CLPS Incorporation to Announce Second Half and Full Year of Fiscal 2020 Financial Results

HONG KONG,Oct. 16,2020 -- CLPS Incorporation (Nasdaq:CLPS) ("CLPS" or "the Company"),today announced it plans to release its second half and full year of fiscal 2020 financial results on Thursday,October 22,2020.

The Company will hold a conference call at 8:30 am ET (8:30 pm Beijing time) on Friday,October 23,2020,to discuss its second half and full year of fiscal 2020 financial results. Listeners may access the call by dialing:

U.S. Toll-Free:

+1-888-394-8218

U.S. Local/International:

+1-323-794-2588

Mainland China:

400 120 8590

Hong Kong:

800 961 384

A telephone replay will be available two hours after the conclusion of the conference call through November 6,2020. The dial-in details are:

U.S. Toll-Free:

+1-844-512-2921

U.S. Local/International:

+1-412-317-6671

Passcode:

1612001

To access the live webcast of the conference call,please visit this link. The live and archived webcast will also be available through the Company's investor relations website at http://ir.clpsglobal.com.

About CLPS Incorporation

Headquartered inHong Kong,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 service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry,including large financial institutions in the US,Europe,Australia,Southeast Asia and Hong Kong SAR,and their PRC-based IT centers. The Company maintains 18 delivery and/or research & development centers to serve different customers in various geographic locations. MainlandChinacenters are located inShanghai,Beijing,Dalian,Tianjin,Baoding,Chengdu,Guangzhou,Shenzhen,Hangzhou,and Suzhou. The remaining eight global centers are located in Hong Kong SAR,USA,UK,Japan,Singapore,Malaysia,andIndia. For further information regarding the Company,please visit:http://ir.clpsglobal.com/,or follow CLPS onFacebook,LinkedIn,andTwitter.

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. Known and unknown risks,uncertainties and other factors,which may be beyond the Company's control,may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice,including,without limitation,those risks and uncertainties related to the Company's expectations of the Company's future growth,performance and results of operations,the Company's ability to capitalize on various commercial,M&A,technology and other related opportunities and initiatives,as well as the risks and uncertainties described in the Company's most recently filed 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 athttp://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

Rhon Galicha

Investor Relations Office

Phone: +86-182-2192-5378

Email:ir@clpsglobal.com

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