Mr. Shane Madden reports

HYDREIGHT TECHNOLOGIES PROVIDES UPDATE TO FINANCING

Hydreight Technologies Inc. has received commitments of over $4-million for its brokered private placement previously announced on Feb. 10, 2025. The offering remains subject to approval from the TSX Venture Exchange.

Shane Madden, the chief executive officer of the company, said: "We have closed the order books after a successful marketing period. We look forward to welcoming new investors that support our long-term objectives."

The offering is being conducted by Beacon Securities Ltd. (the agent) and will consist of 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. 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). The units will be issued under the listed issuer financing exemption pursuant to Part 5A of National Instrument 45-106 -- Prospectus Exemptions.

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.

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 offering is expected to close on or about Feb. 26, 2025, or such other date as may be determined by the company 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.