Tranche Update on Pro-Ship Incorporated's Equity Buyback Plan announced on January 30, 2017.

Pro-Ship Incorporated is primarily engaged in the development and marketing of package systems, the entrusted development, and the operation management business of systems. The Company operates in two business segments. The Package Solution segment is involved in the operation of package solution business, ranging from the consultation to the implementation and maintenance of fixed assets systems and sales management systems. The Others segment is involved in entrusted development and operation management business.