VANCOUVER, British Columbia, Jan. 23, 2019 (GLOBE NEWSWIRE) -- GoverMedia Plus Canada Corp. (CSE: MPLS) (FWB:
48G) (WKN: A2JF6W) (“GoverMedia” or the “Company”), is pleased to announce that the Company has
completed Phase I of the software development and implementation project for the previously announced Swiss Private Bank’s (the
Client) internal communication system. GoverMedia Plus successfully completed the first phase of the project and GoverMedia Plus’
customer made a milestone payment of CAD$ 100,000.00 in Dec. last year. Additional payments of CAN$ 100,000.00 are expected
once the next project phase is successfully completed.
Roland J. Bopp, CEO of GoverMedia, commented “We are very pleased to announce that GoverMedia Plus not only
achieved the targeted registered user base of approx. 300.000 at the end of its first year of operation but also successfully
completed the implementation of phase 1 of the software development project with our client. This commercial relationship
represents the first break through in developing a successful software development activity within the Swiss private banking
sector, considering the market’s demands and our developers’ expertise in communication and cryptography. Our current focus is to
successfully finalize this solution within our client’s IT infrastructure. We are confident that additional revenue generating
opportunities will emerge. GoverMedia Plus will pursue other software development and implementation projects in the European
banking sector”.
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For further information, please contact:
Roland J. Bopp
President and CEO
1-(888) 672-4415
