Intema Solutions Inc. Announces it Has Remedied its Default to File Annual Financial Statements for 2017

MONTRÉAL--()--Intema Solutions Inc. (TSX-V:ITM) (the “Company”) announces that the filing of its audited financial statements for the fiscal year ended December 31, 2017, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”) has been completed on May 23, 2018.

The Company hereby announces that by filing the Annual Financial Filings, the Company has remedied its default to file annual financial statements for 2017 as it was detailed in the press release dated April 5, 2018 (the “Default”).

Management expects that the Management Cease Trade Orders issued in connection with this Default will be revoked shortly.

About Intema Solutions Inc.:

Intema’s mission is to integrate technologies to marketing. The company develops technologies for marketing and services related to predictive marketing, relationship marketing, database marketing and Blockchain applications. Since its inception, INTEMA has dedicated its efforts to deliver key solutions to the marketing industry. For more information, please visit our corporate website at intema.com and our product websites eflyermaker.com and matcheranalytics.com.

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

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Such statements include those with respect to the date on which the audit of the Company’s 2017 financial statements will begin, the time that audit will take to complete, and the date that the Annual Filings will be filed. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Such assumptions, which may prove incorrect, include the following: (i) the Company will succeed in retaining new auditors within a reasonable timeframe, (ii) the Company’s new auditors will begin their work forthwith, (iii) the audit of the Company’s 2017 financial statements will not take longer than has been customary, (iv) the auditors will be in a position to issue an auditor’s report without reservations upon the completion of their audit, and (v) the Company will be in a position to file the Annual Filings shortly after the audit is complete. Factors that could cause actual results to differ materially from expectations include (i) the inability of the Company to successfully retain new auditors for whatever reason, (ii) the inability of those auditors to begin or complete their audit in a reasonable timeframe, (iii) the inability of the auditors to issue an unqualified auditor’s report upon the completion of their audit and (iv) the Company’s inability to file the Annual Filings for whatever reason after the audit has been completed. These factors and others are more fully discussed in the Company’s filings with Canadian securities regulatory authorities available at www.sedar.com. Actual results may vary from the forward-looking information.

Contacts

INTEMA:
Roger Plourde, +1-514-861-1881
President, Director and Chief Executive Officer
rplourde@intema.com

Contacts

INTEMA:
Roger Plourde, +1-514-861-1881
President, Director and Chief Executive Officer
rplourde@intema.com