XMax Inc. (NASDAQ:XWIN, the "Company" or "XMax")) today announced that its wholly owned subsidiary, XMax AI Inc., has entered into an API Model Procurement Agreement (the "Agreement") to provide its customers access to XMax's artificial intelligence models through API-based (Application Programming Interface) services. The total price of the agreement is approximately $4.8 million, with monthly payments of $400,000 to XMax AI, Inc. The actual pricing may vary depending on the customer's usage of AI model services.

These services are provided via XMax's recently deployed AI platform, enabling the customer to integrate, distribute, and commercialize these capabilities globally under its own branding. The agreement has an initial term of one year.

XMax has also received firm procurement interest from three other prospective customers. Discussions with these parties are currently underway. Building on this momentum and ongoing business development efforts, the Company further anticipates generating over $30 million in AI-related revenue within the next six to twelve months, based upon current projects in discussion and subject to contract negotiations and market conditions.