Calyx Bio-Ventures Inc.
TSX VENTURE : CYX

Calyx Bio-Ventures Inc.

September 17, 2015 08:00 ET

Calyx's Subsidiary Cannigistics Announces Platform Licensing Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 17, 2015) - Calyx Bio-Ventures Inc. (TSX VENTURE:CYX) ("Calyx" or "the Company") is pleased to announce that its wholly-owned subsidiary, Cannigistics Agri-Solutions Corp. ("Cannigistics"), has signed a multi-year agreement with Holborn Holdings Ltd. ("Holborn"), a Vancouver-based real estate developer with an international background and global vision. Under the agreement, the Cannigistics' platform will be used to run Holborn's IT infrastructure and manage their "go forward" IT strategy. By implementing its cloud server platform and "Compliance Operations Console", Cannigistics will provide Holborn a sophisticated and modern IT platform in which to aggregate, host and manage their infrastructure. Cannigistics will also provide ongoing support services.

Holborn is presently completing the very prestigious "Trump International Hotel & Tower® Vancouver" which is almost completely sold out. Holborn also manages a two acre city block in downtown Vancouver bordered by Seymour St., Richards St., W. Georgia St. and Dunsmuir St., comprising office and retails space, and a public parkade. Holborn's diverse portfolio of projects and real estate management services throughout British Columbia also includes other retail, residential, office and hotel properties.

This implementation has commenced and will be integrated in stages, with the initial phase to be completed by the end of September. The Cannigistics platform improves capabilities and visibility across all key aspects of the business through a management interface that will aggregate disparate systems into one global view via the "Compliance Operations Console".

"We are very excited to have commenced with another implementation in this new vertical," said Roger Forde, President and CEO of Cannigistics. "The Cannigistics' platform is proving to be versatile enough to effectively adapt to many diverse implementations. Our product is attracting significant and credible companies in the real estate space, and we are honored to have been selected by a company like Holborn to support their IT needs and assist with their long term IT management strategy."

About Calyx

Calyx's wholly-owned subsidiary, Cannigistics Agri-Solutions Corp, is a software development company that has created a software platform tailored to advanced indoor agriculture to integrate and manage disparate IT and software systems, initially targeting indoor agriculture. The Cannigistics software platform is designed to enhance the efficiency and effectiveness of indoor agricultural operations, and positions Cannigistics to be the industry leader in agri-software solutions by providing businesses with advanced controls over all aspects of their operations. Additionally, Calyx owns a portfolio of proprietary intellectual property with applications in crop enhancement.

For further information about Calyx, please visit www.calyxbio.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Roger Forde, Director, President and Chief Executive Officer

Forward-Looking Statements: This document contains certain forward-looking statements concerning Calyx, as well as other expectations, plans, goals, objectives, information or statements about future events, conditions, or performance that may constitute "forward-looking statements" or "forward-looking information" under applicable securities legislation. Such statements or information involve substantial known and unknown risks and uncertainties, certain of which are beyond Calyx's control. Such forward- looking statements or information are based on a number of assumptions, which may prove to be incorrect.

Although Calyx believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Calyx can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Calyx and described in the forward-looking statements or information.

The forward-looking statements or information contained in this news release are made as of the date hereof and Calyx undertakes no obligation 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 or the TSX Venture Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation 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.

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