#Canada #NameSilo Technologies #Acquisition Agreement #SewerVUE Technology #Coquitlam

NameSilo Technologies Corp. Enters Agreement with SewerVUE Technology Corp.

In an exciting development in the tech world, NameSilo Technologies Corp. (CSE: URL, PINKSHEETS: URLOF) has officially signed a definitive share purchase agreement (SPA) to acquire 100% of the shares of SewerVUE Technology Corp. Based in Coquitlam, British Columbia, SewerVUE has established itself as a pioneer in the field of large-diameter pipe inspection.

The Acquisition Details

On September 12, 2025, NameSilo's announcement confirmed the company's strategic move to enhance its technological offerings through SewerVUE's innovative inspection techniques. SewerVUE specializes in advanced inspections utilizing cutting-edge technologies such as pipe-penetrating radar and multi-sensor assessments. These developments enable municipalities and corporations to have access to precise, actionable data for maintaining essential infrastructure.

As per the terms of the SPA, NameSilo will pay C$2,450,000 to complete this acquisition, reflecting the value placed on SewerVUE's unique capabilities in the market. This deal represents not just a financial transaction, but also a significant scaling up of NameSilo’s operational capacities, promising to improve the reliability and efficiency of utility inspections.

SewerVUE Technology's Innovations

SewerVUE Technology is well-known for its contribution to the inspection industry with its advanced robotic inspection vehicles. These vehicles leverage a variety of technologies to deliver accurate assessments, including:

• - Detection of Voids: Helping to identify areas of potential failure within pipes.
• - Accurate Wall Thickness Measurements: Enabling better maintenance and planning of repair work.
• - Sediment Volume Measurements: Critical for assessing the condition and remaining useful life of pipes.

Their services cater to an extensive range of clients, from municipalities to mining corporations and engineering firms, providing comprehensive data even in the most challenging inspection scenarios. With a track record of successful projects across the globe, SewerVUE has distinguished itself as a leader in multi-sensor inspection technologies.

Future Outlook

The acquisition is subject to the fulfillment of various conditions outlined in the SPA. Additionally, NameSilo will issue 78,750 common shares at a price of $1.40 to a third-party finder as part of this transaction, with a resale restriction period of four months. Moreover, as a nod to the finder’s contribution, NameSilo will also grant them options to purchase 150,000 shares at $1.40 for up to five years.

This strategic acquisition aligns with NameSilo Technologies Corp.'s broader investment philosophy, which focuses on identifying undervalued companies and opportunities with substantial growth potential. The company intends to continue diversifying its investment portfolio beyond traditional industry boundaries.

About NameSilo Technologies

NameSilo Technologies Corp. is a prominent player in the technological investment sector, known for investing in both public and private markets. With a commitment to finding specific opportunities across various industries, the company does not offer investment advice nor engage in third-party investment operations. Furthermore, under its subsidiary NameSilo LLC, the company excels as a low-cost domain name registrar with an impressive portfolio of over 5.8 million active domains worldwide.

In conclusion, the acquisition of SewerVUE Technology Corp. by NameSilo represents a significant step forward in optimizing infrastructure management. With such advancements in technology, both companies poised for growth, the partnership promises to innovate the industry further and deliver valuable solutions to their clients.

This marks a promising chapter for NameSilo as it ventures into new arenas, equipped with SewerVUE's groundbreaking inspection technology and an expanded market reach.