GoverMedia Plus Canada Corp. Achieves Targeted User Base and Completes Phase I of White Label Software Solution for Swiss Ban...
January 23 2019 - 1:23PM
GoverMedia Plus Canada Corp. Achieves Targeted User Base and
Completes Phase I of White Label Software Solution for Swiss
Bank
GoverMedia Plus Canada Corp. (CSE: MPLS) (FWB: 48G) (WKN: A2JF6W)
(“GoverMedia” or the
“Company”),
is pleased to announce that the Company has completed Phase I of
the software development and implementation project for the
previously announced Swiss Private Bank’s (the Client) internal
communication system. GoverMedia Plus successfully completed the
first phase of the project and GoverMedia Plus’ customer made a
milestone payment of CAD$ 100,000.00 in Dec. last year. Additional
payments of CAN$ 100,000.00 are expected once the next
project phase is successfully completed.
Roland J. Bopp, CEO of GoverMedia, commented “We
are very pleased to announce that GoverMedia Plus not only achieved
the targeted registered user base of approx. 300.000 at the end of
its first year of operation but also successfully completed the
implementation of phase 1 of the software development project
with our client. This commercial relationship represents the first
break through in developing a successful software development
activity within the Swiss private banking sector, considering the
market’s demands and our developers’ expertise in communication and
cryptography. Our current focus is to successfully finalize this
solution within our client’s IT infrastructure. We are confident
that additional revenue generating opportunities will emerge.
GoverMedia Plus will pursue other software development and
implementation projects in the European banking sector”.
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For further information, please contact:Roland J. BoppPresident
and CEO1-(888) 672-4415
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