New Media QT target signs reseller deals with fileAI

Mr. John Putters reports NEW MEDIA CAPITAL 2.0 INC. ANNOUNCES ASIATEL ENTERS INTO STRATEGIC AGREEMENTS WITH FILEAI Asiatel Outsourcing Ltd., the target company under New Media Capital 2.0 Inc.'s previously announced definitive share exchange agreement dated July 16, 2025 (see news releases of July 18, 2025, and Sept. 22, 2025), has signed reseller agreements with fileAI, a leading provider of enterprise-grade artificial intelligence solutions for document automation, compliance and data management. These agreements significantly expand Asiatel's service portfolio, reinforcing its strategy to position itself as a next-generation, AI-driven BPO (business process outsourcing) provider. New Media chief executive officer John Putters commented: "This partnership exemplifies the kind of strategic growth that will elevate Asiatel's market position as it expands across North America. As a next-generation BPO, Asiatel integrates AI partnerships to deliver innovative, cost-efficient and compliant solutions to clients worldwide." fileAI is an AI platform that automates enterprise workflows with proprietary capabilities. Headquartered in the United States, fileAI has four global offices and supports over 33 enterprise customers and over 1,000 small and medium-sized businesses globally. Built on a partnership-first model, fileAI works closely with system integrators and BPOs to deliver scalable, AI-driven automation solutions. Under the agreements, Asiatel has obtained reseller rights to offer fileAI's enterprise solutions through its operations in the Philippines and Canada. In the Philippines, Asiatel will make fileAI's technology available to a broad range of clients, including its business process outsourcing clients, helping organizations across Asia adopt AI document automation and compliance workflows. In Canada, the agreement allows Asiatel's newly established Vancouver office to provide North American clients with access to fileAI's secure and scalable data management solutions that support regulatory reporting and governance requirements. The reseller agreements with fileAI strengthen Asiatel's service portfolio by incorporating proven AI tools that improve the speed, accuracy and auditability of information handling within regulated industries. This expansion supports Asiatel's goal of delivering more efficient, technology-enabled outsourcing services while meeting the evolving compliance and data management needs of enterprise clients. These agreements reflect Asiatel's continued investment in innovation and its focus on enhancing operational capabilities through advanced technologies and creating new opportunities for growth and revenue and solidify its position as a next-generation BPO integrating artificial intelligence into core operations. Asiatel chief executive officer Jas (Andy) Anand said: "These agreements represent an important step in Asiatel's ongoing transformation into a technology-enabled BPO. By incorporating fileAI's enterprise solutions into our service portfolio, we can deliver greater accuracy, compliance and efficiency to our clients in North America and beyond. The addition of these AI capabilities supports our mission to provide forward-looking outsourcing solutions that meet the needs of today's data-intensive industries." fileAI's enterprise solutions are recognized for: Streamlined compliance workflows -- simplifying complex document documentation, reporting and regulatory processes across highly regulated sectors; Intelligent document automation -- using AI to minimize the time, cost and manual effort associated with audits, filings and recurring documentation; Enterprise-grade security -- applying advanced data protection and access controls trusted by public companies, financial institutions and large enterprises worldwide. fileAI co-founder and chief executive officer Christian Schneider said, "Partnering with Asiatel as a reseller enables fileAI to expand our reach through a trusted reseller relationship." He noted that Asiatel's established presence in business process outsourcing provides a valuable channel for delivering fileAI's secure automation and compliance solutions to clients across North America and Asia. About Asiatel Outsourcing Ltd. Asiatel Outsourcing, through its wholly owned subsidiary, Asia Teleservices Inc. (ATI), is a profitable and fast-scaling business process outsourcing (BPO) provider headquartered in Pasig City, metro Manila, Philippines. Founded in 2006, Asiatel has become a trusted partner to businesses worldwide, delivering tailored outsourcing solutions that improve efficiency, reduce costs and support long-term growth. Asiatel has served more than 100 international clients across Canada, the United States, Australia, the United Kingdom, Singapore and other key markets. The company's capabilities span customer engagement, finance and accounting, IT support, creative services, legal and compliance support, and investor relations. Operating from a Grade A facility with advanced voice, data and IT (information technology) infrastructure, Asiatel employs more than 400 full-time professionals, providing clients with a highly skilled, English-proficient work force. Asiatel is actively expanding its global presence, with new sales offices established in Canada, to serve the North American market. This expansion strengthens its position as a next-generation BPO, integrating advanced AI-driven solutions through strategic partnerships -- including agreements with file.AI -- to co-build industry-specific applications and drive innovation in outsourcing. Significant conditions to closing the qualifying transaction Completion of the qualifying transaction is subject to a number of significant conditions, including, but not limited to, completion of a concurrent financing and consolidation, filing of a prospectus, and, if required by the TSX Venture Exchange, filing of a sponsorship report with the TSX-V. There can be no assurance that the qualifying transaction will be completed as proposed or at all. We seek Safe Harbor.