MANCHESTER, NH / CRWEPRESSRELEASE / September 18, 2015 /Management of QED Connect Inc. (OTCMKTS:QEDN) today announced it has signed a Joint Venture (JV) with San Francisco based HighTech Software, LLC to provide a mobile payment and inventory platform in South America. This software platform is designed to allow the user to run various functions including banking and financial transactions through several well establish Banks in Colombia via their cell phone. In addition, the software helps the Company keeps track of the inventory and the commercialization the Sacha Inchi Nut via “on-line” by facilitating the purchase, payment and delivery of the crop from the farmers.
The Company markets and sell the Sacha Inca Nut in the USA, Canada, Japan and China. The Nut is consider one of the new “superfoods” as it provides great food and health benefits due to its high content of alpha linoleic acid Omega 3 (48 %) and low contents of saturated fatty acids (6%).
QED has contracted in Colombia with more than 1,750 farmers to do crop substitution from illegal crops to legal crops. The Company harvests and de-shells the nuts in Colombia and transports them to the roasting company for the final processing and packaging for sale thorough various retail outlets.
Ms. Kate Bahnsen, QED Connect President & CFO, commented, “We are excited to be working with HighTech to provide an efficient method for managing the Sacha Inchi crop with our farmers.The region where the nuts are grown is rural and has limited communication capability. By utilizing cellular technology we are in position to assure the supply of product to support the market.”
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED’s business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. In June 2015, QED completed the stock purchase agreement with Oro Verde Inc. (formally known as: Green M&A Solutions). www.qedconnect.com.
About HighTech Software, LLC
HighTech Software, a Colombian company with a subsidiary in the US, provides cutting edge mobile solutions. HighTech is specialized on affordable financial solutions for people. Under this business vision, HighTech is the owner of several startups based on different financial services, including Pigney.com (MisPesos.co for LATAM). This solution provides digital payment methods and deposits accounts almost free for our end customers with a disrupting business model.
Safe Harbor Statement
Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors.
For more information contact:
Tel: (603) 425-8933
Fax: (541) 764-6180
SOURCE:QED Connect, Inc.