Martello Technologies Group Inc., ('Martello' or the 'Company') (TSXV:MTLO), a developer of enterprise digital experience monitoring ('DEM') solutions announced today that Antoine Leboyer, the former CEO of GSX has been appointed to the Company's Board of Directors, subject to TSXV approval.

There will now be 9 directors on Martello's board, with co-founder Niall Gallagher having retired in September 2020.

Prior to its acquisition by Martello, Mr. Leboyer was the CEO of GSX for 13 years. In this role, he successfully led the company's strategic shift from a focus on the IBM market to address the burgeoning market for Microsoft 365 end user monitoring solutions. After growing GSX to over $6M in revenues, Martello acquired the business in May 2020 to enter the Microsoft 365 market and create a DEM market leader. Mr. Leboyer holds a Master's degree in electrical engineering from France's Centrale-Supelec and an MBA from Harvard Business School. Mr. Leboyer has co-authored a book entitled Building Routes to Customers: Proven Strategies for Profitable Growth, is a TEDx speaker, and a board member of the Geneva Liberal Synagogue. 'I'm delighted to welcome Antoine to Martello's Board of Directors', said John Proctor, President and CEO of Martello. 'Having worked closely with Antoine for close to a year, I'm confident that his expertise in enterprise software, synthetic transactions and the Microsoft ecosystem will be invaluable to Martello as the Company scales to become a dominant digital experience monitoring player'. Co-Chairman of the Martello Board of Directors Terry Matthews also highlighted Mr. Leboyer's expertise: 'Antoine will be an excellent addition to the Martello board of directors, and I welcome him to the team', said Mr. Matthews. 'His strong foundation in technology and business development, combined with his executive leadership in driving GSX growth through shifting markets, will be key assets for Martello'. 'I'm very happy to be joining Martello's board of directors, continuing the journey to DEM market dominance with Martello', said Mr. Leboyer. 'I'm pleased to share what I've learned over more than 13 years building an enterprise software business, with the support of an accomp

About Martello Technologies Group

Martello Technologies Group Inc. (TSXV: MTLO) is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications, while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end user experience monitoring and IT service monitoring and analytics. Martello Technologies Group is a public company headquartered in Ottawa, Canada with offices in Amsterdam, Geneva, Nice, Paris, Dallas and New York. Learn more at http://www.martellotech.com

This press release does not constitute an offer of the securities of the Company for sale in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, (the '1933 Act') as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under the 1933 Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Cautionary Note Regarding Forward-Looking Statements

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