Zedcor Inc. provided the following updates highlighting its expanded fleet of MobileyeZ Security Towers, USA expansion plans and continued diversification of customer base and industries served. MobileyeZ Fleet Update: Zedcor exited 2022 with a fleet of 506 MobileyeZ security towers. During the first half of 2023, the fleet increased by 173 security towers and the company remain on track to exit the year with a fleet of approximately 900 security towers.

As of June 30, 2023, Zedcor's fleet consisted of the following types of MobileyeZ security towers: 264 Solar Hybrid MobileyeZ which are preferred by customers with large infrastructure projects such as pipelines and roads. These units are entirely self contained and can be operated anywhere as they are powered by solar with battery backup and diesel charging available when there is not enough sunlight. As one of the company's large pipeline security project winds down, the company is able to allocate its Solar Hybrid fleet across Canada.

391 Electric MobileyeZ which are preferred by construction companies, retail companies and other customers with power available on site. These unique units can plug into any regular power source or an on-site generator. 24 Diesel and Solar MobileyeZ.

All MobileyeZ security towers are equipped with HD cameras, geo-fencing capabilities and advanced AI. Video is streamed to the Company's centralized monitoring center in Western Canada where trained operators protect client sites allowing for more efficient and effective security compared to a security guard. USA Expansion Update: As previously announced, Zedcor will be expanding to the United States in the second half of 2023.

This expansion is still on track and subsequent to June 30, 2023, the Company has leased a facility. In addition, the Company has also hired its first employee in the US and has shipped a small number of security towers for research & development purposes to help ensure supply targets are met for its 2024 expansion program. The Company's first goal for the USA expansion is to expand and vertically integrate certain portions of the company's manufacturing process.

This will allow the company to be in control of more significant components of the security tower that are currently causing delays, increase the number of MobileyeZ the company is able to build in a year, and also reduce the cost of security towers by 15% - 25%. The company?s second objective is to start servicing the USA market with its security services. The company anticipates to exit the year with approximately 45 Solar Electric MobileyeZ, which The company anticipates will be the preferred unit for this market going forward.