RevoluGROUP Canada Inc. Announces Change to Board of Directors

Vancouver, BC, Feb. 14, 2024 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) announces that Daniel Hernandez, Director of RevoluGROUP has decided to step down effective immediately, and is pleased to announce the appointment of Francisco José Moreno Balboa to the board of directors (the “Board”) of the Company, both effective February 12, 2024.

Daniel Hernandez began as a highly valued corporate advisor in September 2017. Since November 2020, Mr. Hernandez has been an instrumental board member, bringing his expertise and guidance to the Company over the past three years. The board and Management extend their deepest gratitude to Daniel for his significant contributions in his previous executive management role. Due to the tremendous success of Daniel Hernandez's eSignus, a Company he cofounded, Daniel needs to dedicate increased focus in this role. Mr. Hernandez will continue to assist in the capacity of Advisor, specifically on the integration of the RevoluEX platform and integration of eSignus security technology for mobile or web applications.

In light of this transition, the Company is pleased to welcome Francisco José Moreno Balboa as the newest member of the Board of Directors, effective immediately and subject to the TSX Venture Exchange approval of the requisite PIF ("Personal Information Form"). Francisco was a notable investor in the Company's recent private placement, has undertook key internal projects and the upcoming technology integration related to MyFullTrip, and other partnership projects.

Bernard Lonis, Chairman of RevoluGROUP, expressed his gratitude to the outgoing director and enthusiasm for the incoming director's contributions. Mr. Lonis stated, "eSignus has demonstrated huge success by focusing on the security aspects of protecting cryptocurrencies and user wallets, and having Daniel Hernandez continue as RevoluGROUP advisor but now laser-focused on the eSignus integration into RevoluEX is of paramount importance for our upcoming projects. Furthermore, we welcome Francisco José Moreno Balboa to the Board of Directors as a major investor and a key ally in numerous upcoming technology integrations."