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Labrador Technologies forms Strategic Partnership with Bacancy Technology

Partnerships & JV

Labrador Technologies forms Strategic Partnership with Bacancy Technology

Calgary, Alberta February 22, 2018 – Labrador Technologies Inc. ("Labrador" or the

"Corporation") (TSXV: “LTX”) announces it has formed a strategic partnership (the

“Partnership”) with Bacancy Technology Inc. (“Bacancy”), an international technology company

committed to value and performance at every stage of product development, from planning to

delivery. Labrador and Bacancy will work collaboratively to identify how emerging technologies

can increase their mutual productivity and profitability. To initiate the partnership, Bacancy will

be assisting Labrador in the development and launch of a new corporate website to appropriately

reflect Labrador’s expansion into new markets.

Bacancy President and Chief Technology Officer Binal Patel states: “Creating a better world

requires teamwork, partnerships, and collaboration, as we need an entire army of companies to

work together to build a better world within the next few decades. We are enlightened to open up

the doors by setting up a Partnership with Labrador Technologies Inc. We would like to contribute

and build next generation cutting edge solutions using trending technologies.”

About Bacancy Technology

Bacancy is a prominent web and mobile application company based in Canada, India, Dubai, and

the United States, offering business aligned IT solutions and services to partners of all shapes and

sizes. Bacancy is a global leader in IT Services, cutting-edge business solutions & outsourcing

with partners around the world to simplify, strengthen and transform their businesses to improve

their efficiency.

Bacancy has extensive experience in creating versatile, innovative, engaging and user-focused web

and mobile applications using emerging technologies. Bacancy has over 130 experts who have in-

depth knowledge and extensive experience in building secure and scalable IT Solutions.

Bacancy‘s website can be viewed at: www.bacancytechnology.com

About Labrador Technologies

Labrador Technologies is a Calgary, Alberta based software development firm providing innovative

solutions for industries seeking a visual interpretation of financial reporting.

For more information contact:

Ronald Sterne

T: (403) 263 6325

E: [email protected]

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture) accepts responsibility for the adequacy or accuracy of this release.