NEW YORK, Nov. 1, 2019 /PRNewswire/ -- Ideanomics
(NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to
announce its participation as a 'Friends of Fintech' sponsor during
the Singapore Fintech Festival, November
11-15, 2019. The event also kicks off the company's
expansion in the region through its planned APAC Headquarters in
Singapore. During Fintech Festival
week, Ideanomics will continue to develop its business and
ASEAN footprint as it explores opportunities for acquisitions,
partnerships, and joint ventures.
"We are excited to be involved with this year's Singapore
Fintech Festival, which is among the largest corporate events
globally," said Alf Poor, CEO of Ideanomics "This is an
event which attracts the top global voices in Fintech, and we will
be looking to use this event as a springboard for the introduction
of our Singapore and APAC
operations to both existing and potential partners in the region.
We are extremely pleased with the outreach for meeting requests
which led us to participating as an event sponsor."
Singapore Fintech Festival is organized by the Monetary
Authority of Singapore (MAS), in
partnership with the Association of Banks in Singapore (ABS) and is regarded as the largest
premier financial technology event in the world attracting more
than 40,000 participants, decision makers and investors from around
the world. The event is the world's largest platform for the global
FinTech community appropriately located within what is considered
to be the international hub at the forefront of FinTech
innovations with events including: FinTech Conference &
Exhibition, FinTech Awards, Global FinTech Hackcelerator Demo Day,
Global Investor Summit, and Innovation Lab Crawl.
"Singapore is strategically
located at the epicenter of innovation for FinTech, and related
CleanTech industries. We believe there is substantial opportunities
at the Singapore Fintech Festival for Ideanomics, as we continue to
our grow our presence in the region," said Drew Colvin, Vice President of Corporate
Development.
Joining Ideanomics at Fintech Festival will be leadership from
Hong Kong-based Liquefy and
Malaysian EV manufacturer Treeletrik, both of whom are interested
in synergistic opportunities and strategic partnerships in the
region.
About Ideanomics
Ideanomics is a global Financial
Technology (Fintech) company for transformative industries.
Ideanomics combines deal origination and enablement with the
application of technologies such as artificial intelligence,
blockchain, and others as part of the next- generation of smart
financial services. Our projects in New Energy Vehicle markets,
Fintech, and advisory services provides our customers and partners
better efficiencies, technologies, and access to global
markets.
Ideanomics, through its investments and, along with its partners
curate innovation around the globe through hubs and centers that
foster a pipeline of technological excellence in cleantech,
fintech, tradetech, agritech, regtech, insuretech, healthtech,
cyber security, and more.
The company is headquartered in New
York, NY, and has offices in Beijing, China. It also has a planned global
center for Technology and Innovation in West Hartford, CT, named Fintech Village.
Safe Harbor Statement
This press release contains
certain statements that may include "forward looking statements".
All statements other than statements of historical fact included
herein are "forward-looking statements." These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions,
involve known and unknown risks and uncertainties, and include
statements regarding our intention to transition our business model
to become a next-generation financial technology company, our
business strategy and planned product offerings, our intention to
phase out our oil trading and consumer electronics businesses, and
potential future financial results. Although the Company believes
that the expectations reflected in such forward-looking statements
are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of risks and uncertainties, such as risks related to: our
ability to continue as a going concern; our ability to raise
additional financing to meet our business requirements; the
transformation of our business model; fluctuations in our operating
results; strain to our personnel management, financial systems and
other resources as we grow our business; our ability to attract and
retain key employees and senior management; competitive pressure;
our international operations; and other risks and uncertainties
disclosed under the sections entitled "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our most recent Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission, and similar
disclosures in subsequent reports filed with the SEC, which are
available on the SEC website at www.sec.gov. All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these risk factors. Other
than as required under the securities laws, the Company does not
assume a duty to update these forward-looking statements.
Investor Relations and Media Contact
Tony Sklar, VP of Communications at
Ideanomics
55 Broadway, 19th Floor New
York, New York 10006
Email: ir@ideanomics.com
www.ideanomics.com
Tel: +1.212.206.1216
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SOURCE Ideanomics