Vitesse Systems has been at the forefront of providing technical solutions that enable the most demanding aerospace and defense applications. We specialize in the end-to-end manufacturing of mission-critical components and assemblies supporting electronic warfare, radar, and next-generation communications across air, ground, sea, and space.

NEWARK, Calif., April 11, 2025 /PRNewswire-PRWeb/ — Vitesse Systems, a leading provider of mission-critical components and assemblies for the space and defense industries, today announced the strategic appointment of Rollin Hughes as its new Business Development Executive. With over 25 years of robust experience in selling and supporting both government and commercial clients within the microwave and satellite solutions sectors, with a particular focus on ground antenna applications including small mobile and fixed ground-stations with multi-band feeds, Hughes joins the Sales and Marketing team to further enhance Vitesse Systems market presence in this key area.

Rollin Hughes brings extensive experience selling and supporting government and commercial customers to Vitesse Systems. Hughes began his distinguished career in aerospace and defense at Sikorsky Aircraft, subsequently broadening his expertise into electronic warfare, airborne downlinks, and covert audio and video products. Since 2005, his focus has been within the satellite communications sector, where he has excelled in selling leading-edge hardware to end-users, system integrators, and OEMs servicing both mobile and fixed air, land, and sea-based terminals. His deep knowledge extends to legacy, current, and developing GEO, MEO, and LEO satellite constellations, UHF/VHF tactical communications, and digital waveforms for both the Department of Defense and civilian agencies.

Rollin Hughes shared his enthusiasm for his new role, stating, “I am excited to contribute to Vitesse Systems’ continued growth and to address the evolving technical needs of the antenna market, especially in expanding our ground antenna solutions. I am particularly eager to grow our military business, where seamless communication across multiple assets is critical, including robust ground-based systems. I believe Vitesse’s testing and on-site engineering capabilities strongly position us for sustained success in the electronic warfare market and the delivery of advanced ground antenna technologies.”

“We are thrilled to welcome Rollin Hughes to the Vitesse Systems team,” said Matt Alty, CEO of Vitesse Systems. “His extensive experience and deep understanding of the satellite communications landscape, particularly his knowledge of various satellite constellations and tactical communication systems, coupled with his understanding of ground antenna requirements, will be invaluable as we continue to expand our reach and serve the evolving needs of our government and commercial customers. Rollin’s proven track record and customer-centric approach align perfectly with Vitesse Systems’ commitment to providing cutting-edge solutions.”

About Vitesse Systems

For over 55 years, Vitesse Systems has been a trusted partner in the aerospace and defense industries, providing advanced technical solutions for the most challenging applications. We specialize in the design, build, and test of critical solutions for electronic warfare, radar, and next-generation communications across air, ground, sea, and space. Headquartered in Newark, California, Vitesse operates facilities in California, Colorado, Maryland, Massachusetts, and Nevada. All Vitesse facilities are ITAR Registered and DFARS compliant, serving a broad 1 spectrum of aerospace and defense customers.

Media Contact

Matthew Parisi, Vitesse Systems, 1 5103993650, pr@vitessesys.com, vitessesys.com

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SOURCE Vitesse Systems

TORONTO, April 11, 2025 /CNW/ – Fintech Select Ltd. (the “Company”) (TSXV: FTEC) is pleased to announce that it has approved the issuance of Restricted Stock Units (RSUs) to members of its management team, board of directors, and employees, subject to approval by the Toronto Stock Exchange (TSX).

The RSU grants are part of the Company’s strategy to attract, retain, and reward high-performing individuals while aligning their interests with those of shareholders. The RSUs will vest over a one-year period, contingent on continued service and in accordance with the terms of the Company’s equity incentive plan.

In total, three million and two hundred thousand (3,200,000) RSUs have been granted and allocated to executive management, non-executive directors, and employees. Final issuance is subject to the receipt of all necessary regulatory approvals, including that of the TSX.

The RSUs were granted under the Company’s Equity Incentive Plan, which was previously approved by shareholders.

About Fintech Select Ltd.

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs and e-wallet payment solutions. Fintech Select has enabled these core assets, which operate through separate divisions to work together harmoniously, to create a new and ubiquitous environment for consumers and businesses alike. Fintech Select also operates an international call centre that provides fulfillment and customer service support to customers across all the company’s platforms. Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments, such as the Company’s ability to align its interests with that of its key directors, officers and management, may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. Fintech undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of its securities, financial or operating results (as applicable) or prospects as to the effective implementation of strategies or initiatives or future revenue levels. Fintech disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE Fintech Select Ltd.

BANGKOK, April 11, 2025 /PRNewswire/ — In the wake of the devastating 7.7-magnitude earthquake that struck Myanmar’s Mandalay region on March 28, 2025, FAMSUN launched an urgent cross-border response to help restore animal feed production and protect the country’s critical food supply chain.

The earthquake caused extensive damage to critical agricultural infrastructure, bringing operations to a standstill at several major feed mills operated by industry leaders such as CP Group, New Hope, Sunjin, KSP Myanmar, and Diamond. With equipment damage, power outages, and structural risks halting production, Myanmar’s livestock feed supply — and by extension, the availability of meat, eggs, and dairy — faced serious disruption.

Responding within hours of the disaster, FAMSUN activated its emergency protocols and quickly coordinated through its Southeast Asia regional hub. A specialized Joint Support Team of eight technical experts was assembled within 24 hours, bringing together equipment, engineering, and electrical specialists from FAMSUN’s international network.

Despite facing logistical challenges — including navigating temporary visa restrictions and securing alternate travel routes — the team reached Yangon promptly. After organizing initial relief supplies, the team undertook a demanding twelve-hour overnight drive through aftershock-affected areas to reach the Mandalay region. By April 5, they had arrived on site and immediately began hands-on recovery efforts to help feed mills resume operations.

Accelerated Restoration Through Expertise and Collaboration

Working closely with local client teams on the ground, FAMSUN’s engineers carried out detailed safety inspections and technical assessments across the damaged feed mill facilities. Despite challenging conditions — including ongoing aftershocks, extreme heat, and structural risks — the team worked around the clock to get operations back online.

Their efforts delivered impressive results. Within just 48 hours of arriving in Mandalay, FAMSUN successfully restored stable production at four key feed mills in the region. At one site, engineers overcame a critical conveying system failure caused by the earthquake by applying pre-fabricated modular components — a solution that dramatically reduced repair time and allowed production to resume much faster than traditional methods.

This rapid recovery was essential for restarting the supply of animal feed to thousands of local farms, helping to stabilize Myanmar’s livestock production and support the country’s food security during a critical time.

Beyond emergency repairs, FAMSUN’s team also provided technical recommendations to help clients address structural and electrical risks uncovered during inspections — laying the groundwork for safer, more resilient operations moving forward.

Humanitarian Aid and Regional Partnership

Alongside its technical recovery efforts, FAMSUN also delivered much-needed humanitarian support to communities impacted by the earthquake. The company provided essential supplies — including medicine, food, drinking water, and financial support — valued at over 40 million Myanmar Kyat (approximately $ 19,200 USD based on pre-crisis exchange rates, though local values continue to fluctuate).

Working through local partners, including the CECCM, the MSCC, and the Myanmar Livestock Federation, the aid reached many families displaced or affected by the disaster.

“Their arrival brought not just technical skill, but also confidence and warmth,” said Dr. Nay Thuyein, Chairman of the Myanmar Livestock Federation (Mandalay Branch). “FAMSUN’s support during this critical time brings essential hope for recovery — not only for the people affected, but also for our industry as a whole.”

The mission, demonstrating effective coordination across FAMSUN’s regional operations, showcased the vital role of private sector expertise in disaster response.

“This rapid response reflects our commitment not only to our partners, but also to the people and communities we serve,” said Jason Fan, Vice President of FAMSUN. “We remain dedicated to leveraging our global expertise to help strengthen the resilience of local industries and contribute to the sustainable development of agriculture across the region.”

With recovery efforts in Mandalay now completed, FAMSUN’s team is continuing its mission by providing technical support and conducting inspections at more than ten additional project sites in other affected regions, including Taunggyi. This ongoing effort reflects FAMSUN’s long-term commitment to food security and sustainable growth across Southeast Asia — staying true to its mission of contributing to a better life through agricultural innovation and partnership. 

About FAMSUN:

FAMSUN is a global leader in integrated solutions for the feed and food processing industries, dedicated to building more efficient and sustainable farm-to-table value chains worldwide. The company provides advanced systems, equipment, and engineering services across a wide range of sectors — from aqua feed and animal nutrition to pet food and food processing — serving customers in over 110 countries. Through close collaboration with leading industry partners and the support of its international research and development centers, FAMSUN is committed to delivering innovative, customized technologies that help drive agricultural advancement and create a better life for communities around the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/agri-tech-leader-famsun-leads-rapid-earthquake-recovery-efforts-in-myanmar-restoring-vital-feed-production-302426932.html

SOURCE FAMSUN