Breaking #Blockchain Stock News: GoverMedia Plus Canada Corp. (CSE: MPLS) (FSE: 48G) (WKN: A2JF6W) Announces White Label Software Sale and Services Agreement With a Private Bank in Switzerland
VANCOUVER - July 23, 2018 (Investorideas.com Newswire) GoverMedia Plus Canada Corp. (CSE: MPLS) (FSE: 48G) (WKN: A2JF6W) ("GoverMedia" or the "Company"), is pleased to announce it has signed a software development agreement with a Swiss private bank based in Geneva. The bank has a long history in asset and wealth management. The agreement is for the development and sale of a proprietary white labeled messaging platform for the bank's internal communication. The messaging solution is fully customized, with the servers and the encryption keys at the bank level and can be replicated to other banking institutions.
The technology will be built based on GoverMedia's state-of-the-art, proprietary messaging software: MFLY+. The Company's team has already begun the software development activities for the bank's internal messaging platform and is expecting to deliver the final software solution during Q3 2018. The commercial agreement stipulates a software development fee and additional maintenance and technical support fees. These fees represent direct significant revenues to GoverMedia.
Leonid Afanasyev, GoverMedia's Founder and Director, commented "After months of restless work, we are pleased to announce this partnership in the financial heart of Switzerland. Based on years of professional relationship with the bank, we managed to develop a tailor-made solution for the financial institution's needs. The solution the Company has developed is fully adapted to the banking technology infrastructure in Switzerland and can be easily implemented to other banks in our network. We are confident this agreement will provide the basis for many other commercial contracts to come."
To read the full press release please click here.
About GoverMedia Plus Canada Corp.
GoverMedia Plus Canada Corp. is a Canadian holding company with a fully owned Russian technology subsidiary. GoverMedia has developed a fully operational state of the art internet platform offering all-inclusive online services such as, e-commerce, social media, multimedia, corporate auctions, corporate database, messaging platform and crowdfunding services. We believe the GoverMedia platform is the first and only internet platform offering such a wide range of online services accessible via only one account. The Company’s management and advisors have extensive expertise in the Telecommunications, High-Technology, Corporate Development and Finance fields. http://www.gm.plus and http://www.govermedia.plus.
For further information, please contact:
Roland J. Bopp
President and CEO
This press release is not an offer of securities of the Company for sale in the United States. The Common Shares of the Company may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act”), or an exemption from such registration. The Common Shares have not been and will not be publicly offered in the United States. The Common Shares have not been and will not be registered under the U.S. Securities Act or any state securities laws.
Cautionary Note Regarding Forward-Looking Statements
The statements made in this press release may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of GoverMedia. The words "will", "may", "anticipate", "intend", "plan" and similar words and expressions are used to identify forward-looking information. These statements include that the Company will resume trading on the CSE. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of GoverMedia's management as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, GoverMedia's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of GoverMedia. GoverMedia disclaims any obligation to update information contained in any forward-looking statement unless required by applicable securities laws.
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