Mr. Adam Radly reports

VELOCITY ANNOUNCES A 24% INCREASE IN REVENUE

Velocity Data Inc. is releasing a correction to its previous news release as follows. Velocity has released its financial statements for the three-month period ending July 31, 2014 (the previous news release incorrectly stated 2013). Revenue for the three-month period ending July 31, 2014, was $11.2-million, representing an increase of 24 per cent over the same period in 2013. The financial statements have been filed and can be accessed from the investor section of the company's website.

Velocity chief executive officer Adam Radly said: "We are very pleased with this substantial year-over-year increase in revenue. Our management is doing a great job of executing our plan. In the meantime, we are working on several other growth strategies, and I look forward to talking about them soon."

The company has provided information regarding its major projects since commencing trading as a public company. Mr. Radly said, "We will continue to provide updates regarding the commencement and completion of the major projects as they occur."

Further information about Velocity is available under its profile on the SEDAR website and on Velocity's page on the Canadian Securities Exchange website.

We seek Safe Harbor.