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Message: SoLVBL Solutions Enters into Product Development Agreement with Bit Complete Inc.

Toronto, Ontario--(July 21, 2022) - SoLVBL Solutions Inc. (CSE: SOLV) (OTCQB: SOLBF) ("SoLVBL" or the "Company"), an innovative cybersecurity company that provides immutable data authentication using advanced cryptography on a SaaS based model, is pleased to announce the successful completion of the User Experience / User Interface design project with KRFTWRK Inc. The Company has now entered into a Product Development agreement with Bit Complete Inc. ("Bit Complete"), a Toronto, Ontario based leading digital product design and development company, to develop an administrative web application that will provide an enhanced user experience for SoLVBL's cybersecurity and data authentication products.

Jim Slinowsky, head of product development for SoLVBL, will be leading the software development in collaboration with Bit Complete. SoLVBL plans to rapidly roll out new cybersecurity and data authentication products in 2022. With the product design, including unique user experience, wire-framing and high-fidelity design protypes completed, SoLVBL is ready to develop its Q Admin software in collaboration with Bit Complete. This will allow SoLVBL to ensure the new cybersecurity products are supported by a best in class on-boarding and account management experience.

"We are very excited to be working with Bit Complete to develop an enhanced, scalable and intuitive account management application for our institutional and corporate clients," said Kaiser Akbar, President & CEO of SoLVBL. "SoLVBL is at the forefront of the rapidly changing data authentication and cybersecurity landscape, and Bit Complete looks forward to partnering with SoLVBL as they obtain a leadership position in this space," said Dylan Trotter, President of Bit Complete.

You can authenticate your data before use with Q by SoLVBL™. Q by SoLVBL™ allows you to create Trust, Fast.

If you have data worth forging, it's worth protecting with Q by SoLVBL™.

About Bit Complete Inc.

Bit Complete is a Toronto-based software firm focused on high-quality, iterative product development. The Company does this through rapid prototyping, building software products from scratch, and helping early-stage products gain momentum by building features and infrastructure. The Company specializes in API-driven web and mobile applications.

SoLVBL Solutions Inc.

SoLVBL is an innovative cybersecurity and data authentication company. The Company's mission is to empower, better, faster decisions by developing a universal standard for establishing digital record authenticity. Q by SoLVBL™, is a proprietary technology platform of the Company, designed to be easy to use and adopt, economically priced and provide digital record authentication at very high speed. Q by SoLVBL™ allows organizations to establish trust in their data. The Company is currently pursuing the following verticals: chain of custody for digital evidence; including, NG-911, data used in the financial sector, medical applications and critical IoT infrastructures.

For Further Information, Contact:

SoLVBL Solutions Inc.
Kaiser Akbar, President & CEO
100 King Street West, Suite 5700
Toronto, ON, M5X 1C7
E: [email protected]

Cautionary Note Regarding Forward-looking Information

The CSE has neither approved nor disapproved the contents of this press release.

NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of the Company to successfully achieve its business objectives, including, the implementation and success of Q by SoLVBL™, and expectations for other economic, business and/or competitive, factors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, SoLVBL assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law and may not be offered or sold in the "United States", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

 

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