Mr. Brian Craig reports

KATIPULT SECURES MULTI-YEAR, MULTI-MILLION DOLLAR NEW CUSTOMER CONTRACT

Katipult Technology Corp. has entered into a three-year, multimillion-dollar software agreement with a new North American customer. The win represents the largest contract value in Katipult's history and signals its emergence as a market-leading SaaS (software as a service) provider for the capital markets.

"This new customer win validates Katipult's deep product capabilities and our strategic vision to remake and reimagine how capital markets operate. We were selected in a highly contested, competitive evaluation across a range of capabilities, including broad industry functionality, security, scalability and user experience. The win also serves to accelerate our path to profitability and positive cash flows," said Gord Breese, Katipult president and chief executive officer.

Katipult was selected for its unrivalled capability to provide a seamless, end-to-end solution for all stages of the new issue investment process, including:

• New investor account registration;
• Deal creation and management;
• Investor marketing and order allotment;
• Transaction execution and record keeping;
• Compliance review and approval management;
• Analytics and security auditing.

The new customer will be deploying Katipult's deal flow new issue platform to power its strategy of creating unprecedented efficiencies and automation within new and growing segments of the capital markets. With a proven record in both capital markets and crowdfunding technology, Katipult is an ideal partner for this new initiative.

"We are excited by this deal -- this is a milestone moment for Katipult. We have made significant investment to increase the automation in equity markets deal flow and we believe this transaction will contribute to a bellwether that will lead to a major transformation in equity capital markets. The commercial terms of this transaction will contribute to short-term growth for Katipult, but we keep an eye to the long term, and the team at Katipult are focused on building enduring competitive advantages," added Brian Craig, Katipult chairman.

About Katipult Technology Corp.

Katipult is a provider of industry leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. Its cloud-based platform and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model and localization requirements.

We seek Safe Harbor.