Mr. Andrew Duncan reports

BOARDWALKTECH SOFTWARE CORP PROVIDES PRIVATE PLACEMENT UPDATE

Boardwalktech Software Corp. has provided an update to its news release dated July 13, 2026, announcing its proposed non-brokered private placement of up to 30 million units of the company at a price of five cents per unit.

The company has determined to proceed with the offering by way of a private placement in reliance on the accredited investor exemption and other applicable prospectus exemptions under National Instrument 45-106, Prospectus Exemptions, rather than pursuant to the listed issuer financing exemption. The change is intended to facilitate participation by the company's existing and new investor base, including a number of investors resident in the United States. All other principal terms of the offering remain unchanged.

Accordingly, the offering will no longer be conducted pursuant to the listed issuer financing exemption, and securities issued under the offering will be subject to the applicable statutory hold period of four months and one day in accordance with applicable Canadian securities laws.

Each unit will comprise one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of six cents per common share for a period of 24 months from the closing date of the offering.

Closing of the offering remains subject to the company obtaining all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. For additional details regarding the offering, please refer to the company's press release dated July 13, 2026.

About Boardwalktech Software Corp.

Boardwalktech has developed a patented digital ledger technology platform currently used by Fortune 500 companies running mission-critical applications around the world. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data are the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital-ledger-technology-based platforms. Boardwalktech is headquartered in Cupertino, Calif., with offices in India and operations in North America.

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