Latest news with #POCI
Yahoo
10 hours ago
- Health
- Yahoo
Legislature to repeal MinnesotaCare for undocumented adults
Demonstrators gather for a protest organized by the Minnesota Immigrant Rights Action Committee calling for the continuation of MinnesotaCare for undocumented adults at the Minnesota State Capitol Tuesday, May 27, 2025. (Photo by Nicole Neri/Minnesota Reformer) Despite Democratic-Farmer-Labor control of the state Senate, the governor's office, and half of the House, Republicans forced Democrats to roll back one of their signature accomplishments from the 2023 legislative session: health care for undocumented people. The Legislature is expected to vote Monday to repeal undocumented adults' eligibility for MinnesotaCare, the state-subsidized health insurance program for the working poor. Children would still be covered. Republicans successfully used their leverage — the threat of a government shutdown starting July 1 — to force the Democrats' hand on an issue that is of supreme importance to GOP lawmakers. The DFL pulled out all nearly of the stops to avoid cutting health care access for undocumented adults. During negotiations, DFL leaders offered Republicans concessions related to paid leave, earned sick and safe time, and noncompete agreements — but Republicans didn't budge, said Sen. Alice Mann, DFL-Edina. 'They turned all of those things down, because all they wanted…was to make sure that the 17,000 people were left out to die, that we worsen our health care system and that we decrease our tax revenue,' Mann said at a press conference Monday decrying the move. When Gov. Tim Walz and legislative leaders announced a budget deal — contingent on repealing MinnesotaCare eligibility for undocumented adults — on May 15, lawmakers with the People of Color Indigenous Caucus protested outside the door. They told reporters later that they were blindsided by the deal. After the announcement, POCI caucus members brought alternatives to legislative leaders, said Rep. Liish Kozlowski, DFL-Duluth. The POCI caucus suggested capping undocumented enrollment in MinnesotaCare, raising premiums, allowing children currently enrolled to retain coverage instead of aging out, or making exceptions for elderly people or those with chronic conditions. None of those options made it into the bill, which is expected to be heard first on the House floor during a 21-hour special session beginning at 10 a.m. Republicans have repeatedly exaggerated the cost of providing health care to undocumented people enrolled in MinnesotaCare. Enrollment has exceeded the state's expectations, however, with more than 17,000 undocumented people currently enrolled. Meanwhile, per-person spending on the undocumented population has been lower than expected, according to the Department of Human Services. Federal politics and funding have complicated the issue: A budget bill passed by the GOP-controlled U.S. House would cut funding to states that provide health care to undocumented people, including Minnesota. And while the federal government pays for some of the cost of MinnesotaCare, it doesn't contribute any money for undocumented enrollees. Walz is expected to sign the bill into law.
Yahoo
27-03-2025
- Business
- Yahoo
Precision Optics to Participate in the Lytham Partners 2025 Industrials & Basic Materials Investor Summit on April 1, 2025
GARDNER, Mass., March 27, 2025 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, today announced that it will participate in a webcasted fireside chat at the Lytham Partners 2025 Industrials & Basic Materials Investor Summit, taking place virtually on Tuesday, April 1, 2025. The fireside chat will take place at 3:30 p.m. ET on Tuesday, April 1, 2025. The webcast can be accessed by visiting the conference home page at or directly at A replay of the fireside chat will be available through the same links. 1x1 investor meetings will be available after the event upon request by contacting a Lytham Partners representative at 1x1@ About Precision Optics CorporationFounded in 1982, Precision Optics is a vertically integrated optics company primarily focused on leveraging its proprietary micro-optics, 3D imaging and digital imaging technologies to the healthcare and defense/aerospace industries by providing services ranging from new product concept through mass manufacture. Utilizing its leading-edge in-house design, prototype, regulatory and fabrication capabilities as well as its Ross Optical division's high volume world-wide sourcing, inspecting and production resources, the Company is able to design and manufacture next-generation product solutions to the most challenging customer requirements. Within healthcare, Precision Optics enables next generation medical device companies around the world to meet the increasing demands of the surgical community who require more enhanced and smaller imaging systems for minimally invasive surgery as well as 3D endoscopy systems to support the rapid proliferation of surgical robotic systems. In addition to these next generation applications, Precision Optics has supplied top tier medical device companies a wide variety of optical products for decades, including complex endocouplers and specialized endoscopes. The Company is also leveraging its technical proficiency in micro-optics to enable leading edge defense/aerospace applications which require the highest quality standards and the optimization of size, weight and power. For more information, please visit About Forward-Looking Statements This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of the Company in light of their respective experience and perception of historical trends, current conditions, and expected future developments and their potential effects on the Company as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting the Company will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including risks that the closing conditions for this offering will not be achieved, the demand for the Company's products, global supply chains and economic activity in general and other risks and uncertainties identified in the Company's filings with the SEC. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. Company Contact: PRECISION OPTICS CORPORATION22 East BroadwayGardner, Massachusetts 01440-3338Telephone: 978-630-1800 Investor Contact:LYTHAM PARTNERS, LLCRobert BlumTelephone: 602-889-9700poci@ in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Precision Optics Appoints Buell Duncan to Board of Directors; Dr. Richard Miles Retires from Board
GARDNER, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, is pleased to announce the appointment of Buell Duncan to its Board of Directors. Mr. Duncan brings decades of executive leadership and strategic expertise, further strengthening the Company's commitment to innovation and growth. With an extensive career in the technology and business sectors, Mr. Duncan held senior leadership positions at a number of IBM global business units from 1992 through 2020 where he was instrumental in driving marketing, strategy, and business development initiatives. Most recently, he was Chief Marketing Officer of IBM Software, Cloud, Data and AI businesses. He currently is a Portfolio Advisor, and Limited Partner with Iron Gate Capital, a venture capital firm focused on early-growth B2B technology companies, a Board observer of SHARE Mobility and Respondology, and a Strategic Advisor to Geminos AI, Demand Spring and Pillir Software. 'We are thrilled to welcome Buell Duncan to our Board of Directors,' said Peter Woodward, Chairman of the Board of Precision Optics. 'Buell's experience building and leading sales and marketing teams for organizations both large and small will be valuable to POC as we work to capitalize on sizeable market opportunities.' In connection with Buell Duncan's appointment, Dr. Richard Miles has retired from the Board of Directors. Dr. Miles was initially appointed to Precision Optics' Board in November 2005. 'I want to thank Dick for his commitment and contributions to POC over the past 20 years. We were fortunate to have a technical leader of Dick's caliber serve on the Board, and we wish him the best in the future,' Mr. Woodward stated. About Precision Optics CorporationFounded in 1982, Precision Optics is a vertically integrated optics company primarily focused on leveraging its proprietary micro-optics, 3D imaging and digital imaging technologies to the healthcare and defense/aerospace industries by providing services ranging from new product concept through mass manufacture. Utilizing its leading-edge in-house design, prototype, regulatory and fabrication capabilities as well as its Ross Optical division's high volume world-wide sourcing, inspecting and production resources, the Company is able to design and manufacture next-generation product solutions to the most challenging customer requirements. Within healthcare, Precision Optics enables next generation medical device companies around the world to meet the increasing demands of the surgical community who require more enhanced and smaller imaging systems for minimally invasive surgery as well as 3D endoscopy systems to support the rapid proliferation of surgical robotic systems. In addition to these next generation applications, Precision Optics has supplied top tier medical device companies a wide variety of optical products for decades, including complex endocouplers and specialized endoscopes. The Company is also leveraging its technical proficiency in micro-optics to enable leading edge defense/aerospace applications which require the highest quality standards and the optimization of size, weight and power. For more information, please visit About Forward-Looking Statements This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of the Company in light of their respective experience and perception of historical trends, current conditions, and expected future developments and their potential effects on the Company as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting the Company will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including risks that the closing conditions for this offering will not be achieved, the demand for the Company's products, global supply chains and economic activity in general and other risks and uncertainties identified in the Company's filings with the SEC. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. Company Contact: PRECISION OPTICS CORPORATION22 East BroadwayGardner, Massachusetts 01440-3338Telephone: 978-630-1800 Investor Contact:LYTHAM PARTNERS, LLCRobert BlumTelephone: 602-889-9700poci@
