finlay Gordon-McCusker said: “We have listened to residents, and I am so pleased that we have been able to start the long-awaited bus service along Ford Green Road which residents are so desperate for. The number 42 service will mean residents can easily visit the local shops, the crematorium and the city centre – something they have not been able to do for a long time.

    “The contract for the number 42 is currently only until early next year but it will give us a chance to establish if this service will be viable going forward. We have tried our best to include the areas around Norton which are not currently very well served to give this service the best chance of survival, and we would really encourage residents to make use of this new bus route.”

    The service is being delivered through the city council’s Bus Service Improvement Plan (BSIP) which is being funded by £31.6 million of funding from the Department for Transport (DfT).

    The plan has so far seen the launch of the council’s flagship Affordable Fares scheme which offers discounted bus tickets for adults and young people, the introduction of a number of new bus routes and enhanced services across the city.

    It also comes ahead of the launch of the city council’s new Transport Prospectus which will outline the council’s proposed vision for transport in Stoke-on-Trent through to 2040.

    Keith Stanton, managing director at Stantons of Stoke, said: “We are keen to work closely with Stoke-on-Trent City Council, who are making all this possible.

    “With funding via the Bus Service Improvement Plan we are able to re-establish areas with a bus link, which brings so much with regards to connectivity and inclusion that other areas take for granted.

    “We look forward to future opportunities and we will ensure that the travelling public are provided with a reliable, affordable service.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: NIST Awards $15 Million to ASTM International to Establish Standardization Center of Excellence

    Source: US Government research organizations

    Credit: Have a Nice Day Photo/Shutterstock

    GAITHERSBURG, Md. — The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has awarded $15 million for a center of excellence to support U.S. engagement in international standardization for critical and emerging technologies (CETs) essential to U.S. competitiveness and national security. The new Standardization Center of Excellence will be led by global standards organization ASTM International, with multiple partners from across the standards development ecosystem. 

    “Broad U.S. participation in the international standards process is vital to ensuring global market access for our products and services in the highly competitive and rapidly evolving technologies and that the resulting standards are based on sound science,” said NIST Associate Director for Laboratory Programs Charles Romine. “This first-of-its-kind public-private partnership will help us advance international standardization for the critical and emerging technologies that are changing our lives every day, such as artificial intelligence, quantum technology and biotechnology.” 

    NIST supports the development of standards by identifying areas where they are needed, convening stakeholders and providing technical and scientific guidance and expertise to help stakeholder groups reach a consensus. Broad U.S. participation in the international standards process will support global market access for American products and services. The Standardization Center of Excellence will focus on four broad areas: 

    • Pre-standardization engagement to encourage and ensure private sector-driven participation, especially by underrepresented groups such as small and medium-sized enterprises (SMEs), in international standardization efforts. 
    • Workforce capacity building to create a pipeline of professionals, especially early- to mid-career professionals, who can engage in and lead international standards development efforts. 
    • A collaborative pilot program with NIST to accelerate the development of industry-driven standards where needed for selected CETs.
    • Creation of an information and data sharing hub to serve as a central resource for all stakeholders involved in standardization, with information and tools that are tailored to meet the specific needs and priorities of particular CETs.

    The center’s efforts will align with the U.S. Government National Standards Strategy for Critical and Emerging Technology (USG NSSCET) and its Implementation Roadmap. The center will also support and complement the broader goals of the United States Standards Strategy published by the American National Standards Institute (ANSI), with the goal of ensuring that the U.S. remains a global leader in standardization efforts.

    ASTM International is joined by several initial partners that bring experience in marshaling global expertise for standards development, standards education and workforce development, standards optimization and more. The partners involved include several other standards developing organizations: 

    NIST will provide funding for the center through a cooperative agreement over a five-year period and will actively engage with the center and its stakeholders, providing technical expertise and leadership. Future funding awards will be subject to the availability of funds. 

    MIL OSI USA News –

  • MIL-OSI USA: UConn Deepening Ties to Capital City With ‘UConn IN Hartford’ Initiative

    Source: US State of Connecticut

    Say the words, “UConn Hartford,” and what comes to mind? The stately former Hartford Times building that has served as the flagship university’s downtown campus since its much-hailed renovation and opening in 2017?

    While the main campus is the principal nexus of UConn’s presence in Connecticut’s capital city, it’s but one of a growing number of locations, programs, and initiatives underway that deepen the University’s ties with Hartford.

    In fact, UConn’s presence in Hartford continues to grow, including plans to offer 200 beds of student housing in the bustling downtown Pratt Street district, the recent opening of a nearby research center, the growth of local internships and a planned co-op program, and other initiatives.

    UConn is working with local and state leaders, the city and regional business community, alumni, and others on the “UConn IN Hartford” initiative, which seeks to provide students a community-centered experience in the capital city while they pursue their academics at UConn.

    Gov. Ned Lamont hears about UConn’s future in Hartford (Ashley Stimpson/UConn Foundation)

    Scores of those supporters gathered recently to learn more about the university’s plans and to tour 64 Pratt St., which will be transformed from its former use as a law office into apartment-style units for about 200 UConn Hartford students.

    Lexington Partners will work with Shelbourne Properties and LAZ Investments to jointly develop the apartments, and UConn will lease the space and run it as student housing starting in fall 2026 with on-site resident advisers and a hall director.

    It’s part of a broader vision shared by UConn, state and local leaders, and others to position Hartford as a “college town,” in which students are a major part of Hartford’s culture, economy, and future.

    “These dorms will be a huge boost to our capital city, bringing 200 more UConn students downtown who will reflect the diversity and incredible strength of our state, and who are going to make a name for themselves and change the world in so many different ways,” Hartford Mayor Arunan Arulampalam said at the recent reception.

    Hartford’s diversity is evident at the UConn campus, where the majority of students are either the first generation in their family to attend college, are students of color, or both.

    About 86% received some form of financial aid last year, and about 58% received federal Pell Grants, which are awarded to the neediest students.

    In a 2023 survey, about 70% of UConn Hartford undergraduates said that they would be interested in student housing nearby, but since most said they lived with their parents, the rent would need to be affordable to make it a viable option.

    To expand access to the Pratt Street housing opportunity, the UConn Foundation has launched the new Hartford Residential Scholars Enhancement Fund, which will harness community contributions to provide stipends for qualifying students who want to live in the apartments, but couldn’t otherwise afford it.

    The housing option and the initiative to help qualifying students with the costs are closely aligned with goals in the UConn Strategic Plan, which prioritizes holistic student success, access, affordability, and the strength of UConn’s regional campuses as integral to their host communities.

    Hartford Mayor Arunan Arulampalam says UConn’s plans will be a major boost for the city (Ashley Stimpson/UConn Foundation)

    For UConn Hartford students, the student housing will provide the dual benefit of living in the vibrant downtown setting while having the kinds of supports and community-centered experiences that dorm life offers.

    “Our job as a public university is to create access and opportunities for our students to learn and grow, and in turn they give back to the communities they come from. Right here, UConn Hartford provides a beacon of hope, opportunity, and transformation for our students,” said Mark Overmyer-Velázquez, UConn Hartford’s campus dean and chief administrative officer.

    UConn Hartford is a federally designated Asian American and Native American Pacific Islander Serving Institution and, with about 20% of its population identifying as Hispanic, it is on the threshold of reaching Hispanic Serving Institution status as an emerging HSI. It also has a rich history of engagement with the city in service, academics, and research.

    UConn Hartford students can take classes in more than 36 academic departments and can pursue 10 undergraduate programs and advanced degrees fully in Hartford through the School of Business, Neag School of Education, School of Public Policy, and School of Social Work. They may also elect to transfer to Storrs with the credits they have earned.

    “They have the ability to do all of that at the scale of a small liberal arts college, with all of the rich benefits that UConn offers as a Research 1 university,” Overmyer-Velázquez said.

    UConn’s presence in Hartford also includes the School of Law in the West End; the main campus at 10 Prospect St. and the nearby School of Social Work at 38 Prospect St.; UConn Health’s Health Disparities Institute at 241 Main St.; and the Graduate Business Learning Center, Connecticut Center for Entrepreneurship & Innovation’s BUILD Hartford course, both at Constitution Plaza.

    The newest UConn presence in Hartford is a big one: The University recently opened its new Community Intersections & Innovation Space for research and academic uses at 229 Trumbull St, also known as Hartford 21 (H21), very close to the student housing location.

    UConn is leasing space in that office building to house lecture halls, academic centers, classrooms, and faculty offices, providing opportunities to partner on support for community engagement, and on research projects and research grants.

    UConn President Radenka Maric talks with stakeholders about UConn’s future in Hartford (Ashley Stimpson/UConn Foundation)

    UConn moved its campus from West Hartford to its current location in 2017, and has worked since then to position it as a centerpiece of a thriving capital city by bringing people downtown to learn, live, and support the regional economy.

    The University has also significantly bolstered the wrap-around student services available UConn Hartford and other regional campuses. They include increasing medical and mental health care, adding Husky Harvest food pantries, helping students establish and expand clubs, boosting on-site career services, and other academic and social programs to help build a sense of community and support student success.

    Connecticut State House of Representatives Speaker Matt Ritter, D-Hartford (’07 LAW), noted at the recent reception that after the pandemic, many companies vacated their city office spaces as more employees worked remotely. Student housing like UConn’s planned units are a critical evolution in the vitality of those communities, he said.

    “This is such a big deal because of what it’s going to lead to,” Ritter said. “This is going to be what UConn is about: UConn changes the lives of young people and communities that it impacts.”

    MIL OSI USA News –