INDIANAPOLIS, July 18, 2018 (GLOBE NEWSWIRE) -- iMine Corporation (“iMine” or the “Company”) (OTCQB:JRVS), a publicly-traded
company focused on developing and selling commercial-grade cryptocurrency miners, announces that the Company has entered into a
five-year strategic relationship with GIGAIPC Co., Ltd., a wholly owned subsidiary of Gigabyte Technology Co., Ltd. (TPE:2376), a
multinational corporation listed on the Taiwan Stock Exchange.
Pursuant to the agreement, during the five year term of the agreement, GIGAIPC and iMine will work exclusively on cryptocurrency
mining rigs.
Of the company’s strategic relationship with GIGAIPC, iMine’s Chief Executive Officer Daniel Tsai commented, “The relationship
allows iMine to gain access to a streamlined process that covers all aspects of the product development process with a world class
manufacturer. iMine strives to be a reputable and reliable supplier of mining rigs to the cryptocurrency mining industry. We are
honored to have GIGAIPC and Gigabyte Technology on board to enable us to bring our customers innovative products with cutting-edge
technologies with the reliability that we feel is missing from the market place.”
Arthur Chuang, General Manager at GIGAIPC, noted, “Our relationship with iMine will advance the development of more reliable
GPU-based cryptocurrency mining units with stronger performance. By testing and examining the mining performance of iMine’s
products, GIGAIPC can gain insight into future improvements of the cryptocurrency mining industry. We are excited to share our
resources and technical expertise with iMine Corporation.”
About GIGAIPC
GIGAIPC Co., Ltd. is a wholly owned subsidiary of Gigabyte Technology Co., Ltd focused on the Internet-of-Things industry. The
company’s product offering includes industrial server and networking appliance, motherboard, and touch-enabled monitors. GIGAIPC
has access to multiple Gigabyte Technology’s manufacturing facilities in the Greater China region. For more information,
please visit http://www.gigaipc.com/.
About Gigabyte Technology
Gigabyte Technology Co., Ltd. is a Taiwan-based company principally engaged in the production, processing and sales of
information technology (IT) products. The Company provides computer motherboards, three dimensional (3D) display graphic cards,
laptops, tablet personal computers (PCs), servers, smart phones, broadband network devices and wireless communication products,
computer peripherals and network storage products. For more information, please visit https://www.gigabyte.com/us/.
About iMine Corp
iMine Corporation is a publicly-traded company that is in the process of developing the business of selling computer equipment
which can be used for the mining of cryptocurrency. The industry commonly refers to this computer equipment as “mining
rigs”. We plan to develop and sell GPU-based mining rigs based on our specifications. For more information, please visit
http://iminecorp.com/. Information on our website or any other website is not part of this
press release.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply
future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate",
"plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such
statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's
actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties,
including those relating to the Company's ability to design and market cryptocurrency mining equipment, sell any cryptocurrency it
may mine, and develop and market its own cryptocurrency mining equipment. Actual results may differ materially from those predicted
and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the
Company's operating history and resources, economic, competitive, and equity market conditions.
Media and Investor Contact:
Mike Zhou
iMine Corp
(877) 464-6388
mikez@iminecorp.com
