Vancouver, British Columbia, Nov. 10, 2026 (GLOBE NEWSWIRE) -- SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a pioneer in autonomous AI sales technology, today provided a commercial update recapping six months of execution from late April through October 2026, consolidating previously announced milestones into a single view of the momentum built since the Company’s TSX Venture Exchange listing in April 2026.

Highlights (financial figures as reported in the Company’s August 28, 2026 third quarter results):

• Revenue of $1.13 million for the nine months ended June 30, 2026, up 235% from $0.34 million in the prior-year period
• Four U.S. patents granted and a fifth allowed
• Ten major product launches completed in six months
• Enterprise deployments across insurance, hospitality, social media and software
• Customers operating in at least eight countries
• Gross margin increased to 72.6% for the nine months ended June 30, 2026 (compared with 59.5% in the prior-year period)
• Cash of $3.8 million as at June 30, 2026, with no long-term debt

As announced in the Company’s August 28, 2026 third quarter results, revenue was $1,129,858 for the nine-month period ended June 30, 2026, an increase of 235% from $337,305 for the nine months ended June 30, 2025, with gross margin of 72.6% compared with 59.5% in the prior-year period. Cash was $3,778,297 at June 30, 2026, and the Company had no long-term debt as at that date. Revenue is diversifying geographically: for the nine-month period, 46% came from the United States, 17% from Canada, 7% from the United Kingdom and 30% from other markets, with more than one-third of revenue now generated outside North America. SalesCloser currently serves customers in at least eight countries, including the United States, Canada, Mexico, the United Kingdom, Australia, New Zealand, Spain and the Netherlands.

Customer adoption expanded during the six-month period from late April through October 2026, with deployments spanning insurance, hospitality, social media and software sectors. The Company secured engagements with enterprise organizations including a Latin American division of a top-ten global life insurer, a 270-room beachfront resort in North America and a top-five global social media platform. Named partners include Twilio to accelerate customer deployments, Xennox Solutions in the wellness, spa and resort sectors, and Tendril for autonomous AI engagement paired with human-assisted outbound dialing.

Product innovation translated directly into commercial expansion, with SalesCloser launching ten major platform enhancements during the six-month period designed to increase deployment flexibility, expand addressable markets and improve customer acquisition effectiveness. The Company deployed a dedicated GPU inference cluster on NVIDIA Blackwell-class hardware in Canada, running on a renewable hydroelectric grid, and introduced a self-serve multimodal AI website agent supporting more than 50 languages. Over the summer, the Company added a native HubSpot connector in June, handling of Apple iOS and Google Pixel call screening on outbound calls in June and July, live human takeover of AI calls in August and multi-party calls in September. In October, the Company launched Sky, which lets businesses build a live AI sales agent in minutes by talking to it, and added WhatsApp as a native channel so its AI sales agents can answer leads in seconds. The same month, SalesCloser introduced warm transfer to a teammate and launched its Model Context Protocol (MCP) server. Now listed in the official MCP Registry, the server lets AI assistants such as ChatGPT and Claude connect securely and work directly with SalesCloser’s agents, leads and conversations. The Company also launched a Spanish-language website and internationalized the SalesCloser platform, starting with English and Spanish, so businesses can use SalesCloser in their own language.

The Company also continued to strengthen its intellectual property. The Company’s U.S. patent portfolio now comprises thirteen applications: four granted patents, one allowed application and eight pending applications. The four grants were issued between January 13 and September 29, 2026, covering graph-based conversational-flow editing, adaptive voicemail and interactive voice response (IVR) detection, and memory management for appointment scheduling. A continuation of the adaptive voicemail and IVR detection filing received a Notice of Allowance and, if it issues, would become the Company’s fifth granted U.S. patent. Two applications filed in 2026 cover capabilities already live in the platform: hybrid session management across text, voice and avatar channels, and dynamic multi-agent participation in live calls.

“Six months ago we were largely a single-product story,” said Ali Tajskandar, Chief Executive Officer of SalesCloser. “Since then, we’ve secured four U.S. patents with a fifth allowed, added customer engagements across insurance, hospitality, social media and software, delivered ten product launches, and expanded revenue to at least eight countries. We believe that breadth sets the foundation for continued growth.”

About SalesCloser
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 lifecycle. 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 is designed to help organizations increase capacity, accelerate pipeline velocity, and improve conversion rates without a corresponding increase in headcount. The platform integrates with existing CRM and business systems, supports multilingual deployment, and is intended to deliver consistent customer interactions across industries. SalesCloser operates under a subscription-based SaaS model, generating recurring revenue, while continuing to develop its AI capabilities. The Company’s technology is supported by a growing portfolio of patents and 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”, on the OTCQB Venture Market under the ticker “SCTLF”, and on the Frankfurt Stock Exchange under the ticker “MJ5”. For more information, visit the SalesCloser investor site at: https://investors.salescloser.ai

Corporate Contact
Jacky He, Chief Financial Officer
Email: investors@salescloser.ai
Phone: 778-655-4329

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
SCAI@arxhq.com

Forward-Looking Statements
Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about: the commercial update and the anticipated benefits of the Company’s intellectual property portfolio, including the potential issuance of the allowed application and the pending patent applications; the expected adoption and benefits of the Company’s product launches, including Sky, the self-serve multimodal AI website agent and the WhatsApp channel; customer adoption, engagement, retention and expansion across industry verticals and geographies; the Company’s ability to expand its international footprint and the geographic diversification of its revenue; revenue growth and recurring SaaS revenue and expectations regarding future financial performance; technology development initiatives; commercial expansion and go-to-market strategies; future profitability; business opportunities, objectives, and prospects; and future events and performance. Sentences containing words such as “expect”, “anticipate”, “plan”, “continue”, “estimate”, “intend”, “may”, “will”, “project”, “predict”, “potential”, “is designed to”, “strategy”, “should”, “believe”, “contemplate” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on material assumptions, including that the Company’s products and features will perform as designed and achieve commercial adoption, continued demand for conversational AI, the Company’s ability to attract and retain customers and platform partners, the continued availability of third-party platforms and cloud infrastructure, and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and based on current market trends and analysis of management, such statements are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to: risks that the Company’s products or features do not perform as expected, experience technical difficulties, or fail to achieve commercial adoption; risks associated with delays in the development or rollout of new products and features; risks that the Company’s pending or allowed patent applications do not result in issued patents, and that third parties develop competing technology or assert intellectual property infringement; risks relating to the Company’s dependence on any single customer or group of customers; risks associated with the Company’s international expansion, including foreign currency, regulatory and operational risks; risks that the Company does not achieve its revenue growth, gross margin or other objectives; changes to customer preferences and demand for conversational AI; competition from larger technology companies or other conversational AI providers; reliance on third-party service providers, cloud infrastructure, and software platforms; changes to the Company’s revenue and profitability; data security, privacy, and regulatory compliance risks; economic uncertainty, inflation, interest rate fluctuations, and recessionary risks; and the additional risk factors discussed in the continuous disclosure materials of the Company available under its profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update or revise them, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.