- Amir Shpilka is a globally
recognized professor and researcher in the field of theoretical
computer science. His main research focus is on computational
complexity theory, algebraic complexity, and coding theory.
- Currently, Prof. Shpilka is a faculty member at the Blavatnik
School of Computer Science, at Tel Aviv
University, where he previously served as the head of the
Computer Science Department.
- Professor Shpilka has been a significant contributor to
Wellfield's blockchain technology, almost since inception, and he
now joins the Advisory Board as the Company begins to commercialize
its IP.
VANCOUVER, BC, Dec. 29, 2021 /CNW/ - Wellfield Technologies
Inc. (TSXV: WFLD) (the "Company" or
"Wellfield"), is pleased to announce that it has named
Amir Shpilka, a globally recognized
professor and researcher, as the third member of the Company's
advisory board. This follows the appointments of Global Payments
and Fintech Leader William
Keliehor and Global Financial Leader, Professor
Tamir Agmon.
Management Commentary
Levy Cohen, CEO of Wellfield commented, "Our success
in developing novel and high value blockchain technologies is
largely due to the Company's access to a breadth and depth of
academic expertise that few Fintech organizations are able to
access. Since 2018, Amir has played an active role in the planning
and architecture of all our services, including the cross
blockchain trading protocol, our product designed to make Bitcoin
compatible with DeFi, as well as other purpose-built IPs. We are
honored to have Amir join the Company's advisory board, look
forward to continuing to leverage his expertise and appreciate his
continued contributions to our research efforts."
Prof. Amir Shpilka
Prof. Shpilka graduated with a Ph.D. in Computer Science
and Mathematics from the Hebrew University in
Jerusalem in 2001 under the supervision of Prof.
Avi Wigderson. Prior to moving
to Tel Aviv University, he was a
professor of computer science at the Technion–Israel Institute of
Technology. He supervised students that are now professors at
leading institutions such as Princeton
University, University of Illinois at
Urbana Champagne and the Technion–Israel Institute of
Technology.
Most recently, Prof. Shpilka has been studying questions lying
at the intersection of algebraic geometry and algebraic complexity
and questions concerning codes for storage. He publishes regularly
at the top venues in theoretical computer science and coding
theory. His publications can be found at
https://www.cs.tau.ac.il/~shpilka/publications/. Prof. Shpilka has
been involved in Seamless Logic Software, a wholly owned
subsidiary of Wellfield, almost since its inception.
About Wellfield Technologies
Wellfield is focused on unlocking the power of decentralized
finance (DeFi) by building open and accessible decentralized
protocols and also blockchain based consumer products. Seamless -
the Company's protocol layer brand - focuses on solutions that
enhance and optimize liquidity in the Ethereum ecosystem, make
Bitcoin compatible with DeFi, and enable decentralized cross
blockchain exchange. MoneyClip - Wellfield's application layer
brand - is powered by DeFi to enhance everyday financial products
and make money work for the way people live.
Cautionary Notice
A listing application prepared in accordance with the
policies of the TSXV (the "Listing Application") is available on
the Company's SEDAR profile, available at www.sedar.com, and
contains additional information regarding Wellfield. The contents
of this press release are expressly qualified by the disclosures
and contents of the Listing Application and readers are encouraged
to review the Listing Application. Investors are cautioned that,
except as disclosed in the Listing Application, any information
released or received with respect to the Wellfield may not be
accurate or complete and should not be relied upon. Trading in the
securities of Wellfield should be considered highly
speculative.
The TSXV has neither approved nor disapproved the contents of
this news release. Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
This news release does not constitute an offer to sell, or
a solicitation of an offer to buy, any securities in the United States. Wellfield's securities have
not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
Cautionary Notice on Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking information" ("forward-looking information")
within the meaning of the applicable Canadian securities
legislation. All statements, other than statements of historical
fact, are forward-looking information and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that discusses predictions, expectations,
beliefs, plans, projections, objectives, assumptions, future events
or performance (often but not always using phrases such as
"expects", or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking information. Forward-looking statements in this
news release include statements regarding the Company's success in
launching the protocols and other technologies and utilities
discussed herein. In disclosing the forward-looking information
contained in this press release, the Company has made certain
assumptions. Although the Company believes that the expectations
reflected in such forward-looking information are reasonable, it
can give no assurance that the expectations of any forward-looking
information will prove to be correct. Known and unknown risks,
uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or
implied by such forward-looking information. Such factors include,
but are not limited to: compliance with extensive government
regulations; domestic and foreign laws and regulations adversely
affecting the Company's business and results of operations; the
impact of COVID-19; the decentralized finance industry generally,
in Canada and abroad; and general
business, economic, competitive, political and social
uncertainties. Readers are cautioned that the foregoing list is not
exhaustive and readers are encouraged to review the Listing
Application accessible on the Company's SEDAR profile
at www.sedar.com. Readers are further cautioned not to place
undue reliance on forward-looking statements as there can be no
assurance that the plans, intentions or expectations upon which
they are placed will occur. 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. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any
forward-looking information to reflect actual results, whether as a
result of new information, future events, changes in assumptions,
changes in factors affecting such forward-looking information or
otherwise.
SOURCE Wellfield Technologies