NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the 'Company') announces that, due to circumstances created by the COVID-19 pandemic measures, the Company will be delaying the filing of its annual financial statements and related management discussion and analysis for the year ended December 31, 2019 until a date that is on or before June 15, 2020.

The Company confirms that no material business developments have occurred since filing of the Company's interim financial statements for the three and nine month period ended September 30, 2019, and should material business developments occur the Company will update shareholders accordingly. All Company executives, directors and insiders will be subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. The Company is relying on local blank orders issued by the British Columbia, Alberta and Ontario Securities Commissions (the 'Blanket Orders') for the following: (a) the requirement to file audited annual financial statements for the year ended December 31, 2019 pursuant to section 4.2 of National Instrument 51-102, and (b) the requirement to file annual management discussion and analysis for the year ended December 31, 2019 pursuant to section 5.1 of National Instrument 51-102. The Blanket Orders permit reporting issuers to extend the filing deadlines under securities laws by 45 days.

Contact:

Tel: (604) 644-0072

About NameSilo Technologies Corp. and NameSilo LLC NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third party and it does not offer investment advice. NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 3.34 million active domains under management, and over 170,000 active customers from approximately 160 countries.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forwardlooking statements.

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