Mr. Chris Cosgrove reports

COMPREHENSIVE HEALTHCARE SYSTEMS ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT

Comprehensive Healthcare Systems Inc. has closed the first tranche of its non-brokered private placement announced on Jan. 8, 2026, and Jan. 26, 2026, issuing an aggregate of seven million units at 50 cents per unit for aggregate gross proceeds of $3.5-million.

Each unit comprises one common share of the company and one-half of a warrant, with a whole warrant being exercisable to purchase one common share of the company at an exercise price of $1.00 for a period of three years after closing.

PowerOne Capital Markets Ltd. acted as finder in connection with a portion of the offering. In connection with the first tranche, the company paid aggregate finder fees of $214,200 in cash and issued an aggregate of 428,400 finder warrants exercisable to purchase one common share of the company at an exercise price of 50 cents for a period of three years after closing. All securities issued are subject to a hold period until June 11, 2026.

An insider of the company purchased 945,000 units, representing 13.5 per cent of the units issued in the first tranche, with the associated common shares representing approximately 3.8 per cent of the issued and outstanding shares upon closing, and assuming the deemed exercise of the associated warrants would then represent approximately 5.6 per cent of the then issued and outstanding shares upon closing. The participation by insiders constitutes a related party transaction under the policies of the TSX-V and Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of nor of the consideration for the transaction, insofar as it involves related parties, exceeds 25 per cent of the issuer's market capitalization, and that no securities of the company are listed or quoted on certain exchanges or markets specified in MI 61-101.

About Comprehensive Healthcare Systems Inc.

Comprehensive Healthcare Systems is a corporation incorporated under the laws of the province of Alberta and is the parent company of Comprehensive Healthcare Systems Inc. (Delaware). The company is a vertically integrated software-as-a-service (SaaS) company focused on digitizing health care with Healthcare Benefits Administration solutions, providing reliable and high-volume transaction-capable systems. The company's state-of-the-art Novus 360 Healthcare Welfare and Benefits Administration (HWBA) SaaS platform is used by clients for all aspects of health care benefits administration (including self-financed employers, providers and labour unions), providing health care administrative software and technology-enabled services.

We seek Safe Harbor.