Mr. Harold Hemmerich reports

INTERFIELD GLOBAL SOFTWARE INC. ANNOUNCES AMENDMENT TO TERMS AND EXTENSION OF PRIVATE PLACEMENT FINANCING

Interfield Global Software Inc. has amended the terms and extended the closing date of the previously announced non-brokered private placement financing. The offering will now consist of up to eight million units of the company at a price of 25 cents per unit, for aggregate gross proceeds of up to $2-million, subject to increase at the discretion of the board of directors of the company. The closing date of the offering is expected to occur on or about Oct. 31, 2023.

Each unit will now consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share in the capital of the company at an exercise price of 40 cents for a period of three years from the closing date of the offering.

The amended terms will apply to all subscriptions. All those persons who have already executed and returned subscription agreements will automatically benefit from the amended terms and no further action is required on their part.

The gross proceeds from the offering will be used by the company for general corporate and working capital. The offering (including the amendment thereto) is subject to receipt of all applicable regulatory approvals, including the approval of Neo Exchange Inc.

The offering will be completed pursuant to the accredited investor exemption from the prospectus requirements under applicable Canadian securities laws. The unit shares, warrants and warrant shares issuable upon exercise of the warrants will be subject to a statutory four-month-and-one-day hold period from the date of issue, in accordance with applicable Canadian securities laws. None of the unit shares, warrants and warrant shares issuable upon exercise of the warrants will be registered under the United States Securities Act of 1933, as amended, or state securities laws, and none may be offered or sold in the United States, except under circumstances that do not require registration under the U.S. Securities Act or any applicable state securities laws.

Steele Hemmerich, president of Interfield Global Software, commented, "In response to interest and positive feedback from our investors and the brokerage community, we are pleased to amend the terms of the offering to further enhance investor returns."

About Interfield Global Software Inc.

The company is a publicly listed company, with its common shares listed on the NEO Exchange (IFSS) and operates out of Dubai, United Arab Emirates, through its wholly owned subsidiary, Interfield Software Solutions LLC.

Interfield Solutions is a software company that services numerous industrial segments worldwide, including oil and gas, mining, and renewables. Interfield Solutions has two operating divisions, e-commerce and software as a service. Equipment Hound, the company's flagship product of its e-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third party verification. ToolSuite, the company's flagship product of its software as a service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

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