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DealerSing

05/13/19 9:45 PM

#67849 RE: DealerSing #67848

Here is the full Saddle Ranch Media, Inc. shareholder update Press Release:
Message to Shareholders from CEO, Max C. Li
Our Work with T-Mobile Towards the Launch of our NB IoT Ambient Air Quality Product

Dear Shareholders, March 5, 2019

As many of you are aware, over the past year we have been working with T-Mobile in connection with our various IoT initiatives – and in particular with the development of our IoT Ambient Air Quality product. Until now, our Non-Disclosures Agreement with T-Mobile has limited our ability to inform you of our work in this area, but we have now received clearance to disclose at least a summary of the work that we have been doing together.

-We first engaged with T-Mobile’s IoT Team in February, 2018.
-We then extended this engagement with U-Blox for Narrow Band (NB) IoT module development in March 2018 and we began developing the NB IoT Ambient Air Quality Monitor with T-Mobile in April 2018.
-We successfully showcased the NB IoT Ambient Air Monitor to the public at the PARKS Associates IoT Conference in San Francisco in May 2018.
-We continued to test the effectiveness of our T-Mobile IoT Network system nationwide through November 2018 and in that month, we delivered 20 NB IoT Ambient Air Quality units to T-Mobile’s IoT Team for inspection.
-We successfully showcased, live, our T-Mobile/TriCascade NB IoT network system at the January 2019 CES show and received a very positive response. At T-Mobile’s request, we then engaged with Quectel NB IoT chipset factory for further enhancement. In addition, through our CES presentations we were able to discuss with Duke Energy for the possibility Tri Casade/T-Mobile IoT development projects.
-Last month, we submitted the application to T-Mobile for an exclusive 3-year wholesale NB IoT agreement.

We are scheduled to submit our final NB IoT PCle platform for certification and our proprietary multi- layer B2B Cloud System to T-Mobile in April 2019, and we continue to refine our NB IoT Air Quality Monitor with the plan to launch this into the consumer market by third quarter, 2019.

So, you can now understand that we have been working very diligently to add shareholder value by developing these groundbreaking IoT, internet independent, products.

I will continue to periodically share our exciting development news, as well as keeping you updated on our progress.

Respectfully,

Max C. Li.

$SRMX