Newnote Financial Corp. Enters Japanese Market with Alliance Partner
31 October 2014 - 12:00AM
Business Wire
Newnote Financial Corp. (“Newnote” or the “Company”), (CSE: NEU;
OTCQB: NWWTF; FSE: 1W4) is pleased to announce that it has entered
into a partnership with PrimeBit KK (“PrimeBit”), a duly registered
Company in Japan to provide and market the Newnote Pure Trade
Exchange™ platform in Japan.
Newnote has been working this year to develop and test its Pure
Trade Exchange (“Exchange”) with many leading features and to
launch this internationally with alliance partners. The Company is
currently in final Beta testing of its Exchange platform, which
will allow individuals to trade crypto currency. The platform will
be unique in that will allow users to see an order book and market
depth, similar to what professional traders see when they buy and
sell stock. The Company expects to launch the Pure Trade Exchange
in November after successful Beta testing.
PrimeBit will have the exclusive rights to market the Pure Trade
platform in Japan, and will be allowed to white label the platform
under its own cultural specific branding. This is the strategy that
Newnote will have in order to quickly leverage its IT
infrastructure to expand internationally.
Paul Dickson, Newnote President and CEO states: “This is a
significant milestone for Newnote and its Pure Trade
Crypto-currency Exchange. It is a mark of confidence in our
technical infrastructure, and this will provide a show case for
other regions, as we seek to expand our international reach once we
launch the Exchange.”
PrimeBit KK Director Chris Filiatrault says: “Our Company and
its officers have a wealth of experience in Japan. We have built
and sold successful businesses in this company, combining foreign
knowledge and Japanese spirit in order to successfully tap this
important international market. ”
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency
and Bitcoin related software products and services geared at the
growing business segment of this bourgeoning market. Newnote has
positioned itself to be a leading contender in delivering
opportunities to startup businesses world-wide and continues to
create new opportunities for its clients and its shareholders.
Newnote has a clear vision on the direction in which this new and
unique business is headed and is continually adjusting and adopting
new business practices in both technology and the policies &
procedures required by banks and securities regulators.
About PrimeBit KK
PrimeBit KK is a newly formed corporation that provides Bitcoin
and blockchain related software development, support and consulting
services to Japanese companies.
Forward-Looking Information:
This press release may include forward-looking information
within the meaning of Canadian securities legislation, concerning
the business and trading in the common stock of Newnote Financial
Corp. The forward-looking information is based on certain key
expectations and assumptions made by the company's management.
Although the company believes that the expectations and assumptions
on which such forward-looking information is based are reasonable,
undue reliance should not be placed on the forward-looking
information because the company can give no assurance that they
will prove to be correct. These forward-looking statements are made
as of the date of this press release and the company disclaims any
intent or obligation to update publicly any forward-looking
information, whether as a result of new information, future events
or results or otherwise, other than as required by applicable
securities laws.
The CSE has not reviewed, approved or disapproved the content
of this press release.
Chris FiliatraultDirector, PartnerPrimeBit KK.Tokyo
Japan.Direct: 81-90-9954-2711Newnote Financial Contact
InformationPaul DicksonPresident, CEO & DirectorNewnote
Financial Corp.CSE: NEU; OTCQB: NWWTF; FSE: 1W4Suite 709-700 West
Pender StreetVancouver, BC V6C 1G8direct: 604-229-0480fax:
604-685-3833web: www.newnote.com
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