Brisio Innovations & Newnote Financial Form Strategic Relationship to Implement Bitcoin Virtual Currency for the Good e-Reade...
June 12 2014 - 8:00AM
Marketwired
Brisio Innovations and Newnote Financial Form Strategic
Relationship to Implement Bitcoin Virtual Currency for the Good
e-Reader Appstore
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 12, 2014) -
Brisio Innovations Inc. (CSE:BZI)(PINKSHEETS:NTCEF) (the "Company")
is pleased to announce that it has entered into a strategic
relationship with Newnote Financial Corp. (CSE:NEU) to help develop
and implement a Bitcoin Virtual Currency payment system for the
Company's Good e-Reader Appstore. Upon completion, the Company
expects that the Good e-Reader Appstore will be the largest
independent Appstore in the world to allow Bitcoin and/or virtual
currency transactions.
In addition, through its subsidiary OakBranch Media, the Company
has agreed to assist in marketing and distributing Newnote's new
bitcoin app "CoinExchange" through the Good E-Reader website,
Appstore, and other OakBranch Media assets. OakBranch offers a
variety of marketing services to app developers and publishers to
help distribute their products worldwide.
CoinExchange allows investors to trade Bitcoin in a fashion
similar to a stock exchange. It supports multiple order types and
allows investors to enter multiple concurrent orders which are
automatically executed when the criteria is met. It allows
investors to get better buy and sell prices by allowing more
control over the conditions under which their BTC are sold without
having to always be watching the Bitcoin prices.
Paul Andreola, CEO of Brisio states: "We are excited to begin
accelerating the monetization of the Good e-Reader Appstore by
allowing app developers and publishers the option to receive and
pay for services and products using Bitcoin and potentially other
virtual currencies. We look forward to developing other strategic
initiatives with our new partners at Newnote."
Paul Dickson, CEO of Newnote states: "We are very pleased with
providing our crypto-currency expertise to Brisio. Their
well-established Google Play alternative Appstore is an ideal
platform for the integration of Bitcoin and AltCoin for both app
purchases and in-app purchases. We look forward to working with
Brisio to help secure our future plans in app development and
deployment for the crypto-currency sector."
About the Company
Brisio Innovations is focused on the acquisition, development
and marketing of software applications for mobile computing
devices, such as smart phones, tablets, and wearable computers.
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.
Like us on Facebook:
https://www.facebook.com/brisio.innovations
Follow Brisio on Twitter: https://twitter.com/BrisioApps
OakBranch Media: http://goodereader.com
Good e-Reader Appstore: http://apps.goodereader.com/
Disclaimer for Forward-Looking Information
Certain statements in this news release are forward-looking
statements, which reflect the expectations of management regarding
potential positive effects that the acquisition of the portfolio of
apps may have on the business of the Company. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future, and include discussion of: (i)
revenue generating potential of the apps; (ii) market potential for
the apps; and (iii) the Company's plans to translate the apps for
Android devices. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
These forward-looking statements reflect management's current views
and are based on certain expectations, estimates and assumptions
which may prove to be incorrect. A number of risks and
uncertainties could cause the Company's actual results to differ
materially from those expressed or implied by the forward-looking
statements, including: (i) that app purchasers may cease or fail to
purchase any of the apps; (ii) that potential growth is not as
expected; (iii) that the Company may be unable to successfully
translate the apps for Android devices; and (iv) other factors
beyond the Company's control. These forward-looking statements are
made as of the date of this news release and the Company assumes no
obligation to update these forward-looking statements, or to update
the reasons why actual results differed from those projected in the
forward-looking statements, except in accordance with applicable
securities laws. Additional information about the Company is
available in the Company's public filings with Canadian securities
regulators, available on SEDAR at www.sedar.com.
Brisio Innovations Inc.Paul AndreolaPresident, CEO and
Director(604) 644-0072www.brisio.com
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