INCLINE VILLAGE, Nev. - TelAve -- Phinge® Corporation ("Phinge" or the "Company"), the developer of the patented Netverse® verified app-less platform, ecosystem, Netverse Intelligence™ NI™, and proprietary, patented modular, mobile hardware, today announced that the Company is exploring a potential strategic business combination with a Special Purpose Acquisition Company (SPAC) currently listed on the Nasdaq Stock Market or the New York Stock Exchange (NYSE).

This strategic exploration follows a period of significant private sector interest and internal investigations into potential infringements of Phinge's foundational patents in the hardware verification and agentic AI, app-less AI phones and other app and app-less technologies.

Strategic Benefits of a SPAC Merger for Phinge

The Company believes a potential merger with a premier exchange-listed SPAC would offer several key benefits:

• Accelerated Path to Public Markets: A SPAC merger provides a faster timeline to becoming a publicly traded entity compared to a traditional IPO, allowing Phinge to capitalize on current market conditions with its patented app-less technologies and hardware verification.
• Access to Growth Capital: The transaction is expected to provide Phinge with significant primary capital to launch and scale globally its patented, app-less verified platform, Netverse Intelligenge, NI, its modular mobile hardware, including its magnetically attachable phones, tablets, gaming systems and its modular smartwatches and earbuds
• Enhanced Valuation for Shareholders: Recent interest from accredited investors suggests Phinge's intellectual property may command a valuation competitive with major technology incumbents.
• Public Currency for Strategic Growth: A public listing provides liquid stock that can be used for future acquisitions, talent recruitment, and strengthening Phinge's position against the existing "app-store duopoly" AI companies and the increasing dangers that AI is enabling.
• Global Visibility and Credibility: Listing on the Nasdaq or NYSE enhances the Company's brand among global verified users, merchants, and developers.

About Phinge Corporation

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Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it. Phinge through its upcoming patented Netverse App-less technology platform with proprietary Netverse Intelligence, NI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems AI agents, and the ecosystems of Apple, Google and Android.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, Phinge's expectations regarding a potential business combination, the benefits of such a transaction, and the Company's future growth prospects. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that could cause such differences include, but are not limited to:

• The ability of Phinge to identify and enter into a definitive agreement with a suitable SPAC partner;
• The possibility that any proposed transaction may not be completed in a timely manner or at all;
• The risk that the announcement of the exploration of a merger may disrupt current plans and operations;
• Unforeseen costs related to the exploration and execution of a business combination.

Pursuant to SEC Rule 145a, any future business combination involving a reporting shell company (such as a SPAC) will be deemed a sale of securities to the shell company's shareholders. Additionally, under new SEC regulations effective in 2024, the safe harbor for forward-looking statements under the PSLRA may be unavailable for certain disclosures in connection with a de-SPAC transaction. Phinge undertakes no obligation to update these statements as a result of new information or future events.

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No Offer or Solicitation

This press release is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for, or buy any securities. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.

Contact: Phinge Corporation Investor Relations Email: Investorrelations@phinge.com Website: www.phinge.com