Weyland Tech Announces Launch of Mobile Wallet AtozPay
December 12 2017 - 9:36AM
InvestorsHub NewsWire
Hong Kong -- December 12, 2017 -- InvestorsHub NewsWire -- Weyland
Tech, Inc. (OTCQX: WEYL) ("Weyland" or "Company"), a provider of
mobile business applications, announced today that its upcoming
mobile wallet AtozPay has entered beta.
“I am thrilled to congratulate the team we recently brought on to
develop AtozPay on reaching this important milestone. We have
reached the point where the application itself has entered beta and
the marketing team has begun reaching out to customers in the
marketplace. Having seen what this team has been able to do with
AtozPay in a few months, I understand how they were able to
generate $100 million in top-up revenue on their previous project
in just 14 months. Our internal projections indicate Weyland Tech
will reach similar milestones with AtozPay,” said Weyland Tech CEO,
Brent Suen.
“Weyland is fortunate to be able to bring on this skilled team
as a complete group. Their experience will allow us to move through
the beta quickly and proceed from this soft launch to fully live in
short order,” added Weyland’s Director of Capital Markets, John
MacNeil.
While the AtozPay team has focused on app development,
management has been working diligently to lay the corporate
infrastructure to begin formal operations.
“Shareholders frequently ask why we are starting AtozPay in Asia
generally, and Indonesia in particular. I always recommend
they look into where Apple has entered the market with
ApplePay, Alphabet has launched Android Pay, and Samsung has
focused with Samsung Pay. The fact is emerging Asia is currently
underrepresented,” noted Mr. Suen.
Matthew Brent, Head of Strategic Development, observed,
“Indonesia is the 4th most populous country in the world and is
served by none of them. In our view, it’s a wide open market to
establish revenue and market share among a young mobile savvy
population. Our QR code based wallet is the right technology for
this marketplace.”
Weyland Tech looks forward to providing additional updates as
progress on our mobile wallet and other initiatives continues.
About Weyland Tech Inc.
Weyland Tech's CreateApp platform is focused on the Asia
markets. Our CreateApp platform offered in 14 languages, enables
small and medium sized businesses ("SMB's") to create native mobile
applications ("APP") for Apple's iOS and Google Android without
technical knowledge or background. Empowering SMB's to increase
sales, reach more customers and promote their products and services
via simple easy to build mobile APPs in an affordable and
cost-effective manner.
Follow Weyland Tech online at:
Weyland Tech Facebook Page
(https://www.facebook.com/weylandtech)
Weyland Tech Twitter Feed
(https://twitter.com/weylandtechinc)
Weyland Tech LinkedIn Page
(https://linkedin.com/company/weylandtech)
Brent Suen, CEO Public Facebook Page
(https://www.facebook.com/BrentSuenWEYL)
Brent Suen, CEO Public Twitter Feed
(https://www.twitter.com/BrentSuenWEYL)
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company. All statements, other than
statements of historical fact included herein are "forward-looking
statements" including statements regarding: the continued growth of
the e-commerce segment and the ability of the Company to continue
its expansion into that segment; the ability of the Company to
attract customers and partners and generate revenues; the ability
of the Company to successfully execute its business plan; the
business strategy, plans, and objectives of the Company; and any
other statements of non-historical information. These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions and involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks, and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this news release. The Company's actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that
are filed with the Securities and Exchange Commission and available
on its website (http://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 factors. Other than
as required under the securities laws, the Company does not assume
any duty to update these forward-looking statements.
CONTACT WEYLAND TECH @:info@weyland-tech.com www.weyland-tech.com