Mr. Peter Mackay reports

VENZEE EXECUTES CONTENT DISTRIBUTION AGREEMENT WITH GLOBAL E-COMMERCE SERVICE PROVIDER

Venzee Technologies Inc. has added a New York Stock Exchange publicly traded global e-commerce service provider to its channel partner program.

Venzee Technologies' channel partner program was created to leverage Venzee Technologies' Mesh API (application programming interface) platform for high-volume product manufacturers, large retailers and global distributors to integrate their existing content systems with an increasingly challenging retail landscape. With today's announcement, Venzee Technologies' technology is now available to serve more than 100,000 manufacturers, distributors and retailers through its announced partnerships. This represents an addressable market greater than $50-million (U.S.) per year.

"The channel partner program has resulted in a handful of previously announced contractual engagements," commented Peter MacKay, president and chief executive officer of Venzee Technologies. "These agreements are being executed to drive our revenue for Venzee and its shareholders. Venzee has a unique technology that is clearly being recognized by the leading providers of on-line content distribution."

Launched in February, Venzee Technologies' channel partner program offers brands, manufacturers, retailers and distributors an open, API-based, system-agnostic content distribution platform. Venzee Technologies' workflow technology complements and extends utility for content management systems, ERPs and other platforms common in complex product organizations.

"Consumer demand for useful, detailed and relevant product information has been the primary driver behind the growth of Venzee and our partner program in particular," commented John Abrams, vice-president of partner development at Venzee Technologies. "Brands need to optimize their investment in content management to remain consumer relevant -- integrating Venzee's content distribution tools with existing management solutions helps connect brand content to demanding consumers."

Venzee Technologies' intense focus on using modern technology to automate process and remove content distribution friction aligns with, and supports, the objective of providing end-to-end content availability made by traditional content management platforms serving the vast majority of enterprise-class manufacturers, retailers and distributors.

With this agreement, Venzee Technologies has four signed partners from its funnel of 34 partners in discussion to utilize its technology, of which nine more are in active negotiations.

About Venzee Technologies Inc.

Venzee Technologies is a data transformation and distribution solution that eliminates inefficiencies in the digital supply chain by delivering consumer-ready product information to retailers. Powered by its core technology, Mesh, Venzee Technologies automates content exchange workflows that increase margins and accelerate revenue. Through a suite of products, Venzee Technologies provides customized solutions for enterprises of all sizes, meeting each client's desired level of sophistication and automation.

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