Radial Research Corp. — Capital/Financing Update 2021

Mar 25, 2021

RADIAL RESEARCH CORP. ANNOUNCES AMENDMENT TO CONVERTIBLE DEBENTURE

Vancouver, British Columbia, March 25, 2021, Radial Research Corp. (CSE: RAD) (“ Radial ” or the “ Company ”) is pleased to announce that it has entered into an agreement to amend the terms of a convertible debenture (the “ Debenture ”) issued by the Company on August 19, 2019 in the principal amount of $500,000. The Debenture is unsecured and bears interest at a rate of 5% per annum which is payable in cash on the maturity date of the Debenture on August 19, 2021. Prior to maturity, the Debenture is convertible into common shares of the Company (the “ Shares ”) at a price of $0.15 per Share upon election of the holder of the Debenture (the “ Debentureholder ”), subject to a “conversion blocker” in respect of any conversion resulting in the Debentureholder acquiring 10% or more of the Shares of the Company. Subject to the approval of the CSE, the Company and the Debentureholder have agreed to amend the Debenture on the following terms:

1. The conversion price be reduced from $0.15 to $0.07 per Share;

2. The Debenture shall be repaid in cash, Shares or a combination of both, at the sole election of the Debentureholder; and

3. The maturity date of the Debenture be amended to August 19, 2022 and shall thereafter be extended for additional terms of one (1) year until the total indebtedness under the Debenture is repaid in full.

About the Company

Radial Research Corp. is a technology company that develops online and download technologies and services, including software, websites and smartphone applications. The Company has focused recent efforts on e-commerce related technologies, and has acquired Zoompages, an e-commerce platform which we believe greatly simplifies the sales funnel construction process. The Company is also seeking other opportunities in e-commerce, internet and smartphone-based technologies. For further information, please refer to the Company's disclosure record on SEDAR (www.sedar.com) or contact the Company by telephone at 604-332-2707.

ON BEHALF OF THE BOARD OF DIRECTORS

Chris Haill, CEO and Director (604-332-2707)

This news release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's business, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; and technological or operational difficulties. This list is not exhaustive of

• 2 -

the factors that may affect our forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.

The CSE has not reviewed, approved or disapproved the contents of this news release.