Mr. Alen Silverrstieen reports

IMAGINEAR PROVIDES CORPORATE UPDATE AND REPORTS PROGRESS ON PATENT PORTFOLIO

ImagineAR Inc. has provided a corporate update and reported progress on the advancement of its United States patent portfolio.

In 2026, the company is expected to advance the technical and commercial foundation of its core platform while undertaking a disciplined review of its cost structure and operating priorities. Management remains focused on strengthening the company's intellectual property position and positioning ImagineAR's technology stack for the next phase of growth as augmented reality and generative AI converge across enterprise and consumer applications.

Patent portfolio update

ImagineAR has received notices of allowance from the U.S. Patent and Trademark Office (USPTO) for three U.S. patent applications, U.S. application numbers 19/356,347 (published as U.S. 2026/0034456), 19/356,374 (published as U.S. 2026/0034457) and 18/761,046 (published as U.S. 2024/0354347), covering core innovations related to location-aware game-play experiences and cross-platform augmented reality delivery. These patents are anticipated to issue as enforceable U.S. patents following the payment of customary issuance fees. Additionally, U.S. patent application No. 18/813,579 (published as U.S. 2024/0416243), which covers adaptive, real-world-driven game-play technology, has completed substantive examination and is anticipated to receive a notice of allowance in the near term.

Looking forward

Following the issuance of the allowed patents, the company intends to evaluate strategic licensing opportunities and to continue to enforce its intellectual property rights. In parallel, ImagineAR is planning for integration of generative AI capabilities into its augmented reality platform with the objective of delivering new categories of immersive, interactive, and personalized brand and consumer engagement experiences. Management believes this disciplined approach -- combining a strengthened IP foundation with an evolving technology road map -- positions the company to pursue commercial opportunities across established and emerging immersive verticals.

The company will provide further updates on commercial developments, partnership activity and capital structure in due course.

About ImagineAR Inc.

ImagineAR is an augmented reality engagement company. The company's platform enables sports franchises, entertainment properties, consumer brands and advertising partners to deliver location-aware, interactive, experiences to their audiences across mobile and connected devices. ImagineAR holds a growing portfolio of U.S. patents covering location-aware game play, cross-platform AR delivery and adaptive real-world-driven experiences.

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