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Converge Technology Solutions Announced as Red Hat Apex Partner

FOR IMMEDIATE RELEASE

August 27, 2019 – TORONTO, ONTARIO, CANADA – Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSXV:CTS)  (FSE:0ZB) (OTCQX:CTSDF) is pleased to announce that the Converge family of companies have been named as Red Hat Premier Partners, and have been selected by Red Hat, Inc. to join their Apex Partner Program. As part of Red Hat’s partner ecosystem, Converge has demonstrated that it is an expert business partner with a significant focus on Red Hat related projects. Red Hat Premier Partners are well trained and highly committed to working closely with Red Hat on business opportunities.

As a member of the program, Converge will leverage new and innovative technologies that enable clients to achieve business goals that require the implementation of cloud services. In order to become a member of the Apex Partner Program, a company must support clients across the three pillars of Red Hat’s business: hybrid cloud infrastructure; cloud-native development; and automation and management. Collectively, with more than 2,300 individual partner certifications across such solution areas, Red Hat Apex Partners are enabled to become trusted advisors to customers along their business transformation journey.

“Converge is well positioned to roll out Red Hat’s multi-cloud enabling solutions across North America,” said Shaun Maine, Chief Executive Officer of Converge. “Our relationship with Red Hat has been heavily influenced by our acquisition of Lighthouse and Greg Berard’s outstanding work in growing Lighthouse’s Red Hat revenue in 2018. As President of Converge, Greg Berard has been tasked with advancing the Company as a software enabled Hybrid IT Provider.”

Mr. Maine continued, “We have already witnessed Red Hat contribute a growing portion of our software revenue base, and we expect this collaboration to add to that base moving forward. As we continue to help businesses along their cloud journey, the Red Hat Apex Partner program will play a key role in allowing our customers to enable multi-cloud solutions through Ansible and OpenShift regardless of their cloud platform.”

Martin, Vice President of North America Partner Sales added, “Red Hat’s partner ecosystem is a vital component in delivering powerful, flexible and open solutions, to global enterprises. We’re pleased to have Converge as an Apex and Premier Business Partner, and look forward to delivering open innovation to our joint customers with them.”

About Converge

Converge Technology Solutions Corp. combines innovation accelerators and foundational infrastructure solutions to deliver best-of-breed solutions and services to customers. The Company is building a platform of regionally-focused Hybrid IT Solutions Providers to enhance the ability to provide multi-cloud solutions, blockchain, resiliency, and managed services, enabling Converge to address the business and IT issues that public and private-sector organizations face today. For more information, visit https://www.convergetp.com.

For further information contact:

Mary Anne Palangio                                                                       Virtus Advisory Group
Chief Financial Officer                                                                    Shareholder Inquiries
Converge Technology Solutions Corp.                                         Email:   converge@virtusadvisory.com
Email:  investors@convergetp.com                                              Phone:  416-644-5081
Phone:  416-360-1495

Forward-Looking Information

This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation regarding Converge and its business. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected” “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”. “estimates”, “believes” or intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Except as required by law, Converge assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.  The reader is cautioned not to place undue reliance on forward-looking statements.

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.

Red Hat, the Red Hat logo Ansible and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

Converge Technology Solutions Corp.Converge Technology Solutions Announced as Red Hat Apex Partner
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