Zedcor Inc. Announces First Half 2026 Operations Update and Appointment to the Board of Directors

Executive Summary

• Zedcor Inc. reported a record first quarter with revenue of $19.4 million, representing a 69% year-over-year increase, and provided a first-half operations update highlighting significant growth in its U.S. expansion and technology platform.
• The Company surpassed 1,000 total customers, adding approximately 500 U.S. customers since entering the market in 2024, while maintaining growth in Canada.
• Operational metrics include the full deployment of DirectToDispatch™ (DTD) and the launch of the License Plate Recognition (LPR) platform, resulting in over 3,200 deterred crimes and over 160 arrests facilitated through Live, Verified Video Monitoring™.

Key Details

• Financial Performance: First quarter revenue reached $19.4 million, up 69% year-over-year.
• Customer Growth: Total customer base surpassed 1,000; approximately 500 new U.S. customers added since 2024 entry.
• U.S. Fleet Expansion: Exited Q1 2026 with 1,878 MobileyeZ™ towers deployed in the U.S., a 233% year-over-year growth. Two additional U.S. service locations opened in Q2.
• Technology Deployments:
  • Full deployment of DirectToDispatch™ (DTD) across all monitoring center operations, enhancing law enforcement responsiveness.
  • Launch of License Plate Recognition (LPR) platform to enable proactive operations.
• Operational Outcomes: Over 3,200 deterred crimes and over 160 arrests facilitated during the first half of 2026.
• Key Contracts & Verticals:
  • Energy/Utilities: Providing security towers for data center development for leading construction firms.
  • Construction: Awarded a purchase order by a top-five U.S. construction firm for a coal-to-natural gas electricity plant conversion; currently deploying over 15 units on a project expected to span six or more years.
  • Logistics/Retail: Expanded presence with leading national logistics carriers and a leading global commercial real estate services firm; provided towers for a major retailer's warehouse renovation in Ottawa.
• Canadian Operations: Achieved highest daily revenues on record in June 2026, exceeding internal estimates.

Notable Quotes

• Todd Ziniuk, President and CEO: "The first half of 2026 reflects the continued execution of our team across every part of the business. We surpassed 1,000 customers, brought powerful new technology online in our monitoring centers, and kept winning business in energy, logistics, and commercial real estate across North America. The physical commercial security space is ripe for disruption, and we believe our solution is still in the early phases of penetrating a large total addressable market."
• Wade Felesky, Chairman of the Board: "It's with great pleasure that we welcome Mike Chan to team Zedcor. His outstanding career on the buy side will provide invaluable insight and experience to both our Board of Directors and our management team."