CLPS Incorporation Receives 2018 Fintech Brand Leadership Award from the China Finance Summit

SHANGHAI,Dec. 18,2018 -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS),a leading information technology ("IT") consulting and solutions service provider focusing on the banking,insurance and financial sectors in China and globally,today announced that it received the 2018 Fintech Brand Leadership Award at the China Finance Summit Winter Forum on November 30,2018,in Beijing,China.

"We are honored to receive the China Finance Summit's 2018 Fintech Brand Leadership Award," commented Mr. Raymond Lin,Co-Founder and Chief Executive Officer of CLPS. "The award highlights CLPS's strong brand image and influence. It also represents the recognition we have gained from industry representatives and investors of our efforts and success. Going forward,we will continue to develop our ability to innovate and,in conjunction with industry trends,strengthen fintech intelligence. We look forward to continuing our contributions to economic growth and social progress."

The China Finance Summit is one of the most influential economic forums in China. It is committed to bringing together and sharing business intelligence as well as delivering mainstream business values. During the Winter Forum,corporations and individuals were recognized for their contributions to economic growth and social progress based on six criteria: innovation,responsibility,influence,driving force,growth,and vision.

About CLPS Incorporation

Headquartered in Shanghai,China,CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global leading information technology ("IT"),consulting and solutions service provider focusing on the banking,insurance and financial sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial industry,including large financial institutions in the US,Europe,Australia and Hong Kong and their PRC-based IT centers. The Company maintains ten delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai,Beijing,Dalian,Tianjin,Chengdu,Guangzhou and Shenzhen. The remaining three global centers are located in Hong Kong,Singapore and Australia. For further information regarding the Company,please visit: http://ir.clpsglobal.com/.

Forward-Looking Statements

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933,as amended,and Section 21E of the Securities Exchange Act of 1934,as amended. Forward-looking statements include statements with respect to the Company's beliefs,plans,objectives,goals,expectations,anticipations,assumptions,estimates,intentions,and future performance,and involve known and unknown risks,uncertainties and other factors,which may be beyond the Company's control,and which may cause the actual results,performance,capital,ownership or achievements of the Company to be materially different from future results,performance or achievements expressed or implied by such forward-looking statements. All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice,including,without limitation,those risks and uncertainties described in the Company's most recently filed annual report on Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company,or from the Securities and Exchange Commission,including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update,revise or correct any of the forward-looking statements after the date hereof,or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation

Tian van Acken

Chief Financial Officer

Phone: +86-158-0198-4357

Email: ir@clpsglobal.com

ICR Inc.

Rose Zu

Phone: +1-646-405-4868

Email: ir@clpsglobal.com

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