Byzen Digital Plans to Open U.S. Corporate Headquarters and 60 Million Shares are Returned to Treasury as Strategic Partner, The Axiom Partnership, Mutually Agrees to Move on in Order to Facilitate Next Stage of Company Growth

Tom Beckett, CEO of The Axiom Partnership, Resigns as COO of Byzen Digital

London, UK, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Byzen Digital Inc. [OTC PINK: BYZN], a technology mergers and acquisitions company, today announced that it has mutually agreed with its Strategic Partner, The Axiom Partnership, to terminate its commercial relationship. Tom Beckett, CEO of The Axiom Partnership, has resigned as Chief Operating Officer of Byzen Digital as well. Both actions are effective immediately.

Over the last 12 months, the Axiom Partnership has identified both start-ups and small - medium enterprise technology company acquisition targets that are at various stages of the due diligence process. It has also helped to establish a consulting arm of the business that assists companies in the sector by utilizing the skill and experience of the strong Byzen Digital Advisory Board.

After two very successful meetings in the last three weeks between Byzen Digital and the OTC Markets Group, it is absolutely clear that the Company is ready for the next stage of its journey. As such it is essential that the right partners are in place to be able to support the uplisting strategy to the OTC QB.

With the status of an OTC QB listing, Byzen Digital is highly confident that it can better execute and deliver on its merger and acquisition strategy. Therefore going forward, commercial activities will be more focused in the United States and Byzen Digital plans to soon establish an office in the U.S., making the region the primary focus for its operational activities.

Tom Beckett, CEO of The Axiom Partnership, commented, “Working alongside Byzen Digital for the last year has been an exciting and rewarding experience. I am proud of the successes we have had and the challenges that we met. The time has come to hand the baton over to a new team that will take Byzen Digital to the security and transparency of the OTC QB with a particular focus on U.S. acquisitions. Both I and my team wish Chris and the Byzen Digital team the very best future success.”

Chris Percy, President of Byzen Digital, said, “This marks an extremely exciting time for Byzen Digital. We are grateful for the support that the Axiom Partnership has provided over the last year and I wish to personally say thank you to Tom and his team. It is now time to move forward. We have clear directives to achieve over the coming weeks and months, including OTC QB uplisting, opening an office in the U.S., and completing acquisitions in the U.S. to further the growth of our business. All of our focus and attention is on the future and what needs to be done to deliver on our strategic plans.”

As part of the termination, The Axiom Partnership will relinquish the 60 million shares it was granted in the company, which will be deposited back in the Byzen Digital treasury.

An announcement appointing a new Strategic Partner is expected to be made within several weeks.

About Byzen Digital Inc.

Byzen Digital is a high-growth organization focused on mergers and acquisitions in the technology space. Originally set up to service the growing blockchain sector, Byzen Digital’s scope has quickly grown beyond its initial focus to incorporate start-ups and SMEs from the wider technology arena including cyber security, data storage, cloud-tech, analytics, software, and digital applications.

The Byzen family provides vital strategic insight, global funding access, and a robust corporate structure to support its incorporated ventures in positioning concepts for global success. For more information go to:

Safe Harbor Statement

This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management’s own knowledge and assessment of the Company’s industry and competition. The company assumes no duty to update its forward-looking statements. As part of the termination, The Axiom Partnership will relinquish the 65 million shares it was granted in the company, which will be deposited back in the Byzen Digital treasury.