Argo Launches Smart Routing™ in Caledon, Expanding Network to Third Municipality

Argo completes rapid deployment of smart transit infrastructure and service across three Caledon communities in approximately three months

TORONTO, Sept. 15, 2026 (GLOBE NEWSWIRE) — Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF) (“ Argo ” or the “ Company ”), a leader in next-generation public transit solutions, today announced the launch of its proprietary Smart Routing™ transit infrastructure and service in the Town of Caledon, expanding Argo’s network to a third municipality.

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The service operates across Bolton, Caledon East and Mayfield West/Southfields. Riders can request trips through the Argo Transit app or by phone, travel point-to-point within and between the three service areas, and connect with GO Transit, Brampton Transit and York Region Transit. As previously announced, the agreement provides an aggregate fee to Argo of approximately $4.5 million over its initial 15-month term, excluding additional potential fare revenue retained by Argo.

Growing communities globally need more convenient access to transit, while governments are allocating significant infrastructure and operating funding to expand it. Argo’s patent-pending Smart Routing™ solution is designed to help municipalities and transit agencies turn that need and funding into operating transit infrastructure faster, while improving access and service efficiency.

“We built Smart Routing™ so public transit can meet people where they are, connect riders seamlessly across local and regional networks, and be deployed in weeks and not years,” said Praveen Arichandran, Co-founder and CEO of Argo. “Caledon went from agreement signing to a fully operating electric Smart Routing™ transit network across three communities in approximately three months. We believe this is an infrastructure model that can scale to growing communities around the world.”

For additional information about the Caledon service, visit rideargo.com/caledon.

Argo delivers the first-ever vertically and publicly integrated city transit system, designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. Learn more at www.rideargo.com .