Mr. Andrea Pagani reports

UPCO INTERNATIONAL INC. ANNOUNCES APPOINTMENT OF FORMER VICE PRESIDENT OF IBASIS TO ACCELERATE THE ADOPTION OF THE UPCO APPLICATION

Upco International Inc. has appointed Juan Ramos Taboada as adviser to the board of directors. Mr. Taboada has extensive experience in building successful companies. He is based in Argentina. From 2011 to 2015, he was the chief operating officer of Business Telecommunications Systems. BTS had revenues of $350-million and he was responsible for world operations. In 2011, Mr. Taboada was the strategic adviser for Skype for Latin America based in Luxemburg and Buenos Aires. He was instrumental in helping Skype to develop its Latin American footprint. From 2000 to 2010 Mr. Taboada was the vice-president Latin America of iBasis. iBasis is a leading international voice carrier and provider of value-added services for mobile operators.

The company rapidly grew to be one of the largest carriers of international voice traffic in the world and in 2009 became a subsidiary of Royal KPN N.V., the national carrier of the Netherlands. He holds a mechanical engineer degree from the National University of Tucuman, Argentina; master in business administration (MBA) from IESE, Barcelona, Spain, and advanced management program (AMP) at Harvard Business School, Boston.

Andrea Pagani, chief executive officer and president, commented: "We are very pleased to have Mr. Ramos Taboada join our team as the adviser to the board. Mr. Ramos Taboada has a very successful background assisting and building companies on the international stage. He will bring tremendous value to our company through his vast network as we roll out our blockchain e-wallet."

Upco has issued 200,000 stock options exercisable at 35 cents for a period of five years to advisers of the company.

About Upco International Inc.

Upco International is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in on-line communications and commerce. Upco is a licensed global telecom carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to Skype and WhatsApp. With the forthcoming addition of the Upco e-wallet using blockchain payment services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments.

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