YANGAROO AND THE JUNO AWARDS RENEW MULTI-YEAR AGREEMENT

TORONTO, CANADA – October 23, 2017 – YANGAROO Inc. (TSX-V: YOO, OTCBB: YOOIF), the industry’s leading secure digital media management and distribution company, today announced the signing of a multi-year renewal with The Canadian Academy of Recording Arts and Sciences (CARAS), the organization behind the JUNO Awards. YANGAROO will continue to provide its digital awards management platform, which is powered by the company’s patented Digital Media Distribution System (DMDS), a platform that streamlines every aspect of awards show management. The JUNO Awards are presented annually to Canadian musical artists and bands to acknowledge their artistic and technical achievements in all aspects of music.

The 47th Annual JUNO Awards will be broadcast on CBC from the Rogers Arena in Vancouver, B.C. on March 25th, 2018, with JUNO Week celebrations running from March 19 – March 25, 2018.

“CARAS is pleased to continue providing our submitters and voting members with the industry’s leading awards management platform,” said Allan Reid, President & CEO of CARAS, The JUNO Awards and MusiCounts.

“The JUNO Awards was our first Awards client and was helpful in developing the platform we provide today, which has quickly become the standard for awards show management in North America. We couldn’t be happier that CARAS has made the decision to continue with us on a multi-year basis,” said Adam Hunt, SVP Entertainment of YANGAROO Inc. “The fact that the vast majority of our Awards clients have also signed multi-year agreements is an endorsement for the quality, reliability and ease of use of our services.”

The JUNO Awards and more than 16 other major awards shows now rely on YANGAROO technology, including The GRAMMYS, The Latin GRAMMYS, The Emmys (Daytime, News and Documentary, and Sports), The Golden Globes, The Tony Awards, The Academy of Country Music Awards, The MTV Video Music Awards (VMAs), The BET Awards, The Canadian Screen Awards, The BET Hip Hop Awards, and The Soul Train Awards.

About YANGAROO:

YANGAROO is a company dedicated to digital media management. YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America’s major awards shows.

YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF. For further information, please contact Gary Moss at 416-534-0607 ext.111 or visit www.yangaroo.com.

About CARAS:

The Canadian Academy of Recording Arts and Sciences/L’académie canadienne des arts et des sciences de l’enregistrement (CARAS) is a not-for-profit organization created to preserve and enhance the Canadian music industry and to contribute toward higher artistic and industry standards. The main focus of CARAS is the exploration and development of ongoing opportunities to showcase and promote Canadian artists and music through vehicles such as The JUNO Awards, MusiCounts, the Canadian Music Hall of Fame and other year-round initiatives. For more information on the 47th Annual JUNO Awards or The Canadian Academy of Recording Arts and Sciences (CARAS) please visit www.junoawards.ca.

For YANGAROO Investor Inquiries:

Gary Moss
Phone: (416) 534-0607 ext.111
gary.moss@yangaroo.com

For more information on the JUNO Awards or interview requests, please contact:

Zai Karim, rock-it promotions, zai@rockitpromo.com, 416.656.0707 ext. 127
Nicole Amiel, rock-it promotions, nicole@rockitpromo.com, 416.656.0707 ext. 118

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.

Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the technology industry. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.