CryptoSign Appoints Corporate Business Development Officer

ID: 1402638
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(businesspress24) - OREM, UT -- (Marketwired) -- 12/07/15 -- On December 4, 2015, CryptoSign, Inc. (OTCQB: CPSN) announced that Morten Krarup was appointed as its Chief Business Development Officer. Mr. Krarup will lead corporate business development and market research.

On November 30th, 2015, CryptoSign completed an acquisition of NABUfit Global ApS, which develops a state-of-the-art online fitness platform and mobile applications. In connection with at acquisition, Mr. Krarup became a major shareholder and was appointed as a director of CryptoSign, Inc. Mr. Krarup was a founding member of NABUfit Global ApS and is one of the key developers of the concept behind its NABUfit product offerings. The appointment of Mr. Krarup as the Chief Business Development Officer will expand his role with the Company and help the Company continue to develop, market and expand its products and services.

Mr. Krarup recently served as a Completion and Well Intervention Engineer at Weatherford Denmark. Since 2002, Mr. Krarup has been engaged in Business Development, Project Management and Operations in the oil and gas industry in Denmark, the Netherlands, Norway, Poland and UK.

CryptoSign () is a US smaller reporting public company that recently acquired NABUfit Global ApS, a Danish company. As a result of the acquisition, NABUfit Global ApS is a wholly owned subsidiary of CryptoSign and the operations of NABUfit Global ApS constitute the only operations of CryptoSign. NABUfit Global ApS develops a state-of-the-art online fitness platform and mobile applications with the option of connecting existing and future monitoring devices (wearables etc.) to the platform and applications. NABUfit features input from professional and amateur mentors and world-class sport stars on its on-line portal. The product is designed to integrate with the Microsoft Xbox Kinect, which records and measures training performance. This monitoring allows feedback to the user and provides an improved user experience as well as motivation for improving personal performance.

Statements about the expected timing, and all other statements in this press release, other than historical facts, constitute forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. A number of the matters discussed herein that are not historical or current facts deal with potential future circumstances and developments which may or may not materialize. This press release speaks only as of its date, and except as required by law, we disclaim any duty to update the information herein.


Ulrik Moll
+45 20537466

Bob Bench
+1 801-362-2115

Investor Relations

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Date: 12/07/2015 - 01:01
Language: English
News-ID 1402638
Character count: 3657
Firma: CryptoSign, Inc.
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: OREM, UT


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