Ispire Technology Inc. Unveils Sprout™: The Future of All-in-One Vape Technology

Ultra-Pure, Ultra-Compact, and Engineered for the Ultimate Vaping Experience in Partnership with Raw Garden

LOS ANGELES, March 11, 2025 /PRNewswire/ -- Ispire Technology Inc. (Nasdaq: ISPR), a global leader in vape technology and precision dosing, announced it is setting a new benchmark in the cannabis vape industry with the launch of the Sprout™, an advanced all-in-one cannabis vapor device designed for purity, performance, and safety. Developed through a partnership with Raw Garden, Sprout™ is specifically designed to optimize the nuances and intricacies of sophisticated cannabis oil while eliminating common industry flaws like plastic degradation, clogged airflow and inconsistent heating—ensuring an experience as clean as the plant itself. Initially launching with Raw Garden, the Sprout™ technology is available to cannabis operators across the US.

Sprout™ is engineered with PA12, a terpene-safe material that withstands heat and preserves cannabis purity. Unlike conventional vapes, PA12 ensures a clean and untainted vaping experience. This innovation aligns with Ispire's commitment to raising industry standards, prioritizing material safety, and putting consumer well-being first.

The year-long collaboration between Ispire and Raw Garden reflects a shared commitment to innovation and consumer safety. By co-developing the Sprout™, both companies ensured that every component was meticulously engineered to maximize the integrity of the cannabis experience.

"Raw Garden has always been about delivering the purest expression of the plant, and this collaboration with Ispire takes that commitment to the next level," said Michael Wang, co-CEO of Ispire. "By integrating Raw Garden's extracts with Ispire's cutting-edge hardware, we're providing consumers with a vaporizer that maximizes flavor and efficiency like never before."

Key Features of Sprout™:

• Terpene-Safe Construction – Built with PA12, the all-in-one cannabis vape elevates the consumer experience by mitigating the impact of heat and preserving terpenes in oils from across the cannabis spectrum.
• Anti-Clog Overflow Chamber – Keeps airflow smooth, preventing blockages and wasted hits.
• Three Heat Modes – Low (2.0V), Medium (2.3V), and High (2.6V) for a customizable vaping experience.
• USB-C Rechargeable – No oil left behind; ensures full use of every drop.
• Compact and Discreet – Pocket-sized design (1.5" x 2.25") for easy portability.
• Dual Formulations – Available in Black Label™ Live Sauce for maximum flavor and Green Label™ Refined Live Resin for high potency.

"We're thrilled to partner with Ispire. Their expertise in cutting-edge technology aligns perfectly with our shared commitment to doing right by consumers and driving meaningful innovation in this industry. Together, we're shaping the future with forward-thinking solutions," said Thomas Martin, CEO of Raw Garden.

"Purity in cannabis doesn't stop at the oil—it extends to everything you use to consume it," added Michael Wang. "With Sprout™, Ispire aims to redefine vape quality across the industry, and we invite other brands to adopt safer materials and improved technology, reinforcing a commitment to consumer-first innovation."

Sprout™ will be available at rawgarden.farm/sprout and at select dispensaries in California, starting March 7, 2025 for more details, visit rawgarden.farm/sprout.

About Ispire Technology Inc.
Ispire is engaged in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products. The Company's operating subsidiaries own or license more than 400 patents worldwide. Ispire's branded e-cigarette products are marketed under the Aspire name and are sold worldwide (except in the U.S., People's Republic of China and Russia) primarily through its global distribution network. The Company also engages in original design manufacture (ODM) relationships with e-cigarette brands and retailers worldwide. The Company's cannabis products are marketed under the Ispire brand name primarily on an ODM basis to other cannabis vapor companies. Ispire sells its cannabis vaping hardware in the US, Europe and South Africa and it recently commenced marketing activities and customer engagement in Canada and Latin America. For more information, visit www.ispiretechnology.com or follow Ispire on Instagram, LinkedIn, Twitter and YouTube.

About Raw Garden:
Raw Garden has been the leading producer of clean cannabis in California for over fifteen years. Raw Garden products are made from 100% single source Cannabis flower – no additives, harsh chemicals, or artificial flavors - grown outdoors in sunny Central California. The company uses entirely organically-based and Clean Green-certified farming techniques and ECCO certified practices and upholds the highest standards of transparency with all lab results freely available at rawgarden.farm.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "would," "could," "seek," "intend," "plan," "goal," "project," "estimate," "anticipate," "strategy," "future," "likely" or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company's ability to collect its accounts receivable in a timely manner, the Company's business strategies, the ability of the Company to market to the Ispire ONE™, Ispire ONE's success if meeting its goals, the ability of its customers to derive the anticipated benefits of the Ispire ONE™ and the success of their products on the markets; the Ispire ONE™ proving to be safe, and the risk and uncertainties described in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Ispire's Annual Report on Form 10-K for the year ended June 30, 2023 and any subsequent filings which Ispire makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

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SOURCE Ispire Technology Inc.