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We believe that the blockchain industry is in its infancy and provides substantial growth opportunities.

SUMMIT BLOCKCHAIN ANNOUNCES THE HIRING OF ITS SENIOR FINANCIAL ADVISOR

Costa Mesa, California (December 20, 2018) – Summit Blockchain, Inc., (“Summit”) with offices in Costa Mesa and Los Angeles, California, is proud to announce the hiring of Noel DeWinter as its Senior Financial Advisor. Mr. DeWinter has over 40 years of both private and public accounting and finance experience within a number of different industries. Several of these industries include software, hardware, semiconductors, healthcare, and business/environmental services. Mr. DeWinter has worked with many early to mid-stage companies and has been instrumental in helping grow their businesses exponentially. He has served as CFO of FileLife, a private developer of file protection and control system products. He was also the CFO of Apollo Medical Holdings from 2008 until 2010. Apollo Medical (NASDAQ: AMEH) is a public healthcare company providing inpatient hospitalist services to various Southern California hospitals. Additional experience includes the CFO of Capital Pacific Homes and the same position at Wahlco Environmental Systems. Wahlco was an NYSE-listed public company during his tenure as CFO. Mr. DeWinter received his MBA from the University of Pennsylvania. “We are pleased to have someone with the extensive experience and knowledge as Noel to assist our company in its initial growth stage and beyond. He is a high caliber individual and him previously serving as the CFO of an NYSE public company should be extremely valuable to us going forward”, stated Tim M. Betts, the President of Summit Blockchain, Inc.