File: '\\swfile\EmailIn\20251103 073224 Attachment News Release announcing Australian and New Zealand Sales Office.docx'

NEW MEDIA CAPITAL 2.0 INC. ANNOUNCES RTO TARGET COMPANY

EXPANDS OPERATIONS INTO AUSTRALIA and NEW ZEALAND

Edmonton, Alberta - November 3, 2025 - New Media Capital 2.0 Inc. (TSXV: NEME.P) ("New Media" or the "Company") is pleased to announce that Asiatel Outsourcing Ltd. ("Asiatel"), the target company under the previously announced definitive share exchange agreement dated July 16, 2025 (see news releases of July 18, 2025 and September 22, 2025), has formalized a new strategic presence in Australia and New Zealand through a partnership with Custom Outsourcing Pty Ltd., an established business process outsourcing (BPO) provider based in Brisbane, Australia to oversee expansion of their services throughout the region.

Asiatel CEO Mr. Jasjit Anand (Andy) states, "Darren Smith, CEO of Custom Outsourcing Pty Ltd will represent Asiatel as its Regional Director for this region. Custom Outsourcing is a well-established niche BPO provider with deep market reach across Australia and New Zealand. This partnership represents a strong alignment of strengths, combining Asiatel's expanding service portfolio with their local market expertise and network. Together, we plan to accelerate growth in these regions by offering both traditional BPO solutions and the next generation of AI-driven services enabled through our partnership with file.AI. This marks the beginning of a new cycle of value creation as Asiatel deepens its presence in the Australia and New Zealand markets."

Australia is one of the largest markets for outsourcing to the Philippines, second only to the United States. Recent data confirms that the Philippines remains the leading offshore destination for Australian businesses seeking outsourcing partners in 2025, surpassing several other traditional providers.

The drivers of outsourcing from Australia/New Zealand to the Philippines include:

Cost savings with labour and operational costs in the Philippines significantly lower than comparable costs in Australia or New Zealand.

Strong English proficiency and cultural compatibility, which reduce communication issues and improve customer experience.

Mature vendor ecosystem in the Philippines with experience delivering not just voice-based customer care but increasingly complex, high-value services like digital, analytics, compliance, and back-office financial functions.

Darren Smith, CEO of Custom Outsourcing Pty Ltd reports, "Representing Asiatel in the Australia and New Zealand region allows us to accelerate client engagement and deliver greater value across local markets. Businesses here place a premium on trusted, regionally based providers, and our partnership brings that assurance. As part of our market introduction, Asiatel will participate in The Business Show Australia in Sydney on November 5-6, 2025, showcasing our next-generation outsourcing and AI-driven solutions to the local business community."

Asiatel's participation at The Business Show Australia represents an important step in strengthening its visibility and presence within the Australian and New Zealand business community. The event typically draws over 6,000 attendees including key decision-makers from tech, finance, professional services, and growth-stage enterprises across Australia and New Zealand. Asiatel will showcase its full suite of services-bookkeeping, sales support, customer engagement, IT and highlight its AI-enabled differentiation through file.AI. We expect to generate direct leads, initiate conversations with prospective clients, and strengthen our visibility in the region's BPO and innovation ecosystem.

New Media CEO, Mr. John Putters reports, "Asiatel continues to make strong progress expanding its global footprint, recently into North America with the launch of its Vancouver sales office, and now into Australia and New Zealand through this new regional partnership. These strategic moves underscore Asiatel's commitment to long-term growth and diversification, which we believe will translate into meaningful value creation for both existing shareholders and new investors participating in the concurrent capital raise."

About Asiatel Outsourcing Ltd.

Asiatel Outsourcing Ltd., through its wholly owned subsidiary Asia Teleservices Inc. (ATI), is a profitable and fast-scaling Business Process Outsourcing (BPO) provider headquartered in Pasig City, Metro Manila, Philippines. Founded in 2006, Asiatel has become a trusted partner to businesses worldwide, delivering tailored outsourcing solutions that improve efficiency, reduce costs, and support long-term growth.

Asiatel has served more than 100 international clients across Canada, the United States, Australia, the United Kingdom, Singapore, and other key markets. The company's capabilities span customer engagement, finance and accounting, IT support, creative services, legal and compliance support, and investor relations.

Operating from A Grade facilities with advanced voice, data, and IT infrastructure, Asiatel employs 400+ full-time professionals, providing clients with a highly skilled, English-proficient workforce.

Asiatel is actively expanding its global presence, with new sales offices established in Canada, to serve the North American market. This expansion strengthens its position as a next-generation BPO, integrating advanced AI-driven solutions through strategic partnerships - including agreements with file.AI - to co-build industry-specific applications and drive innovation in outsourcing.

For further information, contact:

New Media Capital 2.0 Inc.

John A. Putters, CEO and Director.

Tel.: 587-985-2601.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Significant Conditions to Closing the Qualifying Transaction

Completion of the qualifying transaction is subject to a number of significant conditions, including but not limited to completion of a concurrent financing and consolidation, filing of a prospectus, and, if required by the TSXV, filing of a sponsorship report with the TSXV. There can be no assurance that the qualifying transaction will be completed as proposed or at all.

Cautionary Note

Completion of the qualifying transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Forward-looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Forward looking statements in this news release include, but are not limited to the qualifying transaction with Asiatel; the growth potential of Asiatel's Canadian office and Asiatel building a diverse client portfolio; the expansion of Asiatel into Canada and Asiatel establishing a footprint in North America. Because of these risks and uncertainties and as a result of a variety of factors, including with respect to Asiatel's expansion into Canada, the closing of the qualifying transaction, the timing and receipt of all applicable regulatory, corporate and third party approvals, the anticipated benefits from the Canadian expansion and qualifying transaction and the satisfaction of other conditions to closing, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.