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April 25, 2019

OneSoft Closes $9.2 Million Bought Deal Financing

Edmonton, Alberta - April 25, 2019 - OneSoft Solutions Inc.  (TSXV:OSS) ("OneSoft" or the "Company") is pleased to announcethat it has closed its previously announced short form prospectus offering (the "Offering") of 11,500,000 common shares (the "Common Shares") of the Company at a price of $0.80 per Common Share. The Offering also included 1,500,000Common Shares issued pursuant to the exerciseof the over-allotment option infull, for aggregate gross proceeds of $9.2 million.

The Offering wascompleted on a bought deal basis and was underwritten by Clarus SecuritiesInc., as lead underwriter and sole bookrunner, on behalf of a syndicate ofunderwriters that included Cormark Securities Inc. and Beacon SecuritiesLimited. In consideration for their services, the syndicate of underwritersreceived a cash commission equal to 6% of the gross proceeds of the Offeringand Broker Warrants (each a “BrokerWarrant”) equal to 6% of the Common Shares sold pursuant to the Offering.Each Broker Warrant entitles the holder thereof to purchase one Common Share ata price of $1.00 for a period of 12 months following the Offering’s closingdate.

The net proceeds fromthe Offering will be used by the Company to accelerate new product development,marketing and sales initiatives, and for working capital and general corporatepurposes.

The shares were offered in each of the provinces in Canada, otherthan Quebec.

About OneSoft

OneSoft hasdeveloped software technology and products that have capability to transitionlegacy, on-premise licensed software applications to operate on the Microsoft (MSFT:NASDAQ) Azure CloudPlatform.   Our business strategy is toseek opportunities to incorporate Data Science, Machine Learning, businessintelligence and predictive analytics to create cost-efficient,subscription-based software-as-a-service solutions. Visit www.onesoft.ca for moreinformation.

OneSoft’swholly owned subsidiary, OneBridge Solutions Inc., develops and marketsrevolutionary new SaaS solutions that use Data Sciences, Machine Learning, PredictiveAnalytics and Big Data to assist Oil & Gas pipeline operators to predictpipeline failures and thereby save lives, protect the environment, reduceoperational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com formore information.

ON BEHALF OF THE BOARD OF DIRECTORS
ONESOFT SOLUTIONS INC.

Douglas Thomson

Chair    

For more information, please contact:

Dwayne Kushniruk, CEO
dkushniruk@onesoft.ca
780-437-4950 Sean Peasgood, Investor Relations Sean@SophicCapital.com
647-494-7710

Forward-looking Statements

This news release contains forward-lookingstatements relating to the future operations and profitability of the Companyand other statements that are not historical facts. Forward-looking statementsare often identified by terms such as “may”, “should”, “anticipate”, “expects”,“believe”, “will”, “intends”, “plans” and similar expressions. Any statementsthat are contained in this news release that are not statements of historicalfact may be deemed to be forward-looking statements. Such forward-lookinginformation is provided to deliver information about management's currentexpectations and plans relating to the future. Investors are cautioned thatreliance on such information may not be appropriate for other purposes, such asmaking investment decisions.

In respect of the forward-lookinginformation and statements the Company has placed reliance on certainassumptions that it believes are reasonable at this time, includingexpectations and assumptions concerning, among other things: interest andforeign exchange rates; planned synergies, capital efficiencies andcost-savings; applicable tax laws; the sufficiency of budgeted capitalexpenditures in carrying out planned activities; the availability and cost oflabour and services; the efficacy of its software; our interpretation based onvarious industry information sources regarding the total miles of pipeline inthe USA and globally, which segments are piggable; our understanding ofmetrics, activities and costs regarding evaluation, inspection and maintenanceis in alignment with various industry information sources and costs ofperforming pipeline evaluation, inspection and maintenance in the USA arerepresentative of those in the rest of the world, are reasonably accurate; the successof growth projects; future operating costs; that counterparties to materialagreements will continue to perform in a timely manner; that there are nounforeseen events preventing the performance of contracts; and that there areno unforeseen material development or other costs related to current growthprojects or current operations. Accordingly, readers should not place unduereliance on the forward-looking information contained in this press release.Since forward-looking information addresses future events and conditions, suchinformation by its very nature involves inherent risks and uncertainties.Actual results could differ materially from those currently anticipated due tomany factors and risks. These include but are not limited to the risks associatedwith the industries in which the Company operates in general such as: costs andexpenses; interest rate and exchange rate fluctuations; competition; ability toaccess sufficient capital from internal and external sources; and changes inlegislation, including but not limited to tax laws.

Readers are cautioned that the foregoinglist of factors is not exhaustive. Forward-looking statements contained in thisnews release are expressly qualified by this cautionary statement. Theforward-looking statements contained in this news release are made as of thedate of this news release, and the Company undertakes no obligation to updatepublicly or to revise any of the included forward-looking statements, whether becauseof new information, future events or otherwise, except as expressly required byCanadian securities law.

This news release does not constitute anoffer to sell or the solicitation of an offer to buy any securities within theUnited States. The securities to be offered have not been and will not beregistered under the U.S. Securities Act of 1933, as amended, or any statesecurities laws, and may not be offered or sold in the United States absentregistration or an applicable exemption from the registration requirements ofsuch Act or other laws.

The TSX Venture Exchange has not reviewedand does not accept responsibility for the adequacy or accuracy of thisrelease.

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