PRESS RELEASE

from Adcore Inc. (isin : CA00654B1040)

Adcore Announces Appointment of Investor Relations Manager

TORONTO, ON / ACCESSWIRE / April 29, 2024 / Adcore Inc. (the "Company" or "Adcore") (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way ("Effortless Marketing"), today announced that it has appointed Mr. Nick Campbell as Investor Relations Manager.

Mr. Campbell is a capital markets professional with over 8 years experience working extensively in the Canadian markets. The last 5 years he has worked directly with publicly traded companies listed on the TSX and TSX Venture where he successfully developed and implemented the investor relations outreach strategy and enhanced shareholder communication. Mr. Campbell has completed the CFA program and is a Chartered Financial Analyst (CFA®).The Company also announced that it terminated the engagement of Bristol IR. Bristol IR provided investor relations services to Adcore from March 13, 2023 to April 30, 2024.

Omri Brill, Adcore CEO, remarked: "We are thrilled to announce that Mr. Campbell has joined the Adcore team and is leading the efforts in the investor relations and communication services. As we continue to rapidly grow, we require a hands-on in house approach to facilitate effective shareholder engagement and communication. We recognize the importance of effective communication with our shareholders and the investment community." Mr. Brill continued "We would also like to take this opportunity to thank Bristol IR for their services over the past year. We appreciate their dedication and support during that time and wish them continued success in their future endeavors."

ABOUT ADCORE

Adcore is a leading AI-powered marketing technology company.

By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner.

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/, https://www.adcore.com/blog or follow us on LinkedIn.

FORWARD-LOOKING STATEMENTS

This press release contains or may contain certain forward-looking statements, including statements about the Company. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For further information please contact:

ADCORE INC.

https://www.adcore.com/investors/

Nick Campbell, CFAMartijn van den BemdInvestor Relations Europe
Investor RelationsChief Partnerships OfficerDr. Eva Reuter
Dr. Reuter Investor Relations
Telephone: 905-630-0148Telephone: 647-497-5337Telephone: +49 (0) 69 1532 5857
Email: nickc@adcore.comEmail: martijn@adcore.comEmail: e.reuter@dr-reuter.eu
Nick Campbell, CFAMartijn van den BemdInvestor Relations Europe
Investor RelationsChief Partnerships OfficerDr. Eva Reuter
Dr. Reuter Investor Relations
Telephone: 905-630-0148Telephone: 647-497-5337Telephone: +49 (0) 69 1532 5857
Email: nickc@adcore.comEmail: martijn@adcore.comEmail: e.reuter@dr-reuter.eu

SOURCE: Adcore Inc.



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