Tag: GlobeNewswire

Two-year cooperation pairs local institutional outreach with Formind Global’s platform contracting and support

KUALA LUMPUR, Malaysia, Oct. 29, 2026 (GLOBE NEWSWIRE) — Ruanyun Edai Technology Inc. (NASDAQ: RYET) (“Ruanyun” or the “Company”) announced that its Malaysian subsidiary, Formind Global Holdings Sdn. Bhd. (“Formind Global”), has entered into a marketing cooperation agreement with Fangtu, a Taiwan-based company that will lead local promotion and institutional customer development for the HanLink Chinese learning platform in Taiwan.

The two-year cooperation covers local market promotion, customer development and school procurement referrals. Fangtu will engage schools, universities and Chinese-language centres and assist with demonstrations, pilots, teacher training and customer feedback. Formind Global will provide the platform, demonstration environment and technical and sales materials, and undertake commercial contracting and service obligations under individual school agreements.

HanLink combines digital Chinese-language courses with AI-assisted interaction, practice and learning assessment. Its tools are designed to give students more opportunities to practise and help institutions extend teaching support beyond scheduled lessons. The parties intend to supplement teacher-led instruction, with individual school implementations agreed separately.

“For a language-learning platform, local institutional relationships and support are as important as the technology. We want HanLink to fit into the way institutions teach, while giving students more opportunities to practise between lessons. Working with Fangtu gives us a local partner to develop that opportunity in Taiwan, with Formind Global connecting customer engagement to the platform and its delivery.”

Maggie Fu, Chief Executive Officer, Ruanyun Edai Technology Inc.

Local Market Development and Direct School Contracting
The cooperation is non-exclusive, and either party may terminate it on 30 days’ written notice. Fangtu will be Formind Global’s preferred marketing partner in Taiwan for the first 12 months; exclusivity would require a separate written agreement. Schools that proceed with procurement will contract with and pay Formind Global directly.

The agreement sets a standard annual platform fee of US$30,000 per school, with a fixed NT$980,000 alternative for contracts denominated in New Taiwan dollars. Each school’s quotation and executed contract will specify the selected currency, price, licensed scope and service arrangements. Fangtu will be eligible for a 20% commission on the net contract amount of school agreements arising from registered opportunities accepted by Formind Global, with commission payments tied to the corresponding school payments collected.

The marketing agreement does not itself commit any school to purchase HanLink or establish minimum sales. Any revenue contribution will depend on school contracts, delivery of the relevant services, collectability and applicable accounting requirements.

Building HanLink’s International Business
The Taiwan agreement adds another local market-development arrangement to HanLink’s international activities. HanLink’s previously announced Saudi activities include school pilot work and university cooperation, followed by commercial school contracting through Link Door Smart Company, the Company’s separately owned strategic associate. In the United States, Ruanyun announced a HanLink pilot with the Center on Chinese Education at Teachers College, Columbia University, supported by a Company grant to evaluate AI-assisted learning.

Through its Formind Group strategy, the Company is seeking to connect AI applications and education with institutional partnerships, implementation and continuing support. The Taiwan cooperation is intended to apply that approach to Chinese-language learning through local customer engagement and direct platform procurement.

About Ruanyun Edai Technology Inc.
Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on intelligent content recognition, automated assessment and next-generation learning systems. The Company has historically developed and provided AI-enabled teaching, learning and assessment solutions, including smart homework, smart examination and digital education services, and since September 2025 has provided campus operations and student-life services through its Smart Campus Services business. The Company is presenting its group businesses under the Formind Group identity as part of its broader strategy to expand AI education, language learning, institutional education support and global technology initiatives. Additional information about Formind Group is available at www.formind.group. Information on that website is not part of this press release.

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

These statements include, among others, statements regarding the anticipated benefits and implementation of the Fangtu cooperation; HanLink’s promotion, adoption and commercialization in Taiwan; school procurement, pricing, commissions, collections and any revenue contribution; potential pilots, training, localization and technical support; AI-assisted learning benefits; and the Company’s international education and Formind strategy.

Forward-looking statements are based on current expectations, estimates and assumptions and involve risks and uncertainties that could cause actual results to differ materially. Relevant risks include the parties’ ability to develop customer opportunities and perform their obligations; school procurement decisions and implementation requirements; the absence of committed school purchases or minimum sales; competition and customer adoption; platform performance, AI response quality and educational suitability; licensing, intellectual-property and data-protection requirements; cross-border operations and regulatory compliance; partner performance; collection of customer payments; and revenue recognition and other accounting requirements. The cooperation agreement does not assure customer contracts, successful market entry or any particular financial result.

Forward-looking statements speak only as of the date of this release. Additional risks are described in the Company’s reports filed with or furnished to the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F. The Company undertakes no obligation to update any forward-looking statement except as required by law.

Investor Relations and Corporate Communications
FSR Capital, a FSR Group Company
Email: ir@fsr.group

VANCOUVER, British Columbia, Oct. 29, 2026 (GLOBE NEWSWIRE) — GoGo AI Network Inc. (“GoGo”) (CSE: GOGO) (OTC: GOGAF) (FSE: 4E9) and Algo8 AI Inc. (“Algo8”) (CSE: AIOS) announce that the common shares of Algo8 (the “Algo8 Shares”) will resume trading today. The halt was imposed to assist with administrative matters relating to adjustments (described below) and was unrelated to any business developments or other actions of Algo8.

In connection with the previously announced plan of arrangement (the “Arrangement”) pursuant to which GoGo spun out its investment in Algo8 Industrial AI Inc. into Algo8 (formerly 1589675 B.C. Ltd.), which Arrangement closed at 12:01 a.m. on October 6, 2026 (the “Effective Time”) as previously disclosed in GoGo and Algo8’s press release dated October 6, 2026, adjustments to the distribution of Algo8 Shares to Market Participants have been processed to ensure that beneficial holders of common shares of GoGo (the “GoGo Shares”) as of the Effective Time received Algo8 Shares in accordance with the terms of the Arrangement.

For further information regarding the Arrangement, please see GoGo’s press releases dated June 22, 2026, September 9, 2026 and October 6, 2026, and GoGo’s management information circular dated July 29, 2026 prepared in connection with the special meeting of shareholders of GoGo held on August 31, 2026, which is available under GoGo’s profile on SEDAR+ at www.sedarplus.ca.

About GoGo AI Network Inc.

GoGo AI Network Inc. is an investment issuer focused on identifying, investing in, and supporting early-stage and growth-stage companies developing artificial intelligence, automation, and next-generation software technologies. The Company targets opportunities across multiple sectors and geographies and seeks to create long-term shareholder value through disciplined capital allocation, active portfolio support, and the strategic monetization of its investments over time. For more information, visit www.gogonetwork.ai.

About Algo8 AI Inc.

Algo8 AI Inc. (CSE: AIOS) is an Industrial Artificial Intelligence company. Its Industrial AI Operating System, anchored by the flagship PlantBrain™ platform, connects the operational and business systems customers already run and combines industrial context with generative, agentic, predictive and physical AI to turn industrial data into decisions and actions. Large-scale manufacturing, energy and infrastructure operators use it to optimize production scheduling, maintenance, quality, energy use and throughput, driving productivity and progressively more autonomous operations. The platform is delivered to customers globally, from initial diagnostic through deployment and ongoing support.

On behalf of the Board of Directors of GoGo AI Network Inc.

GoGo AI Network Inc.
Phone: 604-602-0001
investors@gogonetwork.ai

On behalf of the Board of Directors of Algo8 AI Inc.

Brandon Kou
President and Director

For further information regarding Algo8 AI Inc., please contact:

Daniel Gordon
Investor Relations
Phone: 416-827-8761
Email: daniel@adcap.ca
Website: algo8.ai/investors

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including, without limitation, timing of the resumption of trading of the Algo8 Shares on the CSE are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should” or “would” occur.

Forward-looking statements are based on certain material assumptions and analysis made by GoGo and Algo8 and the opinions and estimates of management as of the date of this news release, including, among other things, that the adjustment will be reflected in beneficial holders’ accounts in a timely manner and that the trading of the Algo8 Shares will resume as anticipated. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of GoGo and Algo8 to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important risks that may cause actual results to vary include, without limitation, delays in the processing of the adjustment by brokers and other intermediaries, delays in the resumption of trading of the Algo8 Shares and general economic, market and business conditions.

Although management of GoGo and Algo8 have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. GoGo and Algo8 do not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

Octopus AIM VCT plc

Net Asset Value

Octopus AIM VCT plc announces that as at 26 October 2026 the unaudited net asset value of the Ordinary shares was approximately 40.1 pence per share.

For further information, please contact:

Ronan Goggin
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800C5JHJUQLAFP619

Octopus AIM VCT 2 plc

Net Asset Value

Octopus AIM VCT 2 plc announces that as at 26 October 2026 the unaudited net asset value of the Ordinary shares was approximately 32.0 pence per share.

For further information, please contact:

Andrew Humphries
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800BW27BKJCI35L17

SAN DIEGO, Oct. 29, 2026 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that the financial advisors of Anchor Financial Partners have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platforms. The team reported serving approximately $525 million in advisory, brokerage and retirement plan assets* and joins LPL from Northwestern Mutual.

Based outside of Atlanta in Vinings, Ga., Anchor Financial Partners is led by Frank Conner, ChFC®, CLU®, RICP®**, CASL®***, Andrew Runnion, Josh Eisenberg, CFP®, Brandon Porter, CFP®, AEP®, Kyle Brooker, CFP®, and Trey Beavers. The team works with affluent and high net worth individuals and families both pre- and post-retirement, business owners, and others with specialized wealth services, tax strategies and estate planning needs.

Anchor Financial Partners was formed to provide comprehensive guidance that extends beyond investments. The firm combines disciplined investment services with retirement planning, risk management, business continuation, legacy planning and wealth transfer considerations. The firm’s name reflects the team’s mission of helping clients stay anchored through changing markets, major life events and the complexities of long-term financial decision-making.

“Our approach is very relationship focused,” Eisenberg. “We may be working with business owners or executives, but ultimately we are working with people and their families. We want to understand what is important to them, why it is important and how we can come alongside them to help pursue those goals. That means looking beyond pie charts and dollars and cents and keeping the focus on the life they want their wealth to support.” 

The practice operates as one integrated team rather than separate individual books of business. While each client has a lead advisor, the partners share responsibility for client relationships and regularly draw on one another’s specialties. Anchor Financial Partners has also invested in developing the next generation of advisors, with an emphasis on continuity, succession planning and long-term relationships that can extend across generations.

“Our work starts with people, not portfolios,” added Runnion. “We’ve intentionally built a collaborative team where we can bring different perspectives and areas of expertise to the table. That gives our clients access to the strength of the entire firm and creates continuity as their needs evolve.”

Why Anchor Financial Partners Chose LPL

Anchor Financial Partners selected LPL for its independence, open architecture and ability to support the firm’s vision for growth. The team sought a platform that would allow it to serve clients with greater flexibility while providing the infrastructure and resources to expand organically and welcome experienced financial advisors who are preparing for retirement and seeking a thoughtful succession solution.

“We wanted the independence to serve clients the way we believe is best, supported by a platform with the scale and capabilities to help us keep building,” said Porter. “LPL stood out during our due diligence for both its open architecture and the strength behind the platform. It gives us the flexibility to deepen the client experience, pursue organic growth and provide a home for advisors who want confidence that their clients will continue to be well served as they transition into retirement.”

“Anchor Financial Partners has built a distinctive culture around collaboration, continuity and a genuine commitment to placing people at the center of financial planning,” said Marc Cohen, chief growth officer at LPL Financial. “The partners bring complementary expertise to a shared client experience, helping families and business owners navigate important decisions while intentionally preparing the next generation of advisors to carry those relationships forward. We are honored to welcome Anchor Financial Partners to LPL and look forward to supporting the team as it grows its impact, advances its succession vision and continues serving clients with the personal guidance that defines the firm.”

Anchor Financial Partners is guided by the core values of integrity, simplicity and fun. The firm also maintains a philanthropy committee that regularly reviews community organizations and nonprofit initiatives and supports people experiencing homelessness and the team’s annual involvement with Street Grace.

Related

Advisors, learn how LPL Financial can help take your business to the next level.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Anchor Financial Partners and LPL Financial are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated based on asset and holding details provided to LPL from end of year, 2025.

** RICP conferred by The American College.

*** CASL conferred by The American College.

Media Contact: 
Media.relations@LPLFinancial.com  

Tracking #1198047

Approximately 42 metric tons of neodymium metal and 520 kilograms of dysprosium metal already delivered to Pohang, 712 metric tons of neodymium pending shipment or committed through 2027, and a further 1,000 metric tons in discussion, all sourced entirely outside China

Dysprosium supply of 1.5 metric tons per month committed from February 2027, with usage efficiency expected to increase six to eight times through EM&T’s grain boundary diffusion technology

Sellers in the U.S., Japan, India, West Africa, Malaysia, Indonesia, and Thailand engage with EM&T to diversify beyond China, historically their dominant buyer

Miami, FL, Oct. 29, 2026 (GLOBE NEWSWIRE) —  Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, today announced that it has secured approximately 754 metric tons of neodymium metal, sourced entirely outside China, which the Company expects is sufficient for approximately 50% of the feedstock it requires to deliver its full-year 2027 revenue guidance of $400 million to $460 million. The total includes approximately 42 metric tons already delivered to Pohang, 72 metric tons pending shipment through March 2027, and 640 metric tons committed through the end of 2027, including a 600-metric-ton contract with Senri Trading for rapid delivery, with a further 1,000 metric tons in discussion for 2027 delivery. For heavy rare earths, the Company holds approximately 520 kilograms of dysprosium metal in Pohang, with 1.5 metric tons per month committed starting in February 2027. With feedstock in place, EM&T has now put together all ten factors it believes are required to manufacture rare earth magnets at large commercial scale: land, power, equipment, permits, operators, feedstock, magnets, buyers, buyer certifications, and capital.

The disclosure addresses what EM&T sees as the real constraint on magnet supply outside China. Rare earth ore is not scarce. What is scarce is converting that ore into midstream materials to support downstream magnet production. EM&T believes that upon completion of its current expansion it will be one of the largest known in-production magnet and magnet materials producer outside China, with feedstock independent of China in place, and is now commissioning all 57 containers of ULVAC equipment to expand annual capacity from approximately 1,000 metric tons to more than 10,000 metric tons.

That position is also drawing sellers to the Company. Producers of rare earth ore and upstream feedstock have historically had one meaningful buyer, China, and EM&T believes it is one of the few credible buyers outside China that is producing downstream products, including magnets, at commercial scale. Selling to EM&T lets those producers diversify their customer base, and the Company is in dialogue with sellers of rare earth feedstock and end-of-life magnets in the U.S., Japan, India, West Africa, Malaysia, Indonesia and Thailand. EM&T’s grain boundary diffusion technology reduces its heavy rare earth requirements: the Company requires approximately 0.5% heavy rare earths, such as dysprosium and terbium, to produce high-performance sintered magnets, compared with the 3% to 4% historically required, stretching its heavy rare earth feedstock six to eight times further.

“There is no shortage of rare earth material. China is a net importer of rare earth ore, with approximately 60% of what it processes coming from outside China, and there is no shortage of investment in developing even more rare earth mines. What is in short supply, outside China, is commercial-scale magnet production and magnet materials producers,” said Frank Moon, Chief Executive Officer of EM&T. “Approximately 360,000 tons of sintered magnets are made each year, and only about 14,000 tons of those are made outside China. But today, those 14,000 tons are dependent on midstream magnet materials bought from China. Evolution has the equipment and capability to avoid that very issue, with more than 14,000 tons per annum of strip alloy production coming online this year as part of our planned expansion from 1,000 to more than 10,000 tons per annum of finished magnets. We have sourced rare earth magnet materials independent of China, but also continue to source from China. Our flexible, diversified business model serves both defense customers requiring DFARS compliance and commercial customers seeking non-China supply. Together with the other nine operational factors we have established, this positions us to become one of the largest magnet and magnet materials producers outside China. We are focused on executing our expansion plan, building on years of operational experience to position EM&T as a leading non-China supplier. We make magnets.”

“President Donald Trump urged defense contractors and businesses to ‘do magnets,’ telling an audience at the July 2026 Pennsylvania Defense & Innovation Summit, ‘I’ll tell you how to make money. Do magnets.’ That is what EM&T is doing, following the President’s direction,” said David Wilcox, Executive Chairman of EM&T. “We will continue to source feed material wherever and whenever we can to support revenue and margin, and to deliver shareholder returns as we target profitability in 2027. DFARS sets the requirements for defense contractors, and we will also continue to produce magnets for commercial customers whose applications do not require traceability back to the ore. Evolution was built on a diversified strategy spanning input materials, midstream materials and downstream magnet production. That enables us to serve customers across all eight of our certified high-performance grades, grow our bonded magnet business, and supply customers—primarily in Japan—that require non-China intermediate magnet materials, as we scale production with our new strip cast alloy equipment and sintering vacuum furnace system lines.”  . Our customer relationships, distribution network, and current magnet revenue support our strategy as we target profitability in 2027 and work to become a leading magnet producer outside China. We are answering the President’s call now, not in 2030.”

EM&T will host a ribbon-cutting ceremony and operational showcase at its Pohang facility on December 17, 2026. The Company has received attendance confirmations from more than 200 individual government representatives, customers, trade partners, investors and bankers. Event details and RSVP are available at evolution-metals.com/rsvp.

About Evolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. (Nasdaq: EMAT) is a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals and technologies. By leveraging proven commercial-scale operations, advanced processing technologies, and strategic partnerships, EM&T operates what it believes is one of the only vertically integrated critical materials supply chains spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets (including high-performance rare earth magnets) and battery materials. For additional information, please visit investors.evolution-metals.com and follow the Company on LinkedIn.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s neodymium and dysprosium feedstock on hand, pending shipment, committed and in discussion, the timing of shipments and deliveries, the share of the feedstock required for the Company’s 2027 revenue guidance that this feedstock is expected to cover, and the conversion of discussions into contracts and deliveries; the Company’s full-year 2027 revenue guidance and its target of profitability in 2027; the Company’s production and sale of magnets for commercial customers, intermediate magnet material, including for customers in Japan, and bonded magnets; the sourcing of the Company’s feedstock, including feedstock independent of China; the expected benefits of the Company’s grain boundary diffusion technology; the Company’s planned strip alloy production of more than 14,000 tons per annum and its timing; the installation, commissioning and operation of ULVAC equipment at the Company’s Pohang facility and the timing thereof; the planned expansion of annual rare earth magnet production capacity in Pohang to more than 10,000 metric tons; the Company’s market position; the Company’s ability to supply DFARS-compliant magnets and the January 1, 2027 effective date and scope of DFARS 252.225-7052; the ribbon-cutting ceremony and operational showcase on December 17, 2026; and the Company’s competitive position, strategy, business plans and growth opportunities. These forward-looking statements, together with terms such as anticipate, believe, expect, intend, may, plan, should, will and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Such risks include, among others, that discussions may not result in contracts, and that pending or committed shipments may be delayed, reduced or not delivered; that the Company may not achieve its 2027 revenue guidance or profitability in 2027; the availability, origin, quality, traceability and cost of feedstock, including heavy rare earths; actual production rates, which affect how long feedstock lasts; the performance of grain boundary diffusion technology at expanded production volumes; delays in equipment installation or commissioning; delays in facility readiness or the expansion of power infrastructure; customer qualification and demand; the availability of financing and working capital; changes in Chinese export-control policy or in U.S. or Korean trade, tariff, industrial or defense procurement policy, including the DFARS 252.225-7052 effective date, scope or waiver practices; competition; the Company’s ability to execute its planned expansion; and the other risks described in EM&T’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date made. EM&T undertakes no obligation to update any forward-looking statement except as required by law. Additional information concerning factors that may affect EM&T’s expectations and projections is contained in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 20, 2026, its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026, filed with the SEC on August 17, 2026, including the disclosures under “Risk Factors” therein, and other documents filed or to be filed with the SEC by EM&T. SEC filings are available at www.sec.gov.

Contacts

Arx Investor Relations
North American Equities Desk
EMAT@arxhq.com

PR, Marketing & Global Partnerships
Phoenix MGMT & Consulting
PR@PhoenixMGMTConsulting.com
888-228-0122

Outright HYTRON Purchase With Four Years of Maintenance Complements HYTRON’s Leasing Model

Key Facts At-a-Glance

Who: Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC).

What: Secured a contract for the purchase of one HYTRON autonomous restroom-cleaning robot, together with four years of maintenance services.

Where: A retail mall in Singapore.

How Much: Over US$60,000 in total, covering the HYTRON purchase and four years of maintenance services.

Why It Matters: The engagement advances HYTRON’s commercialisation by combining an equipment purchase with a multi-year service relationship, supporting Primech AI’s development of robotics sales and associated maintenance revenue and Primech’s aim of building a robotics business that contributes to long-term shareholder value. For comparison, Primech’s robotic segment reported revenue of approximately US$12,000 for the fiscal year ended March 31, 2026.

SINGAPORE, Oct. 29, 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”), has secured a contract with a total value of over US$60,000 for the purchase of one HYTRON autonomous restroom-cleaning robot, together with four years of maintenance services, for a retail mall in Singapore. The Company views the order as a step toward building a robotics business that contributes to long-term shareholder value.

The total contract value covers both equipment and maintenance services, with revenue recognition subject to fulfilment of the respective contractual obligations. Primech’s robotic segment reported revenue of approximately US$12,000 for the fiscal year ended March 31, 2026, its first year of robot sales and leasing, as disclosed in its Annual Report on Form 20-F filed on July 29, 2026.

The engagement represents a further step in HYTRON’s commercialisation, combining a commercial equipment order with ongoing maintenance support. It supports Primech AI’s strategy of developing robotics sales and associated service revenue alongside the Group’s established facilities services operations.

Contract Scope and Maintenance Support

The contract covers the supply of one HYTRON robot and four years of maintenance services. The maintenance component extends the customer engagement beyond the initial equipment purchase and is intended to support the robot’s ongoing operation throughout the agreed service period.

This structure illustrates how HYTRON equipment sales can be complemented by continuing service relationships. Future equipment orders and maintenance engagements will depend on customer demand, operational performance and further commercial execution.

Strategic Rationale for Retail Applications

Retail facilities require regular restroom cleaning and consistent hygiene standards as part of daily operations. HYTRON is designed to assist with repetitive cleaning tasks, supporting cleaning teams while allowing employees to focus on responsibilities requiring human attention.

The contract provides a commercial application for HYTRON within Singapore’s retail sector and an opportunity for Primech AI to support the customer’s operational requirements.

For Primech, the engagement aligns with its strategy of drawing on facilities services experience to develop practical robotics applications. Combining equipment sales with maintenance support offers a potential pathway to build service revenue as HYTRON’s installed base develops.

HYTRON Product Overview

HYTRON is a fully autonomous AI-powered restroom-cleaning robot designed to clean toilets, urinals, wash basins, sinks, mirrors and surrounding floor areas. 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

“This HYTRON order represents a concrete step in translating our robotics capabilities into commercial business,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited. “The combination of a robot purchase and four years of maintenance gives us an opportunity to support the customer beyond the initial equipment supply and build a continuing service relationship.”

“Our priority is disciplined commercial execution: meeting customer requirements, supporting HYTRON’s operation and developing further commercial opportunities. We aim to grow our robotics business through equipment sales and associated services that complement Primech’s established facilities services operations.”

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 supply and deployment of HYTRON, the provision of maintenance services over the agreed four-year period, the contract value and the timing of revenue recognition, the anticipated operational benefits of robotic cleaning solutions, the commercialisation of HYTRON, opportunities to generate equipment sales and recurring maintenance revenue, adoption of technology-driven solutions, and future business strategies, growth and expansion. 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

Two-year contract supports the VIDEP program with a processing and technology fee for each citation issued

SALT LAKE CITY, Oct. 29, 2026 (GLOBE NEWSWIRE) — OMNIQ CORP. (OTCQB: OMQS) (“OMNIQ” or the “Company”), a provider of AI-based computer vision solutions, today announced a two-year contract to deploy its Q Shield™ platform in Arkansas to support uninsured vehicle enforcement through the VIDEP program. The contract marks the Company’s first deployment in the state.

The deployment will use license plate recognition (LPR) technology to help identify uninsured vehicles and support the citation process. Q Shield sends potential violations to authorized officers for review and a final enforcement decision.

Cameras are planned at two locations. One location has estimated traffic of 8,000 to 15,000 vehicles per day. Traffic volume at the second location has not yet been confirmed.

Under the two-year contract, OMNIQ will receive a processing and technology fee for each citation issued through the program. This creates an opportunity for recurring revenue tied to citation activity over the contract term. Revenue will depend on the number of citations issued. Enforcement decisions remain with the responsible agency.

“This contract brings Q Shield into Arkansas with a focused application for uninsured vehicle enforcement,” said Shai Lustgarten, CEO of OMNIQ. “The two-year term and per-citation processing and technology fee create an opportunity to generate recurring revenue as the program operates. We see this deployment as a foundation for pursuing additional opportunities in Arkansas.”

ABOUT OMNIQ

OMNIQ CORP. uses patented and proprietary artificial intelligence to deliver machine vision image processing solutions, including data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management, and access control applications.

Our solutions help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders and other environments.

Our principal solutions include hardware, software, communications, automated management services, technical services and support. Our experienced team helps customers simplify integration and deploy practical solutions across complex operating environments.

Privacy and Data Security Commitment

OMNIQ solutions are built to meet the privacy and data protection requirements of the agencies that use them. License plate data is processed and stored in a private network, and access is limited to authorized personnel at the contracting agency. Data is retained and purged according to the agency’s policy and applicable state law. OMNIQ does not sell plate data or share it with third parties for commercial purposes.

For more information about OMNIQ Corp. and its innovative solutions, please visit www.omniq.com.

INFORMATION ABOUT FORWARD LOOKING STATEMENTS

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate,” “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.

Examples of forward-looking statements include, among others, statements made in this press release regarding the planned Arkansas deployment, anticipated processing and technology fee revenue, citation activity, and potential additional opportunities in Arkansas. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at SEC.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.

Contact

Company

IR@OMNIQ.COM

HAYDEN IR:
Brett Maas
(646) 536-7331
brett@haydenir.com

James Carbonara
(646)-755-7412
james@haydenir.com

LAKE MARY, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) — OpenWorld, Inc. (NASDAQ: OPNW) (“OpenWorld” or the “Company”), an innovation company advancing global real-world asset (“RWA”) tokenization, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 2,517,985 shares of common stock (or pre-funded warrants in-lieu thereof), together with Series A warrants to purchase up to an aggregate of 2,517,985 shares of common stock, and Series B warrants to purchase up to an aggregate of 2,517,985 shares of common stock, in a registered direct offering priced at-the-market under Nasdaq rules. Each share of common stock and accompanying warrants are being sold together at a combined purchase price of $1.39. The Series A warrants will have an exercise price of $1.53 per share, will be subject to shareholder approval, and will expire five years from the date of shareholder approval. The Series B warrants will have an exercise price of $1.39 per share, will be subject to shareholder approval, and will expire eighteen months from the date of shareholder approval. The Series B warrants will be callable by the Company, subject to certain conditions, if the daily trading price of the common stock exceeds 400% of the exercise price and the average daily trading volume of the common stock exceeds $1.0 million over a period of ten consecutive trading days. Upon a call, any portion of the Series B warrants not exercised within ten trading days following the holder’s receipt of the call notice will be cancelled.

The Company intends to use the net proceeds from the offering for RWA growth initiatives as well as for working capital and general corporate purposes.

Maxim Group LLC is acting as the sole placement agent for the offering.

The gross proceeds to OpenWorld from the offering are expected to be approximately $3.5 million, before deducting placement agents’ fees and other estimated offering expenses. The offering is expected to close on or about October 30, 2026, subject to satisfaction of customary closing conditions.

The securities described above in the registered direct offering, including the shares of common stock underlying the warrants, are being offered and sold pursuant to a “shelf” registration statement on Form S-3 (File No. 333-284562), as amended, which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on February 3, 2025. The offering of the securities is being made only by means of a prospectus. A prospectus supplement and an accompanying prospectus relating to the registered direct offering will be filed with the SEC. Electronic copies of the prospectus supplement and the accompanying prospectus may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3745.

Update on Previously Announced Blocksight Transaction

On October 27, 2026, the Company closed on its previously announced transaction with Blocksight Holdings Co., on the terms previously publicly disclosed.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About OpenWorld

OpenWorld, Inc. (NASDAQ: OPNW) is a digital assets and blockchain technology company. Through its OpenWorld Enterprise platform, the Company provides financial structuring and blockchain infrastructure for the issuance and distribution of tokenized real-world assets to institutional and retail investors. To learn more, visit openworld.dev.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including expected closing and transactions related to this registered direct offering.. Words such as “anticipate,” “expects,” “will,” and similar expressions identify forward-looking statements. These statements are subject to risks and uncertainties, including regulatory approvals, market conditions and technology readiness, that could cause actual results to differ materially. Investors should not place undue reliance on forward-looking statements, which speak only as of the date of this release. OpenWorld undertakes no obligation to update them except as required by law. Additional risks are described in the Company’s filings with the SEC.

Contacts

Investors: OpenWorldIR@allianceadvisors.com

Media: Aayushi@allianceadvisors.com

Transfer Agent: Vinyl Equity, Inc., 1-888-80-VINYL (84695)

Blockchain Preferred Stock Transfer Agent: Figure Equity Solutions, Inc., support@figuremarkets.com

CORSICANA, Texas, Oct. 29, 2026 (GLOBE NEWSWIRE) — Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it will release financial results for the third quarter ended September 30, 2026, after market close on Thursday, November 12, 2026.

Management will host an investor conference call at 5:00 p.m. Eastern time on Thursday, November 12, 2026, to discuss Birchtech’s third quarter 2026 financial results and provide a corporate update. To participate, please use the following information:

Third Quarter 2026 Earnings Conference Call
Date: Thursday, November 12, 2026
Time: 5:00 p.m. Eastern time
U.S./Canada Dial-in: 1-877-407-0792
International Dial-in: 1-201-689-8263
Conference ID: 13762817
Webcast: BCHT Q3 2026 Earnings Conference Call

Please dial in at least 10 minutes before the start of the call to ensure timely participation.

A telephone playback of the call will be available through Thursday, December 3, 2026. To listen, call 1-844-512-2921 within the United States and Canada or 1-412-317-6671 when calling internationally, using replay pin number 13762817. A webcast replay will be available for one year, using the webcast link above.

About Birchtech Corp.

Birchtech Corp. (NYSE American: BCHT) (TSX: BCHT) is a leader in specialty activated carbon technologies delivering innovative solutions for air and water purification to support a cleaner, more sustainable future. The Company provides patented SEA^® sorbent technologies for mercury emissions capture for the coal-fired utility sector and SEA disruptive water purification technologies with a specialization on removing contaminants, including ‘forever chemicals’ such as PFAS, from potable water and industrial wastewater. Backed by a strong intellectual property portfolio and a team of activated carbon experts, Birchtech provides cleaner air to North American communities and is applying this expertise to a novel approach in water purification. To learn more, please visit www.birchtech.com.

Safe Harbor Statement

With the exception of historical information contained in this press release, content herein may contain “forward-looking statements” that are made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements are generally identified by using words such as “anticipate,” “believe,” “plan,” “expect,” “intend,” “will,” and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements in this release include, without limitation, statements relating to expected developments and growth in Birchtech’s business. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. In addition, this release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. Birchtech does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance or other forward-looking statements contained in this release can be found in Birchtech’s periodic filings with the Securities and Exchange Commission or Canadian securities regulators.

Investor Relations Contact

Lucas A. Zimmerman
Managing Director
MZ Group – MZ North America
(949) 259-4987
BCHT@mzgroup.us
www.mzgroup.us