Bitovation Corporate Update

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Bitovation Corporate Update

Los Angeles - October 21, 2019 - Bitovation Corp. (bitovation.com), a rewards loyalty and rebate platform offering users up to 40% discounts on their everyday shopping announced today that it continues expand its corporate goverence and management team in preparation of becoming a fullly reporting company to the SEC. Recently the company also announced new CFO for the company industry veteran Monto Khanna.

Board of Directors (outside)

Mr. Hemingway is Chairman and President of Redwood Investment Group, Previously, the Founder, Chief Executive Officer and Chairman of Oxford Media (NASDAQ: OXMI). Mr. Hemingway has served as CEO and Chairman of Esynch Corporation (Nasdaq: ESYN), and Chairman and CEO of Intermark Corporation, a software developer and publisher in the entertainment markets. Prior, Mr. Hemingway was President and CEO of Omni Advanced Technologies (NASDAQ: OATI) and Intellinet Information Systems (NASDAQ: INET).
In addition, Mr. Hemingway has been a consultant and or board member to several NASDAQ and privately held companies.

Mr. Hemingway will be replacing Mr. Porasky as the company's outside Director

VP Corporate Communications/Board of Directors (Inside)

Tyler Knowles found his interest in technology at an early age, networking computers with coaxial at home, creating & installing a bulletin board system for his fourth grade classmates, and achieving more bang for his buck by building all of his personal computers from scratch while growing up in Wisconsin. Fresh out of college, Tyler was recruited to be a Creative at Apple, Inc. and he worked for the company from 2006-2014, present for the launch of the iPhone, iPad, and the App Store. Tyler brings his knowledge of Apple technology and all-things-mobile to Bitovation. An avid traveler & photographer, Tyler moonlights as an award-winning, independent Producer, Director & Editor in the Motion Picture industry and calls upon these skills as the Head of Corporate Communications for Bitovation.

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About Bitovation

Bitovation (www.bitovation.com) is owned and operated by Bitovation Corp., based in Southern California. Bitovation offers up to 40% on rewards, discounts, and rebates on your everyday shopping from over 2,000 brands you already know and trust. The Bitovation shopping ecosystem is free to join for users and provides powerful rebates and incentive program with the new digital currency called Ovato (ovato.com), allowing a low cost barrier to entry for consumers looking for easy access into digital currencies. Bitovation also helps facilitate merchants with on-boarding into the Bitovation platform by seamlessly integrating with their POS systems and marketing to the existing digital currency marketplace. Bitovation is helping the adoption of digital currency through rewards.

Contact Information

Roger Yack
Email: roger@bitovation.com

Safe Harbor: This release contains statements that constitute 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, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bitovation Corp, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bitovation Corp. ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bitovation Corp. filings with the Securities and Exchange Commission and/or the company's website.