NameSilo Technologies Corp. Closes Strategic Acquisition of Reach Systems

CSE: URL / OTC: URLOFNameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company", or "NameSilo"), is pleased to announce that it has closed its acquisition of Reach Systems, Inc. ("Reach") pursuant to the terms of a definitive share purchase agreement dated February 5, 2026 (the "Share Purchase Agreement") between the Company, Reach and the shareholders of Reach. Reach is a profitable Canadian engineering and manufacturing company specializing in remote inspection robotics tether and cable management systems, and subsea harsh-environment camera and winch solutions.Reach has operated profitably for several consecutive years and maintains established customer relationships across industrial, energy, marine, defense, and infrastructure markets. The company designs and manufacturers mission-critical robotic deployment and inspection systems used in complex and harsh operating environments, where demand for remote inspection systems continue to increase.The acquisition is immediately strategic alongside SewerVUE Technologies ("SeverVUE") (acquired by NameSilo in Sept 2025). Reach has been a key supplier to SewerVUE, including certain long-lead components integral to system builds. Through vertical integration, the Company expects to improve supply chain control, reduce production lead times, and lower system build costs, enhancing overall margin profile and operational efficiency. The combined platform enables delivery of fully integrated multi-sensor robotic inspection solutions.Reach's CEO Colin Dobell brings over 25 years of industry experience and a proven track record in robotics. He previously owned and scaled Inuktun Services Ltd., which was acquired by Eddyfi Technologies which recently entered into an agreement to be sold to ESAB Corporation (which has acquisition terms of CAD $2 Billion, Feb 2026). His deep industry relationships and experience building and exiting robotics businesses position the combined company to pursue additional growth and consolidation opportunities within the industrial robotics sector.Management believes the timing is compelling. Customer demand for robotic and autonomous inspection solutions continues to accelerate across critical infrastructure and industrial markets. With profitable operations, complementary product suites, and expanded customer access, Reach forms a core building block in NameSilo's strategy to assemble a scalable, vertically integrated industrial robotics and inspection platform."This acquisition brings together two highly complementary engineering businesses with aligned products and customers," said Paul Andreola, Chief Executive Officer of NameSilo. "Reach has been a key supplier to SewerVUE, and integrating the companies enhances vertical integration, improves cost structure, and strengthens margin potential. Together, we are positioned to deliver fully integrated robotic inspection solutions into growing infrastructure and industrial markets, and we intend to allocate capital toward scaling this platform and pursuing complementary opportunities that build long-term shareholder value."Terms of the TransactionUnder the terms of the Share Purchase Agreement, the Company acquired all of the issued and outstanding shares of Reach and, in consideration of which, the Company paid a total purchase price of $4,500,000 as follows: (a) the issuance of 1,939,168 common shares at a price of $1.7335 per share for a total value of $3,361,547; (b) the payment of $978,699 and (c) the repayment of outstanding shareholder loans of $159,753. The Company's shares issued as consideration are subject to a hold period of four months and one day from the date of issuance.The purchase price of the transaction was determined by arm's-length negotiations of the parties. None of the insiders of NameSilo have a relationship with the insiders of Reach. The Company also paid a finder's fee of $90,000 through the issuance of 51,918 common shares of the Company at a price of $1.7335.www.namesilo.com

NameSilo Technologies Corp. Closes Strategic Acquisition of Reach Systems

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