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Roze AI Expands Disaster Prevention and Physical AI Business with Approximately US$12.2 Million (KRW 16.4 Billion, Excluding VAT) in New Contracts in South Korea
SEONGNAM, South Korea, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Roze AI Inc. (Nasdaq: RZAI, “Roze AI” or the “Company”), a Physical AI technology company focused on disaster prevention and safety management, today announced that its wholly owned Korean operating subsidiary, Roze AI Korea Co., Ltd., has entered into new contracts valued at KRW 16,400,600,000 (approximately US$12.2 million), excluding value-added tax (VAT) to deploy the Company’s AI-powered fire safety and disaster prevention technologies across mixed-use and commercial development projects in South Korea. The new contracts further expand Roze AI’s customer base and commercial deployment footprint in South Korea, broadening the Company’s project portfolio across commercial, residential and facility environments. The contracts cover three separate development sites in South Korea and include digital twin AI platforms, fire protection equipment and related installation works: 2. Seocho ALT2 – Hajo (???): a separate mixed-use development site at the same street address. Contract value: KRW 7,837,600,000, excluding VAT. 3. Nonhyeon ALT1 – IJ (???? ????): the new Soraepogu Fish Market development at 111-58 Nonhyeon-dong, Namdong-gu, Incheon. Contract value: KRW 2,118,200,000, excluding VAT. Based on the Company’s current project schedules, construction at all three sites is expected to commence in the first half of 2027. The contract amounts are based on preliminary designs and may be revised following detailed design changes. Delivery and installation schedules remain subject to construction progress and mutual agreement under the contracts, which also allow project changes, postponement or cancellation. The stated contract values are not revenue guidance. Including VAT, the aggregate contract amount is KRW 18,040,660,000 (approximately US$13.4 million). The contracts are denominated in Korean won. U.S. dollar equivalents are provided for reference only, using a cross-rate of approximately KRW 1,342.18 per US$1 derived from the Bank of Canada’s daily exchange rates for October 5, 2026. Young Jin Cho, Chief Executive Officer of Roze AI, said, “These contracts are a meaningful step in scaling our commercial business and reflect growing demand from developers for preventive fire safety in large residential and mixed-use projects. South Korea is an important market where Roze AI has applied its technologies across a range of real-world environments and gained experience in commercial deployment. Our goal is to use AI and Physical AI technologie to advance disaster management from a focus on post-incident response toward earlier risk identification and preventive action.” Roze AI develops AI-powered disaster prevention technologies designed to identify potential fire and disaster risks at an early stage and support preventive action before incidents occur. The Company continues to enhance these technologies through ongoing research and development. Mr. Cho added, “We intend to expand our Physical AI technologies across a broader range of real-world environments, including buildings and infrastructure. We will continue to pursue customers, strategic partners and additional commercial deployment opportunities in North America and other global markets while continuing to advance our core technology platform.” Physical AI and Predictive Fire Risk Intelligence The Company’s flagship Fire 4Cast system utilizes data collected from wireless sensors installed throughout monitored buildings and facilities. The Disaster AI Platform (DAP) analyzes sensor and facility data and utilizes AI and digital twin technologies to generate a Fire Risk Index. Based on this information, the platform is designed to help building and facility operators identify potential risk signals at an early stage and support timely preventive action. Expanding Commercial Deployment and International Opportunities In connection with the Company’s Nasdaq listing and capital markets activities, Roze AI received advisory and support services from Wedo Business Solutions Ltd. and River Sky Partners Inc. The Company acknowledges the contributions of these advisors in connection with its Nasdaq listing and related capital markets activities. About Roze AI Inc. The Company combines artificial intelligence, IoT sensing, data analytics and digital twin technologies to support real-time risk monitoring, risk information analysis, early identification of potential hazards and preventive safety response. For more information, please visit www.rozeai.com. Cautionary Note Regarding Forward-Looking Statements Investor Relations / Media Relations Investor Relations – North America
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