Costas Inc. announce the appointment of J.D. Brammer as the new Chief Executive Officer and Director of the Company. Mr. Brammer's appointment was made as a strategic step by the Company to pursue pending opportunities in the on-line gaming business. It will be abandoning its efforts to pursue its cryptocurrency initiatives because it has been offered a more immediately profitable venture in the online gaming market place.

As part of this change, the major stockholders have agreed to relinquish over 14,000,000 shares of their existing CSSI common stock in order to support this new initiative. Mr. Clifford Redekop has agreed to stay on as Senior Vice-President for Corporate Administration and to also remain on the board with Dr. Stephen Gomes during this period of transition.