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Ether Capital Announces the Formation of Advisory Board

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TORONTO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Ether Capital Corporation (NEO: ETHC) ("Ether Capital" or the "Company") is pleased to announce the formation of an Advisory Board to provide additional expertise to the Company through the investment process, including sourcing of opportunities, community engagement, and support in the evaluation of potential opportunities. The Advisory Board will be comprised of a number of leading experts in blockchain technology and the broader business space, which the Company expects to announce over time.

The two initial members joining the Advisory Board are Ethan Buchman and Panashe Mahachi. Mr. Buchman is Chief Technology Officer and Co-Founder of both Cosmos Network and Tendermint, both leading projects in the blockchain sector. Mr. Mahachi is the Co-Founder of both L4 and Scanate, leading investment in early stage projects and cutting edge R&D in core blockchain necessities such as scalability.

"I am thrilled to have two of the brightest and most creative minds in the blockchain space today joining our advisory board," said CEO Brian Mosoff. "Ethan and Panashe are both working directly on complex and key improvements to the Ethereum ecosystem that are critical to the future success of the protocol. They bring an unparalleled breadth of knowledge, a deep understanding of the technology and strong reputations within the space.  We look forward to their contributions to Ether Capital," continued Mr. Mosoff.

About Ether Capital Corporation

Ether Capital is a Toronto-based technology company whose objective is to become the central business and investment hub for the Ethereum ecosystem. Ether Capital will invest in Ethereum's native utility token "Ether" as a strategic asset, and selectively invest in, or acquire, Ethereum-based businesses. Founded by a highly experienced Board of Directors and management team, Ether Capital has the resources, experience and relationships to support businesses and invest in industry-shifting disruptive technologies. For more information, visit http://ethcap.co/.

Further Information

For further information concerning this press release, please contact:

Brian Mosoff
Chief Executive Officer
Ether Capital
1-416-583-5541
http://ethcap.co/
Stefan Coolican
President and Chief Financial Officer
Ether Capital
1-416-583-5541
http://ethcap.co/

This press release is not an offer of securities for sale in the United States, and the securities described in this press release may not be offered or sold in the United States absent registration or an exemption from registration. The securities have not been and will not be registered under the United States Securities Act of 1933.

The NEO Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "scheduled", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved. Forward-looking information includes, but is not limited to, statements in regard to the prospects for blockchain technology and the Ethereum platform, the Company's business and strategy, the use of proceeds from the Offering, and the listing of common shares on the NEO Exchange and timing thereof.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: general business, economic, competitive, geopolitical, technological and social uncertainties; uncertainties in regard to the development and acceptance of blockchain technology and the Ethereum platform; uncertain capital markets; and delay or failure to receive board, shareholder or regulatory approvals. Although the forward-looking information is based on the Company's reasonable assumptions at the date such statements are made, there can be no assurance that the common shares will be listed on the NEO Exchange or that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update or revise any forward-looking information, except in accordance with applicable securities laws.

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