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Monday, February 10, 2020

The #AIEye: SoftBank’s Arm Launches #AI Chip for Tiny Devices, mCloud (TSXV: $MCLD.V) to Acquire AI Tech from AirFusion and Minerva Intelligence (TSXV: $MVAI.V) Completes Proprietary AI Development



The #AIEye: SoftBank’s Arm Launches #AI Chip for Tiny Devices, mCloud (TSXV: $MCLD.V) to Acquire AI Tech from AirFusion and Minerva Intelligence (TSXV: $MVAI.V) Completes Proprietary AI Development

White House to Propose “Doubling of AI R&D Funding” in 2021 Budget Proposal



Point Roberts WA, Vancouver BC – February 10, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (TYO:9984) (TSXV:MCLD) (TSXV:MVAI)

Arm Ltd, a subsidiary of SoftBank Group Corp. (TYO:9984), announced the launch of an AI chip for “tiny devices such as sensors designed to detect patterns in human speech or other streams of data,” according to a report from Reuters today. Today, the company released the new Cortex M55 processor coupled with its Ethos-U55 “neural processing unit,” though the report indicates that “chips with the technology” will not hit the market until next year. These chips will “aim to carry out the special kinds of math needed by artificial intelligence (AI) software that can detect vibrations or pick out spoken keywords from a user.”

mCloud Technologies Corp. (TSXV:MCLD) has signed a contract to acquire AI visual inspection and monitoring technologies from AirFusion, Inc. Dave Weinerth , mCloud's President, Smart Energy, commented:

"AirFusion's AI-derived results from wind turbine blade images are the best we have seen, reducing processing times by over 90% without compromising high accuracy. This acquisition in combination with AssetCare gives mCloud a serious competitive edge over other wind blade inspection providers."

One particular acquisition will be AirFusion’s Newton Engine, “which uses patent-pending AI to identify and classify damage from images of wind turbine blades.” This will be integrated into mCloud’s AI-powered AssetCare platform.

mCloud stock is very much in the green today, posting growth of about 6.7 percent at press time. For more on mCloud, check out the Investorideas.com podcast interview with the company’s CEO Russ McMeekin from March 2019, in which we discuss the AssetCare platform and its application in energy consumption.

In a corporate update released today, Minerva Intelligence Inc. (TSXV:MVAI) has announced that it has completed “the development of its proprietary artificial intelligence reasoning technology and is now implementing its strategy of delivering its solutions for commercial use through two primary product platforms: TERRA and GAIA.” TERRA is an AI mining suite comprising the following products:

     SolACE – Prepares data for cognitive AI and machine learning applications
     Target – Cognitive AI application for evaluation of surface exploration data
     DRIVER – Cognitive AI application for evaluation of mine and exploration drilling data
     LEO – Document management system optimised for interoperability with AI systems
GAIA allows users to generate and navigate hazard susceptibility, using cognitive AI capabilities to mimic “human-expert reasoning about natural hazards and provides explainable hazard assessments.” Scott Tillman, CEO of Minerva Intelligence, explained:

"2019 was focused on ensuring that our product suite was ready for market and that our team would be able to sere the needs of prospective clients. We have accomplished this and have launched into the commercialization phase of our business. We are looking forward to engaging with a number of customers and validate to the market the commercial applications of our unique technology."



White House to Propose “Doubling of AI R&D Funding” in 2021 Budget Proposal

A report from Reuters indicates that today The White House plans to propose a considerable increase in funding for artificial intelligence, as well as “quantum information sciences research and development in its 2021 budget proposal.” Specifically, this will entail a doubling of AI R&D funding from $973 million to nearly $2 billion by 2022. Though he declined to confirm the exact dollar amount, White House adviser and U.S. chief technology officer Michael Kratsios revealed in a statement that the budget will “ensure America continues to lead the world in critical technologies like AI and quantum. America’s economic strength and national security depend on it.”

Excluded from the previously mentioned figures are Defense Department spending on AI research. According to the report:

“The budget proposal on Monday will include a 70% increase for National Science Foundation (NSF) for AI-related grants and interdisciplinary research institutes, rising to more than $850 million…”

Sam Mowers, Investorideas.com


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Breaking #Defense #Stock News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors, @patriot1tech

Breaking #Defense #Stock News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors, @patriot1tech



TORONTO, ON – February 10, 2020 (Investorideas.com Newswire, Homelanddefensestocks.com ) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the appointment of  Lea M. Ray to its Board of Directors.


Lea M. Ray is a Chartered Professional Accountant ("CPA") and brings with her a great deal of corporate leadership and financial management experience. She is a both a CPA and ICD.D certified director and she will Chair the Company's Audit Committee. Lea is a seasoned board member who serves on multiple boards for public, private and not-for-profit organizations in leadership roles, including chair of audit committees for several TSX listed companies. Her knowledge of board governance, regulatory affairs and capital markets makes her an ideal candidate for the Audit Committee Chair position. Lea’s financial experience with global corporations began with PricewaterhouseCoopers and she is a former Vice-President Corporate Finance of Warner Bros. Entertainment Canada Inc. Her education includes a Bachelor of Commerce from Odette School of Business, University of Windsor, Ontario, Canada. In her free time, Lea is a member of the Ontario Beekeepers’ Association and a volunteer for several other conservation/environmental groups.

“We are excited to add Lea to our Board of Directors and to Chair our Audit Committee,” expressed Peter van der Gracht, Chairman of the Board of Patriot One. “Lea’s extensive strategic and business judgement, gained particularly through her previous board chair and committee chair roles on TSX-listed companies, makes her an ideal fit for this deployment and growth phase of Patriot One.  In addition to the Audit Committee, Lea will become a member of the Board’s Governance Committee, and will help ensure the Company stays compliant with regulatory, capital and accounting practices.” 

“I am honored to be joining the board of such an impressive, innovative and forward-thinking company” explained Lea Ray. “Being part of a team creating the solutions to address and pre-emptively stop terrorist and active assailant tragedies the world has suffered from these past few decades is very humbling.  I look forward to working with such a distinguished and passionate board, leadership team and staff in making Patriot One’s global vision of building safer communities a reality.”

Lea Ray began her duties as a Director on Patriot One’s Board last Friday, February 7, 2020.

On Behalf of the Board,

“Peter van der Gracht”

Peter van der Gracht
Chairman of the Board  

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

For further information, please contact:

Patriot One Technologies Inquiries
info@patriot1tech.com

Investor Relations
John Martin, Patriot One Technologies                         
+1 (888) 728-1332                                         
johnm@patriot1tech.com                                           
                             
Media Contacts:
Scott Ledingham, Patriot One Technologies                           
+1-613-806-7135                                           

CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, board composition, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Management Purchases Shares of Common Stock; @weylandtechinc

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Management Purchases Shares of Common Stock; @weylandtechinc


NEW YORK - February 10, 2020 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL) a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and fintech solutions, reported that its executive management purchased a total of 75,000 shares of the company's common stock from the public market on February 7, 2020.


The buyers and amounts include:
  • President & CEO, Brent Suen: 25,000 shares, bringing total shares held to 2,857,000.
  • Chief strategy officer, Matthew Brent: 25,000 shares, bringing total shares held to 1,895,000.
  • Chief operating officer, John MacNeil: 25,000 shares, bringing total shares held to 2,295,000.

Previous insider open market purchases of common stock were made in October 2019 by Suen, who bought 99,000 shares. In November 2019, Suen purchased an additional 900,000 shares from a shareholder in a private transaction.

"Given our strong tailwinds, including the increasing number of business subscribers coming onto our CreateApp platform, our expanding geographic footprint and recent major acquisition, we see our growth continuing to accelerate over the coming quarters," noted Suen. "We're also seeing great enthusiasm and excitement in our segment of the tech industry—unlike anything I've seen in my 34 years in business.

"As a result of these positive factors, my team has continued to invest personally in WEYL. In fact, over the last few years, I have invested more dollars in WEYL than I've received in salary as president and CEO of the company. I believe there is no stronger demonstration of my unwavering belief in our value proposition and ability to deliver superior value for our stakeholders."

Last month, the company completed its acquisition of the eCommerce technology company, Push Interactive, a direct-to-consumer eCommerce platform that provides an end-to-end solution for enterprises and major U.S. brands that include HomeAdvisorQuinStreet and Sunrun.

On a combined pro forma basis, the companies anticipate reporting $11.9 million in revenue for the fourth quarter of 2019, with total revenue of $42.3 million for the year. The combined annualized run rate on a pro forma basis totaled more than $60.6 million at year-end 2019.

As the result of the company's strong course of growth and development over the last year, it is preparing to uplist to the Nasdaq Stock Market. This move is expected to attract the attention of a broader base of investors, particularly institutional and family offices.
Additional details regarding the purchases can be found in disclosures on Form 4 filed with the Securities and Exchange Commission at www.sec.gov.

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.

About Push Interactive
The e-Commerce platform of Weyland's Push Interactive subsidiary features comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. The direct-to-consumer platform provides an end-to-end solution for SMBs and major brands, allowing these organizations to dramatically increase online revenue while lowering the cost of customer acquisition and order fulfillment. Post-sale, Push supports fulfillment, customer relationship management, and further monetization through re-engagement and remarketing toolsets that enhance customer lifetime value (LTV). For more information about Push Interactive, visit www.pushint.com.

About AtozPay™ and AtozGo™
Through Weyland Tech's minority-owned subsidiary, Weyland Indonesia Perkasa (WIP), the company operates AtozPay™ and AtozGo™. The AtozPay mobile payments platform serves the burgeoning mCommerce 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. For more information, visit atozpayindonesia.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 launch CreateApp in Taiwan, the continued growth of the eCommerce segment in Taiwan and the ability of the Company to continue its expansion into that segment and that geographic market; the ability of the Company to attract customers and partners and generate revenues through its partnership with Now Mastery; 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.

Media & Investor Contact
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

Weyland Tech (OTCQB:WEYL) is a featured fintech stock on

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Friday, February 7, 2020

The #AI Eye: NICE Ltd. (NasdaqGS: $NICE) Launching NEVA Unlimited Automation Package and BrainChip (ASX:BRN) to Showcase Akida Neuromorphic System-on-Chip at tinyML Summit



The #AI Eye: NICE Ltd. (NasdaqGS: $NICE) Launching NEVA Unlimited Automation Package and BrainChip (ASX:BRN) to Showcase Akida Neuromorphic System-on-Chip at tinyML Summit

APAC #AI in Manufacturing to See 34.8% CAGR 2019-2025




Point Roberts WA, Vancouver BC – February 7, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:NICE) (ASX:BRN)

NICE Ltd. (NasdaqGS:NICE) has announced the launch of its all-inclusive automation package, NEVA Unlimited. NEVA, which is described in the press release as “the world’s first digital assistant designed with the employee in mind,” boasts an “AI-driven interface,” that “responds to voice or text communication from employees, offering real-time process guidance and next best action advice as well as executing multiple and varied tasks on their behalf.” Barry Cooper, President, NICE Enterprise Group, explained:

"With NEVA Unlimited, NICE unlocks the full potential of the benefits that automation offers. By redefining the way commercial models are built in the industry, NICE provides transparency and simplicity that was previously unavailable. This unprecedented offering includes NICE’s full set of robotic automation solutions and we believe it will accelerate the value automation brings to organizations and shorten time to ROI."

BrainChip Holdings Limited (ASX:BRN) has announced that it will be showcasing its Akida Neuromorphic System-on-Chip at the tinyML Summit at the Samsung Strategy & Innovation Center in San Jose, California February 12-13. Available as a licensable IP technology, the press release indicates that Akida “will be available as an integrated SoC, both suitable for applications such as surveillance, advanced driver assistance systems (ADAS), autonomous vehicles (AV), vision guided robotics, drones, augmented and virtual reality (AR/VR), acoustic analysis, and Industrial Internet-of-Things (IoT).” Louis DiNardo, CEO of BrainChip, commented:

"We look forward to having the opportunity to share the advancements we have made with our flexible neural processing technology in our Poster Session and Demonstration at the tinyML Summit. We recognize the growing need for low-power machine learning for emerging applications and architectures and have worked diligently to provide a solution that performs complex neural network training and inference for these systems. We believe that as a high-performance and ultra-power neural processor, Akida is ideally suited to be implemented at the Edge and IoT applications."

For more on BrainChip, please check out the Investorideas.com interview with the company’s CEO Louis DiNardo from September, 2019.

APAC AI in Manufacturing to See 34.8% CAGR 2019-2025

A report from Research and Markets finds that the Asia-Pacific market for AI in Manufacturing will witness a compound annual growth rate (CAGR) of 34.8 percent in the forecast period 2019-2025. The following excerpts from the report description outline influences on market growth:

“Asia-Pacific region has a potential market due to the increasing R&D and investments by big pharmaceutical companies in life science research coupled with harnessing innovation, that spurs the growth of AI-based manufacturing in the healthcare industry. Further, the advancement in consumer electronics, growing automotive sales, and the significant growth of major emerging economies, such as China, India, Japan, and South Korea will further boost the growth of AI in manufacturing in these industries.”

“India is the fastest-growing economy for AI in manufacturing in the Asia-Pacific region. Adoption of various government policies to drive AI innovation such as digital India, and proliferation in various sectors such as IT, healthcare, and consumer goods give a boost to the growth of the market.”

Sam Mowers, Investorideas.com


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Thursday, February 6, 2020

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Launch CreateApp in Taiwan in Partnership with Leading Line Corp. Affiliate, Now Mastery; @weylandtechinc

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Launch CreateApp in Taiwan in Partnership with Leading Line Corp. Affiliate, Now Mastery; @weylandtechinc



NEW YORK - February 6, 2020 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL) plans to launch its CreateApp mCommerce platform-as-a-service in Taiwan within the next few weeks, allowing the more than 1.3 million small-and-medium sized businesses (SMBs) across the country to easily establish and manage a mobile presence.


CreateApp enables businesses to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. CreateApp empowers SMBs to increase sales, reach more customers, manage logistics, conduct financial transactions, and promote their products and services in an easy, affordable and highly efficient way. The CreateApp user base, comprised of businesses across Southeast Asia, grew 47 percent last year to more than 360,000.

To support the launch in Taiwan, Weyland has partnered with Now Mastery, LLP, an affiliate of NYSE-listed Line Corporation. Line provides a platform for mobile messaging and communication services, content distribution and financial services primarily in Japan, Taiwan, Thailand and Indonesia.

Now Mastery is led by Joseph Kay, a best-selling author in Taiwan who is widely considered the preeminent authority on Internet marketing for small business owners. Kay has attracted more than 400,000 followers on Line's small-business marketplace and 67,000 on Facebook.

Now Mastery will offer its followers special subscription pricing for CreateApp of US$25 - $110 per month, depending on the features and modules they use. Now Mastery will also provide ongoing advice and support for users on the platform.

"The citizens of Taiwan are well-known for being first adopters of the latest technologies and solutions," noted CreateApp's chief product officer and founder, Eddie Foong. "In fact, technology has been the key driver of Taiwan's economy for decades, and it has transformed the island into one of the world's leading manufacturing hubs, home to some of the world's largest semiconductor companies.

"The country has recently been making great strides in strengthening its startup ecosystem, with a surge in venture capital, government support, and reforms helping to revitalize the economy and increase the visibility of the next generation of entrepreneurs. Altogether, this makes Taiwan an ideal marketplace for CreateApp market expansion after Indonesia and more recently North America."

While Taiwan's population of 28 million is small compared to other markets in the region, its consumer habits and openness make it an easy market to navigate, as well as introduce and test consumer acceptance of new online services. Internet speeds in Taiwan rank among the top in the world; IP protection is well-established, and the cultural similarities to China make for good testing grounds to launch and experiment with new ideas before moving into larger regional markets.

According to Export.gov, more than 85 percent of Taiwanese citizens are connected to the Internet and more than 70 percent access the Internet using a smartphone device, making it one of the most connected consumer bases in the world. Further, a significant portion of the population is now shopping on mobile devices. In Taiwan, 48 percent of all online transactions are mobile-based, and this number is expected to reach 61 percent by 2022.

"Given these favorable market dynamics, we are excited to partner with the esteemed Joseph Kay and his Now Mastery organization to launch CreateApp in Taiwan," commented Weyland CEO, Brent Suen. "We expect even a small penetration of their large following to result in a significant contribution to our recurring revenue stream by the end of the first quarter."

Weyland's recent acquisition of Minneapolis-based Push Interactive is also expected to provide lead-generation tools for Taiwanese SMBs to increase their online sales.

About LINE Corporation
Based in Japan, LINE Corporation (NYSE:LN/TSE:3938) is dedicated to the mission of "Closing the Distance," bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, Fintech and more. For more information, visit www.linecorp.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.

About Push Interactive
The e-Commerce platform of Weyland's Push Interactive subsidiary features comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. The direct-to-consumer platform provides an end-to-end solution for SMBs and major brands, allowing these organizations to dramatically increase online revenue while lowering the cost of customer acquisition and order fulfillment. Post-sale, Push supports fulfillment, customer relationship management, and further monetization through re-engagement and remarketing toolsets that enhance customer lifetime value (LTV). For more information about Push Interactive, visit www.pushint.com.

About AtozPay™ and AtozGo™
Through Weyland Tech's minority-owned subsidiary, Weyland Indonesia Perkasa (WIP), the company operates AtozPay™ and AtozGo™. The AtozPay mobile payments platform serves the burgeoning mCommerce 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. For more information, visit atozpayindonesia.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 launch CreateApp in Taiwan, the continued growth of the eCommerce segment in Taiwan and the ability of the Company to continue its expansion into that segment and that geographic market; the ability of the Company to attract customers and partners and generate revenues through its partnership with Now Mastery; 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.

Media & Investor Contact
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team


  

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