CSE: CRL

FSE: 7C5

OTC:CDTAF

VANCOUVER, Sept. 18, 2018 /CNW/ - Carl Data Solutions Inc. CRL FSE:7C5,CDTAF ("Carl" or the "Company"), announces that the Company has cancelled an aggregate of 2,169,786 incentive stock options (the "Cancelled Options") previously held by certain directors, officers, consultants and employees of the Company. The Cancelled Options were comprised of the following:

About Carl Data Solutions Inc.

Carl Data Solutions Inc. an Industrial IoT (IIoT) company focused on providing next generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, reporting, and predictive analysis tools.

Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (Big-Data-as-a-Service (BDaaS) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart Software-as-a-Service (SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes. More information can be found at www.CarlSolutions.com.

On behalf of the Board of Directors:

Greg Johnston

President, Chief Executive Officer, Director

Carl Data Solutions Inc.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE Carl Data Solutions Inc.

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