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HYCU Delivers Industry-First Backup for Microsoft 365 and Cloud Services With 100% Data Control and Storage Efficiency

HYCU Delivers Industry-First Backup for Microsoft 365 and Cloud Services With 100% Data Control and Storage Efficiency

Yahoo20-05-2025
Improve Control and Cut Storage Costs for SaaS and Cloud Backups through Native Integration with Dell PowerProtect Data Domain Virtual Edition
Las Vegas, Nevada, May 20, 2025 (GLOBE NEWSWIRE) -- HYCU, Inc., a leader for modern data protection for on-prem, cloud, and SaaS and one of the fastest growing companies in the industry, announced enhanced support for Dell PowerProtect Data Domain Virtual Edition to protect SaaS and Cloud workloads. Enhanced support empowers customers to safeguard their cloud data with comprehensive solutions, including backup, disaster recovery, data retention, and offline recovery. These measures are designed to protect against internal, external, and supply chain risks, leveraging the exceptional power, cost-efficiency, and reliability of Dell PowerProtect Data Domain.
With the rapid growth of SaaS applications in modern enterprises, platforms like Microsoft 365, GitHub, and Box are increasingly targeted by cybercriminals, while cloud-native applications face escalating cloud exploits. According to The State of SaaS Data Resilience Report in 2024, 70% of organizations reported experiencing data loss in SaaS applications over the past year. While enterprises rely on immutable, tested, and enterprise-class backups for on-premises data, equivalent solutions for SaaS applications are often lacking. Even when protection is available, customers must frequently delegate the responsibility of backups to third-party managed storage providers, rather than utilizing secure and efficient storage resources. This gap in support introduces significant data governance challenges, creating inefficiencies, escalating costs, and exposing organizations to heightened risks in safeguarding SaaS application data.
'Customers have worked hard to protect and ensure recovery of their virtual infrastructure and workloads on-premises. However, as organizations adopt cloud-based business applications and as-a-service offerings, they're encountering unexpected risk,' said Simon Taylor, Founder and CEO, HYCU, Inc. 'The average midsize enterprise uses more than 200 SaaS applications, whether to host critical IP, document management or private communications. Malicious actors have pivoted to exploit these workloads. We're thrilled to collaborate with Dell to make sure customers are completely protected and keeping control of their data with the security, efficiency and cost savings of Dell PowerProtect Data Domain Virtual Edition. This milestone underscores our commitment to helping Dell customers protect and manage their entire data landscape with ease.'
HYCU + Dell Technologies: Unified, Secure Data Protection and Retention for More Than 80 Workloads on Dell PowerProtect Data Domain appliances.
HYCU, a member of Dell's Extended Technology Complete program, delivers enterprise-grade backup and recovery solutions that span an extensive range of infrastructures, databases, platforms, and SaaS environments. The addition of support for HYCU R-Cloud SaaS complements existing support for Dell PowerProtect Data Domain with R-Cloud Hybrid Cloud edition. Through the award-winning HYCU R-Cloud™ platform, Dell customers benefit from backup and recovery capabilities across on-premises and cloud tailored to individual applications and workloads, blending simplicity with exceptional performance.
HYCU R-Cloud enhances data protection with key features, including:
Customer-Owned Immutable Backups: Automatically creates policy-driven backups stored securely on customer-managed Dell PowerProtect Data Domain Virtual Edition systems across any cloud environment.
Flexible, Granular Recovery: Provides the ability to restore entire SaaS applications after an incident or recover specific objects affected by human error. This ensures uninterrupted access to data during extended outages or supply chain attacks.
Long-Term Data Retention: Supports compliance with regulatory mandates such as HIPAA and DORA by providing reliable solutions for offsite data retention and archiving.
'Our long-standing partnership with HYCU and Dell Technologies has been instrumental in how we protect and manage enterprise workloads,' said Ben Sharp, Senior Executive – Infrastructure, Cybersecurity & Managed Services, Intuit Technologies. 'HYCU, paired with Dell Data Domain, gives us robust coverage across our multi-data centre environment. Their Office 365 protection also extends that assurance to our customers' critical Microsoft data.'
HYCU will be showcasing its breadth of support at Dell Technologies World in Las Vegas from May 19-22 at Booth #600. For more information, visit HYCU for Dell. For more information on HYCU R-Cloud and its built in Cyber Resiliency framework, visit HYCU R-Shield. Follow HYCU on X (formerly Twitter), connect with us on LinkedIn, Facebook, Instagram, and YouTube.
This newest support for Dell PowerProtect Data Domain Virtual Edition is available globally through Dell's trusted network of sellers.
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About HYCU HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native, and SaaS IT environments, the company provides unrivaled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. The company's award-winning R-Cloud platform eliminates complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make it the#1 SaaS Data Protection platform. With an industry leading NPS score of 91, HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at www.hycu.com.
CONTACT: Don Jennings HYCU, Inc. 617-791-1710 don.jennings@hycu.com
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Oma Savings Bank Plc's Half-Year Financial Report January-June 2025: Core business on a solid foundation – the improvement of operating models is progressing
Oma Savings Bank Plc's Half-Year Financial Report January-June 2025: Core business on a solid foundation – the improvement of operating models is progressing

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Oma Savings Bank Plc's Half-Year Financial Report January-June 2025: Core business on a solid foundation – the improvement of operating models is progressing

By GlobeNewswire Published on August 4, 2025, 11:05 IST OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 4 August 2025 AT 9.05 A.M. EET, HALF-YEAR FINANCIAL REPORT Oma Savings Bank Plc's Half-Year Financial Report January-June 2025: Core business on a solid foundation – the improvement of operating models is progressing This release is a summary of Oma Savings Bank's (OmaSp) January-June 2025 Half-Year Financial Report, which can be read from the pdf file attached to this stock exchange release. In addition, alongside with the Half-Year Financial Report, the Company also publishes Disclosure information on capital adequacy and risk management in accordance with the Pillar III as a separate report, available as an attached pdf file. Both reports are also available on the Company's website at CEO Karri Alameri: Core business on a solid foundation – the improvement of operating models is progressing 'The first half of the year has been a period of active and goal-oriented development work within our bank. Significant measures have been taken to strengthen risk management and to improve the regulatory compliance of our operations. Concurrently, the effects of declining interest rates and economic uncertainty have been reflected in our results. Despite this, our business is stable, and our financial position is strong. Efforts to improve risk management and internal operating models are advancing. A new action plan was launched to address observations made by the supervisor in February, with expenses of EUR 2.6 million recorded in the second quarter. This action plan will continue until the end of 2025, laying the foundation for profitable and stable operations in the future. The controlled winding down portfolio is also progressing: the approximately EUR 240 million portfolio related to non-compliance with the guidelines reported a year ago has been reduced to approximately EUR 200 million through various arrangements, and work continues. The risk management action plan (the 'Noste') was completed in March, and its effects are already visible in our practices. The comparable profit before taxes for the second quarter was EUR 19.0 (5.5) million, in line with our expectations. The result was still weighed down by the decline in net interest income and the increase in operating expenses. The comparable cost/income ratio was 52.1 (32.9) percent in the second quarter. Comparable operating expenses increased by 38.7 percent in the second quarter, amounting to EUR 30.5 (22.0) million. This increase in expenses is primarily due to the growth in the number of personnel and the expanded branch network, as well as the action plan related to the supervisor's observations. Net interest income decreased by 16.1 percent compared to the comparison period, amounting to EUR 44.0 (52.4) million. This decrease is attributed to market interest rates and the reduction in the loan portfolio. Fee and commission income and expenses (net) totalled EUR 12.4 (12.7) million, which is 2.2 percent less than in the comparison period. The mortgage loan portfolio grew by 1.2 percent from the level of a year ago. Conversely, the loan portfolio of corporate customers decreased by 7.5 percent. The deposit portfolio grew by 7.9 percent. Challenges in the operating environment are reflected in the quality of the loan portfolio. In the second quarter, impairment losses on financial assets were EUR -9.1 (-39.4) million, mainly due to increased payment difficulties caused by the general economic situation, especially in the SME sector. Our goal is profitable growth and satisfied customers The takeover of Handelsbanken's customers has been completed, and we are focusing even more on supporting our customers' daily lives. Oma Savings Bank's nationwide branch network serves private and corporate customers in Finland's key growth and regional centres. Customer satisfaction has remained at a high level, and we are committed to developing expert customer service. Our goal is to build profitable growth with our current strengths – a customer-oriented service model, efficient processes, and responsible management. The commitment of our personnel deserves special recognition, and I extend my gratitude to the entire staff for their excellent performance. The past period has once again demonstrated the dedication, skill, and cooperation within our organisation. Our bank's financial position is strong. The total capital (TC) further strengthened in the second quarter, reaching 18.7 (15.6) percent at the end of June. The accumulated equity was EUR 591 (576) million. I look to the future with confidence. We are focused on improving efficiency, enhancing the customer experience, and restoring trust through concrete actions. Development work continues persistently, and every action brings us closer to a result-driven and sustainable future.' The Group's key figures (1,000 euros) 1-6/2025 1-6/2024 Δ % 1-12/2024 2025 Q2 2024 Q2 Δ % Net interest income 90,895 109,81 -17% 213,097 44,016 52,442 -16% Fee and commission income and expenses, net 24,854 25,465 -2% 50,745 12,415 12,699 -2% Total operating income 119,414 141,576 -16% 270,068 59,34 67,497 -12% Total operating expenses -65,101 -49,389 32% -111,004 -30,861 -23,432 32% Impairment losses on financial assets, net -31,41 -62,535 -50% -83,379 -9,088 -39,423 -77% Profit before taxes 21,721 29,171 -26% 74,589 18,611 4,504 313% Cost/income ratio, % 55.1% 35.0% 57% 41.3% 52.7% 34.8% 51% Balance sheet total 7,366,337 7,284,410 1% 7,709,090 7,366,337 7,284,410 1% Equity 590,742 533,259 11% 576,143 590,742 533,259 11% Return on assets (ROA) % 0.5% 0.6% -27% 0.8% 0.8% 0.2% 326% Return on equity (ROE) % 5.9% 8.7% -32% 10.7% 10.0% 2.6% 287% Earnings per share (EPS), EUR 0.52 0.70 -27% 1.80 0.44 0.10 327% Total capital (TC) ratio % 18.7% 16.6% 13% 15.6% 18.7% 16.6% 13% Common Equity Tier 1 (CET1) capital ratio % 17.6% 15.2% 16% 14.4% 17.6% 15.2% 16% Comparable profit before taxes 23,603 31,136 -24% 86,656 18,986 5,51 245% Comparable cost/income ratio, % 53.3% 33.5% 59% 37.8% 52.1% 32.9% 58% Comparable return on equity (ROE) % 6.4% 9.3% -31% 12.4% 10.2% 3.2% 220% January–June 2025 As a result of the decline in market interest rates and the decline in the loan portfolio, net interest income decreased by 16.1% in the second quarter and in January–June by 17.2% compared to the previous year. Mortgage portfolio increased by 1.2% during the previous 12 months. Corporate loan portfolio decreased by 7.5% during the previous 12 months. Deposit base increased by 7.9% over the past 12 months. In the second quarter, fee and commission income and expenses (net) decreased by 2.2% totalling EUR 12.4 (12.7) million. In January–June, fee and commission income and expenses (net) decreased by 2.4%. The development is mainly due to lower commission income related to lending and card business than in the comparison period. In the second quarter, total operating income decreased by 12.1% and in January–June by 15.7% compared to the comparison period. In the second quarter, comparable total operating income decreased by 11.5% and was EUR 59.4 million. In the second quarter, total operating expenses grew by 31.7%. The growth is mainly explained by the Company's increased number of personnel and the expanded branch network. In addition, the Company has ongoing development projects related to the improvement of risk management processes and measures required by the supervisor's observations. In January–June total operating expenses grew by 31.8%. In the second quarter, other operating expenses were in total EUR 17.2 (12.5) million and in January–June EUR 39.4 (28.9) million. In the first quarter, the Company received the supervisor's final reports on the supervisor's review as well as liquidity risk management and reporting conducted in 2024. In the second quarter, the Company started the implementation of the action plans to correct the observations made by the supervisor, and a total of EUR 2.6 million in expenses were recorded. The implementation of the action plans continues until the end of the financial year 2025. The risk management action plan (the 'Noste') was completed during the first quarter and no related expenses were recorded in the second quarter. Investigation costs of EUR 0.3 million were recorded in relation to the promotion of measures in the controlled winding down of the portfolio related to non-compliance with the guidelines. In the second quarter, comparable total operating expenses grew by 38.7% and were EUR 30.5 (22.0) million. In the second quarter, the impairment losses on financial assets were in total EUR -9.1 (-39.4) million. Impairment losses are primarily attributable to increased payment difficulties stemming from the generally weak economic environment, particularly within the SME sector and, due to higher provision level under the ECL model as default durations have lengthened. During the comparison period, the Company recorded an additional discretionary allowance of EUR 30 million related to non-compliance with the guidelines and the outcome of the screening of the credit portfolio. For January–June, the total impairment losses on financial assets were EUR -31.4 (-62.5) million. In the summer of 2024, the Company announced a credit portfolio analysis related to the non-compliance with the guidelines, according to which the portfolio related to the non-compliance with the guidelines represented approximately 4% of the Company's credit portfolio, amounting to approximately EUR 240 million. In this regard, the Company launched a controlled winding down plan in the second half of 2024. As a result of various arrangements, the size of the credit portfolio related to non-compliance with the guidelines was approximately EUR 200 million on 30 June 2025, representing 3.4% of the total credit portfolio. In the future, the Company will report on the status of the credit portfolio related to non-compliance with the guidelines on a semi-annual basis. For the second quarter, profit before taxes was EUR 18.6 (4.5) million and comparable profit before taxes was EUR 19.0 (5.5) million. For January–June, profit before taxes was EUR 21.7 (29.2) million and comparable profit before taxes was EUR 23.6 (31.1) million. In the second quarter, the cost/income ratio was 52.7 (34.8)% and in January–June, 55.1 (35.0)%. In the second quarter, comparable cost/income ratio was 52.1 (32.9)% and in January–June, comparable cost/income ratio was 53.3 (33.5)%. In the second quarter, comparable return on equity (ROE) was 10.2 (3.2)% and in January–June, 6.4 (9.3)%. Total capital (TC) ratio was 18.7 (15.6)%. Outlook for 2025 (updated on 15 June 2025) Oma Savings Bank Plc (OmaSp) lowered its earnings guidance for year 2025 as the Company's cost level is expected to remain high throughout the 2025 financial year due to investments in risk management and quality processes, increased headcount, and efforts to address the findings of the Finnish Financial Supervisory Authority's (FIN-FSA) inspection. In addition, the update of the ECL model implemented during the first quarter has increased the level of credit loss provisions more than anticipated. Furthermore, fee and commission income is expected to grow more slowly than anticipated in the prevailing economic environment. The Company estimates the Group's comparable profit before taxes is EUR 50-65 million for the financial year 2025. Business outlook and earnings guidance for the financial year 2025 (updated on 15 June 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 50–65 million for the financial year 2025, (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Oma Savings Bank Plc Additional information: Karri Alameri, CEO, tel. +358 45 656 5250, [email protected] Sarianna Liiri, CFO, tel. +358 40 835 6712, [email protected] Pirjetta Soikkeli, CCO, tel. +358 40 750 0093, [email protected] DISTRIBUTION Nasdaq Helsinki Ltd Major media OmaSp is a solvent and profitable Finnish bank. Over 600 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp. Attachments OmaSp Half-Year Financial Report 30 June 2025 OmaSp Pillar III Disclosure Report on capital adequacy and risk management 30 June 2025 Attachments Oma Savings Bank Half Year Report 30 June 2025 Pillar III Disclosure Report on capital adequacy and risk management 30 June 2025 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025
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BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025

By GlobeNewswire Published on August 4, 2025, 11:00 IST P R E S S R E L E A S E Stockholm, August 4, 2025 BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025 STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, today announces an earnings update for the second quarter 2025. The company is expected to report net sales of approximately SEK 720 (730) and an EBITA of SEK 85 (110) in the second quarter. As a consequence, the outlook for 2025 has changed from a better EBITA than last year to the company anticipating a worse EBITA than last year. The deviation in profit stems entirely from BTS North America, which is experiencing negative revenue growth, mainly due to inefficient go-to-market and sales operations. Additionally, the current unfavorable USD exchange rate as well as severance and other one-time costs in the quarter have contributed to the reduced results. A program to get back to growth of revenue and profit in North America has been implemented, with new leadership of BTS North America, a new strategy and organization for marketing and sales. BTS Other Markets, BTS Europe, and the previously acquired executive coaching business of Boda in North America are continuing to show healthy growth of revenues and EBITA. For more information, please contact: Jessica Skon, CEO +1 (415) 203 1760 Michael Wallin, Head of investor relations [email protected] +46 8-587 070 02 +46 708-78 80 19 This information is information that BTS Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08:00 CEST on August 4, 2025. About BTS Group AB BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,200 professionals in 38 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS's services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation andstrategy implementation, as well as culture and broad-scale change. For over 35 years, BTS has been focused on the people-side of change and on powering better performance using proprietary simulation, learning, coaching, and assessment methodologies. We partner with nearly 1,200 organizations, including over 40 of the world's 100 largest global corporations. BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. For more information, please visit . Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

Elis: Disclosure of trading in own shares occured from July 28 to August 1, 2025
Elis: Disclosure of trading in own shares occured from July 28 to August 1, 2025

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Elis: Disclosure of trading in own shares occured from July 28 to August 1, 2025

By GlobeNewswire Published on August 4, 2025, 11:00 IST Disclosure of trading in own shares occurred from July 28 to August 1, 2025 Saint-Cloud, August 4, 2025 In accordance with the regulations on share buybacks, in particular Regulation (EU) 2016/1052, Elis hereby declares the purchases of its own shares made from July 28 to August 1, 2025 under the buyback program authorized by the 24th resolution of the General Shareholders' Meeting of May 22, 2025 and announced on March 6, 2025: Aggregated presentation: Issuer name Issuer code (LEI) Transaction date ISIN Code Daily total Volume (in number of shares) Daily weighted average price of shares acquired (in euros) Platform (MIC Code) ELIS SA 969500UX71LCE8MAY492 07/28/2025 FR0012435121 20,000 25.0413 XPAR ELIS SA 969500UX71LCE8MAY492 07/29/2025 FR0012435121 24,000 25.0691 XPAR ELIS SA 969500UX71LCE8MAY492 07/30/2025 FR0012435121 32,000 24.8650 XPAR ELIS SA 969500UX71LCE8MAY492 07/30/2025 FR0012435121 9,000 24.7547 DXE ELIS SA 969500UX71LCE8MAY492 07/31/2025 FR0012435121 32,310 24.0257 XPAR ELIS SA 969500UX71LCE8MAY492 07/31/2025 FR0012435121 25,520 24.0674 DXE ELIS SA 969500UX71LCE8MAY492 07/31/2025 FR0012435121 6,000 23.8797 TQE ELIS SA 969500UX71LCE8MAY492 07/31/2025 FR0012435121 4,500 23.9301 AQE ELIS SA 969500UX71LCE8MAY492 08/01/2025 FR0012435121 22,627 24.3029 XPAR ELIS SA 969500UX71LCE8MAY492 08/01/2025 FR0012435121 5,711 24.1992 DXE Total 181,668 24.4979 The purpose of the own shares purchase operations is (i) to cover maturing performance share plans and to allocate free shares to employees as part of the contribution to the Elis for All 2025 international employee shareholding plan, and (ii) to be cancelled in accordance with the 26th resolution of the Combined General Meeting of May 22, 2025. Contacts Nicolas BuronDirector of Investor Relations, Financing & Treasury Phone: + 33 (0)1 75 49 98 30 – [email protected] Charline LefaucheuxInvestor Relations Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

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