SYDNEY and NEW YORK, June 6, 2022 /PRNewswire/ — Integrated Media Technological know-how Confined (NASDAQ: IMTE) (“IMTE” or the “Enterprise”), announces currently that the Company’s subsidiary Ace Company Limited (“Ace”) has entered into a cooperation arrangement with Hainan Pansuo Art and Society Advancement Co., Ltd. (“Pansuo”), to create a strategic partnership to deliver one particular-quit blockchain traceability, automated NFT production, digital settlement and similar growth and technological guidance.
IMTE’s on line investing system named Ouction and its progress workforce will work with Pansuo to develop electronic assets for the art collections linked with the Chinese civilization, which include some Non-Fungible Tokens (“NFT”) to be bought on the Ouction on the internet investing platform or on the web auction platform. Mr. Xiaodong Zhang, IMTE’s CEO stated, “this cooperation with Pansuo will help Ouction to generate electronic property for several artwork collections to even more broaden the Ouction platform to artwork collectors all over the world.”
About Built-in Media Technologies Minimal (“IMTE”)
IMTE is an Australian enterprise 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 goods, the working of an on the internet exchange system for investing in electronic assets and the provision of economic exploration. For much more details, remember to go to www.imtechltd.com.
About Ouction Investing System
Ouction is an on-line buying and selling system in electronic property. The Ouction system is an interactive enduring option created with dynamic graphic cryptographic verification technological innovation which will provide as a bridge for O2O (On-line to Offline) transaction. This will help the “Ouction” system to not only validate virtual (electronic) asset transactions, but also provide encryption and Blockchain notarized digital certificates of bodily belongings for a fairer and extra credible platform trading knowledge to e-commerce providers and their buyers. Make sure you stop by the Ouction web-site at www.ouction.io.
Protected Harbor With regards to Forward-Searching Statements
This push launch has forward-on the lookout statements inside of the that means of Part 27A of the Securities Act of 1933 and Area 21E of the Securities Trade Act of 1934, such as those people about IMTE’s expectations, intentions, methods, and beliefs pertaining to long term activities or foreseeable future economical performance. Actual situations or benefits may possibly vary materially from people in the forward-seeking statements because of various critical aspects, which includes these explained in the Company’s most modern filings with the SEC. IMTE assumes no obligation to update publicly any such forward-looking statements, no matter if since of new information, upcoming functions or if not. For a much more total description of the hazards 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 available on the SEC’s web-site and at http://www.imtechltd.com.
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