BOULDER, CO - August 6, 2026 (NEWMEDIAWIRE) - Affluence Corporation (OTCID: AFFU), through its subsidiary Mingothings SLU (“MTi”), today reported strong results for the first quarter of 2026, reinforcing its position as a technology partner in IoT, smart infrastructure, connected industries, and digital transformation. During Q1 2026, MTi was awarded approximately EUR 5.6 million in new projects, reflecting solid commercial performance and continued demand for its integrated technology solutions across strategic sectors. The awarded projects have not yet been recognized as revenue and remain subject to the timing of contract execution and delivery.

MTi’s Q1 results highlight the company’s ability to convert market opportunities into high-value projects while continuing to expand its capabilities in IoT platforms, systems integration, real-time monitoring, digital twin technologies, and data-driven operational solutions.

MTi’s activity reflects the growing need for connected infrastructure, intelligent asset management, and secure digital transformation solutions across public and private-sector environments. As organizations increasingly seek to modernize operations and improve decision-making through real-time data, MTi continues to position itself as a partner for complex technology deployments.

MTi’s business strategy remains focused on delivering high-value professional services and scalable technology solutions that support clients in managing connected assets, improving operational visibility, and unlocking the value of data. This approach supported strong Q1 activity across areas such as smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.

MTi’s project activity in the first quarter of 2026 demonstrates the relevance of its portfolio in markets where digital transformation, automation, and operational intelligence are becoming increasingly important. MTi continues to support organizations that require robust, adaptable, and secure technology platforms capable of integrating multiple systems, devices, and data sources.

In addition to its Q1 performance, MTi continued to strengthen its international positioning and technology offering during the quarter, with ongoing work in IoT, AI, digital twins, and real-time data analytics aimed at driving measurable improvements in performance, efficiency, and sustainability for its clients.

“Our Q1 results reflect the strength of our technology portfolio and the trust our clients place in our ability to deliver reliable, scalable solutions. The EUR 5.6 million in project awards is an encouraging indicator of the demand we continue to see for IoT, smart infrastructure, and digital transformation solutions,” said Francesc Domingo, CEO of MTi. “We look forward to updating shareholders as these projects are executed and as our pipeline develops over the remainder of the year.”

Looking ahead, MTi is focused on building on its strong Q1 results and continuing to strengthen its project pipeline throughout the remainder of 2026, with a growing portfolio across smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.

About Affluence Corporation

Affluence Corporation (OTCID: AFFU) is a diversified technology company focused on smart city, industrial IoT, and data-driven infrastructure solutions. Through its operating subsidiaries, including Mingothings, Affluence delivers AI-enabled IoT platforms, data visualization, and intelligent infrastructure technologies to enterprise, industrial, and municipal clients worldwide.

For more information go to https://affucorp.com

About Mingothings SLU

Mingothings SLU (“MTi”) is a specialist in integrated IoT solutions and data analytics for smart cities and connected industries. With expertise in real-time data processing, sensor integration, and adaptable IoT platforms, MTi provides innovative solutions designed to support efficiency, sustainability, and operational performance in diverse IoT applications. https://www.mingothings.com/

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding MTi’s project pipeline, business momentum, and expected execution of awarded projects during 2026. Words such as “anticipate”, “expect”, “suggest”, “plan”, “believe”, “intend”, “estimates”, “targets”, “projects”, “should”, “could”, “would”, “may”, “will”, and “forecast”, and similar expressions, are intended to identify forward-looking statements.

These forward-looking statements are based on management’s current expectations and assumptions and are subject to significant risks and uncertainties that could cause actual results to differ materially, including: the Company’s ability to convert awarded projects and its pipeline into completed, revenue-generating engagements on the timeline currently anticipated, or at all; general economic and business conditions; competitive and technological factors; the Company’s limited operating history; the availability and cost of capital; the Company’s ability to retain key management and employees; and other risks discussed in the Company’s filings with OTC Markets.

Forward-looking statements speak only as of the date they are made, are inherently uncertain, and should not be relied upon as predictions of actual future results. Readers are cautioned not to place undue reliance on forward-looking statements. Affluence Corporation assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media and investor contact – press@affucorp.com

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