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     204  0 Kommentare Relevium Clarifies Operational Update

    MONTREAL, QUEBEC--(Marketwired - Feb. 23, 2018) - Relevium Technologies Inc. (TSX VENTURE:RLV)(OTCQB:RLLVF)(FRANKFURT:6BX) (the "Company" or "Relevium"), is pleased to provide further clarifications on its press release from earlier today.

    The Company has received several requests from active shareholders to clarify ambiguity in the language of the operational press release from earlier in the day.

    Aurelio Useche, President and CEO of Relevium stated: "The Company is very appreciative of the feedback from its shareholders who asked us to provide clarity over the press release."

    The first six months of operations have been successful in all fronts including sales revenue, which have continued to demonstrate an overall positive direction ahead of previous periods.

    The Company did highlight in the previous news release a revenue decline, which was in reference to the month of November. The decline was related to product adjustments and changes in marketing costs due to the implementation of the automation process. However, overall revenues for the six-month period were on target.

    The following is a summary of the message that was intended by the Company to communicate to shareholders:

    1. The integration, optimization and scale up of BioGanix since acquisition has been successful and as expected. The transition period included an expected learning curve and the operating team has done very well in meeting the challenge
    2. Sales revenues are on target and ahead of last year's results by the previous ownership.
    3. The Company has made several important investments, not only to optimize current operations, but also to prepare the team for organic and acquisition-based growth.

    The following were also important updates management felt key to convey to its shareholder base:

    1. The eventual launch of three (3) new brands, the culmination of the successful exclusivity agreements entered into by the company during the reporting.
    2. The launch of over twenty (20) new products or SKUs in 2018 expected hit the shelves as soon as March 2018.

    Management looks forward to reporting Q2 2018 financial results next week.

    About Relevium Technologies

    Relevium is a TSXV-listed company focused on growth through the acquisition of businesses, products and/or technologies with a focus on e-commerce in the growing health and wellness sector. Relevium Technologies Inc. also holds patented intellectual property for the use of static magnetic fields for application on wearable devices.

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    Verfasst von Marketwired
    Relevium Clarifies Operational Update MONTREAL, QUEBEC--(Marketwired - Feb. 23, 2018) - Relevium Technologies Inc. (TSX VENTURE:RLV)(OTCQB:RLLVF)(FRANKFURT:6BX) (the "Company" or "Relevium"), is pleased to provide further clarifications on its press release from earlier today. …