Mr. Tony Ciciretto reports

TERAGO ANNOUNCES DAVID CHARRON AS INCOMING CHIEF FINANCIAL OFFICER

TeraGo Inc. has appointed David Charron as its next chief financial officer, to be effective on or about Sept. 5, 2017.

Mr. Charron brings more than 20 years of financial leadership experience to the company and a wealth of knowledge and expertise in the IT services industry. He is currently serving his remaining term as chief financial officer and corporate secretary at Redknee Solutions Inc., a provider of mission-critical monetization and subscriber management solutions to communications service providers. Mr. Charron has spent 10 years at Redknee and is responsible for all of its financial and corporate matters, including financial and management reporting, financial planning and analysis, investor relations, taxation, treasury, and the legal function. His pending departure from Redknee and subsequent start at TeraGo will occur after the completion of Redknee's previously announced rights offering. Prior to his tenure with Redknee, Mr. Charron held senior finance positions with Nortel Networks Corp. and The Descartes Systems Group. Mr. Charron has a bachelor of engineering as well as a master of business administration degree, both from McMaster University. He is a chartered professional accountant of Ontario (CPA, CMA) and is a member of Professional Engineers Ontario.

"On behalf of the board and all employees of TeraGo, I want to say that we are very excited to be welcoming David to the TeraGo senior leadership team as our new CFO. I am confident he has the right blend of experiences and qualifications to help the company continue its execution of the strategic growth plan," said Tony Ciciretto, president and chief executive officer of TeraGo.

About TeraGo Inc.

TeraGo provides businesses across Canada and internationally with cloud, colocation and connectivity services.