Wookey Search Technology Corporation

235 Montgomery Street Suite 912 San Francisco CA 94104

August 25, 2016

Dear Shareholder/Investor,

It is a great pleasure to report to you the progress Wookey Search Technologies Corporation(WSTC) has made and to detail the exciting developments since our last correspondence.

The purpose of this correspondence is to update shareholders and friends of Wookey SearchTechnology Corporation (WSTC) on a number of important events that have occurred in 2016and our plans for 2017, including the exciting prospect of reverse merger into a publically tradedentity. In this letter, we will address the following:

Introduction Engineering Team Research and Drug Development Phase II UX/UI Plans and Business Strategy for Q416 and 2017 Capital Structure Overview of the Company’s Use of Proceeds Budget and Financing Plan Legal Liquidity Event

As a recap: Wookey is the first pure-play in AI embedded cloud based collaborative search.

Indeed, in today’s search experience, we are exposed to a sales driven environment, yielding aflat, one-dimensional bombardment of knowledge immersion. Precisely, today’s experiencelooks like a DOS readout leaving the user to scroll page after page through results that are oftenad-link laden with rankings, leading the user dumbfounded with unorganized information.

Our view is that collaboration is essential to the human culture and infers what the socialconstruct of today’s internet based knowledge immersion is lacking. it would have to find a wayinto the social fabric of the web that is fun and easy, where sharing our lives through socialsearch was as natural as communication, as fun and easy to share lives’ experience throughthought, photos and videos and developmental interaction.

The founders and experienced entrepreneur, Garnet Chaney and Mark J. Gustavson, recognizedan early opportunity to capitalize on the decline of binary search experience and the challengesof a celebrity culture (in the rise of texting, twittering, and Facebooking). These phenomena,along with nihilistic app development, are beginning to pepper the cultural landscape and humanvoice and creativity is lost in human expression. Indeed, current search seems symptomatic of agreat paroxysm of our daily lives taking what should be a subtle interaction and instead yieldinga flat, one-dimensional bombardment of knowledge immersion; Wookey ends all that, usheringan evolutional method shift in Information Retrieval.

Engineering Team

The team has combined years of experience in developing and maintaining large-scale systems.The team also has developed several social media tech products in Adobe Systems (Flash PlayerTeam) and early member of the FrendFinder platforms. Specialties include flash, flex, AIR,actionscript, internet software, search software, metasearch, expert systems and AI languagedevelopment, web spiders, .net and perl, website development, wiki, collaboration solutions.

Research and Development

Phase II Development Milestones:

The board of directors finds that our restructure is attractive to existing preferred shareholdersand potential new shareholders alike, and affords the Company the best possible chance to raisenew equity capital. The Company believes that if the data from this well designed Phase IIsoftware program is as promising as our preclinical data, the Company will be able to secureadditional significant funding and/or major Social and digital search partnerships.

a. UI menu is available that gives the user the ability to select the resources bestsuited for their specific search.

b. A self-generated “Back of the Book (style) Index” of interesting phrases detectedby Wookey’s proprietary software, is also provided for the user’s perusal. Thisaids in the discovery of information they may find interesting and may or may nothave considered at the onset of their search, (The Content Discovery Principle).The Index is ordered both numerically and alphabetically.

a. Any result can be deleted at any time as well as all results from a specific site, sayTwitter or YouTube for example.

b. Any web site’s URL can be automatically copied to the clipboard and beorganized independently, including any level of hyper-links determined by theuser. The URL can also be added to the existing Wookeypedia.

c. At the same time and on the same page, the user is provided with a privatebrowser. This browser only shows the visited sites, without revealing anythingother than the IP address of the computer being used. This protects the user’sprivacy. The user is also given the choice of opening the websites with their

default browser, enabling them to open multiple pages and to use their usualbook-marking routines.

d. At the same time, the user is provided with an accounting of the resources used inthe search and the number of queries that were requested from each resource. Thisis called the “Recipe”.

The chosen resources are then asked to supply a predetermined amount of results. The resultsfrom these search resources are then compiled and analyzed. Results, perceived to be redundantor to be advertising and spam are systematically eliminated. Each of the remaining websites isparsed and the results are provided with self-generated synopsis and context abstracts of thematerial in each URL, showing how the query term is used in context within each individualwebsite. What remains and is presented to the user is a library of web sites called a“Wookeypedia”. It is a portable data file that can be re-used or shared via email as a resource atany time in the future by the user and/or any colleague(s) of their choosing.

Post Phase II Development Strategy (Mid-2017)

a). Adoption:

We have relationships with content providers that we will ask to develop Wookey to performtasks for their audience. Tasks could be could include recommending their ecommerce productsor information portals, finding interesting content, or referring users to affiliate program. Whenusers using these Wookey embedded into the website, will be invited to create and embed Appdata bricks on their websites for the express desire to expose their users to an app that our marketdata tells us is fun, interesting and easy to use, and is fully integrated across all social mediaincluding Twitter and FB – when expressed to those in their sphere influence, they virtually castto others. Therefore, the key to the estimated downloads is a combination of: a) a good appdevelopment, and b) exposure – we feel we have scalable through embedded Wookey and theappeal to the creative abilities of internet users in general.

We envision sticky mass-adoption through content developers through, who will in turn expose itto fellow other coders/adopters through our platform, who in turn will use it, expose it to theirFB and Twitter followers and the family of web users on the internet. By utilizing the FacebookOpen Graph, the ability for the app to be exposed will be exponential. For example, Viddygained 17 million users in 7 days due to the adoption of the Facebook Open Graph. By addingthe features on our platform, thereby keeping the app simple and fun and having a driver likebringing people to the app, we feel we can reach our goals.

b). Monetization

There are 3 key monetization areas WS is expected to leverage:

* Mobile app views (iOS and Android apps)* Web views (Mobile and Desktop)* Email inventory* Key partners* Key Influencers & Thought Leaders

* Developers and Content Providers* Applications to eCommerce / Intelligent Concierge* Clinical, Technical Support, Self Help Platform Portals

Legal:

Ross Meador of TechLaw. All legal needs to include, of internationally-oriented technology andintellectual property business, financing, contracts and international trade, as well as intellectualproperty protection and trademark registration. Mr. Meador was the formulation counsel toseveral well-known technology companies to include, Facebook, Vivendi Universal, and NECCorporation

Exit Strategy Outline:

In summary, a reverse merger (or reverse takeover) the controlling shareholders of a publicvehicle acquire the business operations or assets of a private company. Once the reversetakeover (“RTO”) transaction is complete, the private company is either “vended in” as asubsidiary of the Issuer, in which case all of its financials become reported under the umbrella ofthe public company, or the assets are purchased.

This is usually accomplished via a Share Exchange Agreement in which the shareholders of theprivate company receive a majority stake or “controlling interest” in the public company.

Convertible debt at a fixed price of the investment with no ratchet anti-dilution provisions, andhas a maturity term triggered to the next financing at which time it will automatically convertinto Common Stock at $1.50 per share. It bears an annual dividend rate of 8.00%, subject tocredit risk adjustment based on the price of the Company's common stock measured over aspecific time period. The dividend is payable annually in cash or common stock at the solediscretion of the Company.

A 10% warrant is to be issued to parties in connection with all previous angel investments.

Therefore, Note holders will have the option to convert their current notes into the common stockof the acquiring entity.

The common documentation required for conversion may be available to the Shareholder inevery Rule 144 transaction, but in a best case scenario, all of these would be provided:

1. Promissory Note; and2. Debt Purchase Agreement, if applicable; and3. Conversion Agreement signed by the Issuer, if possible; and4. Conversion Notice; and5. Board Resolutions in which the Issuer acknowledges the debt and the conversion; and6. Proof of payment via check or wire transfer; and7. Non Affiliate letters signed by the Shareholder and the Prior Debt Holder.

Like your prior holdings in WSTC, the Series A Preferred (and the WSTC common stock thatwill be issued upon conversion) are restricted. This means that you cannot sell them unless theyare registered with the Securities and Exchange Commission or, an exemption from registration,such as Rule 144, is available. The availability of these exemptions may depend on your personalcircumstances. If you wish to sell, transfer, or convert your shares post-merger, we stronglyadvise you to consult a securities attorney.

Please let me know if you are interested in meeting with a founders or CEO, who would behappy to review this unique opportunity in further detail, and provide subscription agreementsand accompanying deal documentation.

Very Best Regards,

Roger Schulke

VP Investor Relations

235 Montgomery StreetSan Francisco, CA 94104Mobile: (415) 595-7892Fax: (415) 233-4687Email: roger@wookey.com