Railtown AI Technologies Inc. Clarifies Certain Disclosure

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is issuing the following news release to clarify its disclosure pursuant to a recent review of the Company's continuous disclosure record by the British Columbia Securities Commission (the "BCSC").

October 8, 2025 News Release

In this news release, Railtown announced that it had entered into a memorandum of understanding ("MOU") with Uniserve Communications Corporation (TSXV: USS) ("Uniserve") regarding a strategic partnership. The Company would like to clarify that the MOU is non-binding, is for a term of 12 months beginning on September 23, 2025 but subject to mutually agreeable extensions, and that either party has the right to terminate the MOU upon 30 days' written notice. The primary purpose of the partnership is to allow Uniserve to integrate Railtown's AI frameworks, tools and solutions into Uniserve's offerings, thereby enabling Uniserve's internal sales team to promote and sell AI capabilities to Uniserve's customers.

Each of Railtown and Uniserve has certain defined obligations under the MOU, pursuant to which the parties have agreed to negotiate and execute separate commercial agreements, statements of work or service orders, as the case may be, in connection with, among other things, customer engagements, revenue sharing and pricing. Neither party is required to pay any fees to the other under the MOU, and Company and Uniserve are currently in the process of modelling their revenue sharing strategy.

Railtown is capable of readily deploying its technologies to Uniserve's customers, and expects to conclude one or more definitive agreements with Uniserve in the coming months.

September 23, 2022 News Release

In this news release, Railtown announced that it had entered into a service provider license agreement (the "SPLA") with Quisitive Technology Solutions Inc. ("Quisitive") pursuant to which the Company agreed to provide a white-label version of its technology to Quisitive to be branded and sold as Velocity Insights. The Company would like to clarify that the SPLA was technically an interim agreement with a term of six (6) months and was intended to be superseded by a longer-term definitive license agreement that has yet to be negotiated. In addition, each party had the ability to terminate the SPLA prior to the completion of the term by providing 30 days' written notice to the other party, with certain support obligations of Railtown continuing for a transition period of four (4) months following the effective date of termination.

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