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Ellipsiz Communications Ltd. Announces Grant of Stock Options

TORONTO, ONTARIO — (Marketwired) — 12/22/16 — Ellipsiz Communications Ltd. (formerly NXA Inc.) (TSX VENTURE: ECT) (the “Company” or “ECL”) wishes to announce that an aggregate of 9,683,312 options to purchase common shares of the Company at $0.055 share for one (1) year have been granted to the three (3) directors of Ellipsiz Communications Taiwan Limited, the wholly-owned operating subsidiary of the Company including one individual who is also a director and officer of the Company.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Grant Sawiak
416-917-2816

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