Mr. Jeffrey Carlson reports

METAVISTA3D ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING

Metavista3D Inc. has closed its previously announced non-brokered private placement for a total of 1,436,781 common shares at a price of $1.74 per common share for gross proceeds of $2.5-million.

In accordance with applicable securities legislation, the common shares issued pursuant to the offering are subject to a hold period of four months plus one day from the date of the completion of the offering. The proceeds raised from the offering will be used by the company for general corporate purposes. No finders' fees were paid in connection with the sale of the common shares.

About Metavista3D Inc.

Metavista3D, through its wholly owned subsidiary, psHolix AG, is at the forefront of developing artificial-intelligence-driven, pseudo-holographic display technologies designed to transform the interaction with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3-D experiences.

Metavista3D's shares are publicly traded and listed in Canada on the TSX Venture Exchange under the ticker symbol DDD and on the German stock exchange in Frankfurt and others under the ticker symbol E3T.

Metavista3D's ISIN is CA59142H1073, and the German WKN is A3EG0D.

We seek Safe Harbor.