ELLIPSIZ ANNOUNCES KICK OFF INDUSTRY 4.0 - SMART FACTORY PROJECT

TORONTO, ONTARIO – NOVEMBER 16, 2018 – Ellipsiz Communications Ltd. (formerly NXA Inc.) (TSXV: ECT) (the “Company”) announced that it kicks off the Industry 4.0 – Smart Factory project for Dynamic Precision Industry Corp. (DPIC) (8928.TWO), together with its Korea partner Wizcore today.

Dynamic Precision Industry Corp. is a Taiwan-based company principally engaged in the golf club heads businesses. The Company mainly operates through three business segments. The Taiwan segment is mainly engaged in the manufacturing and distribution of golf club heads, the related operation businesses, as well as the research and development, manufacture and sales of high value-added products. The Japan segment is engaged in the import and export of golf paraphernalia and related products in Japan. The Germany segment is engaged in the import and export of golf paraphernalia and related products in Germany. The Company mainly distributes its products in domestic market and overseas markets, including the Americas, the rest of Asia and Europe.