Mr. Glen Wilson reports

VOLEO APPOINTS GLEN WILSON, VOLEO DIRECTOR AS INTERIM CEO

Voleo Trading Systems Inc. has appointed Glen Wilson as interim chief executive officer. Thomas Beattie will remain CCO of Voleo USA Inc. and provide transition support to Voleo and its new leadership.

Mr. Wilson, currently a board director and the founding CEO of Voleo, will return until the search for a new United States-based CEO is completed. Mr. Wilson has a wealth of operating, technical and strategic experience from his 25 years in the telecommunication's industry. Mr. Wilson was responsible for setting up and directing the national client service management organization supporting the top clients for one of Canada's Tier 1 telecommunication companies. He also has extensive experience in strategic planning and execution. Mr. Wilson has invested in every round supporting Voleo as a founding shareholder. Mr. Wilson says: "I'm excited to take a more active role in Voleo once again. It's great to see that Voleo, after years of development, has cleared all the legal, regulatory and technical hurdles and is now entering the growth stage. As a lead investor that has invested in every round, I look forward to driving the execution of Voleo's strategy and opening up the potential of this truly world-class investing app. Thanks to Thomas and the Voleo team, Voleo's award winning and innovative social investing software is quickly becoming America's premier investment club app."

Mr. Beattie explained: "Over the past five years, Voleo has designed and delivered a best-in-class social trading platform designed for retail investors. The company's subsidiary Voleo USA Inc. became a FINRA member and realized organic asset growth on its platform which demonstrated demand for its solution, and after our first campaign with Google, Voleo's registered user base nears 10,000. The company has patents pending on the formation and operation of investment clubs, and is now finalizing a responsive Web app that will see the launch of Voleo Teams, as well as support collaboration with financial institutions who can embed social investing tools within their existing apps."

Mark J. Morabito, Voleo's executive chairman, commented: "We thank Tom Beattie for a job well done building out the app and clearing regulatory hurdles to make Voleo the only social trading app fully licensed and regulated in all 50 U.S. states. We are pleased to have Glen, a Voleo veteran, be able to step into the role until our search for a new U.S.-based CEO is complete."

Mr. Thomas added: "With this appointment Voleo is in a much stronger position to realize its potential. As an experienced business leader who has been with the company since its formation, Glen is ideally positioned to oversee a transition of the management team as the business shifts from development and initial launch to growth."

About Voleo Trading Systems Inc.

Voleo is a mobile fintech company that is transforming the retail investing space through its powerful, collaborative investing platform. Voleo's equity trading platform operates on native iOS and Android devices, as well as a companion Web application. Voleo has increased retail investor participation in the stock market by breaking down barriers to entry, facilitating trust and improving financial literacy. The product is being white-labelled by financial institutions around the world as an innovative product to engage, retain and acquire retail customers.

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