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[The Rainmaker]

ValueSetters Announces Net Income of $212,149 for the Quarter Ended 10/31/17
Highlights:

Net income of $212,149 vs. loss of $161,297 in second quarter of previous year
307% increase in revenues
Operating loss reduction of 45%
Gain on debt settlement of $312,259
Working capital improvement of $1,783,563 since fiscal year-end
BOSTON, MA -- December 14, 2017 -- InvestorsHub NewsWire -- ValueSetters Inc. (OTC:VSTR) announced earnings of $212,149 for the second quarter of fiscal 2018. "We are pleased with the progress we have made in such a short time," said Cecilia Lenk, CEO. "In the two months that the full management team has been in place, we have been able to grow revenues by over 300%, report positive net income, cut our operating loss in half, restructure our debt, significantly improve our working capital position, and acquire a 20% stake in AthenaSoft, which should allow us to expand our technology consulting practice. We successfully negotiated a modification to the loan agreement with our largest shareholder that included an extension of the maturity date to October 31, 2020 and a reduction in the per annum interest rate from 8% to 1.25%. Since this occurred on the last day of the period, the full effect of this action will not be felt until the third quarter, at which point, the reduction in interest expense should be significant. At the same time, our relationship with Netcapital, a leading internet funding portal, has allowed us to build a steady pipeline of new clients, and we remain cautiously optimistic about our future growth prospects."

For additional disclosure regarding operating results, please refer to the Quarterly Report on Form 10-Q for the period ended October 31, 2017, which has been filed with the Securities and Exchange Commission.

About ValueSetters:

Led by a team of professional investors and technology specialists, ValueSetters is a publicly- traded boutique advisory firm with unique expertise in helping early stage companies raise capital over the internet. The company also provides technology consulting services as well as strategic advice to help companies grow and evolve to meet the challenges of today's marketplace. For more information, visit our website at http://valuesetters.com.

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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VALUESETTERS:
Coreen Kraysler, CFA
CFO
339-368-8100
[e-mail]