Mr. Sheldon Title reports

ARHT MEDIA INC. ANNOUNCES FILING FOR BANKRUPTCY

Arht Media Inc. has filed for bankruptcy under the Bankruptcy and Insolvency Act (BIA). MNP Ltd. has been appointed as the licensed insolvency trustee. The company has laid off its employees and contractors, and its operations ended today.

This process will also impact the company's subsidiaries -- Arht Media USA Inc. (a California company), Be There Networks Inc. (a California company), Arht Media U.K. Ltd. (a United Kingdom company), Arht Media Singapore Pte. Ltd. (a Singapore company) and Arht Asia Ltd. (a Hong Kong company).

While Arht has been successful in reducing its overall cost structure, it has been unable to secure the additional financing required to finance the operations until such time as it achieves large-scale rollouts of its holographic products. Subsequent to the filing of the assignment into bankruptcy, the licensed insolvency trustee may request certain key employees to provide assistance with its administration. Contemporaneously with the filing, the directors of Arht have resigned.

About Arht Media Inc.

Arht is a pioneer and the global leader in live hologram technology. Thanks to its patented end-to-end technology, executives, medical experts, educators, entertainers and thought leaders can travel at the speed of light to any destination.

Arht was founded in 2014.