UPAY Inc. (“UPAY” or the “Company”), a technology-focused company with interests in fintech, compliance, software platforms and related digital services, announced the launch of the Petra Software website at www.petra.software.

The new website describes Petra Software's software development services and the markets in which it intends to operate. The launch forms part of UPAY's strategy to position Petra Software as a dedicated software development and technology partner serving the UPAY group and, over time, third-party clients in South Africa, the United States and other international markets. As of the date of this press release, Petra Software derives substantially all of its revenue from services provided to members of the UPAY group and has not entered into any material contract with a third-party client. There can be no assurance that Petra Software will attract third-party clients in any market or that any client engagement will generate material revenue.

Petra Software's team includes software architects, engineers and technology specialists who provide services in the areas of enterprise software development, fintech platforms, compliance technology, systems integration, cloud-based applications, mobile development and digital transformation.

The website describes the technology services Petra Software offers, including:

• Custom software development
• Enterprise application development
• Fintech and financial services solutions
• Automation
• Systems integration and API development
• Cloud architecture and infrastructure
• Mobile and web application development
• Software architecture and consulting
• Dedicated software development teams

The website also provides an overview of Petra Software's development methodology, technology stack and engagement models, and is intended to assist prospective clients in evaluating its service offering.

Jaco Fölscher, Chief Executive Officer of UPAY Inc., commented:

“The launch of Petra Software's website is a further step in executing our strategy following the establishment of Petra Software. It gives Petra an online presence and provides a platform from which we can engage directly with prospective clients seeking software engineering and technology development services. Based on management's experience in this industry, we believe there is demand for dedicated software development teams, and we intend to compete for that work.”