In Route to Becoming Fully Reporting, SinglePoint
(OTC: $SING) Up-Lists to OTCQB and adds Former Amazon ($AMZN) GM as Additional
Board Member
SEATTLE - February 14, 2018 (Investorideas.com
Newswire) SinglePoint, Inc. (OTC:SING) provides shareholder update on recent OTCQB up-list,
company overview and adding key board member to help guide company technology
initiatives. SinglePoint is currently engaged with auditor to complete 2017
audit and become fully reporting soon. Becoming fully reporting should increase
the exposure of SinglePoint to institutional investors for direct investment as
well as through the open market. In addition to this the company looks to increase
transparency and credibility for its shareholders and ultimately increase the
value of SinglePoint.
Read this news in full at http://www.investorideas.com/CO/SING/news/2018/02141OTCQB-BoardMember.asp
A requirement of the company's move to the OTCQB
Venture Markets was to add an additional board member. SinglePoint has added
previous Amazon General Manager and current F5 Networks Senior Vice President
Venugopal Aravamudan. Mr. Aravamudan has a 25+ years tenure in the technology
sector growing and leading significant businesses at companies such as
Microsoft, VMware, Amazon and now F5 networks Inc. Most recently,at Amazon, Mr.
Aravamudan ran a significant portion of the Amazon Web Services Relational
Database Systems services managing large teams and significant revenues.
Currently he is Senior Vice President and General Manager at F5 Networks and
responsible for their next generation cloud services offerings.
"I am excited to join the board at SinglePoint
and help them accelerate leveraging technology such as Blockchain and Cloud
Computing to deliver business services at a large scale. Singlepoint has great
assets and people to help them build differentiated and global capabilities and
I look forward to helping them get to this next level."
Management believes bringing on such a high-powered
board member that is well connected both locally and internationally will help
lead SinglePoint to its overall company goals. Mr. Aravamudan has committed to
making accretive introductions to the company leveraging cloud computing
capabilities that will accelerate the capability for Singlepoint to deliver
BlockChain enabled solutions.
"We are very happy Mr. Aravamudan has joined us.
This gives us the expertise we need for accelerating the right set of
technology based Joint Ventures, Acquisitions and other interesting Big Data
plays that unlock the potential for blockchain applications," states
SinglePoint President Wil Ralston.
The company has started video updates and looks to
release these as updates permit. Follow this link to see the inaugural video.
Note - Since the filming of this segment SinglePoint has successfully up-listed
to the OTCQB Venture Markets. SinglePoint Inaugural Video Update
About SinglePoint, Inc.
SinglePoint,
Inc. (SING) has grown from a full-service mobile technology provider to a
publicly traded holding company. Through diversification into horizontal
markets, SinglePoint is building its portfolio by acquiring an interest in
undervalued subsidiaries, thereby providing a rich, diversified holding base.
Through its subsidiary company SingleSeed, the
company is providing products and services to the cannabis industry.
Connect on social media at:
Forward-Looking
Statements
Certain
statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe harbor created
by those rules. All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential future
plans and objectives of the Company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
Technical
complications, which may arise, could prevent the prompt implementation of any
strategically significant plan(s) outlined above. The Company undertakes no
duty to revise or update any forward-looking statements to reflect events or
circumstances after the date of this release.
Contact:
SinglePoint,
Inc.
Greg Lambrecht
602.481.1544
Greg Lambrecht
602.481.1544
Corporate Communications Contact:
NetworkNewsWire
(NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Disclosure: SinglePoint, Inc. (OTC:
$SING) is featured on the 420 Cannabis Investor Ideas Directory at
SinglePoint, Inc. (OTC: SING) is a
featured company on Investorideas.com
View the profile on Investorideas.com
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