Mr. Eugene Suyu reports

TINKERINE STUDIOS SALES INCREASE 270% IN 2015 TO $1,268,000

Tinkerine Studios Ltd. had record sales for the fiscal year ended Dec. 31, 2015, of approximately $1,268,000, a 270-per-cent increase versus the comparable period sales of $343,000 for the year ended Dec. 31, 2014. During the fourth quarter of 2015, Tinkerine recorded sales of $349,000, a 236-per-cent increase over fourth quarter 2014 sales of $104,000. Higher sales during 2015 are attributable to increasing demand for the Tinkerine Ditto Pro 3-D printer, filament consumable and associated software downloads from TinkerineU, which is Tinkerine's content sharing platform advocating hands-on learning with 3-D printing.

President and chief executive officer Eugene Suyu stated: "We are very pleased with the growth of Tinkerine in 2015 and the continuing interest from the education sector. Our team at Tinkerine is developing new relationships with members of the education community, with a focus on STEAM (science, technology, education, arts and mathematics) based education content. In addition to identifying and fostering new relationships, we are receiving new requests for methods to incorporate 3-D printing into everyday activities. We are proud to give new users the opportunity to build up a foundation of skillsets in 3-D printing, and will continue to develop new content for advancing educational content. I want to thank all shareholders and stakeholders for their support and look forward to delivering continued success and accelerated growth."

       SALES PERFORMANCE BY QUARTER

                 2015              2014

Q1           $108,000           $86,000
Q2           $345,000           $54,000
Q3           $466,000           $99,000
Q4           $349,000          $104,000

In addition, Tinkerine added new dealers and distributors during the fourth quarter of 2015, with an expectation of orders from these new partners during the first half of 2016.

Warrants and options

During the fourth quarter of 2015, Tinkerine had 13,156,675 warrants expire and 40,000 warrants were exercised, leaving no warrants outstanding. As of Dec. 31, 2015, the company had 42,638,349 shares outstanding. The company recently applied for and received TSX Venture Exchange approval to reprice all 2,425,000 outstanding options to an exercise price of 7.5 cents. With respect to 950,000 options held by officers and directors, ratification by disinterested shareholders is required under TSX Venture Exchange rules and will be sought at the company's next annual general meeting in the second quarter of 2016.

We seek Safe Harbor.