Logipix International Corp. Closes Transaction Acquiring Logipix Kft. in Hungary

Richmond, Virginia and Budapest, Hungary – Logipix International Corp. (OTC: LPIX) (“Logipix International” or the “Company”), a provider of Logipix ultra-high-resolution panoramic imaging and video analytics solutions, today announced it has completed the acquisition of its manufacturing partner Logipix Kft., a Hungary-based developer and manufacturer of advanced ultra-high-resolution panoramic imaging systems and integrated AI surveillance solutions.

The transaction is positioned to strengthen Logipix International’s end-to-end capabilities by unifying product R&D, manufacturing, marketing, and global commercialization under a single corporate structure. Following the closing, Logipix Kft. will operate as a wholly owned subsidiary of Logipix International. The acquisition is expected to enhance the Company’s ability to serve complex airport airside, seaport, border-security, and military programs with unified management of business development, delivery, and support functions.

Transaction Details

Logipix International acquired Logipix Kft. for total consideration of $40 million, comprised of 30,000,000 shares of LPIX common stock and $10 million in seller promissory notes. The closing occurred following satisfaction of customary closing conditions, including receipt of required regulatory approvals where applicable.

About Logipix International Corp.

Logipix International Corp. (OTC: LPIX) is a provider of ultra-high-resolution panoramic imaging and video analytics. The Company’s integrated solutions deliver wide-area situational awareness, AI-powered detection and tracking, and real-time operational insights for critical commercial and military infrastructure, airport airside operations, seaports, and international borders.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are generally identified by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," and similar expressions, or by statements that events or trends "may," "will," or "could" occur. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Key risks include, but are not limited to: integration risks, currency fluctuations, supply-chain disruptions, changes in airport/seaport/military procurement budgets, and geopolitical events affecting Hungary or U.S.–Hungary trade. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. Logipix undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.