Acquisition of Aeronautical Assets from AFD For $25.6 Million – Name Change – Consolidation – Announcement of a Concurrent Private Placement of Up to $4.75 Million

MONTREAL, July 17, 2026 (GLOBE NEWSWIRE) -- Prosys Tech Corporation (“ Prosys ” or the “ Corporation ”) is pleased to announce the signing of a letter of intent with Aeronautics Fund SCA SICAV-RAIF (“ AFD ”) and certain of its registered fund holders for the acquisition of nine aircraft engines and lease agreements relating to such engines (the “ Target Assets ”). Prosys will then change its name to Corporation AFD Aero / AFD Aero Corporation. The transaction will constitute a reverse takeover resulting in a change in Prosys’ business and the listing of the Class “A” shares of its share capital (the “ Common Shares ”) on the TSX Venture Exchange (the “ Exchange ”).