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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment is composed of products and services relating to productivity, communication, and information services such as Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of public, private, and hybrid server products and cloud services for businesses and developers, as well as enterprise and partner services. The More Personal Computing segment refers to products and services including Windows operating system, Windows cloud services, Surface, HoloLens, personal computer accessories, Xbox hardware, Xbox Cloud Gaming, Microsoft News, and Microsoft Edge. The company was founded by Paul Gardner Allen and William Henry Gates, III in 1975 and is headquartered in Redmond, WA.

Microsoft Corporation

Microsoft Corp

Microsoft is facing volatile price action after reporting strong quarterly results that surpassed analyst expectations, fueled by significant growth in Azure and AI services. Despite these beats, the stock is experiencing a tug-of-war between bullish investors citing long-term fundamental strength and bears focusing on concerns over massive capital expenditure and short-term market sentiment.

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The firm operates through the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other. The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The DCAI segment delivers solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers and high-performance computing customers. The IFS segment refers to full stack solutions created from the foundry industry ecosystem. The All Other segment represents results from other non-reportable segments and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968, and is headquartered in Santa Clara, CA.

Intel Corp.

Intel Corp

Intel is experiencing a massive parabolic rally fueled by strategic partnerships, including reports of collaboration with Tesla's Terafab project and potential foundry deals with Apple and Google. The community is actively debating the sustainability of this rapid ascent, with bullish investors highlighting foundry strategy and institutional positioning, while skeptics warn of an overbought 'meme-like' bubble disconnected from underlying financial performance.

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Meta Platforms Inc - Ordinary Shares - Class A

Meta Platforms Inc

Meta Platforms is currently a focal point for investors as they weigh the company's aggressive AI infrastructure build-out against the massive capital expenditures required to maintain its market position. The community is actively debating whether these heavy investments represent a strategic advantage for future growth or a yield-pressuring 'CapEx wave,' leading to significant volatility in the stock's performance following its latest earnings report.

Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment offers retail sale of consumer products, including from sellers, advertising, and subscriptions services through North America-focused online and physical stores. The International segment focuses on retail sale of consumer products, including sellers, advertising, and subscription services through internationally focused online stores. The AWS segment is composed of global sales of computers, storage, databases, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Amazon.com Inc.

Amazon.com Inc

Amazon is at the center of investor focus as hyperscalers report earnings, with the market intensely scrutinizing whether aggressive AI capital expenditure will translate into long-term dominance or near-term margin pressure. Community sentiment remains highly polarized between bulls pointing to AWS growth and triple-digit custom silicon expansion, and skeptics who fear a potential AI bubble driven by excessive spending.

BlackBerry Ltd. engages in the provision of intelligent security software and services. It operates through the following segments: QNX, Secure Communications, and Licensing. The QNX segment includes development of safe and reliable software for embedded systems across technology-driven industries. The Secure Communications segment delivers operational resiliency with a government-grade portfolio of secure, certified solutions for mobile fortification, critical communications and crisis management. The Licensing segment focuses on management and monetization of the firm's global patent portfolio. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.

BlackBerry Ltd

BlackBerry is attracting significant community attention as traders speculate on its deepening role in physical AI, driven by high-profile partnerships with NVIDIA and its expanding footprint in automotive and industrial safety. Investors are actively debating the company's valuation and long-term turnaround strategy, while monitoring potential volatility as the stock seeks to maintain key price levels.

Lightwave Logic, Inc. is a development stage company which engages in the commercialization of electro-optic photonic devices. The firm offers the P2ICTM technology platform which uses in-house proprietary organic polymers. Its products include electro-optical modulation devices and proprietary polymer photonic integrated circuits. The company was founded on June 24, 1997 and is headquartered in Englewood, CO.

Lightwave Logic Inc

Lightwave Logic is trending as investors react to the company's patent licensing strategy and ongoing speculation regarding its role in the AI data center infrastructure market, particularly following news of a recent acquisition involving a key industry partner. The community is actively debating the stock's long-term commercialization roadmap, balancing optimism over the company's proprietary polymer technology against skepticism from those highlighting its pre-revenue status and recent capital raise.

Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services, such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment refers to infrastructure and platform services, collaboration tools, and other services for enterprise customers. The Other Bets segment relates to the sale of healthcare-related services and internet services. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Alphabet Inc - Ordinary Shares - Class A

Alphabet Inc Class A

Alphabet is trending as investors react to a significant strategic investment of up to $40 billion in AI firm Anthropic, signaling intensified competition for AI infrastructure dominance. The community is actively debating the implications of this massive capital expenditure on long-term margins and market leadership as the firm heads into a highly anticipated earnings report alongside other tech giants.

QUALCOMM, Inc. engages in developing and commercializing foundational technologies and products used in mobile devices and other wireless products. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses and provides rights to use portions of the firm's intellectual property portfolio. The QSI segment focuses on opening new or expanding opportunities for its technologies and supporting the design and introduction of new products and services for voice and data communications. The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA.

Qualcomm, Inc.

Qualcomm is surging as investors react to reports of a collaborative effort with OpenAI to develop custom smartphone processors for future AI-driven devices. The sentiment is split between bullish traders riding the momentum driven by new AI hardware catalysts and skeptical participants wary of the stock's historical tendency to fade following speculative pumps.

FuelCell Energy, Inc. engages in the business of developing, designing, producing, constructing, and servicing high temperature fuel cells for clean electric power generation. It operates through the following geographical segments: the United States, South Korea, and Europe. The company was founded by Bernard Baker and Martin G. Klein in 1969 and is headquartered in Danbury, CT.

Fuelcell Energy Inc

FuelCell Energy is seeing heightened community interest driven by sector-wide momentum from Bloom Energy's performance and the growing demand for clean power solutions in AI data centers. While some investors are optimistic about potential infrastructure contracts, the conversation remains polarized due to ongoing concerns regarding share dilution and management execution.

Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X ETF

Direxion Daily Semiconductor Bear 3X Shares

Investors are currently flooding into SOXS as market sentiment shifts against the relentless rally in semiconductor stocks, fueled by concerns over an AI-driven bubble, unsustainable capex spending, and potential geopolitical risks. The community is locked in an intense battle between those anticipating a major correction due to extreme overbought conditions and others warning that aggressive liquidity and momentum continue to defy traditional valuation metrics.

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Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

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Primech Holdings Accelerates U.S. Expansion for Primech AI’s Hytron, Selected for SelectUSA Tech Amid Growing Institutional Deployment Pipeline

Company Advances Nationwide Commercial Rollout as Demand for Automation Surges Across U.S. Facilities Sector
SINGAPORE, April  23, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), through its autonomous robotics subsidiary Primech AI Pte. Ltd., today announced the acceleration of its U.S. expansion strategy, supported by its selection for the SelectUSA Tech program and participation in the 2026 SelectUSA Investment Summit (May 3–6, 2026, National Harbor, Maryland) following an invitation from the U.S. Embassy in Singapore. This acceleration positions Primech to capitalize on intensifying enterprise demand for AI-powered facility automation and supports the Company’s long-term growth strategy through institutional-scale commercial deployment in the world’s largest facilities services market.
  
The Company is actively advancing a growing pipeline of commercial deployment opportunities across the United States for Hytron, its flagship fully autonomous AI-powered restroom cleaning system, as enterprise demand intensifies for scalable automation solutions addressing persistent labor shortages and rising operating costs.
  
Primech’s participation comes at a landmark bilateral moment as Singapore and the United States mark 60 years of diplomatic relations and the United States celebrates the 250th anniversary of its independence. According to the U.S. Department of Commerce, SelectUSA facilitated approximately US$139 billion in foreign direct investment deals over the past year, supporting more than 32,000 American jobs across 175 transactions, with the 2025 Summit drawing more than 5,500 participants and over 2,700 business investors from more than 100 countries.
  
Following successful showcases at CMS Berlin and the Tokyo Building & Maintenance Show, and its North American debut at CES 2026, Primech is now executing the next phase of its global strategy: large-scale commercial deployment in the United States.
  
Hytron generated more than 350 qualified enterprise leads from 23 countries at CES 2026, including significant engagement from U.S.-based operators across healthcare, hospitality, transportation, higher education, and commercial real estate. The Company is currently progressing discussions with multiple large-scale U.S. facility operators, including leading hospitality and institutional services providers. Mass production of Hytron commenced in the second quarter of 2026, and Primech has executed distribution agreements across multiple international markets to support scaled commercial rollout.
  
Primech has already established a foundational U.S. operating platform to support commercialization and scale, including its Delaware incorporation, Edwardsville, Illinois office, and operational collaborations with robotic service and distribution partners. The Company is evaluating opportunities to expand its U.S. footprint further, including deployment infrastructure, servicing capabilities, and potential localized operations to support nationwide scale.
  
Primech’s selection for SelectUSA Tech highlights its alignment with key U.S. priorities including workforce resilience, supply chain diversification, and the integration of advanced automation into institutional operations. Hytron has demonstrated greater than 99% bacterial reduction in independent testing and received a TechRadar Pro Picks Award at CES 2026.
  
“The United States represents the most significant near-term growth opportunity for Primech AI,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings Limited. “Our selection for SelectUSA Tech and the invitation from the U.S. Embassy in Singapore reflect the tangible operational investments we have made to prepare for scaled U.S. commercialization, from our Delaware subsidiary and Edwardsville office to active engagement with leading American institutional operators. With Hytron mass production having commenced in the second quarter of 2026, distribution agreements in place across multiple international markets, and a clear pipeline of U.S. enterprise deployment opportunities, we are positioned to convert this momentum into meaningful commercial traction, expanded U.S. operational capabilities, and long-term value creation for Primech shareholders.”
  
During the Summit, Primech will engage with U.S. state and local economic development organizations, federal agency representatives, and prospective commercial and channel partners to advance Hytron deployment, expand strategic partnerships, and accelerate U.S. market entry. The Company will provide updates on the outcomes of these engagements through subsequent investor communications.
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. For more information, visit www.primechholdings.com.
  
About Primech AI
  
Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited, is a robotics company dedicated to developing autonomous, AI-powered solutions for commercial facility operations. Its flagship product, HYTRON, is a fully autonomous AI-powered restroom cleaning robot engineered to enhance hygiene standards, reduce labor dependency, and support sustainability initiatives across high-traffic environments including airports, healthcare facilities, hotels, transportation hubs, educational institutions, and commercial real estate. For more information, visit www.primech.ai.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about anticipated U.S. market expansion, commercial deployments, partnership development, manufacturing initiatives, and long-term shareholder value creation. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” or other similar expressions. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, some of which are beyond the Company’s control. Actual results may differ materially from those projected. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. For a discussion of risk factors, please refer to the Company’s filings with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at www.sec.gov.
  
Contact
  
Primech Holdings Limited
  
Investor Relations
  
ir@primechholdings.com
  
www.primechholdings.com

Primech AI Secures Government Collaboration for Hytron Autonomous Cleaning Robot Deployment in Singapore Schools

SINGAPORE, April  09, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the deployment of its Hytron autonomous bathroom cleaning robots in a multi-storey school environment. The project represents a significant commercial milestone for autonomous cleaning solutions in facility management.
  
Primech AI was selected as one of the finalists of the Innovation Challenge by the Ministry of Education (MOE) and the Ministry of Digital Development and Information (MDDI) launched on the Infocomm Media Development Authority’s (IMDA) Open Innovation Platform1. The challenge sought a solution to enhance cleaning of toilet facilities in multi-storey school buildings to reduce reliance on manpower and enhance cleaning efficiency, while overcoming existing infrastructure limitations. Primech AI was awarded prize funding for prototype development and pilot testing.
  
Hytron is a fully autonomous, AI-powered bathroom cleaning robot designed to revolutionise hygiene in high-traffic facilities. With advanced 3D-cleaning capabilities and electrolysed water technology, Hytron ensures consistent, high-quality cleaning while significantly reducing manual labor. The latest model features the cutting-edge NVIDIA Jetson Orin Super — a compact yet powerful System-on-Module (SoM) built for advanced-edge AI and robotics. This integration enables exceptional energy efficiency, real-time data processing, and intelligent navigation, making Hytron a highly scalable and future-ready solution for smart facility management.
  
As part of the 12-month pilot programme, Primech AI will deploy one Hytron unit at Dunman High School. The pilot aims to address key operational challenges in public facilities, including labor shortages and maintenance of consistent standards of cleanliness. Hytron's capabilities include autonomous navigation in confined spaces, scheduled cleaning cycles with real-time monitoring, electrolysed water disinfection protocols, and autonomous charging operations, positioning the technology for broader commercial adoption across healthcare, transportation, and commercial real estate sectors. This would be continuous to reinforce Hytron as one of the first movers in national-scale autonomous cleaning in Singapore while we pursuit international opportunities in parallel.
  
"This collaboration represents significant validation of our technology readiness for infrastructure deployment," said Charles Ng, Chief Operating Officer of Primech AI. “We are proud to work with forward-thinking government partners in paving the way for AI-enabled cleaning across Singapore and beyond.”
  
About Primech AI
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
  
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.     
  
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
Company Contact:
Email: ir@primech.com.sg
  
_________________
1 IMDA’s OIP helps corporates diagnose their business challenges and crowd-source for innovative digital solutions from start-ups, technology providers, and research institutes. Calls on the OIP are launched three times a year.

Primech A & P Secures US$24.0 Million Multi-Year Government-Linked Contract for Integrated Cleaning Services Across Six Major Hawker Centres in Singapore

Significant contract adds long-term revenue visibility and strengthens positioning in critical public infrastructure and high-volume environments
SINGAPORE, April  02, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Group”), through its subsidiary Primech A & P Pte. Ltd. (“Primech A & P”), today announced the successful award of a major public sector contract to provide integrated cleaning services across six prominent hawker and food centres in Singapore. The contract carries a total value of approximately US$24.0 million over a 4+1-year performance-based term, strengthening the Group’s recurring revenue base and long-term earnings visibility.
  
This contract reinforces Primech’s established position within Singapore’s environmental services sector and highlights its proven ability to secure and execute large-scale public infrastructure mandates. It further reflects the Group’s track record of delivering consistent, high-quality cleaning solutions, increasingly supported by technology-driven operational efficiencies.
  
Comprehensive, Performance-Based Service Scope
  
Under the contract, Primech A & P will deliver a fully integrated suite of cleaning and facility support services across all six locations, including general cleaning and maintenance, toilet cleaning and sanitation, table-cleaning services, Centralised Dishwashing Services (CDW), pest control management, and full compliance with Singapore’s GreenGov sustainability standards.

  
The breadth of services positions Primech as a single-source operator for high-traffic public environments, enabling operational consistency, cost efficiency, and scalable service delivery across multiple sites.
  
The contract is structured with a strong emphasis on innovation, automation, data-driven performance management and operational excellence, incorporating:
  
Cleaning Process Automation (CPA) to enhance labour productivity and improve service consistency.
Cleaning Management Systems (CMS) to enable real-time monitoring, performance tracking, and data-driven decision-making.
Deployment of advanced technologies to optimize workforce allocation, elevate service standards, and support margin expansion over time.

  
Strengthening Market Position Through Innovation
  
This contract underscores Primech’s strategic focus on integrating automation and digital infrastructure into its core service delivery model, aligning with Singapore’s broader shift towards smart, green urban infrastructure. The inclusion of advanced technologies and real-time management systems reflects the Group’s ability to operationalize innovation at scale within complex, high-traffic public settings.
  
By embedding automation and data-driven oversight into daily operations, Primech is strengthening its competitive positioning while enhancing productivity, service consistency, and long-term margin potential. This approach positions the Group to capitalize on the ongoing transformation of the environmental services sector toward higher-efficiency, technology-enabled solutions.
  
“This award reflects our strong capabilities to consistently secure and deliver large-scale, integrated cleaning contracts supported by technology-driven operations,” said Ken Chang, Head of Operations at Primech A & P. It reinforces the trust placed in Primech as a long-term partner in maintaining critical public infrastructure, while demonstrating our capability to execute efficiently at scale.
  
With this latest contract, Primech continues to expand its order book, strengthening revenue visibility and reinforcing a growing base of recurring income streams. The Group remains well-positioned to capture increasing demand for integrated, performance-based environmental services, supported by its ability to deliver at scale across high-density public infrastructure environments both in Singapore and the broader region.
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
Company Contact:
Email: ir@primech.com.sg

Primech AI Secures South Korea Distribution Agreement Expected to Generate US$4.08 Million and Expand HYTRON’s Global Commercial Footprint

Multi-year partnership establishes an initial trial phase and graduated minimum order commitments, strengthening Primech AI’s international commercialization strategy in a robotics-forward market
SINGAPORE, March  23, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a distribution agreement to expand HYTRON into South Korea, a partnership expected to generate approximately US $4.08 million in projected revenue over three years while establishing a scalable commercial footprint in one of Asia’s most advanced automation markets.
    
Under the agreement, the partner will serve as Primech AI’s authorized distributor in South Korea, leading localized marketing, sales, deployment, and technical support for Hytron to drive commercial adoption and support scalable deployment across the territory.
    
The partnership follows a structured rollout beginning with an initial trial phase, after which the distributor may transition into an exclusive multi-year distribution arrangement with defined minimum order commitments, providing a clear pathway to scaled deployment upon successful market validation.
    
Based on the agreed minimum order quantities and unit pricing, the agreement is expected to generate approximately US$4.08 million in cumulative revenue over three years, comprising an initial trial order followed by contractually structured increasing annual commitments.
    
“Our expansion into South Korea represents a meaningful step in scaling HYTRON’s international commercialization,” said Charles Ng, Chief Operating Officer of Primech AI. “ With a structured distribution model and a capable local partner, we are well-positioned to accelerate adoption of our Hytron robots in a market that is highly receptive to automation and smart facility solutions, whole building a foundation for long-term scalable deployment.”
    
South Korea represents a highly attractive market for robotics and automation, driven by strong technology adoption and increasing demand for productivity-enhancing solutions in facilities management. Through this collaboration, Primech AI aims to establish a scalable in-market presence, leveraging localized support and expertise to drive efficient deployment and consistent service delivery.
    
The distributor will also manage local certification requirements and provide on-the-ground customer support, helping to streamline market entry, accelerate deployment timelines, and ensure consistent operational performance in the market.
    
Hytron leverages advanced AI and automation technologies to deliver consistent, efficient, and high-quality restroom cleaning in commercial environments, helping organizations address labor constraints while improving hygiene standards.
    
For further enquiries, please contact:
Primech AI Pte. Ltd.
    
directenquiries@primech.com.sg – General enquiries
partnerships@primech.com.sg – Partnership-related matters
    
About Primech AI
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
    
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. 
    
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
    
Company Contact:
Email: ir@primech.com.sg

CBM Partners with Primech AI to Deploy Smart Cleaning Robots Across Singapore Facilities

Primech AI deepens commercial adoption with leading Singapore FM firm. Partnership marks Singapore’s major step toward automated hygiene management in public and commercial spaces
SINGAPORE, March  12, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a leasing agreement with CBM Pte Ltd (“CBM”), a leading facilities-management company in Singapore. Under the partnership, CBM will deploy Primech AI’s flagship Hytron autonomous bathroom cleaning robots across its managed properties to enhance cleaning consistency, efficiency, and hygiene standards.
  
The agreement provides flexibility for scaling deployments after an initial trial period and includes full installation, training, and maintenance support from Primech AI.
  
“CBM’s adoption of our Hytron technology demonstrates growing market confidence in autonomous cleaning solutions,” said Charles Ng, Chief Operating Officer of Primech AI. “Our robots are already proving their ability to raise service standards while easing the industry’s labor shortage.”
  
Each Hytron unit leverages edge-AI computing powered by NVIDIA technology, enabling real-time decision-making and navigation in complex environments.
  
“With Singapore’s strong push for technology-driven productivity, partnerships like this set the stage for broad commercial adoption,” said Kin Wai Ho, Chief Executive Officer of Primech Holdings. “Combining public-sector support through the ESG Productivity Solutions Grant with private-sector innovation creates a sustainable path for scaling smart-cleaning operations.”
  
This collaboration reflects a wider trend toward ESG-aligned automation within facilities management, as organizations balance rising hygiene expectations with manpower constraints.
  
For further enquiries, please contact:
  
Primech AI Pte. Ltd.
  
directenquiries@primech.com.sg – General enquiries
  
partnerships@primech.com.sg – Partnership-related matters
  
About Primech AI
  
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. 
  
About CBM Pte Ltd
  
Established more than five decades ago, CBM Pte Ltd is a pioneer in Singapore’s facilities-management industry, known for delivering integrated solutions that combine engineering expertise, cleaning and maintenance, security, and logistics under one roof. Its clients span government agencies, commercial buildings, hospitals, and transport facilities. CBM continues to invest in smart and sustainable technologies to raise service standards and address the country’s manpower challenges in the built-environment sector.
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
Company Contact:
Email: ir@primech.com.sg

What's Behind The Jump In Primech Holdings?

Primech Holdings shares are trading higher after securing about $33 million in multi-year service contracts with a Singaporean university.read more...

Primech Holdings Secures Approximately US$33 Million in Multi-Year Institutional Contracts, Expanding Recurring Revenue and Robotics Deployment

Four-Year University Mandates Strengthen Revenue Visibility, Institutional Positioning, and AI-Driven Automation Strategy
SINGAPORE, March  05, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility solutions service provider serving public and private sectors across Singapore, today announced that its subsidiaries have secured approximately US$33 million in aggregate multi-year institutional service contracts with one of Singapore’s most prestigious and globally recognized universities.
  
The contracts span two major campus zones over a four-year term and encompass comprehensive cleaning services and on-site waste management. The awards materially expand Primech’s long-term institutional portfolio and add meaningful recurring revenue visibility through 2030.
  
Strengthening Predictable Revenue Base
  
With a total contract value of approximately US$33 million over four years, the engagements enhance Primech’s forward revenue pipeline and reinforce the Company’s strategy of securing structured, multi-year institutional mandates.
  
Institutional contracts of this scale provide:
  
Multi-year revenue certainty
Stable cash flow generation
Increased operating leverage across existing infrastructure
Expanded opportunities for technology-driven margin enhancement
  
The awards further deepen Primech’s penetration within Singapore’s higher education segment, a sector characterized by high operational standards, dense daily foot traffic, and long-term outsourcing relationships.
  
Scaled Robotics Integration Across Institutional Campuses
  
In support of these contracts, Primech will deploy a total of 45 autonomous cleaning robots across both campuses. This large-scale deployment reflects Primech’s ongoing transition from traditional facilities services towards technology-enabled, automation-driven operations. By embedding proprietary robotics into long-term service contracts, the Company aims to:
  
Improve labor productivity amid ongoing manpower constraints
Enhance service consistency and quality control
Reduce reliance on variable labor inputs
Increase long-term margin durability through automation
  
The inclusion of HYTRON units in a major institutional setting also serves as a high-visibility commercial reference deployment for Primech AI’s expanding robotics platform.
  
Digitalized, Data-Driven Service Model
  
Operations across both campuses will be supported by digitalized management systems, incorporating:
  
Real-time monitoring and performance dashboards
Data-driven scheduling and manpower optimization
Workflow automation
Performance analytics and reporting
  
This integrated model allows Primech to operate complex, high-traffic institutional environments with greater transparency, accountability, and sustainability alignment.
  
Institutional Momentum and Long-Term Positioning
  
These contract awards reinforce Primech Holdings’ established presence in Singapore’s institutional and public-sector markets while accelerating the Company’s broader strategy of integrating robotics and AI into core facilities operations.
  
Management continues to focus on:
  
Expanding recurring, multi-year service contracts
Scaling robotics integration across large mandates
Strengthening operating efficiency through automation
Enhancing long-term shareholder value through disciplined growth
  
The Company believes that the convergence of labor scarcity, rising compliance standards, and institutional demand for measurable service performance continues to create favorable structural tailwinds for technology-enabled facilities providers.
  
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. 
  
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
Company Contact:
Email: ir@primech.com.sg

Primech Holdings Secures Approximately US$5.02 Million in Multi-Year Residential Cleaning Contracts, Expanding Recurring Revenue Base

Strengthening Recurring Revenue Base Through Multiple Multi-Year Residential Contract Awards.
SINGAPORE, Feb.  26, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider servicing public and private sectors primarily in Singapore, today announced that its subsidiary Primech A & P Pte. Ltd. (“Primech A & P”) has successfully secured a series of new residential cleaning and waste management service contracts with a total estimated value of approximately US$5,02 million.
  
The newly awarded contracts comprise a mix of one-year, two-year, and three-year agreements, strengthening the Company’s recurring revenue base and enhancing forward revenue visibility. The scope of work includes comprehensive cleaning services and waste disposal management for multiple established residential developments across Singapore, further reinforcing Primech A & P’s position in the residential facilities management segment.
  
Primech A & P has secured a diversified pipeline of residential contracts totaling approximately US$5.02 million, comprising:
  
• Two three-year agreements valued at approximately US$1.08 million and US$1.24 million
• One two-year agreement valued at approximately US$470,640
• Seven one-year agreements ranging from approximately US$193,584 to US$443,911 each
  
This balanced contract duration profile enhances revenue stability and strengthens Primech A & P’s recurring income base over the next three financial years, supporting greater earnings visibility and financial resilience.
  
These contract awards reflect continued confidence in Primech A & P’s operational execution, service reliability, and established presence within Singapore’s competitive residential facilities management sector. The wins further reinforce the Company’s reputation as a trusted service partner, supported by scalable manpower management capabilities, disciplined cost management, and consistent quality control standards.
  
Driving Sustainable Growth
  
With Singapore’s residential property sector continuing to generate steady demand for outsourced facilities management services, Primech Holdings Limited remains well positioned to capture incremental contract opportunities with both new and existing developments.
  
The Company continues to invest in workforce training, operational efficiency initiatives, and service innovation to enhance productivity and support disciplined, scalable expansion.
  
The newly secured contracts enhance Primech Holdings’ earnings visibility over the next three financial years and strengthen the Group’s recurring revenue base, providing a more stable foundation for sustainable growth and long-term shareholder value creation.
  
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. 
  
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
Company Contact:
Email: ir@primech.com.sg

LAS VEGAS, Jan. 15, 2026 (GLOBE NEWSWIRE) -- <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=hyuUhUxAWubHaRtcjVvVEub_g9Z5KOhw5JRJY4rJTwLtgGzwX7sxw32dmoolVa-rStp1yXGHXhSyuH9on-mjrnXTI0giP2hYsjz2k7yDlu7hjOMrUU8xOkRTz2QVA0vl">Primech Holdings Ltd. (Nasdaq: PMEC)</a> today provided a recap of its participation at CES 2026, where <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=HXgVgq6YFfsaeV8AOEf08nvO4WgElhOHllLcLFbxLE08X6PN2-OUMKMOcAv_-2IzBEeyAO0ih6KZrjS1OxZ7nw==">Hytron</a>, the company’s flagship autonomous restroom cleaning robot developed by Primech AI, generated strong interest from enterprise facility operators, property managers, analysts, investors, and strategic partners evaluating next-generation automation solutions.Notably, a portion of enterprise attendees traveled to CES specifically to evaluate Hytron in person, including decision-makers from markets such as Canada, Mexico, Israel, and across the United States reflecting intentional interest beyond general exhibition traffic.CES 2026 brought together more than 4,100 exhibitors and over 148,000 attendees, including approximately 6,900 members of the global media, underscoring the scale and competitiveness of the event. Against this backdrop, Hytron received multiple forms of third-party validation, reinforcing its positioning as an enterprise-ready automation platform addressing labor-intensive facility operations.During the show, Hytron was named a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=VCXOWaZZ6oHOoWYG9OlQ-W7cX-50fXktxqZeOCK14I0ps1sfZj2PmnUmIUoulURrLhBq8npNW2j6TXZSqjY_p4Jdj5ZKT89TK9_QErv-fDzWE3nGhWrwDfJf2RxXj3hUsgwvGabUpg_p9j6i5S7Luv1mf10-nP0gWbz0rfEivnwmOfv4bbdq4_83KtVDyfHVU7rrWyYn2V5BBbDSDcY6k7rWJZcjpLDEWqsW3uzdOX9DdqVs5aH_Wt9BXscDRb0l">TechRadar Pro CES Picks Award</a> winner, recognizing the system’s real-world applicability, commercial readiness, and potential to transform hygiene operations in high-traffic commercial environments. Hytron was also featured in a curated CES floor tour segment on <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=sShefBNEY9cu6vE_CplBb3hMugY9sUIy5-d52JUwrATg5auM3pBBWEQ0fvTErIGj_Q4n1SIGVCe-IzyPNaBD3f0IjFlYkF5rVC1ZHEmPU2cea1RB57V6J8aJaULJ9oVE7kQWSTI8nJsg8S590HTy6DaW0MiLWx-7-ChJDyu2iMfDoLEq6JJkT3O0UPvD9zPLsK2NLgSWHbe3hNw6__zgkX6JBBE7PCBsCX-63FLRWzA=">Havas Super Stream</a>, a global platform highlighting technologies shaping the future of enterprise operations, infrastructure, and urban environments, and was covered across multiple additional media platforms through on-site interviews with international outlets, including discussions with media from markets such as South Korea, Hong Kong and Canada.Throughout CES 2026, Primech conducted live demonstrations of Hytron’s autonomous capabilities, including AI-powered navigation, robotic precision, and proprietary cleaning technology delivering greater than 99% bacterial reduction. Demonstrations and meetings at the company’s booth engaged decision-makers from healthcare systems, hospitality groups, transportation hubs, and large commercial venues seeking scalable solutions to address labor shortages, rising operating costs, and heightened hygiene standards.In parallel, Primech engaged with a highly qualified, global audience, capturing more than 350 leads across 23 countries. The majority of engagement came from senior enterprise decision-makers, including C-suite executives, vice presidents, directors, and facilities and operations leaders responsible for large commercial portfolios. Engagement also included analysts, investors, strategic partners, and U.S. policymakers, reflecting broader interest in Primech’s autonomous robotics platform and U.S. commercialization strategy. Discussions focused on proof-of-concept pilots, deployment timelines, and commercial rollout strategies, underscoring Hytron’s readiness for real-world adoption.“CES 2026 marked an important milestone for Primech as we deepened engagement with enterprise customers in the United States, one of our core strategic markets,” said <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=aiQEV7pD6PIJ6fSF0tShBGpgKE5v26kPuoT_-SOqAHIS71Wcmpu6-Dq7whvIG-bCtLZ3urhCX2P7GRbNH_Q7jUVe6f5pAEjnSP4CluC-A-ekz_thKj_fefhGIGk6FKnFPUyLRtIAqnIHQW1US2RINfXR8yJldvXraFk7ouEb6BEJw1CtRwonoYIZFNbfpFTQ">Ken Ho, Chairman and Chief Executive Officer of Primech Holdings</a>. “The combination of third-party recognition, curated visibility, and high-quality commercial discussions reinforced our confidence in Hytron’s market readiness and the role autonomous robotics will play in modern facility operations.”Primech’s CES participation follows a series of recent milestones, including a $4.0 million strategic investment from WELLE Environmental Group, a 200-unit fleet commitment with Swan Hygiene Solutions, a subsidiary of Savills, for deployment across Hong Kong and Macau, and expanding pilot deployments across Singapore. As the company prepares to begin mass production of Hytron in the first quarter of 2026, Primech is actively engaging enterprise customers through proof-of-concept pilot programs and is accepting preorders for commercial deployments.About HytronHytron is a fully autonomous AI-powered restroom cleaning robot developed by Primech AI to modernize commercial hygiene operations. The platform delivers consistent, repeatable sanitation across toilets, urinals, sinks, mirrors, and floors while reducing labor dependency and operational variability in high-traffic environments.About Primech AIPrimech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=lhPXV9qM2SazkdMLdHEhG06LQhdzGht2sEDLf_dmXP7UBUuf40mQpeJ93mezKowBbd3Ircc1lTisQicZWSKENQ==">www.primech.ai</a>.About Primech Holdings LimitedHeadquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=lhPXV9qM2SazkdMLdHEhG1G9dnUW6YtZ-x5zrWcyumHFa2zHsNT4vKXkQkkcdHkpx0yf27ho3p-Bxu8saZx_miyvSXF3FVDQeq8vHrvUOBZOFaOaO-rozB3Ew28hUMESY4hiM7q1UDEjq6RJludV-TdvfT9svR3SIGYYuKnFPnUN3lytjngqKveRbfNjgbmJ7R5_6IOG0gb1888a6KGyUKYVHPmojJZqwkJh2dJXFvip9LpE6Waao7UoC4wfKhur31uKQUGVtoSGHNesF3MkDQ==">www.primechholdings.com</a>.Forward-Looking StatementsCertain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.For further enquiries, please contact:Primech Holdings Limited:Email:&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=W9U4hD-w5hiU8UZf-rmHsBtJ6oCPWYdpqghtm3ePsrkFLWa5itlj91uxoy_Gl1OtBcUvtvcxXXHAJrFstEqGMALt0ml_3awdYSFEIyQEdbEiIJrr6PUq5m0xz5xmMLKe1s1Rvh6DZcLWJXdPr4ab2VU0LEmFgEvVvi7ORTdfLilXMKuFijNX8mpynjTygOLoSPrn3-u2_yPgIi3vCGznNqRk9dwYhQ9brr-P-J3oFl3kRPHCgogU9alV-bZKHPcwWNu7dlLFN8MhPsLZ_zJalQ==">ir@primech.com.sg</a> General Enquiries: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=Ebq8egZ4q3RJ92FSrrtenWGZlW1WowLDXDKjqcTI1ofXy6j7pKbr0SLSmX8gjGCYOOP2GTzqesJF93_NPsV1cMOeYQvFK0_lMC8NiEGuxn1qhY3JC_gRKcw1ePpZTYBs">directenquiries@primech.ai</a> Investors: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=7904sKbhsx8L32_IDhEWd8daSX3TKxPVSJgvxC7mJxr02OM-cfUwt-gxx5CQfwA3ZbTbOc4JDZs1YlY7sNDY1jI_E52OaTF6Pfwqmrb86TFvBvm-kWHbPOG3awOCphVJ">partnerships@primech.ai</a>Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Primech AI Concludes CES 2026 With Strong Enterprise Engagement and Global Demand Signals for Hytron

Award recognition, curated media inclusion, and qualified leads from 23 countries reinforce U.S. commercialization momentum for Primech’s autonomous robotics platform

Others

Award recognition, curated media inclusion, and qualified leads from 23 countries reinforce U.S. commercialization momentum for Primech’s autonomous robotics platform
LAS VEGAS, Jan.  15, 2026  (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (Nasdaq: PMEC) today provided a recap of its participation at CES 2026, where Hytron, the company’s flagship autonomous restroom cleaning robot developed by Primech AI, generated strong interest from enterprise facility operators, property managers, analysts, investors, and strategic partners evaluating next-generation automation solutions.
  
Notably, a portion of enterprise attendees traveled to CES specifically to evaluate Hytron in person, including decision-makers from markets such as Canada, Mexico, Israel, and across the United States reflecting intentional interest beyond general exhibition traffic.
  
CES 2026 brought together more than 4,100 exhibitors and over 148,000 attendees, including approximately 6,900 members of the global media, underscoring the scale and competitiveness of the event. Against this backdrop, Hytron received multiple forms of third-party validation, reinforcing its positioning as an enterprise-ready automation platform addressing labor-intensive facility operations.
  
During the show, Hytron was named a TechRadar Pro CES Picks Award winner, recognizing the system’s real-world applicability, commercial readiness, and potential to transform hygiene operations in high-traffic commercial environments. Hytron was also featured in a curated CES floor tour segment on Havas Super Stream, a global platform highlighting technologies shaping the future of enterprise operations, infrastructure, and urban environments, and was covered across multiple additional media platforms through on-site interviews with international outlets, including discussions with media from markets such as South Korea, Hong Kong and Canada.
  
Throughout CES 2026, Primech conducted live demonstrations of Hytron’s autonomous capabilities, including AI-powered navigation, robotic precision, and proprietary cleaning technology delivering greater than 99% bacterial reduction. Demonstrations and meetings at the company’s booth engaged decision-makers from healthcare systems, hospitality groups, transportation hubs, and large commercial venues seeking scalable solutions to address labor shortages, rising operating costs, and heightened hygiene standards.
  
In parallel, Primech engaged with a highly qualified, global audience, capturing more than 350 leads across 23 countries. The majority of engagement came from senior enterprise decision-makers, including C-suite executives, vice presidents, directors, and facilities and operations leaders responsible for large commercial portfolios. Engagement also included analysts, investors, strategic partners, and U.S. policymakers, reflecting broader interest in Primech’s autonomous robotics platform and U.S. commercialization strategy. Discussions focused on proof-of-concept pilots, deployment timelines, and commercial rollout strategies, underscoring Hytron’s readiness for real-world adoption.
  
“CES 2026 marked an important milestone for Primech as we deepened engagement with enterprise customers in the United States, one of our core strategic markets,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. “The combination of third-party recognition, curated visibility, and high-quality commercial discussions reinforced our confidence in Hytron’s market readiness and the role autonomous robotics will play in modern facility operations.”
  
Primech’s CES participation follows a series of recent milestones, including a $4.0 million strategic investment from WELLE Environmental Group, a 200-unit fleet commitment with Swan Hygiene Solutions, a subsidiary of Savills, for deployment across Hong Kong and Macau, and expanding pilot deployments across Singapore. As the company prepares to begin mass production of Hytron in the first quarter of 2026, Primech is actively engaging enterprise customers through proof-of-concept pilot programs and is accepting preorders for commercial deployments.
  
About Hytron
  
Hytron is a fully autonomous AI-powered restroom cleaning robot developed by Primech AI to modernize commercial hygiene operations. The platform delivers consistent, repeatable sanitation across toilets, urinals, sinks, mirrors, and floors while reducing labor dependency and operational variability in high-traffic environments.
  
About Primech AI
  
Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.
  
About Primech Holdings Limited
  
Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. 
  
Forward-Looking Statements
  
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.
  
For further enquiries, please contact:
  
Primech Holdings Limited:
  
Email: ir@primech.com.sg
General Enquiries: directenquiries@primech.ai 
Investors: partnerships@primech.ai

Primech Holdings Ltd. engages in the provision of commercial cleaning solutions. Its cleaning services caters to conservancy areas, educational institutions, airports, facilities, and exteriors of buildings. The company was founded on December 29, 2020 and is headquartered in Singapore.

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