Appointment of Chief Business Development Officer

21 September 2016

CloudTag Inc.("CloudTag" or the "Company")

Appointment of Chief Business Development Officer

CloudTag (CTAG:LN), the company that brings personal monitoring to the weight loss, wellbeing, fitness and digital health markets is pleased to announce the appointment of Yuval Lange as chief business development officer.

Further to the Operational Updates of the 16 June 2016 and 12 September 2016, the Company continues to build a highly reputable in-house management team with this latest appointment. Yuval's primary focus is to expand the Company's strategic B2B opportunities particularly in the UK and EU in addition to growing the Company's B2B operations in the USA with further recruitments. He brings the required skill set and expertise which will enable the Company to capitalise on the unique market proposition based on our proprietary technology.

Yuval has over 15 years of experience in the Technology, Media and Telecoms (TMT) sectors, leading complex projects and developing commercial engagements in various companies. In his recent role, he managed the product development teams for a pan-European network operator, overseeing a significant geographical expansion of a fibre optic network. Previously, Yuval was part of the core team that launched BT Sport TV in the UK, responsible for the B2B sector, and he was the commercial lead for BT's consumer devices business unit. Yuval holds an MBA from INSEAD and a BSc in Computer Science from the Technion in Israel.

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