Btltm Reconfirms April 23RD as Launch Date FOR Interbittm Testing and Feedback
BTLTM RECONFIRMS APRIL 23RD AS LAUNCH DATE FOR
INTERBITTM TESTING AND FEEDBACK
For Immediate Release
Vancouver, Canada / London, UK April 19, 2018
BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or the “Company”) is pleased to reconfirm April
23, 2018 as the date that Interbit, the Company’s token free, next generation blockchain platform,
will be available for testing and feedback. Visitors to https://interbit.io will be able to access and
download Interbit on that date.
“This launch of Interbit for testing will provide us with the insights and feedback required to provide
successive upgrades every two weeks,” said Tom Thompson, CTO of BTL. “Throughout Interbit’s
two year development, the focus has been on creating true privacy and we look forward to the
feedback from the early users.”
Interbit’s unique “chain joining capability” has the capacity to inter-connect many thousands of
Interbit blockchains per solution in a completely private, secure and horizontally scalable manner.
BTL developed and built Interbit after determining two years ago that second generation
blockchain technologies such as Ethereum would not meet the privacy nor scalability demands
of users. The Interbit platform will allow users to keep all metadata private in a design framework
that is familiar and easy to use.
Prior to this April 23 release, BTL will be filing multiple patent applications to further protect
Interbit’s various proprietary aspects. These new patent applications build on BTL’s filings from
last year (see the Company’s October 17, 2017 press release) and show BTL’s commitment to
protecting its intellectual property.
ABOUT BTLTM AND INTERBITTM
Listed on the TSX Venture Exchange (TSX Venture: BTL) and operating from both Canada and
the UK with offices in Vancouver, Calgary and London, BTL is a technology platform provider that
owns Interbit, a next generation blockchain platform which enables business applications to be
built quickly, easily and securely.
Interbit can be licensed by developers and businesses who can build and share their own appli-
cations in a trusted ecosystem, allowing them to embrace new revenue generating opportunities.
Interbit meets the speed, scale and privacy that older generations of blockchain technology can-
not achieve by using chain joining technology to connect multiple blockchains. It offers a simpler,
more secure, new way of computing.
Website: www.btl.co & www.interbit.io
Twitter: https://twitter.com/blockchainltd & https://twitter.com/interbit
Videos: https://youtu.be/YFOH0YEHLak & https://youtu.be/eWI-0AXaZgc
TM
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For further information please contact:
Dominic McCann, CEO
Phone: +1 855 256 5246
Email: [email protected]
Certain statements in this release are forward-looking statements, which include further
development of BTL’s business relationships and business and the timing, development and
success of BTL’s technologies and products, patent filings and other matters. Forward-looking
statements consist of statements that are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future. Such information can generally be
identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”,
“anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.
Readers are cautioned not to place undue reliance on forward-looking statements, as there can
be no assurance that the plans, intentions or expectations upon which they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown
risks and uncertainties, both general and specific, that contribute to the possibility that the
predictions, estimates, forecasts, projections and other forward-looking statements will not occur.
These assumptions, risks and uncertainties include, among other things, the state of the economy
in general and capital markets in particular, the development of competitive technologies, the
marketplace acceptance of BTL’s technologies and products, as well as those risk factors
discussed or referred to in BTL's annual Management's Discussion and Analysis for the year
ended December 31, 2017 available at www.sedar.com, many of which are beyond the control of
BTL. Forward-looking statements contained in this press release are expressly qualified by this
cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this
press release. Except as required by law, BTL disclaims any intention and assumes no obligation
to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise. Additionally, BTL undertakes no obligation to comment on the expectations
of, or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.