{"success":true,"data":{"pressRelease":{"id":"37967","rtpr_id":"nGNE209FQn","ticker":"EZRA","exchange":"NASDAQ","all_tickers":["EZRA"],"title":"Reliance Global Group Provides Update on Enquantum Private 5G Deployment and Smart Infrastructure Initiatives","author":"Globe Newswire","published_at":"2026-05-18T13:27:00.301Z","article_body":"Israel Innovation Authority Approves Project Following Successful Real-World\nConstruction Pilot Under EZRA International Group’s Scale51 Initiative\n\nLAKEWOOD, NJ, May 18, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc.\n(Nasdaq: EZRA) (“we,” “us,” “our,” the “Company” or\n“Reliance”) today announced that Enquantum Ltd. (“Enquantum”), a\ndeveloper of advanced networking and post-quantum cybersecurity technologies\nand a strategic platform investment under EZRA International Group’s Scale51\ninitiative, successfully completed a real-world private 5G deployment with a\nleading Israeli construction company. The deployment demonstrated advanced\nworker safety, real-time operational monitoring, and intelligent site\nmanagement capabilities in active construction environments. As part of the\npilot program, construction workers utilized 5G-connected smart helmets\nequipped with real-time geolocation and geofencing functionality, enabling\nlive workforce visibility, automated safety zone enforcement, and improved\non-site coordination and operational awareness.\n\nFollowing the successful execution of the project, the initiative received\napproval from the Israel Innovation Authority (“IIA”), which officially\nclosed the program following successful implementation and validation of the\nprivate 5G application deployment, reinforcing the commercial potential of\nEnquantum’s advanced networking technologies for industrial and\ninfrastructure applications.\n\nThe successful deployment was powered by Enquantum’s FPGA-accelerated User\nPlane Function (“UPF”) technology with advanced CPU offloading\ncapabilities, enabling secure, high-performance private cellular networking\nwith successful over-the-air validation. The architecture is designed to\nimprove network efficiency, reduce latency, and support reliable real-time\ncommunications in demanding industrial environments where continuous\nconnectivity, mobility, and operational visibility are critical. Reliance\nbelieves these capabilities position Enquantum to support next-generation\nprivate wireless applications across industrial, infrastructure, and smart\nmobility markets.\n\n“We are extremely excited by this successful deployment and the continued\nprogress Enquantum is making in advanced networking and infrastructure\ntechnologies,” said Ezra Beyman, Chairman and Chief Executive Officer of\nReliance Global Group. “Demonstrating a real-world private 5G application\nfocused on worker safety and operational intelligence represents an important\nmilestone for the company. We believe the successful pilot and support from\nthe Israel Innovation Authority reinforce the growing commercial potential for\nEnquantum’s technologies across industrial, infrastructure, and smart\nconnectivity markets.”\n\nReliance believes demand for secure private 5G infrastructure and intelligent\nconnected-device applications is expected to continue growing across\nconstruction, manufacturing, logistics, transportation, defense, and\npublic-sector environments as organizations seek greater automation,\noperational visibility, and real-time communications capabilities. Enquantum\ncontinues advancing its broader portfolio of high-performance networking,\nencrypted communications, and post-quantum cybersecurity technologies designed\nfor next-generation infrastructure environments.\n\nAbout Reliance Global Group, Inc.\n\nReliance Global Group, Inc. (NASDAQ: EZRA) is an InsurTech pioneer leveraging\nartificial intelligence (AI) and cloud-based technologies to transform and\nimprove efficiencies in the insurance agency and brokerage industry. The\nCompany’s business-to-business InsurTech platform, RELI Exchange, provides\nindependent insurance agencies with a full suite of business development\ntools, enabling them to compete effectively with large-scale national\ninsurance agencies while reducing back-office costs and burden. The\nCompany’s business-to-consumer platform, 5minuteinsure.com, uses AI and data\nmining to provide competitive online insurance quotes within minutes to\neveryday consumers seeking to purchase auto, home, and life insurance. In\naddition, the Company operates its own portfolio of select retail\nbrick-and-mortar insurance agencies, which are leaders and pioneers in their\nrespective regions throughout the United States and offer a wide variety of\ninsurance products.\n\nIn addition to its insurance and Insurtech operations, Reliance operates EZRA\nInternational Group\n(https://www.globenewswire.com/Tracker?data=bjg3ijlcefGzCgqML8LT_rj-ANE3xtJnTSsFvwJ7quKS6zYGbQaJcGeGpOeDsHhucz9ck-B-MDqEjZX3G9i_TIIEk0XWVWC6n56pm1AJFr0ibwkP2F85o77OTk3DFe2WUPNG950W2irODDGmgnM7N2CEd1TrLt_sd-DtAsyTndPLrz_lBraYx4QdguOC7-o2cRNWlnUPs9n7LwqoCBusJHEkXIWI5x3bsxRkKZFTABSqJDJqLIb8cLiwDPlQ5zAee-uYrS4IUFgVvrQG6kDUM_1LVyhu8l2cNCbYLqFYCtry0vgkIztXjyrOiNwYf5_hB3--K1QCLsk4P8VOWJzMXSHcNiQHFcbVhY9oPgVfHlmg7JYlkG16p56sLgCzxrzwmILvikXpj-_6J0XmqmuyYLUapwQI-aQ25KaE6LVMaB8=),\nits strategic growth platform focused on identifying, acquiring, and building\nmajority or controlling stakes in high-growth technology and life sciences\ncompanies. EZRA International Group is designed to complement Reliance’s\ncore insurance business by expanding market reach and supporting long-term\nshareholder value creation through disciplined capital allocation and active\nownership.\n\nFurther information about the Company can be found at\nhttps://www.relianceglobalgroup.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. These statements can be identified by the use\nof forward-looking terminology such as \"believes,\" \"expects,\" \"anticipates,\"\n\"designed to,\" \"positioned to,\" \"continues,\" \"potential,\" \"opportunity,\" and\nsimilar expressions, or by discussions of strategy, plans, or intentions.\nForward-looking statements in this release include, without limitation,\nstatements regarding: the commercial potential of Enquantum's private 5G,\nadvanced networking, and post-quantum cybersecurity technologies for\nindustrial, infrastructure, and smart mobility markets; the anticipated\nperformance, efficiency, and latency characteristics of Enquantum's\nFPGA-accelerated User Plane Function technology; the expected growth in demand\nfor secure private 5G infrastructure and intelligent connected-device\napplications across construction, manufacturing, logistics, transportation,\ndefense, and public-sector markets; Enquantum's ability to successfully\nadvance and commercialize its broader portfolio of high-performance\nnetworking, encrypted communications, and post-quantum cybersecurity\ntechnologies; and the anticipated benefits and scalability of the private 5G\ndeployment demonstrated during the pilot program.\n\nThese statements are based on management's current beliefs, assumptions, and\nexpectations and are subject to a number of risks and uncertainties, many of\nwhich are beyond the Company's control. Actual results, performance, or\nachievements may differ materially from those expressed or implied by any\nforward-looking statement. Factors that could cause or contribute to such\ndifferences include, but are not limited to: the early-stage and limited\nnature of the pilot deployment, which may not be indicative of commercial\nviability, scalability, or future performance in other markets or\nenvironments; the risk that Enquantum's technologies fail to achieve the\ntechnical performance metrics, latency improvements, or network efficiency\ngains anticipated by management; the risk that the closing of the Israel\nInnovation Authority program does not guarantee continued government support\nor future funding for Enquantum's technology development; uncertainty\nregarding market adoption of private 5G infrastructure and post-quantum\ncybersecurity solutions; intense competition in the advanced networking,\nprivate wireless, and cybersecurity sectors from established and\nbetter-capitalized companies; risks associated with international operations,\nincluding geopolitical and regulatory developments in Israel and other target\nmarkets; the Company's ability to successfully execute on its Scale51\nstrategic platform investment initiative; dependence on key technology\ndevelopment milestones and third-party partners; general economic and market\nconditions; and other risks described from time to time in the Company's\nfilings with the Securities and Exchange Commission, including its most recent\nAnnual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.\n\nSuch risks and uncertainties also include geopolitical risks, including the\nongoing conflict involving Israel and Iran, which may result in regional\ninstability, military activity, cyberattacks, disruptions to critical\ninfrastructure, supply chains or communications networks, or workforce\ndisruptions, any of which could materially adversely affect the Company's\ninvestments, partners or operations, including Innervate's development\nactivities.\n\nActual results may differ materially from those expressed or implied by these\nforward-looking statements. Additional information regarding factors that may\ncause actual results to differ materially is included under the heading \"Risk\nFactors\" in the Company's Annual Report on Form 10-K for the year ended\nDecember 31, 2025, and in the Company's subsequent periodic reports and other\nfilings with the Securities and Exchange Commission.\n\nThe Company cautions readers not to place undue reliance on any\nforward-looking statements, which speak only as of the date of this press\nrelease. Except as required by applicable law, the Company undertakes no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise.\n\nContact:Crescendo Communications, LLC\nTel : +1 (212) 671-1020\nEmail : EZRA@crescendo-ir.com","article_body_html":"","raw_payload":{"data":{"id":"nGNE209FQn","title":"Reliance Global Group Provides Update on Enquantum Private 5G Deployment and Smart Infrastructure Initiatives","author":"Globe Newswire","ticker":"EZRA","created":"2026-05-18T13:27:00.301Z","tickers":["EZRA"],"exchange":"NASDAQ","article_body":"Israel Innovation Authority Approves Project Following Successful Real-World\nConstruction Pilot Under EZRA International Group’s Scale51 Initiative\n\nLAKEWOOD, NJ, May 18, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc.\n(Nasdaq: EZRA) (“we,” “us,” “our,” the “Company” or\n“Reliance”) today announced that Enquantum Ltd. (“Enquantum”), a\ndeveloper of advanced networking and post-quantum cybersecurity technologies\nand a strategic platform investment under EZRA International Group’s Scale51\ninitiative, successfully completed a real-world private 5G deployment with a\nleading Israeli construction company. The deployment demonstrated advanced\nworker safety, real-time operational monitoring, and intelligent site\nmanagement capabilities in active construction environments. As part of the\npilot program, construction workers utilized 5G-connected smart helmets\nequipped with real-time geolocation and geofencing functionality, enabling\nlive workforce visibility, automated safety zone enforcement, and improved\non-site coordination and operational awareness.\n\nFollowing the successful execution of the project, the initiative received\napproval from the Israel Innovation Authority (“IIA”), which officially\nclosed the program following successful implementation and validation of the\nprivate 5G application deployment, reinforcing the commercial potential of\nEnquantum’s advanced networking technologies for industrial and\ninfrastructure applications.\n\nThe successful deployment was powered by Enquantum’s FPGA-accelerated User\nPlane Function (“UPF”) technology with advanced CPU offloading\ncapabilities, enabling secure, high-performance private cellular networking\nwith successful over-the-air validation. The architecture is designed to\nimprove network efficiency, reduce latency, and support reliable real-time\ncommunications in demanding industrial environments where continuous\nconnectivity, mobility, and operational visibility are critical. Reliance\nbelieves these capabilities position Enquantum to support next-generation\nprivate wireless applications across industrial, infrastructure, and smart\nmobility markets.\n\n“We are extremely excited by this successful deployment and the continued\nprogress Enquantum is making in advanced networking and infrastructure\ntechnologies,” said Ezra Beyman, Chairman and Chief Executive Officer of\nReliance Global Group. “Demonstrating a real-world private 5G application\nfocused on worker safety and operational intelligence represents an important\nmilestone for the company. We believe the successful pilot and support from\nthe Israel Innovation Authority reinforce the growing commercial potential for\nEnquantum’s technologies across industrial, infrastructure, and smart\nconnectivity markets.”\n\nReliance believes demand for secure private 5G infrastructure and intelligent\nconnected-device applications is expected to continue growing across\nconstruction, manufacturing, logistics, transportation, defense, and\npublic-sector environments as organizations seek greater automation,\noperational visibility, and real-time communications capabilities. Enquantum\ncontinues advancing its broader portfolio of high-performance networking,\nencrypted communications, and post-quantum cybersecurity technologies designed\nfor next-generation infrastructure environments.\n\nAbout Reliance Global Group, Inc.\n\nReliance Global Group, Inc. (NASDAQ: EZRA) is an InsurTech pioneer leveraging\nartificial intelligence (AI) and cloud-based technologies to transform and\nimprove efficiencies in the insurance agency and brokerage industry. The\nCompany’s business-to-business InsurTech platform, RELI Exchange, provides\nindependent insurance agencies with a full suite of business development\ntools, enabling them to compete effectively with large-scale national\ninsurance agencies while reducing back-office costs and burden. The\nCompany’s business-to-consumer platform, 5minuteinsure.com, uses AI and data\nmining to provide competitive online insurance quotes within minutes to\neveryday consumers seeking to purchase auto, home, and life insurance. In\naddition, the Company operates its own portfolio of select retail\nbrick-and-mortar insurance agencies, which are leaders and pioneers in their\nrespective regions throughout the United States and offer a wide variety of\ninsurance products.\n\nIn addition to its insurance and Insurtech operations, Reliance operates EZRA\nInternational Group\n(https://www.globenewswire.com/Tracker?data=bjg3ijlcefGzCgqML8LT_rj-ANE3xtJnTSsFvwJ7quKS6zYGbQaJcGeGpOeDsHhucz9ck-B-MDqEjZX3G9i_TIIEk0XWVWC6n56pm1AJFr0ibwkP2F85o77OTk3DFe2WUPNG950W2irODDGmgnM7N2CEd1TrLt_sd-DtAsyTndPLrz_lBraYx4QdguOC7-o2cRNWlnUPs9n7LwqoCBusJHEkXIWI5x3bsxRkKZFTABSqJDJqLIb8cLiwDPlQ5zAee-uYrS4IUFgVvrQG6kDUM_1LVyhu8l2cNCbYLqFYCtry0vgkIztXjyrOiNwYf5_hB3--K1QCLsk4P8VOWJzMXSHcNiQHFcbVhY9oPgVfHlmg7JYlkG16p56sLgCzxrzwmILvikXpj-_6J0XmqmuyYLUapwQI-aQ25KaE6LVMaB8=),\nits strategic growth platform focused on identifying, acquiring, and building\nmajority or controlling stakes in high-growth technology and life sciences\ncompanies. EZRA International Group is designed to complement Reliance’s\ncore insurance business by expanding market reach and supporting long-term\nshareholder value creation through disciplined capital allocation and active\nownership.\n\nFurther information about the Company can be found at\nhttps://www.relianceglobalgroup.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. These statements can be identified by the use\nof forward-looking terminology such as \"believes,\" \"expects,\" \"anticipates,\"\n\"designed to,\" \"positioned to,\" \"continues,\" \"potential,\" \"opportunity,\" and\nsimilar expressions, or by discussions of strategy, plans, or intentions.\nForward-looking statements in this release include, without limitation,\nstatements regarding: the commercial potential of Enquantum's private 5G,\nadvanced networking, and post-quantum cybersecurity technologies for\nindustrial, infrastructure, and smart mobility markets; the anticipated\nperformance, efficiency, and latency characteristics of Enquantum's\nFPGA-accelerated User Plane Function technology; the expected growth in demand\nfor secure private 5G infrastructure and intelligent connected-device\napplications across construction, manufacturing, logistics, transportation,\ndefense, and public-sector markets; Enquantum's ability to successfully\nadvance and commercialize its broader portfolio of high-performance\nnetworking, encrypted communications, and post-quantum cybersecurity\ntechnologies; and the anticipated benefits and scalability of the private 5G\ndeployment demonstrated during the pilot program.\n\nThese statements are based on management's current beliefs, assumptions, and\nexpectations and are subject to a number of risks and uncertainties, many of\nwhich are beyond the Company's control. Actual results, performance, or\nachievements may differ materially from those expressed or implied by any\nforward-looking statement. Factors that could cause or contribute to such\ndifferences include, but are not limited to: the early-stage and limited\nnature of the pilot deployment, which may not be indicative of commercial\nviability, scalability, or future performance in other markets or\nenvironments; the risk that Enquantum's technologies fail to achieve the\ntechnical performance metrics, latency improvements, or network efficiency\ngains anticipated by management; the risk that the closing of the Israel\nInnovation Authority program does not guarantee continued government support\nor future funding for Enquantum's technology development; uncertainty\nregarding market adoption of private 5G infrastructure and post-quantum\ncybersecurity solutions; intense competition in the advanced networking,\nprivate wireless, and cybersecurity sectors from established and\nbetter-capitalized companies; risks associated with international operations,\nincluding geopolitical and regulatory developments in Israel and other target\nmarkets; the Company's ability to successfully execute on its Scale51\nstrategic platform investment initiative; dependence on key technology\ndevelopment milestones and third-party partners; general economic and market\nconditions; and other risks described from time to time in the Company's\nfilings with the Securities and Exchange Commission, including its most recent\nAnnual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.\n\nSuch risks and uncertainties also include geopolitical risks, including the\nongoing conflict involving Israel and Iran, which may result in regional\ninstability, military activity, cyberattacks, disruptions to critical\ninfrastructure, supply chains or communications networks, or workforce\ndisruptions, any of which could materially adversely affect the Company's\ninvestments, partners or operations, including Innervate's development\nactivities.\n\nActual results may differ materially from those expressed or implied by these\nforward-looking statements. Additional information regarding factors that may\ncause actual results to differ materially is included under the heading \"Risk\nFactors\" in the Company's Annual Report on Form 10-K for the year ended\nDecember 31, 2025, and in the Company's subsequent periodic reports and other\nfilings with the Securities and Exchange Commission.\n\nThe Company cautions readers not to place undue reliance on any\nforward-looking statements, which speak only as of the date of this press\nrelease. Except as required by applicable law, the Company undertakes no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise.\n\nContact:Crescendo Communications, LLC\nTel : +1 (212) 671-1020\nEmail : EZRA@crescendo-ir.com"},"type":"article","timestamp":"2026-05-18T13:27:00.389183833Z","server_sent_at_ms":1779110820389},"received_at":"2026-05-18T13:27:00.447Z","source_url":null},"analysis":{"id":"27409","press_release_id":"37967","analysis_json":{"industry":{"label":"Insurance Brokers","sector":"Financials"},"redFlags":["Geopolitical risk: Ongoing conflict involving Israel and Iran may disrupt operations or investments.","Pilot limitation: The deployment is a pilot program; commercial viability and scalability are not yet proven."],"eventType":"operations_update","narrative":"Reliance Global Group announced that its strategic investment, Enquantum Ltd., successfully completed a real-world private 5G deployment pilot with a leading Israeli construction company.\n\nThe pilot demonstrated worker safety and operational monitoring capabilities using 5G-connected smart helmets and Enquantum’s FPGA-accelerated User Plane Function technology.\n\nFollowing the successful execution, the Israel Innovation Authority officially closed the program, validating the commercial potential of Enquantum’s networking technologies for industrial applications.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Strategic investment Enquantum validates private 5G tech in construction pilot; regulatory approval from Israel Innovation Authority."},"keyFigures":{},"quotedText":"Demonstrating a real-world private 5G application focused on worker safety and operational intelligence represents an important milestone for the company.","namedEntities":{"people":[{"name":"Ezra Beyman","role":"Chairman and Chief Executive Officer"}],"products":["Scale51","RELI Exchange","5minuteinsure.com","FPGA-accelerated User Plane Function (UPF)"],"companies":[{"name":"Reliance Global Group, Inc.","ticker":"EZRA"},{"name":"Enquantum Ltd.","relationship":"strategic platform investment"},{"name":"EZRA International Group","relationship":"subsidiary/strategic growth platform"},{"name":"Israel Innovation Authority","relationship":"regulatory body"},{"name":"Crescendo Communications, LLC","relationship":"PR firm"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"This is a milestone update for a strategic investment (Enquantum) under the Scale51 initiative. While it validates technology and secures regulatory approval from the Israel Innovation Authority, it is a pilot program, not a commercial revenue event. The core business (insurance) is unaffected."},"tickerRelevance":{"others":[],"primary":"EZRA"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"pilot-milestone","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Reliance Global Group announced that its strategic investment, Enquantum Ltd., successfully completed a real-world private 5G deployment pilot with a leading Israeli construction company.\n\nThe pilot demonstrated worker safety and operational monitoring capabilities using 5G-connected smart helmets and Enquantum’s FPGA-accelerated User Plane Function technology.\n\nFollowing the successful execution, the Israel Innovation Authority officially closed the program, validating the commercial potential of Enquantum’s networking technologies for industrial applications.","key_figures":{},"named_entities":{"people":[{"name":"Ezra Beyman","role":"Chairman and Chief Executive Officer"}],"products":["Scale51","RELI Exchange","5minuteinsure.com","FPGA-accelerated User Plane Function (UPF)"],"companies":[{"name":"Reliance Global Group, Inc.","ticker":"EZRA"},{"name":"Enquantum Ltd.","relationship":"strategic platform investment"},{"name":"EZRA International Group","relationship":"subsidiary/strategic growth platform"},{"name":"Israel Innovation Authority","relationship":"regulatory body"},{"name":"Crescendo Communications, LLC","relationship":"PR firm"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-18T13:27:13.918Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"pilot-milestone","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":13456,"modelName":"george-droid-qwen-72b"}}