Media & Investor Relations Contacts:

Catherine London
Catherine@bioasis.us
+1 917-763-2709

Graeme Dick
Graeme@colwellcapital.com
+1 403-561-8989
______________________________________

Bioasis Establishes U.S. Presence with Office in Connecticut

The Company also launches new website bioasis.us

OCT. 10, 2017

VANCOUVER, BC and GUILFORD, CONN., BIOASIS TECHNOLOGIES INC. (OTCQB:BIOAF; TSX.V:BTI), a biopharmaceutical company focused on the delivery of therapeutics across the blood-brain barrier (BBB) and into the central nervous system for the treatment of neurological diseases and disorders, today announced the establishment of its U.S. office in Guilford, Conn. Additionally, the Company has launched its new corporate website, bioasis.us.

“Establishing a strong presence in the U.S. is an important next step in the evolution of Bioasis,” said Mark Day, Ph.D., president and chief executive officer. “The greater New Haven area is in close proximity to both Boston and New York. The new U.S. office provides a physical location that is at the cross roads of pharma, biotech and academia. It will increase the exposure of our company and provide access to a broad pool of talent and strategic resources.”

Following a strategic rebranding process, Bioasis has launched its new website, bioasis.us. The new website reflects a new array of branding elements, including xB3™, the Company’s proprietary platform technology for the delivery of neurological treatments across the BBB, and a modernized logo. Bioasis’ new corporate branding is an additional step in the transformation that has been taking place at Bioasis over the past six months.

The new Bioasis site, which has been optimized for both desktop and mobile users, more accurately tells the company’s story and clearly highlights the company’s mission to develop symptomatic and disease-modifying treatments for brain-related diseases and disorders.  Visitors to the website are able to efficiently access information on Bioasis, the xB3 platform, the Company’s in-house development programs and other corporate information.

“Bioasis is evolving and we want all aspects of our corporate messaging to reflect these changes moving forward,” said Dr. Day. “Our new branding, website and office location are a part of our move to more fully engage with potential biotech and pharmaceutical partners, better position the company for its expansion into the U.S. and to execute our corporate strategies for the advancement of the xB3 platform and the opportunities that platform presents for Bioasis and the patient community.”

About Bioasis

Bioasis Technologies Inc. is a biopharmaceutical company focused on the delivery of therapeutics across the blood-brain barrier (BBB) and into the central nervous system for the treatment of neurological diseases and disorders. The delivery of therapeutics across the BBB represents the single greatest challenge in treating neurological disorders. The company is developing and commercializing the xB3™ platform, Bioasis’ proprietary blood-brain barrier delivery technology, to address unmet medical needs in the treatment of central nervous system diseases and disorders. The company maintains headquarters in Vancouver, Canada with offices in Guilford, Conn., United States. Bioasis trades on the OTCQB under the symbol “BIOAF” and on the TSX Venture Exchange under the symbol “BTI.” For more information about the company please visit www.bioasis.ca or www.bioasis.us. You may also follow the company on LinkedIn, Twitter and YouTube.

Forward Looking Statements
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