PowerBank Corporation Announces Contracts with Intellistake for Full Deployment of AI Agents Following Successful Beta Testing Phase

Executive Summary

• PowerBank Corporation entered into two Phase 1 contracts with Intellistake Technologies to deploy the IntelliScope Enterprise Hub AI agents for both public‑facing communications and internal business intelligence.
• The Year 1 contract value is approximately CA$278,000 (U.S. dollar equivalent) and will be partially funded by issuing 121,723 common shares of PowerBank at a deemed price of $2.29 per share.
• Deployment is expected to accelerate site selection, permitting, grant eligibility analysis, and overall project development efficiency for PowerBank’s solar and battery storage portfolio in the United States.

Key Details

• Contracts Signed: February 4 2026 (two separate Phase 1 build‑and‑deployment agreements).
• Scope of Work:
• Public‑Facing AI Communications Agent – secure, natural‑language interface on PowerBank’s website for external disclosures and inquiry handling; includes analytics reporting on engagement patterns.
• IntelliScope Internal Business Intelligence Platform – multi‑agent framework supporting internal workflows, initially focused on U.S. renewable energy development (site identification, regulatory & grant analysis, sentiment tracking).
• Contract Value: Approx. CA$278,000 for Year 1 (includes implementation and subscription services; option to extend into a multi‑year subscription).
• Consideration / Funding: Settlement via issuance of 121,723 PowerBank common shares at a deemed price of $2.29 per share, subject to stock exchange approval.
• Beta Testing Background: Closed beta conducted from November 2025 – March 2026; evaluated AI performance across site assessment, permitting analysis, grant navigation, and pipeline acceleration.
• Operational Impact: Expected to improve decision‑making speed, data integration, and regulatory compliance for PowerBank’s solar & BESS project development activities.
• Future Plans: Potential expansion of IntelliScope capabilities to additional business functions and development stages as the AI agents are refined through operational use.

Notable Quotes

• Dr. Richard Lu, CEO – PowerBank Corporation: “The closed beta demonstrated how these systems can support clearer and more informed decision‑making across our business. These contracts allow us to move forward with deployment, and we’re looking forward to seeing how these tools are applied across both our external communications and internal operations.”
• Jason Dussault, CEO – Intellistake Technologies: “This marks a meaningful step forward for the Company as we continue to execute on one of our core business pillars.”