ROSLYN, N.Y., March 2, 2021 /PRNewswire/ -- Sino-Global
Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global,"
the "Company" or "We"), a non-asset based global shipping
and freight logistical integrated solutions provider, announced
today that the Company will now accept Bitcoin as a form of payment
for its global shipping, freight, and logistics services. Payments
made in Bitcoin will be made at the rate applicable at the payment
date.
Mr. Lei Cao, Chief Executive Officer of Sino-Global,
commented, "We are thrilled to begin accepting Bitcoin as payment.
Sino-Global is adapting to digital currency industry trends by
offering our customers options to use a variety of payment methods.
Accepting Bitcoin amongst other payment methods will allow our
customers and business partners to take advantage of an
increasingly important payment network."
About Sino-Global Shipping America, Ltd.
Founded in the United States in 2001, Sino-Global
Shipping America, Ltd. is a company engaged in shipping,
chartering, logistics and related services. Headquartered
in New York, Sino-Global has offices in Los Angeles,
Mainland China, Australia, Canada and Hong
Kong. The Company's current service offerings consist of shipping
agency services, shipping and chartering services, inland
transportation management services and ship management services.
Additional information about Sino-Global can be found on the
Company's corporate website at www.sino-global.net. The
Company routinely posts important information on its website.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include timing
of the proposed initiative; the business plans, objectives, and
expectations of the Company regarding the initiative, and
Sino-Global's estimated and future results of operations, business
strategies, competitive position, industry environment and
potential growth opportunities. These forward-looking statements
reflect the current analysis of existing information and are
subject to various risks and uncertainties. As a result, caution
must be exercised in relying on forward-looking statements. Due to
known and unknown risks, our actual results may differ materially
from our expectations or projections. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these factors.
Other than as required under the securities laws, the Company does
not assume a duty to update these forward-looking statements.
The following factors, among others, could cause actual results
to differ materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on Sino-Global's operations, the
demand for Sino-Global's products and services, global supply
chains and economic activity in general. In addition, the value of
cryptocurrencies may fluctuate significantly over time. These and
other risks and uncertainties are detailed in the other public
filings with the SEC by Sino-Global.
Additional information concerning these and other factors that
may impact our expectations and projections will be found in our
periodic filings with the SEC, including our Annual Report on
Form 10-K for the fiscal year ended June 30, 2020.
Sino-Global's SEC filings are available publicly on
the SEC's website at www.sec.gov. SINO disclaims any
obligation to update the forward-looking statements, whether as a
result of new information, future events or otherwise.
For more information, please contact:
Tina (Tuo) Pan, Acting Chief
Financial Officer
1-718-888-1814
tinap@sino-global.com
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SOURCE Sino-Global Shipping America, Ltd.