NEW YORK, NY, May 15, 2018 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL) ("Weyland" or the "Company"), a provider of
mobile business applications, has noted increased trading activity in the Company's stock. While the Company's general policy is
not to comment on market rumors or speculation, including market activities, the Company confirms that it has not taken any
corporate action that would explain the trading activity and is not in possession of any material non-public information that would
prompt the trading activity. Further, to the Company's knowledge, no insiders have sold or acquired any of the Company's shares
recently, as the Company is in a blackout period in view of the reporting season, per the Company's policies.
The Company has also engaged market professionals to assist it in monitoring market activity to ensure compliance with
applicable rules, including naked short selling, insider trading and sales of unregistered securities, as such issues may become an
issue from time to time for public companies. We are committed to working with regulatory agencies and professionals to
insure a fair and efficient market for our securities.
The Company continues to execute its strategy, including the previously announced strategic process to spinoff the eWallet
business.
About Weyland Tech Inc.
Weyland Tech's CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 14 languages, enables small
and medium sized businesses ("SMB's") to create native mobile applications ("APP") for Apple's iOS and Google Android without
technical knowledge or background. Empowering SMB's to increase sales, reach more customers and promote their products and services
via simple easy to build mobile APPs in an affordable and cost-effective manner.
Follow Weyland Tech online at:
Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than
statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth
of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to
attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the
business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These
forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar
expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in
these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may
prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the
date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws,
the Company does not assume any duty to update these forward-looking statements.
CONTACT WEYLAND TECH @: info@weyland-tech.com www.weyland-tech.com
