15:34:05 EDT Wed 11 Mar 2026
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Intellistake Technologies Corp
Symbol ISTK
Shares Issued 107,977,467
Close 2026-03-10 C$ 0.62
Market Cap C$ 66,946,030
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Intellistake delivers AI agent to Powerbank for testing

2026-03-11 12:49 ET - News Release

Also News Release (C-SUNN) Powerbank Corp

Mr. Jason Dussault of Intellistake reports

INTELLISTAKE ADVANCES DEPLOYMENT SCHEDULE ON AI SOFTWARE DEVELOPMENT CONTRACT WITH POWERBANK CORPORATION

Intellistake Technologies Corp. has provided an operational update regarding its AI (artificial intelligence) software contract with Powerbank Corp.

Key highlights:

  • Intellistake provides a deployment update on its previously announced $278,000 AI software contract (Feb. 5, 2026) with Powerbank;
  • The public-facing AI communications agent has completed development and configuration and has been delivered to Powerbank for structured internal validation; production integration is anticipated following completion of internal review;
  • Internal validation represents the final stage prior to production integration and go-live deployment;
  • IntelliScope, Intellistake's bespoke internal multiagent business intelligence platform, remains on schedule within the broader contracted engagement.

This update relates to the previously announced $278,000 AI software contract dated Feb. 5, 2026, under which Intellistake is building and deploying AI agent platforms including a public-facing AI communications system and IntelliScope, its internal multiagent business intelligence framework.

Development phase completed

The company has completed the development and system configuration phase of the public-facing AI communications agent. The platform has now been delivered into Powerbank's internal environment for formal validation and controlled testing.

Following completion of this internal review stage, production integration into Powerbank's website environment is anticipated.

Jason Dussault, chief executive officer of Intellistake, commented: "I believe structured AI systems have the potential to become standard infrastructure for public companies. The ability to manage information access in a controlled, intelligent way is very important. What's particularly important here is the articulation of real-time public company data in a clear and structured format. For Powerbank, this means improved consistency in how information is accessed, greater visibility into engagement patterns and a more efficient internal workflow around public disclosures. As regulatory and disclosure environments continue to evolve, we expect structured AI architectures like this to play an increasingly important role in how companies manage and present information."

Internal review and predeployment validation

The current phase involves structured internal testing, response evaluation and refinement prior to full production integration.

Liam Harpur, vice-president of technology and development at Intellistake, added: "Transitioning into internal review is a critical validation stage. The system architecture has been designed to operate within defined disclosure parameters while remaining responsive and context aware. This phase allows for real-world calibration inside Powerbank's operating environment before public deployment."

Dr. Richard Lu, chief executive officer of Powerbank, commented: "We've seen the system demonstrated in action prior to internal review, and it's clear the platform has been carefully architected. The way it structures and surfaces up-to-date company information has the potential to support more efficient internal workflows and clearer external engagement. The validation phase allows us to assess it within our own operating environment before deployment, and we are confident as we move toward integration."

Upon completion of internal validation, the system is expected to proceed to production deployment within Powerbank's website environment, followed by continuing support.

IntelliScope development progress

In parallel, development continues on IntelliScope, Intellistake's bespoke internal multiagent business intelligence framework for Powerbank. The platform remains on schedule within the broader contracted engagement.

Following completion of this internal review stage, production integration into Powerbank's website environment is anticipated. The internal validation phase is expected to be completed in the coming weeks subject to the risk that completion is delayed for technical reasons or availability of personnel.

About Intellistake Technologies Corp.

Intellistake is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation and the development of enterprise AI agents, Intellistake seeks to bridge the gap between emerging decentralized networks and real-world industry adoption.

About Powerbank Corp.

Powerbank is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The company develops solar and battery energy storage system (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential offtakers. The company maximizes returns through a diverse portfolio of projects across multiple leading North America markets, including projects with utilities, host offtakers, community solar and virtual net metering projects. The company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

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