Author: GlobeNewswire

AAA Four Diamond property becomes MBody’s first multi-year commercial partner in Florida, extending the company’s physical AI business beyond casino-resorts

Highlights

• First non-casino resort customer and first commercial account in Florida.
• MBody will provide Caribe Royale Orlando physical AI hardware, service & its proprietary Orchestrator™ software.

LAS VEGAS and ORLANDO, Fla., Oct. 22, 2026 (GLOBE NEWSWIRE) — MBody AI Ltd. (“MBody AI” or the “Company”) (Nasdaq: MBAI) today announced Caribe Royale Orlando as a new commercial partner. The AAA Four Diamond property is MBody’s first commercial resort partnership in Florida.

Proprietary MBody AI Orchestrator™ platform coordinates autonomous equipment from different manufacturers. The Company combines the software with deployment and ongoing service through its AI-as-a-Service model, which is built around multiyear subscriptions.

Caribe Royale Orlando brings the scale of a major convention destination together with the personal attention of an independently owned resort. Its AAA Four Diamond property features 1,217 one-bedroom suites, 120 two-bedroom villas and 260,000 square feet of indoor and outdoor event space. Eight dining venues, including The Venetian Chop House and Stadium Club, serve guests whose visits range from family vacations to large conferences.

Delivering a consistent experience across those settings takes a coordinated effort behind the scenes. The new relationship brings MBody AI’s offering to a resort where the quality of daily operations is part of the guest experience.

“Every part of Caribe Royale Orlando should reflect the care our team puts into a guest’s stay,” said Luciano Sperduto, Hotel Manager of Caribe Royale Orlando. “We’re thoughtful about the technology we bring into the resort. Working with MBody gives us the physical AI to support our team as we continue investing in the experience we deliver.”

“Caribe Royale Orlando combines the character of an independently owned resort with the scale of a major convention destination,” said John Fowler, Chief Executive Officer of MBody AI. “Luciano and his team understand that an exceptional guest experience depends on what happens behind the scenes. Our focus is helping them put physical AI to practical use in daily operations, supporting their people so they can devote more attention to the service that makes guests return while simultaneously lower their own operating costs.”

MBody’s proprietary AI Orchestrator platform coordinates autonomous equipment from multiple manufacturers, backed by deployment and ongoing service. Caribe Royale Orlando becomes MBody’s first resort partner that is not affiliated with a casino and first commercial deployment in Florida, extending its business beyond gaming. MBody’s strategy is to build lasting customer relationships by making Orchestrator useful across more of their operations. As customers add applications, they can address additional operating needs through a platform they already use, while MBody grows recurring software and service fees alongside the work it supports.

Follow the Company’s progress at ir.mbody.ai

About MBody AI Ltd.

MBody AI Ltd. (Nasdaq: MBAI) is building the enterprise operating layer for physical AI. Its proprietary MBody AI Orchestrator platform manages supported robots from multiple manufacturers, with a commercial focus on hospitality and gaming. MBody combines software, deployment and service under long-term agreements to help customers put robotic workforces to work. Learn more at ir.mbody.ai.

Forward-looking statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements in quotations, headlines, highlights and graphics. These statements concern expected benefits of the Caribe Royale Orlando relationship and support for resort operations; growth in standalone resorts and Florida; continuation and expansion of customer relationships; future capabilities and adoption of MBody AI Orchestrator; and growth through additional applications, hardware integrations, properties and customers. Words such as “expect,” “believe,” “intend,” “may,” “will” and similar expressions identify some, but not all, forward-looking statements.

These statements reflect management’s current expectations and assumptions regarding customer demand, technology performance, supplier availability and the Company’s financing and service capacity. Actual results may differ materially due to risks including equipment or software failures, integration difficulties, cybersecurity incidents or service interruptions; anticipated benefits not being achieved or sustained; changes in customer requirements or budgets; customer concentration, reduced orders, termination or non-renewal of engagements; delays in developing supported applications or integrations; dependence on third-party manufacturers and suppliers; equipment, personnel and service availability and costs; inability to convert pilots or expand accounts; competition and market conditions; additional capital requirements, financing availability and potential dilution; failure to maintain Nasdaq listing compliance or foreign private issuer status; and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission.

Past results and customer expansion do not guarantee future performance, further orders or deployments at other properties. Forward-looking statements are not guarantees of future operating results. Readers should not place undue reliance on these statements, which speak only as of this release’s date. Except as required by law, the Company undertakes no obligation to update or revise forward-looking statements for new information, future events or otherwise.

Quick Facts

Investor relations
Lytham Partners, LLC
602-889-9700 | ir@mbody.ai

Media contact
Core IR | ir@mbody.ai

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MALMÖ, Sweden, Oct. 22, 2026 (GLOBE NEWSWIRE) — Latent View Analytics Limited (BSE: 543542 | NSE: LATENTVIEW), an AI-driven analytics, data engineering, and consulting firm, announced the appointment of Amith Patalay as Head of Europe & UKI, Consumer Ecosystem. In this role, Amith will lead LatentView’s growth strategy across the region, with a focus on expanding its market presence, strengthening strategic client relationships, and helping enterprises realise greater business value through data, analytics, and AI. His portfolio spans consumer-facing industries, including consumer goods, retail, marketplaces, and automotive.

Based in Malmö, Sweden, Amith brings nearly 24 years of experience in the consulting and technology industry, including 20 years at Infosys. Throughout his career, he has led large business portfolios, developed long-standing relationships with global enterprises, and built teams across Europe, North America, Latin America, and India. His experience encompasses growing established client relationships and developing new business opportunities globally.

The appointment reflects LatentView’s continued commitment to strengthening its European business, bringing its global capabilities closer to regional clients, and building long-term partnerships with enterprises navigating an increasingly complex business and technology landscape.

Welcoming Amith, Sonal Ramrakhiani, Chief Executive Officer of LatentView Analytics, said, “As we enter our next phase of growth, strengthening our presence across geographies is a key strategic priority. Europe is central to that ambition. Amith brings extensive experience in building businesses, managing strategic client relationships, and leading teams in diverse markets.”

Venky Ramesh, Chief Client Officer and Group P&L Head, Consumer Ecosystem at LatentView Analytics, said, “Europe is a strategic growth market for LatentView, and our ambition is to become the partner of choice for enterprises looking to turn data and AI into competitive advantage. Our focus is not simply on enabling clients to adopt AI, but on helping them compete better, grow faster, and win in their markets. Amith brings the commercial leadership, understanding of the European business landscape, and experience in building long-term partnerships needed to translate this ambition into measurable business outcomes.”

Commenting on his appointment, Amith said, “We are at a defining moment in Europe’s AI journey. Enterprises here are ambitious about AI, but they also want to adopt it in a way that is trusted, compliant, and tied to business outcomes. I’m delighted to represent LatentView Analytics and build strong partnerships with European enterprises. I look forward to working closely with businesses across the region, enabling better decisions and delivering tangible business impact.”

LatentView continues to deepen its capabilities in data engineering, advanced analytics, AI, and decision intelligence to help enterprises address complex business challenges. Its growing partner ecosystem and industry expertise support organisations across areas such as marketing effectiveness, customer and consumer intelligence, revenue growth, supply chain optimisation, and enterprise decision-making.

The company has received industry accolades for its capabilities, including Databricks Gold Partner status, ISG Leader recognitions in Specialty Analytics and AI Services – Supply Chain (2024 to 2026), and Specialty Analytics Services – Retail and CPG (2025). It has also featured as a Strong Performer in The Forrester Wave™: Marketing Measurement and Optimization Services, Q1 2026.

ABOUT LATENTVIEW

Latent View Analytics (LatentView) is a global AI-first data analytics company that inspires and transforms businesses to excel in the digital world by harnessing the power of data. The Company provides a 360-degree view of the digital consumer, enabling companies to predict new revenue streams, anticipate product trends and popularity, improve customer retention rates, and optimise investment decisions. With AI-powered analytics, data engineering, and decision intelligence capabilities, LatentView helps organisations turn actionable insights into accurate decisions and measurable business outcomes. A trusted worldwide enterprise partner to over 40 Fortune 500 companies, LatentView operates in the Technology, CPG, Industrials, Financial Services, and Retail sectors. For more information, visit www.latentview.com or follow us on LinkedIn.

Media Contact:
latentview@walkersands.com

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SUNNYVALE, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in artificial intelligence (AI) and high-performance compute processing, providing true compute-in-memory technology, will announce financial results for its fiscal second quarter 2027 ended September 30, 2026 after the market close on Thursday, November 5, 2026. Management will also conduct a conference call to review the Company’s second quarter financial results and its outlook for the third quarter of fiscal 2027 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on the same day.

To participate in the call, please dial 1-833-862-0559 in the U.S. or 1-412-634-6358 internationally approximately 10 minutes before the start time above, and provide the Conference ID 10212807 The call will also be streamed live via the internet at https://ir.gsitechnology.com. 

A replay will be available from November 5, 2026, at 7:30 p.m. Eastern Time through November 12, 2026, at 11:59 p.m. Eastern Time. To access the replay, dial toll-free in the U.S. at 1-844-512-2921 or internationally at 1-412-317-6671, and enter PIN 10212807. A webcast of the call will be archived on the Company’s investor relations website under the Events and Presentations tab.

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.

Contacts:

Investor Relations:
Hayden IR
Kim Rogers
385-831-7337
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

Announcement Highlights:

            (i)      First purchase order (PO) from a strategic AI Customer marks a key commercial milestone in the Company’s MicroLED optical interconnect business.

            (ii)      PO includes a statement of work (SOW) for delivery of ultra high-performance MicroLED chips designed specifically for AI optical interconnects.

            (iii)      Palomino is focusing on MicroLED performance, reliability and manufacturing supply chain to meet the current customer’s stringent design requirements.

GOLETA, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) — Palomino Laboratories, Inc. (OTCQB: PALX) (“Palomino” or the “Company”), an artificial intelligence (AI) interconnect product company, today announced it has received its first purchase order (PO) from a strategic hyperscaler customer. The PO includes a statement of work (SOW) for the delivery of high-performance gallium nitride (GaN) MicroLED chips for optical interconnect applications within AI infrastructure.

The Company believes this initial PO represents validation of its core market thesis. Specifically, MicroLED technology originally designed for the display market is not optimized for optical interconnect applications and therefore must be engineered specifically for high-speed data. Subsequently, MicroLED chip performance must be tailored to AI data center link budgets and aligned to customer system requirements.

Under the SOW, Palomino expects to improve both nanomaterial and MicroLED design to increase output power and fiber coupling efficiency performance, consistent with the Company’s technical roadmap. All other MicroLED technical parameters from Palomino’s technology platform are compliant with the customer’s target requirements.

Jeffrey B. Shealy, Co-Founder and CEO, commented: “This first commercial PO from our hyperscaler customer is a significant corporate milestone for Palomino. It confirms that leading AI infrastructure customers recognize that MicroLEDs for optical interconnects must be engineered for bandwidth, reliability and efficiency driven by the AI market.” Mr Shealy continued, “This SOW aligns directly with our AI interconnect product roadmap, and we are executing with urgency to deliver technical performance while addressing the manufacturing supply chain required for volume production.”

Dr. Steven DenBaars, Co-founder and Director of Palomino Laboratories, Inc. and pioneer of GaN MicroLED technology, added: “MicroLEDs are a powerful device platform and optical interconnect architectures impose very different performance constraints relative to those for display applications. Palomino’s work is grounded in foundational GaN MicroLED innovation and protected by our IP portfolio that includes licence rights to University of California, Santa Barbara (UCSB) patents. This PO reflects growing customer recognition that novel material science and MicroLED device design are crucial to unlock the efficiency advantages needed for next-generation AI interconnects.”

Palomino believes the receipt of this first PO is consistent with, and supports, the Company’s previously stated objective that it would secure a development contract from a strategic AI customer in Q4 FY26. The Company expects this work will further strengthen customer engagement and accelerate progress toward MicroLED-enabled optical interconnect solutions for short-reach AI systems.

About Palomino Laboratories
Palomino Laboratories is an artificial intelligence (AI) interconnect technology company headquartered in Goleta, California, developing next-generation connectivity solutions for the rapidly evolving AI infrastructure market. The Company’s product focus addresses AI interconnect solutions in the 0-to-50 meters range and includes: (i) silicon chipsets enhancing the speed of copper, (ii) silicon optical integrated circuits (IC’s) optimizing the performance of MicroVCSEL interconnects, and (iii) silicon and gallium nitride IC’s for MicroLED interconnects. Our chipsets enable high-bandwidth, low-latency, and energy-efficient data movement across AI systems. Palomino’s solutions are designed to support the growing performance demands of AI, high-performance computing (HPC), enterprise networking, hyperscale data centers and advanced robotics as increasingly intelligent systems require faster, more efficient, and more reliable data connectivity.

For more information, please visit www.palominolabs.ai.

Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other statements that are predictive in nature, that depend upon or refer to future events or conditions. All statements other than statements of historical fact are statements that could be forward-looking statements. Forward-looking statements include words such as “expects,” “anticipates,” “intends,” “plans,” “could,” “believes,” “estimates” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, the factors listed under “Risk Factors” in the Company’s filings with the SEC, including Forms 10-K, 10-Q and 8-K. Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this release. Except as may be required by law, the Company does not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For further information
Palomino Laboratories Inc.
Jeffrey B. Shealy, CEO
Email: IR@palominolabs.ai

St. Louis, Oct. 21, 2026 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE:ESE) will report its fourth quarter financial results after the market close on Thursday, November 19, 2026, followed by a conference call where the financial results and related commentary will be discussed.  

Event:       Fourth Quarter 2026 Conference Call
Date:        Thursday, November 19
Time:        4:00 p.m. Central Time

The conference call webcast and an accompanying slide presentation will be available in the Investor Center of ESCO’s website. The slide presentation will be utilized during the call and will be posted on the website prior to the call. Participants may also access the webcast using this registration link.

For those unable to participate, a webcast replay will be available after the call in the Investor Center of ESCO’s website.

ESCO Technologies is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement products and systems; and provides diagnostic instruments, software and services to industrial power users and the electric utility and renewable energy industries. Headquartered in St. Louis, Missouri, ESCO and its subsidiaries have offices and manufacturing facilities worldwide. For more information on ESCO and its subsidiaries, visit ESCO’s website at www.escotechnologies.com

SOURCE ESCO Technologies Inc.
Kate Lowrey, Vice President of Investor Relations, (314) 213-7277

Largest funding round to date accelerates product innovation, transparent AI decisioning, and global expansion for commerce networks

DURHAM, North Carolina, Oct. 21, 2026 (GLOBE NEWSWIRE) — Kevel, the ad tech infrastructure empowering commerce businesses to build media networks they own and grow, today announced $52 million in new capital, marking the largest capital raise in the company’s history. The financing includes expanded strategic investments from Fulcrum Equity Partners, dunnhumby Ventures LLC, Iberis Capital and additional growth capital from ORIX Corporation USA’s (“ORIX USA”) Growth Capital business.

Kevel’s total capital raised now exceeds $100 million, reflecting strong demand for its technology across the retail and commerce media industry. The continued support of investors like dunnhumby, the retail media arm of Tesco, reflects growing momentum behind retailer-owned media ecosystems. Dunnhumby’s recent launch of the Dunnhumby Network Alliance (DNA), built in partnership with Kevel, also demonstrates an increase in industry-wide initiatives like this to drive greater scale and connectivity across retail media networks.

Kevel’s API-first architecture gives retailers, marketplaces and commerce platforms the flexibility to build media businesses around their own customers, data and growth strategies. As commerce media enters its next stage of maturity, businesses are shifting focus from launching to scaling media networks, requiring infrastructure capable of supporting omnichannel activation and AI-powered decisioning.

“Commerce media is entering a new era, one defined by ownership, transparency, and AI-driven infrastructure built around the business rather than intermediaries,” said James Avery, Founder & CEO, Kevel. “To keep commerce media open and competitive, businesses must own their monetization and data. This raise enables us to scale the technology retailers and marketplaces need to build differentiated media networks, drive sustainable growth, and compete head-to-head with the largest platforms.”

Kevel is the leading commerce media platform, trusted by over 100+ commerce media networks, including Tesco, Dollar General Media Networks, John Lewis Partnership, Paypal, Scandinavian Airlines, Home Depot’s Orange Apron Media, Nubank, and more, across North America, Europe, LATAM, and APAC. Kevel has a commitment to powering independent, privacy-first media networks for retailers, marketplaces and commerce platforms so they can compete with the walled gardens on their own terms.

“Kevel has built an impressive, highly differentiated platform that enables customers to rapidly launch and scale retail media businesses tailored to their unique brands and audiences,” said Blake Zhang, Managing Director in ORIX USA’s Growth Capital business. “As the market continues to expand across on-site, off-site, in-store and other emerging channels, we believe Kevel is well positioned to help customers navigate that growing complexity and scale across an increasingly broad ecosystem. We are excited to partner with James and the Kevel team as they continue to innovate and help shape the next generation of retail media.”

The investment reinforces Kevel’s position as the API-first infrastructure layer for AI-enabled commerce media, built on a simple principle: AI that retailers can see into, control, and trust. As AI becomes increasingly central to media monetization, retailers need real visibility into how decisions are made and confidence that those decisions align with their business goals. Kevel’s transparent AI shows exactly how and why every ad decision is made, so retailers can prove performance to advertisers, protect the shopper experience, and keep full ownership of their data and models.

“Kevel’s continued investment in building cutting-edge infrastructure and AI to power commerce media networks is truly incredible,” commented Philip Lewis, Partner, Fulcrum Equity Partners. “We are thrilled to continue investing to ensure that Kevel has the resources to support the complex needs of our partners.”

The funding will accelerate Kevel’s next stage of growth, with transparent AI at the center of its product roadmap. The company will continue developing its AI decisioning and optimization capabilities so that every ranking, bid and placement decision is explainable, auditable and configurable by retailers. The company will also expand globally into new retail and commerce media categories and deepen its strategic advisory services, helping retailers at every stage of maturity put AI to work without giving up visibility or control.

Cafferty & Company, an independent debt advisory firm, served as the sole advisor to Kevel on the transaction.

About Kevel

Kevel powers top retail and commerce media networks globally. Kevel helps businesses build a media network around its unique goals. This enables them to create differentiated media experiences, unlock new revenue streams, and scale in an AI-first world. Built API-first, Kevel combines the speed of buying with the control of building. Companies can use Kevel’s transparent AI or bring their own data and models, giving them the flexibility to evolve their media business as customers, advertisers, and market opportunities change. The result is a media network that launches quickly, adapts continuously, and scales revenue over time. For more information, visit kevel.com.

Media Contact

Laura Cameron
Mead Cameron
laura@meadcameron.com
+44 (0)7740 948 378

Photo available: https://www.globenewswire.com/NewsRoom/AttachmentNg/0351cc06-497a-477f-bd5f-c25d52ba1cb0

Chicago advanced technology company plans 30 new jobs and builds Prometheus forecasting software around human expertise, measurable results, and security, stability and trust

CHICAGO, Oct. 21, 2026 (GLOBE NEWSWIRE) — CCMC Advanced Technologies Inc., a Chicago-based research and technology company, has executed an Economic Development for a Growing Economy (EDGE) Agreement with the Illinois Department of Commerce and Economic Opportunity (DCEO). The agreement defines an investment of $2.4 million into an underserved area of Chicago to further establish the city as a hub for innovation while simultaneously creating at least 30 new jobs and supporting CCMC’s growth in the region with an estimated EDGE tax-credit value of $1,919,244.

View DCEO’s Official EDGE Agreements Page

CCMC views the partnership and the initial hirings as the starting point of its Illinois workforce ambitions. As commercialization, customer demand, and work across government and strategically important industries grows, the company intends to create even more jobs to support its expanding operations. “Thirty jobs is where this commitment begins,” said Mario I. Tovar, Jr., President and CEO of CCMC. “We want to build careers while we responsibly establish ourselves as the next big tech company here in Illinois and take full advantage of the opportunity we have been given.”

Building the Next Generation

CCMC has already begun a working partnership with a local Chicago university, Governors State University, and hopes it becomes the beginning of a broader academic network. CCMC and GSU have developed concepts involving academic investigation and independent review of predictive forecasting technologies, including research design, statistical review, reproducibility, and limitations. CCMC hopes to work with more universities to share appropriate research, expose students to emerging predictive technologies, and help identify future skills, coursework, internships, research opportunities, and career pathways. Caleb Williams, CTO at CCMC stated, “We are very grateful for our relationship with GSU. We hope it is the first of many. If we are building technology for the future, we should help prepare people for that future too.”

Future Expansion

CCMC’s expansion strategy will begin in Illinois before expanding across the United States. Its patent-backed intellectual-property portfolio and international PCT filing support a pathway to seek patent protection in additional markets as the company grows. CCMC intends to coordinate with appropriate Illinois economic-development resources, including DCEO and its Office of Trade and Investment, as it evaluates international opportunities. Initial interests include Austria and the EU, followed by Canada, the United Kingdom, Australia, New Zealand, and others.

About CCMC Advanced Technologies Inc.

CCMC Advanced Technologies Inc. is a deep-tech company developing novel, next-generation machine learning and advanced data analytics technologies for government agencies and strategically important industries. Its core product, Prometheus, is a patent-backed predictive intelligence platform designed to identify emerging risks, evaluate scenarios, and help organizations make better-informed decisions backed by evidence and measurable data. CCMC is pursuing U.S. government R&D and validation pathways for technological innovations while advancing a defensible U.S. and international intellectual-property backed commercialization strategy. The company is focused on responsible innovation, efficient computing, evidence-based decision support, and delivering long-term economic and public value.

A New Generational Technology Company

CCMC is being built at a time when many Americans are questioning the ethical direction of artificial intelligence within the tech-industry, with concerns over privacy, job security, increased utility costs, energy demands, data centers, and potential environmental impacts taking center stage in public discourse. CCMC takes those concerns very seriously; the company hopes to establish a higher ethical standard for advanced technology built around human expertise, measurable results, and a commitment to security, stability and trust. Tovar stated, “We want CCMC to demonstrate that ambitious innovation can exist alongside investments in the public good. Success at the cost of the community is not acceptable.”

About Illinois Department of Commerce and Economic Opportunity

The Illinois DCEO is a government agency intent on improving the quality of life throughout Illinois by providing economic opportunities to citizens, entrepreneurs, and growing small businesses working for the betterment of the state. DCEO extends aid through a wide range of programs focused on promoting state-innovation and investing in Illinois communities, including business development, grants management, economic equity, legislative affairs, and more.

MEDIA CONTACTS:

Michael Hernandez
marketing-team@ccmctech.global | www.ccmctech.global  

Karl Post – TallGrass Public Relations
karl.post@tallgrasspr.com

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

New program aims to build AI capacity and support knowledge sharing for nonprofit professionals across Canada

TORONTO, Oct. 21, 2026 (GLOBE NEWSWIRE) — The Human Feedback Foundation (HFF), with support from RBC, today announced the Agentic AI Design Exchange – the first national program to help Canadian nonprofits responsibly design, build and deploy their own dedicated AI agents.

The goal of the program is to boost productivity and encourage safe, strategic adoption of AI agents to achieve organizational objectives. The Exchange will be funded by a community investment from RBC, provided through the RBC Stronger Nonprofits Program, designed to help strengthen Canada’s nonprofit sector amid unprecedented strain and surging service demands.

Built on a proven methodology from Professor Mihnea Moldoveanu (Rotman School of Management at the University of Toronto), the program is also supported by community partners such as the Rotman Business Design Initiative, Imagine Canada and the Canadian Centre for Nonprofit Digital Resilience (CCNDR).

“Nonprofits are the backbone of communities across Canada, and many Canadians rely on nonprofits to catch them when things fall apart, yet too many are still working with clipboards in a computer world,” said Elena Yunusov, Executive Director and Founder of the Human Feedback Foundation. “When used strategically and responsibly, AI can multiply what nonprofits already do best and better support the communities they serve. This community investment from RBC builds capacity that compounds right when the sector needs it most.”

The Agentic AI Design Exchange will build on the success of the HFF’s Responsible AI for Social Impact (RAISE) program, the first national initiative to educate Canadian nonprofits on how to design and deploy AI solutions safely and responsibly. Leveraging lessons learned from RAISE, The Agentic AI Design Exchange will use proven methodology and a human-centred design approach to help cohort teams identify a real community need and develop an AI agent to address it. Teams will build fairness, accountability and human oversight into their designs from the start. Select designs will then be added to an open, Creative Commons-licensed library, giving other nonprofits the opportunity to learn from and build on the work.

The Agentic AI Design Exchange comes at a critical time for the nonprofit community in Canada and other nations. According to a recent Global AI Pulse survey from KPMG, the use of AI in the private sector has evolved far beyond question-answer interactions, with nearly six in ten large organizations currently deploying or scaling AI agents. Furthermore, a 2026 Imagine Canada and CCNDR benchmark points to limited use of AI amongst Canadian nonprofits. It shows that only 20 per cent of these organizations are using AI for more than three activities and most Canadian nonprofits have no formal AI policy. The nonprofit sector has yet to figure out how to safely and responsibly leverage AI agents to amplify social impact.

“Canada’s nonprofits are under significant strain, being asked to do more than ever, and funding alone isn’t enough,” said Andrea Barrack, SVP of Sustainability & Impact, RBC. “Through the RBC Stronger Nonprofits Program, we’re helping organizations build the capacity, skills and confidence needed to embrace new AI tools responsibly so they can spend more time and resources creating impact in their communities.”

With support from HFF and RBC, nonprofits in Canada will have access to a new resource for accelerating the benefits of AI for employees, volunteers and the communities they serve.

The first cohort of nonprofits supported by the Agentic AI Design Exchange are scheduled to begin in the fall of 2026. Learn more at https://humanfeedback.io/.

About the Human Feedback Foundation: The Human Feedback Foundation is a federally incorporated Canadian nonprofit and a member of the Linux Foundation AI & Data. It helps nonprofits adopt AI responsibly and builds a public commons for AI governance. Its RAISE (Responsible AI for Social Impact) initiative now spans an accelerator with the Creative Destruction Lab, the Agentic AI Design Exchange, and AI literacy training with The Dais. HFF also founded and runs AI Tinkerers Toronto, a community of 6,000+ AI/ML engineers, builders, and entrepreneurs.

Media contact: Elena Yunusov, Executive Director, Human Feedback Foundation, elena@humanfeedback.io

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

Expansion after just six months demonstrates real ROI with savings up to $8m per ship

Health condition of ship

Komodo and Cantilever showing health condition of flight deck

PITTSBURGH, Oct. 20, 2026 (GLOBE NEWSWIRE) — The U.S. Navy and GSA have quadrupled the ceiling value on Gecko Robotics‘ contract for slashing maintenance delays and improving fleet readiness to $300 million, just six months after an initial $71m IDIQ contract award. This fourfold expansion will accommodate rapid robotic deployment across the Navy and is one of the strongest public endorsements yet of operational AI and robotics in defense, signaling the Pentagon’s confidence that it is a core military capability that is delivering results, not experimental technology.

Gecko’s AI and robotic technology can save the U.S. Navy up to $8 million in repair costs per ship and return vessels to sea quicker by identifying structural issues up to 50 times faster than traditional methods—reducing inspections from months to days.

Central to the expansion is Komodo, a proprietary Gecko robotic technology system. Komodo scans through thick, non-skid deck coatings without stripping or damaging them, giving the Navy the ability to see the health of assets without taking it apart. It produces a full-deck heatmap of corrosion and material thickness, enabling repair teams to pinpoint damage and plan work before a ship enters drydock, which was previously possible only after maintenance had begun.

“The conversation around AI and robotics in defense is no longer about experimental technology. It’s about delivering measurable and impactful returns,” said Jake Loosararian, co-founder and CEO of Gecko Robotics. “With savings of millions of dollars per ship, months of inspections turning into days and warships returning to sea faster, the U.S. Navy is demonstrating to the world how to deploy technology at scale. We’re proud to give our servicemembers the tools they need to stay ahead of emerging threats.”

The ceiling increase comes as the Department of the Navy places greater emphasis on fleet readiness as a national security priority as every additional day a warship spends in maintenance reduces its ability to deter adversaries, respond to crises, and project power around the world. The Chief of Naval Operations has set a target of 80% fleet readiness, which Gecko will have a crucial role in helping to meet.

Gecko’s wall-climbing robots, drones, and fixed-sensors collect an unprecedented amount of data on the health of U.S. Navy ships and submarines, including components, hulls, decks and welds, with AI being used to create accurate models to identify any current and future structural issues, even ones that cannot be seen by the human eye.

About Gecko Robotics
Gecko Robotics combines advanced robotics and AI-powered software to build, operate and modernize the world’s most critical infrastructure.

Using robots that climb, crawl, fly and swim, Gecko is able to collect an unprecedented amount of data on the built world, whether that’s with Fortune 100 companies in energy, oil and gas, and manufacturing sectors around the world, or the U.S. Air Force and U.S. Navy to protect and optimize nuclear submarines and aircraft carriers.

Through our AI-powered platform, Cantilever, Gecko transforms the massive datasets collected by robots into actionable insights that enable data-driven, evidence-based decisions on structures, delivering an ROI for customers.

Media Contact:
Steve Bourner
Steve.Bourner@geckorobotics.com 
+1 347-686-1313

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/8b242ebe-c75a-416e-a448-81db5cd83d66

https://www.globenewswire.com/NewsRoom/AttachmentNg/16697ad8-7d7d-460a-aaa2-712aef1dc44c

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

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

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:

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.

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PUNE, India and DOWNERS GROVE, Ill., Oct. 18, 2026 (GLOBE NEWSWIRE) — Ensono, a leading provider of managed services and technology solutions, has appointed Ayush Mittal as Senior Vice President and Managing Director, India. In his new role, Ayush will be responsible for advancing Ensono’s growth strategy in India, strengthening delivery excellence, expanding strategic capabilities and fostering a high-performance culture to support the company’s clients globally.

With extensive experience in technology services and business transformation, Ayush brings extensive expertise across cloud, infrastructure, applications, data and AI. He has led large global teams, scaled delivery capabilities and driven enterprise transformation initiatives across complex technology environments.

Prior to joining Ensono, Ayush served as Senior Vice President and Services Business Unit Head at Trianz, where he helped clients accelerate AI-led digital transformation. He previously held senior leadership roles at DXC Technology, managing Global Infrastructure Services portfolio and driving large-scale transformation and innovation-led operating models. Earlier, he held leadership positions at Accenture and Wipro, contributing to the growth of global cloud, infrastructure and technology transformation capabilities.

“I am delighted to welcome Ayush Mittal as Managing Director for India. India is a strategically important market for Ensono, and I am confident that Ayush’s leadership, industry experience and technical expertise will strengthen our position in the region. His appointment will help further establish India as a key technology hub for attracting talent and supporting clients globally. I look forward to partnering closely with Ayush as we accelerate our growth agenda and continue building a culture of innovation, collaboration and excellence.,” Jon Clyne, Chief Operating Officer, Ensono

Commenting on his appointment, Ayush Mittal, Senior Vice President and Managing Director, India, Ensono, said, “I am excited to join Ensono at an important stage in its growth journey. India has a critical role to play in enabling our global delivery, technology capabilities and innovation agenda. I look forward to working with our teams, clients and partners to accelerate transformation, strengthen our capabilities and build an organisation that delivers sustained value for our clients.”

Known for his people-first leadership style, Ayush brings a strong focus on talent development, innovation and building future-ready workforce. At Ensono, he will lead the agenda to further strengthen India’s role as a strategic technology, delivery and innovation hub, supporting the company’s global growth priorities for long-term client impact.

About Ensono

Ensono is an expert technology advisor, innovation partner and managed service provider. As a relentless ally, we specialize in helping enterprise clients transform their organization, innovate new and disruptive technologies, and optimize their IT operations to achieve better business outcomes. Our dedicated team works across hybrid environments with services that span consulting, mainframe and application modernization, public cloud migration and cloud-native development. With certified experts in Azure and recognized as Microsoft Datacenter Transformation Partner of the Year, Ensono has over 4,200 associates globally and is headquartered in greater Chicago. In India, the company has presence through offices in Pune, Hyderabad, Chennai, and Bengaluru.

Media Contact:

Molly Leahy, molly.leahy@walkersands.com