OFFICIAL ANNOUNCEMENT
FAVORIOT SDN. BHD.

Subject: Revocation of Malaysia Digital (MD) Status

FAVORIOT Sdn. Bhd. hereby acknowledges the formal notification issued by Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC) dated 20 February 2026 regarding the revocation of the Company’s Malaysia Digital (MD) Status.

The letter, referencing BSD-BSS-LTR-MDCC-MDC (MD File ID: MD/0000184), states that the Malaysia Digital Status previously granted to FAVORIOT Sdn. Bhd. on 2 August 2023 has been revoked with effect from 1 August 2024. As outlined in the notice, the Company is no longer entitled to the benefits, incentives, privileges, or the use of the Malaysia Digital (MD) logo, effective from the date of revocation.

FAVORIOT respects MDEC’s decision and confirms that we will fully comply with all directives stated in the official correspondence.

We would like to assure our partners, customers, stakeholders, and the broader ecosystem that this administrative status change does not affect:

• Our operational continuity
• Our contractual obligations to clients
• Our ongoing projects and platform services
• Our commitment to delivering high-quality IoT and AIoT solutions

FAVORIOT remains fully operational and continues to focus on strengthening its technology offerings, expanding partnerships locally and internationally, and supporting customers across industries such as smart cities, agriculture, manufacturing, logistics, and education.

We remain committed to contributing to Malaysia’s digital economy and advancing the adoption of Internet of Things and AI-driven solutions through our platform, training programs, and ecosystem initiatives.

We thank our stakeholders for their continued trust and support.

For any further clarification, please contact us directly at:

FAVORIOT Sdn. Bhd.
CP3A30, Pusat Perdagangan IOI
No.1, Persiaran Puchong Jaya Selatan
Bandar Puchong Jaya
47100 Puchong, Selangor

Issued by:
Management of FAVORIOT Sdn. Bhd.
Date: 23 February 2026

FOR IMMEDIATE RELEASE

Kuala Lumpur, 23 January 2026
Favoriot today announced the launch of its new Lite Plan, a lower-entry subscription designed to help students, educators, beginners, startup founders, and developers begin their IoT journey using a real, production-grade platform.

The Lite Plan addresses a growing need for a simple, affordable way to connect devices, view data, and understand IoT workflows without the complexity often found in larger, enterprise-focused plans. Users on the Lite Plan gain access to the same core Favoriot platform used by commercial and government deployments, scaled to suit learning, experimentation, and early validation.

“The Lite Plan is about removing friction at the starting line,” said Dr. Mazlan Abbas, Co-Founder and CEO of Favoriot. “Many users want to learn or test ideas with real devices and real data, but do not need advanced features yet. This plan gives them a proper foundation without overcommitment.”

Designed for Specific User Segments

The Lite Plan is best suited for:

• Students and educators working on coursework, labs, or final-year projects who need hands-on experience with an industry platform
• IoT beginners using devices such as ESP32 or Arduino and learning basic device-to-cloud data flows
• Startup teams and founders building proofs of concept or early prototypes
• Developers and technologists evaluating IoT platforms before selecting a long-term solution

Clear Progression Across Plans

Favoriot positions the Lite Plan as a starting point within its broader subscription structure:

• Lite Plan: Entry-level access for learning, testing, and early exploration
• Beginner Plan: Expanded usage for wider testing and multiple devices
• Developer Plan: Application development, integrations, and pilot deployments
• Professional and Enterprise Plans: Full-scale production, security controls, and operational workflows

Users can upgrade plans as their projects grow, with continuity across devices and data.

Availability

The Favoriot Lite Plan is available immediately. Full pricing and plan details can be found at:
https://www.favoriot.com/iotplatform/pricing/

About Favoriot
Favoriot is a Malaysia-based IoT and AIoT platform provider supporting smart city, agriculture, manufacturing, education, and enterprise use cases. The platform enables secure device management, real-time data ingestion, analytics, and automation for organisations at every stage of adoption.

Media Contact
Favoriot Communications Team
https://www.favoriot.com

Puchong, Malaysia – March 5, 2025 – A game-changing partnership has been forged today as Favoriot Sdn Bhd and Aswant Solution Sdn Bhd officially signed a Memorandum of Understanding (MOU) at Favoriot’s office in Puchong, Malaysia. This strategic alliance is set to supercharge innovation in Artificial Intelligence (AI), the Internet of Things (IoT), and cybersecurity, empowering businesses with cutting-edge technology solutions.

The agreement was formalized by Dr. Mazlan Abbas, CEO of Favoriot Sdn Bhd, and Nor Asrul Mohd Noor, Managing Director of Aswant Solution Sdn Bhd, with Zura Huzali, Business Development Director of Favoriot, and Fazlirizam Mohammed Nor, Director of Aswant Solution, witnessing the milestone moment.

Powering the Future with AI-Driven IoT and Security Solutions

This collaboration is more than just a handshake—it’s a commitment to shaping the future of AI and IoT-driven security solutions. By combining Favoriot’s expertise in IoT platform development with Aswant Solutions’ prowess in IT security and distribution, both companies are ready to tackle emerging challenges in digital transformation.

Dr. Mazlan Abbas expressed his excitement about this partnership:
“We are on the brink of a new era in IoT and AI, and this collaboration marks a crucial step in bringing secure, intelligent solutions to businesses across industries. Aswant Solutions’ strong foothold in IT security and distribution perfectly complements our IoT capabilities, making this a powerful synergy for the future.”

Nor Asrul Mohd Noor echoed the enthusiasm, stating:
“At Aswant Solutions, we believe in innovation with security at its core. Partnering with Favoriot allows us to enhance the reach of AI-powered automation and IoT efficiency while ensuring robust protection for businesses. Together, we are driving the next wave of digital transformation.”

Unlocking New Possibilities in Smart and Secure Technologies

Favoriot is widely recognized for its scalable IoT platform, which enables businesses to integrate real-time data analytics and smart applications seamlessly. As a Kaspersky Platinum Partner in Malaysia, Aswant Solutions is a leader in cybersecurity, system integration, and IT distribution, providing businesses with the tools to navigate the evolving digital landscape securely.

This partnership is a leap forward in fostering technological advancements, allowing businesses in Malaysia and beyond to embrace AI, IoT, and cybersecurity with confidence.

About Favoriot

Favoriot is a premier IoT platform provider that simplifies the deployment of IoT applications, offering real-time data insights, cloud-based solutions, and seamless device integration.

About Aswant Solutions

Aswant Solutions is a leading IT security and distribution firm in Malaysia, specializing in advanced cybersecurity, networking, and system integration to help businesses secure their digital transformation journey.

For further details, visit:
🔗 Favoriot: www.favoriot.com
🔗 Aswant Solutions: www.aswant-solution.com