ADCORE officially launches its Toronto office to further accelerate north American growth

TORONTO, ONTARIO – July 25, 2019 – Adcore Inc. (the “Corporation”) (TSXV:ADCO) the parent
company of Podium Advertising Technologies Ltd. d/b/a ADCORE (“Adcore”), a leading provider of
machine-learning powered advertising technologies used by digital agencies and advertisers to enhance and
maximize their Search Engine Marketing (“SEM”) is pleased to announce the official launch of its Toronto
office including its sales and investor relations teams. The office will be located in downtown
Toronto, Canada. The facilities and staff are fully operating and will continue to grow in-line with Adcore’s
strategic plan for aggressive expansion in North America.

The Toronto office is led by Naor Golan, Adcore’s Head of Sales, who has substantial relevant experience
to Adcore’s business and a proven track record of excellence.

“Opening the Toronto office was a top priority after going public, and an important statement to our
investors. We wanted to make sure we had a strong operation in Canada with very impressive leadership
and overall talent,” said Omri Brill, CEO of Adcore. “Not only can we now easily serve the local market
in Canada, but also the entire North American region. The Toronto office will also serve an important
function with respect to investor relations and communications with our shareholders and the North
American investment community.” The Canada team will report to the CEO in the Corporation’s
organizational structure.

“The pool of Canadian-based talented resources from sales and account managers to engineering, is
strategic to the Corporation’s long-term plans as we continue to expand our North American operations.”
continued Mr. Brill.

As part of the Corporation’s communication strategy which will be managed from the Toronto office, the
Corporation has included a new and dynamic investor relations section in its website, adcore.com/investor.

ABOUT ADCORE
Adore is a leading provider of machine-learning powered advertising technologies. Adcore’s suite of
solutions empowers digital advertisers with automated solutions to enhance and maximize their Search
Engine Marketing (“SEM”). Adcore’s technologies are designed for in-house marketing professionals,
freelancers and advertising agencies to scale their SEM activity and maximize their ROI.

By combining extensive industry knowledge and experience with its proprietary artificial intelligence
(“AI”) engine, Adcore offers a unique SEM platform. In addition to being named numerous times on
Deloitte’s Fast 50 Technology list, Adcore is a certified Google Premier Partner.

Adcore serves hundreds of clients worldwide including: Digital Marketing Agencies, e-Commerce
Businesses, Travel, Financial Technology and Gaming Companies and its strength as an agile and leading
player in the industry has led to winning the largest online tender to date in Israel, a $27 million contract
with the Israel Government Advertising Agency.

Established in 2006 and majority-owned by its founder and CEO, Mr. Omri Brill, the Corporation employs
over thirty people in its headquarters in Tel Aviv, Israel and satellite offices in Melbourne, Australia,
Toronto, Ontario and Winnipeg, Manitoba.

For more information about Adcore, please visit https://www.adcore.com/investor

ABOUT QUESTRADE

Questrade, Inc., provides Canadians with high-speed, direct access trading in the U.S. and Canadian stock
and options markets through its IQ trading platforms. Questrade offers market making services on behalf
of TSX, TSX Venture Exchange, and Canadian Securities Exchange listed companies, providing liquidity
on the stock exchanges for shareholders.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Corporation.
Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”,
“anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these
words, or similar words or phrases, have been used to identify these forward-looking statements. These
statements reflect management’s current beliefs and are based on information currently available to
management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could
cause actual results, performance or achievements to differ materially from the results discussed or implied
in the forward-looking statements. These factors should be considered carefully and readers should not
place undue reliance on the forward-looking statements. Although the forward-looking statements
contained in this press release are based upon what management believes to be reasonable assumptions, the
Corporation cannot assure readers that actual results will be consistent with these forward-looking
statements. These forward-looking statements are made as of the date of this press release, and the
Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except
as required by law.

For further information please contact:

ADCORE INC.
Robert Munro, Director                                                              Omri Brill, CEO
Telephone: 888-448-4969                                                        Telephone: 647-497-5337
Email: rob.m@adcore.com                                                        Email: info@adcore.com

Website: www.adcore.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of
this release.