08:10:17 EDT Sat 02 May 2026
Enter Symbol
or Name
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Salescloser Technologies Ltd
Symbol SCAI
Shares Issued 35,956,228
Close 2026-05-01 C$ 1.20
Market Cap C$ 43,147,474
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Salescloser receives U.S. patent

2026-05-01 20:16 ET - News Release

Mr. Adrian Lim reports

SALESCLOSER SECURES U.S. PATENT FOR AI-POWERED CONVERSATIONAL WORKFLOW TECHNOLOGY

The U.S. Patent and Trademark Office has granted the U.S. patent No. US12526253B1 for Salescloser Technologies Ltd.'s "System and Method for Graph-Based Conversational-Flow Editing" technology. The patent, which protects the company's foundational approach to democratizing artificial intelligence agent creation, represents formal recognition of Salescloser's unique innovation in making sophisticated conversational AI accessible to non-technical business users.

The granted patent covers technology that is already fully deployed and generating revenue within the Salescloser platform, protecting a core differentiator that allows sales teams to design and manage AI-powered sales workflows through an intuitive, conversational interface. Unlike traditional approaches that require coding expertise or complex technical knowledge, Salescloser's patented system enables users to interact naturally with an embedded AI assistant that translates their business requirements into sophisticated conversational agents in real time, complete with visual workflow rendering, context-aware generation from uploaded documents, and built-in testing and simulation capabilities.

"This patent grant is a significant validation of the innovation at the heart of our platform," said Ali Tajskandar, chief executive officer of Salescloser Technologies. "We recognized early on that the real barrier to AI adoption was not the underlying technology -- it was accessibility. We built a system that puts the power of AI directly in the hands of sales professionals. This patent protects that core innovation and recognizes that our approach represents a genuinely novel and non-obvious technology."

This granted patent is the first of multiple patent applications in Salescloser's growing intellectual property portfolio, which currently includes nine U.S. patent applications covering fundamental challenges in conversational AI -- from real-time state management and autonomous human escalation to self-testing systems and advanced telephony features. The company's intellectual property strategy deliberately focuses on protecting execution infrastructure rather than abstract concepts, with each patent addressing specific technical problems that Salescloser's engineering team solved while building a platform capable of handling thousands of simultaneous customer conversations with natural language fluency and seamless hand-off capabilities. This approach creates practical barriers to entry for competitors, as the patents protect not just ideas but the actual systems required to make conversational AI work reliably in production environments.

Issuance of common shares to consultant

Further to the company's news release dated March 31, 2026, in which the company disclosed its consulting agreement with Green Times Consulting Ltd. dated April 1, 2026, the company announces that it has issued an aggregate of 144,257 common shares to Green Times, including GST. The payment shares were issued at a price of $1.018 per share. The payment shares were issued as payment for the first tranche of consulting services provided to the company for the period from April 1 to April 30, 2026, pursuant to the consulting agreement. The payment shares issued are subject to a four-month resale hold period from the date of issuance. Green Times is an arm's-length party to the company and its affiliates.

About Salescloser Technologies Ltd.

Salescloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. The company's platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales life cycle. Salescloser's agents conduct real-time, personalized interactions across voice, video and digital channels, including lead qualification, product demonstrations, follow-ups and meeting scheduling. By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity and improve conversion rates without a corresponding increase in head count. The platform integrates with existing CRM and business systems, supports multilingual deployment, and delivers consistent, high-quality customer interactions across industries. Salescloser operates under a subscription-based software-as-a-service model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. The company's technology is supported by a growing portfolio of patent applications focused on improving the performance of AI-driven conversational workflows. Salescloser.ai is listed on the TSX Venture Exchange under the ticker SCAI.

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