RiseTech Capital Corp. ('RiseTech') announced that it has entered into a letter of intent dated September 8, 2020 (the 'LOI') with Tantalus Systems Holding Inc., pursuant to which RiseTech and Tantalus (each, a 'Party', and, together, the 'Parties') have agreed to complete a plan of arrangement, merger, amalgamation, share exchange and/or other similar transaction (the 'Transaction'), whereby RiseTech will acquire all of the issued and outstanding shares of Tantalus (each, a 'Tantalus Share', and, collectively, the 'Tantalus Shares'). RiseTech is a capital pool company ('CPC') as defined under Policy 2.4. It is expected that RiseTech (following closing of the Transaction, referred to as the 'Resulting Issuer') will be listed on the Exchange as a Tier 1 Technology issuer. Following the Closing, the management and Board of Directors of the Resulting Issuer will each be comprised of the current management team and Board of Directors of Tantalus and one director of RiseTech. Management - George Reznik - Chief Financial Officer - George Reznik brings over 25 years of expertise in executive financial leadership and operations having held key roles at rapidly growing public companies in the high technology industry. George currently serves as Chief Financial Officer of Tantalus.