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FERMI PROVIDES BUSINESS UPDATE

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DALLAS, April 21, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ: FRMI) (LSE: FRMI), operating as Fermi America™ (“Fermi” or the “Company”), subsequent to the Company’s announcement of Fermi 2.0 on April 20, 2026, has received significant and positive feedback from multiple potential tenants, the Company’s landlord, the Texas Tech University System, as well as suppliers, vendors, contractors, financing sources, and other partners. The Company is gratified by that feedback and is pursuing Fermi 2.0’s business and leadership objectives with all deliberate speed.

The Company also acknowledges receipt of a letter from Mr. Toby Neugebauer, and has reviewed a press release issued by him, calling for the initiation of a process for the immediate sale of the Company. As Mr. Neugebauer indicated in his press release, he was removed from his position on April, 17, 2026,  after careful consideration by the Company’s Board of Directors in accordance with its fiduciary duties. Given recent changes in leadership, which position the Company for its next chapter of growth and evolution from a startup to a scaled enterprise, the Company firmly believes a sale is not in the best interest of its continued momentum on Project Matador, ability to serve potential tenants and long-term value creation for shareholders. The Board, consistent with its fiduciary duties, will carefully review all avenues to maximize shareholder value, which include continued execution of its business plan, strategic investments from third parties, joint ventures or other transactions.

About Fermi America™

Fermi America™ (NASDAQ & LSE: FRMI) (fermiamerica.com) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world’s largest, 17 GW next-generation private HyperGrid campus. Project Matador is expected to integrate the nation’s biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

Additional Information and Where to Find It

If the Company determines to hold a special meeting of shareholders, the Company will file a proxy statement on Schedule 14A, an accompanying white proxy card and other relevant documents with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies from the Company’s shareholders for such meeting. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), IF ANY, AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain a copy of any definitive proxy statement of the Company, an accompanying white proxy card, any amendments or supplements thereto and other documents filed by the Company with the SEC if and when they become available at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge in the “SEC Filings” subsection of the Company’s Investor Relations website at https://fermiamerica.com/ or by contacting the Company’s Investor Relations Department at IR@fermiamerica.com, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Participants in the Solicitation

If the Company determines to hold a special meeting of shareholders, the Company, its directors and certain of its executive officers may be deemed participants in the solicitation of proxies from the Company’s shareholders in connection with matters to be considered at such special meeting of shareholders. Information regarding the direct and indirect interests, by security holdings or otherwise, of the Company’s directors and executive officers is included in the Company’s final prospectus, filed with the SEC on October 1, 2025, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and in the Company’s Current Reports on Form 8-K filed with the SEC from time to time. Changes to the direct or indirect interests of the Company’s directors and executive officers are set forth in SEC filings on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4. These documents are available free of charge as described above. Updated information regarding the identities of potential participants and their direct or indirect interests, by security holdings or otherwise, in the Company will be set forth in the definitive proxy statement for the Company’s special meeting of shareholders and other relevant documents to be filed with the SEC, if and when they become available.

Forward-Looking Statements

Statements contained in this press release which are not historical facts, such as those relating to future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Fermi undertakes no duty to publicly update or revise such forward-looking information, whether as a result of new information, future events, or otherwise. Investors should consult further disclosures and risk factors included in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, the Registration Statement on Form S-8 and other documents filed from time to time with the SEC by Fermi.

 

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SOURCE Fermi Inc.

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Hexaware Expands Presence in Gujarat with New Delivery Center at GIFT City

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MUMBAI, India, LONDON and ISELIN, N.J., June 13, 2026 /PRNewswire/ — Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, today opened a new delivery center at Gujarat International Finance Tec-City (GIFT City), India’s premier international financial services hub. The center, inaugurated by Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat, will serve Hexaware’s global banking, financial services, and insurance (BFSI) clients across digital solutions, artificial intelligence (AI), cloud transformation, data engineering, and next-gen software services.

Hexaware’s established presence in Ahmedabad and Gujarat provides the foundation for this investment. With the GIFT City center, the company is building a technology and innovation hub that serves financial institutions across global markets. The company aims to create approximately 1,000 high-skilled jobs over the next three years, covering software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services.

“The establishment of Hexaware’s delivery center at GIFT City is a strong endorsement of Gujarat’s position as a globally competitive destination for financial services and technology. This is the kind of high-value investment the state has been building toward, and we are pleased to welcome Hexaware to this ecosystem,” said Chief Minister Bhupendra Patel.

“GIFT City represents a unique convergence of financial services, technology, and innovation. Our expansion into GIFT City aligns with our strategy of being closer to our customers while leveraging India’s exceptional talent ecosystem. We’re excited to contribute to the growth of Gujarat’s technology landscape and create meaningful career opportunities for skilled professionals,” said R. Srikrishna, CEO & Executive Director, Hexaware.

“GIFT City presents a compelling proposition for a company of Hexaware’s focus and scale. The financial services landscape, the quality of talent, and the policy framework the state government has put in place made this a clear decision for us,” said Vikash Kumar Jain, Chief Financial Officer, Hexaware.

The GIFT City center adds to Hexaware’s growing delivery footprint in India, supporting the company’s work with BFSI clients across global markets.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

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Innoscience Secures Final Victory in Patent Lawsuit as China’s Supreme Court Upholds Injunction Against Infineon GaN Products

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SUZHOU, China, June 13, 2026 /PRNewswire/ — In a landmark decision for the global semiconductor industry, the Supreme People’s Court of China has officially issued a final review decision sustaining a sales injunction against Infineon Technologies. The ruling means that effective immediately, Infineon is prohibited from selling its relevant Gallium Nitride (GaN) products within mainland China, marking a decisive and final victory for Innoscience in this high-stakes patent infringement dispute.

The Supreme Court’s ruling bolsters a prior judgment delivered on May 27, 2026, by the Suzhou Intermediate People’s Court. In that initial ruling, the Suzhou court found that Infineon had infringed upon two of Innoscience’s core invention patents related to GaN technology. The court ordered Infineon to immediately cease all infringing activities—including the sale, offer for sale, and importation of the contested products—and awarded Innoscience 10 million RMB (approx. $1.38 million USD) in damages, effective immediately.

With today’s final review decision, the Supreme People’s Court has explicitly upheld the lower court’s injunction, bringing a definitive conclusion to the patent battle between the two power semiconductor giants.

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SOURCE InnoScience

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RadiantVibe Capital Consortium Completes Rollout of Integrated Learning Resource Platform

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RadiantVibe Capital Consortium has completed the rollout of its Integrated Learning Resource Platform, bringing educational materials, expert knowledge archives, and structured learning pathways into a unified digital environment. The initiative is designed to improve knowledge accessibility, streamline resource discovery, and support continuous learning across its global community.

NEW YORK, June 13, 2026 /PRNewswire-PRWeb/ — RadiantVibe Capital Consortium today announced the completion of its Integrated Learning Resource Platform, a major digital initiative designed to unify educational resources, improve content accessibility, and create a more connected learning experience for participants across its global community.

The newly deployed platform brings together a wide range of educational materials into a centralized environment, allowing learners to access resources more efficiently while supporting continuous professional and personal development.

The rollout marks another step in the organization’s broader effort to strengthen its digital learning infrastructure under the guidance of Ambrose Wetherby. By consolidating previously distributed materials into a single platform, RadiantVibe Capital Consortium aims to simplify knowledge discovery and encourage deeper engagement with educational content.

“At its core, education is about access, organization, and application,” said Ambrose Wetherby. “As our learning community continues to grow, it becomes increasingly important to provide an environment where knowledge can be easily found, explored, and connected. The Integrated Learning Resource Platform was designed with that objective in mind.”

The platform introduces several new features intended to improve the overall learning experience.

One of the key additions is a Unified Resource Center, which serves as a centralized repository for educational materials. Participants can now access learning guides, expert presentations, recorded seminars, case studies, research summaries, and event materials through a single interface. This eliminates the need to navigate multiple systems and provides a more streamlined user experience.

Another major enhancement is the introduction of a Smart Resource Classification Framework. Content is now organized through topic categories, thematic collections, and searchable tags, enabling learners to quickly locate materials relevant to their interests and development goals. Whether reviewing foundational concepts or exploring advanced topics, users can navigate the platform more efficiently.

The Integrated Learning Resource Platform also includes a new Learning Pathway Recommendation Module. Rather than presenting resources as isolated materials, the system organizes content into structured learning pathways focused on areas such as leadership development, critical thinking, communication effectiveness, project management, and organizational decision-making. These pathways are designed to help participants build knowledge progressively while maintaining flexibility in their learning journey.

In addition, RadiantVibe Capital Consortium has established an Expert Knowledge Archive, a dedicated section that houses recorded educational sessions, keynote presentations, panel discussions, and specialist insights. By preserving and organizing these resources, the organization seeks to ensure that valuable knowledge remains accessible long after live events have concluded.

A further innovation is the platform’s Cross-Resource Connectivity System, which links related materials across multiple formats. For example, a learner exploring a case study may also be directed to relevant expert discussions, supporting reference materials, and supplementary learning guides. This interconnected structure encourages deeper exploration and helps learners develop a broader understanding of complex subjects.

According to the organization, the project was developed in response to increasing demand for more accessible and better-organized educational resources. Feedback from participants consistently highlighted the importance of having a centralized location where learning materials could be easily discovered, revisited, and connected.

The completion of the rollout follows several recent digital enhancement initiatives undertaken by RadiantVibe Capital Consortium, including improvements to operational infrastructure, navigation systems, and information access tools. Together, these developments form part of a long-term strategy focused on creating a more integrated and user-centered learning environment.

Looking ahead, the organization plans to continue expanding the platform’s capabilities through additional resource collections, enhanced search functionality, and new collaborative learning features. Future development efforts will remain focused on improving accessibility, supporting lifelong learning, and strengthening engagement across the global learning community.

“Knowledge becomes more valuable when it is accessible, organized, and connected,” Wetherby added. “This platform represents an important foundation for future growth and reflects our commitment to building educational environments that empower individuals to learn, adapt, and develop throughout their careers.”

About RadiantVibe Capital Consortium

RadiantVibe Capital Consortium is an education-focused organization dedicated to advancing knowledge development through structured learning programs, professional growth initiatives, and digital learning resources. Through continuous innovation and a commitment to educational excellence, the organization supports individuals seeking to expand their skills, broaden their perspectives, and thrive in an increasingly dynamic world.

Media Contact

Caroline Stewart, RadiantVibe Capital Consortium, 1 915-543-3345, service@radiantvibe.com

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SOURCE RadiantVibe Capital Consortium

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