LAS VEGAS, NV

KeyState is pleased to announce that Patrick Mulloy has joined the firm as Senior Vice President – Business Development. With more than 25 years of experience serving financial institutions, Mulloy will help expand KeyState’s relationships with community banks by introducing the firm’s innovative tax, investment, and strategic solutions.

Mulloy joins KeyState from RSM, where he served as a partner in the firm’s Financial Services practice and led the national Financial Institutions industry. Throughout his career, he has advised financial institutions ranging from approximately $100 million to more than $100 billion in assets, including banks, credit unions, mortgage companies, specialty finance organizations, trusts, investment companies, private equity firms, and hedge funds.

A certified public accountant, Mulloy is widely recognized as a leader in the financial services industry. He has served as President of the Financial Managers Society’s Philadelphia Chapter and has been active with the Pennsylvania Institute of Certified Public Accountants, the American Institute of Certified Public Accountants, and numerous nonprofit and academic organizations.

“Patrick brings exceptional industry expertise, credibility, and trusted relationships within the community banking industry,” said JD David, EVP – Strategy & Growth of KeyState. “His experience advising financial institutions and understanding the challenges bank leaders face make him an outstanding addition to our team. Patrick will help more community banks discover how KeyState’s solutions can strengthen earnings, improve tax efficiency, and support long-term strategic growth.”

In his new role, Mulloy will work closely with community bank executives nationwide, advising them on renewable energy tax credit investments, investment subsidiary structures, and other strategic solutions designed to enhance earnings, improve tax efficiency, and create long-term shareholder value.

“I’m excited to join KeyState and introduce more community banks to the firm’s innovative solutions,” said Patrick Mulloy. “Community banks have an opportunity to be far more intentional about managing their tax liability, and I’m excited to help more institutions understand how renewable energy tax credit investments can increase annual earnings while supporting investments in the communities they serve. KeyState has built an exceptional platform and team, and I look forward to helping more financial institutions unlock new opportunities for growth.”

About KeyState

KeyState provides community banks and middle market companies with independent and innovative investment and insurance structures that have a meaningful impact on earnings. KeyState manages over $22 billion in bond portfolios for community banks, and KeyState’s SOLCAP renewable energy tax credit platform has raised and deployed over $1 billion financing over 200 renewable energy projects across the US. Founded in 1991, KeyState serves over 140 community banks and over 200 companies across the country. Based in Las Vegas, NV, KeyState has additional offices in Wilmington, DE; Denver, CO; and Burlington, VT.

For more information, visit www.key-state.com.

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ISTANBUL, Turkiye

ISTANBUL, Turkiye and NEW YORK, 07.28.2026 – Gersan Elektrik Ticaret ve Sanayi A.S. (“Gersan Elektrik,” “Gersan” or the “Company”) (BIST: GEREL; OTCQX: GERLF), a Turkiye-based publicly traded industrial manufacturer operating in the electrical equipment, energy distribution and electromechanical infrastructure sectors, today announced that its ordinary shares now trade on the OTCQX Best Market in the United States under the ticker symbol “GERLF.”

Gersan Elektrik continues to trade on Borsa Istanbul under the ticker symbol “GEREL.” U.S. investors can now find current financial disclosure and market information for the Company on www.otcmarkets.com under the symbol “GERLF.”

The Company also participated in a market open ceremony at OTC Markets Group’s New York office on July 28, 2026, together with representatives of Gersan Elektrik, Usul Ventures and invited guests from the Turkish and international business community. The ceremony is expected to mark an important communication milestone for the Company’s U.S. capital markets presence.

Gersan Elektrik is one of Turkiye’s established industrial companies in the electrical sector. The Company designs, manufactures and supplies products and systems that support the transmission, distribution, organization and protection of electrical conductors across a wide range of infrastructure applications. Its product portfolio includes busbar systems, cable carrier systems, grounding systems, electrical panels, EV charging systems, automation systems, lighting systems and related electromechanical infrastructure solutions.

Gersan’s products are used in industrial facilities, commercial buildings, airports, refineries, hospitals, hotels, power transmission projects, renewable energy-related infrastructure and other critical infrastructure applications. The Company’s busbar systems are also relevant to modern electrical infrastructure projects, including data center installations, where efficient power distribution, installation quality and operational reliability are key considerations.

In recent weeks, Gersan also announced that it had initiated a strategic acquisition process intended to support potential U.S.-based production of its busbar products, including applications in data center installations, one of the important end markets for this product group. This initiative forms part of the Company’s broader strategy to evaluate international business development opportunities that may complement its core industrial activities and strengthen its commercial presence in selected markets.

Gersan’s commencement of trading on OTCQX under the symbol GERLF represents a significant step in the Company’s international capital markets strategy. By making the Company’s public disclosures and trading information more accessible to U.S.-based investors, Gersan aims to strengthen its international visibility, broaden awareness of its industrial platform and support a more structured investor communication framework outside Turkiye.

The Company believes that its recent steps in both capital markets and real-sector business development reflect a coordinated internationalization strategy. While GERLF’s trading on OTCQX is intended to enhance capital markets visibility and information access for U.S. investors, Gersan’s ongoing business development initiatives are focused on identifying opportunities that are aligned with the Company’s core industrial capabilities, product portfolio and long-term growth discipline.

“Gersan’s trading commencement on OTCQX under the ticker GERLF is an important milestone for our Company’s international visibility,” said Erkan Izgi, Chairman of the Board of Gersan Elektrik. “We have built Gersan on a long-standing industrial foundation, and our objective is to carry this experience into a broader international framework. We intend to pursue investment and growth initiatives that are aligned with our core business, supported by disciplined financial planning and consistent with our public disclosure obligations.”

Mr. Izgi continued: “Our recent capital markets step in the United States and our ongoing business development initiatives should be viewed as complementary parts of the same strategy. We aim to strengthen Gersan’s international presence not only through investor communication, but also through real-sector opportunities that may support our product capabilities, market access and long-term institutional positioning. As we move forward, we will continue to evaluate opportunities carefully and transparently, with a focus on sustainable growth.”

Usul Ventures, an international capital markets and strategic advisory firm included in OTC Markets Group’s Premium Provider Directory, has acted as process manager and strategic advisor to Gersan Elektrik in connection with the Company’s OTCQX trading process and related international capital markets positioning. Following the trading commencement, Usul Ventures is expected to continue supporting the Company’s U.S. market communication strategy, investor relations framework, business development positioning and post-trading engagement initiatives, in coordination with the Company and its professional advisors.

Trading on the OTCQX Market offers qualified international companies efficient access to the U.S. capital markets. For companies whose securities trade on a qualified international market, OTCQX provides a framework that enables them to make their home market disclosure available to U.S. investors. To qualify for OTCQX, companies must meet financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Gersan Elektrik intends to continue communicating material developments through Turkiye’s Public Disclosure Platform, Borsa Istanbul-related public reporting channels and its official investor communication channels. The Company’s international investor communication activities are intended to provide context around publicly available information and are not intended to provide investment advice, price targets, trading recommendations or selective disclosure of material non-public information.

About Gersan Elektrik Ticaret ve Sanayi A.S.

Gersan Elektrik Ticaret ve Sanayi A.S. is a Turkiye-based publicly traded industrial manufacturer operating in the electrical equipment, energy distribution and electromechanical infrastructure sectors. The Company designs, manufactures and supplies cable carrier systems, busbar systems, grounding systems, electrical panels, EV charging systems, automation systems, lighting systems and related infrastructure products used in industrial facilities, buildings, airports, refineries, hospitals, hotels, power transmission projects, renewable energy-related applications and other critical infrastructure projects.

Gersan Elektrik trades on Borsa Istanbul under the ticker symbol GEREL and now trades on the OTCQX Best Market in the United States under the ticker symbol GERLF.

For further information, please visit www.gersan.com.tr.

About Usul Ventures

Usul Ventures is an international capital markets and strategic advisory firm supporting companies in cross-market access, investor communication, corporate positioning and transaction-related advisory processes. Usul Ventures is included in OTC Markets Group’s Premium Provider Directory and has supported Gersan Elektrik in connection with its OTCQX trading process and related U.S. market positioning.

No Offer or Solicitation

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States, Turkiye or any other jurisdiction. No securities may be offered or sold in any jurisdiction except pursuant to registration or an applicable exemption under applicable securities laws.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements regarding the Company’s international business development strategy, U.S. market communication activities, potential acquisition processes, potential U.S.-based production capabilities, investor communication strategy, market visibility, growth initiatives and other plans or expectations. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, many of which are outside the Company’s control. Actual results, timing, approvals, agreements, market conditions and outcomes may differ materially. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

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New York, USA

ZVOX, the AI-powered SaaS platform for the insurance industry, today announced the appointment of Al Garcia as Vice President of Sales. Garcia joins the executive leadership team to drive commercial growth and strengthen strategic partnerships across the U.S. and accelerate adoption of its AI-powered customer acquisition platform.

Widely regarded for building high-performing inside sales organizations within the insurance lead ecosystem, Garcia brings more than 20 years of experience building high-performing sales organizations and cultivating strategic agency partnerships. Throughout his career, he has partnered with insurance agencies of all sizes and is widely recognized for helping organizations build scalable and high-performance sales cultures. Before joining ZVOX, Garcia held leadership positions at Hubexo, SmartFinancial, Precise Leads and InsuranceAgents.com, where he successfully led sales expansion initiatives and built teams focused on delivering measurable business outcomes.

In addition to his executive leadership experience, Garcia has earned recognition as a thought leader in sales excellence. His book, The Sales Floor, distills decades of real-world experience into practical strategies for building high-performance sales cultures, inspiring teams and driving sustainable growth. In his new role, Garcia will focus on building a scalable, high-performing sales team that supports ZVOX’s long-term growth ambitions.

Amitt Sharma, Founder, ZVOX, said, “Al has built an exceptional career helping sales organizations grow and creating lasting value for insurance agencies. His deep understanding of the insurance ecosystem, combined with his passion for building high-performing teams, makes him the ideal leader to spearhead our next phase of growth. As demand for AI-driven customer engagement continues to rise, Al’s leadership will help us deepen relationships across the industry and deliver even greater value to our customers.”

Al Garcia, Vice President – Sales, ZVOX, said, “ZVOX is building exactly the kind of AI platform the insurance industry needs, one that helps agencies engage consumers more intelligently while improving operational efficiency. Joining ZVOX is an exciting opportunity because the company has a clear vision, a strong team and an unwavering commitment to transforming the insurance industry through artificial intelligence. I’m looking forward to building a high-performing sales organization at ZVOX that is known not only for delivering results but also for its culture, consistency and dedication to helping insurance agents succeed.”

Built as a SaaS platform for carriers, distributors and agencies, ZVOX is on a mission to redefine how the insurance industry acquires, engages and converts customers through AI. By unifying acquisition intelligence, engagement orchestration and performance optimization in a single platform, the company is helping insurers deliver smarter, more connected customer experiences.

Strategic leadership hires, including the appointment of Al Garcia, are a key part of ZVOX’s broader investment in talent, innovation and market expansion as it continues to scale across the United States.

About ZVOX

ZVOX is an AI-powered SaaS platform transforming how the insurance industry acquires, engages and converts consumers. Built for carriers, distributors and agencies, the platform combines real-time acquisition intelligence with AI-driven engagement orchestration to help insurers identify the right consumers and determine the most effective outreach pathway across voice, SMS and email. By bringing decision intelligence into the acquisition funnel, ZVOX enables insurance enterprises to improve conversion efficiency, reduce acquisition waste and scale performance-driven growth in an increasingly competitive digital marketplace.

Website link: https://www.zvox.ai/

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