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American Aires Announces an Agreement with Green Space Worldwide Inc.

Newsfile Corp.

Toronto, Ontario--(Newsfile Corp. - March 6, 2020) -  American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is pleased to announce a collaborative agreement with Green Space Worldwide Inc., ("Green Space") a performance marketing firm, signed March 6, 2020.

Green Space will market Aires' product bundles across various digital channels, leveraging their internal media buying teams, Rolodex of celebrity influencers, and strategic partners. Green Space's unrivalled technology suite includes automated creative and deployment workflows, predictive key metrics, and extensive data-backed advertising funnels that are designed to drive sales and higher conversion.

"As we get closer to completing our new online global sales platform, which is on time and on budget, our focus will shift to sales and marketing efforts to drive revenue around the globe as high as possible. Further, as we are nearing completion of our online infrastructure build, this agreement with Green Space is one of many collaborative agreements that Aires will pursue in order for the Company to achieve maximum sales for its products globally" commented Dimitry Serov, President and CEO.

"Our philosophy is that direct to consumer brands should scale their advertising campaigns around concrete data and have a system to effectively buy digital media that converts to sales and customers, not clicks and impressions. We believe Aires' focus on global consumer EMF protection represents an explosive new market segment for health and wellness ready to be captured. We look forward to a long, growth-oriented partnership with the global leaders of this industry and aligning our success with the growth of Aires' online sales" said George Aizpurua, CEO of Green Space.

Currently Aires has sold products in 27 different countries.

Aires will pay Green Space a fixed cost per acquisition to be determined for every customer that purchases Aires products through their purpose-built advertising funnels, along with a monthly retainer of USD$10,000 for ongoing development, optimization, and campaign management. Green Space's aim is to deliver sustainable customer acquisition and develop new digital sales channels for Aires. Building new channels, scaling profitable campaigns, and automating key growth processes will allow Aires to grow revenues and profits while having a predictable and fixed cost per acquisition.

About Green Space

Green Space Worldwide Inc. is a performance marketing agency which combines consumer psychology, data monetization, and media buying to achieve sustainable customer acquisition across various digital sales channels. Green Space utilizes a complete technology suite including predictive metrics, data-backed advertising funnels, real-time sales tracking, and internal media buying teams allowing brands to scale their online campaigns with a predictive, and fixed, cost per acquisition. This means that direct to consumer brands can now de-risk their e-commerce strategy with predictive key metrics, customized sales funnels backed by conversion data, and open new sales channels, all without any additional advertising spend required.

Contact:
Waj Arshad, VP, Corporate Development
Email: waj@greenspaceworldwide.com

About American Aires Inc.

American Aires is an Ontario based technology company that is focused on the research, development and implementation of innovative technology solutions to allow consumers to safely engage with electronic products of the 21st century. The Company is currently engaged in the business of production, distribution and sales of products intended to protect persons from the harmful effects of electromagnetic emissions, which is produced from electronic devices such as cell phones, Wi-Fi routers, tablets and electric cars to name a few. The Company has developed a technology that restructures and transforms electromagnetic field haze into a more biologically-compatible form to reduce the harmful effects of electromagnetic radiation. The Company's current principal products are the Shield Pro, Aires Defender Pro and Aires Guardian.

For more information please visit: www.airestech.com

On behalf of the board of directors

Dimitry Serov, President & Chief Executive Officer
Email: dimitry@airestech.com
Phone: (905) 482-4667

Investor Relations:

Samina Deen, Head of Partnerships
Email:   samina@airestech.com
Phone: (416) 320-1634
             wifi@airestech.com

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.

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