Entrex Capital Market executes Letter of Intent with Universal Solar Technology creating Carbon Trading Market

Boca Raton, FL: The Entrex Capital Market joint venture with Long Blockchain (OTC:LBCC) ispleased to announce the execution of a Material Definitive Agreement through an executed Letter of Intent to create a joint venture to establish a Carbon Trading market with Universal Solar Technology (OTC:UNSS).

The joint venture will use Entrex’s blockchain enabled technology platform to trade carbon credits, carbon offsets and other environmental securitized product. The platform would allow credits, offsets and other environment
products to be found, researched, tracked, managed and traded via regulated entities through a compliant platform.

Entrex shareholders will receive 20% of the joint ventures revenues up to $31,000,000 distributed on a monthly basis and will own 40% of the equity of the entity. Universal will invest $4,000,000 in cash for 40% of the joint venture
founding equity. Stephen H. Watkins, CEO of Entrex, is expected to join the UNSS Board of Directors. Universal also has a minimum buy-out option which allows it to purchase all remaining equity holders shares based on a
minimum of 11.6 times a minimum trailing twelve-month EBITDA of $15,000,000 – resulting in a minimum enterprise value of $174,000,000. This valuation is expected to be 15% below market comparables providing
Universal an estimated $30,000,000 in additional market valuation when and if the option is exercised.

“We see companies and consumers interested in carbon neutrality and believe we can use our proven, blockchain enabled, platform for producers to efficiently list carbon products while providing buyers access to industry compliant
products” said Stephen H. Watkins, CEO of the new joint venture.

“This is a tremendous transaction for UNSS and our investors” said Paul D. Landrew, CEO of Universal Solar. We expect the trading market to propel UNSS into a leadership position in the sector, utilizing the proven technology
created by the Entrex team – but also gives the ability to buy out the equity owners – providing even more anticipated value for our shareholders”.

Andrew Shape, CEO of Long Blockchain suggests; “Our partnership with Entrex has facilitated Long Blockchain’s transition into the blockchain industry by leveraging Entrex’s proven blockchain-enabled technology platform. Together, we will seek to scale the platform across a range of industries and types of assets. We expect this transaction to provide nearly $3 million in cash-flow from the revenue participation certificate and an additional $6.9 million for
the LBCC shareholders if UNSS executes their buy-out option.”

About Entrex:

Entrex was founded in 2001 as a “capital market system for entrepreneurial companies.” The new joint venture will utilize Entrex’s intellectual properties and blockchain enabled technologies; built and proven over 17 years using
IBM’s Domino and Hyperledger technology platforms. The Entrex platform originates, structures, offers, places, trades, settles and services debt and equities of entrepreneurial companies through regulated entities that serve
investors and issuers. Working together with industry sector leaders and regulated market constituents allows investors to find, research, track, manage, and trade entrepreneurial securities while providing entrepreneurial
companies access to capital. www.EntrexCapitalMarket.com