Breaking #Fintech News:
Weyland Tech (OTCQX: $WEYL) Promotes Company Executives in Preparation for
Continued Growth and Expansion
NEW YORK - December 10, 2019 (Investorideas.com
Newswire) Weyland Tech, Inc. (OTCQX:
WEYL), a leading global Platform-as-a-Service (PaaS)
provider of m-Commerce and fintech solutions, has promoted three company
executives to new or existing positions.
Eddie Foong, founder of CreateApp, was promoted to the new
position of chief product officer. He previously served as chief operating
officer.
John MacNeil was promoted to chief operating
officer. Previously, served as director of capital markets.
Matthew Brent was promoted to the new position of
chief strategy officer. Previously, he was head of corporate development and
product strategy.
Read this in full at https://www.investorideas.com/CO/WEYL/news/2019/12101CompanyExecutives.asp
"As we continue on our rapid growth
trajectory, we recognize the importance of having the right executive team in
place to execute on our ambitious plans," said Brent Suen, CEO of Weyland.
"Near-term, these plans include completing the acquisition and integration
of a Push Interactive's U.S.-based
eCommerce platform, introducing our award-winning CreateApp PaaS solution to North
America, and building out additional value-added products and services for SMBs
and major brands."
"These three highly experienced, capable and
accomplished team members were ideal candidates to assume greater
responsibility and oversight of our day-to-day operations, as well as drive
business and product development with a focus on customer experience,"
continued Suen. "We expect them to continue to drive our momentum forward
and keep us on track for another year of record growth in 2020."
Executive Bios
Eddie Foong has over
17 years of experience in IT, sales and marketing and operations. He was
involved in a RFID technology company that developed and changed Singapore
National Library Books borrowing system island-wide. He previously headed the
sales and marketing department of Info. Technology within MNCs and government
agencies. He is also an IBM Award recipient and holds a Bachelor of
Engineering, first-class honors, from University of Strathclyde, U.K.
John MacNeil has more
than 30 years of experience in the financial services and technology
industries. He has advised technology, financial technology and renewable
energy companies on strategic relationships, financial forecasting, investor
relations and capital formation. He previously served as a portfolio manager
for technology funds at Schroders Investment Management. He holds a Bachelor of
Electrical Engineering from University of Connecticut and MBA from Columbia
Business School.
Matthew Brent has
over 10 years of experience in software and product development. He has built
and led teams from across North America, China, and Southeast Asia to deliver
products for global entertainment, media, and technology companies, including
Sony Computer Entertainment America, Activision Blizzard, The Upper Deck
Company, and The Sesame Street Workshop. He received his Bachelor of Arts in
Philosophy from the University of Illinois, Chicago.
About Weyland Tech
Weyland Tech is a developer and global provider of
mobile business software applications. The company operates its CreateApp™
platform-as-a-service (PaaS) across three continents and 10 countries,
including some of the fastest-growing emerging markets in Southeast Asia. The
platform provides a mobile presence for small-and-medium sized businesses
(SMBs) that is supported locally by distributor partnerships.
Offered in 14 languages with more than 70
integrated modules, CreateApp enables SMBs to create and deploy native mobile
applications for Apple iOS and Google Android without technical knowledge or
background. The technology empowers SMBs to increase sales, reach more
customers, manage logistics, and promote their products and services in an
easy, affordable and highly efficient way.
The company's subsidiary, Weyland Indonesia Perkasa
(WIP), operates AtozPay and
AtozGo™. The AtozPay mobile payments platform serves the burgeoning m-Commerce
and e-Payment markets in Indonesia, the world's fourth most populous
country. AtozGo is
a fast-growing short-distance food delivery service operated in Jakarta,
Indonesia.
Important Cautions Regarding Forward Looking Statements
This release contains certain "forward-looking
statements" relating to the business of the Company. All statements, other
than statements of historical fact included herein are "forward-looking
statements" including statements regarding: the ability of the Company to
successfully collaborate with and integrate Push, the continued growth of the
e-commerce segment and the ability of the Company to continue its expansion
into that segment; the ability of the Company to attract customers and partners
and generate revenues; the ability of the Company to successfully execute its
business plan; the business strategy, plans, and objectives of the Company; and
any other statements of non-historical information. These forward-looking
statements are often identified by the use of forward-looking terminology such
as "believes," "expects" or similar expressions and involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks, and uncertainties, and these expectations
may prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this news
release. The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports that are
filed with the Securities and Exchange Commission and available on its website
(www.sec.gov). All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their entirety by these
factors. Other than as required under the securities laws, the Company does not
assume any duty to update these forward-looking statements.
Company Contact
Brent Suen, CEO
Weyland Tech Inc.
Weyland Tech Inc.
Media & Investor Contact
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