Universal Systems, Inc. (OTC: UVSS) Appoints Alessandro Patti for Chief Technical Officer

Universal Systems, Inc./Digital Distro Solutions, Inc. (OTC Pink: UVSS) proudly announces the appointment of Alessandro Patti as Chief Technical Officer.   Andrew Lane, CEO of Universal Systems, Inc./Digital Distro, states, “We are tremendously excited about this appointment as Mr. Patti is a recognized world leader in the Web3 and Crypto/NFT industry. Mr. Patti has been involved in a wide range of blockchain projects and brings an unparalleled depth of experience and forward thinking. As we move forward to provide consulting for Metaverse, Web3, and NFT projects, Mr. Patti will play an integral leadership role in generating new revenue streams for the company.

Mr. Patti’s experience includes being the CTO and Founder of AGP Solutions. Alex has repeatedly been brought in to solve enterprise class IT infrastructure challenges using cutting edge technology, industry best practices and outstanding communication skills. Alex seamlessly bridges the gap between business and technical teams, effectively being able to translate technology transformations to business speak. An overview of Alex’s clients include Star Management Services (led global IT startup during growth of company from 200 employees to 4,000+), Mauser Corporation USA, West Corporation/InterCall (following multiple M&As, built a smarter supportable, scalable, resilient, global IT environment, now the company baseline), E&S Foods, AGT Intl., CIT, AIS Systems, ATS GROUP LTD, 4-D Security, 3i-Mind Inc., Custodia Group NL, MKTG,  CoActive Marketing Group, Terra Tech Corp and Hillview Med.  He has also held permanent IT leadership roles, Founder, CEO, CTO, Director of IT, system administrator, and exchange engineering roles within MKTG, Inc.; Citigroup, Microsoft Consulting Services, GE Consulting Group, PSYBLOCK and Chubb Computer Services.

True to his craft, Mr. Patti views technological pain points as potential opportunities. For example, recognizing that one of the major pain points in commercial data-mining buildout exists in thermal management, Mr. Patti effectively prototyped, and rapidly deployed a revolutionary mining pod that simultaneously supported both GPU and ASIC computational assets to power ancillary heating solutions. The project was able to utilize all heat output to power nearby greenhouses through an advanced HVAC system. This revolutionary design proved to be a stable and profitable mining operation, while also saving hundreds of thousands in greenhouse heating costs within the first year of deployment. To date, Mr. Patti has consulted and worked closely with dozens of Blockchain and data-mining operations to achieve similar best in class results; bringing decades of best practice and innovative solutions to this rapidly maturing industry.  

Core Specialties

Fundamental skillset includes Emerging Technologies – Development and Deployment; | WEB3 / BlockChain / NFT Discovery and Business Development and Implementaion | Tokenomics Modeling and Deployment |Cloud-based Infrastructures; Data Center Team Leadership | Systems Architecture; Vendor Management | Contract Negotiation; M&As | Post-merger Integration; Carrier-grade and Enterprise Infrastructures; Cybersecurity | Network Security; Business Continuity | Disaster Recovery;  IT Strategy Planning & Execution; Virtualization | Telecommunication Solutions; Risk Management | Controls & Compliance; and Hyper-convergence Technologies.

Additional Company highlights are as follows:

Mr.‌ Robert Munck,‌ Executive Vice President‌ ‌of‌ Critical Solutions, Inc.‌ (OTC Pink: CSLI) ‌adds,‌ ‌”This is a great milestone for all the shareholders of Universal Systems, Inc. and our parent company, Critical Solutions, Inc.  We are proud to have Alessandro Patti building shareholder value with Universal Systems. We believe that Web3 combined with multi-media capabilities will be able to provide unique and in-demand consulting services that ensure profitability and sustainability in the marketplace via digitization and brand influence.”

Mr. Lane states, “The short-term goal for the next six months at Universal Systems, Inc./Digital Distro is to generate profitable revenues streams with upfront consulting fees paid to the company for our Web3 Consulting, Film & Music Production, and Social Brand Influence.  Each one of these revenue streams has a key common component of Royalty Streams. Our focus is to develop a library of assets that provides a 15–20 years stream of royalties for our shareholders.”

Mr. Andrew Lane, CEO of Universal Systems, Inc./Digital Distro, concludes, “We also want to reiterate that no reverse split is planned, and we are confident in the direction of the company.”

About Universal Systems, Inc.

Universal Systems, Inc. / Digital Distro Solutions (OTC Pink: UVSS) is a subsidiary of Critical Solutions, Inc. The focus of the incoming company is Web3 consulting services for multi-media production, distribution, with social brand influence to film and music productions. Mr. Andrew Lane, CEO, is well known for his numerous credits including work with Disney while also managing talent that has a collective following of over half billion social followers. The company is currently in negotiations for musical scores, soundtrack development, and original music composition for two upcoming feature productions. The Transfer Agent has verified the share structure has remained unchanged with 286,049,052 Outstanding and 76,836,847 shares in the Float. The company is being renamed Digital Distro Solutions.
Also note the company has updated its Twitter address to https://twitter.com/Digi_Distro.

About Critical Solutions, Inc.

Critical Solutions, Inc. is a diversified holding company and the parent company of Rodedawg International Industries, Inc. (RWGI) and Universal Systems, Inc. (OTC Pink: UVSS). Critical Solutions, Inc. acquires and invests in emerging growth and profitable companies. To subscribe to company updates, please visit the Company’s website at http://CriticalSolutionsInc.com/.

Also note the company has updated its Twitter address to https://twitter.com/CSLI_Solutions.

Contact Information:

Universal Systems, Inc.
1-800-395- 6811
ir@digitaldistrosolutions.com

Safe Harbor Statement: In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Universal Systems, Inc.

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CoinSmart announces new Chief Compliance Officer, AGM Voting Results and provides Corporate Update

CoinSmart Financial Inc. (“CoinSmart” or “CFI”) (NEO: SMRT) (FSE: IIR), a leading Canadian-headquartered crypto asset trading platform, announced today that Sheereen Khan has joined CoinSmart as Chief Compliance Officer. 

Prior to joining CoinSmart Ms. Khan held senior compliance positions with Coinberry Ltd., Laurentian Bank Financial Group, JP Morgan Chase and Bank of Montreal.  She will replace Jeremy Koven who acted as Interim Chief Compliance Officer following the departure of Joe Tosti.

Annual General Meeting Results

CoinSmart also announced that all resolutions considered by the shareholders at the Annual General Meeting of Shareholders (the “Meeting“) previously held on June 29, 2022 were passed.

Voting as to each of the director nominees were as follows:

DirectorFor%Withheld%
Alexa Abiscott27,814,12499.99 %3,2830.01 %
Jeffrey Haas27,813,92499.99 %3,4830.01 %
Justin Hartzman27,813,12499.98 %4,2830.02 %
Jeremy Koven27,814,12499.99 %3,2830.01 %
G. Scott Paterson27,814,12499.99 %3,2830.01 %

Please refer to the report of voting results filed under CFI’s profile at www.sedar.com for the detailed results of all matters voted upon by shareholders at the Meeting.

Corporate Update

CoinSmart recently launched SmartPay, the easiest way for businesses to send and accept crypto payments. This payment processing service guarantees no chargebacks, no holds, same day settlements, and up to 80% cost savings, compared to traditional payment methods like credit cards.  It is estimated that there are over 300 million crypto users worldwide. Also, over 75% of global retailers plan to accept crypto over the next 24 months, making crypto more mainstream than ever. Moreover, crypto payment processing eliminates chargebacks, which is currently a $125 billion problem in the world of payment processing.

CoinSmart also became the first crypto platform to receive an Online Sports Wagering Vendor Permit from the State of Wyoming, allowing CoinSmart to process cryptocurrency payments for legalized gaming companies licensed in Wyoming.

CoinSmart has terminated the previously disclosed investment in NFT cross-bridge marketplace Curate due to repeated breaches and non-fulfillment by Curate Group Ltd. of its obligations pursuant to the Share Purchase Agreement.  CoinSmart is in the process of evaluating any available recourse against Curate Group Ltd.

About CoinSmart Financial Inc.

CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission. CoinSmart is also one of the first Canadian headquartered trading platforms to have an international presence, accepting customers across 40+ countries at a time when the digital asset industry continues to rapidly expand.

CoinSmart further builds on its mission to make cryptocurrency accessible by providing educational resources tailored to every level of cryptocurrency knowledge and unparalleled 24/7 omni-channel customer support. Offering instant verification, industry leading cold wallet storage, advanced charting with order book functionality and over-the-counter premium services, CoinSmart ensures every client’s needs are met with the highest level of quality and care. For more information please visit https://www.CoinSmart.com/.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information“) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this news release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: regulatory approvals. Accordingly, readers should not place undue reliance on the forward-looking information contained in this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

SOURCE CoinSmart

AMPD Ventures Announces the Addition of Tanya Woods to its Board of Directors

AMPD Ventures Inc. (CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0) (“AMPD” or the “Company”), a next-generation digital infrastructure provider, is pleased to announce that Tanya Woods has been appointed to its board of directors, effective September 12, 2022.

Ms. Woods is a Canadian-American entrepreneur, technology lawyer, and policy leader working in the verticals of mainstream and digital media, telecommunications, AI and blockchain, and high-performance computing infrastructure. She is currently the CEO of Futurity Partners, a strategic consulting firm advising public and private sector organizations on exponential and innovative technologies, digital policy, and ESG matters.

“I am delighted to be joining the experienced Board of AMPD Ventures as the Company and its subsidiaries break ground in the metaverse,” said Woods, “the Company’s multi-faceted approach from enabling mobile high-performance computing infrastructure to supporting first class metaverse and digital content creation is a unique and compelling innovation journey I look forward to talking with the team.”

“Tanya is an accomplished business leader with deep knowledge and experience in video games, digital content, high-performance computing infrastructure, ESG, and Web3,” said Anthony Brown, CEO of AMPD Ventures Inc., “she has a strong track record of successfully advancing public and private company growth objectives in these verticals making her an ideal addition to our Board, we look forward to her insights and are pleased to welcome her onboard.”

Ms. Woods has held increasingly senior executive level leadership roles advancing the commercial and regulatory agendas of global technology companies and government for nearly twenty years. She recently served as the founding Managing Director of Canada’s first Chamber of Digital Commerce, General Counsel, EVP Regulatory Affairs and Corporate Secretary of Hut 8 Mining Corp., General Counsel of the Entertainment Software Association of Canada, and Regulatory and Copyright Counsel for BCE Inc. She is also currently serving a three-year appointment as an expert advisor to UNESCO in Canada supporting the advancement of the United Nations Sustainable Development Goals.

Ms. Woods’ has received recognition as one of IT World’s Top Women in FinTech and Blockchain, a Government of Canada Leading TechWoman, CBC Trailblazer, Obama Foundation Global Civic Leader, Toastmasters International Community Leadership Award Recipient, and as a Top 40 Under 40. She studied law and global trade at the London School of Economics, University of Ottawa, and American University Washington College of Law.

About AMPD Ventures Inc.

AMPD is a next-generation infrastructure company specializing in providing high-performance computing solutions for low-latency applications. With state-of-the-art, high-performance computing solutions hosted in sustainable urban data centres, AMPD is leading the transition to the next generation of computing infrastructure as ‘the hosting company of the Metaverse.’ Through a mix of infrastructure as a service (“IaaS”) and an upgraded, high-performance cloud offering, we are meeting the low-latency requirements of multiplayer video games and eSports, computer graphics rendering, artificial intelligence, machine learning, mixed reality, big data processing, and the as-yet uncharted technological developments of the coming decades. Additional information about the company is available on SEDAR and our website at http://www.ampd.tech.

For further information please contact Investor Cubed Inc.:

Neil Simon, CEO
Telephone: (647) 258-3310
Email: nsimon@investor3.ca

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “Anthony Brown”

Anthony Brown
CEO & Director
AMPD Ventures Inc.
Telephone: 604-332-3329
Email: ir@ampd.tech

Cautionary Statement

Forward Looking Statements

Certain statements made herein may contain forward-looking statements or information within the meaning of the applicable Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

SOURCE: AMPD Ventures Inc.