Upco International Inc. Announces UpcoPay Middleware Fully Completed

Vancouver, BC, September 10, 2019, Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (Frankfurt: U06) (“Upco”) is pleased to announce that UpcoPay, the middleware to interconnect multiple Bank partners, merchants, and its mobile application is now fully completed.

Upco selected Google kubernetes engine as the best infrastructure to host the UpcoPay middleware. Companies such as Spotify, HSBC, Home Depot, Snapchat, HTC, Best Buy, Philips, Coca Cola, Domino, Feedly, ShareThis, Sony Music e Ubisoft are also using the same engine.

UpcoPay has been designed by using the language called “SCALA”, a general-purpose, high-level, multi-paradigm programming language. It is a pure object-oriented programming language which also provides the support to the functional programming approach. Scala stands for Scalable language. In software development world Scala is considered to be a high-end language and has the reputation of being a complex language. The Scala programming language is used by many companies to develop commercial software and production systems.  LinkedIn, EDFT, AirBnB, Klout, Apple, Verizon, Twitter, Novell, the Guardian, Xebia, Xerox, FourSquare, Sony, Siemens, Thatcham,OPower, GridGain, AppJet and Reaktor all use this system.

UpcoPay Platform features include:

  • Distribuite Domain-driven design,
  • Microservices (DDD bounded context)
  • Responsive
  • Resilient
  • Elastic
  • message driven

Mr. Andrea Pagani, CEO and President of Upco, commented, “we are excited to have UpcoPay ready after several months of hard work, this is an important milestone for the company, now we can have the freedom to integrate multi Bank partners, starting with eMoney for Europe, and complete the integration with our Mobile application and transform it in a fully fintech app, maintaining the Telecom features inside”.

About Upco International Inc.

Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market-driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco e-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments. The application will also allow vendors to securely share account information with their clients.

Please visit upcointernational.com or upcomobile.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Andrea Pagani, CEO and Director
office@upcointernational.com
212 461 3676

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release.

Forward-Looking Statements

Except for the statements of historical fact, the information contained herein is of a forward-looking nature. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by statements containing forward-looking information. Such factors include continued availability of capital and financing and general economic, market or business conditions.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that statements containing forward-looking information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on statements containing forward-looking information. Readers should review the risk factors set out in the Company’s Filing Statement as filed on SEDAR.

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