Novateqni Receives Purchase Order from United Nations Population Fund FOR Burkina Faso
NOVATEQNI RECEIVES PURCHASE ORDER FROM UNITED NATIONS POPULATION
FUND FOR BURKINA FASO
FOR IMMEDIATE RELEASE
March 6 , 2018 – Calgary, Alberta – NovaTeqni Corporation (“ NovaTeqni ” or the " Company ") (TSXV -
NTQ: OTCQB - NVTQF) is pleased to announce that the Company has won a tender worth approximately
US$2,300,000 for the supply of a cellular based mobile management system for the United Nations
Population Fund (UNFPA) to be used for digital census data collection in Burkina Faso.
NovaTeqni will soon be sending a team to Burkina Faso to co-ordinate logistics, support and skills
transfer training.
The project is scheduled to complete within three and a half months.
Gerhard Mynhardt, CEO of NovaTeqni stated , “This tender is the first project with the UNFPA for
NovaTeqni. NovaTeqni has worked with other branche s of the United Nations and we see this as a very
exciting move into new areas of business. The Compa ny is confident that this will lead to other projec ts
for it’s mobile data collection solutions, includin g biometrics based solutions for accurate and
convenient field data capture including remote capture of hand written forms.
About Novateqni
NovaTeqni is a technology based company that is focusing on biometrics and financial technologies.
Using its management experience and developed intellectual property, NovaTeqni provides solutions
and products for voter validation, voter registration, financial transactions and biometric solutions.
Using its platform of products, NovaTeqni can provide clients with custom solutions for their particular
industry. NovaTeqni has corporate offices in Calgary, Alberta, sales offices in Virginia Beach, Virginia,
development offices in Johannesburg, South Africa and manufacturing in Hong Kong.
For further information, please contact Gerhard Myn hardt, Chief Executive Officer of the Corporation,
by email at [email protected] .
Reader Advisory
This press release contains forward-looking stateme nts and forward-looking information within the mean ing of
applicable securities laws. The use of any of the w ords "expect", "anticipate", "continue", "estimate" , "objective",
"ongoing", "may", "will", "project", "should", "bel ieve", "plans", "intends" and similar expressions a re intended to
identify forward-looking information or statements. More particularly and without limitation, this new s release
contains forward looking statements and information concerning the tender award for Burkina Faso by th e UNFPA.
The forward-looking statements and information are based on certain key expectations and assumptions m ade by
the Corporation, including expectations and assumpt ions concerning the business of the Corporation. A lthough the
Corporation believes that the expectations and assu mptions on which such forward-looking statements an d
information are based are reasonable, undue relianc e should not be placed on the forward looking state ments and
information because the Corporation can give no ass urance that they will prove to be correct. By its nature, such
forward-looking information is subject to various r isks and uncertainties, which could cause the actua l results and
expectations to differ materially from the anticipa ted results or expectations expressed. These risks and
uncertainties, include, but are not limited to, the Corporation's expectations and assumptions concern ing the
business of the Corporation and the ability to comp lete and deliver the products required under the aw arded tender
for the UNFPA . Readers are cautioned not to place undue reliance on this forward-looking information , which is
given as of the date hereof, and to not use such fo rward-looking information for anything other than i ts intended
purpose. The Corporation undertakes no obligation to update publicly or revise any forward-looking in formation,
whether as a result of new information, future even ts or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.