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Year: 2025

Coherent to Showcase Innovative Products, Technologies and Thought Leadership at OFC 2025

SAXONBURG, Pa., March 31, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, announced today that it will showcase its new products and technologies for next-generation optical communications networks at OFC 2025, Apr 1-3 at the Moscone Center in San Francisco, Booth #1519. Coherent will bring also expert insights thanks to its thought leaders that will present at panels, technical sessions, and other OFC events. RECENT PRODUCT ANNOUNCEMENTSOptical Transceivers Optimized for Optical Circuit SwitchesSuite of 400G, 800G, and 1.6T pluggable optical transceivers optimized for use in data centers that incorporate optical circuit switches (OCSs). These transceivers come in QSFP-DD and OSFP form factors and meet the original IEEE-defined network insertion losses in addition to extra insertion losses introduced...

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Inbank appoints Erkki Raasuke as Chairman of the Supervisory Board

Today, on 31 March 2025, the Supervisory Board of AS Inbank appointed Erkki Raasuke, an existing Supervisory Board Member, as Chairman of the Supervisory Board for a three-year term, effective 1 April 2025. Additionally, at the Annual General Meeting held today, Isabel Margaret Anne Faragalli and Sergei Anikin were elected to the Supervisory Board for a three-year term, effective 1 April 2025. According to Jan Andresoo, the former Chairman of the Inbank Supervisory Board, the appointment of two new independent members and a new Chairman marks a significant step toward a more diverse and independently governed Supervisory Board, which is essential for Inbank’s journey to becoming a public company. “With Erkki Raasuke leading our Supervisory Board, Inbank gains outstanding expertise in corporate governance, backed by decades of executive...

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Strategic decision – Šiaulių bankas will rebrand to Artea this May

On 31 March 2025 The General Meeting of Shareholders of AB Šiaulių Bankas unanimously agreed to decision to change the bank’s name to AB Artea bankas. It is expected that the Bank will start operating under the new name and brand as of 5 May, this year.   “This is a historic moment and one of the biggest and most significant changes in the history of the Bank. This change will be directly felt by half a million customers of our Bank Group, as well as thousands of corporate customers and partners. We aim to continue to be even closer to our customers, providing accessible, flexible and modern banking services. Artea is more than a new name. It is a strategic change for the bank, extending to our approach to services, customers, partners, employees, investors and community. Changes are comming very soon,” says Vytautas...

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Coherent Introduces Multi-Rail Technology With Resource Pooling for Efficient Optical Transport

SAXONBURG, Pa., March 31, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, introduces an innovative optical transport solution that combines fundamental advances in high-efficiency pump lasers with novel resource pooling concepts to dramatically increase line system capacity while lowering the size and power consumption required to do so. This sublinear scaling up of capacity through “multi-rail” transmission is essential to keep pace with growth in traffic between Data Centers while operating within physical and electrical constraints of existing infrastructure.  Coherent will demonstrate this multi-rail technology at OFC 2025. The demonstration of two independent rails, both carrying C-Band transmission signals and integrated within a single 1RU module, represents an immediate doubling of density...

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NewGenIVF Announces Termination of Proposed Reverse Merger Transaction with European Wellness

BANGKOK, March 31, 2025 (GLOBE NEWSWIRE) — NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, today announced that it has terminated the binding term sheet with healthcare company European Wellness Investment Holdings Limited (“EWIHL”) regarding their previously announced reverse merger transaction. On December 11, 2024, the Company announced its entry into a binding term sheet with EWIHL for a reverse merger, in which EWIHL would on completion hold approximately 61.6% of the Company’s equity (the “EWIHL Proposed Transaction”). The completion of the EWIHL Proposed Transaction was subject to, among other matters, the completion of due diligence, the delivery of draft audited financials...

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Mindwell Solutions Group Holdings, A TransGlobal Assets Inc. (OTC: TMSH) Subsidiary, Announces Strategic Acquisition of Manifest Technologies Group Assets to Enhance AI-Powered Financial Solutions

PORTSMOUTH, N.H., March 31, 2025 (GLOBE NEWSWIRE) — Mindwell Solutions Group Holdings (“MSGH” or the “Company”), a subsidiary of TransGlobal Assets Inc. (OTC: TMSH) focused on innovative technology solutions, today announced the acquisition of Manifest Technologies Group, a company specializing in the development and deployment of advanced artificial intelligence (AI) solutions for the accounts receivable (AR) and debt recovery industry. This strategic acquisition will integrate Manifest Technologies Group’s cutting-edge AI capabilities, including its automated AR management, compliance monitoring, and sentiment/emotion analysis tools, into MSGH’s growing suite of technology offerings. The move is expected to significantly enhance MSGH’s ability to provide comprehensive and intelligent...

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AMD Completes Acquisition of ZT Systems

Strategic transaction combines industry-leading systems and rack-level expertise with AMD GPU, CPU and networking silicon and open-source software to address the $500 billion data center AI accelerator opportunity in 2028 SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute infrastructure for the world’s largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, open-source AMD ROCm™ software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMD-powered AI infrastructure at scale optimized for the cloud. AMD expects the transaction to be accretive...

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Data Storage Corporation Reports 2024 Fiscal Year Financial Results and Provides Business Update

Expanded CloudFirst platform in 2024 with 4 new Tier III data centers (UK & Chicago), totaling 10 globally to enhance multi-cloud and continuity services across North America and Europe Completed Flagship Solutions Group integration into CloudFirst, boosting efficiency and cross-sell potential to clients; secured major 2024 contracts across motorsports, insurance, healthcare, and education sectors Net income improved by approximately 71% for the 2024 fiscal year compared to 2023 fiscal year and achieved Adjusted EBITDA* of $2.37 million for 2024 Ends 2024 with $12.3 million in cash and marketable securities and no long-term debt Conference Call to be held today at 11:00 am ETMELVILLE, N.Y., March 31, 2025 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a leading provider of multi-cloud...

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HeartCore Reports 2024 Financial Results

NEW YORK and TOKYO, March 31, 2025 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), a leading enterprise software and consulting services company based in Tokyo, reported financial results for the year ended December 31, 2024. Recent Operational & Financial Highlights2024 revenue increased 39% to $30.4 million year-over-year HeartCore recorded $7.2 million in impairment of goodwill and intangible asset related to acquisition of its subsidiary Sigmaways. The losses are considered as a one-time occurrence that will not affect the Company’s business and financial performance in the future quarters. Established new business development team aimed at strengthening customer success across HeartCore’s CMS business Announced plans to expand the Go IPO consulting business into South Korea....

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Navios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 31, 2024

PIRAEUS, Greece, March 31, 2025 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM) announced that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the SEC and can be accessed on Navios Partners’ website www.navios-mlp.com under the “Investors” section. Alternatively, unitholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting Navios Partners at: Navios Maritime Partners L.P.Attn: 20-F Request85 Akti MiaouliPiraeus 18538, Greece Tel: +1 (212) 906 8645Email: Investors@navios-mlp.com About Navios Maritime Partners L.P.Navios Maritime Partners L.P. (NYSE: NMM) is an international owner and operator of dry cargo and tanker vessels. For more information, please visit our website at...

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