Arctic Core AS, a 100% owned subsidiary of Lokotech Group AS, has today
concluded with a design freeze on its sealing architecture for Filecoin storage
providing, and will use the current architecture on the first storage server on
a TRL7 basis.

Filecoin is an ecosystem for distributed storage, and Arctic Core has the last
year iterated several hundred variations of hardware and software architectures
for sealing storage sectors intended for Filecoin. The company believes the
current architecture should be world leading on a cost-per-sector-sealed basis.

Being one of the most complicated, but also the most advanced, ecosystems for
distributed storage, the company is pleased with the R&D efforts so far within
this project. The projects  conclusion is well timed with Filecoins latest
developments, including its Solana integration and OpenAI Sora Release, and
increased underlying economics of providing storage.

To verify the architecture on mainnet as opposed to testnet, Arctic Core AS will
deliver Sealing-as-a-Service to another group company, Nordic Green Data Center
AS and its external partner. The partner is a mid-size Canadian hardware
distributor, cryptocurrency miner, and data center broker.

For Lokotech Group AS, the initiative will yield some Filecoin revenue from
providing storage, some balance sheet exposure to Filecoin, and confirmation of
the architecture will serve as a foundation for deciding whether to up-scale
storage provision and increase the groups revenue from providing such storage,
or for instance focus of Sealing-as-a-Service for third party Storage Providers.

For more information, contact CTO, Christian Rustad on cr@lokotech.com

For more information on Filecoin, see www.filecoin.io