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File: MOSEDA - Final News Release May 27 2015.docx

MOSEDA TECHNOLOGIES INC.
(FORMERLY GOLDEN VIRTUE RESOURCES INC.)
  
TRADING SYMBOL: MSD-(TSX-V)



LETTER OF INTENT

Vancouver, British Columbia - May 27, 2015, - Moseda Technologies Inc. (MSD:TSX-V) (the "Company") announces that the 
--->non-binding letter of intent that it entered into in May 8, 2015 to acquire all of the issued securities of a logistic
--->s management technology corporation, has expired and has not been extended.  Despite the absence of a letter of intent
---> the Company and the Target continue their negotiation of a definitive agreement.  There can be no assurance that the 
--->proposed transaction will be completed or on the terms contemplated.
About Moseda

Moseda is a technology-based company that has built a host of fleet and asset management solutions with a focus on inc
--->reasing the security, efficiency and productivity of fleet companies. Its solutions are applicable to various industri
--->es, including healthcare, transportation and logistics, as well as oil and gas. In the healthcare space, Moseda is dev
--->eloping innovative solutions to provide data security on mobile platforms

For further information about Golden Virtue, MobSafety, Moseda Technologies, the Transaction and the Offering, please 
--->refer to the Filing Statement dated as of February 27, 2015, which is available on the Company's SEDAR Profile at www.
--->sedar.com.


ON BEHALF OF THE BOARD
MOSEDA TECHNOLOGIES, INC.

Nicholas Murray
CEO & Director

For further information please contact: 
Robert Allen (CFO) at +1.604.312.6874 or robert.allen@mobsafety.com

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX
---> Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the Transaction,
---> any information released or received with respect to the Transaction may not be accurate or complete and should not b
--->e relied upon. Trading in the securities of the Company should be considered highly speculative. 
The securities referred to in this news release have not been, nor will they be, registered under the United States Se
--->curities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or
---> benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
--->  This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy
---> any securities.  Any public offering of securities in the United States must be made by means of a prospectus contain
--->ing detailed information about the company and management, as well as financial statements

Forward Looking Statements
Except for historical information contained herein, this news release contains forward-looking statements that involve
---> risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities l
--->aws, Moseda Technologies will not update these forward-looking statements to reflect events or circumstances after the
---> date hereof. More detailed information about potential factors that could affect financial results is included in the
---> documents filed from time to time with the Canadian securities regulatory authorities