INTEGRATED MEDIA TECHNOLOGY LIMITED ANNOUNCES MEMORANDUM OF UNDERSTANDING TO DEVELOP SOURCING CHANNEL OF HALAL PRODUCTS IN THAILAND | News

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SYDNEY and NEW YORK, June 9, 2022 /PRNewswire/ — Built-in Media Technological innovation Restricted (NASDAQ: IMTE) (“IMTE” or the “Organization”), announces now that the Firm’s subsidiary Planet Built-in Source Ecosystem Sdn. Bhd. (“Smart”) has entered into a memorandum of understanding with Central Islamic Council of Thailand (CICOT), the Halal Requirements Institute of Thailand and the Halal Science Center Chulalongkorn College Thailand (with each other as “Thailand Associates”), to build a strategic partnership to collaborate in Halal affairs together with developing expectations, inspection, certification, Halal forensic science laboratory and exploration exchanges.

The Thailand Partners are to actively supply and help Wise to procure Halal goods in Thailand. The Thailand Companions are perfectly positioned in the Thailand marketplaces to identify Thai companies for collaboration in getting system, top quality management, hazard evaluation, and procedure administration. In addition, the parties will actively build impressive on the net cooperation to endorse Halal goods through on the web system events and trade promotions, as properly as on arranging joint educational gatherings such as on the web education classes, conferences and seminars.  The get-togethers shall also share sources like the use the title and emblem of the Thailand Partners on internet marketing resources and sites as a “strategic associate”.

Mr. Xiaodong Zhang, IMTE’s CEO said, “Thailand is a single of the world’s most vital food items producers with large production and export likely for Halal items. We glimpse forward to operating with these 3 esteemed organizations to create Thailand as a single of our crucial strategic sourcing channels. This MOU lays the foundation for sourcing an array of Halal products and solutions to our European distributors and will boosted our Halal business in Southeast Asia and the globe.”

About Central Islamic Council of Thailand (“CICOT”)

CICOT is the government entire body dependable for the certification, checking, and supervision of Halal goods in Thailand, as properly as Islamic affairs for The Muslim people of Thailand. The Kingdom of Thailand is an observer, represented by CICOT and the Halal Specifications Association of Thailand (HSIT). The CICOT’s primary things to do and providers are govt consultation, Halal product or service certification, Halal publicity and marketing by publications, radio, television, web-site, etcetera.

About Halal Specifications Institute of Thailand (“HSIT”)

The Halal Expectations Institute of Thailand, an exceptional legal spiritual corporation, is administered by the Central Islamic Council of Thailand (CICOT).  The HSIT was founded on August 11, 2003, to formulate and administer Islamic religious affairs in the Kingdom of Thailand. The rules governing the firm of the Islamic Act (“AOI Act”) have been introduced by Parliament and obtained royal assent on 17 Oct 1997. With price range assist from the Thai Governing administration, the HSIT aims to handle Islamic affairs in the kingdom of Thailand, comply with governing administration procedures and advertise the Thai food market as the kitchen area of the entire world.

About Halal Science Heart Chulalongkorn University Thailand  (“Halal Science Center”)

The Halal Science Center is a network of educating middle and laboratory in Thailand committed to maintaining Halal requirements. The Halal Science Centre now has a collaboration with numerous laboratories in many establishments in Thailand, focusing on the technological exploration and enhancement of Halal-similar science and the verification of Halal merchandise and foodstuff, as essential by the sanctity of Islamic law. The Halal Science Heart also actively disseminates awareness about Halal solutions to the general public via seminars.

About Built-in Media Technologies Minimal (“IMTE”)

IMTE is an Australian company engaged in the small business of manufacture and sale of nano coated plates for filters, the manufacture and sale of electronic glass, Halal certification and distribution of Halal items, the working of an on the web exchange platform for investing in digital belongings and the provision of money analysis. For extra details, you should go to www.imtechltd.com.

About World Built-in Offer Ecosystem Sdn. Bhd. (“Sensible”)

Smart is a Malaysia corporation engaged in the enterprise of providing Halal certification to qualified enterprises / operations, the establishment of Halal products source chain, and sale of Halal products

Safe Harbor Pertaining to Ahead-On the lookout Statements

This push launch contains ahead-searching statements inside the that means of Portion 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934, together with those people regarding IMTE’s anticipations, intentions, approaches, and beliefs pertaining to upcoming activities or potential monetary overall performance. True functions or benefits could vary materially from all those in the forward-seeking statements because of numerous crucial variables, together with those people explained in the Firm’s most new filings with the SEC. IMTE assumes no obligation to update publicly any this sort of forward-wanting statements, whether because of new information and facts, upcoming functions or otherwise. For a extra comprehensive description of the challenges that could cause our actual results to differ from our current expectations, 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 available on the SEC’s website and at http://www.imtechltd.com.

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