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VANCOUVER, British Columbia – May 26, 2026 - TheNewswire – Carrier Connect Data Solutions Inc. (TSX.V: CCDS; OTCQB: CCDSF; WKN: A40XB1 ) (the “Company” or “Carrier”), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location, is pleased to report financial results for the third quarter ended March 31, 2026.

The Company delivered a quarter of significant expansion, reaching 5 data centers under management, completing a $10.5M financing, and adding revenue via M&A and organic growth reaching $910k for the quarter. This revenue number also only includes 1 month of operations for our Saint John, NB data center acquired on February 27, 2026. This strong performance materially strengthened the Company's financial position, with:

• Cash increasing to $9.9 million (versus $967k at June 30, 2025)  

• Revenue increasing to $910k (+849% versus Q3 2025)  

• Gross profit increasing to $295k (+661% versus Q3 2025)  

• ~85 distinct co-location customers across our data center network  

The Company continues to execute on its strategic priorities as it looks forward to completing fiscal 2026 from a position of increased financial strength and operational momentum. Since March 31, Carrier has signed an LOI to acquire the data center assets from Rochester Colo LLC, thereby entering the US market. Carrier also completed its acquisition of the network connectivity and delivery assets from Morewave Communication adding an additional $725k in annual revenue.

Mark Binns, Chief Executive Officer, commented “Q3 was a transformational quarter for us. We completed the Saint John acquisition, making us a national player in Canada from West to East, completed an over-subscribed $10.5M financing, and drove organic revenue within our DCs. Subsequently, we hired a Chief Revenue Officer in Mr. Mark Alexander, we continue to negotiate numerous acquisitions, and we signed an LOI for our first US data center in Rochester. We have the capital and reach to continue executing on our roll up strategy throughout the rest of 2026. We look forward to providing shareholders and stakeholders with further updates soon.”

This news release should be read in conjunction with the company's consolidated financial statements for the quarter and nine months ended March  31, 2026 and associated Management's Discussion and Analysis ("MD&A") which are available on Sedar+ at www.sedarplus.com .

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions’ mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral organization, Carrier’s systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver, Ottawa and Saint John, Canada and Perth, Australia, where it serves clients who use its facilities either as their primary data center or as an ancillary site depending on their needs.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Binns”

Mark Binns, CEO

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to the Options. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, reliance on key management and other personnel, and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

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