Mr. Greg Johnston reports

CARL DATA WELCOMES VIKAS RANJAN TO BOARD OF DIRECTORS

Carl Data Solutions Inc. has appointed finance and investment expert Vikas Ranjan to its board of directors. Previous board members Craig Tennock and Julie McClure have resigned to pursue other opportunities. Mr. Rajan is a management professional with an MBA in finance from McGill University, and over 22 years of experience in diverse areas of finance, capital markets, entrepreneurship and investing.

As co-founder and a member of the board of directors at Gravitas Financial Inc. (GFI), a Toronto-based investment holding and merchant banking firm, Mr. Ranjan helps to make strategic investments in quality wealth management, financial technology and mining companies. GFI is active in North America, as well as fast-growing international regions including China, India and the Middle East.

"I am very pleased to join the board of Carl Data at this exciting growth phase. During the current information era, harnessing data for actionable intelligence is at the core of what makes businesses successful. With its focus on predictive environmental forecasting and use of end-to-end connected technologies, Carl Data is well positioned for rapid commercialization of its monitoring platform. The advent of 5G networks globally will likely lead to an explosion of data and information and will further enhance the usefulness of its platform and present ever more business opportunities. Working along with other board members, I am looking forward to helping the management team meet its business objectives and build value for shareholders and stakeholders," said Mr. Ranjan.

"Vikas Ranjan's proven track record of working with Canadian technology companies to generate shareholder value and growth will benefit Carl Data is this time of global expansion," said Greg Johnston, Carl Data chief executive officer and president. "He is very attuned to the potential of industrial IoT to become force of change for better use of resources and managing of infrastructure."

About Carl Data Solutions Inc.

Carl Data Solutions is an industrial Internet of things company that provides next-generation collection, storage and analytics solutions for data-centric companies.