RIWI Wins New Contract with a Top International Bank, Expands Finance Data Offerings

Tickers: XCNQ:RIW
Tags: Blockchain, Technology

Toronto, ON / TheNewswire / February 21, 2018 - RIWI Corp. (CSE: RIW) (the "Company" or "RIWI") is pleased to announce that its client, a top-20 bank in the world as measured by assets under management, has awarded the Company a second contract to provide additional services in the amount of US $238,000. Work on this second contract has begun.

RIWI earns recurring revenue with the bank pursuant to a three-year long-term agreement ("LTA") signed in August 2017. RIWI signed the first US $315,000 contract in September 2017 under the LTA.

RIWI has added new capabilities to its Global Finance data-on-demand offerings, including: automated dashboards, time-series analysis and real-time insights about fast-changing investor sentiment, advertising effectiveness and product usage in all countries and regions of the world.

Change in Reporting Currency to US Dollars

RIWI also announces that it has changed its reporting currency in its financial statements from Canadian dollars to US dollars, for fiscal periods beginning on January 1, 2018. This change reflects RIWI's revenue, which is now predominantly US dollar denominated. Historical financial information will be restated to US dollars for comparative purposes.

About RIWI

RIWI offers surveys, risk monitoring, predictive analytics and ad tests in all countries. https://riwi.com.

RIWI CORP.

Signed: "Neil Seeman"

Neil Seeman, Chief Executive Officer

For more information, please contact:

Daniel Im, Chief Financial Officer

danielim@riwi.com | 1 416 205 9984 ext. 2

CAUTION REGARDING FORWARD-LOOKING INFORMATION:

Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of Canadian securities legislation that involves risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of the Company's expectations or beliefs regarding future events. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.

Copyright (c) 2018 TheNewswire - All rights reserved.

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