Mr. Yossi Lapovsky reports

EVENTER TECHNOLOGIES ANNOUNCES C$2,475,000 PRIVATE PLACEMENT OF UNITS

Eventer Technologies Ltd. will proceed with a non-brokered private placement of up to 33 million units at a price of 7.5 cents per offered unit for gross proceeds of up to $2,475,000.

Each offered unit will be composed of one common share in the capital of the company and one transferable common share purchase warrant entitling the holder thereof to acquire one common share in the capital of the company at a price in U.S. dollars equivalent to 10 Canadian cents per unit warrant share for a period of 36 months from the date of issuance thereof. The unit warrants will also have an acceleration provision whereby upon the securities of Eventer being approved for trading on the Nasdaq Stock Market, Eventer will accelerate the expiry date of 50 per cent of the unexercised unit warrants.

The company intends to use the net proceeds of the offering for general working capital purposes, including the evaluation of prospective transactions, settlement of liabilities, and other corporate and administrative expenses.

The unit shares and unit warrants issued under the offering will be subject to a statutory hold period expiring four months and one day from the date of issuance of such offered units.

The company may pay finders' fees on a portion of the offering, subject to applicable securities legislation. Closing of the offering is subject to approval of the TSX Venture Exchange. It is not anticipated that any new insiders will be created, nor that any change of control will occur, as a result of the offering. Any participation by insiders of the company in the offering will be on the same terms as arm's-length investors.

About Eventer Technologies Ltd.

Eventer is an Israeli technology company operating a software-as-a-service-based platform for the management and sale of tickets for live events, including performances, festivals, conferences, lectures, courses, nightlife events and other consumer experiences. The company provides event organizers with an end-to-end operational platform designed to support the full life cycle of an event, including ticket sales management, attendee administration, marketing tools, customer support services and event entry solutions. In addition to its software platform, Eventer provides ancillary services to organizers, including sales and marketing support and secure payment processing solutions, through third party service providers.

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