Mr. Robert Turley reports

PLAINTREE SYSTEMS INC. ANNOUNCES THIRD QUARTER FISCAL 2025 RESULTS

Plaintree Systems Inc. has released its results for the third fiscal quarter of 2025.

Quarterly statements for the third quarter of fiscal 2025 ending Dec. 31, 2024.

Plaintree announced today that it has released its unaudited interim consolidated financial statements and related management's discussion and analysis for the third quarter of fiscal 2025 and the nine months ending Dec. 31, 2024.

For the quarter ending Dec. 31, 2024, Plaintree realized revenues from operations of $4,594,952 as compared with $4,857,244 for the same period in fiscal 2024.

Net income was $11,745 for the quarter ending Dec. 31, 2024, as compared with net loss of $173,920 for the same period a year earlier.

For the first nine-month period ending Dec. 31, 2024, Plaintree realized a net income of $527,299 as compared with $447,085 for the same period in fiscal 2024.

Additional information relating to the company, including the financial statements, may be found on SEDAR+ or the company's website.

About Plaintree Systems Inc.

Plaintree has two diversified product divisions consisting of specialty structures and applied electronics.

The specialty structures division includes the Triodetic Group with over 40 years of experience, and is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, foundations for unstable soil conditions and flood zones, for free-form structures, barrel vaults, space frames and industrial dome coverings, and includes Spotton Corp., a design and manufacturer of high-end custom hydraulic and pneumatic valves and cylinders.

The applied electronics division includes the legacy Hypernetics, Summit Aerospace USA Inc. and Elmira Stove Works Inc. businesses. Hypernetics was established in 1972, and is a manufacturer of avionic components for various applications, including aircraft anti-skid braking, aircraft instrument indicators, solenoids, high-purity valves and permanent magnet alternators. Summit Aerospace provides high-precision machining to the aerospace and defence markets. Its facility includes five-axis CNC precision machining of complex castings and large ring parts such as turbine and assembly shrouds, as well as assembly and pressure seals. Summit will support requirements from concept, prototype and throughout production. Elmira Stove is a manufacturer of high-end heritage and retro-styled kitchen appliances under the brand names Northstar, Fireview and Heritage.

Plaintree's shares are traded under the symbol NPT.

Plaintree is publicly traded in Canada on the Canadian Securities Exchange (NPT) with 12,925,253 common shares and 18,325 Class A preferred shares outstanding.

We seek Safe Harbor.