Portfolio Update

December 23, 2025

Spectral Capital’s Fortytwo Telecom Advances Enterprise Messaging with Telegram-Based P2P Platform

Fortytwo Telecom prepares to launch a Telegram-based enterprise messaging platform with secure onboarding, AI-powered engagement, and SMS failover.

New platform expands Fortytwo’s global reach with secure, certified Telegram communications, advanced onboarding, AI-driven customer engagement, and SMS failover.

Santa Venera, Malta, December 23, 2025 — Spectral Capital Corporation (OTCQB: FCCN) (“Spectral” or the “Company”) today announced a significant product milestone from its portfolio company Fortytwo Telecom (“Fortytwo”), which is preparing the market launch of a Telegram-based P2P technology platform designed to enable secure, enterprise-grade digital communications.

Over the past few months, Fortytwo has completed the development of a new technology platform that leverages Telegram as a native P2P communication channel, enabling enterprises to engage directly with their end users through rich, interactive, and multimedia content. This solution complements Fortytwo’s established messaging portfolio, which enterprise clients widely use for SMS-based security communications (OTP) as well as marketing and advertising campaigns.

In parallel, Fortytwo has finalised its commercial and go-to-market model, with the platform scheduled for commercial availability starting in January. The company has already secured its first enterprise customers, marking an important step toward broader market adoption.

A key differentiator of the platform is its Telegram-native end-user onboarding and identity matching component. Fortytwo’s technology enables enterprise clients to securely associate end-user phone numbers and device data with customer records stored in their CRM systems. This establishes a certified and trusted communication channel, enabling enterprises to interact with end users in a secure, compliant, and fully traceable manner.

Once this certified channel is established, enterprises can activate a wide range of communication use cases on Telegram, including security notifications, transactional messaging, marketing initiatives, and sales-driven advertising and promotional campaigns.

The platform also supports the deployment of AI-powered customer care and customer service bots directly on Telegram. By leveraging an already authenticated and trusted communication channel, enterprises can automate customer interactions and support workflows using artificial intelligence, while maintaining high levels of reliability, continuity, and user trust.

From an infrastructure and reliability perspective, the platform incorporates advanced routing and failover logic. While Telegram enables instant and interactive messaging, the system is designed to automatically fall back to the SMS channel whenever coverage or reachability may be impacted, ensuring uninterrupted communication and enterprise-grade service continuity on a global scale.

This evolution represents a further step in strengthening Fortytwo’s positioning as a technology company in the market, expanding the share of value-added and sales-oriented products within its portfolio of communication solutions, in line with Spectral Capital’s vision of scalable, technology-driven growth.

About 42 Telecom Ltd.

42 Telecom Ltd. (“42”) is a global leader in SMS-based communication technologies, including secure messaging and two-factor authentication services used by major enterprises and telecommunications carriers around the world. 42 is the leading external provider of such services to Vietnam and also holds a significant market position across multiple international jurisdictions.

About Spectral Capital Corporation

Spectral Capital (OTCQB: FCCN) is building the next generation of AI- and quantum-enabled digital infrastructure. With an extensive patent and IP portfolio across AI and quantum technologies, Spectral is the acquirer of choice for digital infrastructure including telecommunications, voice, SMS technologies and edge data centers. Spectral’s strategy combines original invention, an active pending-patent pipeline, and disciplined productization to create durable value across enterprise and SMB markets. For more information, visit Spectral Capital.

Contact

contact@spectralcapital.com

www.spectralcapital.com

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements.

Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN.

Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission.

FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

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Footnotes

FORWARD-LOOKING STATEMENTS. This website contains forward-looking statements. All statements other than statements of historical fact, including statements concerning the Company's strategy, plans, objectives, prospects, future operations, acquisitions, integration activities, technology and intellectual property development, commercialization efforts, market opportunities, expected financial position, revenue, costs, profitability, capital requirements, use of proceeds and anticipated industry trends, are forward-looking statements. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on the Company's current expectations, estimates, assumptions and projections and are subject to known and unknown risks, uncertainties and other factors. These factors may cause actual results, performance or achievements to differ materially and adversely from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others, the Company's ability to complete the proposed offering; obtain and maintain a listing on The Nasdaq Capital Market; execute its business and acquisition strategies; successfully integrate acquired businesses; develop, protect and commercialize its intellectual property and technology; achieve or maintain profitability; obtain additional financing when required; maintain effective internal control over financial reporting; and respond to competition, technological changes and changing market conditions.

Prospective investors should carefully review the risks and uncertainties described under "Risk Factors" and elsewhere in the preliminary prospectus and in the Company's other filings with the SEC. Forward-looking statements are predictions only and should not be relied upon as guarantees of future events or performance. The Company cannot assure prospective investors that the events and circumstances reflected in the forward-looking statements will occur or that the Company's expectations will prove correct. Except as required by applicable law, neither the Company nor the underwriters undertake any obligation to update or revise any forward-looking statement after the date of this presentation, whether as a result of new information, future events or otherwise.

The Company's internal estimates are based on information available as of the date of this presentation and on assumptions that management believes to be reasonable, but no assurance can be given as to their accuracy.

INVESTMENT RISK. An investment in the Common Stock is highly speculative, involves a high degree of risk and should be considered only by persons who can afford the loss of their entire investment. Prospective investors should carefully consider all information contained in the preliminary prospectus, including the matters described under "Risk Factors," before making an investment decision.


*unaudited revenue for the six months ended June 30, 2026

© 2026 Spectral Capital Corporation — All Rights Reserved

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Footnotes

FORWARD-LOOKING STATEMENTS. This website contains forward-looking statements. All statements other than statements of historical fact, including statements concerning the Company's strategy, plans, objectives, prospects, future operations, acquisitions, integration activities, technology and intellectual property development, commercialization efforts, market opportunities, expected financial position, revenue, costs, profitability, capital requirements, use of proceeds and anticipated industry trends, are forward-looking statements. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on the Company's current expectations, estimates, assumptions and projections and are subject to known and unknown risks, uncertainties and other factors. These factors may cause actual results, performance or achievements to differ materially and adversely from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others, the Company's ability to complete the proposed offering; obtain and maintain a listing on The Nasdaq Capital Market; execute its business and acquisition strategies; successfully integrate acquired businesses; develop, protect and commercialize its intellectual property and technology; achieve or maintain profitability; obtain additional financing when required; maintain effective internal control over financial reporting; and respond to competition, technological changes and changing market conditions.

Prospective investors should carefully review the risks and uncertainties described under "Risk Factors" and elsewhere in the preliminary prospectus and in the Company's other filings with the SEC. Forward-looking statements are predictions only and should not be relied upon as guarantees of future events or performance. The Company cannot assure prospective investors that the events and circumstances reflected in the forward-looking statements will occur or that the Company's expectations will prove correct. Except as required by applicable law, neither the Company nor the underwriters undertake any obligation to update or revise any forward-looking statement after the date of this presentation, whether as a result of new information, future events or otherwise.

The Company's internal estimates are based on information available as of the date of this presentation and on assumptions that management believes to be reasonable, but no assurance can be given as to their accuracy.

INVESTMENT RISK. An investment in the Common Stock is highly speculative, involves a high degree of risk and should be considered only by persons who can afford the loss of their entire investment. Prospective investors should carefully consider all information contained in the preliminary prospectus, including the matters described under "Risk Factors," before making an investment decision.


*unaudited revenue for the six months ended June 30, 2026

© 2026 Spectral Capital Corporation — All Rights Reserved

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Digital Infrastructure. Operating at Scale.
Build to Grow.
Footnotes

FORWARD-LOOKING STATEMENTS. This website contains forward-looking statements. All statements other than statements of historical fact, including statements concerning the Company's strategy, plans, objectives, prospects, future operations, acquisitions, integration activities, technology and intellectual property development, commercialization efforts, market opportunities, expected financial position, revenue, costs, profitability, capital requirements, use of proceeds and anticipated industry trends, are forward-looking statements. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on the Company's current expectations, estimates, assumptions and projections and are subject to known and unknown risks, uncertainties and other factors. These factors may cause actual results, performance or achievements to differ materially and adversely from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others, the Company's ability to complete the proposed offering; obtain and maintain a listing on The Nasdaq Capital Market; execute its business and acquisition strategies; successfully integrate acquired businesses; develop, protect and commercialize its intellectual property and technology; achieve or maintain profitability; obtain additional financing when required; maintain effective internal control over financial reporting; and respond to competition, technological changes and changing market conditions.

Prospective investors should carefully review the risks and uncertainties described under "Risk Factors" and elsewhere in the preliminary prospectus and in the Company's other filings with the SEC. Forward-looking statements are predictions only and should not be relied upon as guarantees of future events or performance. The Company cannot assure prospective investors that the events and circumstances reflected in the forward-looking statements will occur or that the Company's expectations will prove correct. Except as required by applicable law, neither the Company nor the underwriters undertake any obligation to update or revise any forward-looking statement after the date of this presentation, whether as a result of new information, future events or otherwise.

The Company's internal estimates are based on information available as of the date of this presentation and on assumptions that management believes to be reasonable, but no assurance can be given as to their accuracy.

INVESTMENT RISK. An investment in the Common Stock is highly speculative, involves a high degree of risk and should be considered only by persons who can afford the loss of their entire investment. Prospective investors should carefully consider all information contained in the preliminary prospectus, including the matters described under "Risk Factors," before making an investment decision.


*unaudited revenue for the six months ended June 30, 2026

© 2026 Spectral Capital Corporation — All Rights Reserved