Exhibit 99.1
Qintess Commits to a Minimum $6.5 Million Spend on Fusemachines Agentic AI Products and Services Over Three Years
Agreement
supports Qintess’s internal adoption of Agentic AI and expansion of Fusemachines’ products and services within
NEW
YORK, NY — August
Under the agreement, Qintess will receive preferred commercial terms and discounts on eligible Fusemachines products and services in exchange for its binding minimum purchase commitment, as well as an equity component designed to create long-term alignment between the companies. The agreement is expected to begin contributing to Fusemachines’ revenue in 2026, with additional revenue expected over the remainder of the three-year term.
Qintess plans to deploy Fusemachines’ Agentic AI products and services within its own operations as part of its strategy to become an AI-native technology services company. Qintess also intends to integrate Fusemachines’ technology into its own offerings and bring Fusemachines’ products and services to its enterprise clients across South America and other markets.
The collaboration will combine Fusemachines’ Agentic AI products, platforms and technical expertise with Qintess’s enterprise relationships, regional presence and technology implementation capabilities.
“We are excited about this agreement because we are starting to see the hard work and investments we have made over the last two quarters in Agentic AI translate into tangible commercial and growth opportunities,” said Sameer Maskey, Founder and CEO of Fusemachines. “Qintess’s binding $6.5 million minimum spend commitment provides a meaningful foundation for a long-term relationship and demonstrates growing demand for our Agentic AI products and services.This is particularly exciting because it is expected to begin generating revenue for Fusemachines in the South American market.”
“By combining our Agentic AI technology with Qintess’s delivery capabilities and enterprise relationships, we believe we can expand the availability of Fusemachines products and services throughout the region,” said Anish Joshi, Head of Technology at Fusemachines.
Qintess expects to use Fusemachines’ products and services across its internal technology and business operations and within client-facing solutions involving software development, customer experience, data, automation and other enterprise functions.
“I am pleased to see the concrete materialization of our relationship with Fusemachines and the progress we are making together,” said Nana Baffour, Chairman of Qintess. “This collaboration reflects our shared commitment to harnessing the potential of AI to create meaningful value for our clients and drive innovation at scale.”
“We are excited to work with Fusemachines, an advanced Agentic AI technology company with the products, platforms and expertise required to support enterprise-scale AI adoption. This partnership is an important step toward making Qintess an AI-native company. We are embedding Agentic AI directly into our delivery operations, engineering practices and managed-services model, and extending those products and services across our client base,” said Paulo Moreira, VP and Global Chief Operating Officer of Qintess. “By combining Fusemachines’ AI technology with Qintess’s implementation capabilities, industry knowledge and client relationships, we believe we can help enterprises move from pilot to production faster and scale AI across their operations.”
The agreement establishes a commercial framework under which Qintess will purchase Fusemachines products and services through product subscriptions, technology licenses, implementation engagements, professional services and related statements of work during the three-year term.
About Qintess
For more information, visit www.qintess.com.
About Fusemachines
Founded
in 2013,
Forward-Looking
Statements
This press release contains forward-looking statements, including statements regarding anticipated purchases under the agreement, expected revenue, the deployment and commercialization of Fusemachines’ Agentic AI products and services, Qintess’s planned adoption of Agentic AI, Fusemachines’ expansion into South America and the anticipated benefits of the parties’ relationship.
Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. These risks include the parties’ ability to execute statements of work, deploy products and services, identify suitable enterprise use cases, achieve anticipated commercial benefits and comply with applicable legal and regulatory requirements.
Additional information regarding risks and uncertainties affecting Fusemachines is available in the company’s filings with the U.S. Securities and Exchange Commission. Fusemachines undertakes no obligation to update any forward-looking statements except as required by applicable law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. The shares of common stock referenced in this press release have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and were, or will be, issued in a private placement exempt from the registration requirements of the Securities Act.
Media and Investor Contacts
Fusemachines
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+1 347 212-5075
Qintess
Gilberto
Caparica Neto
VP | Head of Sales Operations, Enablement, and Administration
Tel. +55 (11) 2899 6230 | Cel. +55 (11) 97558 1818