Quiver News

HOMEWOOD, Ill., June 12, 2025 (GLOBE NEWSWIRE) -- June 12 2025 – CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$30 million in Tennessee, as part of its 2025 capital investment program . This includes investments in infrastructure, technology, rolling stock equipment, as well as network improvements These projects will help ensure the safe movement of goods and support long-term sustainable growth in Tennessee and across CN’s network.

“We believe that investing in our network is about building for the future. Our continued infrastructure investment in Tennessee will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate.”

- Tracy Robinson, President, and Chief Executive Officer of CN

“The Tennessee Department of Transportation is excited about CN's investments in Tennessee. The approximately $30 million will increase the entire system's fluidity as Tennessee continues to grow, connecting CN with its customers in Tennessee and beyond. The investment will support TDOT's vision of providing a safe and reliable transportation system for people, goods, and services, supporting Tennessee's economic prosperity."

- Dan Pallme, Assistant Bureau Chief – Planning Bureau, Tennessee Department of Transportation

In 2024, CN invested approximately US$36 million in Tennessee for track maintenance and key infrastructure initiatives. Highlights of this investment include:

- Over US$7 million to support the upgrade of the locomotive fueling facility at Harrison Yard.

- More than US$1.3 million for upgrades to CN’s transload facility at its Memphis railyard

Tennessee in Numbers :

• Employees: approximately 655
• Railroad route miles operated: 161
• Community investments: US$ 64,000 in 2024
• Local spending: US$24 million in 2024
• Cash taxes paid: US$8.7 million in 2024
  

Forward-looking Statements
Certain statements by CN included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

Geneva, Switzerland, June 12, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced the renewal of its ISO 9001:2015 (Quality Management Systems) and ISO 14001:2015 (Environmental Management Systems) certifications by AFNOR with zero non-conformities for a three-year cycle. This renewal underscores SEALSQ’s ongoing dedication to delivering high-quality, reliable products and processes while advancing its Environmental, Social, and Governance (ESG) commitments. The renewed certificates will be made available to customers in the coming weeks.

The Significance of ISO 9001 and ISO 14001 Certifications

ISO 9001 is the international benchmark for quality management systems, ensuring consistent delivery of products and services that meet customer and regulatory requirements. The renewal of this certification with zero non-conformities highlights SEALSQ France’s robust quality controls, rigorous processes, and customer-focused approach, guaranteeing that its semiconductor and cybersecurity solutions adhere to the highest industry standards.

ISO 14001 sets the standard for environmental management systems, guiding organizations to reduce their environmental impact through sustainable practices, efficient resource use, and waste minimization. The renewal of this certification demonstrates SEALSQ France’s continued commitment to environmental responsibility, aligning with global sustainability goals and addressing critical challenges like climate change and resource conservation.

Importance for Customers

For SEALSQ’s customers, the renewal of these certifications offers:

• Proven Quality and Reliability: ISO 9001 renewal ensures SEALSQ France delivers cutting-edge semiconductor and cybersecurity solutions with consistent quality, minimizing risks and enhancing customer trust. This is vital for industries where precision and dependability are non-negotiable.
• Sustainable Partnership: ISO 14001 renewal reflects SEALSQ’s dedication to environmentally responsible operations, giving customers confidence in partnering with a company that prioritizes sustainability. This aligns with increasing regulatory demands, such as the EU’s Corporate Sustainability Reporting Directive (CSRD), and supports customers’ own ESG goals.
• Operational Excellence: Achieving certification renewal without non-conformities showcases SEALSQ’s commitment to continuous improvement through the Plan-Do-Check-Act (PDCA) methodology. This translates into reliable products, optimized processes, and innovative solutions that empower customers to thrive in competitive markets.
  
  

Strengthening ESG Commitment

The renewal of ISO 9001 and ISO 14001 certifications reinforces SEALSQ’s ESG strategy, integrating quality, environmental stewardship, and governance. ISO 14001 supports sustainable practices, such as energy efficiency and waste reduction, while ISO 9001 ensures transparent, customer-centric operations. These efforts position SEALSQ as a trusted partner for organizations prioritizing ethical and sustainable practices.

“We are delighted to renew our ISO 9001 and ISO 14001 certifications with zero non-conformities, reflecting our team’s commitment to excellence,” said Carlos Moreira, CEO of SEALSQ. “This achievement highlights our focus on delivering reliable, high-quality solutions while advancing sustainability, ensuring value for our customers and stakeholders.”

About AFNOR

AFNOR, France’s leading certification and standardization body, represents the country in the International Organization for Standardization (ISO). With decades of expertise, AFNOR supports organizations in achieving operational excellence and sustainability through rigorous audits and certifications.

About SEALSQ:
SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.

SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.

For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com .

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

WILLIAMSVILLE, N.Y., June 12, 2025 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE: NFG) Board of Directors approved a 3.9% increase in the dividend on the Company's common stock, raising the quarterly rate from 51.5 cents per share as approved in June 2024 to 53.5 cents per share for an annual rate of $2.14 per share.

National Fuel has paid dividends for 123 consecutive years and has increased its annual dividend for 55 straight years.

This dividend is payable July 15, 2025, to stockholders of record at the close of business on June 30, 2025. The Company has approximately 90.4 million shares of common stock outstanding. It has no preferred stock outstanding.

National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com .

CHARLOTTE, N.C., June 12, 2025 (GLOBE NEWSWIRE) -- Sontara ^® ’s EcoRE bags, now part of the Magnera ^® portfolio, recently received the IDEA ^® Long-Life Achievement Award at IDEA 25, the premier global event for nonwovens and engineered fabrics. Made from cellulosic fibers, Sontara EcoRE material is certified for home composting ¹ and boasts exceptional strength and durability.

By using Sontara EcoRE material, the bags maintain durability and strength without the need for added binders, addressing a common concern with compostable goods.

“With plastic bag bans across many territories worldwide, Sontara’s EcoRE material offers a timely solution for the retail and shopping market as an alternative to traditional synthetic materials. This is only one example of how this strong and sustainable material might be used to solve customer challenges,” said Seth Good, Sontara Product Line Management Director.

“This combination of sustainability and functionality is the perfect example of how Magnera and Sontara continue leading the way in material innovation,” Good added.

Sontara EcoRE is the first nonwoven material of its kind, offering a cost-effective alternative to woven fabrics. By combining carefully selected raw materials with the proprietary Sontara technology, the material can achieve exceptional high strength in all directions without use of binders. This gives it equivalent properties to a textile, making it suitable for high-performance and semi-durable applications like shopping bags.

Leveraging a global platform to support local customers, Sontara’s EcoRE material is available both as a finished bag with options for personalization and as a versatile nonwoven material suitable for any application customers desire.

The compostable cellulosic fibers in Sontara EcoRE bags are just one example of Sontara's innovations, designed to deliver high performance while addressing the increasing demand for renewable and sustainable materials. Magnera, the parent company of the Sontara brand, is dedicated to upholding Sontara’s legacy of innovation, sustainability, and performance across various markets, including wipes, technical nonwovens and healthcare.

“Our innovation team is always looking for new ways to leverage the Sontara capabilities and our expertise to provide new solutions to solve end user problems,” concluded Seth Good, Sontara Product Line Management Director.

About Magnera

Magnera Corporation (NYSE: MAGN) serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. Operating across 46 production facilities, Magnera is supported by over 9,000 global employees.

Magnera’s purpose is to better the world with new possibilities made real. For more than 160 years, the company has delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, Magnera has consistently found ways to solve problems and exceed expectations. The distinct scale and comprehensive portfolio of Magnera’s products brings customers more materials and choices. Magnera builds personal partnerships that withstand an ever-changing world.

For more information, visit magnera.com and sontara.com and follow @Sontara and @MagneraCorporation on social platforms.

For product inquiries: Seth Good, Product Line Management Director, sethgood@magnera.com
For media inquiries: Kylee Agabashian, mediarelations@magnera.com

¹ Material certified “OK compost HOME” by TÜV Austria, meaning they are suitable for home composting. Dispose of this material according to local regulations and available waste collection and treatment facilities. Improper disposal can harm the environment. Do not dispose of in nature. Compostable only in home composting systems under the right conditions.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e9a162fd-218f-40a6-8b16-fa56f4efea32

Landmark Collaboration Marks First Execution Under AgriFORCE’s Power & Compute Initiative with Modular, Efficiency-Aligned Infrastructure Across Five Alberta Sites

Vancouver, British Columbia and West Palm Beach, FL, June 12, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (NASDAQ: AGRI), a mission-driven technology company at the forefront of agriculture, clean energy, and decentralized computing, today announced its first deployment under the Power & Compute Initiative via a binding Letter of Intent (LOI) with BlueFlare Energy ^™ Solutions Inc. (“BlueFlare”).

The agreement outlines a deployment of 1.3 megawatts of modular, natural gas-powered Bitcoin mining infrastructure across five strategically located sites in Alberta, Canada.

Deployment Overview: Five Phases Across Alberta

Under the terms of the LOI, BlueFlare will lead the full-stack delivery of compute infrastructure and energy systems across the following phased sites:

The total project encompasses generators and 315 Bitmain S21 Pro ASIC miners (200 TH/s per unit) and includes comprehensive site deployment, design, integration, and commissioning services.

Technology Stack: Embedded Intelligence & ESG Enablement

This inaugural deployment will leverage BlueFlare’s proprietary platform stack to deliver intelligent and carbon-aware compute infrastructure:

• BlueFlare OS ^™ – Centralized control and visibility for uptime, power usage, and system health.
  
• Performance Optimization Suite – Real-time tuning of fan speeds, voltage, and firmware for peak performance and longevity.
  
• Remote Command Layer – Remote miner management, firmware deployment, and diagnostics.
  
• Predictive Analytics – AI-driven anomaly detection and preemptive maintenance alerts.
  
• Batch Provisioning Tools – Streamlined configuration across all miner fleets.
  

Complementing this is the Carbon Cube ^™ , BlueFlare’s real-time environmental telemetry system for ESG reporting, carbon credit tracking, and site-level sustainability monitoring.

Strategic Execution & Exclusivity

AgriFORCE has submitted a binding deposit toward the first two months of hosting and operations at the Berwyn Phase 1 site. The all-in power and hosting cost is fixed at $0.065 per kWh, excluding consumables and extraordinary repairs.

The full infrastructure deployment is scheduled for completion within 90 days. AgriFORCE has secured a 90-day exclusivity window and Right of First Refusal (ROFR) on the final two phases in Hinton and future BlueFlare opportunities across Alberta and other regions.

Leadership Commentary

“This project puts our Power & Compute Initiative into action with a modular, environmentally intelligent deployment across high-potential Canadian sites,” said Jolie Kahn, CEO of AgriFORCE . “BlueFlare’s integrated engineering and ESG platforms are a perfect fit for our decentralized compute vision. We’re not just building hashrate—we’re deploying intelligent digital assets backed by sustainable infrastructure and advanced operational visibility. The Company reaffirms its commitment to building its Bitcoin Treasury through hodling bitcoin which it mines, and to date, it has continued to hodl all bitcoin it has mined. The Company also plans to augment its bitcoin holdings through further purchases of bitcoin in the market, as capital resources permit.”

Next Steps

The parties intend to finalize definitive agreements—including hosting, power, and site lease arrangements—on or before June 30, 2025 , with initial on-site work to commence immediately thereafter.

About AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI)

AgriFORCE is a mission-first technology company focused on unlocking innovation at the intersection of agriculture, energy, and digital infrastructure. Through its division TerraHash Digital ^™ , the Company delivers modular mining and high-performance computing solutions powered by renewable and recovered energy.

Learn more: www.agriforcegs.com

About BlueFlare Energy ^™ Solutions Inc.

BlueFlare is a decentralized infrastructure company specializing in mobile natural gas generation, compute deployment, and carbon-aware optimization technologies. Its platforms span blockchain, AI, emissions tracking, and energy monetization.

Learn more: www.GoBlueFlare.com

Follow AgriFORCE and TerraHash Digital ^™

AgriFORCE Social Media:

• Instagram: @agriforcegs
  
• Twitter/X: @agriforcegs
  
• Facebook: @agriforcegs
  
• LinkedIn: @agriforcegs
  
• TruthSocial: @agriforcegs

TerraHash Digital ^™ Social Media:

• Instagram: @terrahashdigital
  
• Twitter/X: @THashDGTL
  
• Facebook: TerraHash Digital ^™
  
• LinkedIn: @TerraHash-Digital
  
• TruthSocial: @THashDGTL
  

Forward-Looking Statements

This press release contains forward-looking statements regarding the execution and expansion of infrastructure projects, operational performance, and market growth. These statements are subject to risks including delays in deployment, regulatory uncertainties, supply chain disruptions, and power cost fluctuations. Refer to AgriFORCE’s SEC filings for a full risk discussion. The Company undertakes no obligation to update forward-looking statements except as required by law.

Investor Contact:
AgriFORCE Investor Relations
+1-561-717-1742
www.agriforcegs.com

Vancouver, Canada, June 12, 2025 (GLOBE NEWSWIRE) -- Clearmind Medicine Engages Leading Government and Political Affairs Firm to Advance Psychedelic Therapeutics

Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced it has engaged a prominent government and political affairs consulting and lobbying firm to support its mission of advancing psychedelic-based treatments.

As psychedelics gain traction in the pharmaceutical industry for their potential to treat conditions such as Post-Traumatic Stress Disorder (PTSD) and other mental health disorders, Clearmind recognizes the importance of navigating complex regulatory landscapes and fostering greater acceptance among policymakers in the U.S. The Company has partnered with the esteemed firm to help advance the integration of psychedelic therapies into mainstream healthcare by advocating for informed, science-based regulatory frameworks.

“We are pleased to collaborate with a team of seasoned government affairs experts to help shape the future of psychedelic medicine,” said Dr. Adi Zuloff-Shani, Chief Executive Officer of Clearmind Medicine. “Psychedelics hold immense promise for transforming mental health treatment, but their novelty requires proactive engagement with regulators and policymakers to ensure safe and equitable access. This partnership underscores our commitment to driving progress in this rapidly evolving field.”

The consulting firm, known for its expertise in navigating federal and state regulatory environments, will work closely with Clearmind to educate policymakers on the therapeutic potential of psychedelics, support the development of balanced regulations, and foster strategic alliances to advance the Company’s innovative pipeline, including its lead candidate, CMND-100, currently in Phase I/IIa clinical trials for AUD at prestigious institutions like Yale School of Medicine and Johns Hopkins University.

About Clearmind Medicine Inc.

Clearmind is a clinical-stage psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods or supplements.

The Company’s intellectual portfolio currently consists of nineteen patent families including 31 granted patents. The Company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.

Shares of Clearmind are listed for trading on Nasdaq under the symbol "CMND" and the Frankfurt Stock Exchange under the symbol “CWY0.”

For further information visit: https://www.clearmindmedicine.com or contact:

Investor Relations
invest@clearmindmedicine.com

Telephone: (604) 260-1566
US: CMND@crescendo-ir.com

General Inquiries
Info@Clearmindmedicine.com
www.Clearmindmedicine.com

Forward-Looking Statements:

This press release contains “ forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “ expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission ( “ SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F for the fiscal year ended October 31, 2024 and subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Clearmind is not responsible for the contents of third-party websites.

SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced an initiative to raise up to $500 million to establish one of the world’s first large-scale corporate XRP Treasuries and appoints Chaince Securities LLC as the strategic advisor. This strategic move positions Trident at the forefront of integrating decentralized financial assets into treasury and capital management practices, marking a significant milestone in the evolution of blockchain-native financial infrastructure.

The initiative will focus on the acquisition of XRP tokens as long-term strategic reserves, the deployment of staking mechanisms to generate yield, and deep engagement within the Ripple ecosystem. Trident will collaborate with select infrastructure and application projects, further strengthening its commitment to the advancement of decentralized finance.

To support this initiative, Trident will raise capital through a mix of equity issuance, strategic placements, and structured financing instruments. The Company is currently in discussions with leading crypto foundations and institutional partners to secure favorable token acquisition terms and robust on-chain infrastructure.

The initial rollout of the XRP Treasury is planned for the second half of 2025, subject to regulatory compliance and prevailing market conditions. Trident will provide ongoing updates on deployment milestones, governance frameworks, and reporting standards, in full alignment with public company disclosure practices.

Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, stated, “As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make. We see digital assets as key enablers in the evolution of the global financial landscape. This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer. Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance.”

About Trident
Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape, with a strong focus on Southern Africa and other key developing markets.

Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

Safe Harbor Statement
This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For Investor/Media Enquiries
Investor Relations
Robin Yang, Partner
ICR, LLC
Email: investor@tridentity.me
Phone: +1 (212) 321-0602

Hauppauge, NY, June 12, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX), a diversified industrial and technology company, today announced a renewed focus on accelerating operating income growth through targeted acquisitions, following a breakout first half of fiscal 2025.

Cemtrex reported over $2.3 million in operating income for the first six months of the year, a major shift from the prior year and a clear signal that the Company’s core businesses, particularly Vicon Security, are now generating sustainable profitability. First-half revenue grew to $41 million, up more than 20% year-over-year, driven by strong execution and continued demand across its industrial and security platforms.

“We’ve crossed the profitability threshold, and now we’re going on offense,” said Saagar Govil, Chairman and CEO of Cemtrex. “We’ve spent the last few years rebuilding from the ground up. Today, we’re in a position of strength and focused on acquiring businesses that drive immediate earnings and expand our long-term value.”

The Company is currently conducting in-depth evaluations on two potential acquisition targets and actively evaluating several others. If completed, these transactions are expected to contribute an additional $3 to $4 million in annual operating income, further accelerating Cemtrex’s earnings trajectory.

“Our strategy is simple: buy strong, cash-generating businesses at sensible multiples, integrate quickly, and compound value,” Govil added. “We’re already seeing continued momentum in our core businesses, particularly through new products and customer wins. Acquisitions are an accelerant, not a substitute, for the organic growth we’re already delivering. Since 2021, we’ve nearly doubled revenue and significantly improved margins. The next phase is about scaling what we’ve built, through focused execution and disciplined expansion.”

Cemtrex plans to fund future acquisitions through a mix of internal capital, seller financing, and non-toxic equity raises. Each opportunity will be evaluated for its return on capital, margin impact, and contribution to earnings per share.

There is no assurance any specific transaction will be completed. The Company will provide updates as material developments occur.

About Cemtrex

Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company operating in the Security and Industrial sectors. Its Security segment, led by Vicon Industries, provides advanced video management software, high-performance security cameras, and integrated surveillance solutions for enterprise, government, and critical infrastructure. The Industrial segment, through Advanced Industrial Services (AIS), delivers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. With a focus on innovation, execution, and strategic growth, Cemtrex is committed to enhancing safety, efficiency, and value for its customers and shareholders.

For more information, visit www.cemtrex.com .

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.

SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd (NASDAQ: GCL) (“GCL”), a leading provider of games and entertainment and the indirect parent company of the Offeror, today announced that the Offeror has successfully garnered acceptances exceeding 90% of the total number of issued Shares (excluding Shares held in treasury) (the “Announcement”).

As of 6.00 p.m. (Singapore time) on June 12, 2025, GCL’s indirect subsidiary, the Offeror owns, controls, or has agreed to acquire an aggregate of 100,167,499 Shares representing approximately 92.92% of the total number of issued Shares of Ban Leong Technologies Limited (“Ban Leong”).

Consequently, the Offeror is entitled to, and intends to, exercise its right to compulsorily acquire all the Offer Shares not acquired under the Offer. The Offeror will despatch to the Shareholders who have not accepted the Offer ("Dissenting Shareholders") the relevant documentation in relation to the exercise of its right of compulsory acquisition, together with the prescribed notice under the Companies Act 1967 of Singapore, in due course. Subsequent to such compulsory acquisition, the Offeror will proceed to delist Ban Leong from the Singapore Stock Exchange.

LOOKING AHEAD

As stated in the Offer Document dated May 21, 2025, the acquisition is expected to create potential synergies through economies of scale and improved operational efficiencies. It is also expected to enable new revenue streams, introduce additional sales channels, and enhance both companies’ brand positioning within an integrated gaming ecosystem.

Following the completion of the Offer, GCL will explore opportunities to align with Ban Leong’s marketing and procurement strategies in the consumer electronics and gaming hardware sectors. This may include initiatives such as leveraging Ban Leong’s industry relationships, exploring B2C sales opportunities for gaming peripherals and PC components that complement GCL’s gaming content, and evaluating the feasibility of introducing branded gaming devices pre-installed with GCL titles. GCL and Ban Leong will also assess how the Group’s existing sales and distribution infrastructure across Asia can support the broader commercialisation of GCL’s gaming portfolio. Notwithstanding the foregoing, the Offeror will undertake a comprehensive review of Ban Leong’s businesses and fixed assets to determine the optimal strategy for Ban Leong, post-closing of the Offer.

This press release should be read in conjunction with the full text of the announcement filed by the Company on a Form 6-K, on June 12, 2025, available on the Securities and Exchange Commission (“SEC”) website at www.sec.gov .

No Offer or Solicitation

This news release is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.

About GCL Global Holdings Ltd.

GCL Global Holdings Ltd. leverages its diverse portfolio of digital and physical content to bridge cultures and audiences by introducing Asian-developed IP to a global audience across consoles, PCs, and streaming platforms.

Learn more at http://www.gclglobalholdings.com .

About GCL Global Pte. Ltd.

GCL Global Pte. Ltd. (“GGPL”) unites people through immersive games and entertainment experiences, enabling creators to deliver engaging content and fun gameplay experiences to gaming communities worldwide with a strategic focus on the rapidly expanding Asian gaming market. It is an indirect wholly-owned subsidiary of GCL Global Holdings Ltd.

About Epicsoft Asia Pte. Ltd.

Epicsoft Asia Pte. Ltd. (“Epicsoft Asia”), a wholly-owned subsidiary of GCL Global Pte. Ltd., is a premier distributor of interactive entertainment software. With a robust network and a proven track record of successful game launches, Epicsoft Asia is dedicated to bringing premier gaming experiences to players across Taiwan, Hong Kong, and Southeast Asia.

About Ban Leong Technologies Limited

Ban Leong Technologies was incorporated in Singapore on 18 June 1993 and was listed on the Main Board of the Singapore Stock Exchange on 23 June 2005. The principal activities of the company and its subsidiaries are the wholesale and distribution of computer peripherals, accessories and other multimedia products. It distributes a wide range of technology products, with key segments that include IT accessories, gaming, multimedia, smart technology and commercial products. The company is headquartered in Singapore with regional offices in Malaysia and Thailand.

Forward-Looking Statements

This press release includes “forward-looking statements” made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, and may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements may also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Company, GCL’s ability to scale and grow its business, the advantages and expected growth of the Company, and the Company’s ability to source and retain talent. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of GCL’s management and are not predictions of actual performance.

These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although GCL believes that it has a reasonable basis for each forward-looking statement contained in this press release, GCL cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the proxy statement/prospectus included in the Registration Statement relating to the recent business combination, filed by the Company with the SEC on December 31, 2024 and other documents filed by the Company from time to time with the SEC. These filings may 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. GCL cannot assure you that the forward-looking statements in this press release will prove to be accurate. There may be additional risks that GCL presently knows or that GCL currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of GCL as of the date of this press release. Subsequent events and developments may cause those views to change. However, while GCL may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of GCL as of any date subsequent to the date of this press release. Except as may be required by law, GCL does not undertake any duty to update these forward-looking statements.

GCL Investor Relations:
Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185

Directors’ Responsibility Statement pursuant to the Singapore Code on Take-overs and Mergers

The sole director of the Offeror and the directors of GGPL (including those who may have delegated detailed supervision of the preparation of this press release) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this press release are fair and accurate and that there are no other material facts not contained in this press release, the omission of which would make any statement in this press release misleading, and they jointly and severally accept responsibility accordingly.

Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from Ban Leong (including without limitation, relating to Ban Leong and its subsidiaries), the sole responsibility of the sole director of the Offeror and the directors of GGPL has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, accurately reflected or reproduced in this press release.

Getty Images’ “Sustainability at the Crossroads” report provides visual guidance grounded in consumer insights to support companies in aligning their communications with business actions.

• Sustainability is still top of mind: 69% of global consumers say climate change directly affects their daily lives.
• Brands are expected to lead: 86% of consumers believe businesses should use their resources to improve society and the environment.
• Visuals make or break trust: Consumers demand imagery that reflects real impact.
  
  

NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- Getty Images (NYSE: GETY), a preeminent global visual content creator and marketplace, has today released the latest report from its VisualGPS global insights platform - Sustainability at the Crossroads . This study maps out the latest consumer sentiment around sustainability and offers actionable insights and data-driven guidance to help brands communicate CSR commitments with authenticity, clarity, and impact in a rapidly evolving media landscape.

With the report finding 69% of consumers worldwide recognize the direct impact climate change currently has on their daily lives, the issue is becoming an increasingly personal reality . Amid this growing awareness and as the issue takes center stage in public discourse, some brands and organizations are treading carefully in how they communicate their efforts or if they do so at all. A response aligned with the trend of “greenhushing”.

Visual analysis in the report traces this evolution: from symbolic imagery like polar bears in 2006, to stark, real-world depictions of climate impacts such as floods, fires, and displacement around 2018–2022. More recently, the trend has shifted from clarity to conceptual representation, with brands adopting abstract visuals signaling sustainability without making direct claims. However, research suggests that staying silent may carry its own risks: nearly 9 in 10 consumers worldwide believe businesses should use their resources to improve society and the environment.

At the same time, skepticism is rising: 76% of consumers worldwide question the credibility of brands’ environmental claims, and 2 out of 3 globally doubt that companies are genuinely committed to sustainability. As pressure builds around accountability, the report underscores the need for brands to communicate with clarity, backing up ESG strategies with visual storytelling that is authentic and aligned with real-world impact.

“What years of studying sustainability imagery has shown me is that the commercial focus on sustainability surges in times of cultural urgency and recedes in moments of economic pressure or shifting priorities,” said Dr. Rebecca Swift, Senior Vice President of Creative at Getty Images . “We are now in that period of pull back, but this new VisualGPS research tells us that consumer expectations are louder and more urgent than ever. People want to see real action, and they want to believe in the impact they are seeing. Visual storytelling is a key vehicle for answering this call.”

As climate risk becomes increasingly tied to business risk, the report supports brand leaders, marketers, and communicators in aligning their visual narratives with their strategic sustainability goals. Key insights from the report include:

• Authenticity over perfection : 81% of consumers want to see visuals that show how the environment is being affected as a direct result of climate change, favoring transparent and realistic imagery that shows both progress and challenges over idealized or symbolic depictions.
• Balance eco-anxiety with eco-optimism : 78% want to see how things are improving—whether through individual, corporate, or policy-driven action. Powerful storytelling should blend impactful imagery with tangible actions, showing both environmental challenges and proactive solutions.
• Highlight the potential of new technologies : 83% of consumers believe AI could positively impact the climate crisis within the next five years . However, concerns about AI’s carbon footprint are real. Only 41% see AI as having a positive impact on energy efficiency. As generative AI continues to grow, its environmental impact should be considered when visualizing technology. Brands can leverage visuals that have a deep focus on the benefits and real-world impact of all technological innovation to inspire trust and drive engagement.
• Make sustainability accessible : 81% want to see images and videos that reflect how people have been personally affected—especially those in the communities most impacted. Inspire action with relatable visuals that highlight simple, everyday habits, reinforcing that sustainable choices can seamlessly fit into daily life for all.
• Show integration, not isolation : 75% of consumers want to see visuals showing how companies and governments are addressing climate change, not just in isolated campaigns. Show sustainability as a core brand value. Companies that seamlessly embed sustainability into their identity—through product design, messaging, and customer experience, when backed by honest, unambiguous visuals, will foster deeper emotional connections and lasting trust with consumers.
  
  

To download the full Getty Images’ VisualGPS report, Sustainability at the Crossroads , click here .

Image credits: Artur Debat/Getty Images

Methodology:

Getty Images’ VisualGPS Reports offer unparalleled visual and creative intelligence backed by a rigorous methodology that combines visual insights from over 60 visual content and advertising experts with cultural insights, proprietary search and download trends from Getty Images and iStock (+ 2.8 billion searches each year), and consumer perspectives from ongoing global consumer surveys covering over 250 topics. In partnership with a world‑class global research firm MarketCast, this research platform has been tracking shifts in consumers’ needs consistently over the past six years. Data for the “ Sustainability at the Crossroads ” report was gathered through global VisualGPS consumer surveys conducted between July 2022 and July 2024. The research included adults aged 18 and above, with survey sample sizes ranging from 5,300 to 7,000 respondents. The research covered 25 countries, including Australia, Brazil, France, Germany, Italy, Japan, Spain, Singapore, the UK, US, and others.

Media contact:
Ilse Noguez
ilse.noguez@gettyimages.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3ac83ba6-0ce1-4cf0-83d7-43bfa07cb643
https://www.globenewswire.com/NewsRoom/AttachmentNg/ccbb2cba-543e-4123-adcd-759340c9318c
https://www.globenewswire.com/NewsRoom/AttachmentNg/f578d92c-5800-4cf1-a418-def752646fe0

SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Jeff Runyan has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $330 million in advisory, brokerage and retirement plan assets* and joins LPL from Wedbush Securities.

Based in Beverly Hills, Calif., Runyan grew up in Missouri, where his passion for financial discipline took root early and deepened over time. After beginning his career in wealth management in 2001, he set out to fulfill a lifelong dream of building his own firm. In 2010, he founded Runyan Capital , an independent firm dedicated to delivering an elevated wealth management experience. With over two decades of experience in investment management, Runyan remains grounded in the midwestern values that shaped him, earning a reputation as a trusted advisor known for thoughtful guidance and a deep commitment to helping clients make confident, informed financial decisions.

“Our guiding principle is: ‘Discipline Makes the Difference,’” Runyan said. “The Runyan Capital process of building portfolios for each client incorporates behavioral economics research, taking a disciplined and proactive approach that helps prevent reactionary changes, aligns with each client's individual goals, and contributes to their long-term success.”

Looking for improved technology offerings, more autonomy and the opportunity to amplify the elevated client experience, the Runyan Capital team, which includes Connor Brumfield, Sam Aamot and Jenni Runyan, Jeff’s wife, turned to LPL.

“We chose to partner with LPL because of its size, scale and reputation, as well as their impressive integrated and streamlined technology ,” Runyan said. “Making the move to LPL will allow us to take our business to the next level and provide our clients with an enhanced level of service.”

Outside of work, Runyan enjoys spending time with his wife and two children and is an avid endurance athlete, having run marathons around the world. He has served on several boards, including the Rotary Club of Beverly Hills, PIMCO’s Investment Management Member Advisory Board for Financial Advisors and The Friends of Greystone in Beverly Hills. A proud alumnus of the University of Missouri, he remains an active supporter of its faculty and programs and is a lifetime member of the university’s Chancellor’s Fund for Excellence.

Scott Posner, LPL Managing Director, Business Development, said, “We welcome Jeff, Connor, Sam and Jenni to the LPL community and congratulate them on this milestone in the evolution of their practice. Just as the Runyan Capital team offers their unwavering dedication to their client’s financial success, we are committed to helping our advisors differentiate themselves and enhance the client experience. We look forward to supporting Runyan Capital in this next chapter of their business.”

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

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com .

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Runyan Capital and LPL Financial are separate entities.

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

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

*Value approximated based on asset and holding details provided to LPL from end of year, 2024.

Media Contact:
Media.relations@LPLFinancial.com

Tracking #752320

WOODS CROSS, Utah, June 12, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has filed a Waste Management Recycling Permit application to Utah regulators. If approved, the permit would allow the Company to operate a combined oil sands extraction and waste asphalt shingle recycling facility at its PR Spring site, unlocking new commercial pathways and expanding revenue-generating operations.

The application is accompanied by a request to the School and Institutional Trust Lands Administration (SITLA), the Utah state agency responsible for managing trust lands on behalf of public education, for approval of a combined permit structure. This would allow Sky Quarry and its wholly owned subsidiary, 2020 Resources, to consolidate shingle processing, heavy oil extraction, and asphaltic sand production under a unified sustainable waste energy development plan.

If approved, the permit would open the door to several operational initiatives at the PR Spring site, including:

• Commercialization of approximately $1 million in asphaltic sand inventory.
• Deployment of the Company’s ECOSolv process to support on-site heavy oil extraction.
• Continued advancement of recycled product development through R&D.
• Demonstration of scalable remediation methods applicable across U.S. markets.

Sky Quarry projects a combined recovery of approximately 10 million barrels over a 15-year period from oil sands and recycled shingles, based on the PR Spring facility’s operating capacity of 2,000 barrels per day.

“This is a critical step in scaling our waste-to-energy platform and creating multiple revenue streams from a single operational footprint,” said David Sealock, Chief Executive Officer and Chairman of the Board of Sky Quarry. “It will allow us to showcase how our blended recycling and extraction model functions at a commercial level.”

The permit application also represents a meaningful step forward in Sky Quarry’s commercial roadmap, aligning with the Company’s long-term vision to integrate recycling and resource recovery. It is expected to:

• Enable early-stage cash flow from asphaltic sand and oil sales.
• Strengthen the Company’s ESG and sustainability profile.
• Enhance the long-term strategic value of its oil sands assets.
  

Mr. Sealock continued, “This application and lease proposal reflects our continued progress toward developing scalable, commercially viable solutions that we believe align with Utah’s economic and environmental priorities. We look forward to working closely with SITLA and state regulators to move this vision forward.”

About Sky Quarry Inc.

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

Forward-Looking Statements

This press release may include ''forward-looking statements.'' All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025, as well as the Company’s Form 10-Q as filed with the SEC on May 15, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

Investor Relations
Jennifer Standley
Director of Investor Relations
Ir@skyquarry.com

Company Website
www.skyquarry.com

LOWELL, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”) , a leading supplier of semiconductor products, announced a new suite of high performance RF solutions designed to meet the demanding requirements of advanced radar systems. Many of these solutions will be demonstrated in MACOM’s Booth 943 at the upcoming International Microwave Symposium (IMS) on June 17 to 19, 2025 in San Francisco, CA.

Information about these new RF solutions can also be found at www.macom.com .

About MACOM
MACOM designs and manufactures high-performance semiconductor products for the Telecommunications, Industrial and Defense, and Data Center industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more, visit www.macom.com .

Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: stephen.ferranti@macom.com

CORNELIUS, N.C. and PHILADELPHIA, June 12, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a leading force in AI-driven retail innovation, announced today a definitive licensing agreement with VSBLTY Groupe Technologies Corp. (OTC: VSBGF), a company specializing in AI-based security and retail analytics solutions. This agreement signals a deepening commercial relationship rooted in Alpha Modus’ robust patent portfolio.

"This deal is more than a license—it’s validation of our technology’s growing adoption in the smart retail ecosystem,” said Tom Gallagher, Chief Revenue Officer of Alpha Modus. “Our IP continues to drive value not only through enforcement but also through synergistic deployments with next-generation retail platforms like those offered by VSBLTY.”

"We’re excited to align with Alpha Modus in this meaningful way,” added Jay Hutton, Chief Executive Officer of VSBLTY. “Their pioneering work in real-time consumer intelligence aligns perfectly with our mission to redefine the retail experience through AI and advanced analytics.”

Under the newly signed license agreement, Alpha Modus and VSBLTY are exploring an expansion into a broader partnership. Discussions are underway to integrate VSBLTY and, Shelf Nine LLC, into the Alpha Modus ecosystem as preferred retail media and technology partners.

As part of the strategic dialogue, Alpha Modus intends to begin reselling both VSBLTY and Shelf Nine’s AI-driven retail display and media solutions, further amplifying the collective market impact.

The licensing deal is expected to contribute materially to Alpha Modus’ revenue streams while simultaneously broadening the company’s footprint in high-traffic commercial environments enhanced by smart technologies.

This announcement marks yet another milestone in Alpha Modus’ aggressive IP monetization strategy, which includes settlements, licensing, and strategic partnerships across the AI retail tech landscape.

For more information and to access Alpha Modus’ press room, visit: https://alphamodus.com/press-room/

About Alpha Modus Holdings, Inc.
Alpha Modus Holdings, Inc. (NASDAQ: AMOD) is an AI-first technology company focused on redefining retail environments through intelligent automation, consumer engagement analytics, and data-driven retail solutions.

About VSBLTY

Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”) is the world leader in Artificial Intelligence and real time interpretation of what a CCTV and other cameras see. By utilizing facial recognition, age and gender, VSBLTY’s proprietary technology can effectively enhance retail brand engagement and data analytics measurement through customized ads on instore digital displays at point of purchase in real time. This technology has been proven to increase brand sales by over 25%. The firm is also recognized for its leadership role in the growing “Store as a Medium” movement that enables brands to reach customers with paid media ads when and where buying decisions are being made while producing a new revenue stream for retailers. Most recently, VSBLTY has been building object recognition software to identify products by SKU, at the point of checkout, to integrate this capability into their retail media network offering to retailers and large CPG brands that lack customer information and transaction data at

the point of sale. Using its proprietary AI software, and the various data collected using their software, VSBLTY has also developed a range of security solutions that include not only facial recognition but weapon recognition utilizing modern surveillance cameras and legacy CCTV cameras. VSBLTY has the capability to create a proactive security system rather than a reactive security system, providing early warning of threats that can save lives. Data collected through the platform can inform large scale deployments for smart city, private state and federal municipal security programs including border control.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’s actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’s expectations with respect to future performance.

Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

Investor Relations - Alpha Modus Holdings, Inc.
Email: ir@alphamodus.com
Website: www.alphamodus.com

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Investor Relations - VSBLTY Groupe Technologies Corp.

Linda Rosanio, 609-472-0877
lrosanio@vsblty.net

Harbor Access
Jonathan Paterson, 475-477-9401
Jonathan.Paterson@Harbor-Access.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fd6ab3d9-e77e-479d-b812-6b79bca39435

BOSTON, MA, June 12, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the formation of its Game Advisory Board to support strategic growth initiatives and deepen engagement with the online game community.

The Game Advisory Board brings together a select group of industry leaders with expertise in innovative marketing, emerging technologies, strategic partnerships, and operational scale. Appointed members include Trey Smith, Nik Redenko, Greg Engelsbe, Jared Peterson, Peter Voogd, and Nadeem Dossa.

“Netcapital’s platform is well positioned to resonate with the online game community, which shares our focus on innovation, engagement, and community-driven progress,” said Martin Kay, CEO of Netcapital Inc. “We’re honored to welcome this group of advisors as we expand our relationship with a dynamic digital ecosystem.”

In connection with their appointments, the Company has granted each Game Advisory Board member stock options under its 2023 Equity Incentive Plan.

About Netcapital Inc.

Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company's consulting group, Netcapital Advisors , provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc . is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

Forward Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor Contact

800-460-0815 ir@netcapital.com

FREDERICK, Md., June 12, 2025 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today is proud to announce it has been honored with the prestigious "Disinfection and Decontamination Products Company of the Year 2025" award by MedTech Outlook. This recognition highlights TOMI’s unwavering commitment to excellence and the strong confidence customers and industry peers have in its SteraMist iHP technology.

The selection process for this esteemed award involved an evaluation conducted by an expert panel of highly respected C-level executives, influential industry thought leaders, and a distinguished editorial board. Their collective assessment led to SteraMist emerging as the clear leader in disinfection and decontamination products for 2025.

"We are incredibly honored to receive this prestigious award,” stated Dr. Halden Shane, CEO of TOMI Environmental Solutions. “This recognition validates our ongoing commitment to providing the most effective and trusted disinfection and decontamination technology to our customers. We are especially grateful for the support and the industry experts who recognized our efforts."

SteraMist remains dedicated to advancing its innovative iHP technology and maintaining its position at the forefront of the disinfection and decontamination industry, continuously striving to exceed the expectations of its global customer base.

TOMI™ Environmental Solutions, Inc.: Innovating for a safer world®

TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ ) is a global decontamination and infection prevention company, providing environmental solutions for disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage hydrogen peroxide as its only active ingredient and uses patented ionized Hydrogen Peroxide (iHP™) technology in all SteraMist systems to create superior disinfection. TOMI products are designed to service a broad spectrum of use sites, including, but not limited to, hospitals and medical facilities, biosafety labs, pharmaceutical facilities, commercial and office buildings, schools, restaurants, meat and produce processing facilities, and police and fire departments.

For additional information, please visit http://www.steramist.com or contact us at info@tomimist.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to TOMI’s products. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, our ability to maintain and manage growth and generate sales, our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law.

INVESTOR RELATIONS CONTACT:
John Nesbett/Rosalyn Christian
IMS Investor Relations
tomi@imsinvestorrelations.com

SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- HomesToLife Ltd (Nasdaq: HTLM) ( “HomesToLife” or the "Company" ) , a Singapore-based home furniture company with sales across Asia-Pacific, Europe and North America regions, today announced unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”).

The Company posted net revenue of $5.2 million in Q1 2025, up 405% from net revenue of $1.0 million in Q1 2024. This increase was driven by a $4.4 million revenue contribution from HTL Far East Pte. Ltd. (“HTL Far East”), the Company’s Asia sales subsidiary launched in November 2024. Revenue from HomesToLife Pte. Ltd., the Company’s Singapore retail business, declined 19% year-over-year to $840,000, but this business improved its gross margin to 73% compared with 68% in Q1 2024.

Net income for Q1 2025 was $125,000, or $0.01 per share, compared with a net loss of $74,000, or $(0.01) per share ¹ , in the same period last year.

The Company’s overall gross margin declined to 26% in Q1 2025, from 68% in Q1 2024, primarily due to the lower gross margin of 17% achieved by HTL Far East. This change in revenue mix resulted in a lower blended gross margin year-over-year.

Operating expenses rose by $394,000, partly due to $336,000 in Nasdaq listing-related costs, which were not present in Q1 2024.

“The successful ramp-up of our HTL Far East business has not only produced a fivefold increase in revenue in Q1 2025, it is continuing to rapidly expand our reach and customer base across the region,” said Ms. Phua Mei Ming, Chief Executive Officer of HomesToLife.

“With the additional acquisition of HTL Marketing Pte Ltd (“HTL Marketing”), our B2B supplier of upholstered sofas and leather sofa materials, in May 2025, we are now positioned to expand beyond Asia and scale globally.

“By building a strong upstream export and sourcing platform, HomesToLife is evolving into a multi-market B2B furniture leader with a growing global footprint,” added Ms. Phua.

The above financial highlights are reflected in the following chart:

Cash flow from operating activities turned positive at $1.4 million in Q1 2025, compared to a net outflow of $1.5 million in the same period last year. Net cash used in investing and financing activities totalled $101,000 and $775,000, respectively.

As of March 31, 2025, the Company remained in a net cash position with no bank borrowings. Cash and cash equivalents increased to $3.9 million, up from $3.4 million at December 31, 2024.

Outlook for 2025

Looking ahead, HTL Far East is expected to sustain its strong revenue momentum as it continues expanding across the Asia-Pacific region. In addition, HTL Marketing is projected to contribute between US$250 million and US$280 million in revenue for the full year.

Total revenue for 2025 is expected to be between $260 and $290 million.

For the remainder of 2025, the Company will continue to maintain a robust liquidity position, providing financial flexibility to support its strategic growth initiatives while meeting near-term operational and financing needs.

About HomesToLife Ltd

HomesToLife Ltd is the holding company of HomesToLife Pte. Ltd., one of the leading home furniture retailers that offers and sells customized furniture solutions in Singapore; HTL Far East Pte. Ltd., a company dedicated to sourcing, distributing, and delivering premium furniture and related products to the business sector across the Asia-Pacific region; and HTL Marketing Pte Ltd, a leading B2B procurer and supplier of premium upholstered sofas and leather materials for sofa manufacturing, with sales across Asia-Pacific, Europe and North America regions.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect financial condition, results of operations, business strategy and financial needs of the Company and its subsidiaries. Forward-looking statements can be identified by the words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Contacts

HomesToLife Ltd Contact:

6 Raffles Boulevard, #02-01/02
Marina Square, Singapore 039594
Email: Investor@homestolife.com

Investor Relations Inquiries:

Skyline Corporate Communications Group, LLC
Scott Powell, President
Office: (646) 893-5835
Email: info@skylineccg.com

¹ The loss per share for Q1 2024 was calculated based on a lower weighted average share count of 13.25 million shares, compared to 14.69 million shares in Q1 2025.

NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a base quarterly dividend of $0.75 per share in aggregate for the second quarter of fiscal 2026, declaring the following three monthly dividends for the quarter ended August 31, 2025:

“Continuing our strong dividend distribution history and recent monthly payment frequency, our board of directors approved an aggregated dividend for the second quarter of fiscal 2026 of $0.75 per share, paid in monthly dividends of $0.25 per share per month. Annualizing this dividend rate implies a 12.5% dividend yield based on Saratoga’s recent stock price of $24.08 per share on June 10, 2025. Our board of directors is pleased to continue delivering attractive returns to our shareholders via solid and consistent dividends,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment.

These are the second dividends declared for fiscal year 2026.

Historical Dividend Distributions

Shareholders will have the option to receive payment of the dividend in cash or receive shares of common stock pursuant to the Company’s dividend reinvestment plan (“DRIP”). Saratoga Investment shareholders who hold their shares with a broker must affirmatively instruct their brokers prior to the record date if they prefer to receive this dividend, and future dividends, in common stock.  The number of shares of common stock to be delivered shall be determined by dividing the total dollar amount by 95% of the average of the market prices per share at the close of trading on the ten (10) trading days immediately preceding (and including) the payment date.

About Saratoga Investment

Saratoga Investment is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Saratoga Investment’s objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments. Saratoga Investment has elected to be regulated as a business development company under the Investment Company Act of 1940 and is externally managed by Saratoga Investment Advisors, LLC, an SEC-registered investment advisor focusing on credit-driven strategies. Saratoga Investment Corp. owns two active SBIC-licensed subsidiaries, having surrendered its first license after repaying all debentures for that fund following the end of its investment period and subsequent wind-down. Furthermore, it manages a $550 million collateralized loan obligation (“CLO”) fund and co-manages a joint venture (“JV”) fund that owns a $400 million collateralized loan obligation (“JV CLO”) fund.  It also owns 52% of the Class F and 100% of the subordinated notes of the CLO, 87.5% of both the unsecured loans and membership interests of the JV and 87.5% of the Class E notes of the JV CLO. The Company’s diverse funding sources, combined with a permanent capital base, enable Saratoga Investment to provide a broad range of financing solutions.

Forward Looking Statements

This press release contains historical information and forward-looking statements with respect to the business and investments of the Company, including, but not limited to, the statements about future events or our future performance or financial condition. Forward-looking statements can be identified by the use of forward looking words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including, but not limited to: changes in the markets in which we invest; changes in the financial, capital, and lending markets; an economic downturn or a recession and its impact on the ability of our portfolio companies to operate and the investment opportunities available to us; the impact of interest rate volatility on our business and our portfolio companies; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policy and its impact on our portfolio companies and the global economy; the impact of supply chain constraints and labor shortages on our portfolio companies; and the elevated levels of inflation and its impact on our portfolio companies and the industries in which we invests, as well as those described from time to time in our filings with the Securities and Exchange Commission.

Any forward-looking statement speaks only as of the date on which it is made. The Company undertakes no duty to update any forward-looking statements made herein or on the webcast/conference call, whether as a result of new information, future developments or otherwise, except as required by law. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2025 and subsequent filings, including the “Risk Factors” sections therein, with the Securities and Exchange Commission for a more complete discussion of the risks and other factors that could affect any forward-looking statements.

Contacts :
Saratoga Investment Corporation
535 Madison Avenue, 4th Floor
New York, NY 10022

Henri Steenkamp
Chief Financial Officer
Saratoga Investment Corp.
212-906-7800

Lena Cati
The Equity Group Inc.
212-836-9611 / lcati@equityny.com

Val Ferraro
The Equity Group Inc.
212-836-9633 / vferraro@equityny.com

VALENCIA, Spain, June 12, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that it has been granted a new patent for its innovative system designed to integrate energy storage and expand photovoltaic generation in upstream installations. The patented system provides a unique method for enhancing energy efficiency and flexibility in self-consumption solar power systems—particularly those configured to prevent surplus energy from being injected into the electrical grid.

The patent, (#iP202430282) issued by the Spanish Patent and Trademark Office, covers Turbo Energy’s proprietary system and procedure that enable the addition of energy storage (retrofit) and/or new photovoltaic panels (repowering) to existing installations without requiring complex retrofitting or integration with legacy components. This breakthrough technology ensures that excess photovoltaic energy can be stored and utilized at times of reduced solar generation, significantly optimizing energy usage and minimizing reliance on the external power grid.

Unlike conventional systems that regulate or limit generation to prevent grid discharge, Turbo Energy’s patented solution introduces a novel “compensation value” concept. This maintains a predefined minimum grid consumption level, effectively bypassing the limitations of zero-injection configurations. As a result, the system maximizes surplus energy capture and storage during peak production hours and enables seamless scalability of solar infrastructure.

“This patent represents a major leap forward in distributed energy innovation,” stated Mariano Soria, CEO of Turbo Energy. “Our novel solution empowers solar energy users to take full control of their energy production and storage capabilities, overcoming a critical technical barrier that has long restricted the growth and efficiency of self-consumption systems. We are very proud to continue leading through technological and engineering innovation, underpinned by our goal of powering a more sustainable and intelligent energy future for our customers across the globe.”

The newly patented technology is already incorporated into Turbo Energy’s next generation of energy management solutions, marketed as SUNBOX Home for residential applications, SUNBOX Industry for commercial and industrial applications and SUNBOX Utility for utility-scale projects.

About Turbo Energy, S.A.

Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management.  Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies.  For more information, please visit www.turbo-e.com .

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information, please contact:
At Turbo Energy, S.A.
Dodi Handy, Director of Communications
Phone: 407-960-4636
Email: dodihandy@turbo-e.com

Pioneering Technology Adoption to Drive Efficiency and Safety in the Bunker Sector

SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- iOThree Limited ("iO3" or the "Company") (NASDAQ: IOTR), a pioneering provider of digital solutions for the maritime industry, is proud to announce the deployment of its V.Sight Artificial Intelligence (AI) video analytics camera surveillance system across the bunker vessel fleet of Singfar Group, a leading name in Singapore’s shipping and bunker vessel operations. This milestone marks a significant step in supporting Singfar Group’s digitalisation journey—enhancing real-time situational awareness, advancing safety innovation, and automating workflows to enable smarter fleet management and fuel optimisation across its maritime operations.

The phased implementation of iO3’s V.Sight AI system began in the second quarter of 2024, with plans to fully equip Singfar’s entire fleet in due course. Tailored to meet the unique needs of ship operations, V.Sight leverages advanced AI-driven video analytics to provide real-time insights that bolster safety and improve operational efficiency. The system’s ability to set AI-monitored thresholds also generates alerts and notifications, empowering Singfar to take proactive action on potential safety or operational risks. This initiative reflects Singfar’s forward-thinking approach to modernizing vessel operations and embracing the digital transformation sweeping across the maritime sector.

Joanna Soh, Chief Commercial Officer at iO3, shared, “Digital adoption in maritime must deliver measurable value and address real operational challenges. Our collaboration with Singfar Group reflects this principle—using AI-powered video analytics not as a novelty, but as a practical tool to enhance oversight, strengthen accountability, and support smarter decision-making.”

In an industry where incidents can carry significant financial and environmental repercussions, Singfar’s decision reflects its proactive stance on risk management. The V.Sight system goes beyond traditional monitoring by using AI to track critical vessel functions, offering early warnings and mitigating the risk of costly or hazardous incidents. Additionally, its robust analytics facilitate compliance with emerging regulations, reinforcing Singfar’s role as an industry leader in responsible, innovative practices.

“At Singfar, we recognize technology as a catalyst for transformation – driving us to lead the industry forward while exceeding evolving regulatory and operational expectations,” said Jeffrey Kong, Head of Ship Management at Singfar Group. “Integrating iO3’s AI-powered system allows us to strengthen our fleet’s efficiency, elevate safety standards, and redefining operational excellence within the bunker industry.”

Through this deployment, iO3 not only helps Singfar Group strengthen its leadership in technological adoption within the bunker industry but also accelerates its own mission to deliver scalable, efficient, and tailored digital solutions for the maritime sector. This collaboration underscores the growing importance of innovation, adaptability, and digital transformation in shaping the future of global maritime operations.

ABOUT Singfar Group

Singfar Group is a Singapore-based company focused on sustainable shipping and maritime energy solutions. It operates an eco-friendly logistics and trading platform that combines physical measures—such as the use of alternative fuels and energy-saving technologies—with digital tools like real-time fleet management, IoT sensors, and machine learning. Singfar aims to reduce emissions, improve operational efficiency, and support the transition to cleaner maritime transport.

ABOUT iO3

iO3 is a leading provider of Maritime Digital technologies, offering a comprehensive range of solutions and services to optimize vessel operations, enhance safety, and improve overall efficiency. With a commitment to driving digital innovation in the maritime industry, iO3 empowers shipowners to adapt to evolving market demands and embrace the benefits of advanced technologies. For further information, visit www.io3.sg and https://www.linkedin.com/company/io3-pte-ltd .

Forward-Looking Statements

All forward-looking statements, expressed or implied, in this release are based only on information currently available to the Company and speak only as of the date on which they are made. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions in this release. Except as otherwise required by applicable law, the Company disclaims any duty to publicly update any forward-looking statement to reflect events or circumstances after the date of this press release. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov .

Contact for media enquiries:

Joanna Soh
Chief Commercial Officer
iOThree Limited
E: marketing@io3.sg/ js@io3.sg
M: +65 9672 2760

PITTSBURGH, June 12, 2025 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced today the company has successfully developed 3D organoid models exclusively for Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services.

As part of an ongoing agreement, Predictive Oncology recently developed two distinct and unique 3D liver toxicity models exclusively for Labcorp, including a human and rat model. Both models represent the liver microenvironment and can be used for the evaluation of both drug metabolism and liver toxicity related to drugs.

“The intention of these 3D organoid models is to enable the prediction of in vivo drug clearance, drug transport and hepatotoxicity related to drugs,” said Dr. Arlette Uihlein, Senior Vice President Translational Medicine and Drug Discovery for Predictive Oncology. “These models provide highly relevant, species-specific data based on their physiologic hepatic microenvironments while also capturing hepatic cellular heterogeneity.”

These and other 3D organoid models developed by Predictive Oncology substantially complement its AI-driven 2D platform and 3D spheroids, which utilize human tumor samples to accelerate drug discovery and identify relevant biomarkers across thousands of patients. The platform relies on Predictive Oncology’s vast biobank of over 150,000 frozen tumor samples.

"Labcorp is committed to developing and using new approach methodologies (NAMs) in preclinical studies. These models show great promise to enable more rapid evaluation of new potential medicines and help accelerate their availability to patients,” said John Kendrick, Ph.D., NAMs scientific strategy lead at Labcorp. "With this foundation in place, Labcorp will consider expanding this work into other species to support wider preclinical analyses and translate between animal and human models for these new alternative approaches.”

According to Grand View Research , with the growing investment in personalized medicine and biotechnology, organoid-based platforms are key drivers to disrupting healthcare, accelerating drug development, reducing reliance on animal models, and paving the way for next-generation therapeutic solutions. Organoids are transforming disease modeling, drug discovery, and regenerative medicine, offering cost-effective and high-fidelity alternatives to traditional research methods.

The functional 3D organoid models developed for Labcorp with specialized matrices and media supplements provide insights into cancer therapeutic behavior in patients. Data sets demonstrating optimal liver morphology and function were generated, including cell junction formation (ZO-1 staining); transferrin staining within hepatocytes; DCFDA staining for hepatotoxicity measurements; canalicular structure visualization; and cell viability confirmation (up to 14 days).

About Predictive Oncology

Predictive Oncology is on the cutting edge of the rapidly growing use of artificial intelligence and machine learning to expedite early drug discovery and enable drug development for the benefit of cancer patients worldwide. The company’s scientifically validated AI platform, PEDAL, is able to predict with 92% accuracy if a tumor sample will respond to a certain drug compound, allowing for a more informed selection of drug/tumor type combinations for subsequent in-vitro testing. Together with the company’s vast biobank of more than 150,000 assay-capable heterogenous human tumor samples, Predictive Oncology offers its academic and industry partners one of the industry’s broadest AI-based drug discovery solutions, further complimented by its wholly owned CLIA laboratory facility. Predictive Oncology is headquartered in Pittsburgh, PA.

Investor Relations Contact:

Mike Moyer
LifeSci Advisors, LLC
mmoyer@lifesciadvisors.com

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward- looking statements reflect Predictive Oncology’s current expectations and projections about future events and are subject to substantial risks, uncertainties and assumptions about Predictive Oncology’s operations and the investments Predictive Oncology makes. All statements, other than statements of historical facts, included in this press release regarding our strategy, future operations, future financial position, future revenue and financial performance, projected costs, prospects, changes in management, plans and objectives of management are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “would,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Predictive Oncology’s actual future performance may materially differ from that contemplated by the forward-looking statements as a result of a variety of factors including, among other things, factors discussed under the heading “Risk Factors” in Predictive Oncology’s filings with the SEC. Except as expressly required by law, Predictive Oncology disclaims any intent or obligation to update these forward-looking statements. Predictive Oncology does not give any assurance that Predictive Oncology will achieve its expectations described in this press release.

GAITHERSBURG, Md., June 12, 2025 (GLOBE NEWSWIRE) -- Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) (“Shuttle Pharma” or the “Company”), a discovery and development stage specialty pharmaceutical company focused on improving outcomes for cancer patients treated with radiation therapy (RT), announces that its Board of Directors have approved a proposed reverse stock split of its common stock at a ratio of 25-for-1. The proposed action remains subject to approval by Nasdaq and, if approved, the Company will issue a subsequent announcement disclosing the effective date.

At the effective time of the reverse stock split, every 25 shares of the Company's issued and outstanding common stock will be automatically reclassified and combined into 1 share of common stock. This will reduce the number of issued and outstanding shares of common stock from 26,210,037 shares to approximately 1,048,401 shares, without giving effect to rounding. The split will also apply to Company common stock issuable upon the exercise of the Company's outstanding RSU grants and warrants. No fractional shares will be issued; instead, any fractional entitlements will be rounded up to the next highest whole number at the participant level.

The reverse stock split is part of Shuttle’s strategic plan to maintain compliance with Nasdaq’s continued listing requirements, while also strengthening the Company’s long-term capital structure.

About Shuttle Pharmaceuticals

Shuttle Pharma is a discovery and development stage specialty pharmaceutical company focused on improving the outcomes for cancer patients treated with radiation therapy (RT). Our mission is to improve the lives of cancer patients by developing therapies that are designed to maximize the effectiveness of RT while limiting the side effects of radiation in cancer treatment. Although RT is a proven modality for treating cancers, by developing radiation sensitizers, we aim to increase cancer cure rates, prolong patient survival and improve quality of life when used as a primary treatment or in combination with surgery, chemotherapy and immunotherapy. For more information, please visit our website at www.shuttlepharma.com .

Safe Harbor Statement

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include, but are not limited to, statements concerning the development of our company. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the “Risk Factors” section of Shuttle Pharma’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 26, 2025, as well other SEC filings. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, Shuttle Pharmaceuticals specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Shuttle Pharmaceuticals
Chris Cooper
Chief Executive Officer
info@shuttlepharma.com

Investor Contacts
Lytham Partners, LLC
shph@lythampartners.com

HUNTSVILLE, Ala., June 12, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that Jim Jenkins, CEO, President and Executive Chairman, and Roger Shannon, Chief Financial Officer, will attend the 15 ^th Annual ROTH London Conference being held June 24-26, 2025.

Mr. Jenkins and Mr. Shannon are scheduled to host on-site one-one-one and small group meetings with institutional investors during the event.

15 ^th Annual ROTH London Conference
Date: Tuesday, June 24, 2025 – Thursday, June 26, 2025
Location: Four Seasons Hotel London at Park Lane, Hamilton Place, London, UK
Format: In-person 1x1 and Small Group Investor Meetings
Attendees: Jim Jenkins, CEO, President and Executive Chairman, and Roger Shannon, Chief Financial Officer

For more information about the 15 ^th Annual ROTH London Conference or to schedule a one-on-one meeting with Lakeland management, please contact your ROTH representative or email your request to LAKE@mzgroup.us or call Chris Tyson at (949) 491-8235.

About Lakeland Fire + Safety

Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, such as fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mixture of end users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.

For more information concerning Lakeland, please visit the Company online at www.lakeland.com .

Contacts
Lakeland Fire + Safety
256-600-1390
Roger Shannon
Chief Financial Officer
rdshannon@lakeland.com

Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
LAKE@mzgroup.us
www.mzgroup.us

IRVINE, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- ReShape Lifesciences ® (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health solutions company, today announced the signing of an exclusive U.S. distribution agreement with Recon Supply. Through this new strategic partnership, Recon Supply will distribute ReShape’s cutting-edge portfolio, including the STIMEL-03 neuromuscular rehabilitation device, the next-generation Lap-Band® 2.0 FLEX, and the full range of ReShape products, across the Veterans Administration (VA) and Department of Defense (DoD) healthcare systems. This collaboration will expand access to proven, life-changing treatments for more than 18 million U.S. veterans and active military personnel.

“This agreement with Recon Supply marks a pivotal step forward in ReShape’s mission to expand access to innovative medical technologies that improve lives,” stated Paul F. Hickey, President and Chief Executive Officer of ReShape Lifesciences. “Through Recon’s extensive footprint across the VA and DoD healthcare systems, we look forward to bringing our FDA-cleared STIMEL-03 system, a cutting-edge neurorehabilitation platform that is transforming clinical care with real-time EMG biofeedback and personalized electrical stimulation, to veterans and military personnel recovering from stroke, injury, or surgery. Additionally, the Lap-Band® 2.0 FLEX, our next-generation, minimally invasive weight loss solution, offers a safe, adjustable option for individuals struggling with obesity. Together, these technologies reflect our commitment to delivering high-impact, clinically proven solutions to patients in need, including those who have served our country.”

“Partnering with ReShape Lifesciences aligns perfectly with our mission to deliver innovative, life-changing medical solutions to those who have served our country,” added Steve Clark, Chief Executive Officer of Recon Supply and a U.S. Marine Corps veteran. “With established access to VA and DoD facilities through our Distribution and Pricing Agreement (DAPA), Federal Supply Schedule (FSS), and Electronic Catalog (ECAT) contracts, this agreement allows us to expand the reach of ReShape’s most impactful technologies—including the STIMEL-03 rehabilitation system and the Lap-Band® 2.0 FLEX. These solutions are well-suited to the complex needs of the veteran and active-duty populations we serve. Since relaunching in 2022, Recon Supply has grown over 113% year-over-year and now distributes to 102 VA Medical Centers nationwide, with a team made up almost entirely of veterans and veteran spouses. We are proud to partner with ReShape to bring these vital solutions to the men and women who have sacrificed for our country.”

About Recon Supply
Recon Supply is a trusted distributor of medical products and technologies, specializing in providing high-quality solutions to federal agencies and healthcare systems. As a Service-Disabled Veteran-Owned Small Business (SDVOSB), Recon Supply is dedicated to delivering the most innovative medical technologies while actively supporting the veteran community through hiring initiatives. With a focus on excellence and reliability, Recon Supply is committed to enhancing patient care through innovative partnerships. For more information on Recon Supply, visit www.Recon-Supply.com

About ReShape Lifesciences®
ReShape Lifesciences® is America’s premier weight loss and metabolic health-solutions company, offering an integrated portfolio of proven products and services that manage and treat obesity and metabolic disease. The FDA-approved Lap-Band® System provides minimally invasive, long-term treatment of obesity and is an alternative to more invasive surgical stapling procedures such as the gastric bypass or sleeve gastrectomy. The investigational vagal neuromodulation system utilizes a proprietary vagus nerve block and stimulation technology platform for the treatment of type 2 diabetes and metabolic disorders. The Obalon® balloon technology is a non-surgical, swallowable, gas-filled intra-gastric balloon that is designed to provide long-lasting weight loss. For more information, please visit www.reshapelifesciences.com .

Forward-Looking Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those discussed due to known and unknown risks, uncertainties, and other factors. These forward-looking statements generally can be identified by the use of words such as "expect," "plan," "anticipate," "could," "may," "intend," "will," "continue," "future," other words of similar meaning and the use of future dates. Forward-looking statements in this press release include statements about the expectations regarding the distribution arrangement of Recon Supply. These and additional risks and uncertainties are described more fully in the company's filings with the Securities and Exchange Commission, including those factors identified as "risk factors" in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. We are providing this information as of the date of this press release and do not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise, except as required by law.

CONTACTS
ReShape Lifesciences Investor Contact:
Paul F. Hickey
President and Chief Executive Officer
949-276-7223
ir@ReShapeLifesci.com

Investor Relations Contact:
Rx Communications Group
Michael Miller
(917)-633-6086
mmiller@rxir.com

KUALA LUMPUR, Malaysia, June 12, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a next-generation provider of customizable AI, robotics, and automation platforms, today issued financial guidance for the fiscal year ending December 31, 2025. The Company is forecasting FY2025 revenue of approximately US$22.3 million, a 92% year-over-year increase compared to US$11.6 million in FY2024.

This sharp growth trajectory is being driven by robust commercial adoption of Sagtec’s proprietary AI-powered Robotics-as-a-Service (RaaS) and software platforms, which are being deployed across multiple high-growth sectors, including hospitality, logistics, and smart retail. Expansion into underserved markets in Southeast Asia and the Gulf region is also contributing significantly to the Company’s pipeline.

FY2025 Financial Highlights & Strategic Growth Catalysts

Key Investor Highlights:

• Rapid deployment of AI robotics across Malaysia, Indonesia, Hong Kong, and the UAE
• Recurring revenue growth via SaaS + RaaS subscription models
• Expansion of proprietary platform stack into logistics automation and smart retail
• Strategic investment in AI intellectual property, software licensing, and backend infrastructure
• Increasing operating leverage through modular platform standardization
  

Platform Momentum and Sectoral Expansion

Sagtec’s AI-powered service robotics platform, launched in Q2 2025, is already being adopted by leading hospitality and F&B groups. The platform combines hardware leasing, computer vision, and predictive analytics into a modular, revenue-generating stack. Management expects a strong acceleration in annual recurring revenue (ARR) through high-margin upselling of AI features, smart workflow automation, and cross-sector integrations.

“This forecast reflects our conviction in Sagtec’s platform scalability, market readiness, and execution discipline. We are building a high-margin, high-velocity business model with AI at its core,” said Kevin Ng, Chairman, Executive Director, and CEO of Sagtec. “With a growing client base, expanding IP, and intensifying regional demand, 2025 is shaping up to be an inflection point for Sagtec’s long-term value creation.”

Strategic Focus: Emerging Markets and Smart Automation

Sagtec is strategically targeting digitally underserved economies in Southeast Asia and the Middle East, where rising labor costs and digital transformation tailwinds create an urgent demand for automation. In tandem, the Company is doubling down on platform R&D to extend its AI applications from hospitality to logistics, retail operations, and smart city automation.

To support scalable growth, Sagtec is actively investing in:

• Core AI algorithm optimization
• Hardware-agnostic automation interfaces
• Seamless RaaS and SaaS monetization across verticals
• Regional support infrastructure and partner enablement programs

Upcoming Earnings Call

Sagtec will announce its first half 2025 financial results and host earnings call in July 2025, providing investors with further visibility into:

• Revenue composition and ARR momentum
• Client acquisition and market entry performance
• Operational and margin expansion initiatives

About Sagtec Global Limited

Sagtec Global Limited (NASDAQ: SAGT) is a leading provider of customizable AI and automation platforms. Focused initially on the F&B sector, the Company now serves cross-sector industries with its proprietary Robotics-as-a-Service (RaaS) and AI software stack. Sagtec also operates a nationwide network of mobile charging stations through its subsidiary, CL Technology (International) Sdn Bhd.

For more information on the Company, please log on to https://www.sagtec-global.com/ .

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable U.S. securities laws. These statements are not historical facts, but rather are based on the current expectations, assumptions, and projections of Sagtec Global Limited (the “Company”) regarding future events. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “projects,” “seeks,” “may,” “will,” “should,” “could,” “estimates,” “potential,” or similar expressions, including the negative thereof.

These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the Company’s ability to expand its regional presence, scale its Robotics-as-a-Service (RaaS) and Software-as-a-Service (SaaS) offerings, strengthen its AI software and automation infrastructure platforms, and commercialize its AI-powered service robotics; as well as broader risks relating to macroeconomic conditions, geopolitical developments, global health crises, competitive dynamics, and evolving data privacy and cybersecurity regulations.

The Company disclaims any obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise, except as required under applicable law. Investors are cautioned not to place undue reliance on any such forward-looking statements.

Further information on these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission.

Contact Information:

Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Phone: +6011-6217 3661
Email: info@sagtec-global.com

NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- K Wave Media (Nasdaq: KWM), a global integrated entertainment company, today announced its upcoming slate of film and drama releases for the second half of 2025. Simultaneously, KWM continues executing its Bitcoin (BTC) Strategic Reserve Plan, reinforcing its unique hybrid growth and financial strategy.

Strengthening Global Content Pipeline

Since its Nasdaq debut on May 14, 2025, KWM has accelerated production across multiple content verticals through its fully integrated platform spanning content investment, production, distribution, and merchandising.

Beginning this summer, KWM will release a diverse lineup targeting both domestic and international audiences via Netflix, major broadcasters, and distributors.

Key titles include:

• Soju Wars (Produced by The Lamp Co., Ltd., distributed by Showbox) — Premiered in late May.
• If We Were (Produced by Covenant Pictures, distributed by Showbox) — Starring Koo Kyo-hwan and Moon Ga-young, directed by Kim Do-young, renowned for Kim Ji-young, Born 1982 .
• Trigger (Produced by Bidangil Pictures, starring Kim Nam-gil and Kim Young-kwang) — A hyper-realistic crime drama premiering on Netflix in July 2025 with a budget of KRW 23 billion (approx. USD 17 million).
• Aema (Directed by Lee Hae-young, starring Lee Ha-nee, Bang Hyo-rin, Jin Seon-kyu, and Jo Hyun-chul) — Set in the 1980s Chungmuro film scene, releasing later this year on Netflix.
• Mary Kills People (Starring Lee Bo-young and Lee Min-ki) — A medical crime drama set to air on MBC.
• The Mediator Project (Starring Han Seok-kyu and Bae Hyun-sung) — An office comedy tackling societal disputes, airing on tvN.

BTC Strategic Reserve: Financial Innovation Meets Content Expansion

Following its IPO, KWM launched a $500 million Standby Equity Purchase Agreement to fund its Bitcoin acquisitions. This BTC-based reserve strategy aims to hedge against inflation and currency risk while providing capital flexibility to fuel content growth.

KWM also announced plans to integrate Bitcoin and approved digital currencies as payment options for its content platforms, merchandise, and K-pop investments — pioneering new monetization models in the Web3 entertainment economy.

“Through our diversified content pipeline, we aim to deepen global audience engagement while building long-term investor value,” said a KWM executive. “Our Bitcoin treasury strategy enhances financial resilience amid global uncertainties, creating a sustainable K-content ecosystem supported by high-margin IP models including remakes, spin-offs, and merchandising.”

“KWM is uniquely positioned with asymmetric upside: scalable K-drama, film, and K-pop IP growth combined with long-term Bitcoin appreciation potential,” added KWM management. “This is not a hype-driven model, but a disciplined foundation for sustainable long-term revaluation.”

About K Wave Media (KWM)

K Wave Media’s Bitcoin Strategic Reserve Plan merges financial innovation with Korea’s globally recognized entertainment IP, placing the company at the forefront of the Bitcoin economy and the emerging Web3-K-content ecosystem.

Founded in 2023 and headquartered in the Cayman Islands, KWM is a diversified entertainment company with operating companies in Korea producing high-quality K-content, K-pop merchandising, and K-entertainment investments.

With a strong focus on creator empowerment and blockchain integration, KWM delivers unique customer experiences to a global audience. The company is redefining the intersection of entertainment, technology, and finance by building an ecosystem that supports decentralized ownership, real-time creator monetization, and crypto-native engagement.

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company's actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including market conditions, regulatory developments, and the Company's ability to successfully integrate the acquired business. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Media Contact
Red Rooster PR
Evan Sneider
esneider@redroosterpr.com

TEL AVIV, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. ( NASDAQ: HUBC ) (“HUB” or the “Company”), a global leader in confidential computing and advanced secured data fabric technology, today announced that it is in full compliance with all applicable listing requirements of the Nasdaq Capital Market.

Nasdaq has formally confirmed that HUB satisfies both the minimum bid price and the market value of listed securities (MVLS) thresholds under Listing Rules 5550(a)(5) and 5550(b)(2), the “Bid Price” and “MVLS Rules,” respectively. This milestone follows a period of strategic restructuring, improved financial execution, and strengthened corporate governance. Moreover, the Nasdaq Hearings Panel (the “Panel”) has confirmed that HUB has met all exceptions in the Panel’s decision in achieving compliance with the Nasdaq Bid Price and MVLS Rules listing standards.

In recent quarters, HUB has been executing a focused commercial expansion strategy, significantly growing its contracted revenue base and accelerating deployments across banking, government, and digital asset sectors. The Company has also introduced new AI-powered and quantum-resilient infrastructure solutions, responding with rising client demand for secure, compliant, and sovereign-grade solutions.

HUB continues to sign new multi-year agreements with leading financial institutions and sovereign entities, while expanding its presence in North America and Europe. With momentum building across both public and private sector channels, HUB is positioned as a critical infrastructure provider to the world’s most security-sensitive organizations.

About HUB Cyber Security Ltd. (NASDAQ: HUBC)

HUB Cyber Security Ltd. (“HUB” or the “Company”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The Company is a global leader in secured data infrastructure and confidential computing. Its Secured Data Fabric platform powers secure AI operations, compliance automation, and digital asset protection for financial institutions, governments, and regulated enterprises. HUB also specializes in unique cyber security solutions protecting sensitive commercial and government information. The Company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances and a wide range of cybersecurity services worldwide. Hub's Secured Data Fabric is a revolutionary product developed in partnership with its subsidiary, BlackSwan Technologies, that is emerging as a leader in highly secure data management and unification.

Forward-Looking Statements

This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “future,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “seem,” “should,” “will,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by HUB and the following: (i) significant uncertainty regarding the adequacy of HUB’s liquidity and capital resources and its ability to repay its obligations as they become due; (ii) the war between Israel and Hamas commenced in October 2023, which may harm Israel’s economy and HUB’s business; (iii) expectations regarding HUB’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB’s ability to invest in growth initiatives and pursue acquisition opportunities; (iv) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (v) the ability to cure and meet stock exchange continued listing standards and remain listed on the Nasdaq; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in HUB’s Annual Report on Form 20-F filed on May 1, 2025.

Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.

All subsequent written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and attributable to HUB or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.

Investor Relations

Lytham Partners
Ben Shamsian
646-829-9701
shamsian@lythampartners.com