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Weyland Tech Appoints Strategic Advisor for Middle East and Africa Growth




HONG KONG — (Marketwired) — 09/26/17 — Weyland Tech Inc. (OTCQX: WEYL) a global provider of mobile business applications, today announced that it has named Mr. Ghassan R. Saade as a strategic advisor for Weyland–s expansion into the Middle East & Africa (“MEA”).

“I am very enthused that Ghassan has agreed to join Weyland as we expand into the MEA,” said Brent Suen, CEO, Weyland Tech. “His extensive experience in the Middle East and Africa will be a key advantage in enabling Weyland–s expansion in the region.”

Mr. Saade said, “I am proud to join the Weyland Tech team and excited to engage with the small and medium sized businesses that have so much to gain from developing their mobile presence using Weyland platforms, like CreateApp, to manage and grow their engagement with clients. Throughout my career I have always sought to structure transactions that benefit all parties and am looking forward to working with mobile operators, local ISP–s, government agencies and other partners in the Middle East and Africa to bring Weyland–s platform solutions to the local entrepreneurs and help them flourish in the digital economy.

“We know from recent research put out by McKinsey and Company last October that the Middle East is teaming with a –tech-native and savvy youth– while only about 20% of SMB–s have any digital presence. With respect to mobile, –the United Arab Emirates, Qatar, and Bahrain are among the top countries in the world, with more than 100 percent smartphone penetration and more than 70 percent social media adoption — even higher than the United States.– And according to research by Ovum, smartphone penetration rate will grow at 52.9% year-on-year in Africa where there are already 293.8 million smartphone users across the continent which is predicted to rise to 929.9 million by 2021.”

Mr. Suen added, “This is a huge opportunity for Weyland. We expect these users to follow an earlier Asian trend where digital engagement is not just mobile first but in many countries mobile only. And those mobile customers want to engage with businesses natively on mobile just like in developed markets.

“This is one of the key reasons we have brought Ghassan on board to bring access to our technologies to the more than 19 million micro, small and medium enterprises that, according to the International Finance Corporation at the World Bank, call the region home.

“He will be responsible for advancing Weyland–s solutions, beginning with a new regional partner, Iaxcess () which currently delivers IT solutions to small businesses and large corporations in 11 countries. and developing additional partnerships with mobile operators, and pre-identified ISP–s.”

Mr. Saade immigrated to the US in 1978. His first foray into the telecommunications industry was building a small technical services company, Com-Tech International based in Seattle, WA, into an international telecommunications company, with sales of over $50,000,000. Com-Tech was ultimately sold to a company backed by early investors in MCI and Worldcom. Mr. Saade later served as a special representative to the International Telecommunications Union (The United Nations special agency responsible for information and communications technology matters). Since 2006, Mr. Saade has been active in international business development, working through the National US Arab Chamber of Commerce to promote U.S.-Arab business and investment opportunities for companies interested in trade between the Arab World and the United States.

About Weyland Tech Inc.

Weyland Tech–s CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 12 languages, enables small and medium sized businesses (“SMB–s”) to create native mobile applications (“APP”) for Apple–s iOS and Google Android without technical knowledge or background. Empowering SMB–s to increase sales, reach more customers and promote their products and services via simple easy to build mobile APPs in an affordable and cost-effective manner.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company–s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company–s periodic reports that are filed with the Securities and Exchange Commission and available on its website (). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Weyland Tech Inc.





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