Mr. James Durward reports

NDATALYZE CORP. ("NDAT" OR THE "CORPORATION") (CSE:NDAT) (OTC:NDATF) ANNOUNCES A PRIVATE PLACEMENT

Ndatalyze Corp. has arranged a private placement.

The corporation has arranged a non-brokered private placement to raise gross proceeds of up to $600,000 through the issuance of up to five million units at a price of 12 cents per unit. Each unit consists of one common share and one-half of a common share purchase warrant, with two warrants required to purchase one common share at 25 cents for a period of 18 months from the date of issuance. The corporation may pay a finder's fee in connection with the private placement to eligible finders, in accordance with the policies of the exchange and applicable securities laws, consisting of: (i) a cash commission of up to 8 per cent of the gross proceeds of the private placement; and (ii) a number of common share purchase warrants equal to up to 8 per cent of the number of shares sold pursuant to the private placement. Two finder's warrants will entitle the holder thereof to acquire one share at a price of 25 cents for a period of 18 months from the date of issuance. The private placement is subject to approval of the Canadian Securities Exchange, and all shares and securities of the company issued pursuant to the private placement will be subject to a four-month hold period from the date of issuance.

The company intends to use the net proceeds of the private placement in furtherance of a clinical study related to its YMI machine-learning-based mental health clinical decision system and for general corporate purposes.

About YMI

YMI uses evidence-based, objective data from whole-life experiences to predict individual mental states over time, and applies this knowledge toward a fuller understanding of how mental health develops and to improve mental well-being. YMI combines machine-learning with a proprietary reference database that contains more than 1,200 person's genetic expressions, childhood environment, habits, phobias, lived experiences and lifestyles to generate a personalized graphic report predicting an individual's predisposition toward a variety of common mental conditions, both current and forward in time.

We seek Safe Harbor.