Mr. Anthony Brown reports

AMPD VENTURES INC. ANNOUNCES THE LAUNCH OF THE AMPD REMOTE RENDER SERVICE AND A MULTI-YEAR DEAL WITH EMMY AWARD-WINNING ANIMATION STUDIO, BARDEL ENTERTAINMENT

AMPD Ventures Inc. is rolling out its AMPD remote render service, which will be utilized by Bardel Entertainment Inc. to render animated television and movie content such as the hugely popular Adult Swim series Rick and Morty. Rendering for animated content is the process through which two-dimensional or three-dimensional images are generated for the screen from a computer, using huge amounts of computer processing power.

The AMPD remote render service enables studios such as Bardel to access thousands of cores of processing power without the large capital costs associated with building their own data centres. Current cloud render solutions represent significant challenges for animation studios due to the predominance of pre-emptible instances (where render jobs may get arbitrarily interrupted), slower connection speeds associated with sending data over the Internet and the over all significantly higher cost.

The AMPD remote render service differs from cloud rendering by providing dedicated infrastructure with the latest CPU technology (in this case AMD Rome processors), low-latency networking with direct fibre access to the studios, no chance for render job disruption and all of this at a much lower cost than cloud render.

The AMPD remote render service runs out of AMPD's first green data centre in Vancouver, B.C., (DC1) where systems in the data centre capture heat generated by the servers and repurpose it to heat the surrounding building, while producing clean drinking water from the air conditioning systems.

This contract with Bardel Entertainment is expected to generate in excess of $1.2-million in revenue over three years and marks the first of many exciting opportunities for AMPD to support innovation in digital media.

"As we continue to grow and take on larger projects, we need to increase our render capacity. Building out the render in our studio facility didn't make sense when taking into consideration the cost and space requirements of building out a data centre required to host the servers. We investigated several alternative render solutions, but AMPD's remote render service offered an efficient and flexible way to secure the render capabilities we needed. With their long-term knowledge and experience in the industry, AMPD was able to create an innovative, tailored solution in ways that few companies could," said Rick Mischel, chief executive officer, Bardel Entertainment.

The AMPD remote render service is expected to go live in January, 2020.

"We are very excited to have Bardel Entertainment as the first customer of the new service. We have had the opportunity to work with some of the best people in the industry at Bardel to design a superior, ground-breaking solution for animation and VFX studios. We are huge fans of the exceptional content that Bardel creates, with innovative shows like Netflix's Dragon Prince and the 2-D hit Rick and Morty, and thrilled to see that exceptional level of shows rendered on AMPD servers. How cool is that?" said Anthony Brown, CEO and co-founder of AMPD Ventures.

About AMPD Ventures Inc.

AMPD specializes in providing high-performance cloud and compute solutions for low-latency applications, including video games and e-sports, digital animation and visual effects, and big data collection, analysis and visualization.

We seek Safe Harbor.