NEW YORK, June 13, 2016 /PRNewswire/ -- Interups Inc.
("Interups" or the "Company") (OTCQB: ITUP) a holding company that intends to acquire or invest in operational Educational and
Hospitality Real Property assets and businesses in India, announced today that the Board of
Directors of Interups approved the appointment of BDO India LLP ("BDO") to serve as the Company's independent registered public
accounting firm effective June 4th, 2016. BDO will be replacing Sadler, Gibb &
Associates LLC as Interups full service accounting firm for Fiscal 2016 and beyond.
Hadley Donenberg, CEO of Interups, stated, "BDO has international expertise in multiple
industries. Their ability to navigate global trends will help transform Interups into a balanced enterprise. The addition
of BDO is an integral part of our growth strategy in India. Interups is now better-positioned to
make sound investments in a developing center for education, commerce and hospitality."
BDO offers accounting, tax and regulatory advisory and assistance for domestic and international organizations across many
different industries. BDO's expertise lies in developing and delivering innovative business-oriented solutions consistently to
varied clients all around the world.
About Interups Incorporated
Interups Incorporated (ITUP). The Company intends to acquire and operate several key businesses in Lavasa City, including
select Dasve Hospitality Institutes Ltd (that runs Ecole Hoteliere Lavasa Hospitality Institute and its annexed Boarding Campus),
Reasonable Housing Ltd and as well as residential villas, couple of apartment complexes and Hospitality Assets.
Interups also intends investing substantially into 7 boutique resort properties managed by Windflower Resorts (www.thewindflower.com) in South
India.
The Company is partnered with the city of Lavasa; the Yash Birla Group, the Indian multinational conglomerate; the Hindustan
Construction Company (HCC), whose businesses span the sectors of Engineering & Construction, Real Estate, Infrastructure,
Urban development & Management and Siddhartha Resorts and Foods Ltd that holds Windflower and Chancery Hotel Brands.
For more information on Interups, please visit the Company's website at http://www.itupglobal.com.
FORWARD-LOOKING STATEMENTS
This Report contains forward-looking statements. These statements relate to future events or our future financial
performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be
subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best
judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and
important factors beyond our control that could cause actual results and events to differ materially from historical results of
operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of
anticipated or unanticipated events.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our
public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at
http://www.sec.gov.
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SOURCE Interups Inc.