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NABUFIT Enhances Board of Directors With New Apppointees
[March 17, 2017]

NABUFIT Enhances Board of Directors With New Apppointees

NEW YORK, March 17, 2017 (GLOBE NEWSWIRE) -- NABUFIT Global Inc. (OTCQB:NBFT), developer of a groundbreaking new training portal that enhances individual workouts by providing expert advice from professional trainers, health experts and international sports stars, announced the election of four new members to the Fiscal Year 2017 – 2018 Board of Directors (“Board”).

The new directors were elected by the stockholders holding a majority of the Company's outstanding common shares and follows the resignation of Soren Jonassen and Morten Karup from the Board. Mr. Ole Sigetty, Mr. Morten Albaek and Mr. Mads Frederiksen will continue to serve on the Board of Directors. Morten Krarup will continue as Chief Business Development Officer to the company. The new members of the Board take office on April 5, 2017.

The four new members who join the Board bring extensive financial, management and international business development experience.

Allan J. Vestergaard will be the new Chairman of the board of directors. Additional newly elected board members include Anette Nørgaard, Kristoffer Ewald, Jørgen Buhl Rasmussen.

Allan J. Vestergaard has global board experience and a solid theoretical foundation paired with extensive experience from different industries with a special focus on knowledge intensive industries and change management. Mr. Vestergaard engages with internationally focused companies providing leadership and strategic guidance as a consultant, board member and interim manager. During recent years, assignments have been on strategic focus/recalibration, senior management alignment, complex forensic matters and mergers/acquisitions, all truly global oriented with a significant focus on Asia (China).

Anette Nørgaard’s has a background in business development, marketing and communications. Additionally, Anette has many years of experience in the IT industry, with roles at Microsoft and Oracle and began her career developing and converting applications on mainframes. She has a strong interest in working with small and medium sized companies, and brings a successful track record in business development.

Kristoffer Ewald believes in innovation driven change leadership and management to achieve results. His focus is to bring passion, deep knowledge, scientific methods and out-of-the-box thinking to both projects, teams, leadership and clients. Kristoffer has a career in the disruptive landscape of Digital Strategies, Data Science and Marketing and is considered one of the best digital marketers in Europe.  


Jørgen Buhl Rasmussen has had an international career, with over 23 years of rich and varied experience in the field of Marketing and General Management. Recently, he was CEO and President of Carlsberg Breweries and prior to that was the Regional President in the Gillette Group and an Area Director of Duracell. Other Board positions currently held by Jørgen Buhl Rasmussen is Chairman of Novozymes A/S (world leader in enzymes) and Chairman of Uhrenholt A/S (international dairy business). In addition, Jørgen is engaged in other start up and venture businesses.

Allan J. Vestergaard, NABUFIT Chairman stated: “I am pleased to join the Board of Directors of NABUFIT and look forward to contributing as the company continues to implement its growth strategy.”

Brian Palm Svaneeng Mertz, NABUFIT CEO said: "We are very excited with the new additions to our board of directors, their know-how and the deep experience they bring to NABUFIT. The capabilities of these new board members and remaining directors brings a perfect match to NABUFIT and will build upon the momentum we have already achieved as we continue to execute our growth strategy.”

About NABUFIT Global Inc.

NABUFIT Global, Inc. (www.nabufit.com) is a US public company. NABUFIT is an online fitness platform for health and well-being through physical exercises, nutrition and lifestyle. The platform offers an interactive, customized experience founded on the workouts and participation of Sports Stars among here Neymar Jr., Peter Schmeichel, Michael Maze and many more to come. The development headquartered in Denmark is developing an online fitness platform and a mobile application that connects to existing and future monitoring devices (wearables etc.).

Forward-Looking Statements

Statements about the expected timing, and all other statements in this press release, other than historical facts, constitute forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. A number of the matters discussed herein that are not historical or current facts deal with potential future circumstances and developments that may or may not materialize. This press release speaks only as of its date, and except as required by law, we disclaim any duty to update.

Contact: 
NABUFIT Global, Inc.

Brian Mertz, CEO 
+45 23903300
bm@nabufit.com

Bob Bench, CFO
+1 801-362-2115
bobbench@nabufit.com

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