FendX Technologies Inc. announced that the Company has entered into a development stage agreement on February 26, 2024 with Dunmore International Corp. ("Dunmore"), a Steel Partners Holdings L.P. operating company, for the Company to continue to advance optimization of the manufacturing process to produce intermediate-sized REPELWRAP?? film with another pilot manufacturing run.

The Company's previous pilot runs on Dunmore's commercial manufacturing line have confirmed the REPELWRAP??? film formulation is suitable for automated manufacturing and each run has provided important insights to incrementally advance and streamline the process. Achieving a final manufacturing process typically involves conducting multiple pilot runs, each providing valuable insights to optimize the process, which aligns with the Company's ongoing efforts to advance the REPELWRAPTM film manufacturing process.