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.
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.
Newnote Financial Contact Information
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Newnote Financial Corp.
CSE: NEU; OTCQB: NWWTF; FSE: 1W4
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