ACCELERATED TECHNOLOGIES HOLDING CORP. ASSUMES CONTROL AND MANAGEMENT OF TECHNOLOGY AND SOFTWARE DEVELOPMENT RESOURCES, EASTERN EUROPEAN GROUP.

Accelerated Technologies Holding Corporation announced today that it has reached an agreement with Eastern European Technology Group to bring technology development in-house, including a team of key development professionals who will act as core leads during the expansion of its operational capacity.  

The agreement gives ATHC greater control over technological enhancements. Additionally, it enables deeper collaboration between operations professionals and the team of developers to provide innovative solutions for ATHC’s pipeline of products. Keeping development efforts offshore, but in-house will provide for greater controls on costs of development, transparencies and management of timetables.

Reduced deployment cost will enable the Company to pass savings on to our customers across all upcoming verticals in business solutions, artificial intelligence and reporting, alternative lending, blockchain and cryptocurrency projects. These include enhancements and modifications for subsidiaries, FinBridge, Intelagy and our planned ICOs/TGOs of IconXchange and Xstream. Cyber security and other sensitive information will continue to be managed domestically.

As the Company nears deployment of its offerings, ATHC subsidiaries will use the facility to stand out amongst their peers and other business solution providers by offering 24/7 customer service and support.

“ATHC’s portfolio of complimentary products will benefit greatly from the economies of scale and so will our customers. The combination of lower offshore operational costs and in-house management of all future development are a key factor in allowing ATHC to execute on our strategies. The planned expansion of facilities in Eastern Europe will also allow us to bring customer service and support in house, further allowing for quality controls and customer responsiveness.” Said Kevin Kading Accelerated Technologies Holding Corp. President

For more information visit www.athcorp.com

Statements made in this letter include certain forward-looking statements, management's objectives, strategies, beliefs and intentions. The Companies do not intend, and do not assume any obligation, to update forward-looking statements which are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements represent management's best reasonable judgment based on current facts and assumptions. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.

Website: www.athcorp.com 

Kevin Kading 212.385.9200 kkading@athcorp.com

Transfer Agent: http://pacificstocktransfer.com 

Source: Accelerated Technologies Holding Corp.