HYDAWAY DIGITAL EXPANDS OPERATIONS WITH NEW NORTH VANCOUVER FACILITY AND PROPRIETARY GPU RENTAL PORTAL EQUIPMENT; SETS INCENTIVE OPTIONS

Executive Summary

• Hydaway Digital opened a new GPU‑rental facility in North Vancouver, increasing its GPU inventory by >200% to over 1,400 TFLOPS of FP32 compute power.
• The company announced development of a proprietary private GPU rental portal to offer on‑demand high‑performance computing to AI, ML, rendering and simulation customers.
• A grant of 1,500,000 stock options was issued to officers, directors and consultants at an exercise price of $0.15 per share, exercisable over five years.

Key Details

• Facility Relocation: Moved from Kelowna R&D site to a new North Vancouver location as part of the qualifying transaction disclosed on March 14 2025.
• GPU Capacity Increase: Total number of GPUs up >200%; computing power now exceeds 1,400 TFLOPS (FP32).
• Private GPU Rental Portal:
• Designed for scalable, on‑demand access to high‑performance GPUs.
• Target users range from individual developers to enterprise‑scale projects.
• Seamless user interface and infrastructure capable of handling varied workload sizes.
• Third‑Party Service Provider Sourcing: Company is actively sourcing partners for portal development; further updates expected in coming weeks.
• Equity Incentive Grant:
• 1,500,000 stock options granted to officers, directors, and consultants.
• Exercise price: $0.15 per share.
• Vesting period: up to five years from grant date (vesting provisions may apply).

Notable Quotes

• “Establishing a physical presence in North Vancouver gives us a strong foundation to expand both operational capacity and technical resources,” – Chris Vassos, CTO, Hydaway Digital.
• “Our new GPU rental portal represents a major step toward providing businesses and developers with direct, reliable access to high‑performance computing, without the barriers of traditional cloud platforms.” – Chris Vassos, CTO, Hydaway Digital.