VSBLTY Groupe Technologies Corp. Explores Joint Venture in Saudi Arabia

PHILADELPHIA, PA — April 1, 2026 — Leads & Copy — VSBLTY Groupe Technologies Corp. (OTC: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) has announced it has signed a Letter of Intent with Burkhan Capital Inc. and Business Platform Investment Holding Company (BPIH), a Saudi Arabian company, to explore forming a strategic joint venture.

The joint venture would focus on technology deployment and infrastructure initiatives in Saudi Arabia and surrounding markets. VSBLTY’s existing Saudi-related operations would be restructured into a new entity based in Saudi Arabia.

The parties intend to combine their capabilities to pursue opportunities involving AI-enabled security systems, data center infrastructure, computer vision, data fusion software deployments, and related technology infrastructure projects in the region.

Under the preliminary terms of the LOI, VSBLTY, Burkhan Capital, and BPIH would each own 33.3% of the joint venture, subject to negotiating and executing definitive agreements and satisfying certain conditions.

VSBLTY would contribute certain Saudi-related business operations and provide access to its software platforms and related technology capabilities. Burkhan Capital would assist in pursuing strategic development opportunities, including facilitating access to potential project opportunities, capital sources, and regional partnerships. BPIH would support local engagement and assist with regional relationships, project facilitation, and operational coordination in Saudi Arabia.

The LOI contemplates that VSBLTY would license certain software products and services to the proposed joint venture for deployment within a defined regional territory, subject to the terms of future definitive agreements.

Shahal Khan, CEO of Burkhan Capital Inc., stated that the company seeks to work with technology companies developing solutions relevant to next-generation infrastructure and security needs and that VSBLTY’s capabilities provide a strong foundation for potential projects in data center, defense, and enterprise markets.

Jay Hutton, Co-Founder and CEO of VSBLTY, said that the Letter of Intent represents an important step in expanding the company’s strategic relationships in the Middle East and that Saudi Arabia and the broader Gulf region are investing heavily in advanced technologies and infrastructure.

The parties intend to negotiate and execute definitive agreements relating to the formation and governance of the proposed joint venture, including a shareholders’ agreement and related transaction documentation. There is no assurance that definitive agreements will be entered into or that the proposed joint venture will be completed.

VSBLTY Groupe Technologies Corp. is a software provider of AI-driven computer vision solutions that transform retail and public spaces into intelligent environments. Using advanced analytics and edge computing, VSBLTY’s technology enables real-time data insights that enhance security, safety, and audience engagement.

Source: VSBLTY Groupe Technologies Corp.