FTI Foodtech International Inc. (TSXV: FTI) ("FTI" or the "Company") today announced that after negotiations, the Company and MoneyLine Sports Inc. (“MoneyLine”), based in Ontario, were unable to reach a definitive agreement. No further negotiations are anticipated.

ON BEHALF OF THE BOARD OF DIRECTORS

William Hullah, PresidentT : (416) 444-1058E : info@fti-foodtech.com

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