Credissential Integration of Privy Wallet into Antenna

Calgary, Alberta / January 29, 2025 – Credissential Inc. (“Credissential” or the “Company”) (CSE: WHIP) (OCT: IPTNF) (FSE: 9YZ), a vertically integrated AI software development company, today announced, further to its press release disseminated on January 3, 2025, the Company has begun integrating Privy Wallet into its Antenna platform (www.antennatransfer.io) (the “Integration”). Once fully complete, the Integration is expected to provide Antenna users with the ability to send and receive cryptocurrency payments quickly, securely, and efficiently. The Company expects the Integration to be completed in February 2025. 

Antenna, Credissential's secure payment and file transfer platform, is designed to ensure privacy and security in digital transactions. By integrating the Privy Wallet, Antenna users will gain access to a comprehensive cryptocurrency wallet solution, allowing them to manage a wide range of digital assets directly within the platform.

"We are excited to announce that we have started integrating Privy Wallet into Antenna," said Colin Frost, CEO of Credissential. "This planned integration provides our users with a seamless and secure way to pay and receive crypto, further enhancing Antenna's capabilities as a leading platform for digital transactions."  

The integration of the Privy Wallet into Antenna offers several expected benefits to users:

·      Simplified Crypto Payments: Users will be able to easily send and receive cryptocurrency payments directly within the Antenna platform, eliminating the need for outside wallet applications.

·      Enhanced Security: Privy Wallet's security features, combined with Antenna's existing security measures, including quantum encryption, is expected to ensure the safety and integrity of users' crypto assets.

·      Seamless Integration: The Privy Wallet will be integrated into Antenna's existing interface, providing Antenna users a friendly experience for managing both fiat and crypto transactions.

This integration aligns with Credissential's commitment to innovation and providing cutting-edge solutions that meet the evolving needs of its users. The Company's recent quantum security initiatives further demonstrate its dedication to security and data protection. Credissential previously announced its intention to integrate post-quantum cryptography into its Antenna platform, which was recently completed and is now live on the Antenna platform.

Credissential's planned integration of the Privy Wallet into Antenna is a testament to the Company's forward-thinking approach and its commitment to providing users with the most advanced and secure payment and information transfer solutions. As noted herein, the Integration is expected to be completed in February 2025. The Company does not anticipate the costs of the Integration to be material, as the Integration relies on already developed APIs by Privy Wallet. The Company does not expect for there to be any gating items or issues preventing the Integration at this time.

Option Agreement

The Company is also pleased to announce that it has entered into an option agreement with Platform Technology Solutions LLC (the “Optionee”), whereby, the Optionee has the option to purchase international rights (excluding Canada) to the Antenna intellectual property for C$200,000 and Canadian rights for an additional C$100,000 (the “Option”). The Optionee is a private company based in the United States. The Optionee may exercise the Option at any time over the course of the next 90 days (the “Option Period”). The Option Period may be extended by an additional 90 days for C$10,000 and a subsequent 90 days for C$10,000.

Colin Frost, CEO of Credissential stated: “Entering into the Option demonstrates significant strategic value to Credissential Inc., as it highlights the maturity of Antenna Transfer as both a developed product and a proof of concept. We are committed to continuing to develop Antenna Transfer during the Option Period, and excited for a future relationship with Platform Technology Solutions LLC.”

RSU Issuance 

The Company also announces the issuance of 250,000 Restricted Share Units ("RSUs")of the Company to a consultant pursuant to its RSU Plan adopted by the shareholders on February 23, 2024. The RSUs will vest immediately and are subject to a four month and one day hold period.

About Privy

Privy is a powerful authentication and key management platform that securely onboards, activates, and manages users at scale. With flexible wallet infrastructure to securely manage user bases, Privy offers out-of-the-box user infrastructure and bare-metal wallet infrastructure for deeper control, making it a trusted partner for industry leaders.

About Credissential

Credissential is an AI powered financial services software developer, currently focused on the development and commercialization of its flagship products, Credissential, Dealerflow and Antenna.

For more information about Credissential and other products from Credissential, visit www.credissential.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Chief Executive Officer            Colin Frost

Head Office                              2004 Sherwood Drive, Sherwood Park, AB T8A 0Z1

Telephone                                +1 (236) 513 4776

Email                                        info@credissential.com  

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-Looking Information 

Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release.

Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.  Forward-looking statements in this news release include, but are not limited to, the planned integration of Privy Wallet into Antenna, development roadmap plans and timelines, the expected development timeline for its product stack, including integration of new features and the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Corporation’s Management Discussion and Analysis, which can be found on SEDAR+at www.sedarplus.ca.