Torrance, California, March 24, 2022 (GLOBE NEWSWIRE) -- Icon Media Holdings, Inc. (OTC Pink: ICNM) ("Icon" or the "Company"), a Nevada diversified global technology company, is pleased to announce today that it has executed a binding letter of intent to acquire Eastwin8 Pte Ltd, a Singapore company in logistic and fintech.
Eastwin8 is a Singapore-based digital network platform that enables businesses to conduct eCommerce with full integration of logistics network. Business owners can take advantage of the platform functions to plan, optimise and distribute the jobs to the logistics partners via mobile apps. Under the platform, it is easy to add “service partners” to the network so that other platform users can access the extended resources via the platform network. For paid subscribers, the platform provides additional functions such as Automatic Route Planning, Live Tracking, Private Network and many valued added services.
Once the platform is further enhanced and deployed, the service partner network will expand to cross border logistics, Insurance, Fintech, Marketing, Business Transformation, IT services, Purchasing and Consultancy. The platform will also be implementing the acceptance of cryptocurrency payment in certain marketplaces / countries where cryptocurrency or other forms of digital assets are permissible.
Further details will be provided at the closing of the acquisition.
About Icon media Holdings, Inc (“ICNM”)
Icon Media Holdings, Inc. is a diversified global technology company. The Company's wireless infrastructure services business used to provide small cell, distributed antenna systems (DAS) and Wi-Fi technical consulting, design and implementation services. Our customer base is the wireless industry and enterprise clients. The Company is pivoting its business model and seeks to acquire or merge into operating businesses and assets in Blockchain, Crypto, Metaverse and NFTs multimedia industry.
For more information about the Company, visit:
OTC Markets Profile : https://www.otcmarkets.com/stock/ICNM/profile
Website : https://iconmediah.com/
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
Frank I Igwealor, CPA
370 Amapola Ave., Suite 200A
Torrance, CA 90501
Tel. 310.895.1839; 424.358.1046
Email: franklin@cbdxfund.com
