LAS VEGAS, June 27, 2017 (GLOBE NEWSWIRE) -- Envoy Group Corp (“Envoy”, or “the Company”) (OTC:ENVV) is extremely pleased to announce the receipt of its first large block of cryptocurrency mining hardware at their BitReturn Tier 3 Datacenter in British Columbia. In addition to the cryptocurrency mining computers presently operating at the Datacenter, this new shipment will allow BitReturn to install 500 additional graphic processor units (GPUs) into the secure operating installation. These advanced GPU cards, produced by NVIDIA, are of the highest quality for currency mining and other applications, and will accommodate the optimized algorithms that our technicians will employ for mining rates far beyond any standard performance.
The 24/7 mining operations at the Datacenter are set to produce significant daily revenue, and function as the foundation of our operating strategy, as Envoy accelerates further in the design, marketing and execution of powerful business applications based on Blockchain technology.
“We see tremendous growth for the adaptation and use of Blockchain applications. Blockchains were originally developed to underpin digital currencies, like Bitcoin, and are rapidly gaining the interest of large players in banking, financial services and other high volume transactional businesses,” stated Matt deFouw, Company President.
CEO Harp Sangha stated, "The Envoy management team has conducted exhaustive research into this burgeoning field, and is convinced of the major growth opportunities in digital currencies as well as the rapid development of new applications and markets for Blockchain technology. The Blockchain format is set to redefine business and the internet. Envoy Group will be well positioned at the core of this revolution.”
Envoy recently launched it’s website, www.Bitreturn.com , after announcing that it has entered the over $100 billion digital currency and Blockchain market with the acquisition of BitReturn, an advanced Blockchain application group.
For further information please visit our website at: www.bitreturn.com
Safe Harbor Statements Certain information contained in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”, “intends” or “believes”, or that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the SEC. Such risks and other factors include, among others, the ability to locate and acquire suitable interests in alternative medicine manufacturing operations on terms acceptable to the Company, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the alternative medicine industry including, without limitation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage. The Company believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.
Investor Relations Contact: Hayden IR Stephen Hart Tel: 1-917-658-7878 • Email: hart@haydenir.com Company Contact: Louis Silver Tel: 1-610-710-1303 • Email: louis.silver@bitreturn.com
