[October 30, 2014] |
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Newnote Financial Corp. Enters Japanese Market with Alliance Partner
VANCOUVER, British Columbia --(Business Wire)--
Newnote Financial Corp. ("Newnote" or the "Company"), (CSE: NEU; OTCQB:
NWWTF; FSE: 1W4) is pleased to announce that it has entered into a
partnership with PrimeBit KK ("PrimeBit"), a duly registered Company in
Japan to provide and market the Newnote Pure Trade Exchange™ platform in
Japan.
Newnote has been working this year to develop and test its Pure Trade
Exchange ("Exchange") with many leading features and to launch this
internationally with alliance partners. The Company is currently in
final Beta testing of its Exchange platform, which will allow
individuals to trade crypto currency. The platform will be unique in
that will allow users to see an order book and market depth, similar to
what professional traders see when they buy and sell stock. The Company
expects to launch the Pure Trade Exchange in November after successful
Beta testing.
PrimeBit will have the exclusive rights to market the Pure Trade
platform in Japan, and will be allowed to white label the platform under
its own cultural specific branding. This is the strategy that Newnote
will have in order to quickly leverage its IT infrastructure to expand
internationally.
Paul Dickson, Newnote President and CEO states: "This is a significant
milestone for Newote and its Pure Trade Crypto-currency Exchange. It is
a mark of confidence in our technical infrastructure, and this will
provide a show case for other regions, as we seek to expand our
international reach once we launch the Exchange."
PrimeBit KK Director Chris Filiatrault says: "Our Company and its
officers have a wealth of experience in Japan. We have built and sold
successful businesses in this company, combining foreign knowledge and
Japanese spirit in order to successfully tap this important
international market. "
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and
Bitcoin related software products and services geared at the growing
business segment of this bourgeoning market. Newnote has positioned
itself to be a leading contender in delivering opportunities to startup
businesses world-wide and continues to create new opportunities for its
clients and its shareholders. Newnote has a clear vision on the
direction in which this new and unique business is headed and is
continually adjusting and adopting new business practices in both
technology and the policies & procedures required by banks and
securities regulators.
About PrimeBit KK
PrimeBit KK is a newly formed corporation that provides Bitcoin and
blockchain related software development, support and consulting services
to Japanese companies.
Forward-Looking Information:
This press release may include forward-looking information within the
meaning of Canadian securities legislation, concerning the business and
trading in the common stock of Newnote Financial Corp. The
forward-looking information is based on certain key expectations and
assumptions made by the company's management. Although the company
believes that the expectations and assumptions on which such
forward-looking information is based are reasonable, undue reliance
should not be placed on the forward-looking information because the
company can give no assurance that they will prove to be correct. These
forward-looking statements are made as of the date of this press release
and the company disclaims any intent or obligation to update publicly
any forward-looking information, whether as a result of new information,
future events or results or otherwise, other than as required by
applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this
press release.
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