Spectral Capital and MultiCortex Execute Definitive Term Sheet Positioning to Build a Global Leader in Native AI, Heterogeneous, and Quantum-Ready Computing

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Spectral Capital and MultiCortex Execute Definitive Term Sheet  

Positioning to Build a Global Leader in Native AI, Heterogeneous, andQuantum-Ready Computing

 

Seattle, WA – October 8, 2025 – SpectralCapital Corporation (OTCQB: FCCN) (“Spectral”) announced today that it hasexecuted a binding term sheet to acquire MultiCortex, LLC, a world leader inthe design and deployment of heterogeneous computing systems optimized forartificial intelligence (AI).

This transaction positions the combinedcompany to lead a new era of computing — one defined by native AI operatingsystems, AI-native heterogeneous architectures, and quantum-ready integration.While most current PCs exhibit a small degree of heterogeneity through CPUs,HPU, XPU and GPUs, few systems integrate native AI Accelerators directly intotheir architecture. As AI becomes central to nearly all computing tasks, thedemand for systems that support persistent, private, and local AI capabilitieshas never been greater.

“Today’s consumer and business users aredevoting an ever-increasing percentage of their computer time to AI tasks,”said Jenifer Osterwalder, CEO of Spectral Capital. “They want their AI to beavailable across applications, to update automatically, and to run locally formaximum privacy. The Spectral–MultiCortex combination uniquely addresses thisneed with systems purpose-built for AI-native performance, privacy, andadaptability. Together, we expect to become a global leader in next-generationAI hardware and operating systems.”

MultiCortex has established itself as aninnovative company in heterogeneous computing, offering a complete andoptimized operating system for Artificial Intelligence processing includingComputer Vision, Large Language Models (LLMs), Vision-Language Models (VLMs),Automatic Speech Recognition (ASR), and other high-performance segments. Thecompany’s platform enables seamless deployment of AI workloads across diverseprocessors and accelerators, delivering unprecedented efficiency andscalability.

Beyond its proven expertise in AI-nativesystem design, MultiCortex is also advancing the intersection of AI operatingsystems and quantum computing. Led by Chief Technology Officer, Alessandro “Cabelo”Faria, an Intel Global Innovator, the company is building an architecturedesigned to seamlessly leverage hybrid quantum cloud computing as it becomescommercially viable. This integration will provide MultiCortex users an earlyand sustained advantage in adopting quantum-accelerated AI applications —enabling them to tackle complex workloads with unmatched speed and precision.

“Combining MultiCortex’s proven hardwaredesign and systems expertise with Spectral’s deep intellectual propertyportfolio and financial resources creates a powerhouse for innovation,” saidThiago Moura da Silva, of MultiCortex. “Our shared vision is to build computersthat think locally — machines where AI is not an add-on, but a nativecapability woven into the fabric of the operating system itself. And as quantumcomputing comes online, our users will be among the first to benefit from truehybrid AI-quantum workflows.”

Following completion of a PCAOB-certifiedaudit and Spectral’s uplisting to the Nasdaq Capital Market, Spectral willinvest up to $15 million in the MultiCortex business unit to accelerate productdevelopment and commercialization. Spectral also anticipates leveraging itsextensive patent library and filing infrastructure to become the world’slargest filer of new native AI operating system patents by the end of 2025.

The companies expect to complete duediligence and finalize definitive agreements shortly, with closing subject tocustomary approvals and conditions.

About Spectral Capital Corporation

Spectral Capital (OTCQB: FCCN) is aninnovation-driven company focused on building, acquiring, and scaling productsat the frontier of artificial intelligence. Spectral’s strategy combinesoriginal invention, an active pending‑patent pipeline, and disciplined productization to create durablevalue across enterprise and SMB markets. For more information visit Spectral Capital.

About MultiCortex, LLC

MultiCortex is a leader in heterogeneouscomputing and AI-native operating systems, integrating CPUs, GPUs, and AIAccelerators to achieve unmatched performance and efficiency. With deepexpertise at the frontier of AI and quantum computing, and a CTO recognized asan Intel Global Innovator, MultiCortex is pioneering systems that seamlesslyleverage hybrid quantum cloud computing to give users a decisive technologicaledge.

Media Contact:
Spectral Capital Corporation
Contact@spectralcapital.com
www.spectralcapital.com

Forward-Looking Statements

This press release contains forward-lookingstatements (as defined in Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities Exchange Act of 1934, as amended)concerning future events and FCCN's growth and business strategy. Words such as"expects," "will," "intends," "plans,""believes," "anticipates," "hopes,""estimates," and variations on such words and similar expressions areintended to identify forward-looking statements. Although FCCN believes thatthe expectations reflected in such forward-looking statements are reasonable,no assurance can be given that such expectations will prove to have beencorrect. These statements involve known and unknown risks and are based upon anumber of assumptions and estimates that are inherently subject to significantuncertainties and contingencies, many of which are beyond the control of FCCN.Actual results may differ materially from those expressed or implied by suchforward-looking statements. Factors that could cause actual results to differmaterially include, but are not limited to, changes in FCCN's business;competitive factors in the market(s) in which FCCN operates; risks associatedwith operations outside the United States; and other factors listed fromtime to time in FCCN's filings with the Securities and Exchange Commission.FCCN expressly disclaims any obligations or undertaking to release publicly anyupdates or revisions to any forward-looking statements contained herein toreflect any change in FCCN's expectations with respect thereto or any change inevents, conditions or circumstances on which any statement is based.

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