NEWS RELEASE

RENO, NV – December 19th, 2018 – ECXTECH Inc. (the “Company”) https://condotto.com announces that it has signed a technology partnership agreement to create a structured alliance between the ECXTech, Inc. and Cycle.io, Inc. This partnership is expected to directly benefit ECXTech’s flagship product Condotto by providing powerful containerization tools for provisioning and monitoring secure private clouds via Cycle.io.

Cycle’s platform makes it easier to manage complex applications at scale. The Condotto team is able to focus on building its platform rather than managing infrastructure, networks, and deployment strategies. Using Cycle’s stacks functionality, Condotto can now build a set of container images that can be redeployed any number of times so that each customer has a fully customizable storefront that exits at their own domain, which also helps with stability.

Behind the scenes, Condotto plans to utilize Cycle’s API and Pipelines to push new versions of Condotto live without any downtime while also ensuring an immediate rollback/failover process in case something unexpected happens.

“This new technology partnership opens up new opportunities for both Cycle and Condotto. We are elated to have a secure and powerful containerization solution that Condotto deserves.” Ryan Cullins, CEO - ECXTECH, Inc.

For additional information contact: Ryan Cullins, CEO, ECXTECH Inc., 

at (888)730-7809 or ryan.cullins@ecxtech.io 

About Us

ECXTECH, Inc (A Nevada Corp) - ECXTECH's mission is to open an online marketplace for both sellers and buyers using patent-pending distributed ledger technology. At ECXTECH we believe there should be an online marketplace that is truly open and fair – a platform where anyone can compete and are empowered to succeed. Our flagship product, Condotto, is that platform. Condotto expects to connect sellers with buyers directly -- without becoming the middle-man. Condotto, meaning conduit, streamlines the marketplace and is an ideal tool for small and medium-sized businesses, brand influencers, manufacturers and suppliers, i.e., everyone.

Cycle.io is the ultimate platform for infrastructure management and container orchestration. From startups to large established companies, businesses of any size can use Cycle as a single control panel to simplify the deployment and management of their containers with a multi/hybrid cloud strategy. Launched in February 2018 and located in Reno, NV, Cycle.io has already seen businesses from e-commerce startups to large development agencies begin utilizing its platform for simplifying their deployment processes while simultaneously modernizing their infrastructure. Cycle is a member of The Linux Foundation as well as the Open Container Initiative. Cycle.io is a subsidiary of Petrichor, Inc.

THIS PAGE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

SOURCE ECXTECH

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Condotto | ECXTech has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Condotto | ECXTech be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

We are excited to announce that Condotto is being featured on Betalist! Check out how our company is changing the landscape for buyers and sellers online by using the power of the sharing economy. Please take a few moments to like our page on Betalist below.

https://betalist.com/startups/condotto

Thank you!
-The ECXTech Team

The team at ECXTECH would like to thank our investors for their ongoing support and are pleased to announce that we have elected to extend our offering. Rest assured that the application of our technology maintains the same focus as it once did, now with a more digestible approach crafted for a wider audience. We felt this was a great opportunity to build a more refined pitch around our platform and explain the true power of the ecosystem. We encourage our followers to review the updates to our offering page.

Thank you for your ongoing support,

Ryan, Brian, and the entire ECXTech team

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Condotto | ECXTech offering. Here's an excerpt describing the specifics of the change:

ECXTECH has extended the end date of their offering and made updates to their campaign page.

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Condotto | ECXTech has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Condotto | ECXTech be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

What is Condotto? Is it anything like Amazon, Shopify, Alibaba, Etsy, etc.?

• Yes, we expect Condotto to be an e-commerce platform like these well-known options, but Condotto does what multiple competitors do on a single platform. Condotto also addresses numerous shortcomings in their respective e-commerce ecosystems. 

I use Amazon, Shopify, Alibaba, Etsy, etc. to buy products and I typically don’t have any significant problems/issues. What problems/issues does Condotto solve?

• E-Commerce platforms look to make sure that consumers have a great experience. Most of these consumers don’t care what goes on behind the scenes and Condotto plans to address these problems. Condotto plans to offer the added advantage of buying and selling anything -- goods, services, and digital inventory.

• E-Commerce platforms are typically be categorized in two ways, large distribution (e.g., Amazon) and dropshipping solutions (e.g., Doba).

What exactly is dropshipping?

• Dropshipping is a retail-fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.

What are some problems/issues with large distribution platforms?

Some problems with today’s large distribution platforms (Amazon, Shopify, etc.) for merchants: 

• Merchants may not always own their customer sales data -- When merchants do not have access to customer data from the distributor this is a detriment to growing and improving one's business.
• Solution: With Condotto, inventory owners and commissioned sellers are expected to own their data.

• Distributor bullying tactics -- Merchants who become reliant on large distribution platform sales can be bullied into selling their product cheaper or risk jeopardizing that relationship with any said distribution partner.

  Solution: Having access to Condotto’s global sales force. Since any commissioned seller on Condotto can choose to sell the item for any inventory owner. We expect that this will nearly eliminate the need for a single large distribution entity and also helps to mitigate the risks, instead of having just one large platform in control.

• The distributor ultimately controls the merchant's bottom line which can devalue the merchant's product perception.

  Solution: With Condotto, we expect when Inventory suppliers dictate the price and the item listing, they keep the bottom line from being hijacked and undercut by a commissioned seller. Only owners of the inventory can alter this.

At the end of the day, large distribution platforms are great for consumers by making merchants sacrifice their profit margins and control, to maintain their extensive consumer audience.

What are some problems/issues with dropshipping platforms? And how does Condotto help?

Some problems and solutions with today’s dropshipping platforms (Oberlo, Doba, etc.) for merchants and consumers:

• Problem: We believe consumers pay elevated prices. In order for merchants to be able to make any profit at all they must mark up the item they are trying to dropship. This forces consumers to pay more for the same item that could be offered directly from the dropshipper. 

  • Solution: Condotto plans to use a new approach to dropshipping where markups are no longer necessary since the same item is being sold from the inventory owners and the commissioned sellers. The inventory owners just pay a marginal percentage in commission to the commissioned sellers for selling the item, this also maintains the same price for the consumer.

• Problem: We believe merchants “compete with the hand that feeds them.” Since merchants are selling the same inventory dropshippers can sell themselves, they might never have a better or equivalent price. Hence the need for markups in typical e-commerce ecosystems.

  • Solution: With Condotto, we plan to let commissioned sellers sell on behalf of the inventory owners, meaning that pricing is the same between both because dropped items prices cannot be altered by those who did not list the inventory item originally.

Generally, we believe merchants have a lot of competition for the same product. Since other dropshipping platforms pick their inventory partners and determine what can and can’t be dropshipped, they may limit the variability of everyone’s stores creating stiffer stale competition.

• Condotto looks to decentralize the world's inventory using its patent-pending global inventory system. This allows anybody to add almost any imaginable inventory item to the global inventory system and then can be bought or sold by anyone.

• Condotto plans on making it easy for any commissioned seller to list any inventory owners items for sale with little to no vetting process. 

• With Condotto’s planned dropshipping solution, there is a greater chance of having public inventory available to sell since inventory owners and commissioned sellers are incentivized to work together.  

 What excites you most about bringing Condotto to the market?

• Self-empowerment. Condotto empowers entrepreneurship like Uber, Twitch, etc.

• Makes the American dream possible. You can start a business without needing a physical inventory to sell. 

• Low barriers of entry. There’s no need for large amounts of seed capital. 

• Social media integrations. You can leverage your social connections to drive business.

What is your market penetration strategy?

• We plan on soliciting brand influencers, bloggers, affiliates/partners & their respective inventory suppliers.

  • Cosmetics (makeup, products, etc.)

  • Services (massages, cleaning, etc.)

What are some example use cases for Condotto?

We expect anyone with:

• Little to no starting capital: Has nothing, no experience (work from home business).

• Medium starting capital: Some experience, Mom & Pop stores, Brick & Mortar, small chains.

• Large starting capital: Lots of experience, Already owns a substantial amount of inventory.

For example: Let’s say, hypothetically, one of these large Brick and Mortar chains that are shutting down this year due to consumers' lack of interest in visiting retail stores to buy the things they need. This large chain could use Condotto to sell their supply right from their warehouses without retail store and dropship directly from their warehouses. Creating a new more competitive online presence.

How does Condotto generate revenue?

• We plan to take a nominal fee on every transaction via our payment processor. We believe this will be the least invasive way for Condotto to generate revenue without affecting the way people do businesses.

• Advertisements.

• A variety of optional merchant subscription tools to help business growth.

 All content within this Q&A is subject to change as the platform is currently in the development stage.

TechCrunch Disrupt San Francisco 2018 - Recap

Hi Everyone!

The founders of ECXTECH would like to thank all attendees, vendors, and investors who stopped by our booth to meet the team and learn more about how Condotto plans to revolutionize the e-commerce space. The team couldn’t be happier with the overwhelming success of the show, connecting with potential investors, partners, inventory suppliers, and consumers who are just as excited about Condotto's future as we are.

Stay tuned for Condotto’s new strategic partnerships and post-tradeshow Q&A.

Thank you for your ongoing support,

Ryan, Brian, and the entire ECXTech team

Hi Everyone!

We're delighted to announce that the executive team will be official exhibitors at Tech Crunch's Disrupt San Francisco 2018. 

If you are coming as another founder, investor, or techie, come and meet us on September 5th from 9 am - 5 pm @ Startup Alley with any questions you may have or just to stop by and learn more about Condotto.

We look forward to seeing you there!

Sincerely, 

Ryan, Brian, and the entire ECXTech team

Hi Everyone!

We’re delighted to announce that as of now, anyone can invest in our company using Bitcoin as a form of payment! 

However you’re able to invest, we thank you!

We’re grateful to everyone who believes in our project and has already made an investment and we appreciate your help in spreading the word. 

Thanks again, Ryan, Brian and the entire ECXTech team

Hi Everyone! 

We've only just begun and we’ve reached a critical milestone: $10,000 +. That means our funding round will be successfully closed regardless of the final total shares sold. We are thrilled!!

We want to thank all our investors, friends, and associates who believe in our project and made their investment so early. Your confidence and early investment gives our public offering the momentum to seek more investors and make the most of the entire offering period.

Over the next few days and weeks we will be reaching out to larger and larger audiences to introduce them to our investment opportunity, so keep coming back to see how our campaign grows. And by all means, spread the word.

Sincerely, 

Ryan, Brian and the entire ECXTech team

 ECXTECH aims to level the playing field through innovative online marketplace

RENO, Nev., Aug. 14, 2018 /PRNewswire/ -- A little-known startup gained immediate traction through the crowdfunding platform StartEngine when it launched its crowdfunding campaign earlier this month. ECXTECH is building a decentralized e-commerce platform and aims to bolster brick-and-mortar businesses by rethinking the online marketplace.

Its platform is called Condotto, meaning conduit, and plans to change the landscape of e-commerce by reducing barriers for both sellers and buyers by using patent-pending distributed ledger technology. Using patent-pending distributed ledger technology, the project expects to create the world's largest "global inventory management system." This system will allow the sale of goods, services and digital inventory. Any merchant or supplier with the ability to dropship will be able to use Condotto.

"Our goal is to provide a platform where sellers and buyers can connect directly through a web of socially connected, user-generated virtual storefronts, where users can list services, products or anything else they would like to sell," says Ryan Cullins, CEO of ECXTECH.

The Condotto team launched its StartEngine campaign to give access to ownership in the company to anyone interested in investing in practical blockchain technology companies ready to solve real problems. Investors can also use bitcoin to invest.

StartEngine is a crowdfunding site with a mission to "help entrepreneurs achieve their dreams by providing democratized access to capital." For details about the fundraiser and terms of investment, visit the company's campaign page at www.startengine.com/ecxtech. F

About ECXTECH

ECXTECH's mission is to open an online marketplace for both sellers and buyers using patent-pending distributed ledger technology. At ECXTECH we believe there should be an online marketplace that is truly open and fair – a platform where anyone can compete and are empowered to succeed. Our flagship product, Condotto, is that platform. Condotto expects to connect sellers with buyers directly -- without becoming the middle-man. Condotto, meaning conduit, streamlines the marketplace and is an ideal tool for small and medium-sized businesses, brand influencers, manufacturers and suppliers, i.e., everyone. 

THIS PAGE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

SOURCE ECXTECH