Mr. Todd Haugen reports

ENABLENCE TECHNOLOGIES ENGAGES CANACCORD GENUITY AS MARKET MAKER

Enablence Technologies Inc. has retained Canaccord Genuity Corp. to provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of its common shares.

Under the agreement, Canaccord will receive a monthly fee of $8,000 plus applicable taxes. Either party may terminate the agreement at any time upon 30 days of prior written notice to the other party. Canaccord will not receive any common shares or options as compensation. Canaccord and the company are unrelated and unaffiliated entities. The company acknowledges that Canaccord (and its affiliates and their respective clients) may have or may acquire and hold a direct or indirect interest in the securities of the company from time to time. Canaccord is headquartered in Toronto, Ont., and is a member of the Canadian Investment Regulatory Organization, and a member firm of the Toronto Stock Exchange and the TSX Venture Exchange.

About Enablence Technologies Inc.

Enablence is a publicly traded company listed on the TSX Venture Exchange that designs, markets and sells chips and subsystems, primarily in the form of planar lightwave circuits (PLC) on silicon-based chips for datacom, telecom, automotive and artificial intelligence (AI) applications. Enablence products serve a global customer base, primarily focused today on data centre and other rapidly growing end-markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive lidar (light detection and ranging), and virtual and augmented reality headsets. In select strategic circumstances, the company also uses its proprietary, non-captive fabrication plant in Fremont, Calif., to manufacture chips designed by third party customers.

We seek Safe Harbor.