In light of recent developments in AI and the Chinese company DeepSeek's launch of their open-source AI models V3 and R1, oodash Group AB (publ) ("oodash" or the "Company") comments on how this impacts the Company and its strategy.

The Company views DeepSeek's launch of their new open-source AI models and its influence on AI development very positively. DeepSeek's focus on cost-efficiency and open solutions aligns perfectly with the Company's strategy to provide AI inference, AI applications, and support for open-source AI models on the Company's decentralized network. By combining decentralization, rapid implementation, and low operational costs, the Company offers its customers modern and universal AI solutions with a focus on efficiency, GDPR compliance, security, and scalability.

The launch of DeepSeek's AI models challenges the expensive existing solutions in the AI industry, likely driving further innovation and cost reductions in AI overall. For the Company, this presents even greater opportunities to strengthen its position in the advanced AI technology market as companies increasingly recognizes alternatives to the large, closed models such as OpenAI's.

Arli Charles Mujkic, CEO, Comments:
"The launch of DeepSeek's V3 and R1 models has garnered significant attention within the AI industry over the past few days. These models are more cost-effective than existing closed models and are also offered as open-source solutions. We see this as confirmation that open AI models and decentralized networks are the future, which is only positive for us.

We deployed DeepSeek V3 and R1 on the same day they were released. This clearly demonstrates our ability to quickly implement new AI solutions and models as they become available. These models are optimized to require less advanced hardware, further reducing operational costs and enabling faster availability for our customers, in addition to being run on a decentralized network. This aligns perfectly with the Company's strategy to provide cost-effective and secure AI solutions.

The launch of DeepSeek's AI models, along with other models such as Llama, Qwen, Gemma, and Mistral, highlights the rapid development within the open-source space. This trend strengthens the Company's position in the market, as our infrastructure is specifically designed to run open-source AI solutions in a decentralized manner. The more advantages these models provide, the better we can meet our customers' needs.”

For further information, please contact:
Arli Charles Mujkic, CEO, oodash Group AB
Email: charlie@ooda.ai
Telephone: +49 176 626 999 64

Måns Pontén Söderlind, Deputy CEO, oodash Group AB
Email: mans@ooda.ai
Telephone: +46 70 766 47 71

About oodash Group AB
OODA AI is a group of companies with a focus on artificial intelligence (AI) and software-as-a-service (SaaS). The group of companies provides AI services in the form of decentralized and distributed AI computing, AI tools as well as AI consulting, training and implementation. The group of companies operates on a global market, the head offices are located in Stockholm (Sweden) and Munich (Germany). Listed on Nasdaq Stockholm First North, also traded on Börse Frankfurt, Börse Stuttgart and Börse München.

For more information, www.ooda.ai

The company's Certified Adviser is Eminova Fondkommission AB | 08-684 211 00 | info@eminova.se