Mr. Ralph Garcea reports

TURNIUM ANNOUNCES SHARES FOR DEBT SETTLEMENT

Turnium Technology Group Inc. has entered into a debt settlement agreement with former auditor Manning Elliot LLP (the creditor) to settle the company's outstanding debt for past services performed by the creditor in the amount of $235,593 by issuing 2,982,189 common shares in the capital of the company at a deemed price of 7.9 cents per common share. The board of directors has determined that it is in the best interests of the company to settle the outstanding debt to the creditor through the issuance of common shares in order to preserve the company's cash for continuing operations.

Closing of the shares-for-debt transaction is subject to customary closing conditions, including the approval of the TSX Venture Exchange. The common shares to be issued pursuant to the shares-for-debt transaction will be subject to a hold period of four months and one day from the date of issuance.

About Turnium Technology Group Inc.

Turnium Technology Group offers a proprietary SD-WAN solution to its customers that is faster and less expensive than its competitors. The customers benefit via enhanced performance, and crucially, a robust and cost-effective solution for maintaining uninterrupted Internet connectivity. The technology eliminates any costly connectivity downtime, thereby enabling the user to continue business and avoid any revenue losses. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM (original equipment manufacturer) channel partners host, manage, brand and price. Turnium is also available to resellers as a Turnium-branded managed service. Turnium SD-WAN solutions is sold through a channel partner program designed for communications service providers, Internet and managed service providers, system integrators, and value-added resellers.

About SD-WAN

SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud, and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.