Covalon Technologies Ltd. (the 'Company' or 'Covalon') (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, will be releasing its Fiscal 2020 First Quarter financial results on Monday, March 2nd, 2020, after markets close.

A conference call to discuss the financial results will be held Tuesday, March 3rd, 2020 at 9:00am EST. To participate in the conference call, please dial: Local/International: (833) 299-8117 North American Toll-Free: (647) 689-4535 Conference ID Code: 1181198 A recording of the call will be available by calling (855) 859-2056 or (404) 537-3406 and entering the conference ID code 1181198 from Tuesday, March 3rd, 2020, at 12:00pm EST to Tuesday, March 17th, at 11:59pm EST. A recording of the call will also be available on www.covalon.com on the Investor page under Event Calendar. Copies of Covalon's financial statements and MD&A can be obtained on SEDAR at www.sedar.com, as well as the Investor Relations tab of the Company's website at www.covalon.com.

About Covalon

Covalon Technologies Ltd. researches, develops, and commercializes new healthcare technologies that help save lives around the world. Covalon's patented technologies, products, and services address the advanced healthcare needs of medical device companies, healthcare providers, and individual consumers. Covalon's technologies are used to prevent, detect, and manage medical conditions in specialty areas such as infection control, vascular access, surgical procedures, advanced wound care, and medical device coatings.

This news release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'plan, 'estimate', 'expect', 'intend' and statements that an event or result 'may', 'will', 'should', 'could' or 'might' occur or be achieved and other similar expressions. These forward-looking statements involve risk and uncertainties, including completion of integration of the AquaGuard acquisition, the difficulty in predicting product approvals, acceptance of and demands for new products, the impact of the products and pricing strategies of competitors, delays in developing and launching new products, the regulatory environment, fluctuations in operating results and other risks, any of which could cause results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. Many risks are inherent in the industry; others are more specific to the Company. Investors should consult the Company's ongoing quarterly filings for additional information on risks and uncertainties relating to these forwardlooking statements. Investors should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update or alter any forward-looking statements whether as a result of new information, further events or otherwise.

Contact:

Tel: 905.568.8400

(C) 2020 Electronic News Publishing, source ENP Newswire