Mr. Todd Haugen reports

ENABLENCE ENGAGES LEADING INVESTOR RELATIONS FIRM THE BLUESHIRT GROUP

Enablence Technologies Inc. has retained The Blueshirt Group to lead its investor relations and financial communication program.

Blueshirt will provide strategic investor relations services to raise the company's profile within the investment community.

"We are excited to partner with The Blueshirt Group as we execute through an inflection point in our growth," said Todd Haugen, chief executive officer of Enablence. "Blueshirt's deep expertise in capital markets advisory for technology companies makes them an ideal partner to help us broaden our visibility among the financial community in Canada and the United States. As demand accelerates for our proprietary PLC optical chip solutions across data centres, AI and emerging tech markets, we look forward to working closely with Blueshirt to effectively communicate our investment thesis and build long-term value for our shareholders."

The engagement is subject to standard regulatory filings and acceptance by the TSX Venture Exchange. Blueshirt has no direct interest in Enablence or its securities.

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.

About The Blueshirt Group

Founded in 1999, The Blueshirt Group provides capital markets expertise and strategic financial and media relations counsel to growth companies and venture capital firms globally. Blueshirt has earned its reputation as a leader in investor relations (IR), financial communications, financial media relations and crisis management. Headquartered in San Francisco, with offices in New York, Beijing and London, Blueshirt represents leading high-growth technology enterprises.

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