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May 31, 2017 / The Newswire / Calgary, Alberta - NovaTeqni Corporation (" NovaTeqni " or the " Company ") (TSXV - NTQ: OTCQB - NVTQF) is pleased to provide the following corporate update of its achievements and upcoming activities .

Elections Technologies

The Company is pleased to report that over the last year it has completed all prototypes for its full suite of offerings for elections technologies which can also be modified to be used in the biometrics identification sector. More than 50 international elections will take place in 2018 with nearly 20 elections taking place in Africa. In order to be able to react quickly to these opportunities, the completion of the prototypes was a necessary step. Through its strategic alliance with partners such as Paarl Media, a division of Novus Holdings Ltd, Novateqni will be demonstrating and actively marketing its solutions well in advance of elections. The relationship with Novus Holdings Ltd. a subsidiary of Naspers, commenced with the partnership for the successful supply of elections technologies in Liberia. Novus provided support, funding and financial strength for the project undertaken on behalf of the United Nations.

Vodafone and Zambia

In the past year, Novateqni also successfully supplied a Know-Your-Client ("KYC") system for Vodafone in Zambia. The KYC system builds on the previously supplied KYC solution provided to MTN, a South Africa based multinational mobile telecommunications company, and the health registration system for QProxim in Nigeria. Since the system has been successfully launched and is proven, it will be marketed globally throughout the ever expanding biometrics and KYC sector.

Tobacco Farmers Management System

Novateqni also delivered Phase 1 of the biometrics enabled Farmers Management System ("FMS") which is used in the Tobacco industry in Malawi to allocate and track crop production as well as license farmers to produce a specific quota of tobacco. Tobacco production is one of the biggest exports of Malawi. Phase 2, which will include track and trace of the crop from production to auctioneers, will commence in the next couple of months followed bv the incorporation of a payments module. The cloud based FMS system has a number of applications within the agricultural and similar regulated sectors. Marketing of the system will now commence in other countries for various agricultural applications as well as for use in the cannabis industry.

Gerhard Mynhardt, CEO of Novateqni stated , "We are very pleased to have completed development of our elections technologies and excited about our relationship with Novus Holdings Ltd for the marketing of these products. Other partners will also be signed up to promote and market biometrics identification solutions".

About Novateqni

NovaTeqni is a technology based company that is focusing on biometrics and financial technologies. Using its management experience and developed intellectual property, NovaTeqni provides solutions and products for voter validation, voter registration, financial transactions and biometric identification solutions. Using its platform of products, NovaTeqni can provide clients with custom solutions for their particular industry. NovaTeqni has corporate offices in Calgary, Alberta, sales offices in Norfolk, Virginia, development in Johannesburg, South Africa and manufacturing in Hong Kong.

For further information, please contact Gerhard Mynhardt, Chief Executive Officer of the Corporation, by email at info@novateqni.com .

Reader Advisory

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning the anticipated rollout and marketing of the Company's products and marketing and further development of the Farmers Mangeme nt System. The forward-looking statements and information are based on certain key expectations and assumptions made by the Corporation, including expectations and assumptions concerning the business of the Corporation. Although the Corporation believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because the Corporation can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, the Corporation's expectations and assumptions concerning the business of the Corporation and the ability to rollout and market the Company's products and market and further develop the Farmers Mangement System. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Corporation undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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