Ontario - Covalon Technologies Ltd. (the 'Company' or 'Covalon') (TSXV: COV; OTCQX: CVALF), a leader in advanced medical technologies, proudly announces the opening of registration for a unique, patient-led webinar.

The event, scheduled for Wednesday, September 27, 2023, from 1-2 PM EST, is designed to provide attendees with a profound look into the patient's world living with central vascular access devices.

Guided by the firsthand experiences of Jessika Buehne and Chalice Richert, who are both clinically trained and have navigated the complexities of central vascular access devices, the webinar aims to underscore the necessity of understanding the patient experience and the importance of compassion in device management and patient care.

'The approach Covalon is taking to listen and amplify the voice of patients speaks volumes,' said Jessika Buehne. 'It shows we aren't forgotten or aren't just another ID number to a medical product. Knowing hospitals and device companies are listening gives me hope.' Chalice Richert added, 'Finding the right device for your line and skin can make all the difference. It is encouraging that Covalon is considering how patient needs can differ, and I'm excited for the opportunity share my experience, in hopes that it helps others living with a central line.'

About Covalon

Covalon Technologies Ltd. is a patient-driven medical device company, built on the relentless pursuit to help the most vulnerable patients have a better chance at healing. Through a strong portfolio of patented technologies and solutions for advanced wound care, infection prevention, and medical device coatings, we offer innovative, gentler, and more compassionate options for patients to heal with less infections, less pain, and better outcomes. Our solutions are designed for patients and made for care providers. Covalon leverages its patented medical technology platforms and expertise in two ways: (i) by developing products that are sold under Covalon's name and (ii) by developing and commercializing medical products for other medical companies under development and license contracts. The Company is listed on the TSX Venture Exchange, having the symbol COV and trades on the OTCQX Market under the symbol CVALF.

This news release may contain forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'plan, 'estimate', 'expect', 'intend', or variations of such words and phrases or state that certain actions, events, or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur', or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates, and projections regarding future events. Forward-looking statements involve risks and uncertainties, including, but not limited to, the factors described in greater detail in the 'Risks and Uncertainties' section of our management's discussion and analysis of financial condition and results of operations for the year ended September 30, 2022, which is available on the Company's profile at www.sedar.com , any of which could cause results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. Investors should not place undue reliance on any forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company assumes no obligation to update or alter any forward-looking statements, whether as a result of new information, further events, or otherwise, except as required by law.

Contact:

Brian Pedlar

Email: bpedlar@covalon.com

Tel: 905.568.8400

Toll-Free: 1.877.711.6055

Web: https://covalon.com

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