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File: FINAL - BAXS - AXS Name Change Press Release - 081618.docx

AXS Blockchain Solutions Inc. and Chainlinks Lab Inc. Announce Name Change to LiteLink Technologies Inc. and LiteLink 
--->Labs Inc.

VANCOUVER, British Columbia, August 16, 2018 - LiteLink Technologies Inc. ("LiteLink") (CSE:BAXS) (FRA:C0B) a leader i
--->n blockchain solution development, is pleased to announce that it will change its name from "AXS Blockchain Solutions 
--->Inc." to "LiteLink Technologies Inc."

Effective at the market opening on August 21, 2018, the common shares of the Company are expected to commence trading 
--->on the Canadian Securities Exchange under the Company's new name and under the trading symbol "LLT".

To maintain consistency across the brand, recent acquisition, Chainlinks Lab Inc. has also changed its name to LiteLin
--->k Labs Inc.

Ashik Karim, CEO of LiteLink, stated, "By renaming our parent company to LiteLink, our brand is aligned more closely w
--->ith the Company's refined vision that aims to link enterprises and their people with our leading-edge technologies thr
--->ough the lightest integration costs, and complexity possible. Our customers are tired of antiquated enterprise systems
---> and overly complex integration platforms. LiteLink will provide a near-zero cost integration platform that can be use
--->d on-demand. In addition, LiteLink has diversified its competencies to include AI deep cognitive learning for their pl
--->atforms, rather than solely focusing on blockchain technologies."  

About LiteLink Technologies Inc. 

LiteLink Technologies is a blockchain solution provider that acquires and develops businesses devoted to enhancing the
---> future of blockchain. Leveraging an extensive network of product development communities and digital media, LiteLink 
--->Technologies builds and creates partnerships with blockchain technology startups which turn simple, innovative ideas i
--->nto businesses supercharging the industry.

About LiteLink Labs Inc.

LiteLink Labs is a wholly owned subsidiary of LiteLink Technologies Inc. that integrates blockchain-based systems with
---> A.I. technology in existing legacy businesses. LiteLink Labs develops and implements blockchain solutions for telecom
--->munications, logistics, payment, and billing systems to make these markets more efficient, secure, traceable, and ente
--->rprise ready.       

Investor Relations:
For information about investing in LiteLink Technologies Inc., please visit https://LiteLinkTech.com or contact Invest
--->or relations:
Bronson Peever
Emal: investor@LiteLinkTech.com
Phone: 604.351.2085

Media Enquiries (only):
For media enquiries or to set up an interview, please contact:
Jonathan Malach
Email: jmalach@LiteLinkTech.com
Phone: 604-808-7766

Forward-looking Statement
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Sec
--->urities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the wor
--->ds "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and other similar wo
--->rds or expressions identify forward-looking statements or information.  These forward-looking statements or informatio
--->n may relate to LiteLink Technologies Inc. and LiteLink Labs Inc., the proposed change of name by the Company and its 
--->wholly-owned subsidiary Chainlinks Lab Inc., the nature of the business of LiteLink Technologies Inc. and LiteLink Lab
--->s Inc, and other factors or information. Such statements represent LiteLink's current views with respect to future eve
--->nts and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink,
---> are inherently subject to significant business, economic, competitive, political and social risks, contingencies and 
--->uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially
---> different from the results, performance or achievements that are or may be expressed or implied by such forward-looki
--->ng statements.  LiteLink does not intend and does not assume any obligation, to update these forward-looking statement
--->s or information to reflect changes in assumptions or changes in circumstances or any other events affections such sta
--->tements and information other than as required by applicable laws, rules and regulations.