Mr. Kyle Hall reports

INEO APPOINTS DAVID WAMBEKE TO BOARD OF DIRECTORS

Ineo Tech Corp. has appointed David Wambeke to the company's board of directors.

Mr. Wambeke brings more than 20 years of experience across investment banking, capital markets, corporate development, investor relations and commercial strategy. He is currently chief business officer of NeuroOne Medical Technologies Corp., where he leads business development, investor relations and commercial strategy. He previously served as chief business officer of DiaMedica Therapeutics Inc., where he played a central role in corporate strategy, investor relations, business development and multiple equity financings, while spearheading the Diamedica's preeclampsia initiative, which contributed to an increase of more than $200-million in shareholder value.

Prior to joining the corporate sector, Mr. Wambeke spent approximately 16 years with Craig-Hallum Capital Group, ultimately serving as managing director and partner. During his investment banking career, he executed more than $5-billion of merger and acquisition transactions, equity financings, debt placements, and fairness opinions, and led more than 200 equity capital markets financings.

"Dave has already been a valuable resource to Ineo as a significant shareholder, and we are very pleased to have him join the board formally," said Greg Watkin, chairman and founder of Ineo. "He brings an unusual combination of capital markets experience, strategic thinking and hands-on public-company operating experience. As Ineo continues to scale its commercial operations, expand internationally and build its recurring platform business, I believe Dave's experience will be extremely valuable to both management and the board."

Mr. Wambeke is also a significant shareholder of Ineo, holding approximately 19.9 per cent of the company's outstanding common shares, providing strong alignment with the interests of other shareholders.

"After extensive due diligence on Ineo's technology, I came to the conclusion that the company has the right technology, in the right place, at the right time as retail undergoes a fundamental digital transformation," said Mr. Wambeke. "Management has executed extremely well over the past 12 months, and I'm excited to join the board and help the company scale and capitalize on the significant opportunity ahead."

Mr. Wambeke holds a bachelor of science in finance and economics from the University of Minnesota. He also served in the United States Army, including a combat deployment in Baghdad, Iraq, where he was awarded the Purple Heart for injuries sustained in combat.

About Ineo Tech Corp.

Ineo builds connected entrance infrastructure for modern retail.

The company's patented technology combines electronic article surveillance, digital display screens, edge processing and cloud-based services into one managed front-of-store system. Ineo's platform helps retailers address loss prevention, retail media, analytics, remote monitoring and operational visibility through infrastructure positioned at one of the most important locations in retail, the store entrance.

Ineo is headquartered in Surrey, B.C., and its shares trade on the TSX Venture Exchange under the symbol INEO, on the OTCQB Venture Market under the symbol INEOF and on the Frankfurt Stock Exchange under the symbol 0OQ.

We seek Safe Harbor.