VANCOUVER, BC, March 6, 2024, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that its digital ticketing technology will be utilized to support the 36th Annual ROTH Conference on March 17-19, 2024, at The Ritz Carlton, Laguna Niguel, located in Dana Point, CA. The annual ROTH Conference provides an exceptional platform for institutional investors to connect with executive management from an array of public and private growth companies. The well-curated environment ensures that investors can efficiently identify and assess companies that align with their investment goals as part of staying ahead in the dynamic landscape of growth investing.

Through Fobi’s wallet pass technology, attendees can conveniently download their conference credentials to their Apple or Google wallet, providing a streamlined and digital process for guest registration and check-in. With Fobi's SmartScan software, which is compatible with any mobile device, organizers can quickly and efficiently scan attendees’ passes upon arrival. Through the wallet pass, ROTH Conference organizers can also send regular updates to attendees before, during, and after the conference, enabling a direct means of communication for delivering valuable information such as activity itinerary, sponsorship shoutouts, live event updates, reminders, and post-event communications. 

Rob Anson, CEO of Fobi AI, states: “We are excited to collaborate with groups that are eager to undergo digital transformation and optimize their operations. The ROTH Conference presents a valuable opportunity for us to demonstrate our technology in action to a strategic audience consisting of influential capital market players. This mutually beneficial scenario allows us to showcase our capabilities and create a positive impact.”

MORE ABOUT THE 36TH ANNUAL ROTH CONFERENCE

This year's ROTH conference will showcase senior executives from approximately 500 public and private companies across a wide spectrum of sectors, including Consumer, Technology and Media, Sustainability and Industrial Growth, Agtech, Energy, Metals and Mining, Healthcare, Services, and Insurance. Structured to promote interaction and networking, the conference format includes 1-on-1 and small group meetings, analyst-selected fireside chats, thematic industry panels, and live entertainment.

Well recognized throughout the small-cap space, the ROTH MKM’s annual conference series is known for emphasizing business friendships, networking, entertainment, and charitable activities.

Sagar Sheth, CEO of ROTH MKM, remarked, "The annual ROTH Conference is a cornerstone event, and attendees are benefiting even more from the combined expertise of MKM’s recent integration. This month’s conference will be an essential gathering for companies and experienced investors across a myriad of sectors, promising rich opportunities for networking, insights, and growth.

The funds raised through the Challenged Athletes Foundation (CAF) and ROTH MKM partnership this year will be used to support rising stars on their journey to the Summer Paralympics in Paris. To date, ROTH has raised over $1.7 million for CAF. For registration and donation information, visit http://support.challengedathletes.org/roth.

This is an invite-only conference. Registration is subject to approval.

If interested in attending, please submit a registration request using this Register Link or contact your ROTH MKM Representative.

For more information about the 36^th Annual ROTH Conference, including the list of participating companies, please visit: https://www.roth.com/oc2024

IBN profiles share additional perspectives on the participating companies.

This press release is available on the Fobi website.

To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page.

In addition, The Company announces it has granted incentive options to purchase up to 400,000 common shares in the capital of the Company (the "Options") at a price of $0.09 per common share to an officer of the Company. The Options are granted pursuant to the Company’s Stock Option Plan and in accordance with the policies of the TSX Venture Exchange, and vest 25% at March 31, 2024; June 30, 2024; September 30, 2024; and December 31, 2024 and expire on March 5, 2029.

About ROTH MKM

ROTH MKM is a relationship-driven investment bank focused on serving growth companies and their investors. Our full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH MKM is a privately held, employee-owned organization and maintains offices throughout the U.S. For more information on ROTH MKM, please visit www.roth.com.

About Fobi

Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale.

Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada's hospitality & tourism industry. 

On behalf of the Board of Directors of the Company

“Rob Anson”

Chief Executive Officer and Director

For more information, please contact:

This news release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi's business and technology; the ability of Fobi to engage with industry participants to achieve its goals; the development of Fobi's technology; and the viability of Fobi's business model. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fobi's control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated, or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity, or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Fobi does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Fobi should be considered highly speculative. There can be no assurance that Fobi will be able to achieve all or any of its proposed objectives.

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 accuracy of this release.