New York, NY May 28, 2026 International Star Inc. (OTC: ILST) (“International Star,” “ILST,” or the “Company”) today provided a corporate update on the continued execution of its previously announced strategic pivot toward AI solutions for small businesses.
As part of this strategy, the Company is currently developing three projects across multiple commercial verticals and use cases. One of these projects is expected to serve as the basis for a commercial agreement currently being drafted with an established education company (the “Education Counterparty”).
The Company views this update as the beginning of an ongoing communications cadence with shareholders and the broader market. As its development projects, contemplated commercial agreement, and additional initiatives continue to advance, ILST expects to issue further updates regarding material developments.
Projects in Development Under the AI Strategy
As ILST continues executing its AI-focused strategic pivot, the Company is developing projects across education technology, property management, and minimum viable product (“MVP”) development for organizations seeking to transition their operations toward AI.
These projects are intended to help organizations harness proprietary data and translate that data into useful, deployable products for their respective markets and end users. The projects remain at various stages of development and are subject to refinement based on market feedback, available resources, counterparty engagement, and commercial viability.
At this time, the Company has elected not to identify the individual projects or counterparties. ILST intends to provide additional disclosure regarding specific projects as they reach appropriate milestones.
Commercial Agreement Being Drafted with Education Company
The Company is currently drafting a commercial agreement with the Education Counterparty. Under the contemplated agreement, the Company’s EdTech project is expected to be deployed for the benefit of the Education Counterparty’s business.
The Company believes the contemplated relationship, if finalized, could serve as an initial commercial validation of its broader AI strategy and provide a framework for potential future deployments in the education sector.
The contemplated commercial agreement remains in draft form and is subject to the negotiation and execution of definitive terms by the parties, completion of customary due diligence, and satisfaction of other conditions customary for commercial transactions of this nature.
The Company intends to disclose additional details regarding the Education Counterparty, the specific project being deployed, and the terms of the commercial relationship at such time as a definitive agreement is executed or other material developments warrant additional disclosure.
Ongoing Communications with the Market
ILST intends to continue providing updates to the market as developments warrant. Management’s objective is to maintain a transparent and regular flow of information regarding the progress of the Company’s development projects, the status of the contemplated commercial agreement with the Education Counterparty, and any additional initiatives the Company may add to its pipeline.
Shareholders and prospective investors are encouraged to monitor ILST’s OTC Markets disclosure profile and corporate communications channels for forthcoming updates.
The Company also reports that its agreement with FRYDAY LLC and its partners has been terminated. ILST is evaluating available options with respect to the collection of amounts it believes may be owed and the enforcement of applicable contractual rights, including rights related to non-compete obligations, in connection with litigation proceedings in Delaware.
About International Star Inc.
International Star Inc. (OTC: ILST) is a publicly reporting company executing a strategic pivot toward AI solutions for small businesses. The Company is developing a portfolio of AI-driven projects intended to be commercialized through a combination of direct service offerings, licensing arrangements, and strategic partnerships with counterparties whose businesses the Company believes may benefit from those projects.
For more information, please visit www.ilstinc.com.
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International Star Inc.
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Website: www.ilstinc.com
Forward-Looking Statements:
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
