BOARDWALKTECH ANNOUNCES EXPANSION WITH LEADING EUROPEAN BROADCASTING AND MEDIA COMPANY

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New digital ledger app to manage international production planning

CUPERTINO, Calif., December 20, 2021 /PRNewswire/ – (TSXV: BWLK) (OTCQB: BWLKF) Boardwalktech Software Corp (“Boardwalktech” or the “Company”), the leading digital ledger platform and enterprise software application company, is pleased to announce that it has expanded its business footprint with a major European-based broadcast and media company (the “Client”) to implement its second application on the Boardwalk Digital Ledger platform. Total first year revenue is now expected to exceed $160,000 for this client with more expected in 2022, including both recurring revenue and professional services.

This client has thousands of content produced and formatted at any given time for international distribution across various mediums such as television and online services. Planning the production of these shows and titles globally requires high levels of coordination and collaboration with multiple business units and production partners around the world. Boardwalktech’s Digital Ledger platform will be used to deliver this latest production planning application to analyze and plan all related production activities including production costs, formatting and scheduling of content produced by the customer. Boardwalktech’s unique solution enables this client to enable multiple international groups to work and collaborate simultaneously while preserving change and being fully responsible for timelines and costs.

“As part of our implementation and expansion strategy, this will be the second application deployed on the Boardwalk Digital Ledger platform that we will provide to this customer this year. We expect more applications as the value of our solution is realized in this great organization. The digital transformation of manually executed collaborative processes within large enterprises continues to be of critical importance to every business, and a problem Boardwalktech is uniquely qualified to solve. same data at the same time so that decisions can be made, is no longer a pleasure to have, but a must,” said Andrew T. Duncan, CEO of Boardwalktech. Improved collaboration and accountability using the Boardwalk Digital Ledger platform drives better and faster decision-making, enabling this client to bring content to market faster, generating increased revenue and improving results.

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger technology platform currently used by Fortune 500 companies running mission-critical applications around the world. Boardwalktech’s digital ledger technology and its unique method of managing large amounts of structured and unstructured data is the only platform on the market today where multiple parties can efficiently work on the same data simultaneously while preserving the fidelity and provenance of data. Boardwalktech can deliver purpose-built, collaborative business information management applications on any device or user interface with full integration with corporate record systems in a fraction of the time it takes to get started. other platforms based on non-digital ledger technology. Boardwalktech is headquartered in Cupertino, California with offices at India and operations in North America. For more information about Boardwalktech, visit our website at www.boardwalktech.com.

Forward-looking information and statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or of the current condition, but rather represent only the company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside the control of the Company. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget “, “expected”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or may contain statements that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will continue”, “will occur” or “will be carried out”.

By identifying such information and statements in this manner, the Company cautions the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to a number of risks, including, without limitation, the risks described under “Risk Factors” in the Company’s Filing Statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be not those anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in the preparation of, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurances or warranties can be assured that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements contained or referred to herein. , except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.

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 release.

SOURCE Boardwalk Tech

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https://www.boardwalktech.com/

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