Luokung to Present at FORCE Family Office Webinar

BEIJING,Feb. 16,2022 --Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"),a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps("HD Maps") in China,today announced that management is scheduled to make a presentation at a webinar on Wednesday,February 23,2022,at 12 p.m. ET. The webinar will provide an overview of the Company and some of the exciting applications of its technology including autonomous driving. The webinar is being hosted by FORCE Family Office,a forum for family offices around the world.

To register for the webinar,please visit https://forcefamilyoffice.com/events/technology/2022-02-09-luokung-technologies/.

About Luokung Technology Corp.

Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company,as well as a leading provider of LBS and HD Maps for various industries in China. Backed by its proprietary technologies and expertise in HD Maps and multi-sourced intelligent spatial-temporal big data,Luokung established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving,smart highway and vehicle-road collaboration),natural resource asset management (carbon neutral and environmental protection remote sensing data service),and LBS smart industry applications (mobile Internet LBS,smart travel,smart logistics,new infrastructure,smart cities,emergency rescue,among others). The Company routinely provides important updates on its website: https://www.luokung.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. Forward-looking statements include,but are not limited to,statements regarding our or our management's expectations,hopes,beliefs,intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition,any statements that refer to projections,forecasts or other characterizations of future events or circumstances,including any underlying assumptions,are forward-looking statements. The words "anticipate","believe","continue","could","estimate","expect","intend","may","might","plan","probable","potential","should","would" and similar expressions may identify forward-looking statements,but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements in this press release are based upon various assumptions,many of which are based,in turn,upon further assumptions,including without limitation,management's examination and analysis of the existing law,rules and regulations and other data available from third parties. Although we believe that these assumptions were reasonable when made,because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control,we cannot assure you the statement herein will be accurate. As a result,you are cautioned not to rely on any forward-looking statements.

CONTACT:

The Company:

Mr. Jay Yu

Chief Financial Officer

Tel: +86-10-6506-5217

Email: ir@luokung.com

Investor Relations:

Ms. Carolyne Sohn

Vice President

The Equity Group Inc.

Tel: 415-568-2255

Email: csohn@equityny.com

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