Month: September 2026

AB „Ignitis grupė“ (hereinafter – Ignitis Group) informs that, as works to remedy the consequences of the record storm that hit Lithuania continue for a third week, an extraordinary meeting of the Board of Energijos skirstymo operatorius (ESO) was convened on 10 September after receiving the resignation notice of ESO CEO Renaldas Radvila. The ESO Board accepted R. Radvila’s resignation statement, with 30 September 2026 being considered his last day in office.

To ensure smooth organisation of ESO’s operations and handover of work, Audrius Ruseckas, Head of ESO’s Finance and Administration Service, will be appointed interim CEO of ESO as of 1 October 2026. ESO Board has agreed to initiate the selection of the new ESO CEO immediately.

“A leader is responsible for everything: both when the company operates successfully and when it disappoints customers. It is impossible to control the storm itself, but all of us together should have been better prepared for it. After the previous storm in 2024, we initiated many changes, but I feel that we did not do everything we could have. Therefore, as a leader, I take responsibility,” says ESO CEO Renaldas Radvila.

“The resignation of ESO’s CEO is a difficult but understandable step. Now the most important task ahead of all of us is to join the forces of the company and the responsible institutions and immediately adopt the necessary decisions that would ensure the required changes, greater network resilience and rapid restoration. It is essential to fundamentally update the network resilience improvement plan and initiate actions within the company focused on rapid response, faster decision-making and a quicker pace of implementation,” says Ignitis Group CEO Darius Maikštėnas.

For additional information, please contact:

Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt

AB „Ignitis grupė“ (hereinafter – Ignitis Group) informs that, as works to remedy the consequences of the record storm that hit Lithuania continue for a third week, an extraordinary meeting of the Board of Energijos skirstymo operatorius (ESO) was convened on 10 September after receiving the resignation notice of ESO CEO Renaldas Radvila. The ESO Board accepted R. Radvila’s resignation statement, with 30 September 2026 being considered his last day in office.

To ensure smooth organisation of ESO’s operations and handover of work, Audrius Ruseckas, Head of ESO’s Finance and Administration Service, has been appointed interim CEO of ESO as of 1 October 2026. ESO Board has agreed to initiate the selection of the new ESO CEO immediately.

“A leader is responsible for everything: both when the company operates successfully and when it disappoints customers. It is impossible to control the storm itself, but all of us together should have been better prepared for it. After the previous storm in 2024, we initiated many changes, but I feel that we did not do everything we could have. Therefore, as a leader, I take responsibility,” says ESO CEO Renaldas Radvila.

“The resignation of ESO’s CEO is a difficult but understandable step. Now the most important task ahead of all of us is to join the forces of the company and the responsible institutions and immediately adopt the necessary decisions that would ensure the required changes, greater network resilience and rapid restoration. It is essential to fundamentally update the network resilience improvement plan and initiate actions within the company focused on rapid response, faster decision-making and a quicker pace of implementation,” says Ignitis Group CEO Darius Maikštėnas.

For additional information, please contact:

Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt

Creative OS is now online as VGTel establishes a commercial revenue strategy, secures exclusive technology licenses and prepares dedicated infrastructure for Creative OS and MiraLink™

LANDER, Wyo., Sept. 10, 2026 (GLOBE NEWSWIRE) — VGTel, Inc. (OTC: VGTL) (“VGTel” or the “Company”) is taking a significant step in rebuilding its operating business with the addition of a new commercial technology platform: Creative OS.

Creative OS is online and available now at TheCreativeStudio.ai. The AI-powered platform gives VGTel an immediate commercial technology initiative designed to pursue revenue while building a broader business around artificial intelligence, digital content creation and automation.

For VGTel, that revenue has a purpose.

Management intends to use revenues generated through the commercialization of Creative OS to support operations, address corporate obligations and help fund the Company’s efforts to restore current reporting status.

VGTel has entered into exclusive licensing agreements with VegaCore Holdings for Creative OS and MiraLink™, giving VGTel exclusive rights to use and commercialize both technologies under the terms of the agreements. VegaCore Holdings retains ownership of the underlying intellectual property and associated patent rights.

Dedicated infrastructure through Cogent Communications will support both Creative OS and MiraLink™ as VGTel moves forward with commercialization and deployment.

The strategy is straightforward: commercialize the technology, build revenue, strengthen the Company and move VGTel toward current reporting status.

Rebuilding VGTel Through Commercial Operations

VGTel is not current in its reporting, and management recognizes that restoring the Company’s reporting status is an important priority for shareholders.

Management’s immediate objective is to satisfy the Company’s outstanding annual fee obligation to OTC Markets Group. Once that obligation is addressed and the applicable issuer services are restored, management intends to proceed with posting the Company’s financial reports and disclosures and work toward satisfying the applicable requirements necessary to restore VGTel to current reporting status.

Management believes becoming current should be accompanied by something equally important: a viable operating business capable of generating revenue.

Creative OS was developed with that objective in mind.

Rather than relying solely on outside financing to rebuild the Company, VGTel intends to pursue commercial revenue through its licensed technology portfolio and use available resources to support corporate operations, outstanding obligations and the Company’s reporting efforts.

The goal is not simply to restore VGTel’s reporting status. The goal is to restore VGTel with a business behind it.

Creative OS — From Development to Commercialization

Creative OS is an AI-powered creative technology platform designed to bring digital content creation, AI-assisted workflows, asset management and automation into a unified environment.

The platform is operational and publicly available at TheCreativeStudio.ai.

Through its executed exclusive license agreement with VegaCore Holdings, VGTel holds exclusive rights to use and commercialize Creative OS under the terms of the agreement, while VegaCore retains ownership of the underlying intellectual property.

VGTel’s focus now moves from development toward commercialization, customer acquisition and revenue generation.

Management intends to pursue opportunities to expand Creative OS, develop its user base and establish recurring commercial activity around the platform.

Follow Creative OS on X: @CreativeOSAI.

Because VGTel and VegaCore Holdings are under common control, the licensing arrangement will be disclosed as a related-party transaction, as applicable.

MiraLink™ — Continuing VGTel’s Scientific Technology Strategy

The Company’s previously announced MiraLink™ technology remains an important part of VGTel’s longer-term technology strategy.

MiraLink™ is a distributed environmental, observational and scientific technology platform designed to support environmental monitoring, astronomy, UAP research, multi-sensor data collection and longer-term space-related applications.

VGTel has entered into an exclusive licensing agreement with VegaCore Holdings for MiraLink™, giving VGTel exclusive rights to use and commercialize the technology under the terms of the agreement. VegaCore Holdings retains ownership of the underlying intellectual property and associated patent rights.

VegaCore Holdings received an official Filing Receipt from the United States Patent and Trademark Office (USPTO) acknowledging U.S. Provisional Patent Application No. 63/962,203 associated with the MiraLink™ technology. The Filing Receipt identifies VegaCore Holdings as the applicant and reflects that a foreign filing license was granted July 7, 2026.

The USPTO filing milestone, together with VGTel’s exclusive MiraLink™ license, provides a framework for continuing development and future commercialization of the technology.

With Creative OS providing VGTel’s immediate commercial focus, management intends to continue advancing MiraLink™ as part of the Company’s broader scientific, observational, UAP research and longer-term space technology strategy.

Cogent Communications — Infrastructure Behind Both Platforms

Technology requires infrastructure.

VGTel has entered into a colocation agreement with Cogent Communications for dedicated server infrastructure to host and support both Creative OS and MiraLink™.

The infrastructure is expected to support AI workloads, platform services, scientific data processing, development and future expansion.

VGTel is working with Jeff Mielke, National Account Manager at Cogent Communications, regarding the Company’s colocation requirements and server deployment.

Management views the Cogent agreement as an important operational step connecting VGTel’s technology portfolio with the dedicated infrastructure required to support commercialization and future growth.

Technology Structure

VGTel’s commercialization model is straightforward:

• VegaCore Holdings — Owns and protects the Creative OS and MiraLink™ intellectual property.
• VGTel — Holds exclusive rights to use and commercialize the technologies under its license agreements.
• Cogent Communications — Provides dedicated infrastructure to host and support both platforms.

VegaCore develops and protects the underlying intellectual property, while VGTel serves as the public-company commercialization vehicle for Creative OS and MiraLink™ under the exclusive licensing agreements.

Own. License. Deploy. Commercialize.

Message to Shareholders

Management recognizes shareholder concerns regarding reporting delays, financial constraints and the Company’s recent period of limited public communication.

Shareholder confidence must be earned through execution and measurable progress.

“I recognize that shareholders have not heard enough from us over the past several months. During that time, however, the work did not stop. Our astronomy program has continued, our telescope in Chile remains operational, and we continue looking outward—observing the cosmos and collecting data for ongoing scientific research. At the same time, we have been building the technology and commercial foundation for VGTel’s next phase.”

“Today, we have more to talk about. Creative OS is online, our exclusive technology licenses are in place, VegaCore received the USPTO Filing Receipt for the MiraLink™ provisional patent application, and VGTel has contracted for Cogent infrastructure to support both platforms.”

“Our immediate objective with Creative OS is commercialization and revenue. We intend to use revenues generated through the platform to help support operations, address corporate obligations and fund our efforts to restore VGTel to current reporting status.”

“MiraLink™ and our astronomy work remain part of our longer-term scientific vision, including environmental observation, astronomy and UAP research. Creative OS gives us something equally important—a commercial platform we can build around today. We have continued the science. We have built new technology. We are putting the infrastructure in place. Now we have to execute.”

— Kenneth Williams, Chief Executive Officer, VGTel, Inc.

Near-Term Priorities

VGTel’s near-term priorities are to:

• Commercialize Creative OS and pursue revenue growth;
• Expand Creative OS customer adoption and commercial opportunities;
• Satisfy the Company’s outstanding OTC Markets annual fee obligation and proceed with the Company’s reporting process;
• Deploy Cogent server infrastructure supporting Creative OS and MiraLink™;
• Advance reporting and corporate compliance;
• Address outstanding corporate obligations; and
• Continue MiraLink™ development, UAP research and deployment.

VGTel intends to provide additional updates as material developments occur.

The Company’s focus is execution, revenue, transparency and measurable progress.

About VGTel, Inc.

VGTel, Inc. (OTC: VGTL) is a technology-focused company pursuing opportunities involving artificial intelligence, emerging technologies, astronomy, scientific research and commercialization.

Through exclusive licensing agreements with VegaCore Holdings, VGTel holds rights to use and commercialize Creative OS and MiraLink™ under the terms of those agreements.

The Company’s strategy combines near-term commercial technology opportunities with longer-term initiatives involving observational systems, environmental monitoring, astronomy, UAP research and space-related applications.

About Creative OS

Creative OS is an AI-powered creative technology platform designed to integrate digital content creation, AI-assisted workflows, asset management and automation within a unified environment.

Website: TheCreativeStudio.ai
X: @CreativeOSAI

VegaCore Holdings owns the underlying Creative OS intellectual property, and VGTel holds exclusive use and commercialization rights under its license agreement.

About MiraLink™

MiraLink™ is a distributed environmental, observational and scientific technology platform designed to support environmental monitoring, astronomy, UAP research, multi-sensor data collection and longer-term space-related applications.

VegaCore Holdings is the applicant on U.S. Provisional Patent Application No. 63/962,203 and retains ownership of the underlying MiraLink™ intellectual property and associated patent rights. VGTel holds exclusive use and commercialization rights under its license agreement.

About Cogent Communications

Cogent Communications is a global, facilities-based provider of internet connectivity and network services. Its network and data center infrastructure provide businesses with internet connectivity and colocation services supporting a range of technology applications.

For additional information, visit CogentCo.com.

About VegaCore Holdings

VegaCore Holdings is a Wyoming corporation focused on the ownership, development, protection, licensing and commercialization of intellectual property and technology assets.

Its portfolio includes Creative OS and MiraLink™, spanning artificial intelligence, creative technology, distributed sensing, observational science and advanced data systems.

VegaCore Holdings retains ownership of the underlying Creative OS and MiraLink™ intellectual property, while VGTel holds exclusive commercialization rights under the companies’ license agreements.

Through these exclusive licensing arrangements, VGTel serves as the public-company commercialization vehicle for Creative OS and MiraLink™, while VegaCore Holdings remains the owner and developer of the underlying intellectual property.

For additional information, visit VegaCoreHoldings.com.

Forward-Looking Statements

This press release contains forward-looking statements regarding VGTel’s plans, objectives and expectations, including its efforts to satisfy outstanding OTC Markets fees, restore applicable issuer services, proceed with its reporting process, restore current reporting status, generate revenue, address corporate obligations, deploy infrastructure, commercialize Creative OS and MiraLink™, acquire customers, expand operations and pursue future scientific and technology initiatives.

Forward-looking statements involve risks and uncertainties, and actual results may differ materially. There can be no assurance that Creative OS or MiraLink™ will achieve commercial acceptance, generate sufficient revenue, attract customers or successfully scale, or that VGTel will obtain sufficient financing, successfully deploy planned infrastructure, satisfy outstanding obligations or restore its reporting status within any particular timeframe.

U.S. Provisional Patent Application No. 63/962,203 is a provisional patent application and has not been examined for patentability by the USPTO.

Readers should not place undue reliance on forward-looking statements. VGTel undertakes no obligation to update such statements except as required by applicable law.

Corporate Contact

VGTel, Inc.
Investor & Corporate Communications
info@vgtelinc.com
vgtelinc.com

Creative OS
Website: TheCreativeStudio.ai
X: @CreativeOSAI

Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of VGTel, Inc to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, VGTel, Inc undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

DEERFIELD, ILL., Sept. 10, 2026 (GLOBE NEWSWIRE) — BAB, Inc. (OTCQB: BABB), today announced that its Board of Directors has declared a quarterly distribution of one cent ($0.01) per share, payable on October 20, 2026 to shareholders of record as of September 29, 2026.

The Company believes it is possible for tax purposes, a portion of this distribution and any future distributions that the Board may declare in 2026 (collectively, the “Distributions”) may be treated as a return of capital to shareholders to the extent of each shareholder’s basis, while the remaining portion of the Distributions may be treated as a dividend.

The portion of the October 20, 2026 Distribution that will be treated as a dividend will not be determined until January 2027, as that portion is dependent upon the Company’s earnings for tax purposes for its fiscal year ending November 30, 2026. The final determination will be reported to recipients of the Distributions on a tax information return in early 2027.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet® and Brewster’s® coffee. The Company’s stock is traded on the OTCQB under the symbol BABB and its web site can be visited at www.babcorp.com.

Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.

Contact:    BAB, Inc.
                 Geraldine Conn
                 Phone: (847) 948-7520 Fax: (847) 405-8140 www.babcorp.com