Microsoft Innovator, Dave Jaworski, joins INEO's Board of Directors

SURREY, BC, May 19, 2021 /CNW/ - INEO Tech Corp. (TSXV: INEO) (the "Company" or "INEO"), an innovative provider of digital advertising, loss prevention and data analytics solutions to retailers, is pleased to announce the appointment of Dave Jaworski to the Company's Board of Directors. Jaworski is currently the Principal Program Manager for Microsoft Teams development. He has also held previous roles at Microsoft including Global Digital Advisor and General Manager of US Sales and Operations. Jaworski, employee #3 at Microsoft Canada, was the first ever recipient of Bill Gates' Chairman's Award of Excellence and one of the six-member team that created Microsoft Office.  In 2017, Jaworski published a book on his experiences in the early days at Microsoft entitled "Microsoft Secrets: An Insider's View of the Rocket Ride from Worst to First and Lessons Learned on the Journey". In between his two tenures at Microsoft, Jaworski led a distinguished technology career having founded and grown a variety of technology startups and companies in a diverse set of industries including digital media and music.

INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., provides retailers with the INEO Welcoming Network, a patented in-store and online location-based advertising network which enhances the customer experience, monetizes the entrances of retail stores and protects against retail theft. (CNW Group/INEO Tech Corp.)

"We are pleased to have Dave join INEO's Board of Directors," said Kyle Hall, Chief Executive Officer of INEO. "Dave's technology and business expertise along with his strong relationships in the Silicon Valley and Seattle tech ecosystems will be great assets to the Company. I'm thrilled to be working with him going forward. Additionally, in conjunction with adding Dave, we have accepted the resignation of Gurm Sangha from the INEO Board and wish to thank Gurm for his dedication and service in helping guide the Company through it's first year of being a public entity."

"INEO has a bright future ahead of it," said Gurm Sangha former Director of INEO. "I'm pleased to have helped the Company through the RTO process and build a sound foundation for INEO's future growth prospects.

Jaworski has a Bachelor of Science/Computer Science degree from the University of Manitoba and also sits on the advisory board of Payworks, a leading expert in the field of total workforce management solutions to businesses across Canada.

About INEO Tech Corp.        

INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., provides retailers with The Welcoming System, a patented in-store and online advertising platform that enhances the customer experience, monetizes the entrances of retail stores and protects against retail theft.  The Welcoming System is a revolutionary cloud-based digital advertising and data analytics system, which sends customized advertising to digital screens integrated with theft detection sensor gates at the entrance of retail stores.  INEO is publicly traded on the TSX-Venture Exchange under the symbol "INEO-V".  INEO Solutions Inc. is a registered trademark of INEO Tech Corp.  For more information please visit  www.ineosolutionsinc.com.

Forward-Looking Statements

Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon.  Trading in securities of the Company should be considered highly speculative.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors – including the availability of funds, acceptance of the Company's products, competition, and general market conditions – that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed on SEDAR, including the Company's Filing Statement dated January 20, 2020 (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.  The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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

SOURCE INEO Tech Corp.

Pardeep S. Sangha, Investor Relations, INEO Tech Corp., [email protected], [phone]