Mr. Shane Madden reports

HYDREIGHT TECHNOLOGIES INC. ANNOUNCES LIFE OFFERING OF UP TO $4 MILLION

Hydreight Technologies Inc. has entered into an agreement with Beacon Securities Ltd. acting as the sole agent, who has agreed to sell, on a commercially reasonable best efforts private placement basis, up to 2,581,000 units of the company at a price of $1.55 per unit for aggregate gross proceeds of up to $4,000,550. The units will be issued under the listed issuer financing exemption pursuant to Part 5A of National Instrument 45-106 -- Prospectus Exemptions.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share of the company at a price of $2.00 per warrant share for a period of 36 months from the closing date (as defined herein).

In addition, the company has granted the agent an option to arrange for the purchase and sale of up to an additional 3.71 million units at the offering price, exercisable in whole or in part, by the agent giving notice to the company at any time until 48 hours prior to the closing of the offering.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the units will be offered for sale to purchasers resident in each of the provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption, and in other qualifying jurisdictions. Subject to the rules and policies of the TSX Venture Exchange, the securities issued under the listed issuer financing exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document related to the offering that can be accessed under the company's profile at SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

The company intends to use the net proceeds raised from the offering to support sales growth and for working capital and general corporate purposes, as more specifically described in the offering Document.

The offering is expected to close on or about Feb. 26, 2025, or such other date as may be determined by the company and the agent and is subject to the company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

About Hydreight Technologies Inc.

Hydreight is building one of the largest mobile clinic network in the United States. Its proprietary, fully integrated platform hosts a network of over 2,500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking and managing patient data, which enables licensed health care professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, medspa technicians and other licensed health care professionals. The Hydreight platform allows health care professionals to deliver services independently, on their own terms or to add mobile services to existing location-based operations. Hydreight has a 503-billion pharmacy network, servicing all 50 states, and is closely affiliated with a U.S. certified e-script and telemedicine provider network.

We seek Safe Harbor.