Sanwire Highlight's Fiscal Year 2022 Performance, Reporting 240% Revenue Growth

SAN FRANCISCO, CA / ACCESSWIRE / April 25, 2023 / Sanwire Corporation ("Sanwire" or the "Company") (OTC PINK:SNWR), an entertainment technology innovator, and its wholly owned subsidiary, Intercept Music Inc ("Intercept Music") - a multi-faceted music label with cutting-edge, artist-centric distribution and marketing platform, are pleased to provide fiscal year 2022 performance review.

The Company's sole subsidiary, Intercept Music achieved 240% sales growth compared to fiscal year end 2021; breaking records and positioning itself as a major player in the music industry. Fiscal year 2022 revenue increase and performance excellence are attributed to many factors with growth across all major income streams. Major drivers behind the increased revenue are:

• Number of streams increased by 430% to 130 million streams over year end 2021;
• Number of partnerships launched in late 2021 and 2022 contributed prominently to the increase in the streaming figures. Partnerships such as Method Man; CC Enterprises; Litco Entertainment and many others;
• The Company raised over $1,200,000 for product development, sales & marketing campaigns and customer acquisition;
• Meaningful enhancements to the Company's proprietary software that have streamlined revenue growth;
• Commitment to innovation, unparalleled service, and strategic partnerships with industry leaders; and
• Continued additions of new artists and Independent Labels directly to Intercept Music's platform.

The fourth quarter of 2022 saw tremendous growth, with figures nearly equal to the first three quarters of 2022, combined. This exceptional performance is a testament to Intercept Music's marketing efforts, which have helped the Company establish a strong foothold in the music industry.

"Thrilled with the results, we're absolutely stoked to report such incredible growth in 2022, and want to thank our clients, partners, and investors for their trust and support," said Tod Turner, Intercept Music CEO. "Our dedication to excellence and providing our clients with top-notch service has been key to our success. Our team has worked tirelessly, and we're proud of the momentum we've gained in the industry to lead us in 2023. Our recent announcement with music legend Coolio's estate is a confirmation we are able to attract great talent and partnerships."