Palomino Laboratories Common Stock Commences Trading on the OTCQB VENTURE MARKET

GOLETA, Calif., July 13, 2026 (GLOBE NEWSWIRE) — Palomi o Labo ato ies, I c. (OTCQB: PALX) (“Palomi o” o the “Compa y”), a i ovato i optical i te co ect tech ologies desig ed to add ess the apidly i c easi g ba dwidth a d e e gy-efficie cy equi eme ts of a tificial i tellige ce (AI), high-pe fo ma ce computi g (HPC), a d ext-ge e atio data ce te s, today a ou ced that its commo stock has begu t adi g o the OTCQB Ve tu e Ma ket u de the ticke symbol “PALX.” The Compa y’s sha es a e also DTC eligible, e abli g elect o ic clea i g a d settleme t th ough the Deposito y T ust Compa y.

The comme ceme t of t adi g o the OTCQB ep ese ts a impo ta t milesto e i Palomi o’s evolutio as a public compa y, i c easi g the Compa y’s visibility withi the i vestme t commu ity while suppo ti g its lo g-te m st ategy to execute its comme cializatio oadmap a d pu sue a futu e listi g o a atio al secu ities excha ge.

Jeff ey B. Shealy, Co-fou de & CEO of Palomi o Labo ato ies I c., said, “The t adi g of ou commo stock u de the PALX ticke ma ks a exciti g milesto e fo ou Compa y a d ou sha eholde s. As a tificial i tellige ce co ti ues to d ive u p ecede ted dema d fo faste , lowe -powe a d mo e scalable i te co ect tech ologies, we believe Palomi o is well positio ed to help add ess the ext ge e atio of etwo ki g challe ges.” M . Shealy co ti ued, “This milesto e p ovides i c eased visibility withi the capital ma kets while we emai focused o adva ci g ou tech ology, st e gthe i g st ategic pa t e ships, a d executi g ou lo g-te m g owth st ategy.”

Palomi o Labo ato ies is developi g adva ced optical i te co ect tech ologies i te ded to imp ove ba dwidth, educe late cy, a d sig ifica tly lowe powe co sumptio fo AI i f ast uctu e, e te p ise etwo ki g, a d high-pe fo ma ce computi g applicatio s. The Compa y believes the co ti ued mig atio towa d AI-d ive computi g a chitectu es p ese ts a substa tial oppo tu ity fo i ovative optical co ectivity solutio s.

T adi g o the OTCQB p ovides i vesto s with g eate accessibility to the Compa y’s sha es while suppo ti g Palomi o’s o goi g effo ts to expa d custome e gageme t, st ategic elatio ships, a d comme cializatio i itiatives.

About Palomi o Labo ato iesPalomi o is a data commu icatio s tech ology compa y headqua te ed i Goleta, Califo ia, focused o developi g adva ced optical i te co ect solutio s fo a tificial i tellige ce, high-pe fo ma ce computi g, e te p ise etwo ki g, a d ext-ge e atio data ce te applicatio s. The Compa y is developi g a way to move data faste a d mo e efficie tly usi g light f om mic oLEDs i stead of t aditio al coppe wi es. Its tech ology is built a ou d Gallium Nit ide (GaN) mic oLEDs – ti y light beams that ca se d data eliably a d at high speeds while usi g much less e e gy. This is especially impo ta t fo big, powe -hu g y systems like a tificial i tellige ce “AI” se ve s, cloud computi g platfo ms, a d supe compute s.

Fo mo e i fo matio , please visit www.palomi olabs.ai.

Fo wa d-Looki g Stateme tsThis elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995 a d othe stateme ts that a e p edictive i atu e, that depe d upo o efe to futu e eve ts o co ditio s. All stateme ts othe tha stateme ts of histo ical fact a e stateme ts that could be fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts i clude wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “could,” “believes,” “estimates” a d simila exp essio s. These stateme ts i volve k ow a d u k ow isks, u ce tai ties a d othe facto s which may cause actual esults to be mate ially diffe e t f om a y futu e esults exp essed o implied by the fo wa d-looki g stateme ts Fo wa d-looki g stateme ts a e subject to a umbe of isks a d u ce tai ties, i cludi g, but ot limited to, the facto s listed u de “Risk Facto s” i the Compa y’s fili gs with the SEC, i cludi g Fo ms 10-K, 10-Q a d 8-K. I vesto s a e cautio ed ot to place u due elia ce o such fo wa d-looki g stateme ts, which speak o ly as of the date of this elease. Except as may be equi ed by law, the Compa y does ot u de take a y obligatio to elease publicly a y evisio s to such fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces afte the date he eof o to eflect the occu e ce of u a ticipated eve ts.

Fo fu the i fo matio Palomi o Labo ato ies I c.Jeff ey B. Shealy, CEOEmail: IR@palomi olabs.ai