As U.S. Stock Markets Continue Rallying to Record and All-Time Highs-A Powerful Reminder of the Dot-Com Boom and America's Enduring Financial Leadership-ELEKTROS Strengthens Its Vision for High-Speed Electric Vehicle Charging Infrastructure as Demand for EVs Continues to Reach Record Levels

Company focus expands toward high-speed EV charging stations as global electric vehicle adoption continues to highlight the need for broader, faster and more reliable charging infrastructure

WEST PALM BEACH, FL / ACCESS Newswire / July 1, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) announced that, following correspondence regarding U.S. Patent No. 12,522,100 B1, the Company has reviewed Jaguar Land Rover's response and has elected not to pursue the matter further. Management believes this allows the Company to focus its attention on executing its strategic growth initiatives.

The Company is negotiating to secure a location for approximately 10 to 15 high-speed EV charging stations to operate under the ELEKTROS brand. In parallel, the Company is in discussions with a major U.S. EV charging infrastructure installer regarding a potential installation project, subject to completing definitive agreements.

Management believes the proposed charging-station initiative, if completed, could represent a meaningful step toward building a physical ELEKTROS presence in the EV infrastructure market. The Company intends to evaluate charging-site economics, installation requirements, operating logistics, branding opportunities and potential customer demand as it continues discussions with potential infrastructure participants.