Subject: Frequency Exchange Corp - news release
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File: '\\swfile\EmailIn\20251205 170412 Attachment 20251204 - 16. Officer and Board changes.docx'
FOR IMMEDIATE RELEASE
FREQUENCY EXCHANGE ANNOUNCES BOARD AND MANAGEMENT CHANGES
VANCOUVER, BRITISH COLUMBIA - December 5, 2025 - Frequency Exchange Corp. (the "Company" or "Frequency") (TSXV: FREQ; OTC: FRECF) announces that Hari Varshney has resigned as Chief Financial Officer ("CFO") of the Company and Sammy Chow has been appointed CFO of the Company effective December 1, 2025.
The Company would like to thank Mr. Varshney for his time serving as CFO. Mr. Varshney remains as Corporate Secretary of the Company and director of the board.
Sammy Chow has over two decades of leadership experience in finance, operations, corporate development and corporate strategy, having held senior roles including CFO and COO across industries such as manufacturing, technology, and renewable energy. Sammy brings a proven track record of aligning corporate objectives with scalable operations and sustainable growth, earned through his experience working with international Fortune 500 companies and startups in Asia, US and Canada. He has led and supported these companies' capital investment initiatives, new business ventures, new market entry and capital raising efforts that resulted in over $1 billion of successful investments. Sammy is a Chartered Financial Analyst with an MBA from the University of Ottawa and a Bachelor of Commerce from UBC.
The Company is also pleased to announce the appointment of Scott Owen to Frequency's Board of Directors. Scott Owen is a connector at heart and a champion of people and great partnerships and alliances. He had led teams passionate about strategic business development and strategic channel organizations. He has over 30 years of global experience building high-performance direct sales, sales operations, business development and channel sales teams that have served a wide range of partners, alliances, customer and industry segments. He is adept at market entry of new/emerging technologies. He has had P&L responsibilities above $250M, has personally sold multiple $100+M, multi-year deals, the largest deal (partnership w/ revenue attribution) being $950M over a 5 year period.
About the Company
Based in British Columbia, Canada, Frequency Exchange Corp. is publicly traded under the trading symbols TSXV: FREQ; OTC: FRECF (www.FrequencyExchangeCorp.com). Frequency Exchange acquired FREmedica Technologies Inc. in 2022. FREmedica is now a wholly owned and operating subsidiary of Frequency Exchange Corp. FREmedica's business is focused on the development and global commercialization of "NIKKI", a Wellness Technology delivering frequency-enhanced Wellness Programs. NIKKI means "Victor of the People,"; bringing wellness programs to all walks of life. FREmedica began with the development of a specialized Lyme support program designed to help people struggling with Lyme disease. Now FREmedica, through NIKKI, delivers Wellness Programs to assist with issues including sleep, pain, energy, immunity, and many more. NIKKI delivers Wellness Programs to restore and improve communication in the network of trillions of cells that make up the human body. Strong cell communication is essential to good health.
Health can be disrupted by physical, mental and emotional trauma. For example, poor sleep can be a symptom of pain, stress, and fatigue stemming from poor cell communication. NIKKI delivers specific frequencies into the body for the purpose of restoring proper cell function. Categories of Wellness Programs continue to grow. NIKKI Wellness Technology, combined with frequency-based Wellness Programs, is the result of years of development and experimentation with advanced bioenergetic technology. In third-party quality-of-life testing over an eight-week period, NIKKI proved to provide an unprecedented level of benefits ranging from better sleep and reduced pain to less anxiety and greater energy, with 90% of the test subjects experiencing improvement in overall wellness.
www.WeAreNikki.com
www.FrequencyExchangeCorp.com
For more information, please contact:
Frequency Exchange Corp. FREmedica Technologies Inc.
Stephen Davis Nicole Sullivan
CEO & Director President
250-732-7170 Nicole.sullivan@wearenikki.com
Cautionary Note Regarding Forward-Looking Information
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. All statements, other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. In particular, forward-looking information includes, but is not limited to, statements with respect to the Company's use of proceeds from the private placement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available under the Company's profile on SEDAR+ at www.sedarplus.ca.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
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