Justin Frankel Named New Chief Executive Officer of Bayside Corp

Steven Hoffman, former CEO of Bayside Corp, will continue to serve as Chairman of the Board

WESTON, FL / ACCESSWIRE / January 29, 2018 / Bayside Corporation BYSD "Bayside" or the "Company")), today is pleased to announce that it has appointed financial services executive Justin Frankel as Bayside's new Chief Executive Officer. Under Frankel's guidance and leadership, the Company plans to create a network of two-way remittance machines as its first step in a larger vision to provide infrastructure solutions that will enable and expand the blockchain ecosystem.

Justin Frankel joins Bayside with over 20 years of professional experience in the financial services industry. He most recently served as the portfolio manager for a derivatives-based mutual fund at RiverPark Funds in New York City. Prior to RiverPark, Justin held various positions in the capital markets as part of successful product and sales teams, including at Morgan Stanley where he was responsible for building and managing a national sales team marketing structured notes. In addition, Justin has been an advisor to and investor in early stage companies throughout his career, and has been following the crypto-asset industry for years as part of his broader interest in technology infrastructure opportunities.

On the appointment of his replacement, Mr. Hoffman commented, "We're pleased to have Mr. Frankel on board as the new Chief Executive Officer of Bayside Corp. His expertise in making complex financial products understandable to a broader audience will undoubtedly be an asset that the Company leverages and capitalizes on as it moves forward in its mission to enhance crypto utility and user base."

Justin Frankel, CEO of Bayside Corp. added, "As the crypto-asset markets continue to mature and demand from investors continues to rise, the need for more robust infrastructure to support the industry-wide growth will remain paramount. I'm excited to join the Bayside team and develop the utility and infrastructure resources this burgeoning market both demands and requires."

About Bayside Corp

Bayside Corp. is an American corporation that trades publicly under the symbol "BYSD". At Bayside Corp., we believe that emerging technologies will create new opportunities for generations to come. Crypto-assets and blockchain technology will fundamentally impact a broad range of industries such as financial services, digital rights management, and computer processing and programming, along with many others. Our goal is to become the premier provider of infrastructure in this new and exciting industry. For additional information on the Company visit our website at http://www.baysidecorp.com.

Forward-Looking Statements

This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. Important factors that could cause actual results to differ from those projected are decreases in oil and gas prices or decreases in oil and gas production. The company's actual results could differ materially from those discussed herein. Forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements.

Company Contact

Info@baysidecorp.com

SOURCE: Bayside Corporation