GMEX ROBOTICS CORPORATION

GMEX Robotics has appointed Brian Hartzband as President of U.S. Operations to lead its North American expansion. Mr. Hartzband will oversee commercial operations, strategic partnerships, and market expansion as the company accelerates deployment of its AI-powered autonomous robotics platform. He brings experience from TEKsystems, UBS Financial Services, and Merrill Lynch. The appointment comes amid growing demand for automation driven by labor shortages and rising operating costs.

GMEX Robotics has entered into a non-binding letter of intent to acquire an equity interest in a California-based company specializing in physical AI connectivity and wireless system-on-chip technology for autonomous systems. The target's technology is designed to reduce wireless latency from the current standard of 100 milliseconds to less than 3 milliseconds and support over 100 robots operating simultaneously through a single access point. GMEX expects the deal to eliminate critical wireless bottlenecks in autonomous robot fleets and accelerate its transition to high-margin robotics software subscription revenue. Completion of any transaction remains subject to due diligence, negotiation of definitive agreements, and regulatory and board approvals.