AISIX Solutions Inc. Announces It Has Been Selected as Wildfire Catastrophe Modeling Vendor by a Major Canadian Insurance Company

Rhea-AI Summary

AISIX Solutions (OTC: AISXF) announced on February 26, 2026 it was selected as the wildfire catastrophe modeling vendor for a 3-year engagement by a major Canadian insurance company following a competitive RFP.

AISIX will deploy wildfire catastrophe models to support underwriting, portfolio risk management and strategic decisions, and will develop features to quantify wildfire financial losses and reinsurance metrics. The Master Services Agreement and Statement of Work are under legal review; contract terms will be disclosed upon signing.

Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - AISIX Solutions Inc. (TSXV: AISX) (FSE: QT7) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, announces it has been selected as the wildfire catastrophe modeling vendor for a 3-year engagement by a major Canadian insurance company following a competitive evaluation process.

After careful review of multiple proposals during an invite-only Request for Proposal (RFP) process, the insurer selected AISIX based on its strong understanding of project requirements and its ability to deliver a technically aligned solution tailored to the company's wildfire risk objectives.

The engagement will see AISIX deploy its advanced wildfire catastrophe modeling capabilities based on its wildfire data to support underwriting, portfolio risk management, and strategic decision-making across the insurer's operations. The contract also includes the development of new features to quantify wildfire financial losses and reinsurance metrics aligned with the client needs.

"We are honored to be selected as wildfire catastrophe modeling vendor," said Dr. Gio Roberti, AISIX's CEO. "Our team demonstrated not only the strength of our modeling framework, but also how our solution aligns with the insurer's operational, security, and architectural requirements. We look forward to delivering a successful implementation and long-term value."

The insurer has initiated legal review of the Master Services Agreement (MSA) and Statement of Work (SOW), with due diligence and security documentation to follow as part of the final contracting process. The contract terms will be disclosed once the contract is signed.

For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/.

About AISIX Solutions Inc.

AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change.

For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca

Forward-Looking Statements

Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release.

The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights.

The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time.

Media Contact
media@aisix.ca

Investor Relations
investors@aisix.ca

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285417

FAQ

What did AISIX (AISXF) announce on February 26, 2026 about a new contract?

AISIX announced it was selected for a 3-year wildfire catastrophe modeling engagement by a major Canadian insurer. According to the company, selection followed a competitive invite-only RFP and will support underwriting, portfolio risk management and strategic decision-making.

How will AISIX's wildfire models be used by the Canadian insurer in the AISXF engagement?

They will be used to support underwriting, portfolio risk management, and strategic decision-making across insurer operations. According to the company, models will deploy wildfire data and new features to quantify financial losses and reinsurance metrics aligned with client needs.

Is the AISIX (AISXF) contract with the insurer final and when will terms be disclosed?

The contract is not yet final; the insurer has initiated legal review of the MSA and SOW. According to the company, due diligence and security documentation will follow and contract terms will be disclosed once the agreement is signed.

What is the duration of the AISIX (AISXF) engagement with the Canadian insurance company?

The engagement is for three years, focused on catastrophe modeling for wildfire risk. According to the company, the 3-year term was the basis of selection during the invite-only RFP process.

Will AISIX (AISXF) develop new analytics as part of the insurer engagement?

Yes. AISIX will develop new features to quantify wildfire financial losses and reinsurance metrics tailored to client needs. According to the company, these features are included in the contracted scope pending final MSA and SOW signatures.