NovaTeqni Corporation (OTCQB: NVTQF) (TSX-V: NTQ.V) Breaking News
October 4, 2017

NOVATEQNI TO INCORPORATE BLOCKCHAIN INTO FARMERS MANAGEMENT SYSTEM AND ANNOUNCES PROTOTYPE COMPLETION OF FINGER PRINT DOOR ACCESS SYSTEM WITH VIRTUAL RECEPTION AND TIME AND ATTENDANCE FUNCTIONALITY

Calgary, ALB, Canada - October 4, 2017 - NovaTeqni Corp. (OTCQB:NVTQF) (TSX-V:NTQ) (“NovaTeqni” or the "Company") is continuing to examine areas of its business where the use of blockchain will reduce costs, improve security and provide efficiencies beyond current processes. Novateqni’s extensive experience in biometrics and voter registration, validation and voting systems uniquely positions the Company to take advantage of the efficiencies and security offered by the use of a blockchain. In examining current and future projects, the Company has decided to commence the development of a new version Farmer’s Management System using blockchain to increase functionality, and specifically to create a highly flexible, generic identification and transaction system.

The Company’s current Farmer’s Management System which was first launched in Malawi includes government quality biometrics, fixed offices, wireless and land line communications, cloud based computing, and mobile biometrics systems. Farmers were issued secure contactless smart cards containing biometrics data to allow instant identification. The system contains administrative functionality such as financial reporting and crop related reporting which led to an improvement in efficiency and capability within the important farming sector.

The use of the block chain adds an additional security layer to further distribute encrypted ledgers. This will allow for the safer and more secure storage of the biometrics and biographical information of users. Local biometrics matching when required will also be possible such as match on device or match on card Once developed the upgraded system can be used by a variety of enterprises.

The new system will be customizable to work for different standard and non standard product applications such as Know Your Customer, student registration, access control, time and attendance, health plans, drivers licenses, voter validation, voter registration, and money transfers.

Novateqni is also pleased to announce it has completed the prototype and first demonstration to sales partners of its finger print based door access system with fully integrated virtual reception and time and attendance functionality. An iris based version of the access system will be available by the end of this year and a robust version targeted at construction sites will be launched in 2018.

Funding will be required to carry out the development of the new Famers Management System using blockchain and to prepare production ready versions of the Company’s various products including the time and attendance system and door access controllers.

Gerhard Mynhardt, CEO of Novateqni stated, “We are very pleased to be announcing the completion of a product that, once to market, will commence the Company’s transition from tender based sales to more predictable and reliable standard product sales. In addition, the Company sees various efficiencies and added security offered by the incorporation of a blockchain into its current and future offerings, therefore, the Company will be working towards utilizing the blockchain where it can and where it is best suited. Monetization of blockchain applications is tough however Novateqni is identifying practical blockchain based applications which can actually be monetized from a revenue perspective.”

About Novateqni

NovaTeqni is a technology based company that is focusing on biometrics and financial technologies. Using its management experience and developed intellectual property, NovaTeqni provides solutions and products for voter validation, voter registration, financial transactions and biometric solutions. Using its platform of products, NovaTeqni can provide clients with custom solutions for their particular industry. NovaTeqni has corporate offices in Calgary, Alberta, sales offices in Virginia Beach, Virginia, development offices in Johannesburg, South Africa and manufacturing in Hong Kong.

For further information, please contact Gerhard Mynhardt, Chief Executive Officer of the Corporation, by email at info@novateqni.com.

Reader Advisory
This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning the Company’s Farmers Mangement System and the completion and rollout of the Company’s finger print and iris based door access system with virtual reception and time and attendance functionality. The forward-looking statements and information are based on certain key expectations and assumptions made by the Corporation, including expectations and assumptions concerning the business of the Corporation. Although the Corporation believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because the Corporation can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, the Corporation's expectations and assumptions concerning the business of the Corporation and the ability to complete development of a new farmers management system usng blockchain and complete and rollout the Company’s finger print and iris based door access system with virtual reception and time and attendance functionality. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Corporation undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE: NovaTeqni Corp.

NOVATEQNI CURRENTLY REVIEWING ADOPTION OF BLOCK CHAIN TECHNOLOGIES AND PROVIDES CORPORATE UPDATE

Calgary, ALB, Canada - September 27, 2017 - NovaTeqni Corp. (OTCQB:NVTQF) (TSX-V:NTQ) (“NovaTeqni” or the "Company") is providing an update to shareholders on the activities of the company over the last few months. The previously announced Mobizent deal is being fulfilled with testing of MobiCONNECT and development of the biometrics-enabled mobile MobiCHK II computer in full progress. Both products are aimed at the law enforcement sector in the United States and elsewhere.

NovaTeqni has also progressed its range of prepaid off-grid solar power packs for homes and small businesses. The Nova solar power systems have on-line data connectivity allowing easy pay-as-you-go top-up and telemetry for efficient remote support. This makes the purchase cost much lower for home owners who then pay for electricity as and when it is required on a pay-as-you-go basis. The cost-effective system will be especially useful in areas such as Africa where many millions of homes in rural areas and small towns have no grid connected power. It is anticipated that a microcredit facility will allow users to obtain power on credit in certain cases, this is a feature able to be provided via the on-line connectivity of the system. The small business system is able to provide power to small businesses, schools, clinics and so on. These systems will be able to power a DC operated water filter system, as well as a fridge, TV with satellite receiver, lights and small computers. This sector is receiving considerable investment attention. NovaTeqni has to date supplied close to 10,000 of its low power solar power kits to entities including the United Nations (UN).

Additionally, the company has been reviewing blockchain technologies that would be synergistic to Novateqni's existing business verticals. The markets for blockchain can be anywhere from biometrics-based payments and secure money transfer to voter registration, voting and voter verification. It is also potentially useful for prepayments for utilities and services.

Gerhard Mynhardt, chief executive officer of Novateqni, stated, "We are very pleased to be completing the work for Mobizent and the team is working hard on growing our presence in our areas of expertise."

About Novateqni

NovaTeqni is a technology based company that is focusing on biometrics and Financial technologies. Using its management experience and developed intellectual property, NovaTeqni provides solutions and products for voter validation, voter registration, financial transactions and biometric solutions. Using its platform of products, NovaTeqni can provide clients with custom solutions for their particular industry. NovaTeqni has corporate offices in Calgary, Alberta, sales offices in Norfolk, Virginia, development in Johannesburg, South Africa and manufacturing in Hong Kong.

We seek Safe Harbor.

SOURCE: NovaTeqni Corp.

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About NovaTeqni Corporation:

NovaTeqni develops technology based products from concept or from user requirement specifications to prototype and to production. To facilitate this we have developed a range of NovaPlatforms which are standard solutions, these can be adapted rapidly and cost effectively to specific requirements.

IDENTIFICATION TECHNOLOGIES
Identification technologies like face recognition, voice recognition etc.

TRANSACTIONS TECHNOLOGIES
Transaction technologies for secure and better payments and transactions.

SOLAR ENERGY SOLUTIONS
Solar energy based solutions to meet various energy requirements.

CONSUMER PRODUCTS
Innovative lifestyle consumer products for better customer’s life with technological advancements.

DEVELOPMENT
Development is undertaken in South Africa. Production is undertaken in Asia and elsewhere for high volume products and locally for low volumes and start up production.

OUR SERVICES
NovaTeqni undertakes product and technology development for globally based clients.

PRODUCT DEVELOPMENT
NovaTeqni develops technology based products from concept or from user requirement specifications to prototype and to production stages. Development of products range from modular integration through to comprehensive design from component level upwards.

RAPID PROTOTYPE PRODUCTION
NovaTeqni focuses on a range of technologies and solutions for various technology based sectors, including Identity solutions, including biometrics enabled solutions.

TECHNOLOGY RESEARCH
High volume production is typically undertaken in Asia. Alternatively, production packages can be placed with local production houses to facilitate global production. Low volume production is undertaken at specialized production facilities, such projects are managed by NovaTeqni.

ADAPT OUR NOVAPLATFORMS
Use our NovaPlatforms to obtain rapid customize solutions for specific requirements.

CUSTOMER SATISFACTION
NovaTeqni’s development team can take customer requirements or from ‘back-of-cigarette-box’ concepts to functional prototypes, then to compliant and certified production.

NovaTeqni’s management is of the most experienced in this sector having developed a number of world first’s such as the world’s first hand held electronic payments terminal, the world’s first payments device which turned a mobile phone into a secure payments terminal and the first biometrics Auto ID mobile computer with integrated EPC RFID.

ELECTIONS SOLUTIONS
Specialized elections solutions, including electronic voting machines and voter identification.

TRANSACTIONS TECHNOLOGIES
Transaction based solutions including agency banking solutions

ENERGY MANAGEMENT
Energy Management and monitoring solutions with latest technology advancements.

LIFESTYLE PRODUCTS
Lifestyle products, including related consumer products for better living.

SOURCE: http://www.novateqni.com/novateqni/

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