Value Exchange International, Inc. Provides Business Update and Initiates the Process of Up-Listing to a National Securities Exchange

VEII is a U.S. holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila and Kuala Lumpur. The Company provides integrating, market- leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions. Company's retail POS solutions process tens of millions of transactions per year at approximately 20,000 retail outlets in Asia.

For more information, please visit: https://www.valueexch.com/. Contents of URL are not incorporated herein.

Forward-looking Statements: This press release may contain forward-looking statements regarding Value Exchange International, Inc. and its operating subsidiaries (collectively, the "Company") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: prospects of future growth from expansion of business efforts (like ESL) or of actually achieving an uplisting of the Common Stock to a national securities exchange; the likelihood that the Company will continue to deliver and financially benefit from its core information technology services business; the financial outlook of the Company; the general ability of the Company to achieve its commercial objectives, including the focus on higher profit work, to operate as a going concern and fund essential working capital needs in a timely manner; ability to attain and maintain adequate internal controls and systems necessary to timely file required reports; ability of Company to find affordable, adequate funding for any future expansion of Company's business and markets; ability of Company to properly manage and integrate any future acquisitions or manage any expanded operations; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "hopes," "anticipates," "excited," "seeks," "should," "could," "intends," or "projects" or similar and variant expressions and involve known and unknown risks and uncertainties. These statements are based upon the Company's current expectations and speak only as of the date hereof. The Company's actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control. Other risk factors include the status of the Company's common stock as a "penny stock" and status as a smaller reporting company as well as those listed in Company's Form 10-K Annual Report for the fiscal quarter ended December 31, 2023, Form 10-Q quarterly report for the quarter ended March 31, 2024 and other reports posted on The OTC Markets Group, Inc. website and filed with the Securities and Exchange Commission, which can be viewed at www.sec.gov.