Ann: TMP Sells 90% Share of Mpire Network and Moves to SaaS Focus, page-2

● Tech Mpire has sold a 90% interest in its Canadian subsidiary, Mpire Network Inc. to Canadian performance marketplace, ClearPier Inc. for a cash consideration of $900,000 ● Enters profit share agreement with maximum earn out of $6,000,000 for the first 3 years ● Executes two software as a service (SaaS) agreements with ClearPier for both TrafficGuard ® and nxus ® which will result in a minimum of $600,000 in revenue for a minimum term of 1 year from both products ● The Company will now focus its resources on the continued development and commercialisation of both its TrafficGuard ® and nxus ® products ● Customer pipeline for TrafficGuard ® is in place and the Company will update the market as further significant agreements are executed ● nxus ® identified as second SaaS commercialisation project