Mr. Collin McBirney of Topline reports

TOPLINE CAPITAL MANAGEMENT, LLC ANNOUNCES DISPOSITION OF SHARES OF NAMSYS INC.

Namsys Inc. shareholder Topline Capital Management, LLC, the manager of Topline Capital Partners, LP has disposed of all its common shares in the company.

Prior to the disposition, the Topline exercised control or direction over approximately 18 per cent of the issued and outstanding common shares of the issuer. Following the transaction, Topline exercises control or direction over 1.06 million common shares, representing 4 per cent of the issued and outstanding shares of the issuer.

The securities were disposed of for investment purposes. Topline may, depending on market conditions and other factors, acquire additional securities of the issuer in the future.