Jeff Watts Joins Prodigy to Accelerate Growth

Toronto, Ontario--(Newsfile Corp. - October 3, 2016) - Prodigy Ventures Inc. ("Prodigy" or the "Company") (TSXV-PGV) today announced the appointment of Jeff Watts as Executive Vice-President.

Jeff Watts is a seasoned Canadian technology leader with a proven track record of success in scaling technology businesses. He brings to Prodigy over 25 years of global experience in direct sales, channels, marketing, and both business and corporate development. This spans large enterprises such as SAP, Xerox and 3Com, running business lines of $300M+, and startups such as Quack.com (acquired by AOL). Jeff's ability to focus sales execution and to capitalize on market opportunities is well recognized. Having recently completed an assignment as Chief Revenue Officer for a global SAP partner, he brings a unique perspective and skill set to Prodigy. In addition to his new role of Executive Vice-President of Prodigy, Jeff also serves on several boards in various capacities, including Valucap Investments Inc., where he is the CEO. In these capacities he has contributed to several successful exits, most recently Locationary (acquired by Apple Corp., 2014) and Elliptic Technologies (acquired by Synopys Inc., 2015).

Prodigy's CEO, Tom Beckerman, commented, "We are delighted to announce today that Jeff Watts has joined Prodigy as Executive Vice-President. We look forward to working with Jeff to accelerate our growth in new client development, M&A and new ventures."

Neither 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.

Certain statements in this press release may constitute "forward looking statements" which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such statements include the Company's ability to accelerate the Company's growth. When used in this press release, such statements may use such words as "may", "will", expect", "believe", "plan" and other similar terminology. All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking information" within the meaning of Canadian securities laws. This information represents Prodigy's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking information. Forward-looking statements speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking information. Prodigy disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on this forward-looking information.

About Prodigy Ventures Inc.

Prodigy Ventures is an innovation company that has combined an enterprise services business - Prodigy Labs - with a Venture Builder business. The two businesses work together to sell services and create new enterprise-grade platforms and apps using technologies such as mobile video, proximity, wearables and 3D & augmented reality.

FOR FURTHER INFORMATION PLEASE CONTACT:

PRODIGY VENTURES INC.
Andrew Hilton
Chief Financial Officer
Andrew.Hilton@Prodigy.Ventures