NameSilo Technologies Corp. Subsidiary Completes $560,000 Sale

Rhea-AI Summary

NameSilo Technologies (PINKSHEETS: URLOF) subsidiary SewerVUE completed manufacture, sale and delivery of a multi-sensor pipe inspection float for approximately C$560,000 to a large multinational environmental services and utilities company on Dec. 3, 2025. SewerVUE uses LiDAR, sonar, HD-CCTV and pipe-penetrating radar for large-diameter pipe inspection to provide detailed data for pipeline rehabilitation decisions.

The company also reported that subsidiary NameSilo implemented an upgraded security policy after a recent unauthorized nameserver change affecting one customer; management says the financial impact is immaterial to operating results.

Positive

• Completed sale of multi-sensor float for C$560,000
• Customer: one of the world’s largest environmental services firms
• Product uses LiDAR, sonar, HD-CCTV, radar for comprehensive inspections

Negative

• Recent security breach caused an unauthorized nameserver change
• Potential reputational risk from the security incident despite immaterial cost

CSE: URL / OTC: URLOF

VANCOUVER, BC, Dec. 3, 2025 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), is pleased to announce that its subsidiary, SewerVUE Technology Corp., has completed the manufacture, sale and delivery of its newest version multi-sensor pipe inspection float for approximately C$560,000 to one of the world's largest multinational environmental services and utilities companies.

SewerVUE Technology Corp., has pioneered large-diameter pipe inspection technology with innovations such as pipe-penetrating radar and multisensor inspections to ensure their partners and clients have reliable, comprehensive data to make proper and well-informed decisions when it comes to rehabilitating critical linear infrastructure. Using multi-sensor tools such as LiDAR, sonar, HD-CCTV and pipe-penetrating radar, SewerVUE provides high-quality data to measure, analyze and make informed decisions when repairing, maintaining or building critical pipeline infrastructure.

SewerVUE CEO, Nick Goertz states: "This is an exciting time for the company. With an expanding track record of high profile customers and access to capital, SewerVUE is well positioned to expand market share." 

The Company also announces that its subsidiary, NameSilo LLC, implemented an upgraded security policy in order to protect against unauthorized nameserver changes. Recently,  NameSilo was subject to a security breach incident resulting in an unauthorized change to a customer's nameserver. NameSilo immediately took action to rectify this security breach. The Company views the financial impact of the breach as immaterial to its operating results.

About NameSilo Technologies Corp. and NameSilo LLC

NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third-party and it does not offer investment advice.

NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 5.7 million active domains under management from approximately 160 countries.

About SewerVUE Technologies Inc.

SewerVUE Technologies, has pioneered large-diameter pipe inspection technology with innovations such as pipe-penetrating radar and multisensor inspections to ensure their partners and clients have reliable, comprehensive data to make proper and well-informed decisions when it comes to maintaining critical infrastructure. Using multi-sensor tools such as LiDAR, sonar, HD-CCTV and pipe-penetrating radar, SewerVUE provides high-quality data to help customers assess and maintain critical infrastructure.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements.

^*Non-IFRS Financial Measure

Readers are cautioned that "Adjusted EBITDA" and "total bookings" are measures not recognized under IFRS. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, restructuring costs, impairment charges and other non-recurring gains or losses. Management believes Adjusted EBITDA is a useful measure that facilitates period-to-period operating comparisons.  Total bookings includes the full amount of cash received from new domain bookings, renewals and other related services.  Whereas, under IFRS, the Company records revenue from domain booking and renewal fees on a straight-line basis over the life of the contract term.  However, the Company's management believes that "total bookings" provides investors with insight into management's decision-making process because management uses this measure to run the business and make financial, strategic and operating decisions.  Further, "total bookings" also provides useful insight into the Company's operating performance on a yearly basis. "Total bookings" do not have standardized meanings prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Readers are cautioned that "Adjusted EBITDA" and "total bookings" are not an alternative to measures determined in accordance with IFRS and should not, on their own, be construed as indicators of performance, cash flow or profitability.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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SOURCE NameSilo Technologies Corp.

FAQ

What did NameSilo Technologies (URLOF) announce on December 3, 2025?

SewerVUE completed a sale of a multi-sensor pipe inspection float for approximately C$560,000 and NameSilo implemented upgraded security measures after an unauthorized nameserver change.

How much was the SewerVUE sale reported by URLOF on Dec. 3, 2025?

The sale was reported as approximately C$560,000.

Who purchased the multi-sensor pipe inspection float from URLOF subsidiary SewerVUE?

The buyer was described as one of the world’s largest multinational environmental services and utilities companies.

What sensors does SewerVUE’s inspection float use according to the Dec. 3, 2025 announcement?

SewerVUE’s tools use LiDAR, sonar, HD-CCTV and pipe-penetrating radar.

Did NameSilo report any financial impact from the security incident in the URLOF announcement?

Management stated the financial impact of the breach is immaterial to operating results.

What security action did NameSilo take after the unauthorized nameserver change?

NameSilo implemented an upgraded security policy to protect against unauthorized nameserver changes.