BPG Announces Service Agreement with ABN Newswire
Brisbane, Nov 24, 2017 AEST (ABN Newswire) - Byte Power Group Ltd (
ASX:BPG) (or the 'Company') is pleased to announce that it has entered into a service agreement with ABN Newswire. ABN Newswire facilitates the distribution of company announcements to professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
This relationship with ABN Newswire will add significant value to Byte Power Group Ltd as it provides access to an Institutional Footprint of 315,000+ Bloomberg licensed users, 400,000+ Thomson-Reuters licensed users and Equity Research on Dow Jones.
Byte Power Group, through its subsidiary Byte Power Pty Ltd ("BPPL"), plans to create a cryptocurrency exchange based in Australia. With the recent engagement of the services of Mr Warwick Powell for strategic support for BPPL the company is well placed to build a cryptocurrency trading platform.
ABN Newswire CEO Mr Tim Mckinnon said "our relationship will provide Byte Power with news distribution to the premiere platforms such as Bloomberg, Reuters and Dow Jones. Byte Power Group is the first listed Australian company to enter the crypto currency exchange industry."
Mr Alvin Phua, Chairman and CEO of Byte Power Group said "by working with ABN Newswire, BPG will be able to more effectively communicate to the institutional, retail and social investor audiences. Institutionally, that's delivery of news about BPG to over 315,000 seats at Bloomberg and over 400,000 seats at Thomson-Reuters. In today's cluttered information environment, ABN Newswire also offers BPG an ability to cut through to retail investors and deliver information in ways that matter in social media domains."
About Byte Power Group Limited
Byte Power Group Limited (ASX:BPG) is a diversified technology solutions group with a particular emphasis on securing Asian business opportunities.
Through Wimobilize, the Group has a new cutting edge technology solution, a proprietary Advance Hybrid Artificial Intelligence Big Data Technology Platform consisting of 31 Advance Analysis Engines, 4 levels of Hybrid Correlation and Al Profiling Algorithms customised for governmental, healthcare, banking, telco and tourism industries. This proprietary Big Data technology platform elevated the AI Predictive Analysis and deep insight intelligence to a new paradigm, applicable to any market segment.
This Wimobilize Big Data technology powered e-commerce ecosystem will provide the next generation innovative trading platform for distributing the Company's Australian wine, organic honey and honeycomb.
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