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IBM Consulting and Microsoft Collaborate to Help Clients Modernize Security Operations and Protect Against Cloud Identity Threats

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ARMONK, N.Y., July 1, 2024 /PRNewswire/ — IBM (NYSE: IBM) and Microsoft announce strengthened cybersecurity collaboration to help clients simplify and modernize their security operations, and manage and protect their hybrid cloud identities.

As organizations embrace hybrid cloud and AI to drive innovation, they require advanced security capabilities to protect their most valuable data. By combining IBM Consulting’s industry-leading cybersecurity services with Microsoft’s comprehensive security technology portfolio, the two companies are providing clients the tools and expertise needed to help them simplify and modernize their end-to-end security operations, harness the power of the cloud, protect data, and drive business growth.

“To successfully navigate the ever-evolving and increasingly complex digital landscape, security can no longer be an afterthought – it must be a foundational part of every organization’s core operations,” said Mark Hughes, Global Managing Partner of Cybersecurity Services, IBM Consulting. “Our collaboration with Microsoft provides clients with a simplified, efficient, and cost-effective approach to protect cloud workloads, and effectively manage the proliferation of threats organizations confront on a regular basis.”

Modernizing security operations
IBM’s Threat Detection and Response (TDR) Cloud Native service brings together Microsoft Sentinel, Microsoft Defender XDR and Microsoft Defender for Cloud with the AI-powered security technologies that underpin IBM’s TDR Cloud Native service to help accelerate threat detection and response for clients.

As part of the service, IBM Consulting’s global team of security analysts provide 24/7 monitoring, investigation, and automated remediation of security alerts across clients’ hybrid cloud environments. IBM Consulting can also help clients transform their security operations to maximize the value of Microsoft’s end-to-end security solutions.

By leveraging the full range of Microsoft’s security portfolio, the TDR Cloud Native service effectively protects Microsoft cloud environments for clients. In recognition of its tight integration with the Microsoft Security platform, the service achieved Microsoft MXDR verified solution status.

Managing and securing cloud identities
Cloud identity is becoming an increasingly important cornerstone of any organization’s cyber strategy, but it’s complicated by the wide range of tools, services, and approaches available. To assist clients in navigating this complex environment, IBM Consulting and Microsoft collaborated on a comprehensive solution based on the foundation provided by the Microsoft Entra® suite of tools and enhanced by IBM’s range of automation, accelerators and industry domain knowledge. The solution is designed to protect the cloud journey, while also optimizing the identity landscape and costs associated with running multiple identity tools and services, resulting in a more optimized, cost effective, and secured service for clients.

“As digital transformation accelerates across every industry, organizations require a comprehensive, unified approach to cloud security that protects their entire enterprise from the chip to the cloud,” said Alym Rayani, VP Security Marketing, at Microsoft. “Our partnership with IBM Consulting makes it easier for clients to securely harness the power of the cloud and AI to drive business innovation.”

Co-investing in skilling
The IBM Consulting and Microsoft collaboration builds on the companies’ long history of joint development and delivery of enterprise-class cloud and security solutions. IBM Consulting and Microsoft are investing in joint go-to-market initiatives and reskilling programs to support the new offerings and help clients bring security to the forefront of their cloud and AI journeys.  For example, IBM Consulting’s 1,300 Microsoft certified security practitioners have been trained on natively embedding Microsoft-based security tools, including the Microsoft Defender suite and services, throughout clients’ complex cloud and application landscape.

Demonstrating client success
Vale, mining company: “At Vale, our cyber defense centre team orchestrates protection, detection and response functions with the support of two industry-leading cybersecurity partners, combining the best of Microsoft security technology with the continuous improvement from IBM Consulting’s Threat Detection and Response Services,” said Dan Harif, Global CISO, Vale.

Additional Sources: 

Learn more about Microsoft and IBM Consulting’s strategic partnership here.Read the new report: “All supply chains are digital: Cybersecurity for a software-defined future,” co-authored by IBM and Microsoft.Attend the upcoming IBM Consulting and Microsoft webinar, “Simplifying end-to-end Hybrid Cloud Security with gen AI,” on July 18, 2024 at 11:00 am ET.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service.

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Contact:
Michele Brancati
mbrancati@ibm.com

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SOURCE IBM

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Vaultzy and Miracle University Pilot Demonstrates AI-Powered Document Management for Students. Expansion Planned for California Foster Youth Programs

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A successful student pilot demonstrates how secure digital records and AI guidance can help them access education, employment, housing, and life opportunities

SACRAMENTO, Calif., June 19, 2026 /PRNewswire-PRWeb/ — Vaultzy, an AI-powered document management and life assistant platform, today announced the successful completion of a pilot with Miracle University, demonstrating how secure digital records and intelligent guidance can help students overcome barriers to education, employment, and economic mobility.

California State Treasurer Fiona Ma, CPA, noted, “Never expired. Never lost. Your vital documents, all in one secure place.”

For many students, particularly those facing economic hardship or life disruptions, lost identification, unavailable transcripts, and scattered paperwork can delay enrollment, employment, housing applications, financial aid, and access to public services. Vaultzy was created to address this challenge by providing a secure, user-controlled platform for lifelong document management.

Beyond document storage, Vaultzy recently launched the first version of its AI-powered Life Agent. The platform allows users to interact with their personal records and receive guidance related to major life transitions. By understanding what documents a user has available, the Life Agent can help identify requirements and next steps for education, employment, healthcare, government services, financial planning, and other important milestones.

The pilot was conducted in partnership with Miracle University, a Sacramento-based nonprofit organization dedicated to helping students who have left the traditional education system earn their high school diplomas and achieve academic and career success. The initiative focused on helping students digitize, organize, and securely manage their most important records while introducing them to emerging technologies that can support their long-term success.

“Our mission is to help students overcome barriers and unlock their full potential,” said Dr. Kadhir Raja, Founder of Miracle University. “Students need access to their documents, confidence in managing important life transitions, and guidance on what comes next. Vaultzy helps bring all of these together, empowering students to navigate education, employment, housing, and other life opportunities with greater confidence and independence.”

The pilot demonstrated the importance of giving individuals lifelong access to trusted records while providing the tools and guidance needed to use them effectively. As California State Treasurer Fiona Ma, CPA, noted, “Never expired. Never lost. Your vital documents, all in one secure place.”

Looking ahead, Vaultzy plans to continue expanding its AI-powered capabilities. “We envision a future where every individual has a trusted AI companion that not only safeguards their records but also helps guide them through life’s most important transitions,” said Avanti Ramraj, Co-Founder and Chief Product Officer of Vaultzy.

The success of the Miracle University pilot is helping inform broader discussions with educational institutions, nonprofit organizations, financial institutions, and public-sector leaders interested in modernizing how individuals manage and access trusted records while receiving guidance through important life transitions. One of the most promising opportunities is the potential application of Vaultzy within programs serving foster youth, seniors, and other underserved populations.

About Vaultzy

Vaultzy is an AI-powered document management and life assistant platform that helps individuals securely store, manage, and share important records throughout their lives. Combining secure document management, document intelligence, multilingual assistance, and agentic AI capabilities, Vaultzy is building the infrastructure for lifelong document ownership and trusted digital identity.

About Miracle University

Miracle University is a Sacramento-based nonprofit organization dedicated to helping students overcome educational barriers and achieve academic, personal, and professional success. Through mentorship, education, and community support, Miracle University equips students with the skills, confidence, and opportunities needed to transform their futures.

Media Contact
Anupriya Ramraj, Vaultzy, 1 510-255-0657, contact@vaultzy.ai, www.vaultzy.ai

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View original content:https://www.prweb.com/releases/vaultzy-and-miracle-university-pilot-demonstrates-ai-powered-document-management-for-students-expansion-planned-for-california-foster-youth-programs-302805103.html

SOURCE Vaultzy

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Light AI Announces Closing of C$5,000,000 Secured Convertible Debenture Unit Financing

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, June 19, 2026 /CNW/ – Light AI Inc. (“Light AI” or the “Company”) (CBOE CA: ALGO) (FSE: OHC) (OTCQB: OHCFF), a digital healthcare technology company focused on developing artificial intelligence (“AI”) health diagnostic solutions, is pleased to announce that it has completed its previously announced private placement of secured convertible debenture units of the Company (the “Units”) at $1,000 per Unit for aggregate gross proceeds of $5,000,000 (the “Financing”) pursuant to an investment agreement (the “Investment Agreement”) with MV Capital LP (the “Investor”).

Pursuant to the Investment Agreement, the Investor subscribed for and purchased from the Company 5,000 Units. Each Unit is comprised of (i) a 12.0% secured convertible debenture of the Company in the principal amount equal to $1,000 (each, a “Convertible Debenture”) with interest compounded quarterly and payable on the earlier of the Maturity Date (as defined hereafter), prepayment or upon conversion and maturing 24 months from the closing of the Financing (the “Maturity Date”), and (ii) 8,000 common share purchase warrants (each, a “Warrant”) exercisable for 36 months from the closing of the Financing (the “Closing Date”) to purchase one common share of the Company (each, a “Warrant Share”) at an exercise price of $0.25 per Warrant Share, subject to adjustment in certain events.

Each Convertible Debenture allows the Investor to convert the outstanding principal thereof into common shares of the Company (the “Debenture Shares”) at a price of $0.125 per Debenture Share (the “Conversion Price”) at the option of the Investor at any time prior to the earlier of (i) the Maturity Date; and (ii) the business day immediately preceding the date specified for prepayment of the Convertible Debenture, subject to acceleration in certain events. The Company may elect to pay any accrued and unpaid interest in either (i) cash, (ii) common shares of the Company (the “Common Shares”) at the Conversion Price, subject to the approval of Cboe Canada Inc. (the “Exchange”), or (iii) any combination of the foregoing. The Convertible Debentures will be secured by a security interest over all present and after-acquired property and assets of the Company.

The Investor has agreed not to convert any Convertible Debenture or exercise any Warrants if doing so would result in the Investor holding greater than 19.9% of the issued and outstanding Common Shares, without the Company obtaining the requisite approval of its shareholders and the Exchange.

The Convertible Debentures, the Warrants, the Conversion Shares and Warrant Shares are subject to a statutory hold period of four months and one day from the closing date in accordance with applicable Canadian securities laws.

The proceeds of the Financing will be used for general working capital purposes, and to support ISO 13485/QMS audit completion and Health Canada registration submission.

In connection with the Financing, the Company and the Investor have entered into an investor rights agreement (the “Investor Rights Agreement”), which includes the following key elements:

The Investor will have the right to participate in future financings of the Company to maintain its pro rata percentage of Common Shares following the completion the Financing; andThe Investor shall have the right to nominate one member to the board of directors of the Company.

The Investor Rights Agreement shall terminate on the earlier of: (i) the closing of any take-over bid of the Company, acquisition, arrangement, amalgamation, merger or other similar business combination transaction involving the Company; and (ii) the later of either of the following: (A) the date the Investor no longer maintains at least a 10% equity interest in the Company, and (B) the date on which the principal amount of the Convertible Debenture owed to the Investor is less than $250,000.

About Light AI Inc. (CBOE CA: ALGO / FSE: OHC / OTCQB: OHCFF)

Light AI Inc. is a technology company focused on developing artificial intelligence health screening and diagnostic solutions. Light AI QuickScan™ is a technology platform which represents the next generation of patient management: it applies AI algorithms to compatible smart device images, starting with images of Strep A and anticipated expansion with other medical conditions, to identify the disease in seconds. Its patented, app-based solution requires no swabs, lab tests or proprietary hardware of any kind as its computing platform includes the 4.5 billion smartphones that exist in the world today. Light AI is at the forefront of developing innovative screening and diagnostic solutions aimed at improving healthcare delivery worldwide. Their cutting-edge AI powered technology offers rapid, accurate, and cost-effective screening and diagnostic tools designed to address critical healthcare challenges.

In pre-FDA validation studies, Light AI’s algorithm demonstrated remarkable accuracy in differentiating between viral and bacterial pharyngitis, specifically targeting Group A Streptococcus (“GAS”). The algorithm achieved a 96.57% accuracy rate and attained a Negative Predictive Value of 100%, indicating its high reliability in confirming the absence of Streptococcus A infection. Viral and GAS pharyngitis affects over 600 million people annually worldwide. If left untreated, GAS pharyngitis can lead to serious complications such as Rheumatic Heart Disease (“RHD”), which imposes a global economic burden exceeding $1 trillion annually. Light AI’s technology offers a significant advancement in the accurate and timely identification of GAS pharyngitis, potentially reducing the incidence of RHD and its associated costs. Light AI’s approach to applying AI to smart device images can be expanded to other medical conditions, as well as other areas of analysis. Light AI’s vision is to combine the Light AI QuickScan™ software platform with AI in-the-Cloud to create a Digital Clinical Lab that provides quick and accessible diagnosis for countless conditions that today require expensive and time-consuming imaging or lab processes.

ON BEHALF OF THE COMPANY

“John R. Luna”
Chief Executive Officer
Telephone: 1-(888) 804-9459
Email: jluna@light.ai

For more information, please contact the Company at investors@light.ai or visit https://light.ai/.

Website: https://light.ai/
LinkedIn: LinkedIn/company/Light AI 
X (Formerly Twitter): @lightaihealth

Forward-Looking Information:

This news release contains statements and information that, to the extent that they are not historical fact, constitute “forward-looking information” within the meaning of applicable securities legislation, including statements relating to the use of proceeds of the Financing, the anticipated appointment of a board nominee of the Investor, and the advancement of the Company’s ISO 13485/QMS audit and Health Canada registration. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company’s financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE Light AI Inc.

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EasySpanishTax.com Launches Simple DIY Modelo 210 Filing Solution for Non-Resident Property Owners in Spain

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Founder Björn Ingbrant introduces a faster, easier and more affordable way for foreign property owners to meet their Spanish tax obligations online.

MANILVA, Spain, June 19, 2026 /PRNewswire/ — The EasySpanishTax.com has launched a practical online solution designed to help non-resident property owners in Spain file their annual Modelo 210 tax declaration quickly, easily and at a lower cost.

Created by founder and developer Björn Ingbrant, EasySpanishTax.com is built specifically for international property owners who want to manage their Spanish non-resident tax obligations without unnecessary complexity, delays or high professional fees.

Modelo 210 is a tax declaration required for non-resident property owners in Spain, including owners who use their property privately, rent it out, or keep it as a holiday home. For many foreign owners, the process has traditionally felt difficult and confusing, often requiring external assistance.

EasySpanishTax.com has been developed to change that.

“Many non-resident owners are fully capable of completing their Modelo 210 declaration themselves when the process is explained clearly,” says Björn Ingbrant, founder of EasySpanishTax.com. “Our goal is to make Spanish property tax filing simple, transparent and affordable.”

The platform guides users through the filing process step by step. Property owners enter the required information online, create an account and can manage their declarations in one secure place. The service is designed to save time, reduce costs and make annual tax filing more accessible for owners living abroad.

According to Ingbrant, the need for a simplified solution became clear after years of working with international property owners in Spain.

“Many owners were paying high fees every year for a declaration that could be made much easier with the right digital system,” he explains. “We wanted to create a platform where the owner remains in control, the process is faster, and the cost is reasonable.”

In addition to Modelo 210 filing, EasySpanishTax.com has introduced a property document storage feature for registered users. This allows clients to upload and store important property documents directly in their account, including title deeds, NIE certificates, passport copies, home insurance policies, water and electricity contracts, IBI tax receipts, community documents and previous tax declarations.

The new feature transforms the platform into more than a tax filing service. It gives property owners a central digital hub for managing key documents related to their Spanish property.

“For non-resident owners, having all property documents in one place is extremely useful,” says Ingbrant. “Whether they need a document for a future tax declaration, a lawyer, a bank, an insurance company or a property sale, everything can be stored and accessed from one account.”

EasySpanishTax.com is aimed at holiday home owners, second-home owners, retirees, investors and landlords who own property in Spain but live abroad. The platform is especially useful for owners in the UK, Ireland, Sweden, Norway, Denmark, Germany, France, Belgium, the Netherlands and other countries with a high number of Spanish property owners.

The company’s mission is to make Spanish property administration easier for non-residents by combining simple online tax filing with practical document management.

“Owning a property in Spain should be enjoyable,” says Ingbrant. “Tax filing and paperwork should not be a source of stress. EasySpanishTax.com is designed to give owners a simple, affordable and reliable way to stay organised and compliant.”

About EasySpanishTax.com

EasySpanishTax.com is an online platform created for non-resident property owners in Spain. The website helps users prepare and file Modelo 210 tax declarations through a simple do-it-yourself process. The users can also store and manage important property-related documents in their personal account, making EasySpanishTax.com a practical administration hub for Spanish property owners living abroad.

The platform is owned by the real estate company Enova Estates S.L. in Manilva, Costa del Sol, Spain.

Contact:
Enova Estates SL
Björn Ingbrant
***@enovaestates.com

Photo(s):
https://www.prlog.org/13153344

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View original content:https://www.prnewswire.com/news-releases/easyspanishtaxcom-launches-simple-diy-modelo-210-filing-solution-for-non-resident-property-owners-in-spain-302805652.html

SOURCE Enova Estates

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