Mr. Laurie Baggio reports

MOBIO TECHNOLOGIES INC. ANNOUNCES GRANT OF STOCK OPTIONS

Mobio Technologies Inc. has granted an aggregate of 5,505,000 incentive stock options to directors, officers, employees and consultants of the company.

The options are exercisable at a price of 15 cents per common share and expire on Feb. 20, 2036.

Vesting

Two hundred thousand options vest immediately on the grant date, with the remainder vesting over four years, with 0 per cent vesting during the first 12 months, followed by one-36th vesting monthly, resulting in full vesting on the fourth anniversary of the grant date.

Insider breakdown

Of the 5,505,000 options granted:

• The company granted 4,255,000 options to insiders, including members of the board of directors and executive officers of Mobio Technologies.
• It granted 1.25 million options to employees and consultants who are not insiders.

10-per-cent rolling stock option plan

The options were granted under the company's 10-per-cent rolling stock option plan, which has been approved by shareholders and accepted by the TSX Venture Exchange. Following this grant, the company remains within the limits permitted under the plan.

About Mobio Technologies Inc.

Mobio Technologies, a TSX Venture Exchange-listed company, is actively building a leading portfolio of moving and moving-related service brands, united by a dedication to quality, integrity and exceptional customer experiences. As a public company, Mobio strategically invests in both moving services and technology solutions, aiming to provide homeowners, businesses and entrepreneurs with a trusted, seamless network for all moving and relocation needs.

We seek Safe Harbor.