(via TheNewswire)

CALGARY, AB — May 28, 2026  — TheNewswire - PreAxia Health Care Payment Systems Inc. (OTC: PAXH) ("PreAxia" or the "Company") today announced the soft launch of Zane, an innovative personal finance management mobile platform developed under Zane Inc., a wholly owned subsidiary of PreAxia. Phase 1 of the platform is scheduled to commence in June 2026 via an invite-only iOS release to a limited group of early adopters.

Sign up for updates at  zanemoney.com .

Phase 1  introduces Zane’s core financial services through a proprietary AI-assisted, chat-based experience designed to simplify everyday money management. Features include:

• Instant account opening directly in-app. 

• Physical, digital, and virtual prepaid Visa payment cards. 

• Online and in-store payments where Visa is accepted. 

• Fund transfers and money movement between users and to external accounts. 

• Access to a network of more than 36,000 ATMs across Canada. 

• A single aggregated view of all external bank accounts, cards, and balances via Yodlee. 

• Intelligent proprietary transaction categorization and spending insights. 

• Conversational AI assistance for everyday financial questions and tasks 

A general availability release for Android is also tentatively planned for Q3 2026, alongside continued iOS expansion.

"One of the significant challenges facing consumers today is financial literacy and security," said Pavel Bondarev, Chief Executive Officer of Zane Inc. We are building Zane to help them build and grow quickly their emergency funds and take better control of their financial lives through a simplified, intelligent experience that increases financial awareness and education. Our soft launch is a foundational step, and future features will be developed based on user feedback and regulatory requirements."

Zane is launching in Canada with plans to expand into the United States beginning in 2027. The platform’s ecosystem includes partnerships and integrations with Digital Commerce Bank (via Pateno Payments Inc.), Visa, and Yodlee. Zane is registered with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act  (RPAA) and as a Money Services Business with FINTRAC.1  

Market Opportunity  Zane is being built for those searching for better ways to save, invest and manage their finances. By integrating outstanding user experience, embedded finance, conversational AI, and intelligent decisioning tools, the mobile platform establishes a sustainable ecosystem that prioritizes the user's financial well-being, supported by diverse revenue streams such as interchange, premium enhancements, and future licensing.

About Zane Inc.  Zane Inc. is a Calgary-based fintech and wholly-owned subsidiary of PreAxia with the mission of developing a personal financial platform that works to help its customers build emergency funds, manage spending, provide investment opportunities and improve their financial future by combining essential payment services with AI-driven insights.

PreAxia Health Care Payment Systems Inc. (OTC: PAXH) is a development-stage technology company headquartered in Calgary, Alberta. The Company serves as the parent entity of Zane Inc., a fintech subsidiary focused on building next-generation, AI-native personal finance platforms for the North American market. PreAxia's primary strategic objective is to leverage proprietary artificial intelligence and embedded finance solutions to disrupt traditional banking models by delivering consumer-centric financial tools. The Company's common shares trade on the OTC Markets Group under the symbol "PAXH." As a development-stage enterprise, PreAxia is actively advancing its commercialization roadmap, including the soft launch of its flagship product, Zane. Investors should be aware that the Company is subject to significant risks, including the need for additional capital, regulatory approvals, and market adoption, which could impact its ability to achieve profitability.

Investor & Media Contact:  Tom Zapatinas T: 403 850 4120 E: tom@preaxia.com

Important Disclaimers:

• Not Financial Advice:  The information contained in this press release is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Users should consult with qualified professionals before making financial decisions.  

• Forward-Looking Statements:  This release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding anticipated launch timelines, planned product functionality, future platform capabilities, strategic partnerships, regulatory matters, and projected user outcomes. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to various factors, including but not limited to: the ability to secure necessary regulatory approvals, the success of internal testing, market acceptance of the product, competition, economic conditions, and the ability to secure additional financing. PreAxia undertakes no obligation to update forward-looking statements except as required by applicable law.  

• Performance Estimates:  Any references to potential savings or financial benefits (e.g., "$300 to $600 per month") are illustrative estimates based on internal models and are not promises or guarantees of specific results. Individual results will vary.  

• Regulatory Status:  Registration with the Bank of Canada and FINTRAC indicates compliance with specific payment and anti-money laundering regulations but does not imply endorsement by these agencies or guarantee the safety of funds.  

1  These registrations confirm compliance with specific regulatory frameworks, but do not constitute a guarantee of the company's financial solvency, nor do they insure user funds against loss. Funds held in prepaid accounts may not be eligible for protection under the Canada Deposit Insurance Corporation (CDIC).

Copyright (c) 2026 TheNewswire - All rights reserved.