FreeCast Inc. (NASDAQ: CAST), a next-generation streaming media Platform-as-a-Service (PaaS) company, today outlined a global strategy centered on what it believes could become one of the telecommunications industry’s significant emerging opportunities: helping connectivity providers participate in the media economy after the consumer connects.

Telecommunications companies have invested trillions of dollars building fiber, wireless networks, towers, spectrum and other infrastructure. Satellite broadband, 5G, fixed wireless, Direct-to-Device (D2D), Direct-to-Mobile (D2M), next-generation broadcasting and expanding fiber networks are now creating additional ways to connect consumers around the world.

FreeCast believes these technologies do not have to compete for the media layer. They can all monetize it.

Consumers spend an average approximately 2.78 hours each day viewing video, according to industry estimates. FreeCast sees those hours as an addressable media ecosystem encompassing streaming television, sports, subscriptions, advertising, premium programming, payments and other transactions.

“The networks have already done the extraordinarily difficult and expensive job of connecting the world,” said William Mobley, CEO of FreeCast. “Our opportunity is not to replace those networks. It is to provide a media and transaction layer that can help them create more value from customer relationships they already have.”

FreeCast’s PaaS is designed to enable MNOs, MVNOs, ISPs, satellite operators, D2D/D2M providers, broadcasters and other organizations to offer branded media experiences without independently developing the full technology infrastructure traditionally required to aggregate, discover, manage and monetize streaming entertainment.

The model can bring together free ad-supported programming, FAST channels, AVOD, premium services, sports, movies, subscription management, advertising and transaction capabilities within a unified consumer experience. FreeCast also has commercial relationships spanning connectivity and premium television, including Starlink Business and various global content partner-related initiatives.

The global implications are significant to FreeCast’s strategy.

Rather than requiring a completely different technology platform for each market, FreeCast’s PaaS is designed as an underlying infrastructure that can be adapted for different providers, territories, programming, languages and commercial requirements. A telecommunications provider could retain its own brand and customer relationship while using FreeCast technology to help establish its own Media & Transaction Hub.

That creates a straightforward proposition:

Different countries. Different networks. Different content. One underlying monetization platform.

The strategy also comes as FreeCast enters a new phase as a Nasdaq-listed company. In July 2026, FreeCast completed a private placement generating approximately $23.7 million in gross proceeds, before fees and expenses, from new institutional and existing long-term investors. The Company has stated that proceeds are intended for working capital and general corporate purposes. FreeCast also maintains an additional $50M equity line of credit, subject to its terms and conditions.

For FreeCast, the investment thesis behind the strategy is therefore not dependent upon which connectivity technology ultimately dominates.

Fiber can expand. 5G can expand. Satellite can expand. D2D can expand. MVNOs can expand. ATSC 3.0 can expand.

Each potentially creates additional connected endpoints and prospective distribution opportunities for media services.

FreeCast believes the next stage of telecommunications may increasingly move from simply measuring who connects the consumer toward determining who participates economically in what the consumer does after connecting.

FreeCast intends to position its PaaS at that intersection, above connectivity, across networks, and between global providers and the expanding digital media economy.

Important Cautions Regarding Forward-Looking Statements

All statements other than statements of historical facts included in this press release are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). Generally, such forward-looking statements include statements regarding expectations, possible or assumed future actions, business strategies, events or results of operations, including statements regarding expectations or predictions or future financial or business performance or conditions and those statements that use forward-looking words such as “projected,” “expect,” “possibility” and “anticipate,” or similar expressions. The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions. Actual results could differ materially from current projections or implied results. The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management are under no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statements following the date of this news release, whether because of new information, future events or otherwise, except as required by law.

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