Month: September 2026

September Revenue Booked Through September 28 Approaches Twice August Levels, with Distributor Partnerships Now Spanning Six Key U.S. Markets

SANTA MARIA, Calif., Sept. 29, 2026 (GLOBE NEWSWIRE) — AMASS Brands Group (NASDAQ: AMSS) (“AMASS” or “the Company”), a premium, multi-category beverage platform spanning non-alcohol, functional, and alcohol 2.0 products, today announced that AMASS Electrolytes has achieved an approximately $1.4 million annualized revenue run rate following the line’s May 2026 launch. September revenue from its sparkling electrolyte mixers and hydration powders totaled approximately $116,000 through September 28, up 89% from August and more than triple June’s revenue, the line’s first full month of sales.

Since its debut, AMASS Electrolytes has established distributor partnerships across six key U.S. markets: California, Colorado, Georgia, Illinois, Michigan and New York. The business combines wholesale distribution of sparkling electrolyte mixers with a direct-to-consumer business in hydration powders.

“Electrolytes have moved out of the sports aisle and into everyday drinking occasions. We built this line to target both sides of the bar, hydration by day and cocktail-ready by night,” said Mark Thomas Lynn, Founder and Chief Executive Officer of AMASS. “Four months after launch, the business has reached an approximately $1.4 million annualized revenue run rate, and September revenue through the 28th is already nearly double August’s total.”

“The next phase is about repeat purchases, reaching more accounts in the six markets we already serve, and growing a powder business we sell and ship ourselves,” Lynn continued. “We have the distributor relationships and the digital capability in house. This is about pointing them at one focused opportunity.”

An Everyday Approach to Electrolytes

AMASS Electrolytes brings together sparkling mixers and portable powders designed around taste, convenience and everyday occasions. Its sparkling format serves both as a standalone beverage and a cocktail mixer, while powders expand the brand’s reach into at-home and on-the-go consumption. AMASS expects to further expand its electrolyte business through an established national platform serving approximately 20,000 beverage alcohol accounts, with reach across all 50 states and 606 distinct chain banners reached to date. The Company’s strategy combines introducing AMASS Electrolytes to existing portfolio accounts with pursuing new distribution in grocery, natural and wellness channels.

Next Phase of Growth

AMASS is prioritizing three areas:

• Expand distribution: Increase penetration within its six current markets and pursue additional retail and distributor opportunities.
• Build repeat purchases: Support existing accounts and develop consumer awareness around everyday electrolyte occasions.
• Scale hydration powders online: Grow direct-to-consumer sales through the Company’s in-house digital marketing capabilities.

The powder format also carries a capital efficiency advantage. Powders ship without water or glass, which means lower freight cost, denser pallets and less cash tied up in inventory than ready-to-drink formats.

About AMASS Electrolytes

AMASS Electrolytes are crafted with clean ingredients and designed to support recovery and everyday performance with a blend of essential electrolytes and real Pacific sea salt. The sparkling mixers are consumable as a standalone beverage or as a mixer with alcoholic or non-alcoholic spirits, and the hydration powders extend the line into at-home and on-the-go occasions. The line contains lower calories and sugar versus competitors and is Non-GMO, Gluten-Free, and Vegan. Formulations vary by flavor to deliver the right taste profile for each occasion, and full nutritional information for every AMASS Electrolytes flavor is available at www.amass.com.

About AMASS Brands Group

AMASS Brands Group (Nasdaq: AMSS) is a next-generation beverage platform built around the brands defining how modern consumers drink, and increasingly, how they don’t. The company’s portfolio spans non-alcohol, functional, and alcohol 2.0 categories, with standout brands across each: Good Twin Non-Alcoholic Wine, a top non-alcoholic wine in the U.S. and one of the fastest-growing in the category; AMASS Electrolytes, a functional disruptor redefining the hydration category; and Summer Water Rosé, the zero-sugar, #1-selling domestic rosé priced between $15 and $20 in the U.S., among others across the portfolio. As moderation trends accelerate, AMASS is positioned to benefit structurally rather than reactively, with margin discipline, cohesive brand architecture, and the multi-brand scalability that supports the Company’s long-term brand and platform growth strategy.

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Revenue Run Rate and Unaudited Information
The approximately $1.4 million annualized revenue run rate is calculated by multiplying September 2026 AMASS Electrolytes revenue booked through September 28, 2026 of approximately $116,000 by 12, resulting in $1.392 million. It does not extrapolate additional revenue for the remaining days of September. It is not revenue earned over the preceding 12 months, a full-year forecast or a guarantee of future performance. Revenue figures are unaudited and subject to normal quarter-end adjustments. Monthly revenue may fluctuate due to order timing, distributor inventory purchases, seasonality and other factors. The figures in this release relate to AMASS Electrolytes, not the Company’s total consolidated revenue.

Safe Harbor Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the Company’s expectations, beliefs, plans, intentions, strategies, prospects, future growth opportunities, anticipated market trends, distribution expansion, consumer demand, and future operating performance. These forward-looking statements include, without limitation, the Company’s statements regarding the anticipated commercial benefits of expanding AMASS Electrolytes through its existing distribution platform and into additional retail channels, anticipated consumer demand and repeat purchases, growth of direct-to-consumer hydration powder sales, and expected freight, inventory and capital efficiency benefits of the powder format. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, market conditions, changes in consumer demand, competitive conditions within the beverage industry, the Company’s ability to expand distribution and retail penetration, generate repeat purchases and grow direct-to-consumer sales, supply chain disruptions, freight and inventory costs, the availability of capital to support growth, and the other factors discussed in the “Risk Factors” section of the Company’s filings with the Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in the Company’s SEC filings, which are available at www.sec.gov. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances that arise after the date hereof, except as required by applicable law.

Investor Relations Contact
KCSA Strategic Communications
Rob Kelly, Vice President
(212) 896-1254
AMASS@KCSA.com

New ShareFile Enterprise offering helps organizations scale collaboration without scaling manual administration and security work through enterprise identity management, native data loss prevention and AI-driven threat detection

BURLINGTON, Mass., Sept. 29, 2026 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced Progress® ShareFile® Enterprise, a new offering that helps larger and regulated organizations scale sensitive document collaboration from a single platform with enhanced capabilities that support governance and security. By combining automated access, SOC-connected visibility, native data loss prevention, intelligent risk monitoring and rich investigation context, ShareFile Enterprise gives IT and security teams greater visibility, control and governance over sensitive document workflows, without disrupting the user experience.

The result is a more scalable approach to document collaboration and file sharing that helps organizations reduce administrative burden, strengthen governance and support growth without changing how employees, clients and partners work.

Sensitive document collaboration in many organizations is expanding faster than the controls built to govern it. As organizations grow, more people and workflows interact with sensitive and confidential information. At the same time, IT and security teams often rely on manual provisioning, disconnected monitoring workflows, log exports, user judgment and fragmented investigations of anomalies. Together, these create additional operational overhead as collaboration scales. The challenge is no longer simply securing more files but maintaining consistent control without creating more work, increasing operational costs or slowing down the business.

“What became clear to us is that client collaboration is about much more than where files live,” said Scott Jenkins, Director of Information Technology, Keel Point. “We need the right controls, secure client experiences and workflows to support how we work with clients, families and their advisors. ShareFile gives us that foundation, and Enterprise gives us an opportunity to strengthen it with even greater security, governance and visibility.”

ShareFile Enterprise builds on established, secure ShareFile collaboration capabilities to meet the scale and governance needs of larger organizations, with enhanced access controls and unusual activity detection to help reduce administrative overhead and strengthen security. Native Data Loss Prevention applies consistent policies to sensitive content, AI-driven behavioral analytics helps surface unusual activity quickly and a centralized security experience connects alerts with the context teams need to support more informed investigation and response.

ShareFile Enterprise includes:

• SCIM provisioning with Microsoft Entra ID: Automates employee provisioning and deactivation to help keep ShareFile access aligned with workforce changes and reduce repetitive access administration.
• SIEM integration with Splunk and Microsoft Sentinel: Routes supported ShareFile activity and security events into existing SOC monitoring tools, providing ShareFile context where security teams already work and reducing dependence on manual log exports or custom integrations.
• Native DLP (available as of October 1, 2026): Detects supported sensitive text-based content and allows administrators to apply policies that can alert, restrict external sharing or prevent downloads, moving sensitive-data protection from user reminders to consistent policy enforcement.
• User and Entity Behavior Analytics (UEBA) (available as of October 1, 2026): Analyzes activity patterns to surface unusual behavior such as abnormal downloads, off-hours activity or atypical access patterns, helping security teams identify activity worth investigating sooner.
• Centralized security operations experience (available as of October 1, 2026): Brings supported security alerts, user and activity context and investigation paths into one place, helping shorten the distance between seeing an alert, understanding what happened and determining the next appropriate action.

“For most of the last decade, as enterprises’ needs for document collaboration have scaled, they have had to layer manual security and administration work on top of the tools their teams use. With today’s governance and security standards, that model is reaching its limits,” said Loren Jarrett, EVP and General Manager, Digital Experience, Progress Software. “With the new ShareFile Enterprise offering, organizations can gain built-in control as collaboration grows, without scaling manual administration and disconnected processes. That means better outcomes and more time spent supporting the business.”
        
For more information about ShareFile Enterprise, visit https://www.sharefile.com/enterprise.

About Progress Software 
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization’s data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.

^{Progress and ShareFile and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners.}

Press Contact:           
Kim Baker
Progress Software        
+1-800-477-6473    
pr@progress.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d31cd9c9-b685-4eb6-b94c-c80a0f9c0fb7

Olathe, KS, Sept. 29, 2026 (GLOBE NEWSWIRE) — Kustom Entertainment, Inc. (NASDAQ: KUST) (the “Company”), a leader in live event production and ticketing technology, today announced a 1-for-10 reverse split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”) and proportional reduction of the number of shares of Common Stock authorized (the “Capital Stock Reduction”). The Company anticipates that the Common Stock will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a split-adjusted basis at the start of trading on October 1, 2026 and will have a new CUSIP number of 25382T705.

The Reverse Stock Split is being implemented to increase the per share trading price of the Company’s Common Stock for the purpose of ensuring a share price high enough to comply with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market.

On September 18, 2026, the Company’s board of directors approved a 1-for-10 Reverse Stock Split. The number of outstanding shares of Common Stock prior to the Reverse Stock Split is 6,506,860 and the number of outstanding shares of Common Stock following the Reverse Stock Split is 650,686, subject to adjustment for the rounding up of fractional shares.

The number of authorized shares of Common Stock prior to the Capital Stock Reduction was 13,333,333. The number of authorized shares of Common Stock following the Capital Stock Reduction is 1,333,334. The number of authorized shares of preferred stock is not affected.

Information to Stockholders

Nevada Agency and Transfer Company (“NATCO”), the Company’s transfer agent, will send instructions to stockholders of record who hold stock certificates regarding the exchange of certificates for Common Stock. Stockholders who hold their shares of Common Stock in book-entry form or in brokerage accounts or “street name” are not required to take any action to effect the exchange of their shares of Common Stock following the Reverse Stock Split. NATCO may be reached for questions at 775-322-5623.

About Kustom Entertainment, Inc. – Kustom Entertainment, Inc. is a leader in live event production and ticketing technology. The company specializes in large-scale music festivals, including the legendary Country Stampede, and provides end-to-end event management and proprietary ticketing solutions for venues across the United States. The Country Stampede Festival is one of the company’s flagship events, celebrating the best in country music while fostering community and providing a platform for emerging talent. For more information, visit http://www.kustoment.com/

Forward-Looking Statements

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Reverse Stock Split, Capital Stock Reduction, and references to the live event production business, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned, including, without limitation, risks and uncertainties related to the growth of the live event industry, and there being no guarantee that the trading price of the Company’s Common Stock will be indicative of the Company’s value. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Kustom Entertainment, Inc.
Phone: (913) 456-KUST (5878)
Email: info@kustoment.com
Website: www.kustoment.com

Appointment as Senior Strategic Advisor marks the Company’s expansion from clinical development toward commercialization of its DIFS™ platform in the United States, Europe and South America

DiTota spent over two decades in neuromodulation at Abbott and Medtronic, two of the largest companies in the field, including responsibility for Abbott’s North America commercial neuromodulation business, a division representing approximately $700 million in business

Nexalin’s Gen-2 SYNC device is already approved in China, Brazil, Oman and Israel; the engagement is intended to build the distribution relationships, go-to-market plan and commercial infrastructure required to convert those approvals into commercial sales

HOUSTON, TX, Sept. 29, 2026 (GLOBE NEWSWIRE) — Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), developer of non-invasive Deep Intracranial Frequency Stimulation (DIFS™) technology, today announced the appointment of Robert DiTota as Senior Strategic Advisor, Global Commercialization, effective September 15, 2026. Mr. DiTota will work directly with Nexalin’s executive management team, and with its Board of Directors as requested, to advise on the Company’s commercial strategy, international distribution and market development plan, go-to-market approach, and the commercial infrastructure and organizational development needed to support distribution of the Company’s neurostimulation platform.

The appointment marks an expansion of focus for Nexalin. Over the past several years the Company has concentrated on building the clinical and regulatory foundation for its DIFS™ platform, including peer-reviewed publication of its Alzheimer’s trial results, completed clinical work in Brazil, an FDA Q-Submission meeting in support of a planned U.S. pilot study in Alzheimer’s disease, and the initiation of the HALO™ Clarity pivotal program in insomnia, which is ongoing. The Company’s Gen-2 SYNC 15 milliamp device has been approved in China, Brazil, Oman and Israel. With that foundation in place, Nexalin is now building the commercial capability to distribute its technology, beginning in those approved markets and extending to the United States and Europe as regulatory milestones are achieved.

The Company is pursuing that opportunity in a market that Grand View Research estimates at approximately $7.0 billion in 2026 and projects will reach $13.9 billion by 2033. Nexalin’s position in that market rests on its clinical record. The Company’s Gen-2 SYNC device was evaluated in a randomized, double-blind, sham-controlled trial that showed statistically significant improvement versus sham on the Mini-Mental State Examination (P = .001) and the Montreal Cognitive Assessment (P = .03), together with treatment-associated changes in functional connectivity observed on MRI, and those results were published in the Journal of Alzheimer’s Disease and in Radiology. The Company believes that combination of controlled clinical data, peer-reviewed publication and regulatory approval in four countries differentiates its DIFS™ platform within non-invasive neurostimulation and provides a foundation for commercial development.

Mr. DiTota has spent more than two decades in neuroscience and medical device sales, including over 20 years in neuromodulation at Medtronic and Abbott. Beginning in 2016 he held a series of increasingly senior commercial roles at Abbott Medical Devices, most recently as Divisional Vice President of Sales for North America Commercial Neuromodulation, where he was responsible for downstream marketing, commercial excellence, sales operations, enterprise accounts, commercial strategy and sales training across a division representing approximately $700 million in business, as well as for the division’s merger and acquisition activity. As Vice President of Sales for North America Movement Disorders, he increased revenue by more than $20 million within his first year in the role. Earlier at Abbott, as Regional Sales Manager for the Northeast, he led a market development effort that opened 60 new implanting centers and grew that business from zero to more than $16 million.

Prior to Abbott, Mr. DiTota spent nine years at Medtronic, Inc., where he supported the Deep Brain Stimulation franchise across the New York metropolitan region and served as a sales and marketing representative on the launch of Medtronic’s Activa platform. He is a named co-author on published research in deep brain stimulation, including work appearing in the Journal of Clinical Neuroscience.

“The clinical and regulatory work of the past several years is what makes this next phase possible,” said Mark White, President and Chief Executive Officer of Nexalin Technology. “We have approvals in four countries and a growing body of published data behind the technology. What we need to build now is the commercial organization that turns that into sales. Rob has spent his career doing exactly that in neuromodulation, at Abbott and at Medtronic,in the United States. He understands how these products reach physicians and patients, how distribution partners are selected and held accountable, and what has to be in place before a launch. We are fortunate to have him working alongside us as we make this transition.”

“Nexalin has established an important clinical and regulatory foundation,” said Robert DiTota. “The company has generated controlled clinical data, published peer-reviewed results, and secured regulatory approvals for its Gen-2 SYNC device in four countries. The commercial opportunity now is to translate that foundation into disciplined market development in approved geographies while continuing to build the evidence, regulatory strategy and infrastructure needed for broader commercialization. That is the work in front of us.”

The Company intends to provide further updates as its commercialization strategy advances.

About Nexalin Technology, Inc.

Nexalin designs and develops innovative neurostimulation products to uniquely help combat the ongoing global mental health epidemic. Nexalin’s medical devices are non-invasive and undetectable to the human body. Nexalin products are developed to provide relief to those afflicted with mental health issues using frequency based bioelectronic medical technology. Nexalin believes its neurostimulation medical devices can penetrate structures deep in the mid-brain that are associated with mental health disorders. Nexalin believes the deeper-penetrating waveform in its next-generation devices supports enhanced patient response with a favorable tolerability profile. The Nexalin Gen-2 15 milliamp neurostimulation device has been approved in China, Brazil, Oman and Israel. Additional information about the Company is available at: https://nexalin.com/.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). These forward-looking statements relate to future events, future performance, or management’s current expectations, beliefs, assumptions, plans, estimates, intentions, or projections relating to the future, and are not guarantees of future performance. Any statements that are not statements of historical fact, or that refer to expectations, projections, or other characterizations of future events or circumstances (including, without limitation, statements containing the words “believes,” “expects,” “anticipates,” “plans,” “intends,” “will,” “may,” “could,” “should,” “would,” “designed to,” “positioned to,” “potential,” “targeted,” “seeking,” “continues,” “strategy,” “opportunity,” “estimates,” “projects,” “forecasts,” “predicts,” “outlook,” “guidance,” or similar expressions, or the negative of such terms), are forward-looking statements. Forward-looking statements also include the statements contained in the headline and subheadings of this press release and the statements attributed in quotations to the Company’s management and to Mr. DiTota, in each case to the extent they describe plans, objectives or expectations for future operations. Forward-looking statements are based on Nexalin’s current expectations, assumptions, estimates, projections, and beliefs as of the date hereof. These statements are subject to significant risks, uncertainties, and other factors, many of which are beyond the Company’s control, that could cause actual results, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release.

Forward-looking statements in this press release include, but are not limited to, statements regarding: the Company’s expansion from a clinical development focus toward commercialization and distribution of its products; the anticipated scope, contribution and results of Mr. DiTota’s engagement as Senior Strategic Advisor, Global Commercialization, and the Company’s expectation that his experience will support the development of the Company’s commercial strategy, distribution relationships, go-to-market planning and commercial infrastructure; the Company’s ability to convert existing international regulatory approvals into commercial sales; the Company’s plans to pursue commercialization in the United States, Europe and other markets where regulatory approval has not yet been obtained; estimates of market size, market composition and market growth prepared by third parties, which are based on assumptions that may prove inaccurate and which do not represent the Company’s addressable market or any expectation of the Company’s future revenue; the design, enrollment, timing, progress, results and potential outcomes of the Company’s clinical development programs, including its planned U.S. pilot study in Alzheimer’s disease and the HALO™ Clarity pivotal study in insomnia; the mechanism of action, depth of penetration, safety profile and differentiation of Nexalin’s DIFS™ platform, including the Company’s belief that the deeper-penetrating waveform in its next-generation devices supports enhanced patient response with a favorable tolerability profile; the Company’s belief that its controlled clinical data, peer-reviewed publications and existing regulatory approvals differentiate its DIFS™ platform and provide a foundation for commercial development; management’s expectations regarding future regulatory submissions, clearances and approvals; and the Company’s strategic plans, business prospects, capital needs, and ability to continue as a going concern.

Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the Company’s control. Such risks include, but are not limited to: the risk that the Company’s expansion toward commercialization may be delayed, may require substantially more capital, time or personnel than anticipated, or may not result in commercial sales or revenue; the risk that the engagement of a strategic advisor will not produce the commercial capabilities, distribution relationships or results the Company anticipates; the risk that the revenue growth and market development results attributed to Mr. DiTota in his prior roles at Abbott and Medtronic, which were achieved at substantially larger companies with established products, sales organizations and reimbursement, are not indicative of results the Company may achieve; the fact that Mr. DiTota is engaged as a non-exclusive independent consultant on a part-time basis, is not an officer or employee of the Company, and may terminate his engagement on thirty days’ notice; the Company’s limited commercial operations, limited revenue to date, and lack of an established sales and distribution organization; the risk that regulatory approvals obtained in international markets will not result in commercial sales; the risk that the approvals obtained in China, Brazil, Oman and Israel are limited in scope or indication, are subject to conditions, or may be modified, suspended or withdrawn; the risk that the results of the randomized, double-blind, sham-controlled trial described in this press release, including the Mini-Mental State Examination and Montreal Cognitive Assessment endpoints and the MRI functional connectivity findings, will not be replicated in larger or later-stage studies, will not be accepted by the FDA or other regulators as adequate support for marketing authorization, and may not translate into physician adoption, reimbursement or commercial demand; the Company’s dependence on third-party distributors and partners in international markets, and the risk that such arrangements may not be executed, may not be performed, or may not generate the volumes or revenue contemplated; the risk that third-party market estimates cited herein are inaccurate, measure a market broader than the products the Company offers, or that the Company will capture no meaningful share of any such market; the ability to obtain regulatory clearance or approval from the FDA or other regulatory bodies, including with respect to the Company’s planned U.S. pilot study in Alzheimer’s disease and the HALO™ Clarity pivotal program in insomnia, and the fact that the Company’s products are not currently approved for commercial sale in the United States or Europe; uncertainties regarding the design, enrollment, execution, timing, results and completion of clinical trials; the potential for adverse events, safety concerns, or product performance issues; market acceptance of, and reimbursement for, the Company’s products; the Company’s ability to protect and enforce its intellectual property rights; competition from existing and new treatment alternatives, including from substantially larger and better capitalized companies, including Abbott and Medtronic; the Company’s reliance on third-party manufacturers and suppliers; the Company’s ability to maintain compliance with the continued listing requirements of The Nasdaq Stock Market; the Company’s ability to secure adequate funding on acceptable terms to complete its planned clinical, regulatory and commercial programs; and general economic, political, regulatory and market conditions. Additional risks and uncertainties that could cause actual results to differ materially are described under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company’s subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings the Company makes from time to time with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these filings are available free of charge on the SEC’s website at www.sec.gov and on the Company’s investor relations website. New risk factors emerge from time to time, and it is not possible for the Company to predict all such risk factors or to assess the impact of all such risk factors on its 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.

All forward-looking statements in this press release are qualified in their entirety by this cautionary statement and the risk factors and other cautionary statements set forth in the Company’s SEC filings referenced above, and speak only as of the date they are made. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, after the date of this press release.

Contact:
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: NXL@crescendo-ir.com

Posner recognized as an AI Media Innovator for her leadership in responsible AI, content classification and brand suitability

NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) — DoubleVerify (“DV”) (NYSE: DV), the leading software platform to verify media quality, optimize ad performance and prove campaign outcomes, today announced that Stephanie Posner, VP of Policy, Safety & Global Affairs, has been named a 2026 AdExchanger Top Women in Media & Ad Tech honoree in the AI Media Innovators category.

The category recognizes women driving meaningful innovation in AI across media and marketing, from pioneering new applications to shaping responsible and effective solutions. Posner is among the 2026 honorees recognized for advancing this work across the industry.

At DoubleVerify, Posner leads the global team responsible for the policies and standards underpinning DV’s AI-powered brand suitability and contextual offerings. Her work sits at the intersection of AI, policy and media quality, helping ensure that as AI transforms how digital content is created and classified, advertisers have the transparency and controls needed to protect their brands.

“AI is fundamentally changing the digital media landscape, creating new opportunities while also introducing questions around quality, transparency and trust,” said Posner. “This recognition is especially meaningful because responsible AI isn’t just about what the technology can do; it’s about making sure we build the right standards around how it is used. I’m incredibly proud of the work our team is doing to bring research, policy and technology together in ways that help advertisers navigate this next phase of digital media with greater confidence.”

Under Posner’s leadership, DV has built a more research-driven approach to AI classification, using advertiser and consumer insights to inform how its policies and technology evolve. Her team’s research helped shape DV’s AI SlopStopper™ and how the company approaches the low-quality AI-generated content category and pre-bid capabilities designed to help advertisers avoid AI slop content that may not meet their quality standards.

Posner has helped lead several initiatives designed to strengthen trust across digital advertising. She spearheaded DV’s partnership with the Internet Watch Foundation to strengthen protections against highly illicit online content and helped established the News Accelerator™ Publisher Council – creating a direct feedback loop between publishers and the verification ecosystem to support more nuanced approaches to brand suitability in news.

Posner also engages with policymakers and industry groups on AI and brand suitability policy. Prior to joining DV, she led Monetization Product Policy at TikTok and helped shape Netflix’s global content and risk strategy. She holds graduate degrees from Yale University and a BA from Cambridge University.

About DoubleVerify
DoubleVerify (“DV”) (NYSE: DV) is the industry’s leading media effectiveness platform that leverages AI to drive superior outcomes for global brands. By powering media efficiency and performance, DV strengthens the online advertising ecosystem, preserving the fair value exchange between buyers and sellers of digital media. Learn more at www.doubleverify.com.

Chris Harihar 
646-535-9475 
chris@crenshawcomm.com 

Formind brings AI applications, education and industry skills together through an international strategy for technology commercialization and local delivery

KUALA LUMPUR, Malaysia, Sept. 29, 2026 (GLOBE NEWSWIRE) — Ruanyun Edai Technology Inc. (NASDAQ: RYET) (“RYET” or the “Company”) today launched www.formind.group, the corporate website for Formind Group, its public-facing group identity. The launch presents Formind’s strategy to build an international business connecting AI applications, education and industry: developing practical technology, helping people acquire the skills to use it, and bringing both into global markets through institutional and commercial partnerships.

Ruanyun Edai Technology Inc. remains the listed legal entity, trading on Nasdaq under RYET. Any formal legal name or ticker change remains subject to required shareholder approvals and applicable corporate, Nasdaq and administrative processes.

The Company intends to serve institutions that need both new technology and the skills to use it. Its commercial approach combines software with training, implementation and continuing support.

“Our ambition for Formind is to build global bridges between technology, education and opportunity,” said Maggie Fu, Cofounder and Chief Executive Officer. “We believe AI, STEM, engineering and applied technology are changing what institutions can deliver and what people need to learn. We want Formind to help turn those advances into useful applications, new skills and international business opportunities, working with partners who can bring them into everyday use.”

AI Applications That Connect Learning with Work

RYET’s previously announced developments since its IPO show how the strategy is taking shape. HanLink offers Chinese language practice assisted by AI, together with tools for teachers. YeeZo brings content planning and production tools into supervised university learning; a contract covering 10 laboratories is intended to support that model at a larger institutional scale. Alongside these products, Smart Campus Services extends the Company’s work into daily campus operations. The Company believes this institutional experience can help it develop technology and services around practical customer needs.

Cogni AI extends the same practical approach into enterprise and infrastructure work. Its recently announced deployment for Ningxia highway engineering archives helps structure records and check information against source documents. Engineers work alongside the customer, with the aim of turning implementation experience into capabilities that can be adapted for other institutions and markets.

Formind aims to make these applications repeatable and economical to deliver. YeeZo is designed to reduce avoidable generation and rework through better production planning. Experience from Cogni AI implementations is intended to inform reusable processing methods. For international deployment, the Company plans to work with partners that understand local language, procurement, regulation and customer support.

Building Global Bridges of Education

Formind’s international strategy builds on RYET’s own education technology experience and institutional relationships in China. The Company intends to work with academic and industry partners to adapt relevant technology, teaching resources and technical knowledge for institutions in other markets.

Teachers and users need preparation, institutions need to fit technology into their courses and operations, and customers need continuing support. Formind intends to organize those services with local partners, with the aim of creating opportunities for licensing, training and longer-term institutional relationships.

The Saudi initiative shows how those relationships have developed. HanLink’s school pilot and university cooperation were followed by local commercialization through Link Door Smart Company, a separate company owned by RYET’s CEO and CTO. RYET’s regional headquarters through Soft Cloud Smart Technology Company, its Wadi Makkah cooperation framework and its collaboration with Intersect Holding are intended to support further opportunities in research, technology localization and vocational education.

The proposed Saudi automotive and new energy vehicle institute with Changan Anyi and Intersect extends that approach into industrial education. It envisages degree and vocational pathways linking technical study with practical training. Management sees potential to connect Chinese automotive expertise with education and AI applications for electric vehicles. New programs and projects would depend on partners, definitive agreements, funding and applicable approvals.

Malaysia and the United States provide further connections. Formind Global Holdings Sdn. Bhd., the Company’s Malaysian subsidiary, has entered into a City University Malaysia agreement covering student recruitment and support. In the United States, RYET announced a HanLink pilot with the Center on Chinese Education at Teachers College, Columbia University, supported by a Company grant, to evaluate AI-assisted learning. These initiatives reflect the Company’s aim to bring students, educators and technology into international programs adapted to each institution.

Looking Ahead

CEO Maggie Fu’s experience at Manhattan Associates and IgnitionOne, together with CTO Calvin Zhao’s work co-founding and developing SearchIgnite, brings U.S. software industry experience to the Company’s international strategy.

“Our aim is to make AI useful in the work a customer actually needs to do,” said Calvin Zhao (CTO). “That means combining models with software, domain knowledge and reliable delivery. We see that process as the foundation for taking our applications into further industries and international markets.”

Management intends to advance Formind through opportunities supported by customer demand and delivery experience, building international relationships around products and services that institutions can adopt, use and expand.

The longer-term ambition is a global business in which education and AI applications strengthen each other. The Company believes this approach could create opportunities for continuing software, training and support services across education and industry.

The new website brings that direction into one corporate destination, enabling investors, institutions and partners to explore Formind’s capabilities and follow its development.

About Ruanyun Edai Technology Inc.

Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems. The Company has historically developed and provided AI-enabled teaching, learning and assessment solutions, including smart homework, smart examination and digital education services. The Company is presenting its group businesses under the Formind Group identity as part of its broader strategy to expand AI education, language learning, institutional education support and global technology initiatives.

Forward-Looking Statements

This press release contains forward‑looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable securities laws. All statements other than statements of historical fact are forward‑looking statements. Forward‑looking statements may be identified by words such as “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “goal,” “objective,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar expressions.

These statements include, among others, statements regarding the Formind strategy and website benefits; AI education and product commercialization; potential efficiency gains; international partnerships and revenue opportunities; proposed automotive and new energy vehicle education; future performance; and any legal name or ticker change.

Forward‑looking statements are based on current expectations, estimates, assumptions and projections and involve known and unknown risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, risks relating to technology performance, demand, customer adoption, partner execution, required agreements and approvals, funding, liquidity, collections, related-party arrangements, intellectual property, data protection, regulation, internal controls and Nasdaq requirements. Pilots and preliminary frameworks do not assure contracts, revenue or profitability.

Forward‑looking statements speak only as of the date of this press release. Additional risks are described in the Company’s reports filed with or furnished to the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F. Readers should not place undue reliance on these statements. The Company undertakes no obligation to update any forward‑looking statement except as required by law.

Investor Relations and Corporate Communications

FSR Capital, a FSR Group Company
Email: ir@fsr.group

TORONTO, Sept. 29, 2026 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Emperor Metals Inc. have reported a number of additional drill hole assays from the Duquesne West property in Duparquet, Quebec. To date, Emperor have completed 20,479 m of new drilling and approximately 7,884 m of targeted historical unsampled core, generating more than 28,000 m of combined drilling data. To date, a total of 142,758 m of drilling has been completed on the property. Globex retains a 50% interest in the property through its ownership interest in Duparquet Assets Ltd.

The best new intersection reported is in hole DQ-26-37 which at a vertical depth of 335 m assayed 5.9 g/t Au over 32.0 m (104 feet). To date, results have been received for 44 of 66 holes (13,943 m) representing 68% of new 2026 drilling and approximately 50% of the total expected assays.

Figure: Spatial relationship of hole DQ26-37 to key 2026 and historical high-grade gold intercepts at Duquesne West. This figure demonstrates the broad footprint of mineralization within this particular lens and underlines growth potential as systematic infill drilling continues to de-risk and expand the deposit model.

Shareholders can access the Emperor press release which includes further drill assays, details of the assay methodology, additional figures, etc. by clicking here.

Jack Stoch, P.Geo., Executive Chairman and CEO of Globex, in his capacity as a Qualified Person (Q.P.) under Ni 43-101, prepared the information that forms the basis of this written disclosure.

We Seek Safe Harbour.	Foreign Private Issuer 12g3 – 2(b)
	CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir. Executive Chairman & CEO Globex Mining Enterprises Inc. 120 Carlton Street, Unit 219 Toronto, Ontario, Canada M5A 4K2	Tel.: 819.797.5242 Fax: 819.797.1470 info@globexmining.com www.globexmining.com

Caution Regarding Forward-Looking Statements

Certain statements included in this press release may constitute “forward-looking statements” within the meaning of applicable Canadian securities laws. Except as may be required by such laws, Globex Mining Enterprises Inc. (“Globex”) does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements, by their very nature, are subject to numerous risks and uncertainties. As a result, actual results could differ materially from Globex’s expectations expressed in or implied by such forward-looking statements. No assurance can be given that any events anticipated by the forward-looking statements will materialize, or if any of them do, what benefits Globex will derive therefrom. Numerous risk factors which may cause actual results to differ materially from expectations expressed in or implied by the forward-looking statements are discussed in Globex’s annual information form for the 2025 fiscal year filed with the Canadian securities regulatory authorities, available on SEDAR+ at www.sedarplus.ca and on Globex’s website at www.globexmining.com. Globex cautions readers that such risks are not the only ones that could impact it. Additional risks and uncertainties not currently known to Globex or that Globex currently deems to be immaterial may have a material adverse effect on Globex’s business, financial condition, and results of operations. Given these risks and uncertainties, Globex cautions investors and others against placing undue reliance on such forward-looking statements as a prediction of future results or for any other purpose. This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “1933 Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the 1933 Act), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the 1933 Act.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1a040a44-6c83-4027-be05-256df4724925

66% of AI Users Save at Least Three Hours Per Week as Contractors Seek Clearer Use Cases and Trade-Specific Technology

LOS ANGELES, Sept. 29, 2026 (GLOBE NEWSWIRE) — ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today released its The Update: 2026 State of AI in the Trades report, revealing that contractors are increasingly focused on how to effectively implement AI and translate its productivity benefits into measurable business results. Based on a survey of more than 1,000 residential and commercial trades contractors across the U.S., the findings highlight growing demand for clearer use cases, trade-specific technology, and AI solutions that integrate into existing business operations.

“Over the next few years, the businesses that pull ahead will be the ones that weave AI into the fabric of their operations,” said Abhishek Mathur, Chief Technology and Product Officer at ServiceTitan. “Every job, every customer interaction, every dispatch decision becomes a learning moment that will improve future performance while increasing efficiency of operations.”

AI delivers measurable productivity gains
AI users are reporting tangible productivity benefits, with 66% saving at least three hours per week. However, fewer than half report improved profitability (47%) or increased revenue (43%), highlighting an opportunity to translate efficiency into broader business outcomes.

Workforce challenges are a leading driver of AI experimentation
Difficulty hiring and the workforce gap is the top reason contractors cite for experimenting with AI (37%), followed by providing off-hours support (34%) and reducing operating costs (33%). The findings suggest contractors are looking to AI to help extend the capacity of their existing teams and support operational needs amid persistent workforce pressures.

The biggest barriers have shifted from cost to understanding how to use AI effectively
High purchase cost fell 12 percentage points from the previous survey to 17%, ranking last among the key barriers measured. Instead, 44% of contractors cite understanding how to use AI in their business as a barrier, 43% point to a lack of clear use cases, and 40% cite integration with existing software. The shift suggests contractors are increasingly focused on how to successfully implement AI and generate meaningful value from the technology.

Contractors want AI built for the way they work
As contractors look for clearer paths to implementation, 38% say AI trained on trade-specific data would encourage greater adoption, second only to clearer ROI at 40%. Additionally, 61% of users prefer AI and automation to be built directly into their core platform, pointing to growing demand for technology designed around the specific workflows and operational needs of the trades.

AI adoption is outpacing trust
Despite growing usage and demonstrated productivity benefits, only 11% of contractors place high or complete trust in the AI tools they use, while 58% report little or no trust. Among AI users, accuracy and reliability are the leading concern, cited by 35%, underscoring the importance of trustworthy technology grounded in relevant data and designed around real-world trade workflows.

To view the full findings and key takeaways, download ServiceTitan’s 2026 State of AI in the Trades Report here.

About the research; forward-looking statements
The survey was conducted on behalf of ServiceTitan by Thrive Analytics, an independent third-party research provider and a leading digital marketing research firm, polling 1,017 verified U.S. residential and commercial trades contractors across HVAC, plumbing, electrical, roofing, garage doors, pest control, landscaping, and fire and life safety. Fielded May 26 to June 15, 2026. Margin of error plus or minus 3.7 points at the total sample, wider for subgroups. Comparisons use the prior wave of 1,032 contractors, fielded October 23 to November 12, 2025. Question wording was lightly revised between waves. This research is for informational purposes only and ServiceTitan provides no assurances (express or implied) with respect to the accuracy of the survey data or analysis. Forward-looking economic and industry outlooks represent the views of the survey respondents, and may not represent the view of ServiceTitan or its affiliates. Forward-looking statements are subject to risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied.

About ServiceTitan
ServiceTitan is AI for the trades — a purpose-built agentic operating system designed to automate the workflows that run a contracting business, from enterprise commercial construction to residential field service, exteriors and beyond. The company’s end-to-end solution gives contractors the tools they need to run and grow their business, while providing a stellar customer experience. Learn how ServiceTitan is equipping tradespeople with the AI technology they need to keep the world running at: www.servicetitan.com

© 2026 ServiceTitan. All rights reserved. ServiceTitan, the ServiceTitan logo, and all ServiceTitan product and service names mentioned herein are registered trademarks or unregistered trademarks of ServiceTitan, Inc. in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

Press Contact
Max Wertheimer
ServiceTitan, Inc.
Press@servicetitan.com

MCLEAN, Va., Sept. 29, 2026 (GLOBE NEWSWIRE) — Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”) today announced that it has resolved the previously disclosed John Doe defamation action in the United States District Court for the Eastern District of Virginia. The defendant, who published under anonymous aliases, has admitted the accusations were false and has signed a retraction and personal apology.

Cycurion previously stated it would identify anonymous posters who accused the Company and its officers of fraud, securities violations, stock manipulation, and other criminal conduct — and hold them accountable. Those accusations were false. That commitment has now been met in this case.

“We do not litigate for theater. We said we would pursue the people who used aliases to accuse this Company of crimes it did not commit. We did,” said L. Kevin Kelly, Chairman and Chief Executive Officer of Cycurion. “The defendant has retracted those statements in writing and apologized. He is barred from repeating them, barred from trading our stock, and required to cooperate. Words have consequences. So do false ones.”

What the Settlement Requires

Without identifying the individual by name, and without disclosing confidential payment terms, the Company confirms the settlement includes:

A signed retraction and apology. The defendant acknowledges that the accusations were false, that he had no factual basis for them, and that he regrets the harm caused to Cycurion, its CEO, and the Company’s officers, directors, and employees. Cycurion is free to use and publish the signed retraction and apology.

A permanent stop. The defendant is prohibited from making, publishing, or causing to be published any further statement that disparages, defames, or casts Cycurion or its leadership in a negative light, including any suggestion of fraud, securities violations, or criminal conduct.

A permanent ban on trading Cycurion securities and on public commentary about the Company. The defendant has represented that he holds no long or short position in Cycurion securities and has agreed he will not trade those securities or derivatives, advise others to do so, or publish analysis or opinion concerning Cycurion on any social media platform, message board, or public forum.

Full and truthful cooperation. The defendant has agreed to cooperate regarding short selling and naked short selling of Cycurion stock, and any coordination with other investors, short sellers, or market makers relating to Cycurion securities.

Teeth. The parties will file a stipulated dismissal with prejudice. A confession of judgment will be held in escrow, with additional remedies immediately available if the defendant fails to cooperate truthfully or otherwise breaches the agreement.

The Standard Going Forward

Defamatory posts on message boards that falsely accuse a public company and its officers of crimes are not protected speech. Cycurion will continue to identify anonymous posters, compel their identities through the courts, and hold them accountable. This resolution is limited to the John Doe defamation action. Separate previously disclosed legal matters remain pending and will be addressed in later updates.

“Shareholders should take this as evidence, not a speech,” Kelly said. “We told the market what we would do. We did it. We will do it again if we have to.”

About Cycurion, Inc.
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. More info: www.cycurion.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the defendant’s future compliance with, and cooperation under, the settlement agreement; the Company’s ability to enforce the settlement agreement and the remedies available upon breach; the information the Company may obtain through the defendant’s cooperation; the Company’s intention to identify anonymous posters, seek to compel disclosure of their identities, and hold them accountable; the status and outcome of other previously disclosed legal matters; and the Company’s plans to provide future updates to shareholders. Forward-looking statements may be identified by words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions.

All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied, many of which are outside the control of Cycurion and are difficult to predict. These risks and uncertainties include, but are not limited to: the risk that the defendant fails to comply with the settlement agreement or cooperate truthfully; the risk that enforcing the settlement agreement, including the confession of judgment, requires further court proceedings or does not result in full recovery; the risk that information obtained through the defendant’s cooperation is incomplete, inaccurate, or insufficient to support further claims; the risk that courts decline to compel disclosure of the identities of anonymous posters or that responsible parties cannot be identified; the risk that current or future litigation, including in other previously disclosed legal matters, is unsuccessful, costly, or prolonged, diverts management’s attention, or results in counterclaims, sanctions, or fee-shifting, including under anti-SLAPP statutes; the risk that publicity concerning these matters affects the market price or volatility of the Company’s common stock; and risks related to the Company’s business generally, including customer performance and satisfaction, contract modifications, delays, or terminations, and the Company’s ability to fulfill its contractual obligations. Additional factors that could cause actual results to differ materially can be found in Cycurion’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Forward-looking statements speak only as of the date they are made, and Cycurion assumes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Cycurion Investor Relations:
(888) 341-6680
investors@cycurion.com

Cycurion Media Relations:
(888) 341-6680
media@cycurion.com

NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today provided an update following the Brazilian government’s recently announced decision to prohibit regulated online betting and gaming operations in Brazil.

Inspired is disappointed by the decision, particularly given the significant investment made by the industry to establish a regulated and responsible online gaming market in Brazil. The Company will comply with all applicable regulatory requirements and is working closely with its operator partners as they implement the required changes.

Brazil has grown into a meaningful market for Inspired and an important contributor to the Company’s rapidly growing digital business. The Company expects substantially all of its existing revenue contribution from Brazil to be impacted for as long as the prohibition remains in effect.

There remains uncertainty regarding the ultimate outcome and timing of the regulatory process. The provisional measure is subject to consideration by the Brazilian Congress within 120 days, and Inspired understands that industry participants and trade associations are also evaluating legal challenges to the measure, including potential requests for injunctive relief. The Company will continue to monitor these developments closely but is not assuming a reversal of the prohibition in its current outlook.

Assuming the shutdown remains in effect through the end of 2026, before any potential legislative or legal resolution, the Company currently estimates fourth quarter revenue to be approximately $3 million lower as a result.

“We are disappointed by the provisional executive measure issued in Brazil, particularly following the industry’s substantial investment in developing a regulated market with appropriate consumer protections,” said Brooks Pierce, President and Chief Executive Officer of Inspired Entertainment. “We respect the regulatory process and are complying with the new requirements alongside our operator partners. While Brazil had become a meaningful contributor to our rapidly growing digital business, Inspired remains well diversified across products, customers and geographies.”

Given the evolving situation in Brazil and the uncertainty around its timing and ultimate resolution, Inspired expects to update its full year 2026 outlook when it reports third quarter results, at which point the Company expects to have greater visibility into the potential impact.

About Inspired Entertainment, Inc.

With a proven track record of innovation, Inspired is a leading provider of content, technology, hardware and services for licensed gaming, betting and lottery operators around the world. Inspired’s proprietary games resonate with players and deliver consistent performance for gaming operators across interactive, virtual sports, and retail gaming environments. Inspired’s content and gaming systems are designed to work together across digital and retail channels, enabling scalable deployment and a consistent player experience. Through this integrated content-led approach, Inspired helps operators strengthen their offerings, drive engagement, and deliver compelling player experiences.

Additional information can be found at www.inseinc.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our ability to bring certain of our products to customers in the various markets in which we operate and execute on our strategic plan, statements regarding expectations with respect to potential new customers and statements regarding our anticipated financial performance. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “plan,” “will,” “would” and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on Inspired management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of Inspired’s control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing Inspired’s views as of any subsequent date. We cannot guarantee that the results anticipated by management, as set forth herein, will be realized or, even if realized, will have the expected effects on our results of operations or financial performance. Such results may be affected by, among other things, the “Risk Factors” section of Inspired’s annual report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent quarterly reports on Form 10-Q, which are available, free of charge, on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Inspired does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as required by law.

Contact:
For Investors
IR@inseinc.com