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ATW Tech Announces Revenue Growth of 35% for VuduMobile in 2018

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) -- ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW) is pleased to announce that its VuduMobile division (‘Vudu’) has had a very successful year in 2018 with a 35% increase in its revenues compared to 2017. VuduMobile’s portfolio of clients now includes Fortune 500 companies, government and para-governmental agencies, and thought leaders in the broadcasting industry, among others.

“I am very proud of the performance of VuduMobile. Since its acquisition in 2017, Vudu has become a leader in the text messaging and communication industry, has shown impressive revenue growth, reinforced its reputation and continued to develop products and services that exceed clients’ expectations. Our conviction that Vudu would be an engine of growth and diversifications is validated every time we realize such strong results,” said Michel Guay, President and Chief Executive Officer of ATW Tech.

Additional communications regarding VuduMobile’s strategic market segments and related customer testimonials will be published over in the near future.

ATW Tech 2018 audited annual financial statements will be released in April 2019.

Forward-Looking Statements Disclaimer
Certain statements in this press release may be forward-looking. Although ATW Tech believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. No assurance can be given that any events anticipated by the forward-looking information in this press release will transpire or occur, or if any of them do so, what benefits that ATW Tech will derive therefrom. ATW Tech disclaims any intention or obligation to update or revise any forward-looking statements in order to account for any new information or any other event, except as required under applicable law. The reader is warned against undue reliance on these forward-looking statements.

Additional information regarding ATW Tech is available on SEDAR www.sedar.com

The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange’s policies) bear no liability as to the relevance or accuracy of this press release.

ABOUT ATW TECH

ATW Tech (ATW.V) is a leader in financial technologies (‘fintech’), owner of several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. VoxTel offers various interactive communication and landline and mobile carrier billing phone solutions. VuduMobile is specialized the text messaging business for enterprises through its unique, user-friendly and bilingual test messaging application et turnkey solution allowing management of text message management programs in all kind of businesses. Option.vote offers a large scale customizable and secured multi-method voting system for unions, political parties, professional associations, and others looking for a way to reduce their voting costs and to improve their participation rates. Bloomed is a cloud-based platform to manage data (smart data) on consumers and their behaviors which is developed for marketing agencies and their campaigns for the consumer and corporate markets.

SOURCE:

ATW Tech Inc.
Michel Guay
Founder, president and CEO
Tel.: 844.298.5932 ext. 301
mguay@atwtech.com
www.atwtech.com

Simon Bédard, CA, CPA, CFA, MBA
CFO
Tel.: 844.298.5932 ext. 304
sbedard@atwtech.com