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NovaTeqni Corp
Symbol NTQ
Shares Issued 37,947,456
Close 2018-03-06 C$ 0.19
Market Cap C$ 7,210,017
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ORIGINAL: NovaTeqni Receives Purchase Order From United Nations Population Fund For Burkina Faso

2018-03-06 12:39 ET - News Release

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 6 , 2018 - NovaTeqni Corporation (" NovaTeqni " or the " Company ") (TSXV - NTQ: OTCQB - NVTQF) is pleased to anno unce that the Company has won a tender worth approximately US$2,300,000 for the supply of a cellular based mobile management system for the United Nations Population Fund (UNFPA) to be used for digital census data collection in Burkina Faso.

NovaTeqni will soon be sending a team to Burkina Faso to co-ordinate logistics, support and skills transfer training.

The project is scheduled to complete within three and a half months.

Gerhard Mynhardt, CEO of NovaTeqni stated , "This tender is the first project with the UNFPA for NovaTeqni. NovaTeqni has worked with other branches of the United Nations and we see this as a very exciting move into new areas of business. The Company is confident that this will lead to other projects for it's mobile data collection solutions, including biometrics based solutions for accurate and convenient field data capture including remote capture of hand written forms.

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 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 Virginia Beach, Virginia, development offices 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 tender award for Burkina Faso by the UNFPA. 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 complete and deliver the products required under the awarded tender for the UNFPA . 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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