Moovly Media Inc. (MVVYF)

[H8ster]

Moovly signs reseller partner agreement with SFA Dubai

Moovly signs reseller partner agreement with SFA Duba

VANCOUVER, CANADA — (June 23, 2021) Moovly Media Inc. (TSX VENTURE: MVY) (OTC PINK: MVVYF) (FRANKFURT: 0PV2) (“Moovly” or the “Company”) is pleased to announce that it has signed a reseller and partnership agreement with UAE based SFA Dubai.

SFA Dubai is specialized in business support and market access services focusing on Arabic speaking countries e.g., United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Egypt.

SFA accelerates international client access across several industries in gulf region with more than three decades of expertise and offices in both Dubai and Cairo.

Their business can be summarized under three main categories:

1 financial advisory in both Islamic & conventional finance;
2. market access ;
3. and business support.

Through this business relationship Moovly is working with Ms. Janina Shen (SFA’s Dubai Team leader) and the Global Schools Program, an initiative of the United Nations Sustainable Development Solutions Network (SDSN) with 170 advocates / educators in over 70 countries.

SFA Managing Partner Amr Arafa said “Together, working with Moovly as one team, we will unlock the full potential of visualized presentations, which will place everyone on the best path for success in the digital era.”

Moovly CEO Brendon Grunewald said, “Through the partnership with SFA Dubai, Moovly has gained a partner to help accelerate our sales and market presence in the GCC countries and assist with localization like language and cultural adaptations – especially given the recent growth in demand for our platform in Arabic.”

The Company also announces that it has granted an aggregate of 2.5 million incentive stock options to directors and officers of the Company at an exercise price of $0.45, and has granted an additional 1.1 million incentive stock options to certain employees of the Company at an exercise price of $0.185. All of the stock options granted are exercisable for a period of 5 years and subject to regulatory approval.