LOS ANGELES, CA - October 23, 2025 (NEWMEDIAWIRE) - Forward Industries (NASDAQ: FORD), a leading Solana treasury company, has engaged IBN, a multifaceted financial news and publishing firm serving private and public entities, to enhance its corporate communications strategy. The company manages one of the largest Solana (SOL) treasuries among public firms, holding over 6.87 million SOL as of Oct. 15, 2025, and has deployed approximately $1.59 billion into SOL at a net cost of $232.08 per token. Nearly all holdings are staked through native Solana infrastructure, generating over 1,000 SOL in daily revenue via an institutional-grade validator operated with DoubleZero that delivers a 7.01% gross APY. Backed by Multicoin Capital, Galaxy Digital and Jump Crypto, Forward Industries is also tokenizing its common stock on Solana through a partnership with Superstate to enable 24/7 trading and real-time settlement, positioning the company as an institutional gateway to the Solana ecosystem.

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About Forward Industries Inc.

Forward Industries Inc. is a global design company serving top tier medical and technology companies. For over 60 years the company has been successful in developing and producing a portfolio of outstanding products for some of the world’s leading companies and brands. In September 2025, Forward Industries initiated a Solana treasury strategy dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company’s treasury. The Company’s Solana treasury strategy is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital.

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Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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