Interbittm Confirms No Material Change

INTERBITTM CONFIRMS NO MATERIAL CHANGE

Canada / London, UK February 10, 2020

INTERBIT LTD. (TSX Venture: IBIT) (the “Company”), at the request of IIROC, confirms that it

is not aware of any corporate development, news or undisclosed material change to the Company

or its operations that would account for the recent volatility in the stock market activity.

ABOUT THE COMPANY

The Company owns and is developing proprietary technologies and is listed on the TSX Venture

Exchange.

For further information please contact:

Brian Hinchcliffe, CEO

Phone: +1-914-815-2773

Email: [email protected]

Website: www.interbit.io

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this release are forward-looking statements, which include, the timing,

development, launch and success of the Company’s technologies and products (including,

without limitation, successful development and commercialization of the Interbit TM platform),

timing of receipt of feedback in respect of patent application examinations, successful receipt of

patents in connection with the Company’s patent applications, and other matters. Forward-looking

statements consist of statements that are not purely historical, including any statements regarding

beliefs, plans, expectations or intentions regarding the future. Such information can generally be

identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”,

“anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.

Readers are cautioned not to place undue reliance on forward-looking statements, as there can

be no assurance that the plans, intentions or expectations upon which they are based will occur.

By their nature, forward-looking statements involve numerous assumptions, known and unknown

risks and uncertainties, both general and specific, that contribute to the possibility that the

predictions, estimates, forecasts, projections and other forward-looking statements will not occur.

These assumptions, risks and uncertainties include, among other things, the state of the economy

in general and capital markets in particular, the development of competitive technologies, the

marketplace acceptance of the Company’s technologies and products, as well as those risk

factors discussed or referred to in the Company's annual Management's Discussion and Analysis

for the year ended December 31, 2018 available at www.sedar.com, many of which are beyond

the control of the Company. Forward-looking statements contained in this press release are

expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this

press release. Except as required by law, the Company disclaims any intention and assumes no

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obligation to update or revise any forward-looking statements, whether as a result of new

information, future events or otherwise. Additionally, the Company undertakes no obligation to

comment on the expectations of, or statements made by, third parties in respect of the matters

discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.