Mr. Gad Condemns Paragon Board's Concealment of Key Information Regarding the New Litigation and Seeming Abuse of Fiduciary Duty and Calls for Immediate Public Release of Complaint for Stockholder Transparency

Underscores Continued Pattern of Concealing Relevant Facts by Timothy Eriksen, Howard Brownstein, David Lontini and Samuel Weiser

Highlights the Fact that the Current Directors Have Never Sought to Remove Mr. Gad from the Board for Any Wrongdoing Supports that No Wrongdoing was Committed

Reiterates that the Poison Pill Passed by Timothy Eriksen, Howard Brownstein, and David Lontini Has Made Paragon Liable for a Significant Legal Expense

Notes the False, Damaging and Despicable Statements Made About Our Employees and Managers Regarding the Hiring of Unauthorized Workers

NEW YORK CITY, NY / ACCESS Newswire / May 19, 2025 / Hesham "Sham" Gad, the largest stockholder of Paragon Technologies, Inc. (OTC PINK:PGNT) ("Paragon" or the "Company"), owning approximately 28.4% of the Company's outstanding shares, today issued the following statement to fellow stockholders addressing an alarming and ongoing pattern of concealment by the Company's directors:

Dear Fellow Stockholders:

An incredibly alarming pattern of behavior continues to emerge at Paragon Technologies, Inc. ("Paragon" or the "Company"), one that began with Samuel Weiser and has now been sustained by Tim Eriksen - a supposed beacon of stockholder transparency - and fellow Weiser-picked directors Howard Brownstein and David Lontini serving on the Company's Board of Directors (the "Board").

This pattern is evident in a series of deliberate decisions that reveal how this Board has prioritized self-preservation over transparency with stockholders. Two moments in particular stand out:

• First, nine months ago, Sam Weiser perpetuated a disingenuous campaign accusing me of concealing major claims from the Company, claims that the Delaware Court of Chancery (the "Court") has described as "questionable." Further, if proven true, these claims should have certainly been cause for the other directors to seek my removal. Yet, I remain a director, and, despite their accusations, these same directors later provided me with a full release of any alleged wrongdoing.

• Second, in December 2024, just days after his appointment to the Board by Weiser, I contacted Eriksen, naively believing that he would act independently and uphold basic principles of corporate governance and transparency. I urged him to look into Weiser's conduct. He did not. Instead, Eriksen chose to follow the same course, including withholding material information from stockholders. Eriksen, as a fiduciary to Paragon, along with the other directors, had a clear opportunity to act to protect the Company when they realized the serious potential risks Weiser's self-serving actions could have on the Company. They could have ended and settled the litigation. They did not. Instead, they chose to gamble with stockholder capital by pursuing a case they now claim was based on faulty legal advice.