Montreal, QC - TheNewswire - July 11, 2023 - ATW Tech Inc. (the “Company” or “ATW”) (TSX-V:ATW) is providing an update with respect to its previously announced management cease trade order (“MCTO”) issued by the Corporation’s principal regulator, the Autorité des marchés financiers (the “AMF”), on May 2, 2023. The MCTO was issued in connection with the delay by the Company in filing its audited financial statements, management’s discussion and analysis and related certification for the period ended December 31, 2022 (collectively the “Required Documents”), before the prescribed deadline of May 1st, 2023.

On June 29, 2023, ATW filed its annual audited financial statements, management report and related certificates for the year ended December 31, 2022. On July 6, 2023, the Autorité des marchés financiers revoked decision 2023-IC-1028051 issued on May 2, 2023 prohibiting Carlos Bedran, Christian Trudeau, Louis Lessard and Michel Guay from carrying out, directly or indirectly, any activity related to trading in the securities of ATW Tech Inc. on the grounds that it is complies with the obligations of the applicable regulations.

ATW TECH PROFILE

ATW Tech is a technology company, owner of several recognized technology platforms such as Semeon Analytics, Option.vote and Voxtel. Semeon Analytics is a highly accurate and flexible text analysis platform for customer reviews and uses a unique combination of machine learning and natural language processing (NLP) to discover significant trends in customer reviews across all channels. Option.vote offers a customized multimethod voting system for unions, political parties, professional associations, and anyone looking for a secure way to reduce their voting costs and improve their participation rate. VoxTel specializes in telephone billing and alternative payment solutions for fixed and mobile lines.

Forward-Looking Statements and Disclaimer

Certain information contained herein may constitute “forward-looking information” or “forward-looking statements” under Canadian securities legislation. Such forward-looking statements, including but not limited to statements relating to the expected development and operations of the Corporation, statements concerning the timing, review, completion and filing of the Required Documents as well as the duration of the MCTO, involve risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information included herein, except as required by applicable securities laws.

Additional information regarding ATW Tech is available on SEDAR www.sedar.com

Source

ATW Tech Inc. 
Michel Guay 
Founder, president and CEO 
mguay@atwtech.com 
www.atwtech.com