Default Status Report December 29, 2017 – HIT Technologies Inc. (the "Company"; TSX.V: HIT) announces, further to its default announcement on October 30, 2017 and its default status reports on November 14, 2017, November 28, 2017, December 12, 2017 and December 15, 2017, that: 1. There has been no material change in the information contained in the default announcement other than as disclosed in this report; 2. Following the filing of its audited financial statements on December 18, 2017, the Company expects to file its first quarter interim financial statements on or before January 5, 2018; 3. There is no anticipated default of a financial statement filing requirement subsequent to that disclosed in the previous default status report announcement; and 4. There is no other material information concerning the affairs of the reporting issuer that has not been generally disclosed. ON BEHALF OF THE BOARD OF DIRECTORS OF HIT TECHNOLOGIES INC. Brooks Bergreen Chief Executive Officer