Nuri Telecom Company Limited Announces Take-Up of Over 87% of Apivio Shares and Extension of Period for Tender of Additional Apivio Shares under its Offer

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/03/17 — Nuri Telecom Company Limited ("Nuri") announced today that 47,887,785 common shares ("Apivio Shares") of Apivio Systems Inc. ("Apivio"), representing approximately 87.17% of the number of outstanding Apivio Shares, were validly tendered (and not withdrawn) under the offer (the "Offer") of 1101324 B.C. Ltd. (the "Offeror"), a wholly-owned subsidiary of Nuri, to purchase all of the outst