Bubblr Gears Up for Open-Source and Ventures Platforms With Top Executive Reshuffle

Bubblr, Inc is accelerating the company’s Open Source and growth ambitions, requiring strategic reorganization of executive leadership positions

NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Bubblr Inc., (OTC PINK: BBLR), ("Bubblr" or the "Company"), the ethical Open Source 3.0 technology company has appointed Rik Willard as CEO, effective November 1, 2021. Willard’s wealth of experience and expertise in data privacy, digital ethics and blockchain makes him well placed to accelerate Bubblr’s direction in venture architecture and open-source platform development.

Previous CEO Steven Saunders will assume the role of Chief Commercialization Officer. Saunders has a long and proven track record in corporate partnerships and engagement and said of the move, “I’m very happy that Rik has decided to take on the CEO role, as it folds into his core strengths. My personal expertise and experience in corporate partnerships gives us a more synergistic depth that reinforces our core strategy in many important ways.”

Prior to Bubblr, Willard was Managing Director at Agentic Group, a global consortium of companies that helped to launch nearly 60 startups in the blockchain development space over range of sectors including technology, financial services, healthcare, professional services and not-for-profits. Agentic also provides strategic Web 3.0 - related strategies to governments, corporations, and central banks.

“It’s an incredibly exciting time for Bubblr in our mission to advance and develop Web 3.0 applications that focus on advancing and developing crucial digital solutions in real time, like data protection, secure transactions and personal identity. We are all about impact, inclusion and ethical intent, and I look forward to helping the company through this next chapter of growth,” said Willard.

Cornerstoned by its US approved Patent, Bubblr’s Open Source platform will enable developers worldwide to realize a more ethical internet via a wide range of products and services across multiple industries. From developing ad-free networks, autonomous payment platforms to decentralized applications, Bubblr’s next phase of growth is designed to bring the Open Source community, technology companies and academic institutions together on its journey.

About Bubblr, Inc.

Bubblr, Inc. is an ethical technology company that aims to bring back privacy to users, trust in online content, and sustainability to the digital marketplace. Our mission is to build a new Ethical Internet Ecosystem. We're making our patented, pioneering search technology accessible through an Open Source platform. That way, we can empower developers to create new solutions for a fairer internet. For more information, visit https://www.bubblr.com.

Important Cautions Regarding Forward-Looking Statements This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended, and such as in section 21E of the Securities Act of 1934, as amended. These forward-looking statements should not be used to make an investment decision. The words' estimate,' possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition, and other material risks.

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