VANCOUVER, BRITISH COLUMBIA / TheNeswire / December 22, 2017 – Mobio Technologies Inc. (TSXV:MBO), (“Mobio”) today announces that it has reached an agreement with Exahash Cryptomining Corp. (“Exahash”) to provide a loan of $100,000.

A loan of $100,000 will be provided immediately, with an option to convert into any future financing of Exahash at the lower price of the financing offered or $0.05 per share with a 1-year term. The loan will carry an interest rate of 10%.  If the loan is not converted into equity, it will become due and payable upon demand at the end of the 1-year term.  The loan is secured by a general security agreement against all of Exahash’s personal property.

Warrants equal to 25% of the amount invested in Exahash will also be issued to Mobio, with a strike price of $0.05 per share. The warrants will carry a two-year term.

A second set of Warrants equal to 500,000 shares in Exahash will also be issued to Mobio, with a strike price of $0.0001 per share. The warrants will carry a two-year term.

About Mobio Technologies Inc.

Mobio is a publicly traded company on the TSX Venture Exchange, headquartered in Vancouver, BC, and runs Strutta.com Media Inc. Strutta is a social promotions platform that helps marketers bring potential customers from stranger to fan to customer, and Strutta’s Promotions API provides a technology platform that facilitates social media competitions and campaigns for global brands. For more information visit www.mobio.net.

For additional information contact:

Huitt Tracey, Investor Relations

Tel: 604-537-2094

ir@mobio.net

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. Other than statements of historical fact, all statements included in this news release, including, without limitation, statements regarding future plans and objectives of Mobio are forward-looking statements that involve various risks and uncertainties.  There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.  Factors that could cause actual results to differ materially from those expected by Mobio are those risks described herein and from time to time, in the filings made by Mobio with Canadian securities regulators. Those filings can be found on the Internet at: http://www.sedar.com.

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.