Breaking #Fintech #Stock
News: Weyland Tech (OTCQX: $WEYL; $WEYLD) to Present at the 32nd Annual ROTH
Conference on March 15-17, 2020; Pre-Conference Webcast Available March 9; @weylandtechinc
NEW
YORK - February 28, 2020 (Investorideas.com Newswire) Weyland Tech,
Inc. (OTCQX:
WEYL)
(OTCQX:
$WEYLD)
a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce
managed services and mobile fintech solutions, has been invited to present at
the 32nd Annual ROTH Conference being held at The Ritz Carlton in Laguna
Niguel, California on March 15-17, 2020.
Read this news
featuring WEYLAND in full at https://www.investorideas.com/CO/WEYL/news/2020/02281ROTHConference-PreConferenceWebcast.asp
The
conference will feature presentations from public and private companies across
a variety of industry sectors. Last year, the ROTH Conference hosted 550
presenting companies and 5,100 attendees, including institutional investors,
analysts, family offices and high net worth investors.
Weyland
Tech senior management is scheduled to present in one-on-one meetings on March
16-17. They will discuss the rapid growth in subscriptions to the company's
CreateApp platform-as-a-service, the launch of CreateApp in Taiwan and Italy, and a recent
major U.S. acquisition.
Last
month, the company completed its acquisition of the Minneapolis-based eCommerce
technology company, Push Interactive, which provides an end-to-end eCommerce
solution for enterprises and major U.S. brands that include HomeAdvisor,
QuinStreet and Sunrun.
Weyland expects
to report an
annualized run rate of more than $48.6 million at year-end 2019, or $60.6
million on a combined pro forma basis with Push. This compares to $22.7 million
in revenue for the full year 2018. The company also expects to report its first
positive quarterly adjusted EBITDA after previously reporting it had turned
adjusted EBITDA positive in the final month of Q3.
Prior
to the start of the conference, ROTH will host a pre-recorded webcast of the
company's presentation, which will be available on the conference website here and in the
investor section of the company's website under Presentations, beginning on
March 9.
To
schedule a one-on-one meeting with Weyland Tech, please contact your ROTH
representative. For any questions about the company, contact Ron Both or Grant
Stude of CMA at (949) 432-7557 or submit your request here.
About Roth Capital Partners
ROTH
Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused
on serving emerging growth companies and their investors. As a full-service
investment bank, ROTH provides capital raising, M&A advisory, analytical
research, trading, market-making services and corporate access. Headquartered
in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains
offices throughout the U.S. For more information on ROTH, please visit www.roth.com.
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. For more
information, visit weyland-tech.com.
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 integrate Push, the
continued growth of the eCommerce 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
Ronald
Both or Grant Stude
CMA
Tel (949) 432-7566
CMA
Tel (949) 432-7566
Weyland Tech
(OTCQB:WEYL) is a featured fintech stock on
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