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Thought Industries Launches Lens and Unveils Customer Knowledge AI Platform, Breaking the Knowledge Silos Holding Businesses and Their Customers Back

Thought Industries Launches Lens and Unveils Customer Knowledge AI Platform, Breaking the Knowledge Silos Holding Businesses and Their Customers Back

20/10/2026GlobeNewswire5 Mins Read
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Lens joins the Thought Industries Academy to form the Customer Knowledge AI Platform, turning fragmented customer and product knowledge into trusted guidance everywhere customers and AI agents look for answers

SAN FRANCISCO, Oct. 20, 2026 (GLOBE NEWSWIRE) — Thought Industries today launched Lens, a first-of-its-kind AI product, and unveiled the Customer Knowledge AI Platform, creating a breakthrough way for businesses to help customers succeed with their products.

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Customer and product leaders face a growing problem: customer knowledge lives in silos across systems and teams, while AI is now everywhere customers look for guidance. Every tool can answer fast. Not every tool answers right. When answers contradict each other or fall out of date, customers get stuck, trust erodes and product adoption slows, putting retention and growth at risk. That’s the exact challenge Thought Industries is solving with its new platform.

Unveiling the Customer Knowledge AI Platform

The Thought Industries Customer Knowledge AI Platform brings fragmented customer knowledge together so businesses can deliver trusted, accurate guidance wherever customers and AI agents need it. At the core of the platform is a proprietary governed AI knowledge layer that gives businesses visibility into what they know, the ability to reconcile conflicting or outdated information, and control over what can be trusted. It works quickly and proactively, before guidance reaches customers and AI agents across the systems businesses already use. Nothing to move. Nothing to rebuild.

Rather than relying on existing approaches alone –– such as MCP connectors, AI built into individual systems and other AI tools that primarily find and access existing information –– Thought Industries’ Customer Knowledge AI Platform breaks down knowledge silos across scattered sources, governing what customers and AI agents can rely on. That trusted and accurate guidance can then be delivered everywhere, while every interaction makes the knowledge behind the next one better.

“AI agents are only as smart as the context behind them. When every agent is working from a different version of product knowledge, they can simply spread wrong answers faster,” said Irana Wasti, CEO of Thought Industries. “AI made answers abundant. Now the problem is knowing what to trust when the sources don’t agree. Search and retrieval alone can find information, but they don’t resolve conflicts between sources. Our Customer Knowledge AI Platform does. When customers get what they need to succeed with a product, they use more, buy more and stay longer.”

Introducing Lens: AI Agents That Put Customer Knowledge to Work

To launch its Customer Knowledge AI platform, Thought Industries is introducing Lens, the first AI solution purpose-built to eliminate fragmented customer knowledge and accelerate product adoption. Powered by knowledge agents, Lens connects, governs and continuously improves customer knowledge, delivering trusted guidance and intelligent actions wherever customers and AI agents need them. Together with Thought Industries Academy, Lens is the pivotal AI solution needed to form the Customer Knowledge AI Platform and break the knowledge silos holding customers back, once and for all.

“Often the information a user is searching for lives in different systems, not just our courseware,” said Clyde Seepersad, Senior Vice President & General Manager, Education at The Linux Foundation. “We’re excited to put Lens to work. It will bring that knowledge together and make it useful wherever our customers are looking for help, including through AI. Most importantly, we maintain control over the information being surfaced while also learning from the questions customers are asking. That gives us a much clearer picture of what customers need, where they’re getting stuck and how we can help them get more value from our products.”

How Lens works:

  • Connect sources instantly. Lens instantly plugs into the knowledge sources businesses already have, from their academy and product documentation to the help center, blog and more. Those sources stay where they are. No technical projects needed.
  • Agents resolve and govern. Lens knowledge agents work across what businesses know about their customers, what customers need to know about the product, and what businesses learn from their questions. They surface contradictions, apply governance rules that users set in plain language and help keep guidance accurate and current as products change.
  • Deliver trusted guidance everywhere. Lens makes that guidance available wherever customers and AI agents acting for them need it –– whether inside the product, in the academy, through support, on the web or in their AI tool of choice. It adapts to the moment, from a quick reply or walkthrough to a video or deeper learning. Lens agents can also take the next step and complete workflows.
  • See and learn from every interaction. With Lens, customer questions don’t disappear into an AI black box. Every question and interaction feeds back into the knowledge layer, showing where customers are getting stuck, where gaps exist and how well answers are working. That helps improve what customers get next.

Together, these capabilities create a closed loop: every interaction improves the knowledge behind the next one.

With the launch of Lens and the Customer Knowledge AI Platform, Thought Industries is moving beyond traditional customer education to help businesses turn fragmented knowledge into a competitive advantage. By delivering trusted, intelligent guidance wherever customers learn, ask, and act, Thought Industries is helping businesses accelerate product adoption, deepen customer relationships, and drive growth through the success of their customers.

Lens is available now in Beta. To learn more about Lens and the Customer Knowledge AI Platform, please visit: www.thoughtindustries.com/lens

About Thought Industries

Thought Industries is the Customer Knowledge AI Platform for customer and product leaders, delivering trusted and accurate product guidance across every customer and AI touchpoint. Building on more than a decade of expertise in customer learning, Thought Industries brings fragmented knowledge together across existing systems through a governed AI knowledge layer that answers customers’ questions, governs what should be trusted and learns from every interaction. Through Thought Industries Academy and Lens, businesses help their customers successfully adopt and use products, driving retention, expansion and revenue growth.

Learn more at thoughtindustries.com.

Media Contact
thought-industries@walkersands.com

Thought Industries TechTimes Vietnam Thought Industries Launches Lens and Unveils Customer Knowledge AI Platform, Breaking the Knowledge Silos Holding Businesses and Their Customers Back

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Thought Industries Launches Lens and Unveils Customer Knowledge AI Platform, Breaking the Knowledge Silos Holding Businesses and Their Customers Back

20/10/2026

Lens joins the Thought Industries Academy to form the Customer Knowledge AI Platform, turning fragmented customer and product knowledge into trusted guidance everywhere customers and AI agents look for answers

SAN FRANCISCO, Oct. 20, 2026 (GLOBE NEWSWIRE) — Thought Industries today launched Lens, a first-of-its-kind AI product, and unveiled the Customer Knowledge AI Platform, creating a breakthrough way for businesses to help customers succeed with their products.

Customer and product leaders face a growing problem: customer knowledge lives in silos across systems and teams, while AI is now everywhere customers look for guidance. Every tool can answer fast. Not every tool answers right. When answers contradict each other or fall out of date, customers get stuck, trust erodes and product adoption slows, putting retention and growth at risk. That’s the exact challenge Thought Industries is solving with its new platform.

Unveiling the Customer Knowledge AI Platform

The Thought Industries Customer Knowledge AI Platform brings fragmented customer knowledge together so businesses can deliver trusted, accurate guidance wherever customers and AI agents need it. At the core of the platform is a proprietary governed AI knowledge layer that gives businesses visibility into what they know, the ability to reconcile conflicting or outdated information, and control over what can be trusted. It works quickly and proactively, before guidance reaches customers and AI agents across the systems businesses already use. Nothing to move. Nothing to rebuild.

Rather than relying on existing approaches alone –– such as MCP connectors, AI built into individual systems and other AI tools that primarily find and access existing information –– Thought Industries’ Customer Knowledge AI Platform breaks down knowledge silos across scattered sources, governing what customers and AI agents can rely on. That trusted and accurate guidance can then be delivered everywhere, while every interaction makes the knowledge behind the next one better.

“AI agents are only as smart as the context behind them. When every agent is working from a different version of product knowledge, they can simply spread wrong answers faster,” said Irana Wasti, CEO of Thought Industries. “AI made answers abundant. Now the problem is knowing what to trust when the sources don’t agree. Search and retrieval alone can find information, but they don’t resolve conflicts between sources. Our Customer Knowledge AI Platform does. When customers get what they need to succeed with a product, they use more, buy more and stay longer.”

Introducing Lens: AI Agents That Put Customer Knowledge to Work

To launch its Customer Knowledge AI platform, Thought Industries is introducing Lens, the first AI solution purpose-built to eliminate fragmented customer knowledge and accelerate product adoption. Powered by knowledge agents, Lens connects, governs and continuously improves customer knowledge, delivering trusted guidance and intelligent actions wherever customers and AI agents need them. Together with Thought Industries Academy, Lens is the pivotal AI solution needed to form the Customer Knowledge AI Platform and break the knowledge silos holding customers back, once and for all.

“Often the information a user is searching for lives in different systems, not just our courseware,” said Clyde Seepersad, Senior Vice President & General Manager, Education at The Linux Foundation. “We’re excited to put Lens to work. It will bring that knowledge together and make it useful wherever our customers are looking for help, including through AI. Most importantly, we maintain control over the information being surfaced while also learning from the questions customers are asking. That gives us a much clearer picture of what customers need, where they’re getting stuck and how we can help them get more value from our products.”

How Lens works:

  • Connect sources instantly. Lens instantly plugs into the knowledge sources businesses already have, from their academy and product documentation to the help center, blog and more. Those sources stay where they are. No technical projects needed.
  • Agents resolve and govern. Lens knowledge agents work across what businesses know about their customers, what customers need to know about the product, and what businesses learn from their questions. They surface contradictions, apply governance rules that users set in plain language and help keep guidance accurate and current as products change.
  • Deliver trusted guidance everywhere. Lens makes that guidance available wherever customers and AI agents acting for them need it –– whether inside the product, in the academy, through support, on the web or in their AI tool of choice. It adapts to the moment, from a quick reply or walkthrough to a video or deeper learning. Lens agents can also take the next step and complete workflows.
  • See and learn from every interaction. With Lens, customer questions don’t disappear into an AI black box. Every question and interaction feeds back into the knowledge layer, showing where customers are getting stuck, where gaps exist and how well answers are working. That helps improve what customers get next.

Together, these capabilities create a closed loop: every interaction improves the knowledge behind the next one.

With the launch of Lens and the Customer Knowledge AI Platform, Thought Industries is moving beyond traditional customer education to help businesses turn fragmented knowledge into a competitive advantage. By delivering trusted, intelligent guidance wherever customers learn, ask, and act, Thought Industries is helping businesses accelerate product adoption, deepen customer relationships, and drive growth through the success of their customers.

Lens is available now in Beta. To learn more about Lens and the Customer Knowledge AI Platform, please visit: www.thoughtindustries.com/lens

About Thought Industries

Thought Industries is the Customer Knowledge AI Platform for customer and product leaders, delivering trusted and accurate product guidance across every customer and AI touchpoint. Building on more than a decade of expertise in customer learning, Thought Industries brings fragmented knowledge together across existing systems through a governed AI knowledge layer that answers customers’ questions, governs what should be trusted and learns from every interaction. Through Thought Industries Academy and Lens, businesses help their customers successfully adopt and use products, driving retention, expansion and revenue growth.

Learn more at thoughtindustries.com.

Media Contact
thought-industries@walkersands.com

FireSwarm Solutions Recognized Globally Among Cleantech Group’s 2026 Cleantech 50 to Watch for Wildfire Technology Innovation

20/10/2026

Canadian company recognized for technology that automates and swarms ultra-heavy-lift drones for wildfire response

SQUAMISH, British Columbia, Oct. 19, 2026 (GLOBE NEWSWIRE) — FireSwarm Solutions, a Canadian company that develops dual-use technology to automate drones for fire suppression and critical logistics, has been named to Cleantech Group’s 2026 Cleantech 50 to Watch. The annual list spotlights the early-stage companies best positioned to shape the next wave of cleantech innovation.

Selected through nominations and votes from Cleantech Group’s expert panel, this year’s 50 honorees span 12 countries. Canada is the second-most represented country with 11 companies, behind only the U.S.

FireSwarm was recognized in the list’s extreme heat resilience theme. Coming off a summer of punishing heat waves, Cleantech Group expects 2027 to be the year extreme heat resilience becomes a category of its own. Cleantech Group’s report notes that while wildfire detection has matured, resilience now depends on better suppression technology at the peak-burn stage. FireSwarm is one of three companies on the list it highlights as ready to address fires once they’ve broken out.

“Being named to the Cleantech 50 to Watch is a strong signal that wildfire suppression is now seen as core climate infrastructure, not just emergency response,” said Alex Deslauriers, CEO of FireSwarm Solutions. “Detection tells us where a fire is. The real gap is helping crews act earlier, whether that means supporting mobilization or delivering suppressant, often in conditions too dangerous for crewed aircraft. Automated swarms of ultra-heavy-lift drones will help extend firefighting into nighttime and low-visibility conditions.”

FireSwarm’s technology is designed to work across drone sizes, makes and models, automating swarms matched to each mission that can operate when traditional aircraft and crews are grounded. The company continues to advance its autonomous swarm technology, with AI at the core of its roadmap.

This year’s list arrives as Cleantech Group describes a shift from the “green premium” to a “sovereignty premium,” with buyers and investors prioritizing energy, supply and climate security. “With certainty, we’ve exited the days of the green premium,” said Anthony DeOrsey, Research Manager at Cleantech Group. “We’re now firmly entering the age of the sovereignty premium that is likely to define the late 2020s.”

View the official press release here: https://cleantech.com/release/the-sovereignty-premium-takes-center-stage-in-the-2026-cleantech-50-to-watch/

About FireSwarm Solutions

FireSwarm Solutions builds AI-enhanced autonomous drone swarm technology that extends the reach of those who protect us. Designed for wildfire suppression, dual-use logistics and emergency response, its systems are designed to support frontline crews day or night, in hard-to-reach places, in conditions that would ground traditional solutions. The company works with partners, fire agencies, communities and governments to build FireSwarm-ready regions equipped to respond faster to wildfire and emergency risk. Its technology is developed for civilian emergency response and adaptable to broader defence and security needs.

About Cleantech Group

Cleantech® Group is the human intelligence authority on global cleantech innovation. Since 2002, it has helped decision-makers across industry, finance, and policy navigate the rapid shifts transforming the global economy. Learn more at cleantech.com.

CONTACT: Media Contact

Melanie Bitner, CMO, FireSwarm Solutions
604 812 7032 | melanieb@fireswarmsolutions.com

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VANCOUVER, British Columbia, Oct. 22, 2026 (GLOBE NEWSWIRE) — Encore Technologies Corp. (“Encore” or the “Company”) (CSE: ENCR) is pleased to highlight a major on-orbit technology milestone achieved by portfolio company, Solstar Space Co. (“Solstar”), following the successful demonstration of Solstar’s space communications technology during an ongoing NASA proximity operations mission.

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  • Technology Validated in Orbit: Solstar connected two spacecraft and helped deliver NASA mission data back to Earth on the Iridium Network.
  • Encore Expands Space Focus: Following its US$1.16 million investment in Solstar, Encore is strengthening its focus and leadership in the rapidly growing space sector.

The milestone comes shortly after Encore’s approximately US$1.16 million strategic investment in Solstar and represents an important validation of the investment thesis behind Encore’s growing exposure to the commercial space economy.

Encore is also announcing the appointment of Company co-founder and capital markets executive Matthew Sroka to its Board of Directors as part of a board reconstitution that will see founding shareholder and Director James Reid resign from the board of directors.

With its investment in Solstar and the recent addition of former Commander of the Royal Canadian Air Force Lieutenant-General (Ret’d) Michael Hood as Strategic Advisor, Encore is building deeper expertise and exposure within the rapidly developing commercial and defence space infrastructure markets.

Solstar Technology Successfully Deployed in Operational NASA Mission

Solstar recently demonstrated its Deke™ Space Communicator during NASA’s R5-S10 proximity operations mission involving NASA’s CubeSat and Momentus’ Vigoride-7 orbital service vehicle.

Solstar’s technology established a space-to-space Wi-Fi connection between the spacecraft, capturing mission imagery and sensor data and relaying mission-critical information back to NASA personnel at Johnson Space Center through the Iridium satellite network. During approximately 30 minutes of proximity operations, Deke collected more than 2,300 files, including imagery and optical, infrared and LiDAR sensor data.

The mission represents a significant milestone for Solstar, advancing its communications architecture from technology development to demonstrated on-orbit capability during an operational NASA mission. The demonstration validated key elements of an end-to-end communications architecture designed to support increasingly connected and autonomous space operations, with potential applications across satellites, orbital servicing, commercial space stations and future lunar operations.

For Encore, the successful mission provides important validation of its investment thesis in Solstar, demonstrating the technology in a live orbital environment alongside NASA, Momentus and Iridium, while reinforcing Encore’s growing focus on the commercial space economy.

Solstar’s Joint News Release with NASA

Stephen Kukucha, Chief Executive Officer of Encore, commented:

“When we invested in Solstar, we believed communications infrastructure would become increasingly critical as activity in orbit expands. What Solstar has now accomplished with NASA is an important validation of that thesis.

This wasn’t a laboratory demonstration. Solstar’s technology operated in space during a NASA mission, connected spacecraft in orbit and helped move mission data back to Earth through the Iridium network. That is an important distinction.

We believe the next generation of space infrastructure will require persistent and reliable connectivity between spacecraft, operators and Earth. Solstar is building technology aimed directly at that requirement, and we believe this successful mission materially strengthens its position as the commercial space economy develops.”

Board Reconstitution

Encore is also pleased to announce the appointment of Matthew Sroka, a co-founder of Encore and Managing Partner of Three Peaks Capital, to the Company’s Board of Directors.

Mr. Sroka has more than 16 years of experience across international capital markets, corporate finance and company formation. He has played a senior role in more than $200 million of public and private financings and has helped build, finance and structure companies and transactions across multiple international markets and stock exchanges. His experience spans capital formation, corporate structuring, M&A, institutional investor development and the advancement of emerging companies from early-stage formation through public-market growth.

Mr. Sroka’s appointment adds significant capital markets and corporate development experience to the Board as Encore evaluates opportunities to expand its exposure to emerging technology and infrastructure markets.

In connection with the Board reconstitution, James Reid will resign as a director of the Company.

Encore extends its sincere appreciation to Mr. Reid for his contributions as a founding director and for his important role in guiding the Company through its formation and successful listing on the Canadian Securities Exchange.

About Solstar Space Company

Solstar is a U.S.-based communications infrastructure company developing connectivity solutions for the growing space economy. The Company is focused on enabling persistent communications for spacecraft, commercial space operators, government agencies and future space-based infrastructure through a combination of communications hardware, software and communications services. Solstar’s DEKE Space Communicator is currently operating in orbit, supporting the Company’s mission of extending connectivity beyond traditional terrestrial networks.

About Encore Technologies Inc.

Encore Technologies Inc. is a technology-focused public company advancing intelligent infrastructure solutions and evaluating strategic opportunities in emerging technology sectors. The Company seeks to identify technologies and partnerships that have the potential to improve connectivity, operational efficiency and long-term infrastructure resilience.

For further information contact:
Stephen Kukucha
Chief Executive Officer
Tel: (604) 398-4786

Caution Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes statements regarding, the proposed Financing, the proposed Investment, the execution of definitive agreements, the use of proceeds, anticipated strategic benefits, potential future collaboration opportunities between Encore and Solstar, the completion of the transactions described herein, and other statements that are not historical facts. Forward-looking information is generally identified by words such as “expects,” “intends,” “anticipates,” “believes,” “plans,” “estimates,” “may,” “could,” “would,” “should,” and similar expressions. Forward-looking information reflects management’s current beliefs and assumptions and is subject to a number of known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied.

Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise forward-looking information except as required by applicable law.

The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this news release.

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63/2026・Trifork Group: Weekly report on share buyback

19/10/2026

Schindellegi, Switzerland – 19 October 2026

Trifork Group AG
Company announcement no. 63/2026

Weekly report on share buyback

On 27 February 2026, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 2 March 2026 up to and including no later than 31 December 2026. For details, please see company announcement no. 15 of 27 February 2026.

Under the share buyback program, Trifork will purchase shares for up to a total of DKK 75 million (approximately EUR 10 million).

Under the program, the following transactions have been made:

Date                                        Number of shares        Average purchase price (DKK)        Transaction value (DKK)
Total beginning 564,077 100.01 56,413,442
12 October 2026 2,900 97.92 283,968
13 October 2026 2,900 97.83 283,707
14 October 2026 2,900 97.51 282,779
15 October 2026 2,900 95.94 278,226
16 October 2026 2,900 99.75 289,275
Accumulated 578,577 99.95 57,831,397

A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/.

With the transactions stated above, the total accumulated amount of treasury shares acquired under the current share buyback program corresponds to 2.9% of the share capital of Trifork Group AG. Trifork Group owns 844,993 treasury shares in total, corresponding to 4.3% of the share capital.

Investor & Media contact
Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 7317

About Trifork Group
Trifork (Nasdaq Copenhagen: TRIFOR) is a global technology company specializing in designing, building, and operating advanced software for enterprise and public sector customers. With 1,118 FTEs across 16 countries, Trifork serves as an end-to-end technology partner to organizations in complex and regulated industries, including public administration, healthcare, financial services, energy, and aviation.
Learn more at trifork.com.

Attachment

  • CA_63_2026_Buyback

GSI Technology Achieves Key Milestone in Taiwan Smart City Project, Begins Live AI Monitoring

21/10/2026

Completes Initial Stage of Phase I, Gemini-II-powered platform meets 90% detection accuracy requirement

SUNNYVALE, Calif., Oct. 21, 2026 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), the developer of Associative Processing Unit (APU) technology for high-performance, energy-efficient AI computing, today announced the successful completion and acceptance of the initial stage of Phase I of its Smart Eye Guardian project with the Hsinchu County government in Taiwan.

The project, awarded in May 2026, represents GSI’s first Smart City deployment of its Gemini-II APU. Developed under the project name Hawkeye, the Company’s AI-powered video analytics platform has begun live monitoring of selected surveillance cameras in Hsinchu County. The initial on-prem server installation, supporting 20 cameras, was completed following successful passage of the County’s mandated cybersecurity review.

Powered by GSI’s Gemini-II APU, the platform uses AI-based video analytics to continuously monitor surveillance feeds, identify potential public safety incidents and alert operators to events requiring attention. By helping operators distinguish significant events from routine activity, the system is designed to improve situational awareness, reduce the burden of manual video monitoring and support faster response to emerging incidents.

During the initial deployment, the system achieved Hsinchu County’s mandated 90% detection accuracy while subsequent optimization reduced false alerts to levels meeting the County’s requirements. The performance improvement enabled the platform to pass the County’s acceptance testing and advance to live monitoring.

“Successful acceptance of the initial stage of Phase I and the commencement of live monitoring represent important milestones in bringing Gemini-II into real-world applications,” said Lee-Lean Shu, Chairman and Chief Executive Officer of GSI Technology. “We are particularly encouraged by the system’s initial accuracy and low false-alert rate, which are important measures of effectiveness in public safety applications. With the platform now operating in a live environment and having passed the required cybersecurity review, we are demonstrating the practical capabilities of our APU technology while continuing to advance our commercialization strategy.”

GSI expects to complete Phase I of the Smart Eye Guardian project in its entirety by December 2026. The initial phase includes the development and deployment of an AI-powered video analytics platform supporting an installed base of 20 surveillance cameras, with capabilities designed to detect and monitor public safety events, including traffic incidents, fires, hazards and suspicious activity.

As previously announced, subsequent phases of the Smart City program, if awarded, could expand deployment of the platform to approximately 80 cameras, with the longer-term objective of extending AI monitoring across additional public safety locations throughout Hsinchu County. In addition, subsequent phases, if awarded, are expected to introduce Automatic Speech Recognition (ASR) functionality. The project is also intended to provide a reference deployment for potential Smart City opportunities in other municipalities.

To view a demonstration of GSI Technology’s Smart City video analytics platform, visit: https://gsitechnology.com/gsi-technologys-smart-city-vlm-system-demo/.

ABOUT GSI TECHNOLOGY
GSI Technology is at the forefront of the AI revolution with our groundbreaking APU technology, designed for unparalleled efficiency in billion-item database searches and high-performance computing. GSI’s innovations, Gemini-I® and Gemini-II®, offer scalable, low-power, high-capacity computing solutions that redefine edge computing capabilities. GSI Technology is headquartered in Sunnyvale, California, and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding GSI Technology’s expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to GSI Technology as of the date hereof, and GSI Technology assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties, which could cause actual results to differ materially from those projected.

The Phase I contract award represents an initial-stage engagement, and there can be no assurance that GSI Technology will complete Phase I of the Smart Eye Guardian project by December 2026 or at all, that the remaining Phase I deliverables will be accepted by the Hsinchu County government, or that GSI Technology will receive payments under Phase I when expected or at all. The detection accuracy, false-alert rates and other performance levels achieved during the initial deployment may not be maintained during continued live monitoring or in larger deployments. There can be no assurance that GSI Technology will be awarded subsequent phases of the Smart City program or that ASR functionality will be introduced, and expansion of the system to approximately 80 cameras or to additional public safety locations throughout Hsinchu County is dependent on the award of subsequent phases, which may not occur as planned or at all. The Smart Eye Guardian project may not serve as a reference deployment for Smart City opportunities in other municipalities. Additionally, GSI Technology’s actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including those associated with fluctuations in its operating results; its historical dependence on sales to a limited number of customers and fluctuations in the mix of customers and products in any period; its dependence on contracts with government customers, including foreign government customers, which may be subject to delays, changes in scope, funding constraints or termination; cybersecurity incidents or failures affecting its systems or deployments; the rapidly evolving markets for its products and uncertainty regarding the development of these markets; the need to develop and introduce new products to offset the historical decline in the average unit selling price of its products; the challenges of rapid growth followed by periods of contraction; intensive competition; the continued availability of government funding opportunities; and delays or unanticipated costs that may be encountered in the development of new products based on its in-place associative computing technology and the establishment of new markets and customer and partner relationships for the sale of such products. Many of these risks are currently amplified by, and will continue to be amplified by, or in the future may be amplified by, economic and geopolitical conditions, such as changing interest rates, worldwide inflationary pressures, policy unpredictability, the imposition of tariffs and other trade barriers, military conflicts, geopolitical tensions involving Taiwan and a challenging global economic environment. These risks are discussed in more detail in GSI Technology’s most recently filed Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and its other reports filed from time to time with the SEC. You are urged to review carefully and consider GSI Technology’s various disclosures in this press release and in its reports publicly disclosed or filed with the SEC that attempt to advise you of the risks and factors that may affect its business.

Source: GSI Technology, Inc.

Contacts:
Investor Relations
Hayden IR
Kim Rogers
541-904-5075
Kim@HaydenIR.com

Media Relations
Finn Partners for GSI Technology
Ricca Silverio
415-348-2724
gsi@finnpartners.com

Company
GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
408-331-9802

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