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TORONTO, May 19, 2026 (GLOBE NEWSWIRE) — Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) (“Argo” or the “Company“), a leader in next-generation transit solutions, is pleased to share an update and recap on its Smart Routing™ technology, a transit infrastructure solution that connects riders to public transit more conveniently while helping cities extend the reach and efficiency of their transit networks.
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First-and-Last-Mile Transit Challenge
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Cities around the world are facing growing traffic and congestion pressures, and need to move more people out of cars and into public transit systems. But the first-and-last-mile gap creates challenges for both residents and municipalities.
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- For Residents: Time spent walking to the bus stop, waiting outside, and transferring between lines can make public transit less accessible to many residents including seniors, people with mobility needs, and those farther from fixed-route stops. Cars and ridesharing offer convenience but are costly and add to traffic.
- For Municipalities: High-capacity fixed-route transit can be highly efficient along major corridors, but it is not designed to cost-effectively pick residents up at their door.
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Smart Routing™ Transit Infrastructure Solution
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Argo’s proprietary Smart Routing™ solution is a turnkey transit infrastructure platform combining fully electric buses, charging infrastructure, routing software, and end-to-end operational systems. It is designed to address the first-and-last-mile challenge for both residents and municipalities, with increasing efficiency as ridership grows and Argo’s smart infrastructure scales.
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- For Residents: Argo provides on-demand pickups at their door in fully electric, accessible buses for a standard transit fare. Riders can travel point-to-point or connect into high-capacity fixed-route transit lines for longer trips.
- For Municipalities: Argo’s system is designed to grow ridership by extending the reach of existing transit networks into the first and last mile. The solution integrates with existing fare systems and fixed-route transit lines, while its predictive routing technology groups passengers efficiently, supporting higher vehicle utilization and more cost-effective service.
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Flexible Deployment Models
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Argo has demonstrated two flexible deployment models for its Smart Routing™ transit system: augmenting an existing large-scale municipal transit network in a major city, and delivering a full municipal transit network in a smaller town.
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• Augmenting Existing Transit Networks: Argo launched its Smart Routing™ transit system in downtown Brampton, where an established large-scale transit network already exists but the first-and-last-mile gap remains a challenge for many residents. The service picks riders up from their door for point-to-point trips or connections to Brampton Transit and GO Transit lines through an on-demand, fully electric service integrated with Ontario’s PRESTO fare system.
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