Victory Square further expands its advisory team to increase growth and opportunities for shareholders

• Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

• VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, Oct. 16, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc.(“Victory Square” or the “Company”)(CSE:VST)(FWB: 6F6)(OTC:VSQTF) is very excited to announce that Rizwan Somji, CEO of Channel Gate Technologies, cannabinoids industry pioneer Soheil Samimi and award-winning journalist, Fabian Dawson have joined Victory Square’s advisory team.

The Victory Square advisory team includes industry veterans with extensive backgrounds in the growth, operations, finance, and legal sectors. They provide support to our portfolio companies and help them with commercialization and building scalable businesses. Their additions make the Victory Square team even stronger and provide new structural support to our portfolio companies.

Rizwan Somji

Rizwan (Riz) is the CEO of Channel Gate Technologies, an industry-leading digital supply chain management software, along with its subsidiaries: Cymax, Homesquare, and Freight Club. With a strong emphasis on a personal connection, Rizwan believes in the impact strong and approachable leadership can have. Riz originally joined Channel Gate (then known as Cymax Stores) in 2015 as the VP, Technology, and rapidly moved into the role of COO by the spring of 2017. Within his role of COO, he was responsible for the organizational operations on a day to day basis, while also leading a change in corporate culture towards data-driven, accountable and results-oriented. It was under his leadership that the company reached profitability, and continues to see growth. Riz moved into the CEO role in January of 2019 and continues to lead his teams with empathy and clear direction.

Soheil Samimi

Soheil Samimi is a recognized industry veteran and pioneer in the Hemp and Cannabinoids industry in North America. His various hands-on experiences include being the founder and CEO of a private BC-based company that provided the largest distribution of bulk extracts and white label finished goods in the CBD category across Canada. He was an early investor and former Director of a leading US-based CBD products manufacturer, where he was a key member of the acquisition team which took the company public and grew it to represent a market cap in excess of $250M. He currently serves on the Board of Directors of AgTech Scientific, where he is a founder and significant investor. AgTech Scientific has extensive hemp cultivation, extraction, and manufacturing activities in Kentucky, USA.

Fabian Dawson

A multiple-award-winning journalist, Fabian Dawson is an internationally acclaimed author, filmmaker, and media expert. His work over the last three decades spans the globe and he also serves as a consultant/strategic advisor to a variety of international companies. Dawson was named the 2019 recipient of the Bruce Hutchison Lifetime Achievement Award at Jack Webster Awards, which is one of the most prestigious journalism accolades in Canada. Until August of 2016, Dawson, 58, was the deputy editor-in-chief of The Province newspaper in Vancouver, which is part of the Postmedia group, Canada’s largest media organization. As a journalist, Dawson’s work has taken him all over Asia, Europe, North, and Central America. He serves as an editorial advisor to the Vancouver-based South Asian Post, Asian Pacific Post, and Filipino Post newspapers as well as several publications in Korea, Hong Kong, Malaysia, India, Singapore, Philippines, and England. Dawson is a much sought-after media commentator on Asian affairs and has been called to speak to Members of Parliament in Canada’s House of Commons on matters pertaining to national security and at international seminars sponsored by organizations like the United Nations. Dawson has been invited by the governments of India, Malaysia, Taiwan, China, Hong Kong, and the United States to act as a media observer/advisor on a variety of Asian-Canada issues.

“We’re tremendously excited to add entrepreneurs of this caliber to our advisory board. The experience and knowledge base that these gentlemen bring to the table can be applied across business sectors and we expect they’ll be able to bring a great deal to our portfolio companies moving into 2020 and beyond,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “Reinforced by these new additions, our team continues to support our portfolio companies as they maximize their growth and accelerate their path to commercialization with well-executed scalable business models,” Tejani added.

Check out VictorySquare.com and sign up for VST’s official newsletter at VictorySquare.com/newsletter.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

What we do differently for startups:

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24- 36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors:

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before their unicorns.

Our portfolio represents a unique liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

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FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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VANCOUVER, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B) , a key player in logistics and payment solutions, is pleased to announce PerfectRoute, a delivery route planning and fleet optimization solution for all types of vehicles designed for last-mile delivery, powered by the 1SHIFT Logistics platform.

With the global route optimization software market expected to reach US$5.07 billion by 2023, compounded with today’s increasing pressure to lower costs of transportation and logistics.

Route optimization will be provided to enterprise customers via Litelink’s flagship 1SHIFT platform, but also as a standalone offering in a simple monthly subscription format under the second brand ‘Perfect Route,’ guaranteeing the best route for any delivery to achieve the lowest delivery costs.

1SHIFT’s route and truck optimization features will be available to the mass market this quarter in 2019, which customer trials currently taking place at this time.

PerfectRoute is a true self-service SaaS offering from Litelink focused on user simplicity and immediate response of the best fit optimized route to take. To access this feature, any user can upload any number of pickup and drop-off locations, and simply click ‘Optimize’ to generate the most efficient planned route to take. The key differentiator is a ‘truck optimizer feature’ that estimates how many trucks are required to ship al customer orders minimizing wastage and cost.

“While onsite with a customer implementing our flagship platform 1SHIFT Logistics, we noticed the time and effort being spent each day manually figuring out how many trucks and customer orders were required for planned truck routes. It is clear the owners are very reliant on two critical resources and an array of manual steps,”

stated Shanila Karim, head of 1SHIFT Customer Success.

“We are very excited about the launch of our new product PerfectRoute, which will solve some of the key biggest challenges faced by last-mile delivery businesses,” said LiteLink CEO Ashik Karim. “Litelink can continue to focus on rolling out 1SHIFT Logistics to enterprise clients, and now capture even a larger market with a subscription based high value solution like Perfect Route.”

To learn more about PerfectRoute, schedule a demo of the solution or request a 14-day free trial, please visit https://1shiftlogistics.com/1shiftrouting2/ or email kent.churn@1shiftlogistics.com.

About LiteLink Technologies Inc.

LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. Our route planning and fleet optimization platform PerfectRoute is designed to help last-mile delivery companies better plan deliveries with higher truck utilization.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink, and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

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