SYDNEY and NEW YORK, June 6, 2022 /PRNewswire/ — Built-in Media Know-how Limited (NASDAQ: IMTE) (“IMTE” or the “Enterprise”), announces these days that the Company’s subsidiary Ace Company Minimal (“Ace”) has entered into a cooperation settlement with Hainan Pansuo Artwork and Culture Development Co., Ltd. (“Pansuo”), to create a strategic partnership to give just one-prevent blockchain traceability, automated NFT generation, digital settlement and linked growth and technical support.
IMTE’s on the web investing system named Ouction and its development workforce will get the job done with Pansuo to generate electronic belongings for the art collections connected with the Chinese civilization, which include some Non-Fungible Tokens (“NFT”) to be bought on the Ouction on the net buying and selling platform or online auction system. Mr. Xiaodong Zhang, IMTE’s CEO stated, “this cooperation with Pansuo will permit Ouction to develop electronic belongings for various artwork collections to additional extend the Ouction platform to art collectors all over the world.”
About Integrated Media Technologies Minimal (“IMTE”)
IMTE is an Australian corporation engaged in the company of manufacture and sale of nano coated plates for filters, the manufacture and sale of digital glass, Halal certification and distribution of Halal solutions, the working of an on the net exchange platform for trading in electronic property and the provision of economic investigation. For more information, make sure you check out www.imtechltd.com.
About Ouction Buying and selling Platform
Ouction is an on line buying and selling platform in electronic assets. The Ouction platform is an interactive enduring remedy created with dynamic graphic cryptographic verification technological know-how which will serve as a bridge for O2O (On the internet to Offline) transaction. This will enable the “Ouction” platform to not only verify virtual (electronic) asset transactions, but also supply encryption and Blockchain notarized electronic certificates of physical belongings for a fairer and a lot more credible platform investing practical experience to e-commerce businesses and their users. You should stop by the Ouction internet site at www.ouction.io.
Safe and sound Harbor Regarding Forward-Searching Statements
This press release incorporates ahead-on the lookout statements within just the indicating of Section 27A of the Securities Act of 1933 and Portion 21E of the Securities Trade Act of 1934, together with all those concerning IMTE’s expectations, intentions, methods, and beliefs pertaining to future functions or potential financial overall performance. Precise functions or outcomes might vary materially from these in the forward-wanting statements due to the fact of a variety of significant components, including these described in the Company’s most latest filings with the SEC. IMTE assumes no obligation to update publicly any this sort of ahead-searching statements, regardless of whether because of new info, upcoming occasions or in any other case. For a extra total description of the challenges that could cause our actual results to differ from our current anticipations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are obtainable on the SEC’s site and at http://www.imtechltd.com.
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