Beleave announced a refresh of its Board of Directors with the appointment of three new Independent Directors and one Inside Director to enhance the Company's focus on governance, and emerging and capital markets. The newly appointed Independent Directors are: James (Jim) Wasserstrom: A native of New York, Jim has extensive international experience and expertise in governance, compliance and internal control. Jim spent the early part of his career in various corporate capacities, including as a global partnerships executive for American Express Travel Related Services.

Andrew Steane: With over 25 years of software industry experience, Mr. Steane has extensive experience in sales, marketing, operations and governance with industry giants such as Microsoft and SAP as well as start- ups. Working with legal and compliance teams, he has co-authored global policy documents and managed governance processes for multi-million-dollar marketing budgets including spend controls and measurement. In addition, Mr. Steane has led sales operations for a software business in excess of $800 million in revenue, identifying key business trends used to set strategic direction across a global organization.

He has directed cross-functional teams to build software tools required to support global KPI adoption. Jason Wuttunee: Mr. Wuttunee is a Crown prosecutor in Alberta who has conducted major litigation and prosecuted the entire spectrum of complex criminal matters, including regulatory and financial offences. He has argued numerous times before the Alberta Court of Appeal and was counsel on a precedent-setting case before the Supreme Court of Canada.

The following Inside Director will be joining the Board effective immediately: Kevin Keagan: Mr. Keagan brings over 25 years experience in capital markets and financial services to provide oversight to the operation, expansion, and direction of Beleave's communications and capital markets initiatives. Having spent over 13 years as Head of Equity Trading at two of the largest asset managers in Canada, Mr. Keagan offers unique insight to the inner workings of investment decision-making process and has developed a close working relationship with broker dealers and investment managers on a global scale. Mr. Keagan was a member of the International Trader Forum advisory committee, and was a board member of both the Canadian Securities Trader Association and Institutional Equity Trader Association.

Mr. Andrew Wnek, Bojan Krasic, Mark Miles, and Mark Heselton have resigned as directors, with Mr. Wnek and Mr. Krasic also resigning from their respective CEO and CFO roles, effective immediately. Mr. Panagiotakopoulos was appointed by the Board to serve as CEO, with Mr. Keagan being appointed to take on the role of interim CFO until such time as a permanent CFO is selected.