Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction

About this update from Legend Power Systems Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, today announced multiple orders representing 12 SmartGATE™ systems during the quarter. The orders follow implementation of the Company's enhanced three-pronged strategy intended to address customer evaluation of the broader financial impact of power conditions on commercial buildings. The orders announced include opportunities across multiple sales channels, including government expansion opportunities, reseller-driven sales channels, and existing customer expansion projects. One of the existing customer expansion opportunities had previously been paused and was subsequently reactivated following customer review of the Company's Capital Infrastructure Risk Assessment ("CIRA") framework and additional operating analysis prepared by the Company. The orders represent approximately CAD $1.3 million in aggregate contract value (with a 45% gross margin) and consist of signed purchase orders and customer commitments received during the quarter. The orders include a combination of government-related expansion projects, reseller channel sales, and existing customer expansion opportunities. Delivery timing is expected to occur over the current and upcoming quarters. "We recognized that the market needed a clearer way to quantify the broader financial impact of operating voltage conditions beyond energy savings alone," said Mike Cioce, Vice President of Sales and Marketing for Legend Power Systems. "We believe the progress we have made refining our value proposition, incorporating third-party infrastructure data, and analyzing real-world SmartGATE operating results is helping customers better evaluate the relationship between operating conditions, infrastructure risk, and long-term building performance." Over the past several quarters, the Company identified that while prospective customers generally accepted that poor power quality negatively impacts building performance, many struggled to quantify the broader financial implications beyond traditional energy savings metrics alone. In response, Legend Power implemented a focused strategy intended to more clearly quantify and communicate SmartGATE's ...

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