3 E Network Commences Phased Delivery of Approximately $5.0 Million Core Storage Hardware Order

HONG KONG, Oct. 22, 2026 (GLOBE NEWSWIRE) — 3 E Netwo k Tech ology G oup Limited (Nasdaq: MASK) (the “Compa y” o “3 E Netwo k”), a busi ess-to-busi ess (“B2B”) i fo matio tech ology (“IT”) busi ess solutio s p ovide committed to becomi g a ext-ge e atio a tificial i tellige ce (“AI”) i f ast uctu e solutio s p ovide , today a ou ced that its wholly-ow ed subsidia y, 3e Netwo k Tech ology Compa y Limited (HK), has begu shippi g the fi st batch of p oducts u de its ece tly a ou ced app oximately $5.0 millio co e sto age ha dwa e sales co t act.

I itial Co e Sto age Compo e ts Shipped

This phased delive y p ima ily i volves la ge qua tities of e te p ise-g ade high-de sity memo y modules a d data ce te -g ade sto age co t olle s. Suppo ted by the Compa y’s global logistics etwo k, the i itial compo e ts have bee successfully dispatched, with subseque t batches scheduled fo delive y ove the comi g qua te s based o a mutually ag eed timeli e.

The o -time dispatch of this fi st batch ma ks a milesto e i fulfilli g the ag eeme t a d p og essi g towa d eve ue ecog itio , while also demo st ati g 3 E Netwo k’s coo di atio capabilities i la ge-scale ha dwa e p ocu eme t a d c oss-bo de o de fulfillme t. It ma ks the t a sitio f om co t act sig i g to delive y.

P ovidi g P e-Shipme t System-Level Ve ificatio to Mitigate I teg atio Risks

I additio to sta da d ha dwa e delive y, 3 E Netwo k has also p ovided tech ical suppo t fo this o de . P io to shipme t, the Compa y’s tech ical team co ducted system-level compatibility a d i te ope ability ve ificatio o the sto age equipme t. By co ducti g these p e-shipme t ve ificatio p ocedu es, the Compa y helps e d clie ts mitigate the system i teg atio isks that ca a ise whe i co po ati g i depe de t ha dwa e i to existi g data ce te a chitectu es. This helps meet the clie t’s tech ical ope ati g sta da ds a d p ovides the Compa y with e gi ee i g a d ope atio al expe ie ce fo u de taki g mo e complex i teg ated ha dwa e a d softwa e p ocu eme t p ojects fo compute ce te s i the futu e.

Phased Delive y Suppo ts Reve ue Recog itio a d I te al Fu di g

As the delive y p ocess adva ces, the co espo di g sales eve ue is expected to be ecog ized p og essively based o fulfillme t milesto es, with elated custome payme ts co t ibuti g to ope ati g cash flow. This phased delive y a d collectio model is expected to imp ove the Compa y’s eve ue visibility ove the ext few qua te s while p ovidi g additio al wo ki g capital.

The o -dilutive cash flow ge e ated f om this busi ess will be di ectly allocated to suppo t the Compa y’s o goi g capital-i te sive a d adva ced tech ology p ojects. This i cludes the Mikkeli 9 MVA AI compute ce te i Fi la d, cu e tly i the ha dwa e Request fo P oposal (RFP) evaluatio phase, a d the mic oa chitectu e R&D fo the ext-ge e atio p op ieta y AI Sto age Co t olle . This app oach eflects the Compa y’s st ategy of usi g its co e ha dwa e a d solutio s busi ess to suppo t its adva ced i f ast uctu e i itiatives.

Ma ageme t Comme ta y

D . Ti gju Ya g, Chief Executive Office of 3 E Netwo k, stated, “The o -schedule dispatch of the i itial sto age compo e ts sig ifies that this app oximately $5.0 millio co t act has t a sitio ed f om a sig ed ag eeme t i to ta gible fulfillme t. Ou team ma aged the p ocess, f om stagi g a d testi g to shipme t, withi the established timef ame, demo st ati g the Compa y’s ope atio al executio whe ha dli g e te p ise-level high-volume ha dwa e dema ds.”

D . Ya g added, “As this o de e te s a egula delive y a d payme t cycle, we expect the elated eve ue to be p og essively eflected i ou fi a cial stateme ts. The ma ageme t team will co ti ue to take a p agmatic app oach, usi g ope ati g cash flow ge e ated by ou e te p ise IT solutio s busi ess to suppo t the co st uctio of ou Eu opea AI compute ce te a d the R&D of ou p op ieta y AI chip. Ou objective is to mai tai the stable ope atio of ou co e IT busi ess while taki g steady a d methodical steps to expa d ou lo g-te m competitive edge i the AI compute i f ast uctu e ma ket.”

About 3 E Netwo k Tech ology G oup Limited3 E Netwo k Tech ology G oup Limited is a busi ess-to-busi ess (“B2B”) i fo matio tech ology (“IT”) busi ess solutio s p ovide committed to becomi g a ext-ge e atio a tificial i tellige ce (“AI”) i f ast uctu e solutio s p ovide . It upholds the i dust y co se sus of “AI a d e e gy symbiosis” a d has a st o g visio i the field of e e gy i vestme t. The Compa y’s busi ess comp ises two mai po tfolios: the data ce te ope atio se vices po tfolio a d the softwa e developme t po tfolio. Fo mo e i fo matio , please visit the Compa y’s website at https://3emask.com/.

Fo wa d-Looki g Stateme tsCe tai stateme ts i this a ou ceme t a e fo wa d-looki g stateme ts. These fo wa d-looki g stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o the Compa y’s cu e t expectatio s a d p ojectio s about futu e eve ts that the Compa y believes may affect its fi a cial co ditio , esults of ope atio s, busi ess st ategy, a d fi a cial eeds. I vesto s ca ide tify these fo wa d-looki g stateme ts by wo ds o ph ases such as “app oximates,” “assesses,” “believes,” “hopes,” “expects,” “a ticipates,” “estimates,” “p ojects,” “i te ds,” “pla s,” “will,” “would,” “should,” “could,” “may” o simila exp essio s. The Compa y u de takes o obligatio to update o evise publicly a y fo wa d-looki g stateme ts to eflect subseque t eve ts o ci cumsta ces, o cha ges i its expectatio s, except as may be equi ed by law. Although the Compa y believes that the expectatio s exp essed i these fo wa d-looki g stateme ts a e easo able, it ca ot assu e you that such expectatio s will tu out to be co ect, a d the Compa y cautio s i vesto s that actual esults may diffe mate ially f om the a ticipated esults a d e cou ages i vesto s to eview othe facto s that may affect the Compa y’s futu e esults i the Compa y’s egist atio stateme t a d othe fili gs with the U.S. Secu ities a d Excha ge Commissio .

Fo mo e i fo matio , please co tact:

3 E Netwo k Tech ology G oup LimitedI vesto Relatio s Depa tme tEmail: i [email protected]Website: https://3emask.com/