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VERSES® Signs Algo8 As Genius™ Enterprise Customer

Industrial AI firm plans to use Genius for Smarter Manufacturing at Global 2000 Customers

VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSD) ("VERSES'' or the "Company”), a cognitive computing company specializing in next-generation agentic software systems has signed Algo8 as a Genius enterprise customer. Algo8 also plans to become a certified Genius reseller. Algo8 is an industrial AI company serving asset-heavy Fortune 500 and Global 2000 customers such as Vedanta, Jindal Steel & Power, and Tata.

Algo8 plans to use Genius to power new advanced predictive capabilities through their PlantBrain™ platform. PlantBrain is designed to make data-driven decisions that can drive significant improvements in efficiency, reliability, profitability, and safety. It provides domain-specific applications for energy, metals, automotive, healthcare, insurance and pharmaceuticals.

Expected use cases from incorporating Genius include predictive maintenance, demand forecasting, production planning, and energy optimization, as well as building digital twins to optimize manufacturing plant processes.

“I am delighted to welcome Algo8 as a new enterprise customer,” said Michael Wadden, Chief Commercial Officer of VERSES. “Genius is designed to generate reliable and adaptive industry specific predictions and decisions which makes it well-suited for high stakes, constantly changing, environments.”

Nandan Mishra, CEO and founder of Algo8, said "Industrial AI must evolve from static models to systems that can think, reason, and adapt in real time. That’s why our collaboration with VERSES is more than just a product integration, it’s a step towards smart industry. We aim to teach machines to think like engineers, planners, and energy managers — at scale, with speed, and with trust."

About VERSES
VERSES is a cognitive computing company building next-generation agentic software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at verses.ai, LinkedIn and X.

On behalf of the Company
Gabriel René, Founder & CEO, VERSES AI Inc.
Press Inquiries: press@verses.ai
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
IR@verses.ai, +1(212)970-8889

About Algo8
Algo8 is redefining industrial performance with its cognitive platform PlantBrain, deployed across energy, chemical, and manufacturing enterprises. With entities in the USA, Canada, UK, India, and now the Netherlands — Algo8 is building the Cognitive Operating System for Industry.

Algo8 brings together advanced machine learning, generative AI, and AI-powered digital twins to drive hyper-automation, zero-downtime operations, and continuous process intelligence.

Press for Algo8: press@algo8.ai | www.algo8.ai

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements which constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information, including, but not limited to, that Algo8 expects to become a VERSES certified Genius reseller; and the expected usage, results and impacts of Algo8’s plans to use Genius within its PlantBrain™ platform.

The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that Algo8 will become a VERSES certified Genius reseller; and that Algo8 will successfully integrate Genius into its PlantBrain™ platform to deliver the anticipated results and impacts. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to that Algo8 will not become a VERSES certified Genius reseller; and that Algo8 will not successfully integrate Genius into its PlantBrain™ platform, or may not deliver the anticipated results or impacts following integration. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.

The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.


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