Raleigh, NC, July 19, 2016 --(PR.com
)-- AmericaTowne, Inc.®, a Delaware corporation (the “Company”) announced that it has entered into a Modular Construction & Technology Services Agreement with its majority-owned subsidiary, ATI Modular Technology Corp., a Nevada corporation. The Company has been involved in ongoing negotiations with the Shexian County Bureau in China to develop an AmericaTowne Community in the Hanwang mountains. In addition, the Company, at the invitation of the Xiamen Longyan City Chamber of Commerce, Xiamen/Longyan China and the Xiamen City Growth Planning Agency, plan to pursue the development of an AmericaTowne Community and an International School in Longyan County, China.
Alton Perkins, Chief Executive Officer and President of the Company commented, “ATI Modular, in providing the research, development and technology required to construct buildings using modular technology, allows the Company to provide a ‘full-loop’ development, construction and maintenance solution for not only the Shexian County and Logyan County construction initiatives recently announced, but also as a framework and solution for construction of AmericaTowne Communities in the future.”
Please call the Company at (888) 406-2713 if you have any questions. For investor information you may obtain a written prospectus by contacting the Company at the foregoing telephone number or by writing to the Company at AmericaTowne, Inc., Attn: Investor Relations, 4700 Homewood Court, Suite 100 in Raleigh, North Carolina 27609.
About AmericaTowne, Inc. and ATI Modular Technology Corp.
AmericaTowne is incorporated in the State of Delaware. AmericaTowne’s objective is to provide upper and middle-income consumers in China with “Made In The USA” goods and services allowing customers to experience the United States’ culture and lifestyle. In addition, AmericaTowne sees opportunities in developing countries, such as Africa, in implementing business solutions considered mainstream in America, but relatively new in these developing countries. AmericaTowne is deploying resources, research and expertise in evaluating these opportunities as part of its overall growth model. AmericaTowne is a publicly reporting company with the United States Securities and Exchange Commission, and its quarterly and annual reports, and periodic disclosures may be found at www.sec.gov/edgar and also at www.americatowne.com.
In addition, ATI Modular Technology Corp. is incorporated in the State of Nevada. It is a related party to AmericaTowne by virtue of AmericaTowne’s majority and controlling interest. The intent is for ATI Modular Technology Corp. to provide AmericaTowne, and other unrelated parties, in developing countries, in introducing, implementing, educating and facilitating the benefits of modular construction. ATI Modular Technology Corp. is not a publicly reporting company, but is listed on the OTC Pink with the OTC Markets Group under the symbol “GREI.” It should be noted that ATI Modular Technology Corp. is currently seeking FINRA corporate action associated with a symbol change and name change, and thus investors should be aware that management has suspended the current CUSIP upon market effectiveness of the corporate actions authorized.
Forward Looking Statement
This press release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events and similar expressions. Forward-looking statements may be identified by use of words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases which are predictions of or indicate future events or trends. Statements such as those concerning potential acquisition activity, investment objectives, strategies, opportunities, other plans and objectives for future operations or economic performance are based on the Company's current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. You are cautioned not to place undue reliance on any forward-looking statements and the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes. Please refer to Company's filings with the Securities and Exchange Commission for further information.
Contact: Alton Perkins, Chief Executive Officer, (888) 406-2713, firstname.lastname@example.org
Source: AmericaTowne, Inc.