LOS ANGELES, CA - January 16, 2026 (NEWMEDIAWIRE) - Forward Industries (NASDAQ: FWDI) provided an update on its Solana-focused treasury strategy and recent operational milestones, reporting that since initiating its Solana treasury program in September 2025 the Company has generated more than 133,450 SOL in staking rewards while compounding SOL per share through disciplined deployment and on-chain yield generation. As of Jan. 15, 2026, Forward Industries held more than 6.98 million SOL in liquid treasury assets, with nearly all holdings staked through its validator infrastructure, generating a gross annual percentage yield of 6.73% before fees and outperforming top peer validators. During December, the Company announced that its SEC-registered shares became live on the Solana blockchain through Superstate’s Opening Bell platform, marking the first instance of a public company’s equity being usable directly within decentralized finance (“DeFi”), and also began testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto. Management noted the Company maintains sufficient operating capital and carries no corporate debt.

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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. For more information on the Company’s Solana treasury strategy, visit sol.forwardindustries.com.

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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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