At the request of IIROC, Labrador Technologies Inc. (“Labrador” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

Labrador Technologies Inc.

- Unaware of Any Material Change -

FOR IMMEDIATE RELEASE

Date: February 14, 2017

At the request of IIROC, Labrador Technologies Inc. (“Labrador” or the “Company”) wishes to

confirm that the Company’s management is unaware of any material change in the Company’s

operations that would account for the recent increase in market activity.

Labrador® specializes in secure, web-based data retrieval software that maps and visualizes Oil

& Gas data on computers, tablets, and smartphones.

Neither 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.

This news release may contain assumptions, estimates, and other forward-looking statements

regarding future events. Such forward-looking statements involve inherent risks and uncertainties

and are subject to factors, many of which are beyond the Company's control that may cause

actual results or performance to differ materially from those currently anticipated in such

statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

H. Ronald Sterne

Chief Executive Officer

Labrador Technologies Inc.

Telephone: 403-263-6325