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APQT - Appliqate Inc News Story

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Consumer Cyclicals
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Appliqate Announces the Acquisition of ELEV8, a Leading Hybrid Event Platform Serving the Digital Asset & Blockchain Community

Wed 17th March, 2021 9:07pm
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Sheridan, Wyoming, March 17, 2021 (GLOBE NEWSWIRE) -- Appliqate Inc. (OTC:
APQT) announced the acquisition of ELEV8, a hybrid event platform for
connecting corporate and enterprise thought leaders, executives, and investors
of blockchain, distributed ledger technologies, and digital assets.

The company produces a lineup of in-person, hybrid and virtual events
convening leading institutions at the forefront of digital asset
transformation. Participating organizations include TDAmeritrade, State
Street, IBM, JP Morgan, BlockFi, Celsius Network, NASDAQ, Chainalysis, Galaxy
Digital, Ticketmaster, Bumble Bee Foods, FedEx, Gemini, Wisdom Tree, and many
other global institutions.

Digital assets and blockchain have moved beyond proof of concepts and pilot
projects. The industry is now seeing organizations utilize the technology in
many new ways, along with the institutional investors pouring billions of
dollars into bitcoin and other digital assets. NFTs (non-fungible tokens) have
exploded in recent months. The NBA has sold over $200MM with their Top Shot
initiative and the artist Beeple sold the highest priced NFT ever for $69.3MM.
Additionally, large corporates such as Tesla have committed to digital assets
with their bitcoin purchase of $1.5 billion and plan to accept the digital
currency as payment.

“With the digital asset and blockchain community continuing to demonstrate
impactful results, there is a great need to continue educating investors and
other markets. ELEV8 convenes organizations that will share how they are
successfully solving major challenges by leveraging emerging applications and
building the financial infrastructure of the future,” said Todd Brockman,
Co-Founder, ELEV8.

“The ELEV8 acquisition will broaden Appliqate’s competitive advantage by
utilizing ELEV8’s global network focused on emerging tech sectors and is in
alignment with Appliqate’s strategy to focus on the $1 trillion global live
events and event tech sector,” stated Una Taylor, Founder and CEO.

About ELEV8

ELEV8’s vision is that emerging new technologies such as digital assets,
cryptocurrencies, AI, and blockchain create a more interconnected economic
global ecosystem, working to eliminate barriers to growth and creating
increased value for stakeholders across all industries. We believe future
technologies will serve as the foundation for new economic systems which are
more efficient, open, and accessible. We believe future technologies will
serve as the foundation for new economic systems which are more efficient,
open, and accessible. Our mission is to enable that progress with industry
research, distribution of the most current news and by hosting industry events
that convene executives at the forefront of shaping the future of emerging
technology. Our platform is home to the world’s leading tech experts; we
collaborate with industry stakeholders across vertical markets and openly
share insight. ELEV8 is at the forefront of shaping the future. View ELEV8’s
research & industry content here:

About Appliqate Inc: Appliqate Inc is a publicly-traded technology development
firm that provides businesses, executives and investors access to capital and
innovative solutions by utilizing platforms and business models to disrupt
industry sectors. With an emphasis on media, blockchain, live entertainment,
and intellectual property, the company accelerates the growth of tech
solutions in these markets. Appliqate’s management team represents a unique
combination of technology development, operating, investing, financial and
transactional expertise. 

Forward-Looking Statements: This press release contains “forward-looking
statements” within the meaning of Section 21E of the Securities Exchange Act
of 1934. Except for historical matters contained herein, statements made in
this press release are forward-looking statements. Without limiting the
generality of the foregoing, words such as “may”, “will”, “to”,
“plan”, “expect”, “believe”, “anticipate”, “intend”,
“could”, “would”, “estimate,” or “continue”, or the negative
other variations thereof or comparable terminology are intended to identify
forward-looking statements. Forward-looking statements involve known and
unknown risk, uncertainties and other factors which may cause our actual
results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Also, forward-looking statements represent our
management’s beliefs and assumptions only as of the date hereof. Additional
information regarding the factors that may cause actual results to differ
materially from these forward-looking statements is available in the Company's
filings with the SEC including the Current Reports on Form 8-K and the
Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Except as
required by law, we assume no obligation to update these forward-looking
statements publicly or to update the reasons actual results could differ
materially from those anticipated in these forward-looking statements, even if
new information becomes available in the future.

For more information contact:

Una Taylor:
305-507-3335 |

*     APQT
Una Taylor Founder and CEO of Appliqate Inc

GlobeNewswire, Inc. 2021
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