(TheNewswire)
Vancouver, BC / TheNewswire / June 5, 2018 - Upco International Inc. (CSE: UPCO) (OTC:
UCCPF) (Frankfurt: U06)) (“UPCO”) is pleased to announce the opening of its new office in Rome Italy to accelerate
sales penetration in Europe, consistent with its strategic and marketing plans. The Rome office will act as a focal point for
business activities in Europe, complementing other regional offices in New York and Vancouver, British Columbia.
Rome is the capital city of Italy and a major
EU and international financial, cultural and business centre. The
city hosts the head offices of the vast majority of the major Italian companies and corporations, as well as the headquarters of 3
of the world's 100 largest companies. In addition to services and tourism, high-technology companies (IT, aerospace, defense
and telecommunications), research and commercial activities (especially banking) are dynamic and important elements of its
economy.
Mr. Andrea Pagani, CEO and President commented: "Opening of our Rome office is a very exciting step for Upco and
positions us extremely well to pursue marketing activities and alliances as we grow our business in Europe. Rome is a major
business and banking center, with a vibrant telecom and IT sector. We expect this will benefit our business significantly as
we continue to diversify into financial technology with staged delivery of our full-service blockchain enabled e-wallet
system”.
Upco issued 50,000 stock options exercisable at $0.22 to an advisor of the Company.
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.
Please visit www.upcointernational.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrea Pagani, CEO and President
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively
"forward- looking information") within the meaning of applicable securities laws. Forward- looking information is typically
identified by words such as: “will” “may” "believe", "expect", "anticipate", "intend", "estimate", “development”, “forthcoming”,
"potentially" and similar expressions, or are those, which, by their nature, refer to future events. Upco cautions investors that
any forward-looking information provided by Upco is not a guarantee of future results or performance, and that actual results may
differ materially from those in forward-looking statements.
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