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Re: HJ72 post# 220

Tuesday, 11/24/2020 10:17:11 AM

Tuesday, November 24, 2020 10:17:11 AM

Post# of 450
Waterloo, Ontario - TheNewswire - November 23, 2020, SponsorsOne Inc., (CSE: SPO) (Frankfurt: 5SO), (OTC:SPONF) A company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding and operational & funding capital, giving it a competitive first mover advantage in rapidly building, launching and selling proprietary brands focused in the craft Alcohol, Functional Beverage and Cannabis Sectors, today announced that it has added Wit Ostrenko to its Board of Directors as an Independent director. In addition to his regular board duties, Mr. Ostrenko will be chairman of the Company's compensation committee and a member of the audit committee.

From 1990 to 2014 Mr. Ostrenko served as President and CEO of the MOSI Science Center in Tampa, Florida, and was responsible for board development, strategic planning and fundraising. During his tenure, Mr. Ostrenko oversaw $120 million USD in capital raises and grew MOSI to 73 acres, 318,000 square feet of facilities including is primary science center, IMAX theater, charter school, NASA sponsored lunar colony and children's science center. Mr. Ostrenko guided the development of MOSI to the 6th largest Science Center in the United States. Mr. Ostrenko also served at the President of the International Association of Science and Technology Center ("ASTC") serving over 500 institutions in nearly 50 countries. In his role as ASTC President, Mr. Ostrenko traveled worldwide in support of ASTC member institutions and their critical role in supporting education in science and technology.

Mr. Ostrenko said: "I am excited to join the SponsorOne team to see, firsthand, how the Company continues to leverage technology to disrupt traditional methods of marketing, distribution and brand building. To put online tools into the hands of individuals and compensate them to support their favorite brands, is an amazing and unique approach in these uncertain times.

Myles Bartholomew, CEO of SponsorsOne, added: "Wit's lifelong work with high net worth individuals and government entities to strategically plan to support education in science and technology, brings a very unique set of skills and perspective to our board of directors".

Additionally, the Board of SponsorsOne and the management team wishes to thank Mr. Stephen Barley for over 5 years of service as an independent director and has formally accepted his resignation.

About SponsorsOne Inc.