Paragon Advanced Labs Engages Koenig Scientific

Workflow optimisation, continual QA/QC improvement and ISO/IEC 17025 quality initiatives underway across North American laboratory platform

May 07, 2026 8:30 AM EDT | Source: Paragon Advanced Labs Inc.

Toronto, Ontario--(Newsfile Corp. - May 7, 2026) - Paragon Advanced Labs Inc. (TSXV: PALS) ("Paragon" or the "Company") is pleased to announce the engagement of Koenig Scientific to support its geochemistry capacity expansion, optimize workflows and ensure continual improvement of quality assurance and quality control ("QA/QC") reference materials, and proactive ISO/IEC 17025 compliance and performance.

Koenig Scientific, led by Alan Koenig, is an independent technical consultancy specialising in analytical instrumentation, method optimisation, and laboratory best practices. The firm supports laboratories, instrumentation companies, critical metals producers, and advanced materials manufacturers with improving analytical performance, QA/QC systems, and operational efficiency.

Alan Koenig is the Founder and Chief Technology Wizard of Koenig Scientific, LLC. Alan brings more than two decades of experience across industry, government and consulting. Most recently, he served as Technical Advisor, Analytical Labs and Analytical Laboratory Manager at one of the world's largest gold producers.

Programme Focus Areas

Geochemistry expansion readiness: aligning quality systems, sample handling protocols and analytical workflows with the expanded capacity, throughput and scope being introduced across the laboratory network.

Workflow optimisation: end-to-end review and refinement of laboratory workflows to improve turnaround times, reduce variability and enhance the customer experience as sample volumes scale.

Continual QA/QC improvement: ongoing enhancement of the Company's QA/QC framework, including refinement of standard operating procedures, additional personnel training and strengthened internal controls.

ISO/IEC 17025 Quality System: continued performance and monitoring under the Company's accredited Quality System, enhanced internal controls and expanded capacity across sample preparation and analysis.

"We are excited to work with Koenig Scientific as part of our lab expansion and continual improvement program. Alan is a talented and highly respected analytical problem solver. We are excited to be working with him," said Peter Shippen, CEO of Paragon.

About Paragon Advanced Labs Inc.

Paragon Advanced Labs Inc. provides innovative analytical technologies to the global mining industry. By embracing new technology, the Company is addressing critical capacity bottlenecks in mineral assaying through the deployment of PhotonAssay™ technology and complementary analytical solutions. The Company delivers faster, more accurate, and cost-effective mineral analysis for mining operators worldwide.

ON BEHALF OF THE BOARD OF DIRECTORS OF PARAGON ADVANCED LABS INC.

Peter Shippen
Chief Executive Officer and Director
Paragon Advanced Labs Inc.

For more information, contact:

Peter Shippen, Chief Executive Officer and Director
Email: peter.shippen@paragongeochem.com

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on expectations, estimates and projections as of the date of this news release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this release may include, but are not limited to, statements regarding the Company's plans, business objectives, strategy, financial or operational performance, exploration or development programs, future market conditions, and other future events or conditions.

Forward-looking statements are often identified by words such as "anticipate," "believe," "expect," "estimate," "intend," "may," "plan," "project," "should," "will," and similar expressions. These statements are not guarantees of future performance and involve risks and uncertainties, including those described in the Company's public filings available under its profile on SEDAR+. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296413

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Source: Paragon Advanced Labs Inc.

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