Reeflex Solutions Inc. Renews and Expands International Distribution Agreement With GOES GmbH

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CALGARY, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Reeflex Solutions Inc. (TSXV: RFX) ("Reeflex" or the "Company") is pleased to announce its wholly-owned subsidiary, Coil Solutions Inc. (“CSI”), a leading manufacturer of coiled tubing injectors and related energy services equipment, has renewed and expanded its distribution agreement with GOES GmbH (“GOES”), a Germany-based equipment manufacturer and distributor serving customers worldwide in the oilfield service industry.

GOES has been a valued distributor and customer of CSI since 2015. Under the expanded arrangement, GOES will maintain exclusive rights for sales and service of CSI products in the United Kingdom, the broader European market, and select markets in Eurasia and South Asia. The agreement also provides for continued technical support, collaboration on marketing, and ongoing product training.

“This renewal reflects our strong and productive relationship with GOES, and their continued confidence in the quality and reliability of our equipment,” said John Babic, President & CEO of Reeflex. “The broadened territory strengthens our ability to deliver dependable equipment solutions to customers across an even wider international footprint.”

The renewed and expanded agreement is effective for a term of 24 months and provides a framework for continued cooperation between the companies.

About GOES GmbH

GOES GmbH is a leading European manufacturer of pumping and stimulation equipment for the oil and gas industry. Located in Wesendorf, Germany, GOES GmbH offers hydraulic fracturing, drilling, cementing, acidizing, nitrogen, sand control and other well stimulation and pumping equipment. GOES GmbH is a wholly-owned subsidiary of KATT GmbH located in Celle, Germany. See https://www.goes-well.com.

About Reeflex Solutions Inc.

Reeflex is a public company delivering advanced engineering and manufacturing solutions across various industry sectors. Through our wholly-owned subsidiary, Coil Solutions Inc., we provide coil tubing injectors and downhole tools for the oil & gas sector. Our manufacturing division, Ranglar Manufacturing, specializes in custom-designed mobile equipment for a wide range of industrial applications. See https://www.reeflex.ca.

For more information, please contact:

John Babic
President & CEO
Email: john.babic@reeflex.ca
Telephone: 780-909-4220

Cautionary Note Regarding Forward-Looking Information

This press release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including statements included in the “About Reeflex” section of this press release, are forward-looking. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate”, “believes”, “estimates”, “expects”, “intends”, “may”, “should”, “will” or variations of such words or similar expressions. More particularly, and without limitation, this press release contains forward-looking information or forward-looking statements concerning the resumption of trading of the Reeflex Shares on the TSXV and Reeflex capitalizing on opportunities for growth in its industry. Reeflex cautions that all forward-looking information and forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Reeflex, including expectations and assumptions concerning Reeflex, as well as other risks and uncertainties, including those described in Reeflex’s filings available on SEDAR+ at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information or forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of Reeflex. The reader is cautioned not to place undue reliance on any forward-looking information or forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking information and forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Reeflex does not undertake any obligation to update publicly or to revise any of the included forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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