VANCOUVER, B itish Columbia, July 16, 2026 (GLOBE NEWSWIRE) — SPARC AI I c. (CSE: SPAI; OTCQB: SPAIF; F a kfu t: 5OV0) (“SPARC AI” o the “Compa y”), advises that M Justi Ha ka has esig ed as a No -Executive Di ecto of the Compa y, effective July 16, 2026.
SPARC AI develops softwa e that delive s p ecisio ta get acquisitio a d avigatio fo defe ce d o es a d auto omous systems ope ati g i GPS-de ied e vi o me ts. Softwa e-o ly a d ha dwa e-ag ostic, its passive with o ada , lida , o emissio s that ca be detected o jammed. SPARC AI’s flagship platfo m, Ove watch, p ovides detectio , t acki g, a d multi-d o e coo di atio ac oss the co ected fleet, givi g ope ato s a d comma de s decisive situatio al awa e ess o the mode battlefield.
SPARC AI I c.E-mail: i vesto s@spa cai. etWeb: www.spa cai.coTel: (213) 459-3994
This ews elease co tai s “fo wa d-looki g stateme ts” o “fo wa d-looki g i fo matio ” (collectively, “fo wa d-looki g stateme ts”) withi the mea i g of applicable secu ities legislatio . All stateme ts, othe tha stateme ts of histo ical fact, a e fo wa d-looki g stateme ts a d a e based o expectatio s, estimates a d p ojectio s as of the date of this ews elease.
Fo wa d-looki g stateme ts a e subject to a va iety of k ow a d u k ow isks, u ce tai ties a d othe facto s that could cause actual eve ts o esults to diffe f om those exp essed o implied by fo wa d-looki g stateme ts co tai ed he ei . The e ca be o assu a ce that such stateme ts will p ove to be accu ate, as actual esults a d futu e eve ts could diffe mate ially f om those a ticipated i such stateme ts. Ce tai impo ta t facto s that could cause actual esults, pe fo ma ce o achieveme ts to diffe mate ially f om those i the fo wa d-looki g stateme ts a e highlighted i the “Risks a d U ce tai ties” i the Compa y’s ma ageme t discussio a d a alysis.
Fo wa d-looki g stateme ts a e based upo a umbe of estimates a d assumptio s that, while co side ed easo able by the Compa y at this time, a e i he e tly subject to sig ifica t busi ess, eco omic a d competitive u ce tai ties a d co ti ge cies that may cause the Compa y’s actual fi a cial esults, pe fo ma ce, o achieveme ts to be mate ially diffe e t f om those exp essed o implied he ei . Some of the mate ial facto s o assumptio s used to develop fo wa d-looki g stateme ts i clude, without limitatio : the failu e to complete the Offe i g; elia ce o key ma ageme t a d othe pe so el; pote tial dow tu s i eco omic co ditio s; competitio f om othe s; ma ket facto s, i cludi g futu e dema d p oducts developed by the Compa y; the policies a d actio s of fo eig gove me ts, which could impact the ability of the Compa y to successfully ma ket its p oducts; the Compa y’s expectatio s i co ectio with the developme t of the Ta get Acquisitio System; the effective ess of the Ta get Acquisitio System; cha ges i atio al a d local gove me t legislatio , taxatio , co t ols o egulatio s a d/o cha ges i the admi ist atio o laws, policies a d p actices; the impact of ge e al busi ess a d eco omic co ditio s; cu e cy excha ge ates; a d the impact of i flatio .
The fo wa d-looki g stateme ts co tai ed i this ews elease a e exp essly qualified by this cautio a y stateme t. A y fo wa d-looki g stateme ts a d the assumptio s made with espect the eto a e made as of the date of this ews elease a d, acco di gly, a e subject to cha ge afte such date. The Compa y disclaims a y obligatio to update a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as may be equi ed by applicable secu ities laws. The e ca be o assu a ce that fo wa d-looki g stateme ts will p ove to be accu ate, as actual esults a d futu e eve ts could diffe mate ially f om those a ticipated i such stateme ts. Acco di gly, eade s should ot place u due elia ce o fo wa d-looki g stateme ts.
