Will lift brand awareness for Hapbee’s Digital Wellness products among US Consumers

VANCOUVER, BC, Dec 22, 2023 –  Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF)

(FSE: HA1) ("Hapbee" or the "Company") is pleased to announce that it has entered into a media

partnership with a360media, which will see Hapbee featured across the multi-platform media company’s

esteemed brands and online properties.

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“We look forward to celebrating Hapbee, the next generation of wearable wellness technology, across our

portfolio of leading brands,” said a360media EVP & Chief Revenue Officer Carey Witmer. “Hapbee’s

growing user base includes some of the most respected athletes and celebrities and we look forward to

sharing their life-changing stories with our audiences.”

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a360media titles such as Us Weekly, Star, and In Touch, First for Women, and Woman’s World serve the

latest culture and content to millions of fans and readers each month and offer the widest selection of

entertainment media brands in publishing. As part of the agreement, a360media will become an equity

partner in Hapbee and will contribute media assets, creative services, and brand strategies in return.

"As we continue to grow our omnichannel presence, we are excited to partner with a360media, one of the

largest media platforms for beauty, health and wellness consumers," added Yona Shtern, CEO of Hapbee.

"I am excited that this unique partnership will allow even more women and men to learn about the

amazing, transformative benefits of Hapbee."

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About Hapbee 

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Hapbee is a digital wellness technology company that aims to help people take control of how they sleep,

perform and feel. Hapbee's digital wellness library of Wellness Routines utilizes patented ultra-low radio

frequency energy (ulRFE®), designed to help optimize users' sleep, productivity and focus, recovery, and

downtime. Hapbee devices and subscriptions are available for purchase at Hapbee.com and through a

growing network of select distributors, including Target and Target.com. You can learn more about how

Hapbee works at www.hapbee.com/science 

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About a360media

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accelerate360’s media group, a360media, includes well-known Celebrity & Entertainment and Women’s

Lifestyle brands, engaging millions of consumers monthly across multichannel platforms including

digital, magazine, and social media channels. The publisher’s flagship Women’s Group brands, First for

Women and Woman’s World, are the top two best-selling titles at retail, offering a time-tested lifestyle

editorial formula that forges deep connections and trust. Today, one third of all magazines sold at retail in

the United States are a360media titles, making the company the largest publisher in the U.S. (both in

retail sales and units sold).

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Hapbee Closes Non-Broker Equity Round

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Today's announcement also coincides with the partial closing of a non-brokered private placement of

units of the Company (“Units”) for aggregate gross proceeds to the Company of CAD $112,036 (the

“Offering”).

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As part of the Offering, the Company issued 1,400,451 Units at a price of CAD $0.08 per Unit (the

“Offering Price”), which consisted in the issuance of 1,400,451 subordinate voting shares of the Company

(“Shares”) and 1,400,451 Share purchase warrants (“Warrants”) with each Warrant entitling the holder

thereof to acquire one Share at a price of CAD$0.15 per Share for a period of 2 years from the closing

date of the Offering. The expiry date of the Warrants will be subject to prior acceleration, at the discretion

of the Company, should the volume weighted average price of the Company’s listed Shares on the TSX

Venture Exchange (“TSXV”), or any other stock exchange on which the Company’s Shares are then

listed, is greater than CAD$0.40 for a period of 10 consecutive trading days, the whole in accordance with

the terms of the Warrants. Each Share and Warrant issued (including the Shares underlying the Warrants)

will be subject to a hold period of four months plus one day following the closing of the Offering (the

“Hold Period”) pursuant to Canadian securities laws.

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Any net proceeds received by the Company from the Offering are intended to be used for product

development, manufacturing, business development, working capital and general corporate purposes.

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The Offering remains subject to the final approval of the TSXV.

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The securities offered pursuant to the Offering have not been and will not be registered under the United

States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state

of the United States (as such term is defined in Regulation S under the U.S. Securities Act) (the “United

States”), and may not be offered or sold within the United States, or to, or for the account or benefit of a

U.S. Person (as defined in Rule 902(k) of Regulation S under the U.S. Securities Act) or a person in the

United States, except in transactions exempt from registration under the U.S. Securities Act and

applicable U.S. state securities laws. This news release shall not constitute an offer to sell or a solicitation

of an offer to buy any of the securities offered hereby within the United States or to, or for the account or

benefit of, U.S. persons.

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Forward-Looking Information Disclaimer

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Certain statements included in this news release constitute forward-looking information or statements

(collectively, "forward-looking statements" ), including those identified by the expressions "anticipate",

"believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent

they relate to the Company or its management. The forward-looking statements are not historical facts but

reflect current expectations regarding future results or events. This news release contains forward-looking

statements. These forward-looking statements are based on current expectations and various estimates,

factors and assumptions and involve known and unknown risks, uncertainties and other factors. Forward-

looking statements are not guarantees of future performance and involve risks, uncertainties and

assumptions which are difficult to predict. Such statements and information are based on numerous

assumptions regarding the Company’s ability to meet its planned product marketing and development

initiatives and the Company’s ability to achieve its e-commerce rollout and full-scale commercial launch

as anticipated.

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Factors that could cause the actual results to differ materially from those in the forward-looking

statements include, delays in design, production, manufacturing, development or releases of signal blends,

collection of data from customer use, or the Company may not be able to achieve its targets as anticipated

or at all; changes in legislation and regulations; increase in operating costs; equipment failures; failure of

counterparties to perform their contractual obligations; litigation; the loss of key directors, employees,

advisors or consultants and fees charged by service providers.

Forward-looking statements contained in this news release are expressly qualified by this cautionary

statement. These risks, uncertainties and assumptions include, but are not limited to, those described in

Hapbee's annual information form dated May 2, 2022, a copy of which is available on SEDAR at

www.sedar.com, and could cause actual events or results to differ materially from those projected in any

forward-looking statements.

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These statements should not be read as guarantees of future performance or results. Such statements

involve known and unknown risks, uncertainties and other factors that may cause actual results,

performance or achievements to be materially different from those implied by such statements. The

Company assumes no responsibility to update or revise forward-looking information to reflect new events

or circumstances unless required by law. Readers should not place undue reliance on the Company's

forward-looking statements.

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Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)

accepts responsibility for the adequacy or accuracy of this release.

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For further information contact Jon Sheeri:

T: 1 888-841-7086

E: invest@hapbee.com

W: www.hapbee.com