SEATTLE, WA— March 18, 2026 — Spectral Capital Corporation(OTCQB: FCCN) (“Spectral” or the “Company”), a technology investment anddevelopment company focused on artificial intelligence, digital infrastructureand quantum computing, today reported preliminary unaudited revenue in excessof $200 million from its data infrastructure businesses for the first twomonths of 2026. The revenue generated to date in 2026 positions the Companysolidly on track to meet or exceed its previously provided full-year revenueguidance of $450 million.
Revenue performanceto date in 2026 reflects continued acceleration in international data consumptionvolumes, as well as expanded bilateral agreements across the Company’s global datainfrastructure networks. The Company also now expects to report positive netincome for 2026, though a number of variables, including the timing of carriersettlements, foreign currency fluctuations, and the pace of technologyintegration across its operating subsidiaries could impact annual profitability.
Profitabilityis expected to be supported by continued, modest margin improvement from Spectral’soperating data infrastructure businesses through the integration of theCompany’s proprietary AI and AgenticAI technologies into their respective telecommunicationsplatforms. Margin improvements are expected to be more variable than therevenue outlook for the year, as they involve technology integration risks,including the timing and effectiveness of deploying AI-driven optimization,routing, and fraud prevention tools across legacy carrier infrastructure.
ManagementCommentary
“Our datainfrastructure business has started 2026 with significant momentum,” said JeniferOsterwalder, President and Chief Executive Officer of Spectral.“With over $200 million in revenue through the first two months of the year, weare confident that we are on track to meet or exceed our $450 million annualrevenue guidance. Importantly, our strategy of combining proventelecommunications infrastructure with Spectral’s AI capabilities is beginningto help scale our top-line while also driving improved unit economics which is positioningthe Company to achieve full-year profitability for 2026. We remain keenly focusedon driving further top-line and margin improvement, which we expect will helpposition Spectral increasingly favorably for a broader group of investors as weexecute our planned NASDAQ uplisting.”
“The first twomonths of 2026 have demonstrated the scalability and operating leverageinherent in our data infrastructure businesses,” said Daniel Gilcher, ChiefFinancial Officer of Spectral. “While we are encouraged by the early marginimprovement trends we are achieving, there is more work to do to effectivelyand quickly integrate our AI technologies into these operating environments. Aswe continue to progress with this work, we are seeing promising early resultsbut are mindful that the rapid pace of this integration introduces variabilitythat we have to manage diligently.”
AboutSpectral Capital Corporation
SpectralCapital (OTCQB: FCCN) is a deep‑tech IP platform that integrates R&D, IPstrategy and commercial operations to deliver scalable, high‑margin solutions.Anchored by profitable, cash‑generating digital infrastructure businesses,Spectral combines the recurring economics of IP licensing and software with thestability of long-standing operator‑led platforms. Its four-pillar model coversIP creation, monetization, software deployment, and acquisition of operatingdigital infrastructure businesses, building an AI and quantum enabled IPportfolio that can be applied across multiple operating companies and markets.For more information visit SpectralCapital.
Forward-LookingStatements
This press release contains forward-looking statements(as defined in Section 27A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934, as amended) concerningfuture events and the Company’s growth and business strategy. Words such as“expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,”“projects,” “guidance,” “on track,” and similar expressions identifyforward-looking statements. Forward-looking statements in this press release include,but are not limited to, statements regarding expected revenue, profitabilityexpectations for the current quarter and full-year, anticipated marginimprovements from AI technology integration, the Company’s ability to meet orexceed its previously communicated revenue guidance, and the expected benefitsof integrating AI technologies into the Company’s data infrastructure operations.
These statements are based on management’s currentexpectations and are subject to risks and uncertainties that could cause actualresults to differ materially, including but not limited to: the Company’sability to sustain recent revenue levels; dependence on a limited number ofcarrier relationships and customer concentration; changes in internationaltelecommunications pricing, regulation, and competitive dynamics; foreigncurrency fluctuations, particularly with respect to the euro; the ability to successfullyintegrate acquired businesses and achieve anticipated operating synergies;risks associated with the integration of AI and AgenticAI technologies intoexisting telecommunications infrastructure, including technical, operational,and timing risks; the Company’s history of operating losses and accumulateddeficit; the ability to achieve and sustain profitability; liquidity andcapital resource requirements; and general economic and market conditions. Inparticular, margins for our data infrastructure businesses have been quitemodest and we expect them to continue in line with historical trends with onlymodest improvements. These improvements cannot be guaranteed but are dependenton a number of execution risks.
The financial information presented for the first twomonths of 2026 is preliminary and unaudited and is subject to adjustment uponcompletion of the Company’s standard financial close and review procedures. TheCompany’s revenue guidance and profitability expectations should not beregarded as a representation that such results will be achieved. Investors arecautioned not to place undue reliance on any forward-looking statements. TheCompany undertakes no obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events, orotherwise, except as may be required under applicable securities laws.
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InvestorContact:
SpectralCapital Corporation
Contact@spectralcapital.com
Or
Devon Chase,Alliance Advisors IR
spectral@allianceadvisors.com