Mr. Jason Hein reports

TELESCOPE INNOVATIONS AND MOTT CORPORATION INITIATE TECHNOLOGY PARTNERSHIP

Telescope Innovations Corp. has signed a memorandum of understanding (MOU) partnership with Mott Corp. Mott is a top technology-driven, precision filtration company, and the partners aim to commercialize a novel robotic sampling probe for chemical analysis and purification. This new technology would enable accurate analysis of very common but often intractable chemistries in pharmaceutical and chemical manufacturing (for example, reactions involving solid-liquid slurries or immiscible liquid-liquid mixtures).

The sampling probe is geared toward the laboratory sample preparation and analysis markets, including for high-performance liquid chromatography (HPLC), the gold standard in process chemistry analysis. The Mott integrated filter/needle is designed for in situ phase separation, which not only allows for automated on-line HPLC analysis, but also enables automated reaction workup and offline analytics.

The proposed technology would expand Telescope's portfolio of automated platforms for chemistry analysis and process development, building on the momentum of its successful first product, the direct inject liquid chromatography (DILCTM) system. Under the MOU, Telescope and Mott aim to collaboratively develop the new sampling probe. If successful, the final product would be manufactured by Mott and commercialized exclusively by Telescope.

Jason Hein, chief executive officer of Telescope, stated: "We're very excited to bring Mott's internationally recognized engineering expertise to the development of a new product. This robotic sampling probe could drastically simplify chemical analysis while enabling automated, high-throughput experimentation for a large class of industrially required chemical processes."

"On behalf of the team at Mott, we look forward to collaborating with Telescope to unveil a potentially groundbreaking technology that will revolutionize chemical analysis and purification. This partnership represents a significant step forward in our mission to enable accurate analysis of even the most challenging chemistries in pharmaceutical and chemical manufacturing," said Karthik Viswanathan, vice-president and general manager of the high purity, health care and ATA business units at Mott. "Together we are pioneering solutions that will reshape the future of chemical processes and drive global innovation."

About Telescope Innovations Corp.

Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The company builds and deploys new enabling technologies, including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency and data quality. The company's aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability.

We seek Safe Harbor.