Dimension Five Technologies Inc. announced that, in connection with its proposed fundamental change transaction with Digital Cavalier Technology Services Inc. doing business as Youneeq, as described in press releases dated December 12, 17, and 18, 2019, effective January 17, 2020 it has terminated an app development agreement dated September 11, 2018 with Zimtu Capital Corp. Pursuant to the termination agreement, the parties agreed that: (a) all work under the Development Agreement in relation to the app was completed; (b) no further payment from Zimtu to the Company was required; and (c) that the Company could retain $50,000 in fees paid by Zimtu to the Company to date. In connection with the termination of the Development Agreement, the parties also terminated, effective January 31, 2020: (a) a licence agreement dated July 1, 2018 whereby Zimtu had granted to the Company a non-exclusive, non-transferable, non-sublicensable and revocable license to use the Zimtu App; and (b) a management services agreement dated March 11, 2018 whereby Zimtu had agreed to provide the Company with administrative and managerial services for a fee of $5,500 per month plus GST.