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Wednesday, 12/01/2021 10:36:52 AM

Wednesday, December 01, 2021 10:36:52 AM

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https://www.otcmarkets.com/stock/SOLS/news/story?e&id=2036390

Sollensys Enters into Merger Agreement to Acquire Celerit
PALM BAY, FL / ACCESSWIRE / October 29, 2021 / Sollensys Corp (OTC PINK:SOLS) ("Sollensys"), one of the first major cybersecurity companies built on blockchain technology, has entered into a merger agreement for the acquisition of Celerit Corporation and Celerit Solutions Corporation (together, "Celerit"), an IT services business with a world class customer success department serving the financial sector since 1985. The merger, and certain associated real estate purchases from Celerit affiliates, are expected to further Sollensys' mission to create a safe and immutable environment, in conjunction with Celerit, for the future of banking. The merger and related real estate purchases are expected to close within the next 60 days.

Sollensys believes that the anticipated Celerit acquisition will accelerate Sollensys' ability to integrate cybersecurity recovery into banking, one of our most important foundational and critical sectors.