VANCOUVER, British Columbia and LONDON, July 30, 2018 (GLOBE NEWSWIRE) -- BTL GROUP LTD. (TSX Venture:BTL) (“ BTL ” or the “ Company ”) announces that Guy Halford-Thompson, a co-founder of the Company, has made the decision to resign from the Board of Directors in order to focus his time on other ventures and opportunities.

“On behalf of the Board, we thank Guy for his leadership in the founding of the Company and for his hard work and dedication to BTL,” said Brian Hinchcliffe, Executive Chairman of BTL. “We appreciate that Guy has offered to be available to the Board in the future to provide advice and his insight as required, and we wish him well in his future pursuits.”

Guy Halford-Thompson said, “The last three years have been an incredible journey, and I would like to thank all of the management, board and executive team for all of the hard work that has gone into making BTL the leader that it is today.” 

ABOUT BTL TM AND INTERBIT TM

Listed on the TSX Venture Exchange (TSX Venture:BTL) and operating from both Canada and the UK with offices in Vancouver, Calgary and London, BTL is a technology platform provider that owns Interbit, a 3 rd generation blockchain platform which enables business applications to be built quickly, easily and securely.

Interbit can be licensed by developers and businesses who can build and share their own applications in a trusted ecosystem, allowing them to embrace new revenue generating opportunities. Interbit meets the speed, scale and privacy that older generations of blockchain technology cannot achieve by using its chain joining technology to connect multiple blockchains. It offers a simpler, more secure, new way of computing.

Website: www.btl.co & www.interbit.io
Twitter: https://twitter.com/blockchainltd & https://twitter.com/interbit
Videos: https://youtu.be/YFOH0YEHLak & https://youtu.be/eWI-0AXaZgc

For further information please contact:

Dominic McCann, CEO
Phone: +1 855 256 5246
Email: dominic@btl.co

Certain statements in this release are forward-looking statements, which include further development of BTL’s business relationships and business and the timing, development and success of BTL’s technologies and products, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of BTL’s technologies and products, as well as those risk factors discussed or referred to in BTL's annual Management's Discussion and Analysis for the year ended December 31, 2017 available at www.sedar.com , many of which are beyond the control of BTL. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release.  Except as required by law, BTL disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BTL undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.