LOSANGELES – June 26, 2018 – Omnichain Solutions (Omnichain), a supply chain technology startupleveraging the power of Blockchain, announced today that it has been named awinner of Red Herring's Top100 North America award, a prestigious list honoring the year’s most promising privatetechnology ventures in North America. Omnichain was commended forits upward business trajectory and market-disrupting solutions that useBlockchain technology to help brands and retailers drive growth at scale throughreal-time transparency across their supply chains.

Companies were judged by industryexperts, insiders and journalists on a wide variety of criteria includingfinancial performance, innovation, business strategy and market penetration. Thewinners, celebrated at a special awards ceremony at the Marina Del Rey Hotel,have been chosen from thousands of entrants, whittled down to hundreds makingthe trip to California. The ceremony, led by Red Herring chairman, publisher and CEO, Alex Vieux, was precededby two days of keynote speeches, discussions and finalist presentations.

“2018’s crop of Top 100 winners hasbeen among our most intriguing yet,” said Vieux. “What has excited me most isto see so many people forging niches in high-tech and cutting-edge sectors. Webelieve Omnichain embodies thedrive, skill and passion on which tech thrives. Omnichain should be proud of its achievement: the competition wasincredibly strong.”

Pratik Soni, co-founder and CEO,Omnichain, said, “It is an honor to be named to this list of forward-thinkersand innovators pushing business and technology into the future. Blockchain isset to transform entire industries, and we are proud to be at the forefront ofbringing this technology to the supply chain industry. With goods traversingmultiple–often, disparate–production sites, warehouses, e-tailers andretailers, companies need transparency and visibility in order to preventsupply and demand imbalances, ensure they have the right stock to meet demand,and grow their business and revenue. This is what Blockchaindelivers and the Omnichain difference.”