Platform 9 Capital Terminates Proposed Qualifying Transaction with Uptempo Inc.

Toronto, Ontario–(Newsfile Corp. – May 15, 2019) – Platform 9 Capital Corp. (TSXV: PN.P) (the “Company“) and Uptempo Inc. (“Uptempo”) announce that at this time they have mutually agreed not proceed with the proposed qualifying transaction previously announced on October 10, 2018, and the term sheet has been terminated by mutual agreement.

About Platform 9 Capital Corp.

The Company is incorporated under the Business Corporations Act (Ontario) and is a Capital Pool Company listed on the TSXV. The Company has no commercial operations and has no assets other than cash. For further information please see the final prospectus of the Company dated May 17, 2018, filed on SEDAR at www.sedar.com.

For further information please contact:

John Travaglini
Chief Executive Officer
(416) 861-1100

Cautionary Notes

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44815

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SoftLab9 Signs Agreement with Moody’s Subsidiary Bureau Van Dijk

Montreal, Quebec–(Newsfile Corp. – March 19, 2019) – Software development company, SoftLab9 Software Solutions Inc. (CSE: SOFT) (the “Company” or “SoftLab9”), is pleased to announce it signed an agreement on March 19, 2019 with Bureau Van Dijk (BVD), a subsidiary of Moody’s credit agency, to work with them as a key provider of global company information for SoftLab9’s EnhanceComply.com compliance products.

Rahim Mohamed, Co-founder and CEO of Softlab9, stated, “We are very excited to add BvD as a member of our data partners. They enhance our coverage with the world’s most comprehensive data sets, including beneficial ownership, corporate structure, and more. Adding these capabilities will make SoftLab9’s enhanced due diligence one of the most thorough services available.”

Over the past months, SoftLab9 has developed proprietary data analysis software that integrates with traditional data sources, greatly reducing research time and liability while accelerating time to revenue. They are working in conjunction with some of the world’s most advanced aggregators in regulatory technology, electronic identification, media monitoring, financial scoring, and business intelligence.

SoftLab9 has future plans to integrate Artificial Intelligence (AI) to their datasets for even more efficiency in analyzing large amounts of structured and unstructured data. The Company has already entered agreements for this product which they will be marketing to many different sectors that are affected by the increasing regulations.

For more information about SoftLab9 projects and developments, visit softlab9.com.

About SoftLab9 Software Solutions Inc.

SoftLab9 is engaged in software development for advertising, Fintech, RegTech, data aggregation, and compliance in today’s new, data-driven business landscape. We strive to be industry leaders, creating innovations engineered from the ground up by our diverse culture of talent. SoftLab9 delivers sustained value by strategically producing next generation software and services to address our clients’ immediate and long-term needs, helping them reach their goals on a global scale.

Contact for SoftLab9:

Rahim Mohamed, Co-Founder & CEO
SoftLab9 Software Solutions Inc.
E: rm@softlab9.com
C: (403) 605-9429

Jay Ruckenstein, Co-Founder & President
SoftLab9 Software Solutions Inc.
E: j@softlab9.com
T: 833-SOFTLAB (833-763-8522)
C: 514-708-2200

FORWARD-LOOKING STATEMENTS

Certain statements in this release are forward-looking statements/information. Statements about the Company’s plans and intentions, potential revenues, the integration of Artificial Intelligence into Enhance Comply solution, marketing of Enhance Comply, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, present and future business strategies, the ability to successfully develop software, anticipated costs, the environment in which the Company will operate in the future, and other factors, many of which are beyond the control of the Company. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: that laws and regulations may become more onerous; the ability of the Company to obtain necessary financing; the economy generally; the future growth, results of operations, performance and business prospects and opportunities; changes in laws and regulations; changes in and the effect of government policies; demand for products and services; competition; anticipated and unanticipated costs; reliance on management; claims and legal proceedings; conflicts of interest; and market price and volatility of the common shares of the Company. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, changes in laws, negative sentiment towards the industry in which the Company operates, increase in operating costs, the loss of key directors, employees, advisors or consultants, technology failures, litigation, failure to develop new and innovative products, failure of counterparties to perform their contractual obligations and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The Canadian Securities Exchange has not reviewed, nor approved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43510

SoftLab9 Software Solutions Inc. Launches Site for Their Due Diligence and Compliance Solution

Montreal, Quebec–(Newsfile Corp. – March 15, 2019) – Software development company, SoftLab9 Software Solutions Inc. (CSE: SOFT) (the “Company” or “SoftLab9”), is pleased to announce the launch of the website for Enhance Comply, their enhanced due diligence and compliance solution. The B2B service is already fully operational and generating revenue. The site, enhancecomply.com, is intended to generate leads and give more in-depth information regarding the services available.

SoftLab9 is leveraging their data aggregating technologies and experience to address the growing global demand for regulatory technology, or RegTech, brought about by the increase in cybercrime, financial fraud, money laundering, and criminal/terrorist behaviours. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada’s anti-money laundering agency, and other governmental agencies and bodies around the world have been steadily increasing compliance requirements in just about every industry, especially in the financial services sector. Not following the regulations can lead to severe penalties – even criminal liability.

Just last month, FINTRAC completed the internal review of its penalty system. After a period of nearly three-years during which fines were halted, the organization is ready to start issuing them again. FINTRAC has the power to issue monetary penalties as large as $2 million and 5 years of imprisonment for offences such as failing to report suspicious transactions. The strict regulations and reporting requirements don’t just affect the financial sector, accountants; life insurance companies, brokers and agents; real estate agencies; securities dealers; dealers in precious metals and stones; casinos; agents of the Crown; and others need to ensure their compliance.

In response, SoftLab9 has developed proprietary data analysis software that integrates with traditional data sources, greatly reducing research time and liability while accelerating time to revenue. They are working in conjunction with some of the world’s most advanced aggregators in regulatory technology, electronic identification, media monitoring, financial scoring, and business intelligence.

SoftLab9 has future plans to integrate Artificial Intelligence (AI) to their datasets for even more efficiency in analyzing large amounts of structured and unstructured data. The Company has already entered agreements for this product which they will be marketing to many different sectors that are affected by the increasing regulations.

For more information about SoftLab9 projects and developments, visit softlab9.com.

About SoftLab9 Software Solutions Inc.

SoftLab9 is engaged in software development for advertising, Fintech, RegTech, data aggregation, and compliance in today’s new, data-driven business landscape. We strive to be industry leaders, creating innovations engineered from the ground up by our diverse culture of talent. SoftLab9 delivers sustained value by strategically producing next generation software and services to address our clients’ immediate and long-term needs, helping them reach their goals on a global scale.

Contact for SoftLab9:

Rahim Mohamed, Co-Founder & CEO
SoftLab9 Software Solutions Inc.
E: rm@softlab9.com
C: (403) 605-9429

Jay Ruckenstein, Co-Founder & President
SoftLab9 Software Solutions Inc.
E: j@softlab9.com
T: 833-SOFTLAB (833-763-8522)
C: 514-708-2200

FORWARD-LOOKING STATEMENTS

Certain statements in this release are forward-looking statements/information. Statements about the Company’s plans and intentions, potential revenues, the integration of Artificial Intelligence into Enhance Comply solution, marketing of Enhance Comply, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, present and future business strategies, the ability to successfully develop software, anticipated costs, the environment in which the Company will operate in the future, and other factors, many of which are beyond the control of the Company. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: that laws and regulations may become more onerous; the ability of the Company to obtain necessary financing; the economy generally; the future growth, results of operations, performance and business prospects and opportunities; changes in laws and regulations; changes in and the effect of government policies; demand for products and services; competition; anticipated and unanticipated costs; reliance on management; claims and legal proceedings; conflicts of interest; and market price and volatility of the common shares of the Company. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, changes in laws, negative sentiment towards the industry in which the Company operates, increase in operating costs, the loss of key directors, employees, advisors or consultants, technology failures, litigation, failure to develop new and innovative products, failure of counterparties to perform their contractual obligations and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The Canadian Securities Exchange has not reviewed, nor approved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43425

SoftLab9 Software Solutions Inc. Signs Development Agreement with Cybersecurity Expert Terry Cutler

Montreal, Quebec–(Newsfile Corp. – March 12, 2019) – Software development company, SoftLab9 Software Solutions Inc. (CSE: SOFT) (the “Company” or “SoftLab9”), is pleased to announce they signed an agreement to develop an Information Technology Mobile App with cybersecurity expert, Terry Cutler. This revenue-generating app is almost in beta testing and is set to fully launch in the next two months.

Mr. Cutler, who was voted #1 Top Influencer in Cybersecurity by IFSEC Global 2018, is the creator of the Internet Safety University system, which helps corporations and individuals defend themselves from cyber threats. He is frequently called upon by National and Global media, as well as police, to discuss cyber-crime, spying, security failures, internet scams, and social network dangers. Terry is passionate about educating the public, and can be found a few times each year presenting to Montreal-area students about the possible dangers lurking online. His pedagogical skills led to his being named the Cybersecurity Educator of the Year at the Cybersecurity Excellence Awards as well as receiving the Academic Award by the International Cyber Security and Intelligence Conference in 2017, at which time he also received the Leadership Award.

Rahim Mohamed, CEO at SoftLab9, stated, “We are honoured to be working with Terry, one of the country’s top cybersecurity experts. He has a keen knowledge of the online world that not many can claim, and it creates an interesting synergy when paired with our technology.”

The App will deliver information and updates on the latest Information Security threats to the general public, and tips on how to detect, prevent, and defend against these threats. Users can tailor the app by specifying the types of threats they are most concerned about. Used in conjunction with corporate training, the App will be an invaluable tool for any organization with a need for security awareness. Additionally, the App can be customized for corporations and institutions to ensure their employees stay informed, their data is kept safe, and they remain compliant thus reducing liabilities.

“I chose to work with SoftLab9 because their software development team is one of the best out there,” said Mr. Cutler. “I’m looking forward to our collaboration and the development of this innovative and unique App.”

For more information about SoftLab9 projects and developments, visit softlab9.com.

About SoftLab9 Software Solutions Inc.

SoftLab9 is engaged in software development for advertising, Fintech, RegTech, data aggregation, and compliance in today’s new, data-driven business landscape. We strive to be industry leaders, creating innovations engineered from the ground up by our diverse culture of talent. SoftLab9 delivers sustained value by strategically producing next generation software and services to address our clients’ immediate and long-term needs, helping them reach their goals on a global scale.

Contact for SoftLab9:

Rahim Mohamed, Co-Founder & CEO
SoftLab9 Software Solutions Inc.
E: rm@softlab9.com
T: 833-SOFTLAB

Jay Ruckenstein, Co-Founder & President
SoftLab9 Software Solutions Inc.
E: j@softlab9.com
T: 833-SOFTLAB

About Terry Cutler

Terry Cutler is a government-cleared cybersecurity expert (a Certified Ethical Hacker) who was voted #1 Top Influencer in CyberSecurity by IFSEC Global for 2018. He specializes in the anticipation, assessment, and prevention of security breaches for governments, corporations, businesses, and consumers, as well as Internet Safety for Children.

As a multiple award-winning information security strategist for almost 20 years, Mr. Cutler has advised some of Canada’s largest companies on how to prevent and remedy internal and external security penetration. For the general public, he developed Internet Safety University, an effective online learning program arranged in modules and updated regularly to keep up with the rapidly changing and threatening digital landscape.

Terry Cutler is a frequent contributor to media reportage about cyber-crime, spying, security failures, internet scams, and the real social network dangers that families and individuals face every day.

Terry Cutler has coined the term Cyologist™ to describe what he does. His mission is to “help individuals and corporations protect themselves from data breaches and other online cyber threats through his videos, media appearances, coaching products and consulting services.”

For more information visit TerryCutler.com.

FORWARD-LOOKING STATEMENTS

Certain statements in this release are forward-looking statements/information. Statements about the Company’s plans and intentions, development of the app with Terry Cutler, potential revenues, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, present and future business strategies, the ability to successfully develop software, anticipated costs, the environment in which the Company will operate in the future, and other factors, many of which are beyond the control of the Company. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: that laws and regulations may become more onerous; the ability of the Company to obtain necessary financing; the economy generally; the future growth, results of operations, performance and business prospects and opportunities; changes in laws and regulations; changes in and the effect of government policies; demand for products and services; competition; anticipated and unanticipated costs; reliance on management; claims and legal proceedings; conflicts of interest; and market price and volatility of the common shares of the Company. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, changes in laws, negative sentiment towards the industry in which the Company operates, increase in operating costs, the loss of key directors, employees, advisors or consultants, technology failures, litigation, failure to develop new and innovative products, failure of counterparties to perform their contractual obligations and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The Canadian Securities Exchange has not reviewed, nor approved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43362

Platform 9 Capital Corp. Enters Into Term Sheet With Uptempo Inc.

Toronto, Ontario–(Newsfile Corp. – October 10, 2018) – Platform 9 Capital Corp. (TSXV: PN.P) (“Platform 9” or the “Corporation“), is pleased to announce that it has entered into a non-binding term sheet (the “Term Sheet“) with Uptempo Inc. (www.uptempo.net), a financial technology company (“Uptempo“), providing consumers with proprietary technology that improves their financial trajectory. Uptempo was incorporated on January 18, 2018 under the Canada Business Corporations Act and currently, together with its subsidiaries, has a staff of approximately 44, with offices in New York, NY, Orlando, FLA and Toronto, ON.

Uptempo assists U.S. consumers in managing their liabilities by modifying their payment dates to align with their cash flow, resulting in higher payments being made to lenders, and reduced amortization periods for consumers, underpinned by significantly reduced delinquencies. This is achieved through a proprietary technology and regulatory platform that brings to bear a unique consumer financial experience, which enables Uptempo to deliver multiple additional ‘bank like’ products in the future. By connecting consumers with its U.S. bank partners through its Cloud Based platform, Uptempo earns income through recurring fees, over the duration of the liabilities being managed for the consumer, without taking balance sheet risk. The Uptempo platform falls into the Open Banking and Payments sectors, within the FinTech category.

Pursuant to the Term Sheet, the Corporation, subject to entering into a binding definitive agreement with Uptempo (the “Transaction Agreement“), has agreed to combine with Uptempo by way of three-cornered amalgamation, merger or other similar form of transaction (the “Transaction“). The Transaction is an arm’s length transaction and, when completed, may be considered to be Platform 9’s Qualifying Transaction for the purposes of the TSX Venture Exchange Inc. (the “Exchange“). The Corporation’s valuation will be equal to the greater of CAD $2MM or the value of 2% of the issued and outstanding common shares of the resulting issuer upon closing of the Transaction (excluding common shares issued in connection with the minimum CAD $10MM brokered financing described below). The Corporation has requested its common shares to be halted by the Exchange pending negotiation of the Transaction Agreement and review by the Exchange of the materials for the Transaction. Trading in the common shares of the Corporation are expected to remain halted until the closing or termination of the Transaction.

This is an initial press release. The Corporation intends to issue a further press release once it has entered into the Transaction Agreement to provide, among other things, the selected financial information related to Uptempo and the Transaction.

Uptempo has, contemporaneously with the entering into of this Term Sheet, appointed 4Front Capital Partners Inc., as agent, to complete a brokered private placement of at least CAD $3MM (less amounts previously raised by Uptempo pursuant to a non-brokered financing) which will be completed prior to entering into the Transaction Agreement, and some of the principals of Platform 9 have agreed to invest an aggregate of CAD $250K into this financing. In connection with the Transaction, it is anticipated that Uptempo will complete an additional brokered private placement at the time of closing of the Transaction for gross proceeds of at least CAD $10MM on terms to be determined.

It is currently anticipated that the board of directors of the resulting issuer will, subject to regulatory approval, consist of the following individuals and other industry experts and independent directors with Canadian capital markets experience:

Art Mannarn

Mr. Mannarn is the former Executive Vice-President and Administrative Officer, Retail and Business Banking for CIBC. He has over 30 years of transformational financial services experience across Retail Banking, Operations, and Wealth Management. Arthur is a recognized leader in fostering transformational innovation and change through strategic execution of both transactional and organic growth. He currently serves as Managing Partner of MBR Advisory, which provides strategic consulting to global consulting firms, technology companies and fintechs specializing in Retail Banking and Wealth Management.. Mr. Mannarn is a Director of the Ted Rogers School of Management Ryerson Board, director of Capitalize for Kids and Vice Chairman of the Canadian Women’s Hockey League. He has also served on the Board of Directors of CORE and INTRIA Items Inc. and was a former President of Toronto’s Ronald MacDonald House.

N. William C. Ross

Mr. Ross is Senior Counsel with the Toronto law firm WeirFoulds LLP and is an expert in corporate governance. It is anticipated that he will serve as Non-Executive Chairman of the board of the resulting issuer. He currently serves on the Board of the Royal Canadian Mint and is a member of its Governance and Nominating Committee. He has also served in the past on the Boards of Directors of several Canadian corporations, including public, private charitable and Crown corporations. His directorships have included Canada Development Investment Corporation (Chair), Canada Hibernia Holding Corporation (Chair), National Ballet of Canada, National Ballet Foundation (Secretary), Providence Centre, Chapters Inc., Keg Restaurants Inc. and Acuity Funds Ltd.

Michael Hilmer

Mr. Hilmer serves as Chairman and Chief Executive Officer of Uptempo Inc. He brings 30 years of banking, SAAS technology, FinTech Platform and lending experience to the company. An innovative thought leader in the financial technology space, Mr. Hilmer has combined his extensive experience to bring to market a revolutionary consumer financial management experience.

Jason Ewart

Mr. Ewart currently serves as a Director and Executive Vice President, Capital Markets of Uptempo Inc. Mr. Ewart is the co-founder and former CEO of the Canadian merchant bank, Fountain Asset Corp. He currently sits on the boards of Hexo Corp., Marathon Mortgage Corp, Attorneys Title Guarantee Fund Inc., and the Northumberland Community Futures Development Corp. Mr. Ewart is a member of the Institute of Corporate Directors (ICD) in Canada.

John Travaglini

Mr. Travaglini is a technology and capital markets entrepreneur and an experienced M&A professional. Mr. Travaglini is a founder and Chief Executive Officer of 4Front Capital Partners Inc. Mr. Travaglini has held board positions and executive management positions in both public and private companies in Canada and abroad.

Updates in respect of the management and board of directors of the resulting issuer will be provided to the market as they may be determined by the parties.

Platform 9, a capital pool company within the meanings of the policies of the Exchange, does not have any operations and has no assets other than cash. Platform 9’s business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.

Completion of the Transaction is subject to a number of conditions, including customary closing conditions such as due diligence and shareholder approval. Where applicable, the Transaction cannot close until any required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of Platform 9. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive applicable Board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and Platform 9 disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information please contact:

John Travaglini
Chief Executive Officer
(416) 861-1100

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES