Mr. Yossi Nevo reports

SPETZ ENHANCES CASH FLOW WITH DEBT CONVERSION PLAN

Spetz Inc. is continuing to improve its cash flow through a debt conversion plan. This plan allows selected vendors and creditors to convert outstanding payments into common shares of Spetz.

The plan includes the following conversions:

• Hybrid Financial Ltd. -- 260,554 shares, with a four-month restricted period;
• ClearHouse LLP -- 212,143 shares, with a four-month restricted period;
• Yaron Kagan -- 94,278 shares, with a four-month restricted period;
• Amit Zomer -- 5,557 shares, with a 45-day restricted period.

The proceeds from this conversion plan will be used for general working capital purposes, further strengthening Spetz's financial position.

"This debt conversion plan is a testament to the trust that our partners have in Spetz and our future growth plans," said Yossi Nevo, chief executive officer. "We are confident that this strategic move will enhance our financial flexibility and allow us to continue to execute on our vision for the company. We appreciate the continued support of our partners as we work to create long-term value for all our shareholders."

About Spetz Inc.

Spetz is a multinational technology company that operates Spetz, a global on-line, artificial-intelligence-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the United States, United Kingdom, Australia and Israel. The Spetz vision is to reinvent how people around the world connect to services in their moment of need. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.

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