Mr. Eugene Suyu reports

TINKERINE REPORTS 2015 FINANCIAL RESULTS

Tinkerine Studios Ltd. has released its financial highlights for the year ended Dec. 31, 2015. The company's consolidated financial statements and management discussion and analysis for the 12 months ended Dec. 31, 2015, are available on SEDAR and on the company's website.

Highlights

• 2015 revenue of $1,268,074, a 270-per-cent increase from 2014 revenue of $342,839;
• 2015 gross profit of $595,230, a 293-per-cent increase from 2014 gross profit of $151,312;
• Successfully implemented a dealer network for the DittoPro product with good coverage of the Canadian and U.S. markets;
• Initial launch of Tinkerine U content-delivery platform which provides educators, students and consumers with 3-D printer training, lesson plans and a form to share digital files;
• Integrated Ditto Pro software with Adobe Photoshop CC;
• Maintained a commitment to research and development in both hardware and content/software;
• Fourth quarter 2015 revenue of $349,000, a 236-per-cent increase from fourth quarter 2014 revenue of $104,000;
• 2015 net loss of $1,069,447 versus a 2014 net loss of $2,700,252.

                    FINANCIAL SUMMARY
  
                        2015 year-end        2014 year-end

Revenue                    $1,268,074             $342,839
Gross profit                 $595,230             $151,312
Expenses                   $1,766,991           $1,801,825
Net (loss)                ($1,069,447)         ($2,700,252)
Net (loss) per share           ($0.03)              ($0.09)

The 2015 fiscal period was a transitional year for Tinkerine with the increased acceptance of the Tinkerine suite of products including the DittoPro 3-D printer and associated software. The company recognized a significant increase in sales through its on-line store and associated distributors located in Canada, the United States and in international locations including China. The company is increasing efficiencies in the production of the Ditto Pro 3-D printer, and has production capacity of up to 150 3-D printers per month. In addition, the company has significantly reduced its monthly overhead through the streamlining of communications and public company reporting requirements, and will further identify and implement efficiencies in its production and sales cycles.

President and chief executive officer Eugene Suyu stated: "We are extremely pleased with the increased revenue and new sales channels established by our team at Tinkerine. We are continuing the development of the Ditto Pro 3-D printer, and are generating significant new interest from school boards, public institutions and education-oriented entities. We appreciate the support of our distributors and shareholders and look forward to future growth in this emerging sector."

Outlook

Tinkerine continues the focus on providing science, technology, engineering, arts and mathematics-based education content with 3-D printing being the foundation of sales growth. The company continues to be recognized as an industry leader in this evolving sector, and believes its commitment to quality will assist in the penetration into new education programs and facilities. Tinkerine continues to develop and refine the Tinkerine U learning platform, and will be adding content on a regular basis for school and customer use.