Tevano Systems Holdings Inc. — Capital/Financing Update 2021

Aug 18, 2021

Tevano Announces DTC Eligibility of its Common Shares

Vancouver, BC, August 18, 2021 ─ Tevano Systems Holdings Inc . (CSE: TEVO, FRA: 7RB, OTC Pink: TEVNF) (“ Tevano ”, or the “ Company ”) announces that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company (“ DTC ”) in the United States (“ U.S. ”) (“ DTC eligibility ”).

DTC eligibility allows public companies to deposit their securities directly to DTC, which saves clearing firms, broker dealers, banks and transfer agents valuable time processing the movement and deposit of securities and cash. DTC eligible securities can be distributed, settled and serviced through DTC’s automated processes via electronic book-entry delivery and settlement versus physical transfer between the buyer, seller and third party intermediaries.

David Bajwa, CEO of Tevano stated, “We believe our current and future shareholders in the U.S. will benefit from our common shares being DTC eligible. DTC eligibility will not only provide shareholders with greater liquidity, speed of execution and reduced brokerage costs, we believe it will also improve Tevano’s U.S. market visibility. Tevano’s common shares are now traded in Canada, the United States and Germany. As a result, we believe the Company is well positioned to grow its investor base globally.”

The Company’s common shares are quoted for trading on the OTC Pink Open Market, a U.S. based securities trading system, under the symbol “TEVNF”. The Company’s shares are also listed for trading in Canada on the Canadian Securities Exchange, under the symbol “TEVO”, and in Europe on the Frankfurt Stock Exchange under the symbol “7RB”.

About Tevano

Tevano is a hardware and software business solutions company. Its initial product, Health Shield™, is an innovative AI-driven electronic device which provides instant body temperature scanning and notifies users if they need to wear a face mask. Health Shield™ devices can be placed at all entrances where patrons and/or employees gain access to buildings. The Health Shield™ device is supported by a cloud software solution that can manage multiple devices and provide detailed reporting and analysis.

For more information, please visit www.tevano.com

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On behalf of the Board of:

TEVANO SYSTEMS HOLDINGS INC

David Bajwa, Chief Executive Officer davidb@tevano.com

778 388 4806

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION : This news release

contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. More particularly and without limitation, this news release contains forward‐looking statements and matters. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company’s ability to raise further capital and the Company’s ability to obtain regulatory and exchange approvals. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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