Vancouver, BC, June 21, 2019, Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (FSE: U06) (“Upco”) is pleased to announce the appointment of Bardi Co. as its investment banking advisor. Bardi Co. is a transnational boutique investment bank headquartered in Los Angeles, CA, USA and focuses on providing Merger and Acquisition (M&A), and corporate finance advisory services to growing middle market companies.
The primary task of Bardi Co. will be to identify appropriate capital partners and to help execute the Company’s M&A strategy within the telecom industry.
Upco has developed a detailed expansion plan that will enable the Company to manage relationships with more global Tier 1 & Tier 2 telecom operators. Along with providing high-quality telecom services, Upco’s growth initiatives within the FinTech and mobile payments arena are expected to add incremental value for its partners and customers.
“Bardi Co. is enthusiastic to be closely working with Upco’s management team. We will continue to work diligently with Upco to successfully fulfil the Company’s strategic objectives and global mission,” stated Bardi Co’s Managing Director, Chris Manfre. “We believe that through well-designed partnerships, effective communication and disciplined execution, the Upco model will establish the Company as a preeminent player within the telecommunication and financial technology industries.”
About Bardi Co.
Bardi Co. is a transnational boutique investment bank offering services to middle market companies in a variety of industries. The firm specializes in mergers and acquisitions, fairness opinions, private placements, restructuring and business valuation for various purposes. Bardi Co.’s goal is to be the leading financial and trusted advisors to middle market companies.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrea Pagani, CEO and Director
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.
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.