[NASDAQ] Pacific Software Inc. initiates new Board of Directors appointment
[NASDAQ] Pacific Software Inc. initiates new Board of Directors appointment
  • By Chun Go-eun (info@koreaittimes.com)
  • 승인 2017.02.04 13:38
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LAGUNA BEACH, Calif., Feb. 04, 2017 (GLOBE NEWSWIRE/ Korea IT Times) -- Pacific Software Inc. (ticker symbol OTC:PFSF) is pleased to announce the appointment of Mr. John Simmonds to the Board of Directors of the Company. He brings with him a vast corporate knowledge as an experienced entrepreneur and industrialist. He is currently Chief Executive Officer and Chairman of A.C. Simmonds and Sons Inc. which holds interests in a variety of enterprises. Mr. Simmonds will be a valued member of the Board of Directors of the Company and is expected to serve for a minimum term of two years.

GrandWall may present the first social media network visualizing a digital wall between USA and Mexico while using it as a platform for political discussions and special interest debates (www.grandwall.com). It is expected to shortly launch its non-partisan community and special interest social network where the centerpiece consists of a 1,989-mile-long digital wall with millions of individual wall pieces and bricks to be purchased and designed exclusively by its members. The ongoing controversy between opinions and perspectives may project the digital wall as a leading place for people to express their arguments, sentiments and desires.

As a result GrandWall may become the largest digital canvas globally displaying millions of personal beliefs, comments and unique viewpoints. GrandWall’s visualization concept has been inspired by the Berlin Wall and its world-famous East Side Gallery which is part of the former border wall between East Germany and West Germany (www.eastsidegallery-berlin.de). The East Side Gallery consists of 105 wall paintings by artists from all over the world, painted in 1990 on the east side of the Berlin Wall. It is possibly the largest and longest-lasting open air gallery in the world while GrandWall.com may be the largest digital wall and virtual open air gallery in the world.

Memberships to Grandwall.com may be available to everyone, and there may be no restrictions on what members may publish on their wall pieces of the digital border wall (#borderwall) as protected by the First Amendment, whether they support President Donald J. Trump and his proud “Make America Great Again” movement (#MakeAmericaGreatAgain) or whether they support or voted for Hillary Clinton and her “Stronger Together” campaign (#StrongerTogether) or any other candidate.

About Us: Pacific Software Inc. is a U.S. based corporation which has acquired social media platform Grandwall.com (www.grandwall.com), its software and related assets. Our team of software developers and Internet specialists have worked on projects with over 500 agencies and clients in the USA, EU, UK, and other countries. Once fully designed, engineered and online Grandwall.com may be characterized as a “third generation” social media platform in the emerging augmented reality (AR) and virtual reality (VR) technology space with worldwide applications.

Contact: For further information please visit our social network at www.grandwall.com and our corporate website at www.pacificsoftwareinc or call us or email us at any time.

Facebook: https://www.facebook.com/GrandWallcom/

Twitter: https://twitter.com/GrandWallcom

Pacific Software Inc.

Safe Harbor Notice: Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). Pacific Software Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions. Actual results could differ materially from implied results. Pacific Software Inc. undertakes no obligation to revise these statements following the date of this news release.  Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. 

Disclaimer Regarding Forward Looking Statements: Certain statements in this press release, on Pacific Software Inc.’s (“PFSF”) website and other oral and written statements made by PFSF from time to time are “forward-looking statements”, as that term is defined in Section 27A of the United States Securities and Exchange Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended,  Forward-looking statements include, without limitation, statements regarding beliefs, objectives, intentions, goals, plans, strategies, any other statements regarding the future.  These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and PFSF expressly disclaims any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date thereof.  All forward-looking statements, whether written or oral and whether made by or on behalf of the PFSF, are expressly qualified by these cautionary statements. Forward-looking statements involve risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. PFSF’s expectations, beliefs are expressed in good faith and are believed by the PFSF to have a reasonable basis, but there can be no assurance that  expectations, beliefs  will result or be achieved or accomplished.  A variety of factors, many of which are beyond PFSF’s control affect PFSF’s operations, performance, business strategy and results and could cause the actual results, performance or achievements of PFSF to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. For PFSF, particular uncertainties arise, amongst others but not limited to and not in any order of importance, from (i) focusing on and allocating more resources on certain target markets (ii) the possibility to raise further equity and debt to fund future growth, (iii) changes in demand for PFSF’s products, (iv) performance issues with key suppliers, affiliates, agents, advisors or subcontractors, (v) changes in government changes in laws or regulations to which PFSF or its suppliers are subject, including environmental laws and regulations relating to water  sources  and (vi) the inability to complete announced acquisitions, difficulty or unanticipated expenses in connection with integrating acquired businesses and the risk that anticipated synergies and opportunities as a result of acquisitions will not be realized or the risk that acquisitions do not perform as planned, including, for example, the risk that acquired businesses will not achieve revenue projections. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE.  THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

CONTACT: Harrysen Mittler, Chairman and CEO
chairman@grandwall.com

Heide Morris, Investor Relations
investors@grandwall.com

Address:  
537 S. Coast Hwy
Laguna Beach 
CA 92651
U.S.A.

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