<div id="readability-page-1"><article>LOS ANGELES, April 06, 2026 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (“OFA” or the “Company”) today announced the completion of a strategic intellectual property ownership restructuring related to its QIKBIM platform, pursuant to a newly executed Intellectual Property Assignment and Co-Ownership Agreement (the “Agreement”). Under the Agreement, the Company has acquired a 50% undivided co-ownership interest in the QIKBIM system and related intellectual property assets, while securing full operational and commercial control over the platform. Reclassification of Historical Investment into Strategic Intangible Assets A key financial highlight of the transaction is the conversion of previously incurred development expenditures into IP ownership. Approximately $12.0 million of historical payments have been credited toward the total purchase price and will be recognized as capitalized intangible assets, transitioning from prior co-development expenditures. From a financial reporting perspective, this reclassification: <ul type="disc"><li>Enhances the Company’s balance sheet through recognition of durable IP assets</li><li>Reduces reliance on expense-based accounting for core technology investments</li><li>Improves earnings visibility and margin stability over time</li></ul> The transaction represents a meaningful shift from a cost-based development model to an asset-backed value model. Control Rights Support Revenue Recognition and Strategic Execution While structured as a co-ownership arrangement, OFA has secured exclusive decision-making authority across all key aspects of the business, including: <ul type="disc"><li>Product roadmap and technical architecture</li><li>Pricing, licensing, and customer contracting</li><li>Commercialization strategy and deployment</li><li>Revenue collection, accounting, and distribution</li></ul> These rights position the Company as the primary economic operator of the QIKBIM platform and are expected to support enhanced control over revenue generation, alignment with long-term monetization strategies, and global scalability. Improved Cash Flow Profile and Capital Recovery Structure The Agreement establishes a structured monetization framework under which: <ul type="disc"><li>Net proceeds from IP commercialization will be shared on a 50/50 basis</li><li>The Company is entitled to recover certain development investments prior to profit sharing</li></ul> This structure is expected to accelerate capital recovery timelines, improve near- to mid-term cash flow visibility, and establish a recurring IP-driven revenue stream. Reduced Structural Risk and Increased Asset Certainty The transaction simplifies and replaces prior co-development arrangements, eliminating contractual complexity and reducing structural uncertainty. In addition, the Agreement includes: <ul type="disc"><li>Restrictions on counterparty transfer and competitive use</li><li>Protective provisions safeguarding the Company’s control</li><li>Call options to acquire additional ownership under specified conditions</li></ul> These features collectively reduce counterparty and structural risk, enhance asset security and auditability, and lower the likelihood of future impairment. Positioning for Scalable, IP-Driven Growth This transaction marks a strategic transition for OFA: <ul type="disc"><li>From project-based development spending to scalable IP ownership</li><li>From collaborative participation to operational control</li><li>From cost center dynamics to long-term value generation</li></ul> Management believes the transaction will strengthen earnings quality and predictability, support valuation through recognized intangible assets, and provide a foundation for sustainable, IP-driven growth. Management Commentary “This transaction represents a significant step forward in aligning our financial structure with our strategic vision. By converting prior development investments into owned intellectual property and securing full operational control, we are enhancing both the quality of our balance sheet and our long-term earnings potential.” Key Financial and Strategic Benefits <ul type="disc"><li>Balance Sheet Enhancement: Recognition of high-value intangible assets</li><li>Earnings Quality Improvement: Reduced expense volatility and improved margins</li><li>Cash Flow Visibility: Structured recovery and recurring monetization</li><li>Control and Governance: Full operational authority over commercialization</li><li>Risk Mitigation: Simplified structure and strengthened protections</li></ul> About OFA Group OFA Group (Nasdaq: OFAL) is a technology-driven architecture and digital solutions company focused on advancing innovation in the built environment through proprietary platforms and integrated services. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding expected financial and strategic benefits. These statements are subject to risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update these statements except as required by law. Contact Investor Relations OFA Group Email: info@ofacorp.com Website: www.ofacorp.com <img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZNE5EZ3hPQ00zTlRJeE9EQTFJelV3TURFME56azJNdz09?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZNE5EZ3hPQ00zTlRJeE9EQTFJelV3TURFME56azJNdz09"/> <img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/ODRiNjAwMTgtYjliOC00NjZmLTk2YjktOTUzNDBkODFmZjE5LTUwMDE0Nzk2My0yMDI2LTA0LTA2LWVu/tiny/OFA-Group.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/ODRiNjAwMTgtYjliOC00NjZmLTk2YjktOTUzNDBkODFmZjE5LTUwMDE0Nzk2My0yMDI2LTA0LTA2LWVu/tiny/OFA-Group.png"/></article></div>

OFAL

OFA Group (Nasdaq: OFAL) has completed a strategic restructuring of its intellectual property ownership related to the QIKBIM platform, acquiring a 50% co-ownership interest and full operational control. This transaction converts $12 million in development expenditures into capitalized intangible assets, enhancing the balance sheet and improving earnings visibility. The agreement establishes a 50/50 revenue-sharing framework and simplifies prior co-development arrangements, reducing structural risk. Management believes this transition will strengthen earnings quality and support sustainable, IP-driven growth.

OFA Group Strengthens Balance Sheet and Long-Term Earnings Profile Through Strategic IP Ownership Realignment | OFAL Stock News