ADGORITHMS LTD

("Adgorithms" or the "Company")

Director Appointment

Adgorithms, creators of Albert, the leading Artificial Intelligence marketing platform, is pleased to announce that Yoram Freund has joined the Board of the Company as Chief Financial Officer with immediate effect.

Mr Freund, aged 45, has significant financial leadership experience within the technology industry. He served as VP Finance at Radware Ltd. ("Radware"), a large NASDAQ listed company, for 6 years and had been with Radware since 2000.  Prior to this Mr. Freund worked at KPMG. Mr Freund is a qualified accountant.

John Allwood, Chairman of Adgorithms said:

"The Company and its Board of Directors are very pleased and excited to have Yoram join the team. We are confident that Yoram's long and proven experience will be invaluable as the Company continues to develop."

Yoram Freund said:

"I'm excited and look forward to have the opportunity to work alongside the Adgorithms team, leading the Company to future growth and innovation."

There are no further disclosures to be made in accordance with Schedule Two (g) of the AIM Rules.