Intellistake Technologies Corp Secures C$278,000 AI Software Contract with PowerBank Corporation
Key Highlights:
- Intellistake Technologies Corp. (CSE:ISTK) (OTCQB:ISTKF) (FSE:E41) has entered into a contract with PowerBank Corporation (NASDAQ:SUUN) following the successful completion of a closed beta program, with a combined Year 1 contract value of approximately C$278,000 (Canadian dollar equivalent).
- The agreement includes initial implementation and subscription services, with the option to extend into an ongoing multi-year subscription, subject to mutual agreement.
- The contract represents Intellistake's first implementation of its AI agent strategy and supports the commencement of enterprise software revenue.
- The contract includes the build and deployment of two AI agent platforms: a public-facing AI communications agent and a bespoke internal multi-agent business intelligence framework.
- Both platforms progressed through approximately three months of proof-of-concept development prior to contract execution.
- Intellistake and PowerBank Corporation have entered into a contracted Phase 1 build and deployment, covering initial production rollout.
VANCOUVER, BC, Feb. 5, 2026 /CNW/ - Intellistake Technologies Corp. (CSE:ISTK) (OTCQB:ISTKF) (FSE: E41) ("Intellistake" or the "Company"), today announces that it has entered into a contract with PowerBank Corporation ("PowerBank") following the successful completion of a closed beta program. Under the agreement, Intellistake will build and deploy two AI agent platforms for PowerBank, including IntelliScope, the Company's bespoke business intelligence platform.
The combined Year 1 value of the two contracted platforms is approximately CA$278,000, representing the Canadian dollar equivalent of the contracted U.S. dollar amounts*. The agreement includes initial implementation and subscription services, with the option to extend into an ongoing multi-year subscription, subject to mutual agreement.
The contracts dated February 4, 2026 include the build and deployment of two AI agent platforms:
(i) A public-facing AI communications agent designed to support structured external engagement.
(ii) IntelliScope, a bespoke internal multi-agent business intelligence framework intended to support operational workflows across PowerBank's organization.
Both platforms completed approximately three months of proof-of-concept development during a closed beta phase. Following internal demonstrations and technical review, Intellistake and PowerBank have now entered into a contracted Phase 1 build and deployment, covering the delivery of minimum viable products ("MVPs") and initial production rollout.
The public-facing AI communications agent is being developed as a secure interface embedded within PowerBank's website, enabling controlled natural language access to verified public disclosures and structured, auditable responses to external enquiries. The platform is also intended to generate analytics reports that provide visibility into engagement patterns, frequently accessed topics, and usage trends, supporting internal review and reporting.
In parallel, Intellistake is deploying IntelliScope as a bespoke internal business intelligence platform, configured for PowerBank's operational workflows. The system's first application focuses on renewable energy development in the United States, equipping PowerBank with analytical intelligence to identify optimal project sites, evaluate federal and state grant eligibility, and assess regulatory conditions and sector-specific sentiment across energy subsectors. IntelliScope is designed to consolidate fragmented data sources into a single intelligence layer, supporting faster and more informed decision-making.
Jason Dussault, CEO of Intellistake, commented:
"Over the past three months, Intellistake has worked alongside PowerBank to design, test, and prepare these systems for live deployment. This engagement has been built through close collaboration, and we're confident in the systems being delivered into PowerBank's operating environment. This marks a meaningful step forward for the Company as we continue to execute on one of our core business pillars."
Liam Harpur, VP of Technology and Development at Intellistake, added:
"From a technical perspective, the focus was on validating AI system performance, data integrity, and compliance controls within a real enterprise environment. The architecture we've built provides a solid foundation that can now be deployed reliably at an enterprise level."
Dr. Richard Lu, CEO of PowerBank Corporation., commented:
"The closed beta demonstrated how these systems can support clearer and more informed decision-making across our business. These contracts allow us to move forward with deployment, and we're looking forward to seeing how these tools are applied across both our external communications and internal operations."
The deployment of these platforms reflects Intellistake's strategy as a technology company building enterprise AI systems for both external communications and internal decision-making. Together, the implementations demonstrate how modular AI architectures can be applied across regulated and data-intensive environments.
The deployment of IntelliScope reinforces Intellistake's long-term objective to enable transparent, data-driven decision-making for enterprises through AI infrastructure, while maintaining the control and flexibility required for real-world operations.
The contract includes implementation work and ongoing platform services, supporting the commencement of enterprise AI software revenue. The Company expects to provide further updates as deployment milestones are achieved.
Subject to stock exchange approval, PowerBank intends to settle the payment for the agreements through the issuance of 121,723 common shares at a deemed price of $2.29 per common share.
The Company and PowerBank have a common director in Mr. Paul Sparkes. Mr. Sparkes did not participate in the negotiation or approval process for this transaction.
*U.S. dollar amounts have been converted to Canadian dollars at a rate of US$1.00:C$1.3652.
About Intellistake
Intellistake Technologies Corp. (CSE:ISTK) is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation, and the development of enterprise AI agents, Intellistake seeks to bridges the gap between emerging decentralized networks and real-world industry adoption.
For additional information on the business of Intellistake please refer to www.intellistake.com.
About PowerBank Corporation
PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.
To learn more about PowerBank, please visit: www.powerbankcorp.com.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, all statements in respect of the Company's growth and development, the operations and business segments of the Company, the services to be provided under the contracts, the expected value of the contracts, the functionality of the technology and its benefits, Intellistake's strategy as a technology company building enterprise AI systems for both external communications and internal decision-making, and building powerful bridge between traditional finance and decentralized AI infrastructure.
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Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.
SOURCE Intellistake Technologies Corp.
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