Pacific Software Issues Annual Shareholder Letter

TORONTO (January 31, 2019) Pacific Software, Inc. (OTC: PFSF) (“Pacific Software” or “the Company”), an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms, today issues the following letter to its shareholders:

Dear Pacific Software, Inc. Shareholder, 

We are pleased to provide our first annual shareholder letter.  In 2018 we set the foundation for achieving our goal of creating a cross-border e-commerce trade platform with emphasis on Brazil and China. Our consistent and focused strategy has enabled us to accomplish the milestones referenced below:

• Opened an office in Hong Kong and retained the services of Mr. Wallace Lo who serves on our Advisory Board and acts as President of Business Operations in China. Mr. Lo is a Chartered Financial Analyst (CFA), an SFC registered representative, and serves as a Fund Manager for a licensed investment company in Hong Kong. 
• Incorporated HyperSoft Ventures as a wholly owned subsidiary which may host the cross-border e-commerce B2B platform and procure clients as an Application Service Provider (ASP).   
• Engaged Soles, Heyn & Company LLP as auditors to complete our audited financial statements as soon as possible and consider an up listing to OTCQB or other stock trading platform.
• Welcomed Dr. Wang-chan Wong as our lead Technical Advisor who now serves on our Independent Advisory Board and brings a wealth of expertise and technical understanding in the computer science sector. He holds an MS in Business and a Ph. D in Computer Science.
• Expected Q1 2019 launch of our multi-lingual, cross-border, Brazil-China, e-commerce trade platform referenced as BoaPin; its website is currently under development.
• Developed e-commerce platform solutions and features for our subscribers including: smart contracts, fintech, search/match applications, digital marketing, customs levies, blockchain solutions, taxation issues, advertising and others.
• Implemented our revenue model manifested through: 1) A monthly subscriber fee for basic functionality 2) Higher fees for premium functions; 3) Variable fee structure for marketing tools, product listing and advertising; 4) Transaction fees for collective products orders; and 5) Revenue sharing with platform partners such as banks, advertisers and logistics associates.
• Signed an agreement with a Brazilian Trade Organization where a portion of its 7,500 members may enlist as subscribers to BOAPIN.com.

Looking Forward
With this strong performance as a catalyst, we intend to maintain this pace to execute the launch of our e-commerce trade platform and achieve our corporate goals.

Our business plan includes further expansion into the commercial markets of Brazil and China with staffing, product and business development. We will continue to focus on initiatives that aggressively drive our business fundamentals.

Our appreciation is extended to all our partners, advisors, investors and shareholders for their current and continued support. We anticipate strong corporate results for 2019, markets permitting.

Sincerely,

Harrysen Mittler, CEO and Chairman of the Board                    Peter Pizzino, President

About Pacific Software
Pacific Software, Inc, (PTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is uniquely positioned to deliver B2B and B2C e-commerce blockchain solutions by utilizing IBM's Hyperledger Blockchain "Backend as a Service" (BaaS) Infrastructure. Its platform will improve product traceability and will digitalize the trade process, including product certification, marketing, logistics, trade finance, cross border payment solutions and customs clearance through smart contract technology for global supply chain management.

Forward Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Pacific Software. and are difficult to predict. Examples of such risks and uncertainties include but are  not limited to whether the Hyperledger blockchain technology solutions will be well received or utilized. Additional examples of such risks and uncertainties include, but are not limited to (i) Pacific Software's ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Pacific Software’s ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Pacific Software’s ability to successfully  expand in existing markets and enter new markets; (iv) Pacific Software’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Pacific Software’s business; (viii) changes in government licensing and regulation that may adversely affect Pacific Software’s business; (ix) the risk that changes in consumer behavior could adversely affect Pacific Software’s business; (x) Pacific Software’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Pacific Software with the Securities and Exchange Commission. Pacific Software anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Pacific Software assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:
Pacific Software, Inc.
Info@PacificSoftwareInc.com
(844) 513-0056

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