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Venzee and Mobius Execute Strategic Partnership Agreement

VANCOUVER, Oct. 30, 2018 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") and Mobius Knowledge Services are pleased to announce the completion of strategic enterprise partnership agreement where Mobius will integrate Venzee Mesh API into their Product Information Management ("PIMworks") platform for Venzee to upload accurate, relevant product content to various retailers their clients use for product distribution.

Mobius is a trusted data solutions partner to 50+ Forbes 2000 companies, offering data enrichment, data aggregation, online retail services such as product cataloging, minimum advertised price ("MAP") monitoring and products such as ProductiWise and PIMworks. Mobius delivers over 62M records a month for their customers across 12 industries globally.

The partnership delivers value added services to the Mobius platform allowing a revenue share from the Mobius clients that use Venzee's Mesh technology.

Karthik Karunakaran (KK), CEO of Mobius stated, "We are proud to be bringing our clients this highly innovative last mile solution to deliver rich, accurate consumer relevant content to their retailers without the need for manual input. It has immediate ROI and helps solve a pain point for many manufacturers and distributors around the world in the rapidly changing e-commerce world."

Peter Mackay, President and CEO stated, "This is the beginning of what we feel is a very exciting partnership. Mobius is a highly respected technology provider for many Fortune 2000 companies around the world. Venzee completes their already robust solution by delivering their highly organized, collated, meticulously curated, and stored data to the retailers their customers connect with around the world."

This is the third partnership that Venzee has executed, and the progression from the LOI previously announced earlier this year, with well respected technology partners around the world further validating the value of Venzee's IP and its channel partner strategy.