Mr. Kyle Hall reports

INEO TECH CORP. REPORTS RECORD QUARTERLY REVENUE FOR FISCAL Q3 FY2026

Ineo Tech Corp. has released its financial results for the three months ended March 31, 2026. The company's unaudited interim condensed consolidated financial statements and management discussion and analysis have been filed and are available under the company's profile on SEDAR+.

Record quarterly revenue

For the quarter, Ineo reported revenue of $586,589, which represents the highest quarterly revenue in the company's history. The revenue for the company's previous year's quarter was $456,001 (fiscal Q3 2025), making the current quarter an increase of $130,588, or 28.6 per cent.

Backlog and current quarter shipments

As previously announced in the company's April 28, 2026, news release, as of that date, the company had confirmed orders for more than 425 systems pending production or delivery. The company continues to execute against this order backlog and is shipping systems during the current quarter. Revenue recognition is expected to occur as systems are shipped in accordance with customer requirements.

The company will host an investor webinar, "Ineo Investor Update: Q3 Results and Strategic Outlook," on Thursday, May 28, 2026, at 10 a.m. Pacific Time.

During the webinar, Ineo management will review the company's Q3 financial results, provide an update on recent operational progress and discuss the company's strategic priorities as it continues to scale its connected loss prevention, digital media and retail technology platform.

Webinar details

Title:  Ineo investor update: Q3 results and strategic outlook

Date:  Thursday, May 28, 2026

Time:  10 a.m. Pacific Time

Investors and interested stakeholders are encouraged to register on-line in advance.

About Ineo Tech Corp.

Ineo Tech builds technology at the intersection of in-store retail media and loss prevention. Ineo's patented integration of electronic article surveillance (EAS) pedestals with digital displays helps retailers reduce theft while generating incremental retail media revenue from the same footprint. Ineo is headquartered in Surrey, B.C., Canada, and is publicly traded on the TSX Venture Exchange (symbol: INEO) and the OTCQB (symbol: INEOF).

We seek Safe Harbor.