Mr. Charles Zwebner reports

RDARS INC. ANNOUNCES INTENTION TO CONSOLIDATE ITS SHARE CAPITAL

Rdars Inc.'s board of directors has approved a consolidation of the company's share capital on a one-for-20 basis. The share consolidation was approved at the company's annual and special meeting of shareholders held on May 31, 2023.

The company will begin trading on a postconsolidation basis on June 6, 2023, at the commencement of trading on the Canadian Securities Exchange.

The share consolidation will reduce the number of issued and outstanding common shares from 354,425,745 common shares to approximately 17,721,287 common shares. A letter of transmittal will be sent by mail to registered shareholders advising them that the share consolidation has taken effect. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates or direct registration system (DRS) statements evidencing their preconsolidation common shares for new share certificates or new DRS statements representing the number of postconsolidation common shares to which they are entitled.

The exercise or conversion price and the number of common shares issuable under any of the company's outstanding warrants and stock options will be proportionately adjusted to reflect the share consolidation in accordance with the respective terms thereof.

The company will provide further details regarding the share consolidation as soon as they become available. Completion of the share consolidation remains subject to the approval of the CSE.

About Rdars Inc.

Rdars possesses a disruptive technology that is advancing the security industry's approach to protecting commercial, industrial and residential properties by introducing protection with autonomous artificial intelligence systems that allows for real-time response, situation awareness, verification, intervention, evidence recording, data capture, analysis and immediate downstream transmissions to public safety agencies. Rdars has the ability, upon a property security breach, in real time, to receive, analyze and downstream the data, and inform public safety agencies who the perpetrators potentially are before they even arrive at the property.

Founded in 2019, Rdars is an originator in its innovative equipment manufacturer of its flagship product, the Eagle Watch platform comprising Eagle Eye, a drone, Eagle Nest, a drone station, Eagle Rover, an indoor robotic system, and Eagle Watch command and control software. The company's autonomous robotic systems provide situational awareness in a cost-effective and reliable manner. The company's mission is to improve alarm response and situational awareness by obtaining required approvals from federal regulatory agencies for Bvlos operations. Rdars is currently developing its technology for private and enterprise customers in the United States and Canada, where these customers require a more reliable and advanced understanding of their property security.

We seek Safe Harbor.