Venzee Strengthens Sales and Partnership Team With Retail Industry Veterans

Venzee Technologies Inc. (TSXV:VENZ) (“Venzee” or the “Company”) is pleased to announce the addition of John Abrams and Peter Montross to its sales and partner development team. Both Abrams and Montross join Venzee from Shotfarm, a Chicago-based competitor to Venzee, to lead the enterprise sales and partnership growth.

Joining Venzee as VP of Sales, Mr. Montross brings over 28 years of experience in the retail industry, delivering strong revenue performance and growth. Mr. Montross has extensive sales experience and success with SaaS content exchange solutions, business intelligence products and Product Information Management (“PIM”) software products and services.

On the announcement of appointment, Montross comments, “I am very excited to join the team and build upon the momentum that Venzee is already creating in the industry. Venzee’s innovative and differentiated technology automates, streamlines and accelerates the transformation and delivery of product content between manufacturers and retailers, providing incredible value to a retail industry desperately in need of tools to optimize the digital supply chain.”

Joining Venzee as VP of Partner Development, Mr. Abrams brings more than two decades of experience building high-volume, consumer-relevant digital supply chains in regulated and globally distributed industries. His work with brands including the McDonald’s Corporation and Cardinal Health helped reduce cost, improve processes, and transform the customer experience on a global scale.

At Venzee, Mr. Abrams will lead partner engagement activities and work primarily with enterprise-level content management services which require reliable, high-volume, product syndication solutions for their clients in retail, distribution, and manufacturing.

According to Mr. Abrams, “Venzee offers the sophisticated API-based tools required to do more than just remain relevant in retail today, but grow market share and improve customer engagement with highly-relevant product content.”

Mr. Abrams has served on both public and private boards including a peer-elected position at GS1 Healthcare based in Brussels, Belgium.

Mr. Peter Mackay, CEO of Venzee comments, “John and Peter join us with incredible knowledge and experience driving strategic growth into the retail industry for SaaS modeled companies. They recognized the potential of our technology for retailers and vendors and I am confident they will bring a wealth of traction to the Company. John and Peter’s leadership and industry relationships will be extremely valuable as we continue to grow our distribution and sales of Venzee’s core technology platform in the enterprise world.”

About Venzee

Venzee is a SaaS (software as a service) company that launched in 2014 to help e-commerce vendors and retailers easily share product information in a US$23 trillion retail industry (source: Statista). Traditionally, this was achieved by using spreadsheets, which created a labor-intensive, error inducing process that delayed products from reaching the marketplace. Venzee’s technology streamlines product information management, allowing thousands of vendors and retailers to seamlessly share information, avoiding delays and getting products to market faster than ever. To learn more about Venzee, visit https://venzee.com.

The Venzee technology is leveraged for the creation of the Company’s blockchain solution, Mesh. Mesh is able to import, merge and transform data from existing systems before writing to blockchain networks, greatly simplifying the process of integrating blockchain networks with conventional databases. For more about Mesh, visit https://meshblockchain.com.

The Company graduated from notable start-up accelerator program 500 Startups and is already powering some of the biggest brands in the world.

Contact

Investor Relations

Caleb Jeffries

Investor Relations, Kin Communications Inc.

1-866-684-6730

VENZ@kincommunications.com

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the execution of the Company’s growth strategy. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; and regulatory risks. Additional information about these assumptions and risks and uncertainties is contained under “Risk Factors” in the Company’s filing statement dated December 12, 2017, which is available under the Company’s SEDAR profile at www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

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

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