Mr. Curtis Page reports

ALPHINAT ANNOUNCES ON TUESDAY, OCTOBER 31, 2023, TRADING IN THE COMPANY'S SECURITIES WILL BE SUSPENDED FOR FAILURE TO MAINTAIN EXCHANGE REQUIREMENTS

Effective at the opening on Tuesday, Oct. 31, 2023, trading in Alphinat Inc.'s securities will be suspended for failure to maintain exchange requirements. Reinstatement to trading can occur only when the exchange has concluded its reinstatement review to ensure the company has satisfactorily complied with exchange requirements.

If the company does not complete its reinstatement to Tier 2 as evidenced by the issuance of an exchange bulletin, and/or is unable to meet Tier 2 CLR by Jan. 29, 2024, the exchange may transfer the securities of the company to NEX, without further notice to the company.

About Alphinat Inc.

Alphinat is a financial technology company which develops software for governments and is actively used to serve over 50 million end-users of federal, state and municipal digital services. Alphinat employs artificial intelligence and reduces the need to code, allowing managers to quickly deploy on-line solutions that easily integrate with existing systems.

Recent advances include LIVEaiASSIST which entered beta release in July, 2023. LIVEaiASSIST greatly accelerates solution development for easy-to-use digital services for public sector that are easy to use. Alphinat is also on adding AI (artificial intelligence) generate testing and training modules, both high-value upgrades, to better test and scale solutions while enhancing transfer and retention of knowledge within organizations.

At Alphinat, the company enables people to easily develop and deploy secure digital service leveraging its SmartGuide low-code development software. The company provides those closest to an application's end-users with an easy-to-use no-code software development platform. At the same time, the company is constantly working to reduce the need to code to make application development and maintenance simpler and less error prone.

So, whether you choose to develop your applications with the help of the company's low-code platform SmartGuide, kick-start your project using one of the company's prebuilt apps or engage the company or one of its partners to do the work for you, the company is here to help you deploy better applications in record time.

We seek Safe Harbor.