Visium Technologies Executes Non-Binding Term Sheet for Assignment of Specified Device Rights into a Newly Formed Indonesian Vehicle

Fairfax, Virginia, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Visium Technologies, Inc. (OTCID: VISM) (the “Company”) today announced that it has executed a non-binding term sheet with counterparties concerning a proposed assignment of specified contract-use, offtake, and deployment rights. Under the term sheet, those rights would be assigned into a newly formed Indonesian limited-liability PMA company. A wholly owned Delaware subsidiary of the Company would hold a 99 percent interest in that PMA compan