CIMG Inc. ("CIMG" or the "Company") (NASDAQ:CIMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today announced it has entered into a memorandum of understanding (the "MOU") with Quack AI to explore a strategic collaboration aimed at integrating AI-driven intelligence into compliant digital asset and decentralized finance (DeFi) infrastructure.

The parties intend to explore opportunities to bridge the gap between AI automation and the secure, regulated financial ecosystem, enabling autonomous software agents to perform economic activity and exchange value at scale. The initiative is expected to focus on intelligent, self-executing digital asset strategies for high efficiency.

The parties intend to leverage CIMG's expertise in financial compliance and institutional structuring alongside Quack AI's cutting-edge capabilities in autonomous AI and machine learning. The goal is to explore a fully compliant, enterprise-grade Crypto+AI solution intended to simplify the operational complexities of M2M commerce for institutional clients.

The MOU reflects the parties' current intention to explore a potential future partnership. Any transaction will be subject to further negotiations and the execution of definitive agreements between the parties.