Easy Technologies or the “Company” is pleased to announce that it has entered into a Joint Development Agreement with Skill Development LLC, a private US-based software technology development company, to develop an internet based platform.
The Platform will be developed to operate a portal known as known as HouseTrivia.com, which will hold numerous trivia competitions each year with significant prizes including houses, exotic cars and home renovations (the "Competition").
Each Competition shall be limited to 20,000 participants, with an entry fee of USD$199, subject to inflation, with the first prize winner of the contest winning a home valued up to USD$1 million. Prizes for 2nd and 3rd place may include exotic sports cars and home renovation packages, such as a new kitchen. Cash payments may also be offered in lieu of the said prizes.
Each Competition will be promoted by an extensive marketing campaign designed to drive US participants to the Platform. Each Campaign will utilize media such as television, radio, email and web--based marketing to create awareness.
The Company will provide the necessary funding for the development and launching of the Platform up to a maximum of US$1,000,000 in
return for 50% of the pre-tax profits from the exploitation of the Platform. The development project will start immediately following any
necessary regulatory and shareholder approvals, and should be completed within six months.
"Rajen Janda"
Chief Executive Officer 604 357 4764
EasyTech is co-listed on the Börse Frankfurt stock exchange (“FF”) with the ticker symbol EY61” and the CSE with ticker symbol "EZM". The listing on the Frankfurt Exchange provides the Company exposure to the European markets. Certain statements contained in this release may constitute "forward–looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. These securities have not and will not be registered under United States federal or state securities laws and may not be offered or sold in the United States or to a U.S. Person unless so registered, or an exemption from registration is relied upon. This news release does not constitute an offer of securities for sale in the United States. The CSE has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of the content of this news release.