Author: Ravi Shankar

HYTRON to Be Showcased at Hall 10, Booth J15 from October 21–23, Supporting Primech AI’s Commercial Expansion in South Korea

Key Facts At-a-Glance

Who: Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), in partnership with NCM Co., Ltd., HYTRON’s exclusive distribution partner in South Korea.

What: Exhibition of HYTRON, Primech AI’s autonomous AI-powered restroom-cleaning robot, at CLEAN KOREA 2026, with opportunities for prospective customers to enquire about consultations and proof-of-concept (PoC) trials.

When: October 21–23, 2026. HYTRON is currently undergoing Korean product certification (KC), with commercial availability in South Korea expected from Q1 2027.

Where: KINTEX Exhibition Center 2, Hall 10, Booth J15, South Korea.

Why It Matters: The exhibition strengthens Primech AI’s presence in South Korea through its exclusive local distribution partnership with NCM, supporting customer engagement and potential deployment opportunities ahead of HYTRON’s anticipated commercial availability.

SINGAPORE, Oct. 20, 2026 (GLOBE NEWSWIRE) — Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), a Singapore-headquartered technology-driven facilities services and AI robotics group, today announced that its subsidiary, Primech AI Pte. Ltd. (“Primech AI”), will showcase its flagship autonomous restroom-cleaning robot, HYTRON, in partnership with NCM Co., Ltd. (“NCM”), HYTRON’s exclusive distribution partner in South Korea, at CLEAN KOREA 2026.

The exhibition will take place from October 21 to 23, 2026, at KINTEX Exhibition Center 2, Hall 10, South Korea. Visitors can meet the team at Booth J15 to explore HYTRON’s autonomous cleaning capabilities and its applications across commercial and institutional facilities.

Participation alongside NCM supports Primech AI’s strategy to expand HYTRON’s international presence through local distribution partnerships, connecting its robotics technology with prospective customers and deployment opportunities in the South Korean market.

Expanding HYTRON’s International Market Presence

The CLEAN KOREA exhibition builds on HYTRON’s international showcases at CMS Berlin 2025 in Germany, the Japan Build Tokyo 2025 Building Maintenance & Clean Expo in Japan, and CES 2026 in Las Vegas, as Primech AI continues to develop commercial opportunities across key markets.

Bringing together professionals from the cleaning, hygiene, facilities management and housing management sectors, CLEAN KOREA provides a platform for Primech AI and NCM to engage facility operators, cleaning service providers and other prospective customers.

Through its partnership with NCM, Primech AI aims to strengthen local market engagement, develop customer relationships, and explore deployment opportunities. This approach combines Primech AI’s robotics capabilities with its distribution partner’s local market knowledge to support HYTRON’s commercialisation.

HYTRON is currently undergoing Korean product certification (KC), with commercial availability in South Korea expected from the first quarter of 2027. At CLEAN KOREA 2026, NCM will engage prospective customers and accept enquiries for consultations and potential proof-of-concept (PoC) trials, supporting early market engagement ahead of commercial availability.

For Primech, expanding HYTRON’s adoption represents an opportunity to build a scalable robotics business alongside its established facilities services operations. Longer-term robot deployment and service relationships offer the potential to broaden the Group’s recurring-revenue base as its international robotics business develops.

Intelligent Automation for Commercial Restroom Cleaning

HYTRON is a fully autonomous AI-powered restroom-cleaning robot designed to clean toilets, urinals, wash basins, sinks, floors and mirrors. Combining intelligent navigation with robotic manipulation, HYTRON automates repetitive cleaning tasks to support consistent hygiene standards and improve workforce productivity.

The robot’s autonomous capabilities include self-charging and automatic water refilling and discharge, reducing the need for continuous human intervention during routine operations. Its monitoring and reporting capabilities also provide facility operators with greater visibility into cleaning performance.

Built for demanding commercial environments, HYTRON addresses a practical operational need: helping facility operators maintain restroom hygiene while enabling cleaning teams to focus on other essential responsibilities.

Management Commentary

“South Korea is an important market in our international robotics growth strategy, and our partnership with NCM gives us a local platform to connect HYTRON with prospective customers,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited. “CLEAN KOREA brings together the industry professionals who evaluate, procure and operate cleaning solutions, making it a valuable opportunity to demonstrate HYTRON’s relevance to their facilities.”

“Our focus is on translating international interest into customer relationships and sustainable commercial opportunities. By combining our facilities services experience, autonomous cleaning technology and local distribution partnerships, we aim to expand HYTRON’s adoption and build a robotics business that contributes to long-term shareholder value.”

Exhibition Details

• Event: CLEAN KOREA 2026
• Dates: October 21–23, 2026
• Venue: KINTEX Exhibition Center 2, Hall 10, South Korea
• Booth: J15
• Exhibition Partner: NCM Co., Ltd. (Exclusive Distribution Partner in South Korea)
• Featured Solution: HYTRON autonomous restroom-cleaning robot
• Event Website: https://www.cleankorea.org/en

About Primech AI

Primech AI develops autonomous robotics solutions for the facilities services industry. Its flagship robot, HYTRON, combines AI-powered navigation and robotic manipulation to automate commercial restroom cleaning. Drawing on the Group’s facilities services experience, Primech AI focuses on practical automation that supports hygiene standards, workforce productivity and operational efficiency. For more information, visit https://primech.ai.

About Primech Holdings Limited

Primech Holdings Limited (Nasdaq: PMEC) is a Singapore-headquartered technology-driven facilities services and AI robotics group with operations in Singapore and Hong Kong. Through its subsidiaries, the Group provides cleaning, facilities maintenance, stewarding, waste management and pest control services to public and private sector clients.

Through its subsidiary Primech AI, the Group develops HYTRON, an autonomous restroom-cleaning robot that combines AI perception with robotic manipulation. The Group also operates HomeHelpy, a consumer home-services booking platform.

Primech Holdings was incorporated in 2020 and listed on the Nasdaq Capital Market in October 2023. For more information, visit investor.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including statements regarding the Company’s exhibition participation, international expansion, distribution partnerships, HYTRON’s Korean product certification process, expected commercial availability, commercialisation and adoption, potential deployment and service relationships, recurring-revenue opportunities and future growth. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations, projections and assumptions.

Forward-looking statements may be identified by words such as “may,” “will,” “expect,” “anticipate,” “aim,” “intend,” “plan,” “believe,” “potential” and similar expressions. Actual results may differ materially from those expressed or implied. Investors should review the risks and uncertainties described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise these statements except as required by law.

Investor Relations

Primech Holdings Limited
ir@primechholdings.com
www.primechholdings.com

Media & Business Enquiries in South Korea

NCM Co., Ltd.
DJ Lee, Director
djlee@go-ncm.com

VANCOUVER, British Columbia, Oct. 20, 2026 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (OTCID: BLOZF) (Frankfurt: 8CT) (the “Company” or “Cannabix”), a developer of marijuana and alcohol breath testing technologies is pleased to announce that it has made first commercial delivery of its new breath-based multi-drug test panel. The panel is modeled after the drug classes included in the U.S. Department of Transportation’s (DOT) federally mandated urine drug testing program, including amphetamines/methamphetamines, cocaine, marijuana (THC), opiates, and phencyclidine (PCP) (the “DOT-like Panel”).

This first deployment follows the validation by Omega Laboratories, Inc. of a laboratory developed test method utilizing the Cannabix Breath Collection Unit (“BCU”) and Breath Cartridge technologies. The validated method supports the simultaneous detection of multiple drug classes from breath samples, expanding Cannabix’s breath testing capabilities beyond cannabinoids and demonstrating the versatility of its technology.

Figure 1. Cannabix Marijuana Breath Test hardware including Breath Collection Unit (BCU) and Breath Cartridge (BC) technologies.

Unlike urine and hair testing, which can identify historical drug exposure over days, weeks, or months, employers and other decision-makers are often seeking information about more recent drug use. Breath testing is intended to target a substantially shorter detection window following drug consumption. Cannabix’s breath-testing technology is designed to help address this gap by focusing on a shorter detection period, ranging from 15 minutes to 4 hours after use, which provides a more relevant time window in safety-sensitive situations. By combining observed breath collection, chain-of-custody procedures, split-sample capability, and laboratory mass spectrometry confirmation, the Company’s breath-based DOT-like testing model is designed to support drug testing programs where scientific rigor, evidentiary defensibility, and operational practicality are important requirements.

The Company’s new breath-based multi-drug test panel option expands Cannabix’s breath-testing platform beyond marijuana detection and is targeted toward workplace testing, criminal justice and treatment monitoring programs, post-incident investigations, reasonable-suspicion testing, and other safety-sensitive environments where recent-use assessment is a key objective.

About Cannabix Technologies Inc.

Cannabix Technologies Inc. is a leading developer of breath-based technologies designed to enhance public safety and reduce impairment-related risks in workplaces, law enforcement, and a range of different settings. The Marijuana Breath Test (MBT) targets delta-9 THC—the primary psychoactive compound in cannabis—in breath, providing a practical solution for identifying recent marijuana use.

The BreathLogix, unmanned alcohol screening solution supports organizations in proactively monitoring alcohol impairment, strengthening safety protocols, and promoting responsible behavior. By delivering innovative, non-invasive screening tools, Cannabix aims to help reduce accidents, improve decision-making, and protect organizations, individuals and the public at large. Visit www.cannabixtechnologies.com

We seek Safe Harbor.

On behalf of the Board of Directors

“Rav Mlait”

CEO
Cannabix Technologies Inc.

For further information, contact the Company at info@cannabixtechnologies.com

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements may include, but are not limited to, statements regarding the development, validation, performance, commercialization, deployment, market acceptance, regulatory considerations, and potential applications of the Company’s breath-testing technologies, including its marijuana breath-testing programs, multi-drug breath-testing initiatives, Breath Collection Unit (“BCU”), Breath Cartridge technologies, and related products and services. Forward-looking statements are often identified by words such as “expects,” “anticipates,” “believes,” “intends,” “plans,” “may,” “will,” “could,” “should,” and similar expressions. Forward-looking statements are based on management’s current expectations, assumptions, and beliefs as of the date of this news release. Actual results may differ materially from those expressed or implied by such forward-looking statements due to various risks and uncertainties, including but not limited to research and development outcomes, technology performance, validation results, regulatory developments, intellectual property protections, commercial adoption, industry acceptance, competitive factors, availability of financing, and general economic and market conditions. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable securities laws.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4700246e-375c-410d-bf41-55faf39a9ef1

-Correspondent Network Grows to Seven Signed Agreements as AtlasClear Builds Scale on Its Existing Clearing Platform-

-New Correspondents Expected to Support Stock Loan and Interest Income Growth as Onboarding Progresses-

TAMPA, Fla., Oct. 20, 2026 (GLOBE NEWSWIRE) — AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear” or the “Company”), a company building regulated financial infrastructure for smaller institutions, fintechs and advisors, today announced the execution of its seventh correspondent broker-dealer agreement through AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.) (“AtlasClearing”), the Company’s wholly owned correspondent clearing subsidiary.

As previously signed correspondents complete onboarding and begin clearing through AtlasClearing, the Company expects their customer assets and trading activity to support growth in clearing fees, stock loan revenue and interest income from margin balances, customer cash and securities lending. That opportunity builds on a revenue mix that has already moved beyond commissions: in fiscal 2026, stock locate revenue grew to $6.8 million from approximately $0.3 million, and sources other than commissions accounted for approximately 54% of total revenue. Total revenue for fiscal 2026, as reported in the Company’s Annual Report on Form 10-K, increased 85% to $20.1 million, and the Company earned an additional approximately $1.8 million of interest income, reported in other income. Those results do not yet reflect material revenue from the Company’s newly signed correspondents, which have not yet completed onboarding.

AtlasClear is building scale in a business with few participants and high barriers to entry: FINRA’s 2026 Industry Snapshot identifies 25 member firms whose primary business is correspondent clearing. AtlasClearing has grown from a single correspondent to seven signed agreements today, and each new correspondent is expected to add customer accounts, assets and settlement activity to a platform whose capital, technology and operations are already in place. AtlasClearing ended fiscal 2026 with net capital of approximately $14.4 million, up 29% from a year earlier, supporting its capacity to take on additional correspondents. Infrastructure work completed during earlier correspondent integrations has shortened onboarding timelines and expanded the platform’s capacity to clear for multiple correspondents concurrently, and the operations staff AtlasClearing has added supports both current correspondent activity and continued pipeline development.

“Seven signed agreements show that demand for a clearing partner built around smaller broker-dealers is translating into executed contracts,” said John Schaible, Executive Chairman of AtlasClear Holdings. “Correspondent clearing is the foundation of the platform we are building at AtlasClear, and because the infrastructure, the capital and the team are already in place, each new relationship is expected to add revenue with only incremental additional expense. That operating leverage is the base on which our pending and planned acquisitions and our banking strategy are designed to build.”

“A broker-dealer that moves its clearing relationship is placing real trust in us, and we earn that trust through the quality of the conversion,” said Craig Ridenhour, President of AtlasClear Holdings and Chairman of AtlasClearing, Inc. “With the previously signed firms moving through onboarding, our team has refined the process with each one, and the seventh will benefit directly from that experience as we bring its business onto the platform. As these firms begin clearing, their customer assets and trading activity should support our stock loan business and interest income.”

AtlasClear continues to advance discussions with additional broker-dealers as it scales its correspondent clearing platform through AtlasClearing and expects to announce further agreements as they are executed.

About AtlasClear Holdings, Inc.

AtlasClear Holdings, Inc. (NYSE American: ATCH) is building a technology-enabled financial services platform designed for trading, clearing, settlement, and banking for emerging financial institutions and fintechs. Through its wholly owned subsidiary AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.), a full-service correspondent broker-dealer registered with the SEC and FINRA, its pending acquisition of Ark Financial Services, Inc., and its planned acquisition of Commercial Bancorp of Wyoming, AtlasClear Holdings seeks to deliver a vertically integrated suite of investment banking, brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, follow us on LinkedIn or X and visit www.atlasclear.com.

To stay up to date on AtlasClear’s platform strategy and market perspective, subscribe to the Company’s YouTube channel and watch the Clearing the View by AtlasClear video series.

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, its future operations and financial performance. Forward-looking statements in this communication may be identified by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions.

Forward-looking statements include, but are not limited to, statements regarding expected future growth, strategic initiatives, the onboarding and conversion of the Company’s newly signed correspondent broker-dealers and the timing and revenue contribution of those relationships, the expansion of the Company’s stock locate, stock loan, securities lending and margin businesses, the Company’s future financing activities, the proposed acquisition of Commercial Bancorp of Wyoming, the proposed acquisition of an institutional digital asset business and the execution of definitive documentation for that acquisition, the proposed acquisition of Ark Financial Services, Inc., the expected timing and completion of the Ark transaction, receipt of FINRA, banking and other required regulatory and stockholder approvals, the anticipated benefits of the Ark transaction, including the combined company’s revenue mix, the expected revenue contributions of the proposed acquisitions, future financial performance, future capital markets activity, and the Company’s ability to execute on its business strategy. The letter of intent for the digital asset acquisition is non-binding (other than certain customary provisions), and there can be no assurance that a definitive agreement will be executed or that the proposed acquisition will be completed on the terms described, or at all.

These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company’s control, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include, but are not limited to: the Company’s failure to enter into a definitive agreement with the digital asset business, or its failure to complete the proposed acquisitions on favorable terms or at all; the failure to receive FINRA or stockholder approval or to satisfy the other conditions to the Ark transaction; the risk that the Ark transaction is not completed on the terms described or at all; dilution from the issuance of AtlasClear common stock; failure to receive the required regulatory approvals for the proposed acquisitions, including the acquisition of Commercial Bancorp of Wyoming; the Company’s inability to integrate, and to realize the benefits of, the proposed acquisitions; delays in onboarding correspondent broker-dealers or the failure of correspondent relationships to generate the anticipated revenue or the termination of correspondent clearing agreements; changes in general economic or political conditions; changes in the markets that AtlasClear targets; slowdowns in securities or digital asset trading or shifting demand for trading, clearing and settling financial products; and any change in laws applicable to AtlasClear or any regulatory or judicial interpretation thereof. For additional information regarding risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2026. AtlasClear undertakes no obligation to update or revise forward-looking statements, except as required by law.

Company Contact:
AtlasClear Holdings, Inc.
Email: AtlasClearIR@atlasclear.com

Investor Relations Contact:
Jeff Ramson, CEO
PCG Advisory, Inc.
Email: jramson@pcgadvisory.com

Press Release

        

Atos successfully delivers large-scale, global digital workplace transformation for Orange Business

Paris, France, October 20, 2026 – Atos, a global leader in AI-powered digital transformation, today announces the successful delivery of a large-scale internal Digital Workplace transformation program for Orange Business, marking a key milestone in one of the Orange Business ’s most significant global IT outsourcing initiatives.

Under a seven-year contract signed in early 2024, Atos has supported Orange Business in transforming its internal workplace services across a global footprint, covering nearly 30,000 users in more than 60 countries. The transformation program, delivered over a two-year migration period, represents the first initiative of this scale to externalize Digital Workplace services within Orange Business.

Delivering a unified and scalable Digital Workplace

With the deployment of this program, called “MyDesk” conducted in collaboration between Atos and Orange Business, employees now benefit from a single, unified digital workplace portal, providing seamless access to all workplace services — including support, incident management, device requests, a global service catalog and an harmonized support model, combining centralized service desks with aligned local support capabilities.

Atos and Orange Business have for example implemented a comprehensive set of end-user services designed to enhance both productivity and user experience. These include multi-level service desks, local support through on-site “tech bars”, and multiple AI based innovative offers.

Driving operational performance through a standardized global platform

At the core of this transformation is the deployment of a unified IT Service Management (ITSM) platform based on ServiceNow, enabling the aggregation of previous processes into a single global operating model.

By consolidating multiple legacy support chains into a single operating model supported by standardized processes, Orange Business has significantly improved operational visibility and control, user experience and autonomy in accessing IT services, incident resolution times and service responsiveness, across level of service in all geographies. This industrialized approach also enables cost optimization through service consolidation, while strengthening overall IT performance at scale.

The transformation represented a significant operational challenge, with processes largely redesigned from scratch. The rollout was conducted by both teams in successive stages, starting with France, followed by major service centers, and then expanding to the rest of the countries. This phased approach enabled Atos and Orange Business to ensure service continuity while progressively scaling the new model globally.

Embedding sustainability into Digital Workplace services

Sustainability has been a key requirement for the program since its inception. Atos supports Orange Business in monitoring and reducing the environmental footprint of its Digital Workplace through dedicated carbon reporting capabilities. A specialized solution enables measurement of emissions associated with both services and devices, with ongoing monitoring to support long-term optimization. The contract also includes Green IT practices designed to optimize device lifecycle management, extend equipment lifespan, and reduce overall environmental impact, without compromising a high level of user experience.

Ensuring security and sovereign support for sensitive environments

To address sensitive use cases, a dedicated sovereign support model has been implemented for specific user populations.

Accelerating innovation with next-generation technologies

Atos and Orange Business are also exploring through ongoing workshops how generative artificial intelligence in the DWP MyDesk context, could be leveraged to further enhance service quality, automate processes, and support new user experiences. While these capabilities are still under evaluation, they illustrate the ambition of both partners to continuously evolve the Digital Workplace and anticipate future technological development.

“We are proud to have supported Orange Business in this unprecedented transformation” said Marc Lachaize, head of digital workplace, Atos France. “The achievement of this program demonstrates Atos’ ability to deliver complex, large-scale Digital Workplace programs worldwide, combining operational excellence, innovation, and sustainability to fulfil our customers’ needs and support our clients’ business performance”.

“Together with Atos, we have successfully built a unified and seamless Digital Workplace for Orange Business across our global footprint, based on market standards and providing a strong foundation for future innovation” said Emmanuel Berre – head of Orange Business digital workspace.

***

About Atos
Atos is the Atos Group brand dedicated to AI-powered, secure, end-to-end digital services. Atos designs, develops, and operates critical digital environments that drive performance, resilience and sovereignty, helping public and private organizations worldwide retain control over their data and infrastructures, while meeting regulatory requirements.

With more than 52,000 employees serving over 4,500 clients across 54 countries, Atos helps modernize core IT systems, accelerate cloud and data transformation, strengthen cybersecurity, and deliver secure digital workplace environments to support its clients, its employees and society. Atos also provides consulting and advisory services through its Atos Amplify brand.

A trusted partner in operating complex and mission-critical environments, Atos supports organizations across highly regulated and sovereign contexts.

About Atos Group

Atos Group is a global leader in digital transformation with c. 54,000 employees and annual revenue of c. €7.2 billion, operating in 54 countries under two brands – Atos for services and Eviden for products and systems. European number one in cybersecurity and a leader in cloud, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos Group is listed on Euronext Paris.

Press contact

Laurent Massicot – laurent.massicot@atosgroup.com

Attachment

• Global PR – Atos Successfully Delivers Large-Scale, Global Digital Workplace Transformation for Orange Business

Award Expands Lakeland’s Existing Relationship with Cleveland Fire Brigade that Includes Jolly Structural Firefighting Footwear

HUNTSVILLE, Ala., Oct. 20, 2026 (GLOBE NEWSWIRE) — Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Eagle Technical Products business has been awarded a two-year contract by Cleveland Fire Brigade in the United Kingdom for the supply of protective firefighting gloves and particle-blocking hoods.

The contract was awarded following a competitive open tender process covering two product categories. Eagle was selected to supply its ETF320K Ultimate Glow firefighting gloves and EF20TKV-PV PREVENT particle-blocking hoods. The initial two-year contract includes options for two additional 12-month extensions. Financial terms of the agreement were not disclosed.

The award expands Eagle’s existing relationship with Cleveland Fire Brigade, where Lakeland’s Jolly brand is already the contracted supplier of structural firefighting footwear. With the addition of gloves and hoods, Lakeland will now supply Cleveland Fire Brigade with protective products across three categories and two of its specialist fire brands.

“This is a good example of the opportunity we see from bringing our fire brands together and expanding our relationships with fire departments,” said Jim Jenkins, President and Chief Executive Officer of Lakeland Industries. “Jolly currently supplies Cleveland with structural firefighting footwear, and this award adds Eagle gloves and hoods for a more comprehensive solution. We believe there is a meaningful opportunity to build deeper customer relationships by introducing more of our fire portfolio to departments already using Lakeland products.”

The contract also represents continued commercial progress for Eagle’s ETF320 glove platform as the product gains traction in the UK fire market against established glove manufacturers.

Jenkins added, “These individual wins add up. Our objective is to compete successfully product by product, expand the number of Lakeland products used by each customer, and continue building our position in the global fire market.”

The award reflects Lakeland’s continued investment in its global Fire Products portfolio, which includes firefighter turnout gear, protective hoods, gloves, helmets and structural firefighting footwear.

About Lakeland Fire + Safety

Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. In addition, we provide decontamination, repair and rental services that complement our fire services portfolio. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community (“EEC”), Canada, Chile, Argentina, Commonwealth of Independent States (“CIS”) Region, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.

For more information about Lakeland, please visit the Company’s website at www.lakeland.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

This press release contains estimates, predictions, opinions, goals and other “forward-looking statements” as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company’s predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management’s expectations for earnings, revenues, expenses, inventory levels, capital levels, liquidity levels, or other future financial or business performance, strategies or expectations, including without limitation our M&A strategy and tariff mitigation plans. All statements, other than statements of historical facts, which address Lakeland’s expectations of sources or uses for capital, or which express the Company’s expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in press releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland’s future results will not be materially different from those described herein as “believed,” “projected,” “planned,” “intended,” “anticipated,” “can,” “estimated” or “expected,” or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.

Investor Relations
Chris Tyson
Executive Vice President
MZ Group – MZ North America
949-491-8235
LAKE@mzgroup.us 
www.mzgroup.us 

New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity

MANCHESTER, N.H., Oct. 20, 2026 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader for motion control and energy-efficient systems, is expanding its robotics portfolio with precision sensing and 48V power architectures to address key hardware challenges in physical AI, including torque density, thermal management, and functional safety for human-robot collaboration. 

Key Portfolio Innovations Include: 

• 48V Power Integration: The A81481 48V power management IC (PMIC) reduces overall system footprint and hardware costs by 50% while accelerating time-to-market for robotics OEMs.
• High-Torque Joint Precision: The A17802 and A17803 inductive position sensors deliver stray-field immunity without supplemental shielding and tolerate mechanical air-gap variations.
• Micro-Joint Dexterity: The CT310 XtremeSense™ TMR and A33023 Hall-effect angle sensors deliver sub-degree, solid-state accuracy to replace bulky wire-wound resolvers and optical encoders.

“Precise motion control, accurate sensing, and efficient power management are fundamental to advanced robotic manipulation,” said Harpal J.S. Mandaher, CEO and co-founder of Sarcomere Dynamics Inc. “We’re proud to partner with Allegro to integrate their advanced motion controllers, sensors, and power ICs into our Scorpion gripper and are on track to extend this collaboration to our next-generation ARTUS Dex – a 24-degree-of-freedom (DoF) robotic hand that delivers near-human dexterity for advanced physical AI applications.”

Single-Chip PMIC Simplifies and Shrinks 48V Robotic Power Design 

As humanoid designs adopt 48V architectures to reduce cabling weight and minimize resistive losses, engineers face the challenge of safely stepping down higher voltages within tight enclosures. Leveraging decades of automotive engineering experience, Allegro’s A81481 addresses this directly. As a single-chip 48V PMIC engineered for safety-critical robotics, it delivers complete system power and safety regulation directly from a 48V bus, eliminating the need for external pre-regulators. 

By integrating dual buck regulators, five low-dropout (LDO) outputs, and ASIL-D-capable safety diagnostics (including a triple-watchdog architecture) into a 6×6 mm compact package, the A81481 powers remote sensing clusters while simplifying board layout and cutting total system footprint and BOM costs by roughly 50%. 

Sub-Degree Precision for Fluid, Natural Motion

For high-torque actuators like shoulder, hip, and knee joints, the A17802 and A17803 inductive position sensors provide accurate and reliable position measurement in demanding motor control environments. The A17803 is also available in an ultra-compact QFN package, and both sensors deliver reliable operation under varying air gaps through on-chip compensation and advanced filtering, while built-in stray-field immunity eliminates the need for expensive shielding. 

For the tighter mechanical constraints of robotic hands and fingers, Allegro’s CT310 XtremeSense™ TMR and A33023 Hall-effect angle sensors offer greater resilience to contamination, mechanical shock, and runout that can degrade traditional encoder technologies. The CT310 delivers sub-degree accuracy in a 2×2 mm DFN package, while the A33023 adds low-latency, stray-field immunity, and multiple digital output options for applications requiring robust diagnostics and functional safety support.

“In fixed industrial robots, weight and space are less constrained because thick cables, large external drives and liquid cooling are practical,” said Andreas Friedrich, Senior Director of Technology & Strategy at Allegro MicroSystems. “But in autonomous humanoids with 30-plus degrees of freedom, every gram and millimeter matters. By combining true 48V power management, robust motor and gate drivers, stray-field-immune inductive and compact TMR sensors, we give robotics engineers integrated, safety-ready building blocks to maximize torque, manage tight tolerances, and enable fluid motion.” 

Availability 

For more information about the A17802 and A17803 QFN package variant inductive position sensors, the CT310 TMR angle sensor, the A33023 Hall-effect angle sensor, and the A81481 PMIC, including samples and evaluation support, visit Allegro Robotics Building Blocks. Attendees at electronica 2026 can also see Allegro’s latest robotics power and sensing solutions at Hall C6, Booth 129. 

About Allegro MicroSystems 

Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel electrification, automation, AI data center, and robotics forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in “automotive-grade” technology and a partner in our customers’ success. For additional information, visit allegromicro.com. 

Forward-Looking Statements 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release, including statements regarding the anticipated performance, customer benefits, cost savings, and customer collaboration potential of Allegro’s products and the timing of such collaborations, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. 

In some cases, you can identify forward-looking statements by terms such as “will,” “expect,” “anticipate,” “plan,” “project,” “believe,” “estimate,” “potential,” or other similar expressions. No forward-looking statement is a guarantee of future performance, and you should avoid placing undue reliance on these statements. 

Forward-looking statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our ability to successfully develop and commercialize new products; customer adoption rates of emerging technologies; the timing and success of customer design wins; our ability to compete effectively; and other risk factors identified in our Annual Report on Form 10-K for the year ended March 27, 2026, as updated by our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release, and except as required by law, we assume no obligation to update them. 

Media Contact:
Andrew MacLellan
Corporate Communications
(617) 633-4909
am@embedded-pr.com

Allegro Contact:
Ram Sathappan
Vice President of Global Marketing and Applications
rsathappan@allegromicro.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/552c4e45-4aa0-4d27-b0f4-495d933f6caf

ATHENS, Greece, Oct. 20, 2026 (GLOBE NEWSWIRE) — Rubico Inc. (Nasdaq: RUBI) (the “Company” or “Rubico”), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that after taking into account the September 30, 2026, charter-free vessel value estimates from two third party international brokers, debt outstanding and cash, management estimates the Company’s net asset value (“NAV”) as of September 30, 2026 to be $258.0 million. This reflects a 41% increase from the previous NAV reported on July 16, 2026. This translates into a NAV of $20.49 per common share (based on the number of common shares currently outstanding) and $3.58 per common share on a fully-diluted basis (assuming exercise of all outstanding warrants and the conversion in full of the outstanding Senior Convertible Notes issued October 19, 2026 and Series G Convertible Preferred Shares).

The Company’s CEO said:

“As of yesterday’s market close, we are trading at more than a 94.02% discount to our current estimate of our fully-diluted NAV. Our fleet has an average age of approximately 5.5 years, consisting of state-of-the-art vessels equipped with the latest eco-friendly and fuel-efficient specifications. In addition, our newbuilding pipeline comprises of three high-specification 47,499 dwt MR tanker newbuildings, scheduled for delivery in the second, third and fourth quarters of 2029. The pipeline also includes a high-specification 60-meter megayacht scheduled for delivery in the second quarter of 2027, which we intend to divest and expect to achieve a meaningful equity release.

Net asset value (“NAV”) is widely referenced in the shipping industry, both by shipping companies and by the financial institutions that finance shipping assets. It is used to compare asset values across companies, to track the evolution of each company’s asset values over time and to measure compliance with the loan to value ratio, one of the most commonly used financial covenants in shipping loans. While we have no present plans to dispose of any of our vessels, the net proceeds we receive in any sale of our vessels may be significantly lower than NAV. For example, NAV is customarily quoted on a charter-free basis, an approach the Company follows and applies consistently. However, given the exceptionally strong tanker spot and time charter markets of recent months, prevailing market time charter rates are significantly higher than the rates under the Company’s existing time charters. Under prevailing market conditions, adjusting vessel values and NAV for the present value of the difference between the Company’s contracted charter rates and prevailing market time charter rates over the remaining charter periods would result in a highly significant reduction in vessel values and NAV. Based on the average charter-adjusted valuations from two third-party international shipbrokers, the Company estimates that its share price as of yesterday’s market close implies approximately a 92.24% discount to its charter-adjusted NAV per common share, as compared to a 94.02% discount to its NAV per common share on a charter-free basis, in each case on a fully-diluted basis as of yesterday’s market close. That being said, our fixed-rate time charters with first-class charterers provide long-term contracted revenue and cash flow visibility, mitigating the Company’s exposure to market volatility.”

About the Company

Rubico Inc. is a global provider of shipping transportation services specializing in the ownership and operation of tanker vessels. The Company is an international owner and operator of two modern, fuel efficient, eco 157,000 dwt Suezmax tankers. Furthermore, the Company owns three 47,499 dwt MR tanker newbuildings scheduled for delivery in the second, third and fourth quarters of 2029 and a 60-meter newbuilding megayacht scheduled for delivery in the second quarter of 2027, which the Company intends to divest.

The Company is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Athens, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “RUBI”.
Please visit the Company’s website at: https://rubicoinc.com/

For further information please contact:
Nikolaos Papastratis
Chief Financial Officer
Rubico Inc.
Tel: +30 210 812 8107
Email: npapastratis@rubicoinc.com

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including with respect to the Company’s estimated net asset values, including on a charter-adjusted basis, the expected delivery of the Company’s newbuildings, the Company’s plans for the disposition of any of its vessels, the intended divestment of the Company’s megayacht and the estimated potential equity release.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. Please see the Company’s filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) — via AINewsWire — ECGI Holdings Inc. (OTC: ECGI) today announces its placement in an editorial published by AINewsWire (“AINW”), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

To view the full publication, “The Future of Healthcare: AI-Powered, Coordinated and Proactive Care,” please visit: https://ibn.fm/GWjhe

American healthcare is moving from treating illness after it strikes to preventing it before it starts. U.S. health spending reached $5.3 trillion in 2024, and Medicare Advantage now covers 35.2 million people, or 55% of eligible beneficiaries. KFF projects Medicare Advantage payments of $574 billion in 2026, giving health plans a powerful reason to keep members healthy.

That shift is opening the door for a new kind of player. ECGI Holdings Inc. has completed its acquisition of Avanta Group, a developing platform that spans a Medicare Advantage health plan, management services and AI-enabled health technology. The acquisition gives ECGI a direct path into coordinated, proactive care just as the industry is searching for better ways to deliver it. 

About ECGI Holdings Inc.

ECGI Holdings is a technology-driven investment and development company focused on building innovative, technology-enabled businesses with sustainable, long-term revenue models. Its portfolio and strategic interests span high-growth sectors including artificial intelligence and fintech.

NOTE TO INVESTORS: The latest news and updates relating to ECGI are available in the company’s newsroom at https://ibn.fm/ECGI

For more information, visit ECGI Holdings.

About AINewsWire

AINewsWire (AINW) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.

AINW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from AINewsWire, text “AI” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit www.AINewsWire.com

DISCLAIMER: AINewsWire (AINW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by AINW are solely those of AINW. Readers of this Article and content agree that they cannot and will not seek to hold liable AINW for any investment decisions by their readers or subscribers. AINW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

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SAN JOSE, Calif., Oct. 20, 2026 (GLOBE NEWSWIRE) — Synaptics Incorporated (Nasdaq: SYNA) today introduced the xMCU, a new class of microcontrollers that runs multimodal Edge AI, with the launch of the Synaptics Astra^® SR200 Series. Unlike conventional MCUs constrained by limited on-chip memory and compute, the xMCU combines heterogeneous, AI-native compute and acceleration with integrated high-bandwidth custom DRAM scalable to hundreds of megabytes, enabling larger AI models and richer multimodal workloads to run entirely on-device. The Astra SR200 Series of xMCUs is designed for the next generation of AI wearables, battery-powered sensing devices, connected cameras, streamers, and industrial vision and voice systems.

AI is increasingly shifting out of the cloud and into resource-constrained Edge devices. At the same time, the most compelling new Edge applications are not simply smaller versions of cloud workloads. They are device-native experiences that combine modalities such as voice, vision, audio, motion, and contextual sensing, and must respond privately, in real time. The Astra SR200 Series of xMCUs was created for exactly these applications, which outgrow the memory of traditional MCUs but can’t afford the power and cost of applications processors.

The SR200 Series is powered by the Synaptics Torq™ AI engine, which brings a standards-based hardware architecture and unified developer experience featuring the Coral NPU™ from Google Research. It also comes with the industry’s first pairing of the Arm^® Cortex^®-M85 and Cortex^®-M52. Together with integrated vision and audio capabilities and hardware-rooted security, the SR200 Series brings unmatched system design efficiency and cost benefits to Edge and Physical AI designs.

Setting a new standard for the industry, the Astra SR200 Series is engineered around the following core vectors: high-performance compute with extensible memory; transformer-ready AI acceleration; silicon-rooted security; multimodal integration; ultra-low-power architecture with tiered domains; and an open-source software ecosystem, offering developer choice and OEM design flexibility.

The Synaptics Astra^® SR200 Series launches with three pin-compatible product lines, giving OEMs and developers a common hardware foundation and a shared SDK. The SR210 is designed to deliver 200 GOPS for power-optimized, always-on voice and sensing; the SR230 adds vision, display, and optional audio at 300 GOPS for mainstream multimodal devices; and the SR250 enables 400 GOPS with dual vision and display paths for premium, demanding edge applications. Developers can scale performance while preserving their software investment and system architecture.

In the SR200 Series of xMCUs, memory is the foundation, not an afterthought. A tiered architecture pairs up to 8MB of SRAM with extensible, high-bandwidth, high-capacity custom DRAM that scales to hundreds of megabytes as AI models and workloads grow. Built around latency, retention, and power demands of Edge AI, this architecture runs workloads at one-third the power of typical system DRAM, eliminating the need for costly external memory in most applications at a fraction of the system power.

At the heart of the family is the Synaptics Torq™ AI engine integrating the Coral NPU, optimized for low latency and high-efficiency execution of deep learning workloads, including CNN, transformer, and fully connected networks. Its open-source MLIR/IREE compiler supports industry-standard frameworks and model formats in place of proprietary vendor toolchains, extending Coral’s Edge AI heritage into ultra-low-power, always-on IoT.

A high-performance core, scaling to 800MHz, tackles control, multimedia, and burst-compute workloads, while an efficiency core handles always-on sensor fusion, connectivity, and low-power inference. An optional Cadence^® Tensilica^® HiFi 5 DSP adds dedicated audio and acoustic ML processing, while an always-on domain manages voice activity detection, timekeeping, and wake-up.

The SR200 Series integrates a multi-layered security engine that combines hardware isolation, cryptographic acceleration, anti-tamper detection, device lifecycle management, and secure boot. The implementation conforms to PSA Level 3 and CC EAL4+ certification targets, providing protection against software and physical attacks.

The platform provides a broad peripheral and connectivity set, including high-speed octal SPI, SDIO and eMMC storage interfaces, UART, SPI, I2C, I3C, PWM, USB 2.0 and extensive low-power GPIO. Industrial variants add 1Gb Ethernet with IEEE 1588 TSN support and two CAN-FD interfaces, supporting deterministic networking and real-time industrial control for Physical AI and Robotics applications.

Supporting Zephyr RTOS and the open-source Torq NPU compiler, the SR200 Series brings groundbreaking performance and power efficiency to define a new category of MCU experiences for Edge and Physical AI.

“The next wave of AI will be defined by devices that understand their environment and act locally, while meeting tight power, cost, and form-factor requirements,” said Vikram Gupta, SVP and GM, Edge Compute & Connectivity Division, Synaptics. “With the Astra SR200 Series, we’re introducing a new class, the xMCU, that brings applications-processor capability into the MCU domain, running multimodal AI workloads that traditionally required Linux and discrete DRAM. It gives customers a scalable foundation for everything from intelligent sensing to advanced Edge and Physical AI systems.”

“Open technologies and strong partnerships are key to making Edge AI more accessible,” said Yossi Matias, Vice President and Head of Google Research. “Our ongoing work with Synaptics combines the Coral platform with Astra’s scalable hardware and developer ecosystem to power next-generation, wearable-class devices. We share a vision of turning advanced research into reality through real-world products, empowering developers to create faster, more useful, and responsive experiences.”

Global Customers and Partners Trust Synaptics to Drive the Future of Edge AI and Physical AI

Chris Bergey, EVP, Edge AI Arm
“AI is quickly becoming the most important use case for Edge devices, with workloads increasingly spanning always-on sensing and inference through to more demanding voice, vision, and multi-media processing. By bringing Arm Cortex-M85 and Cortex-M52 together for the first time, Synaptics is demonstrating how the Arm compute platform gives partners the flexibility to balance performance and efficiency across a growing range of intelligent Edge devices.”

Kurt Preston, Chief Supply Chain Officer, Sonos
“Sonos’ products do more than play music; they connect every room, every source, every user, into one system, wirelessly. Astra’s scalable Edge compute, audio processing, and low power performance are the kind of capabilities that matter as we push what’s possible in audio. Delivering that requires partnership across every level of the organization, from joint development to production that scales with us.”

Cristina Rivas, Chief Technology Officer, Verisure
“The future of home security is devices that understand, not just detect, with privacy at the heart of the design. Synaptics’ Astra portfolio of processors lets us run our own vision, voice, and audio AI models on the device itself, with the low-power capabilities our products demand. Combined with our professional monitoring teams, this helps provide faster, more responsive intervention and protection for the customers we serve, delivering a truly AI-enhanced human service. We value Synaptics as a technology partner in making that possible.”

Lerdah Wang, CEO, Jorjin Technologies
“Next-generation AR wearables, including industrial smart glasses, demand real-time perception, contextual understanding, and seamless user interaction at the Edge. By leveraging the integrated vision and audio architecture, extensible DRAM support, and high-efficiency Torq™ NPU of the Synaptics Astra^® SR200 Series, we can execute complex scene understanding, low-latency overlay rendering, and continuous voice processing on a single, highly integrated SoC. As the CEO at Jorjin, I see a transformative opportunity to merge Synaptics’ industry-changing SR200 platform with Jorjin’s cutting-edge AI solutions to accelerate the commercialization of the next-generation products.”

Enco Liew, VP, Value Line Business Center, Accton Technology Corporation
“Synaptics has been a valued engineering partner as we explore the Astra^® processor family, bringing strong expertise in both AI software and hardware capabilities. The Astra SR200 Series introduces an exciting approach to MCU design, with potential applications in AI-driven automation, intelligent edge devices, and industrial IoT. We look forward to exploring how this technology could enable new possibilities across our future product portfolio.”

About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra^® AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, Facebook, Instagram, and YouTube, or visit www.synaptics.com.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include references to the capabilities, benefits, and market potential of the Astra SR200 Series, statements regarding AI market trends and device adoption, and expectations regarding customer deployments and product commercialization. These statements are subject to risks and uncertainties, including: technology development challenges and delays; actual product performance characteristics; competitive product introductions; manufacturing and supply chain constraints; customer and partner relationships; regulatory changes; adoption rates and demand for edge AI platforms, and macroeconomic conditions. Actual results may differ materially from those expressed or implied in this press release. For more information on risks, please refer to Synaptics’ most recent Form 10-K and 10-Q filings with the SEC. Synaptics disclaims any obligation to update forward-looking statements except as required by law.

Media Contact
Neeta Shenoy
Synaptics
+1-408-425-2654
neeta.shenoy@synaptics.com

Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners. 

NORTH VANCOUVER, British Columbia, Oct. 20, 2026 (GLOBE NEWSWIRE) — Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (“Lion One” or the “Company“) is pleased to report preliminary operating results from the Tuvatu Gold Mine in Fiji for the quarter ending September 30^th, 2026.

Lion One Metals achieved quarterly gold recovery of 3,796 oz at an average head grade of 4.3 g/t gold. This is a 15% increase in production compared to the previous quarter and a 39% increase in production from the quarter ending March 31, 2026. In addition to recovered gold, the Company also produced 882 oz of gold from the draw-down of gold in inventory and carbon shipments, for total production of 4,678 oz of gold during the quarter.

Preliminary Quarterly Production Results:

• 3,796 oz of gold recovered from mill operations
• 882 oz of gold from mill draw-down and carbon shipments
• 4,678 oz total gold produced
• 4.3 g/t gold average head grade
• 83.8% recovery
• 32,588 tonnes milled
• 1,539 m underground mine development
• 95.1% mill utilization

Safety

The Company incurred 1 lost time incident and 2 medical aid incidents during the quarter resulting in a Total Recordable Incident Frequency (TRIF) of 1.83, which represents 1.83 recordable incidents per 200,000 hours worked. This is the second consecutive quarter of improvement for the company, as the previous quarter (April to June) had a TRIF of 4.37, and the quarter before that (January to March) had a TRIF of 6.55. Lion One remains focused on safe production.

Quarterly Production Results

Lion One Metals recovered approximately 3,796 oz of gold during the three-month period ending September 30^th, 2026. This represents a 15% increase from the previous quarter during which 3,291 oz of gold was recovered. Gold production was enhanced by the addition of 882 oz of gold recovered from the draw-down of gold in inventory, as well as from the shipment and refinement of gold-laden carbon from the leach circuit. Total gold production for the quarter was therefore 4,678 oz of gold, which is a record quarterly gold delivery from Tuvatu.

The company also had strong underground mine development of 1,539 m, which is down moderately from the previous quarter’s development of 1,660 m but above the long-term average of 1,445 m from January 2025 to September 2026.

Figure 1. Tuvatu Quarterly Gold Production, 2026. Gold production at Tuvatu has consistently improved quarter-over-quarter throughout 2026, with 3,796 oz of gold recovered in the third quarter of 2026. This does not include the additional 882 oz of gold produced from inventory draw down and carbon shipments this quarter.

Table 1. Quarter-over-Quarter change in production.

	31-Mar-26	30-Jun-26	30-Sep-26	QoQ Change
Gold Recovered (oz)	2,726	3,291	3,796	15%
Average Gold Head Grade (oz)	4.2	4.3	4.3	0%
Average Gold Recovery (%)	71.7	84.9	83.8	-1%
UG Mine Development (m)	1,288	1,660	1,539	-7%

Mill performance was strong throughout the quarter with the mill processing a total of 32,588 tonnes of mineralized material, representing an average throughput of approximately 354 tonnes per day for the quarter. The mill also achieved a quarterly mill utilization rate of 95.1%, including consecutive months of record mill utilization in August and September with 97.4% utilization in August and 98.3% in September. Gold recovery was 83.8%, which is a 1% drop from the previous quarter in which a record 84.9% recovery was achieved. The 1% drop in gold recovery was offset by a 16.5% increase in mill throughput. The average head grade for the quarter was 4.3 g/t gold, which is the same as the previous quarter.

Gold production was enhanced by the addition of 882 oz from inventory draw-down and from carbon shipments. Gold processing plants contain in-circuit gold inventory, which is the gold that is contained within the processing circuits but that is yet to be recovered. During this quarter, a focused effort was made by the processing team to draw down the in-circuit gold inventory by improving gravity recovery and carbon stripping. As part of the quarter’s circuit optimization activities, approximately 8.8 tonnes of carbon was removed from the leach circuit and replaced with fresh carbon. The removed carbon, which contained residual gold, was shipped off-site for processing and recovery. The additional 882 oz of gold produced this quarter comes from both the carbon shipments and the draw-down of in-circuit gold inventory.

A total of 1,539 m of mine development was completed during the quarter, including 359 m of capital development and a record 1,181 m of operating development. Overall, it is the third best quarter of mine development since mining operations began at Tuvatu in early 2024. While operating development was very strong, capital development was impacted by equipment availability. The jumbos had an overall availability of 59% throughout the quarter, which was heavily impacted by unplanned downtime in September.

Figure 2. Tuvatu Quarterly Mine Development, 2025-2026. Mine development for July to September 2026 was 1,539 m, which is above the average quarterly rate of 1,445 m from January 2025 to September 2026, represented by the orange line.

New LM90 Underground Core Drill Now in Operation

The Company is also pleased to announce that its new Boart Longyear LM90 underground core drill has arrived at Tuvatu ahead of schedule. The drill, whose purchase was announced on July 27, 2026, is now in operation underground following the completion of operator training. The intent of the drill is to target both the Zone 500 and the West Zone from deep underground in support of resource expansion and upgrade in those areas. The arrival of the LM90 enables the Company to drill both the Zone 500 and the West Zone effectively from deep underground for the first time as it enables shorter, faster and lower-cost drill holes with improved intersection angles in both areas.

The LM90 is a high-performance underground drill rig that is specifically designed for use in underground mines and it increases the operational flexibility and versatility of the Company’s underground drill program significantly. With the addition of the LM90, the Company’s active drill fleet has increased to four underground drills and two surface drills.

Figure 3. New Boart Longyear LM90 core drill underground at Tuvatu.

Corporate Note

Further to the announcement on September 24, 2026, in relation to the engagement of Global One Media for digital investor communications, Lion One is providing additional information regarding the terms of the engagement. The Company has engaged Global One Media for a term of six months, at a total cost to the Company of USD $39,000. The fee consists of a monthly retainer of USD $6,500, with the initial three months of the contract, totalling USD $19,500, paid upfront upon signing of the Agreement. The date of the Agreement is August 31, 2026, and the Agreement transitions to month-to-month after the initial six-month term is complete.

Qualified Persons Statement

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”), William J. Witte, P.Eng., Principal Advisor to the Company, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.

Lion One Laboratories / QAQC

Lion One adheres to rigorous QAQC procedures above and beyond basic regulatory guidelines in conducting its drilling, sampling, testing, and analyses. The Company operates its own geochemical assay laboratory and its own fleet of diamond drill rigs using PQ, HQ and NQ sized drill rods.

Diamond drill core samples are logged by Lion One personnel on site. Exploration diamond drill core is split by Lion One personnel on site, with half core samples sent for analysis and the other half core remaining on site. Grade control diamond drill core is whole core assayed. Core samples are delivered to the Lion One Laboratory for preparation and analysis. All samples are pulverized at the Lion One lab to 85% passing through 75 microns and gold analysis is carried out using fire assay with an AA finish. Samples that return grades greater than 10.00 g/t Au are re-analyzed by gravimetric method, which is considered more accurate for very high-grade samples.

Duplicates of 5% of samples with grades above 0.5 g/t Au are delivered to ALS Global Laboratories in Australia for check assay determinations using the same methods (Au-AA26 and Au-GRA22 where applicable). ALS also analyses 33 pathfinder elements by HF-HNO3-HClO4 acid digestion, HCl leach and ICP-AES (method ME-ICP61). The Lion One lab can test a range of up to 71 elements through Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES) but currently focuses on a suite of 26 important pathfinder elements with an aqua regia digest and ICP-OES finish.

About Lion One Metals Limited

Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with new operations established in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets.

On behalf of the Board of Directors,
Todd Romaine, Chairman

Contact Information
Email: info@liononemetals.com
Phone: 1-855-805-1250 (toll free North America)
Website: www.liononemetals.com

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This press release may contain statements that may be deemed to be “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited’s current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, and other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/5f564913-cdc5-477d-b933-0b78253ad194

https://www.globenewswire.com/NewsRoom/AttachmentNg/bc55f044-5297-4029-82f4-19d5b3d1dd66

https://www.globenewswire.com/NewsRoom/AttachmentNg/b1f3e98f-9882-4f59-93f9-d9c74300f3cf